The 26th Water, Energy, Technology, and Environment Exhibition (WETEX) 2024 commenced at the Dubai World Trade Centre, featuring a significant Indian presence. Organized by the Dubai Electricity and Water Authority (DEWA), the exhibition runs until October 3rd and is set to showcase innovations in renewable energy, water treatment, and environmental technologies. 29 prominent Indian companies are participating, highlighting India’s commitment to sustainable solutions.
Indian Participation in WETEX 2024
Sunjay Sudhir, the Indian Ambassador to the UAE, emphasized the importance of India’s role in WETEX 2024. The Indian pavilion is showcasing cutting-edge technologies and sustainable projects, promoting a green economy and supporting the Sustainable Development Goals (SDGs). These projects focus on clean energy, water conservation, and environmental protection.
Strengthening UAE-India Economic Ties
India’s participation in WETEX 2024 is a testament to the growing economic relationship between India and the UAE. Following the implementation of the Comprehensive Economic Partnership Agreement (CEPA) in May 2022, trade between the two countries reached $84.5 billion from April 2022 to March 2023. Experts predict that this figure could rise to $100 billion by 2027, showing the depth of the partnership.
UAE Investments in India
The UAE has emerged as one of India’s key investors, ranking seventh among foreign investors. In 2023, the UAE invested $18 billion across various sectors in India, demonstrating the strengthening of economic ties between the two nations.
Global Importance of WETEX 2024
WETEX 2024 is a globally significant event, featuring 16 international pavilions from 14 countries. The exhibition serves as a platform for showcasing the latest in sustainable technologies related to water, energy, and the environment. The event attracts over 1,500 exhibitors from 50 countries and is expected to draw 20,000+ visitors. Experts will also share insights on environmental challenges through conferences and discussions.
News Summary:
- WETEX 2024 began at the Dubai World Trade Centre, with 29 Indian companies presenting innovative green technologies.
- Sunjay Sudhir, India’s Ambassador to the UAE, highlighted the importance of India’s participation in promoting a green economy and achieving Sustainable Development Goals (SDGs).
- India’s role in WETEX 2024 reflects the growing UAE-India economic partnership, with trade volume expected to hit $100 billion by 2027.
- UAE’s investment in India reached $18 billion in 2023, strengthening economic ties further.
The event showcases innovations in renewable energy, water management, and environmental conservation and will feature 16 international pavilions from 14 countries.
Key Details of WETEX 2024
| Feature | Details |
| Event Name | WETEX 2024 |
| Location | Dubai World Trade Centre |
| Indian Participation | 29 companies |
| Key Organizer | Dubai Electricity and Water Authority (DEWA) |
| Focus Areas | Renewable Energy, Water Treatment, Environment |
| UAE Investment in India | $18 billion in 2023 |
| Expected Visitors | 20,000+ |
| Trade Volume Between India & UAE | $84.5 billion (2022-2023), $100 billion (by 2027) |
Also Read Latest Current Affairs 2024
WETEX 2024 is a major global exhibition held in Dubai, focusing on renewable energy, water treatment, and environmental technologies.
India has a strong presence with 29 leading companies showcasing green technologies and sustainable projects.
India’s participation in WETEX 2024 highlights the growing economic partnership between India and the UAE, boosted by the Comprehensive Economic Partnership Agreement (CEPA).
Trade between India and the UAE reached $84.5 billion from April 2022 to March 2023, and it is projected to hit $100 billion by 2027.
The UAE is one of the largest investors in India, with $18 billion invested across multiple sectors in 2023.
It features over 1,500 exhibitors from 50 countries, 16 international pavilions, and conferences discussing sustainability and environmental challenges.
The SDGs at WETEX focus on areas such as clean energy, water conservation, and environmental protection.