2, Sep 2024
Medhavi Skills University and RIICO Collaborate to Bridge Semiconductor Skill Gap
In a strategic move to address the growing talent crunch in India’s semiconductor industry, Medhavi Skills University (MSU) has signed a Memorandum of Understanding (MoU) with Rajasthan State Industrial Development & Investment Corporation Ltd (RIICO) on 28th August. This collaboration aims to implement specialized skill development training in the electronics sector as part of RIICO’s Corporate Social Responsibility (CSR) initiative.
The alliance with RIICO will focus on skilling India’s youth, particularly in semiconductor-specific industrial qualifications. Training programs will be conducted in top educational institutes across Jaipur, Jodhpur, and Udaipur, offering courses such as Semiconductor IC Design and Verification Professional, Semiconductor IC Design Associate, and Introduction to Semiconductors and Integrated Circuits (ICs). These courses are approved by NCVET and aligned with NSQF, ensuring quality and relevance.
With the rise in demand for semiconductors driven by technological advancements in sectors like automotive, consumer electronics, and telecommunications, the need for highly skilled professionals in semiconductor design and technology is more pressing than ever. India’s semiconductor industry will face a shortage of 300,000 skilled professionals by 2027, underscoring the urgent need for specialized training.
The Semiconductor Industry Association (SIA) projects that global semiconductor sales will surpass $1 trillion by 2030, yet India’s contribution to the workforce remains limited due to the prevailing skills gap. The country has produced electronic components worth Rs 18,083.55 crore, reflecting India’s growing role in the global semiconductor ecosystem. However, industry experts note that while investments are in place, a lack of skilled professionals continues to be a barrier to India’s ambition of becoming a semiconductor powerhouse.
Addressing this demand, Medhavi Skills University is leading the charge with industry-aligned education, bridging the gap between academic learning and the evolving needs of the sector. MSU in partnership with Logicknots India Private Limited a fast-growing software company and also NSDC-IIT Guwahati Training Partner), aims to alleviate this gap by providing targeted training in semiconductor design and technology.
MSU’s curriculum, designed in collaboration with Logicknots, is industry-relevant and provides both theoretical knowledge and practical exposure, ensuring that students are equipped with the skills necessary for immediate employability. This strategic partnership with Logicknots will ensure smooth implementation of skill development projects with RIICO.
Speaking on the occasion, Mr. Kuldip Sarma, Co-Founder and Pro-Chancellor of MSU stated, “We are excited to join hands with RIICO in addressing one of the most critical challenges facing the semiconductor industry – the skills gap. Through this initiative, we are not only contributing to the growth of the electronics sector in India, but also supporting the broader Skill India Mission. We are preparing the Indian youth for a future-ready career and strengthening India’s position in the global semiconductor market.”
The partnership between MSU and RIICO is a significant step in fostering an industry-academia collaboration that will create a sustainable talent pipeline for the semiconductor sector.
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- By Rabindra
2, Sep 2024
Krystal Integrated Services Announces Partnership with Nicomac Taikisha Clean Rooms Private Limited
Mumbai, 2nd September 2024 – Krystal Integrated Services, a leading provider of integrated facility management solutions, is pleased to announce a strategic partnership with Nicomac Taikisha Clean Rooms Private Limited. This collaboration aims to enhance operational efficiency and service quality by deploying a workforce that are specialized in Contamination control, Sterilization techniques, Clean room and Safety protocols to support Nicomac Taikisha’s diverse operations.
As part of this partnership, Krystal Integrated Services is going to deploy a total workforce of around 400 individuals to support Nicomac Taikisha’s sites. This includes 125 ITI freshers, bringing fresh talent and skills to the industry, along with 185 unskilled laborers, creating valuable employment opportunities. The various services provided includes Manned guarding, Security surveillance & monitoring, Integrated Building Management Systems (IBMS), Building maintenance, Housekeeping, Mechanized cleaning, Facade cleaning, Food & Beverage management, Water management etc.
Speaking on the partnership, Mr. Sanjay Dighe, CEO and Whole Time Director of Krystal Integrated Services, said, “This collaboration marks a significant milestone for us, as we bring our expertise and dedicated workforce to support Nicomac Taikisha’s operations. It’s a commitment not only to nurture talent but also to drive industry growth. We are confident that our comprehensive services will enhance operational efficiency and contribute to their continued success. This approach demonstrates how private sector initiatives can align with national skill development goals, creating a win-win situation for employees, businesses, and the economy at large.”
A spokesperson Nicomac Taikisha Clean Rooms Private Limited said, “Partnering with Krystal Integrated Services is a strategic move that aligns with our commitment to operational excellence and superior quality. Their extensive experience in facility management complements our innovative cleanroom solutions, allowing us to maintain the highest standards in our operations. We are excited about the opportunities this partnership brings and look forward to achieving new milestones together.”
This strategic alliance is set to leverage the strengths of both organizations, combining Krystal Integrated Services’ expertise in facility management with Nicomac Taikisha’s leading-edge cleanroom solutions. Together, they aim to achieve operational excellence, superior quality standards, and enhanced service delivery.
2, Sep 2024
Best Agrolife Ltd. Receives Patent for Novel Ternary Pesticide Formulation to Combat Major Paddy Pests and Diseases
Mumbai, 2nd September 2024: Best Agrolife Ltd., a leading tech based agrochemical manufacturer in India, has achieved a significant milestone with the patent approval for its novel ternary pesticide formulation. This ground-breaking innovation integrates Isoprothiolane, Pymetrozine, and Trifloxystrobin to deliver dual protection against the most harmful Blast and Blight diseases, as well as the Brown Planthopper (BPH) insects, in paddy and mango crops.
Rice, a staple food for the majority of Indians, is cultivated across diverse agro-climatic conditions and soil types, facing numerous biotic and abiotic constraints. India is the second-largest producer of rice globally, with a cultivation area exceeding 43 million hectares. The country’s rice production, however, is often threatened by several factors, including Blast Disease, Sheath Blight, and Brown Planthopper (BPH).
Blast disease, the most destructive fungal disease impacting rice in India, results in severe yield losses. Similarly, sheath blight is an economically significant disease that can reduce yields by up to 50% in favorable conditions. Additionally, the Brown Planthopper (BPH) poses a major threat to rice production, causing substantial annual yield losses by sucking sap from rice plants and transmitting viral diseases.
Traditionally, farmers have relied on three separate pesticides to manage these devastating diseases and pests. Best Agrolife’s new ternary formulation offers a single, efficient solution that saves time, reduces costs, and promotes healthier crop growth, ultimately leading to higher profits. This innovation is a testament to the company’s commitment to providing comprehensive crop solutions.
Best Agrolife has a robust portfolio of such cutting-edge patented products that have transformed pest management practices in agriculture. The company has also been granted a patent for another groundbreaking innovation: a binary fungicide formulation combining Trifloxystrobin and Valifenalate. While Best Agrolife holds several ternary patents, this marks its first-ever binary patent, further showcasing its dedication to advancing agricultural technologies.
With a focus on research and development, Best Agrolife is poised to introduce more innovative products that address the challenges faced by farmers, ensuring a brighter and more prosperous future for agriculture.
2, Sep 2024
Finolex Cables Unveils Advanced E-Beam Irradiated LT XLPE Solar Cable
New Delhi, September 2, 2024 – Finolex Cables, a leading player in the wire and cables industry, is proud to announce the launch of its new range of E-Beam irradiated LT XLPE Solar Cables, providing exceptional UV and ozone protection. Manufactured in-house at Finolex’s new state-of-the-art E-Beam facility in Pune, these solar cables leverage advanced electron beam technology. This investment in the E-Beam facility is part of a broader Rs 500 crore capex plan announced earlier that included expanding manufacturing capabilities, adopting advanced technologies, and enhancing supply chain infrastructure.
Designed to withstand extreme operating conditions, these innovative solar cables are capable of handling temperatures up to 120°C, with higher current ratings and superior durability making them ideal for demanding industrial applications and large-scale solar installations. Additionally, these cables are environmentally friendly and halogen-free, reducing the release of toxic gases in the event of a fire.
Compared to traditional chemical curing methods, E-Beam technology significantly improves the insulating properties of the cables, allowing them to sustain higher voltages with lower radial thickness and extending their life expectancy to over 25 years. This technology is now operational in-house which will be used for various upcoming products.
“As India accelerates its shift to renewable energy, Finolex Cables is strategically positioned to support the nation’s ambitious goals with our durable and high-capacity solar cables. The government’s target to expand renewable energy capacity to 500GW, including 270GW from solar power, has greatly increased the demand for top-quality and efficient solar cables. With solar power now contributing 18% to India’s total power generation in 2024 and expected to grow further, our solar cables are designed to adapt to the market’s evolving needs. As utilities face growing requirements under the Renewable Purchase Obligation (RPO) to integrate renewable energy, the demand for specialized solar cables is set to rise, making Finolex a crucial partner in India’s renewable energy transition,” stated Mr. Amit Mathur, President – Sales and Marketing at Finolex Cables. He further noted, “At Finolex, we aim to capture approximately 15% of the market over the next two years. We anticipate securing over 70% of this from the retail market by leveraging our extensive network of 200,000 retailers, 5,000 channel partners, and more than 750 distributors.”
Further, with the launch of solar cables to its portfolio, Finolex Cables is also committed to supporting government initiatives such as the Rooftop Solar Yojana (PM SURYAGHAR), which aims to solarize one crore households with an allocation of over INR 75,000 crore. This initiative provides up to 300 units of free electricity per month for solar rooftop systems up to 3 kW capacity, along with easy and affordable loans.
2, Sep 2024
MongoDB Hosts AI App Sessions for Thousands in 3 Indian Cities
From September 10 to 19, MongoDB will be hosting exciting .local events across three major cities in India: Bengaluru, Delhi, and Mumbai. The MongDB.local series provides developers and technology leaders an in-depth look at MongoDB’s latest innovations, as well as educational breakout sessions, real-world use cases, and 1:1 consulting opportunities.
The India events will kick off in Bengaluru, on September 10, 2024, before moving to Delhi on September 12 and Mumbai on September 19.
With a focus on generative AI, attendees at the .local India events will learn how to accelerate the delivery of production-scale, safe AI-enriched apps; unlock the benefits of edge computing; and build intelligent applications powered by semantic search and generative AI over any type of data.
A diverse lineup of MongoDB customers—including Observe.AI, Piramal Capital & Housing Finance Limited, WinZO, CARS24, Adani Group, ICICI Bank, Jio, and many more—will be presenting at the events. Notable industry leaders such as Chandrasekhar Buddha, Chief Coordinating Officer at AICTE, Ministry of Education, Government of India; Sandeep Jain, Founder & CEO of GeeksforGeeks; Shrey Batra, Founder & CEO of Cosmocloud; and Sachin Chawla, VP of India, at MongoDB, will also participate.
With thousands of developers, tech enthusiasts, and senior executives expected to attend, the Indian MongoDB.local events promise to be a platform for learning, collaboration, and innovation, and will help shape the future of technology across India.
2, Sep 2024
Franklin Templeton launches Franklin India Medium to Long Duration Fund
Mumbai, 2 September, 2024: Franklin Templeton (India) announced the launch of its open-ended medium to long duration debt fund – Franklin India Medium to Long Duration Fund (FIMLDF). The fund will look to invest in debt and money market instruments like non-convertible debentures, bonds, certificates of deposits, commercial papers, treasury bills and government securities, while maintaining a duration between 4 and 7 years. FIMLDF will be managed by Chandni Gupta, VP & Portfolio Manager and Anuj Tagra, VP & Portfolio Manager, India Fixed Income, Franklin Templeton.
Commenting on the fund launch and its investment strategy, Chandni Gupta, Vice President & Portfolio Manager, India Fixed Income, Franklin Templeton, said, “FIMLDF will be dynamically managed, allowing it to adjust its duration exposure in response to changing macro environment, and it may be an ideal investment option for investors looking to deploy money in fixed income funds as a part of their strategic investment allocation.”
Anuj Tagra, Vice President & Portfolio Manager, India Fixed Income, Franklin Templeton, added, “We foresee robust domestic economic growth with a shallow rate cut cycle leading to a steeper yield curve. The fund aims to generate accrual income while opportunistically managing duration risk to deliver superior risk-adjusted returns.”
Speaking on the launch of the fund, Avinash Satwalekar, President, Franklin Templeton–India, said, “We are expanding our fixed income range, having identified gaps spanning major categories in the high credit space. FIMLDF caters to investors looking for a product that can adapt to market cycles and invest in quality debt instruments. Our investment team will use top-down analysis to determine portfolio maturity and a bottom-up approach to security selection and aim to invest in a mix of government securities and corporate debt. The Indian market offers great opportunity for long-term players like Franklin Templeton, and we plan to continue bringing innovative solutions, and global best practices to our investors and partners in India.”
2, Sep 2024
GNIPST Hosts MIINDV 2024 Conference with Indian Pharmacy Graduates’ Association
Kolkata, September 2, 2024: Guru Nanak Institute of Pharmaceutical Science and Technology (GNIPST), a premium institution under JIS Group Educational Initiatives, in association with the Indian Pharmacy Graduates’ Association (IPGA), Bengal Branch, successfully organised the International Conference MIINDV 2024 at the Dhana Dhanya Auditorium. The conference, centered around the theme “Make in India Initiative for New Drugs and Vaccines,” brought together eminent personalities from across the nation and abroad. Notable attendees included Prof. David L. Whitford, Vice Chancellor of the University of Cyberjaya, Malaysia; Dr. Montu Kumar M. Patel, President of PCI, Chief Guest of the event; Mr. Deepnath Roychowdhury, Managing Director of Strassenburg Pharmaceutical Ltd.; Sardar Taranjit Singh, Managing Director, JIS Group; Sardar Amrik Singh, Deputy Managing Director, JIS Group; Mr. Simarpreet Singh, Director of JIS Group; Prof. (Dr.) Abhijit Sengupta, Chairman of MIINDV 2024, Director of GNIPST and Mr. Tapan Kumar Chowdhury, Co-Chairman of MIINDV 2024, Vice President of IPGA. Additionally, esteemed academicians like Dr. Atul Kumar Nasa, President of IPGA, and Dr. Dipendra Singh, Chairman of Educational Regulation at PCI, graced the event.
The event commenced with an introductory session, highlighting the key objectives of MIINDV 2024, which included Novel Drug Discovery, Emerging Medical Technologies, Personalised Medicine, Pharmacogenomics, and Green Pharmaceutical Manufacturing. A significant highlight of the conference was the signing of a Memorandum of Understanding between the University of Cyberjaya and GNIPST, following a keynote address by Prof. Whitford on Type II Diabetes and its interventions. The event also featured award ceremonies, technical sessions led by experts like Prof. (Dr.) Shyamnandi of ICMR, and insightful presentations on various pharmaceutical advancements. The conference concluded with a vote of thanks by Mr. Partha Saha, Organising Secretary of MIINDV 2024, followed by the distribution of awards to the top three poster presenters, recognising their outstanding contributions.
Speaking on the occasion, Sardar Taranjit Singh, Managing Director, JIS Group said, “The successful organisation of the MIINDV 2024 International Conference marks a significant milestone for Guru Nanak Institute of Pharmaceutical Science and Technology and the JIS Group on the whole. We are deeply committed to advancing pharmaceutical education and research, and this event has provided a crucial platform for knowledge exchange and collaboration. The discussions on novel drug discovery, emerging medical technologies, and green pharmaceutical manufacturing are particularly relevant as we align with the ‘Make in India’ initiative to contribute meaningfully to the global healthcare landscape. Our partnership with the University of Cyberjaya further solidifies our commitment to develop and promote international collaborations that drive innovation in the pharmaceutical sector.”
2, Sep 2024
Alliance Française Du BengaleAndTechno India University, West Bengal Join Forces To Launch Salt Lake Annex
Kolkata, 02-09-2024 – Alliance Française du Bengale (AFdB) is proud to announce the signing of a historic Memorandum of Understanding (MoU) with Techno India University (TIU), West Bengal, solidifying a partnership that has flourished for over a decade. With the vision of strengthening the Indo-French bilateral linguistic and cultural cooperation within the Great Eastern Region of India, this collaboration marks the launch of the Salt Lake Annex of Alliance Française du Bengale, located on the Techno Main Salt Lake (TMSL) campus.
The signing ceremony will be held on August 29, 2023 (Thursday) at 2:00 pm at the premises of AllianceFrancaise du Bengale (57A Park Street, Park Mansions, Gate 3, Flat-15, Kolkata- 700016) in the gracious presence of Mr. Nicolas Facino, Director-Alliance Francaise du Bengale and Mr. Meghdut Roychowdhury,Executive Director & Chief Innovation Officer- Techno India University, West Bengal.
The MoU aims to establish the “Franco-Indian Centre of Excellence for Language and Culture,” a unique initiative designed to promote the French language and culture while facilitating academic collaborations between France and India. The partnership will see the creation of annexes dedicated to offering French language courses at three key locations: Techno India University, Techno Main Salt Lake, and various schools within the TIU group.
The Salt Lake Annex will offer French courses for children and adults every Saturday and Sunday. These courses will be open to both students of TIU/TMSL and the general public, with special discounts available for TIU/TMSL students.
Mr. Nicolas Facino, Director of Alliance Française du Bengale, expressed his enthusiasm for the partnership, stating, “This collaboration with Techno India University, an institution as dynamic and internationalized as Techno India, marks a significant step forward in our mission to promote the French language and culture in Eastern India. The Salt Lake Annex will serve as a vibrant hub for academic excellence and cultural exchange, bringing the best of France to the heart of Kolkata.”
Mr. Meghdut Roychowdhury, Executive Director & Chief Innovation Officer- Techno India University, West Bengal added, “This collaboration represents a powerful step towards nurturing a global perspective within our educational ecosystem. By bringing the rich heritage of the French language and culture closer to our students and the community, we are not just broadening their linguistic skills but also their worldview, fostering a true spirit of international cooperation. Having studied at HEC Paris and being personally connected to France through my wife, Pauline, this partnership holds special significance for me as it brings a cherished part of our lives into the heart of our academic community.”
The launch of the Salt Lake Annex reflects the enduring partnership between Alliance Française du Bengale and Techno India University, West Bengal, deepening the cultural and educational connections that unite France and India.
2, Sep 2024
MARS Cosmetics Partners with Shoppers Stop to Expand Retail Presence Across India
New Delhi, 02 September 2024 ||MARS Cosmetics, a premier name in the beauty industry, is thrilled to announce its strategic partnership with Shoppers Stop, one of India’s most renowned retail chains. This collaboration aims to make MARS’ high-quality beauty products accessible to a broader audience across the country. In the upcoming days, MARS products will be available in 7 Shoppers Stop locations across key cities, including Ahmedabad, Pune, Bangalore, Kolkata, Vijayawada, Noida, and more.
This collaboration underscores MARS’ commitment to enhancing customer accessibility and convenience. The company plans to expand its presence to 40 Shoppers Stop stores across the country by the end of this fiscal year by offering a wide range of beauty products to customers in every corner of India.
Rishabh Sethia, Director & Business Administrator of MARS Cosmetics, shared his excitement about the partnership, stating, “We are thrilled to collaborate with Shoppers Stop, a brand that shares our commitment to quality and customer satisfaction. This partnership aligns with our mission to make MARS Cosmetics accessible to beauty enthusiasts across India. With our products now available at Shoppers Stop, we’re confident that our customers will enjoy a seamless shopping experience and also we look forward to expanding our presence even further in the coming months.”
MARS Cosmetics is known for 100% vegetarian & cruelty-free, innovative, and affordable beauty products designed for the modern consumer. The collaboration with Shoppers Stop is set to enhance MARS’ retail footprint and provide customers with easier access to their favorite beauty products.
2, Sep 2024
Sightsavers India Fellows Graduate Ophthalmology Programme
Mumbai, 2nd September, 2024: Sightsavers India is proud to announce the successful completion of the India Fellowship Programme by a distinguished group of young ophthalmologists. This 24-month fellowship, running from August 2022 to July 2024, was designed to provide comprehensive training and hands-on experience in eye care, especially rural eye care.
The six graduating fellows – Dr. Mohd Saif, Dr. Reshma Sonowal, Dr. Faizah Shahreer Ahmad, Dr. Aniza Nagpal, Dr. Saamragye Srivastava, and Dr. M. Srinivasan Gounder -received their specialized training at two of India’s premier eye care institutions, Dr Shroff’s Charity Eye Hospital, Delhi and ICare Noida. Over the course of the programme, they extended critical ophthalmic services to underserved rural communities, significantly enhancing the availability of eye care in these regions.
Achievements of the Fellows
· The graduating cohort addressed the need for quality eye care services in rural pockets across Rajnandgaon (Chhattisgarh), Jhabua and Satna (Madhya Pradesh), Kalahandi (Odisha), Kasganj (Uttar Pradesh), and Hazaribagh (Jharkhand).
· They extended OPD services and undertook comprehensive clinical assessments of over a lakh rural beneficiaries and performed cataract surgeries for more than 14,000 individuals. Additionally, they participated in outreach camps in remote areas, offering their expertise to those who needed it the most.
· They actively participated in the RAAB (Rapid Assessment of Avoidable Blindness) survey in Samastipur, Bihar which aimed to estimate the prevalence and causes of avoidable blindness and visual impairment in people above 50 years of age and yielded a helpful amount of data.
The India Fellowship Programme by Sightsavers India is a testament to the organization’s commitment to eliminating avoidable blindness and promoting equal opportunities for visually impaired individuals. By training and deploying skilled ophthalmologists in rural areas, the Fellows are making a tangible impact on the eye health sector.
“The success of our fellows is a proud moment for Sightsavers India. Their hard work and perseverance have brought hope and vision to thousands in rural communities,” said RN Mohanty, CEO of Sightsavers India. “We are especially proud of the fact that they ventured into rural India and performed extensive fieldwork. They have set a high standard for future fellows and have made a lasting impact on the communities they served. We look forward to welcoming more dedicated fellows in the coming years and continuing our mission to eliminate avoidable blindness.”
