Darwin Platform Group of Companies (DPGC), one of the leading global business conglomerates from India, has announced its investment plans with UAE-based companies. DPGCâ€™s Dubai-headquartered companies signed several agreements to form joint ventures and other modes of partnerships. For India, DPGCâ€™s retail arm, DP Retail, entered a partnership with one of UAEâ€™s leading retail companies, Jan Bros, to market their products and provide supply-chain support.
Announcing the partnerships, Farhan Ahmed Damudi, head of DPGC, UAE said: â€œFor retail, we have joined hands with Jan Bros, which is a 94-year-old UAE-based company with operations in many countries with 2,500 product merchandise, to enhance their presence in India and provide product sourcing support. In collaboration with Jan Bros, we plan to invest Rs100 crore to put up a joint manufacturing unit also.â€
Darwin Group entered into multiple joint ventures and exclusive tie-ups in UAE and signed MoUs with three leading entities. DPGCâ€™s Dubai entities would work with ARJ in the fields of building and engineering services, manufacturing, water management technologies, property development, renewable energy systems, hospitality, food and beverage, health and wellness, marketing communications, education, fashion, and retail.
â€œIn the education sector, Darwin Education, a part of DPGC, has tied up with UAEâ€™s Westford Education Group, a leader in Trans-National Education with decades of experience of operating UK and US University programmes across the globe, with an intent to establish a state-of-the-art international campus of the prestigious Liverpool John Moores University, UK in India to fulfil the aspirations of the discerning students in India intending to pursue international higher education degrees and diplomas,â€ informed Damudi.
â€œWith strategic partnerships, DPGC plans to bolster India-UAE business collaborations. As the countriesâ€™ target is to increase trade from $60 billion to $100 billion in the next couple of years, DPGCâ€™s partnerships would play a catalysing role in achieving this goal,â€ said Vijay Singh, director â€” international business, DPGC.
â€œThe MoUs signed in Dubai aim to enhance production capabilities, increasing investment in the UAE, enhancing manufacturing units in India, creating employment, and creating wealth for both countries. These partnerships also aim to get access to African and other Asian markets from Dubai,â€ he added.Â Â Â
With several JVs and partnership agreements, DPCG has found a strong foothold in the UAE and also provides opportunities to UAE-based entities to tap the huge potential of Indiaâ€™s vast market.