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Market: Qatar-India Mission to boost bilateral trade

Fiinews by Fiinews
March 6, 2023
in Markets
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Qatar to showcase aluminium alloys, oil, wax, wellheads at Mumbai trade show

In addition to opening new horizons for Indian companies to partner with leading manufacturers and service providers in Qatar, a trade mission will raise awareness of the manufacturing and service capabilities in the emirate to boost bilateral trade beyond US$15 billion at a show to be held 15-16 Mar 2023 in Mumbai.

Qatar Development Bank (QDB) will lead the “Qatar-India Trade Mission 2023” with support from both countries’ governments.

The Mission 2023 will serve importers, wholesalers, distributors and enterprises operating in various products and services sectors.

Leading exporters from Qatar, representing the manufacturing and services sectors, will be present at the event.

The key manufacturing sectors include aluminium alloys, aluminium profiles and structures, base oils, copper wires, semi-treated wax, medical devices, syringes, valves and wellheads.

Key service sectors include waste management, healthcare, event solutions, educational technology, fintech solutions, F&B services, health tech solutions and ride hailing applications.

Highlights of the Mission 2023 will include pre-arranged meetings, site visits and networking opportunities for Indian enterprises with Qatar-based companies.

This will open new avenues for Indian companies to evaluate imports of products and services from Qatar to achieve business growth.

The event is expected to boost business relations between Qatar and India, thereby contributing to their economic cooperation goals, said QDB which has conducted multiple trade missions across the globe through (Tasdeer) which is Qatar’ Export Development and Promotion Agency.

During 2022, the Bank organised almost 20 international exhibitions and matchmaking events, with over 160 Qatar-based participating SMEs in international exhibitions, with the volume of matchmaking contracts increasing to over US$234 million, a 187% growth over 2021. fiinews.com

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