Clacton’s Dura Composites targets Indian Railways in the next phase of its overseas growth plans
- Credit: Archant
Essex-based composite flooring and structures company, Dura Composites, has said it is targeting India in the next phase of its overseas growth plans.
The business, located at Clacton-on-Sea, which makes decking, cladding and anti-slip grating for numerous sectors including marine and rail, was handed a Queen’s Award for Enterprise last year for its successes in international trade, and already exports to 12 countries including Oman, Saudi Arabia and Qatar.
The business is now looking to target India for the first time and says it is currently in talks with a distributor to attract customers from the industry including Indian Railways.
Managing director Stuart Burns, said: “India is a huge market opportunity for us, as the home of one of the world’s largest railways. We have seen huge success with our durable composite products overseas, making now the right time to expand further into South Asia.”
Dura has worked with advisers from the Department for International Trade (DIT) to support its exporting ventures. It currently account for 15% of the business’ turnover and expects to grow this to between 20-30% in the next three years as the firm targets new contract wins.