1<!DOCTYPE html> 2<html class='v2' dir='ltr' lang='en' xmlns='http://www.w3.org/1999/xhtml' xmlns:b='http://www.google.com/2005/gml/b' xmlns:data='http://www.google.com/2005/gml/data' xmlns:expr='http://www.google.com/2005/gml/expr' xmlns:og='http://ogp.me/ns#'> 3<head> 4<link href='https://www.blogger.com/static/v1/widgets/2872013778-css_bundle_v2.css' rel='stylesheet' type='text/css'/> 5<meta content='width=device-width,initial-scale=1' name='viewport'/> 6<meta content='text/html; charset=UTF-8' http-equiv='Content-Type'/> 7<meta content='blogger' name='generator'/> 8<link href='https://www.indianweb2.com/favicon.ico' rel='icon' type='image/x-icon'/> 9<link href='https://www.indianweb2.com/search/label/Business' rel='canonical'/> 10<link rel="alternate" type="application/atom+xml" title="Indianweb2.com - Atom" href="https://www.indianweb2.com/feeds/posts/default" /> 11<link rel="alternate" type="application/rss+xml" title="Indianweb2.com - RSS" href="https://www.indianweb2.com/feeds/posts/default?alt=rss" /> 12<link rel="service.post" type="application/atom+xml" title="Indianweb2.com - Atom" href="https://www.blogger.com/feeds/3676472976850630093/posts/default" /> 13<!--Can't find substitution for tag [blog.ieCssRetrofitLinks]--> 14<meta content='News reports, trends, analysis and Daily Updates on Business, Technology, Startups, Science, and Innovation in India and across the World' name='description'/> 15<meta content='https://www.indianweb2.com/search/label/Business' property='og:url'/> 16<meta content='Indianweb2.com' property='og:title'/> 17<meta content='News reports, trends, analysis and Daily Updates on Business, Technology, Startups, Science, and Innovation in India and across the World' property='og:description'/> 18<title> 19 20Latest News & Trends in Business | IndianWeb2.com 21</title> 22<link crossorigin='anonymous' href='https://fonts.googleapis.com' rel='preconnect'/> 23<link crossorigin='anonymous' href='https://fonts.gstatic.com' rel='preconnect'/> 24<link href='https://cdnjs.cloudflare.com' rel='dns-prefetch'/> 25<link href='https://ajax.googleapis.com' rel='dns-prefetch'/> 26<link href='https://www.blogger.com' rel='dns-prefetch'/> 27<link href='https://1.bp.blogspot.com' rel='dns-prefetch'/> 28<link href='https://2.bp.blogspot.com' rel='dns-prefetch'/> 29<link href='https://3.bp.blogspot.com' rel='dns-prefetch'/> 30<link href='https://4.bp.blogspot.com' rel='dns-prefetch'/> 31<link as='style' crossorigin='anonymous' href='https://cdnjs.cloudflare.com/ajax/libs/font-awesome/5.13.1/css/all.min.css' integrity='sha256-2XFplPlrFClt0bIdPgpz8H7ojnk10H69xRqd9+uTShA=' onload='this.onload=null;this.rel='stylesheet'' rel='preload'/> 32<noscript><link crossorigin='anonymous' href='https://cdnjs.cloudflare.com/ajax/libs/font-awesome/5.13.1/css/all.min.css' integrity='sha256-2XFplPlrFClt0bIdPgpz8H7ojnk10H69xRqd9+uTShA=' rel='stylesheet'/></noscript> 33<!-- Open Graph Meta Tags BEGIN --> 34<meta content='Indianweb2.com' property='og:title'/> 35<meta content='website' property='og:type'/> 36<meta content='en_US' property='og:locale'/> 37<meta content='https://www.indianweb2.com/search/label/Business' property='og:url'/> 38<!-- Begin Open Graph metadata --> 39<meta content='Indianweb2.com' property='og:title'/> 40<meta content='website' property='og:type'/> 41<meta content='en_US' property='og:locale'/> 42<meta content='https://www.indianweb2.com/search/label/Business' property='og:url'/> 43<!-- End Open Graph metadata --> 44<!-- Open Graph Meta Tags END --> 45<style id='page-skin-1' type='text/css'><!-- 46/* 47----------------------------------------------- 48Blogger Template 49Name: Story Mag - Wire 50Designer: Salman Farooqui 51URL: http://themeforest.net/user/TemplatesZoo 52---------------------------------------------------------- */ 53/* ------------Variable Declarations----------- 54------------------------------------------------- 55<Variable name="string.alternate.logo" description="Alternative Logo for Dark Theme" type="string"/> 56<Variable name="string.menu.hot" description="Menu Label Text 1" type="string"/> 57<Variable name="string.menu.new" description="Menu Label Text 2" type="string"/> 58<Variable name="string.loader.more" description="New Posts Loader Text" type="string"/> 59<Variable name="string.loader.loading" description="New Posts Loading Text" type="string"/> 60<Variable name="string.loader.nomore" description="No More Posts Text" type="string"/> 61<Variable name="string.popular.title" description="Title of Popular Section on Homepage" type="string"/> 62<Variable name="string.image.subtitle" description="Image Section Subt
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709<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 710<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjwmHSL1A6sVUwP-1BNzl4v6M8SAV0j3kL2vq4Y3_VBxAhvZwxPo8au1g4__xPY6UBqiWN3t9gXXoclYHXVjqsq9J-WpHuj_vxLpGJCPTrec_P5po5TLViMa3W__ffRZ3zXDlW8C_P9OpsU-0JgeOC-YpFEqRPUEljMAhXJU6dYfHZkocV5eFmwvWUaj5s/s1600/68553.jpg' itemprop='image_url'/> 711<meta content='3676472976850630093' itemprop='blogId'/> 712<meta content='8365368849789974285' itemprop='postId'/> 713<a name='8365368849789974285'></a> 714<span class='post-labelsx'> 715<a href='https://www.indianweb2.com/search/label/Automotive' rel='tag'>Automotive</a> 716<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 717<a href='https://www.indianweb2.com/search/label/CEAT' rel='tag'>CEAT</a> 718<a href='https://www.indianweb2.com/search/label/Chennai' rel='tag'>Chennai</a> 719<a href='https://www.indianweb2.com/search/label/Made%20in%20India' rel='tag'>Made in India</a> 720<a href='https://www.indianweb2.com/search/label/Make%20In%20India' rel='tag'>Make In India</a> 721<a href='https://www.indianweb2.com/search/label/Manufacturing' rel='tag'>Manufacturing</a> 722<a href='https://www.indianweb2.com/search/label/Tamil%20Nadu' rel='tag'>Tamil Nadu</a> 723<a href='https://www.indianweb2.com/search/label/Tyre' rel='tag'>Tyre</a> 724</span> 725<h1 class='post-title entry-title' itemprop='name'> 726<a href='https://www.indianweb2.com/2026/10/ceat-expands-chennai-plant-capabilities.html'>CEAT Expands Chennai Plant Capabilities to Strengthen Global Premium Tyre Play</a> 727</h1> 728<div class='sdate'> 729<div class='hauth'> 730<span class='post-author vcard'> 731<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 732<meta content='https://www.blogger.com/profile/03014927700600670133' itemprop='url'/> 733<a class='g-profile' href='https://www.blogger.com/profile/03014927700600670133' rel='author' title='author profile'> 734<span itemprop='name'>IndianWeb2 Desk</span> 735</a> 736</span> 737</span> 738</div> 739<span class='post-timestamp'> 740<a class='timestamp-link' href='https://www.indianweb2.com/2026/10/ceat-expands-chennai-plant-capabilities.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-10-01T13:36:00+05:30'>Thursday, October 01, 2026</abbr></a> 741</span> 742<span class='post-comment-link spk-title-comment'> 743<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/8365368849789974285' onclick=''> 744No comments 745</a> 746<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/8365368849789974285' onclick=''>0</a> 747</span> 748</div> 749<div class='post-header'> 750<div class='post-header-line-1'> 751</div> 752</div> 753<div class='post-body entry-content' id='post-body-8365368849789974285' itemprop='articleBody'> 754<div id='summary8365368849789974285'><img alt="" border="0" data-original-height="998" data-original-width="1331" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjwmHSL1A6sVUwP-1BNzl4v6M8SAV0j3kL2vq4Y3_VBxAhvZwxPo8au1g4__xPY6UBqiWN3t9gXXoclYHXVjqsq9J-WpHuj_vxLpGJCPTrec_P5po5TLViMa3W__ffRZ3zXDlW8C_P9OpsU-0JgeOC-YpFEqRPUEljMAhXJU6dYfHZkocV5eFmwvWUaj5s/s1600-rw/68553.jpg"/><ul style="text-align: left;"><li>Expanded manufacturing capabilities span premium passenger car and SUV, commercial vehicle and two wheeler tyre segments. </li><li>Chennai facility supports advanced products for India, Europe and the US, including CEAT's first made in India 22 inch SUV tyre, seven advanced Truck and Bus radial tyre sizes and racing and sport touring tyres for two wheelers</li></ul>CEAT Limited today announced an expansion of the manufacturing capabilities at its Chennai plant across passenger car and SUV, commercial vehicle and two wheeler tyre categories. The expansion strengthens the plant's ability to manufacture advanced, premium products for customers in India as well as key international markets including Europe and North America.<br /><br />Among the key products manufactured at the plant is 4SeasonDrive+, which brings European standard all season tyre capability to India, with performance designed around changing weather conditions and a particular focus on wet grip.<br /><br />The plant also manufactures CrossDrive RT, CEAT's rugged terrain tyre developed around the requirements of the US rugged and off road tyre market. The product combines rugged terrain capability with the versatility required for regular road use and expands CEAT's premium SUV offering for Indian customers.<br /><br />CEAT has also developed the manufacturing capability for SportDrive SUV ZR22, making it the first Indian tyre company to manufacture 22 inch tyres in India. Designed for large rim, ultra premium SUV applications, the range also features CEAT CALM technology and is being introduced for sale in India.<br /><br /><b>Arnab Banerjee, Managing Director & CEO, CEAT Limited,</b> said, "<i>The Chennai plant is an important part of CEAT's growth in India and international markets. The expanded capabilities allow us to manufacture increasingly sophisticated products across passenger vehicles, two wheelers and commercial vehicles, while responding to the distinct requirements of customers in markets such as Europe and North America. This investment strengthens our ability to compete in premium segments with products developed and manufactured in India.</i>"<br /><h3 style="text-align: left;">Advanced commercial vehicle tyre capability</h3>CEAT has also expanded the plant's Truck and Bus Radial (TBR) manufacturing capability to address the changing requirements of commercial vehicle fleets in Europe, North America and other advanced markets.<br /><br />The plant can now manufacture seven advanced TBR sizes that will cater to some of the fastest growing premium TBR segments in Europe and North America.<br /><br />Fleet requirements are moving beyond durability and mileage to include lower fuel consumption, improved ride comfort, better handling and readiness for electric mobility.<br /><br />The newer wide base tyres developed, can replace the traditional two tyre arrangement on each wheel, making the vehicles lighter, improving fuel efficiency and freeing up additional capacity for carrying more load. The low profile sizes are designed for applications including modern tractors, regional haul, trailers and urban distribution fleets, where good stability, control and ride comfort are important.<br /><br />Alongside its heavy commercial vehicle portfolio, the Chennai facility is scaling up manufacturing capacity for CEAT's light truck steel radial tyres in 15 inch, 16 inch and 17.5 inch sizes. The segment is seeing increased adoption in India and overseas as vehicle manufacturers introduce newer-generation light trucks and buses.<br /><h4 style="text-align: left;">Expanding CEAT's premium two wheeler portfolio</h4>The Chennai facility also supports CEAT's investment in advanced two wheeler tyre technology and premium performance segments.<br /><br />CEAT's latest SportRad Racing Slick range has been developed for racing applications and tested under demanding track conditions by expert riders. The tyres are engineered to deliver high levels of grip and performance on the racetrack.<br /><br />The company's premium portfolio also includes SportRad ST, a sport touring range designed for motorcycles above 650cc. The tyres are developed for long distance and high performance touring, with a focus on high speed stability and cornering grip.<br /><br />Located in Sriperumbudur, Kanchipuram, the 163 acre Chennai plant incorporates connected machinery, real time data analytics and advanced automation across its manufacturing operations. The facility is the second CEAT factory and one among the only four tyre factories in the world to be awarded the Lighthouse designation from WHO. It has also received the British Safety Council 5-Star Award and Sword of Honour for its safety practices.<br /><br />The plant has a 25% green cover and sources a significant share of its energy from renewable sources, including a 9 MW rooftop solar installation. It is also a zero liquid discharge facility.<br /><br />The expanded capabilities across categories strengthen the Chennai plant's role in CEAT's manufacturing operations and increase the range of premium, technology led products that can be developed and manufactured in India for domestic and international markets.<br /><h4 style="text-align: left;">About CEAT Ltd (www.ceat.com):</h4>Founded in 1924 in Italy, CEAT is a leading tyre manufacturer with a strong presence in over 110 countries. Headquartered in Mumbai, India, CEAT is the flagship company of the RPG group. It produces more than 41 million high-performance tyres, catering to various segments like 2-3 Wheelers, Passenger and Utility Vehicles, Commercial Vehicles and Off-Highway Vehicles.<br /><br />CEAT is the first tyre brand in the world to receive the prestigious Deming Grand Prize from the Union of Japanese Scientists and Engineers (JUSE), for outstanding achievement in the field of Total Quality Management.<br /><br />It is also the first tyre brand in the world to be awarded Lighthouse Designation by the World Economic Forum for its use of fourth industrial revolution technologies.<br /><h4 style="text-align: left;">About RPG Group (www.rpggroup.com):</h4>RPG Group, established in 1979, is one of India’s fastest-growing business groups with a turnover of US$ 5.2 billion. The group has diverse business interests in the areas of Infrastru
754cture, Tyres, Pharma, IT and Specialty as well as in emerging innovation-led technology businesses, with a footprint in over 135 countries.<br /><br /> </div>
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755 756<div style='clear: both;'></div> 757</div> 758<div class='post-footer'> 759<div class='post-footer-line post-footer-line-3'> 760<span class='post-location'> 761</span> 762</div> 763</div> 764</div> 765</div> 766<div class='post-outer'> 767<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 768<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhsLV1tVUIgplPGFJavBIT49X5prhG80cSeYM3fo720zMpoapDU7yqYCSCu3WbeenewEaZAwSzGinirjPtQ4sS7tEMwuR3bWy3dGnNMDnh86e2ng2vM5vevzauBCHOaFsG_LLjcq1N1WXeHoyv5xJiOr3j4LGNbQjYw6sdSBuZPTlFcPwlUMY7vZovl2fk/s1600/68549.jpg' itemprop='image_url'/> 769<meta content='3676472976850630093' itemprop='blogId'/> 770<meta content='4239328051030589740' itemprop='postId'/> 771<a name='4239328051030589740'></a> 772<span class='post-labelsx'> 773<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 774<a href='https://www.indianweb2.com/search/label/IIM%20Calcutta%20Innovation%20Park' rel='tag'>IIM Calcutta Innovation Park</a> 775<a href='https://www.indianweb2.com/search/label/Kotak' rel='tag'>Kotak</a> 776<a href='https://www.indianweb2.com/search/label/Northeast%20India' rel='tag'>Northeast India</a> 777<a href='https://www.indianweb2.com/search/label/Startup%20Accelerators' rel='tag'>Startup Accelerators</a> 778<a href='https://www.indianweb2.com/search/label/Startup%20Incubator' rel='tag'>Startup Incubator</a> 779<a href='https://www.indianweb2.com/search/label/Startups' rel='tag'>Startups</a> 780<a href='https://www.indianweb2.com/search/label/Technology' rel='tag'>Technology</a> 781</span> 782<h1 class='post-title entry-title' itemprop='name'> 783<a href='https://www.indianweb2.com/2026/10/kotak-bizlabs-3rd-edition-expands.html'>Kotak BizLabs 3rd Edition Expands National Footprint, Will Support 100+ Startups</a> 784</h1> 785<div class='sdate'> 786<div class='hauth'> 787<span class='post-author vcard'> 788<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 789<meta content='https://www.blogger.com/profile/03014927700600670133' itemprop='url'/> 790<a class='g-profile' href='https://www.blogger.com/profile/03014927700600670133' rel='author' title='author profile'> 791<span itemprop='name'>IndianWeb2 Desk</span> 792</a> 793</span> 794</span> 795</div> 796<span class='post-timestamp'> 797<a class='timestamp-link' href='https://www.indianweb2.com/2026/10/kotak-bizlabs-3rd-edition-expands.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-10-01T12:35:00+05:30'>Thursday, October 01, 2026</abbr></a> 798</span> 799<span class='post-comment-link spk-title-comment'> 800<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/4239328051030589740' onclick=''> 801No comments 802</a> 803<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/4239328051030589740' onclick=''>0</a> 804</span> 805</div> 806<div class='post-header'> 807<div class='post-header-line-1'> 808</div> 809</div> 810<div class='post-body entry-content' id='post-body-4239328051030589740' itemprop='articleBody'> 811<div id='summary4239328051030589740'><img alt="Kotak BizLabs 3rd Edition Expands National Footprint, Will Support 100+ Startups" border="0" data-original-height="641" data-original-width="1161" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhsLV1tVUIgplPGFJavBIT49X5prhG80cSeYM3fo720zMpoapDU7yqYCSCu3WbeenewEaZAwSzGinirjPtQ4sS7tEMwuR3bWy3dGnNMDnh86e2ng2vM5vevzauBCHOaFsG_LLjcq1N1WXeHoyv5xJiOr3j4LGNbQjYw6sdSBuZPTlFcPwlUMY7vZovl2fk/s1600-rw/68549.jpg" title="Kotak BizLabs 3rd Edition Expands National Footprint, Will Support 100+ Startups" /><br /><h4 style="text-align: left;">IIM Calcutta Innovation Park joins Kotak’s flagship CSR initiative as an incubator partner, extending its reach across eastern and north-eastern India</h4> Kotak Mahindra Bank Ltd. (“KMBL” / “Kotak”) today announced Season 3 of the Kotak BizLabs Accelerator Programme, its flagship CSR initiative for early-revenue-stage startups. The third edition (August 2027 to October 2027) is designed to provide support to 100+ startups across India through mentorship, ecosystem access and catalytic funding.<br /><br />The third edition brings together five incubation partners: IIM Calcutta Innovation Park, CIIE Initiatives (IIMA Ventures), NSRCEL at IIM Bangalore, T-Hub and FITT at IIT Delhi.<br /><br />Since its inception, the Kotak BizLabs Accelerator Programme has received 4,500+ applications from startups across India, accelerated 125+ high-potential ventures, and awarded grants to 100+ startups, enabling founders to scale innovative and impact-driven solutions.<br /><br />“<i>The third edition takes high-calibre support to regions where entrepreneurs with promising ideas often lack access to structured ecosystem support. Our partnership with IIM Calcutta Innovation Park extends our reach across eastern and north-eastern India and connects Kotak BizLabs with a wider network of regional startup hubs. Our goal is to give every participating startup access to the mentorship, networks and funding support it needs to take its next step</i>,” said <b>Himanshu Nivsarkar, Head – CSR & ESG, Kotak Mahindra Bank Ltd.</b><br /><br />The latest edition will focus on sectors like Agritech, Climate tech, Fintech, Sustainability, Healthtech, Edtech, Clean energy, Waste management and Sustainable manufacturing and have a special focus on deep-tech. Across the five incubation hubs, participating startups will receive access to mentorship, industry connections and growth support, with the respective incubators managing cohort selection and acceleration.<br /><br />Ajay Jain, Chairman, IIM Calcutta Innovation Park Board, said, “
811IIMCIP has always prioritized impact first entrepreneurial endeavours and with that in mind, we are very pleased to partner with Kotak Mahindra Bank in enabling their CSR objectives. India has no dearth of aspiring entrepreneurs with solutions that can address our most pressing economic, environmental and social challenges – what they need is a strong ecosystem to support them. It is initiatives such as the Kotak BizLabs Accelerator Programme that play an important role in building the next generation of entrepreneurs, who in turn create livelihoods and take us closer to Viksit Bharat goals.”<br /><br />The Kotak BizLabs Accelerator Programme is a CSR initiative of Kotak Mahindra Bank Limited.<br /><br />Applications are now open to DPIIT-recognised startups. Eligible startups can apply through the 3 application page.<br /><br /><a href="https://iimcip.org/kotak-bizlabs/" rel="nofollow" target="_blank">https://iimcip.org/kotak-bizlabs/</a><br /><h4 style="text-align: left;">About Kotak Mahindra Bank Limited</h4>Established in 1985, Kotak Mahindra Group is one of India's leading diversified and integrated financial services conglomerates, providing a wide range of financial solutions across customer and geographic segments. The Group strives to deliver value for its key stakeholders – customers, company, colleagues, and the larger community – through an overarching focus on “Doing it Right by the Customer”. The Group offers products across banking and lending, capital markets, asset management, and protection, enabling it to serve its customers across every spectrum of their financial needs. As on 30th June 2026, the Group has a national footprint of 5,916 branches and ₹ 10.1 trillion Consolidated Balance Sheet. <br /><br />For more information, please visit the company’s website at <a href="https://www.kotak.in/">https://www.kotak.in/</a><br /><h4 style="text-align: left;">About IIM Calcutta Innovation Park</h4>The IIM Calcutta Innovation Park (IIMCIP) is a not-for-profit (Section 8) company established under the aegis of the Indian Institute of Management Calcutta to promote entrepreneurship and innovation in India. Recognised by the Department of Science & Technology, Government of India, IIMCIP’s mission is to nurture innovative, socially impactful entrepreneurs who can drive inclusive growth. <br /><br />Its core offerings span structured mentoring, capacity building, seed funding and access to markets and investors. To date, IIMCIP has supported over 2,000 startups and seed-funded 136 ventures, which have collectively raised more than ₹2,000 crore and built a cumulative portfolio valuation of nearly ₹8,000 crore.<br /><br />IIMCIP also works closely with government bodies, corporates and academia to strengthen India’s innovation ecosystem, foster high-impact collaborations and promote women’s entrepreneurship, with a special focus on underserved regions of the country.</div>
812<script type='text/javascript'>createSummaryAndThumb("summary4239328051030589740","https://www.indianweb2.com/2026/10/kotak-bizlabs-3rd-edition-expands.html");</script>
812 813<div style='clear: both;'></div> 814</div> 815<div class='post-footer'> 816<div class='post-footer-line post-footer-line-3'> 817<span class='post-location'> 818</span> 819</div> 820</div> 821</div> 822</div> 823<div class='post-outer'> 824<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 825<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0r5vvAdm3T2bjDs53A3NRCw7kbZT00-Cx33tDbTEd1UJCWlMzgm8kzAQWQA9kM3TZcThIP3bdvxYngMM-B_VM0W2O1c4fO6dNAxaAhYJ45zHLqhI0RugbpstnV3n_ltr2hudEqvAs-wyElUKU2LTy-rrwzzgBfv7pPocT4zXWIG3_c9pWt7b87HDpc8o/s1600/68545.jpg' itemprop='image_url'/> 826<meta content='3676472976850630093' itemprop='blogId'/> 827<meta content='8802558491967883958' itemprop='postId'/> 828<a name='8802558491967883958'></a> 829<span class='post-labelsx'> 830<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 831<a href='https://www.indianweb2.com/search/label/Medtech' rel='tag'>Medtech</a> 832<a href='https://www.indianweb2.com/search/label/Pharmaceuticals' rel='tag'>Pharmaceuticals</a> 833<a href='https://www.indianweb2.com/search/label/PRIP%20Scheme' rel='tag'>PRIP Scheme</a> 834<a href='https://www.indianweb2.com/search/label/SMEs%2FMSMEs' rel='tag'>SMEs/MSMEs</a> 835<a href='https://www.indianweb2.com/search/label/Startup%20Fund' rel='tag'>Startup Fund</a> 836<a href='https://www.indianweb2.com/search/label/Startups' rel='tag'>Startups</a> 837<a href='https://www.indianweb2.com/search/label/Technology' rel='tag'>Technology</a> 838</span> 839<h1 class='post-title entry-title' itemprop='name'> 840<a href='https://www.indianweb2.com/2026/10/govt-launches-50-cr-support-track-for.html'>Govt Launches ₹50 Cr Support Track for Pharma & MedTech Startups</a> 841</h1> 842<div class='sdate'> 843<div class='hauth'> 844<span class='post-author vcard'> 845<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 846<meta content='https://www.blogger.com/profile/05826583644091787992' itemprop='url'/> 847<a class='g-profile' href='https://www.blogger.com/profile/05826583644091787992' rel='author' title='author profile'> 848<span itemprop='name'>IndianWeb2</span> 849</a> 850</span> 851</span> 852</div> 853<span class='post-timestamp'> 854<a class='timestamp-link' href='https://www.indianweb2.com/2026/10/govt-launches-50-cr-support-track-for.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-10-01T12:12:00+05:30'>Thursday, October 01, 2026</abbr></a> 855</span> 856<span class='post-comment-link spk-title-comment'> 857<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/8802558491967883958' onclick=''> 858No comments 859</a> 860<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/8802558491967883958' onclick=''>0</a> 861</span> 862</div> 863<div class='post-header'> 864<div class='post-header-line-1'> 865</div> 866</div> 867<div class='post-body entry-content' id='post-body-8802558491967883958' itemprop='articleBody'> 868<div id='summary8802558491967883958'><img alt="Govt Launches ₹50 Cr Support Track for Pharma & MedTech Startups" border="0" data-original-height="1920" data-original-width="1920" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0r5vvAdm3T2bjDs53A3NRCw7kbZT00-Cx33tDbTEd1UJCWlMzgm8kzAQWQA9kM3TZcThIP3bdvxYngMM-B_VM0W2O1c4fO6dNAxaAhYJ45zHLqhI0RugbpstnV3n_ltr2hudEqvAs-wyElUKU2LTy-rrwzzgBfv7pPocT4zXWIG3_c9pWt7b87HDpc8o/s1600-rw/68545.jpg" title="Govt Launches ₹50 Cr Support Track for Pharma & MedTech Startups" /><br /><br />The Ministry of Chemicals and Fertilizers, Department of Pharmaceuticals, has announced a <strong><span style="color: #444444;">New Discovery Track</span></strong> under the <strong><span style="color: #444444;">Promotion of Research and Innovation in Pharma & MedTech (PRIP) Scheme</span></strong>, aimed at empowering startups and MSMEs to venture into high-risk drug discovery and development.<br /><br />The newly introduced track aims to bridge the crucial funding gap in early‑stage drug discovery. It offers financial support of up to ₹50 crore for each company, project, or portfolio, provided applicants secure at least 25% co‑funding from recognized institutional investors.<br /><br />This funding will serve as high‑risk capital for startups and MSMEs, encouraging early participation from institutional investors in drug development. By doing so, it will accelerate the advancement of indigenous New Chemical Entities (NCEs) and New Biological Entities (NBEs) from discovery to clinical stages, strengthening India’s pipeline of globally competitive drug innovations.<div><h3>Key Highlights of the Announcement</h3><ul><li><strong>Financial Assistance:</strong> Up to ₹50 crore per company/project/portfolio, with mandatory 25% co-funding from institutional investors.</li><li><strong>Eligibility:</strong> Startups and MSMEs working on <em>New Chemical Entities (NCEs)</em> or <em>New Biological Entities (NBEs)</em> at <em>Technology Readiness Levels (TRL) 1–3</em>.</li><li><strong>Scope:</strong> Projects supported up to TRL 6, enabling progression from discovery to clinical development.</li><li><strong>Total Outlay:</strong> ₹5,000 crore to strengthen India’s pharmaceutical and MedTech R&D ecosystem.</li></ul><blockquote><i>Financial assistance of upto ₹50 crore per company/project/portfolio of projects will be provided, subject to a minimum co-funding of 25% of the project cost(s) from bona fide institutional investors</i>.</blockquote><h3>Priority Areas for Second Call Applications</h3><ol><li><strong>New Medicines</strong> – NCEs, NBEs, phytopharmaceutical drugs</li><li><strong>Complex Generics</strong> and biosimilars</li><li><strong>Novel Medical Devices</strong></li></ol><h3>
868Other Funding Tracks</h3><ul><li><strong>Early Stage Track:</strong> For TRL 1–3 projects; up to ₹5 crore per project; no co-funding required for projects ≤ ₹1 crore.</li><li><strong>Later Stage Track:</strong> For TRL 4–6 projects; up to ₹100 crore per project; maximum 35% of project cost covered, rest co-funded by applicant.</li></ul><h3>Progress So Far</h3>In the <span style="color: #444444;"><strong>first call</strong>, <strong>41 projects</strong></span> have already been approved with <strong><span style="color: #444444;">₹1,600 crore</span></strong> in financial assistance. Evaluation of remaining applications is ongoing, with results expected soon.<br /><h3>Application Process</h3><ul><li><strong>Two-step process</strong> for early-stage applicants:<ol><li>Submit a <em>concept note</em></li><li>Shortlisted applicants submit a <em>detailed application</em></li></ol></li><li>Later-stage applicants continue with the detailed application form.</li><li>Guidance documents, FAQs, and toolkits are available on the <strong><a href="https://prip.pharma-dept.gov.in/" target="_blank">PRIP Portal</a></strong>.</li></ul>This initiative is a significant step toward building a <strong>globally competitive drug innovation pipeline</strong> in India, catalyzing institutional investment and supporting indigenous innovation in pharma and MedTech.</div></div>
869<script type='text/javascript'>createSummaryAndThumb("summary8802558491967883958","https://www.indianweb2.com/2026/10/govt-launches-50-cr-support-track-for.html");</script>
869 870<div style='clear: both;'></div> 871</div> 872<div class='post-footer'> 873<div class='post-footer-line post-footer-line-3'> 874<span class='post-location'> 875</span> 876</div> 877</div> 878</div> 879</div> 880<div class='post-outer'> 881<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 882<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibHNOhBOsh05OZDgp-nhjcRlvY2h8XeaVKng1hrzQZJcMaqcZf4__GCr3hgSuuIpidJtuNKjjoYwh5qpT4mkt7A2H77twpDvJsd4tvi5mQ6vCq1qbk_9gan189ekKvHG3kT7CtDW9k_ylQSl7vDMiBjHqnp5hRxp4q8Z_wz4sgwYKTxEno3VHlElX0Ge0/s1600/68502.png' itemprop='image_url'/> 883<meta content='3676472976850630093' itemprop='blogId'/> 884<meta content='6339377660118523186' itemprop='postId'/> 885<a name='6339377660118523186'></a> 886<span class='post-labelsx'> 887<a href='https://www.indianweb2.com/search/label/Adani%20Group' rel='tag'>Adani Group</a> 888<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 889<a href='https://www.indianweb2.com/search/label/DRHP' rel='tag'>DRHP</a> 890<a href='https://www.indianweb2.com/search/label/IPO' rel='tag'>IPO</a> 891<a href='https://www.indianweb2.com/search/label/Manufacturing' rel='tag'>Manufacturing</a> 892<a href='https://www.indianweb2.com/search/label/Solar%20Manufacturing' rel='tag'>Solar Manufacturing</a> 893</span> 894<h1 class='post-title entry-title' itemprop='name'> 895<a href='https://www.indianweb2.com/2026/10/adani-group-affiliate-plans-1250-cr-ipo.html'>Adani Group Affiliate Plans ₹1,250 Cr IPO to Boost Solar Manufacturing</a> 896</h1> 897<div class='sdate'> 898<div class='hauth'> 899<span class='post-author vcard'> 900<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 901<meta content='https://www.blogger.com/profile/05826583644091787992' itemprop='url'/> 902<a class='g-profile' href='https://www.blogger.com/profile/05826583644091787992' rel='author' title='author profile'> 903<span itemprop='name'>IndianWeb2</span> 904</a> 905</span> 906</span> 907</div> 908<span class='post-timestamp'> 909<a class='timestamp-link' href='https://www.indianweb2.com/2026/10/adani-group-affiliate-plans-1250-cr-ipo.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-10-01T11:08:00+05:30'>Thursday, October 01, 2026</abbr></a> 910</span> 911<span class='post-comment-link spk-title-comment'> 912<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/6339377660118523186' onclick=''> 913No comments 914</a> 915<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/6339377660118523186' onclick=''>0</a> 916</span> 917</div> 918<div class='post-header'> 919<div class='post-header-line-1'> 920</div> 921</div> 922<div class='post-body entry-content' id='post-body-6339377660118523186' itemprop='articleBody'> 923<div id='summary6339377660118523186'><img alt="Adani Group Affiliate Plans ₹1,250 Cr IPO to Boost Solar Manufacturing" border="0" data-original-height="850" data-original-width="1280" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibHNOhBOsh05OZDgp-nhjcRlvY2h8XeaVKng1hrzQZJcMaqcZf4__GCr3hgSuuIpidJtuNKjjoYwh5qpT4mkt7A2H77twpDvJsd4tvi5mQ6vCq1qbk_9gan189ekKvHG3kT7CtDW9k_ylQSl7vDMiBjHqnp5hRxp4q8Z_wz4sgwYKTxEno3VHlElX0Ge0/s1600-rw/68502.png" title="Adani Group Affiliate Plans ₹1,250 Cr IPO to Boost Solar Manufacturing" /><br /><br />Adani Group-backed Vishakha Renewables has filed draft IPO papers with SEBI to raise ₹1,250 crore via a fresh issue, alongside an offer-for-sale of 1.81 crore shares. The proceeds will primarily be used to repay ₹900 crore of its ₹2,700 crore debt, strengthening its balance sheet and funding solar glass capacity expansion.<br /><br />Vishakha Renewables has <a href="https://money.rediff.com/news/market/vishakha-renewables-adani-group-files-rs-1-250-cr-ipo-papers/55339920260930">officially filed</a> its Draft Red Herring Prospectus (DRHP) with SEBI on September 30, 2026, confirming plans to raise ₹1,250 crore via a fresh issue, alongside an offer-for-sale of 1.82 crore shares. This filing is the authoritative announcement from the company.<br /><br />Founded in 2015, Vishakha Renewables is an Adani Group‑backed solar manufacturing company that produces critical components for photovoltaic systems, including solar glass, aluminium frames, encapsulants (EVA/EPE), and backsheets. It is headquartered in Gujarat and operates large integrated facilities in Mundra, making it one of India’s leading players in the solar value chain. The company has India’s largest operational solar glass furnace, scaling from 660 TPD to 1,920 TPD (12.8 GW equivalent capacity). <div><h2><b>Adani Group-backed Vishakha Renewables IPO</b></h2><h3><b>IPO Structure</b></h3><ul><li><b>Fresh Issue:</b> ₹1,250 crore</li><li><b>Offer-for-Sale (OFS):</b> 1.81 crore shares by promoters and existing shareholders</li><li><b>Pre-IPO Placement:</b> Up to ₹250 crore possible; fresh issue size will be reduced if exercised</li><li><b>Promoter Holding:</b> 75.61% (Adani Properties 39.14%, Jigish Nagindas Doshi 30.92%, others include Gautam, Rajesh, Vinod Adani, and S B Adani Family Trust)</li></ul><h3><b>Business & Operations</b></h3><ul><li><b>Core Products:</b> Solar glass, aluminium frames, encapsulants (EVA, EPE), and back sheets for solar panels</li><li><b>Facilities:</b> 4 manufacturing plants in Mundra, Gujarat</li><li><b>Current Capacity:</b> 660 tonnes per day (TPD) solar glass</li><li><b>Expansion:</b> Additional 1,260 TPD nearing commissioning, making it one of India’s largest solar glass producers</li></ul><h3><b>Financials</b></h3><ul><li><b>Revenue (FY26):</b> ₹1,893.4 crore (up 24.8% YoY)</li><li><b>Profit (FY26):</b> ₹173.4 crore (vs ₹56.5 crore in FY25)</li><li><b>Debt:</b> ₹2,700.5 crore (as of June 2026)</li><li><b>Use of IPO Proceeds:</b> ₹900 crore for debt repayment; balance for general corporate purposes; OFS proceeds go to selling shareholders</li></ul><h3><b>Strategic Significance</b></h3><ul><li><b>Adani Ecosystem:</b> Deep integration with Adani’s renewable energy push; Adani Properties is the largest shareholder</li><li><b>Demand Visibility:</b> Long-term offtake agreements with Mundra Solar PV Ltd and Mundra Solar Energy Ltd (15–17 years) ensure steady demand</li><li><b>Sector Context:</b> India’s solar manufacturing sector is expanding under government incentives, but faces risks from import
923competition and policy changes</li></ul><h3><b>Risks & Considerations</b></h3><ul><li><b>High Debt Load:</b> Even after repayment, significant borrowings remain</li><li><b>Execution Risk:</b> Timely commissioning of new capacity is critical</li><li><b>Competitive Pressure:</b> Global imports could impact margins</li><li><b>Regulatory Dependence:</b> Policy shifts in solar energy could affect demand</li></ul><h3><b>Quick Comparison: IPO Highlights</b></h3><div style="overflow-x: auto;"><table border="1" cellpadding="6" cellspacing="0"><tbody><tr><th><b>Aspect</b></th><th><b>Details</b></th></tr><tr><td><b>Fresh Issue</b></td><td>₹1,250 crore</td></tr><tr><td><b>Offer-for-Sale</b></td><td>1.81 crore shares</td></tr><tr><td><b>Pre-IPO Placement</b></td><td>Up to ₹250 crore</td></tr><tr><td><b>Debt Repayment</b></td><td>₹900 crore planned</td></tr><tr><td><b>FY26 Profit</b></td><td>₹173.4 crore</td></tr><tr><td><b>Capacity Expansion</b></td><td>660 TPD → 1,920 TPD solar glass</td></tr></tbody></table></div><br /></div></div>
924<script type='text/javascript'>createSummaryAndThumb("summary6339377660118523186","https://www.indianweb2.com/2026/10/adani-group-affiliate-plans-1250-cr-ipo.html");</script>
924 925<div style='clear: both;'></div> 926</div> 927<div class='post-footer'> 928<div class='post-footer-line post-footer-line-3'> 929<span class='post-location'> 930</span> 931</div> 932</div> 933</div> 934</div> 935<div class='post-outer'> 936<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 937<meta content='3676472976850630093' itemprop='blogId'/> 938<meta content='9015312615976498481' itemprop='postId'/> 939<a name='9015312615976498481'></a> 940<span class='post-labelsx'> 941<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 942<a href='https://www.indianweb2.com/search/label/Capital%20India%20Finance' rel='tag'>Capital India Finance</a> 943<a href='https://www.indianweb2.com/search/label/Fundraise' rel='tag'>Fundraise</a> 944<a href='https://www.indianweb2.com/search/label/NBFC' rel='tag'>NBFC</a> 945<a href='https://www.indianweb2.com/search/label/NCD' rel='tag'>NCD</a> 946<a href='https://www.indianweb2.com/search/label/Retail' rel='tag'>Retail</a> 947</span> 948<h1 class='post-title entry-title' itemprop='name'> 949<a href='https://www.indianweb2.com/2026/09/capital-india-finance-raises-100-crore.html'>Capital India Finance Raises ₹100 Crore via NCD Issue to Boost MSME and Retail Lending Growth</a> 950</h1> 951<div class='sdate'> 952<div class='hauth'> 953<span class='post-author vcard'> 954<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 955<meta content='https://www.blogger.com/profile/03014927700600670133' itemprop='url'/> 956<a class='g-profile' href='https://www.blogger.com/profile/03014927700600670133' rel='author' title='author profile'> 957<span itemprop='name'>IndianWeb2 Desk</span> 958</a> 959</span> 960</span> 961</div> 962<span class='post-timestamp'> 963<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/capital-india-finance-raises-100-crore.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-29T19:44:00+05:30'>Tuesday, September 29, 2026</abbr></a> 964</span> 965<span class='post-comment-link spk-title-comment'> 966<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/9015312615976498481' onclick=''> 967No comments 968</a> 969<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/9015312615976498481' onclick=''>0</a> 970</span> 971</div> 972<div class='post-header'> 973<div class='post-header-line-1'> 974</div> 975</div> 976<div class='post-body entry-content' id='post-body-9015312615976498481' itemprop='articleBody'> 977<div id='summary9015312615976498481'>Capital India Finance Limited (“CIFL”), a listed, non-deposit-taking NBFC, today announced that it has successfully raised ₹100 crore through the private placement of listed, rated, senior, secured, transferable and redeemable non-convertible debentures (NCDs).<br /><br />The issuance comprised a base issue of ₹50 crore and a green shoe option of ₹50 crore. The NCDs have a tenure of 27 months and carry a fixed coupon of 10% per annum, payable quarterly. The NCDs will be listed on BSE Limited.<br /><br />The fundraise strengthens CIFL’s funding base and provides additional resources to support the planned growth of its lending business. It also advances the C
977ompany’s strategy of diversifying its sources of borrowing as it scales its secured MSME and retail lending franchise.<br /><br /><b>Pinank Shah, CEO, Capital India Finance Limited, </b>said: “<i>The successful completion of this NCD issuance is an important step in diversifying our funding base and building the capacity required for the next phase of growth. With an expanding distribution network, disciplined underwriting and strong capital adequacy, we are well positioned to deepen our presence across underserved MSME markets. We will continue to balance growth with asset quality, liquidity and sustainable returns</i>.”<br /><br />CIFL has expanded its distribution network to 46 branches across nine states, compared with 29 branches at the end of FY 2025. The Company focuses on secured MSME and retail lending, combining local market presence with technology-enabled processes and underwriting capabilities.<br /><br />In FY 2026, CIFL’s assets under management increased 22% year-on-year to ₹
9771,227.37 crore, while disbursements rose 62% to ₹753.54 crore. During FY26, CIFL reported total income of ₹ 229.67 crores.<br /><br />The growth momentum continued in Q1 FY 2027, with standalone total income increasing 32% year-on-year to ₹69.53 crore. Disbursements grew 36% and assets under management increased 20% year-on-year. The capital adequacy ratio stood at 43.58% as of June 30, 2026.<br /><h4 style="text-align: left;">About Capital India Finance Limited</h4>Capital India Finance Limited is a listed, Middle Layer, non-deposit-taking NBFC focused on providing secured MSME and retail lending solutions. The Company offers customised credit solutions to micro, small and medium enterprises, professionals and retail customers through a phygital model supported by local market expertise and disciplined underwriting.<br /><br />With 46 branches across nine states, CIFL serves the financing needs of customers across India’s MSME and retail markets.<br /><br />For more information, please visit: www.capitalindia.com </div>
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978 979<div style='clear: both;'></div> 980</div> 981<div class='post-footer'> 982<div class='post-footer-line post-footer-line-3'> 983<span class='post-location'> 984</span> 985</div> 986</div> 987</div> 988</div> 989<div class='post-outer'> 990<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 991<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjk_fHYzfbO_BkuFyhxWxBQdOvacADKm66bi1qxp48IM3wwFkHyRxiWJqt9ki4DD8QHSXEJVaexlK5897SNScWT3MyktNFwT1ZSXePYEWJtK4rnr_QWPu2f0M5n4DQcjjjPfF9hmwPTtB2-9esKdo01npC59L36N3OaC3JwxVe7nFPwGKx3BgZIQvCzxOU/s1600/67945.jpg' itemprop='image_url'/> 992<meta content='3676472976850630093' itemprop='blogId'/> 993<meta content='7076100176854077035' itemprop='postId'/> 994<a name='7076100176854077035'></a> 995<span class='post-labelsx'> 996<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 997<a href='https://www.indianweb2.com/search/label/Deloitte' rel='tag'>Deloitte</a> 998<a href='https://www.indianweb2.com/search/label/home%20services' rel='tag'>home services</a> 999<a href='https://www.indianweb2.com/search/label/Market%20Report%20%26%20Surveys' rel='tag'>Market Report & Surveys</a> 1000</span> 1001<h1 class='post-title entry-title' itemprop='name'> 1002<a href='https://www.indianweb2.com/2026/09/indias-home-market-set-to-hit-260b-by.html'>India’s Home Market Set to Hit $260B by 2030, Deloitte Finds</a> 1003</h1> 1004<div class='sdate'> 1005<div class='hauth'> 1006<span class='post-author vcard'> 1007<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 1008<meta content='https://www.blogger.com/profile/03014927700600670133' itemprop='url'/> 1009<a class='g-profile' href='https://www.blogger.com/profile/03014927700600670133' rel='author' title='author profile'> 1010<span itemprop='name'>IndianWeb2 Desk</span> 1011</a> 1012</span> 1013</span> 1014</div> 1015<span class='post-timestamp'> 1016<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/indias-home-market-set-to-hit-260b-by.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-29T14:04:00+05:30'>Tuesday, September 29, 2026</abbr></a> 1017</span> 1018<span class='post-comment-link spk-title-comment'> 1019<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/7076100176854077035' onclick=''> 1020No comments 1021</a> 1022<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/7076100176854077035' onclick=''>0</a> 1023</span> 1024</div> 1025<div class='post-header'> 1026<div class='post-header-line-1'> 1027</div> 1028</div> 1029<div class='post-body entry-content' id='post-body-7076100176854077035' itemprop='articleBody'> 1030<div id='summary7076100176854077035'><img alt="India’s Home Market Set to Hit $260B by 2030, Deloitte Finds" border="0" data-original-height="1802" data-original-width="1920" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjk_fHYzfbO_BkuFyhxWxBQdOvacADKm66bi1qxp48IM3wwFkHyRxiWJqt9ki4DD8QHSXEJVaexlK5897SNScWT3MyktNFwT1ZSXePYEWJtK4rnr_QWPu2f0M5n4DQcjjjPfF9hmwPTtB2-9esKdo01npC59L36N3OaC3JwxVe7nFPwGKx3BgZIQvCzxOU/s1600-rw/67945.jpg" title="India’s Home Market Set to Hit $260B by 2030, Deloitte Finds" /><ul style="text-align: left;"><li>The average age of first-time homebuyers has shifted from the early 40s to the early 30s</li><li>About 57 percent of consumers aged 18–28 seek inspiration from creators and influencers, compared with 27 percent among those aged 45–60. </li><li>Tier-2 households spent an average of INR3.9 lakh per home on interiors in 2025, equivalent to nearly 74 percent of Tier-1 spending levels</li></ul>India’s home and household market is expected to grow 1.6 times over the next five years, according to a new Deloitte India report titled <b>“The home reset: How India is redefining the way homes are designed, upgraded and experienced,”</b> launched at the MAPIC India 2026 event. The report highlights that premiumisation, more frequent home upgrades and rising aspirations across metropolitan and non-metropolitan India are expected to drive this growth, with the opportunity also extending beyond metropolitan markets. Notably, Tier-2 households spent an average of INR3.9 lakh per home on interiors in 2025, nearly 74 percent of Tier-1 levels, while rising aspirations, residential development and demand for modular and design-led living are helping smaller-city interiors markets grow almost twice as fast as Tier-1 markets.<br /><br />This growth is also being shaped by how consumers discover home products. Nearly 80 percent of home shoppers now discover products through social media, while 57 percent of consumers aged 18–28 seek inspiration from creators and influencers. AI and emerging technologies are further reshaping discovery, design and purchase, giving consumers greater access to information and choice. At the same time, price influences only one in four home-related purchase decisions, highlighting the growing importance of quality, sustainability and the overall purchase experience.<div><br /><b>Anand Ramanathan, Partner and Consumer Industry Leader, Deloitte South Asia,</b> said, “<i>India’s home and household market is entering a new phase of growth, with the sector expected to expand 1.6 times by 2030. What is changing alongside this growth is the way consumers engage with the category across discovery, inspiration, evaluation and purchase. The increasing influence of digital channels, creators and emerging technologies is giving consumers greater access to information and choice, while raising expectations around quality, sustainability and experience.<br />For businesses, this creates an opportunity to move beyond individual products and build more connected propositions across the home ecosystem. The ability to combine technology, quality and service, while responding to evolving consumer expectations across the homeowner journey, will be critical to capturing the next phase of growth</i>.”</div><div><br />Durables and appliances represent the largest opportunity, with the category expected to grow from US$66 billion in 2025 to US$95 billion by 2030. Furniture and furnishings are projected to increase from US$39 billion to US$67 billion, while kitchen and bath solutions are expected to grow from US$18 billion to US$28 billion. Interior services are projected to double from US$4 billion to US$8 billion over the same period, at an 18 percent CAGR.<h4 style="text-align: left;">The report highlights the following six shifts shaping India’s home and household sector:</h4><ul><li><b>A younger, digitally informed homeowner:</b> The average age of first-time homebuyers has moved from the early 40s to the early 30s. Nearly 35 percent of consumers aged 18–28 associate home improvement with self-expression, compared with 26 percent among those aged 45–60.</li><li><b>The home as a lifestyle space:</b> The adoption of comfort-category products increased by approximately 140 percent in 2025. Consumers now allocate 10–15 percent of a home’s value to interiors, with wellness, design, security and smart-home features gaining importance.</li><li><b>AI and technology shaping home purchases:</b> AI, AR and digital planning tools are enabling more personalised purchase experiences. Retailers using AR with modular configurators have reported a
1030pproximately 10 percent higher revenue and 25 percent lower returns.</li><li><b>An omnichannel purchase journey:</b> Nearly 80 percent of shoppers discover products through social media, while 60 percent use e-commerce applications in stores to research products, compare prices and access offers.</li><li><b>Greater influence of creators:</b> About 57 percent of consumers aged 18–28 seek inspiration from creators and influencers, compared with 27 percent among those aged 45–60.</li><li><b>Value gaining importance over price:</b> Price influences only one in four home-related purchase decisions, as consumers place greater emphasis on quality, sustainability and the overall purchase experience. About 95 percent of consumers engage with the home ecosystem across more than four categories on average.</li></ul>The report concludes that the next phase of the home economy will favour companies that expand beyond core products, embed intelligence across the customer journey, connect physical and digital channels, and remain engaged with homeowners beyond the initial purchase. As categories converge, businesses will increasingly compete on their ability to deliver a more connected, personalised and complete living experience.<h4 style="text-align: left;">About Deloitte</h4>This press release has been issued by Deloitte Touche Tohmatsu India LLP<br />Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (DTTL), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.</div></div>
1031<script type='text/javascript'>createSummaryAndThumb("summary7076100176854077035","https://www.indianweb2.com/2026/09/indias-home-market-set-to-hit-260b-by.html");</script>
1031 1032<div style='clear: both;'></div> 1033</div> 1034<div class='post-footer'> 1035<div class='post-footer-line post-footer-line-3'> 1036<span class='post-location'> 1037</span> 1038</div> 1039</div> 1040</div> 1041</div> 1042<div class='post-outer'> 1043<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 1044<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpEno2neskTgfxEjOmaXC7AJgHqvZMjBMGkKi3yTonhQxuApbpyL8qTf1lBivQSd0dJco-XdnIVtLBRZ12PGElaJU6sXGN6c2Njg-1WnM1tJWp5B7R7qUpDbyfNz17dulMSo9Fqw4MDqOgmN1ddqV2IREutsXCW-dUW5wUklOrmItgikQErMzG3zSLT-k/s1600/67901.jpg' itemprop='image_url'/> 1045<meta content='3676472976850630093' itemprop='blogId'/> 1046<meta content='4730512096429948511' itemprop='postId'/> 1047<a name='4730512096429948511'></a> 1048<span class='post-labelsx'> 1049<a href='https://www.indianweb2.com/search/label/Arma%20Capital' rel='tag'>Arma Capital</a> 1050<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 1051<a href='https://www.indianweb2.com/search/label/EBG%20Group' rel='tag'>EBG Group</a> 1052<a href='https://www.indianweb2.com/search/label/Food%20%26%20Beverages' rel='tag'>Food & Beverages</a> 1053<a href='https://www.indianweb2.com/search/label/Fundraise' rel='tag'>Fundraise</a> 1054</span> 1055<h1 class='post-title entry-title' itemprop='name'> 1056<a href='https://www.indianweb2.com/2026/09/arma-capital-invests-10-crore-across.html'>Arma Capital Invests ₹10 Crore Across EBG Group’s Wellness, Food and Family Businesses</a> 1057</h1> 1058<div class='sdate'> 1059<div class='hauth'> 1060<span class='post-author vcard'> 1061<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 1062<meta content='https://www.blogger.com/profile/03014927700600670133' itemprop='url'/> 1063<a class='g-profile' href='https://www.blogger.com/profile/03014927700600670133' rel='author' title='author profile'> 1064<span itemprop='name'>IndianWeb2 Desk</span> 1065</a> 1066</span> 1067</span> 1068</div> 1069<span class='post-timestamp'> 1070<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/arma-capital-invests-10-crore-across.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-29T11:41:00+05:30'>Tuesday, September 29, 2026</abbr></a> 1071</span> 1072<span class='post-comment-link spk-title-comment'> 1073<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/4730512096429948511' onclick=''> 1074No comments 1075</a> 1076<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/4730512096429948511' onclick=''>0</a> 1077</span> 1078</div> 1079<div class='post-header'> 1080<div class='post-header-line-1'> 1081</div> 1082</div> 1083<div class='post-body entry-content' id='post-body-4730512096429948511' itemprop='articleBody'> 1084<div id='summary4730512096429948511'><h4 style="text-align: left;">The firm invests in three Carlton Wellness Centres and enters franchise partnerships with NATUF Café, Adhira & Appa Café and Chhota Bheem Family Café as part of a growing multi-brand relationship.</h4>Maharashtra-based Arma Capital has invested ₹10 crore across EBG Group’s wellness, food and family businesses, marking its entry into multiple consumer-facing brands under the Hyderabad-headquartered business group. The investment includes Carlton Wellness Centres in Mumbai, Bengaluru and Chandigarh, along with franchise partnerships for NATUF Café, Adhira & Appa Café and Chhota Bheem Family Café in Hyderabad.<br /><br />Before its association with EBG Group, Arma Capital’s investment portfolio spanned consumer brands, hospitality and lifestyle-led experiences. Its investment in EBG Group builds on this focus on consumer-facing businesses with potential to expand across markets, while adding wellness, food and family experiences to its portfolio.<br /><br />The current ₹10 crore investment marks the first phase of Arma Capital’s partnership with EBG Group. As part of its larger commitment, they will invest over ₹100 crore over the next five years across Carlton Wellness Center, Tarzan Nature Retreat, Adhira and Appa Coffee, Natuf Cafe, Chhota Bheem Café and all upcoming brands under EBG Group. The investment will support the expansion of the mentioned brands across major cities including Chandigarh, Mumbai, Bangalore, Hyderabad and Delhi NCR.<div><br /></div><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpEno2neskTgfxEjOmaXC7AJgHqvZMjBMGkKi3yTonhQxuApbpyL8qTf1lBivQSd0dJco-XdnIVtLBRZ12PGElaJU6sXGN6c2Njg-1WnM1tJWp5B7R7qUpDbyfNz17dulMSo9Fqw4MDqOgmN1ddqV2IREutsXCW-dUW5wUklOrmItgikQErMzG3zSLT-k/s1280/67901.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Arma Capital Invests ₹10 Crore Across EBG Group’s Wellness, Food and Family Businesses" border="0" data-original-height="1280" data-original-width="1024" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpEno2neskTgfxEjOmaXC7AJgHqvZMjBMGkKi3yTonhQxuApbpyL8qTf1lBivQSd0dJco-XdnIVtLBRZ12PGElaJU6sXGN6c2Njg-1WnM1tJWp5B7R7qUpDbyfNz17dulMSo9Fqw4MDqOgmN1ddqV2IREutsXCW-dUW5wUklOrmItgikQErMzG3zSLT-k/s1600-rw/67901.jpg" title="Arun Jain, Founder and Managing Director, Arma Capital" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;">Arun Jain, Founder and Managing Director, Arma Capital</td></tr></tbody></table><br /><div><b>Arun Jain, Founder and Managing Director, Arma Capital,</b> said: “<i>We were looking for businesses that solve everyday consumer needs and have the potential to grow across cities. EBG Group brought together wellness, food and family experience brands under one ecosystem, and that made this partnership a natural fit. We believe these brands have the opportunity to reach many more people while creating long-term value.</i>”<br /><br />Commenting on the investment, <b>Dr. Irfan Khan, Founder and Chairman, EBG Group, </b>said: “<i>Arma Capital’s decision to invest across multiple EBG brands is a testimony to the businesses we have built and the trust they have placed in our long-term vision. Their partnership across wellness, food and family experiences reinforces our belief that c
1084onsumer-focused brands with strong fundamentals can grow across India. We are excited to build this journey together</i>.”</div><div><br /></div><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDFCTPj-AdHJP7CPg08SczAQRXySgnbdmOXC75FyTkoa-qM1vQBUqR0anjcgK9VHesXTgXDUqw_eerWMIOerNlo_vgLHGe8WBrSFOttUUiAvxy0E_FpMFmRU4wstpc-u1NbvzSaAIXi78oLsJELfKssqipfSy434rkG0A2AOOM9fgK8FgUQIksO6SI8ko/s1600/67902.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Arma Capital Invests ₹10 Crore Across EBG Group’s Wellness, Food and Family Businesses" border="0" data-original-height="1600" data-original-width="1600" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDFCTPj-AdHJP7CPg08SczAQRXySgnbdmOXC75FyTkoa-qM1vQBUqR0anjcgK9VHesXTgXDUqw_eerWMIOerNlo_vgLHGe8WBrSFOttUUiAvxy0E_FpMFmRU4wstpc-u1NbvzSaAIXi78oLsJELfKssqipfSy434rkG0A2AOOM9fgK8FgUQIksO6SI8ko/s1600-rw/67902.jpg" title="Dr. Irfan Khan, Founder and Chairman, EBG Group" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;">Dr. Irfan Khan, Founder and Chairman, EBG Group</td></tr></tbody></table><br /><div>The partnership brings together Arma Capital’s investment and expansion plans with EBG Group’s portfolio of consumer brands. For Arma Capital, it opens opportunities to grow its presence across multiple businesses. For EBG Group, it adds a long-term investment and franchise partner that will support the expansion of its brands into new cities. Together, the partnership creates a platform for future investments, new franchise locations and the launch of additional consumer-focused brands across India.<br /><h4 style="text-align: left;">About EBG Group:</h4>EBG Group is a diversified Indian enterprise with interests across mobility, health & wellness, realty, technology, lifestyle, food & beverages and social impact. Across its portfolio, the Group focuses on building and scaling consumer and business platforms through partnerships, operating systems, brand development and expansion. Its broader philosophy is centred on People, Planet and Progress.</div></div>
1085<script type='text/javascript'>createSummaryAndThumb("summary4730512096429948511","https://www.indianweb2.com/2026/09/arma-capital-invests-10-crore-across.html");</script>
1085 1086<div style='clear: both;'></div> 1087</div> 1088<div class='post-footer'> 1089<div class='post-footer-line post-footer-line-3'> 1090<span class='post-location'> 1091</span> 1092</div> 1093</div> 1094</div> 1095</div> 1096<div class='post-outer'> 1097<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 1098<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEis5XVFYRCzDN6h8ROeU0DpQyIa6fp0RpRZL5VRYhuucxT-bQvqylIvAcMuJa2U_V1NVpAlVEonyw9hZUOhMzr5EzraTIn7GZFgdRw2LKf8UWhIF2TCaKrAJZmh8V-LOgKA6xhtren8gbRA3Z0aeJB_9nSiiIdY__orsA2BvVThLvWCHJOAsvxHY4EfaqU/s1600/67888.jpg' itemprop='image_url'/> 1099<meta content='3676472976850630093' itemprop='blogId'/> 1100<meta content='3803835880369195354' itemprop='postId'/> 1101<a name='3803835880369195354'></a> 1102<span class='post-labelsx'> 1103<a href='https://www.indianweb2.com/search/label/Automotive' rel='tag'>Automotive</a> 1104<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 1105<a href='https://www.indianweb2.com/search/label/Delhi' rel='tag'>Delhi</a> 1106<a href='https://www.indianweb2.com/search/label/Electric%20Bus' rel='tag'>Electric Bus</a> 1107<a href='https://www.indianweb2.com/search/label/Electric%20Vehicles' rel='tag'>Electric Vehicles</a> 1108<a href='https://www.indianweb2.com/search/label/SWITCH%20Mobility' rel='tag'>SWITCH Mobility</a> 1109<a href='https://www.indianweb2.com/search/label/Urban%20Mobility%20electric%20mobility' rel='tag'>Urban Mobility electric mobility</a> 1110</span> 1111<h1 class='post-title entry-title' itemprop='name'> 1112<a href='https://www.indianweb2.com/2026/09/switch-mobility-secures-840-electric.html'>SWITCH Mobility Secures 840 Electric Bus Order for Delhi Under PM E‑Drive Phase I</a> 1113</h1> 1114<div class='sdate'> 1115<div class='hauth'> 1116<span class='post-author vcard'> 1117<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 1118<meta content='https://www.blogger.com/profile/03014927700600670133' itemprop='url'/> 1119<a class='g-profile' href='https://www.blogger.com/profile/03014927700600670133' rel='author' title='author profile'> 1120<span itemprop='name'>IndianWeb2 Desk</span> 1121</a> 1122</span> 1123</span> 1124</div> 1125<span class='post-timestamp'> 1126<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/switch-mobility-secures-840-electric.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-29T11:32:00+05:30'>Tuesday, September 29, 2026</abbr></a> 1127</span> 1128<span class='post-comment-link spk-title-comment'> 1129<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/3803835880369195354' onclick=''> 1130No comments 1131</a> 1132<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/3803835880369195354' onclick=''>0</a> 1133</span> 1134</div> 1135<div class='post-header'> 1136<div class='post-header-line-1'> 1137</div> 1138</div> 1139<div class='post-body entry-content' id='post-body-3803835880369195354' itemprop='articleBody'> 1140<div id='summary3803835880369195354'><img alt="SWITCH Mobility Secures 840 Electric Bus Order for Delhi Under PM E‑Drive Phase I" border="0" data-original-height="805" data-original-width="1430" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEis5XVFYRCzDN6h8ROeU0DpQyIa6fp0RpRZL5VRYhuucxT-bQvqylIvAcMuJa2U_V1NVpAlVEonyw9hZUOhMzr5EzraTIn7GZFgdRw2LKf8UWhIF2TCaKrAJZmh8V-LOgKA6xhtren8gbRA3Z0aeJB_9nSiiIdY__orsA2BvVThLvWCHJOAsvxHY4EfaqU/s1600-rw/67888.jpg" title="SWITCH Mobility Secures 840 Electric Bus Order for Delhi Under PM E‑Drive Phase I" /><ul style="text-align: left;"><li>The order comprises 420 Nos. 9-metre and 420 Nos. 12-metre AC Electric Buses for deployment with Delhi Transport Corporation (DTC) and Transport Department, Delhi</li><li>The buses will support sustainable and efficient passenger transportation across Delhi</li><li>The agreement has been signed between SWITCH Mobility and Antony Road Transport Solutions</li></ul>SWITCH Mobility Ltd, a global leader in Electric Buses and Light commercial vehicles and part of the Hinduja Group, has secured an order for 840 Electric Buses from Antony Road Transport Solutions under Government of India’s PM E-Drive scheme Phase I tender.<br /><br />Under the order, Switch Mobility will supply 9-metre and 12-metre AC Electric Buses under the CESL PM E-Drive scheme Phase I tender, where Antony Road Transport Solutions has been selected as the operator for Delhi. The order
1140comprises 420 Nos. 9-metre and 420 Nos. 12-metre Electric Buses, which will be deployed with Delhi Transport Corporation (DTC) and Transport Department, Delhi for passenger transportation in Delhi.<br /><br />The order further strengthens SWITCH Mobility’s presence in the public transportation segment and reinforces its commitment to supporting the transition towards cleaner, more sustainable urban mobility. With the deployment of electric buses across Delhi’s public transport network, the partnership aims to enable efficient passenger movement while contributing to the city’s broader sustainable mobility goals.<br /><br />The agreements for the deployment have been formalized between SWITCH Mobility and Antony Road Transport Solutions, marking an important step towards the electrification of public transportation in the national capital.<br /><br />On the order, Mr. Ganesh Mani, CEO, SWITCH Mobility said, “We are pleased to partner with Antony Road Transport Solutions for deployment of 840 Electric Buses across Delhi by Delhi Transport Corporation & Transport Department, Delhi. This order is a strong testament to the growing confidence in electric mobility solutions for large-scale public transportation. With a mix of 9-metre and 12-metre electric buses, we are enabling operators to address diverse passenger mobility requirements while supporting the transition towards cleaner and more sustainable transportation. At SWITCH Mobility, we remain committed to working closely with our partners to deliver reliable, efficient and commercially viable electric mobility solutions that create long-term value for operators and communities.”<br /><br />Mr. Jimmy John, Director, Antony Road Transport Solutions, said, “Our long-term relationship with Ashok Leyland and the trust we have in the Hinduja Group have led us to place this order. We believe this partnership will go a long way towards supp
1140orting the NCR’s sustainable mobility journey.”<br /><h3 style="text-align: left;">Strengthening Electric Public Transportation in Delhi</h3>The 9-metre and 12-metre electric buses are designed to deliver a combination of operational efficiency, passenger comfort and smart connectivity for urban public transportation. The EiV platform incorporates modular battery configurations, advanced electric powertrains and regenerative braking, while dual-gun fast charging supports quicker turnaround and improved fleet utilization. Passenger-focused features include spacious interiors, comfortable seating, USB charging and low-floor access, while safety technologies include Fire Detection and Suppression Systems and multi-level battery protection. Powered by SWITCH iON, the buses also offer real-time vehicle monitoring, diagnostics and fleet management capabilities, helping operators improve reliability and operational efficiency.<br /><br />The order reflects the increasing adoption of electric buses for public transportation, driven by the need for efficient, sustainable and commercially viable mobility solutions.<br /><h3 style="text-align: left;">Driving the Transition Towards Sustainable Mobility</h3>The partnership brings together the capabilities of an electric mobility OEM, fleet operator and public transport authority to support the electrification of public transportation at scale. Through such collaborations, SWITCH Mobility continues to focus on delivering reliable, efficient and commercially viable electric mobility solutions that support the evolving needs of cities, operators and passengers.<br /></div>
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1141 1142<div style='clear: both;'></div> 1143</div> 1144<div class='post-footer'> 1145<div class='post-footer-line post-footer-line-3'> 1146<span class='post-location'> 1147</span> 1148</div> 1149</div> 1150</div> 1151</div> 1152<div class='post-outer'> 1153<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 1154<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9l2oO9iULWa_Um2GJI0-w1I8lHpdsVki3F6Upfnr6SmP4vs4epUOBS3pg6mILhUl40pmqr6bc-8AWP2Yvp8sUmpF4En_IrxMaZULRS0PXZqGprFlAW4NWeEe3PfWyfQ1s5O2im1b-e6_x6rIDGfBpMVfYX4GYIUtf2X5ERmhdZqY1VFtghAZKRO50xtI/s1600/67694.png' itemprop='image_url'/> 1155<meta content='3676472976850630093' itemprop='blogId'/> 1156<meta content='3970009823234185584' itemprop='postId'/> 1157<a name='3970009823234185584'></a> 1158<span class='post-labelsx'> 1159<a href='https://www.indianweb2.com/search/label/AI%20skill' rel='tag'>AI skill</a> 1160<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 1161<a href='https://www.indianweb2.com/search/label/employees' rel='tag'>employees</a> 1162<a href='https://www.indianweb2.com/search/label/Infosys' rel='tag'>Infosys</a> 1163<a href='https://www.indianweb2.com/search/label/IT%20industry' rel='tag'>IT industry</a> 1164<a href='https://www.indianweb2.com/search/label/Jobs' rel='tag'>Jobs</a> 1165<a href='https://www.indianweb2.com/search/label/Technology' rel='tag'>Technology</a> 1166<a href='https://www.indianweb2.com/search/label/Workforce' rel='tag'>Workforce</a> 1167</span> 1168<h1 class='post-title entry-title' itemprop='name'> 1169<a href='https://www.indianweb2.com/2026/09/infosys-reinvents-it-pyramid-6000.html'>Infosys Reinvents IT Pyramid: 6,000 Frontier Engineers, One‑Third Specialists</a> 1170</h1> 1171<div class='sdate'> 1172<div class='hauth'> 1173<span class='post-author vcard'> 1174<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 1175<meta content='https://www.blogger.com/profile/05826583644091787992' itemprop='url'/> 1176<a class='g-profile' href='https://www.blogger.com/profile/05826583644091787992' rel='author' title='author profile'> 1177<span itemprop='name'>IndianWeb2</span> 1178</a> 1179</span> 1180</span> 1181</div> 1182<span class='post-timestamp'> 1183<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/infosys-reinvents-it-pyramid-6000.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-28T14:28:00+05:30'>Monday, September 28, 2026</abbr></a> 1184</span> 1185<span class='post-comment-link spk-title-comment'> 1186<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/3970009823234185584' onclick=''> 1187No comments 1188</a> 1189<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/3970009823234185584' onclick=''>0</a> 1190</span> 1191</div> 1192<div class='post-header'> 1193<div class='post-header-line-1'> 1194</div> 1195</div> 1196<div class='post-body entry-content' id='post-body-3970009823234185584' itemprop='articleBody'> 1197<div id='summary3970009823234185584'><img alt="Infosys Reinvents IT Pyramid: 6,000 Frontier Engineers, One‑Third Specialists" border="0" data-original-height="941" data-original-width="1672" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9l2oO9iULWa_Um2GJI0-w1I8lHpdsVki3F6Upfnr6SmP4vs4epUOBS3pg6mILhUl40pmqr6bc-8AWP2Yvp8sUmpF4En_IrxMaZULRS0PXZqGprFlAW4NWeEe3PfWyfQ1s5O2im1b-e6_x6rIDGfBpMVfYX4GYIUtf2X5ERmhdZqY1VFtghAZKRO50xtI/s1600-rw/67694.png" title="Infosys Reinvents IT Pyramid: 6,000 Frontier Engineers, One‑Third Specialists" /><br /><br />Infosys is planning a major workforce transformation, moving between 25–33% of its employees into specialist roles, while also hiring 6,000 “frontier engineers” to strengthen expertise in AI, advanced technologies, and digital transformation. This marks one of the largest structural shifts in India’s IT services sector.<br /><br />
1197Infosys <a href="https://m.economictimes.com/tech/information-tech/infosys-to-move-up-to-one-third-workforce-into-specialist-roles/articleshow/134518796.cms" target="_blank">conveyed</a> this workforce transition. The announcement was made during its annual Americas Confluence event in Washington, DC, where Infosys management outlined plans to move 25–33% of employees into specialist roles and hire 6,000 frontier engineers.<br /><br />The company emphasized that this is a strategic shift toward AI and digital transformation, not a downsizing exercise.<br /><h3>Key Highlights of Infosys’s Workforce Strategy</h3><ul><li><b>Specialist roles</b>: Up to one-third of employees will transition from generalist IT positions into specialist roles with deeper technical expertise.</li><li><b>Frontier engineers</b>: Recruitment of ~6,000 advanced engineers from top Indian institutes and US campuses, competing directly with AI labs and research centers.</li><li><b>AI-driven transformation</b>: The move aligns with Infosys’s broader pivot toward artificial intelligence, automation, and digital-first delivery models.</li><li><b>Talent pyramid impact</b>: Traditional IT services relied on mass graduate hiring; this shift emphasizes differentiated career paths, deeper skills, and continuous reskilling.</li><li><b>No layoffs</b>: The company clarified that this is not a downsizing exercise but a rebalancing of workforce composition.</li></ul><h3>Comparison: Traditional vs. New Workforce Model</h3><table style="border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; width: 100%;"><thead><tr style="background-color: #f2f2f2; text-align: left;"><th style="border: 1px solid rgb(221, 221, 221); padding: 8px;"><b>Aspect</b></th><th style="border: 1px solid rgb(221, 221, 221); padding: 8px;"><b>Traditional IT Services Model</b></th><th style="border: 1px solid rgb(221, 221, 221); padding: 8px;"><b>New Specialist Model</b></th></tr></thead><tbody><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Hiring focus</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Large intake of fresh graduates</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Selective recruitment of frontier engineers</td></tr><tr style="background-color: #f9f9f9;"><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Skill depth</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Broad, generalist IT skills</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Advanced AI, ML, cloud, cybersecurity expertise</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Career paths</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Standardized pyramid structure</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Differentiated, specialist-driven progression</td></tr><tr style="background-color: #f9f9f9;"><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Training</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Mass skilling programs</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Continuous reskilling & niche certifications</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Global competition</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Competes with IT services firms</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Competes with AI labs & tech innovators</td></tr></tbody></table><br /><h3>Implications for India’s IT Sector</h3><ul><li><b>Upskilling imperative</b>: Existing employees will need to reskill rapidly in AI, data science, and emerging tech.</li><li><b>Competitive hiring</b>: Infosys will compete with global AI labs, startups, and Big Tech for frontier talent.</li><li><b>Industry-wide ripple effect</b>: Other IT majors (TCS, Wipro, HCL) may adopt similar strategies, reshaping India’s IT employment landscape.</li><li><b>Career opportunities</b>: Specialist roles in AI, cybersecurity, and cloud will become more valuable than traditional IT support roles.</li></ul><h3>Risks & Challenges</h3><ul><li><b>Talent scarcity</b>: Recruiting 6,000 frontier engineers may be difficult given global demand.</li><li><b>Cultural shift</b>: Moving one-third of employees into specialist tracks could disrupt established career expectations.</li><li><b>Reskilling burden</b>: Continuous training programs will be essential to avoid skill gaps.</li><li><b>Competition pressure</b>: Infosys must balance specialist hiring with maintaining delivery capacity for traditional IT services.</li></ul><br /></div>
1198<script type='text/javascript'>createSummaryAndThumb("summary3970009823234185584","https://www.indianweb2.com/2026/09/infosys-reinvents-it-pyramid-6000.html");</script>
1198 1199<div style='clear: both;'></div> 1200</div> 1201<div class='post-footer'> 1202<div class='post-footer-line post-footer-line-3'> 1203<span class='post-location'> 1204</span> 1205</div> 1206</div> 1207</div> 1208</div> 1209<div class='post-outer'> 1210<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 1211<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjzP_fJQorYOtX_oleTQxJXBoXuMUikaGpUI7AsefcHtosz-vY92kyEUzF-5F-JL2bJ1Qm1AljPnVKdaOeBlZ7O8kNu2VW_wUKSF063WEUCweS1L7POPrEcFV2hhtDPZWbh8HCqWsUaQyfyjgA_fHoyBYK-68M7JU2aRWUW4wVfKsSnF07jFHYn7vI3yWU/s1600/67681.png' itemprop='image_url'/> 1212<meta content='3676472976850630093' itemprop='blogId'/> 1213<meta content='4630122069757442071' itemprop='postId'/> 1214<a name='4630122069757442071'></a> 1215<span class='post-labelsx'> 1216<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 1217<a href='https://www.indianweb2.com/search/label/content%20creators' rel='tag'>content creators</a> 1218<a href='https://www.indianweb2.com/search/label/Digital%20Commerce' rel='tag'>Digital Commerce</a> 1219<a href='https://www.indianweb2.com/search/label/e-commerce' rel='tag'>e-commerce</a> 1220<a href='https://www.indianweb2.com/search/label/e-commerce%20India' rel='tag'>e-commerce India</a> 1221<a href='https://www.indianweb2.com/search/label/Snapdeal' rel='tag'>Snapdeal</a> 1222<a href='https://www.indianweb2.com/search/label/Technology' rel='tag'>Technology</a> 1223<a href='https://www.indianweb2.com/search/label/YouTube' rel='tag'>YouTube</a> 1224</span> 1225<h1 class='post-title entry-title' itemprop='name'> 1226<a href='https://www.indianweb2.com/2026/09/snapdeal-joins-youtube-shopping.html'>Snapdeal Joins YouTube Shopping Affiliate Program to Power Creator-Led Commerce</a> 1227</h1> 1228<div class='sdate'> 1229<div class='hauth'> 1230<span class='post-author vcard'> 1231<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 1232<meta content='https://www.blogger.com/profile/03014927700600670133' itemprop='url'/> 1233<a class='g-profile' href='https://www.blogger.com/profile/03014927700600670133' rel='author' title='author profile'> 1234<span itemprop='name'>IndianWeb2 Desk</span> 1235</a> 1236</span> 1237</span> 1238</div> 1239<span class='post-timestamp'> 1240<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/snapdeal-joins-youtube-shopping.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-28T13:09:00+05:30'>Monday, September 28, 2026</abbr></a> 1241</span> 1242<span class='post-comment-link spk-title-comment'> 1243<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/4630122069757442071' onclick=''> 1244No comments 1245</a> 1246<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/4630122069757442071' onclick=''>0</a> 1247</span> 1248</div> 1249<div class='post-header'> 1250<div class='post-header-line-1'> 1251</div> 1252</div> 1253<div class='post-body entry-content' id='post-body-4630122069757442071' itemprop='articleBody'> 1254<div id='summary4630122069757442071'><img alt="Snapdeal Joins YouTube Shopping Affiliate Program to Power Creator-Led Commerce" border="0" data-original-height="850" data-original-width="1280" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjzP_fJQorYOtX_oleTQxJXBoXuMUikaGpUI7AsefcHtosz-vY92kyEUzF-5F-JL2bJ1Qm1AljPnVKdaOeBlZ7O8kNu2VW_wUKSF063WEUCweS1L7POPrEcFV2hhtDPZWbh8HCqWsUaQyfyjgA_fHoyBYK-68M7JU2aRWUW4wVfKsSnF07jFHYn7vI3yWU/s1600-rw/67681.png" title="Snapdeal Joins YouTube Shopping Affiliate Program to Power Creator-Led Commerce" /><h4 style="text-align: left;"><b>Partnership enables creators to recommend millions of value-first fashion and lifestyle products to shoppers across India through shoppable video content</b></h4>Value fashion-focused e-commerce platform, Snapdeal, today announced its partnership with YouTube as part of the YouTube Shopping affiliate program in India. Through this collaboration, eligible creators will be able to tag and recommend products available on Snapdeal directly within their YouTube videos, Shorts and livestreams, allowing viewers to seamlessly discover products and make purchase decisions while consuming content.<br /><br />The partnership builds on Snapdeal's long-standing engagement with thousands of creators across India to help shoppers discover trendy fashion and lifestyle products through authentic, relatable content.<br /><br />The YouTube Shopping affiliate program enables creators to earn commissions by tagging products featured in their content. Through the integration, eligible creators can browse products listed on Snapdeal, tag them directly in their videos, Shorts and livestreams, and earn affiliate commissions on qualifying purchases. Viewers can seamlessly move from content to checkout, creating a frictionless shopping experience.<br /><br />Influencer-led commerce is one of the leading drivers of social commerce in India, where creators leverage their connection with their audiences to generate discovery, evaluation and conversion for online channels.<br /><br />For Snapdeal sellers, the program opens up a new avenue to reach millions of highly engaged consumers through authentic creator recommendations, helping drive discovery and sales.<br /><br />With more than 80% of its orders originating from non-metro India and the majority of products priced below ₹599, Snapdeal is uniquely positioned to help creators connect their audiences with stylish, affordable products that resonate with India's value-conscious shoppers. The partnership also expands opportunities for brands and sellers on Snapdeal to leverage the growing influence of creator commerce.<br /><br /><b>Commenting on the partnership, Achint Setia, CEO, Snapdeal, said: </b>"<i>Creators have become one of the most powerful drivers of product discovery in India today. At Snapdeal, we've been working closely with thousands of creators to help GenZ shoppers discover value fashion and lifestyle products they love. Our partnership with YouTube Shopping takes this further by making the journey from discovery to purchase far more seamless. It creates exciting new opportunities for creators to monetize their influence, for sellers to reach highly engaged audiences, and for shoppers across Bharat to discover great products with just a few taps</i>."<br /><br /><b>Gunjan Soni, Country Managing Director, YouTube India, said: </b>"<i>We're excited to welcome Snapdeal to the YouTube Shopping affiliate program in India. Shopping on YouTube is built on the foundation of trusted recommendations from creators, helping viewers discover products in engaging ways. By bringing Snapdeal's extensive assortment of value fashion and lifestyle products into the program, we're expanding opportunities for creators to earn while turning authentic inspiration into a seamless, accessible shopping journey for Indian consumers</i>."<br /><br />By integrating with the YouTube Shopping affiliate program, Snapdeal is taking the next step in making the shopping journey even more seamless, enabling viewers to move effortlessly from inspiration to purchase while viewing the content they love.</div>
1255<script type='text/javascript'>createSummaryAndThumb("summary4630122069757442071","https://www.indianweb2.com/2026/09/snapdeal-joins-youtube-shopping.html");</script>
1255 1256<div style='clear: both;'></div> 1257</div> 1258<div class='post-footer'> 1259<div class='post-footer-line post-footer-line-3'> 1260<span class='post-location'> 1261</span> 1262</div> 1263</div> 1264</div> 1265</div> 1266<div class='post-outer'> 1267<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 1268<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhz77EX_nekkWSoT0tSFOa_sQiAllzicyZ6x82xcl56tVOrhgtKvCtepH4wqVrF_bG3-24YXhwWy6ePpLJ-ILUOz4NPfbswtyGe1x_wLkdDQFcAJi64Y5BvqsIFp5vBTck5Pe9_Gf1o85iPpZbkx-HS61Hp0L05t9UXHtSeQ1Aws4F831swP15a-NdWN_Y/s1600/67673.jpg' itemprop='image_url'/> 1269<meta content='3676472976850630093' itemprop='blogId'/> 1270<meta content='7138553941565896410' itemprop='postId'/> 1271<a name='7138553941565896410'></a> 1272<span class='post-labelsx'> 1273<a href='https://www.indianweb2.com/search/label/Banking' rel='tag'>Banking</a> 1274<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 1275<a href='https://www.indianweb2.com/search/label/Digital%20India' rel='tag'>Digital India</a> 1276<a href='https://www.indianweb2.com/search/label/GCC' rel='tag'>GCC</a> 1277<a href='https://www.indianweb2.com/search/label/IndusInd%20Bank' rel='tag'>IndusInd Bank</a> 1278</span> 1279<h1 class='post-title entry-title' itemprop='name'> 1280<a href='https://www.indianweb2.com/2026/09/indusind-bank-powers-indias-gcc-growth.html'>IndusInd Bank Powers India’s GCC Growth With New Banking Vertical</a> 1281</h1> 1282<div class='sdate'> 1283<div class='hauth'> 1284<span class='post-author vcard'> 1285<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 1286<meta content='https://www.blogger.com/profile/03014927700600670133' itemprop='url'/> 1287<a class='g-profile' href='https://www.blogger.com/profile/03014927700600670133' rel='author' title='author profile'> 1288<span itemprop='name'>IndianWeb2 Desk</span> 1289</a> 1290</span> 1291</span> 1292</div> 1293<span class='post-timestamp'> 1294<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/indusind-bank-powers-indias-gcc-growth.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-28T12:52:00+05:30'>Monday, September 28, 2026</abbr></a> 1295</span> 1296<span class='post-comment-link spk-title-comment'> 1297<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/7138553941565896410' onclick=''> 1298No comments 1299</a> 1300<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/7138553941565896410' onclick=''>0</a> 1301</span> 1302</div> 1303<div class='post-header'> 1304<div class='post-header-line-1'> 1305</div> 1306</div> 1307<div class='post-body entry-content' id='post-body-7138553941565896410' itemprop='articleBody'> 1308<div id='summary7138553941565896410'><img alt="IndusInd Bank Powers India’s GCC Growth With New Banking Vertical" border="0" data-original-height="1728" data-original-width="2592" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhz77EX_nekkWSoT0tSFOa_sQiAllzicyZ6x82xcl56tVOrhgtKvCtepH4wqVrF_bG3-24YXhwWy6ePpLJ-ILUOz4NPfbswtyGe1x_wLkdDQFcAJi64Y5BvqsIFp5vBTck5Pe9_Gf1o85iPpZbkx-HS61Hp0L05t9UXHtSeQ1Aws4F831swP15a-NdWN_Y/s1600-rw/67673.jpg" title="IndusInd Bank Powers India’s GCC Growth With New Banking Vertical" /><h4 style="text-align: left;"><b>A <i>pioneering proposition</i></b>, brings together corporate and employee banking capabilities under a single relationship, supported by digital-first platforms and specialist India-focused advisory</h4>IndusInd Bank, today, announced the launch of its dedicated GCC Banking vertical, a pioneering proposition for India’s Global Capability Centre ecosystem. By bringing together corporate and employee banking capabilities under a dedicated GCC relationship model, the Bank offers a more integrated and specialised approach to serving the unique requirements of GCCs. Supported by digital-first platforms, responsive service and India-focused advisory expertise, the offering delivers a seamless banking experience, giving GCCs access to a comprehensive suite of solutions through a single banking partner.<br /><br />India’s GCC ecosystem has grown 32% since FY2021 and now comprises 2,117 GCCs, underscoring the country’s growing importance as a global capability hub and the increasingly sophisticated banking requirements of the sector.<br /><br />IndusInd Bank’s GCC Banking vertical brings together the bank’s five core capabilities under a single relationship: <b>digital banking</b>, <b>employee banking</b>, <b>commercial card solutions</b>, <b>capital account and FEMA solutions</b>, and <b>foreign-currency accounts</b> through the Bank’s International Banking Unit (IBU) at GIFT City. This integrated approach enables GCCs to manage their business, workforce and cross-border banking needs more seamlessly.<br /><br /><b>Niraj Shah, Country Head – Corporate Banking, IndusInd Bank</b>, said “<i>India’s GCC ecosystem has evolved beyond traditional shared-services operations, with centres increasingly taking on technology, engineering, analytics, finance, research and other strategic functions for global organisations. As the sector continues to grow in scale and strategic importance, its banking requirements are also becoming more nuanced. IndusInd Bank aims to
1308support these evolving needs through a more integrated banking approach that brings together relevant capabilities and specialist guidance tailored to India-specific requirements</i>.”<br /><h3>The GCC Banking proposition is anchored on three principles:</h3><ul><li><b>Unified:</b> A single relationship across corporate and employee banking requirements, spanning all five core capabilities.</li><li><b>Digital-First:</b> Digital banking platforms and solutions designed to integrate with the operating needs of GCCs and their employees.</li><li><b>Responsive:</b> Senior-level access and India-focused specialist advice to support GCCs as their banking and operational requirements evolve.</li></ul>The International Banking Unit (IBU) at GIFT City further strengthens the proposition by enabling GCCs to access foreign-currency account solutions alongside the Bank’s broader suite of banking capabilities.<br /><h4 style="text-align: left;">ABOUT INDUSIND BANK</h4>IndusInd Bank Limited has been redefining banking for the past 32 years and has been a force for progression and innovation, offering an elevated banking experience for its diverse range of stakeholders, including government entities, PSUs, retail customers, and large corporations. The Bank’s product offerings include microfinance, personal loans, debit/credit cards, SME loans, advanced digital banking facilities, affluent and NRI banking services, vehicle financing, and innovative ESG-linked financial products.<br /><br />The Bank also caters to the growing Indian diaspora with representative offices in Dubai, and Abu Dhabi. As of June 30, 2026, IndusInd Bank serves around 42 million customers through 3,137 branches/banking outlets and 2,853 ATMs, reaching 1.60 lakh villages across India. IndusInd Bank leverages technology through its 'Digital 2.0' strategy, ensuring multi-channel delivery and a robust digital infrastructure. In each of its unique offerings that include ‘INDIE’ – the one-stop-shop for all things digital banking; innovation and customer centricity remain at the core. IndusInd Bank holds clearing bank status for major stock exchanges BSE and NSE, settlement bank status for NCDEX, and is an empanelled banker for MCX.<br /><h3>RATINGS</h3><table style="border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; width: 100%;"><tbody><tr style="background-color: #f2f2f2;"><th style="border: 1px solid rgb(221, 221, 221); padding: 8px; text-align: left;">Category</th><th style="border: 1px solid rgb(221, 221, 221); padding: 8px; text-align: left;">Rating</th></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">CARE</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">A1+ for Certificate of Deposits</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">CRISIL</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">A1+ for certificate of deposit program / short term FD programme</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">CRISIL</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">AA+ for Infrastructure Bonds program/Tier 2 Bonds</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">India Ratings</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">IND AA+ for Issuer Rating</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">India Ratings</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">IND AA+ for Senior bonds program/Tier 2 Bonds</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Moody’s</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Ba1 for Senior Unsecured MTN programme</td></tr></tbody></table></div>
1309<script type='text/javascript'>createSummaryAndThumb("summary7138553941565896410","https://www.indianweb2.com/2026/09/indusind-bank-powers-indias-gcc-growth.html");</script>
1309 1310<div style='clear: both;'></div> 1311</div> 1312<div class='post-footer'> 1313<div class='post-footer-line post-footer-line-3'> 1314<span class='post-location'> 1315</span> 1316</div> 1317</div> 1318</div> 1319</div> 1320<div class='post-outer'> 1321<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 1322<meta content='3676472976850630093' itemprop='blogId'/> 1323<meta content='3109184233939611359' itemprop='postId'/> 1324<a name='3109184233939611359'></a> 1325<span class='post-labelsx'> 1326<a href='https://www.indianweb2.com/search/label/BSE' rel='tag'>BSE</a> 1327<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 1328<a href='https://www.indianweb2.com/search/label/HDFC' rel='tag'>HDFC</a> 1329<a href='https://www.indianweb2.com/search/label/Investments' rel='tag'>Investments</a> 1330<a href='https://www.indianweb2.com/search/label/Mutual%20Fund' rel='tag'>Mutual Fund</a> 1331<a href='https://www.indianweb2.com/search/label/Real%20Estate' rel='tag'>Real Estate</a> 1332<a href='https://www.indianweb2.com/search/label/REIT' rel='tag'>REIT</a> 1333</span> 1334<h1 class='post-title entry-title' itemprop='name'> 1335<a href='https://www.indianweb2.com/2026/09/hdfc-bse-reits-and-commercial-real.html'>HDFC BSE REITS and Commercial Real Estate Index Fund Now Open for Ongoing Subscription</a> 1336</h1> 1337<div class='sdate'> 1338<div class='hauth'> 1339<span class='post-author vcard'> 1340<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 1341<meta content='https://www.blogger.com/profile/03014927700600670133' itemprop='url'/> 1342<a class='g-profile' href='https://www.blogger.com/profile/03014927700600670133' rel='author' title='author profile'> 1343<span itemprop='name'>IndianWeb2 Desk</span> 1344</a> 1345</span> 1346</span> 1347</div> 1348<span class='post-timestamp'> 1349<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/hdfc-bse-reits-and-commercial-real.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-28T11:49:00+05:30'>Monday, September 28, 2026</abbr></a> 1350</span> 1351<span class='post-comment-link spk-title-comment'> 1352<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/3109184233939611359' onclick=''> 1353No comments 1354</a> 1355<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/3109184233939611359' onclick=''>0</a> 1356</span> 1357</div> 1358<div class='post-header'> 1359<div class='post-header-line-1'> 1360</div> 1361</div> 1362<div class='post-body entry-content' id='post-body-3109184233939611359' itemprop='articleBody'> 1363<div id='summary3109184233939611359'><h4 style="text-align: left;">An open ended scheme replicating/tracking BSE REITS and Commercial Real Estate Index (TRI)</h4>HDFC Mutual Fund (HDFC MF), one of India's leading mutual fund houses, today announced that it has re-opened the HDFC BSE REITS and Commercial Real Estate Index Fund (the “Scheme”) post its recent NFO. The fund is an innovative offering designed to provide investors with simple, convenient and diversified access to India’s growing commercial real estate ecosystem through a passive investment route.<br /><br />The fund aims to track the BSE REITS and Commercial Real Estate Index, a first-of-its-kind benchmark that provides exposure to listed REITs alongside select commercial real estate companies with rental income–linked business models. The filing marks an important milestone in broadening the investment universe available to Indian investors and making institutional-quality commercial real estate exposure more accessible through the mutual fund structure.<br /><br />The Scheme seeks to address a longstanding gap in investor portfolios by offering easy access to a unique asset class. REITs are globally recognized as a transparent and regulated way to participate in income-generating real estate assets, offering the potential for a combination of regular income and long-term capital appreciation. Now, investors can gain exposure to professionally managed commercial real estate assets with a relatively small investment through the mutual fund format. The product is expected to appeal to investors seeking an additional source of portfolio diversification, given the relatively distinct return drivers of commercial real estate compared to traditional asset classes.<br /><br />
1363Beyond investor benefits, REITs play a vital role in the broader economy by enabling efficient monetization of completed real estate assets, attracting long-term institutional capital and supporting the creation of high-quality commercial real estate assets that helps to contribute to India’s economic growth.<br /><br />Commenting on the filing, <b>Mr. Navneet Munot, Managing Director and Chief Executive Officer, HDFC Asset Management Company Limited</b>, said: “<i>The launch of the HDFC BSE REITS and Commercial Real Estate Index Fund represents another step in our commitment to democratizing access to innovative investment opportunities for Indian investors and fulfil our mission to be the wealth creator for every Indian. By providing this exposure via index fund format, we aim to offer investors an innovative and convenient way to participate in India’s long-term real estate growth opportunity. This latest offering demonstrates our commitment to delivering excellence in Index Solutions, leveraging our 20+ years of experience in passive strategies</i>.”<br /></div>
1364<script type='text/javascript'>createSummaryAndThumb("summary3109184233939611359","https://www.indianweb2.com/2026/09/hdfc-bse-reits-and-commercial-real.html");</script>
1364 1365<div style='clear: both;'></div> 1366</div> 1367<div class='post-footer'> 1368<div class='post-footer-line post-footer-line-3'> 1369<span class='post-location'> 1370</span> 1371</div> 1372</div> 1373</div> 1374</div> 1375<div class='post-outer'> 1376<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 1377<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgzQH0pK-iOjiPkfa6RtumkaRaWLiDzi4sMnsAu3KOfOfANWXG6i6mJmGUjUiJBjWGe_P1XCHWfrmex8EJyhij_eoaNreUVEAS4FKPOdhYNDrgKHGo6nPFi6SIRO-r1Hh0Ls-Vl9eB1fdQNQMRgTlvoqxiwjCRkwoquHETJAt-TqPCG7jwv1BRwJDSId1Q/s1600/67634.jpg' itemprop='image_url'/> 1378<meta content='3676472976850630093' itemprop='blogId'/> 1379<meta content='4200870396305608433' itemprop='postId'/> 1380<a name='4200870396305608433'></a> 1381<span class='post-labelsx'> 1382<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 1383<a href='https://www.indianweb2.com/search/label/Electric%20Bus' rel='tag'>Electric Bus</a> 1384<a href='https://www.indianweb2.com/search/label/Electric%20Mobility' rel='tag'>Electric Mobility</a> 1385<a href='https://www.indianweb2.com/search/label/electric%20truck' rel='tag'>electric truck</a> 1386<a href='https://www.indianweb2.com/search/label/Electric%20Vehicles' rel='tag'>Electric Vehicles</a> 1387<a href='https://www.indianweb2.com/search/label/EV%20Manufacturing' rel='tag'>EV Manufacturing</a> 1388<a href='https://www.indianweb2.com/search/label/JSW%20Group' rel='tag'>JSW Group</a> 1389</span> 1390<h1 class='post-title entry-title' itemprop='name'> 1391<a href='https://www.indianweb2.com/2026/09/jsw-group-rolls-out-ampstar-ev-buses.html'>JSW Group Rolls Out AMPSTAR EV Buses & Trucks</a> 1392</h1> 1393<div class='sdate'> 1394<div class='hauth'> 1395<span class='post-author vcard'> 1396<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 1397<meta content='https://www.blogger.com/profile/05826583644091787992' itemprop='url'/> 1398<a class='g-profile' href='https://www.blogger.com/profile/05826583644091787992' rel='author' title='author profile'> 1399<span itemprop='name'>IndianWeb2</span> 1400</a> 1401</span> 1402</span> 1403</div> 1404<span class='post-timestamp'> 1405<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/jsw-group-rolls-out-ampstar-ev-buses.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-28T10:05:00+05:30'>Monday, September 28, 2026</abbr></a> 1406</span> 1407<span class='post-comment-link spk-title-comment'> 1408<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/4200870396305608433' onclick=''> 1409No comments 1410</a> 1411<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/4200870396305608433' onclick=''>0</a> 1412</span> 1413</div> 1414<div class='post-header'> 1415<div class='post-header-line-1'> 1416</div> 1417</div> 1418<div class='post-body entry-content' id='post-body-4200870396305608433' itemprop='articleBody'> 1419<div id='summary4200870396305608433'><img alt="JSW Group Rolls Out AMPSTAR EV Buses & Trucks" border="0" data-original-height="772" data-original-width="1200" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgzQH0pK-iOjiPkfa6RtumkaRaWLiDzi4sMnsAu3KOfOfANWXG6i6mJmGUjUiJBjWGe_P1XCHWfrmex8EJyhij_eoaNreUVEAS4FKPOdhYNDrgKHGo6nPFi6SIRO-r1Hh0Ls-Vl9eB1fdQNQMRgTlvoqxiwjCRkwoquHETJAt-TqPCG7jwv1BRwJDSId1Q/s1600-rw/67634.jpg" title="JSW Group Rolls Out AMPSTAR EV Buses & Trucks" /><br /><br />JSW Group has officially entered India’s electric commercial mobility market with the launch of its new brand, AMPSTAR, focused on manufacturing electric buses and trucks at scale. The vehicles will be produced at a 90-acre facility in Chhatrapati Sambhajinagar, Maharashtra, with an annual capacity of 15,000 units.<br /><br />AMPSTAR is conceived as a comprehensive commercial mobility platform that spans the full customer journey. Beyond the vehicles themselves, it integrates charging networks, operational solutions, financing options, and after‑sales support — enabling fleet operators to transition to electric with confidence. Customers gain flexibility to tailor power outputs between 150 kW and 500 kW, while choosing from outright purchase, leasing, Battery‑as‑a‑
1419Service (BaaS), or other ownership and operating models.<div><h3>Key Highlights of AMPSTAR Launch</h3><ul><li><b>Brand introduction:</b> AMPSTAR is positioned as a full-stack commercial mobility solution, integrating charging infrastructure, financing, operating solutions, and after-sales support.</li><li><b>Manufacturing facility:</b> Located at AURIC, Chhatrapati Sambhajinagar, Maharashtra, spread across 90 acres, with capacity for 10,000 buses and 5,000 trucks annually.</li><li><b>Vehicle range:</b> Electric buses from 7m to 18m (city, intercity, staff, and school transport); trucks starting with a 55-tonne electric tractor-trailer, expanding into tippers and dumpers.</li><li><b>Power configurations:</b> Options from 150 kW to 500 kW.</li><li><b>Ownership models:</b> Outright purchase, leasing, and Battery-as-a-Service (BaaS).</li><li><b>Technology:</b> Double-cooling battery system, high-strength monocoque chassis, proprietary driveline software, and automated truck-cabin assembly lines.</li></ul><h3>AMPSTAR at a Glance</h3><table style="border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; width: 100%;"><tbody><tr style="background-color: #f2f2f2;"><th style="border: 1px solid rgb(221, 221, 221); padding: 8px; text-align: left;">Feature</th><th style="border: 1px solid rgb(221, 221, 221); padding: 8px; text-align: left;">Details</th></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Launch Date</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">September 22–24, 2026</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Parent Company</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">JSW Greentech (est. 2024)</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Facility Size</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">90 acres, Chhatrapati Sambhajinagar</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Annual Capacity</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">15,000 EVs (10,000 buses, 5,000 trucks)</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Bus Range</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">7m – 18m (city, staff, school, intercity)</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Truck Range</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">55-tonne tractor-trailer, expanding to tippers/dumpers</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Power Options</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">150 kW – 500 kW</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Ownership Models</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Purchase, Leasing, BaaS</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Target Market</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Private fleets, public-sector enterprises, government tenders</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Avg Price (initial)</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">~₹80 lakh</td></tr></tbody></table><h3>Strategic Impact</h3><ul><li><b>Energy independence:</b> Sajjan Jindal emphasized AMPSTAR as nation-building, reducing reliance on imported fuel and boosting India’s energy security.</li><li><b>Government tenders:</b> AMPSTAR buses are expected to play a major role in public transport electrification under schemes like PM E-Drive.</li><li><b>Economic competitiveness:</b> Lower logistics costs, scalable manufacturing, and reduced operating expenses (up to 33% savings projected).</li></ul><h3>Challenges & Considerations</h3><ul><li><b>Pricing pressure:</b> At ~₹80 lakh per unit, affordability for smaller fleet operators may be a hurdle.</li><li><b>Infrastructure readiness:</b> Success depends on rapid deployment of charging depots and service networks.</li><li><b>Competition:</b> Rivals like Tata Motors, Ashok Leyland, and Switch Mobility already have deployments in Indian cities.</li></ul></div></div>
1420<script type='text/javascript'>createSummaryAndThumb("summary4200870396305608433","https://www.indianweb2.com/2026/09/jsw-group-rolls-out-ampstar-ev-buses.html");</script>
1420 1421<div style='clear: both;'></div> 1422</div> 1423<div class='post-footer'> 1424<div class='post-footer-line post-footer-line-3'> 1425<span class='post-location'> 1426</span> 1427</div> 1428</div> 1429</div> 1430</div> 1431<div class='post-outer'> 1432<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 1433<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjQmZF_pWY-Z1IrPG7bl7ohxidd6oXRdzoQEV3Uy94j2LEqjjw0osvojT91zuFr5003PK32WIDMaHFZ6kl00Xy7bJsb8bWmq7cPnOCOT6rZ76w63UNYdbURIACIYhq7Z3CXRH4RfHl0aJ6VxT_jCsNRivZPM6dMAliu2SDjD9Tn8CMDOdUOJentN15ywz4/s1600/67457.png' itemprop='image_url'/> 1434<meta content='3676472976850630093' itemprop='blogId'/> 1435<meta content='6428698739756006472' itemprop='postId'/> 1436<a name='6428698739756006472'></a> 1437<span class='post-labelsx'> 1438<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 1439<a href='https://www.indianweb2.com/search/label/cargo' rel='tag'>cargo</a> 1440<a href='https://www.indianweb2.com/search/label/e-Methanol' rel='tag'>e-Methanol</a> 1441<a href='https://www.indianweb2.com/search/label/Energy' rel='tag'>Energy</a> 1442<a href='https://www.indianweb2.com/search/label/Green%20Energy' rel='tag'>Green Energy</a> 1443<a href='https://www.indianweb2.com/search/label/Gujarat' rel='tag'>Gujarat</a> 1444<a href='https://www.indianweb2.com/search/label/Methanol' rel='tag'>Methanol</a> 1445<a href='https://www.indianweb2.com/search/label/Ports' rel='tag'>Ports</a> 1446</span> 1447<h1 class='post-title entry-title' itemprop='name'> 1448<a href='https://www.indianweb2.com/2026/09/indias-first-port-based-e-methanol.html'>India’s First Port-Based e-Methanol Plant: A Green Energy Milestone at Kandla</a> 1449</h1> 1450<div class='sdate'> 1451<div class='hauth'> 1452<span class='post-author vcard'> 1453<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 1454<meta content='https://www.blogger.com/profile/05826583644091787992' itemprop='url'/> 1455<a class='g-profile' href='https://www.blogger.com/profile/05826583644091787992' rel='author' title='author profile'> 1456<span itemprop='name'>IndianWeb2</span> 1457</a> 1458</span> 1459</span> 1460</div> 1461<span class='post-timestamp'> 1462<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/indias-first-port-based-e-methanol.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-27T14:28:00+05:30'>Sunday, September 27, 2026</abbr></a> 1463</span> 1464<span class='post-comment-link spk-title-comment'> 1465<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/6428698739756006472' onclick=''> 1466No comments 1467</a> 1468<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/6428698739756006472' onclick=''>0</a> 1469</span> 1470</div> 1471<div class='post-header'> 1472<div class='post-header-line-1'> 1473</div> 1474</div> 1475<div class='post-body entry-content' id='post-body-6428698739756006472' itemprop='articleBody'> 1476<div id='summary6428698739756006472'><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><img alt="India’s First Port-Based e-Methanol Plant: A Green Energy Milestone at Kandla" border="0" data-original-height="768" data-original-width="1366" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjQmZF_pWY-Z1IrPG7bl7ohxidd6oXRdzoQEV3Uy94j2LEqjjw0osvojT91zuFr5003PK32WIDMaHFZ6kl00Xy7bJsb8bWmq7cPnOCOT6rZ76w63UNYdbURIACIYhq7Z3CXRH4RfHl0aJ6VxT_jCsNRivZPM6dMAliu2SDjD9Tn8CMDOdUOJentN15ywz4/s1600-rw/67457.png" style="margin-left: auto; margin-right: auto;" title="India’s First Port-Based e-Methanol Plant: A Green Energy Milestone at Kandla" /></td></tr><tr><td class="tr-caption" style="text-align: center;">Representative Image</td></tr></tbody></table><br />India has taken a decisive step toward becoming a global exporter of green energy with the foundation stone laid for the country’s first port-based <b>e-methanol plant</b> at Deendayal Port Authority (DPA), Kandla, Gujarat. The project, inaugurated by Gujarat Chief Minister <i>Bhupendra Patel</i>, Union Minister Sarbananda Sonowal, and Assam Chief Minister <i>Dr Himanta Biswa Sarma</i>, marks a turning point in India’s maritime and energy sectors.<br /><br />e‑Methanol is a synthetic, carbon‑neutral fuel made by combining captured carbon dioxide (CO₂) with green hydrogen produced from renewable electricity. It is designed to replace fossil‑based methanol and serve as a clean energy carrier for shipping, industry, and power generation.<br /><br />A port‑based e‑methanol plant simply means that the facility for producing e‑methanol is located directly at or near a major port. This location is strategic because it c
1476onnects production with immediate maritime use and export.<div><br /><table style="border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; text-align: left; width: 100%;"><thead><tr style="background-color: #f2f2f2;"><th style="border: 1px solid rgb(221, 221, 221); padding: 8px;"><b>Aspect</b></th><th style="border: 1px solid rgb(221, 221, 221); padding: 8px;"><b>Conventional Methanol</b></th><th style="border: 1px solid rgb(221, 221, 221); padding: 8px;"><b>e‑Methanol</b></th></tr></thead><tbody><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Source</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Natural gas, coal</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Captured CO₂ + green hydrogen</td></tr><tr style="background-color: #fafafa;"><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Carbon Footprint</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">High emissions</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Carbon‑neutral</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Cost (2026 avg.)</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">~US$300–400/tonne</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">~US$750–1300/tonne</td></tr><tr style="background-color: #fafafa;"><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Main Uses</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Chemicals, fuels</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Shipping, chemicals, clean energy</td></tr></tbody></table><br /><h2>A Game-Changer for Green Shipping</h2>The facility will produce <b>150 tonnes per day of e-methanol</b>, using renewable power, water, and biogenic CO₂. This green fuel will supply vessels on the busy Asia-Europe trade corridor, positioning India as a competitive supplier of clean energy for global shipping. At just <b>US$750 per tonne</b>, India’s production cost undercuts the global average of US$1,300, making it a cost-effective alternative for international markets.<br /><h2>Investment and Job Creation</h2>The ₹2,300 crore project is a joint venture between DPA and Assam Petro-Chemicals Ltd. (APCL), with a capital contribution ratio of 76:24. Phase I, worth ₹1,200 crore, will add 50 tonnes per day capacity by January 2027, while Phase II will expand to 100 tonnes per day by March 2027. Beyond energy, the project promises <b>3,500 direct and indirect jobs</b>, stimulating the entire green energy value chain around Kandla.<br /><h2>Strategic National Goals</h2>Aligned with Prime Minister Narendra Modi’s <b>Net Zero 2070</b> vision, the plant supports India’s mission of <i>Atmanirbharta</i> (self-reliance) and <i>Make in India, Make for the World</i>. It also complements the government’s maritime expansion plans, including adding 100 new ships to the merchant fleet and positioning India among the world’s top five ship-owning nations by 2047.<br /><h2>Voices of Leadership</h2><ul><li><b>Bhupendra Patel:</b> “Gujarat’s coast will now power the world’s ships with green energy. This plant makes our renewable strength an export.”</li><li><b>Sarbananda Sonowal:</b> “Kandla will become a green-fuel hub on the Singapore-Rotterdam route, opening skilled careers for youth.”</li><li><b>Dr Himanta Biswa Sarma:</b> “Assam, blessed with the Brahmaputra and hydropower, is ready to become a green energy powerhouse.”</li></ul><h2>Wider Maritime Push</h2>The e-methanol project is part of DPA’s larger port development strategy, which includes:<br /><ul><li>A ₹1,520 crore shipbuilding project at Vadinar with Cochin Shipyard Limited</li><li>A proposed greenfield shipbuilding and repair cluster at Porbandar</li><li>India-made containers already being ordered by global shipping giant Maersk</li></ul><h3 style="text-align: left;">Conclusion</h3>The Kandla e-methanol plant is more than an industrial project—it is a symbol of India’s transition to a <b>
1476green energy exporter</b>. By combining renewable innovation, maritime expansion, and cultural unity, India is charting a course toward sustainable global leadership in shipping and energy.<br /></div></div>
1477<script type='text/javascript'>createSummaryAndThumb("summary6428698739756006472","https://www.indianweb2.com/2026/09/indias-first-port-based-e-methanol.html");</script>
1477 1478<div style='clear: both;'></div> 1479</div> 1480<div class='post-footer'> 1481<div class='post-footer-line post-footer-line-3'> 1482<span class='post-location'> 1483</span> 1484</div> 1485</div> 1486</div> 1487</div> 1488<div class='post-outer'> 1489<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 1490<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEge1fNhsQHGx3t2p3f-wJmHIPpaqXenKZqjxvDF-p9oAhvuC-er-o3WGgGh175kiDixmn8l0nCWRvDI6Tq62eZir2o9NkbqHPCCvNh9ayrOt5pzoQA0z0tt05pJlS-Yg57l3PqrUN7tMsVFKbsE5zl_1wZFmI5DmXitZnjfWGj9deOcqMwzli_4q4ROdNo/s1600/67228.jpg' itemprop='image_url'/> 1491<meta content='3676472976850630093' itemprop='blogId'/> 1492<meta content='7140066363961796295' itemprop='postId'/> 1493<a name='7140066363961796295'></a> 1494<span class='post-labelsx'> 1495<a href='https://www.indianweb2.com/search/label/Automobiles' rel='tag'>Automobiles</a> 1496<a href='https://www.indianweb2.com/search/label/Automotive' rel='tag'>Automotive</a> 1497<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 1498<a href='https://www.indianweb2.com/search/label/Electrolyzer' rel='tag'>Electrolyzer</a> 1499<a href='https://www.indianweb2.com/search/label/Green%20Hydrogen' rel='tag'>Green Hydrogen</a> 1500<a href='https://www.indianweb2.com/search/label/low-carbon%20manufacturing' rel='tag'>low-carbon manufacturing</a> 1501<a href='https://www.indianweb2.com/search/label/Manufacturing' rel='tag'>Manufacturing</a> 1502<a href='https://www.indianweb2.com/search/label/Maruti%20Suzuki' rel='tag'>Maruti Suzuki</a> 1503</span> 1504<h1 class='post-title entry-title' itemprop='name'> 1505<a href='https://www.indianweb2.com/2026/09/maruti-suzuki-pilots-300-kw-green.html'>Maruti Suzuki Pilots 300 kW Green Hydrogen Electrolyzer, Pioneering Low‑Carbon Manufacturing in India</a> 1506</h1> 1507<div class='sdate'> 1508<div class='hauth'> 1509<span class='post-author vcard'> 1510<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 1511<meta content='https://www.blogger.com/profile/05826583644091787992' itemprop='url'/> 1512<a class='g-profile' href='https://www.blogger.com/profile/05826583644091787992' rel='author' title='author profile'> 1513<span itemprop='name'>IndianWeb2</span> 1514</a> 1515</span> 1516</span> 1517</div> 1518<span class='post-timestamp'> 1519<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/maruti-suzuki-pilots-300-kw-green.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-26T12:34:00+05:30'>Saturday, September 26, 2026</abbr></a> 1520</span> 1521<span class='post-comment-link spk-title-comment'> 1522<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/7140066363961796295' onclick=''> 1523No comments 1524</a> 1525<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/7140066363961796295' onclick=''>0</a> 1526</span> 1527</div> 1528<div class='post-header'> 1529<div class='post-header-line-1'> 1530</div> 1531</div> 1532<div class='post-body entry-content' id='post-body-7140066363961796295' itemprop='articleBody'> 1533<div id='summary7140066363961796295'><img alt="Maruti Suzuki Pilots 300 kW Green Hydrogen Electrolyzer, Pioneering Low‑Carbon Manufacturing in India" border="0" data-original-height="667" data-original-width="1200" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEge1fNhsQHGx3t2p3f-wJmHIPpaqXenKZqjxvDF-p9oAhvuC-er-o3WGgGh175kiDixmn8l0nCWRvDI6Tq62eZir2o9NkbqHPCCvNh9ayrOt5pzoQA0z0tt05pJlS-Yg57l3PqrUN7tMsVFKbsE5zl_1wZFmI5DmXitZnjfWGj9deOcqMwzli_4q4ROdNo/s1600-rw/67228.jpg" title="Maruti Suzuki Pilots 300 kW Green Hydrogen Electrolyzer, Pioneering Low‑Carbon Manufacturing in India" /><br /><br />Maruti Suzuki India Limited (“Maruti Suzuki”) has commissioned a 300 kW Green Hydrogen (GH₂) electrolyzer plant at its Manesar facility as a pilot project. The hydrogen produced is blended with natural gas and deployed as process fuel in manufacturing operations.<br /><br />The initiative maximizes the use of solar energy generated at Manesar. Power produced during holidays, which would otherwise remain idle, is harnessed to generate Green Hydrogen. The hydrogen is stored and later consumed
1533in production processes. Insights from this pilot will guide the company’s plan to scale green hydrogen adoption across facilities in Haryana and Gujarat.<br /><br />Inspired by parent company Suzuki Motor Corporation’s (“SMC”) philosophy of Sho‑Sho‑Kei‑Tan‑Bi — meaning smaller, fewer, lighter, shorter, and more beautiful — Maruti Suzuki continues to advance resource efficiency and optimize energy requirements.<br /><br />Speaking on the pilot initiative,<b> Mr. Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited</b>, said, “<i>Just like we have adopted a multi-pathway approach for products, we have also embarked on a journey of multiple renewable energy solutions for manufacturing operations. The commissioning of our 300 kW Green Hydrogen plant is aligned with the Government of India’s Green Hydrogen Mission. This, along with expansion of solar, biogas and installation of battery energy storage system reflects our commitment to transition to cleaner and sustainable energy solutions</i>.”<br /><br />He added, “<i>India is emerging as a manufacturing powerhouse, and its competitive position may not depend solely on cost and quality, but also on CO2 intensity. With such initiatives, we are building capability today so that we can support a low-carbon and more energy-efficient manufacturing ecosystem tomorrow. Through multiple clean technologies, we aspire to reduce our carbon footprint in manufacturing operations from the present 615,000 tonnes to 266,000 tonnes in FY 2030-31i.</i>”<br /><br />Several major automakers in India are pursuing clean energy and green hydrogen initiatives alongside Maruti Suzuki, including Tata Motors, Ashok Leyland, Reliance Industries, NTPC, Toyota Kirloskar, and Indian Oil. These projects range from hydrogen mobility pilots to biogas plants and renewable energy integration.<br /><br />Tata Motors partnered with Indian Oil Corporation (IOCL) under the National Green Hydrogen Mission. The Tata company is Runningy pilot projects with hydrogen fuel cell buses and hydrogen internal combustion trucks across routes in Gujarat, Maharashtra, and Delhi NCR.Focus on both fuel cell electric vehicles (FCEVs) and hydrogen ICE truck. Ashok Leyland is collaborating with Reliance Industries to deploy hydrogen buses and trucks in Gujarat.<br /><br />Other auto majors like Hyundai, Honda, Mahindra, and Hero Group are exploring green hydrogen in India, but most of their work is at the pilot or partnership stage rather than full‑scale plants. The most concrete project is Hero Future Energies’ Tirupati green hydrogen plant for Rockman Industries, while Hyundai and Honda are focusing on hydrogen mobility pilots, and Mahindra is aligning with government programs under the National Green Hydrogen Mission.<br /><br />Maruti Suzuki is intensifying its drive to cut carbon emissions across manufacturing by embracing a diverse mix of green energy solutions. These include in‑house solar installations, renewable power sourced from government channels, and long‑term purchase agreements with third‑party providers for solar and wind energy.<br /><br />At its Kharkhoda facility, the company is in the advanced stage of commissioning a 10 Tonnes Per Day (TPD) biogas plant, scheduled for FY 2026‑27. It has also recently deployed a 1 MWh Battery Energy Storage System at the same site.<br /><br />Maruti Suzuki has begun integrating compressed biogas (CBG) as process fuel. The board has approved four CBG projects with an investment of INR 5,610 million. In parallel, Suzuki Motor Corporation (SMC), in collaboration with the National Dairy Development Board (NDDB) and dairy unions, is setting up ten biogas plants across India, three of which are already operational in Gujarat.<br /><br />The commissioning of the pilot Green Hydrogen plant further strengthens Maruti Suzuki’s clean energy portfolio, marking another milestone in its transition toward sustainable manufacturing.</div>
1534<script type='text/javascript'>createSummaryAndThumb("summary7140066363961796295","https://www.indianweb2.com/2026/09/maruti-suzuki-pilots-300-kw-green.html");</script>
1534 1535<div style='clear: both;'></div> 1536</div> 1537<div class='post-footer'> 1538<div class='post-footer-line post-footer-line-3'> 1539<span class='post-location'> 1540</span> 1541</div> 1542</div> 1543</div> 1544</div> 1545<div class='post-outer'> 1546<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 1547<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQ7VVjHiDFHKUNPAruv-1y6qD5s7FrbdqN26E7lkw6YI7uIAJwfFSKb5bN5OusCXXVcT-_0FAKKHJgaBXgIoZBI3vJt3ojNJyz-lJfbsUAPc9ydlyJSvoR1TMKjPBo2PT2pHusucFnYO0aY7T5YNHUgqvKbcCXRs5tXnfTdZYnDgIXwWm50FEZjaOS3HE/s1600/67163.png' itemprop='image_url'/> 1548<meta content='3676472976850630093' itemprop='blogId'/> 1549<meta content='1725523049562121973' itemprop='postId'/> 1550<a name='1725523049562121973'></a> 1551<span class='post-labelsx'> 1552<a href='https://www.indianweb2.com/search/label/Adani%20Group' rel='tag'>Adani Group</a> 1553<a href='https://www.indianweb2.com/search/label/Adani%20Power' rel='tag'>Adani Power</a> 1554<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 1555<a href='https://www.indianweb2.com/search/label/Energy' rel='tag'>Energy</a> 1556<a href='https://www.indianweb2.com/search/label/Merger%20%26%20Acquisition' rel='tag'>Merger & Acquisition</a> 1557</span> 1558<h1 class='post-title entry-title' itemprop='name'> 1559<a href='https://www.indianweb2.com/2026/09/adani-power-restructures-merges-10-units.html'>Adani Power Restructures, Merges 10 Units</a> 1560</h1> 1561<div class='sdate'> 1562<div class='hauth'> 1563<span class='post-author vcard'> 1564<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 1565<meta content='https://www.blogger.com/profile/05826583644091787992' itemprop='url'/> 1566<a class='g-profile' href='https://www.blogger.com/profile/05826583644091787992' rel='author' title='author profile'> 1567<span itemprop='name'>IndianWeb2</span> 1568</a> 1569</span> 1570</span> 1571</div> 1572<span class='post-timestamp'> 1573<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/adani-power-restructures-merges-10-units.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-26T08:13:00+05:30'>Saturday, September 26, 2026</abbr></a> 1574</span> 1575<span class='post-comment-link spk-title-comment'> 1576<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/1725523049562121973' onclick=''> 1577No comments 1578</a> 1579<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/1725523049562121973' onclick=''>0</a> 1580</span> 1581</div> 1582<div class='post-header'> 1583<div class='post-header-line-1'> 1584</div> 1585</div> 1586<div class='post-body entry-content' id='post-body-1725523049562121973' itemprop='articleBody'> 1587<div id='summary1725523049562121973'><img alt="Adani Power Restructures, Merges 10 Units" border="0" data-original-height="937" data-original-width="1679" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQ7VVjHiDFHKUNPAruv-1y6qD5s7FrbdqN26E7lkw6YI7uIAJwfFSKb5bN5OusCXXVcT-_0FAKKHJgaBXgIoZBI3vJt3ojNJyz-lJfbsUAPc9ydlyJSvoR1TMKjPBo2PT2pHusucFnYO0aY7T5YNHUgqvKbcCXRs5tXnfTdZYnDgIXwWm50FEZjaOS3HE/s1600-rw/67163.png" title="Adani Power Restructures, Merges 10 Units" /><br /><br />Adani Power has officially merged 10 wholly owned subsidiaries into its parent company, effective September 25, 2026, following approvals from the National Company Law Tribunal (NCLT) in Ahmedabad and Mumbai. The restructuring consolidates power generation and fuel management units, streamlining operations and reducing compliance overheads.<br /><br />According to <a href="https://www.adanipower.com/-/media/project/power/investors/corporate-annoucement/aplncltorderahmedabad05082026.pdf?utm_source=copilot.com" target="_blank">the formal disclosures</a> submitted to the BSE and NSE on September 25, 2026. The company stated that all c
1587onditions of the scheme have been fulfilled, making the restructuring effective from that date. <br /><br />Notably, Adani Power first announced its plan to merge 10 wholly owned subsidiaries on October 30, 2025, through an official filing with the BSE and NSE, well before the NCLT approvals in August and September 2026. This filing outlined the proposed scheme of amalgamation, listing all subsidiaries to be merged and setting the appointed date as April 1, 2025.<br /><h3>Key Highlights of the Merger</h3><ul><li><b>Effective Date:</b> September 25, 2026</li><li><b>Appointed Date:</b> April 1, 2025 (for accounting and legal purposes)</li><li><b>Approval:</b> NCLT Ahmedabad (Aug 4, 2026) & NCLT Mumbai (Sept 24, 2026)</li><li><b>Impact:</b> Subsidiaries dissolved without liquidation; assets and liabilities transferred to Adani Power</li></ul><h3>Subsidiaries Merged</h3><table style="border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; width: 100%;"><thead><tr style="background-color: #f2f2f2; text-align: left;"><th style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Subsidiary</th><th style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Focus Area</th></tr></thead><tbody><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Adani Power Dahej</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Power generation</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Kutchh Power Generation</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Thermal power (step-down subsidiary)</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Resurgent Fuel Management</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Fuel management</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Mahan Fuel Management</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Fuel management</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Orissa Thermal Energy</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Thermal power</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Korba Power</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Thermal power</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Anuppur Thermal Energy (MP)</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Thermal power</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Mirzapur Thermal Energy (UP)</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Thermal power</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Emberiza Infra Park</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Infrastructure</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Vidarbha Industries Power</td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Thermal power (acquired via IBC resolution)</td></tr></tbody></table><br /><h3>Strategic Rationale</h3><ul><li><b>Simplification:</b> Eliminates multiple legal entities, reducing compliance and administrative costs</li><li><b>Integration:</b> Consolidates assets, liabilities, and operations under Adani Power’s umbrella</li><li><b>Financial Clarity:</b> No new shares issued; equity holdings in subsidiaries cancelled</li><li><b>Risk Management:</b> Vidarbha Industries Power’s negative net worth absorbed without impact due to Adani Power’s stronger balance sheet</li></ul><h3>Market Impact</h3><ul><li><b>Stock Reaction:</b> Adani Power shares closed at ₹202.75 on NSE (Sept 25, 2026), down 1.64% from the previous close</li><li><b>Operational Efficiency:</b> Expected to optimize overheads and strengthen Adani’s position as India’s largest private power producer</li></ul><h3>Risks & Considerations</h3><ul><li><b>Regulatory Oversight:</b> NCLT approvals ensure compliance, but integration of distressed assets like Vidarbha requires careful monitoring</li><li><b>Financial Absorption:</b> Negative net worth subsidiaries could weigh on consolidated reporting if not managed effectively</li><li><b>Sectoral Impact:</b> Consolidation signals further dominance of Adani Power in India’s thermal and renewable energy mix.</li></ul>This restructuring marks a major consolidation in India’
1587s power sector, positioning Adani Power for greater efficiency and scale.</div>
1588<script type='text/javascript'>createSummaryAndThumb("summary1725523049562121973","https://www.indianweb2.com/2026/09/adani-power-restructures-merges-10-units.html");</script>
1588 1589<div style='clear: both;'></div> 1590</div> 1591<div class='post-footer'> 1592<div class='post-footer-line post-footer-line-3'> 1593<span class='post-location'> 1594</span> 1595</div> 1596</div> 1597</div> 1598</div> 1599<div class='post-outer'> 1600<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 1601<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj12nLZh8tpPAWDE4wh3UrlN_wczdXPqtCrIgPfYI923hW1MOHcZRGWVazAbdvhbFam5q0OldHyUN8Q-bHdh2emElLG404G0fajfWDMKGjFqA8hOTxdNLXDg5W9u8ByGT9_HB7C2hxeFFKIFz7qswX-oFI-zg_ADkfAV15eHd9G2B6FRoPb4fQ2P-LATP8/s1600/66980.jpg' itemprop='image_url'/> 1602<meta content='3676472976850630093' itemprop='blogId'/> 1603<meta content='2285553738907558128' itemprop='postId'/> 1604<a name='2285553738907558128'></a> 1605<span class='post-labelsx'> 1606<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 1607<a href='https://www.indianweb2.com/search/label/Compliance' rel='tag'>Compliance</a> 1608<a href='https://www.indianweb2.com/search/label/Crypto%20Exchange' rel='tag'>Crypto Exchange</a> 1609<a href='https://www.indianweb2.com/search/label/cryptocurrency' rel='tag'>cryptocurrency</a> 1610<a href='https://www.indianweb2.com/search/label/Cryptocurrency%20India' rel='tag'>Cryptocurrency India</a> 1611<a href='https://www.indianweb2.com/search/label/FIU-IND' rel='tag'>FIU-IND</a> 1612<a href='https://www.indianweb2.com/search/label/Money%20Laundering' rel='tag'>Money Laundering</a> 1613</span> 1614<h1 class='post-title entry-title' itemprop='name'> 1615<a href='https://www.indianweb2.com/2026/09/india-cracks-down-on-15-crypto-platforms.html'>India Cracks Down on 15 Crypto Platforms</a> 1616</h1> 1617<div class='sdate'> 1618<div class='hauth'> 1619<span class='post-author vcard'> 1620<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 1621<meta content='https://www.blogger.com/profile/05826583644091787992' itemprop='url'/> 1622<a class='g-profile' href='https://www.blogger.com/profile/05826583644091787992' rel='author' title='author profile'> 1623<span itemprop='name'>IndianWeb2</span> 1624</a> 1625</span> 1626</span> 1627</div> 1628<span class='post-timestamp'> 1629<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/india-cracks-down-on-15-crypto-platforms.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-25T16:06:00+05:30'>Friday, September 25, 2026</abbr></a> 1630</span> 1631<span class='post-comment-link spk-title-comment'> 1632<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/2285553738907558128' onclick=''> 1633No comments 1634</a> 1635<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/2285553738907558128' onclick=''>0</a> 1636</span> 1637</div> 1638<div class='post-header'> 1639<div class='post-header-line-1'> 1640</div> 1641</div> 1642<div class='post-body entry-content' id='post-body-2285553738907558128' itemprop='articleBody'> 1643<div id='summary2285553738907558128'><img alt="India Cracks Down on 15 Crypto Platforms" border="0" data-original-height="1920" data-original-width="1920" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj12nLZh8tpPAWDE4wh3UrlN_wczdXPqtCrIgPfYI923hW1MOHcZRGWVazAbdvhbFam5q0OldHyUN8Q-bHdh2emElLG404G0fajfWDMKGjFqA8hOTxdNLXDg5W9u8ByGT9_HB7C2hxeFFKIFz7qswX-oFI-zg_ADkfAV15eHd9G2B6FRoPb4fQ2P-LATP8/s1600-rw/66980.jpg" title="India Cracks Down on 15 Crypto Platforms" /><br /><br />India’s Financial Intelligence Unit (FIU-IND) has <a href="https://www.pib.gov.in/PressReleasePage.aspx?PRID=2308131&reg=48&lang=2" target="_blank">issued non-compliance notices</a> to 15 crypto platforms, including Weex, Blofin, DigiFinex, XT.com, and WhiteBIT, ordering takedown of their apps and URLs for operating illegally in India under the Prevention of Money Laundering Act (PMLA). This marks one of the most aggressive enforcement pushes since India expanded AML rules to cover virtual digital asset providers in 2023.<br /><br />In March 2023, Virtual Digital Asset Service Providers (VDA SPs) were formally brought under India’s Anti‑Money Laundering and Counter‑Terrorist Financing (AML/CFT) framework through the Prevention of Money Laundering Act, 2002 (PMLA). <br /><br />All VDA SPs serving Indian users — whether based offshore or onshore — and engaged in activities such as exchanging virtual assets with fiat currencies, transferring digital assets, safekeeping or administering them, or providing instruments that enable control over such assets, must register with FIU‑IND as Reporting Entities.<br /><br />Under the PMLA and its associated rules, these entities are required to comply with obligations including registration, reporting, record‑keeping, and customer due diligence. Importantly, these requirements are activity‑based and apply regardless of whether the service provider has a physical presence in India. <h2>Key Details of the FIU Action</h2><ul><li><b>Date of action:</b> September 9–24, 2026</li><li><b>Platforms targeted:</b> Weex, Blofin, Rezorex, Bitunix, DigiFinex, Toobit, XT.com, Latoken, WOO X, Pionex, ChangeNow, SimpleSwap, FixedFloat, WhiteBIT, Guardarian</li><li><b>Legal basis:</b> Section 13 of the <b><span style="color: #444444;">Prevention of Money Laundering Act (PMLA), 2002</span></b></li><li><b>Enforcement mechanism:</b> Notices issued under the <b><span style="color: #444444;">IT Act, 2000</span></b> and <span style="color: #444444;"><b>Intermediary Guidelines (2025)</b> </span>to block apps/URLs</li><li><b>Reason:</b> Operating in India without registering as reporting entities with FIU-IND, failing AML/CFT obligations</li></ul><h2>
1643Context and Background</h2><ul><li><b>AML expansion (March 2023):</b> India brought <span style="color: #444444;"><b>Virtual Digital Asset Service Providers (VDA SPs)</b> </span>under AML rules</li><li><b>Past enforcement:</b><br />- 2023: FIU-IND targeted Binance, Kraken, KuCoin; Binance later paid ₹18.82 crore penalty<br />- 2025: Notices issued to 25 offshore exchanges including Paxful and BitMex</li><li><b>User workarounds:</b> Indian users increasingly use stablecoin-to-gift card platforms abroad to bypass Indian exchanges</li></ul><h2>Risks for Indian Users</h2><ul><li><b>Crypto & NFTs remain unregulated</b> in India — no investor protection or recourse for losses</li><li>Platforms named in the FIU list may face <b>sudden service disruptions</b></li><li>Offshore exchanges may <b><span style="color: #444444;">suspend services temporarily</span></b> until compliance is achieved</li></ul><h2>Implications</h2><ul><li><b>For investors:</b> Expect tighter scrutiny, possible account freezes, and mandatory KYC</li><li><b>For platforms:</b> Offshore exchanges must register with FIU-IND or exit the Indian market</li><li><b>For regulators:</b> Reinforces India’s stance that crypto activity must align with AML/CFT frameworks</li></ul><h2>Next Steps You Might Explore</h2><table style="border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; width: 100%;"><tbody><tr style="background-color: #f2f2f2;"><th style="border: 1px solid rgb(221, 221, 221); padding: 8px; text-align: left;">Topic</th><th style="border: 1px solid rgb(221, 221, 221); padding: 8px; text-align: left;">Description</th></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;"><b>FIU compliance rules</b></td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Understand reporting obligations for crypto in India</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;"><b>Crypto regulation in India</b></td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Explore evolving legal frameworks and restrictions</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;"><b>Risks of offshore exchanges</b></td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">Learn about service disruptions and compliance issues</td></tr><tr><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;"><b>Stablecoin gift card workaround</b></td><td style="border: 1px solid rgb(221, 221, 221); padding: 8px;">See how users bypass Indian exchanges with gift cards</td></tr></tbody></table><br /></div>
1644<script type='text/javascript'>createSummaryAndThumb("summary2285553738907558128","https://www.indianweb2.com/2026/09/india-cracks-down-on-15-crypto-platforms.html");</script>
1644 1645<div style='clear: both;'></div> 1646</div> 1647<div class='post-footer'> 1648<div class='post-footer-line post-footer-line-3'> 1649<span class='post-location'> 1650</span> 1651</div> 1652</div> 1653</div> 1654</div> 1655<div class='post-outer'> 1656<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 1657<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPggrcrvtyD4Z7tiSw6-CeC8sfWLfVLfzuCui9g8sdjLx0-IuQzqa5tCqCRtkOQgag_8ZkvAA6QLA8nw3Y6ceajhPTOX24XxKiADkUTxMF15KjPHhhuqPyq1HrKWmhqtkZczhbUNf23I9Sm3mJlHmsCUKtoAGtU9UadSOgc_MlD7wXaV_ev_QkXjRcy0k/s1600/66922.jpg' itemprop='image_url'/> 1658<meta content='3676472976850630093' itemprop='blogId'/> 1659<meta content='8779087008312861422' itemprop='postId'/> 1660<a name='8779087008312861422'></a> 1661<span class='post-labelsx'> 1662<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 1663<a href='https://www.indianweb2.com/search/label/Embassy%20REIT' rel='tag'>Embassy REIT</a> 1664<a href='https://www.indianweb2.com/search/label/Fundraise' rel='tag'>Fundraise</a> 1665<a href='https://www.indianweb2.com/search/label/Investments' rel='tag'>Investments</a> 1666<a href='https://www.indianweb2.com/search/label/NCD' rel='tag'>NCD</a> 1667<a href='https://www.indianweb2.com/search/label/Real%20Estate' rel='tag'>Real Estate</a> 1668</span> 1669<h1 class='post-title entry-title' itemprop='name'> 1670<a href='https://www.indianweb2.com/2026/09/embassy-reit-raises-1000-crores-in.html'>Embassy REIT Raises ₹1,000 Crores in Landmark First Bank Financing at REIT Trust Level</a> 1671</h1> 1672<div class='sdate'> 1673<div class='hauth'> 1674<span class='post-author vcard'> 1675<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 1676<meta content='https://www.blogger.com/profile/03014927700600670133' itemprop='url'/> 1677<a class='g-profile' href='https://www.blogger.com/profile/03014927700600670133' rel='author' title='author profile'> 1678<span itemprop='name'>IndianWeb2 Desk</span> 1679</a> 1680</span> 1681</span> 1682</div> 1683<span class='post-timestamp'> 1684<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/embassy-reit-raises-1000-crores-in.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-25T14:39:00+05:30'>Friday, September 25, 2026</abbr></a> 1685</span> 1686<span class='post-comment-link spk-title-comment'> 1687<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/8779087008312861422' onclick=''> 1688No comments 1689</a> 1690<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/8779087008312861422' onclick=''>0</a> 1691</span> 1692</div> 1693<div class='post-header'> 1694<div class='post-header-line-1'> 1695</div> 1696</div> 1697<div class='post-body entry-content' id='post-body-8779087008312861422' itemprop='articleBody'> 1698<div id='summary8779087008312861422'><img alt="Embassy REIT Raises ₹1,000 Crores in Landmark First Bank Financing at REIT Trust Level" border="0" data-original-height="3794" data-original-width="4054" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPggrcrvtyD4Z7tiSw6-CeC8sfWLfVLfzuCui9g8sdjLx0-IuQzqa5tCqCRtkOQgag_8ZkvAA6QLA8nw3Y6ceajhPTOX24XxKiADkUTxMF15KjPHhhuqPyq1HrKWmhqtkZczhbUNf23I9Sm3mJlHmsCUKtoAGtU9UadSOgc_MlD7wXaV_ev_QkXjRcy0k/s1600-rw/66922.jpg" title="Embassy REIT Raises ₹1,000 Crores in Landmark First Bank Financing at REIT Trust Level" /><br /><br /><b>Becomes the first Indian REIT to access funding from a scheduled commercial bank at the trust level under the RBI's new REIT lending framework</b><br /><br />Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) ('Embassy REIT'), India's first listed REIT and the largest office REIT in Asia by area, today announced that it has raised ₹1,000 crores through the issuance of three-year floating-rate Non-Convertible Debentures ("NCDs"), fully subscribed by a leading European multinational bank.<br /><br />The transaction marks the first financing by a scheduled commercial bank to an Indian REIT at the trust level, following the Reserve Bank of India's landmark framework announced in June 2026 permitting commercial banks to finance REITs. The NCDs have been priced at a spread of 150 basis points over the agreed three-month MIBOR OIS benchmark, translating into an initial coupon of 6.97%.<br /><br /><b>Amit Shetty, Chief Executive Officer of Embassy REIT, </b>said,"<i>This ₹1,000 crore fundraise is a significant milestone for Embassy REIT and for the evolution of India's REIT market. Continued regulatory support from SEBI and RBI has strengthened access to long-term funding for REITs. This new framework opens an important source of institutional capital that c
1698omplements traditional capital market funding and further deepens the financing ecosystem. As India's first listed REIT, we are pleased to once again lead the way with the first bank financing at the trust level. This landmark transaction reflects the strength of our balance sheet, the quality of our portfolio, and reinforces Embassy REIT's position as the strongest credit in Indian real estate</i>."<div><h3>Transaction Highlights</h3><ul><li>₹1,000 crores raised through Embassy REIT Series XVIII NCDs</li><li>Three-year tenor with an initial coupon rate of 6.97%</li><li>Pricing at 150 basis points over the three-month MIBOR OIS benchmark</li><li>Coupon to reset every three months in line with the movement in the benchmark</li><li>Fully subscribed by a leading European multinational bank</li><li>Marks the first financing by a scheduled commercial bank to an Indian REIT at the trust level following the RBI's new REIT lending framework</li><li>NCDs rated "AAA/Stable" by CARE</li></ul><h3>About Embassy REIT</h3>Embassy REIT is India's first publicly listed Real Estate Investment Trust and the largest office REIT in Asia, by area. Embassy REIT owns and operates a portfolio of over 52 million square feet of world-class office spaces across India's key gateway markets, including Bengaluru, Mumbai, Pune, the National Capital Region (NCR) and Chennai. The portfolio comprises 14 premium office ecosystems, including large, integrated office parks and city-centre office assets, and is home to 285 leading global and domestic corporations. In addition to office assets, the portfolio includes strategic amenities such as five operational business hotels, two hotels under development, and a 100 MW solar park that supplies renewable energy to tenants. Embassy REIT's industry-leading ESG programme has received multiple accolades from globally recognised institutions, including GRESB, USGBC LEED, the British Safety Council, among others. In 2023, Embassy REIT was included in the Dow Jones Sustainability Indices, becoming the first REIT in India to be recognised for its sustainability initiatives by a leading global benchmark. For more information, please visit www.embassyofficeparks.com.</div></div>
1699<script type='text/javascript'>createSummaryAndThumb("summary8779087008312861422","https://www.indianweb2.com/2026/09/embassy-reit-raises-1000-crores-in.html");</script>
1699 1700<div style='clear: both;'></div> 1701</div> 1702<div class='post-footer'> 1703<div class='post-footer-line post-footer-line-3'> 1704<span class='post-location'> 1705</span> 1706</div> 1707</div> 1708</div> 1709</div> 1710<div class='post-outer'> 1711<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 1712<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitgFNUdF8qqkuFgfBPC9DGB_zPYUFTRa9ydLcx9NESFpWheTJf2Hz01GuboiOCjZ8wWelkn4yF3DQQ29U6Qh3jOU6lEumR3K6fuvOhGMi83-m6vqyZC1CDIvKffps37lRjCm6B0uGTHiVa1qZxk1REL9_7qttyhrR4F_Q5eDIgAh5mL-PB6voMErjSssI/w400-h400/66675.png' itemprop='image_url'/> 1713<meta content='3676472976850630093' itemprop='blogId'/> 1714<meta content='7874675208785142976' itemprop='postId'/> 1715<a name='7874675208785142976'></a> 1716<span class='post-labelsx'> 1717<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 1718<a href='https://www.indianweb2.com/search/label/Merger%20%26%20Acquisition' rel='tag'>Merger & Acquisition</a> 1719<a href='https://www.indianweb2.com/search/label/SwiftSeed%20Ventures' rel='tag'>SwiftSeed Ventures</a> 1720<a href='https://www.indianweb2.com/search/label/WOI%20India' rel='tag'>WOI India</a> 1721</span> 1722<h1 class='post-title entry-title' itemprop='name'> 1723<a href='https://www.indianweb2.com/2026/09/woi-india-acquires-swiftseed-ventures.html'>WOI India Acquires SwiftSeed Ventures, Appoints Founder Amar Dixit as CEO to Drive Vision 2030 Ecosystem Expansion</a> 1724</h1> 1725<div class='sdate'> 1726<div class='hauth'> 1727<span class='post-author vcard'> 1728<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 1729<meta content='https://www.blogger.com/profile/03014927700600670133' itemprop='url'/> 1730<a class='g-profile' href='https://www.blogger.com/profile/03014927700600670133' rel='author' title='author profile'> 1731<span itemprop='name'>IndianWeb2 Desk</span> 1732</a> 1733</span> 1734</span> 1735</div> 1736<span class='post-timestamp'> 1737<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/woi-india-acquires-swiftseed-ventures.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-24T15:22:00+05:30'>Thursday, September 24, 2026</abbr></a> 1738</span> 1739<span class='post-comment-link spk-title-comment'> 1740<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/7874675208785142976' onclick=''> 1741No comments 1742</a> 1743<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/7874675208785142976' onclick=''>0</a> 1744</span> 1745</div> 1746<div class='post-header'> 1747<div class='post-header-line-1'> 1748</div> 1749</div> 1750<div class='post-body entry-content' id='post-body-7874675208785142976' itemprop='articleBody'> 1751<div id='summary7874675208785142976'><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 0.45 em; text-align: right;width:400px;height:400px;"><tbody><tr><td style="text-align: center;"><img alt="WOI India Acquires SwiftSeed Ventures, Appoints Founder Amar Dixit as CEO to Drive Vision 2030 Ecosystem Expansion" border="0" data-original-height="3000" data-original-width="3000" height="400" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitgFNUdF8qqkuFgfBPC9DGB_zPYUFTRa9ydLcx9NESFpWheTJf2Hz01GuboiOCjZ8wWelkn4yF3DQQ29U6Qh3jOU6lEumR3K6fuvOhGMi83-m6vqyZC1CDIvKffps37lRjCm6B0uGTHiVa1qZxk1REL9_7qttyhrR4F_Q5eDIgAh5mL-PB6voMErjSssI/w400-h400-rw/66675.png" style="margin-left: auto; margin-right: auto;" title="Amar Dixit CEO WOI India" width="400" /></td></tr><tr><td class="tr-caption" style="text-align: center;">Amar Dixit CEO WOI India</td></tr></tbody></table>WOI India has acquired SwiftSeed Ventures, an early-stage investment and startup ecosystem platform, and appointed its founder Amar Dixit as Chief Executive Officer. SwiftSeed will continue to operate as an entity under WOI India, bringing its investor, founder and institutional network into WOI’s India platform.<br /><br />Over the past few years, SwiftSeed has built a network of 500+ investors and 10,000+ founders, operators and ecosystem participants, along with around a dozen startup investments. The platform has also developed partnerships and MoUs with institutions including IIT Delhi, IIM Lucknow and IIM Udaipur and worked with corporate and innovation ecosystems including Maruti Suzuki Innovation and Google’s innovation ecosystem.<br /><br />Dixit has been associated with the IIT Delhi entrepreneurship and innovation ecosystem for several years. He has been part of the core team of IIT Delhi Angels and previously headed eDC IIT Delhi, where he worked with founders and supported ventures emerging from the institution. He also serves on the boards of several growth-stage ventures and advises startups and businesses on strategy, growth, partnerships and ecosystem development.<br /><br />His move to WOI India follows several years of work across early-stage investing, entrepreneurship and ecosystem building. In his new role, he will lead the development of WOI India’s platform and its engagement with founders, investors, institutions, corporates and global ecosystem partners.<br /><br />Commenting on his appointment, Mr Amar Dixit said, “I have had the opportunity to experience entrepreneurship from different sides as a builder, while working with founders, and while working with investors and institutions. Each experience showed me that founders don't just need capital. They need the ecosystem around the capital.”<br /><br />WOI India is developing its platform across six areas — Education, Venture Studios, Community, Centres of Excellence, Infrastru
1751cture and Capital. Its Vision 2030 includes targets to train 1 crore entrepreneurs, build 100 venture studios supporting 10,000+ startups, establish eight Centres of Excellence, develop 30 Startup Parks, 1,000 Startup Cafés and 10 Innovation Cities, and mobilise ₹10,000 crore+ in entrepreneurial capital.<br /><br />With the acquisition, SwiftSeed’s early-stage investment platform and founder-investor community will continue under the WOI India platform. Its existing relationships across founders, investors and institutions will form part of WOI India’s wider ecosystem work.<br /><br />Dixit said, “Some of the biggest opportunities are in the gaps between companies, capital, institutions and markets. That is where I want to spend the next chapter of my career.”<br /><br />At WOI India, Dixit will also oversee platforms including Startup School, DayOne Venture Studio, CEO Square, VC Circle, Centres of Excellence, Startup Park and WOI Angels, while working with universities, corporations, investors, research institutions, governments and international ecosystem partners.<br />About WOI India<br /><br />WOI India is the Indian chapter of WOI.ECO, a UAE-headquartered global ecosystem development company. Its India platform is being developed across Education, Venture Studios, Community, Centres of Excellence, Infrastructure and Capital.<br />About WOI.ECO<br /><br />WOI.ECO is a global ecosystem development company headquartered in Dubai, UAE, working across ecosystem development, venture building, infrastructure, community, education and talent, and capital and investment.</div>
1752<script type='text/javascript'>createSummaryAndThumb("summary7874675208785142976","https://www.indianweb2.com/2026/09/woi-india-acquires-swiftseed-ventures.html");</script>
1752 1753<div style='clear: both;'></div> 1754</div> 1755<div class='post-footer'> 1756<div class='post-footer-line post-footer-line-3'> 1757<span class='post-location'> 1758</span> 1759</div> 1760</div> 1761</div> 1762</div> 1763<div class='post-outer'> 1764<div class='post hentry uncustomized-post-template' itemprop='blogPost' itemscope='itemscope' itemtype='http://schema.org/BlogPosting'> 1765<meta content='https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhzMuDfvADqQfHjE8_7ei1tf99EW0lDQEGOIUF-6CAWiNh-r5CKpoqCaKUsvXEYa06SNBeUmGFUXvva5oP78wxeqyf65ammSX9HS7Zvej8Gyoxcky3_rQ6lmpMZ_vZz7k7m6BUB5HZV9BDE5L12cNcbnKubMg3JDM_I_fVPfUpZVUbJejUD-ASvcGfQONg/s1600/66603.jpg' itemprop='image_url'/> 1766<meta content='3676472976850630093' itemprop='blogId'/> 1767<meta content='4936191839050698125' itemprop='postId'/> 1768<a name='4936191839050698125'></a> 1769<span class='post-labelsx'> 1770<a href='https://www.indianweb2.com/search/label/Aerospace' rel='tag'>Aerospace</a> 1771<a href='https://www.indianweb2.com/search/label/Aircraft' rel='tag'>Aircraft</a> 1772<a href='https://www.indianweb2.com/search/label/Business' rel='tag'>Business</a> 1773<a href='https://www.indianweb2.com/search/label/Defence%20Manufacturing' rel='tag'>Defence Manufacturing</a> 1774<a href='https://www.indianweb2.com/search/label/Make%20In%20India' rel='tag'>Make In India</a> 1775<a href='https://www.indianweb2.com/search/label/Raymond' rel='tag'>Raymond</a> 1776<a href='https://www.indianweb2.com/search/label/Technology' rel='tag'>Technology</a> 1777</span> 1778<h1 class='post-title entry-title' itemprop='name'> 1779<a href='https://www.indianweb2.com/2026/09/raymond-aerospace-secures-fighter-jet.html'>Raymond’s Aerospace Subsidiary Secures Fighter Jet Assembly Win, Enters High-Value Aircraft Structures</a> 1780</h1> 1781<div class='sdate'> 1782<div class='hauth'> 1783<span class='post-author vcard'> 1784<span class='fn' itemprop='author' itemscope='itemscope' itemtype='http://schema.org/Person'> 1785<meta content='https://www.blogger.com/profile/03014927700600670133' itemprop='url'/> 1786<a class='g-profile' href='https://www.blogger.com/profile/03014927700600670133' rel='author' title='author profile'> 1787<span itemprop='name'>IndianWeb2 Desk</span> 1788</a> 1789</span> 1790</span> 1791</div> 1792<span class='post-timestamp'> 1793<a class='timestamp-link' href='https://www.indianweb2.com/2026/09/raymond-aerospace-secures-fighter-jet.html' itemprop='url' rel='bookmark' title='permanent link'><abbr class='published timee' itemprop='datePublished' title='2026-09-24T10:32:00+05:30'>Thursday, September 24, 2026</abbr></a> 1794</span> 1795<span class='post-comment-link spk-title-comment'> 1796<a class='comment-link' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/4936191839050698125' onclick=''> 1797No comments 1798</a> 1799<a class='homec' href='https://www.blogger.com/comment/fullpage/post/3676472976850630093/4936191839050698125' onclick=''>0</a> 1800</span> 1801</div> 1802<div class='post-header'> 1803<div class='post-header-line-1'> 1804</div> 1805</div> 1806<div class='post-body entry-content' id='post-body-4936191839050698125' itemprop='articleBody'> 1807<div id='summary4936191839050698125'><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><img alt="Raymond’s Aerospace Subsidiary Secures Fighter Jet Assembly Win, Enters High-Value Aircraft Structures" border="0" data-original-height="1542" data-original-width="1920" loading="lazy" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhzMuDfvADqQfHjE8_7ei1tf99EW0lDQEGOIUF-6CAWiNh-r5CKpoqCaKUsvXEYa06SNBeUmGFUXvva5oP78wxeqyf65ammSX9HS7Zvej8Gyoxcky3_rQ6lmpMZ_vZz7k7m6BUB5HZV9BDE5L12cNcbnKubMg3JDM_I_fVPfUpZVUbJejUD-ASvcGfQONg/s1600-rw/66603.jpg" style="margin-left: auto; margin-right: auto;" title="Raymond’s Aerospace Subsidiary Secures Fighter Jet Assembly Win, Enters High-Value Aircraft Structures" /></td></tr><tr><td class="tr-caption" style="text-align: center;">Representative Image </td></tr></tbody></table><br />Raymond Limited has achieved a significant milestone in its Aerospace & Defence journey, with its subsidiary JK Maini Global Aerospace Limited has emerged as successful in the tender process conducted by a leading Indian aerospace and Defence OEM for the assembly of wing structures and centre fuselage structures for a major indigenous fighter aircraft programme.<br /><br />This development marks Raymond’s proposed entry into the aircraft structures vertical, expanding its capabilities beyond precision manufacturing into complex, higher-value aircraft assemblies.<br /><br />Importantly, the programme is envisaged to leverage the customer’
1807s existing infrastructure, enabling Raymond to develop capability and establish execution credentials while maintaining a capital-efficient approach.<br /><br /><b>Rakesh Tiwary, Group CFO, Raymond Group</b>, said: “<i>This opportunity is strategically much larger than its immediate business potential. It provides Raymond an entry into the high-value aircraft structures segment while maintaining capital efficiency. More importantly, it gives us an opportunity to establish critical execution credentials that can position Raymond’s subsidiaries for participation in larger aerospace programmes in India and globally. Our focus will be on execution excellence and building this capability into a scalable growth platform.</i>”<br /><br />Raymond Limited now has two core businesses within the Engineering vertical - Aerospace and Defence & Tools and Auto Components. Raymond’s engineering business has forayed into the sunrise sectors of Aerospace and Defence. EV components and caters to international as well as domestic markets. Raymond’s engineering business commands a leadership position in manufacturing files and hand tools and has a significant presence in national and international markets.<br /><br /> </div>
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2090<script> 2091//<![CDATA[ 2092/** 2093 * Timeago is a jQuery plugin that makes it easy to support automatically 2094 * updating fuzzy timestamps (e.g. "4 minutes ago" or "about 1 day ago"). 2095 * 2096 * @name timeago 2097 * @version 1.5.3 2098 * @requires jQuery v1.2.3+ 2099 * @author Ryan McGeary 2100 * @license MIT License - http://www.opensource.org/licenses/mit-license.php 2101 * 2102 * For usage and examples, visit: 2103 * http://timeago.yarp.com/ 2104 * 2105 * Copyright (c) 2008-2015, Ryan McGeary (ryan -[at]- mcgeary [*dot*] org) 2106 */ 2107 2108!function(t){"function"==typeof define&&define.amd?define(["jquery"],t):t("object"==typeof module&&"object"==typeof module.exports?require("jquery"):jQuery)}(function(t){function e(){var e=r.settings;if(e.autoDispose&&!t.contains(document.documentElement,this))return t(this).timeago("dispose"),this;var o=i(this);return isNaN(o.datetime)||(0===e.cutoff||Math.abs(n(o.datetime))<e.cutoff?t(this).text(a(o.datetime)):t(this).attr("title").length>0&&t(this).text(t(this).attr("title"))),this}function i(e){if(e=t(e),!e.data("timeago")){e.data("timeago",{datetime:r.datetime(e)});var i=t.trim(e.text());r.settings.localeTitle?e.attr("title",e.data("timeago").datetime.toLocaleString()):!(i.length>0)||r.isTime(e)&&e.attr("title")||e.attr("title",i)}return e.data("timeago")}function a(t){return r.inWords(n(t))}function n(t){return(new Date).getTime()-t.getTime()}t.timeago=function(e){return a(e instanceof Date?e:"string"==typeof e?t.timeago.parse(e):"number"==typeof e?new Date(e):t.timeago.datetime(e))};var r=t.timeago;t.extend(t.timeago,{settings:{refreshMillis:6e4,allowPast:!0,allowFuture:!1,localeTitle:!1,cutoff:0,autoDispose:!0,strings:{prefixAgo:null,prefixFromNow:null,suffixAgo:"ago",suffixFromNow:"from now",inPast:"any moment now",seconds:"less than a minute",minute:"a minute",minutes:"%d minutes",hour:"an hour",hours:"%d hours",day:"a day",days:"%d days",month:"a month",months:"%d months",year:"a year",years:"%d years",wordSeparator:" ",numbers:[]}},inWords:function(e){function i(i,n){var r=t.isFunction(i)?i(n,e):i,o=a.numbers&&a.numbers[n]||n;return r.replace(/%d/i,o)}if(!this.settings.allowPast&&!this.settings.allowFuture)throw"timeago allowPast and allowFuture settings can not both be set to false.";var a=this.settings.strings,n=a.prefixAgo,r=a.suffixAgo;if(this.settings.allowFuture&&0>e&&(n=a.prefixFromNow,r=a.suffixFromNow),!this.settings.allowPast&&e>=0)return this.settings.strings.inPast;var o=Math.abs(e)/1e3,s=o/60,u=s/60,m=u/24,l=m/365,d=45>o&&i(a.seconds,Math.round(o))||90>o&&i(a.minute,1)||45>s&&i(a.minutes,Math.round(s))||90>s&&i(a.hour,1)||24>u&&i(a.hours,Math.round(u))||42>u&&i(a.day,1)||30>m&&i(a.days,Math.round(m))||45>m&&i(a.month,1)||365>m&&i(a.months,Math.round(m/30))||1.5>l&&i(a.year,1)||i(a.years,Math.round(l)),h=a.wordSeparator||"";return void 0===a.wordSeparator&&(h=" "),t.trim([n,d,r].join(h))},parse:function(e){var i=t.trim(e);return i=i.replace(/\.\d+/,""),i=i.replace(/-/,"/").replace(/-/,"/"),i=i.replace(/T/," ").replace(/Z/," UTC"),i=i.replace(/([\+\-]\d\d)\:?(\d\d)/," $1$2"),i=i.replace(/([\+\-]\d\d)$/," $100"),new Date(i)},datetime:function(e){var i=r.isTime(e)?t(e).attr("datetime"):t(e).attr("title");return r.parse(i)},isTime:function(e){return"time"===t(e).get(0).tagName.toLowerCase()}});var o={init:function(){var i=t.proxy(e,this);i();var a=r.settings;a.refreshMillis>0&&(this._timeagoInterval=setInterval(i,a.refreshMillis))},update:function(i){var a=i instanceof Date?i:r.parse(i);t(this).data("timeago",{datetime:a}),r.settings.localeTitle&&t(this).attr("title",a.toLocaleString()),e.apply(this)},updateFromDOM:function(){t(this).data("timeago",{datetime:r.parse(r.isTime(this)?t(this).attr("datetime"):t(this).attr("title"))}),e.apply(this)},dispose:function(){this._timeagoInterval&&(window.clearInterval(this._timeagoInterval),this._timeagoInterval=null)}};t.fn.timeago=function(t,e){var i=t?o[t]:o.init;if(!i)throw new Error("Unknown function name '"+t+"' for timeago");return this.each(function(){i.call(this,e)}),this},document.createElement("abbr"),document.createElement("time")}); 2109 2110/* language pack start */ 2111 2112/* language pack end */ 2113//]]> 2114</script>
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2149
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2281<script> 2282//<![CDATA[ 2283if($('#back-to-top').length){var scrollTrigger=700,backToTop=function(){var scrollTop=$(window).scrollTop();if(scrollTop>scrollTrigger){$('#back-to-top').addClass('show')}else{$('#back-to-top').removeClass('show')}};backToTop();$(window).on('scroll',function(){backToTop()});$('#back-to-top').on('click',function(e){e.preventDefault();$('html,body').animate({scrollTop:0},700)})} 2284//]]> 2285</script>
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2286<script> 2287//<![CDATA[ 2288function buttonUp(){var a=$(".sb-search-input").val();a=$.trim(a).length,0===a?($(".sb-search-input").val(""),$(".sb-search-submit").css("z-index","-999")):$(".sb-search-submit").css("z-index","99")}$(document).ready(function(){var a=$(".sb-icon-search"),b=$(".sb-search-input"),c=$(".sb-search"),d=!1;$(document).mouseup(function(){!0==d&&(b.val(""),$(".sb-search-submit").css("z-index","-999"),a.click())}),$(".sb-search-input").bind("mouseup",function(a){var b=$(this),c=b.val();""==c||setTimeout(function(){var c=b.val();""==c&&(b.val(""),$(".sb-search-submit").css("z-index","-999"),a.click())},100)}),a.mouseup(function(){return!1}),c.mouseup(function(){return!1}),a.click(function(){!1==d?(c.addClass("sb-search-open"),d=!0):(c.removeClass("sb-search-open"),d=!1)})}); 2289 //]]> 2290</script>
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