GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share
  • 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 : GoDubai Editorial Team
Viewed 13493 times
Posted on : Monday, March 20, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Growth in Dubai's Five Year Trade Volumes Underlines Emirates' Economic Resilience
Next Story : Dubai Trade Shortlists Nominees for 9th E-Services Excellence Award
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Time for Some AIGNER Love
Reverse the effects of hair fall with Crescina Re-Growth HFSC Shampoo
RUNWAY DUBAI creates a new buzz campaign for fashion tourism
Achieve whiter teeth at home with Spotlight Teeth White Strips
Noble™ Anti-aging Skin Care Products
Skyline Conducted Women of Substance: A Panel Discussion on Women Empowerment
Golden Bridge Rectangle Diamonds Celebrates The Virtuosity Of Art Deco Design Genius
UAE National Day celebrated in Skyline Carnival 2017
SUC signed MOU with Waldorf Astoria Ras Al Khaimah
SUC conducted Tour Guide Training Program for SCTDA
Calvin Klein Presents Steadfast Collection
Gift gorgeous skin this festive season.
Mido's Multifort Escape - An uncompromising timepiece for exploring new horizons
Mohammed bin Rashid Launches UAE Astronaut Programme
NIVEA MEN and Real Madrid Extend Partnership Globally Covering 70+ Countries
Sthan, bringing you authentic Frontier food from beyond borders, is now open in Dubai
Absolutely Rejuvenated Skin to Start the New Year
Coach Women's Lex Stainless Steel Bracelet Watch Collection
BOSS watches presents Navigator Collection
‘Artistry' - Branded Jewellery show at Malabar Gold & Diamonds' outlet in Meena ...
Celebrate the Festive Season With the Galleria on Al Maryah Island in Abu Dhabi
Together for Egyptian Cinema: A Million happy viewers
Feast your way into the festive season at The Coffee Club
Bovet Presents Brilliant Is Beautiful Gala Benefitting Artists for Peace and Ju...
Glamazle.com names a Lipstick after Yardstick Marketing as a testimonial to the ...
Step into 2018 with skinade & slow down the signs of ageing
Svelte BU4108-11H dress watch in black and rose gold plating makes an impact
Lg V30+ Launches in the Uae and Makes Its Way Into Customers' Pockets and Lives
The First “Dilmah Silver Jubilee Gourmet” in a Middle East Hotel Opens in Pullma...
Hottest Smartphone ever! Go get a true luxury phone from HUAWEI
Over 200 developers across India participate in CREDAI's Indian Property Show
With the Increasing Trend of Grooming Among Men, Kaya Skin Clinic Launches an Ex...
Unilever's Lipton Jebel Ali Tea Factory First in MENA to Achieve Bronze World Cl...
Win 3000 Dollars with Splash
Ghantoot present 17th Emirates Open Polo Championship International
Epson to showcases the future of large laser display technology at InfoComm MEA 2017
SUC Conducted the 10th CEO Lecture Series
Switzerland wins a Good Design Award for the first chronograph-watch in history
Automechanika Riyadh turns focus on exciting growth potential of Saudi automotiv...
DIFF Welcomes Robert Bosch Stiftung to the Festival's 14th Edition
Al Tayer Motors Celebrates 100 Years of Ford Pick-up Trucks
The Verses of Peace Exhibition begins at the Abu Dhabi World Trade Centre
Registration Opens for the Fazza Championships for Falconry 2018
Dubai-based teen star Polina Butorina releases her debut album ‘Ocean of Emotions'
SOUQ launches “Amazon Global Store” bringing over a million global products to t...
Saxo Bank 2018 Outrageous Predictions: 2018 will be a true roller coaster ride c...
Green Hope on Former US Vice President Al Gore's 24 Hours of Climate Reality telecast
The du Youth Council Holds a Volunteering Day at Al Ain Zoo with People of Deter...
Huawei's ultimate gift guide for the 2017 Holiday Season
Indian realty in revival mode, says industry expert