Tag: Business

Silver Consumer Electricals ropes in cricketer Hardik Pandya as its brand ambassador

Rajkot (Gujarat) [India], October 31: Rajkot-based Silver Consumer Electricals Pvt Ltd., one of the largest manufacturers of pumps, motors and farm equipment, and having a presence in fans, electrical appliances, and lighting products, has announced the signing of well-known cricketer Hardik Pandya as its brand ambassador.

Silver Consumer Electricals has a rich heritage of 41 years in manufacturing world-class and high-quality products when it comes to pumps and motors. It has also forayed into farm equipment, fans, lights and electrical appliances in the last four years under the leadership of its young and visionary Managing Director Vinit Bedia.

The company sells pumps, motors and farm equipment under the brand name Silver and fans, electrical appliances and lighting products under the brand name Bedia.

Speaking about roping in Hardik Pandya as the brand ambassador, Mr Bedia said, “Hardik Pandya is one of the best all-rounders in the game of cricket. Whenever he is on the field, there is always this confidence that India will win the match regardless of the situation. His qualities of reliability and consistency seamlessly align with our own values, and we are delighted to welcome him as our brand ambassador.”

Talking about the company’s growth, Mr Bedia said that the company has achieved fast growth across categories in the last four years.

“Our focus is on manufacturing the best quality products and sustaining our brand reputation. We are continuously innovating and launching new products across segments and aim to grow at an even faster rate in the coming years,” he said.

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Acquisition in line with company’s key strategic priorities and will further expand company’s total addressable market in the value-added of Healthcare business.

Mumbai (Maharashtra) [India], October 31: Medical devices company, QMS Medical Allied Services Ltd (QMS) has executed binding term sheet to acquire Saarathi Healthcare Pvt Ltd and Prometheus Healthcare Pvt Ltd. The acquisitions are in line with company’s key strategic priorities and aims to further expand company’s total addressable market in the value-added of Healthcare business.

Saarathi Healthcare Private Limited is engaged in the business of running Disease management, early diagnosis, screening with POC devices and otherwise, disease awareness, access programs across therapy by using digital tools as well as physical interaction models. The Company was incorporated on October 21, 2010 is headquartered at Thane, Maharashtra. Company’s revenue from Operations for FY 22-23 was Rs. 59.90 crore.

Prometheus Healthcare Private Limited is engaged in the business of Digital marketing, client servicing, booths / conferences, CMEs and other healthcare related services. The Company was incorporated on June 11, 2013 is headquartered at Thane, Maharashtra. Company’s revenue from Operations for FY 22-23 was Rs. 2.00 crore.

Incorporated in 2017, QMS Medical Allied Services Limited is engaged in the marketing and distribution of a wide range of medical products as well as medical education services. The company’s products are sold under brand name “QDevices” and they also manage the distribution for other brands such as 3M, Heine, Rossmax etc. The company offers medical products such as Blood Pressure Monitors, Glucose Monitoring Kits and strips, Dental Products, Personal protection kits eg-PPE kits, Infection prevention, Stethoscope and Oxygen Concentrator. The company operates three business verticals and offers 600+ SKUs with 130+ customers. For FY22-23, QMS Medical has reported net profit of Rs. 6 crore and sales of Rs. 104 crore.

QMS Medical Allied Services Ltd launched its public issue of Rs. 56.87 crore in September 2022 to fund company’s expansion plans including meeting additional working capital requirements and general corporate purposes. IPO comprised of a fresh Issue of 28 lakh equity shares and Offer for sale of 19 lakh equity shares of face value Rs. 10 each at a price of Rs. 121 per share (including a premium of Rs. 111 per equity share) aggregating Rs. 56.87 crore. Post issue promoter group holding in the company came to 73.67%.

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Bengaluru (Karnataka)   [India], October 31: In a grand event held at the prestigious Hotel Lalith Ashoka, Bengaluru, a revolutionary product was unveiled that is set to redefine the gold loan industry. The product, an AI-based Gold Loan ATM machine known as GoldPe | APM (Automated Pawn Machine), was launched amidst much fanfare and anticipation. The event saw the presence of esteemed dignitaries including Shri. VP Nandakumar, MD & CEO (Manappuram Finance Ltd & Shri. Sharangouda G. Patil, MD (Karnataka State Souharda Federal Cooperative Ltd).Their presence added to the significance of the occasion and highlighted the importance of this innovative product in the financial sector.

The launch of GoldPe | APM marks a significant milestone in the gold loan industry specifically for Banking and Financial institutions Gold Loan Scams is one the Biggest challenging factors for Banking and Financial institutions, as per records more than 120+Cr Gold Loan scams has been found OFFICIALLY and legal actions has been taken on the Branch Managers, Gold Appraisers and Public. Several Gold Loan companies have written off more than 100+ Cr due to these scams. When AI and Gold Purity Analyzer placed inside the machine 99% of Gold Loan scams can be eradicated from the Banking and Financial institutions, which will be an added benefit and profit key point for the Banking and Financial institutions.

Speaking about the AI  Goldpe launch,Mr.Vijay Rajagopalan, Founder and Patent Holder’s -GoldPe, said, “At Goldpe , we have always believed in the goodness of people to provide safe, effective solutions and Technological advancement for our customers (Banking, Financial Instutions & Public). GoldPe | APM is a state-of-the-art Automated Pawn Machine that leverages advanced Artificial Intelligence technology to provide instant gold loans. This machine is not only designed to analysis Gold, it will also Analyze Platinum & Silver to Overseas Market and make ease of loans more accessible, efficient, and secure for customers 24 x 7”.

Considering the market and commercial impact, the company will be introducing 4 Types of machines which will be suitable for different segmented Banking and Financial institutions. The team behind GoldPe | APM is committed to revolutionizing the gold loan industry with their innovative products. They plan to install these machines in various locations across the country, making gold loans more accessible to everyone.

The launch event concluded on a high note with the dignitaries expressing their excitement about this revolutionary product. They commended the team behind GoldPe | APM for their innovative thinking and wished them success in their future endeavors.

As we move forward, it’s clear that products like GoldPe | APM are not just changing the way we avail of loans but are also shaping the future of the financial industry.

The launch of GoldPe | APM marks a significant milestone in the gold loan industry. It brings a level of convenience and efficiency that was previously unheard of in this sector. Customers no longer need to visit a bank or financial institution and wait for their loan to be processed. With GoldPe | APM, they can get their gold loan instantly, safe and secured within less than 8min & 24x 7. Digitization of Gold jewel is major setback in Gold Loan industry in any Banking and Financial institutions. System will make recording of all process and formatted document will be sent to public and also Banking and Financial institutions.

Audit’s on Gold loan will be much simpler and faster with our GoldPe | APM.Moreover, the use of AI technology and Metal Analyzer ensures that the assessment of gold is accurate and fair. This not only instills confidence in customers but also makes the loan process more transparent.

Sreyas Software Solutions (P) Ltd., Chennai India known as SSS technologies’ Team is behind the innovation of GoldPe | APM which is an Indian Designed and Developed product under Make in India Label, the Design and development is PATENTED under Intellectual Property Rights of India and the Design patent is applied for International patent WIPO.

GoldPe | APM is a state-of-the-art Automated Pawn Machine that leverages advanced Artificial Intelligence technology to provide instant gold loans. This machine is not only designed to analysis Gold, it will also Analyze Platinum & Silver to Overseas Market and make ease of loans more accessible, efficient, and secure for customers 24 x 7.

Customers can deposit their gold in the machine, which then uses AI technology and Gold / Metal Analyzer to assess the Purity, Quality and Weight of the gold. The AI system also will weigh the STONE’S WEIGHT AND GOLD WEIGHT SEPERATELY, based on this assessment; the machine instantly disburses the loan amount into the customer’s bank account or disburse cash. This entire process is quick, transparent, and completely hassle-free.

Gold / Metals will be securely packaged in Tamper proof Packages and Tamper proof labeled with QR Code indicated on it. 

GoldPe | APM Machine can able to understand the Type of jewel (Perl, Solid jewel or Stone jewel). When Perl jewel is found AI system will not consider this as a Metal Jewel and system will not process for the loan.

GoldPe | APM Machine with state of technology can able to identity People Identity using Adhaar Face Match, Credit history with CIBIL score and Most important “to understand the crime history using Crime check.” From Now on No chain snatcher or crime record holder will be able to encash Stolen jewellery.

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Lot Size for investing in shares revised to 500 from current 2000 w.e.f 30 Oct

Gujarat (India), October 31: Infinium Pharmachem Ltd, engaged in the manufacturing of Pharma Intermediates and APIs, Iodine derivatives has reported a standalone net profit of Rs. 6.13 crore for H1FY24 ended September 2023 with Y-o-Y growth of 22.7% as compared to the net profit of Rs. 4.99 crore in H1FY23. The reduction in the raw material costs and operational efficiency have contributed to the profit growth.  Revenue from Operations in H1FY24 was reported at Rs. 50.85 crore. Profit Before Tax during H1FY24 grew 22.3% to Rs. 8.17 crore as against Profit before Tax of Rs. 6.68 crore in H1FY23. EPS for H1FY24 was reported at Rs. 4.41 per share.

Standalone Financial Highlights:

                                                                                                                        (Rs. in cr)

From 30 October 2023, lot size for investing in the company’ share is revised to 500 from 2,000 currently. The move will results in more and better investor participation in the company.

Company has approved 1:1 bonus issue. Company approved allotment of 69.58 lakh equity shares of Rs. 10 face value each as fully paid up bonus equity shares to members on the record date of 13 September 2023. Consequently the paid-up equity share capital of the company stands increased to Rs. 13.91 crore comprising 1.39 crore equity share capital of Rs. 10 each. The Board also considered and approved increase in authorised capital from Rs. 10 crore to Rs. 25 crore.

Established in the year 2003, Infinium Pharmachem Ltd manufactures & supply wide range of superior quality Iodine derivatives & APIs. In 2015, Infinium obtained FDA approval for APIs manufacturing. The company works as CRAMS for Pharmaceutical, Agrochemical, Nutraceutical, Specialty Chemical etc. from R&D to commercial sale. Infinium is in top 5 companies in India providing the widest range of Iodine derivatives in the market, with more than 200+ intermediates and 7+ APIs. All its products are developed to meet challenging demands, superior quality, performance and various other commercial requirements across industries.

Company has a vision to increase its production capacity to 3,400 MT per annum by FY 2029-30 and is open for organic as well as inorganic growth opportunities. Further to expand production capacities, company is investing around Rs. 10 crore in setting up 637.2 MT capacity at GIDC Sojitra. The expansion of the phase 2 is expected to be completed by June 2026. It will be a state-of-the-art production facility for Iodine derivatives & APIs to the standards of WHO-GMP. Company also started construction 4,400 sq ft warehousing keeping in mind the future requirements.

In the month of March 2023, company successfully completed its Rs. 25.25 crore SME IPO on NSE Emerge. The public issue is for 18.75 lakh shares of face value of Rs 10 per equity share for a cash price of Rs. 135 per equity share.   

The company has its manufacturing plant at GIDC Sojitra, Anand Gujarat, India. It was formed with a vision to be a globally integrated and trusted pharmaceutical & healthcare company. The Company got certified as ISO 9001-2015 in the year 2017. The Company undertakes Contract Research and Manufacturing Services (CRAMS) to provide customised and fully confidential solutions to its clients. The Company has developed and maintained long – term healthy relationships with all its clients, including Pharmaceutical, Biotech and Fine Chemical companies and its products reach out to over 250+ clients globally like Syngene International, Dr Reddy’s Lab., Glenmark, Sun Pharma, Sai Life sciences, etc. It is exporting to 20+ countries like US, UK, China, Italy, Japan, etc.

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Domestic AIFs, NBFC treasury and FPIs makes the anchor book diversified

Mumbai (Maharashtra) [India], October 31: Bangalore-based Transteel Seating Technologies has garnered Rs 13 Crores from anchor investors ahead of its initial public offering of Rs 49.98 Crores, that opens for public subscription on Monday, September, 30 2023. The Company informed the bourses that it allocated 18,60,000 shares at Rs. 70 per share on Friday, September 29, 2023, to anchor investors.

The Company is manufacturer of office furniture in India, offering tailor made furniture and installation as per specification and requirements of the clients.

Domestic AIFs, NBFC treasury and FPIs makes the anchor book diversified. Some of the marquee institutions who participated in the anchor are Chanakya Opportunity Fund, Nav Capital, VPK Global, Moneywise Financials and Nexus Global.

Out of 49.98 Crores of IPO, QIBs and market maker portion is 27.5 Crores. Only 22.5 Crores of portion is left for non-institutional Invetsors, HNI category and retail category.

Gretex Corporate Services Limited Pantomath Capital Advisors Private Limited are the book running lead manager.

IPO Details

IPO is set to commence on October 30, 2023, and will conclude on November 01, 2023. The IPO comprises an issue size of 49.98 crores, featuring a combination of 67,84,000 Fresh Issue Equity Shares and 3,56,000 Offer for Sale (OFS) share.

Investors can bid for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.

The Offer is being made through the Book Building Process, wherein not more than 50% of the Offer shall be available for allocation to Qualified Institutional Buyers, not less than 15% of the Offer shall be available for allocation to Non-Institutional Investors and not less than 35% of the Offer shall be available for allocation to Retail Individual Investors.

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Mumbai (Maharashtra) [India], October 31: JMD Ventures Limited (BSE: 511092) has embarked on an exciting journey into the ever-evolving world of Over-the-Top (OTT) platforms. The company’s decision to expand its business into the realm of OTT broadcasting marks a significant move that reflects the changing dynamics of the media and entertainment industry.

In an era where traditional media channels are facing unprecedented disruption, JMD Ventures Limited has recognized the immense potential in the digital domain. With the growing popularity of OTT platforms, the company is poised to diversify its content offerings to cater to the changing preferences of audiences worldwide. This strategic shift reflects the company’s commitment to staying at the forefront of the entertainment landscape.

The decision to enter the OTT space is a well-thought-out one. OTT platforms have become an integral part of the modern consumer’s life, offering a wide array of content choices, from movies and TV shows to music and short films. Recognizing this trend, JMD Ventures is determined to leverage the opportunities presented by the OTT industry.

One of the primary areas of focus for the company in the OTT space is the distribution of music songs. Music is a universal language that transcends borders and brings people together. The company aims to curate an extensive library of music from various genres, ensuring that users have access to their favorite tunes at their fingertips. With the flexibility that OTT platforms offer, music enthusiasts can now enjoy an uninterrupted stream of music, creating a more personalized and enjoyable experience.

Short films, another exciting facet of the OTT landscape, are also part of JMD Ventures Limited’s content strategy. Short films have gained popularity for their ability to tell compelling stories in a concise format. The company’s foray into this segment signifies its commitment to supporting emerging talent and providing a platform for innovative storytelling. By offering a space for short films, JMD Ventures Limited aims to promote creativity and diversity in content creation.

This move into the OTT space is not only a testament to JMD Ventures Limited’s adaptability but also a response to the changing preferences of consumers. Today’s audience craves content that is accessible at their convenience, and OTT platforms offer just that. The convenience of streaming content anytime and anywhere, often without the need for a traditional cable connection, makes OTT platforms a go to-choice for modern viewers.

For JMD Ventures Ltd, this development is about expanding the business and about recognizing the immense potential that digital media holds. It is a strategic move that aligns with the evolving nature of the media and entertainment industry, where innovation and adaptability are the key to success. With a commitment to delivering music and short films to audiences across the globe, the company is poised to make a significant impact on the OTT landscape. This strategic shift underscores the company’s responsiveness to changing market dynamics and its dedication to providing cutting-edge entertainment experiences for its members and audiences at large.

As JMD Ventures Limited takes its first steps into the world of OTT, it is poised to embark on a journey of creativity, innovation, and digital growth that will undoubtedly shape the future of the entertainment industry.  

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Babu88Sports is excited to announce its official entry into the Nepal market, marking a key step in its growth strategy. Nepal’s cricket culture and love for competitive sports means the Babu88Sports news portal will likely be highly relevant and a great source for local Nepali readers who wish to keep up to date with all the latest sports news. 

” Our venture into the Nepal market is a strategic step towards embracing a community that shares our passion for cricket and all things sports, “said Benjamin Harris, a spokesperson for Babu88Sports. “We are looking forward to forming lasting relationships with the sports community in Nepal”. Babu88Sports will begin offering localised sports news in the Nepali language from the 28^th of October, which marks its 1 year from launch. 

About Babu88Sports

Babu88Sports stands as a reliable hub for online sports news, aggregating the freshest scoops from the realms of cricket, basketball, football, and beyond. We pride ourselves on delivering extensive coverage on game highlights, player spotlights, match outcomes, and thorough analysis, crafting a mix of compelling content for sports aficionados. Babu88Sports has been a proud sponsor of the Montreal Tigers in the GT20 cricket tournament, as well as Dambulla Aura in the T20 tournament in 2023. Our adept squad of sports journalists is on the ball 24/7, providing real-time updates and meticulous reports across a broad spectrum of sports, ensuring our audience stays ahead of the game. Whether you’re on the hunt for the final tally of the latest football showdown, or seek a post-match dissection of the latest cricket match, Babu88Sports is your go-to destination.

Media Contact

Organization: Babu88Sports

Contact Person: Sara Roberts

Website:https://babu88sports.com/

Email:admin@babu88sports.com

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Image Caption: Atul Second Avenue at Andheri East

·         Office leasing in Q2 2023 in Mumbai stood at 1.3 mn. sq. ft

·         Monthly rentals in Andheri East at an average of INR 125/sqft are steadily growing at 2.9% YoY

Mumbai (Maharashtra) [India], October 30: In the bustling heart of India’s financial capital, Mumbai, the real estate market is experiencing an unprecedented surge. Mumbai’s real estate sector has long been hailed as one of India’s most vibrant, driven by a complex interplay of factors that have fuelled its growth over the years. The city’s commercial real estate landscape is poised for yet another remarkable chapter, characterized by escalating demands and innovative developments. According to the latest office report, ‘CBRE India Office Figures Q2 2023’, office leasing in Apr-June ’23 in Mumbai stood at 1.3 mn. sq. ft. Key sectors that drove absorption included BFSI (31%), technology (28%), and engineering & manufacturing (13%) in April-June’23. The report further highlighted that Mumbai office space absorption was driven by medium-sized (10,000 – 50,000 sq. ft.) deals. Also, non-IT developments led the supply and absorption with 100% and 50% share, respectively.

Government initiatives aimed at infrastructural development are further propelling commercial growth, creating a favourable environment for investors and businesses alike. The Mumbai Metropolitan Region Development Authority (MMRDA) has been instrumental in enhancing the city’s connectivity, weaving a web of new highways, metro lines, and transport links. This enhanced connectivity not only eases daily commutes but also opens up new areas for development, setting the stage for unprecedented real estate expansion. In a city where major micro markets such as Bandra-Kurla Complex, Nariman Point, Lower Parel, Worli, Thane, Airoli, Vikhroli and Goregaon are already witnessing commercial growth, Andheri leads the pack for commercial investment due to its strategic location and infrastructural upgrades.

Mr. Aakash Patel, Director of Atul Projects, encapsulates the essence of Andheri’s allure as a commercial destination, stating, “Within the dynamic realm of commercial real estate in Mumbai, Andheri stands out as a hub of innovation and opportunity. It stands tall as one of the best places to invest in business spaces, where every square foot echoes the promise of profitable tomorrows due to its rising market and advantageous location. The monthly rentals in the area at an average of INR 125/sqft are steadily growing at 2.9% YoY.”

We have constructed some of the most elegant and iconic workspaces and our recent addition being Atul Second Avenue at Andheri East which is receiving a stupendous response from the investors alike.”

Located at Andheri’s commercial hub SEEPZ-MIDC, Atul Second Avenue is a luxurious office space in Andheri East built with lavish designs and avant-garde architecture. It is a landmark built to upgrade the way you work every day and to upscale your business esteem. This commercial office space for lease is designed to elevate the growth, productivity, and profitability of every professional. It offers the best in standard amenities curated for professionals and business aficionados of the city. The commercial space hosts facilities like Landscape Garden, air conditioned Double height Entrance Lobby, High speed Elevators, 24 x 7 Power Backup for common area with all day security systems, followed by 3 Level Basement Parking, provision for sewage treatment and Restaurants, Banquet Hall, a bank & ATM.

What sets Andheri apart is its exceptional connectivity, positioning it as a prime location for real estate investment. The recent introduction of the Mumbai Metro Lines 2A & 7 offers seamlessly connectivity and has revolutionized daily commutes, reducing travel times significantly. Proximity to the Chhatrapati Shivaji Maharaj International Airport has turned Andheri into a magnet for corporates seeking a strategic location, both for domestic operations and international business interactions.

Andheri’s seamless connectivity extends beyond metro lines, encompassing the Eastern and Western Express Highways. Strategic roads like the Andheri-Kurla Link Road and the Jogeshwari-Vikhroli Link Road (JVLR) ensure swift access to the western and central suburbs, making it an ideal choice for businesses and individuals alike. This accessibility factor has not only lured corporates but also made Andheri a favoured choice for those seeking convenient living options in the heart of the city.

In a city where real estate opportunities are as dynamic as the city itself, Andheri represents more than just a location; it embodies Mumbai’s spirit of advancement and innovation. As the commercial real estate market continues its upward trajectory, Andheri stands as a testament to Mumbai’s unwavering commitment to progress. In its bustling streets and towering buildings it promises a future where every business venture finds its space to thrive, making it a shining beacon in Mumbai’s ever-evolving skyline.

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New Delhi (India), October 30: In a groundbreaking development, WebMaxy, an Indian SAAS-based startup, is reshaping the digital marketing landscape. It is offering businesses a revolutionary approach to enhance profitability and improve ROI.  With a mission to empower businesses, WebMaxy is making headlines with its innovative and persuasive tools and technology.

WebMaxy has set a new benchmark in marketing solutions. Their cutting-edge software and tools are empowering businesses to automate marketing channels and create an intuitive experiance for  customers throughout their buying journey. These impressive tools have capabilities to turn ordinary marketing into extraordinary user journeys  and customer retention.

WebMaxy offers a suite of advanced products to revolutionize marketing and enhance customer experiences. Its product portfolio include – WebMaxy eGrowth, WhatsApp Commerce, Omnichannel Support, Analyzer, Survey, Marketing Automation, Social Campaign, and ProMarketer.ai

eGrowth tool is dedicated to ecommerce brands. It helps business owners  automates marketing tasks, allowing teams to focus on strategic efforts and create personalized customer journeys.

WhatsApp Commerce boosts sales by facilitating WhatsApp marketing by helping brands create whatsapp store, enable personalized campaigns, and many other activities. Empowers businesses to build complex customer journey workflows, generating a remarkable 3X increase in revenue.

In addition, WebMaxy provides SocialGro.AI tool that helps in efficient social media management. To further elevate customer satisfaction, Omni Channel Support enables seamless customer service by centralizing queries from various channels into a single dashboard, ensuring a consistent and convenient support experience. On the other hand, ProMarketer.AI is creating headlines by automating paid ads to maximize conversion on google and meta. 

WebMaxy is producing awe-inspiring results by providing a staggering 2X growth in sales based on the current users stats. With a jaw-dropping 90% boost in engagement, businesses are now redefining customer connections.

A substantial 20% increase in repeat purchases is proof of WebMaxy’s loyalty-building prowess.WebMaxy is at the forefront of the latest marketing trends, and the world is taking notice. They’re leading the charge in marketing automation, ushering in a new era of personalised and automated marketing. 

In just a span of 3 months, WebMaxy has successfully acquired over 200 customers, a testament to the effectiveness of their innovative products. These solutions are setting new standards in customer service. With these mindblowing stats, it is positioned to become  the next unicorn company.

Join the ranks of successful businesses that have embraced the future of marketing, upgraded their game, and boosted profitability with this innovative powerhouse.

Get ready to ride the wave of transformation and foster growth with WebMaxy. (https://www.webmaxy.co/)

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New Delhi (India), October 30: With a Mantra of ‘Khadi for nation, Khadi for fashion’ Khadiology as Fashion show was organized in Mazgaon Mumbai at St. Peter’s School. Khadi holds a significant place in India’s history, as it has been associated with the country’s struggle for independence and is considered a symbol of self-reliance and sustainability. Celebrating India’s heritage textile, Khadi, KVIC in collaboration with Kamala Ankibai Ghamandiram Gowani Trust has announced its “Khadiology as Fashion” show to resonate with the vision of ‘Vocal for Local’ and ‘Atma Nirbhar Bharat Abhiyan,’ as envisioned by Prime Minister Narendra Modi.

 The event featured a remarkable Khadi fashion show, where school students graced the runway in exquisite Khadi ensembles. The “Khadiology as Fashion” show aims to emphasize the enduring appeal of Khadi in the world of contemporary fashion and promote the use of this eco-friendly, handspun fabric. 

The show featured a vibrant and diverse range of Khadi outfits, showcasing the versatility of this fabric. Students from St. Peter’s School, Mazgaon, walked the runway, demonstrating the timeless charm and elegance of Khadi clothing. This event seeks to inspire the younger generation to embrace Khadi as a fashion statement, thereby supporting local artisans and promoting sustainable fashion choices. In alignment with the ‘Vocal for Local’ initiative, this event showcases the beauty and versatility of Khadi, a fabric deeply rooted in Indian tradition. Through the lens of fashion, the Trust emphasizes the importance of supporting local artisans and craftspeople. Khadi, long associated with Mahatma Gandhi’s call for self-sufficiency and independence, has become a cornerstone of sustainable fashion. The “Khadiology as Fashion” show at St. Peter’s School, Mazgaon, on 26th October, is a testament to the Trust’s commitment to preserving this legacy. The event not only promotes the use of Khadi in contemporary fashion but also reinforces the importance of empowering local communities and fostering economic growth at the grassroots level.

This exceptional event was graced by esteemed dignitaries, including Shri Narayan Rane, Union MSME Minister, Vinit Kumar, CEO KVIC, SMT. R. Vimala, IAS (CEO, MKVIB, Maharashtra), Her Excellency Ms. Andrea Kuhn, Consul General, Republic of South Africa, Mrs. Nidarshana Gowani, Trustee, Kamala Ankibai Ghamandiram Gowani Trust, Yogesh Bhamare, State Director, KVIC, Maharashtra, and various other dignitaries from Germany and US.

Union Minister, Shri Narayan Rane, shared insights on the importance of Khadi in the context of micro, small, and medium enterprises, showcasing its potential to create economic opportunities for artisans and craftspeople. Further, Minister highlighted how Khadi contributes to the MSME sector and the larger vision of self-reliance promoted by the government. He emphasizes the economic empowerment of artisans and craftspeople, underlining the importance of supporting local crafts in the context of ‘Vocal for Local’ and ‘Atma Nirbhar Bharat Abhiyan.’ Minister also appreciated the ‘Khadiology as Fashion’ show for encouraging the younger generation.

Speaking about the event, Mrs. Nidarshana Gowani, Trustee of the Kamala Ankibai Ghamandiram Gowani Trust, said, “We are honored to contribute to the ‘Vocal for Local’ and ‘Atma Nirbhar Bharat Abhiyan’ initiatives through our ‘Khadiology as Fashion’ show. Khadi represents the spirit of self-reliance and sustainability, values at the heart of these initiatives. By showcasing Khadi as a modern, stylish choice, we hope to inspire a new generation to embrace local products and contribute to the vision of a self-reliant India. “Khadiology, as a fashion initiative, aims to instill love and pride for khadi among the younger generation.”

Her Excellency Ms. Andrea Kuhn, Consul General of the Republic of South Africa, shared a unique perspective on how Khadi’s sustainable ethos resonates on a global scale and its potential for international collaboration.

The evening also witnessed the prestigious Trendsetter Award being presented to Principal Mr. Eugene D’monte, Prof (Mrs.) Safina Shahid Rakhangi, and Adv. Ashraf Ahmed Shaikh. Renowned designers and a choreographer were also felicitated for their creativity and contribution to the fashion industry. Their innovative designs and artistic choreography have significantly impacted the realm of fashion, inspiring generations. The event also promises to be an enchanting amalgamation of tradition and modernity, celebrating the enduring legacy of Khadi while acknowledging the remarkable achievements of individuals in education and fashion.

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