Dubai PR Network, Online Press Release from Dubai and Middle East
 
Money, Business & Investments(Banking & Investments)
Filter PR by
  
New IBPC Board Announces Plans to Help Boost India-UAE Strategic Relations
 
New IBPC Board Announces Plans to Help Boost India-UAE Strategic Relations

IBPC announces line-up of year-long events and plans to offer strategic advisory to investors and stakeholders to help strengthen bilateral relations between India and the UAE as new Board takes charge following unanimous election of the Office Bearers

  • IBPC will increase the number of events to promote India-UAE relations in the UAE
  • As UAE-India relations reach a strategic level, following Indian Prime Minister Narendra Modi’s historic visit to the UAE in 2015 and the historic visit by His Highness Sheikh Mohammed Bin Zayed Al Nahyan, Deputy Supreme Commander of the UAE Armed Forces and Crown Prince of Abu Dhabi to India as the Chief Guest on India’s Republic Day in 2017
  • The UAE is investing Dh275 billion (US$75 billion) into Indian economy that will help the country to accelerate its economic growth
  • Indian business & professional community created a history by electing a woman President and a woman Secretary-General

Dubai, April 11, 2017

In view of the growing strategic and strong bilateral relations between India and the UAE, the Indian Business and Professional Council (IBPC) – the largest business group in the UAE – announces a strong line-up of events for 2017-18 that will help strengthen two-way investment and trade between India and the UAE as the newly-elected Administrative Board takes office.

On March 25, the members of the IBPC had elected a new Administrative Board who then unanimously elected the Office Bearers with Ms Bindu Suresh Chettur becoming the first woman President and Ms Smita Prabhakar as the first woman Secretary General, Mr Hemant Jethwani as the Vice President and Mr. Janak Panjuani as the Treasurer to lead the organization. 

Others elected to the nine-member Administrative board include;

Mr. G.R. Mehta
Mr. James Mathew
Mr. Kulwant Singh
Ms. Monika Agarwal
Mr. Nimish Makvana

“We have been elected to lead the IBPC at a very significant juncture of the bilateral relations between India and the UAE when both the countries are becoming strategic development partners in their journey,” Bindu Suresh Chettur, President of IBPC, says. “Accordingly, the role of the IBPC will also have to be re-defined to help strengthen the strategic direction. In the next few months, we will be undertaking a number of new initiatives to elevate IBPC to a new role to support the new environment of stronger economic cooperation.

“There are lots of investors in the GCC who are looking at the new economic opportunities in India – but do not know how to approach and who to talk to. Now IBPC will play a role to help these investors to find the right partner and look at the right industry to achieve a faster and higher return on investment.”

The IBPC election comes two months after the UAE signed a series of agreements in New Delhi during the historic visit by His Highness Sheikh Mohammed Bin Zayed Al Nahyan, Deputy Supreme Commander of the UAE Armed Forces and Crown Prince of Abu Dhabi to India as the Chief Guest on India’s Republic Day.

At the height, bilateral trade between India and the UAE reached $75 billion in 2013-14. The two countries signed 14 agreements in January this year that have cemented the bilateral relations.

“The UAE’s US$75 billion in 2015 is the single largest investment announcement in India’s history and that speaks a lot about the nature of the bilateral relationship between the two countries,” Smita Prabhakar, Secretary-General of the IBPC says. “In January, the UAE signed up to build a strategic energy reserve in India that will help boost India’s energy security and help power the growth of Indian economy and help power new industries and urban centres as the country plans to deliver 100 smart cities.

“Indian economy is on a roll and for that it needs strategic partners. As the UAE stands by to support India’s growth, it becomes crucial for all of us to help rally the private sector investors to identify the best investment opportunities and benefit from the India growth story.”

About IBPC
Indian Business and Professional Council (IBPC), Dubai is the only recognised representative organisation of Indian Business community and Professionals in Dubai under the auspices of Dubai Chamber of Commerce & Industry.

Posted by : Dubai PR Network Editorial Team
Viewed 6826 times
PR Category : Banking & Investments
Posted on : Tuesday, April 11, 2017  3:55:00 PM 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 : Dry Powder Hits New Record High As Private Equity Continues ...
Next Story : World Retail Congress Celebrates the Global Leaders of Retai...
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
SOUQ.com to Launch Half a Million Deals for White Friday 2017 [20167-Views]
Give the Gift of Beautiful Hair with SHOW Beauty [16671-Views]
PLAY FOR PEACE, Spread Good Vibes this Christmas [16622-Views]
Roja Parfums ELYSIUM - Now available at Paris Gallery in UAE [16244-Views]
Runway Dubai Wrapped up an inspiring star studded event with iconic designer, Walid Atalla... [14695-Views]
FOREO: Futuristic Gifting Ideas [13420-Views]
Six pairs of Emirati siblings marched together at Skyline's 27th Graduation Ceremony [13396-Views]
Infinix Launches Zero 5 in Dubai in Partnership with Souq.com [10943-Views]
Santa Claus is coming to town on a festive Graham Chronofighter Vintage Nose Art Ltd [10303-Views]
Stylish automatics from CITIZEN made for the special occasion [9955-Views]
Alpha Assured Assistance (AAA) Loyalty Program to ramp up loyalty landscape in the UAE [8186-Views]
Tub Of Butter Celebrates First Birthday with 1 Dhs Coffee [8156-Views]
SOUQ ramps up operations ahead of White Friday Sale [8150-Views]
SAINT HONORE Celebrates the UAE's 46th National Day with a Limited Edition Haussman Quartz [7845-Views]
Experience the best of Korean beauty with Missha [7710-Views]
Make Room for Play and Celebration With IKEA During Dubai Design Week [7454-Views]
Dubai RAK Diabetes Center launches Dhs 1 Diabetes screening for residents [6862-Views]
50 Years of Puma Suede: PUMA Brings It for the Culture With the B-boy Pack [6399-Views]
Dubai Shines as Global Industry Descends on Vod Dubai International Jewellery Show [5813-Views]
Godiva Arabia opens its 17th branch in the UAE [5606-Views]
Premium Beverages Maker Hielo Beverages India Forays into Dubai(UAE) [5594-Views]
H.H. Sheikh Hamdan bin Zayed Al Nahyan Tours the Barakah Nuclear Energy Plant [5228-Views]
Chattels & More returns to Downtown Design showcasing limited edition pieces while KARE ma... [5191-Views]
Dubai Sports Council Championship for Football Academies set for a “bigger and better” sea... [5142-Views]
Toyota goes Xtreme with Land Cruiser, FJ Cruiser and Fortuner [5142-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories