T Spiritual World adds new 2 new clients for its wellness services

T Spiritual World Ltd has announced that the Company, adds TCS and Tata Motors to its growing list of corporate clients for its wellness services.

The Company provides wellness products and services to individuals and corporates. It has already conducted its wellness programs at the following large Companies - Bhp Billiton, Prudential ICICI AMC, Shell India, Fidelity, vCustomer, ShareKhan, Metlife, Citigroup, Ericsson, BPCL, Keane India, Aricent, CMC, WNS Global, IBM Daksh.

According to a new report by Price waterhouseCoopers, expanding waistlines of employees are most likely to show up in profit margins. As work becomes more sedentary the global workforce is becoming less healthy and consequently less productive due to chronic conditions such as heart disease and diabetes. The report identifies chronic disease as a growing and costly threat to corporations and their workers. The projected foregone national income for India due to heart disease, stroke and diabetes during the period 2005-2015 is estimated to be more than $200 billion. The report exhorts global CEOs to make wellness central to their corporate business strategy, suggesting that multinational employers have the best opportunity to prevent chronic disease.

With its exclusive products and services, the Company aims to create a novel position for itself in the Health & Wellness market which is worth Rs 2500 crore and is clocking a healthy growth rate of 25%. The Company has already established a reputation among the corporate community and created awareness for a healthier corporate lifestyle. The Company is currently negotiating with several clients for long term contracts for its wellness services and expects to materialize them within the first quarter of FY08. The Company is also negotiating with corporates for its Corporate Wellness Kit, launched in April 2007, and expects to receive orders for the coming festival season.

The Company believes that the Internet presents a huge potential for retail sales of its wellness products online. The Company is in the process of tying up with several major Internet portals for distribution of its wellness products online.

Source : Equity Bulls

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