कोरोना काल में जब लोग आर्थिक संकट से जूझ रहे हैं और ज्यादातर बिल्डर अपना मेंटेनेंस चार्ज कम करके अपने रेजिडेंट्स का बोझ कम करने की कवायद में जुटे हुए हैं, बिल्डर एल्डेको इन्फ्रास्ट्रक्चर नोएडा सेक्टर-119 स्थित सोसाईटी एल्डेको आमंत्रण में मेंटेनेंस चार्ज बढ़ा रहा है। इतना ही नहीं, एल्डेको बिना काम को पूरा किए हुए ही हैंडोवर देकर पिछले दरवाजे से बाहर निकलने की फिराक में है।
गौरतलब हे कि एल्डेको आमंत्रण के निवासी अपार्टमेंट ओनर्स एसोसिएशन (एओए) के बैनर तले “से नो टू एल्डेको” कैंपेन चला रहे हैं और सैंकड़ों की संख्या में सड़क पर उतर कर बिल्डर के खिलाफ विरोध प्रदर्शन करने की तैयारी में हैं। एल्डेको एओए के अध्यक्ष रौनी दत्ता ने बताया, “कोविड-19 महामारी के इस बुरे वक्त में बिल्डर एल्डेको आमंत्रण का काम अधूरा छोड़ते हुए जबरदस्ती हैंडओवर देकर आर डब्ल्यू ए को सौंपने की धमकी दे रहा है और साथ ही मेंटेनेंस चार्ज बढ़ा रहा है जिससे सोसाइटी के निवासियों में गहरा रोष है। इसी वजह से हम ‘से नो टू एल्डेको’ कैंपेन चला रहे हैं और हमें उम्मीद है कि सोशल मीडिया और विरोध प्रदर्शन के द्वारा हमारी आवाज बुलंद होगी और एल्डेको बिल्डर अपनी मनमानी से वक्त बाज आ जाएगा। हम सभी निवासी एल्डेको बिल्डर से परेशान हो चुके हैं और जरूरत पड़ी तो मुख्यमंत्री श्री योगी आदित्यनाथ से भी हम गुहार लगाएंगे।”
मीडिया से जुड़े हुए एल्डेको आमंत्रण निवासी निखिल सिंघल ने कहा, “मैं एल्डेको आमंत्रण के निवासियों के दुख-तकलीफों से भरी इस आवाज को और मुखर बनाने में पूरा सहयोग करूंगा। महामारी के इस दौर में एल्डेको को रेजिडेंट्स का सहयोग करना चाहिए। उसे यह याद रखना चाहिए कि ये वही लोग हैं जिन्होंने अपना प्यार और भरोसा देकर एल्डेको को इतना बड़ा ब्रांड बनने में मदद की है और आज यही एल्डेको बिल्डर निवासियों के साथ ऐसा सलूक कर रहा है जो निश्चित रूप से निंदनीय है। सोसाईटी के बहुत से लोग आज आंदोलन करने की तैयारी कर रहे हैं और कठिन प्रयासों के बावजूद उनको समझाना मुश्किल हो रहा है। हमारे लिए एक और चिंता का विषय है कि ऐसे में आंदोलन होने पर सोशल डिस्टेंसिंग का पालन कराना भी कठिन हो जाएगा ऐसे में एल्डेको द्वारा लिए गए इस निर्णय को तुरंत प्रभाव से वापस लेना बेहद जरूरी है जिससे इस मामले को जन-आक्रोश में बदलने से रोका जा सके।”
लोगों का कहना है कि एल्डेको बिल्डर वर्षों से कमाई अपनी साख को ताक पर रहकर इस तरह का गैरजिम्मेदाराना रवैया इख्तेयार कर रहा है और कोरोना के इस वक्त में बिल्डर को मेंटेनेंस चार्ज कम करना चाहिए और कोई भी ऐसा कदम नहीं उठाना चाहिए जिससे निवासियों को मिलने वाली मूलभूत सुविधाओं मे कोई रूकावट आए। एल्डेको से त्रस्त ये खौफजदा लोग सड़क पर उतरकर विरोध प्रदर्शन के साथ ही सोशल मीडिया कैंपेन चलाते हुए डिएम, स्थानिय प्रशासन एवं मुख्यमंत्री योगी आदित्यनाथ से भी इस बाबत शिकायत करेंगे।
Shriji Arvind Singh Mewar of Udaipur, Chairman and Managing Trustee, Maharana of Mewar Charitable Foundation, Udaipur released the book titled ‘Hasthyayurveda’ composed by Palkapya Muni transcripted from Sanskrit to Hindi language by Dr. (Smt.) Madhubala Jain, the profound scholar and Sanskrit Panditya from Udaipur.
Ayurveda is not only the oldest medical system of the world adopted in Indian society since centuries, but it is also the science of life. Rishis and Sages have always made the living welfare work ‘karma’ as a duty towards mankind ‘dharma’ and presented it to the society. The sages invented the science and knowledge keeping in mind the interests of environment, vegetation and the entire world with not just limiting to Human life. In order to eradicate incurable diseases from their roots, Animal Ayurveda texts were also produced in the same way as Human-Ayurveda. These included Gavayurveda by Sahadeva, Ashwayurveda by Shalihotra, Hasthyayurveda and Gaja Shastra composed by Palkapya Muni, a contemporary of King Dasharatha in Tretayuga.
Both of these books of Palkapya Muni are the oldest texts in Hasti-Vigyaan. Hasthyayurveda is written in both prose and verse form. This entire book is written in a style of conversation. This book describes the detailed guidelines of the origin of elephants, the disorders caused in them, causes of disorders, symptoms of disorders, nature of disease, method of treatment, process of making medicines, age of elephants, medicine uses based on nature and climate etc. Hasthyayurveda is the physiology of elephants. There are a total of four sections in this entire book, out of which describes a total of 160 chapters and 315 diseases occurring in the body of elephants in about 12 thousand verses (Shlokas).
Maharaj Sahib Shri Bagh Singh Ji Karjali organised writing of this manuscript of Palkapya Rishi titled ‘Hasthyayurveda’ in the Vikram Samwat 1811 (1754 CE). This book is published by Maharana Mewar Historical Publications Trust, The City Palace, Udaipur. The Line sketch pictures related to medical and examination of elephants are also shown in this book.
Evidence based architectural designs could be the basis of India’s efforts to meet its commitment towards climate change.
Over the years we have believed in the notion that the buildings consume 40% of the energy produced, or they are responsible for 65% of the total global emissions across the world. It is important to understand why the impact is significant even though we are driven by the idea of sustainability since the early 2000s.
Moreover, the young architectural professionals need to understand the significant contributions they can make at the micro level (in terms of the built environment) to the 2050 deadline set during the Paris Agreement 2016 Conference of the parties (CoP21) by UNFCCC. Even though Sustainability or Environmental designing is an integrative and iterative process, in recent times the term “sustainability” has been associated mostly with acquiring certification by the developers to attract investors. For this purpose they emphasize on material and fixture optimization rather than occupant centric adaptive architecture, which should proceed from spatial optimization to attuning the built form to the natural rhythms to reduce the energy requirements for building operation.
As architects, it is important to understand the post occupancy behavior of our designs as each architectural design impacts how well the building would operate. A basic analogy can be made with a human body, as any ailment or disruption in body functionality triggers negative or counter responses. In an era, where majority of industries are driven by data, architects and designers could focus on evidence-based design, where indoor and outdoor environmental qualities for occupant comfort are prioritised by quantifying the modern and vernacular techniques.
This could help achieve an environmentally and contextually responsive design, moving away from the ideology to achieve visual cohesion and standardized indoor environment for the built environment and avoiding heavy reliance on mechanical conditioning and artificial lighting, which is a result of the reliance on a comfort model that was articulated in 1950s for understanding the thermal interactions between the surrounding atmosphere and human body, devoid of the location and spatial program, restricting the human comfort to a 240C threshold, neglecting a wide range of thermodynamic exchanges for adaptive comfort, which standards like the IMAC (Indian Model of Adaptive Comfort) focus on. Thus, Environmental Architecture or Enviro[ARCH] should be taken as an architectural challenge which emphasizes on a performance based design which focuses on occupant comfort, thus making artistic aspect scientifically plausible.
Does stress impair your immune system or rather enhance it to work better? What actually happens when you feel stressed, do you start working harder or become anxious, sad or depressed?
Stress really lies at the heart of whether or not our internal experience is matched to our external experience i.e., the events that are happening to us and around us. The ability to control our internal real estate i.e., nervous system that includes the brain and body, also how that nervous system interacts with the outside world determine our response to stress.
If you understand the evolution of humans on earth, you know that we humans evolved from a stage where the whole focus was on survival, to safeguard from famine then to various other stages. The system that governs what we call stress is generic not meant to handle one type of situation only. It’s good news as that gives us power to put a break on stress whenever we want.
To understand the control mechanism for stress we need to first distinguish between stressors which are the things that stress us out and stress which is the psychological and physiological response to stressors.
For typical workplace related stress, the stressors could be excessive workloads, unclear performance expectations, no control or say on decision-making & lack of peer comradeship etc. If employee doesn’t take steps to mauver through these stressors, he/she ends up feeling stressed.
The very first step to manage stress is to Track Your Stressors. You need to take a note of talks, person or even physical set-up which create stress for you. Also, note your response corresponding to those stressors i.e., your feeling, thoughts and physical reactions once you face those stressors. Observe your responses closely.
Create Thoughtful Responses against the stressors is the next step. If you know some of the tactics like not accessing digital channels of communication for a few hours and focus on work only, or going for walk, talking to family on some pleasant topics etc. gives you relief, do that. Or else the best technique is to give a break to yourself and focus on the base of life i.e., breathing. Get involved in the thoughtful exhale and inhale for a few mins.
When you get some challenging assignments or you get a tough boss or not so supportive peers, give yourself a pep-talk and Take Ownership. Take ownership of your actions. Believe in playing your role in life just like the Sun, wind and rain. They probably don’t expect any response from the receivers, they just do what they have to do.
These actions will help you to ground better when you feel like life is weighing on you or you are kind of being pulled by the currents of life. It’s good to remember that life doesn’t judge it simply teaches by consequences. Inaction leads no-where.
Live a thoughtful, peaceful and action-oriented life. The process of life is the interaction between its outer and inner worlds. Outer world is of people, things and situations. The inner world is of mind, intellect and memory. Ability to manage stress is dependent upon how beautifully you can find a balance between the outer world and the inner world. Whenever you feel shattered because of the stress monster, instead of doing your best to keep this monster at bay, invite it for tea and observe it. Track the stressors, create thoughtful responses and take ownership.
Every great idea begins with a dream but if we have within us the strength, the patience, and the passion to reach for the stars to change the world, we can easily accomplish any task at hand. An inspiring figure of success amidst adversities, Dr Sanjay Gupta, Chairman, Ramagya Group has been awarded doctorate degree by the Open International University for complementary medicines – Colombo (OIUCM-Colombo, Sri Lanka) for his exceptional contribution to education sector and his service to the mankind. The degree was bestowed on Dr Sanjay Gupta at a conferment ceremony held at Kualalumpur in Malaysia.
With the potential to excel and the desire to succeed, Dr Sanjay Gupta has accomplished various feats and won prestigious awards and recognitions from renowned institutes of the country. For his extraordinary contribution to education, he has also been conferred the Asia Pacific Achievers Award by Uttar Pradesh Chief Minister Shri Yogi Adityanath.
Accepting the honorary doctorate in the presence of who’s who of the world of education, Dr. Sanjay Gupta, Chairman, Ramagya Group said, “I am honoured to have been awarded this doctorate. I would like to express my great appreciation for this recognition of our efforts towards transforming the country’s education system on international platform. In a way, it has added to my responsibilities of continuing to live by example while taking Ramagya Group of Schools to the next level of excellence.”
Ramagya School affiliated to CBSE & CIE boards is located in the heart of Noida, Sector 50 within a sprawling campus area of more than 3 acres. The school’s enviable scholastic and co-scholastic attainments are attributed to an eclectic mix of faculty having more than 15 years of teaching experience. As part of the management policies, teachers of Ramagya School Noida are regularly attending international and national seminars and conferences thus broadening their horizons of academic excellence both at national as well as international platforms.
Ramagya School, Noida is one of the trendsetter schools in India due to its contemporary teaching pedagogies which incorporate best practices of Maria Montessori, Howard Gardner’s multiple intelligence, Montessori Learning Corridors, Reflective Corners, Word Wall, Open Doors and the school’s own customised ‘flexi learn technology’ at the secondary and senior secondary level. The curriculum followed at Ramagya boasts of its global lineage with wide-ranging core subjects, students and teachers exchange programme for global exposure and an ideal student-teacher ratio of 25:1. For a greater balance of mind-body-soul, Ramagya School has devised education as a way of life for the students under its roof. Programmes like ‘Know your Brain’ and ‘Baal Saathee’ help in promoting physical, emotional and psychological wellness of the students and boost their confidence to achieve greater heights. Also, programmes like ‘Geeta Saar’ and ‘Stories of Panchtantra’ help the students by imparting wisdom and knowledge of ancient scriptures in an engaging and interesting way to enhance their life skills and prepare them for leadership roles. The school has also incorporated Transcendental Meditation as a ‘Quiet Time Programme’ for children and teachers which helps in minimizing anxiety, managing stress and also improve brain functioning thus making teaching and learning a simple and enjoyable activity. In sports education, the Ramagyans have special access to Noida’s top sports academy (Ramagya Sports Academy) that offers world-class training in 35+ sports, in association with Indian sports legends like MS Dhoni, Yuvraj Singh, and Bhaichung Bhutia. Ramagya School has also joined hands with globally acclaimed and famed universities and organizations such as UCLA, Cambridge University, British Council and Goethe Institute, Germany, which share the common goal of enhancing student learning. The collaborations have been made with a commitment to enrich educational experiences for the students. For these reasons, Ramagya School, Noida has been voted as one of the top 5 senior secondary schools in Delhi- NCR and is also listed amongst the 30 great Indian Schools.
Litigation funding is where a third party provides the financial resources to enable costly litigation or arbitration cases to proceed. The litigant obtains all or part of the financing to cover its legal costs from a private commercial litigation funder, who has no direct interest in the proceedings. In return, if the case is won, the funder receives an agreed share of the proceeds of the claim. If the case is unsuccessful, the funder loses its money, and nothing is owed by the litigant. Litigation Financing is a very old concept and has been permitted in England and Wales since 1960’s. Third-party litigation funding is permitted in India. There is no specific public body that oversees or governs third-party litigation funding. However, the terms of such contract are subject to the Indian Contract Act, 1872.
Litigation Financing has been a little-known concept for litigants and law firms in India. Some of the world’s top litigation financing firms are planning to open their offices or representative offices in India to tap Indian Market which is full of opportunities. Litigation Financing would safeguard the litigants to lose huge legal costs in big-ticket claims, on the other hand it will give a chance to Litigation Financiers to get higher returns on their investment when decisions come in favour of the party to whom they are backing. These transactions are non-recourse, means there is no recovery would be made if the judgement is not in favour of the litigant.
The corona virus pandemic has hit the economic growth of India and lots of businesses suffered huge losses, causing more legal contractual disputes between the companies in India. Indian companies have only one option to fight the case and pay hefty legal fees to lawyers who are very expensive. Companies are not able to meet the working capital requirement due to payment of hefty legal fees to the lawyers. Number of cases having good merits are going uncontested in India. Last year two notable examples of third-party funding have raised awareness amongst corporate finance advisors to see litigation funding as an alternate means of financing: the monetisation of arbitration award in Hindustan Construction Company and Patel Engineering. Major infrastructure companies in India are struggling with stressed assets and huge pending claims, litigation funding would definitely help them to settle their claims.
India has more potential in the monetisation of claims than London, Singapore, and Hong Kong. The return on this type of financing is more than 50%-100% in some cases which is considerably better return on any investment done in any conventional corporate finance deals in the Indian Market.
Indian legal sector is growing very fast for last few years. However, the clients are still very conscious spending money on litigations even having good merits. Litigation Funding would be welcomed by the clients and will have excellent future in India. However, India needs a strong regulatory framework focusing disclosure, qualifications and conduct of litigation funders.
(The article is authored by Mr Priyanshu Kumar, Managing Director – Head of Legal & Corporate Advisory, MP Morgan Capital)
Revolutionising the way the professionals and the companies work in the new era of technology driven world of business, Let’s Connect, a frontrunner in flexible workspace industry, has emerged as provider of world-class Coworking Office Spaces exclusively for Startups, independent professionals and talented people. Offering premium and exquisitely crafted Coworking spaces, Let’s Connect aims to expand its wings all across the country.
‘Let’s Connect Coworking Spaces in Noida are built for those who aspire to work on their own freedom and have the passion in their work to lead a balanced lifestyle altogether. These Coworking Spaces are flexible, scalable, equipped with latest IT Technologies, and quite affordable for individuals as well as expert teams to have the highest work performance from the first day onwards. With the future of work changing rapidly, various industries have shifted to agile strategies to optimise their workforce best. Evolving with these changing needs, Let’s Connect has already emerged as a leading provider of coworking space in Noida.
Mr. Sagar Narang, Founder, Let’s Connect said, “At Let’s Connect, we take pride in offering wonderfully designed state-of-the-art shared office spaces exclusively where the gen-next entrepreneurs are conveniently being able to give wings to their dreams and aspirations. Here they can create their own workspace model to fulfil their specific requirements from office work to organising meetings and events. We believe in offering our platform as a place to nurture best minds and provide them with a premium experience for startups to begin their journey in competitive markets. ”
While the Companies and Startups today consider various factors like ease of access, additional costs, reliability, stringent health and sanitations prior to selecting workspaces and offices, Let’s Connect shared office spaces cater to all these requirements. Even with the availability of beautifully furnished private rooms and Meeting Rooms, Let’s Connect has already gained a distinct competitive edge over its counterparts in offering coworking space in Delhi /NCR.
Now that the Indian economy is showing decisive sings of a V-shaped recovery, the demand for shared as well as Co-working office spaces is growing on fast pace. Such office spaces relieve to operate from a private office space that requires huge investment; hence the emerging entrepreneurs choose Fully Furnished Coworking spaces offered by Let’s Connect for their growth. All through its avant-garde offerings Let’s Connect is all set to create a way of living in cities that is focused on community and convenience.
Pachar Group, a trailblazer in developing high end real estate and luxurious hospitality projects, presents a grand luxury to travel connoisseurs seeking a calm peaceful ambience without compromising world class facilities in the lap of nature at its royal property- “Aaram Bagh, Pushkar”.
The property takes you back 1000 years ago with a quick deep dive into history depicting 5 most significant civilization of the world. It has 63 rooms based on ancient civilisation viz. 16 Arabian royal suites, 12 Persian royal suites, 12 Egyptian royal suites,12 Greek royal suites and 8 Tribal villas based on rural theme.
Egyptian court portrays the great Pharaoh built the pyramids some 5000 years ago and civilization developed along the banks of River Nile, showing in detail sphinxes, obelisks, Egyptian God and its history.
Persian court shows the civilisation born in Mesopotamia about 5000 years ago and developed along the banks of River Tigris and Euphrates, being ruled successively by Sumerians, Assyrians, Babylonians and finally followed by Persians.
Greek court depicts in detail the civilization belonging to a period of Greek history from the Greek Dark Ages of the 13th–9th centuries BC to the end of antiquity (c. 600 AD).
Chinese architecture is a style of architecture that has taken shape in East Asia over many centuries. The structural principles of Chinese architecture have remained largely unchanged, the main changes being only the decorative details. Since the Tang Dynasty, Chinese architecture has had a major influence on the architectural styles of Korea, Vietnam, and Japan.
Tribal Courts are best place to experience lives of tribes which are groups of distinct people who remain dependent on their land for their livelihood and are largely self-sufficient.
This beautiful property takes you back into more than 1000 years ago and gives you an opportunity to relive the history which is just available to read in books. More than 5 civilisations can be experienced at one place and that too without compromising on the facilities and comfort which people expect when enjoying their holidays. What else a travel aficionado can ask for!
With a determined focus on timely delivery of real estate projects, Mr Ajay Chaudhary, CMD, Ace Group has steered his firm to newer heights of glory while fulfilling the dreams and aspirations of seekers of both affordable and luxury housing
A name to reckon with in real estate sector, Mr Chaudhary has created benchmarks in terms of timely delivery of real estate offerings to its valued customers. Under his astute leadership, Ace Group is giving consistently stellar performance with a strong commitment to maintain quality yardsticks. Transforming the skyline of NCR, Ace Group has established itself as an industry leader by setting benchmarks one after another.
Established in 2010, Ace Group has completed projects covering an area of 8.5 million sq ft (approx 8 lakh sq mtr) while another 12.8 million sq ft (approx 12Lac sq mtr) are under construction. Among its completed residential projects include ACE Platinum, ACE City, ACE Aspire and ACE Golfshire, all of which have gained considerable customer attention.
Steered by Mr. Chaudhary, Ace Group has also established a series of milestone commercial projects including City Square and ACE Studio. ACE Parkway, Ace Medley Avenue and Ace Divino, among others, are currently underway. Recently Ace Group has announced that its prime residential project ‘Ace Golfshire’ has been completely sold out. Located at Sector 150, Noida, Ace Golfshire offers 2 and 3 BHK apartments comprising 455 units set amidst great ambience embellished with international specifications.
Ace Golfshire is situated in Noida’s greenest residential locale as the Noida Authority is developing a massive 42-acres Shaheed Bhagat Singh Park at Sector-150 at a great pace. The project offers its residents scenic views of the vast area of beautiful unspoiled greenery, presenting soothing and calming environs. While such recuperating natural luxury is hard to find in the entire NCR, Ace Golfshire is also strategically situated in the close proximity to Noida Expressway, metro station, shopping complexes, hospitals and world-renowned education hubs.
Says Mr. Chaudhary, “Our belief since the starting has been to deliver projects on time without any compromise on the aspect of quality. Sticking to this motto has always given us excellent results.”
It is worth noting that Ace Golfshire was one of the first two projects to be completely delivered in sector 150 Noida. Though, this kind of success is not new to Ace Group as it has successfully sold out and delivered a series of projects including ACE Golfshire, ACE Platinum, ACE City and ACE Aspire, to name a few among others. Thus, Ace Group has successfully achieved its goal of delivering credible and sustainable real estate projects
Apart from all these landmark projects, Ace Group has partnered with Godrej Properties Limited for a 100-acre township called ‘Golf Link’ in Greater Noida. The project will have luxury villas/apartments and housing units with a 9-hole golf course in a serene setting. ‘Godrej Palm Retreat’ in Sector 150, Noida, is another joint venture project of Ace Group with Godrej. Moreover, Ace Group has joined hands with ATS for ‘ATS Destinaire’ and with ABA Corp for ‘County 107’. Ace Group has also formed a joint venture with Bengaluru-based prominent real estate developer Prestige Group.
Ace Group enjoys a strong brand equity with a strong delivery track record in real estate sector. Even at this time when most of the players are keeping away from launching any new project, Ace Group has recently launched limited edition 3-4 BHK ultra luxury towers “X Residences” at its premium residential project Ace Parkway located at Sector 150, Noida.
A man of exemplary vision and enterprise, Mr. Chaudhary believes in the importance of creating long-term relationships with his customers, investors and dealers. He says there is only one way to earn customer loyalty and that is through timely delivery of projects. His undying passion for scaling professional heights has resulted in Ace Group gaining strong brand equity. Under his stewardship, Ace Group has emerged as one of the foremost real estate developers in just over a decade of its existence. With a belief in creating modern, elegant, and state-of-the-art residential and commercial real estate projects, Mr. Chaudhary has successfully carved a niche for Ace Group in the industry.
He feels proud to have played a major part in providing affordable and luxurious projects in NCR and it is no wonder that the Ace Group has developed a strong foothold in the real estate sector by creating innovative futuristic spaces.
At the helm of affairs from a young age, Ajay understood the importance of celebrity endorsements well in time. He roped in the celebrity interior designer Gauri Khan for the ‘Ace Golfshire’ and ‘ACE Parkway’ projects. The announcement to this effect was made by Ajay at Maison & Object, Paris, one of the most prestigious fairs in home decor and design globally. Some of the country’s top-notch celebrities such as Deepika Padukone and Kriti Sanon have been associated with Ace Group.
Mr. Chaudhary is also a sports enthusiast and he particularly likes football, owing to which ACE Group was earlier associated with Mumbai FC, a team owned by Bollywood superstar Ranbir Kapoor for the Indian Super League (ISL). Understanding the challenge that football promotion faces in a cricket-crazy India, Ace Group decided to contribute to the betterment of the game in the best possible way.
Mr. Chaudhary has bagged two awards from CNBC Awaaz for the best construction quality in 2013, and best affordable homes in Delhi-NCR for ACE Platinum and ACE City in 2014. Under his leadership, ACE also won awards from a prestigious media house in 2018 and 2019.
In its over thirty years of operations as the largest producer of structural steel tubes in the country APL Apollo Tubes Ltd has created a remarkable brand presence, managing to wrest 50 percent of the market share. Its vast distribution network across India includes a cavalcade of warehouses and branch offices in 24 cities to support its business interests at home as well as across a string of 30 countries across the globe.
Under the stewardship of Mr. Sanjay Gupta, Chairman, APL Apollo, the firm approached the business with a complete fresh outlook. Earlier the main applications for round shaped steel tubes included transportation of water, oil and gas and these tubes were largely being produced by the big players in the market.
When APL Apollo entered the market, instead of following the prevailing trend it transformed the entire scenario, by introducing square and rectangular pipes which have a better load bearing capacity even for huge structures and replacing the conventional steel products. Working endlessly to fulfill the shifting preferences of consumer requirements and to provide high quality products at competitive prices, APL Apollo focuses on innovation.
Be it instilling latest technology or optimum utilisation of resources, the company never hesitates in investing more in R&D which works as a driving force behind its ever-growing ability to create new products, adapt new applications, strengthen processes, develop new markets and enhance existing market share.
“I take great pride in sharing that today most of our products are compatible for large structural infrastructural projects and buildings such as airports, metros, convention centers etc. As the demand has risen sharply on the back of growing usage of steel tubes in all these projects, we have also grown our capacities extensively as a company,” Mr. Gupta saysas he shares his observations on how things have changed in the industry.
As a market leader in structural steel segment, APL Apollo has high stakes in India’s $200 billion construction industry. In the future, APL Apollo may explore various diversified segments in the building material category as well, but as of now it will be too early to comment on the investment involved and how big the projects would be. However, its focus will remain intact on structural steel segment where it foresees abundant growth to be capitalized upon over the next 10 years.
Already, the company is engaged in developing high diameter, high thickness steel tubes that will instantly replace concrete RCC, metal plates and various other steel products being used currently in the construction process of high-rises and other heavy infrastructure construction.
Innovation is the key to APL Apollo’s dynamic growth and Gupta emphasizes upon it as an inextricable part of the company’s DNA. No wonder that the firm has been successfully replacing the five conventional structural products such as steel angle channels, wood, aluminum, concrete RCC and long steel products including metal plates with its extraordinary products in this segment – which gives it an edge over its counterparts.
APL Apollo, has been a pioneer in contemplating, researching, producing and then taking a lead in the market by launching a wide range of futuristic products in the market. Surpassing the competition, APL Apollo is ruling the market as single largest company capturing a major market share in structural steel tubes industry.