Bharat Mart

Santhosh Kumar 21/02/2024
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Bharat Mart mind map Recent News Foundation Stone Laid By Narendra Modi And Sheikh Mohammed bin Rashid In Dubai When Foundation Stone Laid February 2024 Expected Operational By 2025 Why Strengthen India-UAE Trade Compete with China's Dragon Mart What Comprehensive Warehousing Facility Over 2.7 Million Sqft Phase One 1.3 Million Sqft Showrooms Around 1500 For Retail and Wholesale Warehousing Space Over 700,000 Sqft Grade-A Quality Light Industrial Units Office Spaces Meeting Facilities Digital Platform For Global Buyers Categories of Goods Varied Range Heavy Machinery to Perishable Items Where Dubai's Jebel Ali Free Zone Proximity to Key Locations 11 km from Jebel Ali Port 15 km from Al Maktoum International Airport Who Indian Businesses Small and Medium Enterprises Larger Corporations UAE Involvement Sheikh Mohammed bin Rashid DP World How Multimodal Logistics Solutions Direct Connectivity To 150 Maritime Destinations Air Links to 300 Cities Pros Boost in India-UAE Trade Non-Oil Bilateral Trade Target $100 Billion by 2030 Supports Indian Government Initiatives Make in India D33 Access to High-Growth Markets Middle East, Europe, Africa Challenges Competitive Pressure With Global Trade Hubs Logistical Complexities Way Forward Continued Development Phased Construction Enhancing Trade Ties Between India and UAE Expanding Indian Global Trade Presence

Bharat Mart, set to open in Dubai by 2025, is an expansive warehousing facility initiated by India to enhance its trade presence in the Middle East and compete with global trade hubs like China’s Dragon Mart. Conceived over an area of more than 2.7 million square feet, the facility will feature 1,500 showrooms for retail and wholesale, substantial warehousing space, and various business amenities. Located strategically near Jebel Ali Port and Al Maktoum International Airport, it aims to strengthen India-UAE trade, targeting $100 billion in non-oil bilateral trade by 2030. The project aligns with Indian government initiatives like Make in India and D33, offering Indian businesses, especially SMEs, an efficient gateway to high-growth markets in the Middle East, Europe, and Africa.

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Categories: Middle East / West Asia
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