Latest news with #Moglix
Business Standard
15-07-2025
- Automotive
- Business Standard
Moglix Forays into the Energy Sector with DRG Industries 'Next-Gen Bitumen Facility
NewsVoir New Delhi [India], July 15: Moglix, one of Asia's largest B2B e-commerce and supply chain technology companies, has announced the inauguration of its greenfield bitumen processing facility under DRG Industries, the manufacturing arm of Moglix. Located in Kosi Kalan, Mathura, the facility is set to commence commercial production in July 2025. This marks a strategic step in Moglix's commitment to powering India's infrastructure transformation with future-ready, sustainable materials. India's vision of Viksit Bharat hinges on developing infrastructure that is not only expansive but also durable, safe, and sustainable. With the world's second-largest road network, the next frontier for India lies in enhancing road quality and longevity--while simultaneously addressing environmental impact and safety. Road safety remains a national priority. As the country targets a significant reduction in road-related incidents by 2030, materials that deliver long-term surface integrity and reduce deterioration risks are essential. Moglix's entry into bitumen manufacturing is anchored in this vision of building safer, smarter roads. Through DRG Industries, Moglix will produce a new generation of value-added, high-performance bitumen products--including polymer-modified bitumen, microsurfacing-grade emulsions, and hard binders. These solutions are engineered to extend road life, minimize maintenance cycles, and reduce total carbon footprint. One of the facility's key offerings--microsurfacing--is globally recognized for sealing surface cracks, improving road friction, and increasing durability. When compared to traditional resurfacing, microsurfacing can double pavement life while reducing carbon emissions by up to 44%. To further localize innovation, Moglix is investing in indigenous R & D to develop bitumen solutions tailored to India's diverse terrain, traffic patterns, and climate zones. Rahul Garg, Founder & CEO, Moglix, said, "Our roads are the veins of Viksit Bharat. Building them stronger and smarter requires materials that are not only durable but sustainable. DRG Industries is our commitment to building roads that last longer, perform better, and serve more--with responsibility at the core." Spread across 3.5 acres, the DRG Industries facility integrates advanced Denimotech mills, fully automated processing lines, and a dedicated in-house R & D center. With an installed monthly processing capacity of over 28,000 MT, the facility positions Moglix as a key player in India's evolving bitumen ecosystem. The facility uses biomass-fueled, carbon-neutral high-efficiency boilers equipped with scrubber systems and filter bags, making the heating process significantly more sustainable and aligned with Moglix's ESG roadmap. Strategically located to serve northern and central India, the plant will support infrastructure projects across Uttar Pradesh, NCR, Bihar, Rajasthan, Punjab, Haryana, Himachal Pradesh, Uttarakhand, Jammu & Kashmir, and also cater to export markets such as Nepal. In addition to bolstering India's infrastructure ambitions, the facility is expected to generate local employment and strengthen the regional SME ecosystem through vendor and contractor partnerships. As a greenfield project, DRG Industries exemplifies Moglix's capability to design, develop, and operationalize industrial infrastructure that is scalable, sustainable, and aligned with national priorities. The company plans to expand its bitumen manufacturing footprint across India. Moglix is one of Asia's leading B2B commerce companies, transforming how manufacturing and infrastructure businesses manage procurement and supply chain operations. With a digital-first approach, Moglix provides integrated solutions across sourcing, financing, logistics, and technology to enable greater efficiency and cost optimization. Founded in 2015, Moglix serves over 1,000 large enterprises and 3,000+ factories across sectors such as automotive, energy, metals, chemicals, and infrastructure. The company has built a strong ecosystem of suppliers and logistics partners, streamlining procurement across 50+ industrial categories.
Fashion Value Chain
15-07-2025
- Automotive
- Fashion Value Chain
Moglix Forays into the Energy Sector with DRG Industries ‘Next-Gen Bitumen Facility
Moglix, one of Asia's largest B2B e-commerce and supply chain technology companies, has announced the inauguration of its greenfield bitumen processing facility under DRG Industries, the manufacturing arm of Moglix. Located in Kosi Kalan, Mathura, the facility is set to commence commercial production in July 2025. This marks a strategic step in Moglix's commitment to powering India's infrastructure transformation with future-ready, sustainable materials. Rahul Garg, CEO & Founder, Moglix at the DRG Bitumen Plant India's vision of Viksit Bharat hinges on developing infrastructure that is not only expansive but also durable, safe, and sustainable. With the world's second-largest road network, the next frontier for India lies in enhancing road quality and longevity-while simultaneously addressing environmental impact and safety. Road safety remains a national priority. As the country targets a significant reduction in road-related incidents by 2030, materials that deliver long-term surface integrity and reduce deterioration risks are essential. Moglix's entry into bitumen manufacturing is anchored in this vision of building safer, smarter roads. Through DRG Industries, Moglix will produce a new generation of value-added, high-performance bitumen products-including polymer-modified bitumen, microsurfacing-grade emulsions, and hard binders. These solutions are engineered to extend road life, minimize maintenance cycles, and reduce total carbon footprint. One of the facility's key offerings-microsurfacing-is globally recognized for sealing surface cracks, improving road friction, and increasing durability. When compared to traditional resurfacing, microsurfacing can double pavement life while reducing carbon emissions by up to 44%. To further localize innovation, Moglix is investing in indigenous R&D to develop bitumen solutions tailored to India's diverse terrain, traffic patterns, and climate zones. Rahul Garg, Founder & CEO, Moglix, said, 'Our roads are the veins of Viksit Bharat. Building them stronger and smarter requires materials that are not only durable but sustainable. DRG Industries is our commitment to building roads that last longer, perform better, and serve more-with responsibility at the core.' Spread across 3.5 acres, the DRG Industries facility integrates advanced Denimotech mills, fully automated processing lines, and a dedicated in-house R&D center. With an installed monthly processing capacity of over 28,000 MT, the facility positions Moglix as a key player in India's evolving bitumen ecosystem. The facility uses biomass-fueled, carbon-neutral high-efficiency boilers equipped with scrubber systems and filter bags, making the heating process significantly more sustainable and aligned with Moglix's ESG roadmap. Strategically located to serve northern and central India, the plant will support infrastructure projects across Uttar Pradesh, NCR, Bihar, Rajasthan, Punjab, Haryana, Himachal Pradesh, Uttarakhand, Jammu & Kashmir, and also cater to export markets such as Nepal. In addition to bolstering India's infrastructure ambitions, the facility is expected to generate local employment and strengthen the regional SME ecosystem through vendor and contractor partnerships. As a greenfield project, DRG Industries exemplifies Moglix's capability to design, develop, and operationalize industrial infrastructure that is scalable, sustainable, and aligned with national priorities. The company plans to expand its bitumen manufacturing footprint across India. About Moglix Moglix is one of Asia's leading B2B commerce companies, transforming how manufacturing and infrastructure businesses manage procurement and supply chain operations. With a digital-first approach, Moglix provides integrated solutions across sourcing, financing, logistics, and technology to enable greater efficiency and cost optimization. Founded in 2015, Moglix serves over 1,000 large enterprises and 3,000+ factories across sectors such as automotive, energy, metals, chemicals, and infrastructure. The company has built a strong ecosystem of suppliers and logistics partners, streamlining procurement across 50+ industrial categories.
The Wire
15-07-2025
- Automotive
- The Wire
Moglix Forays into the Energy Sector with DRG Industries 'Next-Gen Bitumen Facility
With cutting-edge automation, sustainable heating, and 28,000 MT capacity, the facility in Kosi Kalan expands Moglix's manufacturing footprint Delhi, India (NewsVoir) Moglix, one of Asia's largest B2B e-commerce and supply chain technology companies, has announced the inauguration of its greenfield bitumen processing facility under DRG Industries, the manufacturing arm of Moglix. Located in Kosi Kalan, Mathura, the facility is set to commence commercial production in July 2025. This marks a strategic step in Moglix's commitment to powering India's infrastructure transformation with future-ready, sustainable materials. India's vision of Viksit Bharat hinges on developing infrastructure that is not only expansive but also durable, safe, and sustainable. With the world's second-largest road network, the next frontier for India lies in enhancing road quality and longevity—while simultaneously addressing environmental impact and safety. Road safety remains a national priority. As the country targets a significant reduction in road-related incidents by 2030, materials that deliver long-term surface integrity and reduce deterioration risks are essential. Moglix's entry into bitumen manufacturing is anchored in this vision of building safer, smarter roads. Through DRG Industries, Moglix will produce a new generation of value-added, high-performance bitumen products—including polymer-modified bitumen, microsurfacing-grade emulsions, and hard binders. These solutions are engineered to extend road life, minimize maintenance cycles, and reduce total carbon footprint. One of the facility's key offerings—microsurfacing—is globally recognized for sealing surface cracks, improving road friction, and increasing durability. When compared to traditional resurfacing, microsurfacing can double pavement life while reducing carbon emissions by up to 44%. To further localize innovation, Moglix is investing in indigenous R&D to develop bitumen solutions tailored to India's diverse terrain, traffic patterns, and climate zones. Rahul Garg, Founder & CEO, Moglix, said, "Our roads are the veins of Viksit Bharat. Building them stronger and smarter requires materials that are not only durable but sustainable. DRG Industries is our commitment to building roads that last longer, perform better, and serve more—with responsibility at the core." Spread across 3.5 acres, the DRG Industries facility integrates advanced Denimotech mills, fully automated processing lines, and a dedicated in-house R&D center. With an installed monthly processing capacity of over 28,000 MT, the facility positions Moglix as a key player in India's evolving bitumen ecosystem. The facility uses biomass-fueled, carbon-neutral high-efficiency boilers equipped with scrubber systems and filter bags, making the heating process significantly more sustainable and aligned with Moglix's ESG roadmap. Strategically located to serve northern and central India, the plant will support infrastructure projects across Uttar Pradesh, NCR, Bihar, Rajasthan, Punjab, Haryana, Himachal Pradesh, Uttarakhand, Jammu & Kashmir, and also cater to export markets such as Nepal. In addition to bolstering India's infrastructure ambitions, the facility is expected to generate local employment and strengthen the regional SME ecosystem through vendor and contractor partnerships. As a greenfield project, DRG Industries exemplifies Moglix's capability to design, develop, and operationalize industrial infrastructure that is scalable, sustainable, and aligned with national priorities. The company plans to expand its bitumen manufacturing footprint across India. About Moglix Moglix is one of Asia's leading B2B commerce companies, transforming how manufacturing and infrastructure businesses manage procurement and supply chain operations. With a digital-first approach, Moglix provides integrated solutions across sourcing, financing, logistics, and technology to enable greater efficiency and cost optimization. Founded in 2015, Moglix serves over 1,000 large enterprises and 3,000 factories across sectors such as automotive, energy, metals, chemicals, and infrastructure. The company has built a strong ecosystem of suppliers and logistics partners, streamlining procurement across 50 industrial categories. (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.).
Time of India
15-07-2025
- Automotive
- Time of India
Moglix urges policy support for advanced bitumen use, lines up ₹600 crore for expansion
New Delhi: Moglix , a leading B2B e-commerce and supply chain technology firm, has recommended policy-level interventions to mandate the use of polymer-modified bitumen and micro-surfacing in road construction projects, while earmarking ₹600 crore for acquisitions in India. 'Our roads are the veins of Viksit Bharat. Building them stronger and smarter requires materials that are not only durable but sustainable,' Rahul Garg, Founder & CEO of Moglix, said in an interaction with ET Energyworld. Garg said the National Highways Authority of India (NHAI) should issue guidelines mandating advanced bitumen-based solutions. 'Polymer-modified bitumen improves durability, and micro-surfacing enhances road quality and energy efficiency,' he said. The company recently operationalised a greenfield bitumen manufacturing facility under DRG Industries at Kosi Kalan in Mathura. Built from scratch, the facility has an installed monthly capacity of 15,000 metric tonnes of polymer-modified bitumen products. The plant uses a mix of traditional fuels and bio-briquettes for heating. 'We've invested several tens of crores in this facility,' Garg said. The facility supplies North and Central India and uses trucks as the primary mode of transportation. While the core product is derived from crude oil, biofuels are used to power processing operations. 'Biofuels like biobriquettes are used only to generate heat for processing bitumen,' Garg said. Capital allocation and acquisition strategy On capital planning, Garg said the company has allocated ₹600 crore for greenfield and strategic acquisitions. 'This aligns with a broader investment plan we initiated about a year ago,' he said. Moglix is not currently planning any international expansion or setting up manufacturing facilities outside India. 'We'll run this plant for 6–12 months, gather learnings, and then decide. No immediate expansion plans,' Garg said. IPO preparation and regulatory roadmap Responding to questions on IPO, Garg said structural steps are still pending. 'Yes, but there are structural steps to complete first. We're incorporated in Singapore, which means we can't directly list in India,' he said. He added that the company operates with listed-company level governance. 'We're ready operationally, but regulatory processes take time. We're in no rush.' Garg said IPO readiness would depend on investor alignment and not capital constraints. 'It's more about aligning investor timelines—when to allow public participation and provide exits for private investors,' he said. Supply chain, AI applications, and future outlook On supply chain strategy, Garg said bitumen imports are largely from the Middle East and are not impacted by tariffs from the US or other regions. 'Most of our imports come from the Middle East, and tariff-related challenges there are minimal,' he said. Garg also said AI deployment is being explored in areas like predictive maintenance and quality control. 'Our R&D head is actively exploring such possibilities,' he said. Garg ruled out current plans in renewables and Southeast Asia expansion. 'We're still a young company—only 18 months into manufacturing,' he said.
Time of India
14-07-2025
- Automotive
- Time of India
Moglix inaugurates bitumen facility with DRG Industries
DELHI: Moglix , an B2B e-commerce and supply chain technology companies, has announced the inauguration of its greenfield bitumen processing facility under DRG Industries , the manufacturing arm of Moglix. Located in Kosi Kalan, Mathura, the facility is set to commence commercial production in July 2025. India's vision of Viksit Bharat hinges on developing infrastructure that is not only expansive but also durable, safe, and sustainable. With the world's second-largest road network, the next frontier for India lies in enhancing road quality and longevity—while simultaneously addressing environmental impact and safety. Road safety remains a national priority. As the country targets a significant reduction in road-related incidents by 2030, materials that deliver long-term surface integrity and reduce deterioration risks are essential. Moglix's entry into bitumen manufacturing is anchored in this vision of building safer, smarter roads. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Most Beautiful Women in the World Undo Through DRG Industries, Moglix aims to produce a new generation of value-added, high-performance bitumen products—including polymer-modified bitumen, microsurfacing-grade emulsions, and hard binders. These solutions are engineered to extend road life, minimise maintenance cycles, and reduce total carbon footprint. One of the facility's key offerings—microsurfacing—is globally recognised for sealing surface cracks, improving road friction, and increasing durability. When compared to traditional resurfacing, microsurfacing can double pavement life while reducing carbon emissions by up to 44%. Live Events To further localise innovation, Moglix is investing in indigenous R&D to develop bitumen solutions tailored to India's diverse terrain, traffic patterns, and climate zones. Rahul Garg , Founder & CEO, Moglix, said in a statement, "Our roads are the veins of Viksit Bharat. Building them stronger and smarter requires materials that are not only durable but sustainable. DRG Industries is our commitment to building roads that last longer, perform better, and serve more—with responsibility at the core." Spread across 3.5 acres, the DRG Industries facility integrates advanced Denimotech mills, fully automated processing lines, and a dedicated in-house R&D center. It has an installed monthly processing capacity of over 28,000 MT. The facility uses biomass-fueled, carbon-neutral high-efficiency boilers equipped with scrubber systems and filter bags, making the heating process significantly more sustainable and aligned with Moglix's ESG roadmap. Located to serve northern and central India, the plant will support infrastructure projects across Uttar Pradesh, NCR, Bihar, Rajasthan, Punjab, Haryana, Himachal Pradesh, Uttarakhand, Jammu & Kashmir, and also cater to export markets such as Nepal.
