Dafza goes to In­dia to at­tract more FDI

The National - News - - BUSINESS -

Dubai Air­port Free­zone Author­ity has re­cently hosted new road­shows in New Delhi and Bangalore in In­dia to high­light the in­vest­ment op­por­tu­ni­ties that Dafza has cre­ated for in­ter­na­tional busi­nesses, with the aim of in­creas­ing for­eign di­rect in­vest­ment from In­dia to Dubai, in line with Dubai Plan 2021. Ties be­tween In­dia and the UAE have con­tin­ued to strengthen, as shown by the an­nual in­crease in the num­ber of In­dian com­pa­nies, which now ac­count for 10 per cent of the to­tal num­ber of Asian com­pa­nies based in Dafza. The cur­rent level of bi­lat­eral trade be­tween the UAE and In­dia amounts to about $53 bil­lion.

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