https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Indian PSUs Expand Industrial Horizon: NMDC & MECON Get International Offices in Dubai, Union Minister Inaugurates

Strategic Move Strengthens India’s Global Presence in Critical Minerals, Engineering, and Industrial Diplomacy
Indian Masterminds Stories

Dubai, UAE: In a landmark step towards enhancing India’s industrial and strategic footprint in global markets, Union Minister of Steel, Mr H.D. Kumaraswamy inaugurated the international offices of NMDC Limited and MECON Limited in Dubai, United Arab Emirates. The event marks a major milestone in India’s efforts to secure critical minerals, expand engineering consultancy services, and solidify India-UAE bilateral cooperation.

A New Gateway for India’s Global Mineral Strategy

The opening of the Dubai offices by two of India’s top Public Sector Undertakings (PSUs), NMDC Ltd and MECON Ltd, is seen as a strategic move to leverage Dubai’s geographical and commercial position as a gateway to Africa, Australia, and South America. The aim: build a resilient global mineral supply chain and drive India’s industrial ambitions, including green steel and renewable infrastructure.

This move is part of a deliberate global strategy,” said Mr Kumaraswamy.

Dubai offers the perfect vantage point for NMDC to lead India’s mineral diversification, especially in sourcing critical minerals for green transition technologies.”

Read Also: NMDC Powers Tribal Healthcare Dreams with Fully-Funded Courses for Chhattisgarh Youth

Meeting with Ras Al Khaimah’s Ruler: Strengthening Bilateral Industrial Ties

The Union Minister’s visit began with a high-level meeting with His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah (RAK). Discussions included:

  • Long-term procurement of low-silica limestone
  • Value-added steel exports from India
  • Setting up calcined lime production units
  • Collaboration on green hydrogen and green steel
  • Expanding CPSE presence in the region through SAIL, NMDC, and MECON

Currently, SAIL procures 2.5 million tonnes of limestone annually from Stevin Rock LLC, RAK, and is expected to increase procurement with its expansion plans from 20 to 35 MTPA.

NMDC: Building India’s Global Mining Network

As India’s leading iron ore producer, NMDC Ltd is now actively scouting mineral-rich regions for acquisitions in Africa, Australia, and South America, including critical minerals like steel-grade limestone, dolomite, and elements needed for energy transition.

With the Dubai office now functional, NMDC will:

  • Enable real-time global market response
  • Facilitate direct partnerships with international miners
  • Track policy and regulatory shifts across regions
  • Collaborate with governments, research institutions, and business leaders
  • MECON: Taking Indian Engineering to Global Markets

MECON Ltd, India’s renowned engineering and consultancy PSU, now extends its services to the Middle East from Dubai. The firm aims to become a regional hub for infrastructure design, project execution, and green industrial solutions.

Key areas of focus include:

  • Oil & gas infrastructure design
  • Steel plant planning and decarbonisation
  • Smart manufacturing systems
  • Digital twin technologies for industrial optimisation

Dubai is not just a location—it is a launchpad,” Mr Kumaraswamy emphasized.

This office represents India’s ability to offer world-class engineering solutions globally.

Strategic Dialogue with Indian Business Leaders in the Gulf

In an interactive session, the Minister engaged with CEOs and MDs of Indian companies operating in the Gulf, joined by the Indian Ambassador to the UAE and RAK’s Advisor. The conversation highlighted:

  • Investment opportunities in mineral processing
  • Joint R&D initiatives in green energy
  • Deepening diaspora participation in industrial ventures

India’s public and private sectors are now firmly embedded in global value chains,” Kumaraswamy noted.

Our diaspora is a force multiplier in expanding Indian innovation abroad.”

Read Also: NMDC Targets 22% Output Growth to 55 MT in FY26; On Track for 100 MT Iron Ore Goal by 2030, Says CMD

India-UAE: A Partnership for Future Industries

The new Dubai offices align with India’s National Steel Policy and the Atmanirbhar Bharat initiative, while reinforcing ties with the UAE’s industrial sector. This cooperation spans areas of:

  • Raw material security
  • Green steel diplomacy
  • Clean energy technologies
  • Global digital and engineering services

India’s story is no longer confined within its borders,” Kumaraswamy concluded.

It is being written in global cities like Dubai, by institutions like NMDC and MECON, through partnerships that bring prosperity across continents.”

About NDMC
NMDC Limited, a Navratna PSU under the Ministry of Steel, is India’s largest producer and exporter of iron ore, operating fully mechanized mines in Chhattisgarh and Karnataka. Apart from iron ore, NMDC is also involved in the exploration of other minerals such as rock phosphate, gypsum, diamond, coal, and more. It operates the country’s only mechanized diamond mine located in Panna, Madhya Pradesh


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
PM Modi
PM Modi Meets Global Energy CEOs at India Energy Week 2026, Highlights $100 Billion Investment Potential in E&P Sector
high court of Telangana
Telangana HC Orders IAS Officers Navin Mittal & Sandeep Jha to Appear in Contempt Case, Slams “Leisurely” Attitude
NTPC REL
NTPC Renewable Energy Commissions 130.47 MW From Khavda-I Solar Project in Gujarat
WCL Western Coalfield
Western Coalfields Limited Appoints Sandeep S. Paranjpe as Director (Technical/Project & Planning)
mou
ONGC, GAIL Sign MoU at India Energy Week 2026 to Partner in Future Exploration Bid Rounds
gail
GAIL Signs Term Sheet with Japan’s K LINE and JM Baxi for LNG Shipping Venture in Singapore
Bihar Agriculture Department
Bihar: Horticulture Festival to Be Held in Patna from February 6 to 8, Farmers to Learn Modern Techniques
nbcc
NBCC Celebrates 77th Republic Day with Patriotic Fervour at World Trade Center, New Delhi
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2026-01-26 at 8.12
Hemming ITDC To Provide Ultimate Travel, Tourism & Hospitality Experience | IAS Mugdha Sinha Video Interview
Desh Deepak Verma IAS Video Interview
The Life & Times of an UPSC Aspirant in Allahabad
Desh Deepak Verma
The Dhaba Deal That Helped Flip The Ledger of UPSRTC 
ADVERTISEMENT
UPSC Stories
IAS Avdhija Gupta UPSC
She Cried, She Learned, She Returned: The Unbreakable UPSC Journey of IAS Avdhija Gupta
From three consecutive Prelims failures to securing AIR 43, IAS Avdhija Gupta’s UPSC CSE-2024 journey...
UPSC Logo Explained
Why the UPSC Centenary Logo Matters: A Visual Guide to 100 Years of Civil Services
The UPSC centenary logo marks 100 years of India’s civil services. Decode its symbols and trace the journey...
Bhilai Steel Plant Diploma Engineer to CGPSC 2024 Deputy Collector – Yashwant Dewangan
Lost Father at 17, Worked Full-Time: Bhilai Steel Plant Diploma Engineer to CGPSC 2024 Deputy Collector – Yashwant Dewangan
Yashwant Kumar Dewangan, a BSP diploma engineer from Korba, overcame personal and professional challenges...
Social Media
One-Horned Rhino Calf
Watch: First One-Horned Rhino Calf of 2026 Takes Birth at Jaldapara National Park, IFS Officer Shares Rare Footage
A newborn one-horned rhinoceros calf was spotted at Jaldapara National Park on January 1, 2026. IFS officer...
venomous banded krait
Rare Night Encounter: IFS Officer Spots Highly Venomous Banded Krait During Forest Patrol, Internet Amazed
An IFS officer’s night patrol video of a highly venomous banded krait has gone viral, highlighting India’s...
elephant rescue Karnataka
Heroic Karnataka Elephant Rescue: How a 28-Hour “Impossible Mission” Became a Triumph of Wildlife Care, IFS Parveen Kaswan Shares Video
A trapped elephant was rescued after 28 hours in Karnataka through a massive, expertly coordinated Forest...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
PM Modi
PM Modi Meets Global Energy CEOs at India Energy Week 2026, Highlights $100 Billion Investment Potential in E&P Sector
high court of Telangana
Telangana HC Orders IAS Officers Navin Mittal & Sandeep Jha to Appear in Contempt Case, Slams “Leisurely” Attitude
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2026-01-26 at 8.12
Desh Deepak Verma IAS Video Interview
Desh Deepak Verma
ADVERTISEMENT
ADVERTISEMENT