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Business Wire India - Multimedia: Digest for February 14, 2024

Business Wire India - Multimedia

Multimedia By Business Wire India
Business Wire India

The Rs. 1,250 crore FDY Yarn expansion project at Garden Silk Mills Private Limited (GSMPL) marks the beginning of a period of rapid progress in the textile sector by The Chatterjee Group (TCG) under the leadership of its visionary Chairman, Dr. Purnendu Chatterjee. With its state-of-the-art manufacturing plant at Jolwa, producing high quality polyester chips, POY, FDY and other specialty yarns, and the iconic Garden Vareli brand having a contemporary collection of sarees and dress materials, the Chatterjee Group, that has investments of USD 8 billion globally, is truly creating the Garden of Tomorrow.
 
"We at MCPI and GSMPL are committed to realize the strong textile vision of Dr. Purnendu Chatterjee, Chairman, TCG." – D.P.Patra, Whole Time Director and CEO, MCPI.
 
With this foray into textiles, TCG aims big at being a key player in PTA-Polyester Downstream segment in the coming years. In line with TCG's vision to attain exponential growth in textiles, both GSMPL and MCPI are looking to ramp up its footprint in various polyester segments in the coming years. MCPI, continues to supply good quality PTA at competitive prices to support GSMPL's Yarn business, which is currently amid worst downturn for the industry. Large investments in the new FDY yarn facilities have been made and 220 KVA electricity connection to the plant has been obtained to enhance the business operations. Additionally, the company has invested in hybrid renewable power to reduce overall carbon footprint. Further enhancement in renewable power is underway.
 
Today GSMPL is proud to have successfully commissioned the Fully Drawn Yarn (FDY) plant having a capacity of 272 Tons per day. The State-of-the-Art Oerlikon Barmag Wings+ machines will produce 'best in class' FDY for knitting, weaving, and sizing applications. The company also plans to set up the Industrial Yarn and Geotextile facilities in different locations in future.
 
Dr. Purnendu Chatterjee's vision and leadership have led to the diversified portfolio of TCG that has a global footprint on the business landscape, having an enviable track record as a strategic investor with investment of around US Dollar 8 billion in USA, Europe, and South Asia across several business sectors like Petrochemicals, Life Sciences, Information Technology, Real Estate, Technology for Chemical Companies, Fin-tech and many more.
 
Dr. Purnendu Chatterjee's relentless pursuit of knowledge and learning has paved the way for the establishment of Centre for Research and Education in Science and Technology (CREST) - a world-leading Research Institute that unleashes the true potential of human talent. The institution is dedicated to three Ks: Knowledge Creation, Knowledge Application and Knowledge Dissemination. It specializes in advancing knowledge and innovation across fields of Quantum Computing, Batteries and Super Capacitors, Translational Neuroscience, Translational Research in Mathematics, Cryptology and Research in Food Technology.
 
Pacing progressively in numerous sectors, The Chatterjee Group (TCG) has proven its prowess by navigating unpredictable markets with agility along with harnessing opportunities for growth and innovation across multiple industries. The Chatterjee Group's constant efforts to cultivate knowledge further empowers every individual within the group to dedicate themselves to constant growth which in turn propels TCG's exponential growth by expanding their presence across various segments of business by incessant value additions in the upcoming years.
Business Wire India

  • With investment of INR 15 million the new facility will enable in-house manufacturing with Japanese technology ensuing quality production
  • First facility in India by Panasonic for manufacturing lighting products
  • Aims to lead the lighting segment in India by FY2030

Panasonic Life Solutions India (PEWIN) - one of the largest manufacturers of electrical construction materials (ECM) in the country, has opened a new manufacturing unit in Daman, Gujarat. The new dedicated facility will enhance the current manufacturing capabilities as well as PEWIN's lighting manufacturing capacity in India. The company has invested a total of INR 15 million which will facilitate in-house manufacturing of lighting products, keeping in line with the company's growth plans. With this investment and a strategic growth plan PEWIN aims to lead the lighting segment by 2030.
 
Speaking on this new launch, Kuniyasu Shimaoka, Managing Director – Global Lighting business, Panasonic Corporation, said, "We see enormous potential in India especially with regards to the manufacturing industry. The investment is for INR 15 million is set with the objective of expanding our business in India. Keeping in mind the 10th anniversary of Make in India, Panasonic (PEWIN) aims to start manufacturing in Daman to speed up inland manufacturing, while continuing business with Indian suppliers."
 
The facility is strategically placed in the North and West region to cater to the ever-growing demand for lighting products. By establishing a global standard for technology and quality management systems, India can leverage its pre-existing manufacturing expertise of electrical materials to allow the production of lighting fixtures with superior quality and speed.
 
Speaking on this new initiative, Masato Miyamaru, Director - Lighting business, PEWIN said," Panasonic aims to become the leading player in the lighting segment in the Indian market by FY2030. In terms of attracting more clients and projects across India, we aim to significantly ramp up operations. The geographic location of the facility in Daman adds strength to our existing operations where we already have a robust network of essential suppliers. Our main intent to have internal production is to share Panasonic's quality management experience with our suppliers."
 
Adding to the same, Tomohisa Oishi, Senior General Manager – Business & Strategic planning and Manufacturing head – Lighting Business, PEWIN said, "The primary objective is to expand our manufacturing lines in India to boost our business, as the Indian lighting industry is anticipated to undergo a shift towards becoming a more selective market for superior products. Panasonic strives to satisfy the needs and demands of both our customers and market while aiming to be ahead of the curve. For us, internal manufacturing is one of the most crucial aspects."
 
The newly established facility will initially manufacture lighting fixtures such as downlights before eventually expanding to other product lines. Currently, the manufacturing capacity in the first year is 1.5 lakh units, and it is planned to expand by 115% for the whole Lighting industry in FY2024.
 
Panasonic Life Solutions India (PEWIN) has a plan to grow their lighting business by 2030, with the goal of being India's leading lighting provider. The mission is to help people live better lives and develop India's future growth potential. They will present their consumers unique solutions and products (made with high-quality, high-efficiency, and eco-friendly Indian and Japanese technologies), primarily in the commercial and professional markets. The company aims to carry out strategic business efforts between FY2023 and FY2024 to accomplish their goals.
Business Wire India

NEC Corporation India, a leader in IT and network technologies and a wholly owned subsidiary of NEC, has announced the launch of enhanced technology solutions as part of the Global Smart City Suite that includes NEC Mi-Command (Integrated Command and Control Centre), NEC Mi-City (Citizen Engagement Portal), NEC Mi-Eye (Intelligent Video Analytics), and NEC Mi-WareSync (Warehouse Management System). These solutions aim to provide transparency and visibility for efficient management and decision-making, ensuring seamless operations among organizations and authorities, and offering enhanced experiences for citizens, businesses, and communities.

NEC's technological solutions have been at the core of India's infrastructural development, positively impacting the lives of the people. As part of "In India for India, From India for Global" focus, the rich reservoir of engineering talent and diverse use cases from India are being replicated at a global scale to fuel the next wave of growth for NEC globally. Striving to address the needs of rapidly evolving communities, businesses and governments, these solutions focus on three key functions aligned with a vision of futuristic cities: strengthening the digital foundation, streamlining processes, and enhancing decision-making capabilities.

Aalok Kumar, Corporate Officer & Senior VP - Head of Global Smart City Business, NEC Corporation & President & CEO, NEC Corporation India, said, "NEC has played a pivotal role in shaping India's digital and social infrastructure, particularly in public safety, smart cities, logistics, transportation, and more. These differentiated intellectual properties will be a big step towards future proofing our societies through smarter governance and empowering citizens in this digital era. Our extensive experience in navigating the scale and complexity of a rapidly growing nation like India has helped us unearth numerous real-life technology deployment use cases which can be applied to various geographies globally. This underscores our dedication to transforming communities by enhancing safety and intelligence, thereby shaping the future of technology ranging from the outer reaches of space to the depths of the oceans."

NEC is a 124-year-old organization that has always created solutions for society, keeping people at the center of innovation. As a world leader in biometrics and submarine cable systems, NEC holds a prominent position in advancing digital transformation and creating truly connected nations. NEC extends its influence by spearheading initiatives in smart cities, intelligent transportation, and smart logistics. NEC also has one of the most robust AI practices that cuts across various industry verticals globally.
 
Industry-Leading Solutions
 
NEC Mi-Command (Integrated Command and Control Centre)
NEC Mi-Command is an Integrated Command and Control Centre (ICCC), offering a single, unified platform for efficient city operations and management. It empowers smart cities to tackle challenges related to urban infrastructure development, resource management, and incident response. It provides capabilities such as alert management, incident management, standard operating procedure (SOP) management, device management, geospatial tracking, live dashboards, live video feeds, analytics and insights. It is a key component of NEC's comprehensive solution for smart city and enterprise management, offering a highly customizable, data-agnostic, and security-focused approach to address a wide range of operational needs and requirements.
 
Link: Video
Link: Website
 
NEC Mi-City (Citizen Engagement Portal)
NEC Mi-City is a comprehensive platform designed to strengthen the connection between citizens, governments, and agencies. This unified citizen services web portal simplifies access to government services, offering a user-friendly interface for tasks such as permits, licenses, and document retrieval, eliminating the need for long lines and complex processes. Beyond service access, NEC Mi-City empowers citizens with information on policies and reforms, while enabling agencies to communicate directly with the public, fostering transparency and collaboration.
 
Link: Video
Link: Website
 
NEC Mi-Eye (Intelligent Video Analytics)
NEC Mi-Eye is powered by AI and machine learning, delivers real-time insights on customer behavior, operational efficiency, and security. With features like personal protective equipment (PPE) detection, intrusion alerts, and vehicle recognition, it enhances security, and operational efficiency across sectors, facilitating data-driven decision-making.
 
Link: Video
Link: Website
 
NEC Mi-WareSync (Warehouse Management System)
NEC Mi-WareSync is a software platform acting as a catalyst for innovation in logistics & supply chains, playing a pivotal role in the evolution of smart logistics. This cloud-based warehouse management solution optimizes inventory, streamlines workflows, and enhances visibility with features like configurable workflows and multiple subscription models. It benefits various industries by improving resource utilization and reducing inventory costs.
 
Link: Video
Link: Website
 

With a robust suite of offerings, NEC is poised to not only revolutionize smart city solutions in India but also make a significant impact on a global scale, reinforcing the brand's commitment to orchestrating a brighter world through innovative technology and strategic integration.
Business Wire India

The Grand Opening of the new One&Only One Za'abeel, the first vertical, urban resort by the ultra-luxury hospitality brand saw the world's A-list, influential tastemakers and cultural trailblazers gather in Dubai for a spectacular one-off weekend of entertainment on Dubai's new urban stage, The Link.
 
The star-studded guest list across film, music, fashion and sport included Jennifer Lopez (singer and actor), Naomi Campbell (model), Vanessa Hudgens (actor), Sidharth Malhotra (actor), Kiara Advani (actor), Gauri Khan (Producer); Malaika Arora (actor); Mark Ronson (DJ and record producer), Idris Elba (DJ) and Sabrina Elba (model), Vincent Cassel (actor), Angelababy (actor), Isabelle Huppert (actor), David Gandy (model), Esai Morales (actor), Eva Apio (model), Emma Raducanu (tennis player), Nancy Ajram (singer), Tanaaz Bhatia (Entrepreneur), Mara Hoffman (fashion designer), Ramla Ali (boxer) and Nicola Roberts (singer), who were invited, alongside a curated guest list from around the world, to be the first to experience the captivating city resort.
 
Highlights from the Grand Opening included a dazzling party in the sky, as global icon Jennifer Lopez gave a spontaneous performance at Sphere in The Link, a futuristic boulevard suspended 100 metres above the ground that connects One Za'abeel's dual skyscrapers. Lopez wowed guests with an impromptu medley performance of hit songs: Jenny From the Block, Can't Get Enough, the debut single from her upcoming album This is Me…Now, and Get Right.
 
Dressed in a glittering sequin jumpsuit, Lopez joined seven-time Grammy award-winning Mark Ronson on the decks during his DJ set, marking the pair's first-ever collaboration. A-list actor and DJ Idris Elba later joined Ronson in the DJ booth to transition into his late-night set, with the party continuing into the early hours.
 
The celebrations began on Friday, 9th February, with celebrities flying in from around the world to Dubai for the unmissable occasion. Intimate welcome drinks at new French-Mediterranean restaurant Aelia saw guests sipping on cocktails, before enjoying the first of the weekend's bespoke dining experiences at The Link. The first night of the weekend's festivities concluded with an afterparty at Tapasake, One&Only One Za'abeel's glamorous poolside restaurant and rooftop pool club, with a live performance by Lebanese pop star Nancy Ajram.
 
Malaika Arora, Tanaaz Bhatia, Nandita Mahtani, Rahi Chadda, Orry from India attended a sun-soaked Rosé Pool Brunch at Tapasake surrounded by unparalleled views of Dubai's skyline to begin Day Two's celebrations. Atop the world's longest cantilever, with the option to take a dip in the UAE's longest infinity pool, guests enjoyed a bespoke menu of Japanese fusion food.
 
Lighting up the Red Carpet on the opening night, 10th February, was an array of international celebrities and VIPs, including Jennifer Lopez (singer and actor), Naomi Campbell (model), Vanessa Hudgens (actor), Sidharth Malhotra (actor), Kiara Advani (actor), Mark Ronson (DJ and record producer), Idris Elba (DJ) and Sabrina Elba (model), Vincent Cassel (actor), Angelababy (actor), Gauri Khan (Producer), Malaika Arora (actor); Isabelle Huppert (actor), David Gandy (model), Esai Morales (actor), Eva Apio (model), Emma Raducanu (tennis player), Nancy Ajram (singer), Nicola Roberts (singer), Nandita Mahtani (Designer), Tanaaz Bhatia (Entrepreneur), Rahi Chadda (International Model), Orhan Awatramani (aka Orry - Public Figure) and Masoom Minawala (Fashion Creator & Entrepreneur).
 
Guests then experienced the finest of the culinary world, with dinners hosted by Michelin-lauded chefs at their latest restaurant openings: Le Dame de Pic (by Anne-Sophie Pic), Arrazuna (by Mehmet Gürs), QABU (by Paco Morales), Sagetsu (by Tetsuya Wakuda), and Duangdy (by Bo Songvisava and Dylan Jones of Bo.Lan).
 
The weekend culminated on Sunday 11 February, with a brunch at StreetXO, the cutting-edge concept restaurant by Spanish chef Dabiz Muñoz. Guests dined on a bespoke menu of reimagined global street-food envisioned by Muñoz, the three-Michelin star lauded chef named Best Chef in the World of 2023.
 
To commemorate the once-in-a-lifetime event, a breath-taking show of Guinness World record-breaking 3D video-mapping projections - now the longest projection mapping in the world - glittered across the glass exterior of the new resort and landmark structure, transforming the facade to reflect the futuristic and innovative interior of the building.
 
One&Only One Za'abeel brings together exceptional dining, innovative wellness and curated experiences to create a spectacular urban stage at the centre of everything. It is the latest resort opening operated by Kerzner International, the leader in ultra-luxury hospitality, and sits within the new One Za'abeel building, an architectural icon which boasts dual skyscrapers intersected by the world's longest cantilever and horizontal bridge, The Link.
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