Author: admin
Excelerate & Pepagora Announce Strategic Alliance
Excelerate, a global experiential learning platform, and Pepagora, the AI-powered B2B growth engine, have announced a strategic alliance to build a future-ready talent and SME growth ecosystem. This partnership combines Excelerate’s expertise in experiential learning with Pepagora’s strong SME network to empower students and strengthen global business opportunities.
Excelerate bridges students, institutions, and employers via immersive virtual internships, courses, competitions, and micro-scholarships. Through this strategic collaboration, Excelerate and Pepagora will jointly create a robust learning and talent ecosystem.
It will recognize and nurture global-ready talent by offering students curated experiential pathways from the very beginning of their career journey.
In addition, it will deliver tailored upskilling opportunities to SMEs, equipping them with essential skills and talent to drive growth, innovation, and competitiveness. The alliance will also build seamless talent pipelines, where learners become “future-ready” hires for employers, supported by hands-on experience and verified credentials.
‘’This collaboration allows us to extend our mission by connecting students with contemporary business challenges and opportunities. With 360-degree skill development support, we are not just preparing students for employment but also driving positive societal transformation,’’ said Mr. Sundar Kumarasamy, CEO Excelerate.
“Pepagora is equally excited to co-create this future-ready ecosystem. By combining our strong SME network with Excelerate’s experiential learning, we are enabling businesses to grow while also giving students unparalleled access to real-world challenges and career pathways,” said Mr. Murugesan Dhanapal, CEO Pepagora.
Experience Japan: Explore Well-Being Through Food Culture at Le Cordon Bleu
As part of their ongoing commitment to cultural exchange and culinary excellence, the Embassy of Japan in India, in collaboration with Le Cordon Bleu (GD Goenka University) and Ajinomoto Co., Inc Co., recently hosted a two-day culinary masterclass titled, ‘Experience Japan: Explore Well-being through Food Culture.’ This masterclass sought to promote the exchange of culinary expertise between Indian and Japanese cuisines, with a focus on creating healthy and delicious food.
In India, there is an increasing demand for food that is not only nutritious but also rich in flavour. This growing interest in well-being through food aligns seamlessly with the Japanese way of eating, known as Washoku. Washoku refers to the traditional Japanese dietary culture that emphasizes a harmonious balance between the ingredients, their preparation, and presentation. It involves using seasonal ingredients to create meals that are both nutritionally balanced and visually appealing. Recognized as a UNESCO Intangible Cultural Heritage, Washoku embodies principles of respect for nature and is known for its use of umami – the fifth basic taste – to naturally enhance flavours, making healthy meals more satisfying and appetizing.
The masterclass featured live demonstrations, interactive sessions, and tastings led by renowned culinary experts, including Japanese Chef Dr. Takuji Takahashi, the CEO and Chef of the Michelin-starred Kinobu Restaurant in Kyoto and a member of the Japanese Culinary Academy (NPO); Dr. Hiroya Kawasaki, the Executive Specialist of Ajinomoto Co., Inc. Food Research Institute and Director of the Japanese Culinary Academy (NPO); and Chef Ajay Chopra, the Managing Director of Zion Hospitality, an Indian MasterChef, and a well-known consultant and media personality. Participants were immersed in the art of Washoku and explored the role of umami, inspiring them to adapt these techniques and concepts into their own culinary creations, enriching Indian cuisine.
“Ajinomoto Co., Inc. is proud to have collaborated on this culinary masterclass, which underscores our commitment to promoting umami and its role in enhancing flavour and nutrition. We believe this exchange will inspire chefs to create more health-conscious and delicious dishes, benefiting the lives of people across India and strengthening our connections with the culinary community.” – Ajinomoto Co., Inc. Mr. Shigeyuki Takeuchi, Associate General Manager, Science Group, Global Communications Department.
As Chefs, we have the unique opportunity to not only create dishes but also promote a deeper understanding of the cultural significance behind the ingredients we use. This masterclass has been a remarkable platform to share the principles of Washoku, emphasizing the harmony of nutrition and flavour, and I hope it inspires the next generation of chefs to embrace these values in their culinary journeys.” remarked Chef Dr. Takuji Takahashi.
“At Le Cordon Bleu, Gurugram, we are honoured to collaborate on initiatives that bridge cultures through the universal language of food. This masterclass exemplified the fusion of culinary traditions, where Indian and Japanese expertise came together to promote health, flavour and artistry. We believe that the exchange of such knowledge inspires our students to embrace culinary innovation while preserving cultural authenticity.” – Prof. Rajiv Gulshan, Dean, Le Cordon Bleu, Gurugram.
“During these sessions, please consider how umami might apply to Indian cuisine. Could the principles of umami be used to enhance the flavors in Indian dishes? How might techniques inspired by dashi contribute to creating healthy, flavorful Indian foods? The purpose of this exchange is to enrich both culinary traditions. It’s an opportunity to discover new ways to create delicious and nutritious meals.” remarked Mr. Takashi Ariyoshi, Deputy Chief of Mission of the Embassy of Japan in India.
FCL Receives Prestigious Green Pro Certification for Sustainable Product Manufacturing
Fineotex Chemical Limited (FCL), one of India’s leading multinational speciality performance chemical manufacturers, has been awarded the Green Pro Certification by US Certification & Inspection Limited, recognising the company’s commitment to sustainable and eco-friendly manufacturing practices.
This certification is awarded following an independent assessment of FCL’s products and operations, and confirms their alignment with green product requirements. The Green Pro Certification has been granted for the manufacturing of various environmentally responsible cleaning and hygiene products such as Finocon F1 Washroom Cleaner, Finocon F7 All Purpose Neutral Cleaner, Finocon F5 Air Freshener, and other key products used across sectors.
The certification is valid till April 23, 2028, and underscores Fineotex’s proactive efforts to integrate sustainable processes and reduce environmental impact in its manufacturing facilities located in Ambernath and Navi Mumbai, Maharashtra.
On receiving the Green Pro Certification, Mr. Sanjay Tibrewala, Executive Director, Fineotex Chemical Limited, said, “Sustainability is the core of our operations and this Green Pro Certification is a testament to our dedication in developing and manufacturing products that are not only high-performing but also environmentally responsible. We continue to invest in green technologies and responsible innovation to create a better tomorrow.”
The Green Pro Certification is an eco-labelling program that enables end users to make informed choices by identifying environment-friendly products that meet stringent sustainability criteria. It provides a holistic framework that evaluates a product’s performance through its life cycle from raw material to disposal.
Fineotex Chemical continues to reinforce its commitment to ESG (Environmental, Social, Governance) principles and sustainable innovation across all areas of operation. FCL has also previously been honoured with the EcoVadis Commitment Badge and is a certified Great Place to Work company for three consecutive years.
Fineotex Chemical Limited announces Q4 & FY25 Earnings Results
Fineotex Chemical Limited (“FCL” or “Company”), one of India’s largest multinational specialty performance chemical manufacturer, today announced its audited financial results for the fourth quarter and full year ended March 31st, 2025.
“We ended FY25 on a stable footing, with steady performance in the textile chemicals segment and strong growth in newly diversified businesses.
Despite a nuanced demand environment, our strategic direction remains clear, and we continue to execute with resilience and a long-term growth mindset.
During the quarter, the textile chemicals segment remained stable, with sustained demand across key geographies. We added 30 new customers during fourth quarter, a testament to our expanding reach and trusted product performance. We also developed 15 new products, reinforcing our focus on innovation and our ability to respond swiftly to evolving customer requirements.
While the FMCG, Cleaning & Hygiene segment witnessed a temporary softness in volumes, the underlying demand fundamentals remain intact, and we anticipate a pickup in the coming quarters. Our new business verticals — Water Treatment and Oil & Gas — delivered strong performance, with a substantial increase in both volumes and value contribution backed by a robust and growing order pipeline. Further, we are undertaking focused capital expenditure, promotional and brand-building initiatives.
These investments are aimed at enhancing production capabilities, strengthening market presence, and accelerating customer acquisition in these fast-growing business segments. These business lines are expected to play an increasingly significant role in our revenue mix in the coming years.
A major milestone during the year was the government approval of AquaStrike Premium, our biotechnology- based mosquito control solution developed using Azadirachtin. This plant-based, sustainable innovation opens up growth opportunities in public health and institutional hygiene, both in India and emerging markets. Looking ahead, we are optimistic about the export environment.
The India–UK Free Trade Agreement, is expected to improve market access, reduce trade barriers, and enhance our competitiveness in the UK and Europe, particularly for textile and specialty chemicals. To support our growth aspirations, we are pleased to report that our greenfield expansion is progressing as planned and will add 15,000 MTPA of capacity, increasing our total installed capacity to 1,20,000 MTPA expected to commence operations in Q2 FY26.
With a diversified product portfolio, strong demand pipeline, growing international reach, and a healthy balance sheet, we remain confident in our strategic roadmap and we are well-positioned to deliver consistent, long-term value to all stakeholders.”
Fineotex Chemical Limited Executive Director,honored with the Industry Leader Award at Life Cycle Assessment Summit 2025
The Executive Director of Fineotex Chemical Limited, Mr. Sanjay Tibrewala, has been conferred the prestigious Industry Leader Award at the Life Cycle Assessment Summit (LCAS-2025). The honor, presented by Shri Sanjay Savkare Ji, Hon’ble Textile Minister, Maharashtra, and Smt. Roop Rashi Mahapatra, Textile Commissioner, India celebrates Mr. Tibrewala’s visionary leadership and transformative contributions to sustainability, innovation, and technological advancements in the textiles and chemical sectors.
The summit, organized by SASMIRA under the National Technical Textiles Mission (NTTM) in collaboration with the Ministry of Textiles, Government of India, brought together trailblazers and policymakers to drive actionable solutions for a sustainable future.
The award ceremony was graced by key dignitaries, including Shri Rajeev Saxena (Joint Secretary, Ministry of Textiles), Ms Sinha (Secretary, Maharashtra Textiles), and Shri Mihir Mehta (President, SASMIRA).
On this momentous occasion, Mr. Sanjay Tibrewala, Executive Director, Fineotex Chemical Limited., said:“This honor is a testament to Fineotex’s mission of delivering cutting-edge, sustainable solutions that address industry challenges. Our robust R&D initiatives and state-of-the-art technologies enable us to set benchmarks in sustainable innovation while empowering industries to align with global sustainability ob-jectives. This award strengthens our resolve to continue driving the transformation of the textiles and chemical sectors toward a greener future.”
As a frontrunner in sustainable innovation, Fineotex Chemical Limited consistently delivers high-impact, solution-driven R&D initiatives that not only meet but exceed the evolving demands of industries. By harmonizing advanced technologies with eco-friendly practices, the company contributes to a circular economy, enhancing resource efficiency and redefining industry standards.
The LCA Summit 2025 served as a dynamic platform, uniting industry leaders, policymakers, and innovators to strategize sustainable practices across the value chain. Fineotex extended its gratitude to SASMIRA, the Ministry of Textiles, and all stakeholders for their dedication to fostering sustainability and innovation.
This milestone reinforces Fineotex’s position as a leader in creating transformative, sustainable solutions that redefine industry standards and pave the way for a brighter, greener future.
Freyr Energy Raises INR 58 Crores in Series B Round Led by EDFI ElectriFI to Accelerate Solar Transition
Freyr Energy, a leading tech-enabled rooftop solar company in India, has secured an equity investment of INR 58 Crores. Freyr Energy is at the forefront of sustainable change accelerating the transition to solar energy for the retail customers (Homeowners and Micro, Small, and Medium Enterprises) in India.
The round was led by EDFI ElectriFI, an EU-funded impact investment facility managed by EDFI Management Company which invested USD 3 million. Other investors who participated in the round are Schneider Electric Energy Asia Fund (SEEAA), Lotus Capital LLC, Maybright Ventures and VT Capital.
Rodrigo Madrazo (CEO of EDFI Management company) expressed his enthusiasm for this transformative investment, stating, “The solar market for the retail sector in India is highly fragmented and disorganized. In this context, we do see an opportunity to team-up with Freyr Energy in bringing solar solutions combined with technology and consumer financing to allow retail customers to transition seamlessly to solar power and reduce their electricity bills. At EDFI MC, we are proud to have closed this equity transaction together with likeminded investors from different parts of the globe.”
Gilles Vermot Desroches, President of SEEAA added, “We believe that Freyr Energy has the potential to foster the energy transition in India by expanding from clean energy production to smart energy consumption. It is this vision as well as the quality and professionalism of the leadership team that encouraged us to invest in Freyr Energy 2 years ago and support them throughout their journey to Series B. We are excited with the accomplishment so far and cannot wait to see how, alongside likeminded co-investors, we could support the company further”.
Also commenting on the transaction, Abhishek Agarwal (Founder & Managing Partner, Lotus Capital LLC) said “India’s retail sector accounts for more than 50% of its total electricity consumption. Rooftop solar makes up less than 2% of this energy mix today. Solar power, which is 60% less expensive than grid power, presents a substantial market opportunity. Freyr Energy is very well positioned to become a market leader and create significant economic and environmental impact”.
Radhika and Saurabh (Co-Founders, Freyr Energy) said, ‘We are excited about this fund raise and bringing on-board likeminded investors. This strategic investment reinforces Freyr Energy’s commitment to empower Indian retail customers and will allow us to make investments in building our team, product development and marketing to continue scaling at a rapid pace.’
From Retail Store to Padmashree Nominee’ that’s the Story of Dr.Jay Patadiaa from ‘The MBO Store, Mumbai, India
From Retail Store to Padmashree Nominee that’s the Story of Dr.Jay Patadiaa from ‘The MBO Store” (The Multi Brand Outlet) is known as the discount store, offering customers a wide range of products with discounts ranging from 25% right up to 60% – throughout the year. Yes you read it right, discounts available for 365 Days on top brands, exclusive garments & no second’s stock.
The store retails brands like Levi’s, Armani Exchange, Reebok, Wert, Lee Cooper, Pepe Jeans, Spykar, Wrangler, Lee, Arrow, One Percent Jeans and more.
Apart from Indian brands the store also sources products from global markets, most of which are unavailable in the country. The working has yet not changed, yet 12 hours a day continues.When passion is on thrones Reasons’ r out of doors. 5 doctorates 200 plus records Padmashree nominee .
The story just continues of awards, records which includes State, National, International and a World Records holder With current achievement in Dadasaheb Phalke Television Award and IIFA too Representing Trade and retail Representing India in many States and Internationally too. The journey is just 25 years old with the start of a retail store on Electronics and then in Clothing.
Now with 3 retail Store’s Online business and started massive wholesale business pan India of clothing and chairs. The ups and downs of business have just been a part of the routine activity.
As he says, at a given point of time’ he was ready to sell his business. But as always the better half who yet stands as a strong pillar in his life made him get up and start the show again that’s where the company started again from scratch and achievements followed.,
The punch line was ‘Go get going, discipline, focus on goals and achieve it.The next ‘Big thing up is ‘Ladies Garments getting introduced in the MBO Store’s. Planning to launch in ‘Big way’. Let’s get started With taking business International that’s the next plan for 3 years What keeps one going, comes with the same reason that was common in 1999.
The journey that’ started with working under my Father in his Electronics business.
Started not as a Boss’s son but as a helper.Cleaning floors, TV, Fridges, going for deliveries of goods. As a teenager loved all’ what I did then just learned how to do sales then promoted to do sales,then worked there for 2 years Including doing my studies in Commerce from Mithibai College in Parle, after that I was being shifted with my cousin in Parel where currently the head office and retail store of the MBO Store’s. MBOs drive more footfalls as compared to shoppes or outlets as they display a mixed bag of brands at varied price points, while shoppes or outlets s display only single brand’s merchandise.
At MBOs, customers get confused seeing an extensive variety of brands and thereby making it difficult for them to pick the right brand, whereas shoppes or outlets are meant for loyal customers only. Sales at MBOs are higher than at shoppes or outlets.
Also, the franchisor can save on store rentals. MBO retailing via franchising is brimming with a horde of opportunities as the concept is tremendously in rage among sectors starting from fashion clothing, accessories, jewellery, eyewear, watches, footwear and consumer electronics mobiles and automobiles.
Be it a brick and mortar space or e-commerce portals, the MBO format is flooded with a bag full of opportunities. Currently Titan, Helios, Raymond, Titan Eye+, Mahindra First Choice, Carnation Auto, Kapsons, Van Heusen, The Mobile Store, Skechers, Sangeetha Mobiles, Promart, Urban Shore, Kimaya
Kitsch, Siyaram’s ,and Planet Fashion are operating via the MBO format As discerning customers’ hunger for picking from wider options is indeed becoming a never-ending process, the trend of MBO franchising is steadily catching up in India.
Like international markets, the concept is rapidly growing in India too, considering the changing lifestyle and brand awareness among all the strata of society.
Leaving the exclusive brand outlet (EBO) concept behind, MBO franchising has now cemented its ground in busy locations such as high-streets and malls. When it comes to thriving brand sales, brands hop on to new boulevards or newer retail distribution formats to pull the customers to their stores.
As price sensitivity is no longer persistent in customers’ mindset, brands are now going gung ho about pushing sales more in a MBO format and thereby giving a touch edge to competitors retailing via EBOs.
Nowadays, MBO franchising has started gaining ground as consumers like to pick from a wide option of brands with varied price points.
Whereas in case of EBOs, only one brand’s offerings are retailed and it’s meant for only the brand’s loyal customers who love to buy from that particular store only.
In a nutshell, MBO franchising is the safest route for spreading wings rapidly. MBOs attract more customers as they are able to see through a mixed bag of merchandise of each brand displayed under one roof.
It’s indeed a feasible investment option for franchisors who wish to scale up their business expansion strategy. We spoke to Jay ,thats Jitesh Patadia,he prides in calling him CCE / Partner at THE MBO STORES at Mumbai.
Courtesy : In Conversation with Padmashree Nominee Dr.Jay Patadiaa Owner, Propreitor and Social worker at MBO, Mumbai, India
From Science Labs to Farm Fields to Shopfloors: ITC Champions Women Empowerment
In a world that increasingly recognizes the power of women as changemakers, ITC has always been committed to fostering gender equity and women empowerment. With its presence spanning diverse businesses, operations, initiatives and regions, ITC provides unique opportunities for women to contribute across myriad touchpoints. This International Women’s Day, ITC launches the #HerStory campaign—a testament to its unwavering focus on Nari Shakti (women’s power) as a catalyst for socio-economic progress. From laboratories to rural landscapes, factory shopfloors to corporate roles, ITC’s #HerStory campaign amplifies the voices of women who have broken barriers and reshaped industries through their resilience, skills, and leadership. Starting with an inspiring video on contribution of women scientists to innovation at the ITC Life Sciences and Technology Centre, (LSTC) Bengaluru, the campaign series envisages to celebrate the contribution of women in diverse roles including in manufacturing, distribution and agriculture, whilst showcasing the resilience of rural women in overcoming diverse challenges, as a part of ITC’s multidimensional social investment programme. The campaign will be amplified across ITC’s social media platforms including LinkedIn, Instagram, X, YouTube and its Whatsapp Channel.
Driving Inclusion Across Shopfloors and Innovation Centres
ITC has spearheaded impactful initiatives for women empowerment across key operations. With a workforce increasingly enriched by women, ITC’s FMCG manufacturing units in Mysuru, Medak, and Pudukkottai have pioneered the inclusion of women in shopfloor roles. The Pudukkottai facility in Tamil Nadu, with a 67% women workforce, and the Khordha factory in Odisha with 100% women operators are shining examples of how the company is rewriting the script of gender diversity in the industrial sector.
Beyond the confines of its factories, ITC has made significant strides in ensuring women participation in Research & Development. With over 150 women scientists and nearly 47% gender diversity at its Life Sciences and Technology Centre (LSTC), the company is proactively addressing the global challenge of women’s underrepresentation in STEM fields. Going forward, ITC LSTC aspires to set new industry benchmarks for inclusivity in scientific research.
Empowering Women in Farming
ITC has an unwavering resolve to support women farmers as rural changemakers. Through its ITCMAARS initiative, the company has helped establish over 1700 Farmer Producer Organizations (FPOs), with the FPOs ensuring at least one woman director on its board. Additionally, ITC has facilitated the formation of 25 all-women FPOs, empowering over 7,500 women farmers and enabling them to drive sustainable agri-business enterprises.
ITC’s Women Managed Agri-Business Centres (WMABCs) have transformed over 6000 rural women from 12 states into entrepreneurs, fostering independence through skills in nursery development, agri-equipment hiring, and compost production. These initiatives are not just uplifting individuals; they are reshaping entire communities by fostering financial self-reliance and strengthening rural economies.
Gateway Distriparks Ltd declares ‘First Interim Dividend for FY26 of Rs.1.25 per share
Financials include Total Revenue of INR 162.16 crores, EBIDTA of INR 25.09 crores, PBT of INR 3.95 crores and PAT of INR 2.54 crores due to consolidation of accounts after Snowman Logistics went from being an Associate Company to a Subsidiary from December, 24 2024.
Prem Kishan Dass Gupta, Chairman & Managing Director, said, “On a year-on-year basis we see good growth in volumes, revenue and EBITDA. Geopolitical and geoeconomic conditions are expected to stabilise soon. The recently closed UK trade deal will be a positive for EXIM volumes and we are hopeful for similar impact from EU and US trade deals which should boost volumes further. There are some new opportunities available in the domestic segment, which we have already started in a small way and will continue to expand on this. While we continue looking to acquire land for developing our own ICDs, we are also exploring operating on an asset light model to grow our volumes.
Snowman continues to expand its presence with new capacity already added in Kolkata, Krishnapatnam and Kundli (NCR) and plans are already in place to further add pallet capacity to new and existing locations.
Gateway Distriparks Limited is an integrated inter-modal logistics service provider. It has a network of 10 container terminals strategically located across the country, operating a fleet of 34 trainsets along with 560+ trailers for transportation between its facilities and maritime ports, as well as first & last mile connectivity to provide end to end solutions to the EXIM industry. The company offers general & bonded warehousing, rail & road transportation, container handling services and other value added
services. Through Snowman Logistics Limited, its associate company, the company offers also cold chain logistics and 5PL distribution services across the country.
Gem & Jewellery industry will play a key role in making Maharashtra USD 1 trillion economy
Gems & jewellery industry belongs to Mumbai as Mumbai accounts for 72% of the annual USD 37 bn of exports, proclaimed Dr. Devendra Fadnavis, Hon. Dy. Chief Minister of Maharashtra, while inaugurating the largest-ever IIJS Signature & IGJME 2024 twin Exhibitions organised by the Gem & Jewellery Export Promotion Council (GJEPC) at the Bombay Exhibition Centre, NESCO Goregaon.
For the first time ever, the New Year’s first top-of-the-line design centric jewellery trade show IIJS Signature (India International Jewellery Show Signature) along with the India Gem & Jewellery Machinery Expo (IGJME) is being held at two venues in Mumbai: Bombay Exhibition Centre, NESCO, Goregaon (5-8 January)and JIO World Convention Centre, BKC (4-7 January).
Dr. Devendra Fadnavis was accompanied by Shri Uday Samant, Hon. Minister of Industries, Govt. of Maharashtra at the inauguration ceremony in the presence of Ms. Reshma Lakhani, Director General, DGEP; Mr. Paul Rowley, Executive Vice President, De Beers; Shri Sunil Nayak, CEO, Reliance Jewels; Mr. Vipul Shah Chairman, GJEPC; Shri Kirit Bhansali, Vice Chairman, GJEPC; Shri Nirav Bhansali (Convener, National Exhibitions, GJEPC); Shri Sabyasachi Ray (ED, GJEPC), along with the doyens of international & Indian diamond, gem & jewellery sector.
While speaking at the IIJS Signature, Dr. Fadnavis said, “Prime Minister Shri Narendra Modi ji has set a target of USD 75 bn for gem & jewellery exports by 2030. This will be possible with the pivotal role played by the apex body GJEPC, which has instrumental in making India one of the biggest international players in the global gems & jewellery industry. Maharashtra Government has worked closely with GJEPC to complete the new Common Facility Centre (CFC) at SEEPZ in just 17 months and this will allow gem & jewellery exporters especially MSMEs to have hassle free shipment, paper work and facilitate ease of doing business. Maharashtra Government and GJEPC have collaborated for the new India Gems & Jewellery Park at Navi Mumbai and this initiative will also help achieve export target. Jewellery Park will create new ecosystem in gems & jewellery industry wherein Maharashtra will preserve its status as ace exporter and set new records in gem & jewellery exports. Indian jewellery has been part of the global trade since time memorial not is just economic but also an emotional investment. As India prospers and economy and industry expands, Maharashtra will continue to make new investments. Maharashtra Govt. is working tirelessly to help gem & jewellery entrepreneurs in key parameters such as ease of doing business and cost of doing business. As Maharashtra targets to become USD 1 trillion economy, we shall continue to collaborate with GJEPC to create unique institutions such as the Bharat Diamond Bourse, which symbolises unique ecosystem. And whenever GJEPC wishes to create any new ecosystem, the natural and first choice has to be Maharashtra.”
Maharashtra’s Industries Minister Uday Samant urges GJEPC to develop indigenous gem & jewellery industry in rural India.
While thanking Dr. Devendra Fadnavis for his support and vision, Mr. Vipul Shah, Chairman, GJEPC, said, “Now, with the Jewellery Park coming up in Navi Mumbai with the support of Maharashtra Government, our industry is getting ready to bring in more investments from abroad. The Jewellery Park brings with it several government-backed advantages. It’s a one-stop-shop with the Single Window Clearance for government approvals under the Maitri Policy, making processes smoother and faster. Additionally, the State Government has offered relief in power tariff and electricity charges, among other benefits. These initiatives significantly ease the path for businesses, ensuring efficiency and reducing operational costs, ultimately fostering a thriving environment within the park.”