Godrej Consumer Products Launches ProClean, Forays into Home Cleaning Products Category

Godrej Consumer Products Limited (GCPL), a leading emerging markets company, forayed into the home cleaning products segment by launching Godrej ProClean, a brand that provides surface cleaning and disinfecting solutions. The brand offers three products including ProClean Toilet Cleaner, ProClean Bathroom Cleaner and ProClean Floor Cleaner. ProClean aims to cater to the rising demand for home hygiene products especially in the current context where there is emphasis on products that offer protection against germs. The brand’s USP is its ‘best quality at best price’ offering.

The market size of home cleaning products (branded floor, toilet and bathroom cleaners segment) is pegged at INR 2600 crore, as per AC Nielsen. Due to increased awareness about cleanliness and hygiene, consumers are opting for products that will enable them to keep their homes clean and germ-free. This is likely to fuel further growth of home cleaning products category in the coming days. Consumer preferences have also shaped the demand for durable, new-age products as against the traditionally used cleaners like phenyl.

Commenting on GCPL’s foray into home cleaning products category with Godrej ProClean, Sunil Kataria, Chief Executive Officer - India & SAARC, Godrej Consumer Products Limited (GCPL), said, “Indian consumers are becoming more hygiene conscious. Demand for cleaning products continues to grow due to consumer alertness concerning the importance of hygiene and the spread of infectious diseases. Our main objective to launch Godrej ProClean, is to create a home cleaning brand that evokes trust, ensuring best quality at the best price.”

He further added, “ProClean is a one-stop home cleaning, hygienic solution for everyday use. It offers 99.99% germ kill while ensuring value for money pricing in branded segments through its consumer offers. At GCPL, we are committed to creating delight for our consumers by prioritizing hygiene, safety and germ protection, and our new launch is another step towards reinforcing this commitment.”

Godrej ProClean provides consumers with one-stop home cleaning, hygienic solutions for everyday use. The three ProClean products come with the proposition to kill 99.99% germs. The toilet and bathroom cleaner come with the proposition of removal of toughest stains and floor cleaner comes with the promise of long lasting fragrance (available in 2 variants).

Godrej ProClean Floor Cleaner is available in two fragrance options of lavender and citrus. Godrej ProClean Toilet cleaner is available at INR 86/- for 500 ml and INR 168 for 1 ltr. Godrej ProClean Bathroom cleaner is available for INR 91 for 500 ml and INR 172/- for 1 ltr and Godrej Proclean Floor cleaner is priced at INR 93 for 500 ml and INR 179/- per litre.

However, the entire range is available to consumers at aggressive consumer offers of Buy 2 Get 1 free on all 500 ml packs and 500 ml free with all 1 ltr packs. Godrej ProClean is available across general and modern trade along with e-commerce platforms.

About Godrej Consumer Products Ltd:

Godrej Consumer Products is a leading emerging markets company. As part of the 123-year young Godrej Group, we are fortunate to have a proud legacy built on the strong values of trust, integrity and respect for others. At the same time, we are growing fast and have exciting, ambitious aspirations.

Today, our Group enjoys the patronage of 1.15 billion consumers globally, across different businesses. In line with our 3 by 3 approach to international expansion at Godrej Consumer Products, we are building a presence in 3 emerging markets (Asia, Africa, Latin America) across 3 categories (home care, personal wash, hair care). 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 per cent of the promoter holding in our 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 create a more inclusive and greener India.

At the heart of all of this, 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.

DGT-MSDE Announces Result of 110th All India Trade Test for Apprentices

* Close to 96000 candidates appeared for 110th AITT for apprentices conducted in September 2020

* Km. Sneha, IHMCT, Panipat-Haryana tops the evaluation scoring 95.96% in the National Apprenticeship Certificate (NAC)

* Kalyan Rana, Texmaco Rail & Engineering Ltd, West Bengal and Thiruselvam M, BHEL-Pudukottai-Tamil Nadu rank 2nd and 3rd respectively

The Directorate General of Training (DGT) operating under the aegis of the Ministry of Skill Development & Entrepreneurship (MSDE) has announced the result of the 110th All India Trade Test (AITT) for apprentices. The examination was conducted in September 2020 that engaged close to 7,300 industries in over 200 trades. Nearly 96,000 candidates appeared for AITT out of which over 50,000 candidates passed the exam. The overall percentages of girls and boys who passed are 58.41% and 51.44% respectively, which stands testimony to increasing female participation in apprenticeship. Km. Sneha, IHMCT, Panipat-Haryana topped the evaluation scoring 95.96% in the National Apprenticeship Certificate (NAC). Kalyan Rana, Texmaco Rail & Engineering Ltd, West Bengal and Thiruselvam M, BHEL-Pudukottai-Tamil Nadu ranked 2nd and 3rd in the examination respectively. 

After completion of apprenticeship training, an evaluation through All India Trade Test (AITT) for National Apprenticeship Certificate (NAC) is conducted twice in a year. AITT is a skill-oriented evaluation done by DGT and the industry, and it requires continuous practice, dedication, devotion, and hardwork to succeed. DGT-MSDE certifies apprenticeship training in association with establishments and industry to make youth across the country employable by providing them relevant industry exposure. This training is under the Apprentices Act, 1961 and supported through National Apprenticeship Promotion Scheme (NAPS). The training is as per the course curriculum designed by the DGT in the designated trades, that provides an apprentice the opportunity to receive on-the-job training by key players in the industry and get stipend.

Congratulating the successful candidates, Dr. Mahendra Nath Pandey, Hon’ble Union Minister of Skill Development and Entrepreneurship, said, “Over the years, DGT-MSDE has undertaken several measures to increase the number of apprentices hired by enterprises across the country. We have brought significant reforms to the apprenticeship rules in 2019 to drive greater participation in the programme. National Apprenticeship Certificate (NAC) plays an integral role in our relentless efforts to strengthen the Indian apprenticeship ecosystem in order to rightly skill the youth and provide them opportunities for sustainable livelihood. My heartiest congratulations to all the successful candidates and I wish them the very best for their future. I am certain that these bright, dynamic and talented young professionals will make a mark in their respective industries and hugely contribute in fulfulling our Hon’ble Prime Minister’s vision of ‘Aatmanirbhar Bharat’.

Apprenticeship has been recognized as an effective way to empower young people to smoothly shift from school and college to work whilst at the same time improving links between industry and training institutions. The National Apprenticeship Programme plays a large part in the task of up-skilling India’s workforce, offering the opportunity to share costs among different parties (employers, individuals and the government) and to involve governments, employers and workers in partnership. Apprenticeship is a win-win situation both for industry and youth in coming together to help make the vision of ‘Skilled India’ a reality in future.

Sharing her thoughts in this regard, Ms. Neelam Shammi Rao, Director General (Training), DGT said, “Our mission is to fill the gap in supply and demand for skilled workforce and meet the aspirations of the Indian youth through gaining on-the-job training and securing better opportunities for employment. We realized that apprenticeship training needed to be accorded as high priority to create an industry-led, practice-oriented, effective and efficient mode of formal training. With a ‘new normal’ in place, as market dynamics are rapidly evolving, enhanced focus on apprenticeship becomes all the more important for the future of jobs. Recognized for employment both nationally and internationally, NAC helps us ensure that our initiatives align with national as well global industry standards and requirements.”

The list of the toppers and results can be seen by the candidates on the DGT website -  http://apprenticeship.gov.in

Godrej Strengthens Vaccine Cold Chain to Help India be Covid-19 Vaccine Ready

* Delivering storage units offering optimal temperature needed for the Covid 19 Vaccines being evaluated for India

* The brand ramps up medical refrigerator production capacity by 250% to meet the demand.

* Received multiple orders valued close to INR 150 Cr exclusively for Covid-19 vaccine storage purpose

The pandemic has disrupted businesses and the lives of people around the world. As the world is eagerly awaiting the vaccine to be released to the masses, India - the world's second worst-hit country with over 10 million cases -- is gearing up for a huge Covid-19 vaccination drive in the coming months. Government of India along with State governments and PSU’s, is preparing to deploy vaccines to the masses by getting the vaccines as well as the critical cold chain infrastructure to support the drive, ready.

As the country prepares for what may be one of the most significant immunization drives in history, Godrej Appliances, leading player in Indian home appliances, is getting ready for providing end-to-end solution for the Covid-19 Vaccine Cold Chain.

Like most vaccines, Covid 19 Vaccines also are extremely temperature sensitive. Undercooling and over cooling both affect vaccine potency and lead to vaccine wastage. This has a direct implication on both citizen health and the cost over runs of the vaccination program. Given the huge economic implication of the vaccination drive, any wastage or inefficiency in the vaccination process due to logistical issues related to cold chain must be avoided.

To cater to the urgent demand for Covid-19 vaccine storage in India, the brand has a range of vaccine refrigerators which operate in the precise temperature band of 2-8°C and now, also offers advanced medical freezers with cooling upto -20°C.  These temperature ranges are completely suited for the multiple Covid 19 Vaccines being evaluated by India. 4 of the 5 front runners amongst the vaccine variants being evaluated for India need to be stored at 2-8°C (as reported in public domain so far), while the diluents and freezing ice packs required for outreach programs, must be stored at -20°C.

Powered by patented Sure Chill Technology, Godrej Medical Refrigerators help maintain the optimum temperature range of 2 to 8°C - a necessity for vaccine preservation, despite intermittent power outages. In the event of power outages, this refrigerator retains its temperature for as long as 8-12 days even at ambient temperatures of 43°C. In regions without electricity supply, the equipment can be teamed with solar power to deliver the same result. On the other hand, Godrej Deep Freezers with D-cool Technology use D-shaped Copper Refrigerating Tubes to deliver quick and uniform cooling. It also has Penta Cool Technology for 5-side cooling to deliver high refrigeration efficiency. These technologies help in providing precision cooling at -20°C and a holdover time of 3 – 4 hours. Given the nature of deployment, the precision cooling and hold over time are both critical requirements. Thanks to the years of building robust appliances for tough conditions, our medical refrigerators operate at a low start up voltage of even 130 V - an added benefit making it extra suited for deployments all over the country. Godrej Medical refrigerators are made in India and use eco-friendly (CFC, HFC and HCFC free) R600A and world’s greenest R290 refrigerant which also deliver maximum energy-efficiency, in line with Godrej’s cherished value of environment.

The brand has received multiple orders valued close to INR 150 Cr from the central government, various state governments and International aid bodies as well, solely for the purpose of Covid-19 vaccine storage. It is also receiving enquiries now from PSUs who are joining the immunization effort. Godrej Appliances has already ramped up medical refrigerator production capacity from 10,000 units per annum to 35,000 units per annum, to meet the growing demand.

Godrej & Boyce has been committed to serving the country especially in the trying pandemic times, through its efforts across its offerings – be it through medical components - Hospital Bed Actuators and  Electro-magnetic valves for ventilators, or through disinfectant devices aimed at keeping the population safer at home, or setting up socially distant offices to keep people safe at work; and is proud to serve the country with Made in India medical refrigerators and freezers, at a time when they are most needed.

Commenting on these developments, Mr. Kamal Nandi, Business Head and Executive Vice President, Godrej Appliances said, “Over the years, Godrej Appliances has gained its expertise in refrigeration and has extended this further into the medical refrigeration domain. We are proud that this expertise is proving to be useful today in times when the country needs a strong vaccine cold chain and are glad to be able to contribute to the cause. Our medical refrigerators and also our medical freezers, deliver the precise cooling temperature of 2°C - 8°C and -20°C respectively, needed for the vaccines being evaluated by India at the moment. We are partnering with various stakeholders in strengthening the healthcare cold chain and aiming to solve other potential vaccine roll out challenges as well, to make India Covid-19 vaccine ready.”

Mr. Jaishankar Natarajan, Associate Vice President and Head - New Business Development, Godrej Appliances further added “The Covid-19 vaccines being rolled out in India are temperature sensitive and require storage at a specific temperature band to stay potent. Our medical refrigerators are designed to deliver such precision cooling despite power cuts, and have qualified tough international WHO PQS certification standards. Our 62 years of existence in the cooling industry coupled with extensive service network in the country positions us to deliver quick and reliable service to this critical healthcare challenge. Currently, to meet the increasing demand, we have enhanced our production capacity of these specialized products by 250 percent. Together with the government and health workers, we are committed to provide last mile immunization for Covid-19 vaccine distribution, to safeguard millions of lives.”

About Godrej Appliances

Godrej Appliances, a business unit of the highly diversified Godrej & Boyce Mfg. Co. Ltd. is one of the leading Home Appliances players in India. Godrej was the first Indian Company in 1958 to manufacture Refrigerators and has since then, expanded its portfolio across many other categories like Washing Machines, Air Conditioners, Microwave Ovens, futuristic Thermo-electric cooling solutions, Air Coolers, Deep Freezers, highly specialized Medical Refrigerators and more recently, UVC Technology-Based Disinfecting devices and Dishwashers, all powered by the driving philosophy of 'Things made thoughtfully’/ ‘Soch Ke Banaya Hai’. 

This thought extends from human-centric design to planet centric design. Environment is a core value at Godrej Appliances. Both manufacturing units of Godrej Appliances’ - in Maharashtra and Punjab, became the first in the country to win the coveted Platinum Plus Green Co certification for its pioneering green manufacturing practices. 

The brand takes pride in not just its carefully designed products and environment-friendly technologies, but also best in class after-sales service delivered through over 680 service centers and more than 4500 SmartBuddy service experts spread all over the country.

3i Infotech Announces Sale of its Software Products Business to Funds Advised by Apax Partners

3i Infotech Limited, a global information technology company, today announced that it has entered into definitive agreements to sell its Software Products business to funds advised by Apax Partners, for a total consideration of INR 10 billion. The Software Products business will be acquired by a newly formed company named Azentio Software, wholly owned by the Apax Funds. The transaction, subject to shareholder approval and relevant regulatory approvals, is expected to close in early 2021. 
Since its incorporation in 1993, 3i Infotech has been providing a range of IT services and software products to 1,200+ customers across multiple industry verticals in over 50 countries. The company operates through two business segments: 

Services and Software Products. The Services segment, under the brand Altiray®, provides consulting services, business optimization services and an extensive expertise in mobility, data analytics, big data, testing and application development. The Software Products business comprises a comprehensive set of core software products for customers in banking, financial services and insurance (“BFSI”) verticals and includes key products such as Kastle™ (universal banking platform), AMLOCK™ (financial crime detection and compliance software suite), Premia™ Astra (core insurance software), MFund™ Plus (asset management platform) and Orion™ (enterprise resource planning software). 

 Following the transaction, 3i Infotech will continue to pursue strategic growth initiatives in the             IT services business,  supported by a stronger balance sheet. The transaction will revitalise                     growth and accelerate value creation for all stakeholders of 3i Infotech, including customers,                 employees and shareholders. The newly formed Azentio Software will be supported by Apax                 Funds, with increased investments in R&D and sales and marketing. Azentio Software will focus          on investing in its current product portfolio, launching new products and providing best in class            service levels to all customers. The Apax Funds will also use Azentio as a platform to do M&A              across the BFSI software space in the region. 

Padmanabhan Iyer, Managing Director & Global CEO, 3i Infotech, said: “Today’s announcement is transformative and value accretive for all stakeholders of 3i Infotech. I foresee a very exciting future for both the IT services and the software products business. Both businesses will have the resources to capitalise on market opportunities and build long term value for employees, customers and shareholders. I want to thank the entire 3i Infotech team for their commitment and contribution towards the successful journey of the company and I am sure that the teams will be infused with renewed vigour going forward.” 

 

Shashank Singh, Partner and Head of the India office at Apax Partners, commented: “Increasing technology spend on core software systems across the BFSI industry and ERP space is driving rapid growth in the enterprise software market in the region. The newly formed company, Azentio, has a strong portfolio of feature rich products that run the core operations for customers. We are excited to unlock Azentio’s potential and help transform the business into a true regional leader in the software space.”

 

Umang Kajaria, Partner at Apax Partners, added: “ERP, core Banking and Insurance software are key areas of focus for the Apax Funds, with numerous successful investments to date. Azentio provides critical, vertical-specific software that allows its customers to stay competitive. We look forward to partnering with the Azentio management team in driving continued innovation and creating a software leader for the MEA and APAC regions.” 

 
About Apax Partners LLP  
Apax Partners is a leading global private equity advisory firm. Over its more than 40-year history, Apax Partners has raised and advised funds with aggregate commitments of approximately $50 billion. The Apax Funds invest in companies across four global sectors of Tech & Telco, Services, Healthcare and Consumer. These funds provide long-term equity financing to build and strengthen world-class companies. The Apax Funds have a strong track record in the software sector having previously invested in companies such as Duck Creek, MyCase, Eci and Lexitas. For more information see: 

www.apax.com.   

 
About Azentio  
Azentio Software, a newly formed company in 2020 that has been carved out of 3i Infotech, a global information technology  company in 2020. Azentio Software provides critical, vertical-specific software products for customers in banking, financial services and insurance verticals and includes key products such as Kastle™ (universal banking platform), AMLOCK (compliance software suite), Premia™ Astra (core insurance software), Orion™ (enterprise resource planning software) and MFund™ Plus (asset management platform).  

About 3i Infotech  

Headquartered in Mumbai, India, since its inception in 1993, the Company has been committed to driving business value across all industry verticals. The Company has over 5500 employees in 32 offices across 12 countries and over 1200+ customers in more than 50 countries across 4 continents. With a comprehensive set of IP based software solutions and a wide range of IT services, 3i Infotech has successfully transformed business operations of customers globally. The company has a very strong foothold and customer base in geographies like North America, India, Asia Pacific, Middle East and Africa, South Asia and Europe. 

Tesla to Start Selling Cars in India in Early 2021; Likely to Setup R&D Centre in Bangalore

* Union minister Nitin Gadkari has confirmed that Tesla will start selling operations in India next year. The company may also set up a manufacturing plant in India if it gets a good response.

US Based Billionaire Elon Musk’s clean energy and electric vehicle company Tesla will start operations in India early next year, confirmed Union Minister for Road Transport and Highways Nitin Gadkari.

Tesla is initially expected to sell its vehicles in India, and it would also look at setting up a manufacturing facility at a later stage depending on demand, Gadkari told the media.

Gadkari has already held a few rounds of talks with top Tesla executives. Some states have also held meetings with the electric car company for sales of its vehicles in India.

At a recent media event, Gadkari said there is focus on developing electric cars and added that a lot of Indian firms are also looking at developing electric cars.

US electric vehicle maker Tesla is in talks with the Karnataka government to set up a Research & Development (R&D) centre as well as their manufacturing bases in the state, said Karnataka Deputy Chief Minister CN Ashwath Narayan during curtain  raiser meet for the 23rd edition of Bangalore Tech Summit.

On Sunday, Musk said Tesla plans to enter the India market in 2021, but not in January. This, however, is not the first time Musk said that Tesla is entering the Indian market. In October, too, the billionaire CEO of Tesla suggested that the company will start India operations “next year for sure".

The report indicated that Tesla would open pre-bookings for its Model 3 vehicle and the deliveries would be made by June. It is unlikely that the company will stitch partnerships with dealerships to sell its car.

Potential customers should note that even though the Model 3 is one of Tesla’s more affordable cars, it will not be cheap in India as they will arrive as completely built units (CBU) with a high import duty charge. While there is no confirmation on the pricing, reports suggest that one Tesla Model 3 will cost Rs 55 lakh in India.

Indira IVF’s Successful Clinical Outcome Rate is a Result of its Cutting-Edge ART Technology in India

* India’s biggest fertility chain incorporates Electronic Witnessing systems and Closed Working Chambers technologies

Indira IVF, India’s leading fertility chain credits it clinical success rate to their commitment in implementing advanced technology like – Electronic Witnessing systems and Closed Working Chambers across its centres. Indira IVF was the first organisation in the country to have conducted over 100,000 procedures and has established itself as the largest infertility specialist clinics chain in India.

The Electronic Witnessing technology imported from Denmark and Closed Working Chambers technology from Australia address two very critical facets of assisted reproductive techniques (ART). The former utilises RFID (radio frequency identification) chips that are tagged on test tubes of sperm samples and dishes where eggs are stored; this ensures monitoring and that there is no mix-up of unrelated samples. Closed Working Chambers provide a controlled and suitable environment, similar to the human body, for the handling of these samples; this provides clean and safe processes that increases the likelihood of success by manifold.

Speaking about the development, Mr. Nitiz Murdia, Co-founder and Director at Indira IVF said, “We understand that infertility in India is not only a medical condition, but it also comes with societal consequences. Couples undergoing treatment face a host of challenges, and uncertainty related to outcome is a major concern. Thus, the assurance that an IVF cycle will lead to a successful pregnancy is paramount.”

“With the aid of unique, advanced cutting-edge technologies from abroad such as Electronic Witnessing systems and Closed Working Chambers, it is our humble attempt to give equal access to all who trust us for their treatment and help put their mind at ease. It is by means of empathy and meticulous standardisation processes that we have been able to attain a 74% success rate at Indira IVF so far,” Mr. Murdia added.

Dr. Rajeev Kayestha, Regional Director (N/W) of CooperSurgical, the company that provides the Electronic Witnessing technology, RI Witness™, to Indira IVF said “We are proud to partner with Indira IVF who is the biggest employer of our technology in the country. Given the fact that IVF specialists work on several procedures at a time, the RI Witness™ technology is a fool proof system that completely eliminates the chances of any kind of mix-up at all stages of an IVF procedure.”  

The foundation for Indira IVF is set on the principle of increasing access to affordable state-of-the-art IVF treatment to aspiring individuals and couples. The introduction of these technologies furthers this cause and empowers people to take control of their reproductive health.

Witnessing a huge influx of inquiries from Tier II and Tier III cities, and in its effort to provide affordable and best in class treatment, the company added five new centres in Tier-III cities namely, Nanded, Warangal, Sirsa, Gulbarga, Ujjain, and the recent one being in Noida. Indira IVF today has a total of 94 centres across India.

About Indira IVF

Indira IVF is India’s largest infertility speciality clinics chain with 94 centres across the country, supported by a passionate workforce of over 2200 people. Indira IVF performs about 33,000+ IVF procedures a year – the highest number in the country.

As a responsible leader, Indira IVF constantly strives to dispel the stigma, taboo, myths and misinformation about infertility. Indira IVF is also committed to developing and grooming talent for fertility treatments. Through the Indira Fertility Academy, it collaborates with like-minded organisations and institutions to further this cause. Having perceived the potential of Indira IVF in the sector, TA Associates, a leading global equity firm from the U.S., invested in the organisation in 2019.

Indira IVF was founded in the year 2011 in Udaipur, Rajasthan by Dr Ajay Murdia.

JK Tyre Gets Recognition From CII for its Sustainable Manufacturing Practices Globally

JK Tyre & Industries Limited, a leading Tyre manufacturer, has been on the forefront of sustainable growth.  As its ethos, it has been making all out efforts to maintain its leadership in energy usage and this reduction in carbon footprints.

JK Tyre’s efforts have been recently recognized by ‘being’ conferred with two prestigious recognitions from Confederation of Indian Industry (CII).

JK Tyre’s plant in Kankroli, Rajasthan won National Water Award for its exemplary efforts in water conservation taking a 3M approach to water conservation – Measure, Monitor and Management. The award was announced during the 14th CII National Awards for Excellence in Water Management 2020.   JK Tyre’s Kankroli plant has the lowest water consumption in the world, in the Tyre Industry.

The Company’s Chennai plant was recognized as Excellent ‘Energy Efficient Unit’ for the sixth consecutive time since 2015. Additionally, the plant also qualified for the recognition of ‘National Energy Leader’ during the 21st National Award for Excellence in Energy Management 2020 Forum by CII.

Commenting on the occasion, Mr. Anil Makkar, Manufacturing Director, JK Tyre & Industries Ltd said, “JK Tyre has set industry benchmarks for its efforts towards carbon footprint reduction and judicious use of resources. Our effort to create an environmentally conscious organization will help pave the way for industries to go green in the future.  Both Kankroli and Chennai are special projects and receiving such prestigious recognitions for our efforts will further motivate us to continue in this path towards sustainable development. Our aim is to adopt and promote sustainable practices across our plants globally.”

The Company has successfully provided a plethora of water saving solutions in its Kankroli plant. The Air Handling Unit has had a replacement from nozzle type to cellulose pad, to decrease water loss through evaporation. Additionally, rainwater harvesting points have been set up across 4 points in the plant, which has led to a decrease in lake water consumption from 620 KLD to 348 KLD and an increase in rainwater consumption to 13.6% of total fresh water use.

The Chennai plant has effectively reduced the energy consumption by 11.6% that resulted into excellent cost savings in the span of three years. The plant has also achieved 13% reduction in total CO2-e Emission intensity at 0.88 ton/ton of production. Additionally, the plant is using 57% of total power from renewable source of wind and solar.

JK Tyre & Industries Limited:

The flagship company of JK Organisation, JK Tyre & Industries Ltd is amongst the top 25 manufacturers in the world. Pioneers of radial technology, the Company produced the first radial tyre in 1977 and is currently the market leader in Truck Bus Radial segment. The Company provides end-to-end solutions across segments of passenger vehicles, commercial vehicles, farming, Off-the-Road and two & three-wheelers.

A global force, JK Tyre is present in 105 countries with over 180 Global distributors.  The Company has 12 globally benchmarked ‘sustainable’ manufacturing facilities - 9 in India and 3 in Mexico – that collectively produce around 35 million tyres annually. The Company also has a strong network of over 4000 dealers and 550+ dedicated Brand shops called as Steel Wheels and Xpress Wheels.

JK Tyre’s unwavering commitment towards innovation is reflected through its state-of-the-art global research and technology centre – the Raghupati Singhania Centre of Excellence - in Mysore, which houses some of the world’s finest technologies and techniques.

JK Tyre launched India’s first ever ‘Smart Tyre’ technology-and introduced Tyre Pressure Monitoring Systems (TPMS) which monitors the tyre’s vital statistics, including pressure and temperature. The company recently rolled out its 20 millionth Truck/Bus Radial tyre becoming the first and the only Indian company to achieve this milestone.

It is the only Indian tyre manufacturer to be included in the list of Superbrands India in 2019 for the seventh consecutive year. JK Tyre has been conferred the Sword of Honour for Safety across its plants by the British Safety Council,UK. The company entered the Limca Book of Records with the country’s largest off-the-road tyre - VEM 04.

JK Tyre is also synonymous with motorsport in the country. For over three decades, the Company has relentlessly worked towards shaping India’s positioning as the motorsport hub of Asia, developing the right infrastructure for the sport and promoting young talent in the arena.