Category Archives: Business & Economy

Drugs Laboratories becomes first Unani Company to get prestigious ‘Ayush Premium Mark’

Meerut, UTTAR PRADESH :

Dr. Sirajuddin Ahmad

New Delhi:

Meerut- based Unani drugs manufacturing company ‘Drugs Laboratories’ is the one and only among the Unani pharmaceuticals companies which was recently accorded the prestigious ‘Ayush Premium Mark’ by the Ministry of AYUSH.  Now it would able to export Unani medicine abroad legally.

Considering the  state of  Unani pharmaceuticals industry in the country, it is not a mean achievement for the DL,  especially  if one compares it with well-known Hamdard company  which even did not get such certificate despite having much more popular and  older than the DL.

Talking to Muslim Mirror, Dr. Sirajuddin Ahmad, chairman of Drugs Laboratories said “Ayush Premium Mark’ assures that the product quality and GMP requirement is of international standard”.  Terming it a big achievement, Dr Ahmad said DL has become the first Unani and top Ayurvedic Company in India to get this prestigious certificate.

India has emerged as the world leader in Unani medicine but it has not been able to export Unani medicine to the world and Ayush Premium Mark has opened new horizons and possibilities for the promotion of Unani system, he said.

 Ayush Premium Mark’ recognition is given by the Quality Council of India in collaboration with Ministry of Ayush government of India. ‘Ayush Premium Mark’ is mandatory for export of Ayush products and supply of medicine in government institutes.

The certificate recognises that the products of a particular company are based on GMP requirements that are based on WHO guidelines and followed worldwide.

Dr. Ahmad said ‘Drugs Laboratories’ is the first Unani Company to modernize Unani products according to market needs which has 64patented drugs.

Currently company has more than 50 patented products and 64 classical Unani products. Apart from this Ayurvedic product are also manufactured.

We have developed 12 highly-effective drugs for instant relief ranging from cough to fever and even now allopathic doctors also prescribed these drugs to patients, he said.

Drugs Laboratories” with a fervour to keep Unani and Ayurvedic flag high and to serve the mankind, initiated extensive research in the field of Herbal with modern techniques in quality control and production.

We are also working how to make Unani medicine more popular across the communities and the country as it is a very effective medicine which has no risk of any side-effect, he said who’s father Padma Shree Hakim Saifuddin Ahmad was a very prominent Unani Physician. Hakim Saifuddin was also served as a Unani Physician to three Indian Presidents and was also appointed as the first Unani advisor to the government of India.

Talking about his family association with Unani medicine, Dr. Sirajuddin said this profession has been running in our veins for more than seventh generation as he has inherited this from his father Hakim Saifuddin Ahmad. His both sons have also been assisting their father in this venture.

 We did not keep the family prescriptions secret but made it public for the benefit of the humanity, he added. Highlighting the company’s future plans, he said we are doing scientific research on a number of drugs including how to get rid of the dialysis  which has become a mandatory for a kidney patient and many more things.

source: http://www.muslimmirror.com / Muslim Mirror / Home> Indian Muslim / by Abdul Bari Masoud / March 26th, 2019

Kashmir’s first-ever igloo restaurant turns selfie spot for tourists

Gulmarg (Baramulla District) , JAMMU & KASHMIR :

It’s well furnished inside and leaves one wondering in awe, says a visitor

With the minimum temperature plummeting to minus 18 degree Celsius in north Kashmir’s tourist hotspot Gulmarg, a spherical 22-feet-wide and 15-feet-high igloo restaurant has become a major attraction among the tourists, more for selfies than food served inside.

“We threw the igloo restaurant open to the public two days ago. It’s the country’s biggest igloo ever made. It took 15 days to construct it with the help of 20 workers,” Waseem Shah, managing director of the Kolahoi Resorts, told The Hindu.

The all-snow covered restaurant has eight tables, serving lunch and dinner inside it, and can accommodate 18 people simultaneously. The novel idea has been picked from the cold places of Europe.

“I have travelled to Switzerland, Norway and Finland and saw similar snow sculptures. We too have snow in abundance and can experiment on such projects,” Mr. Shah said.

He said the cafe shall make it to the Limca book of records as Asia’s biggest igloo. “So far tourists come more for selfies than food. But I am happy they are leaving with cherishable memories,” he said.

Sonia Kapoor, a tourist from Delhi, said the restaurant is a must for a selfie. “The sight of igloo is amazing. The fact that it’s well furnished inside, leaves one wondering in awe,” Ms. Kapoor said.

The idea has come as a shot in the arm of tourism, which was struggling in Kashmir, first due to the abrogation of special status in 2019 and then by the pandemic.

Director, Tourism, Kashmir, G.N. Itoo said Kashmir is fast emerging as “an all season destination”.

“Kashmir is offering visitors not only mesmerising beauty of its natural landscape, its perennial rivers and lakes, gardens and meadows, mountains and valleys, forests and wildlife but also diversity of tourism products with its adventure potential, cuisine, heritage, pilgrimage circuits and plenty of leisure tourism,” Mr. Itoo said.

source: http://www.thehindu.com / The Hindu / Home> News> States> Other States / by Peerzada Ashiq / Srinagar, January 28th, 2021

A 1947 vintage car returns to Salih’s home after 60 years

Valappad (Thrissur District) KERALA :

Thrissur:

Expatriate businessman C P Salih had a happy reunion recently after 60 years — with a gleaming Studebaker car that had left his home in 1960.

Salih’s father Chandanaparambil C P Mohammad had bought this American car from Delhi. It is estimated that the car, manufactured in 1947, arrived in India in 1949.

It was in this car that the wedding party of the mother-in-law of prominent businessman Galfar Mohamed Ali had travelled to the wedding.

C P Mohammad sold the car in the 1960s. After changing several hands, it finally reached Delhi again. What’s more, it had the same old number — DBG 8213. Mohammad had written in his diary that he had bought the car for Rs 2,400. The car was tracked in Delhi with the help of the old number.

Salih purchased the car and brought it to his Valappad home to give it to his son Anhar Salih as a wedding gift. The car was originally red in colour. It has now turned blue. The top was lost due to age. But the engine is still the old one.

C P Salih with his family.

On seeing its return, many elders shared their memories of having seen the car in the past. All this was recorded and kept by Salih’s family. Many were not even allowed to touch the car. But C P Mohammad took everyone in the area in the car.

While the old car has been found, one puzzle related to it remains. CP Mohammad had written in his diary that an Ezhuthachan in Thrissur had helped him buy the car. Salih has not yet been able to find out who that was.

source: http://www.onmanorama.com / OnManorama / Home> News> Business / by OnManorama Correspondent / January 17th, 2021

‘Azim Premji: The Man Beyond the Billions’ review: The making of an entrepreneur and a philanthropist

Bengaluru, KARNATAKA / Mumbai, MAHARASHTRA :

How Azim Premji expanded his business from vegetable oils to info-tech and put his money where his heart is

The story of a person can be inspiring. The authors have chosen their subject well, for, everyone knows of Azim Premji, but few truly know what makes the man.

A book about such a person, if well-written, may possibly inspire the reader into action. In this case, soon after you read the book, it’s difficult not to look up the Azim Premji Foundation website, to see if it had any volunteering opportunities, even if you have done nothing like it before!

In chronicling any life, it is easy to get mired down with mind-numbing detail that comes your way if you are sifting through 50-odd years’ worth of the protagonist’s hits and misses. The authors have done well to stick to the most interesting parts of Premji’s life. Two things stand out across events and across time: his integrity and a penchant for frugality.

Zest for austerity

His insistence on paying for personal calls made on his office phone is legendary. His friends know of his love for cars but also about his unwillingness to spend fanciful amounts on one.

He once wanted to buy a Fiat that was registered in Wipro’s name. He got the finance department involved in the discussion as he wanted to play by the rules and pay for the purchase. But with depreciation, the car’s value was zero to the company. The transaction did not go through.

At one point, his friends were agog with excitement at his purchase of a Mercedes, but it was… hold your breath… a second-hand one!

At another time, when his team was preparing to welcome clients on a visit to headquarters, and took Premji over the arrangements that included meals from a five-star hotel, he quipped, “If our cafeteria is good enough for our employees, it should be good enough for clients too!”

It’s probably the same zest for austerity that had him pleased while on a U.S. visit, when two of his senior-most executives bought lunch for the three of them at a Burger King outlet for less than $7.50! And, this was a man who didn’t bat an eyelid when an employee of the vegetable oils business lost ₹25 lakh in a year in a trading position.

A long journey

The book chronicles the journey of Wipro from the time the Premjis put down roots in Mumbai. It throws light on the man’s spirit of entrepreneurship, as the company cautiously experimented with opportunities — expanding from vegetable oils to engineering products, computer hardware, tech services and consumer care and lighting. It also does not shy away from some of Wipro’s missteps such as the investment in financial services, a business which withered away despite the group’s entry into the space after much thought and preparation.

His management style

While doing justice to the man’s talent for perseverance, the authors have touched upon his management style that many say cramped some CEOs under his chairmanship. His taking over as CEO in 2005 after the abrupt exit of Vivek Paul, said to have been primed for the post, or his decision to have a joint CEO structure soon after, at a time when competitors were blazing ahead, had raised eyebrows in the world of IT services at the time.

The reader may get the sense that the authors occasionally sound deferential when talking about the man or his family. But, it’s difficult not to be overawed by someone who has never sold a single share in his company but who chose to give away $21 billion worth of wealth to his foundation, leaving his two sons with shares valued at about ₹65 crore. How can one give away so much wealth and still, on the morning the news about the latest transfer to the foundation breaks, irritably ask an employee — who speaks of congratulatory messages overwhelming social media — “What’s all the fuss about?” ?

This book is a must-read for anyone who can read English.

Azim Premji: The Man Beyond the Billions; Sundeep Khanna, Varun Sood, HarperCollins, ₹699.

bharatkumar.k@thehindu.co.in

source: http://www.thehindu.com / The Hindu / Home> Books> Reviews> Profile / by K Bharat Kumar / January 16th, 2021

500K trout ova dispatched from Kashmir to 3 other states for rearing

Kokernag (KASHMIR), JAMMU & KASHMIR :

From Asia’s largest trout farm in south Kashmir’s Kokernag, 500,000 trout ova were dispatched to Arunachal Pradesh, Nagaland and Uttarakhand for rearing

Representational image. (REUTERS)
Representational image. (REUTERS)

Brown and rainbow trouts are cold water fish introduced in Kashmir over 100 years ago.

The chief trout farming project officer at Kokernag, Mohammad Muzaffar Bazaz, said that 500,000 trout ova were dispatched from the farm to Arunachal Pradesh, Nagaland and Bhimtal in Uttarakhand where the directorate of cold water research centre has been established by Indian Council of the Agriculture Research.

Bazaz said that the 500,00 trout ova were airlifted so the progeny reach the respective destinations safe and unharmed.

“Our staff at the farm worked overnight so these trout ova reach the respective destinations undamaged. The facilities were provided by the principal secretary of the animal husbandry department through the PMMSY scheme.”

Spread over 20 hectares, the farm was set up 36 years ago with support from the European Economic Committee. It started with a single hatchery which has now been upgraded to three hatcheries that supply millions of eyed ova and seeds to beneficiaries, including private fish farmers.

Bazaz said that Kashmir has two types of fisheries, warm and cold water. “For trout culture, the temperature shouldn’t exceed 20 degrees Celsius. Brown trouts are in abundance in the upper reaches,” he says.

Kashmir is also known as an anglers’ paradise—tourists, particularly foreigners, head for high-altitude water bodies as brown trout is found in high-altitude lakes and streams.

source: http://www.hindustantimes.com / Hindustan Times / Home> India News / by Mir Ehsan / January 18th, 2021

Sweet scent of tradition: Attars bring the past forward in India

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Natural fragrances are a big hit in India. Photo: Special Arrangement/THE HINDU  

These natural fragrances have a cult following that seems to defy their low-profile marketing

For several years now, Hassan Siddiqui has never had a day that did not include perfumes in it. “I have around 600-700 bottles of attars and around 300 Western scents. The costliest one in my collection is a 10-ml bottle of pure Oudh attar that costs ₹46,000. Yes, it’s like an addiction, but of the good kind,” he laughs, over a phone interview.

The 26-year-old Siddiqui is one of many aroma enthusiasts trying to highlight India’s thriving indigenous fragrance industry through social media. Though he is based in Bahraich, a small town near Lucknow in Uttar Pradesh, Siddiqui reaches a global audience through his YouTube channel Perfume Review India. It offers a mix of product trials, interviews with perfumiers and explainers on fragrance usage and terminology in Hindi/Urdu, to its 17,800-plus subscribers.

Hassan Siddiqui educates customers about the latest attars through his YouTube channel Perfume Review India. Photo: Special Arrangement/THE HINDU  

Siddiqui wants to increase awareness about the role natural fragrances play in Indian culture. His focus is on attar or ittar, a broad term that refers to scents using essential oils derived from botanical sources via steam or hydro-distillation, a method credited to the Persian physician Ibn Sina (also known as Avicenna in Europe).

Many of India’s traditional attar manufacturers rely on Ibn Sina’s extraction techniques, and are masters at creating not just floral scents, but also edible flavouring from natural sources.

Over a thousand enterprises are reportedly involved in the Indian perfume industry, estimated to be worth 500 million USD in a global market of $24 billion. Besides natural plant extracts, perfume manufacturers use chemicals and synthetic additives.

Even though imported alcohol-based perfumes have a more visible presence in the Indian market, attars too are holding their own. As India grows 31 of the 300 naturally fragrant raw materials required for perfume manufacture, it is an important supplier of essential oils like mint, jasmine, sandalwood, tuberose and spices in the global market.

Traditional production

The domestic natural fragrance market is dominated by Kannauj, a town in Uttar Pradesh known as the perfume capital of India. “We have been using the same hydro-distillation technique since 1896, when my great grandfather Sheikh Mohamed Ayub established the perfumery,” says Saad Akhir, of Kannauj’s family-run business Syed Mohamed Ayub Mohamed Yaqub Perfumers.

The ancient technique starts with the plucking of flowers early in the day. The petals alone are mixed with water and poured into copper stills known as deg and sealed with a mixture of clay and cotton. A bamboo pipe doubling as a condenser (chonga) connects the deg to the copper receiver (whose mouth has been covered with cloth or bhapka) placed in a cooling chamber filled with water.

An earthen oven (bhatti) fuelled by wood and dung cakes ‘cooks’ the petals until the distillate is obtained from the vapour in two separate rounds. Both the bhatti and the water in the cooling tank are constantly monitored to maintain an even temperature.

Kannauj is known for attar shamama, a dense, woody scent said to be invented by Sheikh Mohamed Ayub, that is used in the base of most perfume blends by designer houses in France and UK. “Ironically,” says Siddiqui, “they are sold back to India, at a considerably high price, and our people are unaware of this.”

Patronised by the Mughals and the other princely states with Turkish links, attar makers and sellers were once an integral part of the Indian cityscape, as can be seen from the remnants of street names like ‘Attar Mohalla’ and ‘Gandhakaarar Theru’ in southern India.

Vishwas Vijayvergiya of Sugandh Co, Lucknow. The manufacturing unit which uses the ‘deg-bhapka’ system of hydro-distillation can be seen in the background. Photo: Special Arrangement/THE HINDU  

“The credit for patronising perfumes in Lucknow goes to the Nawabs of Oudh, particularly to Nawab Wajid Ali Shah,” says Vishwas Vijayvergiya, whose family runs Sugandh Co in Lucknow. Apart from distillate extracts of agarwood, sandalwood and flowers, India also pioneered the art and science of making incense, an elixir that perfumes spaces through the combustion of fragrant materials with aromas permeating through smoke, he adds.

Keeping it natural

The lockdown briefly affected production of base oils until restrictions were eased in September. “Even though our exports have stopped due to the pandemic regulations, we are still manufacturing for our domestic customers,” says Mohamed Sadathullah of Hameed and Co Perfumers in Hyderabad.

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Plan B for lockdown

  • The pandemic-induced slowdown has made many perfume companies diversify their product base. While Lucknow’s Sugandh Co still has artisanal winter fragrances this year like Azeemah, Utsav, Hayaa and Kausar, it has also looked into chemical sanitisers. “Like all other sectors, the perfumes sector came to a standstill during the lockdown. However because fragrance is such an integrated part of all everyday life, we continued manufacturing industrial perfumery compounds for the hand-sanitiser and soap industries as soon as the lockdown was eased,” says company executive Vishwas Vijayvergiya.
  • Adds Rahul George, of ARI Fragrances, Bengaluru, that creates signature aromas for corporate spaces, “Before the lockdown, nearly 80% of our clients were IT companies, who have all started working for home since March. So we are focusing now on manufacturing for pharma and hospitals. We are hoping to launch products related to women’s personal hygiene and a fragrance for pets.”

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“We make perfumes with a sandalwood base, and also blends from attars bought from Kannauj, like henna, rose, and amber. We make oudh from the wood (agarwood, aloe wood) that grows in Assam. The wood chips are cooked to extract the oil from it. All our sandal-based perfumes are made without chemical additives and alcohol,” he says.

Cities like Delhi, Hyderabad and Lucknow are also popular for attar shopping tours, which give visitors a whiff of history with an ittar-saaz or perfumier creating a customised attar using different compounds.

Rose petals being prepared for the ‘deg’ in Sugandh Co, Lucknow. Photo: Special Arrangement/THE HINDU  

“We can recreate most of the French, Italian and American scents with the help of the ingredients here, because the base note is more or less the same,” claims Saadathullah.

Measured in tolas (12 ml = 1 tola), the attar is sold in quaint craft glass bottles that add to the Oriental mystique of the perfume.

YouTuber Siddiqui, who launched his own perfume brand recently, says that he has come across some expert aroma replicators on his tours. In one of his videos on unusual attars, Siddiqui reviews products that smell like ‘Johnson’s Baby’, mud, and Lucknowi biryani. “I feel we should do more to showcase our attars effectively. The manufacturers have not even entered into influencer marketing, though this industry is thriving,” he says.

He points out the image problem attars seem to have, in general. “Expensive attars, which typically sell for ₹1,000 per 10ml, are packaged in ₹3 glass bottles with cheaper applicator sticks. Besides this, customers need to be educated on the right time of the year, and day, to use these natural scents. A winter-time perfume like musk can turn out to be very smelly in summer.”

source: http://www.thehindu.com / The Hindu / Home> Life & Style / by Nahla Nainar / Chennai – December 29th, 2020

Playing with Pride

KERALA / Bengaluru, KARNATAKA :

This new card game created by two Bengaluru-based women, who hail from Kerala, celebrates Malayali culture, Mollywood and more.

The game needs at least four players and can be played by anyone aged 18 and above

Bengaluru :

You may take a Malayali out of Kerala but you can’t take the love for Malayalam pop culture out of a Malayali. Or so it seems from this new game developed by two Bengaluru- based women who hail from God’s own country. Called Malayali Aano, the new game by Sona Zainab Harris and Rose Mary Jacob is a cardbased game that draws heavily from Malayali pop culture, popular phrases, movie characters, food, stereotypes and other such trivia.

Those who have played the popular party game Cards Against Humanity need no introduction to the rules of Malayali Aano, whose tagline is: ‘A party game for devil’s own people’. It consists of 500 cards, of which 100 have questions on them while 400 have statements, movie dialogues, or phrases that could work as an answer. One player picks a question card, others throw the quirkiest answers from the 10 they possess into a pile. The player that poses the question reads out each question- answer pair, laughter ensues and the most creative or whackiest answer wins.

A minimum of four players is mandatory, with more being merrily encouraged. “Each statement in the answer card is iconic in its own way but when set to the context of another question, it can incite a laughter riot. Since we’ve picked out trivia from the 1980s to now, the nostalgia factor is high as well.

Any player aged between 18 and 45 will find something to remind them of their childhood, adolescence, first romance, parental relations or their connection to Kerala,” says Harris, the founder and creative director of Backflip Design Studio. But it is not just fun and games.

It also helps bring up important conversations. “When you hear certain dialogues – for example, ‘You are just a woman’ from the film The King – you don’t think much in the context of the plot. But isolating such things and using it in the game makes people see that it could be problematic too. Humour can help break barriers with topics like sexism, classism, misogyny, etc,” says Jacob, who is also the founder and curator of the popup My Cup of Tea.

The two women took a month to develop the content of the game. It makes use of, what Jacob and Harris refer to as, a “Manglish” script. There is also a leaflet with a QR code that can be scanned to understand the translation and reference of the answer cards. The game is meant for those aged 18 and above, with some players even finding it to be an effective ice breaker with their parents.

“One player told us he never thought he would talk to his father about the topics included in the game. But they had a good laugh about it, so it can help different generations bond better too,” says Harris.

source: http://www.newindianexpress.com / The New Indian Express / Home> Cities> Bengaluru / by Simran Ahuja / December 29th, 2020

Meet Rizwan, first Malayali to score ODI hundred

Sondarapally Village (Thalassery), KERALA / Sharjah , UAE :

C P Rizwan won the man-of-the-match award his 109 against Ireland in the first ODI on Friday

Kannur:

The story of C P Rizwan, who on Friday became the first Keralite to score a One-Day International (ODI) century representing any country, bears testimony to the fact that if you strive hard and stay focussed, you will ultimately realise your dreams. 

The 32-year-old hailing from Thalassery, the cradle of cricket in Kerala, never gave up and never lost hope, even when his career hit a roadblock. 

Growing up at Saidar Pally, a small village near Thalassery, Rizwan’s childhood mostly revolved around playing cricket with his friends in the locality. The youngster was gifted with the qualities that make a batsman successful at the top level and had the potential to become a future star.

He went on to represent Kerala in the junior levels and captained the U-25 state team. Although his performance in age-group categories was rewarded with a place in the senior side which included the likes of Sanju Samson and Sachin Baby, he was never given a chance in the playing eleven. 

As it was frustrating sitting on the bench, he moved to the UAE in 2014 and landed a job in Sharjah. He continued to play cricket there and was able to catch the attention of the local cricket fraternity with consistent performances in domestic tournaments. In 2018, Rizwan completed the four years required for him to be eligible to play for the UAE and was duly included in the national team.

Rizwan celebrates his hundred against Ireland

An electrical engineering graduate from the Cochin University of Science and Technology, Rizwan made his debut for the UAE on January 26, 2019, in an ODI against Nepal. The Emirates Cricket Board offered him a one-year central contract last month in recognition of his excellent batting against against the USA and Zimbabwe. Apart from him, two other Keralites – Basil Hameed and Alishan Sharafu – also made it to the squad.

On Friday, Rizwan made history when he guided the UAE to a six-wicket win over Ireland in the first ODI of the four-match series in Abu Dhabi by scoring 109 off 136 balls. The splendid knock, which earned him the man-of-the-match award, was laced with nine boundaries and a six. He shared a fourth-wicket partnership of 184 with Lahore-born Muhammed Usman, who made an unbeaten 102, and made short work of the 269-run target set by Ireland.

Centurions Rizwan and Muhammed Usman after the first one-dayer against Ireland

Born on April 19, 1988, to M P Abdul Rouf and C P Nasreen of Poovathankandy, Rizwan studied at the St Joseph’s Higher Secondary School in Thalassery and played for the local Students Cricket Club  and the Kochi-based Cordiant Sports Foundation in his formative years. 

The right-hander, who bats at No. 3, has so far scored 288 runs from 10 ODIs at an average of 32. 

He is currently employed with the Eastern International LLC in Sharjah.

source: http://www.onmanorama.com / OnManorama / Home> Sports / by G. Dinesh Kumar / January 09th, 2021

Kerala firm launches nano soaps to fight Covid

Kozhikode, KERALA :

Kochi:

Orial Imara, a Kerala-based soap manufacturer and exporter, has launched Elaria, nano soaps packed in tablet strips to help fight Covid conveniently on the go.

Jabir K C, Managing Director, Orial Imara, who developed the nano soap, said each tablet soap, weighing around 2 gm, is enough for one good hand wash. The company has now launched packets of 20 tablet soaps in two strips priced at Rs.30.

Elaria handwash nano soaps are made available in supermarkets and drug stores across Kerala and Karnataka now and will be taken to other south Indian markets in phases while exports to Qatar have already been started.

Jabir said according to many experts, a bit of soap and water is still the best way to get rid of germs, including the virus that causes Covid-19. Using alcohol-based sanitizer should be your second choice, according to the United States’ Centers for Disease Control and Prevention.

He also said Elaria could be first of its kind nano soap in the world which is ideal for people who are always on the move and those who do not want to touch soap dispensers in public places like restaurants. “It’s also a grade 1 soap with 76-80% total fatty matter (TFM),” he said.

Kozhikode-based Orial Imara is into the manufacture and export of grade 1 soaps with its R&D centre in Kozhikode and manufacturing units in Mumbai and Solan in Himachal Pradesh. 

source: http://www.onmanorama.com / OnManaroma / Home> Lifestyle / by OnManorama Staff / January 08th, 2020

Meet brothers Akram and Khalid: successful entrepreneurs taking their brand YourLibaas to people’s homes

NEW DELHI :

Khalid Raza Khan and Akram Tariq Khan

As students, brothers Khalid and Akram, bubbling with enthusiasm would dream of building a business of their own. They would experiment with entrepreneurship and were raring to do something.

After several small ventures such as zamber,  a social networking site, hostelneeds.com – an online e-store for dorm supplies and others –  they finally succeeded in establishing  www.yourlibaas.com

In 2014, Khalid – then 24 years-old, was in Pune Institute of Computer Technology (PICT) while his younger brother Akram, 19-years old then, had just joined Engineering in Aligarh Muslim Univsersity, the duo established yourlibaas.com, which is an online store for designer ethnic apparel bringing the best of Pakistani fashion to India. Their site has now gone global with top Pakistani and UAE Designers, including Sana Safinaz, Maria.B, Gul Ahmed, Sapphire, Zara Shahjahan, Élan, Faraz Manan, Charizma, Baroque, and Motifz, among others.

“When we began in 2014, ecommerce was in a nascent stage with the market being fragmented and multiple small players existing. Amazon and Flipkart were yet to emerge as market leaders. We now have an office in Noida but after the lockdown we have shifted to Jasola Vihar, New Delhi” said Akram while talking about their early days.

YourLibaas is an Urdu word that means your “garment or attire”. Today, the brothers claim that their online store is the market leader within the lawn suit market in India (by total revenue and market share).

“What began as a small start-up in New Delhi quickly transformed into a strong brand with an international presence. If you search for all related terms for apparel, we rank on the top position at Google. Today we have 23 employees on our payroll,” said Khalid Raza Khan, the founder and CEO of YourLibaas.

But it was not so easy to achieve success. Managing a business with college was difficult. There were several obstacles when they began.

They started off with inadequate capital pooling in their savings from the pocket-money they received from parents. Initially, they contacted small retailers and listed the suits on their site. When an order came in, they bought it from them and shipped it.

Khalid used to ship packages daily and often missed college because the courier offices and post-office closed by evening and packages would be delayed. In order to not miss college, he began sending the parcels from a post office that was 25 kmts from where he lived. This particular post office was open for 24 hours which was a good thing for the boys. During the nights, he would go on his scooty and send the parcels. And to save on costs, the duo delivered local orders themselves searching out the addresses while roaming on their two wheelers.

But missing classes had an adverse effect. Khalid could not cope with the lessons and failed in his exams due to which he had to repeat a year. The university in which he studied had different rules known as ATKT system wherein you have to repeat a year upon failing in a subject (unlike other colleges where you are promoted).

Akram who was pursuing engineering at AMU, handled digital marketing and technical development. And his studies also went downslide and he had a backlog of 14 papers.

As if that was not enough, they also suffered another set-back when they were duped by a wholesaler who didn’t send the products even after receiving full advanced payment of around Rs. 1.2 Lakh from them. This was a major setback and it took some time for them to bounce back.

They did the sourcing and packing themselves travelling in an auto rickshaw to the wholesaler bringing in heavy ‘katta bags’. As they slowly grew and as profits increased, they hired their first full-time staff named Sarfaraz for packing and logistics and 3 interns from Aligarh Muslim University for customer support and content writing.

However, they still were not in a position to pay handsome salaries due to which the staff left and they were back to looking after the packing and logistics till they could find replacements. In this way – slowly and bit by bit and through sheer perseverance, the brothers kept going.

With time as the business grew, so did their team.

“I remember how we generated enough profit to buy our own catalogue for around Rs. 60000. And we slowly moved to an inventory-model. Now, we completely own all the inventory displayed at the portal. It is imported from UAE as the majority of the dress designers are headquartered there” said Akram Tariq Khan, co-founder of YourLibaas.

Apart from these glitches they also had market regulations and compliance to overcome.

In 2015 they set up a basement office-cum-warehouse in Sector 50, Noida. The products arrived in Delhi and inter-state logistics was proving to be difficult. The brothers shifted to Jasola Vihar, Delhi.

Another major problem was dead stock or unsold items lying in their warehouse. This blocked their capital. To deal with the unsold stock, they started attending trade fairs and managed to sell the stocked clothes.

But after 2018, they stopped attending the fairs when Akram moved to Jamshedpur to pursue MBA.

Why specific focus on Lawn apparels and Pakistani suits?

Lawn fabric is purest form of cotton and is lightweight. It is produced in bulk in Pakistan as 90% of the lawn producing centres were located in Pakistan at the time of partition. Lawn suits have gained huge popularity due to it being lightweight, wrinkle free and soft. Mostly due its suitability to the hot Indian climate.

“Awareness regarding lawn suits primarily developed through Pakistani TV serials that were aired on  Zee Zindagi in 2017,” feels Khalid.

“Pakistani suits were a rare commodity in India back then. The demand was high and supply limited. It wasn’t sold on marketplaces (and still isn’t) like Amazon, Flipkart, Myntra, and so on,” he added.

“Pakistani brands had tried entering the market through official partnerships that failed to materialize (like Sana Safinaz partnering with OCM Fabrics), and they chose Indian actresses to model for the latest collections (like Kareena Kapoor, Jacqueline Fernandes, Madhuri Dixit, and so on). We realized how a niche store specializing in Pakistani suits could be set up and that is what inspired YourLibaas” explained Akram.

Despite logistical hurdles and a rather negative connotation attached with Pakistani suits, the market size in India of Pakistani apparel is estimated at over INR 400 Crore.

Even though they set up YourLibaas and sell genuine Pakistani brands, they have competition from imitators. Many fashion houses and sites have replicas of the Pakistani designs selling at a lesser price.

But YourLibaas stuck to the originals even though they were expensive. Customers who preferred authentic designs from the original designers continued to buy from YourLibaas.

We have at least 40% repeat buyers, disclosed Akram.

“Designers and their team put in a lot of efforts and months of planning to launch a collection which the replica makers imitate thereby stealing the credit. Fortunately seasoned customers can easily make out an original from a replica. Moreover, selling replicas alongside originals hurts the brand equity. Replicas are a nuisance in India as these are manufactured by registered Indian companies and sold openly. A first time online buyer who is unaware of this would buy a replica since both display the same picture, but a replica is priced at 20-25% of the original cost. This leaves a bad impression of “Pakistani Suits” and the consumer never returns back to buying lawn suits. Further it creates trust issues especially if you’re selling online. We have maintained our reputation and people largely buy from us since local shops and sellers usually sell replicas and fool buyers especially new customers, ” elaborated Akram Khan.

Due to international demand, the duo made inroads into the global market by establishing a Dubai, UAE subsidiary and setting up a Freezone company. They have plans to also establish a physical office in Dubai.

Leveraging technology to their advantage

Being from a technical background proved to be an advantage and the duo used their technological skills to thwart competition wherever possible and establish a strong market presence.

For instance – they introduced cash on delivery as many of their customers where women who were non-working. They took this risk despite knowing that there could be cancellations and also non acceptance of goods when they arrived at their door step. They also offered no-questions asked returns. All this bolstered confidence amongst the customers.

Next was introducing ‘Order on WhatsApp’ & ‘Order on Phone’ options which made it easier for the women to order instead of logging on to websites. The YourLibaas WhatsApp commerce at YourLibaas employs AI-based NLP chatbots with human agents who answer the queries of the customers guiding them to successful shopping

Why do people prefer buying from YourLibaas rather than the brand itself?

“We provide multiple brands with easy accessibility, free shipping and easy returns on a single platform. Most of the consumers aren’t comfortable with buying online, so we have WhatsApp chatbots alongside human agents that assist them making the ordering process seamless. Secondly, buying from brands directly isn’t a feasible option – the shipment might get stuck at customs, or it could end up being delayed otherwise. Even in a normal scenario, the delivery timelines will be longer than what a domestic player can offer,” concluded Khalid Raza Khan.

Today, Khalid is totally dedicated to YourLibaas while Akram has his fingers in several pies. He writes for Entrepreneur.com a business magazine and has developed an online browser game called  ‘Bhag Corona’ and is also part of entrepreneur’s leadership network in which he delivers lectures based on his experiences.

His game ‘Bhag Corona’ has received millions of hits and this game was hosted on ShareChat, a social network site.

Akram continues to explore new venues while his brother, now married, is steadily managing YourLibaas which they had begun as students.

source: http://www.twocircles.net / TwoCircle.net / Home> India News / by Nikhat Fatima, TwoCircles.net / January 01st, 2021