New Delhi: The Dubai Export Development Corporation will open an office in the capital with the aim of popularizing the use of Dubai ports among Indian businesses.
“The office will be opened to sensitize Indian businesses about the logistics advantage of the port to encourage Indian importers and manufacturers to use Dubai as a re-export and manufacturing hub,” director and acting CEO Dubai Export Development Corporation (DEDC) Farid Redha Karmostagi told PHD Chamber’s members in the capital.
“India was one of the highest export market for Dubai riding on the back of burgeoning export of bullion,” Karmostagi said adding Dubai offered market for companies in a wide range of sectors including precious metals and stones, iron and steel, aluminium, ceramics and e-governance. It has a market size with an annual domestic import base of $17 billion and provides a gateway for re-export worth $150 billion per annum.
Karmostagi also talked about the business promotion facilities in Dubai, such as legal cell, IT facilities, certification, which would help businesses to carry out their operations in a hassle free manner.