SCTDA on roadshow drive in India

Sharjah Commerce and Tourism Development Authority (SCTDA) and Hamriyah Free Zone both launched new marketing roadshows targeting India during the past few days, building on a busy year of promotion activities by Sharjah authorities. The SCTDA kicked off a four-city roadshow in Mumbai this week, which also visits New Delhi, Chandigarh and Bengaluru (Bangalore). The roadshow introduces seven Sharjah hotels, two destination management companies, plus leading budget carrier Air Arabia, to key Indian outbound tour operators and other industry contacts.

Trade, investment and tourism from India have become a top priority for Sharjah, as its trade promotion organisations campaign widely to capitalise on growing interest in the emirate.

Meanwhile, a delegation from Hamriyah Free Zone, headed by Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority (HFZA) and Sharjah Airport International Free Zone (SAIF Zone), met with business leaders in Delhi a few days ago. Hamriyah Free Zone and SAIF Zone have both organised an extensive calendar of trade and investment promotion campaigns in India this year, visiting all major commercial centres in the country. Benefits such as 100 percent ownership, tax exemptions and allowing companies to repatriate 100 percent capital and profits have made the free zones very popular with Indian businesses. According to official estimates, about 7,000 of the 15,000 companies operating out of the two free zones are owned and controlled by Indian investors.