Santowin Corporation (SCL) was incorporated in 1986. Earlier known as Santowin Polyesters, the company changed its name to Santowin Corporation in February, 2011. The company is based in Mumbai, India.
Business of the company:
SCL has been engaged in the business of textiles since its inception in 1986. SCL has widened its horizons to multiple sectors including gold mining, technology, real estate, fitness and education.
Gold Minning: SCL has entered into an agreement in Ghana for the purpose of Gold Mining in 2011. SCL has entered into a Joint Venture with a local African Mine located in the interiors of Ghana, admeasuring 25 acres. SCL will be extracting gold and exporting the same to different countries. SCL has incorporated a wholly owned subsidiary in Ghana under the name of Santowin Corporation (Ghana) for the same. The business will be generating revenue of upwards of 100 million USD over the next 5 years.
Technology: Unit of SCL specializes in Mobile Applications creating cool innovative products. Headquartered in Mumbai, India, with a dedicated team of 25 people, MOBOX Tech is poised for growth. MOBOX Tech is one of India’s first Mobile Application development company on all leading and popular platforms. MOBOX Tech also has developed a mobile analytic product, Powerbroker (patent pending).
Textile- SCL is involved in the business of textile trading since the past 25 years. This year alone the company has done a turnover of $5 million. The group trades in polyester texturised yarn and woven fabric Textiles remains the core focus of the group, however since the management change in 2010.Health & Finance: Powerhouse Gym is one of the largest international gym chains in the world with over 350 centers worldwide and 7 fitness centers in Mumbai. With Over 30 years of experience the company is the pioneers in the fitness industry.
Powerhouse Gym Inida has the Master frachisee for SAARC Countries (India, Nepal, Bhutun, Bangladesh, Srilanka and Maldives). Powerhouse Gym India has state of art facilities, be it equipments, technology and fitness programs that are required to get the desired results for the members on May 2011, Powerhouse Gyms India has over 30000 members at their 7 branches.
Education: Shri Balaji International School was founded on June 12; 2001. From a humble beginning with 40 children, Shri Balaji International School stands tall amongst the best schools in Mumbai boasting of 1000 children. The school is affiliated to the ICSE board in New Delhi. Together with the ICSE Board the school also runs an IGCSE (Cambridge, UK) board under the name of Pinnacle High International School. From the very inception of the school, the aim of the Board of Trustees has been to see the all round development of the students enabling them to grow into individuals both healthy in mind and body. Aiming at excellence in education, using the latest educational technology, Computers, audio-visual aids, combined with vigorous extra-curricular activities and love for nature, the school offers ample opportunities for the complete personality development of students enabling them to become self-confident and to adopt a modern and progressive outlook.
Real Estate: Sushanku Builders has been into the real estate sector since 1987 having constructed commercial and residential buildings in and around Mumbai. Company’s projects span from South Bombay to North Bombay with its iconic building at Worli, South Mumbai. The company is dedicated to the real estate sector in India with a promise to deliver quality to all its customers. The company is managed by highly qualified professionals who are fully engrossed to ensure that the company maintains its high standards in quality construction, timely delivery and customer satisfaction. The company has always strived hard to keep its commitments and thus enjoys an extremely resonant reputation in the construction industry.
The Indian real estate sector is on a strong growth path, led by rising GDP, improving demographics, growing affordability, increasing impact of IT/ITES and organised retail sectors, supported by strong FDI and portfolio inflows. Investable real estate assets in India are only 7-8% of India’s GDP compared with 40-50% in most developed economies. The office space in India is also far lower when compared with international peers like Hong Kong and New York. Against this backdrop, real estate sector in India is likely to grow by over 15% CAGR.