India’s Shyam Steel Group has established its first international manufacturing facility outside India with the inauguration of Shyam Middle East at Hamriyah Free Zone in Sharjah, backed by an initial investment of $16.34 million (AED60 million).
The project marks the Group’s first overseas investment, positioning Hamriyah Free Zone as the base for its global expansion strategy. The facility will strengthen the company’s presence in non-ferrous metals recycling and manufacturing while serving markets across the Middle East, the GCC, Africa, Asia and Europe.
The Shyam Steel facility was inaugurated during an inspection visit by Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority (HFZA), accompanied by Siddharth Beriwal, Director of Shyam Middle East FZC, along with senior officials from both sides.
During the visit, Al Mazrouei toured the facility’s manufacturing lines, metal recycling systems, and aluminium and copper alloy production operations. He was also briefed on the company’s quality assurance systems, technical laboratories and advanced industrial technologies designed to ensure high standards of operational efficiency, product quality and sustainability.
Al Mazrouei also reviewed the company’s operational and expansion plans of Shyam Steel, which target full utilisation of the plant’s installed annual production capacity of 24,000 tonnes of aluminium alloys and 6,000 tonnes of copper alloys.
Shyam Steel’s long term strategy for expansion
The long-term strategy of Shyam Steel Group includes manufacturing special alloy steel and rare earth metals to support advanced industries. It also plans to strengthen its regional and international footprint by adopting advanced metal recycling technologies and implementing high standards of quality and sustainability to reinforce circular economy principles and improve industrial resource efficiency.
Image Credits: WAM | Cropped by GBN
The expansion roadmap includes doubling the direct workforce to around 100 employees while creating dozens of indirect jobs. The company also plans to invest $40.84 million (AED150 million) in phases over the coming years to expand production capabilities, diversify its product portfolio and enhance competitiveness in advanced manufacturing.
Future expansion phases will include the production of special alloy steel and rare earth metals, broadening the company’s export portfolio and expanding access to markets across the Middle East, Africa, Asia and Europe.
Saud Salim Al Mazrouei said that the decision by Shyam Steel Group, backed by more than seven decades of industrial expertise, to launch its first international investment from Hamriyah Free Zone reflects the growing confidence that leading global industrial groups place in Sharjah as a strategic manufacturing destination.
He added that the investment also underscores the Authority’s continued success in attracting high-value manufacturing projects that support the objectives of the UAE’s National Strategy for Industry and Advanced Technology (Operation 300bn) and the ‘Make it in the Emirates’ initiative by attracting advanced and sustainable industries that strengthen the circular economy, increase value addition across the industrial sector, and contribute to the UAE’s vision of becoming a leading global industrial hub by 2031.
Image Credits: WAM | Cropped by GBN
Al Mazrouei added that Hamriyah Free Zone Authority remains committed to attracting high-quality industrial investments that diversify Sharjah’s economic base while supporting the growth of advanced and sustainable manufacturing.
He emphasised that recycling and advanced manufacturing projects represent one of the Authority’s priority sectors, given their important role in advancing the circular economy, improving resource efficiency and promoting sustainable industrial development.
Siddharth Beriwal said that The inauguration of the new facility by Shyam Steel Group marks a strategic milestone in the Group’s growth journey and lays the foundation for a new phase of expansion across regional and international markets.
He explained that Hamriyah Free Zone was selected following a comprehensive evaluation of its strategic location, world-class industrial infrastructure, specialised industrial facilities and flexible investment policies.
He also highlighted its direct access to the port, regional and international transport networks, proximity to Sharjah International Airport, and seamless connectivity to global shipping routes, creating an integrated logistics ecosystem that enables the company to efficiently source raw materials and export its products to regional and international markets.
Image Credits: WAM | Cropped by GBN
Beriwal added that Shyam Middle East aims to establish itself as a leading regional hub for non-ferrous metal recycling and advanced manufacturing by producing premium-quality aluminum and copper alloys that meet the highest international standards.
Shyam Steel Group will continue investing in advanced technologies, obtaining internationally recognized certifications, including IATF 16949 for the automotive industry, and developing new products to serve the automotive, electrical, aluminum extrusion, die-casting, engineering and conductor industries, strengthening its ability to meet growing demand across regional and global markets while reinforcing its position as a trusted industrial partner in the metals sector.
