strategy Archives - NRI News

EBRD Shareholders Endorse New Five-Year Strategy

News Desk — Thu, 15 May 2025 20:57:29 +0000

New Strategic and Capital Framework raises the Bank’s ambitions

EBRD’s Board of Governors approves Strategic and Capital Framework for 2026-2030
Supporting Ukraine during wartime and reconstruction remains the Bank’s central objective
Bank to increase size, scope, and impact

The Board of Governors of the European Bank for Reconstruction and Development (EBRD) today approved the Bank’s Strategic and Capital Framework (SCF) for the next five years.

The Board, which has overall authority over the Bank, voted to approve its strategic direction during its 34^th Annual Meeting and Business Forum, held in London.

The SCF for 2026-2030 raises the Bank’s ambitions to deliver for its countries, clients, and partners through its investments, chiefly in the private sector, and policy reform initiatives.

Its central strategic objective is the continuation of the Bank’s exceptional support for Ukraine during wartime and reconstruction.

Governors agreed at the end of 2023 to increase the Bank’s paid-in capital by €4 billion to provide significant and sustained investment for Ukraine and help support the EBRD’s priorities wherever it operates.

The Bank has deployed more than €7 billion in Ukraine since the full-scale Russian invasion in 2022, and the new capital will have a multiplier effect which will further increase available investment.

During the new SCF’s five-year period and without reducing its existing commitments, the Bank will also become fully operational in new countries in sub-Saharan Africa and Iraq.

Its ambition is to expand significantly its size, scope and impact thanks to its enhanced financial strength and greater geographical reach.

EBRD President Odile Renaud-Basso said: “I am very pleased that the EBRD’s shareholders have approved our strategic aspirations for the next five years.

This demonstrates their continued confidence in our approach and the relevance of our business model and its emphasis on the private sector.

The Bank enters the next SCF period from a position of strength. This enables us to be even more ambitious for the impact and delivery we strive to achieve, not least in supporting Ukraine, which will continue to be our top priority.”

The new SCF identifies three core themes for its activities:

Accelerating the green transition
Advancing economic governance
Promoting human capital and equality of opportunity for all

It also aims to maximise the Bank’s impact through two strategic enablers:

Developing and deploying digital technology.
Mobilising more private capital.

Each of the themes and enablers reflects areas where the scale of the challenges is large, the shared interest of the Bank’s shareholders is strong, and its capacity to add value is substantial.

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How Samco Mutual Fund’s New Large Cap NFO Can Boost Your Blue Chip Stock Momentum Strategy

News Desk — Wed, 05 Mar 2025 02:32:21 +0000

NFO Opens on March 5, 2025, and Closes on March 19, 2025
Actively managed fund based on the proprietary C.A.R.E. momentum strategy
Focuses on top 100 large-cap companies to deliver long-term wealth creation

MUMBAI: SAMCO Asset Management Private Limited has launched the New Fund Offer (NFO) for the Samco Large Cap Fund, an open-ended equity scheme focused on investing in large-cap stocks. The NFO will be available for subscription from March 5, 2025, to March 19, 2025. The fund aims to deliver long-term capital appreciation by building a diversified portfolio of the top 100 large-cap companies, leveraging SAMCO’s proprietary C.A.R.E. momentum strategy to identify high-quality, growth-driven opportunities.

The large-cap segment continues to be a preferred investment avenue, offering stability and consistent returns amid market fluctuations. With India’s economy on a growth trajectory, large-cap funds have demonstrated resilience, backed by established businesses with strong fundamentals. As investors seek to balance risk and reward, a well-structured large-cap portfolio remains a crucial component of long-term wealth creation.

The SAMCO Large Cap Fund is designed to leverage a proprietary C.A.R.E. momentum system, which dynamically selects stocks based on market performance indicators. This fund ensures optimal asset allocation with a minimum of 80% exposure to large-cap equities, providing investors access to well-established and fundamentally strong businesses. To manage market volatility effectively, the fund integrates tactical hedging and derivative strategies, safeguarding investor capital.

Using the C.A.R.E. momentum strategy, the fund selects stocks that demonstrate strong price action, revenue growth, and earnings acceleration. This multi-dimensional system ensures that the portfolio remains aligned with high-growth opportunities while maintaining resilience during downturns.

Commenting on the launch, Viraj Gandhi, CEO of SAMCO Asset Management Private Limited, said: “In the current market environment, large-cap stocks in India have become attractively priced relative to mid and small caps, presenting a compelling investment opportunity. After a period of significant outperformance by mid and small caps, valuations in that segment have stretched, while large caps offer better risk-adjusted returns and stability. With strong fundamentals and improved earnings visibility, large caps which are top 100 companies by market cap are positioned to lead the next phase of market growth. This makes it an opportune time to launch the SAMCO Large Cap Fund, which is designed to capitalize on this opportunity through a disciplined, C.A.R.E. momentum-driven strategy focused on absolute, relative momentum, and dynamic risk management. Investors can benefit from potential upside participation while aiming to mitigate downside risks.”

The fund will be jointly managed by Mrs. Nirali Bhansali, Mr. Umeshkumar Mehta, and Mr. Dhawal Ghanshyam Dhanani. Their deep expertise in fundamental and momentum-based investing will drive the fund’s strategy to maximize returns for investors.

Umeshkumar Mehta, CIO of SAMCO Asset Management Private Limited, added: “Large-cap companies represent stability and long-term wealth creation. Through our active stock selection process, we aim to outperform traditional passive large-cap strategies by identifying stocks with strong momentum indicators. Our disciplined approach ensures that we optimize the portfolio for risk-adjusted returns.”

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Praj’s Strategy for Achieving 3 Times Revenue by 2030

News Desk — Fri, 22 Nov 2024 07:24:03 +0000

PUNE: Praj Industries is eying opportunities in multiple sectors including sustainable aviation fuel (SAF), biopolymers, and the energy transition & climate actions (ETCA), and is expecting to triple its revenues by 2030. During a Press Conference held in the city, Dr. Pramod Chaudhari along with his team comprising Atul Mulay, President, of Bioenergy Business and Ghanshyam Deshpande, President of Technology interacted with the media about the possible opportunities and Praj’s preparedness to grab the same.

Speaking on the occasion Dr Pramod Chaudhari said, “The energy transition & climate actions (ETCA) sector which has a global potential and contains segments like blue and green hydrogen, green ammonia, and west to energy solutions is expected to drive the growth. Globally, the energy majors are likely to invest close to INR 25 Lakh Crore in the clean energy sector by 2030, whereas the traditional oil and gas market will continue to attract new investments to the tune of 21 Lakh Crore in the next 10 years time on the global front.”

“This will lead to a significant demand for modularization solutions for setting up plants in the above-mentioned sectors. To cater to this demand, Praj has developed strong engineering capabilities in modularization and has set up a dedicated advanced manufacturing facility at Mangalore in Karnataka with an investment of about INR 400 Cr. Spread across 123 acres of land, this plant can deliver revenues in the range of INR 2000-2500 Cr annually at the optimum level”, Dr. Chaudhari added.

“The CORSIA agreement for the use of Sustainable Aviation Fuel (SAF) has opened a door to new opportunities for Praj as India has set the target of blending 1% by 2027 and 2% by 2028. Whereas, the EU and USA have kept the SAF blending target of 6% and 10% respectively. India’s first commercial passenger flight powered by indigenously produced SAF from sugarcane molasses successfully flew from Pune to New Delhi. Air Asia, Praj, and Indian Oil came together for this successful attempt”, informed Ghanshyam Deshpande.

Atul Mulay said, “The current revenues of Praj are close to INR 3400 Cr annually, and we have a goal to reach INR 10,000 Cr by the year 2030. Currently, the share of exports is around 29%; going forward, we are looking at increasing it to 50% by 2030.”

Updates from the Praj’s community project to make Mandede Village a Net zero and a climate-resilient Village

Praj Industries Limited with support from the Gokhale Institute of Politics and Economics (GIPE) has undertaken a special project to make the Mandede village near Paud a model Net Zero and a climate-resilient village. The initiative aims to work in areas like water, energy, waste, livelihood, and social. It has a range of interventions enhancing efficiency, bringing better governance, and increasing sustainability in each area.

While sharing the updates of this flagship project, Atul Mulay informed that the initiative started about a year and a half ago and a lot of changes have taken place in the village. Some of the significant ones include the installation of clean cookstoves in 50% of households. This has resulted in a 50% reduction in fuel wood usage and an equivalent reduction in emissions.

Energy:
Secondly, as a part of a pilot project to reduce scope 2 emissions from electricity usage, solar panels are fitted in more than 10% of households. On the successful completion of the pilot, the project shall be scaled up. A lot of enthusiasm has been witnessed from villagers for solar panel installation.

Water:
On the water resources management front, the desiltation of three chain bunds has been completed. It has resulted in water availability till the end of the summer. It has helped in the recharge of groundwater and increasing levels of dug wells & bore wells downstream. A detailed study to quantify the impact is in progress. The technical hydro-geological study has been done and the watershed management initiative will begin this winter as the mapping of water resources is complete.

Waste Management and Reuse of Wastewater:
On the waste treatment front Eco-STP, a nature-based solution to naturally treat the grey water is established in main Wadi. This will treat the entire wastewater of the wadi with no energy input. This is also being implemented in the other locations of the village soon. The process of treating household-level organic waste at the households only has been started and facilities like composters are being made available for the same. The plastic and other waste are being deposited into the central bins provided at multiple locations in the village and is being taken care of through authorized recyclers.

Many more initiatives are in the pipeline to make this village a net zero climate-resilient one.

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Building A Billion-Dollar Ecosystem

News Desk — Wed, 24 Jul 2024 11:01:25 +0000

Farmer’s Son Shri Rajeram Ghawate leads with chemical-free products with Chief Strategist, Rajesh Shukla

PUNE: A series of programs was held in the state of Maharashtra recently from July 9th to July 12th, mainly in Pune, Shirur, and Nasik. The program was organized by the Rajganga Group and supported by the Venture Studio Capital team and Jagoo Nari. The purpose of the program was to make the Rajganga Group a global player.

The program started at the JW Marriott for discussions on new strategies, then moved to the Novotel Hotel for the launch of new products. The entire expert team then visited Shirur to see the college and school projects. Finally, they visited Vasantraodada Patil Sahakari Sakhar Karkhana Ltd. in Vithewadi (Lohoner), Tal. Deola, Dist. Nasik, to assess its valuation and viability. The main purpose of the entire program was to globalize the company and make it one of the best in India.

Rajganga Fertilizers and Chemicals Pvt Ltd, led by Dr. Rajeram Ghawate (Chairman), Prasad Ghawate (CEO), Hrushikesh Batte (Director), Amruta Ghawate (Director) along with the strategy team of the National Intellectual Advisory including CS Madhu Tyagi (Managing Trustee, Jagoo Nari Foundation), and Deepak Tyagi (Managing Partner, Panchsheel Doodh Kendra),

The event was graced by esteemed dignitaries, including Shri Suhas Deshmukh (District Collector, Pune), Shri Rajesh Shukla (Chief Strategist, National Intellectual Advisory), Shri Amar Sable (former Member of Parliament, Rajya Sabha, and Vice President of Bharatiya Janata Party, Maharashtra), Shri Prakashshet Dhariwal (CMD, Manikchand Group), Shri Mahesh Landge (MLA, Bhosari Constituency), Dr. Deepak Taware (Commissioner of Cooperation), Prince Tyagi (Managing Partner, Venture Studio Capital), Shri Kishor Raje Nimbalkar (Retd. Chairman of MPSC), Shri Shekhar Gaikwad (Additional Director General, Yashada), and Shri Rafik Naiwadi (Divisional Joint Director of Agriculture, Pune), among many others. Their presence underscored the importance and potential impact of Rajganga’s global vision, which includes adding new product lines and expanding into new businesses such as a sugar factory and ethanol trading with Nayara Energy.

Chief Strategist Rajesh Shukla remarked, “The most important thing is to finish the work before the due date and time. Quality is key to success, and the customer is next to God. Customer satisfaction is paramount. We must return to society whatever we earn beyond what is necessary for business and family needs. This approach ensures that the entire ecosystem grows together, leading to sustainable growth and a win-win for everyone.”

Dr. Rajeram Ghawate, Chairman of Rajganga Group, shared his inspiring story. Starting as a school teacher and fitness center owner in Pune, he founded a small laboratory for farmers, which gradually evolved into a comprehensive ecosystem supporting rural and farmer life. This ecosystem includes a school for farmers’ children, an infrastructure company, a gym, a restaurant, a transport company, and a CNG production unit.

Rajganga Group’s latest venture into chemical-free fertilizers and pesticides represents a significant leap in organic farming. These products guarantee healthy, chemical-free produce, catering to the growing demand for organic food worldwide. Over the last four years, the group has completed trials, achieving a valuation of approximately 138 crores.

Rajganga Group is now setting its sights on a bold corporate vision of reaching a 10 billion USD valuation in the next five years. This ambitious goal reflects the group’s commitment to sustainable growth and global leadership in the agricultural sector.

District Collector Dr. Suhas Diwase praised Rajganga Group’s focus on quality and customer satisfaction, reminiscing about his long-standing friendship with Dr. Rajeram Ghawate. He highlighted the program’s positive impact on youth and the promising future of the group’s ventures.

Rajganga Group’s journey from a micro-level initiative to a global leader is a testament to the power of vision, teamwork, and strategic guidance. As they march towards their ambitious goals, their commitment to quality, innovation, and sustainability will undoubtedly drive their continued success.

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