Ducab Metals to Double Export Growth in India under CEPA in 2025

17 Feb 2025 CW Team

India is one of the UAE’s major international trading partners, with bilateral commerce between the two countries. This CEPA partnership promotes the use of the Indian Rupee and UAE Dirham in bilateral trade, which is a first-of-its-kind arrangement for India. Hence this partnership enables greater access for UAE exports entering the Indian market through the reduction or removal of tariffs on multiple products, enhanced market access for UAE’s service providers across multiple sectors and access for UAE businesses to Indian government opportunities.

By volume, India Copper Market size was estimated at 6.6 lakh tons in 2023. During the forecast period between 2024 and 2030, India Copper Market size is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.6 per cent reaching the volume of 10.3 lakh tons by 2030. As India is not a major copper producer in the world, it relies heavily on copper imports to meet the demand.

India Aluminium Market size was valued at US $ 11.28 billion in 2023, and is predicted to reach US $ 18.84 billion by 2030, at a CAGR of 7.6 per cent from 2024 to 2030. India's continued extensive infrastructure development generates a strong demand for aluminium in India.

DMB is the only company in the MENA (Middle East-North Africa) region producing both copper and aluminium, making it a key partner for India's energy, automotive, packaging, and healthcare industries.

The company’s confidence in India is further reinforced by its recent strategic acquisition of GIC Magnet, a UAE-based manufacturer, strengthening DMB’s capabilities in innovation, sustainability, and product diversification. This move aligns with its long-term vision to expand its product portfolio and global market presence.

Commenting on India business, Mohamed Al Ahmedi, CEO, Ducab Metals Business, said: “India is a powerhouse of industrial growth, and DMB is committed to being a key enabler of this progress. With rapid infrastructure expansion, increasing demand for sustainable materials, and a thriving manufacturing sector, India presents a tremendous opportunity for us to not just grow, but to innovate and contribute to the country’s economic success.”

DMB has a production capacity of 300,000 tpa; it is also using its capabilities in the sector to drive the business with its CONTIROD technology producing high-quality ETP copper rods, flexible cables, wires and overhead conductors for the electrical industry. DMB’s products are vital for the industry which unleashes many potentials in different segments and supports the energy sector as well as the transportation, and construction.

Over 70 per cent of DMB’s products are exported to more than 75 countries across the Middle East, Africa, Asia, Europe, and the Americas.

With an ambitious roadmap for India, DMB is not just exporting materials - it is building partnerships, investing in innovation, and fuelling India’s industrial transformation. As demand grows, DMB powers India's next decade of progress.

Ducab Metals Business (DMB), one of the UAE’s top industrial players, is doubling down on India - one of its fastest-growing markets. Currently contributing 25 per cent of DMB’s global exports, India is central to the company’s expansion strategy, with plans to scale this to 50 per cent under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) in 2025. DMB achieved a 12 per cent revenue growth in 2024 globally, with projections indicating a 15 per cent increase in 2025. In terms of volume, the company recorded a 4 per cent growth in 2024 globally, with an estimated 21 per cent surge in 2025, driven by expanding market demand and strategic business initiatives.India is one of the UAE’s major international trading partners, with bilateral commerce between the two countries. This CEPA partnership promotes the use of the Indian Rupee and UAE Dirham in bilateral trade, which is a first-of-its-kind arrangement for India. Hence this partnership enables greater access for UAE exports entering the Indian market through the reduction or removal of tariffs on multiple products, enhanced market access for UAE’s service providers across multiple sectors and access for UAE businesses to Indian government opportunities.By volume, India Copper Market size was estimated at 6.6 lakh tons in 2023. During the forecast period between 2024 and 2030, India Copper Market size is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.6 per cent reaching the volume of 10.3 lakh tons by 2030. As India is not a major copper producer in the world, it relies heavily on copper imports to meet the demand.India Aluminium Market size was valued at US $ 11.28 billion in 2023, and is predicted to reach US $ 18.84 billion by 2030, at a CAGR of 7.6 per cent from 2024 to 2030. India's continued extensive infrastructure development generates a strong demand for aluminium in India.DMB is the only company in the MENA (Middle East-North Africa) region producing both copper and aluminium, making it a key partner for India's energy, automotive, packaging, and healthcare industries.The company’s confidence in India is further reinforced by its recent strategic acquisition of GIC Magnet, a UAE-based manufacturer, strengthening DMB’s capabilities in innovation, sustainability, and product diversification. This move aligns with its long-term vision to expand its product portfolio and global market presence.Commenting on India business, Mohamed Al Ahmedi, CEO, Ducab Metals Business, said: “India is a powerhouse of industrial growth, and DMB is committed to being a key enabler of this progress. With rapid infrastructure expansion, increasing demand for sustainable materials, and a thriving manufacturing sector, India presents a tremendous opportunity for us to not just grow, but to innovate and contribute to the country’s economic success.”DMB has a production capacity of 300,000 tpa; it is also using its capabilities in the sector to drive the business with its CONTIROD technology producing high-quality ETP copper rods, flexible cables, wires and overhead conductors for the electrical industry. DMB’s products are vital for the industry which unleashes many potentials in different segments and supports the energy sector as well as the transportation, and construction.Over 70 per cent of DMB’s products are exported to more than 75 countries across the Middle East, Africa, Asia, Europe, and the Americas.With an ambitious roadmap for India, DMB is not just exporting materials - it is building partnerships, investing in innovation, and fuelling India’s industrial transformation. As demand grows, DMB powers India's next decade of progress.

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