Samco involved in Everest Metal Industries (EMI) ambitious expansion plans
Everest Metal Industries (EMI), a part of the Dubai-based Triveni Group, is gearing itself for an ambitious expansion and diversification program in its 20th anniversary year, as it further consolidates its position in the industrial sector as a leading manufacturer of cable management systems in the UAE.
EMI, which started as a small trading division of Triveni Group in 1993, has grown to become a large manufacturer serving leading MEP contractors in the region today.
It has bagged numerous cable management projects including Central Market, Cleveland Clinic, Shams Gate and Yas Mall in Abu Dhabi, Dubai Sports Complex and Meydan in Dubai, besides various projects for water and electricity authorities and oil and gas companies in UAE, Oman and Qatar.
EMI has just signed an agreement with SAMCO Canada, a world leader in roll-forming technology to purchase its new state-of-the-art machinery. Present at the signing ceremony were Ashok J. Galgotia, Managing Director and CEO of Triveni Group, Yadu Saharia, Executive Director of Everest Metal Industries, Vivek Singh, MD & CEO, Samco Machinery India Pvt Ltd, a subsidiary of SAMCO Machinery Limited-Toronto- CANADA and Riaz Poonawala, Head of Emerging Corporate – Emirates NBD, Sharjah.
Though the regional economic conditions in 2009 and 2010 affected EMI’s growth marginally, the company quickly managed to implement new strategies which resulted in steady growth rate of 20-25 percent annually in the last 3 years. With the renewed economic activities in the UAE and more specifically in Dubai, EMI expects to achieve even better growth rate in the coming years.
Ashok J. Galgotia, Managing Director and Chief Executive Officer, Triveni Group said: “We are proud of EMI’s success over the past 20 years which is a result of technical innovation and commitment to customers. We thank all stakeholders for their continued support.”
Speaking on the roadmap for EMI’s growth plan, Yadu Saharia, Executive Director, EMI commented: “We are pleased with what we have achieved in terms of our growth. We have always focused on developing long term relationships with customers, systems and business processes and our technical resources. Now, we have set our sights on a diversification and expansion program to bring more value added products and services and also boost our export sales.”