FaMe TN And WRI India Sign MoU To Prepare MSMEs In Coimbatore’s Automotive Sector For EV Transition

In the Regional MSME Meet hosted at Tiruppur today, Facilitating MSMEs (FaMe TN; formerly, MSME Trade and Investment Promotion Bureau) chaired by state’s Micro, Small and Medium Enterprises (MSME) Secretary Mr Arun Roy (IAS), signed an memorandum of understanding (MoU) with environmental research organization World Resources Institute (WRI) India.

WRI India and FaMe TN will work together to support the low carbon transition of MSMEs in Coimbatore’s automotive sector and help them adopt Electric Vehicles (EVs), through research, capacity building and skilling. The MoU was signed in the presence of Tamil Nadu Chief Minister Mr M.K Stalin, who also inaugurated other initiatives for the benefit of MSMEs.

As India’s automotive sector moves towards EVs, it is likely to create risks and opportunities for the Internal Combustion Engine Vehicle (ICEV) MSMEs and their workers. However, they need to be prepared with the right knowledge and capacities, to adapt to the transition and tap into new opportunities.

Coimbatore being an important ICEV cluster and an emerging EV cluster in the state, as well as a major employer in the automobile industry, has been selected to become a pioneering example of a green automotive cluster where an equitable and just EV transition will be prioritized.

This initiative will support MSMEs through research on risks and mapping the sectoral transition, building capacities on decarbonizing their operations, accessing climate finance and skilling for the MSMEs and their workers for the emerging sector.

As the EV transition gathers further momentum, MSMEs in other key ICEV clusters across various states, are likely to face similar impacts and would require such interventions. Learnings from the Coimbatore cluster would help inform how capacities of the MSMEs can be systematically mapped and the kind of technical and network support required by them to undergo the necessary shifts smoothly and in an equitable manner.

Ms. Ulka Kelkar, Director, Climate Program, WRI India, said, “The low carbon transition can create challenges but also opportunities for the automotive and textile sector MSMEs. It is important understand what this transition would mean for profitability of small businesses and jobs for workers and ensure MSMEs have a robust ecosystem, and have access to technology, finance, skilling and policy support.”

WRI India will engage with FaMe TN and other key stakeholders, such as MSME associations, manufacturers, large businesses and academic institutions, to undertake transition and risk mapping, skill gap assessment, and support the development of skilling modules, to ensure a smooth and just transition for the MSMEs in Tamil Nadu.”

Ms. Sigy Thomas, Managing Director, FaMe TN stated that FaMe TN is being launched with a focus on specific pillars to support MSMEs. “One of these pillars is to support MSMEs realign with changing market needs and adopt new technologies. This program with WRI will help our MSMEs in the automobile and textiles sectors be prepared to face challenges that are likely to come their way with a transition to EVs and the move to more climate-friendly supply chains in the textile sector,” she said.

Dr. OP Agarwal, CEO, WRI India added, “Coimbatore’s automotive industry is a major business hub and an employment generator not just in Tamil Nadu but in India as well. Systematic training, skilling and capacity building will make the sector’s low-carbon transition efficient and economically beneficial for the people. By doing so, Tamil Nadu can support India achieve its climate goals and set an example for other states to follow.”

About World Resources Institute India

WRII is a research organization that turns big ideas into action at the nexus of environment, economic opportunity, and human well-being. Know more: Wri-india.org

About FaMe TN

Facilitating MSMEs (FaMe TN) (formerly, MSME Trade and Investment Promotion Bureau) was established in September 2019 with the intent to promote trade, investments, and exports in the MSME (Micro Small and Medium Enterprise) sector in Tamil Nadu. The organization supports MSMEs in various aspects related to their business, including discovering new market opportunities for products of MSMEs in the overseas market, facilitating Government clearance processes, providing new and innovative solutions for bottlenecks in technology, finance and management. Headquartered in SIDCO Corporate Office Building at Guindy in Chennai, Tamil Nadu, the bureau is headed by the Secretary to the Government, MSME Department (Micro Small and Medium Enterprises) as its chairman.

Godrej Security Solutions Study Reveal That 31% Bengaluru Respondents Associate Home Security To Being ‘Safe & Sound’

~Boosts investment in technology and innovation to bridge the gap between awareness and adoption of home security solutions~

What does ‘Safe & Sound’ mean? Since the pandemic, there has been a massive shift in India’s security habits. Even though the crime rates continue to rise, Indians prioritize health and physical security over home security. Given the increasing gap between the awareness and adoption of home security, Godrej Security Solutions, a business of Godrej & Boyce, the flagship Company of the Godrej Group, has conducted a study called ‘Decoding Safe and Sound: in the Indian Context’. The study reveals that ‘Safe and Sound’ to Indians are based on three key contexts: Health wellbeing, property security and technology safety. 55 % of Bengaluru respondents associate ‘Safe and Sound’ to the wellbeing of their own health and to that of their loved ones.

With the pandemic easing out and people moving out of their homes, it was shocking to know that only 31 % of the Bengaluru respondents associated Safe and Sound to their property and possessions. The focus on health wellbeing was re-emphasized when 30 % of Bengaluru respondents said that they were most likely to opt for contactless options even while looking at home security solutions. Godrej Security Solutions has in the past two years introduced a range of contactless security solutions. The category has seen a 20% Y-o-Y growth in sales. The study also revealed that men were more disposed to opting for contactless solutions than women.

It must be noted that when a similar study was conducted by the brand in 2021, more than 80% of respondents were concerned about the health and wellbeing of their family members while travelling as against the security of their homes from theft or robbery. In this year’s report, the response is far more balanced. This is believed to be the result of the pandemic easing out.

Mr Pushkar Gokhale, Business Head at Godrej Security Solutions said, “With rising crime rates it’s important to focus on physical as well as network home security. With emergence of technology, there are an abundance of home security solutions in the market. However, what we have gathered from the study is that while there are solutions, there is a huge gap in the awareness and adoption of these technological solutions. The main objective behind this survey was to bring forth to people the need for security, make them aware of the solutions that are there in the market and how home security solutions can lead to a safer, more convenient, and flexible routine.

In spite of the global attention to data privacy, only 0.13 % of Bengaluru respondents associated Safe and Sound to data security. Last year, Godrej Security Solutions disrupted the home security market by launching India’s most secure range of home cameras that transfer data over secure cloud servers based in India as contrary to most other home CCTV options that store data in severs located outside the country. The brand saw a 40% uptick in CCTV sales in the past one year.

Godrej Security Solutions commissioned this survey across 7 cities in India. A key insight that emerged from the study was that there is a strong need for phygital solutions. The leading security brand will be aligning their product development and communications basis the study.  The brand has increased its investment on technology and innovation by 50% over last year with a strong focus on adopting global technology to bring disruptive security solutions to the Indian consumer.

About Godrej Security Solutions:

Godrej Security Solutions is a division of Godrej & Boyce Mfg. Co. Ltd and part of the USD 4.1 billion Godrej Group. A pioneer and leader in the business, Godrej Security Solutions Division is the largest manufacturer and marketer of Security Solutions in India. It is the largest supplier of security solutions to several prestigious banking, corporate and public institutions. For the first time in the category and the industry, Godrej Security Solutions Division has been awarded the Superbrand status. It has also won the “Most Preferred brand” award in the Home Segment. The Division currently exports its products to over 45 countries including Middle East Asia, South East Asia, Far East Asia, East Africa, the US, Europe and the SAARC Countries.

Champions Of A Better Tomorrow – Five Pioneer Social Innovators Are Finalists Of Social Entrepreneur Of The Year Award India 2022

The Schwab Foundation for Social Entrepreneurship and Jubilant Bhartia Foundation announced the finalists of the 13th Social Entrepreneur of the Year Award 2022 today.

The following highly accomplished individuals with their transformational social ventures have been selected as the finalists:

1.        Osama Manzar

Digital Empowerment Foundation, www.defindia.org

2.        Ajaita Shah

Frontier Markets, www.frontiermkts.com

3.        Aniket Doegar

Haqdarshak, www.haqdarshak.com

4.        Wilma Rodrigues

Saahas Zero Waste & NGO Saahas, www.saahaszerowaste.com, www.saahas.org

5.        Meera Shenoy

Youth4Jobs, www.youth4jobs.org

The winner of the ‘13th Social Entrepreneur of the Year’ (SEOY) Award - India 2022 will be announced in an event on Thursday, 15 September 2022. The award ceremony will be attended by dignitaries from various fields, across the globe to celebrate and appreciate the extraordinary contribution of these passionate individuals.

The SEOY award aims to honour and recognise accomplished social change leaders across a diversity of large-scale, system change and social innovation models in society. These change leaders are key enablers of an inclusive, sustainable and equitable world.

The winner of the SEOY Award - India will join the world’s largest and the first inter-sectoral community of social innovators in the world affiliated with the Schwab Foundation for Social Entrepreneurship. The Winner and Finalists of SEOY India will also get an opportunity to apply for the Hindustan Times Fellowship for the Stanford Seed Transformation programme. 

This year’s finalists of the SEOY Award India, are inspiring, visionary individuals who met various stringent criteria of evaluation for their selection. The chosen finalists are technology-enabled experts working for the underserved in fields of digital literacy and empowerment (financial inclusion), financial technology, agricultural technology, e-commerce, rural

technology, social protection, livelihood, waste management, education and skilling and advocacy for people with disability.

Using creativity and innovation in their respective initiatives, these social entrepreneurs are delivering impact through the use of technology, market-linked skilling, large-scale advocacy, innovative expansion of the market, data analysis etc.

The SEOY award – India 2022 opened for applications in February 2022 and received over 100 submissions, out of which over 60% are women. The diverse categories of the interventions included healthcare services, clean technology, media communication, disability, energy, enterprise development, labour conditions, microfinance, nutrition, sustainable farming, and water and sanitation.

Over the last decade the SEOY Award – India, has established itself as one of the most reputable awards for social entrepreneurs. This year the award celebrates its 13th year. In 2010, the Schwab Foundation for Social Entrepreneurship and Jubilant Bhartia Foundation came together to promote social innovation in India through the Social Entrepreneur of the Year (SEOY) Award – India and has since recognised and supported the growing field of social innovation in India.

Meet the Finalists:

Osama Manzar

DIGITAL EMPOWERMENT FOUNDATION; www.defindia.org

Year Established: 2002

Sector: Digital (Access & Infrastructure, Education & Empowerment, Governance & Citizen services, Markets & Social enterprises, Research and Advocacy, Knowledge Hub & Networking)

Digital Empowerment Foundation (DEF) is a non-profit organisation working towards empowering citizens through digital literacy and digital tools to gain access to better healthcare, education, skills and livelihood opportunities. DEF focusses on making technology easily accessible to the masses, so as to empower women, youth, persons with disabilities, artisans and the elderly through providing functional digital literacy, media literacy and digital up-skilling across agriculture, micro and nano-businesses, health, education, livelihood and entrepreneurship. Over the last 20 years, DEF has directly impacted over 30 million people, through its 1,500 strong Community Information Resource Centers. These centers are supported by a widespread network of 10,000 digital foot soldiers located across 24 states and 135 districts in rural, tribal, marginalised and unreached areas

Ajaita Shah, FRONTIER MARKETS; www.frontiermkts.com

Year Established: 2011

Sector: FinTech/AgriTech/E-commerce/Rural-Tech

Frontier Markets through its unique rural distribution platform, is driving access to the products and services that the rural population wants to be delivered at their doorstep. These products and services are high quality, climate friendly, gender-inclusive and also include clean energy-services. It is doing so by investing in rural women, making them entrepreneurs and building a strong network, which acts as a bridge to rural communities. The delivery is enabled via its e-commerce platform specially designed to cater to the rural population that remains unreached by mainstream e-commerce platforms and hence inevitably being denied an opportunity to change, evolve and grow. Frontier Markets has enabled over 20,000 women rural entrepreneurs to help over 500,000 families in over 3000 villages adopt over 10 million solutions. 

Aniket Doegar, HAQDARSHAK; www.haqdarshak.com

Year Established: 2006

Sector: Social protection, financial inclusion, livelihood

Haqdarshak is solving the information and access gap between citizens and the government’s welfare schemes at the last mile, through its tech-enabled intervention. It digitises information on government schemes in a simple form in 11 vernacular languages and makes it available to intended beneficiaries including MSMEs through various B2C channels and an agent-led model. It also has an easy eligibility-discovery engine that identifies eligible schemes based on the profile information provided. Haqdarshak also enables an extensive agent network to deliver last-mile support in accessing these schemes and trains these select field agents for on-field implementation. Present in 24 states in India it has trained over 22,800 agents so far and provided benefits worth Rs 4,000 crore for over 20 lakh families and 35,000 micro businesses.

Wilma Rodrigues, SAAHAS ZERO WASTE & SAAHAS NGO, www.saahaszerowaste.com, www.saahas.org

Year Established: 2013 & 2001

Sector: Waste management

Saahas Zero Waste (SZW) is a socio-environmental enterprise that provides decentralised end-to-end waste management services. With the belief that waste is a resource and through its holistic solutions, SZW strives to ensure that more than 95% of waste is converted to resources, thus addressing the issue of open dumping, burning, landfilling and contamination of air, water and soil. SZW was also one of the first movers in India in formalising the waste management industry. It branched out of Saahas NGO in 2013 and currently both organisations are independent entities working towards holistic solid waste management. Together, they have over 20 years of experience, work with over 100 clients across 22 states and 2 union territories, managing an average of 100 tonnes of waste per day.

Meera Shenoy, YOUTH4JOBS, www.youth4jobs.org

Year Established: 2012

Sector: Livelihoods & Education for persons with disabilities

Youth4Jobs Foundation (Y4J) works for grass-root transformation of lives of persons with disability by skilling and linking them to sustainable livelihoods.  Youth have locomotor, speech, hearing and visual impairment.  Some have cerebral palsy, autism spectrum, downs syndrome, and multiple disabilities. Y4J  works with 1100 companies to ensure the hired youth is productive and it benefits business. Today, it is  a ‘System-Changer’ with a pan-India presence, scale and high impact, changing attitudes and lives. Youth4Jobs has trained over  31,647  youth with disabilities with job linkages.  22% trainees are from  SC , ST category and 30% are women. Y4J has reached 9.3 million households in 28 states, 8 Union Territories, 12,026 villages, 579 districts and 3,452 mandals.  It is setting up ‘SwarajAbility’, an AI-triggered accessible job platform for youth with disabilities.

CII Is Organizing Innoverge 2022 - Engineering Imagination - Its 18th Innovation Summit In Bengaluru From Aug 25-27, 2022

The 18th edition of CII’s Flagship India Innovation Summit reimagined as ‘Innoverge’ with the theme ‘Engineering Imagination’ commenced today in Bengaluru. The summit aims to create a stage for industry captains, academia technocrats, young innovators and policy makers to participate and deliberate on the nuances of innovation.

The three-day summit will inspire collaborations and ideation by bringing a cross section of stakeholders to engage, share, understand and learn about the futuristic and imaginative world of high-end innovations.

CII Innoverge 2022 is an enhanced version of the earlier editions and includes showcasing of innovations through the Innoverge 2022 exhibition, which provides attendees the opportunity to experience the demos of leading innovations across various sectors.

The Chief Guest for CII Innoverge 2022 Dr C N Ashwath Narayan, Hon’ble Minister of Electronics, ITBT & S&T, Higher Education, Skill Development, Entrepreneurship and Livelihood, Government of Karnataka cited “We are working very closely with the industry and the industry is always part of the government. We need to expand our economy. We want to make it inclusive and equitable and the government needs to understand the language of innovation in a better way. We have come up with Engineering and R&D policy. Since I am working in convergence with many ministries, I can connect higher education with the industries and bring them closer to each other. Innovation is the way forward and it should become a culture in our society.”

Further he also highlighted Karnataka being the top rank in NITI Aayog’s India Innovation Index, 2022, which determines innovation capacities and ecosystems at the sub-national level. The State has held this position, under the Major States category, in all three editions of the Index so far.

Mr Kris Gopalakrishnan, Past President, CII & Co-Founder, Infosys & Chairman, Axilor Ventures said, “the Summit will present Innovation-led growth strategies that have catalyzed the evolution of Indian Industry, making Indian companies emerge as global leaders in creating the momentum to drive the digital era. India’s innovation landscape has undergone a remarkable transformation in the past few years. The adoption of new innovative technologies has helped India become the third-largest startup ecosystem in the world.”

Further he also mentioned, India’s performance has been consistently improving in fostering innovation, as attested by the ranking in the Global Innovation Index (GII) 2021, where India moved up two positions since 2020. The recent India launch of Global Innovation Index 2021, India ranked 46th in the innovation index amongst 132 economies. India also secured the first rank in central and southern Asia.

Mr Kamal Bali, Deputy Chairman, CII SR & President & MD Volvo Group India said, “An Innovation mindset together with emerging technology is the key to maximizing business outcomes. India already plays a significantly defining role in the global R&D arena, and with our growing innovation ecosystem, we are poised to emerge as the most sought-after destination for scientific research.”

We have legions of Indian engineers who are working in various countries exemplifying the well-trained manpower available at competitive costs. As a result, many MNCs have shifted their R&D base to India. The vast human capital puts India at a vantage point, while making us dependent on our own ability to ideate, create, network and collaborate with other nations to deliver better results.

Mr Arvind Kumar, Director General, Software Technology Parks of India said “Startups are the key in the innovation ecosystem. India has potential to become a data centre hub for the Asia-Pacific region and we are located strategically where we will provide an enabling environment. STPI had already established about 20 Centres for Entrepreneurship to promote research and development in specific domains. Located in different cities, these centres helped the local experts to work on products in technologies like IoT and Blockchain”

Mr Arjun M Ranga, Chairman, CII Karnataka & Director, NR Group and MD, Cycle Pure Agarbathi, elaborating on the summit said, “Karnataka is on the right path with a strong regulatory framework, skilled personnel, and capital to support an environment of entrepreneurship and innovation-driven startup ecosystem. Improved digital connectivity across the country, along with government initiatives such as ‘Digital Saksharta Abhiyan’ to encourage digital literacy, has further promoted the growth of technology start-ups.”

The 3-day event will host thought leadership addressing 15 power pack sessions on the Global Innovation Landscape, Advanced Manufacturing, and the Future of industry sectors such as mobility, healthcare, sustainability and education. A masterclass on AI etc, besides showcasing innovation in different industries as a part of the agenda. The session format will be a mix of keynotes, case studies and panel discussions with strong academic engagement. The summit will be addressed by CEOs, industry experts and distinguished academia.

The summit will harness innovation for organizational growth on a one-of-a-kind platform and the attendees can learn from experts about the best ways to invest in innovation and learn how businesses are adopting high-end technology to maximize business outcomes. The summit's program will also include a conference, exhibition, master class, fireside discussion, and other activities between the private sector, academia, and policymakers.

More details on Innovation Summit at given website link www.innovationsummit.co.in ;

Follow updates on https://www.youtube.com/channel/UCC4xVjqNHGTrahfAHtsz7Mw;https://mobile.twitter.com/ciisummit1; https://www.linkedin.com/company/indiainnovationsummit/

About CII

The Confederation of Indian Industry (CII) works to create and sustain an environment conducive to the development of India, partnering Industry, Government and civil society, through advisory and consultative processes.

CII is a non-government, not-for-profit, industry-led and industry-managed organization, with over 9000 members from the private as well as public sectors, including SMEs and MNCs, and an indirect membership of over 300,000 enterprises from 294 national and regional sectoral industry bodies.

For more than 125 years, CII has been engaged in shaping India’s development journey and works proactively on transforming Indian Industry’s engagement in national development. CII charts change by working closely with Government on policy issues, interfacing with thought leaders, and enhancing efficiency, competitiveness and business opportunities for industry through a range of specialized services and strategic global linkages. It also provides a platform for consensus-building and networking on key issues.

Extending its agenda beyond business, CII assists industry to identify and execute corporate citizenship programmes. Partnerships with civil society organizations carry forward corporate initiatives for integrated and inclusive development across diverse domains including affirmative action, livelihoods, diversity management, skill development, empowerment of women, and sustainable development, to name a few.

As India marches towards its 75th year of Independence in 2022, CII, with the Theme for 2021-22 as Building India for a New World: Competitiveness, Growth, Sustainability, Technology, rededicates itself to meeting the aspirations of citizens for a morally, economically and technologically advanced country in partnership with the Government, Industry and all stakeholders.

With 62 offices, including 10 Centres of Excellence, in India, and 8 overseas offices in Australia, Egypt, Germany, Indonesia, Singapore, UAE, UK, and USA, as well as institutional partnerships with 394 counterpart organizations in 133 countries, CII serves as a reference point for Indian industry and the international business community.

Photo caption: Dr C N Ashwath Narayan, Hon’ble Minister of Electronics, ITBT & S&T, Higher Education, Skill Development, Entrepreneurship and Livelihood, Government of Karnataka at the Inauguration of CII Innoverge 2022, Innovation Summit. Also seen are Mr Kris Gopalakrishnan, Past President, CII & Co-Founder, Infosys & Chairman, Axilor Ventures, Mr Kamal Bali, Deputy Chairman, CII SR & President & MD Volvo Group, Mr Arvind Kumar, Director General, Software Technology Parks of India, Mr Arjun M Ranga, Chairman, CII Karnataka & Director, NR Group and MD, Cycle Pure Agarbathi. 

Indian SaaS Startup Kapture CRM Expands Its Business In Indonesia

* Kapture aims to help Indonesian companies to deliver what their people deserve and seek, that is “a delightful customer service experience”.

Strengthening its global presence, Kapture CRM is all set to expand its foothold in Indonesia. The leading enterprise-grade, SaaS-based service automation platform is gaining a lot of interest from the region, and to cater to the demand, it has set up its office in Jakarta. Kapture offers to assist organizations in better understanding their customers, capitalizing on digital/technology investments and analytics, and seizing the chance to engage customers in a highly personalized way that can lead to higher customer conversion and retention.

To efficiently match the needs of global markets and form stronger ties, Kapture has already mastered the art of balancing cultural alignment with operational logistics to scale internationally. With this development, the company aims to make Indonesia a 5 million recurring revenue and create a significant presence in the entire EMEA market in the upcoming years.

Elaborating on this, Sheshgiri Kamath, CEO, and Co-Founder, Kapture CRM said,” There is a lot of similarity between India and Indonesia in terms of demographics, the kind of companies, and the gap in customer service. Indonesia is very open to better technology, digital transformation is picking up rapidly, and entrepreneurship is at its peak. Our research over the past year tells us that customers are looking for better customer service and companies want to provide personalized customer service but this is not turning into a reality, and we are trying to bridge that gap with Kapture. We want to be a testament to providing superior customer service that does not have to be complex, either technologically or financially."

As a part of its Indonesia plans, Kapture has appointed Sai Jayachandra as the country manager. The company has onboarded Budi Mulia as its Head of Business Development who has rich experience in leading sales teams, customer success teams, and implementation teams across multiple software products. Kapture CRM will provide its solutions across sectors like retail, e-commerce, consumer durables, healthcare, medical devices, travel and hospitality, real estate, FMCG, banking, and financial services.

The company is successfully helping 1000+ brands in 16 countries to make customer service more intelligent and contextual. Kapture has also established its presence in Singapore and has been acknowledged recently in the Middle East region.

Motherson And Kingdom Of Saudi Arabia To Work Together To Evaluate Opportunities For Industrial Development In Saudi Arabia

Samvardhana Motherson International Limited (SAMIL) [Formerly Motherson Sumi Systems Ltd.] and Ministry of Investment, Kingdom of Saudi Arabia (MISA), have signed a Memorandum of Understanding ("MoU") which aims to identify investment development opportunities for industrial and service activities in the Kingdom of Saudi Arabia (KSA).

The MoU encourages joint cooperation by SAMIL and MISA in the development of automotive parts industry in the Kingdom of Saudi Arabia (KSA). Both partners will also explore the investment opportunities in other industrial sectors as well.

Ministry of Investment, Kingdom of Saudi Arabia (MISA) is responsible for the investment affairs in Kingdom of Saudi Arabia. Under the scope of this MoU, MISA will provide necessary support to Motherson to identify potential areas of investments in the KSA.

Commenting on this partnership, Mr. Fahad Alnaeem, Deputy Minister for Investment Development, MISA, said, “This MoU attributes to complement the efforts made in the development of the auto industry in Kingdom of Saudi Arabia. We shall continue exploring collaboration opportunities with Motherson in different sectors.”

Commenting on this partnership, Mr Vivek Chaand Sehgal, Chairman, Motherson, said, “Motherson believes in creating its own path. We feel honoured and delighted to be partnering with Kingdom of Saudi Arabia (KSA). Together with Ministry of Investment, Kingdom of Saudi Arabia (MISA), we are looking forward to creating the industrial ecosystem for automotive and other industries in the KSA. We thank MISA for their encouragement and support to industries in the region and their trust in the abilities of Motherson.”

Ministry of Investment, Kingdom of Saudi Arabia

“The Ministry of Investment of Saudi Arabia (MISA), formed in February 2020, has been working closely with investors and all key stakeholders with the objective of substantially enhancing the investment ecosystem in Saudi Arabia to drive economic growth in line with Vision 2030, with a focus on productive and competitive sectors, and a stronger role for the private sector.”

Samvardhana Motherson International Limited (SAMIL) [Formerly Motherson Sumi Systems Ltd.]

Samvardhana Motherson International Limited (SAMIL) is one of the world’s leading specialised automotive component manufacturing companies for OEMs. The company, formerly known as Motherson Sumi Systems Limited was established in 1986 as a joint venture with Sumitomo Wiring Systems and was listed in 1993 on BSE and NSE in India. SAMIL is a focused, dynamic, and progressive company providing customers with innovative and value-added products, services, and solutions. With a diverse global customer base of nearly all leading automobile manufacturers globally, the company has a presence in 41 countries across five continents. SAMIL is among the top 25 automotive component suppliers globally. 

Mahindra Logistics Establishes Strong Presence In Grocery Vertical

~ Launches its eleventh fulfilment centre in the country ~

~ Enables quick commerce for its customers ~

~ Partners with leading e-commerce players ~

Mahindra Logistics Ltd. (MLL), one of India’s large 3PL solutions providers, which forayed into end-to-end services for its B2C grocery business last year, has been able to establish a very strong presence in the country. The company today announced the launch of its latest fulfilment centre, its eleventh in the country and third in the city of Hyderabad. The new fulfilment centre will specifically enable quick commerce in the grocery segment with technology at its backbone in driving efficiency.

Within a short period, MLL has established its operational capability across India with its end-to-end services of fulfilment centres, milk-run transportation, micro-fulfilment centres (dark stores) and last mile delivery. The network which the company built for this segment is the best in class and is equipped to fulfil large volumes. These fulfilment centres are spread across 5 cities (Bangalore, Vizag, Vijayawada, Hyderabad, and Kolkata) and are currently serving more than 6 lakh units and 15000+ stores per day.

Commenting on this expansion, Mr. Rampraveen Swaminathan, Managing Director and CEO of Mahindra Logistics, said, “With changing consumer demand patterns, we are expanding our network to continually enhance our reach. Essential service is a rapidly growing category, and we are looking at bringing our facilities to cities where these services are not accessible. We believe in delivering a consistent customer experience in the B2C space through customized, technology-driven solutions.  These operations also synergise last mile operations through “Whizzard”, our last-mile logistics brand we acquired in April this year.

MLL through these B2C fulfilment centres is creating employment for 1500+ people. MLL has been steadfast in its efforts to be more inclusive. The company has actively employed differently abled persons and employees from the LGBTQ+ community, at its warehouses across the country. Similarly, MLL is bridging the gender diversity gap by hiring more women from various backgrounds and experiences.

About Mahindra Logistics

Mahindra Logistics Limited (MLL) is an integrated third-party logistics (3PL) service provider, specializing in supply chain management and enterprise mobility. MLL serves over 400+ corporate customers across various industries like Automobile, Engineering, Consumer Goods and E-commerce. The Company pursues an “asset-light” business model, providing customised and technology enabled solutions that span across the supply chain and people mobility services.  

For more information, visit www.mahindralogistics.com

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. 

The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.