Currently, there are over 4 million small and medium businesses and professional practitioners among the Indian Diaspora. GCCI chapters would help to network them locally and globally, which will greatly benefit them. As a connected society, this will help the small and medium businesses among the Diaspora and their counterparts in India.

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“One of the main focuses of this budget is to create employment for which the Government has sought to use the Social Security Scheme as a tool. Skilling one Crore youths in top Companies in five years under the ‘Prime Minister’s Internship’ program is another step in the same direction. There is some relief for the salaried class on the personal income tax front. However, there are no major steps to increase consumption. The industry was expecting an extension of date with regards to the concessional rate of Income Tax at 15% for new domestic manufacturing units. There is disappointment on this front.“

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The two-hour session will feature distinguished speakers, including Achim Fabig, Consul General, German Consulate General, Mumbai; Andreas Konert, Head of Business Development and Sales; and Ute Brockmann, Deputy Director General, Indo-German Chamber of Commerce. It will focus on the Pharma and Chemical industries in India, sharing insights on India’s pathways for industrial growth and sustainable development in process industries, and the transformative journey that the country is currently undertaking.

As a run-up to the upcoming ACHEMA 2024 in Frankfurt, Germany, the session will emphasize their role as ideal platforms for “inspiring strong connections” between process industry experts, decision-makers, and solution providers. It aims to shed light on the critical theme of “Navigating Industrial Growth and Sustainable Development” within the Indian landscape.

Andreas Konert, Head of Business Development & Sales for DECHEMA Ausstellungs-GmbH said, “This event is not just a presentation; it’s a platform for fostering connections, sharing knowledge, and paving the way for sustainable development. We believe that the collaboration between ACHEMA and the Indo-German Chamber of Commerce will facilitate a deeper understanding of the transformative changes occurring in the Indian Pharma and Chemical industry”. 

As India takes center stage in innovative advancements across pharmaceuticals, biotech, chemicals, food processing, and healthcare, the discussion will delve into how these industries can contribute to welfare, well-being, and sustainability. Attendees will have the chance to engage with industry leaders, gain valuable insights, and contribute to the ongoing discourse on sustainable industrial growth.

The session does not include any commercials for participation. You can confirm your participation by filling out the RSVP form here.

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Al Ghurair notes that while globalization has transformed economies and made the world more interconnected than ever before, the effects of the pandemic, ongoing geopolitical issues, and persistent inflation are all making their mark on the global economic system. As a result, there has been a shift towards ‘deglobalization’ and the formation of new regionalized economic blocs.

However, Al Ghurair believes that Dubai can continue to benefit from the new face of globalization by leveraging its location and capitalizing on the strong growth in foreign investments in the emirate. He notes that the Dubai Government has launched the Dubai Economic Agenda (D33), which aims to double the size of the emirate’s economy by 2033 through 100 transformational projects. These projects will advance Dubai’s plans for green and sustainable manufacturing, add 400 cities to Dubai’s foreign trade map, open economic corridors with Africa, Latin America, and Southeast Asia, and much more.

To ensure Dubai’s position as a worldwide gateway for business and trade, Al Ghurair notes that the Dubai International Chamber has launched ‘Dubai Global,’ an initiative designed to establish a powerful network of 50 integrated representative offices in five continents by the end of the decade. Through this network, Dubai is accelerating towards the D33 targets of increasing FDI to over AED 650 billion over the coming 10 years and boosting foreign trade in goods and services to AED 25.6 trillion, while strengthening bilateral trade and supporting the international growth of Dubai companies.

Al Ghurair believes that by remaining agile and open to opportunities on all fronts, Dubai will continue to lead the world as a hub for innovation, international trade, and tech-driven enterprise. The Dubai Business Forum, which will gather key public and private stakeholders from across the globe for a transformational two-day program of networking and dealmaking, creates a perfect opportunity for the Dubai business community to connect with international organizations from near and far, supporting the emirate’s regional and global ambitions.

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According to data from the Dubai Chamber of Commerce, the Southern Africa region recorded the highest regional growth in the value of chamber members’ exports and re-exports during H1 2023. This key economic indicator witnessed year-on-year growth of 81% to reach a total value of AED 477.2 million, up from AED 264 million in the corresponding period in 2022.

His Excellency Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai Chambers, commented: “This prestigious event will serve as a catalyst for change by creating an unrivalled platform for networking and deal-making that will empower business leaders from across the globe and reinforce Dubai’s position at the heart of the global economy. We look forward to hosting insightful sessions that will unlock new opportunities for growth in trade and investment and transform the future of business.”

The Dubai Business Forum will play an important role in determining the future direction of trade and investment between the Middle East and Africa. With Dubai leading the world across a wide range of industries, the forum will gather visionary Heads of State, government officials, global business leaders, and major international investors to empower business leaders from across the globe and reinforce Dubai’s position at the heart of the global economy.

As part of the Dubai Business Forum, Dubai Chambers is also unveiling ‘The Deals Hub’ to unlock global trade and investment opportunities. The dedicated deal-making space will host a full spectrum of agreements, including major partnerships, joint ventures, mergers and acquisitions, IPOs, large investments and fundraising rounds, government contracts, cross-border trade agreements, and memorandums of understanding.

Dubai’s strategic location as a global gateway for business and international trade positions it as the ideal venue to host an event of this significance. Recognized as one of the world’s leading centers for innovation and partnerships, the emirate serves as a commercial bridge connecting continents that drive economic growth and global collaboration.

The Dubai Business Forum is set to be a catalyst for change by creating an unrivaled platform for networking and deal-making that will empower business leaders from across the globe and reinforce Dubai’s position at the heart of the global economy.

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iTV network channels- India News and NewsX has won accolades in different categories viz. –

1. Aishwarya Pandit Sharma, Chairperson, iTV Foundation has won the award for the Most Influential Leader of the Year.

2. NewsX has won the award for India’s Leading Brand 

3. India News has won the award for India’s Leading Brand.

4. Individual recognition shone upon Rana Yashwant, Managing Editor, India News as he bagged the award for Change Maker of the Year.

5. Rishabh Gulati, Managing Editor, NewsX won the award for Change Maker of the Year.

6. Pooja Gupta, Vice President of Brand and Content Marketing won the award for Her Story – Women Changemaker.

On this occasion, Aishwarya Pandit Sharma, Chairperson, of iTV Foundation said, “I am delighted that iTV network won these awards, as we have always believed in ethical and courageous journalism. These awards underscore iTV network’s unwavering commitment to delivering top-tier news to its audiences and are a testament to our excellence in news broadcasting.”

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