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 13505 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
Time for Some AIGNER Love [15665-Views]
Reverse the effects of hair fall with Crescina Re-Growth HFSC Shampoo [15549-Views]
RUNWAY DUBAI creates a new buzz campaign for fashion tourism [14652-Views]
Achieve whiter teeth at home with Spotlight Teeth White Strips [14530-Views]
Noble™ Anti-aging Skin Care Products [13896-Views]
Skyline Conducted Women of Substance: A Panel Discussion on Women Empowerment [13084-Views]
Golden Bridge Rectangle Diamonds Celebrates The Virtuosity Of Art Deco Design Genius [13078-Views]
UAE National Day celebrated in Skyline Carnival 2017 [13042-Views]
SUC signed MOU with Waldorf Astoria Ras Al Khaimah [12920-Views]
SUC conducted Tour Guide Training Program for SCTDA [12615-Views]
Calvin Klein Presents Steadfast Collection [11346-Views]
Gift gorgeous skin this festive season. [10913-Views]
Mido's Multifort Escape - An uncompromising timepiece for exploring new horizons [10254-Views]
Mohammed bin Rashid Launches UAE Astronaut Programme [10254-Views]
NIVEA MEN and Real Madrid Extend Partnership Globally Covering 70+ Countries [10083-Views]
Sthan, bringing you authentic Frontier food from beyond borders, is now open in Dubai [10059-Views]
Absolutely Rejuvenated Skin to Start the New Year [9534-Views]
Coach Women's Lex Stainless Steel Bracelet Watch Collection [9071-Views]
BOSS watches presents Navigator Collection [9028-Views]
‘Artistry' - Branded Jewellery show at Malabar Gold & Diamonds' outlet in Meena Bazar, Bur... [8662-Views]
Celebrate the Festive Season With the Galleria on Al Maryah Island in Abu Dhabi [7924-Views]
Together for Egyptian Cinema: A Million happy viewers [7649-Views]
Feast your way into the festive season at The Coffee Club [7405-Views]
Bovet Presents Brilliant Is Beautiful Gala Benefitting Artists for Peace and Justice's Gl... [7082-Views]
Glamazle.com names a Lipstick after Yardstick Marketing as a testimonial to the services o... [7009-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories