Toyota Kirloskar Motor Signs MOU With Maharashtra For Proposed New Investment

* Toyota Kirloskar Motor (TKM) has signed an MOU with the Government of Maharashtra to explore the potential of setting up of a Green Field Manufacturing Facility.

This announcement comes close to the recent two mega investment commitment in the State of Karnataka that includes the setting-up of 3rd plant in Bidadi with an investment of Rs. 3,300 crore

Reaffirming a strong commitment to India, Toyota Kirloskar Motor today signed a Memorandum of Understanding (MOU) with the Government of Maharashtra, to examine the setting-up of a Green Field Manufacturing Facility at Chhatrapati Sambhaji Nagar.  Headquartered in Karnataka, TKM already boasts a world-class manufacturing setup with two state-of-the-art units located at Bidadi, well-equipped to contribute and strengthen India’s position in the global automobile landscape.

The Memorandum of Understanding with the Government of Maharashtra was exchanged today by Dr. Harshadeep Kamble (IAS), Principal Secretary (Industries), Government of MH and Mr. Sudeep Santram Dalvi, Director & Chief Communications Officer, TKM in the august presence of Mr. Eknath Shinde Ji, Hon'ble Chief Minister, Mr. Devendra Fadnavis Ji, Hon'ble Deputy Chief Minister, Mr. Ajit Pawar Ji, Hon'ble Deputy Chief Minister and other key dignitaries. Present from TKM were Mr. Masakazu Yoshimura, MD and CEO of Toyota Kirloskar Motor and Regional CEO at Toyota Motor Corporation (TMC), Ms. Manasi Tata, Vice Chairperson TKM, Mr. Swapnesh R. Maru, Deputy Managing Director TKM.

Since the commencement of its operations in 1999, India has been growing in importance and has now become a vital market for Toyota globally. Operating under the core values of “Grow India - Grow with India,” the company has been working extensively to expand its operations in alignment with key national priorities of skill enhancement, localization and development of the local ecosystem.

Integral to the company’s robust operations and significant expansion has been the immense support by Government of India and the state of Karnataka which has laid a strong foundation of growth that has now enabled the company to enter the next stage of expansion. Over the past 25 years, Toyota has well established itself as a model company for innovation and manufacturing practices leading to large scale economic and social development of the region. In the State of Karnataka, Toyota Kirloskar Motor including its group companies has invested more than INR 16,000 crores and created close to 86,000 jobs in the entire value chain (including supplier and dealer partners) underlining its philosophy of making in India not only for India but for the world, Toyota’s cumulative export contributions also stand at approx. INR 32,000 crores thus representing the company's export focus.  The company has also made a difference to over 2.3 million lives by championing various social cause aimed at enhancing quality of life at grassroot level.

About the New Green Field Manufacturing Unit in Maharashtra

Backed by an expanding product portfolio, steadily increasing consumer demand for world-class products and growing export orientation, proposal for the new facility is a testament to TKM's strong commitment to India. Under the MOU, TKM is considering a significant investment for setting up a Greenfield Manufacturing Facility that will further strengthen the company's focus on advanced green technologies along with quality products and services. The proposed investment, once finalized, is expected to be made over a multi-year period, potentially contributing to substantial job creation and economic growth in the region.

The strategic location is likely to enhance TKM's ability to meet business and logistical requirements more efficiently, allowing the company to serve wider markets within the country and abroad thereby offering significant advantage and growth opportunities.

Present at the MOU event on the occasion, Mr. Masakazu Yoshimura, MD and CEO of Toyota Kirloskar Motor and Regional CEO at Toyota Motor Corporation (TMC) said “Toyota Motor Corporation believes that India is well positioned to become a global manufacturing hub for cleaner and greener mobility solutions. This belief was reinforced with the recent regional restructuring which elevated India to play central role by being integrated into the Middle East, East Asia & Oceania Region and acting as the hub of the new “India, Middle East, East Asia & Oceania Region”. Today’s MOU signing marks a pivotal point as we stride into the next phase of growth in the country enabling us to contribute to enriching lives with qualitative mobility solutions locally and globally.”

Commenting on the MOU and present at event Ms. Manasi Tata, Vice Chairperson, Toyota Kirloskar Motor said “For us at the company, the last 25 years of operational excellence from our Bidadi Plant has created the foundation for future direction of Toyota in India. Our strategic focus on “Make in India” and “Skill India” will enable us to implement sustainable, long-term growth strategy which will enable us to offer cleaner greener mobility solutions to our customers and act as a catalyst towards Government’s roadmap of “Viksit Bharat 2047”.”

Speaking of the new MOU event, Mr. Swapnesh Maru, Deputy Managing Director, TKM said “The State of Karnataka has helped us to firmly establish ourselves as a tested base for manufacturing excellence. Proposal for the Green Field Manufacturing Facility at Chhatrapati Sambhaji Nagar continues our commitment to advancing sustainable mobility in India. This will act as a tipping point to unlock the potential of Marathwada region, unleashing its entrepreneurial capabilities and providing new age skills to its youth so as to bring Marathwada as a key contributor to Maharashtra’s growth.”

At present, TKM already has a resilient world-class manufacturing base in India, the company has two plants located in Bidadi with an annual installed capacity of 3.42 lakh vehicles/year employing over 6000 people. Operations at both our plants are guided by Toyota Environmental Challenge (TEC) 2050 that acts as the bedrock of the company’s commitment towards a greener future and a better world. Toyota has adopted various environmental risk mitigating measures through TEC 2050, towards realizing the carbon neutrality targets. In addition, the facility also houses a robust base of over 200 suppliers all dedicated towards providing world-class parts towards making ever-better cars that are aimed at producing “Mass Happiness for All”.

In 2023, TKM announced fresh investments of about Rs. 3,300 crores for a new 3rd plant in Bidadi facility. This expansion, aimed at contributing to Make-in-India, increases TKM’s production capacity by 100,000 units, annually thus further adding to the growth of local ecosystem of suppliers and job creation of over 2000 direct employment in state of Karnataka. With this third plant expansion going mainstream in 2026, TKM’s annual production capacity at Bidadi is expected to be augmented to 4.42 lakh annually.

Prior to this in the year 2022, Toyota Group of companies that constitutes of Toyota Kirloskar Motor and Toyota Kirloskar Auto Parts (TKAP) had signed and announced their Memorandum of Understanding (MOU) with the Government of Karnataka to invest INR 4,100 crores aimed at making deeper cuts in CO2 emissions and enhance electrification and fast pace shift towards greener technologies.

Research Reveals That Organizations Embracing Strategic Response Management Are Driving Outsized Results

* Leading Companies with Higher Revenue Growth are 3X More Likely to Use AI-Powered Strategic Response Management Platforms than Novices

Responsive, the leader in Strategic Response Management (SRM), in partnership with the Association of Proposal Management Professionals (APMP), today released new research highlighting the significant contribution that bid and proposal teams make to topline revenue. The “2024 State of Strategic Response Management Report” reveals that more than 90% of survey respondents recognize proposal teams as central to revenue generation. Additionally, 77% noted an increase in the volume of RFPs and other strategic responses over the past year. Nearly half of the respondents identified tighter buyer budgets, demands for more information to be delivered faster, and increased competitive pressure as key challenges.

The growing pressure to generate more revenue, coupled with the increased volume and complexity of information requests, has catalyzed the emergence of Strategic Response Management – the people, practices, and technology that unlock organizational knowledge for profitable growth.

"Historically, bid and proposal teams have been seen as cost centers, but this view is outdated,” said Danelle Morrow, VP, North America Proposal Development Center at Sodexo. “By elevating the practice, proposal teams are transforming into strategic response teams that align cross-functional stakeholders, processes, and systems to deliver winning responses to information requests by harnessing a company’s knowledge. The results are happier employees and greater topline revenue. It’s time to recognize proposal teams for their vital role in making the revenue engine hum."

“Bid and proposal teams have always been key growth drivers. As they face even more pressure to contribute to revenue, they are rising to the challenge, and in doing so, raising their profile in their organizations,” says Rick Harris, CEO of the Association of Proposal Management Professionals. “There is power in leveraging all of an organization’s internal and external knowledge to position bid and proposal teams for the win. By embracing AI and linking strategic responses to better outcomes like higher win rates, increased revenue and better employee experiences, these teams are elevating their profession, gaining more investment, and raising their visibility as a critical part of the revenue engine.”

In the SRM report's second year, Responsive surveyed over 750 sales, proposal, and IT executives and practitioners in the US, UK, and India who have ownership or influence over their company’s bid, capture, and proposal management activities. Participants were categorized as Leaders or Novices based on win rates, revenue growth, or employee satisfaction.

The Impact of AI on Strategic Response Management

The research indicates a clear divide between leading companies, which report increased revenue through the use of a response platform incorporating AI, and Novices, who primarily use traditional productivity tools and ad hoc processes. Most Leaders view AI as augmenting human input rather than replacing it, with 56% of Leaders anticipating that AI will optimize staff time without increasing team size.

“With an increase in the variety, complexity, and volume of information requests, combined with greater pressure to grow revenue, the benefits of AI-powered Strategic Response Management are clear. Today, AI is bringing measurable value to bid and proposal teams, not only by increasing productivity but also by driving more revenue,” said Ganesh Shankar, CEO of Responsive. “Forward-thinking leaders are reaping the benefits of the latest AI advances, as evidenced by greater win rates and employee satisfaction.”

Eighty-nine percent of respondents are experimenting with or have already used AI software to respond to information requests. But it’s the leading organizations that are driving greater revenue by investing in platform-level capabilities that extend beyond GenAI functionality for generating responses. Forty-five percent of Leaders, who experienced year-over-year revenue growth, use SRM platforms with natively embedded AI.

Other key findings:

85% of proposal teams designated as Leaders shape their company’s go-to-market strategy.

80% of Leaders are more likely to use data and analytics from response systems to improve processes and increase win rates, compared to only 61% of Novices.

Less than half of Novices have self-service tools for bids and grant access to users outside of the response team to content used in strategic responses, while 84% of Leaders do, boosting employee satisfaction.

To download the full, ungated report, visit the  2024 State of Strategic Response Management Report page.

About Responsive:

Responsive (formerly RFPIO) is the global leader in Strategic Response Management software, transforming how organizations share and exchange critical information. The AI-powered Responsive Platform is purpose-built to manage responses at scale, empowering companies across the world to accelerate growth, mitigate risk and improve employee experiences. Nearly 2,000 customers have standardized on Responsive to respond to RFPs, RFIs, DDQs, ESGs, security questionnaires, ad hoc information requests and more. Responsive is headquartered in Portland, OR, with additional offices in Kansas City, MO and Coimbatore, India. Learn more at responsive.io.

About APMP:

The Association of Proposal Management Professionals' mission is to be the trusted leader that serves a global community of bid and proposal development life cycle professionals. APMP promotes the professional growth of its members by advancing the arts, sciences, and technologies of winning business. APMP is the worldwide authority for professionals dedicated to the process of winning business through proposals, bids, tenders, and presentations.

Cube Highways Trust Q1 FY25 Results, Announces Distribution Of Rs 2.00 Per Ordinary Unit For The Quarter

Cube Highways Trust (“Cube InvIT”) [BSE/NSE: CUBEINVIT], managed by Cube Highways Fund Advisors Pvt. Ltd. (the “Investment Manager”) has today announced its results for the quarter ended June 30, 2024. The total consolidated income for the period stood at ? 8,309mn, while the consolidated EBITDA for the period was Rs 5,743mn.

The Board of Directors of the Investment Manager has declared a Distribution Per Unit (“DPU”) of  Rs 2.00 to ordinary unitholders for the quarter (Q1) of FY 2024-25, amounting to a total distribution of Rs 2,668.9mn. The record date for the distribution is August 9, 2024, and the distribution payment will be made on or before August 14, 2024.

Pankaj Vasani, Group CFO of Cube InvIT, stated: “The start of FY25 has been encouraging, with our Q1 results demonstrating yet another quarter of solid business performance and consistent returns. The DPU comprises of Rs 1.04 per unit as interest, Rs 0.22 per unit as dividend, Rs 0.73 per unit as repayment of SPV loan and Rs 0.01 per unit as treasury income. We are confident in maintaining this performance in the quarters to come." 

Vinay Sekar, CEO of Cube InvIT, said, "We have been showcasing consistent growth across our road assets, and the seamless integration of the recently acquired six HAM assets into our portfolio is a validation of the synergistic capabilities of our teams.”

As of June 30, 2024, the Net Debt/ Enterprise Value stands at 38 per cent, and the portfolio valuation also increased to a total Asset under Management of Rs  287,646mn.

About Cube Highways Trust

Cube Highways Trust (“Cube InvIT") is an irrevocable Trust set up under the Indian Trusts Act, 1882 and registered with the Securities Exchange Board of India (SEBI) as an Infrastructure Investment Trust. It is backed by a diversified investor base, including: (a) I Squared Capital; (b) a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA); (c) British Columbia Investment Management Corporation; (d) Abu Dhabi’s sovereign investor Mubadala Investment Company; (e) International Financial Corporation, and (f) Japan Highways International BV. 

Cube Highways Trust is engaged in implementing the public-private partnership (“PPP”) model in the country’s highways sector to operate and manage highway projects in association with the central and state governments.

Investors can view the outcome for the quarter ended June 30, 2024 along with other relevant disclosures on the website of Cube InvIT (www.cubehighwaystrust.com), the BSE Limited (www.bseindia.com) and National Stock Exchange of India Limited (www.nseindia.com).

Media contact: corpcomm@cubehighways.com

Indian Consumers Embrace Bigger Washing Machines iI A Shift Towards Convenience And Better Wash Performance: Samsung India

·        Indian consumer behaviour has shown significant change over the past two years, highlighting a preference for bigger washing machines that can manage greater laundry loads, according to data from Samsung India’s latest consumer research

·        Sales of front load washing machines with 9Kg and above capacities have grown by 45% so far this year, while the 7Kg and below front load washing machine categories have witnessed a fall of 26% during the same period

Samsung, India’s largest consumer electronics brand, today said that consumers are gravitating towards larger washing machines, driven by convenience and superior wash performance.

A larger drum size for the washing machine provides better wash quality while allowing users to wash more clothes per load, eventually reducing the frequency of washing machine usage - making it time and energy efficient. Bigger drum sizes in washing machines allow more space for movement of clothes, thus leading to better-cleaned and untangled clothes, Samsung India said.

Larger washing machines are also particularly helpful in washing essential home items like bedsheets, curtains and saris that are common amongst Indian households. As Indian consumers continue to prioritize convenience and efficiency, the demand for bigger washing machines is expected to rise even further, according to Samsung India.

The consumer trend resonates with the latest industry data, which shows that sales of front load washing machines with 9Kg and above capacities have grown by 45% so far this year, while the 7Kg and below front load washing machine category has witnessed a fall of 26% during the same period.

According to a consumer dipstick survey done by Samsung India, some users ensure the laundry drum is always full, optimizing its use and minimizing energy consumption, while some users have a tendency to run a second wash cycle with just a few clothes, which can lead to water wastage. Further, the survey revealed that Indian households prefer washing almost everything at home, from bed sheets to tablemats and cushion covers.

The shift towards bigger washing machines also marks the growing awareness for sustainability and energy efficiency among Indian consumers, Samsung India said.

Samsung India has a wide range of washing machines in its portfolio with bigger capacities to cater to the rising consumer demand.

Tata Soulfull Launches Masala Oats+ Dal Shakti, A Mazze-Dal Delight For Your Evening Bite

~ A delicious option offering the goodness of Dal protein and ease of 4-minute cooking~

Tata Soulfull, renowned for its commitment to delivering tasty, better-for-you millet-based products, proudly announces the launch of Tata Soulfull Masala Oats+ Dal Shakti. This disruptive new variation in the Masala Oats category combines the goodness of Moong dal with its leading Mast Masala flavor. This provides an unparalleled snacking experience that combines nutrition, taste and convenience.

Tata Soulfull has revolutionized the snacking space with its non-sticky Masala Oats+ made with 25% millets. Like millets, Dal is an ancient Indian grain which is highly consumed across households across the length and breadth of the country. The goodness of Dal is deep-rooted in the Indian culture, and it is the ultimate comfort food for an Indian consumer. Different types of Dal are consumed in different states. Moong Dal, widely consumed in the form of Khichdi and dal tadka is considered extremely tasty. The new launch of Tata Soulfull Masala Oats+ Dal Shakti combines the taste and goodness of Moong Dal with the non-sticky proposition of the core range. The inclusion of Moong Dal, delivers a strong Dal protein proposition with the convenience of 4 minute cooking time, thus making it a wholesome evening snack. This new product offering comes at an introductory price of Rs 15/-, ensuring nutrition and taste at an affordable price point for consumers.

"Tata Soulfull’s launch into Masala Oats brought disruption to the category and unlocked significant growth. Prior to Soulfull’s launch, the category was growing at 13%, and since our entry, we have driven category growth to 25%," said Mr. Prashant Parameswaran, MD & CEO, Tata Consumer Soulfull. "This successful launch addressed consumer pain points by offering a 'non-sticky' proposition with the goodness of oats. We are extremely excited about our latest innovation in the category: Tata Soulfull Masala Oats+ Dal Shakti. Here, we further cater to the core taste profile and love for Indianness among our consumers by including Long Dal in a power-packed nutritional bowl. We believe this will further fuel excitement in the category and make Tata Soulfull Masala Oats+ Dal Shakti a staple in every household across the country."

Vikas Gupta, Global Head- R&D for Tata Consumer Products said- “Masala Oats+ Dal Shakti perfectly blends the nutritional benefits of oats with the goodness of Dal protein, topped by a unique seasoning specially crafted for the Indian consumer. This product has been thoughtfully designed to offer our consumers a delightful and superior snacking experience.”

Drawing from Tata Consumer Products’ deep expertise in the pulses category, honed through its renowned Tata Sampann range, Tata Soulfull Masala Oats+ now incorporates the goodness of dal protein, making it a wholesome snacking option.

Tata Soulfull Masala Oats+ Dal Shakti is available in two SKUs: a 31g pack at an introductory price of Rs 15/- and a 500g pack priced at Rs 249/-. This affordable pricing ensures that consumers can enjoy a nutritious and delicious snack without compromising on taste or quality.

Indians Lost Over 15 Billion Bours On Hold To Customer Service In 2023, Resulting In $55 Billion In Economic Loss Output

* New research from ServiceNow shows that each citizen is losing more than one day a year to slow service, and two-thirds are considering making a brand switch

Indians spent more than 15 billion hours on hold to customer service, according to new research from ServiceNow, the AI platform for business transformation. The ‘Customer Experience Intelligence Report 2024’ revealed that the average person spent more than one day each year on hold to address an issue or complaint (30.7 hours), equivalent to an economic loss of $55 billion* (USD), annually. (Refer to Notes for calculation at the end of the release)

4500+ Indians, aged 18 and above took part in the study, conducted in collaboration with Lonergan Research to understand the state of customer service over the past year.

More than 50 percent of survey respondents believe that their time waiting on hold has increased from the past year. Slow service solutions mean the average employee is spending 3.9 days to resolve each customer issue and 66 percent of respondents said they would consider switching to another company if their issue is not resolved within three working days.

“Indian businesses are at risk of losing two-thirds of their customer base in 2024 due to slow service solutions,” said Sumeet Mathur, Senior Vice President & Managing Director, ServiceNow India Technology & Business Center. “Consumers have spoken – three days is the maximum time they will wait for a solution before taking their business elsewhere. Businesses that can’t meet that standard must act, installing AI powered self-service options available at the consumers’ fingertips.” 

How may AI help you?

Nearly two-thirds (62%) of respondents have resolved more issues through self-service options in 2023, compared to the previous year. Over half of Indians say that their trust in chatbots (55%) and self-help guides (56%) has also increased. The study shows a notable surge in trust towards AI amongst Indians, with a remarkable two-thirds (66%), expressing confidence in GenAI to deliver good customer service, nearly 10% higher than trust in traditional in-person customer support, signaling an emerging shift in preferences, particularly among the younger population.

“Consumer expectations from AI are straightforward - effectiveness in issue resolution, ease of use, quick response times, and accurate query comprehension. This shift marks the era of Industry 4.0, transitioning from human-led intervention to exploring the diverse capabilities that AI has to offer.  In an era where customer retention is increasingly challenging, it is time for enterprises to put AI to work and drive growth, improve efficiency, and deliver superior customer experiences in a competitive business landscape,” added Sumeet Mathur.

ServiceNow is helping Indian enterprises and government agencies put AI to work with Now Assist.  AI helps reduce the workload on human agents, allowing them to focus on more complex and value-added interactions. Furthermore, by analyzing historical customer data, AI can anticipate individual preferences, needs, and behaviors, crafting personalized interactions that resonate with the client. This targeted approach fosters a sense of understanding and value among customers, enhancing their connection with the brand and elevating their overall experience.

India On Hold, As Customer Services Fails to Deliver

The study highlights that structural problems are pushing wait times further with 48 percent of Indians identify inefficient internal communication as a major issue for customer service delays, while 47 percent say customer service staff lack decision-making power.   44 percent Indians believe lack of ownership and responsibility between different departments, followed by 44 percent believe - poor record keeping from the previous service and 41 percent think Issues with internal systems are some of the main reasons for delay in resolving their issues which can be easily fixed with strategic interventions.

Transparency, Speed & Empathy are Key Groundbreakers

Close to 60 percent of Indians would like to see customer service teams improve their speed of resolution while half would like to see a reduction in the time spent on hold. Close to half (48 percent) would like to see better customer experience in their applications

Around 2 in 5 Indians (40 percent) would like increased opening hours or response times – Improving their use of self-help guides and resources (40 percent) – Improving their use of chat bots (39 percent).

“Indian enterprise now faces a choice: allow mediocre experiences to continue eroding customer loyalty or rethink the way they design and deliver those experiences. It is abundantly clear, that customers are willing to use AI led chatbots or self-help guides for faster resolution. Businesses should embrace AI to help create meaningful experiences and reduce the burden on the customer service agents” concludes said Sumeet Mathur.

Notes: *Estimated USD 55 billion economic loss was calculated at the average salary rate of 502.79 INR per hour (source: Glassdoor) multiplied by the average number of hours spent by employees resolving issues (28.94) multiplied by the working population who chose to complain during critical business hours (9am to 6pm).

[1] * USD 55 billion is calculated basis the average Indian’s salary as identified by a recent Glassdoor research

Research Methodology:

To capture a comprehensive view of customer service experiences across India, ServiceNow conducted an in-depth study which was executed by Lonergan Research in compliance with the ISO 20252 standard. The survey engaged a diverse group of 4,500 Indians aged 18 and above, sourced from a permission-based panel. After the interviews, the data was weighted to align with the latest population estimates sourced from the Ministry of Statistics and Programme Implementation. To ensure a diverse and representative sample, surveys were distributed throughout India, encompassing both capital city and non-capital city areas.

About ServiceNow

ServiceNow (NYSE: NOW) is putting AI to work for people. We move with the pace of innovation to help customers transform organizations across every industry while upholding a trustworthy, human centered approach to deploying our products and services at scale. Our AI platform for business transformation connects people, processes, data, and devices to increase productivity and maximize business outcomes. For more information, visit: www.servicenow.com.

Six Of India’s Top 10 Most-Ordered Dishes Are Vegetarian: Swiggy’s Order Analysis

* Swiggy celebrates vegetarian favourites with first-ever Green Dot Awards

Swiggy, India’s pioneering on-demand convenience platform, has launched its first-ever Green Dot Awards, spotlighting the restaurants selling the best in vegetarian food across the country. Six of the country’s top 10 most ordered dishes are vegetarian, this includes, Masala Dosa, Paneer Butter Masala, Margherita Pizza and Pav Bhaji.

According to Swiggy’s order analysis, Bangalore isn’t just the Silicon Valley of India—it’s the Veggie Valley too. With 1 in every 3 vegetarian orders originating from the city. The city’s top vegetarian dishes were Masala Dosa, Paneer Biryani, and Paneer Butter Masala. while in Mumbai, Dal Khichdi, Margherita Pizza, and Aamchi Mumbai’s iconic Pav Bhaji reign supreme. Hyderabad finishes in the top three, loving their Masala Dosa and Idli.

As expected, Breakfast is the golden hour for vegetarian orders, with over 90% of breakfast orders being vegetarian. Masala Dosa, Vada, Idli, and Pongal topped the morning charts. Masala Dosa enjoys nation-wide popularity and is a popular choice for breakfast, lunch, and dinner.

Margherita Pizza takes the lead as the most popular snack with Samosa and Pav Bhaji trailing close behind. Even international QSR chains are seeing a surge in vegetarian orders.

Feeling green already? You’re not alone! On average, a whopping 60,000+ veg salad orders are placed weekly on Swiggy, as more folks crunch their way to a healthier lifestyle. Top pick? Green Salad. Vegans have also made a strong mark, with Swiggy Guiltfree witnessing a significant 146% rise in vegan orders last year.

Swiggy Green Dot Awards

To recognise and celebrate the vast variety of vegetarian dishes and restaurants available on the platform, Swiggy has launched its first-ever ‘Green Dot Awards’ today.

The awards will honour popular restaurants serving vegetarian dishes across 80+ cities. With over 9000 brands nominated and 60+ categories including Pure Veg Brands, Cakes & Desserts, Veg Pizza, Veg Burger, Paneer Dishes, Veg Biryani, and Dal Makhani, the Green Dot Awards aim to celebrate this growing preference for vegetarian culinary delights nationwide.

Voting link: https://swiggy.onelink.me/8WPd/260te171

About Swiggy:

Swiggy is India’s pioneering on-demand convenience platform, catering to millions of consumers each month. Founded in 2014, its mission is to elevate the quality of life for the urban consumer by offering unparalleled convenience. With an extensive footprint in food delivery, Swiggy Food collaborates with nearly 2 lakh restaurants across 600+ cities. Swiggy Instamart, its quick commerce platform operating in 25+ cities, delivers groceries and other essentials across 20+ categories in 10 minutes. Fueled by a commitment to innovation, Swiggy continually incubates and integrates new services like Swiggy Dineout and Swiggy Genie into its multi-service app. Leveraging cutting-edge technology and Swiggy One, the country’s only membership program offering benefits across food, quick commerce, dining out, and pick-up and drop services, Swiggy aims to provide a superior experience to its consumers.

For more information, visit www.swiggy.com