Press Release
Kurita and Membrane Group India Establish Kurita Membrane India Pvt. Ltd. for Semiconductor Industry in India
Tokyo, Japan, July 2nd, 2026, FinanceWire
Kurita Industries Ltd., (Head office: Nakano-ku, Tokyo, President: Hirohiko Ejiri, hereinafter: “Kurita”) has established a joint venture, Kurita Membrane India Private Limited (hereinafter the “JV”) and started its business, specializing in water treatment solutions for electronics industry, primarily semiconductor sector, in India, together with Membrane Group India Private Limited (Head office: Gurugram, Haryana, India, Chairman: M M Narang, hereinafter “Membrane Group”), which operates in the design, manufacture, installation and servicing of water treatment equipment in the country.
Amid the rapidly expanding demands for semiconductors, driven largely by the rapid growth of generative AI, and the global trend of expanding and diversifying production locations to swiftly and effectively meet such demand, India has also seen a rapid increase in investment from both domestic and international semiconductor-related companies, owing to the government’s proactive policies to attract the industry. In line with these developments, the size of India’s semiconductor market is forecasted to rise from an estimated USD 15 billion in 2020 to over USD 64 billion by 2026 and reach USD 110 billion by 2030(*1). Furthermore, the 10-year roadmap published by the government-affiliated think tank NITI Aayog (National Institution for Transforming India) in May 2026 sets a target of establishing a semiconductor value chain worth between USD 120 billion and USD 150 billion by 2035(*2).
Kurita provides a diverse range of water treatment solutions for the electronics industry, including semiconductors, in Japan, East Asia, North America, and Europe, which is essential for their manufacturing processes, such as the production and supply of ultrapure water to recovery and reuse of wastewater, meeting customer needs and regional characteristics. In line with the policy aimed at further growth in the electronics industry, which is a high priority under our medium-term management plan “Pioneering Shared Value 2027 (PSV-27)” until fiscal 2027, we need to secure business opportunities consistently in the rapidly growing Indian market. In light of this situation, Kurita has agreed to establish the JV with Membrane Group, which has a proven track record in the water and wastewater treatment sector in India, with strong engineering, manufacturing, project execution, commissioning and lifecycle service capabilities, as well as long-standing relations with industrial customers.
The JV will provide advanced water treatment, wastewater recycling, resource recovery, water analysis service, and environmental solutions to the electronics sector, including semiconductor, in India. Combining Membrane Group’s expertise, track record, with Kurita’s water treatment technologies, products, and Kurita’s technologies, products, and services, which have a proven track record in key regions, including Japan, and adding value through pricing suited to the local market and environmental consideration, the JV aims to become an “indispensable partner” for them. Furthermore, together with the joint venture and Kurita AquaChemie India Private Limited(*3), which commenced sales of water treatment chemicals in 2024, we will strive to raise Kurita’s profile in India and further strengthen our business foundation.
Outline of the JV:
Company Name: Kurita Membrane India Private Limited
Head office: Gurugram, Haryana, Republic of India
Establishment: April 11, 2026
Capital: INR 348,840,000(*4) (approximately JPY 600 million)
Shareholders(*4): Kurita Water Industries Ltd. 51%, Membrane Group India Private Limited 49%
Business: Design, engineering, manufacture, sale, installation, commissioning, and maintenance of water and wastewater treatment systems, ultrapure water systems, water recycling, and resource recovery solutions, as well as water analysis services, etc.
The Kurita Group will contribute to the further enhancement of corporate value and the realization of a sustainable society by expanding growth opportunities through the strengthening of its global business foundation, and by creating and providing diverse solutions that contribute to resolving social challenges in the water and environmental sectors.
Notes:
*1: Japan External Trade Organization (JETRO) Regional Analysis Report published on December 3, 2024: The Changing Global Semiconductor Ecosystem–Will India’s Long-Held Ambition to Become a Major Semiconductor Production Hub Be Realized? *Japanese- language only
*2: NITI Aayog ‘Future of India’s Semiconductor Industry’ in May 2026.
*3: News release on June 17, 2024: Establishment of a Local Subsidiary for the Sale of Water Treatment Chemicals in India.
*4: Information as at the time of completion of the capital increase, which is tentatively scheduled in August, 2026.
Reference URLs
Membrane Group India Official Website: https://www.membranegroupindia.com/
Medium-Term Management Plan | Kurita Water Industries | The Kurita Group: https://www.kurita-water.com/en/ir/manage-policy/plan.html
About Kurita Water Industries Ltd. (The Kurita Group)
Kurita Water Industries Ltd., founded in 1949 in Japan, is headquartered in the Kurita Group, which encompasses over 60 companies across Japan, Asia, EMEA, and North and South America to conduct business globally, and has R&D bases in Japan, Germany, the United States, and Singapore. Under the corporate philosophy of “Study the properties of water, master them, Kurita utilizes its advanced technologies and accumulated knowledge to develop water treatment solutions, such as chemicals, equipment, and maintenance services, as well as new business models, and provides them as our value to resolve water and environmental challenges, contributing to the further development of society and industry.
For details: https://www.kurita-water.com/en/
Contact
Public Relations Section Manager
Junko NARITA
Kurita Water Industries Ltd.
kuritaml@kartz.co.jp
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
WHY VANESSA HUDGENS CHOSE AMAZON’S EKOUAER OVER LUXURY LABELS — AND WHAT IT REVEALS ABOUT FASHION’S NEW ERA
New York, US / Timesnewswire / October 2, 2026 – For decades, A-list celebrity endorsements followed a predictable blueprint: high fashion, multi-million-dollar haute couture deals, and unattainable luxury. But this fall, Hollywood star Vanessa Hudgens is continuing her game-changing fashion narrative with Amazon’s sleepwear and loungewear giant, EKOUAER.
First announced as an official EKOUAER Brand Friend earlier this July, Hudgens’ collaboration with the brand hits a major crescendo this October as EKOUAER celebrates its 11th Anniversary. Rather than aligned with exclusive runaway brands, Hudgens has embraced the ultimate daily wardrobe staple used by millions of everyday women across America.
“Becoming a mom has definitely made me appreciate versatility even more,” says Vanessa Hudgens. “I want pieces that are comfortable and easy for everyday life, but that I can dress up and still feel really good in.”
As EKOUAER marks its 11-year milestone, the timing coincides with October’s major Amazon shopping moment, proving that “everyday comfort” is officially beating traditional luxury status symbols. The star’s fall favorites spotlight pieces engineered for multi-scenario living, including the viral Ekouaer Satin Pajamas Set with Bow Tie Front and and the versatile, ultra-cozy Ekouaer 2-Piece Pleated Lounge & Sweater Set. “For me, it’s about finding that sweet spot where you feel comfortable but still put together,” Hudgens adds. “I love being able to take the same piece and completely change the feeling of it depending on how I style it.”
As EKOUAER kicks off its 11th Anniversary celebrations, the alliance redefines modern celebrity style: luxury isn’t about the price tag—it’s about effortless comfort.
EKOUAER
Dana Li
New York, US
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
From One Store to 400 Daily Orders: 70-Year-Old Lalit Kumar Takes Natural Spices Online Across UAE
The Indian-born businessman has lived and worked in the UAE since 1983. Now 70, he has taken a single grocery store online, and it handles around 400 orders a day.
Dubai, Al Nahda 1, United Arab Emirates, 2nd Oct 2026 – When shipments were getting stuck and many small shops decided to sit tight, Lalit Kumar did the opposite. At 70, the owner of Natural Spices and Foodstuff Trading LLC moved his grocery business online. Today it delivers to customers in every emirate.
He started with one retail outlet and five staff. The business now handles about 400 orders a day through its own website, NaturalSpicesUAE.com, and through the UAE’s major online marketplaces. It sells spices, herbs, Indian groceries, snacks, dry fruits and other daily essentials.
Forty Years in the UAE
Mr. Kumar came to the UAE from India in 1983. Since then he has run businesses in electronics, transport, and oil and gas, and now in foodstuff. He says each one prepared him for the next. Electronics taught him how customers think. Transport taught him about timing. Oil and gas taught him patience.
“I came here as a young man and this country gave me a chance. It gave my family a home. I have never taken that for granted, and everything I build here is my way of saying thank you.”
— Lalit Kumar, Owner, Natural Spices and Foodstuff Trading LLC
Moving When Others Waited
The shift online came at a hard time for retail. Deliveries were running late, costs were going up and fewer people were walking into shops. Mr. Kumar decided not to wait it out.
With his team of five, he set up online ordering, reorganised the stock and worked out packing and delivery, all from the same store they were already running. The website went live, the products went onto the marketplaces, and orders started coming in from across the country.
“I have seen this market go up and down many times since 1983. If you stop every time things get difficult, you will never move. At my age people expect me to slow down. I would rather see what comes next.”
— Lalit Kumar
Still in the Store Every Day
Orders now go out to Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah and Fujairah. Customers say they come back for the range, the fair prices and delivery they can count on.
Growth hasn’t pulled Mr. Kumar away from the business. He is in the store every day. He talks to customers himself, bargains with suppliers and makes the big decisions. His staff say he has more energy than most of them, and he still knows many of his regulars by name.
“A customer is a person, not an order number. Whether they walk into the shop or order from Fujairah, they should get the same respect and the same fair price. That is how I have always worked. A website doesn’t change that.”
— Lalit Kumar
Looking Ahead
Over the coming months, the company plans to add more products, grow its marketplace presence and improve delivery across the UAE.
“I have been building businesses in this country for more than forty years, and I still feel like I’m starting out. As long as I have the energy, I’ll keep going, for my customers, my team and for the UAE.”
— Lalit Kumar
About Natural Spices and Foodstuff Trading LLC
Natural Spices and Foodstuff Trading LLC is a UAE-based grocery and foodstuff company serving customers through its retail outlet, its e-commerce platform NaturalSpicesUAE.com and leading online marketplaces across the United Arab Emirates. The company offers spices, herbs, Indian grocery products, snacks, dry fruits and other food essentials. It is owned and led by Lalit Kumar, who has been in business in the UAE since 1983 across the electronics, transport, oil and gas, and foodstuff sectors.
Media Contact
Organization: Natural Spices and Foodstuff Trading LLC
Contact Person: Lalit Kumar Kundani
Website: https://naturalspicesuae.com/
Email: Send Email
Contact Number: +971529941656
Address: Al Bannai Building, Shop 1, Al Amman Street, Al Nahda 1, Dubai, UAE
City: Dubai
State: Al Nahda 1
Country: United Arab Emirates
Release id: 45332
The post From One Store to 400 Daily Orders: 70-Year-Old Lalit Kumar Takes Natural Spices Online Across UAE appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Memito Opens Token Sale on Ethereum With Formula-Based Pricing and Multi-Network Payments
Memito, a community meme token on Ethereum, has opened a token sale on memito.org. The price is calculated by a formula in the verified smart contract, and the sale accepts five assets on Ethereum, a bridge from five networks and a wide range of wallets.
Canada, 2nd Oct 2026 – Memito (MEMITO), a community meme token on Ethereum, has opened its public token sale at memito.org, making participation available worldwide in 24 languages, with five payment assets, a built-in bridge from five networks and support for seven popular wallets. The sale is run directly by the token’s smart contract, which is published and verified on Etherscan.
Formula-based pricing set in the contract
Instead of fixed sale rounds, the token price is calculated by a formula written into the smart contract. The formula starts at 0.00000018585 USD per token and adjusts the price according to the total amount raised in the sale. Before confirming a transaction, each participant is shown the calculated quote for the selected amount. Tokens are transferred to the participant’s wallet within the same on-chain transaction, so there is no separate claim step. Trading of the token has not opened, and no date has been set.
Payment options across networks
The sale accepts ETH, USDT, USDC, DAI and WBTC on Ethereum, with individual transactions from about 1 USD to 10,000 USD. For users whose funds are held on BNB Chain, Arbitrum, Base, Polygon or Optimism, the website integrates the third-party LI.FI bridge, which can move funds to ETH on Ethereum and shows the route fees before signing. The website is available in 24 languages.
The sale page supports MetaMask, Trust Wallet, OKX Wallet, Bitget Wallet, Binance Wallet and Bybit Wallet (via WalletConnect), as well as other WalletConnect-compatible wallets, on desktop and mobile devices.
“Memito started as a meme, but we are building it as a community first,” the Memito team said. “We wanted anyone, from any network and in their own language, to be able to join from day one, with the rules of the sale written openly into the contract. The community on X and Telegram is where we share every next step.”
Token details
The token contract address is 0xe02AD79732658a2ec2C85Ecd15De5E08A311373C. Maximum supply is 420,690,000,000,000 MEMITO. When trading opens, the final supply is allocated as follows: 60% to buyers, referrals and the liquidity pool, 10% to a reserve, 15% to the founder share held in the project’s Ecosystem Wallet and 15% to the treasury. The deploying wallet received no tokens at launch.
About Memito
Memito (MEMITO) is a community meme token (ERC-20) on Ethereum, distributed through a formula-priced token sale on memito.org. More information is available on the project website and on its X and Telegram channels.
The token sale is open now at memito.org, where participants can review the contract details and the current quote before taking part.
Website: memito.org | X: @MEMITO_COIN | Telegram: t.me/memito_coin
Disclaimer: This press release is provided for information purposes only and is not investment advice. Crypto-assets carry risk, including the loss of funds. Readers should do their own research.
Media Contact
Organization: Memito
Contact Person: Memito Team
Website: https://memito.org
Email: Send Email
Country: Canada
Release id: 49614
The post Memito Opens Token Sale on Ethereum With Formula-Based Pricing and Multi-Network Payments appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
WHY VANESSA HUDGENS CHOSE AMAZON’S EKOUAER OVER LUXURY LABELS — AND WHAT IT REVEALS ABOUT FASHION’S NEW ERA
From One Store to 400 Daily Orders: 70-Year-Old Lalit Kumar Takes Natural Spices Online Across UAE
Memito Opens Token Sale on Ethereum With Formula-Based Pricing and Multi-Network Payments
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