KEF Holdings' Chairman Faizal E. Kottikollon appointed to SRTIP Board of Directors
Sharjah: Faizal E. Kottikollon, Founder and Chairman of KEF Holdings, has been appointed to the prestigious board of directors at the Sharjah Research, Technology, and Innovation Park (SRTIP). This appointment represents a significant milestone for KEF Holdings, with Faizal Kottikollon bringing his expertise and entrepreneurial vision to contribute to the development of SRTIP under the leadership of Sheikha Bodour Bint Sultan Bin Mohammed Al Qasimi.
SRTIP is poised to become a leading hub for cutting-edge research, technological advancements, and innovation in the region. The inclusion of Faizal Kottikollon on the board of directors reinforces KEF Holdings' commitment to innovation and sustainable impact in the fields of offsite construction, healthcare, education, and clinical wellness.
The esteemed board of directors comprises distinguished individuals such as His Royal Highness Prince Khaled bin Alwaleed bin Talal bin Abdulaziz Al Saud, Sheikh Dr. Majid bin Sultan Al Qasimi, Dr. Abdulaziz Saeed bin Butti Al Muhairi, Dr. Hamid M.K. Al Naimiy, Hussain Mohammed Al Mahmoudi, Dr. Susan Mumm, Najla Ahmed Al Midfa, Ahmed Obaid Al Qaseer, Khaled Issa Al Huraimel, Dr. Aisha Bint Butti Bin Bishr, Adel Abdullah Ali, Samer Salim Al Sayegh, Abdulaziz Basem Al Loughani, Mudassir Sheikha, and Alisha Moopen. Together, they will shape the strategic direction of SRTIP.
Faizal Kottikollon expressed his enthusiasm for the collaboration with SoiLAB, a venture within SRTIP, which aims to cultivate an environment conducive to creativity, technological advancement, and lasting impact on innovation, entrepreneurship, and technological progress not only in Sharjah but also beyond.
Faizal is the son of renowned Malayali entrepreneur and philanthropist PK Ahammed, Chairman of Peekay Group of Companies. He is married to Shabana Faizal, daughter of Late B Ahmed Haji Mohiudeen, Founder of B A Group, Thumbay, and a prominent business and community leader.
About KEF Group
KEF Holdings invest in businesses that are innovative, sustainable, cost-effective, and deliver positive disruptive solutions across core business sectors encompassing infrastructure, healthcare, and technology, to benefit society and build a better tomorrow.
It has a 20-year legacy of building successful businesses. It began its journey in 1995 with the opening of Al Ahamadi General Trading in Ajman, following this it launched a world-class Foundry, and a valve trading company JC Middle East. It then created Emirates Techno Casting, an integrated facility incorporating cutting-edge engineering and design lab, the world’s largest automatic molding line, steel refining furnace, machine shop, and research and development lab, rated among the top 3 technologically advanced foundries in the world.
In 2012 Tyco International, bought the business for USD 400 million, becoming the impetus for the launch of KEF Holdings' two new verticals KEF Investments and KEF Infra. KEF Investments, have built a global investment portfolio by capitalizing on low-risk, high-income opportunities in growing markets.
In the year 2018, KEF Infra announced a strategic merger with Katerra, the Menlo Park US-based technology company, revolutionizing the design and construction industries.
Staying true to its belief of being a social enterprise the company, in close collaboration with stakeholders in the public and private sectors, actively drives, funds, and supports high-impact social activities undertaken by the Faizal & Shabana Foundation
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Karnataka Milk Federation enters Delhi-NCR, offers competitive pricing on Nandini products
New Delhi, Nov 21: Karnataka Chief Minister Siddaramaiah on Thursday launched the Karnataka Milk Federation's (KMF) Nandini brand milk products in the Delhi-NCR market, pricing them marginally lower than competitors to gain a foothold in the region.
The cooperative will retail four cow milk variants, curd, and buttermilk from Friday, with competitive pricing that undercuts established players like Mother Dairy and Amul.
Cow milk will be sold at Rs 56 per litre, full Cream Milk at Rs 67 per litre, Standardised Milk at Rs 61 per litre, Toned Milk at Rs 55 per litre, and curd at Rs 74 per kg.
"We have surplus milk in the state. KMF along with Mandya Milk Union will market surplus milk of 3-4 lakh litres per day in Delhi-NCR," Siddaramaiah told reporters after launching the products.
The federation currently collects 100 lakh litres of milk daily, with local consumption at 60 lakh litres, leaving a surplus of 40 lakh litres for expansion into new markets.
However, the Chief Minister acknowledged the challenges of transporting milk over 2,500 km, which takes 50-54 hours.
There is a need to find new markets for surplus milk and gradually the KMF should be able to sell 5-6 lakh litres per day in Delhi-NCR, he added.
KMF Chairman LBP Bheemanaik assured that milk quality would be maintained during transit.
The federation has already partnered with 40 dealers in the Delhi-NCR region to facilitate sales, he added.
With a robust infrastructure of 26.76 lakh milk producers, 15,737 dairy cooperative societies, and 15 district milk unions, KMF has a turnover of Rs 25,000 crore and exports dairy products to over 25 countries.
State Animal Husbandry Minister K Venkatesh and Agriculture Minister N Cheluvarayaswamy were present at the product launch.
ದೇಶದ ಹಾಲು ಉತ್ಪಾದನೆಯಲ್ಲಿ ಗುಜರಾತ್ ಮೊದಲ ಸ್ಥಾನದಲ್ಲಿದ್ದರೆ, ಕರ್ನಾಟಕ ಎರಡನೇ ಸ್ಥಾನದಲ್ಲಿದೆ.
— Siddaramaiah (@siddaramaiah) November 21, 2024
ದೆಹಲಿ ನಗರದಲ್ಲಿ ಕೆ.ಎಂ.ಎಫ್ ಮತ್ತು ಮಂಡ್ಯ ಹಾಲು ಒಕ್ಕೂಟಗಳು ಸೇರಿಕೊಂಡು ವಿವಿಧ ಶ್ರೇಣಿಯ ಹಾಲನ್ನು ಮಾರುಕಟ್ಟೆಗೆ ಬಿಡುಗಡೆ ಮಾಡಿವೆ. ದೆಹಲಿಯ ನಿವಾಸಿಗಳಿಂದ ನಂದಿನಿ ಉತ್ಪನ್ನಗಳಿಗೆ ಅತ್ಯುತ್ತಮ ಸ್ಪಂದನೆ ದೊರೆಯಲಿದೆ ಎಂಬ ವಿಶ್ವಾಸ ನನಗಿದೆ.… pic.twitter.com/yUmTQknGzD
