RIYADH, June 2 – Ellora Group, a leading Doha-based distributor of building materials and industrial fasteners, has officially launched its Riyadh branch, marking its strategic entry into Saudi Arabia with a planned $40 million investment to expand across the Kingdom and beyond.
The opening aligns with Saudi Vision 2030, driving demand for high-quality construction materials amid rapid infrastructure growth. The new branch will operate under Ellora’s BOLTEC brand (United Eagle Trading Company), supplying industrial fasteners, custom anchor bolts, and steel fabrication services for construction, oil & gas, and marine sectors.
“Riyadh is our first step in Saudi Arabia, with expansions into Jeddah, Dammam, and other key cities within the next year,” said Murshid Keeranthodi, Managing Director of Ellora Group WLL. “Vision 2030’s mega-projects present a major opportunity for our precision-engineered solutions.”
By 2026, Ellora plans three additional locations in Saudi Arabia and India, reinforcing its footprint in Qatar, UAE, India, and China. The ISO-certified company, founded in 2011, operates eight GCC showrooms and five regional offices, with proprietary manufacturing in China since 2019. BOLTEC will leverage Ellora’s global supply chain, offering premium brands like Japan’s UNIKA, SKF, and SPARTAN, including fasteners, hydraulic systems, and bearings.