Feb 12, 2024 | Uncategorized
illuminate 2.0 – A tribute to engineering innovation, an initiative by L&T Technology Services Limited (BSE: 540115, NSE: LTTS), and the esteemed National Institute of Engineering (NIE) in Mysuru, is excited to announce its highly anticipated second edition. Scheduled for Saturday, February 17, at the Karnataka State Open University (KSOU) Convocation Hall, the event promises to be a grand showcase of India’s trailblazing innovations and technological marvels.
illuminate’s speaker lineup boasts of Ramesh KS, Senior Vice President of Ather Energy, who will decode the Cornerstones of Ather Energy’s Electric Vehicle Design, and Mukesh Raval, Advisory Specialist at Larsen & Toubro, who will reveal the intriguing narrative behind the design and construction of the world’s tallest statue – The Statue of Unity. The event is set to draw a diverse and distinguished audience comprising scientists, engineers, industry leaders, government dignitaries, academia, students, and representatives from the media.
Ranked amongst the top engineering colleges in India, The National Institute of Engineering has established 14 Centres of Excellence (CoE) in collaboration with the industry and alumni to enrich research and consultancy activities and to make the course curriculum more contemporary and effective. illuminate 2.0 marks a collaboration between LTTS, an established leader in engineering and R&D services, and NIE, fostering a spirit of excellence that aims to highlight modern engineering advancements and offer insights from both industry and academia. This platform provides a unique opportunity for sharing technical knowledge and expertise from leading practitioners reshaping the global engineering landscape.
Abhishek Sinha, Chief Operating Officer and Board Member at L&T Technology Services stated, “Engineering innovation plays a critical role in shaping our collective future. With iIlluminate, our aim is to shine a light on the exemplary efforts of national trailblazers who are driving forward these technological advancements. Following a successful inaugural edition, both L&T Technology Services and the National Institute of Engineering are poised to propel this celebration of engineering excellence to even greater heights.”
Dr. Rohini Nagapadma, Principal, NIE – Mysore “illuminate serves as an influential platform for students to gain insights from leading practitioners who are redefining the global engineering landscape. The direct industry-academia engagement fostered by this event is invaluable for budding engineers. Collaborating with L&T Technology Services to drive illuminate towards what promises to be an enlightening second edition is indeed a pleasure.”
In its inaugural edition in 2023, illuminate featured the esteemed Padma Shri Dr. Mylswamy Annadurai, the renowned former ISRO scientist affectionately known as the ‘Moon Man of India’, and the innovative Sudhanshu Mani, the genius behind the conceptualization of the revolutionary ‘Vande Bharat’ express trains.
Feb 12, 2024 | Uncategorized
LAPP India, a leader in cable and connection technology, inaugurated its first-ever compounding plant within the entire LAPP Group. This state-of-the-art facility, sprawling across 36,000 square feet in Bhopal, Madhya Pradesh, signifies a monumental leap towards backward integration and self-reliance. Equipped with cutting-edge technologies, including an automated dosage system, the plant enables large-scale manufacturing of proprietary formulations developed by the collaborative ‘Compounding Plant Braintrust’ – a team of experts from LAPP Korea, LAPP Switzerland, LAPP Germany, and LAPP USA dedicated to crafting specialized compounds for diverse cable applications.
Mr. Matthias Lapp, Chairman of the Board of Lapp Holding SE & CEO LA EMEA inaugurated the plant. The event was graced by Mr. Andreas Lapp – Chairman of the Board for Lapp India, Gary Bateman – Managing Director of LAPP India and other the senior management of LAPP as well as esteemed customers. This strategic expansion marks a significant milestone in LAPP India’s growth journey and highlights its commitment to cater to the growing demand for its high-quality cables and connection systems across various sectors.
Mr. Matthias Lapp, Chairman of the Board of Lapp Holding SE & CEO LA EMEA on the inauguration said, “We are incredibly proud of the achievements of our team at LAPP India. The opening of this state-of-the-art compounding plant is a testament to the dedication and commitment to innovation at LAPP. This facility equipped with cutting-edge technologies such as ‘Automatic Dosage System’ and predictive intelligence, signifies LAPP India’s dedication to ‘Make in India’ initiatives. It boosts local production and drives regional growth.”
Coinciding with the launch of the new plant that is dedicated to backward integration and developing proprietary compounds, LAPP India marks a 25-year milestone. The Compounding Plant with state-of-the-art equipment and automated system ensures quality and consistency in the compound mixing process which is important to manufacture cables for special applications. This plant additionally houses a revolutionary E-beam charger, directly addressing the surging demand for high-performance cables in crucial sectors like railways (ensuring reliable operations), metros (supporting sustainable urban transportation), renewable energy (providing durable cables for clean energy projects), and e-mobility charging (enabling next-generation charging infrastructure).
Mr. Gary Bateman, Managing Director, LAPP India, said “The inauguration of our Bhopal plant signifies a transformative leap for LAPP India. Beyond meeting India’s growing demand for high-quality cables, this state-of-the-art facility signifies a commitment to fostering India’s industrial growth by fueling innovation and local employment opportunities. The newly inaugurated plant holds a great significance for LAPP India as it is initiating a journey of backward integration for development of proprietary compound formulations.”
Since its inception in 2012, the Bhopal plant has witnessed an incredible journey. It began with single-core production, steadily expanded to multi-core and solar cables, and now boasts a compounding plant for specialized cable manufacturing. This remarkable progress reflects LAPP India’s dedication to continuous improvement and serving the evolving needs of the Indian market.
LAPP India aims to be a 300-million-euro company by 2027, solidifying its position as a leading force in the Indian cable industry. With a vision for further expansion, Mr. Lapp and Mr. Bateman expressed their enthusiasm for establishing similar setups in the near future, solidifying their commitment to driving industry excellence in India.
Feb 12, 2024 | Uncategorized
Bharat Tex 2024, India’s premier global textile event, is set to witness a grand confluence of iconic handloom and handicraft traditions from Gujarat, Maharashtra, Telangana, Uttar Pradesh, and Madhya Pradesh. Five Indian states are set to captivate the spotlight as they present a shared narrative of artistic excellence, featuring handloom craftsmanship, and unveiling distinctive textile innovations.
With Uttar Pradesh & Maharashtra coming onboard as the ‘Partner State’, Bharat Tex 2024 announces Gujarat, Telangana and Madhya Pradesh joining as the ‘Supporting Partner States’. Andhra Pradesh, Tamil Nadu, Karnataka and Assam will be setting up state pavilions at the premier global textile event. From Madhya Pradesh’s iconic Batik printing, hand-block printing, Chanderi and Maheshwari silk, Gujarat’s Bandhani, Patola silk, hand-painting, Uttar Pradesh’s Chikankari, Zari-Zardozi, Maharashtra’s Paithani saree, Warli Art, Mashru & Himroo to Andhra Pradesh’s much-admired Jute, hand-drawn Kalamkari, lavish handwoven Dharmavaram sarees and fine Mangalagiri cotton weaves, Bharat Tex 2024 will boast globally acclaimed states’ handicraft & handloom traditions and state’s progressive initiatives in terms of policies, innovative technologies and initiatives like the upcoming textiles parks.
Commenting on the state partnership, Shri Eknath Sambhaji Shinde, Hon’ble Chief Minister of Maharashtra said, “I am proud to announce Maharashtra’s participation as Partner State at Bharat Tex 2024. As the largest international exposition in India, the event is shaping up to be the largest platform for industry collaboration and innovation. Maharashtra has been a significant part of the growth story of the textile and apparel sector in India; be it the rich cultural tradition of the Paithani saree or the advancement of Smart Textiles by a few aspiring start-ups. The textile and technical textile sector plays a significant role in shaping Maharashtra’s economic landscape, and we are committed to nurturing its continued success. Maharashtra will ensure that every thread spun adds to the rich tapestry of our nation’s progress, towards a Viksit Bharat in 2047”.
On Madhya Pradesh joining as a ‘Supporting Partner State’, Shri Dr. Mohan Yadav, Hon’ble Chief Minister, Madhya Pradesh, said “Prosperity of Madhya Pradesh lies in the progress of its industries. Establishment of industries results in the growth of employment opportunities. The state government is committed to achieve comprehensive development fostering good governance and implementing an effective system”.
With Gujarat coming on board as a ‘Supporting Partner State, Shri Bhupendra Patel, Hon’ble Chief Minister of Gujarat said “For Gujarat, Textile is not just an industry, but also a tradition and a legacy which we present to the world through the magic of our handicrafts and machines. The growth of the textiles sector lies in the growth of India and the growth of job opportunities. Our textile industry stands as a beacon that realizes 5F (Farm to Fibre to Factory to Fashion to Foreign), the concept presented by our Honourable Prime Minister Shri Narendra Modi. Today, Gujarat has become a centre of attraction for the importers of garments across the globe. Gujarat is the highest contributing state in woven fibre production across the Nation, reflecting our ambition to become a leader in ‘Make in India’ and ‘Make for the World”.
With Telangana coming on board as a ‘Supporting Partner State’, Sri Anumula Revanth Reddy, Hon’ble Chief Minister of Telangana said, “Historically, textiles have a unique relationship with the development of civilisation, and India has had a unique leadership position in the world for textiles. The Bharat Tex 2024, seen in such a context, is a welcome initiative by the Export Promotion Councils, not just for showcasing India’s unique textile products to the world but also as a platform for attracting investments into the textile and apparel sector. Telangana has a vibrant, diverse and rich heritage of handlooms, including Gadwal, Narayanpet, Pochampalli ikkat varieties of cloth, and handicrafts like Banjara art, Bidri, et al. Telangana is also a leading manufacturing hub for textiles, with a strong presence in all of 5F sectors. With Bharat Tex 2024, we are looking forward to leveraging a sui generis platform to showcase the Telangana textile story to the entire world.”
Further spreading the textile fervour, in the heart of Bharat Tex 2024 lies a unique opportunity for artists and designers to leave their indelible mark and create a piece of history. Ministry of Textiles is hosting the Bharat Tex Memento Design Contest on the official MyGov website, centred around the theme ‘Threads of Tradition and Innovation’ at Bharat Tex. The first runner up will receive a cash prize of INR 10,000 followed by INR 3,000 & INR 2,000 for the second and third winners, respectively. The winning design will be presented to esteemed dignitaries during Bharat Tex 2024.
The eagerly awaited culmination of the Textile Sustainability Awards 2024, orchestrated by The Confederation of Indian Textile Industry (CITI), is set to grace the prestigious Bharat Tex event at Bharat Mandpam in New Delhi on February 27, 2024. This event will bring together leaders in the industry, policymakers, and champions of sustainability, creating a platform to celebrate the remarkable strides made by the textile industry towards a more sustainable and environmentally aware future.
Participation from leading international textile companies, including Fortum, Lenzing, H&M, Busana Group, and Hyosung Corp highlights India’s expanding influence in the global textile sector, indicating a favorable prospect for heightened investments in the nation’s textile industry. Besides industry participation, ministerial and business delegations are also expected from key textiles hubs, including Australia, Italy, Turkey, South Korea, Bangladesh, Russia, Peru, Egypt, and Thailand to attend.
While these collaborations represent a substantial stride towards advancing growth, innovation, and sustainability within the textile industry, the mega event spread across nearly 2 lakh sq. ft area and 50+ knowledge sessions, will bring forth an impressive mix of companies showcasing apparel, Home Furnishings, Floor Coverings, Fibres, Yarns, Threads, Fabrics, Printing Techniques, Carpets, Silk, Textiles based Handicrafts, Technical Textiles and much more.
With innovation, collaboration, and the ‘Make in India’ spirit at its core, Bharat Tex 2024 is the embodiment of Hon’ble Prime Minister Narendra Modi’s 5F vision – Farm to Fibre to Factory to Fashion to Foreign who will also be seen inaugurating the expo. The event is envisaged to be the biggest textile event at the global level, with 3500+ exhibitors and 40,000+ visitors from over 40 countries. Bharat Tex 2024 will be a comprehensive showcase of the entire textile industry value chain, right from showcasing India’s rich cultural heritage and textile traditions to the latest technological innovations.
Feb 12, 2024 | Uncategorized
Ami Organics Limited (AMI) (BSE: 543349, NSE: AMIORG), a leading global manufacturer of advance pharmaceutical intermediates and speciality chemicals, today announced financial results for the third quarter and nine months ended December 31, 2023.
Consolidated Financial Results – Q3 & 9MFY24:
Particulars (Rs. Mn)
|
Q3FY24
|
Q3FY23
|
YoY
|
Q2FY24
|
QoQ
|
9MFY24
|
9MFY23
|
YoY
|
Revenue from Operations
|
1,664
|
1,524
|
9.2%
|
1,724
|
(3.4)%
|
4,925
|
4,304
|
14.4%
|
Gross Profit
|
714
|
700
|
2.0%
|
708
|
1.0%
|
2,158
|
2,045
|
5.5%
|
Gross Margin
|
42.9%
|
46.0%
|
|
41.0%
|
|
43.8%
|
47.5%
|
|
EBITDA
|
265
|
308
|
(13.9)%
|
248
|
6.8%
|
853
|
818
|
4.3%
|
EBITDA Margin
|
15.9%
|
20.2%
|
|
14.4%
|
|
17.3%
|
19.0%
|
|
PAT
|
178
|
223
|
(20.1)%
|
147
|
20.9%
|
548
|
561
|
(2.4)%
|
PAT Margin
|
10.7%
|
14.6%
|
|
8.5%
|
|
11.1%
|
13.0%
|
|
Note: PAT and PAT Margin are adjusted for Exceptional Items. Exceptional item includes full impairment of JV with Ami Oncotheranostics LLC.
Commenting on results, Mr. Naresh Patel, Executive Chairman & Managing Director, Ami Organics Limited, said, “In the face of a challenging landscape of the chemical industry, I am pleased to report that we have been able to deliver quality growth in Q3FY23 with our revenue from operations growing 9.2% YoY to Rs. 1,664mn. This growth is underpinned by robust volume growth of 25%, indicating strong business traction.
During the quarter, we further solidified our relationship with Fermion by signing an agreement for two additional advanced intermediates for their APIs. This milestone reflects AMI Organics’ prowess in fostering enduring client relationships, ably supported by strong R&D and manufacturing strengths. Additionally, we also inaugurated a state-of-the-art, technology-driven plant at our Ankleshwar site, designed to meet the growing demand in the Pharmaceutical intermediate business.
I am also excited to share that we have signed an MOU with a global manufacturer of Electrolytes for the manufacturing of electrolytes for battery cells and allied materials. In this context, we have also signed a MoU with the Government of Gujarat for investment amounting up to Rs 300 crores for setting up of a dedicated manufacturing facility for electrolytes business in Gujarat.
Despite the industry headwinds, we remain confident of closing the year with healthy growth. I would also like to highlight that the various initiatives we have taken in FY23 and FY24 enhances our revenue visibility for FY25 and beyond, bolstering our confidence in our potential for stronger growth in coming years.”
Key Results Highlights (Q2 FY24 Consolidated):
-
Revenue from operations for Q3FY24 grew by 2% YoY to Rs. 1,664 mn
-
The gross margin for the quarter was at 9% as compared to 46% in Q3FY23 and 41% in Q2FY24. Gross margins contracted 303 basis points YoY but expanded by 190 bps sequentially. Gross margins were driven by unfavourable product mix and pricing pressure.
-
EBITDA for the quarter came at 265 mn down 13.9% YoY compared to Rs. 308 mn in Q3FY23 and up 6.8%, QoQ compared to Rs. 248 mn in Q2FY24.
-
EBITDA margin for the quarter was at 9% as compared to 20.2% in Q3FY23 and 14.4% in Q2FY24. EBITDA margins degrew by 430bps YoY and grew by 153 bps sequentially. EBITDA margins were largely driven by gross margins.
-
PAT for the quarter was 178 mn. The PAT margin for the quarter was 10.7%.
Key Business highlights:
ü Advance Pharmaceutical Intermediates
taking total products under CDMO with Fermion to 5
ü Electrolyte Business:
-
Signed a MOU with a global manufacturer of Electrolytes for manufacturing of electrolytes for battery cells and allied materials
-
Signed MOU with the Government of Gujarat for investment amounting up to Rs 300 crores for set up of dedicated manufacturing facility for electrolytes business in the state of Gujarat
Feb 12, 2024 | Uncategorized
IBM (NYSE: IBM) and Mahindra & Mahindra Financial Services Limited (Mahindra Finance) today announced a strategic collaboration to build a super app that would serve as a single digital interface for consumers to access multiple businesses within Mahindra Finance.
This app will enable consumers from both metros and non-metros to have 24×7 digital access to avail and manage products & solutions in a secure, streamlined, and simple manner. This would be by housing Mahindra Finance’s various vehicle and non-vehicle lending businesses, including personal loans, enterprise loans, mortgage loans, leasing solutions, payments, fixed deposits, insurance solutions, and other investment & wealth management solutions under one roof. The app will further provide superior and immersive experiences to the customers of Mahindra Finance and strengthen the company’s position as the financial solutions partner of choice for emerging India.
Speaking on the development, Raul Rebello, MD & CEO-Designate, Mahindra Finance said, “We at Mahindra Finance are keen to accelerate delivery of our digital financial solutions to better serve our customers. The super app is a strategic lever that will expedite growth of key businesses in an operationally efficient manner that combines omnichannel capabilities. It will also empower us to create hyper-personalised solutions for emerging India”.
“Super apps have the potential to bring a paradigm shift in the financial services industry, enabling significantly superior customer engagement and unleashing new business models,” said Rishi Aurora, Managing Partner, IBM Consulting India & South Asia. “Having worked with multiple financial organizations that are in different stages of their growth journeys in India and across the world, we are happy to collaborate with Mahindra Finance in their endeavor to build a seamless digital journey. Leveraging future-ready hybrid cloud capabilities, the super app will help Mahindra Finance move up the value chain through unique differentiated customer experiences.”
IBM Consulting will leverage human-centred design methodology to enhance the super app experience, covering every stage of the customer journey. This approach will involve integrating deep understanding of Mahindra Finance’s customer needs with superior application UI design to offer an experience that creates customer value as well as unlocks business value for the company. At the foundation level, IBM Consulting will bring cloud transformation and cloud management expertise to help design a secure, scalable, and resilient digital platform architecture to be deployed on a hybrid multi-cloud environment that will enable easy integration of new technologies in future, including generative AI.
Feb 12, 2024 | Uncategorized
Informa Markets in India, the leading exhibition organizer, is all set to organize SATTE 2024, South Asia No 1 travel exhibition. Scheduled from 22nd -24th Feb 2024 at the India Expo Mart, Greater Noida, Delhi NCR. SATTE has received overwhelming response from the Indian and global travel and tourism market. Now in its 31st edition and as one of the biggest shows in the APAC region, SATTE’s 360-degree role in developing domestic, regional, inbound and outbound tourism finds its greatest echo in the show’s growing stature as the biggest ever 2024 edition is expected to draw participation of over 1500+ exhibitors, 800+ hosted international and domestic buyers, and agents/operators/professionals from over 120 Indian cities/towns.
SATTE 2024 offers perfect opportunity to gain an insight into India’s booming travel industry. The show brings the entire value chain of the travel, tourism, and hospitality industry at one platform to explore the tourism business opportunities and exchange ideas about the emerging scenario of the industry. With India’s visitor export earnings forecast to reach US $50 billion by 2028, SATTE 2024 is the right platform to support in achieving the set of goals of Indian tourism.
SATTE has consistently been supported by the Ministry of Tourism, Government of India, Indian and International Tourism Boards, Global travel trade bodies, airlines, hotels, wellness resorts, cruises, theme parks, cinema locales, corporate travel, investors and wedding planners amongst others.
SATTE 2024 introduces “ATITHI” an exclusive Reverse Buyer-Seller Meet, a pioneering initiative by Services Export Promotion Council (SEPC), with the support of Ministry of Commerce & Industries. Aimed at boosting inbound tourism, SEPC, in association with SATTE, is mobilizing the participation of around 250 international buyers from more than 50 countries to enhance business opportunities for stakeholders from Indian Tourism Industry from across India. The SEPC@SATTE initiative comes at the most opportune moment to make India a most sought-after travel destination in the world, and to ultimately accomplish Vision@2047.
Among the states, Uttar Pradesh is the Host State. Bihar, Karnataka, Madhya Pradesh, Odisha, Rajasthan, Tamil Nadu and Uttarakhand are partner states. We shall also be witnessing participation from Ministry of Tourism Govt. of India and the 8 Northeastern States.
SATTE 2024 also has confirmed participation from NTOs such as Saudi Arabia, Dubai, Mauritius, Gorgia, Azerbaijan, Jamaica, Uzbekistan, South Korea, Maldives, Thailand, Malaysia, Indonesia, Singapore, Hong Kong, Danang Province of Vietnam, Chonburi Provindal of Thailand, Nepal, Sri Lanka, Bhutan amongst others. While Saudi Arabia is the Premium Partner Country, Dubai, Maldives, Sri Lanka, Singapore, Malaysia and Thailand are partner countries.
Moreover, private players such as Air India, Resort World Cruise, MakeMyTrip, EaseMyTrip, TBO.com, RezLive, Tripjack, TravClan, Akbar Travels, TravelBullz, My Value Travel, Yorker Holidays, Wow Holidays, Rayna Destination Management, Satguru Travel, Fly24hrs, GRNconnect, Stic Travel, Ark Travels, STS World, European Voyages, Royal Thai Vacation, OneAbove, FlyRemit, Salvia Travels, Sarovar Hotels & Resorts, The Fern Hotels & Resorts, Sterling Holidays, Cheval Collection, Suba Hotels, Udaan Hotels & Resorts, Key Resorts International, Uday Samudra Leisure Beach Hotel, Island Holidays, Cruise Carrot, are some of the prominent names who are part of the current edition.
The show also extends ties with PATA and has always been well supported from the associations like UFTAA, TAAI, TAFI, IATO, ADTOI, SKAL, ICPB, TOA, ABTO, OTOAI, ATOAI, ETAA among others.
Mr. Yogesh Mudras, Managing Director, Informa Markets in India, expressed his enthusiasm for SATTE 2024, saying, “The travel and tourism industry in India witnessed a milestone year in 2023, experiencing remarkable growth and reaching approximately INR 16.5 trillion, thereby highlighting its pivotal role in the nation’s economy. Notably, there was a significant increase in travel frequency among Indians, including for MICE tourism, with a growing interest observed in both popular, lesser-known, and spiritual destinations. This trend presents an opportunity for destination diversification and addresses concerns regarding over-tourism. Furthermore, this narrative of growth was complemented by substantial enhancements in transportation infrastructure, including improvements in road networks and air connectivity, with the addition of 85 new sectors since April 2023.
Within this dynamic context, we are thrilled to announce the 31st edition of SATTE, with its multitude and strategic tie-ups, features, and trends, serving as the premier platform for building connections, exploring futuristic innovations, and witnessing the aura and colour of our show. This, we are certain will enhance the experience for all our esteemed attendees. The 2024 edition of the show is the largest ever, with Halls 5 and 6 being additionally utilised to accommodate the unbounded enthusiasm of stakeholders. For 2025, basis customer feedback, the show will be shifting to India’s largest convention and exhibition centre, Yashobhoomi (India International Convention & Expo Centre) in Dwarka, New Delhi,” he added.
Extensive Knowledge Sharing:
SATTE 2024 offers the perfect opportunity to gain insights into India’s booming travel industry. The show brings the entire value chain of the travel, tourism, and hospitality industry under a giant umbrella, to explore the tourism business opportunities and exchange ideas about the emerging scenario of the industry.
SATTE’s renowned knowledge-sharing sessions will also be taken to newer heights. Some of the conference subjects for this year includes ‘Tourism: The Balancing Act’, ‘Voice, Views and Action’, ‘Decoding MICE for Business & Career Opportunities’; ‘Tourism@2047: Amritkal Threadbare’; ‘Niche Affairs: Big Dollars’ and ‘Roar of The MICE’. Prominent Indian and International names in the travel and tourism space such as Ms. Ni Made Ayu Martini Deputy Minister of Marketing, Ministry of Tourism and Creative Economy Govt. of Indonesia; Noor Ahmad Hamid, CEO, PATA, a prominent international voice of travel and tourism; Sunil Kumar, President, UFTAA, the global umbrella organisation of travel agency industry; Steve Richer, Co-chair, Advocacy and Global Partnerships Committee at Skål International; Rajeev Kohli, former President, SITE Global; Gail Adams, CEO of Adams Jackson & Associates will moderate or speak at the various business sessions. Other prominent industry names and voices to feature at SATTE 2024 Conference include, Vishal Bhatia, Country Manager VisitBritain; Romit Theophilus, Director of German National Tourism Office in India; Abhinash Manghani, CEO of WelcomHeritage; Sanjay Basu, MD, Far Horizon; Ranjit Singh Parmar, Founder & CEO, Palaces of India and Naresh Rawal, Vice President, Sales & Marketing at Resorts World Cruises (India) among others.
The sessions will cater to every niche like wellness, adventure, and workcations. And to spark dynamic dialogue, we’re embracing interactive formats like workshops, panel discussions, and Q&A sessions.
Pre-Event Initiatives:
Leading up to the event, SATTE has had comprehensive outreaches in Tier 1 and 2 cities with Circle 31, where 31 handpicked industry influencers from emerging destinations were a part of our panel discussions; Association Reach programme, where networks of associations from potential tourist hubs were fostered. Additionally, ‘SATTE Travel Insight Podcasts’ (a Podcast featuring industry leaders), ‘SATTE Connect’ (10 city roadshow), and ‘GenX 365 Click’ (a new age digital portal to bring Buyers and Sellers at one platform to generate business leads) have created the requisite buzz. With sustained skilling being so critical to the industry, the SATTE ‘Travel Hospitality CSR initiative’ involves funding 50 students and training them for jobs in the tourism sector. At the venue, the highly coveted ‘SATTE Awards’ continues to recognize and reward innovation and excellence in the industry.
With these engagements, SATTE 2024 is set to be Bigger, Better and Bolder aiming to bring boundless energy to the Indian tourism market. The show will be organised at Yashobhoomi, Dwarka, from next year, with an aim to accommodate an even larger number of exhibitors and attendees, further solidifying its status as a premier platform for the travel and tourism industry in South Asia.
