India Show to Kick Off New Era in Indo-UAE Trade, India Show in Dubai, 3 Day India Show to be Held on Tuesday, 3 Day India Show Will Start in Dubai

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SME Times News Bureau | 07 Jun, 2010
The 3-day 'India Show' to be held from Tuesday, in Dubai will help to boost trade between India and the United Arab Emirates (UAE), said the Federation of Indian Export Organisations (FIEO) on Monday.

This is the first time an event of such magnitude is being brought to Dubai and the primary objective of the show is to showcase India’s strength in manufacturing and services and also highlight the country’s attractiveness as an investment destination in sectors like infrastructure and services, said FIEO President A Sakthivel.

"The Indian economy has expanded considerably in the last decade and is now the world’s fourth largest in terms of Purchasing Power Parity (PPP). India has also carved a niche for itself as the world’s leader in IT & ITeS, and is making huge strides in R&D and in becoming a knowledge-based economy," he said.

FIEO informed that the show will consist of India Sourcing Fair, Networking Meet, Business Summit and India Cultural Evening. Sidelights will include screening of a selection of Indian panorama films and an Indian cuisine dinner, he added.

He said that India's demographic advantage in having the world’s youngest population and the largest number of trained professionals perfectly compliments UAE’s economy which is moving towards becoming a service and knowledge oriented one.

Further, the UAE is looking at safer investment destinations and India is well poised to provide this opportunity, the FIEO chief added.

FIEO pointed out that the Gulf country has also emerged as the third major re-export centre in the world after Singapore and Hong Kong, and therefore it is an important destination for India for the opportunities it provides as a major sourcing centre for important markets such as Iran, Iraq, Africa, and the CIS countries.

"India is looking for major investments in its infrastructure sector over the next decade and the UAE, with its large pool of investible sovereign funds, can be a major partner in India’s growth," the FIEO chief added.