Latest from Fashion Value Chain
Fashion Value Chain
11 minutes ago
- Business
- Fashion Value Chain
A New Chapter Begins: State Street Moves into IndiaLand Tech Park, Strengthening Coimbatore's Rise as a Global Tech Hub
In a major boost to Coimbatore's commercial real estate landscape, IndiaLand Tech Park, a LEED Platinum-rated IT SEZ campus in Saravanampatti, has welcomed global financial giant State Street as its newest tenant. Known for its eco-conscious infrastructure and premium business environment, IndiaLand continues to attract multinational corporations seeking sustainable and future-ready workspaces in India's tier-2 cities. State Street officially inaugurates its Centre of Excellence at IndiaLand Tech Park, Coimbatore, occupying 2.1 lakh sq. ft. across four floors in Tower D State Street, a global leader in financial services and asset management, has taken up 2.1 lakh sq. ft. of office space across four floors in Tower D of IndiaLand Tech Park. The official inauguration of the Centre of Excellence took place today, July 16, 2025. With global corporations such as Accenture, Hexaware, Amazon, Bosch, Cognizant, and now State Street operating out of IndiaLand Tech Park, this collaboration marks a significant milestone in the city's economic development. It underscores the growing trend of multinational companies embracing sustainable, Grade-A infrastructure in India's tier-2 cities-positioning Coimbatore as a compelling destination for long-term growth and strategic expansion. This move underscores the growing momentum of Coimbatore as a preferred destination for IT, BFSI, and technology firms. With its robust infrastructure, abundant talent pool, and favorable cost structure, the city is rapidly emerging as a high-potential alternative to traditional metros. Areas like Saravanampatti-an established IT and SEZ corridor in Coimbatore-are witnessing a surge in Grade-A commercial developments, increased demand, and rising occupancy rates. Mr. Harish Fabiani, a visionary entrepreneur and Group Chairman of IndiaLand Corporation, is passionately committed to developing world-class, sustainable infrastructure across India. Under his leadership, IndiaLand has delivered high-performance campuses in key cities including Mumbai, Pune, Chennai, and Coimbatore-each reflecting his forward-looking vision of environmentally responsible and globally competitive business destinations. Salai Kumaran, CEO, IndiaLand Tech Park, expressed his excitement, 'A growing number of global IT giants are choosing to be part of the Platinum-rated, eco-friendly IndiaLand Tech Park community. Their decision to establish a base here reinforces the strategic value of Coimbatore and validates our continued investment in sustainable, future-ready campuses. These partnerships are a proud moment for us.' With operations commencing today, State Street's entry marks a defining moment in Coimbatore's economic development. It also highlights how international enterprises are increasingly turning to sustainable office spaces in India's tier-2 cities to drive long-term growth. This partnership sets a compelling example of how world-class companies, when paired with green infrastructure, can unlock economic potential beyond metro markets-firmly positioning Coimbatore as a rising global business hub.
Fashion Value Chain
an hour ago
- Business
- Fashion Value Chain
Dassani Brothers Celebrate Team Spirit at Udaan 2026
Dassani Brothers, a legacy brand in the Indian gems and jewellery industry, hosted Udaan 2026, a heartfelt internal event celebrating its team's journey, resilience, and collective ambition. The event embodied the spirit of rising higher and embracing change with confidence and purpose. The evening began with the Navkar Mantra, establishing a spiritual and grateful tone. A vibrant welcome session followed, encouraging introductions, camaraderie, and team bonding. A major highlight was an inspiring film chronicling the evolution of Dassani Brothers, reflecting its heritage, values, and commitment to excellence in craftsmanship and culture. The celebration included a three-tier employee recognition ceremony, honoring loyalty and service: Platinum League: for 30+ years of dedication Diamond League: for 15+ years of impactful contributions Gold League: for 8+ years of service and commitment Key team members also received formal designations, acknowledging their expanding roles and leadership responsibilities across departments. A visionary session was led by the MD & CEO of the International Institute of Gemology (IIG), who is now onboarded as a Business Consultant to Dassani Brothers, reinforcing the brand's focus on innovation and industry leadership. The evening lightened with a stand-up comedy performance, creating a space of joy and connection, followed by an emotional tribute video to employees and their families, celebrating unity and shared values. Founder & Finance Head, Surendra Kumarji Dassani, shared heartfelt closing remarks: 'Our strength lies not just in the diamonds we craft but in the people who shape our story every day. Udaan 2026 is a celebration of that spirit — one of resilience, evolution, and shared success.' The event concluded with a commitment to employee wellbeing, reaffirmed through initiatives like health insurance and leisure trips, reflecting the company's continued people-first philosophy.
Fashion Value Chain
an hour ago
- Business
- Fashion Value Chain
Chennai Retail Summit 2025 Sparks Sectoral Innovation
The Retailers Association of India (RAI) hosted the Chennai Retail Summit 2025 at ITC Grand Chola, spotlighting the fast-evolving Indian retail landscape under the theme 'Changing World of Retail.' The event attracted influential voices from across sectors, setting the stage for powerful discussions on emerging opportunities, technological transformations, and retail's expanding footprint beyond metros. The summit positioned Chennai as a nucleus of retail innovation and collaboration. A keynote by R.G. Chandramogan, Founder of Hatsun Group, and a special address by Ba. Ramesh, Joint MD of Thangamayil Jewellery, added depth and regional perspective to the summit's forward-looking agenda. Kumar Rajagopalan, CEO, RAI, emphasized Tamil Nadu's pioneering role in modern retail: 'Tamil Nadu's informed consumers, regional diversity, and strong tech infrastructure make it a retail powerhouse. From creating employment to enabling experimentation, this state is a vibrant model for scalable, inclusive retail.' The summit featured an impressive lineup including: R. Balachandar , MD, Haribhavanam Restaurants Balachandar R , Director, Junior Kuppanna Suhail Sattar , Director, Hasbro Clothing (Basics); Chairman, RAI Chennai Chapter C.K. Kumaravel , Co-founder & CMD, Naturals Salon Palaniswamy Vanjimuthu, Director, Boomerang Ice Cream Their insights focused on dynamic consumer shifts, retail tech adoption, and navigating regional nuances. Key panel themes included: 'Scaling Up Smartly' – strategies for responsible growth 'Tradition Meets Innovation' – managing generational transitions 'Beyond the Metros' – unlocking smaller city opportunities 'Retail Tomorrow' – anticipating future trends and behaviors Balachandar R (Junior Kuppanna) reflected on hyperlocalization: 'Growth isn't about being everywhere—it's about adapting everywhere.' Suhail Sattar (Hasbro Clothing) noted: 'Retailers must balance trend-driven offerings with value and multi-channel responsiveness.' Sunil Sanklecha (Nuts 'N' Spices) remarked: 'Retail's foundation—trust and customer ties—remains strong, but the delivery is evolving fast.' The summit reinforced RAI's vision to champion progressive, inclusive, and adaptive retail models, paving the way for deeper engagement and future-ready strategies in India's vibrant retail sector.
Fashion Value Chain
2 hours ago
- Business
- Fashion Value Chain
Bangalore Watch Company™ Enters GPHG 2025, the Oscars of Luxury Watches
Bangalore Watch Company™, a luxury watch brand based in India, has entered the 2025 edition of the Grand Prix d'Horlogerie de Genve (GPHG) – widely regarded as the most prestigious award in the world of watchmaking. Two watches in Agumbe Two watches from the brand's Peninsula Professional collection, launched earlier this year, have been submitted for consideration: Peninsula Agumbe in the Sports category, and Peninsula Mannar in the Challenge category. Before the formal nomination was submitted, the GPHG jury independently put forward the Peninsula collection – an early and significant recognition for the brand. 'This is an incredibly proud moment for us,' said Nirupesh Joshi, Co-Founder of Bangalore Watch Company. 'Since we founded the brand in 2018, our aim has always been to elevate watchmaking from India to global standards, and this recognition by the GPHG jury is a huge pat on the back for the work that the team has put in over the years. It shows that our work is being noticed globally!' The Peninsula Professional collection was launched in April 2025 as a celebration of India's geographic diversity. With watches celebrating the Himalayas, the Oceans, and the Western Ghats, the brand has positioned the Peninsula collection as an all-purpose outdoor watch. The watches are built for 200 Meters of water resistance, made of a unibody surgical-grade steel case, with Sapphire crystal housing. The watches are also powered by highly accurate Swiss Automatic movements. 'The Agumbe with its deep green dial draws from the dense rainforests of the Western Ghats. And the Mannar is a limited-edition with a dial made from a rare black mother-of-pearl, inspired by the ancient pearl diving tradition of the Gulf of Mannar. We're really thrilled to present these watches to the GPHG jury this year.' said Mercy Amalraj, Co-Founder of the brand. 'India is becoming a fast-growing market for Swiss luxury watches; it almost feels like a coming of age when Indian customers appreciate luxury watches. All eyes are on India at the moment. However, this recognition for a small brand like ours is a sign that India should not just be viewed as a consumer of luxury watches but has the potential to produce brands that can be appreciated globally for our storytelling, design, and world-class craftsmanship,' added Joshi. About Bangalore Watch Company™ Bangalore Watch Company™ produces world-class, luxury wristwatches from India. Each collection, produced in limited numbers, tells stories from the Indian Air Force, Indian space program and others from modern-India. Founded in India's watchmaking ground-zero in 2018, the brand has built an enthusiastic following around the world with patrons in over 30 countries.
Fashion Value Chain
3 hours ago
- Business
- Fashion Value Chain
Nobel Hygiene Secures ₹25 Cr PLI Grant for FY 2024–25
Nobel Hygiene, a leading Indian player in the hygiene products sector, has been awarded ₹25 crore under the Production Linked Incentive (PLI) scheme by the Ministry of Textiles for FY 2024–25. Out of more than 50 applicants in the diaper segment, Nobel Hygiene is one of only two companies selected—an acknowledgment of its strong commitment to boosting domestic manufacturing and furthering the Indian government's Atmanirbhar Bharat mission. This prestigious recognition underscores the company's strategic efforts to strengthen India's hygiene sector. It follows Nobel Hygiene's recent ₹180 crore investment in a new greenfield manufacturing facility. The state-of-the-art plant is designed to enhance production capabilities, integrate cutting-edge technologies, and support the company's growing presence across the country. The PLI grant will play a pivotal role in driving innovation, efficiency, and self-reliance in India's hygiene manufacturing ecosystem. The incentive allows Nobel Hygiene to scale operations and meet increasing domestic demand, especially in underserved markets where access to quality hygiene products remains a priority. In light of this milestone, the company is open to facilitating a conversation with Mr. Nikhil Datye, CFO, Nobel Hygiene, to delve deeper into this achievement. Key topics for discussion include: The strategic importance of the Ministry of Textiles' recognition How the PLI grant is accelerating product innovation within the hygiene sector The company's roadmap for scaling operations and aligning with national self-sufficiency goals With this support, Nobel Hygiene is positioned to lead a transformative shift in India's hygiene landscape while contributing meaningfully to the textile sector's modernization. The company's role in building capacity and leveraging local capabilities serves as a model for how public-private synergy can drive sustainable and inclusive industrial growth.
