Hyderabad: Visaka Industries Limited, in their Annual General Meeting held earlier today announced their entry into multiple new business segments which complement their existing businesses. These new segments will support their existing businesses by extending customer touchpoints and help in offering a holistic value proposition.

ATUMLife is Visaka’s chain of retail stores which will offer fully sustainable, eco-friendly, green products. A one-stop-shop for sustainable products, ATUMLife will Vnext sustainable building material, ATUM solar roof, eco-friendly apparel made with sustainable yarn, organic detergents, sustainable consumables, electric vehicles and reusable kitchenware and cutlery.

Visaka Industries Limited has plans to open 10 ATUMLife stores in major metros across India. Atum Life will store, sell and promote all products sustainable, making sustainable living accessible for everyone.

ATUMCharge is a self-sustaining solar powered Electric Vehicle charging station which will be set up across India, and elsewhere in the world, to support the movement to promote the use of electric vehicles.

Visaka Industries Limited believes that ATUM Solar Roof is the right product as it can generate 40% more clean power in the same given space as compared to any other solar solution. It is also to be noted that ATUM Solar Roof, with its clean and green power, will allow the entire electric vehicle charging proposition to move to 100% solar whereas, currently, most EV charging stations use electricity produced by thermal power generation completely defeating the purpose of moving to environment-friendly power. ATUMCharge is also looking at partnering with other electric charging station providers who are either in the market or are expected to come in the near future.

 ATUMCharge stations will not only be powered by ATUM, the world’s first integrated solar roof, but it will also be fabricated using Vnext boards (a range of fibre cement boards which are a functional alternative to gypsum and plywood), thereby generating green energy and promoting green commute in the real sense of the word.

Visaka Industries Limited will, in the first phase, set up 10 ATUMCharge EV Charging stations across major metros. These charging stations are designed so that they can be used by all EVs including electric cars, electric bikes and electric scooters.

Vnext Solutions is an extension to Visaka Industries Limited’s range of Vnext fibre cement boards which are a sustainable alternate to gypsum and plywood. Vnext solutions aims at offering turnkey solutions for a wide range of building requirements ranging from pre-fabricated buildings to interior furniture requirements. All the solutions offered aim at using only sustainable products, making this a one-of-its-kind offering in the entire building solutions industry.

Speaking at the launch of ATUMLife, ATUMCharge and Vnext Solutions, Vamsi Gaddam, Joint Managing Director, Visaka Industries Limited said, “The new business areas – ATUMLife, ATUMCharge and Vnext Solutions – augment our existing businesses, but more importantly they define a viable roadmap for our future. We continue to be driven by our sustainability ethos which dictates our business objectives. our goal is to make Visaka Industries Limited a predominantly green company with products and services which are environment friendly and sustainable.”

It is to be noted that Visaka Industries Limited has been working in the area of sustainability and has, through its various initiatives, saved over half-a-million trees, have helped in the reduction of over 100,000 tonnes of CO2, and Visaka’s Wonder Yarn, manufactured from sustainable yarn from PET bottles, has used 116 million PET bottles which would have otherwise piled up in dump yards and landfills.