TCPL Green Energy Solutions Pvt. Ltd. (TCPL GES) Signs MoU With Govt. of Jharkhand To Power A Cleaner India

TCPL GES, a wholly owned subsidiary of Tata Cummins Private Limited (TCPL), a 50:50 joint venture of Tata Motors Limited and Cummins Inc. USA, announced today that it has signed a Memorandum of Understanding (MoU) with the Government of Jharkhand to set up a manufacturing plant to produce low-to-zero-emission technologies for mobility solutions. The MoU was signed by Shri Jitendra Kumar, Secretary, Department of Industries, Government of Jharkhand, and Mr. Ajay Patil, Chief Financial Officer, Cummins Group in India, in the presence of Shri Hemant Soren, Hon’ble Chief Minister of Jharkhand, Mr. Girish Wagh, Executive Director, Tata Motors and Mr. Nitin Jirafe, Vice President, Engine Business, Cummins India.

This collaboration demonstrates the State Government’s commitment to India’s Panchamrit Tatva to combat climate change and aligns with Jharkhand Government’s vision of transitioning to a low-carbon economy. Jharkhand will be one of the first states in India to open the doors for manufacturing advanced technology products for the commercial vehicle industry in India, which will contribute to reducing the nation’s carbon footprint.

An investment of over Rs. 350 Crores will be done over the next few years by TCPL GES to produce fuel-agnostic powertrain solutions including Hydrogen Internal Combustion Engine, Battery Electric Vehicle Systems, Fuel Cell Electric Vehicle Systems, and Fuel Delivery Systems.  As a significant step toward investing in future clean energy technologies, the state-of-the-art production facility corroborates with Tata Motors’ and Cummins India’s commitment to the Make in India initiative and making India self-reliant. Like all other Cummins facilities, the TCPL GES site will comply with lean, clean and green manufacturing operations. The plant is expected to commence production in 2024 in a phased manner. As per current plans, the Hydrogen Internal Combustion Engine will roll out first followed by the Battery Electric Components and Fuel Delivery System related products.

This investment will create an anchor enterprise to develop a robust supply ecosystem through value chain creation. The investment will also provide a great opportunity for the state’s skilled youth to work on new technologies and new processes and will help in creating direct employment opportunities of more than 300 youth, thus acting as an enabler to for social and economic development of the state. 

Hydrogen Internal Combustion Engine

The Hydrogen Internal Combustion Engine has the potential to become the most practical solution toward achieving near zero-carbon emissions for medium- and heavy-duty truck manufacturers.

Hydrogen fuel cell

Pegged as the technology of the future, the Hydrogen Fuel Cell powertrain offers zero-emissions power solutions. For customers who aspire to reach zero greenhouse gas emissions, hydrogen fuel cells will be an apt solution when supplied with green H2 as fuel.

Battery-electric technology

Cummins Inc. has developed new-generation battery pack solutions based on deep duty cycle and application experience. The batteries will be equipped with an advanced Battery Management System (BMS) for monitoring various critical battery parameters and diagnostics and improving the battery life and performance. The TCPL GES plant will rely on Cummins’s global experience to manufacture battery electric components.

Fuel Delivery Systems

Providing hydrogen storage capabilities will enable us to accelerate the viability and adoption of hydrogen powered technologies in commercial markets.  The plant will manufacture composite tank systems and tailor-make solutions for hydrogen storage applications.

Expressing his resolve to promote state development in a sustainable and inclusive manner, Shri Hemant Soren, Chief Minister, Jharkhand said, “India is making significant strides in its fight against climate change. The collaboration with TCPL GES is part of Jharkhand's commitment to achieve the country's net-zero target for 2070 and position itself as a hub for new technological developments. This is also an effort to upskill and empower our youth and provide them with an opportunity to contribute to a cutting-edge industry. The plant will help create employment opportunities and thus contribute to the state's social and economic development.”

Speaking on the occasion, Girish Wagh, Executive Director of Tata Motors said, “Since beginning operations in 1945 in Jamshedpur, Tata Motors has established a rich legacy of innovations and industry firsts in its endeavour towards nation building. Today marks another momentous occasion in our partnering with the people and government of Jharkhand for creating future ready sustainable mobility solutions. The state-of-the-art manufacturing facility being set-up will produce hydrogen-based powertrains and battery electric vehicle aggregates and systems using next-gen technologies. These advanced solutions will shape the future of mobility in India by enabling customers to progressively transition to emission free, commercially viable cargo and mass mobility in the coming years.”

Speaking on the occasion, Ajay Patil, CFO, Cummins Group in India said, “With over 30 years of first-hand manufacturing experience in Jamshedpur, we have an intimate understanding of heavy-duty applications and a clear view of the hard work required to transition the commercial vehicle industry to cleaner powertrains. We applaud the Government of Jharkhand for taking bold steps to lead India’s transition to an emission free nation. In line with our Destination Zero strategy, this MoU is a significant milestone on our path to zero emissions, and we are grateful to the Government of Jharkhand for giving us this opportunity to contribute toward lowering emissions today for a better tomorrow.”

About Cummins Group in India

Cummins in India, a power leader, is a group of complementary business units that design, manufacture, distribute, and service engines and related technologies, including fuel systems, air handling, filtration, emission solutions, and electrical power generation systems. With its recent Meritor acquisition, Cummins has expanded its portfolio to include drivetrain, mobility, braking, aftermarket, and electric powertrain solutions for commercial vehicles, and industrial markets. Its technology and pioneering initiatives are bringing innovative solutions and dependable services at the best possible value to users across the country. Its high-performance outlook is based on the customer focus, integrity, and capability of its people. Part of the $28.1 billion Cummins Inc. USA, Cummins in India is a group of various entities with its presence in over 200 locations and 10,000+ employees. Learn more at cummins.com.

About Tata Motors

Part of the USD 128 billion Tata group, Tata Motors Limited (BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 42 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups,  trucks, and buses, offering an extensive range of integrated, smart, and e-mobility solutions. With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and ranks among the top three in the passenger vehicles market.

Tata Motors strives to bring new products that captivate the imagination of GenNext customers, fueled by state-of-the-art design and R&D centres located in India, the UK, the US, Italy, and South Korea. By focusing on engineering and tech- enabled automotive solutions catering to the future of mobility, the company’s innovation efforts are focused on developing pioneering technologies that are both sustainable and suited to the evolving market and customer aspirations. The company is pioneering India's Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by developing a tailored product strategy, leveraging the synergy between Group companies and playing an active role in liaising with the Government of India in developing the policy framework.

With operations in India, the UK, South Korea, Thailand, South Africa and Indonesia, Tata Motors markets its vehicles in Africa, the Middle East, Latin America, Southeast Asia, and the SAARC countries. As of March 31, 2023, Tata Motors’ operations include 88 consolidated subsidiaries, two joint operations, three joint ventures, and numerous equity-accounted associates, including their subsidiaries, over which the company exercises significant influence.

About Cummins Inc.

Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range from diesel, natural gas, electric and hybrid powertrains, and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batteries, electrified power systems, hydrogen generation and fuel cell products. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 59,900 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment, and equality of opportunity. Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $2.1 billion on sales of $24.0 billion in 2021. See how Cummins is powering a world that’s always on by accessing news releases and more information at https://www.cummins.com/always-on.

Photo Caption: MoU signing between TCPL GES and Govt of Jharkhand.  Left to right - Girish Wagh, Executive Director of Tata Motors; Ajay Patil, CFO, Cummins Group in India; Shri Hemant Soren, Chief Minister, Jharkhand; Jitendra Kumar, Secretary, Department of Industries, Government of Jharkhand..

Godrej Agrovet Celebrates 25 Years Of Its Biostimulant – Combine

* New packaging launched to protect farmers from counterfeits

Godrej Agrovet Limited’s (GAVL) Crop Protection Business today announced that its biostimulant, Combine, has completed 25 years of enabling Indian grape farmers grow better-quality grapes.

Today, India is the 11th largest exporter of grapes in the world with ~1.2 Lacs farmers growing grapes across ~3 Lac acres of total land every year. With 70% of total grapes sown being exported, the total exports have surged at a CAGR of 12.6% in the last decade. And it is herein that Diamore Combine has aided Indian farmers achieve the right berry size and colour for exports whereas Supershakti Combine has aided achieve elongated variety of grapes for domestic market.

Commenting on 25 years of Combine, Balram Singh Yadav, Managing Director, GAVL, said “In a tropical country like India, Combine has been instrumental in aiding farmers get better yield and quality for their grapes. We serve ~90K farming families who grow grapes in close to ~1.5 Lacs acres of land every year.  We are happy to have contributed towards putting India on the global grapes map and bringing prosperity to grape growing farmers.”

Aligned with the guidelines set by the United Nations Economic Commission for Europe (UNECE), ‘Combine’ has been a critical instrument in elevating grape quality. With the right application, grape growers are able to achieve premium parameters such as a bunch weight of 400-500 g, berry diameter of 18 mm and above, uniform berry colour, and improved shelf life. These attributes, in tandem with an ability to reduce impact of disease spreading pests like powdery mildew and downy mildew.

Burjis Godrej, Executive Director & COO, Crop Protection Business, GAVL affirmed, “Grapes stand as a significant contributor to India's export prowess, holding immense potential to bolster our agricultural economy. At Godrej Agrovet, we take pride in our role as enablers, and our product ‘Combine’ emerges as a key to realizing this potential. By enabling grape farmers to grow their harvest aligned to the global quality standards, 'Combine' empowers them to attain exceptional grape quality.”

Considering that the grape is an important fruit with high export potential, it is imperative to have a robust system in place to tackle pests as around 50-80% of the yield is lost due to pest attack. As an integral component of the Integrated Disease Management approach, Combine offers solutions that not only target specific pests but also address potential disease issues in grape cultivation.

The company also launched a celebratory pack marking 25 years of Combine and its commitment to better farming in addition to protecting farmers from counterfeit products. Combine’s new pack is user-friendly and comes in a safe packaging bottle. It has a tamper-evident seal which blasts open and falls when anyone tries to open the bottle. The label has complex watermarks to avoid duplication and the bottle also has a hologram – a unique 9-digit code on each and every bottle to ensure authenticity. While the hologram also has smartly embedded letter ‘G’ to assure the customer that the product is genuine, ‘Braille’ marking on the neck reading danger has also been added for the visually impaired.

Commenting on the same, Rajavelu N.K, CEO, Crop Protection Business, GAVL said, ‘As pests and diseases threaten grape yields, there is a need to popularize Integrated Disease Management in farming community by imparting training to farmers at grass root level. Right from usage of recommended quantity to authentic product, industry-wide collaboration in need of an hour. Additionally, innovative use of biostimulants as an effective integrated pest management tool in horticulture will come a long way in increasing contribution of grapes to overall exports of the country ”

The burgeoning field of biostimulants in Indian agriculture is projected to significantly enhance crop productivity. These compounds have gained increasing importance in modern crop management due to heightened concerns about synthetic chemicals and the impact of climate change. The inclusion of biostimulant regulation in the Fertilizer Control Order since 2021 is a significant step towards responsible and judicious product usage.

About Godrej Agrovet:

Godrej Agrovet Limited (GAVL) is a diversified, Research & Development focused food and agri-business conglomerate, dedicated to improving the productivity of Indian farmers by innovating products and services that sustainably increase crop and livestock yields. GAVL holds leading market positions in the different businesses it operates - Animal Feed, Crop Protection, Oil Palm, Dairy, Poultry and Processed Foods. GAVL has a pan India presence with sales of over a million tons annually of high-quality animal feed. Our teams have worked closely with Indian farmers to develop large Oil Palm Plantations, which is helping in bridging the demand and supply gap of edible oil in India. In the crop protection segment, the Company has strong presence in the B2B segment through its subsidiary Astec Lifesciences and through its extensive distribution, network pan-India delivers innovative agrochemical offerings catering to the entire crop life cycles. In Dairy, Poultry, and Processed Foods, the company operates through its subsidiaries Creamline Dairy Products Limited and Godrej Tyson Foods Limited. Apart from this, GAVL also has a joint venture with the ACI group of Bangladesh for animal feed business in Bangladesh.

For more information on the Company, log on to www.godrejagrovet.com.

DBS Partners With Maptrasco To Complete First Interoperable Electronic Bills Of Lading (eBL) Transaction

* Businesses Keen On Digital trade finance and eBLs can reach out to DBS

DBS, in partnership with commodities trader Maptrasco, announced the completion of the first “live” transaction of electronic Bills of Lading (eBL) for shipments between Singapore and India today. The transaction was implemented under the TradeTrust framework, an initiative by the Infocomm Media Development Authority (IMDA) and supported by Enterprise Singapore.

With this first shipment, businesses across Singapore and India can participate in the TradeTrust network via their respective choice of TradeTrust-enabled platforms to enable the digital trade finance of live shipments of goods between the two countries. Companies keen on executing eBLs in digital Letter of Credit transactions can reach out to DBS.

The project leverages the United Nation’s Model Law for Electronic Transferable Records and aims to drive cross-border document and title exchanges. The successful transaction ushers in a new chapter of more efficient, and interoperable digital bills of lading and is a key milestone in the digital transformation of trade financing.

Bills of lading are essential documents in shipping and logistics, representing legal proof ownership of goods in transit, as well as receipt of goods. Globally, only about 1.2%[1] of bills of lading are issued electronically due to limitations in platforms that are not interoperable or use differing rulebooks and standards, which makes scalability challenging.

Lim Soon Chong, Group Head of Global Transaction Services, DBS, said: “The successful live transaction between Singapore and India is a first step towards a truly digital trade corridor between the two nations. DBS is proud to be able to partner Maptrasco to deliver this solution that makes use of IMDA’s TradeTrust framework and look forward to commercialising this solution at scale across the region and beyond.”

Pawan Khaitan, Founder and Chairman of Khaitan International Pte Ltd and Maptrasco, said: “The implementation of electronic bills of lading, in partnership with DBS, has helped to improve efficiency, reduce operating costs, and significantly speed up transaction times. We believe that digital solutions will be key to help bring in new and expanded business opportunities for Maptrasco.”

The Coca-Cola India Foundation’s Project Jaldhara Refreshing The World Of Thousands In Karnataka

Dwindling ground water was an acute problem in multiple regions of Karnataka. Farmers in these depended on rainwater and bore wells for irrigation. Naturally, ponds and canals dried up a few months after the receding of the monsoon.

This changed in the year 2018 with start of Project Jaldhara which replenished the groundwater levels by construction of check dams with presence in more than 5 districts i.e.  Chitradurga, Chikkaballapur, Yadgir, Kolar, UttarKanada and Shimoga. The project continues to transform lives by significantly improving groundwater levels, enhancing overall crop productivity, and improving the livelihood of farmers through effective water resource management. The project created water replenish potential of over 6,85,000 cum.

In addition to this, Coca-Cola in India through its global and local Foundation provided viable solutions to farmers for cost-effective agricultural practices that led to a significant improvement in the agriculture practices and overall benefits such as increased access to silt and water for irrigation, increased knowledge about effective farming practices and increase in income. The project promoted reduction in agriculture input costs through silt usage, which is a simple and effective mechanism that naturally fertilises the land. The project also focused on establishing 7 Water Management Committees (WMC) and 4 Tank User Groups (TUG) as village-level governing bodies to drive leadership at local level and enable transparent functioning.

The interventions were designed with locally suited approaches to expand the holding capacity of existing water structures and build new ones for effective percolation, which resulted in increased groundwater levels. The project was completed with a budget of INR four crores and benefits at least 1500 households in the region. The benefits of watershed development are manifold, such as improvement in soil fertility and increased availability of water, resulting in higher crop yields, water for household purposes, increased employment opportunities, and socio-economic uplift of the community. Through this project, there has been a 90% increase in borewell water levels because of increased groundwater percolation through the desilting of water tanks. As a result of improved soil quality, 56% of farmers stated that there has been an increase in crop production post-intervention. The average area under irrigation has increased by 35% and majority farmers reports significant increase in crop yield. Farmers are able to cultivate more water-intensive crops like paddy which has helped them increase their income.

OKIE Sustains Impressive Surge In Indian Consumer Electronics Market, Aims For 100 Crore Sales And 100,000 Unit Sales Target

* In the last 3 years, the company has expanded from 1 to 8 states, 300 to 2500 retailers, and 8 to 45 locations

*   OKIE  aims to sell 100,000 LED TVs in CY2023 and will expand its presence to 10,000 stores across 100 locations by the end of the year

OKIE, India's leading homegrown home entertainment brand, has reaffirmed its position as a prominent player in the ever-evolving consumer electronics landscape. With a strong offline presence of 2500 retailers across 45 locations in 8 states, Its flagship Smart LED TVs sold almost 30000  units across seven states by the end of the fiscal year 2022-2023, with over 25,000 units sold during the pandemic itself. And in the last three years, the brand has expanded extensively and now aims for INR 100 crore in sales with a target of selling 100,000 units in CY 2023.

In India, most consumers still prioritise affordability in their electronics purchases. Despite this high price sensitivity, the consumer electronics market is on track to reach INR 12,898.89 Bn by 2027. From the very beginning, OKIE has embraced and understood this reality and leveraged it to its advantage by focusing on competitively priced, top-quality products. This commitment is evident in its flagship Smart LED TVs, available in sizes from 24" to 86". These cutting-edge TVs feature Google TV, WebOS Powered by LG, and Cloud OS, catering to a wide range of preferences. There is also OKIE's upcoming Sports Series Smart TVs, with prices starting at just Rs. 9,990/- for the 32-inch model, Rs. 17,999/- for the 40-inch model, and Rs. 19,999/- for the 43-inch model, offering advanced features such as full HD display, 4K Ultra HD resolution, in-built voice control, and a powerful 10+10 watt sound output.

With a diverse range of such Smart TVs and other home entertainment electronic products, OKIE has firmly established itself in the Western and Southern regions of India, majorly in pivotal states such as Gujarat, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Kerala and Planning to enter in North India States Like Punjab, Haryana, J&K.

"OKIE's growth thrives on unwavering dedication to innovation and quality, essential to our mission of offering exceptional value. Despite challenges, we deliver innovative, high-quality products at fair prices. Our versatile marketing approach merges traditional and digital channels with state-of-the-art tech, enabling us to expand beyond urban areas into tier 2 and 3 markets aggressively. We believe in making the latest tech accessible across diverse geographies, even in smaller cities, swiftly and affordably. Our distinct products and services set us apart," said Jitin Masand, Founder and Managing Director of OKIE.

"We have an upcoming line of investment in expansion, a significant portion of which will be used to expand our capacity from the current 5000 TVs per month to 15,000 TVs. We will also extend our reach by establishing a presence in 10,000 stores across 100 locations by year-end," added Masand.

About OKIE

Headquartered in Mumbai, Maharashtra, Okie is a leading home entertainment brand in India. Founded in 2011 by Jitin Masand, who also serves as the Managing Director, the company is committed to providing innovative and high-quality entertainment products with a strong focus on tier 2 and tier 3 markets. With a wide network of 7500+ retailers and 100+ distributors. Okie is present in the Western and Southern regions  of India, with a reach in over 8 states, majorly in Gujarat, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana & Kerala. Okie is planning to sell over 10,00,00 LED TVs in the current year.

Looking ahead, OKIE is set to introduce the transformative "Okie Experience Zone," an immersive platform that elevates the customer buying journey by offering a comprehensive range of brand products. With a steadfast commitment to being the preferred destination for cutting-edge entertainment solutions, OKIE is poised to shape the future of home entertainment. For more details, visit https://www.okietv.in/.

Singapore Based Farro Capital Parent Launches New Entity Offering International Mobility Solutions To UHNW Families

* Newly established Farro & Co will provide global families a suite of international mobility solutions, seamlessly integrated with Farro Capital’s wider wealth advisory capabilities

Farro Ventures, parent company of leading Singapore based multi-family office Farro Capital, announces the establishment of its newest subsidiary – Farro & Co – expanding its comprehensive service portfolio to offer a full suite of tailored international mobility and immigration solutions to ultra-high net worth (UHNW) individuals and families. 

Under the leadership of Founder and CEO Nirbhay Handa, Farro & Co aims to revolutionise the global mobility space in close partnership with Farro Capital across key growth markets in India, China, Middle-East and Southeast Asia. Unlike traditional immigration service providers, the firm adopts a holistic approach, bringing together mobility and wealth solutions under one umbrella to give clients a complete picture of the opportunities and risks of their migration decisions through a multi-generational lens. 

The combined platform offers an extensive array of tailored immigration services to cater to the diverse needs and situations of wealthy clientele. These services include migration by investment, citizenship acquisition, skilled visa assistance, business incorporation, international real estate services and more. Furthermore, Farro & Co goes beyond these more traditional immigration services to provide guidance on other critical issues such as tax advisory, wealth management, family office structuring and estate planning strategies through its sister firm, Farro Capital. This integration leverages the combined expertise of both firms to create a seamless and sophisticated platform that truly supports the global ambitions of UHNW families.

"With the surge in demand for mobility solutions and the growing recognition of their benefits, especially within the context of India's thriving global diaspora, which stands as the largest in the world, the intricate nature of today's immigration landscape is often underestimated or misunderstood," explained Handa. "We are here to challenge the existing market offerings by amalgamating unique advisory capabilities that empower clients, including those with ties to India, to establish a global legacy with absolute clarity. Our team believes that without a comprehensive understanding of the potential wealth implications of immigration strategies for families, current firms fall short in addressing the sophisticated needs of today's clients."

With estimates of Asia-Pacific on track to become the largest wealth hub in the world by 2026,  1Farro & Co is well positioned to capitalise on current trends, uniquely attuned to the nuanced needs of an increasingly global client base. The company is backed by a growing team of industry veterans, including pioneers of investment migration and wealth management who oversee more than US $1 billion in assets under management (AUM). 

Most recently, Farro & Co deepened its senior leadership bench this month with the appointment of Tiffany Ong, as Partner, North Asia and Abhishek Menon as, Partner, Middle East, expanding the initial team to a total of 4 Partners and 4 support staff. Ong will leverage more than 15 years of private client experience in leading financial institutions like Bank of China and RHB to drive Farro & Co.’s growth strategy in North Asia with a key focus on China, Hong Kong, and Taiwan. Menon will be responsible for the build out of the firm’s Middle East and South Asia presence, armed with 10 years of client advisory experience with Deutsche Bank in the region.

Commenting on the launch, Farro & Co’s Co-Founder and Managing Partner Sandeep Jain said, "We are excited to be part of Farro family and our comprehensive platform will continue to drive our global expansion, enabling us to provide truly integrated solutions that help families overcome geopolitical uncertainty, seize opportunities and build financial resilience. Guided by our motto, ‘Ambition Sees No Borders’, we have an opportunity to build an international client offering that facilitates innovative, cross-border wealth planning at scale. In recent years, we have seen more affluent families looking for flexible advisory platforms that can bring added geographic diversification and risk mitigation to the wealth management process.”

Bridging Gaps and Empowering Global Indian Families

Singapore based Farro & Co's recent launch addresses a significant gap in the Global Indian and South Asian market by offering comprehensive international mobility solutions integrated with wealth & tax advisory services to ultra-high-net-worth families. Unlike current immigration players, Farro & Co addresses the lack of wealth and estate planning integration in immigration strategies, offering expert guidance from Farro Capital to make informed decisions. This innovative approach fills a critical void and offers sustained value to affluent families. In an industry often characterized by transient and piecemeal solutions, Farro & Co redefines the narrative, ushering in migration strategies with substance. Operating from major financial hubs, Singapore and soon Dubai, the firm is uniquely positioned to cater to global Indian families seeking well-rounded advice. 

“Our mission at Farro Capital is to continually raise the bar of our holistic platform. The launch of Farro & Co reaffirms our commitment to that mission. The synergies between our teams strengthens our ability to serve our clients across generations,” said Hemant Tucker, Co-Founder and CEO of Farro Capital. “We look forward to working closely with Nirbhay and Sandeep to ensure our group becomes the partner of choice for globally minded and ambitious families.” 

Prior to founding Farro & Co Handa held notable senior leadership roles at Henley & Partners, where he served as the Group Head of Business Development and Asia Head of Private Clients. Some of his significant contributions during his time at the firm include, redesigning Henley & Partner’s global business development strategy and managing a substantial portion of the firm’s fee-earning headcount across key regions from South Africa to Israel, and the USA to Hong Kong. Handa was recognised as the Youngest Managing Director in 2020 and the Youngest Group Head in 2021.

1 https://www.knightfrank.com/research/article/2022-07-21-the-wealth-report-2022-10-key-highlights-pertaining-to-the-asiapacific-landscape

With extensive business development and finance experience of 17 years spanning across investment migration, IT and financial services, Jain was formerly responsible for growing the South Asia Operations at Henley & Partners. Prior to that he built, managed, and exited a successful climate tech business. Jain began his career as a management consultant at Accenture and Infosys, gaining valuable advisory experience in the United Kingdom and India.

Amazon Business Announces Business Value Days From 25th – 31st August 2023

* Business Value Days will commence on 25th August 2023 and will run till 31st August 2023 to help all business customers enjoy special deals and offers

* Amazon business customers can avail incremental deals and offers on Laptops, Smart Watches, Home and Kitchen Appliances, Home improvement, electronic  products, ACs, Accessories, office products, and many other products

* Customers can enjoy 10% cashback, up to INR 500 on orders above INR 2500 or more on their prepaid orders

* Customers can avail up to 70% off on Home and Kitchen appliances such as mixers, juicers, and grinders and 60% off on office furniture and up to 60% off on laptops 

Amazon Business announced the commencement of its flagship event, Business Value Days for all business customers starting from 25th August and through till 31st August 2023. The event will provide extra benefits to enterprise customers who can enjoy unmatched deals and offers on products such as smartwatches, home and kitchen appliances, laptops, office furniture, security cameras, smart TVs, and many more.

Enterprise customers can enjoy 10% cashback up to INR 500 on orders above INR 2500 or more on their prepaid orders. Business customers can avail up to 60% off on laptops and monitors and up to 75% off on smartwatches. They can enjoy up to 70% off on Home and kitchen appliances, Décor and furnishing products, and other home improvement products. Additionally, they can also avail up to 65% off on smart TVs and up to 60% off on ACs and washing machines.  

In addition to these benefits, enterprise customers can also adopt other features such as a Multi-user account, pay later, Bill to Ship to, and Approvals to make business purchases more efficient.

Business Value Days aim to help all enterprise customers by providing over 19 Cr GST-enabled products across top categories at exciting prices. It also gives an opportunity to over 10 Lakh sellers on the platform to sell products in bulk to all businesses. Existing Amazon Business customers can gather more information about the event after signing into their business account. New customers can also see the visibility and know more about the sale event once they create a free account on https://business.amazon.in. 

Customers can also place bulk orders by sending an email to buybulk@amazon.com.

Here are the great deals across categories on Amazon Business during Business Value days.

Computer, Laptops and Electronics: 

Up to 75% off on smartwatches 

Up to 60% off on trending laptop deals 

Up to 60% off on Dell and Honor laptops

Up to 50% off on monitors

Large Appliances:

Up to 55% off on washing machines

Up to 40% off on ACs

Up to 60% off on other trending deals 

Kitchen Products: 

Up to 40% off Home & Kitchen Appliances

Up to 70% off mixer, grinder, and juicer

Up to 70% off on other trending kitchen deals 

Office & Home Improvement

Up to 50% off on security cameras

Up to 70% off + extra discount up to INR 3000 off on Blaupankt

Up to 65% off on smart TVs

Up to 65% off on 43 inches TV

Up to 50% off on other trending TV deals 

Additional offers: 

Up to 70% off on Decor & Furnishing products

Up to 50% off Power & Hand tools

Up to 60% off on office furniture

Since its launch in 2017, Amazon Business has always worked to add value and convenience to its customers’ businesses. This sale event aims to help all Amazon Business customers acquire business supplies at amazing deals and offers, further minimizing the cost of procurement. 

About Amazon Business 

Amazon Business is a business-friendly marketplace on Amazon.in launched to meet the business-procurement needs of different institutions such as hospitals, clinics, manufacturers, universities, schools, NGOs, government bodies and offices. Amazon provides technology-led procurement solutions built specifically for businesses, attractive pricing and a convenient and transparent shopping experience associated with Amazon. For more information, visit https://business.amazon.in  

About Amazon.in        

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfilment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon.