Archive: March 31, 2021

Health, News

ADP India extends support for COVID-19 vaccination for all employees and family members

Mar 31, 2021 by Rekha Nair 0 Comments #and Head HR at ADP India, #COVID-19 vaccines, #Divisional Vice President, #Dr. Vipul Singh

Hyderabad: Taking a step further to ensure better healthcare facilities for its associates, ADP India has announced that it will sponsor the COVID-19 vaccines for all its employees. ADP considers associates, as well as their family members, a part of its extended family, therefore including them – children and parents of the associates in the scheme. As a part of this initiative, ADP will cover the cost of the total vaccine for over 50,000 beneficiaries in India spread across Hyderabad, Pune and Chennai along with over 10,000 beneficiaries in the Philippines. The company has always prioritized the safety and wellbeing of associates over business. During the pandemic, ADP India introduced work-from-home and grocery delivery measures to ensure that associates and their families are safe and healthy avoiding any shortage of essentials.

Under this ‘COVID Vaccine Special Benefit’, ADP associates and their immediate dependents will be reimbursed the cost of both doses of the COVID-19 vaccinations. Associates and dependents who are already vaccinated can also avail this benefit. The benefit is also not lapse-able or time-bound as eligibility criteria for the vaccine does not include all age-groups at the moment as per the prescribed government rules.

“Our employees and their families are at the core of who we are as an organization. In the 21 years of our presence in India and our journey from 102 to 10,000+ employees, this initiative will be the biggest commitment towards our people that we will fulfill. Since the beginning of the pandemic, we have attempted to give our best not just to our associates but also to our communities. I am happy to announce this initiative for our ADP family and take pride in our continued focus on providing industry-best health benefits for the wellbeing of our ADP family. Through this COVID benefit, ADP hopes to aid in the Government of India’s vaccination efforts, urging all to battle covid together with compassion for a better tomorrow”, said Dr. Vipul Singh, Divisional Vice President, and Head HR at ADP India.

Over the last decade, ADP has consistently served the community through its employee-driven and leadership-led community empowerment initiatives. Their MIDAS (Making Impactful Difference at School) program benefitted more than 46,000 lives in FY 2020. During the lockdown, ADP India employees along with the company raised contributions worth INR 51 Lakhs towards PM Cares Fund. ADP India’s CSR wing Tarang is actively supported by all employees, supplying essential kits to more than 300 daily wage workers in Hyderabad and Pune amid the lockdown.

Business World, News

Madhur Sugar hits the sweet spot with its latest campaign

Mar 31, 2021 by Rekha Nair 0 Comments

New Delhi: Madhur Sugar has set out to highlight, the sometimes simple but undoubtedly cherishable, moments around us, with its latest digital campaign – #MadhurPal. Launched with the tagline ‘Taaki Mithaas Khilti Rahe’, the brand intends to identify, celebrate and share every sweet, relatable moment of their consumers’ day-to-day life.

With ‘packaged & sealed’ products taking precedence in 2021, Madhur Sugar has been a step ahead in ensuring the best hygiene, purity and safety with regard to their products. Deeply ingrained with values of the 5S guarantee – Safed, Shuddh, Samaan, a Sulphur-free process and Surakshit.

The campaign takes off with the launch of three films, each centred around cherishable micro-moments between a loving family. Starring Ansha Sayed who brings in her carefree, loving and confident personality to carefully unveil a plethora of Madhur moments, that we’ll all definitely relate to. Playing the role of a fiercely-loving mother who knows just how to keep everyone on their toes, she reveals the sweetness hidden behind every-day moments we take for granted, culminating with a perfect reflection of the love and care she has in store and the caring imprint it leaves behind for her loving daughter. These moments will have you drooling over a new mouth-watering sweet dish or even have you join in the laughs shared over a simple cup of chai. Madhur Sugar can’t wait to unveil the special moments everyone will share back with them. At its core the only proposition the brand wants to push forward is the pure joy of eating.

The campaign all comes together with a callout that gets users to share their own Madhur moments. Following through with a vision to highlight our users’ very own stories as thumb-stoppers all year round. The campaign also has known personalities like Krystal D’Souza, Sanaya Irani and husband Mohit Sehgal sharing their #MadhurPal with us. Panning across the digital ecosystem to also become a part of quick snackable content bites seamlessly integrated into our users’ OTT and online content viewing experience.

The strategy behind it being three fold – Drive awareness via the films, build consideration associating with relevant influencers and eventually give our users countless occasions to celebrate everyone’s sweet tooth in the family with Madhur Sugar.

Speaking on the occasion, Dr. Satbir Sindhu, President Marketing & OD at Madhur Sugar, said, “Madhur Pal is here to shine a light on the sweetest moments of everyday across the internet, with the ‘joy of eating’ your favourite sweet dishes taking centre stage. However, while we enjoy binging on our favourite sweets, we must ensure that the products being used are untouched by hand. Madhur Sugar seeks to reinstate the importance of using clean and hygienic packaged goods at all times, especially today. That being said, at its core the brand wants you to make daily moments a lot sweeter by enjoying your favourite desserts , dishes and delicacies guilt-free.”

Commenting on the campaign, Chaaya Baradhwaaj, Founder & MD, BC Web Wise said, “This campaign captures everyday moments that become that much more joyful with the way these occasions play out. We’ve looked at experiences that not just the audience but all of us could easily connect to , with sugar being a core ingredient of not just the recipe but these joyful moments. The authenticity with which we have captured these relatable moments makes this a winning campaign for us as it resonates so well with what the brand stands for along with the space that these sugar-filled moments hold with the audience.”

Business World, News

Sterling and Wilson Solar Solutions, Inc wins INR 890 crore order in USA

Mar 31, 2021 by Rekha Nair 0 Comments #Inc., #Mr. Amit Jain – Country Head, #Sterling and Wilson Solar Solutions

Hyderabad: Sterling and Wilson Solar Solutions, Inc (SWSS), the US subsidiary of Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), announced that it has signed an order worth USD 121.7 million (~ INR 890 crore) in the Pacific Northwest region of the United States of America.

The order has been received from a leading sustainable energy company and is scheduled to be commissioned by Q4 FY 2022. SWSS will be managing the entire turn-key execution for the PV project.

The US market is one of the largest renewable markets globally and it has been the Company’s focus to become a significant player in this very important market. The current order is from an existing customer in the US which shows that the Company’s global presence and local capabilities can play a significant role in becoming one of the leading solar EPC companies in the country.

Mr. Amit Jain – Country Head, Sterling and Wilson Solar Solutions, Inc said, “We are delighted to have won this order in USA and with this project, our cumulative orders booked in the country now stand at around USD 260 million (~ INR 1,880 crore). With the renewed commitment by the new administration in renewable energy, that includes rejoining the Paris Climate Accord, investing $2 trillion in clean energy, and fully decarbonizing the power sector by 2035, USA has huge potential. We are confident that as a global solar EPC company with state-of-the-art technology and project execution capabilities, we are well poised to be a significant player in this energy transition.”

He added, “SWSS has a strong team of extremely talented professionals, based in Western USA, who will be managing the project.”

Sterling and Wilson Solar Limited (along with its subsidiaries) has been executing projects globally and has to its credit more than 10.8 GWp of solar power projects (commissioned and under various stages of construction) in various geographies. This portfolio includes a 1,177 MWp Solar PV plant in Abu Dhabi – the world’s largest single-site solar plant. The Company also manages a portfolio of 8.1 GWp of O&M projects globally, a testament to its best-in-class services.

Business World, News

Adani Transmission to acquire Warora-Kurnool Transmission from Essel for an enterprise value of Rs. 3,370 Cr

Mar 31, 2021 by Rekha Nair 0 Comments #Adani Transmission Ltd, #MD & CEO, #Mr. Anil Sardana

Adani Transmission Limited (ATL),India’s largest private sector power transmission and retail distribution company, has signed definitive agreements with EsselInfraProjects Limited (EIL) for the acquisition of Warora-Kurnool Transmission Limited (WKTL). ATL’s acquisition values the Enterprise Valuation of the target at Rs. 3,370 Cr. The regulatory approval for substitution of original awardee in the contract by ATL has already been received from Central Electricity Regulatory Commission. The lenders consent and other necessary regulatory approvals shall be obtained before closure of transaction.

The acquisition is in sync with ATL’s strategy to enhance the value for its stakeholders, through organic as well as inorganic opportunities. With this acquisition, the cumulative network of ATL will reach ~17,200 ckt km, out of which ~12,350 ckt km is already operational and ~4,850 ckt km (including this asset) is in various stages of execution. With this enhanced scale of operations, ATL will enjoy substantial benefits in terms of cost optimisation and shared resources and will also fortify its position of being the largest private sector transmission company in the country.

Mr. Anil Sardana, MD & CEO, Adani Transmission Ltd, said, “The acquisition of WKTL will bolster ATL’s pan-India presence, consolidating further its position as the largest private sector transmission company in India. This strategic West to South 765 KV interconnector with Substation in Southern India, completes ATL presence in all regions of the country. This asset will not only increase ATL’s size and scale but will also take ATL closer to its target of setting up 20,000 ckt km of transmission lines by 2022. The acquisition is a further demonstration of ATL’s drive towards differentiated capability through inorganic growth, successful integration & making such assets value accretive, for long term sustainable value creation for its stakeholders.”

Warora-Kurnool Transmission Ltd. will develop, operate and maintain transmission lines aggregating to ~1,750 ckt km. The 765 kV inter-state transmission line links Warora–Warangal and Chilakaluripeta-Hyderabad–Kurnool with a 765/400 kV new substation at Warangal. The project was awarded through a competitive bidding process on a build, own, operate, maintain basis.

Health, News

“Quality should not be tested in product but it should be built into the product” said Dr. Rubina Bose

Mar 31, 2021 by Rekha Nair 0 Comments

Health and Pharmaceuticals Manufacturing & Medical Devices Committee in association with Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers, Govt. of India organized a webinar on Scope of WHO-GMP Certification in Pharmaceutical Industry & Government support.

The Guests of Honour of the session were Dr. Rubina Bose, Deputy Drugs Controller (India), CDSCO (WZ), Ministry of Health & Family Welfare, Govt. of India & Prof. Ramesh Goyal, Vice Chancellor, Delhi Pharmaceutical Science & Research University.

The other eminent Panellists of the session were Mr. Pradeep Multani, Senior Vice President, PHDCCI, Mr. MukeshSinha, Advisor, Technical, Modi Mundi Pharma, Dr. D P Ghosh, Corporate Head, Technical & Scientific, Albert & David Limited, Dr. Ghulam Moinuddin, Team Lead, Freyr Solutions, Dr. Harvider Popli, Co-Chair, Health Committee, PHDCCI & Director, School of Pharmaceutical Science, DPSRU and the Session was moderated by Mr. Vivek Seigell, Assistant Secretary General, PHDCCI & Dr. Ravi Rathod, Deputy Secretary, PHDCCI.

While giving welcome remarks, Mr. Multani said that the GMP guidelines are designed to minimize the risk involved in any pharmaceutical production that cannot be eliminated through testing the finished product. He has mentioned about the five key elements, which are often referred to as the 5 P’s of GMP—people, premises, processes, products and procedures (or paperwork) and said that MSMEs should make sure to make their plants GMP compliant for the growth & to get into quality consistency especially in Pharmaceutical as it directly deals with the human lives.

Dr. Ramesh Goyal in his remarks said that there is a need to move at Pandemic Speed for Covid -19. The Government has taken exceptional measures for Covid 19 medicines and the regulators have speed up the regulatory approvals. He added that the country in witnessing the Biopharma revolution. He stressed that to boost the pharmaceutical exports; GMP is a must, since most countries accept import and sale of medicines only if it’s manufactured in GMP recognized plants. Dr Goyal mentioned that GMP has been fastest adopted by India as compared to other countries. While concluding his remarks he explained principles of GMP and WHO GMP is very important and the government support for the certifications.

Dr. Rubina Bose thanked PHDCCI for gathering all the stakeholders on one platform through this webinar and said that CDSCO ensured the availability of medicines during the covid times by giving approvals to various industry without compromising on quality of products. Dr. Rubina also said that the world is moving so fast with regards to the quality & safety of the products where quality should not be tested in product but it should be built into the product. She has also mentioned about various key areas of Good Manufacturing Practices like quality management system, good data and record management system, quality risk management and many more. She further said that one need to understand that what is the risk in your product and according to that one needs to respond. We need to adopt GMP standards to cop up with global market. She further said that there should be a corrective and preventive manufacturing system in every industry, Regulators are facilitators but proactive approach of the industry helps a lot.

Dr. D P Ghosh said that for pharmaceutical products, Quality, Efficacy and Safety are the key words. GMP as per requirement of WHO needs updating according WHO Guidelines which gets updated and modified through the TRS. He further said that all related to the Industry should be imparted training on regular intervals by industry experts and senior regulators. He also said that quality assurance is the most important factor today which keeps check on stages of procurement, testing, manufacturing operations and documentations are full proof.

Mr. Mukesh Sinha shared his views about importance of WHO-GMP certification in the pharmaceuticals Industry. He also mentioned about significance and need of maintaining data integrity for delivering consistent quality of the products. He also urged for various training programs/ sessions to be conducted for the Industry about WHO-GMP certification.

Dr. Ghulam Moinuddin thanked CDSCO for tremendous work done by them during the COVID times and said that regards coming from the world is because, we produce quality drugs starting from the procurement to end product. He said that no of WHO GMP certified companies are rising day by day in India and Industry needs to remember that it is a moving target and the industry needs to comply with it.

Dr. Harvider Popli gave a formal vote of thanks and said that there are eight elements of quality manufacturing where ethics and integrity are two basic principals which should be taught and understood during the academics and also at the start of their industry training.

Business World

Mankind Pharma expands OTC category, signs Bollywood superstars Anil Kapoor and Ranveer Singh as brand ambassadors

Mar 31, 2021 by Neel Achary 0 Comments #Mankind Pharma

Mankind Pharma, the 4th largest pharmaceutical companies in India (As per IQVAI, TSA) has expanded its OTC range of products. Since 2013, ‘Health OK’, a multivitamin tablet, has been a part of the drug category and has now been incorporated in the OTC category as a food supplement. The company has a wide range of OTC products that are quite popular in the Indian market.

‘Health OK’, multivitamin and mineral tablets, that help cope up with modern lifestyles problems, with their unique formulations of Natural Ginseng and Taurine for maintaining energy, 20 multivitamin and minerals for improving overall health and Vitamin C, D and Zinc, for building Immunity.

Due to the fast-paced life cycle, people tend to ignore their health by skipping meals, and thus look for convenient and unhealthy eating habits leading to regular tiredness, fatigue and weakness- which are signs of lack of macro and micronutrients, hence, resulting in low energy and deteriorating overall health.

Studies have revealed that multivitamins are consumed for mainly two reasons, overall fitness and health and to keep up the energy levels in today’s hectic lifestyle. To intensify and aware people of the product; the Age-defying Anil Kapoor and iconic youth superstar Ranveer Singh, have come together in one single frame to spread the message of a healthy and energetic lifestyle. The combination is a deadly one as no one is better than Anil Kapoor, who is the epitome of a healthy lifestyle and Ranveer Singh, known for his super-energetic persona, to endorse Health OK.

Speaking on the association, brand ambassador Anil Kapoor said, “I am delighted to associate with a brand like Mankind Pharma who has been working effectively in making India a self-reliant country. With the new product launch, I am excited to represent Health OK to reach the masses.”

Commenting on the association, brand ambassador Ranveer Singh said, “I am excited to be a part of the brand’s endeavour and extend my support in the brand’s vision and serve the consumers. In our hectic lifestyle, we tend to forget about the vitamins and minerals that our body requires. I am sure with Health OK people will be benefited from the product. I look forward to being part of their growth journey.”

Talking about the launch of the new brand category, Joy Chatterjee, General Manager, Sales and Marketing Mankind Pharma, said , “The reason behind including ‘Health OK’ in the OTC segment was mainly because nowadays the hectic lifestyles that people live, they frequently face issues related to low energy, tiredness and fatigue. Our plan to expand our OTC category has been strategically thought out as we constantly strive to provide solutions to our target consumers to better their lifestyle and health issues. In the near future, we have rigours plans to strengthen the overall category with existing brands, and additionally expand the products portfolio. Having on-boarded two Mega Superstars, Anil Kapoor and Ranveer Singh will help us further strengthen and build the awareness for this category.”

The decision has come at a time when the country is grappling with the COVID-19 pandemic and there is an increased focus on preventive healthcare. Factors such as rising health conditions, changing diets and eating habits have led to an uprising demand in the market. The brand is fully committed to satisfy the aspiring needs and help consumers to get the best quality products.

Business World, News

Muthoottu Mini’s Non- Convertible Debentures (NCD) Issue Open

Mar 31, 2021 by Rekha Nair 0 Comments

Chennai: Incorporated in the year 1998, a systemically important non-deposit taking NBFC in the gold loan sector, Muthoottu Mini Financers Ltd.(“ Muthoottu Mini”/ ‘MMFL’), has announced the opening of its public issue of Secured and Unsecured Debentures (“NCDs”) of the face value of Rs. 1,000 each.

The 14th NCD Issue aggregates to Rs. 125 crore, with an option to retain over-subscription upto Rs. 125 crore, aggregating upto a total of Rs. 250 crore. The 14th NCD Issue offers various options for subscription of NCDs with coupon rates ranging from 9.00% – 10.25% p.a. The 14th Issue opens on March 30, 2021 and closes on April 23, 2021, with an option of early closure or extension.

As on 30th September 2020, MMFL had 3,69,019 gold loan accounts, predominately from rural and semi urban areas, aggregating to Rs. 1825.55 cr which accounted for 97.27% of its total loans and advances. Its net Non-Performing Assets for six-month period ended September 30, 2020 stood at 0.59%, lower from the March, 2020 reported net Non-Performing Assets of 1.34%.

The Company, erstwhile part of a family business enterprise that was founded by Ninan Mathai Muthoottu in 1887 is now spearheaded by Nizzy Mathew, Chairwoman & Whole-time Director and Mathew Muthoottu, Managing Director.

The terms of each options of NCDs, offered under Issue are set out below:

Net proceeds of the Issue will be utilized for the purpose of onward lending, financing, and for repayment/prepayment of principal and interest on borrowings of the Company (Atleast 75%) – and the rest (up to 25%) for general corporate purpose.

The Secured and Unsecured NCDs offered through Prospectus dated March 25, 2021 are proposed to be listed on the BSE.

The Lead Manager to the Issue is Vivro Financial Services Private Limited

Vistra ITCL (India) Limited is the Debenture Trustee and Link Intime India Private Limited is the Registrar to the Issue.

Business World

NCR market registers a rise in demand and variety of luxury homes

Mar 31, 2021 by Neel Achary 0 Comments #and New Gurugram, #Director, #Dwarka Expressway, #Manesar, #Mr. Amit Thakran, #Sohna Road, #Value Homz

By Mr. Amit Thakran, Director, Value Homz

The luxury continues to redefine itself with changing times; the definition depends on the prevalent social ecosystem. Similar is the case now when a global pandemic continues to loom and dominate our lifestyle choices, buyers of luxury spaces the UHNI and HNI are seeking homes that provide sustainable luxury and a promise of wellness and security. Be-spoke experiences, multi-functional spaces, integrated home technology systems have come to be classified as mandatory requisites from luxury buyers. These buyers are now more conscious about entering into an agreement with reputed brands to have complete assurance of their investments made.

One of the country’s major real estate markets – Delhi-NCR, has witnessed distinguished luxury realtors constantly looking to upsize their offerings due to the pent up demand and low home loan interest rates.  This has led to never seen before variety in the kinds of homes available for buyers-from modern villas, penthouses to townhouses and bespoke apartments. As per recent research by Anarock, the NCR market in 2020 saw luxury housing sales better than 2019; 23,220 units were sold in which the luxury segment had a percentage of 4%, while in 2019, this was close to 3% of 46,910 units sold. This conveys a ray of positivity for the luxury developers.

The same report also highlighted that Gurugram in NCR had seen maximum housing sales and launches in 2020. This trend can be attributed to the fact that the city has one of the largest numbers of white-collar workers, with a homogeneous mix of industries. Adding on to it, development of new areas and improved infrastructure like Sohna Road, Dwarka Expressway, Manesar, and New Gurugram have also played a vital role in attracting the big names of the real estate market to come and construct their unique edifices here.

These newly developed areas on the peripheries have also proven to be a lucrative choice for the buyers and investors due to the availability of untapped resources, far from the clutter of the dense city. The lifestyle and quality of homes promised here in the luxury segment are becoming the selling points. In order to continue this positive trend of sales, circle rates in Delhi NCR should be rationalized as market prices are 30-40% lower than the circle rates. NCR Developers and the real estate associations have also written to the Government for reducing stamp duty like states of Maharashtra and Karnataka have done.

If a measure like stamp duty reduction is introduced for the Delhi NCR market, regions like Gurugram will bring significant growth in the overall economy, where demand for luxury housing is at an all time high and ample availability of luxury inventory already exists.

Business World, News

JLL facilitates the sale of prime 10-acre land parcel in the heart of Kalyan, Mumbai

Mar 31, 2021 by Rekha Nair 0 Comments

Mumbai: JLL India, the country’s largest real estate consultancy and professional services firm, announced the closure of an exclusive transaction of 10.3 acres of land parcel in the micro market of Kalyan in Mumbai. Mahindra Lifespaces executed the agreement to acquire this land from Ecohomes Townships LLP. JLL was the exclusive transaction partner for the said land deal for both parties. The deal was closed using a hybrid model of both online and offline technologies during and after the lockdown.

The land parcel located at the Kalyan Bhiwandi junction on Mumbai-Nashik Highway is approximately 300 meters away from the proposed Ranjnoli metro station. The micro-market of Kalyan has seen launches by large and trusted developers in the last couple of years on the back of high end-user demand. Further, it has seen rapid growth in demand for affordable housing with a boost in connectivity due to several key infrastructure developments.

“We see great growth potential in the micro markets like Kalyan in the coming years. The government’s policy push has paved the ground for a greater recovery of the residential market. Today, we see the end-user back in the market due to softening interest rates and better bargains being offered to the buyers,” said Karan Singh Sodi, Managing Director – Mumbai Metropolitan Region, JLL.

“While this deal was initiated during the lockdown period, we interjected technology into our day to day interaction with the clients to successfully close the deal,” he added.

“The runaway success of our first residential project in Kalyan validates the growing demand for high quality, aspirational homes by trusted brands in this attractive suburb. Our latest land acquisition in Kalyan is aligned to our strategy of strengthening our presence in high-performing markets. We look forward to delivering our next outstanding project in Kalyan,” said Arvind Subramanian, Managing Director & CEO, Mahindra Lifespace Developers Ltd.

Demand in residential market on an upswing

Aided by policy push by the Government of India, the residential market across pan-India has been on an upswing, with fence sitters rapidly converting into buyers due to lower interest rates and a ‘buyer’ favouring market. So much so that the Q1 (Jan-March) 2021 residential sales have recovered by more than 90% of the volumes, witnessed in Q1 2020 (pre-Covid 19) across the top seven cities. Importantly, sales either improved or stayed at similar levels (in Q1 2021 when compared to Q4 2020) in majority of the residential markets under consideration. Mumbai has consistently been the largest contributor to sales in the last four quarters.

Sustained growth of the sector expected in 2021

Guided by the expected economic growth trajectory, the uncertainty around the stability of jobs and incomes is only expected to reduce in the coming quarters. This is likely to have a direct positive impact on the housing sector with enhanced buyer confidence.

Business World, News

V- Guard Launches Aikido NXT Range of Air Coolers for Long-Lasting Cooling

Mar 31, 2021 by Rekha Nair 0 Comments #MD, #Mithun K Chittilappilly, #V-Guard Industries Ltd.

Chennai: V-Guard Industries Limited, India’s leading consumer appliances company has launched the Aikido NXT Air Coolers, which are next-generation Air Coolers, providing long-lasting cooling, to beat scorching summer days.

The Aikido NXT comes with a full-functional remote which offers complete control from your bed, eliminating the need to get up, during the night. It has a wide range of features like Smart Humidity Control, Smart Sleep Mode, Smart Memory Function and Low Water Level Alarm. Aikido NXT is a next-gen smart air cooler, designed to make you feel comfortable and provide a long and uninterrupted sleep, in the summer heat.

Aikido NXT comes with extra thick antifungal cellulose honeycomb cooling pads for better cooling. The product is also equipped with strong castor wheels to move the cooler in your home with ease.

The Aikido NXT comes in various capacities such as: 85L, 70L, 50L, 30L and 25L for various cooling needs and requirements. Thanks to Aikido NXT’s wide tank capacity, consumers can do away with the hassle of refilling water tank in the middle of the night thereby ensuring an uninterrupted sleep.

The range has wide offerings like desert, room & personal coolers under it. Aikido NXT offers high airflow of 4700m3/h air and air throw up to 15.2 meters ensuring efficient cooling.

Commenting on the new launch, Mithun K Chittilappilly, MD, V-Guard Industries Ltd. commented, “It has been the endeavor of V-Guard to strive continuously to delight our consumers with thoughtful products & experiences. The Aikido NXT was designed keeping in mind consumer’s hassle of waking up in the middle of the night and refilling the cooler water tank. Aikido NXT comes with features like extra thick cooling pads, higher tank capacity, remote operation etc. ensuring our discerning consumers have a peaceful, uninterrupted sleep.”