Wave Group

The Wave Group
Industry Manufacturing, Real Estate, Education, Sports, Entertainment
Founded 1963
Founder Mr. 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
Owner Mr. 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 diversified business conglomeration, which has an expansive portfolio of businesses, including sugar manufacturing, distilleries and breweries, real estate, malls and multiplexes, beverages, sports, education and entertainment.[1] Over the course of 50 years, the group has expanded across multiple segments in Manufacturing & Production in India.[2] The Wave Group’s exponential growth & productivity is the result of their policy to efficiently and effectively optimize its diverse businesses. The conglomerate has been continuously growing under the able hands of Mr. Manpreet Singh (Monty) Chadha, Vice Chairman of the group.

History

Envisioned by Late Mr. 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.

After the demise of Mr Gurdeep Singh (Ponty) Chadha, his son Mr. Manpreet Singh (Monty) Chadha took the reins of Wave Group and has been successfully leading the 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[6][7]

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.[16] In 2013, the Genesis Global School was ranked 5th in a survey of schools across India by the Hindustan Times.[17]

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.[18] 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.[19] In addition to India, the global distribution network covers a range of countries that include Nepal, Bhutan, United States and the UK.

Wave City

Wave City[20] 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[21] and multiplexes in the close vicinity.

Wave City Center

Wave City Center[22] is an integrated township by Wave Infratech, spanning across a sizeable area in Sector 32, Noida. Wave City Center[23] 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 Premium & Ultra Luxury Serviced Residences, Multi-use Studio Apartments, Premium Offices, High Street Shop Condominiums and Retail Shops.

Wave Estate

Wave Estate[24] is a fully gated community in Greater Mohali, Punjab. Spread across 300 acres, Wave Estate offers luxury villas, plots, floors and housing condominiums. Wave Estate is located strategically at the heart of Mohali in Sector 85 and Sector 99.

Wave One

Wave One[25] - a 41-storey structure, with over 2 million sq. ft. of built-up area, is set in the heart of Sector 18,[26] 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.

Corporate Social Responsibility

Mata Bhagwanti Chadha Niketan

Another successful effort of the Wave Group in promoting special education, the Mata Bhagwanti Chadha Niketan (MBCN), founded in the year 1999 in Noida. MBCN is a charitable school and rehabilitation center for the differently abled children with intellectual impairment, cerebral palsy, autism spectrum disorder, hearing impairment and multiple disabilities.[27][28] Endeavouring to grant maximum independence to the differently abled, the institute also runs specialized vocational training programs and eco-friendly paper product manufacturing workshops.[29][30]

Ponty Chadha Foundation

The Ponty Chadha Foundation was set up by the wife of Ponty Chadha, Mrs. Jatinder Kaur Chadha.[31] The Ponty Chadha Foundation is involved in a number of socially responsible activities in line with the foundation's belief of giving back to society and caring for others.[32][33] The Ponty Chadha Foundation undertakes a plethora of socially responsible activities keeping in line with its belief to give back to society and care for people. The initiative has also begun collaborating with the India Food Banking Network (IFBN) to provide food essentials to the lesser privileged population in Ghaziabad and Noida.

References

  1. ↑ http://timesofindia.indiatimes.com/city/lucknow/Rag-to-riches-tale/articleshow/17261429.cms
  2. ↑ http://www.thewavegroup.com/overview.php
  3. ↑ http://businesstoday.intoday.in/bt-mindrush/sponsors.jsp
  4. ↑ http://timesofindia.indiatimes.com/business/india-business/Boom-time-for-Noida-movie-goers-as-no-of-screens-set-to-double-in-a-year/articleshow/51987444.cms
  5. ↑ http://www.bbc.co.uk/news/world-asia-india-20405472
  6. ↑ http://property.magicbricks.com/wave-infratech.html
  7. ↑ http://www.commonfloor.com/wave-infratech-pvt-ltd/builder/ad4283
  8. ↑ http://www.thewavegroup.com/sugar.php
  9. ↑ http://timesofindia.indiatimes.com/city/lucknow/Rag-to-riches-tale/articleshow/17261429.cms
  10. ↑ http://www.thewavegroup.com/steel.php
  11. ↑ http://timesofindia.indiatimes.com/city/lucknow/Rag-to-riches-tale/articleshow/17261429.cms
  12. ↑ http://www.thewavegroup.com/distilleries.php
  13. ↑ http://timesofindia.indiatimes.com/city/lucknow/Rag-to-riches-tale/articleshow/17261429.cms
  14. ↑ http://www.coca-colaindia.com/presscenter/city_final_bhathinda.html
  15. ↑ http://www.thewavegroup.com/green-power.php
  16. ↑ http://www.genesisglobalschool.com/aboutggsoverview.asp?links=abo1
  17. ↑ http://www.hindustantimes.com/specials/education/NCRSchool2013/InternationalSchools.aspx
  18. ↑ http://www.telegraph.co.uk/sport/olympics/hockey/10601713/Hero-Hockey-India-League-2014-HIL-Top-10-players-to-watch.html
  19. ↑ http://www.thewavegroup.com/entertainment.php
  20. ↑ http://www.sarthakestates.com/wave-floor-with-subvention-scheme-at-wave-city-nh-24-ghaziabad/
  21. ↑ http://malls.thewavegroup.com/
  22. ↑ http://www.commonkeys.com/wave-city-center-noida/
  23. ↑ http://articles.economictimes.indiatimes.com/2015-04-29/news/61652535_1_wave-infratech-luxury-housing-project-wave-city-center
  24. ↑ http://www.colorsproperties.in/wave-estate.php
  25. ↑ http://www.heliosdevelopers.com/wave-one-noida.php
  26. ↑ https://www.google.co.in/maps/place/Sector+18,+Noida,+Uttar+Pradesh+201301/@28.5697094,77.3183317,16z/data=!3m1!4b1!4m2!3m1!1s0x390ce44f2ca1470f:0x8cff905b6cbfb433
  27. ↑ http://timesofindia.indiatimes.com/life-style/people/A-special-school-for-special-children/articleshow/4855237.cms
  28. ↑ http://www.mbcnschool.org/
  29. ↑ http://noidadiary.blogspot.in/2014/02/mata-bhagwanti-chadha-niketan-mbcn.html#.VPAoZvmUchs
  30. ↑ http://www.news18.com/news/uttar-pradesh/mata-bhagwanti-chadha-niketan-school-celebrates-its-16th-annual-day-688107.html
  31. ↑ http://thepontychadhafoundation.com/who-we-are.php
  32. ↑ http://www.thewavegroup.com/csr.php
  33. ↑ http://articles.economictimes.indiatimes.com/2013-11-20/news/44285275_1_food-banks-noida-and-ghaziabad-food-security
This article is issued from Wikipedia - version of the 10/19/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.