30, Nov 2023
KVB expands footprint in Tamil Nadu and Karnataka
.Branch network improves to 831
Chennai, November 30, 2023: Karur Vysya Bank today inaugurated four new branches – Three in Tamil Nadu and, one in Karnataka. With this, the total branch network of the Bank increased to 831.
The new branches that were opened today are
i. 828th Branch at Dobbaspet, Nelamangala, Bangalore, Karnataka by Shri S.Kantappa M.A., LLB., President, Dobbaspet Industries Association
ii. 829th Branch at Pernambut, Vellore District, Tamil Nadu by Shri. Jaweed Khan B.A (C S)., Green Valley E – Techno Matric and CBSE Schools
iii. 830th Branch at Tiruvennainallur, Villupuram District, Tamil Nadu by Shri. S.Suresh, B.E., Deputy Superintendent of Police Villupuram Sub–Division
iv. 831 St Branch at Marakkanam, Villupuram District, Tamil Nadu by Shri. Y Amjathali, M.L., Deputy Director of Prosecution Cuddalore Region
- 0
- By Rabindra
30, Nov 2023
Vietnam surgeon shows new treatment techniques for Facial Palsy in Thane
Advanced treatment for Facial palsy now available at Solaris Hospital
Mumbai- Thane:– With the hope of newer treatment options for Facial Palsy in Thane Dr. Ashesh Bhumkar –Advisor AOI, Thane, Dr. Sunil Budhalani President of Association of Otolaryngologist of India (Thane Zone) Dr. Deepak Aiwale Neurologist and chairmen of Solaris Hospital, Thane, Dr. Amit Aiwale, Neurosurgeon and Director of Solaris Hospital Thane and the entire team of AOI thane chapter has conducted seminars where international guest speakers from Vietnam Dr. Ha and Dr. Huyen elaborated on the different techniques for facial palsy. This meeting was attended by more than 200 Doctors in Thane. The newer options for the treatment of Facial Palsy include facial nerve selective necrolysis, facial masseter nerve anastomosis, facial hypoglossal anastomosis, gracilis muscle graft and reconstruction. The outcome of these techniques is very successful narrated by Dr. Ha and Dr. Huyen from Vietnam.
Commenting on this Dr. Amit Aiwale, Neurosurgeon says, “Many patients have one side facial paralysis which causes deviation of angle of mouth and difficulty in closing eyes. The smile becomes unbalanced. It creates social embarrassment for many patients who avoid going to social gatherings and overall affects their social life. The causes of facial paralysis are like bell’s palsy, skull base tumors, trauma, stroke, and infection of the ears and skull base. 70% managed with medical management and steroids. But many have permanent palsy or residual defects. After 1 year of treatment, many have facial muscle atrophy and the treatment outcome is poor. Our initiative of Advanced Facial Palsy Clinic at Solaris Hospital a leading center for facial paralysis surgery in India. We are a specialty center for the correction of drooping mouths. This most commonly is caused by facial paralysis. We offer advanced treatments with the latest innovations from around the world.”
Dr. Ashesh Bhumkar who is one of the renowned international faculties all over the world in microtia patients for ear reconstruction has taken a step forward to give a proper smile to facial palsy through the Facial palsy clinic in association with Dr. Deepak Aiwale (Neurologist) and Dr. Amit Aiwale (Neurosurgeon) from Solaris Hospital in Thane. Solaris Hospital is one of the advanced hospitals in Thane for all Neurology and Neurosurgery patients. Dr. Ashesh Bhumkar has always done work to put India’s name on the World Map. This initiative of Facial Palsy Clinic at Solaris Hospital will definitely help the patient to get back their smile and such kind of advanced clinics where these specialized treatment options are possible in India are needed, said Dr. Deepak Aiwale, Chairman of Solaris Hospital, Thane.
30, Nov 2023
Blum LEGRABOX drawer system
If you are looking for a lean, sleek, and slim drawer system with an unprecedented level of performance, you do not need to look for anything other than the BLUM LEGRABOX drawer system. The box system strikes clear lines, parallel frame design, and accent lines as central design elements.
LEGRABOX is a drawer system that can make your kitchen furniture systematic by saving a lot of space in the kitchen, unlike cabinets. It is a trend in itself to have storage spaces like the LEGRABOX that are engineered in a way to mix style with utility for its consumers. It is easy to clean and maintain, thus making it an apt choice for working professionals.
LEGRABOX features customizable design elements that provide a simple open look, with various colours and stainless-steel anti-fingerprint material. The colours are universally usable and blend seamlessly into various furniture designs thanks to the matte metallic surface.
LEGRABOX Terra Black Matte is used for special furniture due to its dark elegance. The LEGRABOX stainless steel (Inox) anti-fingerprint has an elegant design and is ideal to combine with dark surfaces. Lastly, LEGRABOX Orion Grey Matte is suitable for all living spaces thanks to its delicate, elegant, and versatile design.
The LEGRABOX guarantees maximum stability when opening and closing drawers even when it is fully extended and heavily laden, thanks to high dynamic carrying capacities of 40 and 70 kg. It also lets one print their brand name on the drawer sides.
30, Nov 2023
Now plan Early Retirement and Fikar-Free Future with Tata AIA’s Fortune Guarantee Retirement Readiness Plan
India, 30th November 2023: Retirement aspirations are deeply rooted in pursuing financial independence, enabling us to preserve our cherished lifestyle well into our golden years. We yearn for the economic resilience to confront life’s unforeseen challenges without burdening our loved ones. Whether it’s globe-trotting adventures, quality moments with grandkids, or spiritual journeys, planning for retirement is a vital step toward safeguarding our dreams. Enter the Tata AIA Fortune Guarantee Retirement Ready Plan, a meticulously crafted solution from Tata AIA Life Insurance designed to empower you for the golden years with guaranteed benefits and compelling features, ensuring you can fully embrace life.
Key Features of Tata AIA Fortune Guarantee Retirement Ready:
Plan Options: Choose from three plans: My Pension, Partner Pension, and Partner Pension Plus. Each option caters to different needs, providing flexibility for individuals and couples in planning their retirement.
Guaranteed Additions: Enjoy a 6% guaranteed addition of the sum assured on vesting, boosting your retirement corpus and providing a stable foundation for your golden years.
Vesting Addition: Receive a lump sum Vesting Addition at the end of the policy term, further enhancing the overall benefits of the plan.
Premium Payment Flexibility: Tailor the plan to your financial preferences by selecting from Single, Limited, or Regular premium payment terms. This flexibility ensures that the plan aligns with your unique financial situation.
Special Discounts: Avail special discounts, including:
Smart Lady Discount: 2% on the first year’s premium for female lives assured.
Transgender Discount: 2% on the first year’s premium for transgender customers.
Super 35 Discount: Up to 2% on the first year’s premium for customers under 35.
Flexibility: The product offers flexibility in the entry age (30 years) and maturity age (85 years).
Plan Options:
· My Pension (Option 1): A single-life option offering assured benefits on vesting. In case of the life assured’s demise during the policy term, death benefits are provided as defined in the policy.
· Partner Pension (Option 2): A joint-life option with assured benefits on vesting. In the event of the last surviving life’s death during the policy term, death benefits are payable.
· Partner Pension Plus (Option 3): A joint-life option with an added Waiver of Premium (WoP) benefit in case of the primary life assured’s death during the Premium Payment Term. The policy continues for the second life assured with waived premiums, ensuring complete benefits.
Vesting and Death Benefit Options: Options to avail of Vesting Benefits include utilizing the entire proceeds for an annuity from the company, commuting up to 60%, or purchasing an annuity from another insurer. A Vesting Booster of 5% is added if 100% of the Vesting Benefit is used to buy an annuity from the company.
The Tata AIA Fortune Guarantee Retirement Ready Plan combines the certainty of guaranteed benefits with the flexibility to tailor the plan to individual needs. With various options, discounts, and added benefits, this plan empowers individuals and couples to embrace their retirement years with financial confidence.
30, Nov 2023
Planet Smart City set to reach INR 900+ Crore of sales in Pune flagship project
Pune, 30 November 2023: Planet Smart City, a leading global player in the affordable housing market integrating Proptech and ESG-compliant real estate solutions, has announced a near-total sell-out of its flagship ‘Universe’ project in the Life Republic Township in Hinjewadi, Pune, in partnership with Kolte-Patil Developers Limited (KPDL). As Planet Smart City’s first development in the country, this milestone signifies an extraordinary achievement, with more than 88% of residential units and 91% of commercial units being sold as of the end of September 2023.
‘Universe’, the first project launched by Planet Smart City in India in December 2020, boasts a total saleable area of 1.3+ million sq. ft. in residential units and 85,000 sq. ft. in commercial units. Despite the challenges posed by the pandemic’s second wave, ‘Universe’ is already poised to achieve a total of INR 900+ crores in sales. This exceptional achievement comes from the great dynamics of the residential housing market in Maharashtra and to the tremendous response from homebuyers who value the extensive facilities and innovative smart solutions implemented throughout the project by Planet Smart City.
The project’s success has extended beyond the borders of India, as international investors in the GCC region are responding to its unique selling points and potential for property value appreciation.
Mr. Marco Pilia, Managing Director India at Planet Smart City commented, “The successful sell-out of our first project in India is an incredible achievement for Planet Smart City globally. This performance is a great testimony to our business model and value proposition. Collaborating with best-in-class developers in India allows us to deliver high innovation in the residential market, remaining future-proofed and well within the right budget range for our customers.”
Mr. Rahul Talele, Group CEO at Kolte-Patil Developers Ltd. added, “The strong customer acceptance of the Universe project is yet another validation of Kolte-Patil’s ability to bring innovative real estate solutions to the Indian market. Collaborating with brands of international repute in the real estate space enables us to create deep value for customers with a focus on sustainability and smart solutions. Universe project has been created as an urban living paradigm that imbibes two prominent trends of our time: PropTech and ESG. Going forward, we remain confident that the success of this project will be replicated across a wider canvas in our portfolio.”
The project’s sales momentum has been ably supported by the important strategic partnership with ANAROCK Property Consultants, who have significantly contributed to its commercial success.
Aditi Watve, President of Residential Sales at ANAROCK Group, says, “It has been an absolute pleasure to work with Planet Smart City on their first project in India. For Life Republic, we have unleashed the full extent of our proprietary SaaS-driven Proptech real estate marketing solutions, with which we could precisely address the target clientele of buyers looking for superior residential lifestyle solutions.”
30, Nov 2023
ShipGlobal, a Cross-border logistics firm raises $2.5 million in funding from Infoedge Ventures
30th November 2023: ShipGlobal, a leading cross-border logistics platform, has announced that it has raised $2.5 million in funding from InfoEdge Ventures an early-stage VC fund backed by InfoEdge and Temasek. The funds will be utilized to accelerate technology capabilities, augment business operations, and expand to other countries, reinforcing the brand’s commitment to cross-border logistics innovation.
Co-founded by Aayush Anand, Angad Arora, and Vaibhav Kapur in 2022, ShipGlobal helps SMEs in India to go global by providing them with cost-effective and reliable logistics solutions. The platform simplifies international shipping for SMEs in India, offering a one-stop shop for a range of services such as customs clearance, tracking, and real-time rates.
Within a year of its operation, the company has expanded to over 15 regional offices in India and delivered over half a million packages having a gross merchandise value of over Rs.3,000 crores, solidifying its pioneer status in the cross-border logistics industry.
Speaking on the funding, Aayush Anand, Co-founder and CEO of ShipGlobal says, “We continue our path to become a preferred logistics partner for SMEs and look to leverage any strategic opportunities. The funding is an indicator of the company’s strong unit economics and the validation of our business model. With this round, we are aiming to elevate our technology, streamline operations, expand export routes, and optimize our network. We intend to be the guiding light for Indian SME businesses in global trade.”
In the dynamic global logistics market projected to reach $16,794.7 billion by 2032, ShipGlobal’s substantial funding is a notable leap forward in the mission to stimulate global trade expansion. Amidst the imperative of timely and secure product deliveries, the inclusion of tech features, including product tracking, elevates shipment security. With a team comprising domain experts, cost-effective strategies, and robust technology, ShipGlobal positions itself as a preferred partner for both customers and SMEs.
30, Nov 2023
Convenience ranks as a top priority for homebuyers while buying a home
The home buying process in Mumbai is witnessing a sea change with multiple factors at play. There is a perceptible change in the mindset of a home buyer who no longer believes that location plays a pivotal role or is the most important criterion when it comes to buying a home. Today, the ‘convenience’ factor is what a home buyer looks at when making that important home-buying decision. A prospective customer will look for large retail outlets or Malls that are located nearby or close to the housing complex along with other social infrastructure. This makes it convenient for residents to make purchases of regular household goods or indulge in shopping or enjoy in leisure and entertainment activities or save time in commuting to the office.
Commenting on the new home-buying trend, Mr. Prashant Khandelwal, CEO – of Agami said, “Home buyers of today are more knowledgeable and do extensive research before buying a home. There is a growing trend of both spouses working and therefore, do not have much time to attend to daily chores. Kalanagar in Bandra for instance looks most promising as it is home to luxury residential properties and also in close proximity to commercial districts of BKC and Santacruz. Therefore, the convenience factor plays a major role in the decision-making process whilst buying a home. They look at having all conveniences close at hand that saves on travel time and provides for a more convenient living experience.”
According to Track2Realty’s Consumer Confidence Survey, “Contrary to the industry narrative of bigger houses and preferences shifting to periphery locations, Indians are increasingly looking for convenience and lifestyle choices with a compact house.”
This changing perception of home buyers has come about due to improved connectivity within Mumbai and adjoining areas in the MMR region. There are a number of infrastructure projects that have been completed and some major projects ongoing that promise to enhance connectivity even further and help reduce commute time. This brings us to the question of where you find such areas in Mumbai where people are flocking in order to purchase their desired home. The western suburbs of Mumbai like Goregaon, Kandivali, Borivali, and even Mira Road are seeing huge demand for housing. This comes on the back of major infra projects being undertaken that will connect South Mumbai to the western suburbs in the north and beyond.
Commenting from the demand perspective, Mr. Rohan Khatau, Director, of CCI Projects said, “Western suburbs of Mumbai are witnessing a greater housing demand due to various factors like improved connectivity and better social infrastructure. Home buyers not only look at buying a home that is in close proximity to Metro stations, malls, schools, and hospitals, that provide convenience but also in areas with a potential of capital appreciation.”
Mumbai is upgrading with a number of world-class infrastructure projects underway, giving a boost to the housing sector. Suburban areas are now better connected with South Mumbai which provides the home buyer with a plethora of buying options. Suburban Mumbai offers residents all the convenience required for a comfortable living in close vicinity to their residence.
Speaking on how convenience is an important factor in a home buyer’s decision Mr. Himanshu Jain, VP – Sales, Marketing and CRM, Satellite Developers Private Limited (SDPL) said, “Home buyers are especially looking at the western suburbs to buy a home, as this region offers a mix of affordable and luxurious properties. The western suburban belt is also close to a number of offices and commercial spaces in addition to being in the heart of large malls, Retail outlets, and Entertainment zones. Given the enhanced connectivity, home buyers do not mind buying a more luxurious property, considering they get all these conveniences that come along with the home.”
In conclusion, rapid urbanization along with world-class infrastructure has propelled the growth of the housing sector. The concept of selling a project solely based on its location can no longer be capitalized on. Home buyers have moved ahead and are now looking at buying into a project that sells convenience to its prospective customers. Apart from convenience, the project should be close to infrastructure projects to make it an attractive proposition to home buyers.
30, Nov 2023
Flipkart Group Diverts Approximately 3000 tonnes of Waste from Landfills in One Year, Taking Further Strides Towards Sustainability Commitment
● Receives Total Resource Use and Efficiency (TRUE) Gold Certification for zero waste efforts across its facilities in Haryana, West Bengal, Karnataka and Maharashtra
● With a dedicated focus on minimizing environmental impact, Flipkart aims to achieve Zero Waste to landfill across all of its operations, emphasizing responsible waste management practices
Bengaluru – November 30, 2023: Flipkart Group has taken strides towards addressing the alarming issue of the growing landfills in India. It has successfully managed to divert approximately 3000 tonnes of non-hazardous solid waste in one year, beginning with four of its facilities that achieved Total Resource Use and Efficiency (TRUE) Gold certification for their zero waste efforts. TRUE-certified projects must meet stringent resource management goals,
diverting at least 90% of a facility’s waste from landfills, incineration, and the environment. Flipkart’s TRUE-certified facilities are located in Farrukhnagar (Haryana), Uluberia (West Bengal), Malur (Karnataka) and Renaissance (Maharashtra) and account for an area of 1.8 million sq ft. Flipkart has demonstrated its commitment to promoting a circular economy and is embracing the Zero Waste policy, which entails responsible consumption, reuse, and recovery of products, packaging, and materials while avoiding incineration and landfill. In this endeavor, the organization has not only met but surpassed the certification’s requirements for diversion rates, achieving more than 97% waste diversion across all four sites.
This certification puts Flipkart at the forefront of environmentally conscious organizations, showcasing the success of its Zero Waste initiatives and establishing the organization as a strategic and fiscally responsible entity. Flipkart continues to play an important role in enabling a circular economy for all the paper and plastic scrap generated within its own premises. For this, Flipkart deployed the ‘Clean Campus movement’ at its warehouses to foster employee education. Flipkart will also balance out the packaging consumption versus the scrap disposal equation and create a sustainable cycle by using the same scrap as raw material for fresh production. This initiative will further help reduce the use of natural resources and greenhouse gas emissions, ensuring that the generated waste does not end up in landfills. The Circular Economy approach has been activated across 13 sites, translating to approximately 50% of Flipkart’s total paper scrap generation.
Speaking on its Zero Waste policy and subsequent TRUE Gold Certification, Hemant Badri, Senior Vice President and Head of Supply Chain, Customer Experience and eCommerce, Flipkart Group, “Our progress towards achieving our sustainability goals has been transformative, marked by relentless innovation, and a shared sense of responsibility. In this journey, our four TRUE Gold certifications for zero waste awarded by Green Business Certification Inc. is another important step as we continue to set a resolute benchmark for sustainable e-commerce that redefines the industry. By embracing resource efficiency and minimizing waste, we at Flipkart believe that e-commerce can be both environment-friendly and maximize value at the same time. These certifications validate our promise to continue pioneering eco-conscious commerce, impacting our business and the world we share.”
Sharing his views about this milestone, Rajneesh Kumar, Chief Corporate Affairs Officer, Flipkart Group said, “In today’s world, every organization must consciously work towards addressing the current climate crises and that can only happen when bold actions are taken towards it. Building a sustainable future for all and contributing to India’s commitment to Climate goals is a responsibility we take seriously at the Flipkart Group and the TRUE Gold certifications for our zero waste initiative stand testimony to our focus on this mission.”
Peter Templeton, President and CEO of the U.S. Green Building Council (USGBC) and GBCI noted, “Businesses must go beyond our current wasteful practices and think critically about how to redesign processes so that less waste is produced in the first place. Implementing zero-waste business practices requires rethinking, retraining, new tools, and strong leadership to change current waste systems. With Flipkart’s leadership in this endeavor, they are making great strides for their employees, community, and consumers at large.”
Flipkart’s proactive approach towards sustainability aligns with environmental concerns and resonates with a growing segment of consumers who are increasingly drawn to brands committed to responsible practices and work towards achieving good purpose. Aligned with its larger sustainability vision, Flipkart has also transitioned to 100% paper-based packaging at all its warehouses since 2021, thereby significantly reducing its plastic footprint as part of its larger sustainability initiatives. These include electrification of the logistics fleet, energy efficiency practices, and increased use of renewable energy, Green Building, Sustainable packaging, which all testify to its continuing efforts towards achieving sustainable operations.
● The Zero Waste program is one of the essential strategies to address the decarbonization pathway along with protecting the environment and enabling cost savings and social benefits.
● The policy is dedicated to setting benchmarks, monitoring performance, educating employees, and providing innovative solutions that move organizations closer to zero- waste.
● Key initiatives undertaken by Flipkart that have played a role in being awarded TRUE Gold certification include the following:
○ Implementation of sustainable waste management practices, such as localized signage, on-site waste storage, dedicated staff for waste sorting, and in-house data reporting using recommended templates
○ Enhanced waste collection efficiency achieved by transitioning from a single-bin system, conducting regular vendor due diligence, and ensuring data receipt from vendors in accordance with established templates
○ Careful sorting of waste into biodegradable, non-biodegradable, and residual solid categories, optimizing waste management
○ Prioritize data collection on low-value waste which lack recycling market value, to achieve higher diversion rates
○ Training all employees, and fostering zero-waste relationships with vendors, creating a holistic approach toward sustainability
The TRUE rating system for zero waste is a rigorous framework that enables facilities to define, pursue, and achieve their zero waste goals while reducing their carbon footprint.
30, Nov 2023
IIT Roorkee Leads Comprehensive Study on Advanced Grid-Scale Energy Storage Technologies, Unveiled by Ministry of New and Renewable Energy
New Delhi, November 30, 2023 – Secretary, Ministry of New and Renewable Energy (MNRE), Shri BS Bhalla released a comprehensive study titled “Advanced Grid-Scale Energy Storage Technologies,” conducted by IIT Roorkee under the leadership of Prof Arun Kumar in the august presence of Dr Ajay Mathur, Director General, International Solar Alliance and Prof KK Pant Director, IIT Roorkee, at Atal Akshaya Urja Bhawan, MNRE, New Delhi on Nov. 29, 2023. This innovative initiative explores diverse energy storage solutions vital for India’s sustainable energy future.
This study explores diverse grid-scale energy storage solutions crucial for India’s sustainable energy future and addresses critical aspects of the power sector, emphasizing the need for a resilient and sustainable energy landscape in India. It puts forth actionable recommendations to enhance renewable energy integration and improve grid-scale energy storage efficiency, marking a significant step towards achieving India’s renewable energy goals.
Policy Recommendations for Power Sector Vision: The National Tariff Policy and the National Electricity Policy are urged to explicitly outline a vision for the power sector, encompassing energy storage. Specific directives are proposed to amplify the role of energy storage targets for each licensee. Attractive tariffs are recommended to incentivize ancillary services and frequency regulation. Additionally, the study proposes the introduction of a storage purchase obligation for relevant utilities to bolster energy storage adoption further.
Regulatory Framework for Enhanced Flexibility: Regulators are advised to review and revise Grid Codes to promote greater flexibility in power generation, accommodating the evolving landscape of energy storage technologies. Clear and distinct energy storage ownership remuneration rules are recommended by regulators, aligning with existing frameworks for transmission, generation, and distribution companies. These rules are envisaged to address diverse purposes and ensure a level playing field.
Techno-Economic Analysis of Grid-Scale Storage Technologies: Five prospective grid-scale storage technologies—pumped storage, Li-ion batteries, vanadium redox flow batteries, compressed air energy storage, and thermal energy storage—have undergone comprehensive life cycle techno-economic analysis. The analysis reveals that pumped storage stands out as the most cost-effective option, with a levelized cost of storage at INR 3.91/kWh without the cost of pumping power and a global warming potential of 0.12 kg CO2 eq /kWh.
Comparative Advantage of Pumped Storage: The levelized cost of storage for pumped storage is 40% of the cost to lithium-ion batteries. The CO2 emissions associated with pumped storage have been estimated to be 25% lesser as compared to lithium-ion batteries.
Import Dependency and Made-in-India Content: Presently, none of the energy storage technologies exhibit 100% made-in-India content, with significant variations in import percentages. Pumped storage (PSP) leads in terms of domestic content with over 90% while acknowledging some equipment imports. Other technologies, especially batteries, necessitate raw material imports, highlighting the need for strategic considerations in the pursuit of self-reliance.
These findings underscore the need for proactive policy measures, regulatory frameworks, and strategic investments to propel the adoption of advanced grid-scale energy storage technologies. The study, a collaborative effort between MNRE and IIT Roorkee, sets the stage for informed decision-making and transformative initiatives in India’s renewable energy landscape.
Dr. Ajay Mathur, Director General, International Solar Alliance also an Alumnus of IIT Roorkee, acknowledged India’s global leadership in renewable energy adoption and emphasized the critical role of energy storage in grid stability and RE deployment. He commended the report, stating, “India has emerged as a global leader in adopting renewable energy technologies at scale. With the rapid adoption of these technologies, energy storage becomes critical for grid stability. This report is a welcome and apt effort in that context, offering valuable insights for the sustainable advancement of our energy landscape.”
Shri BS Bhalla, Secretary to the Government of India, Ministry of New and Renewable Energy (MNRE), stated, “I acknowledge the efforts of the IIT Roorkee team, under the leadership of Prof. Arun Kumar, for their comprehensive study focused on India. The report is anticipated to play a pivotal role in empowering stakeholders in the energy sector, particularly in advancing the deployment of clean energy and energy storage solutions in the country. Aligned with the ‘Atmanirbhar Bharat’ initiative, the report carries significance in fostering self-reliance, specifically in the sustainable grid-scale energy storage domain. I look forward to gaining insights on energy storage, indigenous manufacturing, and the deployment of renewable energy, which I believe will make a significant contribution to our national goals.”
Prof. KK Pant, Director, IIT Roorkee, expressed gratitude to the ministries for their support, emphasizing the report’s role in shaping policies for the accelerated adoption of clean energy technologies in India. He reaffirmed IIT Roorkee’s commitment to nation-building through focused, India-centric research and technical education and said, “This study reinforces our commitment at IIT Roorkee towards nation-building through focused India-centric research and technical education. The report is poised to play a crucial role in shaping policies for the accelerated adoption of clean energy technologies at scale in India, offering a strategic roadmap for a sustainable and resilient energy future.”
The unveiling of the Advanced Grid-Scale Energy Storage Technologies study represents a significant stride in India’s commitment to fostering innovative and sustainable energy practices. Distinguished dignitaries, including Shri BS Bhalla, Secretary to the Government of India, MNRE; Dr. Ajay Mathur, DG, International Solar Alliance; and Prof. KK Pant, Director, IIT Roorkee, graced the event. This gathering serves as a pivotal platform for discussions on the technical, economic, and policy aspects of grid-scale energy storage technologies.
The release event also welcomed key figures like Shri MAKP Singh, Member Hydro Central Electricity Authority, Shri Rajnath Ram, Advisor Energy Niti Aayog, and Shri SR Narashimhan, CMD, India Grid Controller, alongside senior officials from the Central Electricity Authority (CEA) and renewable energy developers.
This comprehensive study positions IIT Roorkee at the forefront of cutting-edge research, showcasing its dedication to providing India-centric solutions for a sustainable and resilient energy future. The “Advanced Grid-Scale Energy Storage Technologies” report not only reflects India’s commitment to innovation but also serves as a strategic guide for policymakers, industry players, and stakeholders navigating the dynamic energy landscape.
30, Nov 2023
An Octogenarian Gets Mobility with Robotic Precision: Narayana Health City Performs 100 Robotic Knee Surgeries in Two Months
Of 100 patients treated, 53 % were female and a significant 87% were over the age of 60 years
Bengaluru, November 30, 2023: Mrs. Nagma (name changed), an 82-year-old patient who had been immobile for nearly ten years due to severe knee arthritis, discovered a renewed sense of freedom at Narayana Health City in Bengaluru. Through a groundbreaking robotic knee surgery conducted by a highly skilled team of doctors, she regained her mobility. This remarkable success story represents just one among the 100 cases of robotic knee replacements performed within a span of just two months by the exceptional orthopedic team at Narayana Health City.
“Robotic knee replacement has almost given me a new life,” said Mrs. Nagma, echoing the sentiments of numerous patients who have benefitted from this cutting-edge procedure. Looking at my advanced age & the fact that I suffer from diabetes, I was very much concerned about the recovery process. But the precision, technology, and doctors’ passion for restoring my mobility amazed me. The scar is minimal and the doctor made me walk the same day itself, which surprised me” said Mrs Nagma.
Robotic Knee Replacement surgeries have emerged as a preferred choice for patients seeking a more precise and advanced solution for knee problems. Narayana Health City’s data from the last two months underpins the growing popularity of this procedure amongst patients. During this time frame, 100 total knee replacement (TKR) procedures were done using robotic technology. Out of these, 53% of patients were females and a significant 87% were over the age of 60 years, underscoring the growing popularity of this technology across demographics.
The Hospital’s adoption of advanced robotic knee replacement technology offers a new paradigm of care. Compared to conventional procedures, Robotic Knee surgery is more accurate due to the level of precision it offers which is beyond the natural ability of the human eye. This allows for accurate implant positioning and personalization. Robotic-assisted surgery uses minimally-invasive incisions making the procedure safer as there is less tissue damage. This also results in less scarring, a lower risk of infection, shorter hospital stays, and faster recovery. Overall, doctors at Narayana Health City have recorded a remarkable success rate with Robotic Knee Replacements. Also, Patients with comorbidities have benefitted from a safer option, same-day mobility, and minimal blood loss which has contributed to greater patient satisfaction.
Emphasizing the transformative nature of innovation, Professor. Arun Ranganathan, Senior Consultant for Orthopedics, Spine and Trauma at Narayana Health City said, “Empowering patients with precision and pioneering advancements in orthopedic care is not just a duty—it’s a passion. In the realm of robotic knee replacement at Narayana Health City, we don’t just mend joints, we restore lives.”
“Every innovation is a step towards a future where mobility knows no bounds. Our dedication to pioneering advancements in orthopedic care is unwavering. The robotic knee replacements at Narayana Health City are not just procedures; they are a testament to our commitment to excellence in patient-centered healthcare,” added Professor. Ranganathan.
Robotic Knee Replacement surgeries have truly revolutionized the Orthopaedic field, providing patients with a level of precision and safety that was once unimaginable. During the procedure, real-time mapping is conducted to generate a 3D model of the patient’s knee. While a robotic arm or device assists the procedure, surgeons remain in full control and their expertise enhances the clinical outcomes.
Narayana Health City offers a comprehensive continuum of care that commences with the Outpatient Department, encompasses our cutting-edge Robotic Knee Program, and culminates with our state-of-the-art Physiotherapy department, all working in tandem to deliver superior clinical outcomes.
As per reports, it is estimated that over 15 crore Indians suffer from knee problems and nearly four crore patients are in need of a total knee replacement (TKR). In the next decade or so, knee arthritis is expected to emerge as the fourth most common cause of physical disability in India. According to experts, there is a huge gap that needs to be filled up. Robotic Knee Replacement surgeries have emerged as a preferred choice for patients seeking a more precise and advanced solution for knee problems.
