ASSOCHAM to organise Interactive Session on “Expanding Your Business in UAE”

Ludhiana industry leaders to get a chance to meet with high powered delegation from  UAE
Ludhiana, June 21, 2022: The Associated Chamber of Commerce and Industries of India (ASSOCHAM), one of the oldest apex chambers in India, is organizing a conference cum interactive session with a high powered delegation from Sharjah Airport International Free  Zone(SAIF), UAE on 24th June at Hotel Radisson Blu, Ludhiana. Themed  on 'Expanding Business Globally' the conference and B2B meetings that will be spread over June 24-25 will help city based industrialists understand the benefits of Free Trade Zones towards enhancing and promoting exports from the state of Punjab to UAE.

Industry representatives can become a part of this important initiative and explore expanding their business globally. The conference will be followed by B2B Meetings on 24th June and these will continue till 25th June evening. There is no registration fee to attend this program, but it is mandatory to get your registration done. 

Vijay Garg, Chairman Punjab State council, ASSOCHAM and Managing Director, Vivachem said, “Ludhiana is a major industrial centre of northern India famous for its Apparel industry, Manufacturing woollen garments and hosiery apparel, hand tools and industrial equipment, bicycle manufacturing, bicycle parts and metals fabrication. Although exports from the city have increased in the last decade, we feel that the potential that exists in Ludhiana is still largely unexplored. The upcoming session will provide some very good insights to business owners from Ludhiana to  ramp up exports through the SAIF zone."
ASSOCHAM has been aligned with the government initiatives to promote MSMEs and has initiated a series of engagements to achieve this goal. The Interactive session being organized on 24 June in Ludhiana is part of ASSOCHAM’s initiatives to promote Indian MSMEs through connecting them with global organizations. The United Arab Emirates (UAE) has long been an attractive destination for entrepreneurs the world over, because of well-developed and diversified economy, excellent infrastructure and transport links and a unique low tax regime.But while these may be the factors that get the headlines, there’s another major reason why so many flock to the UAE’s shores to conduct business - Free Zones. Also known as free trade zones, these are economic areas where goods and services can be traded. Free trade zones attract 0% tax rates, 100% Ownership, preferential customs duty rates and 100% import and export tax exemption.

The session will focus on explaining the benefits of starting business in SAIF Zone and how Indian companies can take advantage of making their base in UAE and exporting to the rest of the world.