Category: Business

Nashik (Maharashtra) [India], February 19: Board of directors of Nashik based, KBC Global Ltd, BSE – 541161 engaged in the business of construction and real estate development in the meeting held on 15 February has approved Bonus issue in the ratio of 1:1 (one bonus equity share for every one fully paid equity share of Rs. 1 each) subject to approval of the shareholders of the company. Company aims to turnaround business operations with plans to expedite expansion plans and debt reduction in near future. The Board of Directors also approved proposal to increase authorized capital and proposed renaming KBC Global Ltd to Dharan Infra-EPC Ltd or another name approved by the ROC. Company also approved appointment of Mr. Naresh Karda as chairperson of KBC Infrastructure Ltd, UK based wholly owned subsidiary. Order book of the company at over Rs. 260 crore. Market capitalisation stands at Rs. 300 crore

The Bonus Equity Shares will be issued from the company’s permissible reserves, including Free Reserves, Securities Premium Account, and Capital Redemption Reserve, as of March 31, 2024. A total of Rs. 261.43 crore will be utilized for the Bonus Issue, with shares credited within 60 days of Board approval. Company’s share capital as on date stands at Rs. 261.43 crore consisting of equal number of equity shares of Rs. 1 each which will increase to Rs. 522.87 crore post the bonus issue. The company will announce the “Record Date” for Bonus Share eligibility in due course, as per SEBI Regulation 30 (2015).

Recently, Patanjali Food and Herbal Park, Falcone Peak Fund (CEIC) Ltd among other investors to invest upto Rs. 99.50 crore through convertible preferential warrants issue in the company. Board of directors of the company in the meeting held on October 16, 2024 has approved to issue total of 45.23 crore warrants on a preferential basis to non-promoters at Rs. 2.20 per warrants (including a premium of Rs. 1.20 per warrant) aggregating total Rs. 99.50 crore. Each warrant shall be convertible into one equity share of face value of Rs. 1 each fully paid up. The proceeds of the equity issue will be utilize for the repayment of debt. Extra Ordinary General Meeting of the company is scheduled on November 15, 2024 for the same.

Highlights:-

• Order book of the company at over Rs. 260 crore. Market capitalisation stands at Rs. 300 crore.
• Patanjali Food & Herbal Park, Falcone Peak Fund among others to invest upto Rs. 99.50 crore in KBC Global Ltd through preferential warrants
• Company board approved issue of 45.23 crore convertible warrants on preferential basis at Rs. 2.20 per share; Proceeds will be utilize for the repayment of debt
• KBC International Ltd, Ghana recently signed MOU with Liberia SEZ Authority for $12.5 Million residential, commercial, and low-cost housing projects
• In June 2024, KBC Global Ltd’s subsidiary, Karda International Infrastructure Ltd, secured a $20 million subcontract in civil engineering for soft infrastructure from CRJE (East Africa) Ltd.
• Company has entered into MOU with Capri Global Capital Ltd, securing a waiver of non-financial penal interest. Successfully fulfilled payment obligation to Capri Global Capital Ltd
• Appointed Mr Naresh Karda as Chairperson of KBC Infrastructure Limited, UK based wholly owned subsidiary.

Out of the total issue of 45.23 crore warrants to be issued, Falcone Peak Fund (CEIC) Ltd is proposed to allot 26 crore warrants, Patanjali Parivahan Pvt Ltd and Patanjali Food and Herbal Park to be allotted 4.55 crore warrants and Foresight Holding Pvt Ltd is expected to be allotted 2.28 crore warrants. Post issue of the warrants, shareholding of Falcone Peak Fund (CEIC) Ltd in KBC Global Ltd is expected to be 8.48%, Patanjali companies around 1.48% and and Foresight Holding Pvt Ltd around 1.04% respectively.

Warrants issue is in accordance with the provisions of SEBI (Issue of Capital and Disclosures Requirements) Regulations, 2018 and warrant shall be converted into equity shares of the company within 18 months of the allotment with receipt of the remaining amount. Board of directors also appointed Ms. Muna Makki as an Executive Director of the Company subject to approval of Members.

Recently, KBC International Ltd, Ghana drop-down subsidiary of KBC Infrastructure Ltd, UK (Wholly owned subsidiary of KBC Global) has entered to Memorandum of Understanding with Liberia Special Economic Zone Authority for construction and development of residential building complexes, low cost housing and Commercial space in SEZ with estimated cost of USD 12.5 million USD. The project is expected to commence from Q2 2025 and is expected to complete within three calendar years. Liberia Special Economic Zone Authority is entity established by Government of Liberia under Special Economic Zone Act 2017. This is a second prestigious international order received by KBC Global.

In June 2024, KBC Global Ltd, through its subsidiary Karda International Infrastructure Ltd, has secured a $20 million civil engineering subcontract in the soft infrastructure segment from CRJE (East Africa) Ltd. CRJE, part of the China Railway Construction Group, has a strong legacy of building railways and five-star hotels across Africa. This contract marks KBC Global’s entry into Africa’s infrastructure development, positioning the company as a key player in the region’s growth.

Company has recently commenced a new project in Deolali, Nashik. The project is located at Survey No. 87/2/2B, Plot No. 4, on Jai Bhavani Road has a proposed area of 31,998 sq ft with six commercial and twenty-two residential units on the plot area of 761.32 sq meter.

Established in 2007, the company specializes in developing and selling residential and residential-cum-office projects in Nashik, India. Key projects include Hari Gokuldham, Hari Nakshtra-II Eastext Township, and more. The company focuses on residential, commercial, and contractual projects and has announced strategic expansion plans domestically and internationally.

On 21^st September 2024, company has successfully fulfilled its payment obligation to Capri Global Capital Ltd and has fully regularized the default on September 19, 2024. Furthermore the company also entered into a favourable Memorandum of Understanding (MOU) with Capri Global Capital Limited, securing a waiver of non-financial penal interest. As of today, the outstanding balance with Capri Global Capital Ltd stands at Rs. 13.50 crore. This agreement underscores the strong relationship and trust between both parties, positioning the company for continued growth and stability. This will add more pace to construction activities of projects Hari Vasant, Hari Aakruti Phase II of the company.

During the month of September, 2024 the company has successfully handed over possession of 13 units from its projects – Hari Kunj Mayflower – 5, Hari Krishna Phase IV – 4,  Hari Vishwa – 1 and Hari Sanskruti Phase II 4. Since April 2024, the company has handed over possession of total 135+ residential and commercial units in Nashik, Maharashtra. This includes 91 units from the Hari Kunj Mayflower project (MAHARERA Reg no: P51600020249) and 28 units from the Hari Krishna Phase IV project, with the rest from other ongoing projects.

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New Delhi [India], February 19: Morzze, a leading kitchenware brand, captivated audiences at the highly anticipated INTEXT EXPO 2025, held from January 31 to February 3 at the Ludhiana Exhibition Centre. The event served as a dynamic platform for showcasing cutting-edge kitchen and bathroom solutions, with Morzze standing out for its commitment to quality, innovation, and customer-centric designs.

Day 1: A Remarkable Beginning

The first day of INTEXT EXPO 2025 saw a vibrant and enthusiastic response from attendees as Morzze opened its display at Stall No. D11, Hall No. 1. The brand’s premium range of kitchen and bathroom solutions drew significant attention, setting the tone for the days ahead. Morzze’s stall became a hub of activity as visitors explored the brand’s latest offerings, appreciating the seamless blend of aesthetics and functionality that defines Morzze products.

Day 2: Innovation in Every Detail

Day two witnessed yet another display of unfettered creativity with the fully functional Morzze range very much in tune with the requirements of modern living. The Morzze brand activists took their time interacting with homeowners, interior designers, and industry professionals, providing ample information about their unique product lines.

Day 3: Where Style Meets Functionality

As the expo reached its final day, Morzze reaffirmed its reputation as a pioneer in kitchenware and bathroom solutions. Attendees were given a comprehensive experience of Morzze’s product excellence, witnessing firsthand the brand’s dedication to innovation, style, and functionality. The event concluded with Morzze leaving a lasting impression, further solidifying its market presence.

Continuing an unwavering tradition of innovation, Morzze introduced the MFD 1101 Food Waste Disposer to completely change the way waste is managed in today modern kitchens. This newest addition to Morzze’s line reiterates the whole approach of the brand in improving the kitchen experience in terms of efficiency, sustainability, and convenience.

Key Features That Set MFD 1101 Apart

• BLDC Motor: The Brushless DC Motor ensures a powerful yet energy-efficient performance, reducing electricity consumption while maintaining superior functionality.
• Auto Reverse Technology: Prevents jamming by automatically reversing the grinding direction, ensuring seamless operation.
• Sound Insulation Design: Operates quietly, making it ideal for busy kitchens where peace is valued.
• Overload Protector: Safeguards the motor from overload, enhancing the durability and reliability of the unit.
• Auto Stop in 5 Minutes: Automatically halts operation after five minutes, ensuring safety and energy efficiency.
• Spiral Scour Drainage System: Promotes efficient drainage, minimizing maintenance and cleaning efforts.
• Eight-Stage Grinding System: Breaks down food waste into 1.5mm particles, making disposal easy and environmentally friendly.
• Wireless Switch Control: Offers convenient and effortless operation with a wireless on/off switch.
• Large Grinding Chamber (1350ml): Accommodates substantial amounts of food waste, making it suitable for households of all sizes.

Unmatched Grinding Efficiency with Eight-Stage Technology

The MFD 1101 boasts an advanced eight-stage grinding system, ensuring thorough and efficient food waste disposal:

• Grinding Knife Net: Initiates the grinding process by cutting waste into manageable pieces.
• Coarse Shredding: Breaks down larger food waste into smaller fragments.
• Intermediate Grinding: Further processes the waste for finer grinding.
• Multi-Edged Cutter: Provides precise cutting for efficient waste breakdown.
• Impact Hammer: Crushes hard food particles with ease.
• Tear Blade: Shreds fibrous food waste, ensuring comprehensive grinding.
• Grinding Hole: Maintains consistent particle size for uniform waste disposal.
• Gear Grinding Disc: Delivers the final fine grind, reducing waste to 1.5mm particles.

The Morzze’s Food Waste Disposer MFD 1101 is designed for kitchens that require efficiency, hygiene, and sustainability. Thus, it has features for the effective management of food waste, clearing the clutter in the kitchen, and enhancing the environment. Wireless switch control for the user’s convenience; it also has sound insulation, making it an unobtrusive addition to the kitchen.

Morzze’s participation in INTEXT EXPO 2025 is just another way of showing that the company truly believes in the innovation of kitchenware. And indeed, the advent of the MFD 1101 Food Waste Disposer is proof of the brand’s orientation toward products whose design and technology made everyday life more complete.

A Step Towards Sustainable Living

Morzze’s Food Waste Disposer MFD 1101 is not just about convenience; it’s a step towards sustainable living. By efficiently managing food waste, the MFD 1101 helps reduce landfill contributions and promotes eco-friendly practices. Morzze’s continuous innovation ensures that customers enjoy high-quality kitchen solutions while contributing positively to the environment. With sustainability at its core, Morzze is dedicated to creating products that are both functional and environmentally responsible.

For more details on Morzze’s products, visit our official website or contact our customer service team. Embrace innovation with Morzze – where quality meets excellence in every kitchen.

Morzze Customer Support: 1800 110 123

Phone: 011 45458822

Email: info@morzze.com

Website: www.morzze.com

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Chennai (Tamil Nadu) [India], February 18:  With industries embracing automation, AI, and robotics at an unprecedented pace, Automation Expo South 2025 stands as the definitive platform to explore groundbreaking solutions shaping the future of manufacturing, industrial automation, and digital transformation. Taking place from 6th to 8th March 2025 at the Chennai Trade Centre, the event will bring together top global brands, industry experts, and key decision-makers under one roof.

As industries accelerate their adoption of automation, process control, and Industry 4.0 solutions, Automation Expo South 2025 will serve as a powerful catalyst for innovation, providing an unparalleled opportunity for professionals across manufacturing, automotive, oil & gas, pharmaceuticals, and more to discover cutting-edge technologies, gain valuable insights, and forge industry partnerships.

What to Expect at Automation Expo South 2025?

• 10,000+ Square Meters of Exhibition Space
• 300+ Exhibitors Showcasing Leading Automation Brands
• Live Demonstrations of AI, Robotics & Smart Factory Solutions
• Exclusive Conferences with Industry Experts & Thought Leaders
• Strategic Networking Opportunities with Decision-Makers & Innovators

Key Highlights of Automation Expo South 2025

CEO Forum – Future Trends in Automation & Leadership (6^th March 2025)

Join the region’s top CEOs, CTOs, and industry visionaries discussing the transformative impact of AI, robotics, and digital transformation on business strategies. Key discussion points include:

• AI and machine learning – Reshaping industrial automation
• Leadership strategies for smart manufacturing
• The evolving role of robotics in enhancing efficiency across industries

Conference on Process & Valve Automation (7^th March 2025)

An exclusive platform to explore the latest advancements in process automation, valve control, and digital transformation. Industry pioneers will share real-world case studies, IoT-driven solutions, and AI-powered automation systems to drive industrial excellence.

Conference on Factory Automation & Robotics (7^th March 2025)

Gain insights into smart factories, robotics, machine vision, and industrial AI. Learn how automation is driving efficiency, sustainability, and productivity across global industries.

Back to Basics – Hands-on Automation Course (8^th March 2025)

A technical training program tailored for engineers, technicians, and automation professionals, covering:

• Advanced control systems
• Cybersecurity in industrial automation
• Industrial networking & IIoT
• Smart instrumentation & automation tools

Why Attend Automation Expo South 2025?

• Connect with Global Automation Leaders
• Experience Future-Ready Technologies
• Enhance Your Industry Expertise
• Unlock Business Growth & Opportunities

Top Exhibitors at Automation Expo South 2025

Attendees can expect 300+ exhibitors showcasing the latest innovations in automation, industrial control, and smart manufacturing, including:

• Advantech
• Autonics
• Eaton MTL
• JUMO
• Pepperl & Fuchs
• Phoenix Mecano
• Yokogawa
• Baumer
• Sanyo Denki
• Janatics
  …and many more!

Dr. M. Arokiaswamy, Founder & Managing Director – IED Communications Ltd., emphasizes AI and robotics’ transformative impact on industries, with Automation Expo South 2025 showcasing their role in revolutionizing productivity, safety, and innovation.

Industry Leaders Speak:

Dr. B. R. Mehta, Director Projects – Waaree Group

“Automation Expo South will showcase Best in class technologies, innovation and Shape of things to come.”

Dr. Kirti Shah, VP Projects – Waaree Group

“The ONLY platform for networking and knowing technological developments”

Dr. Thampy Mathew, CEO – Agate Advisory

“The convergence of AI, digitalization, and robotics is revolutionizing industrial applications. Automation Expo South 2025 is where engineers and operators can engage in insightful discussions, explore solutions, and gain first-hand knowledge of the industry’s latest advancements.”

Mr. Sajiv Nath, Regional Managing Director – Yokogawa India Ltd.

“Yokogawa will be showcasing cutting-edge advancements in industrial automation and digital transformation, presenting their latest innovations in AI, analytics, and instrumentation products. This will provide a unique platform for attendees to discover new strategies for enhancing operations and driving sustainable growth in their industries. Yokogawa presents the latest advancements in industrial automation and digital transformation, empowering attendees to discover new strategies for enhancing operations, reducing costs, and achieving sustainable growth. “

Mr. Rupesh Desale, Managing Director – JUMO India

Jumo India’s presence at Automation Expo South 2025 will emphasize our role as a leading system and solution provider, showcasing our commitment to advancing industrial automation.”

Mr. Sherry Thomas, Managing Director – Gadgeon Smart Systems

“Excited to showcase cutting-edge IoT solutions, empowering industries with Real-Time data insights and Artificial Intelligence for seamless automation and operational efficiency at Automation ExpoSouth 2025”

Mr. Philipose Jacob, Managing Director – EATON India

Eaton Crouse Hinds, Bline, Oil & Gas Business is participating at the Automation Expo South from March 6 – 8 at Chennai – (Booth B11, Hall 3) Meet our team of experts, gain new insights and explore our innovative products and services designed for oil and gas, water and wastewater and the industrial sectors. Visit our Innovation Wall, where we are thrilled to share our latest CCTV development – Made in India – the Eaton EX and Safe Area Series Camera Range, MTL Renewable Surge Protection Devices, MEDC Metallic Beacon, MTL GECMA Tablet and MTL HART Over Ethernet Device.

Mr. Vilas Kulkarni, Managing Director – Baumer Technologies

Baumer Technologies brings innovation to industrial measurement with durable and accurate instrumentation at ExpoSouth 2025”

Mr. Lalit Kumar Mishra, Country Head – Cognex Corporation

Cognex strengthens its market leadership in industrial barcode reading with the AI- powered DataMan 290 and 390, delivering unmatched reliability and ease of use. Experience these innovations firsthand at Automation Expo South 2025.”

Mr. Akshay Adhalrao,  Managing Director -Dynalog India

“As a leader in industrial automation, we are excited to showcase our cutting-edge GPU solutions, rugged panel PC’s & industrial displays, high-performance industrial Ethernet switches, and advanced firewalls at Automation ExpoSouth 2025, driving innovation and connectivity for smart industries.”

Automation Expo South 2025 – Event Details

Dates: 6th – 8th March 2025
Venue: New Exhibition Hall, Chennai Trade Centre, Chennai
Entry: Free for Industry Professionals https://www.viablesoft.org.in/AutomationExpo2025VD/index.aspx

Register Now:https://south.automationindiaexpo.com/

For media inquiries, sponsorships, and exhibitor bookings, contact:

Email: jyothi@iedcommunications.com

Stay ahead of the automation revolution – Join us at Automation Expo South 2025!

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New Delhi [India], February 18: Mumbai based Stelmec Limited, a three decade-old name synonymous with Electrical Power Products in India and a trusted partner to various State Owned and Private Power Utilities, has secured ₹175 crore from a consortium led by Abakkus Four2Eight Opportunities Fund. The transaction was facilitated, Hem Securities Ltd., who played a pivotal role in structuring and executing the deal.

Stelmec is engaged in the manufacturing of MV switchgear and other value-added products for Transmission & Distribution networks. It is a leader in Vacuum Circuit breaker technology solutions in the field of MV Switchgear products for the Utility market. It is also engaged in EPC of High Voltage substations and T&D lines.

The funds raised will be utilized to accelerate Stelmec’s expansion plans, enhance R&D capabilities, and strengthen its market presence both domestically and internationally.

“We are thrilled to have Abakkus Four2Eight Opportunities Fund as a partner. This investment is a testament to the hard work and dedication of our team, and it will enable us to scale new heights in our mission to provide top-notch electrical solutions. We look forward to leveraging this partnership to drive growth and create value for our stakeholders. This investment underscores the strength of our business and with the strategic engagement  of Hem Securities, we were able to successfully close this deal. “, said Mr. Hamza Arsiwala, MD of Stelmec Limited.

Hem Securities Ltd. served as the exclusive financial advisor for the fundraise, leveraging its deep expertise in this space to structure and execute the transaction efficiently. “We are proud to have advised Stelmec in this landmark deal, ensuring a seamless fundraising process. This investment will fuel the company’s growth ambitions, and we are delighted to have played a crucial role in bringing together Stelmec and Abakkus Four2Eight Opportunities Fund,” said Mr. Gaurav Jain & Mr. Prateek Jain from Hem Securities Ltd.

Stelmec continues to be at the forefront of growth story of India’s power sector, delivering high-quality products and services that cater to a diverse range of clients.

“We are excited to support Stelmec Limited in their journey towards innovation and growth. Stelmec’s commitment to excellence and their forward-thinking approach align perfectly with our investment philosophy. We believe this collaboration will yield significant benefits for both parties,” said Mr. Ankit Aggarwal, Fund Manager of Abakkus Four2Eight Opportunities Fund.

Abakkus Four2Eight Opportunities Fund, is the maiden Private Equity fund of Abakkus Asset Manager Private Limited. A Mumbai based Asset Management Company founded by Mr. Sunil Singhania, is known for its investments in high-growth potential companies and sees this partnership as an opportunity to support Stelmec’s ambitious plans and contribute to the advancement of the electrical solutions sector.

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New Delhi [India], February 17: Giosun Healthcare Private Limited, a leading innovator in herbal cosmetics, personal care, and nutraceuticals, made a significant impact at the International Private Label & Contract Manufacturing (IPLCM) Expo 2025 held at the Bombay Exhibition Centre. With a portfolio of over 700 natural wellness products, the company reaffirmed its dedication to holistic health by introducing groundbreaking Ayurvedic solutions that blend traditional wisdom with modern science.

Innovative Product Launches Steal the Spotlight

Giosun’s latest offerings captivated industry professionals and consumers alike. Among the most notable innovations was Re-enact Body Mists, a luxurious alcohol-free fragrance range available in five exquisite scents, including Nargis, Iced Pomegranate, and Sandalwood. Designed to offer long-lasting freshness while being gentle on the skin, this launch redefined natural personal care.

In the realm of pain relief, Giosun introduced the Ginisca Balm, Spray, and Roll-On, all formulated with potent Ayurvedic ingredients known for their fast-acting therapeutic benefits. These products received widespread acclaim for their efficacy in providing natural, chemical-free relief.

A groundbreaking addition to intimate wellness was the launch of One & Eight VG Tone Up, a vaginal hygiene product designed to enhance comfort and freshness. Clinical trials revealed that 85% of women experienced noticeable improvements within just seven days, positioning it as a game-changer in intimate care solutions.

Advancing Oral Care with Ayurvedic Expertise

One of the most talked-about innovations at the event was the Mintdrops Tooth Tabs, an eco-friendly alternative to conventional toothpaste. Clinically proven to:

• Reduce dental plaque by 35% within a week
• Improve gum health by 70% in a month
• Deliver long-lasting, seven-hour freshness

Building on this success, Giosun’s CEO, Mr. Anjaneyulu Pillalamarri, announced the upcoming launch of Mintdrops Toothpaste and Tooth Powder, formulated with powerful Ayurvedic herbs for a truly natural and effective oral care experience.

Expanding the Reach of Natural Healthcare

Giosun also showcased a diverse range of Ayurvedic solutions, including:

• Cold relief remedies
• Psoriasis treatments
• Fistopile range for hemorrhoid care

With a strong focus on private-label partnerships, the company continues to establish itself as a dominant force in the Ayurvedic sector, offering customized solutions for brands looking to enter the natural wellness space.

A Vision for the Future

The success at IPLCM Expo 2025 reinforces Giosun Healthcare’s commitment to purity, efficacy, and sustainability. By integrating scientific research with centuries-old Ayurvedic knowledge, the company is setting new benchmarks in natural healthcare. As the demand for chemical-free and eco-conscious wellness solutions grows, Giosun remains at the forefront, shaping the future of herbal innovation on a global scale.

Please Visit for More Information : https://giosun.in/

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New Delhi [India], February 17: The city of Bikaner, renowned for its rich culinary heritage, has a name that stands tall in the world of traditional Indian snacks – Jai Agarwal. Known as the Zhakkas Papad Man of Bikaner, Jai has seamlessly blended legacy with innovation, transforming the art of papad-making into a thriving global enterprise.

Jai Agarwal’s passion for papad began at an early age, growing up in a household deeply rooted in food entrepreneurship. His father, a pioneer in the industry, established a papad manufacturing unit in 1962, crafting Bikaner’s signature delicacy with skill and devotion. The sights and sounds of papad preparation – from the rhythmic kneading of dough to the aromatic infusion of spices – shaped Jai’s early years, instilling in him a profound appreciation for his family’s craft.

Recognizing the evolving tastes of modern consumers, Jai embarked on a mission to innovate while staying true to tradition. Observing a shift towards contemporary snacking options, he sought to create a bridge between heritage and the changing preferences of the younger generation.

In 2016, alongside his wife, Sneha Agarwal, Jai founded Papadmalji Agro Foods Pvt. Ltd., a cutting-edge manufacturing unit dedicated to reinventing traditional Indian snacks. This venture led to the creation of Zhakkas, India’s first branded Khichiya papad (rice papad), offering a fresh and exciting take on a time-honored favorite. Their unwavering commitment to quality, authenticity, and innovation quickly gained national and international recognition.

Achievements & Milestones:

2018 Rising Brand of the Year Award in London, a testament to their commitment to excellence.

The launch of Papadmalji, a premium hand-rolled papad brand curated by Sneha Agarwal.

Rapid expansion into domestic and international markets, solidifying their status as a leader in the industry.

With a vision to take Bikaner’s traditional flavors to global shores, Jai Agarwal continues to push boundaries, reviving and modernizing Indian culinary heritage. His journey stands as an inspiration to aspiring entrepreneurs, proving that a harmonious blend of tradition and innovation can lead to extraordinary success.

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