Having met and conversed with Indian business and industrial organizations in New Delhi and Mumbai for five days, the Sharjah Chamber of Commerce and Industry (SCCI) has concluded its successful trade mission to India.
The Sharjah Exports Development Centre spearheaded the trade trip, which sought to investigate possible benefits for investments and attractive chances to further advance bilateral ties.
The conversations took place outside of the “UAE-India Business Forum,” a prominent event that the Chamber hosted in New Delhi as part of the trade mission’s second visit.
The conversations revealed a shared desire for closer cooperation, and the Indian side announced plans to arrange an elevated-level commercial delegation trip to the Emirate of Sharjah in the fourth quarter of this year.
The business meetings provide a useful forum for talking about possible trade and investment benefits across several economic sectors. Both parties exhibited a great willingness to improve their working relationship, share their experiences, and take advantage of best practices.
The talks were centered on increasing commercial and industrial companies’ exports and presenting the private sector with lucrative opportunities in emerging industries.
First meeting
Abdullah Sultan Al Owais, Chairman of SCCI, and other representatives engaged with a delegation from the Associated Chambers of Commerce and Industry of India (ASSOCHAM), which was led by Pooja Ahluwalia, Assistant Secretary General of ASSOCHAM, at the first significant meeting. By utilizing expertise and supporting joint investment initiatives, they investigated ways to improve industrial and commercial cooperation.
Second meeting
During the second meeting, the Regional Chairman of the Federation of Indian Export Organisations, Paresh Kantilal Mehta was met by Abdullah Sultan Al Owais and his delegation. Discussions were held with the Federation of Indian Export Organisations to promote cooperation in the trade promotion of local goods for both nations. Opportunities for creating collaborations with the goal of increasing exports and discovering new markets were also investigated.
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Al Owais emphasized the SCCI’s dedication to assisting its employees from Sharjah’s business community. He provided information to the Indian side about the alluring services and amenities SCCI-affiliated universities offer to support company growth.
Al Owais urged the Indian delegation to take a significant part in the specialized exhibitions that Expo Centre Sharjah hosts throughout the year in order to increase the visibility of Indian goods in the regional and local markets.
Signing of MoU
A Memorandum of Understanding (MoU) is also about to be inked between the SCCI and the Trade Promotion Council of India to boost participation in exhibits and arrange trade delegation exchange visits.
Final day
Al Owais and the Millennial India International Chamber of Commerce, Industry & Agriculture (MIICCIA) had discussions at the end of the trip to improve economic and trade cooperation and promote investment flow between the UAE and India.
In order to promote cooperation, exchange experiences, and create investment partnerships, representatives from industrial and commercial companies took part in field trips to factories and economic facilities in Mumbai and New Delhi during the mission.
