Sharjah – India Roundtable deepens economic synergies to fuel investments

Sharjah – India Roundtable deepens economic synergies to fuel investments

SHARJAH – The Sharjah FDI Office (Invest in Sharjah), in collaboration with the Consulate General of India, Dubai, organized a Sharjah–India Business Roundtable today ,17th November 2022, at the House of Wisdom, to explore greater economic ties and synergies between Sharjah and India and expand commercial, industrial and investment cooperation in several high-priority sectors

In line with India’s continued interest in the emirate’s diversified economy and following the game changing UAE-India Comprehensive Economic Partnership Agreement (CEPA) signed in February 2022, the roundtable sought to promote investment opportunities in competitive sectors and highlighted the range of services and facilities offered by various government organizations in the emirate.

With 15,868 Indian companies operating in the mainland in Sharjah and 10,000 across its specialized free zones, the growing economic and commercial relations between Sharjah and India saw the value of exports and re-exports from India rise to AED 1.14 billion in 2021.

Building on the stability and strength of a rapidly diversifying and deepening bilateral relationship between the emirate and India, the roundtable placed a special focus on areas in which Indian companies could engage with Sharjah to grow their presence in the MENA region. The priority sectors highlighted include agriculture and food security, technology and