Dubai bearing industry doubles in last 10 years
The Dubai bearing industry has more than doubled over the past 10 years according to manufacturers of bearing products, NSK, and its master distribution partner, the Rolman Group.
The values provided by the Statistics Department of Dubai Customs reveal significant growth, reaching over US$272 million in the last decade.
Speaking at a press conference held on the opening day of Automechanika Middle East, general manager for the Rolman Group, Akram Muazzen said: "This industry has not only shown exponential growth in the region, figures for the bearing imports into Dubai also reveal that this industry experiences stability. The past five years show import figures over the $272 million mark with only a slight dip in 2009. As a Middle Eastern company, we are proud that our success has this positive effect on regional industry."