Vikas Ecotech Bags Rs 34 Million Order From Olectra

20 Aug 2025 CW Team

Vikas Ecotech Limited has secured a bulk order worth Rs 34.22 million from Olectra Greentech Limited, a leading player in India’s electric mobility and green energy sector. The order involves the supply of fire-retardant materials, specifically Aluminium Trihydrate (ATH).

Execution of the order will be completed in the upcoming quarter, reinforcing Vikas Ecotech’s operational reliability and strong supply chain capabilities. The company said this order reflects growing confidence in its product performance, technical consistency, and commitment to delivering sustainable, safety-driven speciality materials.

The demand for Aluminium Trihydrate continues to rise amid stricter safety regulations and wider adoption across sectors including electric mobility, construction, automotive, extra high-voltage insulators, and wire and cable. With India’s rapid infrastructure growth and green mobility expansion, the fire-retardant chemicals market is set for strong growth, positioning Vikas Ecotech to capture more opportunities.

Olectra Greentech, part of the Megha Engineering & Infrastructures Limited (MEIL) Group, is India’s leading pure electric bus manufacturer and a pioneer in green mobility solutions. The company operates through its E-Vehicles and Insulators divisions and has already deployed over 2,200 electric buses nationwide. Its efforts have offset more than 270,000 tonnes of CO₂ emissions, underlining its role in India’s sustainable transport shift.

Vikas Ecotech, headquartered in New Delhi, specialises in polymers, additives, and speciality chemicals for multiple industries, including agriculture, packaging, pharmaceuticals, automotive, and consumer goods. It remains India’s only manufacturer of Organotin stabilisers for vinyl applications, with in-house R&D capabilities and a growing product portfolio.

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..