The Wave Group
 | |
| ISIN | 🆔 |
|---|---|
| Industry | Manufacturing, Real Estate, Education, Sports, Entertainment |
| Founded 📆 | 1963 |
| Founder 👔 | Mr. Kulwant Singh Chadha |
| Headquarters 🏙️ | , |
Area served 🗺️ | |
| 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. Manpreet Singh Chadha (Monty Chadha) (Vice Chairman) |
| Members | |
Number of employees | 5,001–10,000 |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
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 and production in India.[2] The conglomerate has been growing under the leadership of Manpreet Singh Chadha (known as Monty Chadha), Vice Chairman of the group.[3]
History
Envisioned by the late Kulwant Singh Chadha, the Wave Group was established in 1963.[4] Starting as a sugar cane crushing business, the group's major industrial diversification began with the paper manufacturing unit in Bilaspur, Uttar Pradesh, a steel plant in Dhanaura, Uttar Pradesh, and finally diversified into real estate, with the opening of the popular Centerstage Mall (now Wave Mall).[5] It is located 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:
- Sugar – The Wave Group owns and operates a total of seven sugar mills in Uttar Pradesh and one in Punjab.[7][1]
- Steel – The Wave Group steel plant facility began commercially producing steel in 2013. The facility includes melting, rolling, and ready-made steel manufacturing, and is based in Dhanaura, Uttar Pradesh.[8]
- Paper – The Wave Group manufactures kraft and semi-kraft paper from a plant in Bilaspur.[1]
- Distillery – Brands produced at Wave Distilleries include Raffles, Evening Special, and Divine Special Premium. As a result of implementing eco-friendly processes, the distillery in Punjab has received carbon credits.[9]
- Beverages – Wave Beverages Private Limited owns and runs a beverage plant in Amritsar, Punjab. It is one of the nine franchises of Coca-Cola India Ltd.[1][10]
- Green Power – The Wave Group has established power cogeneration facilities at two of its sugar units in Dhanaura, Uttar Pradesh and Dasuya, Punjab. The plants generate green power using 'bagasse' – a residue from the cane sugar manufacturing process.[11]
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 won the national championship at the 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 2005. Wave started film exhibition through Wave Cinemas, a premium multiplex chain. By 2014, it had distributed over 150 Bollywood blockbusters.[16] In addition to India, the global distribution network covers a range of countries including Nepal, Bhutan, the 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 fibre optic technology, a waste and water management system, a weather substation, 24x7 CCTV surveillance, intelligent traffic management, a smart metering system, a central command centre, and more. The project also has hospitals, educational institutions, an ISKCON Temple, local shopping centres, malls[18], and multiplexes in close vicinity. Wave City, adjacent to NH 24 Ghaziabad, is a society where you will find state-of-the-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 and residential development, built 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 in 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 facilities that 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 centre for children with intellectual impairment, cerebral palsy, autism spectrum disorder, hearing impairment, providing early intervention, speech therapy, and support for multiple disabilities.[21][22] Endeavouring to grant maximum independence to the differently abled, the institute also runs specialised vocational training programmes and eco-friendly paper product manufacturing workshops.[23][24]
References
- ↑ 1.0 1.1 1.2 1.3 "Rag to riches tale - Times of India". Timesofindia.indiatimes.com. 2012-11-18. Retrieved 2017-05-06.
- ↑ "A leading business conglomerate". The Wave Group. Retrieved 2017-05-06.
- ↑ https://medium.com/@khalid_Ibrahim/know-more-about-manpreet-singh-chadha-how-he-helps-to-build-the-nation-4316e14dcb49
- ↑ "MindRush". Businesstoday.intoday.in. Retrieved 2017-05-06.
- ↑ "Boom time for Noida movie-goers as no. of screens set to double in a year - Times of India". Timesofindia.indiatimes.com. Retrieved 2017-05-06.
- ↑ "Ponty Chadha: The 'strange' life of slain Indian tycoon". Bbc.co.uk. Retrieved 2017-05-06.
- ↑ "Sugar Business of The Wave Group". Thewavegroup.com. 2015-03-31. Retrieved 2017-05-06.
- ↑ "Know about Steel Plant of The Wave Group". Thewavegroup.com. Retrieved 2017-05-06.
- ↑ "Distilleries Business of The Wave Group". Thewavegroup.com. Retrieved 2017-05-06.
- ↑ "Archived copy". Archived from the original on 2014-07-24. Retrieved 2014-07-18. Unknown parameter
|url-status=ignored (help)CS1 maint: Archived copy as title (link) - ↑ "Wave Group initiated Green Power plant to reduce the pollution of manufacturing units". Thewavegroup.com. Retrieved 2017-05-06.
- ↑ "Best Residential Schools in India - About Us". Genesis Global School. 2016-04-17. Retrieved 2017-05-06.
- ↑ "Archived copy". Archived from the original on 2014-07-26. Retrieved 2014-07-18. Unknown parameter
|url-status=ignored (help)CS1 maint: Archived copy as title (link) - ↑ "Genesis Global School wins national championship at inaugural F1 in Schools India - Times of India". The Times of India. Retrieved 2018-09-27.
- ↑ "Hero Hockey India League 2014 (HIL): Top 10 players to watch". Telegraph. 2014-01-20. Retrieved 2017-05-06.
- ↑ "The Entertainment Business of The Wave Group". Thewavegroup.com. Retrieved 2017-05-06.
- ↑ Wave City Swamanorath NH24 Ghaziabad, Location
- ↑ "Best Shopping Malls | Green Malls in India". Malls.thewavegroup.com. Retrieved 2017-05-06.
- ↑ "Residential and Commercial Property in Noida". 2019-07-20. Retrieved 2017-05-06.
- ↑ "Google Maps". Google.co.in. Retrieved 2017-05-06.
- ↑ "A special school for special children - Times of India". Timesofindia.indiatimes.com. 2009-08-04. Retrieved 2017-05-06.
- ↑ "Archived copy". Archived from the original on 2015-03-28. Retrieved 2015-02-27. Unknown parameter
|url-status=ignored (help)CS1 maint: Archived copy as title (link) - ↑ "Noida Diary: MATA BHAGWANTI CHADHA NIKETAN (MBCN) - Charitable Special School in Noida". Noidadiary.blogspot.in. 2014-02-13. Retrieved 2017-05-06.
- ↑ "Archived copy". Archived from the original on 2015-02-27. Retrieved 2015-02-27. Unknown parameter
|url-status=ignored (help)CS1 maint: Archived copy as title (link)
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