Published On: 17-5-2018

– IBPC President: IBPC will align activities with objectives of Dubai Plan 2021 to ensure that its members are “future- ready”

– Dubai Chamber’s new representative office in Mumbai expected to play key role in fuelling bilateral trade and investment

Dubai, UAE: The Indian Business & Professional Council (IBPC) in Dubai recently hosted a meeting in cooperation with Dubai Chamber of Commerce and Industry which commemorated the Year of Zayed and highlighted the Council’s efforts to strengthen UAE-India economic ties in the near future.
The joint meeting, held at Dubai Chamber’s premises under the theme “Well-Founded and Future Ready”, featured a presentation which focused on the great contributions made by the late Sheikh

Zayed bin Sultan Al Nahyan towards enhancing relations between the UAE and India, and reflected on his forward-looking vision, values and legacy. The event connected IBPC members and provided an ideal platform for Indian businessmen in Dubai to discuss various issues of mutual interest.

During the meeting, Mr. Suresh Kumar, President of the IBPC, highlighted the IBPC’s achievements, as well as the important role the Council has played in strengthening UAE-India trade and investment ties. He explained how the Council has served as a catalyst for fuelling UAE-India trade and investment since its establishment in 2003, adding that it will plan to scale up its efforts in this area.

Mr. Kumar noted that the IBPC will aim to strengthen its sector-focus in the near future and expand its links with major business houses in the UAE, in addition to their counterparts in India, especially those with strong synergies.

He added that the IBPC, with the cooperation and support of Dubai Chamber, would align its activities with the objectives of Dubai Plan 2021, and provide a blueprint for companies to become “future-ready”, adding that these efforts would bring about several benefits to all stakeholders.

During his welcome remarks, Mr. Hassan Al Hashemi, Vice President of International Relations at Dubai Chamber, described the IBPC as one of the most influential business councils formed under the umbrella of Dubai Chamber. He expressed his optimism about the future of UAE-India relations and said there is huge potential to build on existing ties given the increased economic cooperation between the two countries in recent years.

Mr. Al Hashemi revealed the Chamber’s new representative office in Mumbai, set to be opened before the end of this year, will aim to build new bridges between the Indian and UAE business communities and take bilateral relations to the next level.

Following the meeting, the IBPC’s new Governance Board was announced after Dubai Chamber authorised the Council accordingly.

Mr. Suresh Kumar was appointed as President of the IBPC interim board. Mr. Kumar had previously served as Founder & President of the IBPC between 2002 and 2005. Joining IBPC’s new governance board are several prominent Indian businessmen in the UAE; namely Mr Yusuff Ali, Chairman & Managing Director of

LuLu Group; Dr BR Shetty, Founder – CEO of the NMC Healthcare; Dr Azad Moopen, Founder and Chairman of Aster DM Healthcare; Mr PNC Menon, Founder and Chairman of Sobha Group; Mr. Mohan G Valrani, Senior Vice Chairman & Managing Director, Oasis Investment Co.; and Mr. Vijay Malhotra, Chairman and CEO – UAE and Oman at KPMG Lower Gulf.