June 17, 2023 12:27 PM

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Ras Al Khaimah Economic Zone Wraps Up Successful Business Roadshow in India, Promoting Expansion Opportunities in the Middle East

<p style="margin: 0px; text-align: justify;"><span style="color: #222222;">Ras Al Khaimah Economic Zone (RAKEZ), a leading business hub in the UAE, recently concluded a highly successful business roadshow across major Indian cities, including Mumbai, Hyderabad, and Ahmedabad. The objective of the roadshow was to enlighten Indian business owners about the potential benefits of expanding their operations in the Middle East through Ras Al Khaimah. </span></p>''<p style="margin: 0px; text-align: justify;"><br />''</p>''<p style="margin: 0px; text-align: justify;">During their visit, RAKEZ's team of experts engaged with numerous influential business chambers and industry associations, such as the Bombay Industries Association, Federation of Indian Export Organisation, All India Plastic Manufacturers Association, Federation of Telangana Chamber of Commerce, and Gujrat Chamber of Commerce. The discussions focused on the advantages of entering the UAE market, specifically targeting manufacturers operating in sectors like ceramic and sanitary ware, electrical goods, lighting equipment, home appliances, specialty chemicals, steel, and defense. Additionally, the RAKEZ team explored potential collaborations with service providers in the aviation sector.</p>''<p style="margin: 0px; text-align: justify;"><br />''</p>''<p style="margin: 0px; text-align: justify;">Expressing his satisfaction with the outcomes of the roadshow, RAKEZ Group CEO Ramy Jallad stated, "We are thrilled with the outcomes of our roadshow in India. The overwhelming response from businesses, industrial associations, and startup founders showcases their high level of interest in exploring opportunities in the Middle East, particularly through Ras Al Khaimah.</p>''<p style="margin: 0px; text-align: justify;"><br />''</p>''<p style="margin: 0px; text-align: justify;">RAKEZ is already home to over 4,000 Indian companies operating in various sectors from SMEs to large industries, and we remain committed to fostering partnerships, supporting entrepreneurs, and providing a favorable business environment for businesses seeking to expand their reach." The roadshow served as an ideal platform for RAKEZ to emphasize the advantages of establishing a presence in Ras Al Khaimah, including its strategic location, robust infrastructure, business-friendly policies, cost-effectiveness, and access to a growing regional market.</p>''<p style="margin: 0px; text-align: justify;"><br />''</p>''<p style="margin: 0px; text-align: justify;">Moreover, in Surat, the RAKEZ team is currently participating in the highly anticipated 21by72 startup summit, taking place from 16th to 18th June. The team aims to provide support to Indian businesses, especially SMEs, in exploring expansion opportunities in the UAE. Throughout the event, RAKEZ's experts will engage with thousands of startup founders and SME entrepreneurs from across India, as well as over 200 startups from around the world. This further strengthens the bond between the UAE and India during this exciting period of economic collaboration.</p>''<p style="margin: 0px; text-align: justify;"><br />''</p>''<p style="margin: 0px; text-align: justify;"><span style="color: #222222;">This proactive initiative aligns with RAKEZ's ambition to strengthen the economic relationship between the UAE and India, in line with the UAE-India Comprehensive Economic Partnership Agreement (CEPA) signed last year. This landmark agreement has ushered in a new era of heightened economic cooperation between the two nations, and RAKEZ's roadshow serves as a tangible demonstration of the shared commitment to mutual growth. Ras Al Khaimah is one of the seven emirates of the United Arab Emirates, known for its natural beauty and rich cultural heritage. It is a growing economic hub, attracting businesses with its strategic location and business-friendly environment.</span></p>''<p style="margin: 0px; text-align: justify;"><br />''</p>

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