Welcome to the 18th edition of “INDEF BUZZ,” our newsletter! In this issue, we’re pleased to share a message from Mr. Kiran Prabhakar Matkar, our Head of Operations. With over 25 years of experience spanning across automotive, oil, gas and railways, Mr. Matkar brings invaluable insights to his leadership role.

He underscores our key initiatives, which encompass reducing material costs, optimizing overheads, and enhancing overall profitability. Notably, Mr. Matkar highlights our focus on standardizing cranes as a pivotal initiative. Through quality enhancements, cost efficiencies, and streamlined delivery processes, we aim to equip our sales team with a substantial advantage and, in turn, benefit our customers,” he added.

The “ABP Speaks” segment puts the spotlight on Mr. Satish Modi, the visionary behind Modi Lifting Tackles, Bangalore, whose forty-year saga epitomizes resilience, adaptability, and the importance of strategic partnerships. Mr. Modi attributes the company’s success to its broad product portfolio, unmatched in the industry, and praises us for our exceptional products, dependable staff, and formidable brand reputation.

As we continue to spotlight valued customers, let’s introduce Mr. C. Arunkumar, Mr. A. Kalidhasan – Project Manager, Mr. Vibhav Survase – Purchase Manager, and Mr. V. Srivatsan – Purchase Executive from Andritz’s Feed & Biofuel Division. They highlighted their decision to opt for our products due to their superior quality and affordability. They commended our customer service team for their professionalism, responsiveness, and meticulous documentation practices, reaffirming their positive experiences with Bajaj Indef. Additionally, they emphasized the outstanding performance of our products.

Under our “HHL Updates” segment, we bring to you the latest highlights of the organisation. Firstly, we spotlight our impactful Tobacco-Free Initiative event, which featured engaging activities and discussions aimed at raising awareness about the health risks associated with tobacco use. Next, we’re pleased to recap the festive joy of the Makar Sankranti Kite Flying Event, where colleagues gathered for pure enjoyment amidst laughter and soaring kites against a clear sky.

Additionally, we proudly announce the successful completion of the surveillance audit for our Electric Chain Hoist and Electrical Wire Rope Hoist, certified by Euro Veritas Certification & Inspection Ltd., validating the excellence and European standards compliance of our domestically developed products. Next, extensive Firefighting and Fire Extinguisher Training sessions were conducted across various locations, equipping our employees with essential skills to handle potential fire incidents and ensure facility safety. Lastly, Republic Day Celebrations at Bajaj Indef unfolded with employees adorned in tricolour hues, symbolizing pride and unity, further highlighting the diverse cultural fabric of the Bajaj Indef family.

In this edition, we present a comprehensive overview of the Indian industry landscape, unveiling key trends and recent achievements. Notable initiatives take centre stage, including the Telangana government’s monumental Memoranda of Understanding (MoUs) valued at 12,400 crores with the Adani group, unveiled during the World Economic Forum 2024 in Davos. Furthermore, the collaboration between Hyundai Motor India and the Indian Institute of Technology Madras (IIT-M) to establish a Hydrogen Valley Innovation Hub in Chennai marks a significant stride. Additionally, the appointment of Uday Sharma as Chief Commercial Officer at Gati Express and Supply Chain Pvt. Limited adds to the roster of noteworthy events. Updates from industry leaders like Boeing, Chemplast Sanmar, IndoSpace, and Kalyani Steels provide valuable insights into their recent ties and accomplishments.

In our “HHL Reads” segment, delve into the insightful book summary of “Don’t Trust Your Gut: Using Data Instead of Instinct to Make Better Choices.” Authored by data scientist Seth Stephens-Davidowitz, this book challenges traditional thinking with its data-driven approach. Lastly, don’t forget to check out our entertaining comic strip where Mr. Hercules assures a user about the safety standards maintained by Bajaj Indef’s hoists.

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