Facilitating FDI in India and UAE

The firm has helped companies set up operations in the UAE in the last 27 years.

The historic harmonious bilateral relationship between India and UAE have strengthened in the past few years. The economic ties are on an upswing for the past few years with a robust flow of invest­ments to both countries. The UAE is India's third largest trade partner with a bilateral trade of about $60 billion. Apart from being a major exporter of crude oil to India, the UAE is investing in key sec­tors of the Indian economy such as infrastructure which includes logistics, food parks, highways, ports, airports, renewable energy and defense.

ROLE IN FDI

Since 1994, Kreston Menon, one of the leading auditing and advisory firm in the region, has been playing an active role in promoting foreign investments to both UAE and India. The com­pany has guided and supported more than 7,000 investors to set up their operations in UAE, of which 40 per cent are investors from India ranging from Public Sector Companies to large corporate houses to SMEs to individual investors.

Kreston Menon has always promoted FDIs to India, not only amongst the expat Indian business community but also to the local business houses. It has led delegations to 'Make in India', 'Vibrant Gujarat' and other investment meets in New Delhi, Mumbai, Pune, Ahmedabad, Chennai, Hyderabad and Bengaluru.

Kreston Menon promotes India, along with UAE, as the 'Most Favoured Investment Destination' and educates the business community on the latest investment initiatives of the Indian Government through seminars, workshops and investment meets as well as through quarterly newsletters.