16, Jul 2025
Kruu, Illinois Tech Launch Global Virtual Innovation Lab for Students
Kruu and Illinois Institute of Technology Launch Global Virtual Innovation Lab for High School Students
Mumbai, July 16, 2025 – Kruu, the pioneering project-based learning platform, has announced a strategic collaboration with the renowned Illinois Institute of Technology (Illinois Tech) to establish the K2 Virtual Incubation Lab. This global innovation lab is aimed at nurturing entrepreneurial thinking and real-world problem-solving among high school students globally.
The Memorandum of Understanding signed between the two institutions sets the foundation for a bold new direction in global education. This partnership brings together Kruu’s expertise in experiential learning and Illinois Tech’s legacy of experiential learning pedagogy in innovation, engineering, and technology-led entrepreneurship. At the heart of the collaboration is a shared belief in empowering students to think independently, build confidently, and innovate fearlessly.
“Illinois Tech is deeply committed to serving learning from K through Grade 12 by meeting learners where they are by providing them with an in-demand, relevant education. We are honored to be part of an initiative that will connect high school students worldwide with high-impact experiences,” said Mallik Sundharam, vice president for enrollment management and student affairs at Illinois Tech. “As we prepare to launch our academic campus globally, we are pleased to partner with Kruu to expand our capacity to deliver on Illinois Tech’s commitment to providing learners with an experiences-driven education that uniquely prepares them for the careers of the future.”
The K2 Virtual Incubation Lab will create a structured pathway for students to explore challenges rooted in science, technology, design, and society, while receiving direct mentorship from Illinois Tech’s faculty and experts. Students will be guided from ideation to pitch, with support from the innovation ecosystem of Illinois Tech’s Ed Family Kaplan Institute for Innovation and Tech Entrepreneurship and the university’s flagship Interprofessional Projects (IPRO) program. The lab will also recognize top student ventures through joint certification and will open long-term pathways for further study and engagement at Illinois Tech and its global campus
This initiative will also support teacher development and training, helping educators bring project-based pedagogies into their classrooms with confidence and creativity. With plans for curated challenges, immersive workshops, and student showcases, the K2 Lab is designed to spark a culture of innovation that is inclusive, globally connected, and future-ready.
“This is more than a partnership. It’s a shared commitment to reimagining what education can and should be,” said Anil Srinivasan, founder and CEO of Kruu. “We are excited to join hands with Illinois Tech to bring the power of structured innovation to students who are ready to make a difference.”
With this collaboration, Kruu continues its mission of building powerful learning ecosystems across the world, where mentorship, access, and imagination converge to prepare the next generation of changemakers.
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- By Neel Achary
16, Jul 2025
LT Foods’ Organic Business Arm – Nature Bio Foods (NBF) enters Business-to-Consumer (B2C) segment
New Delhi, (India), 16th July, 2025: LT Foods, the 70-year-old Indian-origin global FMCG Company in the consumer food space, has announced that its organic business arm, Nature Bio Foods Limited, has forayed into the Business-to-Consumer (B2C) segment in Europe with the inauguration of a new facility in Maasvlakte, Rotterdam.
The move is part of LT Foods’ strategic growth roadmap, which aims to diversify its go-to-market approach by entering the Business-To-Consumer (B2C) segment, thereby complementing its strong Business-To-Business (B2B) foundation. This expansion reinforces Nature Bio Foods’ position as one of the leaders of the organic movement globally and deepens its commitment to bridging the gap from ‘Farm to Folk’, bringing sustainably grown organic ingredients from India, Africa, and beyond, directly to consumers and brands in Europe.
The initial Capital Expenditure (CAPEX) for this new facility is in the tune of Rs. 20 crores. The company would be investing another Rs. 15 crores over the next 3 years. Spread over 20,000 square meters, the new facility is strategically located at the ‘Port of Rotterdam’, which is widely considered as the “Gateway to Europe” for logistics due to its strategic location, extensive infrastructure, and role as a major hub for maritime and inland transportation.
The new facility boasts of four CO₂ pressure treatment chambers for chemical-free disinfestation. It possesses three cleaning and processing lines with one for seed, one for grains and one for bulk loading for industries. The new facility has advanced retail packaging lines with an annual handling of 15,000 MT. It has a storage capacity for 15,000 pallets and a smart warehouse system aligned with the company’s sustainability goals.
The facility will handle a wide range of dry organic products including Organic rice, pulses, superfoods, oilseeds like flaxseed, sesame, buckwheat, chia, quinoa, sorghum, and cashews, all ready for mainstream consumers across Europe. The company has already attracted interest from major retailers in Germany and the Benelux region. With this new capability, the company will not only continue sourcing from India and Africa but also expand its procurement from over 20 countries worldwide, delivering premium organic ingredients to European shelves.
Speaking on the occasion, Mr. Ashwani Arora, Managing Director and CEO, LT Foods said, “The move is a bold step toward strengthening a traceable, efficient, and climate-conscious organic supply chain in Europe. It is a proactive approach to expand the business and create a replica of the successful India model across geographies. This will further help LT Foods scale up the growth from the organic segment. This expansion not only reinforces LT Foods’ commitment to responsible sourcing and environmental stewardship, but also positions us to unlock significant growth potential from the organic segment in key international markets.”
Sharing his views, Mr. Rohan Grover, CEO, Nature Bio Foods Limited, said, “With this expansion, our universe has just become bigger. We’re proud to have built a world-class facility far from home, with the best technology and the right talent to drive our mission forward. We are now poised to make an even bigger contribution to the € 45 billion organic market in the European Union. The company expects to see revenue acceleration beginning FY 2026-27, with an anticipated additional ₹400 crores in revenue over the next five years, driven by this strategic investment.”
16, Jul 2025
Rosatom Presented Its Technologies at the Summer School of the World Nuclear University
Moscow, 16th July 2025 – Rosatom State Corporation took part in the “Summer School” of the World Nuclear University (WNU) – an international educational program aimed at improving the professional qualifications of employees of nuclear industry companies from different Countries. In 2025, the event was held in Shanghai and Xi’an (China). Six employees of industry companies (JSC) completed the training “TECHSNABEXPORT”, TVEL JSC, RASU JSC and others).
As lecturers within the framework of the training Special Representative for the International Projects of Rosatom State Corporation Lyudmila Zalimskaya, Director Regional Center of the State Atomic Energy Corporation Rosatom in East Asia Artem Goncharuk, Director of the Center for the Development of Competencies for International Activities “Rosatom Corporate Academy” Ekaterina Khairullina and others. In particular Artem Honcharuk presented innovative reactor technologies of generation IV within the framework of the concept of a closed nuclear fuel cycle (NFC – technological the process of full use of nuclear fuel). The topic of advanced Russian decisions in the final stage of the nuclear fuel cycle has also been touched upon in its lectures by Lyudmila Zalimskaya.
The program of the “Summer School” included technical tours to the facilities of the Chinese nuclear industry. The participants visited the sites of nuclear Qinshan and Fangjiashan Power Plants, a company that produces Shanghai Electric Power Equipment, Separating the Hanzhong plant, as well as the CNNC nuclear fuel plant in Jianzhong.
Grigory Chikantsev, Director of the Product Development Department in the direction of “Electrical Engineering” equipment” of the joint-stock company “RASU”, commented: “Summer School” was a unique opportunity for me to develop key competencies for work in an international format. Especially valuable was the immersion in multicultural environment, rethinking approaches to team management and the opportunity to directly discuss global trends in the nuclear industry with leading international experts. Such a powerful charge of knowledge and motivation, exchange of experience, open up new prospects for the professional growth of specialists and implementation of Rosatom’s large-scale projects on the world stage.”
16, Jul 2025
From Visas to Villages: Indian Leaders Showcase AI’s Expanding Impact
Mr. Shikhar Aggarwal, Joint Managing Partner, BLS International
“Artificial intelligence (AI) is rapidly transforming visa processing by automating tasks, enhancing and improving efficiency. AI-powered tools handle document verification, data entry, and eligibility checks, significantly reducing processing times. From automating documentation to verifying identity and enhancing user experience, these tools are reducing turnaround times and improving efficiency, thereby helping the visa processing firms to handle the surge in visa applications resulting from the exponential growth in global mobility over the last two decades.
Stakeholders across the ecosystem are embracing innovations such as mobile biometrics, digital appointments, and AI-powered platforms to create more responsive and applicant-centric services.
At BLS International, we see this as more than a technology shift—it’s a redefinition of how governments and citizens connect. AI helps us create seamless, transparent, and scalable solutions for a rapidly evolving global travel environment. We have introduced facial biometric verification and liveness detection at an early stage of the process. This innovation allows us to verify applicants swiftly and accurately, reducing dependency on manual review and mitigating fraud. What sets us apart is our consistent focus on ethical practices and responsible use of technology. Our efforts are centred on building secure, efficient, and applicant-friendly systems that can support the evolving needs of global travel.”
Kishan Sundar, Senior Vice President & Chief Technology Officer, Maveric Systems
“It is important to recognize that generative AI has advanced from theory to a practical tool for financial institutions. The focus is shifting from basic automation to smart systems that improve decision-making, strengthen risk management, and build trust and transparency into core operations. Banks should find a balance between innovation and governance, ensuring AI is used responsibly while providing measurable benefits across digital, compliance, and customer experience areas”
Raghav Gupta, Founder, Futurense
“If we truly want to appreciate AI, we must look at the impact it will have on humanity. It is already helping doctors save lives through faster diagnosis and personalized treatments, and enabling farmers to increase food production and reduce hunger worldwide. But for this impact to reach every corner of the world, we need countries that can build scalable solutions. India, with its deep tech talent and growing enterprise ecosystem, is uniquely positioned to be that catalyst. By driving real-world AI adoption, India can play a central role in ensuring AI becomes a global force for positive change.”
Nishant Chandra, Co-Founder, Newton School
“AI won’t just reshape jobs, it’s already redefining how we learn and grow. With 90% of coders now using AI tools like GitHub Copilot or ChatGPT, the way we build software has changed forever. For India, this is a once-in-a-century opportunity: by 2030, we’ll have over a billion working-age citizens, while China and the U.S. decline. But talent without skill is a missed opportunity. To lead this AI revolution, we must urgently shift to skill-first, project-based learning by focusing on application-layer innovation, solving real-world problems at scale, and building products that reflect India’s grassroots needs and languages.”
Ranjith Mukundan, CEO, Stellapps Technologies
India is the world’s largest dairy producer with 80 million smallholder farmers & 300 million cattles contributing to it, yet its supply chain remains deeply fragmented and largely unorganized. At Stellapps, we are addressing this challenge through end-to-end digital solutions that bring transparency, efficiency, and traceability from farm to consumer. With 7 patents filed and 4 granted, we’ve built a technology platform that digitizes every stage of the dairy value chain right from herd health monitoring using smart wearables to real-time milk quality assessment and cold chain tracking. Today, over 3.5 million farmers across 17 states supported by 250+ partner organizations benefit from our platform and the platform has digitized 42,000 village level collection centres in India. Our technology helps farmers increase milk productivity, reduce wastage, and improve quality, while also unlocking access to critical value-added services such as veterinary care, cattle insurance, nutrition advisory, digital payments, and formal credit.
At the same time, we enhance the profitability of milk processors through intelligent milk procurement, cold chain monitoring, and data-driven analytics ensuring operational efficiency, transparency, and traceability at scale. What we’re building is not just a tech platform, but a connected ecosystem that benefits everyone: farmers learn more, processors operate smarter, and consumers receive safer, higher-quality milk they can trace back to the source with a simple QR scan.
16, Jul 2025
Blissclub launches AirMelt collection with new fabric engineered for all-day wear
Bengaluru, 16 July 2025: Blissclub, a homegrown movement-first apparel brand for women, has announced the launch of its latest collection – AirMelt™️. Engineered for comfort, flexibility, and all-day wear, the collection introduces a new fabric innovation that supports Indian women through every part of their day, from work to leisure.
Developed using a premium polyester-spandex blend, AirMelt™️ is characterised by its featherlight feel and four-way stretch. The material also offers sweat-wicking capabilities, making it suitable for both indoor and outdoor movement. Blissclub has adopted fibre-stage dyeing techniques for this collection, resulting in colours that are long-lasting and resistant to fading.
The inclusive range features silhouettes tailored for Indian body types, including flare pants with invisible pockets, cuffed joggers, shorts, crop tees, apple-hem tees, and zippered jackets. The designs aim to provide functional versatility while offering easy styling options for everyday wardrobes.
“AirMelt™️ is the result of months of research, material testing and design iteration,” said Minu Margeret, Founder and CEO of Blissclub. “Every detail was carefully considered to ensure the garments move with you and feel like second skin. We wanted to create pieces that allow women to go about their day without feeling restricted or uncomfortable. At Blissclub, we have always believed in designing for how Indian women actually live and move, and AirMelt™️ is our response to that. It brings together thoughtful construction, everyday performance and unmatched softness in a way that feels seamless. Our goal is to create clothing that doesn’t just look good but feels effortless to wear and adapts to your day.”
The launch comes at a time when India’s women’s apparel segment is witnessing growing demand for performance-led clothing that caters to both active and casual lifestyles. AirMelt™️ adds to Blissclub’s existing portfolio of proprietary fabric lines such as BareButter and RibSupreme, which combine technical features with flattering silhouettes.
Blissclub’s latest collection is now available on blissclub.com and in retail stores across cities.
16, Jul 2025
SabPaisa Leads with ‘Moneyball AI’ as Non-Tech Teams Embrace Vibe Coding
By – Abhimanyu Jha, Co-Founder, SabPaisa
“I don’t think most people in the business world, even those who use AI tools on a regular basis, have yet realized how powerful these tools are despite their limitations like hallucinations, and are therefore not using the tools to their fullest extent. I keep seeing social media posts from India to Silicon Valley, including research papers from academics, debating whether vibe coding is possible which is where people who haven’t written a line of software in their life before can create useful software applications with help of current AI tools. In SabPaisa, almost 20% of our non-technical people have already vibe coded. How is it that in SabPaisa we are doing things regularly that rest of the world is still debating if it’s possible? We have invented our term for it called ‘Moneyball AI’. In Moneyball AI, you have to do two things: one, you have to let yourself believe in the power of these tools and pick up impossible projects; and two, you have to be able to hold long, very long conversations with these tools till you reach your goals.”
16, Jul 2025
Himadri Speciality Chemical Ltd PAT Grows by 48% to Rs. 183 Cr in Q1FY26
Quarterly Highlights of Standalone Financials:
| Particular (in Cr) | Q1FY26 | Q1FY25 | Y-o-Y |
| Sales Volume (MT) | 140,090 | 139,175 | 1% |
| EBITDA | 233.97 | 187.65 | 24.68% |
| PAT | 182.57 | 123.45 | 47.89% |
Commenting on the results and performance, Mr. Anurag Choudhary, CMD & CEO of Himadri Speciality Chemical Ltd said: “We are pleased to report our highest-ever quarterly EBITDA and PAT, underscoring a strong, resilient and sustainable financial performance. For the quarter, EBITDA stood at Rs. 234 Crores while Profit After Tax (PAT) came in at Rs. 183 Crores. This significant growth in profitability was driven by our continued focus on high-value speciality products, operation efficiencies leading to improvement in yields and strengthening of our waste heat recovery systems. While our topline was marginally impacted by the correction in raw material prices, the quarter was marked by notable progress across strategic and operational fronts.
We commenced operations at Birla Tyres and simultaneously unveiled its new brand identity—including a modernized logo and a redesigned corporate website. This rebranding initiative is part of a broader transformation to reposition Birla Tyres as a high- performance, future-ready brand on the global stage. In the coming months, the brand will roll out an integrated marketing campaign across digital, television, print, and outdoor platforms to enhance brand recall and deepen engagement with both new-age and long- standing customers.
This quarter also marked a significant step forward in our vision to become a global leaders in clean-tech and energy materials. We entered into an exclusive technology licensing agreement with Sicona, an Australian next-generation battery materials company. This partnership allows Himadri to localize and commercialize Sicona’s proprietary SiCx® silicon-carbon anode technology in India. SiCx® has shown the potential to boost battery energy density by up to 20% and improve charging speed by 40%—a breakthrough for lithium-ion battery performance, especially in electric vehicles and energy storage systems.
Further advancing our strategic roadmap, we invested USD 4.43 million to acquire a 16.24% equity stake in International Battery Company (IBC), a U.S. headquartered technology developer and manufacturer of chemistry-agnostic prismatic Lithium-ion cells. This collaboration provides us with access to IBC’s established manufacturing infrastructure in South Korea and its upcoming Gigafactory in Bengaluru, slated to commence operations by Q4 FY26. This is a significant milestone for Himadri, marking the start of the commercial deployment of our LFP Cathode active and anode materials, while enabling access to IBC’s expanding customer base across the U.S., India, and East Asia.
Our performance this quarter reaffirms the strength of Himadri’s foundation and the clarity of our strategic direction. As we scale investments in battery materials, deepen global partnerships, and pursue innovation with sustainability at its core, we remain confident in our ability to generate long-term value for all stakeholders.”
16, Jul 2025
PSIPL’s ‘Spreading Smiles’ Initiative Lights Up Young Lives at Palghar Tribal School
The annual event, now in its fourth year, transformed the school grounds into a vibrant tableau of joy. This initiative unlocked the opportunity for tribal communities in Palghar, where even basic supplies remain out of reach. Since 2021, PSIPL’s employee-driven campaign has bridged this gap:
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₹3.2 lakhs raised to date
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54 children equipped this year (30 girls, 24 boys)
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Zero corporate sponsorships—100% employee-funded and volunteer-led
Spreading Smiles has been a cornerstone of PSIPL’s CSR efforts. Since its inception, PSIPL employees have voluntarily funded, organised, and personally packed kits and engaged with students, witnessing firsthand how something as simple as a raincoat or notebook can transform a child’s ability to learn. The initiative reflects the company’s resolve to address educational inequality at the grassroots level.
“Corporate responsibility starts with individuals,” said Mr. Deepak Shanbhag, CEO, PSIPL. “Our teams prove every year that small, consistent efforts create real change. This isn’t charity—it’s an investment in futures.”
16, Jul 2025
Voices of AI Appreciation Day 2025: Industry Leaders Reflect on AI’s Human-Centric Impact
Mr Siva Balakrishnan, Founder & CEO of Vserve
”On AI Appreciation Day 2025, we celebrate AI’s power to transform education while safeguarding human agency. AI should elevate educators’ creativity and judgment, not replace them. By blending smart automation with empathetic teaching, we can use AI to scale learning without diminishing our human essence. Our goal must be to empower people to direct technology, ensuring classrooms where technology amplifies human insight and values.”
Mr Praveen Joshi, MD and a Founding Member of RSK Business Solutions Pvt Ltd
“In an age where AI transforms education and automation becomes pervasive, safeguarding human agency is vital. Technology must support, not supplant our ability to choose, create, and connect. As machines reshape learning, it is up to us to ensure they amplify our humanity rather than diminish it, keeping compassion, creativity, and ethical judgement at the forefront.”
Kinnari Thakker, Co-founder & CXO, MyFi
“AI represents a transformative shift from mere access to true empowerment. At MyFi we have seen how AI creates a safe and welcoming space where first-time earners feel confident to ask silly questions, explore their portfolios and make informed decisions. By simplifying jargon and offering guidance without judgment it helps users focus on what matters to them. Its strength lies in nurturing confidence and clarity at every step. Today we celebrate an intelligence that meets people where they are, aligns with their interest and helps them take action with purpose.”
Kiran Nambiar, Partner at Tifin India
“At TIFIN India we see AI as a force that can unlock collective progress. When thoughtfully applied it brings clarity to complexity and transforms data into decisions that serve not just individuals but communities. It helps scale empathy and aligns intent with impact. As we build for a more financially smart society, AI enables us to move with purpose and precision. So let’s celebrate its potential to drive meaningful and measurable change across society.”
Madhav Krishna, Founder & CEO
“At Vahan.ai, we believe AI should remove barriers, not reinforce them. As India’s largest recruitment platform for blue-collar workers, our vision is to democratise job access through intelligent, inclusive technology. By enabling job discovery through a simple phone call without apps or internet, we’re using AI to employ over 40,000 people every month and make growth opportunities truly accessible. We’re now building advanced AI capabilities to support regional languages, enabling deeper access across Tier 2 and Tier 3 markets. For us, AI means Accessibility and Inclusivity in action.”
Divye Agarwal, Co-founder, BingeLabs
“AI has become one of the greatest equalisers of our time. Today, a creator sitting in a tier-3 city has the same tools, reach, and creative firepower as someone in a metro. From generating content in local languages to pushing it in culturally relevant ways, AI is breaking down barriers that once felt immovable. At Binge Labs, we see this not just as a technological shift, but as a social one; where access, expression, and opportunity are finally becoming truly democratic.”
Mr. Kapil Mahajan, Global Chief Information & Technology Officer – IT, Allcargo Logistics
”’As digital transformation is gaining momentum, AI is emerging as the strategic backbone that builds critical linkages and optimizes complex, multi-modal supply chains. The era of reactive supply chains has run its course. AI is now driving a fundamental shift not just from reactive to predictive, but increasingly toward prescriptive logistics, where decisions can be made autonomously, in real time. In fact, synchronising air, sea, rail, and road transport will require more than just automation, it demands intelligent systems that can analyse vast data sets, anticipate disruptions, and recommend the most efficient action plans across modes.
However, building this kind of operational intelligence requires more than just technology. It calls for robust digital infrastructure, a disciplined approach to data governance, and AI models trained specifically for logistics models that understand nuances like port congestion, seasonal demand surges, or last-mile delays. And when dealing with sensitive cargo like pharmaceuticals or defence materials, the need for explainable, auditable AI frameworks becomes even more crucial. AI adoption enhances transparency, trust, and traceability.
At a broader scale, the convergence of AI, IoT, and automation platforms perfectly complements infrastructure development initiatives like PM Gati Shakti, paving the way for building a logistics network that is resilient, sustainable, and future-facing.
As we look ahead, the industry’s ability to scale AI responsibly will define the service delivery capacity and capability of global supply chain in terms of speed, efficiency and resilience.”
16, Jul 2025
Torrent Pharma Delivers Strong FY25; Global Expansion on Track
Torrent Pharmaceuticals Posts Strong Revenue Growth; Sets the Stage for Accelerated Global Expansion and Margin Upside
July 16, 2025: Torrent Pharmaceuticals Ltd. (TRP) has reported a robust 7.3% year-on-year (YoY) revenue growth, propelled by a 12.5% surge in its branded business, with sustained momentum in the domestic market continuing to serve as the cornerstone of its performance. The company remains confident in delivering a 12% revenue CAGR over FY25–28, supported by ongoing field force expansion, new product launches, and the growing contribution from Curatio.
Domestic Business: Driving Double-Digit Growth Leadership
TRP’s domestic franchise continues to outperform the Indian Pharmaceutical Market (IPM) in both volume and value growth. The company recently expanded its medical representative (MR) strength to 6,400, with plans to scale this further to 6,800–6,900 by FY26-end. Growth remains broad-based across key chronic therapies—Cardiac, Anti-Diabetic, GI, CNS, and Dermatology—complemented by the momentum of Curatio, which delivered 19% YoY growth in FY25.
With an aggressive focus on clinically differentiated launches, increased productivity, and in-licensing deals, Torrent expects to maintain 12% domestic CAGR over FY25–28, reinforcing its leadership in high-value therapy areas and its rising footprint in consumer health.
US Business: Poised for Strategic Inflection
Following a subdued FY25, Torrent’s US operations are set for a meaningful recovery from FY26 onwards. The company now has USFDA-cleared manufacturing facilities at Indrad and Pithampur, enabling 7–8 new launches annually. The dedicated oncology facility and a deepening pipeline in complex generics and high-value, hard-to-make products position the company well for long-term growth. Torrent targets breakeven in the US business by FY26, laying the foundation for top-line acceleration and improved profitability.
Brazil: Growth Recovery on Track
Despite temporary headwinds in FY25 due to BRL depreciation and channel destocking, Torrent remains the No. 1 Indian pharma company in Brazil. With the easing of pricing pressures and stabilization of the BRL, growth is expected to resume from FY26. A robust product portfolio in CNS, Cardio, and Diabetes, investments in local manufacturing, and enhanced digital engagement tools will support the return to double-digit growth in the region.
Margin Outlook: Positioned for Expansion
Torrent sustained EBITDA margins of 33% in FY25, despite currency and regional challenges. Looking ahead, margins are projected to improve by 300 bps to 35–36% over FY26–28E, driven by:
- Improved PCPM (Per Capita Productivity per MR) in India
- Currency normalization and inventory stabilization in Brazil
- Product mix shift towards complex generics and differentiated launches
- Operating leverage from US business breakeven
Torrent continues to invest in technology-led efficiencies, cost optimization, and scalable growth platforms, reinforcing its position as a high-margin, innovation-driven pharmaceutical leader.
