Business & Money | Tuesday 25 August, 2015 11:48 am |

The state visit of the Honourable Indian Prime Minister heralds a new era in bi-lateral relations and opens up new opportunities for trade and commerce. The UAE-India Infrastructure Investment Fund is an indicator of the true potential this relationship holds. 

The Arab-India Economic Forum (AIEF) in strategic partnership with the Consulate General of India – Dubai has been launched to discuss and evaluate the India opportunity. Focussing on the growth sectors, it will address the policy framework and guidelines required to attract Arab investors and industrialists. It will be strong platform for Indian businesses aiming to explore the Middle East market.

The Prime Minister in his speech at Masdar City said that all major global institutions such as IMF, World Bank and Moody’s agree that India is the world’s fastest growing economy and it has huge development potential. 

 

The new government has launched various programmes including the ‘Make in India’ campaign that seeks to make India a developed nation through all-inclusive growth, technology, innovation, good governance and people’s participation. The policies of the new government have already started yielding positive results. OECD forecasts India as the only country among top economies to increase its pace of growth. According to IMF, India will be the second fastest growing economy soon. The Arab India Economic Forum will provide a critical platform for introducing India under the rule of stable Government of Prime Minister Narendra Modi to the Middle-East community, and bringing to the fore the latest trends and developments in Renewable Energy, Innovation and Digital India. 

 

In line with these words the Arab India Economic Forum shall be focusing on opportunities in infrastructure, alternative energy, digital India, tourism and finance. The forum will bring together political and business leaders from United Arab Emirates, Kingdom of Saudi Arabia, Qatar, Kuwait, Bahrain, Oman, Jordan, Egypt and India who shall discuss strategies and solutions to investor challenges in India due to taxation and policy related issues in India and how the government can assist in creating a conducive business environment for investors. 

Bloomberg Businessweek Middle East, one of the strategic media partners of the event would host key panel discussions, with over 300 high profile delegates expected to attend, Arab-India Economic Forum is an unmissable opportunity.