Sitaram Kandi Announced As The New CHRO Of Tata Motors

Tata Motors, India’s leading automobile and mobility solutions company today announced that Mr. Sitaram Kandi is being appointed to the role of Chief Human Resources Officer (CHRO) of the company, effective 1st April 2024.

As CHRO, Mr. Kandi will also join the Tata Motors Executive Committee.

In his current role, Mr. Kandi heads Human Resources for Tata Motors’ Passenger Vehicle and Electric vehicle businesses and leads Employee Relations and Skill Building for Tata Motors. 

Mr. Kandi will be taking over from Mr. Ravindra Kumar G.P, who has been serving as the CHRO of Tata Motors since 2018 and will be moving on to a new responsibility within the Tata Group.

A career HR professional with thirty years of experience and an alumnus of the Symbiosis Institute of Management Studies, Mr. Kandi has worked on diverse facets of HR and Industrial Relations with global companies including Bosch, Monsanto and General Electric, in India and overseas, prior to joining Tata Motors in 2019. 

About Tata Motors

Part of the USD 128 billion Tata group, Tata Motors Limited (BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 42 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks, and buses, offering an extensive range of integrated, smart, and e-mobility solutions. With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and ranks among the top three in the passenger vehicles market.

Tata Motors strives to bring new products that captivate the imagination of GenNext customers, fueled by state-of-the-art design and R&D centres located in India, the UK, the US, Italy, and South Korea. By focusing on engineering and tech- enabled automotive solutions catering to the future of mobility, the company’s innovation efforts are focused on developing pioneering technologies that are both sustainable and suited to the evolving market and customer aspirations. The company is pioneering India's Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by developing a tailored product strategy, leveraging the synergy between Group companies and playing an active role in liaising with the Government of India in developing the policy framework.

With operations in India, the UK, South Korea, Thailand, South Africa and Indonesia, Tata Motors markets its vehicles in Africa, the Middle East, Latin America, Southeast Asia, and the SAARC countries. As of March 31, 2023, Tata Motors’ operations include 88 consolidated subsidiaries, two joint operations, three joint ventures, and numerous equity-accounted associates, including their subsidiaries, over which the company exercises significant influence.

Sundram Fasteners Limited Reports Increase In Consolidated Net Profits At Rs 129.44 Cr For The Quarter Ended Dec 31, 2023

 

Consolidated Financials

·            Revenue from Operations at Rs. 1,367.25 Crores

·            Profit before Tax (PBT) at Rs. 171.85 Crores

·            Profit after Tax (PAT) at Rs. 129.44 Crores

The Board of Directors of Sundram Fasteners Limited today announced the unaudited Financial Results for the third quarter ended December 31, 2023.

Highlights: Quarter ended December 31, 2023: FY 2023-2024

Standalone Financials

The revenue from operations was at Rs 1,180.62 crores for the quarter ended December 31, 2023 as against Rs 1,226.87 crores during the same period in the previous year.

The domestic sales for the quarter ended December 31, 2023 were at Rs 812.46 crores as against Rs 813.38 crores during the previous year.

The export sales for the quarter ended December 31, 2023 were at Rs 339.15 crores as against Rs 364.64 crores during the previous year.

The earnings before interest, depreciation and taxes (EBITDA) for the quarter ended December 31, 2023 was at Rs 201.19 crores as against Rs 188.20 crores during the same period in the previous year.  The Company has improved its EBITDA margin at 16.80% as against 15.10% during the same period in the previous year. This has been due to stringent cost control measures and improvement in operational efficiency.

The finance cost for the quarter ended December 31, 2023, after accounting for exchange differences, was at Rs 3.41 crores, as against Rs 6.27 crores for the corresponding quarter in the previous year. The reduction in finance costs was due to a reduction in borrowings on account of efficient working capital management.

The Company continues to have an all-time low debt-equity ratio of 0.11.

The Profit before Tax (PBT) for the quarter ended December 31, 2023 was at Rs 155.58 crores as against Rs 142.05 crores during the previous year.

Despite the impact of the floods on the operations in the factories located in Chennai in December 2023, the Company has recorded a net profit of Rs. 116.19 crores for the quarter ended December 31, 2023 as against Rs 106.13 crores during the previous year.

Earnings per share for the quarter ended December 31, 2023 amounted to Rs 5.53 and was Rs 5.05 in the corresponding period last year.

Consolidated Financials

The Company’s consolidated revenue from operations posted for the quarter ended December 31, 2023 was at Rs 1,367.25 crores as against Rs 1,403.03 Crores during the same period in the previous year.

The consolidated net profit for the quarter ended December 31, 2023 was at

Rs 129.44 crores as against Rs 118.07 crores during the previous year.

The consolidated earnings per share (EPS) for the quarter ended December

31, 2023 amounted to Rs. 6.12 and was Rs 5.57 in the corresponding period last year.

Highlights: Nine months ended December 31, 2023: FY 2023-2024

Standalone Financials

The revenue from operations was at Rs 3,630.58 crores for the nine months ended December 31, 2023 as against Rs 3,684.70 crores during the same period in the previous year. The net profit for the nine months ended December 31, 2023 was at Rs 346.65 crores as against net profit of Rs 347.99 Crores during the same period in the previous year.

Consolidated Financials

The Company’s consolidated revenue from operations posted for the nine months ended December 31, 2023 was at Rs 4,199.83 crores as against Rs 4,214.80 Crores during the same period in the previous year.  The consolidated net profit for the nine months ended December 31, 2023 was at Rs 391.23 crores as against net profit of Rs. 372.88 Crores during the same period in the previous year.

Memorandum of Understanding with the Government of Tamil Nadu

The Company has entered into a Memorandum of Understanding (MOU) with the Government of Tamil Nadu for the proposed investment of Rs 1,411 crores in its factories in the State of Tamil Nadu. The planned investments span up to 2027-28 and will be used for capacity expansion of existing products, including components for electric vehicles.

Capital expenditure

The Company has incurred capital expenditure for the nine months ended

December 31, 2023 in line with its planned capital expenditure of Rs 300 crores for the financial year 2023-24. In keeping with the large EV orders secured by the Company and the Memorandum of Understanding entered with the Government of Tamil Nadu, capital allocation and development of products are in accordance with the timelines planned by the Company.

About Sundram Fasteners

Sundram Fasteners Limited, a Company headquartered in Chennai, has established a track record of leadership over 60 years. With a diversified product line,

world-class facilities in 3 countries and motivated team of talented people, Sundram Fasteners has become a supplier of choice to leading customers in the automotive segments worldwide.

The product range consists of high-tensile fasteners, powder metal components, cold extruded parts, hot forged components, radiator caps, automotive pumps, gear shifters, gears and couplings, tappets, iron powder, powertrain components and

sub-assemblies. Over the years, the Company has acquired cutting-edge technological competencies in forging, metal forming, close-tolerance machining, heat treatment, surface finishing and assembly.

Apparel Group’s Homegrown Brand R&B Fashion Opens Its 6th Flagship Store In Bengaluru

* The brand expands its Retail Footprint with the launch of its 18th store in India.

Rare and Basics (R&B), a fashion brand under the Apparel Group, has inaugurated its sixth store in Bengaluru. Located at HSR Layout, this new outlet marks the 18th retail establishment for R&B in India.

This opening emphasizes and further builds on R&B’s commitment to strengthen its presence and fulfill the growing fashion demands of Indian consumers. The newly opened large-scale store has a bright interior with segments for men, women, and children. The space is designed to appeal to a range of age groups and offer affordable apparel to Indian shoppers.

Spanning a spacious 12,000 sq.ft, the store at HSR Layout, Bengaluru stands as a testament to R&B Fashion’s reputation for trendsetting. It offers a curated selection, merging international runway hits with versatile everyday fashion. Catering to children, women, and men, the range extends to fashion apparel, footwear, beauty, toys, and accessories. True to R&B’s core values, the store advocates diversity and body positivity, by offering styles in a vast array of sizes.

Apparel Group launched R&B in October 2012 and opened its first retail store at Muscat Grand Mall in Oman. In India, R&B is currently present in Kozhikode (Kerala), Kochi, Ahmedabad
, Hyderabad, Bengaluru, Mangalore and Mysore. It currently operates over 123 stores across seven countries including India, Oman, UAE, Qatar, Bahrain, Kuwait, and Saudi Arabia.

Abhishek Bajpai, CEO of Apparel Group India, said, “Our new flagship store in HSR Layout, Bengaluru is more than just a retail space; it’s a commitment to our customers. As Bengaluru continues to be pivotal in our growth strategy, this launch aligns perfectly with our plans for R&B’s expansion in India. Our homegrown brand is ready to delight customers with its exceptional blend of style, quality, and shopping comfort”.

ABOUT APPAREL GROUP

Apparel Group is a global fashion and lifestyle retail conglomerate residing at the crossroads of the modern economy – Dubai, United Arab Emirates. Today, Apparel Group caters to thousands of eager shoppers through its 2025+ retail stores and 80+ brands on all platforms while employing over 20,000+ multicultural staff.

Apparel Group has carved its strong presence in the GCC and expanded thriving gateways to market in India, South Africa, Singapore, Indonesia, Thailand, Malaysia, and Egypt. Additionally, clear strategies are in place to enter emerging markets such as Hungary and Philippines.

Apparel Group has created an omni-channel experience, operating brands originating from the USA, Canada, Europe, Australia, and Asia. The brands include leading names in fashion, footwear, and lifestyles such as Victoria’s Secret, Victoria’s Secret PINK, Charles & Keith, Aldo, Aldo Accessories, Bath & Body Works, Tim Hortons, Inglot, Call It Spring, Anne Klein, Herschel Supply Co., R&B, Beverley Hills Polo Club, La Vie En Rose, and Daiso Japan. Apparel Group owes its amazing growth to the vision and guidance of its dynamic Founder and Chairwoman, Mrs. Sima Ganwani Ved, who has taken the company from strength to strength since its inception in the last two decades.

ABOUT R&B

The fastest growing value & lifestyle fashion brand in the Middle East & India. R&B was Launched in Oman-Muscat Grand Mall in Oct 2012 and has a strong presence with over 90 plus stores across 7 countries. R&B is constantly striving and launching a new store every month, spread across 1,000,000 area sq. ft.

R&B offers quality clothing at affordable prices across the GCC & India region. Our team of in-house designers ensures we are always ahead of the latest trends, creating great new looks for every season.

We currently feature in Oman, UAE, Qatar, Bahrain, Kuwait, Kingdom Of Saudi Arabia & India.  Our global experience allows us to deliver a brand and product ideally suited for diverse markets with varying customer requirements.

Tata Motors Announces Its Robust Consolidated Q3 FY24 Results

* Revenue Rs  110.6K Cr (+25.0%), EBITDA at Rs 15.8K Cr (+60.6%),

* PBT (bei) Rs 7.6K Cr (+4.4K Cr), Automotive Free Cash Flows Rs 6.4K Cr (+1.1K Cr) (vs PY)  

·       JLR Revenue £7.4b up 22%, EBITDA at 16.2% (+410 bps), EBIT at 8.8% (+510 bps)

·       Tata CV Revenue Rs 20.1K Cr, up 19.2%, EBITDA at 11.1% (+270 bps), EBIT at 8.6% (+270 bps)

·       Tata PV Revenue Rs 12.9K Cr, up 10.6%, EBITDA at 6.6% (-30 bps), EBIT at 2.1% (+60 bps)

Tata Motors Consolidated:

TML delivered a strong performance in Q3 FY24 with Revenue of Rs 110.6K Cr (up 25.0%), EBITDA at Rs 15.8K Cr (up 60.6%) and EBIT of Rs 9.2K Cr (+Rs 5.3K Cr) with all automotive verticals continuing their profitable growth trajectory. PBT (bei) improved by Rs 4.4K Cr to Rs 7.6K Cr and Net Profit was Rs 7.1K Cr. For YTD FY24, the business reported strong PBT (bei) of Rs 19.0K Cr, an improvement of Rs 22.6K Cr over the previous year. Net Automotive debt reduced further to rs 29.2K Cr.

JLR revenue improved 22% to £7.4b. Improved wholesales and reduced material costs resulted in EBIT margins of 8.8% (+510bps). CV revenue improved by 19.2% and EBIT improved to 8.6% (+270bps) benefiting from higher realisations and richer mix. PV revenues were up by 10.6% and EBIT margins improved by 60 bps to 2.1% led by savings in commodity costs. 

Looking Ahead:

We remain positive on all three auto businesses. We expect the performance to further improve in Q4 on account of seasonality, new launches and improving supplies at JLR.  We achieved net debt reduction of ?9.5K Cr in Q3 and we are confident of achieving our deleveraging plans.

PB Balaji, Group Chief Financial Officer, Tata Motors said: “It is satisfying to see our businesses execute well on their differentiated strategies and deliver a strong set of results for the quarter, thereby making it six quarters of consistent delivery. We aim to end the year on a strong footing and remain confident of sustaining our performance in the coming quarters and delivering on our de-leveraging plans.”   

JAGUAR LAND ROVER (JLR) - 

Highlights

·       Record Q3 FY24 and YTD FY24 revenue of £7.4 billion and £21.1 billion respectively.

·       EBIT margin in Q3 FY24 of 8.8%; more than double Q3 FY23.

·       PBT (bei) was £627 million in Q3 FY24, JLR’s highest quarterly profit since Q4 FY17. YTD FY24 PBT (bei) was £1.5 billion.

·       Free cash flow was £626 million in Q3 FY24 and £1.4 billion for YTD FY24 and net debt reduced to £1.6 billion.

·     Total liquidity was £5.8 billion, including the £1.52 billion undrawn revolving credit facility.

Modern Luxury

·       Record quarterly Range Rover wholesales

·       Range Rover Electric generating strong interest with over 15,000 sign ups to the waiting list since opening

·       Sales of highest specification Range Rover SV with average price of £202,000, are growing year-on-year with 3,637 year-to-date sales already surpassing 1,909 Range Rover SV sold in FY23

·       Defender 110 D300 X-Dynamic S wins What Car?  Car of the Year ‘Best seven-seater’ award

Electrification

·       Range Rover Electric prototypes being tested on the road while electric medium size SUV prototypes and new Jaguar prototypes in development

·       Transformation of JLR plants for EV production continues at pace:

o   New £60m BEV underbody line at Solihull, West Midlands, UK, being installed

o   New body shop in Halewood, Merseyside, UK, for electric EMA models near completion

o   Production lines for electric drive unit manufacture at Wolverhampton, West Midlands, UK progressing well

Sustainability

·       ESG risk rating from Sustainalytics further improved, ‘Low Risk’ score reduced from 17.1 to 15.6, with ranking improving from the 4th to the 3rd lowest risk out of 74 companies in the Automotive Sub Industry

Financials

JLR delivered another strong performance in Q3 FY24, increasing wholesales to fulfil more client orders in the quarter. Revenue for the quarter was £7.4 billion, up 22% versus Q3 FY23 and up 8% versus Q2 FY24. Revenues for YTD FY24 were £21.1 billion - JLR’s highest ever revenue in the first nine months of a financial year and up 35% yoy. EBIT margin was positive at 8.8%, more than doubling from 3.7% a year ago. The higher profitability yoy reflects favourable volumes and reduced chip costs, offset partially by unfavourable fixed marketing, administration and FX revaluation.

Looking ahead

The Company is on track to achieve its profitability and cashflow targets. The EBIT margin for FY24 is expected to be over 8% and we continue to expect operating cashflow to support net debt of less than £1 billion by the end of FY24 and positive net cash in FY25.

Adrian Mardell, JLR Chief Executive Officer, said: “We have delivered a further outstanding financial performance in quarter three, with our best quarterly profit for seven years and our highest ever revenue for the first nine months of a financial year. Sales of our modern luxury vehicles hit new records in the quarter and we are excited about the strong client interest for our soon to launch Range Rover Electric. I must attribute these results to our talented and dedicated people, who work relentlessly to bring our exceptional modern luxury cars to the market. Looking ahead, we are mindful of the challenges our business will face but are confident that we will continue to successfully deliver our Reimagine Strategy.”

TATA COMMERCIAL VEHICLES (TATA CV) - 

Highlights

·     Q3 FY24 revenue at Rs 20.1K Cr, (+19.2%), EBITDA 11.1% (+270 bps), EBIT 8.6% (+270 bps), PBT (bei) Rs 1.7K Cr.

·     YTD FY24 revenue at Rs 57.2K Cr, (+15.4%), EBITDA 10.4% (+410 bps), EBIT 7.7% (+400 bps), PBT (bei) Rs 4.1K Cr.

·     Double-digit EBITDA delivered; continue to see sequential improvement.

·     Domestic Vahan market share at 38.7% in Q3 FY24. HGV+HMV 50.7%, MGV 38.6%, LGV 32.4%, Passenger 35.1%. 

·     HGV+HMV market share increasing consistently this year. MGV market shares up 100bps qoq on better availability. Action plans underway to improve LGV market shares.

·     Showcased a wide range of safer, smarter and greener mobility solutions at EXCON 2023. Unveiled advanced and comprehensive range of aggregates.

·     Launched all-new Intra V70 pickup, Intra V20 Gold pickup and Ace HT making small commercial vehicles & pickups more efficient, functional, and productive with reduced ownership costs.

·     Bagged the prestigious order of 1,350 diesel bus chassis from Uttar Pradesh State Road Transport Corporation.

Financials

In Q3 FY24, domestic wholesale CV volumes were 91.9K units, marginally higher 1.1% yoy. Exports were at 4.8K units increasing by 14% yoy. However, revenues improved by 19.2% yoy to Rs 20.1K Cr on account of salience towards medium and heavy commercial vehicles and better market operating price. The quarter witnessed strong EBITDA and EBIT margins of 11.1% (up 270 bps yoy) and 8.6% (up 270 bps yoy) respectively, due to improved pricing, superior mix, and strong realizations leading to a strong PBT (bei) of Rs 1.7K Cr.

Looking ahead

Going forward, we expect demand to improve in Q4FY24 across most segments due to the Government’s continuing thrust on infrastructure development, the promising growth outlook of the economy and our demand-pull initiatives. We will continue to improve realizations whilst growing VAHAN share, drive innovation to address specific micro segment needs, focus on market development and scale up EV penetration. Focused actions are underway to win back the market share in SCVPUs. Profitability continues to remain the key focus area and we will strive to ensure consistent margin improvement and delivery of double-digit EBITDA margins.

Girish Wagh, Executive Director Tata Motors Ltd said: “The CV industry witnessed a pause in sales growth in Q3FY24 on account of the higher base effect, impact of elections held across five states, and the post festive seasonal slowdown in rural consumption. While M&HCV and Passenger Commercial segments witnessed healthy growth, shrinking IL&CV and SCVPU sales pulled down overall volumes during the quarter.  Owing to pricing discipline and richer mix, profitability continued to improve and we achieved 11.1% EBITDA margins in Q3 FY24. We will continue to drive the business with strong customer connect, proactive demand-pull initiatives and with innovations in product and service. By improving customer affinity for our brands, we intend to further step-up registration market shares sustainably, and improve realisations and profitability.”

TATA PASSENGER VEHICLES (TATA PV) - 

Highlights

·     Q3 FY24 revenue at Rs 12.9K Cr, (10.6%), EBITDA 6.6% (-30 bps), EBIT 2.1% (+60 bps), PBT (bei) Rs 0.4 K Cr.

·     YTD FY24 revenue at Rs 37.9K Cr, (+6.0%), EBITDA 6.1% (flat yoy), EBIT 1.6% (+70 bps), PBT (bei) Rs  0.9 K Cr.

·     VAHAN registration market share increased to 14.6% in Q3 FY24. EV registration market share at 73.2%.

·     EV penetration at 12%, CNG penetration at 14% in YTD FY24.

·     Tata Motors’ new Harrier and Safari have become the first recipients of BNCAP’s 5-star rating from India.

·     Commenced production at its state-of-the-art new facility in Sanand, Gujarat.

·     Introduced advanced Pure EV architecture – acti.ev and will underpin future products from the TPEM portfolio.

·     Introduced first car “Punch.ev” on the acti.ev architecture.

·     Inaugurated exclusive TATA.ev stores in Gurugram, offering an immersive experience for the EV community.

·     Signed MOUs with charging point operators and Bharat Petroleum for setting up 17,000+ chargers in the next 1 year.

Financials

PV volumes were at 138.6K units (+5% yoy) supported by a strong supply situation, new SUV facelifts, and a robust demand during the festive period.  Revenues were up 10.6% yoy at Rs 12.9K Cr. EBIT margins improved by 60 bps yoy to 2.1% on account of cost savings in commodities, offsetting higher fixed expense spends. On a standalone basis, in Q3 PV (ICE) EBITDA margins were at 9.4% (+20 bps qoq). EV business EBITDA margins pre R&D spends was near breakeven.

Looking ahead

We continue to see healthy growth for our business with multiple new products scheduled for launch in CY2024. The recently launched Punch.ev has garnered strong interest and will scale up EV volumes further. We successfully retooled Sanand facility in the shortest span of 12 months, taking it to a new level to accommodate a wide range of existing products and future new models to come. We continue to strengthen the EV ecosystem through exclusive TATA.ev stores and are accelerating the charging infrastructure and recently signed MoUs to set-up 17,000+ public chargers. We remain focused to achieve double digit EBITDA margins in PV, grow margins in EV and deliver market beating growth.

Shailesh Chandra, Managing Director TMPV and TPEM said: “Q3 FY24 was a strong quarter for the PV industry with robust festive sales. However, coming off a high base, the industry recorded a single digit growth at an overall level while the sales of EV and CNG powered vehicles grew over 90% and 25% respectively, signaling a growing preference for green and smart technologies by customers. Tata Motors recorded wholesales of 138.5K units (up 5% vs Q3 FY23) with a strong focus on retails resulting in a significant rise in Vahan registrations for Q3 FY24 (up~14% vs Q3 FY23 and ~24% vs Q2FY24). EV sales grew 21% vs Q3 FY23 (domestic + IB) and CNG grew by a substantial 214%.  New avatars of the Nexon (ICE & EV), Harrier and Safari and our EV offering Punch.ev received excellent response from the customers. The business continued to improve financial performance and EV business (excluding R&D spends) was EBITDA breakeven.  Going forward, we will remain agile and are optimistic about continuing the growth trend in the quarters ahead.”

ADDITIONAL COMMENTARY ON FINANCIAL STATEMENTS -           

(Consolidated Numbers, Ind AS)

Finance Costs

Finance costs reduced by Rs 191 Cr to Rs 2,485 Cr in Q3 FY24, due to reduction in gross debt during the period.

Joint ventures, Associates and Other income

For Q3 FY24, net profit from joint ventures and associates amounted to Rs 193 Cr compared with a profit of Rs 103 Cr in Q3 FY23. Other income (excluding grants) was Rs752 Cr in Q3 FY24 versus Rs455 Cr in Q3 FY23.

Free Cash Flows                           

Free cash flow (automotive) for Q3 FY24, was positive at Rs 6.4K Cr driven by strong improvement in cash profits. Net automotive debt reduced to Rs 29.2K Cr.

Embrace The Adventure. BMW Motorrad Kick-Starts GS Experience Level 1, 2024 Training Program

BMW Motorrad commences its most awaited training program – GS Experience Level 1, 2024 in India. The GS Experience presents an unparalleled opportunity for riders to discover the extraordinary prowess of BMW Motorrad's iconic GS series, perfectly suited to its natural terrain. This exclusive, two-day event offers a bespoke training program tailored specifically for owners of BMW's adventure motorcycles, promising a deep dive into the world-class capabilities of the legendary GS range.

BMW Motorrad will host this two-day immersive training for GS owners across 13 cities – Pune, Surat, Mumbai, Kolkata, Indore, Hyderabad, Jaipur, Chennai, Lucknow, Kochi, Bengaluru, New Delhi and Chandigarh.

Mr. Vikram Pawah, President, BMW Group India, said, “The GS is not just a motorcycle, it's a beacon of adventure. BMW Motorrad is reshaping the landscape of adventure biking in India, and the indomitable Spirit of GS is leading the charge. Our GS Experience is more than just a riding program; it's a gateway for adventure enthusiasts nationwide. Tailored to suit all riding styles, this course is meticulously designed to refine your skills, boost your confidence, and amplify the joy of riding. Guided by our trainers from BMW Motorrad International Instructor Academy, participants will unlock the full potential of adventure riding and conquer every challenge with their GS, fully equipped to explore the thrilling world of adventure motorcycling.”

Designed exclusively for BMW GS owners, the two-day level 1 program will help riders to master basics of off-road riding. The day 1 training program is for BMW GS owners of 650 cc and above GS bikes. While the day 2 is for BMW 310 GS riders. The training includes basic familiarity of the motorcycle, understanding of correct rider position, enduro steering and other exercises such as off-road riding, emergency stops on slope, emergency braking and riding on inclines. Riders automatically qualify for level 2 training upon successful completion of level 1.

The GS Experience showcases the dynamic qualities of each GS model in real-world conditions and techniques to enjoy the Spirit of GS while ensuring highest safety. Each session includes a briefing and demonstration by BMW Motorrad IIA (BMW Motorrad International Instructor Academy) certified trainers, that will take riders through the impressive array of technologies available on the GS range of motorcycles. The sessions offer riding experience on a combination of bitumen and off-road under expert supervision.

For registration and further details contact the nearest BMW Motorrad Dealership.

World Cancer Day Spotlight: Experts Views On Tackling Karnataka’s Cancer Challenge

-          Personalised Care through precision driven approach that puts patients at the centre

-          Access to global experts and technology to bring in a multi-disciplinary approach 

-          Introducing precision technology through CAR-T Cell Therapy for cancer patients

Karnataka carries a staggering cancer burden, with the second highest reported rate among all Indian states covered by population-based cancer registries (PBCRs). Data reveals a staggering 151 cases per lakh population, mainly cervical ovarian and breast cancers which translates to a significant public health challenge.

Despite a rising burden, personalized medicine offers tailored therapy. Recently, India witnessed a beacon of hope in the form of precise cutting-edge treatments and personalised care approaches. For instance, standing at the forefront of precision therapy for cancer, is the newly introduced CAR-T cell therapy, NexCAR19. According to medical oncologists, this gene-modified cell treatment offers a single-infusion approach that significantly improves quality of life at a fraction of the global cost. The arrival of CAR-T program in Karnataka marks the start of a new era of personalized cancer care. It opens avenues for newer therapies and solutions for patients with relapsed or refractory B-cell lymphoma and B-acute lymphoblastic leukaemia.

A cancer diagnosis often comes with an overwhelming amount of information for patients to sift through and remember. In the intricate tapestry of cancer care, case managers emerge as vital navigators, offering a beacon of support for those traversing the challenging terrain of diagnosis and treatment. Medix Global, which offers a unique healthcare management model, further amplifies this support by offering its Personalised Cancer Care Case Management services as a pillar of support for patients and their families. "No two cancer journeys are identical," says Medix Global’s Founder and CEO, Ms. Sigal Atzmon. "That's why we tailor our services to each patient's unique needs. We delve into medical history, personal circumstances, and treatment goals, crafting a precise, personalised care plan just for them. Ultimately, we aim to empower patients, navigating the intricate landscape of cancer care with compassion while leveraging both global and local expertise”, she said.

Medix Global aims at bringing in a fundamental change in how healthcare is delivered and consumed in India. Dr. Ankit Kumar Gupta, Senior Case Manager Doctor at Medix Global’s Mumbai Office emphasises on how their model is a movement away from a one-size-fits-all and fragmented approach towards more advanced, nuanced, patient-specific and holistic cancer care. “By implementing our uniquely managed care models across India, Medix flattens the inequality of care curve, reduces unwarranted healthcare variations between doctors, hospitals, cities, regions, countries and more, making quality healthcare borderless”, he said.

“The impact and improvement in medical outcomes that we have demonstrated speaks for itself”. Added Ms. Atzmon. “In 7.8% of the oncology cases managed, we changed the diagnosis and helped reach an accurate diagnosis. This includes, the type or subtype of cancer, staging of the tumour or extreme cases in which the patient was wrongly diagnosed and did not have cancer at all. In 54.1% of the cases, our specialists have recommended a different and more optimal, personalised treatment regimen. In 11.5% of the cases we helped, our patients avoid significant unnecessary treatment, procedures or surgery that was either not in line with the medical guidelines or not indicated for their condition.” 

Personalised Cancer Management is crucial not just for better patient outcomes but also for the sustainability of healthcare systems at large. Such transformative approaches to healthcare shine as opportunities for individuals, insurers, employers and healthcare providers alike to ensure a healthier, more sustainable future.

About Medix:

Medix is a ground-breaking medical management company engineered to direct the full potential of leading science, expertise, treatments, and technology to people’s most critical health needs. Since 2006, Medix has been changing the course of health for millions of customers by delivering impactful medical responses that are borderless, personalised and data-driven. We embolden health & life insurers, brokers, employers, consumer facing retailers, and governmental institutions to transcend conventional care models, moving beyond transactional care to better health, human, and financial outcomes.

Medix’ responses combine the best digital tools with real human presence and operations on the ground for any health need throughout life, and include Medical Prevention, Chronic Disease Management, Personal Medical Case Management and Care Navigation, Rehabilitation and Mental Health Management.

Medix services can be found all over the world, active in more than 90 countries, servicing millions of customers with bases in Mumbai, Delhi, New York, London, Munich, Tel Aviv, Singapore, Jakarta, Kuala Lumpur, Bangkok, Melbourne, and Hong Kong. As a shared value company, Medix drives social and economic growth in the communities we serve while delivering proven better medical and human outcomes.

Air India Announces The Appointment Of Ravindra Kumar G.P. As Chief Human Resources Officer

Air India has announced the appointment of Ravindra Kumar G.P. as Chief Human Resources Officer, reporting to CEO & MD Campbell Wilson.

Ravi will formally assume the role on 1 April 2024, succeeding Dr Suresh Dutt Tripathi who is retiring.

Following a long career with General Electric Company, the last four years of which as CHRO for South Asia, Ravi joins from Tata Motors Limited where he has held the role of President & CHRO since 2018. 

Announcing the transition, Campbell Wilson, CEO & MD of Air India, said: “We are delighted to have Ravi join the Air India team, and we look forward to his contribution to the next phase of our transformation journey.  At the same time as welcoming Ravi, we acknowledge the outstanding contribution of Suresh who, upon Air India’s privatization, answered the call and has played a vital role over the last two years.  We wish him well in his well-deserved and well-earned retirement.” 

About Air India:

Founded by the legendary JRD Tata, Air India pioneered India’s aviation sector. Since its first flight on October 15, 1932, Air India has built an extensive domestic network with non-stop flights to cities around the world, across the USA, Canada, UK, Europe, Far-East, South-East Asia, Australia, and the Gulf. After 69 years as a government-owned enterprise, Air India and Air India Express were welcomed back into the Tata group in January 2022.

Air India is navigating through a major five-year transformation roadmap under the aegis of Vihaan.AI, with an ambition to become a world class airline with an Indian heart. The first phase of this transformation, the taxi phase was recently concluded, and focused on fixing the basics. These included bringing back to service many long grounded aircraft, addition of talent across flying and ground functions, rapid upgradation of technology and strengthening of customer care initiatives amongst others. A member of Star Alliance, the largest global airline consortium of leading international airlines, Air India offers seamless connectivity and facilities to passengers all over the world.

Embassy REIT Achieves Full Year Leasing Guidance of 6.5 M Sqft In 9 Months; Delivers Best Quarter with 3.5 M Sqft of Total Leases

·         Best leasing quarter achieved with 3.5 msf across 22 deals; 6.5 msf leased year-to-date meeting full year leasing guidance in 9 months

·         Three large pre-lease deals of 2.2 msf with leading multinationals, including a major Australian Bank, an American Retail Major and a US-based Tech company

·         Refinanced Rs 2,600 crores at an average 8.25%, including first-time issuance of commercial paper

·         Delivered distributions of Rs 493 crores or Rs 5.2 per unit

·         Public shareholding increased from 30% at IPO to 92% as of December 2023, resulting in a diversified unitholder register of marquee global and domestic institutions and an ever-expanding retail base

Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, reported results today for the third quarter ended December 31, 2023.

Aravind Maiya, Chief Executive Officer of Embassy REIT, said, “It’s been a remarkable quarter for Embassy REIT. We’re pleased to announce that we’ve achieved our annual leasing guidance in just 9 months. As our 2.2 msf of pre-leasing to three renowned global companies demonstrates, India continues to be a thriving business hub for GCCs. As more and more multinationals set up their centres in India, their need for premium office spaces to house their talent will grow exponentially in the coming years. Our refinance of Rs 2,600 crores through a combination of instruments provides us increased flexibility in managing our debt portfolio. Lastly, the strength of our business is reflected by the excellent response of equity investors to the recent sponsor stake sale, which has resulted in an increase of our public float to 92% and a truly diversified blue-chip unitholder base.”

The Board of Directors of Embassy Office Parks Management Services Private Limited (‘EOPMSPL’), Manager to Embassy REIT, at its Board Meeting held earlier today, declared a distribution of Rs 493 crores or Rs 5.2 per unit for Q3 FY2024. The record date for the Q3 FY2024 distribution is February 12, 2024, and the distribution will be paid on or before February 17, 2024.

Business Highlights

·         Record leasing of 3.5 msf across 22 deals, including 1.1 msf of new leases and three large pre-lease deals of 2.2 msf in Bengaluru with leading multinationals

·         Global Captive Centres (GCCs) in primarily BFSI, retail, and tech sectors accounted for over 78% of total leasing

·         90%+ occupancy levels across 50% of Embassy REIT’s properties

Financial Highlights

·         Revenue from Operations grew by 8% YoY to Rs 936 crores

·         Delivered distributions of Rs 493 crores or Rs 5.2 per unit

·         Refinanced Rs 2,600 crores at an average rate of 8.25% including first-time commercial paper issuance of Rs 1,000 crores; strong balance sheet with an industry-leading in-place debt cost at 7.8% and dual AAA/Stable credit ratings

Operational & Development Highlights

·         Development pipeline of 6.9 msf of which 90% is in Bengaluru at highly attractive yields of over 20%

·         Hotel portfolio continued to perform strongly with 55% occupancy, 19% YoY ADR growth and an EBITDA of ?50 crores

·         Included in the 2023 Dow Jones Sustainability Indices making Embassy REIT the first Indian REIT to be recognized for its sustainability initiatives by this leading global benchmark

Investor Materials and Quarterly Investor Call Details

Embassy REIT has released a package of information on the quarterly results and performance, that includes (i) condensed standalone and condensed consolidated financial statements for the quarter and nine months ended December 31, 2023 (ii) an earnings presentation covering Q3 FY2024 results, and (iii) supplemental operating and financial data book that is in-line with leading reporting practices across global REITs. All these materials are available in the Investors section of our website at www.embassyofficeparks.com.

Embassy REIT will host a conference call on February 5, 2024 at 17:00 hours Indian Standard Time to discuss the Q3 FY2024 results. A replay of the call will be available in the Investors section of our website at www.embassyofficeparks.com.

About Embassy REIT

Embassy REIT is India’s first publicly listed Real Estate Investment Trust. Embassy REIT owns and operates a 45.4 msf portfolio of nine infrastructure-like office parks and four city centre office buildings in India’s best-performing office markets of Bengaluru, Mumbai, Pune, and the National Capital Region (‘NCR’). Embassy REIT’s portfolio comprises 35.8 msf completed operating area and is home to over 240 of the world’s leading companies. The portfolio also comprises strategic amenities, including four operational business hotels, two under?construction hotels, and a 100 MW solar park supplying renewable energy to tenants. Embassy REIT’s industry leading ESG program has received multiple accolades from renowned global institutions and was awarded a 5-star rating both from the British Safety Council and GRESB. Embassy REIT was also recognised as the world’s largest ‘USGBC LEED Platinum-Certified’ office portfolio (v4.1 O+M) by Green Business Certification Inc. For more information, visit www.embassyofficeparks.com.

MAHE And Vedan Trust Set The Stage For A Greener Future With Zero Waste Campus Agreement

Manipal Academy of Higher Education Bangalore in a bid to create a more sustainable & eco-friendly campus inked Memorandum of Understanding with Vedan Trust, and partner/ funder SVP India, to initiate making the newly developed campus a zero-waste site. This initiative will mark MAHE Bengaluru as a first private educational institution to do so.

The Zero Waste Campus project is one of many initiatives of the rewilding MAHE B’lru Task Force at the campus, to work towards long-term sustainability goals. The initiative is oriented towards reducing wet and dry waste generation inside campus, segregate any refuse and find the best opportunities to reuse, recycle, regenerate (through composting), and other modes. MAHE B’lru is committed to ensuring long-term sustainability of this and other initiatives through engaging students, staff and faculty in awareness and action-oriented programs and events, aligning with the UN Sustainable Development Goals 2030.

Commenting on the initiative, Dr Raghavendra Prabhu, Deputy Registrar, Manipal Academy of Higher Education, Bengaluru, says “Seeing the commitment and teamwork put into our mission to achieve the campus zero trash makes me incredibly proud. This project not only demonstrates our dedication to environmental sustainability, but it also emphasizes our role in forming responsible global citizens. Not only are we diminishing our ecological footprint through creative waste management techniques and the enthusiastic participation of our college community, but we are also cultivating an environmental stewardship culture that will extend well beyond our campus walls. Let's continue this revolutionary journey together toward a more sustainable and greener future”.

Suhasini Hathwar, Project Coordinator, Vedan Trust, said, “Simple act of dropping the waste in right bin saves natural resources and becomes the raw material for recyclers. We are glad that MAHE Bengaluru has taken the right step where they are ready to walk the talk.”

Attendees of the MoU from Vedan Trust included Secretary of Vedan Trust, Mr. Sathyanarana, and volunteers Ms. Suhasini and Mr. Rakesh. From SVP India were Mrs. Padmashree Balaram, and Ms. Sashi Rajamani.

MAHE representatives included Deputy Registrar Dr. Raghavendra Prabhu, Dr. Deepta Sateesh (Chair of the Rewilding Task Force), Dr. Navaneetha Krishnan, Dr. Shilpa (DLHS), Dr. Harini Santhanam, Dr. Harish (SPOC for the Zero Waste Campus initiative), Dr. Sunil John, Mr. Prashant (IT), Ms. Divyadarshini (Admissions), Mr. Gaurav (Admissions), Ishappa (Library), and other representatives from the faculty across campus.

Rotary Bangalore Midtown And Nucleus Office Parks Collaborate To Green Bangalore University Campus

In a significant initiative towards environmental sustainability, Rotary Bangalore Midtown, in collaboration with Nucleus Office Parks, who funded this project under their CSR initiative, undertook the ambitious task of planting 1000 saplings at Bangalore University  recently. This joint effort reflects the commitment of both organizations to contribute to the well-being of the community and the environment.

The tree plantation drive took place at the Bio-Diversity Park in the sprawling campus of Bangalore University, creating a green oasis that not only enhances the beauty of the surroundings but also promotes ecological balance. The event aimed to raise awareness about the importance of environmental conservation and engage the local community in fostering a greener and healthier environment.

The collaboration between Rotary Bangalore Midtown and Nucleus Office Parks highlights the power of public-private partnerships in addressing environmental challenges. Nucleus Office Parks, a leading player in the commercial real estate sector, demonstrated its commitment to corporate social responsibility by supporting this noble cause. The partnership showcases the potential for businesses to make a positive impact on the communities in which they operate.

Members of Rotary Bangalore Midtown actively engaged with the employees of Nucleus Office Parks and its Clients, Rotaractors and gardeners from Bangalore University, creating a sense of community involvement and shared responsibility. The event served as a platform for educating participants about the significance of forestation, the role of trees in mitigating climate change, and the long-term benefits of preserving green spaces within urban areas.

The 1000 saplings planted encompassed a diverse range of native tree species which included both fruit and flower bearing trees apart from the other species which were carefully selected to thrive in the local climate and soil conditions. This selection ensures the sustainability and adaptability of the newly planted green cover, contributing to the overall biodiversity of the region.

The tree plantation drive not only brings immediate environmental benefits but also holds the promise of long-term positive impacts. As the saplings grow into mature trees, they will provide shade, enhance air quality, and contribute to the overall well-being of the Bangalore University campus and its surroundings.

The joint effort of Rotary Bangalore Midtown and Nucleus Office Parks in planting 1000 saplings at Bangalore University exemplifies the potential for collaborative action in addressing environmental challenges. This initiative not only contributes to the greening of the university campus but also serves as a beacon of inspiration for sustainable practices and corporate social responsibility. The impact of this endeavour is expected to resonate for years to come, leaving a lasting legacy of environmental conservation and community engagement.

Honda Cars India Registers 11% Growth With 8681 Units Of Domestic Sales In January 2024

* Clocks highest ever monthly export volume of 4,531 units

Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, registered monthly domestic sales of 8,681 units in January 2024. The export numbers for HCIL stood at 4,531 units in Jan’24.  

Commenting on the sales performance in January 2024, Mr. Yuichi Murata, Director of Marketing and Sales at Honda Cars India Ltd., said, “Entering the new year, our models have consistently contributed to our sales volume, reflecting a positive demand for our lineup. Honda Elevate maintains its strong performance, gaining growing preference and momentum month after month. Alongside Elevate, the unwavering success of the Honda City and Amaze has played a crucial role in sustaining our momentum.”

Honda Cars India Ltd had registered domestic sales of 7,821 units and exported 1,434 units in January ‘23.

About Honda Cars India Ltd.

Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, was established in December 1995 with a commitment to provide Honda’s passenger car models and technologies, to the Indian customers. HCIL’s corporate office is based in Greater Noida, UP and its state-of-the-art manufacturing facility is located at Tapukara, District. Alwar, Rajasthan. 

Honda’s models are strongly associated with advanced design and technology, apart from their established qualities of durability, reliability, safety, and fuel-efficiency. The company has a strong sales and distribution network spread across the country. 

Besides the new car business, Honda offers one stop solution for buying and selling pre-owned cars through its business function Honda Auto Terrace. The Honda Certified Pre-owned cars come with an assurance of quality and peace of mind that caters to the diverse and burgeoning needs of pre-owned car buyers across the country.

ORRA Unveils 2.5 Carat-Look Diamond Earrings For Every Celebration

Whether you find yourself attending ceremony or an evening soiree in your surroundings, ORRA has you covered with its newly launched 2.5-carat look diamond earrings, a perfect addition to elevate your style on this significant occasion. As India's Leading diamond destination, ORRA consistently keeps pace with festivities, unveiling timeless pieces for every celebration.

In a splendid homage to the nation's spirit, ORRA proudly introduces the limited edition 2.5-carat look diamond earrings, on the auspicious Republic Day. This launch not only embodies the harmonious blend of opulence and patriotism but also reflects ORRA's commitment to craftsmanship and unparalleled quality. Designed with meticulous attention to detail, the 2.5 carat look diamond earrings, from the Republic Collection exude timeless elegance, capturing the grandeur of the occasion.

The recently launched 'Aekta' - The Wedding Collection, a manifestation of the brand's deep Indian roots. Rooted in the cultural richness of Indian weddings, 'Aekta' transcends mere adornment, becoming a profound narrative of love, heritage, and luxury. From delicately crafted cocktail jewellery to opulent heavy sets, this collection reflects the evolving preferences of modern brides and her wedding party. Complementing these are other extravagant lines such as the Astra Collection, Desired Collection, and Platinum Collection and Crown Star featuring India’s brightest diamond.

Featured among these collections is ORRA's exquisite all-in-one box set, meticulously designed to captivate hearts on special occasions. This enchanting set comprises a stunning pendant and matching earrings, making it the ideal gift for birthdays, anniversaries, and the much-anticipated Valentine's Day. Explore our diverse range of offerings, from dazzling diamond necklaces adorned with colored stones to meticulously crafted box sets and the refined elegance of 2.5 -carat look diamond earrings.  

ORRA is known for providing 100% certified jewellery with complimentary insurance and free lifetime maintenance. The brand offers a lifetime exchange, buyback, and a seven-day return policy for conflict-free diamonds. Additionally, ORRA provides a 6-month upgrade facility, and all its jewellery is BIS Hallmark Certified.

As part of the ongoing Diamond Festival, and to make the Republic Day celebrations even more special, ORRA is offering special  discounts, for customers visiting the store: 

·       Up to 25% off on diamond jewellery (for a limited period) * 

·       0% interest on EMI facilities* 

·       Free Shagun Gold Coin on diamond jewellery purchase*

·       100% exchange value on old gold jewellery*

*Terms and Conditions apply 

About ORRA: 

The journey of a million gazes began in 1888 before it metamorphosed into ORRA. From sculpting and manufacturing diamonds to crafting and retailing the finest diamond and gold jewellery, ORRA has come a long way since its inception. Today, ORRA is one of India's finest diamond jewellery retail chains, having spread its glow with 84 stores in 38 cities and has consistently been at the forefront of design, leadership and product innovation with 5 global design centres. 

Master craftsmen who have inherited the centuries - old legacy of jewellery making, brilliantly cut Belgian diamonds, delicate designs in diamond jewellery, elaborate bridal sets in coloured stones, the 73-facet patented ORRA Crown Star, the one-of-its-kind ORRA store. These are just some of the facets that go into making ORRA - The Finest Diamond Destination. 

For more information, visit – https://www.orra.co.in 

Akshayakalpa Organic And Innovative Chess Academy Hosts Grand Chess Tournament In Bengaluru

~ Akshayakalpa Organic and ICA collaborate for a grand chess tournament at Silicon City Academy Of Secondary Education, Bengaluru, underscoring their commitment to making chess accessible to diverse communities ~

~ With 700 participants, a 3-day tournament with 9 rounds, and a 5 Lakh rupees prize pool, the event serves as a gateway to the Chess National Tournament in Jaipur ~ 

~The event aims to boost chess growth in Bengaluru, fostering inclusivity for players of all backgrounds ~

Akshayakalpa Organic, a champion of organic farming and sustainability, collaborated with the Innovative Chess Academy (ICA) to present a spectacular chess tournament between January 26th to 28th, 2024. The highly anticipated event took place at the esteemed Silicon City Academy Of Secondary Education in Bengaluru, providing a dynamic platform for chess enthusiasts to showcase their strategic prowess.

This thrilling tournament, utilizing the Swiss method of play with 9 intense rounds, brought together more than 700 participants over three action-packed days. The collaboration between Akshayakalpa Organic and ICA underscores their shared commitment to fostering intellectual sports and promoting the growth of chess within the community.

Shashi Kumar, Co-founder and CEO of Akshayakalpa Organic brings a unique passion to the tournament as an active chess player himself. Shashi Kumar, who has been supporting the game for over a decade, expressed his excitement, saying, "Chess has been a source of inspiration and growth for me personally. As an avid player, I understand the mental acuity and strategic thinking it requires. This tournament is not just a competition; it's a celebration of the chess community's spirit, where players learn, compete, and evolve together."

Shashi Kumar emphasized the significance of the collaboration with ICA, stating, "Our partnership with Innovative Chess Academy is rooted in a shared vision of making chess accessible to all. We believe in the power of chess to instill critical thinking skills, enhance concentration, and foster a sense of community. By joining forces, Akshayakalpa and ICA aim to create an inclusive environment where individuals from all walks of life can engage with and enjoy the game of chess."

The tournament, held at the Silicon City Academy Of Secondary Education, not only featured intense competition but also provided a conducive environment for learning and camaraderie among participants. With a total prize pool of 5 Lakh rupees, this event was a landmark occasion for the chess community in Bengaluru.

In addition to the substantial cash prizes, participants had the golden opportunity to secure a coveted spot in the Chess National Tournament scheduled to take place in Jaipur.

This tournament not only serves as a showcase for the strategic brilliance of local chess enthusiasts but also as a stepping stone for players to advance to national-level competitions. Akshayakalpa Organic and Innovative Chess Academy is proud to contribute to the growth of chess in Bengaluru and beyond.

Tata Motors Registered Total Sales Of 86,125 Units In January 2024

Total PV Sales of 54,033 units, 12% YoY

Total CV Sales of 32,092 units, -2% YoY

Tata Motors Limited sales in the domestic & international market for January 2024 stood at 86,125 vehicles, compared to 81,069 units during January 2023.

Domestic sale of MH&ICV in January 2024, including trucks and buses, stood at 14,440 units, compared to 14,716 units in January 2023.

Total sales for MH&ICV Domestic & International Business in January 2024, including trucks and buses, stood at 14,972 units compared to 15,057 units in January 2023.

ELGi Unveils Upgraded Line Of Portable Screw Compressors At India StoneMart 2024

* The ELGi PG550-215 is precisely engineered to enhance performance, decrease drilling costs, and improve fuel efficiency in the construction and mining sectors.

Elgi Equipments (BSE: 522074 NSE: ELGIEQUIP), one of the world's leading air compressor manufacturers, today introduced the game-changing PG 550-215 trolley-mounted portable screw air compressor at the 12th edition of India Stonemart 2024 at the Jaipur Exhibition and Convention Centre (JECC), Rajasthan, India. Also displayed at the ELGi booth 6, in the outdoor machinery area B, were ELGi’s electric-powered PG110 E, PG 55 E, and PG 75 E portable air compressors for the mining industry. The 2024 edition of the International Stone Industry Trade Fair is expected to witness over 30,000 visitors and key decision-makers from the stone industry across the globe.

The newly introduced PG 550-215 is designed to deliver better performance, reliability, and profitability for customers in the construction and mining sectors. The compressor’s 3-stage air filtration system enables optimal performance while the integrated control panel ensures improved safety, reliability, and driller-friendly operations. The compressor’s Uptime design, which comprises large doors and a robust canopy, ensures easy maintenance, enhanced durability, and protection from extreme climatic conditions. In addition, ELGi's pan-India network of service centers and trained service technicians ensure seamless operations for every customer.

The PG 110 E, 55 E, and 75 E series of electric-powered compressors, also on display, have been extensively adopted in standard pressure applications throughout the marble, granite, and blue metal quarries, where electricity is accessible and emission-free processes are required.

ELGi is committed to delivering high-performance portable compressed air solutions to construction and mining industry customers. With superior customer support and over 63 years of experience in compressed air technology, ELGi is today present across 120+ countries, offering a complete range of compressed air solutions from oil-lubricated and oil-free rotary screw compressors, oil-lubricated and oil-free reciprocating compressors and centrifugal compressors to dryers, filters, and downstream accessories. With state-of-the-art manufacturing units and a product portfolio of 400+ compressed air systems, ELGi redefines reliability, efficiency, and cost-effectiveness across 2+ million installations worldwide.

BMW Group India Presents India Art Fair 2024 In New Delhi

* Special Installation titled ‘Symphony of Nature: The Harmonic Forest’ by Shashikant Thavudoz, winner of the third edition of ‘The Future is Born of Art’ Commission.

* BMW Art Talk – Through the Looking Glass by Anita Dube, Barthélémy Toguo and Jitish Kallat.

* #BMWIndia #BMWArtTalk #SheerDrivingPleasure #BMWi7 #IndiaArtFair #IAF15 #SouthAsianArt

BMW Group India is the presenting partner of the latest edition of India Art Fair from 1 – 4 February 2024 at the NSIC Exhibition Grounds in New Delhi. India Art Fair is the leading platform for showcasing modern and contemporary art in India and South Asia. The fair has brought hundreds of artists from the region to the world’s attention over its many successful editions. 

Mr. Vikram Pawah, President, BMW Group India said, “BMW Group India is deeply committed to nurturing corporate citizenship and fostering intercultural dialogue, integral to our societal responsibilities. We are proud partners for the fair, as it celebrates 15 incredible years of establishing itself as the leading platform for discovering modern and contemporary art in India and South Asia. As the 'Presenting Partner' of the India Art Fair, we have been instrumental in promoting the growth and visibility of modern Indian art and artists. This year, BMW India is excited to unveil the third installment of the 'Future is Born of Art' commission. We invite art and automobile enthusiasts alike to join us in exploring new realms of creative expression at the India Art Fair.”

BMW Group India has supported the evolution and exposure of modern contemporary Indian art and artists since 2012. Through this year’s collaboration, BMW India will exhibit the first-ever fully electric BMW i7 sedan as part of third ‘The Future is Born of Art’ commission and host the BMW Art Talk on the theme ‘Through the Looking Glass’.

The first-ever BMW i7 is a true all-electric luxury sedan that clearly demonstrates how an exclusive driving experience can be combined with an unwavering commitment to sustainability. The i7 offers all-electric innovation, visionary design, and powerful driving dynamics so that you can make a striking impression everywhere you go. Built for the luminaries with next-level style and substance, it is undeniably alluring from the inside out.

‘The Future is Born of Art’ commission is an initiative by BMW India and India Art Fair which aims to propel emerging Indian artists and boost BMW Group’s commitment to promote art, sustainability and innovation. BMW India will showcase its third commission based on the theme ‘Forwardism’.

Sashikanth Thavudoz is the winner of the third edition of ‘The Future is Born of Art’ commission, following Faiza Hasan and Devika Sundar, the winners of the 2022 and 2023 commissions, respectively. Selected by the advisory panel comprising of HRH Radhikaraje Gaekwad - a distinguished patron and conservationist, Jaya Asokan – director, India Art Fair, Veeranganakumari Solanki, curator and Sameer Kulavoor, contemporary artist.

For his installation at the India Art Fair, titled ‘Symphony of Nature: The Harmonic Forest’, Thavudoz has combined materials and mediums from his past experiences and projects, including illuminated lights and wood blocks, into a multi-sensory and immersive experience. In-line with the theme ‘Forwardism,’ the installation is more than a concept. It is an ongoing journey of the artist emphasizing responsible creativity amidst change. It combines natural and manufactured materials that aims to highlight the fragility of this balance that we must all consider as we go into the future.

BMW Art Talk on the theme of ‘Through the Looking Glass’ will be hosted on 2 February 2024 at the India Art Fair. Three ground-breaking contemporary artists, Anita Dube, Barthélémy Toguo and Jitish Kallat share the inspiring stories of their creative journeys in a candid conversation with Prof. Dr. Thomas Girst, Global Head, BMW Group Cultural Engagement.

Both Dube and Kallat have been leading the Kochi-Muziris Biennale as artistic directors in 2018, and 2014, respectively. BMW is a committed long-term partner of the biennial since its inception in 2012. 

About BMW’s Cultural Commitment

For over 50 years now, the BMW Group has initiated and been engaged in hundreds of cultural co-operations worldwide. The focus of its long-term commitment is set on modern and contemporary art, classical music, jazz and sound, as well as architecture and design.

Along with commissioning iconic BMW Art Cars and co-initiatives, such as BMW Tate Live, the BMW Art Journey and the ‘Opera for All’ concerts in Berlin, Munich, Moscow and London, the company also partners with leading museums and art fairs as well as orchestras and opera houses around the world. The BMW Group guarantees absolute creative freedom, as this is just as essential for groundbreaking artistic work as it is for major innovations in a successful business.

Since its inception, BMW India has participated in leading cultural engagements across the country. In 2007, two BMW Art Cars embellished by world renowned artists Andy Warhol and Roy Lichtenstein were presented at the Jehangir Art Gallery in Mumbai. BMW Art Car by Andy Warhol, Jeff Koons, Sandro Chia and Cesar Manrique have been exclusively showcased at various editions of the India Art Fair.

Since 2012, BMW has partnered with Kochi-Muziris Biennale, the contemporary art exhibition, which brings international artists to India and creates a global platform for Indian artists. In 2012-13, the innovative BMW Guggenheim Lab came to India. Based at Dr. Bhau Daji Lad Museum and conducted at six different venues in Mumbai, the lab organised six weeks of free programmes with diverse audiences and communities addressing the challenges and conditions of the urban city.

About India Art Fair

India Art Fair is the leading platform to discover Modern and Contemporary art from South Asia, offering a unique access point to the region’s thriving cultural scene.

Taking place annually in India’s capital, New Delhi, the fair reflects the city’s fast-developing local arts scene, while offering curated insights into the cultural landscapes of neighbouring countries. The fair’s programme - which draws together galleries and artists, private foundations and arts charities, artists’ collectives, national institutions, cultural events and festivals - enables international audiences to engage in innovative ways with the cultural history and development of the region.

The fair is committed to supporting arts education and professional development opportunities, recognising the crucial need to support the development of the local arts scene, and provide dedicated exhibition space to emerging galleries and arts organisations. The fair aims to run an extensive programme of events, including education initiatives, artist commissions and pop-up programmes, aiming to increase audiences for the arts within India.

India Art Fair is owned by Angus Montgomery Arts, a division of Angus Montgomery Ltd.

Photo Caption: (L-R) Mr. Vikram Pawah, President, BMW Group India, Ms. Jaya Asokan, Director, India Art Fair, Mr. Sashikanth Thavudoz, winner of the third edition of ‘The Future is Born of Art’ commission and Prof. Dr. Thomas Girst, Global Head of Cultural Engagement, BMW Group.

Toyota Kirloskar Motor Reaffirms Commitment To National Priorities And Atma Nirbhar Bharat Initiatives At The Bharat Mobility Global Expo 2024

Toyota Kirloskar Motor (TKM) has displayed its exciting range of advanced green technology product line-up, and its localization initiatives at the Bharat Mobility Global Expo 2024. The display at the pavilion is centred around the theme ‘Grow India - Grow with India’, underscoring the company’s commitment to   key national priorities of , ‘Atma Nirbhar Bharat’, ‘Energy Security’, and ‘Carbon Neutrality’ through ‘Multiple Pathway Approach’ for a brighter and sustainable future. 

In its glorious 25 years of operations in India, Toyota has established itself as the bedrock of sustainability and innovation in manufacturing meeting the mobility needs of  over 2.3 million consumers, thereby showing a strong commitment to the Indian market. On display at Toyota Kirloskar Motor’s pavilion are the full range of electrified vehicle technologies including Battery Electric Vehicle, Strong Hybrid Electric Vehicle, Fuel Cell Vehicle Flex Fuel vehicle - Strong Hybrid Electric Vehicle, all having common powertrain parts besides CNG, Emergency Response Vehicles. Following are the exciting exhibits.

Innova HyCross – Strong Hybrid Electric cut body showcasing common electric powertrain parts and the efforts made by TKM to make these in India. This embodies Toyota's commitment to cutting-edge, eco-friendly mobility solutions.

The Mirai - Fuel Cell Electric Vehicle which runs on Hydrogen demonstrates Toyota's commitment to the environment, utilizing hydrogen as an energy source, and setting the standard for next-generation, eco-conscious vehicles, promising a cleaner and greener world for future generations.

HyCross Electrified Flex Fuel Vehicle is the world’s first Prototype of BS 6 (Stage II) Electrified Flex Fuel Vehicle. This technology brings together the best of higher fuel efficiency of electrified powertrain and the higher substitution of gasoline by ethanol through the flex fuel engine thereby delivering the lowest carbon emission on a well to wheel basis for any technology.  It promises the potential of delivering a rapid, smooth energy transition away from fossil fuel consumption and boost the rural economy through ingenious green fuel.

Hyryder CNG is for those seeking eco-friendly and economical options demonstrating a varied range of sustainable mobility solutions catering to diverse customer needs providing an opportunity for customers to own a Toyota.

Hilux - Emergency Response Vehicles are specially modified to signify TKM’s commitment to providing disaster management solution (fire fighting, rescue, and medical aid) at the time of natural disaster  thereby supporting the evolving mobility needs across markets and verticals.

TNGA Engine and E-drive display the strong efforts made by Toyota’s group companies to localize critical parts showcasing the capability of Indian manufacturing to produce quality parts and build a global competitive eco-system.

Mr. Masakazu Yoshimura, MD and CEO, Toyota Kirloskar Motor and Regional CEO, Toyota Motor Corporation said, “We are delighted to participate in the Bharat Global Mobility Global Expo 2024, as it provides an excellent opportunity to showcase our cutting-edge green vehicles technologies, reinforces our commitment for the Indian market and demonstrating our alignment with critical national priorities such as 'Atma Nirbhar Bharat’, ‘Energy security’ and ‘Carbon Neutrality.

Over the last 25 years, Toyota has been continuously working to develop a world-class local ecosystem that promotes green mobility solutions and growing our business in line with making India a global hub for manufacturing. Furthermore, Toyota has been spearheading the skilling efforts for students from economically challenged backgrounds, enabling the creation of world-class skilled manpower thus making a difference to the communities around us and contributing to ‘Skill India’. As of now, Toyota Technical Training Institute has trained  over 1,000 students from Karnataka and through Toyota Technical Education Program over 12,000 students have been trained from 64 Institutes across 26 states of India. Going forward through rapid advancement in green technological offerings we are paving the way for making ‘Ever Better Cars’  bringing ‘Mass Happiness to All’ and ‘Leaving No One Behind’ and significantly contributing to the growth of society and the nation.”

Mr. Tadashi Asazuma, Deputy Managing Director – Sales-Service-Used Car, Toyota Kirloskar Motor & Lexus said, “At Toyota Kirloskar Motor, our participation in the Bharat Mobility Global Expo 2024 goes beyond showcasing vehicles; it's a testament to our commitment to a sustainable and customer-centric future for India. Under the theme 'Grow India - Grow with India,' our display highlights the company’s 25-year legacy of meeting the diverse mobility needs of the country and our strong dedication to Localisation, Energy Security, and Carbon Neutrality of India for a sustainable future.

Our wide range of exhibits at the pavilion reflects our unwavering commitment to provide eco-friendly solutions that resonate with our customers and building lasting relationships. ”

India, a rapidly growing economy, faces a pressing issue of escalating fossil fuel consumption, therefore urgently transitioning away from fossil fuels is crucial for this, utilizing indigenous energy sources is crucial such as renewable energy, bio energy and hydrogen generated from renewable energy and indigenous ethanol are going to be critical. Committed to India's national goals and being a frontrunner in electrified vehicle technology, Toyota is actively pursuing technologies aligned with the country's energy landscape and its ‘Multiple Pathway Approach’ has significantly reduced fossil fuel consumption and achieving low carbon emissions on a holistic Well-to-Wheel (W2W) basis in its journey to achieve carbon neutrality.

We welcome you all to join us at the Toyota stall to explore our complete product line with advanced green technologies, crafted to meet the diverse mobility needs of the Indian market while embracing a greener tomorrow.

Emirates Launches Luxurious Business Class Loungewear For Business Class Customers

From February 1 onwards, Emirates is launching an innovatively designed, complimentary inflight loungewear set for Business Class customers including a relaxed cowl neck top and drawstring pants, comfortable slippers, and a matching eye mask. The luxurious loungewear is designed to be the ideal ‘flight fit’ - perfect for sleeping in, but also suitable to wear for a social drink at the A380 onboard lounge, or as a casual outfit that takes you from aircraft to arrivals in style.

Emirates’ Business Class Loungewear is composed of a super soft premium modal material, which customers find lightweight and breathable. Designed to reflect contemporary athleisure trends, the cozy fabric is in a relaxing shade of light blue, available in two sizes. The botanic fibres and jersey knit style means the loungewear has an elegant drape that flatters various body types, ensuring soft and stretchy comfort above the clouds. Presented in a complementary drawstring pouch, each set contains an adjustable loungewear top and pants, a pair of warm slippers and an eye mask.

Emirates Business Class customers will be offered the loungewear set upon boarding so they can change at their leisure and maximise comfort for the full duration of the flight. On flights of 9 hours or more, Business Class customers will receive the full set with loungewear top and pants, slippers and eye mask, while on flights that have a duration of 2 hours and 30 minutes, customers will receive complimentary slippers and eye mask sets.

The launch of Business Class Loungewear forms part of Emirates’ ongoing investment into elevating customer experience, ensuring customers in all classes ‘fly better’. Recent investments have included a huge retrofit project of 120 aircraft with upgraded cabin interiors, creative new menus and new high-quality ingredients, exclusive champagne partnerships, a new hospitality programme for Emirates cabin crew, live TV onboard amidst a vast library of inflight entertainment, complimentary Wi-Fi attainable for all customers, luxurious amenity kits and a world-class wine list. The multimillion dollar investment into Business Class loungewear has been in development for more than a year, designed in-house by the Emirates team to be best-in-class for comfort, style and reusability. During the trial period on routes to and from New York and Boston, customers shared highly positive feedback on the loungewear, with sets being taken home by customers to be worn again.

South African Tourism Kickstarts Its Annual Multi-City Roadshow 2024; Debuts In Jaipur & Returns To Key Indian Cities

~Unveils novel strategies to boost inbound tourism from India; empowers trade partners with critical market insights~

Aligning with the strategic roadmap for the Indian market, South African Tourism is delighted to announce the 2024 edition of its annual India roadshow. Serving as an essential tool in promoting travel and tourism for the Rainbow Nation, the roadshow for the first time ever will enter the pink city of Jaipur. Scheduled from 12th - 16th February 2024, the event will further move to other significant Indian cities, namely – Delhi, Ahmedabad, Bengaluru, and Mumbai in the respective order.

The 20th annual roadshow schedule marks a vital milestone in South African Tourism’s efforts in the Indian market. It will witness the unveiling of the tourism board’s year-long plan to engage with Indian consumers. The novel insights leading to redefined approach will enable the trade partners to tap into India’s growing outbound travel market. Commencing in Jaipur the inaugural roadshow will be complemented by a panel discussion on 11th February 2024 and a gala for more than 150 key delegates and trade partners bringing on ground the sights, sounds, culture, and cuisine of South Africa.

India is currently one of the top three focus markets for South African Tourism across the globe and holds a position of strategic importance. Led by Ms. Neliswa Nkani – Hub Head – Middle East, India and Southeast Asia, South African Tourism the roadshow remains an integral tool in attracting ‘more & more’ consumers to the Rainbow Nation. For years, India has been one of the largest source markets to many destinations across the globe. Owing to the recent uptick in its appetite for outbound tourism, the country is impossible to overlook for any tourism board.

Commenting on the occasion Neliswa Nkani, Hub Head – Middle East, India and South East Asia, South African Tourism said “In 2023, we experienced another year marked by substantial growth in arrivals from the Indian market. Indicative of our successful strategy, the increase in inbound tourism to South Africa is a testament to our initiatives undertaken in the preceding year. Through meticulously curated campaigns, we showcased the hidden beauty of South Africa leading us to achieving an impressive recovery of 82% of the pre-pandemic level arrivals from India to South Africa.”

She continues “The overwhelming response not only underscores our commitment to the Indian market but also inches us closer towards our targets of surpassing pre-pandemic arrival figures. Eager to continue building on the robust traveller momentum witnessed so far, our 2024 roadshow promises to provide trade partners with novel and valuable insights. We are confident that our efforts will assist our Indian counterparts in redefining their approach and equip themselves with all necessary tools.”

Paving way for mutually beneficial partnerships with Indian trade buyers, the convention will host more than 40 prominent exhibitors from the Rainbow Nation out of which 14 are SMMEs. It is also key to note that this year over 40% are new products. Each year, Indian and South African trade partners come together during the annual trade schedule and chart the way forward for next phase of growth. Reputed companies such as Ethiopian Airlines, The Westin Hotels – Cape Town, SA Forest Adventures, and government authorities such as JoBurg Tourism, WesGro and more will showcase their latest offerings, promoting comforting stays, thrilling adventures, and unforgettable experiences.

In 2023, South African Tourism made a giant leap forward and inched closer to its target of surpassing pre-pandemic arrivals from India. It is worth noting that Indian travellers are the largest consumer of adventure in the Rainbow Nation. Besides, the country is also home to the largest population of Indian diaspora outside India. As the ongoing conversations for improved accessibility through e-visa pilot program and direct air-connectivity make headway, the bond between the two nations will only flourish further. At present, several stop-over flights fly from India to South Africa, including Emirates, Qatar Airways, Ethiopian Airlines, Kenya Airways and Air Seychelles.

Yamaha Powers Into Inaugural Bharat Mobility Expo With Exciting Product Range And Interactive Pavilion

Grand showcase featuring Yamaha’s diverse portfolio including the iconic models from R World & MT series family

FZ-X unveiled in the all-new Chrome & Metallic Black Colors at the Yamaha Pavilion

An array of engaging and interactive activations on offer for Yamaha enthusiasts

India Yamaha Motor (IYM) Pvt Ltd announced its participation in the inaugural edition of Bharat Mobility, the first-of-its-kind global mobility show hosted in India. It is a pioneering event that unites the entire mobility value chain in a single venue. More than just an exhibition, it serves as a preview for the future of mobility.

The Yamaha Pavilion, spanning 400 sq meter, promises to captivate visitors with an exclusive display of its exciting motorcycle & scooter range, attractive apparels, & accessories and innovative technology, at this groundbreaking event, showcasing its commitment to innovation and passion for two-wheeled freedom. Yamaha stands at the forefront of developing products that incorporate advanced technologies, revolutionizing modern motorcycling. At the heart of Yamaha's commitment lies a dedication to pushing the boundaries of mobility, bringing forth solutions that align with the evolving needs of today's dynamic and young generation.

Embracing #TheCallOfTheBlue at Bharat Mobility

To meet the aspirations of young customers in India, Yamaha is wholeheartedly embracing the #TheCallOfTheBlue at the Bharat Mobility Show. The concept of this exclusive brand campaign revolves around cultivating the spirit of racing and offering enriching experiences to Yamaha fans through Exciting, Stylish & Sporty product range and excellent services. With a strategic focus on the premium segment space, Yamaha's offerings not only embody cutting-edge technology and design excellence but also resonate with the dynamic lifestyle choices of the youth. ‘The Call of the Blue’ goes beyond being a mere product showcase; it becomes a symbol of excitement and innovation. Through this initiative, Yamaha not only introduces superior mobility solutions but also creates engaging experiences, reflecting the brand's dedication to shaping the future of mobility in India.

The strategically designed Yamaha Pavilion is a testament to the brand's commitment to innovation and excellence. The heart of the exhibit will pulsate with the adrenaline of its diverse portfolio.

The R-World Legacy

The Pavilion stands out with its impressive display of exciting models from the R-World. From showcasing the R15 V4 series (155cc) in four dynamic colors: Racing Blue, Intensity White, Dark Knight, and Metallic Red, the R-World is all set to impress the biking enthusiasts with the display of iconic models in the R-Series family including the R1 (1000cc), R7 (700cc), R3 (321cc), and R15M (155cc) models. R-World embodies high-performance sportbikes, delivering cutting-edge engineering and track-worthy thrills. Each machine is a testament to Yamaha's engineering excellence, offering unparalleled performance, handling, and design.

AEROX Adrenaline

Another major attraction of Yamaha Pavilion is the display of the India’s renowned Maxi-Sports scooter, AEROX 155cc in three attractive colors: Racing Blue, Metallic Black, and Grey Vermillion. This scooter redefines urban mobility with its sporty design, advanced features, and efficient performance, making it a perfect choice for city dwellers seeking style and substance in their daily commute. The AEROX 155cc is a sporty scooter that packs a punch with its 155cc Liquid cooled engine and advanced features like TCS, VVA, Smart Motor Generator System (SMG) and Automatic Stop Start System, ensuring a smooth and efficient ride.

The MT Series Pedigree

The center stage of the Pavilion provides a glimpse into the Dark Side of Japan and in the exciting world of MT-series family, showcasing the versatile MT-07 (700cc), MT-03 (300cc), and MT-15 (155cc). MT-World focuses on offering dynamic, torque-driven motorcycles, designed for urban agility and a muscular aesthetic. These models define distinct motorcycling realms for diverse enthusiasts.

Streetfighter FZ

From the FZ-Series family, the popular street fighter, FZS FI V4 Deluxe (149cc) is displayed in the Ice Fluo-Vermillion and Sparkle Green colours, showcasing power with sophistication and magnificent shades. Along with it, the Matte Titan variant of FZ-X (149cc) exudes a rugged charm with its robust design and touring capabilities. Also, FZ -X has been introduced in the all-new Chrome & Metallic Black colors, adding a touch of elegance to the entire FZ-X lineup. The FZ series boasts advanced features, including a high-performance engine, state-of-the-art suspension, and cutting-edge safety technologies, ensuring an exhilarating riding experience.

Scooter Symphony

Yamaha urges visitors to take a spin through the world of Yamaha scooters with the RAY ZR 125 Hybrid and Fascino 125 FI Hybrid, renowned for their agility and style. The company showcases its commitment to ease urban mobility with these models highlighting key features like 125cc Fi Hybrid Power Assist Engine, Automatic Stop & Start system, Smart Motor Generator (SMG), Y-connect application, and available in unique and vibrant colors. With a distinct emphasis on cutting-edge hybrid technology, these scooters are engineered for efficiency and seamless urban rides. These scooters seamlessly blend electric and conventional power, providing an eco-friendly and economical ride. The scooter display area takes it a step further by featuring a complete 125cc scooter engine, accompanied by an LED screen highlighting the key features such as Hybrid technology, SMG, Stop Start System, Y-connect app, and more. Yamaha invites visitors to delve into the intricate details of their scooter lineup, including the innovative TCS.

Global Grandeur

Revered across continents, Yamaha N-Max (155cc) and Grand Filano (125cc) are two iconic models that showcase Yamaha's commitment to delivering excellence on a global scale. The resounding fame of both these vehicles is a testament to their exceptional features and performance. From the Grand Filano's sleek design to the N-Max's powerful performance, these scooters embody Yamaha's pursuit of perfection. Their acclaim worldwide attests to Yamaha's prowess in crafting outstanding two-wheelers that captivate riders on a global stage.

Beyond Two-Wheelers

The Yamaha Pavilion goes beyond the thrill of bikes and scooters. Yamaha caters to every rider's passion by helping them gear up in style with the Yamaha-branded apparel and accessories section, featuring jackets, T-shirts, helmets, and gloves. Additionally, the pavilion features an exciting gaming zone for enthusiasts to indulge their passion for virtual adventures. Furthermore, Yamaha has curated a selfie zone that provides the perfect backdrop for visitors to capture memories with the R15V4 Monster Energy Edition. Also, the exclusive Monster Energy stall in the Pavilion is all set to add further excitement and provide an incredible experience to all Yamaha fans.

Commenting on the participation, Mr. Eishin Chihana, Chairman, Yamaha Motor India Group of Companies, said, “We are thrilled to be a part of this landmark event and showcase the best of Yamaha to the Indian audience. With unparalleled performance, sleek design, and innovative technology, our bikes and scooters are built to fuel the passion of every rider. We remain steadfast in our commitment to the Indian market, actively contributing to shaping the future of this dynamic and evolving landscape. We would like to congratulate Bharat Mobility Expo for establishing this pivotal platform that fosters collaboration among OEMs, with a shared vision of cultivating a sustainable mobility ecosystem in harmony with the environment.”

About Yamaha Motor India Group of Companies

Yamaha Motor made its initial foray into India in 1985 as a joint venture. In August 2001, it became a 100% subsidiary of Yamaha Motor Co., Ltd, Japan (YMC). In 2008, Mitsui & Co., Ltd. entered into an agreement with YMC to become a joint investor in India Yamaha Motor Private Limited (IYM). IYM's manufacturing facilities comprise State-of-the-art plants at Surajpur (Uttar Pradesh) and Kanchipuram (Tamil Nadu). The infrastructure at these plants supports the production of motorcycles and parts for the domestic as well as overseas markets. YMC has established its subsidiaries - Yamaha Motor Research and Development India Pvt Ltd. (YMRI), Yamaha Motor India Sales Pvt Ltd. (YMIS) and Yamaha Motor India Pvt Ltd. (YMI) in India to independently support IYM in the development, sales & marketing of its products and overall business planning & regional control respectively.

Presently, its product portfolio includes YZF-R3 (321cc), MT-03 (321cc), YZF-R15 V4 (155cc), YZF-R15S V3 (155cc),  MT-15 V2 (155cc); FZS-Fi Version 4.0 (149cc), FZS-Fi Version 3.0 (149cc), FZ-Fi Version 3.0 (149cc), FZ-X (149cc), AEROX (155cc) and scooters like Fascino 125 FI Hybrid (125cc), Ray ZR 125 FI Hybrid (125cc), Ray ZR Street Rally 125 FI Hybrid (125cc).