Over 50 Indian companies aims to expand operations to RAKEZ in UAE

Over 50 Indian companies including DCM Shriram and LT Foods have shown interest in expanding their operations to Ras Al Khaimah Economic Zone (RAKEZ) in the UAE as reported with leading media resources.

RAKEZ is one of the seven emirates that comprise the United Arab Emirates (UAE) and one of the 45 free economic zones in the Gulf nation. "More than 50 high-profile Indian business leaders have discovered the advantages of expanding their operations to Ras Al Khaimah Economic Zone (RAKEZ)," according to a statement issued by RAKEZ at a press conference here.