List of Outcomes: Prime Minister’s Visit to the UAE

**Executive Summary** This report details the strategic outcomes of the Prime Minister’s visit to the UAE as of May 15, 2026. The visit resulted in several Memoranda of Understanding (MoUs) and agreements focused on energy security, defense, maritime infrastructure, technology, and large-scale financial investments. Key highlights include the expansion of India's strategic petroleum reserves and the commitment of over US$ 5 billion in UAE investments into the Indian economy. **Key Points / Main Content** * **Energy and Strategic Reserves** * MoU between ISPRL and ADNOC for potential storage of up to 30 million barrels of crude oil in India (Vishakhapatnam and Chandikol). * Exploration of crude oil storage in Fujairah, UAE, to contribute to India’s strategic petroleum reserves. * Strategic collaboration between IOCL and ADNOC for long-term supply and sale/purchase agreements for Liquified Petroleum Gas (LPG). * **Defense and Security** * Establishment of a Strategic Defence Partnership framework covering industrial collaboration, innovation, maritime security, cyber defense, and secure communications. * Focus on interoperability, training, and information exchange between defense entities. * **Maritime Infrastructure and Skill Development** * Agreement between Cochin Shipyard Limited (CSL) and Drydocks World (DDW) to establish a Ship Repair Cluster at Vadinar, including offshore fabrication. * Tripartite MoU between CSL, DDW, and CEMS to mobilize and train a skilled maritime workforce, aiming to position India as a global shipbuilding and repair hub. * **Technology and Artificial Intelligence** * Term sheet signed between CDAC (India) and G-42 (UAE) to establish an 8 Exaflop Super Computing Cluster. * The project is designated as part of the AI Mission India initiative. * **Investment Announcements** * ADIA and NIIF to explore infrastructure investments in India totaling up to US$ 1 billion. * Emirates NBD to invest US$ 3 billion in RBL Bank of India. * International Holding Company to invest US$ 1 billion in Sammaan Capital of India. **Impact Analysis** **Stakeholder: Energy Agencies (ISPRL, IOCL, and ADNOC)** **Impact:** These entities are central to enhancing India's energy security through expanded storage capacity and stabilized LPG supply chains. **Action Required:** Entities must finalize the technical and commercial terms for storage facilities and execute long-term LPG supply agreements. **Stakeholder: Defense and Security Establishments** **Impact:** Formalization of a framework that enhances technological capabilities, maritime security, and cyber defense through international cooperation. **Action Required:** Establish protocols for information exchange, joint training exercises, and collaborative research in advanced technology. **Stakeholder: Maritime and Shipbuilding Sector (CSL, DDW, CEMS)** **Impact:** Growth in domestic ship repair infrastructure and the development of a specialized workforce under the Maritime Development Fund Scheme. **Action Required:** Commencing the setup of the Vadinar cluster and initiating recruitment and training programs for maritime professionals. **Stakeholder: Technology and AI Sector (CDAC and G-42)** **Impact:** Significant boost to India's computing power and AI capabilities through the supercomputing cluster. **Action Required:** Implementation of the term sheet provisions to develop the 8 Exaflop computing infrastructure. **Stakeholder: Financial Institutions and Infrastructure Funds (ADIA, NIIF, RBL Bank, Sammaan Capital)** **Impact:** Receipt of substantial foreign direct investment (US$ 5 billion total) to bolster infrastructure and the banking sector. **Action Required:** Manage the inflow of capital and align investments with specific infrastructure and corporate growth targets.

Key Entities Referenced