Indian Industries are tapping into the UAQ’s new Industrial land for factories, warehouses and logistic hub with the Growing India- UAE Trade Relations
Umm Al Quwain, UAE - In recent years, the United Arab Emirates (UAE) has witnessed impressive growth in its industrial sector. The Umm Al Quwain (UAQ) Free Trade Zone has emerged as a leading hub for businesses seeking to invest in industrial land for manufacturing, residential projects, and the export or re-export of goods worldwide. With India's exports to the UAE projected to reach USD32 billion in FY 2022-23, a 14 percent increase over the previous financial year, there has never been a better time for Indian investors to tap into this lucrative market.
Investment Benefits and Flexibility is the key.
Investing in industrial land within the UAQ Free Trade Zone presents immense potential for businesses aiming for sustainable growth. With the well-developed infrastructure in place, including electricity, water, and telecommunications services, investors can concentrate on expanding their business operations seamlessly. The UAQ Free Trade Zone offers unparalleled flexibility in terms of land plots, multiple industrial land options, and customizable lease terms, allowing businesses to choose a plot that meets their specific requirements.
Strategic Location and Logistics Advantages for Indian Businesses
Strategically located to facilitate easy access to the Gulf Cooperation Council (GCC) countries, Asia, Africa, and Europe, the UAQ Free Trade Zone enables businesses to effortlessly import and export goods to global markets. Its proximity to major Emirates, seaports, and airports makes it a prime location for businesses. With India and the UAE discussing the integration of their customs and logistics portals, the business environment is expected to improve further for Indian investors.
Seizing Opportunities in the New Financial Year
The UAQ Free Trade Zone represents a unique opportunity for businesses seeking to benefit from the robust and expanding India-UAE trade relations in the new financial year. Its strategic location, state-of-the-art infrastructure, customizable leasing options, and transparent pricing make it a highly attractive investment destination for Indian investors. By choosing to invest in the UAQ Free Trade Zone, businesses can leverage the thriving UAE market and tap into the vast commercial and infrastructure development potential within the region. As the India-UAE partnership continues to strengthen, now is the opportune moment for investors from India to consider expanding their horizons and explore the possibilities that the UAQ Free Trade Zone has to offer.
Celebrating Indian Success Stories
Hundreds of Indian companies like Forum Chemicals Industry and Umm Al Quwain Paper Products FZE have found success in the UAQ Free Trade Zone, leveraging the advantages and potential that this strategic location offer. Sandeep K. Bhatt, from Forum Chemicals Industry, shared his positive experience, stating, "Our growth and success in the UAQ Free Trade Zone can be attributed to the excellent infrastructure, business-friendly environment, and access to a skilled workforce. It has allowed us to expand our operations and thrive in a competitive market."
Similarly, Faizuddin Mohammed, Executive Director of Umm Al Quwain Paper Products FZE, expressed his success journey, highlighting, "The strategic location and ease of doing business have significantly contributed to our company's continuous growth in line with industry standards. We look forward to achieving new milestones in this thriving business ecosystem."
Johnson George, General Manager of UAQ Free Trade Zone, encourages Indian businesses not to miss out on the timing and opportunity to expanding their operations to the UAQ Free Trade Zone. "We recognize the strong economic ties between India and the UAE, and we are committed to supporting Indian companies in their growth journey. Investing in the new industrial land within the UAQ Free Trade Zone is an excellent opportunity now for Indian businesses to benefit from our strategic location, top-notch infrastructure, and favourable business environment. We invite Indian companies to join our thriving community and experience unparalleled success in the UAE."
Skilled Workforce and Business Support
The UAQ Free Trade Zone boasts a skilled, multilingual workforce, proximity to readily available raw materials, and resources for a variety of industries, making it the perfect setting for industrial and business development. Investors can also expect comprehensive support services, including assistance with the fastest company registration in the region, licensing, and other administrative processes, ensuring a smooth and hassle-free setup for businesses.
Enhancing Trade Relations for Prosperous years ahead
The strong ties between India and the UAE continue to flourish, with both countries committed to enhancing bilateral trade and investment opportunities. The UAQ Free Trade Zone's strategic advantages, combined with the ongoing collaboration between the two nations, create a favourable environment for Indian companies to grow and prosper in the UAE market and beyond.
Capitalizing on Opportunities at the right time
As the new financial year begins, Indian businesses could capitalize on the burgeoning market and robust India-UAE trade relations by investing in the UAQ Free Trade Zone. With its well-developed infrastructure, strategic location, skilled workforce, and flexible leasing options, the UAQ Free Trade Zone is the ideal destination for Indian companies seeking to expand their horizons and achieve lasting success in the global market. The time is now to seize this opportunity and embark on a journey of growth and prosperity in the UAE's thriving business ecosystem.
Source: Embracing The India-UAE Trade Boom: Industrial Land Investment Opportunities In The UAQ Free Trade Zone | BW- BusinessWorld
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