Prøve GULL - Gratis

A SOLVABLE CRISIS?

Businessworld

|

October 12, 2019

The ban on mining iron-ore in Goa has crossed 18 months virtually killing all the aligned businesses and impacting 70,000 households and 3 lakh livelihoods

- Ashish Sinha

A SOLVABLE CRISIS?

FOR MARUTI CHARI, the 63-year-old ace mechanic in Ponda, an industrial hub in south Goa bordering Karnataka, it is a matter of months before he winds up his popular truck repair garage spread over 2 acres of prime land. For more than 40 years now, Chari has been the ‘go-to’ mechanic for hundreds of trucks ferrying iron ore from nearby mines, including those in neighbouring Karnataka. After all his garage is right on the Ponda-Belgaum highway (NH-4).

“I was repairing 40-50 trucks a day before the mining ban. I have been recognised by most truck and auto companies. Today, not even four trucks come for repair/overhaul in two days and sometimes the whole week,” says Chari adding, “Saab kuch karo humare liye, hum roz marr rahe hain (Sir, please do something for us, we are dying every day).”

Chari owes around Rs 50 lakh to creditors. “I will wait till December. If mining does not restart, I will have to either sell my land or give it out on rent, which will be a very difficult thing for me to do,” he says.

Thanks to the ban on mining, there are others like Santosh Thambi, a machine operator with Chowgule Group company, Yeshwant Satgaonkar, a plant operator, and Sandeep M. Nirlekar, all ex-miners who are out of work and facing extreme financial crisis.

BW Businessworld was in southern Goa meeting out-of-work miners, barge owners, trucking companies, and equipment suppliers almost 19 months after mining came to a grinding halt in the state ever since the Supreme Court cancelled 88 mining leases on February 7, 2018, which halted mining activities beginning March 16, 2018.

FLERE HISTORIER FRA Businessworld

BW Businessworld

BW Businessworld

BUILDING BHARAT'S FASHION STORY

Indo Era was founded with a vision to make contemporary fashion accessible to women across Bharat. Over the past six years, the brand has grown rapidly by catering to customers in Tier-2, Tier-3 and Tier-4 cities, focusing on affordability, inclusivity, and cultural relevance.

time to read

1 min

October 18, 2025

BW Businessworld

BW Businessworld

"MOVE TOWARDS CONSCIOUS CREATION”

Designer Ritu Beri's latest creation is Escape Goa, a multi-brand boutique housed in a renovated 200-year-old Portuguese villa. At BW Businessworld, we caught up with the designer to speak about Escape Goa, fashion and more

time to read

2 mins

October 18, 2025

BW Businessworld

BW Businessworld

The First Foldable That Laughs at the Rain

Google's most expensive origami phone arrives with a IP68 swagger, 3,000-nit screens, and a hinge that feels carved out of Delhi Metro steel. It's brilliant in parts, infuriating in others-and often both at once

time to read

6 mins

October 18, 2025

BW Businessworld

BW Businessworld

SHAPING WORKPLACES GLOBALLY

AdvantageClub.ai is redefining employee engagement and workplace experiences through a data-driven, AI-powered platform that connects over 1.5 crore employees across 100 countries.

time to read

1 min

October 18, 2025

BW Businessworld

BW Businessworld

THE AGE OF MEASURED GROWTH

As India's startup ecosystem matures, the focus is moving beyond rapid expansion to long-term impact. The strategic deployment of domestic capital will be key, shaping the trajectory of the next five years and turning investment into sustainable value creation

time to read

5 mins

October 18, 2025

BW Businessworld

BW Businessworld

'WE'RE RAISING THE BAR YET AGAIN'

Senior Vice President and General Manager for Compute & Gaming at Qualcomm, KEDAR KONDAP, talks at length with BW Businessworld about why the second-generation Windows on Arm chips - Snapdragon X2 Elite and the higher-tier X2 Elite Extreme - aim to lift multi-core performance, extend battery life and accelerate on-device Al, while a new Snapdragon Guardian layer targets enterprise-grade remote management. Creators, meanwhile, get a maturing app pipeline and improved gaming support. Excerpts of a conversation with Sahil Mohan Gupta on the sidelines of the 10th Snapdragon Summit

time to read

4 mins

October 18, 2025

BW Businessworld

BW Businessworld

BREWING AUTHENTIC GROWTH

For Anirudh Sharma, Co-founder of Third Wave Coffee, scaling is not just about numbers, it is about preserving the soul of the brand while growing responsibly. “Expanding our café footprint has always been about maintaining consistency at scale and preserving the distinct Third Wave Coffee experience,” he says. The company’s expansion into Chennai, Mangalore, and Mysore follows a cluster-based growth model designed for efficiency and familiarity. “Our new roastery, with eightfold automation capability, gives us the capacity to scale up to 700 stores nationwide without compromising on quality,” Sharma adds.

time to read

1 min

October 18, 2025

BW Businessworld

BW Businessworld

REDESIGNING WORKSPACES, FEATHERLITE STYLE

Featherlite Furniture, a six-decade-old homegrown brand, is embracing a startup-like agility as it focuses on aggressive expansion and design innovation to match the evolving needs of India's modern workplaces.

time to read

1 min

October 18, 2025

BW Businessworld

BW Businessworld

REIMAGINING MATH LEARNING

For Alluru Uday Kiran, Co-founder and Head of Operations at Bhanzu, redefining how students experience mathematics is a mission rooted in empathy. “Every student learns differently, and we believe math education must adapt to the learner, not the other way around,” he says. Bhanzu’s unique proposition lies in transforming math from a subject of fear into one of understanding and curiosity. “While most platforms still equate improvement with more worksheets, Bhanzu focuses on helping students understand the ‘why’ behind concepts through real-world relevance and personalisation,” he adds.

time to read

1 min

October 18, 2025

BW Businessworld

BW Businessworld

TRANSFORMING RETAIL INVESTING

FYERS is transforming retail investing in India by combining technology, engagement, and trust. The platform has focused on deepening user engagement with AI-powered trading tools, expanding reach in metros and Tier-1 cities, and scaling infrastructure to ensure 99.9 per cent uptime and regulatory compliance.

time to read

1 min

October 18, 2025

Translate

Share

-
+

Change font size