Kotak - GOQii Smart Vital Plus Smartwatch Launched Across India

* Powered by RuPay On-The-Go, the smartwatch enables contactless payments upto INR 5000 without PIN

Kotak Mahindra Bank Ltd (“KMBL” / “Kotak”) has teamed up with GOQii to launch the Kotak - GOQii Smart Vital Plus smartwatch, revolutionizing the way customers make payments. Priced at INR 3499, this innovative wearable device combines contactless payments with health monitoring features. Powered by RuPay On-The-Go, the smartwatch enables seamless transactions up to INR 5000 without requiring a PIN.

Launching the product, Rohit Bhasin, Head – Retail Liabilities Product & Chief Marketing Officer, Kotak Mahindra Bank said, “With the rise of digital payments, customers seek fast and cashless payments for frequent, low-value transactions.  The Kotak – GOQii Smart Vital Plus smartwatch eliminates the need for cash, cards, or smartphones, enabling secure and seamless banking on the go.”

The Kotak – GOQii Smart Vital Plus allows users to track blood pressure, body temperature, and SpO2 levels directly from their wrist. Additionally, its user-friendly interface ensures easy access to payments. Customers can seamlessly sign in with their Kotak accounts and enable contactless payments on the device, which provides the same level of safety and security as traditional contactless cards and mobile devices.

Vishal Gondal, Founder & CEO, GOQii, said, “Health is wealth is a timeless adage. At GOQii, we have always believed in the importance of preventive healthcare and maintaining a healthy lifestyle. Partnering with Kotak Mahindra Bank to offer customers contactless payments integrated with GOQii’s advanced health ecosystem is a step towards making this a reality. This integration is crucial, as it enhances convenience, promotes health and safety, ensures secure transactions, and aligns with the growing trend of technological integration in daily life. This functionality supports the vision of a seamless, healthy, and efficient lifestyle, which is particularly crucial in today's fast-paced world”.

Rajeeth Pillai, Chief Relationship Management, NPCI said, "We are happy with the launch of Smart Vital Plus smartwatch for contactless payments on NPCI’s innovative RuPay On-The-Go range. This collaboration empowers users to carry out their day-to-day transactions conveniently and securely while on-the-go. Innovative form factors for payment solutions are redefining the payments ecosystem, offering an enhanced user experience, and making transactions swift and seamless. With the acceptance infrastructure growing rapidly, the demand for contactless payment solutions is poised to rise with tech-savvy consumers.”

Kotak Bank customers can purchase the smartwatch through the bank’s mobile app or website. Non-Kotak customers will need to open a Kotak account to avail this facility.

About Kotak Mahindra Bank Limited

Established in 1985, Kotak Mahindra Group is one of India's leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into a bank - Kotak Mahindra Bank Ltd (KMBL). Kotak Mahindra Group (Group) offers a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, mutual funds, life and general insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. The premise of Kotak Mahindra Group’s business model is concentrated India, diversified financial services. The bold vision that underscores the Group’s growth is an inclusive one, with a host of products and services designed to address the needs of the unbanked and insufficiently banked. Kotak Mahindra Group has a global presence through its subsidiaries in UK, USA, Gulf Region, Singapore and Mauritius with offices in London, New York, Dubai, Abu Dhabi, Singapore and Mauritius respectively. As on 30 June 2024, Kotak Mahindra Bank Ltd has a national footprint of 1,965 branches and 3,279 ATMs (incl. cash recyclers), and branches in GIFT City and DIFC (Dubai).For more information, please visit the company’s website at https://www.kotak.com/.

About GOQii 

Founded in 2014 by serial entrepreneur and gaming guru, Vishal Gondal, GOQii is empowering consumers globally to lead healthier and better lives. GOQii’s smart-tech- enabled healthcare platform brings together the entire preventive healthcare ecosystem. Its Smart Health Ecosystem integrates tools for real-time personalized coaching, an explosive high-growth health e-commerce store, scheduling health check-ups, a health locker, and a unique ‘GOQii Cash’ program where healthy behavior is rewarded with cash discounts and insurance discounts based on health management data. Given the state of ‘Sickcare’ delivery infrastructure globally, the company strongly believes that preventive healthcare is the only viable, long-term, mass-market solution. As one of the official partners of the ‘Fit India Movement’ GOQii is a strong supporter of Prime Minister Mr. Narendra Modi’s vision of making 130 crore Indians fit and healthy. GOQii counts marquee investors like Animoca Brands, Mitsui, Megadelta, DSG Consumer Partners, Galaxy Digital, Denlow Investment Trust, Edelweiss, Cheetah Mobile, GWC, Mr. Ratan Tata, and Mr. Vijay Shekhar Sharma.  Modality, one of the leading GP chains in the UK, is also an investor in GOQii as well as the JV partner for its UK roll-out.

About NPCI:

National Payments Corporation of India (NPCI) was incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India. NPCI has created a robust payment and settlement infrastructure in the country. It has changed the way payments are made in India through a bouquet of retail payment products such as RuPay card, Immediate Payment Service (IMPS), Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), Aadhaar Enabled Payment System (AePS), National Electronic Toll Collection (NETC) and Bharat BillPay.

NPCI is focused on bringing innovations in the retail payment systems through the use of technology and is relentlessly working to transform India into a digital economy. It is facilitating secure payment solutions with nationwide accessibility at minimal cost in furtherance of India’s aspiration to be a fully digital society.

For more information, visit: https://www.npci.org.in/

realme Unveils realme 13 Pro Series 5G, Ultra Clear Camera With AI Alongside realme

*        Watch S2 & realme Buds T310 starting from INR 23,999, INR 4,499, & INR 2,199, respectively

*        The realme 13 Pro Series 5G, positioned as Ultra Clear Camera with AI comes with industry’s first AI photography architecture, HYPERIMAGE+ camera system and features a unique ‘Monet’ inspired design made in collaboration with the Museum of Fine Arts, Boston (MFA)

*        The realme 13 Pro+ 5G is available in two exquisite colors: Monet Gold and Emerald Green, and three storage variants: 8GB+256GB priced at INR 29,999, 12GB+256GB priced at INR 31,999 and 12GB+512GB priced at INR 33,999.

*        The realme 13 Pro 5G is available in three striking colors: Monet Gold, Monet Purple and Emerald Green, priced at INR 23,999 for 8GB+128GB, 8GB+256GB priced at INR 25,999 and 12GB+512GB priced at INR 28,999.

*        The realme Watch S2 comes equipped with Super AI Engine, AI Personal Assistance and a Smart Dial Engine for a personalized user experience. It features a 1.43" AMOLED Display housed in an Advanced Stainless Steel Texture Body available in a choice of three beautiful colors - Metallic Grey, Midnight Black & Ocean Silver, this feature-packed smartwatch is starting at INR 4,499.

*        The realme Buds T310 features a 46dB Hybrid Noise Cancellation and offers adjustable three-level noise reduction. It houses a 12.4mm Dynamic Bass Driver and 360° Spatial Audio Effect for an immersive auditory experience and available in three stylish colors: Monet Purple, Vibrant Black, and Agile White, these earbuds are priced at INR 2,199.

*        The early bird sale for realme 13 Pro Series 5G is scheduled for 30th July from 06:00 PM to 10:00 PM on realme.com and Flipkart and the pre-booking starts from July 31, 12 AM onwards on realme.com & Flipkart and July 30 after the launch on Mainline channels.

*        The first sale for realme Watch S2 and realme Buds T300 starts from August 5, 12 PM onwards on realme.com and Flipkart with cash benefits up to INR 500 & INR 300 respectively and the first sale for realme 13 Pro Series 5G is scheduled from August 6, 12 noon onwards on realme.com, Flipkart and Mainline channels

*        On purchase of all these products before August 12th, users will receive an exclusive benefit 30-day free replacement guarantee through the realme Care program.

realme, the most popular smartphone brand among Indian youth, today announced four ground-breaking products in their smartphone & AIOT portfolio - the highly anticipated realme 13 Pro Series 5G, realme Watch S2 and realme Buds T310. The realme 13 Pro Series 5G, includes two models: the realme 13 Pro+ 5G and realme 13 Pro 5G. It features an Ultra Clear Camera with AI, combining cutting-edge camera technology with stunning designs inspired by one of the legendary masters of Impressionism, Claude Monet.

realme unveiled its ambitious plans to become a major player in the mid-to-high-end smartphone market. This ambition is evident in three key areas: Large Memory Popularization, Quality Upgrade, and our AI+UI Popularizer Plan. As a tech brand that deeply understands young users, realme promises that every future Number Pro Series will come standard with a 512GB memory option, meeting the expectations of this demanding demographic. To enhance the durability of its products, realme also confirmed that every future Number Pro Series phone will come equipped with a minimum of IP65 Water and Dust Resistance.

Commenting on the launch, a realme spokesperson said, “We are thrilled to unveil the realme 13 Pro Series 5G, realme Buds T310, and realme Watch S2 today. Understanding the needs of our young users, in June, we announced our Next AI Lab and AI+UI Popularizer Plan, aiming to bring next-generation AI experiences to at least 100 million users within the next three years. The launch of the realme 13 Pro Series 5G is the first step in realizing this vision. With its Ultra Clear Camera powered by realme's advanced AI capabilities, users can expect superior photography experiences. The realme Buds T310 and realme Watch S2 further exemplify our dedication to providing cutting-edge technology and quality. With these new additions to our AIOT portfolio, we continue to redefine the boundaries in the AIOT segment. We look forward to continuing our journey in bringing innovative and high-quality products to our users, pushing the envelope of what's possible with technology.”

“We are thrilled to continue our long-standing partnership with realme to unlock premium smartphone experiences for users in India,” said Saurabh Arora, Mobile, Compute and XR Business Head, Qualcomm India Pvt. Ltd.  “Equipped with convenient AI for smooth multitasking and seamless connectivity, the Snapdragon® 7s Gen 2 Mobile Platform is committed to perform beyond expectations enabling a variety of use cases on the realme 13 Pro Series 5G for all your productivity and entertainment needs such as gaming, stunning photo and video capture and more.”

The realme 13 Pro+ 5G is a testament to realme's dedication in providing exceptional value and exceeding conventional flagship standards. Powered by the dual 50MP Sony AI cameras with the industry’s first AI photography architecture, HYPERIMAGE+ camera system, it ensures an ultra-clear shooting experience. It also features a unique design made in collaboration with the Museum of Fine Arts, Boston (MFA), drawing inspiration from the legendary Impressionist master, Claude Monet, reimagining the Impressionist style for a new generation. With the introduction of AI capabilities, the realme 13 Pro+ 5G offers a smarter user experience, transforming how users interact with their device. The realme 13 Pro+ 5G is available in two exquisite colors: Monet Gold and Emerald Green, and three storage variants: 8GB+256GB priced at INR 29,999, 12GB+256GB priced at INR 31,999 and 12GB+512GB priced at INR 33,999 on realme.com, Flipkart and Mainline Channels.

The realme 13 Pro 5G is a testament to realme's commitment in delivering exceptional value and surpassing traditional flagship standards. Powered by the Snapdragon® 7s Gen 2 5G Chipset with a 3D VC Cooling System, it ensures a smooth gaming experience while providing an unprecedented cool experience. The device boasts a class-leading 50MP Sony main camera with the industry's first Al photography architecture, the HYPERIMAGE+ camera system, ensuring ultra-clear shooting experiences across various scenarios. It also features a unique collaboration with the Museum of Fine Arts, Boston (MFA), drawing inspiration from the legendary Impressionist master, Claude Monet, reimagining the Impressionist style for a new generation. The realme 13 Pro 5G is available in three striking colors: Monet Gold, Monet Purple and Emerald Green, and three storage variants: 8GB+128GB priced at INR 23,999, 8GB+256GB priced at INR 25,999 and 12GB+512GB priced at INR 28,999  on realme.com, Flipkart & Mainline Channels.

The realme Watch S2 is the latest addition to realme’s AIOT portfolio, boasting a range of key selling points that set it apart. Equipped with a Super AI Engine, the watch offers AI Personal Assistance and a Smart Dial Engine for a personalized user experience. The device features a 1.43" AMOLED Display housed in an Advanced Stainless Steel Texture Body, with an exquisite glass cover and high-end crafted body.  The realme Watch S2 stands out with its comprehensive sports and health monitoring capabilities. The smartwatch is also IP68 Dust & Water Resistant, ensuring durability and reliability. With a customizable 20-day battery life, users can enjoy extended usage without frequent charging. Available in a choice of three beautiful colors - Metallic Grey, Midnight Black & Ocean Silver, this feature-packed smartwatch is priced at INR 4,499  on realme.com, Flipkart and Mainline channels.

The realme Buds T310 is a testament to realme's commitment to providing exceptional audio experiences. Equipped with 46dB Hybrid Noise Cancellation, the earbuds offer adjustable three-level noise reduction for a personalized listening experience. The device features a 12.4mm Dynamic Bass Driver that delivers rich and powerful sound, complemented by 360° Spatial Audio Effect for an immersive auditory experience. The realme Buds T310 provides up to 40 hours of total playback, ensuring long-lasting music enjoyment. The AI Deep Call Noise Reduction feature ensures clear calls even in noisy environments, while the Smart Dual-device Connection allows seamless switching between devices. The dynamic sound effects enhance the overall audio quality, while the 45ms ultra-low latency ensures perfect sync between audio and video. Each earbud weighs as light as 4.2g and features a 110° earphone cover. Adopting an ergonomic design, it fits different ear shapes, providing a comfortable and non-sensory wearing experience. Available in three stylish colors: Monet Purple, Vibrant Black, and Agile White, these earbuds are priced at INR 2199 on realme.com, Flipkart and Mainline channels.

About realme

realme is a technology brand that specializes in providing leap-forward products with a comprehensive superior experience for global users. The brand was officially established on May 4th, 2018 by a young and strong team with rich smartphone industry experience. Currently, realme has 70+ million users in India, committed to creating a smart, connected, and trendy lifestyle for the youth, realme democratizes leap-forward technology to provide the best technology products in each price segment.

As per IDC Q2 2022 report, realme climbed to the second slot for a second time, with a robust YoY growth of 24% (highest among the top five brands) in 2022. It cemented its second position in the online channel with a 23% share.  realme has achieved a staggering QoQ growth of 51% in the second quarter of 2023, as reported by Counterpoint, a renowned market research firm. Additionally, realme secured the No. 3 position among the top 10 smartphone brands as per IDC's rankings for Q2 2023.

realme has introduced a new product mix strategy named the "Spire Strategy" approach, wherein each product series features a breakthrough technology that serves as the pinnacle of our robust product line. It includes prioritizing superior design, performance, and overall user experience for all products.

realme has also implemented a new marketing strategy that consists of cultivating marketing, eCommerce, and a simply better strategy. With the cultivating marketing strategy, realme is building local teams to leverage their experience and make engagement more personalized for users. In terms of eCommerce, realme is working closely with existing online partners and exploring more opportunities with leading eCommerce platforms to expand its reach across regions. Additionally, the simply better strategy focuses on exploring the future of tech with the GT series, a leap-forward performance flagship series while the number series brings leap-forward imaging and key leap-forward innovation, making it more accessible to consumers.

For more information, visit: www.realme.com/in/

South India's Investment Landscape Shifts: Gold Reigns, FDs Decline, Stocks Gain Momentum, Finds Way2News Survey

* The Way2News Survey, with ~65,000 respondents across five states, reveals a significant increase in stock market investments; Karnataka leads the way with a remarkable 16% increase

Way2News, a leading hyperlocal news platform, has released the findings of its recent survey titled "How South India Invests". The survey, which gathered data from over 65,000 respondents across 5 states—Andhra Pradesh, Telangana, Tamil Nadu, Karnataka, and Kerala—provides crucial insights into the region's investment habits. 

The survey indicates that gold remains the top investment choice, particularly in Tamil Nadu, where 34% of respondents prefer it over other investment tools. However, there is a notable rise in stock market investments, especially in Karnataka, where 16% of respondents are actively investing in stocks. This highlights a growing trend among South Indian investors who are beginning to see the stock market as a viable and lucrative investment avenue. This shift can be attributed to several factors, including increased financial literacy, the accessibility of online trading platforms, a growing awareness of potential returns, and higher disposable incomes, particularly in southern states where the average per capita income is 5.5 times the national average.

Recently, the Governor of the Reserve Bank of India also highlighted that Indian households are increasingly favouring capital markets over traditional banks for their savings. This observation aligns with the findings of Way2News' survey, which illustrates this rising trend in South India. There has been a significant surge in Demat accounts, with the number reaching 15 crore within a decade, as reported by Motilal Oswal, compared to just 2 crore accounts in 2015 (NSDL). With 3.1 million new accounts being opened monthly, this growth underscores the shift in investment preferences in India towards more dynamic financial instruments such as stocks and mutual funds. Although bank deposits still constitute a significant portion of household financial assets, their share is declining.

Key Takeaways from the survey:

While gold remains a popular investment choice, especially in Tamil Nadu where 34% of respondents prefer it, there is a growing interest in stock market investments across South India. Karnataka leads with 16% of respondents investing in the stock market, followed by Andhra Pradesh & Telangana (14.47%), Kerala (14%), and Tamil Nadu (12%), reflecting a growing recognition of stocks as a wealth creation tool

There is a noticeable decline in traditional fixed deposits, recurring investments, and insurance across states, indicating a shift towards investment options with potentially higher returns. In Andhra Pradesh & Telangana, fixed deposits and recurring investments are at 12.67%, while insurance preferences stand at 8.95%. Kerala shows similar trends with fixed deposits and recurring investments at 14%, and insurance at 7%. Tamil Nadu reports fixed deposits and recurring investments at 13%, and insurance at 7%. Karnataka, with fixed deposits and recurring investments at 10%, and insurance at 9% 

Investment preferences in real estate vary significantly by state, reflecting regional differences -  Andhra Pradesh & Telangana (17.04%), Karnataka (14%), Tamil Nadu (12%), and Kerala (8%)

Mutual funds are favoured highest in Kerala (17%), Karnataka (13%), Andhra Pradesh & Telangana (9.41%), and Tamil Nadu (7%)

Bonds remain a niche investment option with lower interest levels across all states due to fixed returns

Provident funds (PF) and pension schemes are attracting growing interest, particularly in Kerala (11%), highlighting a focus on long-term financial planning and security.

“We are witnessing a clear shift towards diversification and dynamic investment strategies among South Indians. This trend reflects growing financial literacy and a desire for higher returns,” said Raju Vanapala, Founder and CEO of Way2News.

The findings of the Way2News survey underscore a pivotal transformation in the investment landscape of South India. While gold continues to be valued for its cultural significance, the increasing interest in stock market investments and other dynamic financial instruments highlights a maturing investor base. South Indians are not only preserving their wealth through traditional means but are also actively seeking growth opportunities, signalling a robust and forward-thinking investment culture.

About Way2News

Way2News is a leading hyperlocal news platform in India that provides relevant and reliable news coverage extending beyond districts to mandals and villages. The platform aims to inform and empower every Indian with the latest news in real-time, using artificial intelligence to personalize content based on language and preference. By promoting citizen journalism, Way2News aims to foster a more diverse and democratic media landscape by allowing citizens to share news stories from their local area. It combines the power of both human intelligence and artificial intelligence to provide the most relevant news to its users. The app has more than 50 million downloads and close to 13 million monthly visitors. The platform delivers real-time news in eight local languages, including Hindi, Telugu, Tamil, Kannada, Malayalam, Marathi, Bengali, and Gujarati, using advanced technology.

Magicbricks' Rental Update (April-June 2024), Reveales 14.6% YoY And 2.6% QoQ Surge In Rents Across 13 Major Indian Cities

Magicbricks, India's leading real estate platform, released its flagship Rental Update (April-June 2024), revealing a 14.6% YoY and 2.6% QoQ surge in rents across 13 major Indian cities, to an average INR 33.3 psf per month.

Navi Mumbai (6.2% QoQ), Hyderabad (4.2% QoQ), and Ahmedabad (4% QoQ) exhibited the most significant increase in average rents. In Navi Mumbai, the average rent increased from INR 28.99 psf per month in Q1 2024 (Jan-Mar 2024) to INR 30.78 psf per month in Q2 2024 (Apr-Jun 2024). Similarly, average rents in Hyderabad increased from INR 22.01 psf to INR 22.93 psf per month, while in Ahmedabad, rents rose from INR 17.25 psf to INR 17.94 psf per month.

The report observed a significant 14.8% QoQ increase in rental demand during this period, following a 16% QoQ increase in the previous quarter. However, the supply has decreased by 2.2% QoQ across the mapped cities due to high absorption rates, leading to a rise in rents.

The highest rents are in cities of Mumbai (INR 82.28 psf per month), Delhi (INR 33.72 psf per month) and Thane (INR 29.84 psf per month). The Report further observed that average rents in Greater Noida is INR 14.52 psf per month, INR 20.10 psf per month in Noida and INR 28 psf per month in Bengaluru.

Explaining the dynamics, Abhishek Bhadra, Head of Research, Magicbricks, elaborated, "With economic activity peaking, we anticipate continued growth in both rental demand and rents in the short to medium term. Additionally, the supply of rental units is expected to improve as the stock of under-construction properties nears completion. Overall, the current landscape presents a promising opportunity for landlords and investors, encouraging greater participation in the rental market.”

With high rental demand and rents, residential real estate continues to be a lucrative investment market. While across the top 13 cities, the average rental yield is 3.6%, investments in Ahmedabad, Pune and Kolkata demonstrated the highest rental yields (3.8%), observed the report.

Nutanix Ranked #1 HCI Software Vendor For Market Share In The Worldwide Quarterly Converged Systems Tracker® In India

Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, has been ranked #1 for market share hyperconverged infrastructure (HCI) software vendor in the Indian market in Q4 2023 for the 8th consecutive quarter, according to IDC’s Worldwide Quarterly Converged Systems Tracker® (“IDC”).

Nutanix dominated the HCI Software market in India with a 53 percent share in Q4 2023 in the report, surpassing the combined market share of all other vendors in the country, according to IDC.

Reflecting on this significant achievement, Prasanna Ranade, Senior Director of Enterprise Sales, Nutanix said, "We thank all the organizations in India that use Nutanix Cloud Platform to help them modernize their datacenters. Their trust in us is the reason we continue to be ranked #1 for market share HCI software vendor in the country, and they look to us to help them with their cloud journeys.”

Nutanix collaborates with leading entities spanning banking, healthcare, the public sector, channel partners, and information technology/information technology enabled services industries in India. Notably, Nutanix supports eight of India’s top 10 banks, underscoring our commitment to delivering cutting-edge solutions that drive digital transformation and operational excellence across diverse sectors.

For more information, read: IDC Quarterly Enterprise Infrastructure Tracker - Converged Final Historical 2023 | India Q4

About Nutanix

Nutanix is a global leader in cloud software, offering organizations a single platform for running apps and data across clouds. With Nutanix, companies can reduce complexity and simplify operations, freeing them to focus on their business outcomes. Building on its legacy as the pioneer of hyperconverged infrastructure, Nutanix is trusted by companies worldwide to power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media @nutanix.

Toyota Kirloskar Motor Continues To Steer Growth With Best Ever Sales Of 31,656 Units In July 2024

For the second consecutive month, Toyota Kirloskar Motor has outperformed its sales achievement by registering best-ever monthly wholesale of 31,656 units in July 2024. While domestic sales accounted for 29,533 units, exports totalled to 2,123 units during the month. This marks a remarkable growth of 44% compared to July 2023, when 21,911 units were sold.

In the previous month of June 2024, TKM sold 27,474 units.

In the first seven months of CY 2024, TKM sold 1,81,906 units, marking a remarkable 46% increase compared to the same period in CY 2023, which recorded sales of 1,24,282 units. 

Commenting on the strong performance, Mr. Sabari Manohar – Vice President, Sales-Service-Used Car Business, Toyota Kirloskar Motor said, “We are thrilled to announce another key milestone with our highest-ever sales performance for July 2024. Demand for all our models remains at an all-time high, especially in the SUV and MPV segments. Our formidable presence in these categories, with models like the Innova Crysta, Innova Hycross, Urban Cruiser Hyryder, Rumion, Taisor, Fortuner, Legender, Hilux, and the LC 300, offers robust choices to customers. In addition, our diverse lineup, including the Glanza, Camry Hybrid, and Vellfire, is strategically designed to cater to the evolving and varied needs of our customers, reflecting our commitment to delivering vehicles that align with their preferences and lifestyles.

Our operational enhancement strategy, including the addition of a third shift, is supporting strong demand. For certain models, especially in the case of Urban Cruiser Hyryder, a streamlined supply situation has also led to a reduction in waiting periods. Moreover, there is an increasing understanding and appreciation for newer and greener technologies among customers. Our commitment to sustainability, safety, and advanced technology remains at the forefront of our efforts to meet and exceed customer expectations.

We are also constantly innovating to offer new experiences to our valued customers. We have expanded our car detailing business, "T GLOSS," to the Toyota Used Car Outlet (TUCO). Customers can now enjoy quality car care solutions delivered in a highly professional manner, ensuring a delightful ownership experience even for used cars.

We are deeply grateful for the trust and loyalty of our customers and remain committed to delivering high-quality vehicles that meet their diverse needs. This success underscores our dedication to providing exceptional products and services, and we look forward to continuing this positive momentum in the coming months.”

In a significant corporate milestone, TKM yesterday signed a MOU with the Government of Maharashtra to explore the potential of setting up of a Green Field Manufacturing Facility that will further strengthen the company's focus on advanced green technologies. In addition, work on the third plant in Bidadi near Bangalore which was announced in 2023, at an investment of Rs. 3,300 crores has already begun with worked expected to complete in 2026. 

Samsung Announces ‘India Cheers For Neeraj’ Campaign For Paris Olympics

* Fans can support Neeraj Chopra by sending wishes via the Samsung India website

Samsung today announced that it is requesting fans to come forward and send their good wishes for Neeraj Chopra through the ‘India Cheers for Neeraj’ campaign. With the campaign, Samsung India’s aim is to support and empower Neeraj to strive for excellence and push beyond boundaries.

To channelize consumer enthusiasm and amplify the collective cheer of the nation, Samsung India has unveiled a film to bolster support for Neeraj Chopra. Embodying the spirit of resilience and determination of the ace athlete as he fights through multiple challenges, this film highlights how Samsung’s recently-launched Galaxy Z Fold6 smartphone aids his journey.

Galaxy Z Fold6 pushes the bar with its powerful Galaxy AI technology, offering unparalleled experiences to consumers. Powered by Galaxy AI, the Galaxy Z Fold6 comes with AI features such as Interpreter and Note Assist, allowing users to communicate more effectively, enhancing their productivity and changing the way they work and live.

“Samsung believes in empowering individuals to push beyond their limits and achieve greatness. We are putting our might behind Neeraj Chopra, who embodies excellence and limitless possibilities, values that are deeply respected at Samsung. With the 'India Cheers for Neeraj' campaign, we aim to harness the collective energy of the nation and ‘Unfold the Best’ in cheering for Neeraj,” said Aditya Babbar, Vice President, MX Business, Samsung India.

Apart from receiving the all-new Galaxy Z Fold6, Neeraj Chopra would also receive the Special Edition Galaxy Z Flip6 and a personalized Flipsuit case.

"I am grateful to Samsung India for their unwavering support and the motivation provided through the 'India Cheers Neeraj' campaign. The encouragement and well wishes from fans are invaluable and fuel my determination to succeed. With each challenge that I overcome; I’m drawn closer to my targets and unfolding this journey with me is the all-new Galaxy Z Fold6. This remarkable device with its cutting-edge Galaxy AI features empowers me to perform at my best. The mantra of 'GalaxyFoldIsGold' embodies my drive to push beyond boundaries," said Neeraj Chopra.

Neeraj Chopra is now also a part of Samsung's exclusive ‘Team Samsung Galaxy’. Users and fans can send their wishes to Neeraj Chopra - the man with the golden arm - by visiting Samsung India’s website on: Cheer for Neeraj Chopra Send a wish | Samsung India. Believing that every wish can make a difference, Samsung India is facilitating users to send their wishes on WhatsApp by messaging “NEERAJ” to 9870-494949. Additionally, they can drop a comment on Samsung’s social media channels by tagging the brand @SamsungIndia. Samsung encourages its consumers to join the conversation with the hashtags: #IndiaCheersNeeraj, #GalaxyFoldIsGold, #GalaxyZFold6, #GalaxyAI, and #Samsung.

About Samsung Electronics Co., Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the world of TVs, smartphones, wearable devices, tablets, digital appliances, network systems and memory, system LSI, foundry and LED solutions. For latest news on Samsung India, please visit Samsung India Newsroom at http://news.samsung.com/in. For Hindi, log on to Samsung Newsroom Bharat at https://news.samsung.com/bharat. You can also follow us on Twitter @SamsungNewsIN