30, Nov 2023
Genesys Awarded Two 2023 Global AWS Partner Awards

Bengaluru, November 30, 2023 — Genesys®, a global cloud leader in AI-powered experience orchestration, today announced it is a recipient of two 2023 Geo and Global AWS Partner Awards, recognizing leaders around the globe playing a key role in helping customers drive innovation and build solutions on Amazon Web Services (AWS).

Announced during a Partner Awards Gala at AWS re: Invent 2023, the Geo and Global AWS Partner Awards recognise a wide range of AWS Partners, whose business models have embraced specialization, innovation, and cooperation over the past year. Geo and Global AWS Partner Awards recognize partners whose business models continue to evolve and thrive on AWS as they work with customers.

In the face of evolving customer expectations, it’s increasingly complex for organizations to ensure that data privacy, security, regulatory, and reliability requirements are met while keeping up with the rapid pace of innovation they need to stay competitive. Through its use of 20 AWS Regions, the Genesys CloudTM platform enables more than 4,500 organizations in over 100 countries to orchestrate personalized experiences at scale to drive business outcomes and stronger customer and employee loyalty through the most innovative AI, automation, and digital technologies on the market.

“The power of the AWS and Genesys collaboration is what sets this us apart, bringing our joint clients and partners the transformative capabilities they need to deliver the best customer experiences in the world,” said Bernadette Wightman, Genesys senior vice president, worldwide partner, and alliances. “Using the global infrastructure of AWS, we’re putting Genesys Cloud within reach for even more organizations around the world. Receiving this recognition reaffirms the strength of our collaboration and the value that we’re bringing to our customers together.”

Dedicated to using its products for positive impact, Genesys has a goal to touch more than 100 million lives by 2030 through its work with nonprofits. Charitable organizations often run with lean budgets, limiting the resources they need to aid their communities daily. With the Genesys Charitable Offer, Genesys is enabling eligible charities to extend their reach by leveraging AI and automation. Now, these organizations can focus more on providing support and empathy to their communities — and less on figuring out how to stretch limited funding.

“We’re acutely aware every dollar spent on IT is a precious investment given the increased need for support services for survivors,” said Marty Hand, chief technology officer for the National Domestic Violence Hotline. “So, consolidating onto the Genesys single cloud platform was hugely attractive — not only to reduce IT cost and effort, but also to transform through greater resourcing agility, system resilience, and the ability to expand our services to neighboring cities and towns.”

For the second year in a row, Geo and Global AWS Partner Awards included a self-nomination process across several award categories, which are awarded at both the geo and global levels. All AWS Partners were invited to participate and submit a nomination. Award submissions were reviewed by a third party, Canalys, and selected with special emphasis placed on customer success use cases presented in the nomination form.

In addition, there were a number of data-driven award categories, which were comprised of a unique set of metrics that helped measure AWS Partners’ performance within the past year. Canalys audited the datasets used to ensure that all measurements and calculations were objective and correct in nature.

The AWS Partner Network (APN) is a global program focused on helping companies build successful AWS-based businesses or solutions by providing business, technical, marketing, and go-to-market support. The APN includes independent software vendors (ISVs) and systems integrators (SIs) around the world, with AWS Partner participation growing significantly during the past 12 months. A panel of AWS experts selected the winners based on strict criteria with a third-party audit conducted by Canalys.

Genesys has been selected as Customer Experience Partner of the Year – Global, recognizing AWS’s top ISV Partners with a horizontal business area focus on Customer Experience. Genesys was also selected as Social Impact Partner of the Year—North America, recognizing partners committed to giving back to society through their people, resources, and technology, leading initiatives to change our world for the better. Additionally, the company was named a finalist for Federal Government Partner of the Year—APJ for its strength in delivering innovative mission-based wins for the Federal Government.

29, Nov 2023
The Chancellor of Arni University: Vivek Singh Reshaping Higher Learning in Himachal and Beyond
Vivek Singh , Chancellor of Arni University
Vivek Singh , Chancellor of Arni University

Himachal Pradesh , November 29, 2023: Vivek Singh, the dynamic and purpose-driven Chancellor of Arni University (AU) in Kangra, Himachal Pradesh, is spearheading a transformative journey in the higher education landscape. His relentless passion for reshaping the future of higher learning brought him to Himachal nearly a decade ago, where he emerged as a pioneer and change-maker. By blending innovative learning techniques, a focus on soft skills, and cutting-edge courses, he has turned Arni University into a magnet for students from across Northern India, leading to a remarkable increase in student enrollment from 200 to 2000 in just a few years.

Under Vivek Singh’s visionary leadership, Arni University has witnessed an astonishing surge in its student population. From a humble 200 students when it gained UGC accreditation in 2009, the institution’s enrollment has skyrocketed to 2000 in 2023, with steady growth in each academic session.

Vivek Singh’s commitment to innovation is evident in AU’s approach. The university offers a diverse array of programs, promotes interdisciplinary learning, and focuses on soft skills and personality development, setting it apart from its peers. AU offers a range of new-age courses that encompass emerging fields like artificial intelligence, data science, sustainable development, and more, equipping students to excel in the rapidly evolving job market.

This combination of factors has not only attracted students but also contributed to the growth of Himachal Pradesh’s higher education landscape. Arni University has become a vital part of the region’s educational fabric, empowering students to excel academically and prepare for successful careers. The university’s vision of “Skill Comprehensive Higher Education” underscores its forward-thinking approach, specifically focusing on building sustainable livelihoods in a challenging geographical region – Himachal Pradesh.

Vivek Singh’s vision extends beyond employability; he aims to ignite the spirit of entrepreneurship among students. Arni University serves as a holistic educational ecosystem, where students are equipped with the tools needed to excel in their chosen fields, contribute to society, and make a lasting impact on the world. The institution fosters versatility, promotes experiential learning, and encourages an interdisciplinary approach, enabling students to pursue their passions and achieve their dream careers.

In a recent groundbreaking initiative, Vivek Singh announced special provisions for students from defense families seeking admission to different courses. The university has been empaneled for the

Jammu and Kashmir Scholarship Scheme, offering admission to students recommended by the Indian Army’s Northern Command Headquarters. This initiative is a testament to AU’s commitment to serving those who have served the nation.

Vivek Singh’s visionary leadership has transformed Arni University into a hub of innovative learning and social responsibility. The institution’s meteoric growth in student population, its commitment to new-age courses, and its focus on nurturing socially sensitive individuals have not only impacted Himachal Pradesh but also extended the reach of quality higher education to Northern India. Under Vivek Singh’s guidance, Arni University is on its way to becoming a beacon of education and empowerment for the entire region.

By – B K Jha

29, Nov 2023
CARE upgrades Vishnu Chemicals rating to ‘A-/ Stable’

As per the rating agency, the key rating drivers were:

· Improved operational and financial performance in FY23 and H1FY24

· Equity infusion in the form of Qualified Institutional Placement

· Comfortable financial risk profile

· Comfortable operating cycle

· Established position with experienced promoters and management team

· Wide geographical reach in the global market and long-term association with reputed clientele

Hyderabad, November 29, 2023: Vishnu Chemicals Limited, one of India’s leading specialty chemicals manufacturers and a leader in barium and chromium chemicals has announced that CARE Rating has revised its outlook to ‘CARE A-; Stable’ for the company’s long term bank facilities and ‘CARE A2+’ to the short term bank facilities.

As per the rating agency, the key rating drivers were:

Improved operational and financial performance in FY23 and H1FY24: On the Consolidated level, VCL has witnessed revenue growth by about 30.61% i.e., to Rs. 1400.74 crores in FY23 compared to Rs. 1072.48 crores in FY22 at back of increased selling prices of both chromium and barium products by 31.22%. Despite the slowdown in demand from the export market due to the recession in major global economies, VCL was able to maintain a sales volume similar to that of FY22. In line with an increase in TOI, PBILDT and PAT levels of the company increased by 50% and 68% i.e., to Rs. 241.67 crores (PY: 161.06 crores) and Rs. 136.5 crores respectively in FY23 led by improved sales realizations. Companies’ ability to pass on the rise in raw material costs to customers, flexible product mix coupled with cost reduction measures undertaken i.e., Co2 recovery plant for acidification process which acted as a backward integration helped the company in fetching better profitability. With higher sales realization, PBILDT margin of the company improved by 223 bps i.e., to 17.25% in FY23 (FY22: 15.02%). Also, PAT margin of the company improved by 216 bps i.e., to 9.75% in FY23.

During H1FY24, TOI of VCL (On a consolidated basis) reported was Rs. 613.84 crores which is marginally lower by 2.88% compared to the corresponding H1 of previous year on account of correction in selling prices in tandem with a decline in raw material prices. However, VCL was able to increase its sales volumes which enabled the company to maintain its revenue and profitability. It can be witnessed that, Q-o-Q, VCL’s sales volume increased by 10% on the back of improved sales from enhanced capacity and acceptance of VCL products in the market. Despite a reduction in selling prices, VCL was able to maintain the margins at similar levels with PBILDT and PAT margins stood at 16.66% and 8.57% respectively.

Equity infusion in the form of Qualified Institutional Placement: In July 2023, VCL raised funds in the form of Qualified Institutional Placement (QIP) amounting to Rs. 200 crores (net proceeds of Rs. 196.73 crores) which were utilized to repay loans and reduction in utilization of working capital limits both in VCL and its subsidiary VBPL. As of September 30, 2023, VCL has paid term loans and unsecured loans and reduced utilization of working capital for the amount of Rs. 173.44 crores and balance funds parked in fixed deposit as on September 30, 2023.

Comfortable financial risk profile: As of March 31, 2023, the debt profile of VCL consists of term loans availed for capex, ECLGS loan, unsecured loans from promoters, and working capital borrowings. Capital structure of the company marked by the overall gearing ratio improved and stood comfortable at 0.74x as of March 31, 2023 (PYE: 1.01x) led by healthy profitability levels accredited to net worth coupled with gradual repayment of term loans and reduction in average utilization working capital limits. The net worth of the company improved from Rs. 276.86 crores as of March 31, 2022, to Rs. 414.36 crores as of March 31, 2023. Other debt coverage indicators, Interest coverage ratio, and TD GCA improved to 6.98x and 1.81x in FY23 against 5.75x and 3.23x respectively in FY22. Considering the QIP funds raised in H1FY24, capital structure further improved and remained at 0.27x as on September 30, 2023.

Comfortable operating cycle: The company procures major raw material Chrome Ore from other countries like South Africa which contributes about 40 to 45% of total purchases and other products procured in the indigenous market. VCL either makes payments to creditors through LC with a cover period of 90 days or makes payments in advance. VCL provides a credit period of 60 to 90 days to its repetitive customers and receives advance payment of 100% at the time of shipment/dispatch of products to its customers. Since the company is into manufacturing, it maintains an adequate inventory of essential raw materials to alleviate financial risk and holds inventory for a period of 60 days. The operating cycle of the company improved and stood comfortable at 60 days in FY23 from 72 days in FY22 on account of a reduction in inventory days and an improved collection period. With an efficient working capital cycle, reliance on working capital borrowings reduced to 76% over the last 12 months ended August 2023.

Established position with experienced promoters and management team: Mr. Ch. Krishna Murthy, one of the key architects in envisioning the growth and expansion of Vishnu Chemicals Limited (VCL) have an experience of over 3 decades in the business of manufacturing, marketing, and exporting of chromium chemicals worldwide. Apart from Mr. Ch Krishna Murthy, Ms. Ch. Manjula (Wife of Mr. Ch Krishna Murthy) and Mr. Ch. Siddhartha (Son of Mr. Ch Krishna Murthy) are also the co-promoters of the company. Mr. Ch. Siddartha is a Joint Managing Director of Vishnu Chemicals Limited and Managing Director of Vishnu Barium Private Limited. He holds a master’s degree in biotechnology from Northumbria University, UK, and a MBA from Saginaw Valley State University, USA. He has shouldered multiple responsibilities and his experience in international marketing, sourcing, and building highly effective teams to serve customers in chemical industry has helped the company achieve scale and leadership position in global markets. VCL is serving more than 15 industries across 50+ countries globally.

Wide geographical reach in the global market and long-term association with reputed clientele: VCL has established presence in both domestic as well as international markets. VCL has presence in 50+ countries and sells majorly in the markets like Brazil, USA, Mexico, South Korea, Italy, Germany, Australia, Bangladesh, Argentina, and Egypt, etc., During FY23, Exports constituted about 48.26% of total TOI on a consolidated level against 50.45% in FY22. In terms of value, exports increased by almost 24.8% to Rs. 679.15 crores from Rs. 545.08 crore in FY23. Apart from export market, the company is also gaining increased share in the domestic market as can be witnessed from higher sales reported in FY23. The contribution to overall sales from the domestic market increased to about 52% and when compared to previous year, TOI from domestic sales increased by about 36% to Rs.728.02 crore. Further, VCL accepts the orders from export or domestic market based on demand and associated probability.

Repeated orders backed by long-standing association with reputed clientele: As on August 31, 2023, VCL (on standalone) has order book of Rs. 162.29 crores to be executed within 3 months. The company receives repeated orders from longstanding and reputed clientele like Solara Active Pharma Sciences Ltd, IOL Chemicals and Pharmaceuticals Ltd., Montana Quimica Ltd, etc. Contribution from top 10 customers for FY23 stood at 42.66%.

29, Nov 2023
Tribeca Developers appoints Rajat Khandelwal as CEO

Delhi/Mumbai, 29 November 2023: Tribeca Developers, India’s largest branded luxury developer, has announced the appointment of Mr. Rajat Khandelwal as Group Chief Executive Officer to lead the company’s strategic initiatives and business expansion plans. Bringing a robust 19 years of professional experience, Rajat has garnered industry recognition and accolades for his strategic acumen and dynamic leadership in previous roles, marking a significant addition to Tribeca Developers.

Having served as the President of Central Park in Delhi NCR, as the CEO, West India of Ozone Group, and the COO of Omkar Developers, Rajat has consistently demonstrated strong financial acumen and a proven ability to drive business growth. He has managed projects with revenue exceeding INR 7,500 crores, led the successful launch of multiple marque projects in diverse geographies, and the establishment of strategic joint ventures with industry leaders such as L&T and Godrej.

Commenting on the appointment, Kalpesh Mehta, Founder, Tribeca Developers said, “I am thrilled to welcome Rajat to the company. With nearly two decades of experience, Rajat brings invaluable insights and leadership to our team. His management style resonates with the values and culture of Tribeca, making him an excellent fit for our organization.”

“Tribeca is currently in an accelerated growth phase, and I am confident that Rajat is the ideal person to spearhead the business to new heights during this pivotal time.”

Rajat Khandelwal Group CEO l Tribeca

On his appointment, Rajat said “I am excited and honored to join a prestigious brand like Tribeca, renowned for delivering the finest real estate products and living experiences. It’s an incredible opportunity to work with Kalpesh and the talented team at Tribeca towards the continued success and growth of the company.”

Mr. Khandelwal holds a PGDM in Finance and Marketing from the prestigious IIM Kozhikode and a B.E. in Mechanical Engineering from SGSITS, Indore. As the real estate landscape continues to evolve, Tribeca developers looks poised for a promising chapter under the new leadership.

29, Nov 2023
NMDC shines at the National PR Festival 2023

Hyderabad, 29 November 2023: Navratna public sector company, NMDC brought home Excellence Awards 2023 for House Journal (Hindi), CSR Project for Women Development, Sustainable Development Report, and Annual Report at the National PRSI Awards on Sunday in New Delhi.

Chief Guest Dr Sonal Mansingh, Honourable Member of Parliament presented the awards to the Corporate Communications team of NMDC during the National Public Relations Festival.

NMDC 1

Speaking on the win, Shri Amitava Mukherjee, CMD (Additional Charge) said, “In our journey to become a global mining company, Public Relations will play a key role.

I congratulate Team NMDC for their exceptional initiatives in corporate communication, social responsibility, and sustainable development. We are committed to become a brand that is known for its strong stakeholder engagement.”

29, Nov 2023
News18 Tamil Nadu takes the lead in delivering unmatched insight into the 5-State Election Dynamics

~ The five states under the spotlight are Rajasthan, Chhattisgarh, Madhya Pradesh, Telangana, and Mizoram~

29th November 2023: News18 Tamil Nadu proudly announces its unwavering commitment to delivering the most authentic and live news of India’s upcoming five-state elections. As the political landscape undergoes a significant transformation, News18 Tamil Nadu is poised to keep its viewers informed with real-time news and unbiased reporting.

 The five states under the spotlight are Rajasthan, Chhattisgarh, Madhya Pradesh, Telangana, and Mizoram. News18 Tamil Nadu recognizes the importance of these elections in shaping the future of these states and the nation as a whole. Our vast network of reporters will be on the ground, providing live coverage from the epicenter of election activity. From rallies to polling booths, News18 Tamil Nadu will be the go-to source for real-time information.

 In addition to live updates, News18 Tamil Nadu will provide in-depth analysis and insights into each state’s political dynamics. News18 Tamil Nadu will also leverage various interactive platforms and live discussions to involve the viewers in the electoral discourse.

 Stay Tuned to News18 Tamil Nadu for unparalleled coverage of the 5-state elections on 3rd December 2023.

29, Nov 2023
ABB launches digital asset performance management platform for instrumentation

BANGALORE, INDIA, NOVEMBER 29, 2023: ABB has launched abb ability™ smartmaster, a comprehensive asset performance management platform for verification and condition monitoring of instrumentation and field devices in the water, wastewater, chemical, oil & gas, and other industries, in India. smartmaster gathers, analyzes, and verifies diagnostic data from instruments remotely, without interrupting current measurement tasks.

The platform can be used with a range of ABB and third-party instruments, such as flow meters, level meters, temperature, and pressure sensors. Available as an on-premise or cloud-based solution, SmartMaster sends a valuable fleet-level overview from the field straight to the customer’s phone, tablet, or other devices.

SmartMaster addresses key challenges for industrial companies such as managing the sheer volume of instruments that are installed on any given plant. Many facilities typically have hundreds or even thousands of devices, some of which may be installed in hard-to-reach or hazardous areas.

Shiva kumar 1

Another big challenge is applications and data running in silos. This limits insights and efficiency of operations. By getting better, actionable insights, industrial companies can see both increased efficiency and environmental benefits.

“Plant operators are expected to increase efficiency as well as become more sustainable and for this, it’s critical that each device, each instrument performs optimally in the industrial process,” said Jacques Mulbert, Division President, ABB Measurement & Analytics. “With hundreds of field devices working in the background, optimal performance is impossible to achieve without digital service technology. The ABB Ability™ SmartMaster connects the physical and digital worlds, ensuring that instruments perform optimally.”

The platform offers extended possibilities for device optimization and maintenance. With SmartMaster, plant operators can access data on instrument status and identify in advance any potential issues that could affect measurement performance or result in unplanned downtime.

This knowledge helps them to plan servicing, spare part orders, and device replacement. SmartMaster provides the information as a calendar view analysis and an analytical report of failure scenarios.

Shiva kumar 2

SmartMaster is part of ABB Measurement & Analytics digital suite of solutions that enable optimized plant operations. The suite comprises ABB Ability™ Smart Device Manager, ABB Ability™ Verification for measurement devices, and ABB Ability™ SmartMaster.

ABB’s Process Automation business automates, electrifies, and digitalizes industrial operations that address a wide range of essential needs – from supplying energy, water, and materials, to producing goods and transporting them to market. With its ~20,000 employees, and leading technology and service expertise, ABB Process Automation helps customers in process, hybrid, and maritime industries improve the performance and safety of operations, enabling a more sustainable and resource-efficient future. go.abb/processautomation

ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company’s solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered, and operated. Building on more than 140 years of excellence, ABB’s ~105,000 employees are committed to driving innovations that accelerate industrial transformation. www.abb.com

29, Nov 2023
Brandix India Apparel City receives Greentech Environment Award for Environmental Excellence

National, November 29 th, 2023: Brandix India Apparel City Pvt Ltd (BIAC), one of the largest dedicated apparel and textile manufacturing parks in Asia has been conferred with the prestigious Greentech Environment Award 2023 in the Environmental Excellence Category by the Greentech Foundation. This recognition underscores BIAC’s unwavering commitment to environmental stewardship and sustainable business practices.

 The award was presented to BIAC by Shri Ravi Shankar Prasad, IAS, Additional Chief Secretary to the Govt. of Assam, Dr. Arup Kumar Misra, Chairman of Pollution Control Board, Assam, and Dr. Shantanu Kumar Dutta, Member Secretary, Pollution Control Board, Assam, and was received on behalf of BIAC by Dr. Mohini Rani Sabhavath, Sustainability Environmental Engineer. The award presentation program was conducted along with the Greentech Foundation’s Environment Summit in Sonmarg, Jammu and Kashmir.

Image - Brandix

 BIAC’s commitment towards environmental sustainability recognizes the multifaceted nature of the actions required to ensure a sustainable future and identifies three pillars – Air, Water, and Earth. 50% of the Park’s annual water consumption is met sustainably through rainwater harvesting ponds and the first industry in the state to have installed a Solar Sludge Drying Process unit, BIAC is a zero-landfill apparel park. The Park aims to reach net-zero emissions by 2030 through continuous investment in clean energy, optimizing overall energy consumption, and creating carbon sinks in the form of plantations.

 Speaking about the Company’s efforts in sustainability, Mr Neil Rosayro, Country Head – Brandix India, said, “Receiving the Environmental Excellence Award is a significant milestone for BIAC. This recognition is a testimony to our ongoing commitments to sustainable practices and inspires us to continue pushing boundaries for a greener and more sustainable future.”

29, Nov 2023
Fintechs leading the way to safe and secure transactions

Financial Technology companies or Fintechs as they are popularly called have permeated all aspects of our lives. Enabling instant payments to pay your bills or your child’s school fee or even to the auto guy, all you need to have is a valid fintech account that is linked to your bank account. And you are all set. With changing times, this digital mode of payment has become more safe and secure, which makes it the first choice for consumers. Moreover, it is faster than paying through banks or traditional methods like credit cards or debit cards, truly empowering the consumers. Here are some popular fintechs that have made our lives easier not just with safe and secure transactions, but with other services too.

Paytm

Paytm, which has infiltrated ordinary people’s lives, offers rapid and secure UPI payments as well as online payments. In truth, the term “online transactions” today usually refers to Paytm in India. After completing online transaction training, everyone from fancy restaurants to street vendors selling goods has risen to the task. To save time and hassle, consumers no longer need to deal with cash and wait for change. Because it is safe, convenient, and time-saving, it is the present and future of online payment in India.

Paycorp

It offers technology-based solutions for all forms of recurring payments. Paycorp.io automates the process so that the payment due date, whether weekly, fortnightly, monthly, quarterly, or yearly, is not missed. Fintech provides companies with an alternative to time-consuming procedures in traditional industry solutions and also saves on manpower, thus being ideal for startups that always need more hands to do more work. Offering a range of payment choices, including ACH, UPI, and cards, as well as a number of digital touchpoints for easy access, including WhatsApp, link push, and a website, it automates payments to vendors, payment of bills as well as payment of salary to employees. Moreover, Paycorp.io has a direct interface with eight banks, allowing for speedier payment processing.

Razorpay

E-commerce clients can use secure payment gateways with Razorpay. Scammers may swiftly develop payment pages in today’s environment and trick both customers and businesses. Razorpay prevents such anti-social elements from gaining a foothold in this manner. This Indian-based company enables businesses to take client payments, process transactions, and automate payments to suppliers and staff. This signifies that the company’s cash flow is continuous and positive, and it never runs out of working capital.

Instamojo

Instamojo is your go-to payment solution for digital services such as tickets, digital files, or entertainment services. By providing omnichannel transaction status updates, it assists your company in developing a customer-centric retail engagement programme and assuring a dependable experience for both customers and merchants. It accepts over 170 different payment options, including RTGS, NEFT, bank transfer, and EMI. Although the initial setup is free, there are annual costs for each payment method that you wish to utilize.

Bill desk

Bill Desk is one of India’s most famous payment gateways and a government-owned Bharat Bill Payment Operating Unit. Bill Desk automates payments for day-to-day bills and utilities such as phone, gas, insurance, ISP, credit card, gas and other amenities through its extensive financial services. While the initial plan is free, if you choose to use extra services, you will be charged. It takes more than 70 currencies, including Indian rupees.

29, Nov 2023
Arvind Chandra Joins Aliaxis as the New Divisional CEO of India and Executive Committee Member

National, November 29, 2023 – Aliaxis, a world leader enabling access to water and energy through inventive fluid management solutions, welcomes Arvind Chandra to the Executive Committee. As the new Divisional CEO of Aliaxis India (Ashirvad Pipes), he will report directly to Eric Olsen, Chief Executive Officer.

Eric Olsen, Aliaxis CEO said, “We are excited for this next chapter of our Indian business under the dynamic leadership of Arvind Chandra. Arvind brings an impressive 30-year global track record driving growth and profitability in a wide range of industries. India is a high-growth market for Aliaxis for the years to come and Arvind will help bring our Indian operations to the next level.”

Arvind Chandra - New Divisional CEO of India & Executive Committee Member

Arvind Chandra, Divisional CEO of Aliaxis India, commented, “I am thrilled to join Aliaxis to address India’s pressing water challenges. Together with the Ashirvad team, we will drive growth with a strong focus on both sustainability and innovation, as we deliver a high-quality range of solutions that our customers expect.”

Arvind Chandra joins Aliaxis from his prior role at Minda Corporation (NSE: MINDACORP) as CEO of their largest business vertical in the automotive sector. During his tenure, the company registered a 400+% stock price gain with significant top-line and bottom-line growth.

He brings 30+ years’ work experience across 8 countries, 4 continents, and multiple functions of strategy, marketing, sales, R&D, manufacturing, quality plus P&L at various top technology companies such as Toyota, ZF-Wabco, Borg Warner-Phinia, Forvia and others leading various transformation projects. He has also consulted extensively during this period in both B2B and B2C environments.

Arvind holds a BS degree in chemical engineering from the University of Mumbai, a MS degree in industrial engineering from Oklahoma State University, and an MBA from the University of Michigan, USA.