16, Jan 2024
Indian Mutual Fund Industry Surpasses Monumental ₹50 lakh crore AUM Milestone on the back India Growth Story – AMFI
Bengaluru, 16th January 2024: In a significant testimony to the robust growth and resilience of the Indian Mutual Fund Industry, Association of Mutual Funds in India (AMFI) announced surpassing ₹50 Lakh Crores of Assets Under Management (AUM), a remarkable milestone achieved by the mutual fund (MF) sector. This noteworthy achievement comes against the backdrop of India growth story, highlighting the MF industry’s ability win investor trust by providing low-cost, long-term-oriented wealth creation avenues.
The focus of Prime Minister Narendra Modi on enhancing economic growth through heightened investments and initiatives aimed at revitalizing the country’s economy post-COVID, coupled with FM Nirmala Sitharaman’s push for financialization of savings and financial inclusion has led to many first time Mutual fund investors joining the fold and contributing to surge in mutual fund investments. The number of unique mutual fund investors more than doubled over the last five years from 1.91 crores in December 2018 to 4.21 crores in December 2023.
Mr. Navneet Munot, Chairman of AMFI, commented on this milestone, saying, “We are elated to announce the achievement of ₹50 lakh crore AUM, which is a testament to the trust that investors place in the Indian Mutual Fund Industry. On this momentous achievement, we would like to thank and congratulate the regulator, SEBI, all our distributors and investment advisers, all MF industry stakeholders, our member AMCs and above all, the mutual fund investors. The mutual fund Industry is geared up for the next growth milestone of ₹100 Lakh Crores AUM and 10 crore investors, which we are sure will be achieved sooner than expected as the industry has shifted gears to accelerate distribution outreach leveraging technology across the value chain.”
Mr. Venkat Chalasani, Chief Executive of AMFI, shared his perspective on the industry’s achievement, stating, ” While the MF industry took almost 50 years to build the first ₹10 Lakh crores of AUM, the last INR 10 Lakh Crores, from ₹40 Lakh Crores to ₹50 lakh crores was amassed in just over a year. The entire mutual fund industry in India including the AMCs and the Regulator have put in focused efforts to reach investors across the country with support from the MF distributors.
The MF industry has continued to evolve over the years, offering a diverse range of investment options. It also emphasizes the collaborative efforts of various stakeholders in fostering a robust investment ecosystem.” He further added, “The more encouraging aspect is the constant retail participation in a disciplined manner through the systematic investment planning (SIP) route. The B30 locations have instilled a new drive in the MF investment and the distributor fraternity has been working towards deeper financial inclusion.”
The Indian Mutual Fund Industry has witnessed sustained growth in the recent years, driven by factors such as increasing financial literacy, regulatory reforms, and a shift towards SIPs. The monthly gross SIP inflows, which was around ₹8,000 crore in FY20, have now scaled up to an all-time high of ₹ 17,610 crores in December 2023 with cumulative inflows through SIPs alone crossing ₹ 1,41,000 crores. The SIP AUM as at the end of December 2023 touched ₹10 Lakh Crores, which is another significant milestone.
The ‘Mutual Fund Sahi Hai’ investor awareness campaign run by AMFI under the aegis of SEBI has led to increased awareness and acceptance of mutual funds as an investment option of choice.
AMFI believes that the industry is geared up to surpass the ₹100 Lakh Crore AUM mark by the turn of the decade. Achieving this growth will require an increase in the investor base from 4.21 crores to 10 crore investors. AMFI will follow three distinct categories of market expansion that will be essential to achieve this target – Distribution outreach, Inclusion of middle-income households through simplification and digitalisation, and higher wallet share of household savings.
The Industry’s AUM crossed the milestone of ₹10 Lakh Crore for the first time at the end of May 2014 and in a short span of about three years the AUM size had increased more than two folds and crossed ₹20 Lakh Crore for the first time in August 2017. The AUM size crossed ₹30 Lakh Crore for the first time in November 2020. And the industry’s AUM topped ₹ 40 Lakh Crores for the first time in November 2022. The AUM, which took 24 months to go from ₹ 30 Lakh Crores to ₹ 40 Lakh Crores, added the next ₹ 10 Lakh Crores in half the time, as it touched ₹ 50 Lakh Crores in the month of Dec 2023. At the end of Dec 2023 with ₹50 Lakh Crores mark in AUM, the Mutual Fund Industry has witnessed growth of ₹40 Lakh Crores AUM in 9 years.
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- By Rabindra
16, Jan 2024
ACC’s Bargarh plant wins back-to-back gold awards
Bengaluru, 16 January 2024: ACC, the cement and building material company of the diversified Adani Group, has won another gold award for its Bargarh cement plant at the 14th Kalinga Safety Excellence Award ceremony held in Bhubaneshwar, Odisha Organised by the National Safety Conclave-2023, the prestigious two-day conference and award ceremony served as a platform for industry leaders and professionals to share best practices, initiatives, and compliance strategies related to the Occupational Safety and Health Code. The award to ACC Bargarh highlights its dedication to implementing best practices and initiatives that contribute to creating a safe and secure work environment. This is the second consecutive gold award for the plant within a week. Earlier in the week, it bagged a gold award for its role in enhancing sustainability and promoting safety.
Mr. Ajay Kapur, CEO, Cement Business, said “This accomplishment validates our sincere commitment to a safe work environment. The award motivates us to elevate safety standards even further. We are on a continuous journey, aiming not just to meet but exceed expectations for workplace well-being.”
The two-day conclave, which took place between 20 -21 December 2023, aimed to promote safe and healthful working conditions, enforce standards, and provide training, outreach, education, and assistance in fostering a culture of safety across diverse sectors. Participants from various industries, including health, hydro, power manufacturing, and construction, gathered from all parts of the country to engage in meaningful discussions and collaborations.
16, Jan 2024
Uber flags off EV Autos in temple city Ayodhya
Bengaluru, January 16, 2024: Uber, India’s leading ride-hailing app, today flagged off its EV auto rickshaw service with Hon’ble Uttar Pradesh Chief Minister Yogi Adityanath in the temple town of Ayodhya under its popular category, Uber Auto. With the flag-off, Uber announced its commitment to offer convenient, affordable, and sustainable mobility solutions as the footfall to the holy city is expected to soar.
Following the launch of EV Autos, Uber will also start operations of UberGo – its most affordable car product; besides Uber Intercity – the fast-growing mobility product that will support all inter-city travel needs to Ayodhya from popular destinations within Uttar Pradesh. This comprehensive approach aims to connect the temple city to various destinations, contributing significantly to tourism, travel, and economic growth in Uttar Pradesh.
The expansion into Ayodhya aligns with Uber’s growth plans in India and reflects the company’s ‘India to Bharat’ strategy to increase its footprint and product offerings to more and more regional markets. Uber remains committed to bringing the magical multi-modal Uber experience to riders across the country.
Commenting on the launch, Prabhjeet Singh, President Uber India and South Asia said, “We are excited to expand our services to Ayodhya as it emerges on the travel map of millions. With this expansion, we are not only providing enhanced mobility options for tourists and pilgrims but also unlocking earning opportunities for many more in the region. We are committed to contributing to the city’s tourism, promoting a seamless travel experience and fostering sustainable economic growth.”
Ten years ago, the first Indian rider hailed an Uber on the streets of Bengaluru, beginning a journey that would quickly see the app become the country’s most preferred platforms for riders and drivers alike. Since then, Uber has transformed the mobility landscape in India. A safe, reliable, and affordable car, auto, moto, or bus ride via the app is now available in 125 cities across India.
Over the past couple of years, Uber has implemented several innovative technology-driven solutions to help riders and drivers feel safer while on a trip and continues to do so every day through a slew of measures such as an in-app SOS feature, along with location sharing.
Getting started with Uber is easy:
● Download the app – Get the free Uber app from the App Store or Google Play on your smartphone and open the app to create your account.
● Request a ride – Enter your destination and choose a ride option. You’ll always see the price upfront.
● Enjoy your ride – You’ll see your driver’s picture and vehicle details, and can track their arrival on the map.
16, Jan 2024
Liminal Elevates Secure Custody and Asset Management by Integrating Telos Network
New Delhi, January 16, 2024: Liminal, a leading provider of institutional-grade digital asset custody solutions, is pleased to announce the integration of Telos Network into its custody and wallet infrastructure. This strategic move represents a significant leap forward in enhancing the security and efficiency of asset management on the Telos blockchain. Liminal has recognized that secure custody of digital assets is directly correlated with the strength of the underlying blockchain infrastructure. As the demand for alternative blockchain ecosystems and community participation continues to grow, interoperability has become a core integration parameter for custody platforms.
Commenting on the development, Manhar Garegrat, Country Head- India & Global Partnerships at Liminal, expressed his enthusiasm for the integration, stating, “The addition of Telos into Liminal custody’s multi-chain ecosystem is a significant step towards growing the web3 ecosystem together. Telos’ flawless record of zero-downtime since launch, over 15,200 transactions per second with minimal fees, and focus on enabling Zero Knowledge technology for ultimate scalability and privacy for blockchain global adoption, make it a compelling platform for web3 adoption. We are excited to empower projects building on Telos as they leverage Liminal’s robust security, world class compliance, regulated custody, process automations and integrations to grow their business on Telos.”
Commenting on the development, Sukesh Tedla, Director of Liquidity & Exchanges at Telos Network said “ We are delighted to find a like-minded partner in Liminal. The combined strength of both the brands will not only enhance the digital asset experience for users but also create a highly secure ecosystem for fostering innovation in digital asset custody services. We are committed to creating more synergies with Liminal in the near future.”
By introducing Telos, a third-generation blockchain platform, into our custody and wallet infrastructure, Liminal is enabling secure custody, policy-led workflows, multi-party wallet governance, and comprehensive compliance monitoring for protocols and institutions operating on the Telos Network.
Key Features of Liminal’s Integration with Telos Network:
Secure and Efficient Treasury Management: Liminal Custody’s robust MPC and Multisig-powered wallet infrastructure provides unparalleled security for Telos-supported assets. This infrastructure ensures that every transaction adheres to stringent security protocols and multi-party authorization requirements, offering granular control over asset management.
Policy-Driven Automation for Optimal Efficiency: Liminal’s automation workflows streamline Telos asset management processes. Users can define policy-based transaction processing rules to automate routine tasks, reduce operational overhead, and enhance overall efficiency, aligning with specific risk tolerances and regulatory requirements.
Vigilant Risk and Compliance Monitoring: Liminal Custody’s comprehensive risk and compliance monitoring tools mitigate potential risks and ensure regulatory compliance. The platform continuously monitors wallets and transactions for anomalies or potential violations, enabling users to take immediate action to protect their funds and adhere to regulatory standards.
Seamless Integration with Telos and DApp Ecosystem: Liminal’s MMI and Wallet Connect integration provide seamless access to a wide range of native Telos and mainstream decentralized applications (DApps). This integration empowers users to capitalize on their Telos asset holdings by accessing a diverse array of DeFi protocols.
16, Jan 2024
Dr. Ashok Khosla Receives Inaugural Sohrab Pirojsha Godrej Environment Award #SPGodrejAward
Bengaluru, 16th January, 2024: Following the successful launch of the Sohrab Pirojsha Godrej Environment Award, a pioneering initiative in collaboration with Mumbai First, Godrej Industries Limited and Associate Companies proudly announced Dr Ashok Khosla, as the distinguished winner of the inaugural edition. The award ceremony took place today in Mumbai, and celebrated Dr Ashok Khosla’s outstanding contributions in the field of environment and sustainability.
Dr Ashok Khosla, a star pioneer environmentalist, has not only significantly impacted India but has also left an indelible mark on the global stage. His extensive career includes serving on the National Security Advisory Board, the National Environment Board, and the Science Advisory Council to the Cabinet in India. Internationally, Khosla has been a trendsetter, playing key roles in the establishment of the first university course on the Environment at Harvard University in 1965, heading the first governmental agency for the Environment in a developing country in 1972, and establishing the first social enterprise for sustainable development in 1983.
Speaking on the occasion, Nadir Godrej, Chairman and Managing Director of Godrej Industries, expressed his appreciation, saying, “We are thrilled to announce Ashok Khosla as the recipient of the inaugural Sohrab Pirojsha Godrej Environment Award. His remarkable achievements and dedication to environmental causes have made a lasting impact, and he truly embodies the spirit of this Award. As we celebrate his accomplishments, we are inspired to continue our commitment to environmental stewardship and sustainability.”
The Keynote speaker of the Award, Dr Raghunath Mashelkar, FRS, Former Chairman of National Innovation Foundation & Former Director General of CSIR applauded this initiative, saying, “Fortunate to witness a unique event, when the inaugural award given in the name of a legendary pioneer in the field of environment, S.P. Godrej, is won by a living legend in the field of environment, Dr. Ashok Khosla.”
The recipient of the inaugural S. P. Godrej Environment Award, Dr Ashok Khosla expressed his delight, stating, “I am honoured to receive the S. P Godrej Award for Environment this year. My organisation, Development Alternatives has worked with Godrej Industries Limited and Associate Companies on many environmental and livelihood issues. As a scientist I think innovation is crucial to achieve our collective vision of the planet and people prospering in a symbiotic manner. Over the years my team at DA and I have tried to achieve this synergy. My contribution is miniscule, but I hope this award will inspire young minds to come forward as a movement to create a tangible shift towards protecting Mother Earth and its Species including us Humans.”
“Mr. S. P. Godrej, himself, a giant of a human being, was a man born much before his time! He devoted his entire life, giving of his Time & Talents, unstintingly to the cause of the Environment, literally 24×7. Our jury couldn’t have made a better choice in Awarding the Trophy in its Inaugural year, to Dr Ashok Khosla, an Environmental Crusader, like Sohrabji, and since 1965 … not just in India, but globally”, stated Mr. Roger C. B. Pereira, Vice Chairman, Mumbai First.
The award received a great response in its inaugural year itself. The evaluation criteria for the award included factors such as impact, leadership, commitment to environmental causes, community engagement, innovative approaches, advocacy efforts, scalability of initiatives, educational outreach, and a science-based approach.
Godrej Industries Limited and Associate Companies extend heartiest congratulations to Ashok Khosla and expresses gratitude to all individuals and organizations that participated in the event. The Sohrab Pirojsha Godrej Environment Award is a testament to Godrej’s unwavering commitment to creating a sustainable and environmentally conscious future.
16, Jan 2024
RITES wins ‘Silver’ ICAI Award for excellence in Financial Reporting
Gurugram, January 16, 2024: RITES Limited, a Navratna Public Sector Enterprise, has been awarded the ‘Silver Shield’ under the ‘Infrastructure and Construction Sector’ category at the ICAI Awards for Excellence in Financial Reporting for the financial year 2022-23.
Also, RITES’ subsidiary REMC Ltd, which is in business of power generation and management, has been awarded ‘Plaque’ under the ‘Service Sector’ (other than Financial Services Sector) category.
Hon’ble Chief Minister of Chhattisgarh Mr. Vishnu Deo Sai and other dignitaries present the ICAI Award(s) to RITES’ Director (Finance) and Chief Financial Officer Mr. KG Agarwal at a ceremony in Raipur
RITES’ Director (Finance) and Chief Financial Officer Mr. KG Agarwal received the award from Hon’ble Chief Minister of Chhattisgarh Mr. Vishnu Deo Sai, Chhattisgarh Cabinet Minister Mr. Brij Mohan Agrawal, ICAI President CA Aniket Sunil Talti, ICAI Vice President CA Ranjeet Kumar Agrawal, ICAI Research Committee Chairman & Vice Chairman and ICAI Council Member, at a ceremony in Raipur on January 13, 2024.
The coveted award recognises accounting practices, policies adopted by RITES and its subsidiaries for the preparation & presentation and disclosure of financial statement(s) amongst other information contained in the Annual Report. It also highlights its highest degree of compliance with accounting standards, statutory guidelines, and regulation, etc.
16, Jan 2024
Planck Confirms Participation in World Economic Forum, 2024: A Leap Towards Sustainable Digital Infrastructures
16th January, 2023, New Delhi
Planck, a rapidly advancing startup specializing in Sustainable Edge Data Centers, proudly announces its participation confirmation at the 54th Annual Meeting of the World Economic Forum in Davos, Switzerland, from January 16th to January 18th, 2024.
The World Economic Forum serves as a global and non-profit platform, fostering meaningful connections among stakeholders to cultivate trust and develop initiatives for a brighter future. This year’s Annual Meeting will spotlight the core principles underpinning trust: transparency, consistency, and accountability. Attended by over 100 governments worldwide, major international organizations, the Forum’s 1000 Partner companies, civil society leaders, experts, young innovators, social entrepreneurs, and the media, this event promises invaluable exchanges and collaborations.
As pioneers in Sustainable Edge Data Centers, our excitement knows no bounds as we prepare to contribute to this esteemed global collaboration. This opportunity aligns perfectly with our ethos of innovation and sustainability,” remarked Ashher Zafar, CEO and technical Co-Founder of PlanckDOT.
“Planck’s early successes in the Data Center Segment uniquely position us to foster promising and sustainable collaborations at the World Economic Forum. We eagerly anticipate engaging with global leaders, experts, and stakeholders, leveraging our commitment to sustainable technology solutions that redefine the digital infrastructure landscape. –Ali Ahmed Saleem, CFO & Co-Founder, PlanckDOT.
“During the World Economic Forum, our focus lies in pioneering collaborations and research to revolutionize the data center sector,”stated Ali Ahmed Saleem,CFO & Co-founder of Planckdot. Concomitantly, as we establish nationwide data centers, Planck is committed to spearheading a novel series of edge data centers. These innovations strive to effectively fulfill a substantial portion of energy requirements through sustainable on-site solutions.”
Planck is elated to participate in this global initiative, considering it a validation of their commitment to sustainable digital infrastructures while driving technological progress for the greater good of humanity. With one of the youngest co-founders of a profitable startup among their team, they proudly join this esteemed event, reinforcing their dedication to promoting sustainability within the Data Center Segment.
16, Jan 2024
Email Automation from GoDaddy Offers Custom Emails to Deliver the Right Message at the Right Time
New Delhi, January 16, 2023 – Small businesses today have a lot of competition when it comes to getting and keeping the attention of their customers. Entrepreneurs are always looking for ways to stand out and according to a recent survey, 75 percent of Indian small businesses embrace marketing automation, surpassing their counterparts in other countries and the global total at 57 percent.
To help small business owners enhance their email marketing efforts, GoDaddy launched Email Automation for Websites + Marketing.
This powerful new tool allows businesses to customize, schedule and trigger email communication automatically using intuitive templates, freeing up time to allow entrepreneurs to focus on growing their business.
A few of these email templates include:
· Welcome emails for email subscribers, members, and new customers.
.Commerce emails for order confirmations, order shipments, and order cancellations.
· Appointment booking confirmations and appointment reminders.
· Abandoned cart emails to prompt customers to complete their check out.
With each template completely customizable, entrepreneurs can ensure their brand’s color scheme, imagery, and tone of voice are clearly reflected in all emails. Plus, entrepreneurs can personalize these automated emails to include the recipient’s name, phone, email, and other personal details, so their customers feel seen and valued.
Commenting on the product, Apurva Palnitkar, Senior Director Marketing, GoDaddy India said, “For any small business owner, it is crucial for them to deliver the right message at the right time to the right audience. We believe personalized messaging is what makes your messaging stand out in the customer’s inbox. GoDaddy’s Email Automation simplifies the communication process for customers, providing small businesses with a professional tonality and enhancing the overall customer experience.”
To start using Email Automation, existing Websites + Marketing customers can login to their GoDaddy account, locate the “Connections” option in the dashboard, and then click “Automation”.
16, Jan 2024
Industry Comment: 2024 Budget Expectation Quote l Gram Unnati l Agritech
Aneesh Jain l Founder l Gram Unnati
Aneesh Jain is the founder of Four Leaf Clover (operating under the brand name ‘Gram Unnati’), a DPIIT-recognised agri value chain services company that aims at bridging major value gaps between institutional buyers and marginal farmers. Aneesh is a computer science engineer from IIT Kharagpur. He has over 13 years of experience in management consulting and social entrepreneurship, having worked with the likes of McKinsey, TechnoServe, IFC, and IFAD.
Gram Unnati was incorporated in 2013 to provide i) crop advisory services, ii) access to high quality agricultural inputs at low cost and iii) market linkages to marginal farmers along with iv) customized production, logistics and end-to-end quality control of agri produce to institutional buyers.
In 2009, Aneesh was introduced to the development sector through a Gates Foundation-funded project in Rajasthan. It was during his stint with the project that he understood the plight of the farmers and how the entire supply chain was suffering from value traps, leading to high cost-low yields for farmers and concerns around produce quality and traceability for buyers. Realizing the desperation of the industry, he started working towards creating a platform for innovating the structural nuances and effectively unlocking higher values for both the industry as well as the masses.
Aneesh has always envisioned a future where the agriculture sector, the largest provider of the livelihood with 60% of the country’s population depending on it, is better organized with minimal supply chain bottlenecks. Through Gram Unnati, he aspires to help every marginal farmer in understanding and producing as per the requirements of the industry, thereby enabling efficient engagement between the industry and the farmers.
16, Jan 2024
“LogiMAT India 2024 Roadshow in Bengaluru: Paving the Way for Transformative Logistics Solutions “
Bengaluru, January 16, 2024 – As India anticipates the unveiling of the largest logistics, material handling, warehousing, and automation exhibition – LogiMAT India 2024, the industry gears up for a paradigm shift. The excitement builds as we approach the precursor roadshow in Bengaluru on January 16, 2024, hosted at Chancery on Lavelle Road. This strategic roadshow aims to stimulate insightful discussions, reveal innovations, and foster meaningful partnerships with industry leaders from top logistics and transportation management companies, setting the stage for a ground-breaking event.
LogiMAT India stands as the nation’s premier platform dedicated to showcasing the latest advancements in logistics, material handling, warehousing, and supply chain solutions. Helmed by Messe Stuttgart India, this exhibition serves as a vital nexus, uniting industry leaders, professionals, and innovators. It provides valuable opportunities for business expansion and network growth, presenting state-of-the-art technologies poised to revolutionise the logistics and transportation management landscape.
Aligned with the Prime Minister’s vision for the National Logistics Policy and Gati Shakti, LogiMAT India 2024 commits to offering a diverse range of solutions that focus on enhancing performance optimisation and ensuring cost efficiency. This dedication underscores LogiMAT India’s commitment to shaping the future landscape of the logistics industry.
LogiMAT India 2024 also enjoys support from esteemed partners like Invest India, StartUp India, and industry associations, opening exhibitors and visitors to a world of opportunities. As businesses engage in the roadshow, they are encouraged to tap into growth prospects offered by LogiMAT, a platform with a renowned legacy in Europe’s largest intralogistics exhibition.
Bangalore, often referred to as the “Silicon Valley of India,” is not only a technology hub but also a booming centre for logistics, supply chain, warehousing, and automation, owing to the presence of tech and e-commerce giants. The city’s Kempegowda International Airport, the third busiest cargo airport in India, facilitates efficient air freight movement. Leading logistics companies like DHL, FedEx, and Blue Dart have a strong presence, creating a competitive and mature market. Bangalore boasts over 20 million sq ft of warehousing space catering to diverse industries like e-commerce, pharmaceuticals, and electronics. The adoption of automation solutions like AGVs, robotics, and AI-powered logistics software is on the rise, improving efficiency and accuracy. Initiatives like the Karnataka Logistics Policy 2017 and the Smart Cities Mission aim to create a conducive environment for the sector’s growth.
In light of Bangalore’s burgeoning logistics sector, navigating the intricacies of infrastructure, technology, cost, and efficiency is indispensable for ensuring sustained growth. LogiMAT India, a pivotal player in the industry, undertakes the crucial task of mitigating these challenges by introducing a spectrum of cutting-edge international and domestic technologies. This not only presents a unique opportunity for exhibitors and visitors to witness innovative solutions but also serves as a catalyst for collaboration and the growth of businesses. By participating in LogiMAT India, companies in Bangalore can gain unparalleled access into the latest advancements, paving the way for expanded business horizons and access to transformative logistics and transportation management solutions. The upcoming roadshow provides a preview of the growth prospects that lie ahead, featuring prominent exhibitors who are poised to be instrumental in shaping the future of the logistics industry in Bangalore.
The LogiMAT India Roadshow in Bangalore is set to host an impressive line-up of industry leaders, offering attendees a unique opportunity to network and explore the latest technologies. Among the distinguished exhibitors are pioneers in warehouse robotics, Accio Robotics, known for enhancing efficiency and agility in order picking. Armes Maini, leading manufacturers of industrial storage racks, will be showcasing their expertise. IDEC Controls India, specialises in Factory Automation, will present control devices for various mechanisms and manufacturing sites. Cognex India, leaders in vision systems, software, and sensors, will unveil technology solutions for logistics and manufacturing. Jungheinrich, a global leader in intralogistics, will showcase cutting-edge solutions for efficient material handling. Nilkamal Ltd., a stalwart in material handling and storage solutions, will offer a comprehensive range of products designed for optimum efficiency. This curated lineup ensures that attendees gain exclusive access to innovations and insights that set LogiMAT India apart as a platform providing unparalleled opportunities for engagement with industry leaders and exposure to the latest technologies.
Nilkamal Limited expressed their pride and enthusiasm in joining this LogiMAT India 2024, stating, “Proud to announce our collaboration with LogiMAT India! This partnership elevates Nilkamal Limited’s industry presence, providing a valuable platform for networking with like-minded companies. Excited to showcase our innovative solutions and products, we look forward to highlighting our contributions and exploring growth opportunities.” This signifies Nilkamal’s commitment to leveraging the collaborative environment of LogiMAT India to not only showcase their products but also to engage in meaningful networking and contribute to the overall growth of the industry.
The roadshow promises an insightful experience, delving into the intricacies of global logistics expertise brought to the Indian landscape through LogiMAT India. It serves as a benchmark for the logistics and transportation management industries in India, aiming to propel the growth of businesses participating in LogiMAT India and making the most of this transformative platform.
