This notable expansion is the company’s fourth since its set-up in RAKEZ
HH Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, recently attended the launch of Hira Industries’ Global Research and Development Center in the Al Ghail Industrial Zone.
A global manufacturer and supplier in the construction sector since 1980, Hira Industries’ new 100,000sqft facility will cater to the local construction sector as well as 60 international markets by manufacturing 1mn sqm. of Aerofoam XLPE thermal insulators every month. It will also create 100 jobs in the emirate.
HH Sheikh Saud was accompanied by Hira Group’s Founder Ramesh Hira, Shareholders Girish Hira and Manish Hira, CEO Prakash Sarvaiya and RAKEZ Group CEO Ramy Jallad.
This notable expansion is the company’s fourth since its set-up with Ras Al Khaimah Economic Zone (RAKEZ) in 2008, marking a significant milestone in its journey of innovation and growth.
Over 1000 employees
Hira Industries has been a part of the RAKEZ business ecosystem for 15 years, growing from a modest team to a workforce of more than 1,000. The company’s 700,000sqft facility in the Al Ghail Industrial Zone is a testament to its exponential growth and commitment to innovation.
This expansion is illustrative of Hira Industries’ journey within RAKEZ, highlighting not just growth in physical facilities and operations, but also in workforce development and a broadening business scope within the construction sector.
“The emirate’s business-friendly environment and strategic location supports our commitment to excellence in the HVAC industry. Our expanded presence in RAKEZ, now with a total of seven units, underscores our focus on manufacturing activities within this region,” remarked Sarvaiya.
“At RAKEZ, we are committed to continuously working towards empowering our business partners like Hira Industries, helping them realise their full potential and paving the way for their future success,” said Jallad.
