City
Epaper

Last Mile Enterprises Ltd. forays into New Business Ventures

By ANI | Updated: June 14, 2023 14:45 IST

NewsVoirNew Delhi [India], June 14: Last Mile Enterprises Ltd. (LMEL) is excited to announce its expansion into three ...

Open in App

NewsVoir

New Delhi [India], June 14: Last Mile Enterprises Ltd. (LMEL) is excited to announce its expansion into three new business divisions: specialty paints, real estate, and agriculture. These strategic additions demonstrate LMEL's commitment to diversifying its offerings and meeting the evolving needs of its clients.

LMEL's entry into the paint industry is marked by the introduction of the innovative coating solution, "Sun Bless". Developed by Miyakawa Industries Ltd. Japan, Sun Bless is one of the world's first patented solutions for Innovative, High-Quality, Eco-Friendly All-Weather Protection. This breakthrough product offers numerous benefits to a diverse range of structures, including residences, factories, infrastructure, commercial spaces, and transportation.

Sun Bless delivers substantial energy cost savings, reducing energy consumption by 30-40%. It is designed to work efficiently in both extreme hot and cold climates, effectively reducing temperatures in hot environments and increasing temperatures in cold environments by approximately 20% plus or minus.

As part of its initial strategy, LMEL will concentrate on business-to-business (B2B) operations, catering to bulk order quantities. The Sun Bless paint proves particularly advantageous for pharmaceutical companies, enabling them to achieve significant energy savings, especially in HVAC requirements. Moreover, adopting Sun Bless allows these companies to earn valuable Carbon Credits. LMEL has already successfully completed a pilot project for a large pharmaceutical company, resulting in energy savings of over 30% during the test period.

LMEL is also engaging in discussions with real estate players, highlighting the energy-saving and ESG (Environmental, Social, and Governance) compliance benefits of the Sun Bless paint. Additionally, developers implementing ESG-compliant work can enjoy extra Floor Space Index (FSI) for each ESG-compliant project.

Another major target segment for LMEL's innovative product is government institutions operating in extreme climate conditions or departments with high energy consumption. The Sun Bless paint's capabilities make it an ideal solution for such entities.

- Real Estate

LMEL is proud to announce its involvement in two residential real estate projects located in Matunga, Mumbai. The company has already commenced work on these projects, further demonstrating its commitment to the real estate sector.

- Agriculture

LMEL's entry into the agriculture sector brings forth an innovative digital platform designed to facilitate transparent agricultural transactions between buyers and sellers. This platform will act as an intermediary between sellers, mostly farmers, and buyers, predominantly corporates. It will enable seamless transactions and foster mutually beneficial relationships. The platform's initial focus will be on facilitating transactions with government agencies that have substantial stocks to dispose of, ensuring a transparent and fair process.

LMEL is excited about its new business ventures and remains committed to delivering innovative and sustainable solutions across various industries.

Last Mile Enterprises Ltd. is a leading provider of innovative solutions and services, dedicated to meeting the unique needs of its clients. With a commitment to sustainability and quality, LMEL strives to deliver excellence in all its ventures.

(Disclaimer: The above press release has been provided by NewsVoir.will not be responsible in any way for the content of the same)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Last mile enterprises ltd.Miyakawa industries ltd.mumbaiMumbai SattaT20 Mumbai LeagueMumbai IndiansMumbai LeagueNew DelhiMumbai North WestMumbai NorthNew Delhi Lok SabhaMumbai North Lok Sabha
Open in App

Related Stories

MaharashtraOver 10,000 Pakistani Nationals Traced in Maharashtra and Delhi Post-Palgham Terror Attack

MumbaiMumbai: Protest Against Pahalgam Attack Turns Violent in Vakola, Leaving Young Boy Seriously Injured (Watch Video)

MumbaiMumbai Fire: Major Blaze Erupts at ED Office in South Mumbai’s Ballard Estate; No Casualties Reported

MumbaiIqbal Kaskar, Dawood Ibrahim’s Brother, Acquitted in 2017 Thane Extortion Case by Mumbai Court

MumbaiMumbai’s Iconic Elphinstone Bridge Closure Postponed Till Monday After Citizens Protest

Business Realted Stories

BusinessMarket valuation of six top 10 firms jumps by Rs 1.18 lakh crore this week

BusinessPolicy continuity-stability, thrust on infra, demographic dividend among factors that will further India's growth story: RBI Governor

BusinessAther Energy IPO: GMP slips ahead of subscription opening as revenue stagnant

BusinessIndia's forex reserve rises for 7th week, gradually climbing towards all-time high

BusinessCII floats 5-point plan to cut pendency of court cases