Business Delegation From Sharjah Explores Investment Ties With Jamshedpur Entrepreneurs

Key Points:

• SCCI and FICCI arrange one-to-one talks between Jamshedpur firms and Sharjah’s SAIF Zone officials
• SAIF Zone hosts over 8,500 companies, nearly 60 percent of them Indian
• Officials outline zero tax, quick incorporation and other incentives for Indian investors

JAMSHEDPUR – The Singhbhum Chamber of Commerce & Industry, working alongside the Federation of Indian Chambers of Commerce and Industry, arranged a series of exclusive business meetings between local entrepreneurs and senior representatives of the Sharjah Airport International Free (SAIF) Zone on July 9 and 10, 2026. The sessions were held at Hotel Vivanta in Golmuri.

Officials from the Government of Sharjah told participants that the free zone has completed more than three decades of operations. This was, in fact, their fifth visit to Jamshedpur, a sign of sustained interest in the region’s business potential.

More than 8,500 companies currently function within the SAIF Zone, and close to 60 percent of them are Indian-owned, the delegation said. The United Arab Emirates, they added, maintains 55 free zones offering modern infrastructure and investor-friendly policies.

Representing Sharjah were Mr. Ali Al Mutawa and Mr. Shoaeb Ibrahim Khatib, while FICCI’s delegation was led by Ms. Sejal Singh. The Singhbhum Chamber’s side included President Mr. Manav Kedia, Treasurer Mr. Anil Ringasia, Vice President (Trade & Commerce) Mr. Anil Modi, Vice President (Taxation & Finance) Mr. Rajiv Agarwal, and Executive Committee members Mr. Pankaj Patel, Mr. Kamal Ladha and Mr. Bajrang Agarwal.

Officials also detailed incentives available to Indian entrepreneurs looking to expand into Sharjah. These include industrial plots, warehouse space and labour accommodation support on attractive terms. Additionally, the package covers zero customs duty, zero income tax, resident visa facilities, local bank account access and company incorporation completed within 60 minutes.

Entrepreneurs from a range of sectors took part in the interactive sessions, discussing business expansion, investment prospects and export opportunities across the UAE and the wider Middle East. Meanwhile, several participants raised questions on logistics and market entry requirements specific to their industries.

Mr. Manav Kedia, President of the Singhbhum Chamber, said such initiatives give Kolhan-region businesses a platform to explore global markets. He added that the incentives offered by Sharjah’s government would likely encourage Indian entrepreneurs to build a lasting presence in the Middle East. “This kind of engagement opens doors that our members would otherwise take years to access on their own,” a chamber representative said.

At the conclusion of the programme, the Singhbhum Chamber thanked FICCI and the Government of Sharjah for bringing international opportunities directly to Jamshedpur’s business community. The chamber said it would continue supporting initiatives aimed at expanding the global footprint of regional enterprises. The Bistupur and Sakchi trading hubs, home to many of the region’s export-oriented firms, are expected to benefit from any resulting tie-ups. On the sidelines, some delegates also referenced Jharkhand’s broader push to attract investment, noting parallels with recent state-level energy demand growth and industrial expansion drives across the manufacturing sector in the state. Similar cross-border business dialogues have earlier been organised in Ranchi, reflecting a wider effort to position Jharkhand as an investment destination. Officials noted that India’s economy has continued to draw global interest despite headwinds, a trend the SCCI hopes to leverage for the Kolhan region.