India inks participants contract with World Expo 2020 Dubai to boost economic activity

Dubai, April 11: India on Tuesday signed a participants contract with the World Expo 2020 Dubai in a bid to set up India pavilion on an extra large plot in the Opportunity segment. This will provide a great opportunity to India to boost its economic sector. Notably, the World Expo 2020 held once in 5 years in Dubai.

 

The contract was signed by Ministry of Commerce Joint Secretary Manoj Dwivedi on the Indian side and Najeeb Mohammed Al Ali, Executive Director, Dubai Expo 2020 Bureau on behalf of Expo 2020 at the Expo site. The contract provides for the setting up of India pavilion at Expo 2020 on an extra large plot (about one acre) in the ‘Opportunity’ segment.

This is tune with the great opportunity for economic activity that India provides today on the way to becoming a $5 trillion economy by 2025. The focus will be given to India’s advances in Space, Pharma, IT, Renewable Energy, Telecom sectors. The pavilion will be developed in public-private partnership mode. Leading industries and businesses will work with Central government and State governments to participate in India’s pavilion.

A number of state governments, various ministries of central government and major industry associations and businesses have shown interest in partnering and participating in World Expo 2020 which will take place for six months beginning October 2020.