The Doha Chapter of the Institute of Chartered Accountants of India (DCICAI), in association with the Indian Business & Professionals Council (IBPC), recently hosted a virtual ‘Qatar India Bilateral Investment Summit’.
The event gathered nearly 100 attendees comprising of eminent dignitaries, professionals, and chapter members attending from Qatar, India, Singapore, and other countries.
Chief guest Dr Deepak Mittal, ambassador of India to Qatar, said the event was of strategic importance to foster collaboration in the areas of trade and investment between Qatar and India.
Mittal spoke about the vision of both countries’ leaders and the comprehensive framework to forge alliances and partnerships to take promising economic relations to newer heights.
He discussed a series of new initiatives and investment avenues, which have been rolled out to attract foreign investments into India. He lauded the role of the Chartered Accountants of India in Qatar and highlighted their important support in strengthening organisations.
Guest of honour Mohamed bin Ahmad al-Obaidly, board member of Qatar Chamber, praised the solid partnership, conducive business environment, and strong historical relations between Qatar and India.
He spoke of the seamless and attractive economic laws and the business ecosystem of Qatar, and encouraged businesspersons to keep exploring more opportunities with different Qatari institutions, and contribute to the vision of the leadership.
Al-Obaidly elaborated on Qatar's emergence as a major business hub thanks to its excellent infrastructure, and the role played by Qatar Chamber in working closely and supporting private businesses.
Representatives of ‘Invest India’, the Investment Promotion & Facilitation Agency of the Government of India, also spoke at the event. Astha Tyagi and Rithik Ravindran delivered presentations on the ease of doing business in India.
Tyagi explained the various facets of collaboration and connection between governments, businesses, and the people of India and Qatar, saying that India is one of the largest startup ecosystems in the world with 42 unicorns formed last year, and the highest ever annual foreign direct investment in 2020 and 2021.
Ravindran highlighted the various policy measures, excellent business support system, conducive ecosystem, post-pandemic recovery of the economy, and integrated framework to attract Qatari investments into India.
Presenting various facts, figures, policy initiatives, and a holistic ecosystem, both speakers stated that India is on the way to becoming the third-largest global economy by 2030.
In his introductory address, Nirlep Bhatt, DCICAI chairman, shared his views on the common vision of both countries’ leaders, particularly the digitisation of the economy, thrust on the startup ecosystem, and focus on ease of doing business. Bhatt appealed to DCICAI members to be tech-savvy and continue to effectively contribute to the economies of host country Qatar and home country India.
Jaffer Us Sadik, President of IBPC, lauded the council’s role in Qatar. He underscored the vision and initiatives of IBPC, and assured its full support to the activities of DCICAI. Rupalakshmi Setty, vice-president Finance & Investment at IBPC, spoke about IBPC facilitating cross-border investment between India and Qatar through various activities and events. DCICAI treasurer Kamlesh Tibrewal thanked the guest speakers and management committees of DCICAI and IBPC for successfully organising the event.
The event gathered nearly 100 attendees comprising of eminent dignitaries, professionals, and chapter members attending from Qatar, India, Singapore, and other countries.
Chief guest Dr Deepak Mittal, ambassador of India to Qatar, said the event was of strategic importance to foster collaboration in the areas of trade and investment between Qatar and India.
Mittal spoke about the vision of both countries’ leaders and the comprehensive framework to forge alliances and partnerships to take promising economic relations to newer heights.
He discussed a series of new initiatives and investment avenues, which have been rolled out to attract foreign investments into India. He lauded the role of the Chartered Accountants of India in Qatar and highlighted their important support in strengthening organisations.
Guest of honour Mohamed bin Ahmad al-Obaidly, board member of Qatar Chamber, praised the solid partnership, conducive business environment, and strong historical relations between Qatar and India.
He spoke of the seamless and attractive economic laws and the business ecosystem of Qatar, and encouraged businesspersons to keep exploring more opportunities with different Qatari institutions, and contribute to the vision of the leadership.
Al-Obaidly elaborated on Qatar's emergence as a major business hub thanks to its excellent infrastructure, and the role played by Qatar Chamber in working closely and supporting private businesses.
Representatives of ‘Invest India’, the Investment Promotion & Facilitation Agency of the Government of India, also spoke at the event. Astha Tyagi and Rithik Ravindran delivered presentations on the ease of doing business in India.
Tyagi explained the various facets of collaboration and connection between governments, businesses, and the people of India and Qatar, saying that India is one of the largest startup ecosystems in the world with 42 unicorns formed last year, and the highest ever annual foreign direct investment in 2020 and 2021.
Ravindran highlighted the various policy measures, excellent business support system, conducive ecosystem, post-pandemic recovery of the economy, and integrated framework to attract Qatari investments into India.
Presenting various facts, figures, policy initiatives, and a holistic ecosystem, both speakers stated that India is on the way to becoming the third-largest global economy by 2030.
In his introductory address, Nirlep Bhatt, DCICAI chairman, shared his views on the common vision of both countries’ leaders, particularly the digitisation of the economy, thrust on the startup ecosystem, and focus on ease of doing business. Bhatt appealed to DCICAI members to be tech-savvy and continue to effectively contribute to the economies of host country Qatar and home country India.
Jaffer Us Sadik, President of IBPC, lauded the council’s role in Qatar. He underscored the vision and initiatives of IBPC, and assured its full support to the activities of DCICAI. Rupalakshmi Setty, vice-president Finance & Investment at IBPC, spoke about IBPC facilitating cross-border investment between India and Qatar through various activities and events. DCICAI treasurer Kamlesh Tibrewal thanked the guest speakers and management committees of DCICAI and IBPC for successfully organising the event.