Ducab Metals Business (DMB), a leading industrial player from the UAE, is ramping up its efforts in India, one of its fastest-growing markets. India currently accounts for 25% of DMB’s global exports, and the company plans to increase this share to 50% by 2025 under the India-UAE Comprehensive Economic Partnership Agreement (CEPA).
The company achieved a global revenue growth of 12% in 2024 and anticipates a 15% growth in 2025. DMB also recorded a 4% volume growth globally in 2024, with an estimated 21% increase expected in 2025, driven by expanding market demand and strategic initiatives. India is a key trading partner for the UAE, with bilateral trade benefiting from the CEPA agreement, which includes the use of the Indian Rupee and UAE Dirham for transactions. This agreement enables easier access for UAE exports into the Indian market by reducing or eliminating tariffs, and offers expanded opportunities for UAE service providers and businesses in India.
The copper market in India was valued at 6.6 lakh tons in 2023, with projections indicating a 6.6% compound annual growth rate (CAGR) until 2030, reaching 10.3 lakh tons. India is not a major copper producer, relying heavily on imports to meet demand. Similarly, India’s aluminium market, valued at USD 11.28 billion in 2023, is expected to grow to USD 18.84 billion by 2030, driven by infrastructure development.
DMB stands out as the only company in the MENA region that produces both copper and aluminium, positioning it as a vital partner for India’s energy, automotive, packaging, and healthcare industries. The company recently strengthened its position by acquiring GIC Magnet, a UAE-based manufacturer, to boost its innovation and product diversification capabilities.
Mohamed Al Ahmedi, CEO of Ducab Metals Business, stated, “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 innovate and contribute to the country’s economic success.”
DMB operates with a production capacity of 300,000 tonnes per annum, utilizing its CONTIROD technology to produce high-quality ETP copper rods, cables, wires, and overhead conductors, essential for various industries, including energy, transportation, and construction. With over 70% of its products exported to more than 75 countries worldwide, DMB is not just expanding its footprint in India, but also investing in innovation and contributing to India’s industrial transformation.
Ducab Metals Business (DMB) is a trusted provider of high-quality copper and aluminium solutions. Established in 2020 as part of the Ducab Group, DMB builds on a legacy of over two decades, offering tailored solutions to diverse industries, including automotive, packaging, and healthcare. The company operates with state-of-the-art facilities and focuses on sustainability, innovation, and customer satisfaction, while maintaining high standards of quality. DMB is committed to expanding its product range, increasing efficiency, and reducing its carbon footprint, all while meeting the evolving needs of global industries.
