Business – Page 2 – THE ECONOMIC INDIA

28 Jan

Mitsu Chem Plast Limited Proposes to Commence Manufacturing Operations at New Boisar Facility as Part of Its Expansion Strategy

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Mumbai (Maharashtra) [India], January 28: Mitsu Chem Plast Limited (BSE: 540078), one of India’s leading polymer solutions companies engaged in the manufacturing of blow-molded and injection-molded products, has announced a strategic expansion of its manufacturing footprint as part of its long-term growth plan. The Company has proposed to commence manufacturing operations at a new facility located at the MIDC Industrial Area, Taluka–Boisar, District–Palghar. The premises have been taken on a leave and license basis and will support the Company’s growing operational requirements. Currently, Mitsu Chem Plast operates three manufacturing units,Unit 1 and Unit 2 at Tarapur, and Unit 3 at Khalapur, with a combined installed capacity of…

27 Jan

MGM Anand Muthu’s Green Stays Vision: Zero-Waste opulence

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New Delhi [India], January 27: In 2026, the global conversation around luxury has undergone a radical transformation, moving away from mindless excess toward the urgent mandate of sustainability. For decades, the hospitality sector was synonymous with splurge and opulence, a world of curated extravagance where environmental impact was often an afterthought. However, as climate consciousness becomes the ultimate luxury, the industry has reached a turning point where a hotel’s “green” credentials are as prestigious as its star rating. Leading this charge in India is the MGM Group, a multifaceted conglomerate that has successfully redefined the intersection of high-end service and…

27 Jan

Garment Mantra Lifestyle Ltd. Appoints Five Authorized Distributors Across Tamil Nadu to Strengthen Domestic Reach

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Tirupur (Tamil Nadu) [India], January 27: Garment Mantra Lifestyle Ltd. (BSE: 538216), a leading player engaged in the manufacturing and selling of Knitted Fabrics as well as Knitted Garments, has announced that it has appointed five authorized distributors across key regions of the State of Tamil Nadu as part of its strategic initiative to strengthen its domestic distribution and retail reach. Tamil Nadu is one of the most significant apparel consumption markets in India, supported by a strong urban and semi-urban customer base, well-developed retail infrastructure, and consistent demand for organized apparel brands. Keeping this in view, the Company has adopted a structured…

27 Jan

TAAL+ Marks 20 Years of Hope, Healing, and Community Leadership in India’s HIV Response

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Mrs Manaali Vengsarkar, Shri Dilip Vengsarkar, Dr Arun Khanna, Shri Rajesh Agarwal Pune (Maharashtra) [India], January 27: Dilip Vengsarkar celebrated his special day – 50 years since he made his debut in international cricket, celebrated meaningfully at TAAL – an institution dedicated to caring and supporting AIDS patients in Pune. TAAL+ marked a deeply moving milestone today as it celebrated 20 years of standing with people living with HIV (PLHIV), transforming lives through compassion, courage, and community leadership. The anniversary was not just a celebration of time; it was a tribute to resilience, dignity, and the power of peer-led care…

27 Jan

India’s Renowned Heritage Fragrance House ZAM ZAM PERFUMERS Accelerates Retail Growth in Karol Bagh

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New Delhi [India], January 27: India’s renowned heritage fragrance house ZAM ZAM PERFUMERS, known for its authentic non-alcoholic attars and premium fragrance oils, has announced the opening of its new retail store in Karol Bagh, one of Delhi’s most prestigious and high-footfall shopping destinations. With over three decades of excellence in traditional Indian perfumery, ZAM ZAM PERFUMERS continues its strategic retail expansion by bringing its signature fragrances closer to perfume lovers who value high-street access, authenticity, and sensory experience. Bringing Heritage Fragrances to Delhi’s Iconic High Street Founded in 1991 in the historic fragrance quarter of Hazrat Nizamuddin, ZAM ZAM…

27 Jan

Emerald Tyre – An Indian Tyre Manufacturer Plans To Acquire 65% Stake In A South African Tyre Company To Expand Its Volumes In US Market

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Chennai (Tamil Nadu) [India], January 27: “Emerald Tyre Manufacturers Limited (NSE: ETML | INE0RHD01013) is one of the largest manufacturers and exporters of Off-Highway Tyres, has taken a decisive step in its international growth journey by acquiring a 65% controlling stake in SA Rubber Engineering Pty. Ltd., South Africa. The proposed acquisition approved by ETML’s Board of Directors on 22 January 2026, involves an investment of up to ₹14 crore, through a combination of cash and non-cash consideration. Upon completion, SA Rubber Engineering will operate as a subsidiary of ETML, with the proposed acquisition expected to close within 6–8 months.…

27 Jan

Airfloa Rail Team Up with Janatics to Build Automatic Door Systems for Rail Coaches

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Chennai (Tamil Nadu) [India], January 27: Airfloa Rail Technology Limited (BSE – AIRFLOA | 544516 | INE0XBS01012), a leading manufacturer of railway rolling stock components and turnkey interior solutions has announced that it has entered into a Memorandum of Understanding (MoU) with Janatics Industrial Automation Private Limited for the development and supply of Automatic Door Systems for railway applications. Highlights of the MoU The MoU covers Automatic Door Systems for modern railway coaches, including Freight EMU and Vande Bharat platforms Product scope includes: Double Leaf Plug Doors Automatic Single Leaf Plug Doors Pocket Sliding Doors Automatic Fire Barrier Doors Airfloa will lead tender participation,…

27 Jan

Vishnu Prakash R Punglia Limited Successfully Delivers Silchar 24×7 Water Supply Project

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Jodhpur (Rajasthan) [India], January 27: Vishnu Prakash R Punglia Limited (NSE – VPRPL, BSE – 543974 | INE0AE001013), one of India’s leading Engineering, Procurement and Construction (EPC) companies with a diversified presence across Water & Municipal Services, Roads, Railways, Infrastructure, and Mining, has announced successfully completed and handed over the Silchar 24×7 Water Supply Project under the AMRUT Mission in Assam. The project was executed for the Assam Urban Water Supply & Sewerage Board (AUWSSB) at an approximate cost of ₹177.47 crore. Project Overview The project includes key infrastructure such as intake systems, a water treatment plant, transmission mains, pumping stations, service reservoirs, distribution…

27 Jan

Satnam Kaur’s Vision Is Redefining Modern Luxury Experiences and Entrepreneurship Across North India

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New Delhi [India], January 27: In a city where heritage meets evolving aspiration, Satnam Kaur has quietly emerged as one of Lucknow’s most influential entrepreneurs, redefining how luxury, hospitality and experiential design are imagined in North India. With over sixteen years of leadership in hospitality and an MBA from BBD Lucknow, Satnam represents a new generation of Indian women entrepreneurs: visionary, disciplined, aesthetically driven and deeply rooted in excellence. Her work reflects not only commercial success but cultural impact, shaping how modern celebrations, spaces and lifestyle experiences are curated. A Foundation Built on Discipline, Education and Vision Raised in a…

27 Jan

How Hyperlocal Digital Platforms Can Transform Small Businesses in India

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Kakumanu Ravi Chandra, Founder & Chief Executive Officer (CEO), IND Classifieds New Delhi [India], January 27: Small businesses and local service providers in India make up the core of the country’s economy and provide a significant number of jobs and grassroots economic activity. Billions of livelihoods rely on local business, not only of neighbourhood retailers and service professionals, but also of micro-enterprises and home-based businesses. However, despite the rapid pace of digital adoption that can be seen across urban India, even to this day, a significant share of small businesses is not overrepresented in the online ecosystem. And as Founder of…