India-based Tara Jewels Limited, a leading player in the jewellery industry, plans to set up a manufacturing base in Oman’s Salalah Free Zone to support the expansion of its existing capacity, said a report.

The company has recently launched business operations of its wholly owned subsidiary company – Tara Gulf at the free zone, added the Oman Daily Observer report, quoting Indian media.

The proposed manufacturing unit is expected to benefit from favourable tax laws, as well as the sultanate’s Free Trade Agreement (FTA) with the US.