A team from Hamriyah Free Zone Authority (HFZA) recently participated in the ‘Make in India’ week in Mumbai, which attracted government delegations from 49 nations and business teams from 68 countries.

The five-day event, the largest of its kind in India, was opened by Indian Prime Minister Narendra Modi.

During the event, HFZA also organised a seminar titled “Make in India- Global opportunities” at the Grand Hyatt Mumbai, said a statement.

The seminar also discussed on the fast emerging business ecosystem across the world vis-a-vis the challenges for the growth of the sector, it said.

Additionally, industry leaders spoke on topics ranging from capital markets for small and medium enterprises (SMEs) to marketing endeavours to technology.

Saud Salim Al Mazrouei, director of HFZA and Sharjah Airport International Free Zone, said: “With the plentiful resources that India has, it can easily become the most preferred global manufacturing destination and Hamriyah Free Zone is the best hub to trade the Indian products globally.”

“In addition to its many advantages, HFZA’s geographical position allows easy access to other countries in the region and beyond,” he said.

“The demand from Indian companies has been growing and we received 352 new Indian companies in 2015. Currently, we have a total number of 2089 Indian-owned companies in Hamriyah Free Zone,” he added. – TradeArabia News Service