Dubai PR Network, Online Press Release from Dubai and Middle East
 
Trade & Commercial(Others)
Filter PR by
  
Dubai Chamber concludes high-level trade mission to India
 
Dubai Chamber concludes high-level trade mission to India
  • Delegation of UAE businessmen visit Mumbai, Ahmedabad as part of Global Business Forum roadshow
  • Chamber reveals plans to open representative office in India later this year
  • H.E. Al Ghurair: 29% of new companies registered with Dubai Chamber in 2016 were Indian; total number of Indian members has exceeded 36,000
  • H.E. Buamim: UAE and India have historic ties that have strengthened in recent decades with the increase of bilateral trade and investment

Dubai, UAE, March 20, 2017:  The Dubai Chamber of Commerce and Industry recently concluded a successful trade mission to India which was organised to facilitate economic cooperation and explore trade and investment opportunities in the country.

The trade mission, part of the Chamber’s Global Business Forum roadshow, was joined by dignitaries, officials and businessmen, who visited Mumbai and Ahmedabad, and met with key stakeholders from the cities’ public and private sectors.

During the visit, plans were revealed by the Chamber to open a new representative office in Mumbai later this year, with the aim of boosting bilateral trade and assisting UAE-based companies that want to enter the Indian market. The office will also work to promote Dubai as an attractive trade and investment hub, and attract Indian companies that plan to expand to Dubai and access markets in the GCC and Africa. 

High-level meetings and sessions were attended by H.E. Devendra Fadnavis, Chief Minister of Maharashtra, H.E. Vijay Rupani, Chief Minister of Gujarat, H.E. Ahmed Abdulrahman Al Banna, UAE Ambassador to India, Chamber officials, and representatives from India’s private sector.

H.E. Fadnavis lauded Dubai Chamber’s efforts to strengthen trade relations with India over the years, noting that Dubai is an ideal partner as the emirate shares historic trade and cultural ties with India.

Addressing delegates in Mumbai, H.E. Majid Saif Al Ghurair, Chairman, Dubai Chamber, highlighted the importance of the roadshow as it provided an ideal platform for UAE companies to learn about India’s business environment, while it also enabled the Chamber to showcase the various advantages that the emirate can offer Indian businesses.

H.E. Al Ghurair revealed that the number of Indian companies registered with the Dubai Chamber now exceeds 36,000. He added that Indian companies accounted for 29% of all new members in 2016, and noted the important contribution of Indian businesses to the emirate’s economy. 

Dubai Chamber’s Chairman stated that the trade mission to India helped build on progress that was achieved following the recent visit of H.H. Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces to India. During the visit, 14 strategic agreements were signed between the two countries that aim to boost cooperation in a wide range of sectors and areas.

Speaking during a meeting with H.E. Rupani, H.E. Hamad Buamim, President and CEO, Dubai Chamber, explained that the visit falls in line with the Chamber’s strategy to explore promising markets and identify opportunities that offer the most potential to its members. He pointed out that India remains Dubai’s second largest trading partner in 2016 with AED 94 billion in non-oil bilateral trade, adding that the agriculture, pharmaceuticals and textile industries accounted for a large share of this volume.

Dubai Chamber’s President and CEO described the move to open an office in Mumbai as a step in the right direction, and stated that it would help facilitate investment flows between the UAE and India in a number of sectors. 

Posted by : Dubai PR Network Editorial Team
Viewed 12938 times
PR Category : Others
Posted on : Monday, March 20, 2017  10:17:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Growth in Dubai's Five Year Trade Volumes Underlines Emirate...
Next Story : Dubai Trade Shortlists Nominees for 9th E-Services Excellenc...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
New Must-Have Beauty Products from GOSH this October [21240-Views]
Four UAE Designers Take Home LG Signage Design Award [12688-Views]
Huawei unveils the long-awaited HUAWEI Mate 10 and HUAWEI Mate 10 Pro [11535-Views]
LPG Endermologie Offers A Chronobiological Slimming Gel [11169-Views]
Level Shoes Hosts Christian Louboutin for “Dear India” [8705-Views]
ICONIC Youth Fashion Show Experience [8028-Views]
Glamazle.com introduces Super Matte ‘Glambry' lip tints for the perfect pout [7930-Views]
Diamonds Are Everyone's Best Friend! VOD Dubai International Jewellery Show 2017 Makes Its... [7357-Views]
The Graham Chronofighter Vintage GMT is the tough guys' ticket to time travel [7204-Views]
SCTDA ‘My Destination' Program Kicked Off with SUC Students [6930-Views]
The Rado True Shadow - Limited edition timepiece co-created with Japanese designer Kunihik... [6527-Views]
The Lacoste 12.12 Kids Collection [6509-Views]
Beauty Night Is Back at Sheraton Dubai Creek [6460-Views]
Reinventing Raymond Weil's Emblematic Chronograph - The Refined Swiss Watchmaking Expertis... [6429-Views]
Moving on Up! Saudi Arabia to Underline Status as Regional Food Manufacturing Force at Gul... [6271-Views]
MICHAEL Michael Kors: Fall 2017 Sadie Large Leather Satchel [6216-Views]
PUMA X Photographer Gunner Stahl For Autumn/Winter 2017 [6167-Views]
Dubai Chamber concludes high-level trade mission to Malta [5923-Views]
GUESS Launches Stunning Array of Collections for Fall17 [5905-Views]
Coffee at the touch of a button with ‘Quespresso' [5826-Views]
Introducing FitFuse by COÉGA Sunwear [5624-Views]
Ali & Sons Audi unveils all new Q5 and SQ5 in Abu Dhabi and Al Ain [5545-Views]
Regional Storytelling Takes Centre Stage at DIFF With Muhr Feature Category [5484-Views]
Humaid Mohammed Al Qatami, Director General, Dubai Health Authority Officially Opens Visio... [5380-Views]
Renault KOLEOS achieves five-star Euro NCAP rating [5368-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories