Mr. Nigel Fenner-Fownes and Mr. Satish Modi are bringing Oxytane, the fuel saving, emission busting fuel treatment to Indian industries, government institutions and commercial enterprise at large.
MGE Investment Private Limited (“MIPL”) is the company which will be the distributing agent for Oxytane in India. MIPL is part of ‘The Modi Group’, which is a US$3.00 billion industrial conglomerate having interests in production and marketing of a diverse array of products and services ranging from agro chemicals to airline, entertainment to education, travel to textiles, cosmetics to cigarettes, sewing threads to sponge iron etc.
The Modi Group is also actively involved in the philanthropic activities. In memory of its founder, late Shri Gujar Mal Modi, it has established “The Gujar Mal Modi Science Foundation”. This Foundation has instituted an annual award, which is given to a scientist of eminence who has made outstanding contributions to science and technology. Among the awardees is the former President of India and well known scientist, Dr. A.P.J. Abdul Kalam.
Similarly, in memory of late Smt. Dayawati Modi, wife of Mr. Gujar Mal Modi, the Modi Group has established the “Dayawati Modi Foundation for Art, Culture and Education” for promoting Art, Culture and Education. Smt. Dayawati Modi was an illustrious educationist and dedicated social worker, who created in Modinagar and the surroundings, several educational set-ups, and social institutions for the welfare of the citizens. The Foundation has instituted an annual award to recognize persons who have made outstanding contributions in the fields of Art, Culture and Education. The late Mother Teresa has been one of the recipients of this prestigious award.