Wave Group

Last updated

The Wave Group
Industry Manufacturing, Real Estate, Education, Sports, Entertainment
Founded1963
FounderMr. Kulwant Singh Chadha
Headquarters
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. Rajinder Singh Chadha (Chairman), Mr. Manpreet Singh (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, Vice Chairman of the group.

Manufacturing industrial activity producing goods for sale using labor and machines

Manufacturing is the production of products for use or sale using labour and machines, tools, chemical and biological processing, or formulation, and is the essence of secondary industry. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial design, in which raw materials from primary industry are transformed into finished goods on a large scale. Such finished goods may be sold to other manufacturers for the production of other more complex products, or distributed via the tertiary industry to end users and consumers.

Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings, or housing." It is a legal term used in jurisdictions whose legal system is derived from English common law, such as India, England, Wales, Northern Ireland, United States, Canada, Pakistan, Australia, and New Zealand.

Education Learning in which knowledge and skills is transferred through teaching

Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits. Educational methods include storytelling, discussion, teaching, training, and directed research. Education frequently takes place under the guidance of educators, however learners may also educate themselves. Education can take place in formal or informal settings and any experience that has a formative effect on the way one thinks, feels, or acts may be considered educational. The methodology of teaching is called pedagogy.

Contents

History

Envisioned by late Kulwant Singh Chadha, the Wave Group was established in 1963. [3] 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) [4] in Noida's business centre, Sector 18.

Uttar Pradesh State in India

Uttar Pradesh is a state in northern India. With roughly 200 million inhabitants, it is the most populous state in India as well as the most populous country subdivision in the world. It was created on 1 April 1937 as the United Provinces of Agra and Oudh during British rule, and was renamed Uttar Pradesh in 1950. The state is divided into 18 divisions and 75 districts with the capital being Lucknow. The main ethnic group is the Hindavi people, forming the demographic plurality. On 9 November 2000, a new state, Uttarakhand, was carved out from the state's Himalayan hill region. The two major rivers of the state, the Ganga and Yamuna, join at Allahabad (Prayagraj) and then flow as the Ganga further east. Hindi is the most widely spoken language and is also the official language of the state.

After the death of Gurdeep Singh Chadha, his son Manpreet Singh Chadha has led the Wave Group since 2012. [5]

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

Retail Sale of goods and services from individuals or businesses to the end-user

Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit. Retailers satisfy demand identified through a supply chain. The term "retailer" is typically applied where a service provider fills the small orders of a large number of individuals, who are end-users, rather than large orders of a small number of wholesale, corporate or government clientele. Shopping generally refers to the act of buying products. Sometimes this is done to obtain final goods, including necessities such as food and clothing; sometimes it takes place as a recreational activity. Recreational shopping often involves window shopping and browsing: it does not always result in a purchase.

Manufacturing

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

Sugar Generic name for sweet-tasting, soluble carbohydrates

Sugar is the generic name for sweet-tasting, soluble carbohydrates, many of which are used in food. The various types of sugar are derived from different sources. Simple sugars are called monosaccharides and include glucose, fructose, and galactose. "Table sugar" or "granulated sugar" refers to sucrose, a disaccharide of glucose and fructose. In the body, sucrose is hydrolysed into fructose and glucose.

Punjab Region in South Asia

The Punjab, also spelled and romanised as Panjāb, is a geopolitical, cultural and historical region in South Asia, specifically in the northern part of the Indian subcontinent, comprising areas of eastern Pakistan and northern India. The boundaries of the region are ill-defined and focus on historical accounts.

Steel alloy made by combining iron and other elements

Steel is an alloy of iron and carbon, and sometimes other elements. Because of its high tensile strength and low cost, it is a major component used in buildings, infrastructure, tools, ships, automobiles, machines, appliances, and weapons.

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. [11] In 2013, the Genesis Global School was ranked 5th in a survey of schools across India by the Hindustan Times. [12] In early 2018, Genesis Global School wins national championship at inaugural F1 in Schools India. [13]

Noida City / Urban Agglomeration in Uttar Pradesh, India

Noida, short for the New Okhla Industrial Development Authority, is a planned city under the management of the New Okhla Industrial Development Authority. It is a satellite city of Delhi and is part of the National Capital Region of India. As per provisional reports of Census of India, the population of Noida in 2011 was 642,381. Noida is located in Gautam Buddh Nagar district of Uttar Pradesh state in close proximity to NCT of Delhi. The district's administrative headquarters are in the nearby town of Greater Noida. However, the district's highest government official, the District Magistrate (DM), has its official camp office in Sector 27, Noida.

Technology making, modification, usage, and knowledge of tools, machines, techniques, crafts, systems, and methods of organization

Technology is the sum of techniques, skills, methods, and processes used in the production of goods or services or in the accomplishment of objectives, such as scientific investigation. Technology can be the knowledge of techniques, processes, and the like, or it can be embedded in machines to allow for operation without detailed knowledge of their workings. Systems applying technology by taking an input, changing it according to the system's use, and then producing an outcome are referred to as technology systems or technological systems.

Culture Social behavior and norms found in society

Culture is an umbrella term which encompasses the social behavior, and norms found in human societies, as well as the knowledge, beliefs, arts, laws, customs, capabilities and habits of the individuals in these groups.

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. [14] 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. [15] 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 [16] 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 [17] 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 [18] 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, [19] 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. [20] [21] Endeavouring to grant maximum independence to the differently abled, the institute also runs specialized vocational training programs and eco-friendly paper product manufacturing workshops. [22] [23]

Related Research Articles

Harit Pradesh Proposed state in India

Harit Pradesh is a proposed new state of India comprising the western parts of Uttar Pradesh state. Harit means Green which signifies the agricultural prosperity of the region and Pradesh means state. The region has some demographic, economic and cultural patterns that are distinct from other parts of Uttar Pradesh, and more closely resemble those of Haryana, Punjab and Rajasthan states.

Greater Noida City in Uttar Pradesh, India

Greater Noida City is a city with a population in excess of 100,000, located in the Gautam Budh Nagar district of the Indian state of Uttar Pradesh. The city was created under the UP Industrial Area Development Act, 1976. It is a part of the National Capital Region (NCR) of India. Situated 30 km south-east of the capital city of New Delhi, it takes around 30 minutes to travel between the cities via the Noida-Greater Noida Expressway.

Dhanaura city in Uttar Pradesh, India

Dhanaura is a city and a municipal board in Amroha district in the state of Uttar Pradesh, India. Dhanaura is also known as Mandi Dhanaura, its native name.

Rudrapur, Uttarakhand City in Uttarakhand, India

Rudrapur is a city in Udham Singh Nagar district in the Indian state of Uttarakhand. Located at a distance of about 250 km (160 mi) northeast of New Delhi and 250 km (160 mi) south of Dehradun, Rudrapur has a history of over 500 years. It was established in the 16th century by King Rudra Chand, and was the residence of the governor of Tarai region of Kumaon. The city continues to serve as the headquarters of the Udham Singh Nagar district apart from being a major industrial and educational hub today.

Delhi Public School may refer to:

Economy of Uttar Pradesh

The economy of Uttar Pradesh is the fourth largest of all the states of India. According to the state budget for 2017–18, Uttar Pradesh's gross state domestic product is 16.89 lakh crore (US$240 billion). The largest Indian state, Maharashtra, has an urban population of 50,818,259, while Uttar Pradesh has an urban population of 44,495,063. According to the 2011 census report, 100% of Uttar Pradesh's population lives in urban areas. The state has 7 cities with populations exceeding 1 million each. After partition in 2000, the new Uttar Pradesh state produces about 92% of the economic output of the old Uttar Pradesh state. In 2011, the Tendulkar committee reported that 29.43% of Uttar Pradesh's population is poor, while the Rangarajan committee reported that 39.8% of the population is poor.

The Jewar Airport is a proposed airport to be constructed in Jewar in Gautam Budh Nagar district of Uttar Pradesh. The Yamuna Expressway Industrial Development Authority (YEIDA) will be the implementing agency on behalf of the Uttar Pradesh State Government. The airport is to be developed on a Public Private Partnership model (PPP) The airport, expected to be completed by 2022, will be able to handle 5 million passengers per annum (MPA) initially and up to 60 MPA after expansion over 30 years.

The Delhi–Mumbai Industrial Corridor Project (DMIC) is a planned industrial development project between India's capital, Delhi and its financial hub, Mumbai.The DMIC project was launched in pursuance of an MOU signed between the Government of India and the Government of Japan in December 2006. It is one of the world's largest infrastructure projects with an estimated investment of US$90 billion and is planned as a high-tech industrial zone spread across six states, as well as Delhi, the national capital and itself a Union Territory. The investments will be spread across the 1,500 km long Western Dedicated Freight Corridor which will serve as the industrial corridor's transportation backbone.

The Great India Place Shopping mall in Noida, India

The Great India Place is a shopping mall in Noida, Uttar Pradesh, India. It is popularly known as GIP Mall. It is one of the largest malls in the country. The mall features a wide selection of national and international retail outlets. This grand shopping mall also shares its boundary with Worlds of Wonder, a major Amusement Park in the city. The Great India Place, Gardens Galleria Mall, Worlds of Wonder (WOW), Kidzania and Decathlon are all part of the larger Entertainment City Limited development on 150 acre land in the most expensive commercial hub of Noida in Delhi NCR.

Havells Electronics Company in India

Havells India Limited is one of the largest electrical equipment companies in India. In business since 1958, the company has products ranging from home and kitchen appliances, lighting for domestic, commercial and industrial applications, LED lighting, fans, modular switches and wiring accessories, water heaters, industrial and domestic circuit protection switchgear, industrial and domestic cables and wires, induction motors, and capacitors among others.

Greater Noida Institute of Technology educational institute

Greater Noida Institute of Technology (GNIOT) is an engineering college in Greater Noida, Uttar Pradesh, India. It has been approved by All India Council Of Technical Education and is affiliated to Dr. A.P.J. Abdul Kalam Technical University, Lucknow. At present it offers courses at both undergraduate and post graduate levels.

Gurdeep Singh Chadha, also known as Ponty Chadha, was an Indian businessperson who owned the Wave Group.

Delhi Waveriders

Delhi Waveriders (DLW) is a field hockey franchise based in Delhi that plays in the Hockey India League. It is owned by The Wave Group. The captain of the team for HIL 2016 is Simon Child with Rupinder Pal Singh being the Vice-Captain of the team. Mr. Cedric Dsouza is the chief coach of the team for HIL2016.

Radico Khaitan Ltd. (RKL), formerly Rampur Distillery & Chemical Company Ltd., is an Indian company that manufactures industrial alcohol, Indian Made Foreign Liquor (IMFL), country liquor and fertilizers. It is the fourth largest Indian liquor company,. Radico brands are sold in more than 60 countries, including USA, Canada, South America, Africa, Europe, South East Asia and the Middle East.

Noida Metro rapid transit system serving Noida and Greater Noida in the National Capital Region of India

The Noida Metro is a rapid transit system connecting the twin cities of Noida and Greater Noida in Gautam Buddh Nagar, Uttar Pradesh, India. The Phase-1 has been successfully completed at a cost of Rs 5,503 crore, while Phase-2 is planned.

Make in India Swadeshi movement

Make in India, a type of Swadeshi movement covering 25 sectors of the Indian economy, was launched by the Government of India on 25 September 2014 to encourage companies to manufacture their products in India and enthuse with dedicated investments into manufacturing.

The Lucknow-Azamgarh-Ballia- Expressway now renamed as Purvanchal Expressway is an under construction 6-lane, divided and access-controlled highway, in India's Uttar Pradesh state. The expressway will connect the historic towns of Ballia and Azamgarh with the state capital, Lucknow. It is to be developed by the Uttar Pradesh Expressway Industrial Development and Authority.

Omaxe Limited is a privately held real estate developer based in New Delhi, India. Founded by Mr. Rohtas Goel in 1989, the company has delivered more than 100 million sq. ft. of developed space including apartments, plots and commercial units. The company has a land bank of approx. 3,700 acres comprising 125 million sq. ft. of area, which is to be developed in the future. From metros to the tier I, II and III cities, it has established presence in 27 cities across 8 states namely Delhi NCR, Uttar Pradesh, Uttarakhand, Madhya Pradesh, Himachal Pradesh, Punjab, Haryana, and Rajasthan.

References

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