Dubai Exports (DE), the export promotion agency of the Department of Economic Development (DED), has opened an office in Mumbai to strengthen overseas presence and reinforce its position as an export hub.
The exports office in India will enhance the visibility of goods and services from Dubai and provide vital on-the-ground services to small and medium size firms in their pursuit of overseas markets.
The new office will work in coordination with the representative office of the Department of Tourism and Commerce Marketing (DTCM) in Mumbai.
"India is the leading trade partner of Dubai and our total bilateral trade during the first nine months of 2013 was worth over AED 111 billion. Dubai Exports opening its office in Mumbai is a milestone by all means as it marks a consolidated move by government agencies to optimise opportunities in a strategic market," Sami Al Qamzi, Director General of DED, said in a statement.
"Dubai Exports being present in India will reinforce Dubai's position as an export and re-export hub for Indian companies, and we anticipate a 5 to 10 per cent growth in bilateral trade as a direct result of the office," he said.
It will also underline the significance of the Dubai Overseas Promotion Policy, which seeks co-ordinated efforts by Dubai Government entities in foreign markets, Al Qamzi added.
Helal Saeed Almarri, Director General of DTCM, said India is an important market for DTCM and consistently one of our top 10 source markets for visitors to Dubai, with latest figures positioning it as second.
"The 14 per cent year-on-year growth in visitor numbers for the first three quarters of 2013 demonstrates the high growth potential which will come from both leisure and business travellers," Almarri said.
According to him, DTCM India office is one of the 20 operating centres in overseas markets.
"Last year we conducted several roadshows in India, participated in a range of events and operated specific campaigns to ensure that Dubai is consistently positioned as a destination of choice," he said.
The partnership with Dubai Exports will further deepen Dubai's relationship with India's tourism and trade industries and is a demonstration of the unified efforts of Dubai entities in promoting the emirate, Almarri said.
