Tag: Managing Director

News

Runwal Group launches new project ‘Runwal Avenue’ at Kanjurmarg Smart Lifestyle Residences at the centre of the city

Dec 14, 2020 by Rekha Nair 0 Comments #Managing Director, #Mr. Subodh Runwal, #Runwal Group

Mumbai: Runwal Group, one of Mumbai’s leading real estate developers announced the launch of their new project “Runwal Avenue” at KanjurmargEast, Mumbai. Runwal Avenue will offer a smart lifestyle with a blend of connectivity, conveniences and comforts. The project is proposed to have 6 high-rise residential towers comprising of smart 1 and 2 BHK residences with efficient designs and very attractive prices, starting at just Rs.81 lakhs. Situated at the arterial location of Kanjurmarg, Runwal Avenue brings every significant landmark closer to you. From the strategically important business districts like SEEPZ & BKC to the International Airport, every key hub of the city is easily accessible. Kanjurmarg enjoys fantastic road, rail and upcoming Metro connectivity which will be further enhanced by a 4 line metro interchange hub that has been proposed at Kanjurmarg. This proposed metro hub will be under a kilometer away from Runwal Avenue and it will transform Kanjurmarg into a mega city centre. The metro Lines 4, 6, 3 and 14 are to converge at the proposed Metro Interchange Hub which will connect Kanjurmarg to locations such as Andheri, Thane, Badlapur and Colaba. So, places such as Versova, Cuffe Parade, Nariman Point, SEEPZ Wadala and many more will be closer to Kanjurmarg than ever before.

Speaking on the occasion, Mr. Subodh Runwal, Managing Director, Runwal Group said, “We are delighted to announce the launch of our new project Runwal Avenue at Kanjurmarg East.With the proposed metro interchange hub being nearby, residents will be able to enjoy faster connectivity to all parts of the city. Life at Runwal Avenue is not just about the exquisitely designed homes it offers, but also about a lifestyle with indulgences such as recreational amenities, high street and green open spaces. Runwal Group will continue to delight its customers through developments which are a blend of thoughtful design, quality construction and superior lifestyle.”

Runwal Avenue located at Kanjurmarg, is a perfect blend of connectivity, convenience and lifestyle. The project will feature thoughtfully designed facilities such as a health clinic within the premises by a leading healthcare institution. Runwal Avenue will also have a Wi-Fi-enabled business centre space to allow residents to manage their work from home lifestyle. It will also feature ‘Fifth Avenue’ – an integrated high street galleria The upmarket retail galleria will feature branded stores, restaurants, cafes, salons, and much more.

Residents of Runwal Avenue can pamper themselves with a wide range of amenities such as swimming pools, green open spaces, indoor games, badminton, state-of-the-art gym, yoga, play areas etc. A beautiful public garden of approx. 5 acres, situated just a 5 minute walk away will bring the joys of nature and green spaces closer.

Kanjurmarg has grown rapidly and has become a much sought-after destination amongst home buyers. It is a well-developed location with a cosmopolitan population. It has excellent social and civic infrastructure and is in close proximity to top-notch educational institutes, business hubs, healthcare facilities, hotels, shopping destinations and great natural surroundings. Situated just 10 minutes from Powai, it offers all Powai’s advantages at a far more attractive price.

Business World

Trouw Nutrition launches its state-of-the-art animal nutrition facility in Telangana

Dec 7, 2020 by Neel Achary 0 Comments #animal nutrition division of Dutch global company Nutreco, #Dr. Saurabh Shekhar, #Hyderabad, #Managing Director, #Mr Marten Van den Berg, #Netherlands Ambassador to India, #Nutreco, #South Asia, #Trouw Nutrition

Hyderabad: The state-of-the-art maiden production facility of Trouw Nutrition, the animal nutrition division of Dutch global company Nutreco, in India, was virtually inaugurated by the Netherlands Ambassador to India, Mr. Marten Van den Berg, at Jadcherla near Hyderabad, today. Nutreco, through its two reputed brands, Trouw Nutrition and Skretting, is a global leader in animal and aqua nutrition bringing innovative feed additives, premixes, and nutritional services.

The one of its kind new production facility from Trouw Nutrition has high-end technology designed to deliver superior quality premix for customers in South Asia. With 20,000 MT/ annum capacity, it is one of the largest premix production facilities in this part of Asia, dedicated to producing vitamins, mineral premixes, mineral blends, and feed safety solutions for all species. Its unique 45-meter-high tower at the new premises, facilitates vertical flow from raw materials to finished product stage, encompassing the complete production cycle from weighing of the raw material to packaging of the finished product. The completely automated and ERP integrated production process has minimal manual intervention to ensure high precision, unmatched quality, and utmost safety. The facility is equipped with a cold store for the storage of vitamins and heat-sensitive ingredients.

Speaking on the occasion Mr. Marten Van den Berg said, India is looking for opportunities and for attracting foreign companies to increase the Indian share in the global value chain, many foreign firms have been here for a very very long time, similarly several Dutch firms have a large footprint in India. Today, Trouw Nutrition an arm of the Dutch-based Nutrico, with more than 90 years’ experience in Animal Nutrition, which started their operations in the Netherlands have been able to successfully capture the Animal Nutrition market globally. It is spectacular to see huge investment in India by Trouw of over Euros 20 mn to set up two plants. Trouw Nutrition has made enormous investments in fundamental innovative research of animal nutrition, forming the basis for improved animal welfare worldwide. India has a great potential to become one of the most important dairy producers in the world by improving productivity through breeding and feeding and the output can be easily doubled or even tripled, which is also the mantra of the current Indian government, to double the income of farmers by 2022. Using innovative and sustainable solutions India can become an important exporter of dairy products for global consumption. India and the Netherlands are natural partners in Agriculture and in dairy. India is the world’s largest producer and consumer of milk and the Netherlands has 5% of the world dairy trade and therefore is a natural partner for India. Therefore, the Dutch dairy sector is looking for collaboration with India. India has tremendous potential in this sector. Similar to India, the Agricultural sector in the Netherlands is family-based, this makes it easier to understand the challenges of Indian farmers. After having a global health crisis like COVID 19 it is important that the people of the world consume safe food. Trouw Nutrition is committed to the cause of responsible use of antibiotics and food safety. Having a manufacturing unit in India can help to increase productivity per animal to feed the growing population. The Netherlands has demonstrated that these technologies have attained good production levels and the next step is to ensure pure sustained growth of livestock. Dutch Dairy companies are dynamic and innovative in nature, they all have one thing in common, that is to strive to produce more with less, to contribute to the health of the animal and environment, and achieve the highest quality product for human consumption. In the Netherlands we believe in the triple helix model, Industry, Government and research institutions working together, this is particularly important for increasing animal productivity and create sustainable solutions to prevent infections and diseases in animals. Worldwide changes are happening fast today, climate change, growing demand for quality products and growing pressure on agricultural land, in this changing scenario all countries have to work together, very close collaborations are needed to achieve the sustainable development goals, this is where Netherlands and India can closely work together. Looking at the potential and resources of India it is the right time to taking more initiatives to develop new collaborations and also strengthen or expand the existing ones between the two countries and on this note I hereby declare the opening of Trouw Nutrition in India, which I can rightfully say is one of the important steps taken in strengthening the cooperation that India and Netherlands share in the field of dairy. I appreciate the efforts that everyone has put in to make this initiative a reality. This facility will certainly increase the sustainable impact and bring in good practices in animal health and welfare.

Decades of hands-on expertise at Trouw ensures optimal and homogenous premixing of minerals and vitamins, which often is the key differentiator in maintaining the robust health of animals. Several such globally tested and established practices being implemented here, enable us to provide responsible and cost-effective solutions to our customers and progressive farmers. These make us stand out as leaders in the animal nutrition domain, says Dr. Saurabh Shekhar, Managing Director, South Asia, Nutreco.

This new production facility located on a four-acre land, besides being Trouw’s contribution to Atmanirbhar Bharat – Make in India initiative, brings in enormous operations efficiencies for the company with lesser turnaround time and better customizations as per customer’s needs. Telangana was an apt choice for locating the facility in India, considering its easy accessibility and being an investor-friendly state. Even from a market perspective, it’s a major poultry and aqua belt with logistical access to good ports. The facility will primarily cater to India first and later to the markets of Bangladesh, Nepal, and Sri Lanka.

Trouw Nutrition’s product mix supports the nutritional needs of animals at different stages of their lifecycle, be it the Life start range meant for the feed, vitality, and performance of young animals. Health & welfare array of products enable reduction of antibiotic usage, supports intestinal health, and provides nutritional solutions for specific challenges in animals. The third set of products, the Precision Nutrition range includes feed additives for production efficiency, emissions reduction, feeds for maximum growth, and potential.

In consonance with its global best practices, Trouw Nutrition has brought in several of its value-added services to benefit the customers here. Its Antimicrobial Resistance Programme enables antibiotics usage reduction, efficient microbial control, enhanced gut integrity, and efficient animal production. The Feed Safety Programme ensures safe feed by preserving nutritional value, the Mycotoxin Risk Management Programme enables risk assessment, monitoring, and control. The Trace Mineral Programme ensures optimum trace mineral supply to enhance growth and performance.

Trouw’s end to end solutions leverage its rich repository of a mix of superior products, dedicated services, and proficient people. This customer-centric approach aids farmers and our customers at all the necessary interventional points of feed, farm, and animal health and enables them to reap maximum productivity and profitability, says Dr. Saurabh Shekhar.

Trouw is adopting a seamless integrated solution approach in India by focusing on innovative technologies like Mycomaster, NutriOpt On-site Adviser (NOA), along with a dedicated Customer Service Laboratory, MasterLab at Hyderabad. The digital platform, NutriOpt On-site Adviser (NOA), helps in accurate nutrient analysis to achieve precision nutrition goals of farmers and feed millers, while Mycomaster provides a quick analysis of mycotoxins to enable quick decision making by customers. MasterLab, which is the largest chain of customer service laboratories in the animal nutrition industry, conducts varied analytical assays for complete feed, raw materials, and water, using state-of-the-art equipment, modern techniques, and highly qualified laboratory technicians.

Nutreco has both organic and inorganic growth plans to expand its footprints in South Asia. Though currently, the company’s thrust is on the B2B segment, the next steps are to foray into the B2F segment. NuFrontiers, the investment arm of Nutreco, has invested strategically in start-ups globally, including the Internet of Things (IoT) enterprise, Eruvaka in India for innovations in aquaculture. These initiatives will leverage the strengths, streamline long-term strategies, and position the Company firmly to take on the challenges ahead in the animal and aqua production domain. In fact, Eruvaka a Vijayawada based start-up helps in enhancing freshwater fishing substantially, we saw good results in India from this solution and took it globally, the most successful application of this is in Ecuador, where Eruvaka is helping farmers to increase their productivity.

Business World

Konica Minolta India expands production print portfolio with the launch of AccurioPress C14000/C12000 Series High-volume Production Presses

Dec 1, 2020 by Neel Achary 0 Comments #Konica Minolta Business Solutions, #Managing Director, #Mr. Tai Nizawa

Konica Minolta Business Solutions, a leader in world-class printing technology, has rolled out AccurioPress C14000/C12000 series to strengthen its existing production print portfolio. As part of the launch of its latest series of high-volume production presses, the company has introduced two machines: a 140 ppm AccurioPress C14000 and 120 ppm AccurioPress C12000.

Designed from the ground up to be digital print factories, these machines demonstrate Konica Minolta’s mission to support the transformation of its clients. The launch also underlines the company’s vision of creating solutions that expand and streamline its businesses through various factors. These include advanced automation, fewer human touchpoints, and higher productivity with tangible effect, leading to increased, high-quality output with less waste.

Commenting on the launch, Mr. Tai Nizawa, Managing Director, Konica Minolta Business Solutions India said, “At Konica Minolta, we strive to innovate and advance at every step we take, to create and deliver cutting-edge printing solutions for our stakeholders. The launch of our latest machines is in sync with this vision, and further reaffirms our commitment to meeting the changing needs of our customers and offering them products that ensure higher quality and productivity with minimal waste of resources and time. Going forward, we will continue to follow an agile approach, innovate our existing portfolios, and offer the best to our customers in the following years.”

Opportunities for business expansion

The new machines are designed to help customers ramp up the productivity levels of their businesses through speed and efficiency. Sporting resolution equivalent to 3600×2400 dpi and an enhanced media capability of up to 450 gsm, not only do these products ensure speed to operations, but also offers outstanding image quality and unparalleled media flexibility.

Equipped with new duplex banner printing up to 900 mm. simplex banner length capability of 1,300 mm, combined with envelope and embossed media printability, these products enable customers to offer new types of work, including four-panel gatefold brochures and book covers for finishing offline. Consumers can also do envelope printing using the standard fuser in a much seamless manner. Besides, the technology used in the machine improves image quality on textured paper stocks.

Operational Efficiency

Paired with Konica Minolta’s enhanced IQ-501 Intelligent Quality Optimiser, the new presses automatically and continuously measure and correct color, so the first print in a run matches the last. The company has also improved its two-dimensional registration correction feature through the higher output resolution. The automatic media detection sensor comes standard on these models. It detects the stock, assigns the appropriate tray, eliminates time-consuming paper settings and operator error, reduce waste, and eventually amplifies productivity.

New accessories for the units include the TU-510 Versatile Trimmer Unit, an inline, four-edge trimmer, and creaser that allows full-bleed finishing support for banners, booklets, direct mail, and a dedicated business card cutting option. Additionally, the LS-507 Large Stacker supports higher speed, permits banner bypass, and offers operators the advantage of offloading while the machine is still running. Convenient color management and job management utilities are available with Konica Minolta’s proprietary controller. A customizable operation screen makes the products extremely easy to operate. Other third-party controller options include the latest Fiery and Creo models.

Stability, High Durability, and Reduced Downtime Improve TCO

Konica Minolta’s IQ-501 Intelligent Quality Optimiser’s enhanced auto inspection options offer expanded inspection performance. It is capable of verifying print quality and detecting streaks, spots, and blemishes. It ensures maximum stability even during long-run jobs, while better registration and quality increases total usable print volume. The new presses offer a highly reliable duty cycle of 2.5 million, up from 1.8 million with the AccurioPress C6100, with double the toner capacity of earlier models.

Learn more about the new AccurioPress C14000 and C12000 by visiting us at www.bt.konicaminolta.in.

Business World

Bhumika Group bags “Emerging Developer of the Year award – Retail” and “Architectural Design of the year retail (North)”

Dec 1, 2020 by Neel Achary 0 Comments #Bhumika Group, #Managing Director, #Uddhav Poddar

New Delhi: Leading developer and a multi-award winner Bhumika Group has bagged 2 more awards last week for the exemplary work that they are doing in the real estate sector. They were recognized as the ‘Emerging Developer of the Year – Retail’ and ‘Architectural design of the year – Retail (North)’ for Urban Square, Udaipur.

Commenting on the win, Uddhav Poddar, Managing Director, Bhumika Group, thanked the jury and added “It gives us immense pleasure to get acknowledged for something like this. Urban Square is the Ist flagship project of Bhumika Group where everyone has put their heart & soul into it. We are committed towards creating developments which will have an “International Shopping Experience” with an appropriate product mix suited to the respective market built to International standards and delivered on time. Such recognitions are a great honor for the organization.”

Bhumika Group is developing 2 malls – Urban Square at Udaipur & Urban Square Galleria at Alwar. It has plans to expand in cities like, Jaipur, Jodhpur, Bhilwara, Kota & Delhi NCR.

Urban Square is a 1.8 Million Sq. Ft. mixed use development which has a mall positioned as “All Under One Roof” Mall. It’s the largest mixed use development of Rajasthan spread across 1.8 Million Sq. Ft. with High Street Retail, Service Apartments, a 5-Star Hotel, Office Suites, Signature Clubs & banquets and multi cuisine restaurants. The architecture of the project delves deep into the use of indoor and outdoor, formal and informal spaces, vibrant colours, ethnic traditions and handicrafts which is an intrinsic part of the heritage of Rajasthan.

Many leading International & National brands have already been signed up.

As per the sources, Phase I, measuring approximately 1 million square feet will be ready for possession very soon, as per the scheduled time despite the COVID crisis.

The group has already won 7 coveted awards for Urban Square which aims to provide a one-stop destination for the citizens of Udaipur and travellers to the city of Udaipur & Nathdwara. No doubt this is another feather in the Cap.

Business World

Mimamsaa – India’s first-of-its-kind ‘premium Decorative Lighting’ brand launch by DITIPL

Nov 28, 2020 by Neel Achary 0 Comments #Amit Seth, #DITIPL, #lighting sector, #Managing Director

New Delhi: While the world was battling against the Covid 19 pandemic since the month of April this year, four corporate executives were tirelessly working on launching their own company into the Decorative & Commercial Lighting segment in India.

Deepawali in India is known to be the “festival of lights”. Subsequently, it was an apt period to launch Mimamsaa – India’s first-of-its-kind premium Decorative Lighting brand by Decorative Innovation Technologies India Pvt Ltd (DITIPL).

DITIPL had to confine itself to launch the ‘Mimamsaa’ brand digitally by sharing the Product Portfolio having more than 5000+ products with 24 Franchisees, who are known as ‘Premium Project Associates’ in cities like Mumbai, Delhi, Bengaluru, Pune, Nashik, Chennai, Hyderabad, Kolkata, Kochi, Ludhiana amongst others.

DITIPL is positioned as a highly innovative decorative and technical Lighting company present in both formats – Online and through Outlets. Mimamsaa range is a ‘premium decorative lighting and artefacts’ brand that has the USP to deal in complete and complex range of materials from simple iron metal to high lustre crystal pieces.

On the organisational front, DITIPL’s mission is to build an organisation ignited with passion & domain expertise in providing premium designer lighting solutions in the Indian market. It wishes to create an enriching value proposition to its Distributors who will be professionally trained & equipped to deliver best-in-class service to satisfy the customers. Finally, it is going to be a technology-backed enterprise with state-of-the-art ERP and CRM solutions in place in order to meet the distributor & end customers’ requirements.

Amit Seth, Managing Director, DITIPL said, “The lighting sector has been still considered ‘unorganised’ because of a lot of pain points like – high dependence on imports from China, lack of product options and presence of strong Pan-India brand, limited availability of manufacturing capabilities to brand reliability and sustainability. At DITIPL, our vision is to create a complete product range from premium decorative lighting fixtures to technical and commercial lighting with impeccable capability to service art-effects to match the original design intent of our partners like Lighting Designers, Architects and Interior Designers etc.”

As a company, DITIPL has a strong emphasis on Customer Education through its ‘Training & Development’ initiative and plans to have highly trained team of Distributors across India to understand the client requirement and provide suitable and efficient solutions. DITIPL plans to grow its Distributor network to 100 in the next 12 -18 months.

Says Deepak Kanulkar who drives the Government Projects & Brand Initiatives of DITIPL, “India is witnessing ‘exponential growth’ in the various areas of public infrastructure ecosystem like Smart Cities, Museums, Sports Stadiums, River fronts, Parks, Airports etc. We at DITIPL are committed to contribute in this endeavour of ‘nation-building’ by supplying high quality international brands along with our own products that will help in beautifying the public infrastructure across all states and union territories of India.”

As a business strategy in premium decorative segment, DITIPL aims to promote Mimamsaa products in sectors like Commercial, Retail, Restaurant, Hospitality, Hi-end Residential, Outdoor & Public Spaces.

Meanwhile, the Company as mapped it target overall business segments very carefully and will focus on Airports, Sports infrastructure, Museums, Parks, River Fronts, Heritage Sites & Religious Structures, Roads & Bridges, Ports etc in addition to outdoor and indoor LED screens.

The management team at DITIPL is represented by two ex-financial services professionals Amit Seth and Harideep Salwan, who have represented financial services institutions like HSBC, AIG, HDFC, ICICI amongst others; Ashish Narang who comes with over 25 years of experience in Lighting having worked with brands like Clipsal, Crompton Greaves, Osram etc and Deepak Kanulkar who has spent over 27 years in Strategic Communications, PR & Public Affairs working for organisations like Bombay Chamber, Cipla, Hinduja, Coca-Cola India, Tata AIG, GRI etc.

DITIPL currently has its offices in Mumbai, Bengaluru and Delhi.

Business World

Informa Markets in India and KDCL Unveil INFRACONEX

Sep 16, 2020 by Neel Achary 0 Comments #Atmanirbhar Bharat, #Informa Markets in India, #Managing Director, #MSMEs, #Yogesh Mudras

Gandhinagar, September 16th, 2020: Informa Markets in India, (formerly UBM India), India’s leading B2B exhibition organiser, and K and D Communication Ltd. ( KDCL ) in a Joint Venture, today unveiled a brand new Exhibition ‘ INFRACONEX’ that will cater to the Indian construction equipment sector. The three day Expo slated for 6th-8th August 2021 at Gandhinagar, Gujarat, will focus on new launches, automation technology in construction, provide solutions to the industry drivers, and forecast the challenges of the India construction equipment market through high content-driven conference, seminar & product presentation. The announcement was virtually marked by the presence of Shri Satin Sachdeva-Founder President- Construction Equipment Rental Association (CERA); Shri Arvind Patel Chairman Gujarat Contractors Association (GCA); Shri Sanket Shah- Hon. Secretary, GIHED CREDAI, Shri Yogesh Mudras, Managing Director, Informa Markets in India, and Shri Samir Kapoor- Head Projects – KDCL at the Virtual Press Conference.

The country’s economy and the construction industry both have faced adversity following the COVID-19 enforced lockdown. This unprecedented scale of events had forced the industry to come to a halt forcing the migrant labour to return to their hometowns as private businesses had pessimistic views and reduced spending. The timing of the expo is in sync with the movements in the market especially in the current pandemic scenario where industries are looking forward to revival. According to a recent research report by GLEEDS, general sentiments in the market show the business to be slowly picking up, however, Q4 2020 shows a poor to moderate returns and a sense of normalcy would be expected to return only in Q2 2021, provided the vaccine is found and distributed in India by year-end 2020.

With the Government’s mission of ATMANIRBHAR BHARAT and vision to increase MSMEs’ contribution to India’s GDP to over 50% from the current 29%, the event will also facilitate the MSME companies with special pricing at the MSME Pavilion and will allow meeting the policymakers & buyers. Apart from providing ease of doing online business, the expo will act as a catalyst for global networking with foreign manufactures.

Speaking at the virtual Press Meet of the unveiling of INFRACONEX 2021, Mr. Yogesh Mudras, Managing Director, Informa Markets in India said, “The Indian road infrastructure and highways construction industry, including the equipment and materials, are the biggest component in driving the economy and the second-largest employer after agriculture. With the government’s projection of ₹111 trillion investments for 2020-25 to develop social and economic infrastructure to boost economic growth, allied industries such as the construction equipment market will be augmented. InfraConex aims to create a business /experience for all the industry stakeholders such as construction equipment companies, distributors, policy makers, government, financial institutions, associations, organizations, forums, and alliances related to the construction equipment market. The expo will also help the MSME companies from the construction sector to connect with the financial institutions to better understand the government policies of funding MSME. This would be especially useful given that 30 % of equipment manufacturers in India comprise Gujarat based MSMEs. Special products zone will be created to display the innovative products manufactured by the MSMEs.”

“We are extremely proud to partner with KDCL for InfraConex that will support us with their worldwide networking, pre-emptive planning, and execution. With a strong base in the western region, our collaboration with KDCL will raise the platform for the construction equipment sector. We look forward to a prolific partnership with them.” He further added.

The expo will be a catalyst in the growth of the construction equipment market by creating meaningful interaction between various stakeholders of the industry such as manufacturers, suppliers, distributors, policymakers, investors, nodal agencies, and associations. It will provide a platform to showcase the path-breaking technologies, automation, and solutions for the industry to ascend to the next level. It will help industry stakeholders explore the latest products and technologies and thereby help them in CAPEX related decision making. The expo will also host a knowledge forum by key influencers of the industry through conferences and seminars and will facilitate mind-stimulating discussion on challenges and way forward for the industry.

Infraconex is well received by associations such as Indian Construction Equipment Manufacturers Association-I-CEMA; Construction Equipment Rental Association- CERA; Crane Owners Association Of India- (COAOI); Builders Association Of India- BAI; Maharashtra Chamber Of Housing Industry- CREDAI- MCHI; Confederation of Real Estate Developers’ Associations of India (CREDAI); CREDAI Gujarat; National Real Estate Development Council- NAREDCO; Tunneling Association OF India- TAI; Gujarat Contractors Association; Ready Mix Concrete Manufacturers Association -RMCMA and Fluid Power Society Of India.

Exhibitors at the event will be from various industries related to construction such as Earthmoving, Demolition & Transport Equipment; Roads, Ports & Foundation Equipment, Building & Concrete Sector; Lifting, Handling & Hydraulic; Automation & IT; and Safety Equipment. The first physical expo of the construction industry after the COVID pandemic is likely to attract Architects, Builders / Developers, Consultants, Contractors, Distributors /Retailers, Large EPCs, Financial/Leasing Companies, Government Officials, Industry Associations, Mining Companies, OEM Manufacturers, Oil Refineries, Port Companies, Power Plants, Public-Sector Decision Makers, Rental Companies, Safety Companies, and Spare Parts & Component Manufacturers.

Business World

Wearing Helmet may protect you from COVID-19 Steelbird’s Unique Video Message meant for Genx

Sep 14, 2020 by Gouri Achary 0 Comments #Managing Director, #Mr. Rajeev Kapur, #Steelbird Group, #Steelbird Hi-Tech India limited, #World Health Organization (WHO)

New Delhi, 14th September 2020: Steelbird Hi-Tech India limited, Asia’s largest Helmet manufacturer, has recently launched a video on social media that captures the importance of the use of helmets not only for road safety but also as a protective gear to keep the riders safe in these times of Covid-19 pandemic.

The video beautifully showcases how the rider wearing the Steelbird Full Face Helmet did not contract coronavirus while the other rider who was without the helmet tested Covid-19 positive because of the droplets from sneeze falling on his face. So, Steelbird Helmets are designed in a way to ensure complete safety on the road; allows citizens to meet the requirements for minimizing contact thus keeping them safe from the pandemic and mishaps on roads.

Commenting on the video Mr. Rajeev Kapur, Managing Director, Steelbird Group said, “As we are all adapting to the new normal and people are back to work preventive measures are necessary if we want our cities to work and prevent the virus from spreading. Good quality helmets with a lot of R&D are the need of the hour as they are a practical and safe solution as two-wheelers are gaining significance due to social distancing.”

In technical guidance on mobility during COVID-19 times, the World Health Organization (WHO) had recommended two-wheelers as the safest means of transport as it is useful for social distancing. Even the experts and industry players anticipate that two-wheelers along with the helmet would play a pivotal role for commuters until the time we overcome this pandemic.

“With the ongoing restriction of public transportation, two-wheelers are the best available option. It is being encouraged as a way to avoid unsafe crowding on trains and buses and the helmets further add to the safety of the rider. Thus, Coronavirus is showing us that helmets are an indispensable asset, it is now more than ever essential. Increase in use of two-wheelers with mandatory helmets will help in keeping a safe distance and avoid deaths due to accidents.

Therefore, this video aims to capture the very essence that we should encourage and give more importance to the use of helmets. A good quality helmet can contribute to preventing a second wave of the Coronavirus pandemic. As bikes are being encouraged to reduce congestion and person-to-person contact, helmets can act as a safety gear during both mishaps and prevent the rider from contracting Coronavirus.” added by Mr. Kapur.

Business World

E-commerce and Organised Retailing to Propel Growth in Indian Packaging Sector: Exim Bank Study

Sep 5, 2020 by Gouri Achary 0 Comments #E-commerce and Organised Retailing, #Exim Bank, #Indian Packaging Sector: Exim Bank Study, #Managing Director, #Mr. David Rasquinha, #Shri Subodh Gupta

According to a Study published by the Export-Import Bank of India (India Exim Bank), Indian packaging sector is expected to reach US$ 72.6 billion by 2020, growing at a CAGR of 18% during 2016-21. The food packaging industry is expected to reach around US$ 55 billion by 2020. Propelled by rising urbanization, growing largest pool of young and middle to high income population and increased preference for safe and convenience food, the industry is slated to undergo a transition from loose to packaged, processed food and beverage products in the next five years. With E-commerce in India projected to grow rapidly at a CAGR of 27% from 2017 to 2026, to reach US$ 200 billion, transit packaging and omni-channel packaging are emerging as the most potential segments where Indian packaging industry have considerable scope of expansion.

The findings of the Study were shared by India Exim Bank through an interactive webinar on the theme ‘Packaging Sector – Potential and Way Forward’, on 4th September 2020. The webinar also highlighted the potential areas of growth for the Indian packaging sector, as also to proffer key strategies for the sector to become internationally competitive.

The Study, titled ‘Packaging Sector – Potential and Way Forward’, analyses key aspects of the sector’s competitiveness in the international market, identifies major challenges for the sector in India, predominantly focussing on food packaging, and recommends pertinent strategies for alleviating the concerns. The Study recommends package manufacturing and packaging services as the two potential segments for the Indian packaging sector and developing the traditional packaging manufacturing units in the MSMEs with appropriate policy interventions. The Study also recommends encouraging public private partnerships in establishing Packaging Parks at Centers where manufacturing clusters are active, which may help in scaling up the objectives of MSMEs and enhance their productivity.

The study also highlights the role of R&D in the sector’s development and the need for scaling up investments in R&D in the sector significantly.

From the perspective of capacity building, the Study suggests increasing the number of institutions in the area of packaging education and training, strengthening of Indian Institute of Packaging (IIP) with appropriate investment, and also including packaging education in Central Government’s Skill India Program.

The Study was released by the Chief Guests for the webinar Shri Subodh Gupta, Chairman, IIP; and Dr. Tanweer Alam, Director, IIP. Speaking on the occasion, Shri Subodh Gupta highlighted the importance of packaging as an essential component of product development and safety of the final products, especially at the backdrop of the COVID pandemic. Shri Gupta also recognised India Exim Bank’s efforts in bringing out the Study and the long-drawn impact of the recommendations on the industry. Adding on to Shri Gupta’s views, Dr. Alam, Director, IIP highlighted the role of IIP as a growth driver for the Indian packaging industry particularly in the areas of export packaging of hazardous goods.

Mr. David Rasquinha, Managing Director, Exim Bank, in his welcome address, noted that the packaging sector is of paramount importance and plays a vital role in the international trade of goods. With international trade being at the focal point of the narratives of “Atmanirbhar Bharat” and “Vocal for Global”, there is a need for cohesive efforts at all levels of product development to prepare the domestic industry for achieving these objectives, Mr. Rasquinha added.

For more information, contact:
Shri Prahalathan Iyer, Chief General Manager, Research & Analysis Group
Export-Import Bank of India, Centre One Building, Floor 21, WTC Complex, Mumbai 400005
Phone: 91-22-2217 2704, Fax: 91-22-2218 0743, E-mail: prahalathan@eximbankindia.in

Business World

Appointment Orders – 20th August – 60 Min Compliance Webinar

Aug 20, 2020 by Gouri Achary 0 Comments #’60 Minutes Compliance’, #Aparajitha Corporate Service Private Limited, #Aparajitha Corporate Services Private Limited, #Chief Consultation Officer, #Managing Director, #Mr. K. Varadan, #Mr. Nagaraj Krishnan

Chennai, August 20, 2020: Aparajitha Corporate Services Private Limited, the country’s no.1 company for Regulation and Statutory Compliance, today organised a ’60 Minutes Compliance’ webinar to discuss the procedures and importance of drafting an appointment order.

The webinar was aimed at explaining the need for utmost proficiency in drafting these orders, along with the awareness of the clauses and their implications. The session also highlighted the mandatory and optional clauses.

Speaking on the occasion, Mr Nagaraj Krishnan, Managing Director, Aparajitha Corporate Service Private Limited said, “An appointment order is a legally binding document that confirms that an organisation has offered a position to an employee and they have accepted the terms and agreement in exchange for a salary. It is imperative for any appointment order to go into great details of what is expected of the new employee and the role she/he will play in the company. This letter is a binding document and should contain all the information necessary for an employee to begin working for the company. Today’s session is aimed at covering and educating about the important aspects of the appointment order, right from the drafting and issuance to using it in necessary times to formally rectify or take action on any breach.”

The topics that were emphasised and covered in the webinar were:

Laws / Contracts which govern service conditions
Is a written appointment order necessary?
Concept of Employment keeping in mind the relevance for:
– Employer

– Employee

– Contract of Employment

The Various ingredients of a valid contract
– Offer

– Acceptance

– Capacity of parties to contract

– Consensus-ad-idem

– Consideration

– Legalities and

– Possibilities of Performance

Other points that were also covered were – Characteristics of Basic pay and the different allowances, Whether ( statutory ) bonus can be paid on monthly basis, Case laws on execution on bonds, case laws on post-employment restrictions, Clause on Automatic termination / Abandonment, notice period/resignations – contractually period and non-contractual period etc.

The webinar, which saw participation by 755 plus individuals comprising of HR professionals and senior level personnel from Corporates across various industry sectors, was moderated and addressed by Mr. K. Varadan, Chief Consultation Officer, Aparajitha Corporate Services Private Limited.

Business World

Dollar Industries Limited announces Q1FY21 results

Aug 18, 2020 by Gouri Achary 0 Comments #Dollar Industries Limited, #Managing Director, #Mr. Vinod Kumar Gupta

Chennai, 18th August 2020: Dollar Industries Limited, one of the leading Garment & Hosiery Company in the country have announced its financial results for the quarter ended June 30, 2020.

Highlights for Q1FY21 Standalone Financials § 
Total Revenue for Q1FY21 stood at Rs.160.17 crore as compared to Rs.233.94 crores for Q1FY20, De-growth of 31.53%. §
Operating Revenue for Q1FY21 stood at Rs.159.99 crore as compared to Rs.233.59 crores for Q1FY20, De-growth of 31.51%. § 
EBITDAfor Q1FY21 stood at Rs.28.83 crore as compared to Rs.27.32 crores for Q1FY20, growth of 5.54%. § 
PATfor Q1FY21 stood at Rs.16.43 crore as compared to Rs.12.90 crores for Q1FY20, growth of 27.47%. 

Commenting on the results, Mr. Vinod Kumar Gupta, Managing Director, Dollar Industries Limited said,

The impact of COVID-19 pandemic on the health of the business of the Companies has provided an opportunity to companies to work in a different way, that is to run the business in the worst scenario. With the decreased revenue, the Companies are trying to cut cost and adopt other measures to decrease their other consequential expenses as well. Companies are restoring to other innovative means to draw their customers.

Keeping in mind the health and safety of its consumers, Dollar Industries Limited will soon launch a unique range of products. Clubbed with new-age technology and Dollar’s trusted products, the upcoming range will be soon available for consumers across the country.

The Company continues to think of innovative ways to ensure that the products reach its consumers safely.