Sharjah’s SAIF Zone offers better opportunities for businesses looking to expand globally

Bengaluru, Feb 18: To facilitate Indian businesses to grow globally, FIEO Karnataka chapter organized a session on “International Business Forum – Expanding business globally with Sharjah Airport International Free (SAIF) Zone” at Renaissance by Marriott, Bengaluru today. The event was attended by H.E. Saud Al Mazrouei, Director, SAIF ZONE authority and Jithin Varrier, Business Development Officer, SAIF Zone Authority, highlighted business opportunities in SAIF zone for Indian businesses to grow.

The event was also graced by Smt D A Thejeswari, Managing committee member of FIEO and director of Mysore Fruit Products Pvt Ltd, Rajesh Mehta, Founder, Rajesh Exports, Smt. Soma Chowdhury, Deputy Director and Karnataka Head FIEO.

“Indians have emerged as important investors within the UAE and India as an important export destination for the UAE manufactured goods. India-UAE trade today is around $60 billion making UAE India’s third largest trading partner after China and US” said Smt. D A Thejeswari

H.E. Saud Al Mazrouei said “The bond between the countries goes deeper than business and has been beneficial and progressive for both nations. Sharjah being the third largest and most diversified economy in the UAE holds many opportunities for Indian investors. With 23 years old, SIAF Zone is the fastest growing free trade zones. Tax exemptions world-class infrastructures being seamless, neat and quick making it a premier destination for investments”

Jitin Varrier of SAIF Zone said “SAIF Zone provides every possible facility for businessmen to set up their enterprise in UAE. Facilities ranging from tax and duty exemptions to all getting clearances within 24 hours, multiple licensing facilities, access to billions of consumers, etc.,”

A question and answer session were arranged at the end.

FEIO, Karnataka has offered support for businesses in Karnataka looking to open up into Sharjah and take benefit of the SAIF ZONE. For more details to set up business in SAIF  ZONE one could contact FIEO on +91 -080-22864854/55 or email to fieoblr@fieo.org

Federation of Indian Export Organizations (FIEO) is a setup by the Ministry of Commerce & Industry, Government of India.

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