Business – Page 6 – THE ECONOMIC INDIA

31 Oct

Miele Opens its First Exclusive Showroom in Gurugram, Strengthening its Retail Footprint in India

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Gurugram (Haryana) [India], October 31: Miele, the German manufacturer of premium household appliances, has strengthened its presence in India with the opening of its new Exclusive Showroom at Plaza Mall, Sushant Lok Phase I, Gurugram. The launch marks a strategic step in the brand’s retail expansion, bringing its premium built-in home appliances closer to consumers in Delhi NCR, a key market for luxury housing and premium home solutions. Miele Exclusive Showroom inaugurated by Mr. Sawaya Sawaya, Managing Director, Miele UAE & India and Mr. Sunil Punia, Country Manager, Miele India Showroom features Miele’s premium built-in home appliances across kitchen, laundry…

31 Oct

Digital TDR Exchanges Set to Transform How Development Rights Are Transacted Across India’s Cities

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Mr. Vijay Gupta, Founder, Chairman, and Managing Director of SoftTech Engineers Limited New Delhi [India], October 30: SoftTech Engineers Limited, a pioneer in AECO (Architecture, Engineering, Construction & Operations) technology and e-governance solutions, highlights how digital Transferable Development Rights (TDR) exchanges are beginning to reshape the way development rights are discovered, transacted and managed across India’s growing urban landscape. As Indian cities continue to expand and urban infrastructure requirements become increasingly complex, TDR has emerged as an important urban planning instrument, enabling development potential to be transferred from one property or designated area to another. While TDR has traditionally involved…

31 Oct

EcoNāma Retailers’ Meet 2026: One Big Community

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New Delhi [India], October 31: All of EcoNāma’s notebooks come to life at two stages. First, at our manufacturing unit, and second, at thousands of Shop counters across the country. These are the foundational stages that make the vision of a greener and safer Earth possible. This year, EcoNāma hosted a community of retailers and celebrated the efforts of that second life on 27th September 2026. The Retailers’ Meet 2026 invited stationery retailers and school suppliers in the heart of Mumbai to offer a full day of encouragement and appreciation. It was a day to extend gratitude, to capture their…

31 Oct

India’s Changing Road Sector: Greater Focus on Quality, Supervision Creates Opportunities for Engineering Consultants

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As Highway Awards Slow, State Governments Drive More Road Spending, While Authorities Increasingly Focus On The Quality Of Road Design And Supervision. Dhruv Consultancy Services Reflects How Consultants Can Differentiate Through Technical Expertise, Empanelments. New Delhi [India], October 31: For most of the past decade, the key number in Indian roads was kilometres a day. It peaked at 36.8 in FY21. CareEdge Ratings now expects it to fall to about 21 Km in FY27, or roughly 7,750 km for the year, after national highway awards fell from a peak of 12,731 km in FY22 to an estimated 7,000 km in…

31 Oct

NavTech Unveils 10 Gbps QKD-Enabled Optical Wireless System at IMC 2026; Targets Secure Telecom and Defence Networks

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India-developed OpticSpectra 10G QKD combines high-capacity Free Space Optical communication with Quantum Key Distribution capability; system designed for links of up to 5 km New Delhi [India], October 31: Indian deep-tech company Nav Wireless Technologies Pvt. Ltd. (NavTech) has unveiled OpticSpectra 10G QKD, an India-developed Free Space Optical (FSO) communication system designed to combine data speeds of up to 10 Gbps with Quantum Key Distribution (QKD) capability, at India Mobile Congress 2026. The platform is designed for optical wireless links of up to 5 km and is aimed primarily at telecom, defence and other security-sensitive communication environments where high-capacity connectivity…

31 Oct

Vedant Poly Fabs Limited is engaged in the manufacturing of flexible packaging materials for businesses

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Company’s IPO will open on November 2, 2026 and close on November 4, 2026 New Delhi [India], October 31: West Bengal-based Vedant Poly Fabs Limited is engaged in the manufacturing of flexible packaging materials for businesses. The company is launching its IPO on the NSE Emerge platform to finance additional requirements, fully or partially repay certain outstanding secured and/or unsecured loans, finance capital expenditure for the purchase and installation of plant and machinery at its existing manufacturing facility, and meet general corporate purposes. Business activities: Vedant Poly Fabs Limited was incorporated in December 2018. The company is engaged in manufacturing…

30 Oct

Patel Retail Limited to Expand Ambernath Distribution Centre by 20,000 Sq. Ft.; Total Area to Increase to 84,000 Sq. Ft.

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Mumbai (Maharashtra) [India], October 30: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART), a diversified retail and food processing company, proposes to develop approximately 20,000 sq. ft. of additional covered space at its existing distribution centre at its Ambernath facility, Maharashtra, increasing the total area from 64,000 sq. ft. to 84,000 sq. ft. The proposed addition will raise the distribution centre’s area by approximately 31%. The existing 64,000 sq. ft. capacity is currently being utilised at 100%, and the additional space is expected to enhance the utilisation of the Company’s existing infrastructure and strengthen its storage, packing and distribution capabilities.…

30 Oct

Western Overseas Study Abroad Limited Management Team Visits Russia to Participate in: Russia–India Mutual Efficiency Business Forum 2026

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Ambala (Haryana) [India], October 30: Western Overseas Study Abroad Limited (WOSAL, the Company) (BSE: 544636), one of India’s leading one-stop study abroad, immigration and language training consultancy companies, participated in the “SECOND TIME: Russia–India Mutual Efficiency Business Forum 2026”, held in Kazan, Republic of Tatarstan, Russia. Engagement with Russian educational institutions and recruitment stakeholders at the Russia–India Business Forum 2026 Russia–India Mutual Efficiency Business Forum 2026 brought together business representatives and stakeholders to promote bilateral cooperation and explore cross-border business opportunities. During the forum, the management team interacted with representatives of various universities, placement agencies, and government departments to gain…

30 Oct

OMRON Healthcare Begins Full-Scale Production at First Factory in India

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Chennai Factory strengthens domestic blood pressure monitor supply and supports preventive cardiovascular care in India Chennai (Tamil Nadu) [India], October 30: OMRON Healthcare Co., Ltd., a global leader in clinically proven medical devices for home health monitoring and treatment, today announced the commencement of full-scale blood pressure monitor production at the OMRON Group’s first factory in India, located near Chennai, Tamil Nadu. Operated by OMRON HEALTHCARE MANUFACTURING INDIA Pvt. Ltd., the facility represents a significant step in the company’s expansion of local manufacturing in India. To mark the launch of full-scale production, the factory’s manufacturing operations were opened to domestic…

30 Oct

Siyaram Recycling Industries reports strong H1 FY27 performance; Targets lifetime-high revenue of Rs 600 crores in FY27

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Jamnagar (Gujarat) [India], October 30: Siyaram Recycling Industries Limited (“SRIL” or “the Company”), manufacturer of recycled brass products and value-added brass components, announced its financial results for the half year ended September 30, 2026 (H1 FY27), reporting a strong sequential recovery in revenue and operating performance, supported by improving operational momentum and normalization across key aspects of its business. The Company reported revenue of ₹230.0 crores in H1 FY27, representing 54% increase over H2 FY26 and an 9% y-o-y increase over H1 FY26. EBITDA increased to ₹9.1 crores from ₹7.6 crores in H2 FY26, reflecting a 20% sequential improvement, while…