Indicaa was incorporated in 1993 under the Companies Law of Isle of Man, UK. Shortly afterwards,  the company set up operations in Dubai, UAE. Beginning with trading of steel products, the Company soon identified Ferrous Scrap Metal trade as the key focus area and decided to exploit the huge potential in containerized scrap metal trade hitherto unexplored, especially between the Middle East and the Indian Subcontinent.

By 1999, the Company made its foray into procurement in Africa with amazing results. Indicaa then expanded into marketing of scrap metal to South-East Asia and a little later into Vietnam, where it was a pioneer in this field.  The successful expansion pushed Indicaa's annual volumes to 500,000 tons by 2005. Indicaa still continues to scout for new markets & sources.  With rising demand from Europe and USA for export of scrap metal in containers, Indicaa started procuring from Western countries and has not looked back ever since.

Today, Indicaa commands nearly one-fourth of the global market share in containerized scrap metal. Indicaa's pioneering formula of transporting scrap metal in containers gives it a superior edge in Asia, as it satisfies various types of end-users with diverse requirements of quality, quantity and varying buying patterns. Since 2009 the global economic recovery has been picking up momentum. Powered by its rapidly expanding geographical span in sourcing and marketing of recyclables, Indicaa has targeted a trading volume of 1 Million tons for 2013.

Indicaa's success is largely driven by its strength and expertise in logistics globally. Over the years, the Company has assembled a world-class infrastructure that enables it to efficiently handle fleet of containers in different parts of the world, through seamless adaptation and synergies with top global shipping lines that follow their own operating procedures.

Annually, Indicaa handles close to 40,000 TEUs (Twenty feet Equivalent Units). In business dealings, Indicaa religiously practices the principles of honesty, sincerity, good corporate governance and environmental conservation.