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Tag: industry

business

Mukand Limited Unveils Advanced 16 TPH Boiler to Power Future Growth and Sustainability

Aug 30, 2024 by Sujata 0 Comments #industry, #Mukand Limited, #Sustainability

30th August 2024: Mukand Limited, a leading name in the steel and engineering industry, proudly inaugurated its state-of-the-art 16 TPH boiler at its facility today. This new installation marks a significant upgrade from the existing 14 TPH boiler, enhancing the plant’s capacity to generate steam at a rated pressure of 17.5 kg/cm². The increased capacity is designed to meet the growing steam demand and support Mukand’s future expansion plans.

steel limited

Manufactured by Thermax Ltd., a trusted leader in boiler technology, this advanced boiler is equipped with the latest safety features and operates under a sophisticated PLC logic system. This automated control system manages burner sequence control, air and fuel ratio control, water level control, and steam pressure control, ensuring efficient and reliable operations.

The boiler also incorporates an Air Preheater, designed to recover heat from the flue gas and preheat the combustion air. This feature significantly reduces specific fuel consumption, contributing to the company’s energy-saving goals. Additionally, a sound-absorbing silencer has been installed in the air blower’s suction line to minimize noise pollution, enhancing the working environment for operators.

This new boiler is a testament to Mukand Limited’s dedication to operational excellence, energy efficiency, and environmental responsibility. As the company continues to innovate and grow, it remains steadfast in its mission to lead the industry with sustainable practices and cutting-edge technology.

business

Govt. Aims to Make India a Developed Nation by 2047, Targets Dollar55 Trillion Economy – Piyush Goyal

Aug 1, 2024 by Mansi 0 Comments #industry, #New Delhi, #Piyush Goyal

New Delhi, 1st August 2024: ASSOCHAM organized a special session on ‘Bharat@100: Leveraging unprecedented opportunities’ Shri Piyush Goyal, Hon’ble Minister for Commerce & Industry, Government of India graced the event as the Chief Guest. A book titled India@100: Envisioning Tomorrow’s Economic Powerhouse authored by Dr K V Subramanian, Executive Director, IMF was launched by Hon’ble Commerce and Industry Minister.

book

Speaking at the event, Shri Piyush Goyal, Hon’ble Minister for Commerce & Industry, Government of India said, “We have the ability, we have the willingness, the desire, we have the talent, skill and capability. As policy makers we have the intent and are deeply committed to making India a developed nation by 2047. The focussed efforts towards self-sufficiency in defence, electric mobility and enhancing the quality of our manufacturing setups combined with enhanced transparency and technology adoption will help us have a stronger currency and a stronger macro-economy to get us to a $55 trillion economy.”

“Our economy will be at $5 trillion in the next 3-3.5 years making us the third largest economy in the world. As we increase our shipping, focus on electric mobility and become sufficient in defense, we are looking at a rupee appreciation. We can replicate, if not better, the China story between 2000-20.” added the minister.

Mr Krishnamurthy Subramanian examines this once-in-a-century opportunity that is knocking on India’s doors in India@100: Envisioning Tomorrow’s Economic Powerhouse. India@100 makes a strong case that India is at a turning point that cannot be disregarded, with a daring vision based in Indian realities. Four major pillars—the macroeconomic emphasis on growth, the microeconomic focus on social and economic inclusion, the vision of ethical wealth creation, and the strategy of a virtuous cycle sparked by investment—are examined by Subramanian through meticulous research and perceptive analysis. He thoroughly discusses the options for policy and the areas in need of reform within each pillar.

India@100 effortlessly ignites the reader’s imagination and inspires a collective drive towards a future where India emerges as a dominant economic force. This is an invaluable book for anyone interested in the rise of the Indian economy.

Addressing the august gathering Shri Deepak Sood, Secretary General ASSOCHAM said, “The significant strides that the country has made in the preceding years is not by chance, it’ is by design, and the last 10 years are a testament of that. India is a highly resilient economy. A few years ago, becoming the 5th largest economy was our dream and today we are talking about becoming the 3rd largest economy in the world and there’s a lot of work that needs to go in. India has successfully earned global trust and we did this by leveraging our demography, our large market and therefore building the right capacities for making things happen.”

news

WIKA India Honored with ‘DCCIA Best HR Practices Award’

Apr 21, 2024 by Sujata 0 Comments #and Agriculture (DCCIA), #DCCIA Best HR Practices Award', #Deccan Chamber of Commerce, #Human Resources practices, #industry, #Mr. Gaurav Bawa, #Mr. H P Srivastava, #Mr. Prakash Dhoka, #Mr. Rathin Sinha, #Mr. Vasudev Malu, #Mr. Vibhu Prasad, #Ms. Anushka Sharma, #WIKA India

Pune, 21 April 2024: WIKA India, a leading global measurement technology company and apioneering force in the manufacturing sector,has been coveted with the ‘DCCIA Best HR Practices Award’ at the prestigious annual awards function of Deccan Chamber of Commerce, Industry, and Agriculture (DCCIA), held recently in Pune. Of the total 13 organisations who gave presentations, 07 were selected for the second round and finally, WIKA India was selected as the final winnerfor its exemplary Human Resources practices. This award was given on the basis of our onboarding and employees engagement process.

Mr. Gaurav Bawa, Senior Vice President of WIKA India, expressed his gratitude and said, “WIKA India humbly acknowledges the recognition as a testament to our unwavering commitment to nurturing talent and fostering excellence in our workplace culture.”

Anushka Sharma receiving the award (1)

Expressing her gratitude for the recognition, Ms. Anushka Sharma, Head Human Resources, WIKA India, said, “Receiving the ‘DCCIA Best HR Practices Award’ reflects our dedication to excellence and innovation in HR practices while setting a benchmark. This recognition sets a new standard for our industry peers and reaffirms WIKA’s leadership in the instrumentation sector. We are honored to be acknowledged for our dedication to nurturing talent and creating a dynamic workplace environment.”

DCCIA Best HR Practices Award (1)

The ‘DCCIA Best HR Practices Award’ recognizes organizations that demonstrate outstanding excellence and innovation in their human resources strategies and initiatives. This prestigious accolade, bestowed by the Deccan Chamber of Commerce, Industry, and Agriculture (DCCIA), highlights companies that prioritize the well-being, development, and engagement of their employees.

Mr. Rathin Sinha, Chairman of DCCIA, Mr. H P Srivastava, Vice Chairman of DCCIA, Mr. Vasudev Malu, Secretary of DCCIA, Mr. Prakash Dhoka, Treasurer of DCCIA and Mr. Vibhu Prasad, member of DCCIA amongst other dignitaries were present at the occasion.

business

” list of companies that are making a difference in the loyalty program industry.”

Dec 26, 2023 by Sujata 0 Comments #Flipkart, #industry, #loyalty management, #technological advancement, #Yotpo

The global loyalty management market is estimated to reach $8.74 billion in 2023 and is expected to hit $13.99 billion by 2028, growing at a compound annual growth rate (CAGR) of 10.16 percent. Between drastic economic and social disruptions facing businesses, changes in consumer behaviour and expectations, and rapid technological advancements, the notion of loyalty is transforming rapidly. As a result, 2024 and beyond will see a very different loyalty management paradigm emerge for leading enterprises.

Here is the list of companies that are making a difference in the loyalty program industry.

POPcoins

Founded in 2023, POPcoins is India’s fastest-growing shopping currency used by 1.5 million+ customers and 100+ major D2C brands. POP helps modern businesses succeed by providing growth solutions focusing on two objectives: optimizing key metrics like conversion, customer acquisition cost, and customer lifetime value and enabling more informed decision-making through comprehensive customer profiling. As part of its mission, it just launched its first product – a loyalty stack that revolves around a fungible loyalty currency called POPcoins. This loyalty stack comes with a plug-and-play earn/burn feature, a comprehensive dashboard for behaviour control, and a best-in-class rewards layer that includes samples, discount vouchers from partners in our ecosystem, and lifestyle rewards. POP plans to launch an app that will allow users to buy from 1000+ new age brands for all their lifestyle needs. They can redeem their POP coins to avail discounts on these products. POP coins can also be used to buy POPminis- a curated collection of smaller pack-size beauty and food products at a price as low as Re.1″

Flipkart

Flipkart does have a customer loyalty program called Flipkart Plus, which offers rewards and discounts to regular customers. Flipkart Plus is a loyalty program that provides its members extra benefits. Flipkart SuperCoins is a first-of-its-kind rewards ecosystem designed to provide benefits to millions of Flipkart customers. SuperCoins is a multi-brand rewards ecosystem created by Flipkart to provide benefits to users on its platform and those on its partner brands.

Nectar

Founded in 2021, Nectar is a rewards and loyalty solution for e-commerce businesses, helping them improve repeat purchase and conversion rate through discounts, coupons and points. Provider of SaaS-based loyalty management software solutions for customer engagement to e-commerce businesses. The software feature includes rewards management, loyalty management, tracks of reward users on purchases, sign-ups, referrals, social media follows, reviews, analytics & reports on customer behavior, cross-selling of products, APIs, and web SDK for mobile integration, and more.

NetCarrots

NetCarrots Loyalty Services is a pioneer in providing Loyalty and Relationship Marketing services .

Since 2000, NetCarrots has been providing its clients with a unique mix of strategic consulting, project management services, technology, and creative and operational support services to achieve optimum profitability by more effectively managing relationships with customers, channel partners and employees. Since its inception, NetCarrots has continuously grown its expertise in delivering value to the most customer-centric businesses across various industries. NetCarrots experience cuts across diverse industries including BFSI / Manufacturing / Retail / Telecom / Consumer Goods / Travel & Hospitality / Construction / Real Estate / Entertainment & Healthcare.

Yotpo

Yotpo founded in 2011, powering the most exciting eCommerce brands. With the most advanced solutions for email and SMS marketing, loyalty and referrals, subscriptions, reviews, and visual UGC, Yotpo helps brands accelerate their growth by enabling advocacy and maximizing customer lifetime value. With Yotpo, brands can effectively leverage social proof to increase trust and sales, cultivate loyal customer advocates, boost recurring revenue, engage shoppers on top engagement channels, and so much more. And we want to make it all easy, too, for brands of all sizes.