Category: Business

  • Ajay Hinduja on Unlocking Human Potential Through Innovation

    Ajay Hinduja on Unlocking Human Potential Through Innovation

    New Delhi [India], December 16: Innovation is the pivot around which progress revolves, and Ajay Hinduja has remained an unwavering campaigner for the use of science and technology as a means of empowering the patient and redefining brain wellness. As a member of the Hinduja Group Promoter Family, his vision has steered MindMaze to the point at which it is on its way to becoming a global pioneer in neurotechnology. Founded in 2012, the organization has already changed the face of neurorehabilitation with a completely new focus: harnessing human potential via radical innovations.

    A Vision Rooted in Purpose

    Ajay Hinduja envisions a world in which human and technological needs are fused to enable and facilitate recovery, learning, and adaptation. At the heart of MindMaze’s mission, however, is the promise of enhancing humanity’s ability to cope with neurological challenges: from the cognitive and physical effects of aging to offering solutions for severe pathologies like Alzheimer’s disease, stroke, and Parkinson’s disease, MindMaze is breaking the frontiers of neuroscience.

    “MindMaze is not just about technology—it’s about unlocking human potential,” Ajay Hinduja says. This philosophy underscores the company’s approach of bridging science and innovation to deliver meaningful change for patients and their caregivers.

    Transforming Neurorehabilitation

    Hinduja Group: Transforming conventional neurorehabilitation paradigms in the most successful ways
    Hinduja Group: Transforming conventional neurorehabilitation paradigms in the most successful ways

    MindMaze has been able to transform the conventional neurorehabilitation paradigms in the most successful ways. It incorporates the latest advancements in digital therapeutics into a game-based approach, thereby allowing a patient to undergo the rehabilitation process. MindMaze has brought neuroscience principles like experience-dependent plasticity to life by developing experience-high-dose and high-intensity behavioral experiences that allow the brain to adapt and relearn through incursions.

    Such an in-house-built AI engine will change the entire game. Motion capture, haptics, bio-sensing, and electrical stimulation go hand in hand with personalized care plans that make rehabilitation a huge engaging experience and yet very effective in empowering patients to regain motor and cognitive functions with the greatest possible accuracy and efficiency.

    A Universal Platform for Brain Health

    MindMaze’s technology is more than just a set of therapeutic tools. The company is building a universal platform for brain health that leverages motion analytics, artificial intelligence, and cloud technologies. With such integrated systems, healthcare delivery is also precise, objective, and scalable.

    These solutions have made a concrete impact now in many hospitals around the world. People living with brain disorders-from dementia to traumatic brain injuries-are realizing rewarding results. MindMaze’s innovations don’t just facilitate recovery but also help most patients regain their independence and confidence, significantly improving their quality of life.

    Beyond Healthcare: Enabling Everyday Applications

    Ajay Hinduja envisioned MindMaze beyond conventional health settings, and MindMaze Labs-their research and development division-would be translating neuroscience into real-life applications for everyday living. It is thus progressing into human-machine interfaces that MindMaze is enabling for early interaction with advanced technology promises innovations across industries as disparate as education, entertainment, and workplace productivity.

    This approach reflects a broader aspiration to integrate neuroscience into daily life seamlessly. According to Ajay Hinduja, “We envision a world where cutting-edge neuroscience fosters a healthier, more adaptive humanity.”

    Looking Ahead: A Legacy of Innovation

    As MindMaze continues to expand its reach and capabilities, Ajay Hinduja remains steadfast in his commitment to innovation. The company’s vision aligns with the broader goals of the Hinduja Group, emphasizing sustainable, impactful advancements that improve lives. Currently, MindMaze technology is used in over 130 world-class medical facilities. Through a fully owned subsidiary, MindMaze India, it is implemented in over a dozen Indian institutions, including the premier government hospital AIIMS in New Delhi and Hinduja Hospital in Mumbai.

    Under the guidance of Ajay Hinduja, MindMaze is not merely advancing technology; it is redefining how humanity approaches brain health and recovery. By unlocking the potential of neuroscience and blending it with cutting-edge innovations, the company is empowering individuals to overcome limitations and embrace new possibilities. In doing so, MindMaze is shaping a future where science, technology, and humanity converge to achieve extraordinary outcomes.

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  • Bharat Agri Fert and Realty’s ANCHAVIYO Resort – A Top Choice for Destination Weddings Near Mumbai

    Bharat Agri Fert and Realty’s ANCHAVIYO Resort – A Top Choice for Destination Weddings Near Mumbai

    Mumbai (Maharashtra) [India], December 16: Mumbai-based Bharat Agri Fert & Realty Ltd Limited (BHARATAGRI) (BSE — 531862) provides updates on the Expansion of the company’s Hospitality division:

    Bharat’s Hospitality Division: – Currently operates ANCHAVIYO Resort:

    • 80 luxurious rooms
    • Two high-end restaurants
    • Banquet hall
    • Comprehensive recreational amenities, including:
      • Spa, gymnasium, and two swimming pools
      • ATV biking, kayaking, paddle boating, and cycling track
      • Dining on a raft, outdoor cinema, and various indoor and outdoor games

    Key Highlights of Expansion Plans:

    • 130 additional rooms
    • A 10,000 sq. ft. restaurant
    • A sports bar with a bowling alley and arcade games
    • A state-of-the-art terrace spa
    • A unique island pool
    • A 10,000 sq. ft. banquet hall
    • A 28,000 sq. ft. open-air mandap in an amphitheatre format
    • An employee colony

    Estimated Cost & Completion:

    The total cost of this expansion is estimated at Rs. 85 Crores, with a targeted completion date of March 2026.

    Funding and Financial Support from Government of India and MTDC:

    • 25 Crores funding has been secured from NKGSB Bank with an additional Rs. 32.5 Crores expected from other banking partners by December 2024.

    Financial Support include fiscal and non-fiscal benefits such as:

    • 25% capital subsidy for the project
    • Lower energy tariffs from MSEDCL
    • Exemption of electricity duty, GST reimbursements, and stamp duty
    • 50 lakhs interest subsidy on term loans
    • Industrial status benefits

    India’s wedding economy:

    India’s wedding industry is estimated to have grown to $130 billion, second only to food and groceries in terms of consumption, thus driving a huge economic boom, according to a Brokerage report. India hosts approximately 80 lakh to one crore weddings annually, making it perhaps the largest such wedding destination worldwide, bigger than China and the US. The trend of destination weddings has grown significantly, rising from 18% in 2022 to 21% in 2023 and 26% in 2024. The ongoing wedding season in India is likely to generate business worth nearly Rs 6 lakh crore across around 48 lakh weddings in comparison to Rs 4.25 lakh crore business generated in 35 lakh weddings last year, said traders’ body Confederation of All India Traders (CAIT).

    Revenue Projections:

    Upon completion of the expansion, the company project’s annual revenues of Rs. 111 Crores by FY 2026-27, assuming an occupancy rate of 65-75%.

    About Bharat Agri Fert & Realty Limited (BAFRL)

    Bharat Agri Fert & Realty Limited, established in 1962, 1s a pioneering Indian company, initially recognized for being the first to manufacture NPK fertilizers through “Project Finance” from NRI investors. With three key business verticals — Fertilizers, Realty, and Hospitality — the company is strategically navigating challenges and pursuing growth opportunities.

    Bharat’s Fertilizer Division:

    BAFRL has successfully entered into a strategic Leave and License cum Fixed Conversion Charges Agreement dated 8th October, 2024 for its SSP /GSSP fertilizer unit located at Wada, District Palghar, Maharashtra with Araglass Products Private Limited (Araglass).

    This agreement has been executed subject to the approval of the Department of Fertilizers (DOF), for which the application has already been submitted. The arrangement is structured for an initial term of three years, with the option to extend for an additional three years, effective from the date of DOF approval.

    Earlier because of the Fertilizer division BAFRL’s profitability was impacted but after above agreement the Fertilizer division will be profitable from current Q3 quarter onwards resulting in a complete Turnaround of the company. This will also lead to generation of substantial Cash Flows.

    Bharat’s Hospitality Division:

    The Hospitality vertical features Anchaviyo Resort, set to double its room capacity in Phase 1 and expand further in Phase 2, aligning with the national initiative of “WED IN INDIA.” Additionally, a joint venture with a prominent hotel chain is on the horizon, reflecting the company’s commitment to innovation and market expansion.

    Bharat’s Realty Division:

    BAFRL has launched its iconic high rise prestigious tower namely Wembely-24 (G+60 Floor) with regulatory approval upto 35 floors, tallest in Majiwada, Thane to offer 457 BHK Residential Flats of 2/3 BHK. The Plinth work has been successfully completed. The total realisations from the Majiwada Project, comprising 457 flats, will be approximately Rs. 800 Crore in the next 4 years on a pro-rata basis out of which cost of Project will be approximately Rs. 300 Crore since the land is owned by company.

    BAFRL is excited to announce that we have entered into a marketing partnership with a reputable and experienced company to facilitate the sale of 200 residential flats (2/3 BHK) over the next 15 months, starting from December’ 2024. Due to this partnership the Company is likely to get realisations of Rs. 350 to 400 Crore on a pro-rata basis over the next 15 months.

    The Company is planning to redevelop the Company’s existing commercial building situated at BHARAT HOUSE, 12 Nanabhai Lane, Fort area to build modern sophisticated commercial offices up to 35,000 sq. ft. RERA saleable carpet area which can generate a free cash flow of Rs.200 crs.

    The Company is also planning a JV project for redevelopment of promoters residential building situated at prime location in Vile Parle (East) near Hotel Sahara Star for making 3-4 BHK luxurious residential flats in Ground +13 Floor high rise building with potential minimum revenue of Rs.175-200 Cr approximately.

    Regulatory Approvals:

    Town planning approval has been granted for the conversion of 52,27,200 sq. ft. of land for Non-Agricultural (NA) use. Developing its excess surplus land situated at Wada, Palghar into NA by developing area required to build Destination Wedding, Banquet Mandap, Executive Rooms & Landscape with largest Lazy pool area.

    Future Development:

    The promoters also own an additional 13,06,800 sq. ft. of adjacent land, which will be developed under a 99-year lease for future expansions, including a sports complex and wellness center, subject to regulatory approvals and the upcoming AGM.

    Considering above high growth drivers BAFRL could generate a free cash flows between Rs. 2,000 – 2,500 crs. In next 4-5 years as against current Market Cap of Rs. 425 crs.

    Commenting on the update, Mr. Yogendra D. Patel — Chairman and Managing Director of Bharat Agri Fert & Realty Limited said, “We are confident that the expansion of ANCHAVIYO Resort will not only drive long-term growth for our hospitality division but also positively impact our real estate and fertilizers sectors. This expansion will significantly contribute to the company’s revenue streams, boost brand recognition, and establish the resort as a leader in the destination wedding and corporate event sector. This marks a pivotal milestone in our growth journey, and we are committed to delivering this vision with excellence and precision.

    Anchaviyo will offer tranquillity, natural beauty, and proximity to new upcoming Vadhavan port & airport. This world-class infrastructure is expected to attract business travellers and high-end yachting enthusiasts. The Vadhavan port & airport presents a tremendous opportunity. We believe Anchaviyo’s 7-star like experience, coupled with the port & airport’s convenience, will create a unique and synergistic destination.

    These developments reflect our commitment to delivering value to our stakeholders while maintaining financial prudence and operational excellence. We remain focused on executing our strategic initiatives and maximizing shareholder returns in the long term.”

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  • Abhishek Kumar Tripathi: A Life of Purpose, Service, and Innovation

    Abhishek Kumar Tripathi: A Life of Purpose, Service, and Innovation

    New Delhi [India], December 13: Abhishek Kumar Tripathi, a name that resonates with profound values and vision, continues to inspire through his multi-faceted journey of leadership, spirituality, and community service. Born in 1984 in Kannauj, Uttar Pradesh, Abhishek’s life story reflects a unique fusion of academic brilliance, military discipline, entrepreneurial success, and a deep commitment to societal welfare. A former Indian Air Force veteran, he has seamlessly transitioned into a thriving businessman and humanitarian, embodying a rare blend of modern success with timeless spiritual values.

    Academic and Military Excellence

    Abhishek’s academic journey has been marked by a consistent pursuit of knowledge, earning a Bachelor of Arts, LLB, and an MBA in Material Management. His academic foundation was further enriched by over 20 years of dedicated service in the Indian Air Force, where he received numerous accolades for his leadership, commitment, and excellence. His military background has not only shaped his personal character but has also provided the discipline and strategic thinking that underpins his business endeavors today.

    Founding MG Construction: A Vision for Innovation and Quality

    In 2022, Abhishek took a significant step in his entrepreneurial journey by founding MG Construction and General Order Supplier. The company quickly carved a niche for itself in the construction industry in North India, particularly in residential and commercial sectors. With a focus on quality, timely delivery, and innovative designs, MG Construction has emerged as a leader in creating spaces that are both functional and sustainable. Abhishek’s vision for the company is not just about building structures, but about creating spaces that nurture comfort, productivity, and environmental consciousness, particularly in the region around Lucknow.

    Abhishek’s leadership goes beyond business acumen; it reflects a commitment to enriching the lives of those who interact with his brand. His focus on designing homes that serve as peaceful retreats for families and commercial spaces that foster innovation speaks to his larger mission of creating spaces that enhance the well-being of society.

    Spiritual Service and Community Engagement

    While his business ventures have flourished, Abhishek has remained deeply grounded in his spiritual beliefs, which guide his every action. His life is a testament to the principles of selfless service, with a strong focus on uplifting the underprivileged and supporting causes that resonate with his spiritual values. Abhishek’s engagement with the spiritual community is evident in his efforts to support the construction and renovation of temples, ensuring that these spiritual centers remain places of peace for future generations.

    Abhishek’s philanthropic efforts are not confined to religious causes alone. His commitment to social equity is reflected in his support for initiatives such as the Kanya Vivah (marriage of daughters from underprivileged families). His contributions in this area have significantly alleviated the financial burden on many families and empowered young women to start their married lives with dignity and hope.

    Recognition and Awards for Humanitarian Work

    Abhishek Kumar Tripathi’s extraordinary commitment to humanitarian causes was recently recognized when he received the IPBR National Jan Seva Ratna Award from the India Proud Book of Records. The award celebrated his swift and compassionate response to a tragedy in which a family lost a former soldier in a devastating fire. His generosity and empathy have made him a beacon of hope in his community, further cementing his reputation as a leader who is as dedicated to human welfare as he is to business excellence.

    Launch of MG Pansari: A New Chapter in E-Commerce

    In addition to his ongoing ventures, Abhishek Kumar Tripathi is all set to launch a new online shopping platform—MG Pansari. This upcoming platform will offer a wide array of products, providing customers with a convenient and efficient shopping experience. With this initiative, Abhishek aims to tap into the growing e-commerce market and deliver quality products to a larger audience. The platform is expected to reflect the same values of trust, quality, and customer satisfaction that have defined his previous business ventures.

    Looking Ahead: A Vision for Employment and Social Impact

    Abhishek’s future plans include expanding his entrepreneurial ventures with the goal of generating large-scale employment opportunities, addressing regional economic challenges, and empowering individuals to contribute meaningfully to the nation’s growth. As MG Construction continues to expand and new initiatives like MG Pansari take shape, Abhishek is focused on creating a sustainable ecosystem of employment that will provide financial stability and opportunities for advancement to many individuals in his community.

    Abhishek’s vision is clear: to build not just businesses, but opportunities for others to succeed. His efforts to address unemployment, support the underprivileged, and contribute to societal growth reflect his unyielding commitment to making a positive impact on the world.

    A Legacy of Compassion and Service

    Abhishek Kumar Tripathi’s journey is one of balance—between ambition and humility, between business success and social responsibility. Through his entrepreneurial initiatives, philanthropic endeavors, and spiritual commitment, he exemplifies how a life led by values and vision can create lasting change. Whether through constructing homes, supporting the needy, or empowering communities, Abhishek continues to leave a profound mark on the world around him.

    As he moves forward, Abhishek remains steadfast in his ideals of compassion, integrity, and service. His story serves as a powerful reminder that true success is not just measured by personal achievement but by the positive impact one has on others. Through his work, Abhishek Kumar Tripathi will undoubtedly continue to inspire and uplift society for generations to come.

    https://www.abhishekkumartripathi.com & https://www.mgpansari.com

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  • Hafele’s Range of Engineered Terra Surfaces

    Hafele’s Range of Engineered Terra Surfaces

    New Delhi [India], December 16: Every story reflects a personal style, unique thought and creative imagination. Whether they are narrated through a novel, visualized through a movie or simply executed through a piece of design, stories need the right expression that can truly bring out their unique facets. In the world of design, stories are expressed through colours, textures, style and functionality. It is these aspects that make every design unique and individualistic. But, quite often, a designer finds it challenging to find such colours, textures and styles that can express the strong story behind a design. Breaking all these limitations is Terra – the latest addition to Hafele’s Range of Engineered Stone Surfaces under the Hafele Surfaces brand. This new in-house premium range of surfaces brings with it the tradition, knowledge and expertise that Hafele has in the space of Kitchens and Kitchen products. The Terra Range is Quartz dominated and is composed together with colour pigments and binding agents to form a solution that is immensely strong, versatile and creatively workable for a wide array of home applications. While kitchen countertops take a prominent spot in this list of applications, Terra also creates possibilities in Wall-cladding, Kitchen backsplashes and Bathroom countertops across the home. This surface can also find an ideal space in Office reception counters, Restaurant bar counters or even backsplashes and wall-claddings in hotel lobbies and rooms. Owing to its composition and colour consistency, Terra offers uniform and seamless design possibilities. It comes with 14 elegant yet contemporary colours that add to the versatility of this range. Each colour has a soul and unique characteristic, of its own.

    Maritime grey

    Elevate your spaces with the timeless allure of this dark grey surface. Its striking veins add a touch of drama and sophistication to any interior space.

    Denali Bluffs

    When you need a sharp and minimalist design language for your interiors, this cream coloured surface with geometric vein patterns stands out from the crowd.

    Alga Green

    Add style to any space with this surface which is a unique combination of natural design and soothing colours. The white veins add an exquisite identity to this surface, making it the center of attraction in any interior space.

    Athena Black

    Indulge in the captivating contrast of this dark grey quartz surface, accented by bold, white veins. This unique combination elevates the aesthetics of any interior space.

    Andes Grey

    The cream colour with light grey veins makes this surface the perfect choice for creating soothing interiors. The vein pattern gives this surface a soft look, making it an ideal choice for designing cozy interior spaces.

     Terra Athena Black
    Terra Athena Black

    About Hafele India

    Established as a wholly owned subsidiary of Hafele Global network, Hafele India has been operating in India since 2003. An authority in the field of architectural hardware, furniture and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces positioning itself as a complete solution provider for interior solutions in India and South Asia. Hafele India has a strong nation-wide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop-shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

    Log onto hafeleindia.com/en/info/service/contact-us to find the nearest Hafele showroom or design centre.

    Website: hafeleindia.com

    Customer Care Toll Free: 1800 266 6667

    Customer Care WhatsApp: +91 97691 11122

    Customer Care Email ID:customercare@hafeleindia.com

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  • Hafele’s Falmec Luxury Appliances

    Hafele’s Falmec Luxury Appliances

    New Delhi [India], December 16: Hafele’s Falmec Luxury Appliances are the perfect balance between state-of-the-art technology, elegance and attention to detail. Falmec’s new Elements collection transcends the usual boundaries of aspiration, transforming the fundamental function regarding the quality of the environment and everyday life into a modular, innovative, multifunctional structure that is fully integrated into the kitchen.

    Falmec Monolith Cookerhood

    Monolith is an element of the most precious design, conceived to cater for a range of needs in the most refined way. Its modern design is a handy channel equipped with a 90 cm cookerhood, that can also hold ladles, spices, knives, cutting boards and other tools, as well as electrical outlets and lends style and practicality to the kitchen. Designed for island kitchens, this system is also equipped with suffused light, lending an alluring suspended effect, while diffusing a pleasant beam of light in your kitchen.

    Established as a wholly owned subsidiary of Hafele Global network, Hafele India has been operating in India since 2003. An authority in the field of architectural hardware, furniture and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces positioning itself as a complete solution provider for interior solutions in India and South Asia. Hafele India has a strong nation-wide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop-shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

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  • Suchi Semicon unveils Gujarat’s First Outsourced Semiconductor Assembly and Testing (OSAT) Plant in Surat

    Suchi Semicon unveils Gujarat’s First Outsourced Semiconductor Assembly and Testing (OSAT) Plant in Surat

    Surat (Gujarat) [India], December 16: Suchi Semicon, a Gujarat-based semiconductor company, has officially inaugurated Gujarat’s first Outsourced Semiconductor Assembly and Testing (OSAT) plant in Surat, a significant step towards enhancing India’s semiconductor manufacturing capabilities. The state-of-the-art facility was inaugurated by Union Minister C.R. Patil and Gujarat’s Home Minister Harsh Sanghavi. The plant, with an initial area of 30,000-square-foot facility, will provide essential assembly, testing, and packaging services for semiconductor components, supporting industries such as automotive, consumer electronics, and industrial applications. Prime Minister Narendra Modi congratulated Suchi Semicon on the opening of the OSAT plant, appreciating the company’s contribution to making India self-reliant in semiconductor manufacturing. In alignment with the government’s Atmanirbhar Bharat vision, this initiative aims to reduce India’s dependency on imported semiconductors while strengthening the country’s position in the global semiconductor supply chain. The establishment of this facility in Gujarat further positions the state as a growing hub for high-tech manufacturing, fostering innovation and technological growth.

    Suchi Semicon

    Following the inauguration, Suchi Semicon proudly showcased its semiconductor chip, labeled “Made in India,” highlighting its contribution to India’s self-reliance in semiconductor manufacturing. With a $100 million investment, the plant, once at full capacity, will produce up to 3 million semiconductor chips daily. The company is also in advanced discussions to onboard a strategic technology partner to further enhance its capabilities and drive innovation. Engineered for rapid scaling, this facility is poised to meet the growing demand for semiconductors in both domestic and global markets, positioning India as a key player in the global semiconductor ecosystem.

    Established in July 2023, Suchi Semicon was founded by Ashok Mehta and Shetal Mehta. The company’s entry into the semiconductor manufacturing space is noteworthy, particularly given its origins in the textile industry. The company will start with legacy packaging to ensure quality and reliability, gradually transitioning to advanced packaging technologies as the plant scales. The company’s technical team, which brings over 30 years of experience, is fully capable of handling complex devices, but the initial focus on traditional packaging is a strategic decision to ensure smooth operations in the early stages.

    Union Jal Shakti Minister C.R. Patil said, “India is on a transformative path towards becoming a global technology hub, and initiatives like the Suchi Semicon OSAT plant are key to realizing this vision. With the government’s focus on increasing semiconductor manufacturing within India, such plants will play a crucial role in reducing dependency on imports, creating jobs, and strengthening our domestic industry. I congratulate the Suchi Semicon team for their vision and efforts in making this dream a reality, contributing to both Gujarat’s and India’s growth as leaders in technology and innovation.”

    Gujarat’s Home Minister Harsh Sanghavi said, “Gujarat has always been a pioneer in promoting industrial growth and innovation. The launch of this semiconductor plant is a testament to our state’s commitment to supporting high-tech industries and driving India’s vision of becoming self-reliant in semiconductor manufacturing. We fully support Suchi Semicon in this mission and are confident that this facility will not only contribute to the region’s economic growth but also establish Gujarat as a global leader in semiconductor manufacturing. We look forward to more such initiatives that bring innovation and create high-skilled jobs for our youth.”

    Speaking on the occasion, Ashok Mehta, Chairman of Suchi Semicon, said, “Our journey into the semiconductor industry began with a humble background in textiles, but seeing the growing gap in India’s semiconductor capabilities inspired us to take this leap. India has long been dependent on imports for its semiconductor needs, and this gap presented a clear opportunity for us to make a meaningful contribution. Starting with 300,000 pieces a day, we are laying the foundation for long-term growth, including plans to scale production and explore semiconductor design in the future. Our goal is not just to manufacture chips but also to drive innovation in the Indian semiconductor ecosystem. This facility will help us reduce supply chain delays, lower logistical costs, and support the development of a self-sustaining semiconductor industry in India.”

    “This plant features advanced Class 10,000 and 100,000 cleanroom environments and will create up to 1,200 jobs over the next five years. It is approved under Gujarat’s Electronic policy and submitted under the India Semiconductor Mission, marking a significant step towards India’s self-reliance in technology manufacturing. Surat and Gujarat are strategically positioned to support the growth of this ecosystem, with a skilled talent pool and strong local partnerships.” he added.

    The inauguration was attended by approximately 600 dignitaries, including IAS Mona Khandhar, Principal Secretary, Science and Technology, Government of Gujarat; IAS Manish Gurwani, Managing Director, Gujarat State Electronics/Biotechnology Mission; Shri Ishwar Parmar, MLA from Bardoli; Bhavini Ben Patel, Pramukh of Surat Jila Panchayat; Dr. Veerappan V.V., Chairman, IESA; A.S. Mehta, President of JK Paper.; Prithviraj Kothari, Chairman of JITO Apex; Vijay Bhandari, President of JITO Apex; Himanshu Shah, Vice Chairman of JITO Apex; and Inder Jain, Chairman of JATF, along with other key figures from the state’s semiconductor and manufacturing sectors. This marked a significant step forward for Gujarat’s emergence as a global semiconductor hub.

     

  • Zeus Hygia Lifesciences Establishes US Subsidiary to Propel Nutraceutical Innovations

    Zeus Hygia Lifesciences Establishes US Subsidiary to Propel Nutraceutical Innovations

    New Delhi [India], December 14: Started operations since 2018, founded by visionary entrepreneurs Arunkanth Krishnakumar and Shankaranarayanan, Zeus Hygia Lifesciences has rapidly ascended as one of India’s most innovative nutraceutical Ingredient companies. The company is now expanding its horizons, forming a US subsidiary to penetrate the North American market with its cutting-edge platform technologies and clinically validated nutraceutical ingredients.

    The journey of Zeus began with a shared passion for innovation and a mission to introduce the rich traditional herbs of India with science and studies to the global stage . Both founders identified  significant gaps and challenges in the traditional herbal extract market—poor aqueous solubility, low bioavailability, and limited absorption—challenges that hinder the therapeutic efficacy of many herbal formulations. By infusing science and technology into the essence of Ayurveda, Zeus has been trying to address these challenges with innovative platform technologies that enhance the physicochemical and Invivo characteristics of herbal ingredients. Each Plant Ingredient offered by Zeus is backed by robust safety and efficacy studies, setting a new benchmark in quality and reliability.

    A Legacy of Innovation

    ZeusHygia Lifesciences holds eight patents  across India and the USA. Over the years, the company has developed five proprietary platform technologies and launched seven branded ingredients, backed by more than 20 scientific studies. These groundbreaking efforts have enabled Zeus to carve out a unique identity in the nutraceutical space, with its branded ingredients being sold in over 15 countries across globe.

    Zeus has also established strategic partnerships and joint ventures with leading supplement companies in the USA, Japan, Switzerland and Korea, strengthening its global presence and creating synergies for further innovation.

    Flagship Ingredients: A Testament to Excellence

    Zeus’s product portfolio is a testament to its innovative spirit and commitment to improving global health. Among its standout ingredients are:

    • Gremin®: A patented formulation designed for the sports and active nutrition segments. Gremin is manufactured using a proprietary dual-extract embedding technology that enhances its physico-chemical and in vivo characteristics. Clinically proven to aid muscle recovery, boost energy and endurance, and improve overall performance, Gremin has become a trusted choice for athletes and active individuals.
    • Grantria®: A unique, patent-filed pomegranate extract standardized for triple bioactives. Studies have demonstrated its efficacy in reducing facial wrinkles, improving skin radiance, and addressing dark spots and pores, making it a sought-after ingredient in the anti-aging and beauty segments.
    • Stadice®: The world’s first enriched Mangifera Indica extract, designed for cognitive wellness. Clinical trials have shown that Stadice boosts memory, focus, and attention within just seven days of supplementation. Its rapid efficacy and differentiated mechanisms make it a top choice for e-sports and brain health supplements.
    • Gevalin®: A breakthrough fruit pulp powder for acidity and gastric wellness. Gevalin is the world’s first branded, science-backed ingredient derived from a traditional Ayurveda fruit standardized as per US Herbal Compendia, further cementing Zeus’s position as a leader in innovation.

    India’s Nutraceutical Growth: A Promising Horizon

    The nutraceutical market in India is experiencing exponential growth, with the dietary supplements market, valued at USD 3,924.44 million in 2020, projected to reach USD 10,198.57 million by 2026, reflecting an impressive 22% CAGR, according to a Deloitte report. This remarkable growth is fueled by several factors, including a growing geriatric population, a noticeable shift from pharmaceuticals to nutraceuticals, and an increasing focus on personalized nutrition. For a deeper understanding of this evolving industry, read the full article here: Paradox of Nutraceuticals by Deloitte (originally published on BWHealthcareWorld.com on 27th September 2023)

    India’s abundant plant resources, coupled with technology-driven companies like Zeus Hygia Lifesciences, uniquely position the country to lead this global growth trajectory. By integrating advanced manufacturing practices, premium clinical studies, and a relentless focus on quality, Zeus is not only transforming the nutraceutical landscape in India but also setting new standards globally.

    A Global Vision

    Today, Zeus Hygia Lifesciences operates out of India with a global office in the USA, exemplifying its commitment to creating a healthier tomorrow. By combining the richness of Indian herbs with state-of-the-art technology and science, Zeus is redefining the future of nutraceuticals, delivering exceptional value to supplement manufacturers and marketers worldwide.

    As one of the youngest premier nutraceutical companies, Zeus Hygia Lifesciences is a shining example of how innovation, dedication, and vision can transform challenges into opportunities. With its bold strides into the North American market, Zeus continues to push boundaries, ensuring that the rich legacy of Indian Ayurveda reaches every corner of the globe.

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  • Deep Ayurveda plans nationwide network of Clinical operations, Distribution network in India/Australia

    Deep Ayurveda plans nationwide network of Clinical operations, Distribution network in India/Australia

    Mohali (Punjab) [India], December 14: Deep Ayurveda, a trusted name in Ayurvedic manufacturing and clinical operations, is set to launch State wise CFA. District wise Distributors, and also retailers, a chain of exclusive Ayurveda Retail Stores and Clinics across India. Initially, this expansion of Clinical Operations will focus on major metro areas and Tier A, B and C cities, making it easier for people to access authentic Ayurvedic products and treatments that adhere to the company’s high standards of quality and effectiveness.

    Deep Ayurveda has recently been awarded the title of “Pioneer in Manufacturing of Ayurvedic Medicines” by the Industry & Commerce Minister of Punjab State at the Emerging Punjab MSME Conclave in Nov. 2024

    This recognition is a testament to our dedication to producing high-quality, authentic and effective Ayurvedic medicines. We’re incredibly grateful to our hardworking team, our supportive partners, and our loyal customers who have made this achievement possible.

    Deep Ayurveda has also joined hands with a famous celebrity and Actor Harish Verma. He will not only strengthen our brand but also will help Deep Ayurveda in creating it’s foot prints in US Market.

    This announcement follows Deep Ayurveda’s recent milestone achievement in the Australian market, where the company successfully launched its product range across more than 300 Indian supermarkets and Asian grocery stores. “We’re proud to be the first Ayurveda company to establish a full-fledged marketing office and warehouse in Brisbane, Queensland,” said Vishnu Datt Sharma, CEO of Deep Ayurveda. “This allows us to serve Australian customers with a selection of our best offerings, including Ayurvedic Superfoods, Shilajit Resin, and the Vedaxry personal care line.”

    A Mission to Provide Authentic, Adulteration-Free Ayurveda

    Founded in 2007 by Dr. Baldeep Kour, a well-known Ayurvedic practitioner, and Vishnu Datt Sharma, Deep Ayurveda has a mission to provide genuine, unadulterated Ayurvedic medicines to address both chronic health issues and lifestyle disorders. Recognizing the challenges of adulteration and inconsistencies in Ayurvedic product quality, Dr. Kour was inspired to expand into manufacturing and research in 2014. “As a practitioner, I encountered significant challenges with the quality of available Ayurvedic medicines,” explained Dr. Baldeep Kour. “This led us to build a solid foundation in research and development to create scientifically validated Ayurvedic solutions that meet the highest standards of efficacy.”

    Bringing Result-Oriented Ayurveda to Indian Retail

    With a legacy of over 18 years in clinical excellence and product manufacturing, Deep Ayurveda’s decision to enter the Indian retail market is a natural progression of its mission. The company’s Exclusive Ayurveda Stores and Clinics will offer customers a holistic range of Ayurvedic products and treatments aimed at promoting true wellness.

    “Our USP lies in our result-oriented approach to Ayurveda,” said Suneel Saxena, COO of Deep Ayurveda. “Our stores will feature an extensive selection of authentic Ayurvedic products, including vegan capsules, tablets, oils, powders, organic herbs, classical Ayurvedic medicines, essential oils, organic spices, and our Vedaxry range of chemical-free personal care products. With this launch, we are making it easier for people to experience the full spectrum of Ayurveda.”

    Aiming for 100 Stores, 250 Distributors and placement at 5000 Retail outlets by FY 2024-25 and Future IPO

    Deep Ayurveda’s expansion plan aims to establish 100 exclusive Ayurveda stores and clinics across India, apart from appointment of 250 Distributors, and placement at about 5000 Retailers by the end of FY 2024-25. This ambitious move is part of the company’s larger vision, which includes preparing for an IPO to further strengthen its leadership in Ayurvedic healthcare.

    About Deep Ayurveda

    With a focus on scientifically backed, result-driven Ayurvedic solutions, Deep Ayurveda combines ancient Ayurvedic wisdom with modern research to provide quality products that address a wide range of health conditions. Deep Ayurveda is committed to advancing the role of Ayurveda in global wellness.

    For more information, please visit deepayurveda.com.

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  • BOOTES Revamps Sri Lete Hanuman Ji Temple with 8.10-Acre Grand Corridor

    BOOTES Revamps Sri Lete Hanuman Ji Temple with 8.10-Acre Grand Corridor

    Gurugram (Haryana) [India], December 13:  BOOTES, India’s leading Net-Zero company, prioritises flood resistance by transforming the Sri Lete Hanuman ji Temple in Prayagraj with an 8.10-acre Grand Corridor for billions of pilgrims. This corridor, part of the Bade Hanuman ji Temple, which features a unique reclining idol of Lord Hanuman, is designed to safeguard the sanctum’s structural integrity during heavy monsoon flooding when the temple can be submerged for 4-6 weeks each year. In addition to flood protection, the corridor enhances the devotee experience with India’s first Temperature Controlled Parikrama Path using world-class hydro cooling and heating technology, patented SAFE bio-toilet technology that converts human waste to fertiliser and saves 90% water in flushing, and Public Addressing Systems.

    Situated near the Triveni Sangam—the confluence of the Ganga, Yamuna, and the mythical Saraswati rivers—the temple often faces submersion for weeks or months, depending on flood intensity and duration. This continuous exposure to river currents and sediment erodes its foundation, complicating access for devotees who require elevated pathways or boats. Protecting the ancient idol and temple – from water damage necessitates meticulous engineering efforts.

    YouTube Video LinkSri Lete Hanuman Ji Mandir Corridor: A confluence of faith and innovation.

    “Being chosen to develop the Sri Lete Hanuman ji Mandir Corridor by the Prayagraj Development Authority is a true honor. We faced significant challenges: the temple was submerged for 46 days, forcing us to halt work and restart from scratch, and we needed to finish before Kumbh Mela 2025. Constructed round-the-clock, we built the foundation at 7.8 sq m per day and the super built at 33.8 sq m per day. Remarkably, in under three months, we completed approximately 110,000 sq. feet in Phase 1. The Grand Corridor’s construction employed advanced materials and techniques to endure prolonged water exposure, all while adapting quickly to shifting river currents.” said Mr. Deepak Rai, Managing Director of BOOTES.

    To enhance the Grand Corridor’s durability, BOOTES employed advanced construction and engineering techniques. This included driving piles 14 meters deep below ground level and constructing a 450-mm-thick brick wall around the perimeter, extending from the foundation to the plinth level, which was waterproofed with stone cladding. The design also featured a robust reinforced cement concrete (RCC) framework strategically positioned below the flooring area to withstand flood conditions.

    Recognised as Asia’s fastest construction firm and the first in Asia to achieve 100% energy savings with on-site energy generation, BOOTES has combined traditional architecture with world-class construction to make the corridor India’s first net-zero religious corridor by 2025. The corridor features structural integrity and integrated systems that promote energy efficiency, water conservation, waste reduction, and operational efficiency while also positively impacting the economic, social, and environmental aspects of a sustainable future.

    BOOTES

    This corridor will also include a unique temperature-controlled Parikrama Path, designed to maintain a comfortable temperature of around 25 degrees Celsius during severe winters. Construction of the Parikrama Path is currently in progress and is set to be completed in Phase 2 of the project.

    Natural stone is used for wall cladding and flooring, minimising embodied carbon and environmental disruption during sourcing. Its durability and thermal mass properties help regulate temperatures, reducing the need for excessive heating or cooling. By employing energy-efficient equipment, BOOTES aims to minimise standby losses, enhancing operational efficiency and reducing carbon emissions.

    BOOTES has implemented its patented SAFE toilets to achieve zero waste discharge and promote water conservation. Each toilet uses only 1000ml of water per flush, compared to traditional toilets that consume 6-8 litres. Additionally, all sewage is treated on-site instead of being discharged into the Ganga River. Rainwater harvesting has been employed to facilitate percolation, and low-flow faucets have been used to save water that is in line with GRIHA standards.

    Developed for the Prayagraj Development Authority, the Sri Lete Hanuman ji Mandir Corridor is part of the extensive preparations for Mahakumbh 2025, designed to accommodate billions of devotees during the event. The corridor features 12 grand gates, representing the 12 Jyotirlingas, which enhances the site’s spiritual significance. Approximately 2,184 square meters will be allocated for visitor amenities, including a food court and other facilities for pilgrims.

    Mr. Deepak Rai emphasised, “This project is a significant step towards our goal of establishing over 500 Net-Zero Lighthouse Projects by 2030, aligning with India’s vision for Net-Zero by 2070. Our design prioritises user-friendly access and safe circulation, capable of accommodating four times the visitor traffic to ensure swift and secure movement. Committed to environmental responsibility and in harmony with religious sentiments, we have implemented a zero-waste toilet system. Additional features of the corridor comprise dedicated spaces like Bhandara griha (where visitors can sit and enjoy the prasad), a commercial area, Garbha griha (the inner sanctum where the deity is housed), effective queue management, communal puja areas, open terraces for various activities, and an expansive 8000 sq. m congregation space, alongside over 100 murals illustrating the story of Sri Hanuman Ji. The development of the Mandir Corridor is set to make a profound impact on the economy, society, and environment, stimulating tourism, bolstering local businesses, and creating jobs in construction, retail, and services.”

    About BOOTES Impex Tech Limited

    Headquartered in Gurgaon, BOOTES is India’s first Net-Zero Company with the vision to be the pioneers in transformative and sustainable building solutions and, to redefine construction industry benchmarks towards a greener, healthier and Net-Zero/Aatmanirbhar Bharat. The company provides 360-degree solutions: Design, Build, Finance, Operate, and Transfer with best-in-class technologies that reduce Operating Costs & Carbon Footprint. BOOTES delivers sustainable and Aatmanirbhar infrastructure to actualise India’s Net-Zero goals 2070.

    Presence in: STOCKHOLM | NEW YORK | GURUGRAM | CHANDIGARH | MUMBAI | JHANSI | PUNE.

    In collaboration with stakeholders, including governments, businesses, and communities, BOOTES has built and continues to build several exemplary projects in India, such as:

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  • Maruti Infrastructure Receives EOI for Strategic Partnership from MEINHARDT Group, Stock price rise 6 per cent

    Maruti Infrastructure Receives EOI for Strategic Partnership from MEINHARDT Group, Stock price rise 6 per cent

    Ahmedabad (Gujarat), December 12, 2024: Maruti Infrastructure Ltd (BSE – 531540) – a leading Infrastructure and Construction company of EWS Housing Projects and Urban Infra Projects has received the expression of Interest for strategic partnership and collaboration from MEINHARDT GROUP, Asia’s Largest Privately Owned – Global Planning, Design, Engineering, Project and Construction Management Firm. This expression of Interest is regarding partnership for providing comprehensive and innovative solutions related to various Buildings, Industrial & Infrastructure Projects, Sports & Recreation.

    The collaboration is subject to final definitive agreement to be executed between the parties and the concrete terms and conditions, roles and responsibilities for each party along with business volume shall be communicated in due course as and when finalized.

    Highlights:-

    • The company has Rs. 200 crore projects underway, slated for completion within the next two years.
    • Company approved allotment of bonus share in the ratio of 1:2 .e. one new bonus Equity Share of for every two existing fully paid up Equity Shares of Rs.2 each, to the eligible shareholders
    • At the 30th AGM approved increased in the authorised share capital from Rs. 14 crore to Rs. 20 crore
    • For FY23-24 Maruti Infra has reported revenue of Rs. 38.40 crore and Net Profit of Rs. 1.69 crore.

    Shares of small-cap company Maruti Infrastructure Ltd surged nearly 6 per cent on Thursday, December 12, defying weak market sentiment. The rally followed the company’s announcement that it has received an Expression of Interest (EOI) for a strategic partnership and collaboration from Meinhardt Group, Asia’s largest privately-owned global firm specialising in planning, design, engineering, project, and construction management.

    Meinhardt is a premier independent engineering consultancy in Asia, boasting a global presence with 61+ Global offices and a team of 6000+ staffs across the world. With a storied history spanning 69 years, Meinhardt has undertaken a wide range of projects across India in multiple sectors in last few years and their services are encompassing the project life cycle from feasibility study to Basic & Detailed design, bid process management, Procurement and project management in various sectors like Infrastructure & Master Planning, Roads, Highways & Bridges, Aviation, Metros and railways, Industrial (Semiconductor & EMS Plants, F&B, FMCG, Minerals & Metals, Iron & Steel plants etc.), Buildings, Data Centres etc.

    • Shares of Maruti Infrastructure Limited surged by almost 6% following an EOI from Meinhardt Group for a strategic partnership. The collaboration aims to innovate across various sectors
    • This expression of Interest is regarding partnership for providing comprehensive and innovative solutions related to various Buildings, Industrial & Infrastructure Projects, Sports & Recreation.

    Established in 1994, Maruti Infrastructure over the last two decades has gained a reputable position in construction industry. Company specialized in offering professional construction of management property services in residential, commercial, Industrial, EWS housing projects and urban infra projects. For the FY2023-24 company has reported revenue from operations of Rs. 38.40 crore and Net Profit of Rs. 1.69 crore.

    The Government of India is taking various steps to boost the infrastructure development in the country. Looking at the huge potential for growth in the infrastructure sector, company sees a good outlook for the in coming years. At present company is having around Rs. 200 crores projects in hand which will likely to be completed in next 2 years. Presently Company is mainly focus on construction EWS housing projects constructed under Pradhan Mantri Awas Yojana (PMAY) which is constructed for lowered income group section of society to provide their own houses. Company will also participate in upcoming Bid/ Tender issued by Ahmedabad Municipal Corporation/ other respective authorities in coming years.

    Board of Directors of the Company in their meeting held on 12 August, 2024 approved allotment of 3,12,50,000 Equity shares of Rs. 2 each as bonus issue in the ratio of l:2 i.e. one new bonus Equity Share of Rs. 2 each for every two existing fully paid up Equity Shares of Rs.2 each, to the eligible shareholders.

    The Members at the 30th AGM approved for increase in the Authorised Share Capital of the Company from existing Rs. 14 crore divided into 1.40 crore Equity Shares of Rs 10 each to Rs. 20 crore divided into 10 crore equity Shares of Rs. 2 each (post sub division).

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