The IGATE is an effort of Mumbai Based Blossom Media and Jeddah-based Taktuf Marketing with the objective of enhancing trade and economic cooperation with GCC and African countries and the Indian Government’s vision of doubling agricultural exports in that Region.
Saudi Arabia is keen to diversify its assets both across industries and geographies, and India is desirous of greater foreign investment to remain as the world's fastest-growing major economy. Saudi Arabia is a country with immense trade and investment potential for the Indian businessmen.
Saudi's ‘Vision 2030' also identifies India as one of the eight countries chosen for a 'strategic partnership'. India is now Saudi Arabia's second-largest trade partner.
There are around 745 Indian companies registered as joint ventures 100% owned entities with investments worth approximately US$2 billion in the Kingdom (October, 2021).
In this backdrop, representatives from the Indian Industry are invited to participate in this important business delegation to Saudi Arabia through expo and one to one meeting with the Saudi business representatives and govt. officials.
The visit is aimed at exploring new business opportunities offered by Kingdom of Saudi Arabia in sectors such as Food & Beverage, Personal Care products, Medical Equipments and consumables, Textile, Tourism & Hospitality
Interaction of Indian delegates with the members of the Jeddah Chamber of Commerce and Industry. One of the oldest and most important trademarks bodies in the kingdom, serving the government and contributing to bilateral business development. This will allow delegates to demonstrate the potential of their products and services to the apex body, a cluster of various industries.
The Best Brand of India Award will be given to participating firms in recognition of their outstanding contribution to the Indian economy. The Trophy will be presented by the august hands of H.E. Consul General of India at a Gala Award Night in the office of the Consulate General of India. The profile of the winning company will be published on an Indian national news outlet.