With a number of Indian companies expanding to the Middle East, UAE's Hamriyah Free Zone Authority (HFZA) has participated in three major road-shows in India to attract investors.
"India is a key-market for HFZA. Based on mutual interests, the UAE enjoys a warm economic relationship with India. Currently, a number of Indian companies are expanding to the region to ensure their presence in Middle East," Saud Salim Al Mazrouei, Director of HFZA and Sharjah Airport International Free Zone said.
"During the first half of this year, over 276 Indian companies registered in HFZA and more are coming. The UAE has become a global transit point and gateway to India, Africa and Asia and HFZA is very keen to expand its operations," Al Mazrouei said.
HFZA organised road-shows in Ludhiana and Chandigarh and had also participated in Franchise India 2014, an annual international show held recently in New Delhi.
Hamad Al Shamsi, Head of Sales at HFZA, who led the delegation to India, said, Franchise India 2014 was a huge success and that HFZA interacted with potential Indian firms and global investors.
