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$10-bn biz potential in logistics opportunities offered by UAE: India

20 Dec '21
1 min read
Pic: PIB
Pic: PIB

India is looking forward to a $10-billion business potential in the opportunities offered by the UAE government and its fully-owned smart logistics provider DP World, according to the former’s minister for commerce and industry Piyush Goyal. Welcoming the UAE initiative, industry representatives offered ideas and suggestions to leverage its potential.

Goyal made the statement while chairing an interaction with the captains of the Indian industry and heads of export promotion councils in Mumbai to discuss opportunities for Indian businesses to expand their global footprint by leveraging business platforms and infrastructure offered by the United Arab Emirates.

DP World presented market expansion opportunities it offers to Indian businesses and exporters. The firm is setting up India Mart Traders Market, a dedicated market for Indian businesses that would enable traders and manufacturers to engage in trade with the United Arab Emirates and regional markets, according to a ministry release.

Fibre2Fashion News Desk (DS)

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