Tag Chennai

India – Nov 26th, 2024: Ensuring safe travel for women remains a critical priority in India, especially for those journeying alone. From bustling metropolitan areas like Delhi, Bangalore, and Chennai to growing cities such as Bhopal and Agra, many women continue to express concerns about their safety while traveling. This is particularly evident during intercity journeys, highlighting the urgent need for transportation options that prioritize passenger security.

Recognizing this need, NueGo, a leader in the intercity bus travel sector, is placing women’s safety at the forefront of its mission. Operating across more than 150 cities in India, NueGo is revolutionizing the travel experience for women by implementing an extensive range of safety measures, including a 24/7 dedicated women’s helpline (1800 267 3366), high-definition CCTV surveillance, real-time GPS tracking, and mandatory driver Breathalyzer tests. NueGo’s staff undergo rigorous training, and its Driver Monitoring System ensures accountability and safety. Reserved seating for women is also available, featuring the PINK seat option, where female passengers are seated exclusively next to other women for added comfort. The buses offer clean and hygienic mid-point stops, supported by a 24×7 Command Control Centre, empowering women to travel with confidence.

NueGo’s marketing campaigns emphasize women’s safety, empowerment, and an enhanced guest experience. The #UnloadYourWorries campaign highlights NueGo’s dedication to addressing women’s safety concerns through its comprehensive safety measures. The ‘Breaking Barriers with NueGo’ campaign on National Girl Child Day celebrated the achievements of women coach captains and cabin hosts, challenging stereotypes in traditionally male-dominated roles. NueGo has also undertaken guest-centric campaigns, including sports collaborations with the Haryana Steelers Kabaddi team and Delhi Capitals, movie tie-ups offering travel discounts, and services like fares starting from ₹499 with food boxes on select routes—all designed to enhance the travel experience, promote gender equality, and build emotional connections with its guests.

By addressing the long-standing challenges faced by women travelers, NueGo is promoting greater mobility and independence for women across the country. As the company continues to expand its services, it sets a powerful example for the transportation industry, proving that safe and comfortable travel for women is both possible and essential for building a more inclusive society.

About NueGo

NueGo is India’s leading premium electric bus coach brand from GreenCell Mobility. A guest-centric brand, NueGo which is currently operating in 100+ cities in India, runs through 25 stringent safety checks including mechanical and electrical inspections. These electric coaches can run over 250 kilometers on a single charge, with the air conditioners on, in traffic conditions. NueGo coaches are fitted with innovative technology, and comfortable seats and offer end-to-end convenience for inter-city travelers with a focus on safety, punctuality, and seamless guest experience. NueGo has well-trained staff and offers airport-like premium lounges in selective cities. For more information, please visit: https://www.nuego.in/

Chennai, September 27, 2024 — Cisco, the worldwide leader in security and networking, has today inaugurated its first manufacturing facility in India, marking a significant milestone in its commitment to building manufacturing capabilities in the country. This state-of-the-art site will produce a range of Cisco’s best-in-class routing and switching products to meet the rapidly growing technology needs of organizations in India and around the world. With this strategic investment, Cisco aims to drive over USD $1.3 billion in revenue, broadening its diverse and resilient supply chain. The facility is also expected to create 1200 jobs in the state.

The Chennai-based manufacturing facility was inaugurated by Shri. Jyotiraditya Scindia, Minister of Communications; and Minister of Development of North Eastern Region, Government of India, along with Chuck Robbins, Chair and CEO of Cisco; Jeetu Patel, Executive Vice President and Chief Product Officer, Cisco; Dave West, President, Cisco APJC; Daisy Chittilapilly, President, Cisco India & SAARC; and state and local government officials. This opening marks an important expansion milestone in Cisco’s worldwide manufacturing footprint.

Cisco has collaborated with Flex  to successfully build the Chennai site and bring advanced telecom technology that can help connect citizens in India and globally. This is the next milestone in Cisco and Flex’s longstanding 25-year partnership to ramp up manufacturing across the globe with speed, resilience, and sustainable practices.

The facility, which will initially focus on Cisco’s Network Convergence System (NCS) 540 Series of routers, represents the first phase of the company’s multiyear investment plan. Significant innovation and technical advancements are planned in the next phase including printed circuit board assembly components with several layers; products requiring, at times, thousands of individual components; and industrial-grade products that are built to endure severe environmental conditions. With this, Cisco is broadening its technical manufacturing capabilities to enable additional customers and market segments.

“The inauguration of the Cisco’s manufacturing facility in India producing advanced telecom equipment is a testament to the country’s growing Atmanirbharta in the global technology landscape. Certain that the factory will strengthen Prime Minister Shri Narendra Modi Ji’s vision of becoming a global manufacturing hub and amplify the holistic growth of India’s telecom ecosystem,” said Shri. Jyotiraditya Scindia, Minister of Communications; and Minister of Development of North Eastern Region, Government of India.

“We congratulate Cisco on the inauguration of this state-of-the-art facility in Tamil Nadu. This facility is in line with Tamil Nadu becoming a critical hub for advanced manufacturing and technological innovation. Under the leadership of Honourable Chief Minister Thiru. MK Stalin, Tamil Nadu continues to attract world-class investments, reinforcing our position in the global supply chain, especially in electronics manufacturing. We look forward to strengthening our collaboration with Cisco as we continue to drive technological growth and industrial leadership in the region,” said Dr. T.R.B Rajaa, Minister for Industries, Government of Tamil Nadu.

“India has been an important market for Cisco for nearly three decades, and we are immensely proud of our progress and partnerships here,” said Chuck Robbins, Chair and CEO of Cisco. “The inauguration of a manufacturing facility in Chennai marks a significant advancement in our commitment to the region. This expansion not only deepens our presence in India, but also strengthens our partnerships with customers, partners, and the government. By delivering cutting-edge technology from this facility to our customers in India and across the globe, we are enhancing supply chain reliability and catalyzing innovation, both locally and globally.”

“We are proud to officially open a new manufacturing facility in Chennai, which is a pivotal step in our investments in India,” said Daisy Chittilapilly, President, Cisco India & SAARC. “This new facility strengthens our capabilities in the country to produce state-of-the-art technologies, contributing to our nation’s technological advancement and global competitiveness.’’

The new facility enhances Cisco’s manufacturing capabilities and is a step towards helping accelerate India’s transition into a leading digital economy. By diversifying supply chains, Cisco is committed to helping global organizations bolster their resilience.

Chennai, 18th September, 2024: With the onset of the festive season, Amazon.in brought extraordinary interactive experiences in the heart of Chennai from September 14th to 18th. The “Amazon Festive Box” is a larger-than-life installation that celebrates Chennai’s vibrant spirit and culture through stunning art, while giving customers a fun way to engage with Amazon’s upcoming Great Indian Festival sale. At this one-of-a-kind activation, the audience can “make a wish” and share what they would love to gift their loved ones. This initiative is a perfect blend of Chennai’s uniqueness and Amazon’s biggest annual celebration.

Amazon.in has reported significant response from consumers for the Consumer Electronics category in Tamil Nadu and Chennai ahead of the festive season. The smartphone category has seen healthy double-digit growth in customer demand, making Chennai one of the top-performing regions. Both Tamil Nadu and Chennai are experiencing robust close to 30% YoY growth in the large appliance category. Premiumization, high capacity and upgrades are on the rise, with the demand for air conditioners, large-screen TVs and side-by-side increasing YoY. Furthermore, Chennai customers have shown a preference for smartphones priced above INR 20,000, with this segment growing by over 50% YoY.

Commenting on the occasion, Ranjit Babu, Director, Consumer Electronics, Amazon.in said, “We’re excited to kick off the festive celebrations for our customers in Chennai, one of the top-performing metros for the Consumer Electronics category. As the people of Tamil Nadu shop for their favorite products during this festive season on India’s most trusted online marketplace, we are proud to witness an overwhelming response from the region. With rising demand for smartphones, large appliances, televisions, consumer electronics and personal computing, we at Amazon.in are committed to offering convenient affordability options, including no-cost EMI, bank discounts, Amazon Pay rewards, cashback, and exchange offers. These, along with a wide selection of best-in-class products from leading brands, ensure a superior shopping experience for our customers. Ahead of the festive season, we at Amazon.in are gearing up to bring the widest selection of Consumer Electronic products during India’s much-awaited Amazon Great Indian Festival 2024”

Chennai is an important market and plays a significant role in driving Amazon.in’s growth. As India’s most loved marketplace, Amazon.in will continue to work with local stores and MSMEs across the state and country bringing new tools, technologies, innovations, and initiatives that will unleash the entrepreneurial spirit of Indian businesses. The online marketplace has almost 120 service partners across 75 cities, 8 delivery stations in 2 cities, and over 95,000 sellers in the state. Over the years, Amazon has invested in creating a robust physical infrastructure across India and the Chennai region has 3 fulfillment centers, 3 sortation centers in the state along with hundreds of Amazon-owned and Partner Delivery Stations.

As per a recent study conducted by Ipsos Research Private Limited, commissioned by Amazon India, revealed Amazon.in as a preferred online shopping destination, with over 73% of respondents trusting Amazon for their festive needs. 75% associated Amazon with a wide selection of products, 72% said that sellers on Amazon provide attractive deals, and 73% viewed it as a reliable and trustworthy online shopping destination.

New Delhi, September 6 2024: The Indian real estate market is currently experiencing a bull run, marked by soaring prices and escalating demand. At the same time, household incomes across the top 10 cities increased at a CAGR of 5.4%, while property prices surged at a CAGR of 9.3% (between 2020-2024). This growing gap in income and property price growth rates has weakened affordability.

Elaborating on the same, Magicbricks’ flagship report “Housing Affordability in Major Indian Cities” revealed that the Property Price to Annual Household Income Ratio (P/I Ratio) in India has increased from 6.6 in 2020 to 7.5 in 2024 (higher than the globally accepted benchmarks of 5). Based on the P/I Ratio, the report observed that Chennai (5), Ahmedabad (5), and Kolkata (5) are among the most affordable cities for residential investments in 2024, while the Mumbai Metropolitan Region (14.3) and Delhi (10.1) emerged as the least affordable.

Explaining the trends, Sudhir Pai, CEO, Magicbricks shared “Between the latter half of 2021 and 2022, residential investments were at their most affordable. During this period, the market was experiencing a resurgence, characterized by low interest rates, recovering household incomes, and modest increase in residential prices. However, homeownership sentiment has since peaked, resulting in demand significantly outpacing available supply, leading to a rapid and substantial surge in residential prices, presenting new challenges for affordable housing.”

Furthermore, the report revealed that the EMI-to-monthly income ratio in India has risen from 46% in 2020 to 61% in 2024, indicating a growing burden of EMIs on home buyers and reflecting affordability concerns nationwide, especially metros. The trend is more pronounced in MMR (116%), New Delhi (82%), Gurugram (61%) and Hyderabad (61%). In contrast, cities like Ahmedabad (41%), Chennai (41%) and Kolkata (47%) are relatively more affordable.

The report concluded that the current situation is likely to hit equilibrium conditions with market trends indicating a deceleration in price growth due to an anticipated increase in residential supply.

Chennai, 29 August 2024: Galaxy Surfactants, one of the leading manufacturers of performance surfactants and specialty care ingredients used in the Home and Personal Care industry, is excited to announce its participation in the Cosmetics Ingredients Expo, South India’s first trade show dedicated to cosmetics ingredients, raw materials, formulations for the home care, cosmetics, and personal care industries. The event will occur between August 30 -31, 2024, at the Chennai Trade Centre, Nandambakkam.

During the course of the event, Galaxy Surfactants will be connecting with new and existing customers to showcase its innovative solutions tailored for home and personal care formulations.

The company is also slated to unveil its latest innovations to the attendees, their new products offerings have been developed to address the growing demands of consumers for effective, safe, and sustainable solutions in the home and personal care sectors. The company representatives will be meeting their customers to share insights on customizable formulations, technical expertise, regulatory guidance, and a range of other services that will help customers develop evolved products.

In addition to the exhibition, Galaxy Surfactant’s home care team will participate in a technical seminar where they will present their newly launched fabric care ingredient. This ingredient is crafted to meet the evolving needs of consumers, offering a sustainable and safe solution for fabric care.

Mr. Yogesh Kalra, Vice President, Business Creation, Galaxy Surfactants, said, “With our commitment to customer delight, Galaxy participates in various trade shows across the world to meet our customers from various regions. Our participation in Cosmetic Ingredients Expo is evidence to our commitment and it will help us understand our customer’s pulse and offer innovative solutions for them to excel in their business. The specialty chemical market along with the home & personal care industry in India is undergoing a significant transformation, driven by rising consumer awareness and demand for innovative, sustainable products.”

Chennai, 26, August 2024: Cialfo, a leading global edtech company, has assigned its digital mandate to Social Beat, a premier digital marketing agency known for its innovative strategies and driving business outcomes. Social Beat will focus on increasing lead inflow through LinkedIn campaigns and improving organic ranking via comprehensive SEO strategies. Additionally, the agency will explore platforms like Meta and Google to boost brand awareness, targeting metrics such as cost per quality lead, keyword rankings, website visits, and keyword search volume.

Mr. Suneil Chawla, Co-Founder of Social Beat, said, “We are thrilled to partner with Cialfo, a pioneer in the edtech space. Our goal is to drive meaningful business outcomes by leveraging our expertise in digital marketing to enhance their lead generation and organic presence. We look forward to a successful and impactful collaboration.”

Pooja Gupta Pasari, Sr. VP of Strategic Operations at Cialfo, stated, “Our partnership with Social Beat marks an important step in our growth journey. Their deep understanding of digital marketing and commitment to excellence aligns perfectly with our vision. We are excited to work together to achieve our objectives and expand our reach.”

12th August 2024: Taj Coromandel Chennai, an iconic landmark in the heart of the city, is celebrating five decades of unmatched hospitality and timeless sophistication. In keeping with the hotel’s commitment to consistently enhance guest experiences, the existing salon has undergone a complete transformation, emerging as IHCL’s contemporary unisex salon brand, niu&nau, giving way to a forward-thinking space that is witty and inviting.

Our transformed and re-imagined Salon, niu&nau offering a stunning view of our serene swimming pool is a contemporary salon offering a unique sense of style and attentive personal care. A sanctuary of beauty and wellness, this unisex salon is not just another place to get a haircut or a manicure; it is a destination where luxury and comfort intertwine to create an unparalleled experience.

Guests can choose from a comprehensive menu of salon services including hair, beauty and skincare treatments. The creatively designed salon features vibrant interiors, art-adorned walls and elegant décor, elevating the entire experience and assisting guests look and feel their best.

Commenting on the launch, Sarabjeet Singh, Senior Vice President – Operations, said “Chennai has always been rich in style and elegance, known for its vibrant fashion scene and timeless cultural heritage. With the addition of niu&nau, guests can look forward to a salon experience that combines expertise with personalized service, all designed to rejuvenate your mind, body, and soul.”

The salon is equipped with up-to-date equipment and stocked with the newest beauty brands, offering multiple grooming services from hair treatments to beauty and skincare. The team of skilled professionals will pamper you from head to toe, providing cutting-edge services, leaving you feeling refreshed and new. The signature hair experiences include Hydrating Signature Experience, Repair Signature Experience and Nourishing Signature Experience. The specialised skincare treatments include Perfect Glow, a tailor-made procedure suitable for all skin tones that provides brightening, penetrates deep into the skin and gets you a niu radiance; the Ultimate Time Solution Ritual, a selection of hydrating and nourishing nutrients that provide your skin with a magical healing touch; and the Signature Facial, an ultimate skin revitalisation beauty ritual inclusive of pure plumping, oxygenation and iconic massages.

Chennai, July 29th, 2024: The Board of Directors of CIFCL approved the unaudited financial results for the quarter ended 30th June 2024.

Performance Highlights:

• Aggregate disbursements in Q1 FY 25 were at ₹ 24,332 Cr as against ₹ 20,015 Cr in Q1 FY 24 with a growth of 22%.
• Vehicle Finance (VF) disbursements were at ₹ 12,766 Cr in Q1 FY 25 as against ₹ 11,301 Cr in Q1 FY24, registering a growth of 13%.
• Loan Against Property (LAP) business disbursed ₹ 3,874 Cr in Q1 FY 25, as against ₹ 2,679 Cr in Q1 FY24, with a growth rate of 45%.
• Home Loan business disbursed ₹ 1,778 Cr in Q1 FY 25, as against ₹ 1,454 Cr in Q1 FY24 registering a growth of 22%.
• Small and Medium Enterprises Loan (SME) business disbursed ₹ 2,160 Cr in Q1 FY 25, registering 6% growth over ₹ 2,045 Cr in Q1 FY24.
• Consumer and Small Enterprise Loans (CSEL) disbursed ₹ 3,486 Cr in Q1 FY 25, as against ₹ 2,355 Cr in Q1 FY24 registering a growth of 48%.
• Secured Business and Personal Loan (SBPL) disbursed ₹ 268 Cr in Q1 FY 25, as against ₹ 182 Cr in Q1 FY24 registering a growth of 48%.
• Assets under management as of 30th June 2024, stood at ₹ 1,68,832 Cr as compared to ₹ 1,22,755 Cr as of 30th June 2023, clocking a growth of 38% Y-O-Y.
• PBT for Q1 FY 25 was at ₹ 1,268 Cr, registering a growth of 31% over Q1 of FY 24.
• PBT-ROA for Q1 FY 25 was at 3.2%.
• ROE for Q1 FY 25 was at 18.9%.
• The Company continues to hold a strong liquidity position with ₹ 14,324 Cr as cash balance as of the end of Jun’2024 (including Rs 1,551 Cr in Gsec / Rs 1,606 Cr TBill & Rs 611 Cr in Strips shown under investments), with a total liquidity position of ₹ 14,767 Cr (including undrawn sanctioned lines). The ALM is comfortable with no negative cumulative mismatches across all time buckets as per Regulatory norms.
• Consolidated Profit Before Tax (PBT) for Q1 FY 25 was at ₹ 1,275 Cr as against ₹ 956 Cr in Q1 FY 24 registering a growth of 33%.

Asset Quality:

Stage 3 levels representing 90+ dues increased to 2.62% as of June 24 from 2.48% as of the end of March 24. GNPA % as per RBI norms increased to 3.62% as of June 24 as against 3.54% on March 24. NNPA as per RBI norms has also increased to 2.37% as of June 24 against 2.32% on March 24. NNPA is below the threshold of 6% prescribed by RBI as the threshold for PCA.

Capital Adequacy:

The Capital Adequacy Ratio (CAR) of the company as of 30th June 2024, was at 18.03% as against the regulatory requirement of 15%. Tier-I Capital was at 14.76% (Common Equity Tier-I Capital at 13.63% as against a regulatory minimum of 9%) and Tier-II Capital was at 3.27%.

SANTA CLARA, Calif., and CHENNAI, India – July 25, 2024 – ServiceNow, the AI platform for business transformation, today announced its decision to make a strategic investment in Prodapt, a leading provider of digital and network services for the telecom and technology industries. As the first ServiceNow Ecosystem Ventures investment targeting the telco industry segment, Prodapt will promote the Now Platform to expand business transformation and leverage the learnings across clients through the development of new Telecom & Technology industry-specific, AI-enabled solutions, enhanced industry and domain specific go-to-market capabilities, and increased skilling of certified ServiceNow experts.

As enterprises around the world seek game changing pathways to increase growth and productivity, they are also looking to eliminate tech debt, consolidate system sprawl, and capitalize on the considerable opportunity with GenAI, especially in the telco industry. According to IDC, 73% of global telecom service providers identified AI investments as their top transformation priority as they move away from legacy systems to automated platforms.[1] Prodapt’s deep industry and functional domain expertise – along with ServiceNow’s single architecture, single data model, AI-first platform – will help accelerate the development and adoption of compelling AI solutions for clients through a new ServiceNow AI Center of Excellence, beginning with a primary go-to-market focus in the U.S. and European markets.

“Prodapt’s stellar reputation in the telco space and their proficiency with ServiceNow are a winning combination for customers seeking to accelerate their business transformation journeys,” said David Parsons, senior vice president of Ecosystem Ventures at ServiceNow. “Given the tremendous demand for ServiceNow expertise in various industry segments, our Ecosystem Ventures investments align to our corporate RiseUp objectives, enabling us to accelerate partners’ capability development to help get customers to value, faster. Our partnership with Prodapt does just that, by bringing the transformative power of AI to companies seeking competitive differentiation and advantage in today’s evolving market.”

“This investment is a strong testimony to Prodapt’s deep commitment to modernizing the Telecom Industry’s process and technology stack with an AI-first playbook and a strong focus on leading the Telco to TechCo transformation journey,” said Manish Vyas, Executive Director & Board Member, Prodapt. “By combining Prodapt’s deep domain expertise and accelerators with ServiceNow’s leading AI platform, we will co-create & deliver innovative AI-led next-generation customer experiences and operational efficiencies.”

To meet its goal of ensuring that more than 85% of its ServiceNow deployments have Now-certified experts and resources to drive greater customer value and success, Prodapt aims to increase its number of certified ServiceNow professionals by 400% in the next four years, to more than 1,500 full-time employees globally. Prodapt will embed Rise Up with ServiceNow’s curriculum within Prodapt University, the company’s initiative to create a world-leading training and deployment program for technical hires, giving graduates deep ServiceNow skillsets as well as telco and technology expertise.

As an established ServiceNow partner since 2022, Prodapt has already combined its industry offerings with the Now Platform to launch integrations including the TechCo Toolkit, which helps Communications Service Providers (CSPs) accelerate service activation, automate manual work, and use AI capabilities for business operations. The toolkit is now available in the ServiceNow Store.

ServiceNow Ecosystem Ventures is investing in Prodapt in support of the program’s goal to accelerate growth in services partners focused on targeted c-suite buyer personas, market segments and key industries. Recent investments include Plat4mation in Germany, InMorphis and ANSR in India, and Blueship/Japan Systems and AoraNow in Japan.

Chennai, 23rd July 2024: Allied Blenders and Distillers Limited, the 3rd largest spirits company in India in terms of annual sales volumes between FY14 and FY24, has announced its audited financial results for the fiscal year ended 31st March, 2024.

A snapshot of Consolidated Financial Results:

• Total Income up 7.8% to Rs. 7,675 crore in FY24 as against Rs. 7,117 crore in FY23
•  Income from Operations up 5.6% to Rs. 3,334 crore in FY24 as against Rs. 3,158 crore in FY23
•  EBITDA grew by 26.7% to Rs. 248 crore in FY24 as compared to Rs. 196 crore in FY23
•  EBITDA margin improved to 7.5% in FY24 as compared to 6.2% in FY23
•  Profit After Tax grew by 14.3% to Rs. 1.8 crore as compared to Rs. 1.6 Crore in FY23

Reporting the first set of annual consolidated numbers after the successful IPO this month which was subscribed 24.78 times. The company is now listed on BSE and NSE. In a run-up to go public, the company embarked upon a transformational journey and undertook multiple initiatives to improve the performance that resulted in a straight improvement in EBITDA by 26.7%.

Commenting on the results, Alok Gupta, Managing Director Allied Blenders and Distillers Limited said,”FY24 was a year of the bringing in the change management as we undertook multiple initiatives in terms of strong brand performance, entry into premium to luxury category, successful cost saving initiatives and strong focus on building efficiency & beginning of digital transformation. As we have achieved a milestone with the successful IPO, we are confident of stronger performance going forward and we continue our transformation with improved rigor.”

Performance Review:

Income from Operations grew by 5.6% to Rs. 3,334 crore in FY24 mainly due to better realization by 5.1% in FY24 as compared to FY23 in the brand portfolio driven by improving state brand mix and price increases. In terms of volume, during H1FY24, we witnessed growth across mass premium and P&A categories. In H2FY24 while strong demand for our products existed, however, due to persistent delayed receivables from a key market which affected industry too, resulted in impacting overall servicing needs and short term volume growth. Overall, we delivered 31.7 mn cases in FY24 as compared to 32.2 mn cases in FY23 with the momentum of premiumization continuing as Prestige & Above salience increased to 37.3% in FY24 as compared to 36.3% in FY23

The EBITDA grew by 26.7% to Rs. 248 crore in FY24 as compared to Rs. 196 crore in FY23. In an inflationary environment where the sector witnessed sharp increase in ENA prices, we delivered growth in EBITDA driven by cost optimization initiatives

Recent Business Highlights

Debt Repayment from IPO Proceeds:

The company has been recently listed on the Indian bourses with an immensely successful IPO and exuberant response from investors across categories. As the main purpose of use of IPO proceeds was repayment of debt amounting to Rs. 720 crore, accordingly all the bank debt has been repaid.

New Product Launch:

Zoya Gin is the first product in the luxury gin segment as we aim to expand presence in the premium spirits market. Since the launch of Zoya Gin in January, 2024, we have seen a good acceptance for the product and progressively launching in multiple states in the current year

Achieving Multiple Milestones:

ICONiQ White whisky our latest addition to the millionaire portfolio along with Officer’s Choice and Sterling Reserve achieved three milestones during the year:

• In September, 2023, we achieved the milestone of selling 1 mn cases within 12 months of launch
•  In March, 2024, we achieved the milestone of selling over 2 mn cases in 1st full year of launch that is Financial Year FY24
•  For Calendar Year 2023, the brand achieved the status of the fastest growing spirits brand in the world as recognized by ‘The Millionaires’ Club 2024’ by globally renowned Drinks International magazine

Key Awards:

• Zoya Special Batch Premium Gin won ‘Campaign Innovator of the Year’ at ICONS OF GIN India 2024 Awards & ‘New Product of the Year’ at Ambrosia Awards, INDSPIRIT 2024
•  The company has bagged 9 prestigious awards across categories for its various products at the International Taste Institute Awards