PR No – 59
15th March, 2024
New Delhi
Fifth day of PHDCCI’s International Week Highlights Trade Cooperation and Economic Growth Prospects in the Gulf region
The ongoing PHDCCI International Week reached its 5th day today, March 15th, at PHD House in Delhi, with a focus on INDIA – GULF DAY under the theme “Prospects for Trade Cooperation and Economic Recovery.” The day was characterized by insightful discussions aimed at fostering trade relations and economic growth between India and the Gulf countries.
H.E. Dr. Bassam Alkhatib, Ambassador of the Syrian Arab Republic to India, stated that culture doesn’t go beyond boundaries without trade. Every country in the Gulf has a unique culture and opportunities to offer, and for neighboring countries, there is a significant chance for India to explore small, medium, and large enterprises in the sub-countries of the Gulf. He remarked that the Indian Ocean is vast, and the prospects of trade cooperation are immense. He added that India is among the very few countries that have maintained friendly relations with Syria. He further discussed the huge potential for trade between the two countries in sectors such as healthcare, infrastructure, fertilizers, and technology.
Mr. Naveen Seth, Deputy Secretary General, PHDCCI, expressed optimism about the outcomes of INDIA – GULF DAY, noting the collaborative efforts to enhance trade cooperation and stimulate economic growth.
The discussions held during INDIA – GULF DAY underscored the commitment of stakeholders to deepen bilateral ties and explore avenues for mutual growth. Such collaborative events play a crucial role in enhancing mutual understanding, strengthening partnerships, and paving the way for future cooperation. PHDCCI’s proactive role in organizing these discussions demonstrates its commitment to facilitating dialogue and driving economic progress across borders. By bringing together key stakeholders and thought leaders, PHDCCI continues to serve as a catalyst for fostering sustainable trade partnerships and driving collective prosperity in the region and beyond.
The Event was sponsored by Arise IIP Africa, Foundation of Healthcare and Wellness Promotion, India, Stone Roads International, E Pack Durables, Apeejay Education and Apeejay School International as Strategic Sponsors, Silver Arrows as Luxury Partner, Reliance Retail as Associate Partner and Filatex as Co-Sponsor and was supported by PHDCCI annual sponsors, DLF Ltd; Jindal Steel & Power; KLJ Group; Multani Pharmaceuticals Ltd; Marble City; MMG Group; Radico Khaitan Ltd; Uflex Ltd; Vestige; Eazy ERP Technologies; JK Tyre & Industries Ltd; Sagar Group of Industries; Superior Industries Limited; Samsung India Electronics; Oswal Greentech; Apeejay Stya Group; Blossom Kochhar Beauty Products Pvt Ltd; DCM Shriram; R E Rogers; Trident Group; Ajit Industries Pvt Ltd; Bhagwati Plastic and Pipes Industries; Central Coalfields Ltd; DD Pharmaceutical Ltd.; Hindware Sanitary; Jindal Steel; Modern Automobiles; P S BEDI & Co.
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Warm Regards,
Media Division
PHD Chamber of Commerce and Industry