Author: Sutun Nayak

  • India: The Next Big Manufacturing Superpower

    India: The Next Big Manufacturing Superpower

    New Delhi [India], February 25: India has transformed itself in the last 10 years – from being the 5th Largest Economy, having the highest population & having the 2nd Largest Road Network in the World. In the Wake of Escalating Trade Wars between United States & its largest trading Partners – China, Mexico & Canada. Does India have a chance to become the Next Big Manufacturing Superpower? Answer is yes.

    India is a large country by sheer size with abundant availability of land to set up Manufacturing plants.
    It has the highest population in the World, a very large young population that is entering work force, making the cost of labor low as compared to most of the major countries. Government is pushing its narrative of “Make in India” Strategy. Moreover, India has launched a “Production Linked Incentive” or “PLI” Scheme in the last few years to Incentivize factories to increase manufacturing & become more competitive in the Export market. In the latest Budget 2025, India’s Finance Minister Laid Out Initiatives to Increase Funding to the Medium & Small-Scale industries, along with a Boost in spending for Infrastructure – Beneficial to Boost Overall Exports.

    Indian Government is making efforts to Improve its Infrastructure for Logistics. India has now the 2nd Largest Road Network in the World, only after USA, which is a significant improvement in the last decade. It has launched a detailed “Logistics Policy” to modernize Ports & Railway. With the Modernization of Infrastructure, India aims to reduce Logistics Costs from the current 14-18% of GDP to come closer to the Global Average of 8%, making it more attractive in the Export Market.

    Intensifying USA Trade War with China, Mexico, Canada

    With the Trade War intensifying between USA – China, Mexico, Canada – India has now a clear advantage. All US Importers are now looking at Diversifying their Supply chain & reducing their dependence on these countries, while looking to enter New Markets like – India, Vietnam, Thailand, among others.

    India has a definite advantage over others. With its manpower, land & Infrastructure, India can help match the Scale of operations needed to Produce & Export to Countries like US & major EU countries. It also offers an Excellent Infrastructure like a Long Coastline, Deep Sea ports, Growing Number of Airports, Improved Road network & Modernization of Rail Network.

    What are the Commodities that India can focus on?

    • Automobiles, engines, transmissions and other components. GM & a few other Automobile companies including Stellantis, Toyota & Honda make as much as 40% of their North American cars / Trucks in Canada & Mexico.
    • Mobile Phones: China today is the biggest Source of Electronics /Smart Phones Imports into USA. However, the Smartphone Manufacturing in India is growing Rapidly. In 2024, Apple i-Phones manufactured in India accounted for 15% of Apple’s global production capacity.  India is now the 2nd -largest mobile phone manufacturer globally, with over 200 manufacturing facilities.
    • Semi-Conductor/Chips: Several Makers of Chips and Semi-conductor companies like TSMC, Nvidia & ASML are likely to be impacted due to their Global Supply chains include factories in Mexico and China. India has a vision to Grow Semiconductor & has recently launched ‘India Semiconductor Mission (ISM)’ to boost manufacturing.

    To summarize, for India, the Time is Now! India’s Story can be similar to what China’s was in the 1990-2010 decades. If India continues its efforts on improving its Manufacturing Ecosystem & reducing Bureaucracies & Roadblocks, then becoming the Next Big Superpower of Manufacturing will soon be a Reality, rather than just a dream.

    About Author

    Contributed by Sanyukta Kulkarni

    Sanyukta Kulkarni, is a Senior Route Development Manager for Indian Subcontinent, based in USA. She has been working in the International Logistics Industry the last 18 years across India & USA. For the last 10 years, her Focus has been Building the Trade Corridor between India & USA and to Improve the Business Growth between India & USA Trade Corridor with DB Schenker.

    LinkedIN Profile: (1) Sanyukta Kulkarni | LinkedIn

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  • Megha Singh Nandiwal: A Leader at the Intersection of Strategy, Innovation, and Impact

    Megha Singh Nandiwal: A Leader at the Intersection of Strategy, Innovation, and Impact

    Hyderabad (Telangana) [India], February 24: Megha Singh Nandiwal is a force to be reckoned with in the world of business and technology. As the Vice President of Strategic Operations at Foundation AI, a global startup member of the prestigious Global Startup Club, and the National Vice President at the World Human Rights Protection Commission, Megha has forged a career that blends strategic leadership, innovation, and a deep commitment to making a positive impact on society.

    With a wealth of experience from working at industry giants like Infosys, Cars24, and Vamstar, Megha’s career has been a journey of continuous growth and accomplishment. From driving strategic operations at Foundation AI to advocating for human rights on a national platform, Megha’s professional journey is a validation to her versatility, determination, and passion for building something meaningful.

    “Building and scaling something that can make a difference in the world is what drives me every day,” Megha shares when discussing her work at Foundation AI. “I’m constantly thinking about how to create environments that not only foster innovation but also ensure that innovation is aligned with values and purpose.” For Megha, strategic operations are more than just processes—they are about laying the groundwork for solutions that have a tangible, long-lasting impact.

    Her role at Foundation AI involves overseeing critical operations that allow the company to push the boundaries of what’s possible. But Megha’s influence stretches far beyond the walls of any single organization. As a global charter member of the Global Startup Club, she’s constantly engaging with a network of innovators, thought leaders, and entrepreneurs who share her vision for transforming industries and societies through technology and collaboration.

    Despite her high -powered roles, Megha’s work is rooted in a deep sense of responsibility. As the National Vice President at the World Human Rights Protection Commission, she champions causes related to justice, equality, and sustainability. “Being able to use my platform and skills to advocate for human rights is something I take very seriously,” she explains. “It’s about creating systems and structures that protect the most vulnerable in our society, while driving the change we need on a global scale.”

    Her diverse roles and responsibilities reflect Megha’s belief in the interconnectedness of business, innovation, a d social impact. “The work I do is all about building something sustainable—whether it’s in business or in human rights,” she notes. “True leadership is about leaving a legacy that not only changes industries but also leaves a positive imprint on society.”

    What drives Megha is not just the opportunities she’s had to lead, but the impact she can have in shaping the future. Whether discussing her work in the tech space or her advocacy for human rights, Megha enjoys sharing what she’s building. “I love talking about the projects I’m working on because I’m genuinely excited by the potential they have to change the world,” she says with enthusiasm.

    Her passion for both technology and humanity is what makes Megha a unique leader. “At the end of the day, it’s about solving problems that matter. The tech we build should always have people at its center,” she asserts. For Megha, the opportunity to bridge these worlds, and contribute to meaningful solutions, is the ultimate reward.

    With her extensive experience, diverse roles, and strong commitment to creating positive change, Megha Singh Nandiwal is a trailblazer with a smile. As she continues to lead with purpose, her journey serves as an inspiration for anyone looking to combine ambition with compassion in the pursuit of lasting impact.

    Megha, what is the one philosophy in life that has constantly inspired you?

    “Do it with passion or not at all.” Whether it’s a business decision, a cause I’m championing, a conversation I’m having, or a relationship I’m nurturing, passion is the spark that ignites real change. It’s the energy that makes everything meaningful. “My father used to say this, and I think it’s his belief that has stayed with me through every stage of my life.”

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  • Swara Group unveils major redevelopment project in Naranpura

    Swara Group unveils major redevelopment project in Naranpura

    Ahmedabad (Gujarat) [India], February 24:  Swara Group, a leading name in urban redevelopment in Ahmedabad, officially launched the hoarding of its latest and most ambitious project yet — the redevelopment of the Sakal Apartment in Naranpura. This marks a significant milestone for the company as it continues to reshape Ahmedabad’s skyline with modern and thoughtfully designed residential spaces.

    The Sakal Apartment redevelopment will transform the ageing residential complex into a premium high-rise development comprising four buildings of 12 storeys and four buildings of 13 storeys. The project ensures an upgraded lifestyle for the 246 existing residents, who will move into spacious, modern homes.

    As part of Swara Group’s commitment to enhancing living standards, 1BHK homeowners will be provided with 2BHK units, while those with 2BHK homes will be upgraded to 3BHK residences. The development will feature state-of-the-art amenities, including a clubhouse, gymnasium, garden, children’s play areas, and dedicated parking facilities, offering a holistic and enriched living experience.

    Spread over 13,300 square yards, the project is set to be one of the largest private redevelopment initiatives in Naranpura. Upon completion, it will house a total of 376 residential units. The construction is expected to be completed within three years.

    Commenting on the project, Kartik Soni, Founder and Chairman of Swara Group, said, “This project represents our vision of creating modern, well-planned residential spaces that elevate the residents’ lifestyles. We are thankful to the members of Sakal Apartment for their trust in us. It took us one and a half years to convince them for redevelopment and we are thrilled that this project is happening. Redevelopment is poised to be a significant driver of Ahmedabad’s growth as it prepares to host the Olympics in 2036 and we are committed to playing our part in transforming the city’s landscape.”

    MLA Jitu Patel (Bhagat), and actors Yash Soni and Janki Bodiwala were among the guests at the hoarding launch ceremony, which was also attended by the members of Sakal Apartment.

    Swara Group’s strategic emphasis on redevelopment projects in prime locations has set new benchmarks in the city’s real estate sector. Over the past seven years, it has successfully executed seven projects and delivered over 1,000 homes, ranging from affordable 2BHK units to luxurious 4BHK apartments, in locations such as Paldi, Usmanpura, Ambawadi, Navrangpura and Parimal.

    With five more projects nearing completion, four ongoing developments, and five more in the pipeline, Swara Group is poised to further strengthen its footprint in the city’s evolving real estate market.

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  • PS Gahlaut Hails Cabinet Approval for DAP Subsidy and Crop Insurance Overhaul

    PS Gahlaut Hails Cabinet Approval for DAP Subsidy and Crop Insurance Overhaul

    New Delhi [India], February 24: In a recent landmark decision, the Indian government approved a significant financial package aimed at supporting Di-Ammonium Phosphate (DAP) fertilizer manufacturers and revamping crop insurance schemes. PS Gahlaut, Managing Director of Indian Potash Limited (IPL), offers his insightful perspective on the implications of this policy shift, emphasizing the importance of reducing dependency on fertilizer imports and bolstering domestic production to ensure long-term sustainability. He opines, This move, which involves a hefty subsidy of ₹3,850 crore for DAP fertilizers and an extended ₹69,515 crore outlay for crop insurance until 2025-26, is a crucial intervention to stabilize the agricultural sector.”

    Dr. Gahlaut acknowledges the immediate relief these measures provide to farmers, particularly in light of rising global fertilizer prices and the increasing volatility of international markets. “The subsidies are expected to lower the cost burden on farmers, enabling them to access essential inputs more affordably. Similarly, the revamped crop insurance schemes aim to offer better risk coverage, safeguarding farmers against unpredictable weather patterns and crop failures. However, while these initiatives address short-term challenges, the need for a more strategic approach to fortify the agricultural sector against future disruptions,” says PS Gahlaut.

    One of the primary concerns Dr. Gahlaut raises is India’s heavy reliance on imported fertilizers, which accounts for over 50% of its total fertilizer needs. This dependency, particularly acute in the case of potash where nearly 90% is imported, leaves the country vulnerable to global supply chain disruptions and price fluctuations. PS Gahlaut argues, “This scenario underscores the urgent need to develop a robust indigenous fertilizer industry. He advocates for leveraging India’s substantial reserves of natural minerals, such as the phosphate rock found in Rajasthan, which remains significantly underexploited.”

    To curb these concerns, Dr. Gahlaut also highlights the importance of enhancing domestic production capabilities through targeted investments in mining and manufacturing. He points to the necessity of advancing research and development (R&D) in the fertilizer sector, which could lead to the creation of innovative, high-efficiency fertilizers tailored to the unique needs of Indian agriculture. These advancements could not only reduce the overall consumption of chemical inputs but also improve crop yields and soil health, contributing to a more sustainable agricultural ecosystem.

    Another critical element in this strategy, according to Dr. Gahlaut, is the fostering of Public-Private-Producer Partnerships. “The development of a vibrant fertilizer industry requires substantial capital investment and technological expertise. By encouraging collaborations between the government and private enterprises, the necessary infrastructure for large-scale production can be established,” opines PS Gahlaut. He also suggests that the government could incentivize this process by offering tax rebates, subsidies for R&D initiatives, and reduced costs for essential inputs like natural gas, which is a key component in fertilizer production.

    Moreover, Dr. Gahlaut underscores the environmental benefits of increasing domestic fertilizer production. Locally manufactured fertilizers would reduce the carbon footprint associated with long-distance transportation, aligning with global efforts to combat climate change. He also points to the potential for promoting organic and bio-fertilizers, which can enhance soil fertility and reduce the environmental impact of conventional farming practices.

    While concluding, he mentions, “While the Cabinet’s recent financial aid and insurance reforms are laudable steps towards supporting farmers, a long-term vision focusing on self-reliance in fertilizer production is imperative. Such a strategy would not only mitigate the risks associated with global market dependencies but also ensure the resilience and prosperity of India’s agricultural sector.”

    Disclaimer: Views expressed above are the author’s own and do not reflect the publication’s views.

  • SPARSH Hospitals Use 3Ps to Make Quality Care Accessible

    SPARSH Hospitals Use 3Ps to Make Quality Care Accessible

    Bengaluru (Karnataka) [India], February 24: SPARSH Hospitals, a leading name in Indian healthcare, has reaffirmed its position as a pioneer in medical innovation with a series of advancements aimed at improving patient outcomes and accessibility to world-class care. Known for its excellence in orthopedics and cutting-edge medical technologies, SPARSH Hospitals continues to set new benchmarks in healthcare delivery.
    SPARSH Hospitals recently inaugurated India’s first advanced on-site 3D Printing Lab at its Infantry Road facility in Bengaluru. While this technological leap has garnered significant attention, the Group has been leveraging 3Ps (Procedure-Technologies, Process and People) to make world class care affordable and accessible to all. This ethos aligns seamlessly with their mission: if a medical advancement can happen anywhere in the world, it should also be possible at SPARSH Hospitals.
    “Innovation has always been at the heart of SPARSH Hospitals’ mission to redefine healthcare in India. We firmly believe that the integration of cutting-edge technology with human expertise is the key to delivering world-class medical care. Whether it’s through pioneering advancements like robotic surgeries, 3D printing, or other transformative solutions, SPARSH is committed to staying at the forefront of healthcare innovation,” said Mr Joseph Pasangha, Group COO, SPARSH Group of Hospitals.
    “Our focus is not just on adopting new technologies but on ensuring they make a meaningful impact on patient outcomes. By personalizing care and enhancing precision, we aim to set new benchmarks in how healthcare is delivered,” added Mr Pasangha.
    By combining technology, expertise, and a patient-first approach, the Group has taken a lead in operational excellence also by putting in place a robust procurement and supply chain management.
    Mr Amit Mahajan, Group Chief Procurement & Supply Chain Officer, SPARSH Group of Hospitals said, “At SPARSH Hospitals, our commitment to operational excellence is deeply intertwined with our mission to deliver exceptional patient care. A robust and efficient supply chain ensures the seamless availability of medical and surgical supplies, equipment’s, services and resources that directly impact clinical outcomes. We have built a supply chain ecosystem that is not only agile and cost-efficient but also anticipates and adapts to the evolving needs of modern healthcare.”
    With focus on integration and centralization, digital transformation and automation in procurement & supply chain processes through Business Intelligence (BI) tools, embracing innovative technologies, and fostering strong collaboration with our supplier partners and internal customers, SPARSH Hospitals enhances operations efficiency while maintaining the uninterrupted patient care.
    By leveraging data analytics, not only it helps the Group in informed data driven decision making but also to analyze and benchmark our performance against industry standards, facilitating continuous improvements ensuring best practices are followed. Every strategic decision in procurement and supply chain management reflects the Group’s core objective to support its clinicians and staff in delivering world-class quality care to every patient who walks through its doors.
    Innovations are not limited to technology and supply chain management. It also encompasses the human element of healthcare. SPARSH Hospitals’ team of skilled professionals in Integrated Procurement, Supply Chain and Biomedical Operations function are meticulously selected to align with the Group’s vision and values
    Emphasizing the Group’s dedication to its people—both patients and employees, Ms Rekha Attavar, Group Chief People Officer at SPARSH Group of Hospitals, said, “SPARSH is not just a workplace; it’s a family. Our rigorous screening and selection processes ensure we onboard the best talent in the industry. Once part of the SPARSH family, every individual is aligned with our chairman’s vision and mission to provide exceptional care. Ultimately, it’s our people who drive our success and ensure that every patient who walks through our doors feels valued, safe, and cared for.”

    With every new initiative, the Group aims to bring world-class healthcare closer to home, making it more accessible and affordable for everyone. This vision continues to inspire and guide SPARSH Hospitals in its journey to transform healthcare in India.

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  • Dr. JC Chaudhry achieves Two Guinness World Records for Largest Trident and Most Viewed Statue Ceremony

    Dr. JC Chaudhry achieves Two Guinness World Records for Largest Trident and Most Viewed Statue Ceremony

    Dr JC Chaudhry, a renowned numerologist, educationist, and philanthropist, has once again etched India’s name in history by securing two prestigious Guinness World Records. The monumental achievements, celebrated in Vrindavan, Uttar Pradesh, were officially recognized by Guinness World Records adjudicator Swapnil Dangarikar, who presented the certificates to Dr Chaudhry.

    The two records include:

    1. The Largest Trident in the World – Towering at an awe-inspiring 187 feet, the massive trident stands as a symbol of strength and devotion, setting a new global benchmark.
    2. The Most Viewed Statue Consecration Ceremony – Witnessed by an extraordinary 10,561 devotees from across a dozen nations, including the USA, UK, Finland, Germany, Canada, the Middle East, and India, this sacred event drew an unprecedented digital participation.

    Speaking about the achievement, Dr. Chaudhry expressed gratitude, stating:
    “These records are not just personal milestones but a testament to collective devotion and perseverance. The presence of devotees from across the world made this moment truly historic.”

    Dr JC Chaudhry has earlier too won the Guinness World Record, having previously been recognized for his contributions to numerology. His relentless dedication to promoting Indian traditions, education, and numerology continues to inspire millions globally. Cultural aficionado and ambassador from Germany Meike Nicole proposed the Statue, Trident and 3 Guinness World Record to be part of the eight wonder of the world.  This monumental achievement in Vrindavan cements his legacy as a visionary leader bridging spirituality, culture, and global participation.

    This ambitious initiative, driven by Dr JC Chaudhry, is poised to become not only a testament to India’s cultural grandeur but also one of the most significant spiritual centers on the global map.

    The Grandeur of Indian Culture

    India has long been a beacon of spiritual enlightenment and cultural richness. From ancient temples to intricate sculptures, the country’s artistry and devotion have always captured the world’s imagination. This project in Vrindavan represents the next chapter in this saga, blending architectural brilliance with profound spiritual significance. The colossal Trident and meditative statue are poised to evoke the same reverence as global wonders like the Statue of Liberty and Christ the Redeemer.

    The initiative underscores India’s deep-seated connection with its spiritual roots while simultaneously embracing modern engineering marvels. It stands as a tribute to Indian culture’s ability to transcend time, retaining its essence while inspiring future generations. Eminent socio- political leaders, entrepreneurs, foreign delegates graced the occasion.

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  • Sarvajanik University Hosts 3rd Convocation Ceremony

    Sarvajanik University Hosts 3rd Convocation Ceremony

    Surat (Gujarat) [India], February 24:  Sarvajanik University celebrated its 3rd Convocation Ceremony yesterday, where 1,318 students received their degrees across 37 undergraduate, postgraduate, and diploma programs. The event, held on the university campus, was graced by distinguished guests, including renowned astrophysicist Dr. Pankaj Joshi, who delivered the keynote address.

    Dr. Joshi encouraged the students to prioritize happiness over conventional notions of success, advising them to define their personal goals and pursue a fulfilling career.

    The ceremony also featured addresses by the Guest of Honour, Dr. Faruk Patel, Chairman of the KP Group of Companies, and philanthropist Shri Rajen Shah. Dr. Faruk Patel emphasized the importance of hard work, discipline, and righteousness in one’s life, while Shri Rajen Shah encouraged students to embrace lifelong learning and adaptability as essential qualities for success in an ever-evolving world. Gold medals and awards were distributed to top-performing students, recognising their academic excellence.

    On this occasion, the University President, Shri Bharat Shah, and Provost, Dr. Kiran Pandya, also delivered inspiring speeches, motivating students to continue their journey towards success with purpose and determination. The event concluded with a heartfelt vote of thanks by Registrar Ashish Desai, expressing gratitude to all dignitaries, faculty, and students for making the convocation a memorable celebration of academic excellence.

    About Sarvajanik University

    Sarvajanik University is dedicated to delivering quality education and fostering academic excellence, empowering students to make meaningful contributions through research and innovation.

  • Beezaasan Explotech Limited IPO Closes on February 25, 2025

    Beezaasan Explotech Limited IPO Closes on February 25, 2025

    New Delhi [India], February 24: Beezaasan Explotech Limited has announced its plan to go public with an Initial Public Offering (IPO) from 21st February 2025 to 25th February 2025, aiming to raise up to ₹59.93 Crores with shares to be listed on the BSE SME platform. The Issue is up to 34.25 Lakh equity shares at a face value of ₹ 10/- each.

    IPO Details

    IPO Date February 21, 2025- February 25, 2025
    Listing Date
    Face Value ₹ 10/- per share
    Price Band ₹ 165/- to ₹ 175/- per Share
    Lot Size 800 Shares
    Total Issue Size Up to 34.25 Lakh Shares
    (Aggregating up to ₹ 59.93 Cr)
    Fresh Issue Up to 34.25 Lakh Shares
    (Aggregating up to ₹ 59.93 Cr)
    Offer for Sale
    Issue Type 100% Book Built Offer
    Listing At BSE SME PLATFORM
    Share Holding Pre-Issue 94,96,333 shares
    Share Holding Post Issue 1,29,21,133 Shares
    Market Maker Portion 1,76,000 shares
    Rikhav Securities Limited

    IPO Reservation

    Investor Category                        

     Shares Offered
    QIB Shares Offered                      6,53,600 (19.08%)
    Retail Shares Offered                   At least 11,38,400 Equity Shares (33.24%) 
    NII (HNI) shares offered             At least 4,88,800 Equity Shares (14.27%) 

    Objects of the Issue

    The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

    1. Funding the Capital expenditure towards civil construction required for the Expansion of the existing manufacturing unit for the Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat;
    2. Funding of Capital expenditure towards the purchase of Plant and machinery for Expansion of existing manufacturing unit for the Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat;
    3. Funding of capital expenditure towards civil construction is required for the expansion of an additional magazine (Storage) facility for the emulsion cartridge explosives and detonating fuse at the existing location situated at Felsani, Gujarat;
    4. Purchase of Commercial Vehicle;
    5. Repayment/prepayment of all or certain of the borrowings availed of by the Company
    6. General corporate purposes.

    The IPO is solely lead-managed by Smart Horizon Capital Advisors Pvt. Ltd., and Kfin Technologies Limited is the registrar of the issue. Rikhav Securities Ltd., is the Market Maker for the company and Shreni Shares Limited is the syndicate member.

    Mr. Navneetkumar Radheshyam Somani, Chairman and Managing Director of the Company, said, “We see this as an opportunity to not only grow the company but also contribute to a more sustainable future. We are excited about this new phase of development and are grateful to BSE for offering us the SME platform to list our Company”.

    About Beezaasan Explotech Limited

    Incorporated in August 2013, Beezaasan Explotech Limited manufactures and supplies a comprehensive range of explosives and explosive accessories. It primarily produces cartridge explosives, including slurry, emulsion, and detonating explosives. The company is primarily involved in the manufacturing of explosives and explosives accessories used in the cement, mining, and defence industries. The company focuses on producing high-quality cartridge explosives, which include slurry explosives, emulsion explosives, and detonating explosives.

    The company’s manufacturing facility is situated in Gujrat. The company’s explosive manufacturing units hold multiple quality certifications, including ISO 9001:2015 for Quality Management Systems, ISO 14001:2015 for Environmental Management, and ISO 45001:2018 for Occupational Health and Safety Management. The company’s product portfolio consists of chemical explosives.

    Financials

    As per Restated Financial Information

    Our revenue from operations for the six months ended September 30, 2024, and for the Financial Years 2024, 2023 and 2022 amounted to ₹ 10,068.72 Lakhs, ₹ 18,635.85 Lakhs, ₹ 22,791.80 Lakhs and   ₹ 14,094.90 Lakhs respectively. Our EBITDA for the six months ended September 30, 2024, and for the Financial Years 2024, 2023 and 2022 was ₹ 1,340.31 Lakhs, ₹ 1,057.21 Lakhs, ₹ 785.40 Lakhs and ₹ 577.63 Lakhs respectively. Our restated profit after tax for the six months ended September 30, 2024, and for the Financial Years 2024, 2023 and 2022 was ₹832.86 Lakhs, ₹ 486.62 Lakhs, ₹ 293.57 Lakhs and   ₹ 274.25 Lakhs respectively.

    Disclaimer

    Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

  • VIBGYOR Group of Schools: Bringing Cambridge Pathway to India’s Young Learners

    VIBGYOR Group of Schools: Bringing Cambridge Pathway to India’s Young Learners

    New Delhi [India], February 24: In today’s rapidly evolving education landscape, preparing students for a globalised world has become essential. Edupreneur and Founder Chairman Rustom Kerawalla’s VIBGYOR Group of Schools stands at the forefront of this transformation, equipping students with critical thinking skills, problem-solving abilities and a broad worldview. The K12 chain has embraced the Cambridge International Education (CIE) curriculum, ensuring students receive a globally recognised and academically rigorous education, setting them up for success on the global stage.

    VIBGYOR’s Commitment to Global Learning

    VIBGYOR Group of Schools has integrated the CIE curriculum into its diverse academic offerings. By integrating, it ensures that students receive a comprehensive education that not only meets international standards but also nurtures critical thinking and problem-solving abilities.

    The CIE curriculum is currently available at VIBGYOR High campuses in Airoli, Goregaon, Kolhapur, Marathahalli, NIBM and Vadodara, enabling students across multiple locations to benefit from this world-class education.

    Recently, VIBGYOR also announced VIBGYOR World Academy – first-of-its-kind in Bhopal and Nagpur. These two new schools exclusively offer the Cambridge curriculum by aligning with international standards, high-quality resources and expert teaching that paves a clear path for educational success. These schools have been envisioned keeping in mind our learners and thoroughly preparing them to excel on the global stage.

    Benefits of the CIE Curriculum

    The Cambridge curriculum is gaining widespread adoption in India due to its ability to merge global learning standards with local relevance, aligning with the country’s changing educational priorities. Take a look at its benefits below:

    • Multidisciplinary Approach: Known for promoting critical thinking, problem-solving, and inquiry-based learning, the CIE curriculum complements the multidisciplinary approach of NEP 2020, preparing students for a globalised world while staying rooted in their cultural heritage.
    • Adaptable Framework: Its adaptable framework allows schools to blend local traditions with international content, offering a well-rounded educational experience.
    • Focus on Real-world Skills: It is enriched with co-curricular programmes that emphasise real-world skills and equips students with essential soft skills such as problem-solving, independent research, analytical thinking and communication.
    • Experiential Learning: A hallmark of the CIE curriculum is its emphasis on experiential learning and skill-based education.
    • Globally Recognized: CIE qualifications, including IGCSE and A-Levels, are widely accepted by top universities and employers around the world.
    • Assessment for Learning: The examination system is designed to assess a student’s true understanding through application-based questions rather than relying solely on theoretical knowledge.
    • Seamless Transition to Higher Education: CIE qualifications prepare students for competitive exams and higher studies, equipping them with the skills needed for success in university and beyond.

    Why VIBGYOR? 

    At VIBGYOR, we believe education should be more than just textbooks and exams. With the Cambridge curriculum, we bring learning to life through hands-on projects and technology-driven teaching, helping students build essential skills like communication, teamwork, and digital literacy. Beyond academics, our unique co-curricular activities—such as The Climate Academy, Museum of Art, and Fin-Lit-Club—offer students the space to explore their passions, develop confidence, and gain a global perspective.

    We move away from rote memorization, focusing instead on interactive, real-world learning experiences that encourage curiosity and critical thinking. By engaging with a curriculum that crosses borders, our students develop the knowledge and adaptability to navigate an ever-changing world.

    At VIBGYOR, we nurture lifelong learners who grow into independent, creative, and resilient individuals, ready to take on the future with confidence. Through the CIE curriculum, we are shaping a generation that is not just academically strong but also socially aware, culturally grounded, and prepared for whatever lies ahead.

    About VIBGYOR Group of Schools

    Founded in 2004, VIBGYOR Group of Schools, recognised as Best Brand 2024 by The Economic Times, is a leading network of K-12 schools known for its academic excellence for over two decades. The Group offers a unique range of world-class educational programmes for the holistic development of students in curricular and co-curricular studies across all its schools.

    Under the leadership of Founder Chairman Rustom Kerawalla, VIBGYOR Group of Schools is nurturing the academic growth and development of over 50,000 students nationwide across its 39 schools in 15 major cities. VIBGYOR Group of Schools delivers international levels of education in affiliation with ICSE, CBSE and Cambridge International curriculum, from early years education to Grade 12.

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  • Sourav Ganguly: The ‘Dada’ of Brands with 40+ Power-Packed Pan-India Partnerships

    Sourav Ganguly: The ‘Dada’ of Brands with 40+ Power-Packed Pan-India Partnerships

    Mumbai (Maharashtra) [India], February 24:  Sourav Ganguly, fondly known as ‘Dada,’ continues to reign not just in the world of cricket but also in the realm of brand endorsements. Renowned for his leadership, credibility, and unparalleled influence, Ganguly has become one of the most sought-after brand ambassadors in India, with over 40 leading brands placing their trust in him.

    With an impressive portfolio spanning banking, real estate, consumer goods, and sports, Ganguly is the face of reputed brands like Bandhan Bank, Coca-Cola’s Kinley, Denver, Dream Set Go, Mankind Pharma, Casa Grand, DTDC, Dabur, Olyv, Beurer, and Lloyd. His association with these brands reinforces their credibility and strengthens consumer trust across various sectors.

    The impact of Ganguly’s endorsements is evident in the remarkable growth seen by these brands. Lloyd, a leading home appliances brand, has witnessed a significant boost in consumer engagement, while Bandhan Bank has expanded its reach and customer base. My11Circle, the fantasy cricket platform he endorses, has recorded a sharp increase in user registrations, solidifying its standing in the digital sports space. Coca-Cola’s Kinley has reported improved brand recall and increased sales, while brands like Denver, Dabur, and Veedol have all experienced a surge in market performance.

    Beyond cricket, Ganguly’s presence in sports marketing extends to motorsports as the co-owner of the Kolkata team in the Indian Racing Festival and his association with the Delhi Capitals IPL franchise. Additionally, he has stepped into the EV segment, endorsing Raft Cosmic EV to promote sustainable mobility solutions. His influence further spans the healthcare and automotive industries through his endorsements of Vicco products and Veedol lubricants.

    “Sourav Ganguly’s charisma and credibility perfectly complement Vicco’s legacy of trust and Ayurveda. His association has enhanced our brand’s reach and deepened consumer confidence. We truly appreciate his impact on our journey.” – Devesh Pendharkar, Director, Vicco Laboratories.

    “Our association with Mr. Sourav Ganguly has significantly strengthened our brand presence in West Bengal, driving growth and deeper consumer trust in the region.” – Rohit Kapoor, CMO, Havells India.

    “Dada goes the extra mile for every brand he associates with, bringing unmatched credibility and engagement. His dedication ensures not just visibility but sustained growth, making a real impact in the market.” – Bhavesh Singh, Chief Business Officer, Team- Sourav Ganguly.

    “Dada is the ideal fit for brands – his credibility, passion, and deep connection with audiences make him a game-changer. Having worked with him on multiple endorsements, I’ve seen firsthand how seamlessly he collaborates, ensuring a smooth process while going above and beyond for the brands he associates with. His commitment redefines brand growth and visibility.” – Entertainment Marketing and Celebrity Engagement Specialist, Sajay Moolankodan, Director, Go Fish Entertainment Pvt Ltd.

    With a broad spectrum of partnerships across industries, Ganguly continues to be a dominant force in the marketing landscape. As a former captain and an enduring brand icon, his legacy remains as strong off the field as it was on it.

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