The Foundation for Innovation and Technology Transfer (FITT) at IIT Delhi has launched the India-UAE Startup Exchange, aiming to support Indian startups in scaling their operations globally by facilitating entry into the UAE market. This initiative was announced during a high-level dialogue hosted by UAE Ambassador to India, Abdulnasser Alshaali, at his residence.
The event brought together 40 FITT-incubated startups, providing them with a platform to explore opportunities in the UAE market and strategies for international growth. Discussions focused on leveraging the UAE’s strategic location and business-friendly environment to expand operations.
Nikhil Agarwal, Managing Director of FITT, emphasized that this collaboration would generate synergy between India and the UAE, offering startups a launchpad for global expansion. He highlighted that initiatives by the Ministry of External Affairs and the Comprehensive Economic Partnership Agreement (CEPA) Council are enabling startups to capture opportunities in the UAE market. Dialogues like this serve as practical platforms for innovation-driven growth.
The participating startups represented various sectors, including technology, AI, mobility, robotics, healthcare, life sciences, environment, and sustainability. FITT, as the industry interface and innovation arm of IIT Delhi, plays a key role in shaping India’s deep-tech startup ecosystem through technology commercialization, incubation, and strategic partnerships.
This initiative underscores the growing collaboration between India and the UAE in fostering innovation and supporting the global scaling of startups.
