Luminous Power Technologies, India’s leading energy solutions company, has made a dynamic presence at the Smart Energy India Expo 2024 by showcasing its cutting-edge solar solutions at this significant event. With the widest array of solar products and solutions and end-to-end project management capabilities, Luminous aims to provide effective solutions that cater to the distinct needs of Residential, Commercial, and Industrial segments.
This three-day event serves as a crucial platform for connecting India’s fast-growing renewable energy sector. Luminous Power Technologies leveraged this opportunity to showcase their latest innovations in off-grid storage-based and grid-connected solar solutions. The products displayed in the solar inverter category were NXG, NXG PRO, Solarverter, Solarverter PRO, Solar NXE, and GTI NXI covering the capacity range from 500 VA to 10 KVA for off-grid storage-based solutions and 3KW to 110KW for a grid-connected solution. In the solar panel and solar battery categories products in the range of 40W to 550W and 40Ah to 200Ah respectively were showcased.
Commenting on the participation, Amit Shukla, Senior VP & Business Head, Energy Solutions, Luminous Power Technologies said, “Luminous recognizes India’s significant potential in the renewable energy market and has been at the forefront of product and service innovation to transform the landscape of sustainable energy storage. We are excited to participate in the Smart Energy India Expo 2024, as it serves as an excellent platform for exchanging pathbreaking ideas and technologies in the renewable energy sector, fostering collaborative efforts towards a more sustainable and environmentally conscious future. Our pioneering product range is a testament to our continuous commitment to innovation and this expo provides a fantastic opportunity for us to spotlight those advancements in the energy solutions space, offering smarter solar solutions to power homes and businesses.”
With over 35 years of expertise, Luminous has been creating innovative and technology-driven products, establishing itself as one of the most trusted and reliable brands in India. A pioneer in providing renewable energy solutions, the company is on a mission to deliver transformative solutions and aims to guide its consumers through every facet of their Solar Journey. As a company, Luminous is well-positioned to leverage the vast potential of solar energy. Its dedication to R&D and product innovation has led to the introduction of a range of products that are not only enhancing its competitive advantage but also contributing significantly to a more sustainable future. The upcoming launch of the new state-of-the-art PV Panel factory will also mark a pivotal milestone in Luminous’ journey in driving continuous evolution in sustainable energy space.
Bengaluru 19th Jan 2024 : PhonePe today announced that it has contributed to over 65% growth for two-wheeler digital Insurance in India, over the last 2 years. In a shift indicative of the evolution of the Indian insurance industry and growing consumer trust, there has been a notable surge in the adoption of digital channels for purchasing insurance. The company has also facilitated over 75 million vehicle insurance quotes and 400 million quotes across insurance products.
PhonePe started offering Insurance on its platform in September 2021, and since then has sold over 9 million overall policies, with over 4 million being sold in the last year alone. The digital insurance market is growing at a CAGR of 24%, with a large part of this growth coming from PhonePe.
Having disrupted the market with motor insurance products, PhonePe recently introduced a unique monthly premium plan for health insurance – a first-of-its-kind initiative in the industry. This move is driven by two critical insights; The convenience of monthly payments, extending beyond credit card/EMI users to encompass everyone. This departure from lump-sum payments involves actual monthly payouts, thereby easing the financial burden for our users. It also empowers our users to opt for more extensive insurance coverage, due to enhanced affordability, without compromising on savings. Also, the transparency in selecting the appropriate coverage is reflected in the Average Transaction Size (ATS) with an increasing number of users opting for comprehensive protection.
Commenting on the milestone Vishal Gupta, CEO of PhonePe Insurance said, “PhonePe’s innovative approach and customer-centric solutions have played a pivotal role in reshaping the landscape of the digital insurance space. True to its ethos of positive disruption, PhonePe is revolutionizing the insurance buying experience in India. Our monthly premium plan for health insurance is another step in our commitment to providing innovative, customer-friendly solutions that truly address the needs of the modern Indian consumer. What sets PhonePe apart is its strategic partnerships with industry leaders, bringing deep expertise to co-create tailor-made offerings for its expanding customer base. These partnerships not only reflect the industry’s trust in PhonePe but also underline the efforts it has made in enhancing and simplifying customer journeys.’’
Saudi Arabia, January 19, 2024: Ricky Brabec put in a blistering performance to take his first stage victory of the 2024 Dakar as the finish line draws closer.
With just three days of rallying remaining, there was going to be no let-up on stage ten with more challenges ahead. The day held a total riding distance of 609 km with a 371 km special that would include fast sandy plateaus, some off-piste sections which would really test their navigation skills, and just to throw in some extra confusion, there would still be tracks on the route from stage one and the prologue which could really disorientate them.
After taking the top three spots yesterday it meant that Adrien Van Beveren would be handed the not-so-easy task of opening stage ten followed by Ricky Brabec and Pablo Quintanilla. In what has proven to be a burden to not have any tracks to follow because so much time can be lost, Van Beveren and Brabec shared the duties after 100 km so that they could give themselves the time bonuses on offer today.
Brabec was completely unfazed by riding at the front as the laid-back American acquired over two minutes in bonuses and now has a cushion of nearly eleven minutes in the overall standings to Ross Branch.
Van Beveren found some of the navigation quite complex which caused him to get lost near the end of the stage. Regardless, he soldiered on to finish in third just 20 seconds behind Brabec as he also accrued a healthy four and half minute in bonuses which has seen him cut the deficit overall to second placed Branch. It’s ‘game on’ for the Frenchman who has excelled in this second week of rallying.
Participating in his ninth Dakar Rally, José Ignacio Cornejo has put in some great, consistent performances over the past twelve days and today was no exception. It was all about the number two for the Chilean as despite some small navigational errors he ended the stage in second, an astonishing two seconds behind Brabec, and is now two minutes and two seconds behind Van Beveren for that final podium position.
After getting caught out with the navigation, Pablo Quintanilla rode with Branch and Toby Price to the end of the stage playing it safe as a group to finish the day in eleventh.
The penultimate day looms on the horizon as the battle for the podium positions continue as they head east to Yanbu, across rugged terrain from AlUla where the Red Sea will greet the riders at the end of a draining 480 km special stage.
Ruben Faria (General Manager)
“Tomorrow is stage eleven and David Castera (Dakar Rally organiser) has said it’s going to be the most difficult stage so we need to take care. Ricky will open it with Nacho and Adrien just behind in support, but they are also fighting for the podium.”
Pablo Quintanilla 7 (Stage: 11th; Overall: 11th)
“We were expecting a not-so-difficult day but in the end it was pretty tough with a lot of rocky sections and hard navigation. The last part was not easy to navigate with some tricky notes between the rocks and valleys. It didn’t make much sense for me to push in these conditions when I didn’t feel so confident, it was a case of managing to get to the end safely.”
Ricky Brabec 9 (Stage: 1st; Overall: 1st)
“The day was good although the navigation wasn’t easy. In the first 50 km I was riding into the sun so that was difficult and then once I’d caught Adrien we rode together the whole way. We made some little mistakes here and there, but we came out in a good position for tomorrow and the last day. With two days left we have a little bit of a lead so let’s see what happens tomorrow.”
José Ignacio “Nacho” Cornejo 11 (Stage: 2nd; Overall: 4th)
“It was a tough stage as I woke up with a sore throat this morning. I just tried to push as much as I could without making any navigation mistakes, I made a couple of small ones but nothing major. The fight for the podium is tight so I’ll keep doing my best until the very end.”
Adrien Van Beveren 42 (Stage: 3rd; Overall: 3rd)
“I was expecting another fluid and fast stage but it was far from that. The navigation was tricky and difficult and I really tried to manage it and not get lost. At any rate, coming in first with Ricky after leading the way for so long is yet another solid performance. It’s starting to take a toll physically, and this could tip the scales, but we’ll see how it goes, there are still two days left and we need to stay focused.”
New Delhi, January 19, 2024: Shradhanjali, an annual tradition by Birju Maharaj Parampara, served as a heartfelt tribute to the illustrious lives of Smt. Annapurna Devi Ji and Pandit Birju Maharaj Ji at India Habitat Centre in Delhi. Their enduring influence continued to shape the world of classical art, exemplifying values that resonated through their children and grandchildren.
As the death anniversary of Ammaji was commemorated, this year’s Shradhanjali promised an unforgettable experience. The event kicked off on the 18th with a mesmerizing performance by Shri Tribhuwan Maharaj, followed by a soul-stirring vocal presentation by Sushri Vidhi Sharma and a tabla recital by the renowned Pt. Yogesh Samsi.
The feeling each time was special because they were not just our parents; they were also our teachers, who had taught us not just our art but also our way of life. A legacy is something that a person leaves behind to be remembered by, and looking around that day, it was clear that the legacy of both Amma and Babu was undeniable. We will forever strive to build on that legacy further and take it to new heights. It was bowed heads as we honored their lives that day and forever.
In keeping with tradition, the Parampara proudly announced the annual scholarship awarded in the name of Smt. Annapoorna Devi Ji. This year’s deserving recipient was Trisha Gulati, a testament to our commitment to nurturing and supporting emerging talent.
The event was gracefully anchored by Smt. Sadhana Srivastav Ji, ensuring a seamless and immersive experience for the audience.
Attendees joined us on the 18th for Shradhanjali, a celebration of art, heritage, and a tribute to the immortal souls who continue to inspire us.
Details for the 19th January 2024 were announced at the end of the 18th January event, featuring performances by Pt. Jaikishan Maharaj Ji, Ratesh and Rajnish Mishra, Pt. Vishwamohan Bhatt Ji, and Salil Bhatt Ji in a Jugalbandi of Veena Vaadan.
Mumbai, 19th January 2024: Save the Date for a Spectacular Celebration! Amazonia, renowned for its enchanting rainforest theme, mouth-watering multi-cuisine delights, and the city’s most loved party place, celebrates its 1st anniversary with a two-day extravaganza unlike any other. Get ready for electrifying live music on 19th January, where you can dance and let loose. Then, on the 20th, Into The Wild bar nights get enchanting with a themed anniversary bash featuring killer cocktails, epic music, and unforgettable vibes!
Prasuk Jain, Founder and Managing Director of Amazonia BKC said “Our mission was to craft a space that transcends ordinary dining and transports guests to the heart of the Amazon. We are thrilled to see the positive response that Amazonia has garnered since its launch. We strive to create superior dining experiences for every visitor. I would like to thank all our patrons for making us one of the preferred F&B destinations of the city.”
Step inside and you will be whisked away to a lush rainforest oasis that exudes an aura of extreme glamour and tropical vibes. The “shrubbery chic” decor adorned with exotic flora and gargantuan animals as centerpieces and section dividers will leave you breathless, while the most delicious and innovative cuisine will tantalize your taste buds. The lively atmosphere is infectious and will have you coming back for more.
The culinary team at Amazonia brings sheer delight to the guests with their mastery of crafting delectable dishes that appeal to all age groups. From Japanese and Korean to Thai and Italian, the menu boasts a variety of delicious and approachable options, including salads, grills, sushi, bites, fish, and meat, ensuring even the pickiest of appetites are satisfied.
In just one year, Amazonia has carved a niche in the heart of Mumbai, offering a welcome respite from the urban cacophony. As Amazonia marks its first anniversary, raise a toast to many more years of tranquil escapes, vibrant flavours, and unforgettable experiences.
19th January 2024,– Following the announcement of Kankanala Sports Group (KSG) signing an exclusive nine-year partnership with FIM E-Explorer to oversee races in India, KSG is excited to announce INDE Racing as a new team for the 2024 FIM E-Xplorer season.
This announcement marks India’s first FIM-licensed team in history which also means that it is the first Indian team to compete in any officially-sanctioned international competition.
INDE Racing is set to participate in every round of Season 2, spanning from February to November, traversing the challenging tracks in Japan, Norway, France, Switzerland, and culminating in a triumphant homecoming to India.
Abhishek Reddy Kankanala, the founder of Kankanala Sports Group and INDE Racing, said: “Despite the growing interest in motorsports in India, we have always missed a competitive independent team to cheer for. With the launch of INDE Racing, we aim to break new grounds in Indian motorsports, not only on the racetrack but also in promoting sustainability, gender equality, and the spirit of innovation.”
“By establishing India’s first global motorsports team, we want to inspire a new generation of Indian riders and showcase the nation’s prowess in the world of racing.”
INDE Racing’s resolute pursuit of victory is evident in its meticulously assembled team, celebrating the very best of both Indian and international talents.
The team’s lineup will feature Indian trailblazer, Aishwarya Pissay, Asia’s first female athlete to win a world championship in 2-wheel motorsport. Pissay is poised to represent her homeland across the globe and challenge for another World Title.
“It’s truly exciting to be part of India’s first FIM-licensed team in history. Being able to be part of a project aiming to represent all Indians worldwide and make them proud is a unique opportunity”, said Aishwarya Pissay.
Accompanying her are two seasoned international riders, including Canadian rider Spenser Wilton and Spanish rider Sandra Gomez, the reigning champion of the FIM E-Xplorer World Cup.
“Winning last season was fantastic and now taking on the opportunity to potentially repeat that with this new team in the competition is exciting. Also, I’m thrilled to be part of a project and a team championing gender equality in India and that is also trying to grow motorsports in a country with unparalleled potential”, punctuated Sandra Gomez.
Nevertheless, the team is still looking for a competitive Indian male rider to complete a roster aimed to raise India to the top.
Carina Munte, FIM E-Xplorer Co-Founder, added: “We are thrilled to welcome INDE Racing to our Championship in 2024. Having a pioneering motorsport team from India onboard spotlights how E-Xplorer is pushing boundaries across the globe. Their presence promises to be a significant driver of enthusiasm for a strong Indian fanbase and will act as a catalyst for the promotion of e-mobility and electric motorsport worldwide.”
To master the demanding courses and elevate their performance, INDE Racing has collaborated with KTM34 garage, situated in Europe’s largest moto complex in Mauguio’s Motopark in France. This partnership ensures that the team’s bikes are professionally tuned, delivering the maximum performance capability.
As INDE Racing prepares to join the global racing scene, it stands as a testament to India’s rising prominence in the world of sports.
India, January 19, 2024: Satin Creditcare Network Limited (SCNL), a leading microfinance institution in India, has been awarded the prestigious Gold level in Client Protection Certification by the global rating agency MicroFinanza. This accreditation, in accordance with the new Client Protection Certification Framework promoted by SPTF and CERISE, comes after a thorough review of the company meeting the most rigorous standards of client protection found in the universal standards for Social Performance Management through its offering of responsible credit.
As a responsible corporate entity, SCNL has consistently undertaken conscious efforts to uphold fair practices, adhering to globally accepted standards, and functioning as an accountable lender to those at the bottom of the pyramid, thereby underscoring its testament to this recognition.
This certification thoroughly evaluates institutions across a varied spectrum of parameters including appropriate product design and delivery, prevention of over-indebtedness, transparency, responsible pricing, fair and respectful treatment of clients, privacy of client data, mechanisms for complaint resolution and governance and HR to determine the degree of client protection practices followed across the loan cycle.
Commenting on the certification, Mr. HP Singh, CMD of Satin Creditcare Network Limited, said, “Receiving the highest level of recognition in our first attempt without the need for any adjustment phase fills us with immense pride and satisfaction. Our business model is rooted in an unwavering commitment to the principles of client protection, where integrity, transparency, and fairness are all thoroughly crafted to center around our processes and services. This independent validation not only bolsters our credibility but also serves as evidence of our dedication to excellence from the outset and adherence to the best practices in microfinance. I confidently affirm our pledge to continue the journey of maintaining these high standards in all facets of our operations.”
Chennai, 19th January 2024: ITC Hotels today announced the reopening of Welcomhotel by ITC Hotels, Cathedral Road, Chennai, a landmark property established in 1975, looking resplendent in its new avatar. This iconic hotel, with a repertoire of world-class hospitality offerings, promises to further enrich the city’s vibrant tourism and business landscape.
In line with ITC Hotels’s credo of ‘Responsible Luxury’, Welcomhotel Chennai is committed to the highest levels of environmental stewardship. The hotel is LEED® Platinum & LEED Zero Carbon certified, attesting to its commitment to sustainability, utilization of renewable energy, conservation and recycling of water, and concrete measures to preserve the ecosystem. It has self-owned and offsite wind farms using maximum renewable electrical energy to mitigate the carbon footprint. Centrally located at No. 2, Cathedral Road with easy access to international and domestic airports, Welcomhotel Chennai holds the pride of place being the first property of ITC’s hotel group, which heralded a new era in hospitality.
Speaking on the occasion of the launch, Anil Chadha, Divisional Chief Executive, ITC Hotels said “Welcomhotel Chennai holds a very special place in the ITC Hotels group and is our tribute to this great metropolis. A gateway to south India, Chennai is a cosmopolitan hub that offers the perfect blend of deep-rooted traditions and modern influences. We are delighted to bring back this iconic hotel that has witnessed decades of Chennai’s transformation. Welcomhotel Chennai is a showcase of this glorious heritage”
The hotel has 90 well-appointed rooms including Executive Suites, Club Rooms and Superior Rooms. The elegantly appointed and spacious guest rooms and suites strike a perfect balance between comfort, flawless service and warmth of Indian Hospitality.
The hotel adorns an intricate design, contemporary and reflective of the Southern Indian magnificence. The design aesthetics of the hotel’s décor are reflective of Chennai’s local flavour, including its beautiful art and architecture.
The hotel draws inspiration from its rich legacy – corporate titans, cultural icons, families, and individuals who have graced this iconic hotel. It has been a preferred choice for Consul Generals, members of the Indian Armed Forces, luminaries from various domains, cultivating a rich tapestry of experiences and relationships. Notably, it was the Chennai’s inaugural ice-skating destination.
Affirms Zubin Songadwala, Vice President, ITC Hotels (South and East) “The new avatar of this property epitomizes the esteemed standards synonymous with ITC Hotels in delivering unmatched quality and enriching guest experiences. Welcomhotel Chennai endeavors to uphold the legacy of being the chain’s first property. We are grateful to the people of Chennai for their patronage and shall continue to create experiences as a reminder of everything that this city represents”
A rich amalgamation of heritage, local aesthetics, contemporary veneers, and modern-day comforts, along with ITC Hotels’ renowned culinary offerings, seamlessly find expression at Welcomhotel Chennai.
The all-day dining venue WelcomCafe Marina offers a variety of tastefully curated buffets and a la carte spreads. The signature WelcomSthalika presents a palate of the region’s most cherished delicacies on a single platter, introducing travellers to the best regional recipes. Taste of Madras showcases street food of Chennai reimagined. Durrant’s Bar showcases a large selection of premium beverages and inventive mixology, including sustainable herbal and organic cocktails paired with delectable snacks. Sunbean Cafe serves short eats, finger food, tea, and coffee. Mahjong Room offers delectable Chinese cuisine. Adding to the sweetness is the luxurious Fabelle Chocolate Takeaway outlet in the lobby.
Welcomhotel Chennai has two banquet halls: Mandapam, with a capacity of 375 guests and theatre seating, and Saagri on the rooftop with a capacity of 70-80 guests. Welcomhotel Chennai is the new age traveler’s key to curated immersive experiences that enrich both business and leisure journeys.
The hotel features a relaxing spa journey through the chain’s indigenous K by Kaya Kalp spa, offering rejuvenating wellness treatments in its holistic and comforting treatment rooms. A fully functional fitness center with all contemporary equipment offers a holistic experience to busy travelers. An outdoor pool, nestled in the lush green gardens of the hotel, is the perfect place to unwind and relax after work.
“I am delighted that we have been honored as a global Top Employer. This recognition makes us particularly proud as it shows that we focus on the people working for us not just in selected countries but around the world. We are constantly striving to create a working environment that attracts, fosters, and retains talents. Our more than 15,000 employees in over 30 countries represent the foundation of our success and we want to enable them to develop their full potential with us,” said Norbert Rotter, CEO of NTT DATA Business Solutions AG and EVP NTT DATA, Inc.
The Top Employers Institute program certifies organizations based on the participation and results of their HR Best Practices Survey. This survey covers six HR domains consisting of 20 topics including People Strategy, Work Environment, Talent Acquisition, Learning, Diversity & Inclusion, Wellbeing and more. The program has certified and recognized over 2,300 Top Employers in 122 countries/regions across five continents.
“Finding skilled IT workers has become more challenging in recent years. We are a continuously growing, globally operating company, permanently on the lookout for talents who want to enrich us with their personality, develop professionally, and work with us to strengthen our market position. As an employer, we are committed to creating an environment based on respect, development, and support. The Top Employer award shows that we are on the right path as a big team,” said Dieter Schoon, Executive Vice President Global People at NTT DATA Business Solutions.
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Apart from the global recognition, the company has once again received numerous regional awards this year. The strategic orientation as a sustainable employer unites the entire NTT DATA Group, of which the SAP consulting company is a part. In addition to the global recognition, NTT DATA is proud to have received regional certifications as Top Employer 2024 in 29 countries in Asia, Europe, Latin America, and North America.
“We firmly hold that TRUST is not just a word but the bedrock upon which our ecosystem of respect, inclusivity, and upliftment stands. At its core, our culture is a dynamic fusion of accountability and performance. Our fundamental motto is rooted in the profound belief of owning each other’s success.
As a people-first company, we humbly dedicate this prestigious award to the heartbeat of our organization – our incredible people. To every colleague who brings their passion, dedication, and brilliance to the forefront every single day for our customers and their teams, we extend our deepest gratitude. This recognition is a testament to the collective spirit and unwavering commitment that defines our journey. Thank you for being the driving force behind our success.” Said Mr. Sanjeev Deshpande, Executive Vice President, Head of APAC Region & Managing Director – India
Top Employers Institute CEO David Plink says: “Exceptional times bring out the best in people and organizations. And we have witnessed this in our Top Employers Certification Program this year: an exceptional performance from the certified Top Employers 2024. And amongst this community of outstanding organizations, NTT DATA Business Solutions has proven their commitment to their employees on a global scale. This consistency in people practices across the globe characterizes an exclusive group of companies that have achieved a global certification through the Top Employers Program. We are proud to announce and celebrate these companies and their achievement in 2024.”
Wednesday 18th January 2024: Old Bridge Mutual Fund sponsored by Old Bridge Capital Management Private Limited, makes its foray in the dynamic Indian mutual fund industry with the introduction of its maiden equity New Fund Offer (NFO) – ‘Old Bridge Focused Equity Fund,’ (An Open-ended Equity Scheme investing in maximum 30 stocks (Multi Cap) .This open-ended equity scheme aims to provide investors with a unique opportunity to participate in the growth potential of carefully selected companies.
The NFO is open for subscription from January 17, 2024, to January 19, 2024. Investors can participate with a minimum SIP investment of Rs. 2,500 and in multiples of Rs. 1 thereafter. For lump-sum investments, the minimum amount is Rs. 5,000. The scheme will be benchmarked against the S&P BSE 500 TRI.
The Fund’s primary objective is to achieve long-term capital appreciation by strategically investing in a maximum of 30 stocks across different market capitalizations (i.e. Mid cap, Small cap, Large cap). This multi-cap approach is designed to identify businesses with the potential to compound capital over the long term, focusing on companies with enduring economic moats that has long-term franchise value and continued growth potential.
The fund will be managed by seasoned investment professionals, Kenneth Andrade and Mr. Tarang Agrawal, leveraging their combined experience and expertise to navigate the dynamic market conditions. Ruchi Pandey will lead the fund house as the CEO.
Commenting on the same Kenneth Andrade, CIO of Old Bridge Asset Management Private Limited & Founder Director of Old Bridge Capital Management Private Limited, said. “We are excited to introduce our first equity fund to investors seeking long-term capital appreciation. The fund’s strategy is aligned with our investment philosophy focusing on early-cycle businesses with strong leadership and growth potential”.
Ruchi Pandey, CEO of Old Bridge Asset Management, further added “ The launch of Old Bridge Focused Equity Fund aligns with the unprecedented growth in India’s mutual fund industry as highlighted by recent data from the industry trade body AMFI. With over 20 million new investment accounts and a 19% increase in fund assets during the first 11 months of 2023, India surpasses global peers like the US, Japan, and China”.
Key Fund Features:
Concentration & Alpha Generation: Aiming for long term returns through active alpha generation by investing in a maximum of 30 carefully selected stocks across market caps (multi-cap).
Buy & Hold Strategy: Focuses on long-term capital appreciation through a disciplined buy-and-hold approach, selecting companies with robust growth potential.
Low Debt & High Efficiency: Prioritizes financially strong companies with low debt and high capital efficiency for increased resilience and stability.
Early Cycle Identification: Targets companies early in their growth cycles, potentially capturing significant upside as they establish market leadership.
Experienced Management: Led by Mr. Kenneth Andrade, a seasoned fund manager with over 30 years of experience and a proven track record of success.
· In line with our commitment to providing unparalleled service, Old Bridge Mutual Fund adopts a robust multi-channel approach to serve investors effectively.
In the past decade, the Indian mutual fund industry has experienced an astounding growth of over six times, surging from approximately Rs 8 lakh crore in 2013 to an impressive Rs 50.8 lakh crore by the end of 2023, as per data released by AMFI. This remarkable journey accentuates the industry’s resilience and adaptability, reflecting its ability to evolve against the dynamic backdrop of India’s growth story.
