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Wednesday, 27 November 2024
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Intellect, Ullas Trust and Mission Samriddhi Partner to Empower Rural Students
A Transformative Initiative to Elevate Education and Inspire Lifelong Learning in Students
India, November 27, 2024: In a concerted effort to bridge the educational divide in rural India, Ullas Trust, Intellect Design Arena, and Mission Samriddhi have brought the Ullas Library and Science Kit program to life in 23 schools (20 Zila Parishad and 3 Government Aided High schools) across 9 clusters of Mission Samriddhi in Wardha district of Maharashtra. The initiative seeks to uplift the standard of education in the region by enriching students' learning experiences.
Ullas Trust, a leading NGO focused on educational initiatives, supported the program in partnership with Intellect Design Arena, an enterprise-grade financial technology leader, and Mission Samriddhi, a social impact platform dedicated to the holistic development of rural India. By providing resources, the initiative aims to improve and develop children's reading skills and students' scientific temperament. Under this initiative, over 2000 students across 9 clusters will benefit from the Ullas Library and Science Learning Programme.
The Wardha district, located in the Nagpur division of Maharashtra, is home to many government schools that are on a journey toward enhancing their infrastructure, including the addition of libraries. This initiative aims to enrich students' learning environments, providing access to diverse knowledge and resources that will support their academic growth and overall development. It is set to transform the learning experience by bringing libraries and science kits into these schools, fostering an environment that encourages curiosity and critical thinking.
The Library and Science Kit Program equipped each participating school with a comprehensive library featuring 500 children's storybooks (80% in Marathi and the rest in bilingual and English versions), iron book racks, and science kits for the science labs. This setup ensures that children can access these resources in a welcoming, child-friendly environment.
Mr. Arun Jain, CMD of Intellect Design Arena and Founder-Trustee of Ullas Trust, remarked, “This initiative is a significant step towards creating equal educational opportunities for students in rural India. As we strive for a Viksit Bharat, it is imperative that every child, irrespective of their socio-economic background, has access to quality education and learning resources. Our goal is to ignite curiosity and build a culture of lifelong learning from early childhood. This collaboration empowers the students to dream beyond their circumstances and become active participants in India's journey towards becoming a developed nation. We hope that this program becomes a foundation for their growth, enabling each child to envision a future filled with possibility and purpose.”
“Knowledge is true power. The children who read more books and do the science experiments gain more knowledge, scientific temper and confidence,” said Dr. D. Kumbhare, BEO Wardha.
“This initiative helps not only academic excellence but also cultivates creative thinking skills and other essential skills to get children ready for the future," said Kishor Jagtap, State Program Manager, Mission Samriddhi.
Redefining Urban Living: VitrA's Metropole Series
The series features a stunning selection of washbasins available in an array of finishes, including White, Matt White, Matt Taupe, Matt Stone Grey, and Matt Black. The wall-hung WCs are offered in White, Matt White, Matt Taupe, Black, and Matt Black, ensuring seamless integration into diverse interior styles.
VitrA’s Metropole series exemplifies the brand’s commitment to marrying form and function, delivering a sophisticated bathroom experience that prioritizes both aesthetics and usability. With its clean lines and refined finishes, VitrA Metropole brings an air of timeless elegance to any urban home, making it a standout choice for design-conscious individuals.
यार्डले लंडनने कल्याणी प्रियदर्शनला नवीन ब्रॅंड अम्बॅसडर नेमून आपली टॅल्कम पावडरची श्रेणी पुन्हा लॉन्च केली
दक्षिण भारतीय चित्रपटांत आपल्या सौंदर्याबद्दल ओळखली जाणारी कल्याणी प्रियदर्शन यार्डले टॅल्क रेंजचा नवीन चेहरा बनली आहे. तिचे स्वाभाविक सौंदर्य यार्डलेच्या शाश्वत सुसंस्कृततेस पूरक ठरणारे आहे. नुकत्याच प्रदर्शित झालेल्या TVC मध्ये यार्डले टॅल्क तिचा आत्मविश्वास वाढवून दिनचर्या कशी उन्नत करते हे दाखवून कल्याणी पुढे जाण्याच्या प्रगतीच्या कल्पनेचे उदाहरण सादर करते. तिची मोहकता, शक्ती आणि आत्मविश्वास यामधून यार्डलेची मूल्ये झळकतात आणि महिलांना आत्म-जागरूकता करून देऊन स्व-अभिव्यक्तीसाठी प्रेरित करतात.
या TVC मध्ये सुरुवातीला कल्याणी आपल्या मैत्रिणीशी एका सौंदर्य स्पर्धेविषयी चॅटिंग करताना दिसते. चॅट करत असताना ती यार्डले टॅल्क लावते ज्यामध्ये नैसर्गिक तेज आणि दीर्घ काळ टिकणारा सुगंध प्रदान करणाऱ्या 97% नैसर्गिक इनग्रेडीएंट्सना हायलाइट करण्यात आले आहे. सौंदर्य स्पर्धेच्या ठिकाणी ती आत्मविश्वासाने पावले टाकते आणि सगळ्यांचे लक्ष वेधून घेते. एक ज्युनिअर मॅनेजर तिला चुकून स्पर्धकच समजते, पण कल्याणी हसत हसत खुलासा करते की, ती फक्त तिकडे प्रेक्षक म्हणून आली आहे. तिचे सौंदर्य आणि आत्मविश्वास पाहून ती प्रभावित झालेली दिसते. या दृश्यातून हेच दाखवले आहे की, कशा रीतीने यार्डले महिलांना पुढचे पाऊल टाकण्यास आणि आत्मविश्वासाने वावरण्यास मदत करते.
नवीन अम्बॅसडर आणि सशक्त संदेश लाभलेली यार्डलेची परफ्यूम्ड ब्युटी टॅल्क आता एका आकर्षक आधुनिक पॅकेजिंग मध्ये आली आहे, ज्यातून या ब्रॅंडची जागतिक ओळख आणि स्थायी वारसा व्यक्त होतो. 97% नैसर्गिक इनग्रेडीएंट्सपासून बनलेली ही पावडर दीर्घ काळ टिकणारा फुलांचा सुगंध प्रदान करून त्वचेस तेज देते आणि दैनंदिन दिनाचर्येला लक्झरीची जोड देते. ही पावडर व्हीगन, क्रौर्य-मुक्त आणि पॅराबेन्स व सल्फेट्स मुक्त आहे, त्यामुळे दैनंदिन वापरासाठी सौम्य आहे. यार्डलेचा विशिष्ट सुगंध त्यात आहे. ही पावडर नैसर्गिक सौंदर्य वाढवते आणि स्टाइल आणि आत्मविश्वास देते व यूझरला पुढचे पाऊल टाकण्यास, जीवनातील आव्हानांना सामोरे जाण्यास प्रोत्साहन देते.
या नवीन यार्डले लंडन ब्युटी टॅल्क रेंजमध्ये इंग्लिश लव्हेंडर, इंग्लिश रोझ, मॉर्निंग ड्यू, रॉयल रेड रोझिस आणि इम्पिरीयल जॅस्मिन सहित 8 प्रकारचे सुगंध आहेत. वेगवेगळ्या गरजांनुसार हे वेगवेगळे सुगंध निवडता येतील. ही पावडर सहजपणे घाम शोषून घेते आणि दिवसभर त्वचा चमकदार आणि सुगंधाने दरवळत ठेवते.
ही रेंज पुन्हा लॉन्च करण्याबाबत टिप्पणी करताना यार्डले इंडिया आणि थायलंडचे सीनियर उपाध्यक्ष आणि बिझनेस प्रमुख श्री. मनीष व्यास म्हणाले, “नवीन पॅकेजिंग आणि सुधारित परफॉर्मन्ससह यार्डलेचे जागतिक स्तरावर पुन्हा लॉन्चिंग होत आहे. भारतात, आम्ही टॅल्कम पावडर, साबण आणि हँडवॉश द्वारे सुरुवात केली आहे आणि पाठोपाठ डीओ आणि परफ्यूम देखील रीलॉन्च करणार आहोत. आमच्या 254 वर्षांच्या दीर्घ परंपरेचा सन्मान जपत आजच्या स्त्रीला आत्मविश्वासाने पुढे पाऊल टाकण्यास प्रवृत्त करणारी जागतिक दर्जाची उत्पादने देण्याबाबतची आमची वचनबद्धता कायम आहे. 97% नैसर्गिक इनग्रेडीएंट्स, प्रीमियम पॅकेजिंग आणि व्यापक श्रेणी यांच्या बळावर आम्हाला खात्री वाटते की, उपभोक्ते नवीन यार्डले ऑफरिंगचे प्रेमाने स्वागत करतील.”
यार्डले लंडन त्यांच्या नवीन ब्युटी टॅल्क श्रेणीची शालीनता अनुभवण्यासाठी तुम्हाला आमंत्रित करत आहे. निसर्ग-प्रेरित घटक आणि टिकून राहणारा फुलांचा सुगंध यामधून या रेंजची पुनर्कल्पना करण्यात आली आहे. यार्डलेच्या कालातीत लक्झरीने आपले दैनंदिन ब्युटी रुटीन उन्नत करा. ही उत्पादने आता मोठ्या दुकानांमध्ये तसेच यार्डले लंडनच्या अधिकृत वेबसाइटवर ऑनलाइन उपलब्ध आहेत.
Stashfin joins UPI ecosystem with NPCI-Approved TPAP licenceUPI enablement broadens Stashfin’s capabilities as a full-stack financial solutions platform
National, 27 November 2024: Stashfin – a leading financial services platform in India – has added another dimension to its financial services capabilities by obtaining the Third-Party Application Provider (TPAP) licence from the National Payments Corporation of India (NPCI). Tushar Aggarwal, Founder of Stashfin, announced this milestone during the company’s event in Mumbai, highlighting its significance in Stashfin’s journey to becoming a one-stop financial services platform. This licence allows Stashfin to offer seamless digital payment solutions by leveraging UPI’s real-time, low-cost payment infrastructure for instant disbursements, repayments and enhanced credit assessments.
The addition of UPI capabilities positions Stashfin at the forefront of digital financial innovation, bridging the gap between lending and seamless payment solutions. By combining credit access with a robust payment infrastructure, Stashfin aims to create a unified platform that addresses the multifaceted financial needs of individuals and businesses, while driving efficiencies in India’s rapidly growing digital economy.
According to data shared by NPCI, UPI recorded more than 16 billion transactions worth INR 23.5 trillion in October, marking its highest-ever monthly volume since its inception in April 2016. This milestone underscores the system’s widespread adoption and critical role in advancing pan-India digital financial inclusion. With UPI reshaping the digital lending landscape by enhancing credit access for underserved populations, Stashfin’s integration aims to extend its reach further by providing inclusive, transparent financial solutions such as scan and pay, UPI autopay and UPI circle.
Commenting on the announcement, Mr Tushar Aggarwal, Founder & CEO of Stashfin, said, “Securing the TPAP licence is a key landmark in our journey to becoming a full-stack financial services platform. By integrating UPI, we are enhancing the scope and versatility of our offerings, enabling businesses and individuals to seamlessly access both credit and payment solutions. The integration also strengthens our commitment to providing comprehensive, technology-driven financial tools that support the evolving needs of today’s digital economy.”
Stashfin has consistently been at the forefront of innovation, becoming the first fintech NBFC to list NCDs with a reduced face value of ₹10,000 on the BSE, leveraging SEBI's recent amendments under the Issue and Listing of Non-Convertible Securities Regulations, 2024, to democratize bond investments and enhance retail accessibility. This initiative underscored Stashfin’s mission is to provide every Indian with access to financial products, ensuring inclusivity and empowerment. The UPI payments license is a significant step in this direction, enhancing customer experiences with seamless and delightful solutions. In addition, Stashfin offers flexible credit solutions designed to meet diverse needs, reinforcing its commitment to driving financial accessibility and innovation.
Stashfin’s pioneering move aligns with its commitment to delivering innovative and inclusive financial solutions providing a more holistic financial solution to the customers. From making online and in-store payments to investing in bonds, Stashfin is working towards creating a unified platform for managing all aspects of personal finance.
From Reel to Real: Iconic Couples Who Met While Working Together
Shimmer Reimagined for Men - A ‘new‘ Raghavendra Rathore Jodhpur Signature
Delhi, India – November 26th, 2024: As the world of bespoke men’s fashion evolves, the Raghavendra Rathore Jodhpur brand steps into a dazzling new era of style. In the wake of the highly publicized Anant and Radhika wedding, where opulence and embellishment took centre stage, the demand for elevated fashion—even for the most intimate functions—has soared. This season, we introduce Shimmer Reimagined for Men, a collection that captures the spirit of modern luxury and sophistication.
Drawing inspiration from the brand’s recent collaboration with global icon Diljit Dosanjh, who performed in a series of bespoke satin ensembles designed exclusively by Raghavendra Rathore Jodhpur for his international tour, this collection celebrates the seamless blend of classic tailoring with bold, shimmering textures. The overwhelming acceptance of these designs on a mass scale signals a shift in how men perceive and embrace embellishment, moving beyond the occasional festive wear to more versatile yet statement-making looks.
The collection features an exciting palette of rich, unexpected colours paired with subtle shimmer details, redefining evening wear for men. With craftsmanship at its core, this line aims to inspire our patrons to experiment with elegance and individuality in every facet of their wardrobe.
This new direction is not just a nod to the changing tastes of today’s discerning gentleman but also a reflection of the Raghavendra Rathore Jodhpur philosophy: heritage reinterpreted with contemporary flair. Through this press note, we aim to position the brand as a pioneer in modern men's fashion, offering a refined take on embellishment that is as timeless as it is transformative.
Trident prevents stubble burning from over 2000 acres of land
- Helps in mitigating hazardous emissions contributing to AQI crisis in Northern India
New Delhi – November 27, 2024 – Each year, stubble burning releases high concentrations of particulate matter, pushing the Air Quality Index (AQI) in regions like Punjab, Haryana, and Delhi NCR to “severe” levels. These pollutants not only degrade air quality but also contribute to seasonal health crises.
As a transformative step, Trident Group has adopted the use of parali (paddy stubble) as a fuel source in its industrial boilers, preventing the burning of stubble from approximately 2000 acres of land. This practice, commonly used to clear fields post-harvest, is a primary contributor to the hazardous Air Quality Index (AQI) levels in Northern India, with cities like Delhi seeing AQI readings exceed 400 during peak season—levels deemed “severe” and dangerous for public health.
Traditional stubble burning releases high concentrations of particulate matter contributing to respiratory issues, smog, and a significant rise in pollution across Punjab, Haryana, and Delhi NCR. These emissions, often attributed to over 44% of Delhi’s seasonal pollution spike, have made stubble burning a critical environmental and public health issue.
Trident’s use of parali as a sustainable fuel is a step towards mitigating these emissions, directly reducing air pollution and promoting a circular economy approach. By converting this agricultural waste into energy, Trident exemplifies a solution that addresses both environmental sustainability and public health, setting a benchmark for responsible industrial practices.
About Trident Group:
Trident Limited is the flagship company of Trident Group, a leading Indian conglomerate with global operations. Headquartered in Ludhiana, Punjab, Trident Limited is vertically integrated in textiles (yarn, bath & bed linen) and paper (wheat straw-based) manufacturing. Its products, including towels, yarns, bedsheets, and paper, enjoy global acclaim and cater to millions of customers worldwide. Trident is renowned in India's home textile sector, supplying national, captive, and retailer-owned brands. The organization has been honored with numerous awards for its excellence in product quality, social responsibility, and environmental stewardship. Trident operates world-class manufacturing facilities in Barnala and Dhaula (Punjab) and Budhni (Madhya Pradesh), serving a diverse global clientele.
For further information, please contact:
Nitya Khandelwal | nitya.khandelwal@
PokerBaazi Signs Laksh Pal Singh as New Team Pro and Sport Ambassador
University of Melbourne surpasses 50,000 student milestone in career development program
Mr Kumar stated, “Timely intervention is crucial; if we don’t act now and expand our efforts, we risk losing a ‘demographic dividend’ that will be essential to leverage the productive population and future- ready world. Missing this opportunity could have significant repercussions, not only within India but on a global scale, as the country increasingly stands to export skills and talent,”
The expansion throughout Andhra Pradesh was made possible by support from the Government of Andhra Pradesh - Department of School Education, Rotary International Districts in Zone 7, Rotary India Literacy Mission, and Samaghra Shiksha, Andhra Pradesh.
Across all pilot programs in Pune, Madurai, Vijayawada, Telangana and Andhra Pradesh, the Schools Engagement Program has also supported over 1700 teachers and over 100,000 parents, carers and guardians through capacity building activities.
The University of Melbourne, Australia’s number one ranked university (globally ranked 13th), has embedded world-class research into the program. Professor Lindsay Oades, Deputy Dean of the Faculty of Education at the University of Melbourne, discussed how his positive psychology research has influenced the program. Professor Oades said, “We’ve embedded coaching into the classroom as part of this initiative and this is a new pedagogy in India. Now teachers aren’t just clarifying concepts; they serve as a life coach. This strength-based approach inspires young people to become the best version of themselves, encouraging them to take responsibility for managing their studies, life, and career goals.”
Teachers from participating schools have noted the change they see in students and the impact it is having.
One of the teachers said, “This program has enabled our children to select their career choices independently as well as become more self-reliant and responsible.”
Students are also commenting on how the program is improving their outlook on their studies and career choices.“I had really no clear vision on what my future was going to look like or what my career was about,” said one student. But after going through this program I was able to find what I truly desire, my passions, and how to make money off those passions.”
Mr.B.Srinivasa Rao, State Project Director, Samagra Shiksha AP, said, “In today's world the problems we are dealing with are complex, requiring many specialised areas of expertise. This calls for an innovative model involving government, academia, and industry to work together in a symbiotic manner, across secondary and tertiary sectors of education. The government of India and the government of Andhra Pradesh are implementing many coherent reforms as part of the National Education Policy 2020 and the National Curriculum Framework 2023 to enhance youth aspirations and closing the gap between industry skill demand and talent supply. So, this program is a priority and must be replicated.”
The University of Melbourne continues to explore opportunities to expand the Schools Engagement Program further within Andhra Pradesh and across India, hoping to reach as many students as possible with this important early learning and careers guidance program.
Ananya Panday Calls Sister Rysa a ‘Real-Life Princess’ as She Prepares for Le Bal Debut in Paris
Experience the First Public Art Abu Dhabi Biennial:New Displays Turn Abu Dhabi and Al Ain into Open-Air Galleries
- Farah Al Qasimi's Homesickeness: An auditory sculpture immersing listeners in ocean sounds, symbolising the sea's cultural and environmental significance in the region.
- Seema Nusrat’s Floating Fragments: Depicting a terracotta-roofed house submerged by an imagined flood, it explores urban life and the increasing risks of flooding due to climate change.
- Christopher Benton’s Where Lies My Carpet Is Thy Home: A transformation of the traditional Carpet Souk to a vibrant community space, encouraging attendees to engage and connect with the community.
- Afra Al Dhaheri’s D-constructing Collective Exhaustion: A thought-provoking piece which draws on time, presence, and attention in an immersive installation made of wooden structures, tangled ropes, light, and sound.
- Wael Al Awar’s Barzakh: The installation refers to a boundary or liminal space, and rethinks how these materials and processes could shape future architecture.
Tuesday, 26 November 2024
Ecofy Partners with SWELECT Energy to Drive Rooftop Solar Adoption Across South India
~This strategic partnership aims to leverage the tailwinds in the renewable energy segment, transforming residential & small C&I rooftop solar with innovative financing solutions~
Mumbai, 27 November 2024: Ecofy, India's green-only NBFC backed by Eversource Capital and committed to financing India’s green transition has announced a partnership with SWELECT Energy Systems Limited (formerly known as Numeric Power Systems Limited), one of India’s leading names in the solar power ecosystem with a legacy spanning four decades and a commanding presence across the global energy market. This collaboration combines Ecofy's digital lending expertise with SWELECT's manufacturing and distribution strengths to democratize solar energy access across South India.
Moreover, the partnership is strategically aligned with the government's PM Surya Ghar initiative and aims to accelerate the adoption of rooftop solar installations by providing accessible financing solutions. By leveraging Ecofy's prominent position in the rooftop solar space and SWELECT's established presence in the southern markets, the alliance seeks to create a seamless ecosystem for customers seeking to transition towards sustainable energy solutions.
Commenting on the development, Rajashree Nambiar, Co-founder, MD & CEO, Ecofy said, "The convergence of government initiatives, technological progress, and rising environmental awareness has created the perfect storm for solar adoption. Our partnership with SWELECT blends financial innovation with technical expertise. By combining our digital-first lending approach with SWELECT’s manufacturing and distribution strengths, we're not just offering financing solutions – we are paving the way for households & MSME’s in South India to achieve energy independence.
Also commenting on the partnership, Mr R Chellappan, MD, SWELECT Energy Systems Ltd., added, "With four decades of expertise in the energy sector, we recognize that financing remains a critical barrier for the masses when it comes to solar adoption. Our collaboration with Ecofy addresses this challenge head-on. This partnership embodies our commitment to making sustainable energy accessible and affordable for every household in the region."
AltDRX Recognized as a Top Innovator at HDFC Tech Innovators 2024 Awards
New Delhi, 27th November 2024: AltDRX, a trailblazer in the residential real estate technology space, has been honored as one of the top innovators at the HDFC Tech Innovators 2024 Awards, a prestigious program designed to promote and celebrate cutting-edge innovation in the tech start-up ecosystem. This recognition highlights AltDRX's groundbreaking efforts in transforming residential real estate into a modern, scalable, and transparent asset class.
The HDFC Tech Innovators 2024 Awards are a joint initiative by several leading entities within the HDFC Group, including HDFC Bank, HDFC Asset Management Company (AMC), HDFC Ergo, HDB Financial Services, HDFC Life, and HDFC Securities. The program aims to encourage innovation and foster collaboration among start-ups across a wide range of sectors, including PropTech, FinTech, Sustainability Tech, Consumer Tech, and New Age Tech. The initiative is spearheaded by HDFC Capital and HDFC Bank, two of the Group’s key players in driving growth and transformation in the Indian economy.
The awards received an overwhelming response this year, with over 2,000 participants submitting applications. These applicants were evaluated by an esteemed jury comprising senior leaders from HDFC Bank Group, industry experts, venture capitalists, and unicorn founders. After a rigorous selection process, the top 10 winners were chosen based on various criteria such as innovation, product-market fit, scalability, and growth potential. AltDRX was selected as one of these standout innovators, a recognition that underscores its excellence in both technology and business impact.
Upon receiving the award, Avinash Rao, Founder of AltDRX, commented, “To be recognized by HDFC, a name synonymous with trust and leadership in the housing finance sector, is an incredible honor and validation for AltDRX. We are focused majorly on residential real estate as an asset class, and receiving this prestigious award from an organization that is a pioneer in the housing industry is a powerful statement of confidence in our innovation. The fact that more than 2,000 start-ups applied, and we were chosen as one of the top 10, reflects the quality and potential of what we are building at AltDRX. This recognition provides a strong endorsement of our vision and product, and will undoubtedly strengthen the trust of our customers, partners, and investors.”
The significance of the award goes beyond mere recognition; it serves as a seal of approval for AltDRX’s cutting-edge technology platform, which is revolutionizing how residential real estate is perceived, valued, and transacted. AltDRX’s innovative platform is designed to address the unique challenges faced by the residential real estate market, including transparency, liquidity, and access to critical data, all of which contribute to making the sector a more attractive and accessible asset class for investors and developers alike.
The recognition comes at a time when AltDRX is scaling its operations and expanding its reach, providing technology-driven solutions that help stakeholders in the housing sector make informed, data-backed decisions. By leveraging advanced PropTech solutions, AltDRX is playing a key role in unlocking new opportunities for developers, investors, and other stakeholders in the housing market. Being one of the HDFC Tech Innovators 2024 will also have a broader impact on the company’s growth trajectory, helping to solidify its position as a leader in the residential real estate technology space.
Streambox Media Disrupts Home Entertainment with the Launch of Dor - India’s First Subscription TV Service
Solving content discovery challenges with Single Sign-On, Single Subscription, and a Unified Interface for 24+ Apps and 300+ Channels
- Partners include premium OTTs like Prime Video, Jio Cinema, Disney Hotstar along with Zee 5, Sony Liv, Youtube, Discovery+, Sun Nxt, Aha, Hoichoi, Lionsgate Play, Manorama MAX, Travel XP, Shemaroo, Fancode, Nammaflix, Dangal Play, Dollywood Play, Hungama, Stage, VR OTT, Distro TV, Chaupal, Playflix, ETV Win, Raj TV and more.
National, 26th November 2024: Streambox Media, a strategic media-tech venture founded by Anuj Gandhi and backed by Micromax Informatics, along with Nikhil Kamath and Stride Ventures, proudly unveils Dor — India’s First Subscription-based Television Service. Focusing on technological innovation and seamless user experience, Dor is set to transform how Indian households access and enjoy entertainment at home and on the move. This one-of-its-kind product-as-a-
This groundbreaking subscription service integrates a high-performance 4K QLED TV with SVOD OTT streaming platforms, AVOD platforms, Live channels, Gaming, News and more into a single, affordable monthly subscription plan. Powered by India’s indigenously designed and developed, Dor TV OS, the subscription platform ensures an intuitive and unified viewing experience for consumers, eliminating fragmented navigation across multiple devices or apps
Rahul Sharma, Co-Founder of Micromax Informatics, also shared his thoughts: "The home entertainment landscape is witnessing a tectonic shift with the rise of subscription and leasing models. Younger audiences, Gen Y and Zoomers, prefer renting over owning, prioritizing flexibility and value. With Dor, we are introducing a market disruptor that meets these evolving consumer preferences. Leveraging India’s indigenously designed and developed Dor OS, this TV Subscription Service captures what a future-ready technology can achieve across Global Markets. We strongly believe Dor is poised to be a game-changer in the Indian entertainment ecosystem, offering a unified service to address affordability and innovation for our customers."
Anuj Gandhi, Founder and CEO of Streambox Media, expressed his enthusiasm about the launch: "The Indian connected TV ecosystem is rapidly evolving, with the number of connected TV households expected to grow from 50 million to 100 million within the next five years. However, fragmented services and high upfront costs continue to deter a large segment of potential users. Dor bridges this gap by integrating cutting-edge AI technology, multiple content platforms, and the proprietary Dor OS with its hyper-personalization and intuitive content discovery into a subscription-based model. As a first-of-its-kind TV-as-a-service model in India, Dor positions itself as a future-ready innovation, offering unmatched value to an addressable market with immense growth potential. We strongly believe that Dor has the potential to become a must-have for consumers in times to come, and that's why we offer a 4-year warranty along with security and software upgrades. We are here to make a real difference.”
Mark Your Calendars! ‘Sonic The Hedgehog 3’ Hits Theaters January 3, 2025
Watch the Trailer Now!
Three times the speed, three times the thrills, and three times the fun - get ready to race into a whirlwind of action, humor, and high-speed adventure as Sonic the Hedgehog 3 gears up to hit the big screen! Following the success of its predecessors, this third installment promises to up the ante with a thrilling new chapter in Sonic's saga as Sonic and his friends, Tails and Knuckles, gear up to face their greatest challenge yet! The movie teases the arrival of Shadow the Hedgehog, a fan-favorite character whose mysterious past and intense rivalry with Sonic will set the stage for an epic showdown. Expect jaw-dropping visuals, heart-pounding chases, and the signature wit that has made Sonic a beloved icon!
Paramount Pictures India Trailer link - https://www.youtube.com/watch?
The film is led by a stellar cast featuring Jim Carrey, Ben Schwartz, James Marsden, Tika Sumpter, Idris Elba, Keanu Reeves, Krysten Ritter, Lee Majdoub, Natasha Rothwell, Adam Pally, Shemar Moore, Colleen O’Shaughnessey, Alyla Browne and James Wolk.
Directed by Jeff Fowler, the film continues to honor the spirit of the classic Sega games while delivering an experience for viewers of all ages. Sonic the Hedgehog 3 is set to be a rollercoaster ride of speed, friendship, and heroics - get ready to experience action, heart, and high-speed thrills in the most epic chapter yet!
Produced by Neal H. Moritz, p.g.a., Toby Ascher, p.g.a.,Toru Nakahara, Hitoshi Okuno and Directed by Jeff Fowler, Paramount Pictures Presents this film in association with Sega Sammy Group.
Mark your calendars for 3rd January 2025 and get ready to speed into Sonic's world once again in English in 4Dx
EDM Mall Hosts "Chess-O-Mania" – Celebrating the Winners of Delhi NCR's First Mall Chess Tournament
The event was a celebration of talent, with players competing across three categories— Under 10, Under 15, and Open (no age limit). The winners stood tall as the stars of the day. Pranit Rastogi triumphed in the Under 10 category, with Shivansh Poddar finishing as runner-up. In the Under 15 group, Abhinav Jaiswal emerged victorious, followed closely by Pranav Sharma. The Open category saw a thrilling contest, with Om Batra claiming the top spot and Gaurav Sharma securing second place.
In addition to trophies and gift hampers sponsored by EDM Mall and its partners, Torque and Clear Water, the Open category winner, Om Batra, walked away with a cash prize of Rs 8,000, adding a touch of grandeur to the event. The thoughtful prizes and the mall’s vibrant setup created a festive vibe that resonated with participants and their families alike.
Amid Delhi’s harsh weather, the indoor tournament offered a safe and enjoyable setting, making it a perfect outing for families. The chess boards weren’t the only source of excitement; the buzzing atmosphere of the mall, complete with amenities and entertainment options, turned "Chess-O-Mania" into more than just a competition—it was an experience to cherish.
Reflecting on the event’s success, Gaurav Gulati, Managing Director of CCPL, said: “Chess is a game of focus, strategy, and intellect, and hosting an event like this at EDM Mall has been an incredible journey. We’re delighted to have created a platform where young talent and seasoned players alike could come together in a spirit of friendly competition. At EDM Mall, our goal is to offer experiences that engage, inspire, and bring people closer.”
From its seamless organization by experienced coaches like Vivek Mitra and Shashank Kumar, to the enthusiastic participation from players and the support of families, "Chess-O-Mania" was a testament to the growing appeal of chess as a sport and a community-building activity. The event’s success has set the stage for many more such initiatives, further cementing EDM Mall’s reputation as a hub for creativity, talent, and unique experience
OPAL-RT Technologies Unveils RT24-India: India’s First Real-Time Simulation User Experience Conference
“ELECTRIFYING THE WORLD BEYOND REAL-TIME”
National, November 26th, 2024: OPAL-RT Technologies, a global leader for over 20 years in developing PC/FPGA-based real-time simulation solutions, proudly announces India’s first Real Time(RT) event, RT24—India. This mega two-day conference will be held on 17th and 18th December, 9 AM onwards at Hyatt Centric Hebbal, Bangalore, featuring live demonstrations, keynotes, User presenters and technical sessions covering a wide range of topics, including Aerospace, Power systems, Energy conversion, eMobility, and more.
This RT-24 User Conference is OPAL-RT’s first event of its kind in India, it is part of OPAL-RT’s global RT-Local initiative, bringing real-time innovation closer to regional hubs—a space designed for industry experts, academic leaders, and technology innovators to showcase how OPAL-RT’s cutting-edge simulation solutions solve complex challenges across sectors. As part of this initiative, the RT24 series is being hosted across six locations worldwide, including Brazil, the UK, the Middle East, Japan, South Korea, and India. OPAL-RT has a long-standing history of advancing real-time simulation technology, serving prestigious clients, including DRDO, BHEL, HAL, BEL
This event will host eminent experts like, Dr. Siddhartha Mukhopadhyay; Professor of Electrical Engineering, IIT Kharagpur, Dr. Sarasij Das; Associate Professor, Indian Institute of Science, Dr Faruk Kazi; Professor of Electronics Engineering, Veermata Jijabai Technological Institute (VJTI), and Dr Rajeev Singh; Assistant Professor, IIT Bhubaneswar on December 17th. Followed by Mr. Pulak Halder; Defence Research and Development Organisation (DRDO) scientist, RCI - Research Centre Imarat, DRDO, Ms. Ujwala Karle; Deputy Director Technology Group, ARAI, Mr. Himadri Bhushan Das, Chief Solution Architect, ElectraEV, Mr Reji Kumar Pillai, President, India Smart Grid Forum on December 18th.
The event will have OPAL-RT’s Global President and CTO, Mr Jean Bélanger and Executive Vice-President, Ms Lise Laforce Mr Ashot Minasyan, Chief Technology Officer, Bitlismen as chief Guest of Honour.
On this auspicious occasion, Mr. Girish Nanjundaia,h Managing Director – Indian Subcontinent, Opal-RT Technologies India Pvt. Ltd., who himself is a pioneer in the Engineering Simulation Tools industry with a 30-year Legacy of Shaping the Engineering Landscape expressed his enthusiasm stating, “We are happy to bring RT24 to India, and we hope to flourish and capture the Indian market by integrating our technology into complex systems design, enabling faster, more reliable testing and prototyping”.
The event aims to address the demand and supply of talents in India. Opal-RT’s real time simulation tools will help both the industrialist & Academic personnel to engage and bridge the gap between the talents and real time simulation industry. At this conference, we will have experts, who will discuss how the ever-growing $20 billion real-time simulation market of today will unlock unique challenges and opportunities in finding ways to leverage the increasing demand for real-time data-driven solutions. We will have a fair amount of knowledgeable experts who use OPAL -RT software and have been growing their market, along with how they are solving the real time problems. Identifying the cause and provisioning prompt solutions to grow in their individual industry.Thus Conference enhances the user experience and provides solutions that have driven business growth and innovation across sectors for more than 20 years.
RT24-India will showcase OPAL-RT's focus on empowering India's industries and academia with transformative simulation technologies. This event will be a great opportunity to delve into trends, build collaboration, and spearhead the real-time simulation agenda.
Franchise Batao’s Ashish Aggarwal and Rising Star Communication’s Durvesh Yadav launch their Podcast to inspire
Ashish and Durvesh have launched a transformational podcast called The Ashish and Durvesh Talk Show, which brings answers to everyday curiosities of Indians and a wealth of knowledge around a range of topics related to life through the journey of celebrated people.
New Delhi, 26th November 2024- Durvesh Yadav and Ashish Kumar Aggarwal recently launched their podcast, which inspires Indians to think big and dream about achieving greatness, just like the guests featured on the show. The motivational and uplifting podcast digs deep into personal and professional challenges shaping the careers of India's most renowned and influential personalities. With the 4 episodes already being cherished by the audience, this show promises to deliver an honest peek into the challenges that shape the successful journeys of the most adored personalities in the country.
Starting the podcast with eminent guests like Ram Verma, Vaastu Naresh, Shashish Kumar Tiwari, and Ved Prakash this show certainly sets the bar high for future episodes. The upcoming episodes will surely inspire the viewers with guests like Suresh Mansharamani, Kunwer Sachdev, and many more. Such an exciting lineup will keep listeners engaged with mind-probing themes and interesting stories, keeping them hooked and curious about what's next.
One of the hosts, Ashish Kumar Aggarwal, is the founder of Franchise Batao. He is a dynamic entrepreneur who has vowed to empower businesses and aspiring franchise owners. His expertise bridges the gap between brands and people to achieve growth and innovation in the franchise business. Another co-host, Durvesh Yadav, is a marketer, consultant, and CEO of Rising Star Communication. He likes to develop impactful branding and marketing ideas and is known for his innovative approach to unlocking a business's true potential and answering more-than-just-
This show is a perfect blend of inspiration and practical wisdom for the audience. It promises to take the listener on exciting conversations with visionaries to help them grow better. The podcast will cover topics ranging from personal development to entrepreneurship, social change, and great new technologies.
Speaking of the venture, Durvesh Yadav, Marketer, Business Consultant, and the CEO of Rising Star Communication, said, "We want to bring stories that can be a guiding light to the viewers—stories that connect deeply with them. Growing up, I often felt limited because asking questions wasn't always encouraged. With this platform, I now have the chance to question every basic thing.
Ashish Kumar Aggarwal, Founder of Franchise Batao said, "Through this platform, we are looking to deal with actual issues our audience faces- be it lack of direction, insights, or inspiration in personal and professional life. After interacting with so many people, I see the problems they face seeking the right guidance or solutions to their specific problems. It's our effort to bridge that gap by bringing some powerful stories, expert advice, and actionable strategies in the form of a podcast.”
The podcast will combine raw and honest conversation. The Ashish and Durvesh Talk Show is available to listen to on YouTube @AshishandDurvesh and Spotify. It will soon be available on platforms like Amazon Music, Apple Podcasts, and six more.
About the show:
The Ashish and Durvesh Talk show promises to deliver every episode with an insightful discussion with experts and change-makers from different walks of life. From startup journeys and tech innovations to mindfulness and wellness, the show covers a wide range of topics. The talk show
Jindal (India) Limited Hosts Retailer Meet ‘Milaap’ in Visakhapatnam; Plans to Further Strengthen Presence in the Region
The event, organized in collaboration with Jai Kapees Associates, was attended by close to 100 retailers.
These events, organized by Jindal (India) Limited, are in line with the company’s endeavour to further fortify its foothold in the region and expand its geographical presence across India. During the meet, the downstream steel products manufacturer showcased its range of advanced coated steel products, each designed to meet the specific demands of various industries while ensuring high performance and durability. Among these was Jindal Sabrang, an offering from Jindal (India) Limited that redefines the aesthetics of steel by introducing a vibrant array of colour-coated options with exceptional corrosion resistance in outdoor applications.
In addition, the company apprised the retailers about Jindal NeuColor+, a range that represents the pinnacle of premium coated steel products, offering a combination of advanced technology, aesthetic versatility, and long-lasting durability. The product offering, from Jindal (India) Limited, is engineered with a special coating process that makes the steel sheet exceptionally resistant to corrosion and colour fading.
“Jindal (India) Limited has already established itself as one of the leading players in the East and the South markets in India, having a strong foothold in these regions. Over the years, Visakhapatnam has emerged as a key market with a growing demand for Jindal Sabrang. The Milaap Retailer meet is a step to educate retailers in the region about Jindal (India) Limited's premium offerings and our new innovations. With this, we aim to further penetrate the current markets and strengthen our presence,” said a Jindal (India) Limited’s spokesperson.
As part of this initiative, Jindal (India) Limited’s representatives also discussed the company’s plans for the region, gather first-hand feedback from the retailers and address any challenges that they may be facing. This proved beneficial to Jindal (India) Limited to network with the retailer partners driving growth across the region for the company and further strengthening the company’s position as a trusted and evolving company.
Since its inception, Jindal (India) Limited has been steadfastly committed to nation-building initiatives, strongly supporting the Government of India's push for modern infrastructure.
Recently, the company also announced a strategic capacity expansion of 0.6 Million MT, a 60 per cent increase from its current capacity of 1 Million MT per annum with a capex spend of over INR 1,500 Crore. This expansion will primarily focus on new lines for coated flat products, allowing Jindal (India) to increase production of current range of products, diversify into new segments like solar and home appliances, and contribute to import substitution, reinforcing its commitment to innovation and growth.
Interarch to Expand Installed Capacity with Phase 2 Andhra Pradesh Unit and Kichha Plant Upgrade, Strengthens R&D Initiatives
New Delhi November 26th, 2024: Interarch Building Products Limited (BSE Code: 544232) (NSE: INTERARCH), a leading player in the Pre-Engineered Buildings (PEB) and steel structure industry, announced the commencement of the construction of Phase 2, of its South India manufacturing facility, in Andhra Pradesh (AP). This expansion follows the successful inauguration and rapid capacity ramp-up of Phase 1 in September 2024, underscoring a significant milestone in the company’s growth journey. Phase 2, designed to replicate the capacity of Phase 1, is expected to become operational by April 2025, further strengthening Interarch’s production capabilities in the region.
Alongside the capacity expansion at its Andhra Pradesh plant, Interarch has initiated a major upgrade at its North India manufacturing facility in Kichha, Uttarakhand. This upgrade marks the second-largest expansion in recent years, following the expansion in 2021. The enhancement will boost the plant’s capability to handle multi-story buildings and heavy steel structures. With an additional installed capacity of 20,000 metric tons, the Kichha plant upgrade will play a pivotal role in supporting Interarch’s growing presence in the Indian market.
With the AP Phase 2 unit expected to be operational and the Kichha upgrade completed by April 2025, Interarch’s total installed capacity is projected to surpass 200,000 metric tons per annum.
As part of its commitment to fostering innovation and growth, Interarch has established a dedicated Research and Development (R&D) and Innovation Centre in Chennai. The centre will be led by Engr. M. Rajan, a distinguished professional with a Master’s degree in Structural Engineering, and credentials as a Chartered Engineer (CEng) and Member of the Institution of Structural Engineers (MIStructE), UK. With his 24 years of extensive experience in the steel structures industry, Mr. Rajan brings a wealth of expertise to the role. The R&D Centre will focus on delivering value-engineered solutions for Heavy Industries, High-rise Structures, Commercial Buildings, and Data Centres. The R&D centre aims to reduce project timelines by up to 30% through enhanced engineering design and manufacturing efficiencies. Additionally, it will serve as a hub for providing advanced training to Interarch’ s engineering teams across the country.
Commenting on the development, Mr. Arvind Nanda, Managing Director, Interarch Building Products Ltd. said, “The Phase 2 expansion in Andhra Pradesh, along with the upgrade at our Kichha plant, marks a key milestone in our growth journey. By scaling up our manufacturing capabilities, we are positioning Interarch to play a pivotal role in India’s rapidly growing infrastructure sector. Our aim for 2025 is to achieve a installed capacity of over 200,000 metric tons annually, reinforcing our commitment to supporting the country’s growing demand for high-quality sustainable building solutions.”
Mr. Gautam Suri, Whole Time Director of Interarch Building Products Limited said, "The launch of our new R&D and Innovation Centre in Chennai represents a forward-thinking approach to shaping the future of pre-engineered buildings. We are focusing on creating value-engineered solutions that address the evolving needs of key sectors Heavy Industries, High-rise Structures, Commercial Buildings, and Data Centres. This initiative underscores our dedication to pushing the boundaries of innovation and driving excellence within the PEB industry.”
अवीनो बेबी ने 11,000 से अधिक भारतीय स्वास्थ्य पेशेवरों के साथ मिलकर ‘जल्दी शुरू करें, एटोपिक डर्माटाइटिस को रोकें’ का संकल्प लिया, गिनीज वर्ल्ड रिकॉर्ड्स™ का खिताब हासिल किया
Shoestopper Of The Year: Anaita Shroff Adajania Pairs Up With Anaar, The Luxe Footwear Brand To Deliver The Collection Of The Year!
Mumbai, November 2024: The festive season just got a whole lot more glamorous! Get ready to up your style quotient as Anaar, the luxe footwear brand, joins forces with India’s ultimate fashion and styling icon, Anaita Shroff Adajania, in the collaboration of the year. In this, ‘Anaita x Anaar, the collaboration of the millennia, Anaita brings to Anaar her signature boldness and fearless charm, a true shoestopper that is here to turn heads, break rules and strut in style to the beats of one’s unapologetic self.
The Anaita x Anaar collection is the spark igniting a new fashion revolution. The electrifying capsule collection captures the spirit of the maximalist fashion movement, fusing Anaar's commitment to crafting exquisite footwear with Anaita’s unparalleled eye for style and legendary aesthetic—giving birth to a collection that is as innovative as it is timeless. The renowned Indian fashion stylist and costume designer, has revolutionized Indian fashion with her innovative and trendsetting style. She has styled numerous Bollywood stars and prominent personalities, including Shah Rukh Khan, Deepika Padukone, Aishwarya Rai Bachchan, Hrithik Roshan, Katrina Kaif, and Ananya Panday, to name a few. Her influence extends beyond India, as she has left an indelible mark on international platforms by styling celebrities like Alia Bhatt and Isha Ambani for prestigious events like the Met Gala, showcasing Indian fashion on the global stage. Bringing the same expertise to Anaar, every design in Anaita x Anaar embraces the essence of personality-driven fashion, encouraging everyone to step into something truly transformative.
Talking about their collaboration Anaita Shroff Adajania says, “Working with Anaar to bring forth this collection was exciting. This collection is not for the faint-hearted. It’s about being bold and making a style statement. It celebrates the radiant side of embellishment—oversized diamantes, astral-inspired embroidery, and a touch of playful sophistication. My favourite is the Starlit Collection, where stars and planets shimmer against a deep navy canvas, adorned with silver, and gold beads, and delicate pearls. It tells a story of wonder and joy, reminding us that we are our own brightest stars! With Anaar’s stunning craftsmanship and my love for unapologetic glamour, this collection is all about stepping out, standing tall, and owning every moment.”
Each of the collection's six themes delivers a curated lineup that brings drama, glamour, and undeniable personality to every step. Designed for those who want to live life in the spotlight, Anaita x Anaar introduces vibrant styles that are perfect for anyone ready to go big, go bold, and embrace a new era of style. From bejewelled boots to luxurious, edgy sneakers, there's something for everyone. The "Shine On" collection features playful and vibrant pieces like the "Starry Nights" wedge sneakers and the "Eye Candy" wedge sandals. The
"Item Girl" collection exudes confidence and allure, with the "Britney" boots and "IT Girl" platform shoes stealing the show. The "Starlit" collection is a celebration of glitz and glamour, with the "Glitterati" platform and "Moonwalk" sneakers taking centre stage.
For those who dare to be different, the "Disco Deewani" collection offers edgy and experimental designs, such as the "Sans Serif" peep-toe boots and the "Terrazzo" classic sneakers. The "Boho Bride" collection is a tribute to the timeless elegance of Indian weddings, with the "Sajna" wedge sneakers and "Heer Heer" platform shoes capturing the essence of bridal couture. Finally, the "Maharani Moves" collection is a celebration of celebrity style, with the "Nine One One" wedge sneakers and "Vintage Vanity" wedge sandals turning heads wherever you go.
“Aside from being one of Anaita's biggest fans, her work has defined style through decades and has been transformational. Through her work, our homegrown talents have become global style icons and at a deeper level, her work defies all stereotypes, something which was the starting point for us also when we first launched Anaar. Anaar is all about having 100% fun in the moment and Anaita is all about unapologetic self-expression and being audacious through style, so the collaboration between Anaar and Anaita has been lovely. It's been amazing working with her through this entire collection. Each piece in the Anaar x Anaita collection is designed to inspire confidence and celebrate individuality—it's all about making bold choices and expressing your unique style.” says Tanushri Biyani, Founder of Anaar Footwear,
With each theme in the Anaita x Anaar collection, fans can expect a fusion of daring aesthetics and unmatched quality, made to inspire bold, unapologetic fashion statements. This collection invites you to explore new facets of your style, with shoes that capture the heart and celebrate individuality
Available now, Anaita x Anaar is more than just footwear; it’s a movement. Step into the world of Anaar and Anaita, where you are most definitely making a statement!
Channelplay to Enhance HMD Global’s In-Store Brand Visibility with Semi-Permanent Flange Installations Across 6000 Stores in India
Gurgaon, 26th November 2024 — Channelplay Limited, a leader in visual merchandising and retail execution, has been awarded the mandate by HMD Global to enhance the brand’s in-store visibility through the installation of lit hanging flanges. This initiative will span 6000 stores across India, positioning HMD as a leading presence within the multi-brand outlet (MBO) landscape and providing a long-term branding solution in-store.
The project will commence with a pilot phase in 500 stores, where Channelplay will manufacture and install premium, lit hanging flanges designed to achieve sustained brand visibility. This initial deployment, set for completion within a targeted 45-day period, marks a forward-thinking approach by HMD Global to leverage semi-permanent branding solutions that will stay relevant in-store for extended periods.
"We are thrilled to partner with HMD Global on this impactful initiative. The deployment of lit hanging flanges serves as a semi-permanent in-store branding tool, providing lasting visibility and brand presence for HMD in stores across India," said Yasir Hussain, Vice President of Visual Merchandising Business at Channelplay Limited. "Flanges are increasingly becoming a preferred choice for brands, particularly in MBO channels, as they offer an effective, long-term visibility solution that integrates seamlessly with the retail environment. HMD’s decision to adopt this approach highlights their agility and commitment to staying ahead of industry trends by investing in innovative in-store branding strategies that engage customers and enhance brand recall."
This pilot project will not only set the groundwork for an expansive rollout to the remaining 5500 stores but also demonstrate the effectiveness of flanges as a durable branding medium that offers continued impact over time. By choosing this route, HMD Global showcases their quick-thinking and dedication to staying ahead of industry shifts, making a strong, lasting impression on customers within the competitive retail market.
This collaboration solidifies Channelplay’s role as a trusted partner for retail and visual merchandising solutions, catering to some of the most recognized brands in the market.
About Channelplay Limited
Channelplay Limited is a premier retail marketing and sales enablement company, specializing in POSM production, field marketing, sales automation, and market research. With a vast network and innovative solutions, Channelplay is dedicated to driving brand growth and enhancing customer experiences.
Over 70% innovation in Indian MedTech startups driven by digital integration; several factors propel industry growth: EY Parthenon report
- Government initiatives are positioning India as a global MedTech hub
- Among Indian MedTech startups, 79% of all innovations are driven by medical technology solutions[1] and 21% are purely driven by digital solutions.
- Both established players and dynamic startups are driving innovation up the value chain
Delhi, 26 November 2024: The Indian MedTech market is witnessing a surge of creativity and innovation from start-ups, as they integrate pure medical technology with digital advancements, reveals EY Parthenon’s latest report. The report titled, “India’s MedTech industry: The renaissance of a sector”, highlights that over 70% innovations by MedTech startups in India are driven by digital integration, further revolutionizing healthcare.
India’s medical technology (MedTech) sector, currently valued at USD 12 billion in 2023, is on a trajectory to reach USD 50 billion by 2030, with a projected CAGR of ~20.1% from 2020 to 2030[2]. This ambitious growth will be fuelled by several critical factors, including supportive government policies aimed at reducing import dependence and bolstering exports, according to the report.
EY Parthenon’s analysis of 100 MedTech start-ups (50 Indian and 50 global) gained insights into innovation trends. Key findings reveal:
- Both global and Indian startups have common innovation themes such as advancements in early disease detection, home-based care, advanced materials, minimally invasive techniques and integration of digital technologies
- Among Indian MedTech startups, 79% of all innovations are driven by medical technology solutions [~63% of these (79%) solutions are digitally integrated]. Additionally, 21% of all innovations are purely driven by digital solutions.
- Indian startups are actively integrating digital solution such as AI, IoT, and cloud computing to democratize healthcare with portable devices, remote monitoring and screening tools
Commenting on the report, Suresh Subramanian, National Lifesciences Leader, EY Parthenon India said "The growth of India’s MedTech sector presents a unique opportunity to redefine healthcare on a global scale. The trends we're seeing today—ranging from the integration of digital health technologies to the rise of personalized care—are just the beginning. These innovations will be transformative, not only for healthcare providers but for the patients who will benefit from more accessible, efficient, and personalized care.”
“With rising investments, strategic collaborations, and strong commitments from both global and Indian firms, India’s MedTech industry is poised for sustained growth and success. The government’s support in fostering innovation and scaling manufacturing will be key to unlocking this potential, positioning India not only as a leader in the domestic market but also as a global hub for MedTech innovation.”, he added.
It further delves into EY Parthenon's analysis of new products and product extensions launched by leading global and Indian MedTech companies between January 2023 and July 2024. The research revealed that:
- The industry is advancing through three innovation models, incremental improvements, substantial innovation and breakthroughs emphasizing on safety, efficacy, accessibility/affordability, and efficiency of devices.
- Digital technologies are at the core of innovation: technologies such as AI, ML, IoT, and cloud computing are being integrated into all sub-segments, enhancing device functionality, enabling real-time data analysis, improving patient outcomes, and optimizing healthcare workflows.
Additionally, the report highlights 14 key growth drivers organized under following three main categories, which collectively aim to propel India’s MedTech sector growth:
1) Changing disease patterns and healthcare delivery models: Increasing prevalence of chronic diseases, increasing focus on prevention, an aging population and shift towards alternate site of care is resulting in demand of medical devices such as wearables, devices for remote monitoring, disease management and early screening.
2) Demographic and socioeconomic factors: Rising income, greater healthcare insurance coverage, infrastructure development, and expanding medical tourism are creating demand for both affordable and innovative medical devices.
3) Evolving MedTech industry ecosystem: Sector is experiencing transformative growth driven by strategic government initiatives (including streamlined regulations, infrastructure development, R&D incentives, and specialized workforce development programs), a vibrant startup ecosystem fostering innovation, robust digital capabilities leveraging AI and IoT, and substantial capital inflow through PE/VC funding and FDI. These supportive elements are catalysing MedTech industry evolution from import dependency to becoming a potential global MedTech hub.
The Government of India has implemented a range of initiatives, from regulatory reforms like the ‘Medical Device Rules, 2017’ and the ‘National Medical Device Policy, 2023,’ to infrastructure and R&D support through programs such as the Production Linked Incentive (PLI) scheme, medical device park promotions, and the PRIP scheme.
India’s global leadership in MedTech innovation
India’s MedTech sector is on an upward trajectory, with both Indian and global MNCs actively implementing strategies like local production, strategic collaborations, market expansion, and digital innovation to capitalize on this growth. The Indian companies are increasing their global footprint through cost effective options of products from MNC portfolios they are also embedding innovation and creating Global portfolios that help penetrate global markets. Global MNCs are also increasingly transferring core capabilities and intellectual property (IP) development to Global Capability Centers (GCCs) and looking at tie-ups with CMOs in India, reinforcing the country’s position as a global MedTech innovation and manufacturing hub.
includes medical solutions with digital integration