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Current company Rana Group
Holding Companies · 76 employees · Founded 2008 · Dubai, Dubai, United Arab Emirates
The Rana Group is an UAE based industrial conglomerate that has recently made a massive entry into the UAE market with a $10 billion investment project to develop the Erisha Smart Manufacturing Hub in Ras Al Khaimah. Key UAE Project: Erisha Smart Manufacturing Hub This mega-project is a partnership with the Ras Al Khaimah Economic Zone (RAKEZ) and is designed as a technologically advanced industrial ecosystem. Scale: Spans 335 acres (millions of square feet) in the Al Ghail Industrial Area. Capacity: Planned to house 150 large industries, aiming for $6 billion in annual sales upon completion. Industry Focus: Primarily centers on green technologies, including: Electric Vehicles (EV) and Hydrogen vehicles via their subsidiary Erisha E Mobility. Renewable Energy: Green hydrogen and green ammonia production. High-Tech Manufacturing: Semiconductors and Electric Vertical Take-off and Landing (EVTOL) aircraft. Timeline: Groundbreaking occurred on September 6, 2025, with the first units expected to start production within a year and full project completion estimated within five years. Erisha Silicon Valley-Florida is a new aerospace and aviation hub being developed at Keystone Heights Airport. Announced in late March 2026 by the Rana Group and airport officials, the project aims to create an integrated ecosystem for innovation and smart manufacturing for Aerospace and Space with an investment of 10 billion USD plus. Leadership & Presence Key Figure: The group is led by Dr. Darshan Rana, Chairman and Managing Director. Strategic Model: The UAE operations are part of a \"Business Triangle\" connecting India, the USA, and the UAE to ensure supply chain resilience and market diversification. Other Activities: Beyond industrial manufacturing, the group has a presence in automotive retail (selling quality cars at competitive prices) and provides turnkey engineering solutions across the power, water, and oil and gas sectors.