9, Apr 2026
Indium launches The Lifter to ease Tech Debt

India, Chennai, Apr 09:  Indium, an AI services company, today announced the launch of The Lifter, an agentic AI platform designed to address the substantial “Reverse Engineering Tax” that currently constrains innovation within enterprises. The Lifter enables organizations to automate the understanding of legacy systems with its’ “Archaeology before Architecture” methodology, that compresses months of manual discovery into mere weeks. 

An Invisible Tax

In the world of modern software engineering, two things are certain: debt and taxes. For the average US enterprise, 40% of the IT balance sheet is consumed by technical debt. This “Reverse Engineering Tax” forces developers to spend 58–70% of their time simply trying to understand their own existing code rather than writing new features. 

Archaeology Before Architecture – using Agentic AI to read code and documentation

The Lifter is a fundamental shift in how modernization is viewed. It rejects the industry norm of “modernize now, pay taxes later” in favor of automated system archaeology with ‘Engineers in the loop’. The platform uses Agentic AI to build a complete, deep-layer understanding of an enterprise’s entire estate—including applications, data, and testing—before a single line of code is moved or refactored. 

“For 20 years, modernizing legacy systems has been a high-risk guessing game that impacts productivity. We built The Lifter to change that with a ‘read before you write’ philosophy—understanding what you have before you try to change it,” said Ram Khizamboor, COO at Indium. “The platform is built with Claude as its primary foundation, yet it is architected to be LLM-agnostic, ensuring it can seamlessly integrate with any large language model an enterprise prefers”. 

“In industries such as Insurance, Financial Services, Technology, and Healthcare, companies that have been burdened by technical debt are finally achieving value realization and unlocking the full potential of their systems,” said Ritesh Khanna, CRO at Indium. “Our platform is already seeing remarkable results from our first few global implementations across North America and Europe. The Lifter is helping these organizations transform their technical debt into a foundation for rapid, modern innovation”. 

The Three Pillars of Modernization

The Lifter provides a unified intelligence layer across three critical surfaces of the enterprise:

  1. Legacy Lifter: Automates code archaeology across undocumented codebases, mapping dependencies and extracting embedded business logic. It reduces assessment cycles from months to weeks and improves engineering productivity by up to 5x.
  2. Data Lifter: Analyzes legacy schemas and hidden data dependencies to ensure semantic integrity during migrations. This allows teams to migrate faster by up to 5x while ensuring the “meaning” of data survives the journey.
  3. Test Lifter: Replaces “deploy with hope” with evidence through AI-driven test generation and impact-based regression. Teams can cut test cycles by up to 70% while ensuring that changes hold up under real-world production stresses. 

Enterprise-Fit: Secure & Auditable

Designed for highly regulated industries such as Financial Services and Healthcare, The Lifter is built with an “Engineer-in-the-Loop” governance model. It can run entirely on-premises with private and open-source LLMs, ensuring that sensitive codebases and data never leave the client’s control. Every AI-generated insight is inspectable and reviewable by human engineers, providing full auditability and traceability.

9, Apr 2026
SLR launches enhanced Digital Services following acquisition of leading climate-modelling and analytics platforms

London – UK, 09 April 2026

SLR today announced the launch of its enhanced Digital Services following the acquisition of Planetrics and ClimSystems – two of the market’s most advanced climate‑modelling and analytics platforms. The move significantly strengthens SLR’s digital climate-intelligence capabilities and responds to growing demand from investors, businesses and public sector organisations to understand and address climate risk and associated value at risk with greater accuracy.

As momentum behind long‑term climate commitments fluctuates globally, climate‑related risks continue to intensify. Decision‑makers across sectors are increasingly focused on understanding how physical impacts – such as flooding, shifting rainfall patterns, heat, and wildfire – create both risks and opportunities for how business and governments operate. With physical impacts accelerating alongside heightened regulatory expectations, the financial implications are increasingly material across almost every sector. Organisations face growing pressure to base decisions on robust, science-driven climate intelligence. Traditional risk models – built on historical data – are increasingly unable to capture fast-moving transition dynamics and asset level climate shocks, leaving many businesses exposed. As a result, companies across energy, infrastructure, manufacturing, real estate, financial, consumer markets and the public sector are turning to science-based climate modelling for clearer foresight. These analytics – grounded in decades of validated research and high-resolution climate projections – equip organisations to make more confident investment and planning decisions, strengthen risk management, and build long term resilience into their operations and portfolios.

Strengthening SLR’s digital, technical and advisory capabilities

The acquisition of Planetrics and ClimSystems enhances SLR’s strategic advisory, climate and technical expertise, significantly advancing its digital climate analytics and modelling capabilities to create a powerful foundation for the next generation of climate intelligence. These acquisitions build on SLR’s long-standing investment in advanced digital tools and data driven‑intelligence that help organisations to understand, quantify and respond to climate-related risks and opportunities.

Planetrics, acquired from McKinsey & Company, delivers advanced climate scenario modelling through its PlanetView platform, widely trusted by leading banks, insurers, asset owners, managers and corporates. PlanetView converts complex physical and transition risks and opportunities into clear financial metrics – including changes in earnings, asset value shifts and portfolio-level impacts. It also enables organisations to assess how different transition pathways – such as an accelerated energy transition or policy developments could influence operational and financial performance, and impact long-term value. Planetrics data and analytics are used for risk management, stewardship and engagement activities, investment research, opportunity identification, regulatory climate stress testing exercises, such as those conducted by the Bank of England and the European Central Bank, and are commonly featured in climate disclosures, such as TCFD, ISSB, CSRD and CA SB 253 (forthcoming). Planetrics and SLR will continue to collaborate with McKinsey through an ongoing alliance, bringing a world class suite of capabilities to help organisations address critical sustainability challenges while ensuring continuity for clients. SLR is excited to deepen this relationship and to work alongside McKinsey’s board level networks and transformational business leadership.

Building on the strategic partnership established in 2022, and now formalised as a full acquisition, ClimSystems brings 20 years of market-leading physical climate intelligence to SLR, delivering detailed, science-driven modelling that quantifies how climate-related hazards could impact asset values, infrastructure resilience and supply chain exposure. ClimSystems supports a global client base, including market leaders in agriculture, mining, infrastructure and financial services. Its product suite include interactive, tailored dashboards that integrate with business, risk and financial oversight functions – enabling business owners to engage and interact access high-resolution physical hazard risk assessments at an individual asset or portfolio level, crop-specific yield modelling to identify risks, and opportunities of changing climate, residential and commercial real-estate climate risk assessments, and rapid-response due-diligence physical climate risk support.

Together, these technologies set a new standard for accuracy, transparency and usability. By translating complex climate signals into clear, actionable intelligence, SLR enables organisations to make future-proof decisions to price risk more accurately, anticipate regulatory shifts, protect asset value and uncover new opportunities.

Bradley Andrews, Chief Executive Officer at SLR, noted, “Our clients are navigating a new level of complexity – balancing transition opportunities, physical climate impacts, and the transformation required for long-term risk, resilience and reward. In this environment, confidence is only possible with robust scientific evidence. For more than 30 years, SLR has been Making Sustainability Happen by combining deep technical expertise, strategic advisory and cutting‑edge digital intelligence to give clients not only clarity and assurance, but science‑based foresight and insight they can act on.

Today marks a major milestone in SLR’s digital journey. With the integration of Planetrics and ClimSystems, we have two of the most advanced climate platforms enabling organisations to quantify climate risks, explore multiple futures, and understand how physical and transition impacts translate into operational outcomes and financial value-at-risk across assets and portfolios.”

Clients can now make investment, planning and risk decisions with far greater accuracy and confidence – with clear financial insight into climate risks and precise visibility into which assets, crops, facilities or supply‑chain links are exposed, and how that exposure will evolve. To understand what these enhanced capabilities mean for your organisation’s risk, value and long‑term performance, connect with SLR’s Digital Services team: www.slrconsulting.com/digital

9, Apr 2026
World Bank Raises India’s FY27 Growth Outlook, Warns of Inflation Pressures

Washington, Apr 9 (BNP): The World Bank has revised India’s economic outlook, projecting GDP growth of 7.6% for FY26 while raising its forecast for FY27 to 6.6%. The updated estimate marks an improvement from its earlier projection of 6.3% made in October.

Despite the upward revision, the global lender expects growth to moderate in FY27 compared to FY26. This anticipated slowdown is attributed in part to external uncertainties, including the ongoing tensions in West Asia, which could weigh on global economic conditions.

World Bank Raises India’s FY27 Growth Outlook, Warns of Inflation Pressures

 Pic Credit: Pexel

The report also highlights potential inflationary pressures. Strong domestic demand, along with stabilizing food prices and rising energy costs, may push inflation higher in the coming months.

India’s growth continues to be supported by resilient consumption and steady economic activity. However, the World Bank cautions that managing inflation and navigating global risks will be crucial to sustaining momentum.

Overall, while India remains one of the fastest-growing major economies, the outlook suggests a balance between strong fundamentals and emerging challenges in the year ahead.

9, Apr 2026
Global Indian Workforce to Push Remittances Near Dollar 137 Billion by FY27

New Delhi, Apr 9 (BNP): Money sent home by Indians working abroad is expected to rise steadily, with remittances projected to reach nearly $137 billion by FY27, according to estimates by the World Bank.

India has long remained the world’s top recipient of remittances, reflecting the strong global presence of its workforce—from skilled professionals in advanced economies to workers in the Gulf region. These financial flows continue to play a vital role in supporting millions of families across the country.

Global Indian Workforce to Push Remittances Near Dollar 137 Billion by FY27

 Pic Credit: Pexel

For many households, remittances are more than just income—they help cover everyday expenses, fund education, improve healthcare access, and even support small businesses. In rural and semi-urban areas especially, this inflow often acts as a financial lifeline.

The projected growth is being driven by stable employment conditions in key destination countries, rising wages in certain sectors, and the increasing migration of skilled Indian workers. Digital payment systems have also made it faster and easier to send money home, further supporting the upward trend.

At a broader level, these inflows strengthen India’s external position by boosting foreign exchange reserves and helping balance the current account.

Even as global economic uncertainties persist, the resilience of Indian migrants and their continued connection to families back home remain at the heart of this steady rise in remittances.

9, Apr 2026
Sleepyhead launches stain & water-repellent BITE sofa, proves comfort can be loud, messy & unhinged with a strong pop culture approach

Sleepyhead launches stain & water-repellent BITE sofa, proves comfort can be loud, messy & unhinged with a strong pop culture approach

New Delhi, Apr 09: Sleepyheadthe modern furniture and sleep solutions brand, has unveiled its latest offering – the BITE Sofa, through a bold, culture-led campaign that merges music, movement, and modern design. At the heart of the campaign is an offbeat music video that captures the unfiltered, unhinged side of everyday life, with the sofa seamlessly stepping in as both prop and protagonist. The campaign leans into irreverence, using music and movement to move away from predictable formats and bring in a more playful, culture-first energy.

 
Designed for a generation that embraces chaos yet seeks comfort, the BITE Sofa emerges as a seamless blend of style, functionality, and everyday ease.
 
Engineered for real life, its soft woven 380 GSM fabric is both stain and waterrepellent, making it one of the most low-maintenance, worry-free choices. Crafted with solid wood, 6 inches of high resilience foam and a sleek tuxedo-style design, it can elevate the vibe of any living room.
 
The tufted upholstery across all the sides adds a sink-in, lounge-worthy feel with a broad seat depth for superior comfort.
 
Thoughtfully designed for compact spaces, the sofa’s raised wooden legs aids effortless cleaning and makes living rooms look more spacious and airy. Put through over 50,000 abrasion tests and backed by a 3-year warranty, the BITE Sofa brings together durability and design, where spills and everyday mess simply become part of the story, not the problem.
 
The soundtrack, composed and produced by Gandhar (@actuallygandhar), the emerging live looping artist known for blending genres with a distinct sonic identity. On screen, Piyush Gurbhele (i_am_piyush_gurbhele), a Dance India Dance 6 Runner-up, celebrated for his dynamic style and storytelling-led performances.
 
Apart from the film, Sleepyhead has extended the campaign through a dance-off with influencers, encouraging creators to share their sofa spill story through a series of social posts that showcases the sofa’s stain-resistant functionality in real, everyday scenarios.
 
Speaking on the launch, Mr. Ullas Vijay, Chief Marketing Officer, Duroflex, said: “With BITE, we set out to create something culturally alive by collaborating with new-age artists who are shaping how young India expresses itself today. Drawing from the popular social media discourse of ‘use of free will’ we brought together movement, and storytelling to reflect a generation that is expressive, unfiltered, and effortlessly at ease.”
 
With the BITE SofaSleepyhead continues to push the boundaries of how furniture is perceived as integral parts of self-expression and everyday storytelling.
9, Apr 2026
Bangalore International Airport Limited, Indigo and Digi Yatra Successfully Conduct Technical Trials of Contactless International Travel Project with IATA

April 09: Bangalore International Airport Limited (BIAL), in partnership with IndiGo, Digi Yatra Foundation, and International Air Transport Association (IATA), successfully demonstrated integrated international travel flow from ticketing, managing bookings to seamless, biometric-enabled journey in technical trials at the Kempegowda International Airport Bengaluru (BLR Airport). This first-of-its-kind initiative in India was part of IATA’s global campaign of conducting Proofs-of-Concept (PoCs) for International Contactless travel journeys in key markets across the globe.

Bangalore International Airport Limited, Indigo and Digi Yatra Successfully Conduct Technical Trials of Contactless International Travel Project with IATA

 Earlier this year, IndiGo and Digi Yatra Foundation had successfully implemented cutting-edge Self-Sovereign Identity (SSI) based ecosystem utilising biometric technology for contactless passenger processing at airports and an app-to-app integration enabling seamless sharing of boarding passes between their-mobile applications. Building on the successful model, IndiGo and Digi Yatra Foundation, in association with BIAL, have demonstrated the viability and scalability of this technology to enable international travel. This marks a significant step towards full‑scale deployment and ushers in the next phase of digital travel.

BLR Airport has been at the forefront of implementing Digi Yatra, setting benchmarks for seamless and secure domestic passenger processing. As international passenger volumes continue to grow, the airport is now advancing the next phase of biometric enabled travel for international passengers. This positions BLR Airport as the only airport in India participating in this IATA-led global initiative alongside leading airports and airlines worldwide.

George Fanthome, Chief Technical Officer, Bangalore International Airport Limited, said:

At BLR Airport, we have taken a phased approach to building a biometric led travel ecosystem, supported by continued investments in seamless, technology enabled passenger flows. These new trials align with the airport’s broader vision of enabling contactless travel at scale, where passenger-controlled data, interoperability, and seamless experiences converge. As the ecosystem evolves, the focus will be on driving standardisation and enabling contactless journeys that can scale across other airports.

Neetan Chopra, Chief Digital and Information Officer, IndiGo, said

“At IndiGo, we are committed to shaping the future of travel through innovation and customer‑centric solutions. These successful technical trials clearly demonstrate the feasibility and scalability of leveraging digital identity and biometric technologies to deliver seamless, contactless airport experience. We are pleased to have collaborated with IATA, Digi Yatra and BIAL to take this initiative a step ahead from the concept stage, and look forward to it playing a meaningful role in the evolution of global air travel.”

“India is emerging as a global leader in digital and contactless travel, and the work being done by IndiGo, Digi Yatra and Bangalore International Airport Limited clearly demonstrates what is possible when innovation, scale and collaboration come together. This proof‑of‑concept shows how India’s digital identity ecosystem can be extended beyond domestic travel to enable seamless international journeys, built on globally aligned standards. The success of these trials reinforces India’s role in shaping the next phase of passenger experience transformation, with solutions that can be replicated across the world,” said Kim Macaulay, IATA’s Chief Information and Data Officer.

Suresh Khadakbhavi, CEO Digi Yatra Foundation, said

“What we have demonstrated with IndiGo, BLR Airport, and IATA goes beyond a successful PoC, it is a glimpse into the future of international travel. We enabled a seamless, end-to-end digital journey where a passenger’s identity is securely established in advance and verified across airport touchpoints using only their face. Built on Digi Yatra’s privacy-first, consent-led framework, this approach ensures minimal, purpose-bound data usage. By aligning with IATA’s One ID standards, we have also demonstrated true interoperability with other global travel ecosystems, paving the way for faster, more secure, and globally trusted travel experiences at scale”

9, Apr 2026
US Dollar Weakens Sharply, 2026 Gains Vanish on Geopolitical Concerns

Apr 9: The U.S. dollar weakened sharply, with the US Dollar Index falling by more than 1 percent amid rising geopolitical tensions, erasing all the gains it had built up earlier in 2026.

The decline reflects increasing caution among investors, who are reacting to global uncertainties by shifting away from the dollar. This change in sentiment has put pressure on the currency, reversing its earlier upward trend.

The US Dollar Index tracks the dollar’s performance against a basket of six major currencies. Among these, the Euro carries the highest weight, followed by the Japanese Yen, British Pound, Canadian Dollar, Swedish Krona, and Swiss Franc.

A fall in the index typically indicates a broad-based weakening of the U.S. currency against its global peers. The latest drop highlights how sensitive currency markets are to geopolitical developments and shifting investor confidence.

Analysts note that if uncertainty persists, the dollar could remain under pressure in the near term, with investors likely to continue seeking safer or alternative assets.

9, Apr 2026
Scoot Expands Network in Indonesia with New Flights to Belitung and Pontianak

Singapore, Apr 09: Scoot, the low-cost subsidiary of Singapore Airlines (SIA), today announced the launch of new flight services to Belitung and Pontianak in Indonesia. Operated by the Embraer E190-E2 aircraft, these flights will commence in May and June 2026 respectively, offering travellers greater accessibility and more options for travel. 

Belitung is a tropical gem tucked away in the eastern coast of Sumatra, and known for its unique geological formations, rich biodiversity, and pristine coastlines. The island is also home to the Belitung Tarsier, a nocturnal primate subspecies unique to the island. From 3 May 2026, Scoot will launch two times weekly flights to Belitung. 

Pontianak, the capital of West Kalimantan, sits directly on the equator and is home to the Equator Monument, where visitors can stand between the northern and southern hemispheres. This culturally rich riverside city, set along Indonesia’s longest river, the Kapuas River, also enjoys a reputation as a food haven with its wide variety of local specialities. From 29 June 2026, Scoot will operate three times weekly flights to Pontianak. 

One-way Economy Class fares to Belitung and Pontianak, inclusive of taxes. The new flights will be available for booking from today via Scoot’s website, mobile application, and progressively through other channels.

With the launch of services to Belitung and PontianakScoot’s network will increase to 85 destinations across 18 countries and territories.

In addition to the new destinations, Scoot will also be increasing flight frequencies within its network to support the demand for air travel, especially during the upcoming school holiday season. 

From April 2026, flights to Phuket will increase from 17 to 21 times weekly and flights to Sibu will increase from three to four times weekly. From June 2026, flights to Bali and Jakarta will increase from 28 to 35 times weekly. In the same month, services to Labuan Bajo will increase from two to three times weekly, services to Lombok will increase from four to 10 times weekly and services to Manado will increase from six times weekly to daily flights. 

In North Asia, frequencies to Okinawa will increase from three to four times weekly from April 2026. Similarly, frequencies to Changsha will increase from four to five times weekly. In Europe, frequencies to Vienna will increase from three to four times weekly from June 2026. 

Mr Leslie Thng, Chief Executive Officer of Scoot, said, “The addition of new routes to Belitung and Pontianak not only enhances Scoot’s footprint in Indonesia, but also strengthens the SIA Group’s network connectivity through Singapore. The increase in flight frequencies to many popular destinations will also support demand for travel as we head into the school holiday season. We remain committed to providing our customers with more travel options and enjoyable journeys with Scoot.” 

Flight schedules are subject to government and regulatory approvals or changes. For more information on flight schedules.

9, Apr 2026
PFRDA and Industry Partners Introduce “NPS Swasthya” to Integrate Retirement Savings and Healthcare Accessibility

Bengaluru, India  Apr 09: The Pension Fund Regulatory and Development Authority (PFRDA) launched the second POC(under regulatory sandbox) of NPS Swasthya, an initiative intended to provide for healthcare funding alongwith retirement planning. NPS Swasthya is a multi-partner initiative structured to provide comprehensive financial and health security. The Pension Fund Regulatory and Development Authority (PFRDA) serves as the regulatory authority. Medi Assist Healthcare Services acts as the core technology partner, providing digital infrastructure. CAMS KRA supports subscriber onboarding and KYC enablement. Tata Pension Fund and Axis Pension Fund serve as the designated pension fund managers. Aditya Birla Health Insurance provides the integrated top-up insurance cover, and Medi Assist TPA manages claims administration.

The initiative addresses a growing gap in India’s retirement landscape, where healthcare costs are projected to rise by 11.5%–14% in 2026, significantly outpacing inflation and putting long-term financial security under pressure for millions. This comes at a time when the pension ecosystem is rapidly scaling, with National Pension System (NPS) and Atal Pension Yojana (APY) having a cumulative subscriber base of 9.64 crore and combined assets under management pegged at INR 16,55,655 crore (as of 29 March 2026).

National Pension System (NPS) funds have traditionally remained locked until the subscriber reaches retirement age. NPS Swasthya is designed to provide subscribers access to a “Net Eligible Balance” up to 25% of their contributions. Subscribers can access these retirement units for immediate medical expenses through the MAven App, developed by Medi Assist Healthcare Services, which features direct integration with the CAMS Central Recordkeeping Agency (CRA) API.

Key Highlights

● NPS Swasthya funds managed by Tata Pension Fund and Axis Pension Fund. NPS Swasthya is being launched under the Multiple Scheme Framework (MSF) of the National Pension System, which enables subscribers to allocate their investments across multiple schemes offered by different pension fund managers. This framework enhances flexibility and choice, allowing investors to tailor their retirement portfolio to their evolving needs while seamlessly integrating features such as healthcare preparedness within the broader NPS structure.

● Health Coverage Integration: The program combines NPS savings, standard health benefits, and a Group Health Super Top-Up insurance plan from Aditya Birla Health Insurance.

Integrated Technology Platform: The technology architecture powering NPS Swasthya combines the strengths of CAMS and Medi Assist to deliver a seamless subscriber experience. The CAMS platform will enable subscribers to easily select suitable schemes, complete enrolment, and make informed decisions on the level of health coverage and sum insured required, including options for top-up policies. Complementing this, the Maven platform by Medi Assist Healthcare Services will facilitate instant verification through CRA-authenticated secure OTPs and enable fully digital withdrawals for healthcare expenses. The platform will also enable automatic registration and processing of claims in the top-up policies.

● Network Access: Medi Assist offers access to a network of more than 15,500 hospitals across 1,264 cities to process cashless payments for inpatient (IPD) and facilitates outpatient (OPD) services as a technology aggregator.

● Investment Continuity: Unused contributions continue to accumulate market-linked returns while remaining accessible for medical emergencies.

Speaking at the occasion, here’s what the leaders had to add : “Currently 10% of Indian Population falls in the category of senior citizens and this demographic is expected to climb to over 20% by the year 2045-50. The fact of the matter is that several elderly remain outside the medical insurance net, making them extremely vulnerable to expenses beyond their reach. The idea of retiring with dignity cannot be alienated from a strong sense of medical security for the elderly. It is not often that we find two regulatory systems coming together to create something for the customers’ benefit. The entire premise of NPS Swasthya Pension Scheme rests on the feasibility of integrating health-related benefit mechanisms with the existing NPS architecture and to assess the associated operational, technological and regulatory aspects. While the first proof of concept launched in January 2026 was for outpatient services, the second proof of concept launched today is about inpatient and hospitalization bills. When put together, we can actually appreciate the consolidated service from the Swasthya Account. NPS Swasthya Pension Scheme not only grows the subscriber’s corpus at a rate that is comparable to other popular instruments available in the market, but also provides financial support for out-patient and inpatient medical expenses in case of medical emergencies. – Shri Sivasubramanian Ramann, Chairperson, Pension Fund Regulatory and Development Authority It is gratifying to see the potential fusion between a pension account and the concept of a top-up medical insurance clubbed for the larger good of the elderly who otherwise remained outside the ambit of medical insurance in the sunset phase of their life.””NPS Swasthya reflects our commitment to evolving retirement solutions that address the realities of longer life and rising healthcare costs. It enables investors to build a robust retirement corpus while staying financially prepared for medical needs, bringing greater balance and resilience to long-term financial planning.”

– Kurian Jose, CEO, Tata Pension Fund Management.

Subrat Mohanty, Executive Director, Axis Bank, said: “India is witnessing a steady rise in awareness around healthcare and financial planning. As awareness and long‑ term financial planning continue to grow, customers are increasingly looking for solutions that deliver flexibility alongside protection. Axis NPS Swasthya Top Up Plus Fund addresses this need by seamlessly integrating healthcare coverage with retirement planning, ensuring investments remain market‑ linked and continue to generate returns if not utilised for medical expenses without compromising long‑ term retirement goals.”

Sumit Shukla, MD & CEO, Axis Pension Fund, said: “NPS Swasthya is unique since it offers a very different health and hospital proposition. A hospitalisation cover of  up to ₹30 lakh at a cost of under ₹10 per day, making healthcare preparedness more accessible within the NPS framework. With this launch, we are strengthening the relevance and adaptability of long-term savings and appreciate PFRDA’s progressive approach in enabling health-linked solutions with NPS.”

Satish Gidugu, CEO, Medi Assist Healthcare Services, said, “At Medi Assist, we believe that technology is the ultimate equaliser in healthcare. By powering the NPS Swasthya ecosystem through our MAven platform, we are transforming a long-term retirement asset into a real-time health resource. We are proud to work alongside PFRDA to ensure that as India’s pension assets grow, so does the health security of every individual contributing to that growth.”

The NPS Swasthya Scheme is available to Indian citizens aged 18–85. Enrollment is subject to a “Good Health Declaration,” ensuring a streamlined onboarding process for members without major pre-existing conditions like heart disease or diabetes.

Through this partnership, PFRDA and industry partners are setting a new standard for social security in India – where technology enables not just a healthier, more secure retirement, but also advances the vision of Viksit Bharat 2047 and health insurance for all.

9, Apr 2026
Haworth Strengthens Distribution and Market Presence to Capitalise on Rising Demand for Workspaces in India

Haworth, a leading provider of design-led workplace solutions, is strengthening its growth strategy with a focus on expanding its distribution network and strengthening local supply chain capabilities, as demand for high-performance workplaces continues to rise across India.

Haworth Strengthens Distribution and Market Presence to Capitalise on Rising Demand for Workspaces in India

 The company has built a strong presence through its experience and design centres in Bengaluru, Mumbai, Delhi/NCR, Chennai and Hyderabad, supported by a robust manufacturing facility in Chennai. This setup enables faster delivery, greater customization, and improved responsiveness to client requirements. India’s importance in Haworth’s global strategy is reinforced by the expansion of Global Capability Centres and multinational operations, which are driving demand for sophisticated, experience-led work environments aligned with global standards.

“India is no longer an emerging market for us; it is a strategic growth engine. The scale of opportunity, combined with evolving workplace expectations, is reshaping how organisations design and use office spaces. Our focus is on building local capabilities, expanding our reach, and partnering with clients to deliver integrated workplace solutions that enhance productivity, collaboration, and employee well-being. For Haworth, India also plays a dual role by driving Asia Pacific growth while supporting global accounts with consistency, scale, and innovation. It is a market where we are not just participating, but actively shaping the future of work,” said Manish Khandelwal, Managing Director, Haworth India.

As part of its next phase of growth, Haworth is expanding into emerging cities through a stronger dealership network, improving access to emerging business hubs. At the same time, Haworth continues to strengthen its local operating model, improving agility, delivery timelines, and the ability to deliver customised solutions across markets. Government initiatives such as ‘Make in India’ and ongoing infrastructure expansion are further strengthening the manufacturing ecosystem, improving ease of doing business and enabling greater localisation. This is helping companies like Haworth align more closely with customer expectations for faster delivery and local sourcing, while also supporting expansion into new and emerging business hubs.

This expansion comes at a time when the office furniture market in India is witnessing steady growth, driven by sectors such as IT and ITES, BFSI, consulting, multinational corporations, and the expanding Global Capability Centre (GCC) ecosystem, with education and large Indian enterprises emerging as longer-term opportunities.

Hybrid work is accelerating the shift toward collaborative, flexible, and ergonomic workplaces, increasing demand for integrated, design-led solutions. At the same time, organisations are placing greater emphasis on sustainability, material innovation, and long-term space efficiency, prompting solution providers to rethink design, sourcing, and lifecycle management across workplace environments.

Haworth is responding to this shift through a solution-led approach that combines global design expertise with insights into workplace behaviour. This reflects Haworth’s solution led approach, where design, research, and behavioural insights come together to create meaningful workplace experiences. Its portfolio spans seating, collaborative spaces, workstations & systems and acoustic solutions, enabling organisations to create adaptable, future-ready environments. The company is also sharpening its focus on key solution areas, including ergonomic seating to support employee well-being and performance, collaborative pods and flexible spaces to enable team-based work, and advanced acoustic solutions tailored for hybrid environments. Backed by global design collaborations and research driven insights, Haworth’s integrated ecosystem integrates furniture, design, and workplace intelligence, positioning the company as a solution led workplace partner.

Looking ahead, Haworth will expand its presence in emerging markets, deepen its leadership in the GCC segment, and strengthen engagement with enterprise clients and the design community. The company is also accelerating its shift toward solution-led engagement, working more closely with clients to deliver integrated, high-performance workplaces while shaping conversations around workplace transformation, sustainability, and employee experience in India.