PUNE: In a significant move to equip India’s youth with industry-relevant skills, Medhavi Skills University (MSU) has partnered with BVG Skill Academy and BVG Security Services Pvt. Ltd.

To integrate practical, on-the-job learning into formal academic programs. This collaboration aims to bridge the education-to-employment gap by ensuring learners are equipped with both recognized qualifications and real-world industry experience.

Pravesh Dudani, Founder and Chancellor, MSU, emphasized, “This collaboration is a step towards transforming education from a theoretical pursuit to a practical pathway for employment. By integrating real work experience into formal degrees, we are equipping students with industry-relevant skills.”

Kuldip Sarma, Co-Founder and Pro-Chancellor, Medhavi Skills University, said, “MSU’s focus is not just on creating job seekers, but on nurturing confident, skilled professionals ready to contribute from day one. Our collaboration with BVG marks a milestone in our mission, bringing together two like-minded organizations committed to empowering youth towards an Atmanirbhar Bharat.”  

Under the partnership with BVG Skill Academy, Medhavi Skills University will offer a range of work-integrated programs, including vocational degrees (Bachelor of Vocation & Master of Vocation), diplomas, and short-term certifications. These programs will combine structured on-the-job training with academic classes and mentoring, ensuring students gain both theoretical knowledge and practical, hands-on experience.

MSU’s Learning Management System (LMS) enables real-time progress tracking and personalized academic support for students. The collaboration is centered on co-creating industry-integrated, National Education Policy 2020-aligned curricula to equip students with skills that are not just academically recognized but immediately relevant and applicable in today’s dynamic workplace. 

“Skill development is not just a necessity; it’s a national priority. When academia and industry join forces, the result is transformative learning that prepares students for real-world challenges. Our partnership with Medhavi Skills University is designed to create career pathways that go beyond certifications. We’re committed to building capable professionals and nurturing the leaders of tomorrow,” said Hanmantrao Gaikwad, Founder, Chairman, and Managing Director, BVG India Limited.

India’s youth unemployment crisis is deeply rooted in the disconnect between academic qualifications and industry requirements. Recognizing this, Medhavi Skills University (MSU) has integrated work-based learning into its degree and diploma programs, ensuring students are job-ready from the very start of their education journey.

Through this new partnership with BVG Security Services, learners will receive practical, hands-on training across real-world operational environments, including security management, facilities services, and infrastructure support while pursuing their formal academic curriculum in real-life. This program is especially beneficial for 10th and 12th-year students, providing them with an opportunity to earn skill-based qualifications while gaining valuable work experience, thereby enhancing their employability and career prospects.

This collaboration exemplifies how higher education can evolve to meet the aspirations of India’s youth. By integrating employability into the learning journey, MSU and BVG are setting a precedent for industry-academia partnerships focused on inclusion, quality, and long-term societal impact.

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Covestro adjusts its forecast for fiscal year 2025 as follows:

• EBITDA is expected to be between EUR 700 million and EUR 1,100 million. The previous forecast projected EBITDA between EUR 1,000 million and EUR 1,400 million. The consensus expected this figure to be EUR 931 million.

• Free operating cash flow (FOCF) is expected to be between EUR -400 million and EUR +100 million. The previous forecast projected FOCF between EUR 0 million and EUR 300 million. The consensus expected this figure to be EUR 106 million.

• Return on capital employed over weighted average cost of capital (ROCE over WACC) is expected to be between -9 and -5 percentage points. The previous forecast projected ROCE over WACC between -6 and -3 percentage points.

Unchanged, greenhouse gas emissions, measured via CO₂ equivalents, are expected to be between 4.2 million tons and 4.8 million tons.

In the second quarter of 2025, Covestro’s preliminary EBITDA amounted to EUR 270 million, which is within the previous forecast range between EUR 200 million and EUR 300 million. This was supported by the release of bonus provisions of EUR 43 million in line with the reduction of the full year forecast. The consensus expected this figure to be EUR 220 million.

The financial report for the second quarter of 2025 will be published on July 31, 2025.

Capital market expectations are based on the average values of the latest consensus estimates of financial analysts, recently published by Vara Research on July 7, 2025.

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MUMBAI: The Indo-French Chamber of Commerce and Industry (IFCCI) signed an MOU with the Maharashtra Industrial Development Corporation (MIDC) to facilitate investments from France into Maharashtra. An initial MoU was signed in September 2021 and this renewal was signed during a high-level roundtable discussion organized on, ‘The Ease of Doing Business in Maharashtra’ held in the presence of over 25 CEOs from top French companies operating in sectors such as automotive, renewable energy, chemicals, IT, transport, consumer goods, construction etc. The MoU was signed by Mr. P. Velrasu, CEO, MIDC, and Mr. Benoit Renard, Vice President, IFCCI and Managing Director, Air Liquide India.

The MoU aims to:

• Enhance bilateral trade and investment flows between France and Maharashtra
• Facilitate the entry of new French companies into the State
• Support the expansion of existing French businesses in Maharashtra
• Foster a conducive industrial environment aligned with Maharashtra’s Ease of Doing Business initiatives

On this occasion, Payal S. Kanwar, Director General, IFCCI stated that, “France has deep economic interests in the State of Maharashtra and is committed to enhance its positioning towards investments and job creation into the state; the renewal of the MOU with MIDC is a testimony of the growing interest and expansion of French companies in the state of Maharashtra and we look forward to building a strong partnership.”

Shri P. Velrasu, CEO, MIDC, welcomed the initiative and noted that such forums are very important for MIDC to help industries and ensure an inclusive environment. Shri P Velrasu welcomed the MoU between the two organizations and also noted that the forums should regularly convene to bring more momentum and allow MIDC to help solve industry issues. He also assured the industry representatives that MIDC is dedicated to addressing the issues of industries and is actively taking steps to bring ease of doing business in the state.

The roundtable discussion served as a platform for French industry leaders to engage in a constructive deliberation and dialogue with MIDC, sharing on-ground experiences and recommendations to further streamline business operations and investment processes in the State.

The renewal of the IFCCI-MIDC partnership is a pivotal step in strengthening the Indo-French industrial corridor, fostering innovation, sustainable growth, and mutual prosperity.

The MoU was signed in the presence of Hon’ble Deputy Consul, Mr. Sami Bouakaze, Consulate General of France in India and Mr. Benoit Gauthier, Minister Counsellor for Economic and Financial Affairs & Head, Regional Economic Department, Embassy of France in India along with top key French investors and business leaders who were present for the event.

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PUNE: In a moment of pride that resonates with this deeply held philosophy, VTP Realty has been honoured with the 16^th CIDC Vishwakarma Award for Excellence in Construction, Health, Safety, and Environment. This accolade for its landmark projects, VTP Bellissimo and VTP Sierra, in Pune, is more than an award; it is a powerful validation of the brand’s unwavering commitment to creating not just beautiful homes but healthier and safer ecosystems that nurture every aspect of life.

Following a meticulous evaluation process and on-ground inspection by the jury panel, the honour was conferred upon VTP Realty by the Board of Governors of the Construction Industry Development Council (CIDC) under the category of ‘Health, Safety and Environment’. The recognition was awarded for the developer’s exemplary practices demonstrated at VTP Bellissimo, Hinjewadi Phase 1, and VTP Sierra, Pashan-Sus Baner Road, both benchmark residential developments in Pune. These projects stood out among national entries for their well-integrated health and safety measures, environmentally conscious planning, and commitment to holistic community living.

The Construction Industry Development Council (CIDC) advises the government on policy, standardises contracts, trains skilled and managerial manpower, and grades construction entities. This quasi-government organisation followed a stipulated method of scrutiny to announce VTP Realty as the winner. Upon nomination every real estate contender is required to share detailed presentations on sustainability measures undertaken, which is then audited by an experienced jury representing different government bodies and verified in presence of senior management of every real estate brand on various technical aspects such as green construction rules, project completion status, quality control, design, and related matters. This is followed by a surprise audit inspection, in which detailed scrutiny is done on-site. Acing at every level, VTP Realty stood victorious in this five-month-long, pan-India selection procedure amid top national players.  

Speaking about the achievement, Sachin Bhandari, Executive Director & CEO of VTP Realty, said, “This award from CIDC is a proud moment that reflects our relentless commitment towards responsible and future-ready development. This recognition reinforces our pursuit of building thoughtful spaces that enrich lives while upholding the highest standards of safety, health, and construction excellence.”

This prestigious honour from CIDC stands as a powerful testament to VTP Realty’s relentless pursuit of excellence across every facet of real estate development. Today, VTP Realty is not only recognised as Pune’s undisputed leader in the real estate industry but is also celebrated among the top real estate developers in India. With a sharp focus on innovation and customer-centric design, VTP Realty consistently sets new industry benchmarks. As the brand continues to shape Pune’s skyline with iconic developments and reimagine luxury living, it remains committed to building vibrant communities that inspire pride and elevate the lifestyles of the customers.

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• The offering provides investors with an opportunity to gain exposure to the metal sector which is diverse and dynamic
• The ETF will invest in a range of companies involved in both ferrous and non-ferrous metals, reflecting the behavior and performance of the companies forming a part of the metal sector
• The NFO period is from August 1, 2024, to August 12, 2024

MUMBAI: ICICI Prudential Mutual Fund has announced the ICICI Prudential Nifty Metal ETF launch. The offering aims to provide returns before expenses that correspond to the returns provided by the Nifty Metal Index, subject to tracking errors. The Nifty Metal Index includes companies from the metal sector, including ferrous and non-ferrous metals.

The Nifty Metal Index is designed to reflect the behavior and performance of the Metals sector (including mining). The Nifty Metal Index comprises a maximum of 15 stocks that are listed on the National Stock Exchange. These companies are selected from the Nifty 500 based on their market value, ensuring a broad representation of the sector. The index composition ensures that no single company has more than 33% weight, and the top three companies cumulatively do not exceed 62% of the index.

Speaking on the launch of the product, Chintan Haria, Principal – Investment Strategy at ICICI Prudential AMC, said, “ICICI Prudential Nifty Metal ETF is designed to provide investors with access to one of the critical sectors that form the backbone of industrial growth. The metal sector, encompassing crucial industries like steel, aluminum, and copper, is integral to infrastructure and economic development. With increasing demand and consumption, especially in a rapidly growing economy like India, this sector presents a compelling long-term investment opportunity. Our Metal ETF aims to allow investors to benefit from the uptick in metals due to expected higher global inflation amidst lower interest rates.“

Why invest in ICICI Prudential Nifty Metal ETF?

The Nifty Metal TRI has outperformed the Nifty 500 TRI five times in the last decade, demonstrating its potential for delivering good returns. Investing in the ICICI Prudential Nifty Metal ETF provides:

1. Exposure to a key sector essential for economic growth.
2. Access to well-established companies experiencing renewed global interest.
3. A relatively low valuation compared to broader market indices, coupled with increasing demand and consumption.
4. A convenient entry with a minimum investment of just one unit.

Performance of the Index: Calendar Year Returns (%)

Nifty Metal TRI has Outperformed the Nifty 500 TRI five times in the last 10 years.

Data as of June 28, 2024. Data Source: Nifty Indices https://www.niftyindices.com/indices/equity/sectoral-indices/nifty-metal, MFI Explorer. MFI Explorer is a tool provided by ICRA Online Ltd. MFI Explorer is a tool provided by ICRA Online Ltd. For their standard disclaimer please visit http://www.icraonline.com/ legal/standard-disclaimer.html. The performance of the index does not signify the returns of the scheme. Past performance may or may not be sustainable in the future.

Data as of July 23, 2024. Data Source: Nifty Indices https://www.niftyindices.com/indices/equity/sectoral-indices/nifty-metal. MFI Explorer. MFI Explorer is a tool provided by ICRA Online Ltd. MFI Explorer is a tool provided by ICRA Online Ltd. For their standard disclaimer please visit http://www.icraonline.com/legal/standard-disclaimer.html. CAGR stands for The compound annual growth rate (CAGR) is the rate of return (RoR) that would be required for an investment to grow from its beginning balance to its ending balance, assuming the profits were reinvested at the end of each period of the investment’s life span. Returns rebased to Rs. 100 as of 12th July 2013. The performance of the index does not signify the returns of the scheme. Past performance may or may not be sustained in the future.

Index Portfolio Snapshot:

Source: Nifty Metal Factsheet. As of June 28, 2024. https://www.niftyindices.com/Factsheet/ind_nifty_metal.pdf. The sector(s)/stock(s) mentioned in this document do not constitute any recommendation of the same and ICICI Prudential Mutual Fund may or may not have any future positions in the sector(s)/stock(s).

The Nifty Metal Index is updated twice a year to reflect the sector’s performance accurately and has outperformed broader market indices since inception, as shown in the above graph, demonstrating its potential for delivering good returns.

The minimum application amount during the NFO is Rs. 1000 (plus in multiple of Re. 1).

This ETF’s benchmark is the Nifty Metal TRI, and Mr. Nishit Patel and Ms. Priya Sridhar are the fund managers of the ETF.

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BENGALURU: Honeywell (Nasdaq: HON) today released the findings of its Industrial AI Insights global research study, which captures the state of Artificial Intelligence (AI) in the sector. While only 17% of AI decision-makers around the world have fully implemented their initial AI plans, more than 9 in 10 say they are uncovering unexpected new use cases whether they are in the prototyping, launch, or scaling stages of AI implementation.

The research also finds they’re “sold” on AI for industrial applications. The enthusiasm for a deeper commitment to AI investment is nearly universal, with 94% of those surveyed saying they have plans to expand their utilization of AI.

“There is no question that AI is currently at a pivotal moment,” said Kevin Dehoff, Honeywell’s Chief Strategy Officer. “With the advent of Gen AI and more sources of data from advanced analytics, Industrial AI is poised to grow exponentially, and the possibilities are endless for revenue growth and employee satisfaction.”

AI adoption in India

As per the research findings, 29%of the Indian companies have already fully launched their AI strategy, and 27%see data as their most important asset. In terms of the use cases offered by the advanced technologies, 79%see improved efficiency/productivity and data availability—to help decision-making—as the most promising use cases for AI. The report further highlights that almost 9 out of 10 (88%) Indian enterprises expect to pay more to attract the right talent pool of AI engineers.

AI Unlocks Workplace Benefits

When asked for their thoughts on the impact of AI on industries, nearly two-thirds (64%) of AI leaders cited efficiency and productivity gains as the most promising benefits. Sixty percent say improved cybersecurity and threat detection result from AI and 59% report better decision-making due to real-time data generation.

Several other benefits of AI for workers were also cited by respondents, including:

• Increased work flexibility (49%)
• Greater job satisfaction (45%)
• More time for skills development and creative thinking (44%)
• Increased workplace safety (39%)

Skills development is crucial in today’s economy with baby boomers retiring and fewer replacements entering the workforce. Through AI, employers can more quickly upskill and reskill workers. AI will transform industries as it enables workers to perform jobs at higher levels, providing greater job satisfaction while increasing productivity and addressing the skills shortage.

Lucian Boldea, President and CEO of Honeywell Industrial Automation, offered one direct example: “There can be tens of thousands of instruments, equipment, and valves needed to process and manufacture a product and many of the parts we supply manufacturers require highly experienced technicians for operation and maintenance — and there are fewer and fewer of those experienced technicians available. With AI training and AI as a “co-pilot” the skills of less experienced technicians can more quickly be upgraded, turning them into more elite experts that perform tasks based on enterprise knowledge and best practices. In turn, plant operations can run more safely and reliably by dramatically reducing human error.”

What’s Next for AI

While the enthusiasm for AI to expand is palpable, there are still some challenges in the way of full adoption. More than a third of survey respondents (37%) feel that their C-Suite fully doesn’t understand how AI works and almost half (48%) say they have to continually justify, or request resources needed to implement AI plans.

“Businesses of all types recognize that AI is transforming our world and creating new possibilities. For building operations – such as hospitals, campuses, and offices – it is the future. As AI orchestrates controls that regulate HVAC, lighting, and electricity usage, it helps to improve safety, operational, and sustainability outcomes,” said Billal Hammoud, President and CEO of Honeywell Building Automation.

All of this suggests the pace of change will be driven by compelling use cases that can be measured in terms of improved business performance. As new solutions demonstrate clear benefits to workforce productivity, safety, and reliability, AI adoption will dramatically increase with the potential to transform industrial operations.

To learn more about the survey results and Honeywell’s work in AI and automation, please visit www.honeywell.com/us/en/ai/research.

Methodology

Honeywell commissioned Wakefield Research to survey AI leaders around the world. The online survey, which was conducted from April 22 through May 2, 2024, involved 1,600 executives in 12 global markets (US, Brazil, Canada, China, France, Germany, India, Japan Mexico, United Kingdom, Kingdom of Saudi Arabia, and United Arab Emirates.) Each respondent works at a company with at least 1,000 employees that is currently using AI to automate processes and tasks. All respondents are influencers or decision-makers related to the use of AI within their departments or across their organizations.

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Vikas Bajaj Managing Director and CEO Bajaj Motors and President of AIFI, congratulated Jotshi on his new role, stating, “We are delighted to welcome Ashwani Jotshi as the Secretary General of AIFI. His extensive experience and visionary leadership will be invaluable as we navigate the challenges and opportunities in the forging industry. We look forward to his strategic insights and initiatives that will further strengthen our industry.”

Ashwani Jotshi, in a brief statement on his vision and goals for AIFI, said, “ I am thrilled to take on the role of Secretary General at the Association of Indian Forging Industry (AIFI). The forging industry plays a crucial role as a key link between critical manufacturing segments and end-user industries. With its presence in vital sectors like Automotive, Off-Highway, Railroad Equipment, Agriculture Machinery, Defense, and Aerospace, the Indian Forging industry is globally recognized for its technical expertise. However, it faces challenges such as a shortage of skilled manpower, rising energy prices, low-cost imports, increasing raw material costs, and inadequate support for micro and small units. I am eager to work alongside the AIFI team to address these challenges and propel the Indian Forging industry towards greater success and global competitiveness.”

During his tenure at ACMA, Jotshi led several notable projects and achieved significant milestones. He facilitated OEM customer visits, organized tech shows, and conducted B2B meetings, buyers-sellers meets, and exhibitions. He engaged with state governments on industry issues, conducted sessions on laws and regulations like GST, and initiated numerous training programs, workshops, and competitions.  Jotshi was also responsible for expanding the ACMA Western Region across Maharashtra, Gujarat, and Madhya Pradesh, establishing new offices in Pune, Ahmedabad, and Indore. During his tenure at ACMA, Jotshi traveled overseas on various assignments which helped to strengthen global connections. He also initiated the launch of HR, CFO, and Digital Forums, and promoted industry development through engaging activities.

As the new Secretary General of AIFI, Jotshi plans to focus on several immediate initiatives aimed at enhancing the association’s impact and reach. He intends to broaden AIFI’s membership base to include a wider range of stakeholders, increase the number of educational and knowledge-sharing sessions, and form strategic partnerships to benefit the association and its members. Additionally, Jotshi will also initiate forums for young business leaders and digital innovators and conduct comprehensive industry surveys to gather insights and drive development. His appointment marks a significant step forward for AIFI as it continues to advocate for the forging industry and address its critical challenges.

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The MoU was signed by Dr. Rajendra Pawar, Chief Engineer at MSEDCL, and Dr. Swati Mujumdar, Pro-Chancellor, Symbiosis Skills University in the presence of Dr. Rajesh Ingle, Vice Chancellor, Symbiosis Skills and Professional University, Dr. Santosh Patni, MSEDCL and Dr. Mahesh Wagh, SSPU.

This MOU bridges the gap between Industry and Academia. This MOU enables the students at SSPU to have real-time experience in understanding the safety norms and other aspects of the industry. The MoU opens up other avenues for internship opportunities as well.

Dr. Rajendra Pawar, Chief Engineer, MSEDCL said that MSEDCL has 25 district training centers and 4 regional centers in Maharashtra State. He added that the relationship between Symbiosis Skills and Professional and MSEDCL will mutually benefit both organizations.

Dr. Swati Mujumdar, Pro-Chancellor of Symbiosis Skills and Professional University ( SSPU) said that the MoU is a step ahead in incorporating a practical industry-aligned curriculum into the degree program. The School of Sustainability Studies offers a 4-year B. Tech Program in Smart and Sustainable Energy. This degree program covers all trends of environment and sustainability which are much in demand.

Dr. Swati Mujumdar added that practical exposure and Internships are a great way to bridge the gap between academia and the real world. They offer students a chance to gain practical experience, hone their skills, and explore career paths. Students can learn from experienced professionals while also contributing their unique ideas through mentorship programs and joint initiatives. The sharing of ideas and experiences has the potential to promote innovation and creativity.

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The event saw the participation of top hotel management leaders from prestigious establishments such as Mr. Nishanth Vishwanath, General Manager, The Ritz-Carlton Hotel, Pune; Mr. Amit Kumar, General Manager, JW Marriott Hotel Pune; Mr. Abhishek Sahai, General Manager, Conrad Hotels and Resorts Pune; Mr. Sudeep Sharma, General Manager, The Westin Pune Koregaon Park; Mr. Ryan D’Silva, General Manager, Hyatt Place Pune; Mr. Amit Kumar Sharma, General Manager, Amanora The Fern Hotel & Club Pune & President PHA and Mr. Gurmeet Singh, Chief Mentor, Lexicon Institute of Hotel Management, Former Senior Area Director HR – South Asia, Marriott International along with Mr. Nasir Shaikh, Group Chief Executive Officer, The Lexicon Group of Institutes, EduCrack, EasyRecruit+, and Principal Lexicon IHM and the complete team of Lexicon IHM. These industry leaders reviewed Lexicon IHM’s Curriculum and provided valuable suggestions to enhance the curriculum for future hoteliers.

Pankaj Sharma, President, of The Lexicon Group of Institutes, Chairman & MD, Pune Times Mirror, Civic Mirror, and MultiFit, stated, “The objective of the event was to ensure our curriculum remains industry-relevant and aligned with the Lexicon IHM vision.” He further emphasized, “Our focus is on preparing students to become leaders in the hospitality industry while instilling the importance of societal investment through their leadership values.”

The institute is committed to preparing students for the hospitality industry by continuously updating its curriculum based on feedback from the industry. This event was one of the many initiatives designed to make students industry-ready, equipping them with the necessary skills and knowledge to excel in their careers.

Nasir Shaikh, the Group Chief Executive Officer of The Lexicon Group of Institutes, EduCrack, EasyRecruit+ and also serving as the Principal of Lexicon IHM stressed the significance of having industry experts as instructors to provide knowledge. This ensures that the students are learning what is relevant today. Additionally, the fact that our faculty go for industry-academia exchange programs via the ‘faculty internship program’ is a big plus. He expressed, that it was gratifying to see the support from senior hospitality leaders to vet the curriculum and find it comprehensive and relevant in today’s time.

Shaikh mentioned that Lexicon IHM arranges industry visits and field trips every two weeks to give students hands-on experience. He emphasized the institute’s commitment to preparing Day Zero Professionals who are ready for employment after graduation. The students at Lexicon IHM are trained in English, Spanish, Mandarin, and Sign Language along with elements of Emotional Intelligence and memory techniques in addition to the core subjects to enhance their proficiency. This diverse skill set makes them adaptable and competitive in the job market.

During the event, the Lexicon IHM team gave industry leaders a comprehensive walk-through of the curriculum, highlighting what sets Lexicon IHM apart. The team showcased the distinctiveness of the curriculum and spoke about the subjects and certifications, including Conflict Resolution, In-Depth Studies of Wines and Cocktails, Entrepreneurship & Intrapreneurship, Ayurveda and Food, and many more.

The team at Lexicon IHM requested the industry leaders to provide their feedback to improve the curriculum and the suggestions have been incorporated. Additionally, the comments from the leaders were extremely fulfilling as Educationists. Sudeep Sharma, General Manager, The Westin Pune Koregaon Park commented, “If a student follows everything mentioned in the curriculum, their road to becoming a GM is well laid out.” Amit Kumar, General Manager, JW Marriott Hotel Pune, and Abhishek Sahai, General Manager, Conrad Pune asserted, “The Curriculum is an excellent one.”

Lexicon IHM’s ‘Curriculum Presentation and Vetting’ event exemplifies its commitment to bridging the industry-academia gap. With continuous feedback and collaboration with industry leaders, Lexicon IHM ensures its students are well-prepared to become future leaders in the hospitality industry.

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The establishment of this state-of-the-art facility underscored Sany Heavy Industry’s commitment to providing unparalleled service and support to its customers in the South Odisha and Western Odisha regions. The strategic location of the office enabled the company to offer seamless access to sales, service, and spare parts, thereby enhancing customer satisfaction and operational efficiency.

“We were delighted to announce the opening of Raghunath Machinery Head office at Rayagada, Odisha,” said Deepak Garg, Vice Chairman and Managing Director of SANY Heavy Industry India Pvt Ltd.

“This expansion reflects our dedication to better serving our valued customers in the region. By bringing our comprehensive range of services closer to them, we aimed to further strengthen our relationships and deliver superior value.”

The inauguration ceremony was attended by esteemed guests, dignitaries, industry partners, and members of the media. It included a ribbon-cutting ceremony followed by a facility tour, showcasing the advanced infrastructure and cutting-edge technologies incorporated into the office.

“This new office in Rayagada will serve as a hub for sales, service, and spare parts, enabling us to address the evolving needs of the construction industry in Odisha and Western Odisha.”

Customers can expect to receive comprehensive assistance from a dedicated team of professionals trained to deliver prompt and efficient service at this strategically located office in Rayagada. Raghunath Machinery is also planning to open regional offices at the following locations across Odisha: Jaypore, Sambalpur, Bolangir, and Bhawanipatna, further expanding accessibility and support for customers across the region.

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