These units focus on electrification and AI infrastructure, aiming to make Saudi Arabia a leading manufacturing hub.

The electrification arm will strengthen grid technology to meet the growing demand for electricity driven by renewable energy sources like solar, wind, and hydrogen.

The move is part of Alat's strategic plan to lead industry sustainability and boost Saudi Arabia's global presence.

Alat Global CEO Amit Midha expressed his excitement about these new divisions, stating they will significantly contribute to Alat's goal of creating an advanced, sustainable future for the industry.

A firm is aiming to manufacture innovative solutions for the global energy transition by utilizing Saudi Arabia's solar energy and other clean resources.

The electrification unit will focus on improving transmission and distribution technologies, integrating renewable energy into grids, and advancing gas and hydrogen generation and compression technologies.

The AI Infrastructure business unit will develop advanced technologies for the growing demand of AI capabilities across industries, including network and communications equipment, servers, data centers, industrial edge servers, and Industry 4.0 computing.

The global electrification market is projected to reach $172.9 billion by 2032, growing at a CAGR of 8.91%.

The global AI Infrastructure market is projected to reach $460.5 billion by 2033, growing at a rate of 28.3% annually due to increasing adoption in various industries for innovation, decision-making, and automation.

The firm, Alat, which is a gold sponsor at the Milken Institute Conference, has nine business units dedicated to sustainable technology manufacturing.

Alat plans to invest $100 billion by 2030 to establish partnerships and develop advanced manufacturing capabilities in Saudi Arabia, creating jobs and economic diversification in the Kingdom.