Move to establish an efficient supply chain in the automotive industry
DP World, UAE Region and JAFZA joined hands with the Confederation of Indian Industry (CII) as event partners for the recently-concluded Auto Resurgence Summit 2020 that shed light on how the automotive sector can respond positively to the global pandemic.
Speakers highlighted the significance of creating a self-reliant, sustainable and stable market, emphasizing the need to adopt measures like increased localization, use of technology, new-gen mobility and increased participation in the global value chain.
Ahmad Al Haddad, Chief Operating Officer, Parks and Zones–DP World, UAE Region participated in the ‘Emerging, Enabling Strategies and Technologies for Supply Chain’ session and explained how JAFZA can facilitate India’s auto export operations.
JAFZA recorded business worth a total trade value of AED 38.8bn and an increase of 5 per cent in its customer base year-on-year for 2018/2019 in the automotive sector.
This sector plays an integral role in JAFZA’s success story. Its outstanding performance and exceptional connectivity have cemented Dubai’s position as the preferred logistics and distribution centre for the automotive industry in the region.
The automotive and spare parts sector boasts more than 600 companies, including key players from over 65 countries. The segment employs over 7,400 employees, working in a facility that spreads over an area of 1.37mn sqm.
“Joining hands with CII was a great opportunity for us to tap the Indian market and reach out to our partners there. During such a challenging time, we believe that it is imperative for the automotive industry around the world to unite and support each other to tide over the turbulent business landscape,” commented Mohammed Al Muallem, CEO & Managing Director, DP World, UAE Region and CEO, JAFZA.
