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DUBAI, 19th January (PTI) The India-UAE Partnership Summit, scheduled to take place here next week, will offer a comprehensive deliberation on key economic topics such as manufacturing, agritech, food processing and fintech. organizer.
event. It will take place on January 24 in partnership with the Dubai Chamber of Commerce and will feature a speech by Piyush Goyal, Minister of Commerce and Industry.
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A session during the summit focused on manufacturing and startups, considering that Indian startups have raised $42 billion and added 46 unicorns by 2021, and that Production Linked Incentive (PLI) schemes are boosting manufacturing in India industry, this is appropriate.
“Emirati investors and businessmen have been actively investing and looking for opportunities in the UAE and India. The changing regulations in the UAE are attracting businesses from all over the world, not only for trade but also for manufacturing,” said a statement issued by summit organizers .
According to them, the Golden Visa scheme, ease of doing business, attractive tax regime, ease of living and several other measures are making the UAE a top choice for doing business.
“Businesses flow freely in both directions. Both entrepreneurs and investors need to tap opportunities on both sides,” the statement said.
Food security is also becoming increasingly important in the new geopolitical environment. As technology is expected to play a key role in meeting safety needs and changing eating habits, the importance of agricultural technology and food processing is bound to grow by leaps and bounds.
“Drones, biomass, technological advancements, artificial intelligence are the name of the game in this industry,” the statement said.
(This is an unedited and auto-generated story from a Syndicated News feed, the content body may not have been modified or edited by LatestLY staff)
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