India’s software exports to hit high – GulfToday

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India’s software exports to hit high – GulfToday

Inayat-ur-Rahman, As India completes 75 years of Independence, the nation may look back with pride on the spectacular progress made by the country in all sectors of the economy. Strong fundamentals of the economy were best exemplified when the pandemic struck hitting every nation – big or small. While some of the front-ranking states crumbled, India was able to contain the damage to a large extent. Though the economy took a big hit, India managed to ensure that economy moves back to its growth path at the earliest. The UAE has emerged as an important economic hub not just within the context of the Middle East/West Asia, but also globally. The UAE, due to its strategic location, has emerged as an important economic centre in the world. India has enjoyed close friendship based on long-standing cultural, religious, and economic ties between the two nations. The mutual respect and love for each other have brought the two nations further close over the last few years. Today, UAE is home to a large Indian Diaspora that has contributed significantly to the transformation of UAE from an oil-producing giant to a widely diversified and modern economy, says Mr Kamal Vachani, Regional Director, Electronics