Oman Pitches Aluminium Opportunities to Indian Industry
- Oman promotes aluminium sector to Indian investors, highlighting incentives and export potential
- Sohar was positioned as a regional aluminium hub, offering high-quality raw materials
- $4.5M MoU signed for coil coating and lamination plant; B2B partnerships explored
Recently, the Sultanate of Oman presented its downstream aluminium industry to Indian manufacturers and investors through a demonstration of its competitive advantages, financial benefits, and export capabilities, which Indian companies could use to establish their operations in the Gulf nation.
The Oman aluminium industry is expanding through downstream aluminium opportunities, strengthening Oman India trade and aluminium investments, fostering Industrial cooperation Oman India, boosting the metal industry Middle East, creating manufacturing opportunities India, enhancing the aluminium value chain under Oman industrial policy, and positioning both nations competitively in the global aluminium market.
The Embassy of Oman in New Delhi organized this event to showcase investment opportunities, which brought together Indian business executives, investors, trade organizations and important partners.
The event focused on opportunities across Oman’s aluminium value chain, including rolling, extrusion, fabrication, automotive components, packaging, and construction materials.
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The growing economic partnership between India and Oman is emphasized by Tahra Al Zadjali, who serves as Minister Plenipotentiary and Deputy Head of Mission at the Embassy of Oman. The country uses its strategic location, world-class infrastructure, investor-friendly policies and industrial diversification through Oman Vision 2040 to attract investors to Oman.
Omani representatives showed that Indian manufacturers can expand their businesses worldwide while lowering expenses through four key factors, which include high-grade primary aluminium production, cheap energy rates and complete transportation services through major ports and beneficial investment programs.
The showcase presented Sohar as a principal industrial zone, which serves both as an aluminium production center and a downstream value creation facility that provides access to markets across the Middle East, Africa, Europe and the United States.
The event provided a platform for business representatives to meet each other and discuss possible partnerships through joint ventures, technology sharing and long-term product distribution contracts. Multi Bond Metal LLC established a $4.5 million memorandum of understanding with Ladyn to build an 8,000-tonne coil coating and lamination facility in Oman.
“Oman today stands as a strategic gateway for Indian industry seeking global integration and long-term growth”, said Yahya Al Dughaishi, Counsellor at the Embassy, highlighting the country’s investor-centric regulations and commitment to fostering value-added manufacturing partnerships.
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