Hamriyah Free Zone Authority, HFZA, has organised road-shows in the Indian cities of Ludhiana and Chandigarh, and had also participated in Franchise India 2014, an annual international show held recently in New Delhi.
Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority, 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.
"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," he added.
Hamad Al Shamsi, Head of Sales at HFZA, who led the delegation to India, said, "Franchise India 2014 was a huge success and we interacted with potential Indian firms and global investors." The event attracted over 35,000 business investors from India and neighbouring countries including the Middle East, Nepal, Pakistan, Sri Lanka and others.
At separate road shows in Chandigarh and Ludhiana, the HFZA delegation shared the advantages offered by the free zone at an interactive seminar entitled "Investment opportunities in Hamriyah Free Zone".