The India Wealth Window 2026 held recently at Taj Dubai, Business Bay, saw the participation of policymakers, bankers, investors and business leaders to discuss startup investments and FCNR-linked wealth creation structure, among other economic expansion plans.

The high-level financial conclave, organised by the Indian Business & Professional Council (IBPC Dubai), underscored the UAE as one of the largest sources of remittances into India.

Industry experts at the event highlighted the fact that NRI deposits had reached about $166 billion, including $33.7 billion in Foreign Currency Non-Resident (FCNR) deposits.

Veteran UAE diplomat and statesman Mirza Hussain Al Sayegh, whose memoir ‘A True Story’ was launched at the event, said that agreements and economic partnerships that were forged between India and the UAE have shaped trade and investment relations of the two countries to this day.

Suresh Kumar, Chairman Emeritus of IBPC Dubai, Sunny Narang, Convenor, IBPC Dubai FSCM focus group, and Dr. Nilay Ranjan Singh, CEO of State Bank of India (DIFC), were present at the conclave.

While addressing the diaspora, Singh said, “India needs you and you need India.”

Piyush Jhunjhunwala, Founder of Stockify Fintech, pointed out India’s growth as a $4.5 trillion economy growing at approximately 7% annually, suggesting it could become a $10 trillion economy by 2030 and reach $40 trillion by 2045. “The whole world is investing in India because India is still in its growth stage,” Jhunjhunwala said.

Dr. Sahitya Chaturvedi, Secretary General of IBPC Dubai, said that India currently had more than 2.11 million active companies, while only 7,500 companies were publicly listed. He highlighted the scale of opportunities available in private markets, startups and emerging enterprises. – editor@nrifocus.com