Surface Décor leader, Dorby forays into the Plywood segment

National, February 12, 2025: Dorby– India’s Leading Surface Décor Brand, is thrilled to announce its foray into the plywood segment, introducing a transformative product line to enhance its offerings. This new offering hit the market on 16th January 2025. With this launch, Dorby aims to achieve an estimated targeted revenue of ₹100 crore by the end of FY27. The company plans to deliver exceptional quality and innovation, bringing the same level of craftsmanship and attention to detail that has defined its laminate and other surface décor products.

Dorby’s premium plywood is engineered to meet the highest standards of durability, sustainability, and aesthetic appeal. The products are manufactured using advanced technology and high-quality materials to ensure superior strength, moisture resistance, and longevity. Available in a range of finishes and grades, Dorby’s plywood is designed to cater to a diverse clientele, from residential projects to commercial applications. This expansion into plywood reflects Dorby’s commitment to providing comprehensive surface solutions that combine functionality with design excellence.

Mr. Rajiv Agarwal, Chairman & Director of Dorby, shared his thoughts on this significant milestone, stating, “Our foray into the plywood segment is a natural progression in our journey to become a holistic surface décor provider. We understand that the foundation of great design starts with quality materials, and our plywood line will be a testament to this belief. By entering this segment, we aim to set new benchmarks in quality and innovation, ensuring that our customers have access to the best products for their design needs. This launch is not just about expanding our product portfolio, it is about reinforcing our commitment to delivering value in every project.”

Their product Dorby 710 Marine is a calibrated ply that offers unmatched strength and waterproof durability, making it perfect for interiors. Dorby Pro combines versatility with professional-grade quality, making it ideal for budget-conscious customers without sacrificing performance. Dorby Edge, the calibrated plywood, delivers precise thickness and a smooth, uniform surface, tailored for OEMs and furniture manufacturers. Dorby Flexi provides exceptional flexibility, making it ideal for projects requiring innovative design solutions. These offerings are perfectly suited for architects and designers seeking high-quality materials, construction professionals needing reliable structural solutions, furniture manufacturers aiming to create customized pieces, and marine and outdoor enthusiasts requiring weather-resistant options.

The Indian plywood market is projected to surpass INR 372.5 Billion by FY 2032-33, expanding at a CAGR of 5.7% from FY 2024 to FY 2025. This growth is driven by plywood’s numerous qualities and rising use in the furniture industry, where the trend toward lightweight, durable, and aesthetically pleasing materials has intensified demand. Plywood’s superior strength-to-weight ratio and its versatility in shaping and finishing have made it a preferred material in manufacturing cabinets, tables, chairs, and other furniture items. Additionally, the rise in DIY home improvement projects, driven by increased home ownership and renovation activities, has further driven the demand in the residential sector. The increasing trend of interior designing and the growing adoption of creative furniture in homes, offices, and institutions are further fuelling the plywood market, making this launch a timely and strategic move for Dorby.

Art Houz Gallery Presents ‘By Nature’s Force’ by Vijay Pichumani at Bikaner House

Art Houz Gallery Presents

 by Vijay Pichumani at Bikaner House, New Delhi

New Delhi, February 2025: Art Houz Gallery, Chennai, is delighted to present By Nature’s Force, a solo exhibition by acclaimed artist Vijay Pichumani. The exhibition will be held at Bikaner House, New Delhi, from February 15 to February 21, 2025, offering art enthusiasts an opportunity to experience Pichumani’s profound visual narratives centered on sustainability and environmental consciousness.

With growing global attention on climate change and ecological concerns, By Nature’s Force resonates deeply with contemporary conversations on sustainability. Vijay Pichumani, renowned for his intricate woodcut prints and mixed media works, presents a thought-provoking body of work reflecting the delicate balance of nature and the human impact on the environment. His creations are a poignant reminder of our shared responsibility towards the planet.

Pichumani’s artistic journey is as inspiring as his work. Hailing from Chennai, he has earned widespread recognition, including the prestigious 56th National Award for Woodcut Print. His work has been acknowledged on international art and design platforms, solidifying his place among India’s most compelling contemporary artists. His latest exhibition will showcase a collection of meticulously crafted mixed media and woodcut prints, offering visitors an immersive and evocative experience.

Beyond the art itself, By Nature’s Force also highlights the crucial role of galleries in nurturing artistic talent and fostering meaningful cultural conversations. The exhibition underscores how art can serve as a powerful medium for environmental advocacy, bridging creativity with a call for sustainability.

Exhibition Details:

What: By Nature’s Force – A Solo Exhibition by Vijay Pichumani
When: February 15 – February 21, 2025 | 11:00 AM – 7:00 PM
Where: Bikaner House, New Delhi
Entry: Open to all

We welcome media representatives and art enthusiasts to engage with this compelling narrative. Opportunities for interviews with Vijay Pichumani and the gallerist can be arranged to explore themes such as:

  • Cultural Relevance: How Pichumani’s work aligns with contemporary sustainability dialogues.
  • Artistic Journey: His evolution as an artist, notable achievements, and international acclaim.
  • The Unique Artworks: A glimpse into the intricate and thought-provoking pieces on display.
  • The Role of Galleries: Their impact in promoting meaningful art and voices with purpose.
  • The Business of Art: Understanding the intersection of creativity, commerce, and cultural influence.

SwissWatchCompany.in presents Milus Watch collection for this Valentine’s Day

With Valentine’s Day approaching, the renowned SwissWatchCompany. presents exclusive collections to celebrate the love and express their timeless commitment with the finest timepiece, representing everlasting love and style.

Made with precision and passion, Milus watches are more than luxury; they are the essence of time and the precious moments shared between loved ones. Each watch is a masterpiece, designed with Swiss precision and refined aesthetics to create a lasting impression.

This Valentine’s Day, Milus presents a specially curated collection featuring His & Hers Matching Timepieces – A perfect pair to celebrate togetherness.

Milus holds at its heart one of the most beautiful watches made for men who love nothing but a little stylishness and weariness. The watch has an entire bold elegy in a yellow-colored 41mm dial, attention-grabbing with its marked vibrant charm. Encased in high-quality stainless steel, this watch stays durable and elegant and is a perfect companion both for daily wear and special occasions.

The round dial is powered by a Swiss-made automatic movement, ensuring precision and reliability with every second. The watch comes with a silicon rubber strap, designed for comfort and versatility, with a modern touch and a secure fit for all-day wear.

Built to withstand the elements, this timepiece offers an impressive water resistance of up to 300 meters, making it suitable for adventure seekers and water sports enthusiasts. The watch also features hour, minute, second, and date functions, ensuring practicality along with timeless elegance.

To provide complete peace of mind, each Milus watch comes with a two-year warranty, reflecting the brand’s commitment to quality and craftsmanship.

This Valentine’s Day, celebrate love that stands the test of time with a watch that does the same. SwissWatchCompany.in calls you to make every moment count with a timepiece that embodies romance, precision, and sophistication.

Celebrate Timeless Love with Atlantic’s Seapair Collection

ATLANTIC SEAPAIR

 

This Valentine’s Day, express your love with a gift that speaks of timeless elegance—the Atlantic Swiss Watches’ Seapair Collection. Crafted with impeccable Swiss expertise, the Seapair Gents Bicolor PVD and Seapair Ladies Bicolor PVD watches are designed to complement each other, just like two hearts in harmony. Their modern yet classic appeal makes them the ideal choice for every occasion, from elegant evenings to everyday sophistication.

For men, the Seapair Gents Bicolor PVD is a refined statement of style. With a stainless steel PVD bicolor case (42mm), a silver engraved dial with golden hands and indexes, and scratch-resistant sapphire crystal, it is both durable and effortlessly elegant. The quartz Ronda 715.2 movement ensures precision, while the stainless steel PVD bicolor bracelet adds a sleek finish that transitions seamlessly from formal wear to casual chic.

For women, the Seapair Ladies Bicolor PVD offers an exquisite balance of grace and sophistication. With a delicate 28.5mm case, a silver dial adorned with zirconia stones, and golden hands and applied indexes, this timepiece is an elegant companion for any ensemble. Powered by the quartz Ronda 763.2 movement, it ensures precision while radiating refined charm. The stainless steel PVD bicolor bracelet adds a touch of versatility, making it perfect for both day and night.

Whether it’s a romantic candlelit dinner or a weekend getaway these matching timepieces seamlessly complement any outfit. Their timeless design and enduring craftsmanship make them the perfect Valentine’s Day gift, symbolizing love that stands the test of time.

LG India Expands Blood Donation Initiative Nationwide

 LG Electronics India Ltd

New Delhi, 12 February 2025 – LG Electronics India is set to launch the third edition of its Mega Blood Donation Campaign, reinforcing its commitment to corporate social responsibility with the core message, “Life’s Good When Life’s Shared.” This initiative aims to mobilize communities, especially youth, and organize 400 blood donation camps across 70 cities.

In the years 2019 and 2023, LG Electronics India successfully organized around [188 camps, resulting in over 17,700 registrations. Building on this success, the 2025 campaign aims to further expand its impact, to secure 30,000 registrations. Each camp will provide donors with essential medical checkups, refreshments, and certificates of appreciation, ensuring a seamless and encouraging donation experience. In collaboration with credible partners like Care Today Fund, United Way Mumbai & Sakashm Bharti Foundation. LG aims to foster a stronger culture of voluntary blood donation in India.

Commenting on the initiative Mr. Hong Ju Jeon, MD- LG Electronics India, said, “We are committed to continue CSR programs with meaningful intervention. This 3rd edition of the Mega Blood Donation campaign is a reflection of our commitment to making Life Good for people. We aim to mobilize communities to actively participate and spread awareness about the cause, aligning with our core message of ‘Life’s Good When Life’s Shared.”

In addition to on-ground blood donation camps, LG Electronics India will conduct citizen mass awareness drives through radio and digital media across the country. This mass awareness drive is aimed to sensitize people regarding the importance and benefits of blood donation.

Iron and Ageing: How Getting Enough Iron Can Help Women Stay Healthy as They Get Older

Chandigarh, February 12, 2025: As women get older, it becomes more important for them to focus on maintaining their well-being and adopting preventive measures to ensure they have an adequate intake of essential vitamins and minerals. Among these essential minerals, iron holds particular significance as its insufficiency is commonly observed in women and can have notable consequences on their overall health, particularly as they age. Insufficient iron levels can have diverse negative effects on women.

Impact of Iron Deficiency

Depletion of iron reserves can lead to feelings of fatigue and weakness, which are commonly associated with anemia. Anemia occurs when the concentration of hemoglobin in the blood decreases, and iron is necessary for hemoglobin formation. This condition hampers the blood’s ability to transport oxygen to tissues throughout the body, resulting in reduced energy production and impaired organ function. Consequently, older women may experience persistent fatigue and a lack of vitality when they have iron deficiency. Additionally, low iron levels can contribute to weakened skeletal muscles, negatively impacting their functional performance.

The risk of osteoporosis, a condition characterized by bone thinning, tends to increase with age. While calcium is often highlighted for maintaining bone health, iron also plays a crucial role. Iron is essential for collagen synthesis and metabolism, which are vital for preserving the integrity and strength of bone tissue primarily composed of type I collagen.

Iron deficiency is also associated with low oxygen levels in brain cells, and chronic iron deficiency in the brain can lead to impaired cognitive function. Therefore, older women need to maintain adequate iron levels in their diet to support overall health.

Ensuring Adequate Iron Intake

To ensure sufficient iron intake, include iron-rich foods in your diet. Good sources of this mineral include meat, liver, lentils, beans (especially soybeans), nuts, fresh fruits like bananas, apples, and pomegranates, dark green leafy vegetables like spinach and drumstick leaves, dried apricots, peaches, prunes, and raisins, mushrooms, and whole grains. Vegetarians should also focus on consuming adequate amounts of vitamin C, as it aids in the absorption of iron.

Conclusion

By considering iron-enriched salt options from reputable brands and incorporating iron-rich foods into their diet, older women can proactively maintain sufficient iron levels. It’s important to remember that a comprehensive approach to health, including a balanced diet, regular monitoring, and appropriate supplementation when necessary, is crucial for promoting women’s health, boosting energy levels, and ensuring overall well-being.

Celebrate Love with Nitzana’s Limited Edition Valentine’s Special Lamington Cake

Nitzana’s Limited

Wednesday, 12th February 2025– This Valentine’s Day, indulge in a delectable celebration of love with Nitzana’s Limited Edition Heart-Shaped Lamington Cakes – a luxurious tribute to Australia’s beloved classic. Handcrafted with love, these exquisite delights are the perfect way to express your sweetest emotions.

Imagine soft, melt-in-your-mouth sponge cake, enrobed in decadent chocolate or luscious strawberry glaze, and kissed by delicate coconut flakes – all shaped into a perfect heart. It’s more than just a dessert; it’s a heartfelt declaration of love, specially crafted for this season of romance. Available in two irresistible flavors – Classic Chocolate, rich and indulgent, and Strawberry Bliss, sweet and fruity – these cakes are made with the finest ingredients and a touch of Australian tradition to make every moment unforgettable.

“With our Valentine’s Special Lamington Cakes, we wanted to create something that not only delights the taste buds but also embodies the spirit of love and togetherness,” said Dhara Panchal, Founder & CEO, Nitzana “Each cake is carefully crafted to be a symbol of sweet memories and joyful celebrations.”

Daifuku Intralogistics India Appoints Asim Behera as New CEO

Asim B. Daifuku

New Delhi, 11th February 2025: Daifuku Intralogistics India, a leader in warehouse automation solutions, has elevated Mr. Asim Behera to the role of Chief Executive Officer (CEO). Previously serving as President of the India operations, Mr. Behera brings extensive expertise and a deep alignment with Daifuku’s vision to drive the company’s next phase of growth.

Mr. Naoyuki Andou, commented on this appointment, saying, “With a proven track record of dedication and excellence, Asim has been an integral part of Daifuku’s journey. His leadership marks the beginning of an exciting new chapter for our organization—one focused on innovation, growth, and industry-leading standards.”

Mr. Behera succeeds Mr. Srinivas Garimella, who transitioned to the position of Chairman of the board. Under Mr. Behera’s leadership, Daifuku Intralogistics India will continue to deliver Efficient, Reliable, and Accurate (ERA) material handling solutions while advancing automation adoption across India’s rapidly expanding manufacturing sector.

Commenting on his new role, Mr. Asim Behera, said, “India is still at a very nascent stage when it comes to automation, yet it remains one of the fastest-growing markets. Daifuku is making significant investments in India, including a state-of-the-art mega factory in Hyderabad. We are committed to expanding our market share while maintaining the superior product quality that has been Daifuku’s strength for over eight decades.”

Daifuku Intralogistics India specializes in cutting-edge warehouse automation systems, serving clients with solutions such as Unit Load AS/RS, Mini Load AS/RS, Sorting Transfer Vehicles (STVs), Conveyors, and WareNavi (WMS/WCS). With over 85+ years of global expertise, the company continues to set benchmarks in innovation and operational excellence.

CredAble’s NBFC Joins SIDBI’s CGTMSE to Boost MSME Growth

Mr Manu Prakash HD

Mumbai, India, 11th January 2025: In a landmark move to enhance credit availability for Micro and Small Enterprises (MSEs), the Ministry of Micro, Small, and Medium Enterprises (MSMEs) and the Small Industries Development Bank of India (SIDBI) set up the CGTMSE—the Credit Guarantee Fund Trust for Micro and Small Enterprises. This scheme facilitates institutional credit access for MSEs by offering guaranteed coverage to member lending institutions.

Along with the expansion of CredAble’s digital lending capabilities, its NBFC arm—Equentia Financial Service Private Limited (a non-deposit-taking NBFC)—has recently joined CGTMSE as a member lending institution.

This membership is a significant step forward in CredAble’s journey to address the working capital gaps of the MSME sector in India.

Through the CGTMSE Udaan Guarantee Scheme, loans extended by CredAble’s NBFC wing to micro and small businesses are now secured with a 75% guarantee cover for standard loans. This framework offers significant risk mitigation, protecting CredAble against potential defaults while expanding credit availability to underserved segments.

These benefits, combined with CGTMSE’s guarantee mechanism, strengthen CredAble’s ability to deepen its wallet share and extend short-term working capital loans to micro and small enterprises. A large portion of the loans extended under the CGTMSE scheme by CredAble will be part of the supply chain financing and working capital loans.

Currently, close to one-third of Equestria Financial Service’s lending book is dedicated to micro and small enterprises. After qualifying as a member lending institution for the CGTMSE scheme, CredAble plans to grow this to 40-45% of its lending portfolio—further increasing access to MSE credit.

Commenting on this milestone, Manu Prakash, Managing Director, Lending and Capital Markets of CredAble, said:

“CredAble’s working capital financing suite is a game-changer for businesses in India. We are excited to take things up several notches by becoming a member lending institution under SIDBI’s CGTMSE scheme. Through this initiative, we plan to expand our outreach and contribute to the financial inclusion of micro and small business segments across India, which have been traditionally overlooked by conventional lenders. This marks a momentous milestone in our growth journey, and we look forward to growing our lending share and supporting the working capital needs of these critical economic drivers.”

By facilitating timely access to working capital, CredAble empowers clients in industries such as manufacturing, e-commerce, logistics, and services to outpace their competitors.

In a commendable move to inject more capital into the MSME sector, the Union Budget 2025 has introduced a significant enhancement of credit availability with the credit guarantee cover for micro and small enterprises extended from INR 5 crore to INR 10 crore. One of the significant changes in the budget is the revised classification criteria for MSMEs. The budget has increased the turnover cap for micro-enterprises to INR 10 crore and small enterprises to INR 100 crore. This change allows more businesses to qualify, expanding CredAble’s reach as a member lending institution under the CGTMSE scheme to better support micro and small enterprises.

Strong government backing coupled with innovative, tech-enabled offerings from FinTechs like CredAble is driving advancements in the digital lending space, promising to substantially increase MSMEs’ access to working capital in the years to come.

With an expanding team of industry specialists and global delivery frameworks, the company is continuously innovating financial products to enhance agility, offering solutions that accelerate value and expedite clients’ time-to-market trajectories.

As a member lending institution under the CGTMSE scheme, CredAble is also well-positioned to scale its supply chain offerings and bridge the working capital gap for micro and small sellers catering to larger corporations.

CredAble remains committed to broadening its lending horizons while empowering India’s micro and small enterprises through sustainable and easily accessible financing solutions.

NDR InvIT Trust Announces Strong Financial Results for Q3 and 9M FY25

NDR InvIT Trust,

Chennai, 11th February 2025: NDR InvIT Trust, the first Perpetual Warehousing and Industrial Parks InvIT, listed on the National Stock Exchange, held its Board meeting on 10th February 2025, and reported results for the third quarter and nine months ended 31st December 2024.

  •  NAV at Rs. 127.26/unit as of 31st December, 2024
  •  Declared distribution of Rs. 1.75 (Rs. 0.85 as Interest and Rs. 0.90 as the return of capital) per unit to the unit holders for Q3 & 9M FY25
  •  Assets under Management (AUM) stood at ~19.01 mn. sq. ft (MSF) across India.

o Out of the 17 mn sq. ft. leasable area

o 2.01 million sq. ft. is currently under acquisition in Q3 FY25 across Bengaluru, Hyderabad, Pune, and Surat.

Mr. Sandeep Jain, Chief Financial Officer of NDR InvIT Trust, said,

“Q3 was a defining quarter for us as we grew our Revenues, and EBITDA, and expanded our footprint in Prime Locations. We were also the first InvIT in India to issue ‘Sustainability Linked Bonds’ via. IFC, and NaBFID, India’s premier Infrastructure Financing Bank, also took part in our LT Bond Issuance. The proceeds of which were used to replace debt, at the SPVs thereby augmenting the cash flows at the InvIT level, and in the Portfolio Expansion. Our growth, and acquisitions strategy remain Value Accretive to our Investors.”

Business Highlights:

  •  Under acquisition assets of 2.01 mn sq. ft. in Surat, Hyderabad, Pune and Bengaluru
  •  13 Cities, 33 Industrial Parks, 55+ Warehouses
  •  Pan India Occupancy Levels at ~98%
  •  Top 10 Clients Contribute 35% of Revenue
  •  ~16% of Leases coming up for renewals in FY26

Financial Highlights:

  •  Clocked healthy revenue growth of 5.65% and EBITDA growth 8.86% in Q3 vs Q2 FY25
  •  Recorded Revenue from the Operation of RS. 793.20 mn in Q3 FY25 and RS. 2,295.72 mn in 9M FY25
  •  EBITDA stood at RS. 715.55 mn in Q3 FY25 and RS. 2,034.50 mn 9M FY25

Distribution:

  •  Distribution for Q3 FY25 is Rs. 673.75 mn and for 9M FY25 is Rs. 2,407.36 mn
  •  Declared distribution of Rs. 1.75/unit (Rs. 0.85 as Interest and Rs. 0.90 as the return of capital) per unit to the unit holders for Q3 FY25
  •  The record date for the distribution is February 12, 2025