Category: Press Release

Rajkot (Gujarat) [India], February 05: Ultracab (India) Limited (BSE: 538706), a leading manufacturer and exporter of electric wires and cables, has won an order of Rs. 51.06 crore from the Maharashtra State Electricity Distribution Company Limited (MSEDCL).

The order is for the supply of LT XLPE cables of various sizes and will be completed by June 2025.

Nitesh Vaghasiya, Chairman & Managing Director of Ultracab (India) Limited, said, “This order by Maharashtra State Electricity Distribution Company Limited is a significant win for us and reflects the trust our customers have in our products. We are thankful to MSEDCL and look forward to completing the order on time.”

Founded in 2007, Ultracab is a Gujarat-based manufacturer and exporter of high-quality electric wires and cables, serving domestic, industrial, solar and elevator applications. Renowned for reliability, the company leverages advanced technology and rigorous quality control to ensure superior products. Its diverse portfolio includes domestic cables (house wires, PVC/XLPE power cables), international cables (auto cables, welding cables), and specialised cables (super flat, elevator and solar cables).

Key Highlights:

• Ultracab (India) Limited has won a Rs. 51.06 crore order from Maharashtra State Electricity Distribution Company Limited (MSEDCL).
• The order is expected to be completed by June 2025.
• Ultracab’s shares saw a nearly 4% rise, reaching Rs. 15.55, with an intraday high of Rs. 17.52 with high volume. Market cap reached Rs. 201.80 crore.
• Revenue increased by 159.5% to Rs. 57.24 crore, and profit increased by 64.6% to Rs. 2.70 crore compared to the same quarter last year.
• A Rs. 4,981 lakh Rights Issue is currently open for subscription, closing on February 11.

Ultracab’s clients include leading corporates like Tata Group, Adani Group, Jindal Group, Vedanta Group, and various public sector undertakings such as the Indian Railways, Engineers India, Power Grid Corporation, SAIL, Bharat Petroleum, Mangalore Refinery and Petroleum, Nuclear Power Corporation of India Limited, Bharat Heavy Electricals Limited, and more.

Ultracab has a state-of-the-art manufacturing facility at Shapar in Rajkot and remains committed to excellence and innovation in the cable industry. In addition to India, the company’s products are also sold in the US, the UK, UAE, Africa, Singapore, South Korea, Vietnam, Belgium, Uganda, etc.

MSEDCL is one of the largest power distribution companies in India and serves more than 2.70 crore customers throughout Maharashtra and a few suburbs of Mumbai city.

Ultracab’s shares were trading at Rs. 15.55 on Wednesday, up by nearly 4% over the previous close of Rs. 14.99. The shares touched a high of Rs. 17.52 in intraday trades. The company’s market cap rose to Rs. 201.80 crore.

Ultracab recently reported robust numbers for the third quarter of the financial year 2024-25. Its revenue was up by 159.5% to Rs. 57.24 crore in the December 2024 quarter as against Rs. 22.05 crore in the same quarter of the previous year. Profit for the quarter was Rs. 2.70 crore, an increase of 64.6% over Rs. 1.64 crore in the same quarter last year. The company’s Rights Issue of Rs. 4,981 lakh is open for subscription and will close on February 11.

Ultracab (India) Limited:

Founded in 2007, Ultracab (India) Limited, based in Rajkot, Gujarat, is a leading manufacturer and exporter of high-quality electric wires and cables. The company offers a wide range of products, including domestic, international, and specialized cables. With a state-of-the-art manufacturing facility and a commitment to innovation and quality, Ultracab serves industries across India and globally, including markets in the UK, UAE, and Africa.

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Mumbai (Maharashtra) [India], February 4: Ken Enterprises Limited, a textile manufacturer, has announced its Initial Public Offering (IPO), which is set to open on February 05, 2025. The company aims to raise ₹ 83.65 crores, with shares to be listed on the NSE Emerge platform.

Equity Share Allocation

• Non-Institutional Investors (NII) – Up to 42,27,000 Equity Shares
• Retail Individual Investors (RII) – Up to 42,27,000 Equity Shares
• Market Maker – 4,45,200 Equity Shares

Utilization of Proceeds:

• Unidentified Acquisitions in India and abroad
• Purchase of New Machinery
• Capital Expenditure for renovation of both manufacturing facilities
• Working Capital Requirements
• General Corporate Purposes

The Lead Manager to the Issue is Corporate Makers Capital Limited, The Registrar to the Issue is Skyline Financial Services Private Limited.

Mr. Nikunj Hariprasad Bagdiya, Managing Director & Chairman of Ken Enterprises Limited expressed, “The launch of our IPO is a defining moment in Ken Enterprises Limited’s journey of over two decades in the textile industry. We have worked hard to build a reputation for delivering high-quality, sustainable fabrics to renowned global brands like ZARA, Target, and Primark. Our asset-light business model, coupled with strong partnerships with third-party manufacturers, has enabled us to grow efficiently while maintaining a steadfast focus on quality and customer satisfaction.

The funds raised through this offering will drive growth, improve efficiency, and strengthen our position in the textile industry. Specifically, the proceeds will be utilized for acquisitions in India and abroad, the purchase of new machinery, capital expenditure for the renovation of our manufacturing facilities, and to meet working capital requirements. We are excited about the future and look forward to the opportunities ahead with the continued support of our employees and clients as we begin this exciting new chapter.”

Mr. Rohit Pareek, Director of Corporate Makers Capital Limited said, “Ken Enterprises Limited has built a strong reputation as a trusted player in India’s thriving textile industry, with a well-established client base that includes renowned global brands. The textile sector is at a transformational phase, with increasing demand for high-quality, sustainably sourced fabrics and advanced manufacturing capabilities. With its asset-light model, stringent quality control, and focus on innovation, Ken Enterprises Limited is well-positioned to capitalize on this shift.

With a clear vision and strong execution capabilities, Ken Enterprises Limited is set to further strengthen its presence in the textile sector. As the Lead Manager, we are proud to support the company in this significant phase of expansion.”

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Chennai (Tamil Nadu) [India], February 4:  Automation Expo South 2025 is set to be South India’s largest automation and technology showcase, bringing together 300+ exhibitors across 75,000 sq. ft. and three days of knowledge-driven events. Covering Process Automation, Factory Automation, AI, Robotics, Machine Vision, and Smart Manufacturing, the expo will serve as the ultimate platform for industry leaders, manufacturers, and technology providers.

Why Chennai?

“Chennai, a key industrial and innovation hub, is the ideal venue for Automation ExpoSouth 2025. With its strong base in manufacturing, automotive, electronics, and IT, this event will drive automation adoption and digital transformation across industries.” – Dr. M. Arokiaswamy, Founder & MD, IED Communications Ltd.

A Hub for Industrial & Technological Excellence

As India’s “Detroit”, Chennai is a powerhouse in automobile manufacturing, textiles, chemicals, energy, and engineering services. With Tamil Nadu leading in Industry 4.0 adoption, the region is rapidly integrating IIoT, AI, and cloud computing to enhance process automation.

Global Market Growth – The Process Automation & Instrumentation market is projected to exceed $101.6 billion by 2032, fuelled by increasing demand for digitalization and smart manufacturing solutions.

Major Exhibitors at Automation Expo South 2025:

Automation Expo South will feature 300+ exhibitors showcasing the latest automation solutions from across the globe. Some of the key industry players include Achievers Automation, Advantech Industrial Computing, Alstrut India Pvt Ltd, Axis Solutions Pvt. Ltd., Baumer Technologies India Pvt. Ltd., Cognex Corporation, Dynalog India Ltd, EPLAN Software Private Limited, FATEK Automation Corporation India, Gadgeon Smart Systems Pvt Ltd, Janatics Global Solutions Pvt. Ltd., Jumo India Pvt. Ltd., EATON – MTL Instruments, Nagman Instruments & Electronics Pvt Ltd.,Pepperl+Fuchs India Pvt. Ltd (PA), Phoenix Mecano India, Robonetics Automation Solutions LLP, Sanyo Denki India Pvt. Ltd., VEGA India Level and Pressure Measurement Pvt. Ltd.,Virya Autonomous Technologies, Yokogawa India Limited and many more.

What to Expect at Automation Expo South 2025?

• Cutting-Edge Technology Showcase: Witness the latest advancements in AI-driven automation, Industry 4.0, Industrial IoT (IIoT), Robotics, and Smart Manufacturing.
• Live Demonstrations & Product Launches: Experience real-time solutions in factory automation, process control, machine vision, and industrial robotics.
• Conferences & Knowledge Sessions: Gain insights from top industry experts, automation pioneers, and thought leaders on the future of automation.
•  Networking Opportunities: Connect with decision-makers, CEOs, engineers, and procurement professionals driving the future of automation.
• Start-ups & Innovation Pavilion: A special focus on emerging automation start-ups and deep-tech solutions shaping tomorrow’s industries.

Visitors are from Automotive, Aerospace, and Industrial Manufacturing, Oil & Gas, Energy, and Infrastructure, OEMS, Electronics & Semiconductor Industry, Food & Beverage & FMCG, Pharmaceutical & Medical Devices, Textile & Garment Industry – Automation in textile machinery, production, and material handling.

Concurrent Events at Automation Expo South 2025

Automation Expo South 2025 will host high-value industry conferences designed for business leaders, technical experts, and automation professionals. 3 Days of Networking, Learning & Business Growth Opportunities!

Event Details

•  Dates: 6th – 8th March 2025 Venue: Chennai Trade Centre (New Exhibition Hall)
• CEO Connect 6th March 2025 | 05:30 PM onwards New Exhibition Hall, Chennai Trade Centre
• Conference on Process & Valve Automation 7th March 2025 | 09:30 AM New Exhibition Hall, Chennai Trade Centre.
• Conference on Factory Automation & Robotics 7th March 2025 | 01:30 PM New Exhibition Hall, Chennai Trade Centre.
• Back to Basics – Hands-On Automation Course 8th March 2025 | 09:30 AM New Exhibition Hall, Chennai Trade Centre

Delegates will gain first-hand insights from industry experts, access latest technology innovations, and engage in high-level discussions on the future of automation

Join South India’s Largest Automation Gathering & Stay Ahead in the Automation Revolution!

For additional information and to register, please visit: https://south.automationindiaexpo.com.

• For inquiries, contact via email: jyothi@iedcommunications.com or call 9820093667 / 7777015667
• Conference details are also available on the portal.

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Prayagraj (Uttar Pradesh) [India], February 3:  As millions of devotees prepare to embark on their spiritual journey to Maha Kumbh 2025, Amruth Swasth Bharath which is powered by QuickVitals, An app based mobile health application, is ensuring that their health remains a top priority. With a simple scan through their mobile phones, without the need for any external device devotees can now perform a non-invasive blood test, making health checkups as effortless as offering a prayer.

The Maha Kumbh is an extraordinary convergence of faith, spirituality, and devotion. However, amidst the fervor, long hours of fasting, extended walks, and exposure to the elements, it is essential for pilgrims to safeguard their well-being. QuickVitals makes this possible with just a smartphone, empowering devotees to monitor their health anytime, anywhere in just seconds.

What is a Non-Invasive Blood Test?

A non-invasive blood test is a revolution into the health technology that allows users to check key health parameters without drawing blood through needles. Instead, it utilizes advanced AI-driven algorithms and optical sensors to analyze blood components through the skin, providing instant and accurate results. This painless and effortless method ensures that individuals can stay informed about their health without discomfort or inconvenience and at the same time making it affordable and easily accessible.

Health at Just ₹10 Per Scan

As a token of our commitment to the well-being of devotees, QuickVitals is offering a single health scan at an incredibly affordable price of just ₹10. This initiative ensures that every pilgrim, regardless of age or health condition, can keep track of their vitals, preventing health complications before they arise. After all, before seeking blessings, one must ensure their own well-being.

“We are committed to making health monitoring accessible, affordable and effortless for all. As millions gather for Maha Kumbh, our technology ensures that pilgrims can stay informed about their vitals in real time, promoting a safer and healthier experience. This initiative aligns with our vision of integrating innovation with well-being at every step of life.” – Harish Bisam, Founder, DoctorsPlus, QuickVitals & Amruth Swasth Bharath

 Why QuickVitals Should Be on Your Maha Kumbh Itinerary?

• No Extra Devices Needed: Just use your mobile phone for a quick, hassle-free scan.
• Instant Health Checkups: Monitor key health indicators such as blood oxygen levels, hemoglobin estimates, and stress index in real-time.
• Affordable & Accessible: At just ₹10 per scan, health monitoring has never been more convenient.
• Stay Safe, Stay Blessed: Avoid health risks by ensuring you’re physically fit for the spiritual journey ahead.

Amruth Swasth Bharath powered by QuickVitals transforms the way we can perceive well being during pilgrimages. Prioritizing one’s health before embarking on this sacred journey is, in itself, a godly act. This Maha Kumbh, let faith and well-being go hand in hand.

About QuickVitals
QuickVitals is an innovative mobile health application that enables users to check their health instantly without any external devices. By leveraging AI-driven technology, it provides accurate insights into key health parameters, ensuring proactive well-being at the touch of a button.

To download the app, click here: https://amruthsb.in/app/AmruthSwasthBharath.apk

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New Delhi [India], February 03: The iconic Eros Building, a quintessential part of Mumbai’s Art Deco landscape, which is the second-largest collection of Art Deco buildings in the world after Miami, served as the perfect backdrop for an evening that celebrated art, culture, and innovation. The launch of the Glass and Lighting Gallery by acclaimed designer Arjun Rathi brought new life to this historic space, blending its timeless charm with the brilliance of contemporary design.

Nestled in the heart of Churchgate, the Eros Building has long been a symbol of Mumbai’s architectural legacy. Last evening, its storied halls came alive with a modern twist, as prominent architects, artists, and cultural leaders gathered to witness the unveiling of India’s first collection of contemporary blown glass art.

The event began with a special screening of the documentary Behind The Art: Arjun Rathi, a captivating short film by Aarshi Lagarkha Rathi that explored the synergy between Arjun Rathi and master glaziers from across the globe, shining a spotlight on the Rural Modern Glass Studio. This studio, located in India’s heartland, is a beacon of innovation that harmonizes traditional craftsmanship with contemporary techniques, preserving and evolving a cultural legacy. Rural Modern Glass Studio with its impressive list of visiting and resident artists like Grant Garmezy, Erin Garmezy, Evan Schauss, Jeremiah Jacobs, Matthew Piepenbrok, Brent Sheehan, Tim Soluna, Anjali Singh, and Gage Stephens to name a few, bring their experiences and expertise from all over the world that translate into beautifully sculpted pieces like the Ganesha, Queen Cobra, Dragon Dagger, and more.

Post the screening the guests also got to interact with some of them followed by a guided tour of the Glass and Lighting Gallery, now a vibrant addition to the Eros Building. The gallery’s striking collection of blown glass art and lighting installations paid homage to the rich heritage of glassblowing while pushing the boundaries of design. Each piece reflected the skill and imagination of Indian artisans, celebrating a tradition reimagined for the modern era.

The choice of the Eros Building as the venue underscored the event’s emphasis on cultural continuity. As a heritage site steeped in history, it offered a fitting stage for showcasing how traditional crafts can thrive in contemporary contexts. The event was hailed as a milestone in blending Mumbai’s rich cultural past with its innovative present.

The evening closed with a celebration of both the preservation of the Eros Building and the bold vision of Arjun Rathi. Placing a modern gallery within a heritage site, bridges generations and reinforces Mumbai’s identity as a city where history and innovation coexist harmoniously. Mumbai’s Eros Building, with its Art Deco grandeur, now stands as a symbol of how heritage spaces can inspire and celebrate contemporary cultural milestones.

About Arjun Rathi Design Studio:
Arjun Rathi Design Studio is a cutting-edge creative space that bridges the gap between art, architecture, and lighting design. Known for its experimental and sustainable approach, the studio continues to push the boundaries of contemporary design by blending tradition with modernity.

https://www.arjunrathi.com/

About Rural Modern Glass Studio:

The Rural Modern Glass Studio is the first art-glass studio in India, exploring glass blowing and other glass production techniques to produce glass art, tableware, lighting, furniture and accessories. The studio also explores to open glass as a material to the Indian design and glass enthusiast community through workshops and production support for custom glassware.

https://ruralmodern.glass/

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Jaipur (Rajasthan) [India], February 3: Two young entrepreneurs from Jaipur, Arpit Sharma and Yashvardhan Singh, have built a performance marketing Company, Foremost Leads, that has helped businesses generate over ₹9 crore in revenue while also successfully launching multiple digital products and services. At just 20 years old, they have achieved what many take years to accomplish—scaling businesses, mentoring entrepreneurs, and becoming a dominant force in the digital marketing space.

Their journey wasn’t pre-planned. It was fueled by a strong desire to create something of their own, rather than following conventional career paths. Arpit and Yashvardhan’s success is a testament to execution, adaptability, and the willingness to take risks. What started as an internship experience soon turned into a thriving business, proving that age is no barrier when backed by ambition and hard work.

Arpit Sharma: From a Retail Store to a Marketing Empire

For Arpit Sharma, the inspiration to build something big came from his father’s relentless hard work. Growing up in a well-supported environment, he had the space to think, plan, and dream. At 16, he started spending time at his father’s retail store, Divakar Computronix & Systems, where he developed a deep interest in sales and customer interaction.

While many assumed he would simply take over his father’s business, Arpit had other plans. He wanted to create something of his own. At 17, he took an internship at a startup, which became a turning point in his life. Initially joining as a sales intern, he was soon managing multiple responsibilities, gaining firsthand experience in performance marketing, business operations, and leadership.

It was during this time that the idea of Foremost Leads was born. Arpit knew he needed a strong partner—someone honest, hardworking, and equally ambitious. That’s when he approached Yashvardhan Singh, and together, they laid the foundation of what is now one of the most promising marketing agencies in the country.

“People around me always said I was overconfident,” Arpit recalls. “But I knew deep down that I was built for something big. I never planned for this, but with God’s grace and the legacy of hard work from my father and grandfather, I’m here today.”

Yashvardhan Singh: Turning Setbacks into Success

At an age when most are just beginning college, Yashvardhan Singh had already achieved what many spend decades pursuing – building a seven-figure business by 19. Now at 20, this young entrepreneur from Jaipur has always been driven by the desire to be ahead of the curve, consistently earning the title of “youngest” in every field he ventures into.

While most 14-year-olds focused on schoolwork, Yashvardhan was already carving his niche in social media. As one of the youngest Plixxo influencers, he collaborated with leading fashion and cosmetic brands, showcasing an early talent for digital marketing that would prove crucial in his future endeavors.

By 16, his entrepreneurial journey expanded into freelance social media management and video editing. Despite initial success, Yashvardhan realized his freelancing income couldn’t match his ambitious dreams. This pushed him toward pursuing what he believed would be his path to financial success – a high-paying corporate career. Demonstrating exceptional dedication, he scored 89.4% in his 12th board examinations while simultaneously preparing for six competitive exams.

Despite securing a coveted spot at Delhi University after grueling 12-14 hour study sessions, family circumstances forced him to decline the opportunity. This setback became a turning point.

“That moment of having to let go of my dream college sparked a fire within me,” Yashvardhan recalls. “I made a promise to myself – by the time my peers would graduate from prestigious institutions like SRCC, IIM Indore and Rohtak, I would build something that would surpass their highest packages.”

True to his word, Yashvardhan transformed rejection into motivation. While his peers attended traditional classes, he immersed himself in practical skills, completed over ten internships, and continuously explored online business opportunities. The breakthrough came when he partnered with Arpit to establish a performance marketing agency.

Through countless sleepless nights and unwavering dedication, their agency achieved the remarkable milestone of crossing 9 crore in revenue for businesses. And that’s not it – he’s also the founder of Brandysize, a leading personal branding and PR agency. This success wouldn’t have been possible without the unwavering support of friends like Tejasvi and especially Arpit, whose dedication helped build a thriving team of 15 people. “Looking back, every ‘failure’ was actually redirecting me toward my true calling,” Yashvardhan reflects. “Had I landed that investment banking intern role or attended my dream college, I might never have discovered my entrepreneurial potential.”

This young entrepreneur from Jaipur exemplifies that success isn’t always about following conventional paths, but about having the courage to forge your own. At 20, having achieved his first crores at just 19, Yashvardhan Singh isn’t just a successful entrepreneur but a testament to the power of resilience and the wisdom of trusting one’s journey.

Execution Over Everything

Arpit Sharma and Yashvardhan Singh’s success isn’t a result of luck—it’s the result of relentless execution. While many talk about ideas, they took action, adapted, and built something remarkable at an age when most are just beginning their careers.

Arpit stated that their journey isn’t just about their own success—it’s about creating a wave of belief that anything is possible. He emphasized that every idea holds the potential to become a million-dollar business, and the only thing separating dreamers from achievers is execution.He further shared that they are deeply committed to helping their peers and young entrepreneurs turn their ideas into reality. Having walked this path themselves, they now want to support others in making things happen.

Yashvardhan echoed this sentiment, adding that they have always believed in taking bold steps rather than waiting for the right moment. He stated that they want to inspire the next generation to stop overthinking and start executing. He emphasized that success isn’t about having resources—it’s about having the mindset to create them.

According to both Arpit and Yashvardhan, this is just the beginning. They confidently stated that they are not stopping here—they are on a mission to build something massive. Foremost Leads isn’t just a company; it’s the foundation of a future unicorn. Their vision is clear: they aim to create a lasting impact, disrupt industries, and prove that success isn’t defined by age, background, or resources—it’s defined by execution.
https://www.linkedin.com/in/yashvardhan-founder/
https://www.linkedin.com/in/arpit-sharma-foremost-leads/

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The Union Budget 2025-26, unveiled by Finance Minister Nirmala Sitharaman, introduces the National Manufacturing Mission—a transformative initiative poised to redefine India’s industrial landscape. This mission underscores the government’s commitment to bolstering the manufacturing sector, aligning seamlessly with Yokogawa India’s vision of technological advancement and sustainable growth.

Key Pillars of the National Manufacturing Mission

The National Manufacturing Mission is structured around five pivotal focus areas:

1. Ease and Cost of Doing Business: Streamlining regulatory frameworks and reducing operational costs to create a more business-friendly environment.
2. Future-Ready Workforce for In-Demand Jobs: Investing in skill development programs to equip the workforce with competencies required for emerging industries.
3. Vibrant and Dynamic MSME Sector: Enhancing support for Micro, Small, and Medium Enterprises to foster innovation and competitiveness.
4. Availability of Technology: Promoting the adoption and development of advanced technologies across industries.
5. Quality Products: Encouraging the production of high-standard goods to meet both domestic and international market demands.

These focus areas are designed to provide comprehensive policy support, robust execution strategies, and a strong governance framework, thereby accelerating the growth of the manufacturing sector.

Strategic Investments in Key Sectors

The budget outlines strategic investments in several critical sectors:

• Skilling: Initiatives to upskill the workforce, ensuring alignment with industry requirements and enhancing employability.
• Digitization: Promoting digital transformation across industries to improve efficiency and global competitiveness.
• Healthcare: Allocating resources to strengthen healthcare infrastructure and services, contributing to a healthier population.
• Education: Investing in educational reforms and institutions to build a knowledgeable and skilled populace.
• Agriculture: Implementing programs to boost agricultural productivity and sustainability, ensuring food security.
• Electrification: Advancing electrification projects to provide reliable power supply, essential for industrial operations.

These investments are poised to shape India’s economic trajectory in the years ahead, fostering a conducive environment for industrial growth.

A notable highlight of the budget is its emphasis on clean energy initiatives, with significant investments in renewable energy, green hydrogen, and electric mobility. The government aims to accelerate the adoption of solar, wind, and bioenergy projects, fostering energy security and sustainability. Additionally, incentives for electric vehicle (EV) infrastructure and battery storage will drive India’s transition toward a low-carbon economy, reinforcing the national commitment to achieving net-zero emissions.

As a global leader in industrial automation and digital transformation, Yokogawa India is uniquely positioned to contribute to the objectives of the National Manufacturing Mission. Our expertise aligns with the mission’s focus areas, enabling us to:

• Enhance Ease of Doing Business: By providing advanced automation solutions that streamline operations and reduce costs.
• Develop a Future-Ready Workforce: Through training programs and collaborations that equip professionals with skills in cutting-edge technologies.
• Support MSMEs: Offering scalable solutions tailored to the needs of small and medium enterprises, fostering innovation and growth.
• Facilitate Technology Adoption: Leading the integration of advanced technologies such as IoT, AI, and machine learning in manufacturing processes.
• Ensure Quality Products: Implementing precision control systems that enhance product quality and consistency.

Our commitment to sustainability aligns with the budget’s clean energy initiatives. We are dedicated to developing and implementing solutions that reduce environmental impact, supporting India’s transition to a sustainable energy future.

The Union Budget 2025-26, through the National Manufacturing Mission and strategic sector investments, sets a clear path for India’s industrial and economic advancement. Yokogawa India is committed to leveraging these opportunities to drive innovation, efficiency, and sustainability across industries, contributing to India’s emergence as a global manufacturing hub.

The Author is the MD of Yokogawa India, the Indian subsidiary of  the Japanese Electrical Engineering and Software company. Views expressed above are the author’s own.

Author: Sajiv Nath

New Delhi [India], February 03: In a world dominated by rapid technological advancements and cutthroat competition, the essence of business lies not in profits but in people. As Maruf Ahmed, CEO of Dexian, reflects, “True leadership is about empowering individuals. When people thrive, the business flourishes naturally.”

This philosophy forms the bedrock of organizations like Dexian, which believe that the intersection of people, business, and finance holds the secret to long-term success. The focus isn’t merely on bottom lines or market shares but on the human potential that drives these metrics.

The People First Approach: A Paradigm Shift

The age-old adage “people are our greatest asset” is often relegated to corporate platitudes. However, companies that genuinely prioritize their workforce—their growth, well-being, and aspirations—are reaping unparalleled rewards. According to Dexian’s Humankindex Study, organizations that lead with kindness and empathy are three times more likely to be considered innovative. Furthermore, 70% of these companies report a significant competitive advantage, proving that kindness in leadership is not just a moral stance but a strategic asset.

Maruf Ahmed underscores this sentiment, sharing, “When we invest in the growth of our people, we’re not just building careers; we’re shaping the future of the business itself.”

This human-centric approach isn’t merely about fostering a positive work environment. It’s about recognizing the boundless potential within each individual. Employees today seek purpose and growth over perks. In fact, 60% of workers, as per the Humankindex Study, prioritize meaningful work over a 5% pay increase. This trend underscores the shifting priorities of a modern workforce that values purpose and engagement over monetary incentives.

The Business of Bridging Talent Gaps

In today’s volatile market, businesses are grappling with unprecedented talent gaps. Organizations must pivot from being employers to enablers of continuous learning and development. As Maruf highlights, “The talent gap isn’t just a challenge; it’s an opportunity to reimagine how we equip our workforce for the future.”

The rise of upskilling platforms, micro-credentialing, and AI-powered learning tools speaks to this need. Companies investing in the professional development of their employees not only close talent gaps but also build a resilient workforce ready to tackle future challenges. According to LinkedIn’s 2024 Workplace Learning Report, 76% of employees say that opportunities for growth are a top factor in job satisfaction, yet only 40% of companies actively invest in structured learning programs. This gap presents a significant opportunity for forward-thinking organizations to lead the way.

Innovation Through Empowerment

Innovation thrives in environments where people feel valued and supported. Contrary to fears that technology, especially AI, will replace jobs, it’s evident that AI cannot supplant human ingenuity. Maruf offers an inspiring perspective: “AI is a tool, not a threat. It complements human creativity and enables us to achieve the extraordinary.”

This mindset not only alleviates fears about technological displacement but also encourages employees to harness technology as a tool for innovation. By creating a culture that celebrates human ingenuity, companies can inspire groundbreaking solutions and foster an entrepreneurial spirit within their teams.

For instance, Dexian’s investment in next-generation technologies like cognitive computing and advanced analytics isn’t just about staying ahead of the curve. It’s about empowering their people to think bigger and achieve more.

Financial Success as a Byproduct of People-Centric Leadership

A company’s financial metrics are often viewed as the ultimate measure of success. However, organizations like Dexian demonstrate that economic success is a natural byproduct of people-centric leadership. When businesses prioritize their workforce, they unlock unparalleled levels of engagement, productivity, and loyalty.

Recent statistics support this approach. A Gallup study reveals that highly engaged teams show a 21% increase in profitability. Moreover, companies with robust employee well-being programs experience 41% lower absenteeism and 59% lower turnover rates. These figures underscore the undeniable link between employee satisfaction and financial performance.

Maruf encapsulates this ethos, saying, “The true measure of success lies in how we uplift those around us. Financial growth follows when we lead with purpose and care.”

The Role of Leadership in Shaping a People-First Future

Leadership plays a pivotal role in embedding these principles into an organization’s DNA. Leaders must shift from traditional hierarchies to roles as mentors and enablers. By creating inclusive spaces where employees feel heard and valued, leaders can inspire trust and foster collaboration.

Dexian’s leadership framework exemplifies this shift. Through initiatives like mentorship programs, cross-functional team collaborations, and continuous feedback mechanisms, the company ensures that every employee has a voice and a path for growth.

Balancing People, Business, and Finance: A Delicate Art

Balancing the triad of people, business, and finance is no small feat. It requires a commitment to long-term goals over short-term gains. Companies must resist the temptation to prioritize immediate profits at the expense of their workforce.

As per a Deloitte report, companies with a balanced approach to people and profits are 2.3 times more likely to be industry leaders within a decade. This balance is achieved by aligning business strategies with human-centric values, ensuring that financial goals never overshadow the well-being of employees.

Maruf’s philosophy serves as a guiding principle for this balance: “By nurturing a culture of learning and empathy, we create a legacy of success that resonates far beyond the balance sheet.”

Looking Ahead: The Future of Work

The future of work lies at the intersection of technology and humanity. Companies must prepare for a hybrid reality where human creativity and technological efficiency coexist harmoniously. This preparation involves:

1.Investing in AI and Technology: Leveraging AI to enhance, not replace, human potential.

2.Fostering Lifelong Learning: Encouraging employees to embrace continuous development.

3.Leading with Empathy: Embedding kindness and respect into every layer of leadership.

4.Prioritizing Purpose: Aligning business objectives with meaningful goals that resonate with employees and communities alike.

Dexian’s journey offers a blueprint for organizations navigating this new landscape. By championing people-first policies and embracing innovative practices, the company has created a model that is as sustainable as it is impactful.

The philosophy of people, business, and finance is not just a strategy; it is a transformative vision for the future. By putting people at the heart of operations, businesses can unlock untapped potential, drive innovation, and achieve lasting financial success.

Maruf Ahmed’s words echo this truth: “The greatest investment a leader can make is in people. Their growth fuels the engine of progress and innovation.” This belief is not just a mantra but a call to action for organizations worldwide to redefine what success truly means.

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Mumbai (Maharashtra) [India], February 3:  Somaiya Vidyavihar University proudly announces the Somaiya Innovation and Impact Festival (SIIF), to be held on 21st and 22nd February 2025 at its 60+ acre zero-waste campus.

Drawing inspiration from nature, this year’s theme focuses on “Empowering Communities through Conversations, Collaborations and Creativity” highlighting the collaborative brilliance of bees as a superorganism and their collective approach to achieving success. Applications for participation are open to 10th February 2025.

An initiative of Somaiya Vidyavihar University, organised by Research Innovation Incubation Design Laboratory Foundation (riidl Somaiya Vidyavihar) and Somaiya School of Design, with support from Department of Science & Technology, Government of India and Maharashtra State Innovation Society, Government of Maharashtra, this transformative event integrates Somaiya Vidyavihar University’s signature events — Maker Mela, Darwin, and Nazariya — into a unified platform for promoting impactful innovation and entrepreneurship.

The festival will feature a distinguished lineup of speakers including Shantanu Deshpande, Founder & CEO, Bombay Shaving Company, who will deliver the keynote address. Dr. Niranjan Hiranandani, Founder & Chairman, Hiranandani Group, will speak at the Sustainable Fashion and Lifestyle hive about Conscious Consumerism and Sustainable Living, and Saiwyn Quadras, renowned Indian screenwriter, will serve as a jury member for the Innovation & Impact Storytelling Contest. Dr. Shiva Subramaniam, Co-founder & Director of Innovation at Biomimicry Compass, will mentor the Fablab Hive and also deliver a keynote at the KJSPARC Physiotherapy Conference. Workshops, such as one led by calligraphy expert Achyut Palav, will offer attendees the opportunity to engage in hands-on creative experiences.

The festival will also feature a special hackathon under the mentorship of Dr. Subhajit Mukherjee, Founder of Mission Green Mumbai, focused on addressing Mumbai’s water crisis.

During the 2-day festival, the university campus will transform into dynamic “hives” showcasing innovative startups and projects with hives focused on Sustainable Fashion and Lifestyle, Fablab, Wellness, XR, AI, Art, Design, Physiotherapy, and a special Mumbai Hive.

The Key attractions at SIIF include:

• Mumbai’s Water Crisis Solution: Mentorship sessions with Dr. Subhajit Mukherjee focusing on sustainable solutions to tackle the city’s water challenges.
• Samaaj Sarkar and Bazaar round table curated by Blue Ribbon Movement and Mumbai Donut Colab.
• Innovative XR Hackathon: Led by Krupalu Mehta, Founder & CEO of Parallax Labs in collaboration with Team Vision, K J Somaiya School of Engineering.
• SnapAR immersive experience zone with XDG
• XR & AI experience hive will explore cutting-edge immersive technologies.
• KJSPARC’s 2nd International Physiotherapy Conference, the Art Hive buzzing with creative workshops, and the Under 25 Summit, supported by Zerodha.
• Sustainable Fashion and Lifestyle meetup, spotlighting eco-friendly innovations in the fashion industry.
• Storytelling Contest, giving participants a chance to narrate their stories of innovation and impact through reels.
• Launch of Somaiya Angel Network
• Frelo Portfolio 101 event to help propel design careers
• Fun drone and XR gaming zones & numerous nooks to rest and relax

Other attractions include diverse immersive workshops, thought provoking installations, celebrating the city’s unique culture and creativity.

Shri Samir Somaiya, Chancellor, Somaiya Vidyavihar University, shared: “At Somaiya Vidyavihar, we believe that fostering a culture of innovation and impact is essential to addressing the challenges of tomorrow. The Somaiya Innovation & Impact Festival exemplifies our commitment to nurturing creativity, entrepreneurship, and collaboration across disciplines. By bringing together diverse minds, the festival seeks to celebrate ideas that inspire change and solutions that empower communities. It reflects our vision of creating a world where knowledge leads to action and progress.”

Dr. Irfan N A Siddavatam, Professor & Director, Somaiya School of Design, said “At Somaiya School of Design, we believe design is inherently multidisciplinary, shaping solutions with aesthetics and purpose. Celebrating a festival brings institutions across Somaiya Vidyavihar together to ignite creativity, driving innovation and entrepreneurship in the country. Such events empower individuals to think beyond boundaries, integrate design thinking into problem-solving, & create impactful solutions. By championing design, we cultivate a culture of innovation. We’re excited to integrate diverse initiatives across campus, with design playing a pivotal role in driving innovation.”

Gaurang Shetty, Chief Innovation Catalyst, riidl Somaiya Vidyavihar, said, “The Somaiya Innovation and Impact Festival is a celebration of the transformative power of ideas and collaboration. With a focus on impact-driven innovation, we aim to create an ecosystem where startups, innovators, and thought leaders can thrive and leave a lasting imprint on society. We invite all passionate change-makers to join us in shaping a sustainable and innovative future.”

The previous edition of the innovation festival, Maker Mela, had showcased groundbreaking innovations with notable success stories like Tusk created by Nikunj Choudhari and Atul Zanjurne, which secured an MSInS Seed Fund of INR 10 Lakhs and was selected for the CES 2025 in Las Vegas. WatchOut Wearables, founded by Abhishek Baheti and Noopur Baheti, was recognized as Maker of the Year at Maker Mela 2024 and selected for CES 2025. Similarly, Ayka Control Systems, founded by Jash Sheth and Mihir Bhanushali were winners at the Innovation Challenge Demo Day by Panasonic India in collaboration with T-Hub.

With a focus on collaboration, creativity, and impact-driven innovation, SIIF 2025 promises to be a transformative event that empowers startups, innovators, and thought leaders to shape a sustainable and innovative future.

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