11, Dec 2024
ASDC and Steinbeis University Collaborate to Empower Tomorrow’s Automotive Innovators
New Delhi, India, 11th December – Taking a transformative step in fostering international academic collaborations, the Automotive Skills Development Council (ASDC) has signed a Memorandum of Understanding (MoU) with SUTM Steinbeis School for Sustainable Technology & Management GmbH, Germany. This partnership introduces a 1+1 Masters Programme in Business Engineering (MBE), aiming to empower aspiring automotive professionals with world-class education and skills for thriving international careers.
The 1+1 Masters Programme, structured as one year in India followed by one year at Steinbeis University in Germany, will equip young talent with technical expertise, business acumen, and global exposure. It serves as a platform for fostering innovation and excellence in the dynamic automotive sector. Furthermore, this initiative addresses the workforce shortage in European countries by preparing skilled professionals who can excel in international roles within the automotive sector. This unique approach ensures access to global education while minimizing financial burdens. Moreover, the program opens doors to potential job opportunities in Europe, addressing workforce shortages in the region. If students excel, it will enhance the reputation of Indian talent, creating more opportunities in the future. ASDC will also strive to prioritize children from lower-income families, making this initiative more inclusive and impactful.
Speaking about the collaboration, Mr. F R Singhvi, President of ASDC, said,
“This partnership is a testament to our commitment to nurturing globally competitive automotive leaders. By aligning with a prestigious institution like Steinbeis University, we aim to provide our youth with access to cutting-edge knowledge, industry practices, and international career opportunities. The programme is a crucial step toward preparing India’s workforce for the evolving global automotive landscape.”
The initiative is designed to bridge the gap between academic learning and industry requirements, ensuring that students acquire competencies that meet international standards. Steinbeis University, Germany, is renowned for its emphasis on sustainable technology and management, making it an ideal partner for ASDC’s vision of developing a future-ready workforce.
Ms. Garima Jhamb, Assistant Vice President – NEP Implementation, ASDC highlighted the significance of the collaboration, stating,
“At ASDC, we recognize the importance of equipping young minds with the right skills and global perspectives. This Masters Programme in Business Engineering not only opens doors to international education but also empowers students to excel in global careers. It reflects our dedication to creating pathways for Indian talent to shine on the world stage.”
The MBE programme focuses on a multidisciplinary approach, blending technical training with business management. Students will benefit from state-of-the-art resources, real-world project opportunities, and exposure to cutting-edge trends in sustainable technology and automotive engineering.
ASDC’s partnership with Steinbeis University is expected to create a ripple effect, encouraging other organizations in the automotive sector to explore similar international collaborations. By promoting skill development and academic excellence, the initiative aligns with India’s larger goal of becoming a global hub for automotive innovation.
- 0
- By Rabindra
11, Dec 2024
‘Rukhwat’ to Hit Theatres on Dec 27th, Just in Time for the Christmas Season
December 2024: At a press conference held at Ultra Media and Entertainment group office today, the makers of Rukhwat announced that the film would now hit the theatres on December 27, 2024, instead of December 13 to coincide with Christmas vacations. Lead actor Santosh Juvekar and actress Priyadarshini Indalkar also attended the conference.
Speaking at the press conference, lead actor Santosh Juvekar and actress Priyadarshini Indalkar said, “Rukhwat is a traditional Maharashtrian ritual that showcased the skills of the bride in the old days. Over the years, they had been missing out on weddings. It’s a small attempt to revive the traditions that are an integral part of our society through suspense thrillers.”
Actress Priyadarshini Indalkar added, “In this film, the relationship of a couple will be seen as a bond of seven births.” Rukhwat will play an important role in telling the story of two heroes filled with suspense, thrill and traditional values.”
The song ‘Ritu Premveda’, which gives a beautiful feeling of love, separation, and changing shades of seasons, and ‘Lagin Sarai’, which gives the traditional light of lagin ceremonies, have come to you and the audience will get a unique experience when listening to both these songs. There is no doubt that the film will also be heavy as the trailer and songs are fun.
Presented by Sushil Kumar Agarwal and Ultra Media Entertainment Group and produced by Rabri Entertainment. Brinda Agarwal is also a producer and as an entrepreneur, she has always promoted innovation in the field of entertainment and culture. Their visual and product quality will be reflected in “Rukhwat”. The film has been directed by renowned director Vikram Pradhan and has given the audience a variety of unique experiences through his story and cinematography. The film has been directed by renowned director Vikram Pradhan and has given the audience a variety of unique
11, Dec 2024
IVCA President Rajat Tandon Hails Shri Sanjay Malhotra’s Appointment as RBI Governor, Envisions Stronger Fund Management Policies
By-Rajat Tandon, President, IVCA
“The appointment of Shri. Sanjay Malhotra as the RBI Governor marks a new chapter in India’s financial landscape. Under his leadership, IVCA is confident that synchronized regulatory and fund management policies will elevate India’s global investment and innovation reputation. We look forward to co-creating an environment that attracts sustainable growth and positions India as a leading global fund management hub with pools of both domestic and global capital.” – Rajat Tandon, IVCA President.
11, Dec 2024
Hafele India Set to Showcase Innovative Solutions at Acetech New Delhi 2024, Focusing on Space Optimization
Hafele India is set to make a significant impact at Acetech 2024, reaffirming its dedication to delivering solutions that enhance the value of everyday spaces. With a long legacy of excellence and an ongoing commitment to transforming living and work environments, Hafele empowers customers with versatile, efficient solutions tailored to the evolving needs of modern living. After the grand success of Acetech Mumbai, Hafele continues to lead the way in shaping innovative spaces for the future.
This year, Hafele’s booth centres around the brand purpose, “Maximising the Value of Space. Together,” that was introduced last year. This purpose guides Hafele in creating functional, intelligent, atmospheric, and organised environments that adapt to the unique needs of today’s lifestyles. The purpose has been thoughtfully curated to highlight the shared value of maximising potential, a philosophy championed by Hafele’s brand ambassador, Mr. Sachin Tendulkar. Visitors to the booth will embark on an inviting journey through distinct spaces, designed to create an immersive experience that captures Hafele’s seamless blend of innovation, functionality, and style where they will explore how the company’s solutions cater to every room/space.
Mr. Frank Schloeder, Managing Director of Hafele South Asia, stated, “India is a highly promising and dynamic market brimming with opportunity. Year after year, Hafele has achieved outstanding growth here, and we are excited about expanding further. Being part of Acetech 2024 will also give Hafele an opportunity to showcase multiple products including our curtain raisers and emerging innovations as well as highlight our holistic capability as a brand.”
Here’s a short preview of Hafele’s latest advancements in premium appliances, kitchen systems and fittings, lighting systems, surfaces, and water solutions showcased at Acetech 2024:
Appliances:
Luxury Appliances
ASKO Style Series Laundry Solution: Attention to detail and providing innovative solutions for modern living is what sets ASKO appliances apart. The Style series from ASKO encompasses the entire range of laundry care solutions which includes washing machines, tumble dryers, drying cabinets and hidden helpers. These appliances have a full-size front panel made from a single piece of solid steel that surrounds the stylish horizontally brushed aluminium panel.
Falmec’s Shelf 120 cookerhood incorporates a very thin suction element in a shelf structure of only 100 mm thickness, equipped with a removable vane to increase smoke suction capacity. This element with hood function can be enhanced with additional modules to create a versatile hanging furniture system on the wall. Winner of the 2023 Germany Design award, this innovative cookerhood is the icon of concept, high quality of design, innovation and accessibility.
Premium Appliances
Teresa Cookerhoods: First ever cookerhoods with the Filter-Free technology, Teresa cookerhoods offer convenience and a hassle-free experience like never before. Designed with the Indian household in mind, these cookerhoods are efficient, operate with low noise and are a sustainable solution for seamlessly maintaining clean and comfortable cooking environments.
Cronus Digi-Step Hob: Sporting Digital Multi Timers that can be set separately for each burner, and the Graduated Flame Technology which offers multiple flame level options, Cronus Digi-Step Hobs are very convenient to use and deliver precise cooking results.
Small Kitchen Appliances
Magnus Cold Pressed Juicer: It is designed to work at a much slower pace as compared to a regular juicer and is hence able to extract fruit and vegetable juices without applying heat, the absence of which helps retain a maximum number of nutrients.
U-Kaffee Plus Coffee Machine: It can brew you the most delectable shot of espresso, a rich cappuccino or a creamy latte – all in the comfort of your own home. So, while you sit back and turn on your favourite music, U-Kaffee Plus adeptly works to bring out the best coffee with the perfect aroma versus taste balance.
Lighting Solutions:
One Cable: It is a unique furniture lighting solution that offers easy installation into your cabinets. Powered by the Loox 5 drivers, this solution provides a seamless lighting experience across your furniture.
R One Architectural Light: These plug-n-play lights offer a glare-free light output, thanks to the innovative design of the reflector. Featuring multi-white LEDs and integrated Bluetooth Mesh networking, these lights offer a seamless and convenient lighting experience.
Retail Lights: Equipped with high-quality LEDs and narrow refraction angle, Hafele’s Retail lights deliver a focused light output for clear accentuation. With a 360-degree rotation angle and 180-degree vertical pan angle, these lights are most suited for shops and museums.
Kitchen Fittings:
MatrixBox Premium and Premium+ Drawer Systems: This is a robust, functionally efficient and a seamlessly aesthetic solution, the Push-to-open technology for handle-less drawers is enabled by this solution.
MatrixBox Slim Drawer System: With 13 mm thin drawer sides, this solution features simple assembly as well as unrivalled design and flexibility in application. It is suitable for installation in kitchens, bedrooms and bathrooms. MatrixBox Slim comes with 3 height options, 2 side design options (Solid & Décor) and 2 weight carrying capacities (40 & 60 kg); giving you the widest choice for a host of applications.
Free Space: The new Free Space by Hafele offers an innovative stay flap fitting which, with its strong features and universal aesthetics, can be used in furniture across interior spaces. It immediately provides added value and more efficiency when working. Inspired by the requirements of the market of tomorrow, Free space fulfils all demands for creative freedom and choice of material, design, ease of installation and convenient operation on a whole new level.
Project 2 Aluminium Profiles: A unique modular Aluminium profile system, Project 2 offers both structural stability and seamless aesthetics for your kitchen islands. Crafted in line with the latest design trends, this Aluminium profile system comprises of multiple components that enable a flexible installation experience along with various design possibilities, elevating your kitchen aesthetics.
Vauth Sagel Flex Larder System: It offers a flexible, modular storage solution for organizing cabinet interiors. Whether in the kitchen or utility room, it enables customized storage arrangements to meet typical needs around the hob, oven, sink, or washing machine areas.
Surfaces and Water Solutions:
Terra Surfaces: The Terra Range, a Quartz dominated, Hafele’s In-house surface range is composed of colour pigments and binding agents to form a solution that is immensely strong, versatile and creatively workable for a wide array of home applications. It comes with 27 elegant yet contemporary colours that add to the versatility of this range. Cemento, Carbonite, Nebula White, Olympia Gold, Crema Dolce, Bianco Misterio, Crema Champaigne and Pebble are some of its colour options. Each colour has a soul and unique characteristic of its own.
Blanco Range: Long gone are the times when a kitchen was merely used for function, these days it can be the architectural nucleus of your home. Putting this into perspective, Hafele’s range of Silgranit kitchen sinks and faucets by Blanco backed by 60 years of experience and research in market knowledge, engineering proficiency and latest technologies is one of their highlight product ranges. This was conceptualised and created in line with emerging interior trends, engineered for seamless design integration and superior performance in kitchens. Among the standout offerings in this range are the ADIRA, Axia, and Linus S, each showcasing exceptional design and functionality.
The Hafele Booth at Acetech, New Delhi, 2024 promises an interactive experience that will bring visitors closer to our solutions. This approachable setup encourages relatability at all levels, be it a homeowner, a designer or an architect.
Hafele remains committed to enriching living spaces by staying at the forefront of the constantly evolving consumer needs and design trends. Commitment has always been reflected at Hafele’s Acetech Booth, and this year we encourage you to join us at our booth at Acetech 2024 and discover products that embody our dedication to quality, innovation and design excellence.
11, Dec 2024
Delta Electronics Strengthens Partnerships at 11th Industrial Automation Channel Partner Meet
BENGALURU, December 11, 2024 —Delta Electronics India, a leading provider of innovative industrial automation solutions, successfully hosted its 11th Industrial Automation Channel Partner Meet. The event, held from 4th December, 2024 to 7th December, 2024 at Grand Hyatt, Bali, celebrated Delta’s enduring partnerships and commitment to driving the next wave of industrial automation in India and beyond.
Building on the success of the 10th Channel Partner Meet, which marked 15 years of Delta’s operations in India, this year’s event focused on the company’s ambitious plans for product diversification, market expansion, and continued innovation.
Mr. Benjamin Lin, President of Delta Electronics India, stated, “At Delta, our commitment to empowering industries with sustainable and innovative solutions is unwavering. The Channel Partner Meet serves as a testament to our dedication to building strong partnerships and driving growth together in the dynamic industrial automation landscape.”
Product Showcases: The Future of Industrial Automation
At the event, Delta Electronics unveiled its latest cutting-edge solutions, tailored to meet the evolving demands of smart factories and Industry 4.0. Key products included:
Collaborative Robot D-Bot: Designed to enhance smart factory operations, the D-Bot delivers flexible automation and high precision, eliminating downtime and maximizing efficiency. The D-Bot includes six versatile models with payload capacities ranging from 6 to 30 kg and reach pans 800 to 1,800 mm, suitable for diverse operational demands.
Compact Multi-Drive MX300 – Bilateral Installation & Compact Size: The Winning Combination. The MX300 features a multi-axis control by a modular structure with one rectifier module and single/double/triple-axis inverter modules. This significantly saves cabinet space, accessories, and peripheral devices.
Applications Highlighted
Delta’s showcased solutions addressed a variety of industry applications, emphasizing their versatility and adaptability:
- Crane Solution adopts High Performance Vector Control Drive C2000 Plus with built-in anti-sway function
- Winder/Unwinder Solution with High Performance Compact Drive MH300
- Punch Press Application with Standard Compact Drive MS300 and C2000 Plus without DBR (Dynamic Braking Resistor)
- Various General Applications with Sensor less Vector Control Compact Drive VFD-EL-W, suitable for conveyor and woodworking machinery
- Fan, Pump, Compressor Solution encompasses Open-Loop Variable-Torque Standard Drive VP3000 with harmonic distortion (THDi) as low as 35% and high efficiency IE4/IE5 PMa Synchronous Reluctance Motor MSI
- HVAC, Chiller Application with High Performance Liquid Cooled Drive C2000-R and Active Power Filter APF3000 limits the total current distortion factor (THDi) to less than 5%
- Linear Motion Solution with Linear Motor ECM and Linear Pocket Actuator LPL to enhance high-precision assembly performance
- Motion Control Solutions include Standalone Motion Controller AX-8 (Standard)/AX-C (Compact), Advanced Modular Motion Controller AX-5, EtherCAT Remote I/O R1-C, and Programming Software DIADesigner-AX, providing flexibility and the option for electronics assembly and packaging applications
- Compact PLC Solutions with the 3rd Generation Standard/EtherCAT/AIO Brick PLC DVP-ES3/ES3-TEC/EX3, featuring program capacity of 64k steps
- In compliance with FDA 21 CFR Part 11, HMI DOP-300 is suitable for pharmaceutical and food & beverage applications with full lamination and IPS wide viewing angle
Mr. Niranjan Nayak, Managing Director of Delta Electronics India, added, “Our channel partners are integral to our success, and this event underscores our appreciation for their support. With our latest portfolio of advanced automation solutions, we are poised to deliver unmatched value and redefine industrial automation standards in India.
Mr. Manish Walia, Head of Automation at Delta Electronics India, shared, “The Indian industrial automation market is evolving rapidly, and we are well-positioned to lead this transformation. With a robust portfolio of cutting-edge solutions and a strong partner ecosystem, we aim to deliver value-driven results that address the unique challenges of the industrial sector.”
Empowering Partnerships and Driving Growth
The meet served as a platform for channel partners to engage with Delta executives, exchange ideas, and explore collaborative opportunities. Networking sessions fostered discussions on leveraging Delta’s innovative solutions to meet market demands and drive mutual growth.
Partners also received insights into Delta’s strategic plans for market expansion, including entry into untapped sectors and the introduction of new technologies tailored to India’s industrial needs.
Fostering a Culture of Innovation
Delta’s emphasis on customer-centric innovation and its ability to adapt to industry trends have solidified its position as a trusted leader in the industrial automation space. With products designed to enhance operational efficiency, reduce downtime, and integrate seamlessly with existing systems, Delta continues to push the boundaries of what automation can achieve.
11, Dec 2024
Red Aloe: The Desert’s Elixir for Healthy, Glowing Skin
Did you know there’s a fiery-red plant emerging from the sun-scorched deserts of Southern Africa that could revolutionise your skincare routine? Introducing Red Aloe, the vibrant cousin of green aloe and your new personal care essential. With its recent availability in India, you can now elevate your bathing ritual with this powerful, refreshing ingredient.
For years, green aloe has reigned supreme, celebrated for its cooling and soothing properties. Yet, Red Aloe remains a hidden treasure, poised to take the skincare world by storm. If you’re drawn to rare, potent ingredients, this crimson wonder may soon become your next obsession. Here’s what makes it so extraordinary—and why it deserves a spot in your daily routine.
What Sets Red Aloe Apart?
Red Aloe isn’t just another aloe. This unique plant thrives in the harsh deserts of India, where it has evolved to endure extreme heat and dryness. This resilience has resulted in an exceptional concentration of antioxidants—22 times more than green aloe! Its striking red hue, derived from anthocyanins, signals the presence of natural compounds renowned for their protective and nourishing properties.
Picture a plant so resilient it retains moisture even in the driest conditions. Now imagine this strength infused into your skincare routine—delivering hydration and a powerful dose of antioxidants to your skin. That’s the unparalleled magic of Red Aloe, a natural powerhouse unlike any other.
From Desert Origins to Your Skincare Routine
Red Aloe’s journey is as inspiring as its benefits. Cherished for generations by local communities, this desert marvel has long been revered for its vitality and protective properties. Its ability to store moisture in arid environments translates into remarkable hydrating power in skincare.
By adding Red Aloe to your personal care routine, you’re not just enhancing your skin’s health—you’re connecting with a plant that embodies resilience and natural strength. It’s like bringing a touch of the desert’s enduring vitality into your everyday rituals.
Why Red Aloe Is Skincare’s Next Big Trend
Modern personal care goes beyond cleansing and moisturising—it’s about immersing yourself in the richness of nature. Envision starting your day with a Red Aloe-infused body wash, its rich texture and hydrating touch offering a sensory experience unlike any other.
Red Aloe’s intense antioxidant concentration, exotic allure, and unique heritage make it a standout choice for anyone seeking a fresh and elevated approach to skincare. Its soothing, hydrating, and protective benefits blend seamlessly with its cultural legacy, adding an extraordinary dimension to your self-care routine.
Elevate Your Skincare with Red Aloe
Red Aloe is more than an exotic ingredient—it’s a vibrant ally for your skin, combining natural resilience with transformative benefits. Whether you’re looking to nourish, hydrate, or protect, Red Aloe brings the strength of nature to your daily regimen.
Next time you’re exploring personal care products, keep an eye out for this crimson wonder. Let Red Aloe infuse your routine with its soothing touch and antioxidant-rich formula, connecting you to the remarkable beauty of the natural world.
11, Dec 2024
Sankara Eye Hospital Leads the Way in Improving Eye Care Access for Marginalized Populations
Hyderabad, December 11, 2024 – Sankara Eye Hospital, Hyderabad, is proud to announce a significant step forward in its mission to provide accessible eye care to underserved communities. A distinguished delegation from Cholamandalam MS General Insurance Company Limited (Chola MS General Insurance), comprising Mr. V. Suryanarayanan, Managing Director; Mr. Ashish Hallan, President & Chief Operating Officer; Mr. S. Venugopalan, Chief Financial Officer; and Mr. Mahendra Kumar Tripathi, Chief Compliance Officer & Company Secretary, visited the hospital to officially hand over a bus generously donated by their organization in presence of Mr. Gannamraju Viswamohan, Unit Head, Dr Sriram Simakurthy, Vitreo Retina Surgeon , Dr Sirisha Polkampally, Orbit & Oculoplasty, Cataract Surgeon and Dr Vinti Durga Kiranmayi, Vitreo Retina Surgeon.
This donation will serve as a vital resource for transporting rural poor patients from remote villages to Sankara Eye Hospital for free eye surgeries. The hospital conducts regular outreach camps in underserved areas, offering eye check-ups and identifying patients who require advanced care. This bus will ensure seamless access to the hospital, facilitating life-changing treatments for those in need.
Speaking on the occasion, Mr Gannamraju Viswamohan, Unit Head Sankara Eye Hospital Hyderabad, expressed gratitude, stating: “We are deeply thankful to Chola MS General Insurance for their generous contribution. This bus will not only improve access to essential eye care services for rural patients but also underscore the importance of partnerships in driving impactful healthcare initiatives. Collaborations like these empower us to fulfill our mission of eradicating preventable blindness and creating a brighter future for communities in need.”
Chola MS General Insurance’s donation aligns with its commitment to corporate social responsibility, reflecting its dedication to community development and healthcare. Through this collaboration, both organizations aim to create a sustainable impact on public health, particularly for marginalized populations.
Over the years, Sankara Eye Hospital has been steadfast in its mission to eliminate preventable blindness through compassionate and high-quality eye care. Established with the vision of providing world-class eye care to underserved communities, the hospital has conducted over 2.7 million free eye surgeries and has screened millions more through its extensive outreach programs. With decades of unwavering service, Sankara Eye Hospital has become a beacon of hope, hosting over 10,000 rural outreach camps annually and offering a wide range of ophthalmic treatments. This commitment to restoring sight and transforming lives continues to inspire trust and gratitude across the country. The bus donation marks a significant milestone in the joint efforts of Sankara Eye Hospital and Chola MS General Insurance to ensure that Sankara Eye Care can extend its reach to more remove corners and uplift countless lives by reaching the farthest corners of society.
11, Dec 2024
Massive USD 40 Billion EV Investment Forecast by 2030, Paving the Way for Real Estate Growth
Gurugram, 11 December 2024: Around USD 40 billion of investments are envisaged over the next 5-6 years for the development of Electric Vehicles (EV) & ancillary industries in India. However, the deployment of these funds will rely upon successful implementation of government policies, charging infrastructure ramp-up and domestic manufacturing capacity scale-up. As per Colliers’ latest report “EVs in India: Renewed Vigour in Electric Mobility”, about two-thirds of the planned investments, can potentially materialize in the lithium-ion battery segment alone. Interestingly, despite slower than anticipated EV adoption, investment commitments in the EV industry rose over 3X times in the last 3 years. This in itself is a testament to the immense potential, which electric mobility holds in the country.
Share of planned investments for EV over the next 5-6 years
Type of Plants | Planned Investments
(USD billion) |
Percentage Share |
Lithium-ion battery manufacturing | 27.0 | 67% |
OE and EV manufacturing | 9.0 | 23% |
Others | 4.0 | 10% |
Total | 40.0 | 100% |
The planned investments can potentially open up multiple real estate opportunities. It would accelerate land acquisition for setting up of EV and Original Equipment (OE) manufacturing units including lithium-ion batteries. At the same time, with an uptick in EV adoption, increasing need for charging infrastructure would potentially translate into real estate demand for more than 45 million sq ft by 2030.
Amidst slower than anticipated adoption levels, quantum growth in EV sales highly unlikely
With an overall EV penetration rate of 8% in India, Colliers estimates sales of around 2 million EVs in 2024. Although the pace of EV adoption in the country has been commendable, it has not been as brisk as anticipated. Given the tardy progress, especially when compared with the ambitious desire of having 80 million EVs on road by 2030, attainment of set targets looks far-fetched. Although a 6x growth in average annual EV sales (2025-30) is highly optimistic, an eventual realization of EV goals necessitates concentrated efforts in overhauling the EV landscape of the country.
Growth required in EV sales to achieve 2030 targets
Vehicle category | Current penetration levels
(2024) |
Targeted penetration levels
(2030) |
Estimated annual sales in 2024 (million) | Required average annual sales during 2025-30 (million) | Required growth in average annual sales | |
2-Wheelers | ~6% | 80% | 1.2 | 7.3 | 6X | |
3-Wheelers | ~55% | 80% | 0.7 | 4.3 | 6X | |
4-Wheelers | ~3% | 30% | 0.1 | 0.9 | 9X | |
Heavy Vehicles | ~3% | 40% | 0.01 | 0.04 | 4X | |
Total | ~8% | 30% | 2.0 | 12.6 | 6X |
Factors such as significantly higher EV prices (compared to Internal Combustion Engine vehicles), import dependencies and inadequate public charging infrastructure have limited the EV adoption in the country. Thus, in addition to continued government impetus through subsidies and incentives, it becomes highly critical to significantly improve domestic EV manufacturing capabilities. Moreover, it is imperative to focus on lithium-ion battery & ancillary segments and public private partnerships in augmentation of charging infrastructure on highways, expressways and urban agglomerations across the country.
“Although the demand for EVs has picked up in recent years, the target of achieving 30% penetration by 2030 looks like an uphill task. While demand and supply incentives will continue to play a pivotal role in faster adoption of EVs, a multifold increase in EV sales can be fast-tracked by the reduction in production costs and improving affordability with respect to EV price points. Additionally, high-capacity original equipment manufacturing units and large-scale production of lithium-ion battery variants must be high on the EV priority list.” said Badal Yagnik, Chief Executive Officer, Colliers India.
Potential development of ~13,000 acres of land can materialize by 2030
With the rise in domestic production of EVs, about 13,000 acres of land acquisition and development plans can potentially materialize by 2030. Of the potential land development opportunities, more than 80% is likely to come from lithium-ion battery manufacturers. This will provide a significant boost to the EV industry in the country and open multiple real estate opportunities. With growing demand, the industrial and warehousing segment is likely to benefit the most. The segment is likely to witness surge in built-to-suit developments curated for both global and domestic EV manufacturing firms. Technology adept warehouses and automation is likely to become more pervasive and accentuate integration across the EV value chain in India.
“Accelerated growth in the EV industry is bound to positively impact the Indian real estate sector. Supported by supply-side incentives from the government, leading developers are likely to increase their focus on state-of-the-art warehouses. Additionally, over 45 mn sq ft of real estate will be required for building extensive network of public charging stations over the next 5-6 years. Residential and commercial developers too are likely to increasingly integrate dedicated charging stations and parking spots for EVs within their projects. Such practices will provide a competitive edge, aligning with the requirements of corporate occupiers and homebuyers.” says Vimal Nadar, Senior Director and Head of Research, Colliers India.
11, Dec 2024
Executive Chef Lalit Kumar Unveils ‘Baked Trio’ at Skyview By Empyrean
Baked trio (Baked Tiranga Halwa) is the maharastrian desserts. It made with three types of halwa like carrot, Cucumber Halwa and beetroot halwa. The word halwa comes from the Arabic word for “sweet,” and refers to desserts that are cooked with ghee and sugar.
Whether made with noodles (vermicelli), lentils (moong dal), grains (like semolina), or vegetables (like carrots or beets), Indian halwa is a pudding that is absolutely delectable.
Contrary to popular belief, Indian halwa is different from Middle Eastern halva, which is a candy made primarily from sesame seeds.
Ingredients of Baked Trio
For Beetroot Halwa:
4 Beetroot
3 cup Milk
6 tbsp Sugar (sugar free)
2 tsp Ghee
Cardamom powder
For garnishing Dry fruits
For Cucumber Halwa:
3 cup Cucumber
3 cup Milk
1 tbsp Khoya
6 tbsp Sugar
2 tsp Ghee
Cardamom powder
For garnishing Dry fruits
For Carrot Halwa:
1 cup Carrot (English carrot), grated
1 cup Milk
6 tbsp Sugar
2 tbsp Ghee
Cardamom powder
For garnishing Dry fruits
How to Make Baked Trio
Beetroot Halwa:
1.Wash and grated the beetroot, run through the cold water and make a puree of it to get one cup of puree. We have used one bunch of grated beetroot to get one cup.
2.Heat ghee in a wok and add the caramelize beetroot, sauté for 5 minutes and add milk, sugar and stir till it forms a thick mixture. Keep stirring so it does not stick to the wok.
3.When it is done, remove and arrange in a plate at the bottom side.
Prepare Cucumber Halwa:
1.Wash and peel one cucumber. Grate it and squeeze out the water.
2.Heat ghee in a wok and add the cucumber to sauté for 5 minutes.
3.Add the milk, sugar and keep on stirring. Once the milk dries up, add khoya and mix well till it starts to make a thick mixture.
4.Remove when it is done and arrange in the plate for the second layer i.e. white.
Prepare Carrot Halwa:
1.Wash, peel and grate the carrot in a bowl.
2.Heat ghee in a wok and add the carrots to sauté for 5 minutes.
3.Now add the milk and sugar to it. Stir till it forms a thick mixture. Keep stirring to avoid sticking of the mixture.
4.Remove and arrange this above the cucumber halwa i.e. the white layer.
5.Your Tiranga halwa is ready. Garnish with dry fruits of your choice.
11, Dec 2024
ZELIO Ebikes and LoanTap Join Forces to Simplify Financing for Electric Two-Wheelers
11 December 2024: ZELIO Ebikes, a leading player in India’s electric two-wheeler market, has announced a strategic partnership with LoanTap, a leading online personal loan platform, to provide hassle-free financing options for customers. This partnership aims to enhance accessibility and affordability for customers across the country, enabling more EV enthusiasts to purchase ZELIO Ebikes’ diverse range of low and high-speed electric two-wheelers, including the popular X-Men, Gracy, Eeva, and Mystery models.
The collaboration with LoanTap offers a range of customer-friendly benefits that will make the purchase of ZELIO electric scooters more accessible. LoanTap’s flexible repayment plans allow customers to choose repayment terms that best suit their financial situation. The competitive low-interest rates ensure affordable monthly payments, and there are no hidden fees, providing transparency for customers. The quick approval process enables customers to get on the road with minimal delay, while customizable EMI options make it easier for customers to budget their payments. LoanTap also offers grace periods, providing greater repayment flexibility, and the easy-to-use app allows customers to manage their loan details from anywhere, anytime.
ZELIO Ebikes’ partnership with LoanTap will have a direct positive impact on dealers by boosting sales and enhancing customer engagement. Notably, LoanTap has set simple eligibility criteria to make it easier for a larger segment of customers to apply for financing. To be eligible, customers must be at least 21 years old and an Indian citizen.
Mr. Kunal Arya, Co-Founder and Managing Director of ZELIO Ebikes, stated, “As the electric vehicle market in India matures, we are seeing a growing number of consumers who are ready to embrace EVs and are actively seeking financing options to make the transition. This partnership with LoanTap allows us to meet that demand, offering customers accessible and flexible financing solutions. With this collaboration, we’re helping more people make the shift to sustainable transportation while expanding the reach of electric mobility across the country.”
Satyam Kumar, CEO and Co-Founder of LoanTap, added, “We are thrilled to partner with ZELIO Ebikes in promoting electric two-wheelers as the future of sustainable transportation. LoanTap’s flexible, transparent, and customer-first approach to financing makes this collaboration a perfect fit. We are excited to be part of ZELIO’s journey in making electric mobility accessible to more customers across India.”
ZELIO Ebikes dealers will be equipped with all the necessary tools and resources to effectively promote and explain the LoanTap financing options to their customers. This includes training sessions on financing details, dealer engagement activities, and the development of Standard Operating Procedures (SOPs) to ensure dealers are well-prepared to assist customers in making informed purchasing decisions. To further incentivize customers, LoanTap will run special promotions and limited-time offers, ensuring that more customers can benefit from attractive financing deals when purchasing ZELIO Ebikes.
In addition to these efforts, ZELIO Ebikes is committed to closely monitoring the success of its partnership with LoanTap to ensure it drives sales and enhances customer satisfaction at dealerships. This will be done through monthly reports, frequent meetings with dealerships, sales growth tracking, and by gathering dealer feedback and customer satisfaction surveys.
Since its inception, ZELIO Ebikes has quickly become a frontrunner in the Indian electric two-wheeler market, with an extensive network of over 273 dealerships and a growing customer base of more than 200,000 satisfied riders. With plans to expand its dealership network to 400 by March 2025, the company remains committed to providing eco-friendly, sustainable transportation solutions, further driving the adoption of electric mobility across the country.



