Page 47 - AGM Report 2024

ANNUALREPORT 2023|24

75 CA Day + Investment and Real Estate Summit- 8 July 2023
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The Managing committee of ICAI Dubai on the 8th of July 2023 at Address stats around the world’s leading
chapter celebrated the 75th Chartered Dubai Marina. The event witnessed economies in terms of GDPs, IT capital
Accountants Day to celebrate the many prominent guest speakers from expenditure, Household consumption
invaluable contributions made by the sector. Our guest speaker Mr. rate, etc. He also spoke of some critical
Chartered Accountants, not only in Vikaas M Sachdev- Managing director structural changes seen in India across
India, but throughout the world! The of Sundaram Alternate Assets Ltd various parameters such as working
event was celebrated by a cake cutting spoke on the benefits of investing in a population, increase in deposits rate,
ceremony by our respected past growing economy to maximize returns. startups, digital payments, innovation
chairmen of this Chapter along with Mr. Sachdev began by congratulating and so on.
its committee and senior members of the CA chapter terming “the smartest
this Chapter. This event marked the brains in the economy” for its immense Further speaking on real estate, Mr.
immense gratitude and appreciation contribution to the Indian economy Ankur Aggarwal-CEO & Founder of
for the unwavering professionalism which pleasantly co-incided with the Bricks and Woods Real Estate spoke of
of the fraternity. To make the event Amrit kaal used by our honourable the umpteen investment opportunities
memorable the committee invited Indian Prime Minister Narendra Modi. in UAE Real Estate. First he threw some
guest speaker CA Binod Shankar, who Mr. Vikaas went on to state that some light on the facts of the country with its
is an author, executive coach, keynote of the critical factors which drove increasing Foreign direct investments
speaker and a corporate trainer and India’s growth story was marked by being the highest in the arab world and
board member of Heriott Watt. CA privatization and assets sale and 19th in the world, with high on tourism
Binod took our through the journey channeling household savings into and GDP in comparison to other GCC.
from being a CA to a true leader. He financial markets, among various He also stated the benefits of investing
emphasized on how important it is other factors. While speaking on the in UAE which is due to stability in
to love what you do and to do it with snapshot of the progress made by all aspects coupled with modern
utmost passion, if not, to decide to quit the country, he said that India was infrastructure, favorable business
which doesn’t always mean you are not becoming the food basket of the world environment and excellent geo location
a winner by doing so. and became the third largest startup of the country. He emphasized that
ecosystem in the world as per the being a contributor to this economy
The event day for then followed by the economic survey of 2022. Mr. Vikaas by way of developer or JV partner was
Investment and Real Estate Summit also shared some amazing statistics an added advantage to be part of this
which brought together industry on India vs the globe. Next our guest global hub in real estate sector. Mr.
experts to explore the latest trends, speaker Mr. Madanagopal Ramu- Aggarwal also discussed some major
ways to invest in this fast growing UAE Head of Equities and Fund Manager projects which were underway and
economy and the many opportunities with Sundaram Alternate Assets Ltd known to the public at various parts of
available in the investment and real spoke on Indian’s turning point. Mr. the country.
estate sector. The event was held Ramu also highlighted some important

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