Monday, December 9, 2024

Third Wave Coffee With Its First Cafe At Devraj Urs Road Brews Now In Mysuru


* Marks presence across 8 cities with 117 stores nationwide; aims further expansion in 2025

Third Wave Coffee, the coffee-first QSR brand, announced its launch into the enchanting city of Mysuru with its first Cafe at Devraj Urs Road. The launch event witnessed the presence of His Highness Yaduveer Krishnadatta Chamaraja Wadiyar and Rajat Luthra, CEO, of Third Wave Coffee. This Cafe marks the foray of the brand’s specialty coffee experience into Mysuru, taking the brand into 8 cities across the country with a total of 117 stores. The brand continues to focus on expanding its footprint with an aim to open 150 stores by March 2025.

Over the past eight years, Third Wave Coffee has upheld its unwavering commitment to blending comfort and creativity across its stores. Their stores are designed to encourage meaningful connections and personal reflection, extending the specialty coffee experience to its customers. 

“Coffee is not just an occasional beverage anymore, it is powering people’s day now,” said Rajat Luthra, CEO, Third Wave Coffee, speaking at the launch. “And we are on a mission to deliver our exceptional coffee experience to more & more customers, wherever they are. Mysuru is one of the most charming cities in Southern India and we are honored to introduce our specialty brews to the people of the city. Our Cafes are spaces created with an aim to inspire and foster deep connections with our customers, and we are excited to bring the Third Wave Coffee experience to the community of Mysore.”

Beyond coffee, Third Wave Coffee stores aim to engage customers through events, workshops, and collaborations, staying true to the brand’s legacy of nurturing innovation and creativity. The brand’s stores make for a perfect spot to catch up with friends & loved ones, engage in an important meeting or simply spend quality time with yourself, perhaps over a good book. With warm and welcoming interiors, the decor of the stores reflects influences from local culture, making them ideal spaces for inspiring conversations and building connections. The menu also includes something for everyone - from single-origin coffees to cold brews to handcrafted sandwiches, wraps, shareable bites and more. For those who can’t get enough of their coffee fix, the brand offers exciting merchandise too!

The Mysuru Cafe launch marks the brand’s presence in 8 cities across the country, in addition to Delhi NCR, Mumbai, Bengaluru, Pune, Hyderabad, Chandigarh, etc. With 117 Cafes across the country, the brand aims to have 150 stores by March 2025, with plans to explore new cities such as Chennai, Mangaluru, amongst others.

About Third Wave Coffee: Third Wave Coffee is a coffee and food QSR brand founded by Sushant Goel, Anirudh Sharma and Ayush Bathwal in 2017. With a commitment to quality and innovation, the homegrown coffee QSR chain has rapidly expanded to over 117 stores nationwide, earning a reputation as the fastest-growing coffee brand in the country. Third Wave Coffee is dedicated to providing a high-quality coffee-first experience to its customers across the country with a specific focus on high-quality beans, convenient locations and a technology-enabled consumer experience. For more information, visit Third Wave Coffee at https://www.thirdwavecoffeeroasters.com.

Kinetic Green Collaborates With JioThings Limited To Launch A Suite Of Digital And Connected Display Platforms And Analytics


* Smart TFT-based software platform and analytics set to revolutionize the EV user experience

Kinetic Green Energy and Power Solutions Limited, India’s leading electric two- and three-wheeler manufacturer, is thrilled to announce a technical collaboration with JioThings, a subsidiary of Jio Platforms Limited and part of the Reliance Group. This partnership marks a significant milestone in advancing sustainable mobility solutions by enhancing connectivity and user experiences for Kinetic Green’s current and upcoming electric vehicle models.

As part of this collaboration, Kinetic Green is unveiling an innovative Smart TFT-based digital, connected display platform, aimed at revolutionizing the riding experience for its consumers on its popular E2W platforms. This advanced display integrates essential features, including real-time navigation, notifications for incoming calls, and information on nearby charging stations. By incorporating these elements, the platform enables riders to enjoy a more connected and convenient journey, making every ride efficient and enjoyable. Whether navigating city streets or planning longer trips, this cutting-edge technology empowers users with vital information at their fingertips.

Additionally, the collaboration introduces key features, such as a built-in Bluetooth and telematics-enabled device that ensures seamless connectivity. This allows users to monitor and manage essential vehicle functions effortlessly through their smartphones. Riders can access information on navigation, speed, battery charge status, and distance to empty, creating a highly user-friendly experience. The integrated solution leverages Jio's advanced hardware, further supported by its robust 4G connectivity.

This innovative integration represents a significant advancement in Smart Vehicle Technology, prioritizing usability, safety, and connectivity.

Ms. Sulajja Firodia Motwani, Co-Founder and CEO of Kinetic Green, said:

“Kinetic Green's collaboration with JioThings demonstrates our commitment to advanced EV technology, innovation, and environmental sustainability. By leveraging this partnership, we aim to deliver advanced software platforms and digital solutions that enhance electric vehicle user experiences. Our goal is to provide riders with seamless connectivity, intelligent features, safety, and exceptional convenience. We will continue to build future solutions, including AI-based driver information and ride assistance features, ensuring cutting-edge technology in our robust EV products and platforms.”

Mr. Ashish Lodha, President of Jio Platforms Limited, added:

“We are pleased to announce our partnership with Kinetic Green to deliver innovative and sustainable electric mobility solutions. This long-term collaboration represents a significant step forward in promoting electric mobility in India. Together, we are committed to fostering a more sustainable future.”

As Kinetic Green and JioThings embark on this promising collaboration, both companies are focused on leading advancements in electric vehicle technology, paving the way for a future that is more connected, efficient, and sustainable.

About Kinetic Green

Kinetic Green is one of the leading players in India’s electric vehicle sector, offering a wide range of electric 3-wheelers and electric 2-wheelers – manufactured in a state-of-the-art production facility near Pune, Maharashtra to advance green mobility solutions aimed at India and global markets. For electric golf carts and buggies, the company has formed a Joint Venture with the world’s leading luxury brand, Tonino Lamborghini of Italy.

Helmed by Ms. Sulajja Firodia Motwani, a third-generation scion of the Firodia family, Kinetic Green is dedicated to building a robust pan-India EV ecosystem and developing sustainable solutions to reduce carbon emissions, with a vision to democratize electric mobility, and to bring EVs to the mainstream- accessible to not just the classes, but to the masses

Backed by over half a century of engineering excellence of the Kinetic Group, Kinetic Green has made its EVs accessible, thus democratising electric mobility with quality products that feature top-tier technology and safety.

Kinetic Green has had several firsts to its name, including being the first company to develop ARAI approved electric three-wheelers and the first to offer Lithium-ion battery technology in their electric three-wheelers in India. Kinetic Green recently launched e-Luna, an electric avatar of Kinetic group’s popular brand “Luna”, which has been well received both for personal mobility as well as for the growing e-commerce delivery markets. To fuel its aggressive growth plans, the company recently secured $25 million in its Series A funding round from UK based PE fund, Greater Pacific Capital and plans to raise another $30 million shortly.

AICTE Chairman Inaugurates MIT Bengaluru’s Autonomous Mobility Hub, Featuring Cutting-Edge Electric Buggy


In a landmark event that marks a major leap in the future of transportation, the Center of Excellence in Autonomous Mobility was inaugurated today at MIT Bengaluru by AICTE Chairman Dr. T. G. Sitharam. This ambitious initiative, a collaboration between MIT Bengaluru, Decibel Lab Pvt. Ltd., and Virya AI (Maini Group), is set to drive cutting-edge advancements in autonomous mobility technologies.

The highlight of the event was the unveiling of a state-of-the-art autonomous six-seater electric buggy, jointly designed and developed by Virya AI in collaboration with the Center. This unveiling underscore the potential of autonomous mobility to transform transportation, offering safer, smarter, and sustainable solutions.

The Center, equipped with advanced tools such as LIDAR sensors, radar, high-resolution cameras, and cutting-edge simulation software, aims to foster innovation in autonomous vehicle systems. With a focus on safe and reliable autonomous mobility solutions, it will enable students, researchers, and industry professionals to collaborate on groundbreaking projects, ensuring India’s position at the forefront of this transformative industry.

The Center has been established in partnership with Decibel Lab Pvt. Ltd., whose expertise in building an autonomous mobility lab for four-wheeler vehicles will be instrumental, and Virya AI (Maini Group), which played a key role in developing the autonomous buggy unveiled today. Both collaborations reflect the Center’s emphasis on bridging the gap between academia and industry to create impactful solutions for real-world challenges.

Expressing his vision for the initiative, Prof. Madhu Veeraraghavan, Pro Vice-Chancellor, MAHE, stated, “The Center of Excellence in Autonomous Mobility is a testament to MAHE’s unwavering commitment to innovation and cutting-edge research. This initiative will enable us to create transformative solutions in transportation while contributing to the development of sustainable and safe mobility systems. I am proud of our faculty and partners who have worked tirelessly to make this vision a reality.”

Dr. Iven Jose, Director of MIT Bengaluru, added, “Today marks a significant milestone for MIT Bengaluru. The inauguration of the Center represents a fusion of advanced technology, academic leadership, and industry expertise. With this Center, we aim to create a platform for innovation that not only addresses the challenges of autonomous mobility but also serves as a beacon for collaboration between academia and industry. The autonomous buggy unveiled today is just the beginning of what this Center can achieve. The centre also caters to exclusive laboratory for Sensor design, Algorithm development and  autonomous cyber security stack, it also plans to take up its development in autonomous assistive technology ”

The Center is led by Dr. Ujjwal Verma, Head of the Department of Electronics and Communication Engineering (ECE), and Dr. Mahipal Bukya, Assistant Director of IQAC, who have spearheaded its establishment. The facility will serve as a research and training hub for students and professionals alike, focusing on algorithm development, vehicle perception, and navigation in complex traffic environments. It will also facilitate collaborations with industry partners to upskill their workforce in autonomous vehicle technologies.

The Center’s efforts will be geared towards developing solutions that address pressing global challenges, such as urban congestion, traffic safety, and sustainability, while also nurturing the next generation of innovators and researchers in autonomous mobility.

The establishment of the Center of Excellence in Autonomous Mobility highlights MIT Bengaluru’s commitment to shaping the future of transportation. By fostering innovation, collaboration, and knowledge sharing, the Center is poised to play a pivotal role in advancing autonomous mobility solutions and contributing to the global push for safer and more sustainable transportation systems.

With the support of leading industry partners like Decibel Lab Pvt. Ltd. and Virya AI, along with the leadership of MAHE and MIT Bengaluru, this initiative is expected to make significant contributions to India’s technological landscape and beyond.

About Manipal Academy of Higher Education Bengaluru (MAHE B’LRU):

Established in 1953, Manipal Academy of Higher Education (MAHE) is an Institution of Eminence and a Deemed to be University. With a remarkable track record in academics, state-of-the-art infrastructure, and significant contributions to research, MAHE has earned recognition and acclaim both nationally and internationally. In October 2020, the Ministry of Education, Government of India, honoured MAHE with the prestigious designation of Institution of Eminence Deemed to be University. Currently ranked sixth in the National Institutional Ranking Framework (NIRF), MAHE is the preferred choice for students seeking a transformative learning experience.

MAHE Bengaluru, an off-campus of MAHE, excels in delivering comprehensive education to students, supported by highly qualified faculty, and dedicated mentors. The MAHE Bengaluru campus has an inspiring, future relevant learning ecosystem, on a new age tech enabled living campus. Here, the students immerse themselves, transform and discover multiple choices and opportunities. At MAHE Bengaluru, the potential for growth and the opportunities available are boundless.

About Manipal Institute of Technology Bengaluru (MIT B’LRU)

The Garden City of India, Bengaluru, is now home to a new engineering institution – “MIT Bengaluru” – the latest constituent unit of Manipal Academy of Higher Education (MAHE). MAHE is proud to open its doors in the bustling cosmopolitan IT hub of Bengaluru by establishing its new engineering campus: MIT Bengaluru. It is offering eight B Tech programs starting from 2021, with approval from the All India Council of Technical Education (AICTE), MHRD, Government of India. The eight approved programs are Computer Science and Engineering, Information Technology, Electronics and Communication, Computer Science and Engineering – Artificial Intelligence, and Computer Science and Engineering – Cyber Security, Computer Science and Engineering - Data Science, Electronics and Computer Engineering, Electronics Engineering (VLSI Design and Technology), MAHE is recognized as a deemed-to-be university since 1993 and has been accorded the status of Institute of Eminence (IoE) by MHRD, Government of India. Admission to MIT Bengaluru is based on a computer-based online entrance test, MET, conducted by the MAHE.

Toyota Kirloskar Motor Initiates 'Toyota Youth Connect' Program To Strengthen Skilling Ecosystem In Karnataka


Toyota Kirloskar Motor (TKM), reaffirming its commitment to shaping India’s future workforce, successfully conducted the “Toyota Youth Connect” program, a three-week initiative spanning all 30 districts of Karnataka. Designed to bridge the gap between academia and industry, the program introduced students to the dynamic world of the automobile industry, emphasizing the critical role of skill development and apprenticeship opportunities in building a career-ready workforce. Reaching over 7,700 youth and collaborating with more than 70 Industrial Training Institutes (ITIs), the initiative educated participants on the significance of industry-specific skills, the breadth of opportunities available, and the importance of adapting to professional workplace cultures. Through such impactful programs, Toyota continues to strengthen Karnataka's skilling ecosystem and support national initiatives like “Skill India” and “Make in India”.

These large-scale initiatives are pivotal in bridging the gap between industry and academia, creating a platform where practical knowledge meets academic learning. With programs like “Toyota Youth Connect,” the company reaffirms its commitment to social development and people empowerment, positioning itself as a catalyst for creating a skilled, future-ready workforce that will drive India’s automotive and industrial progress.

Mr. G. Shankara - Executive Vice President, Finance and Administration, Toyota Kirloskar Motor said, “The Toyota Youth Connect program embodies our commitment to empowering India’s youth with the skills and knowledge essential for a successful career in today’s rapidly evolving technical landscape. We believe that a skilled workforce is the foundation of a strong and sustainable economy. Through initiatives like these, we aim to nurture young talent, particularly in rural areas, providing them with the resources and guidance needed to reach their full potential. By equipping the youth of Karnataka with world-class technical skills, we are not only investing in their individual futures but also contributing to the broader vision of a skilled and self-reliant India. It is our hope that this program will inspire young people to see the value in skilled trades, instil confidence in their abilities, and ignite a lifelong passion for learning and growth. Ultimately, we believe this initiative will help build stronger communities and drive meaningful social and economic impact, paving the way for a brighter, more prosperous future for all.”

The program received enthusiastic feedback from students, who appreciated the opportunity to better understand the importance of apprenticeships, the skills required to become employable, and the career paths available in the technical field. Many participants expressed newfound clarity on their career goals, boosted by a deeper understanding of Toyota’s skilling initiatives and the resources required to achieve success.

Building on the momentum of this successful launch, TKM is committed to further supporting Karnataka’s skilling ecosystem. The next phase of Toyota Youth Connect will focus on identifying areas for improvement, strengthening each institute’s offerings, and providing ongoing CSR support, to sustain this impact over time.

Toyota Kirloskar Motor’s ongoing commitment to skilling and community development exemplifies its belief in the power of education and opportunity. Towards this vision, TKM has pioneered flagship initiatives such as the Toyota Technical Training Institute (TTTI) and the Toyota Technical Education Program (T-TEP). For more than a decade, these programs have been delivering world-class training to students from economically disadvantaged backgrounds, playing a pivotal role in advancing the 'Skill India' mission. By equipping the next generation with practical, in-demand skills, TKM aims to not only advance the workforce but also to contribute meaningfully to India’s growth and prosperity. 

Yamaha Hosted Over 15K Fans & Riding Enthusiasts At Delhi Comic Con


* Yamaha Brings its Signature Blend Of Style, Sports, nd excitement to the ultimate pop culture extravaganza in Delhi

 India Yamaha Motor Pvt. Ltd. brought an unforgettable experience to 15K Fans & Riding Enthusiasts at Delhi Comic Con held from 6th to 8th December 2024 at the NSIC Grounds, Okhla, New Delhi. The event attracted thousands of enthusiasts, influencers, comic book lovers, anime fans, and motorcycle aficionados, all eager to explore this captivating blend of pop culture and Blue-themed Yamaha Experience Zone.

The Yamaha Experience Zone was the centerpiece of the festival, offering a range of activities that thrilled attendees. Visitors enjoyed the MotoGP gaming setup, immersing themselves in the adrenaline of virtual racing. The Samurai-themed MT-03 became a favourite photo spot, while the YZF-R15 provided the unique experience of posing at a dramatic lean angle, simulating the rush of a racetrack corner.

Adding to the excitement, the RayZR Street Rally featured instant photo-sharing, allowing fans to capture and take home their cherished memories. The event saw significant engagement, with visitors showing keen interest in motorcycling and expressing their fandom for Yamaha. In response, the company offered Comic Con Super Fan Box and Yamaha’s exclusive Comic Con themed merchandise, along with other Yamaha goodies to the most engaging cosplayers as well as comics and motorcycling enthusiasts.

As Yamaha concludes its participation in Delhi Comic Con, the company remains committed to creating innovative and engaging experiences for India's youth, solidifying its position as a premium and sporty brand, and gears up for upcoming Comic Con events in other cities across India.

India To Host IEEE TALE 2024 For The First Time At MIT Bengaluru


India is all set to host the prestigious IEEE TALE 2024 Conference, the flagship event of the IEEE Education Society in the Asia-Pacific region, from December 9th to 12th at Manipal Institute of Technology, MIT MAHE Bengaluru. This landmark edition marks the first time the event is being held in India, with participation from 33 countries, bringing together global experts to Key highlights: 

Dates: December 9, 2024

Venue: MAHE Bengaluru, India

Participation: Delegates from 33 countries

AICTE Chairman Dr. T.G. Sitharam will deliver a keynote address

At the event, Center of Excellence in Autonomous Mobility will also be inaugurated 

Explore advancements in engineering, technology, and education.

The conference is organized jointly by the IEEE Education Society, IEEE Region 10, IEEE Bangalore Section, IEEE Education Society Bangalore Chapter, and Manipal Institute of Technology.

IEEE TALE 2024 will serve as a vital forum for educators, researchers, technologists, and industry leaders to share cutting-edge research and collaborate on future-focused solutions. The conference agenda includes keynote speeches, panel discussions, and technical presentations on topics such as AI in education, sustainable engineering, and technology-enhanced learning.

Distinguished guests at the event include Dr. T.G. Sitharam, Chairman of AICTE, Prof. Madhu Veeraraghavan, Pro Vice-Chancellor, MAHE Dr. Iven Jose, Director, MIT Bengaluru and, who will join a diverse cohort of delegates to inaugurate the conference and deliver keynote addresses.

In conjunction with the conference, MIT Bengaluru will inaugurate its state-of-the-art Center of Excellence in Autonomous Mobility on December 9th, dedicated to research in autonomous vehicles, robotics, and smart mobility solutions. This facility aims to position MIT Bengaluru as a hub for cutting-edge innovation in autonomous systems.

For more details on the conference, please visit: TALE 2024 Conference

About IEEE TALE 2024:

IEEE TALE is the IEEE Education Society’s flagship Asia-Pacific conference series, catering to researchers and practitioners with an interest in engineering, technology, and integrated STEM education as well as those interested in the innovative use of digital technologies for learning, teaching, and assessment in any discipline. The conference target audience is diverse and includes those working in the higher education, vocational education and training (VET), K-12, corporate, government, and healthcare sectors.

About Manipal Academy of Higher Education Bengaluru (MAHE B’LRU):

Established in 1953, Manipal Academy of Higher Education (MAHE) is an Institution of Eminence and a Deemed to be University. With a remarkable track record in academics, state-of-the-art infrastructure, and significant contributions to research, MAHE has earned recognition and acclaim both nationally and internationally. In October 2020, the Ministry of Education, Government of India, honoured MAHE with the prestigious designation of Institution of Eminence Deemed to be University. Currently ranked sixth in the National Institutional Ranking Framework (NIRF), MAHE is the preferred choice for students seeking a transformative learning experience.

MAHE Bengaluru, an off-campus of MAHE, excels in delivering comprehensive education to students, supported by highly qualified faculty, and dedicated mentors. The MAHE Bengaluru campus has an inspiring, future relevant learning ecosystem, on a new age tech enabled living campus. Here, the students immerse themselves, transform and discover multiple choices and opportunities. At MAHE Bengaluru, the potential for growth and the opportunities available are boundless.

About Manipal Institute of Technology Bengaluru (MIT B’LRU)

The Garden City of India, Bengaluru, is now home to a new engineering institution – “MIT Bengaluru” – the latest constituent unit of Manipal Academy of Higher Education (MAHE). MAHE is proud to open its doors in the bustling cosmopolitan IT hub of Bengaluru by establishing its new engineering campus: MIT Bengaluru. It is offering eight B Tech programs starting from 2021, with approval from the All India Council of Technical Education (AICTE), MHRD, Government of India. The eight approved programs are Computer Science and Engineering, Information Technology, Electronics and Communication, Computer Science and Engineering – Artificial Intelligence, and Computer Science and Engineering – Cyber Security, Computer Science and Engineering - Data Science, Electronics and Computer Engineering, Electronics Engineering (VLSI Design and Technology), MAHE is recognized as a deemed-to-be university since 1993 and has been accorded the status of Institute of Eminence (IoE) by MHRD, Government of India. Admission to MIT Bengaluru is based on a computer-based online entrance test, MET, conducted by the MAHE.

Govt Welcomes Ideas To Improve Senior Care: Dr. VK Paul, NITI Aayog At ASLI Ageing Fest


The Association of Senior Living India (ASLI) organised the 5th edition of the ASLI Ageing Fest —a flagship event organised by ASLI, the umbrella body for India’s senior care industry— in Bengaluru on Friday. Several leading senior care industry experts highlighted the sector's vast opportunities.

“India is on the brink of a demographic transformation, with 135 million seniors today and projections showing that by 2050, one in five Indians will be a senior citizen. Yet the sector has a mere 1.3% penetration, while mature markets are at 6%, presenting a remarkable $10–15 billion opportunity for the senior living sector. There’s a need to work with government bodies for a robust regulatory framework to help unleash the true potential of the senior living sector. The private sector also has a pivotal role in creating world-class senior living solutions that address the evolving needs and aspirations of this dynamic population,” said Mr. Rajat Mehta, Chairman, ASLI, MD & CEO, Antara Senior Care, in his opening remarks at the 5th Ageing Fest.

On the Fest, Mr. Mehta said, “The 5th ASLI Ageing Fest is a marquee event of the year, which acts as a transformative platform for senior care in India spotlighting the building blocks of innovation, retirement financing and technology. It unites industry leaders, experts, government bodies, investors, and businesses, fostering collaboration to shape the future of senior care in India. The fest provides a platform for meaningful dialogue between all stakeholders culminating with key actions that could facilitate policy-making and drive impactful initiatives to shape the future of senior care."

Delivering the main address at the fest, Dr. VK Paul, Member, NITI Aayog, welcomed suggestions on improving senior care in India. “We have seniors who have contributed to building this nation, and they need special measures, a special touch and a comprehensive response to their care. Towards this, we welcome your suggestions on how to fashion a response, keeping their physical, digital and financial security in mind. The expectations of the government, from institutions like the ASLI, are higher than ever, and we welcome your ideas, which will help us draft policies in line with our goals and societal values,” Dr. Paul said.

He also touched upon the work of the NITI Aayog in framing a comprehensive recommendation on senior citizen welfare for the government’s consideration. “There is a need to put in more energy, resources, and participation. The moment has arrived,” Dr. Paul added.

Ahead of the fest, ASLI also released findings from a survey that explores India's senior population's priorities, behaviours, and aspirations, with McKinsey & Company as knowledge partners. The survey highlights that seniors are focused on ‘ageing well’ rather than merely living long. Mental and cognitive health ranks as their top concern alongside physical health and mobility, with financial security, safety, and combating loneliness also emerging as critical challenges. 

Additionally, the survey sheds light on seniors’ growing tech savviness, with over half using smartphones for online shopping and content consumption on platforms like WhatsApp and Facebook. At the same time, trust in healthcare remains a pressing concern, with seniors citing the need for reliable doctors and concerns about overmedication. These findings come as India’s senior care sector undergoes a remarkable transformation, integrating housing, healthcare, and hospitality to address the complex needs of its ageing population.  The survey was conducted with senior citizens staying at the ASLI member’s senior living communities across India.

Mr. Ankur Gupta, Co-Founder, ASLI and Joint Managing Director of Ashiana Housing, emphasised, "The ASLI survey is a wake-up call for all stakeholders to acknowledge the shifting priorities of India's senior population. As the senior care industry continues to grow and mature, it's essential that we prioritise the holistic well-being of seniors, encompassing their physical, emotional, and social needs”. 

The survey's findings underscore the need for a comprehensive ecosystem supporting seniors in their ageing journey. This includes creating age-friendly infrastructure, fostering social connections, and providing access to quality healthcare. As India prepares to capitalise on the opportunities presented by the Silver Economy, it's crucial that we work together to create a society that values, respects, and supports its elderly population. By doing so, we can empower seniors to live fulfilling lives and create a better future for future generations, added Mr. Gupta.

Speaking at the inaugural in a fireside chat, Mr. Nitin Kamath, Founder and CEO, Zerodha, said, “The areas of focus in the future will be on medical care management and nutrition for senior citizens.  While this generation of senior citizens might not adopt AI, caregivers can increase efficiency by adopting automated tools and AI.”

With seniors projected to comprise 20.8% of India’s population by 2050—amounting to 347 million individuals—and their spending expected to exceed USD 1 trillion by 2030, the sector is poised for significant growth. The 5th Aging Festival served as a platform for stakeholders to explore whether India is ready to capitalise on the opportunities presented by the Silver Economy. 

The 5th ASLI Ageing Fest also featured four interesting panel discussions with leading experts, focussing on financial freedom for senior citizens, investing in senior care, building capacity for the sector and AgeTech.

Photo Caption: Left to right Andrew Larpent, Founder and Chairman Emeritus (Commonage) Australia, Adarsh Narahari MD, Primus Senior Living, Rajit Mehta Chairman ASLI, MD &CEO Antara Senior Care, Mansur Dalal Founder & Chairman emeritus ASLI and Ankur Gupta co-founder ASLI , JMD Ashiana housing Ltd.

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