Dubai PR Network, Online Press Release from Dubai and Middle East
 
Government Sector(Government, Legal & Humanity)
Filter PR by
  
The India-UAE Bridge Recognized as a Step Into the Future
 

DP World Promotes Bilateral Trade and Investment Using Its Assets as a Springboard

Dubai, United Arab Emirates -  17 July  2019:   The trade and investment flow between India and the United Arab Emirates (UAE) are poised to expand rapidly with the launch of a major initiative by DP World, UAE Region. 

This consensus emerged on 16 July at a trade and investment seminar led by DP World, UAE Region and jointly organised with the Confederation of Indian Industries (CII) in Chandigarh. 

At the seminar, DP World, UAE Region executives highlighted the synergies that exist in their portfolio across India and UAE, and the integrated solutions ranging from port-centric logistics, inland logistics, freight and transport. The overarching aim is to enhance trade flows with optimised supply chain solutions.  

The recent launch of the India-UAE Bridge initiative is set to attract both Indian and UAE trade and investments as DP World offers technology-driven end-to-end (e2e) smarter trade solutions to Indian trade fraternity. DP World remains committed to India’s vision of ‘Make in India’, and Dubai’s ambition to remain the regions #1 trade hub and India’s gateway to global markets.

The e2e solutions delivered under the India-UAE Bridge will support investors through value propositions by leveraging assets and capabilities in both countries. This aims to enhance access to larger consumer markets through Jebel Ali’s network connectivity being 150 direct ports of call, more than 80 weekly services and a global portfolio of over 150 operations in over 40 countries across six continents. 

As part of the initiative, DP World UAE Region launched the Indian Traders’ Incubation Center at JAFZA One. Herein, the business will not only benefit from Jebel Ali’s integrated trade ecosystem but will be able to expand its access to new markets across the Middle East and beyond.

Mohammed Al Muallem, CEO and Managing Director, DP World, UAE Region and CEO of Jafza, said: 

“India and the UAE have enjoyed long and enduring cordial business and trade relations over the years making India one of our top three trading partners. Long-term investment flows in both directions and is the hallmark of trust we place in each other. We aim to work in partnership with stakeholders to create value and explore opportunities with Jebel Ali Port and Jafza acting as a springboard for investors in both countries. 

“At DP World, UAE Region, we facilitate trade with our global connections and local expertise by using state-of-the-art technology as the main driver of our success. Our solutions are customised and based on need and scale. We add value at key stages in the supply chain and help transport cargo around the world. We are positioned at every step of the supply chain to support our customers with whatever they need. We welcome Indian industries, businesses and investors to make Dubai their preferred hub of choice.” 

In 2018, DP World’s $3 billion joint investment fund with India’s National Investment and Infrastructure Fund (NIIF) was set to acquire assets and develop projects in sea and river ports, freight corridors, special economic zones, inland container terminals and logistics infrastructure such as cold storage. 

India is one of the UAE’s largest trade partners with bilateral trade amounting to over $60 billion and annual growth topping 11 per cent.  The expectation is to exceed $100 billion as Dubai stands as the key gateway facilitating India-UAE trade. 

The UAE is among the top 10 biggest investors in India in terms of FDI, according to India’s Ministry of External Affairs, with five key sectors leading the growth are construction development, power, air transport, hotels & tourism and the metallurgical sector.


Posted by : Dubai PR Network Editorial Team
Viewed 4465 times
PR Category : Government, Legal & Humanity
Posted on : Wednesday, July 17, 2019  10:26:00 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 : Automation Anywhere Expands into the Middle East with the Op...
Next Story : Dubai launches e-statistics system for better data to client...
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
Boss Bottled Infinite: Express Your Inner Self [24193-Views]
Chronoswiss adds beauty in blue to Sirius Chronograph Moon Phase collection [15140-Views]
Mouawad Announces New Partnership With the Miss Universe Organization [12450-Views]
Ncef-reverse Eyes – Filorga's New Ground Breaking Eye Care! [8918-Views]
A touch of elegance with Al Asel [8802-Views]
Roberto Cavalli's exclusive new duo of fragrances [8619-Views]
Ferrari 812 GTS: the V12 spider returns [8436-Views]
La Roche-posay Presents an Incomparable Skincare Experience With ‘My Skin Track UV;' the W... [8180-Views]
Tag Heuer Launches First Ever Emerald Green Dial Aquaracer (for Men & Women) in the UAE [7753-Views]
World's First Cartridge-Free Laser Printer Now Available in the UAE [7753-Views]
Tabreed demonstrates commitment to enhancing energy efficiency with ISO 50001 certificatio... [7302-Views]
Sony Middle East and Africa launches the new king of full frame mirrorless cameras – Alpha... [7131-Views]
A Journey of Belief: Caroline Leon goes the extra mile with DHL as she attempts to climb h... [7125-Views]
Corum Golden Bridge Round 39 for elegant lady [7046-Views]
The Ferrari F8 Spider: the evolution of the species [6594-Views]
Introducing Pestle & Mortar [6399-Views]
Introducing the Dyson V11TM Absolute cord-free vacuum [6368-Views]
Tissot Carson Automatic Urban vitality [6185-Views]
Energy Transition is Accelerating Across Countries Worldwide According to 2019 World Energ... [5917-Views]
Glamorous Gilda for elegant lady' [5838-Views]
Pan Emirates Home Furnishing welcomes Autumn with its new collection [5758-Views]
Trade Up Your Old Device For the Next Level Power Galaxy Note10 [5405-Views]
The art of knurling [5130-Views]
Breitling Announces Partnership With Etihad Airways [4990-Views]
Union Coop constructs two commercial centers in Al Badaa (Jumeirah) and Barsha 3 [4850-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories