MAM
From One Independent Business To Another. 1702 spearheaded the cause of Vocal for Local this Diwali
Mumbai: 1702 Digital, one of the fastest growing independent agencies in India, distributed vouchers of approximate value equal to 5L to its clients, team members, ex employees and vendor partners this Diwali.
While so many small businesses went down under this Covid, 1702 endeavoured to contribute their drop in the ocean by urging people to buy from their local independent business through the vouchers they gifted to all.
When compared to network businesses, they also aimed to reinforce the belief that local, independent businesses in India display the caliber and drive for global success.
Over and above the vouchers, in times of work from home where employees are working from all over the country, 1702 went the extra mile by making sure they chose to treat all employees to Mithais from their local sweet shops around them. This was done to give some boost to the local shops across tiers.
Further, airdopes and earphones from homegrown brands were sent to key members in the team to aid with their work from home exercise.
This was followed by a Diwali Tambola event for their teammates, where the winners received Flipkart vouchers so they could order online from local brands. The agency made sure each voucher was accompanied with a plea directing them to make purchases from homegrown brands, available on the platform.
Being an independent business themself, the highly intrapreneurial team at 1702 Digital saw this campaign as a move of solidarity with another independent business.
Speaking about this endeavour, Aanchal Arora, the Managing Director of 1702 Digital said, “As a marketing agency we understand that promotion helps in amplifying the message and creates a bigger impact compared to simply buying from them as an individual. We stand in solidarity for the quality provided by independent businesses over those rooted outside India”
MAM
Karnataka clears Rs 4,824 crore investment projects across 13 districts
37 new industries approved, projects expected to create 14,525 jobs.
MUMBAI: If investment is the fuel of economic growth, Karnataka has just stepped on the accelerator. The Government of Karnataka has approved industrial projects worth Rs 4,824.31 crore, a move expected to generate 14,525 new employment opportunities across the state, according to a report by Press Trust of India. The approvals were granted during the 158th meeting of the Karnataka State Level Single Window Approval Committee, chaired by state industries authorities.
Karnataka industries minister M B Patil said the committee cleared 37 new industrial proposals and two additional investment projects spread across 13 districts, including Vijayapura, Bagalkote, Chitradurga, Kolar and Ramanagara.
The projects span a wide range of sectors such as information technology infrastructure, sugar manufacturing, technical textiles, compressed biogas, aerospace, jewellery manufacturing, electronics, software services and hospitality, including five star hotel development.
Patil said the diverse mix of industries reflects Karnataka’s strategy of attracting investments across both traditional manufacturing sectors and emerging technology driven industries.
Of the total proposals cleared, 22 projects fall under the large and medium industry category, each involving investments of more than Rs 50 crore.
Together, these projects account for Rs 3,908.68 crore in investment and are expected to create approximately 12,475 jobs.
Another 15 projects are classified as new industrial ventures with investments ranging between Rs 15 crore and Rs 50 crore. These projects collectively represent Rs 350.60 crore in investment and are expected to generate around 1,750 jobs.
In addition, the committee approved two further projects worth Rs 565.03 crore, which are expected to create about 300 employment opportunities.
Among the notable proposals cleared by the committee is a major information technology infrastructure development project by Bagmane Constructions Private Limited with an investment of Rs 494.65 crore.
Another significant project involves Karnataka Bangaru Sugars Pvt Ltd, which received approval to establish a sugar manufacturing facility worth Rs 443.50 crore.
In the textiles sector, Kleine Pax Ltd secured approval to set up a technical textiles manufacturing unit involving an investment of Rs 376 crore.
The hospitality sector also saw a major proposal, with Trishul Buildtech and Infrastructure Pvt Ltd receiving approval to develop a five star hotel project worth Rs 300 crore.
Meanwhile, the state also cleared a compressed biogas production facility by Troult Grass Pvt Ltd involving an investment of Rs 257.77 crore in Mudhol.
In the electric mobility segment, Tsuyo Manufacturing Pvt Ltd has been approved to set up a motor and controller manufacturing facility for electric vehicles, with an investment of Rs 250 crore.
Officials said the distribution of projects across multiple districts is expected to strengthen regional industrial development and expand employment opportunities beyond the state’s established technology hubs.
With the approvals spanning sectors from traditional manufacturing to next generation technologies, Karnataka aims to reinforce its position as one of India’s leading investment destinations while supporting job creation across diverse industries.
