24 June 2023

Industrial Platform

The new Indian unit is located at the heart of Tanger Med Industrial Port Complex, the global logistics hub that will enable INDORE to better serve its customers based in Morocco, Europe, and the Americas. The plant will produce a wide range of composite materials based on fiberglass, carbon fiber, and Kevlar/ Aramid. Its products will be used mainly in the telecommunications, renewable energies, transport, and construction sectors.

Representing a total investment of 15 million euros, the opening of the new 2 Ha plant is an important milestone for INDORE COMPOSITE and testifies to the company’s continued growth and success in the composites industry. The new industrial site, covering an area of 20,000 m2, will produce 2.50 million kilometers of cable a year, and will eventually create more than 400 jobs.

Mr. Mukesh Sanghvi, Managing Director of INDORE COMPOSITE Pvt. Ltd, inaugurated INDORE INTERNATIONAL’s new facility at Tanger Med Industrial Platform. The inauguration ceremony was attended by representatives of the Moroccan Government and Administration, Tanger Med Group, INDORE Group, as well as regional industries.

The ceremony confirmed Indore International’s commitment to its customers and other stakeholders in the Moroccan industrial ecosystem. Representatives of the government, Indore Composite’s customers and executives, and the General Manager of Tanger Med Zones, expressed their shared commitment to developing strong synergies and strategic alliances to strengthen regional value chains. The ceremony ended with a tour of the new facilities.

In his speech, Mr. Ronak Sanghvi, Managing Director of INDORE INTERNATIONAL, expressed his gratitude to his valued customers, the Moroccan government, and the management of Tanger Med Group for their support: “Our new facility in Morocco has been designed with sustainability in mind, with energyefficient technologies and processes to reduce our carbon footprint and minimize waste(…)We are also committed to sourcing raw materials from sustainable sources and ensuring that our supply chain partners share the same commitment to the environment.”

“The development of the INDORE project alongside other Indian industrialists is a good demonstration of how Tanger Med Group supports investors from South-East Asia to strengthen their competitiveness, conquer new markets (European and African), and position themselves in regional value chains”, stated Mr. Ahmed BENNIS, Managing Director of Tanger Med Zones (TMZ).

With more than 25 years’ experience, INDORE COMPOSITE has established itself as a trusted name in the market and is committed to providing its customers with high-quality products and services at competitive prices. As the first business in Africa to introduce the “UV-curing pultrusion process for the manufacture of composite bars”, INDORE INTERNATIONAL includes among its main strategic customers industry leaders such as: Corning Cables, Prysmian Group, Furukawa, ZTT, Sterlite Technologies, etc.

INDORE INTERNATIONAL will be able to leverage the advanced logistics performance of Tanger Med Industrial Port Complex, with weekly connections to more than 180 ports worldwide, representing 70 countries. This international gateway is also home to a vast industrial hub with more than 1,200 companies representing annual export sales of over 13 billion USD in various sectors such as automotive, aeronautics, logistics, textiles, and trade.

INDORE INTERNATIONAL joins the industrial ecosystem of the Tanger Med Industrial Platform, comprising global equipment manufacturers and high-level suppliers, alongside many other Asian businesses such as: ZTT (China), JTEK and Furukawa (Japan), Hands 8 (South Korea), and SUMILON ECO PET (India), with investments in excess of 600 million USD.

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