Dubai plans to woo Indian investors
Dubai, September 11:
Dubai will conduct a series of road shows in five Indian cities from tomorrow to highlight its economic advantages for the business community. The Dubai Business Road Shows are being conducted in Delhi, Mumbai, Chennai, Hyderabad and Bangalore under the umbrella of the Dubai Department of Tourism and Commerce Marketing (DTCM). Khalifa Ali Buamaim, DTCM manager, Overseas Promotions, said, “Dubai’s progressive and liberal business environment will be highlighted during the road shows. We are confident that Indian business community and investors will be able to gain meaningful insights into the strengths and advantages of Dubai and how it can benefit them.”
Over 2,500 companies have been invited across five cities, including CEOs of multinational organisations. The first road show will be held in Delhi tomorrow, followed by Chennai on Tuesday, Hyderabad on September 14 and Bangalore on September 15. The final road show will be held on September 16 in Mumbai, which houses the DTCM’s representative office for India. The co-participants of the road shows are Dubai Airport Free Zone Authority, Dubai Silicon Oasis, Dubai Chamber of Commerce and Industry, Dubai Outsource Zone, Emirates Airline, and Jebel Ali Free Zone Authority.
The DTCM will sign a MoU with the Confederation of Indian Industry in a bid to strengthen commercial ties between the two countries. The pact will allow the organisations to work towards stepping up bilateral economic and industrial initiatives in potential areas. They will focus on manufacturing, trade and investment in key firms like IT, business process outsourcing, precious metals, pharma, aviation, food pr-ocessing, consumer durables and FMCG.