Voltamp launches initiative to strengthen Oman’s industrial supply chains

Voltamp Energy, in collaboration with Oman's Authority for Public Services Regulation and the Small and Medium Enterprises Development Authority, has launched the "Localise It with Voltamp" initiative. This program is designed to bolster industrial supply chains and enhance in-country value within the nation's electrical industries and energy sector.

The initiative aims to empower entrepreneurs, small and medium enterprises (SMEs), and both local and international investors. It will connect them with global manufacturers, fostering partnerships and facilitating the transfer of manufacturing technologies to Oman. The ultimate goal is to cultivate a robust domestic manufacturing base capable of satisfying local and regional market demands.

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The initiative represents a practical shift from reliance on imports toward building sustainable local industrial capabilities.

A key objective is the localization of production for 10 high-demand components used in Voltamp's products. This strategic move is expected to transform opportunities into local manufacturing facilities, thereby strengthening supply chains, reducing reliance on imports, and improving long-term supply resilience. The initiative projects the establishment of 10 local factories, attracting approximately OMR50 million in investments.

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The initiative opens a new pathway for localising industries linked to the energy sector, adding that the company has identified 10 key opportunities to localize products within its business ecosystem.

Furthermore, advance purchasing agreements are anticipated to generate between OMR30 million and OMR40 million in local value creation. The initiative is also poised to create at least 100 jobs during the initial phases of factory establishment. SMEs will benefit from sustainable supply opportunities, along with technical support and industrial guidance to ensure new projects meet approved supply chain standards.

Mohammed Ajmal Basha, CEO of Voltamp Energy, highlighted the initiative's practical approach to shifting away from import dependency towards building sustainable local industrial capabilities. He noted that it opens new avenues for localizing energy sector-related industries, with Voltamp having identified 10 specific product localization opportunities within its business ecosystem. Basha encouraged participation, emphasizing Voltamp's commitment to providing guaranteed purchase agreements, technical support, and access to regional markets, positioning the initiative as a practical platform for developing a competitive local manufacturing industry.

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Voltamp will provide guaranteed purchase agreements, technical support and opportunities to access regional markets, positioning the initiative as a practical platform for building a competitive local manufacturing industry.