The Economic Times

Sharjah eyes $3 billion Indian investment as ports shift amid Hormuz disruption

Sharjah is anticipating significant investment from India, targeting $3 billion between 2026 and 2027. The expansion of Khorfakkan port is crucial for attracting Indian manufacturers and logistics companies. With the current disruptions in shipping routes, Sharjah presents a strategic location for trade. The Khorfakkan port is also set to increase its container handling capacity significantly. Indian companies are showing heightened interest in Sharjah as a business gateway to the region.