792-Dr. J. K. Patel Institute Of Management - Gujarat Technological ...
792-Dr. J. K. Patel Institute Of Management - Gujarat Technological ... 792-Dr. J. K. Patel Institute Of Management - Gujarat Technological ...
- In BMI’s Middle Eastern petrochemicals risk/reward ratings (RRRs) matrix, the UAE registers a score of 63.7 points, unchanged since the previous quarter. This quarter, the UAE remains in 2 nd place, 2.9 points ahead of Kuwait and 13.9 points behind the regional leader Saudi Arabia. Whether the UAE retains its position will depend on its ability to stay ahead of Qatar in country risk ratings, coupled with the further expansion of Borouge in 2013 and the proposed Chemaweyaat which is set to bolster its petrochemicals capacity. TRADE RELATIONSHIP BETWEEN INDIA AND UAE UAE enjoys close economic and cultural relations with India. Close maritime contact between India and the Arabian peninsula date back to 3rd and 2nd millennium BC. and textile and spice trade between the two countries flourished during most of 1 millennium AD. The discovery of oil allowed the UAE to increase and diversify its trade relations with India. In 2008-09, India emerged as the largest trade partner of the UAE with bilateral trade between the two countries exceeding US$44.5 billion. During the first half of 2010, non-oil trade between India and the UAE stood at US$20.4 billion. UAE is home to more than 1.75 million Indian expatriates, making Indians the second largest ethnic group in the Arab nation. Oman India Fertiliser Company (OMIFCO) is an India-Oman joint venture established to construct, own and operate a modern world scale two-train ammoniaurea fertilizer manufacturing plant (production capacity of 1,750 tonnes per day) at the Sur Industrial Estate in the Sultanate of Oman. The Government of India has agreed to purchase OMIFCO’s entire urea output under a 15-year Urea Off Take Agreement on predetermined prices, while the Sultanate of Oman has committed to supply the gas feedstock for the life of the project. The project is mainly focused on producing urea (annual capacity of 1.63million metric tons) andammonia (1.15 million metric tons).Shareholders in OMIFCO are Oman Oil Company (50%), Krishak Bharati Cooperative Limited (25%) and Indian Farmers Fertilizers Cooperative (25%). Parul Institute of Management and Research - 792 Page 94
There are a number of joint ventures and investments undertaken by UAE companies in India. EMMAR, a real estate company of Dubai Government, is active in the real estate sector having already set up a major township, an international conventioncentre and a golf course in Hyderabad. Emaar and India's MGF Development Limited, joined together to form India's largest FDI in real estate amounting to over half a billion dollars for projects with a capital outlay of US$4 billion (Rs.18,000 crore) and constructed flats for the Commonwealth Games (2010) Village. Dubai Ports World is now operating 6 major Ports in India at Nhava Sheva, Navi Mumbai, Chennai, etc, following its acquisition of the P&O of U.K. DP World was awarded a $150 million contract in 2007 for work on construction of the International Container Transshipment Terminal (ICTT) at Vallarpadam in Kochi (Kerala). The first phase of the ICTT Project at Vallarpadam (Kochi) was inaugurated by Prime Minister on - February 11, 2011. The terminal currently has a capacity to handle one million TEUs (twenty-foot equivalent container units). The planned capacity at Vallarpadam, when fully expanded, is three million TEUs, making it the country's largest container terminal. In Gujarat - UAE's company "Dubai Port World", a leader in international marine terminal operations has a 100% equity stake in the $364.77 million "Mundra International Container Terminal" (MICT) facility and executes full operational control. Ras al-Khaimah (RAK) signed a MoU for a JV with Govt. of A.P for setting up a one million tonne per annum Alumina plant and a 250,000 tonne aluminium smelter. RAK, represented by the RAK Investment Authority (RAKIA), will set up a registered company in India to set up the plant which would use the bauxite resources available in A.P. RAK has already commissioned the RAK ceramics factory located at Kakinada in AP. UAE tile manufacturer, RAK Ceramics India, plans to set up a tile plant in Ahmedabad, at an investment of $150 million. The plant will be commissioned by early-2012. Many UAE companies have signed MoUs with many state Governments in real estate and construction fields. Parul Institute of Management and Research - 792 Page 95
- Page 43 and 44: Having a presence can provide consi
- Page 45 and 46: Parul Institute of Management and R
- Page 47 and 48: Industrial Sector: Education Sector
- Page 49 and 50: Import Licensing: India has liberal
- Page 51 and 52: industry is the biscuit promote, wh
- Page 53 and 54: IFFCO VISION AND VALUE VISION Creat
- Page 55 and 56: 2. Choose suppliers, partners, agen
- Page 57 and 58: Impulse foods: 1. Impulse foods 2.
- Page 59 and 60: • A certificate of insurance •
- Page 61 and 62: that keep them ahead in the industr
- Page 63 and 64: Telecommunications Infrastructure D
- Page 65 and 66: Smart buildings Etisalat Abu Dhabi
- Page 67 and 68: Towers and Rose Rotana, and is curr
- Page 69 and 70: as the Almas Tower, Princess Tower,
- Page 71 and 72: RETAIL INDUSTRY OF UAE Retail indus
- Page 73 and 74: Based on a Moderate Growth scenario
- Page 75 and 76: Retail Brands: Centre point: Centre
- Page 77 and 78: LIFESTYLE: Well-defined idea store
- Page 79 and 80: LANDMARK INTERNATIONAL: Landmark In
- Page 81 and 82: CANDELITE Confectionary Make life s
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- Page 85 and 86: Gloria Jean's Coffees: initially es
- Page 87 and 88: They're huge fans of greatness in u
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- Page 91 and 92: increase of demand for electricity
- Page 93: Borouge is also investing in plants
- Page 97 and 98: to assess the demand for caustic-ch
- Page 99 and 100: TOURISM INDUSTRY OF UAE The United
- Page 101 and 102: Mission Consolidation of efforts be
- Page 103 and 104: worn under the headdress or guttrah
- Page 105 and 106: Sharjah ‣ Green Belt Park ‣ Al
- Page 107 and 108: ‣ Bull Butting ‣ Fujairah Fort
- Page 109 and 110: 3. Burj Al Arab Hotel This is one a
- Page 111 and 112: 5. Desert safari and beaches The Du
- Page 113 and 114: A festival which attracts visitors
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- Page 117 and 118: ‣ The meeting reviewed the final
- Page 119 and 120: Strictly speaking sharing a private
- Page 121 and 122: over the next 10 years, generating
- Page 123 and 124: The Gross Domestic Product (GDP) in
- Page 125 and 126: guest is well taken care of through
- Page 127 and 128: CONCLUSIONS & SUMMARY Conclusion (D
- Page 129 and 130: Thus, what we can finally conclude
- Page 131 and 132: - http://www.gjepc.org/news/8947/wo
- Page 133 and 134: - http://abudhabienergy.com/ - http
- Page 135 and 136: http://researchcommons.waikato.ac.n
- Page 137 and 138: http://lhc-workshop-2005.web.cern.c
- Page 139 and 140: http://www.aljazeera.com/news/middl
- Page 141 and 142: http://dspace.mit.edu/bitstream/han
- Page 143 and 144: http://eprints-phd.biblio.unitn.it/
- In BMI’s Middle Eastern petrochemicals risk/reward ratings (RRRs) matrix, the UAE<br />
registers a score of 63.7 points, unchanged since the previous quarter. This quarter,<br />
the UAE remains in 2 nd place, 2.9 points ahead of Kuwait and 13.9 points behind the<br />
regional leader Saudi Arabia. Whether the UAE retains its position will depend on its<br />
ability to stay ahead of Qatar in country risk ratings, coupled with the further<br />
expansion of Borouge in 2013 and the proposed Chemaweyaat which is set to<br />
bolster its petrochemicals capacity.<br />
TRADE RELATIONSHIP BETWEEN INDIA AND UAE<br />
UAE enjoys close economic and cultural relations with India. Close maritime contact<br />
between India and the Arabian peninsula date back to 3rd and 2nd millennium<br />
BC. and textile and spice trade between the two countries flourished during most of 1<br />
millennium AD.<br />
The discovery of oil allowed the UAE to increase and diversify its trade relations with<br />
India. In 2008-09, India emerged as the largest trade partner of the UAE with<br />
bilateral trade between the two countries exceeding US$44.5 billion. During the first<br />
half of 2010, non-oil trade between India and the UAE stood at US$20.4 billion. UAE<br />
is home to more than 1.75 million Indian expatriates, making Indians the second<br />
largest ethnic group in the Arab nation.<br />
Oman India Fertiliser Company (OMIFCO) is an India-Oman joint venture<br />
established to construct, own and operate a modern world scale two-train ammoniaurea<br />
fertilizer manufacturing plant (production capacity of 1,750 tonnes per day) at<br />
the Sur Industrial Estate in the Sultanate of Oman. The Government of India has<br />
agreed to purchase OMIFCO’s entire urea output under a 15-year Urea <strong>Of</strong>f Take<br />
Agreement on predetermined prices, while the Sultanate of Oman has committed to<br />
supply the gas feedstock for the life of the project. The project is mainly focused on<br />
producing urea (annual capacity of 1.63million metric tons) andammonia (1.15<br />
million metric tons).Shareholders in OMIFCO are Oman Oil Company (50%), Krishak<br />
Bharati Cooperative Limited (25%) and Indian Farmers Fertilizers Cooperative<br />
(25%).<br />
Parul <strong>Institute</strong> of <strong>Management</strong> and Research - <strong>792</strong> Page 94
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