Mother’s day becomes more special with Samsung Fab Grab Fest

This Mother’s Day let’s celebrate the remarkable women who hold a special place in our hearts—our mothers. This day is most appropriate to express our deepest love and gratitude for the unshakable support, and the invaluable presence they extend into our lives. Selecting the perfect gift is an art, and we’re here to make your quest for something special and unique for mothers easier. Whether you’re seeking to streamline her daily routine or indulge her tech-savvy side, the Fab Grab Fest 2024 presents a multitude of options. Here’s a guide to some of the top offerings:

Smartphones:

In an age where staying connected is paramount, a smartphone becomes more than just a gadget; it’s a lifeline to the ones we love. Whether it’s capturing cherished moments, staying organized, or simply keeping in touch, smartphones form an integral part of our lives. Fab Grab offers Up to 64% off on various smartphone ranges.

• Samsung Galaxy S24 Ultra: Delve into the realm of connectivity and innovation with the Samsung Galaxy S24 Ultra. it’s a gateway to staying connected with loved ones and capturing precious moments effortlessly.

• Galaxy Z Flip5: For the trendsetting mom who appreciates elegance and functionality, the Galaxy Z Flip5 is a masterpiece of design and utility. Its sleek foldable display offers a unique blend of style and practicality, making it a standout choice.

Wearables & Tabs:

Beyond the realm of smartphones, Fab Grab offers a range of wearables and tabs designed to complement your mother’s lifestyle with up to 77% off.

• Galaxy Tab S9 Series: Elevate her productivity and entertainment experience with this Series. These tablets redefine versatility, offering immersive visuals and seamless multitasking capabilities for both work and leisure.

• Galaxy Watch6 Series: Help her stay on top of her health and schedule with the Galaxy Watch Series. With its sophisticated design and advanced health tracking features, it’s more than just a timepiece; it’s a companion in her wellness journey.

• Galaxy Buds2 Pro: Give her an ultimate audio experience with the Galaxy Buds2 Pro. With crystal-clear sound and comfortable fit, these wireless earbuds are perfect for an enjoyable music experience.

Digital Appliances:

Acknowledging the importance of culinary adventures, Fab Grab offers up to 48% off on digital appliances that redefine convenience and efficiency.

• 32L, Masala & SunDry™, and Convection Microwave Oven: Elevate her culinary experience with the 32L Convection Microwave Oven. Featuring Masala & SunDry™ technology, it’s designed to cater to her diverse cooking needs while preserving the flavours of her signature dishes.

• 8.0 kg EcoBubble™ Front loading Washing Machine: Transform her laundry routine with the 8.0 kg EcoBubble™ Front loading Washing Machine. Engineered for efficiency and gentleness on fabrics, it ensures her clothes emerge clean and fresh every time, making laundry fun and absolutely simplified.

These offerings are more than mere products; they are a gesture of appreciation and love, for someone who enriches our lives in ways more than one. Let your gift speak volumes, echoing the sentiment of gratitude and admiration for the remarkable woman who has shaped your world.

Greaves Electric Mobility introduces high-performance family electric scooter – Ampere Nexus

Greaves Electric Mobility Private Limited (GEMPL), the e-mobility arm of Greaves Cotton Limited, today introduces its first high-performance family electric scooter, the Ampere Nexus, starting at INR 1,09,900 (ex-showroom).  Ampere Nexus is entirely designed, developed, and manufactured in India, featuring multiple first-ever innovations and class-leading specifications.  

The Ampere Nexus comes in four attractive colours: Zanskar Aqua, Indian Red, Lunar White, and Steel Grey.  This diverse colour palette ensures riders have a spectrum of appealing choices to suit their preferences.  High-performance and family-focused features redefine the electric scooter experience, providing unparalleled comfort, style, performance, intelligence, and safety.

• Best-in-class hybrid swing arm with twin suspension
• Best-in-class aerodynamics with unique air-cool architecture
•  4x stronger chassis with a load-stratified design enabled with Nex.Armor™
• 7″ TFT Touchscreen with SmartSense technology and lightning fast boot time enabled with Nex.IO™  
• Safest LFP chemistry with 1.3 times more cycle life and fastest charging time of 3hr 22mins
• Brightest in the category Diamond Cut Headlamps and Arctic Tern-inspired Taillamps
• Functionally designed large seat with crafted lightweight aluminium grab handle
• 93 kmph top speed with five riding modes and 136 km certified range
• Premium Seamless design without visible nuts and bolts

Mr K. Vijaya Kumar, Executive Director & CEO of Greaves Electric Mobility Private Limited, said, “The launch of Ampere Nexus high-speed electric scooter marks a momentous achievement in our commitment to sustainable transportation.  This transition from leisurely to urban to high-speed models signifies a pivotal moment in our journey.  With each stride forward in democratising e-mobility, we progress toward a more inclusive, sustainable future.  The Ampere Nexus stands ready for those ready to Take Charge of their daily aspirations.”

Boasting a 3 kWh safest LFP battery with 30% extra battery life and a powerful mid-mount drive, this e-scooter delivers a seamless riding experience with its 4 kW peak motor power.  With five versatile riding modes, front disc brakes and an IP67 rating, riders can effortlessly navigate all terrains and climates, including flooded conditions, validated by this scooter’s iconic pre-launch ride covering 10,000 km from Kashmir to Kanyakumari.  The Ampere Nexus ensures both performance and efficiency by offering impressive speed in Power mode, along with more comfort-focused multiple city modes and reverse mode.  Plus, with a remarkable CMVR-certified range of 136 km per charge, riders can explore more without worrying about recharging frequently.  Crafted at the confluence of innovation and reliability, the Ampere Nexus sets a new benchmark for electric mobility, embodying the ethos of the trademarked technologies of Nex.Armor and Nex.IO.

The e-scooter, dubbed The Nex Big Thing, achieved a record-breaking journey from Kashmir to Kanyakumari.  This expedition set four iconic records acknowledged by the India Book of Records. It achieved the longest electric scooter ride, spanning over 10,000 kilometres, a first in a single journey.  The journey also set a record by visiting 115 cities and towns in one ride.  Additionally, the scooter became the first electric scooter capable of towing a pickup truck weighing 1860 kg and an additional 140 kg from two passengers, covering 2 kilometres.  Another notable achievement was the creation of the biggest electric scooter brand logo on white sand, measuring an impressive 179.8ft x 95.2 ft or 17100 sq. ft.

Today, you can book the Ampere Nexus in two variants (Nexus EX and Nexus ST) online.  Test rides and delivery will be available at over 400 dealerships and touchpoints across India starting the second half of May 2024.

Rawlplug and Saketh Seven Star Industries Pvt. Ltd. Join Forces to Revolutionize India’s Construction Landscape

Two global manufacturing powerhouses, Saketh Seven Star Industries Pvt. Ltd. (SSSIPL) and Rawlplug products and services India Pvt Ltd., have joined forces to usher in a new era of innovation and excellence in India’s engineering sector. This monumental partnership marks the official launch of Rawlplug in India and underscores a commitment to redefine the future of construction and engineering across the nation.

Rooted in a rich history of engineering ingenuity, Rawlplug traces its origins back to 1887 when Rawlings Brothers, a small plumbing and electrical engineering company, was founded in London. The company’s breakthrough came in 1910 when it invented the world’s first wall plug, revolutionizing the construction and DIY industries. Renamed Rawlplug in 1919, the company has since been at the forefront of fixing technology and tools for the construction industry, offering a comprehensive range of products and services that set industry standards.

Additionally, Saketh Seven Star Industries Pvt. Ltd. (SSSIPL) stands as one of the top 10 companies in Maharashtra, providing Zinc and Aluminum flake coating and Mechanical Zinc coating for in-house products, serving as a reliable backup for premium fastener companies within the region. With a commitment to quality and innovation, SSSSIPL has established itself as a trusted partner in the engineering landscape, driving forward the vision of a robust and sustainable India.

Rawlplug’s extensive product portfolio spans power tools, direct fastening systems, hand tools, anchors, fixings, screws, fasteners, sealants & adhesives, wood connectors, chains & ropes, and DIY kits, offering comprehensive solutions for construction professionals and DIY enthusiasts. Committed to advancing safety and efficiency in construction practices, Rawlplug also provides fire protection systems and technical software, coupled with training and technical support services to empower customers in achieving optimal results.

Rawlplug, a global leader renowned for its innovation and reliability, has partnered with Saketh Seven Star Industries Pvt. Ltd. to deliver unparalleled solutions that will shape the future of engineering in India. Together, they are poised to drive sustainable growth and development across the nation.

Saarthi Greentech Unveils First Factory in Pune to produce Hydrogen Fuel Systems that aim to reduce Fuel Consumption and Carbon Emissions in an Indo- Australian collaboration.

Saarthi GreenTech, an Indo-Australian clean-tech company, has proudly announced the grand inauguration of its state-of-the-art factory in Chakan, Pune. In first phase of its operation the 10,000 sq. ft production unit will manufacture approximately 1,00,000 units annually. The K series Hydrogen Fuel Systems will be available in different variants like K20, K30, K40, K50 corresponding to the engine capacity they support. Their patented electrolyser-based Hydrogen Fuel Systems, a cutting-edge technology, converts diesel-run engines into hydrogen-based hybrids instantly, leading to a remarkable reduction in fuel consumption and harmful emissions.

This factory represents a significant step forward for Saarthi GreenTech, making it India’s first manufacturing & assembly unit for Saarthi GreenTech’s innovative products to be sold in India as well as exported to global markets like Australia, Middle-East, Africa & the USA. Saarthi GreenTech’s current investment of approximately One Million Australian Dollars underscores its commitment to driving sustainable solutions and pioneering advancements in clean energy technologies.

The Indo- Australian innovation was inaugurated by Mr.Paul Murphy, the consulate general of Australia accompanied by Ms.Malini Dutt, A/g Trade and Investment Commissioner – India, Investment NSW, along with leaders of Saarthi GreenTech – Mr. Alok Kumar, Co-Founder, Saarthi GreenTech, Karunjit Kumar Dhir, Co-Founder Saarthi GreenTech and other industry veterans. They were also joined by Mr.Abhishek Goyal of BLR Logistiks, Mr. Balamurugan KGS of TransPra and Mr. Malcolm Dsouza & Mr.Santosh Ingalkar of KSH Distriparks as some of their esteemed guests for this inauguration ceremony.  

Mrs. Nandani Kumar, MD for Saarthi GreenTech in India said, “The entire team at Saarthi GreenTech is passionate about leveraging technological innovations to reduce pollution & overall carbon footprint of the industries that heavily depend on the usage of the fossil-fuel, especially diesel. We are driven by a single focus to make this world a better place for our future generations by giving them a cleaner & greener world.”

Mr. Alok Kumar, Co-Founder of Saarthi GreenTech said, “After having invested years into this technology & project, the inauguration of the factory marks a significant milestone in our journey to reduce fuel consumption and carbon footprint. Our patented technology and strategic investments reflect our dedication to revolutionizing the clean-tech landscape and addressing pressing challenges in the automotive and industrial sectors.”

Mr. Karunjit Kumar Dhir, Co-Founder of Saarthi GreenTech expressed his gratitude to the InvestmentNSW & the government of Australia for being very encouraging & helpful in enabling them to forge this Australia-India collaboration. He also mentioned, “Our world needs practically feasible energy transition solutions today that can accelerate the decarbonization journey for the industries and world economies, thereby reducing our carbon footprint rapidly. We can neither replace the fossil-fuel based vehicles currently running on roads overnight nor wait for years for greener alternatives that are affordable, and therefore Saarthi GreenTech is our little personal endeavor in this direction to solve this challenge today.”

Saarthi GreenTech is India’s first homegrown manufacturing company decarbonizing and solving the challenge of accelerating the transition of commercial automotive industry from diesel to hydrogen-based hybrid.

Saarthi Greentech’s robust research and development infrasucture across India & Australia, coupled with strategic customer outreach initiatives, is revolutionizing the hydrogen economy piece in the overall clean-tech landscape. With it’s India headquarters based in Pune & Australia Head Office in Sydney (NSW), Saarthi Greentech is pioneering in revolutionizing the need for decarbonization in the automotive, mining, construction, marine, power generation, and industrial sectors.

WHAT HI-FI? SHOW 2024 IS BACK IN MUMBAI FROM MARCH 14-16 (10 AM TO 6 PM) AT THE ST.REGIS MUMBAI

It’s time for this year’s must-see-&-hear show!!!

This is for all those interested in cutting-edge home theater and audio systems  which translates into almost everyone who has their own personal space to enjoy  music-filled days and movie nights.

WHAT HI-FI? SHOW 2024 presented by PTC, powered by BenQ, 741 and Genelec, is  all set to welcome audiophiles, technophiles and gadget enthusiasts this week at the  St.Regis Mumbai, from March 14 (Thursday) to March 16 (Saturday). As always, the  WHAT HI-FI? SHOW will be packed with exotic audio, cutting-edge home-theatres  and even the best of accessories and AV furniture.

“For the 14th edition of India’s premier home-entertainment expo, the WHAT HI-FI?  SHOW is doubling down on custom-install and specialised home-theatre products  that provide solutions for modern luxury homes. It’s the only show of its kind to bring  together the latest in laser projectors, Dolby Atmos speaker systems, high-end audio,  turntables and a lot more,” discloses Nishant Padhiar Editor – What Hi-Fi?(India).

Apart from throwing light on the latest innovations in home theatre and audio  systems, the highlights of this iconic show will include:

● Launch of BenQ’s latest and greatest 4K Home Cinema Laser Projector – the  W5800.

● Experience the ultimate Bowers & Wilkins’ 800 Signature Series Exclusive.

● Transform any space with the Music System Home Gen 2 speaker from Tivoli  Audio.

● Step onto the stage with the new range of 741 speakers.

Other brands at the show include – Genelec, Borresen, Aavik, Ansuz, Optoma, Bang &  Olufsen, Sennheiser, Bose, Edifier, Recliners India, Marantz, Epson, Panara, Nedis,  Formovie, JMGO, Dangvie, Vividstorm, Tivoli Audio, Audio Pro, Pen Workers, KEF,  Denon, Polk, Lumina Screens, Osaki Speakers and more. For the full list of brands,  visit – www.whathifi.in/index.html

WHAT HI-FI? SHOW will have more than 50 of the finest audio and video brands in  the world, making it the ideal one-stop shop for those looking to outfit new  apartments with automation or a home-theatre system.

“Of course, emphasis on great sound and picture has always been the core of the  brand; and this is an exhibition where some of the finest audio/video products in the  world can be experienced at their full potential. Whether your budget is under a lakh  or over a crore, the WHAT HI-FI? SHOW lets you browse and choose the home cinema system of your dreams and also connect with the experts that can bring it to  life!” adds Nishant Padhiar, editor – What Hi-Fi? (India).

The What Hi-Fi? Show has been a fixture in the high-end home AV systems industry  for years, attracting an increasing number of home-theatre professionals, system  integrators, and enthusiasts.

14th convocation ceremony of PIBM held at Pune

 Today’s generation will have an opportunity to witness the transformational journey of Bharat becoming a developed country by 2047. Today’s young  generation should become innovators , risk takers and come up with their own enterprises and startups and contribute in this transition opined Shri.Ramesh Bais, Hon.Governor of  Maharashtra . He was speaking at the 14th convocation ceremony of Pune Institute of Business Management (PIBM)  at it’s Pirangut campus .

Chief Guest Shri.Ramesh Bais,Hon. Governor  of Maharashtra, Dr.Bhimaraya Metri, Director, IIM Nagpur , Raman Preet , Chairman PIBM, Dr.Bharat Bhushan Singh, Director PIBM , D.S Sachdeva, CEO and Executive Director Weikfield foods Pvt ltd were present on the occasion .

The second half of the convocation was graced by Shri.Subhas Sarkar, Minister of State for Education of India( through video address ) , Angelo George, CEO Bisleri International and  Mr.Prasad Wagh, Managing Director, Jafa Group

Mrs.Harshada Sharma , Controller of Examinations administered the convocation pledge to the students . The top performing students were given medals at the hands of the Chief Guest .

Shri. Ramesh Bais, Hon.Governor of Maharashtra said that students will have an opportunity to see India transition into developed country by 2047 and will have an opportunity to contribute to the progress of the country. Earlier students used to go abroad with good packages . But now the situation is changing In reality reverse migration has started . The country’s recent successes like Chandrayan, G20 , success in Asian Games has given our country  confidence .The G20 success has changed the way the world looks at us and will benefit us. How much benefit we take from this will depend on how we can create opportunities for our people.

I would appeal students to become risk takers and Innovators and create their own enterprises and startups.
The National Education Policy  will help students unlock a lot of potential and benefit the students to the last mile .

Raman Preet , Chairman Pune Institute of Business Management ( PIBM ) said that our vision is to contribute to make our state fully skilled . He added that students should take responsibility of their own future to reach their destiny.  Attitude, positive thinking  plays a major role in achieving the goals and success apart from talent and skills .

Dr.Bhimaraya Metri, Director, IIM Nagpur , said that when it comes to corporate world, the journey and boundaries are different . This is an important juncture as India is moving towards global leadership . The students will now step out  into a dynamic, fluid and disruptive world . But every disruption brings lot of opportunities. Describing five mantras he added that,  In such a situation,  students should be first to adopt new technologies, dream big, live with Indian Ethos , be a disruptor instead of becoming disruptor and become a developer instead of consumer of tech  and always be able to work in a discomfort zone to deliver best results .

Chamberlain Group Unveils Pune Innovation Center for Advancing Smart Access Solutions

Chamberlain Group (CG), a global leader in smart access solutions and Blackstone portfolio company, is proud to announce the opening of its newest Engineering hub, the Chamberlain Group Pune Innovation Center (CPIC). CG’s innovative IoT products include garage door openers, gate operators, commercial door openers, and dock-level openers – powered by its myQ technology.

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CPIC will be the company’s second largest Engineering development center, currently located within a 10,000 sq. feet space at the Amar Tech Centre, a new state-of-the-art facility within Pune’s Viman Nagar IT hub. There are already 50 engineers on board, with plans to have 150 engineers with expertise that covers Java, Middleware, Embedded Firmware & Hardware, web and mobile development, data engineering, cloud and DevOps, generative AI, and QE –in the next two years. CG’s decision to set up CPIC in Pune, India, aligns with its broader vision to augment its team’s advanced digital engineering skills, as it transforms from a hardware company to a software-focused, IoT leader.

“We’ve been innovating new hardware products for over 50 years, and now we’re shifting to also be a leader in SaaS, with our myQ Ecosystem at the core,” said Dan Phillips, Chief Technology Officer at Chamberlain Group. “This new Innovation Center will play a major role in our transformation and our goal of achieving engineering excellence.”

CG partnered with R Systems, a Blackstone portfolio company and global leader in digital product engineering, to help on this journey.

 “As Chamberlain’s preferred partner, R Systems is committed to bringing the right blend of skills and cultural alignment to this strategic collaboration. We look forward to contributing our digital engineering expertise and talent nurturing acumen to Chamberlain Group’s vision of shaping the future of smart access solutions” said Nitesh Bansal, CEO and MD, R Systems

International Limited.

R Systems has taken the responsibility of hiring, training, deploying, and transitioning talent for CPIC. R Systems’ deep engineering and domain expertise, leadership commitment and their demonstrated ability to build culturally aligned teams were key differentiators that led to CG’s decision to select R Systems as their preferred partner.

Jignesh Shah, Head – India Operations, Chamberlain Group, said, “The opening of CPIC, signifies a pivotal moment in our pursuit of innovation and global excellence in smart access solutions. India is one of the largest talent pools of diverse and skilled engineers for Chamberlain Group and together, we aim to redefine industry standards and bring cutting-edge technology to the forefront.”

PVR INOX LAUNCHES THE FIRST MEGAPLEX IN PUNE FEATURING THE FIRST KIDDLES AND MX4D CINEMA FORMATS IN THE CITY

PVR INOX, the largest and the most premium cinema exhibitor in India has today announced the opening of its first Megaplex featuring the first KIDDLES and MX4D auditoriums in Pune at Phoenix Mall of the Millennium, Wakad. The 14 screen Megaplex sets a new benchmark of entertainment in the city with 4 multiple cinema formats including INSIGNIA, IMAX, MX4D and KIDDLES located in the same venue.

The new cinema will augment PVR INOX foothold in Pune with 64 screens in 10 cinemas and in the state of Maharashtra with 271 screens in 55 cinemas.  The company consolidate its presence in West India to a total of361 screens in 79 properties.

Strategically located on the Pune-Bengaluru highway at Shankar Kalat Nagar in one of the most premium malls in Pune, the property has a seating capacity of 2199 audiences. It is the first cinema in the city featuring a colossal 14 screens, including 2 INSIGNIA, 1 IMAX, 1 MX4D, 1 KIDDLES and 9 Premiere auditoriums with last row celebrity recliners. The cinema is equipped with the best-in-class theatrical solutions with 4K Laser projectors in all auditoriums, advanced Dolby Atmos audio and Volfoni 3D screens.

Megaplex presents an extensive cinematic extravaganza with multiple cinema formats offering diverse movie experiences all under one roof. While INSIGNIA, the ultra-luxurious cinema format embodies the pinnacle of luxury with plush leather recliner seats with micro adjustable neck rests, gourmet food, with a butler-on-call, IMAX provides the world’s most immersive movie experience. MX4D® revolutionizes the 4D cinema experience with motion and effects built into the seats and theatre walls generating sensations like jolts, pokes, wind, water and scents perfectly synchronized with the movie. KIDDLES, an enchanting cinema format is an entertainment paradise for children with dedicated play area and age-appropriate content.

Commenting on the announcement, Mr. Ajay Bijli, Managing Director, PVR INOX Limited, said, “We are delighted to announce the opening of our biggest Megaplex in Pune featuring the first KIDDLES and MX4D formats in the city. With cinemas becoming the preferred out-of-home entertainment destinations in India, we are experiencing a growing demand for luxury cinema experiences from movie connoisseurs. Expanding our cinema presence in the second largest city of Maharashtra holds a lot of significance for us, which has seen spectacular economic growth in recent years. We are confident that this new cinema will become the must-visit cinema destination for movie going audiences of Pune and neighboring cities.”

The INOX Megaplex is an epitome of luxury with a ravishing design and a mesmerizing color theme of Aqua Blue, Dark Red and Green colors used for a contemporary and classic design. Adding to the aesthetics, INSIGNIA embodies the pinnacle of luxury creating an unmatched movie viewing experience with a separate entrance leading to its lounge with live counter, seating and screens. Additionally, KIDDLES auditorium with a lounge is specially designed in the aquatic under sea theme for a lively environment for kids.

“Our Megaplex located in one of the best retail destinations in Wakad promises to offer an unparalleled movie going experience to cinephiles. It would allow cinemagoers to enjoy cherry picked cinema formats under one roof catering to their tastes and preferences. This marks a transformative shift in Pune’s entertainment scene with bespoke hospitality making it the most sought after out-of-home entertainment destination for the people of Wakad and neighbouring cities on account of its strategic location. We look forward to welcoming our patrons in the most technology advanced cinema in Pune”, said Mr. Sanjeev Kumar Bijli, Executive Director, PVR INOX Limited.

KONE India Delivers First Escalator from its State-of-the-art Manufacturing Facility

KONE Elevators India, a fully owned subsidiary of KONE Corporation, is proud to announce the successful delivery of its first escalator from its state-of-the-art manufacturing facility in India. The move underscores KONE’s commitment to the ‘Make in India’ movement and its endeavor to deliver world-class solutions from its manufacturing unit in India.

Having delivered the first escalator, KONE India intends to build on the momentum by delivering customized product range that is with world class quality standards. In order to do so, the firm is eager to leverage its Indian manufacturing unit, which is India and Southeast Asia’s largest elevator manufacturing facility. 

On the occasion, Mr. Amit Gossain, Managing Director of KONE India said, “We are delighted to announce the successful delivery of our first escalator from our world class manufacturing facility in India. This achievement reflects our ongoing commitment to the ‘Make in India’ initiative and our resolve to continually provide innovative solutions that meet the evolving needs of our customers. We are grateful for the trust and support from F5 Realtors – one of the leading real-estate companies in Pune, this partnership has been instrumental in shaping a new design and functionality of our products. With the delivery of the 1st Escalator, we are confident that we would be able to offer a world-class product range that aligns with our commitment to delivering quality, safety and reliability”.

KONE India’s delivery of its first set of escalators and the recent launch of its Test Tower in Sriperumbudur, Chennai marks significant milestones in the company’s substantial investment in India’s vertical transportation manufacturing sector. By leveraging advanced technology and employing skilled local talent, KONE aims to continue offering innovative and premium world class full range of elevators and escalators that cater to the diverse needs of its customers.

Interactive session on business opportunities in West and Central Africa held in Pune

Federation of Indian Chamber of Commerce and Industry ( FICCI ) in association with industrial development company – ARISE Integrated Industrial platforms (IIP)  today organized an ‘Interactive session on business opportunities in West and Central Africa’ at Pride Hotel in Pune  . Mr. Reetabrata Bhattacharya , General Manager Arise IIP , Mr. Nagesh Rane, Marketing Head Arise IIP,  Mr. Manis Thanawalla, Director Greenback Advisory Services Pvt led and  Mr. Deepak Mukhi, Director FICCI Maharashtra State Council were present on the occassion . 

Nagesh Rane said that our main motto is attract exporters to come and set up their businesses in Africa. Post-covid the evolving geo- political situation presents Africa with lot of economic opportunities. The SEZ perks presents a lot of tax benefits, duties and subsidies apart from lesser transit times to western countries and freight cost. Availability of abundant raw material in some core sectors like agro processing coupled with skill training centers specially designed for product and sector presents a huge advantage. It has an impact on profit margin. Arise is present in countries with stable political environment .We have more than 10 parks all led by Indians as cluster heads adding to the convenience. Logistics including roads, ports and airports along with safety is aiding overall growth.

Manis Thanawalla, Director Greenback Advisory Services Pvt led gave a presentation of financing in Africa. He talkes about finacing for machinery, term loans,ECA funding ,working capital, warehouse financing etc and the challenges around these.

In his welcome address Mr. Deepak Mukhi, Director FICCI Maharashtra State Council said that the aim of the event was to make aware of the opportunities in SEZs and economic zones, financing options across 10 countries. India has emerged as one of the foremost inbound investment center for Africa partly fuelled by the push from the Indian Government to diversify the baskets after seeing the western economies face challenges. Africa is attracting investments in certain core sectors not only because of export potential about also domestic consumption. These core sectors include agro processing, automobiles, fertilizers and chemicals, electronics, packaging, construction material, timber, packaging, recycling industry, pharma, plastics, computer assembly and in recent times Electric Vehicles. FICCI has been leading a lot of these initiatives focused around trade activities. This is our effort to deepen trade partnership between India and Africa and supplement the efforts of the government by bringing these opportunities to the fore.