The Aditya Birla Group has recently ventured into the rapidly expanding Rs 6.7 lakh crore Indian jewellery market with the launch of its in-house brand Indriya. The brand aims to secure a position among India’s top three jewellery retailers over the next 5 years with an investment of Rs 5,000 crore.
As per media reports around 20% of our group's revenue comes from consumer businesses. "I believe this will increase to over 25% over the next five years to reach about $25 billion of revenue from consumer businesses. This would be larger than most leading standalone consumer businesses in India," said Kumar Mangalam Birla, chairman, Aditya Birla Group.
The group wants to be a major player in India's Rs 80,000-crore decorative paints market, targeting a revenue of Rs 10,000 crore in the three years of its operations.
The ‘State Education Policy’ of West Bengal unveiled in 2023 highlights the need for private funding in education sector.According to the policy, only state government fund is not sufficient to implement the education policy and therefore, it is exploring the ways to promote private funding in the education sector.
The government recognises the necessity of building an ecosystem conducive for education and developing ever-evolving policies in tune with the changing times. It has initiated the ‘State Education Policy’ in 2023 to bring about expansion, excellence, equity, and employability,” said West Bengal Education Minister Bratya Basu at a Confederation of Indian Industries (CII), organised Education Symposium in Kolkata last year.