Himalaya Opens Global Research Hub in Dubai

by commitbizadmin 29, May 2020

Himalaya Opens Global Research Hub in Dubai

Dubai's success story is renowned all across the world as the transformation from a desert to a global commercial hub is populous. Dubai enjoys the strategic location, business-friendly government policies and open economy also support Dubai to allow foreign investors for business purpose.

Dubai is suitable for entrepreneurs and businessmen who are interested in setting up a business in Dubai. It has cleared its way for commerce and advance.

Dubai, if observed, is expanding its economy abundant resources and stability in the growth of the business has made it the favourite place to set up business in Dubai.

Around a million people visit Dubai per year for travelling, job opportunities and business setup, making Dubai a more significant number of accommodating places.

A vast range of futuristic projects, making it a reason for corporate investors to attract towards the sector.

Now Dubai is advancing one step closer as Dubai Science Park is about to host R&D centre of the producer of cosmetics, Ayurvedic products, herbal medicines.

Himalaya Drug Company

The Himalaya Drug Company is an Indian company which was established by M Manal in 1930 and based in Bangalore, India. It manufactures health care products under the name of Himalaya Herbal Healthcare, and the products include ayurvedic ingredients. It is spread over the locations in the United States, Indian, the Middle East, Asia Europe and Oceania while the products of this company are sold in ninety-two countries across the world.

The company has more than two hundred ninety researches that utilize ayurvedic medicines and herbs. Himalaya Global Holdings Ltd. is the prime of The Himalaya Drug Company worldwide. That is the global headquarters of the Himalaya subsidiaries.

Himalaya Eyes Global Research Hub in Dubai

Himalaya Drug Company has promulgated plans to expand its global research centre in Dubai. Dubai Science Park (DSP) mentioned that from 2021, it would host the centre and also, the state-of-the-art facility aims to intensify Himalaya's R&D abilities to serve the GCC region.

Himalaya's core business is in R&D and manufacturing of high-quality pharmaceutical and personal care products.

This step will result in information of more than a hundred jobs and comes as overseas companies which are seeking to expand in the area of the UAE and the broader region.

Marwan Abdulaziz Janahi’s View

Marwan Abdulaziz Janahi being the managing director of DSP, said that in line with the aim and ambition is to consolidate position as a significant destination for scientific, R&D and manufacturing activities. They are pleased to reinforce the expansion of Himalaya, a company which is dedicated to intensifying its skill in the pharmaceutical and personal care world. 

Over the years, The UAE and India have continued have strengthened their long-standing ties proved by the significant number of the Indian firms based in Dubai. The robust infrastructure and business-friendly environment are among the major factors that encourage these companies to set up their Middle East head offices in the UAE.

Meraj Manal’s View

Meraj Manal is the chairman of Himalaya Global Holdings mentioned "We aim to establish Himalaya as a science-based, problem-solving, head to heel brand, not only within Dubai but within the wider GCC region and surrounding international... The UAE is positioned as a perfect place for us to initiate this expansion.” 

The executive director of Himalaya Global, Neil Cabral, said that Dubai's capacity to attract talented and skilled people will enable the new complex to evolve into a global think tank and boost its success in establishing future trends in herbal research and also launching creative and internationally competitive products.

With Dubai's business-favourable government policies and smart infrastructure and they are confident that this innovative ecosystem will provide them with the tools to reach new heights.

He said over the past eighty-eight years that the company has been in a top position in the research and manufacturing of the pharmaceutical, baby care, personal care, nutritional and animal health products.

Dubai Science Park is presently home to over three hundred and fifty business partners with more than four thousand employees.

Dubai offers investors significant advantages like Security, tax-free jurisdiction, trading opportunities, resources, logistics and other benefits.

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