Category: Business

Kolkata (West Bengal) [India], January 24: On the occasion of Netaji Subhash Chandra Bose’s anniversary, HaveUs AeroTech is thrilled to announce that the company has acquired 2 acres of land in Barrackpore, Kolkata, for its next upcoming MRO project. Of the 2 acres, the company will develop its first project on the 10,000 square feet of covered land with MRO capabilities like wheel & brake, avionics and lifesaving equipment. The facility is in close proximity, about eleven and a half kilometres from Netaji Subhash Chandra Bose International Airport, making it extremely feasible for airlines and MROs from a logistics and supply chain point of view.

The remaining land will be developed in the later stage for certain high-end component repairs like Radomes, Auxiliary power units (APUs) and landing gears.

After expanding operations and opening a new office in Delhi, HaveUs AeroTech had previously hinted at its ambitious expansion plans all over India, with Kolkata in focus. In sync with the long-term vision of Atmanirbhar Bharat (Make-in-India) in MRO, the company has planned a robust expansion spree across India.

Let us look at some of the important highlights of the new upcoming MRO in Kolkata.

HaveUs AeroTech plans to establish a Kolkata MRO specializing in wheels and brakes, avionics, etc., to start gradually expanding it to component MRO along with certain defence projects lined up along the way. The company has planned to invest over INR 50 crore in this new upcoming facility.

On the recruitment front, HaveUs AeroTech plans to recruit 100-150 highly skilled aerospace engineers, technicians, etc., with plans to expand the facility as well as the employment process, eyeing demand.

Speaking on the selection of Kolkata to build a new MRO facility, Anshul Bhargava, Founder and MD, HaveUs AeroTech, said: “The eastern part of India is an untapped market with hardly any MRO facilities in the region. HaveUs plans to tap this opportunity to service the aircraft coming from other neighbouring Asian countries like Myanmar, Bangladesh and Nepal at an affordable cost.”

Interestingly, Barrackpore has a long-dated history and holds special significance in Indian freedom struggle, it was from this place that India’s first battle led by legendary Mangal Pandey begun in 1857 sowing the seeds of revolutions. Acknowledging this Bhargava says that Kolkata HaveUs MRO will bring the next MRO revolution in India.

Currently, aircraft from East Asia must go either to China, Singapore or the West for servicing and maintenance. HaveUs plans to break this chain and offer affordable MRO service right on Indian soil.

However, to make this venture a success and to develop Kolkata as the next upcoming MRO hub, HaveUs AeroTech is seeking the support of local authorities and the West Bengal government. With their support, the company is confident of developing Kolkata into a vibrant MRO centre of the east.

Going ahead the company is planning to establish a huge MRO base in Mumbai in the next leg of its expansion process.

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New Delhi [India], January 24: In today’s world, many women dream of starting a career in beauty and makeup. Vrinda’s Hair and Makeup Academy in Ahmedabad is helping make that dream a reality. With in-person training led by the experienced Arpita Desai, this academy is changing lives by offering a complete and practical learning experience.

Arpita Desai, a well-known expert in the beauty field, has helped many women gain the skills and confidence they need to succeed. Her personal guidance ensures every student feels supported throughout the course.

Why Offline Classes Are Better

Unlike online courses that only teach theory, Vrinda’s Academy focuses on hands-on learning. Students practice directly on real models, learn about different skin types, and get immediate feedback from Arpita Desai herself.

According to Arpita, “You can’t learn makeup just by watching videos. It’s a skill that needs practice. Offline classes help students make mistakes, fix them, and become confident professionals.”

This approach makes students job-ready and confident to handle real clients.

A Course That Covers It All

One of the best parts of Vrinda’s Academy is that after completing the 24-days course, students don’t need to join any other classes. The course covers everything from basic skills to advanced techniques, so graduates are ready to start their careers right away.

Arpita says, “We designed this course to be complete. Our students leave with all the knowledge and tools they need to succeed. They don’t have to spend more money on additional courses.”

Student Stories: Real-Life Success

Many women’s lives have been transformed by Vrinda’s Academy.

Take Meera from Maharashtra. She says, “I joined online courses before, but they didn’t prepare me for real clients. This course gave me the skills and confidence I needed.”

Anjali, a homemaker from Rajasthan, shares, “I always loved makeup but didn’t know how to turn it into a career. This course helped me start my own business.”

Career Starter Kit: Everything You Need

Every student gets a career starter kit at the end of the course. This kit includes high-quality tools and products to help graduates start working immediately.

Arpita explains, “We give our students everything they need to start their career without any extra investment. The kit helps them begin working with clients as soon as they finish the course.”

Free Consultation: Know Before You Join

If you’re unsure about joining, Vrinda’s Academy offers a free consultation. This session helps you understand the course, what you’ll learn, and how it can change your life. It’s the perfect way to clear your doubts and plan your future.

What Makes Vrinda’s  provides personal mentorship to every student.

1.Practical Learning: Real-world practice ensures students are fully prepared.

2.Starter Kit: Graduates leave with tools to start their careers immediately.

Ahmedabad: A New Hub for Beauty EducationAcademy Special?

3.Short and Effective: The 15-24 day course covers everything you need.

4.Affordable Fees: The course is budget-friendly, offering great value for money.

5.Expert Guidance: Arpita Desai

Women from all over India are coming to Ahmedabad to join Vrinda’s Academy. The city has become a top destination for beauty training, thanks to expert instructors like Arpita Desai and the supportive environment at the academy.

Join the Next Batch

The next women-only course starts on February 14th. Don’t miss this chance to transform your life. Whether you’re a homemaker, a student, or just passionate about makeup, this course is the perfect way to start your dream career. Sign up for a free consultation today and take the first step toward a brighter future!

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New Delhi [India], January 24: This Republic Day, India celebrates more than its democratic spirit—it marks the beginning of a digital revolution. Bataiyo, a new platform which promises to transform how people connect with service providers.

A Platform Built on Fairness

Unlike many apps that burden service providers with high commissions and indirectly raise costs for users, Bataiyo takes a different approach. Its zero-commission model ensures that service providers retain 100% of their earnings, while consumers enjoy fair, transparent pricing without hidden fees.

Instead of relying on fake reviews or paid ads, Bataiyo uses trusted recommendations. The app connects users with service providers through their personal networks—friends, family, and acquaintances—making the process more reliable and authentic.

A Grand Launch at Maha Kumbh 2025

Bataiyo is making its debut at the Maha Kumbh 2025 in Prayagraj, one of the world’s largest gatherings.

What Bataiyo Offers

• Zero-Commission Model: No hidden fees—service providers keep all their earnings.
• Trusted Recommendations: Users connect with verified service providers through their personal network.
• 250+ Services: From household chores to skilled professionals, everything is available.
• Nationwide Reach: Accessible to users in cities and small towns and villages.
• Supporting Local Businesses: The platform helps small businesses grow by removing middlemen.

A Movement for Change

Bataiyo is different from other platforms that charge high commissions. Many apps offer initial benefits but later impose high fees. Bataiyo breaks this pattern with a promise—it will never charge service providers any commissions.

Be Part of the Change

With its launch on Republic Day, Bataiyo invites Indians to join a platform built on trust, fairness, and reliability. Download it today from the App Store or Play Store and experience a new way of connecting with service providers. For more details, visit www.bataiyo.com

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New Delhi [India], January 24: NSF, a leading testing and certification organization in the water industry, successfully hosted the NSF Water Forum 2024 in Delhi on December 11 and in Mumbai on December 12. The forum, with its theme “Your Products’ Passport to Global Markets,” aimed to bring together public and private sector stakeholders dedicated to ensuring safe drinking water in public distribution systems across India.

The forum was structured around two critical areas: the role of standards in ensuring safe drinking water from source to tap, and innovative, localized solutions to address water safety challenges. Government representatives, regulators, industry leaders, and experts contributed their insights and expertise in these areas.

In the Delhi chapter, Scott Morris, Senior Vice President of International Markets and Laboratories at NSF, and Nathalie Scharf from USCS India delivered opening remarks. Keynote speakers included Dr. Ramakant from the Ministry of Housing and Urban Affairs and Mehnaz Ansari from the U.S. Trade and Development Agency (USTDA). A lively panel discussion was led by Jyoti Bhasin, Managing Director of APAC at NSF, featuring experts such as Pradeep Singh from the Ministry of Jal Shakti, Nitasha Doger from the Bureau of Indian Standards, Dheeraj Kaushik from Tata Consulting Engineers, Nandakumar E from International Centre for Clean Water, and Harold Chase, Director of Government Affairs at NSF. The event also included technical sessions led by Hemen Patel of AWWA-India and B.B. Singh, APAC Sales Director of Water at NSF.

The Mumbai chapter included an engaging panel discussion moderated by Jyoti Bhasin, focusing on innovative and localized solutions for water safety. Panelists included Hrushikesh Sandhe from Walter P Moore, Pankaj Dharkar from Pankaj Dharkar & Associates, Pawan Labhasetwar, a former scientist from CSIR-NEERI, and Harold Chase. Technical presentations by Prasana Shah from AWWA-India and B.B. Singh highlighted the critical importance of source-to-tap standards.

The NSF Water Forum 2024 highlights the collaborative efforts of global and local experts in addressing critical water issues and promoting awareness of water standards. This event underscores NSF’s commitment to the Indian market as a leading provider of water solutions. This dedication will serve as a solid foundation for improving water quality in India.

“We believe that the impact of this forum will be long-lasting. Real change will occur when knowledge is shared, and water systems adhere to high standards. We look forward to collaborating with local governments and agencies to improve water quality standards in India while reinforcing NSF’s mission to improve human and planet health.” Said Scott Morris.

About NSF

NSF is an independent, global services organization dedicated to improving human and planet health for more than 80 years by developing public health standards and providing world-class testing, inspection, certification, advisory services and digital solutions to the food, nutrition, water, life sciences and consumer goods industries. NSF has 40,000 clients in 110 countries and is a World Health Organization (WHO) Collaborating Center on Food Safety, Water Quality and Medical Device Safety.

NSF’s Water Division provides risk assessments, testing, inspection, and certification services for the water industry from source to tap. NSF facilitated the development of the American National Standards for all materials and products that treat or come in contact with drinking water to help protect public health and the environment and minimize adverse health effects. In 1990, the U.S. EPA replaced its own drinking water product advisory program with these NSF standards.

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New Delhi [India], January 24: STS Digital Solutions, a pioneering digital marketing agency, has announced its full suite of digital marketing services designed to elevate businesses to new heights. With a focus on innovation, tailored strategies, and measurable results, STS Digital Solutions is redefining the digital landscape for businesses across India.

A Trusted Partner in Digital Transformation

More businesses now need an online presence to survive because digital growth has become required for market success. STS Digital Solutions stands as the trusted partner for organizations that need customized help to succeed in today’s digital age.

Digital marketing has become essential for companies that compete against each other at peak levels according to Sahil Goyal, Founder & CEO of STS Digital Solutions. Our expert team helps businesses access everything they require to succeed digitally.

Comprehensive Digital Marketing Services

STS Digital Solutions offers a robust array of services to address every aspect of digital marketing, ensuring businesses achieve sustainable growth and an impactful online presence:

• Search Engine Optimization (SEO): Companies trust STS to be their top SEO partner which helps them improve their internet position to attract more visitors from search results.
• Website Design and Development: STS serves businesses that want to improve their online identity when they partner with the company. STS builds websites that look great and help users take action while being easy to use.
• Social Media Marketing: STS as the number one social media marketing agency uses campaigns to establish deep brand connections with consumers who then show stronger support for the brand.
• Pay-per-click advertising (PPC): By using PPC insights to run campaigns STS helps businesses deliver strong financial returns and reach their specific objectives.
• Content Marketing: As a storytelling expert STS develops powerful content solutions to engage with audience interest.

Driving Results Through Innovation

STS Digital Solutions achieves results through its expert team of specialists who know digital marketing trends and monitor new industry developments. Using data-based strategies combined with emerging technology expertise STS Digital Solutions creates personalized solutions for companies in every industry.

Why Businesses Choose STS Digital Solutions

• A proven track record of success in driving business growth.
• Strategies tailored to individual business objectives.
• Transparent communication and regular performance reporting.
• Expertise in leveraging cutting-edge digital tools and technologies.

Empowering Indian Businesses in the Digital Era

STS Digital Solutions supports digital business solutions throughout India for small and large organizations across all markets. The agency helps companies tailor their plans to meet digital demands and reach their success goals.

About STS Digital Solutions

STS Digital Solutions leads digital marketing agencies in creating superior results to our clients. STS Digital Solutions leads digital expansions for companies by delivering top SEO and social media services alongside website design and other digital marketing solutions.

For more information, visit www.stsdigitalsolutions.com

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New Delhi [India], January 24: ProJiva was born from a vision of sustainable living. With increasing environmental challenges, the brand’s founder set out on a mission to create solutions that not only reduce environmental impact but also elevate the quality of daily life. This commitment to sustainability and innovation has been the cornerstone of ProJiva’s journey, paving the way for impactful products like the Uthaaa insulated tumbler.

The initial launch of Uthaaa has been nothing short of a success story. Designed for modern consumers who value both functionality and aesthetics, the tumbler has struck a chord with individuals looking to make healthier, eco-conscious lifestyle choices. Uthaaa’s design and features empower users to embrace sustainable hydration while enjoying the convenience and performance of a thoughtfully crafted product.

A Tumbler with Purpose

At its core, Uthaaa represents the essence of sustainable innovation. The tumbler’s vacuum-insulated technology ensures beverages stay hot or cold for extended periods, encouraging users to prepare drinks at home rather than relying on single-use plastics or disposable containers. By offering a reusable alternative, Uthaaa directly contributes to reducing waste, aligning with ProJiva’s mission to promote environmental stewardship.

Crafted from premium-grade stainless steel, the Uthaaa tumbler is built for durability. Its seamless, fused body not only enhances its sleek aesthetic but also makes cleaning effortless. This design eliminates mold lines and crevices, providing a hygienic solution for everyday use. The tumbler’s powder-coated matte finish ensures scratch resistance, maintaining its pristine appearance even with daily handling.

A Thoughtful Design for Every Lifestyle

One of the standout features of the Uthaaa tumbler is its intelligently engineered Tritan lid paired with a stainless steel curved straw. The straw’s unique design promotes better posture, allowing users to sip without tilting their heads excessively. This ergonomic feature is especially valuable for individuals on the go, from busy professionals to fitness enthusiasts.

The tumbler’s handle, positioned thoughtfully to align the straw hole at a 90-degree angle, enhances usability and convenience. Whether commuting, hiking, or simply relaxing at home, Uthaaa’s design ensures ease of use and portability. Available in timeless Carbon Black and vibrant shades of Mocha Mist and Lavender Dream, the tumbler offers options to suit every style and preference.

Driving a Shift Towards Healthier Choices

Uthaaa’s vacuum insulation doesn’t just contribute to sustainability; it also promotes healthier habits. By keeping beverages at their ideal temperature for hours, users are encouraged to explore a variety of drinks, from nutrient-rich smoothies and herbal teas to infused water and protein shakes. This versatility empowers consumers to embrace wholesome alternatives to sugary, processed beverages often sold in disposable containers.

Moreover, the tumbler’s leak-proof design ensures confidence and convenience, whether users are at the office, gym, or on an outdoor adventure. Its ability to maintain the integrity of hot and cold beverages makes it an essential accessory for anyone seeking to stay hydrated throughout the day.

The Path Forward

The success of Uthaaa is a testament to ProJiva’s ability to combine sustainability with innovation, catering to the needs of conscious consumers. As the brand continues to grow, it remains committed to reducing environmental impact through thoughtful design and purposeful products.

Looking ahead, ProJiva envisions expanding its product line to further address the challenges of sustainable living. With Uthaaa setting the benchmark for quality and functionality, the company is poised to introduce more solutions that resonate with its mission to make sustainability accessible and appealing.

Why Uthaaa Matters

In a world increasingly aware of the need for environmental responsibility, Uthaaa’s insulated tumbler serves as a beacon of progress. It not only addresses the practical needs of hydration but also encourages a mindset of mindful consumption. By choosing Uthaaa, consumers take a step toward reducing their carbon footprint while elevating their hydration game.

ProJiva’s journey, powered by innovation and purpose, underscores the impact of thoughtful design in fostering positive change. With Uthaaa, the brand has not only created a product but also a movement—a call to lift up our habits, choices, and outlooks. After all, as the brand’s tagline aptly states, “Life looks up when you Uthaaa.”

For more information, please visit: 

Website – uthaaa.com

Amazon – https://www.amazon.in/Uthaaa-1200ML-Insulated-Tumbler-Handle/dp/B0DPX9YVB9

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New Delhi [India], January 23: In the present evolving business landscape, Corporate Connect is dedicated to acknowledging and honouring organisations and business leaders delivering excellence. Our “Global Icon Awards, 2024-25” celebrate the impact, innovation and dedication of remarkable enterprises and visionaries. This recognition also aims to highlight the growing influence of these corporations on the global stage.

In association with Business Connect Magazine and Entrepreneur Outlook Magazine , we are confident that the award will be a success, leaving an impact on the corporate community on the global stage. We welcome you to be a part of these exciting achievements that continue to shape the future of the business world and contribute to growth and innovation worldwide.

All the awardees in this list are pioneers in their respective fields, leaving a significant impact on different domains across the world. Each company has carved a niche for itself and represents the best of the best.  Check out all the companies and pioneers, setting new benchmarks in the Indian and global business landscape.

Mobulous Technologies Pvt Ltd

Anil Sharma: CEO

Best Mobile App Development Company of the year 2024

The visionary CEO of Mobulous Technologies, Anil Sharma founded the company in 2013 with a thought of providing highly advanced Web and Mobile app development services across diverse industries with affordable solutions. Since the foundation, the company has achieved immense success and has become a leading software development company in various countries like the USA, UK, UAE, etc., holding ISO 9001:2015 and ISO 27001:2015 certifications and won multiple awards. It strives to enhance business goals with top-notch solutions. Its core mission is to offer integrated, vibrant, and streamlined solutions

Adhunik Powertech Private Limited

Mr. Sanjay Chauhan (Managing Director)   

Impact Recognition: The Most Innovative Brand For HVAC Projects 2024-25

Incorporated in 2005, Adhunik Powertech envisions creating an environment, nurturing and enhancing the well-being of every person. Led by Sanjay Chauhan, MD, Adhunik Powertech offers the latest cooling technologies with sustainable climate control. It always aims to deliver energy evidence and cost-effective solutions.

Prasarnet Consulting Services Pvt. Ltd.

Pasha Sanyal {Founder & CEO

Impact Recognition: Highly Regarded Digital Marketing & Brand Maker Company 2025

Prasarnet is a trailblazer organization that develops digital marketing strategies that drive client growth. Its closely knit team of professionals creates result-driven campaigns that generate revenue growth for their clients. It’s a full-service enterprise agency dedicated to delivering projects on time successfully through proven strategies. The company passionately outperforms in offering tailored approaches, business outcomes, and radical transparency to transform businesses into industry leaders.

GUS Education India LLP             

Shashi Jaligama (Managing Director)

Influential Leader in the Education Services Sector – 2024

GUS Education, a serving wing of Global University, Europe holds more than 35 brands in its portfolio and is associated with reputed educational institutes and universities. The core mission of the GUS is to build sustainable innovations at the workplace focused on streaming and developing with Arpita Rao.

Netfotech Solutions

Arindam Ghosh [CEO & Founder]

 Impactful Software Development Expertise Award 2024

Established in 2002, Netfotech Solutions is a renowned IT firm developing breakthrough software solutions as per the unique needs of businesses across diverse industries. Its service portfolio includes Recruitment, Mobile Application,Web Site Development, Web Hosting, Domain Registration, E-commerce Solutions, Internet Marketing, Multimedia Solutions and Training.

Adsflourish            

Jatin Kapoor (Managing Director)

Business Excellence in Performance Marketing 2024

Adsflourish is renowned for offering 360-degree advertising solutions with Jatin Kapor at the helm. It aims to share profits with advertisers and also publishers where the focus is on minimising the cost of the advertisers by offering the best marketing and promotional solutions.

Saryu Business Solutions   

Naveen Mali (Founder) 

Emerging Marketing Agency of the Year – 2024

A one-stop destination for all business needs, Saryu Business Solutions offers a wide range of services required to kickstart a business journey and make it successful.   Saryu Business Solutions is the brainchild of Naveen Mall assisting business aspirations right from their legal process and registration to providing numerous marketing tools and products for growth.

Kishore Group          

Arjun Kishore Mehra – CEO      

Impact Recognition: Highly Organized Brand For Pharmaceutical Packaging 2024-25

Envisioned to be a reputed name in the field of Pharmaceutical Packaging for Small Volume Parenteral Drugs on a Global Platform, Kishore Group strives to make a difference in people’s lives. The company manufactures merely 2000 Units daily at the same location.

SIPAY

Meltem Yuksek (Senior Director of Project & Card)

Gamechanger in Digital Payment Innovation 2024

Since its inception in 2019, Sipay has been offering special payment solutions. Its digital wallet infrastructure combines both card and cardless payments. Under the dynamic leadership of Meltem Yuksek, Senior Director of Project & Card), Sipay make your shopping, month transfers Bill payments fast and safe.

Install365        

Sunil Kumar (Co-Founder & CEO), Lokesh B R (Co-Founder & Managing Director) and Uday Manjunath S (Co-Founder & COO)

Impact Recognition: Leading B2B Installation Solutions Brand to Watch out in 2025

Install365 is a leading B2B installation and maintenance service provider, specializing in residential and commercial interiors, including modular work and décor solutions. The company excels in handling products that require intricate assembly or setup. Its diverse portfolio includes modular furniture, flat-packed items, and other complex products, ensuring professional and efficient service delivery every time.

IConnectDots EServices “DoctorWedsDoctor.com”

Ms. Priyanka Garg [Founder and CEO]         

The Most Acclaimed Matrimonial Platform For Doctors

Incorporated in 2020, DoctorWedsDoctor.com” is a distinctive platform that allows doctors to meet eligible bachelor doctors in the same or preferred specialisation. This is a user-friendly website that allows you to easily register and search for registered members from various doctors’ specialisations. Led by Priyanka Garg, the Founder & Director of the company, DoctorWedsDoctor.com allows you to begin a beautiful journey with your spouse.

Vedic Astro Kendra

AcharyaPooja

Impact Feature: Highly Rated Astrology Services Provider To Watchout-2024

A reputed name in astrology services, Vedic Astro Kendra has been dedicated to offering the best Astrology services. The woman behind this endeavour is Acharya Pooja who is a highly experienced Astrologer who has successfully consulted over 50,000 customers.

Premal Badiani

• Therapist & Master Life Coach At Pb Life Coaching,
• Creative Director –  Badiani New York, Label Premal Badiani

Iconic Women Entrepreneur of the Year 2024

Badiani New York is a luxury brand widely known for its trendy design, couture opulence and sophisticated ensembles. This iconic brand was launched by Premal Badiani who is actively empowering high achievers to cope with the daily challenges and transform themselves into an unstoppable force.

Shalimar Chemical Works Pvt. Ltd.   

Brand of the Year- In FMCG 2024

The story of Shalimar Chemical began seven decades ago with its first manufacturing unit in Narkeldanga Main Road, in the northern part of Kolkata. Since, then, the company has grown and become a pioneer in manufacturing and exporting a wide range of products with optimum quality. Currently, with Mrinalini Chaudhuri at the helm, the team has a distinctive niche for reputed clients.

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New Delhi [India], January 23: H.M. Electro Mech Limited is specializing in turnkey projects, including supply, installation, testing, and commissioning of pumping machinery and providing comprehensive operation and maintenance services. Initial Public Offering (IPO) is opening on January 24, 2025, aiming to raise up to ₹ Rs 27.74 crores to be listed on the BSE SME platform.

Highlights

• Total Issue Size – 36,99,200 Equity Shares of ₹ 10 each
• Book Built Issue Size – 27.74 Crores
• Price Band – ₹ 71 to ₹ 75 per Equity Share
• Lot Size – 1600 Equity Shares

The Issue size is 36,99,200 Equity Shares with a price band of ₹ 71/- to ₹ 75/- per share and a face value of ₹ 10 each.

Equity Share Allocation

• Anchor Bidding on: Thursday, January 23, 2025
• Issue Opens on: Friday, January 24, 2025
• Issue Closes on: Tuesday, January 28, 2025
• Tentative Listing Date: Friday, January 31, 2025
• QIB Anchor Portion: Not more than 10,52,800 Equity Shares
• Qualified Institutional Buyer: Not more than 7,02,400 Equity Shares
• Non-Institutional Investors: Not Less than 5,28,000 Equity Shares
• Retail Individual Investors: Not Less than 12,30,400 Equity Shares
• Market Maker: 1,85,600 Equity Shares

The net proceeds of the IPO will be utilized to meet working capital requirements and for general corporate purposes.

Beeline Capital Advisors Pvt Ltd is the Book Running Lead Manager to the Issue, while Cameo Corporate Services Limited is the Registrar of the Issue.

About H.M. Electro Mech Limited

H.M. Electro Mech Limited is engaged in the field of turnkey projects of supply, installation, testing and commissioning of pumping machinery, along with comprehensive operation and maintenance. Initially, the core Business of the Company was Infra projects related to water supply schemes involving Pumping Machinery and allied accessories for water and wastewater. Over the years it has diversified in the field of electrification projects with Indian railways, Nationalized Banks and Municipal Corporations.

Recently, it has started EPC (Engineering, Procurement and Construction) field projects, which involve laying cross-country pipelines and civil work related to water supply projects, including the construction of a water treatment plant (WTP), Civil Work for Pump Houses, Diesel Generating Sets, Panel Room, Instrumentation, PLC-SCADA. The company is also engaged in the sale of products, which include Pump, Pipes, Transformer, Motor and Other Electronic Accessories.

H.M. Electro Mech Limited is ISO 9001:2015 certified and Class ‘AA’ (highest category for EPC Contracts – unlimited bidding capacity subject to fulfilment of other tender conditions) with the Irrigation division of the Government of Gujarat. It is authorized by the Government of Gujarat Energy and Petrochemicals Department to carry out Electrical Installation Works in the Gujarat State.

Financials

• In FY24, The Company Achieved a Revenue of ₹ 11,703.45 Lakhs, EBITDA of ₹ 1,255.88 Lakhs & PAT of ₹ 818.61 Lakhs.
• As of Sept 2024, The Company Achieved a Revenue of ₹ 4539.59 Lakhs, EBITDA of ₹ 545.82 Lakhs & PAT of ₹ 333.89 Lakhs

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.

Bengaluru (Karnataka) [India], January 23: In a landmark decision, the Central Drugs Standard Control Organisation (CDSCO) has prohibited the import of used and refurbished medical devices in India. This progressive step is a significant milestone in enhancing patient safety, promoting quality healthcare, and fostering the growth of India’s indigenous MedTech manufacturing sector.

Dr. Jitendra Sharma, MD & Founder CEO of AMTZ, emphasized, “A stop to import of refurbished medical equipment is a true policy intervention that will guard the domestic industry against dumping of equipment with uncertain quality. This will also help patients receive appropriate medical care, thereby bringing the best value for the medical equipment cost being spent by them and by the payers, including insurance agencies. This is a welcomed and much-awaited, long-due intervention.”

At Innvolution, we wholeheartedly commend CDSCO for its vision and decisive action. By halting the influx of second-hand medical devices, India is sending a clear message about its commitment to delivering uncompromised healthcare standards to its citizens. This move also aligns with the “Make in India” initiative, encouraging local manufacturers to innovate and deliver cutting-edge technologies tailored for Indian healthcare needs.

No country allows even new medical equipment to be sold within its borders without thorough inspections, including mandatory visits to the manufacturing facilities in the country of origin. It is imperative that India enforces similar standards for pre-owned equipment to mitigate potential risks to patients.

“India now has the manufacturing capacity and technological capabilities to cater to domestic demand for high-end, High Value medical equipment. This suspension offers an opportunity to further strengthen local manufacturing and innovation while ensuring a level playing field. We look forward to collaborating with all stakeholders in framing a policy that promotes safety, quality, and self-reliance in the medical technology sector.” said by Mr. Gaurav Agarwal, Managing Director, Innvolution Healthcare Pvt. Ltd.

Highlighting the capacity and capabilities of domestic manufacturers to meet both domestic and international demand, Mr. Atul Sharma, Cofounder & Director, Innvolution healthcare mentioned that the manufacturing sector contributes more to the value chain, driving innovation, advancing technology, and creating a significantly larger number of jobs than the refurbishing industry. By focusing on building and enhancing our local manufacturing capabilities, we are positioning India for long-term self-reliance and economic growth. In the broader perspective, this approach will lead to sustainable growth and a healthier healthcare ecosystem, aligning with the nation’s goals of self-sufficiency and job creation. The upcoming regulatory frameworks must ensure that this restriction remains intact, encouraging domestic manufacturing and long-term employment opportunities over short-term solutions like refurbishing.

Industry leaders like, Ms. Chandra Ganjoo, Group CEO, Trivitron Healthcare appreciated the initiative by the CDSCO and said that It is a visionary step which endorses the Government of India’s commitment to self-reliant India. It is not only going to protect and boost the domestic medical device industry, but it will also be the springboard to project India as a major world manufacturer in the medical devices sector. Further to this, I hope that with the review of the policy by the Ministry of Health, it would be formulated more in direct alignment with the goals of the National Medical Devices Policy 2023. The policy envisages India as a leading hub for the design, development, and production of best in technology medical devices to serve both domestic and international markets.  This decision is very significant and has an intention to ensure safe and quality treatments for patients and promote innovation within the country. Clearly, with a good roadmap and enabling policy, the country is seen to redefine its role in the global healthcare model.

“This is a Very welcome clarification and a huge Make in India investment enabler. Recently at a seminar on Medical Devices Regulations it was clarified that while one ministry and its regulations may permit imports of preowned medical devices w.r.t. e-waste management concerns other regulators like AERB or CDSCO have to play their own role and until there is an unequivocal policy decision by MoH&FW permitting imports of pre-owned equipment and amendments to MDR to suitably address the high risk patient safety concerns it’s not permissible to import preowned medical equipment and if any such pre-owned equipment is under import clearance without an import license it will not be permitted by Port Officer and will need to be exported back to country of origin. We welcome this from AiMeD.

India does not permit pre-owned cars or I-Phones as a Make in India enabled so we hope that the policy review under way at MoH will consider alignment with National Medical Devices Policy 2023 that envisions India to emerge as the leading Manufacturing Hub of Medical Devices. We welcome MNCs to invest in India and make these high technology equipment in India and make these affordable to Indian Patients as being done in mobile phones and automobiles sector. A healthy competition is welcome “ said an elated Rajiv Nath , Forum Coordinator, AiMeD.

Industry also recommend that scrutiny must begin at the country of origin for these used devices. This step will help ensure that outdated or unsafe equipment does not enter the Indian market under the guise of refurbishment being invoiced as New. Collaborating with international regulatory bodies and establishing a robust inspection framework can bolster the effectiveness of this ban.

Innvolution remains committed to advancing India’s healthcare landscape through innovative, affordable, and high-quality solutions. Together with regulatory bodies like CDSCO, we can work towards building a safer and more self-reliant MedTech ecosystem, ensuring the highest standards of care for patients across the country.

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Mumbai (Maharashtra) [India], January 23: Saturo Technologies, a leading provider of enterprise solutions, has entered into a strategic agreement with a valued client to develop a cutting-edge solution on the Oracle NetSuite platform. This collaboration highlights Saturo Technologies’ commitment to delivering innovative solutions that drive operational excellence and enhance business processes.

This solution will be designed to address critical challenges in management, delivering the following key benefits: 

1. Improved Communication and Collaboration: The project will enable seamless, real-time communication between the 2 entities, fostering stronger relationships and more effective collaboration.
2. Increased Operational Efficiency: By automating routine tasks and centralising vendor-related activities, the solution will significantly enhance productivity and streamline operations.
3. Cost Savings: The platform’s advanced features will help reduce operational costs by minimizing errors, optimizing workflows, and enhancing procurement efficiency.
4. Greater Transparency and Visibility: With real-time data and intuitive dashboards, the portal will provide unparalleled visibility into vendor performance, order statuses, and financial transactions.
5. Enhanced Real-Time Management: The solution will empower the client to effectively manage vendor relationships, monitor compliance, and ensure timely delivery of goods and services.

“We are thrilled to partner with our client to create this innovative vendor portal on the Oracle NetSuite platform,” said Deepak Singh, Founder and CEO at Saturo Technologies. “This solution will redefine how businesses manage their vendor interactions, driving efficiency, transparency, and cost-effectiveness.”

This agreement underscores Saturo Technologies’ expertise in leveraging Oracle NetSuite to deliver tailored solutions that address specific business needs. The vendor portal will provide the client with a powerful tool to streamline operations, enhance vendor relationships, and achieve greater operational success.

About Saturo Technologies
Saturo Technologies is a trusted leader in enterprise solutions, specializing in implementing and customizing platforms like Oracle NetSuite to meet the unique needs of businesses across industries. With a focus on innovation and efficiency, Saturo Technologies empowers clients to achieve their strategic objectives through advanced technology solutions.

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