YES Bank Introduces ‘iris By YES BANK’ To Re-Define Mobile Banking Experience For Customers

* A comprehensive mobile banking solution, co-created basis customer feedback

* Offers end-to-end life cycle management that enables customers to bank ‘on the go’

YES BANK today, introduced its state-of-the-art mobile banking app, iris by YES BANK that aims to redefine the country’s digital banking landscape.

Designed to cater to both existing and new customers, the app heralds a new era of convenience, efficiency, and personalisation by enabling customers to access over 100 features and services in just a few clicks, on a single platform.

Equipped with a host of exciting features, the app comprises a sleek and intuitive user interface that aims to offer a simplified banking experience for users of all age groups, and backgrounds. Moreover, it also ensures utmost safety of the customers' financial data by incorporating best-in-class safety features like - Biometric Authentication, Sim-Binding as well as a 2-factor Verification.

iris by YES BANK is a comprehensive financial proposition that has been co-created based on the valued feedback received from YES BANK customers. The Bank demonstrated a keen understanding of the feedback that was shared and leveraged its technological prowess to design a solution that empowers customers to fulfil their banking requirements while on the move. The app resonates the Bank's commitment to create a digitally empowered ecosystem within the country and serves as a testament to offer state-of-the-art digital solutions that improve the overall banking experience for its valued customers.

Speaking about the all-new app, Mr. Prashant Kumar, Managing Director & CEO, YES BANK said, “We, at YES BANK take pride in our ability to leverage technology to bring forth path-breaking solutions that offer customers with a holistic banking experience. iris by YES BANK is yet another step in the same direction which aims to transform the way customers avail banking-related services. It is pertinent to note, that the app has been developed in-house based on feedback from our customers, which makes it a unique proposition in terms of features, user experience, and benefits. It echoes the Bank's unwavering focus on ushering in a digital revolution in the country, while also strengthening our reputation as a leader in the ever-changing financial landscape. Given YES BANK’s strong track record of setting new benchmarks for digital excellence, I strongly believe, the app will appeal to users of all age groups by empowering them with a comprehensive banking suite that caters to their diverse banking requirements.”

The unveiling of iris by YES BANK comes close on the heels of the launch of YES BANK’s refreshed brand identity and has the potential to positively impact the lives of millions of customers.

Below are the key features of the iris by YES BANK mobile app:

Savings account: Users can open a savings account effortlessly in real-time through the app

Credit cards: Users can apply for a YES BANK Credit Card and choose from among the wide range of credit card options offered by the Bank

Loan in seconds: Get access to YES BANK’s bouquet of lending products with quick approvals on the app itself

Deposits: Book recurring and fixed deposits through the app on the go

Easy payments: Avail the benefit of using multiple digital modes for making seamless and hassle-free payments on the app

Investments: Get access to a wide range of investment options that can be customised basis individual risk appetite and financial goals

Insurance: Users can choose from a range of insurance services integrated in the iris by YES BANK app

The iris by YES BANK mobile app is available on both Google Play Store and App Store and can be seamlessly downloaded on Android as well as iOS based smartphones.

To know more about the app, click here https://www.yesbank.in/digital-banking/mobile-solutions/iris-mobile-app

You can view the walk-through of the app by clicking here https://youtu.be/IfTNO6RMUN4

About YES BANK

YES BANK is a full-service commercial bank providing a complete range of products, services, and technology-driven digital offerings, catering to retail, MSME, and corporate clients. YES BANK operates its investment banking, merchant banking, and brokerage businesses through YES SECURITIES, a wholly-owned subsidiary of the Bank. Headquartered in Mumbai, it has a Pan-India presence including an IBU at GIFT City and a Representative Office in Abu Dhabi.

For more information, visit the Bank's website at http://www.yesbank.in/

Follow YES BANK on Twitter @YESBANK

RHI Magnesita Sets Up Global Shared Service Centre At Gurugram

- India GSS is RHI Magnesita’s 5th GSS after China, Europe, North and South America

- Capacity addition and scale-up planned in 3 phases

RHI Magnesita, the Global leader in manufacturing and supply of high-grade refractory products, systems, and solutions, has operationalised its Global Shared Service centre (GSS) in India. The centre, set up at Gurugram, is the 5th global shared service centre of the company, with the other four located in China, Europe, North and South America.

Keeping in mind the growing significance of the India market for its global operations, RHI Magnesita has established the GSS in the country to provide a comprehensive range of services in four key processes - Attract to Grow (ATG), Procure to Pay (PTP), Order to Cash (OTC), and Record to Report (RTR).

Announcing this, Ian Botha, Global CFO, RHI Magnesita, said, “The Indian economy is going through transformational growth. We are turbo charging our growth in the country by integrating two recently acquired Indian refractory companies with RHI Magnesita. By doing so, we have positioned ourselves as the leading refractory player in India with an unrivalled product range, plant footprint and reach to service our customers in India and the larger region of West Asia, Africa. It was a natural choice for us to set up the Shared Services centre in India to support the business with processes and standards that are consistent with our group’s Global business processes.  This will enable us to further improve our service quality to customers, and it is in line with our long-term strategic objective of developing India as a key refractory manufacturing, R&D and services hub.”

Starting with a team of 53 skilled professionals, the centre will cater to the company’s India operations initially. In phase 2, which will commence in coming weeks, the centre will extend its services to support the India, West Asia, and Africa regional operations including that of the recent acquisitions made by the company in India. In a subsequent third phase, the GSS - India will be elevated to service certain activities for RHI Magnesita's growing global business which spans over 125 countries. It will do so in collaboration with the other four GSS hubs which will continue.  For this centre, RHI Magnesita onboarded KPMG as its strategic project partner.

Expressing his enthusiasm on the opening of the India GSS, Mr. Parmod Sagar, MD & CEO of RHI Magnesita India, said, "The establishment of the GSS in Gurugram represents a significant milestone for RHI Magnesita India. This will enable us to enhance operational efficiencies and provide world-class support to our local and global operations. It also reaffirms our strong belief that India has exceptional young talents who are capable to serve Global businesses in a sustained and scalable manner.”

Echoing RHI Magnesita's commitment to flexibility and talent empowerment, about 60% of the GSS staff currently operate from the base location in Gurugram, while the remaining 40% work remotely from various RHI Magnesita plants and office locations across India. This approach ensures seamless collaboration and synergy between teams, strengthening the company's capability to deliver value to its customers and stakeholders. At present, RHI Magnesita GSS - India boasts a young and vibrant workforce, with round 70% of its staff aged under 40, reflecting the company's commitment to fostering a culture of innovation, agility, and inclusivity.

Adding to this Aneta VanDenKieboom, Global Head of Shared Services at RHI Magnesita said, “As a young, shared service centre, we take pride in fostering a dynamic work environment and empowering our talented professionals to deliver exceptional results.  With the future scaling up of GSS-India, we also aim to expand our workforce and further our ambition to add skilled and talented colleagues across all processes and levels."

About RHI Magnesita

RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves customers around the world, with around 15,000 employees in 47 production sites, 7 recycling facilities and more than 70 sales offices. RHI Magnesita intends to build on its leadership in revenue, scale, product portfolio and diversified geographic presence to expand further in high growth markets.

The Group maintains a premium listing on the Official list of the London Stock Exchange (symbol: RHIM) and is a constituent of the FTSE 250 index, with a secondary listing on the Vienna Stock Exchange (Wiener Börse). For more information visit: www.rhimagnesita.com

Dinesh Gundu Rao Launches Free Pink Ambulance Services And free mammography Program To 100 patients At Nagawara

* Sri. Dinesh Gundu Rao, Health Minister, Government of Karnataka, launches Free Pink Ambulance Services and free mammography program to 100 patients (BPL cardholders) at Nagawara, North Bengaluru

Sri. Dinesh Gundu Rao, Health Minister, GOK,  launched Free Pink Ambulance Services and free mammography program for 100 patients (BPL cardholders) at ONE POINT CHRIS AMERICAN HOSPITALS at Nagawara, Bengaluru on the occasion opening of the Radiology Department, specialized medical and surgical departments at One Point Chris American hospitals Nagawara.

Speaking to the reporters Honorable Health Minister Sri. Dinesh Gundu Rao  After the inauguration of the radiology department and launch of the pink ambulance lauded the initiative taken by the hospital for the poor and needy free mammography to 100 patients having BPL cards and FREE Pink ambulance services to  WOMEN within a 5 km radius pick and drop from the hospital location in the north Bangalore and congratulated Dr. Robert Christopher, chairman at one point Chris American hospital.   

Dr. Robert Christopher, chairman at one point Chris American hospital thanked the honorable minister taking his precious time and launched the above program. Dr. Christopher further added that he is planning to invest around 1000 crores to make 10 more hospitals in and around Bangalore and Chennai, coming up with high end state of the art medical equipments. Dr.  Suresh kumar and Mr.  Haridasan pillai are the main investors who hail from India and settled in USA at Dallas Texas city for more than 40 years.

Dr. Bhimashankar Guled IPS, DCP-East zone, Bengaluru city. Rajesh Lilothia, AICC Chairman Sc Dept, USA, Shibu Joseph ,Saji Joseph

Dr. Ravi Rathod CEO

 Anchor RJ Rashid Ex Radio Jockey (RJ), Haridashan pillai CPA, USA, Dr. Suresh G Kumar, Chairman one point, Dr. Prakash, Medical Director, Chris American hospital, and staff of Chris American hospitals were present at the event.

HDFC International Life & Re, IFSC Branch & HDFC AMC International (IFSC) Announce New Global Propositions From GIFT City - IFSC

* HDFC Life International* will offer US Dollar denominated life and health insurance solutions for Non-Resident Indians (NRIs) and the global Indian diaspora.

* HDFC AMC International (IFSC) Limited will offer fund management and advisory solutions and be positioned as HDFC AMC’s offshore hub.

* Two of the HDFC Bank group companies are set to commence operations from GIFT City – IFSC.

*  HDFC International Life and Re, IFSC Branch

HDFC Life, one of India’s leading insurers has announced that the overseas branch of its international subsidiary HDFC International Life and Re, will now offer US Dollar denominated life and health insurance solutions for Non-Resident Indians (NRIs) from GIFT City – IFSC, India under the brand name HDFC Life International.

HDFC Life International will cater to NRIs and the global Indian diaspora, offering insurance solutions with world-class features that are not limited by borders. Most importantly, these products can be purchased using foreign currency such as the US Dollar. The full range of solutions offered by HDFC Life International includes products that address an individual’s financial needs related to Savings, Health and Retirement.

The first product – “US Dollar Global Education Plan”, is now open for enrolment and is designed to help parents build a US Dollar denominated corpus to meet future expenses for their child’s overseas education. This product aims to eliminate any future mismatch between the currency of investment and the currency of expenses. 

HDFC International Life and Re, operational since January 2016 is a wholly owned subsidiary of HDFC Life. It is based in the Dubai International Financial Center (“DIFC”), Dubai, United Arab Emirates and is regulated by the Dubai Financial Services Authority (“DFSA”). The overseas branch at GIFT City – IFSC has received requisite approvals and grants of registration from the International Financial Services Centre Authority (“IFSCA”), the unified regulator at GIFT City – IFSC. Bespoke and innovative foreign currency denominated life and health insurance products and solutions have been created after carefully examining the insurance needs of global Indians and NRIs. These products will be made available under the aegis of the “HDFC Life International” brand, through the newly launched website, www.hdfclife-international.com. This easy-to-navigate and informative website carries glimpses of the first product, a guide for busy parents to plan for their children’s education, a comprehensive education calculator, pre-packed offerings, upcoming product segments, seamless servicing options and the provision to reserve seats for new offerings, among others. The aim is to support long term planning by parents in a meaningful manner.

Products will be available online for enrolment and customers can avail a smooth service experience, aided by international experts on call. These multi-currency life and health insurance product and solutions from GIFT City will complement the existing suite of INR products offered by HDFC Life, thus widening the available choices for its prevailing and new customers.

HDFC AMC International (IFSC)

HDFC AMC had announced the set-up of its wholly owned subsidiary HDFC AMC International (IFSC) Limited at International Financial Services Centre (IFSC). This is a strategic move to expand the global outreach and for opening up new markets for the products and services managed / offered by HDFC Asset Management Company Limited. HDFC AMC International (IFSC) Limited is registered with IFSCA as “Fund Management Entity (Retail)” to carry out investment management, investment advisory and portfolio management services activities from GIFT City – IFSC.

As part of the initial product rollout, HDFC AMC International (IFSC) Limited proposes to launch 6 (six) Funds which would feed into different HDFC Mutual Fund schemes covering strategies on equity (across market capitalization) and hybrids. The underlying domestic schemes for these strategies have an aggregate average AUM in excess of USD 20 billion (as of July 2023). The setting up of these products provides a convenient and viable route for global investors to access its India investment solutions. Global investors thus stand to gain from the long and distinguished track record of HDFC AMC, the capabilities of its large and established investment team and its disciplined process driven investment approach. The initial focus would be on global institutional investors looking at India investment solutions.

As HDFC AMC International (IFSC) Limited expands its offering, it will provide options for both onshore investors (under LRS / OPI route) and offshore investors to invest in global strategies. These products will help resident investors supplement their domestic investments by addition of global allocation. It is the company’s endeavour to provide access to resident investors with best-of-class global managers with GIFT City as the gateway.

HDFC AMC International (IFSC) Limited will also provide portfolio management services to eligible global institutional investors who wish to invest through separately managed accounts. Over a period of time HDFC AMC International (IFSC) Limited intends to deepen its solutions with addition of products on alternate strategies including those on private assets. The aspiration is for HDFC AMC International (IFSC) Limited to become a one stop solution for all investment requirements from an offshore perspective, both for global investors (NRI, Indian diaspora and foreign) looking at India solutions and for Indian and offshore investors looking at global solutions.

Deepak Parekh, Chairman, HDFC Life and HDFC AMC commented on this milestone in HDFC Life and HDFC AMC’s journey and said, “We are delighted to share with our customers, investors and shareholders, our upcoming and novel foray from GIFT City, India. The unified regulator IFSCA has been constantly focusing on establishing India as a strong and stable international financial platform for the entire region and the global economy as a whole. With this association, we look forward to further contributing to the India growth story and to make world class foreign currency denominated insurance solutions available for NRIs and Global Indians through HDFC Life International and; Indian investment solutions available to global investors and global investment solutions available to resident investors through HDFC AMC International (IFSC) Limited”.

“Congratulating the newly established HDFC Life International and HDFC AMC International (IFSC) Limited in GIFT City, Shri Tapan Ray, IAS (Retd.) Managing Director & Group CEO, GIFT City said ''HDFC Life International’s presence as the first international insurer in GIFT City and HDFC AMC International (IFSC) Limited as HDFC AMCs offshore hub, is a resounding validation of our commitment to creating a hub for world class business infrastructure that caters to global and domestic financial enterprises. We highly value this association and are delighted to partner with the HDFC Bank Group towards making this venture a benchmark for future successes in the insurance domain''

Shri K Rajaraman, IAS, Chairperson, IFSCA commented “The IFSCA’s reputation as a hub for international financial activities continues to grow, attracting a diverge range of financial institutions. The IFSCA regulatory framework is designed to foster an environment of transparency, stability and innovation and holds immense potential and opportunities for the global financial community.”

Vibha Padalkar, MD & CEO, HDFC Life added, “HDFC Life celebrates the contribution made by the overseas Indian community towards the development of India. We are proud that our subsidiary, HDFC International Life and Re, is expanding its products and solutions from the branch at GIFT City - IFSC, India. These products will be suitable for NRIs and will deliver high quality life and health insurance solutions. We urge our distribution partners to come to GIFT City and partner with us on these offerings.”

Navneet Munot, MD & CEO, HDFC AMC commented “The establishment of HDFC AMC International (IFSC) Limited as the offshore hub for HDFC AMC further strengthens our commitment towards providing a wider platform for global investors to access our time tested and industry leading investment capabilities. It will also help us broaden the scope of our offerings by providing options for investors looking at global investment options. HDFC AMC International (IFSC) Limited would act as the bridge connecting global investors with Indian markets and Indian investors with global markets”.

About HDFC International Life and Re Company Limited

HDFC International Life and Re Company Limited ("HDFC International Life and Re") is the first life and health (re)insurer incorporated in the DIFC and is regulated by the DFSA. The Company has established HDFC International Life & Re, IFSC Branch (“HDFC Life International”), its first overseas branch located at Gujarat International Finance Tec (GIFT City) - IFSC, India to provide US Dollar denominated life and health insurance products and solutions to Indians globally.

HDFC International Life and Re, has been assigned long-term insurer public financial strength rating of “BBB” for now five (5) consecutive years.

* HDFC Life International is the IFSC Insurance Office (IIO) of HDFC International Life and Re. Co. Ltd. which is a wholly owned subsidiary of HDFC Life Insurance Co. Ltd."

For more information on HDFC Life International,  visit website at https://www.hdfclife-international.com

About HDFC AMC International (IFSC) Limited

HDFC AMC International (IFSC) Limited (“HDFC AMC IFSC”) is a wholly owned subsidiary of HDFC AMC and was incorporated in May 2022 as a public limited company under the Companies Act, 2013. HDFC AMC International (IFSC) Limited is registered with IFSCA as “Fund Management Entity (Retail)” to carry out investment management, investment advisory and portfolio management services activities from GIFT City – IFSC. HDFC AMC IFSC is positioned as HDFC AMC’s offshore hub and will provide both Indian investment solutions for global investors and global solutions for offshore and Indian investors.

HDFC Asset Management Company Limited (HDFC AMC), incorporated in 1999 is the Investment Manager to HDFC Mutual Fund, one of the largest mutual funds in the country with closing AUM of Rs 5 trillion as on June 30, 2023.

The Company offers a comprehensive suite of savings and investment products ranging from mutual funds, including both actively managed and passive options, to portfolio management services and alternative investment opportunities catering to the needs of a large and diverse customer base.

HDFC AMC proudly serves a mutual fund customer base of 7.1 Mn unique individuals, with a total of 12.2 Mn live accounts. The Company has a vast network of 229 branches, over 75,000 distribution partner and modern digital platforms, enabling it to serve clients across India.

For more information,  visit the company’s website at https://www.hdfcfund.com/

 

 

HCLFoundation Plants 47,000+ Saplings Across India To Support A Sustainable Planet

HCLFoundation, which delivers the corporate social responsibility (CSR) agenda of HCLTech in India, announced it planted 47,000+ saplings of different native species across India to mark the 47th anniversary of the HCL Group.  

The mega plantation drive was organized in Chennai, Madurai, Bengaluru, Coimbatore, Lucknow, Vijayawada, Nagpur, Hyderabad, Hardoi, Thoothukudi, North and South 24 Paraganas and Noida. HCLTech employees, their family members, NGO partners, community volunteers, school students and women’s groups participated in the planting activities at government schools, forested areas, HCLTech campuses and designated lands dedicated to mass afforestation.  

HCLFoundation has planted over 1.45 million saplings to date across the country in collaboration with various stakeholders and local communities. This is in line with HCLTech’s overall CSR objectives of contributing to socio-economic and environmental advancement while adhering to the eight National Missions of the Government of India’s National Action Plan for Climate Change and the United Nations Sustainable Development Goals. 

 “We are committed to supercharging progress towards climate action. We are proud of the active participation from our employees, partners, women groups, students and community members, whose support has been instrumental in making this plantation dr
ive a grand success,” said Dr. Nidhi Pundhir, Vice President, Global CSR, HCLFoundation. 

About HCLTech 

HCLTech is a global technology company, home to more than 223,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending June 2023 totaled $12.8 billion. To learn how we can supercharge progress for you, visit hcltech.com.  

Prestige Group Is Unveiling Its Largest Residential Development In Whitefield, Bengaluru

Prestige Group, country’s leading real estate developer with a portfolio of more than 250 delivered properties across 7 cities, has announced the launch of Prestige Park Grove – a large residential township in Bangalore.

Located in Whitefield, the IT Hub of the city, Prestige Park Grove is a community of 3627 splendid apartments and 88 opulent villas. These magnificent residences, designed with the discerning homeowner in mind, combine cutting-edge architecture, world-class amenities, and an unrivalled location to provide the ultimate urban living experience.

Prestige Park Grove has more than 20 Acres of green spaces, providing its residents a serene refuge away from the hustle and bustle of daily life. The project is located 3 kilometres from the Whitefield (Kadugodi) Metro Station, which allows convenient access to the CBD and the rest of the city. Furthermore, it is only a 15-minute drive from major commercial hubs, shopping complexes, and entertainment venues.

Commenting on the launch, Mr. Irfan Razack, CMD, Prestige Group said, “Embarking on a journey that resonates with innovation and excellence, we are thrilled to introduce our latest project that embodies the pinnacle of residential development. This endeavour not only reshapes the landscape of quality and craftsmanship, but also demonstrates our unwavering dedication to providing experiences that exceed expectations. We want our customers to benefit from the confluence of innovative design, rigorous attention to detail, and a legacy of unsurpassed excellence through this project.”

Renowned actor Yash adds his star power to the excitement as he joins the grand unveiling of the Prestige Park Grove launch, creating a buzz among fans and real estate enthusiasts alike. His presence promises to elevate the event, bringing together the world of entertainment and luxury real estate.

Prestige Park Drive offers superbly planned homes ranging from one to four bedrooms, making it an ideal choice for individuals and families of all sizes. The project is a 71-acre residential property with a variety of dwelling options for home buyers ranging from efficient 1-bedroom apartment to spending 2 and3-bedroom apartments and up to luxurious 4-bedroom units. Each unit has superior finishes and modern designs that have excellent sunlight and ventilation. The wide windows offer breath-taking views of the metropolitan skyline, while expansive living rooms and private balconies provide an unsurpassed sense of luxury.

There will be 3627 apartments in 19 high-rise towers, and the project will also include a villa enclave with 88 premium independent villas. Prestige Park Grove residents will have access to 2 clubhouses and a cultural centre totalling to over 1,50,000 square feet of state-of-the-art indoor amenities spaces. It will have both regular and lagoon swimming pools, a fully-equipped gymnasium, guest rooms, and a bowling alley. The complex will also provide residents with a plethora of outdoor amenities spread across more than 20 acres of green and open space, assuring a well-rounded living experience.

Prestige Park Grove is poised to become landmark development in the city, thanks to its scale, remarkable design, world-class amenities, and strategic location.

About Prestige Group

Prestige Group, one of the leading real estate developers in the country, has a legacy of almost four decades in real estate development. It has diversified business model across various segments, viz Residential, Office, Retail, Hospitality, Property Management and Warehouses with operations in more than 12 major locations in India. The Group has completed 281 projects spanning a developable area of 166 mn sqft. and has 57 ongoing projects across segments, with a total developable area of 77 mn sqft. Further, it is planning 44 projects spanning 97 mn sqft and holds a land bank of over 680 acres as of Mar-23. The company has been graded CRISIL DA1+ by CRISIL and enjoys a credit rating of ICRA A+.

SANY India Delivers “8 Units of SCC7500A, One Of The Biggest Crawler Cranes” In India, To Sanghvi Movers Limited

SANY India, a leading manufacturer of construction equipment, reached a significant milestone by delivering “8 units of the SANY SCC7500A 750 Ton crawler cranes”, in the first quarter of financial year 2023-24, to Sanghvi Movers Limited, (SML) one of the largest crane rental company in India and 6th largest globally in terms of its fleet size With delivery of these 8 Units of Sany SCC7500A, 750 Ton Crawler Cranes, SML now owns 10 Units of these cranes which is the largest fleet of Sany Cranes owned by any company across world.  

This delivery strengthens SML’s position as the largest Hoisting Solutions Company in India, with a fleet of 45 SANY crawler cranes, truck cranes and all-terrain cranes available as rental solutions for core infrastructure projects across multiple sectors.  

A formal function was held on 8th July 2023 at The Ritz Carlton, Pune where senior executives from SANY India and Sanghvi Movers Limited were present. The keys for SANY SCC7500A 750 Ton crawler cranes were handed over to Sanghvi Movers Ltd. The event was attended by Mr. Deepak Garg, Managing Director, SANY India & South Asia, Mr. Dawson Zhu, Executive Director, Mr. Dheeraj Panda, Chief Operating Officer (Sales, Marketing & Customer Support) at SANY India & South Asia, and Mr. Rishi Sanghvi, Managing Director, Mr. Sham Kajale, Joint Managing Director & CFO, Mrs. Mina Sanghvi, SML group promoter, and Mrs. Maithili Sanghvi, Non-executive Women Director from Sanghvi Movers Limited.  

In his statement at the event, Mr Deepak Garg, Managing Director, SANY India & South Asia, said, “Our association with Sanghvi Movers has come a long way. Earlier in 2022, we delivered 4 units of the SCC8000A, India's Largest Crawler crane of 800-tonne, to Sanghvi Movers Limited, and continuing their trust in us this year, we are delivering 8 more units of the SANY SCC7500A, a 750-tonne crawler crane. We are honoured to be their trusted partners and stand committed to delivering them top-quality equipment that ensures exceptional safety, reliability, and durability under the most challenging conditions found at different working sites. 

He further added, "We cherish this association and look forward to further strengthening our partnership in the years to come. Together, we are determined to surpass expectations, drive innovation, and set new benchmarks in the realm of construction equipment. Our shared goal is to empower India's infrastructure growth and make a lasting impact on the nation's progress." 

Mr. Rishi Sanghvi, Managing Director, Sanghvi Movers Limited, said,  

"We are immensely grateful to SANY India and Mr. Deepak Garg & his team for their unwavering support and trust in Sanghvi Movers. Sanghvi Movers is the leading hoisting champion in India for the last 34 years. Therefore, at Sanghvi Movers, credibility, reliability, durability and safety are paramount. These new crawler cranes will enable us to excel even in the most challenging working conditions and fulfil the diversified demands of our customers. 

Our cherished association with SANY India is a testament to our shared dedication to driving innovation and setting new industry benchmarks. Together, we are steadfast in our commitment to empowering India's infrastructure growth and contributing to the nation's progress." 

The SCC7500A is a 750-ton lifting capacity crawler crane, designed to excel in wind energy and non-wind energy applications (such as Cement Sector, Petro-Chemicals & Refinery, Steel Plants & Power Plants), with a maximum boom length of 108 meters and a maximum luffing jib combination of 96 meters + 96 meters,. SANY India’s crawler cranes offer excellent reliability and the highest operational efficiency, along with technological innovations, maximum safety, stability, and flexibility in all operating environments. The SCC7500A has a maximum lifting moment of 10,000 ton-meters and is equipped with a highly powerful and efficient Cummins engine with a rated power of 447kW/1800rpm. This crawler crane can be configured with various boom combinations, depending on the application requirements. Currently, the crane is deployed at a wind power project in Jamnagar, Gujarat.