Thursday, March 16, 2023

Less Than 5% Indian Companies Offer Comprehensive Insurance Coverage


* Plum’s The State of Employee Benefits Report 2023

Plum, an employee health insurance platform, has released its first edition of a benchmarking report titled, "The State of Employee Benefits 2023." The report evaluated 2,500+ employer-sponsored health insurance plans across businesses of all sizes and inferred that Indian employers are falling short in offering comprehensive benefits; only 5% of Indian organisations offer comprehensive insurance coverage*: Health Insurance (GMC) + Accident and Disability Insurance (GPA) + Term Life Insurance and comprehensive telehealth consultations (GTL + Telehealth).

Plum evaluated the policies of organisations, categorising them as early stage start-ups (having an employee strength of less than 200 employees), high-growth businesses (having 201–750 employees) and mature stage companies (having an employee strength of 751 and above). Of the 2,500+ health insurance plans evaluated, it was observed that the median sum insured offered by India’s employers is INR 3L (startups), INR 4 lakh (high growth companies) and INR 5L (mature stage companies). Over 53% of organisations offer a sum insured of less than INR 5 lakh, 43% offer a sum insured of INR 5–10 lakh, and only 3% offer a sum insured of INR 10 lakh or greater.

The report reveals that a majority of companies, 64% provide additional health benefits beyond their health insurance plans, with telehealth consultation being the most popular at a 42% adoption rate. Despite the importance of term life insurance for employees’, less than 5% of companies offer it as an additional benefit. Additionally, the report reveals that while 65% of India's out-of-pocket medical expenses come from OPD (outpatient department) spending, less than 2% of Indian companies offer OPD coverage with insurance.

It is alarming to see that women, who constitute a significant portion of the workforce, are not receiving adequate maternity benefits from their employers. In fact, only 56% of Indian organisations offer maternity benefits to their female employees, with just 14% of them having a maternity limit greater than INR 50K.

Abhishek Poddar, co-founder and CEO, Plum, said, “We launched the State of Employee Benefits report to shed light on the current state of employee health benefits in India, and the findings are concerning. At Plum, the belief is that it is crucial for all companies to holistically care for their employees and their families.”

“Amid the current environment of uncertainty, it is essential for companies to pay heed to their employees' holistic health. The costs of healthcare in India are rising and a single illness can drain a family's lifetime savings. Therefore, as employers, it is important to cover employees' and their families' healthcare costs and also any ancillary costs that can occur due to accidents or lifetime disabilities. Not only will this increase peace of mind at work, but also increase retention and create an environment of equitable benefits for all. If salaries are benchmarked, so should benefits be," Abhishek added.

The report also highlights that 69% of all companies evaluated have extended coverage to employees’ families. What is concerning is that of these companies, only 25% cover parents, followed by 44% offering an employee-spouse-children (ESC) plan, and lastly, 30% offering an employee-only plan. An extensive family coverage also helps safeguard employees’ financial well-being and makes health insurance accessible to the “missing middle” of India.

Plum recommends that holistic health covers the following:

“The way organisations and employees view insurance is changing. It is no longer a basic benefit, but one that helps with talent management and retention. Further, at Plum we advise our customers to design covers based on employee demographics and demand. Covid was the UPI moment for insurance and we have come a long way in making insurance new age and modern,” said Aditya Bagarka Head of Strategy and Innovation at Plum. Aditya recommends what the ideal basic comprehensive coverage should be (left). He also recommends what companies that want to go above and beyond with modern coverage should provide.

About Plum

Plum is an employee health insurance platform that provides health benefits to corporations. The company is on a mission to accelerate the adoption of health insurance in India by making employee health insurance accessible, affordable, and usable for employees. Recently, Plum received certifications from  ISO/IEC 27001:2013, SOC 2 Type 2, and GDPR compliance. It is re-imagining the health insurance stack and accelerating the penetration of health insurance in India to 100%. Plum aims to reach a milestone of 10 million lives insured by 2025. Plum is backed by Tiger Global and Sequoia Capital.

SAP Introduces SAP® Datasphere to Simplify Customers’ Data Landscape


SAP India, today announced key data innovations and partnerships that give customers access to mission-critical data, enabling faster time to insights and better business decision-making. SAP announced SAP® Datasphere solution, the next generation of its data management portfolio, which give customers easy access to business-ready data across the data landscape. SAP also introduced strategic partnerships with industry-leading data and AI companies –Confluent Inc., Databricks Inc., Collibra NV, and DataRobot Inc. – to enrich SAP Datasphere and allow organizations to create a unified data architecture that securely combines SAP software data and non-SAP data.

Until today, accessing and using data located in disparate systems and locations – across cloud providers, data vendors and on-premises systems – has been a complex challenge. Customers have had to extract data from original sources and export it to a central location, losing critical business context along the way and recapturing it only through ongoing, dedicated IT projects, and manual effort. With today’s announcements, SAP Datasphere helps eliminate this hidden data tax, enabling customers to build a business data fabric architecture that quickly delivers meaningful data with business context and logic intact.

“India, the world's 3rd largest economy today with a large, connected population, produces an immense volume of data in various sectors. With SAP customers generating 87% of total global commerce, SAP data is one of the most valuable business assets that power the critical functions of an organization, from manufacturing to supply chain, finance, human resources, and more, said Bharat Sandhu, SVP, AI & Application Development Platform, SAP. "We want to help our customers take the next step to efficiently and confidently integrate SAP data with non-SAP data while preserving all the related business context and logic to unleash the power of business data." he added.

SAP Datasphere

Available today, SAP Datasphere is the next generation of the SAP Data Warehouse Cloud solution. It enables data professionals to deliver scalable access to mission-critical business data. With a unified experience for data integration, data cataloging, semantic modeling, data warehousing, data federation and data virtualization, SAP Datasphere enables data professionals to help distribute mission-critical business data – with business context and logic preserved – across their organization’s data landscape. SAP Datasphere is built on SAP Business Technology Platform (SAP BTP), which includes strong enterprise security capabilities, such as database security, encryption, and governance. No additional steps or migrations are required for existing customers of SAP Data Warehouse Cloud, who will benefit from new SAP Datasphere functionality in their product environment. New functionality includes data cataloging that automatically discovers, manages, and governs data; simplified data replication to deliver data and its constant updates in real-time; and enhanced data modeling that preserves the rich business context of data in SAP applications. Additional application integration capabilities that link data and metadata from cloud solutions from SAP to SAP Datasphere are planned.

Strategic Partnerships

SAP and its new open-data partners will help hundreds of millions of users across the world make informed business-critical decisions rooted in massive amounts of data. SAP’s strategic partners provide the unique strengths of their ecosystems and enable customers to combine all their data like never before.

“Everybody wants access to SAP data, so leveraging partnerships among tech suppliers is absolutely necessary for a comprehensive data strategy,” said Dan Vesset, group vice president of data and analytics market research, IDC. “Organizations today live in a world where a multi-cloud, multivendor and off- and on-premises data landscape is the norm. SAP is taking a new approach by partnering with a select group of leading partners, treating third-party data as a first-class citizen to better meet the needs of customers.”

Initial partners include:

Confluent plans to connect its data streaming platform, empowering companies to unlock valuable business data and connect it with external applications in real time. Confluent's cloud-native offering is the foundational platform for data in motion – permitting the uninhibited flow of real-time data from various sources across an organization.

Databricks customers can integrate their Data Lakehouse with SAP software so data can be shared with semantics preserved, helping customers simplify their data landscape.

Collibra plans to have a tailored integration with SAP, enabling customers to achieve an enterprise governance strategy by building a complete data catalog with lineage across their entire data landscape – both SAP and non-SAP data. Collibra makes trusted data discoverable across any organization.

DataRobot enables customers to leverage multimodal automated machine learning capabilities on top of SAP Datasphere and bring it directly into their business data fabric on whichever cloud platform it resides.

3i Infotech Celebrates Women Empowerment, Felicitates Inspiring Women Achievers At NuWE2023 In Mumbai


* The experts opined that Equity, building communities, and upskilling oneself is important.

3i Infotech Limited (BSE: 532628, NSE: 3IINFOLTD), a global Information Technology company, committed to accelerating business transformation, organized a celebratory event to mark International Women’s Day event – ‘NuWE2023’ on March 14, 2023, in Mumbai. The event saw the culmination of a month-long digital campaign which invited participants from across India to share their inspiring stories on social platforms, stories around individuals who have faced odds but were able to still come up trumps. Out of the hundreds of entries from across tier-1 to tier-3 cities in India, the top 5 winners were felicitated in a gala event attended by a host of leaders and experts from corporate, education, media, and the social media influencer community. It also presented an opportunity for the winners to interact with experts from the finance, technology, and education domains.

The winners felicitated for the #NuWE2023 digital campaign include Ms. Mamta Narula, Delhi, Ms. Nitika Sharma, Delhi, Ms. Mahashweta Mohapatra, Pune, Ms. Priya Singh, Mumbai, Ms. Bindhiya Upputuri, Hyderabad along with a special mention Ms. Anshita Agrawal, Mumbai, each of whom has been doing commendable work in their fields along with empowering women by their inspiring work in reinstating empowerment for women. 

The event was based on the United Nations Theme for International Women’s Day 2023: DigitALL - Innovation & Technology for Gender Equality.  The event had two important panels, which were - ‘Financially Intelligent Women: Myth, Mystery, or Mandate?’ and the second panel - ‘How can Women Leverage Technology to Achieve Digital Equality?’. The event began with a welcome note by Thompson P. Gnanam, Managing Director, and Global CEO, 3i Infotech, followed by a Keynote address by Dr Aruna Sharama, Non-Executive Director, 3i Infotech, and two special addresses by Dr Isha Farha Quraishy, Entrepreneur and Technology Expert, specializing in Metaverse, Dubai and Ms. Amrita Gangotra, Independent Board Director, 3i Infotech and Global Strategic Advisor. 

The Panels saw some of the leading women in technology and finance from across the C-suite leaders, social media leading women influencers, educationists, and prominent journalists including Ms. Priya Ranjit, CFO and COO, Standard Chartered Capital Limited, Ms. Meera Isaacs, Dean – Cathedral and John Connon School, Mumbai, Ms. Jasmine Gorimar, Digital Transformation Strategist, Mahindra Group, Ms. Yeshasvini Ramaswamy, Serial Entrepreneur and CEO, Great Place to Work, India, Ms. Shreyaa Kapoor, Ms. Kiran Nagar and Ms. Priya Jain, leading social media finance and tech influencers, Ms. Devina Sengupta, Deputy Editor, Mint and Ms. Romita Majumdar, Senior Technology Correspondent, The Economic Times. The power-packed panels were moderated by Mr. Yogesh Gupta, Director – Content & Communities, Foundry India and Mr. Ruhail Amin, Senior Editor, BW Businessworld. 

The overall takeaway was that women are empowered and there should be no reason holding them back to do whatever they want to do. Equity is an important aspect and, in this day, and age technology is playing a role of an enabler, through productivity tools etc., to drive digital equality. Also, it was felt that we need to avoid looking at things from a binary perspective of male and female to include the other genders as well, to drive the point of equality. The panellists felt strongly that women need to build their community, focus on their career, and most importantly celebrate ‘YOU’. One should continuously upskill themselves with the rapid advancement in technology.

Thompson P. Gnanam, Managing Director & Global CEO, 3i Infotech said, “I am pleased to see the successful fruition of this month-long campaign, which saw coming together of people at a single platform to share their ideas, stories, and perspectives around stereotypes and what it takes to overcome these societal notions and biases. While the event had a strong message to communicate, it also had fun and engaging activities planned as part of a social experiment. The two gripping panel discussions and the winner stories gave us great insights and perspectives. This event has gone a notch up since last year, and we aim to make this NuWE initiative even more impactful in the coming years. I would like personally to congratulate each of the winners and participants alike and would like to thank all the experts, moderators and guest speakers who came forward to support this event through their active participation.”

Speaking on the occasion, Shreyaa Kapoor, Angel Investor and Finance Content Creator said, “NuWE presented an exemplary platform for women to discuss the ideas of inclusivity in the finance and technology space. Ideas flowed freely and discussed the multitude of challenges and biases women face in these niches. This event was the silver lining to the otherwise dismal narrative around the same as we shared inspiring stories of how women are no longer passive consumers of ideas in this space but rather trendsetters. With women joining in from different walks of life, this event was the quintessential example of women empowering other women!”

Mamta Narula, one of the winners of the NuWE digital campaign said, “The event was an eye-opening initiative for me as apart from the work that I have been doing in the field of women empowerment, I was able to educate myself even more through the many interesting insights that flowed at the panels, enhancing me as a woman. I have been able to derive multiple takeaways from NuWE2023 and I feel extremely empowered by the learnings. The event gave a broader perspective of what is the contemporary scenario of empowered women and what else can be done apart from what you are already doing.”

As part of its initiative towards promoting diversity and inclusivity, 3i Infotech has also made a recent addition of a mandate to welcome all the new mothers back to work in its hiring policy. The company lauds and promotes the need of recognizing women who bring change and inclusivity across all levels of workforce.

About 3i Infotech 

Headquartered in Mumbai, India, since its inception in 1993, 3i Infotech has been committed to driving business value across multiple industry verticals. 3i Infotech, today, has emerged as a leading name in propelling the current wave of digital transformation initiatives, with deep domain expertise across BFSI, Healthcare, Manufacturing, Education, Telecom, Media & Entertainment, Retail and Government sectors. The company has over 5600 employees in 30 offices, 15 countries and across 4 continents. With a digital and cloud-first approach, and a range of IT services and solutions encompassing 5G in Edge Computing, Cognitive AI/ML, Data Science and Analytics and Blockchain, 3i Infotech have successfully transformed business operations of 1,200+ customers across 50 countries. The company has a very strong foothold and client base in geographies like North America, India, Asia Pacific, the Middle East, and the Kingdom of Saudi Arabia.

Website: https://www.3i-infotech.com/

Bharti Backed OneWeb To Launch 36 Satellites With ISRO In Final Launch To Complete Constellation & Enable Global Service


What: 

OneWeb, the low Earth orbit (LEO) satellite communications company, will now target its launch of 36 satellites with ISRO for no earlier than 26 March 2023. This launch, taking place from the Satish Dhawan Space Centre in Sriharikota, India, will be OneWeb’s eighteenth launch to-date and its third this year, completing its first generation LEO constellation, and enabling the company to initiate global coverage in 2023.

Why: 

This launch will be one of the most significant milestones in OneWeb’s history so far, with the launch adding an additional 36 satellites to the OneWeb fleet, the first ever completed global LEO constellation.

By completing the constellation, OneWeb is taking a pivotal step forward in delivering global coverage.

Alongside our distribution partners, OneWeb’s high-speed, low-latency solutions will help connect communities, enterprises and governments around the world, demonstrating the unparalleled potential of LEO connectivity.

This mission marks OneWeb’s second satellite deployment from India, highlighting the collaboration between the UK and Indian space industries. Across India, OneWeb will bring secured solutions not only to enterprises but also to towns, villages, municipalities and schools, including the hardest-to-reach areas across the country. 

OneWeb already has connectivity solutions active today in key geographies across the globe and is bringing new areas online by partnering with leading providers including VEON, Orange, Galaxy Broadband, Paratus, Telespazio, and more.

When:

The launch is scheduled to take place no earlier than 26 March 2023 at 11:30pm ET / 3:30am GMT / 9:00am IST 

Where:

The launch will take place from the Satish Dhawan Space Centre in Sriharikota, India and will be conducted by NSIL, the commercial arm of the Indian Space Research Organization (ISRO).

How to watch:

Livestream available on YouTube and social media channels.

BenQ, India’s No.1 DLP Projector Brand Launches World’s 1st High Brightness 4LED Projector – LH730


BenQ, the No. 1 DLP Projector brand in India, with an impressive 32% market share for 2022 as per Futuresource Consulting Report, today announced the launch of the World’s 1st High Brightness 4LED Projector, LH730.

LH730 is a 4000 ANSI Lumens 4LED light source projector with an additional LED, which increases the overall brightness of the projector by 8-12% compared to a 3LED light source projector. The additional green LED diode enhances the color saturation which increases the perceived brightness of the projected image by a factor of 1.5x~2.4x, thereby 4000 ANSI Lumens high brightness of LH730 is perceived as ~ 6000-7000 ANSI Lumens high brightness by the naked human eye.

LH730 along with high brightness also delivers high color saturation of 98% Rec. 709, making it a perfect choice for large meeting rooms, conference rooms, lecture halls, and the hospitality industry.

Speaking on the occasion, Mr. Rajeev Singh, Managing Director, BenQ South Asia, said, “It’s a proud moment for us to acknowledge that BenQ has been crowned once again as the No.1 DLP Projector Brand in India with 32% market share contributed collectively by data and video segments of projector. BenQ has also witnessed a remarkable YOY business growth of 44%. We have been continuously investing in research and development to deliver the best value-based solutions to our customers, and with LH730 we want to bring a shift from traditional lamp-based projection solutions to an LED-based projection solution. We are working towards completely shifting to solid state light sources (LED & Laser) for projectors within the next 2 years”

LH730 with an LED light source reduces the total cost of ownership for the customer by providing up to 30,000 hours of light source life – eliminating the requirement of lamp replacement and having much lower power consumption compared to a lamp or a laser light source-based projector.

The DLP Technology of the LH730 performs at a superior contrast level of 500,000:1 delivering true deep blacks, vividly rich colors, and fine subtle details. In addition, LH730 with HDMI 2.0 ports and 4K HDR/HLG compatibility provides users with the option to view 4K HDR content.

LH730 allows wireless scalability for enhanced flexibility, enabling users to present content wirelessly from any mobile device. Moreover, LH730 is compatible with BenQ’s EZCast Wireless Dongle using USB Connectivity Port, enabling users to project Full HD multimedia content wirelessly from up to four devices at a time - Windows, Android, iOS, and Chrome devices by fully supporting AirPlay, Chromecast, and Miracast protocols.

The BenQ 4LED Projector delivers excellent installation flexibility by providing two-dimensional keystone correction with a 1.2x Zoom Ratio and corner fit. Additionally, LH730 enables the user to digitally shrink and shift to fine-tune the screen size and align the projection as per the desired frame.

In addition, LH730 is compatible with control systems such as PJ-Link, Creston, AMX, and Control 4 ensuring easy integration into any existing corporate network infrastructure.

BenQ offers Industry leading 3 Years of onsite warranty on this projector & 3 Years or 5000 hours warranty on LED Light Source (whichever is earlier).

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, 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.

Disney Star Network Expands Its Star Gold Portfolio With The Launch Of Star Gold Thrills And Star Gold Romance


Disney Star network has announced the launch of two new Hindi movie channels, Star Gold Thrills and Star Gold Romance, under the Star Gold Network. The new channels will cater to diverse audiences and deliver top-notch content across genres. Star Gold Thrills and Star Gold Romance will be available for subscription starting 15th March 2023 across cable networks, HITS, IPTV and DTH platforms.

"With the launch of Star Gold Thrills and Star Gold Romance, we now have a bouquet of five Hindi movie channels under the Star Gold brand umbrella, elevating Star Gold from a movie channel to a unified network of movie channels. Audiences today have a high interest in blockbuster movies from around the world, but language remains a barrier for many. Research highlights that 68% of TV-Movie audience expressed their preference for watching Hollywood movies in Hindi and we are happy to break the language barrier and present movies that our audiences want to watch with Star Gold Thrills," said, Kevin Vaz, Head – Network Entertainment Channels, Disney Star. "Female viewers consistently show a higher affinity for Hindi movies led by romance & drama, however there is not a single movies destination that caters to female audiences on TV. In fact, 98% of female TV-movie viewers would prefer a new Hindi movie channel dedicated to love and romance, and this makes Star Gold Romance a strong proposition,” he added.

Star Gold Thrills will be India’s only 24x7 Hindi movie channel dedicated to high octane action and will be an ultimate adrenaline driver with a diversity of movie genres i.e., action, adventure-fantasy, thrillers, sci-fi movies and the biggest franchises featuring the best of Marvel and DC, Mission Impossible, Godzilla, X-Men, Transformers, Die Hard, Pirates of the Caribbean to cater to varied preferences of TV viewers. The movie titles will be curated from some of the biggest studios from around the world like Disney, Twentieth Century Studios, Warner Bros, Sony, Paramount, for the first time in Hindi. With this, Star Gold Thrills will have the largest library of international content on any TV channel. And with the legendary brand Thums Up associated as Channel Partner, the launch promotions of Star Gold Thrills are sure to set the pulse racing.

Star Gold Romance will be the destination on TV for viewers who thrive on love and romance in movies, showcasing iconic titles and modern hits from Bollywood, South cinema and Hollywood. From Luka Chuppi to Sita Ramam to Titanic the channel will also be home to some of the most coveted Romantic movies from India’s most iconic and revered film studio – Yash Raj Films.

Speaking on the launch of Star Gold Romance, Akshaye Widhani, CEO of Yash Raj Films said, “In India, the idea of love & romance is formed through the magical lens of cinema! And, for more than five decades, YRF movies have captivated India and Indians who have discovered various shades of love & also expressed and celebrated it in their relationships. Our iconic characters from timeless hits like Chandni, Dilwale Dulhania Le Jayenge, Mohabbatein, Dil To Pagal Hai, Rab Ne Bana Di Jodi, Kabhi Kabhie, etc. continue to spread joy among generations of fans. We are delighted that some of our cult blockbusters will now have a new home in – Star Gold Romance – India’s New destination on TV for Love, Warmth & Romance.”

Television continues to be the preferred medium of entertainment for 900 million people across India. Television’s biggest strength has always been its ability to deliver quality content to homes, bringing friends and families together. With newer channels like Star Gold Thrills and Star Gold Romance, Disney Star continues to offer high-quality content for families to sit back and enjoy togetherness. 

About Disney Star:

With a television network that reaches more than 700 million viewers in nine different languages every month and a streaming platform (Disney+ Hotstar) that has transformed the way India consumes entertainment, Disney Star is the leading media & entertainment company in the country. The organization’s entertainment portfolio, which generates more than 20,000 hours of original content every year, cuts across general entertainment, sports, films, infotainment, kids and lifestyle content. With leadership positions in every segment it occupies, Disney Star has been redefining the media landscape for more than 30 years now, anchored on the three pillars of story-telling, innovation and an unwavering focus on delivering to the expectations of our audiences.  

Syska Accessories Introduces The All-New GaN Pro Travel Adapter For Hassle-Free Charging On The Go!


·         The Syska GaN Pro travel adapter is the ultimate charging solution for travellers

·         The adapter is available in four different variants: 20 watts, 33 watts, and two variants of 65 watts

Syska Accessories, a leading brand of innovative and high-quality accessories for electronic devices, has recently announced the launch of its latest product - the GaN Pro travel adapter. With an ideal solution for all your charging needs, this Made-in-India adapter makes for the perfect travel companion. The compact and lightweight solution provides fast and efficient charging for multiple devices simultaneously.

QCPD20R_20WGN65CR_65W

Market Research's latest report forecasts that the AC-DC power supply adapter market will reach $23.42 billion by 2031, reflecting the growing demand for travel adapters. As the world has returned to normal, the frequency of travel has increased, resulting in a surge in demand for charging gadgets and adapters.

All the variants of the adapters offer short-circuit protection for enhanced safety during fluctuations while charging. Both variants of 65W offer advanced temperature control along with overcurrent protection. The Syska 33W travel adapter comes with a 3.5A Type-C to Type-C cable that enables fast charging up to 3.5A output. The 20W and 33W adapters provide flexibility to use multiple devices simultaneously as it has dual ports (PD+USB) that offer convenience and fast charging. The two adapters have been incorporated with over-temperature protection, making it a reliable and safe choice for all charging needs. Additionally, the adapters have been equipped with overvoltage protection, ensuring the safety of the devices during voltage spikes.

Commenting on the introduction of the Made in India Syska GaN Pro travel adapter, Mr. Gurumukh Uttamchandani, Executive Director, Syska Group said, "Syska Accessories has earned a reputation for its unique product line, and we are committed to providing innovative solutions that enhance the lives of our customers. We take pride in our travel-friendly add-ons, which are carefully crafted to meet the needs of our consumers. Our products are built to be durable, portable, and versatile, allowing one to stay connected and productive no matter where they are. The Syska GaN Pro travel adapter is a testament to our commitment to innovation and customer satisfaction and a perfect combination of great functionality, technology, and convenience, making it easy for consumers to stay charged at all times.”

The travel adapter has a warranty of up to 2 years from the date of purchase and is available in the colour ‘White’. The Syska travel adapters can be purchased exclusively from Flipkart at the following prices – 20W is available for Rs. 899/-, 33W is available for Rs. 1,999/-, 65W(GN65R) is available for Rs. 2,499/- and 65W(GN65CR) is available for Rs. 2,999/-.

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