SCCI Launches Trade Mission To India With Business Forum In Chennai

The Sharjah Chamber of Commerce and Industry (SCCI) kicked off its trade mission to India with the Sharjah-India Business Forum held in Chennai, a city located in India.

The forum featured more than 160 bilateral businesses participating in the event and more than 100 Indian companies in Chennai. The event highlighted SCCI's dedication to helping Emirati businesses grow in India by facilitating its members to connect with key stakeholders across various sectors.

Abdullah Sultan Al Owais, Chairman of the SCCI; Waleed Abdul Rahman Bukhatir, Second Vice Chairman of the SCCI Board of Directors, and Ziyad Mohmoud Khairalla, Board Member Honorary Treasure at SCCI, attended the forum, WAM reported.

Aziz Al Shamsi, Assistant Director-General for Communication and Business Sector at SCCI; Jamal Saeed Buzangal, Director of the Media Department at SCCI, Marwan Salem Al Muhairi, Head of Exhibitions at the Sharjah Exports Development Centre (SEDC) affiliated with Sharjah Chamber; and Sultan Abdullah Al Ali, Head of the Investor Services Department at SCCI, were also present at the event.

During the event, the delegation from the Sharjah Chamber discussed working with the trade and industrial chambers and investment authorities in Chennai, to encourage more Indian business owners to invest in Sharjah and help Sharjah-based businesses to grow in India.

By 2030, the trade between the two countries is expected to reach $250 billion. The UAE is the seventh biggest investor in India due to its investments reaching around $18 billion last year.

Speaking during the event, the Chairman of the SCCI said that the Sharjah-India Business Forum shows the Sharjah Chamber's commitment to strengthening collaboration between businessmen and investors from both countries, especially from Chennai and Sharjah.

The event witnessed both countries discussing ways to enhance their collaboration, aside from increasing the exchange of information regarding investment opportunities. The SCCI's trade mission also had a meeting with "Guidance Tamil Nadu," the investment promotion agency of the Government of Tamil Nadu in India.