Category: Business

Hyderabad (Telangana) [India], May 10: Magellanic Cloud (BSE: MCLOUD), a leading ITES & Surveillance Firm and an emerging Drone company, today announced its financial results for the Quarter and Year ended March 31, 2024. The key performance highlights are:

• Q4FY24 Consolidated PAT at Rs 39.43 crore, up 118 per cent
• Q4FY24 Consolidated Revenue at Rs 137.21 crore, up 19.63 per cent
• Q4FY24 EBITDA stands at Rs. 68.77
• FY24 Consolidated PAT at Rs 102.95 crore, up 38.93 per cent
• FY24 Consolidated Revenue at Rs 577.86 crore, up 29.4 per cent
• FY24 EBITDA stands at Rs. 201.19 crore, up 57.97 per cent
• First company to get DGCA certification for its logistics Drones
• Bagged its first major drone order worth Rs 43 crore for providing these CargoMax Series Drones

CONSOLIDATED RESULTS:

Quarter ended March 31, 2024:

• Q4 FY24 Total income of Rs. 152.12 crores, as against Rs. 116.97 crores in the corresponding previous period – an increase of 30.05 per cent
• Q4 FY24 Net profit at Rs. 39.43 crores, as against Rs. 18.02 crores – an increase of 118.84 per cent
• Q4 FY24 Earnings per share of Rs. 3.37 (On Face Value of Rs. 10/- each)

Fiscal Year ended March 31, 2024:

• FY24 Total income of Rs. 577.86 crores, as against Rs. 446.57 crores in the corresponding previous period – an increase of 29.40 per cent
• FY24 Net profit at Rs. 102.95 crores, as against Rs. 74.10 crores – an increase of 38.93 per cent
• FY24 Earnings per share of Rs. 8.81 (on Face Value of Rs. 10/- each)

Commenting on the financials, Mr. Joseph Sudheer Reddy, Global CEO of Magellanic Cloud said: “Magellanic Cloud is on a growth trajectory, propelled by innovation and bolstered by our strong performance in FY24. We are actively deploying cutting-edge technology to optimize operations and drive profitability. Our strategic partnerships reinforce our leadership in AI security solutions. With a robust order book across IT, ITES and E-surveillance, predominantly driven by GenAI projects, we are confident of achieving our FY25 revenue target. We also have plans to accelerate growth through strategic acquisitions and are evaluating 2-3 potential companies annually. Our Equity offerings will unlock this expansion, maximizing value for our stakeholders.”

With a robust order book across IT, ITES and E-surveillance, predominantly driven by GenAI projects, we are confident of achieving our FY25 revenue target. We also have plans to accelerate growth through strategic acquisitions and are evaluating 2-3 potential companies annually. Our Equity offerings will unlock this expansion, maximising value for our stakeholders.”

NET WORTH:

As on March 31, 2024, the net worth of the Company stood at Rs. 406.93 Crores.

OPERATIONAL REVIEW: FY24 – STANDALONE:

As on March 31, 2024, the total assets of the Company stood at Rs. 446.11 crores – an increase of 6.73 per cent

BUSINESS HIGHLIGHTS

DRONE BUSINESS (SUBSIDIARY – SCANDRON PRIVATE LIMITED)

Magellanic subsidiary, Scandron Pvt Ltd, is the first Indian company to get a DGCA type-certification under the Logistics and Cargo category for its CargoMax 500HE drone.

The Company has also witnessed significant offtake in the drone segment, especially with the implementation of government initiatives like the National Logistics Policy (NLP) Kisan Drone Shakti and Drone Didi. Scandron recently got its first major drone order of Rs 43 crores which will be completed in a few weeks.

ITES BUSINESS (SUBSIDIARY – JNIT TECHNOLOGIES AND MOTIVITY LABS)

JNIT Technologies and Motivity Labs, subsidiaries of Magellanic Cloud, maintained profitability through strategic cost optimization and witnessed significant revenue generation from new GenAI projects.

SURVEILLANCE BUSINESS (SUBSIDIARY – IVIS INTERNATIONAL PVT LTD AND PROVIGIL SURVEILLANCE LTD)

iVIS/Provigil, a subsidiary of Magellanic Cloud, has added 5000 new sites spanning clients across banking, warehousing, city surveillance, religious, retail and other public sites. The company has started generating revenues in FY24 by adding new products like VMS, SaaS platforms and EDGE Hardware with AI models on security incidents.

SHAREHOLDING PATTERN ON MARCH 31, 2024:

• Promoters & Promoter Group owns 6,85,42,720 shares and 58.64% shareholding.
• Public owns 4,83,36,304 shares and 41.36% shareholding.
• Total shareholders are 15847 with 11,68,79,024 shares and 100.0% shareholding.

CONSOLIDATED FINANCIAL STATEMENT HIGHLIGHTS:

• The revenue earned from operations during financial year 24 is ₹ 5,604.29 Mn, financial year 23 is ₹ 4,274.69 Mn, Y-o-Y% is 31.10%, and Q4 FY24 is ₹ 1372.06 Mn.

• The other income recorded during financial year 24 is ₹ 174.32 Mn, financial year 23 is ₹ 191.00 Mn, Y-o-Y% is 8.73%, and Q4 FY24 is ₹ 149.16 Mn.

• Total revenue earned during financial year 24 is ₹ 5,778.61 Mn, financial year 23 is ₹ 4,465.69 Mn, Y-o-Y% is 29.40%, and Q4 FY24 is ₹ 1,521.21 Mn.
• Total Expenses excluding Depreciation, Amortization & Finance Cost recorded during financial year 24 is ₹ 4,373.08 Mn, financial year 23 is ₹ 3,527.89 Mn, Y-o-Y% is 23.96%, and Q4 FY24 is ₹ 1,004.13 Mn.
• EBITDA recorded during financial year 24 is ₹ 2,011.90 Mn, financial year 23 is ₹ 1,273.62 Mn, Y-o-Y% is 57.97%, and Q4 FY24 is ₹ 687.78 Mn.
• EBITDA Margin (%) recorded during financial year 24 is 34.82%, financial year 23 is 28.52%, Y-o-Y% is 22.08%, and Q4 FY24 is 45.21%.
• Depreciation & Amortization recorded during financial year 24 is ₹ 395.11 Mn, financial year 23 is ₹ 214.73 Mn, Y-o-Y% is 84.00%, and Q4 FY24 is ₹ 108.79 Mn.
• Finance Cost recorded during financial year 24 is ₹ 211.26 Mn, financial year 23 is ₹ 121.08 Mn, Y-o-Y% is 74.48%, and Q4 FY24 is ₹ 61.92 Mn.
• PBT before Exceptional Item recorded during financial year 24 is ₹ 1,405.53 Mn, financial year 23 is ₹ 937.81 Mn, Y-o-Y% is 49.87% and Q4 FY24 is ₹ 517.08 Mn.
• PBT recorded during financial year 24 is ₹ 1,405.53 Mn, financial year 23 is ₹ 937.81 Mn, Y-o-Y% is 49.87% and Q4 FY24 is ₹ 517.08 Mn.
• Income Tax recorded during financial year 24 is ₹ 348.18 Mn, financial year 23 is ₹ 191.28 Mn, Y-o-Y% is 82.03% and Q4 FY24 is ₹ 103.94 Mn.
• Tax of Earlier Years recorded during financial year 24 is ₹ 5.41 Mn, financial year 23 is ₹ 0.07 Mn, Y-o-Y% is 7746.53% and Q4 FY24 is ₹ 16.76 Mn.
• Deferred Tax recorded during financial year 24 is ₹ 22.39 Mn, financial year 23 is ₹ 5.43 Mn, Y-o-Y% is 312.69% and Q4 FY24 is ₹ 2.06 Mn.
• Tax Expenses recorded during financial year 24 is ₹ 375.99 Mn, financial year 23 is ₹ 196.78 Mn, Y-o-Y% is 91.07% and Q4 FY24 is ₹ 122.76 Mn.
• PAT recorded during financial year 24 is ₹ 1,029.54 Mn, financial year 23 is ₹ 741.03 Mn, Y-o-Y% is 38.93% and Q4 FY24 is ₹ 394.32 Mn.

ABOUT MAGELLANIC CLOUD:

Magellanic Cloud Limited (BSE: MCLOUD) is a pioneering technology enterprise, offering software development, digital transformation, AI/IoT, and drone-based solutions for real-world applications.

Committed to harnessing cutting-edge technology, Magellanic Cloud offers transformative solutions to a global clientele and has made strategic investments in IT services, E-surveillance, and advanced drone technologies.

With a robust workforce of over 1,200 professionals and a portfolio featuring more than 100 clients, including several Fortune 1,000 companies, Magellanic Cloud is recognised for its significant market presence and capability to deliver technology-driven solutions in a competitive global landscape.

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New Delhi (India), May 10: On Mother’s Day, let’s pay homage to the unsung heroes of our lives—the mothers whose unwavering love, sacrifice, and nurturing spirit shape the very fabric of our existence. As we celebrate this special day dedicated to mothers worldwide, we turn to the insights and reflections of top health professionals who intimately understand the profound impact of motherhood on both individual well-being and broader societal health. Their perspectives offer a poignant tribute to the tireless efforts of mothers everywhere and illuminate the crucial role they play in fostering the health and happiness of families and communities.

1. Ashu Gupta – Dietician, Master’s in Dietetics, Certified Metabolic Balance coach from Germany, Member of Indian Dietetic Association & NNHS Author of “My Weight Loss Cook Book”, Founder – Ashu Gupta’s Diet Clinic, Gurgaon

Celebrating the Journey of Dietitian Ashu Gupta from motherhood to mentorship is a testament to her unwavering commitment to promoting holistic well-being. Founder of Ashu Gupta Diet Clinic in Gurgaon, her passion for nutrition began in her own kitchen, nurturing her daughters with wholesome meals. Her belief in enjoying life while making healthy choices sets her apart, earning her prestigious awards like the Best Dietician Award. Recognized for her contributions, Ashu Gupta’s clinic is a trusted haven for those seeking guidance on weight management and lifestyle disorders. Over 70% of her clientele comes through referrals, a testament to the trust and credibility she has earned. Her research on affluent adolescents’ dietary habits is followed by esteemed institutions like AIIMS. As we celebrate Mother’s Day, let’s honor Dietitian Ashu Gupta for her dedication to empowering individuals to lead healthier, happier lives. Her journey inspires us to embrace compassion, dedication, and the transformative power of positive change.

2. Dr. Barkha Chawla, Consultant Pediatrician and Developmental Pediatrician at Surya Hospitals Chembur, Mumbai

In the spirit of celebrating Mother’s Day, Dr. Barkha Chawla, a distinguished Developmental pediatrician practising at Surya Hospitals, Chembur in Mumbai, lends her insightful perspective to honor the pivotal role of mothers in nurturing the health and well-being of children. With years of dedicated practice, Dr. Chawla has become a trusted figure in the medical community, renowned for her compassionate care and expertise in pediatric health. As she reflects on her professional journey, Dr. Chawla emphasizes the profound influence of maternal instincts on child development and healthcare decisions. Through her work, she strives to empower mothers with knowledge and support, recognizing their innate capacity to provide the best possible start in life for their children. Dr. Chawla’s tribute underscores the invaluable partnership between healthcare professionals and mothers in safeguarding the health and happiness of future generations.

3. Khyati Rupani, Post-Graduation Degree in Clinical Nutrition, Dietetics & Food Service Management from IHMCTAN, Panellist of Early Childhood Association (ECA), and Founder of Balance Nutrition, Mumbai.

Khyati Rupani, a leading nutritionist and founder of Balance Nutrition, is renowned for her unique approach to reverse critical clinical conditions like PCOS, cancer, and more. She started her career as the youngest Chief Dietician at Lilavati Hospital and has authored “Getting Rid of Obesity” at the age of 23. Her journey of motherhood has been nothing short of an inspiration for those around her. She has proven that with the right nutrition and lifestyle management, anything is possible. Her 14-year-old daughter Trissha is a miracle child, as Khyati not only battled PCOS, but also lost 40 kgs to conceive her naturally. Khyati says “During Trissha’s formative years from infancy, I used all my nutrition knowledge on her food, never used baby food, but had my own recipes and formulas. The results are incredible as Trissha is above average in height, mental capabilities and overall fitness.” Today we honour and celebrate Khyati Rupani as her journey of motherhood is truly inspiring. Cheers to Khyati, a mother, a nutritionist, and an inspiration to us all!

4. Priya Mittal, Dietician & Nutritionist at Zenith Diet Clinic, Ghaziabad

In tribute to the enduring spirit of motherhood, we journey alongside esteemed health professionals, with Priya Mittal shining brightly among them as a beacon of wisdom in nutrition. Priya’s advocacy for holistic maternal health emphasizes the paramount importance of balanced nutrition during pregnancy and lactation, encouraging the consumption of nutrient-rich foods to optimize maternal and fetal well-being. Her practical guidance includes integrating leafy greens, lean proteins, and omega-3 fatty acids into daily meals. Beyond diet, Priya champions holistic wellness practices such as physical activity, stress management, and the cultivation of support networks for mothers. She empowers mothers through educational initiatives, promoting health literacy and proactive health management, advocating for preventive healthcare measures and regular wellness screenings. As we conclude this transformative journey, Priya Mittal’s insights, alongside those of her esteemed colleagues, illuminate a path of vitality, resilience, and empowered well-being for mothers worldwide.

5. Dr. Priya Parekh- MBBS Aesthetic Physician, Beautyesthetics, Pune, Maharashtra

Wishing you a very Happy Mother’s Day from Beautyesthetics! Motherhood embodies a profound journey of love and sacrifice, honoring moms everywhere—at home, at work, and in all walks of life. At Beautyesthetics, we understand the importance of prioritizing maternal wellness, recognizing that mothers often place their care last. With anemia being prevalent among women in India, we urge mothers to address commonly overlooked symptoms like fatigue and hair fall. Our tailored health and beauty packages aim to make every mom feel cherished and supported. Join us in empowering mothers with regular skin, hair care, and wellness checks by Dr. Priya Parekh and our dedicated team. This Mother’s Day, let’s celebrate and uplift mothers, enabling them to reclaim their vitality and confidence, because when a mom thrives, so does her family.

6. Reena Chopra: MA Psychology (Child Psychologist), Founder of SAAR Holistic Wellness, Chandigarh

As a child psychologist deeply engaged in the realm of child development, I have witnessed first-hand the remarkable influence mothers wield in shaping the holistic well-being of their children. Throughout every stage, from infancy to adolescence, mothers serve as the primary nurturers, guiding their children’s physical, emotional, social, and cognitive growth. I pay homage to mothers and delve into the multifaceted ways their love, guidance, and support contribute to fostering holistic child development. They provide emotional nurturing, laying the groundwork for resilience, stimulating cognitive development, sparking curiosity and creativity, and facilitating socialization, nurturing relationships and empathy. Additionally, mothers offer holistic support, nurturing the mind, body, and spirit of their children. Undoubtedly, mothers are the unsung heroes of child development, whose tireless dedication and unwavering love profoundly impact the lives of their children. This Mother’s Day and every day, let us celebrate and honor the invaluable role mothers play in nurturing holistic child development.

7. Roshni Ahirekar, Dietician – B.sc specialised in Dietetics from S.N.D.T University, Santacruz, Mumbai

Dietician Roshni Ahirekar brings valuable insights from her extensive experience since 2008, Roshni has worked at renowned establishments like Zynova Heart Hospital and Priti Slim Clinic across Mumbai. Despite familial responsibilities, Roshni pursued freelancing in Navi Mumbai, managing her roles as a wife, mother, and daughter-in-law single-handedly. Her advice to women emphasizes prioritizing health and well-being amidst busy schedules. Roshni advocates for wholesome homemade meals over processed foods, emphasizing the importance of nutrition and a balanced diet. She recommends incorporating fruits, whole grains, and regular physical activity to maintain a healthy lifestyle and manage stress. Regular health check-ups are also essential, even when feeling healthy. Roshni’s message resonates with all women, encouraging them to prioritize self-care, embrace a healthy lifestyle, and cherish moments with loved ones.

8. Dr. Ruchika Grover, MBBS, DNB, ENT Surgeon at Medicaid Hospital and Critical Care Centre Amritsar, Punjab 

“The hand that rocks the cradle can also rock the boardroom!” This quote epitomizes the multifaceted roles of healthcare professional mothers, who navigate demanding careers with unparalleled commitment and diligence. Despite their formidable success, they bear the weight of dual responsibilities – managing homes, children, and professional obligations. In Indian society, the onus of childcare primarily falls on mothers, adding to their already challenging balancing act. Yet, their unwavering dedication and precision in managing both spheres are commendable. Time management, discipline, resilience, and leadership become indispensable in their demanding lifestyles, where setbacks and gender biases persist. However, their unmatched instinct and perseverance propel them forward, overcoming hurdles to achieve their aspirations. These women represent the epitome of literacy, strength, and hard work, evidenced by research showing that children of such mothers excel in self-reliance and life skills. Society owes them support and respect, recognizing their invaluable contributions as both mothers and healthcare professionals.

9. Ruhi Rajput, Founder of Naturecurebyruhi, Delhi NCR

Ruhi Rajput, the founder of Naturecure, is renowned as one of the best dieticians in Delhi NCR, revolutionizing nutrition by advocating sustainable eating habits tailored to individual bodies through personalized diet programs. With a profound belief in the innate healing power of nature, Ruhi specializes in gut health and hormones, viewing them as pivotal for optimal health and weight management. Armed with a PG Diploma in Human Nutrition from ICI, Australia, a fellowship in Clinical Nutrition, and certification as an Ayurvedic Dietetics Nutritionist, Ruhi’s expertise is unmatched. As a mother of two boys, she embraces her role as a mompreneur, striving to instil gender equality values in her children by exemplifying balanced responsibilities both at home and in the business realm. Her guiding principle of consistency drives her through the highs and lows of entrepreneurship, emphasizing the importance of resilience and self-care amidst professional and personal demands.

10. Saumya Sharan, Senior Consultant Clinical Psychologist, Gurgaon

“It takes a village to raise a child” – and when the community doesn’t come together to support the mother, it impacts the entire society. On this International Mother’s Day, let’s become a part of the village, as we support our mothers and their Mental Health journey by being part of a system that nourishes rather than depletes. This nourishment can take the form of flexibility and freedom at the workplace, access to adequate and good quality Mental Health resources, community-based programs and workshops designed to nurture their well-being, grass root level policy changes that support them personally and professionally and being a society that collectively works on showing up for Mothers. As for Mothers, it’s important to fill your cup, focus on your Mental Fitness, reach out for help when things get overwhelming, ask for support when needed and remind yourself that there is nothing known as a perfect parent, it needs to be about striving to be ‘good enough’. 

11. Dr. Shreyasi Sharma, Founder & Director of Fetal Medicine & Genetics Centre, Gurgaon

Joy of giving reflects motherhood. There is nothing more unconditional than experiencing motherhood. Mother’s Day is celebrated once a year but for us, every day is Mother’s Day. At Fetal Medicine and Genetics Centre, we see mothers who go through an eventless pregnancy and mothers who go through inexplicable struggles and we salute the indomitable spirit of all such mothers who are willing to nurture even the faintest hope. We see the joy, the care, the expectations, the dreams, the disappointment, the hope and the myriad of untellable emotions in the journey of a mother and we are proud to walk the distance with every emotion. Be it a simple scan to a level 2 scan to complex fetal interventions, with sincerity we live the emotion with the mothers all the while striving to induce hope and happiness. The only intention is to see the million-watt smile on the face of the mother when she holds her child in her arms.

12. Simran Saini, Clinical Nutrition and Weight management Counsellor, Meditation Master & Founder at Simran’s Perfect Slim Solutions, Pitampura, Delhi

Very Humbly yet happily, I would like to share my journey as a mother of 3 adorable kids and the Founder of Simran’s Perfect Slim Solutions. Over the years I have helped numerous people through their fitness journey through my nutritional counselling. I always counsel mothers to prioritise their health along with taking care of their loved ones since they work as the foundation of a family. It is sometimes challenging to balance your time judiciously between your kids and your work or patients but with the help and support of my family and the grace of Almighty, I have seen success and appreciation at both ends. Being a mother makes me feel more complete and stronger and helps me in my emotional well-being, and being a Professional helps me retain my individual identity and confidence which is very important for every woman.

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New Delhi (India), May 10:  The Social House, in collaboration with German NGOs ‘Viva con Agua’ and ‘Welthungerhilfe’, concluded its remarkable journey with the culmination of the fifth and final event in the “Voice for Change” series. This milestone marks not only the end of a successful series but also the beginning of a greater movement towards social change and empowerment.

Since its inception, The Social House has been dedicated to driving meaningful impact through community engagement and advocacy. The “Voice for Change” series has served as a platform to address critical issues such as water sanitation, hygiene, and women empowerment, sparking conversations and inspiring action.

The concluding event, held at Shaheed Bhagat Singh Evening College, New Delhi, was a testament to the power of collective action and collaboration. Featuring captivating performances by renowned artists Kirti Chauhan, Yusra Fatma, Saraswati, and Manpreet Singh, the event also included a thought-provoking talk session on empowering women through addressing the safe water, sanitation, and hygiene crisis.

Distinguished panelists, including The Social House founder Ravie Solanky, Ms. Nivedita Varshneya (Regional Advisor Advocacy at WHH India), Ms. Aparna Lall (WASH Behaviour Change Program – India Head), and Tanya Aneja (Business Journalist), shared insightful perspectives on the need for behavioral change, corporate investment in social causes, and the pivotal role of youth in driving innovation and solutions.

Aparna emphasized the importance of individual action in affecting real change, while Tanya underscored the role of private companies in amplifying impact. Nivedita encouraged youth to leverage their time, energy, and creativity to drive new solutions forward.

Reflecting on the journey and the challenges ahead, Ravie Solanky highlighted the necessity for personal transformation and proactive engagement. He urged individuals to move beyond discussions and into action, emphasizing the importance of being socially present in the real world.

Dimpy, co-founder of The Social House, echoed this sentiment, emphasizing that while the series may have concluded, the journey towards social change is ongoing. For lasting progress, continued community engagement and activism are essential.

Viva con Agua promotes access to clean drinking water, sanitation and hygiene. We rely on activism and use the universal languages of music, sport and art for our work and our national and international projects. It supports water projects with the vision “WATER FOR ALL – ALL FOR WATER!”. Besides the air we breathe, water is the basis of all life and a fundamental human right. Viva con Agua pursues the vision of access to clean drinking water, hygiene facilities and basic sanitary provision for all people. 2.2 billion people worldwide do not have assured access to clean drinking water. About 785 million of them even lack basic water supply.

Welthungerhilfe (WHH) is one of the largest private aid agencies in Germany; politically and religiously independent. The organization fights for “Zero Hunger by 2030”. Since being founded in 1962, it has provided funding of EUR 4.46 billion for more than 10,895 overseas projects in 70 countries.In 2021 alone, WHH supported about 16.6 million people with its 526 overseas projects in 36 countries. In real terms, that means: Many people now harvest more and can therefore improve their diets. They now have clean drinking water or toilets at home, which leaves them less susceptible to illness. Others are earning or producing more and can begin an education. For the children, WHH’s support means a chance of improved physical and mental development. WHH bases its efforts on the principle of empowering people to help themselves, which it implements with measures ranging from rapid disaster relief to rehabilitation to long-term development cooperation projects with national and international partner organizations.

As The Social House looks towards the future, they remain steadfast in their commitment to addressing critical social issues and driving positive change. The “Voice for Change” series may have concluded, but the mission continues as they strive to create a more equitable and sustainable future for all.

About The Social House:

The Social House has become a cultural phenomenon and the largest poetry and storytelling platform in India in just a few short years. Founded in September 2017 by Ravie Solanky and Dimpy Dua, The Social House’s YouTube channel amassed an astonishing 50,000 subscribers in the first six months. By the end of 2018, they had reached 1 million subscribers and with over 2.6 million subscribers today, setting a record for the fastest-growing YouTube channel in their niche. The Social House provides a platform for creative expression that resonates with millions across India. They have hosted over 950 events and entertained over 100,000 live audiences. More than 5,000 artists have performed with The Social House. Through their rapid growth, community engagement, and impressive presence. The Social House has cemented itself as a household name in the poetry and arts scene.

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New Delhi (India), May 10: On Mother’s Day, we celebrate the remarkable resilience and ingenuity of women who not only raise families but also build thriving businesses. These ‘mompreneurs’ embody the epitome of multitasking, seamlessly blending the roles of caregiver and entrepreneur. In this article, we delve into the inspiring stories of several such women who have defied conventional norms, navigated challenges, and carved their paths in the business world while nurturing their families. From innovative startups to established enterprises, these stories highlight the profound impact and entrepreneurial spirit of mothers who are making waves in various industries.

1. Dr. Aarti Kapila: Founder of Cocoon

Dr Aarti Kapila is a healthcare professional with over 25 years of in healthcare and hospital administration. She is a co-founder and Board Member of Osteoskill India and Founder of SSCULPTT, a consulting company in healthcare and veterinary sciences. Through her consulting company she has guided and mentored many women-led businesses to huge growth and success, she is a Founding member of India’s largest dental start-up chain with multi-speciality dental practices, labs, mobile clinics employing, training, and deploying the largest women workforce of dental professionals. Winner of the Dr. Hari Prakash Award for Community Service. Awarded International College of Dentist-Merit Award for Community Dentistry in 2014. Scientific Committee Member of International Conference of Dental Sciences at ITS Dental College, 2015. She has been a regular contributor to Times of India, Good Housekeeping, Cosmopolitan, Femina and Grih Shobha in addition to numerous health platforms online, Dr. Aarti is a recognised Subject Matter Expert with reputed universities such as BITS Pilani and IIT Madras. Today, we celebrate the incredible woman who fills her life with love, warmth, and wisdom. To all the mothers, grandmothers, stepmothers, foster mothers, and mother figures out there: thank you for your endless sacrifices, your unwavering support, and your boundless affection.”

2. Aparna Desai: Co-founder & CEO of Ventura eLearning Global Pvt Ltd.

Aparna Desai, a sales and marketing veteran with over two decades of experience in the eLearning industry, transcends the realm of numbers with her visionary approach. Having witnessed firsthand the transformative impact of employee development, Aparna is driven by a passion to empower individuals with tech-driven immersive eLearning solutions that deliver tangible business value. Under her adept leadership, Ventura has swiftly evolved from a startup into a revered brand within just four years, serving a diverse clientele across the USA, Middle East, Europe, India, and Australia. Aparna’s relentless pursuit of excellence and unwavering focus on customer needs propel Ventura’s remarkable growth. Recognizing that success extends beyond strategic planning and the bottom line, she has fostered a thriving company culture where visionary leadership harmonizes with a fervent passion for innovation. This unique environment nurtures employee growth, fostering a sense of shared purpose and mutual success, thereby redefining leadership in the eLearning industry.

3. Dipali Chandak: Director of WX Consultants Pvt. Ltd. & Founder of Stree Udyami Foundation

Dipali Chandak, a visionary leader and devoted mother, epitomizes the essence of Mother’s Day integrated into everyday entrepreneurship. As the driving force behind WisdomXtra WX Consultants Pvt. Ltd. and the NGO SwayamShakti – Stree Udyami Foundation, Dipali embodies a model of success where business acumen intertwines with social empowerment. Through WisdomXtra, she has guided over 100 businesses, fostering leadership and management within burgeoning industries, while her NGO empowers over 2,000 rural and tribal women entrepreneurs in Maharashtra. Dipali’s commitment to nurturing others mirrors the spirit of Mother’s Day, extending beyond familial ties to uplift communities. Her story inspires us to reimagine business practices where profit aligns with societal well-being, envisioning a world where mompreneurs receive robust support and recognition. Dipali’s journey from a supportive family environment to impacting wider community networks sets a blueprint for global empowerment, urging us to celebrate and nurture the entrepreneurial spirit of mothers every day.

4. Moutushi Roy: Founder of Svojaas Fashions, awarded with “SME Awards 2023 and Women Entrepreneur Awards 2023”

Being a mother is a blessing and being an entrepreneur is a dream, necessity and identity.  But being a mompreneur is like walking on a tightrope. I had rejoined the office when he was only 6 months old. He is 21 years old now. We have faced many lows and highs in our life. As an entrepreneur Life has been tough, uphill sometimes and there are days when besides stress and tension I have no other emotion left in me l. But when I see my son so emotionally balanced, doing well in his career, fending for himself staying away from us adjusting happily the guilt trip I always had for not giving him enough time during his growing-up years lessens. His small and big accomplishments make me proud and vice versa. Am so surprised when he advises me on business and relationships and I am forced to ponder if my absence was an advantage and that has made him more independent. I am proud of my genius and that is my biggest award in life.

5. Naina Ruhail: Co-CEO & Director of Vanity Wagon

Naina Ruhail, epitomizes the essence of a modern-day mompreneur. Armed with a master’s degree in business and backed by over three years of experience in marketing tech and education from prestigious institutions like the London School of Makeup and London School of Fashion, Naina is the driving force behind Vanity Wagon (NAPSA Private Limited) and its diverse ventures. Since its inception in September 2018, Vanity Wagon has evolved into India’s leading clean beauty platform, boasting an impressive array of over 400 global brands. Under Naina’s leadership, the company has achieved remarkable milestones, securing external funding, expanding its offline and online presence, and spearheading initiatives like Better Beauty and Bellebox. Naina’s entrepreneurial journey is not only marked by financial success but also by a string of accolades, including the prestigious Women on Top Award and recognition in Business World’s 40 under 40. As she continues to lead Vanity Wagon towards greater heights, Naina Ruhail remains an inspiration for aspiring women entrepreneurs everywhere, proving that motherhood and business acumen can indeed go hand in hand.

6. Padmaja Duvvuri: Brand Narration Expert and Founder of The Story Docks

Once upon a time, I was this young girl with big dreams, navigating the world of mechanical drawings as the only female in my class. I was fueled by ambition and determination to make it big in the world of architecture. But life threw curveballs at me – a relocation, health challenges, and a shift from science to commerce happened and I was devastated. But I persevered, earning not one but three MBAs after my marriage and kids. What was left uncharged or became a catalyst for this achievement was the fuel of unwavering ambition within me. I started on my own about 2 decades ago and as an entrepreneur, I’ve carved a niche in branding and content marketing, empowering businesses through The Story Docks and Arete Technologies. But my journey isn’t just about business; it’s about giving back. Through initiatives like women’s support and mentoring programs at Shrunkhala or my green business – The Green Studio, I’ve championed social change and empowerment. So, on this International Mother’s Day, let’s keep the passion alive within us and let’s celebrate the mompreneurs – the dreamers, the doers, the unstoppable forces of nature. Together, let’s make waves and inspire generations to come.

7. Prerna Rajpal: Founder & CEO of Amaris by Prerna Rajpal

Versatile and one-of-a-kind, AMARIS reflects my journey as a proud mom and entrepreneur. Drawing from my experience as a Financial Consultant on Wall Street and my family’s heritage in jewellery craftsmanship, AMARIS embodies the essence of the modern Indian woman, crafted by and for her, regardless of geographical boundaries.

Where global savoir-faire meets Indian heritage, each AMARIS jewel is meticulously designed to resonate with the multi-faceted lifestyle and multi-cultural roots of the Indian woman. From exquisite bridal jewellery to glamorous everyday baubles, each piece is an heirloom crafted to endure generations.

As a proud mom of a 14-year-old boy and the founder of a 12-year-old brand, it’s a privilege to witness both my son and AMARIS flourish. Together, they represent the beauty of growth and evolution, reflecting the spirit of resilience and innovation that defines our brand.

8. Rekha Atri: CEO & Co-Founder of iKargos.com

Rekha Atri defied the odds in the midst of the pandemic, she founded iKargos.com with a mission to simplify global logistics through a user-friendly Logistics Management System. Lockdowns exposed the need for efficient logistics, and Atri’s team rose to the challenge, innovating and adapting. Their efforts were rewarded in 2021 with significant seed funding from GAIL (India) Limited, valuing iKargos.com at 56 Crores. This not only provided financial support but also validated their potential. 

From its beginnings, iKargos.com has grown to 22 locations across India and Dubai, solidifying its global presence. Atri’s story is one of remarkable resilience. A single mother to a toddler and daughter of an army officer, she navigates personal challenges while driving iKargos’ success, proving her unwavering commitment to both family and her entrepreneurial vision.

9. Ruchi Verma: Founder of Aaruvi Ruchi Verma

Motherhood has been the most magical journey of my life. Being a mother to a 3-month-old boy and a busy entrepreneur at the same time is not easy. But seeing my child grow every day and learn new things keeps me motivated and ready for every challenge.  Being a successful mompreneur is like raising two children- your own child and the startup that you have nurtured from its birth, exactly like a child. This dual responsibility means doing things with ruthless prioritization, discipline and empathy. It also sometimes means long hours, tiring days and exhaustion. But at the end of the day, the joy that you feel from both your child learning new skills and your business achieving new heights makes it all worth it. I hope that life brings this joy to all existing and aspiring mompreneurs out there! I look forward to taking my clothing brand Aaruvi Ruchi Verma (www.aaruvi.com) to new heights.

10. Ruma Batheja: Co-founder of Knowledgetics Research Pvt. Ltd.

As the co-founder of Knowledgetics Research Pvt Ltd, a pioneering global knowledge hub, Ruma Batheja leads with a mission to revolutionize the landscape of research, analytics, and consulting in the realms of people, process, and technology across organizations in the United States, Europe, and South Asia. Her journey as a mompreneur is a testament to her resilience and dedication, as she effortlessly navigates the intricate balance between nurturing her family and her team at Knowledgetics. Ruma’s ability to harmonize the demands of motherhood with the rigors of entrepreneurship serves as a beacon of inspiration for women worldwide.

Ruma is not just a successful entrepreneur, but a symbol of empowerment and possibility. Her story resonates with countless women, who aspire to embark on their entrepreneurial journey while embracing the joys of motherhood. Ruma continues to inspire and empower a generation of change-makers through her transformative and visionary leadership skills.

11. Suvarna Bhat: Founder of Bhoomiputri

Suvarna Bhat, an entrepreneur & Founder at Bhoomiputri.in – advises budding entrepreneurs to embrace risk and see failure as a learning experience. Seek guidance from mentors and believe in yourself. The impact is maximized by serving a wider audience. Innovation often arises from unexpected discoveries. Success comes from flawless execution, not just grand ideas. Persistence, as Krishna teaches in the Bhagavad Gita, is key. Leave the outcome to fate, but give your all. “Advice for budding entrepreneurs: Embrace risk; failure doesn’t define you if you’ve given your all. Seek guidance from experienced individuals. Be open about your challenges. Believe in yourself above all. Your impact reflects your purpose; strive to reach and serve more. Innovation often arises unexpectedly. Success hinges not just on ground-breaking ideas but on flawless execution. A sound strategy is vital, but victory lies in effective implementation. Persist in your endeavours, echoing the wisdom of Krishna in the Bhagavadgeeta: focus on your efforts, and let go of the outcome.”

12. Swati Chatrath: Co-Founder of Medical Warehouse

Meet Swati Chatrath, a beacon of hope and resilience amidst life’s chaos, mother to Arya (13) and Arjun (10). Her journey from humble beginnings to entrepreneurial success speaks volumes about determination and perseverance. Raised in a middle-class family, Swati’s parents instilled in her a strong work ethic and belief in education. After graduating with honors in Mathematics from Delhi University, she aimed for a lecturership but shifted gears halfway through her doctoral studies to embrace family responsibilities. With the support of her husband, Sanjay Chatrath, a real estate veteran, Swati ventured into launching Medical Warehouse from scratch. Despite facing challenges in a male-dominated industry, her passion and determination never wavered. Through grit and innovation, Swati’s business gained recognition, emphasizing quality and customer satisfaction. Beyond business success, Swati is a community pillar, supporting local causes. Her journey inspires aspiring entrepreneurs, affirming that with motherhood and family backing, dreams are attainable.

13. Vandana Mehrotra: Co-Founder & Director of Meteonic Innovation Pvt. Ltd.

Though Vandana began with an emotionally & financially challenging childhood, from a struggling job seeker post-graduation to climbing the corporate ladder faster than her peers, to being a victim of office politics post-maternity, to the Evolution of an Entrepreneur within her, Vandana has gone a long way, her journey has been from having nothing to having all that she desired. She started and scaled 7 diverse entrepreneurial ventures in 11 years of entrepreneurship. She has authored 2 books, featured in leading publications. Here’s her success mantra for balancing mom-preneurship and entrepreneurship.

Balancing career and family as a working mother is an ongoing journey filled with challenges and triumphs. Central to this success is the careful allocation of time and energy, prioritizing tasks, delegating when necessary, and setting realistic expectations to ensure both professional commitments and maternal responsibilities receive adequate attention. Equally vital is cultivating a robust support system, whether it’s relying on trusted childcare providers or seeking guidance from fellow working moms, to navigate the complexities of modern-day motherhood. Crucially, embracing guilt-free and stress-free parenting, forgiving inevitable mistakes, and focusing on the present moment have been transformative. Understanding personal daily limits helps avoid burnout and maintain a healthy work-life balance. Moreover, regular “me time” is non-negotiable, prioritizing self-care through activities like leisurely baths or losing oneself in a good book to recharge and be the best version for both career and family. Ultimately, this journey of balancing work and motherhood is about continual self-discovery and adaptation, leading to fulfilment in both professional endeavors and maternal roles. 

14. Vandana Tolani: Founder & CEO of Convanto

Vandana Tolani has defied societal norms in the male-dominated world of investment banking. Despite the challenges of single parenthood, her unwavering determination propelled her to found Convanto, a boutique firm specializing in fundraising and consulting for early-stage startups. Her perseverance helped her balance her role as a mother while developing Convanto from scratch. With over 25 years of rich experience in international and domestic business advisory and fund-raising, Vandana’s entrepreneurial spirit has garnered Convanto recognition, including the Best Financial Institution for Supporting Startups (2022). Her accolades as a Global Women Leader (2023) and the Pioneering Woman Leader in Investment Banking (2024) further solidify her commitment to the startup ecosystem. Extending her reach, she serves as a Venture Advisor with Loyal VC, having a core portfolio of over 220 investments in more than 40 countries, and is also a partner with a Silicon Valley-based venture builder. Vandana Tolani’s inspiring journey as a single mother breaking through barriers in investment banking motivates others to pursue their dreams with resilience.

Through her work, Vandana is making the startup ecosystem more inclusive, helping startups grow better by providing tailored solutions and strategic financial backing. Success is not about breaking glass ceilings, it’s about building an ecosystem where there are no ceilings at all.”

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Ahmedabad (Gujarat) [India], May 9: The celebratory atmosphere was palpable at the ORRA Store in Palladium Ahmedabad as the renowned jewellery brand marked its 25th Anniversary with a grand Jewellery Fest Campaign on May 7th, 2024. Attended by 40 High Net worth Individuals (HNI) women, the event was a resounding success, with guests expressing admiration for the staff and enthusiasm for the exclusive offers presented.

Guests were captivated by the exquisite collections showcased at the ORRA Store, with many engaging in one-on-one conversations with the knowledgeable staff. The event saw significant interest from attendees, with 9-10 potential customers enquiring about products and a notable sales figure of 1 lac achieved during the event.

“The overwhelming response to our 25th Anniversary Sale at ORRA is a testament to the trust and loyalty of our esteemed customers,” said a spokesperson for ORRA. “We are delighted to have provided our guests with a memorable experience, filled with exceptional offers and unparalleled service.”

The highlight of the event was the exclusive offer from Palladium Ahmedabad, where shoppers who purchased jewellery worth 1 lac were guaranteed to receive a 20gm silver coin. Additionally, guests had the opportunity to explore offerings from other esteemed brands such as Zoya, Tanishq, and a selection of luxury brands, all featuring attractive discounts and exchange values.

Feedback from attendees indicated high levels of satisfaction with the event, with many expressing anticipations for sales conversions on Akshaya Tritiya, particularly for bookings made during the event. The engagement achieved with the target audience further underscores the success of ORRA’s strategic approach.

Palladium Ahmedabad is pleased to announce the extension of its exclusive offers till May 12th, 2024, providing shoppers with continued opportunities to avail themselves of unmatched savings and rewards.

For those looking to indulge in exquisite jewellery and take advantage of these limited-time offers, ORRA invites you to visit their store at Palladium Ahmedabad.

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Ahmedabad (Gujarat) [India], May 9: The Jewellery Fest Campaign at Tanishq, located in Palladium Ahmedabad, has left a lasting impression on shoppers, with its array of exclusive offers and dazzling collections. The event, which took place on May 6th, 2024, witnessed an impressive turnout of 50 High Net worth Individuals (HNI) women, all eager to explore the exquisite jewellery on display. Shoppers had the opportunity to explore a diverse range of offerings while taking advantage of the limited-time offers available until May 12th, 2024.

Visitors to the store were enthralled by the expansive space and the diverse range of collections, many of whom were visiting Tanishq for the first time. The event was particularly timely, as attendees expressed their intention to make purchases in anticipation of the upcoming auspicious occasion of Akshaya Tritiya.

One of the highlights of the event was the irresistible offer from Palaldium Ahmedabad, where shoppers who purchased jewellery worth 1 lakh rupees were guaranteed to receive a 20gm silver coin. Additionally, Zoya enticed customers with the chance to win an exclusive Amulet Pendant by making purchases worth 1.5 lakhs* at Palladium Ahmedabad.

Tanishq, renowned for its craftsmanship and quality, offered discounts of up to 20% on making charges of gold and diamond jewellery, along with the added incentive of 100% exchange value on gold jewellery. Similarly, Orra provided discounts of up to 25% on diamond jewellery, coupled with a 100% exchange value on old gold jewellery.

“We are thrilled by the overwhelming response to our Jewellery Fest Campaign,” said a spokesperson for Tanishq. “The event not only showcased our exquisite collections but also provided our esteemed customers with unbeatable offers that make their jewellery shopping experience truly memorable.”

With the event concluded, shoppers are encouraged to seize the opportunity and avail themselves of these exclusive offers before they expire on May 12th, 2024. For those looking to add a touch of elegance and luxury to their jewellery collection, Tanishq at Palladium Ahmedabad promises an unparalleled shopping experience.

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Lucknow (Uttar Pradesh) [India], May 9: Concord Control Systems Limited (Concord), a leading provider of innovative solutions in the railway industry, proudly announces its acquisition of majority stake in a specialized pioneering Company Advanced Rail Controls Private Limited (Advanced Rail). This strategic move marks a significant step forward in consolidating Concord’s position as a key player in the global railway technology market. The transaction underscores Concord’s commitment to strategic investments that create long-term value for its stakeholders and contribute to the advancement of rail transportation globally.

The acquisition is driven by Concord’s commitment to fostering growth and innovation within the rail sector. By combining Concord’s expertise with Advanced Rail’s innovative technologies, the partnership aims to deliver unparalleled solutions that address both international markets demands and the specific requirements of the Indian railway industry. By integrating Advanced Rail’s technology and capabilities into its portfolio, Concord aims to offer comprehensive solutions that address the evolving needs of railway operators worldwide.

This acquisition represents a milestone in the journey towards providing cutting-edge solutions for the railway industry and in achieving the vision of creating a multi-platform global specialty railway business portfolio. By leveraging synergies between the companies, Concord is poised to enhance its product portfolio and deliver exceptional value to their customers worldwide.

With Concord’s extensive experience in railway technology and Advanced Rail’s track record of innovation, the collaboration is set to drive advancements in signaling, control systems, and infrastructure management. Together, the companies will explore new opportunities for growth and expansion in both domestic and international markets.

By combining the strengths with Concord, Advanced Rail are well-positioned to offer comprehensive solutions that cater to the evolving needs of the railway industry. This acquisition underscores the commitment to deliver excellence and drivepositive change in the rail sector.

About Concord Control Systems Limited:

Concord Control Systems Limited is a renowned provider of cutting-edge solutions in the railway industry. With a focus on innovation and customer satisfaction, Concord offers a wide range of products and services including signaling systems, control solutions, and infrastructure management tools.

About Advanced Rail Controls Private Limited:

Advanced Rail Controls Private Limited is a globally renowned company specializing in traction control electronics and consultancy since 2005. Notably, it designed and successfully operated a distributed wireless control system, powering the longest freight train run by Indian Railways, utilizing six locomotives and delivering 36,000 hp of traction power. Advanced Rail currently has a very vibrant order book of roughly Rs. 140 crores which are to be executed over a period of 24 months. 

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Mumbai (Maharashtra) [India], May 9: Globe Textiles India Limited (GTIL) (NSE: GLOBE), a well-known textile star exporter of fabrics and garments catering to global and domestic markets for the last decade, has announced to make an application to BSE Limited (formerly known as Bombay Stock Exchange) for the direct listing of its equity shares. This strategic move underscores Globe Textile’s commitment to enhancing transparency and maximizing value for its shareholders.

A direct listing on BSE Limited gives Globe Textiles large investor access. Direct listings provide a streamlined pathway for companies to access public markets without the traditional IPO process, thereby reducing costs and administrative complexities. Furthermore, such listings promote liquidity, fostering a vibrant trading environment for listed securities.

As per the recent submissions, Globe Textiles (India) Limited has acquired Globe Denwash Private Limited, which is an environmentally friendly facility with a Zero Liquid Discharge system and partly solar generation, which minimizes energy costs while using green energy, and the company expects a 30% uptick in revenue and a top-line of 520 crores by 2027 on a consolidated basis. The company reported revenue of Rs 399.4 crore in Dec 2023 and has a production capacity of over 2.5 lakh sq. feet, where it manufactures 36 million meters of fabric and 2.5 million bottoms per annum. It has reported robust financial results over the years, with a 10-year CAGR of 13 percent in Revenue and 13 percent Net Profit. 

Mr. Bhavin Parikh, Chief Executive Officer at Globe Textiles (India) Limited, said, “As Globe Textiles progresses with its evaluation and potential application process for a direct listing on BSE Limited, the company remains dedicated to maintaining open communication and transparency with its stakeholders, including shareholders, employees, customers, and regulatory bodies”.

Globe Textile’s decision to explore a direct listing on BSE Limited reflects its confidence in the company’s strong fundamentals, growth trajectory, and commitment to delivering sustained value to investors over the long term.

About Globe Textile:

Globe Textiles (India) Limited. (Acronym: GTIL) is a STAR Exporter of Fabrics and garments catering to global and domestic markets for the last one decade. GTIL is one of the top-ranked and highly reputed companies in the private sector, with primary business forays in exporting fabrics. GTIL operates a futuristic manufacturing facility of sheer production brilliance dedicated to garmenting for international customers in an Apparel Park. Cumulatively, the company has its production capacity sprawled over 3.5 lakh sq. feet housing various divisions. Together, it manufactures 2 million bed sets, 36 million meters of fabric and 2.5 million bottoms per annum. It has over 1200 workers and a team of over 100 staff members on board cumulatively.

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New Delhi (India), May 9: Abeer Vivek Abrol, Mumbai’s youngest art collector, embodies a legacy spanning three generations of art connoisseurship. His collection boasts masterpieces by iconic artists like MF Husain, Akbar Padamsee, Arpita Singh, Krishen Khanna, and Ram Kinkar Baij, among others. Each artwork in his possession is not merely an acquisition but a cherished relic, a portal to a world of artistic brilliance and cultural significance.

Recently, Abrol achieved a significant milestone by attaining his master’s degree in Art Evaluation from Sotheby’s Art Institution in London and New York. As the only Indian student and the youngest in his master’s course, his journey at Sotheby’s was exceptional, reflecting his passion, dedication, and commitment to the art world.

Abrol’s time at Sotheby’s was transformative. In London, he delved into the intricacies of art evaluation, honing his skills in assessing the value and authenticity of artworks. His coursework was rigorous, covering topics ranging from art history to market trends, providing him with a comprehensive understanding of the art market.

Following his stint in London, Abrol embarked on another chapter of his journey in New York, where he immersed himself in the study of art law and crime in art. This phase of his education was crucial, as it equipped him with the legal knowledge and expertise necessary to navigate the complexities of the art world.

Despite being the youngest and the only Indian student at Sotheby’s, Abrol excelled in his studies, earning accolades for his academic achievements and exemplary performance. His passion for art, coupled with his sharp intellect and dedication, set him apart, earning him respect and admiration from his professors and peers alike.

Beyond academia, Abrol’s journey at Sotheby’s was a testament to his unwavering commitment to the arts. His time spent in London and New York provided him with invaluable experiences and insights, shaping him into a formidable force in the art world.

As Abeer Vivek Abrol continues to chart new territories in the art world, his journey serves as an inspiration to aspiring art enthusiasts and collectors worldwide. His dedication, passion, and commitment to the arts reaffirm the enduring power of art to transcend boundaries and unite people from diverse backgrounds.

In Abeer Vivek Abrol, we find more than just a collector; we find a trailblazer, a visionary, and a custodian of cultural heritage. His journey at Sotheby’s is a testament to his relentless pursuit of excellence and his unwavering dedication to the arts.

Follow his journey on Instagram: @pozo_art.

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Mumbai (Maharashtra) [India], May 9:  In the ever-evolving landscape of consumer goods, the contract manufacturing industry stands as a cornerstone, facilitating the seamless production of a myriad of products across various sectors. From cosmetics, beauty, personal care to food and beverages, contract manufacturers play a pivotal role in meeting the growing demands of consumers while ensuring efficiency and quality in production processes.

The Fast-Moving Consumer Goods (FMCG) sector, in particular, has witnessed a significant surge in demand over the years, driven by factors such as changing consumer preferences, urbanization, and the rise of e-commerce. This surge has presented lucrative opportunities for players in the contract manufacturing space, who serve as the backbone of FMCG companies by providing scalable production capabilities and specialized expertise.

Amidst this backdrop of burgeoning opportunities, industry events such as the Contract Manufacturing & Private Label Expo – being held from 15 – 17 May 2024 at Jio World Convention Centre, Mumbai, India – emerge as crucial platforms for stakeholders to connect, collaborate, and stay abreast of the latest trends and innovations in contract manufacturing. CMPL Expo, recognized as the premier gathering for the contract manufacturing industry, provides a credible platform for manufacturers, suppliers, and service providers to showcase their capabilities, forge partnerships, and explore business opportunities.

CMPL has played a huge role in in giving credibility to the Indian FMCG contract manufacturing industry and is India’s only platform that connects Retailers, D2C Brands, Contract Manufacturers, FMCG Brand Owners, Specialty Retailers, Pharmacy Chains, Packaging Suppliers and other industry players, and has today successfully created an ecosystem for the industry to connect and drive business opportunities for all stakeholders under one roof.

Anurag Kedia Co-Founder, Pilgrim says “CMPL is a platform to enable the entire brand-manufacturer-supplier ecosystem to come together. It not only helps forge new partnerships but also celebrates existing ones. It helps brands grow through deepening partnerships throughout the manufacturing ecosystem. We look forward to participating.”

One of the key advantages of CMPL Expo lies in its ability to bring together a diverse range of stakeholders under one roof, fostering meaningful interactions and facilitating knowledge exchange. From industry giants to emerging startups, participants at CMPL Expo represent the entire spectrum of the contract manufacturing ecosystem, creating a dynamic and vibrant environment for networking and collaboration.

Ms Naiyya Saggi, Group Co-Founder – The Good Glamm Group states “I am excited to be speaking at CMPL, Asia’s largest platform for sourcing in contract manufacturing & private label. As an Advisory Board member, it is heartening to observe firsthand the impact this Expo has on helping manufacturers reach out to a global audience. The scale at which this is done annually is also special to experience in India. This is a must-visit expo for brands to get a complete solution on finding the right partners for their end to end requirements.”

Moreover, CMPL Expo goes beyond being a mere trade show, offering a comprehensive program of seminars, workshops, and panel discussions addressing the most pressing issues and trends shaping the industry. By providing valuable insights and thought leadership, CMPL Expo empowers attendees to stay ahead of the curve and adapt to the evolving demands of the market.

As per Arjun Vaidya, Co-Founder – V3 Ventures – “It’s a pleasure to be a part of an event like this bringing all stakeholders in one place. Manufacturers, marketers, brands and investors all under one roof. Can’t wait for it!”

“The CMPL event is a testament to our commitment to promoting contract manufacturing and private label businesses in India. This event brings together industry leaders, contract manufacturers, and entrepreneurs, offering them a platform to exchange ideas, forge partnerships, and drive innovation. We are thrilled to welcome industry professionals from around the world to CMPL Expo,” said Vicky Menezes, Founder of CMPL Expo.

In addition to fostering business opportunities, CMPL Expo plays a crucial role in driving innovation and sustainability within the contract manufacturing industry. With increasing emphasis on environmental responsibility and ethical sourcing, CMPL Expo serves as a platform for companies to showcase their commitment to sustainability initiatives and explore innovative solutions to reduce their environmental footprint.

As the contract manufacturing industry continues to evolve and expand, events like CMPL Expo will remain instrumental in driving growth, fostering collaboration, and shaping the future of the industry. By providing a conducive environment for networking, learning, and business development, CMPL Expo reaffirms its position as the premier destination for stakeholders in the contract manufacturing ecosystem.

With an anticipated attendance of over 18,000 trade professionals, the 2024 CMPL edition will be held from 15-17 May at Jio, BKC and will feature over 400 exhibitors spanning the food, beauty, cosmetics, personal care, hygiene, cleaning, packaging, and other FMCG sectors. With an unparalleled lineup of exhibitors, buyers, and speakers, this year’s expo promises to be an unforgettable event. If you’re a brand owner looking to build your brand in the FMCG industry, then CMPL Expo is the place to be!

Don’t miss your chance to be a part of the largest gathering of the contract manufacturing industry and make the most of three days of networking, sourcing, and business growth. Kindly visit the website for registration  cmplexpo.com

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