MAHABIZ 2024: The Gulf Maharashtra Business Forum Global (GMBF) Convention in Dubai Facilitates International Collaboration and Business Expansion
Nitin Gadkari’s address at the Gulf Maharashtra Business Forum Global Mahabiz 2024 conference in Dubai on February 25th showcased India’s commitment to sustainability and its ambitious goal of achieving carbon neutrality by 2070. The event, attended by global leaders and innovators, provided a platform for discussing sustainable development and fostering economic collaborations.
During his virtual speech, Minister Gadkari emphasized India’s progress in renewable energy and highlighted innovative solutions aimed at reducing carbon emissions. These included advancements in self-sustainable aviation fuel from biomass, bio-CNG production, and refining bioethanol from bamboo. By showcasing these initiatives, Gadkari aimed to underscore India’s dedication to adopting sustainable practices across various sectors.
Moreover, Gadkari stressed the importance of leveraging technology, fostering innovation, and promoting international cooperation to meet the ambitious carbon neutrality target. By emphasizing these factors, he aimed to inspire collaborative efforts among nations and industries towards achieving a more sustainable future.
The presence of Sheikha Jawaher Bint Khalifa Al Khalifa, the Chief Guest at the event, further emphasized the significance of global cooperation in addressing environmental challenges and promoting sustainable development. Overall, Gadkari’s address reflected India’s proactive approach towards combating climate change and its commitment to playing a leading role in global sustainability efforts.
Chandrashekhar Bhatia, the chairman of GBF, praised GMBF as a distinctive platform that not only supports emerging businesses but also nurtures new talents, effectively bridging the gap between the UAE and India. His acknowledgment underscores the pivotal role GMBF plays in fostering entrepreneurship and fostering collaboration between the two regions.
Satish Kumar Sivan, the Consul General of India, further emphasized the strong historical and cultural ties between India and the UAE, reflecting on the longstanding relationship that spans over a century. He highlighted recent economic achievements, particularly the significant growth in bilateral trade, which reached $85 billion USD in the last financial year. Sivan also elaborated on recent agreements signed between the two nations, such as the Bilateral Investment Treaty (BIT) and the Inter Governmental Framework Agreement on India’s Middle East Europe Economic Corridor, signaling a commitment to deepen economic integration and cooperation across various sectors.
The conference also featured speeches from other notable figures, including Sunil Manjrekar, President of GMBF, who discussed the organization’s innovative fundraising efforts supporting environmental and humanitarian causes. Additionally, Vinod Jhadhav, an Investor & Philanthropist, shared insights into his entrepreneurial journey in the pharmaceutical sector, highlighting Dubai’s strategic importance as a hub for global business expansion.
The Gulf Maharashtra Business Forum (GMBF) Global conference serves as a premier business conclave aimed at fostering funding opportunities, facilitating growth, and promoting collaboration among entrepreneurs in the UAE and Maharashtra. Through its initiatives, the forum aims to drive economic development and strengthen ties between the two regions.
Sunil Manjrekar, the President of GMBF, further emphasized the organization’s commitment to social responsibility and sustainable development in his address. He highlighted GMBF’s innovative fundraising endeavors, which are dedicated to supporting environmental and humanitarian causes. Through these initiatives, GMBF demonstrates its dedication to making a positive impact beyond the realms of business, reflecting its broader vision of contributing to the betterment of society and the environment.