SPIRIT OF MUMBAI

Mumbai, India’s logistics sector employment saw strong hiring activity in 2025, with reports of 10.8% net employment growth in the second half of the year, indicating that many roles are indeed being filled as the industry expands. “The sector will need 47 Lakh additional logistics workers by 2030 due to growth in freight, warehousing, transportation, and supply chain functions. To address this urgent and growing demand, we need major skilling reforms and digital workforce creation” *, said Ravikanth Yamarthy, CEO, Logistics Sector Skill Council, addressing industry leaders at LogiMAT India 2026 today.*  Logistics Sector Skill Council has also partnered with LogiMAT India to Bridge the Talent Gap and Position India as the World’s Talent Capital in the promising logistics sector The highly anticipated third edition of LogiMAT India 2026, the world's largest logistics, freight and transportation show, kicked off today with a gala ceremony at Bombay Exhibition Centre, Mumbai. This yea...

  We are proud to host this delegation as it comes at an opportune time. Our economic and trade partnership through such delegations after the India-US deal will lead to meaningful gains for MSMEs, startups and exporters integrating us into resilient supply chains complementing with our goal of Viksit Bharat by 2047:  Dr. Vijay Kalantri, Chairman, World Trade Center Mumbai and President, All India Association of Industries In the picture(L to R): Ms. Priya Pansare, Director, Trade and Investment Promotion, World Trade Center Mumbai; Hon. Angela Birney, Mayor, City of Redmond, Washington; Mr. Dave Somers, County Executive, Snohomish County; Dr. Vijay Kalantri, Chairman, World Trade Center Mumbai and President, All India Association of Industries ; Mr. Sam Cho, Commissioner, Port of Seattle  Mumbai, 5th February 2026: Just days after India-US relations broke the ice by announcing a trade deal, World Trade Center Mumbai, in association with the All-India Association of Indus...

( L-R) Mr. Sanjay Sharma, Managing Director, and  Mr. Sovan Satyaprakash, Chief Financial Officer at Aye Finance Limited IPO Press Conference Price band of Rs 122 – Rs 129 per Equity Share bearing face value of Rs 2 each (“Equity Shares”) Bid/Offer Opening Date – Monday, February 9, 2026, and Bid/Offer Closing Date – Wednesday, February 11, 2026. Minimum Bid Lot is 116 Equity Shares and in multiples of 116 Equity Shares thereafter   Mumbai, February 4, 2026:  Aye Finance Ltd has fixed the price band of  Rs 122/-  to  Rs 129/-  per Equity Share of face value ₹ 2/- each for its maiden initial public offer. The Initial Public Offering (“ IPO ” or  “Issue” ) of the Company will open on  Monday, February 9, 2026 , for subscription and close on  Wednesday, February 11, 2026 . Investors can bid for a minimum of 116   Equity Shares and in multiples of 116 Equity Shares thereafter. Equity shares o...

Hyderabad-based Marri Retail Limited has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The IPO, with a face value of ₹2, is a mix of fresh issue of shares aggregating  up to Rs 522 crore and offer-for-sale of 27,000,000 equity shares by promoter - Marri Venkat Reddy. The proceeds from its fresh issuance worth Rs 115.6 crore will be utilised for repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the company, Rs 250.5 crore for capital expenditure to be incurred towards opening of 10 new apparel stores, one new apparel store with jewellery SIS (Integrated Retail Store) and two new standalone jewellery stores (the Jewellery Stores), Rs 35.8 crore expenditure for lease/sub lease rent payments for certain of the company's existing stores and warehouse, and general corporate purposes. The company, in consultation with the book-runni...

Mumbai, 2nd February 2026: World Trade Centre Mumbai and All India Association of Industries welcome the announcement of the conclusion of the long-awaited India–US trade deal, describing it as a significant milestone that strengthens one of the most consequential economic partnerships of the 21st century. The agreement reflects a shared commitment and efforts made by Hon. PM Narendra Modi and US President Donald Trump to deepen trade, investment, and supply-chain cooperation amid evolving global economic dynamics. The surprise announcement of the thaw in trade relationship came late in the evening with US President Donald Trump tweeting about the conclusion of the deal which reduced the reciprocal tariff rate to 18% and removed the 25% of tariff owing to Russian Crude Oil purchases.  Commenting on the development, Dr. Vijay Kalantri, Chairman, World Trade Centre Mumbai and President, All India Association of Industries, stated, “The announcement of the India–US trade deal is a tim...

The summit will pave the way for the state government to highlight its policy initiatives and the potential for sectoral growth to the world   Mumbai, February 3, 2026:  The Government of Maharashtra has announced its partnership with the Global Business Summit 2026 as a key state partner. The summit will offer a platform to highlight Maharashtra’s robust policy framework, strategic initiatives, and investor-friendly ecosystem to global business leaders, policymakers, and institutional investors.   Maharashtra is India’s largest state economy, contributing over 13.6% to the country’s GDP. With a long-term vision of becoming a trillion-dollar economy by 2029-2030, the state is focusing on enhancing competitiveness, generating employment, and promoting balanced regional development. To further support this vision, the government has recently approved the Maharashtra Industries, Investment and Services Policy 2025 and the Maharashtra Global Capability Centre (GCC) Policy 202...