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Sun 6 May 2012 07:19 PM

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Fifth of firms in Dubai's JLT are Indian

Free zone to launch road show in a bid to attract more firms from Subcontinent

Fifth of firms in Dubai's JLT are Indian
A sign advertises offices to lease at Jumeirah Lakes Towers in Dubai. (Getty Images)

A fifth of the 612 new companies
that set up in Dubai's Jumeirah Lakes Towers (JLT) Free Zone in the first four
months of 2012 were from India, operating authority the Dubai Multi Commodities
Centre Authority (DMCC) said on Sunday.

Some of the new firms that have set up in JLT include Reliance Industries, Veedol International, Raj
Petrochemicals, Malayalam Communications and Simbhaoli Sugar.

In a bid to boost the number of
Indian companies, the free zone will launch a road show across the country,
taking in New Delhi and Mumbai between the May 8 and 11.

"India is a huge market for
us and over the past months and years we have been fortunate enough to attract
a large number of Indian businesses and entrepreneurs to Dubai,” said James
Bernard, business development director at DMCC.

“These road shows are designed to
provide a platform for interested companies and individuals in India to come
and meet with us and even to start registering their companies there and then
on location in Delhi and Mumbai,” he added.

In total, there are over 4,200
companies registered with the JLT Free Zone, of which around 700 are currently
from India.

Hoora 7 years ago

So now we will soon call Dubai little India

SELWIN ILANGOVAN 7 years ago

Hi every one,

Very nice to know that.. Actually India has played major role in the development of Gulf including UAE as well. Since long business relationship was established and continued with mutual benefit to both the Countries..
It will good for JLT administration , UAE as well as Indian Companies that has been registered there..
It will bring prosperity to both the Countries without fail.
Our good wishes to these Indian Companies as well as JLT Administration and to all those involved in UAE Development.
Regards and God Bless U.A.E. and its Rulers always.
Regards
Selwin Ilangovan

cecil 7 years ago

We already call it little India since ages ago, I guess you are a new expat, or were hiding in the caves of Fujairah.

Anand Mehta 7 years ago

give indian the basic rights they have invested in ur country ! ( citizeships ) etc.

Bless Marysol 6 years ago

The royal care medical centre ,1lake plaza, JLT IS REOPENED.
It is owned and managed by an INDIAN.

It has all speciality with dedicated ,experienced doctors and
nurses