When we think of Dubai, images of towering skyscrapers, luxurious resorts, and extravagant shopping experiences often come to mind. For years, Dubai has enchanted visitors with its iconic landmarks, world-class hotels, and extravagant shopping malls. It has become synonymous with luxury and indulgence, attracting millions of tourists seeking unforgettable experiences. The city’s ability to create a harmonious blend of tradition and modernity has made it a magnet for travellers from all corners of the globe.
However, beneath the surface of its glamorous facade lies a remarkable transformation taking place. Behind the scenes, Dubai has been strategically diversifying its economy and expanding its horizons. Recognising the need to reduce its reliance on oil revenues and embrace a more sustainable future, the Emirate has embarked on a journey to transform itself into a manufacturing powerhouse. At the heart of this transformation is the ambitious D33 initiative.
The D33 initiative, launched by the Dubai Department of Economic Development (DET), is a comprehensive strategy aimed at doubling the size of Dubai’s economy between 2023 and 2033. One of its primary objectives is to boost the value added in the manufacturing sector by an impressive 150% and double exports over the same period. This visionary roadmap is reshaping perceptions of Dubai and positioning it as a gateway for businesses to establish a global footprint.
This story is from the May 2024 edition of Manufacturing Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the May 2024 edition of Manufacturing Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Why expertise in process fluid solutions is key to aerospace manufacturing performance
India's aerospace sector has become a global hotspot for innovation, supported by a skilled workforce, cost advantages, and conducive policies. With top multinational corporations setting up manufacturing bases in the country, the industry is on an impressive growth trajectory.
AUTOMOTIVE: Auto PLI scheme drives Rs 20,715 Cr investment, boosts sales by Rs 10,472 Cr
With ongoing support for EVs and battery storage, India is set to lead in automotive technology.
Airbus selects Indian manufacturers for key A220 door parts
The collaboration between Dynamatic Technologies and Aequs underscores their shared dedication to excellence and innovation in aerospace manufacturing.
L&T secures ₹7,628 cr contract for Vajra artillery guns
The Ministry of Defence has signed a ₹7,628 crore agreement with Larsen & Toubro (L&T) for the procurement of K9 Vajra self-propelled artillery guns to strengthen the Army's firepower.
Jaya Hind Industries Crafting the Future of Manufacturing Through Innovation and Precision
India’s manufacturing renaissance owes much to Jaya Hind Industries Private Limited, a trailblazer in the sector for over seven decades. Part of the esteemed Dr Abhay Firodia Group, the company began its journey in 1947, evolving from a producer of basic auto components into a global leader in aluminium diecasting solutions. Serving some of the most respected Original Equipment Manufacturers (OEMs) worldwide, Jaya Hind has consistently redefined manufacturing excellence.
DIGITALIZATION: Digital transformation for chemical plants
The Indian chemical industry, contributing 7% to GDP, embraces digital transformation, IoT, and AI to enhance safety, sustainability, energy efficiency, and predictive maintenance.
What's next for the manufacturing industry in 2025?
Industry opinion on the year ahead in manufacturing.
Closing the skills divide
Bridging India's skills gap in manufacturing and engineering is crucial for equipping the workforce with the necessary expertise in emerging technologies like AI, IoT, and automation
Machine tools surge
From cutting-edge technology to global integration, these developments are reshaping India's machine tools industry and paving the way for its transformation and growth.
SHAPING THE FUTURE OF MANUFACTURING WITH INNOVATION AND COLLABORATION
Rajendra S. Rajamane, President of IMTMA, discusses how IMTEX 2025 will showcase emerging technologies, promote global collaborations, and tackle industry challenges.
