Chamber Director General receives chairman of the Indian IT giant and lauds Dubai's role in attracting FDIs by large-scale overseas companies
Dubai, UAE: HE Eng Hamad Buamim, Director General, Dubai Chamber of Commerce & Industry, welcomed Shiv Nadar, Chairman and Chief Strategy Officer of Indian IT giant HCL Technologies on the occasion of his visit to Dubai to inaugurate the company's headquarters in the Emirate yesterday.
The Director General of Dubai Chamber received Shiv Nadar along with Virender Aggarwal, Senior Vice-President, APAC, Asia, Middle East, Africa & CIS and Manish Mishra, Vice-President, Middle East of HCL Technologies at the Chamber premises and highlighted Dubai's role in attracting foreign direct investments. The Indian IT giant's annual revenue runs into $5billion.
Buamim said that as a gateway to the region Dubai offers excellent opportunities to all business communities to carry out their global operations from the Emirate. He highlighted the facilities available for large-scale international companies in trading, banking and finance, consultancy, exports and re-exports and logistics, especially information technology which he said is poised for a remarkable growth in the region.
The Director General also assured the delegation of the Government's role in supporting the private sector saying that Dubai is one of the first cities in the world to recover from the global financial crisis. He also stressed on Dubai being a safe haven for businesses thanks to its free economy and open market policies that allow investors to repatriate their hard-earned money back home.
Buamim reiterated the Chamber's strategic objectives of creating a favourable business environment, supporting the development of business and promoting Dubai as an international business hub and how these objectives were serving the needs of the business community and the investors in Dubai.
On his part, Shiv Nadar thanked Dubai Chamber for its unprecedented support to new businesses and said that it is the open door policy of the city that has attracted his company to open up their regional headquarters in the Emirate.
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Founded in 1976, HCL is one of India's original IT garage start-ups. This global transformational enterprise today employs 62,000 professionals of diverse nationalities, who operate from 26 countries including over 500 points of presence in India. HCL has partnerships with leading 1,000 IT firms. The company offers transformational outsourcing and integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and Research & Development services and BPO.
Established in 1965, the Dubai Chamber of Commerce & Industry is a non-profit public entity, whose mission is to represent, support and protect the interests of the business community in Dubai by creating a favorable business environment, supporting the development of business, and by promoting Dubai as an international business hub.
© Press Release 2010
