Sharjah-India Business Forum Encourages Cross-Border Investment Opportunities

The Sharjah Chamber of Commerce and Industry (SCCI) recently hosted the "Sharjah-India Business Forum," aimed at encouraging Indian companies to explore investment opportunities in the Emirate. Held at the SCCI headquarters, the event urged Indian businesses to join the global and regional firms that have already established their commercial and industrial activities in Sharjah.

Sharjah offers numerous incentives, benefits, and facilitation measures to investors. The Emirate boasts advanced infrastructure and a promising market driven by economic diversification and investment in key sectors. The Forum followed a visit by a delegation from India’s PHD Chamber of Commerce and Industry (PHDCCI) to Sharjah. This delegation included representatives from sectors such as fintech, agriculture, healthcare, IT, infrastructure development, and chemical manufacturing.

The event saw attendance from notable figures including Abdullah Sultan Al Owais, Chairman of SCCI; Abdul Aziz Al Shamsi, Assistant Director-General for Communication and Business Sector at SCCI; and Fatima Khalifa Al Muqarrab, Director of SCCI's International Relations Department. Jamal Saeed Bouzanjal, Director of Corporate Communication Department at SCCI, along with officials from the Sharjah Airport International Free Zone Authority (SAIF Zone) and various economic entities from both Sharjah and India were also present.

The Forum highlighted investment opportunities in both Sharjah and India, showcasing exclusive incentives available to investors across various sectors. It also explored prospects for promoting trade exchange and business interactions between investors and business leaders from both countries. This initiative aims to facilitate knowledge exchange and coordination across different areas of cooperation, establishing joint investment projects beneficial to both business communities.

Fatima Khalifa Al Muqarrab emphasised that the UAE and India exemplify robust economic relations, evolving based on shared visions aimed at expanding into new economic sectors. These sectors are crucial for sustainable growth and enhancing economic competitiveness. She noted that the Sharjah-India Business Forum continues the collaboration marked by a successful trade mission of the Sharjah Chamber to India. This mission resulted in over 365 bilateral business meetings between representatives of the Sharjah delegation and more than 220 Indian companies across various sectors.

Al Muqarrab reiterated SCCI’s commitment to bolstering comprehensive economic partnerships between the UAE and India across all sectors. She explained that the Forum aims to showcase promising investment opportunities in Sharjah and India, encouraging business communities to invest in vital economic sectors aligning with both nations' economic visions.

The Forum featured a series of bilateral business meetings between representatives of Emirati and Indian companies. These meetings explored potential partnerships in various economic fields, establishing new communication channels for dialogue and exchanging insights and experiences.

Exploring Lucrative Opportunities

The business gatherings provided an effective platform to explore lucrative opportunities available in both Sharjah and India. The aim was to evaluate the feasibility of joint projects benefiting both countries, alongside reciprocal visits promoting engagement in various events and exhibitions hosted by both sides.

With inputs from WAM