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Dr. Sanjay Mayukh Applauds Indian Industries Association’s Key Role in Building a Viksit Bharat

# IIA, ‘Build Bharat Expo 2025’ will be held 19 to 21 March at Bharat Mandapam, focus will be on India’s industrial development.

New Delhi, December 23, 2024

The Indian Industries Association (IIA), Delhi Chapter, hosted TARANG 2024 , at the India Habitat Centre. The event brought together IIA members and their families for an evening of joy, unity, and reflection on the remarkable achievements of India’s MSME (Micro, Small, and Medium Enterprises) sector. It was not just about welcoming the New Year but also honoring the spirit of innovation, collaboration, and growth that propels the nation forward.

Indian Industries Association is playing key Role in Fulfilling PM Modi’s Vision of a VIKSIT BHARAT : Dr. Sanjay Mayukh"

Dr. Mamtamayi Priyadarshini, State Chairperson of IIA-Delhi, delivered the welcome address, highlighting IIA’s core mission of empowering MSMEs and fostering opportunities for business growth. Her speech underscored the importance of unity and collaboration in building a brighter future for the sector.

Dr. Sanjay Mayukh, National Media Co-head, Spokesperson, and Chief Whip of Vidhan Parishad (BJP), graced the event as the chief guest. In his address, Dr. Mayukh emphasized the need to move beyond traditional practices and align with Prime Minister Narendra Modi’s vision of a progressive, strong, and prosperous India.

“The era of traditional development is over. We are now in the era of Hon’ble Prime Minister Narendra Modi ji, where progress and dedication lead the way to a stronger, more prosperous India,” said Dr. Mayukh, energizing the audience and setting an optimistic tone for 2025.

Mr. Dinesh Goyal, National Senior Vice President of IIA, presented an ambitious roadmap for MSMEs titled “Transforming MSMEs to 4.2 & 48,” which aims to increase the sector’s contribution to India’s GDP from 33% to 48% by 2047, aligning with the vision of Amrit Kaal. He also unveiled plans to launch an IPO for MSMEs within the next two years—a significant step toward enhancing their visibility and fostering financial growth.

Charanjeet Singh, Vice President of IIA-Delhi, reflected on the occasion: “As we step into 2025, we are reminded of the immense potential the MSME sector holds in shaping the future of India. The Build Bharat Expo is a testament to our commitment to empowering industries nationwide. We are focused on fostering innovation, sustainability, and growth to drive India’s economic progress.”

Key Announcement: Build Bharat Expo 2025

One of the event’s highlights was the announcement of Build Bharat Expo 2025, scheduled from March 19 to 21, 2025, at Bharat Mandapam, New Delhi. This unique platform will advance India’s industrial sector by supporting MSMEs and traditional industries.

The expo will showcase a wide array of industries, including:

  • Green and clean energy
  • Building and construction materials
  • Electrical and electronics
  • Agro and food processing

Build Bharat Expo 2025 aims to address India’s manufacturing landscape by offering sustainable practices, localized supply chains, and technological advancements. Unlike other expos focusing on urban technologies and smart cities, this event emphasizes empowering regional industries and sustainable manufacturing practices, fostering innovation at all levels of the industry.

Manufacturers, dealers, distributors, and entrepreneurs will have opportunities to collaborate and contribute to India’s vision of a self-sufficient and prosperous future.

University of Manchester Opens Applications for MSc in International Disaster Management

October 17th, 2024: The University of Manchester is inviting applications from Indian students for their MSc in International Disaster Management for the 2025 session.  

The MSc in International Disaster Management at the University of Manchester offers a comprehensive and interdisciplinary exploration of the theories, policies, and practices essential for addressing the multifaceted challenges posed by disasters on a global scale. Over the course of one year, students will delve into key concepts such as vulnerability, resilience, governance, and sustainable development, gaining the critical skills needed to analyse and respond effectively to complex disaster scenarios. Led by an expert team drawn from diverse fields including geography, politics, development studies, and medicine, this program provides a dynamic learning environment where students are encouraged to engage with cutting-edge research, foster innovative solutions, and prepare for impactful careers in disaster management.

Upon completion of the program, graduates will emerge equipped with a Master of Science degree, ready to embark on careers in government agencies, non-profit organisations, international development agencies, or research institutions. With a focus on academic rigour and practical application, the MSc in International Disaster Management prepares students to make meaningful contributions to the field, addressing the urgent challenges posed by disasters and helping to build more resilient and sustainable communities worldwide.

Programme Delivery: “The MSc in International Disaster Management at the University of Manchester employs an innovative approach to programme delivery, combining traditional classroom instruction with practical learning experiences.” Through a series of lectures, seminars, and workshops led by experts in the field, students gain a comprehensive understanding of disaster management theory, policy, and practice. Additionally, hands-on activities, fieldwork opportunities, and research projects enable students to apply their learning to real-world scenarios, fostering critical thinking, problem-solving skills, and effective collaboration.

WOW Skin Science Records 5x Growth in U.S. Retail Through Strategic CVS Partnership

National, October 17, 2024: WOW Skin Science, a leading global beauty and wellness brand, proudly announces a significant milestone in its U.S. expansion. The brand has successfully secured shelf space for nine of its signature SKUs in CVS, the largest pharmacy chain in the United States. This partnership solidifies WOW Skin Science’s position as a formidable player in the competitive U.S. beauty market.

With this development, WOW Skin Science becomes the first Indian personal care brand to establish a presence across three of the largest U.S. retail chains: WalmartKroger, and now CVS. The brand plans to expand its footprint to approximately 2,000 CVS locations within the next 12 months, further amplifying its reach and visibility. With the combined expansion in Walmart and entry into CVS, WOW Skin Science products will now be available in nearly 2,000 outlets nationwide.

“This partnership marks a pivotal moment in our journey to bring innovative, nature-inspired personal care solutions to consumers across the United States,” said Manish Chowdhary, Co-Founder of WOW Skin Science. “Our collaboration with CVS not only underscores the strength of our brand but also reflects the growing demand for personalized, high-quality skincare products in international markets. We remain committed to delivering excellence to our global customers.”

WOW Skin Science’s exceptional performance in Walmart stores and on Amazon.com was a critical factor in CVS’s decision to on-board the brand. In addition, Walmart has significantly increased WOW Skin Science’s U.S. presence, with products now available in approximately 1,200 Walmart stores nationwide.

Mr. Sandeep Ghoshal, Head of International Business at WOW Skin Science, remarked“Securing shelf space at CVS aligns with our broader strategy to expand WOW Skin Science’s global footprint. This partnership not only enhances our brand’s visibility but also provides consumers with easier access to our innovative products across key markets.”

The partnership with CVS cements WOW Skin Science’s offline retail presence in the U.S., reinforcing its leadership in the beauty and wellness space. The brand’s placement in three major retail chains is unprecedented for any Indian personal care company, highlighting WOW Skin Science’s commitment to growth and innovation. As a brand driven by the synergy of nature and science, WOW Skin Science continues to pioneer new standards in personal care worldwide.

Lifechart Raises USD 500K to Scale Full Stack AI-Powered Gut Wellness Solutions

New Delhi, 17th October 2024: Lifechart, India’s leading fullstack gut wellness brand, has successfully raised approximately  from Prajay Advisors LLP, with Mumbai-based Cignas from NA Shah Advisors LLP acting as the transaction advisors to the deal. In addition to Prajay Advisors LLP, other investors i.e., Agility Ventures, Expert Dojo, and prominent angel investors such as Ahana Gautam, Nitish Mittersain – Founder of Nazara Technologies Pvt. Ltd., Sarath Sura – Founder of Sunn91 Ventures and Marwari Angels who have invested approximately  through convertible instruments were converted into equity in this round.

Gut health is fast becoming a priority in India, with 7 out of 10 Indians reportedly suffering from gut-related issues such as constipation, indigestion, fatty liver, piles, and acidity. Industry reports estimate that the global gut health market will reach  by 2025–26, and Lifechart is uniquely positioned to address this demand with its comprehensive diagnostic and treatment solutions.

Since its inception, Lifechart has positively impacted over 250,000 customers, primarily from Tier 2, 3, and 4 cities across India, with its innovative approach to gut wellness. The brand’s fullstack solution offers an end-to-end experience from diagnosis to treatment, leveraging AI-driven technology and a network of highly trained medical professionals. Lifechart is in the process of hiring 50 in-house BAMS and BHMS doctors, expanding its capacity to address the growing demand for gut health solutions in underserved regions.

“We are proud to have attracted the trust of marquee investors, especially during a funding winter. The new capital will be used to enhance our AI capabilities, launch our proprietary diagnostic solutions, and build a new brand targeting Tier 1 cities,” said Mukul Shah, CEO and Co-founder of Lifechart. “Our vision is not just to sell products, but to focus on diagnosing and treating gut health issues, which is a critical unmet need in India. This is what sets us apart from competitors.”

In addition to scaling operations in smaller cities, Lifechart is set to launch India’s first plant-based microbiome-focused products specifically designed for the Tier 1 cities of India. These products will provide natural, holistic solutions, formulated by BAMS doctors, aimed at promoting better gut health. The company is also developing Gut Wellness kits, which will address common ailments such as constipation, fatty liver, piles, gas, and acidity.

To complement its human expertise, Lifechart is enhancing its proprietary AI engine, which is able to predict the geographical rise of gut diseases based on demographic factors and regional health patterns. This predictive model allows the company to fine-tune its service offerings and deliver more targeted and effective solutions.

To further personalize, Lifechart is planning to introduce DIY gut health diagnostic kits. These kits will allow individuals to test their gut health from home, offering a convenient and accessible way to understand their digestive issues. The diagnostic process will be paired with expert consultation and AIpowered insights, enabling customers to receive personalized lifestyle and dietary recommendations for long-term gut health improvement.

“Through this funding, we will continue to expand our doctor network, enhance our AI model for better diagnosis, and launch India’s first gut wellness clinics and supermarkets in the coming years,” added Mukul Shah. “Our customers trust us—our 42% month-on-month repeat rate is a testament to that. This new investment will allow us to accelerate our growth while maintaining our CM2 profitability.”

Dr Prakash Mody (Founder of Unichem Laboratory) & Mr. Jayendra Shah, Founders of Prajay LLP said in a joint statement that “Gut health is a growing concern not only in India but throughout the world. We are quite excited the way Lifechart with its unique technology & fullstack approach is solving this huge problem. We have full confidence in Mukul’s vision & execution abilities as he has been a serial entrepreneur in the past &  has successfully  built  YoloBus (India’s leading Intercity Bus platform) & got it successfully acquired.”

Having been CM2 profitable for the past 12 months, Lifechart is now poised to 3x its revenue in the coming year, backed by a steady stream of loyal customers and a business model centered on diagnostics and treatment rather than product sales alone. The company plans to scale aggressively by opening 150 gut wellness clinics over the next three years, creating a more robust infrastructure for diagnosis and treatment across urban and rural India.Currently the company is in talks to raise another quick round of $1.5-$2mn via inbound interest of a well known VC firm from Delhi NCR to expand its fullstack model.

Hitachi Receives Order for 56 Elevators and Escalators for CRC The Flagship in Noida, India

Ahmedabad, October 2024 – Hitachi, Ltd. (TSE: 6501; hereafter Hitachi), today announced that Hitachi Building Systems Co., Ltd. (hereafter Hitachi Building Systems) and Hitachi Lift India Pvt. Ltd. (hereafter Hitachi Lift India), a subsidiary of Hitachi, Ltd. which operates sales, installation, and maintenance of elevators and escalators in India, successfully secured an order for 56 units of elevators and escalators from CRC Group for CRC The Flagship in Noida, Uttar Pradesh, India. The project is one of the most prestigious commercial projects in Noida.

The order consists of 44 elevators including high-speed elevators with a rated speed of 180 or 150 m/min, 12 escalators and a destination floor reservation system that efficiently allocates elevator cars. The elevators have an earthquake emergency operation system that detects an earthquake and stops the elevator quickly on the closest floor so that passengers can get out without being stuck in it. These features provide users with safety, security, and comfort.

Masaya Sakakibara, Managing Director, Hitachi Lift India said “We are honored to be involved in this prestigious project for the Noida district. Our aim is to contribute to the safe, secure and comfortable transportation for all users and development of the city by offering our high-quality products and services. We will continue to commit to the improvement of India’s society and the well-being of its people.”

Bharat Kaushal, Corporate Officer, Hitachi, Ltd. and Managing Director, Hitachi India said “Hitachi India Pvt. Ltd. (hereafter Hitachi India)’s burgeoning partnership with India for over nine decades is growing at an unprecedented pace. As India accelerates its voyage to become one of the leading economies in the world by not only empowering its citizens, but also by building a world class infrastructure to enhance quality of life for billions. Hitachi Lift India is an integral partner of India’s transformational journey and CRC Group has been instrumental in further strengthening the resilient infrastructural landscape of the nation. We are overwhelmed to collaborate with CRC Group that marks a significant milestone in our commitment to further enhancing the urban infrastructure in India. This collaboration not only represents a strategic alignment between two leading organizations but also underscores our shared vision of innovation and excellence in ensuring India takes a giant leap forward for setting unparalleled architectural benchmarks, building a sustainable society. With our exemplary yet varied bouquet of solutions including urban mobility, energy, IT, payments, e-Education and e-Healthcare, Hitachi India is chartering an ambitious and progressive vision for building an ecosystem that further supports the mission of offering best in class technology for India and for the World.”

By undertaking this project, Hitachi Lift India aims to enhance its presence in the premium market and commit to the further business growth in India.

Outline of CRC The Flagship

CRC The Flagship is a 223,000 square-meter business hub mainly consisting of 4 towers and a retail building. It offers office spaces, retail shops, and premium services apartments with various facilities such as a co-working space, an auditorium, and even a putting golf course. The project also has the greenery with more than 20% of its whole area, achieving climate-friendly infrastructure with pre-certified platinum rating by Indian Green Building Council.

Closely located to the Noida–Greater Noida Expressway, it takes approximately 35 minutes from Noida International Airport, being constructed at present and to be the one of the biggest international airports in India as an alternative to Indira Gandhi International Airport.

Outline of CRC Group

CRC Group is a highly respected developer in the NCR region of India known for its premium projects. The Group is dedicated to enhancing the standards in the real estate industry by introducing the finest buildings, which have been and will continue to be full of perfection and excellence.

Hitachi’s Elevators and Escalators Business in India

India’s new installation market for elevators and escalators exceeds 67,000 units in fiscal year 2023, making it the world’s second-largest market that is expected to grow 6-7% per year.

Hitachi established Hitachi Lift India in January 2008 and began full-scale operations in the elevator and escalator market. Since then, it has secured many orders and has been engaged in installing and maintaining its products, including high-speed elevators for luxury residences, hotels, and offices. Hitachi Lift India currently operates in all major cities in India, such as Delhi NCR, Mumbai, Bengaluru, Chennai, Pune, Hyderabad, and Ahmedabad.

CSB Bank Launches Turbo Loan for MSMEs with Digital Scorecard-Based Approval

Mumbai, October 17, 2024: In its commitment to support MSMEs accelerate their growth journey, private sector lender CSB Bank has unveiled a new loan offering –SME Turbo Loan. A simplified loan-solution product, CSB Bank aims to streamline the lending process by offering quick, hassle-free access to credit to MSMEs across various sectors

Some of the key features of the SME Turbo Loan are:

· OD, TL and Trade facilities offered

· Instant In-principle sanction

· Loans approved based on a simplified scorecard

Speaking about the new loan offering for small businesses, Mr. Shyam Mani, Group Head – SME Business said, “This multi-featured product is built to offer faster, easier and more transparent credit solutions to empower MSMEs to reach their full potential. The Turbo Loan product simplifies the way SMEs access credit, by offering instant in-principle sanction, based on a simplified credit assessment, which is unique in the market. By eliminating the traditional bottlenecks of the lending process, we are not only empowering small businesses achieve rapid growth but also contributing to the overall development of the economy. Scorecard is developed in collaboration with industry experts with wider expertise.”

This product is part of CSB Bank’s broader mission to help MSMEs thrive in today’s dynamic business environment, while also aligning with the bank’s Sustain, Build, Scale 2030 goal.

Myprotein’s Move Club Run returns to Delhi for second edition at Nehru Park

Delhi, October 17th, 2024— Myprotein, a leading name in the world of sports nutrition is excited to announce the second edition of its community-driven global fitness initiative, Move Club Run, in India. After a fantastic first run, the second edition will take place in New Delhi on Saturday, October 19that 7:00 AM and will also feature industry leading fitness influencers from the capital.

Ensuring accessibility to runners across a variety of fitness levels, the second edition of the Move Club Run in New Delhi will feature a 5km community run at Nehru Park, with an easy-to-moderate pace set at 6-8 minutes per kilometre. Below are some of the event highlights and details.

Designed to bring together individuals from all walks of life with a common passion for staying active, the Move Club Run is a community-driven initiative created by Myprotein aimed at fostering fitness and encouraging individuals to push boundaries. Empowering a healthier India today for tomorrow, the platform will host several activations to foster a sense of community, and encourage a healthy, active lifestyle.

TrioTree Technologies Expands into Bahrain and Saudi Arabia to Strengthen Middle East Presence

New Delhi, October 17, 2024 – TrioTree Technologies, a leading healthcare IT solutions provider, has announced its expansion into the Bahrain and Saudi Arabian markets, further solidifying its presence in the Middle East. This expansion follows the company’s success in Bahrain and is driven by the growing opportunities in the region, especially in Saudi Arabia, which is experiencing significant healthcare digitalization efforts. TrioTree’s established base in Bahrain, coupled with the opening of an office there, has provided a strategic platform to facilitate this growth and serve as a springboard into Saudi Arabia.

TrioTree’s decision to enter the Saudi market was shaped by its established client base in Bahrain and the vast potential for healthcare transformation in Saudi ArabiaSaudi Arabia, with its rapidly evolving healthcare sector, presents abundant opportunities for digitalization, and TrioTree aims to leverage its healthcare IT expertise to address the region’s specific needs. The Bahrain office, set up in collaboration with the Bahrain Economic Development Board (EDB), will be the company’s key operational hub in the region, focusing on sales and providing post-implementation support to healthcare clients.

The success of TrioTree’s healthcare IT solutions for a chain of hospitals and medical centers in Bahrain has given the company valuable insights into the region’s healthcare landscape. This firsthand experience, coupled with the company’s deep understanding of the local market, led to the decision to expand its presence into both Bahrain and Saudi Arabia. By building on its achievements in BahrainTrioTree is poised to tap into Saudi Arabia‘s demand for healthcare IT solutions, helping hospitals and healthcare providers modernize their operations and improve patient outcomes.

Commenting on this expansion Surjeet Thakur, Founder & CEO of TrioTree Technologies said “We see immense potential in the healthcare sectors of Bahrain and Saudi Arabia. With our expertise in healthcare digitalization and our successful implementations in Bahrain, we are confident that this expansion will enable us to bring transformative solutions to these markets. This move marks an important milestone in our global growth strategy and will allow us to continue making a positive impact across the Middle East.”

TrioTree’s expansion into these markets comes at a time when Saudi Arabia is undergoing a significant transformation in its healthcare system, with digitalization being a top priority. TrioTree’s solutions are tailored to meet the needs of the region’s hospitals and healthcare providers, offering cutting-edge technology to improve operational efficiency and streamline healthcare processes. The company’s experience with regulatory compliance, including e-insurance and Revenue Cycle Management (RCM) requirements in Bahrain, has positioned it to successfully navigate similar challenges in Saudi Arabia.

By establishing a local office in BahrainTrioTree is not only able to offer continuous support to its clients but also demonstrates its commitment to being seen as a trusted local partner in the region. This permanent presence helps overcome common challenges faced by foreign companies, such as concerns about operational stability and long-term commitment. By employing local resources and setting up an office in collaboration with the EDB, TrioTree has ensured that it is well-positioned to meet the needs of its clients in Bahrain and beyond.

Looking ahead, TrioTree’s growth strategy involves deepening its presence in the Middle East and leveraging its success in Oman, Kuwait, and now Bahrain, to further expand into Saudi Arabia. As hospitals and healthcare systems in the region increasingly embrace digitalization, TrioTree aims to become a leader in healthcare IT, delivering solutions that enhance operational efficiency, improve patient care, and contribute to the ongoing transformation of healthcare across the Middle East.

Peninsula Centre: A New Hub for Organised Retail in Pune’s Gahunje

Pune, 17th October, 2024: Peninsula Land Limited (PLL), part of the Ashok Piramal Group, is proud to announce the recent successful launch of Peninsula Centre, the latest addition to company’s mixed used landscape in Pune. Strategically located near the Mumbai-Pune Expressway in Gahunje, this commercial retail project has already garnered significant traction, with over 70% of the inventory sold at launch.

As one of the first organised commercial retail space in the Gahunje-Mamurdi area, Peninsula Centre is set to become a vital part of the local community. Positioned just 60 feet from the main road and near key residential projects like AddressOne and AshokVann, the development provides unmatched convenience for both business owners and consumers. The project brings modern commercial retail spaces to a location previously unexplored by organised retail options.

Spread across G+3 floors, Peninsula Centre houses 52 thoughtfully designed commercial retail spaces ranging from 222 to 305 square feet, offering businesses customisable spaces to cater to their needs. Wide passageways, ample parking, and strong security measures ensure a seamless experience for customers and business operators alike. This forward-thinking development was met with strong demand, as reflected by the 70% sell out at the project’s initial offering.

Peninsula Centre is ideally positioned to serve the growing Gahunje-Mamurdi corridor, an area experiencing rapid growth due to nearby residential and educational developments. By offering a centralised location for commercial retail, the project is poised to boost local commerce while providing a modern shopping experience for the surrounding population.

“With an established and growing residential community in the area, there is a clear need for retail commercial spaces to serve its residents. Peninsula Centre is being developed to fulfil this requirement, fostering both business growth and enhancing the quality of life for the community. Looking ahead, we have plans for further retail commercial developments to meet the evolving needs of the area.”  said Siddharth Setia, President – Business Development, Project Design and Revenue, Peninsula Land Limited.