Category: Business

  • Messe Stuttgart India Mourns the Loss of Managing Director and CEO, Mr. Sachin Patil

    Messe Stuttgart India Mourns the Loss of Managing Director and CEO, Mr. Sachin Patil

    New Delhi (India), May 22:  It is with profound sadness that the Messe Stuttgart India family announces the sudden passing of its esteemed Managing Director and CEO, Mr. Sachin Patil on May 21, 2024.

    Mr. Patil’s unexpected demise leaves a deep void within the organisation. His leadership and unwavering dedication to Messe Stuttgart India were instrumental in shaping the company’s trajectory in India and propelling it towards continued success.

    As true visionary leader, Mr. Patil possessed an unparalleled understanding of the Indian trade fair industry. His passion and enthusiasm were contagious, inspiring not only his colleagues but also the wider business community. Under his guidance, Messe Stuttgart India established itself as a leading force within the industry, consistently exceeding expectations and forging strong relationships with exhibitors, visitors, and partners alike.

    Mr. Patil’s commitment extended far beyond the walls of Messe Stuttgart India. He was a champion for collaboration and innovation, actively contributing to the advancement of the trade fair industry. His absence will be deeply felt not just by our company but by the entire industry he so passionately served.

    In this time of immense grief, our thoughts and heartfelt prayers are with Mr. Patil’s family and loved ones. We offer them our deepest condolences and unwavering support. May his soul find eternal peace.

    Mr. Roland Bleinroth, CEO and President of Messe Stuttgart, Germany expressed his condolence, “The passing of Sachin Patil is a significant loss to the industry and all who had the privilege of working with him. Our thoughts are with his family during this difficult time.”

    Mr. Sachin Patilwas visionary leader with 18+ years in trade fair industry in India. He led Messe Stuttgart India as Managing Director and CEO. His experience spanned founding Messe India and holding leadership roles at India Art Fair, Messe Düsseldorf India, Bloomberg TV, and Reliance Broadcast Network. He contributed to shaping the future of the Indian exhibition industry by creating impactful platforms that fostered collaboration, growth, and meaningful partnerships across industries.

    Messe Stuttgart India Pvt. Ltd., the wholly owned subsidiary of German trade fair giant, Landesmesse Stuttgart GmbH, is dominant force in the Indian trade fair and exhibition industry. Messe Stuttgart India is dedicated to curating and organising world-class trade events that convene industry leaders, innovators, speakers, and stakeholders across diverse sectors, fostering invaluable business connections and driving growth.

    Messe Stuttgart India’s portfolio of events- MOLDEX India, FASTNEX, LogiMAT India and DIDAC India stands as a testament to its mission – to create substantial opportunities for businesses to exhibit their products and services, establish connections with prospective partners, and remain at the vanguard of their respective industries. At the heart of Messe Stuttgart India’s endeavours lies a focus on excellence, a dedication to delivering extraordinary experiences, and a vision to serve as a steadfast ally in orchestrating successful trade fairs and exhibitions throughout India.

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  • Unveiling Romance: Siddharth and Aditi Rao Hydari shine bright in custom-made rings by Andal Jewels for their engagement

    Unveiling Romance: Siddharth and Aditi Rao Hydari shine bright in custom-made rings by Andal Jewels for their engagement

    We are excited to share with you a first-look at the recent engagement of two beloved celebrities, Siddharth and Aditi Rao Hydari, who have won hearts with their luminosity and charisma. Their engagement was an expression of love and elegance, accentuated by the exchange of a custom-made Toi Et Moi (You and Me) ring for Aditi and a custom jeweled band for Siddharth from the renowned brand Andal Gems and Jewels from Hyderabad.

    Aditi’s ring, a custom design, brings together two exceptionally proportioned diamonds nestled next to one other—a symbol of their entwined destinies. The diamonds were sourced from the iconic Golconda mines, which are known for their exceptional quality, and were meticulously crafted over months. The round and pear-shaped diamonds have remarkable cut, color, clarity, and carat size, making this Toi Et Moi ring a true reflection of the couple’s unique love story.

    Siddharth’s ring, on the other hand, is a piece of artistry in its own way, a harmonious union of the illustrious big-three gemstones and brilliant-cut diamonds. A custom band tailored to the wearer’s story, with masterful craftsmanship that heightens luminosity of the gemstones at every turn. Every facet offers a meaning, making it a fitting symbol of his fairytale love story with Aditi.

    Esshitha Guna, Founder & Creative Director, Andal Gems & Jewels mentions, ”Designing for Siddharth and Aditi’s engagement was a blend of artistry and emotion, infusing each piece with personal significance. We aimed to create treasures that not only adorn but resonate deeply with the couple, capturing the magic of their union in every detail.”

    Andal gems and jewels, a ‘fine jewellery’ brand, known for its contemporary approach of gemstones, diamonds and timeless designs, has been a preferred choice for Seeking ‘high quality natural gemstones and masterful craftsmanship. Andal Jewels for this significant occasion reflects the brand’s reputation for excellence and sophistication. The timeless beauty and immaculate artisanship of these rings perfectly compliment Siddharth and Aditi’s glowing love, enchanting everyone who beholds them.

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  • The Pride of Gujarat Awards honor 50 remarkable individuals in business and social sectors

    The Pride of Gujarat Awards honor 50 remarkable individuals in business and social sectors

    Ahmedabad (Gujarat) [India], May 22: Fifty individuals and organizations that excel in business, entrepreneurship, and social work were honored with The Pride of Gujarat Awards – 2024 at a ceremony held at the YMCA Club in the presence of notable figures from across Gujarat.

    The guests included Thakkarbapa Nagar MLA Kanchanben Radadiya; Gujarat BJP Yuva Morcha President Dr. Prashant Korat; Gujarat BJP Cultural Cell Convener and Actor Janak Thakkar; Singer and Actor Arvind Vegda; Gujarati Folk Singer Urvashi Radadiya, and Miss Kashish Rathore, Youth Icon, Versatile Singer, Actor, Model and Professor.

    Gujarat is known for its strong entrepreneurial spirit and recognizing its leaders with such awards is a great idea. This initiative, led by Founder President Maharshi Desai and Vice President Bhavesh Dave of The Pride of India, aims to support this spirit of entrepreneurship.

    Over the past nine years, the organization has regularly recognized outstanding individuals and organizations, honoring about 250 people who have made Gujarat and India proud.

    This year’s Pride of Gujarat Awards celebrated those who have achieved great success in business and made important contributions to society.

    1 Ms. Aditi Parekh – Excellence in Business & Leadership Role

    2 Ms. Aesha Shah – National Women President, United Noble Human Rights Committee

    3 Ms. Akankshaa Chhaya – The Iconic and Electrifying Singer on the International Platform

    4 Mr. Animesh Desai – Managing Director & CEO – Arch Elevators Pvt. Ltd.

    5 Ms. Asha Akhani – Social Activist – Gandhidham, Kachchh

    6 Mr. Anil Dixit – Aryan Protection Security Services

    7 Ms. Babita Harwani – Best Teacher

    8 Mr. Darshankumar Trivedi – Director – The Bright Child Play School

    9 Mr. Darshak Rathod- Real Estate Influencer – Founder, Rama Realty

    10 Ms. Dipal J Sadhu – International Promoter of Indian Art & Culture

    11 Ms. Dharini Patel – Excellence in Educational Level & Health Care Level

    12 Ms. Devanshi Shah – Playback Singer & Live Performer 

    13 Dr. Falguni Shah – Angelic Melody Angel of Gujarat

    14 Mr. Gagan Goswami – Founder & Director – Heritage Infraspace

    15 Mr. Hiteshkumar V. Pandya – Mathematician & Principal, Laxman gyanpith madhyamik Shala

    16 Mr. Harshendu Oza – Photographer

    17 Mr. Kaushal Shah – Futuristic Investment in Real Estate – Vibrant Bizcom Ltd.

    18 Mr. Kamlesh Chauhan – Owner – Saurashtra Pan Shop

    19 Mr. Kartik Soni – Redeveloping Ahmedabad – Chairman, Swara Group

    20 Ms. Kinjal Barot – International Real Estate Consultant

    21 Mr. Kiritkumar Patel – Excellence in Weighing Scale Manufacturing

    22 Mr. krunal Pandya – Young Advocate Achievement

    23 Mr. Lalit Parihar – Founder of Aaiji Group, Dholera

    24 Mrs. Malti Sharma – Environmental Artist

    25 Mr. Maharaja Naushiv Varma – Rapper, Singer & Music Composer

    26 Mr. Mehul Dave – Director – Mahadev Computer

    27 Mr. Mihir Pandya – CEO – Om Zaira Diamond

    28 Ms. Nidhee Pandya – Woman Entrepreneur

    29 Mr. Narbheram Aghara – Yoga Teacher

    30 Mr. Nagendra Singh R. Rajput – Founder – Sharda Offset

    31 Mr. Parth V Patel – Numerology, Astrology & Vastu Expert

    32 Mr. Piyush Makwana – Architecture & Interior Designer

    33 PVC World – Excellence in UPVC Furniture Manufacturer

    34 Mr. Ravi B Gupta (SEBI – RA) – Excellence in Research Analysis & Derivative Analysis

    35 Mr. Rajendrasinh Rana – Social Work

    36 Ms. Rimi Didwania – Founder & Director – Schon Salon & Makeup Expert

    37 Ms. Riya Tanna – Anchor & Wedding Planner

    38 Mr. Rutul Patel – Sarang Group – Real Estate Developer

    39 Mr. Rushabh Sanghvi – Financial Advisor

    40 Mr. Rinkal Patel – RS Event & Jay Ramdev Sound

    41 Mr. Rushil Panchal – Superleaf Design Studio – Best Home Decore Designer

    42 Mr. Raju Gada (Rajesh Shah) – Villa Stonera – Iconic Flintstones House type Villa

    43 Ms. Savitri Rajendra Tiwari – Founder – Tatvmashi Sakti Samooh

    44 Ms. Swati Chauhan – Excellence in HR & Business Partnership

    45 Mr. Shaunak Shah – Saptak World – Premier Visa Consultancy Service in Gujarat

    46 Ms. Suman Upadhyay – Divine Bharatnatyam Dancer of Gujarat

    47 Mr. Shlok Patel – The Global Folk Iconic Singer

    48 Sukhadia Caterers – Best Caterers of Gujarat

    49 Ms. Vaishali Shah – CEO – Just Blouses Pvt Ltd

    50 Mr. Vivek Shah – Actor & Producer

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  • Indian Businesses to Benefit from Bitrix24’s Free Platform and Competitive Pricing

    Indian Businesses to Benefit from Bitrix24’s Free Platform and Competitive Pricing

    New Delhi (India), May 22:  Exciting news for Indian businesses! Bitrix24 has officially opened its newest office in Bangalore, India, signalling its commitment to empowering companies with cutting-edge tools for enhanced efficiency and productivity. The platform offers over 35 free tools, including CRM, Project Management, and RPA, all tailored to meet diverse business needs.

    Bitrix24 offers free services for an unlimited number of users, making professional communication accessible to everyone. In India, the basic plans start at 3990 rupees for 50 users and 7990 rupees for 100 users, which is 50% cheaper than in other countries. This ensures manageable IT expenses for companies as they grow.

    Moreover, Bitrix24 has launched a partner program, offering partners the opportunity to earn profits of up to $1000. The inauguration of the new Bangalore headquarters not only demonstrates Bitrix24’s dedication to the Indian market but also opens doors for local companies to leverage advanced tools and technologies for business growth.

    Rayees Wani, Bitrix24 India’s Managing Director, is excited about the expansion, emphasizing how Bitrix24 helps businesses grow. Offering CRM, Project Management, Document Management, and HR solutions, Bitrix24 is preferred for its mobile app and affordable prices, making it the smart choice for businesses wanting to work efficiently and grow quickly.

    About Bitrix24:

    Bitrix24, launched in 2012, serves 15 million users worldwide and offers a wide range of solutions, including CRM, Project Management, Document Management, HR, and more, catering to businesses of all sizes. With its mobile app and affordable prices, Bitrix24 is the ideal choice for businesses looking to work smarter and grow faster. For more information, visit Bitrix24.

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  • SETJA’s Yarn and Jari Textile Expo- 2024 in Surat Attracts 100 Exhibitors Nationwide

    SETJA’s Yarn and Jari Textile Expo- 2024 in Surat Attracts 100 Exhibitors Nationwide

    Surat (Gujarat) [India], May 22: Surat hosted the fourth edition of the two-day Yarn & Jari Textile Expo-2024, organized by the Secure Embroidery Thread & Jari Association (SETJA) on May 19 and 20. The event saw participation from over 100 exhibitors from various states across India, including Punjab, Maharashtra, and Tamil Nadu. These exhibitors showcased a diverse range of imitation jari and yarn products, highlighting the innovation and craftsmanship in the industry.

    Textile and Railway Minister Darshanaben Jardosh inaugurated the expo, emphasizing the need to position jari in the international market. She stressed the importance of exploring new uses for jari as a raw material and assured the industry’s stakeholders of the government’s support in resolving any developmental issues. Jardosh’s vision is to expand the market and make Indian jari a globally recognized product.

    On the second day, Dr. Gyanvatsal Swami, a renowned saint and corporate guide, graced the event with his presence. He emphasized the power of unity in business, stating, “Unity is Prosperity.” He encouraged industry players to work together to achieve success on a global scale, highlighting that integrity and unity are critical tools for business success.

    Several other dignitaries attended the event, including Mukesh Dalal, Member of Parliament from Surat; Daxshesh Mavani, Mayor of Surat; C.K. Maniya, President of the Rapier Jacquard Weavers Association; Dr. Haresh Balar, Vice President of the Rapier Jacquard Weavers Association; Ashok Jirawala of FOGWA; Kailash Hakim, President of FOSTTA; and office bearers from the Southern Gujarat Chamber of Commerce and Industries.

    The expo attracted around 37,000 buyers, reflecting significant interest in the jari and yarn products displayed. Among the special attractions at the exhibition were innovative products like the Babboo yarn jari, developed by Mahendra Zadafiya, founder of ADLON Industry. This product, made from bamboo after extensive research, stands out as a notable innovation from India. Another highlight was the launch of Multi Jari by K-TEX Jari, adding a unique category to the multi jari field.

    SETJA President Dipakbhai Kukadiya highlighted the association’s commitment to business development and the global reach of their products. He expressed the vision of making Surat a central hub for global buyers seeking high-quality jari and yarn products. Kukadiya also emphasized the importance of reducing dependency on China, aligning with Prime Minister Narendra Modi’s ‘Make in India’ initiative. He reiterated the goal of re-establishing Surat’s jari industry on the global stage.

    The success of the exhibition was also attributed to its sponsors, including title sponsor Pareshbhai Lathiya, founder of Aaradhana Jari; gold sponsor Vikas Sharaf, owner of VPLUS; and Kapil Goyani, director of Shiv Hari Processors Pvt Ltd. Their support played a crucial role in the event’s smooth execution and success.

    The imitation jari industry in Surat is a significant sector, with an annual market size of approximately Rs. 1,500 crore. The Yarn & Jari Textile Expo-2024 not only showcased the industry’s current capabilities but also highlighted the potential for future growth and innovation, setting the stage for Surat to regain its historical prominence in the global jari market.

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  • Tasva shines in Mumbai: From a spectacular launch at Oberoi Mall to a star-studded celebration at Santacruz

    Tasva shines in Mumbai: From a spectacular launch at Oberoi Mall to a star-studded celebration at Santacruz

    Mumbai (Maharashtra) [India], May 22: Aditya Birla Fashion and Retail Ltd in collaboration with celebrated designer Tarun Tahiliani, proudly announces the launch of Tasva’s first Mall store in Mumbai. The grand opening was nothing short of spectacular, with a surprise flash mob and puneri dhol performance that left the onlookers stunned. The crowd was taken by surprise when the Bollywood star and brand ambassador, Ananya Panday, made an unexpected entrance during the flash mob. The store was inaugurated by Ananya Panday in the presence of the renowned couturier, Tarun Tahiliani. 

    Spanning 1746 sq ft, the store offers a luxurious shopping experience with a design reflecting Tarun Tahiliani’s ‘India Modern’ ethos. It showcases a broad range of designer ethnic and wedding wear for the modern Indian man, including the new Art Deco-inspired Dinner Jacket collection, which features geometric patterns and intricate embroidery techniques like appliqué and hot-fix. The wedding and festive attire range includes a variety of kurta sets, achkans, sherwanis and Indo-western outfits, complemented by an array of accessories such as safas, sarpeches, brooches, pocket squares, buttons, sehras, stoles, shawls, and footwear.

    Following the grand launch at Oberoi Mall, Tasva further captivated Mumbai with a star-studded red-carpet event at its Santacruz store. This exclusive soirée brought together a distinguished mix of the city’s luminaries, including celebrated actors, acclaimed designers, top stylists, influencers and HNIs. The event was designed to not only showcase Tasva’s exquisite collection but also to foster meaningful connections within the fashion ecosystem. This elegant evening highlighted Tasva’s commitment to redefining contemporary ethnic and wedding wear, solidifying its status as a designer wedding wear brand.

    Ananya expressed her thoughts, saying, “This city holds a special place in my heart. Today, it’s a privilege to witness the fusion of traditional elegance and contemporary style as Tasva opens its doors in Oberoi Mall. Tasva’s commitment to redefining the groom’s fashion experience is commendable, and I’m excited to be a part of Tasva’s journey.”

    Commenting on the launch of the Oberoi Mall store, Tarun Tahiliani, Chief Design Officer, TASVA, expressed, “It’s an honor to bring our vision to life with the grand opening of our store in Oberoi Mall, Mumbai. At Tasva, each garment is meticulously crafted to celebrate our heritage while embracing contemporary style. Our new Mumbai store is a perfect space to experience the confluence of timeless techniques and modern designs that define Tasva.”

    Ashish Mukul, Brand Head, TASVA, shared his thoughts, stating, “At Tasva, we’re strategically expanding our retail footprint, and the grand opening of our first mall store in Mumbai at the Oberoi Mall is a major milestone in this direction. This store is a beacon of our commitment to accessibility and top-notch quality in designer wedding wear.” 

    Tasva, No. S/4, 2nd Floor, Oberoi Mall, Goregaon East, Mumbai

    Timings: 11:00 a.m.–9 p.m. daily | Phone: 022 46160386

    For more information, please visit: www.tasva.com   

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  • Balu Forge Industries Ltd Enhances Forging Production Capacity with Recent Acquisition

    Balu Forge Industries Ltd Enhances Forging Production Capacity with Recent Acquisition

    Mumbai (Maharashtra) [India], May 22: Balu Forge Industries Ltd takes one more leap to accomplish one of the major milestones. As a part of the larger mission to be among the prominent global players in value added critical forging & engineering segment, we are delighted to announce that Balu Forge Industries Ltd has taken up major expansion by setting up an advanced Forging Capacity of 72,000 Tons annually. Besides increase in the capacity, it enhances our R & D capability by far and with consistent to our vision & business plan to move away from pure forging company to become a value added Specialized Critical Engineering product company.

    Balu Forge Industries Limited (BFIL), a prominent precision engineering company engaged in manufacturing of crankshafts & forged components, is pleased to announce the successful acquisition of three forging lines in a combination of Hammers & Presses capable of producing 72,000 tonnes p.a. of heavy forged products. These newly acquired forging lines will seamlessly integrate with the precision engineering expansion taking place at our upcoming manufacturing campus in Belagavi, Karnataka thereby making BFIL an integrated one stop solution provider for advanced machining solutions for critical industries viz. Railways, Defence, Oil & Gas, Mining, Aerospace, Aluminium & other critical precision industries globally.

    BFIL is pleased to announce its recent acquisition of three state of the art forging production lines, with a capacity of producing 72,000 tons of forged products. This comprehensive setup includes 16-ton closed die forging hammer, 10-ton closed die forging hammer 8,000T capacity mechanical press this setup will be fully automated with latest technology LIKE ANTIVIBRATION SYSTEM PRESS LINE WITH ROBOTIC HANDLING COMPLINES WITH INDUSTRY 4.0 MODEL all of which will be installed in our upcoming greenfield project at Belagavi, Karnataka.

    The new forging unit will be seamlessly integrated with the recently acquired precision machining unit of Mercedes Benz. This will further strengthen our product engineering & increase our precision product offerings to global major’s operating in critical engineering & safety components industry with end-to- end solution under one roof.

    This forging unit includes a 16 Ton closed-die forging hammer, ranking amongst the largest in the country and capable of producing forgings up to 800-900 kgs. This capacity will be further enhanced with a 10 Ton closed-die forging hammer line and 8,000T capacity mechanical forging press. With these facilities we are advancing our presence in engineering critical industries viz. Oil and Gas, Aerospace, Defence, Railways, Mining, Aluminium and Auto part manufacturing and many other critical industries.

    This acquisition not only strengthens & expands our critical engineering products portfolio but also enhanced R&D capabilities in alloy mixing & metal combinations. It provides us unique strength in creating products from different alloys based of Aluminum to Titanium which shall enable BIFL to expand its product offering to major growth industries for critical engineering products and to further capture the OEM market that we cater to across North America, Europe, Asia, and the Middle East regions.

    Advantages of transforming into a fully integrated precision machining and forging company

    Commenting on the announcement, Trimaan Chandock, Executive Director of BFIL stated “I am delighted to share with one each of you that we have successfully concluded this expansion which opens new doors for us in critical & precision engineering space.

    This superlative acquisition also provides level playing footing with all global major in critical engineering product space and equally compete with them at global level in terms of precision, product & pricing.

    These recent three acquisitions are not only value accretive in terms of business financials but also a start of the new chapter for Balu Forge Industries Ltd. These newly acquired production lines fantastically complements the existing precision machining capacity of 32,000 tons, positioning BFIL as a fully integrated company.

    This strategic integration of precision/special engineering and forging will not only bring margin enhancement, but increased R & D capability addressing end-to-end needs & solutions for a substantial global clientele. Apart from the manufacturing prowess, the new facility once commercialized, will create large scale employment opportunities in the area and empower local societies around the plant. The team strength is expected to reach to 1,000+ employees (including contracted workforce) growing continuously from 375 in FY23 to 525 currently

    I would especially like to mention that all these acquisitions would not have been possible without my team members at BFIL. I am really thankful to each one at BFIL. I am sure we shall continue to take more such strategic initiatives which will be in line with our vision & business plan, incremental to BIFL’s Growth.”

    For further information on the Company, please visit www.baluindustries.com

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