Caracal, the biggest small arms manufacturer in the Middle East, plans to open new plants around the world as demand for its products grows.
The company has four factories in Abu Dhabi, Algeria, Germany and the US. It manufactures pistols and rifles for military use.
“We want to open more facilities due to higher demand for our products,” chief executive Hamad Al Ameri told The National on the sidelines of the International Defence Exhibition and Conference yesterday.
“We are currently in negotiations to open a facility in India.”
He did not give further details.
Caracal is one of 25 entities that make up Edge – a defence…