Thursday, April 1, 2021

Tata Motors Registered Domestic Sales Of 182,824 Units In Q4 FY21; Grows By 21% Over Q3 FY21, 94% Over Q4 FY20


Tata Motors Limited today announced its sales in the domestic & international market, for Q4 FY21, which stood at 191,720 vehicles, compared to 101,420 units during Q4 FY20. 

Domestic Sales Performance:

Domestic - Commercial Vehicles:

Mr. Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors Ltd. said, “Commercial Vehicle domestic sale in Q4 FY21 at 98,966 units was 20% higher than the previous quarter, continuing its sequential growth. It was also higher by 59% over Q4 FY20. M&HCVs and ILCVs continued to lead the recovery growing by 48% and 34% respectively over the previous quarter on back of improved consumer sentiments, firming freight rates and higher infrastructure demand including road construction and mining.  International business grew by 19% over Q3 FY21 and 25% over Q4 FY20, as the key markets started returning to normalcy. We continue to monitor and work on the supply chain to improve availability, especially of electronic components. We are also reviewing our business continuity plans in view of the rising cases of COVID-19 in the country.”

Total MHCVs sale in Q4 FY21 including M&HCV Truck, Buses and International Business stood at 32,419 units compared to 21,295 units in Q4-FY20.

Domestic - Passenger Vehicles:

Mr. Shailesh Chandra, President, Passenger Vehicles Business Unit, Tata Motors Ltd. said, “The PV industry witnessed a strong growth in Q4FY21 on a low base with robust demand for personal mobility and new launches driving demand. Tata Motors PV Business posted its highest ever sales in 9-years, in March 21 and Q4 FY21. In FY21 the business registered its highest ever annual sales in 8 years, while posting a growth of 69% versus FY20. The company’s “New Forever” product range, including the new Tata Safari, continues to witness strong acceptance in the market. In the EV segment, the company sold 4,219 units in FY21, a threefold increase over FY20. The company also registered its highest ever monthly and quarterly sales of 705 EVs and 1,711 EVs in March 21 and Q4 FY21. Nexon EV, the highest sold EV in the country, crossed the milestone of 4,000 units, since its launch in January 2020.”

Groom With Ease From Head To Toe With Philips Multi-Groomer Series MG5000 And MG3000 In Male Grooming Category


* All new MG3000 series - MG3721/77 and MG3747/15 priced at INR 1,795 and 1,895 respectively.

* MG5000 series- MG5730/15 and MG5740/15 priced at INR 2,895 and 2,995 respectively

Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today launched its new range of Multi-groomers i.e., MG5000 & MG3000 series, thereby entering the mid-range segments with strong affordable propositions for the first time in this category. The new series in each segment offers maximum versatility to consumers, making it easy for them to style their hair, face, and body.

With increasing number of consumers taking control of their grooming regime into their own hands, the multi groomers assist and facilitate for a well-groomed body, from head to toe. They make it extremely easy for consumers to get their perfect look whether it’s that salon like haircut, an evenly trimmed beard, or a properly groomed body. The MG3000 series is a 9-in-1 grooming kit for Face, Hair and body and comes with impact resistant combs, and self-sharpening, skin-friendly blades for the perfect trim. The MG5000 series is their flagship 12-in-1 multi-groomer for face, hair and body, offering Dual Cut technology for maximum precision with 2x more blades, precision shaver to perfect the edges of cheeks, chin and neck and a detail metal trimmer to define the edges of the beard.

“Our biggest strength at Philips is our deep connection with the consumer. We carefully listen, empathize and attempt to solve consumer challenges through our innovations. Over the past year, we observed more and more consumers attempting to groom themselves at home, and we saw them explore beyond just the face. Clearly, using multiple devices at the beginning seemed like a challenge to them. In response, we crafted and are now launching our new range of multi-groomers that addresses the new age consumers’ need to have everything in the all-in-one format. It is now possible to groom different parts of the body with a single tool, and still get the perfect result that consumers trust Philips to deliver.”- said Gulbahar Taurani, Vice- President, Personal Health, Philips Indian Subcontinent.

Today, consumers are looking for grooming solutions at home thus driving the ‘Do-it-yourself’ movement. Philips is betting big on personalized care with these products, which is the perfect answer to the concern of getting salon like results with ease, in the comfort of one’s home.

The product range would be available at your nearest retail store and for online purchase starting from Rs. 1,795/

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being and enabling better outcomes across the health continuum – from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips generated 2020 sales of EUR 19.5 billion and employs approximately 82,000 employees with sales and services in more than 100 countries. 

Meitra Hospital Revamps Its Brand Identity To Cheer Up The World

 


Meitra Hospital revamps its brand identity & spirit with the promise of Health. Hope. Happiness; to cheer up the world. The campaign tries to strengthen the hopes of people and bring back the lost smiles of a pandemic stricken world, by celebrating happiness in the everyday moments of life.

Meitra Hospital, a tertiary care hospital from Calicut, Kerala; launches its new identity along with a host of initiatives under the Meitra Care Network, as an ode to times that have not just challenged the world but have strengthened the human spirit& brought people together for a common cause.

“The year that went by, was a mixed bag of a whole lot of emotions, questions & expectations. And everyone was looking at healthcare, hospitals, health workers across the world for a sign of reassurance. Each and everyone associated with healthcare has worked tirelessly, selflessly to bring everyone back from the agonies that one microorganism has caused to the world in the last one year. As an advanced tertiary care hospital brand in Kerala that touches millions of lives each year; it was our fundamental duty to inspire people to not give up on hope. It was our duty to remind people that happiness still waits for them in the smallest of the everyday moments of life. All they need to do is start looking for it. The purpose of the film was to bring a feeling of positivity, raise the sinking spirits and change the mood. This thinking gave rise to a whole new spirit for the hospital – Health. Hope. Happiness, and we decided to change our avatar & get more aggressive in what we do best. We knew that to pull the together, we need to push ourselves harder. And so, Meitra Hospital plans to launch an array of people initiatives under the Meitra Care Network; that will serve the people of Kerala by bringing together like-minded healthcare providers, professionals, technologies; that can work towards delivering advanced healthcare to each and everyone alike.”, said Omair Siddiqui; Lead, Brand Strategy, Meitra Hospital.

The brand’s new foundations &film has been conceptualised & written by Omair Siddiqui. Creative Monkeys, Meitra Hospital’s creative & digital partner has led the execution of the concept & turned it into an integrated campaign with presence on Outdoor, FM & Press, led by social media & digital engagement platforms. The new brand identity was conceived by Whyletz, a brand-forward identity agency based out of Kochi. The film has been directed by Senthil C Rajan, well known in the Kerala Ad Film industry along with 10 MB Stories who produced the commercial.

“Seldom do we see a hospital brand that reaches out to people, only to bring a smile on their faces. The vision of Meitra Hospital, & their unconventional approach to brand building is what any creative partner would want from a brand to work with.”, says Priyanka K V; Chief Brand Officer, Creative Monkeys.

“Health. Hope. Happiness; is a powerful thought & sums up the brand’s essence with simplicity & craft. It has been amazing being a part of the brand’s transformational journey. Team Whyletz has done a beautiful job of defining the brand’s identity extensively, something that we do not see happening very often in Kerala. Kudos to that.” said Sijo Michal John, Chief Creative Officer, Creative Monkeys

The campaign is just 1 month old, however has garnered a whole lot of attention & love on social media. Both English & Malayalam versions have been collectively viewed close to 9 Million times on Facebook & YouTube, and the engagement is only growing.

Film Links | Facebook

Malayalam:https://fb.watch/3_7xNqMpQx/

English: https://fb.watch/3_7nQU4xQc/

Wednesday, March 31, 2021

Pawan MUunjal Receives The First Ather 450X In The Delhi Market


Mr. Tarun Mehta, Co-founder and CEO of Ather Energy, today presented the first unit of their new electric scooter 450X in Delhi to Dr. Pawan Munjal, the Chairman and CEO, Hero MotoCorp.

Handing over the scooter to Dr. Munjal, Tarun said, "We have launched the Ather 450X across markets in the past few months and are now delighted to begin our retail operations in New Delhi. To kick-start this phase, we are happy to deliver the first vehicle in Delhi to Dr. Pawan Munjal. Not only has Dr. Munjal instilled confidence in Ather as one of our key investors but he also has been a mentor to me and Swapnil personally over the years. This is an extremely proud moment for us.”

Dr. Pawan Munjal, said, "I am truly delighted to receive Ather 450X Scooter from Tarun. Sustainability and clean energy remain at the core of Hero MotoCorp's vision - 'Be the Future of Mobility'. I congratulate Tarun, Swapnil and the entire team for developing this technologically-advanced and connected vehicle for customers in the country."

Hero MotoCorp has been a part of Ather’s growth story since 2016 and currently has nearly 35% of shareholding in the leading EV maker.

Nearly 70% Indian Consumers Increased Savings, Investments Post Pandemic: InterMiles Consumer Spending Sentiment Index


InterMiles, a leading loyalty and rewards programme, has released its maiden ‘Consumer Spending Sentiment Index Report’ showcasing payment, purchasing and personal finance trends, along with shifting consumer spending patterns. The report is based on responses received from more than 11,500 InterMilers across India.

Key Insights from the InterMiles Consumer Spending Sentiment Index:

90% Indian consumers witnessed a change in personal spending behavior since the onset of the pandemic

The pandemic has had a deep-rooted impact on the economy – not only bringing about a change in spending capacities, but also a shift in consumer priorities and renewed caution with regards to purchasing.  According to the survey by InterMiles, almost 90% Indian consumers have witnessed a change in personal spending behavior since the pandemic, with a mere 10% reporting no change in their spending behavior.

Given the uncertainty and suddenness of the global pandemic, close to 70% Indians have now placed greater emphasis on securing the future by increasing investments and savings. Investments also ensure increased cash flow in the economy, possibly aiding in quicker fiscal recovery for the nation.

Spending priorities have taken a turn, with 21% consumers increasing spends on essential products, while non-essential spending saw negligible (3%) increase post the advent of the pandemic.

Expenditure on essential goods and services like food products and healthcare saw a substantial increase by 45% and 38% respectively. Routine spending on FMCG products like household goods and personal care products remained the same as before.

On the contrary, non-essential spending saw a steep decline with consumer spends decreasing on travel (68%), entertainment (52%) and apparel (45%).

The rise of social commerce, voice-activated shopping and contactless payments 

The pandemic and the subsequently imposed lockdown triggered massive changes in consumer shopping behavior, with over 74% survey respondents stating an increase in the use of online shopping portals. This can, no doubt, be attributed to the distinct need for contactless services as consumers looked to minimize touchpoints that could lead to viral transmission.

The survey also threw light on the relatively new, but sure shift to social commerce, with as many as 40% consumers stating that they now use social media channels like Facebook and Instagram more frequently for shopping. This instant content to commerce behavior is anticipated to revolutionize the marketing ecosystem in the country, while also allowing SMMEs increased visibility at low costs. Giving us a glimpse of the future, 31% respondents said that their usage of digital voice assistants like Alexa and Google Home, for shopping, increased through the course of the pandemic.

70% consumers have changed payment preferences post the outbreak of the pandemic. Solidifying the contactless payments behavior, consumers have switched preferences from cash to either cards (26%) or UPI and e-wallets. Given the increasing penetration of smartphones and ease of usage, UPI is the clear choice for the evolved Indian consumer, with over 44% consumers stating that they’ve started using UPI services even more than cash and cards.

About the InterMiles Consumer Spending Sentiment Index:

The InterMiles Consumer Spending Sentiment Index was introduced to identify trends that matter and enrich the industry’s understanding around the always evolving consumer payment and purchasing behaviors. The programme which has a 10mn plus member base, is committed towards understanding the pulse of consumers across various travel & lifestyle categories. Data collected through these surveys will not only enable InterMiles as a programme to create unique and compelling value propositions for its members, it will also create meaningful business opportunities for its partners. 

The member base for the InterMiles Consumer Spending Sentiment Index comprises of multi demographics as well as diverse payment, lifestyle and travel preferences.

Federation of Indian Granite And Stone Industry Elects Ishwinder Singh As New President


Federation of Indian Granite and Stone Industry has elected Executive Committee Members that was held on 28 March, 2021 to elect the Office Bearers for the term 2021-23. The Office Bearers is as follows.

Sri. Ishwinder Singh, President

Sri. Manoj Kumar Singh, Vice President

Sri. G.M. Hegde, Vice President

Sri. Mahaveer Singh Rathore, Vice President

Sri. Sunil K Arora , Vice President

Sri. N. Ashoken, Vice President

Sri. Pramod Bhandari, Vice President

Sri. S. Krishna Prasad, General Secretary

Sri. Sunder Somani, Treasurer

Sri. Yeshwant Ranka, Joint Treasurer

Sri. Kalit Bhandari, Joint Secretary

Sri. Rajesh Kumar Sharda , Joint Secretary

Sri. S. Shankaranarayanan, Joint Secretary

Sri. Venkatesh Saka, Joint Secretary

Dr. Harpal Singh Yadav, Joint Secretary

Sri. Sanjeev Modi, Joint Secretary

Sri. Laxmikant Jain, Joint Secretary

Sri. Madan Lal Jangid, Joint Secretary 

We will be obliged if you can release the above list in the news item in your newspaper for the benefit of our members. Photograph of Sri. Ishwinder Singh, President and Sri. S. Krishna Prasad, General Secretary is enclosed.

‘Nourishing Minds’ Initiative By Hershey India To Build Nutrition In Underprivileged Kids With Sofit Plus


* Sofit Plus is a new plant protein drink developed for under-nourished kids based on research conducted with leading institutions like IIT- Bombay, Sion Hospital and NGO Annamrita

* The BMI results indicated an overall decrease in the percentage of both `thin’ (from 18% to 8%) and `severely thin’ (from 17% to 2%) children~

* An overall improvement in anthropometric measurements amongst underprivileged kids, possibly due to presence of high-quality soy plant protein in Sofit Plus along with other biological factors such as age, gender, their daily diet ~

* Results of blood parameters indicated significant effect of Sofit Plus on vitamin A, vitamin C, vitamin D, vitamin B12, calcium, zinc, ferritin and total protein levels in the undernourished kids~

* Recovery from deficiency of the above nutrients were close to 75% to 100%~

Hershey India Pvt Ltd, a part of The Hershey Company, a leading global snacking giant and the largest producer of quality chocolates in North America, has developed Sofit Plus, a plant protein-fortified drink exclusively for its `Nourishing Minds’ social initiative. Designed to meet the nutritional needs of underprivileged kids, the drink was developed by Hershey India in collaboration with IIT-Bombay, Sion Hospital and the NGO Annamrita.

The product is a result of an in-depth research conducted by IIT – Bombay amongst a group of underprivileged children (within the age group of 6-18 years) from suburban slums in Mumbai. The research revealed startling data such as 30% of the kids are below normal BMI of which 18% are thin, 11% are severely thin and 0.9% are underweight. It further indicated major deficiencies in the intake of carbohydrates, fats and proteins amongst children. Calcium, Vitamin C, Vitamin A, Vitamin B12, Zinc and Iron deficiencies were also highlighted through dietary recall and analysis.

Based on this study this study, Hershey India developed Sofit Plus – a special plant protein-fortified drink designed to meet the nutritional needs of underprivileged kids in India. As part of the initiative, the study focused on three main areas: a) to provide evidence of the role of nutrient supplementation in overcoming undernourishment; b) to determine the efficacy of the plant protein drink Sofit Plus and c) to understand its impact on the overall growth.

One serving (200ml) of Sofit Plus was provided to approximately 500 children twice a day, for 6 days a week, for 3 consecutive months. The research, team led by Prof Narendra Shah at IIT Bombay, meticulously monitored the field performance at the chosen schools in Mumbai.

Commenting about the initiative, Herjit Bhalla, Vice President India and AEMEA at The Hershey Company said, “The Hershey Company globally has a legacy of driving positive change through initiatives that benefit society. Keeping up with the tradition, we have developed Sofit Plus, a soy plant protein fortified drink, as a part of our initiative ‘Nourishing Minds'in partnership with Annamrita, Sion Hospital and IIT-Bombay. Designed to help meet the nutritional needs of underprivileged kids in India, this product is backed by rigorous research and development, to help address the low nutrition levels amongst the designated group of children and help contribute towards building a healthier future for them.”

Prof Narendra Shah at IIT Bombay, further commented, “Lack of nutrition among children is often the invisible problem in developing nations. India is home to millions of stunted children. A country cannot aim to attain economic and social development goals without addressing the issue of malnutrition. It is essential to focus on children’s health for inclusive growth and educational development as they will be driving the future of our country. We are happy to be a part of the Hershey India’s innovative research and development team. We are extremely encouraged by the positive results delivered by Sofit Plus in addressing the nutritional gaps in malnourished children. Sofit Plus is specially manufactured with added plant proteins and micronutrients for distribution to students of participating schools. Made with added nutrients, the product should be beneficial for the children’s overall health and growth.”

There are various forms of malnourishment and deficiencies that affect children. Childhood deficiencies include an insufficiency in protein, energy and micronutrients namely iron, vitamin A, iodine and zinc. The problem is particularly severe in India. Hershey India, in collaboration with leading research, medical and social organizations, launched the ‘Nourishing Minds’ initiative to bridge this nutrition gap.

About The Hershey Company 

The Hershey Company is headquartered in Hershey, Pa., and is an industry-leading snacks company known for bringing goodness to the world through its iconic brands, remarkable people and enduring commitment to help children succeed. Hershey has approximately 17,000 employees around the world who work every day to deliver delicious, quality products. The company has more than 90 brands around the world that drive more than $8 billion in annual revenues, including such iconic brand names as Hershey's, Reese's, Kit Kat, Jolly Rancher, Ice Breakers, SkinnyPop, and Pirate's Booty.

For more than 125 years, Hershey has been committed to operating fairly, ethically and sustainably.  Hershey founder, Milton Hershey, created the Milton Hershey School in 1909 and since then the company has focused on helping children succeed.

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