11 April 2017

Aiming for rapid expansion, Doha-based Ellora Group opened a state-of-the-art corporate office in Doha recently (on April 8, 2017).

“This is a big step because we are going to expand to other GCC and Asian countries from 2018. In a year, we plan to invest QR 182million ($50mn) in Qatar, UAE, KSA, Oman,China and India”, said Murshid Keeranthodi, Managing Director of Ellora Group Wll.

Ellora Group, an ISO certified building materials and fasteners distributor, has been operational in Doha for the last five years. The firm has seven showrooms in GCC and three coordinating offices in GCC and China.

“To meet the growing demand, we are going to manufacture our own brands of tools and machineries befitting international standards from our plant in China by 2019. We also plan to setup a factory in Doha to produce threaded bars, stud bolts, foundation bolts and structural bolts by the middle of 2018”, Murshid added.

“We want to be a part of the infrastructure development of GCC. Amidst the rising building construction activities, we wish to contribute to GCC's $10 billion market,” he said.

“According to IMF’s report, Qatar is forecast to reach an annual growth rate of 3.4% in 2017, which is the highest forecast growth in the GCC and Ellora Group is keen to be a part of the development of this growing country,” he noted.

Ellora Group deals with a variety of tools and accessories from international brands like UNIKA Japan, Ampro, SAKURA, ALCO, BANDO, TVS, SPARTAN, SKF, KOYO, and NSK. The group has a huge stock of nuts, bolts, rigging, lifting accessories, filters, industrial and automotive belts, bearings, valves, flanges, hand tools, drill bits, and hydraulic hoses.

-Ends-

For More Details
Mohammed A Rasheed
Influence PR Management
e-mail: director@influenceprm.com
visit: www.influenceprm.com
Contact:00971501937393

Shiran Keeran
Project Manager
ELLORA GROUP HEAD QUARTERS
Post Box No.13437, Street 32, Wakalath Street, Doha – Qatar, +974 33897196, 33220101
info@elloragroupwll.com

© Press Release 2017