India-Qatar Trade
1. Overview
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Bilateral Trade Volume (2024–25): ~USD 14 billion
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Trade Partners: Qatar is a key partner in the Gulf Cooperation Council (GCC), and India is one of Qatar’s major trading partners.
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Trade Growth: Significant growth over the past decade due to energy, LNG imports, and diversification of sectors.
2. Key Sectors of Trade
Exports from India to Qatar
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Machinery and mechanical appliances – industrial equipment and parts
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Textiles and garments – apparel, fabrics
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Pharmaceuticals – generic medicines and healthcare products
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Food products and agricultural items – rice, spices, processed foods
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Chemicals and chemicals-based products
Imports to India from Qatar
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Liquefied Natural Gas (LNG) – India’s energy security depends heavily on Qatari LNG
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Crude petroleum and refined petroleum products
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Aluminium and other metals
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Fertilizers – ammonia, urea
3. Investment and Economic Cooperation
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FDI & Joint Ventures: Indian companies invest in Qatar’s energy, infrastructure, and IT sectors; Qatari firms invest in Indian real estate, energy, and finance.
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Free Zones & Business Opportunities:
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Qatar Free Zones Authority (QFZA)
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Qatar Financial Centre (QFC)
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India-Qatar CEPA/FTA: Ongoing discussions on Comprehensive Economic Partnership Agreement (CEPA) to enhance trade, reduce tariffs, and expand market access.
4. Strategic and Regional Significance
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Energy Security: Qatar is a major supplier of LNG, crucial for India’s energy diversification.
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Diaspora Engagement: Large Indian community contributes to bilateral business, professional networks, and cultural ties.
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GCC Relations: Qatar partnership strengthens India’s Gulf diplomacy, trade connectivity, and geopolitical influence in West Asia.
5. Key Recent Developments
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Upgrading of Joint Working Group to Joint Commission (2025): Co-chaired by Commerce Ministers of India & Qatar to oversee trade, FDI, and sectoral cooperation.
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Business Delegation Engagement: Indian businesses actively engaging with Qatari entities to enhance public-private partnerships.
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Proposed FTA/CEPA: Expected to expand bilateral trade and economic integration.
6. Key Takeaways for UPSC
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India-Qatar trade is energy-centric but increasingly diversified.
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The relationship strengthens economic diplomacy, Atmanirbhar Bharat objectives, and strategic energy security.
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CEPA/FTA and business council initiatives institutionalize trade cooperation and enhance GCC partnerships.
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