IT'S A SCORCHING April afternoon in Dindori, about 45 minutes by road from Nashik. To make matters worse, we are outdoors at a dusty construction site. But the heat and dust don't seem to bother the project teams that are focussed only on their deadlines.
That's because the teams have their task cut out. In barely a year, this place is set to become unrecognisable as the first phase of the fully integrated second manufacturing campus of Reliance Life Sciences (RLS)-the biotechnology firm fully owned by investment companies of Mukesh Ambani-is expected to be ready. Eventually, the project teams' efforts are set to transform this undulating, rocky terrain into a picturesque location, with a lake to top it off.
"Yes, it is an aggressive timeline and we are on track so far," says the company's President K.V. Subramaniam, as he takes us to an air-conditioned cabin (the ones you typically see at sites like these), providing us relief from the heat. The cabin offers a full view of the 160-acre campus housed in Maharashtra Industrial Development Corporation (MIDC) territory, in an area that is already a thriving business base for many marquee names of India Inc.
Though the typical Reliance scale is evident, unlike with some of its illustrious sister concerns, here it is also mixed with caution-to paraphrase a Chinese proverb, this is a firm that is looking to cross the river by feeling for the stones.
Incorporated in 2001, it has patiently nurtured its research and manufacturing capacity to become an end-to-end player, diversified its presence across segments, and now boasts of a portfolio of 43 products, and a workforce of 1,300. Thanks to this, it has outgrown its current 20-acre campus in Navi Mumbai, necessitating the Dindori project, for which it has earmarked ₹4,400 crore-half of that amount is set to be utilised in the first phase.
هذه القصة مأخوذة من طبعة August 06, 2023 من Business Today India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة August 06, 2023 من Business Today India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
The EV Craze
The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly
The Storage Boom
Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?
India Beckons
Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before
The Pearls of The Sea
Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it
66.Brand persona should define the core"
I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.
Unwind in Style
Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury
A Lifelong Affair with Inspiration
In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art
Make it Bubbly
Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles
Palatial Splendour
Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers
Of Beaches and Cream
GianChand Single Malt Whisky