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Gulf delegation targets India for business development

India, South Asia and the Middle East are among the world’s most important commercial regions according to leading Gulf businessman, Bharat Jashanmal. “It is a fact that emerging markets, under the banner of which the…

India, South Asia and the Middle East are among the world’s most important commercial regions according to leading Gulf businessman, Bharat Jashanmal. “It is a fact that emerging markets, under the banner of which the greater Middle East, India and South Asia fall, are vibrant growth economies, leading developed markets for the first time since the mid 1800’s.”

“We have been quick to market in cementing relationships and in fact secured some contracts between leading global brand names with the Gulf and Indian markets, in particular,” he said.

Jashanmal was speaking as part of an Indian-bound delegation of senior business names led by His Excellency, Abdulnabi Al Sho’ala, former minister of labour and social affairs, Kingdom of Bahrain.

Joining Al Sho’ala and Jashanmal, both directors of Business Development Enterprises, a Bahrain-based advisory for organisations seeking to establish commercial activities in these emerging economies, are representatives from the real estate, hospitality, retail, private equity and corporate communications sectors.

These include internationally-recognised brand leaders, Merrill Lynch and a major US hotel chain, alongside India’s Mayaland Group for real estate acquisition and development. In addition, Gulf-based business and marketing planning consultancy, Strategic Solutions, joins the road show, in alliance with Dubai’s Euro RSCG Furness, for corporate communications and public relations.

UK-based, Jermyn Capital, and India’s Monument Asset Management and Urban Retail Ltd complete the task force, which will visit Mumbai and New Delhi (September 12-17 2006).

Al Sho’ala said that technology and real estate development are the two sectors that are of immediate interest to the high-level delegation: “We have been working for a number of months to develop a complementary, high-level consortium of our joint-venture partners and alliances. We have now fused together a portfolio of skills bridging real estate, hospitality, retail, finance and asset management, business planning and feasibility, brand strategy and corporate communications,” he said.

The member partners of BDE have between them over seventy years of experience working in India, the Middle East and South Asia, and have been instrumental in facilitating several joint ventures and partnerships in these regions.

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