Dubai, UAE 30 April 2013: Everest Metal Industries (EMI), a leading manufacturer of cable management systems in the UAE celebrates its 20th anniversary this year. EMI, a part of the Dubai-based Triveni Group, which started as a small trading division in 1993 has grown to become a large manufacturer serving leading MEP contractors in the region today.
Commenting on the occasion of the 20th anniversary, Ashok J. Galgotia, Managing Director and Chief Executive Officer, Triveni Group said: “We are proud of EMI's success over the past 20 years which is a result of technical innovation and commitment to customers. We thank all stakeholders for their continued support.”
As a testimony to its leading market position and recognition by consultants and contractors, EMI has bagged numerous cable management projects including Central Market, Cleveland Clinic, Shams Gate and Yas Mall in Abu Dhabi, Dubai Sports Complex and Meydan in Dubai, besides various projects for water and electricity authorities and oil and gas companies in UAE, Oman and Qatar.
Recently, EMI signed an agreement with SAMCO Canada, a world leader in rollforming technology to purchase their new state-of-the-art machinery. Present at the signing ceremony were Ashok J. Galgotia, Managing Director and CEO of Triveni Group Mr. Yadu Saharia, Executive Director of Everest Metal Industries LLC, Vivek Singh, MD & CEO, Samco Machinery India Pvt Ltd, a subsidiary of SAMCO Machinery Limited-Toronto- CANADA and Riaz Poonawala, Head of Emerging Corporate – Emirates NBD, Sharjah.
Speaking on the roadmap for EMI's growth plan, Yadu Saharia, Executive Director, EMI commented:“We are pleased with what we have achieved in terms of our growth. We have always focused on developing long term relationships with customers, systems and business processes and our technical resources. Now, we have set our sights on a diversification and expansion program to bring more value added products and services and also boost our export sales.”
Though the regional economic conditions in 2009 and 2010 affected EMI's growth marginally, the company quickly managed to implement new strategies which resulted in steady growth rate of 20-25 percent annually in the last 3 years. With the renewed economic activities in the UAE and more specifically in Dubai, EMI expects to achieve even better growth rate in the coming years.
Saharia concluded by saying “We value the contribution of our employees and we have initiated a number of employee benefit schemes including EMI CARE program to support the education for children of our labour force in their home countries. As part of our 20th anniversary celebrations, EMI will reward loyal employees who have completed between 10-20 years service”.