Thursday, September 5, 2024

VOX India Unveils Fronto V Black: Revolutionary Façade And Ceiling Panels Redefining Architectural Aesthetics And Durability


* As demand for sustainable building materials grows, Fronto V Black emerges as a game-changing solution, combining aesthetic appeal, durability, and ease of installation

VOX India, a leading interior and exterior building material company, is redefining spaces from floor to ceiling with the launch of its innovative new product, Fronto V Black panels. These panels offer an ingenious solution for façades and ceilings, combining robust features with stunning aesthetics.

As the global demand for sustainable and low-maintenance building materials continues to rise, Fronto V Black emerges as a game-changing solution. The product addresses the growing market need for versatile, durable, and aesthetically pleasing exterior finishes that can withstand diverse environmental conditions while reducing long-term maintenance costs.

Commenting on the launch, Mr. Varun Poddar (Founder at VOX India), stated, "Fronto V Black represents our commitment to innovation in the building materials sector. We've created a product that not only elevates the visual appeal of any structure but also offers unmatched durability and ease of installation. Fronto V Black is set to redefine how architects and builders approach façade and ceiling design; our panels not only enhance the visual appeal of any structure but also ensure long-lasting durability without the need for maintenance."

Key features of Fronto V Black include:

Three-Dimensional Design: Unique profile shape and specially designed joints create an original, three-dimensional panel effect.

Weather-Resistant: Robust panels that withstand changing weather conditions without maintenance.

Authentic Wood Aesthetics: Perfect imitation of wood in both colour and structure, with dark joints for added depth and contrast.

Versatile Installation: Can be installed vertically or horizontally, including use as soffit.

Wide Colour Range: Available in various woodgrain colours to complement diverse facade designs.

Maintenance-Free: Highly resistant to mechanical damage and pests, completely waterproof, and requires no sealing or painting.

Easy Installation: Features the CLICK lock system for secure and rapid façade coverage.

Thermal Efficiency: Provides ideal covering for thermal insulation with proper ventilation.

Hurricane-Proof Lock: Enhances panel adhesion and eliminates wind-induced noise.

Self-Cleaning Structure: Minimizes dirt and dust accumulation for easy maintenance.

Fronto V Black is now available for architects, builders, and homeowners looking to elevate their projects with a cutting-edge, low-maintenance façade solution

About VOX:

VOX is a renowned European brand at the forefront of designing, manufacturing, and distributing furniture, home furnishings, and building materials. Since 1989, the Voelkel family, the driving force behind the brand, has established VOX as a symbol of independence, originality, and creativity in business. With a legacy of over three decades, VOX has now established a presence in India through its association with the former promoters of Ashirvad pipes. Founded in 1975, Ashirvad pipes, renowned as the largest CPVC and column pipe manufacturer globally, concluded its operations in 2018 after being acquired by the Aliaxis group.

Toyota Kirloskar Motor Introduces T CARE: A New Initiative To Elevate Customers’ Ownership Experience


In its constant endeavour to exceed customer expectations by delivering exceptional experiences, Toyota Kirloskar Motor (TKM) today announced the introduction of “T CARE”, an innovative initiative aimed at delivering a holistic ownership experience to their esteemed customers. T CARE integrates a range of supports with value-added proposition under a single brand, ensuring that every engagement with the customer reflects Toyota’s core values of reliability, quality, and exceptional care.

Driven by a customer-centric approach, “T CARE” provides a comprehensive range of services that demonstrates the company’s dedication to enriching customer delight and fostering long-term relationships. Covering everything from presales to aftersales and repurchases, T CARE integrates these offerings under one unified brand that includes, to name a few, 

T DELIVER brings unique last mile logistics of new car delivery via flatbed trucks, ensuring the vehicles reach their final Toyota touch point in brand new condition.

T GLOSS offers end-to-end car detailing services, keeping the customers’ cars in top condition always

T NWEB provides a user-friendly online platform for purchasing Toyota vehicles, providing customer convenience

T ASSIST offers 24/7 roadside assistance for 5 years, ensuring timely support to the customers

T SECURE provides peace of mind with an extended warranty for an additional 2 years

T SMILE offers customizable, hassle free and cost-effective pre-paid maintenance package

T SAATH ensures timely delivery of service parts and reaching closer to customer, thereby providing convenience

T CHOICE provides multiple service parts choice to the valued customer 

T INSPECT provides vehicle inspection services under various used car related activities such as during the sale of used cars, used car financing, break in insurance renewal, etc.

7 SPARSH facilitates as a one-stop solution, focusing on rural areas, that offers expert guidance on vehicle selection, facilitate test drives, and provide comprehensive information about Toyota's diverse range of models

7 SERV provides convenience of multibrand car service network, offering quality affordable services with a focus on customer satisfaction and enhanced vehicle reliability

T CARE focuses on streamlining the customer experiences, ensuring effortless access to top-tier assistance and best support throughout their ownership journey with Toyota.

Commenting on this new initiative, Mr. Sabari Manohar, Vice President of Sales, Service, and Used Car Business at Toyota Kirloskar Motor, stated, “At Toyota, our customers are at the heart of everything we do. Our focus always remains on elevating the customer experience at every touchpoint—before, during, and after the sale. We strive not only to deliver exceptional products and services, but also to foster a deep, lasting connection with our customers throughout their entire ownership experience with Toyota. The newly introduced T CARE initiative incorporates a wide array of offerings such as T DELIVER, T GLOSS, T ASSIST, T SAATH, T SECURE, T CHOICE and more, under a single brand allowing us to deliver seamless and personalized support that addresses the diverse needs of our valued customers across the rural and urban areas.

We believe that T CARE will further strengthen our customer connect and fortify their immense trust placed in us over the years, thereby support Toyota’s purpose of becoming a mobility company. Our aim is to ensure a truly satisfying experience for our discerning customers and continue to be the most trusted partner that caters to their ever-evolving mobility needs.”Notably, TKM currently has 685 customer touch points plus 360 T Sparsh outlets, which cumulatively stands at a total of 1045 touch points across India, ensuring easy accessibility to Toyota’s varied products and services, and thereby making it convenient for their esteemed customers.

A Fully Active India By 2047 Can Boost GDP By Over INR 15 Trillion Annually: Dalberg Report On Sports And Physical Activity (SAPA)


* This report outlines current levels of engagement in sports and physical activity in India, pointing to a wide gap especially among urban women and girls. It is based on a survey of 5,000 adults and adolescents across India, as well as group discussions, expert interviews, and resources from organizations active in the ‘sports for development’ sector.

At least 155 million Indian adults and 45 million adolescents today fail to meet the WHO guidelines on physical activity, reveals Dalberg’s State of Sports and Physical Activity (SAPA) report. Developed in partnership with Sports and Society Accelerator with support from Omidyar Network India and the Ajit Isaac Foundation, the report makes an urgent call for greater focus and participation in sports and physical activity, demonstrating its benefits and identifying pathways to overcome challenges along the way.

India is in an alarmingly inactive state

The SAPA report demonstrates that India has a long way to go in becoming an active nation, those who do engage in physical activity are not diverse in their movements—data shows that outside of work and chores, most adults engage only in walking, which is beneficial but not enough on its own. Only 10% of adults in the country even play sports; the number who play regularly is likely to be even lower. While more adolescents (66%) engage in sports regularly, there is limited diversity in their choice of sport—half of the boys play cricket, with representation in other sports being much lower.

The gender-divide in how Indians engage in SAPA is stark – on average, girls and women spend 5-7 fewer hours in SAPA (about 20% less) per week than boys and men. This gap worsens as we move into urban areas where girls are at the highest risk. At least a third of them do not meet the WHO guidelines for physical activity.

Urban women are especially affected by inactivity

Urban women spend 385 fewer active minutes per week than rural women and 249 fewer minutes per week than urban men. A number of factors are responsible for the divide: lack of infrastructure, safety, and access results in 20% fewer women engaging in SAPA in public spaces, and misconceptions like SAPA being dangerous during menstruation and pregnancy further reinforce this gap.

SAPA can contribute tremendously to India’s ambitions towards a Viksit Bharat

If India continues to stay inactive, we’re at risk of increased burden on all fronts. By 2047, an inactive India would face 200 million more adult cases of non-communicable diseases (NCDs), 45 million more obese adolescents, and additional annual healthcare costs of more than INR 55 trillion, compared to today. Moreover, India is currently suffering with low worker productivity – about half the global average, low educational attainment due to health-related absenteeism, as well as low female labor force participation. 

Higher engagement in SAPA has the potential to flip this picture. As per the report, SAPA can significantly benefit individuals, accruing benefits across the population to deliver greater societal and national outcomes. Nations across the world have benefitted from increased investment in SAPA – with China registering 40% fewer in-patient hospitalizations and 30% lower healthcare expenses, and UK creating £72 billion in socio-economic value, among several other examples.

The SAPA report quantifies these outcomes for India, outlining achievable targets that can help the nation in the following ways:

Economic progress: SAPA can increase India’s GDP by over INR 15 trillion annually if the whole population is active by 2047, including the prevention of INR 2.5 trillion (USD 30 billion) in productivity-related losses due to fewer sick days and presenteeism related to illness.

Health and mortality outcomes: By 2047, SAPA can prevent around 110 million adult cases of NCDs, lead to 30,000 fewer suicides, and save approximately INR 30 trillion in healthcare costs by reducing obesity, cardiovascular diseases, and mental health issues.

Bridge the gender divide: By 2047, SAPA can motivate 11 million girls to pick up a sport for the first time, which is linked to improved agency and confidence –potentially creating 600,000 additional women entrepreneurs and leaders. 

Excel as a sporting nation: Through SAPA, we can mobilize INR 4.5 trillion of annual expenditure in the sports industry by 2047.  Increased sporting potential can also strengthen India’s ability to host the Olympics, secure more sporting victories, and expand our global sports footprint.

Getting there: Fostering public-private collaboration and interventions to encourage SAPA

The outlined targets call for strategic interventions across policy, infrastructure and community programs to significantly boost physical activity levels nationwide. The report emphasizes the role of both public and private sector players, providing actionable takeaways for governments, school leaders, city planners, entrepreneurs, and civil society organizations.

Building innovative SAPA-centric infrastructure from weather-proof transit solutions such as covered elevated bike highways to open-air dance floors, stages and music systems in public parks can encourage activity.  

Since schools play a formative role in instilling physical habits, school leaders must design model schools that prioritize activity and provide adequate resources to offer students a diverse range of SAPA, and train and empower PE teachers. Investing in the training and empowerment of physical education teachers and trainers will be the critical baseline of this effort.

Urban planners can map out future public space construction to ensure that everyone has access to a (green) space within 15-minutes from home. 

Enabling community engagement can go a long way, such as organizing city-wide SAPA events, encouraging sports in all sectors of society, and creating opportunities to engage in a wide variety of sports at all levels (from casual to elite) and for all abilities. 

Entrepreneurs have the opportunity to build business models that incentivize, track, and train users to engage in more in SAPA. For instance, they can help develop a national app to track SAPA data that offers personalized challenges and rewards to create a sense of collective progress.

In everything we do, we need a programmatic focus on gender – create gender-inclusive infrastructure and programs, create media campaigns that dispel myths and encourage women to take up SAPA, and develop enthusiasm and skills among girls in school to instill SAPA engagement at the grassroots.

Gaurav Gupta, Global Managing Partner at Dalberg Advisors, says, “If there is one thing we can control, it is how we take care of ourselves. Our physical health and wellbeing impacts our quality of life and our contributions to society. As a nation, we’re far behind from realizing the full potential of our people simply because we aren’t focusing enough on how frequently we move and engage in physical activity – which is why we need to create external motivators, interventions, and greater access to encourage people towards SAPA engagement. At the grassroots, we need better schools, more playgrounds, and a new outlook that prioritizes physical activity as essential, not as optional or extra-curricular.”

Nandan Kamath, Co-Founder, Sports and Society Accelerator, adds, "This report highlights the profound impact that sports and physical activity (SAPA) can have on our nation's well-being, from driving economic growth and livelihoods, to enhancing physical and mental health, and driving several socio-economic indicators. We stand at a crucial juncture to optimize our demographic advantage and be a sports-forward nation. We must seize the opportunity and build a future where SAPA is embedded into the life of every Indian."

About the report:

The State of Sports and Physical Activity report establishes the first-ever granular baseline for India through a survey of 5000 adults and adolescents. It maps physical activity patterns across various demographics including all income segments in both rural and urban settings.

The report also explores the motivations and barriers to SAPA through a survey and 16 focus group discussions with diverse segments such as parents and physical education teachers, and expert interviews. It also incorporates perspectives from leading organizations in the sports for development sector, including Magic Bus, Dani Sports Foundation (DSF), Dasra, Naandi Foundation, Stepathlon, Zomato, and Vasant Valley School, among others. 

ABOUT DALBERG ADVISORS

Dalberg Advisors is a strategic advisory firm that combines the best of private sector strategy skills and rigorous analytical capabilities with deep knowledge and networks across emerging and frontier markets. We work collaboratively across the public, private and philanthropic sectors to fuel inclusive growth and help clients achieve their goals. Our global perspectives are firmly rooted in local realities. We have 28 offices across the world and have served clients in more than 135 countries. By combining local knowledge and international experience, our strategies blend the best global ideas and innovations with the local practicalities and partnerships needed for effective implementation.

Dalberg Advisors is part of the Dalberg Group which comprises six businesses — Dalberg Advisors, Dalberg Data Insights, Dalberg Design, Dalberg Implement, Dalberg Media, and Dalberg Research — and a not-for-profit, Dalberg Catalyst.

ABOUT SSA

The Sports and Society Accelerator (SSA) is a section 8 not for profit organization, founded in February 2022. It is public-spirited and independent, working on policy and capacity building to help universalize sport and physical activity (SAPA) in India. SSA's work and frameworks support and enable governments, private participants, and society to use SAPA to achieve better physical and mental health, economic growth, and social impact outcomes such as inclusion, equality, and sustainability. The team brings a diverse set of skills and extensive experience in Indian policy, governance, and sport for social impact, with its Mission 100, which envisions a fully active India by 2047 with every child playing, and every adult active.

The New BMW 3 Series Gran Limousine M Sport Pro Edition Now Available In Diesel


* BMW TwinPower Turbo 4-cylinder engine for an agile driving performance.

* Impressive exterior design with M High Gloss Shadowline elements for Kidney Grille and rear diffusor.

* Most advanced tech in the segment with BMW Driving Assistant, BMW Parking Assistant Plus & Fully Adaptive Headlights with Cornering Lights.

* #BMW3 #BMWIndia #MSportPro

The new BMW 3 Series Gran Limousine M Sport Pro Edition has been launched in a diesel variant today. Locally produced at BMW Group Plant Chennai, the new BMW 320Ld M Sport Pro is available at all BMW India dealerships and BMW Online shop from today onwards.

The new BMW 320Ld M Sport Pro is available at an ex-showroom price of INR 65,00,000.

Price prevailing at the time of invoicing will be applicable. Ex-showroom prices inclusive of GST (incl. compensation cess) as applicable but exclude Road Tax, Tax Collected at Source (TCS), RTO statutory taxes/fees, other local tax cess levies and insurance. Price / options are subject to change without prior notice. For further information, contact an authorised BMW dealer.

The new BMW 320Ld M Sport Pro is available in four exciting metallic paintworks – Mineral White, Skyscraper grey, Carbon Black and Portimao Blue. Exclusive M headliner Anthracite upholstery is offered as standard.

Thanks to BMW India Financial Services, customized and flexible financial solutions are designed as per individual requirements. Customers enjoy great value and complete peace of mind with BMW 360? Finance Plan. It includes attractive monthly instalments, assured buy-back option up to five years, flexible term-end opportunities, and options to upgrade to a new BMW among other benefits.

The new BMW 320 Ld M Sport Pro Edition.

The enhanced exterior body design features are more expressive and powerful than ever. The Blacked Out Kidney Grille adds to the aggressive front look of the new BMW 3 Series Gran Limousine M Sport Pro Edition. The standard Adaptive LED headlights ensure consistent illumination of the road ahead, even when cornering. They are accentuated by the M Lights Shadowline which offers a dark tint around the headlamps. The outer daytime driving light elements also serve as turn indicators. The model’s stretched silhouette underscores its inherent elegance and hints at the enviable spaciousness of the interior. The Rear Diffuser in High Gloss Black enhances the bold appearance when seen from behind.

The interior offers a modern space with a focus on driving enjoyment. High quality materials, precise build quality and numerous meticulously crafted details set the tone for the refined premium character of the four-door sedan. The progressive design of the cockpit is accompanied by a larger surface for the interior trim strip integrated into the instrument panel. Added to this, the car comes with illuminated door sill plates. The modern design of the centre console with galvanic embellisher adds to the cabin’s premiumness. The standard M Headliner Anthracite upholstery adds to the exclusiveness inside the car. The driver and front passenger settle into electrically adjustable Comfort Seats lapped in genuine leather Vernasca. Filling up the cabin with a sense of spaciousness is the large Panorama sunroof. Ambient Lighting with six dimmable designs creates an atmosphere for every mood. In another model-specific feature, the ambient lighting also includes an illuminated contour strip on the back of the front seats. The three-zone automatic climate control with active carbon filters optimizes air quality. The optimised acoustic properties reduce noise levels and make the journey peaceful.

Thanks to unrivalled BMW TwinPower Turbo technology, the diesel engine melds maximum power with exemplary efficiency and offers spontaneous responsiveness even at low engine speeds. The two-litre four-cylinder diesel engine of the new BMW 320Ld M Sport Pro Edition produces an output of 190 hp and maximum torque of 400 Nm at 1,750-2,500 rpm. The car accelerates from 0 -100 km / hr in just 7.6 seconds.

The eight speed steptronic sport automatic transmission performs smooth, almost imperceptible gearshifts. At any time, in any gear, the transmission collaborates perfectly with the engine, enabling it to develop its full power and efficiency. For even greater driving pleasure, it comes with steering wheel paddle shifters and cruise control with braking function. Using the Driving Experience Control switch, the driver can choose between different driving modes to suit the driving conditions - ECO PRO, Comfort, Sport.

The new BMW 3 Series Gran Limousine M Sport Pro Edition features the BMW Curved Display which brings extra modernity. The latest BMW Operating System 8.5 offers all the possibilities for interaction between occupants and the vehicle – using touch or voice. It is complemented by the BMW Intelligent Personal Assistant system that adopts driver’s individual habits and proactively provides useful tips on driving functions. Regular Remote Software Upgrades ensure that the car is always up to date. Innovations of the BMW ConnectedDrive turn the car into an interconnected device creating a digitally connected environment for the customers. BMW ID acts like a central login securely synchronising data and is automatically linked to the smart My BMW App, a new universal interface for all requirements in the BMW ecosystem. Customers can plan their next trip, check the status of their BMW, set personalised car settings, book the next service appointment or use one of the numerous remote-control functions – all conveniently from a smartphone. The car is always up to date with the latest functions and digital products being brought over-the-air through BMW Remote Software Upgrades.

The smartphone holder integrated into the centre console allows inductive, Wireless Charging for mobiles. Smartphone connection via Wireless Apple CarPlay® / Android Auto opens up access to a range of functions and apps. The car has a Harman Kardon Surround Sound system with 16 loudspeakers. The central air vents positioned below the control display are now slimmer and more modern in design.

Park Assistant Plus with Surround View Camera makes parking in tight spots easier by taking over acceleration, braking as well as steering. The New Parking Assistant Plus also enables customers to have a remote 3D view of the car via the My BMW App. BMW Driving Assistant provides Blind Spot Detection and helps warn the driver for lane changes, front collisions, and rear collisions.

BMW EfficientDynamics includes features such as 8-speed Steptronic Sport Automatic Transmission, Auto Start-Stop, Brake-Energy Regeneration, Electronic Power Steering, 50:50 Weight Distribution and ECO PRO mode in Driving Experience Control.

BMW Safety technologies include six airbags, Attentiveness Assistance, Dynamic Stability Control (DSC) including Cornering Brake Control (CBC), electric parking brake with auto hold, side-impact protection, electronic vehicle immobilizer and crash sensor, ISOFIX child seat mounting and integrated emergency spare wheel under the load floor.

Priyank Kharge, Minister Of IT & BT, Takes The Namma Metro To Attend Nasscom Summit


Priyank Kharge, the Hon'ble Minister of IT & BT, Rural Development & Panchayat Raj, chose to travel by Bengaluru's Namma Metro on the Purple Line today. The Minister journeyed from Vidhana Soudha Metro Station to Whitefield Metro Station to attend the Nasscom Design and Engineering Summit 2024. During the 40-minute ride, he interacted with fellow passengers, gaining valuable insights into their daily public transportation experiences in the city.

Photo Caption: Priyank Kharge, Hon'ble Minister of IT & Bt shares a candid moment with a fellow passenger while taking a metro ride from Vidhana Soudha to Whitefield to attend Nasscom Design and Engineering Summit 2024 .

Wednesday, September 4, 2024

CapitaLAnd Investment To More Than Double Investments In India By 2028 And Continues Funds Growth Strategy


* Deepens India presence given the country’s growth trajectory and CLI’s priority on geographical diversification 

* Leverages fund management and operational expertise to expand across multiple asset classes  

CapitaLand Investment Limited (CLI), a global real asset manager, has unveiled a target to more than double its funds under management (FUM) in its core market India by 2028, up from S$7.4 billion (INR 458.8 billion) as at 30 June 2024.  This will contribute to CLI’s global target of achieving S$200 billion in FUM by 2028.  CLI announced its growth strategies to achieve the FUM target for India as it celebrates its 30th anniversary with business partners, investors and staff in Mumbai today.  

Mr Lee Chee Koon, Group Chief Executive Officer, CLI said: “India is a strategic market for us and a key contributor to CLI’s overall business.  India has been one of our fastest growing markets, where our investments have tripled in the last seven years.  With India’s GDP forecasted to grow 7% in 2024 and its trajectory to be the world’s third-largest economy in the next five years, the country is attracting demand from global corporations and institutional investors for quality real assets.  Given our deep expertise in the country and the strong tailwinds, we are confident of more than doubling our current FUM of S$7.4 billion in India by 2028.  This is also aligned with our priority on geographical diversification to achieve better capital rebalancing.”  

“Our 30 years of experience and track record in managing a well-diversified portfolio positions us uniquely to capitalise on the growth opportunities in India.  Given India’s strategic importance to CLI, we will also actively explore opportunities to enter adjacent business segments, including renewable energy and real estate private credit to further grow and diversify our income streams. As a long-term investor in India, we not only invest in the assets but also contribute significantly to the economic development of the country.  We actively reach out to global corporations and through our activities and assets, attract many international players to invest and create good quality jobs in India,” added Mr Lee.

Mr Sanjeev Dasgupta, Chief Executive Officer, CLI India said: “India presents tremendous potential for CLI.  We will drive growth through our listed CapitaLand India Trust (CLINT) and our private funds.  We have successfully established four private funds across logistics and business parks, and we see opportunities for data centre funds in India riding on the country’s fast-growing digital economy.  We will leverage our operational expertise to grow the value of our assets, further expand our logistics footprint under our established logistics platform, Ascendas-Firstspace (AFS) and scale up our lodging portfolio through CLI’s lodging arm, The Ascott Limited.  CLI remains focused on delivering sustainable returns to our capital partners as we continue to contribute to India's vibrant economic landscape and the local community.”

Business and IT parks 

CLI entered India 30 years ago with the development of its first IT park called the International Tech Park Bangalore (ITPB) via Ascendas.  Its footprint has since expanded to 14 business and IT parks, offering 23.5 million square feet of space strategically located across Bangalore, Chennai, Hyderabad, Pune, Mumbai, and Gurgaon, with more than 250,000 professionals working from these parks. 

CLI will adopt multi-pronged strategies to expand its business parks portfolio.  With a current land bank of over 16 million square feet, CLI will accelerate development activities to address the increasing demand for premium office spaces across key metropolitan cities.  CLINT, the largest India-focused property trust listed in Singapore, will continue to develop and execute forward purchase acquisitions, securing prime assets to ensure a robust pipeline for sustained growth.  CLI will continue to raise third-party capital through new private funds aimed at greenfield developments and value-added strategies, offering strategic investors opportunities to participate in India's dynamic real estate market.  CLI will also seek joint development and joint venture opportunities with capital partners, along with commercial management partnerships, to expand in India.  To maximise value creation, CLI is also focusing on redevelopment and intensification strategies within its existing business parks.  

Logistics and industrial portfolio 

CLI entered the logistics and industrial segment in India in 2016, and since then, the portfolio has grown to 9.1 million square feet.  CLI will continue to expand its logistics and industrial portfolio by seeding new private funds for logistics and through CLINT.  AFS, one of India’s leading logistics and industrial players, will be a key driver for CLI to grow in these sectors.  With a primary focus on Tier 1 markets, CLI aims to cater to the rising demand for high-quality logistics and industrial infrastructure.  AFS will enhance its footprint through joint development agreements and joint venture partnerships, leveraging collaborative efforts to scale its operations efficiently.  CLI will also seek acquisition opportunities to accelerate growth.  CLI currently has 12 logistics and industrial assets in India under AFS, and 3 industrial assets and 1 logistics park under CLINT.

Data centres 

Given the explosive demand for data and need for high quality assets, CLI entered the data centre market in India in 2021.  CLI’s data centre strategy is anchored on a multi-city approach to cater to the needs of enterprise and hyperscale clients.  Through CLINT, CLI is developing four state-of-the-art, sustainable data centres across key cities in Mumbai, Chennai, Hyderabad, and Bangalore, with a total gross power capacity of 244 megawatts.  CLI, with a portfolio of 27 data centres globally, has vertically-integrated data centre capabilities, from investment, design and development to leasing and operations.  Its experienced data centre team provides comprehensive technical expertise and customer solutions across the value chain.  CLI’s first data centres in India, located in Navi Mumbai and Hyderabad, are slated to begin operations in 2025. 

Lodging portfolio

CLI’s lodging business under The Ascott Limited (Ascott) will continue to build on its recurring fee income by expanding through management contracts and franchise contracts. Within India, Ascott will strengthen its presence in Metro cities, Tier 2 markets and leisure destinations.  It will seek opportunities to bring new offerings to the country under its suite of award-winning brands.  Ascott currently operates seven properties across six cities?.  In 2024, Ascott opened two properties in Goa and Gurugram, with eight more expected to open in the next three to four years.

Potential to diversify into renewables and real estate private credit 

CLI will explore opportunities to enter adjacent business segments such as renewable energy and real estate private credit.  Renewable energy is a fast-growing segment in India with the government targeting to achieve 500 gigawatts (GW) by 2030 from the current 111 GW.  CLI has a captive demand for renewable energy from its tenants across its data centres and business parks.  

CLINT commissioned its first captive solar power plant in Tamil Nadu in January 2024, reducing its need to purchase brown power and increasing its green energy usage to 70%.  As a result of this, CLINT is able to provide green energy to tenants at competitive rates, while reducing carbon emissions.  

Real estate private credit is gaining institutional investor interest.  The debt market in Indian real estate has a potential US$170 billion financing opportunity between 2024 and 2026, driven by the increasing demand for residential construction finance.  This presents a promising opportunity for CLI to further diversify its portfolio in India.

CLI’s presence in India

Since CLI pioneered business parks in India 30 years ago, it has built a well-diversified portfolio comprising over 40 IT and business parks, industrial, logistics, lodging and data centre assets across eight cities in India – Bangalore, Chennai, Goa, Gurgaon, Hyderabad, Kolkata, Mumbai, and Pune.  

About CapitaLand Investment Limited (www.capitalandinvest.com) 

Headquartered and listed in Singapore, CapitaLand Investment Limited (CLI) is a leading global real asset manager with a strong Asia foothold.  As at 30 June 2024, CLI had S$134 billion of assets under management, as well as S$100 billion of funds under management held via six listed real estate investment trusts and business trusts and a suite of private real asset vehicles that invest in thematic and tactical strategies.  Its diversified real estate asset classes include retail, office, lodging, industrial, logistics, business parks, wellness, self-storage and data centres.

CLI aims to scale its fund management, lodging management and commercial management businesses globally and maintain effective capital management.  As the investment management arm of CapitaLand Group, CLI has access to the development capabilities of and pipeline investment opportunities from CapitaLand’s development arm. 

As a responsible company, CLI places sustainability at the core of what it does and has committed to achieve Net Zero carbon emissions for Scope 1 and 2 by 2050.  CLI contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.

PDRL Launches BhuMeet: India’s First SaaS platform For Connecting Drone Service Providers With Farmers


PDRL, a leading innovator in drone technology, proudly announces the launch of BhuMeet, an advanced SaaS platform designed to revolutionise the way essential drone services such as agricultural spraying and surveying are accessed and managed. By bridging the gap between drone service providers and farmers, BhuMeet is set to transform the landscape of drone spraying operations in India, offering a seamless and efficient solution for locating reliable drone services and optimizing operational workflows.

In India, where agriculture is the backbone of the economy and the livelihood for millions, the integration of drone technology holds great potential. As of 2021, agricultural land in India spanned over 1.78 million square kilometres, according to the World Bank. The National Statistical Office's Situation Assessment of Agricultural Households (SAAH) report estimates that between 90 million and 150 million farmers, ranging from smallholders to large-scale landowners, are actively engaged in agriculture. Given that India is the world's second-largest producer of food grains, fruits, and vegetables, as well as the second-largest exporter of sugar, the application of drones in agriculture extends far beyond pesticide spraying. Drones can play a critical role in crop monitoring and health assessment, precision agriculture, field mapping and surveying, crop scouting and surveillance, planting and seeding, irrigation management, livestock monitoring, and post-harvest assessment.

Furthermore, the G20 Agriculture Deputies Meeting of the Agriculture Working Group (AWG) has highlighted four key areas: food security and nutrition, climate-smart sustainable agriculture, an inclusive agriculture value chain, and the digitization of agricultural transformation. These discussions have further given tremendous impetus to the application of drones in the Agriculture Sector.

Speaking on the launch, Mr Anil Chandaliya, Founder and CEO, PDRL said, "As India continues to embrace advanced technologies to revolutionize its agriculture sector, we at PDRL are proud to introduce BhuMeet, a platform that will fundamentally change how farmers access essential drone services. By bridging the gap between farmers and reliable service providers, BhuMeet not only enhances operational efficiency but also empowers the agricultural community to harness the full potential of drone technology. We believe this innovation will set new standards in the industry and play a vital role in modernizing agriculture across the nation."

PDRL Sets New Standards in Agricultural Drone Technology

PDRL is at the forefront of innovation in agricultural drone technology, continuously raising the bar with its groundbreaking solutions. In March 2023, PDRL launched AeroGCS GREEN, a software product proudly made in India that has swiftly become the go-to choice for Indian drone manufacturers. Today, around 70% of type-certified agriculture drones in the country rely on AeroGCS GREEN for their drone operations.

Later in 2023, PDRL introduced AeroGCS Enterprise, a sophisticated platform designed to streamline large-scale drone operations. AeroGCS Enterprise enables managing extensive spraying activities, complete with detailed flight logs and insightful performance metrics. This platform enables drone service providers to calculate acreage and other vital metrics with ease, offering accurate billing information and performance reports to large enterprise partners. The large-scale drone spraying operations powered by AeroGCS Enterprise deliver tangible benefits to drone service providers.

Continuing its journey of revolutionizing drone spraying, PDRL is set to launch a new product – BhuMeet, designed to connect drone service providers with farmers. The platform will further streamline drone spraying operations, enabling the completion of tasks that once took weeks in just hours.

Kisan Drone Scheme

The Kisan Drone Scheme, introduced in 2022 by Hon’ble Prime Minister Narendra Modi ji signifies a significant stride towards modernising agriculture throughout India. The scheme’s primary goal is to empower farmers by utilising drones to streamline tasks like spraying, reduce labour and time investments and boost farmers’ income. The government extends support to farmers, facilitating the optimal utilisation of this initiative.

Connecting Farmers with Trusted Drone Service Providers

In an era where drones are increasingly vital for various tasks, BhuMeet emerges as a comprehensive solution to streamline the connection between farmers and drone service providers. BhuMeet enables users to find and hire top drone service providers based on their service records and proximity, ensuring efficient and localized service delivery. For drone service providers, the platform offers a unique opportunity to expand their reach, connect with potential customers, and drive business growth through enhanced service management.

A Seamless Experience for All Users

BhuMeet is designed to address the key challenges faced by drone service providers, pilots, and farmers, offering a streamlined and user-friendly experience for all parties involved.

Value Addition for Drone Service Providers:

Streamlined Service Management: BhuMeet simplifies the handling of service requests and task assignments, enabling providers to manage multiple requests efficiently and optimize resource allocation.

Real-Time Updates: Providers can enhance transparency and customer satisfaction by delivering real-time status updates to their clients.

Efficient Fleet and Inventory Management: With robust tools for managing drone fleets, pilot assignments, and inventory, BhuMeet ensures effective utilization of resources.

Business Growth Opportunities: BhuMeet centralizes service opportunities, providing a unified platform for providers to attract new customers and expand their business. The platform also facilitates direct payments from customers, simplifying the invoicing and payment process.

Features for Drone Service Providers:

Service Request Management: Simplifies the organization of service requests, ensuring nothing is overlooked.

Task Assignment: Facilitates clear and efficient task delegation to drone pilots, improving operational efficiency.

Real-Time Status Updates: Keeps customers informed about the progress of their services, enhancing transparency and trust.

Drone Fleet Management: Optimizes the utilization and assignment of drone fleets for maximum efficiency.

Location Management: Simplifies the organization of resources and service locations, enabling providers to operate across multiple areas seamlessly.

Service Analytics and Reports: Generates insights and reports to help providers enhance service delivery and business performance.

Invoice and Payments on the Go: Enables customers to view and pay invoices directly from their mobile devices, using convenient payment methods like UPI or cash.

Service History: Maintains a record of past service requests for easy access to important information in the future.

Value Addition for Drone Pilots:

Clear Task Assignments: BhuMeet offers an organized workflow, allowing pilots to efficiently receive and manage their assignments.

Enhanced Communication: Pilots can easily provide status updates to customers, fostering better communication and trust.

Value Addition for Farmers:

Easy Access to Reliable Services: BhuMeet simplifies the process of finding and hiring trusted drone service providers based on location and customer ratings.

Real-Time Service Updates: Farmers receive timely updates on their service requests, ensuring transparency and peace of mind.

Convenient Management Tools: The platform offers an intuitive tool for managing service requests, exploring top providers, and paying for services directly from their mobile devices.

Comprehensive Features to Meet Diverse Needs

BhuMeet is more than just a platform; it’s a robust, all-in-one solution designed to meet the diverse needs of the drone service industry. By integrating both mobile and web applications, BhuMeet offers a seamless experience for providers and customers alike. As the drone industry continues to expand, BhuMeet is poised to play a pivotal role in transforming how drone services are accessed and managed. It empowers customers to easily connect with trusted providers while enabling providers to efficiently manage and grow their businesses.

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