The United Arab Emirates (UAE) and India are set to strengthen their trade ties in the ceramics industry, following the success of the CBIS Dubai Roadshow 2023. The event, organized by Emerald Worldwide Connections Private Limited, aimed to connect premier ceramic manufacturers from India with potential buyers in the UAE, in order to facilitate and foster business opportunities.
The chief guest at the event was Dr. Mohammed Saeed Al- Kindi, former Minister of Environment and Water in the UAE. He praised the initiative of Emerald Worldwide Connections Pvt Ltd for bringing entrepreneurs together to share ideas and discuss concerns, which he believes will effectively communicate growth opportunities for the country’s economy. He emphasized the importance of entrepreneurship and sustainable growth for the UAE economy, expressing his confidence that the conference would inspire prominent entrepreneurs in the ceramic and bath industry to work together for a better future.
K. Kalimuthu, Consul – Economic, Trade, and Commerce at the Consulate General of India, highlighted the strong history of trade between India and the UAE, and the potential for the Comprehensive Economic Partnership Agreement (Cepa) to take the trade relationship to the next level.
Meanwhile, Manoj Gopalani, Managing Director of Emerald Worldwide, praised India as one of the largest hubs for quality ceramics, with high investments and constant innovation in technology, processes, and designs. He believes India has the potential to meet the growing demand for ceramic products in the UAE, and further sustain the relationship between the two countries.
According to a report by Allied Market Research, the Indian ceramic tiles market is expected to reach $7.14 billion by 2027, growing at a CAGR of 8.6 percent from 2020-2027. India is currently ranked second in the world for the production of ceramic products.
With increasing construction activities in the UAE, the ceramics and tile manufacturers are finding the country to be a lucrative market, leading to the CBIS Dubai Roadshow 2023. The event was a success, paving the way for stronger trade ties between the UAE and India in the ceramics industry.
