Gulf Extrusions sees threefold Indian growth
UAE company now regards India as a ‘key destination’ for export following strong performances
Gulf Extrusions has announced a threefold increase in exports to India over H1 2012, compared to 2011, that will see the UAE based extrusion plant – the largest in the Gulf region – increase its product offering and African exports.
Following a major rise in exports to India, which the company now regards India as a “key destination”, Gulf Extrusions has released predictions of a near 7% growth in African markets and plans to increase production capacity in order to target the construction, oil and gas, marine, automotive and telecoms sectors.
“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,” said general manager Modar Al Mekdad
“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,” Al Mekdad added.
