18, May 2026
Comau Enters into a Binding Agreement to Acquire Invent Smart Intralogistics Solutions

Turin, São Paulo – May 18, 2026 – Comau has signed a binding agreement for the acquisition of Invent, a Brazil-based company specializing in intralogistics and warehouse automation solutions, with a strong focus on e-commerce and high-throughput distribution environments. The closing of the transaction is subject to the satisfaction of customary conditions regarding transactions of this type, including necessary regulatory approvals, and is expected to occur in the third quarter of 2026. Under the terms of the agreement Comau will acquire 100% of Invent shares.

After the acquisition of Automha, the binding agreement to acquire Invent represents a further step in Comau’s international expansion strategy and growth plan, which focuses on expanding competencies through the integration of complementary technologies and expertise.

The planned acquisition will complement the existing Comau–Automha ecosystem, reinforcing the companies’ fully integrated 360° automated warehouse and logistics offering. Combining Automha’s storage technologies with Invent’s intelligent orchestration software will allow Comau to further deliver fully integrated, AI-driven material handling solutions that span storage and order fulfillment to execution and intelligent flow management, thus accelerating implementation timelines while increasing system responsiveness and efficiency. In parallel, Invent will be able to scale-up and further develop its business by leveraging a broader geographical footprint and in-house technology competencies. Moreover, given that Comau and Invent are fully complementary, the relationship will strengthen the mutual portfolio of projects.

The acquisition will extend Comau’s global operations, with an enhanced presence in Latin America and in the U.S. mid-market intralogistics segment, both of which are characterized by strong demand for automation and potential CAGR of 13% over the next three to five years.

To ensure business continuity, Invent will continue to operate with the same structure, management and strategic vision.

“Expanding Comau’s capabilities through innovative companies such as Invent is a central pillar of our international growth strategy aimed at diversifying our competencies and technologies in different markets,” said Pietro Gorlier, CEO of Comau. “After the full integration of Automha, a leading Italian solutions provider in the fast-evolving Intralogistics market, the acquisition of Brazil-based Invent will generate further synergies, adding yet another element to our ability to connect storage and material handling with production. This is another concrete step in strengthening Comau’s position as a global automation hub.”

By joining Comau, Invent will gain the opportunity to accelerate its growth while expanding the reach of its intralogistics solutions within a broader, global automation ecosystem,” said Leonardo Araki, CEO of Invent. “This agreement also allows us to combine our expertise with Comau’s advanced automation capabilities, creating new possibilities to enhance innovation, broaden our scale and deliver increasingly efficient and integrated logistics solutions to customers worldwide.”

18, May 2026
AD Ports Group Further Consolidates its Global Logistics Platform with the Acquisition of MBS Logistics

Abu Dhabi, UAE – 18 May 2026: AD Ports Group (ADX: ADPORTS), a leading global enabler of integrated trade, industry and logistics solutions, today announced that it has signed an agreement to acquire MBS Logistics, a Germany-based global integrated logistics services provider, for an Enterprise Value of AED 300 million (EUR 70 million). The acquisition entails 100% ownership of MBS Logistics’ core business, excluding the company’s joint ventures, and represents another significant step in the Group’s strategy to enhance operational scale, manage larger volumes, and expand its global footprint.

MBS Logistics reported revenues of AED 870 million (EUR 205 million) in 2025 with industry margins, reflecting a diversified and asset-light business model, with core freight forwarding operations in Germany and Central Europe, and an established network across China, Vietnam and the USA.

AD Ports Group Further Consolidates its Global Logistics Platform with the Acquisition of MBS Logistics

The move builds on strong foundations and a global network established by Noatum Logistics, the Group’s logistics arm. Under the leadership of Jochen Thewes, the recently appointed CEO of its Logistics Cluster, the Group is pursuing an expansion strategy that combines organic growth with targeted, value accretive acquisitions.

The addition of MBS Logistics provides an important entry point into the vital Central European market through its well‑established network across key German multimodal logistics hubs, while broadening the Group’s trade lane offering. The combination increases network density and unlocks meaningful revenue and cost synergies through cross‑selling opportunities, greater procurement scale, and improved cost efficiency by managing shipments within the combined network. 

Jochen Thewes, CEO of the Logistics Cluster, AD Ports Group, said: “Bringing MBS Logistics into our ecosystem is the right move at the right time, especially as markets seek greater connectivity and resilience in an evolving global trade and logistics landscape. It provides us with an established operating platform with deep expertise and immediate access to key Central European and global logistics corridors. As the world’s third‑largest trading economy, Germany offers a strong domestic base and plays a central role in trade with the world’s leading economies. Linking it to our wider network will help us capture greater volumes, drive more competitive rates, and deliver the reliability our clients expect. Ultimately, the combined strengths of both organisations will allow us to raise our game and compete more effectively for major global accounts.”

With close to forty years of industry experience, MBS Logistics adds to the Group a network of 26 offices worldwide and a global team of over 450 professionals. The addition greatly supplements Noatum Logistics’ network of over 80 own offices located across 26 countries, supported by a team of over 4,250 industry specialists. MBS Logistics’ core freight forwarding services span air, ocean, road and rail transport, complemented by contract logistics, project cargo, customs and compliance, and time-critical multimodal solutions.

The company serves a wide range of industries including aerospace, automotive, apparel & footwear, retail & consumer goods, home furniture, e‑commerce, engineering, technology, FMCG, healthcare and several other key sectors. While aerospace represents a new segment for the Group, MBS Logistics’ exposure to the automotive sector across Central Europe enhances the Group’s logistics offering in an industry regarded as a key business driver.

Its core freight‑forwarding operations are anchored in Germany, giving the Group immediate access to major European logistics hubs. The country’s position as a key European and global logistics gateway provides a strong platform for further expansion across continental Europe, including the Nordics, BENELUX, Switzerland and Eastern Europe.

In addition, MBS Logistics’ presence across China and Vietnam further enhances the Group’s ability to manage greater cargo volumes on Europe-Asia and Trans-Pacific routes. It also operates offices on the USA’s eastern seaboard, furthering connectivity along Trans-Atlantic trade lanes.

Completion of the acquisition is subject to EU regulatory approvals and is expected to close in H2 2026.

18, May 2026
Rōti Modern Mediterranean Debuts in London, Expands in Atlanta with First Global Rōti Day

ATLANTA, May 18, 2026 – Rōti Modern Mediterranean®, the fast-casual Mediterranean restaurant concept part of Edible Brands®, is turning its latest expansion into a global brand moment.

The company announced the launch of Global Rōti Day, a new annual celebration held on May 19. The event coincides with the brand’s strategic entry into the London market through three delivery-first kitchens, alongside an expansion in the Atlanta region with a new delivery-first store opening in Smyrna. Together, this moment introduces Rōti to new guests in the United Kingdom and United States while building awareness. The London locations also establish a foundation for future international growth.

Rōti Modern Mediterranean Debuts in London, Expands in Atlanta with First Global Rōti Day


Global Rōti Day was created to bring new and existing guests into the brand through a one-day-only, buy-one-get-one chef-curated bowl offer available in-store, online, via the Rōti app on the 
Apple Store and Google Play and through third-party delivery platforms such as DoorDash, Uber Eats and Grubhub. The first 50 guests at Rōti’s 17 traditional storefront restaurants will receive a limited-edition Rōti tote bag and a free beverage for a year. Participating restaurants will also feature spin wheel giveaways with prizes including free hummus and pita, branded T-shirts, a jackpot prize package, free cookies or $3 off a future entrée. In addition, guests ordering from Rōti’s delivery-first kitchens in London and Atlanta will receive $5 off future orders through the app or online. Across markets, guests are also invited to share how they Rōti with #ShowUsHowURōti on social media.

“What makes Rōti work is simple. It’s bold food, real hospitality and shows up the same way every time,” said Matthew Walls, president and chief stores officer of Edible Brands. “Atlanta is about building depth in a market we not only work in, but live in and believe in. London is about proving this brand can travel. Global Rōti Day lets us do both at once. We’re giving people a reason to try us, and once they do, that’s where it gets real. They connect with the food and the people behind it, and that’s what brings them back.”


Rōti’s London entry and Atlanta-area expansion reflect a broader strategy grounded in adaptability. The brand is growing through a mix of traditional restaurants and delivery-first kitchens, allowing it to enter new markets efficiently, generate early demand and meet guests through the channels they already use. The model supports a capital-conscious approach to expansion while maintaining a consistent guest experience.

For Edible Brands, Rōti represents a distinct growth opportunity within a portfolio built around food, hospitality and consumer connection. The brand benefits from shared infrastructure, including supply chain, technology and operational support, while maintaining its own identity.

“Rōti is a big part of where we are going as a company,” said Somia Farid Silber, chief executive officer of Edible Brands. “At Edible Brands, we are building a platform that brings together different food experiences in a way that feels relevant to how people eat and connect today. Rōti gives us the opportunity to do that in a new category, with a brand that can grow across markets and formats. Global Rōti Day is an example of how we bring that to new guests while continuing to build something that can scale over time.”

18, May 2026
Union Health Secretary Punya Salila Srivastava Releases Special INR 60 Commemorative Coin to Mark HLL Diamond Jubilee

Union Health Secretary Punya Salila Srivastava Releases Special INR 60 Commemorative Coin to Mark HLL Diamond Jubilee

Thiruvananthapuram, May 18: Punya Salila Srivastava, Secretary, Ministry of Health and Family Welfare, Government of India, released the special ₹60 commemorative coin to mark the Diamond Jubilee of HLL Lifecare Limited (HLL) during the organisation’s Diamond Jubilee valedictory function held in Thiruvananthapuram on Monday (May 18, 2026). Issued by the Government of India, the coin commemorates HLL’s six decades of service to the nation in public healthcare and social development initiatives. HLL is a Mini Ratna Public Sector Enterprise under the Ministry of Health and Family Welfare, Government of India.

Speaking on the occasion, Ms. Srivastava lauded HLL’s contribution to India’s public healthcare ecosystem and its continued commitment to innovation, affordability and inclusive healthcare delivery.

“HLL has consistently lived up to the trust reposed in it by the Union Ministry. The organisation has been identifying critical gaps in healthcare delivery and addressing them through progressive, research-based initiatives. Union Health and Family Welfare Minister Jagat Prakash Nadda has immense confidence in the organisation’s capabilities. The Ministry takes pride in the fact that, through HLL’s AMRIT Pharmacy network, cancer medicines, branded drugs and medical devices have been made available to patients at discounts of up to 50 per cent. During Operation Sindoor, HLL ensured the timely supply of essential medical products, including sutures, surgical items, medicines and BHISHM cubes. The organisation also played a significant role during the COVID-19 pandemic by ensuring the availability of essential medicines and healthcare supplies. Whenever the nation has faced a crisis, HLL has risen to the occasion with exemplary service,” she said.

Dr. Anitha Thampi, Chairman and Managing Director of HLL Lifecare Limited, who presided over the function, said the organisation’s responsibility towards society had grown even greater as it completed 60 years.

“From a single contraceptive brand, HLL has evolved steadily into one of India’s most comprehensive public healthcare organisations. Over the years, the organisation has expanded into diverse sectors, including contraceptives, hospital products, women’s healthcare, affordable diagnostics, retail pharmacies and emergency response services, each reflecting a continued commitment to public service. Going forward, we aim to reach more people through expansion into emerging areas such as nutrition, AI-enabled healthcare solutions and new public health initiatives,” she added.

N. Ajith, Director (Marketing); Shri P. Remesh, Director (Finance); Shri Benny Joseph, Director (T&O); and other senior officers and Trade Union representatives of HLL   were also present on the occasion.

A series of initiatives and product launches also marked the occasion. The Health Innovation Translation Scale-Up Centre, established in association with the Indian Institute of Technology Madras, and the HLL Parivartan Wellness Clinic were launched at the event. The new products unveiled on the occasion included the Ceredrain Hydrocephalus Shunt, the HLL Happy Days Earth sanitary napkins, and HLL’s packaged drinking water brand, ‘HLL Water’. An MoU with the Indian Institute of Technology Bombay to strengthen collaboration in healthcare innovation and technology was also signed during the event.

The commemorative coin executive stands and inaugural frames were produced by India Government Mint, Hyderabad, under the Security Printing and Minting Corporation of India Limited (SPMCIL).

18, May 2026
GE Aerospace Accelerates India Manufacturing Growth with 100 Crore Pune Investment

GE Aerospace Accelerates India Manufacturing Growth with 100 Crore Pune Investment

Pune, India, May 18: GE Aerospace today announced an investment of INR 100 Crore in its Pune manufacturing facility, further strengthening its manufacturing footprint in India and reinforcing its long-term commitment to the country. The investment will support new welding technologies, advanced inspection equipment, precision tools, gauges, fixtures, and additional infrastructure enhancements designed to increase production capacity, enhance process precision, and support the delivery of high-quality components for customers worldwide.

This latest investment builds on the INR 410 Crore announced over the last two years, bringing GE Aerospace’s total investment in the Pune facility to more than INR 510 Crore over three years. Previous investments were focused on advancing manufacturing processes, automation, and capability enhancements supporting next-generation engine components. The latest upgrades will further expand the facility’s capabilities and support component production across GE Aerospace’s GE90, GEnx, GE9X, and CFM International’s LEAP engine programs.

“This continued investment reflects GE Aerospace’s long-term commitment to India and our confidence in the Pune facility’s role within our global manufacturing network,” said Vishwajit Singh, Managing Director, Pune manufacturing facility, GE Aerospace. “Our continued growth is a win for our customers and the broader community, driving more apprenticeship and job opportunities at GE Aerospace and for our supplier partners. Over the past decade, this facility has grown into a high capability aerospace manufacturing hub, strengthening India‘s supplier ecosystem and contributing to GE Aerospace‘s global supply chain.”

GE Aerospace’s Pune manufacturing facility is a key part of the company’s global supply chain, producing critical components for commercial aircraft engines.  The facility works with more than 300 suppliers locally across a broader network of over 2,200 GE Aerospace suppliers in India, helping strengthen the country’s role in global aerospace programs through advanced manufacturing expertise and precision engineering capabilities. The facility also plays an important role in workforce development. Its structured two-year apprenticeship program enrolls more than 500 apprentices annually in classroom instruction and specialized TIG welding training through the site’s dedicated Weld School. Since 2015, the facility has trained more than 5,000 production associates, helping build a strong pipeline of aerospace manufacturing talent in India. Recent community and workforce development grants have also supported initiatives focused on technical education and skill development in the region.

Today’s announcement further reinforces GE Aerospace’s broader commitment to India, where the company continues to invest in manufacturing, engineering, and supply chain development to help shape the future of flight.

CFM International is a 50-50 joint company between GE Aerospace and Safran Aircraft Engines.

18, May 2026
Shyam Middle East Resources expands industrial footprint with AED 40 million investment in Ras Al Khaimah facility

Shyam Middle East Resources expands industrial footprint with AED 40 million investment in Ras Al Khaimah facility

 

Ras Al Khaimah, May 18 Shyam Middle East Resources FZ-LLC, part of India’s renowned Shyam Steel Group, is establishing a new non-ferrous metals processing and manufacturing facility at Al Ghail Industrial Zone in Ras Al Khaimah Economic Zone (RAKEZ).

With an investment of AED 40 million, the project marks a significant step in the Group’s global expansion strategy, strengthening its regional footprint while tapping into Ras Al Khaimah’s growing industrial ecosystem.

The agreement was formalised during a signing ceremony at RAKEZ’s Compass Coworking Centre, represented by Shyam Steel Group Chairman Shri Purushottam Beriwala and RAKEZ Sales Director Mustafa Shaker.

Spanning approximately 21,000 m², the facility will be developed in two phases. The first unit is expected to be operational by the first quarter of 2027, followed by the second unit in the next quarter. The facility will process and manufacture non-ferrous metals, including lead, aluminium, and copper, along with alloy production from non-ferrous ingots, with a projected capacity of up to 2,000 tonnes per month. Once fully operational, it is expected to generate around 150 employment opportunities.

Commenting on the partnership, Beriwala said, “Our decision to establish operations in Ras Al Khaimah was driven by its cost-effective operating environment, investor-friendly policies, and strategic connectivity to global markets. RAKEZ provided a seamless set-up experience, supported by efficient processes, readily available industrial land, and a well-integrated. This investment marks an important milestone in strengthening our presence in the Middle East and expanding into new international markets.”

RAKEZ Group CEO Ramy Jallad said, “Shyam Steel Group’s set-up reinforces Ras Al Khaimah’s position as a growing hub for manufacturing and industrial activity. Demand for industrial materials and metal processing continues to grow alongside the region’s construction, infrastructure, and manufacturing sectors, creating strong opportunities for specialised industrial operations. At RAKEZ, we focus on enabling investors to move efficiently from set-up to production through ready infrastructure, responsive support, and a business environment designed for scale. We are pleased to support the Group as they expand their regional footprint and bring new industrial capabilities to the emirate.”

RAKEZ continues to support industrial investors through its integrated ecosystem, combining flexible solutions, world-class infrastructure, and end-to-end support services that enable businesses to establish, operate, and scale efficiently.

18, May 2026
AD Ports Group Awards Three Contracts for Noatum Ports Pointe-Noire Terminal in the Republic of the Congo

Brazzaville, Republic of the Congo/ Abu Dhabi, UAE – 18 May 2026: AD Ports Group (ADX: ADPORTS), a leading global enabler of trade, industry, and logistics solutions, announced the award of three major contracts for the design and construction of marine and landside infrastructure, and the sourcing of crane equipment, for the Noatum Ports Pointe-Noire Terminal in the Republic of the Congo.

The container terminal is being developed under AD Ports Group’s majority-owned joint venture with the CMA CGM Group, through its subsidiary CMA Terminals, following an agreement signed between the two parties in February 2025.

AD Ports Group Awards Three Contracts for Noatum Ports Pointe-Noire Terminal in the Republic of the Congo

The contract awards, with a combined value of approximately AED 735 million (USD 200 million,), mark a milestone in the development of the new container terminal, which is being delivered under AD Ports Group’s 30-year concession agreement with the Government of the Republic of the Congo, extendable by a further 20 years.

The awards include two contracts for marine works and topside works valued at approximately AED 551 million (USD 150 million) to MAR CONTRACTING SARLU and MBTP SA JV, in addition to a AED 184 million (USD 50 million) contract for three ship-to-shore (STS) cranes and nine rubber-tyred gantry (RTG) cranes awarded to Shanghai Zhenhua Heavy Industries Co. Ltd. (ZPMC).

The container terminal will initially include a quay wall of approximately 420 metres in length and 16 metres in depth, capable of accommodating Patagonia-class vessels, alongside a 100,000 sqm logistics area. Under its concession agreement with the Congolese government, the Group has the right to develop additional multipurpose cargo capabilities, to be evaluated in line with evolving business demand. 

Mohamed Eidha AlMenhali, Regional CEO – AD Ports Group, said: “These contract awards mark a significant step towards delivering a modern and future-ready container terminal at the Port of Pointe-Noire, in partnership with CMA Terminals. This development reflects AD Ports Group’s long-term commitment to investing in high-growth markets and developing integrated maritime and logistics infrastructure that strengthens regional trade connectivity. This strategic investment will not only enhance port capacity, but also to create lasting value for Congolese communities through job creation, skills development, and stronger integration into global trade. In addition, this development will support economic diversification, attract leading global shipping lines, and deliver sustainable value for the Republic of the Congo and the wider region, in line with the vision of our wise leadership in the UAE.”

The foundational contracts advance the development of the new container terminal at the Port of Pointe-Noire, enhancing its capacity to handle larger vessels and higher annual throughput, which further reinforces its role as a regional trade gateway serving Central and West Africa. Construction is expected to be completed in approximately two years.

Based on comparable port developments, Noatum Ports’ Pointe-Noire Terminal is estimated to create up to 9,000 jobs, both directly and indirectly, from the initial phase of construction and through the start of operations.

Construction activities are projected to create up to 800 jobs, whilst direct terminal operations are expected to support a further 400 roles. In addition, up to 7,000 indirect jobs are anticipated through new business opportunities enabled by the terminal.

The development of the Noatum Ports Pointe‑Noire Terminal is closely aligned with the Government of the Republic of the Congo’s vision and the National Development Plan for Congo‑Brazzaville, which prioritises economic diversification, reduced dependence on hydrocarbons, and inclusive growth.

By modernising port infrastructure, enhancing trade competitiveness, and strengthening logistics capabilities, AD Ports Group supports the Government’s ambition to position Pointe‑Noire as a leading maritime and logistics hub for Central and West Africa, whilst generating sustainable economic and social benefits. 

The marine works contract includes the full design and construction of the quay wall, marine structures, crane foundations, quay infrastructure, and associated waterside works. The topside works contract covers the development of a concession area, including container yard infrastructure, operational and administrative facilities, utilities networks, substations, and supporting terminal infrastructure.

The crane supply contract covers the manufacture and delivery of Super Post-Panamax STS cranes, which are amongst the largest and most advanced in container ports. The hybrid RTG cranes are expected to reduce diesel consumption by up to 60% compared to conventional diesel-powered RTGs, equivalent to savings of approximately 1 million litres of fuel per year, and a reduction of around 5,000 tonnes of CO2 emissions.

AD Ports Group continues to expand across Africa, with port terminals and logistics businesses in Egypt, Tanzania, Angola, Cameroon, and the Republic of the Congo, supporting regional trade integration and long-term economic development. In addition, the Group provides maritime shipping services in West and East Africa, and is building a 20km2 industrial and logistics park in East Port Said, Egypt, at the Mediterranean mouth of the Suez Canal.

18, May 2026
UNIQLO Brings UT Graphic T Universe Pop-Up to Gurugram

Delhi, May 18 :  Global apparel retailer UNIQLO is bringing the world of UT to Gurgaon with a month-long UT Pop-Up at Ambience Mall, Gurugram from May 15 to June 15, 2026. Designed as a celebration of pop culture and self-expression, the limited-time pop-up invites customers to discover UT, UNIQLO’s graphic T-shirt label, through some of its most globally loved collections inspired by art, manga, anime and characters.

UNIQLO Brings UT Graphic T Universe Pop-Up to Gurugram

The pop-up features a curated showcase of UT collections across globally recognized cultural franchises including Disney, manga and anime series, gaming titles, and other popular cultural touchpoints. Through UT, UNIQLO continues to bring together creativity and everyday wear, reimagining graphic T-shirts through the lens of LifeWear – simple, high-quality clothing designed to enrich everyday life.

Located at Ambience Mall, Gurugram, the limited-time pop-up has been designed to offer customers an engaging introduction to UT’s distinctive visual universe through seasonal collections, limited-time drops, and dedicated displays inspired by globally loved stories and characters. With graphic T-shirts continuing to see growing popularity among younger consumers and pop culture communities, the pop-up brings together fashion, individuality, and everyday style in a format tailored for customers evolving cultural landscape.

UT, short for UNIQLO T-shirt, is UNIQLO’s graphic T-shirt label that collaborates with artists, brands, characters, games, anime, and cultural institutions from around the world. Featuring collections across art, manga, music, movies, and characters, UT transforms cultural moments into wearable everyday apparel.

As part of the activation, customers and visitors are encouraged to share their favourite UT moments on social media throughout the duration of the pop-up.

 

18, May 2026
VST Tillers Tractors Limited reports 25% revenue growth with strong operational performance

VST

 

Bengaluru, May 18:  VST Tillers Tractors Limited (VST), India’s leading farm equipment manufacturer, today announced its financial results for the 4th quarter and the financial year, showcasing continued growth momentum and operational resilience.

 Financial Highlights – FY2025-26

  • Revenue from operations increased to 1,240 crore, registering a robust growth of 25% compared to 995 crore in FY2024-25, marking new milestone in the Company’s revenue growth journey.

·        Operational EBITDA increased significantly to 166 crore from 70.7 crore in the previous year. Operational EBITDA margins improved by 221 basis points to 13.38% from 11.17% last year. Operational EBITDA is computed after excluding other income and fair value gain/(loss) on investments.

  • Profit After Tax (PAT) stood at 106 crore as against 94 crore in FY2024-25. Excluding the impact of fair value gain/(loss) on investments, adjusted PAT increased by 61% to 113 crore from 70 crore in the previous year.
  • The Company generated strong operating cash flows of 132 crore during the year compared to 76 crore in the previous year, supported by improved operational performance, efficient working capital management, and a strong balance sheet with healthy cash reserves.

 

Q4 FY2025-26 Highlights

·        For Q4 FY2025-26, the Company reported revenue from operations of ₹328 crore, registering a growth of 9% compared to the corresponding quarter of the previous year.

·        Operational EBITDA for the quarter increased to ₹46.82 crore from ₹40.37 crore in Q4 FY2024-25, with EBITDA margins improving to 14.2% from 13.4% in the corresponding period last year.

·        Reported Profit After Tax (PAT) for the quarter stood at ₹5 crore as against ₹25 crore in Q4 FY2024-25. Excluding the impact of fair value gain/(loss) on investments, adjusted PAT increased by 36% to ₹39 crore from ₹28 crore in the corresponding quarter of the previous year.

18, May 2026
The real value of water is felt only when it runs dry: DropTalk 2026

 

DropTalk 2026, Water Sustainability Summit, Bringing Together Leaders in Water, Climate and Sustainability

Drop Talk 2026 Inauguration

Bengaluru, May 18: DropTalk 2026, a two-day summit dedicated to conversations, collaboration and action on water and climate sustainability, was held at Indian Institute of Science (IISC) in Bengaluru. Hosted by FluxGen Sustainable Technologies, in collaboration with Indian Institute of Science (IISc), Department of Instrumentation & Applied Physics, Interdisciplinary Centre for Water Research (ICWaR), Centre for Sustainable Technologies (CST) and OpenWater. The summit is sponsored by Murugappa Water Technology and Solutions (MWTS).

The summit has brought together policymakers, researchers, industry leaders, startups, environmentalists and students to deliberate on innovative and sustainable approaches to water management, climate resilience and environmental stewardship.

Speaking at the inaugural session, Rajeev Gowda highlighted the need for stronger collaboration between academia, industry and policymakers to address critical sustainability challenges. He emphasised that Bengaluru possesses the talent, institutions and innovation ecosystem required to emerge as a global hub for research-driven solutions in water and climate sustainability.

The event also featured thought-provoking discussions on the growing challenges of water scarcity, climate change and sustainable resource management. Experts stressed the importance of adopting integrated “One Water” approaches that combine rainwater harvesting, wastewater reuse, watershed protection, lake rejuvenation and efficient urban water management practices.

Addressing the gathering, Jaytheerth Nadgir underscored the importance of collective responsibility in securing a sustainable future for the next generation. He also highlighted India’s growing leadership in cleantech innovation and the need to recognise and support indigenous solutions emerging from startups, research institutions and industry.

Drop Talk 2026 Lake Walk

DropTalk 2026 featured a wide range of engaging sessions and immersive experiences, including HydroMingle, Jal Samvaada, Flow Forward, Women in Water, lake walks, technology showcases and discussions on industrial water management and sustainability. One of the key highlights of the summit is the Painting Competition for school students, aimed at inspiring young minds to think creatively about sustainability, water conservation and environmental responsibility.

Dr. Krishna Raj, Professor and Head RBI Chair Professor Centre for Economic Studies and Policy Institute for Social and Economic Change (ISEC) said “every drop of water has value, regardless of whether it comes from rivers, groundwater, rainwater or even wastewater. India urgently needs to redefine and reimagine water management, as climate change and rising demand are creating severe risks to future water availability. We know the price of water, but we often fail to understand its true value. Water is no longer a free resource — it is an economic, social and environmental asset that must be conserved and managed responsibly for future generations,” he observed.

Ganesh Shankar, Founder, FluxGen Sustainable Technologies said, “the real value of water is felt only when it runs dry. Urban India must move from a unidirectional water supply approach to an integrated ‘One Water’ management system that includes rainwater harvesting, wastewater reuse, lake restoration, watershed protection and efficient consumption practices. Source protection and watershed management are critical for ensuring sustainable water supply to cities like Bengaluru. Governments, industries and citizens must work together to improve water accounting, reduce pollution and promote equitable access to safe drinking water,”

Prof. Rajeev Gowda, former MP and Chair, Bengaluru Research and Innovation Network “Bengaluru has the talent, institutions and industry ecosystem needed to become a global hub for research and innovation. Through the Bengaluru Research and Innovation Network, we want to break silos, build collaborations and create platforms where interdisciplinary ideas can emerge and solve real-world challenges like water sustainability. We cannot allow Bengaluru to face a future of water scarcity. Two years ago, headlines warned that Bengaluru could become the next major city to run dry, but with integrated solutions such as wastewater reuse, rainwater harvesting, lake rejuvenation and groundwater recharge, we can build a sustainable water future for the city.”

“Water management requires both innovation and policy alignment. From projects like the KC Valley initiative to apartment-level wastewater treatment and reuse, Karnataka is already moving towards a ‘One Water’ approach, but we need more research-backed ideas and stronger collaboration between academia, policymakers and industry,” he added. According to him, “Water sustainability is not just a policy issue, it is a responsibility we owe to the next generation. I personally believe that we must act today so that we never have to apologise to our children for the environmental challenges they inherit tomorrow,”

Jaytheerth Nadgir, CEO Murugappa Water Technology & Solutions said “India is witnessing a golden phase of innovation in clean technologies. Startups, research institutions and industries are doing remarkable work in areas such as water management, sustainability and cleantech, and it is important that we recognise and celebrate our own achievements. The future of agriculture, sustainability and water conservation are deeply interconnected. If we truly want to improve farmers’ incomes and build a sustainable future, we must focus on the ‘soil to soul’ approach, where responsible management of natural resources becomes central to development,”