Nestlé Purina India has launched “Gravy-tational Pull”, a digital-first campaign for FELIX®, bringing to life a simple truth every cat parent knows well – when something is truly irresistible, cats have a way of making it impossible to ignore.
Built around the playful idea of an invisible force drawing cats towards their favourite gravy, the campaign celebrates the curious, mischievous personalities that make cats so endearing. Through relatable storytelling and creator-led content, ‘Gravy-tational Pull’ captures those everyday moments when cats mysteriously disappear, only to be found exactly where something delicious awaits them.
Commenting on the campaign, Ms. Pallavi Anand, Head, Nestlé Purina PetCare India, said, "At FELIX®, we believe cats will do anything for FELIX®, and 'Gravy-tational Pull' is our latest expression of that brand idea. The campaign creatively blends AI-generated storytelling with the internet's enduring fascination for cat memes, partnering with some of India's most-loved cat meme pages and creators to tell a story that's entertaining, relatable and native to digital culture. It reflects FELIX's playful personality while celebrating the irresistible bond between cats and the food they love."
FELIX® Gravy Lover is crafted to deliver a delicious gravy experience that cats love, while providing 100% complete and balanced nutrition. With ‘Gravy-tational Pull’, Nestlé Purina continues to strengthen its connection with India's growing community of cat parents through engaging, culturally relevant storytelling that celebrates the unique bond they share with their feline companions.
Link to the post - https://www.instagram.com/reel/DanMdbFIAyf/?igsh=am56dTR4N2IyMmdl
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Friday, August 7, 2026
Samsung Launches 2026 Edition of Samsung Innovation Campus to Help Build India's AI Talent Pipeline
· Samsung Innovation Campus will train 20,000 young people in AI across 10 states in collaboration with the Electronics Sector Skills Council of India (ESSCI) and the Telecom Sector Skill Council (TSSC).
· Since 2022, SIC has trained more than 26,500 young people across India, with 48% women participation last year
· The flagship CSR programme reinforces Samsung's commitment to strengthening India's AI-ready workforce through industry-led skilling
Samsung India has announced the launch of the 2026 edition of Samsung Innovation Campus (SIC), its flagship CSR programme dedicated to equipping young people with industry-relevant skills in artificial intelligence (AI).
The 2026 edition will be implemented in collaboration with the Electronics Sector Skills Council of India (ESSCI) and the Telecom Sector Skill Council (TSSC). Through these collaborations, Samsung aims to train 20,000 young people in AI across 10 states, expanding access to industry-relevant AI education and helping strengthen India's future AI talent pipeline.
AI is changing how the world works —from healthcare and manufacturing to education and everyday services. As India accelerates its AI ambitions, building a skilled workforce will be essential to help more people harness the power of AI and drive innovation.
Now in its fourth year in India, SIC will provide young people aged 18–25 with hands-on AI training, project-based learning, mentorship, and exposure to real-world applications, preparing them for careers in one of the world's fastest-growing technology domains.
“AI represents one of the greatest opportunities of our time, and India is uniquely positioned to lead this transformation through the strength of its young talent. Realising that opportunity will require sustained investment in developing the right skills, encouraging innovation and making AI education more accessible to every aspiring learner, regardless of where they come from. At Samsung, we believe technology creates its greatest impact when it empowers people. Through SIC, we are investing in the next generation of AI talent, helping young Indians build the knowledge, confidence and practical experience needed to contribute to India’s innovation journey. As we celebrate 30 years in India, we remain committed to supporting the country’s vision of becoming a global AI leader by nurturing the talent that will shape its future,” said JB Park, President and CEO, Samsung South West Asia.
As Samsung celebrates 30 years in India, the latest edition of SIC reflects the company's long-term commitment to developing technology talent and supporting India's emergence as a global hub for AI and innovation. Beyond technical learning, the programme is designed to cultivate problem-solving, critical thinking and collaboration, enabling participants to build practical AI solutions while enhancing their career readiness.
Launched in India in 2022, SIC has trained more than 26,500 young people across the country in emerging technologies. In 2025, the programme witnessed 48% women participation making advanced technology education more accessible to aspiring learners from diverse backgrounds.
SIC is part of Samsung's broader commitment to strengthening India's innovation and skilling ecosystem. Alongside initiatives such as Samsung Solve for Tomorrow, which nurtures young innovators and entrepreneurs, and Samsung DOST, which develops industry-ready talent for sales and technical service roles, Samsung continues to invest in building the skills, capabilities and innovation mindset that will help power India's AI-driven future.
· Since 2022, SIC has trained more than 26,500 young people across India, with 48% women participation last year
· The flagship CSR programme reinforces Samsung's commitment to strengthening India's AI-ready workforce through industry-led skilling
Samsung India has announced the launch of the 2026 edition of Samsung Innovation Campus (SIC), its flagship CSR programme dedicated to equipping young people with industry-relevant skills in artificial intelligence (AI).
The 2026 edition will be implemented in collaboration with the Electronics Sector Skills Council of India (ESSCI) and the Telecom Sector Skill Council (TSSC). Through these collaborations, Samsung aims to train 20,000 young people in AI across 10 states, expanding access to industry-relevant AI education and helping strengthen India's future AI talent pipeline.
AI is changing how the world works —from healthcare and manufacturing to education and everyday services. As India accelerates its AI ambitions, building a skilled workforce will be essential to help more people harness the power of AI and drive innovation.
Now in its fourth year in India, SIC will provide young people aged 18–25 with hands-on AI training, project-based learning, mentorship, and exposure to real-world applications, preparing them for careers in one of the world's fastest-growing technology domains.
“AI represents one of the greatest opportunities of our time, and India is uniquely positioned to lead this transformation through the strength of its young talent. Realising that opportunity will require sustained investment in developing the right skills, encouraging innovation and making AI education more accessible to every aspiring learner, regardless of where they come from. At Samsung, we believe technology creates its greatest impact when it empowers people. Through SIC, we are investing in the next generation of AI talent, helping young Indians build the knowledge, confidence and practical experience needed to contribute to India’s innovation journey. As we celebrate 30 years in India, we remain committed to supporting the country’s vision of becoming a global AI leader by nurturing the talent that will shape its future,” said JB Park, President and CEO, Samsung South West Asia.
As Samsung celebrates 30 years in India, the latest edition of SIC reflects the company's long-term commitment to developing technology talent and supporting India's emergence as a global hub for AI and innovation. Beyond technical learning, the programme is designed to cultivate problem-solving, critical thinking and collaboration, enabling participants to build practical AI solutions while enhancing their career readiness.
Launched in India in 2022, SIC has trained more than 26,500 young people across the country in emerging technologies. In 2025, the programme witnessed 48% women participation making advanced technology education more accessible to aspiring learners from diverse backgrounds.
SIC is part of Samsung's broader commitment to strengthening India's innovation and skilling ecosystem. Alongside initiatives such as Samsung Solve for Tomorrow, which nurtures young innovators and entrepreneurs, and Samsung DOST, which develops industry-ready talent for sales and technical service roles, Samsung continues to invest in building the skills, capabilities and innovation mindset that will help power India's AI-driven future.
Turkish Airlines Recorded A Net Profit Of USD 197 Million In The Second Quarter Of 2026
* Turkish Airlines Balanced the Adverse Effects of the War in the Middle East Through Dynamic Capacity Management and Recorded a Net Profit of USD 197 Million in the Second Quarter of 2026.
* In the second quarter of 2026, Total Revenues increased by 20.5% year-on-year to USD 7.2 billion. During the same period, cargo revenues increased by 58% compared to 2025, reaching nearly USD 1.3 billion.
* In the second quarter of 2026, EBITDAR (Earnings Before Interest, Taxes, Depreciation, Amortization and Rent) margin exceeded the Company’s guidance of 8%, reaching 12.6%.
* Supported by favorable demand from Asia, as well as Europe and Africa, passenger load factor increased by 1.8 percentage points to 84.0%, marking the highest second-quarter load factor in Turkish Airlines’ history.
* Through selective investment decisions in line with its strategic priorities, Turkish Airlines invested a total of USD 3.1 billion in the first six months of the year.
* Consolidated Total Assets amounted to USD 51 billion and total employment including all subsidiaries exceeded 101 thousand.
* Third-quarter EBITDAR margin is expected to be in the range of 20–25% as robust passenger and cargo demand is expected to limit the adverse impact of higher jet fuel prices resulting from renewed geopolitical tensions.
As Europe’s leading network carrier by number of flights, Turkish Airlines continued to expand its fleet in line with its sustainable growth targets despite uncertainties resulting from the war in the Middle East and bottlenecks in aircraft production. Expanding its fleet by 14% year-on-year to 552 aircraft as of the end of June 2026, Turkish Airlines increased its Total Revenues by 20.5% year-on-year to USD 7.2 billion in the second quarter of 2026, supported by capacity planning adapted to rapidly changing operating environment. Although geopolitical developments in the Middle East placed significant pressure on global air cargo capacity during the second quarter of 2026, Turkish Cargo responded effectively to demand through its strong infrastructure and strategic geographical position. As a result, cargo volume increased by 11.3%, while cargo revenues rose by 58% to nearly USD 1.3 billion.
The impact of the war in the Middle East was reflected noticeably in the second-quarter financial results due to the delayed effect of the sharp increase in jet fuel prices on costs. Nevertheless, higher passenger and cargo unit revenues served as an important balancing factor, driven by the Company’s selective growth strategy with a continued focus on profitability. Reflecting this performance, EBITDAR exceeded the Company’s publicly announced guidance, surpassing USD 900 million, while EBITDAR margin was recorded at 12.6%. During the same period, a Net Profit of USD 197 million was recorded with the positive contribution of the investment portfolio.
Commenting on the second quarter 2026 results, Turkish Airlines Chairman of the Board and the Executive Committee, Prof. Murat Şeker, stated: “Despite the uncertainty caused by geopolitical developments in the Middle East and the sharp increase in fuel prices, we have successfully managed this challenging period, as we have in previous crises. This was made possible by our extensive flight network, diversified business model and agile operational capabilities. At the same time, we continued to implement end-to-end efficiency initiatives across all units of our Company while maintaining our disciplined cost management approach. As Turkish Airlines, we will continue to bring continents, cultures and people together through our products and services while keeping flight safety and customer satisfaction at the center of our focus. Capitalizing on strength from our operational scale, sound financial structure and highly qualified human capital, we will continue to progress toward our Centennial targets amid challenging operating environment.”
Having successfully completed the second quarter of 2026, Turkish Airlines proudly represents Türkiye’s flag in all corners of the world through its unique flight network, modern fleet and superior service. In the periods ahead, our contribution to the sustainable growth of the aviation sector both in Türkiye and abroad will continue to increase in line with our country’s development objectives and our Centennial Strategy.
About Turkish Airlines:
Established in 1933 with a fleet of five aircraft, Star Alliance member Turkish Airlines has a fleet of 564 (passenger and cargo) aircraft flying to 358 worldwide destinations as 305 international and 53 domestics in 133 countries. More information about Turkish Airlines can be found on its official website www.turkishairlines.com or its social media accounts on Facebook, X, YouTube, LinkedIn and Instagram.
* In the second quarter of 2026, Total Revenues increased by 20.5% year-on-year to USD 7.2 billion. During the same period, cargo revenues increased by 58% compared to 2025, reaching nearly USD 1.3 billion.
* In the second quarter of 2026, EBITDAR (Earnings Before Interest, Taxes, Depreciation, Amortization and Rent) margin exceeded the Company’s guidance of 8%, reaching 12.6%.
* Supported by favorable demand from Asia, as well as Europe and Africa, passenger load factor increased by 1.8 percentage points to 84.0%, marking the highest second-quarter load factor in Turkish Airlines’ history.
* Through selective investment decisions in line with its strategic priorities, Turkish Airlines invested a total of USD 3.1 billion in the first six months of the year.
* Consolidated Total Assets amounted to USD 51 billion and total employment including all subsidiaries exceeded 101 thousand.
* Third-quarter EBITDAR margin is expected to be in the range of 20–25% as robust passenger and cargo demand is expected to limit the adverse impact of higher jet fuel prices resulting from renewed geopolitical tensions.
As Europe’s leading network carrier by number of flights, Turkish Airlines continued to expand its fleet in line with its sustainable growth targets despite uncertainties resulting from the war in the Middle East and bottlenecks in aircraft production. Expanding its fleet by 14% year-on-year to 552 aircraft as of the end of June 2026, Turkish Airlines increased its Total Revenues by 20.5% year-on-year to USD 7.2 billion in the second quarter of 2026, supported by capacity planning adapted to rapidly changing operating environment. Although geopolitical developments in the Middle East placed significant pressure on global air cargo capacity during the second quarter of 2026, Turkish Cargo responded effectively to demand through its strong infrastructure and strategic geographical position. As a result, cargo volume increased by 11.3%, while cargo revenues rose by 58% to nearly USD 1.3 billion.
The impact of the war in the Middle East was reflected noticeably in the second-quarter financial results due to the delayed effect of the sharp increase in jet fuel prices on costs. Nevertheless, higher passenger and cargo unit revenues served as an important balancing factor, driven by the Company’s selective growth strategy with a continued focus on profitability. Reflecting this performance, EBITDAR exceeded the Company’s publicly announced guidance, surpassing USD 900 million, while EBITDAR margin was recorded at 12.6%. During the same period, a Net Profit of USD 197 million was recorded with the positive contribution of the investment portfolio.
Commenting on the second quarter 2026 results, Turkish Airlines Chairman of the Board and the Executive Committee, Prof. Murat Şeker, stated: “Despite the uncertainty caused by geopolitical developments in the Middle East and the sharp increase in fuel prices, we have successfully managed this challenging period, as we have in previous crises. This was made possible by our extensive flight network, diversified business model and agile operational capabilities. At the same time, we continued to implement end-to-end efficiency initiatives across all units of our Company while maintaining our disciplined cost management approach. As Turkish Airlines, we will continue to bring continents, cultures and people together through our products and services while keeping flight safety and customer satisfaction at the center of our focus. Capitalizing on strength from our operational scale, sound financial structure and highly qualified human capital, we will continue to progress toward our Centennial targets amid challenging operating environment.”
Having successfully completed the second quarter of 2026, Turkish Airlines proudly represents Türkiye’s flag in all corners of the world through its unique flight network, modern fleet and superior service. In the periods ahead, our contribution to the sustainable growth of the aviation sector both in Türkiye and abroad will continue to increase in line with our country’s development objectives and our Centennial Strategy.
About Turkish Airlines:
Established in 1933 with a fleet of five aircraft, Star Alliance member Turkish Airlines has a fleet of 564 (passenger and cargo) aircraft flying to 358 worldwide destinations as 305 international and 53 domestics in 133 countries. More information about Turkish Airlines can be found on its official website www.turkishairlines.com or its social media accounts on Facebook, X, YouTube, LinkedIn and Instagram.
Telangana Cheers Three New Super-Premium Spirits From ABD Maestro
* AODH Irish Whiskey, WOODBURNS Contemporary Indian Whisky and YELLO Designer Whisky hit shelves in Hyderabad~
ABD Maestro Pvt. Ltd., the super-premium and luxury spirits subsidiary of Allied Blenders & Distillers Limited (ABD) has arrived in Telangana with the launch of 3 award-winning whiskies – AODH Irish Whiskey, WOODBURNS Contemporary Rare Indian Whisky and YELLO Designer Whisky. ABD Maestro is co-founded by Bollywood superstar Ranveer Singh.
AODH is a classic Irish whiskey — triple-distilled for that famously smooth, easy-drinking character. WOODBURNS is India's award-winning pride; the first-ever Indian brand to win the Revelation Blended Whisky Award and Grand Gold at the 27th Spirit Selection by Concours Mondial de Bruxelles (2025). YELLO breaks the rules altogether — a bold, design-forward cross-continental blend of Scotch and Indian malts- crafted for the modern Indian.
The launch of the 3 super-premium whiskies marks a significant step in ABD Maestro's journey in the strategic market of Telangana.
Announcing the debut at a launch event in Hyderabad, Bikram Basu, Managing Director, ABD Maestro, said: “Telangana, and Hyderabad in particular, has evolved into a market where super-premium alcohol beverage consumption is driven by consumers looking to drink better. Consumers here understand quality and great craftsmanship, given its own heritage. This is an exciting market for ABD Maestro, as all 3 brands, Aodh Irish Whiskey, Woodburns Contemporary Indian Whisky and Yello Designer Whisky offers very distinct experiences for consumers who are reimagining modern luxury.”
Hyderabad has become one of India's most future forward drinking capitals — a place where a strong pub, bar and restaurant culture, a young cosmopolitan crowd and a taste for global experiences mean new brands are sought. That curiosity extends beyond the capital, with super- premium spirits finding growing audiences in cities like Warangal, Karimnagar, Nizamabad, and other towns.
Where to find them: All 3 whiskies are now available at leading retail outlets in Hyderabad — AODH at Rs. 3,470, WOODBURNS at RS. 2,500 and YELLO at Rs. 2,630 respectively for a 750ml bottle. The brands will also be available at premium bars and restaurants.
About ABD Maestro Private Limited
ABD Maestro Private Limited is a super-premium and luxury spirits company, and a subsidiary of Allied Blenders and Distillers Limited, the largest domestic Spirits company in India, in terms of annual sales volumes. Bollywood superstar Ranveer Singh is a co-founder and creative partner at ABD Maestro.
The ABD Maestro portfolio include The Collective Limited Edition, Arthaus Blended Malt Scotch Whisky, Aodh Irish Whiskey, Woodburns Contemporary Indian Malt Whisky, Yello Designer Whisky, Zoya Special Batch Gin and its flavours, Rangeela Contemporary Indian Vodka, Pumori Small Batch Gin and Pink Gin, Segredo Aldeia Café and White Rums. Through its partnership with Roust Corporation, the company has introduced Russian Standard Vodka to India in three distinct segments: Original, Gold, and Platinum.
ABD Maestro Pvt. Ltd., the super-premium and luxury spirits subsidiary of Allied Blenders & Distillers Limited (ABD) has arrived in Telangana with the launch of 3 award-winning whiskies – AODH Irish Whiskey, WOODBURNS Contemporary Rare Indian Whisky and YELLO Designer Whisky. ABD Maestro is co-founded by Bollywood superstar Ranveer Singh.
AODH is a classic Irish whiskey — triple-distilled for that famously smooth, easy-drinking character. WOODBURNS is India's award-winning pride; the first-ever Indian brand to win the Revelation Blended Whisky Award and Grand Gold at the 27th Spirit Selection by Concours Mondial de Bruxelles (2025). YELLO breaks the rules altogether — a bold, design-forward cross-continental blend of Scotch and Indian malts- crafted for the modern Indian.
The launch of the 3 super-premium whiskies marks a significant step in ABD Maestro's journey in the strategic market of Telangana.
Announcing the debut at a launch event in Hyderabad, Bikram Basu, Managing Director, ABD Maestro, said: “Telangana, and Hyderabad in particular, has evolved into a market where super-premium alcohol beverage consumption is driven by consumers looking to drink better. Consumers here understand quality and great craftsmanship, given its own heritage. This is an exciting market for ABD Maestro, as all 3 brands, Aodh Irish Whiskey, Woodburns Contemporary Indian Whisky and Yello Designer Whisky offers very distinct experiences for consumers who are reimagining modern luxury.”
Hyderabad has become one of India's most future forward drinking capitals — a place where a strong pub, bar and restaurant culture, a young cosmopolitan crowd and a taste for global experiences mean new brands are sought. That curiosity extends beyond the capital, with super- premium spirits finding growing audiences in cities like Warangal, Karimnagar, Nizamabad, and other towns.
Where to find them: All 3 whiskies are now available at leading retail outlets in Hyderabad — AODH at Rs. 3,470, WOODBURNS at RS. 2,500 and YELLO at Rs. 2,630 respectively for a 750ml bottle. The brands will also be available at premium bars and restaurants.
About ABD Maestro Private Limited
ABD Maestro Private Limited is a super-premium and luxury spirits company, and a subsidiary of Allied Blenders and Distillers Limited, the largest domestic Spirits company in India, in terms of annual sales volumes. Bollywood superstar Ranveer Singh is a co-founder and creative partner at ABD Maestro.
The ABD Maestro portfolio include The Collective Limited Edition, Arthaus Blended Malt Scotch Whisky, Aodh Irish Whiskey, Woodburns Contemporary Indian Malt Whisky, Yello Designer Whisky, Zoya Special Batch Gin and its flavours, Rangeela Contemporary Indian Vodka, Pumori Small Batch Gin and Pink Gin, Segredo Aldeia Café and White Rums. Through its partnership with Roust Corporation, the company has introduced Russian Standard Vodka to India in three distinct segments: Original, Gold, and Platinum.
Technology Is Helping ICICI Prudential Life Bring Down Its Savings Cost-To-Premium Ratio
ICICI Prudential Life Insurance’s sustained investment in technology and automation along with other cost optimisation initiatives has played a central role in bringing down its cost-to-premium ratio for the savings line of business to 13.6% in Q1-FY2027. It has reduced by 50 basis point over the previous year, even as the Company continues to scale its business.
Commenting on this, Mr. Ganessan Soundiram, Chief Technology Officer, ICICI Prudential Life Insurance, said, “At ICICI Prudential Life Insurance, our investments in bolstering the Company’s digital infrastructure have not only empowered our customers but also enabled us to deliver an enhanced customer experience across their policy life cycle. We are leveraging AI, analytics and platforms such as ICICI Pru Partner Stack, IPRU Edge, etc. to strengthen customer acquisition, distributor effectiveness, servicing and operational efficiency.
When we built our technology stack, the goal was never automation for its own sake. It was about taking out the friction and the cost that come from manual processes, so that savings get passed on more efficiently and customers get a faster, simpler experience. That same thinking is now helping us to improve operational efficiency.”
Much of this efficiency has come from rethinking how a policy moves from application to issuance. Around 58% of policies issued using digital KYC and close to 54% of savings policies were issued on the same day in Q1-FY2027. The Company enables quick claim assistance through end-to-end digital claim registration, supported by real-time tracking via chatbot Ask Khushmani, WhatsApp, and AI-driven pre-claim assessment and processing.
AI-based models that support underwriting decisions are also used to predict policy persistency and assess claims, contributing to an industry leading claim settlement ratio of 99.3% with an average turnaround of just 1 day for non-investigated individual claims in Q1-FY2027. A large share of day-to-day servicing is handled through Ask Khushmani, the Company's AI-based chatbot, while renewal reminders are increasingly delivered through a multilingual voice assistant capable of reaching up to 50,000 customers an hour, one of the few such deployments in Indian insurance.
On the distribution side, tools such as the IPRU Edge advisor app, used by the Company's advisors, enables them to efficiently grow their business, manage operations, issue policies on the same day and deliver an enhanced customer experience.
As ICICI Prudential Life marks 25 years of serving customers, this technology-led approach remains embedded in the Company’s strategy to grow profitably in the years ahead.
Commenting on this, Mr. Ganessan Soundiram, Chief Technology Officer, ICICI Prudential Life Insurance, said, “At ICICI Prudential Life Insurance, our investments in bolstering the Company’s digital infrastructure have not only empowered our customers but also enabled us to deliver an enhanced customer experience across their policy life cycle. We are leveraging AI, analytics and platforms such as ICICI Pru Partner Stack, IPRU Edge, etc. to strengthen customer acquisition, distributor effectiveness, servicing and operational efficiency.
When we built our technology stack, the goal was never automation for its own sake. It was about taking out the friction and the cost that come from manual processes, so that savings get passed on more efficiently and customers get a faster, simpler experience. That same thinking is now helping us to improve operational efficiency.”
Much of this efficiency has come from rethinking how a policy moves from application to issuance. Around 58% of policies issued using digital KYC and close to 54% of savings policies were issued on the same day in Q1-FY2027. The Company enables quick claim assistance through end-to-end digital claim registration, supported by real-time tracking via chatbot Ask Khushmani, WhatsApp, and AI-driven pre-claim assessment and processing.
AI-based models that support underwriting decisions are also used to predict policy persistency and assess claims, contributing to an industry leading claim settlement ratio of 99.3% with an average turnaround of just 1 day for non-investigated individual claims in Q1-FY2027. A large share of day-to-day servicing is handled through Ask Khushmani, the Company's AI-based chatbot, while renewal reminders are increasingly delivered through a multilingual voice assistant capable of reaching up to 50,000 customers an hour, one of the few such deployments in Indian insurance.
On the distribution side, tools such as the IPRU Edge advisor app, used by the Company's advisors, enables them to efficiently grow their business, manage operations, issue policies on the same day and deliver an enhanced customer experience.
As ICICI Prudential Life marks 25 years of serving customers, this technology-led approach remains embedded in the Company’s strategy to grow profitably in the years ahead.
World Gold Council Launches Swarnim Udaan 2047: Unlocking The Full Potential Of Gold Towards Viksit Bharat 2047
* An ambitious vision for gold’s role in India’s journey towards developed economy by 2047
* A multi-decade vision to elevate gold as a key strategic contributor for Viksit Bharat in 2047
* The ambitions include 10-15% domestic mining, 10-15% domestic gold mobilisation, India becoming the #1 global jewellery exporter, stronger policy and institutional coordination through a proposed National Gold Board and a Gold Innovation Centre to catalyse innovation and technology adoption across the gold value chain.
The World Gold Council today released a landmark vision document for Indian gold industry titled “Swarnim Udaan 2047: Unlocking the Full Potential of Gold Towards Viksit Bharat 2047,”. The report, developed with Monitor Deloitte as knowledge partner, sets out a long-term roadmap to reposition gold as a strategic economic lever for India’s economic growth and global competitiveness. As India advances toward its US$30 trillion economy vision by 2047, the report positions gold as a strategic national asset that can strengthen financial resilience, exports, innovation, responsible domestic value creation and advanced manufacturing. It calls for coordinated policy and institutional action to unlock greater value across the ecosystem.
Speaking on the Swarnim Udaan 2047 report, David Tait, CEO, World Gold Council, said, “India is already central to the global gold ecosystem, and its role is set to become even more significant as global supply chains evolve, financial markets deepen, and strategic technologies advance. Gold’s importance goes well beyond investment and jewellery; it is increasingly critical to industrial innovation, financial resilience and economic security. Swarnim Udaan 2047 sets out a clear pathway for India to modernise and strengthen its gold market
— enhancing resource security, supporting financial deepening, enabling advanced manufacturing, and contributing to long-term, sustainable economic growth.”
Sachin Jain, Regional CEO, India, World Gold Council said, "Gold has always been deeply embedded in India’s cultural and economic fabric. The opportunity now is to unlock its full potential as a strategic national asset aligned with India’s economic priorities. Through coordinated action across mining, recycling, financialisation, jewellery, exports and innovation, gold can become a stronger contributor to India’s Viksit Bharat
Swarnim Udaan represents the ascent of India’s Sone ki Chidiya (“Swarnim Udaan 2047”)- rooted in heritage, powered by innovation and aligned with national ambition India can secure its golden future and build a legacy that endures for generations to come.”
Harsh Kapoor, Partner, Monitor Deloitte, South Asia said, "Swarnim Udaan 2047 presents a bold vision for repositioning gold from a traditional 'store of value' to a strategic national asset for India's future economy. By bringing together policy reform, institutional coordination and innovation, the report outlines how greater value can be unlocked across the entire gold ecosystem while strengthening economic resilience, industrial competitiveness, and long-term value creation. We are proud to have partnered with the World Gold Council in shaping this roadmap towards a Viksit Bharat."
Building on the current size and strengths of India’s gold industry, the report outlines five interconnected pillars to unlock the economic potential of India’s gold ecosystem to transform into a more formal, resilient and globally competitive gold economy:
1. Promoting "Mine in India": The roadmap proposes meeting 10-15% of India's annual gold demand through domestic mining by 2047 for self-reliance supported by designation of Gold as a “Strategic Mineral” under MMDR Act, stronger exploration incentives for early-stage mining, streamlined clearances, updated and investor-ready geological data repositories, advanced exploration technologies and workforce development.
2. Making India "Jeweller to the World": Moving India to the position of the world’s #1 gold jewellery exporter by 2047 demands target-market diversification beyond the traditional diaspora, design localization, “Made in India” branding proposition, modernised clusters, artisan upskilling and targeted export support programmes. Key proposals include the "Karigar Connect" initiative to modernize artisan clusters, the Gold Jewellery Technology Upgradation Fund, and global showcase platforms like India Gold Fashion Week.
3. Enabling greater financialisation of Gold: To mobilise 10-15% of the country's household gold into the formal financial ecosystem supported by active participation of banks and bullion banking reforms. Households currently hold an estimated 31,000 tonnes of gold, valued at approximately ₹314.9 lakh crore (US$3.4 trillion). Monetising even 1% of this idle stock annually could substitute gold imports worth around ₹3.1 lakh crore (US$34 billion), reduce import dependence while unlock significant domestic economic value.
4. Reimagining gold jewellery for the modern consumer: Adapting the industry to India's 380 million-plus and growing Gen Z cohort through phygital retail experiences, modern designs, stronger hallmarking and traceability, and everyday lifestyle positioning.
5. Unlocking gold’s potential as a strategic national asset and mineral: The report envisions a broader role for gold as a strategic national asset, supporting India’s ambitions for advance manufacturing, economic resilience, industrial competitiveness and sustainable long-term development. With electronics accounting for 80% of global industrial gold demand and India's semiconductor market projected to reach US$750 billion by 2047, gold can support high-tech sectors such as electronics, semiconductors, biotechnology, diagnostics, aerospace, AI and quantum technologies.
To support execution, the report proposes -
· a National Gold Board, in line with NITI Aayog-Watal Committee recommendations (2018). As an apex platform, the Board would coordinate stakeholders, align policy, rationalise regulation, strengthen market infrastructure and monitor implementation.
· a Gold Innovation Centre to catalyse research, capability building, technology adoption, digitalisation, sustainability and market development across the gold value chain.
· a multi-stake holders task force to drive implementation roadmap.
About World Gold Council
We are a membership organisation that champions the role gold plays as a strategic asset, shaping the future of a responsible and accessible gold supply chain. Our team of experts builds understanding of the use case and possibilities of gold through trusted research, analysis, commentary, and insights. We drive industry progress, shaping policy and setting the standards for a perpetual and sustainable gold market.
You can follow the World Gold Council on X (Twitter) at @goldcouncil and LinkedIn.
* A multi-decade vision to elevate gold as a key strategic contributor for Viksit Bharat in 2047
* The ambitions include 10-15% domestic mining, 10-15% domestic gold mobilisation, India becoming the #1 global jewellery exporter, stronger policy and institutional coordination through a proposed National Gold Board and a Gold Innovation Centre to catalyse innovation and technology adoption across the gold value chain.
The World Gold Council today released a landmark vision document for Indian gold industry titled “Swarnim Udaan 2047: Unlocking the Full Potential of Gold Towards Viksit Bharat 2047,”. The report, developed with Monitor Deloitte as knowledge partner, sets out a long-term roadmap to reposition gold as a strategic economic lever for India’s economic growth and global competitiveness. As India advances toward its US$30 trillion economy vision by 2047, the report positions gold as a strategic national asset that can strengthen financial resilience, exports, innovation, responsible domestic value creation and advanced manufacturing. It calls for coordinated policy and institutional action to unlock greater value across the ecosystem.
Speaking on the Swarnim Udaan 2047 report, David Tait, CEO, World Gold Council, said, “India is already central to the global gold ecosystem, and its role is set to become even more significant as global supply chains evolve, financial markets deepen, and strategic technologies advance. Gold’s importance goes well beyond investment and jewellery; it is increasingly critical to industrial innovation, financial resilience and economic security. Swarnim Udaan 2047 sets out a clear pathway for India to modernise and strengthen its gold market
— enhancing resource security, supporting financial deepening, enabling advanced manufacturing, and contributing to long-term, sustainable economic growth.”
Sachin Jain, Regional CEO, India, World Gold Council said, "Gold has always been deeply embedded in India’s cultural and economic fabric. The opportunity now is to unlock its full potential as a strategic national asset aligned with India’s economic priorities. Through coordinated action across mining, recycling, financialisation, jewellery, exports and innovation, gold can become a stronger contributor to India’s Viksit Bharat
Swarnim Udaan represents the ascent of India’s Sone ki Chidiya (“Swarnim Udaan 2047”)- rooted in heritage, powered by innovation and aligned with national ambition India can secure its golden future and build a legacy that endures for generations to come.”
Harsh Kapoor, Partner, Monitor Deloitte, South Asia said, "Swarnim Udaan 2047 presents a bold vision for repositioning gold from a traditional 'store of value' to a strategic national asset for India's future economy. By bringing together policy reform, institutional coordination and innovation, the report outlines how greater value can be unlocked across the entire gold ecosystem while strengthening economic resilience, industrial competitiveness, and long-term value creation. We are proud to have partnered with the World Gold Council in shaping this roadmap towards a Viksit Bharat."
Building on the current size and strengths of India’s gold industry, the report outlines five interconnected pillars to unlock the economic potential of India’s gold ecosystem to transform into a more formal, resilient and globally competitive gold economy:
1. Promoting "Mine in India": The roadmap proposes meeting 10-15% of India's annual gold demand through domestic mining by 2047 for self-reliance supported by designation of Gold as a “Strategic Mineral” under MMDR Act, stronger exploration incentives for early-stage mining, streamlined clearances, updated and investor-ready geological data repositories, advanced exploration technologies and workforce development.
2. Making India "Jeweller to the World": Moving India to the position of the world’s #1 gold jewellery exporter by 2047 demands target-market diversification beyond the traditional diaspora, design localization, “Made in India” branding proposition, modernised clusters, artisan upskilling and targeted export support programmes. Key proposals include the "Karigar Connect" initiative to modernize artisan clusters, the Gold Jewellery Technology Upgradation Fund, and global showcase platforms like India Gold Fashion Week.
3. Enabling greater financialisation of Gold: To mobilise 10-15% of the country's household gold into the formal financial ecosystem supported by active participation of banks and bullion banking reforms. Households currently hold an estimated 31,000 tonnes of gold, valued at approximately ₹314.9 lakh crore (US$3.4 trillion). Monetising even 1% of this idle stock annually could substitute gold imports worth around ₹3.1 lakh crore (US$34 billion), reduce import dependence while unlock significant domestic economic value.
4. Reimagining gold jewellery for the modern consumer: Adapting the industry to India's 380 million-plus and growing Gen Z cohort through phygital retail experiences, modern designs, stronger hallmarking and traceability, and everyday lifestyle positioning.
5. Unlocking gold’s potential as a strategic national asset and mineral: The report envisions a broader role for gold as a strategic national asset, supporting India’s ambitions for advance manufacturing, economic resilience, industrial competitiveness and sustainable long-term development. With electronics accounting for 80% of global industrial gold demand and India's semiconductor market projected to reach US$750 billion by 2047, gold can support high-tech sectors such as electronics, semiconductors, biotechnology, diagnostics, aerospace, AI and quantum technologies.
To support execution, the report proposes -
· a National Gold Board, in line with NITI Aayog-Watal Committee recommendations (2018). As an apex platform, the Board would coordinate stakeholders, align policy, rationalise regulation, strengthen market infrastructure and monitor implementation.
· a Gold Innovation Centre to catalyse research, capability building, technology adoption, digitalisation, sustainability and market development across the gold value chain.
· a multi-stake holders task force to drive implementation roadmap.
About World Gold Council
We are a membership organisation that champions the role gold plays as a strategic asset, shaping the future of a responsible and accessible gold supply chain. Our team of experts builds understanding of the use case and possibilities of gold through trusted research, analysis, commentary, and insights. We drive industry progress, shaping policy and setting the standards for a perpetual and sustainable gold market.
You can follow the World Gold Council on X (Twitter) at @goldcouncil and LinkedIn.
Thursday, August 6, 2026
Berger Paints Financial Results For The Quarter Ended 30th June, 2026
* Double digit growth both in revenue and operating profit despite the West Asia conflict
* Robust PAT growth at 25%+ on Standalone basis and 29%+ on Consolidated basis
* Decorative and Automotive segments led the growth for the quarter
Highlights of the Consolidated Results:
a. Revenue from Operations for the quarter ended 30th June, 2026 was Rs. 3,583.8 crores as against Rs. 3,200.8 crores in the corresponding quarter of the last year, representing an increase of 12.0% over the corresponding quarter of last year.
b. EBITDA (excluding other income) for the quarter ended 30th June, 2026 was Rs. 607.4 crores as against Rs. 528.4 crores in the corresponding quarter of the last year, representing an increase of 15.0% over the corresponding quarter of last year.
c. Net profit for the quarter ended 30th June, 2026 was Rs. 405.0 crores as against Rs. 315.0 crores in the corresponding quarter of the last year, representing an increase of 28.6% over the corresponding quarter of last year.
Highlights of the Standalone Results:
a. Revenue from Operations for the quarter ended 30th June, 2026 was Rs. 3,226.7 crores as against Rs. 2,862.6 crores in the corresponding quarter of the last year, representing an increase of 12.7% over the corresponding quarter of last year.
b. EBITDA (excluding other income) for the quarter ended 30th June, 2026 was Rs. 562.2 crores as against Rs. 499.5 crores in the corresponding quarter of the last year, representing an increase of 12.6% over the corresponding quarter of last year.
c. Net profit for the quarter ended 30th June, 2026 was Rs. 368.7 crores as against Rs. 293.8 crores in the corresponding quarter of last year, representing an increase of 25.5% over the corresponding quarter of last year.
“The progressive demand improvement seen in the previous quarter continued into the 1st quarter of the year which enabled the achievement of a Standalone value growth of 12.7% for the quarter. The value growth outpaced volume growth on the back of the price increases with the full benefit to accrue going forward. Our performance this quarter was driven by strong growths both in Automotive and Decorative segments.
It was a positive start to the new year in spite of the unsettled environment resulting from the conflict in West Asia which led to disruptions in the availability and prices of crude and impacted crude based raw materials. This inflation in crude based materials led to some moderation in our Gross Margins. However, prudent financial control and improved efficiencies led to an Operating Profit margin slightly ahead of the guidance range and a strong PAT growth in excess of 25% on a Standalone basis and 29% on consolidated basis.
Our key focus segments of waterproofing, construction chemicals and wood coatings continued to register healthy growths supported by the new launches of “Kolor Plus” and the Metallics range in the premium segment. Network expansion and growth in low market share Urban markets continued to improve generating consistent value on these investments.
The strong automotive segment performance following the GST cuts and lower financing costs continued into this quarter also driving this sector forward. The remaining industrial segments only realized partial gains from their price increases which were implemented towards the end of the quarter and this led to lowered growth rates. However these gains will register fully in the second quarter which will likely bump up profitability and revenue growths for the company.
Our JV’s Berger Becker and Berger Nippon delivered strong growth this quarter. Subsidiary companies performed as per expectations.
The gradual improvement in domestic demand indicators across segments, markets and the monsoon progressing better than initially anticipated are positive indicators for the months ahead.
Forex volatility, geopolitical uncertainty continue to pose near-term margin risks on both supply disruptions and raw material inflation.
At Berger Paints our efforts will remain focused on network expansion, product & service innovation and brand building aimed at improving value for our investors and stakeholders. A new corporate advertisement reflecting the resilience of our products and colors with the tag line “Jaise Bhi Ho Din, Rang Bana Rahe” reflecting functional durability and resilience of our products on every wall & the resilience of the human spirit to face adversity and come out a winner has been released.” said Abhijit Roy, Managing Director & CEO of Berger Paints India Limited.
About Berger Paints India Limited
Berger Paints is among India’s leading paint, coatings and waterproofing companies and ranked among the top 15 coating companies globally and operates across India, Nepal & Europe either directly or through its subsidiary companies.
Berger Paints is well recognized in India for its innovations in products and services which has helped reshape the industry over the course of the past few decades. These include the popularization of the tinting systems which redefined the Indian Paint market, launch of products like Easy Clean and WeatherCoat Anti-Dust, the introduction of the iTrain centres for training on paints, coatings, waterproofing and associated processes.
Berger’s innovations extends to being the first to introduce the concept of automated painting tools under “Express Painting” services as an enhanced customer painting service in India and we continue to lead the way in this segment in India.
Berger Paints also continues to maintain a leadership position in India in the protective coatings & general industries coatings segment. This is an area of sustained leadership over the past few decades. Bolix, our subsidiary in Poland & step down subsidiary in the UK is a leading player in the ETICS segment which contributes significantly to the energy savings initiatives in the EU.
* Robust PAT growth at 25%+ on Standalone basis and 29%+ on Consolidated basis
* Decorative and Automotive segments led the growth for the quarter
Highlights of the Consolidated Results:
a. Revenue from Operations for the quarter ended 30th June, 2026 was Rs. 3,583.8 crores as against Rs. 3,200.8 crores in the corresponding quarter of the last year, representing an increase of 12.0% over the corresponding quarter of last year.
b. EBITDA (excluding other income) for the quarter ended 30th June, 2026 was Rs. 607.4 crores as against Rs. 528.4 crores in the corresponding quarter of the last year, representing an increase of 15.0% over the corresponding quarter of last year.
c. Net profit for the quarter ended 30th June, 2026 was Rs. 405.0 crores as against Rs. 315.0 crores in the corresponding quarter of the last year, representing an increase of 28.6% over the corresponding quarter of last year.
Highlights of the Standalone Results:
a. Revenue from Operations for the quarter ended 30th June, 2026 was Rs. 3,226.7 crores as against Rs. 2,862.6 crores in the corresponding quarter of the last year, representing an increase of 12.7% over the corresponding quarter of last year.
b. EBITDA (excluding other income) for the quarter ended 30th June, 2026 was Rs. 562.2 crores as against Rs. 499.5 crores in the corresponding quarter of the last year, representing an increase of 12.6% over the corresponding quarter of last year.
c. Net profit for the quarter ended 30th June, 2026 was Rs. 368.7 crores as against Rs. 293.8 crores in the corresponding quarter of last year, representing an increase of 25.5% over the corresponding quarter of last year.
“The progressive demand improvement seen in the previous quarter continued into the 1st quarter of the year which enabled the achievement of a Standalone value growth of 12.7% for the quarter. The value growth outpaced volume growth on the back of the price increases with the full benefit to accrue going forward. Our performance this quarter was driven by strong growths both in Automotive and Decorative segments.
It was a positive start to the new year in spite of the unsettled environment resulting from the conflict in West Asia which led to disruptions in the availability and prices of crude and impacted crude based raw materials. This inflation in crude based materials led to some moderation in our Gross Margins. However, prudent financial control and improved efficiencies led to an Operating Profit margin slightly ahead of the guidance range and a strong PAT growth in excess of 25% on a Standalone basis and 29% on consolidated basis.
Our key focus segments of waterproofing, construction chemicals and wood coatings continued to register healthy growths supported by the new launches of “Kolor Plus” and the Metallics range in the premium segment. Network expansion and growth in low market share Urban markets continued to improve generating consistent value on these investments.
The strong automotive segment performance following the GST cuts and lower financing costs continued into this quarter also driving this sector forward. The remaining industrial segments only realized partial gains from their price increases which were implemented towards the end of the quarter and this led to lowered growth rates. However these gains will register fully in the second quarter which will likely bump up profitability and revenue growths for the company.
Our JV’s Berger Becker and Berger Nippon delivered strong growth this quarter. Subsidiary companies performed as per expectations.
The gradual improvement in domestic demand indicators across segments, markets and the monsoon progressing better than initially anticipated are positive indicators for the months ahead.
Forex volatility, geopolitical uncertainty continue to pose near-term margin risks on both supply disruptions and raw material inflation.
At Berger Paints our efforts will remain focused on network expansion, product & service innovation and brand building aimed at improving value for our investors and stakeholders. A new corporate advertisement reflecting the resilience of our products and colors with the tag line “Jaise Bhi Ho Din, Rang Bana Rahe” reflecting functional durability and resilience of our products on every wall & the resilience of the human spirit to face adversity and come out a winner has been released.” said Abhijit Roy, Managing Director & CEO of Berger Paints India Limited.
About Berger Paints India Limited
Berger Paints is among India’s leading paint, coatings and waterproofing companies and ranked among the top 15 coating companies globally and operates across India, Nepal & Europe either directly or through its subsidiary companies.
Berger Paints is well recognized in India for its innovations in products and services which has helped reshape the industry over the course of the past few decades. These include the popularization of the tinting systems which redefined the Indian Paint market, launch of products like Easy Clean and WeatherCoat Anti-Dust, the introduction of the iTrain centres for training on paints, coatings, waterproofing and associated processes.
Berger’s innovations extends to being the first to introduce the concept of automated painting tools under “Express Painting” services as an enhanced customer painting service in India and we continue to lead the way in this segment in India.
Berger Paints also continues to maintain a leadership position in India in the protective coatings & general industries coatings segment. This is an area of sustained leadership over the past few decades. Bolix, our subsidiary in Poland & step down subsidiary in the UK is a leading player in the ETICS segment which contributes significantly to the energy savings initiatives in the EU.
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