Tag: Business

  • Clastek Engineering Limited Filed DRHP With NSE Emerge

    Mumbai (Maharashtra) [India], October 3: Clastek Engineering Limited, a Sriperumbudur-based integrated mould-to-component engineering company manufacturing injection moulds, moulded components and fixtures for the automobile, medical equipment, consumer durables and Electronics Manufacturing Services (EMS) industries, has filed its Draft Red Herring Prospectus with the Emerge Platform of the National Stock Exchange of India Limited (NSE Emerge) in preparation for its Initial Public Offering (IPO).

    The IPO will comprise a Fresh Issue of up to 55,00,000 equity shares with a face value of ₹ 10 each, with no Offer for Sale component. The equity shares are proposed to be listed on the EMERGE Platform of the National Stock Exchange of India Limited.

    The company’s objective is Expansion of its existing manufacturing facility at K-22 (2), SIPCOT Industrial Park, Mambakkam Village, Sriperumbudur, Tamil Nadu, Capital Expansion, Repayment or prepayment, in full or in part, of certain borrowings availed by the Company, Funding working capital requirements, and for general corporate purposes.

    The Book Running Lead Manager to the Issue is GYR Capital Advisors Private Limited & Cameo Corporate Services Limited is the Registrar to the Issue.

    About Clastek Engineering Limited

    Incorporated in 2008, Clastek Engineering Limited manufactures injection moulds, moulded components and fixtures from its facility at SIPCOT Industrial Park, Sriperumbudur, Tamil Nadu. The company builds moulds for customer product designs with in-house mould design, manufacturing and proving to customer-specific requirements at par with Global standards, carrying them through the mass production of finished components. In 2024, Clastek diversified into fixtures for the EMS industry, alongside assembly fixtures and tools, and also provides preventive and breakdown services for fixtures and tools.

    The company’s products include automotive and farm equipment interior and exterior precision aesthetic components such as console and storage tray, sun visor twin-shell, door trim parts, tractor instrument panels, shrouds, radiator grills and A-pillars, medical device housings and home appliances components, with the capability to manufacture large-dimension moulds of up to 2100 x 1600 mm. It holds ISO 9001:2015 and IATF 16949 certifications for the manufacture of injection-moulded components, and has exported both moulds and moulded components to the USA, Germany, and Hungary since 2019 and to Brazil since 2020.

    The company operates from an approximately 3-acre site leased from SIPCOT, of which around 2 acres is available for expansion, and runs 24×7 operations on a three-shift system with 175 permanent employees, including 142 engineers and technicians, as of May 31, 2026. As of the date of the DRHP, its Order Book stood at ₹ 3,188.95 Lakhs across 37 customer orders.

    For the period ended 31st March 2026, the company reported Revenue from Operations of ₹ 6,907.12 Lakhs, EBITDA of ₹ 1,694.60 Lakhs & PAT of ₹ 1,038.80 Lakhs.

  • Hettich Strengthens Its Experiential Footprint in Chennai with the Launch of Its Second Exclusive (HeX) Store

    Hettich Strengthens Its Experiential Footprint in Chennai with the Launch of Its Second Exclusive (HeX) Store

    Chennai (Tamil Nadu) [India], October 3: Hettich proudly announces the grand opening of its second Hettich Exclusive (HeX) store in Chennai, further expanding its experiential footprint in South India. The new store deepens the brand’s growing touchpoints across the city, bringing the magic of immersive, hands-on interior experiences closer to customers, wherever they are.

    With this addition, Hettich now offers customers touchpoints across South Chennai’s IT corridor, the city’s central business district, and its old cultural core; ensuring that no matter which part of the city they call home, an immersive Hettich experience is never far away.

    Designed to offer a seamless, solution-oriented journey, the new HeX store showcases curated walk-throughs of modern living spaces featuring solutions fitted with premium German fittings, architectural door hardware, linear drawer system, furniture lighting, and built-in kitchen appliances. Customers can also enjoy complimentary design consultation services, where expert designers assist in visualising and creating personalised furniture concepts tailored to individual lifestyles.

    Complementing the two HeX stores, Hettich’s Experience Centre in Chennai continues to provide both customers and industry professionals with deeper inspiration and an opportunity to explore the brand’s latest German-engineered innovations up close.

    Commenting on the launch, Mr. Rahul Thakkar, Director – Sales, Hettich India, said: “Chennai is a dynamic city with a discerning customer base that values quality, design, and innovation. With this second Hettich Exclusive store, we are weaving a stronger web of experiential touchpoints across the city, bringing us one step closer to our customers and expanding opportunities for them to discover and shop our award-winning, German-engineered interior solutions. Chennai’s unique blend of tradition and modernity aligns perfectly with Hettich’s commitment to crafting innovative, functional and truly magical spaces.”

    This HeX store in Chennai is part of Hettich’s strategic plan to open multiple HeX stores across India this year, strengthening its experiential ecosystem alongside Experience Centres nationwide. Each solution from Hettich is designed to be smart, durable, and tailored for evolving lifestyles.

    Step into HeX Chennai at Hettich Exclusive – Mamre, Plot no.15&16, Kubera Nagar North, Inner Ring Road, Velachery, Chennai 600042
     Contact number: 98400 39966

    About Hettich:

    Hettich is a 138-year-old family-owned German lifestyle brand, being one of the world’s largest manufacturers of Furniture Fittings with a global turnover exceeding 1.5 billion euros. In India, Hettich started operations at the dawn of the new millennium and within a short span of time gained an undisputed leadership position in the Indian furniture fittings industry. This year, the company celebrates 25 years of its operation in India, with the theme of ‘Built to Lead’, a powerful articulation of the journey and leadership mindset shaping its future.

    Hettich’s product portfolio comprises a repertoire of Furniture Fittings, Architectural Hardware, Blaupunkt Built-in Appliances and Furniture Lights, providing magical interior solutions for all residential and commercial spaces.

    It is the recipient of ET Edge ‘Best Brands’ (2022 – 2025), ‘Most Preferred Brand’ 2025 and ‘Most Trusted Brands of India’ (2023 – 2027) by Marksmen Daily recognitions for its unwavering customer trust and strong brand equity. Hettich India has also been recognised among the Top 50 India’s Best Workplaces™ in Manufacturing (Large Category).

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  • From Eco-Friendly Bags to Sustainable Gift Hampers: How Urban Rivington by Meet Shah Is Redefining Sustainable Gifting in India

    From Eco-Friendly Bags to Sustainable Gift Hampers: How Urban Rivington by Meet Shah Is Redefining Sustainable Gifting in India

    New Delhi [India], October 3: In a market flooded with disposable packaging, a growing brand from Ahmedabad, Gujarat, is making a simple yet meaningful shift: what if the packaging of a gift could be just as valuable as the gift itself?

    Urban Rivington, a sustainable bag manufacturer and wholesaler specializing in jute, canvas, cotton, and juco products, is addressing one of the most overlooked aspects of gifting – what happens to the packaging after the occasion is over?

    Over the years, the brand has been expanding its presence in the reusable bag industry, bringing together functionality, customization, and sustainability. From everyday shopping bags to premium corporate gifting solutions, Urban Rivington is reimagining how businesses and individuals approach sustainable packaging.

    Rethinking the Way India Gifts

    Gift hampers have always been an integral part of Indian celebrations, corporate relationships, festivals, and special occasions. However, traditional hamper packaging often follows a familiar pattern: attractive boxes, plastic baskets, laminated packaging, and decorative materials that are discarded shortly after the gift is opened.

    Urban Rivington is challenging this conventional approach by introducing reusable bags that become an integral part of the gift rather than disposable packaging.

    Its jute, canvas, and juco hamper bags are designed to serve a purpose long after the occasion has passed. Whether used for shopping, storage, travel, or everyday errands, these bags offer recipients something they can continue using.

    The idea is simple: the packaging should not end with the unwrapping. It should become another useful gift.

    From Everyday Bags to Premium Gifting Solutions

    Urban Rivington’s journey has evolved alongside the growing demand for sustainable alternatives across India’s retail and corporate sectors.

    Initially focused on reusable bags for everyday requirements, the brand gradually expanded into customized solutions for businesses, events, and gifting occasions.

    A showcase of Urban Rivington’s diverse sustainable bag collection, featuring customized designs and branding.

    Today, its product range includes:

    • Jute Gift Hamper Bags
    • Transparent Window Hamper Bags for elegant product visibility
    • Bottle Gift Bags
    • Canvas Gift Bags
    • Juco Gifting Bags
    • Customized Corporate Hampers with logo printing
    • Festival and Event Packaging Solutions
    • Customized Shopping and Promotional Bags

    What makes these solutions particularly relevant for businesses is their flexibility. Bags can be customized in different sizes, designs, colours, and prints, including company logos, campaign artwork, and personalized messages.

    This allows brands to create packaging that reflects their identity while encouraging recipients to reuse the product.

    Why Sustainable Hampers Are Becoming a Preferred Choice

    The growing interest in sustainable gifting is driven by three important factors:

    1. Sustainability

    Reusable bags provide an alternative to single-use packaging, helping reduce dependence on disposable materials. Their continued usability makes them a practical choice for environmentally conscious consumers and businesses.

    2. Functionality Beyond Gifting

    Unlike conventional packaging that often loses its purpose once the gift is opened, jute, canvas, and juco bags can be reused for shopping, travel, storage, and everyday activities.

    3. Extended Brand Visibility

    For corporate buyers, customized gifting bags offer an additional advantage. A branded bag can travel with its recipient, creating repeated brand impressions long after the original gifting occasion.

    This makes customized sustainable bags particularly suitable for employee welcome kits, festive hampers, wedding favours, corporate events, promotional campaigns, and premium retail packaging.

    When a Corporate Gifting Bag Travels Across the World: A 361 Degrees Marketing Case Study

    One of the interesting examples of Urban Rivington’s customized bag solutions comes from 361 Degrees Marketing, a customer that partnered with the brand for its corporate gifting requirements.

    The bags were customized with campaign-related printing, transforming an everyday reusable product into a branded gifting experience.

    What made the campaign particularly memorable was what happened afterwards.

    Some recipients shared photographs of the customized bags while travelling internationally, including destinations such as France and New York, along with several other locations across the world.

    What started as a corporate gifting initiative in India gradually became a journey of brand visibility across international destinations.

    For 361 Degrees Marketing, this demonstrated how thoughtfully designed reusable merchandise can extend a campaign’s presence beyond its original audience and geography.

    For Urban Rivington, it reflected the practical value of customized bags – a product designed for gifting can continue communicating a brand’s identity through everyday use and travel.

    This is where sustainable gifting goes beyond packaging. It becomes a medium for storytelling, engagement, and lasting brand recall.

    Part of a Bigger Shift Towards Responsible Gifting

    Urban Rivington’s growth reflects a broader change in how consumers and businesses approach purchasing decisions.

    Sustainability is increasingly becoming part of conversations around product design, packaging, corporate responsibility, and brand identity.

    Businesses are looking beyond conventional promotional merchandise and exploring products that combine utility with responsible consumption.

    In this changing landscape, reusable jute, canvas, cotton, and juco bags offer a practical solution of bringing together sustainable alternatives, customization, affordability, and everyday functionality.

    As Gujarat’s and other Indian markets continue to witness interest in eco-conscious gifting and promotional products, Urban Rivington is positioning itself within this evolving space.

    The Man Behind the Mission

    At the centre of Urban Rivington is its founder, Meet V. Shah, an MBA in Marketing with over 5+ years of experience in the manufacturing and distribution of reusable bags.

    Left: Meet Shah, Founder of Urban Rivington, Ahmedabad. Right: Urban Rivington’s Store, Ahmedabad.

    His entrepreneurial approach is built around a simple belief: business growth and environmental responsibility can go hand in hand.

    Rather than treating sustainability as a passing trend or a premium positioning, Shah aims to make reusable alternatives accessible, affordable, and practical for everyday use.

    This philosophy has influenced Urban Rivington’s evolution from everyday reusable bags to customized corporate gifting and sustainable hamper solutions.

    For Shah, the objective is not simply to manufacture eco-friendly products but to create products that people genuinely want to use repeatedly.

    Because ultimately, the impact of a sustainable product lies not just in how it is made, but in how long it continues to serve a purpose.

    And with Urban Rivington, the vision is clear: to make every bag more than just packaging: a reusable product that carries value, purpose, and a story.

    Urban Rivington is based in Ahmedabad, Gujarat. To explore its range of sustainable bags and customized gifting solutions, visit urbanrivington.com or follow @urban_rivington on Instagram.

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  • Air India Express Adds Riyadh, Bahrain Flights to Thiruvananthapuram’s Gulf Network

    Air India Express Adds Riyadh, Bahrain Flights to Thiruvananthapuram’s Gulf Network

    The expansion begins October 27, with bookings open for three weekly services to Riyadh and two to Bahrain.

    Thiruvananthapuram (Kerala) [India], October 3: Air India Express will expand its Gulf network from Kerala’s capital with direct services to Riyadh and Bahrain, under an announced rollout beginning October 27, 2026. Bookings for both routes are open, Thiruvananthapuram International Airport said in a statement on Saturday.

    Flights to Riyadh will operate on Tuesdays, Thursdays, and Saturdays, while the Bahrain service will run on Thursdays and Saturdays. The additions will give passengers more travel options between southern Kerala and the two Gulf destinations.

    The Riyadh connection addresses what airport authorities described as a long-standing demand for direct access to the Saudi capital. Air India Express already operates a daily service to Dammam, and the new route will widen its connections between Thiruvananthapuram and Saudi Arabia.

    Airport authorities said the Riyadh service is expected to particularly benefit expatriates from southern Kerala and neighbouring Tamil Nadu who live and work in Saudi Arabia. For passengers who would otherwise need a connecting itinerary, the direct service could remove a stopover from the journey.

    On the Bahrain route, the airline will join Gulf Air, which already operates daily flights from Thiruvananthapuram. The additional departures will give passengers another carrier to consider when comparing schedules and fares.

    The expansion is based on an existing Gulf network. As noted by the airport, Thiruvananthapuram currently sees “over 250 weekly arrivals and departures” to and from the Gulf, which is vital for the city.

    Air India Express’s booking webpage shows Thiruvananthapuram – Riyadh for travel on 27 October. Prices shown are subject to availability and may change at any time before purchase.

    PNN Business

  • Forteasia Group Powers APL Forteasia Cup 2026 as Title Sponsor; 18 Teams Kick Off Cricket Carnival in Faridabad

    Forteasia Group Powers APL Forteasia Cup 2026 as Title Sponsor; 18 Teams Kick Off Cricket Carnival in Faridabad

    Faridabad (Haryana) [India], October 3: The Agrasen Premier League (APL) Forteasia Cup 2026 officially commenced today at HR Cricket Ground, Sector 95, Faridabad, with Forteasia Group coming on board as the Title Sponsor of the high-energy community cricket tournament.

    Bringing together 18 teams, the APL Forteasia Cup 2026 is a celebration of cricket, sportsmanship, youth participation and community bonding. The opening ceremony was attended by Mr. Vipul Goyal, Cabinet Minister, Haryana, and Mr. Rajesh Nagar, Minister of State, Haryana, along with prominent dignitaries, community members and guests.

    Presented by Aggarwal Vaish Pariwar, Greater Faridabad, and Akhil Bhartiya Agarwal Sangathan, the tournament is being supported by Forteasia Group as Title Sponsor—represented by the Directors of Forteasia Group Mr. Manoj Goyal, and Mr. Shiv Garg.

    Speaking on the occasion, Mr. Sandeep Mangla, Managing Director, Forteasia Group, said, “At Forteasia Group, we believe in building more than homes — we believe in building communities. The APL Forteasia Cup 2026 reflects that philosophy by bringing people together through sport, encouraging young talent and creating a strong sense of togetherness. We are proud to be the Title Sponsor of this vibrant tournament and wish all 18 teams an exciting and memorable season.”

    Forteasia Group’s association with the APL Forteasia Cup 2026 underscores its continued commitment to community development, youth engagement and grassroots sports. The tournament aims to promote teamwork, healthy competition and a spirit of unity among participants and residents alike.

    With 18 competitive teams ready to take the field, the APL Forteasia Cup 2026 promises an action-packed season of cricket and community celebration in Faridabad.

    About Forteasia Group

    Forteasia Group is a leading name in real estate and infrastructure, committed to delivering excellence and creating long-term value for communities. With a strong focus on quality, innovation and community development, the Group supports initiatives that inspire progress, empower youth and bring people together.

  • Sabari Constructions Technologies Limited Filed DRHP With NSE Emerge

    Sabari Constructions Technologies Limited Filed DRHP With NSE Emerge

    Mumbai (Maharashtra) [India], October 3: Sabari Constructions Technologies Limited, a Coimbatore-based integrated engineering, procurement and construction (EPC) and infra turnkey contracting company constructing buildings and infrastructure facilities for the healthcare, hospitality, residential, educational, railways, industrial and commercial sectors and for government projects, has filed its Draft Red Herring Prospectus with the Emerge Platform of the National Stock Exchange of India Limited (NSE Emerge) in preparation for its Initial Public Offering.

    The IPO will comprise a Fresh Issue of up to 63,00,000 equity shares with a face value of ₹ 10 each, with no Offer for Sale component. The equity shares are proposed to be listed on the EMERGE Platform of the National Stock Exchange of India Limited.

    The company’s objective is funding its working capital requirements of up to ₹ 16,004.64 Lakhs, and for general corporate purposes.

    The Book Running Lead Manager to the Issue is GYR Capital Advisors Private Limited & Purva Sharegistry (India) Private Limited is Registrar to the Issue.

    About Sabari Constructions Technologies Limited

    Originally established as the partnership firm M/s. Sree Sabari Constructions in 1998 and incorporated as a company in 2011, Sabari Constructions Technologies Limited is an EPC (design and build) and infra turnkey contractor headquartered in Coimbatore, Tamil Nadu, with a regional office in Chennai. Over two decades, the company has executed healthcare, educational and other government and private civil construction projects, and undertakes EPC projects for government entities through the tender process. Its customers include central and state government departments, metro rail corporations, public sector undertakings and private sector organisations.

    As of March 31, 2026, the company’s order book comprised 19 projects across government, private and own-developed projects, including the redevelopment of Rameswaram Railway Station through its joint venture Sabari URC JV (96.66% complete as on the date of the DRHP), the JIPMER Karaikal Hospital in Puducherry, and buildings and campus development works for the Regional Institute of Education (RIE), NCERT in Andhra Pradesh. It is also executing a construction project for a metro station, and has grown from a single state in Fiscal 2012 to a presence across states including Tamil Nadu, Telangana, Maharashtra, Andhra Pradesh, Karnataka, West Bengal, Uttar Pradesh, Assam and Delhi.

    The company also operates manufacturing units for concrete blocks and ready-mix concrete at Coimbatore and Chennai, with installed production capacities of 40,560 m³ and 47,808 m³ respectively as on March 31, 2026, supporting its own project execution as well as third-party sales

    For the period ended 31st March 2026, the company reported Revenue from Operations of ₹ 47,142.25 Lakhs, EBITDA of ₹ 9,728.64 Lakhs & PAT of ₹ 5,662.67 Lakhs.

  • Trump Rules Out US Diesel Export Ban After G7 Reserve Deal

    NEW DELHI: US President Donald Trump has ruled out a ban on diesel exports, ending weeks of uncertainty over whether the United States would restrict overseas shipments of the fuel.

    Trump made the statement on October 2, hours after the Group of Seven agreed to release oil and diesel from emergency reserves. The G7 countries also committed to avoiding energy export restrictions among partner countries.

    The issue had gained attention as diesel prices climbed and governments looked for ways to increase available fuel supplies. The Trump administration had been pressing European countries to release part of their emergency diesel stocks, with the possibility of US export restrictions being discussed if they did not act.

    That possibility is now off the table, at least for the time being.

    G7 agrees to release 100 million barrels

    The G7 said it would coordinate the release of 100 million barrels of diesel and crude oil from emergency reserves through the International Energy Agency. The exact contribution from individual countries was not immediately detailed.

    The first phase of the release is expected to give priority to diesel supplies. The move follows a much larger emergency release coordinated by the IEA earlier this year after the conflict involving Iran disrupted energy markets.

    The latest decision is aimed at increasing fuel availability as international markets deal with tight supplies and high prices.

    Europe has become an important market for US diesel, making the possibility of an American export restriction a concern for fuel buyers outside the US as well. A reduction in US shipments could have forced importing countries to find alternative supplies in an already tight market.

    Why the US was considering restrictions

    The discussion around diesel exports was driven largely by high fuel prices in the United States.

    Trump had said as recently as September 30 that discussions about restricting diesel exports were taking place. His administration had also asked European countries to draw down emergency stocks to increase supply in the market.

    An export restriction could have kept more diesel inside the US, potentially increasing domestic availability. But the measure also carried wider implications because American refineries supply diesel to overseas markets.

    The United States is a significant diesel exporter, so any major reduction in shipments would have affected buyers in Europe and other regions. Industry concerns also centred on the possibility that US refiners could adjust production if overseas sales became more difficult.

    Europe agrees to use emergency stocks

    The pressure on European countries resulted in discussions around releasing their own emergency diesel reserves.

    European governments considered a proposal under which European countries would release 50 million barrels of diesel, while IEA members would release another 50 million barrels of crude oil. The G7 subsequently announced the broader 100-million-barrel release.

    The arrangement also includes a commitment from G7 countries to refrain from restricting energy and petroleum-product exports between partner countries.

    For fuel markets, the immediate focus will now shift from the possibility of a US export ban to how quickly the additional stocks can reach the market.

    What it means for global fuel markets

    The decision removes one potential source of uncertainty for international diesel supplies. Importing countries that rely on US cargoes will not have to prepare for an immediate disruption from a US export ban.

    However, the wider supply situation remains dependent on several factors, including the pace of reserve releases, refinery output and developments affecting crude and refined-product flows.

    The IEA has already been involved in coordinating emergency releases this year. According to Reuters, members had released around two-thirds of the 400-million-barrel volume agreed in March.

    The latest G7 commitment therefore adds another supply measure rather than completely changing the underlying energy-market conditions.

    For businesses that use diesel heavily, including transport and logistics companies, the direction of fuel prices will remain important. Diesel costs feed into the movement of goods and can influence operating expenses across several industries.

    For now, however, one immediate risk has been removed. The United States will not proceed with the diesel export ban that had been under consideration, while G7 countries move ahead with a coordinated release of emergency fuel stocks.

    PNN Business

  • Servotech Marks the Beginning of a New Era at ‘Navaarambh 2026’, Celebrates Channel Partnership and Unveils Next-Generation Solar Inverters

    New Delhi [India], September 29: Servotech Renewable Power System Ltd. (NSE: SERVOTECH), India’s leading manufacturer of solar and renewable energy solutions, hosted ‘Navaarambh 2026’, a special channel partner meet and product launch event bringing together its channel partner network from across India to celebrate partnerships, recognise contributions and unveil the company’s latest innovations. Signifying a new era, Navaarambh reflected Servotech’s continued journey towards innovation, growth, and a cleaner energy future.

    The event witnessed the presence of Servotech’s Global Brand Ambassador Sonu Sood, alongside Raman Bhatia, Managing Director, Servotech, and Sarika Bhatia, Director, Sales, Servotech, over 300 Channel Partners of Servotech, and other Key Management Personnel. A key highlight of the evening was the announcement of an exclusive privilege program for Servotech’s channel partners. Sonu Sood, Raman Bhatia and Sarika Bhatia presented certificates to the channel partners who became members of the privilege program on the announcement day itself, celebrating the partnerships that continue to drive Servotech’s growth.

    As part of Navaarambh 2026, Servotech unveiled three new products: Sparkle Pro IP54 Hybrid Inverter, Sparkle Elite IP65 Hybrid Inverter and Advanced Micro Grid Inverter. Designed as a new generation of advanced solar inverter solutions, these products reflect Servotech’s focus on smarter energy management, enhanced performance, and evolving customer requirements. The newly introduced products are also set to be exported to SAARC countries and the Middle East, marking a step forward in Servotech’s international expansion. These innovations further strengthen the company’s commitment to advancing cleaner, more technology-driven energy solutions.

    Sonu Sood brought added energy to the celebration, engaging with the Servotech team and its channel partners. With channel partners joining from different parts of India, Navaarambh became a platform for meaningful interactions, recognition, and a shared vision for the road ahead.

    The event marked more than a product launch; it celebrated the ecosystem behind Servotech’s growth and opened a new chapter of innovation and collaboration.

    Speaking of Navaarambh, Raman Bhatia, Founder & Managing Director, Servotech, said, “Navaarambh represents a new era for Servotech, but also a renewed commitment to the partners who have been integral to our journey. With our new-generation inverter solutions, we are taking another step towards delivering smarter, cleaner and more reliable energy solutions while growing together with our channel partner ecosystem.”

    Speaking of his experience at Navaarambh, Sonu Sood, Global Brand Ambassador of Servotech, said, “It was wonderful to be part of Navaarambh and witness the energy of the Servotech team and its channel partners. The spirit of innovation, collaboration, and growth was truly visible throughout the event, and I wish Servotech and its partners continued success as they build towards a cleaner and more sustainable future.”

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  • Kalamandir Jewellers onboards Siddharth Randeria as Brand Ambassador

    Bringing Together Two Legacies Rooted in Tradition, Trust and Timeless Connections

    Surat (Gujarat) [India], October 2: Kalamandir Jewellers, one of India’s prominent jewellery retail chains, has announced the appointment of celebrated Gujarati theatre and film personality Siddharth Randeria as its brand ambassador. The association brings together two enduring legacies — Kalamandir Jewellers’ four-decade journey in the jewellery industry and Siddharth Randeria’s remarkable contribution to Gujarati theatre and entertainment spanning more than five decades.

    Through this partnership, Kalamandir Jewellers aims to strengthen its connection with consumers across generations while celebrating the values of trust, tradition, relationships and timeless craftsmanship that have been at the heart of the brand’s journey.

    Speaking about the association, Milan Shah, Director, Kalamandir Jewellers, said, “We are delighted to welcome Siddharth Randeria to the Kalamandir family. His extraordinary journey in Gujarati theatre and entertainment, his ability to connect with audiences across generations and his deep cultural connect make this association particularly meaningful for us. Kalamandir has completed 40 years by building relationships rooted in trust, quality and transparency, and we see a strong resonance between these values and Siddharth Randeria’s journey. We look forward to creating meaningful stories and experiences together that celebrate our shared connection with people and tradition.”

    Commenting on the association, Siddharth Randeria said, “I am very happy to be associated with Kalamandir Jewellers, a brand that has built a strong legacy over four decades. Jewellery is much more than an ornament; it is connected to our celebrations, relationships, traditions and some of the most memorable moments of our lives. I see a natural connection between these values and Kalamandir’s journey. I look forward to being part of this association and celebrating the emotions and stories that make these moments truly special.”

    A renowned name in Gujarati theatre, Siddharth Randeria is an actor, writer, director, dramatist and producer. His association with theatre dates back to 1970, and his official profile states that he has been associated with more than 70 theatre productions and has crossed 12,000 live performances. Over the years, his work has built a strong connection with Gujarati audiences in India and overseas, with the Gujjubhai franchise emerging as one of the defining successes of his theatre career.

    Randeria’s contribution extends beyond theatre into Gujarati cinema, where he has been associated with films including Gujjubhai the Great, GujjuBhai – Most Wanted and Chaal Jeevi Laiye!. His official production platform describes Gujjubhai as a theatre brand that developed a strong mass cultural connect and subsequently expanded into cinema.

    The association comes at an important milestone for Kalamandir Jewellers, which completes 40 years of its journey. Established in 1986 in Kosamba near Surat, the brand has grown from a small jewellery store into a prominent retail jewellery group. Over the years, its journey has been built around customer trust, quality, transparency and a balance of tradition and innovation. These principles continue to form an important part of Kalamandir’s brand and customer promise.

    The collaboration with Siddharth Randeria is envisioned as a celebration of shared values and generational connections. While Kalamandir Jewellers represents four decades of relationships built around jewellery and cherished occasions, Randeria brings more than five decades of storytelling and cultural connection with audiences.

    With Siddharth Randeria as its new brand ambassador, Kalamandir Jewellers enters its next chapter with a shared vision — to celebrate the timeless significance of jewellery and the stories, relationships and moments that make every piece meaningful.

  • Sejal Group Chairman Mr. Amrrut Shavajibhai Gada Conferred with Atal Udyog Award for Entrepreneurship 2026

    Mr. Amrrut Shavajibhai Gada, Chairman, Sejal Group, was felicitated with the Atal Udyog Award for Entrepreneurship 2026 at Pradhanmantri Sangrahalaya, New Delhi.

    Mumbai (Maharashtra) [India], October 2: Mr. Amrrut Shavajibhai Gada, Chairman, Sejal Group, has been honoured with the Atal Udyog Award for Entrepreneurship – 2026 by the Atal Foundation. The prestigious recognition was conferred in the Entrepreneurship category for his visionary leadership, entrepreneurial excellence and meritorious service to the nation.

    The award ceremony was held at the Pradhanmantri Sangrahalaya, Teen Murti, New Delhi – 110011 on 19th September 2026. Mr. Gada was felicitated with a trophy and a formal Citation of Honour by the Selection Committee of the Atal Foundation.

    The Atal Udyog Award celebrates distinguished entrepreneurs who have demonstrated innovation, resilience, and commitment to building enterprises that contribute to India’s economic growth and social development.

    Under the dynamic leadership of Mr. Amrrut Shavajibhai Gada, Sejal Group has established a strong reputation for integrity, quality, and customer-centric growth. His entrepreneurial journey is an inspiring example of how vision coupled with perseverance can create sustainable businesses and generate meaningful impact.

    On receiving the award, Mr. Amrrut Shavajibhai Gada, Chairman, Sejal Group, said: “I am deeply honoured and humbled to receive the Atal Udyog Award for Entrepreneurship – 2026. This honour is not mine alone – it belongs to every member of the Sejal Group family, our dedicated employees, our trusted partners, and our valued customers. I believe true entrepreneurship is about creating value for society and empowering others. I dedicate this recognition to the spirit of Indian entrepreneurship and to the youth who dream of building a self-reliant India.”

    The management and team of Sejal Group congratulated Mr. Gada on this well-deserved recognition.

    About Sejal Group

    Sejal Group is a Mumbai-based enterprise led by Chairman Mr. Amrrut Shavajibhai Gada. The Group is committed to excellence, ethical business practices, and sustainable growth while contributing to industry development and community welfare.

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