Now Reading: Jashanmal marks century of India-UAE retail ties
-
01
Jashanmal marks century of India-UAE retail ties
Retail and trading have been a key reflection of the evolving India-UAE partnership, connecting people with ideas, cultures and experiences. Jashanmal, a retail group, has been part of this journey for a…
Retail and trading have been a key reflection of the evolving India-UAE partnership, connecting people with ideas, cultures and experiences. Jashanmal, a retail group, has been part of this journey for a century, bringing global brands closer to local communities.
The deepening trade and collaboration between the two countries has mirrored growing confidence, innovation and ambition. Retail has evolved alongside this relationship, responding to the changing aspirations of consumers in both nations.
Indian Opinion Analysis
Jashanmal's century in retail spans the transformation of Gulf commerce from souks to malls, mirroring the rise of the Indian diaspora as consumers and entrepreneurs. The India-UAE Comprehensive Economic Partnership Agreement, signed in 2022, has further lowered tariffs and eased market access for goods and services. Bilateral trade is now worth about $85 billion annually, with retail and luxury goods a significant slice. The key number to watch is the non-oil trade target of $100 billion by 2030, under which retail partnerships like Jashanmal's will be a bellwether.
Source: gulfnews.com
This story was synthesised by AI from the source linked above.
