CII Pune conducts Session on The UAE-India Trade Bridge
Pune, 27 September 2019 : At a time when India – UAE relations are flourishing, the India-UAE Bridge will prove an important milestone and a step into the future opined various experts.
CII Pune in association with DP World UAE Region and Jebel Ali Free Zone (JAFZA) on Thursday organised a special session on UAE – India Trade Bridge in Pune. Mr Abdulla Bin Damithan, Chief Commercial Officer, DP World UAE Region; Mr Raveen Guliani, Head – Business Intelligence, DP World UAE Region and Mr Alakesh Roy, Vice Chairman, CII Pune Zonal Council & Managing Director, Zamil Steel India & General Director, Zamil Steel Vietnam were present on the occasion .
During his keynote address, Mr Abdulla Bin Damithan, Chief Commercial Officer, DP World UAE Region gave information on DP World’s strong presence in India and investments in warehouse and logistics. He added that there is lot of synergy and partnership between India and UAE.The bridge will bring growth and prosperity to both countries .
Mr Raveen Guliani, Head, Business Intelligence-DP World UAE Region gave a presentation on India–UAE Bridge which is strategically designed to facilitate synergy between DP World, UAE Region and India for smoother trade, profitable investments and optimizing supply chain with DP World’s end-to-end global solutions. It will also address challenges in the current supply chain through their ports and logistic capabilities that offer integrated solutions to businesses. He added that the speed of doing business is faster because of digitization and state of art infrastructure. The whole idea of the bridge is an integrated service offering between all of the assets we have in India and UAE to enable to make profitable investments and encourage trade. A conduit for investments and conveyor for product flow will be the two key features.
Delivering introductory address, Mr Alakesh Roy, Vice Chairman, CII Pune Zonal Council & Managing Director, Zamil Steel India & General Director, Zamil Steel Vietnam said that while India and UAE have shared cordial trade , diplomatic , economic and political ties over the years , the recent exchange of high level visits has further cemented these historical ties and further opened new avenues for business . UAE is India’s third largest partner for the year 2017-18 after China and US and the bilateral trade between both is 20 billion US Dollars for the year 2017-18 . UAE is India’s second largest export destination . Both Governments view this strategic relationship with bilateral trade expectancy to exceed 100 billion US Dollars by the year 2020. CII has been engaging with UAE and Middle East since last few decades which has resulted in many initiatives including visit of many sector specific delegations, Make in India shows, trade forums and many others. CII has been constantly engaging with various chambers of commerce and free zones in Gulf states .
The event gave an opportunity for members to have one-to-one interaction with the visiting senior officials of DP World UAE Region, Jebel Ali Port and JAFZA.
About DP World
DP World is a leading enabler of global trade and an integral part of the supply chain. We operate multiple yet related businesses – from marine and inland terminals, maritime services, logistics and ancillary services, to technology-driven trade solutions. We have a portfolio of over 150 operations in over 45 countries across six continents, with a significant presence in both high-growth and mature markets. We aim to be essential to the bright future of global trade, ensuring that everything we do contributes positively and sustainably to both the economy and society. Our dedicated team of more than 46,000 employees from 120 countries cultivates long-standing relationships with governments, shipping lines, importers and exporters, communities, and many other important constituents of the global supply chain, providing quality value-added services today and tomorrow.Container handling is the company’s core business and generates more than 50% of its revenue. In 2018, DP World handled 71.4 million TEU (twenty-foot equivalent units) across our portfolio. With its committed pipeline of developments and expansions, the current gross capacity of 91 million TEU is expected to rise in line with market demand.By thinking ahead, foreseeing change and innovating, DP World aims to create the most productive, efficient and safe trade solutions globally.