Exploring New Avenues

As the Group Director and Partner of Al Maya Group in the UAE, I am privileged to witness and be a part of the strong bilateral trade relationship between the UAE and India. Over the years, this relationship has been built on the foundation of mutual respect, trust, and strategic partnerships.

I believe that promoting and investing in key sectors in both countries can significantly enhance bilateral trade. In the UAE, there is a growing demand for affordable and quality consumer goods and services, and Indian businesses can cater to this demand by expanding their operations and investing in key sectors such as healthcare, education, and infrastructure. Similarly, the UAE has also identified India's potential in sectors such as renewable energy, technology, and agriculture, which can open up new avenues for trade and investment.

Al Maya, a strong player in the retail industry in the UAE, has been importing various FMCG products from India, and the Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE has significantly contributed to the growth of this trade. As we strive to expand our imports from India, we are constantly exploring new opportunities and strengthening our partnerships in the region. I am optimistic about the bright future ahead and look forward to playing a significant role in enhancing the UAE-India trade partnership.

Al Maya Group, the UAE-based business conglomerate, has more than 50 supermarkets in the UAE countries in addition to other businesses.

— Kamal Vachani is the Group Director and Partner at Al Maya Group.