Strategic Digital Evolution: Google India And Primus Partners Spearhead Conversation On Responsible AI And Its Applicability

AI has become an increasingly important part of various discourses across different fields and in this context, Google, one of the largest global technology players and one of the leading innovators in the AI space, and Primus Partners, an India management consulting firm brought together 20 thought leaders from various disciplines for an interactive roundtable on “Responsible AI for Online ads” on 14 December, in Chennai.  The discussion was helmed by key government representatives including Consumer Affairs Secretary Mr. Rohit Kumar Singh, and Former Law Secretary, Mr. P.K. Malhotra. The deliberation also saw the participation of lawyers and academicians including from the prestigious IIT Madras, Ashoka University, Trilegal, Samvad Partners, and Cyril Amarchand. Senior Retd. Judges, Former LEAs, Senior Advocates from Madras High Court, and representatives from Startup Tamil Nadu were also present. The diverse group of thought leaders held a detailed discussion on Responsible AI, with a focus on opportunities and challenges for India in the emergence of Artificial Intelligence and discussing possible approaches towards building the right model and unlocking India’s digital innovation.

Bringing in the government perspective, Mr. Rohit Kumar Singh, Secretary at the Ministry of Consumer Affairs spoke about the use of responsible AI from a consumption economy standpoint. He said, “We have to be agile in our approach. Self-regulation as seen in some other emerging sectors, is a way, with reasonable and responsible measures. A balance of regulation and innovation has to be a norm. Also, consumers have to be at the centre stage of the AI ecosystem.”

Vidhya Srinivasan, VP/GM at Google, was also present at the event, quoted shedding light on the current scenario, “We’ve long been using advances in Google Ads, like predictive AI, to help businesses reach consumers at the right time. What’s really exciting about new generative AI capabilities is that advertisers can use AI in a more tangible way to supplement campaign creation and idea generation, while remaining in the driver’s seat. While I’m optimistic about all this and the future, we are taking a thoughtful and responsible approach to how our ads products evolve with AI.”

Mr. Prem Kumar Malhotra, Former Law Secretary, presented his view on the discussion topic by stating, “If we look at the securities market, which is heavily regulated, many of the innovations in the space could not take flight. Something as nascent and evolving as AI, needs to have a self-regulatory start, before transitioning to a necessary regulation path. Its responsible application in sectors like online ads creates an important focus point for both consumers and tech innovators.”

Mr. Nilaya Varma, CEO and Co-founder of Primus Partners conveyed “AI has the potential to reshape the advertising industry while generating positives for the economy such as the creation of jobs, economic development, etc. The untapped potential of leveraging AI in online marketing requires to be unlocked, responsibly, which can further foster an environment for innovation and development in the country. This might initially require the regulatory authorities to create a framework, however, gradually evolving the framework with time and the needs of the industry, can help optimize the targeted outcomes. To carefully capture the potential of generative AI; Industry and the Government will be required to adopt a collaborative approach. The Indian government has been highly optimistic regarding the use of AI in processes and continues to support the digital landscape and related industries to sustain in the country. While innovation and service-providing capabilities can be captured from industries, a more industry-friendly framework focusing on sustainability will be expected from the government to foster innovation and leverage new technologies in India.”

With the growing understanding and complexity of buying patterns, AI is poised to become an integral part of the advertising segment. AI is now penetrating the said sector through various user interfaces like Google ad search engines and many more. The use of AI is intended to provide a better creative landscape for marketers to start their planning and strategy phases effectively, further moulding the generative AI response as per the needs of their campaign. The outlook of the use of AI is to provide marketers with basic auto-generated elements for their promotional campaigns with a background study of the targeted consumer’s buying behavior/pattern over a specific time. 

About Primus Partners Pvt Ltd

Primus Partners Pvt Ltd is a leading management consulting services firm headquartered in New Delhi. Primus provides consulting and advisory services across various industries, including rural management, public policy, and industrialization in both the public and private sectors. Primus is committed to driving sustainable growth and maximising value for its clients through innovative approaches and sectoral expertise. For more information, visit www.primuspartners.in

ICICI Lombard Unveils The 12th Edition Of ‘Caring Hands – Empowering Lives & Building Futures

ICICI Lombard’s annual CSR initiative ‘Caring Hands’ was conducted across locations on Dec 15th, 2023. This CSR initiative is entirely executed and volunteered by employees with association of senior management team since its incorporation. This year the initiative was held across 120 locations, 340+ camps with 5,000+ employee volunteering which impacted around 45,000 lives. With our ethos of ‘Nibhaye Vaade’ ICICI Lombard continues to set up free eye check-up camps to ensure that no child is held back to achieve their true potential.  

Since the inception of the program in 2011, the company has touched 4,00,000 + lives till date and reached out to 2,400+ schools and distributed 70,000+ spectacles across India. It’s a true honor to be a part of a prestigious Guinness World record winner in 2017, with the most eye testing of 1,526 in one hour at multiple venues. ICICI Lombard believes that each child has the right to dream and make way for its future with our ‘Caring Hands’ initiative.   

Speaking on the initiative, Sheena Kapoor - Head Marketing, Corporate Communications & CSR, said, “We are excited to roll out our 12th edition of 'Caring Hands', one of ICICI Lombard's flagship CSR initiatives. This initiative holds a special place in our hearts, as it's entirely propelled by our employees' eagerness to volunteer. On a single day, we have over 3,000 staff members across 340+ government schools nationwide. Moreover it's incredibly heart-warming to meet these lovely school kids and every employee brimming with the satisfaction is what makes 'Caring Hands' so fulfilling."

About ICICI Lombard General Insurance Company Ltd.

ICICI Lombard is the leading private general insurance company in the country. The Company offers a comprehensive and well-diversified range of products through multiple distribution channels, including motor, health, crop, fire, personal accident, marine, engineering, and liability insurance. With a legacy of over 21 years, ICICI Lombard is committed to customer centricity with its brand philosophy of ‘Nibhaaye Vaade’. The company has issued over 32.7 million policies, settled 3.6 million claims and has a Gross Written Premium (GWP) of ?217.72 billion for the year ended March 31, 2023.  ICICI Lombard has 305 branches and 12,865 employees, as on March 31, 2023.

ICICI Lombard has been a pioneer in the industry and is the first large-scale insurance company in India to migrate its entire core systems to the cloud.  With a strong focus on being digital-led and agile, it has launched a plethora of tech-driven innovations, including the industry’ first Face Scan on its signature insurance and wellness App - IL TakeCare, with over 5.6 million user downloads. The company has won several laurels including ET Corporate Excellence Awards, Golden Peacock Awards, FICCI Insurance Awards, National CSR awards etc. for its various initiatives. For more details log on to https://www.icicilombard.com/

Yamaha Launches The Much-Awaited R3 And MT-03 In India

-      The Supersport bike R3 flaunts R1 inspired looks and track-oriented design while the torque-rich MT-03 offers the distinct MT look with bold front face design

-      Both the motorcycles come equipped with 321cc liquid cooled engine, Upside Down Front Forks, LCD instrument cluster, LED headlight & taillight, LED Indicators, etc.

-     The models will be imported as CBUs and will be sold through select Blue Square showrooms.

India Yamaha Motor (IYM) Pvt. Ltd. is thrilled to announce the launch of the much-awaited models – the track-oriented R3 and the street fighter MT-03 in India, as part of its heart-revving brand campaign - The Call of the Blue. These two iconic motorcycles truly represent Yamaha’s Racing DNA and underscore the brand’s unwavering commitment to advancing the premium motorcycle segment in the Indian market. The brand aims to meet the elevated expectations of legions of riding enthusiasts seeking pure motorcycling experience, maximum performance, and racing pedigree from their motorcycles.

The latest additions to Yamaha’s portfolio, both the models aim to fulfill the growing aspirations of young R15 and MT-15 customers in India. The all new R3 and MT03 boasts a powerful 321cc liquid cooled, 4-stroke, in-line two-cylinder, DOHC and 4-valve per cylinder fuel injected engine that produces 30.9 kW (42 PS) at 10,750rpm of maximum power and 29.5 Nm (3 kg-m) at 9,000rpm of maximum torque. Additionally, both the bikes feature, such as light-weight diamond frame, Upside Down Front Forks, long swingarm and mono-cross rear suspension, multi-function LCD instrument cluster, and LED headlight, taillight & turn signal light. The R3, with strong genetic links from YZR-M1, is built to thrill even hardcore motorcyclists, while the MT-03, with its daring and audacious artwork, attracts those looking for torque and agility in their ride.

Commenting on this remarkable day, Mr. Eishin Chihana, Chairman of Yamaha Motor India Group of Companies said, “As an integral aspect of the 'The Call of the Blue' brand campaign, Yamaha is committed to strengthen its premium segment range by introducing models that appeal to the need of young Indian consumers. The R-series and MT-series models enjoy a huge fan base in India because of their superior performance and iconic design. These Yamaha fans have been waiting for a long time to elevate their riding experience with the larger displacement models in this series. In alignment with this dedication, we are excited to announce today the launch of our latest – supersport bike, R3 and hyper-naked, MT-03 in India. We are confident that both these models, showcasing Yamaha’s cutting-edge technology and innovation, will undoubtedly captivate the interest of our young customers in the country and offer them a thrilling ride experience. With the addition of these step-up models in the R-series & MT-series, we look forward to further nurture the growing premium motorcycle segment in India.”

The R3 has been developed in line with the product concept of “Ride the R Anytime”. The track-oriented characters of the latest Yamaha R3 offer excellent riding confidence, quick-revving performance, and high-rpm efficiency. A near 50/50 weight distribution – ideal setup for supersport bikes – exacted in the latest Yamaha R3 smoothly takes care of the handling performance. The handlebar crown is made of cast aluminum and presents a natural steering feel, while the fuel tank cover ensures unity between the rider and machine. Moreover, the design provides better aerodynamic efficiency with the combo of fairings (cowlings), windscreen, cross layered wing and air duct work that directs airflow to the radiator; everything is an aesthetic pleasure.

The MT-03 comes from the legendary hyper-naked family and is a true master of torque. It has been developed under the concept of “MTs that stimulate your Pride - The Evolution to a True MT Sibling”. This version of the MT-series carries an aggressive design bringing the bold front face with twin-eye positioned lights and yet another distinct “MT” look. Fuel tank area bodywork is well thought-out, offering a sense of size and volume for a big-bike appearance that accentuates the masculinity of the bike. Additionally, offers a snug fit and comfortable sitting position to the rider. The tightly packed look for the front assembly further emphasizes the “mass-forward” body design image highlighting the best of MT family.

Both the motorcycles, which is going to elevate the supersports experience of Yamaha customers, feature a compact and lightweight diamond frame chassis offering optimum balance of strength and rigidity, neutral handling, and easy maneuverability in traffic. Equipped with the all-aluminum DiASil cylinder with offset design and highly heat resistant pistons, they ensure stable engine performance with excellent heat dissipation and reduced horsepower loss. Additionally, the 573mm long swingarm along with mono-cross rear suspension and Upside-Down Front Forks ensure riding confidence. Not just that, the dual-channel ABS lets you ride confidently on any kind of road, while the powerful disc brakes – 298mm at the front and 220mm at the rear provides excellent stopping power with plenty of feel at the lever.

Price and Availability

The R3 and MT-03 both are exemplary specimens of Japanese technology and Yamaha’s multi-decade expertise in producing power-packed and exciting two-wheelers. These models will be available in India as Completely Built-Up Units (CBUs) and will be exclusively sold through select Blue Square dealerships of Yamaha. The customers can book both these models only at India Yamaha Motor’s Website – https://www.yamaha-motor-india.com/ from 15th December onwards.

Yamaha will continue to carry forward the rich legacy of the popular sports bike with such exciting upgradations, thereby enriching the overall experience of the biking enthusiasts in India.

About Yamaha Motor India Group of Companies

Yamaha Motor made its initial foray into India in 1985 as a joint venture. In August 2001, it became a 100% subsidiary of Yamaha Motor Co., Ltd, Japan (YMC). In 2008, Mitsui & Co., Ltd. entered into an agreement with YMC to become a joint investor in India Yamaha Motor Private Limited (IYM). IYM's manufacturing facilities comprise State-of-the-art plants at Surajpur (Uttar Pradesh) and Kanchipuram (Tamil Nadu). The infrastructure at these plants supports the production of motorcycles and parts for the domestic as well as overseas markets. YMC has established its subsidiaries - Yamaha Motor Research and Development India Pvt Ltd. (YMRI), Yamaha Motor India Sales Pvt Ltd. (YMIS) and Yamaha Motor India Pvt Ltd. (YMI) in India to independently support IYM in the development, sales & marketing of its products and overall business planning & regional control respectively.

Presently, its product portfolio includes YZF-R15 V4 (155cc), YZF-R15S V3 (155cc),  MT-15 V2 (155cc); Blue-Core Technology-enabled models such as FZS-Fi Version 4.0 (149cc), FZS-Fi Version 3.0 (149cc), FZ-Fi Version 3.0 (149cc), FZ-X (149cc), AEROX (155cc) and scooters like Fascino 125 FI Hybrid (125cc), Ray ZR 125 FI Hybrid (125cc), Ray ZR Street Rally 125 FI Hybrid (125cc).

TIPS Industries Onboards Kiran Dcruz As Senior Vice President For Brands And Partnerships

* Kiran will build the brand business and mine new partnership opportunities between brands, artistes and music

TIPS Industries Ltd. (TIPS), a leading player in the music and entertainment industry, today announced the appointment of Mr. Kiran Dcruz as Senior Vice President for Brands and Partnerships. In his new role, Kiranwill lead the strategy for the TIPS Music brand and build collaborative partnership between brands, artistes and music.

With over two decades across various Sales and Business Head roles in the TV, Radio and Music industry, Kiran Dcruz will bring his deep understanding of the entertainment sector to his new role. His expertise in strategy, music licensing, content creation and team management aligns seamlessly with TIPS Industries' commitment to innovation and growth. Prior to joining TIPS Industries, Kiran served as Head – Brand Partnerships at Sony Entertainment Talent Ventures, where he played a pivotal role in setting up India's first Metaverse consulting company for Brands and Talent.

Chairman and Managing Director, Mr. Kumar Taurani said, “We welcome Kiran to Tips Industries. We leverage his extensive experience to drive strategic brand initiatives and expand the company's footprint in the evolving entertainment and media landscape. This is in line with our commitment of delivering 30% growth to our investors"

Mr Hari Nair, C.E.O, TIPS Industries mentions “Kiran is an experienced creative professional who has a proven track record in ideating and creating great partnerships between music, artists and brands. His expertise aligns very well with our objectives of opening up new revenue streams for Tips. I wish him the best”

Mr. Kiran Dcruz, Senior Vice President - Brands and Partnerships, TIPS Industries said, "I’m delighted to become a part of TIPS Industries, a goldmine of music content. Tip’s music is working wonders now & its perfect time to re[1]imagine opportunities, create music experiences through strategic brand partnerships. I look forward to contribute to the revenues & growth of our company”

Kiran has previously worked with brands like MTV, Fever, Red FM, Radio One and Sony Music Entertainment, handling multiple roles . At Sony Music Entertainment, he was the Director - Brand Partnerships & Music Licensing for eight years and was instrumental in setting up the Brand vertical. This was followed by his role as Head – Brand Partnerships at Sony Entertainment Talent Ventures prior to joining TIPS Industries.

About TIPS Industries Ltd.:

Since its establishment in 1988, Tips has consistently invested in music production, amassing an impressive collection of more than 30,000 songs spanning various genres and languages. Committed to crafting music with broad appeal, Tips Music takes pride in delivering high-quality productions. Over the years, our popularity has surged, earning us essential recognition from partners who now consider Tips a vital source of must-have hits for their platforms.

Shared EV Mobility Leader Yulu Partners With The Bengaluru Midnight Marathon (BMM) 2023 As Official Green Mobility Partner

~Collaboration aims to increase awareness about mental and physical health and underline the importance of sustainable urban mobility~

Yulu, India’s largest shared electric Mobility-as-a-Service (MaaS) player, today announced its association with the 16th Bengaluru Midnight Marathon (BMM) 2023 as the ‘Green Mobility Partner’. The BMM 2023 is being held on December 16, 2023, at KTPO Ground, Whitefield, Bengaluru. The theme for BMM 2023 is ‘Run For Mental Wellness’, a poignant acknowledgment of the crucial role physical activity plays in improving mental health.

One of the first and few night marathons in India, the BMM aims to foster the spirit of running and good health. Past race-day functions at the event have included Indian and Western cultural performances. Currently in its sixteenth year, the BMM is a unique and memorable event that draws runners from all kinds of backgrounds, age groups, and fitness levels.

Mr. R.K. Misra, Co-Founder, Yulu said, “As BMM 2023's official green mobility partner, Yulu is committed to promoting a healthy and sustainable society. The simple act of running teaches us to push past our limitations, deal confidently with life’s challenges, and invite better wellbeing into our lives. The fact that a portion of the raised funds go towards supporting environmental causes also aligns with Yulu’s core belief of making cities greener. Therefore, we are excited to collaborate with BMM once more to achieve these common objectives."

Yulu’s partnership with the BMM will see the company supporting goods-related logistics and people-related logistics (i.e., movement of marshals and organisers) on race-day.

The BMM 2023 is a flagship fundraising event of the Rotary Bengaluru IT Corridor (RBITC), which focuses on education, healthcare, and the environment. The new edition to the roster of events is a Rotary 5K Run. Yulu partnered with BMM in their last physical run in 2019 and 2022 and is continuing the partnership this year.

National Stock Exchange (NSE) Celebrates India's First Ever Listing On Social Stock Exchange Segment By SGBS Unnati Foundation

National Stock Exchange of India’s Social Stock Exchange (NSE SSE) segment scripted a historic moment on 13th December 2023 with the celebration of Country’s First Ever Listing by SGBS Unnati Foundation. The event, held at NSE’s Headquarter located at Bandra Kurla Complex (BKC), Mumbai, was attended by an esteemed gathering of dignitaries, NPOs, Regulators and media houses.

The First Listing witnessed fund mobilization of Approx. INR 1.8 Cr, which will enable SGBS Unnati Foundation to impart training to approx. 10,000 graduating youths in their final years from government colleges located across various states, such as Uttar Pradesh, Madhya Pradesh, Karnataka, Andhra Pradesh, and Tamil Nadu.

Shri. Ashwani Bhatia, Whole Time Member, SEBI said “This is the momentous day for our country as we witness the launch of listings on a new platform that will enable Social Enterprises including Non-profit Organisations to access capital and raise funds for a noble cause. Social stock exchange or SSE is a visionary initiative of the Government of India, that was presented in the budget of 2019 to create an ecosystem that foster social innovation, inclusion, and impact. SSE as envisaged in India does not have any parallel across any jurisdiction across the world and aims to provide a transparent and credible mechanism for investors to identify, evaluate and support social ventures that are creating positive change in our society.”

Dr. R. Balasubramaniam – Chairman, Social Stock Exchange Advisory Committee, SEBI said “The historicity of today’s event is truly coming from the space of working at the grass roots with communities operating under the distress of inconsistent, inadequate funding to ensure social change happens. It is a moment of real pride and honour to be participating with the hope that this will change the social fabric of this country itself. It is all our collective responsibility to make sure that the SSE of India becomes a global benchmark” He also mentioned that capacity building is not only required for the NPOs, but also for the regulators and exchanges. They need to equally understand the social sector.

Shri Ashishkumar Chauhan, MD & CEO of NSE said “NSE listed companies have created social impact in the form of wealth creation, job creation and overall economic growth through common person’s participation in the markets for the last three decades. With the listing on Social Stock Exchange, the impact is going to increase manifold. This framework offers a host of advantages such as Transparency, Trust, Efficiency, Cost Savings, Discoverability, Impact Measurement and Outcome Based Philanthropy. By aligning the dual goals of corporate success and societal impact, SSE creates a space where philanthropists, impact investors, donors, and NPOs converge - each contributing to a shared vision of a more equitable and sustainable future.” He also gave a special mention to SEBI that played a pivotal role in launching the Social Stock Exchange framework in India.

On this occasion, Shri Ajit Kesari - Additional Chief Secretary Finance, Government of Madhya Pradesh talked about the “Social Impact Bond initiative of the Government of Madhya Pradesh through outcome-based funding mechanism under Social Stock Exchange framework. Madhya Pradesh government has been pioneer in adopting new and innovative mechanisms for service delivery backed by the research and diligence. We have identified certain projects across healthcare and livelihood sectors for implementation of social impact bonds, and defined outcome metrics in simple and measurable way. The State Government can offer large-scale enhancement opportunities to SSE registered NPOs through this mechanism.”

Shri Amit Chandra, Co-Founder A.T.E Chandra Foundation and Chairperson, Bain Capital India, a member of the SSE committee said that “Ordinary Indians are capable of solving problems of their brothers and sisters and therefore the social stock exchange is a great enabling idea with potential to thrive in the coming future. Every Social Stock exchange in the world has failed before this one, over a decade, has the potential to succeed. With that there will be hundreds, possibly thousands of listings which will democratise the raising of capital for Indian social profit organisations”.

Currently, there are 39 registered Non-Profit Organizations (NPOs) on NSE SSE Platform and amongst these, several NPOs have already initiated their fund-raising process across the developmental areas such as education, skilling, agriculture, and poverty alleviation of tribal farmers. Moving onwards, many other NPOs are intending to raise fund through SSE platform.

About National Stock Exchange of India Limited (NSE):

National Stock Exchange of India (NSE) is the world’s largest derivatives exchange by trading volume (contracts) as per the statistics maintained by Futures Industry Association (FIA) for calendar year 2022. NSE is ranked 3rd in the world in the cash equities by number of trades as per the statistics maintained by the World Federation of Exchanges (WFE) for calendar year 2022. NSE was the first exchange in India to implement electronic or screen-based trading. It began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on SEBI data. NSE has a fully integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings. NSE also oversees compliance by trading, clearing members and listed companies with the rules and regulations of SEBI and the exchange. NSE is a pioneer in technology and ensures the reliability and performance of its systems through a culture of innovation and investment in technology.

For more information, visit: www.nseindia.com

HFCL Takes The Lead: Unveiling A New Era In Defence Tech With Cutting-Edge Radars

In a notable development, HFCL Limited (HFCL), a technology enterprise in India and provider of state-of-the-art telecommunication products and solutions, is poised to transform its impact in the defence sector. This transformation involves a strategic focus on radar technologies to fulfil the critical Information, Surveillance, and Reconnaissance (ISR) needs of Defence and Security Forces. The deployment of these cutting-edge radar technologies offers unparalleled advantages and showcases versatile applications across multiple sectors, underscoring HFCL's unwavering dedication to innovation and excellence in the defence industry.

In its initial offering, HFCL through its 90% owned subsidiary, Raddef Private Limited, a R&D enterprise specialising in cutting edge radars and RF solutions, has designed a range of Surveillance Radars catered to meet diverse operational needs. These radars employ Frequency Modulated Continuous Wave (FMCW) technology offering numerous advantages over other radar technologies, including high accuracy, low power consumption, and resistance to interference. Apart from the application of ground surveillance for border and parametric security, FMCW radars offer a wide range of applications, from weather radar to navigation systems. Their unique capability to simultaneously measure  distance and velocity positions them as essential technology for various modern applications. With diverse variants catering to specific operational requirements, these surveillance radars are exceptionally versatile, portable, and deployable across challenging and hostile terrains.

HFCL is also actively engaged in the development of a state-of-the-art Drone Detection Radar, poised to be an important component of modern drone detection systems. HFCL’s ongoing cutting-edge research and development initiatives extend to a diverse range of radar technologies. These include Doppler Weather Radars, Threat Emulators, LTE-based Passive Radars, Fog and Foliage Penetration Radars, Coastal Surveillance Radars, Avalanche Detection Radars, Altimeters, and more. These innovative radar systems, spanning various technologies, play a pivotal role in meeting the operational and functional needs of users across diverse sectors and domains.

The worldwide market for surveillance Radars is expected to reach to USD 12 billion per annum by 2030 from the current market size of USD 6.87 billion per annum.

Mr. Mahendra Nahata, Managing Director, HFCL said, "We embark on a transformative journey, driven by a vision to fortify national security and innovation. Our foray into ground surveillance radars, drone detection radars, and a spectrum of advanced radar solutions reflects our commitment to empowering defence and security forces with cutting-edge technology. These radars, with their diverse applications across sectors, symbolize our dedication to safeguarding the present and shaping a secure future for our nation. Our strategic investment of 90% in Raddef Private Limited underscore HFCL's commitment to fostering Make-in-India technology, solidifying our position as a trusted partner in the defence communication domain. "

India accounts for 3.7% of global military spending, making it the third highest military spender in the world after the U.S. and China. This makes it to be a huge opportunity for HFCL to contribute and lead with innovation in Indian Defence tech space.  In alignment with the Government’s Make in India Policy, HFCL is proud to contribute in helping the Country modernise its military capabilities, through its indigenous defence tech innovations.

About HFCL

HFCL is a leading technology company specialising in creating digital networks for telcos, enterprises and governments. Over the years, HFCL has emerged as a trusted partner offering sustainable high tech solutions with a commitment to provide the latest technology products to its customers. Our strong R&D expertise coupled with our global system integration services and decades of experience in fibre optics enable us to deliver innovative digital network solutions required for the most advanced networks.

The Company’s in-house R&D Centres located at Gurugram & Bengaluru along with invested R&D Houses and other R&D collaborators at different locations in India and abroad, innovate a futuristic range of technology products and solutions. HFCL has developed capabilities to provide premium quality Optical Fibre and Optical Fibre Cables, state-of-the-art telecom products including 5G Radio Access Network (RAN) products, 5G Transport Products, WiFi Systems (WiFi 6, WiFi 7), Unlicensed Band Radios, Switches, Routers and Software Defined Radios and defence electronics products.

The Company has state-of-the-art Optical Fibre and Optical Fibre Cable manufacturing plants at Hyderabad, Optical Fibre Cable manufacturing plant in Goa and in its subsidiary HTL Limited at Chennai.

HFCL is a partner of choice for its customers across India, Europe, Asia Pacific, Middle East, Africa and USA. HFCL’s commitment to quality and environmental sustainability inspires it to innovate solutions for the ever-evolving customer needs.

Visit www.hfcl.com for more information.