Tag: Business

Indore (Madhya Pradesh) [India], January 3: The second edition of the Indore International Grandmaster Chess Tournament, the largest chess tournament in Central India, is set to take place in Indore. Over 800 players from 20 countries will participate in this tournament, which will run for 8 days. The competition boasts prizes worth 3.5 million rupees.

The chess event is organized by the IPS Academy, Malwa Chess Association, and All Indore Chess Association. The organizing committee, headed by Shri Achal Chaudhary, Shri Akshat Khamparia ,Secretary and International Master), Shri Sunil Somani  and Anil Fatehchandani ,Director of the Competition , announced that the mega chess event will be held from January 9th to January 16th under the supervision of the Madhya Pradesh Chess ad Hock Committee. The tournament will take place at the IPS Academy premises in Rajendra Nagar.

A total prize of 2.1 million rupees is allocated for the Masters category, while 1.4 million rupees will be distributed in the Challengers category. Players from 20 countries, including India, the United States, Canada, Italy, Germany, South Korea, France, Bangladesh, Nepal, and Sri Lanka, are participating in the tournament. Grandmaster Praveen Thipsay will be present in Indore for commentary during the event.

Shri Akshat Khamparia highlighted that the competition will utilize digital boards, allowing chess enthusiasts worldwide to witness live moves during the tournament. The live broadcast of the competition will be available on various online platforms, enabling global viewers to follow the games. The event is supported by Indore Collector Shri Ilaiyaraaja T, Police Commissioner Shri Makarand Deuskar, Shri Muktesh Singh, IPS Rishabh Gupta, and Siddharth Jain.

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New Delhi (India), January 2: Gold’s appeal as a safe haven investment and a perfect hedge against inflation is likely to continue in 2024 as consumers face high commodity prices and elevated interest rates worldwide, thus overheating financial markets. Therefore, investment in gold against alternate asset classes, including crude oil, real estate, bonds, and bank deposits, may yield better returns in 2024.

In 2023, gold outperformed other investment products as safe-haven buying triggered by the United States interest rate pause, geopolitical uncertainties, and high inflation amid a global economic slowdown. With 13% returns, gold continued to be the most attractive investment option in 2023.

The precious metals saw uninterrupted buying interest from investors, supported by a recent Santa rally in the equity markets during the Christmas season. Glittering is better than risk-free investment avenues such as bank fixed deposits (FDs), public provident funds (PPF), and other government-supported small saving schemes. Consumers’ appetite was seen throughout the year across all forms of gold products, such as physical, bonds, and paper gold.

Gold has proved as the biggest financial security during global economic slowdowns. Major economies, such as the United States and China, continue to face challenges in picking up the growth rate of the pre-pandemic level. Gold has proven to be the biggest assurance for future growth. Investors have been buying bullion this year due to fears of an imminent economic slowdown. They are taking a long-term perspective on gold, as the lustrous metal has yielded over 11% returns in the last 20 years.

Saiyam Mehra, Chairman of All India Gems & Jewellery Domestic Council (GJC), stated, “Gold has been a timeless allure for Indian consumers following a similar trend overseas, reaching an all-time high record of Rs 64,460 per 10 grams during this year and outshined other asset classes in 2023. In the international markets, spot gold surpassed the previous record high of $2081 an oz. This signifies that consumers’ appetite for gold is growing. It is always prudent to add gold to your portfolio for assured income and better returns. Continuing the global economic uncertainty will certainly catapult gold to much higher levels in 2024.”

Rajesh Rokde, Vice Chairman of All India Gems & Jewellery Domestic Council lauded gold’s returns in 2023 and hoped that this trend will continue in 2024 as well. “The US banking crisis, the real estate menace in China, the prolonged Ukraine war, and the Middle East instability increased investors’ confidence towards gold. High global inflation and continuous interest rate hikes also raised concerns about the global economy and increased gold’s appeal as the best option for assured future returns, at least during times of crisis. Looking at the bright prospects, global central banks purchased 800 tonnes of gold in 2023. Therefore, the year 2024 offers immense potential and perhaps the only investment option for assured returns.”

Economic uncertainties and geopolitical tensions suggest a 2024 rise in gold prices which emphasizes the yellow metal as a vital portfolio hedge during downturns. Gold prices may see an upsurge of $2,300 an oz, translating thereby to Rs 70,000 per 10 grams in 2024. Despite forecasts for projecting gold to reach new highs next year, uncertainties persist. If economic conditions worsen, driving increased demand for defensive assets, gold prices could rise, offering a potential upside beyond all past predictions.

About GJC: All India Gem and Jewellery Domestic Council (GJC) represents lakhs of trade constituents comprising manufacturers, wholesalers, retailers, distributors, laboratories, gemologists, designers and allied services to the domestic gems & jewellery industry. The Council functions with the objective to address the industry, its functioning, and its cause with a 360° approach to promote and progress its growth, while protecting the industry’s interests. GJC, since the last 15 years, has been serving as a bridge between the government and the trade by undertaking various initiatives on behalf of and for the industry.

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New Delhi (India), January 2: Renowned Bollywood actress Ruchi Gujjar has taken a significant step towards contributing to society with the launch of the Shree Ram Janhit Kalyan Foundation, a non-governmental organization committed to serving various community needs.

Born in the scenic village of Mehara Gurjarwas in Khetri, district Jhunjhunu, Rajasthan, Ruchi Gujjar has not only captured the hearts of audiences with her versatile talent in the entertainment industry but is also making a profound impact through her philanthropic endeavors.

Shree Ram Janhit Kalyan Foundation, initiated by Ruchi Gujjar, is dedicated to uplifting the community in multifaceted ways. The foundation has actively supported students in their educational pursuits, ensuring that financial constraints do not hinder their academic growth. By providing scholarships and educational resources, the foundation aims to empower the youth and contribute to a brighter future.

In addition to its focus on education, the foundation has been instrumental in addressing cattle welfare by providing sustenance and care. Recognizing the importance of these animals in the agrarian society, the Shree Ram Janhit Kalyan Foundation aims to improve the well-being of cattle and support local farmers.

Furthermore, the foundation extends its reach to assist the underprivileged by providing food, shelter, and other essentials to those in need. Ruchi Gujjar, along with the dedicated team at Shree Ram Janhit Kalyan Foundation, has been actively involved in visiting and supporting old age homes, creating a positive impact on the lives of the elderly.

Ruchi Gujjar expressed her passion for contributing to society, saying, “I believe in using my platform to make a positive difference in the lives of others. Shree Ram Janhit Kalyan Foundation is a manifestation of that belief, and I am dedicated to creating a lasting impact on society through our various initiatives.”

The foundation’s commitment to social welfare has garnered widespread recognition, and Ruchi Gujjar’s efforts are being lauded by both the entertainment industry and the community at large. Shree Ram Janhit Kalyan Foundation stands as a beacon of hope, making a tangible difference in the lives of students, cattle, the poor, and the elderly.

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New Delhi (India), January 2: In the bustling heart of the National Capital Region (NCR), a dynamic duo, Mahima Luthra and Nishant Luthra, have carved a niche in the delivery business with their brainchild, Regalo Delights. Specializing in the delivery of delectable bakery foods and heartwarming gifts, this innovative company has become synonymous with joyous surprises and delightful moments.

About Regalo Delights

Founded in the vibrant city of New Delhi, Regalo Delights takes pride in being a pioneer in the delivery industry, focusing primarily on Bakery Foods and Gifts. The company’s commitment to quality and customer satisfaction has propelled it to the forefront of the competitive market.

Products Offered

Regalo Delights caters to the diverse tastes and preferences of its customers, offering a wide range of products, including cakes and bouquets. The bakery section features an array of mouth-watering cakes, from classic flavors to innovative creations. The gift section showcases thoughtfully curated bouquets, making Regalo Delights a one-stop destination for all celebratory occasions.

Area Served

Strategically headquartered in Rohini sector 7, New Delhi, Regalo Delights extends its services across the expansive Delhi NCR region. The company’s reach spans key areas, ensuring that residents and businesses alike can experience the joy of receiving fresh, high-quality bakery items and unique gifts promptly.

Founders – Mahima Luthra & Nishant Luthra

The driving force behind Regalo Delights, Mahima Luthra, and Nishant Luthra, are visionaries with a passion for creating memorable experiences. Their journey began with the aim of bringing smiles to people’s faces through the simple yet profound act of gifting. The founders’ dedication to their craft and commitment to excellence have laid the foundation for Regalo Delights’ success.

Innovation in Every Delivery

Regalo Delights stands out not only for its delectable products but also for its innovative approach to delivery services. The company employs advanced logistics solutions to ensure that each item reaches its destination in pristine condition. The commitment to timely and secure deliveries has earned Regalo Delights a reputation for reliability and trustworthiness.

Online Presence – www.regalodelights.com

In today’s digital age, Regalo Delights has embraced technology to enhance the customer experience. The company’s user-friendly website, www.regalodelights.com, serves as a virtual storefront where customers can browse the extensive product catalog, place orders, and track deliveries seamlessly. The online platform reflects Regalo Delights’ commitment to staying ahead of the curve in the ever-evolving e-commerce landscape.

Customer-Centric Approach

Regalo Delights prioritizes customer satisfaction, and this ethos is evident in its customer service practices. The company’s dedicated support team is available round the clock to address queries, provide assistance, and ensure that each customer’s experience is nothing short of delightful.

Community Engagement and Social Responsibility

Beyond business success, Regalo Delights is committed to giving back to the community. The company actively engages in social responsibility initiatives, supporting local causes and charities. This commitment to making a positive impact reflects Regalo Delights’ belief in using its success to contribute to the well-being of the society it serves.

Future Endeavors

As Regalo Delights continues to grow and evolve, the founders remain focused on expanding their product offerings and enhancing the overall customer experience. The company envisions becoming a household name, synonymous with quality, reliability, and joyous celebrations across the Delhi NCR region.

In conclusion, Regalo Delights has established itself as a beacon of excellence in

the competitive world of delivery services. With its delectable bakery foods, thoughtful gifts, and unwavering commitment to customer satisfaction, the company is poised to continue spreading happiness and creating memorable moments for years to come. As they say at Regalo Delights, every delivery is not just a package; it’s a gesture of love and celebration.

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Ludhiana (Punjab) [India], January 1: Stepping beyond print and digital news domains, Ludhiana-based daily Hindi newspaper Uturn Time announced the launch of its multi-language news satellite channel — N1, an international Hindi news channel. It marks a promising expansion for the brand, known for its tagline “The Good, Bad and Ugly of India,” following its successful establishment in Ludhiana and Chandigarh through both print and digital platforms.

Driven by a gap in city-centric business news coverage, Uturn Time carved its niche by focusing on hyperlocal business updates and fostering strong distribution networks in key regional markets. “We prioritise ethical journalism devoid of bias,” asserted the team, highlighting their commitment to in-depth reporting and issue follow-up to raise public awareness.

Their journey began in January 2020 with the digital platform ‘Jan Hetaishi,’ a crucial launchpad during the COVID-19 pandemic. Two years of dedicated effort culminated in the launch of Uturn Time’s daily Hindi newspaper on January 14, 2022, showcasing the team’s mastery of digital and print media.

Fueled by this success, Uturn Time’s expansion vision transcends regional boundaries. Their upcoming international Hindi news channel, N1, reflects this ambition, aiming to deliver diverse perspectives and cater to a wider audience. “We don’t buy TRPs,” their group tagline boldly declares, “We Win Trust.” Committing to ethical and impactful journalism promises to guide their foray into the satellite news landscape.

Uturn Time’s launch of its international Hindi news channel, N1, marks a prominent milestone in the media industry of Punjab and beyond. Their focus on city-centric business news and their dedication to ethical and unbiased reporting positions them for a promising future as they strive to win viewers’ trust across languages and regions.

For more information, please visit:-
https://uturntime.com/

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Mumbai (Maharashtra) [India], January 1: CWD Limited, a distinguished player in innovation and manufacturing, is pleased to announce its strategic entry into the smart meters segment with a ground-breaking communication solution designed to operate on the 2.4GHz frequency.

CWD Limited’s new smart meter communication solution stands out for its cost-effectiveness and suitability for the diverse Indian markets. The company has taken a thoughtful approach to address the unique challenges in the region, ensuring that the technology is not only advanced but also economically viable for widespread adoption (approximately 250 million conventional meters to be replaced by 2027).

One of the key strengths of CWD Limited’s solution lies in its simplicity of deployment and adoption. The user-friendly design facilitates easy installation, making it accessible for both consumers and service providers. This ease of integration is crucial in the context of the dynamic Indian market, where a seamless transition to smart metering solutions is highly valued.

In a significant move to amplify the reach of its innovative solution, CWD Limited has formed a strategic alliance with a leading smart meter manufacturer. Having achieved over 100 thousand successful installations, CWD Limited’s smart meter solution has proven its reliability and effectiveness in real-world scenarios. This collaboration positions the solution for potential scalability to millions, further solidifying CWD Limited’s presence in the smart meters market.

The Indian smart meters market holds immense potential, driven by the need for advanced metering infrastructure in the rapidly growing urban and rural areas. As the government focuses on initiatives like the National Smart Grid and Smart Cities Missions as well as the Ujwal DISCOM Assurance Yojana (UDAY), the demand for reliable and cost-effective smart meter solutions is on the rise.

According to industry experts, the smart meters market in India is projected to witness substantial growth in the coming years (forecasted market size of USD 3.3bn by 2031), driven by factors such as increasing electricity consumption, the need for energy efficiency, and government initiatives promoting smart grid technologies. CWD Limited, with its innovative made in India 2.4GHz communication solution, is poised to tap into this burgeoning market, leveraging its strengths in innovation and manufacturing capabilities.

For further information, please contact:

Krrish Kothari – krrish.kothari@cwdin.com

About CWD Limited:

CWD Limited is a leading innovator and manufacturer committed to pushing the boundaries of technology to deliver cutting-edge solutions. With a focus on reliability and performance, CWD Limited strives to address the evolving needs of various industries.

Vishwa Modi, acclaimed as India’s first Handmade Jewellery Business Coach, is making waves in the entrepreneurial landscape with her mission to empower women in the jewellery business. With a vision to create an army of successful jewellery business women, Vishwa has become a leading figure in redefining women’s empowerment in India.

Vishwa Modi’s journey as a mentor began with her Jewellery Business Masterclass, an empowering platform that has garnered attendance from over 50,000 women globally. Her masterclass serves as a transformative experience, providing valuable insights, strategies, and hands-on guidance to aspiring jewellery entrepreneurs. Through this initiative, Vishwa is not just imparting business knowledge but fostering a community of strong, independent women making their mark in the jewellery industry.

At the heart of Vishwa’s success lies the world’s largest community of jewellery businesswomen, a vibrant and supportive network where members exchange ideas, offer support, and celebrate each other’s achievements. This community, fueled by Vishwa’s passion for collaboration and empowerment, has become a hub for aspiring and established jewellery entrepreneurs alike.

With an impressive online presence, she reaches a vast audience through her YouTube channel, ‘Vishwa Modi’ with over 1 lakh subscribers, Instagram with 50k+ followers, and her popular ‘Jewellery Business Podcast’ with 50k+ downloads. Through these platforms, Vishwa shares valuable tips, tutorials, and insights, offering a wealth of knowledge to her growing audience.

As a testament to her commitment to empowering women, Vishwa has pioneered a unique Jewellery Business Model that transcends traditional boundaries. Her model not only emphasizes business success but also promotes the holistic development of women in the jewellery industry. Vishwa’s approach underscores the importance of skill development, financial independence, and community building.

Based in Ahmedabad, Vishwa Modi runs her Online Mentoring business alongside her husband, Pritesh Modi, showcasing the power of collaboration in both personal and professional spheres. A devoted mother of two, Vishwa effortlessly balances the demands of entrepreneurship and family life, inspiring many women to pursue their passions without compromise.

Vishwa Modi’s impact as a Handmade Jewellery Business Coach is a testament to her unwavering commitment to women’s empowerment and entrepreneurship. Her holistic approach, expansive community, and educational initiatives are transforming the jewellery business landscape in India and beyond, one empowered woman at a time.

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Surat (Gujarat) [India], January 1: Jatinder Singh, a former agricultural consultant hailing from New Delhi, has experienced a remarkable turnaround in his professional trajectory since becoming an integral part of Being Exporter, a leading platform for export assistance founded by Bhagirath Goswami.

Despite his exposure to international markets, Mr Singh lacked the knowledge and confidence to venture into exports. His focus primarily rested on the domestic market, with limited business in the international arena. The challenges and risks associated with exporting from India were significant hurdles for him.

The turning point in Mr Singh’s life came when he learnt about Being Exporter and joined its orientation course. The programme instilled the confidence he needed to take the leap into the export business. Impressed by Bhagirath Goswami’s enthusiasm and knowledge, Mr Singh felt assured that he was in the right place.

Within just 20-25 days of joining Being Exporter, Mr Singh achieved a major breakthrough by securing an export order for rice, followed by a repeat order and another substantial order for 240 containers. The success in rice exports has inspired Mr Singh to form joint ventures in the footwear and pharmaceutical industries. He has already received an order for 7,000 pairs of footwear and is in advanced talks for pharma exports.

“The knowledge provided by Being Exporter was instrumental in dispelling the myth that exports are challenging. The step-by-step guidance, covering everything from banking procedures to payment processes, left no grey areas and made the entire export process seamless. More than that, the biggest change was that it removed my fears about exports and gave me the confidence I needed. I am truly thankful to Bhagirath Goswami for his exceptional mentorship and the Being Exporter community for its constant support and encouragement,” Mr Singh says.

Commending Mr Singh’s success, Bhagirath Goswami, Founder of Being Exporter, said, “His journey has touched many and his success is inspiring. What he has created is amazing. He started this journey from zero and is now dealing with hundreds of containers in multiple products. He has shown that once you understand exports, there is no limit to what you can achieve. His success reflects the incredible opportunities for those who embark on the export journey with the right guidance. It is our honour to have been a part of his journey.”

While exploring joint venture opportunities in different segments, the well-designed Being Exporter programme has also empowered Mr Singh to scale up. He is looking to hire teams for different businesses and expand.

Mr Singh’s message to young entrepreneurs is one of encouragement, urging them to recognise the vast potential of exports and the transformative impact it can have on lives. 

“The potential of exports from India is immense. Growing exports can change the lives of manufacturers by boosting their sales. In addition to the economic impact, this will also have a huge positive social impact on countless lives,” he adds.

Mr Singh’s story shows that with the right mentorship and community support, one can turn apprehensions into achievements and dreams into reality.

New Delhi (India), January 1: Cellecor Gadgets, India’s most trusted and affordable electronics brand, has recently achieved significant milestones that underscore its commitment to innovation, market presence, and strategic growth and announces:

Launch of Washing Machines – Cellecor Gadgets has introduced 2 new cutting-edge washing machines SKUs, designed with a focus on innovation, efficiency, and user-friendly features. Key attributes include a variety of wash cycles, multiple wash program, advanced energy-efficient technologies, and adjustable spin speed. Artificial intelligence has been integrated into the design enabling adaptive wash settings that optimize cleaning performance while minimizing water and energy consumption. Considering the target customers, price ranges for Cellecor Washing Machine is kept very competitive, between Rs 8,000-Rs. 10,000 per piece.

Introduces Mixer Grinders – Cellecor is launching 11 New models of Mixers and Grinders with advanced features making them budget-friendly and a modern addition to your kitchen tools. The decision stems from thorough market research, showing an increasing demand for versatile kitchen appliances that seamlessly combine technology, design, and functionality. Key features include multifunctionality, a powerful motor, and variable speed control. Cellecor Mixer Grinders are being offered in the prices range of Rs 1,200 – Rs 1,800.

New SKU Addition to its Portfolio – Cellecor is thrilled to present a cutting-edge addition to its portfolio, poised to redefine industry standards and establish new benchmarks in the market.

• M Series Smart Watches: Cellecor proudly presents the M Series Smart Watches, featuring 30 new SKUs that blend sophisticated design with advanced technology. Boasting metal marvels, a health suite, wellness companion, and a retina AMOLED display, these smartwatches aim to set unprecedented standards in the market. Foreseeing a steady 5% to 8% growth in the smartwatch segment, these devices align with the rising demand for intelligent wearables and very competitively priced between Rs 1,200 to Rs 3,500.

• 50” Inch Smart TV: Cellecor introduces a fresh model of a 50-inch Smart TV, promising intelligent connectivity, stunning visuals, and immersive sound for an unparalleled cinematic adventure.

• 5 New SKUs of Smart TVs: Elevate your viewing experience with Cellecor’s 5 new SKUs of Smart TVs, offering crystal clear brilliance with 4K Ultra HD LED TV, immersive audio featuring Dolby Atmos, and user-friendly controls. The customers may buy Cellecor Smart TVs as per their choice, features requirement, affordability and budget from a wide range, priced between Rs. 10,000 to Rs 50,000.

• 12 New SKUs in TWS and Headphones: Cellecor is embarking on a new era of audio excellence with its latest SKU launch in earbuds. Elevates the listening experience with state-of-the-art technology, enhanced comfort, and a stylish design that harmonizes seamlessly. Top features of new products include Environment Noise Cancellation, Powerful or deep bass, Fast Charging, Crystal Clear Sound and Auto Connect. Headphones have classic features of Gaming headset, Bluetooth V5.3, Superior bass sound, Foldable design and Hands-free. Cellecor Earbuds are priced between Rs. 800 – Rs. 1,500 and Headphones between Rs 1,000 – Rs. 1,500

• 2 New SKUs in Sound Bar: Cellecor is pleased to introduce its newest advancement in audio technology through the latest Sound Bar SKUs. These cutting-edge models feature Bluetooth V5.3, 3D surround sound, Type C charging, and compatibility with AUX and USB and are made available for customers between the prices range from Rs 999 to Rs 10,000.

• 15 New SKUs of Feature Phones: Cellecor introduces a revolutionary shift in communication with 15 new SKUs of feature phones. Offering classic reliability coupled with modern functionality, these phones redefine simplicity and connectivity. Features include touch keypads, a 2000-mAh battery, a digital camera, sleek design, and MP3 & MP4 players. Prices range between Rs 900 and Rs 2,000.

• Cellecor ZPDQC 24W Charger: Presenting the Cellecor ZPDQC 24W Charger, a powerhouse for swift device charging. Engineered for efficiency and speed, this cutting-edge charger ensures the rapid replenishment of your devices. With advanced technology and an elegant design, the ZPDQC 24W Charger by Cellecor brings a new level of convenience to the charging experience and Cellecor Chargers are available for the customers in the price range of Rs. 350 to Rs. 500.

Partnership with Large Distributors- Cellecor is also excited to announce a strategic partnership with distributors, marking the inception of an impactful alliance. This collaboration aims to synergize the strengths of our cutting-edge products with the extensive reach and efficiency of our distribution partners

• Collaboration with Bhatia Communication– Cellecor partnerships with Bhatia Communication Sparks Excitement Across Gujarat. Bhatia Communication is engaged into retail and wholesale distribution business of trading mobile handsets, tablets, data-cards, mobile accessories, air conditioners, Washing Machines and other Electronic Equipment. They sell smart mobile handsets of all the brands including APPLE I-PHONE, SAMSUNG, OPPO, GIONEE, VIVO, HONOR, JIO, REALME, REDMI, NOKIA etc, mobile related products, tablets, data cards, accessories under one roof through their owned 81 retail outlets chain located all over the South Gujarat region including Surat, Vapi, Valsad, Navsari, Vyara and other towns of South Gujarat. They also provide the same services through our 17 franchisee retail chain dealers located in the South Gujarat region. Cellecor anticipates a revenue generation of Rs 25-50cr from this collaboration.

• Collaboration with Smart Dukaan- Cellecor partners with Smart Dukaan across North India. Smart Dukaan is India’ s fastest growing Smartphone retail chain with over 350 stores across 100 cities in 6 states. They have created a tech-led Retail & Distribution company that is revolutionizing distribution of smart products across urban, semi-urban and rural areas. Cellecor anticipates a revenue generation of Rs 25-50cr from the above tie up.

500+ Orders in Single Day from Website– In a strategic shift from exclusive availability on e-commerce platforms, company’s listed electronics gadgets brand has successfully intensified Direct-to-Consumer (D2C) sales (cellecor.com), achieving a noteworthy milestone of processing 500+ online orders in a single day on our D2C website.

International Review Meet with Distributors- The one-on-one meetings with distributors were highly successful, significantly strengthening our relationships. This bond is poised to fuel further business growth, as personalized interactions foster trust and collaboration, laying the foundation for mutual success and prosperity. The distributor meet yielded an exceptional response for our newly launched products. Witnessing an instant sale of 25,000 Smartwatches, 1,500 Smart TVs, and 50,000 feature phones showcased the overwhelming success and market demand, affirming our strategic product launch.

With these recent developments, we expect Cellecor brand to be further strengthened and it will strategically position as a leading supplier of products under multiple categories.

Mr. Ravi Agarwal, Founder of Cellecor Gadgets Ltd commented “We are thrilled to share recent advancements at our company. In this quarter, we’ve made significant progress across various aspects of our business, highlighting our steadfast commitment to excellence and advancement. Our R&D team has delivered innovative solutions that not only meet but surpass market expectations, emphasizing our dedication to staying at the forefront of technology. Our strategic partnerships with distributors have expanded our market presence and distribution networks. Riding on all these factors, we are confident of achieving robust growth in the coming quarters and shall exceed the revenues projections. Moving forward, our focus remains on investing in research, innovation, enhancing customers experience, building new partnerships, cementing existing capabilities to achieve desired results.”

About Cellecor Gadgets Ltd.:

Cellecor Gadgets journey in electronics device business, and selling products in its own brand, including mobile feature phones, smartwatches, TWS (True Wireless Stereo) earbuds, neckbands, and LED TVs -outsources from various electronic assemblers and manufacturers, started in 2012 as M/s Unity Communications-its founder Mr. Ravi Agarwal’s proprietorship firm.  

The company is promoted and managed with an enduring sustainable business strategy, wherein the Company is aiming to synergetic amalgamate business potential embedded in the ever-growing demand of electronic products with modern business approach of sourcing, producing, and marketing with an objective to provide quality products at affordable price.

Today, Cellecor Gadgets Ltd is a leading name in the consumer electronics industry, known for its innovative and cutting-edge technology. With a commitment to making happiness affordable, Cellecor offers a diverse range of products, including mobile phones, smart TVs, speakers, neckbands, TWS, soundbars, smartwatches, Washing Machines, and many more.

The securities of the Company are listed on the NSE EMERGE (SME Platform of National Stock Exchange of India Limited) with Scrip Code: CELLECOR

Company Presentation: https://bit.ly/47hURJd

For Further information please contact

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New Gurugram in demand – M3M, DLF, Godrej projects in-line with Gen-Z and millennials generation.

Gurugram (India), January 1: The stupendous increase in demand in realty-sector can be confidently attributed to the Indian middle class, Gen-Z, and the millennials.  The home-buyers are no more looking to buy traditional accommodation, they want an additional space of 0.5 BHK to use as office-space, study room or children’s room. As much as 70-80% of customers looking for that extra space in flats, particularly after post-Covid era. Reports also suggest that the concentration of jobs in A-class metros has raised demand for lofts also.

The developers like M3M, DLF, Godrej etc are aggressively meeting such demands by adding additional 0.5 BHK accommodation in their units. Most of the residential projects by M3M already have extra 0.5 BHK. Other developers like Omaxe, Vatika, Adani, Bharti real-estate and Tata Housing have also lined-up multiple projects in Gurugram.

When compared with other prominent A-class cities, Gurugram still seems to be a better choice for home-buyers. With the emergence of New Gurugram, where most of the projects are under construction and would offer possession in next 36-48 months, the affordability seems to be even better for investors. Many of the developers have offered flexible payment-plans suitable to most of the buyers.

The year 2023 has been very encouraging for realty-sector. The residential market has seen unprecedented growth with sales volume recording sale of more than 62,000 units in each of the two quarters in the first-half of 2023. Looking at the H1 of 2023, the residential sales reached a 15-year high at 126,587 units marking an increase of 21%, when compared to the same period last year. According to the Knight Frank India Real Estate Report 2023, residential sales are projected to grow to approximately 3.5 lakh units.

The realty-sector is also looking forward to reduction in the stamp duty and registration charges to boost investment in home-buyers segment. This is also necessary since the land-cost and construction material-cost has been consistently increasing exorbitantly. The developers are also asking for a streamlined and transparent online property registration system for the benefit of both developers and buyers.

M3M, the largest real-estate developer in Gurugram and amongst the top-3 realty developers in Northern India, has tremendous advantage of land-bank of about 3000 acres and legacy of over 50 projects in Gurugram itself. With in-house integrated business model, M3M projects gives buyers confidence of timely completion of residential projects. The company has already delivered three projects this year and is all geared-up to deliver another three projects by year-end. Incidentally, launched prior 2019, have already been delivered by M3M. Overall, in FY 24, M3M would be delivering about 6.5 million square feet of space with an investment of Rs. 3250 crore.  M3M is also developing a 350-acre township in Panipat in Haryana, and few uber-luxury projects in NOIDA, as part of its expansion plan and pan-India presence.

DLF has lined-up projects on Southern Peripheral Road (SPR) and Golf Course Road. Godrej Properties will soon launch a luxury housing project in Gurugram with an estimated revenue potential of around Rs 3,000 crore. The company will develop nearly 750 apartments in a 9.5-acre housing project.

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