PMKVY 3.0 Will Take Skilling To Remotest Villages, Towns Across India

* Focus on strengthening District Skill Committees (DSC) for demand-driven skill training

* PMKVY 3.0 aims to train eight lakh candidates

* More than 1.2 Crore youth have been trained/oriented through improved standardized skilling ecosystem in the country under PMKVY 1.0 and PMKVY 2.0

In a bid to empower India’s youth with employable skills, the Ministry of Skill Development and Entrepreneurship (MSDE) today launched Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 3.0, in nearly 600 districts making 300+ skill courses available to the youth, making skill development more demand-driven and decentralised in its approach.

Dr. Mahendra Nath Pandey, Hon’ble Union Minister, MSDE launched the third edition of PMKVY in a virtual ceremony along with Shri RK Singh, Hon’ble Minister of State, MSDE. Aimed at supporting the local economy, PMKVY 3.0 has been designed to keep pace with changing demands, both at the global and local levels.

Launched in 717 districts, 28 States/eight UTs, PMKVY 3.0 marks yet another step towards ‘Atmnanirbhar Bharat’. PMKVY 3.0 will be implemented in a more decentralized structure with greater responsibilities and support from States/UTs and Districts. District Skill Committees (DSCs), under the guidance of State Skill Development Missions (SSDM), shall play a key role in addressing the skill gap and assessing demand at the district level.  The new scheme will be more trainee- and learner-centric addressing the ambitions of aspirational Bharat.

PMKVY 2.0 has been instrumental in bolstering the skilling ecosystem and with PMKVY 3.0, skill development will usher in a new paradigm with focus on demand-driven skill development, digital technology and Industry 4.0 skills. The Government’s growth agenda is guided by ‘Aatmanirbhar Bharat’ and ‘Vocal for Local’ vision. Keeping this in mind, PMKVY 3.0 is a progressive step towards achieving the vision by establishing increased connect at state, district and block level. PMKVY 2.0 broadened the skill development with inclusion of Recognition of Prior Learning (RPL) and focus on training. With the advent of PMKVY 3.0, the focus is on bridging the demand-supply gap by promoting skill development in areas of new-age and Industry 4.0 job roles.

While the National Educational Policy puts focus on vocational training for a holistic growth and increased employability, PMKVY 3.0 role will be a propagator of vocational education at an early level for youth to capitalize on industry-linked opportunities.

Dr. Mahendra Nath Pandey, Hon’ble Minister of Skill Development & Entrepreneurship, said, “Prime Minister’s vision of “Vocal for local and Atmanirbhar Bharat can only be achieved by furthering the skilling ecosystem to the district level. As a young nation, we’re poised to seize the opportunities that will make India the Skill Capital of the World. By taking the bottom-up approach to training, PMKVY 3.0 will identify job roles that have demand at the local level and skill the youth, linking them to these opportunities.”

“The increased role of district administrations and MPs in mentoring and monitoring the training programs under the schemes will bring in greater local connect. PMKVY 3.0 will encourage healthy competition between states by making available increased allocation to those states that perform better,” he added.

Shri RK Singh, Union Minister of State (I/C) Ministry of Power, Ministry of New and Renewable Energy and Minister of State, MSDE, said, “Skilling is not an objective but a necessary prerequisite for the economic growth of the country. We need to move with speed and scale if we have to fulfil the vision of making India the skill capital of the world and from there, the industrial capital of the world.”

The launch saw participation of various Members of Parliament and Skill Development Ministers from six states. Candidates from Pradhan Mantri Kaushal Kendras (PMKKS) in Meerut, Uttar Pradesh; Satna, Madhya Pradesh; Meethapur, Badarpur; Cuttack, Odisha; South Delhi also interacted with the ministers, and shared inspirational experiences of how skill training has transformed their lives and taken them closer to fulfilling their aspirations. In a freewheeling discussion, candidates spoke about additional courses they felt the need to train in their respective centres.

Both ministers assured candidates and heads of PMKK centres that they would be provided the additional courses that will help them cater to local demand. Amid messages congratulating MSDE for the success of PMKVY 1.0 and 2.0, ‘vocal for local’ emerged as a recurring theme, as all MPs and PMKK centres spoke about the need to build a local talent pool that can cater to industry demands.

The event was graced by the august presence of Dr. Mahendra Nath Pandey, Hon’ble Union Minister, MSDE, Shri RK Singh, Union Minister of State (I/C) Ministry of Power, Ministry of New and Renewable Energy and Minister of State, MSDE, Shri. Praveen Kumar, Secretary, MSDE, Shri Atul Kumar Tiwari, Additional Secretary, MSDE and Dr. Manish Kumar, MD and CEO, National Skill Development Corporation (NSDC). Shri AM Naik, Chairman, NSDC and Group Chairman, L&T also remotely addressed the event, highlighting the efforts made by NSDC in accelerating the skilling ecosystem and announced the launch of L&T Skill Trainers Academy Mumbai. 

Members of Parliament from eight constituencies across the country interacted with Dr. Mahendra Nath Pandey and Shri RK Singh to talk about skill development efforts in their states and welcomed the third phase of PMKVY. Additionally, State Skill Ministers from six states — Gujarat, Odisha, Assam, Haryana, Uttar Pradesh and Karnataka — extended their best wishes to the program.

ThoughtWorks Aacuires Gemini Solutions Inc For European Expansion

 

ThoughtWorks, a global software consultancy today announced it has agreed to acquire Gemini Solutions Inc., a privately-held software development and consulting services firm.

Founded in 2005 by a group of Silicon Valley technologists, Gemini Solutions is dedicated to delivering world-class software product development services. Today, it has over 170 team members that include software engineers and operations staff based in Romania covering a broad spectrum of technologies across the entire software product development lifecycle. Their technical teams are recognized not only for their fast-paced delivery but also for their product development discipline. Gemini Solutions offers a unique blend of creativity, agility, discipline, and technical excellence which has resulted in enduring partnerships with clients.

The close of the acquisition will see the establishment of ThoughtWorks Romania with the Gemini Solutions team at its core. The acquisition will strengthen ThoughtWorks' foundation and overall European expansion. The team will provide nearshore support for ThoughtWorks' clients in the UK and Germany as well as continue to support Gemini's existing clients in North America, France, and Germany.

Serban Tir, previously the chief technology officer of Gemini, will serve as the general manager (GM) of ThoughtWorks Romania.

"We are delighted that Gemini Solutions Inc will be joining the ThoughtWorks family. The team will form a key part of ThoughtWorks' global as well as European expansion plans. We have been seeking a premium partner to help increase our nearshore delivery capability and capacity, especially in Europe, and Gemini is a perfect fit. We're excited about taking on the baton from the Gemini founders and taking the business to the next level of its evolution. The team brings with them a wealth of experience and will also accelerate growth in our key strategic focus areas of digital transformation, enterprise modernization, data, and customer experience. Gemini's talent, cultural fit, commitment to delivery, ability to grow, and existing client relationships fit nicely with our own," said Guo Xiao, president and chief executive officer, ThoughtWorks.

"Since our inception, we have worked to help leading organizations regardless of size or maturity to flourish and thrive by providing exceptional software solutions. ThoughtWorks and Gemini Solutions have a common philosophy and dedication to client success. We are excited to have the opportunity to become part of a leading player in the global IT industry. This acquisition is also a testament and validation of the great talent and capability of the Romanian IT sector that a global organization like ThoughtWorks would look to invest in this market," said Theo Nissim, chief executive officer & founder, Gemini Solutions Inc.

This acquisition will significantly improve ThoughtWorks' ability to support and service clients, especially in Europe. The Gemini team brings with them a wealth of experience in IoT, big data, AI, data science, mobility, and cloud that will enhance and strengthen ThoughtWorks' offer in this space.

The transaction is expected to close in January 2021, subject to the satisfaction of closing conditions. Financial details are not being disclosed.

About Gemini Solutions

Founded in 2005 in San Francisco by a core group of Silicon Valley technologists and having a development center in Romania, Gemini Solutions delivers world-class software product development services. With over 170 team members that include software engineers and operations staff working in Bucharest, Cluj and Iasi, Gemini Solutions covers a broad spectrum of technologies across the entire software product development lifecycle. Gemini Solutions is committed to support its clients and partners with a unique blend of creativity, agility, discipline, and technical excellence.

https://www.geminisols.com/

About ThoughtWorks

We are a software consultancy and community of passionate purpose-led individuals, 7,000+ people strong across 46 offices in 15 countries. Over our 25+ year history, we have helped our clients solve complex business problems where technology is the differentiator. When the only constant is change, we prepare you for the unpredictable. www.thoughtworks.com

ThoughtWorks Receives $720 Million Investment At An Enterprise Value Of $4.6 Billion

ThoughtWorks, a global software consultancy today announced that GIC, Siemens AG, Fidelity Management and Research LLC, and Mubadala Investment Company have invested $720 million in the company.

Founded over 25 years ago, ThoughtWorks has grown from a small team in Chicago to a leading global software consultancy of more than 7,000+ ThoughtWorkers. Its roots are in digital transformation and agile software development and the company has been at the forefront of defining the tech principles used by some of the world's most successful organizations.

The proceeds will be used to repurchase equity from existing investors. The new commitment of capital comes as the company continues to invest in growth and international expansion.

"This placement is a very positive indicator of how strong our company and brand are perceived in the market. It's wonderful that GIC, Siemens, Fidelity and Mubadala see ThoughtWorks to be a strong investment and this is an endorsement of the strength and relevance of our business and people," said Guo Xiao, president and chief executive officer, ThoughtWorks.

"Since partnering with ThoughtWorks in 2017, the company has gone from strength to strength – accelerating growth and profitability and transforming to be world class in a highly strategic global market. ThoughtWorks' talented employees, global footprint and reputation for technical excellence make it a standout offering in the rapidly evolving digital transformation space," said Rohan Haldea, partner at Apax. "We welcome GIC, Siemens, Fidelity and Mubadala Investment Company as additional investors to support the company's growth strategy."

"Siemens strongly believes in the growth potential of supporting the digitalization of businesses across all industries. We believe that ThoughtWorks is the right partner with outstanding capabilities. I am proud of our investment to jointly accelerate digital transformation," said Cedrik Neike, managing board member of Siemens, responsible for Digital Industries and Siemens Advanta.

"As the clear market leader in digital transformation, ThoughtWorks' long term growth prospects were key to our investment decision. The company's unique offerings are pivotal to the digitization of many businesses which we see accelerating in 2021 and beyond," said Tim Breen, executive director, Technology at Mubadala.

Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC served as placement agents to ThoughtWorks in connection with this transaction. Kirkland & Ellis LLP acted as legal advisor to ThoughtWorks.

About ThoughtWorks

We are a software consultancy and community of passionate purpose-led individuals, 7,000+ people strong across 46 offices in 15 countries. Over our 25+ year history, we have helped our clients solve complex business problems where technology is the differentiator. When the only constant is change, we prepare you for the unpredictable. www.thoughtworks.com

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. www.apax.com

About GIC

GIC is a leading global investment firm established in 1981 to manage Singapore's foreign reserves. As a disciplined long-term value investor, GIC is uniquely positioned for investments across a wide range of asset classes, including equities, fixed income, private equity, real estate and infrastructure. Headquartered in Singapore, GIC has investments in over 40 countries and employs over 1,700 people across 10 offices in key financial cities worldwide. www.gic.com.sg.

About Siemens

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. Active around the world, the company focuses on intelligent infrastructure for buildings and distributed energy systems and on automation and digitalization in the process and manufacturing industries. Siemens brings together the digital and physical worlds to benefit customers and society. Through Mobility, a leading supplier of intelligent mobility solutions for rail and road transport, Siemens is helping to shape the world market for passenger and freight services. Via its majority stake in the publicly listed company Siemens Healthineers, Siemens is also a world-leading supplier of medical technology and digital health services. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power that has been listed on the stock exchange since September 28, 2020. In fiscal 2020, which ended on September 30, 2020, the Siemens Group generated revenue of €57.1 billion and net income of €4.2 billion. As of September 30, 2020, the company had around 293,000 employees worldwide. www.siemens.com.

About Mubadala Investment Company

Mubadala Investment Company is a sovereign investor managing a global portfolio, aimed at generating sustainable financial returns for the Government of Abu Dhabi. Mubadala's $232 billion (AED 853 billion) portfolio spans six continents with interests in multiple sectors and asset classes. We leverage our deep sectoral expertise and long-standing partnerships to drive sustainable growth and profit, while supporting the continued diversification and global integration of the economy of the United Arab Emirates. Headquartered in Abu Dhabi, Mubadala has offices in London, Rio de Janeiro, Moscow, New York, San Francisco and Beijing. www.mubadala.com.

ITC Limited Conferred The ICSI National Award For Excellence In Corporate Governance

ITC Limited has been adjudged ‘Best Governed Company’ at the 20th ICSI National Awards for Excellence in Corporate Governance, 2020 in the Listed Segment: Large Category in recognition of its consistent growth and performance, contributive capabilities, governance ethos, and sensitized approach towards CSR and sustainable development. The Award was adjudged by an eminent jury under the chairmanship of Hon’ble Justice Shri A. K. Sikri, Former Judge, Supreme Court of India, and International Judge, Singapore International Commercial Court.

ITC’s Company Secretary, Rajendra Kumar Singhi was also adjudged ‘Governance Professional of the Year’ for his contribution towards adoption of effective governance processes. Mr Singhi received the Award on behalf of ITC at a ceremony held on the 13th of January 2021. 

Mr Piyush Goyal, Hon’ble Minister of Railways, Commerce and Industry and Consumer Affairs, Government of India was the Chief Guest at the Awards ceremony, which was also graced by stalwarts of the Indian corporate sector and governance professionals.

Thanking the ICSI for bestowing the Award, Chairman Mr Sanjiv Puri stated, “We are deeply humbled by this befitting recognition for ITC’s robust governance model anchored on the timeless values of trusteeship, transparency and ethical corporate citizenship. The high standards that we have set for ourselves is inspired by our credo of 'Nation First - Sab Saath Badhein' that seeks to create enduring value for our stakeholders, making a meaningful contribution to creating larger societal value whilst enhancing the competitiveness of our businesses with agility and innovative capacity. This Award, received in the presence of Hon'ble Minister Shri Piyush Goyal ji, will indeed be a source of immense encouragement to Team ITC as we traverse this journey to build a better tomorrow for our stakeholders and the Nation". 

ICSI National Awards for Excellence in Corporate Governance is a prestigious award that acknowledges the implementation of best practices in corporate governance. Instituted by ICSI, these awards encourage and recognize individuals and listed companies that imbibe and promote a culture of good corporate governance by not only inculcating good corporate governance principles in their functioning but also by implementing innovative practices, programs, and projects promoting the cause of corporate governance. It rigorously evaluated participants on several parameters including governance structure, transparency, and disclosure compliances, amongst others.

ITC has been one of the frontrunners in India to have put in place a formalized system of corporate governance, more than 2 decades back. 

ITC’s abiding commitment to its credo of ‘Nation First: Sab Saath Badhein’ is embodied in its corporate vision to sustain ITC’s position as one of India’s most valuable corporations through world-class performance, creating value for the Indian economy and the company’s stakeholders. The company’s corporate governance philosophy is anchored on the values of trusteeship, transparency, ethical corporate citizenship, empowerment & accountability, and control that is embedded in the strategies and planning process of every business of the company. 

o9 Solutions Doubles Its Annual Revenue Bookings During 2020

 o9 Solutions Inc., a leading provider of Integrated Business Planning platforms for the digital transformation of enterprise-wide planning and decision-making capabilities, announced significant bookings growth during 2020 today.

o9 more than doubled its annual recurring revenue bookings in 2020, demonstrating strong market demand for its platform. The company reported an 83 percent increase in employees in 2020, bringing its total headcount to 830. The company also continued to maintain a robust cash position underscoring its efficient and scaled growth trajectory.

Clients across various industry segments, including Consumer Packaged Goods (CPG), Manufacturing and Retail, are turning to o9’s intelligent, AI-enabled platform to unlock significant business value through superior visibility, predictive and prescriptive insights, and cross-functional collaboration.

“Our continued growth is a true testament to market opportunity. Business leaders are realizing the tremendous value creation potential of using o9’s platform, as the ‘digital brain’ of their enterprise,” said Chakri Gottemukkala, CEO of o9. “The pandemic has exposed the need for real-time, market-driven, and integrated planning across the enterprise. The power, flexibility, and ease-of-use of o9’s platform is driving its rapid adoption and growth, and we see these trends continuing to play out at scale.”

o9 added bookings across all its core industry verticals of CPG, Manufacturing and Retail with notable growth in the Food & Beverage and Fashion & Apparel sub-segments. The company also delivered a record number of global deployments to its clients during 2020 by leveraging its industry specific reference models and realizing rapid time to value across complex planning workflows including demand, supply and S&OP planning.

“We are seeing strong demand indicators heading into 2021 and beyond, and intend to aggressively invest into global growth particularly in China, Latin America and South-East Asia”, said Igor Rikalo, President & COO commenting on o9’s outlook. “o9 has the most advanced cloud-native platform for all planning capabilities, as evidenced by its adoption by leading Fortune 100 companies. We have significantly scaled our capabilities across sales, marketing, and delivery to support our pipeline and expected growth, and are well-positioned to capture the opportunity ahead of us.”

During 2020, o9 achieved several significant milestones including:

*  Raising its first-ever external strategic investment from KKR at ‘unicorn’ valuation.

*  Expanding its partnership with Deloitte with the announcement of a formal alliance to deliver end-to-end integrated planning and operations capabilities to customers across the world.

*  Announcing technology ecosystem partnerships with High Radius for trade promotion planning and settlement, Operaize for manufacturing scheduling and sequencing, project44 for supply chain visibility, FourKites for freight tracking visibility, and Gurobi for state-of-the-art mathematical optimization software

*  Adding vTradex and Samsung SDS as regional partners to accelerate go-to-market activities in China and South Korea, respectively

*  Provided both technical and business process implementation certifications to thousands of consultants and experts at all the major system integrators, consulting firms and geographical regions

*  Significantly expanded the AIM 10x Executive Council with former C-level executives experienced in significant digital transformation across CPG, Retail and Manufacturing industries

*  Named as Fastest Growing Private Company in America in Inc. 5000 and Deloitte’s Technology Fast 500 lists for the second consecutive year

Indigo Paints Ltd IPO Open From January 20, 2021 With Price Band Of Rs. 1,488-1,490 Per Equity Share

* Price Band of Rs. 1,488 – Rs. 1,490 per equity share of face value of Rs. 10 each (“Equity Share”) A discount of Rs. 148 per Equity Share is being offered to Eligible Employees bidding in the Employee Reservation Portion

* Bid/Offer Opening Date – Wednesday, January 20, 2021 and Bid/Offer Closing Date – Friday, January 22, 2021

* Minimum Bid Lot is 10 Equity Shares and in multiples of 10 Equity Shares thereafter

* The Floor Price is 148.8 times the Face Value of the Equity Shares and the Cap Price is 149.0 times the Face Value of the Equity Shares.

Pune based, Indigo Paints Limited (the “Company”), one of the fastest growing amongst the top five paint companies in India and fifth largest company in the Indian decorative paint industry in India in terms of its revenue from operations for FY20 (Source: F&S Report), will open the Bid/Offer period in relation to its initial public offering of Equity Shares (the “Offer”/ “IPO”) on Wednesday, January 20, 2021. The Bid/Offer period will close on Friday, January 22, 2021. The price band of the Offer has been fixed at Rs. 1,488 – Rs. 1,490 per Equity Share. The Company may, in consultation with the Book Running Lead Managers (the “BRLMs”), consider participation by Anchor Investors which shall be one Working Day prior to the Bid/Offer Opening Date.

The IPO comprises a fresh issuance of Equity Shares aggregating to Rs. 3,000 million by the Company (“Fresh Issue”) and an offer for sale of up to 5,840,000 Equity Shares by Sequoia Capital India Investments IV and SCI Investments V (the “Investor Selling Shareholders”), and the promoter selling shareholder, Hemant Jalan (the “Promoter Selling Shareholder” and together with the Investor Selling Shareholders, the “Selling Shareholders” and such offering of Equity Shares by the Selling Shareholders, the “Offer for Sale”). The Offer includes a reservation of up to 70,000 Equity Shares for subscription by Eligible Employees of the Company (the “Employee Reservation Portion”).  The Company and the Selling Shareholders in consultation with the BRLMs, are offering a discount of Rs. 148 per Equity Shareto the Offer Price to Eligible Employees bidding in the Employee Reservation Portion.

The Offer less the Employee Reservation Portion is referred to as the “Net Offer”. The Offer is being made through book building process in accordance with Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957 and Regulation 31 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”) and in compliance with Regulation 6(1) of the SEBI ICDR Regulations, wherein not more than 50% of the Net Offer shall be allocated on a proportionate basis to Qualified Institutional Buyers (“QIBs”, the “QIB Portion”), provided that the Company may, in consultation with the BRLMs, allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations (“Anchor Investor Portion”), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price. In the event of under-subscription, or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion. Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis only to Mutual Funds, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids being received at or above the Offer Price. However, if the aggregate demand from Mutual Funds is less than 5% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIBs.

Further, not less than 15% of the Net Offer shall be available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35% of the Net Offer shall be available for allocation to Retail Individual Bidders in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price. Further, Equity Shares will be allocated on a proportionate basis to Eligible Employees applying under the Employee Reservation Portion, subject to valid Bids received from them at or above the Offer Price. All potential Bidders (except Anchor Investors) are required to mandatorily utilise the Application Supported by Blocked Amount (“ASBA”) process providing details of their respective ASBA accounts, and UPI ID in case of RIBs using the UPI Mechanism, if applicable, in which the corresponding Bid Amounts will be blocked by the SCSBs or by the Sponsor Bank under the UPI Mechanism, as the case may be, to the extent of respective Bid Amounts. Anchor Investors are not permitted to participate in the Offer through the ASBA process.

The Company proposes to utilise the Net Proceeds as follows (i) INR 1,500 mn towards funding capital expenditure for expansion of its existing manufacturing facility at Pudukkottai, Tamil Nadu by setting-up an additional unit adjacent to the existing facility; (ii) INR 500 mn towards purchase of tinting machines and gyroshakers; (ii) INR 250 mn towards repayment/prepayment of all or certain of Company’s borrowings; and (iv) balance towards general corporate purposes.

The Equity Shares offered in this Offer are proposed to be listed at both BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”, together with BSE, the “Stock Exchanges”) post the listing. For the purpose of the Offer, BSE is the Designated Stock Exchange.

Kotak Mahindra Capital Company Limited, Edelweiss Financial Services Limited and ICICI Securities Limited are the BRLMs to the Offer.

All capitalized terms used herein and not specifically defined shall have the same meaning as ascribed to them in the Red Herring Prospectus dated January 11, 2021 (“RHP”)./.

Tata Motors Commences Production Of New Safari From Its Pune Plant

*  Rolls out the first Safari from the Pune plant

• Reveals the first official look of the new Safari

• Launches AR suite Imaginator for a holistic virtual experience

Tata Motors, India’s leading automotive brand, today formally unveiled the new avatar of the iconic Tata Safari, which is a potent combination of power and elegant sophistication. In a flag-off ceremony held today, the first Safari in its full glory rolled out of the line from the plant in Pune. While the Safari makes its way to the showrooms, leveraging the power of digital, Tata Motors has also launched the Tata Safari Imaginator suite, power packed with interactive features using Augmented Reality (AR), for customers to explore the Safari virtually at their preferred location including their living room!  

The award winning Impact 2.0 design language of the new Safari readily tells its all-purpose nature. The Safari’s unique and domineering stance has been enhanced in the new avatar and key areas like the elegant grille, the unmistakable stepped roof and the imposing tailgate have been given ultra - premium finishes. Sculpted impeccably with an uncompromised strong stance, imposing wheel arches and a careful accenting of chrome gives the new Safari a jewel-like appearance. The interior of the Safari takes the premium element even higher, with the rich Oyster White interior theme, paired with Ash Wood dashboard. It is specially designed and developed for the socially active, fun loving customer group, who seek unique experiences and adventure.

Unveiling the first official look of the new Tata Safari, Mr. Guenter Butschek, CEO & MD, Tata Motors said, “The Safari is our flagship offering to connect the aspirations of the discerning and evolved Indian customer. It had introduced India to the SUV lifestyle and in its new avatar, will carry forward this rich idea to build further its legacy. The new Tata Safari is ideal for families and groups with a multifaceted lifestyle, who prefer to drive together for work or leisure, as it offers an unmatchable combo of an exceptionally strong lineage, robust build quality, premium finishes and the 4Ps of Power, Performance, Presence and Prestige to ‘Reclaim Your Life’. We look forward to making the Safari rule the Indian roads once again.”

The new Safari has evolved to satisfy the new age SUV customers, who demand arresting design, unparalleled versatility, plush and comfortable interiors, outstanding performance for a modern, multifaceted lifestyle. Customers can now get close with the new Safari by remotely accessing the Tata Safari Imaginator suite.  Simply by using their handsets, they can take a walk around the new Safari or choose to step inside it for a fully immersive experience, in their preferred environment for a real-life like feel. Click here (https://cars.tatamotors.com/suv/safari/ar) to experience the new Tata Safari!

The new Safari proportions are imposing, accentuated by wide, large wheels, with tremendous road presence and powered with a graceful agility. The smart and expressive surface treatment brings in a surreal dynamism, making the Safari seem like it is moving even while standing still. The iconic stepped roof, held between the equally well regarded roof-rails have been re-imagined making them immensely stylish and yet functional.  

The interiors of the new Safari too have been crafted with exquisite deft to convey a classy, comfortable feel via diligently curated choice of features, superior ‘In-touch’ interfaces and the intriguing addition of superlative details. All materials used convey the touch, feel and colour of luxury anchored in authenticity, giving the SUV its deserving plush feel. The new Safari carry forwards the legend’s much lauded for aspect of space and cossetting occupants with high driving and sitting positions that make them always feel in command. With purposeful aesthetics, the surface language of the new Safari continues to remain clean, uncluttered and benefits from the addition of a unique design element - the signature Tri-arrow motifs.  

The new Safari further builds on the legacy of prestige and outstanding performance by combining Tata Motors’ Impact 2.0 design language with the proven capability of OMEGARC, an architecture derived from the renowned D8 platform from Land Rover, which in itself is the gold standard of SUVs worldwide. This adaptive architecture allows for further drive train enhancements including all-wheel drive and possibilities of electrification in future.

Tata Motors will open bookings of the Safari soon.