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Indian businesses to highlight country's best at Annual Investment Meeting 2016

Rohma Sadaqat/Dubai
Filed on April 7, 2016
Indian businesses to highlight countrys best at Annual Investment Meeting 2016
Dawood Al Shezawi and Anurag Bhushan discuss India's participation at the Annual Investment Meeting 2016 in Dubai on Thursday.

(Photo by Neeraj Murali)

A 'Make in India' pavilion will highlight India's investment-friendly environment

The 'Make in India' pavilion at this year's Annual Investment Meeting (AIM) will highlight India's investment-friendly environment and showcase the best that the country has to offer.

The Federation of Indian Chambers of Commerce and Industry (FICCI), supported by the Department of Industrial Policy & Promotion, Government of India, and the Consulate in Dubai will be organising the pavilion at the event, being held in Dubai from April 11 to 13. 

The FICCI will be sending a 25-member business delegation to the event, covering sectors such as infrastructure, agri and food processing, IT and ITES. A Make in India seminar is also being organised, that will bring together senior officials and dignitaries, who will highlight project-specific investment opportunities in India.

Speaking at a Press meeting on Thursday, Anurag Bhushan, Consul General of India, and Dawood Al Shezawi, president and CEO of the Annual Investment Meeting, discussed the Indian companies' participation at the event, as well as opportunities of growth for both India and the UAE.

"This year, we had a great opportunity to team up with the Indian business community, and we progressed in signing various MoUs with the Indian Business Council, as well as several large Indian business groups. India has decided to participate at this year's edition of AIM on a larger scale, and we are very glad that a good delegation headed by distinguished ministers are going to take part. We are also very committed to further developing the relationship between the two countries," Al Shezawi said. 

"The relationship between the two countries has blossomed," said Bhushan. "FICCI will be leading one of the largest delegations at this year's event and we look forward to seeing what develops through their participation. This event comes at a very good time for us, as our economy moves on a steady 7.6 per cent growth rate. The FDI climate since last year has also improved, with FDI today standing at $45 billion - a 25 per cent increase."

- rohma@khaleejtimes.com

 





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