Roots in history, eyes on the future modigroup.net Marching - - PDF document

V K Modi Group

— Roots in history, eyes on the future

modigroup.net

Modi Enterprises began as a small family run business started by a simple, kind hearted man Ram Baksh Modi. The reigns of this business fell into the hands of Mr. Chiranji Lal Modi, after the death of Ram Baksh Modi in 1857. Under his able leadership the family soon started to arrange for supplies for the British cantonment from Kanpur to

• Peshawar. He started his

career as a commission agent

• f food grains in Patiala and

in 1894 he bought the very mill that he regularly supplied wheat too.

• Mr. Chiranji Lal Modi was not
• nly selected as the honorary

magistrate but also the City Father of Patiala. On August 09, 1902 he was blessed with his fjrst son Gujar Mal Modi in Kanaur. In 1920, at the age of 18, Gujar Mal Modi left school, continuing his education through private coaching. He became actively involved in the family business, learning from practical experience. From 1920 up till his demise in 1975 he revolutionized the Indian economy and industrial space.

The Evolution

Any step towards industrial development should be preceded by a step towards the worker’s welfare”

Marching ahead with revenues of

• Rs. 2000 crores and a

team of 1600 members

01.

Glass India’s fjrst & leading float glass manufacturer

02.

Rubber One of the largest tyre manufacturers with a production capacity of 1.2 million

03.

Travel A network of more than 750 locations across 6 continents generating sales of $5+ Billion

04.

Franchising Unique franchising interests in the travel, education & grooming space

05.

Education 250+ schools worldwide including 102 schools across India, Sri Lanka, Bangladesh & Nepal

06.

Advertising Award winning advertising agency with a track record of over 25 years

THE PEOPLE BEHIND THE NAME

01

Conferred the Padma Bhushan

05

Recognised for his contributions towards India’s industrial growth

02

Established the Modi Group of companies

03

Established the industrial city of Modinagar in 1933

04

Held key positions and memberships Gujar Mal Modi was a renowned industrialist and philan- thropist, who co-established the Modi Group of companies and the industrial city of Modinagar in 1933, along with his brother Kedar Nath Modi. Gujar Mal Modi was a natural when it came to enterprise, voluntarily taking the lead in business initiatives and working tirelessly towards realis- ing them. A sugar mill in Modinagar marked the beginning

• f the Modi Group conglomerate, which later diversifjed

into varied fjelds. Gujar Mal Modi established schools and colleges at his birthplace, Mahendragarh, in Patiala and in

• Modinagar. He also contributed a lot in the fjeld of higher

education by giving grants to established institutions such as Banaras Hindu University, and different colleges in Meerut and other places. Gujar Mal Modi’s long innings was marked with far too many achievements, awards and honours. Besides, he held key positions and memberships in a number of prestigious organisations. The year 1968 proved to be the most momentous though. Not only had he been elevated

Seth Gujar Mal Modi

Founder

to the post of president of FICCI that year, the Union Government, in recognition of his contributions towards India’s industrial growth and public welfare, decided to confer the Padma Bhushan on him. His spirit, vision, foresight and drive were hailed as reasons for the transformation of Begumabad into an industrial township that boasted scores of factories, schools, colleges, medical facilities, residential quarters and places of worship. In addition, his efforts towards rehabilitation of displaced persons (during the Partition) at the nearby Govind Puri Colony were lauded.

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Company Profjle || modigroup.net V K Modi Group II Company Profjle V K Modi Group

1933

Birth of Modinagar

He discoverd a sleepy village called Begumabad, 50km from Delhi and set up a sugar mill on 100 bighas (62 acres) of land with machinery from England. This was the birth of Modinagar. He established cooperative societies that set up basic infrastructure, roads, water supply & medical facilities to meet the needs of society. Shri Modi also set up Modi Industries in different spheres such as washing soaps, toilet soaps, biscuits, confectionary

• il, textiles and other essentials.

1939

An Indian Industrialist emerges

India became independent and a republic. In the following years, Shri Modi’s industrial zeal and vigour was doubled. Shri Modi’s first endeavor to commemorate freedom was to set up a textile mill. The mill till date is considered to be the largest running mill in the country.

Shri Modi supporting Pandit Nehru in the abolition of Zamindari.

1947

Independence and beyond

Shri Modi established a new colony called Govindpur, for the refugees from Pakistan in Modinagar in an effort to help them in rehabilitation and set up cottage industries for their benefit. He established a lantern factory to bring light to the villages

• f India and help children study.

1949

Rehabilitaton

The title of ‘Rai Bahadur’ was

• conferred. The citation recognized

his valuable contribution to society, commerce and industry. He also constructed several schools, colleges for women across UP, a women’s hospital, a Sanskrit school at Haridwar, workers quarters and a dispensary.

Aerial view of Modinagar.

1942

The nation-builder

1951

Shri Modi along with the Tatas and the Birlas, lobbied against the socialist leanings and unfair taxes that were levied. He also set up an oxygen gas plant, a tubewell company, an arc electrodes factory, a cotton delinating factory at Modinagar and a flour mill in Delhi.

Doyen of industry

Seth Gujar Mal Modi

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Company Profjle || modigroup.net V K Modi Group II Company Profjle V K Modi Group

1976

A lasting legacy

On 22nd January 1976, Shri Modi left us. As per his wishes, the Laxmi Narayan temple in Modinagar became his final resting place. His funeral was attended by

• ver 1 lakh people. It was a remarkable

show of the love he commanded among common people. Shri Modi was survived by his wife, Smt. Dayawati Modi and 11 children (five sons and 6 daughters). Later, in 1994 the temple also became the final resting place of his beloved wife. Shri Modi was not just a visionary, but also a pioneer in reforms that brought imperative social change. He played a vital role in the abolishment of sati, the encouragemt of widow remarriage and the reformation of dowry system.

Shri Modi with Smt. Indira Gandhi at the FICCI annual function.

1960

A guiding light

Shri Modi held many important posts during his period. Apart from being the President of the Federation of Indian Chambers of Commerce and Industry (FICCI), he was also the President of National Productivity Council. Modipon was set up in collaboration with an American company, Rohm & Hass, long before alliances became a corporate buzzword. It thus established a wave of global collaborations in the years to come and became the hallmark of alliances for the corporate fraternity in India.

Modipon inaugurated by

• Dr. F.C. Hass

1967

The first joint venture

The prestigious Padma Bhushan was conferred on Shri Modi on 16th April, 1968 by the President of India,

• Dr. Zakir Hussain. The citation

recognized his moving spirit in the fields of industry, social service, education & his singular contribution to the development of an integrated industrial township.

The Padma Bhushan citation

1968

Honoured by the Government

• f India

In Modipuram, another model township founded by Shri Modi near Meerut, was set up. It was an automobile tyre and tube factory (inaugurated by Shri Fakhruddin Ali Ahmed, the then President of India), in technical collaboration with Continental Gummi Werke A.G. Hannover, West Germany.

With the PM Lal Bahadur Shastri, contributing to the defence fund.

1975

Birth of Modipuram

Shri Modi offered round-the-year employment to the harijan workers at his factories and released them from bondage. A pious man, he believed all religions were one and supported holy men from all religions in renovating ruined places of worship. His dying wish was to build a world class hospital which offered the best medical care in India. It was out of that vision, that

• n his death anniversary 22 January 2013,

the Saket City Hospital was established.

In conversation with

• Shri. Morarji Desai.

Seth Gujar Mal Modi

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Company Profjle || modigroup.net V K Modi Group II Company Profjle V K Modi Group

• 1. Chairman of ATMA
• 2. Vice Chairman of CAEPC, Kolkata.

President of All India Rubber Industries Association

• 3. Member of Jaipuria Institute of

Management & Technology, IMT, Ghaziabad (UP)

• 4. Senate of IIT, Roorkee.
• 5. Chairman of M/s Modi Rubber Limited,

GGL

• 6. Director of Modi Tyres Company, MAN

Diesel & Turbo India Ltd.

• 7. Director of Modi Industries Ltd., RB

Multanimal & Sons Pvt. Ltd.

• 8. Recipient of Madhav Award from

Scindia School, Gwalior.

Have a big vision, take small steps to get there"

After fjnishing his intermediate from Scindia School Gwalior in 1960, he

• btained a Bachelor of Technology Degree

from IIT, Kanpur, in the fjeld of Chemical Engineering in 1965. Thereafter, he was inducted in the family business and was given the responsibility for managing Modi Steels. He was instrumental in setting up an automotive tyre factory in 1974 at Modipuram in

Vinay Kumar Modi

Chairman

technical collaboration with Continental AG Germany. Within a short span of time ‘Modi Continental Tyre’ became a brand leader in the truck tyre category. In 1986, he set up the country’s fjrst One Million Tons/PA capacity cement plant in Madhya Pradesh in collaboration with Blue Circle

• f UK. Thereafter, in 1990 he set up a large capacity diesel

engine manufacturing company in collaboration with Mirrlees Blackstone of UK at Aurangabad, which has now merged with MAN Diesel & Turbo of Germany. His accomplishments have been recognized by Central as well as State Governments. He is a member of Governing Body of the SIOS. This is evident from the fact that he was nominated by the Government to serve as a member of various committees. He created a landmark in the history of Corporate India by rehabilitating MRL in 2008, which was closed in 2001 and declared sick in 2004.

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Company Profjle || modigroup.net V K Modi Group II Company Profjle V K Modi Group

01

At the helm

• f all new

businesses

02

Dynamism and perspective on new business

03

Expanding into sunrise and blue

• cean business

arenas

04

Expertise in conceptualising, strategising and setting up

05

Vital role in rehabilitation

• f Modi Rubber

Limited in 2007

06

Rebuilding the supply chain

• 1. Managing Director of Modi Rubber

Limited

• 2. Jt. Managing Director of Gujarat Guardian

Limited

• 3. Regional Owner of UNIGLOBE Travel

South Asia

• 4. Member of All India Float Glass

Manufacturers Association (AIFGMA) and Confederation of Constructions Product and Services (CCPS)

• 5. Trustee in Gujarmal Modi Charitable Trust

and Mahalaxmi Charitable Trust.

You can’t just dream big

• you’ve got to

think big, and then plan big.” Contrary to the

• pinion of many

people, leaders are not born. Leaders are made, and they are made by effort and hard work.”

Alok K Modi, son of Mr. V.K. Modi and grandson of Late Rai Bahadur Gujaral Mal Modi, is an Engineer (Industrial Production), is known for his forward- looking approach to business, and has successfully undertaken many innovative new ventures. It is this dynamism and perspective on the businesses of the future that led Alok Modi to launch UNIGLOBE Travel South Asia, Maple Bear, Egoza, Asahi Modi Materials, Creative IQ and Magnify. The aspect of his personality to assimilate and encourage new thinking, Alok K Modi’s incisive vision and sharp business acumen are constantly tapped to create impetus for expanding into sunrise and blue ocean business arenas. At the helm of all new businesses, he plays a vital role in the Group with his expertise in conceptualizing, strategizing and setting up new ventures. Alok Modi had played a vital role in rehabilitation of Modi Rubber Limited in 2007. He had not only built up the team of professionals but also encouraged them to rebuild the plant which was closed for the last 7-8 years by refurbishing, repairing and modernizing the cross ply tyre manufacturing plant at Modipuram, U.P. He also played an important role in organizing funds from banks and rebuilding the entire supply chain of suppliers, vendors, dealers, C&F agents etc.

Alok Kumar Modi

Managing Director

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Company Profjle || modigroup.net V K Modi Group II Company Profjle V K Modi Group

Over 25 years of experience in the travel indutry

With over 25 years of experience in the travel industry, Ritika possesses an in-depth understanding of the travel agency and airline landscape in India. She has hands-on knowledge of agency operations, fjnance, sales and marketing. Having worked with British Airways and KLM, Ritika started her

• wn corporate travel agency, MOD Travel in

the early nineties. In 2000, Mrs. Modi started the “The Geographical Company” – an outbound tours division under an Israeli joint venture. Later in 2002, she launched UNIGLOBE Travel in India. In her current role as Regional President, UNIGLOBE Travel South Asia, Ritika heads the largest single brand travel franchise network in the South Asia region. She leads a team of industry specialists and is responsible for strategic network development and provides a comprehensive business- building system to ensure UNIGLOBE Travel agencies remain competitive and successful. In her leadership, UNIGLOBE, in India, has grown to a size of 60 full service, travel management locations with an annualized turnover of over INR 3500 Crores. In November 2004, Mrs. Modi launched the inbound tours division which operates under the brand name of ‘Unlimited India – The Tour Company’. Ritika, a well-known fjgure in the travel industry and also supports a number of social causes leading a variety of projects involving child education and environment

• protection. Her latest philanthropic venture

being Magnify, an NGO setup to magnify the power of education provided to children affected by economic or social factors, by training teachers with international standards for holistic development of children. Other initiatives include, a non-profjt organization focused on counseling women and supporting them to pursue a career in travel.

• ver INR 3500 crores

Ritika Modi

Regional President

I try in everything I do, both in business and philanthropy, to make a positive change and do that by doing good”

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Company Profjle || modigroup.net V K Modi Group II Company Profjle V K Modi Group

THE LEGACY

Modi Rubber Limited

Production capacity of

1,200,000

tyres and tubes

Modi Rubber Limited is an India based company engaged in the production of rubber products. The company was established in 1971 and has its corporate head office located in Uttar Pradesh, India.

Established in 1971 Technical collaboration with Continental AG Fourth largest producer of truck & bus tyres

MRL was the fourth largest producer of truck & bus tyres in the country, with a 14% share. Modi Continental Tyres are popular not only in India but also in 25 nations all over the world. These products were marketed in India, Australia, the United States, Italy and Russia; and through a representative offjce in Brazil. Modi Rubber was one of the largest tyre manufacturers in India till 2001 competing with

• ther companies in this sector such as Apollo

Tyres, MRF, JK Tyres, Birla Tyres, Ceat Tyres etc. The company’s vision is to succeed and to cast an indelible impression on the fjrmament of success. Modi Rubber had a production capacity of 1,200,000 tyres and tubes at Modipuram plant (including plant at Partapur); and 500,000 tyres and tubes at Modinagar plant. Modi Rubber is a publicly quoted company, traded on the Bombay Stock Exchange under the ticker code <500890>.

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Companies Promoted by

Modi Rubber Ltd.

Modi Alkalies & Chemcials Ltd.

Modi Xerox Ltd.

• Dr. B.K. Modi Group

Modi Cement Ltd.

• Mr. D.K. Modi

Modi Champion Ltd.

Bihar Sponge Iron Ltd.

Modi Ollivetti Ltd.

Indian Xerographics Systems Ltd.

Company

Modi Mireless Black Stone Ltd.

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Company Profjle || modigroup.net V K Modi Group II Company Profjle V K Modi Group

Companies Promoted by

Modi Rubber Ltd.

Gujarat Guardian Limited

• Mr. V.K. Modi

Alcatel Modi Network Systems Ltd.

Superior Investments India Ltd.

Spin Investments India Limited

Modi Stone Limited

Modi Tyres Company Ltd.

Company

Godfrey Phillips India Ltd.

Modi Carpets Ltd.

MBM Limited

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Company Profjle || modigroup.net V K Modi Group II Company Profjle V K Modi Group

Companies Promoted by

V K Modi Group

Uniglobe Travel South Asia Pvt Ltd.

• f Uniglobe Travel

Uniglobe Mod Travel

• Pvt. Ltd.

Maple Bear Education Pvt Ltd.

Gujarmal Modi Charitable Trust

Chander Bala Modi Charitable Trust

Company

Asahi Modi Materials

• Pvt. Ltd.

Magnify

Creative IQ

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Company Profjle || modigroup.net V K Modi Group II Company Profjle V K Modi Group

GROUP COMPANIES

GGL is a joint venture company between Guardian Industries Corp., USA and Modi Rubber Ltd. It is the fjrst and now one of the leading Float Glass manufacturers in India, producing the ‘MODIGUARD’ brand Float Glass and Mirrors. It manufactures Float Glass with a thickness range of 2mm to 12mm and ultra-mirrors with a thickness range of 2 mm to 8mm thickness. Guardian Industries (GI) was started in 1932 and is headquartered at Auburn Hills, Detroit, Michigan, USA. GI is one of the world’s largest manufacturers of Float Glass, Fabricated Glass Products, Mirror and Fibre Glass Insulation, vehicle glass and exterior trim systems for the building material & automotive industries. At present GI has 49 units including 28 float glass plants across 5 continents with over 20000 employees worldwide. With just two products - Clear Float Glass and Mirror under its umbrella, GGL has been consistently catering to the glass and mirror market with a market share of 17% in India. GGL was the fjrst company to introduce dealer channel fjnance scheme to support valued customers.

Gujarat Guardian Ltd. was set up in 1993 with its manufacturing unit at Ankleshwar, Gujarat with an employee strength of over 1250. It achieved a turnover

• f M740 crores in FY 2016-17.

Established in 1993 First company to introduce dealer channel finance scheme JV between Guardian Industries Corp., USA and Modi Rubber Ltd. First float glass manufacturer in India

Gujarat Guardian Ltd. (GGL)

L740

17%

market share in India

1250

Employee Strength

Crores Turnover in FY 2016-17

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Company Profjle || modigroup.net V K Modi Group II Company Profjle V K Modi Group

With a capital investment

• f Rs 300 million, the

company was incorporated in November 2012 and has its registered offjce in Ahmedabad, Gujarat, India. It is equipped with state-

• f-the-art

technology and has the capacity to produce 4000 metric tons

• f resin-coated sand per
• month. The plant has

the largest production capacity in India. The plant started its commercial mass production from May 2015 and has been providing test samples from its test plant (Located in Ahmedabad) since August 2013. The joint venture has introduced a new technology to achieve a paradigm shift in the casting industry/foundry and the group is really

• ptimistic

about the business.

Modi Rubber Limited has collaborated with Asahi Organic Chemicals Industry

• Co. Ltd of Japan to form a

joint venture company called Asahi Modi Materials Pvt Ltd. The Joint Venture company is involved in the manufacturing & supply of resin-coated sand/shell sand.

Asahi Modi Materials Pvt Ltd

Incorporated in November 2012 with a capital investment of Rs 300 million One of the largest manufacturers for Resin Coated Sand in India Manufacturing capacity of 4000 tons/ month

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Company Profjle || modigroup.net V K Modi Group II Company Profjle V K Modi Group

UNIGLOBE Travel is the world’s largest single brand travel franchise organization with presence in more than 60 countries across The Americas, Europe, Africa and Asia-Pacific generating $5+ billion in gross sales annually.

Uniglobe Travel South Asia (P) Ltd.

Travel (South Asia)

Operating under a well-recognized brand name, UNIGLOBE Travel agencies specialize in providing travel services to small to medium sized corporate accounts and leisure travelers. UNIGLOBE was founded by U. Gary Charlwood in 1979 in Canada.

• V. K Modi Group operates the Regional Master

Franchise of UNIGLOBE Travel in the South Asia Region that covers India, Nepal, Sri Lanka, Bangladesh, Bhutan and Maldives. The South Asia Region began operations in 2002 and currently has over 60 agency locations across India, Bangladesh and Sri Lanka with an annualized turnover of over INR 3500 Crores, making UNIGLOBE the largest single brand travel franchise network in the South Asia region. UNIGLOBE Travel provides independently owned and operated travel agencies with an outstanding support and service system which is designed to build their profjtability. Franchisees benefjt from a common image, professional development, training and ongoing support services. Each franchise is independently owned and operated, enabling it to more closely identify and work with the community it services.

Largest single brand travel franchise

• rganisation

worldwide Began

• perations in

2002

L3500

1200

Employee Strength

Crores Turnover

750+

locations across 60 countries

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V K Modi Group II Company Profjle

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Company Profjle || modigroup.net V K Modi Group

DMA, believes in continuous growth and never say no to

• penness, excellence

and exploration. The future beckons us with many more peaks yet to be scaled.

GROSS RECEIPT OF 14.73 CRORES 247 STAFF STRENGTH 150 TEACHERS FOUNDED IN 1981 CBSE AFFILIATED 5000 STUDENTS

Dayawati Modi Academy (DMA)

— Founded in 1981, sprawling

• ver an area of 8 acres with

more than 5000 students and 150 teachers, DMA is a premier English Medium Co – Educational institute affili- ated to CBSE, located in Mod- ipuram, a township on NH-58 highway and is approx. 6 Km from Meerut.

8 ACRES AREA The school follows the public school pattern with ample emphasis on academics, co-curricular and sport activities. The Academy has been progressing by leaps and bounds, providing comprehensive quality education to develop the varied facets

• f a child’s personality and character through a good repertoire
• f scholastic and co-scholastic activities. It has a holistic

approach and focuses on the overall development of the student’s personality. The school endeavors not only to tap and nurture the latent talent and potential of the students but also evolve them into confjdent, self-potent global citizens so that they face life courageously and positively in all its vividness and

• versatility. In FY 2011-12, the school achieved a gross receipt of
• Rs. 14.73 crores with staff strength of 247.

Schools at a Glance

Excellent results in board examination, pioneers in providing coaching for examinations like NTSE, regular career counselling and workshops for senior students, IT savvy environment, participation in competitions – state, national, international levels, multifarious activities for all wings – junior, middle and senior, educational excursions, picnic and summer camps, emphasis

• n learning by doing – methodology

for tiny tots, specialized training for various games and sports, school follows CBSE curriculum, ample incentives for deserving students, workshops and seminars for re-orientation of teachers, students friendly environment – lively classrooms, devoted teachers, air conditioned libraries, toy rooms and computer labs.

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Company Profjle || modigroup.net V K Modi Group II Company Profjle V K Modi Group

Founded in July 1993 by Shri V.K. Modi, this beautiful school spread over a 12 acre plot with lush green, sprawling lawns and breathtaking gardens is highly acclaimed for its excellent academic and extra- curricular activities. The school follows the public school pattern with ample thrust on the academic, co-curricular (cultural) and sports activities. The school has a holistic approach and focuses on the overall development

• f the students’ personality through a

number of activities planned to tap the dormant potential of each child. The idea is to mould them into responsible citizens of the nation with high thinking and noble ideals. FOUNDED IN 1993 SPREAD OVER 12 ACRES STAFF STRENGTH 77 5.42 CRORES GROWTH IN FY 2011-12

Some outstanding contributions to society

Flood relief work, drive against drugs, re-building a hundred year old tribal school, campaign against child labour, campaign against plastic bags, earthquake relief work – rebuilding a school at Govindpar near Rapar (Kutch). The Limca Book of Records made a proud mention

• f the Narmada Swim that was undertaken by 60

extra-ordinary children of CMA.

Chanderbala Modi Academy

Chanderbala Modi Academy, one

• f the best known progressive

English Medium Co-ed Schools of South Gujarat affjliated to CBSE, is located in the Gujarat Guardian Limited Township, on Valia Road, Ankleshwar, Dist. Bharuch (Gujarat). Ankleshwar is 56 km. from Surat and approx. 90 kms. from Vadodara. In FY 2011-12, the school achieved a growth of 5.42 crores with a stafg strength of 77.

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Company Profjle || modigroup.net V K Modi Group II Company Profjle V K Modi Group

6000 Students 102 Schools

Maple Bear South Asia

Maple Bear South Asia is a part of Maple Bear Global Schools Ltd., Canada. There are currently more than 250 Maple Bear Early Childhood, Elementary and High Schools operating in Bangladesh, Brazil, India, South Korea, Turkey, Vietnam, Morocco, China, United States of America, UAE, Mexico, Singapore and Sri Lanka. The head office of Maple Bear Global Schools Ltd is located in Vancouver, Canada.

The Maple Bear Education System was developed for Maple Bear Global Schools with the purpose of bringing Canadian early learning programs to children around the world. The programs were designed by Canadian experts, and are being regularly upgraded to ensure that the Maple Bear Education System reflects the very best in early childhood education. In April 2011 Maple Bear South Asia entered into a joint venture with Modi Edutech Pvt. Ltd., which is a part of the VK Modi Group. The group, which shares the vision of its founder

• Mr. Rai Bahadur Gujar Mal Modi, has always

believed that education is signifjcant and integral to India’s development. After entering into the JV with Modi Group, the company has added more than 80 new schools in the system making it to 102 schools in 31 cities and around 6000 students who are getting high quality early childhood and elementary education in a safe, secure and stimulating environment that will provide them with a foundation for lifelong learning.

31

Cities

Started

• perations in

2011

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V K Modi Group II Company Profjle

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Company Profjle || modigroup.net V K Modi Group

UNIGLOBE Mod Travel

UNIGLOBE Mod Travel is a leading provider of travel management services with partner offices in more than 60 countries across six continents. The company specializes in managing the diverse and changing travel needs of companies and travelers in more than 20 cities across India with “hands-on”

• wner driven, responsive service.

UNIGLOBE Mod Travel experts combine their expertise with the best online technologies to deliver maximum effjciency and savings to travellers. They source and provide access to products online or

• ffer superior travel management,

professional advice, extensive trip planning and support virtually anywhere in India or across the world. With annual India sales in excess of L300 Crores, UNIGLOBE Mod Travel is one of the largest travel companies in India. Nine in ten corporate and business travel clients rate UNIGLOBE services as above average

• r

excellent and indicate that they would recommend them to others.

• f 150 Travel Experts

• ver 60 countries

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Company Profjle || modigroup.net V K Modi Group II Company Profjle V K Modi Group

An award winning graphic design studio & advertising agency

Winner of the Afaqs Foxglove Award, CreativeIQ is a strategically focused Graphic Design Studio & Advertising Agency based in New Delhi. With a track record of

• ver 25 years, the agency’s award

winning workflow, structured around a multi-disciplinary team, lends it uniqueness and allows it to take a smart, streamlined and managed approach in producing remarkable design and advertising. Creative IQ is structured around a multi-disciplinary and seasoned team that brings years

• f

experience and insights from having worked for leading brands such as Microsoft, Interglobe, Walmart, Revlon, SRL Religare, Escorts Group, GMR and Dabur.

01.

Winner of

Afaqs Foxglove

Award 2016

02.

Track record

• f over

25 years 03.

Domain expertise in

15 industries 04.

Founded in

1988

as Bharat Marketing & Advertising

Creative IQ

planning concepts P - 44 P - 45

Company Profjle || modigroup.net V K Modi Group II Company Profjle V K Modi Group

Magnify

The experts at Magnify are from the education sector who understand very well that teachers play a very important role in shaping the future of children. They take it as their responsibility to ensure that they provide the best teachers to these children. Magnify helps in bridging this gap by providing international quality training to the teachers. Magnify is powered by Maple Bear India, one of the best Pre-school franchise in India, based on an internationally acclaimed Canadian education system in the areas of early childhood and primary level. The expert trainers at Magnify are highly motivated and are from the social and education sectors. They are trained by Maple Bear trainers in providing the best teaching learning practices that are followed globally.

Magnify is an NGO setup to magnify the power of education for every child. Their inspiration has also been the various individuals and companies that take out time and money to setup a platform for children from economically weaker sections

• f society and

make an effort to educate them. It helps those who help children, the future of our nation. Established in 2016 Powered by Maple Bear South Asia Magnify has impacted 60 teachers 1800 children International quality training to teachers

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V K Modi Group II Company Profjle

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Company Profjle || modigroup.net V K Modi Group

Modi Marco Aldany Pvt Ltd

Alma Beauty Corporation SL, Spain (ABC) is one of the market leaders in the business of Aesthetics and Beauty in Europe (Spain) and Latin America. In the last 50 years ABC has developed a well renowned brand “Marco Aldany”, one of the top beauty groups worldwide. Market leaders in the business of Aesthetics and Beauty More than 400 hair salons in Europe One of the top beauty groups worldwide Established

• ver the past

50 years

Marco Aldany remains the sector benchmark, owning more than 400 hair salons in Europe and the biggest cities from Latin America. It has transformed the traditional concept of hairdressing and revolutionized the scene with its powerful brand image, unique decor, the widest uninterrupted schedule and the most comprehensive menu of services, treatments and quality products at a very competitive price. The proposed JV Company formed between Modi Group and Marco Aldany shall be the permanent Master Franchisee of Alma Beauty Corporation in India and shall, as per the business model, expand the Indian

• perations by adding new franchisees on pan India

basis. It is proposed to open Hair dressing Salons and Academia to train and hire staff for the business. In the next 5 years, there is a plan to open 28 company owned salons and 8 academia, in addition to 116 franchised salons.

Revolutionized the concept of hairdressing 28 company

• wned salons,

8 academia, 116 franchise salons,

• ver 5 years

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V K Modi Group II Company Profjle

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Company Profjle || modigroup.net V K Modi Group

Planning to further invest in the education sector by way of acquisition as well as setting up new schools, the group is looking to upgrade K-12 schools to the international level, expanding the reach of quality education to children in the upcoming Tier-II cities. The Group has seized great potential in mechanised hollow brick technology, especially in view of the ban imposed by the regulatory authority with respect to pollution and emissions, having initiated dialogue with the world leader in this space. Also, the Group has recently entered a joint venture agreement with Marco Aldany, to establish a hair salon chain in collaboration with the latter, with the project set to commence operations by end of 2017. Additionally, the Group is looking at tapping its real estate assets by launching new projects.

Setting up a cotter plant with an investment of

USD 55 million.

Recently entered a joint venture with

Marco Aldany,

a hair salon chain. Looking to upgrade

K-12 schools

to the international level

Future plans

The Group is looking at intensifying its current

• perations as well as

eyeing expansion by diversifying into new businesses by way

• f acquisition and

joint ventures, with technology as the key focus for all new partnerships.

The Group is in the process of setting up a cotter plant with an investment

• f $55 million. This plant will be
• perational by December 2017.

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