Latest news with #SCMMiddleEastConclave
Time of India
26-04-2025
- Business
- Time of India
Former president Kovind calls IMEC bridge between civilisations
Former president Ram Nath Kovind has called the India Middle East Europe Economic Corridor ( IMEC ) not just a trade route, but a bridge between civilisations. Addressing the SCM Middle East Conclave and Awards 2025 in Dubai, Kovind said as the world becomes increasingly interconnected, partnerships like these not only foster economic growth but also unite us in purpose and progress. #Pahalgam Terrorist Attack India stares at a 'water bomb' threat as it freezes Indus Treaty India readies short, mid & long-term Indus River plans Shehbaz Sharif calls India's stand "worn-out narrative" "India, once seen as a developing nation, now stands tall as a global growth engine - leading in technology, diplomacy, and innovation. Let us shape our destinies together, driven by the spirit of Vasudhaiva Kutumbakam - the world is one family," he said. Hosted by Logistics Shakti, the event convened over 400 industry leaders, including top CEOs, CXOs, investors, and policymakers from India, the UAE, and across the IME Corridor. GIF89a����!�,D; 5 5 Next Stay Playback speed 1x Normal Back 0.25x 0.5x 1x Normal 1.5x 2x 5 5 / Skip Ads by by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Fan ayek guma' siha gi hilo' i lina'la gi te'la' hao pa'go Guma' para låhi | Anunsiyo siha gi lalålo' i lina'la Learn More Notably, shipments from India to mainland Europe via the IMEC are projected to arrive nearly 40 per cent faster and at 30 per cent lower cost compared to the traditional Suez Canal maritime route, underscoring the corridor's transformative impact on global trade efficiency . The two-day conclave featured keynote addresses from eminent dignitaries, who shared insights on the challenges and opportunities facing global supply chains, while underscoring the importance of collaboration and innovation in building resilient, sustainable trade ecosystems. Live Events Highlighting the UAE's commitment to leveraging technology to drive efficiency and sustainability in global trade, Abdullah Ahmed Al Saleh, under-secretary of the Ministry of Economy, said the UAE stands at the nexus of a global economic transformation, where technology, innovation, and strategic partnerships are redefining the future of trade. "Our record-breaking non-oil foreign trade of USD 815 billion in 2024 reflects not just economic resilience, but our commitment to tech-enabled, inclusive growth. Through the Trade Tech Accelerator, CEPA, and the transformative India-Middle East-Europe Corridor, we are building faster, greener, and more agile supply chains." "Our vision is powered by AI, blockchain, and automation to enhance transparency, efficiency, and sustainability across trade routes. Together with India, we are shaping a smarter, more sustainable trade ecosystem that delivers long-term prosperity for our nations and the region," he said. Meenakshi Lekhi, former minister of state for external affairs, said the IMEC corridor is not a challenge to existing routes like the Suez Canal, but an essential alternative, like a fire escape that ensures continuity when conventional paths falter. "From India to the UAE, Saudi Arabia, and beyond, this multimodal network integrates land, sea, and rail, offering faster, more cost-efficient, and secure connectivity. The corridor exemplifies strategic cooperation and resilience, highlighting that economic prosperity is inseparable from regional security," she said. The SCM Middle East Conclave and Awards 2025 successfully reinforced the region's role as a key global trade hub, setting the stage for enhanced collaboration, innovation, and sustainable growth in the logistics and supply chain sectors.
Khaleej Times
18-04-2025
- Business
- Khaleej Times
SCM Middle East Conclave in Dubai to spotlight on India-Middle East-Europe corridor
As the proposed India-Middle East-Europe Economic Corridor (IMEC) promises to transform the global supply chain ecosystem, Logistics Shakti, an Indian think tank dedicated to advancing global logistics and supply chains, is set to host the SCM Middle East Conclave & Awards 2025 in Dubai on April 23-24, 2025 focusing on the new trade route. The conclave, bringing together more than 300 top professionals from various verticals of the logistics industry from across India, the Middle East, North Africa, and Europe, will spotlight IMEC, examining its transformative role in reshaping global trade routes, optimising logistics networks, and strengthening economic ties. The mega event at the Grand Hyatt, Dubai will have the august presence of Ram Nath Kovind, former president of India, as the chief guest, and Abdullah Ahmed Al Saleh, undersecretary of the Ministry of Economy UAE as the guest of honour. The participants and speakers of the programme include top CEOs, CXOs, investors, and policymakers from India, the UAE, and across the IME Corridor. Serving as a catalyst for innovation and collaboration and reinforcing the Middle East's role as a key global trade hub, SCM Middle East Conclave will feature key sessions such as "Pioneering Connectivity: Unlocking the Potential of the IME Corridor," "Building Sustainable, Resilient and Profitable Supply Chains," and "Bharat Mart: Unlocking Global Markets and Strengthening India-UAE Synergies." The event will feature prominent industry stalwarts including Ramesh S Ramakrishnan, chairman of Transworld Group, and Siddharth Balachandran, CEO of Buimerc Corporation and chairman of IBPC Dubai, will set the tone for the conclave, offering strategic perspectives on regional growth, trade integration, and cross-border collaboration. They will be joined by a stellar lineup of thought leaders such as Abhishek Bansal, Co-Founder and CEO of Shadowfax; Dr Raman Kumar, managing director of Al-Futtaim Logistics; Suresh Vaidhyanathan, CEO of Ghassan Aboud Group; Samrat Sehgal, global supply chain head at Dabur; and Ramesh Mamidala, head of cargo at Tata Air India, who will share deep insights on building agile, resilient, and connected supply chain ecosystems. Kamal Narayan Omer, co-founder and director of Logistics Shakti, shared valuable insights on the significance of the event, stating: "The SCM MIDDLE EAST Conclave and Awards 2025 is more than just a platform, it is a movement towards a more connected, efficient, and resilient global supply chain. Aligned with the spirit of G20 hosted in India which brought global leaders together to advance sustainable and resilient economic frameworks, this event will drive meaningful conversations, recognize industry excellence, and foster collaborations that redefine logistics and trade. As we explore the transformative potential of the IME Corridor, we look forward to engaging with leaders who are shaping the future of global commerce." In the same vein, Amit Shankhdhar, co-founder and director of Logistic Shakti stated: "This event serves as a crucial platform for industry leaders to collaborate, innovate, and drive the future of global supply chains. With a strong focus on the IME Corridor, we aim to explore its potential in redefining trade routes and enhancing connectivity. The discussions, insights, and recognitions at this forum will play a vital role in shaping a more efficient, resilient, and sustainable logistics ecosystem worldwide." The SCM Awards are a prestigious recognition of excellence in logistics and supply chain management, celebrating innovations that enhance industry standards and efficiency. The awards ceremony will spotlight organisations and professionals who exemplify leadership, performance, and creativity in supply chain operations. The event will also celebrate recognition and excellence, honoring organisations and individuals who demonstrate outstanding performance, innovation, and leadership in supply chain management. These awards will showcase groundbreaking achievements that set new industry benchmarks.
