UAE-based warehouse automation major targets Saudi, India expansion

  • Date: 24-Nov-2020
  • Source: Arabian Business
  • Sector:Retail
  • Country:UAE
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UAE-based warehouse automation major targets Saudi, India expansion

UAE-based warehouse automation major ACME Intralog is set to embark on a major expansion both within and outside the Middle East region, its top executive has told Arabian Business.

The company will also invest AED30 million over the next two years to beef up its research and development and manufacturing facilities in the UAE.

ACME plans to enter Saudi Arabia sometime next year, while the company is also finalising plans for a foray into India in the early part of 2021.

“We have been actively involved in projects in Saudi Arabia since 2017 and consider it as our biggest market. We intend to set up an office in Saudi Arabia in 2021,” Navin Narayan, founder-CEO, ACME Intralog, told Arabian Business in an exclusive interview.

As for the India entry plans, Narayan said: “Our intention was to set up operations in India by 2020. However, this had to be postponed to the first quarter of 2021 due to the Covid-related lockdowns and travel restrictions.

Navin Narayan, founder and CEO of ACME Intralog

“Market research has shown that there is a potential for over $1 billion in warehouse automation investment in India by 2025 and we are keen to have our foot in the door.”

Narayan also revealed that