India's Jagdamba Global Equipment Solutions has announced that it has signed a cooperation agreement with the Hamriyah Free Zone Authority (HFZA).
Publish dateMonday 29 July 2024 - 20:51
The company has selected Hamriyah in Sharjah as the regional headquarters for its first phase of expansion outside India.
According to this agreement, Jagdamba Global Equipment Solutions will build its factory in Hamriyah Free Zone with an initial investment of 30-35 million dirhams.
Established in 2018 in India, Jagdamba Trailers has become a leading manufacturer and supplier of various types of trailers.
The expansion of Jagdamba into the HFZA reinforces the region's reputation as a major hub for foreign direct investment and a vital link to markets around the world.
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Source : news agency wam
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