Latest news with #Autoworld
Gulf Business
an hour ago
- Automotive
- Gulf Business
Autoworld to invest Dhs45m in new Jafza facility to boost regional trade
Image: DP World Autoworld International, a regional distributor for India's Bajaj Auto, announced a Dhs45m investment to develop a new logistics and distribution facility in Dubai's Jebel Ali Free Zone (Jafza), aiming to strengthen its automotive supply chain across the Middle East and Africa. The 162,000-square-foot facility will include an assembly plant for Bajaj motorcycles and three-wheelers, alongside warehousing for spare parts, tyres, and lubricants. The project, expected to be completed by 2026, is positioned to meet rising demand in high-growth, cost-sensitive markets across the region. 'This facility marks a major step forward in our growth strategy. Jafza's connectivity, infrastructure, and business-friendly environment have helped us serve high-growth markets across Africa and the GCC since 2008,' said Vishal Kumar Lakhani, director at Autoworld. The facility will also support the introduction of new product lines via partnerships with global manufacturers, further entrenching the company's regional footprint. The investment is projected to create over 100 direct and indirect jobs. Read: Jafza plays a key role in emirate's auto trade The free zone facilitated automotive trade worth nearly Dhs102bn last year and hosts 940 automotive firms from 88 countries. Autoworld partnership with Jafza 'Autoworld's expansion underscores the strength of Jafza's Autoworld, which has operated from Jafza for more than 16 years, currently distributes Bajaj vehicles to over 25 countries, using Dubai as its primary hub. The investment aligns with DP World's broader ambitions to boost the automotive sector, including plans to build the world's largest car market in Dubai, projected to double the current annual sales of Dhs6.6bn.
Arabian Business
19 hours ago
- Automotive
- Arabian Business
Autoworld International invests $12.2mn in Jebel Ali Free Zone logistics hub
Autoworld International FZCO will invest AED 45 million to develop a logistics and distribution hub in the Jebel Ali Free Zone (Jafza). The regional distributor for India's Bajaj Auto Ltd plans to complete the facility by 2026. The 162,000 sq. ft facility will house an assembly plant for Bajaj motorcycles and three-wheelers, alongside storage and distribution space for spare parts, tyres, and lubricants. The hub will serve markets across Africa and the Middle East with two- and three-wheelers. Autoworld expands logistics footprint The facility will support the introduction of product lines through partnerships with international manufacturers, strengthening the company's presence in the region. Industry analysts project that the global two- and three-wheeler market is expanding in emerging economies where urbanisation, e-commerce, and last-mile delivery needs are reshaping mobility requirements. Africa's two-wheeler market alone will grow at nearly 5 per cent annually, driven by demand for vehicles. Vishal Kumar Lakhani, Director at Autoworld, said: 'This facility marks a major step forward in our growth strategy. Jafza's connectivity, infrastructure, and business-friendly environment have helped us serve high-growth markets across Africa and the GCC since 2008. With this investment, we are living up to our commitment to the region and to the Bajaj brand.' Abdulla Al Hashmi, Chief Operating Officer, Parks and Zones, DP World GCC, added: 'Autoworld's expansion underscores the strength of Jafza's integrated trade and logistics ecosystem, which now connects 940 automotive companies from 88 countries. Last year alone, Jafza supported the automotive trade valued at nearly AED 102 billion. We are proud to support long-term partners like Autoworld, who are helping connect world-class manufacturing with high-potential markets through Dubai.' The project will create over 100 direct and indirect jobs, supporting Dubai's mobility and logistics ecosystem. It strengthens the UAE's role as a trade hub connecting manufacturers with markets. Abdullah Bin Damithan, CEO and Managing Director of DP World GCC; Abdulla Al Hashmi, Chief Operating Officer, Parks & Zones at DP World GCC; Kumar Motiram Lakhani, Chairman of Autoworld; Monish Lakhani, Managing Director at Autoworld and Vishal Lakhani, Director at Autoworld signed the agreement. Autoworld has operated from Jafza for over 16 years, using its multimodal infrastructure to distribute Bajaj vehicles across 25+ countries. The move aligns with DP World's strategy to develop automotive trade in the region, including its plan to build the car market in Dubai, which is expected to double the current annual sales of AED 6.8 billion.
Gulf Today
19 hours ago
- Automotive
- Gulf Today
'Autoworld' to invest Dhs45 million in new Jafza facility
Autoworld International FZCO, the regional distributor for India's Bajaj Auto Ltd, has announced an investment of Dhs45 million to develop a new logistics and distribution hub in the Jebel Ali Free Zone (Jafza). The facility will enhance Autoworld's ability to serve rapidly growing markets across Africa and the Middle East. The agreement was officially signed in the presence of Abdullah Bin Damithan, CEO and Managing Director of DP World GCC; Abdulla Al Hashmi, Chief Operating Officer, Parks & Zones at DP World GCC; Kumar Motiram Lakhani, Chairman of Autoworld; Monish Lakhani, Managing Director at Autoworld and Vishal Lakhani, Director at Autoworld. Spanning over 162,000 sq. ft, the facility will include an assembly plant for Bajaj motorcycles and three-wheelers, as well as storage and distribution space for spare parts, tyres, and lubricants. Scheduled for completion by 2026, the hub will also support the introduction of new product lines through partnerships with international manufacturers, strengthening the company's presence. Abdulla Al Hashmi, Chief Operating Officer, Parks and Zones, DP World GCC, said, 'Autoworld's expansion underscores the strength of Jafza's integrated trade and logistics ecosystem which now connects 940 automotive companies from 88 countries. Last year alone, Jafza supported automotive trade valued at nearly Dhs102 billion.' The project is expected to create over 100 direct and indirect jobs, supporting Dubai's growing mobility and logistics ecosystem. WAM
Hi Dubai
a day ago
- Automotive
- Hi Dubai
Autoworld Invests AED 45 Million to Build Regional Hub in Jafza
Autoworld International FZCO, the regional distributor for India's Bajaj Auto Ltd, is investing AED 45 million in a new logistics and distribution hub in Dubai's Jebel Ali Free Zone (Jafza), aiming to bolster its reach across Africa and the Middle East. The 162,000 sq. ft facility will include an assembly plant for Bajaj motorcycles and three-wheelers, as well as dedicated storage for spare parts, tyres, and lubricants. Slated for completion by 2026, the hub is expected to enhance Autoworld's operational capacity and support new product partnerships. As demand for affordable, fuel-efficient vehicles surges in emerging markets—particularly in Africa, where the two-wheeler market is growing at nearly 5% annually—Autoworld's investment positions it to better serve high-growth regions. 'This facility marks a major step forward in our growth strategy,' said Vishal Kumar Lakhani, Director at Autoworld. 'Jafza's infrastructure has been crucial to our expansion across Africa and the GCC since 2008.' DP World, which operates Jafza, welcomed the move as a boost to Dubai's automotive logistics ecosystem. 'Autoworld's expansion highlights the strength of Jafza's trade network, which supported AED 102 billion in automotive trade last year,' said Abdulla Al Hashmi, COO of Parks and Zones, DP World GCC. The project is expected to generate over 100 direct and indirect jobs, supporting Dubai's ambition to become a global hub for mobility, logistics, and automotive trade. News Source: Dubai Media Office
Arabian Post
a day ago
- Automotive
- Arabian Post
Autoworld Drives Bajaj Expansion with AED 45 Million Jafza Hub
Autoworld International FZCO is investing AED 45 million to construct a 162,000 sq ft logistics and assembly hub in Dubai's Jebel Ali Free Zone, aiming to strengthen its distribution of Bajaj two‑ and three‑wheelers across the Middle East and Africa. Slated for completion by 2026, the facility will incorporate an assembly line for motorcycles and auto‑rickshaws, alongside dedicated storage for spare parts, tyres and lubricants. The hub also positions the company to introduce new products via partnerships with global manufacturers, reinforcing Autoworld's role as a premier Bajaj distributor in the region. Since establishing operations in Jafza in 2008, the company has leveraged the free zone's infrastructure to serve more than 25 countries. Industry analysts highlight robust growth in the global two‑ and three‑wheeler market, driven by urbanisation, e‑commerce and demand for affordable last‑mile mobility. Africa's motorcycle sector alone is expected to expand at nearly 5 percent annually. ADVERTISEMENT Autoworld director Vishal Kumar Lakhani described the initiative as 'a major step forward in our growth strategy', praising Jafza's connectivity, infrastructure and business‑friendly environment. Abdulla Al Hashmi, Chief Operating Officer at DP World GCC, noted the expansion affirms Jafza's status as an integrated trade and logistics ecosystem hosting over 940 automotive companies from 88 countries, with AED 102 billion in automotive trade processed last year. Beyond providing a regional nerve centre, the project is projected to create more than 100 direct and indirect jobs, and bolster the UAE's role as a logistics and mobility hub. High‑volume assembly and storage capabilities will better serve rising demand for Bajaj's fuel‑efficient vehicles in the MEA markets. Autoworld's strategic anchor in Jafza reflects broader trends in the UAE's economic diversification efforts. Situated across 57 sq km adjacent to Jebel Ali Port and Al Maktoum International Airport, Jafza contributes roughly 21 percent of Dubai's GDP and supports more than 144,000 jobs. DP World's vision to expand automotive trade workflows in the region aligns tightly with this investment, which dovetails with plans for the world's largest car market in Dubai. The timing corresponds with Bajaj Auto's reported surge in exports: the manufacturer recorded a 20 percent year‑on‑year increase in two‑wheeler exports in May 2025, while commercial vehicle exports rose by 37 percent year‑on‑year. These figures highlight strong global demand for Bajaj vehicles and validate Autoworld's investment in enhanced regional capacity. As urban centres across Africa and the Middle East evolve, an increasing number of consumers and enterprises are turning to motorcycles and auto‑rickshaws for cost‑effective, fuel‑efficient transport. Analysts say the segment is increasingly central to the expansion of last‑mile delivery networks and informal urban mobility. Autoworld's new Jafza hub will also support the launch of fresh Bajaj models in the near future, supplied through collaborations with international manufacturers. While specific products have not yet been disclosed, the facility's inclusion of tyre and lubrication storage suggests support for diverse vehicle categories. Over the past 16 years, Autoworld has distributed Bajaj products across more than 20 countries in Africa and the Middle East, establishing itself as a leading distributor on the continent. The forthcoming expansion affirms this leadership and aligns with structural trends in regional trade logistics.
