Maximize This Festive Season With IndusInd Bank's Exclusive Loan Mela Benefits For Two-Wheelers

IndusInd Bank has today launched a 'Loan Mela' for two-wheelers with all major Original Equipment Manufacturers (OEMs). With a commitment to redefine customer experience, this year's 'Loan Mela' brings forth a plethora of financing deals, offering customers an excellent opportunity to realize their dreams of owning a two-wheeler.   

With competitive interest rates on financing of two-wheelers, this loan mela features attractive deals, including up to 95% On-road Funding, quick approvals and flexible repayment options on two-wheeler financing.  

As a part of this loan mela, IndusInd Bank has associated with well-known OEMs, to offer festival-specific financing schemes and maximize the benefits for customers. Scheduled to run until November 30th, 2023, the 'Loan Mela' allows customers ample time to benefit from these exclusive offerings. Spanning across various markets pan India, the initiative ensures inclusivity and accessibility for customers from all corners of the country. Customers can visit the nearby IndusInd Bank Consumer Finance Division branch or OEM Showrooms to know more about the loan mela offers. 

This 'Loan Mela' is a testament to IndusInd Bank's unwavering commitment to customer satisfaction. IndusInd Bank remains dedicated to providing innovative and customer-centric solutions, setting benchmarks in the banking landscape. 

About IndusInd Bank:

IndusInd Bank Limited commenced its operations in 1994 catering to the needs of consumer and corporate customers. Since its inception, the Bank has redefined the banking experience for its customers including various government entities, PSUs, retail and large corporations. As on September 30, 2023, IndusInd Bank has a customer base of approx. 37 million, with 2631 Branches/Banking Outlets and 2903 ATMs spread across geographical locations of the country and covering 1,43,000 villages. The Bank has representative offices in London, Dubai and Abu Dhabi. The Bank believes in driving its business through technology that supports multi-channel delivery capabilities. It enjoys clearing bank status for both major stock exchanges BSE and NSE and settlement bank status for NCDEX. It is an also an empanelled banker for MCX.

“Silicon Valley of India” Bengaluru Hosts Vibrant Gujarat Global Summit 2024 Roadshow

* Shri Balvantsinh Rajput, Hon’ble Minister for Industries, Micro, Small and Medium Industries, Cottage, Khadi and Rural Industries, Civil Aviation, Labour and Employment, Gujarat addresses the gathering and welcomes Industry Leaders in Bengaluru to invest in Gujarat

* “A massive 30-GW hybrid park is under development in Kutch, and the Hydrogen Mission aims to produce 100 GW of energy. We are also actively engaged in the development of solar and wind energy.” -Shri Balvantsinh Rajput, Hon’ble Industries Minister, Gujarat

* “Gujarat has taken significant steps towards achieving net zero and expanding renewable energy. The state boasts a renewable energy capacity of 22 GW, representing over 15% of India's total.”

* -Shri Balvantsinh Rajput, Hon’ble Industries Minister, Gujarat

The Vibrant Gujarat 2024 delegation successfully concludes   the Bengaluru led by Shri Balvantsinh Rajput, Hon’ble Minister for Industries, Micro, Small and Medium Industries, Cottage, Khadi and Rural Industries, Civil Aviation, Labour and Employment, Government of Gujarat on November 9th. Distinguished industry leaders, along with officials from the Gujarat government, were in attendance on this occasion.

After the success of the curtain raiser event in New Delhi, the government also organized roadshows in Mumbai, Chandigarh, Kolkata, Chennai and Lucknow and showcased Vibrant Gujarat globally in Japan, Germany, Italy, Denmark, Singapore, Australia, France, UAE, Vietnam, South Korea and USA. The Bengaluru roadshow was organized to showcase the immense potential of the state’s dynamic policies and governance that makes Gujarat the gateway to future. The Gujarat delegation is reported to meet 19 industry leaders from various sectors in a one-on-one set up.

While addressing the participants of the roadshow, Shri Balvantsinh Rajput shared insights into the success of the Vibrant Gujarat Summit and emphasized how Gujarat has become a role model for development and a preferred investment destination over the last two decades. He highlighted some of the state’s achievements like, Gujarat holds 18% share in total manufacturing in India and has been leading in the number of start-ups in the country. The state has 11% of India’s total number of factories. Gujarat stood first in logistics ranking, It contributed 33% share in export, and stood foremost in providing employment opportunities.  The state contributes a substantial 8.4% contribution to the national GDP.  Gujarat also saw a remarkable 15% rise in Gross State Domestic Product (GSDP) over the past two decades, surpassing the national average.”

While hailing the innovation progress in Gujarat, Hon’ble Industries Minister added, “Gujarat's development includes impactful projects such as GIFT City, Dholera Sir, DREAM City, Green Field Port, LNG Terminal, and the High-Speed Rail Network. GIFT City, India's first operational smart city in Gandhinagar, hosts a financial services center and an International Bullion exchange.”

Celebrating the success of India’s 1st Operational Smart City & Fintech-GIFT, Shri Balvantsinh Rajput shared that GIFT city is strategically positioned alongside global financial centers such as Singapore, Dubai, Saudi Arabia, and the United States, attracting companies, financial institutions, firms, and investment funds. “It is attracting companies like Google and Capgemini, making strides to become a fintech hub. This aligns with Gujarat's dedicated IT policy, fostering the service sector's progress and contributing significantly to economic development,” he stated.

Hailing Gujarat's lead in the Renewable Energy Sector, the Hon'ble Industries Minister shared that, in alignment with the Prime Minister's commitment to transform India into a net-zero economy, the state has undertaken several noteworthy initiatives and achieved a significant milestone with its renewable energy capacity reaching 22 GW, contributing to 15% of the nation's total renewable energy capacity. Emphasizing the state's commitment to sustainable practices, the Hon'ble Minister said, “A massive 30-GW hybrid park is under development in Kutch, and the Hydrogen Mission aims to produce 100 GW of energy. We are also actively engaged in the development of solar and wind energy.”

He further emphasized upon Gujarat’s future-ready mega projects like Biotech Park & Dholera SIR, and its willingness to attract investments in IT & ITeS, Semiconductor, Electronics, Aerospace & Defense, & Biotechnology. Additionally, he highlighted the state's commitment to advancing Prime Minister Shri Narendra Modi's vision for the semiconductor sector. He said, “Gujarat stands as the first state in the country to implement the Semiconductor Policy, aiming to establish itself as India's preferred location for semiconductor and display fab manufacturing. The upcoming Vibrant Summit will also organize seminars and conferences on important topics like Semiconductor Sector, Sustainable Manufacturing, Green Hydron, Electric Mobility, Renewable Energy, and Industry 4.0”.

He concluded by extending an invitation to all the participants for the upcoming Vibrant Gujarat Global Summit 2024, urging investments in Gujarat and encouraging active involvement in the nation's developmental journey.

Further, Dr. Rahul Gupta, IAS, Vice Chairman and Managing Director, Gujarat Industrial Development Corporation (GIDC), Government of Gujarat, delivered a comprehensive presentation on the myriad business opportunities available in Gujarat.

The roadshow was also addressed by Mr. K. Ullas Kamath, Chairman-FICCI Karnataka State Council and Joint Managing Director, Jyothy Laboratories, followed by screening of an AV film on Vibrant Gujarat. Mr. Gaurav Sharma, Vice President, IBM Cloud and Cognitive Software, Mr. Viraj Mehta, Director, Global Capability Center at The Kraft Heinz Company shared their experiences in Gujarat. Shri Videh Khare IAS, Mission Director, Gujarat State Electronics Mission, delivered a presentation on Business opportunities in Gujarat and Dr. Vinod Kumar, Director, Promotion Directorate, IN-SPACe, presented on Indian Space Sector Reforms and Formation of IN-SPACe. Mr. Sandip Shah, General Manager & HoD, IFSC & Strategy, GIFT City shared his presentation on Business Opportunities in Gujarat as well.

The event concluded with a vote of thanks by Shri Tushar Bhatt, IAS, Managing Director, Gujarat Informatics Limited.

MTV Hustle 03 Welcomes GOVO As Co-Sponsor, Elevating Rap Reality

GOVO, a new competitor in the audio tech industry unveiled its collaboration with the latest season of India's most popular rap reality television series, MTV Hustle 03 Represent. Stepping in as the co-sponsor, the brand is expected to enhance the influence of this sensational show, propelling India's rap culture to significant heights.

MTV Hustle, renowned for its leading role in elevating the rap genre in India and propelling it onto the global stage, returns with its third season to capture audiences across the globe. This production by the iconic entertainment brand MTV stands as India's premier rap arena, where emerging talents are groomed into industry-ready rap professionals. As a driving force behind the growth of India's flourishing rap scene, the show has consistently provided a nationwide stage for undiscovered talents, celebrating the art of self-expression that deeply resonates with the youth. The season's resounding call to action, "India Ab Tumhari Baari," stands as a tribute to the representation of youthful Indian culture and identity, synergizing the union of two influential brands.

Expressing his enthusiasm about this collaboration, Varun Poddar, Founder of GOVO, commented, “We are absolutely thrilled to partner with MTV Hustle 03 Represent, a collaboration that perfectly aligns with our unwavering passion for music and our commitment to delivering unparalleled bass experiences. At GOVO, we're dedicated to elevating audio quality, and teaming up with the dynamic platform of MTV Hustle fulfills our long-held dream. As we introduce our new range of soundbars to the world through this iconic show, we're eagerly looking forward to help shine India’s extraordinary talent this season."

This collaboration encompasses active integration within the show, making its presence felt through various channels, including on-set features and organic mentions by contestants. Additionally, the audience will be engaged with exciting hamper giveaways during the show, enhancing the overall experience.

About GOVO:

GOVO is an emerging audio technology company that is making waves in the industry. With a passion for innovation and a commitment to delivering exceptional audio experiences, GOVO is quickly gaining recognition for its cutting-edge products. From wireless Bluetooth speakers to powerful Soundbars, GOVO seamlessly integrates advanced technology with sleek designs to create immersive audio solutions. With a strong emphasis on quality, performance, and customer satisfaction, GOVO is poised to become a leading player in the competitive audio technology market.

First Winners Of The Tata Transformation Prize Announced Today, Celebrating Pathbreaking Innovation In India

* Three rising stars in science are recognized for their cutting-edge solutions to food security, sustainability, and healthcare.

Tata Sons and The New York Academy of Sciences today announced the first Winners of the Tata Transformation Prize. The prize recognizes and supports visionary scientists in India who are developing innovative solutions to critical societal challenges.

Three scientists were selected from 169 entries by an international jury of renowned experts for their innovations in food security, sustainability, and healthcare. Each winner will receive INR 2 crores (approximately US$240,000) and will be honoured at a ceremony in Mumbai in December 2023. The jury included distinguished scientists, clinicians, technologists, and engineers spanning six continents from a variety of organizations, including IBM Research, Indian Institute of Science Bangalore, Indian Institute of Technology Madras, International Centre for Genetic Engineering and Biotechnology, Public Health Foundation of India, and UN-Habitat.

The 2023 Tata Transformation Prize Winners are:

Food Security Winner: Shilpi Sharma, PhD, Indian Institute of Technology Delhi

Professor Shilpi Sharma was selected by the jury for her work in the engineering of the soil microbiome using synthetic microbial communities, called microBIOme-based soil TRANSFORMation (BIOTRANSFORM).  Plant diseases threaten crop productivity and, consequently, the global economy. Unlike conventional farming that uses agrochemicals and synthetic fertilizers, soil amended organically has the natural ability to suppress a wide range of plant pathogens. Starting from naturally suppressive soil, Shilpi will catalog the active microbial players and their mechanism of suppression of a range of phytopathogens. Her work will be the first to map the natural suppressive potential of soil across six states of India and to harness this potential by microbiome engineering to facilitate sustainable agriculture in the country and beyond. 

Sustainability Winner: Purnananda Guptasarma, PhD, Indian Institute of Science Education and Research Mohali

Professor Purnananda Guptasarma was selected by the jury for his breakthrough methods to degrade polyethylene terephthalate (PET), a common plastic pollutant, using enzymes. PET is currently produced and used at unsustainable levels, creating worldwide plastic pollution and micro-plastic contamination in the air, water, and soil, as well as in animal and human bodies. Only 9% percent of PET is actually recycled worldwide. Guptasarma’s enzyme-driven strategy uses engineered thermostable enzymes and reactions to demonstrate that solid PET can be broken up into its smallest molecular building blocks with high yield and ultra-high purity to enable PET’s degradation and recycling into virgin plastic. Building on this proof of concept at the laboratory-scale, Guptasarma will further identify and improve enzymatic reagents and reactions for PET degradation and attempt to produce the best enzymes in quantities allowing pilot-scale PET-waste degradation and recycling. 

Healthcare Winner: Anurag Singh Rathore, PhD, Indian Institute of Technology Delhi

Professor Anurag Singh Rathore is a healthcare pioneer aiming to reduce the manufacturing cost of biotherapeutics for treating cancer and autoimmune diseases, thus enabling equal access to these top-tier, expensive treatments currently out of reach for 90% of the Indian population. Rathore has established a state-of-the-art drug manufacturing facility with continuous processing that incorporates novel methods for real-time process monitoring and control. Rathore’s innovation is projected to reduce manufacturing costs by 50-75%, making best-in-class biotherapeutics for complex diseases significantly more affordable for Indian populations in need and further advancing India’s position at the forefront of global medical innovation. 

N. Chandrasekaran, Chairman of the Board of Tata Sons, said, “We are extremely delighted to announce the first cohort of Tata Transformation Prize winners and their groundbreaking innovations aimed at solving India’s national problems in the areas of food security, sustainability, and healthcare. On behalf of Tata Sons, we are pleased to provide these scientists a global stage to take their technologies from India to the rest of the world.”

Nicholas Dirks, President and CEO of The New York Academy of Sciences, said, “Congratulations to the first Winners of the 2023 Tata Transformation Prize. From developing new soil enhancements to improve crop yield, creating methods to make critical medicines available to all, and developing techniques to tackle plastic pollution, these scientists are making important contributions to Indian society and the world. We also thank the jury for sharing their time and expertise in reviewing the submissions in the first year of the Tata Transformation Prize."

Link:  https://www.nyas.org/press-releases/first-winners-of-the-tata-transformation-prize-announced-today-celebrating-pathbreaking-innovation-in-india/

CtrlS To Invest Rs 250 Crore To Set Up An Edge Datacenters In Uttarakhand

* Signs an MoU with Uttarakhand government to invest Rs 250 crore to set up an Edge datacenter in the State

* This initiative will further indirectly induce approximately Rs 2,250 crore investments and create over 1,000 jobs in the State

CtrlS Datacenters Ltd, Asia’s largest Rated-4 datacenter company, signed an MoU with the Uttarakhand government in the presence of the State Chief Minister Pushkar Singh Dhami and CtrlS Datacenters Founder & Chairman Sridhar Pinnapureddy, to set up a greenfield Edge datacenter in the State of 10 MW capacity in the next 8-10 years. 

Sridhar Pinnapureddy, Chairman, CtrlS Datacenters Ltd, said, “The State of Uttarakhand is a fast-growing economic region in India, making it a strategic location for CtrlS Datacenters’ ongoing expansion. We are excited to bring our proven expertise of serving mission critical businesses over the past 15 years to the state of Uttarakhand. CtrlS’ datacenter will be embedded into a larger digital ecosystem of the state, enabling the growth of data, infrastructure and technology-driven businesses around our facility. We expect our proposed datacenter to facilitate an influx of direct and indirect investments to the tune of Rs 2,500 crore and generate around 1,000 jobs.”

Speaking on the occasion, Uttarakhand Chief Minister Pushkar Singh Dhami said, “Uttarakhand has been successful in attracting progressive companies to invest in the state, boost the industry ecosystem and create new jobs. CtrlS Datacentres’ investment and presence in Uttarakhand aligns well with our digital goals and will further boost our efforts as the company is known for its world-class & sustainable datacenters.”  

Mr. Pinnapureddy further stated, “We are thankful to the Uttarakhand government for extending all the support for our project. Large IT infrastructure initiatives taken by the government will give a big fillip to the State’s digital economy. We are committed to contribute to the digital future of the region as well as its burgeoning economy.”

CtrlS Datacenters’ proposed Rated-4 datacenter in Uttarakhand will offer colocation, managed services and cloud services to host mission-critical workloads. The Edge facility will support Industry 4.0 and latency dependent applications. The facility will have all the sustainability features that CtrlS Datacenters is known for. 

Uttarakhand is one of the fastest growing States in India, backed by conducive industrial policies. The State also ranks high on Ease of Doing Business. To provide employment opportunities for educated youth, the State has been encouraging ICT and ITeS companies to set up their operations in an industry-friendly way. A single window system had been created to promote investments in Uttarakhand.

CtrlS Datacenters is on the path to create a series of Edge datacenters in India, across tier-2 and tier-3 cities. The company currently operates such facilities in Lucknow and Patna. The plan is to set up 21 Edge datacenters in the coming years.

About CtrlS Datacenters

CtrlS Datacenters Ltd, which began its operations in 2007, operates 12 datacenters across seven key markets and will begin operation of three new datacenters in 2023. The company is embracing renewable energy for a sustainable future. CtrlS Datacenters has announced its plans to explore new overseas markets in Southeast Asia and Middle East.

For more information, visit: www.ctrls.in

Indian Exporters On Amazon Global Selling Get Ready For A Bumper Holiday Shopping Season

* Indian exporters have launched over 50,000 new products on Amazon’s global websites for the holiday season that starts with the Black Friday and Cyber Monday sale event from 17 Nov to 27 Nov

* Amazon slashes subscription fee for new exporters joining its Amazon Global Selling program for the first three months from $120 (39.99 per month) to just $1.

* Expands its flagship cross-border logistics program called Seller Exports & Delivery (SEND), by enabling a hassle-free ocean freight logistics solution at competitive rates and end-to-end trackability

* Amazon Global Selling provides exporters access to multiple peak shopping seasons and global sale events through the year to accelerate their business growth

Amazon announced today that Indian exporters on its Amazon Global Selling program are geared to showcase millions of ‘Made in India’ products to customers across the world during the annual Black Friday and Cyber Monday (BFCM) sale events. This year, customers will have more days to shop than last year’s event. Indian exporters have launched over 50,000 new products on Amazon’s global websites for the sale event that starts on 17 Nov and ends on 27 Nov. Amazon customers globally will be able to discover and enjoy a range of products across categories including Home and Kitchen, STEM Toys, Apparel, Health and Personal Care, Office Products, Jewelry, Beauty and Furniture by exporters across India. Black Friday and Cyber Monday are significant events marking the beginning of the holiday season globally and customers at this time are looking at items for use at home and for gifting to friends and family.

Multiple peak seasons for Indian exporters with Amazon Global Selling

Amazon Global Selling provides exporters access to multiple peak shopping seasons and global events through the year. These events like the BFCM sale, the Prime Day etc. have traditionally been periods of high growth for Indian exporters. In the recently concluded Prime Big Deal Days Sale on 10 and 11 October 2023, Indian exporters on Amazon Global Selling saw their business grow nearly 70% YoY and 170% vs business as usual (BAU) period. The highest growth was seen in categories like Home <78% YoY >, Beauty <196% YoY>, Kitchen <79% YoY>, Health & Personal Care <87% YoY>, Furniture <95% YoY> with US & UK driving major portion of the business for Indian exporters. Both Japan and Australia emerged as new high growth destination for Indian exporters with sellers witnessing nearly 200% YoY growth during the two days of the sale. The top 5 products sold by Indian Exporters during the sale included Bedsheets, Scrub Apparel Sets, Oral Care Products, Rugs and Kitchen Products.

During the Prime Day Sale in July 2023, Indian exporters on Amazon Global Selling saw their business grow nearly 70% (YoY). The highest growth was seen in categories like Beauty <125% YoY growth>, Apparel <122% YoY growth>, Home <81% YoY growth>, Furniture <75% YoY growth> and Kitchen <52% YoY growth> with US, UK and Middle East driving business growth for Indian exporters. Japan emerged as the new high growth destination for Indian exporters with sellers seeing over 55% business growth YOY respectively. The top 5 products sold by Indian Exporters during Prime Day 2023 included Bedsheets, Scrub Apparel Sets, STEM Toys, Kitchen products and Windshield Sunshades.

Bhupen Wakankar, Director, Global Trade, Amazon India said, “The global holiday season which commences with the BFCM sale has always been a key growth period for Indian exporters on Amazon Global Selling. With tens of thousands of Indian exporters showcasing a vast Made in India selection to customers globally, we believe that the 2023 BFCM sale and the holiday season will help accelerate the growth of sellers on our program. The addition of ocean freight on SEND and the reduced subscription fee offer is part of Amazon’s endeavor to make exports easier and accessible for businesses of all sizes and we will continue to take steps to expand the ecommerce exports opportunity to lakhs of entrepreneurs across the country as we work towards our goal of enabling $20 billion in cumulative ecommerce exports from India by 2025.”

Amazon rolls out initiatives to enable Indian exporters leverage this holiday season

To enable more businesses to leverage ecommerce exports and sell globally during the upcoming holiday season, Amazon has slashed the subscription fee for Indian exporters joining its Global Selling program for the first three months from $120* (*39.99 per month) to just $1. This limited time offer is available to exporters joining this program on or before 31st March 2024. Additionally, Amazon has expanded its flagship cross-border logistics program called SEND, by enabling a hassle-free ocean freight logistics solution at competitive rates and end-to-end trackability which allows exporters to better plan their inventory. SEND has been active for over a year providing air carrier services for small parcel delivery. With SEND, Indian exporters can avail cross-border logistics services from multiple third-party service providers across Air & Ocean, to ship their goods to Amazon fulfillment centers in the US. In addition to competitive rates and Amazon facilitated shipping, the entire process is seamlessly integrated with Amazon Seller Central, where booking, tracking and payments are made seamless, along with door to door pickup and delivery and hassle-free documentation support. SEND was launched in 2022, and thousands of exporters are already benefiting from the program, with shipment visibility and on-time delivery allowing them to have more efficient inventory management plans.

Hemant Pisharody, Business Head at Homespun Global says, “Our business on Amazon Global Selling is trending nearly 4X YOY in 2023 with peak shopping events like Prime Day leading to nearly 10x vs BAU sales. Our approach to peak events includes preparing for new launches, sprucing up out manufacturing and designing the best deals and offers for our customers. We are really excited about the Black Friday and Cyber Monday sale event and are looking forward to a similar business lift during the holiday season.”

Sneh Vaswani, Co-Founder and CEO at Miko, an innovative robotics start-up says, “We launched Miko Mini a smaller version of our Miko 3 AI robot to introduce the latest technology to young learners worldwide. It was quite a hit during Amazon Prime Day globally and resulted in expanding our customer base and over 20X spike in sales. Now, with the holiday season around the corner, we are aiming big and are running a promotion campaign on New York's Times Square. We are really excited to be a part of the holiday spirit along with our customers globally and we look forward to them buying their favourite Miko Robot.

About Amazon Global Selling

Amazon Global Selling is a flagship ecommerce exports program that helps lower the entry barrier for Indian MSMEs to start or expand their exports business using ecommerce. The program was launched in India in 2015 to support Indian exporters to reach customers worldwide through Amazon’s international websites and marketplaces. It provides an avenue for businesses of all sizes to build global brands. Today there are more than 1.25 lakh exporters across India on the program, showcasing millions of Made in India products to customers in 200+ countries and territories across the world. Many of these businesses are first generation entrepreneurs and emerging brands. Amazon Global Selling has been witnessing remarkable growth and Indian MSMEs exporting through the program are on track to surpass $8 billion in cumulative exports by the end of 2023. Amazon has pledged to enable $20 billion in cumulative exports from India by 2025.

About Amazon

“Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews”  

Ambuja Cements And ACC’s Remarkable Commitment To Sustainable Construction In The Mumbai Coastal Road Project

* Ambuja Cements and ACC’s contribution to the Mumbai Coastal Road Project (MCRP) showcases its commitment to environmentally responsible construction practices.  

* The use of Ambuja & ACC Cement in high Grade concretes and in Green concrete- ACC ECOMAXX in the MCRP project have ensured exceptional strength performances & have significantly reduced CO2 emissions. 

* Ambuja Cements and ACC ’s continuous and timely supply of high-performance concrete and Green concrete (ACC ECOMaxX) have played a pivotal role in this prestigious project. 

Ambuja Cements and ACC, the cement and building material companies of the diversified Adani Group, take immense pride in having fulfilled their commitment for providing highly durable Green Concrete for the Mumbai Coastal Road Project (MCRP), via Ambuja Cement in high-grade concrete and ACC’s RMX ACC ECOMaxX line of Value-Added concrete products. Ambuja Cements and ACC have played pivotal role in the construction of numerous iconic and critical structures throughout India. 

In a remarkable showcase of commitment to sustainability, Ambuja Cements and ACC have played a pivotal role in the Mumbai Coastal Road Project (MCRP). The project, which covers development of a 7.75 kilometre coastal roadway, stretching from Princess Street Flyover to Priyadarshini Park. A remarkable feat that this project is slated to achieve is to construct a tunnel beneath the sea, spanning Girgaum Chowpatty, Malabar Hills, and Priyadarshini Park. This engineering marvel includes a multilevel interchange at Haji Ali, facilitating a seamless connectivity between South and North Mumbai, featuring elevated roads constructed over reclaimed land. 

Ambuja Cements and ACC’s contribution to the MRCP stands out with its high-performance concrete and innovative RMX ACC ECOMaxX concrete, ensuring both performance & durability by reduction in CO2 emissions. This pioneering concrete solution perfectly embodies Ambuja Cements solution for exceptional strength and ACC’s dedication to environmentally responsible construction. Despite operating within the challenging environment of South Mumbai, the companies successfully delivered concrete while upholding the timelines and maintaining the desired performance standards. This achievement was made possible with the help of diligent maintenance of ACC’s Concrete plants, ensuring a continuous supply of high-grade and Green concrete from the ACC’s South Mumbai Plant. 

A total of 29,422.50 cubic meters of concrete, including both high-performance concrete and ACC ECOMAXX, were supplied for the project, which contributed to bringing about a significant reduction in carbon footprint. This substantial contribution played a pivotal role in achieving a remarkable reduction in the project’s carbon footprint. This reduction is underscored by a weighted average of 213 kg CO2/m3, signifying a 61% decrease.   

Mr. Ajay Kapur, CEO, Cement Business, said, “The Mumbai Coastal Road Project (MCRP) is an extraordinarily prestigious endeavor, and Ambuja Cements and ACC are truly honored to contribute to its success. With our legacy spanning several decades, Ambuja Cements and ACC have played a pivotal role in numerous iconic projects across India. This project marks another significant milestone in Ambuja Cements and ACC's ongoing commitment to nation-building through infrastructure development. It underscores our position as the preferred choice of our customers, offering enduring and sustainable solutions.” 

Ambuja Cements and ACC’s contribution to the Coastal Road project exemplifies its dedication to sustainable and environment-friendly construction practices. The project closely aligns with India’s vision for a sustainable infrastructural development, where the projects of today becoming the stepping stones of tomorrow. The use of high-performance concrete and RMX ACC ECOMaxX not only ensures the durability and longevity of structures, but also significantly reduces their carbon footprint. 

Ambuja Cements and ACC take pride in the significant role it has played in the prestigious Mumbai Coastal Road Project (MCRP), a groundbreaking initiative that will redefine Mumbai's roadway-connectivity. As India's construction landscape evolves, Ambuja Cements and ACC continue to lead the way and remain at the forefront, offering innovative sustainable solutions that uphold the highest standards of quality. 

About Ambuja Cements Limited 

Ambuja Cements Limited, part of the Adani Group, is among India's leading cement companies. Ambuja, with its subsidiary ACC Ltd. has a capacity of 67.5 million tonnes with Seventeen integrated cement manufacturing plants & fourteen cement grinding units across the country. Ambuja has been recognised as India’s Most Trusted Cement Brand by TRA Research in its Brand Trust Report 2023 and among ‘Iconic Brands of India’ by The Economic Times. Ambuja has provided hassle-free, home-building solutions with its unique sustainable development projects and environment-friendly practices since it started operations. The Company has many firsts to its credit – a captive port with four terminals that has facilitated timely, cost-effective, cleaner shipments of bulk cement to its customers. With a world-class R&D centre, the quality of Ambuja’s products and services, as well as its commitment to technological development, make it a preferred brand in building materials.  

About ACC Limited 

ACC Limited, one of India’s leading producers of cement and ready-mix concrete. It is a member of the Adani Group - the largest and fastest-growing portfolio of diversified sustainable businesses. ACC has 17 cement manufacturing sites, 83+ concrete plants and a nationwide network of channel partners to serve its customers.  With a world-class R&D centre, the quality of ACC’s products and services, as well as its commitment to technological development, make it a preferred brand in building materials. Established in 1936, ACC has been recognized amongst India’s Most Trusted Cement Brand by TRA Research in its Brand Trust Report, 2023 and among ‘Iconic Brands of India’ by the Economic Times. ACC is counted among the country’s 'Most Sustainable Companies' and is recognised for its best practices in environment management and corporate citizenship. With sustainability at the core of its strategy, ACC is the first Indian Cement Company to sign the Net Zero Pledge with Science Based Targets.