
Dammam-based Zamil Steel Industries has announced it is expanding its manufacturing base by establishing a factory in India.
It will invest $20 million to put up a 90,000 sq m facility in the western state of Maharashtra to manufacture pre-engineered steel buildings (PEBs). It will be ready by the end of this year.
Annual production capacity will be 3 million sq m of PEBs. Zamil Steel has plants in Saudi Arabia, Egypt and Vietnam.
Pre-engineered steel buildings have many applications. They are used as warehouses, factories, aircraft hangars, commercial centres, offices, recreation centres and showrooms. The most notable advantages of pre engineered steel buildings are the low-cost initial investment, the fast construction time, the low maintenance cost, the large clear-span interiors, and the ease for future expansions.
Zamil Industrial Investment Company (ZIIC) managing director Khalid Al Zamil said: “This initial investment of $20 million – which we have made through Zamil Steel India – is part of our investment strategy for the dynamic and growing Indian marketplace.
“Zamil Steel Industries is a global leader in manufacturing pre-engineered steel buildings and we fully expect our products will partly service local needs and requirements.”
Al Zamil said the company anticipated raising the investment to $30 million in “coming years” to establish an additional manufacturing facility in India.
He added that Zamil Steel Industries had also recently expanded its facilities in Saudi Arabia as well as in Egypt and Vietnam.
“Our manufacturing process utilises the most innovative proprietary technologies and in-house developed engineering systems, and continual improvement and investment have ensured its leadership in this industry. We have supplied in excess of 40,000 pre-engineered buildings to more than 80 international markets.”