Union Bank Of India Cuts Lending Rates Following RBI Rate Cut

Following the Reserve Bank of India's reduction in the policy repo rate by 50 basis points, Union Bank of India has revised its key lending rates w.e.f. 11.06.2025.  These changes include downward revision of External Benchmark Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR) by 50 basis points.

With this move, Union Bank of India has completely aligned its EBLR and RLLR with the recent RBI rate cut which will be beneficial to new and existing Retail (Home, Vehicle, Personal, etc.) and MSME borrowers.

Montra Electric Launches Three-Wheeler ‘SUPER CARGO’ In Bengaluru

*          SUPER CARGO (e-3W) comes with an industry leading certified range of 200+ km and real-life range of 170 km.

*         Prices start at INR 4.37 lakh (Ex-showroom Bengaluru, post-subsidy) * and the vehicle comes with industry best 5-year or 1.75 lakh km battery warranty

*          SUPER CARGO is equipped with an industry-leading 13.8 kWh lithium-ion battery and is available in three versatile configurations: 170 cu.ft, 140 cu.ft, and tray deck

*          SUPER CARGO will also be available with a 15-minute 100% charging option, powered by Exponent Energy

Montra Electric, the clean mobility brand of diversified conglomerate Murugappa Group, launched the 'SUPER CARGO' electric three-wheeler in Bengaluru today. The new SUPER CARGO is set to revolutionize the last-mile 3W cargo category with a proposition that addresses current market gaps, empowering customers to earn more with uncompromised range and power to easily navigate any terrain.

Mr. Jalaj Gupta, Managing Director, TI Clean Mobility Private Limited, launched the SUPER CARGO, in the presence of Mr. Roy Kurian, Business Head - Last Mile Mobility, Mr Saju Nair, CEO-Small Commercial Vehicles, and other key stakeholders.

The SUPER CARGO features a 13.8 kWh lithium-ion battery delivering a category-best on-road range of 170 km. Its powerful drivetrain produces 70 Nm torque and 11 kW peak power with 23% gradeability. With a 1.2-tonne gross vehicle weight, the vehicle is engineered to carry all types of loads with ease.

It comes with Sturdy Boron Steel Chassis that offers superior strength and durability, with a promise of best Uptime in the category. SUPER CARGO has the longest wheelbase in its category, providing a spacious driver's cabin and a 6.2-feet load tray that's ideal for large delivery applications.

Safety features include high-performance front disc brakes, hill hold function, reverse assist, and provision for seat belts. Regenerative braking and multiple drive modes enhance the vehicle's efficiency.

Mr. Jalaj Gupta, Managing Director, TI Clean Mobility Private Limited said "The addition of the Montra Electric SUPER CARGO to our product portfolio marks an exciting new chapter of growth for us in the last-mile delivery segment. While we began our journey in the passenger 3-wheeler space with SUPER AUTO and expanded into first-mile logistics with our RHINO heavy trucks, one segment we always wanted to make a foray is —Cargo for mid and last mile.

With EVIATOR, we have already made inroads into the mid-mile segment. And now, with the launch of the SUPER CARGO, we are entering the highly strategic last-mile delivery space.

As a Tru-EV brand, our responsibility goes beyond just offering vehicles—it is about enabling a cleaner, efficient future. With this, we are proud to expand our presence across segments and power India’s mobility shift towards sustainability.”

Mr. Roy Kurian, Business Head – Last Mile Mobility, Montra Electric said, “Montra Electric SUPER CARGO is engineered with deep customer insights. It is packaged with unique features, and the 15-minute full charging option is a great benefit for B2B players. The Super Cargo is well-suited for a variety of applications for both fleet operators and individual entrepreneurs. Our expanding dealer network assures uptime across the nation.”

Mr. Arun Vinayak, Co-Founder, Exponent Energy said, “We are excited to partner with Montra Electric. Our 15-minute 100% Charging solution has been well accepted by the market for its potential to unlock higher asset utilization, and this strategic partnership with Montra Electric will help us take forward the Clean Mobility agenda at enhanced scale. We will closely work with the brand to expand our charging network in line with customer requirements across the cities they are present in”.

The Montra Electric Super Cargo is now open for bookings across exclusive showrooms in over 90 cities. The vehicle is available in three cargo body variants: Tray eCX, 140 cubic feet eCX d, and 170 cubic feet eCX d+.

Additionally, two variants (Tray eQX and 170 cubic feet eQX d+) offer a 15-minute, 100% Quick Charging option. Super Cargo is available in four attractive colours: Chilli Red, Steel Grey, Indian Blue, and Stallion Brown.

Photo Caption: From L to R: Mr. Saju Nair, CEO-Small Commercial Vehicles; Mr. Roy Kurian, Business Head - Last Mile Mobility, Montra Electric; Mr. Jalaj Gupta, Managing Director, TI Clean Mobility Private Limited; Mr. Balakrishnan, Head Engineering - Last Mile, Montra Electric; Mr. Himanshu Aggarwal, National Sales & Service Head, Last Mile, Montra Electric; and Mr. Arun Vinayak, Co-Founder, Exponent Energy at the launch of Montra Electric Super Cargo in Bengaluru.

Freshworks Advances Its Agentic AI Platform To Uncomplicate Service Software For Companies Big And Small

* New agentic capabilities resolve service requests autonomously, deliver real-time insights and simplify the deployment of AI agents for support teams

Most AI-powered service tools stop at answering questions. Freddy now goes further by getting work done. At its flagship Refresh event, Freshworks (NASDAQ: FRSH) unveiled the next generation of its Freddy Agentic AI Platform, a connected, intelligent, continuously learning system of AI agents that don’t just reply to service questions, but can resolve them. Whether it’s processing an insurance claim, updating a payroll record, or booking a new shipment, Freddy AI now takes action across the applications businesses already use.

The company also introduced the Freddy AI Agent Studio, a no-code platform that simplifies the creation and deployment of autonomous AI agents, making it easier for businesses to scale customer support. Freddy AI Agent Studio helps relieve service teams of endless ticket handoffs, delayed resolutions, and frustrated users due to outdated automations. New, easy to deploy AI agents can think, reason and act to resolve many customer queries from start to finish, giving human agents more time to handle more complex customer challenges.

“We're on a mission to uncomplicate the most grueling and repetitive work that IT service and customer support teams face every day," said Dennis Woodside, CEO of Freshworks. “Just like our core software, Freddy Agentic AI gets up and running fast and delivers immediate value—serving as a business accelerator, not another overcomplicated project. Our customers are seeing real results, such as improved CSAT scores, faster resolution times, and lower operational costs."

From Insights to Action: A New Standard for AI at Work

What makes the Freddy Agentic AI Platform truly impactful is its ability to help customer and employee service teams act faster to deliver results. AI agents aren’t just answering questions — they’re resolving requests, completing actions across multiple applications, identifying root causes, and recommending next steps. These capabilities span a wide range of use cases, including order tracking, account modifications, appointment and flight booking, payments and subscriptions, loyalty rewards management, and many more common support requests within retail, travel, financial services, manufacturing, and software industries. All of it can happen autonomously, so teams spend less time on mundane tasks and more time on work that matters.

New capabilities available to customers within the Freddy Agentic AI Platform include:

Freddy AI Agent Studio: More productive agents, happier customers

Freshworks is rolling out the Freddy AI Agent Studio, an integrated set of capabilities to uncomplicate how customer service teams build, test, and launch AI Agents in minutes by a support team member without technical expertise. AI agents can be taught unique skills to autonomously take actions like issuing a refund, checking order status, or updating a customer record.

Highlights of the AI Agent Studio include:

Skills Library - pre-built templates of skills required by AI Agents to take actions in commonly used applications including Shopify and Stripe

Skills Builder - a visual, no-code environment to design and deploy custom skills for AI agents to autonomously resolve service requests like processing a return

Freddy AI Agent for email: Deliver autonomous email support for customers

Freddy AI Agent for email turns inboxes into autonomous support channels. It can analyze incoming messages, drafts contextual replies, and close tickets automatically when a customer confirms the resolution.

Highlights include:

First-response times can shrink from hours to minutes

Repetitive issues are handled efficiently and accurately

Scales support without adding agent workload

Freddy AI Agent for unified search: Enhance knowledge discovery for employee service

Freddy AI Agents can now deliver even more accurate and speedier employee service by intelligently searching enterprise platforms for the latest documentation while reducing the burden on live service agents.

Highlights include:

Integrates seamlessly with Slack, Microsoft SharePoint and Teams, delivering support directly through the tools employees already use most

Multilingual conversations in over 40 languages for inclusive, personalized assistance

Robust security that helps prevent data sharing between accounts

Freddy AI Insights with root cause analysis: Make informed IT decisions, faster

Freddy AI Insights for Freshservice makes complex IT analysis easier as it continuously scans service desk activity to detect anomalies, flag trends, and identify root causes through visual maps. Teams can act quickly with clear, explainable data without SQL queries or dashboards.

Highlights include:

Proactive monitoring of service operations with insights on trending issues, average response and resolution time, SLA violations, and more

Root Cause Analysis maps help identify problems at the source

Metrics to optimize workforce planning, resolution time and employee satisfaction

Freddy AI Copilot upgrades: a force-multiplier for IT and customer service

Freddy AI Copilot is a trusted assistant for service teams by making everyday support tasks smoother and more efficient by writing clear, well-toned replies, connecting related issues, and automatically generating helpful documentation. The newest Copilot capabilities enhance reasoning and context awareness to tackle common pain points in IT and customer service:

Intelligent Related Changes - Copilot reviews recent system changes and highlights the most likely causes in Freshservice

Reply Suggestions - Copilot reads incoming tickets, searches the knowledge base, and drafts tailored responses for agents to review and send in Freshdesk

With these updates, Freddy AI Copilot goes beyond simple assistance – it becomes a partner in delivering faster, more aware support across the organization.

“We designed our Freddy Agentic AI Platform to go beyond simple automation. It works alongside people to solve real challenges in real time,” said Srini Raghavan, Chief Product Officer at Freshworks. “Freddy’s multi-model architecture draws on our trusted LLM partners, each selected for their strengths. This layered approach helps ensure more accurate, reliable, and context-aware support that helps resource constrained teams move faster and with less friction.”

Customer-Proven Results

Since its initial release in 2023, Freddy AI has helped over 5,000 organizations streamline service operations and deliver measurable results – up to 70% ticket deflection from AI Agents and up to 50% productivity gains from Freddy AI Copilot.

Hobbycraft automated 30% of customer queries with Freddy AI Agent which freed up agents to handle more complex issues, improved customer satisfaction by 25%, enabled hybrid work, and boosted employee engagement

Bergzeit auto-triaged more than 200,000 tickets and reduced translation workload by 75% utilizing Freddy AI Copilot with Freshdesk

Five9 deflects up to 65% of IT requests with Freddy AI Agent, while also using Freddy AI Copilot to save the IT department 200 hours per month and Freddy AI Insights to help identify service gaps and how to fix them.

iPostal1 resolves 54% of support queries automatically with Freddy AI – gains that enabled them to scale and open to over 1.3 million mailbox accounts across more than 3,500 locations without compromising quality, accountability, or employee morale.

"The shift toward agentic AI that can autonomously resolve service requests rather than just route them represents a critical evolution in support operations," said Liz Miller, Vice President and Principal Analyst at Constellation Research. "The democratization of agent deployment through simplified, no-code platforms is particularly significant for mid-market organizations that lack the technical resources to build complex AI systems from scratch. This accessibility shift allows companies in that mid-market sweet spot to achieve autonomous resolution capabilities and operational efficiency gains that were previously reserved for large enterprises with dedicated AI teams."

Accelerating Freddy AI Adoption

To make Freddy AI adoption easy, Freshworks is also launching resources that help maximize rapid impact:

Freshworks University Courses: A new AI learning hub with tutorials, use cases, and live help.

AI Academy for Partners: Technical enablement and training for partners that can help them win more deals and boost revenue.

AI Professional Services: A dedicated Freshworks team offering tailored AI strategy, product rollout, and optimization support for larger enterprises facing more complexity.

In-product assistance: Prescriptive workflows, videos and guides to help users get up and running.

Learn More

New product innovations and their availability can be discovered here: https://www.freshworks.com/product-launches/

The agentic AI platform that uncomplicates customer service

AI-powered upgrades that uncomplicate employee experience

About Freshworks

Freshworks Inc. builds uncomplicated service software that delivers exceptional customer and employee experiences. Its enterprise-grade solutions are powerful yet intuitive, and quick to deliver value. With a people-first approach to AI, Freshworks helps teams be more effective and organizations more productive. More than 73,000 customers — including Bridgestone, New Balance, S&P Global, and Sony Music — trust Freshworks to improve service efficiency and fuel long-term loyalty. For the latest updates, visit freshworks.com and follow Freshworks on LinkedIn, X, and Facebook.

Quest Global And ING Honoured With The Asset Triple A Award For Sustainable Finance 2025

Quest Global, a leading global engineering services firm, today announced that it has been recognized with The Asset Triple A Award for Sustainable Finance 2025 in South Asia, in partnership with ING, in the category of “Best Sustainability-Linked Loan – Engineering Services.” This achievement is particularly noteworthy as Quest Global is the first engineering services company to have achieved this milestone. This prestigious award celebrates the innovative integration of sustainability into Quest Global's financial strategy.

The award acknowledges Quest Global's and ING's pioneering approach to embedding sustainability within the company's financing framework, a practice that remains relatively uncommon in the outsourced engineering services sector. The developed sustainability-linked loan (SLL) features a balanced discount and penalty mechanism, strategically designed to incentivize Quest Global to achieve significant advancements in its sustainability objectives through enhanced EcoVadis assessment scores.

"We are deeply honoured to receive this distinguished award from The Asset," stated Rajendra Shreemal, Chief Financial Officer, Quest Global. "This recognition underscores our unwavering commitment to sustainability in our business and financial strategy. Our collaboration with ING has been pivotal in crafting a sustainable financing solution. We would like to extend our gratitude to ING for their expertise in structuring this deal and identifying a sustainability-linked loan opportunity with our banking partners."

"We’re proud to showcase ING’s structuring expertise through innovative solutions like this sustainability-linked loan. It underscores our commitment to supporting clients across sectors, including engineering services, in embedding sustainability into their core strategies. We’re honoured that this collaboration is being recognised as a benchmark for impactful financing in the region,” said Michelle Kong, Head of Sector Coverage for ING Asia Pacific.

The Asset Triple A Awards for Sustainable Finance recognize organizations across Asia that actively contribute to and exemplify the burgeoning landscape of sustainable finance. The "Best Deals for Sustainable Finance" category, nominated by participating banks, recognizes transactions that champion sustainable finance across diverse financial instruments, with a focus on their environmental and social contributions as defined by the 17 UN Sustainable Development Goals.

With this prestigious award, Quest Global and ING reaffirm their commitment to leading the way in sustainable finance and driving positive change within the engineering services industry.

About ING

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is: empowering people to stay a step ahead in life and in business. ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 100 countries.

ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

ING aims to put sustainability at the heart of what we do. Our policies and actions are assessed by independent research and ratings providers, which give updates on them annually. ING's ESG rating by MSCI was reconfirmed by MSCI as 'AA' in August 2024 for the fifth year. As of December 2023, in Sustainalytics’ view, ING’s management of ESG material risk is ‘Strong’. Our current ESG Risk Rating, is 17.2 (Low Risk). ING Group shares are also included in major sustainability and ESG index products of leading providers. Here are some examples: Euronext, STOXX, Morningstar and FTSE Russell.

Society is transitioning to a low-carbon economy. So are our clients, and so is ING. We finance a lot of sustainable activities, but we still finance more that’s not. See how we’re progressing on ing.com/climate.

ING In Asia Pacific

In Asia Pacific, ING offers wholesale banking across 11 markets, namely Australia, China, Hong Kong SAR, India, Indonesia, Japan, the Philippines, Singapore, South Korea, Taiwan and Vietnam.

ING offers both retail and wholesale banking services in Australia. ING’s regional presence includes a 13% stake in Bank of Beijing, China and a 23% stake in TMBThanachart Bank in Thailand.

About Quest Global 

At Quest Global, it's not just what we do but how and why we do it that makes us different. We're in the business of engineering, but what we are really creating is a brighter future. For over 25 years, we've been solving the world's most complex engineering problems. Operating in over 20 countries, with over 85 global delivery centers, our 21,000+ curious minds embrace the power of doing things differently to make the impossible possible. Using a multi-dimensional approach, combining technology, industry expertise, and diverse talents, we tackle critical challenges faster and more effectively. And we do it across the Aerospace & Defense, Automotive, Energy, Hi-Tech, MedTech & Healthcare, Rail and Semiconductor industries. For world-class end-to-end engineering solutions, we are your trusted partner. 

Sify Technologies Ltd. Announces Non-Compliance With Nasdaq Listing Requirements Due To Resignation Of A Director

Sify Technologies Ltd. (Nasdaq: Sify) (the “Company”), a leading integrated information communications technology (or ICT) Solutions and Services provider in India, notified the Nasdaq Stock Market (“Nasdaq”) on May 21, 2025 that, consequent to the resignation of Dr. Ajay Kumar from the Company’s Board of Directors (the “Board”), the Company was in non-compliance with Nasdaq Listing Rule 5605(b)(1), requiring that the majority of the Board be composed of independent directors, and Nasdaq Listing Rule 5605(c)(2), requiring that there be at least three members of the Board’s audit committee. Dr. Kumar resigned to take charge of a constitutional responsibility pursuant to the order of the Hon'ble President of India.   The Company also indicated its intent to rely on the cure periods in Nasdaq Listing Rules 5605(b)(1)(A) and 5605(c)(4)(B).

Further on June 5, 2025, the Company received a letter from the Listing Qualifications Department of Nasdaq indicating that, due to Dr. Kumar’s resignation, the Company no longer complies with Nasdaq’s independent director and audit committee requirements as set forth in Listing Rule 5605. The notice states that, consistent with Listing Rules 5605(b)(1)(A) and 5605(c)(4), the Company would be provided with a cure period to regain compliance.  Such cure period will last until the earlier of the Company’s next annual shareholders’ meeting, or May 15, 2026; provided that, if the next annual shareholders’ meeting is held before November 11, 2025, then the Company must evidence compliance no later than November 11, 2025.

The Nasdaq notice has no immediate effect on the listing or trading of the Company’s ADSs on the Nasdaq Capital Market.

The Company is actively engaged in identifying and evaluating the appointment of another independent director to the Board to fill the vacancies created by Dr. Kumar’s resignation and to regain compliance with the Nasdaq Listing Rules within the specified cure period.

If at any time before the end of the cure period, the Company complies with the requirements, the Company must submit to Nasdaq documentation, including biographies of any new directors, evidencing compliance with the rules.  In the event the Company does not regain compliance by the end of the cure period, Nasdaq will provide notice to the Company that its ADSs will be subject to delisting. At that time, the Company may appeal the Nasdaq staff’s delisting determination to a Nasdaq Hearings Panel.

About Sify Technologies

A multiple year award winner of the Golden Peacock from the Institute of Directors for Corporate Governance, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Digital and AI at the core of our solutions portfolio, Sify is focused on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, mid and small-sized businesses. 

Sify’s infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.

More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Digital services and conduct their business seamlessly from more than 1700 cities in India. Internationally, Sify has presence across North America, the United Kingdom and Singapore. Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.

Vodafone Idea Launches 5G Commercial Service In Bengaluru With Samsung’s Versatile Solutions

* Samsung powers Vi’s 2G, 4G And 5G Commercial Networks In Bengaluru, Chandigarh And Patna With Its Industry-Leading Solutions

Leading telecom operator Vodafone Idea (Vi) today announced the commercial launch of 5G services by partnering with Samsung Electronics Co., Ltd. (Samsung) in Bengaluru region, one of the key telecom markets in India and a global IT hub known as the "Silicon Valley of India". Since 2024, the companies have been working together to deploy a new generation, 5G network and modernize Vi's legacy 2G and 4G networks with Samsung's industry-leading solutions in major telecom circles of India including Bihar, Karnataka and Punjab[1].

As part of this collaboration, Vi had already launched 5G commercial services in Chandigarh and Patna in April 2025. Vi has successfully deployed Samsung’s small form-factor, energy-efficient and high transmit power radios for enabling a seamless 5G experience across all the three circles. These solutions offer increased cell capacity and energy savings features to deliver better consumer experience with greener and more sustainable approaches for Vi's customers.

For this deployment, Samsung provided its wide range of radios supporting diverse spectrum bands, including 32T32R Massive MIMO radios, along with Radio Access Network (RAN) solutions that encompass baseband and software functions known as the virtualized Central Unit (vCU).

The companies have also implemented the nation's first virtualized Base Station Controller (vBSC), a key network element for 2G services, thereby modernizing its network with cutting-edge software solutions while still ensuring legacy technology and services are supported.

Virtualization of network functionalities enable Vi to streamline network deployment and facilitate easier management, which results in greater efficiency, lower operational costs, better resource allocation control, and increased customer satisfaction. With this virtualization adoption, operators can build software-based and flexible networks more easily, gaining a competitive edge in bringing future networks.

Jagbir Singh, Chief Technology Officer, Vodafone Idea said: “The launch of Vi’s 5G services in Bengaluru as well as Chandigarh and Patna, marks a key step in introducing Samsung as a new partner in our ecosystem and towards delivering seamless, highly reliable next-generation services to our customers. By partnering with Samsung, our endeavor is to offer the best customer experience and provide our customers with enhanced mobile broadband throughputs and high capacity required in today’s digitally connected world.”

Woojune Kim, President and Head of Networks Business at Samsung Electronics said: “India, especially Bengaluru, stands at the forefront of the global digital transformation, and we are proud to accompany Vi’s innovative journey in delivering next-generation connectivity to its customers in one of the world's most dynamic and advanced IT markets. Samsung always thinks a step ahead, anticipating future needs of mobile operators. Through this collaboration, Samsung is fully committed in supporting Vi to satisfy the demands of mobile users and boost enterprise growth with our innovative spirits."

About Vodafone Idea

Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is amongst India’s leading telecom service providers. The company holds a large spectrum portfolio including mid band 5G spectrum in 17 circles and mmWave spectrum in 16 circles. The Company provides Voice and Data services across 2G, 4G and 5G platforms and is expanding 5G services across 17 circles. To support the growing demand for data and voice, the Company is committed to delivering delightful customer experiences and contributing towards creating a truly ‘Digital India’ by enabling millions of citizens to connect and build a better tomorrow. The Company is developing infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings, conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence. The Company’s equity shares are listed on National Stock Exchange (NSE) and the BSE in India.

Greenply Industries Crosses “50 Million Tree Plantations” Under Its Green Vision Initiative, Sets Sights On 100 Million By 2028

Greenply, one of India’s leading interior infrastructure brands, firmly adheres to principles that emphasize taking as little as possible from the environment while giving back more. The company believes that sustainable business success must be closely aligned with environmental responsibility and inclusive growth, benefiting not only the company but also the communities and ecosystems it touches. This ethos is embodied in Greenply’s flagship initiative, the Green Vision.

Launched as a comprehensive plantation drive led by Greenply, Green Vision has successfully planted over 50 million trees across India, a milestone that reflects the company’s dedication to restoring and enriching the nation’s green cover. Building on this achievement, Greenply is now targeting the next ambitious milestone of 100 million plantations by 2028, underscoring its long-term vision for a greener future.

Taking the vision forward under its Green Rise initiative, Greenply has actively involved influencers in the plantation drive. By planting saplings on behalf of the architects, the company not only increases tree numbers but also nurtures meaningful social impact, with proceeds supporting community welfare programs in regions like Tizit, Nagaland.

Greenply has extended its environmental efforts to engage the wider public. Seed kits have been distributed to trade partners and influencers. In addition, Greenply launched an interactive online tool [Link: https://www.greenply.com/greenvision/] that enables individuals to calculate their ecological footprint and discover how many trees they should plant annually to offset their lifestyle impact, empowering everyone to contribute to environmental preservation.

In a major product-linked commitment, Greenply introduced the ‘One Tree Plant for One Plysheet Sold’ promise, where one sapling is planted for every plywood sheet sold. This initiative allows customers to directly support the brand’s environmental mission, turning every purchase into a positive ecological action.

"At Greenply, we believe that business success and environmental responsibility must go hand-in-hand. Our Green Vision reflects this commitment — not only to plant millions of trees but to nurture a sustainable future for generations to come. Crossing 50 million plantations is a proud milestone, and we are excited to set our sights on 100 million by 2028. Together with our partners, customers, and communities, we are building a greener tomorrow.”, said Mr. Manoj Tulsian, CEO & JMD, Greenply Industries Ltd.

Behind the scenes, Greenply is equally committed to sustainability within its manufacturing operations. Its plants in Vadodara, Kriparampura, Rajkot, and Sandila are adopting cleaner production methods. The Vadodara plant meets over 50% of its energy needs through renewable sources and operates coal-free boilers, while the Sandila facility utilizes electric forklifts and EV-charged vehicles to reduce emissions. Across its plants, the company is investing in biofuel-powered boilers, solar and wind energy, water recycling systems, and electric mobility, steadily minimizing its environmental footprint.

Greenply remains steadfast in driving measurable environmental impact, from afforestation and sustainable product innovation to community engagement and responsible manufacturing. With every milestone, Greenply strengthens its role as a catalyst for positive change, building not just better interiors, but a greener, more resilient future for all.