Saturday , August 17 2019

‘India-UAE Bridge’ set to drive mutual trade and investment flows

CHANDIGARH / WAM

The trade and investment flow between India and the United Arab Emirates are poised to expand rapidly with the launch of a major initiative by DP World, UAE Region.
The recent launch of the ‘India-UAE Bridge’ initiative is set to attract both Indian and UAE trade and investments as DP World offers technology-driven end-to-end (e2e) smar-ter trade solutions to Indian trade fraternity. DP World remains committed to India’s vision of ‘Make in India’, and Du- bai’s ambition to remain the regions #1 trade hub and India’s gateway to global markets.
This consensus was announced at a trade and investment seminar led by DP World, UAE Region and jointly organised with the Confederation
of Indian Industries (CII) in Chandigarh.
At the seminar, DP World, UAE Region executives highlighted the synergies that exist in their portfolio across India and UAE, and the integrated solutions ranging from port-centric logistics, inland logistics, freight, and transport. The overarching aim is to enhance trade flows with optimised supply chain solutions.
The e2e solutions delivered under the India-UAE Bridge will support investors through value propositions by leveraging assets and capabilities in both countries. This aims to enhance access to larger consumer markets through Jebel Ali’s network connectivity bei-ng 150 direct ports of call, more than 80 weekly services and a global portfolio of over 150 operations in over 40 countries across six continents.
As part of the initiative, DP World launched the Indian Traders’ Incubation Centre at JAFZA One. Herein, the business will not only benefit from Jebel Ali’s integrated trade ecosystem but will be able to expand its access to new markets across the Middle East and beyond.
Mohammed Al Muallem, CEO and Managing Director of DP World, UAE Region and CEO of Jafza, said, “India and the UAE have enjoyed long and enduring cordial business and trade relations over the years making India one of our top three trading partners. Long-term investment flows in both directions and is the hallmark of trust we place in each other. We aim to work in partnership with stakeholders to create value and explore opportunities with Jebel Ali Port and Jafza acting as a springboard for investors in both countries.
“At DP World, UAE Region, we facilitate trade with our global connections and local expertise by using state-of-the-art technology as the main driver of our success. Our solutions are customised and based on need and scale. We add value at key stages in the supply chain and help transport cargo around the world. We are positioned at every step of the supply chain to
support our customers with whatever they need.”

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