In a new initiative, Dubai-based port operator DP World has launched the ‘India-UAE bridge’ to attract Indian trade and investments to its flagship Jebel Ali Port and Jebel Ali Free Zone (Jafza).
The initiative will offer end-to-end solutions to companies and entrepreneurs.
The programme is a collaboration between DP World, Jafza and the Indian Business and Professional Council (IBPC). It aims to support investors through value propositions such as the integration of DP World’s assets in both India and the UAE, enhancing access to markets beyond the company's network connectivity and global portfolio.
One of the primary purposes of the plan is to serve as a platform for talented Indians looking to share their ideas and businesses to markets in the Middle East and further.
Businesses will enjoy the exposure and connectivity to shipping lines and services, through key ports in the region, including Jebel Ali Port, and the strategic incentives and benefits of Jafza.
“The India-UAE Bridge is a win-win for both sides. India is now the fifth largest economy in the world and one of the fastest growing major economies. During the current year, India is expected to add almost USD 200 billion to global economic growth,” said Navdeep Suri, Ambassador of India to UAE.
“DP World already has substantial investments in India and Indian companies account for a large share of total investments into Jafza. With their advanced infrastructure and logistics capabilities, DP World and Jafza are ideally positioned to become key partners in India's growth story. I expect that the proposed Bridge could become a significant element in the India-UAE Comprehensive Strategic Partnership,” he added.
The India-UAE Bridge is strategically designed to facilitate trade integration capabilities of global trade enabler DP World's portfolio of over 150 operations in over 40 countries across six continents.