“As Group Head and Partner of Al Maya Group in the UAE, I have had the privilege of witnessing and being part of the strong bilateral trade relations between the UAE and India. This relationship is based on mutual respect, trust and strategic partnerships and has strengthened over the years,” says Kamal Vachani.
“Promoting and investing in key sectors in both countries can significantly improve bilateral trade. There is a growing demand for affordable and quality consumer goods and services in the UAE, and Indian companies can meet this demand by expanding their operations and investing in key sectors such as healthcare, education and infrastructure. Similarly, the UAE has also recognized India’s potential in sectors such as renewable energy, technology and agriculture, which can open new avenues for trade and investment.”
Al Maya, a strong retail player in the UAE, imports various FMCG products from India. The India-UAE Comprehensive Economic Partnership Agreement (CEPA) has significantly contributed to the growth of trade.
“As we look to expand our imports from India, we are also exploring new opportunities in the UAE and looking at strengthening our partnerships in the region. I am optimistic about the future and look forward to playing an important role in enhancing the UAE-India trade partnership,” said Vachani.
Al Maya Group, the UAE-based business conglomerate, has more than 50 supermarkets in the UAE and Oman, among other companies.
Al Maya FMCG Company is the FMCG distribution arm of Al Maya Group. Today, the company has a well-structured distribution network across the GCC region, representing renowned multinational and regional brands.
“The group’s vision is to be the most respected FMCG distribution company in the GCC region,” says Vachani.