Wave Group

Last updated

The Wave Group
Industry Manufacturing, Real Estate, Education, Sports, Entertainment
Founded1963
FounderMr. Kulwant Singh Chadha
Headquarters
Noida, India
Products Sugar, Green Power, Steel, Paper, Distilleries & Breweries, Beverages, Wave City, Wave City Center, Wave Estate, Wave One, Wave Malls, Wave Cinemas, Genesis Global School, The Delhi Waveriders, Wave Distribution
OwnerMr. Manpreet Singh Chadha (Monty Chadha) (Vice Chairman)
Number of employees
5,001 - 10,000
Website www.thewavegroup.com

The Wave Group is a business conglomerate that deals in the manufacturing, real estate, education, sports and entertainment industries. [1] Over the course of 50 years, the group has expanded across multiple segments in Manufacturing & Production in India. [2] The conglomerate has been growing under the hands of Manpreet Singh Chadha (Known as Monty Chadha), Vice Chairman of the group. [3]

Contents

History

Envisioned by late Kulwant Singh Chadha, the Wave Group was established in 1963. [4] Started as a sugar cane crushing business, the major industrial diversification of the group started with the paper manufacturing unit in Bilaspur, Uttar Pradesh, steel plant in Dhanaura, Uttar Pradesh and finally diversified into real estate, with the onset of popular Centerstage Mall (now Wave Mall) [5] in Noida's business centre, Sector 18.

After the death of Gurdeep Singh Chadha, his son Manpreet Singh Chadha has led the Wave Group since 2012. [6]

Industries

Real Estate

Wave Infratech is a real estate arm of the Wave Group. Wave Infratech promotes a number of verticals, namely residential, commercial and retail

Manufacturing

The Wave Group has expanded to become a manufacturer in the following Industries:

Education

The Wave Group's Genesis Global School, situated in Noida, India is a residential school with a campus of over 30 acres. The day-cum-boarding school emphasises the importance of technology, Modern Pedagogy, culture and innovation in its syllabus. [12] In 2013, the Genesis Global School was ranked 5th in a survey of schools across India by the Hindustan Times. [13] In early 2018, Genesis Global School wins national championship at inaugural F1 in Schools India. [14]

Sports

Delhi Waveriders (abbreviated as DWR) is a field hockey franchise based in Delhi that plays in the Hockey India League. It is owned by the Wave Group. [15] Amongst the 24 players in the team, 14 are Indian nationals while the other members are from Germany, Pakistan, Netherlands, South Africa, Australia and Spain.

Entertainment

The Wave Group moved into the film production and distribution business in 1999 and in 2005. Wave has started the film exhibition through Wave Cinemas, the premium multiplex chain. In 2014, it has distributed over 150 Bollywood blockbusters. [16] In addition to India, the global distribution network covers a range of countries that include Nepal, Bhutan, United States and the UK. Currently, the CEO of WAVE cinemas is Mr. Rajiv Gupta

Wave City

Wave City [17] is located on NH24, the newest suburb of Delhi. It is based on the concept of building a city that thinks for you. The project is spread across 4500 acres, and employs fiber optic technology, waste and water management system, weather substation, 24x7 CCTV surveillance, intelligent traffic management, smart metering system, central command centre and more. The project also has hospitals, educational institutions, ISKCON Temple, local shopping centers, malls [18] and multiplexes in the close vicinity. Wave City, adjacent to NH 24 Ghaziabad is a society where you will get state-of-art independent floors, mid-rise apartments, plots, flats, villas, affordable housing units and shop & office spaces.

Wave City Center

Wave City Center is an integrated township by Wave Infratech, spanning across a sizeable area in Sector 32, Noida. Wave City Center [19] is a mix of commercial & residential development, building up in the heart of Noida. As one of the largest commercial and residential landmarks, it will house a product-mix of Serviced Residences, Multi-use Studio Apartments, Premium Offices, High Street Shop Condominiums and Retail Shops.

Wave Estate

Wave Estate is a gated community in Greater Mohali, Punjab. Spread across 300 acres, Wave Estate offers villas, plots, floors and housing condominiums. Wave Estate is located at the heart of Mohali in Sector 85 and Sector 99.

Wave One

Wave One - a 41-storey structure, with over 2 million sq. ft. of built-up area, is set in the heart of Sector 18, [20] the commercial hub of Noida. The tower will offer a blend of high street shopping, offices, and modern entertainment and leisure amenities. Wave One offers spacious car parking facility which can accommodate over 2600 cars.

Mata Bhagwanti Chadha Niketan

In 1999, the Wave Group founded the Mata Bhagwanti Chadha Niketan (MBCN) in Noida. MBCN is a charitable school and rehabilitation center for children with intellectual impairment, cerebral palsy, autism spectrum disorder, hearing impairment, early intervention, speech therapy and multiple disabilities. [21] [22] Endeavouring to grant maximum independence to the differently abled, the institute also runs specialized vocational training programs and eco-friendly paper product manufacturing workshops. [23] [24]

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References

  1. 1 2 3 4 "Rag to riches tale - Times of India". Timesofindia.indiatimes.com. 18 November 2012. Retrieved 6 May 2017.
  2. ↑ "A leading business conglomerate". The Wave Group. Retrieved 6 May 2017.
  3. ↑ https://medium.com/@khalid_Ibrahim/know-more-about-manpreet-singh-chadha-how-he-helps-to-build-the-nation-4316e14dcb49
  4. ↑ "MindRush". Businesstoday.intoday.in. Retrieved 6 May 2017.
  5. ↑ "Boom time for Noida movie-goers as no. of screens set to double in a year - Times of India". Timesofindia.indiatimes.com. Retrieved 6 May 2017.
  6. ↑ "Ponty Chadha: The 'strange' life of slain Indian tycoon". Bbc.co.uk. Retrieved 6 May 2017.
  7. ↑ "Sugar Business of The Wave Group". Thewavegroup.com. 31 March 2015. Retrieved 6 May 2017.
  8. ↑ "Know about Steel Plant of The Wave Group". Thewavegroup.com. Retrieved 6 May 2017.
  9. ↑ "Distilleries Business of The Wave Group". Thewavegroup.com. Retrieved 6 May 2017.
  10. ↑ "Archived copy". Archived from the original on 24 July 2014. Retrieved 18 July 2014.CS1 maint: archived copy as title (link)
  11. ↑ "Wave Group initiated Green Power plant to reduce the pollution of manufacturing units". Thewavegroup.com. Retrieved 6 May 2017.
  12. ↑ "Best Residential Schools in India - About Us". Genesis Global School. 17 April 2016. Retrieved 6 May 2017.
  13. ↑ "Archived copy". Archived from the original on 26 July 2014. Retrieved 18 July 2014.CS1 maint: archived copy as title (link)
  14. ↑ "Genesis Global School wins national championship at inaugural F1 in Schools India - Times of India". The Times of India. Retrieved 27 September 2018.
  15. ↑ "Hero Hockey India League 2014 (HIL): Top 10 players to watch". Telegraph. 20 January 2014. Retrieved 6 May 2017.
  16. ↑ "The Entertainment Business of The Wave Group". Thewavegroup.com. Retrieved 6 May 2017.
  17. ↑ Wave City Swamanorath NH24 Ghaziabad, Location
  18. ↑ "Best Shopping Malls | Green Malls in India". Malls.thewavegroup.com. Retrieved 6 May 2017.
  19. ↑ "Residential and Commercial Property in Noida". 20 July 2019. Retrieved 6 May 2017.
  20. ↑ "Google Maps". Google.co.in. Retrieved 6 May 2017.
  21. ↑ "A special school for special children - Times of India". Timesofindia.indiatimes.com. 4 August 2009. Retrieved 6 May 2017.
  22. ↑ "Archived copy". Archived from the original on 28 March 2015. Retrieved 27 February 2015.CS1 maint: archived copy as title (link)
  23. ↑ "Noida Diary: MATA BHAGWANTI CHADHA NIKETAN (MBCN) - Charitable Special School in Noida". Noidadiary.blogspot.in. 13 February 2014. Retrieved 6 May 2017.
  24. ↑ "Archived copy". Archived from the original on 27 February 2015. Retrieved 27 February 2015.CS1 maint: archived copy as title (link)
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