Ras Al Khaimah Economic Zone (Rakez) has launched its new office in India at the strategically important Bandra Kurla Complex in Mumbai in a bid to strengthen ties with overseas clients.

The opening of the office, which was witnessed by Sheikh Ahmed bin Saqr Al Qasimi, Rakez chairman, VIP government representatives and senior industry leaders, reflects Rakez’s extremely important and growing role as a leading investment destination for Indian companies, a statement said.

Nearly 3,000 Indian firms have already chosen Rakez because of its cost-effective environment, simplified processes, superior logistics and global connectivity.

Al Qasimi said: “For a long time, India has been an important market for us -20 per cent of the companies at Rakez are from India. Standing here today, I can see how incredibly dynamic the Indian business community is, right here in the vibrant Bandra Kurla Complex.

“That’s why we’ve chosen to open our new office here – because it brings us closer our clients and to the exciting diversity of businesses in this region, which I very much hope will soon join us and become part of the Rakez family.”

Rakez is home to Indian companies from a wide range of industries, including manufacturing, trading and logistics, education, tourism, services and real estate.

These include giants such as Ashok Leyland, GK Technologies and Mahindra who all enjoy premium services and cost-effective facilities. For thousands of Indian investors and firms looking for an easier and more cost-effective way to expand overseas, Rakez offers an easy way to get up and running, with fit-for-purpose infrastructure, reduced paperwork and proximity to neighbouring emirates and GCC countries. – TradeArabia News Service