The Wave Group is a business conglomerate that deals in the manufacturing, real estate, education, sports and entertainment industries. Over the course of 50 years, the group has expanded across multiple segments in Manufacturing & Production in India. The conglomerate has been growing under the hands of Manpreet Singh Chadha, Vice Chairman of the group.
History
Envisioned by late Kulwant Singh Chadha, the Wave Group was established in 1963. Started as a sugar cane crushing business, the major industrial diversification of the group started with the paper manufacturing unit in Bilaspur, Uttar Pradesh, steel plant in Dhanaura, Uttar Pradesh and finally diversified into real estate, with the onset of popular Centerstage Mall 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.
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.
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.
Paper - The Wave Group manufactures kraft and semi-kraft paper from a plant in Bilaspur.
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.
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.
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.
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. In 2013, the Genesis Global School was ranked 5th in a survey of schools across India by the Hindustan Times. In early 2018, Genesis Global School wins national championship at inaugural F1 in Schools India.
Sports
Delhi Waveriders is a field hockey franchise based in Delhi that plays in the Hockey India League. It is owned by the Wave Group. 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 in 2005. Wave has started the film exhibition through Wave Cinemas, the premium multiplex chain. In 2014, it has distributed over 150 Bollywood blockbusters. In addition to India, the global distribution network covers a range of countries that include Nepal, Bhutan, United States and the UK. Currently, the CEO of WAVE cinemas is Mr. Rajiv Gupta
Wave City
Wave City 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 fiber optic technology, waste and water management system, weather substation, 24x7 CCTV surveillance, intelligent traffic management, smart metering system, central command centre and more. The project also has hospitals, educational institutions, ISKCON Temple, local shopping centers, malls and multiplexes in the close vicinity. Wave City, adjacent to NH 24 Ghaziabad is a society where you will get state-of-art independent floors, mid-rise apartments, plots, flats, villas, affordable housing units and shop & office spaces.
Wave City Center is an integrated township by Wave Infratech, spanning across a sizeable area in Sector 32, Noida. Wave City Center is a mix of commercial & residential development, building up 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 at 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, 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 facility which can accommodate over 2600 cars.
