DP World, Jafza invite Indian investors at New Delhi summit
Various micro-, small-, and medium-enterprises (MSMEs and SMEs) have shown interest in investing in projects by DP World UAE Region and Jebel Ali Free Zone (Jafza), reports Construction Week Online.
The investment interest was shown at the 16th CII Global SME Business Summit in New Delhi, part of the India-UAE Bridge initiative, aimed at building synergies between DP World and India’s business sectors.
A UAE team engaged with Indian SMEs and MSMEs looking to expand their businesses outside India, and presented options such as plug-and-play platforms, end-to-end supply chain solutions, value-added services, and similar investment platform to facilitate their expansion.
Supporting the initiative is Indian Traders’ Incubation Centre for SMEs and MSMEs, which plans to engage companies for three years with DP World and Jafza.
Commenting on the event, managing director and chief executive officer of DP World UAE Region, and CEO of Jafza, Mohammed Al Muallem, said: “During his recent visit to the UAE, the Prime Minister of India, Narendra Modi, described the UAE as ‘a valuable partner in realising the objective to reach a $5tn economy through a mutually beneficial partnership’.
"We strongly believe that the India-UAE bridge is an initiative to support this vision, and as the region’s leading trade enabler, DP World’s UAE Region is keen to sustain and build on our excellent partnership in an environment that has allowed both our countries to prosper."