ZonesCorp presents its unique offerings and value proposition to Indian companies
ZonesCorp, The Higher Corporation for Specialised Economic Zones of Abu Dhabi, held a series of high level one-on-one meetings with a number of leading Indian manufacturing companies on the first day of Abu Dhabi Week in Delhi. The Indian companies represent a range of sectors including mobile technology, industrial materials, FMCG, automotive, and packaging. During the meetings ZonesCorp presented a broad range of investment opportunities available to Indian businesses looking to expand in the UAE capital and access the wider MENA region (Middle East and North Africa).
During the meetings and throughout the week, ZonesCorp presented the broad range of investment opportunities available in its specialised economic zones for industrial companies from India.
ZonesCorp also showcased some of its partner companies including several leading Indian companies that have prospered in ZonesCorp’s supporting and competitive operating environment. One such company is Jindal Saw Gulf LLC, which is the Middle East arm of one of India’s largest steel producers and exporters of the $18 billion OP Jindal Group. Jindal Saw is a leading global manufacturer and supplier of iron and steel pipe products and accessories with manufacturing facilities in India, Abu Dhabi (UAE), the US and Europe. Since opening in the UAE with a single factory manufacturing cement, Jindal has gone from strength to strength and has invested more than $400 million over a 10 year period.
Prithvi Raj Jindal, Chairman (Non-Executive), Jindal SAW, said: “ZonesCorp has played a significant role in the growth of JSGL globally. A crucial part of our development has been the ability to easily access a large number of markets in the MENA region and ZonesCorp allows us to do this not only thanks to tariff free access to a range of markets but also its geo strategic location and state of the art infrastructure. Furthermore, its operating model that brings together companies from across the value chain has improved our operational efficiency and brought down costs. With Zones Corp as its partner, JSGL established itself within the UAE in a short period of time, ZonesCorp supported our rapid expansion as we have needed to. JSGL now services 34 countries globally.”
In addition to participating as a Platinum Sponsor in the Abu Dhabi Week India in Delhi and Mumbai, ZonesCorp also organised two forums on February 7, in Guragon and Chandigarh in collaboration with the CII.