Swanrose India, Subsidiary Of Swanrose Inc. Brings Disruptive Technology To India, USA In The Health And Safety Space

Swanrose started business in April 2020, with a vision to launch disruptive liberating products to help people “live a limitless life”. This week the first product launches in India and the USA simultaneously. Just Human is a revolutionary 24 hour hand sanitizer (use just once a day) a game changer in the hand sanitizer space and is the first hand sanitizer to provide extended protection. The 24 hour efficacy is backed by GLP Lab certification. Just Human 24 hourhand sanitizer is made with proprietary US technology. The product got USFDA registration and DCGI clearance in India in late Dec. Swanrose has an ethos of local production to support jobs and families in the countries it sells, so in the USA it is made in USA and in India it is made in India. Later this year, Swanrose has a slueth of other disruptive products slated for launch once again in both the US and Indian markets. It will also enter other territories like UAE and South America. All its products follow its vision of positively impacting humanity. 

The technology:

The proprietary key used in our hand sanitizer was derived from an original formulation developed over 30 years ago.Since that time, it has been used in a wide array of consumer products. It has an unparalleled safety record for nearly three decades, and its efficacy and capabilities have been vetted by leading scientific organizations worldwide. It’s won various technology awards and eventually was re-engineered into a proprietary formulated alcohol base to extend its uses in other applications, in this case,as a hand sanitizer. The molecules attach themselves to a surface and forms microscopic “spars”. These spars rupture the cell membranes of all microbes coming in contact with it, providing the mechanical kill, and negating the need for toxic chemicals. As a result, microbes are destroyed and prevented from contaminating the hand. The resulting compound is non-toxic.

How It works:

Just Human contains two specialized compounds. Both compounds work together at a nano level, to protect you. One compound 70% Ethanol as recommended by the CDC and WHO, kills germs and viruses instantly on your hands, whilst the other compound - an antimicrobial forms a bionic shield made of non-toxicmolecules which bind to your hand and providea protective coating. This molecule has been nano-engineered to bindand pierces the cell wall of any micro-organism, thereby instantly killing it.Once the sanitizer dries, the SPARS bind to the surface of the hand, providing a layer of active protection that lab testing shows lasts for 24 hours.

Target Consumer

Just Human’s target consumer is just about anyone but our focus is on the most vulnerable.People such as parents with kids under the age of 12, senior citizens and people with co-morbidities. Our second focus is on situations that expose you to be vulnerable like gyms, salons, movie halls, weddings and team sports like cricket, football, kabaddi etc.

Where is it manufactured:

Just Human is made in India with US proprietary technology.

Where is it available:

Just Human is currently available on our website: www.justhuman.co.in and on Amazon. We should be at your neighborhood store soon.

The Journey so far…

In April 2020, Swanrose started producing alcohol based hand sanitizers in order to help with the COVID crisis. The first product launch was Aristocrat and Humasteboth alcohol-based hand sanitizer in India and the USA. The revenues for the first 3 months were 2.2 million USD (80% US sales  and 20% India sales).

As Swanrose grew, we quickly realized conventional alcohol based sanitizers (what’s currently available in the market) were not really helping people as they evaporate within 30 seconds of use leaving you completely exposed. Hence you need to repeatedly use them sometimes as much as 10 to 15 times a day along with the fear that clouds you if you have touched a surface and forgotten to use it. This was not in line with our vision of helping people “Live a limitless life” so we started searching for technologies and smart science around the world and Just Human the 24 hour hand sanitizer was born. Months of lab testing to get USFDA registration and DCGI clearance we are finally ready to launch a product the allows you to experience a “limitless life with the power of once” as a once a day sanitizer.

In a few short months, we’ve established a new business line with production &distribution  agreements across India, United States and the UAE.

Roshini Sanah Jaiswal, CEO of Swanrose Inc said: “After many years - I have found my purpose with Swanrose – It combines my interests in science and technology with my desire to make a difference in people’s lives. Just Human 24 Hour Hand Sanitizer is precisely that -Smart Science designed beautifully”

CredR Fuels Journey With Rs. 48.1 Crore ($ 6.5 Mn) Round - Yamaha Motors & Astarc Ventures Join The Ride

* Round co-led by Omidyar Network India and Eight Roads Ventures

The Bangalore-based Incredible Technologies Private Limited (CredR), has raised Rs. 48.1 crore ($ 6.5 Mn), in its latest round led by Yamaha Motors, and existing investors Omidyar Network India and Eight Roads Ventures, with participation from automotive focused Astarc Ventures. CredR, India’s largest used two-wheeler consumer brand, creates an omnichannel buying experience, through a chain of flagship showrooms across Maharashtra, Karnataka, Delhi, NCR and Rajasthan. The funding will be used towards consolidating its market position, strengthening its technology platform and expanding customer offerings.

Founded in 2015, CredR has been focused on formalising the unorganised and fragmented used two-wheeler market, with over 1,00,000 dealers, across India. Even though India's used two wheeler market accounts for over 30 million annualised units, challenges around standardisation of pricing, strong quality inspection and customer experience, and most notably post-sales support, persist. CredR's mission is to solve for the existing trust deficit in the category through their full-stack vertically-integrated business model empowered with technology.

By reimagining the entire customer journey, CredR has been able to help over 300,000 Indians own a used two-wheeler of their choice since its launch. On its online platform, customers can discover and book a used two-wheeler of their choice. They can then complete the test ride and the final transaction by visiting their nearest CredR Showroom. CredR also offers home test rides and contactless home deliveries of their used two-wheelers. This focus on customer experience and offering has helped make it one of the best loved two-wheeler consumer brands in the country.

Speaking about the company’s goal for the future, Sasidhar Nandigam, Co-founder, CredR said, “Our partnership with Yamaha Motors validates our shared vision to provide customers the best option to buy / sell used two-wheelers. They are a name to be reckoned with in the global mobility sphere. The funds raised in this round would help us to go deeper into existing markets and provide world class customer experience empowered with  technology.”

Elaborating further on CredR’s fundraise, Nandigam said, “We are excited to partner with Yamaha Motors in our journey to build India’s first used two-wheeler consumer brand. Yamaha Motors’ comprehensive understanding and experience in the two-wheeler mobility segment aligns with our first-to-market business model. The pandemic has catalysed the already existing demand for affordable private mobility in India, and these funds will allow us to scale rapidly and fulfil this demand.”

Commenting on this investment, Hajime Aota, Senior General Manager of New Venture Business Development & R&D Strategy Section, Technical Research & Development Center of Yamaha Motor Co., Ltd., said, “India is one of the biggest mobility markets in the world and the personal freedom that motorcycles and scooters bring, is a huge and lasting benefit for this country’s people, regardless of whether they are new or used. CredR’s clear vision behind its thriving used two-wheeler business resonated with us, and we decided to invest in the company to help their business scale bigger, which will subsequently lead to a higher quality of life for India’s people.”

Aditya Misra, Principal, Omidyar Network India, said, “We first invested in CredR in 2019 and are doubling down because we continue to believe that two-wheelers are the choice of transportation as much in the top 30 cities in India as the rest of the country. The pandemic has accelerated the need for affordable private ownership especially among the Next Half Billion. We find CredR’s customer-centric technology first mindset applied to their O2O (online to offline) model to be a massive advantage that can go a long way in enhancing trust for consumers.”

Kavish Kothari, Principal, Eight Roads Ventures, said, “The pandemic has caused a significant shift in consumer behaviour when it comes to mobility. Consumers today are considering owning their own vehicle to feel safer. The pre-owned two-wheeler market stands to benefit as consumers seek more economical options from organised players in the market. With their value-for-money options, contactless service and delivery and partnerships with credible OEMs, CredR is well positioned to revolutionise the pre-owned two-wheeler market in India.”

Due to the economic situation created by the pandemic, consumers looking for vehicles are increasingly inclined to purchasing personal two-wheelers. CredR will look to use these tailwinds and its latest funding round to expand its business, invest in technology and leverage the fast growing market for used two-wheelers.

About Incredible Technologies Pvt Ltd. (CredR)

CredR is India’s largest and only omni-channel consumer brand for buying and selling used two-wheelers. Founded in 2015, CredR, aims to simplify the entire process of transacting used two-wheelers, by offering industry-first-in-class products/ services, for building trust in a segment which is highly unorganised and fragmented. The company operates India’s first and largest chain of CredR showrooms across major cities like Pune, Bengaluru, Delhi NCR, Jaipur, Bhilwara, Sikar and Chittorgarh. These showrooms offer customers with a wide range of used, refurbished two-wheelers at the best prices. Using its proprietary technology and full-stack, vertically-integrated business model, CredR is revolutionizing the entire customer experience in the used two-wheeler space.

The company is backed by marquee blue-chip funds such as Yamaha Motors, Astarc Ventures, Eight Road Ventures (Fidelity's proprietary investment arm), Omidyar Network India, BlackSoil, AngelList, K Ganesh (GrowthStory) and angel investors like Amit Agarwal (CEO, Amazon India), Rohit Bansal, Kunal Bahl, Sameer Sawhney and Debajit Das.

About Yamaha Motors Co. Limited

Yamaha Motor (TOKYO: 7272) is a world-leading enterprise manufacturing land-mobility such as motorcycles, all-terrain vehicles, and electrically power assisted bicycles, marine products such as boats and outboard motors, robotics products such as surface mounters and drones, as well as engagement in the finance business. The company’s diverse businesses and wide variety of products are built around its proprietary technologies focused on powertrain, chassis and hull, electronic control, and manufacturing technologies. Yamaha Motor operates global development, production and sales networks through 140 subsidiaries and equity-method affiliates in 30 countries and regions, working to realize our Corporate Mission of being a “Kando* creating a company.”

About 90% of consolidated net sales are generated in more than 180 countries and regions outside of Japan.

*Kando is a Japanese word for the simultaneous feelings of deep satisfaction and intense excitement that we experience when we encounter something of exceptional value.

Gen X And Gen Z Inclined Towards Altruism; Millennials More Environment Conscious: Little Things We Do Study

* Godrej Group’s latest survey ‘Little Things We Do’ highlights how last year’s lockdown revealed how different age groups across the country coped with it in different ways

Different age groups across India dealt with last year’s national lockdown amid the COVID-19 pandemic in their own unique ways, the Godrej Group’s ‘Little Things We Do’ study has found.

A majority of those in the Gen X grouping (59%), aged 45 and above, and the Gen Z (53%) grouping, aged 18-24, turned to altruism, distributing sanitizers, food packets, old clothes, blankets, or medical devices to those in need.

A majority of millennials (54%) made environmentally-conscious actions their top priority. A dissection of the millennials age-group further revealed that younger millennials (25-34) were the most environmentally-conscious amongst all age-groups with 54.83% giving top-most priority to growing plants at home, being conscious of energy consumption and of the environmental impact of the products they purchased.

The ‘Little Things We Do’ research was commissioned by the Godrej Group to highlight how little contributions and their subsequent impact often leaves a lasting mark on our lives.

Almost three out of five (59%) millennials took to a physical or mental fitness activity like yoga, zumba, walking or meditation to keep themselves healthy and happy. At the same time only a small percentage quit vices such as smoking, overspending, junk eating and drinking across all age groups

Only 36% of respondents surveyed said they had quit unhealthy habits. Gen Z fared the worst on this count (34%) followed by Gen X (35%). Eating healthy home-made food due to lockdown restrictions warranted a behaviourial consensus amongst respondents falling in the Gen Z and younger millennials (74%) group in comparison to older millennials (75%) and Gen X (77%).

Sujit Patil, Vice President & Group Head - Corporate Brand and Communications, Godrej, described the research as an insight into the minds of different consumer age-groups in response to a challenging period. He said, “The current pandemic has taken a toll on the lifestyle and aspirations of Indians. People from different age groups, therefore, have started incorporating ‘little’ changes in their lives that can boost mental and physical wellbeing. While some of the age groups have shown great interest towards altruism, others have taken steps to safeguard their own health and wellbeing.

He further added, “There is a scope improvement in the area of hand and product sanitization as only 86% of respondents said they are sanitizing their hands or things as a measure to stay healthy and happy. This does requires a concerted effort from all of us to raise the bar of personal hygiene further. ”

According to the study, confinement and other restrictions have also given time for entertainment and spending time with family: more than a quarter (27.35%) of respondents contented themselves by spending time with family and watching content (26.59%) and nearly a quarter (23.19%) preferred to spend time reading or listening to music. Almost one in every five started cooking as a form of positive therapy.

To stay positive and happy during lockdown, almost 33% of the Gen X-ers surveyed preferred to spend time with family, followed by watching OTT content and TV shows (21%) or listening to music or reading books (23%). In contrast, for other age-groups watching content on OTT platforms or listening to music was their go-to space for happiness.

About Godrej

Established in 1897, the Godrej Group has its roots in India's Independence and Swadeshi movement. Our founder, Ardeshir Godrej, lawyer-turned-serial entrepreneur failed with a few ventures, before he struck gold with a locks business. Today, we enjoy the patronage of 1.2 billion consumers globally across consumer goods, real estate, appliances, agriculture and many other businesses. In fact, our geographical footprint extends beyond Earth, with our engines now powering many of India's space missions. With revenues of over USD 5 billion we are growing fast, and have exciting, ambitious aspirations. For us, it is most important that besides our strong financial performance and innovative, much-loved products, we remain a good company. About 23 per cent of the promoters’ holding in the Godrej Group is held in trusts that invest in the environment, health and education. We are also bringing together our passion and purpose to make a difference through our Good & Green strategy of 'shared value' to create a more inclusive and greener India. At the heart of all of this, are our people. We take much pride in fostering an inspiring workplace, with an agile and high performance culture. We are deeply committed to recognizing and valuing diversity across our teams.

Three Startups Incubated At riidl Received A SEED Funding Of INR 75 Lakhs Through BIRAC

Three startups Beaniesnak Foods Pvt Ltd, Inphlox Water Systems Pvt Ltd, Savemom Pvt Ltd incubated at riidl have received a total of INR 75 Lakhs through the Biotechnology Industry Research Assistance Council (BIRAC) Sustainable Entrepreneurship and Enterprise Development Fund (SEED) funding, Department of Biotechnology, Government of India. BIRAC SEED Funding enables these startups to graduate to a level where they will be able to raise investments from Venture capitalists or seek loans from banks. Thus, the proposed seed support is positioned to bridge promoters investment and Venture/Angel investment. 

Indra Water (Registered as Inphlox Water Systems Pvt Ltd) makes decentralized and modular wastewater treatment & monitoring systems based on their patented physio-electrical process technology. Their work has been recognized globally and they've received awards from Imagine H2O, Columbia University, Millennium Alliance to mention a few. They have ongoing engagements with more than 25 customers and saved 200M+ Liters of water, positively impacting 5,00,000+ people. 

Savemom Pvt Ltd is a med-tech project aimed to reduce 'maternal and infant mortality and morbidity with timely and appropriate care during the First 1000 days with the help of our AI-enabled IoT Kit and Telemedicine software. Our traction from the last 18 months includes 22,856 home-based antenatal care, identified 382 high-risk mothers, 1428 mothers have delivered their babies successfully and we onboard 300 mothers every month. 

Beaniesnak Foods Pvt Ltd manufactures nachos from beans which will aid your health as well as taste benefits with exotic flavours. The key aim is to provide 5 benefits incorporated in one single snack (Healthy, tasty, filling, inexpensive, high-protein). They aim to replace the snacking habits of the customers who rely on processed foods like potato chips, and many fried snacks available in the market. This is the only brand in India that is currently making bean nachos and is a healthy alternative to corn nachos. It's gluten-free, vegan & consists of proteins and fibres. 

Gaurang Shetty, Chief Innovation Catalyst, riidl said, “Our startups are on track to empower millions by enabling access to affordable healthcare, sustainable food, Cleantech solutions for our environment and other impact-driven solutions. Their products have won national and international accolades and are getting good traction. We hope to support more early-stage entrepreneurs through our programs.”

riidl is a technology business incubator that supports the creation and incubation of early-stage companies from ideation to commercialization by providing them with resources, labs, government grants, investor connections, funding and mentorship. 

Bioriidl has set up India’s First and only Do-It-Yourself Biolab, and a Bio-Incubator at riidl, an incubation cell for Biotechnology startups, working on projects in various stages of incubation from development stage to testing. 

About Somaiya Vidyavihar University: 

Padma Bhushan Karamshi Jethabhai Somaiya founded Somaiya Vidyavihar, an education trust in 1959, to provide quality holistic education. It was founded on the belief that education is an important pillar of nation-building with the power to change lives, and education must innovate to encourage the holistic development of youth. It is known as much for its Science, Technology, Engineering, Management, Social Sciences, and Commerce programs, as for its programs for academic studies in various faiths and cultures of India. 

With over six decades of rich experience in building and managing educational institutes of great repute, Somaiya Vidyavihar has become a Private University in 2019, bringing all of its self-financing higher education institutions and the self-financing programs at the undergraduate and postgraduate level under one umbrella. The University was enacted by an Act of the Maharashtra State Legislature and approved by the University Grants Commission, Government of India.

Kyndryl Names Lingraju Sawkar As The New President Of India

Kyndryl, the independent public company that will be created following the separation of IBM's Managed Infrastructure Services business, today announced that it has appointed Lingraju Sawkar as President of Kyndryl in India.

Mr. Sawkar’s appointment is a key step in creating Kyndryl’s new global leadership model, which has been simplified to accelerate decision-making and bring expertise and skills closer to its customers.

“Kyndryl will organize around our customers and ensure we are providing access to senior leadership and the best talent and skills in each market,” said Kyndryl’s Chief Executive Officer Martin Schroeter. “I am pleased that Lingraju will lead our team in India, a key market and innovation base for Kyndryl. His strong customer relationships and knowledge of the services market will be critical as we help our customers reach their peak digital performance and achieve their biggest ambitions.”

Mr. Sawkar has an established record in the region of successfully helping customers address their most important business challenges. Presently he is General Manager of IBM Global Technology Services for India/South Asia, India’s leading Services Integrator for IT Infrastructure Managed Services. He previously led the transformation of IBM Global Technology Services in India/South Asia, establishing it into a next-generation services value integrator. Mr. Sawkar’s experience and ability to effectively lead talented technology teams as they work with new and innovative technologies will help Kyndryl uncover new, intelligent and effective value for its customers.

“I am very excited  to take on this role  to serve our customers’ technology transformations which is a great responsibility because these are the vital systems that power human progress,” said Lingraju. “Together we will address our customers’ toughest challenges and help lead their transformation journeys.”

To ensure not only its leadership but also its offerings are closely aligned with customer needs, Kyndryl also announced it will create an integrated global practice for customers, combining managed services, advisory services and implementation. The company is organizing into six global practices, including Cloud; Core Enterprise & zCloud; Applications, Data & AI; Digital Workplace; Security & Resiliency; and Network & Edge.

These announcements are important milestones that will prepare Kyndryl for future success – nothing will change with the IBM Global Technology Services business until after responsibility passes to the Kyndryl team. Other key leadership and reporting structure announcements will follow in the near future.

Kyndryl designs, runs and manages the most modern, efficient and reliable technology infrastructure for the world's most important businesses and organizations, with the industry's most experienced services experts. Its previously announced separation is expected to occur by the end of 2021. For more information, visit www.kyndryl.com

Hero Motocorp Sells More Than A Million Units In Q1 Of FY’22 Despite COVID-19 Related Disruptions

* Sells More Than 4.6 Lakh Motorcycles & Scooters In June 2021

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has commenced the Financial Year (FY) 2021-22 with sales of over a million units during the first quarter (April-June).

During this quarter, the auto industry witnessed significant disruptions triggered by the second wave of the Coronavirus pandemic, restricting movement of logistics and dampening customer sentiments.

Despite the unprecedented challenges, Hero MotoCorp sold 10,24,507 units of motorcycles and scooters in the first quarter of the fiscal – reflecting the strong resilience of the Indian economy and the inherent market demand for personal mobility.  

With the gradual easing of the COVID-19 related restrictions and lockdowns across key markets in the country, the company witnessed a strong rebound in the month of June to sell 469,160 units of motorcycles and scooters.

In compliance with the guidelines as prescribed by state and local authorities, almost all of the customer touchpoints of Hero MotoCorp are now operational, with strict safety measures and protocols in place.

Heading into the upcoming festive season, the company remains cautiously optimistic about the customer demand in the coming months. The expected surge in personal mobility, forecast of a normal monsoon in several parts of the country and the improving rural sentiment are expected to lead to a swift revival in sales.

Hero MotoCorp highly appreciates the positive interventions by the government to revive the economy and provide support to industries impacted by the second-wave of COVID-19.

Till date, 92% of the entire workforce of Hero MotoCorp has been vaccinated with the first dose.

  June’ 21 June’20 YTD FY’22 YTD FY’21

Motorcycles       4,41,536  4,18,141    9,59,589       5,24,179

Scooters          27,624     33,842        64,918          40,486

Total      4,69,160 4,51,983 10,24,507       5,64,665

Domestic       4,38,514  4,30,889     9,40,707       5,39,737

Exports          30,646     21,094        83,800          24,928

April-June 2021 Highlights

Operations • The company initially extended the shutdown at its manufacturing facilities across India, its Global Parts Center (GPC) in Neemrana and its R&D facility – the Centre of Innovation and Technology (CIT) in Jaipur till May 16, 2021

• The company gradually resumed its operations from May 17’ by starting single shift production at three of its plants – Gurugram and Dharuhera in Haryana and at Haridwar in the northern hill state of Uttarakhand

• The company resumed production at all its manufacturing plants in India from May 24, 2021 onwards

• Hero MotoCorp proactively paused its operations temporarily during the second wave at all of its manufacturing facilities across the country, including its Global Parts Center (GPC), in view of the ongoing escalation in the spread of Covid-19 across the country

Global Business • The company strengthened its Global Business Operations

o Kewalram Chanrai Group becomes an exclusive distributor of Hero MotoCorp in Nigeria. Launched the ‘developed for Nigeria motorcycle’ Hunter

o MOVESA becomes an exclusive distributor partner of Hero MotoCorp in Honduras. Will offer comprehensive product portfolio in the country across the premium, commuter, on-off road motorcycle segments

o KIPESA becomes an exclusive distributor partner of Hero MotoCorp in Nicaragua

Partnerships • Hero MotoCorp announced a strategic partnership with Gogoro® Inc. to accelerate the shift to sustainable electric mobility in India

• The joint venture to bring Gogoro’s industry leading battery swapping platform to India and collaborate on electric vehicle development to bring Hero branded, powered by Gogoro Network vehicles to market

Customer Outreach Programs • Hero MotoCorp launched a new challenge under its Hero CoLabs platform - The eXPerience Challenge.

• Under this, the participants were required to showcase their vision for a NextGen sales and after-sales customer experience, catering to the new innovative and exciting products and mobility solutions from Hero MotoCorp

• Hero MotoCorp extended the duration of all its warranty and free services to ensure that customers are not required to visit dealerships in a rush to avail of the services

• This was also in keeping with its commitment to the safety and welfare of its people, its customers and to break the chain of the spread of Covid-19

Harley-Davidson • Hero MotoCorp along with Harley-Davidson announced the H-D 2021 Model Year Pricing

• Introduced the Pan America Adventure Tourer along with bookings open for the 2021 range

Digital Initiatives • Hero MotoCorp launched a comprehensive range of sales and aftersales services on the messaging app – WhatsApp. Customers can avail a host of services from an easy-to interact menu-based chat-bot that can be accessed 24*7 on the messaging platform

• The company launched Virtual Showroom feature to provide an Immersive Digital Buying Experience to customers. The feature will enable customers to discover, engage and purchase Hero’s motorcycles and scooters through a seamless digital experience

CSR Initiatives • Under its CSR platform “Hero We Care”, Hero MotoCorp extended its support to the Community Health Centre (CHC) at Satyavedu in the Chittoor district of Andhra Pradesh, by providing 50 additional beds and medical equipment.

• Sri Koneti Adhimulam, Honorable MLA of Satyavedu inaugurated the new upgraded COVID Care Center facility

• Under “Hero We Care”, Hero MotoCorp partnered with the District Administration of Gurugram in Haryana to set-up a makeshift 100-bed Covid Care Centre in the city

• Hon’ble Chief Minister of Haryana, Shri Manohar Lal inaugurated the Covid Care Centre

• The Company signed a Memorandum of Understanding (MoU) with the Municipal Corporation of Gurugram (MCG) in Haryana for the ecological restoration and conservation of the Aravali Biodiversity Park

• Partnered with the Ramakrishna Mission Sevashrama, Kankhal (RMSK) at Haridwar in Uttarakhand for strengthening their healthcare system and response to Covid-19 with 122-bed Covid-hospital

• Hero MotoCorp provided its motorcycles and scooters for safe, personal commuting by health workers and medical staff in several states, including Delhi & NCR, Haryana, Uttarakhand, Rajasthan and Gujarat

• Contributed oxygen cylinders for emergency medical use by some of the hospitals in Delhi and Haryana along with donating PPE kits to several states

People First • Initiated Covid-19 vaccination drive across the organization, including its permanent and contractual employees

• The Company also facilitated similar vaccination initiative across its group companies such as Hero FinCorp, Hero Future Energies, Rockman Industries, Hero Electronix and AG Industries

• In order to ensure the safety of people across its ecosystem, Hero MotoCorp also worked closely with its dealers and supply chain partners to facilitate similar vaccination for their employees

Hero MotoSports • Hero MotoSports Team Rally completed the Rally Kazakhstan with all three riders finishing the rally inside the top 10 positions

• Joaquim Rodrigues, won the final stage of the rally, Rodrigues finished the Rally in seventh place, Caimi in eighth and Buhler in ninth place in the overall rankings

• Hero MotoSports Team Rally completed their first rally of the new season on a strong note with two of its riders finishing in the Top 5 in overall standings. Joaquim Rodrigues and Franco Caimi, placed fourth and fifth respectively

Union Minister of Finance Nirmala Sitharaman Visits Boeing-Supported COVID-Care Facility In Yelahanka, Bengaluru

Union Minister of Finance Smt. Nirmala Sitharaman today visited the Boeing-supported COVID-care facility in Yelahanka, Bengaluru. The 100 oxygenated-bed hospital at Karnataka State Power Corporation Ltd. (KSPCL) has been e stablished by Boeing India, in partnership with the Government of Karnataka, Doctors For You (DFY) and SELCO Foundation, for public healthcare support in the region.

The COVID-care facility was inaugurated on June 19 in the presence of Shri D.V. Sadanand Gowda, Union Minister of Chemicals and Fertilizers and Shri B.S. Yediyurappa, Chief Minister of Karnataka. The hospital was built from ground up in 20 working days and will treat mild-to-moderate COVID-19 cases. Of the 100-oxygen beds, 10-beds are dedicated for ICU services and 20-beds for High Dependency Units (HDU) ward. Boeing India funded the facility, DFY is providing the necessary staff and care, SELCO Foundation set up the pre-fabricated facility, and KSPCL provided the land necessary for the hospital. Boeing has also provided medical equipment, including CT scanners, ventilators, oxygen cylinders and concentrators, flow meters, and ambulances to the hospital.

The KSPCL campus in Yelahanka was chosen because of its proximity to an already existing oxygen generation plant. The design and construction of the hospital has been done in an environmentally friendly manner – building materials were chosen to maximize thermal comfort for patients and hospital staff. Day lighting and solar power for night-time electricity requirements ensures reliability and efficiency.

Boeing launched a $10 million emergency assistance package on April 30 to support India's COVID-19 response. As part of its COVID relief efforts, Boeing is working with central and state governments in India, and with international relief organizations to set up COVID-19 care hospitals and provide medical supplies for the treatment of patients. The Yelahanka COVID-care facility is the first such hospital to be inaugurated under this initiative.

About Boeing

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity.

Boeing’s presence in India goes back to more than seven decades. The company remains committed to delivering value to Indian customers with advanced technologies and to building a strong indigenous aerospace ecosystem by developing local suppliers and shaping academic and research collaborations with Indian institutions. Boeing’s advanced aircraft and services play an important role in the mission-readiness of the Indian armed services.

Boeing’s local sourcing totals $1 billion annually from a large and growing network of 250 local companies that manufacture critical systems and components for some of Boeing’s most advanced products, including the 787 Dreamliner and 777 family of aircraft. The Tata-Boeing joint venture manufactures fuselages for Apache helicopters and recently added a new production line to produce vertical fin structures for the 737 family of airplanes. Through local community engagement we are bringing impactful change to more than 300,000 lives in India.