Business – Page 10 – THE ECONOMIC INDIA

22 Apr

Tier II and III Cities Anchor India’s EV-Led Logistics Shift: Pushpank Kaushik, CEO, Jassper Shipping

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Hyderabad (Telangana) [India], April 22: India’s logistics landscape is undergoing a structural realignment, moving away from traditional metro hubs to Tier II and Tier III cities. These regions, once seen primarily as consumption centres, are now emerging as key drivers of both e-commerce demand and logistics activity. This transition is backed by rising disposable incomes, deeper digital adoption, and the rapid expansion of e-commerce platforms into non-metro markets. According to JMK Research, EV penetration in these cities has already reached over 10% in Tier II and nearly 9% in Tier III markets, highlighting their growing role in the next phase of…

21 Apr

Hettich Strengthens its Experiential Touchpoints with the Launch of its Exclusive (HeX) Store in Jaipur

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Jaipur (Rajasthan) [India], April 21: Hettich India announced the grand opening of Jaipur’s first Hettich Exclusive (HeX) store, expanding its experiential presence and bringing immersive, hands-on interior experiences to the region. This milestone coincides with Hettich’s 25-year journey in the country, as it enters a new phase of growth, backed by continued manufacturing investments, including its upcoming Indore facility, and an accelerated expansion of Hettich Exclusive Experience Centres across key markets in India. The new HeX store offers an integrated, solution-driven shopping experience, featuring curated walk-throughs of contemporary furniture equipped with premium German furniture fittings, architectural door hardware, furniture lights,…

21 Apr

Steel Exchange India Limited Has Strengthened Its Capital Base Through an Upfront INR 75 Crore Infusion by Allotting Convertible Warrants

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Vishakhapatnam (Andhra Pradesh) [India], April 21: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has received an aggregate amount of ₹75 Crore from M/s India Coke and Power Private Limited and M/s IMR Steel Private Limited (IMR Group-a leading international metals and mining conglomerate) towards subscription of convertible warrants under its preferential issue. This receipt forms part of the Company’s proposed fund raise of up to ₹350 Crore through issuance of convertible warrants on a preferential basis, as approved by the Board of Directors on…

21 Apr

IFFCO Kisan Finance Expands Arogya Vistaar Programme, Strengthens Last-Mile Healthcare with Doubled Network

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IFFCO Kisan Finance Expands Arogya Vistaar Programme, Doubles healthcare network for Last-Mile Healthcare Access Gaya (Bihar) [India], April 21: Building on a strong first year, IFFCO Kisan Finance, under the Arogya Vistaar programme, has entered the second year of delivering accessible and quality healthcare service in Bihar’s Gaya district. The programme now covers all 12 Gram Panchayats of the Manpur block – doubling its reach from six Gram Panchayats last year. It has also doubled its healthcare network, strengthening last-mile access to care. Implemented in collaboration with digital healthcare provider DocOnline and NGO Utthaan, the IRDHS model will deliver care…

21 Apr

Platinum Stellar by Platinum Corp. with Sussanne Khan: Bespoke Presidential Suites in Santacruz West

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Platinum Stellar by Platinum Corp. with Sussanne Khan: Bespoke Presidential Suites in Santacruz West Mumbai (Maharashtra) [India], April 21: In a market crowded with luxury developments, Platinum Stellar stands out in a league of its own. The latest offering from the acclaimed Platinum Corp., a developer backed by over 15 years of trust and 1.75 million sq. ft delivered across Mumbai’s prime suburbs, Platinum Stellar offers expansive, immersive living experiences tailored for the city’s most discerning homebuyers and investors. The project’s design-first approach and understated approach to luxury is underscored by a design collaboration with celebrity interior designer Sussanne Khan,…

21 Apr

MoD PSU AVNL Appoints Dynatron as Channel Partner to Drive Defence Exports in Global Markets

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Authorisation strengthens India’s defence export outreach across Africa, the Gulf Region, Central Asia, and Southeast Asia New Delhi [India], April 21: Dynatron Services Pvt. Ltd., a Crown Defence company, has been formally authorised by Armoured Vehicles Nigam Limited (AVNL), a Government of India enterprise under the Ministry of Defence, as a Channel Partner to promote and support the export of its defence products across key international markets. The authorisation enables Dynatron to represent AVNL’s product portfolio across regions, including Africa, Gulf countries, Central Asia, and Southeast Asia, for a period of two years. The mandate includes engagement with potential customers, including defence forces, market development, and support for expanding the global…

21 Apr

Action TESA Partners with Traqo for Full Truckload Logistics Management

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New Delhi [India], April 21: Action TESA, one of India’s leading engineered wood manufacturers, has transformed its full-truckload (FTL) logistics through a long-standing partnership with Traqo. Active for over four years, this collaboration delivers real-time visibility, automated workflows, competitive rate discovery, and reliable tracking, enabling efficient management of thousands of high-volume shipments for raw materials inbound to plants and finished products outbound nationwide. A flagship of the Action Group, Action TESA produces a comprehensive range of engineered wood products, including high-density moisture-resistant boards (HDHMR), MDF, particle boards, laminate wooden flooring, specialised HDF variants, acrylic hi-gloss panels, and doors. The company…

21 Apr

Office Space for Rent in Whitefield: The Key to Scaling Businesses in East Bangalore

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Bangalore (Karnataka) [India], April 21: Whitefield has rapidly transformed from a quiet suburb into one of Bangalore’s most dynamic business hubs. Today, it stands as a preferred destination for startups, SMEs, and large enterprises looking for the right infrastructure to scale. Whether you’re a growing startup or an established company, finding the right office space in Whitefield can directly impact your business growth. Why Whitefield is Bangalore’s Business Growth Engine Over the past decade, Whitefield has emerged as a major IT and commercial corridor. With proximity to IT parks, tech companies, and residential zones, businesses find it easier to attract talent…

21 Apr

Surat to host ‘Maha Kumbh’ of Real Estate: HALO Property Expo 2026 to Open on April 24

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Surat (Gujarat) [India], April 20: In a landmark event for Surat’s real estate sector, the HALO Property Expo 2026 will be held from April 24 to 26 at Anthem Circle, Valthan–Punagam Canal Road, Outer Ring Road. Organised by the Surat East Builders Association, the three-day event is being positioned as a “Maha Kumbh” of property, bringing together leading developers and investors on a single platform. Over 40 developers and 180+ projects under one roof to boost growth in East Surat Maharashtra Cabinet Minister Mangal Prabhat Lodha to inaugurate the expo; more than 2 lakh visitors expected over three days The…

20 Apr

Amid Growing Demand for High-Performance Electric Cooking, Reurja Launches 1300°C Plasma Technology in India

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Reurja Launches 1300°C Plasma Technology in India for High-Performance Electric Cooking Mumbai (Maharashtra) [India], April 20: The rapid proliferation of short-form video content promoting ultra-low-cost electric stoves has triggered growing concern among consumers and industry observers in India. Several recent media reports have highlighted how such demonstrations, often priced at ₹1,000–₹2,000, may not reflect real-world performance or safety standards, particularly for commercial or sustained usage. Against this backdrop, Reurja, an emerging player in advanced kitchen technologies, has announced the introduction of EFS (Electric Fire Stove), a professional electric cooking system powered by German plasma-based technology, designed to deliver high-temperature performance of up to 1300°C for…