Abu Dhabi Family Business Council organizes a roundtable in Mumbai

Mumbai, November 20 / WAM / The Abu Dhabi Family Business Council, affiliated with the Abu Dhabi Chamber of Commerce and Industry, held a round table in Mumbai, in cooperation with the “Campden Family Connect” platform, which brought together more than 15 prominent Indian family companies, with the aim of exploring opportunities for cooperation with the Emirate of Abu Dhabi.

The session was attended by His Excellency Dr. Abdel Nasser Jamal Al Shaali, UAE Ambassador to the Republic of India, His Excellency Shams Ali Al Dhaheri, Second Deputy Chairman of the Board of Directors of the Abu Dhabi Chamber and Managing Director, His Excellency Hamad Sayyah Al Mazrouei, Undersecretary of the Department of Economic Development – Abu Dhabi, His Excellency Khalid Al Fahim, Chairman of the Abu Dhabi Family Business Council and member of the Board of Directors of the Abu Dhabi Chamber, His Excellency Ali Mohammed Al Marzouqi, Director General of the Abu Dhabi Chamber, along with a number of representatives of major family companies and family offices in India.

The session came within the program of the Abu Dhabi economic delegation’s visit to India, emphasizing the Council’s interest in building long-term partnerships between family companies in the two countries, as discussions focused on the importance of cooperation between family companies, and the promising opportunities in the fields of advanced industries, clean energy, biotechnology, logistics services, and financial technologies.

It also highlighted Abu Dhabi’s position as a preferred destination for Indian family businesses wishing to expand globally based on a stable investment base linked to international markets.

His Excellency Khalid Al Fahim said that cooperation with Indian family businesses reflects the Emirate of Abu Dhabi’s keenness to build long-term strategic partnerships based on trust and integration, and contribute to supporting business expansion across borders. It also highlights Abu Dhabi’s growing position as an international center for empowering family businesses and providing an attractive environment that allows them to diversify and invest in opportunities in global markets.

Al Fahim pointed out that the Council works to support the expansion of Emirati companies in promising Asian markets, especially in the fields of technology, innovation and clean energy, which are major pillars within Abu Dhabi’s vision to build a diversified, knowledge-based economy.

The Campden Family Connect platform is one of the most important networks specialized in serving wealthy individuals in India, as it provides advanced knowledge solutions that include training, research, and activating communication channels between executive leaders and entrepreneurs.

Cooperation with the Abu Dhabi Family Business Council has contributed to creating a direct bridge of communication with major Indian family companies, thus enhancing the exchange of experiences in the areas of succession of leadership generations, corporate governance, investment strategies, and developing and sustaining institutional legacy.

Family businesses constitute a fundamental pillar of the economy of the UAE and India, as they represent approximately 90% of private companies in the UAE, contribute about 60% of the GDP, and provide 80% of private sector jobs. In India, family businesses contribute more than 75% of the GDP, and this percentage is expected to rise to 80-85% by 2047, driven by growth in the technology, industry and services sectors.

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