Industrial Visit Report

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Category: Business and Industry

Date Submitted: 02/03/2012 04:05 PM

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Abstract

Gulf Craft is the Middle East’s and Africa’s largest and leading producer of fiberglass boats and yachts, exporting over 70% of its production to 40 countries through the Majesty Yachts, Oryx and Silver craft brands.

With the UAE’s long established seafaring tradition, it is little wonder that a local company should excel in the yacht building industry globally. The UAE’s familiar dhows are the product of refined boat-building skills that have been passed on from generation to generation, providing boats for the Gulf and Indian Ocean waters since the earliest days of trading.

Today, Gulf Craft expresses this tradition and craftsmanship in a different form – building multi-decked motor-cruisers that rank with the best in the world in terms of design, quality and materials. While Gulf Craft is a local company staunchly proud of its regional heritage, it is nonetheless armed with a global view and ambitious plans to expand its portfolio worldwide.

Gulf Craft currently operates 3 shipyards based in Ajman and Umm Al-Quwain in the UAE and one in the Maldives.

Acknowledgements

I have taken efforts in this project. However, it would not have been possible without the kind support and help of many individuals and organizations. I would like to extend my sincere thanks to all of them.

I am highly indebted to Mr. Ashok Jayaraman for his guidance and constant supervision as well as for providing necessary information regarding the project & also for his support in completing the project.

I would like to express my gratitude towards my loving wife for her kind co-operation and encouragement which help me in completion of this project.

I would like to express my special gratitude and thanks to industry persons for giving me such attention and time.

My thanks and appreciations also go to my colleague in developing the project and people who have willingly helped me out with their abilities.

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