ITP reports that Nikai, based in Dubai and a maker of appliances and consumer electronics, will build its first production facility in the United Arab Emirates (UAE). The company has primarily relied on OEM suppliers for its product. Shifts in production from China to Europe, as well as the new UAE plant, are expected to help Nikai increase its focus on developed markets such as Europe
The company is part of entrepreneur Paras Shahdadpuri's Nikai Group, which also operates, distribution, retail foods and information technology businesses worldwide. According to ITP, Shahdadpuri announced plans for the new U.S. $10 million plant, which will also serve as a Mid East distribution hub. It is expected to start operations next year.
to Daily News