UAE India Economic Forum to enhance discussions on business and investment opportunities in India

DUBAI, 12th November, 2015 (WAM) — The inaugural UAE India Economic Forum is set to open its doors to delegates from November 16th – 17th in Dubai, when it will play host to an elite gathering of senior dignitaries, government officials and business leaders, including a distinguished panels of speakers who will discuss strategies and solutions to investor challenges in India.

The UAE India Economic Forum will be inaugurated by India’s Minister of Finance, Arun Jaitley, who will also give the opening address.

Several leading corporations with strong business interests in the UAE and India have also endorsed the forum as sponsors. These include NMC Group, SBI Bank, IFFCO Group, Barjeel Geojit and Abu Dhabi Ports.

This two-day event will bring together over 200 delegates, consisting mainly of political and business leaders from the UAE and India. The forum will encourage debate and dialogue in several areas of opportunity such as in Energy, traditional and renewable, infrastructure, financial services and tourism, including medical and wellness tourism, in addition to prospects in the Indian Digital space.

Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports, stressed the importance of sustaining trade relations between the UAE and India by investing to ensure they remain successful. “Participating in this forum allows us to showcase the integrated service offerings provided by our Khalifa Industrial Zone, Kizad, and Khalifa Port, providing a platform to welcome Indian businesses to the zone. Our commitment lies in enabling maritime trade business as well as providing a hub for manufacturing and logistics industries. We are keen to support the aspirations of Indian industries to expand their reach through Khalifa Port to the world,” he said.

Dr. B. R Shetty, CEO and MD, NMC Group and UAE Exchange, said, “As India and the UAE deepen and strengthen their already strong bilateral economic, social and cultural ties, there are many new avenues for collaboration between the countries, including innovation in energy, education, healthcare, financial services and other service based industries. Our business across healthcare, financial services and food and beverage have a footprint across both the UAE and India. UAE Exchange, which carries the name of the UAE, is the single largest inward remitter responsible for ten percent of India’s inward remittances. We see a lot of synergies between our UAE and India businesses, and plan to make big investments in both countries in the months ahead.”