PHD Chamber of Commerce and Industry, a leading industry chamber in India with over 112 years of history, has opened its first international office in Bahrain to promote bilateral trade between India and the entire GCC region.
PHD Chamber president Anil Khaitan said: “We have selected Bahrain as the location of our first international office after careful consideration as we will be able to cover all GCC countries from here. Our activities as a chamber are driven by the business DNA and acumen which is within our membership. So we have mobilised tie-ups with a network of 90 worldwide chambers of commerce for allowing a one-to-one interaction between the industry and government peers across borders.
“Our concept behind the chamber’s office in Bahrain is to promote direct business to business opportunities for our members,” he added.
The chambers has assigned the representational office duties to be managed by Al Hilal Group, one of the GCC’s leading media houses. Under an MoU between PHD Chambers and Al Hilal Group, the “office” will represent and promote the business interests of PHD members on a request basis across the GCC.
Anwar Abdulrahman, chairman of Al Hilal Group, said: “Our company is committed to promote the Kingdom of Bahrain wherever possible through our media and exhibitions. We are honoured by the faith placed in Bahrain and Al
Hilal by the PHD Board for their first formal foot-hold in the region. Our partnership with PHD Chambers is a unique platform that brings to Bahrain business opportunities between the business communities of Bahrain and India.”
Commenting on the choice of Bahrain, Khaitan said: “PHD Chamber and Al Hilal have been in direct working contact for the last four years. Al Hilal have been self-less in their support to encourage business opportunities in the GCC and Bahrain for our members through their media products and their first-class exhibitions.
“Bahrain offers for us an excellent gateway to the rest of the GCC. We are excited to be able to utilise the business development skills and mindset of the Al Hilal team with the potential for our members from the excellent business location that Bahrain provides,” he said.
The agreement follows the success of the Bahrain-India Business Partnership event in New Delhi, which was organised by the PHD Chamber. The event was a follow-up to the successful Indian Business Partnership Summit hosted by the Al Hilal Group in February during the Gulf Industry Fair in Manama.
The MoU will be signed by Anwar Abdulrahman and Anil Khaitan on behalf of the two organisations. – TradeArabia News Service