The vital economic topics of manufacturing, AgriTech, food processing, and fintech will be thoroughly discussed during the India-UAE Partnership Summit, which is set to take place here next week, according to a formal statement released by the organisers.
The event, which is scheduled for January 24, is being conducted in partnership with the Dubai Chamber, and Piyush Goyal, the minister of commerce and industry, will give a speech.
Given that Indian entrepreneurs raised USD 42 billion and added 46 unicorns in 2021 and that the Production-Linked Incentive (PLI) scheme is boosting the manufacturing sector in India, a summit session on manufacturing and startups is timely.
They claim that the UAE is a desirable location for conducting business due to the Golden Visa Scheme, ease of doing business, advantageous tax structure, ease of living, and a number of other policies.
Business is openly flowing in both directions. According to the statement, there are chances that need to be found on both sides by entrepreneurs and investors.
In the changing geopolitical climate, food security is also becoming of the utmost importance. The importance of agritech and food processing is likely to increase significantly as technology is anticipated to play a significant role in meeting the need for security and the evolving landscape of dietary preferences.
The industry’s watchwords include drones, biomass, technological developments, and all of the above, according to the statement.