Mahindra Middle East Electrical Steel Service Centre FZC (MME), a Joint Venture between Mahindra Intertrade Ltd., India and Nippon Steel Corporation, Japan, has inaugurated its state–of–the–art transformer cores facility in Sharjah, UAE.
MME was Mahindra Group’s first foray in the Middle East when it set up an electrical steel service centre in Sharjah, in 2005. MME is the largest supplier of processed electrical steel in GCC, and has the distinction of being the first such service centre facility in the region. Set up at a capital expenditure of US$ 3.5 million, the plant has been designed for an annual throughput of 5000 tonnes of transformer cores with an aggregate annual turnover at designed capacity (from a current rate of 18 million) of US$ 30 million.
“MME‘s transformer cores facility is based on state–of–the–art technology with equipment sourced from the world leader in lamination line technology, Heinrich Georg Maschinenfabrik, Germany, and will bridge a critical supply chain gap for transformer majors located in the Middle East,” said Harsh Kumar, MD of Mahindra Intertrade Ltd. 
Shinji Minobe, GM for the electrical steel sheet division and flat products division at Nippon Steel Corporation, added: “We are delighted to extend our association with Mahindra Intertrade which has established a name for itself in the Middle East region and a reputation of being the oldest, largest and best equipped service provider in the electrical steel space in India.”
