22.1 C
Dubai
Sunday, November 17, 2024
spot_img

India-UAE summit highlights manufacturing, agritech opportunities: organizers

[ad_1]

According to an official statement released by the organizers, the India-UAE Partnership Summit, scheduled to be held here next week, will include comprehensive deliberations on key economic topics such as manufacturing, agritech, food processing and fintech.

The event will take place on January 24 in partnership with the Dubai Chamber of Commerce and will feature a speech by Minister of Commerce and Industry Piyush Goyal.

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.

[ad_2]

Source link

Related Articles

From Seed to Superfoods The Inspiring Journey of Bharat Budhiraja and Urbana Superfoods

In a world teeming with fast-paced food trends, Bharat Budhiraja is charting a unique path with his brand, Urbana Superfoods, owned by Krish Perennials Pvt....

UAE Amplifies Compassion: Humanitarian Aid to Gaza Reaches 121 Deliveries with ‘Operation Chivalrous Knight 3

UAE commitment to humanitarian aid has once again been highlighted through its ongoing support for the people of Gaza. In a significant effort to alleviate...

Empowering Women Through Entrepreneurship The Inspirational Journey of Remya Krishnakripa and SilverRay Global Coaching

In a world where corporate careers often trap individuals in a cycle of stress and stagnation, Remya Krishnakripa found a way to break free...

Abu Dhabi Oil and Gas Summit Ignites Strategic Dialogues on Energy Security and Innovation Amid Regional Challenges

Abu Dhabi: The UAE’s oil and gas industry recently convened for its annual summit in Abu Dhabi, where top energy leaders discussed strategies for...

UAE President Sheikh Mohamed bin Zayed Invited to Arab-Islamic Summit: A Key Step Towards Regional Unity and Cooperation

UAE President Sheikh Mohamed bin Zayed Al Nahyan has received a formal invitation from Saudi Arabia’s King Salman bin Abdulaziz Al Saud to attend...

Latest Articles