Oman courts Indian firms for downstream aluminium investments

Oman is scouting for downstream metal processing investments from Indian companies, targeting aluminum rolling, extrusion, and fabrication. The Omani government is pitching to Indian manufacturers to set up value-added aluminum operations — spanning automotive components, construction materials, and packaging — anchored around the Sohar industrial and port complex, Business Standard reports.

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Why it matters: The push aims to attract export-oriented Indian downstream capacity to Oman’s industrial clusters, as Muscat looks to position its aluminum ecosystem as a regional manufacturing and export base for the GCC, Africa, and Europe. Oman seeks to leverage India’s manufacturing experience through joint ventures, technology partnerships, and longer-term supply arrangements.

Investment tie-up: Oman-based Multi Bond Metal signed an MoU with Ladayn, OQ’s industrial ecosystem, to set up an 8k-ton coil-coating and lamination line in Oman, with an investment of USD 4.5 mn.

IN CONTEXT- The outreach follows the signing of a comprehensive economic partnership agreement between the two countries in December. Over the last five years, bilateral investments have reached USD 5 bn, while Oman-India trade reached USD 10.5 bn in FY 2025.