Surat

India Accelerator has inaugurated a state-of-the-art co-working center in Surat, aiming to nurture startups, entrepreneurs, and small businesses in the region. The facility offers flexible workspaces, mentorship programs, networking opportunities, and access to funding resources, reflecting the growing trend of innovation-led urban ecosystems. By establishing a presence in Surat, India Accelerator seeks to catalyze entrepreneurship outside traditional metro hubs, fostering a culture of collaboration and business growth.

JK Lakshmi Cement is stepping up its sustainability agenda by boosting its solar power capacity and modernizing its Surat grinding unit. These initiatives align with the company’s long-term vision of cutting carbon intensity, enhancing operational efficiency, and reducing dependence on conventional energy sources. By focusing on renewable integration and capacity optimization, JK Lakshmi Cement positions itself not only as a key player in India’s cement industry but also as a responsible corporate leader responding to environmental imperatives and evolving market dynamics.

The recent hike in US tariffs on Indian exports has triggered significant disruptions across key industrial clusters in Tirupur, Noida, and Surat. These hubs, known for textiles, garments, and diamond processing, have been forced to slow down or halt production due to reduced demand and escalating operational costs. The development threatens thousands of jobs and risks undermining India’s export-driven growth in these sectors.

Steamhouse India, a Surat-based industrial steam and gas supplier, has initiated the process for an initial public offering (IPO) through a confidential pre-filing route, aiming to raise between Rs 500 crore and Rs 700 crore. Founded in 2014 under the Sanjoo group’s industrial legacy, the company reported Rs 291.71 crore in revenue and Rs 25.97 crore in profit for FY24.

In a remarkable display of coordination and compassion, Surat Airport remained operational an extra hour on Wednesday night to facilitate the arrival of a delayed Air India Express flight carrying the mortal remains of a terror attack victim. The flight, originally scheduled to depart earlier, was intentionally delayed to accommodate the transfer of the remains and ensure the timely arrival of the deceased’s family.