Apr 16, 2024 | Uncategorized
Essen Speciality Films Limited proudly announces its remarkable achievements at the Nayi Peedhi Entrepreneurs Award 2024, held in association with PLASTICS TODAY Sanyukt Vyapar. Mr. Pallav Doshi, representing Essen Speciality Films Limited, have been honored with the prestigious “Nayi Peedhi Entrepreneurs Award” as the icon of New Generation Entrepreneurs for their outstanding contributions to the industry.
Essen Speciality Films Ltd stands out as one of the few manufacturing companies in India championing gender equality and women-empowerment. The company’s commitment to inclusivity is evidenced by its implementation of night shifts for women in production, ensuring equal participation at all levels round the clock.
Moreover, the company reaffirms its dedication to business sustainability through the horizontal expansion of its product range and the acquisition of new customers globally. The company has recently added new customers in the USA, India, and Sweden, introducing innovative products such as desk mats, artificial plants, and shower curtains with hooks to diverse markets.
Mr. Pallav Doshi, Managing Director of Essen Speciality Films Limited, expressed his gratitude for the recognition, stating, “Receiving the Nayi Peedhi Entrepreneurs Award as the icon of New Generation Entrepreneurs is truly an honor for us. These accolades not only recognize our individual efforts but also acknowledge the collective dedication of our team towards driving innovation and sustainability in the industry. At Essen, we believe in pushing the boundaries of what’s possible, and these awards serve as a testament to our commitment to excellence and positive change.”
In line with its commitment to operational and manufacturing sustainability, Essen has made significant strides. The complete phasing out of diesel forklifts in favour of electric forklifts demonstrates the company’s eco-conscious operational practices. Furthermore, the implementation of a solvent recovery system underscores Essen’s proactive approach to drastically reduce environmental impact by recovering and reusing solvents.
Investments in cutting-edge technology further solidify company’s position as a leader in innovation. The acquisition of a state-of-the-art X-Rite’s (parent organization of PANTONE) color booth, Photospectrometer Ci62 UV equipped with advanced software and analytics, exemplifies the company’s commitment to precision, quality, and efficiency in production.
As ESFL continues to innovate and expand its global footprint, the company remains committed to driving positive change within the industry while delivering exceptional products and services to its customers.
Apr 16, 2024 | Uncategorized
National Stock Exchange of India (NSE), in collaboration with Pahle India Foundation (PIF), announced the launch of an exclusive compendium summarizing the insights and discussions from a series of 11 seminars focused on Environmental, Social, and Governance (ESG). This landmark publication was unveiled at a special event, at NSE headquarters, attended by industry leaders, policymakers, and sustainability advocates.
The collaboration between NSE and PIF on this initiative has been a pioneering effort in bringing together a diverse group of stakeholders, market participants, policy makers and domain experts on a single platform and engaging in thought-provoking discussions with the aim of policy advocacy, while keeping ESG issues at the forefront.
Each seminar was meticulously designed to tackle specific aspects of ESG such as green bonds and carbon trading, stewardship code, NBFC and PSU governance and the Social Stock Exchange. Following these engaging and insightful discussions, a policy brief was released summarizing the key points and recommendations made during each seminar.
The compendium released by NSE and PIF compiles these policy briefs, offering an overview of the policy imperatives in the current ESG landscape and a vision for a sustainable and equitable future.
Speaking at the event, Shri Ashishkumar Chauhan, MD & CEO, NSE emphasized the importance of ESG considerations in today’s market environment. “This compendium is not just a reflection of the discussions that took place; it’s a roadmap for integrating sustainability into the core of our ecosystem. It’s the culmination of a year-long journey of knowledge sharing and a step forward towards fostering a more responsible market,” said Shri Ashishkumar Chauhan.
Dr. Rajiv Kumar, Chairman of Pahle India Foundation and former Vice Chairman of NITI Aayog who founded PIF in 2013, as a non-profit research policy think tank, highlighted the combined effort behind the seminars and the compendium. “Through our collaboration with NSE, we aimed to create a platform for meaningful dialogue on ESG. This compendium is a testament to our commitment to promoting sustainable development and responsible business practices in India,” remarked Dr. Rajiv Kumar.
Apr 16, 2024 | Uncategorized
Pravaig, a fast-emerging Indian company with expertise in deep tech and manufacturing building EVs, advanced batteries, and AI products in India, has today announced the launch of Nritya Mandap Cufflinks on the auspicious occasion of Rama Navami. The cufflinks, priced at INR 3,900, are crafted using Pravaig’s AI tools. Following the unveiling of the Kedarnath-inspired Cufflinks, Pravaig marks yet another milestone for its AI product line with this launch. Pravaig blends AI design with spirituality in its latest fashion addition with India-inspired Cufflinks showcasing the brand’s cutting-edge technology and reverence for heritage.
Inspired by the revered Nritya Mandap of the Ram Mandir in Ayodhya, these limited-edition cufflinks encapsulate the essence of Indian heritage in a contemporary fashion statement. Crafted with meticulous precision and reverence for tradition, each pair of Nritya Mandap Cufflinks epitomises the timeless elegance of Vedic architecture while seamlessly blending with modern design principles.
In a world where tradition meets innovation, Pravaig continues to redefine standards of excellence and creativity. The Nritya Mandap Cufflinks represent a harmonious fusion of heritage and contemporary aesthetics, embodying the ethos of Vedic Futurism.
With its AI Labs, a specialised Technology backed Designing and Manufacturing arm, Pravaig is committed to build India’s technological foundation. Conceptualised using generative AI and manufactured using 3D printers, under their AI Labs, the limited-edition Cufflink is a testament towards the Pravaig’s focus on creating edgy Indian products for the world.
Commenting on the launch, Mr. Ram Divedi, CSO and Co-Founder, Pravaig, said, “Technology has never been more omnipresent yet inaccessible. We, at Pravaig, are committed to democratise technology by continuously innovating to meet the ever-evolving needs of our consumers. We are excited to expand our lifestyle product portfolio with the new Cufflinks, blending fashion with functionality.”
He added, “Our Ram Mandir Cufflinks are a special addition, inspired by the profound significance of the Ayodhya temple. They symbolise not just style, but also reverence for our cultural heritage. We’re proud to offer products that reflect the values and traditions that are essential to our customers”.
Each of these products are limited editions and showcase the essence of spirituality or heritage. This one is dedicated to the Ram Mandir while incorporating contemporary design elements, reflecting a seamless blend of tradition and modernity. Just as the temple stands as a symbol of faith and unity, these cufflinks serve as a tangible representation of devotion and reverence for consumers.
Pravaig’s Ram Mandir Cufflinks encapsulate the sacred aura of the historic temple in Ayodhya, intertwining tradition with modern elegance. Each pair embodies the reverence and cultural significance of the Ram Mandir, serving as a treasured adornment for every momentous event.
Apr 15, 2024 | Uncategorized
Bharat Web3 Association (BWA) and Japan ANICANA Dealers Association (JADA) have announced the signing of a Memorandum of Understanding (MoU) to explore collaborative opportunities in the realm of Web3 technologies. The MoU outlines the key terms for a potential future Partnership Agreement between the two entities.
The Agreement sets the stage for both BWA and JADA to engage in joint initiatives focused on Web3-related advocacy, educational conferences, expos, workshops, and thought leadership activities. This collaboration aims to foster a conducive environment for knowledge-sharing, innovation, and industry advancement within the Web3 ecosystem. By engaging in these collective endeavours, BWA and JADA seek to drive growth, excellence, and meaningful contributions to the evolving landscape of Web3 technologies.
Furthermore, JADA will collaborate with LEVIAS Inc., represented by Vinod Singh Parihar, who serves as a Board member of LEVIAS Inc. and co-founder of its India Partner, Masayume Edute.
Dilip Chenoy, Chairperson, Bharat Web3 Association, “The partnership reinforces our goal of collaborating with stakeholders from across the industry, both domestic and international. We hope to leverage our partnership to exchange insights on use cases, manage risks through regulatory frameworks, and develop policies while sharing compliance best practices. We hope to work together for the benefit of the growing Web3 ecosystem in the country, and help our respective members share ideas and expertise for the benefit of all”
Keiko Tanaka, Chairperson, Japan ANICANA Dealers Association, “The Japan ANICANA Dealers Association aims to promote the use of the Web3.0 platform called ANICANA by various businesses within Japan. Our goal is to conduct research, surveys, and provide development support for businesses and products, contributing to the healthy development of the industry and the protection of users. We place great importance on establishing and guiding self-regulation, rules, and guidelines necessary to ensure proper operation.”
We are pleased to announce that we have signed an MOU with BWA, laying the foundation stone for the bridge between Japan and India, fostering mutual cooperation and development.
Apr 15, 2024 | Uncategorized
A leading custom-made shirt business, the shirt dandy, announces its strategic partnership with Successori Reda S.p.A., an esteemed Italian company with 150 years of heritage in the textile industry. Since 1865 Reda has been a model of style and elegance, a leader in the production of fine pure wool fabrics intended for the making of classic men’s suits. Reda production is the result of a consolidated heritage of values, consisting of the constant search for excellence, the valorization of the human relationship with all collaborators and the attention to respect for the environment, which has led REDA obtain B Corporation certification.
This groundbreaking collaboration will witness the shirt dandy joining forces with Tailoor, the software arm of REDA, renowned for its cutting-edge innovations. By aligning with Tailoor, TSD aims to accelerate the introduction of pioneering AI features into the Indian market, marking a significant advancement in the realm of custom shirt craftsmanship. This collaboration also marks a pivotal moment in the fashion industry, leading to a new era of innovation and personalized experiences for customers in the Indian market. They aim to redefine the custom apparel landscape in India by leveraging cutting-edge AI technology, 3D configuration, and innovative holistic customer experience. Through this, TSD will introduce a revolutionary virtual assistant, empowering customers to bring their own unique style visions to life with unparalleled ease and precision. The virtual assistant will act like a personal assistant and recommend fabrics, colors and style choices based on customers questions and inputs.
On this partnership, Mr. Thomas Hebenstreit, Founder and CEO, the shirt dandy said, “We are excited about this groundbreaking collaboration with an Italian institution that paths the way in so many areas. This partnership marks a significant milestone for the shirt dandy as we strategically position ourselves to pioneer innovation in the Indian market for the years ahead. By leveraging Tailoor’s expertise and our passion for quality craftsmanship, we are poised to redefine the standards of sartorial excellence in India. Together, we are committed to delivering unparalleled value and sophistication to our discerning clientele. This collaboration underscores our unwavering dedication to pushing boundaries and setting new benchmarks in the fashion industry. We are excited about the limitless possibilities that lie ahead and look forward to making a lasting impact on the Indian fashion landscape.”
As part of this strategic collaboration, TSD is now actively seeking seed funding to fuel its ambitious growth plans. The infusion of capital will empower TSD to further enhance its product development efforts, scale its operations, and accelerate market penetration. With a clear vision and a strong foundation, TSD is primed to capitalize on emerging opportunities and establish itself as a frontrunner in the industry.
Apr 15, 2024 | Uncategorized
Ambuja Cements, the cement and building material company of the diversified Adani Portfolio, signs definitive agreement to acquire My Home Group’s 1.5 MTPA Cement Grinding Unit in Tuticorin, Tamil Nadu. The acquisition estimated at a total value of Rs. 413.75 Crores through internal accruals will aid in enhancing the coastal footprint across southern markets of Tamil Nadu and Kerela. The total cement capacity of Adani Group stands at 78.9 MTPA.
The asset spread across 61 acres of land, conveniently located near the Tuticorin Port with a long-term fly ash agreement will be value accretive from the beginning. Ambuja Cements will leverage the coastal footprint and state-of-the-art marine infrastructure and equipment, ensuring that the best quality products are delivered.
This acquisition provides access to the southern market customers with an opportunity to experience and instil their trust in one of the most iconic and trusted brands – Ambuja Cement. Furthermore, the limited availability of limestone in Tamil Nadu presents a unique competitive advantage with coastal movement of clinker from the Sanghipuram Plant ensuring cost-efficient operations.
Mr. Ajay Kapur, CEO – Cement Business, Adani Group, said, “We are glad to announce this acquisition, strengthening our foothold in the region and aligning perfectly with our commitment to delivering high-quality products and services to our customers. In addition to the infrastructure and geographical advantages, Ambuja Cements will also inherit the existing dealer network and retain current employees, facilitating a smooth transition and enabling the rapid ramp-up of utilisation.”
About Ambuja Cements Limited
Ambuja Cements Limited, is one of India’s leading cement companies and a member of the diversified Adani Group – the largest and fastest growing portfolio of diversified sustainable businesses. Ambuja, with its subsidiaries ACC Ltd. and Sanghi Industries Ltd has taken the Adani Group’s cement capacity to 78.9 MTPA with 18 integrated cement manufacturing plants and 19 cement grinding units across the country. Ambuja has been recognised among ‘India’s Most Trusted Cement Brand’ by TRA Research in its Brand Trust Report, 2024 and among ‘Iconic Brands of India’ by The Economic Times. Ambuja has provided hassle-free, home-building solutions with its unique sustainable development projects and environment-friendly practices since it started operations. The company has many firsts to its credit – a captive port with six terminals that has facilitated timely, cost-effective and cleaner shipments of bulk cement to its customers. To further add value to customers, the Company’s innovative products like Ambuja Cement, Ambuja Plus, Ambuja Compocem and Ambuja Kawach are now enlisted in GRIHA product catalogue. These products not only fulfil important customer needs but also help in significantly reducing their carbon footprints. Being a frontrunner in sustainable business practices, Ambuja Cements ranks among ‘India’s Top 50 companies contributing to inclusive growth’ by SKOCH and ‘India’s Top 50 Most Sustainable Companies’ Cross-Industry by BW Businessworld.
