PRESSR: Himalaya Wellness expands in the UAE by laying the foundation stone for an advanced drug and pharmaceutical factory worth AED 200 million in Dubai Industrial City

A new facility for manufacturing tablets, capsules, liquid medicines and ointments, with a capacity to meet global requirements until the year 2030.

The new factory will collaborate with the Himalaya Global Research Center at Dubai Science Park to develop new products

Emirates Development Bank is financing the construction of Himalaya Wellness's first factory outside India

Dubai, United Arab Emirates, Himalaya Wellness Company, after obtaining financing from the Emirates Development Bank, the main financial driver of the economic diversification and industrial transformation agenda in the UAE, announced the laying of the foundation stone for an advanced drug and pharmaceutical factory in Dubai Industrial City, affiliated with the TECOM Group.

The factory will produce pharmaceutical preparations and nutritional supplements made from herbs, thus enhancing the pharmaceutical and medical preparations industry in the UAE and establishing global confidence in products manufactured in the country, in line with the objectives of the 300 Billion Project, Make in the UAE, We Are the UAE 2031, and the Dubai Economic Agenda D33.

The investment value in the factory is $54.4 million (200 million dirhams), and the first phase will be built on an area of 225,000 square feet, and will provide about 250 job opportunities, while its annual production capacity will reach 3 billion pharmaceutical tablets, 15 million syrup packages, and 3 million tubes. Marham, while preparing the facility’s capacity to meet global quantity requirements until 2030.

The Himalaya Wellness factory will be built in compliance with EMA manufacturing practices, as well as WHO and US Food and Drug Administration standards, as well as following local regulations and laws of the Ministry of Health and Prevention.

The event was attended by a group of high-level officials and dignitaries, including Ahmed Mohammed Al Naqbi, CEO of the Emirates Development Bank; Mohammed Ali Al Kamali, Executive Director of Operations - Industry and Export Development at Dubai Economic Development Corporation; Abdullah Belhoul, CEO of TECOM Group; Shailendra Malhotra, CEO, Himalaya Wellness; Saud Abu Al-Shawareb, Executive Vice President of TECOM Group - Industrial Sector; Ammar Al-Malik, Executive Vice President of TECOM Group - Commercial Sector; Jatin Brahmicha, Global Chief Financial Officer, Himalaya Wellness, along with Lubna Manal and Sufyan Manal from the Himalaya management team.

The commencement of construction work on a factory in Dubai Industrial City represents an affirmation of Himalaya's commitment to expanding its business around the world from Dubai, especially within the business parks of the TECOM Group. The Himalaya Group, which was founded in India in 1930, operates a 92,000 sq ft global R&D center at Dubai Science Park, one of TECOM Group's specialized business parks modeled on Dubai Industrial City.

The Himalaya Wellness factory will cooperate with the R&D Center at Dubai Science Park in developing new products, enhancing production processes, expanding the scope of activities and transferring advanced technologies.

Speaking on behalf of Dubai Industrial City, Saud Abu Al Shawareb, Executive Vice President of TECOM Group - Industrial Sector, said: “We are keen to provide an integrated industrial business environment in various sectors, including the pharmaceutical industry, with the aim of contributing to achieving national priorities, ensuring health and safety, and strengthening the economy.” National Bank, in line with the objectives of the 300 billion “Made in the Emirates and We Are the Emirates 2031” project and the Dubai Economic Agenda D33.

He added: “As a strategic driver of the wheel of industrial development in the UAE, Dubai Industrial City welcomes Himalaya Wellness and we look forward to strengthening cooperation in a way that contributes to strengthening the UAE industrial sector and consolidating Dubai’s position as a global center for advanced manufacturing and logistics services.”

Commenting on the laying of the foundation stone, Shailendra Malhotra, CEO of Himalaya Wellness, said: “We continue to strengthen our global position as a brand that follows a thoughtful, scientific approach and focuses on providing integrated herbal products. We are certain that Dubai is the ideal strategic center for us, as the emirate stands out.” With its ability to attract global talent, which is crucial to our efforts to build a prestigious R&D and manufacturing facility that will shape the future of the herbal products industry. In addition to our global headquarters and the region’s headquarters in Dubai, we are pleased to build two of our facilities within the most thriving business parks in Dubai, Dubai Industrial City and Dubai Science Park.

In turn, Ahmed Mohammed Al Naqbi, CEO of the Emirates Development Bank, stressed the bank’s constant keenness, and within its strategic vision, to support investment projects in vital sectors that have the greatest impact on the quality of life in society. He said: “Financing the new Himalaya Wellness factory comes in line with our strategic vision of supporting... Plans for sustainable economic diversification and enhancing export activities in the UAE.”

Al Naqbi added: “The construction of a world-class facility, the first of its kind for Himalaya outside India, will contribute to enabling the company to meet the growing global demand for its products. It is also in line with the strategic directions of the “Make in the UAE” initiative, which aims to enable companies to “Benefiting from the global position of the UAE as a global center for industry based on the optimal use of modern technologies, and also enabling it to benefit from the strategic location of the Emirates, and through it to access all global markets.”

The establishment of the factory is in line with Himalaya Wellness's plans to consolidate Dubai's position as a center for exporting its products to the markets of the Gulf Cooperation Council countries and the Middle East, in addition to exporting its products to the United States, Europe, and selected countries in Asia and the Pacific in the future. It is expected that enhancing production capacity will help the company use the latest technologies and provide products at competitive prices to its global network of customers.

In addition, the latest pharmaceutical product manufacturing, filling and packaging technologies will be used in the new factory, with many warehousing processes automated to enhance efficiency. The construction will use high-quality materials and construction, while enabling solar electricity generation and water recycling at the plant.

Emirates Development Bank's support for the new Himalaya factory comes within the framework of the bank's efforts to promote economic diversification, support the growth of the healthcare sector, and develop the capabilities of local industry in the UAE. The Emirates Development Bank aims to approve financing worth 30 billion dirhams to support companies in the Emirates in five priority sectors - industry, health care, food security, advanced technology, and renewable energy, by 2026.

Dubai Industrial City, which was established in 2004, is considered one of the most prominent and largest industrial and logistics complexes in the region, as it includes more than 800 clients from the most prominent international and regional companies and 300 factories that have entered into production in various sectors. It is also considered one of the specialized business parks affiliated with the TECOM Group, which These include Dubai Internet City, Dubai Media City, Dubai Studio City, Dubai Production City, Dubai Science Park, Dubai Knowledge Park, Dubai International Academic City, and Dubai Design District.

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