New Delhi, Feb. 18 -- Ducab Metals Business (DMB), a leading industrial enterprise in the UAE, announced on Monday its strategic expansion plans for the Indian market.
The company, which currently derives 25 percent of its global exports from India, aims to double this figure to 50 percent by 2025 under the India-UAE Comprehensive Economic Partnership Agreement (CEPA).
Market analysis indicates substantial growth potential in India's metals sector. The country's copper market, estimated at 660,000 tonnes in 2023, is projected to reach 1.03 million tonnes by 2030, growing at a compound annual growth rate (CAGR) of 6.6 percent.
Similarly, India's aluminum market, valued at USD 11.28 billion in 2023, is expected to expand to USD 18.84 bil...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.