Archives August 2023

AVPL Launches Drone Pilot Training Program in Gurgaon with its DGCA-Compliant Subsidiary, RPTO SPH Aviation

AVPL Launches

Gurgaon, 24th August 2023 – AVPL, a prominent player in agri training, overseas placements, and working progressively towards the pesticide spray drone with ease of use for farming industry, has taken a significant stride towards the future by commencing its drone pilot training program in Gurgaon. The training initiative, carried out through its DGCA-complaint RPTO (Remote Pilot Training Organisation) Subsidiary , SPH Aviation(Product of AVPL), promises to cultivate skilled drone pilots and contribute to the evolution of the drone industry in the Agriculture Industry of India.

“The drone industry is advancing rapidly across the world, and India, with its favorable regulations in this area, has the potential to be a key player in the various domains . We at AVPL are proud to lead the training of skilled drone pilots, and we hope to create a set of highly-skilled professionals who can contribute to the growth of the agriculture Industry of the country by infusing the new age tech solutions to the farming ecosystem ,” said Preet Sandhuu, Managing Director, AVPL.

AVPL’s foray into drone pilot training comes at a time when the utilization of unmanned aerial vehicles (UAVs) is rapidly expanding across various sectors, including agriculture, surveillance, disaster management, and more. Recognising the pressing need for proficient drone pilots who can operate these sophisticated machines safely and efficiently, AVPL has stepped forward to bridge the gap in the industry by offering comprehensive training programs to improvise the agriculture ecosystem of the Country . Our main intend to improve the farming industry to increase the productivity and the income of the individual farmer.

Highlights of the Drone Pilot Training Program:

Location: The training program is conveniently situated at a prime location in the heart of Gurgaon. This strategic choice provides trainees with easy accessibility and exposure to a dynamic urban environment, preparing them for real-world scenarios.

DGCA-Compliant RPTO , subsidiary SPH Aviation: Our compliances ensures that the training program adheres to the guidelines set forth by the Directorate General of Civil Aviation (DGCA). This compliance guarantees a standardized curriculum and training methodology that meets industry standards.

Skilled Instructors: The program is led by experienced and certified drone instructors who possess a deep understanding of UAV technology and aviation regulations. Trainees will benefit from their expertise and insights, gaining practical skills that are crucial for safe and effective drone operations.

Comprehensive Curriculum: AVPL’s drone pilot training curriculum covers a wide range of topics, including flight operations, navigation, emergency procedures, airspace regulations, and more. The comprehensive nature of the program equips trainees with a holistic understanding of drone piloting.

Hands-On Training: Trainees will have the opportunity to engage in hands-on flight training using state-of-the-art drone equipment. This practical experience will give them the confidence required to operate drones proficiently.

AVPL’s expansion into drone pilot training is a natural progression for a company deeply committed to innovation and the advancement of technology. By providing quality training , AVPL aims to empower individuals with the skills they need to excel in the fast-growing drone industry.

Plantable Rakhi with Water Melon seeds from East-West Seed India

Plantable Rakhi with Water Melon seeds

Bangalore, 24th August 2023: In a creative and environmentally friendly twist to Rakhi Bandhan celebrations this year, East-West Seed India has introduced the innovative ‘Beej Bandhan’ campaign. Featuring rakhis embedded with seeds of the newly released novelty, colored watermelon (Orange and Yellow Munch) F1 hybrids, this campaign encourages sustainability and a connection with nature.

East-West Seed India’s beautifully crafted gift hamper includes a biodegradable rakhi shaped like a watermelon, complete with a gardening kit, Cocopeat disc, Coir Pot, and a personalized message.

Orange Munch and Yellow Munch watermelons are set to delight consumers in the specialty color flesh category. Orange Munch offers a vibrant orange hue with juicy, succulent flesh and a unique honey taste. Yellow Munch, with its distinctive yellow color and texture, stands out for its crispy sweetness. Both varieties are firm, uniformly high round, and adaptable to growth across all regions of the country.

“Beej Bandhan is more than just a rakhi; it’s a symbol of our devotion to green initiatives and sustainable living. The festival of Rakhi represents the cherished bond between siblings, and our seed rakhi, embedded with watermelon seeds, supports the East-West Seed sustainability initiatives. With the motto, ‘Why throw it when you can grow it? ,’ we hope to inspire individuals to turn this festive symbol into a living, growing testament to their love,” stated Sanjay Gahilot, Director of Marketing at East-West Seed India.

The ‘Beej Bandhan’ initiative embodies East-West Seed India’s commitment to combining tradition with innovative ecological practices, fostering a bond not just between siblings but also with the environment. It is a celebration that extends beyond the festival, germinating into a connection with nature that lasts.

East-West Seed India was awarded ‘The Best Vegetable Seed Company’ by a reputed industry platform and also won ‘The Emerging Brand of the year 2021 – Agro” in the MSME category awarded by the Hon’ble Minister of State – MSME Shri Pratap Chandra Sarangi in 2022. East-West Seed India has received recognition as a Great Place to Work.

Akzo Nobel India launches Dulux Assurance™, it’s first warranty program in India

Akzo Nobel India launches

24th August 2023, Gurugram: Today, nearly one in every two Indian consumers is prioritizing quality as the primary factor during purchase*. The latest research by Dulux shows that Indian consumers trust the brand and it’s superior quality products to keep their homes looking good year after year.

In 2021, Akzo Nobel India Limited, a leading Paints and Coatings company and maker of Dulux Paints, launched Dulux Assurance – a program assuring perfect colour, finish and coverage on select Dulux products for three months. With the aim to deliver on the core expectation of Indian paint consumers, Dulux AssuranceTM now gets bigger, bolder and more comprehensive. The new Dulux AssuranceTM launched today is AkzoNobel’s first-ever warranty program for its paint consumers in India, making it truly “A COAT OF TRUST IN EVERY STROKE.”

Homeowners across India can now enjoy a worry-free paint experience, for longer. The extensive warranty program covers 17 Dulux products across not only interior and exterior emulsions, but also the Dulux Aquatech range of waterproofing solutions. Another highlight is that the warranty coverage on applicable products goes up to 15 years**. In case of any eventuality, be it cracking, peeling or other parameters as specified in the product warranty document, Akzo Nobel India will replace the paint**.

Rajiv Rajgopal, Managing Director, Akzo Nobel India said, “The demand for paint and coatings is rapidly growing in India and the industry is expected to grow from 62,000 crore to 1 lakh crore in the next five years. While consumer demand for decorative paints continues to grow, we also know that choosing the perfect paint that gives assured results isn’t always easy. Hence, at Dulux – a brand synonymous with quality and innovation, we have launched the Dulux AssuranceTM Warranty Program. It’s our commitment to back unmatched quality with an unbeatable warranty – thus giving families the power to make confident paint choices.”

With the new Dulux Assurance, peace-of-mind is a given and so is convenience. Be it registering for the free-of-cost warranty or raising a claim in case of any eventuality, the entire process is just a click away. Consumers can get in touch with Dulux India via WhatsApp, Dulux India website or even the Dulux India official account on Facebook messenger. Upon successful validation of the claim, the replacement product e-voucher will be sent by e-mail or WhatsApp within 14 working days and is redeemable anytime within three months from the date of issue.

Rajiv Rajgopal added, “At AkzoNobel, we’re confident that the extensive research and development that goes in each can of Dulux will speak for itself and the Dulux Assurance will further act as the ultimate COAT OF TRUST in every stroke of our paint.”

* Source: My Axis August CSI survey

** Terms and Conditions apply for Dulux Assurance. Product warranty varies for different products and replacement will be as per the terms mentioned in the warranty document for respective product. For more details, visit www.dulux.in.

Adani portfolio delivers a Stellar Performance; EBITDA grows 42 percent Y-o-Y to INR 23,532 crore in Q1 FY24

The Adani Group portfolio delivered yet another outstanding performance with all-time high quarterly profit (EBITDA) of INR 23,532 crore, 42% higher year-on-year. The June quarter FY24 results compendium for its portfolio of listed companies were released today.

The core infrastructure and utility platform, which generates stable and assured cashflows, accounted for 86% of the total portfolio EBITDA and stood at INR 20,233 crore. This gives a high level of stability and multi-decadal earnings predictability and visibility. The robust profits have resulted in the portfolio gaining a very strong liquidity position. The cash balance at the end of June 2023 was INR 42,115 crore, 4.2% higher than a quarter ago.

The success of incubation story continued under Adani Enterprises. Airports, green hydrogen and other businesses under the flagship incubator saw their profits almost double year-on-year. With EBITDA of INR 1718 crore, these businesses contributed 7% to the portfolio EBITDA.

The robust portfolio performance was primarily driven by the renewable power business under Adani Green, infrastructure businesses under Adani Enterprises, and cement businesses under Adani Cement. Adani Green reported EBITDA of INR 2,200 crore, a 67% rise Y-o-Y. This was on the back of an increase in operational capacity by 43% to 8,316 MW. The adjacent cement business also showed a strong operating performance because of cost optimization and improving synergies. EBITDA per tonne increased to INR 1253 from INR 888 in June 22 quarter and INR 1079 in March 23 quarter. As a result, EBITDA of the cement business grew 54% Y-o-Y to INR 1,935 crore.

Business-wise summary

Adani Enterprises Ltd.

  • · Airports business witnessed a 27% y-o-y growth in passengers to 21.3 million.
  • · Road business constructed an additional 79.8 lane km.
  • · Solar modules volumes were up 87% to 614 MW.
  • · Data center business: 17 MW facility at Chennai is fully operational.
  • · Mining services’ production volume stood at 6.3 MMT.
  • · Volumes for Integrated Resource Management stood at 17.8 MMT.

Adani Green Energy Ltd

  • · Operational capacity increased by 43% to 8,316 MW. This included 1,750 MW of solar-wind hybrid, 212 MW of solar and 554 MW from wind power plants.
  • · Solar portfolio’s capacity utilization improved by 40 basis points Y-o-Y to 26.9%.
  • · Wind portfolio’s capacity utilization reduced 830 basis points y-o-y to 38.7%.
  • · Hybrid portfolio’s capacity utilization was at 47.2%.

Adani Energy Solutions

  • · Total transmission network increased to 19,778 circuit km on addition of 550 circuit km.
  • · Sold units increased by 7.61% y-o-y to 2,754 million units.
  • · Received letter of agreement (LOA) for three smart metering projects catering to 9 million consumers in Andhra Pradesh through 2.7 million smart meters.

Adani Gas

  • · Added seven CNG stations, taking the total to 467 now.
  • · 141 EV charging points were installed across multiple strategic locations.
  • · The total number of homes served through PNG (piped natural gas) increased by 1.24 lakh, catering to more than 7 lakh households.
  • · CNG volumes increased by 18% y-o-y on account of increased network and reduction in CNG prices.
  • · PNG volumes decreased by 6% y-o-y on lower offtake by consumers due to alternative fuel prices.

Adani Ports & SEZ

  • · Highest-ever quarterly cargo volume of 101.4 MMT, 12% higher year-on-year.
  • · Market share increased by 200 basis points in the quarter to 26%.
  • · Domestic cargo volumes recorded 8% year-on-year increase, a 3x industry growth.
  • · Concluded Myanmar asset sale and acquisition of the Karaikal Port.
  • · Concluded the tender of $130 million buyback of outstanding debt.

Adani Power

  • · Two units, totalling 1,600 MW, of the Godda ultra supercritical power plant, commissioned during the quarter.
  • · Sales increased by 7% y-o-y to 17.49 BU.
  • · Consolidated PLF for the quarter improved to 60.1% against 58.6% in the corresponding quarter last year.

Adani Wilmar

  • · Crossed 1.49 MMT volumes during the quarter, delivering a 25% Y-o-Y growth.
  • · Food and FMCG segment recorded revenues of INR 1,100 crore, a 28% Y-o-Y growth.

Adani Cement Business – Ambuja / ACC

  • · Sales volume increased 9% Q-o-Q to 15.4 MMT.

EBITDA per tonne improved 16% Q-o-Q to INR 1,253 led by business excellence in operations, cost efficiencies and synergies.

Navigating Growth and Recessions: RAI’s Retail CFO Summit 2023 Sets the Pace for the Retail Finance Landscape

RAI Retail CFO Summit 2023

Mumbai, August 23, 2023: The Retailers Association of India (RAI) hosted the ‘Retail CFO Summit 2023’ in Mumbai on August 22, 2023. This notable event attracted a plethora of retail CFOs, CEOs, and finance professionals. Central to the summit’s discussions was the theme: ‘Evolving Role of CFO: Preparing for Growth or Recession?’.

Amid unparalleled economic volatility, the CFO’s role is rapidly evolving, underscoring agility, human capital, and digital transformation. Such adaptability equips businesses to capitalise on opportunities for growth, while also preparing them for potential downturns in 2023. The ‘Retail CFO Summit’ aims to showcase best practices in retail finance, identify growth tactics, and provide a vibrant forum for industry experts to collaborate, interact, and acquire insights.

Speaking about the theme of the Retail CFO Summit 2023, Mr Kumar Rajagopalan – Chief Executive Officer, of the Retailers Association of India (RAI), said, “In these transformative times, the CFO’s role is not just about managing finances but about foreseeing the future and navigating the stormy seas of change. As the retail industry grapples with unprecedented challenges and opportunities, the 2023 CFO Summit is a beacon for finance leaders, illuminating the path toward sustainable growth amidst potential recessions. At RAI, we believe in empowering CFOs with the knowledge, tools, and networks to steer the retail sector into a prosperous future. Together, let’s redefine finance leadership and set new benchmarks for excellence in the industry”.

The summit boasted a stellar lineup of speakers, including Amit Agarwal, Group CFO of Raymond Ltd.; Anand Agarwal, CFO of V-Mart Retail Ltd.; Angshuman Bhattacharya, National Leader for Consumer Products and Retail Sector at EY India; Girdhar Chitlangia, CFO of Arvind Fashions Ltd.; Karunakaran M, CFO of Shoppers Stop Ltd; Rahul Murarka, CFO of Vedant Fashions Ltd.; and Rajesh Annamalai, CFO of Aditya Birla Fashion and Retail Ltd., to name a few.

 

Throughout the day, captivating panel discussions delved deep into various facets of the summit’s primary theme. Highlight sessions encompassed debates on pivotal topics like the CFO’s role in regulatory compliance management, striking a balance between profitability and sustainable growth, the impact of technology and digital transformation, and strategies to identify revenue leakage and prevent loss.

RAI Retail CFO Summit

Speaking about the retail industry outlook at the summit, Angshuman Bhattacharya, National Leader – Consumer Products and Retail Sector, EY India, said, “The immediate few quarters have seen some growth challenges and rising questions around a slowdown. However, this is due to two factors- a high H1 FY 23 base post-pandemic and efficiency measures taken towards pruning unprofitable segments and channels. However, three themes stand tall: millennial consumerism reflecting on categories like footwear, athletics, and casual wear which are witnessing strong growth. Second, is the tier-2 unbranded to branded being experienced by value retailers. The third is premiumization as affluent consumers spend more on discretionary categories such as watches, jewellery, and travel. These three themes are likely to continue on the growth trajectory even through the current fiscal. In the long term, this is India’s decade as per capita GDP crosses the 2500 USD inflection mark and the promise it holds for discretionary expenditure. India is the most promising retail market for the coming decade powered by digital and omnichannel models at the front and product and category innovation at the back end.”

Anand Agarwal, CFO, V-Mart, added, “We’re sitting on the cusp of a new revolution as far as India is concerned. The GDP is growing at a healthy rate and especially retail consumption is bound to grow as we see income levels rising, the savings rate getting stabilized and therefore the discretionary spend is bound to grow which obviously has to have a very strong repercussion on the overall retail consumption.”

Over the years, the Retail CFO Summit by RAI has become an important annual gathering for the retail finance fraternity to explore, engage and demystify opportunities, and reforms and share BCPs of how the industry can move towards fast and yet, sustainable growth.

Voltas opens its First Brand Store in Raigarh, 6th in the state overall

Raigarh, 23rd August 2023: Voltas Limited, India’s No. 1 AC company, from the house of Tata, launched its first brand store in Raigarh, Chhattisgarh, today. This brand store adds to the brands legacy and offers a vast range of products in store like Air Conditioners, Air Purifiers, Air Coolers, Commercial Refrigerators, Water Dispensers, Water Coolers, Refrigerators, Washing Machines, Microwaves, and Dishwashers.

With its elegant design and unique ambiance, the store aims to offer an exceptional shopping experience that captures the essence of Raigarh’s unique spirit. The Brand Store in located in Shop no 34/35, Krishna Complex, Near Dhimrapur Road, Raigarh – 496001. This brand store will be operated by Tulsi Digital, a well-known name in the Consumer Durables market in Chhattisgarh.

“We have seen exponential growth in the demand for our products in Chhattisgarh over the years. Considering this, we wanted to strengthen our retail presence. This brand store stands as a remarkable testament to the overwhelming support and loyalty of our consumers over the past decades,” said Mr. Pradeep Bakshi, Managing Director & CEO, of Voltas Limited.

The Voltas 2023 RAC product range includes overall 64 new SKUs, with 50 SKUs in Inverter ACs, 42 in Split Inverter ACs, and 8 in Window Inverter ACs, besides Cassette and Tower ACs. The Company has also strengthened its overall portfolio by introducing 60 SKUs of Commercial Refrigeration products, including a Convertible Freezer, Freezer on Wheel, and Curved Glass Freezers. The company has recently launched its new range of Air Purifiers.

Through its Home Appliances JV brand, Voltas Beko, the company aims to strengthen its portfolio in 2023 by launching a series of new products. Keeping the brand promise and commitment to stand by the ‘Make in India’ initiative, Voltas Beko has unveiled a range of home appliances with new Frost-free refrigerators and Top-load washing machines. Equipped with a 12-year warranty on AC compressors and refrigerator motors, these products are proudly indigenous with advanced features that will cater to the evolving needs of new-age customers.

Godrej Locks Revolutionizes Home Safety for Indians with Anti-Pick Technology to Prevent Burglary Attempts

Godrej Locks Revolutionizes

Bangalore, 23rd August 2023: The iconic Godrej Locks brand, a business unit of Godrej & Boyce, the flagship company of the Godrej Group, in an unwavering commitment to providing homeowners with cutting-edge safety solutions, has introduced Anti-Pick Technology across its locking solutions to thwart burglary attempts. Understanding the evolving landscape of security threats, Godrej Locks has harnessed the power of technology to create locks that offer unparalleled safety for modern homes.

As technology continues to evolve, the methods employed by criminals to gain unauthorized access to homes also advances. Recognizing the importance of constantly updating their products to meet the challenges posed by burglars, Godrej Locks has curated a comprehensive range of innovative locking solutions through seamless fusion of expert craftsmanship, precision engineering, and rigorous testing that set new benchmarks for home safety.

India’s first dual motion Centaur lock is a true testament to Godrej Locks’ unwavering dedication to safety. The Centaur lock utilizes dual-motion technology, combining horizontal and vertical latching, effectively performing the function of two locks in one. This groundbreaking design ensures double the safety, providing homeowners with enhanced protection and unparalleled peace of mind.

The Centaur lock incorporates EXS+ technology, combined with hybrid bolt motion, ensuring superior safety and crowbar resistance. The lock’s deadbolts engage with the receptacle in two steps: the first throw, like a conventional rim lock, and the second throw, projecting the bolts vertically outward like the Vertibolt mechanism, securely anchoring them in place. To provide homeowners with added flexibility, the Centaur lock’s easily reversible latch caters to both inside and outside opening doors. Additionally, the latch puller arrest function prevents accidental lockouts, ensuring convenience without compromising safety. Moreover, this lock is available in three attractive finishes – satin nickel, antique brass, and antique copper, complementing the aesthetics of any home while offering unmatched protection.

Shyam Motwani, Business Head at Godrej Locks & Architectural Fittings and Systems, said, “Our latest Centaur lock represents the culmination of extensive research, expert engineering, and meticulous testing. Its Anti-Pick Technology and hybrid bolt motion make it a formidable barrier against break-ins, setting new standards for home safety. With the rise of advanced burglary techniques, homeowners need safety solutions that can withstand even the most sophisticated break-in attempts. We understand the ever-changing landscape of security threats and strives to stay ahead of the curve by introducing advanced locking solutions. With such innovative design, homeowners can experience enhanced protection. Our campaign ‘Go Live Freely’ has been inspired from this sense of safety itself. We try to convey to our consumers that there is a certain freedom of movement, of lifestyle when one is not constantly worried about their home and its safety. That is the assurance we try to convey through each and every innovation.”

Adding on business aspect, Mr. Motwani said, “As a leading force in mechanical and traditional locks with a 33% market share, we have always prioritized design-led innovations and the seamless integration of technology to deliver exceptional safety. The market is evolving and so is Godrej Locks.”

Godrej Locks, a trusted name in the safety solutions industry, is dedicated to continuous innovation, which has solidified its position as the preferred choice for customers through its cutting-edge and advanced locking technology. The brand aims to ensure the safety and peace of mind of its valued customers with its Anti-Pick Technology and cutting-edge features, making it a formidable deterrent against burglary attempts.

Zeon Lifesciences Limited raises the bar for employee well-being with internal fitness programs

New Delhi, 23rd August 2023:– Leading healthcare pioneer, Zeon Lifesciences Limited is pleased to announce the successful launch of its invigorating internal workout sessions, which are intended to promote a culture of health and fitness within the company and prioritize employee well-being.

Yashna Garg, CMO, of Zeon Lifesciences Limited in response to the event.

A fitness trainer, Ena Gupta, is leading the company’s dynamic well-being sessions. Her experience empowers individuals to exceed their fitness goals, fostering an environment of growth.

“Employee well-being is at the core of our company’s values, and we believe that fostering a healthy and active lifestyle is crucial for the overall happiness and productivity of our employees,” says Yashna Garg, CMO, of Zeon Lifesciences Limited in response to the event.

By valuing and prioritizing employee well-being, we build a strong, cohesive, and resilient team that not only achieves business objectives but also contributes positively to society. As the CMO of Zeon Lifesciences, I am proud to be a part of an organization that places the well-being of its employees at the forefront of its values, and I am committed to continuously enhancing and expanding these efforts for the betterment of our team members.” Yashna Added

Employees sweated, grinned, and enthusiastically embraced the burn during the session, which was welcomed with great enthusiasm. Through this initiative, Zeon Lifesciences Limited intends to keep setting up frequent fitness events to give its staff members access to the best motivation and fitness advice.

The business continues to place a high focus on its dedication to the well-being of its employees. It’s commitment to designing a remarkable workplace is supported via a host of factors including -:

● Prioritizing employee well-being: Realizing the significance of a healthy workforce, Zeon Lifesciences offers comprehensive health insurance coverage for its employees. The company also puts a lot of emphasis on an employee’s mental well-being, this devotion to employee well-being echoes the organization’s culture of valuing employees like family.

● Consistent training: The Company also invests significantly in the growth and development of its employees via robust Internal and external training programs. These initiatives allow individuals to bolster their skills and knowledge, facilitating personal and professional growth.

● Fun and celebration: Zeon Lifesciences Limited thrives on promoting a dynamic and engaging work environment that values its employees’ contributions and well-being. One of the ways is by recognizing significant milestones and occasions, such as birthdays and work anniversaries. In addition to commemorating milestones, Zeon Lifesciences goes the extra mile to provide its employees with avenues for relaxation and recreation. The office premises are equipped with various indoor games like Carrom and Ludo, allowing employees to unwind and bond over friendly matches during breaks.

Furthermore, Zeon Lifesciences prioritizes efficient workflows and streamlined operations, by building effective team structures. This ensures that employees can work effectively and contribute towards the accomplishment of the organization’s objectives.

MD Desi Rockstar Videos Get Millions Of Views; Know The Producer Behind Them

Actor MD Desi Rockstar is a popular name in Haryana and his videos get millions of views. MD Desi Rockstar is not only an actor but also a director. The full name of the famous rapper MD by the name of Desi Rockstar is Manoj Dawan. Born in Gurugram, the 36-year-old MD came in contact with music director and rapper Kulbir Danoda (KD) in 2008 and the duo gave several hit songs after that. MD’s one song ‘Na barah bor ki rakhun donali na sone ki chain…’ went viral garnering more than 1.2 crore times.

Since then, MD Rockstar has given many hits garnering millions of views. While MD Desi Rockstar collaborates with many producers, one lesser-known face behind some of his successful videos is Naresh Kumar. Born in Hisar, Naresh Kumar is just 10th pass and had struggling days in his early career. He worked as a driver for over 15 years. However, one day, he decided to follow his passion for song production and collaborated with MD Desi Rockstar to produce many hits.

His songs like Benaqab have been instant hits on YouTube. His another song ‘Desi Desi’ has over 38 million views while Dora song also has millions of impression.

G Square announces massive expansion in three tier-II cities- Dindigul, Udumalpet and Tirupathur

Chennai, 23rd August, 2023 – G Square, South India’s largest plot promoter and Tamil Nadu’s No.1 Real estate developer announced their successful expansion in three tier-II cities-Dindigul, Udumalpet and Tirupathur.

The tactical move comes as a part of the real estate plot developer’s aim for swift business expansion in prominent Tier-II cities and towns, which mainly focus on establishing secured planned community projects with world-class amenities. The projects in these locations are projected to propel and upgrade the town’s infrastructural development, quality of residential living, and appreciation rate of the locality.

Dindigul, a district in Tamil Nadu is bound by Tiruppur district in the northwest, Karur district in the north, Tiruchirappalli district in the northeast, Madurai and Theni districts in the south, and Idukki district of Kerala to the west is well-known for its food and iron lock markets. While, Udumalpet in Tiruppur district maintains close proximity to Coimbatore, Palani, and Pollachi, is well-known for its textile, paper, clothing, and farming-related industries. Tirupathur district, bounded by Vellore, Dharmapuri, Tiruvannamalai, and Krishnagiri is well-known for its leather and clothing industries.

Speaking on the expansion, Mr. Bala Ramajeyam, Managing Director of G Square Realtors Private Limited said, “G Square is currently witnessing a phase of massive rapid expansion. We have already imprinted our business presence in most of the major South Indian markets such as Chennai, Coimbatore, Trichy, Hyderabad, Bengaluru, Mysuru, Ballari, Ambur and Theni. Now we would like to extend our focus on fulfilling the vision part of the organization which is to break down the walls between urban and rural standards of living. Through this move, we plan to introduce premium living standards in upcoming rural locations. Our most recent ventures into the Theni and Ambur real estate market saw great success and reception. This is when we discovered there is a huge scope of potential for this form of residential living in towns like these, which surprisingly went unexplored. We plan to capitalize on this space. Udumalpet, Dindigul, and Tirupathur are some of the most well-known tier-II Cities contributing to the state’s economy through various markets and small-scale industries such as leather, iron, silks, etc. The people here in these small towns also deserve to experience the comfort of secured community living with luxurious world-class amenities like clubhouses, drive-in theatres, helipads, etc, that are mostly provided in the living spaces of metro cities.”

G Square currently operates in cities like Chennai, Coimbatore, Trichy, Hyderabad, Mysuru, Hosur, Ballari, Ambur and Theni and has provided plots to more than 10000 customers.