The new AED 60 million facility spanning over one hundred and twenty thousand square feet, has a production and storage capacity of AED 300 million+ in Sharjah, UAE

The new facility will serve as a manufacturing and trading unit for three business verticals of Gadoya Holdings - Gama Electrical Trading, Gama Engineering and Sabin Plastics

Dubai, November 13, 2016

Gadoya Holdings, a leading business conglomerate in the UAE, has announced the opening of its second major manufacturing facility in Sharjah. Spanning an area of 120,000 square feet, the new facility, located in the Sharjah Industrial Area, will serve as a corporate office and production unit for three major business verticals of Gadoya Holdings, namely Gama Electrical Trading, Gama Engineering and Sabin Plastic.

The new facility was inaugurated by HE Sheikh Mohammed bin Abdullah Al Thani, Chairman of the Sharjah Department of Statistics and Community Development, along with senior directors of Gadoya Holdings.

Speaking at the inaugural event, HE Mohammed Abdulla Bin Al Thani, said, “Gadoya Holdings is one of the leading business groups in Sharjah and has been here for more than 40 years. We are very happy to see their incredible growth from a small trading company to the industry leader that it is today.”

Gadoya Holdings is a business group comprising of 14 businesses with a combined workforce of over 900 employees. The new manufacturing facility in Sharjah Industrial Area will have a production and storage capacity of AED 300 Million+. 

Speaking at the opening of the new facility, Mr. Satish Gadoya, Chairman of Gadoya Holdings, said: “We are very pleased to launch our second manufacturing facility in Sharjah. Combined with the first in Sharjah Airport International Free Zone, we will be increasing our production and storage capacity to AED 500 million in next 12 months. Our growth in the UAE has been phenomenal over the past few years. In plastics, we have seen a 20 per cent growth year-on-year, and in electricals, we had a growth of 45 per cent over 2015. We are also in the process of setting up operations in Qatar, Oman and KSA.”

“In plastics, we currently manufacture around 400 metric tonnes a month. Our facility in SAIF Zone is the first and only plastics extrusion facility manufacturing polycarbonate and extruded acrylic sheets in the UAE.”

“We plan to open manufacturing plant for Gama Engineering in Abu Dhabi by the end of 2016, and further expand in Qatar as well. Our expansion plan will help us capture a larger market share.” he added.

The Group’s business verticals led by the visionary Satish Gadoya and his sons Piyush Gadoya and Sachin Gadoya include Engineering, Electricals, Plastic manufacturing, sports, travel and tourism, real estate and fitness.  Gadoya Holdings has ventured into the Medical sector this year and are venturing into the education sector by 2017.

-Ends-

About Gadoya Holdings
Gadoya Holdings began its journey in 1991 as a humble ten-person company led by the visionary Satish Gadoya. Armed with passion, he steered the name over three decades into the future, to become an enterprise that stands today amongst the most successful businesses in the region.

Gadoya Holdings boasts a network of 14 companies with a combined workforce of over 900 employees. As with every success story, this is just the beginning. With a yearning to consistently innovate, Gadoya Holdings has always embraced change with open arms and moved with the times. Spreading its wealth of experience across new territories and providing cutting-edge solutions, the Gadoya brand has – above all – maintained relationships that have withstood the test of time.

About Gama and Sabin
Established in 2001, GAMA Engineering, has a network of manufacturing facilities & offices in Sharjah, Dubai, Abu Dhabi and Qatar. It is an ISO 9001, ISO 14001, BS OHSAS 18001 & BSRIA certified company engaged in Manufacturing of LV Switchgear, System integration of BMS, Structured Cabling, Lighting Control, Home Automation & GRMS systems, Busbar Trunking, and other engineering services.

Sabin Plastics is a leading supplier of Acrylic, PVC, Aluminium and Polycarbonate sheets. Sabin caters to a wide range of industries including Construction, Aluminium, Engineering and many more. Currently, the plastics by Sabin Plastics are being produced and stored in more than 6 different facilities in the UAE. Sabin is rapidly growing its operations in the UAE with the aim to cater to all requirements of the plastics industry.

© Press Release 2016