Latest news with #JKOrganisation
Fashion Value Chain
19-06-2025
- Business
- Fashion Value Chain
IIM Lucknow and JK Organisation Host Prestigious Leadership Awards, Honouring India's Changemakers
IIM Lucknow and JK Organisation jointly hosted the Lakshmipat Singhania National Leadership Awards 2025 in New Delhi. The awards honour individuals creating a meaningful impact on Indias socio-economic growth through leadership, innovation, and integrity. Indian Institute of Management Lucknow jointly hosted the Lakshmipat Singhania National Leadership Awards Ceremony with JK Organisation, in the presence of Smt. Nirmala Sitharaman, Hon'ble Finance Minister, as the Chief Guest, honouring some of India's most inspiring and transformational leaders. The event, instituted in memory of the visionary industrialist and philanthropist Late Shri Lakshmipat Singhania, honoured some of the nation's most inspiring leaders who are shaping Indias future through transformational initiatives. Awardees of Lakshmipat Singhania – IIM Lucknow National Leadership Awards 2025 The ceremony was graced by eminent dignitaries including Raghupati Singhania, Vice President, JK Organisation; Harshpati Singhania, Chairman & Managing Director, JK Paper Ltd; Vinita Singhania, Chairperson, JK Lakshmi Cement; Prof. (Dr.) M. P. Gupta, Director, IIM Lucknow; and Shri N. K. Singh, Chairman of the Jury. In her keynote address, Smt. Sitharaman highlighted how India's journey towards becoming a developed nation is being accelerated by visionary leaders who tackle current challenges while laying the foundation for the future. 'Whether its driving scientific innovation, transforming governance, or uplifting communities, these leaders are catalysts of lasting change. She also commended institutions like IIM Lucknow for nurturing the next generation of ethical and resilient leaders.' Speaking at the event, Raghupati Singhania, Vice President, JK Organisation said,'It is a privilege to be part of this special occasion that celebrates exemplary leadership and nation-building. The Lakshmipat Singhania National Leadership Awards reflect the core values that JK Organisation has upheld for over a century-integrity, innovation, and social responsibility. Through our initiatives in education, healthcare, sanitation, and employment generation, we have consistently worked towards inclusive and sustainable development. Our operations, including those in Tamil Nadu, exemplify our commitment to creating technology-driven, community-focused impact. As we honour today's changemakers, we are reminded that responsible leadership can truly shape the future of our nation.' Sharing his thoughts on the occasion, Harshpati Singhania, Chairman & Managing Director at JK Paper Ltd, said, 'Instituting these awards has been a deeply meaningful endeavour-to honour those who exemplify purposeful leadership in shaping India's future. Over the years, I've had the privilege of witnessing how exceptional leadership, whether in business, community development, or science and technology, can transform lives and inspire generations. Today's awardees represent the very best of that spirit-visionaries who lead with integrity, innovation, and impact. IIM Lucknow and its governing board have played a pivotal role in nurturing such leadership, and I'm proud to see this legacy continue. My heartfelt congratulations to each honoree-your journeys reflect the promise and potential of a new India.' Addressing the gathering, Dr MP Gupta, Director, IIM Lucknow, said, 'These awards are a reflection of the values we deeply uphold at IIM Lucknow-ethical leadership, visionary thinking, and a commitment to inclusive progress. Partnering with JK Organisation to honour such inspiring individuals reinforces our mission of shaping leaders who not only excel professionally but also contribute meaningfully to society. We take immense pride in celebrating changemakers who are redefining what leadership means in today's world.' Awardees of the Lakshmipat Singhania-IIML National Leadership Awards 2025 Category Business Leader : Shri Venu Srinivasan, Chairman Emeritus of TVS Motor Company Young Leader: Shri Sahil Brua, Co-Founder & CEO, Delhivery Category: Community Service & Social Upliftment Leader: Shri Kailash Chandra Agrawal, Founder, Narayan Seva Sansthan, Udaipur Young Leader: Ms. Pallabi Ghosh, Founder, Impact and Dialogue Foundation Category: Science & Technology Leader: Dr Satheesh Chandra Shenoi, MoES Chair Professor/Scientist, Former Director, Indian National Centre for Ocean Information Services (INCOIS) Young Leader: Dr. Urbasi Sinha, Professor, Light and Matter Physics, Raman Research Institute Bangalore Over the years, the Lakshmipat Singhania-IIML National Leadership Awards have emerged as a respected platform celebrating nation builders who lead with purpose. Through this initiative, JK Organisation and IIM Lucknow remain committed to honouring individuals who are shaping a better, more inclusive India. About JK Organisation JK Organisation is one of India's most respected and diversified industrial conglomerates, with a rich legacy of over 125 years. Headquartered in India, the Group has a strong multinational footprint with manufacturing operations in countries such as Mexico, Indonesia, Romania, Belgium, Portugal, and the UAE. The Organisation's businesses span across key sectors including tyres, cement, paper, power transmission, sealing solutions, dairy products, and textiles, with exports to over 100 countries across six continents. Built on a foundation of innovation, excellence, and social responsibility, JK Organisation is driven by a commitment to world-class manufacturing, sustainable practices, and cutting-edge research & development. With over 10,000 distributors and numerous retail and service centres, the Group enjoys strong brand recall and leadership in its respective markets. It operates with a strong focus on green technologies, energy conservation, and quality control, ensuring that every product aligns with global standards. Guided by the visionary leadership of its founding members-Lala Juggilal Singhania, Lala Kamlapat Singhania, and their successors-the Organisation continues to uphold core values of integrity, care for people, and a relentless pursuit of excellence. JK Organisation remains a dynamic and socially valued conglomerate, deeply rooted in nation-building and global progress.
Hindustan Times
17-06-2025
- Business
- Hindustan Times
PioneerUrban eyes Tier-2 expansion for senior living projects; Jaipur, Dehradun, and Varanasi on the radar
PioneerUrban Land and Infrastructure Ltd, which recently entered the luxury senior living segment with its ₹300 crore 'Advait' project in Gurugram, now plans to expand its joint venture with the J K Organisation to Tier-2 cities and towns, including Rishra near Kolkata. The venture, under the latter's real estate arm J K Urbanscapes Developers Ltd (formerly J K Cotton Ltd), aims to optimise landbanks in locations such as Kolkata, Varanasi, Dehradun, and Jaipur, Rakesh Bohra, chief operating officer of PioneerUrban, told He said the company plans to invest ₹1000 crore over five years in developing these land parcels, excluding land cost, as the land is owned by the J K Organisation. PioneerUrban is looking to replicate its senior living project model in Tier-2 cities through its joint venture with the J K Organisation, leveraging the latter's land banks across India. "The partnership with JK is based on the synergies we bring to the table in terms of vision, land holdings and real estate development expertise. This project in Gurugram is a test case, to showcase the product,' Bohra said. He noted that senior living is not a concept that can be marketed purely through brochures. 'It's a product people need to experience to understand its value. Gurugram has a cosmopolitan audience that is more open to new ideas. Once proven here, we plan to expand across North India and in Rishra near Kolkata.' The land parcels identified for future senior living projects are located in Tier-2 cities where the J K Organisation owns land adjacent to its factories. These include a parcel between Varanasi and Mughalsarai in Benares, land in Rishra near Kolkata, a site in Jaipur, and another in Dehradun. 'A 3-4 acre parcel is ideal for a senior living project. We are working through our 50:50 joint venture, Pioneer JK Senior Living LLP, to take this vertical forward,' Bohra said. Earlier this year, the company announced its foray into luxury senior living with the launch of 'Advait' in Gurugram. The project, a joint venture with the J K Organisation under Pioneer JK Senior Living LLP, marks the first IGBC platinum-certified project in Haryana to receive a license under the state's retirement policy, the company said. Haryana's state retirement policy, launched in 2024, has been developed in response to a growing trend of smaller family units and an ageing population. It is supposed to benefit those who live alone or in nuclear families. Each project must include a dining hall of at least 100 sqm, a medical room and a recreation room of 500 sqm. This should include space for a gym, indoor games and community activities. In addition, Pioneer Urban has been appointed as development manager and consultant by JK Urbanscapes for a separate residential project in Kanpur. The 50-acre land parcel will be developed in two phases, with the first phase comprising 21 acres. 'As development managers, we will provide end-to-end services, from conceptualising to delivering the project,' Bohra said. 'We signed the agreement in 2022 and recently received Change of Land Use (CLU) approval to convert the land from industrial to residential use. The first phase is expected to launch in January 2026. The remaining 29 acres will be developed once the 21 acre phase 1 is stabilised,' he said. PioneerUrban is developing a luxury senior living project named Advait in Sector 50, Nirvana Country, Gurugram. Spanning 2.6 acres, the project involves an investment of ₹300 crore and is expected to be ready for possession by early 2027. Located with direct access from Golf Course Extension Road (GCER), the project comprises four 18-storey towers with a total of 164 fully furnished 2BHK residences. The units are priced between ₹3.3 crore and ₹3.6 crore. While the project is open to all buyers, at least one resident must be a senior citizen aged 55 or above. Around 65% of the buyers are from Gurugram, many of whom are downsizing from larger homes into compact 2BHK units. The remaining buyers are primarily from South and West Delhi, particularly bungalow owners. Nearly 40–45% of the buyers are financially independent singles, both men and women, he said. Also Read: Here's why south Indian cities such as Bengaluru, Chennai and Hyderabad dominate demand for senior living housing The project is expected to offer concierge service, a 36,000 sq ft clubhouse, hobby rooms and open lounges at the ground level, specially designed gardens including spice and aromatic gardens, on-site restaurant and bar with a kitchen capable of preparing customised meals, with dine-in and in-room service options. Fully furnished guest suites for visiting family, are also expected to be available for a fee. The project has tied up with Fortis for 24/7 emergency support. Given concerns about pollution in Gurugram, the apartments are expected to be equipped with treated fresh air units, Bohra added.
Time of India
06-06-2025
- Automotive
- Time of India
JK Tyre targets 1 mn unit capacity expansion in FY26; bets on digitalisation for efficiency
JK Tyre is looking to ramp up its manufacturing capacity in the current fiscal while also focusing on digitalisation of its operations to improve overall efficiency, said a top official of the company. 'We are basically increasing by another million. So, we are increasing capacity in passenger tyres, as well as in trucks and light trucks,' Anil Kumar Makkar, group chief sustainability officer, JK Organisation and manufacturing director, JK Tyre & Industries, told ETAuto. The Delhi-headquartered company will expand its tyre manufacturing capacity from 29 million units to about 30.5 million units in FY26, aided by the ₹1,400 crore capital expenditure (Capex) earmarked for the fiscal. The overall expansion will be driven by an increase in the capacity of its existing plants in Banmore, Madhya Pradesh, and Uttarakhand, Makkar said. The Banmore facility's capacity will be expanded from 20,000 to 30,000 tyres daily in the fiscal year 2026, with the balance being driven by the Uttarakhand plant. The company will majorly focus on increasing the production of radial tyres, a segment that currently serves the passenger car, truck, and light truck sectors. Digital Drive Across JK Tyre's Plants In order to achieve operational efficiency, the company is betting big on automation, enabled by artificial intelligence (AI) and machine learning (ML). The adoption has helped it reduce complaint resolution time from 20 days to just 20 minutes. At the Chennai plant, the tyre major has implemented digital traceability with barcode tracking from raw materials to finished goods. With data-backed decisions, Makkar said the company has been able to achieve a 'significant enhancement in efficiency'. 'We use data scientists to analyse data and identify gaps where we can improve. This has helped us increase the company's capacity by over 14 per cent,' he added. The company's Chennai and Banmore plants are almost fully equipped with the latest technologies, while the Uttarakhand plant is currently transforming. On the other hand, the Mexico plant is being modernised with the latest machinery to manufacture larger rim sizes of 18 inches to 21 inches. It currently serves the US market. With the incorporation of AI and digitalisation in the company's plants, the tyre major also aims to upskill its current workforce. Sustainability Initiatives The tyremaker has also set ambitious sustainability targets, including becoming carbon neutral by 2050. Currently, renewable energy accounts for 57 per cent of standalone operations, and approximately 45 per cent of the company's overall operations include the Cavendish acquisition. 'We are targeting around 70 per cent renewable power and also looking at roughly 60 to 65 per cent biomass usage…which will probably require some investment to upgrade boilers and related infrastructure. That is all fully planned,' the executive said.
