Hamriyah Free Zone Authority (HFZA), the free zone in the city of Sharjah, UAE, organised road shows and participated in an exhibition in New Delhi, India, recently.

The events took place at Ludhiana and Chandigarh in New Delhi.
 
Saud Salim Al Mazrouei, director, HFZA and Sharjah Airport International Free Zone (Saif Zone), said: “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.”

He added: “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.

“The annual International show, ‘Franchise India 2014’ that was held in New Delhi was a huge success and we interacted with potential Indian firms and global investors,” said Hamad Al Shamsi, head of sales at HFZA, who led the delegation to India.

The event attracted over 35,000 business investors from India and neighbouring countries including the Middle East, Nepal, Pakistan and Sri Lanka and others.

At separate road shows in Chandigarh and Ludhiana cities in Punjab state, the HFZA delegates shared the advantages offered by the Free Zone at an interactive seminar titled Investment opportunities in Hamriyah Free Zone.

Sharjah plays an important role as the pre-eminent industrial base of the UAE, with its unique strategic location between three continents, serving a growing market of two billion people. The emirate also has a well-developed infrastructure, geared to industry and trade at all levels to serve Gulf, regional and international markets. – TradeArabia News Service