ESC holds virtual B2B meet to boost UAE-India IT trade
IT to play very important role in furthering economic links between two nations
India's Electronics and Computer Software Export Promotion Council (ESC), with the support of the Embassy of India of Abu Dhabi, organised a virtual B2B meeting between the UAE and India industry on Tuesday, with an objective to augment electronics and IT trade between the two countries.
The emanation of the ESC in the late-1980s was when software export was unknown, IT export volume was just a few millions of dollars and was limited to the United States. Today, India exports $155 billion to several destinations, be they developed, developing, emerging or least-developed markets.
Ever since the ESC started exporting software products and solutions, strategies and trust have changed. India has moved to high-end products and complex solutions, and those changes are gradual and enduring, creating better lives the world over.
The UAE and India are making good efforts to scale their economic and trade links to new heights and it is anticipated that economic and trade links between the two countries will deepen further. And IT could play a very important role in furthering the trade between them, said Gurmeet Singh, executive director of the ESC.
Kamal Vachani during the virtual meeting
The event was graced by Sandeep Kumar Bayyapu, Deputy Chief of Mission of the Embassy of India in Abu Dhabi, who highlighted that the initiative of organising the virtual B2B meet will create more strategic partnerships between the two countries.
Around 80 participants from both sides interacted with each other for creating synergies for growth.
"We are sure that this initiative will lead to further the ICT trade between both countries," said Kamal Vachani, regional director of the ESC in Dubai.
ESC chairman Sandeep Narula invited the UAE industry to explore the world of innovations by visiting the council's signature annual event, the IndiaSoft exhibition and conferences, which is entering its 21st edition n March 2021. Vachani, meanwhile, invited the Indian IT industry to explore Gitex in Dubai, which will further business between India and the countries in Middle East and the UAE in particular.
"We invite the UAE and the world to invest in our growth story," says ... READ MORE
As per the plan, the consortium plans to re-launch the full-service... READ MORE
The airline currently operates the A380 to Cairo, Paris, London... READ MORE
Tickets are available from October 22 to 25, for travel between... READ MORE
More than 12.66 million Covid-19 tests have been carried out in the... READ MORE
Growth Market to be launched in early 2021 in line with first IPOs. READ MORE
If clinical trials are successful, the drug could cut down the... READ MORE
US elections were easier before, when most people voted in polling... READ MORE