A book depicting the experiences of entrepreneurs from the Indian community who founded successful businesses in the UAE has been launched here.
The book, 'The India Connection' is a part of a series titled 'Actions and Insights' that discusses Middle East and North Africa (MENA) affairs is published by the University of Wollongong in Dubai.
"Since the establishment of the UAE, our founding father, the late Sheikh Zayed bin Sultan Al Nahyan, realised the importance of developing strong relations especially with countries that have a significant impact - geographically, culturally, economically and politically - on the UAE, such as India," UAE Minister of State for Tolerance Sheikha Lubna bint Khalid Al Qasimi said.
"Sheikh Zayed's visit to India in 1975 helped establish growing and prosperous synergies between our two countries," she said.
In the book, researchers delved deep into the stories of entrepreneurs from the Indian community who settled in and founded successful businesses in the UAE.
They have also attempted to study the gradual shift of the centre of world economy from the West to the East - a phenomenon that has occupied the attention of experts and policy makers worldwide and one that merits ongoing monitoring.
"UAE is home to 77 per cent of India's exports to the region, with over 26,000 Indian companies registered with the Dubai Chamber of Commerce and Industry, including companies registered at free zones across the UAE. The total number of functional Indian companies in Dubai exceeds 50,000," Sanjay Verma, former Indian Consul-General in Dubai said.
The authors of the book Immanuel Azaad Moonesar, Assistant Professor at MBRSG, and Melodena Stephens Balakrishnan, Associate Professor at The University of Wollongong in Dubai (UOWD), were present in the occasion.
Consul-General of India to the UAE, Anurag Bhushan was also present.
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