Ducab Metals Business (DMB), a leading industrial company based in the UAE, is significantly increasing its efforts in India, one of its fastest-growing markets. India currently makes up 25% of DMB’s global exports, but the company plans to expand this share to 50% by 2025, thanks to the India-UAE Comprehensive Economic Partnership Agreement (CEPA).
DMB saw a 12% growth in global revenue in 2024 and expects a 15% increase in 2025. The company also experienced a 4% growth in volume globally last year, with a projected 21% rise in 2025. This growth is attributed to increased market demand and strategic business initiatives.
India is an important trade partner for the UAE, and the CEPA agreement has further strengthened this relationship. The deal allows transactions to be made in Indian Rupees and UAE Dirhams, making it easier for UAE exports to enter the Indian market. It also reduces or removes tariffs and opens up new opportunities for UAE service providers and businesses in India.
India’s copper market was valued at 6.6 lakh tons in 2023, with expectations for a 6.6% annual growth rate until 2030, reaching 10.3 lakh tons. Despite not being a major copper producer, India relies heavily on imports to meet its demand. Similarly, India’s aluminium market, worth USD 11.28 billion in 2023, is projected to grow to USD 18.84 billion by 2030, driven by infrastructure development.
DMB is the only company in the MENA region producing both copper and aluminium, positioning it as a crucial partner for India’s energy, automotive, packaging, and healthcare sectors. The company recently strengthened its market position by acquiring GIC Magnet, a UAE-based manufacturer, to enhance its product innovation and diversification.
Mohamed Al Ahmedi, CEO of Ducab Metals Business, said, “India is a powerhouse of industrial growth, and DMB is committed to supporting this progress. With rapid infrastructure expansion, rising demand for sustainable materials, and a booming manufacturing sector, India presents a significant opportunity for us to innovate and contribute to the country’s economic success.”
DMB operates with an annual production capacity of 300,000 tonnes, using its CONTIROD technology to produce high-quality copper rods, cables, wires, and overhead conductors. These products are essential for industries such as energy, transportation, and construction. With more than 70% of its products being exported to over 75 countries worldwide, DMB is not only growing in India but also investing in innovation to support India’s industrial transformation.
Ducab Metals Business, part of the Ducab Group, was established in 2020, building on the company’s two-decade legacy. DMB provides customized copper and aluminium solutions for industries such as automotive, packaging, and healthcare. The company is committed to sustainability, innovation, and customer satisfaction while maintaining the highest standards of quality. It aims to expand its product range, increase efficiency, and reduce its carbon footprint to meet the needs of global industries.
