NMDC Opens Dubai Office to Drive Global Expansion

03 Jul 2025 CW Team

India’s top iron ore producer, NMDC, has inaugurated its first overseas office in Dubai, a key milestone in its international growth strategy. The launch was officiated by Steel and Heavy Industries Minister H.D. Kumaraswamy, along with senior Indian officials and industry leaders.

The Dubai office will act as NMDC’s global coordination centre, overseeing developments in the mineral sectors of the Middle East, North Africa, Australia, and other regions. Its mandate includes identifying critical mineral assets, conducting technical and commercial assessments, and engaging with regulatory bodies, partners, and research institutions.

Chairman and Managing Director Amitava Mukherjee said, “Dubai offers strategic access to global markets. This new office reinforces our ambition to play a more prominent role in the international mining arena and accelerate our mineral diversification efforts.”

As part of its Vision 2030, NMDC is targeting production of 100 million tonnes annually while expanding into lithium, cobalt, and other key minerals to support India’s energy transition. The Dubai base will enhance responsiveness, offer market insights, and help forge partnerships to secure India’s position in the global mineral value chain.

NMDC is currently evaluating acquisition opportunities in ten major mineral assets across Africa, Australia, and South America. The company also aims to strengthen its presence in Mining Equipment and Technology Services (METS), positioning the Dubai office as a strategic hub for its long-term international ambitions.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..