Groz-beckert
Coats digital transformationCoats digital transformationCoats digital transformationCoats digital transformation
Coats digital transformation
Groz-beckert
Coats Gigital

India-UAE-Israel trilateral trade could reach $110 bn by 2030

Tapping into the mutual strengths of India, Israel and the United Arab Emirates could propel the trilateral trade among these nations to $110 billion by 2030, Ilan Sztulman Starosta, head of the Israeli mission in Dubai, told an event organised by the International Federation of Indo-Israel Chambers of Commerce (IFIICC) to discuss ongoing business collaborations.

”UAE and India’s bilateral trade is projected to grow from $60 billion in 2020 to $100 billion by 2030. UAE is a gateway to the world and this trilateral with India and Israel could benefit the world,” UAE ambassador to India and founding patron of IFIICC Ahmed Abdul Rahman AlBanna was quoted as saying in a press release by IFIICC.

”The Indian business community in the UAE could significantly leverage the strengths of this trilateral to boost economic growth of all nations,” Aman Puri, Consul General of India to Dubai, said.

Ran Tuttnauer, honorary president of IFIICC in Israel and chairman of Israeli Manufacturers Council at Manufacturers Association of Israel (MAI) stressed that International business through the UAE in collaboration with India using Israeli Innovation will be the future..

IFIICC was launched on December 14 last year and is looking to set up offices globally, drawing the support of the Indian diaspora, the largest in the world.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img

Related News

KROHNE AND LEADERS IN POWER INDUSTRY COLLABORATE TO DRIVE CHANGE TOWARDS NET ZERO

The leading process instrumentation manufacturer discusses sustainable roadmap for...

Israel’s Nur Ink receives first commercial order for its environmentally friendly inks

Nur Ink Innovations Ltd, which engages in research and...

Israel’s Nilit joins the Ocean Foundation’s Blue Resilience Initiative

Nilit, an Israeli leader in high-quality Nylon 6.6 for...

A Special Edition of APLF to be held in Dubai from 30 March – 1 April 2022

The Organisers announced that APLF-Leather and Materials+ 2022 will...

Abu Dhabi Sustainability Group announces the dates for its Annual Sustainable Business Leadership Forum 2021

Abu Dhabi Sustainability Group (ADSG), announces the launch of the...

The MENA Largest Carpet Factory, Standard Carpets, Expands in Dubai Industrial City

Standard Carpets, the region’s largest producer and exporter of...

Textile Industry in Israel

Author: Forogh Shirzad - Kohan Textile Journal Israel is a...

Israel-based dyeing system maker Twine Solutions raises $28 million

Israel-based Twine Solutions that developed a digital on-demand thread...