NewsBizkoot.com

Category: Awards & Recognition

  • Google fires 50 workers amid protests over Israeli cloud deal

    NRI PULSE STAFF REPORT

    APRIL 24, 2024: In the midst of escalating tensions surrounding Google’s cloud-computing contract with the Israeli government, the tech giant has terminated an additional 20 employees, bringing the total number of dismissals to 50, reports CNN. The protests, organized by No Tech for Apartheid, erupted following Google’s controversial business dealings with Israel.

    The organizers of the demonstrations disclosed on Monday that Google had axed another 20 workers, on top of the 30 previously let go. No Tech for Apartheid criticized the mass firings, alleging that some of the terminated employees were merely bystanders during the protests and not actively engaged in the activism within Google’s offices in New York and Sunnyvale, California.

    Google, in response, declined to specify the exact number of dismissals related to the protests but acknowledged the additional terminations. According to a Google spokesperson, the company conducted an investigation into the disruptions that occurred on April 16 and terminated the employment of individuals directly involved in the disruptive activity.

    Despite Google’s assertion that only those directly involved were fired, the organizers of the protests contested this claim, asserting that some of the terminated employees had not caused any disruption within the offices.

    “No Tech for Apartheid” condemned Google’s actions as “an aggressive and desperate act of retaliation” and vowed to persist in their workplace activism. They accused Google of reacting harshly due to embarrassment over the strength displayed by workers during the sit-ins and criticized the company’s handling of the protests.

    The protests stem from Google’s cloud-computing contract with the Israeli government, amidst ongoing tensions following an attack by Hamas militants that resulted in significant casualties in Israel. The subsequent Israeli counteroffensive in Gaza has further fueled the controversy, with a considerable number of civilian casualties reported.

    CEO Sundar Pichai’s recent memo to Google staff urging them to keep “politics” out of the workplace has done little to quell the unrest. Despite Pichai’s plea for employees to refrain from disruptive behavior or political debates, the tensions surrounding Google’s business decisions and their broader societal implications persist.

  • Sanjay Mehrotra led Micron awarded $13.6 billion US grant

    Washington, April 26 (IANS) The US government has announced a plan to award Micron Technology up to $6.14 billion in grants and $7.5 billion in loans to support the US chipmaker’s plan to build new factories, as it strives to bolster domestic semiconductor production.

    Micron last year started construction of its India semiconductor plant in Sanand, Gujarat. The first ‘Make in India’ chip is all set to arrive in December from the Rs 22,500 crore Micron semiconductor plant.

    The White House said that the Commerce Department has reached a non-binding preliminary agreement with the company to provide the proposed funding under the CHIPS and Science Act to back the construction of two leading-edge dynamic random-access memory (DRAM) fabrication plants in Clay, New York, and the development of a high-volume manufacturing fab in Boise, Idaho.

    Micron plans to invest up to $125 billion across both states over the next two decades to build a “leading-edge memory manufacturing ecosystem,” it added, noting the company’s total investment will create over 70,000 jobs, including 20,000 direct construction and manufacturing jobs.

    “With this proposed investment, we are working to deliver on one of the core objectives of President Biden’s CHIPS program — onshoring the development and production of the most advanced memory semiconductor technology, which is crucial for safeguarding our leadership on artificial intelligence and protecting our economic and national security,” Secretary of Commerce Gina Raimondo said.

    The announcement came after the department unveiled a plan last Monday to award Samsung Electronics up to $6.4 billion in grants to support the South Korean tech giant’s chip-making investment in central Texas, reports Yonhap news agency.

    In addition to Micron and Samsung, Intel, TSMC Arizona Corporation, GlobalFoundries, the American subsidiary of BAE Systems Plc, and Microchip Technology Inc. have also been selected as subsidy beneficiaries.

    The CHIPS Act sets aside $39 billion in incentives to encourage chipmakers to build, expand or modernise semiconductor facilities in the US.

    The Commerce Department plans to invest about $28 billion of the total in leading-edge chipmakers, like Samsung.

    The Biden administration pushes to deliver on its plan to produce about 20 per cent of the world’s leading-edge logic chips by 2030.

  • West India’s Productivity Is Getting Impacted The Most Due To Disturbed Sleep Caused By Mosquitoes As Per A Study By Goodknight


    GoodKnight
    Study

    56% of people in the Western region feel mosquitoes are one of the main reasons they are not able to sleep well

    On a national level, more than half of India’s productivity is getting impacted due to disturbed sleep caused by mosquitoes

    PUNE:  More than half (58%) of India’s productivity is getting impacted as people feel stressed/drained out because of disturbed sleep due to mosquitoes. As a prelude to the upcoming World Malaria Day (April 25), this crucial revelation emerged from a survey report unveiled by Goodknight, India’s leading household insecticide brand from Godrej Consumer Products Ltd (GCPL). Titled ‘One Mosquito, Countless Threats’, this pan-India survey commissioned by Goodknight, and conducted by market research firm YouGov, examines public attitudes, and assesses the risks of mosquito-borne diseases. The survey report involved respondents across four regions of India – North (including central zone states), South, West and East.

    The Goodknight report highlights that 62% of males and 53% females expressed that their productivity is getting impacted because of disturbed sleep due to mosquitoes. This is particularly concerning in the context of India’s recent economic surge, where a healthy workforce is paramount. As per industry reports, the economic burden of India from mosquito-borne diseases such as malaria alone is around INR. 16000 crores. As per various estimates, approximately 75% of the economic burden represents the loss of earnings by Indians and the balance towards treatment expenses.

    Geographic zone wise, the West region consisting of states like Goa, Gujarat, Maharashtra, and Rajasthan, seemed the most affected with 67% people in the region feeling their productivity is getting impacted due to disturbed sleep caused by mosquitoes. Southern India comes in at the second spot with 57% people followed by Northern India at 56% and East region at 49%.

    Ashwin Moorthy, Chief Marketing Officer – India, Godrej Consumer Products Limited (GCPL), says, “Goodknight’s ‘ONE MOSQUITO, COUNTLESS THREATS’ is a nationwide survey report that delves into public attitudes and evaluates the risks associated with mosquito-borne diseases. By such initiatives, our goal is to heighten awareness regarding the mosquito problem in India, enable families to act, and offer affordable yet innovative solutions to the country. In India, more than 40 million citizens are affected by mosquito-borne diseases like malaria, dengue, annually. Absenteeism from work, school, social and professional commitments due to illness, healthcare expenses, and reduced productivity, all contribute to economic losses. To maintain the productivity of the Indian economy and keep the GDP score ticking, what is needed on the ground is a steady and healthy workforce. One of the pragmatic ways of addressing this will be to resolve the rising trend of mosquito-borne diseases.”

    Another noteworthy insight from the Goodnight survey is that mosquitoes significantly contribute to people’s inability to sleep well.  Across India, on average, one out of every two adults (50%) identified mosquitoes as amongst the main reason for their sleep disturbances. Interestingly, West India (56%) agree with this statement the most followed by North (52%), South (47%) and East (42%). Furthermore, men (54%) are more inclined to agree with this sentiment compared to women (46%).

    Commenting on the insights from the Goodknight report, Dr. Kirti Sabnis, Infectious Disease Specialist, Fortis Hospital, Mulund, Mumbai, said, “It is critical to understand that a single mosquito possesses the potential to transmit life-threatening diseases. These diminutive, buzzing insects are the silent culprits behind the insidious spread of ailments such as dengue, malaria, and a host of other conditions. They can debilitate the immune system, rendering individuals vulnerable to other illnesses. This persistent threat not only compromises our health but also hampers our ability to lead healthy and productive lives. Safeguarding against mosquito-borne diseases transcends personal responsibility; it is a collective duty we owe to ourselves and our communities.”

    Goodknight is actively engaged in raising public awareness about the dangers posed by mosquitoes and contributing to the national fight against these harmful insects. It has a long history of providing innovative mosquito repellent solutions like the Flash vapouriser and the Advanced Fast Card, protecting families from mosquito-borne diseases. Recognizing the recent health risks of illegal, unregulated, and Chinese chemical-laced mosquito repellent incense sticks, Goodknight recently launched India’s first government-approved, anti-mosquito incense stick, the Goodknight Agarbatti. This innovative product offers consumers a safe alternative to chemical-laden Chinese imports. The launch serves as a call to action, urging stakeholders to collaborate in the ongoing battle against mosquitoes and ensure a healthier future for India.

    Please find appended link to the detailed report: Goodknight Report: One Mosquito, Countless Threat

  • West India’s Productivity Is Getting Impacted The Most Due To Disturbed Sleep Caused By Mosquitoes As Per A Study By Goodknight


    GoodKnight
    Study

    56% of people in the Western region feel mosquitoes are one of the main reasons they are not able to sleep well

    On a national level, more than half of India’s productivity is getting impacted due to disturbed sleep caused by mosquitoes

    PUNE:  More than half (58%) of India’s productivity is getting impacted as people feel stressed/drained out because of disturbed sleep due to mosquitoes. As a prelude to the upcoming World Malaria Day (April 25), this crucial revelation emerged from a survey report unveiled by Goodknight, India’s leading household insecticide brand from Godrej Consumer Products Ltd (GCPL). Titled ‘One Mosquito, Countless Threats’, this pan-India survey commissioned by Goodknight, and conducted by market research firm YouGov, examines public attitudes, and assesses the risks of mosquito-borne diseases. The survey report involved respondents across four regions of India – North (including central zone states), South, West and East.

    The Goodknight report highlights that 62% of males and 53% females expressed that their productivity is getting impacted because of disturbed sleep due to mosquitoes. This is particularly concerning in the context of India’s recent economic surge, where a healthy workforce is paramount. As per industry reports, the economic burden of India from mosquito-borne diseases such as malaria alone is around INR. 16000 crores. As per various estimates, approximately 75% of the economic burden represents the loss of earnings by Indians and the balance towards treatment expenses.

    Geographic zone wise, the West region consisting of states like Goa, Gujarat, Maharashtra, and Rajasthan, seemed the most affected with 67% people in the region feeling their productivity is getting impacted due to disturbed sleep caused by mosquitoes. Southern India comes in at the second spot with 57% people followed by Northern India at 56% and East region at 49%.

    Ashwin Moorthy, Chief Marketing Officer – India, Godrej Consumer Products Limited (GCPL), says, “Goodknight’s ‘ONE MOSQUITO, COUNTLESS THREATS’ is a nationwide survey report that delves into public attitudes and evaluates the risks associated with mosquito-borne diseases. By such initiatives, our goal is to heighten awareness regarding the mosquito problem in India, enable families to act, and offer affordable yet innovative solutions to the country. In India, more than 40 million citizens are affected by mosquito-borne diseases like malaria, dengue, annually. Absenteeism from work, school, social and professional commitments due to illness, healthcare expenses, and reduced productivity, all contribute to economic losses. To maintain the productivity of the Indian economy and keep the GDP score ticking, what is needed on the ground is a steady and healthy workforce. One of the pragmatic ways of addressing this will be to resolve the rising trend of mosquito-borne diseases.”

    Another noteworthy insight from the Goodnight survey is that mosquitoes significantly contribute to people’s inability to sleep well.  Across India, on average, one out of every two adults (50%) identified mosquitoes as amongst the main reason for their sleep disturbances. Interestingly, West India (56%) agree with this statement the most followed by North (52%), South (47%) and East (42%). Furthermore, men (54%) are more inclined to agree with this sentiment compared to women (46%).

    Commenting on the insights from the Goodknight report, Dr. Kirti Sabnis, Infectious Disease Specialist, Fortis Hospital, Mulund, Mumbai, said, “It is critical to understand that a single mosquito possesses the potential to transmit life-threatening diseases. These diminutive, buzzing insects are the silent culprits behind the insidious spread of ailments such as dengue, malaria, and a host of other conditions. They can debilitate the immune system, rendering individuals vulnerable to other illnesses. This persistent threat not only compromises our health but also hampers our ability to lead healthy and productive lives. Safeguarding against mosquito-borne diseases transcends personal responsibility; it is a collective duty we owe to ourselves and our communities.”

    Goodknight is actively engaged in raising public awareness about the dangers posed by mosquitoes and contributing to the national fight against these harmful insects. It has a long history of providing innovative mosquito repellent solutions like the Flash vapouriser and the Advanced Fast Card, protecting families from mosquito-borne diseases. Recognizing the recent health risks of illegal, unregulated, and Chinese chemical-laced mosquito repellent incense sticks, Goodknight recently launched India’s first government-approved, anti-mosquito incense stick, the Goodknight Agarbatti. This innovative product offers consumers a safe alternative to chemical-laden Chinese imports. The launch serves as a call to action, urging stakeholders to collaborate in the ongoing battle against mosquitoes and ensure a healthier future for India.

    Please find appended link to the detailed report: Goodknight Report: One Mosquito, Countless Threat

  • CriticalRiver Announces That 100% Of Its Employees Will Now Have Ownership In The Company Through Stock Options


    CriticalRiver

    Harvard Business Review Outlines Enhanced Productivity and Growth Owed to Employee Ownership

    INDIA: CriticalRiver Inc., a leading technology solutions provider announces that 100% of its employees will now have ownership in the company through its lucrative ESOP initiative, marking a significant milestone in its commitment to empowering its workforce. This move underscores CriticalRiver’s commitment to fostering a culture of customer-centricity, employee empowerment, and shared success. CriticalRiver embarks on a new chapter where every team member has a stake in the company’s future. With over 1,000 employees across 9 global locations, this strategic move reinforces the company’s commitment to retaining its top talent. As part of the transition, CriticalRiver will grant 100 ESOPs to each employee annually based on their years of service. Furthermore, each employee’s account will receive an additional 100 ESOPs each year. This move not only reflects the company’s dedication to building long-term relationships with clients and maintaining a positive company reputation.

    According to the Harvard Business Review, businesses with at least 30% employee ownership tend to be more productive, experience faster growth, and have a lower likelihood of going out of business compared to their counterparts. In addition to ensuring the continuity of quality talent, this model reinforces a customer-centric approach, where employees deeply invest in satisfying clients and meeting their expectations, thereby securing the longevity of the organization.

    Commenting on the milestone, Anji Maram, Founder & CEO of CriticalRiver Inc., said, “This strategic move is more than a milestone; it’s a testament to our confidence in our team and our collective future. Aligning with our visionary goal, we are setting the stage for propelling CriticalRiver towards revenues of $500 million by 2030 and achieving our Initial Public Offering (IPO) vision thereafter. The ESOP further reinforces our commitment to innovation and excellence, ensuring unwavering customer confidence. This strategic shift underscores our unwavering commitment to bolstering client confidence, and we’re further reinforcing the founders’ and management’s steadfast dedication to nurturing the organization’s growth.”

    Chandra Chandragiri, CFO of CriticalRiver Inc., expressed enthusiasm about the new journey, emphasizing the strategic decision as a testament to their faith in their employees, who are now more than ever the pillars of the company’s success. “For clients, this transition promises not only improved service quality but also a partnership model where employees are deeply invested in satisfying clients and meeting their expectations. This alignment fosters better customer service, innovative solutions to client needs, and a shared sense of purpose in achieving mutual success.”

    The initiative is expected to attract and retain top talent, improve job satisfaction, and foster a collaborative, and innovative work environment. It reflects the company’s forward-thinking approach and dedication to creating a sustainable and prosperous future for its employees and stakeholders, enhancing its capability to serve clients as true partners in their journey.

  • KOPA Mall Host Bricks and Blocks Summer Workshop for Kids


    Kopa Mall Host Bricks and Blocks Summer Workshop for Kids

    Offers a fun and educational alternative to traditional summer activities, focusing on creativity, team building, and skill development through LEGO® play

    Takes place on April 19th, 20th, 21st, 26th, 27th, and 28th from 12:00 PM to 9:00 PM at KOPA Mall

    Children can choose from a variety of LEGO® building concepts, while families can marvel at captivating Lego installations on display

    PUNE: KOPA Mall, Pune’s premier luxury lifestyle destination nestled within Koregaon Park, is pleased to announce the ‘Bricks and Blocks’ summer workshop, designed to engage children aged 4-10 years and foster their creativity and skill development through the world of LEGO®.  It will take place from April 19th through 28th (only Friday-Sunday) from 12:00 PM to 9:00 PM.

    The workshop offers a unique blend of activities, team-building exercises, and skill-building challenges, all centered around LEGO®. Parents who value education with entertainment will find this workshop to be the perfect complement to summer break, providing a stimulating indoor activity that beats the heat.

    The children will have the opportunity to participate in a variety of exciting LEGO® building concepts, including space exploration, ocean life, jungle adventures, cupcakes for parties, dream car design, and even futuristic robots. The families can also admire a variety of LEGO® installations on display including Harry Potter castle, the Taj Mahal, London’s Tower Bridge, a motor-driven roller coaster, and even FC Barcelona’s Camp Nou stadium.

    This workshop goes beyond simple fun, promoting creativity, critical thinking, and problem-solving skills in a playful environment. For children, LEGO® is a fun activity that fosters a sense of accomplishment and ignites their creativity. Parents will welcome the value of LEGO® in promoting imagination, self-confidence, and essential problem-solving skills.

    Don’t miss this exciting opportunity for a nominal fee to build memories and unleash your child’s inner building at the Bricks and Blocks summer workshop at KOPA.

    Disclaimer: LEGO® and DUPLO® are registered trademarks of the LEGO® Group of companies, which does not sponsor, authorize or endorse these programs.

  • NDR Warehousing Unveils State-of-the-Art Facility At Pune


    NDR Warehousing Unveils State-of-the-Art Facility in Pune

    The facility has a warehouse area of 0.4 million sq ft

    Constructed within 7 months

    PUNE: NDR Warehousing, a leading player in the warehousing and logistics sector, has today announced the inauguration of its newest state-of-the-art facility in Pune. The inauguration ceremony took place on April 25th, 2024.

    This project is a part of NDR Warehousing’s expansion plan, with ongoing or planned acquisitions of over 80 acres in Pune, indicating a potential for an additional 1.8 million square feet of industrial and warehousing space.

    The facility is going to be leased to an Indian multinational tyre manufacturing company.

    Located in the Taluka Mawal district of Pune, the new facility boasts a warehouse area of approximately 0.4 million square feet and was constructed in a record time of just 7 months. The warehouse’s noteworthy features include an insulated roof and side walls with an adequate air change mechanism, enabling 6 air changes per hour. In addition to its size and advanced construction, the facility incorporates sustainable elements such as the planting of 600 forest trees and a state-of-the-art Sewage Treatment Plant (STP) to treat wastewater.

    With a legacy dating back to 1986, NDR Warehousing has evolved into a premier warehousing powerhouse in India, offering unparalleled quality industrial and distribution centers across the country at cost-effective rates. Currently, NDR owns and operates over 17 million square feet of warehousing space, with an additional 4 million square feet under construction. Its clientele includes Fortune 100 Companies, leading Indian corporates, e-commerce giants, and 3PL players.

    Ramachandran Rajaram, Zonal Head (West), NDR Warehousing said, “Our new facility in Pune is a testament to NDR Warehousing’s commitment to innovation and sustainability. The inauguration of this state-of-the-art facility marks a significant milestone for us, strengthening our presence in the region and setting new benchmarks for the industry. This facility not only addresses the growing demand for warehousing solutions in Pune but also reflects our dedication to environmental responsibility. We are well-positioned to provide cutting-edge warehousing and logistics solutions to our clients, further solidifying our leadership in the industry.”

    NDR Warehousing Pvt Ltd is the sponsor of NDR InvIT Trust, India’s first “Perpetual Warehousing and Industrial Parks InvIT”. The InvIT was privately listed on 14th February 2024.

  • BN Group Forays Into The Wellness And Fitness Oil Category With Nutrica


    Anubhav Agarwal, CEO & MD, BN Group

    With substantial investment into a world-class manufacturing facility, the company 

    aims to capture a 10% market share in the next three years

    Aim to achieve a turnover of INR 500 crores at the end of 3 years

    PUNE: BN Group, a leading edible oil manufacturing company in India, announces its foray into the wellness and fitness oil category with the launch of Nutrica. The brand will have three products in its initial launch phase – Nutrica Pro Immunity Oil, Nutrica Pro Energy Oil, and Nutrica Pro Fitness Oil enriched with Vitamin C and tailored to address the distinct culinary requirements of diverse families, placing a special emphasis on holistic health and wellbeing.

    Speaking on the launch of Nutrica, Mr. Anubhav Agarwal, CEO & MD, of BN Group said, “BN Group has a long-standing reputation for being at the forefront of innovation. The launch of Nutrica underscores this commitment and reflects our deep understanding of evolving consumer preferences. With a growing number of health-conscious consumers seeking out organic and cholesterol-friendly options, we believe Nutrica is perfectly positioned to meet this demand. Keeping in mind the evolving culinary preferences of emerging health-conscious consumers, we have invested a substantial amount in Nutrica and aim to achieve a turnover of INR 500 crores at the end of 3 years.”

    As per a recent report, the Indian edible oil market touched a volume of 24.7 Million Tons in 2023 and is expected to touch a CAGR of 1.35% during 2024-2032. The launch of Nutrica forges a strong connection between the brand and health-conscious consumers who are seeking a range of versatile cooking oil options and aim to live a healthy lifestyle.

    With the state-of-the-art manufacturing unit in the Gandhidham, Gujarat facility, Nutrica Pro Immunity Oil, Nutrica Pro Energy Oil and Nutrica Pro Fitness Oil will be available across all retail modern and general outlets in the launched markets – Delhi, Chandigarh, Mumbai, and Pune, along with quick commerce and e-commerce platforms.

    “We are committed to reshaping the market landscape with a focus on uncompromising quality, contemporary technology and above all, the well-being of our consumers. Leveraging our extensive experience in crafting premium edible oils, we are confident that Nutrica will redefine standards in the culinary domain,” he further added.

    From its inception back in 2013, BN Group has been one of the prominent players in the edible oil category in India, with brands such as ‘Simply Fresh’ and ‘Healthy Value’. With a robust offline presence boasting nearly 600 distributors and 50,000 direct outlets, the company ensures convenient access to its products for a wider customer base.

  • Interview: Darshan Ghodawat CEO and Managing Director AVA Global Logistics LLP


    Darshan Ghodawat, CEO and Managing Director, AVA Global Logistics LLP

    Please brief us on the glorious journey of AVA Global Logistics LLP.

    Since its inception in December 2014, AVA Global Logistics embarked on a modest mission to address internal logistics needs. In just eight years, we have evolved into a leading logistics service provider, serving over 350 clients, including numerous publicly traded corporations. Experiencing this transformation has been one of the most gratifying highlights of AVA Global Logistics’ journey. Our journey is marked by significant milestones, starting from our founding and including pivotal moments such as the early adoption of real-time information integration, implementation of container oversight systems, and delivery of personalized services. These achievements underscore AVA Global’s dedication to excellence and our relentless pursuit of surpassing customer expectations. They exemplify our commitment to providing innovative solutions that cater to the evolving demands of our clients, aligning with our goal of becoming a trusted partner in the logistics sector.

    Please brief us about the products or services offered by your company.

    When we talk of freight forwarding in India, AVA Global Logistics has distinguished itself through its strategic focus on being customer-driven. Our company offers a comprehensive suite of logistics services tailored to meet the diverse needs of our clients. These services encompass real-time container tracking, shipment information, and specific answers, among others. By providing transparency, efficiency, and customised offerings, we ensure that our clients’ requirements are not only met but exceeded. Whether our clients require domestic or international logistics support, AVA Global Logistics is dedicated to delivering services that precisely align with their needs. Our vision to offering a wide range of services enables us to address the unique challenges and requirements of clients across different locations effectively.

    What are the company’s growth strategy and expansion plans?

    AVA Global Logistics’ success strategy revolves around its early adoption of real-time information, container monitoring, and offering personalised services. These initiatives have bestowed upon us an advantage by enhancing clarity, building competence, and customer satisfaction. By meticulously addressing our clients’ specific points and needs, we have not only maintained but expanded AVA’s footprint in this fiercely competitive market. Our extensive experience and expertise, helps us develop bespoke measures styledto tackle the various distinct situations encountered by clients across various industries. Our focus remains on finding alternatives, coupled with customer satisfaction, enables us to consistently deliver value across different sectors, ensuring our operations remain adaptable and efficient.

    Demonstrating adaptability to the dynamic logistics sector, AVA Global Logistics proactively integrates cutting-edge technology into its operations. We understand the industry’s demand for real-time information and streamlined container movement, and have diligently sourced and incorporated the finest software available into our operations. This modern outlook guarantees that our clients receive the most up-to-date and efficient services available. By remaining at the forefront of technological advancements, AVA Global Logistics will continue to implement its strategy of providing efficient and dependable logistics services. With ambitious expansion plans on the horizon, particularly in surface transportation and technology aggregation for diverse logistics arrangements, we are committed to leveraging advanced technology to bolster the productivity, opaqueness in operations, and reliability of our services.

    How are AVA Global and other players in this industry navigating through high fuel prices?

    The escalating cost of fuel directly impacts the bottom line of logistics businesses, as shipping costs rise in response to these increased prices. This surge in transportation costs has reverberated throughout the transportation sector, resulting in higher prices for goods and services reliant on transportation, such as food, consumer goods, and building materials. To address the impact of rising fuel costs, logistics firms are undergoing fundamental changes in their operations. They are implementing strategies to optimise fuel usage, improve fuel efficacy, and explore alternative energy sources where feasible. Additionally, companies are reevaluating their transportation routes, modes of transport, and logistics networks to minimise fuel consumption and mitigate cost increases. Despite these impediments, there is optimism that the situation is not long-term, and inflation will be brought under control. As the industry continues to adapt to the evolving fuel landscape and implement innovative remedies, we at AVA Global remain committed to finding efficient and sustainable ways to navigate through high fuel prices while maintaining the quality and reliability of our services.

    What are the main obstacles that a logistics company has to face in the current environment?

    One notable challenge is navigating the contours of the logistics industry while striving to set ourselves apart from other players in the market. To overcome this hurdle, we have prioritised thinking out of the box and made investments in cutting-edge technology to enhance our services and optimise our operations. By leveraging advanced tools and systems, we aim to deliver greater competence, clear working insights, and reliability to our clients. The other challenge is in building and maintaining strong relationships with our partners and stakeholders. Collaboration and communication are essential for smooth operations and successful outcomes in the logistics sector. Therefore, we place a strong emphasis on cultivating and nurturing these relationships to ensure seamless cooperation and mutual success. Staying true to our core values and remaining agile in the face of tricky situations have been instrumental in overcoming obstacles and achieving success. I believe that by taking progressive measures, fostering strong partnerships, and adapting to changing market dynamics, we can emerge stronger than ever before.

    Please brief us on your outlook on the logistics industry.

    In today’s interconnected world, global trade and supply chain management have never been more crucial. To thrive in the logistics industry, it’s imperative to leverage knowledge, demonstrate unwavering promise toward your work, and adopt a future-oriented strategy. At AVA Global Logistics, we have been at the forefront of elevating the standard of logistics services in our country. By consistently delivering the best, we not only benefit our clients but also contribute to the overall growth and development of the logistics ecosystem in India. Looking ahead, I envision the logistics industry evolving towards the establishment of companies with robust procedures in place. This style of working enables businesses to navigate through changes and evolving situations effectively, ensuring the sustainability and prosperity of the entire logistics landscape. As we continue to innovate and adapt to the evolving needs of our clients and the industry as a whole, I am optimistic about the future of the logistics sector and its vital role in facilitating global trade and commerce.

    Please share with us the success mantra of your company.

    The success mantra of Ava Global revolves around foresight, resilience, and innovation. We believe that young and aspiring entrepreneurs should focus on the business landscape not just for the present, but a decade or more into the future. By emphasising the importance of building long-lasting companies with well-structured processes, businesses can effectively withstand obstacles, ensuring their success in the long run.  Addressing industry adversities and providing innovative fixes to meet the specific needs of clients is paramount. We encourage entrepreneurs to combine a forward-thinking approach with robust practices and a customer-centric mindset to thrive in today’s challenging markets. By staying ahead of the curve and constantly innovating, entrepreneurs can pave the way for their companies’ success and make a lasting impact in their respective industries.

  • Vesavar Art Gallery Celebrates One Year Milestone with Prabhakar kolte’s ‘Saga’


    Vesavar Art Gallery

    Known for his mastery in the realms of poetic and metaphysical abstractionism, Prabhakar Kolte brings his distinguished artworks to Vesavar Art Gallery for public view from April 5 to June 9

    PUNE: The city’s favorite art hub, Vesavar Art Gallery, marked its inaugural year of creative brilliance with great enthusiasm. The gallery, in collaboration with Treasure Art Gallery from Delhi as co-curator, proudly unveiled ‘Saga’ – a captivating exhibition by one of the greatest abstract painters in India, Prabhakar Kolte.

    Known for his mastery in the realms of poetic and metaphysical abstractionism, Prabhakar Kolte, aged 78, brought his distinguished artworks to Vesavar Art Gallery for the first time. His journey from humble beginnings as a freelance illustrator to a renowned artist was nothing short of remarkable. Kolte’s artistic journey was deeply intertwined with meditation, drawing inspiration from the spiritual teachings of Marathi Sant Dnyaneshwar’s Bhagavad Gita commentary.

    His paintings embody a vibrant artistic life, pulsating with the essence of existence itself. They resonate with life’s solemn tones and luminosity, captivating the viewer’s inner being through visual engagement. Kolte’s paintings reflect his desire to infuse specific energies into his art. Whether dark, light, or bright, his works demonstrate a shift towards a richer chromatic palette, departing from the stark, pale, monochromatic grounds of his earlier years.

    Expressing his happiness to showcase his work after almost two decades, Prabhakar Kolte shared, “My artistic voyage commenced with simple black and white sketches, gradually evolving to embrace a spectrum of colors. Initially, I relied on rudimentary canvas tools. With three decades in the industry, my art revolves solely around expression; the idea is never preconceived before it meets the canvas.

    I’m very happy to be back in this city after so long. And feel grateful to the founders of the gallery who have created such a beautiful space for art lovers.”

    The prestigious exhibition was inaugurated by Sabina Sanghvi, the multifaceted entrepreneur and media personality, who has championed many social causes. “Team Vesavar’s unwavering belief in art, the city, and the artists is truly commendable. I’m delighted to inaugurate this exhibition and I’m committed to promoting young artists, musicians, and dancers from Pune as it is known as the cultural capital. Prabhakar Sir’s paintings are truly remarkable, and I anticipate enjoying them for years to come. The art of this stature cannot be consumed and understood in just one visit. It’s powerful and requires multiple viewings to fully appreciate. Kudos to the team,” Sanghvi expressed.

    The founder of Vesavar, Kavita Bhandari said, “On this remarkable occasion of our one-year anniversary, we’re thrilled to announce that Vesavar Art Gallery has completed 10 exhibitions. It’s been an incredible journey for us, filled with growth and achievement.”

    Co-founder, Pranali Harpude added, “From our humble beginnings to this significant milestone, we’ve been fortunate to have the unwavering support of the Bhandari family. We’re immensely grateful for the trust and belief showed by all the artists. This anniversary marks not only a celebration of our accomplishments but also a reaffirmation of our commitment to fostering artistic expression in our community.“

    Visitors to Vesavar Art Gallery have the opportunity to experience Prabhakar Kolte’s collection firsthand, delving into the profound beauty of his artwork showcased during the exhibition.