Dana Group, an established group of companies which have multi-faceted activities in the global steel, oil and retail industries, has announced its partnership with the 2nd Edition UAE – India Economic Forum as Associate Sponsor. The forum is a flagship event organized by UMS Conferences, creating the most definitive platform for major investors and government leaders from UAE and India to discuss policy frameworks and guidelines required to attract investments, sovereign wealth funds, large corporations, industries, focusing on critical sectors like infrastructure, tourism, renewable energy and banking.
Scheduled for October 19 – 20, 2016, in Dubai, UAE, the event has the support of the Ministry of Economy, UAE and a strategic partnership with the Consulate General of India in Dubai.
Dana Group was founded in 1991 by Dr. Birbal Singh Dana, who is on the Forbes List for Top Indian Leaders in the GCC and Richest Indians list by Arabianbusiness.com. Dana Group has now grown to over 1000 members and has branches, offices and manufacturing facilities in India, Qatar, Libya and is headquartered in UAE. Dana Group is a steel manufacturer, service and solution provider and also manufactures automotive lubricants and greases under Dana Lubricants Factory LLC. Apart from manufacturing, the group also has hospitals and hotels in India and retail spaces and hypermarkets in the UAE in name of Dana Mart Hypermarket LLC.
Dana Group Chairman, Dr. B.S. Dana just announced UAE based Dana Group’s latest project in India: A Four Star Hotel Project in Jaipur, Rajasthan, India. “This 100 crore Dana Hotel project will span across 10,000 square meters, with 200 luxury suites, and 4 ballrooms. The property location is very strategic and the view is splendid; Dana Hotel project is situated in Jagatpura, just near the New Jaipur International Airport. This project is Dana Group’s second investment project in India in the past year. Last year construction for Dana Shivam Hospital was completed and the hospital is now completely functional. Dana Shivam Hospital located in Vidhyadharnagar, Jaipur, India boasts of top qualified team of doctors and nurses to help run the 200 bedded Dana Shivam Heart and Superspeciality Hospital in Jaipur. Dana Shivam Hospital often conducts training for health workers and plans camps for Blood Donation, free Eye-checkups and various other preventive care and awareness programs. Though this is just a small gesture, but I feel that this is an opportunity to give back to the Indian society that I hail from. I have been in the Middle East and particularly in the UAE for the last 27 years and even though I have a good presence in the UAE, I have always felt a desire to have a strong foothold in my mother country: India”.
Focusing on the out comings of the enduring partnership between UAE and India, the second edition of the UAE India Economic Forum is a step towards realizing the goal of $ 100 billion as the bilateral trade value between these countries by 2020, which has been forecasted as the potential that exists and can be achieved.
The past edition of the event saw tremendous support from both the countries, bringing major investors and government leaders from both the countries under one platform. The 2015 event was inaugurated by Hon. Shri Arun Jaitley, Finance Minister of India, along with the presence of more than three hundred delegates from the C suite as well as Ministry and Government Officials, Presidents and business owners from UAE and India.