Investments worth more than Rs 80 trillion are expected in roads, railways and urban infrastructure between now and FY30 and the supply chains helping to build this core infrastructure are also readying to cash in on the growth.
In the first half of the current financial year, orders worth more than Rs 2.6 trillion were tendered in the roads and railways segment alone, according to data sourced from ICRA Ratings and Research. India s transportation infrastructure sector is in high gear, and we enjoy a sizable share of it, said S V Desai, whole time director and senior executive vice president (Civil Infrastructure) for Larsen & Toubro.
Dubai: A focus on growing its export markets is paying off for Ducab, the UAE’s manufacturing giant, to compensate for lacklustre demand locally, according to the cable company’s new CEO.
“We felt the slowing number of [construction] projects, either postponed or pushed back,” said said Mohammed Abdul Rahman Al Mutawa, who incidentally is also the first Emarati to be made CEO at the company. “Ducab was able to compensate for that through-out international presence.”
Ducab has always had a good exposure in the Far East markets, but more recently, it has chipped away building up a clientele in Europe. This is what helped to see off the constant volatility in 2020.
Al Mutawa becomes Ducab s first Emirati CEO
DUBAI, January 14, 2021 Ducab Group, a leading UAE-based manufacturer of cables and cabling products, has appointed Mohammed Abdul Rahman Al Mutawa as the new Group CEO, the first Emirati to hold the position. Al Mutawa, soon after completing his industrial engineering degree from the US, joined Emirates Global Aluminium (EGA) and in 2015, he became part of the Ducab family and served in several position including as chief commercial officer at Ducab Group. Most recently he served as CEO of Ducab Cable Business. He succeeds Andrew Shaw, who led the group for the last 13 years and is now taking up an advisory role in the company s board.
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