
Indian Defense Manufacturer Metlonics Expands to Morocco, Eyes African Market
After America, the Indian manufacturing company specializing in the bogie, Metlonics, has chosen Morocco to establish itself in Africa.

After America, the Indian manufacturing company specializing in the bogie, Metlonics, has chosen Morocco to establish itself in Africa.

Relying on its natural resources and its well-developed automotive ecosystem, Morocco aims to become the African and global leader in the electric battery industry by 2030.

Mohammed Mhidia, Wali of the Casablanca-Settat region, ensures the proper implementation of projects related to the 2030 World Cup that Morocco will co-host with Spain and Portugal.

The French industrial group Alstom failed to convince the National Railway Office (the Moroccan railway operator) to entrust it with the manufacture of 150 conventional trains.

On the sidelines of the 16th edition of the Entrepreneurship Day, organized by the 25-year-old association "Maroc Entrepreneurs" at the Palais d’Iéna in Paris, Amal El Fallah Seghrouchni, the Minister Delegate in charge of Digital Transition and Administrative Reform, says she is convinced that "by mobilizing our talents, multiplying synergies and strengthening international partnerships, we are building together a more competitive, more innovative and more open Morocco to the world."

The British gas company Sound Energy, which retains 20% of the Tendrara exploitation permit and 27.5% of the Grand Tendrara and Anoual exploration permits, has big ambitions.

The Turkish aircraft manufacturer Baykar has established a company called Atlas Defense in Rabat. Could it be a production unit for military drones modeled on the Ukrainian or Azerbaijani examples?

While Moroccans were expecting a drop in olive oil prices after the end of the harvest and pressing phases, nothing has apparently changed for them.

In just a few years, Morocco has developed its automotive industry, becoming one of the largest exporters of cars to Europe. A rise that is making Spain tremble.

Dacia, the low-cost brand of the Renault group, is considering manufacturing an electric (zero-emission) version for the next generation of its Sandero, and could repatriate production from Morocco to Romania, in order to benefit from the ecological bonus, which can go up to 4,000 euros granted exclusively to electric vehicles produced in Europe.

Spanish companies are rushing more towards Morocco where environmental and tax regulations seem more flexible than those of the European Union.

In Morocco, olive oil prices could soar this year due to several factors, including a supply impacted by drought. Some oil mills are running at a slow pace, while others have preferred to close down.