Business Development - New Markets_Doha_Jul'13

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Transcript of Business Development - New Markets_Doha_Jul'13

Page 1: Business Development - New Markets_Doha_Jul'13
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Objective

Was to reach to the NRI Diaspora in Doha

Informing them about the launch of WTC Noida in Delhi NCR

And how it can act as a great business opportunity in the short as well as long term.

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Why Doha

Presently, Qatar has a huge Indian population around 2 lakhs (Indian Embassy, 2006). Most of the local

establishment, whether governmental, business or industrial, prefer to employ Indians in various capacities.

Number of Indians working in other fields like management, education, pharmacies, computers, etc. As

Qatar’s economic development accelerates in future, the numbers and involvement of Indians at all levels in

Qatar is expected to grow.

Indians at Qatar send a huge amount of remittances to India. It is said that the average annual remittance to

India by the Indians at Qatar equals or exceeds Qatar’s net export earnings from the Gulf. (Source: Ministry of

Overseas Affairs)

Doha Skyline

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Role of WTC Qatar

330 cities. 100 countries. 1 Global Network.

As part of the elite global WTC network, reciprocity plays an

important role among WTCs.

WTC Qatar played a key role in organsing the Investment meet

including disseminating information on WTCA network to the

delegates.

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Delegates @ the meet

Approximately 100 delegates attended the event.

NRIs settled well in Qatar and have been investing back in India in various residential & commercial

projects.

Most of the NRIs were invited with their families.

(Investing in real estate is generally an entire family’s decision, hence spouses act as a influencer

during the purchase decision)

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WTC Doha Representative

100+ NRIs in Doha

Channel Partner Representative

Audience Interaction

WTC Noida Representative

The Event

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The Outcome

Confirmed investment of 8000sq.ft from NRIs.

Similar additional investment expected in next few days.

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Analysis

Doha is hosting 2022 FIFA World cup, hence government will be investing a lot in infrastructure &

related fields which ultimately will lead to the development of the economy and hence more

investment power in the hands of people working there

Doha market has a great potential due to presence of large number of NRIs

WTC Doha is an upcoming landmark which will help in positioning of the WTC story

Multiple partners can cater to the large market. Regular presence is required to fully cover the region.

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Thank You