Mumbai, 24 October 2024: The Associated Chambers of Commerce and Industry of India (ASSOCHAM) in association with SOHAR Port and Freezone of Oman organised an interactive session and B2B meetings with a high-level delegation of senior officials from SOHAR Port and Freezone, Oman. The interactive session was scheduled for 18-19th October 2024 with All-India MSME Association, Laghu Udyog Bharti, Refrigeration & Air-Conditioning Trades Association Ltd. (RATA), TTC-MIDC Industries Association, TMIA and Solvent Extractors Association of India as support partners.
The two-day event commenced with an interactive session on 18 October, followed by B2B meetings on 19 October 2024. Under the theme “Expanding Your Business in Middle East & USA Via Oman,” the initiative aims to enlighten industrialists and business leaders from Mumbai about the diverse business and investment opportunities available in Oman and the broader Middle East.
Participants gained valuable insights into the advantages and incentives offered by SOHAR Port and Freezone, one of the fastest-growing free zones in the world. Discussions covered SOHAR’s strategic role in providing access to markets in the GCC, Africa, and the U.S., making it an ideal hub for expanding global trade routes. Additionally, attendees briefed on current trends, challenges, and opportunities in the GCC industry, with a special focus on sectors such as Metals and Minerals, Chemicals and Petrochemicals, Pharmaceuticals, Plastics, and Food Processing.
Mr. Pratik Lunavia, Business Development Manager, SOHAR Port & Freezone said, “There is a significant demand for Indian Products in Oman, Middle East and Africa. Indian exporters must utilize this opportunity. SOHAR Port and Freezone where Indian companies have emerged as leading investors, can be an excellent platform for Indian companies to access these markets through a myriad of incentives and easy set-up facilities of SOHAR.
Dr. Umesh Kamble, Co Chairman, Maharashtra State Development Council, ASSOCHAM and Founder and CEO, Farm to Fork Solution said, “Mumbai’s strategic importance in India’s industrial landscape, particularly in sectors like chemicals, pharmaceuticals, and food processing, makes this event a perfect opportunity for local businesses to explore expansion into Oman. SOHAR Port and Freezone offer unique advantages that can help Indian businesses tap into new international markets. The interactive session and B2B meetings will provide a platform for businesses in Mumbai to explore the numerous opportunities SOHAR has to offer. We believe this initiative will create awareness about the benefits of doing business in Oman and strengthen bilateral trade and investment relations between India and Oman., he added.