Tag: Vice President

Business, News

Schneider Electric and AVEVA Unify Vale Mining Operations to Improve Safety and Sustainability

Aug 23, 2021 by Rekha Nair 0 Comments #AVEVA, #Electrical and Automation Engineer Leader, #Gilberto da Cunha Vieira, #Global Strategic Partners, #Marc Ramsay, #Minerals and Metals, #Paulo Henrique Fontes Coura, #President – Mining, #Rob Moffitt, #Schneider Electric, #Senior Automation Leader, #Vale, #Vice President

Mumbai, India – Schneider Electric, the leader in the digital transformation of energy management and automation, and AVEVA, a global leader in industrial software, driving digital transformation and sustainability, are powering the unification of operations for Vale, a global natural resources and mining company.

The combination of AVEVA and Schneider Electric software, technology and mining domain expertise is providing Vale with the ability to integrate, centralize, and remotely monitor operations across its Mariana and Itabira complexes in Brazil.

Vale ranks among the top five largest mining companies in the world. Headquartered in Rio de Janeiro, the world’s leading producer of iron ore, pellets and nickel employs a global workforce of over 170,000 people in 38 countries. The Mariana Complex and Itabira Complex are two of Vale’s major iron ore production sites, located in Minas Gerais, Brazil. Together, the complexes are responsible for more than 75% of the production data from Vale’s Minas Gerais mining operations.

While primarily implemented to improve safety through remote operations, digitalization is critically important to driving efficiency and sustainability in mining. Through the partnership, Vale can unify operations across multiple sites and upgrade its old system to one capable of remotely controlling all the diverse technologies operating across each mining facility. Crucially, the remote management solution enables Vale to have fewer professionals onsite, increasing safety and reducing operational expenditures while also vastly improving energy efficiency, and therefore, sustainability.

Vale chose Schneider Electric and AVEVA for the technological performance and visibility offered by their solutions. These provide an extremely high level of flexibility due to their vendor-agnostic nature, making it easy to integrate disparate technologies across multiple sites.

“We are constantly looking to improve safety, efficiency and sustainability, not just now but also for the future,” said Paulo Henrique Fontes Coura, Senior Automation Leader, Vale. “Schneider Electric and AVEVA have become an integral part of that journey. Rather than simply offering the software, they provided a complete, bespoke end-to-end service helping us optimize at every turn. This included training, support, and advice throughout.”

“The collaboration between our companies has created something much greater than the sum of its parts,” said Gilberto da Cunha Vieira, Electrical and Automation Engineer Leader, Vale. “We are enormously grateful to Schneider Electric and AVEVA for bringing our facilities together.”

Schneider Electric deployed EcoStruxure™ Control Expert – Asset Link, combining AVEVA™ System Platform and Schneider Modicon M580, to provide visibility and unify operations for Vale. The technology enables data to be integrated directly into the system, so Vale’s managers have granular insights without having to manually transfer any intelligence. By bringing this data together, Vale can now create a master operations center and remotely manage everything. This greatly improves operational efficiency and means less people are onsite, providing a significant boost to safety.

Other results include:

• Cost savings with faster data to make decisions
• Full visibility and compatibility for all plants, providing a single holistic view
• Better coordination in operations, and increased efficiency and productivity by unifying multiple disciplines at the same place
• Complete standardization through one platform, with multiple device manufacturers
• Greater sustainability through resource optimization

“In today’s world, information is imperative,” said Rob Moffitt, President – Mining, Minerals and Metals, Schneider Electric. “It drives safety, sustainability, and profitability for those able to use it successfully. Iron production is essential to all our lives, providing steel for the automotive and construction industries around the world. It is vital that a sector upon which we rely can run efficiently, safely and sustainably. The system we have created for Vale alongside AVEVA is vital to this process. We look forward to seeing Vale unlock its potential to understand, manage and enhance its operations across Brazil.”

“Mining operations are data-rich environments where digital transformation can drive sustainability and productivity gains for improved asset utilization and enhanced value optimization,” commented Marc Ramsay, Vice President, Global Strategic Partners, AVEVA. “Together with Schneider Electric EcoStruxure, AVEVA System Platform supports Vale in realizing the mines of the future through contextualized operations built on a collaborative, standards-based foundation that unifies people, processes, and assets across all of Vale’s facilities for continuous operational improvement and real-time decision assistance.”

Business, News

Indian Staffing Federation Unveils First Ever, Annual Research Report – Annual Flexi Staffing Employment Trends: 2021

Aug 6, 2021 by Rekha Nair 0 Comments #Executive Director, #Farhan Azmi, #Indian Staffing Federation, #ohit Bhatia, #President, #Suchita Dutta, #Vice President

New Delhi: Indian Staffing Federation (ISF), the apex body that represents the staffing companies in India, unveiled their first ever flexi staffing employment trends in an annual report titled ‘Annual Flexi Staffing Employment Trends Report: 2021’. The report, prepared by ISF, is based on the primary research of over 100 staffing members across the country in a span of 60 days. The survey covers the various dimensions of employment across top 15 sectors including- IT/ITeS, Telecom, Banking, Retail, E-Commerce, FMCG & CD, Manufacturing, Pharma and Healthcare, Insurance, Edutech, Logistics Transport to assess and present a holistic view of the flexi staffing industry during the pandemic in its report findings.

The report for the first time throws light on the resilience of the temp industry in India, the new opportunities and trends that were observed during the pandemic and the promising sectors that would redefine the future course of temp staffing in India in the coming years.

Notable findings of the report include:

• Despite the challenging year, Indian Staffing industry ends the FY 2021 with a modest 3.6% growth over Mar’20.
• Q4FY21 ending showed a massive recovery, crossing 1.03 million flexi staff deployed across industries through members of ISF
• ISF members saw a minimal decline in Q121 (-7%) followed by a sharp rise Q221 onwards indicating corporate India recovery and staffing companies agility towards Covid proof sectors
• Flexi workers employed in Y21 were +21% with higher education; +11% with higher skills than Y20
• In 2021 +31% growth in flexi work compared to other formats of employment
• An overall net addition of 157,000 more people added to flexi workforce, compared from 2019
• Women participation in Flexi workforce grew +6% during Covid during the period
• The top 5 sectors to drive temp demand: Healthcare, IT & ITeS, Pharma, Edutech and Ecommerce.
• Healthcare, IT & ITeS, Pharma, Edutech and Ecommerce are expected to lead employment growth by above 35% in the upcoming Qtrs
• Temp staffing growth were witnessed in IT staffing, E-com, Logistics, Manufacturing despite the pandemic impact.
• Employment sentiments findings state that IT & ITeS will be driven by digital integration and investment in expedited automation processes as Tech firms bets big on campus and entry level talent especially in the temp role, thereby driving positive future prospects for freshers.
• For Edu-tech sector, with the new age pedagogic adoption and shift to digital solutions and collaborative platforms, growth drivers would move beyond K12 to include skill development and learning management systems, etching temp manpower requirement considerably.
• Temp demand in Healthcare and Pharma will be driven by the preparation for better response management system for 3rd wave of Covid and the R&D investment into manufacturing of vaccines and associated OTC drugs.

Introducing the report, Lohit Bhatia, President, Indian Staffing Federation, said, “While India has been fearlessly battling the impact of the Covid waves there is no denying that temp staffing stood up against the test of time and helped key sectors to continue their business. Despite the challenges, the staffing industry not only ended the FY 2021 with a modest 3.6% growth over Mar’20 and but also concluded with more than 1.03 million flexi staff across industries. This growth reiterated the resilience of Indian Staffing industry, its customers and maturity and that it will continue to be India’s key job creation engine. Am happy to be unveiling ISF’s first ever Flexi Staffing Employment Research Report “Annual Flexi Staffing Employment Trends: 2021 which will aid the industry to create the success roadmap for the coming quarters and set greater milestones”.

Farhan Azmi, Vice President, Indian Staffing Federation added, “At this time of the pandemic, staffing industry has been resilient and there has been significant growth momentum created by existing and new emerging business requirements in sectors like IT, FMCG, Edutech, Ecommerce pharma and healthcare. Acceleration towards formal employment continues to be the key to India’s economic growth.”

In her comments, Suchita Dutta, Executive Director, Indian Staffing Federation, said, “With over 31% growth in flexi work compared to other formats of employment, this report not only shows the maturity of the growing acceptance of formal contract employment options, but also the fact that when the focus to ensure social protection is provided, it can turn around the employment scenario of the country. With the landmark Labour reforms in the anvil, the report indicates the future of the industry will propel further formalisation through formal staffing. Further simplification of labour laws, policies and better regulatory cholesterol will mobilize new in-roads for both the staffing industry and the Indian economy.”

About Indian Staffing Federation: Indian Staffing Federation is the apex body representing flexi staffing companies, formed to provide a platform for recognized employment, work choice, even compensation, social security and health benefits for the temporary workforce; that constitutes a sizeable segment of India’s total workforce. Over 100+ members of the federation have generated employment for over 9 million employees over the last 10 years and currently employ over 1 million flexi staff annually. The principal focus of the Federation’s activities shall be to strengthen triangular employment relationships, in which the staffing company is the employer of the temporary worker, who works under the supervision of the user company. The purpose of ISF is to enhance long-term growth of the staffing industry and to ensure its continued ability to make positive contributions to the economy and society.

Business, News

Reach3 Roads reaches for its first milestone

Aug 3, 2021 by Rekha Nair 0 Comments #Nandani Taneja, #Reach Pro Group, #Vice President

Gurugram: Reach Pro celebrated the first anniversary of its high street retail complex, 3 Roads on 1st August 2021, Sunday. The event started at 5 pm and was celebrated with much gaiety with kids from the Saksham organisation. They stopped at nothing when it came to celebrating their great feat. They planned super fun activities to indulge the kids like food, games, and fun activities for their entertainment. Besides, they announced the launch of a month-long mega shop festival where the winner will get a chance to win a TV.

The event was followed by cake cutting by the kids from the Saksham foundation. The kids were delighted with the snacks from Haldirams. Besides all the fun activities, they also organized Live band performances to make the evening gala. The kids were also given presents that brought a big smile to their faces. The event also attracted footfall in the complex following all the covid protocols. The people in the mall became a part of the anniversary celebrations and took home some wonderful memories from the one-stop shopping destination.

Commenting on completing a year, Nandani Taneja, Vice President, Reach Pro Group said, 3 Roads has accomplished a year filled with celebrations and vivid memories. The event was organised following all the Covid-19 protocols. The complex’s well-planned design aims to provide a safer shopping destination and a relaxing outdoor experience. Celebrating this amazing journey with these kids and bringing a smile to these kids made it worthwhile. We feel honoured that we took this important day in our lives to make their day special with all these bundles of joy. The way forward is making the Reach 3 Roads an exhilarated shopping, dining experience for family and friends that visit our complex. and introducing many firsts in terms of products, high-end brands, and services not available elsewhere.

Reach 3 Roads is an open-air neighbourhood complex, designed by Arcop Associates, which offers an array of essential services like co-working, utilities, beauty and fitness, cafes, groceries, among others. In today’s times, health and hygiene is the most important aspect and our centre is fully equipped with the best sanitisation and safety measures. It is strongly positioned to cater to the emerging residential market of Sector 70, and the already existing residential belt of Southern Peripheral Road, Golf Course Extension Road & Sohna Road. Situated in a high-density residential zone and very well connected from all parts of Gurgaon (NH8 & Subhash Chowk etc.), the centre hosts service-focused retail units to cater to the local communities’ everyday needs.

Based in Gurugram, Reach Pro Group has a team of 50+ professionals who are experts in architectural designs, quality construction & timely delivery. Moreover, the group has other real estate projects embellishing the key sites in Gurugram, like AIRIA by Reach and Lake Shore, Reach Commercial, Reach My Towers. With its unique offerings distinguishing it from its competitors, the Reach Pro Group is well poised to be the powerhouse brand in the Real Estate space.

Business, News

DHL Express India to deliver the joy of Rakhi to customers across the globe, through exclusive festive offer

Jul 24, 2021 by Rekha Nair 0 Comments #DHL Express India, #Sales and Marketing, #Sandeep Juneja, #Vice President

Mumbai: DHL Express, the world’s leading international express service provider, is spreading the festive cheer beyond borders with an exclusive offer for its customers. DHL Express India has rolled out its Rakhi festive offer to ensure that customers can surprise their family and friends living overseas with Rakhi & gifts to celebrate the occasion.

Starting 26th July, customers can avail a minimum discount of 50% on international Rakhi and gift shipments. The discount can be availed across the 654 DHL service points in the country to ship international rakhi and gifts weighing 0.5 Kg to 2.5 Kg and 5 Kg, 10 Kg, 15 Kg and 20 Kg. Customers can use the special discount to send gifts such as sweets, snacks and more to their loved ones living in other countries. The offer is valid till 23rd August 2021.

“The pandemic has led to an increase in virtual interactions. The festive offer is our way of adding a little physical touch in connecting our customers with their loved ones, beyond borders. We understand that gifting is an integral part of Rakhi celebrations, and we aim to be the team behind our customers to make their celebration special. Through this endeavor, DHL Express India wants to continue to provide seamless services at great prices which is in line with our value proposition,” said Sandeep Juneja, Vice President, Sales and Marketing, DHL Express India.

The offer has been introduced to cater to the typical rise in gifting during this season. It also keeps in mind the significant number of Indians who stay abroad. Customers can leverage DHL Express’ access to 220 countries and territories to send their token of good wishes to family and friends. The offer also comes with an assurance of complete shipment visibility through proactive updates via SMS and email in order to ensure hassle free deliveries across the world.

To enquire about this offer, customers can call our Toll Free number 1800 11 1345.

Business, News

Atul Auto partners with CSC Grameen eStore

Jul 22, 2021 by Rekha Nair 0 Comments #and Marketing, #Atul Auto Ltd, #Director, #Mr. Niraj Chandra, #Mr. Pushkar Sinha, #Sales, #Vice President

Bengaluru: Atul Auto Ltd, is the first amongst leading 3 wheeler OEMs to partner with CSC Grameen eStore, an e-commerce initiative by CSC eGovernance Services India Ltd to promote digital ordering and delivery in rural areas. As a part of the partnership, the automaker’s product range will be listed on CSC Grameen eStore and made available to potential customers in hinterlands and deep rural areas through aspirational VLEs (village level entrepreneurs).

The joint digital launch was done by Dr. Dinesh Tyagi, MD-CSC SPV, Shri Raja Kishore, COO – CSC Grameen eStore, Mr. Niraj Chandra, Director, Atul Auto Ltd, and Mr. Pushkar Sinha, VP Sales, and Marketing, Atul Auto Ltd.

Speaking on the occasion, Mr. Niraj Chandra, Director, Atul Auto Ltd, said, “Atul Auto Ltd has developed a robust process to generate demand for its wide range of three-wheeled products through VLEs who will help list the products on CSC Grameen eStores. The VLEs will further promote, generate inquiries, and facilitate the sale to end customers in rural areas through the support of the nearest Atul Auto authorized dealerships.”

Mr. Pushkar Sinha, Vice President, Sales, and Marketing, Atul Auto Ltd, said, “There are more than 5000 Tehsils and Talukas in the country and marketing our wide product range of CNG, LPG, Diesel and electric three-wheelers through the CSC Grameen eStore network of VLE’s presents an exciting opportunity to reach untapped markets. It is also a win-win situation for the VLE’s who have been mapped with our vast network of more than 500 touch points across 22 states.”

Business, News

Lionsgate Play partners with OnePlus to bring curated global content to OnePlus TVs…

Jul 16, 2021 by Rekha Nair 0 Comments #Chief Strategy Officer and Head of India Sales at OnePlus India, #Mr. Amit Dhanuka - Executive Vice President at Lionsgate, #Mr. Navnit Nakra, #Vice President

Hyderabad, India: Fastest growing streaming platform, Lionsgate Play announced a distribution partnership with OnePlus, leading global technology company today. The new-found collaboration will offer access to the extensive, global content library of Lionsgate Play for OnePlus TV users. It is also set to strengthen Lionsgate Play’s user base by enabling an incredible content viewing experience on OnePlus TV’s large, premium screens.

With the diverse content catalogue from Lionsgate Play now available on all OnePlus TVs, including the newly launched OnePlus TV U1S, users will be able to enjoy an enhanced viewing experience with rich content. Lionsgate Play will be easily accessible on OxygenPlay, the content discovery platform of OnePlus TV, thus allowing users to easily access an assortment of content from various content partners. Lionsgate Play is known for its bespoke content including academy award winning movies, box office hits and local titles. In addition to this global content, OnePlus users can also access extensive content available in six different languages – Hindi, Tamil, Telugu, Marathi, Kannada and Bhojpuri.

Addressing the partnership Mr. Amit Dhanuka – Executive Vice President at Lionsgate says “To penetrate deeper integration of our offerings, we saw this as a great opportunity to associate with OnePlus. We are big believers of the large screen format as it is the best place to watch premium content and adds richness to the experience. This partnership will strengthen our audience base and provide a great viewing experience. We have seen a tremendous response to the service launch in India as people are loving the content and the experience. Few titles that are breaking all consumption records on our platform are Hunter Killer, Angel Has Fallen, Normal People, The Girlfriend Experience, John Wick 3, Love Island among others. We are also seeing deeper penetration by means of dubbed languages and have takers in Tier 2 cities plus as well. It only makes sense to make the service available at as many touch points as possible to ensure people are able to access us from their favorite devices.”

Marking the partnership, Mr. Navnit Nakra, Vice President, Chief Strategy Officer and Head of India Sales at OnePlus India shared, “With the OnePlus smart TV portfolio, our focus is to provide an unparalleled and immersive smart TV experience to our community. The partnership with Lionsgate Play will provide our OnePlus TV users access to exclusive content curated from all over the world across genres and languages thus further elevating their content viewing experience.”

News

India’s First-Children Covid Protection Kit- Free Distribution Of Kits To Underprivileged Children

Jul 6, 2021 by Rekha Nair 0 Comments #Chairperson, #Devir Singh Bhandari, #DSB Foundation, #Filmmaker & Author Yuva Bharat, #Isha Bhandari, #Vice President

New Delhi: DSB Foundation takes the lead in becoming India’s Firstfoundation to initiate the campaign-IT’S TIME TO PROTECT THE CHILDREN OF OUR COUNTRY-CHILDREN COVID PROTECTION KIT is being distributed free to the underprivileged children of our country. An initiative by Devir Singh Bhandari, Filmmaker & Author Yuva Bharat, also the Vice President of the DSB Foundation.

Devir Bhandari states “Children seem to be less susceptible to the coronavirus, but they aren’t immune. It is unlikely that any future wave of Covid-19 by the prevailing variants of coronavirus will disproportionately affect children, but as they say Prevention is better than Cure and we cannot risk the lives of our country’s children.”

The campaign has been supported by Dettol, Dabur, Blossom Kochhar Group of Companies, Klover Healthcare, Kewal Care, India Law Offices, Hallo9x Foundation, Sewa Bharti Organisation.

Isha Bhandari, Chairperson of the foundation states,”DSB Foundation is bringing trustworthy guidance to parents, caregivers and educators, and partnering with front-line responders to ensure they have the information and resources they need to keep children safe, healthy and learning. We have also partnered with Department of Social Policy & Intervention, University of Oxford, UK & COVID 19 Parenting Organisation , UK to disseminate the resources and ideas to support parents and projects that will engage children in understanding the coronavirus, the challenges it brings to their world and what can be done to protect them.”

In the first phase 1000 kits are being distributed in ten locations across Delhi in the month of July.The kits have safety items like masks, sanitizers, water bottles, hair clips for girls, juices etc. Paediatrics are also supporting the campaign and educating the children as well as their parents. The Foundation has made a profound impact on the lives of the underprivileged children during COVID-19. Numerous donation drives to distribute food have been conducted.The Foundation has received colossal appreciation for their projects on Road Safety , Environment, COVID Support and International Campaigns. All projects of the foundation are aligned with UN SDG 2030.

Business World, News

3 Roads by Reach Pro Group Reinventing Work and Leisure in the Cyber City of India Key Highlights

May 24, 2021 by Rekha Nair 0 Comments #Nandini Taneja, #Reach Pro Group, #Vice President

Gurugram: The 2nd wave of COVID-19 pandemic and continued lockdowns have impacted the growth of the real estate sector, especially in the retail domain. Even though several businesses are operating aggressively using digitized channels, many still are in a fix and trying vigorously to make their online presence. Besides retail therapy, people still prefer to go to a designated office premise for better collaboration and work enhancement. Amidst the ongoing pandemic, tenants or walk-in customers require an open space to mix work with leisure and be safe at the same time and 3 Roads brings to its esteemed customer just that – an open-air experience.

On the changing market trends, Nandini Taneja, Vice President, Reach Pro Group, talks about how 3 Roads is in line with what the people want, “Now, creative thinking from the industry about public space will define which retail spaces thrive and which will go away, Retail centres with a distributed network of public spaces

– pocket parks, for example, where customers can comfortably sip their coffee, even catch up with friends, while waiting their turn — six feet apart — to browse inside their favourite store – will thrive. At Reach Pro Group, we believe that we are on-point with the prediction of what the world will need in the commercial real estate sector, with our 3 Roads property in Gurugram.”

About 3 Roads by Reach Pro Group

Reach 3 Roads is an open-air neighbourhood complex, designed by Arcop Associates, which offers an array of essential services like groceries, utilities, beauty and fitness, cafes, co-working, among others. In today’s times, health and hygiene is the most important aspect and our centre is fully equipped with the best sanitisation and safety measures. It is strongly positioned to cater to the emerging residential market of Sector 70, and the already existing residential belt of Southern Peripheral Road, Golf Course Extension Road & Sohna Road. Situated in a high-density residential zone and very well connected from all parts of Gurgaon (NH8 & Subhash Chowk etc.), the centre hosts service-focused retail units to cater to the local communities’ everyday needs.

Key Highlights of the Property

• Spread over approx. 2.5 acres

• Located at cross junction of three roads (84 mtr., 24 mtr. and 8 mtr.) in Sector-70, Gurugram

• Low Maintenance Model

• An eclectic mix of retail shops, showrooms, restaurants, and entertainment zones

• High-quality outdoor sun shades, canopies & water misting systems for the pleasant open-air shopping experience

• Drive-thru dining soon to open

• Co-working spaces adjacent to the retail environment for fun and leisure in the middle of the day

3 Roads: Features and Amenities

• Over 65% of the Retail Development is dedicated to essential services providers like grocery, pharmacy, stationery, home, and gifting, banks, footwear, and much more.

• Equipped with 100% Emergency Power Backup

• Drive through Café dining

• Lush green landscaping and exclusive water bodies for people to enjoy in a soothing environment

• Two-levels of basement car parking along with surface parking totalling 300 cars

• Well zoned and planned retail area with a focus on utilities, healthcare, impulse and essential shopping.

• Escalators and Cross bridges across all levels for faster movement and easy accessibility.

Business World, News

Myntra provides ‘COVID Relief’ measures to help marketplace brand partners tide through the trying times

May 19, 2021 by Rekha Nair 0 Comments #marketplace, #Myntra, #Omni & International Brands Business, #Rajesh Narkar, #Vice President

Bengaluru:Myntra, India’s leading destination for fashion and lifestyle, has rolled out a slew of supportive measures, to help the platform’s marketplace brand partners traverse the difficult times. It has pledged to absorb COVID19 related medical expenses, followed by offering structural relaxations on the operations front, such as the extension of timeframes on various commitments and waiver of fees among others, for the benefit of the brand partners.

With safety, health and wellbeing taking precedence over all else, Myntra is offering all its 2000 marketplace brand partners a special COVID insurance, with a coverage of up to INR 300,000. In addition to this, Myntra is also reimbursing COVID vaccination costs for the partners and two of their family members.

Apart from offering the above medical benefits, Myntra is extending operational support to the brand partners, such as relaxing order fulfilment turnaround time (customer order to arrival at logistics centre/station) from 24 hours to 48 hours. Seller Protection Fund (SPF), the window within which the sellers make claims against returned products has been extended from 14 to 45 days. Myntra has also waived all order cancellation charges for the brand partners, for the months of April and May and an extension of this waiver will be considered based on the situation on the ground.

Speaking on the announcement, Rajesh Narkar, Vice President, Marketplace, Omni & International Brands Business, Myntra said, “At Myntra, we consider it our responsibility to work towards sustaining and strengthening the ecosystem for the benefit of all. The objective of rolling out these special initiatives is to extend support to our brand partners to continue to run their operations smoothly. Our measures are in the interest of both, the health of their organizations as well as of the people who run the organizations, by adding a layer of immunity against any possible systemic effects that could result from the pandemic.”

Myntra has set out to vaccinate its frontline staff including the delivery workforce free of cost at its office premises, apart from its own employees and has also extended home care support, including teleconsultations, diagnostic and pharmacy support, to third-party employees as well.

Business World, News

Transasia Bio-Medicals’ largest IVD manufacturing facility of its kind in Asia at AMTZ, inaugurated…

Apr 9, 2021 by Rekha Nair 0 Comments #Dr. Jitendra Sharma, #Dr. Manoj Chugh, #Founder & Chairman, #MD &CEO of AMTZ, #R&D Reagents, #Suresh Vazirani, #Transasia Bio-Medicals Ltd., #Transasia-Erba International Group of Companies, #Vice President

Vizag: Transasia Bio-Medicals Ltd., India’s No. 1 In-vitro Diagnostic Companytoday announced the formal inauguration of its state-of-the-art medical devices manufacturing plant at the Andhra Pradesh MedTech Zone (AMTZ) in Visakhapatnam. The largest of its kind facility in Asia spread over 35000 sft. will manufacture ErbaLisa COVID-19 IgG ELISA test kits, RT-PCR kits and rapid test kits for India and other emerging markets. The new facility was virtually inaugurated today byShri MekapatiGoutham Reddy, Hon’ble Minister for Industries, Commerce& IT, Andhra Pradesh;Dr. PDVaghela, Chairperson, Telecommunications Regulatory Authority of India (TRAI)and Dr. ArabindaMitra, Scientific Secretaryto Principal Scientific Adviser,Govt. of India; Sri R. KarikalValaven, Special Chief Secretary to Government, Industries & Commercein the presence of Dr. Jitendra Sharma, MD &CEO, AMTZ,Suresh Vazirani, Founder&Chairman,Transasia-ErbaInternational Groupof Companies and Dr. Manoj Chugh, Vice President, R&D Reagents, Transasia Bio-Medicals Ltd.Transasia’s5thmanufacturing facility in India besides plants in Baddi, Daman, Sikkim and Mumbai, the new facility entailed initial investment of over 30crore. Truly integrated, the facility with an annual capacity of 2 million Molecular & Serology test kits has face recognition system, cold room, storage area,clean rooms of BSL-II/BSL-III grade, large lyophilizers, protein purification equipment, advanced QC equipment and automated machines. The facility will significantly reduce India’s current import dependence for such testing kits.

In his comments, Suresh Vazirani, Founder & Chairman, Transasia-Erba International Group of Companies, said,“We are truly delighted to partner AMTZ under the visionary leadership of Dr. Jitendra Sharma, in contributing our bit to realize the dream of making Indiaatmanirbhar and a global export hub for IVD products and solutions. With world class infrastructure for manufacturing, testing and certification of medical devices available in the park, the facility would play a key role in import substitution of medical devices. The new facility reinforces Transasia’s track record of enabling better healthcare outcomes for over 40 years by offering total solutions for clinical diagnosis.”

“We are pleased that Transasia chose AMTZ to set up Asia’s largest IVD manufacturing facility. It gives me further pleasurebeing there for the inauguration of Transasia’s world-class IVD manufacturing facility. Addition of this facility further enhances AMTZ appeal as an ecosystem with huge upsides for industry players. Wholeheartedly congratulate Mr. Vazirani and the Transasia team for thisworldclass facility,” added Dr. Jitendra Sharma, MD &CEO of AMTZ.

In his comments, Dr. Manoj Chugh, Vice President, R&D Reagents, Transasia Bio-Medicals Ltd., said, “Several new offerings are on the anvilas we step up to meet the diagnostic needs of doctors and patients. The plant will have the flexibility to scale up manufacturing capabilities on demand, while driving greater operational efficiency.”

Operations will start immediately at this new plant with product roll outs expected in early September. The new facility has the capacity to produce 6 lakh Elisa-based antibody detection test kits per day besides RT-PCR and rapid test kits.To address the growing need for serological tests as disease prevention spurred by greater awareness of infectious diseases due to covid-19, this facility will manufacture testing kits for other immunology products as well. To meet the growing demand, Transasia will significantly invest in R&D and manpower at the facility for its immunology products with total hiring estimated at 500 employees as of now.