Tuesday, November 28, 2023

Ashwin Sheth Group Unveils Kandivali's One Of The Tallest Mixed-Use Developments


‘EDMONT Aurelia’

~        Launches 15th iconic landmark in Kandivali

~        A 51-Story Residential Marvel Integrating Modernity, Green Spaces, and Unparalleled Amenities

The Ashwin Sheth Group, a veteran leader in real estate luxury development, unveils its 15th project in Kandivali, ‘EDMONT’ along with a joint venture with K Hemani. Spanning over 2.02 acres, this mixed-use development has integrated retail spaces and nestled in Kandivali West is adorned with a 51-story skyscraper. Comprising three meticulously crafted towers, EDMONT Aurelia will be launching in the first phase and offers spacious 2,3 BHK and Jodi flats (2BHK and 2 BHK) starting from 761 Sq. Ft at Rs.2.09 crores onwards.

EDMONT distinguishes itself as a haven of recreational activities, emphasizing expansive open spaces, verdant greenery, and meticulous planning across 60% of its area, situated near the serene Manori Creek. This project exemplifies the Ashwin Sheth Group's unwavering commitment to excellence, embodying the company’s vision of transcending conventional boundaries to offer residents a lifestyle seamlessly blending modernity and comfort.

Expressing his vision for the launch, Mr. Ashwin Sheth, Chairman and Managing Director, Ashwin Sheth Group, said, "EDMONT is more than just a residential project; it's a transformational journey for Kandivali. We are committed to elevating Kandivali into an upmarket suburb in Mumbai. Our focus is on creating a superior lifestyle and curated amenities to enhance lifestyles. We are excited to fulfil the aspirations of homebuyers by providing spacious and expansive homes.”

EDMONT, the epitome of opulent living, presents a selection of more than 25+ best-in-class amenities, meticulously curated to foster an atmosphere of unparalleled luxury and well-being. Nestled in a strategic location with seamless access to South Mumbai via S.V. Road and Link Road, EDMONT stands as a premier residential and lifestyle hub designed to cater to the diverse needs of discerning homebuyers. The location is well-connected to major commercial hubs like Malad, Goregaon, and Andheri. With its strategic location, evolving infrastructure, and potential for growth, Kandivali is poised to continue its ascent as one of Mumbai’s most coveted residential areas.

The project seamlessly integrates nature into its design, offering residents a tranquil escape amidst the city's hustle and bustle. Renowned for contemporary design, superior construction quality, and meticulously planned landscapes in each project, the Ashwin Sheth Group returns to Kandivali with EDMONT and sets a new benchmark in luxury living experience. 

To know more about the project, visit: https://www.ashwinshethgroup.com/portfolio/edmont/

The project has been registered via MahaRERA registration number: Edmont Aurelia - P51800053546 

Step Into The Future of Home Safety With Goldmedal’s i-Secure 18 Wi-Fi Video Door Phone


~Upgrade Home Security and safety with i-Secure 18 Wi-Fi Video Door Phone~

Goldmedal Electricals, a leading consumer electronic brand introduced the latest product on home security solution the i-Secure 18 Wi-Fi video door phone. This product offers a unique experience that enhances home security and well-being with advanced technology.

i-Secure 18 Wi-Fi Video Door Phone blends advanced surveillance capabilities with mobile phone compatibility, significantly enhancing home security. Equipped with high-resolution cameras, this device provides clear and detailed footage. Its motion detection technology alerts homeowners of any activity, ensuring vigilant monitoring. Additionally, this door phone can be controlled and accessed conveniently through smartphones.

Commenting on the launch of i-Secure 18 Wi-Fi Video Door Phone, Bishan Jain, Director, Goldmedal Electricals, said, “At Goldmedal Electricals, we are committed to the safety of living spaces. The i-Secure 18 Wi-Fi Video Door Phone, equipped with advanced features for home safety and real-time monitoring, represents a pivotal step in this direction. With the launch of this advanced solution, we aim to enhance the security and overall well-being of homes.”

The global door phone market size to be valued at USD 5.1 billion by 2025 and is expected to grow at a compound annual growth rate (CAGR) of 5.7% during the forecast period. Growing safety concerns in residential and commercial spaces due to the access of unauthorized persons is raising the demand for safety devices such as door phones. It not only increases home security but also offers great convenience when integrated with the access control system.

Other features of the i-Secure 18 Video Wi-Fi Door Phone include:

·         Wi-Fi Door Phone – A Wi-Fi door phone is a device designed to see and communicate with the visitors at your door through your smartphone or other connected devices, regardless of your physical location

·         Monitoring System - A system or device has the capability to monitor and observe an area, typically through the use of cameras or other surveillance equipment

·         No indoor unit – Install the Wi-Fi door phone kit and no need to install an indoor unit to talk to the visitor. Any person ringing the bell will be visible on your mobile phone and you can talk or verify the visitor through your phone itself

·         Separate Chime - A separate chime in a video door phone system, also known as a wireless chime or an external chime, is an additional component that can be paired with the main video doorbell unit. This separate chime serves as an auditory alert mechanism inside your home

This product is available both online and in retail stores at a price of Rs. 13300/-. The i-Secure 18 Wi-Fi Video Door Phone comes with a warranty of 12 months.

About Goldmedal Electricals

Goldmedal Electricals is a home-grown electrical company which was established in the year 1979 with a vision to create electrical switches and accessories that make a positive difference to the lives of consumers. The company is known in the industry for manufacturing high quality wiring devices and introducing a host of innovations in the industry. The company has manufacturing units in Vasai outside Mumbai, Bhiwadi in Rajasthan, and Vijayawada in Andhra Pradesh. It is one of the few companies in the industry to have a completely in-house, state-of-the-art tool room and testing facility. Today, the company manufactures a vast range of electrical products including various types of Switches, Home automation systems, LEDs, Fans, Security Systems, Entertainment devices, Doorbells, Wires, Cables, DBs and more for residential buildings as well as commercial establishments.

The Federation of Automobile Dealers Associations (FADA) Released Vehicle Retail Data For 42 Days Festive Period


Festive Period Retails 

Commenting on Festive Period Retails, FADA President, Mr. Manish Raj Singhania said, "During the 42-day festive period of FY2023 (which starts on 1st day of Navratri and ends 15 days post Dhanteras), we reached a new milestone with vehicle sales climbing to 37.93 lakh, a 19% increase from last year's 31.95 lakh. 

Significant growth was observed in the two-wheeler, three-wheeler, commercial vehicles and passenger vehicles, with respective rises of 21%, 41%, 8%, and 10%. Conversely, the tractor segment experienced a slight decline of 0.5%. 

Record-breaking sales were reported in several categories, with rural areas particularly contributing to the surge in two-wheeler purchases. Despite initial underperformance during Navratri, particularly in the passenger vehicle sector, the situation improved by Deepawali, ending with a 10% growth rate. While SUVs were the highest demanded vehicles, inventory levels for passenger vehicles remain a significant concern as OEMs continue to push further dispatch thus keeping the inventory rate at near to all time high levels. 

Tractors, which saw an 8.3% decrease in sales during Navratri, made a remarkable recovery, ending the festive period with only a 0.5% decrease. This turnaround highlights the robust purchasing power in rural India." 

Source: FADA Research 

Disclaimer: 

The above numbers do not have figures from TS & LD. 

Vehicle Retail Data has been collated as on 27.11.23 in collaboration with Ministry of Road Transport & Highways, Government of India and has been gathered from 1,355 out of 1,442 RTOs. 

42 days festive period ranges from 1st day of Navratri to 15 days post Dhanteras due to time lag for vehicle registration 

  Festive'23 – 15th Oct'23 - 25th Nov'23 

  Festive'22 – 26th Sep'22 - 6th Nov'22 

Blue Dart Celebrates “40 Years of Excellence With Nationwide Expansion”


Blue Dart Express Ltd., South Asia's premier express air, integrated transportation, and distribution company, celebrated its 40th anniversary. This momentous occasion was marked by the inauguration of 40 new Franchisees and Company-Owned Retail Stores. Additionally, 40 new Express Sales Associates and Regional Service Participants were introduced across the country in both formats, covering the length and breadth of the nation. 

Since its inception Blue Dart has been at the forefront of providing unparalleled logistics solutions in India. Over the last four decades, the company has consistently demonstrated a commitment to excellence, innovation, and customer satisfaction. Blue Dart's journey has been marked by a continuous evolution, shaping the logistics landscape, and contributing substantially to the nation's trade ecosystem. 

Strategically positioned in key cities such as Kolkata, Asansol, Delhi, Agra, Gurugram, Hyderabad, Bangalore, Gandhinagar, Katni, Nainpur, Mumbai, Aurangabad, Bhiwandi, and Indore, this expansion indicates a significant step towards strengthening Blue Dart's connectivity across the nation.  

With this expansion, the company has rapidly increased its footprint with over 100+ new stores this year, enabling customers to ship to more than 56,000 locations across the country. Collaborating with DHL, Blue Dart boasts a network of over 700+ retail stores throughout India, providing a reliable, resilient, and responsive service that ensures swift delivery and expanded direct access to all pin codes nationwide.  

Balfour Manuel, Managing Director, Blue Dart, states, “Blue Dart is strategically expanding its footprint by adding new stores. This move aims not only to enhance customer convenience but also to fortify last-mile logistics in remote corners of the country.”  

As Blue Dart celebrates 40 years of excellence, the company looks forward to continuing its legacy of 'Connecting People, Improving Lives.' This milestone underscores Blue Dart's commitment to being the nation’s trade facilitator.  

About Blue Dart Express Ltd: 

Blue Dart Express Ltd., South Asia's premier express air and integrated transportation & distribution company, offers secure and reliable delivery of consignments to over 56,000+ locations in India. Blue Dart is a provider of choice for its stakeholders due to its customer centric approach and aims to further strengthen this partnership. As part of DHL Group’s DHL eCommerce division, Blue Dart accesses the largest and most comprehensive express and logistics network worldwide, covering over 220 countries and territories, and offers an entire spectrum of distribution services including air express, freight forwarding, supply chain solutions, customs clearance etc. 

The Blue Dart team drives market leadership through its motivated people, dedicated air and ground capacity, cutting-edge technology, wide range of innovative, vertical specific products and value-added services to deliver unmatched standards of service quality to its customers. Blue Dart's market leadership is further validated by its position as the nation’s most innovative and awarded express logistics company for exhibiting reliability, superior brand experience and sustainability which include recognition as one of ‘India's Best Companies to Work For’ by The Great Place to Work® Institute, India, ranked amongst ‘Best Multinational Workplaces in Asia’ by The Great Place to Work® Institute, Asia, voted a ‘Superbrand’ and ‘Reader’s Digest Most Trusted Brand’, listed as one of Fortune 500’s ‘India's Largest Corporations’ and Forbes ‘India's Super 50 Companies’ to name a few. Blue Dart’s Diversity and Inclusion initiatives have also led to it being recognized as one of India’s ‘Best Workplaces for Women’ in 2021 and ‘Best Organisations for Women’ in 2022 by the Economic Times. 

Blue Dart fulfils its social responsibility of climate protection (GoGreen), disaster management (GoHelp) and education (GoTeach) through its GoPrograms. 

Beauty Products Witness A Whopping 51.5% Rise In Sales During Diwali 2023 vs 2022, Reveals Assiduus Global Inc.


* The category emerged as top favorite among younger customers with 47% sales from the 18 to 24 years age group, followed by 21.27% from 35 to 44 years

Assiduus Global Inc., a leading global AI powered cross-border e-commerce accelerator for D2C brands reported that electronics, lifestyle, and beauty products emerged as the most sought-after segments during the recent festive shopping trends. Mobile phones, adaptors, and earpods were the top-selling products in the electronics category with brands like Redmi, OnePlus and Boat taking the lead. In the lifestyle and beauty segment, face & body creams emerged as top sellers with brands like L'oreal, Nivea and Himalaya gaining prominence.

Beauty products witnessed a remarkable growth of 51.51% as compared to last year. The category also emerged as the top favorite among the younger demographic with a significant 47% sales contribution from the 18 to 24 years age group, followed by 21.27% from 35 to 44 years. When it comes to regional contribution, Kerala topped the list followed by Karnataka, and Maharashtra. Kerala displayed a 118% increase in orders compared to Karnataka on Flipkart, showcasing the potential for skincare brands across regional markets. This year, more people are spending time checking out beauty products compared to last year. There's been a 30.43% increase in the number of shoppers looking closely at product details.

While not in the top 3 categories, the platform witnessed a 86% surge in new shoppers for healthcare and nutrition products in 2023 compared to just 26% in 2022. This is a clear indication of the seismic shift being observed in the healthcare and nutrition segment in the country, with Indian users making more health conscious choices. There is greater awareness and demand for innovative products, with the willingness to spend more on products that can help consumers achieve health goals. The health supplement category which had witnessed a substantial 28% increase in cost per click in 2022, witnessed a 31.40% surge in 2023, underscoring the competition among brands vying for limited space within marketplaces.

Brands listed on Assiduus’ platform saw great discounts averaging up to 40%, further increasing the festive shopping fever as consumers are more likely to participate in shopping activities when presented with discounts, especially during festive seasons. Indian shoppers tend to adjust their shopping habits according to seasonal trends and discounted deals. There was a noticeable decline in interest towards exploring products on marketplaces, with a decrease of 30.26% in marketplace searches. There was also a 18.10% reduction in conversions after the sales event, indicating fewer people made purchases.

During the festive rush, higher sales highlighted an ongoing challenge related to delivery times, which significantly contributed to product returns. However, Assiduus managed to achieve a quick 2-day Turnaround Time by optimizing warehouses and refining processes offering shoppers a more hassle-free shopping experience.

Dr Somdutta Singh, Founder & CEO, Assiduus Global Inc., said, "India continues to be absolutely phenomenal when it comes to online shopping and increase in new shoppers. Embracing online shopping as the new norm, the Indian e-commerce sector is poised for remarkable expansion. Projections by Redseer anticipate a significant compound annual growth rate (CAGR) of 27 per cent, propelling the industry to a staggering $163 billion valuation by 2026.  These forecasts closely align with the observed trends on our platform, reflecting the increasing preference for online shopping among Indians. We have witnessed a sharp surge in our sales across healthcare and nutrition products led by Gen Z and Millennials indicating that the digitally savvy generation is dominating the online shopping space in India. We have also seen an exponential rise in sales from Tier 2 and 3 cities in India. The evolving scenario of e-commerce in India, as revealed by these statistics, presents a landscape teeming with promise and expansion. The increased engagement of younger generations and the rising interest from smaller cities are pivotal indicators, showcasing the broadening acceptance and accessibility of online shopping across diverse demographics and geographies."

About Assiduus Global Inc:

Assiduus Global Inc is one of the prominent and dynamic players in the realm of technology driven cross-border E-commerce (supply chain and distribution) accelerators. On the back of their technology driven solutions, they have enabled Fortune 500 corporations and international small to medium-sized enterprises (SMEs) specializing in direct-to-consumer (D2C) brands to expand their operations across more than 20 countries and access over 12 marketplaces. Additionally, Assiduus also offers global shopify fulfillment services through their advanced end-to-end distribution and supply chain platform, powered by exclusive and patent-pending technology. In collaboration with an impressive portfolio of over 100 brands, they rank among the select few PAT-positive companies. Since its inception, the company has seen remarkable growth of over 2000%. Assiduus has been ranked No. 8 in Deloitte's list of rapidly emerging tech-enabled enterprises and in Forbes India’s Top 200 Companies at the prestigious Forbes India-D Globalist Entrepreneur Mobility Summit 2023 (DGEMS).

Visit Assiduus Global Inc. | https://www.assiduusglobal.com/

Monday, November 27, 2023

Waaree Energies Supplies 850 MW Solar PV Modules To Acciona Energia For Four Projects In Texas, Ohio And Illinois


* Waaree Signs Three-Year Deal With Acciona To Supply An Additional 1.5 GW Solar Modules For US Installations Through 2026

* Waaree has now supplied more than 4 GW of solar modules to the US in 2023

Waaree Energies Limited, a leading global renewable energy company, has announced it has successfully supplied 850 MW solar PV modules for projects under development in the U.S. by Acciona Energia, a Spain based renewable energy leader that operates more than 1 GW of solar, wind power and industrial-scale energy storage projects in the U.S. The companies also announced a three-year agreement in which Waaree – a major provider to the U.S. market - will supply another 1.5 GW of solar modules to Acciona for additional U.S. projects from 2024-2026. In supplying 850 MW solar PV modules, Waaree delivered its monocrystalline passivated emitter and rear cell panels for four major solar projects: 56 MW in Fort Bend (Texas); 129 MW in High Point (Illinois); 288 MW in Union (Ohio); and 375 MW in Red Tailed Hawk Solar (Texas) projects.  With these successful deliveries, Waaree has now supplied more than 4 GW of solar modules to customers in the United States in 2023.  

Waaree delivered the modules four weeks ahead of schedule, enabling Acciona to meet its project commercial operation date timelines. In line with Waaree’s commitment toward ensuring the appropriate standards of product quality and performance, the solar modules supplied for the projects have undergone internal and third-party quality testing.  Under the terms of the three year supply agreement, Waaree Energies will supply Acciona with an additional 1.5 GW of its N Type TOPCON modules for Acciona’s projects in the United States from 2024 to 2026. A total of 2.34 GW of order is to be delivered, out of which Waaree Energies has already delivered 850 MW.

Sunil Rathi, Director of Sales, Waaree Energies, India said: "We are delighted to be a trusted partner to Acciona Energia. With successful deliveries of solar PV modules for projects such as High Point, Fort Bend, Union, and Red Tailed Hawk, Waaree Energies Limited has established itself as one of the reliable solar modules suppliers operating in the US market. At a time when the U.S. solar sector has faced supply chain challenges, Waaree has showcased its ability to deliver reliable module supplies while demonstrating a commitment toward maintaining product quality standards. We look forward to contributing to the clean energy transition across the United States and other global markets." 

Rafael Mateo Alcalá, CEO of Acciona Energía, said: “We are thrilled to announce the successful completion of a significant milestone in our partnership with Waaree Energies. This collaboration has been pivotal in achieving the supply of 850 MW solar PV modules for Acciona Energia's major projects in the United States. Waaree's commitment to excellence is evident in the delivery of its high-performance. This achievement not only underscores the strength of our collaboration but also reinforces our dedication to advancing sustainable energy solutions. We look forward to continuing this successful journey with Waaree Energies as we strive to make significant contributions to the renewable energy landscape in the U.S.”

The U.S. solar market has seen an average annual growth of 24% over the past 10 years, according to the Solar Energy Industries Association (SEIA), and that growth is expected to continue. In the first half of 2023, solar comprised 45% of all new generating capacity. 4.4% of single-family homes in the U.S. have solar PV systems installed, and that is expected to grow to 15% by 2030, per an analysis of government research by USA Facts. 

A celebratory event was held to commemorate the successful completion of the supply of 850 MW solar PV modules, attended by representatives from the senior management teams of Waaree Energies and Acciona Energia. 

About WAAREE Energies Ltd. 

Waaree Energies, the flagship company of the Waaree Group, was founded in 1989. It is one of the largest vertically integrated new energy solution providers and is India’s largest solar module  manufacturer with a capacity of 12 GW per year. With a legacy of over 33 years, Waaree Energies is a leader in providing one-stop solar solutions. Waaree has four state-of-the-art solar module manufacturing facilities and has a presence in over 388+ locations within India, the United States,     and 20 countries internationally. Making the earth a better place, every day. Since its inception, Waaree has supplied solar panels equivalent to planting approximately 360 million trees and contributedto the reduction of approximately 7.5 million tons of CO2 emissions. 

For more information, visit Waaree.com.  

About Acciona Energía 

ACCIONA Energía is the largest 100 percent renewable energy company with no fossil legacy in the 

world. It has 11.94GW of renewable energy and commercial operations in 20 countries. 

With 30 years of experience, ACCIONA Energía offers a complete portfolio of tailor-made energy solutions for its corporate and institutional clients to meet their decarbonization goals. ACCIONA Energía is committed to the highest environmental, social and corporate governance (ESG) standards. ACCIONA S.A., a leading global company in the provision of regenerative solutions for a decarbonized economy, is the reference shareholder of ACCIONA Energía. For more information, visit Acciona-Energia.com.  

Air India Express Gift-Wraps Discounts Of Up To 30% Off Across Its Network With Its ‘Christmas Comes Early’ Sale!


Air India Express launched its "Christmas comes Early" Sale, offering up to 30% off and domestic and international flights across major channels for bookings made till 30th November 2023 and for travel from 2nd December 2023 to 30th May 2024. Logged-in members get an extra treat with complimentary Xpress Ahead Services and zero convenience fees on the airline’s award-winning mobile app and website, airindiaexpress.com. The airline is offering fab deals on routes such as Bengaluru-Kochi, Bengaluru-Kannur, Bengaluru-Mangalore, Bengaluru-Thiruvananthapuram, Chennai-Thiruvananthapuram, Kannur-Thiruvananthapuram, and Bengaluru-Tiruchirappalli, along with discounted sale fares across its network. The airline recently launched a host of new routes connecting Hyderabad with Lucknow, Kochi and Amritsar.

Members of the Tata NeuPass Rewards Program also earn up to 8% NeuCoins, in addition to exclusive member benefits like exclusive deals on meals, seats, baggage, change and cancellation fee waivers and more. In addition to loyalty members, students, senior citizens, SMEs, dependents, and members of the armed forces can also avail special fares on airindiaexpress.com.  

Air India Express operates over 300 flights daily to 30 domestic and 14 international destinations with a fleet of 57 aircraft, comprising 29 Boeing 737s and 28 Airbus A320s. Air India Express recently unveiled its refreshed brand identity, inviting travellers to ‘Fly as You Are’ with digitally empowered personalisation offering a wide range of Gourmair hot meals, comfortable seating, in-flight experience hub AirFlix, and a suite of exclusive loyalty benefits.  The refreshed brand identity reflects the airline’s vision to inspire new possibilities and make meaningful connections with unmatched Indian warmth.  

About Air India Express 

Air India Express, New India’s Smart Connector, is a subsidiary of Air India and a part of the Tata group, operating over 300 flights daily, connecting 30 domestic and 14 international airports, with a fleet of 57 aircraft, comprising 28 Boeing 737s and 28 Airbus A320s. Air India Express invites guests with the proposition to ‘Fly As You Are’, using thoughtfully considered technology to enable flyers to personalise and take charge of their travel experience. The airline offers Gourmair hot meals, comfortable seats, pioneering in-flight entertainment AirFlix, and a host of exclusive loyalty benefits with a sense of unique Indian warmth, on its award-winning digital experience on its mobile app and website, airindiaexpress.com. 

In January 2022, Air India Express, together with Air India, was successfully privatised, with ownership returning to the Tata group that had initially founded Air India. 

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