Gulf Extrusions exports to India surge 300%

Gulf Extrusions, one of the largest aluminium extrusion plants in the Gulf region, has announced that in response to rapidly growing demand in key export markets the exports to India have increased by 300 per cent in 2012 compared to 2011, establishing the Indian market as a key destination in the global expansion strategy of the company.



By (Staff Report)

Published: Tue 21 Aug 2012, 10:40 PM

Last updated: Tue 7 Apr 2015, 2:34 PM

The GCC and African markets have likewise contributed to the increase in production with projected growth rates of seven per cent and six per cent, respectively, in 2012. Gulf Extrusions also pointed out that the increase in production is part of the company’s strategy of diversifying its product range and markets to cater to a much wider customer base across different industry sectors such as construction, oil and gas, marine, automotive and telecom.

Modar Al Mekdad, general manager, Gulf Extrusions, said: “The surge in demand in new export markets as well as the consistently strong performance achieved in traditional markets across the Middle East have prompted Gulf Extrusions to boost its production capacity this year. The Indian market has been particularly impressive with exports expected to triple this year alone. Gulf Extrusions will continue with its strategy of increasing production capacity to give us greater flexibility to expand in new export markets, reach new geographical territories and diversify our product portfolio.”

Gulf Extrusions, a part of the Al Ghurair Group of Companies, produces aluminium extruded profiles ranging from architectural sections to components for air conditioning grills, furniture, marine applications, transportation, automotive, and customised products. It also extrudes products for several European customers and companies. It recently became the first extrusion company in the GCC region to receive the Emirates Quality Mark certification from the Emirates Authority for Standardisation and Metrology.

business@khaleejtimes.com


More news from Local Business