AT A GLANCE
Real Estate

AT A GLANCE

Viega, a global leader in the manufacturing of installation technology for sanitary and heating, participated in the Plumbing Skills Mahotsav 2019, organised by the Indian Plumbing Skills Council in New Delhi, where training was given to over 10,000 plumbers at the venue.Srei Infras...

Viega, a global leader in the manufacturing of installation technology for sanitary and heating, participated in the Plumbing Skills Mahotsav 2019, organised by the Indian Plumbing Skills Council in New Delhi, where training was given to over 10,000 plumbers at the venue.Srei Infrastructure Finance (Srei) has decided to augment the capital of both, its infrastructure finance and equipment finance businesses, which will facilitate the businesses in maintaining and strengthening their current leadership positions further.JLL India has launched its Residential Brokerage Business that will offer technology-enabled advisory and transaction services to home-buyers and developers.The 19th edition of LED Expo 2018 hosted 341 exhibitors and 10,257 visitors determined to source products that lead to a bright, energy-efficient and smart future.Messe Frankfurt India has amped up its building technology portfolio and entered into a strategic partnership with MCHI-CREDAI for the International Elevator & Escalator Expo 2020.Wipro Lighting, in partnership with Worktech, brought to India the first edition of Worktech 2019, the leading international workplace conference series – an ideal forum for those involved in the future of work and the workplace as well as real estate, technology and innovation.Top-notch builders from Birla Estates, Godrej Properties, Mahindra Lifespaces, and Shapoorji Pallonji Joyville came together with the broker fraternity for PropertyPistol Syndicate, in which more than 500 professionals participated.With the aim of saving 1 billion litre of water, the Indian Plumbing Association has launched the “I Save Water” campaign this year; the five-city water conservation campaign will flag off at the third edition of ISH India in Mumbai.ABB CEO Ulrich Spiesshofer met with Maharashtra Chief Minister Devendra Fadnavis and discussed Artificial Intelligence, robotics, skills development and e-mobility.Around 125 Biology students and professors from 17 colleges and two NGOs of Mumbai participated in ‘My Earth 2050: Sustainable Habitats for Co-Existence’ organised by KC College and Godrej & Boyce Mfg Co.International Copper Association India organised a seminar in Gurugram to discuss the role of small diameter copper tube for product innovation to improve energy-efficiency of air-conditioners.The US Green Building Council (USGBC) recently announced the annual Top 10 Countries and Regions for LEED outside of the US, wherein India ranked third with more than 899 LEED-certified projects totalling more than 24.81 million gross sq m of space.

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Products

SOMANY unveils flagship Atelier showroom in New Delhi

SOMANY Ceramics has inaugurated its new flagship Atelier showroom in Rajouri Garden, New Delhi. Spread across 5,500 sq ft, the immersive showroom is aimed at architects, designers, and customers seeking cutting-edge tile and bathware solutions.The experience centre features SOMANY’s high-end collections including the Coverstone large-format slabs, Regalia finishes, and the Italian-inspired Italmarmi range. It also showcases the French Collection-Bathware with matte-finish fittings, as well as new tile lines like Colorato, Porto, and Sedimento. A dedicated EZY Fix zone offers end-to-end solut..

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Resources

Nestlé India goes digital and green with new Bhiwandi DC

Nestlé India has inaugurated a fully automated, paperless Distribution Center (DC) in Bhiwandi, Maharashtra, reinforcing its commitment to sustainability and digital transformation. The centre is the company’s first to feature a Digital Twin, enabling warehouse simulation and predictive planning.Built in just seven months, the facility houses 20,000 pallet positions and the country’s largest cold room for chocolate storage. It also features India’s first shuttle racking system, improving space efficiency and throughput. Other innovations include AI-enabled CCTV, a digital rack inspectio..

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Technology

Simple Energy eyes Rs 30 billion IPO in FY27

Simple Energy is planning an Initial Public Offering in Q2–Q3 FY27 to raise Rs 30 billion (USD 350 million) as it focuses on profitability and manufacturing expansion. The clean-tech startup aims to achieve $96 million (Rs 800 crore) in revenue in FY26 and cross $180 million (Rs 1,500 crore) in cumulative revenue over the next 18 months.Founded in 2019, the company has recorded 500 per cent year-on-year growth and achieved gross margin breakeven within two years of commercial operations. It is targeting EBITDA positivity by FY26 and net profitability ahead of the IPO.Proceeds from the IPO wi..

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