Monday, July 1, 2024

45% Of India’s Electric Vehicle (EV) Sales Comes From South India: Report


* Tamil Nadu is the R&D hub for many OEMs and battery/cell manufacturing companies

* Top EV Brands and Battery Manufacturers Come Together for India EV 2024, India’s Largest EV Expo & Conference

With the objective to discover innovative solutions, achieve sustainable EV integration in smart cities, and envision a future that blends environmental consciousness with technological progress, India’s largest EV Expo & Conference is back with its 4th Edition – India EV 2024, happening on 29th & 30th June 2024 at the Chennai Trade Centre. A report titled “An Overview of Indian Electric Vehicle Market: Trends And Future Outlook” by Frost & Sullivan is being released in conjunction with India EV 2024, that highlights the nation’s EV goals, trends and outlook.

India EV 2024 is organised by Entrepreneur India, with Citroën as the Title Partner and Powered by Jio-BP. Other sponsors include LUBI and EV Lubricant, complemented by significant support from esteemed industry bodies and ministries including the Ministry of Heavy Industries, the Ministry of Environment Forest & Climate Change, Guidance Tamil Nadu, the Indo-Italian Chamber of Commerce, ARAI (Automotive Research Association of India), and ICAT (International Centre for Automotive Technology).

Thiru S. S. Sivasankar, Hon’ble Minister for Transport, Government of Tamil Nadu is the Chief Guest for the event, and V. Vishnu, IAS MD & CEO Guidance Tamil Nadu is the Guest of Honour. Eminent industry leaders including, Harish Mehta, CEO of JIO BP, Shishir Mishra, Brand Director of Citroen India, Dr. Sauro Mezzetti, Chairman of the Indo–Italian Chamber of Commerce, and Dr. Ashok Jhunjhunwala, Professor at IIT Madras, are sharing visionary insights on the future of electric mobility at the conference.

With an expected attendance of over 2000 participants, the 2-day conference is packed with 120+ distinguished exhibitors, 55+ notable speakers, 10+ panel discussions, B2B roundtables, product launches and networking sessions. Day-1 of the conference emphasizes integration and global expansion, while Day-2 covers battery manufacturing, AI integration, and the prominence of Tamil Nadu's EV production. Themes being discussed at the expo include funding, charging standardisation, EV infrastructure, the availability of semiconductors, and the future of electric mobility in India.

Highlights from the report by Frost & Sullivan on India’s EV market:

Over 123,000 units of Battery Electric Vehicles (passenger cars) are likely to be sold in India by end of 2024; recording an estimated y-o-y growth of 47.9% as compared to ~83,000 units sold in 2023.

Tata Motors leads the way with over 64% market share; Tata Nexon EV was the highest selling EV in 2023.

South India leads India EV sales with almost half the sales in the country coming from the region. 

The growing presence of OEMs, component suppliers and battery/cell manufacturing companies in Tamil Nadu makes the State a central force for the growth of EV sales and the EV R&D hub in India.

Presently, Hyundai Motor and Stellantis have commenced production of EV passenger vehicles in Tamil Nadu, and other prominent automotive companies like Renault-Nissan and BMW are expected to establish themselves and produce EVs in the State.

OEMs are aiming at localising the production of 60-70% EV components by 2030, including critical EV components, apart from the battery.

With Citroën being the title partner of India EV 2024, Shishir Mishra, Brand Director of Citroen India delivered a keynote address, sharing his views on building a conducive EV ecosystem in India. He said, "By prioritizing innovation, investing in infrastructure, and implementing supportive policies, India can establish itself as a global leader in the electric vehicle industry. We must focus on research and development, foster collaboration with industry stakeholders, and remain committed to sustainability."

"The 4th edition of the India EV Show is a testament to the growing importance of electric vehicles in the global automotive industry. We are excited to bring together a stellar lineup of industry leaders, top manufacturers, suppliers, and enthusiasts to drive forward the transition to cleaner, greener transportation. Hosting this event in Chennai for the second time reiterates the city's strategic importance as a hub for automotive innovation and sustainable development.  With a diverse range of exhibitors and cutting-edge technologies on display, attendees will have the unique opportunity to experience firsthand the advancements that are shaping the future of mobility,” said Sachin Marya, Managing Director of Franchiseindia.com Ltd.

Hero MotoCorp Pays Tribute To Founder, Dr. Brijmohan Lall Munjal With The Collector's Edition Motorcycle - 'The Centennial'


* Meticulously Handcrafted Units For The Chosen 100 – By Invitation Only

Dr. Brijmohan Lall Munjal, Founder Chairman of Hero MotoCorp, inspired billions worldwide. His vision transformed the landscape of the Indian automotive industry,  and the Indian industry, leaving behind a legacy of ingenuity, innovation, courage and integrity. For him, business transcended profit - it was about people, both the individual and the community. 

As we celebrate the completion of one year of his centennial anniversary, I am overwhelmed and proud to introduce ‘The Centennial’ - a marvel of engineering crafted in honour of his legacy. ‘The Centennial’ is not merely a landmark motorcycle but a memoir, written in steel and carbon fibre. This magnificent machine's design, engineering and technology all reflect the indelible mark of our inspiring Founder.

His inclusive vision embraced everyone in the Hero community – our customers, employees, dealers, partners, suppliers, and other stakeholders. Over these 100 days, we celebrate the man who started it all. I invite everyone to join us in honouring Dr. Brijmohan Lall Munjal on his 101st birth anniversary."   

Dr. Pawan Munjal

Executive Chairman

Hero MotoCorp

Hero MotoCorp, the world's largest motorcycle and scooter manufacturer, is paying tribute to its visionary Founder Chairman, Dr. Brijmohan Lall Munjal, with the collector's edition motorcycle, 'The Centennial.'

'The Centennial' was conceptualised, designed and developed by the global experts at the Hero Centre for Innovation and Technology (CIT) in India and the Hero Tech Centre in Germany (TCG). This masterpiece reflects the company's commitment to innovation and excellence. With only 100 meticulously handcrafted units, it embodies premium performance and craftsmanship.

In honour of Dr. Brijmohan Lall Munjal's 101st birth anniversary, the company will auction these bikes to its employees, associates, business partners, and stakeholders. The proceeds from the contributions will be utilised for the society's greater good, reflecting the Founder's enduring value of giving back to the community.

Deliveries of ‘The Centennial’ will begin in September 2024.

Additionally, driven by its commitment to inclusivity and sustainability, the company is celebrating 100 days of customer and employee engagements across its facilities and dealer network, including its Global markets. During this period, customers who buy any Hero motorcycle or scooter will have the unique opportunity to receive 100% cashback on their purchase. This offer is available for a limited number of 100 vehicles. Further details are available on the company website and social media platforms.

Hero MotoCorp will also be inviting its customers to partake in the ‘My Hero, My Story' campaign, where they can share anecdotes showcasing their unique bond and journey with the brand. A distinguished panel of experts from diverse backgrounds will carefully evaluate the submissions, and the top entries will be rewarded with the coveted ‘The Centennial.’

The Centennial

‘The Centennial’ stands out with its exceptional craftsmanship, carbon fibre and milled aluminium usage, and meticulous engineering.

Its distinctive elements include a lightweight aluminium swingarm for an enhanced riding experience and newly designed carbon fibre body panels for sleek aesthetics and structural rigidity. ‘The Centennial’ features are specially developed, machined, and anodised, including handlebars, handlebar mounts, triple clamps, and rear-set foot pegs.

Delivering impressive performance and agility, the bike is equipped with a gas-charged, fully adjustable mono-shock from Wilbers and a 43-mm upside-down front suspension with damping adjustment.

A distinct, deep exhaust note emanates from the top-of-the-line carbon fibre and titanium exhaust system by Akrapovic, which is specially tuned for peak performance and integrates seamlessly with the bike.

The solo seat with a carbon fibre seat cowl and milled aluminium special edition numbered badging on the side covers add to the bike's uniqueness and exclusivity. Attention to detail is evident in the diamond-cut alloy wheels and the engine and frame's paint scheme, which enhance the motorcycle's visual appeal.

With a low kerb weight of 158 kg, ‘The Centennial’ is exceptionally light, offering superior throttle response and improved handling and braking performance.

For more information, visit - https://www.heromotocorp.com/en-in/the-centennial.html

Photo Caption  Mr Jae Jun Lee, CEO OF Curexo.co, South Korea, Dr Alessandro Lelli, Director of Orthopedic Department, Villa Regina Hospital, Italy, Swami Muktidananda, Trustee of Ramakrishna Math & Member of Governing Body of Ramakrishna Mission, Belur Math, Dr Chandrashekar P, Director, IKOC and Mr. Vivek Shah, Chief Executive Officer - Meril Life Science.

International Knee And Orthopedic Centre Inaugurated In Bangalore


The International Knee and Orthopaedic Centre inaugurated in the presence of Mahant Sri Sri 1008  Narresh Purri Maharaj, President of Shri Ghata Mehandipur Balaji Trust, Dausa, Rajasthan, Swami Muktidananda, Trustee of Ramakrishna Math & Member of Governing Body of Ramakrishna Mission, Belur Math,  Mr Yuichi Nagano, Managing Director, Sakra World Hospital, Mr Naoya Matsumi, Deputy Managing Director, Sakra World Hospital, Mr Lovekesh Phasu, chief operating officer, Sakra World Hospital, Dr Alessandro Lelli, Director of Orthopedic Department, Villa Regina Hospital, Bologna, Italy, Dr Valentina Sangiorgi, Orthopedic Surgeon, Villa Regina Hospotal, Bologna, Italy, Mr Jae Jun Lee, Chief Executive officer, Curexo.in, South Korea and Mr Jean Cho, International Sales Senior Manager, Curexo.co, South Korea.

International Knee and Orthopaedic Centre (IKOC) is a 50-bedded super speciality hospital, equipped with 4 modular operation theatres, 8 ICU beds and 6 emergency beds. Located in the heart of HSR Layout, International Knee and Orthopaedic Centre (IKOC) has 6 Suite rooms, 4 deluxe rooms and 26 single rooms.

Speaking about the launch, Dr Chandrashekar P, Director, IKOC said, “We are elated to launch IKOC which has some of the best orthopaedic doctors in Bengaluru. We can tackle any complex knee, hip, shoulder or bone problem. IKOC will ensure comprehensive care for every patient.”

Sharing his thoughts, Mr Yuichi Nagano, Managing Director, Sakra World Hospital, India said, “We have been closely working with Dr Chandrashekar P for 10 long years. We look forward to extending SAKRA’s accessibility to many more patients by collaborating with Dr Chandrashekar.P.”

In a groundbreaking move, IKOC launched India’s first fully active MISSO Robot, a cutting-edge technology designed to enhance the precision and recovery time of joint replacement surgeries. This advanced system aids in performing surgeries with the highest accuracy, minimal blood loss and faster patient recovery, setting a new standard in orthopaedic care.

Dr Chandrashekar P, Director of IKOC, played a pivotal role in designing this robotic system. Commenting on the big step forward, Dr Chandrashekar P said, “The launch of the Made in India knee replacement robot MISSO – for the first time in India, is a defining moment in the orthopaedic field.  MISSO will democratise robotics in the country. This is a transformative and future forward technology platform for many more such path-breaking innovations in the medical field. With MISSO, we will be able to provide quality healthcare and bring about precision outcomes for a larger demography in India. Launching of the MISSO robot is a giant step forward to reduce India’s import dependency in robotics.” 

This Made in India robot marks a significant leap forward in robotic surgery, promising remarkable outcomes while showcasing the nation’s prowess in medical innovation. The MISSO Robot has been developed by Meril Life Sciences, an India-based global medical device company. The indigenously made robot is all set to transform the landscape of orthopaedic surgery.    

About IKOC:

International Knee and Orthopaedic Centre is a super specialty facility from Sakra World Hospital, Bengaluru which specializes in providing top-tier care across all orthopedic specialties.  IKOC is dedicated to providing top-tier care across all orthopaedic specialities. The hospital offers advanced treatments such as Robotic and Computer-navigated Joint Replacement Surgeries, Arthroscopic keyhole surgery, Sports medicine surgery, Trauma surgery and Pelvic acetabular surgery, Pediatric orthopaedic surgery and Spine surgery. The hospital has been enabled with round-the-clock support from other departments like plastic surgery, general surgery, cardiology and rehabilitation.

About Meril Life Sciences:

Meril is a leading global medical device manufacturing company based in India that has been pivotal in establishing India as a leader in the global medical devices industry. The company's strong focus on research and development (R&D) and commitment to quality has allowed it to offer cutting-edge MedTech solutions in more than 135 countries. Additionally, Meril has a large presence in India with wholly-owned subsidiaries in the USA, UK, Europe, Middle East, Africa, Brazil, South America, Australia & Asia.

With its strong commitment to innovation and quality, Meril has transformed healthcare in India and created significant footprints across the globe. Through global partnerships and the use of advanced technology, the company prioritizes quality and adherence to international standards, fostering a thriving R&D environment. Meril's efforts have effectively established India as a center for medical device innovation and production.

About MISSO

The indigenously made MISSO robot offers unprecedented precision and consistency. Its advanced capabilities allow for minimally invasive surgery, which significantly reduces recovery time and enhances patient outcomes. It has smallest ever footprint in the operation theatres and is sure to make mobility better for patients.

With MISSO, Meril aims to provide the platform indigenously alongside an ecosystem of training and support that will make robotic surgery highly accessible, not only in Metros, but also in Tier 2 and Toer 3 cities.  MISSO’s technological marvel lies in its ability to integrate real-time data with meticulous surgical planning. Utilizing advanced imaging and 3D modeling, the robot assists surgeons in preoperative planning and intraoperative guidance. This ensures that each surgical move is executed with unparalleled accuracy, leading to better alignment and positioning of the knee implants. The precision of MISSO enhances the durability of the knee implants and also improves overall patient satisfaction and mobility post-surgery.

Information Technology: Seasonality To Support Sequential Growth; Uptick In YoY Growth


Q1FY25 revenue growth is likely to reflect seasonal strength and benefits of large deal ramp ups, although discretionary spending remains weak. We expect YoY growth trajectory to show improvement on the back of large deal ramp ups, broadly stable demand environment, and no further deterioration in discretionary spending. Delay in decision-making on account of macroeconomic uncertainties continue to restrict meaningful pick-up in growth momentum. Margin performance is likely to be mixed depending on wage-hike cycle (few select companies), higher travel costs, and transition costs of large deals. Commentary on recovery in demand will be keenly watched to gain confidence on sustainable improvement in YoY revenue growth trajectory. Large deal announcements reflect some moderation in deal wins in Q1. Going ahead, we believe the interest rate cuts will act as a trigger for revival in discretionary spending and an uptick in technology spending. NIFTY IT underperformed the broader market by ~4% over a period of 3M due to delayed demand recovery. However, it outperformed over a 1M period due to the recent portfolio shift after the election outcome, and hope for better CY25. We continue to prefer large caps over mid-caps. Our pecking order is INFO, HCLT, WPRO, TECHM, TCS, and LTIM in large caps. Among mid-caps, we prefer BSOFT, FSOL, MPHL, CYL, and Zomato.

Revenue growth to reflect seasonal uptick

We expect revenue growth to improve sequentially for most companies under our coverage universe on the back of seasonal strength, benefits from large deal ramp ups, and stability in the BFSI vertical. We expect select mid-cap companies to outgrow large caps; however, overall growth between large caps and mid-caps is expected to narrow on sequential basis in Q1. For Tier-1 companies (except WPRO and HCLT), we estimate revenue growth of 0.6-2.0% QoQ while mid-caps (except LTTS and CYL) are expected to grow 1.0-5.0%. Among verticals, select companies highlighted early green shoots in BFSI (particularly in North America) in Q4FY24, and the trend continued in Q1 as well. Healthcare and Manufacturing are expected to remain relatively resilient. Communications should benefit from large deal ramp ups in select companies, although the underlying demand remains weak. Deal wins should moderate this quarter. We expect INFO (1-3% CC YoY; 20-22% EBITM) and HCLT (3-5%; 18-19% EBITM) to retain their FY25E guidance. We expect WPRO to guide for -1% to +1% growth for Q2FY25E.

Margin trajectory to vary basis companies

Margin performance is likely to be mixed depending on wage-hike cycle (few select companies), higher travel costs (visa costs), and large deal transition costs. EBITM trajectory on YoY basis should be stable/show improvement for most of our coverage companies. For Tier-1 companies, we expect margin swing of -150 to 100bps QoQ, while the same for Tier-2 companies should be -90 to 40bps QoQ. Attrition is again expected to remain steady, whereas lateral hiring trends should remain muted given uncertain demand.

Key monitorables

1) FY25 revenue/margin guidance, 2) Recovery in discretionary spending, 3) Pace of decision-making, 4) Demand trends in key verticals of BFSI, Retail, Manufacturing, Communications, and Hi-Tech, 5) Deal intake and pipeline, 6) Attrition and hiring trends, 7) Progress on Gen AI, 8) Pricing environment, and 9) impact of insourcing/GCC on growth.

Platinum Love Bands: Perfect For Every Unique Love Story Across The Nation


~Celebrate your relationship milestones with exquisite platinum love bands~

Every love story is unique, weaving its own tale of emotions and memories. Whether your love is rooted in authenticity, defined by unwavering support, celebrated in imperfections, or thrives on adventure, there's a special pair of platinum love bands designed to reflect and celebrate your bond.

And what better way to celebrate a unique love story than with the metal of love? Cast in 95% pure and rare platinum, Platinum Love Bands are the ultimate symbol of love. embodying modern values such as respecting individuality, sharing responsibilities equally, transcending traditional roles and transcending traditional roles. Known as the ‘metal of love’ platinum resonates with the new-age values that define younger generation’s interpretation of love and togetherness.

This season, platinum love bands are capturing hearts and setting trends. Renowned for their enduring beauty and unmatched durability, they offer couples seeking timeless elegance and contemporary style. Choosing platinum love bands means embracing a blend of tradition and modernity, ensuring your symbol of love remains exquisite for a lifetime.

Speaking on the latest trends when it comes to engagement rings set in platinum, Pallavi Sharma, Business Director, Platinum Guild International (PGI)- India said,"Influenced by global trends, Platinum Love Bands have become popular in engagement rings. Key trends include the ‘Modern Vintage’ aesthetic, blending traditional and contemporary designs, ‘Three Stone’ or 'Trinity' rings symbolizing enduring love, and the celebrity-favored ‘Toi Et Moi’ style, pairing two gems for intimate connections. Couples are also choosing gemstones beyond diamonds, exploring various cuts, colors, and bespoke designs. This includes colored gemstones like sapphires, tourmalines, and emeralds, fancy cuts such as ovals and Asschers, unique elements like enamel and colored rhodium accents, and personalized touches like vintage details and engravings."

Asymmetrically designed Platinum Love Bandscelebrate the beauty in imperfections, reminding couples to love and accept each other even on those not-so-perfect days.

Featuring a radiant central motifwith a sparkling centre, these platinum love bands symbolize how love illuminates the world, echoing the unwavering power of love.

Whether you prefer classic, intricate, or contemporary designs, Platinum Love Bands by PGI India provide endless options to express your unique love story. Available across leading jewellery retail stores in India, these bands ensure your commitment shines with the timeless elegance of platinum.

Website:https://platinumdaysoflove.com/

ABOUT PLATINUM GUILD INTERNATIONAL (PGI)

Platinum Guild International (PGI) is a marketing organisation with the vision to develop the global platinum jewellery market as a new demand source for platinum. It was formed in 1975 with specialist teams dedicated to growing the global platinum jewellery market through consumer and trade-facing programmes in the four key jewellery markets of China, India, Japan and USA. Since then, jewellery development has demonstrated a strong track record in delivering results. Through various programmes, both direct-to-consumer and in collaboration with jewellery retailers andmanufacturers, PGI creates consumer ounce demand by first identifying opportunities for platinum in jewellery, and then developing them with partners. It also aims to build an enduring commitment to platinum in jewellery. PGI’s consumer marketing and educational programmes are focused on developing awareness and an appreciation for platinum’s unique properties as a precious metal for fine jewellery.In addition, PGI works globally with collaborative partners running extensive marketing programmes in the four main platinum jewellery markets of China, Japan, USA and India. These markets are staffed with experts in strategic planning, marketing, retail, design and business development.

PGI is funded by the leading platinum producers of South Africa, as well as through co-funded programmes with the jewellery industry.

PURITY ASSURANCE PROGRAM

PGI has partnered with TUV India Pvt Ltd to implement a robust audit programme to ensure the purity of platinum under its programme. TUV is one of the country’s first certification bodies and has been closely associated with the quality revolution in India. Under Platinum Guild India’s quality assurance programme, each individual piece of jewellery has an assured purity as high as 95%. And as a proof of this assurance, every piece is stamped ‘Pt950’ and comes with a tamper-proof quality assurance card that distinguishes authentic platinum from other jewellery.

A Unique Identification Number is also stamped on the jewellery in addition to the detailed description of the piece you choose for yourself. Our quality assurance programme is in place to ensure transparency and that the platinum the consumer buys is of the highest quality. After all, that is what true value is all about.

Canon India Appoints Toshiaki Nomura As New President & CEO to Drive Future Growth Of The Company


* Mr. Toshiaki Nomura succeeds Mr. Manabu Yamazaki, who led the Indian market's operations for the past three years

Canon India, the global leader in digital imaging technologies, today announced the appointment of Mr. Toshiaki Nomura as the new President & CEO for Canon India, effective July 1, 2024.

Mr. Nomura has been associated with Canon since 1999, and prior to joining Canon India, he played a pivotal role in leading Canon's Business Imaging Solution (BIS) Division in the Canon Southeast & South Asia Region. Furthermore, with Mr. Nomura's guidance and approach, the BIS Division has achieved significant and sustainable growth.

Expressing his enthusiasm on taking on the new role of spearheading Canon’s business strategy and operations in India, Mr. Nomura said, “India’s vibrant and dynamic market offers immense potential, and Canon India is at an exciting stage in its growth journey, by harnessing these opportunities and expanding into new segments. I am thrilled and honored to lead the company through this transformative phase and collaborate with my talented team. Along with continuing our focus on strengthening core business of imaging and printing, I am particularly excited about contributing to development of new businesses such as surveillance, business solutions and industrial printing. By deeply understanding and addressing the unique requirements of the Indian market, it will be my endeavor to ensure our customers are consistently delighted with our high-quality products and services.”

Mr. Nomura’s extensive experience and strategic vision have been instrumental in driving remarkable growth and innovation for Canon in his previous endeavors. With him at the helm of Canon India’s operations, the company aims to continue its upward growth trajectory, by aggressively expanding into Tier 2 and Tier 3 cities, developing new business segments, and strengthening brand presence across the nation. Canon India remains committed to its mission of ‘Delighting customers always’, by contributing to Indian society and economy through their business, product innovations and community centric initiatives.

About Canon Inc.

Canon Inc., headquartered in Tokyo, Japan, is a leader in the fields of professional and consumer imaging equipment, industrial equipment, and information systems. Canon’s extensive range of products includes production printers, multifunction office systems, inkjet and laser printers, cameras, video and cinematography equipment, network cameras and semiconductor-manufacturing equipment. Originally established in 1937 as Precision Optical Industry, Co., Ltd., a camera manufacturer, Canon has successfully diversified and globalized to become a worldwide industry leader in professional and consumer imaging systems and solutions. With about 169,000 employees worldwide, the Canon Group includes manufacturing and marketing subsidiaries in Japan, the Americas, Europe, Asia and Oceania; and a global R&D network with companies based in the United States, Europe, Asia and Australia. Canon’s consolidated net sales for fiscal 2023 (ended December 31, 2023) totaled $29.44 billion (at an exchange rate of ¥142=U.S. $1). Visit the Canon Inc. website at: global.canon

About Canon India

Canon India Pvt. Ltd. is the sales and marketing subsidiary of Canon Inc., a world leader in imaging technologies. Having started its operations in 1997, Canon India markets a comprehensive range of sophisticated contemporary digital imaging products and solutions in India. The company today has offices in 10 cities across India with merchandise warehousing facilities at 4 location and employs 1000 staff and over 850 channel partners. Canon India enjoys a vast retail presence across the country through Canon Image Square (CIS) stores, PIXMA Zones, and BIS Lounges. Canon India’s service reach extends to over 632 towns covering 19,118 PIN codes across India – which comprises of 349+ Camera collection points, 15 Camera repair centers, 320+ Printer repair centers, 183 Copier, Scanner and 120 Large Format Printer Sales & Service dealers. (Updated as of April 2024)

In sync with its corporate tagline- ‘Delighting You Always’, reinforced by World-class technology, Canon offers an extended product portfolio, including Digital Production Printers, Large Format Printers, Commercial Printers, Multi-Functional Devices, Managed Document Services, Inkjet & Laser Printers, Document and Cheque Scanners, Digital Cameras, DSLRs, Mirrorless cameras, Cinematic Imaging Products, and Surveillance cameras catering to the multiple market segments of consumer, SME, B2B, Commercial, Government & PSUs.

Amingad’s Vijaya Karadant Opens Fourth Sweet Outlet In Basaveshwaranagar, Bangalore


* A sweet that is nutritious, delicious, and mouth-watering!

Amingad’s Vijaya Karadant, India's first and foremost Karadant maker since 1907, proudly announces the opening of its fourth outlet in Bangalore and the 25th in Karnataka. The new branch, located in the bustling area of Basaveshwaranagar, was inaugurated today by former minister Sri. Gopalaiah and Sri. Masala Jayaram, Teju Masala.

Renowned for its commitment to traditional methods, Amingad’s Vijaya Karadant continues to delight customers with its signature sweets. The brand's dedication to quality is evident in their use of the finest and healthiest ingredients, and the absence of artificial sweeteners, preserving the authentic taste cherished for over a century.

Addressing the media, Mr. Santosh Aiholli, proprietor VIJAYA KARADANT said "We are thrilled to open our new outlet in Basaveshwaranagar, expanding our reach in Bangalore," said Mr. Santosh Aiholli “Our commitment to maintaining traditional recipes and using high-quality, healthy ingredients remains our top priority. We are grateful for the support of our customers and look forward to serving the community with our authentic Karadant."

Amingad’s Vijaya Karadantu has built its reputation on the quality and authenticity of its sweets. Each piece of Karadantu is crafted with the utmost care, ensuring that every bite is a testament to their rich legacy. The new outlet in Basaveshwaranagar is set to become a go-to destination for sweet lovers, offering the same beloved taste that has stood the test of time.

About Amingad’s Vijaya Karadant

Founded in 1907, Amingad’s Vijaya Karadant is India's first traditional Karadant maker. Known for using the finest and healthiest ingredients and commitment to conventional methods, the brand has expanded to 24 outlets across Karnataka, with four in Bangalore. Each sweet is made with care, preserving the rich heritage and authentic taste that has delighted generations of customers.

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