Latest news with #Chordia


Indian Express
03-06-2025
- Business
- Indian Express
Pune Inc: Determined to make India clean and green, this entrepreneur led by example
It was around 2014, when Suhana Masale, a brand of Pravin Masalewale—a Pune-based spice company that is more than six decades old—saw growth in business, innovation and product range. At the time, it struck Anand Chordia, one of the younger members of the family, that the brand's economic success should be accompanied by a commitment to ecological conservation. 'When we travel to countries outside India, we are impressed by how clean and green they are. I always wanted to work on making my own country like that. Where could I begin the journey? I realised that I would begin the journey with myself and my premises. That is how the sustainability journey at Suhana started,' says Chordia, who is a food technologist who graduated in botany. Thanks to Chordia's decision, Suhana Warehouse in Pune's Yavat has received the prestigious Net Zero Energy Certification by the Indian Green Building Council (IGBC), at IGBC's Green Summit and Abhinandan 2025. Chordia received the honour on May 30 from Pankaja Munde, Maharashtra Minister of Environment and Climate Change. 'When we started our zero waste journey, I did not have a thought or idea about what net zero was or what the technical terms of the environment were, but we kept on the path. We evolved and progressed, as we were committed to making Suhana a zero-waste company,' says Chordia, Director, Technology and Innovation, Suhana Masale, and Founder, The Eco Factory Foundation. 'We started a foundation, the Eco Factory Foundation, after learning a lot about waste management. We launched India's first waste management park, and even today, we continue the journey at Suhana. After managing waste efficiently, we also started working on water conservation and energy conservation, among others,' he adds. The one-acre warehouse that has received the certification was designed by Chordia from scratch nine years ago. Located on a barren, low-rainfall land in Yavat, it was constructed using only green material. There is no air conditioning, but relying on natural ventilation, the company has achieved a temperature that is around 4 to 5 degrees lower than the outside environment. Solar power drives the warehouse while constant rainwater harvesting and mulching of soil with organic waste have ensured that the borewells, which never used to have water earlier, are recharged and are full throughout the year. Water is recycled, as is plastic. 'We use innovative technologies and tools to convert plastic to oil and paper blocks and send them to people who will convert them into pellets and make tiles. We use those tiles on site,' says Chordia. Eventually, what was barren land is now converted into a lush, green forest-like ecosystem that attracts a lot of native birds and small insects, including honey bees. 'All our other infrastructure, such as new factories in Hyderabad and other parts of India, is being designed similarly now. As an agricultural business, we believe that if we do not preserve nature, no agricultural business will survive. A country like India needs a soil-based economy more than an oil-based economy. The health of our nation lies in the health of our soil. So, although we run an industry, we work on water, air, waste and energy to achieve net zero,' says Chordia. He emphasises that greenfield projects 'do not need extensive financial inputs'. 'It is not a capital-intensive exercise. It is only about awareness. I always say that ecological means eco-friendly and logical. People do not understand that, if it is logically correct, it is going to save a lot of money in the long term. In the long term, it is not about spending but about getting back, and you will earn out of it,' says Chordia. He gives the example of waste segregation and says that it needs awareness, not money. 'If you segregate waste, you are not making it garbage. You are turning it into a resource to make some other important product. Waste is actually a resource at the wrong place,' he adds. Chordia looks at the certificate as both a source of motivation and a validation. It has been a journey that has tested his commitment, and today, his ideas about nature-inspired solutions are yielding results. 'It is definitely happening,' he says. Dipanita Nath is interested in the climate crisis and sustainability. She has written extensively on social trends, heritage, theatre and startups. She has worked with major news organizations such as Hindustan Times, The Times of India and Mint. ... Read More


Time of India
01-05-2025
- Business
- Time of India
Panchshil Realty to invest Rs 1,000 crore to develop IT Park in Indore
INDORE : A Pune-based realty company has taken up space on the Super Corridor in Indore to develop an Information Technology (IT) Park with an investment of Rs 1,000 crore. The facility is expected to generate about 10,000 jobs in the tech sector. "This is our first investment outside the state of Maharashtra. We are putting up a million sq ft of IT Park on Super Corridor. This facility will generate about 10,000 jobs and be a boost for the state. We are focused to get GCC companies," said Atul Chordia, chairman, Panchshil Realty on the sidelines of an event. The proposed IT Park will give space to occupants on 10-15 years long lease and eye investment from GCC firms. The Pune headquartered realty firm has delivered more than 32 million sq ft of IT Park in Pune which has generated more than 6 lakh jobs. "We wanted to step out of Maharashtra and got to know about the presence of some large companies in Indore. The plan is to put up a world class facility in Indore and then rent it out to large IT companies on minimum 10-15 years lease. This has been our business model back in Maharashtra," said Chordia. The realty firm has around 500 clients as their occupants in the Pune facility. The firm has delivered 21.49 million across more than 25 office parks and data centres, and another 24.45 million is under-development. The facility houses multinational companies and GCCs like HSBC, Citi Bank, EY, Credit Suisse, IBM, Mastercard and Hyundai. "The MP govt has been instrumental in creating an investor-friendly ecosystem, and their commitment to promoting growth is evident in every step of our journey. MP's contribution to India's services sector is immense, and as we continue to grow, we are also committed to providing skills to underprivileged youth in the IT sector," said Chordia.


Time of India
30-04-2025
- Business
- Time of India
Super Corridor site attracts Rs 1000 cr investment for IT Park
Indore: A Pune-based realty company has taken up space on the Super Corridor in Indore to develop an Information Technology (IT) Park with an investment of Rs 1,000 crore. The facility is expected to generate about 10,000 jobs in the tech sector. "This is our first investment outside the state of Maharashtra. We are putting up a million sq ft of IT Park on Super Corridor. This facility will generate about 10,000 jobs and be a boost for the state. We are focused to get GCC companies," said Atul Chordia, chairman, Panchshil Realty on the sidelines of an event. The proposed IT Park will give space to occupants on 10-15 years long lease and eye investment from GCC firms. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Click Here - This Might Save You From Losing Money Expertinspector Click Here Undo The Pune headquartered realty firm has delivered more than 32 million sq ft of IT Park in Pune which has generated more than 6 lakh jobs. "We wanted to step out of Maharashtra and got to know about the presence of some large companies in Indore. The plan is to put up a world class facility in Indore and then rent it out to large IT companies on minimum 10-15 years lease. This has been our business model back in Maharashtra," said Chordia. The realty firm has around 500 clients as their occupants in the Pune facility. The firm has delivered 21.49 million across more than 25 office parks and data centres, and another 24.45 million is under-development. The facility houses multinational companies and GCCs like HSBC, Citi Bank, EY, Credit Suisse, IBM, Mastercard and Hyundai. "The MP govt has been instrumental in creating an investor-friendly ecosystem, and their commitment to promoting growth is evident in every step of our journey. MP's contribution to India's services sector is immense, and as we continue to grow, we are also committed to providing skills to underprivileged youth in the IT sector," said Chordia.