
Jash Engineering Ltd. Forms Fully Owned Subsidiary in Saudi Arabia, Targets Revenue of Rs 100 Crores by 2030
Jash Engineering Ltd. has announced the formation of 'Rodney Hunt Mahr Industries' in Saudi Arabia, a fully owned subsidiary. The company has received the commercial registration certificate and plans to apply for industrial land in Dammam 3 Industrial area. The plant is expected to be ready in 10-12 months, with commercial production starting by 1st July 2027. The Saudi market for Water, Waste Water, Desalination and Storm Water is projected to grow substantially, providing Jash Engineering Ltd. with a preference in purchase and price against non-Saudi suppliers. This move is part of the company's proactive response to mitigate the uncertain American business situation. The company expects to become a major player in the Saudi market with revenue exceeding Rs 100 crores by 2030.
Key Highlights
- Jash Engineering Ltd. forms fully owned subsidiary in Saudi Arabia
- Subsidiary named 'Rodney Hunt Mahr Industries'
- Plans to apply for industrial land in Dammam 3 Industrial area
- Expected to become a major player in the Saudi market by 2030
- Proactive response to uncertain American business situation