Friday, January 21, 2022

Pre Budget Expectation Quotes From Indian 'C' Level Officers Ahead Of The Union Budget 2022

Mr. Sushanth Pai, Chief Financial Officer, stated that, “Some sectors such as travel and hospitality have been heavily impacted due to the current situation. The budget should focus on support to revive such sectors. A study of all the policy reforms needs to undertaken with greater intensity to see how they can be implemented effectively and with speed, so that the basic ecosystem of well-being can be boosted.”

Pre budget expectation quote from TenderCuts ahead of the Union Budget 2022

Nishanth Chandran, Founder & CEO, TenderCuts stated that, “The $ 40 billion meat industry is growing at a rapid pace with the introduction of several schemes by the Central government aiding the livestock sector in 2021. The Government assistance in providing cold storage facilities through credit linked back-ended subsidies available at the rate of 35% of the project cost in general areas and 50% in hilly and scheduled areas has paved way for entrepreneurship. To continue with the momentum, the government should also work towards attracting investments offering more subsidies on electricity tariffs to develop perishable logistics infrastructure, which is another route that can be explored.”

pre-budget Quote for 2022 from Mr. Rakesh Jain, CEO, Reliance General Insurance Co. Ltd. 

“For the Union Budget 2022, the Government should consider bringing healthcare facilities, such as diagnostic centers, specialty hospitals, wellness facilities, under the “Infrastructure” category. This will bring in funding from large institutions, including insurance companies that seek and have regulatory obligation of investments in “Infrastructure assets”. The insurance and healthcare sector need to evolve together to boost access to quality and affordable healthcare to the masses.”

Attributed to Dr. Alok Khullar, CEO, Gleneagles Global Health City  

“The outbreak of Covid-19 has taught the healthcare sector some important lessons. The healthcare sector has and will continue to play a crucial role in saving lives, treating other ailments while tackling the pandemic. With the disruption caused to the healthcare sector during this period, we urge the government to give adequate importance to the healthcare sector in the upcoming Union Budget 2022 by considering –  

Special schemes that should be provided for formal training of doctors and nurses to enhance skills and bandwidth to offer care to a larger population which will help strengthen the quality of healthcare resources in the longer run 

Building capacity for Intensive Care by enhancing skills of nurses and by providing better equipment and infrastructure 

Significance to be given to Appropriate Screening for Non-Communicable Diseases to ensure timely diagnosis and treatment which will help in reduction of hospitalisation in the last minute 

Upgrading infrastructure at Primary Health Care level for early Outpatient treatment thus reducing Hospitalization time and cost 

Benefits to be given to manufacturers of Healthcare equipment & consumables under the ‘Make in India’ campaign for high quality products and healthcare equipment to be manufactured at reasonable costs 

Healthcare organisations must be given access to working capital and preferential funding to ensure that the overall cost of operations is reduced 

Healthcare sector needs to be considered as a priority and an essential service. Various subsidies and benefits should be given on land rates and other necessities such as electricity, as it will pave for accessible and affordable healthcare with better infrastructure and high quality treatment improving access to care and better patient outcomes.” 

An Opportunity For Decisive Transformation And Win Back India’s Farmer

* Budget expectations from Mr. Randhir Chauhan – Managing Director, Netafim India and SVP, Netafim Ltd  

Agriculture continues to be a dominating employment generating sector and contributes a significant proportion to the country’s GDP. Even in the unfortunate pandemic, the sector climbed new heights with record production of various food grains, exhibiting resilience and ensuring food security. Despite the success in terms of production that has ensured food security in the country, food inflation and volatility in prices continue to remain high causing inconvenience to consumers and uneven income for farmers. Besides pandemic wrecking substantial physical, social, economic and emotional havoc on all the stakeholders of the Indian agricultural system, locust infestation from East Africa to India, Natural calamities, and depleting natural resources only added to the sector’s woes. Even though the policymakers accelerated a raft of measures and announced reforms to give thrust to the sector, it has reached an inflection point that needs immediate attention. Thus, the forthcoming budget offers an opportunity to fix an array of ancillary problems and fast run the wheels of reforms to accelerate the growth engine of the Indian agriculture sector. 

Alignment of Micro-irrigation coverage with ambitious Vision India@2047 

While the Government is working on the blueprint for India@2047 to be ‘future ready’, it is important to accelerate India’s growth and adoption towards new-age agriculture practices with optimum utilization of resources. The average penetration of micro-irrigation in the irrigated area (drip & sprinkler) is estimated at 17% which is much lesser compared to countries like Israel (90%), Russia (78%), Spain (75%), the USA (55%) and Brazil (52%). We need to have an ambitious target and align the execution process to take micro-irrigation coverage to 60-70% in the next 25 years.  

Identifying areas and crops to integrate the benefit of micro-irrigation with structured governance and execution strategy will help the country climb a newer height of fiscal growth. To do so, the government may create 5 years bucket of appropriate execution and monitoring roadmap for the next 25 years backed by adequate budgetary support consistently. 

Process streamlining measures in irrigation subsidy  

While the micro-irrigation coverage has benefitted millions of farmers, the scheme implementation leaves a lot to desire at the execution level. The delays in the disbursal of micro-irrigation subsidies under the PMKSY program are hampering its progress. Online portal for an end-to-end process execution and visibility, transparency in the process for fund disbursement, ensuring checkpoints at various stages and adherence to timelines would bring the efficiency in subsidy disbursal and support farmers to be debt-free much conveniently. 

Providing infrastructure status to the Micro-irrigation industry 

Infrastructure status would help the micro-irrigation manufacturer (95% of which comes under MSME) in reduced operating costs, thereby accelerating the industry growth as well as bring the equipment cost down for the farmer community. 

Aligning different schemes together for exponential benefit – Solar and Micro-irrigation, Agriculture alongside Solar installations, and others 

Focus on renewable energy like solar would ensure energy security in the agriculture sector as well as in the rural landscape and address environmental concerns. Making farmers energy-sufficient would also reduce the burden on government energy subsidy bills. Solar installation-friendly agriculture would help farmers with reduced operational costs, boost land utilization and improve overall income. 

Diversification programs to increase crop productivity  

12 percent of the cropped area under Fruits & Vegetables (F&V) leads to 24 percent in value terms, in contrast to 13 percent area under oilseeds which gives only 6 percent in value terms because of lack of scalability. Policymakers may consider promoting domestic oilseeds and oil palm cultivation with higher productivity measures to address the demand cycle. Similarly, disrupting rice cultivation that covers more area and water utilization through drip technology would improve yield, save water and reduce carbon emissions. Drip irrigation adoption also have the potential to facilitates crop diversification thus, making a direct impact on farmer incomes. 

Policy & Budget outlay for Integrated Climate Smart Agriculture practices 

Climate change has led to reduced crop yields and farm productivity. Besides, the increased occurrence of invasive pests, weather variability, poor agriculture practices has also added to the deteriorating situation of climate change. The agriculture sector is one of the main contributors to the climate problem. It currently generates 19–29% of total greenhouse gas (GHG) emissions. A shift towards Climate-Smart agriculture practices through proper policy and financial outlay can go a long way in achieving sustainable growth. 

Focus on creating infrastructures to support innovation and digitalization in Agriculture 

Special focus and fund allocation in the upcoming budget for infrastructure in rural areas would support the digitalization of agriculture and put the sector on the fast track. Currently, India is spending less than 1% of Agri GDP in R&D. An Agri innovation fund, which supports ag-tech solutions, start-ups, and digitalization at different levels of the Agri value chain can transform the agriculture economy in the future. 

Interest subsidy on agriculture for long term loans 

Access to credit remains one of the critical elements in a sustainable and more importantly a growing ecosystem. Interest subsidy on agriculture for long-term loans to help farmers with continual investment in farm mechanization and building state-of-the-art infrastructure would go a long way to develop a sustainable model in agriculture. Credit Guarantee Fund Scheme for adopting micro-irrigation similar to CGTMSE for MSMEs will be helpful where initial support can be provided by the government. 

Special budgetary assistance for Micro Irrigation to State Government to overcome COVID impact 

The financial strain caused by the COVID-19 pandemic has left many states across the country to slash the budget for micro-irrigation. The policymakers should consider supporting the states through an additional corpus of funds either by direct special assistance program or increasing the existing Micro Irrigation Fund (MIF) set up under NABARD to facilitate the states in mobilizing resources for expanding coverage of micro-irrigation. 

FedEx Express Tests Electric Vehicles In Indian Markets

FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today announced the start of electric vehicle (EV) trials in India as part of its global goal to achieve carbon neutral operations by 2040.

The trial of the electric vehicle, which is expected to conclude in a month in Bangalore, will test the vehicle technology within FedEx Express operations, assessing the vehicles’ operational effectiveness on a standard route fully loaded with packages. Following positive trial results, FedEx Express will extend the trial to Delhi.

With last-mile delivery burgeoning thanks to rapid e-commerce growth, each new electric vehicle added to the FedEx delivery fleet in India can reduce fuel consumption and emissions equivalent to five passenger cars.       

Mohamad Sayegh, Vice President, India Operations for FedEx Express said, “FedEx has a mission to connect the world responsibly and resourcefully, and I’m incredibly pleased to announce the launch of our electric vehicle trial in India, which is in line with our global goal to achieve carbon neutral operations by 2040.”

“With the growth of e-commerce in India, we’re constantly looking for ways to support this momentum while reducing environmental impact. The commencement of EV trials brings us one step closer to this vision,” he added.

Vehicle electrification is one of the key areas in FedEx’s journey toward reaching its carbon neutral operations goal. By 2040, it is intended that the entire FedEx global parcel pickup and delivery (PUD) fleet will be zero-emission electric vehicles. This vehicle electrification goal is being approached through phased programs to replace existing vehicles. The aim is for 50% of FedEx Express global PUD vehicle purchases to be electric vehicles by 2025, rising to 100% by 2030.

“The trial is a critical part of the integration of electric vehicle technology across our operations. Finding the right technology to serve our business, our customers, and our team members will play a key role in the successful integration of electric vehicles into the FedEx Express fleet,” Sayegh said.

The shift to electric vehicles also aligns with the FedEx commitment to enhance its services and solutions in India, offering customers connectivity and access to global markets, while helping safeguard the health of our planet.

About FedEx Express

FedEx Express is the world's largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date.

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $90 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its 600,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more,  visit

TVS Credit And IIM Trichy Sign A MoU To Boost Innovation And Create Solutions For Financial Inclusion

India's leading financial services provider TVS Credit Services Limited and the Indian Institute of Management Trichy (IIMT) signed a Memorandum of Understanding (MoU) to boost innovation, R&D, and collaboration for designing new solutions for promoting financial inclusion in the country. Being one of the fast-growing NBFCs in the country, TVS Credit's partnership with the leading B-school, IIMT, will create an avenue to leverage the collective talent and expertise from both institutions for product development, knowledge creation and research in the areas of management and public policy.

Speaking on the collaboration, Venkatraman G, Chief Executive Officer, TVS Credit, said, "The signing of the MoU with IIM Trichy will create the foundation for future collaboration between the two institutions. TVS Credit has been successfully empowering people across sectors and helping them fulfil their aspirations. It has been a constant endeavour of TVS Credit to steer industry growth and national development by encouraging product innovation and nurturing young talent. The outcomes from such initiatives will help us drive organisational growth and serve our customers and the nation better for years to come. The collaboration will help boost innovation, R&D, and help in designing new solutions to promote financial inclusion in the country."

The partnership would bring together academic and industry stalwarts and professionals who would jointly design, develop and deliver cutting-edge technological solutions in areas of management and financial inclusion. The strategic collaboration will also be a platform to train and mentor young professionals.  Speaking on the collaboration, Dr. Pawan Kumar Singh, Director, IIM Trichy, said, "We welcome this significant initiative that formalises and strengthens our relationship with the leading market player, TVS Credit, a company which is well-known for its services and values. We look forward to make the collaboration fruitful on multiple platforms and focus on mutual knowledge exchange initiatives. Such partnerships will help construct concrete and innovative solutions, thereby creating a long-lasting impact."

Additionally, Dr. Prashant Gupta, Chairperson of Executive Education and Consulting, IIM Trichy, said, "We are pleased to be associated with TVS Credit. This partnership could lead to a mutually benefitting journey in the coming time with a special focus on programmes such as Management Development Programme (MDP) and  Leadership Development Program (LDP).Furthermore, it will mentor the students at IIM Trichy and offer them immense industry exposure."

Under this collaboration, both organisations are creating a seamless ecosystem between industries, academia and government agencies by leveraging analytics and technology. It aims to provide these solutions in consulting, research projects, placements, management development programmes, and case studies.The first beneficiaries of this initiative will be the TVS Credit employees and the students of IIMT. The pact holds a strong potential to revolutionise the industry at large. In addition, it is expected to help the NBFC sector improve resource efficiency and productivity. 

About TVS Credit Services Ltd

TVS Credit Services Limited is a leading Non-Banking Financial Company with over 32,000 points of presence across India. Being the number one financier for TVS Motor Limited and one of the leading tractor financiers, TVS Credit has a fast-growing footprint in used cars, consumer durable, used commercial vehicle and business loans segment. Over 6.5 million happy customers have been served with the help of 19,000+ motivated employees and robust tech and analytics powered processes. TVS Credit is driven by a mission to empower Indians to dream bigger, secure in the knowledge in the fulfilment of their aspirations. With new products on the anvil and an unwavering commitment to customer service and constant improvement, TVS Credit creates value for the customers, employees and partners.

Know more about TVS Credit at

ABB India Turns Its Nelamangala Campus Water Positive Certification From TERI


•      Total annual rainwater harvesting potential of more than 200 million liters

•      The campus has achieved close to 85% water recyclability

•      Water positivity index is 1.24

ABB India today announced that its Nelamangala unit has received a ‘Water Positive’ certification from The Energy and Resources Institute (TERI). In place of simply replacing the amount of water taken from the environment, the unit implemented an Innovative 6R approach towards ‘Water Positivity’ to replenish more water than it consumes at the location.

The unique 6R approach includes initiatives such as rainwater use and recharge, reduction in the use of freshwater, water recycling, and real-time monitoring of water consumption, recharge, and saving. The Nelamangala unit currently has 17 rainwater recharge wells, 2 recharge ponds along with 5 cross wave technology-based recharge tanks. ABB products such as water flow meters were installed in the rainwater recharge system to capture real-time data.

To reduce consumption of water, ABB India installed water-efficient fixtures, restricted the use of turf in the landscape area, and planted drought-tolerant plants in 81 percent of the landscape area. The unit has provisions of rainwater tanks for rooftop runoff along with TERI-approved filtration to get suitable water for a variety of end-uses. The campus has achieved close to 85 percent of water recyclability with the help of efficient Sewage Treatment Plant (STP) and recycling the treated wastewater for use in gardening and washrooms.

The water positivity index for Nelamangala plant is 1.24, which demonstrates our contribution towards replenishing much greater quantity of water for the environment than withdrawals for our operation. The index also shows our enhanced dependency on secondary water sources such as treated wastewater, rainwater, etc. and lesser dependency on groundwater sources for our operation.

“At ABB, ‘sustainability in practice’ is at the core of everything we do. It is a key part of our company’s purpose and of the value that we create for our customers, employees, and all our stakeholders. Our Nelamangala unit turning ‘Water Positive’ is a step towards continued resource conservation, in line with our 2030 global sustainability commitments.  We are committed to implementing various other similar environment-friendly measures across our ABB India locations to bring about a sustainable change,” said Sanjeev Sharma, Country Head and Managing Director, ABB India.

“In times of a severe water crisis in India, I am pleased to acknowledge that TERI has awarded India’s first water positivity certificate to ABB India, for one of their six factories in the country. I look forward to witnessing more partnerships in the sector and development of innovative solutions to manage and monitor natural resources on Earth,” added Sanjay Seth, Senior Director - Sustainable Habitat Programme, TERI, & CEO, GRIHA Council.

ABB’s Nelamangala unit, comprising of nearly 1500 employees, houses a state-of-the-art robotics facility spread over 3600 sq mt that delivers robotic applications and digital solutions for a variety of Indian industries. The Nelamangala unit also houses one of the first smart factories in Bangalore to produce ABB’s entire range of smart power products. 

ABB India’s water management initiatives at the unit were vetted by renowned external organizations such as GRIHA (Green Rating for Integrated Habitat Assessment) Council, Indian Green Building Council (IGBC) along with The Energy and Resources Institute (TERI). Assessment parameters included water monitoring system & KPI management, rainwater recharge and usage, water reduction initiatives, wastewater treatment and recycling system, and impact on the community.

ABB India currently recycles almost 95 percent of the waste generated across all their facilities within their premises to achieve long-term sustainability goals of zero waste to landfill. They have also enhanced the water recyclability by 4 percent in 2021 as compared to the year 2020 which resulted in reduction of freshwater withdrawal and overall water footprint of the company.

ABB (ABBN: SIX Swiss Ex) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB’s success is driven by about 105,000 talented employees in over 100 countries.

NeoGrowth Strengthens Board; Appoints CEO Arun Nayyar As A Whole-Time Director

NeoGrowth, India’s leading SME digital lender, recently appointed its Chief Executive Officer, Mr. Arun Nayyar, to the company’s Board of Directors, with effect from January 6, 2022. He has been designated as Whole-time Director & CEO, and with this appointment, the Board now comprises nine members.

Mr. Arun Nayyar, 45, has more than two decades of rich experience in the BFSI industry, and has spent the last 12 years in leading early and growth stage MSME lending businesses. Prior to NeoGrowth, Arun Nayyar was with Edelweiss Financial Services where he had been the ‘Chief Executive Officer – SME Lending’. He has also worked with Citibank and CRISIL. He is a Chartered Accountant by qualification.

Mr. Arun Nayyar has served as CEO of NeoGrowth since August 2018. Under his leadership, the company has been focusing on innovation with proprietary technology. He has played an instrumental role in advancing the digital loan journey for NeoGrowth customers, increasing its branch network, adding to its product range, and growing the portfolio. The company has also navigated through multiple challenges including the outbreak and aftermath of the COVID-19 pandemic. There has been a clear focus on building technology, use of analytics and staying at the forefront of latest industry developments.

Mr. Dhruv Khaitan, Founder & Chairman, NeoGrowth, said, “Arun’s stewardship has resulted in delivering tremendous business value to all stakeholders, in spite of the pandemic distress. Under his leadership, NeoGrowth’s business volumes are back to pre-COVID levels. I look forward to have him on the Board as we continue to work together in this journey for NeoGrowth to reach newer heights.”

Mr. Arun Nayyar, Chief Executive Officer, NeoGrowth, said, “I thank the Board for reposing their faith in me. At NeoGrowth, we continue to introduce tailored products and services that make digital lending easy and effective for all small businesses and meet their holistic business needs. With the support of the Board, I look forward to driving NeoGrowth to its highest potential.”

During the pandemic, NeoGrowth was one of the first non-banking finance companies (NBFCs) to create a customer outreach program, Sanjivni, as a measure to combat COVID-19 efficiently. Over the last three years, NeoGrowth has introduced several digitally enabled products like NeoCash Insta Loan, Plus secured loans, and several digital assets including a customer app to support the customer throughout the loan journey. The company has also put in place a very responsive and proactive risk management approach to overcome business challenges.

Mr. Nayyar will continue to lead NeoGrowth and strengthen its unique digital payments-based lending model with a customer centric approach. 

About NeoGrowth:

NeoGrowth Credit Pvt. Ltd is an SME- focussed lending fintech, leveraging the digital payments ecosystem. It is a systemically Important, Non-Deposit taking NBFC driving innovation with proprietary technology. NeoGrowth’s data science and technology led approach enables it to offer quick and hassle-free loans to MSMEs across 65+ segments. NeoGrowth offers a unique daily repayment option to its customers with multi-channel repayment modes. The company not only helps its customers grow but also drives financial inclusion making a positive social impact. NeoGrowth is backed by renowned investors, namely Omidyar Network, Lightrock, Khosla Impact, Accion Frontier Inclusion Fund – Quona Capital, IIFL Seed Ventures Fund, WestBridge and Leapfrog Investments.

KFin Technologies Launches Its New Corporate Brand Identity

KFin Technologies Private Limited (“KFintech”), an established SaaS company in India has announced the launch of its new corporate brand identity reflective of its corporate ethos.

The new brand identity has been indigenously designed to symbolise KFintech’s transformation and evolution as a company with foundational tenets of trust, technology and thought leadership. The triskelion motif represents a trifecta of the mentioned tenets culminating in Transformation representing rotational symmetry, usually denoted by three interlocking spirals.

The Golden Ratio incorporated in the logo ensures that the three arms in the design proportionately follow it, to depict a perfect symmetry and interdependence among its communication pillars. The letter ‘K’ represents Kinetic energy symbolizing the innate energy of the entity in motion. The tagline, ‘Experience Transformation’ reinforces KFintech’s role as a TechFin company.

Sreekanth Nadella, CEO, KFin Technologies Private Limited, said, “With the financial services participants embracing digital – transformational technologies curated with trust and thought leadership have been playing a pivotal role in redefining the new normal. The positioning of our identity is to reflect our organization’s purpose, strategic direction and strong execution capabilities in transforming mission critical financial infrastructure solutions to be most preferred and proactive solutions provider. The new logo symbolises perpetual transformation and the infinite loop of evolution.”

“We are deeply honoured for the trust that our clients and other stakeholders have reposed in us. As they say, “the best brand you can wear is your own identity” our new brand identifies itself with our unwavering commitment to transform the solutions and better the outcomes for the common good of all stakeholders.” Nadella added.

Hanisha Vadlamani, Chief of Brand & Corporate Communications, KFin Technologies Private Limited said, “KFintech as a brand has affinity and resonance to transform and meet the growing expectations of the consumers. The new brand identity and the ‘triskelion’ in the logo embody the corporate ethos of KFintech. While retaining the legacy of our brand name, the new look and feel of the brand are designed to internalize the core tenets and to convey to the world our coming-of-age transformation to be a critical pillar in the asset management industry.”

Godrej Consumer Products Limited Ranked No.1 Among India’s Top Companies For Sustainability And CSR 2021

Godrej Consumer Products Limited (GCPL), a leading FMCG company, was ranked number 1 among the top 100 companies in India, for sustainability and CSR initiatives in 2021. This ranking is based on a survey conducted by Futurescape and published by The CSR Journal, and analyses a list of 100 companies that have mapped their business goals to the Sustainable Development Goals (SDGs) for 2021.

The Responsible Business Rankings of India’s Top Companies for Sustainability and CSR in 2021 show that around 80% of the top 100 companies incorporate SDGs into their responsible business actions. All the top 25 companies map their business goals with SDGs. The Top 10 ranks cover a range of industries — information technology, FMCG, chemicals, life sciences, textiles, power, steel and mining. GCPL is ranked among companies like Infosys, Wipro, Tata Chemicals Limited, ITC Limited, Jubilant Life Sciences Limited, Grasim Industries Limited, Vedanta Limited, and Tata Power Company Limited.

GCPL has ranked number 1 for the first time with a spending of INR. 34.08 Crore on CSR initiatives in fiscal year 2020-21. At the beginning of the COVID-19 pandemic in March 2020, the company recognised the urgent need for corporate support to be extended to communities to ensure immediate relief. GCPL diverted 63% of its CSR budget to reach over 2.77 lakh of the most vulnerable communities in India and initiated medium and long-term support to over 9,000 nano entrepreneurs. By March 2021, over 1,000 people re-established their businesses or received entitlements.

Commenting on this recognition, Sudhir Sitapati, Managing Director and CEO, GCPL, said: “At Godrej Consumer Products, we are committed to building for a more sustainable future, while placing our planet and people alongside profits. In fiscal year 2020-21, as the COVID-19 pandemic spread across the world, we focused our efforts to ensure immediate relief and mid-to-long-term rehabilitation support. We worked in partnership with local authorities, the national government, and our communities, to provide support to the last mile. We continued to support our existing CSR programmes and pivoted our approach to the changing context on-ground. We have now partnered with local healthcare providers to raise awareness on vaccination among low-income and underserved communities. We aim to reach over 1, 00,000 people in India by March 2022. Going forward, we have bolder CSR goals, and aim to drive impact for over 13 million people by 2025.”

Another key area of focus in pandemic relief was strengthening public healthcare. GCPL donated medical equipment worth INR 2.36 Crore to the governments in Mumbai and Assam. In India, GCPL donated 21 lakh units of sanitation products in response to requests from local authorities, hospitals, and NGOs for frontline workers and communities.

Under its Sustainability and CSR initiative, Good & Green, GCPL has been working towards enhancing the employability of beauty professionals by providing employment to micro and nano beauty influencers, protecting people from vector-borne diseases through its EMBED programme, ensuring judicious use of natural resources, and implementing a range of environmental sustainability and community development initiatives.

GCPL also ranks among the top 15% within the industry for excellence in sustainability as part of the Sustainability Yearbook 2021 by S&P Global CSA.

About Godrej Consumer Products Limited

Godrej Consumer Products is a part of the over 124-year-young Godrej Group. We are fortunate to have a proud legacy built on the strong values of trust, integrity, and respect for others. As an emerging market company, we have witnessed rapid growth and are pursuing our exciting and innovative aspirations.

Today, our Group enjoys the patronage of 1.15 billion consumers globally, across different businesses. We rank among the largest Household Insecticide and Hair Care players in emerging markets. In Household Insecticides, we are the leader in India, the second largest player in Indonesia and are expanding our footprint in Africa. We are the leader in serving the Hair Care needs of women of African descent, the number one player in Hair Colour in India and Sub-Saharan Africa, and among the leading players in Latin America. We rank number two in Soaps in India and are the number one player in Air Fresheners and Wet Tissues in Indonesia.

But for us, it is very important that besides our strong financial performance and innovative, much-loved products, we remain a good company. Approximately 23% of the promoter holding in the Godrej Group is held in trusts that invest in the environment, health, and education. We are also bringing together our passion and purpose to make a difference through our Good & Green approach to build a more inclusive and greener India.

At the heart of it all, is our talented team. We take much pride in fostering an inspiring workplace with an agile and high-performance culture. We are also deeply committed to recognising and valuing diversity across our teams.

78% Bangaloreans Pplan To Switch From Renting To Owning Assets: Post ‘Generation-Rent’ Study By Godrej Housing Finance

Key Findings

* 25% feel purchasing house of their own is crucial to securing their future, second to job security (45%)

* 40% respondents feel buying a new house is the best investment option at present compared to the national average (32%)

* Flexibility on policy, timelines and credibility are the factors most important while choosing a home loan provider

78% people in Bengaluru have now become more inclined towards asset building and property purchase as an investment option in the post-pandemic world, revealed the latest study, Post 'Generation-Rent' commissioned by Godrej Housing Finance (GHF). The study was commission to gain insight into the shift in consumer's preference and the factors thereof that drive the decisions for considering property purchase, asset creation, and investment avenues by Indian consumers to secure their future in a post-pandemic world. 

The study further revealed that 25% of people in the city feel purchasing house of their own is crucial to securing their future second to job security (45%). Additionally, 40% feel buying a new house is the best investment option at present compared to national average of 32%. 

‘Generation-Rent’ is a well-documented phenomenon associated with Millennials across the world who prefer to rent over asset ownership of consumer durables and even housing. In stark contrast to earlier assumptions, the study found around 76% of Indians highlighted that they now plan to switch from renting to owning assets as an investment and lifestyle choice.

The Post ‘Generation-Rent’ study by Godrej Housing Finance revealed that almost half of Indians (49.13%) had started making headway in their house-hunting aspirations and reaching out to housing finance companies in the past year. 32.9% believe that buying a new house is the best investment option at present, while 16% mentioned owning a house is a top priority as work from home is the new normal.

The study also found that 25.5% of the Indians consider owning a home the second-most important aspect defining 'personal security', with job security leading the chart with 40.6% voting for it.  

Commenting on the findings, Manish Shah, MD & CEO, Godrej Housing Finance, said, “The pandemic has brought about a clear shift in preference amongst Indian consumers. They are gravitating towards future-proofing through long-term investments. With affordability at an all-time high, there has probably never been a better time to buy a house, which is both an important element of asset allocation and a key pillar of financial security. That said, customers believe that this change requires enhanced support from their financial partner to advise and guide them through this long-term commitment. The study re-affirmed our need to double down on offering innovation, flexibility and digital alternatives in both product design and delivery to facilitate homeownership better and ease the customer's financing journey.” 

The study further revealed that flexibility on policy, credibility and transparency of the brand, digital offerings, and relative turnaround time for processing are the top factors that drive the selection of financing partner. This can be attributed to consumers becoming accustomed to the on-demand gratification of their requirements aided by digital technology. 

The study also found that digital-first and frictionless processes are perceived as both an advantage and a starting point for consumers while choosing today's financing brands. Companies and services that offer end-to-end digital solutions gain an edge in consumer preference over more traditional financing models. 

About Godrej Housing Finance:

Godrej Housing Finance (GHF), a part of Godrej Industries Ltd., aims to build a long term, sustainable retail financial services business in India, deeply anchored around the Godrej Group's 124-year legacy of trust and excellence.

With a keen focus on product innovation, a digital-first approach, data-driven decision-making, and strong risk fundamentals, Godrej Housing Finance offers home loans and Loans against Property to customers across Mumbai, Delhi-NCR, Bengaluru, Pune and Ahmedabad

It follows a fair, fast and transparent process that enables Indians to purchase their dream homes - with flexible, affordable, and hyper-personalized loans to their financial capability and convenience. 

Godrej Housing Finance is committed to creating a great people organization built on the fundamentals of inclusivity, diversity and equality for all its employees, partners and stakeholders.

Methodology of the report: The report is based on interviews conducted by Innovative Research Services (India) Pvt. Ltd., with over 2000 Indians between 18-60 years of age across Bengaluru, Delhi, Chennai, Kolkata, Mumbai, Pune, and Ahmedabad.

Thursday, January 20, 2022

Microsoft Highlights Trend Toward AI Driven Business Applications With Disruption In Customer Journeys

* Aditya Birla Fashion and Retail, Eureka Forbes share insights on digital transformation efforts reimagined for an AI-first and collaboration-first world

As technology intensity accelerates in India, Microsoft shared insights into the growing trend of companies adopting AI driven solutions across its business applications stack with customer journeys being disrupted by the pandemic and evolving customer expectations. Speaking at a roundtable hosted by Microsoft with the participation of senior executives from Aditya Birla Fashion and Retail in addition to Eureka Forbes, Microsoft executives commented on how customers are leveraging the power of unified data and applied intelligence through Microsoft Business Applications, the integrated service that help companies unleash their potential by breaking down data silos to connect customers, products, people, and operations.

According to Irina Ghose, Executive Director, Cloud Solutions, at Microsoft, “Business leaders are constantly looking for new ways to optimize operations, transform products, empower employees, and engage customers. With Microsoft Business Applications, we help organizations access vast data sources, use AI to understand and generate insights and help people collaborate better. As a result, customers no longer need to experience the friction and inefficiencies created by static products and siloed data that lives in fragmented, monolithic software suites. They can move to a more empowered environment where they can nurture ongoing relationships with their customers on one platform that brings together all kinds of interactive, highly tailored experiences to ultimately transform their business.”

She further added “Every month over 500,000 companies including 57% of the Fortune 500 use Dynamics 365 to transform businesses, get more value for their assets and ensure a resilient supply chain by engaging customers differently. Today, more than 4500 organizations are using Dynamics 365 ERP to manage their operations successfully”.

Reflecting on the impact of the pandemic which was clearly the turning point for the Indian retail industry, Praveen Shrikhande, Chief Digital and Information Officer, Aditya Birla Fashion and Retail Ltd spoke about the rapid transformation needed to fulfil online orders which led to significant changes in their business process. Mr. Shrikande added, “In a period of 6 months, we enabled almost a thousand stores where the orders could be sent from our online site to the store and the store could dispatch the order directly, thereby setting the foundation for a hyper local model. Taking it a step further, we are now reimagining how the customer journey can be made truly omni- channel where a customer could come online, discover a product, and then pick it up or try it in the store and buy it there. Microsoft’s support with the Dynamics 365 platform has been pivotal in helping us integrate our front end and backend systems to make this tech transition happen.”

Khushru M. Mistry, Chief Information Officer, Senior Vice President, Eureka Forbes Ltd shared his perspective about embarking on the gig economy worker strategy and the fundamental changes needed for a tech perspective of human capital management systems. He said, “All our tech enablement is going to be on a frontend which is the mobile of the gig worker, ensuring that we are able to develop the applications rapidly, quickly, efficiently and gamify it, so that the engagement with the gig economy worker is much more relevant to what they do. With Dynamics 365 Service, we now have the advantage of a powerful CRM, packed with the latest technology and features that can facilitate new ways of working such as enhanced analytics to assist our field service staff in making quick decisions for our customers along with dashboards that reflect real-time dynamic capacity augmentation. Most importantly, the Microsoft Dynamics 365 platform will become the cornerstone for our future growth with the gig economy.”

“The ground reality is that every business function – including marketing, sales, customer support, and supply chain – will need to be reimagined for an AI-first and collaboration-first world, “said Praveen Mellacheruvu, Country Head -Business Applications, Microsoft.  “With Dynamics 365, we’re building a new generation of business applications to help organizations adapt to this new reality and break down silos between communications, collaboration, and business processes. We also see low-code/no-code as another key enabler of the digital transformation taking place across Indian organizations. With the Microsoft Power platform, business users can now drive process automation at a scale and pace that is not possible with traditional development models.”

Business Applications is Microsoft's integrated service which provides customers purpose-built apps to help manage specific business functions - sales, customer services, field service, finance, and operations among others. Microsoft Power Platform is a low code platform that allows organizations to analyze data, build solutions, automate processes, and create virtual agents, to meet business challenges effectively. The platform includes Power Apps, Power BI and Power Automate.

About Microsoft

Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more. Microsoft set up its India operations in 1990. Today, Microsoft entities in India have over 16,000 employees, engaged in sales and marketing, research, development and customer services and support, across 11 Indian cities – Ahmedabad, Bengaluru, Chennai, New Delhi, Gurugram, Hyderabad, Kochi, Kolkata, Mumbai, Noida, and Pune. Microsoft offers its global cloud services from local data centers to accelerate digital transformation across Indian startups, businesses, and government organizations.

Hero MotoCorp Commences Online Bookings On eSHOP For Next Lot Of XPulse 200 4 Valve

Further strengthening its digital initiatives for enhanced and contactless customer experience, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, today announced the commencement of online bookings of its latest motorcycle XPulse 200 4 Valve. The company has started accepting bookings for the second batch after the first lot was completely sold out.

Priced at Rs. 130,150 (ex-showroom – Delhi), the motorcycle can be booked at company’s online sales platform – eSHOP for a seamless buying experience by making an advance payment of Rs. 10,000/-. The user-friendly system guides the customers through all the relevant steps of making a decision, buying the vehicle and taking delivery. 

Commenting on the bookings announcement, Naveen Chauhan, Head – Sales and Aftersales, Hero MotoCorp, said, "Hero XPulse 200 has always known for giving an unrivalled experience, backed by exceptional technology, a modern design, and a distinct appeal. We are ecstatic with the overwhelming positive response and widespread acceptance that the XPulse 200 4 Valve has received from our customers. The first batch being instantly sold out demonstrates the growth of premium-motorcycle demand as well as customer confidence in the Hero brand. With the start of another batch of online bookings, we expect to meet the ever-increasing demand for XPulse 200 4 Valve in the country.”

With its on-road-off-road readiness, cutting-edge technology, and distinct styling, the XPulse – India's first 200cc adventure motorcycle – has captivated the youth across the world since its launch in April 2019. The XPulse 200 was named Indian Motorcycle of the Year (IMOTY) 2020, the most prestigious award in the Indian two-wheeler industry.

The new XPulse 200 4 Valve is built on its DNA of high-tech adventure experience, the motorcycle comes with the 200cc BSVI 4 Valve Oil Cooled Engine, that offers 6% more power and 5% added torque, thereby ensuring a relaxed and stress-free ride at high speeds.

Product Highlights - XPulse 200 4VALVE


The XPulse 200 is equipped with a BS-VI 200cc 4 Valve oil cooled engine which produces a power output of 19.1 PS @ at 8500 RPM and torque of 17.35 Nm @ 6500rpm. The 4 Valve oil cooled engine not only provides superior power across the mid and top-end speed range but also offers stress free engine performance even at high-speeds, while keeping the vibrations in control.

For better heat management in heavy traffic, the cooling system is now updated with a 7 fin oil cooler. The significantly improved transmission setup in XPulse 200 4V offers better strength and durability, while the gear ratio has been updated for better tractive effort and acceleration.


Equipped with the latest technology, the XPulse 200 4V guarantees a comfortable ride for a greater distance. The enhanced LED headlight provides better visibility at night and illuminates the road homogeneously.

It continues to boast the segment-first features such as full digital LCD instrument cluster with smartphone connectivity and call alerts, Turn-by-Turn navigation, Gear indicator, Eco Mode and two Trip meters and Single Channel ABS as standard offering.


With a conquer all terrains spirit, the motorcycle features long suspension travel –190mm front and 170mm rear along with 21” front and 18” rear spoke wheels. To ensure trouble free ride through the rocky and treacherous terrains, the motorcycle is equipped with an aluminum skid plate that protects the engine, new toothed brake pedal for maximum grip and control, and an upswept exhaust that enables deep water crossing.


The dual-purpose tyres, 10-step adjustable mono-shock suspension, accessible seat height of 825mm and high ground clearance of 220mm provides a well-rounded package for the adventurous rider.

Thanks to the well-engineered chassis setup, the XPulse 200 4V offers superior riding experience whether for a daily commute, or pleasure rides on country roads or off-road terrains.


For the enhanced travel capability, the motorcycle offers a luggage plate with bungee hooks to carry luggage even with a pillion passenger. The improved seat comfort makes every kilometre more relaxed and effortless. The protective windshield provides noticeably better wind and weather protection as well as more overall riding comfort. The USB charger helps a rider stay connected through the journey and front & rear petal disc brakes help efficient braking.


Inspired by the spirit of adventure and off-road, the new XPulse 200 4V comes in three new exciting color options – Trail Blue, Blitz Blue, and Red Raid to catch all the attention on road.


The already proven and a favorite of motorsports enthusiasts, the Rally Kit will continue to transform the XPulse 200 4V into a full-blown rally machine. The Rally Kit is completely road legal and also homologated for FMSCI approved motorsports events. This unique package of performance parts has enabled our customers to learn and improve their off-road skills for competitive racing.

3i Infotech Collaborates With MDEC To Build ASEAN Edge-As-A-Service Platform In Malaysia

* 3i Infotech and MDEC will collaborate to develop the NextGen NuRe Cloud/Digital Edge platform for the ASEAN region, aimed at helping clients leverage cloud at a great scale  

* Construction of the infrastructure will be done over the next five years, with additional 1,300 skilled workers  

Global IT company 3i Infotech has announced that they will be building an Edge-as-a-Service (EaaS) digital platform for the ASEAN region in Malaysia. 

The centralised virtual hub with offerings in areas such as digital trust and security is aimed to help clients leverage cloud at a great scale. The hub forms part of 3i Infotech’s expansion strategy in Malaysia and the APAC region. 

3i Infotech will be collaborating with Malaysia Digital Economy Corporation (MDEC), Malaysia’s lead digital economy agency, for the development of the NextGen NuRe Cloud/Digital Edge platform for the ASEAN region, focusing on initiatives that include building multi-edge platform, cloud migration, HCI as a Service, multi-cloud operations, secure app infrastructure, cloud networking and more. 

Construction of the NextGen NuRe Cloud/Digital Edge infrastructure will be done over the next five years. To accommodate this expansion, 3i infotech’s cloud infrastructure and digital services will create 1300+ jobs in Malaysia via a ‘Hire-Train-Engage’ model. This will accelerate the digitization of the SMB segment, enabling transformation through Oracle powered solutions for enterprises and customers. 

The collaboration with MDEC will allow 3i Infotech to improve cross-border data transfer and increase cybersecurity uptake among businesses. The company has established its presence in Malaysia since 2002, with their current office in KL Sentral serving as the Southeast Asia regional head office. 

“We are delighted to partner with MDEC in Malaysia, and further our long-standing commitment towards this market by providing next-gen digital growth and digital transformation for enterprises. With SMEs being the backbone of this thriving Malaysian economy, we are looking to Run, Grow and Build client businesses – especially SMBs, to accelerate new business growth and drive business excellence, based on a ‘Digital’ and ‘Cloud-first’ approach,” said Thompson P. Gnanam, Managing Director & Global CEO, 3i Infotech. 

“With common synergies that we share with MDEC, which is at the forefront of leading the country's digital economy, we aim to establish, among other objectives, a future-skill platform that will include reskilling current workforce with the digital skills that are needed to stay relevant with the technological advances," he further added. 

The vision of 3i Infotech’s Digital BPaaS (Business Process as a Service) and KPaaS (Knowledge Processing as a Service) vertical is to build opportunities for scalability, growth, and new business models in partnership with MDEC, and build a superior human & humanoid mix for business and knowledge processing services. It helps SMBs create their own COE’s within their own organization. This project will provide growth of employment opportunities for over 1000+ headcount over 3 years. 

Since its establishment in 2002, 3i Infotech in Malaysia has served several large enterprise clients that include Maybank, CIMB, Eastspring Investments Berhad, Amanah Mutual Berhad, RHB Asset Management Sdn Bhd, and Kumpulan Wang Persaraan, to name a few. With strong tailwinds supporting its business and growth levers in place, the company looks to achieve an organic revenue growth of US$1 billion by 2030. 

As part of its growth phase, 3i Infotech will change their entire model of working to be perimeter-less global offices with no physical and geographical boundaries. 

The expansion is a sign of continued trust in Malaysia’s ecosystem. “3i Infotech has witnessed Malaysia invest in digital connectivity in combination with digital entrepreneurship for SMEs and enterprise segments, that works very well with 3i Infotech’s model of promoting digital entrepreneurship in global regions to spur economic growth and job creation. We believe that our collaboration with MDEC in Malaysia will bring in next-gen digital growth and further adoption of borderless workforce within and outside Malaysia,” added Thompson. 

MDEC has been providing support to 3i Infotech for its 20 years in Malaysia. The agency has helped the company achieve MSC status on top of support with work-related visas, allowing 3i Infotech to attract foreign talent. 

MDEC has also provided quick redressals to all work permits or dependent pass related queries. During the COVID-19 pandemic, MDEC allowed all the Employment Pass (EP) and Dependent Pass (DP) holders of the company to continue working after the expiration date. 

Additionally, the #MyDigitalWorkforce Jobs website has allowed 3i Infotech to source for local hires easily and without charge. 

“MDEC has been a proud supporter of 3i Infotech over the years and is delighted to serve as a partner for the establishment of the ASEAN NextGen NuRe Cloud/Digital Edge. For 20 years, 3i Infotech not only opened a multitude of skilled job opportunities for Malaysians, but their products and services has benefitted many Malaysian businesses, allowing them to digitalise and scale their operations with next-gen solutions. 

“With the establishment of its NuRe platform, 3i Infotech will further drive the acceleration of digitalisation Malaysia, in line with the Malaysia Digital Economy Blueprint (MyDIGITAL) as well as MDEC’s vision to drive a progressive, innovation-led digital economy. We look forward to 20 more years of collaboration and innovation with 3i Infotech,” said Raymond Siva, Senior Vice President, Investment and Brand and Chief Marketing Officer, MDEC.

Link to Video (Online event): 3i-Infotech and MDEC Partnership v2.mp4 

About 3i Infotech 

Headquartered in Mumbai, India, since inception in 1993, 3i Infotech has been committed to driving business value across multiple industry verticals. 3i Infotech, today, has emerged as a leading name in propelling the current wave of digital transformation initiatives, with deep domain expertise across BFSI, Healthcare, Manufacturing, Retail and Government sectors. The Company has over 4500 employees in 30 offices, 15 countries and across 4 continents. With a wide range of IT services, 3i Infotech has successfully transformed business operations of customers globally. The Company has a very strong foothold and client base in geographies like North America, India, Asia Pacific, Middle East and Kingdom of Saudi Arabia. 


About Malaysia Digital Economy Corporation (MDEC) 

Malaysia Digital Economy Corporation (MDEC) is the agency under the Ministry of Communications and Multimedia Malaysia leading the digital transformation of the economy for 25 years. We aim to enable a progressive, innovation-led digital economy. 

To achieve this, MDEC will execute on its NADI (Nadi Digital) framework, based on the four thrusts: New skills, Adoption, Digital ScaleUps and Investments. NADI will drive our core programmes for the rakyat, industry and investors. MDEC will continue to lead Malaysia’s digital economy forward towards becoming a globally competitive digital nation, anchored on innovation, sustainability and shared prosperity, firmly establishing Malaysia as the Heart of Digital ASEAN. 

TECNO Launches POVA NEO: An Ultimate Powerhouse With A Massive RAM Upto 11GB And 6000mAh Battery At INR 12,999

* Priced at INR 12,999, POVA Neo sports a segment first high capacity 6GB + 5GB expandable RAM with memory fusion technology, a 128GB ROM and a 6000mAh battery

·*  Consumers can avail free complimentary earbuds worth INR 1499 with every purchase of POVA NEO

*  TECNO POVA NEO will be available across 50K+ retail touchpoints, starting 22nd January 2022

TECNO, the global premium smartphone brand, today launched the all-new POVA NEO from its performance-oriented POVA Series. The smartphones from the POVA series are known to deliver unmatched power and speed to their consumers at a competitive price points. As the digital age Gen Z consumers use numerous applications on the smartphone generating large volumes of data, they are always on a lookout for a smartphone that offers strong performance and large memory. Addressing such consumer needs, the newly launched POVA NEO boasts of ground-breaking features, offering customers a 6GB RAM which is expandable up to 11GB RAM owing to the superlative memory fusion technology, 128GB storage, and a giant 6000 mAh battery supporting 18W fast charging packed between a sparkling 6.8-inch display and a stunning curved crater design body.

POVA NEO comes with a 13MP AI dual Rear Camera with Quad Flashlight and an 8MP Selfie Camera with Dual Flashlight generating remarkable photos and video quality in varied light conditions, catering to all the photography needs of the shutter happy next generation.

Commenting on the launch, Arijeet Talapatra, CEO of TRANSSION India, said, “2021 was an exciting year for us, TECNO launched around 18 smartphones across our three different product line viz. CAMON, SPARK, and POVA. We also registered an online growth of 73% (Jan-Nov YTD) owing to our popular smartphones like Spark Go 2021, Spark 7T, and POVA 2. We have always endeavored to stay ahead of the curve by consistently introducing best-in-class functional innovations at competitive price points, with better accessibility for Indian consumers.”

“Stepping into 2022, TECNO will continue with the ‘Segment-First’ approach, and we plan to disrupt the mid-to-high segment of smartphones with diversified offerings from the POVA portfolio. With the best mix of speed, performance, and design, TECNO POVA NEO is packed with superlative features that today’s youth aspire. With the Indian market and its unique requirements at the center of all our strategies, we look forward to bringing in more innovation and redefining the power of innovation with POVA 5G underway.” Arijeet, added.

Backed by dual security features, the POVA NEO comes with rear fingerprint scanner and face lock. It will be available in Powehi Black, Geek Blue, and Obsidian Black colours. The smartphone is priced at INR. 12,999/- and comes with a complimentary pair of Tecno earbuds worth INR. 1,499/- and will be available in the retail stores starting 22nd January 2022.  


Bigger Storage, Better Performance

The POVA NEO offers a powerful 6GB high capacity LPDDR4x RAM + 5GB expandable RAM with memory fusion technology for super-fast functioning with a massive 128GB eMMC 5.1 internal storage extended up to 512GB by dedicated SD Card slot. It runs on HiOS v7.6 based on Android 11 to provide for a seamless smartphone experience.

With you for a long time; 6000mAh powerful Battery

POVA NEO offers an unmatched 6000mAh battery that gives you uninterrupted smartphone experience for a long duration on a single charge. This mega battery allows a whopping 55 days standby time, 190 hours of music playback, and 43 hours of calling time. It has an in-box 18W flash charger which charges the phone to 50% in less than an hour. Its Ultra Saving Mode is perfect for extreme power back up.

Incredible 6.8"HD+dot-notch display for superior viewing with Splash Resistant Technology

POVA NEO features a 6.8” HD+ big dot notch display with an 89.42% screen-to-body ratio making it a perfect binge for entertainment. The 262 PPI pixel density and 480nits brightness makes the screen perfect for playing games, watching videos or doing online activities like e-learning, meetings etc. shows, and games, in vivid, true-to-life colours. The 120Hz Touch sampling rate offers smooth touch for pro grade gaming. It is also comes with Splash resistant up to IPX2 rating to prevent water damage. Its modern and elegant layout with DTS Sound enhancement provides you with melodious sound quality at all times, along with giving it a luxurious look.

Great imaging with 13MP Dual rear camera and AI-powered photography

POVA NEO comes with a dual rear camera setup that includes a 13MP rear camera and an AI lens (F2.0 aperture) for enhanced clarity in each pixel, producing high-resolution photos. It can capture memorable shots without missing out on any details. It has a slow motion and 1080P time-lapse for pro-shooting experience.

Smooth Gaming with ET Engine Optimization

POVA NEO is powered by an efficient Mediatek Helio G25 Processor and ET Engine Optimization, with up to 2.0GHz clock speed, providing users with a smooth and full-frame game experience with the targeted acceleration of CPU, reduced GPU computing pressure and accelerated processing of game packets at the network layer offering an exceptional gaming experience. The users get to relish the HiOS 7.6 with many unique and customizable features, which include: Vault 2.0, Smart Panel 2.0, Kids Mode, Social Turbo (to improve WA experience), Anti-theft alarm, Voice Changer, App Twin, Peek Proof, Ultra Battery Saver, Photo Compressor, Video Assistant, Game Space and many more.


TECNO Mobile is a premium smartphone brand from TRANSSION Holdings. With “Stop at Nothing” as its brand essence, TECNO is committed to unlocking the best contemporary technologies for progressive individuals across global emerging markets, giving them elegantly designed products that inspires consumers to uncover a world of possibilities. TECNO understands the needs of consumers from different markets and provides them with localized innovations which is demonstrated through their mastery of serving consumers who are “young at heart” and never stops pursuing excellence. TECNO’s portfolio spans across smartphones, smart wearables and AIoT devices made for consumers in over 60 emerging markets across the world. TECNO is also the global Official Partner of Manchester City Football Club. 

OPPO Reno7 Pro 5G To Incorporate Sensitive Front Image Sensor - The Sony IMX709

* OPPO’s upcoming Reno7 Pro 5G to incorporate the world’s most sensitive front image sensor, the Sony IMX709

In keeping with its constant innovations in smartphone camera technology, OPPO, the leading global smart devices brand, is set to launch its portrait expert, the Reno7 Pro 5G. 

The handset features Sony’s new 32MP IMX709 selfie sensor with its 50MP IMX766 flagship camera sensor at the rear. 

The IMX709—exclusive to OPPO—is a customised RGBW (red, blue, green, white) front image sensor that can capture crisper and more evenly-exposed photos and videos; it is 60% more sensitive to light and reduces noise by 30% when compared to traditional RGB sensors. 

For selfies, the Reno7’s front camera automatically switches from 85° to a 90° angle when it detects more than two people in the viewfinder to capture multi-person snapshots. Additionally, in portrait photos, camera algorithms separate the subject in the foreground, detect light sources in the background to produce a soft lens flare and finally, blur the background for a more natural-looking Bokeh flare effect.

The Reno7 Pro 5G comes with an industry-leading rear camera setup which includes Sony’s flagship IMX766 large rear sensor that captures more light when shooting photos and videos. It also supports 26 adjustable bokeh levels that produce DSLR-grade images and videos. 

The Reno7 Pro 5G’s rear camera features the industry's first exclusive Bokeh Flare Portrait video that accurately identifies the human subject in any complex background and makes them stand out from a blurred background complete with soft-light lens flares. 

Both, the IMX709 and IMX766, support DOL-HDR technology which increases the dynamic range to shoot well-exposed images and detailed low-light videos; the cameras capture multiple long-exposure and short-exposure frames almost simultaneously and fuse them into a single vibrant snapshot. 

For any inquiry, please contact: 


OPPO Mobiles:

About OPPO Mobiles India Private Limited

OPPO is a leading global smart device brand. Since the launch of its first mobile phone “Smiley Face” in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO provides its users with the ColorOS operating system and internet services like OPPO Cloud and OPPO+. OPPO operates in more than 50 countries and regions where more than 40,000 OPPO's employees are dedicated to creating a better life for customers around the world. 

Hero Global Centre for Innovation and Technology Achieves The Coveted ‘GreenCo Platinum’ Rating

True to its commitment of creating a sustainable future, Hero MotoCorp, world's largest two-wheeler manufacturer, has been conferred the coveted ‘GreenCo Platinum’ rating for Hero Global Centre for Innovation and Technology (CIT) by the prestigious Confederation of Indian Industry (CII) Green Business Centre, as part of the Green Company rating system.

Hero Global Centre for Innovation & Technology (CIT) becomes the first research and development facility to receive GreenCo Platinum rating under the R&D category, as well as the only unit to receive a green rating under the CII – Rajasthan State Pollution Control Board (RSPCB) scheme. The Indian Green Building Council (IGBC) has already awarded the centre a Platinum certification, with a score of 91 points, making it the highest-rated facility in India’s manufacturing sector.

Commenting on the achievement, Dr. Arun Jaura, Chief Technology Officer, Hero MotoCorp said, “We are pleased that our consistent green initiatives have earned Hero Global Centre for Innovation and Technology (CIT) the distinction of being the only R&D facility to receive this honour from a prestigious industry body like the CII. The ratings are a testament to our facility’s large-scale efforts to ensure environmentally sustainable operations. All of us at Hero MotoCorp remain firmly committed to Sustainability and preservation of the environment as our key guiding principles.”

The 'GreenCo Platinum' is awarded to the industries for demonstrating leadership and commitment towards environment conservation by CII as part of its Green Company rating system with a comprehensive framework that evaluates performance of green features of companies on 10 broad green parameters. These parameters include energy efficiency, renewable energy, water conservation, waste management, material conservation, green supply chain, product stewardship and life cycle assessment, innovation for environment and green infrastructure, among others.

About Hero Centre for Innovation and Technology (CIT)

Inaugurated in March 2016, the Hero Centre for Innovation & Technology (CIT) is the global research and development center of Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters. The state-of-the-art facility is located in Jaipur in the northern Indian state of Rajasthan and reiterates the vision of Hero MotoCorp to bring innovative and green technologies for the world.

The CIT is a marvel of engineering and technological innovation where nearly 1000 tech experts and automotive engineers drawn from around the world are engaged in designing and developing modern, technologically superior mobility solutions for customers in the company’s global markets across 43 countries in Asia, Africa, South and Central America, and the Middle East.  Spread across an area of 260 acres, the CIT houses the best global technologies for product design, development, R&D, testing and validation.

The facility has world-class test-tracks that are 17-kilometer-long and have 45 different surfaces. These tracks are integral to Hero’s research efforts to simulate real-world road conditions, both from India and international markets.

Toyota Kirloskar Motor Launches India’s Much-Awaited Lifestyle Utility Vehicle - The Hilux

Key Feature Highlights of Toyota Hilux

·       All-new lifestyle vehicle is powered by 2.8 L Four Cylinder Turbo-Diesel Engine & available in an option of 6-Speed Automatic or 6-Speed Manual Transmission

·       With world-class engineering, enhanced safety, advanced technology and best-in-class comfort, every day will be an adventure. Automatic Transmission (AT) variant provides segment-leading power of 204 hp & torque output of 500 Nm; Manual Transmission (MT) variants generate 204 hp and 420 Nm. All variants come with a 4X4 drivetrain enabling customers to engage in smooth off-roading

·       The lifestyle vehicle renowned for its ruggedness sports a bold look with a Muscular Bonnet Line & Piano black Trapezoidal Grille with thick chrome frame thereby lending a sophisticated feel. Further, it comes with striking 18-inches Alloy Wheels with Super Chrome Finish

Sharp Swept Back LED Headlights & LED Rear Combi-lamps with an iconic night-time signature complete the modern look of the lifestyle vehicle

·       Top safety features such as 7 SRS Airbags, Vehicle Stability Control (VSC), Traction Control (TC) Electronic Systems to keep vehicle control under adverse weather & road conditions

·       Electronic Differential Lock (EDL), Automatic Hill Assist Control (HAC), Downhill Assist Control (DAC) and Automatic Limited Slip Differential (ALSD) ensures complete control for driver in any conditions

VFC steering that provides natural handling that matches the speed of the vehicle

·       First-in-segment features such as Drive modes options (Power & Eco), Tire Angle Monitor & Front Parking Sensors for a smooth drive

·       Utmost passenger comfort on the inside with Leather Seats, Dual Zone Fully Automatic Temperature Control, Smart Entry & Auto Head Lamps

·       Eight-inch infotainment table style screen with Android Auto/Apple CarPlay provides entertainment and seamless connectivity technology

·       Toyota Hilux is available in exciting colors – Emotional Red, White Pearl, Silver Metallic, Super White & Grey Metallic

·       Large deck which provides unmatchable space & flexibility

Overall Features of Toyota Hilux

Performance Features:

2.8 L Four Cylinder Turbo Diesel Engine

500Nm of Torque which is by far the best in the segment

All variants equipped with 4X4 drive capabilities along with many first-in-segment features

Hilux comes with an unmatched water wading capacity of 700mm

Innovative Multi-purpose Vehicle (IMV) platform with rigid frame structure

Exterior Features:

LED Headlamps with Chrome Accents

Bold Piano black Trapezoidal grille with thick Chrome Surrounds

LED DRL & Turn Indicator in Headlamps

LED Rear Combination Lamps

Front & Rear LED Fog lamps with Chrome Accents

18-inch Super Chrome Finish Alloy Wheels

Safety & Security Features:

7 SRS Airbags

Vehicle Stability Control, Traction Control, Hill Assist & Downhill Assist Electronic Controls

Automatic Limited Slip Differential

ABS with Electronic Brakeforce Distribution and Brake Assist

Trailer Sway Control

Emergency Brake Signal

Cruise Control, Shift Switch Sequential & Shift Lock System

Electrochromic IRVM

Reverse Parking Camera with Display in Audio

ISOFIX Child Seat Restraint System

Anti-Pinch Driver Side Power Window

Interior Features:

New eight-inch Smart Playcast Touchscreen Audio (with Android Auto/Apple Carplay) and Smartphone-based Navigation

Premium Leather Seats (Only in AT Variant)

Front Centre Sliding Armrest with Storage

Leather Wrapped Steering Wheel

Upper Cooled Glove Box

Comfort & Convenience:

Smart Entry with Engine Push Start/Stop button

Dual Zone Fully Automatic AC

Cruise Control

Eight-way Powered Front Seat (Driver)

Eight-inch infotainment system with Android Auto/Apple CarPlay

Outside Rear-view Mirror Electric Adjust/Electric Retract

Toyota Kirloskar Motor (TKM), today, launched the iconic Hilux in the Indian market to cater to the needs of customers seeking an incredible lifestyle utility vehicle that is best suited for off-roading adventure drives on tough terrains, and everyday city use. The name Hilux, which is derived from ‘high’ and ‘luxury’, known for extreme ‘toughness’ and ‘ruggedness’ across terrains of the world for decades.

Today’s launch ends the wait for many SUV aficionados looking to experience the Hilux on the tough roads of India. The Toyota Hilux has been developed considering the local conditions and requirements even as it stays true to its character. The highly anticipated lifestyle vehicle was launched in a mega event today in the presence of Toyota Motor Corporation (TMC) Chief Engineer - Mr. Yoshiki Konishi, Toyota Regional Chief Engineer - Mr. Jurachart Jongusuk, Toyota Kirloskar Motor (TKM) Managing Director - Mr. Masakazu Yoshimura, TKM Executive Vice President of Sales & Customer Service - Mr. Tadashi Asazuma and TKM General Manager of Strategic Business Unit, Mr. Wiseline Sigamani.

Globally, the Hilux sales has surpassed 20 million units winning hearts of millions from over 180 countries. For over 5 decades and through 8 generations, the Toyota Hilux has moved with the times to create exceptional experiences and an unbreakable bond with those who desire for awesomeness in their daily drives be it business or family. With world-class engineering, enhanced safety, advanced technology and best-in-class comfort, the Toyota Hilux offers many first-in-segment features.

This global icon’s reputation of being a powerful performer is courtesy of the rigid Innovative Multi-purpose Vehicle (IMV) platform and a strong powertrain system. It is the same platform (body-on frame chassis construction) that underpins the Innova Crysta and Fortuner which have been a runaway success in India and across many countries. These segment-leading and admired models continues to receive positive feedbacks from customers, thanks to a wide range of remarkable features coupled with a robust engine, while also offering absolute confidence regardless of driving conditions, amazing endurance, low cost of maintenance, and great practicality for various usage purposes of these vehicles. 

The Hilux is loaded with features a heavy-duty turbo engine and diamond-like carbon coating on the piston rings for maximized frictional efficiency. The result is a whopping 500Nm of Torque which is by far the best in the segment. In essence, the Hilux is an unrivalled amalgamation of performance, power and fuel efficiency in its class. The Variable Flow Control to the power steering has boosted drivability making the steering lighter at low speed in city traffic condition & heavier at higher speeds cruising on a highway. The steering dynamics intelligently adapts according to the drive mode - switching from Eco to Power, or Power to Eco. Being true to its reputation of being a tough outdoor companion, the Hilux features a large flatbed deck which provides unmatched flexibility to carry anything from outdoor gear to sports kits.

With the IMV frame structure at its heart, the Hilux has set new benchmarks in off-road capabilities. The Hilux comes with an unmatched water wading capacity of 700mm meant to maneuver though Indian trails. The exceptional wheel articulation and the adoption of Electronic diff-lock also gives the Hilux unimaginable off-road capability in the toughest of conditions with greater fuel efficiency. In real sense, it is based on Toyota’s philosophy of “customer first” - truly understanding customers’ expectations and desires, testing and driving on a wide variety of local road conditions, to experience & feel the multi-functional elements. Indeed, it is a wholesome package of renowned ruggedness, recreational lifestyle, performance, responsiveness, and safety.

The length & height of the Hilux give it a presence like no other. The engine hood, front bumper, lower guard, and bumper corners converge to bring focus to the bold & sophisticated trapezoidal piano black grille with chrome surround, Distinctive LED Rear combi lamps give a dynamic presence and enhance nighttime visibility. The sophistication is further enhanced with striking 18” alloy wheels.

The Hilux truly offers the most advanced experience by beautifully harmonizing performance with glamorous interiors that combines sophistication and practicality with innovation, style and design. The leather seats, soft touch interiors with metal accents give it a modern and progressive look. To enhance driving comfort the vehicle comes equipped with Front parking sensors to ease parking in tight city conditions. The Tablet style 8" touchscreen infotainment system with Android Auto & Apple CarPlay ensures you’re always in control and connected on the go.

Safety is paramount to Toyota, to ensure the safety of both the driver and passengers, the Toyota Hilux packs the most advanced safety features across its variants. The ABS, EBD, Brake Assist System and Hill-Start Assist Control ensures safe driving in any given road conditions, making it the most desirable car. With features such as reverse camera, clearance sonar and back up sonar for all variants, with seven SRS airbags, Downhill Assist Control and Vehicle Stability Control, customer is assured to experience the thrill and joy of driving the safest Toyota Hilux.

As a result of high-levels of in-built safety features, Toyota Hilux was awarded a 5-Star Crash Safety Rating by New Car Assessment Program for Southeast Asian Countries (ASEAN NCAP).

Further, the new GR DKR Hilux T1+ developed by Toyota Gazoo Racing team brings the outstanding victory at the 44th edition of Dakar Rally 2022, which is considered the most grueling rally event, held at Saudi Arabia recently. This spectacular win with new Toyota GR Hilux is a testament of Toyota’s ability to continuously push the limits of engineering and build ever-better cars.

Talking about the design concept of Toyota Hilux, Mr. Jurachart Jongusuk, Toyota Regional Chief Engineer, said, “In our pursuit of developing ever-better cars, we conduct deep analysis of consumers’ driving needs and varied usage of vehicles in local conditions with greater market insights. Considering their wants and desires for an enriching mobility experience, we are pleased to bring to India the tough and invincible Hilux based on the strong IMV lineage.

Powerful, sophisticated and built to last, the Hilux is a testament to Toyota’s world-class engineering, enhanced safety and best-in-class comfort rightly channelized to position the go-anywhere, do-anything vehicle for those seeking adventure, thrill and enriching moments with friends and family”.

Commenting on the launch of the Toyota Hilux, Mr. Masakazu Yoshimura, Managing Director, TKM, said, The launch follows our ‘customer first’ philosophy of responding to the ever-evolving expectations of various customer demographics, with new product offerings. Today, as India continues to make larger economic strides, many customers are seeking a sophisticated lifestyle vehicle that delivers exceptional on & off-road prowess and fulfil their daily urban mobility needs be it work or pleasure.

The Hilux will cater to these customer demands and hopefully spawn a new genre in the country. Further, this launch will set the path for us in India to welcome many more new customers to the Toyota family and help us achieve our goal to deliver “Mass Happiness to All”. We look forward to bringing more awesomeness in the time ahead as we begin 2022 with landmark moments.”

Sharing his views, Mr. Tadashi Asazuma, Executive Vice President – Sales & Customer Service, TKM, said, “The launch of Hilux brings out the key essence of “unmatched toughness & sophistication”. Customers will get to enjoy the Quality, Durability, and Reliability that they have experienced with the successful models as Innova Crysta and Fortuner. For many of our loyal customers, this new offering will be a step up in their journey with Toyota. Our desire is to continue to excite them and our new customers with lifetime experiences that fulfil varied needs and provide a bouquet of options.

The Hilux which draws inspiration from the lifestyles of people who don’t give up, brings together the best of all worlds. Further, to supplement the amazing experience of Hilux, we are much excited to launch the specialised range of accessories for adventure-oriented customers’, truly reflective of the design concept. These range of suggested accessories will amplify the versatility of the Hilux. To know more about such accessories, we urge the customers to visit and explore at their nearest Toyota touchpoints.

There is already a good response from our existing and newer customers in the run-up to the launch and we are confident that this will peak even further.”

Bookings for Toyota Hilux are open, Ex-showroom prices will be announced in March 2022 before we start the deliveries in April 2022. Customers can either book the car online ( or visit their nearest Toyota dealership.

The Toyota virtual showroom enables customer to experience the Hilux from comfort of their home. A true reflection of ‘We Are Where You Are”. Now Customers can seamlessly get a 360-degree external and internal views, check out all the available variants and colors, experience the key features and get variant-wise comparison. It also allows customers to e-book at the click of button."

NTT Ltd. Appoints Avinash Joshi As The New CEO For Indian Market

* Sharad Sanghi elevated as Managing Director of the combined businesses of NTT Ltd. in the country

NTT Ltd., a USD 11 billion global technology services company,today announced the appointment of Avinash Joshi as Chief Executive Officer for its India business.

Avinash will be responsible for end-to-end go-to-market, sales, delivery, operations, and profitability for NTT Ltd in India and will report to Sharad Sanghi. Sharad has been elevated to the role of Managing Directorand will lead the businesses of NTT Ltd. in the country.

Avinash Joshi has been appointed at a time when the operations of NTT Group have undergone a significant reorganization and strategic consolidation of business activities. As a leading organization in India in IT infrastructure solutions and services, including data center, cloud and cyber security, network and digital workplace, NTT has been supporting thousands of clients in their digital transformation journey and operations across the country.

Commenting on Avinash’s appointment, Sharad Sanghi, Managing Director, India, said, “India is one of the fastest growing technology markets in the world and is witnessing unprecedented digitization and adoption of cutting-edge technology. This has been further expedited by the need for online business ecosystems in the wake of the pandemic. Avinash brings exceptionalvalue, with his extensive experience of working in IT & Telecom Industry. As we undertake massive infrastructure and capacity building, we look forward to his impactful leadership intaking the company to greater heights and expanding market coverage.”

Talking about his new role, Avinash Joshi said, “With numerous innovations to its credit, NTT has been leading technology transformation all over the world. In India, the company offers an unparalleled range of skills, infrastructure capabilities and end-to-end integration of key technologies to enable digital transformation for its extensive and diverse clientele. I am veryexcited to join the organization and leverage my expertise to serve our clients, partners and colleagues. NTT Ltd. is committed to the cause of sustainable and shared growth for all, and it will be my endeavour to take the company further towards its goals in the times to come.”

Avinash joins NTT after being with IBM for more than 18 years where his core expertise was in P&L, Strategic Business Development, Key Account Management, Sales and Delivery. In his last role, he was the Senior Partner and Vice President, 5G, APAC, IBM Services.Avinash has overall experience of over 30years in Client facing roles and P&L management.

About NTT Ltd.

NTT Ltd. is a leading, global technology services company. To help our clients achieve their digital transformation goals, we use our global capabilities, expertise, and full-stack technology services delivered through our integrated services platform. As their long-term strategic partner, we help them enhance customer and employee experience, transform their cloud strategy, modernize their networks and strengthen their cybersecurity. And across their transformation priorities, we automate their business processes and IT, drawing insights and analytics from their core business data. As a global ICT provider, we employ more than 50,000 people across 57 countries, trading in 73 countries and delivering services in over 200 countries and regions. Together we enable the connected future.

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