Author: Sutun Nayak

Rajkot (Gujarat) [India], November 20: Captain Polyplast Limited (CPL, BSE: 536974), is one of the leading manufacturer and exporter of micro irrigation solutions, and has diversified its operations into the burgeoning solar EPC, has received an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply of 300 Standalone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) under the PM Kusum B Scheme.

The order valued at ₹8.17 Cr (including GST) marks a significant step for the company under the “Magel Tyala Saur Krushi Pump” Yojana, involving the supply and installation of 300 off-grid solar water pumping systems within 60 days. This order is in addition to the earlier order of 200 off-grid solar water pumping systems received at the time of empanelment. The order is set to support the company’s growth momentum and contribute positively to its long-term business outlook.

Commenting on the new order for solar pumps Mr. Ritesh Khichadia, a Whole Time Director of Captain Polyplast Limited said, “We had got empanelled with MSEDCL last quarter with initial order for 200 pumps. The additional order for 300 pumps highlights our execution capabilities in the solar pumps segment. With the PM Kusum scheme driving large-scale adoption of clean irrigation technologies, we see significant opportunities ahead. This order fits well with our long-term strategy of expanding in sustainable solutions, and we are confident that it will contribute meaningfully to our growth momentum and future outlook.”

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Tressa Doors unveils its latest range of premium doors.

New Delhi [India], November 18: Tressa Doors, owned by Badgujar and Lamba LLP, has recently launched its latest range of premium, engineered wooden, and designer doors to match modern-day spaces. These doors offer long-term reliability and durability with an emphasis on modern-day aesthetics, making them an ideal choice for homes, interior designers, and architects.

These doors stand apart because of the high-quality and premium materials used in its making that ensure that they withstand daily use, wear and tear, and scratches while retaining their strength for years. The durability of these doors is easily proven because it is backed by a 12-year warranty, which gives anyone buying the doors complete peace of mind.

Customers can order custom made wooden doors Pan-India on a free delivery basis regardless of the ordered quantum or volume. Customers can leverage the option of availing preferred color, size or design of the wooden doors.

Other features include weather resistance, making it ideal to even install in bathrooms, weather-resistance makes it an ideal choice for outdoor spaces or lounges, and warp-free construction makes it a great choice for places where people are more frequent. From bedrooms to living and main entrances, these wooden doors can cover every space of the house.

These doors also come with advanced termite-proof technology, emphasizing their long-lasting nature and providing protection against common wooden door issues. This feature alone is making buyers go for it because wood is the most common breeding ground for such insects that slowly spread to the different parts of the house. Tressa Doors has not compromised on the visual appeal by focusing on other features, and every potential buyer gets a custom-made option for their home to match the aesthetics of the space.

As the company is functioning and operating in India, the doors are even made keeping the constant weather changes and conditions in consideration. These doors can easily withstand extreme weather conditions, ranging from high humidity and harsh winter days, making it ideal to be installed at the entrance of the home.

Businesses across India can apply for Tressa Doors dealership to be eligible for exclusive wholesale rates along with priority dispatch as well as marketing support. Additionally, it comes with an access to complete designer door range.

Tressa Doors operate through an integrated manufacturing plant spanning over 2 Acres area equipped with advanced imported machinery, enabling the handling of every stage of production comprehensively in-house. It enables delivery of superior quality as well as faster production & complete customization.

When asked about the launch of these premium engineered doors, one of the representatives from the company said, “We introduced the concept of ‘Customize Your Door Your Way’ to give people a chance to premium doors that not only offer durability but also complement one’s interior designs and blend perfectly with the exteriors.

Not just the homeowners are reaching out to us, but even designers and architectures are coming to us with their unique ideas of doors. At this point, we are elated to cater to everyone’s diverse needs and wish to continue our service.” With a stronger foundation as weas apt technical expertise in plywood manufacturing, Tressa delivers doors & plywood that offers optimal strength & stability, ensuring long-term durability.

Badgujar and Lamba LLP has already been a known name in the Indian interior space, and with the launch of Tressa Doors, they are expanding their services and helping customers get access to better doors. They are focused on providing quality, merged with aesthetics in order to ensure optimal customer satisfaction.

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New Delhi [India], November 19: AMIC Forging Limited, one of India’s leading manufacturers of open forgings, has delivered a strong H1 FY2026 performance driven by focused execution in specialised forging. Revenue grew 4.57% YoY to ₹6658.04 Lakhs, but the standout metric was profitability. EBITDA surged 53.61% YoY to ₹1822.85 Lakhs, expanding margins to an impressive 27.38%. With its capex program now nearing completion despite minor weather delays, the company is gearing up for its next phase of accelerated growth.

AMIC’s Director, Mr Anshul Chamaria, highlighted, “We have made significant investments in machinery, people, and technical know-how. We have worked diligently to obtain critical industry approvals that enable us to manufacture complex and high-precision engineering products. There was an unavoidable delay in the capex going live commercially due to unprecedented rainfall in West Bengal, which disrupted foundation and civil work. With the capex now nearing completion and the essential approvals in place, AMIC Forging Limited is well-positioned for the next phase of growth.”

AMIC also achieved two significant milestones this year. It received Boiler Steel Approval for FY 2025–26, reinforcing the quality of its products and supporting higher value realisation. Additionally, the company entered into a strategic supply agreement with Prime Metal, a joint venture of Mitsubishi Heavy Industries, further validating AMIC’s capabilities in high-precision forging and opening new opportunities in premium segments.

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New Delhi [India], November 19: The National Institute of Technology (NIT) Kurukshetra proudly announced the launch of its first institutional e-magazine, HORIZON, marking a historic step toward strengthening alumni engagement, documenting campus activities, and celebrating the institute’s academic and cultural vibrancy.

The inaugural edition has been released under the leadership of Prof. B. V. Ramana Reddy, Director, NIT Kurukshetra, whose vision for enhanced alumni-student-faculty collaboration forms the foundation of this initiative. He emphasized the importance of unified growth and lauded the efforts of the entire team in bringing this publication to life.

The initiative also received valuable support from Prof. Pratibha Agarwal, Dean (Students Welfare), who continues to encourage student-centric activities, alumni interactions, and holistic growth across the campus.

At the core of HORIZON lies the exceptional mentorship of Prof. Dixit Garg (Head, Mechanical Engineering; Robotics & Industrial Engineering; Associate Dean, Alumni Affairs; Former Dean Students Welfare) and Dr. Roger Kumar (Alumnus 1981–86, Member Alumni Endowment Board, Managing Director CASE Group, International President – World Human Rights Protection Commission, New York).

Both mentors played a defining role in conceptualizing the magazine, guiding its structure, supporting student contributors, and shaping it into an institute-wide platform. Their leadership has been instrumental in transforming HORIZON from an idea into a well-organized publication representing the NIT Kurukshetra community.

Speaking about the launch, “As an alumnus of NIT Kurukshetra, I’ve always believed in the power of a unified alumni-student-faculty platform. The launch of HORIZON is a meaningful step in that direction, highlighting the achievements and spirit of our community. And this is just the beginning- an exclusive alumni portal and several engagement-driven initiatives are already underway. It’s wonderful to see this vision taking shape” , said Dr. Roger Kumar.

The editorial section of the magazine has been thoughtfully curated by a dedicated student team led by Editor Maithili, supported by Co-Editors Sarthak Gupta, Priya, Nikki, Samantha Boda, Manika Prakash, and Manya. Their meticulous efforts, coordination, and creative vision form the foundation of this inaugural edition.

The publication was further enriched through the involvement of faculty advisors Dr. Ravi Pratap Singh, Dr. Ranjeet Kumar, and Dr. Anshu Parashar, along with Team Coordinators Anjali Taneja, Anu Rattewal, and Meenakshi. Their contributions ensured accuracy, quality, and alignment with the institute’s objectives.

The first edition of HORIZON features a diverse collection of content, including Messages from Institutional Leadership, Know Your Alumni, Faculty Spotlights, Wednesday Colloquium sessions, coverage of the Thought Lab initiative, student achievements, major campus events, highlights from the AM³–2025 International Conference, and celebrations from CONFLUENCE 2025 and TECHSPARDHA.

Published as a monthly digital initiative, HORIZON aims to strengthen NIT Kurukshetra’s global alumni network, celebrate its vibrant student community, and showcase the academic, cultural, and technical accomplishments that define the institute.

HORIZON: https://nitkkr.ac.in/wp-content/uploads/2025/11/Through-1.pdf

For more information, please visit: https://nitkkr.ac.in/

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Ahmedabad (Gujarat) [India], November 19: Praveg Limited, India’s leading eco-responsible luxury resorts company, announced that it has received the Letter of Award (LoA) on November 18, 2025, for the development, operation and management of a new resort project at Dhordo, Kutch, Gujarat.

The project entails the development of 46 rooms/keys (luxury tents) and 42 dormitories (total capacity of 252 beds), equivalent to 126 standard rooms, thereby further strengthening the Company’s hospitality footprint in Dhordo. This award is in addition to the existing 30 Bhungas currently operated by Praveg Limited at the location under a 5-year agreement.

The project has been granted a concession period of 35 (thirty-five) years, providing significant long-term visibility for business growth and value creation. The Company anticipates robust performance from the upcoming resort, with Expected Average Room Rate (ARR) ranging between INR 12,000 and INR 15,000 per night for Rooms and INR 2,500 to INR 3,500 per bed for Dormitories, supported by an expected occupancy rate of 55% to 60%, driven by rising tourist demand and strong seasonal inflows during the Rann Utsav.

This development is expected to deliver substantial strategic and economic advantages, including strengthening Praveg’s presence at a globally recognized tourism destination, significantly augmenting accommodation capacity for domestic and international travelers, and generating long-term financial value through an asset-light concession model. The project is also likely to stimulate socio-economic growth by creating employment opportunities and supporting regional tourism infrastructure, while upholding Praveg’s commitment to environmentally conscious development and low-impact hospitality solutions.

Speaking on the occasion, Dr. CA Vishnu Patel, Chairman of Praveg Limited, said, “We are delighted to receive the Letter of Award for development and operations at Dhordo, a destination of global tourism significance. This award reinforces our expansion strategy and strengthens our presence in Kutch. We are confident that the project will create an exceptional hospitality experience, support regional tourism and generate long-term value for all stakeholders.”

The addition of this resort marks a significant milestone in Praveg’s continued growth in the eco-responsible hospitality sector and is expected to further enhance the Company’s portfolio of premium luxury properties across India. This development reflects Praveg’s mission to deliver unique, sustainable and culturally rooted travel experiences while contributing to the preservation and economic advancement of high-potential tourism destinations.

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Mr Christian Calusa, Founder & CEO of NEO, and Mr Tarun Bhatia, Vice Chairman of NAR India, seal the MoU with a handshake at NAR NXT Houston.

New Delhi [India], November 19: The National Association of Realtors (NAR-India) has formalised a new partnership with New Estate Only (NEO) during NAR NXT Houston. This agreement opens direct access for NAR India members to one of the largest and fastest-growing segments in the U.S. real estate market—new-construction homes, which account for more than 33% of U.S. residential sales.

Highlights:

• Complimentary NEO access for all NAR India members
• Direct visibility into U.S. new-construction inventory
• Training, webinars, and multilingual tools to support cross-border business

NEO is a dedicated platform that brings developers and realtors together for pre-construction and under-construction projects across the United States. The platform combines updated project information, intuitive navigation, and a visual layout that helps realtors, buyers, and investors discover relevant opportunities efficiently. It also enables realtors to showcase full U.S. new-construction inventories on their own websites in multiple languages, increasing client engagement. Since its launch with the Miami Association in 2021, NEO has become the most widely used new-construction platform in Florida and Texas and is now expanding across the rest of the U.S. NAR. We have recognised the platform for two consecutive years under the REACH program and currently support over 30 realtor associations worldwide.

Through this partnership, every NAR India member will receive complimentary access to NEO—valued at approximately USD 120 per year. Offered at no cost, this benefit gives NAR India members access to educational webinars on U.S. real estate and new-construction sales, detailed market reports, and future opportunities to build international business connections. With Hindi and other languages being added, Indian realtors will have easier access to U.S. markets backed by multilingual visibility and enhanced marketing tools.

Commenting on the partnership, Sumanth Reddy, Chairman, NAR India, said,

 “NEO gives our members a direct path into a major global market. This partnership strengthens our international reach and supports realtors who want to take their business beyond India.”

Tarun Bhatia, Vice Chairman, NAR India, said,

 “Our focus is on building meaningful international connections. NEO brings structured data, updated project inventory, and a practical system that helps Indian realtors engage with U.S. developers effectively.”

Amit Chopra, President, NAR India, said,

 “We aim to deliver high-value benefits to every member. By sponsoring NEO for all NAR India members, we are ensuring equal access to global opportunities and empowering our community with the right tools.”

NAR India encourages its members to explore NEO and take full advantage of the access, training, and international exposure unlocked through this partnership.

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Mumbai (Maharashtra) [India], November 19: Anex Advisory has introduced a revised and strengthened Development Management (DM) and Project Management Advisory (PMA) model designed specifically for housing societies undertaking redevelopment. This integrated framework positions Anex as a pioneer in structured, end-to-end redevelopment advisory across the MMR.

Backed by its deep experience across Mumbai’s redevelopment ecosystem, Anex Advisory’s model addresses the core challenges societies struggle with: achieving enough feasibility on technical and financial parameters which would satisfy the needs of the members while also meeting margin requirements of the developers, securing approvals under the appropriate schemes, selection of the right development partner, clarity on financing aspects pre and post approvals being obtained, and seamless execution within the stipulated timelines. Instead of relying on fragmented consultants and scattered responsibilities, the DM + PMA model brings everything under one roof—delivering unified governance, technical clarity, and commercial discipline throughout the project lifecycle.

Speaking about the new offering, Sanjay Daga, Founder & CEO, Anex Advisory, said:  “Society-led redevelopment in MMR has needed stronger, more accountable advisory systems. Having worked as a CXO with reputed developers, I’ve seen how technical feasibility, security mechanisms, and commercial alignment determine a project’s fate, and oversight of even one of these aspects can be fatal. Societies, therefore, require a unified advisory partner who ensures clarity at every stage. Our model is built exactly for that.”

Through this enhanced structure, Anex Advisory becomes the central decision partner for all critical aspects of redevelopment, including even the most minor tasks. Societies benefit from and are then subject to investor-grade governance that ensures long-term accountability while comfortably protecting member interests. It allows members to be in a comfortable space and avoid making tough decisions on super-technical and financial subjects that might not be their forte.

A key innovation in the offering is Anex’s Society-Based DM + PMA framework, designed for societies with low viability or uncertain project feasibility. Rather than accepting limited offers or compromising on safeguards, societies can now partner with leading DM firms through Anex to access stronger financial mechanisms, transparent processes, and better control over their redevelopment outcomes.

With its PMA-led Development Management model, Anex Advisory is reshaping how redevelopment is planned, governed, and executed across MMR—with transparency, accountability, and financial prudence at the centre of every step.

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