Latest news with #Sharjah–IndiaBusinessForum
Mid East Info
2 days ago
- Business
- Mid East Info
Sharjah Chamber wraps up trade mission to India, strengthens industrial cooperation at private sector level
The Sharjah Chamber of Commerce and Industry SCCI, represented by the Sharjah Exports Development Centre (SEDC), concluded its trade mission to India, with a series of business meetings and discussions involving key officials from economic entities in Ahmedabad, Gujarat. These meetings took place on the sidelines of the Business Forum organized by the Sharjah Chamber in Ahmedabad, the second stop of the mission. The forum explored key opportunities for both sides to strengthen economic partnerships and deepen industrial and investment collaboration between Emirati and Indian private sector stakeholders. The forum was attended by H.E. Abdallah Sultan Al Owais, Chairman of SCCI; H.E. Waleed AbdelRahman BuKhatir, Second Vice Chairman of SCCI; and H.E. Jamal Mohamed Sultan Binhuwaidin, SCCI Board Member. Also present were Abdul Aziz Al Shamsi, Assistant Director-General for Communication and Business Sector at SCCI; Ali Abdullah Al Jari, Director of the Sharjah Export Development Centre; and Jamal Saeed Bouzanjal, Director of Corporate Communication at SCCI; along with several Chamber staff. The forum also saw participation of business leaders, entrepreneurs and private sector representatives from both Sharjah and Ahmedabad, which is recognized as a major industrial hub in India. The forum's agenda included focused B2B meetings and detailed presentations highlighting key investment opportunities across diverse economic sectors in both Sharjah and Ahmedabad. Special emphasis was placed on Sharjah's business-friendly environment, including its world-class infrastructure and investor incentives. The Sharjah Chamber showcased its suite of support services aimed at enabling entrepreneurs to scale their operations and expand their global market reach. In his keynote speech, H.E. Abdallah Sultan Al Owais said that the Sharjah–India Business Forum in Ahmedabad is part of ongoing efforts to strengthen the rapidly growing economic and trade relations between the two countries. He noted that India's exports to the UAE totaled around USD 37.1 billion in 2024. India also ranked as the top destination for the UAE's non-oil exports, accounting for 13.5% of total exports and recording a record growth of 75.2% compared to 2023. 'Through this mission, we aim to convert this positive momentum into fruitful partnerships between the business communities of the UAE and India in general, and between Sharjah and Ahmedabad in particular, thereby enhancing economic and investment collaboration to support joint growth,' Al Owais added. He highlighted Sharjah's position as a premier investment destination for Indian enterprises, with more than 20,000 Indian companies now headquartered in the emirate, demonstrating increasing investor confidence in Sharjah's business climate. He further underlined the strategic significance of Ahmedabad as one of India's most vibrant industrial and economic powerhouses, noting that its business and industrial stakeholders stand to benefit from Sharjah's advanced industrial base, which hosts more than 35% of the UAE's total manufacturing facilities. Concluding the second leg of their trade mission to India, the Sharjah Chamber delegation carried out on-site visits to several economic institutions in Ahmedabad, where they gained insights into their business activities and service offerings. These visits featured discussions on potential areas of cooperation, industrial integration, exchange of expertise, and the adoption of best practices, with the aim of establishing investment partnerships that serve the interests of both sides.
Gulf Today
2 days ago
- Business
- Gulf Today
Sharjah Chamber wraps up trade mission to India
The Sharjah Chamber of Commerce and Industry (SCCI), represented by the Sharjah Exports Development Centre (SEDC), concluded its trade mission to India, with a series of business meetings and discussions involving key officials from economic entities in Ahmedabad, Gujarat. These meetings took place on the sidelines of the Business Forum organised by the Sharjah Chamber in Ahmedabad, the second stop of the mission. The forum explored key opportunities for both sides to strengthen economic partnerships and deepen industrial and investment collaboration between Emirati and Indian private sector stakeholders. The forum was attended by Abdallah Sultan Al Owais, Chairman of SCCI; Waleed AbdelRahman BuKhatir, Second Vice Chairman of SCCI, and Jamal Mohamed Sultan Binhuwaidin, SCCI Board Member, along with several Chamber staff. The forum also saw participation of business leaders, entrepreneurs and private sector representatives from both Sharjah and Ahmedabad, which is recognised as a major industrial hub in India. The forum's agenda included focused B2B meetings and detailed presentations highlighting key investment opportunities across diverse economic sectors in both Sharjah and Ahmedabad. Special emphasis was placed on Sharjah's business-friendly environment, including its world-class infrastructure and investor incentives. The Sharjah Chamber showcased its suite of support services aimed at enabling entrepreneurs to scale their operations and expand their global market reach. In his keynote speech, Al Owais said that the Sharjah–India Business Forum in Ahmedabad is part of ongoing efforts to strengthen the rapidly growing economic and trade relations between the two countries. He noted that India's exports to the UAE totalled around US$37.1 billion in 2024. India also ranked as the top destination for the UAE's non-oil exports, accounting for 13.5% of total exports and recording a record growth of 75.2% compared to 2023. 'Through this mission, we aim to convert this positive momentum into fruitful partnerships between the business communities of the UAE and India in general, and between Sharjah and Ahmedabad in particular, thereby enhancing economic and investment collaboration to support joint growth,' Al Owais added. He highlighted Sharjah's position as a premier investment destination for Indian enterprises, with more than 20,000 Indian companies now headquartered in the emirate, demonstrating increasing investor confidence in Sharjah's business climate. He further underlined the strategic significance of Ahmedabad as one of India's most vibrant industrial and economic powerhouses, noting that its business and industrial stakeholders stand to benefit from Sharjah's advanced industrial base, which hosts more than 35% of the UAE's total manufacturing facilities. Concluding the second leg of their trade mission to India, the Sharjah Chamber delegation carried out on-site visits to several economic institutions in Ahmedabad, where they gained insights into their business activities and service offerings. These visits featured discussions on potential areas of cooperation, industrial integration, exchange of expertise, and the adoption of best practices, to establish investment partnerships that serve the interests of both sides. WAM
Sharjah 24
2 days ago
- Business
- Sharjah 24
SCCI wraps up trade mission to India
These meetings took place on the sidelines of the Business Forum organised by the Sharjah Chamber in Ahmedabad, the second stop of the mission. The forum explored key opportunities for both sides to strengthen economic partnerships and deepen industrial and investment collaboration between Emirati and Indian private sector stakeholders. The forum was attended by His Excellency Abdallah Sultan Al Owais, Chairman of SCCI; His Excellency Waleed AbdelRahman BuKhatir, Second Vice Chairman of SCCI; and H.E. Jamal Mohamed Sultan Binhuwaidin, SCCI Board Member. Also present were Abdul Aziz Al Shamsi, Assistant Director-General for Communication and Business Sector at SCCI; Ali Abdullah Al Jari, Director of the Sharjah Export Development Centre; and Jamal Saeed Bouzanjal, Director of Corporate Communication at SCCI; along with several Chamber staff. The forum also saw participation of business leaders, entrepreneurs and private sector representatives from both Sharjah and Ahmedabad, which is recognized as a major industrial hub in India. The forum's agenda included focused B2B meetings and detailed presentations highlighting key investment opportunities across diverse economic sectors in both Sharjah and Ahmedabad. Special emphasis was placed on Sharjah's business-friendly environment, including its world-class infrastructure and investor incentives. The Sharjah Chamber showcased its suite of support services aimed at enabling entrepreneurs to scale their operations and expand their global market reach. In his keynote speech, His Excellency Abdallah Sultan Al Owais said that the Sharjah–India Business Forum in Ahmedabad is part of ongoing efforts to strengthen the rapidly growing economic and trade relations between the two countries. He noted that India's exports to the UAE totaled around USD 37.1 billion in 2024. India also ranked as the top destination for the UAE's non-oil exports, accounting for 13.5% of total exports and recording a record growth of 75.2% compared to 2023. 'Through this mission, we aim to convert this positive momentum into fruitful partnerships between the business communities of the UAE and India in general, and between Sharjah and Ahmedabad in particular, thereby enhancing economic and investment collaboration to support joint growth,' Al Owais added. He highlighted Sharjah's position as a premier investment destination for Indian enterprises, with more than 20,000 Indian companies now headquartered in the emirate, demonstrating increasing investor confidence in Sharjah's business climate. He further underlined the strategic significance of Ahmedabad as one of India's most vibrant industrial and economic powerhouses, noting that its business and industrial stakeholders stand to benefit from Sharjah's advanced industrial base, which hosts more than 35% of the UAE's total manufacturing facilities. Concluding the second leg of their trade mission to India, the Sharjah Chamber delegation carried out on-site visits to several economic institutions in Ahmedabad, where they gained insights into their business activities and service offerings. These visits featured discussions on potential areas of cooperation, industrial integration, exchange of expertise, and the adoption of best practices, with the aim of establishing investment partnerships that serve the interests of both sides.
Mid East Info
08-07-2025
- Business
- Mid East Info
Sharjah Chamber's trade mission to India highlights 30% growth in Indian investments, with 20,000 companies now operating in the emirate
H.E. Abdallah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry SCCI, affirmed that Sharjah holds a strategic position for Indian companies as a preferred investment destination, thanks to its fully integrated competitive advantages. He noted that Indian investors form a key component of Sharjah's business landscape, with nearly 2,000 new Indian companies joining the Chamber in 2024. This growth brought the total number of Indian businesses operating in the emirate to around 20,000, reflecting a 30 percent increase compared to 2023. Furthermore, Sharjah's export and re-export volume to India totaled approximately AED 576 million, as documented through certificates of origin issued by the Chamber. These remarks were made during the Sharjah–India Business Forum, which was organized by the Sharjah Chamber in Mumbai, the first stop of its trade mission to the Republic of India, led by the Sharjah Exports Development Centre (SEDC). The delegation comprises 15 companies from Sharjah, representing a range of economic sectors. This mission reflects SCCI's commitment to supporting the expansion of the UAE companies and the private sector representatives into the Indian market, while also showcasing Sharjah's diverse and high-potential investment opportunities to Indian counterparts. The forum was attended by H.E. Abdallah Sultan Al Owais, Chairman of SCCI; H.E. Waleed AbdelRahman BuKhatir, Second Vice Chairman of SCCI; and H.E. Jamal Mohamed Sultan Binhuwaidin, SCCI Board Member. Also present were Abdul Aziz Al Shamsi, Assistant Director-General for Communication and Business Sector at SCCI; Ali Abdullah Al Jari, Director of the Sharjah Export Development Centre; Jamal Saeed Bouzanjal, Director of Corporate Communication at SCCI; and Abdulrahman Saeed Al Suwaidi, Director of Supply Chain and Government Affairs at Bee'ah Group, along with SCCI staff, business leaders, CEOs, and executives from industrial, manufacturing, and export companies operating in Sharjah. During the forum, the Sharjah Chamber's delegation explored ways to strengthen economic and trade cooperation between Sharjah and India, with a focus on partnership prospects in priority sectors. The program featured a range of business meetings and B2B engagements between companies from both sides, aimed at exploring cooperation opportunities, forging agreements, and forming strategic investment partnerships to drive bilateral trade growth. In his keynote speech, H.E. Abdallah Sultan Al Owais expressed his gratitude to the Indian side for their warm welcome and generous hospitality. He emphasized the deep-rooted relations between the UAE and India, noting that that both economies are among the fastest growing in the world, which signals strong prospects for expanding economic opportunities in the coming period. He highlighted the remarkable growth in the two countries' economic partnership, with the UAE ranking as India's third-largest global trading partner in 2024. The volume of non-oil trade between the UAE and India exceeded AED 240 billion in 2024, marking a 20.5% increase from AED 199.3 billion in 2023. This sustained growth reflects the robust momentum and strategic depth of the bilateral trade ties between the two nations. 'Mumbai boasts a strong economic foundation rooted in financial services, information technology, trade, and maritime shipping. It stands out as a strategic gateway for UAE businesses to explore and capitalize on high-potential investment opportunities across these vital sectors. This forum represents a key milestone in advancing bilateral business collaboration and enhancing joint efforts to grow trade and investment volumes,' Al Owais added. He noted that this collaboration will further strengthen the economic ties between the UAE and India, marking a significant stride toward fulfilling the objectives of the Comprehensive Economic Partnership Agreement (CEPA), which aims to increase mutual investment and trade flows and raise non-oil bilateral trade to $100 billion by 2030. Ali Abdullah Al Jari delivered a comprehensive presentation highlighting the key investment advantages offered by Sharjah. He outlined the emirate's diverse economic landscape, its advanced infrastructure, vital industrial and commercial zones, and world-class logistical facilities. He also underscored the Emirate's investor-friendly legal framework, which facilitates business growth and encourages foreign direct investment. The presentation highlighted the Sharjah Chamber's initiatives to support investor engagement through its structured network of business councils. As part of its ongoing visit to India, which will continue until July 11, the delegation will head to Ahmedabad for the second leg of its tour. The agenda includes a dedicated business forum involving meetings with key representatives from Indian chambers of commerce and industry. The program will also feature various business forums and meetings between Emirati and Indian business communities, aimed at exploring investment prospects and establishing joint economic partnerships.
Sharjah 24
07-07-2025
- Business
- Sharjah 24
SCCI highlights 30% growth in Indian investments
He noted that Indian investors form a key component of Sharjah's business landscape, with nearly 2,000 new Indian companies joining the Chamber in 2024. This growth brought the total number of Indian businesses operating in the emirate to around 20,000, reflecting a 30 percent increase compared to 2023. Furthermore, Sharjah's export and re-export volume to India totaled approximately AED 576 million, as documented through certificates of origin issued by the Chamber. These remarks were made during the Sharjah–India Business Forum, which was organized by the Sharjah Chamber in Mumbai, the first stop of its trade mission to the Republic of India, led by the Sharjah Exports Development Centre (SEDC). The delegation comprises 15 companies from Sharjah, representing a range of economic sectors. This mission reflects SCCI's commitment to supporting the expansion of the UAE companies and the private sector representatives into the Indian market, while also showcasing Sharjah's diverse and high-potential investment opportunities to Indian counterparts. The forum was attended by Abdallah Sultan Al Owais, Chairman of SCCI; Waleed AbdelRahman BuKhatir, Second Vice Chairman of SCCI; and Jamal Mohamed Sultan Binhuwaidin, SCCI Board Member. Also present were Abdul Aziz Al Shamsi, Assistant Director-General for Communication and Business Sector at SCCI; Ali Abdullah Al Jari, Director of the Sharjah Export Development Centre; Jamal Saeed Bouzanjal, Director of Corporate Communication at SCCI; and Abdulrahman Saeed Al Suwaidi, Director of Supply Chain and Government Affairs at Bee'ah Group, along with SCCI staff, business leaders, CEOs, and executives from industrial, manufacturing, and export companies operating in Sharjah. During the forum, the Sharjah Chamber's delegation explored ways to strengthen economic and trade cooperation between Sharjah and India, with a focus on partnership prospects in priority sectors. The program featured a range of business meetings and B2B engagements between companies from both sides, aimed at exploring cooperation opportunities, forging agreements, and forming strategic investment partnerships to drive bilateral trade growth. In his keynote speech, Abdallah Sultan Al Owais expressed his gratitude to the Indian side for their warm welcome and generous hospitality. He emphasized the deep-rooted relations between the UAE and India, noting that that both economies are among the fastest growing in the world, which signals strong prospects for expanding economic opportunities in the coming period. He highlighted the remarkable growth in the two countries' economic partnership, with the UAE ranking as India's third-largest global trading partner in 2024. The volume of non-oil trade between the UAE and India exceeded AED 240 billion in 2024, marking a 20.5% increase from AED 199.3 billion in 2023. This sustained growth reflects the robust momentum and strategic depth of the bilateral trade ties between the two nations. 'Mumbai boasts a strong economic foundation rooted in financial services, information technology, trade, and maritime shipping. It stands out as a strategic gateway for UAE businesses to explore and capitalize on high-potential investment opportunities across these vital sectors. This forum represents a key milestone in advancing bilateral business collaboration and enhancing joint efforts to grow trade and investment volumes,' Al Owais added. He noted that this collaboration will further strengthen the economic ties between the UAE and India, marking a significant stride toward fulfilling the objectives of the Comprehensive Economic Partnership Agreement (CEPA), which aims to increase mutual investment and trade flows and raise non-oil bilateral trade to $100 billion by 2030 . Ali Abdullah Al Jari delivered a comprehensive presentation highlighting the key investment advantages offered by Sharjah. He outlined the emirate's diverse economic landscape, its advanced infrastructure, vital industrial and commercial zones, and world-class logistical facilities. He also underscored the Emirate's investor-friendly legal framework, which facilitates business growth and encourages foreign direct investment. The presentation highlighted the Sharjah Chamber's initiatives to support investor engagement through its structured network of business councils. As part of its ongoing visit to India, which will continue until July 11, the delegation will head to Ahmedabad for the second leg of its tour. The agenda includes a dedicated business forum involving meetings with key representatives from Indian chambers of commerce and industry. The program will also feature various business forums and meetings between Emirati and Indian business communities, aimed at exploring investment prospects and establishing joint economic partnerships.
