Dubai, United Arab Emirates Feb 26, 2025 (Issuewire.com) - rivexa by mjunction (A Tata Steel and Steel Authority of India Limited joint venture) is available for UAE brands seeking open and closed-die manufacturing of industrial components from India.
With its comprehensive manufacturing ecosystem, India has strategically positioned itself for custom open and closed-die manufacturing. The UAE, India’s second-largest export destination, with exports reaching USD 31.3 billion in FY23 (India Briefing), represents a key market for these capabilities.
The CEPA agreement (UAEMOE), which removes tariffs on various Indian goods, projects India-UAE trade levels to exceed USD 100 billion, significantly benefitting the industrial manufacturing sector.
The CEPA’s impact goes beyond numbers, creating streamlined routes for Indian industrial exports, particularly in custom open and closed-die manufacturing. Trade data shows bilateral merchandise exchange surged from USD 43.3 billion in FY20-21 to USD 83.7 billion in FY23-24 (Press Information Bureau). India’s open and closed-die manufacturing services sector demonstrates its growing strategic importance in global manufacturing.
The demand for open and closed-die manufacturing continues to grow as India emerges as a preferred hub for global sourcing. The UAE, the second leading importer of Indian industrial goods with a 4.61% trade volume, demonstrates a strong bilateral trade relationship. Digitally driven export marketplaces like rivexa facilitate these evolving trade relationships by connecting UAE buyers with verified Indian manufacturers.
The marketplace facilitates procurement across various categories, including drawing-based CNC machined parts, custom parts, replacement parts, drawing-based OEM aftermarket parts, and annual MRO supplies (bearings, belts, filters, valves, rollers, switches, connectors, etc.).
Through procurement support tools, supplier validation, shipping coordination, and payment processing, these platforms ensure seamless digital access to select Indian manufacturers, enabling easier access to India’s manufacturing capabilities.
Visit us: rivexa
For more information,
Contact: Rahul Raju
Manager – Sales & Business Development
rahul.raju@mjunction.in
+971-559989133
For sales and marketing-related queries, please email at marketing@rivexa.com
About rivexa:
rivexa, a B2B marketplace by mjunction Services Limited – a joint venture between Tata Steel and Steel Authority of India Limited (SAIL) - connects international buyers with Indian manufacturers of industrial components, building on mjunction’s 24-year history in digital trade.
Media Contact
Rahul Raju rahul.raju@rivexa.com rivexa, 12011, 12th floor, Emaar the Palm Square, Golf Course Ext Rd, Badshahpur, Sector 66, Gurugram https://www.rivexa.com/
