AI Powered Logistics Startup Shyplite Launches Nine Fulfillment Centres In India Including 3 In Bengaluru

* The company plans to cover six more cities in the coming months to be able to cover the length and breadth of the country 

* Offering a storage capacity of 2 lac sq. ft these fulfilment centres will help in bringing Direct-to-Consumer brands closer to the demand centre, hence reducing cart abandonment, and ensuring stellar consumer experience 

* The company also plans to hire about 100 employees for the fulfillment centres in next 18 months 

Shyplite is a 4PL AI-powered logistics platform that enables businesses to automate their logistics and increase shipping efficiency by providing a single-window platform integrated with multiple carriers. Today, they have announced the launch of its 9 new fulfillment centres across Delhi-NCR, Mumbai, and Bengaluru. The centres combined are spread across 2 lac sq. ft area with the capacity to store 1.5 cr- 2 cr units and will house products across categories including fashion, apparel, accessories, home furnishing, decor, packed non-perishables, cosmetics etc.  

Shyplite is actively working towards meeting rising demands of over 100,000+ sellers on its platform and is aiming at expanding into six more cities in coming months. Industry reports suggest that eCommerce shipments are expected to increase to over 5000 mn by 2025. With these decentralized fulfillment networks, the businesses will be able to provide a faster, effective, and seamless consumer experience and support their growth vision. Shyplite has already shipped more than 50 million orders till date across domestic and global markets. Shyplite is also aiming at expanding its workforce at fulfilment centers and adding up-to 100 employees in the next 18 months. 

On the launch of these new fulfillment centres Parinay Itkan, Founder & COO, Shyplite said “We are committed to help the businesses scale effectively with strong supply chain models and with the launch of our fulfilment centers, we have taken another step in that direction. This network of nine fulfilment centres spread across a combined area of 2 lac sq. ft will provide sellers with end-to-end services like packaging, transportation and logistics while generating work opportunities for diverse personnel across regions. While we continue to prioritise the safety of our teams and customers, we are confident that the expansion will help us enhance customer experience.” 

Shyplite’s fulfillment centres will help its customers as well as partners to gain a competitive edge in reaching a larger volume of customers, faster and more affordably. Inventory management in today’s time is a prevalent operational problem for many online stores but is an essential component of cultivating the best possible customer experience. Shyplite’s fulfillment centers will make the customers/partners inventory management simpler, helping them save time and are able to focus on other areas of their business.   

Shyplite empowers its sellers with courier partners across 27,000+ pin codes across India. 

About Shyplite: 

Shyplite is a 4PL AI-powered logistics automation and fulfilment platform enabling businesses to automate their logistics and increase shipping efficiency by providing a single-window platform integrated with multiple carriers. Trusted by 100K+ sellers, It has 30+ courier services on its platform, multiple marketplaces, and carts integrations, and 27000+ shipping pin codes PAN India with 220 countries served globally. People can get the lowest shipping rates with zero monthly subscriptions, Early COD facility, and many more user-friendly and robust features on a single dashboard for all your shipping needs. 

Xander Acquires One Million Sq. Ft. In Chennai Free Trade Warehousing Zone

* Acquisition doubles Xander’s ownership in Chennai FTWZ to 2 million square feet

* New facilities to be ready for occupation in Q4 2021 onwards

Singapore-based Xander Investment Management (“Xander”) today announced that its industrial platform has acquired an additional 1 million square feet of warehousing space in Free Trade and Warehousing Zone (“FTWZ”) located at Sriperumbudur, near Chennai, Tamil Nadu. Xander already owns 1 million square feet of warehouses in the FTWZ acquired over the last decade, and the new acquisition will immediately double its ownership in the park to 2 million square feet.

Notified as the first FTWZ in India, and recently approved as a Multi-Sector SEZ, the park provides Grade-A warehousing and industrial facilities to global operators and manufacturers. Current occupiers include companies like DHL, DB Schenker, Kerry Indev, TVS Supply Chain and Seaways Supply Chain.

“The expansion in JMFTZ is fueled by strong tenant performance and enhanced demand from existing and new occupiers. The new facilities will provide a further thrust to the logistics and manufacturing sectors in the region and act as a catalyst for more rapid economic development in Tamil Nadu. We are leveraging our expertise and knowledge to design best in class industrial/ logistics infrastructure with an emphasis on ESG and sustainability,” said a Xander spokesperson.

The FTWZ is strategically located on the high growth Chennai-Bengaluru Industrial Corridor (CBIC) with excellent connectivity to Chennai, Ennore and Kamrajar Ports, which together account for ~20% of container traffic in India. It is also in close proximity to major industrial belts like Oragadam. Maraimalai Nagar, Tiruvallur and Kanchipuram, which are home to a large number of electronics and auto/auto ancillary companies.

Mr. Sunil Rallan, CMD at JMFTZ, said “The recognition of FTWZ as a multi sector special economic zone provides enormous growth opportunity to attract relocating supply chains which are seeking to set up manufacturing in the CBIC. Being asset light is the mantra for most of the relocating supply chains. FTWZ has already provided over 1,000 new jobs and further expansion will create more employment and immensely contribute to the local economy. With one third of exports from SEZs, it has the potential to become a strong pillar of the Indian economy.”

About Xander Investment Management

Xander Investment Management is the private equity real estate arm of The Xander Group Inc.  Headquartered in Singapore, and focused on emerging markets, with an emphasis on India and South East Asia, the firm has raised USD 2.1 Billion from institutional investors including some of the world's largest pension funds, charitable endowments, and financial institutions.  XIM has invested and harvested through multiple market cycles, consistently generating returns that beat the benchmark index. Over the last 16 years, the firm has invested in, acquired, and developed over 108 million square feet across real estate asset classes, including office, retail, industrial, budget and luxury hotels, warehousing, condominiums, serviced residences, and large suburban master planned communities and townships.

BenQ India Targets Large Screen High-End TV Market With 4K Laser Television Launch

* The Laser TV projector is intended to replace – and be used like – a large screen TV on cabinet

BenQ, a leading global innovator of display technologies and the No.1 Global DLP projector brand for last 12 years running (2009-2020), announced the launch of V6000/V6050, an ultra-short throw 4K Laser TV (Laser projection TV), which provides amazing True 4K image quality, wide color range performance on a Large ALR screen 100/120 inches which comes along with the projector as package deal for your living room. BenQ Laser TV is also awarded with world-renowned iF DESIGN AWARD.

The BenQ V6000/V6050 4K Laser TV is a High-Brightness 3000 Lumens 4K Ultra short throw Laser Projector with 98% of the DCI-P3 color space coverage and gives HDR PRO image quality with high quality TreVolo Speakers, motion sensor for eye protection, automatic sunroof slider. It comes with Laser light source which guarantees minimum Light Source Life of upto 30,000 hours.

BenQ India offers V6000/6050 as a complete solution for your living room entertainment, It comes with option of 100/120 inch ALR screen (Ambient light rejection screen) and latest 32GB Apple TV device at an attractive price of INR 4,99,000 (tax paid). Utilizing a laser light source it generates 3000 lumens brightness along with ALR screen it gives superior and bright viewing experience in your living room even with ambient light.

BenQ offers complete peace of mind with installation support & 3 years onsite warranty on the projector and 3 years or 15,000 hours on light source.

“We are in the midst of a revolution in home entertainment. Blockbuster films are being released directly to streaming services by major studios. There are a plethora of high-quality 4K Content available at the touch of a button from the comfort of couch. The BenQ V6000/V6050 aims to replace living room TV with a huge projected image that is more than 100 inches wide. Large-screen 4K graphics with precise HDR colours and high brightness, paired with ultra-short throw projection and luxury design, will elevate Home Entertainment Experience to new heights. This ground-breaking device for living rooms will revolutionise the visuality in home entertainment”, said Rajeev Singh, Managing Director, BenQ India & South Asia.

Spectacular Laser 4K Resolution with 98% DCI-P3 Color Gamut

V6000/V6050 delivers true 4K UHD picture quality with 3840x2160 resolution and 8.3 million pixels. It Offers 98% DCI-P3 Color Gamut which brings out the True Cinematic colors. Cinematic color™ technology utilizes optimal colors to bring out accurate professional cinema grade color performance.   HDR-PRO technology (HDR10 and HLG formats) in V6000/6050 incorporates auto color and tone mapping techniques to offer superior brightness and contrast ranges as well as ideal image optimization. Furthermore, the V6000/V6050 uses advanced motion estimation and compensation technology called MEMC. It makes videos more fluid, compensates motion blur and slow motion effects.

It also supports 3D content viewing.

Premium Design comes with Prime Features

Setting itself apart from the competition, the tastefully designed V6000/V6050 facilitates an automatic sunroof slider that automatically closes when the projector is not in use, avoiding dust build-up and exposure of the lens. Equipped with professional Trevolo brand front channel speakers, the V6000/V6050 offers true tone sound along with a powerful audio. It also gives you connectivity options for external speakers through Optical out/HDMI (eARC). It gives you multiple connectivity options – 2 X HDMI ports, 3 X USB reader ports, 1 x Optical Out RS232.

The Ultra short throw V6000/6050 can project a 100” inch diagonal screen size from only under 23 inches approx. from the wall (the total screen size ranges from 70- to 120-inch diagonally with the help of integrated screensize measuring tool).

Another important feature is the integrated Eye Protection Motion Sensor. It offers protection to eyes  if someone inadvertently leans over the projector. The projector turns off the light source to protect from eye damage. This comes with an option of 100 or 120 inch BenQ ALR screen. This ALR screen employs a special zigzag structure to absorb 93% of ambient light (ceiling light) and reflects back the light coming from downward direction like the cabinet mounted projector, so families can enjoy bright entertainment in living rooms without turning the lights off. For rich 4K viewing experience, BenQ has bundled this Laser TV with latest 32GB Apple 4K TV device which gives you access to high quality 4K online content.  

About BenQ Corporation

Founded on the corporate vision of “Bringing Enjoyment ‘N’ Quality to Life”, BenQ Corporation is a world-leading human technology and solutions provider aiming to elevate and enrich every aspect of consumers’ lives. To realize this vision, the company focuses on the aspects that matter most to people today – lifestyle, business, healthcare and education – with the hope of providing people with the means to live better, increase efficiency, feel healthier and enhance learning. Such means include a delightful broad portfolio of people-driven products and embedded technologies spanning digital projectors, monitors, interactive large-format displays, digital cameras and camcorders, mobile computing devices, and lighting solutions. Because it matters.   

About BenQ Group

The BenQ Group is a $25+ billion powerhouse comprised of nearly 20 independent companies operating in over 30 countries across numerous industries with a combined workforce of over 100,000 employees.  Each Group member is a recognized leader in its own field, contributing to the BenQ Group’s vast resources, broad R&D, and distinct strategic strengths.  By leveraging each company’s vertical specialization to create true scale across horizontal markets, the BenQ Group controls a highly efficient value chain with the unrivaled ability to deliver critical components and world-class solutions in the following industries: TFT-LCD, green energy, fine chemicals and advanced materials, lighting, IC design, precision components, system integration, branded business, and service.  The Group is committed to profitable and sustainable businesses that share its long-standing vision of Bringing Enjoyment ‘N’ Quality to Life.

The BenQ Group companies are:  BenQ Corporation, AU Optronics Corporation (world’s top manufacturer of large-size TFT-LCD panels), Qisda Corporation, Darfon Electronics Corporation, BenQ ESCO Corp., BenQ Materials Corp., BenQ Guru Corp., BenQ Medical Center, BenQ Medical Technology Corp., BenQ AB DentCare Corp., BriView Co., Ltd., Daxin Materials Corp., Dazzo Technology Corp., Forhouse Corp., Lextar Electronics Corp., LILY Medical Corp. and Raydium Semiconductor Corp.. 

Honeywell Establishes Artificial Intelligence (AI) Research Centre At IIT Hyderabad, India

* Artificial Intelligence (AI) lab inaugurated by Shri Dharmendra Pradhan, Hon’ble Minister for Education, Skill Development and Entrepreneurship, Government of India

Honeywell Technology Solutions (HTS), the engineering and technology development arm of the Fortune 100 software industrial leader, and the Indian Institute of Technology (IIT), Hyderabad, have entered into an agreement to establish an Artificial Intelligence (AI) lab and jointly research AI and related emerging technologies. The fully equipped lab will be managed, maintained and upgraded by IIT Hyderabad.

The lab was inaugurated today by Shri Dharmendra Pradhan, Hon’ble Minister for Education, Skill Development and Entrepreneurship, Government of India.

“IITH is the first institute in the country to offer full-fledged BTech in AI in line with the recommendation of NEP 2020,” said Shri Dharmendra Pradhan. “I am confident with the recommendation of NEP 2020 such collaboration would become more common and further strengthen to achieve the goal of internalization at home.”

HTS and IIT Hyderabad will together research technologies that solve problems of the future, with AI is as the major focus area. Additionally, the two organizations formed a mutual association to provide industry-specific domain training, remote project mentoring, engineering certificate course, training workshops and hackathons for students of IIT Hyderabad and select employees of HTS.

The association will provide industry collaboration for IIT Hyderabad, an academic environment for Honeywell employees to conduct research, and enable students to upgrade their skills and improve their employment opportunities.

“Honeywell works with many top researchers globally, and we are pleased to extend that work with some of the greatest minds of the country at IIT Hyderabad,” said Samuel Pratap, President, HTS. “The creation of this lab will blend experiences between fundamental research and applied research. Our vast pool of talented industrial application engineers will support this endeavour with their knowledge and experience in AI and emerging technologies to help solve real-world problems,” he added.

Professor B.S. Murty, Director, IIT Hyderabad, said, “It is indeed a momentous occasion to witness this development which will definitely lead to myriad technological developments and opportunities to serve the nation and society at large. The young and vibrant minds at IITH are all geared up to make the institute feature among Top 500 global institute soon.”

The two organizations will also develop courses pertaining to emerging technologies Honeywell uses in its portfolio to enable IIT Hyderabad students to gain industry exposure. The core content and other details on these courses will be mutually reviewed and regularly updated based on the requirements from IIT Hyderabad and the facilitators available from Honeywell.

Honeywell has been collaborating with IIT Hyderabad since the latter’s inception through hackathons, knowledge exchange sessions, and tech talks. The company had earlier funded a Materials Research Lab at IIT Hyderabad, while also enrolling a few employee-engineers for PhD courses at the institute.

About Honeywell India

Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. All of Honeywell’s global businesses have a strong legacy in India, built over the last eight decades. Honeywell’s India commitment is evident in three state-of-the-art manufacturing and engineering operations, and four global centers of excellence for technology development and innovation. Honeywell employs ~13,000 people across different locations including Bengaluru, Chennai, Dehradun, Gurugram, Hyderabad, Madurai, and Pune.  

About Honeywell Technology Solutions

Honeywell Technology Solutions (HTS) is the engineering and technology arm of Honeywell. HTS has engineers across its centers in India, Mexico, and the Czech Republic, and is working on technologies that blend physical products with software to support connected systems that improve buildings, factories, utilities, supply chains and aircraft, and enable a safer, more comfortable and more productive world.

MAHE Bags The District Green Champion Title By MGNCRE – Govt. Of India - Union Ministry Of HRD

MGNCRE has recognized MAHE as one of the Exemplary Performers in the Swachhta Action Plan (SAP) Green Campus Initiative. The District Commissioner, Udupi District, presented a certificate to MAHE certifying that MAHE is this year’s District Green Champion. MAHE’s contribution to the field of Swachhta aspects was well appreciated. The various initiatives undertaken on the campus towards sustainable development, the policies related to the environment, efficient campus management concerning waste, water, and energy helped achieve this title. A workshop was organized by MGNCRE on 17th August online where an exchange of ideas between institutions of the district was conducted culminating in the certificate presentation and MAHE was honored with the title of “ District Green Champion”.

Dr. HS Ballal - Pro-Chancellor, Manipal Academy of Higher Education has conveyed deep appreciation for setting up Swachaa Action Plan Committee on implementing various measures.

Col Prakash Chandra, Director – General Services, MAHE, and Mr Derrick Ian Joshua, Assistant Director, Environment sustainability - MAHE, received the certificate on behalf of MAHE from the Deputy Commissioner - Udupi on 17 Aug 2021

MGNCRE had conducted online workshops where the areas of knowledge sharing in aspects of Swachhta in Campus, Campus Jal Shakti (Water Conservation in the Campus), and Campus-Post Covid 19 Sanitation Plan. Subsequently, a Swachhta Action Plan (SAP) Committee was constituted at MAHE and Swachhta Activities were conducted thus becoming a Swachh Institution. Further, as per the directives of the Ministry of Education, MGNCRE wanted to recognize Institutions for Contribution to Swachhta Education and Practice and conceptualized the 'One District One Green Champion' Awards. MAHE qualified to be part of this Contest given the Swachhta initiatives of the SAP Committee.

The Mahatma Gandhi National Council for Rural Education Department of Higher Education, MoE, GoI, was established in 1995 by the Government of India under the Union Ministry of Human Resource Development. The MGNCRE, founded by the Late Prime Minister Shri P V Narasimha Rao, seeks to usher in rural change and inclusive growth as a catalyst organization. The MGNCRE interfaces with rural institutes of higher learning like Rural Universities, Rural Development Institutes, National Rural Livelihoods missions, and State Livelihood Action Units.

Tata Motors Unveils Its Second EV - Ziptron, New Tata Tigor EV To Launch Soon In The Indian Market

* Bookings open from today

Following the stupendous success of the Nexon EV, which today commands a nearly 70% share in the burgeoning Indian EV market, Tata Motors is now gearing up to launch its second EV offering for the personal segment - the all-new Tigor EV. The Company today unveiled the EV avatar of its Electric Sedan in the signature Teal Blue colour. Powered by its well-proven state–of-the-art high voltage electric architecture – Ziptron, the Tigor EV has been developed based on three pillars of Technology, Comfort and Safety. It comes packed with technology across its powertrain, infotainment, connectivity & charging and promises a comfortable, smooth and relaxing drive. Starting today, Tata Motors will commence bookings for the new Tigor EV at select dealerships at INR 21000.

According to Mr. Vivek Srivatsa, Head-Marketing, Passenger and Electric Vehicles Business Unit, Tata Motors, “The last few years belonged to the early adopters of EV in India but now it is the time of early majority to move to EV. With an immensely successful experience with the Nexon EV, we can confidently state that EVs are rapidly becoming mainstream. The EV market has reached an inflection point and we need to cater to diverse customer needs and democratize the EV market further with another accessible and contemporary EV product. We are ecstatic to unveil our second electric car in the personal segment. With the all-new Tigor EV we want to lead this evolution to mainstream EVs in India with a message to all automotive enthusiasts to Evolve to Electric.”

“Built on 5 strong pillars of Performance, Technology, Reliability, Charging and Comfort, the Ziptron technology has enabled Tata Motors to dispel, to a large degree, the popular myths surrounding the EVs today with respect to power, monsoon usage, reliability, suitability for long distance driving, frequency of charging and so on. With growing demand for EVs, it is imperative to offer a choice of EV options to customers who want to switch to electric and we are delighted to extend the high voltage Ziptron EV architecture to our second offering in the personal EV segment – the Tigor EV,” said Mr. Anand Kulkarni, Vice President, Product Line, Electric Vehicle and ALFA Architecture - Passenger Vehicle Business, Tata Motors.

About Tata Tigor EV:

Ziptron is at the heart of Tata Motors’ revolutionary electric vehicles and encapsulates all the virtues of its electric vehicle technology. The Tigor EV delivers a peak power output of 55 kW and a peak torque of 170 Nm. It does 0 to 60 kmph in 5.7 seconds for a zippy and exciting drive. It can negotiate steepest of gradients without any compromise. It comes with 26 kWh Lithium-ion battery pack which is efficiently packaged, providing highest on-board energy in the segment. It offers a superior driving dynamics and handling aided by lower Centre of Gravity and balanced suspension setup offering a comfortable ride.

The Tigor EV has got an IP 67 rated battery pack and motor to make it weather and worry-proof and comes with a 8 year and 160,000 KM battery and motor warranty. It is based on a proven platform with Rear Crash compatible structure and also complies with ODB 64 test standard. The Impact Resistant Battery Pack casing of Tigor EV complies with AIS - 048 standard for nail penetration at Cell Level. The new Tigor EV is compatible with globally acceptable CCS2 charging protocol and can be fast charged as well as slow charged from any 15 A plug point.

Besides a silent cabin, spacious interiors with ample headroom and legroom for comfortable seating, the Tigor EV also offers 30+ connected car features including remote commands and remote diagnostics, so customers can be in touch with their EV through their phones. 

BIHER To Set Up A State Of The Art Diagnostics Research Center

* Over $5Millioncenter to be set up with assistance from Brigham and Women’s Hospital, an affiliate of Harvard Medical School 

Bharath Institute of Higher Education and Research (BIHER), one of India’s leading research and education institutions has successfully inked a “Mutual Understanding and Confidential Disclosure Agreement” (CCDA) with The Brigham and Women’s Hospital, (BWH) an affiliate of Harvard Medical School to set up world class cutting edge diagnostic research center. Expected to be setup with an overlap of $5 million, this will be the cutting edge facility rivalling the best in world in point of care diagnostics and mobile / tech enabled diagnostic devices.

“We are very excited about this development. Collaboration with the best in world, shall further pave way for future explorations into student exchange, joint research and joint grants,” said the Vice Chancellor Prof. K. V. Bhaskar Raju

The CCDA signed between BIHER and BWH paves way for a formal engagement towards the joint development of a state of art research facility in medical, point of care, mobile based diagnostics. The applications of such a center are numerous: starting from detection of male infertility, ovulation, cancer and even viral loads which are critical as the current world is overwhelmed by COVID-19 pandemic.

“This will bring together the two disciplines of engineering and medicine to conduct research and development in the field of biomedical application of 3D printing and medical device development”, said Dr.Suresh, Pro VC Research, from Bharath Institute of Higher Education and Research.

Commenting further on the development Dr Sundeep Anand, President, BIHER, said, “We are committed to investing into, and building a state of the art facility so that the students and faculty of BIHER can work with the best in world and develop products which can be commercialized.”

Tamilnadu’s oldest private institute Bharath Institute of Higher Education and Research (BIHER) has been recently ranked as India’s No 1 Private University by SCImago Institutions Rankings 2021’ (SIR-2021) and 1st rank in the category of research across the country surpassing all leading government institutions in the year 2021. These rankings are a testimony to its rapid modernization and ramp up of its educational pedagogy, cutting edge research and ground breaking community service activities.

The Brigham and Women’s Hospital(BWH) is the part of the centuries old Harvard Medical College, and has the added credibility of being the second largest teaching hospital of Harvard Medical School and the largest hospital in the Longwood Medical Area in Boston, Massachusetts. Along with Massachusetts General Hospital, the BWH is one of the two founding members of Mass General Brigham, the largest healthcare provider in Massachusetts.

About BIHER: Bharath Institute of Higher Education and Research (BIHER) is one of India’s leading institutes, with more than 10,000 students and more than 900 faculty members. The areas of excellence range from engineering and medicine to management and humanities. BIHER is providing multi-stream, multi-cultural and high-quality education to nearly 10,000 students from all around the world. It is functioning in a sprawling area of over 600 acres of land with 1.3 crore square feet buildings located in six campuses both in Tamil Nadu and Puducherry.