Modi Group launches Modi Brand in Delhi, to invest Rs 6000 crores across verticals
New Delhi : Modi Group, formerly known as BK Modi Group, marked a significant milestone with the grand launch of the Modi Brand on Friday (January 5, 2024). The event, hosted at the Taj Mahal Hotel in New Delhi, brought together eminent personalities and stakeholders to witness the alignment of the brand with the visionary ideals of the group's founder, Rajarshi Bhupendra Modi.
Investment in Bharat's Development
Modi Group announced its commitment to invest a staggering 6000 crore INR over the next 5 years across its diverse business verticals. The investment is in line with Prime Minister Modi's vision of achieving a USD 5 Trillion economy. Already having started development projects worth 1000 crores, the group is poised to play a pivotal role in driving economic growth.
Creating Opportunities and Empowering Lives
These ambitious development plans are expected to create direct or indirect employment opportunities for thousands of people across cities in India. Modi Group envisions contributing to the socio-economic development of the nation by fostering growth and empowering lives through sustainable employment.
Key Focus on preventative healthcare, wellness and technology-based infrastructure
Founder Rajarshi Bhupendra Modi spoke about the group's key focus on Preventative Healthcare, Wellness, and Technology-based Infrastructure. With a significant investment of 2000 crores in Modipur, Rampur, the city is poised to become a global smart city with state-of-the-art infrastructure, including multiplexes, malls, luxury hotels, urban residences, and futuristic manufacturing industries based on AI technology. Founder, Rajarshi Bhupendra Modi recently performed the ground breaking ceremony for the Modi Aircrete & Ancillary factory in Modipur.
Flagship Projects Transforming Healthcare and Entertainment
Two flagship projects were highlighted during the event. Saket Health City in Saket, Delhi, is envisioned to be a comprehensive healthcare hub featuring medical office buildings, over 24,000 quaternary bed facilities, wellness residences, geriatric care, and more. The focus is on providing advanced preventive healthcare and wellness through technology and healthcare advancements.
Modi Studios, the visionary film production company founded by Rajarshi Bhupendra Modi, continues its commitment to socially conscious projects. The upcoming project, "Adi Shankaracharya," promises to be a visual masterpiece, empowering viewers with Hindu culture and heritage.
Holistic Wellness Centers Expanding Across India
Modi Yoga Retreat, an oasis of wellness in Rishikesh, Uttarakhand, the birthplace of Yoga, Meditation, and Ayurveda, is expanding its footprint. The retreat is set to launch a new building in Rishikesh and a chain of retreats in Dwarka, Gujarat, further contributing to the promotion of holistic well-being.
Modi Group unveils a historic partnership with Miami-based real estate giant Mr. David Lynd for the development of residential buildings in Miami, FL, USA, and Saket, New Delhi, India, under a single global brand. This groundbreaking collaboration marks the first-ever initiative to plan over 3 million sq ft of real estate in two continents under one brand. Two visionaries join forces for an unprecedented real estate venture, fostering equal partnership, shared dreams, and a commitment to redefine luxury wellness living.
Modi Group's grand launch event showcased not only the group's achievements and ongoing projects but also its commitment to shaping a sustainable and prosperous future for Bharat.
"It gives us immense pleasure to be a part of this brand launch of our parent entity - Modi Group. I believe this new brand will bring forth a world of Innovation and development. As it is with any other projects under the Modi Group, it is set to re-define excellence and capture hearts," said Mr. Mukesh Khetan, Executive Director and Group CEO-Digilife Technologies Limited.
"As a part of the phase – 1 development plan, construction work for two projects worth INR 750 crore has already been started. We have also put in foundation stone for two more projects worth INR 300 crore," said Mr. Gurvinder Pal Singh, Group CFO - Modi Group.