Category Archives: Business

MSU Signs MoUs with Government of Assam to Boost Global Employment and Advance Semic

Guwahati/Mumbai, February 28, 2025: Medhavi Skills University (MSU) is proud to announce the signing of a landmark Memorandum of Understanding (MoU) with the government of Assam to enhance the employability of the youth of Assam. Under these strategic collaborations, MSU aims to establish a Skill Hub for Overseas Employment and a Centre of Excellence (CoE) for Semiconductor Technology.

The MoUs were signed at the prestigious ADVANTAGE ASSAM 2.0 Infrastructure & Investment Summit 2025, which was inaugurated by Honourable Prime Minister Shri Narendra Modi. Representing MSU, Mr. Kuldip Sarma, Co-Founder and Pro-Chancellor, signed the agreement alongside Shri B. Kalyan Chakravarthy, Additional Chief Secretary to the Government of Assam in the august presence of Dr. Himanta Biswa Sarma, Honourable Chief Minister of Assam, Shri Prasanta Phukan, Minister of Power, Skill, Employment & Entrepreneurship, Medical Education & Research; Shri Krishnendu Paul, Minister of Animal Husbandry and Veterinary, Fishery, Public Works Roads; and Dr. Ranoj Pegu, Minister of School Education, Higher Education, Tribal Affairs (Plain), Government of Assam.

Under this collaboration, the OVERSEAS EMPLOYMENT HUB will focus on empowering Assams youth with global skills and international career opportunities, paving the way for greater employability in international markets. The Centre of Excellence (CoE) for Semiconductor Technology aims to give a boost to Indias Semiconductor Mission and strengthen the state’s semiconductor ecosystem, positioning Assam as an emerging leader in advanced technology and innovation.

The signing of these MoUs is a testament to MSUs commitment to building a skilled, digital, and future-ready Assam. By integrating world-class skill development initiatives with industry partnerships, these projects will create new employment pathways, foster entrepreneurship, and contribute to the state’s economic growth.

Advantage Assam is the flagship investment and infrastructure summit of Assam designed to position the state as the gateway to South and Southeast Asia. By leveraging its strategic location, abundant resources, and growing infrastructure, Assam is fast emerging as a preferred destination for investment and skill development. Medhavi Skills University is honored to be a part of this transformative journey and remains dedicated to promoting innovation, education, and employment opportunities in the region.

98 Percent of Indian Business Leaders Accelerate AI Adoption, but Talent Shortage Persists: LinkedIn

India, February 28, 2025: Two years on, generative AI has evolved from a buzzword into a business essential, with leaders across India embracing its potential. According to new research by LinkedIn, the world’s largest professional network, 98% of business leaders in India say helping their organizations speed up AI adoption is their strategic priority in 2025. However, finding talent with the right skills remains a challenge.

Finding the right mix of AI and human skills is a challenge for nearly 3 in 5 recruiters in India

LinkedIn research shows that 54% of HR professionals in India report that only half, or fewer, of the job applications they receive meet all required and preferred qualifications. Finding candidates with the right technical (61%) and soft skills (57%) remains their biggest hiring challenge. The hardest-to-find skills in India include technical/IT skills such as software development, engineering (44%), AI skills (34%), and soft skills like communication and problem-solving (33%).

Companies are exercising ‘selective hiring’ in 2025

HR professionals in India also state they receive too many applications (47%) from candidates who are not fit for the role (41%), and are hiring more selectively in 2025. More than half of HR professionals in India say they would only consider reaching out to (55%) and hiring (54%) candidates who meet 80% or more of job qualifications.

Ruchee Anand, India Country Head, Talent & Learning Solutions, LinkedIn said, “AI is reshaping how we hire and develop talent, but the real unlock isn’t just adopting AI’s making it work for the business. Too often, companies pour resources into AI tools without the right talent to unlock their full potential, turning a game-changing opportunity into a missed one. To break this cycle, businesses need to approach hiring with a skills-first mindset because while AI will be the tool that unlocks innovation, it’s human skills like creativity, communication, and collaboration that will help companies truly stay ahead of change.”

Leaders are doubling down on upskilling their workforce

More than 8 in 10 (84%) HR professionals in India rank helping employees build new skills as a top priority for 2025, with a strong focus on upskilling in AI (84%) and essential soft skills like communication and collaboration (82%). This sentiment is echoed by all (100%) surveyed L&D professionals in India who agree that soft skills (like creativity, curiosity, and communication) are becoming just as critical as technical expertise. Nearly half (48%) of Indian leaders also say that investing in learning and development for AI training will be key to accelerating adoption.

LinkedIn is introducing new AI-powered tools to help recruiters spend more time on their most impactful work

As companies navigate a cautious economic landscape, LinkedIn is introducing new AI-powered tools to help recruiters focus on the most strategic, people-centric tasks for their jobs:

* Nearly 2 in 5 (37%) of HR professionals in India spend 1-3 hours daily sifting through job applications, and more than 3 in 5 (64%) believe AI-powered tools can make hiring faster and easier. LinkedIn’s new Hiring Assistant is designed to take on a recruiter’s most repetitive, time-consuming tasks so they can spend more time on their most impactful work like advising hiring managers, connecting with candidates, and creating exceptional candidate experiences. “I find the speed and delivery of candidates good and believe LinkedIn’s Hiring Assistant will continue to improve the team’s productivity,” said Sachin Borde, Global Talent Attraction Leader, IBM

* 7 in 10 (71%) of HR professionals in India cite difficulties accessing tailored learning resources. LinkedIn Learning’s new AI-powered coaching feature helps learners build soft skills through interactive, real-world scenarios using text or voice. It helps them gain confidence in workplace conversations like performance reviews and feedback discussions, and learners receive actionable, personalized feedback at the end of each practice session.

C-suites and CHROs on the outlook for work in 2025 (C-suite research) Methodology:

C-suite (all up) Methodology:

Global research of 1,991 C-suite executives (Chief Executive Officer, Chief Human Resources Officer, Chief Marketing Officer, Chief Revenue Officer, and Chief Technology Officer) in nine countries (Australia, Brazil, France, Germany, India, Singapore, United Arab Emirates, United States, United Kingdom) working in businesses with 1,000+ employees. Fieldwork was conducted by YouGov between Nov 26 to Dec 13, 2024.

CHRO Methodology:

Global research of 300+ Chief Human Resources Officers in nine countries (Australia, Brazil, France, Germany, India, Singapore, United Arab Emirates, United States, United Kingdom) working in businesses with 1,000+ employees. Fieldwork was conducted by YouGov between Nov 26 to Dec 13 2024.

Workplace Learning Report Methodology:

Survey data

The LinkedIn Learning 2025 Workplace Learning Report surveyed 937 L&D and HR professionals with L&D responsibilities who have some influence on budget decisions and 679 learners. Surveyed geographies include: North America (United States, Canada); South America (Brazil); Asia-Pacific (Australia, New Zealand, India, Japan, Cambodia, Indonesia, Singapore, Malaysia, Myanmar, Philippines, Thailand, Hong Kong); and Europe (United Kingdom, Ireland, Belgium, Netherlands, Luxembourg, Norway, Finland, Sweden, Iceland, Denmark, France, Germany, Austria).

LinkedIn platform insights

All data reflects aggregated LinkedIn member activity as of September 2024. Behavioral insights for this report were derived from the billions of data points generated by 1 billion members, 14 million jobs, and 5 million profile updates per minute. Specific analyses:

Future of Recruiting Report Methodology:

Survey data

LinkedIn Research surveyed 1,271 recruiting professionals in management seniority roles or higher (1,019 corporate recruiting pros, 252 search and staffing pros). Survey respondents are LinkedIn members who were selected to participate based on information in their LinkedIn profile and qualified based on survey responses. This survey was conducted in four languages across 23 countries in September 2024.

Platform insights

Platform insights for this report were derived from the billions of data points generated by the 1 billion members in over 200 countries on LinkedIn today. Talent acquisition (TA) professionals are LinkedIn members with a recruiting role. To measure the growth of TA pros learning AI skills, we compared the number of skills explicitly added by members over 12 months (October 2023 to September 2024) against the previous 12-month period (October 2022 to September 2023). AI skills include AI literacy skills, which made up the great majority of what TA pros were learning (as opposed to AI engineering skills).

B2B Data from Talent Campaign Methodology

Consumer and Global HR Professionals Research: This research was conducted Censuswide between November 27 to December 16, 2024, among 22,010 consumer respondents and 8,035 global HR professionals between November 28 to December 18, 2024. Markets involved included: the UK, USA, France, Germany, India, Spain, Brazil, Ireland, the Netherlands, Singapore, Japan, Sweden, Saudi Arabia, UAE, Australia, Indonesia, and Italy. Censuswide abides by and employs members of the Market Research Society which is based on the ESOMAR principles. Censuswide are members of the British Polling Council.

Henkel Strengthens Electronics Presence in India with New Engineering Center & Manufacturing Expansion

Bengaluru, India, 28th February 2025 – Henkel today announced the launch of a state-of-the-art Application Engineering Center in Chennai, Tamil Nadu, further strengthening the leadership of its Adhesive Technologies business in the electronics sector. The company will also be setting up an adhesive materials manufacturing plant for the electronics sector at its multi-technology manufacturing site in Kurkumbh, near Pune. These investments underscore Henkel’s commitment to localization, innovation, and accelerated product development to meet the rapidly evolving demands of the region’s electronics industry. As India’s electronics industry is projected to grow exponentially in the next few years, fuelled by government initiatives such as Make in India and PLI (Production-Linked Incentive) schemes, Henkel’s expanded footprint positions it to strongly support this rapid growth.

“As the country solidifies its position as a global electronics manufacturing hub, Henkel is proud to reinforce its ‘Make in India’ commitment, and be a key partner in this journey,” said S Sunil Kumar, Country President – India, Henkel. “These new facilities in Chennai and Kurkumbh align with this growth, strengthening regional self-sufficiency and supply chain resilience. This marks an exciting milestone in our journey to better serve our global customer base while expanding our footprint in the region. It demonstrates our commitment to fostering long-term partnerships, driving innovation, and creating value for our customers.”

Located in Tamil Nadu—a key hub for global electronics manufacturing—the 17,000 sq. ft. Chennai facility is designed to accelerate new product introductions (NPIs) and reduce time-to-market for customers. The center houses five specialized labs dedicated to advanced adhesive solutions and thermal management materials, essential for enhancing the reliability, durability, and sleek designs of smartphones, wearables, and other consumer electronics. Equipped with state-of-the-art dispensing systems, vacuum impregnation technologies for device waterproofing, and high-precision material analysis tools, the center enables rapid prototyping, proof-of-concept testing, and product validation. This center will enhance Henkel’s global innovation footprint, complementing its existing sites in Germany, the US, China, Singapore, Japan, Korea and Vietnam. With these investments, Henkel further strengthens its role as a key innovation partner for electronics manufacturers worldwide.

Wen Zhou, Corporate Vice President – Electronics, Henkel Adhesive Technologies, shared that these investments are a natural progression of the company’s growth in India and the electronic market’s supply chain diversification. “Henkel meets our customers where they are,” said Wen. “We have had established Indian operations for a long time, and with customers intensifying their operations in the region, we are investing in additional local capabilities to deliver collaborative NPI and product validation expertise with more immediacy.”
The new plant in Kurkumbh will enhance Henkel’s capabilities in high-performance adhesive and coating solutions, reinforcing its commitment to localization and meeting the evolving demands of India’s electronics sector. The plant will benefit from the industry 4.0 based smart factory system deployed at the Kurkumbh manufacturing site, which enhances operational efficiency and product quality while minimizing downtime.

Shop for Baby and Mom Products on Blinkit and Zepto: New Launches Now Live

New Delhi, February 28, 2025 – Baby & Mom Retail, a House of Brands and a prominent player in India’s baby care, skin care, pet care, and bedding solutions industries, announces that their products are now live on Blinkit and Zepto. Their products are available on Blinkit in cities like Ajmer, Alwar, Amritsar, Bahadurgarh, Bathinda, Bhopal, Bokaro, Chandigarh, Chennai, Coimbatore, Dehradun, Dharwad, Durgapur, Faridabad, Ghaziabad, Goa, Gurgaon, Haridwar, Hisar, Hyderabad, Jabalpur, Jaipur, Jalandhar, Jamshedpur, Jodhpur, Kanpur, Karnal, Kharagpur, Kochi, Kolkata, Kota, Lonavala, Lucknow, Ludhiana, Mysore, Nagpur, Navsari, Panchkula, Panipat, Patiala, Patna, Prayagraj, Rajkot, Ranchi, Rishikesh, Rohtak, Sonipat, Tiruchirappalli, Varanasi, Vijayawada, Visakhapatnam, Zirakpur and on Zepto in Belgavi, Devangere, Mehsana, Tumkuru, and North – Gurugram. Their products are live on both platforms in Ahmedabad, Bengaluru, Indore, Mumbai, Nashik, Pune, Surat, Udaipur, Vadodara and many more cities.

Baby & Mom Retail has expanded its presence on Blinkit and Zepto to meet growing consumer demand and leverage the convenience of these platforms’ seamless access and fast delivery services. With an extensive product portfolio spanning baby care, skin care, pet care, hygiene essentials, and mattresses, this strategic move is set to further drive the company’s growth and market reach.

“As demand for our products continues to rise, we are now available on Blinkit and Zepto, ensuring our customers receive their orders with greater speed and efficiency. We have gone live in major cities across multiple states and plan to extend this rapid delivery service to additional locations. Customer satisfaction remains our top priority, and by curating high-quality products and optimizing our services, we aim to enhance the overall shopping experience,” said Shish Kharesiya, Founder and CEO of House of Brands.

Each year, Baby & Mom Retail introduces innovative products tailored to evolving consumer needs. Its deep understanding of the Indian market, combined with a commitment to quality, has solidified its position as a leader in the baby care and family-oriented sectors. The company’s core values—quality assurance, innovation, and customer-centricity—are reflected across its diverse product offerings, consistently exceeding customer expectations.

Toyota Kirloskar Motor Improves Access to Clean Water with New Units in Mysore District

Mysore, 28 February 2025: In line with its ongoing commitment to community well-being and giving it back to the society, Toyota Kirloskar Motor (TKM) today announced the inauguration of water purification units in Mysore district. The event was marked by the presence of esteemed dignitaries including Dr. Yathindra Siddaramaiah, Member, Karnataka Vidhana Parishath along with senior TKM leadership Mr. Sudeep Dalvi, Chief Communication Officer, Senior Vice President & Head State Affairs – Toyota Kirloskar Motor, acknowledging the transformative impact of this initiative.

With a commitment to ensuring access to safe and hygienic drinking water, enhancing public health, and preventing waterborne diseases, TKM has installed state-of-the-art water purification units in Mysore district for the fiscal year 2024-25. With this latest deployment, these installations benefit and positively impact over 3,98,870 people significantly improving community well-being.

Each unit features an advanced six-stage purification process along with a real-time water monitoring system that tracks key parameters such as Total Dissolved Solids (TDS) and caters to the need of the community where water is contaminated with high TDS. Additionally, the system is equipped with solar power, backup power solutions, for uninterrupted usage and an efficient wastewater management mechanism, ensuring optimal water dispensing while minimizing energy consumption. With this latest initiative, a total of 7500 ltrs/hour water purification capacity is developed to cater to the community needs.

TKM’s collaboration with local Grama Panchayats and the community has been instrumental in fostering a sense of ownership and shared responsibility, further strengthening the initiative’s impact and its continued sustainability and promotion of better sanitation practices and overall well-being across communities.

Speaking on the occasion, Mr. Sudeep Dalvi, Chief Communication Officer, Senior Vice President & Head State Affairs – Toyota Kirloskar Motor said, “At Toyota Kirloskar Motor, our commitment to holistic community development remains unwavering. The inauguration of these water purification units is a testament to our continuous efforts to improve the quality of life for the communities we serve. This initiative underscores our dedication to sustainability, public health, and overall well-being. We are honoured to collaborate with local authorities and Gram Panchayats in making this essential resource accessible. Looking ahead, we will continue to expand our community-driven initiatives, striving to build a healthier and more sustainable future for all.”

Bank of Baroda Pioneers Merchant Loyalty Cashback via Programmable CBDC

Mumbai, 28th February, 2025: Bank of Baroda (Bank), one of India’s leading public sector banks, under the guidance of the Reserve Bank of India, today announced the pilot launch of a new functionality for merchants built on the “Programmability” functionality of Central Bank Digital Currency (CBDC) – the “Merchant Loyalty/ Cashback Programme” in collaboration with a fintech company. This industry-first initiative enables small and medium merchants to independently design and launch loyalty/cashback programmes for their customers, usually designed by large brands, using Bank of Baroda’s “bob Merchant App”.

Merchants such as local retail shops, grocery stores, pharmacies etc that have an account with Bank of Baroda and are registered on the bob Merchant App, can now independently design and run Cashback/Loyalty programmes, without the need to make any corresponding investments in procuring the infrastructure or software to operate such a reward programme.

This initiative will go a long way in boosting the adoption of CBDC, making it more appealing & rewarding for merchants and customers. It will also help small & medium merchants to stay competitive, encourage repeat business and expand their customer base.

Speaking on the launch, Shri Sanjay V Mudaliar, Executive Director, Bank of Baroda said, “Bank of Baroda continues to be at the forefront in driving innovation in the banking sector. Our new “Merchant Loyalty/Cash Back Programme” using Programmable CBDC (PCBDC), a first in the Indian banking sector, is an innovative use case that empowers our small and medium-sized merchants to create tailored cashback offers that will foster greater customer engagement & retention. This initiative will benefit both merchants and customers.”

Key Features of Bank of Baroda’s “Merchant Loyalty /Cashback Programme” Merchant Use Case through PCBDC

•  Bank’s merchant customers will configure their own cashback or loyalty programme using the “bob Merchant app”, specifying the period of the campaign, percentage of cashback and validity/expiry date of the cashback received by customers.
•  During the campaign period, customers (presently for BOB customers only) who make a purchase using the bob World Digital Rupee app, will receive cashback in the form of PCBDC from the merchant as per the prevailing offer at the merchant outlet.

· These PCBDCs can be used by customers at the specific merchant outlet until expiry.

Karur Vysya Bank inaugurates 6 new branches today

Chennai, 28th February, 2025: Karur Vysya Bank (KVB) announced the inauguration of its 6 new branches in Tamil Nadu & Andhra Pradesh today. These branches will offer a comprehensive range of banking services like accounts, deposits and loans including savings and current accounts.,
During the financial year 2024-25, the bank added 35 branches and the bank now has 877 branches.
The new branches that were opened today:

1. 872ndBranch – Salem (Cherry Road)-inaugurated by Mr. Balasubramaniyan, Deputy Commissioner, Salem Corporation
2.  873rdBranch – Proddatur(Andhra Pradesh)-inaugurated byMr. Mallikarjuna, Municipal Commissioner, Proddatur
3.  874thBranch – Tiruvallur (Manavala Nagar) – inaugurated by Mr. Thirunavukkarasu, Municipal Commissioner, Tiruvallur
4. 875th Branch – Trichy (Melachinthamani) -inaugurated byDr.Kumaravel, Dean, Mahatma Gandhi Memorial Government Hospital, Trichy
5. 876th Branch – Chennai (Chitlapakkam) -inaugurated by Mrs. Sasikala, Deputy Commissioner, Tambaram City MunicipalCorporation
6.  877th Branch – Tiruppur (Neruperichal) -inaugurated by Mr. Chikkannan, Trustee, M N ChickkannaChettiar Trust, Tiruppur

The new branches shall cater to all basic banking transactions and also specific needs of customers, offering the entire spectrum of banking products and financial services covering Retail, Institutional and Consumer lending.
KVB offers Internet Banking and Mobile Banking facilities. KVB DLite, the Mobile Banking app of the Bank offers convenience of financial and non-financial services through 150+ features.The app has been recently upgraded with several customer friendly features.

Mira Kapoor’s Perfume Line: A New Fragrance Journey with Spritz by Typsy

Each Spritz by Typsy bottle features two distinct yet complementary scents—AM and PM—that can be worn individually or blended to create a third, unique fragrance. This concept enables wearers to adapt their scent to different moods, occasions, or preferences, making fragrance a more personal and versatile experience. Crafted with Extrait de Parfum concentration for 12-hour longevity, the collection is made with high-quality ingredients sourced from France and Spain, ensuring a refined and lasting olfactory experience.

 Mira Kapoor joins hands with Spritz by Typsy to bring this unique fragrance concept to life. Known for her keen appreciation of beauty and wellness, her involvement adds a fresh perspective to the world of perfumery. Together, they introduce a collection that blends luxury with self-expression, encouraging wearers to explore fragrance in a new and creative way.

The debut collection includes carefully curated scent profiles, ranging from warm Vanilla and bold Amber to rich Coffee and timeless Jasmine, catering to diverse personalities and preferences. The packaging reflects the uniqueness of the concept—designed like a mixology book with a fingerprint motif, symbolizing that no two scent combinations are alike.

 Mira Kapoor shares “Fragrance is such a personal expression, and I love how Spritz by Typsy is redefining the way we experience scents. The idea of having two complementary perfumes in one bottle—AM and PM—is so unique and versatile! It allows you to play with your fragrance depending on your mood, and that creativity is what makes this collaboration so exciting for me. I’m also thrilled to come on board as an investor because I truly believe in Spritz and its vision. The concept is fresh, innovative, and something I see resonating with so many people. I can’t wait for everyone to experience it and make it their own”

Founder of Spritz by Typsy, Kairavi Bharat Ram shares “We at Typsy have always empowered self-expression—now with Spritz, we’re reimagining fragrances. Spritz by Typsy focusses on innovation, individuality and customer-centric experiences. For the first time in India, we have a double-sided perfume bottle with two distinct scents, that puts the power of fragrance creation in your hands. Mix, match, and craft your unique scent with our complementary AM-PM fragrances, featuring premium ingredients sourced from Italy and France. We believe this unique concept that allows one to customise their scents is highly experiential and will strike a chord with our customers.”

With this launch, Spritz by Typsy aims to redefine fragrance in India, making it a more immersive and personal experience. This is the first step in a larger vision to introduce more scent innovations that celebrate individuality and creative expression.

Krisumi Partners with Cushman & Wakefield for Waterfall Residences Management, Secures Occupancy Certificate

New Delhi, February 28, 2025: In a strategic move to enhance the living experience for its discerning buyers, Krisumi Corporation, one of Delhi-NCR’s leading developers, has partnered with Cushman & Wakefield Property Management Services India Pvt. Ltd., a globally renowned real estate services provider, to manage its ultra-luxury residential project, Waterfall Residences, in Sector 36A, Gurugram.

The agreement entrusts Cushman & Wakefield with the comprehensive management of Phase 1 i.e. Waterfall Residences, a landmark component of the ambitious Krisumi City. The scope includes the operations and maintenance of common areas, including the exclusive clubhouse, and a robust complaint resolution system, ensuring residents enjoy a seamless and world-class lifestyle.

Krisumi Corporation’s flagship project, Waterfall Residences, has recently received the Occupancy Certificate (OC). Spread across 5.43 acres, the premier residential project is now set to offer possession, marking a new chapter in luxury living along Gurugram’s Central Peripheral Road on Dwarka Expressway.

Part of the expansive Krisumi City, a 33.38-acre self-sustained township, Waterfall Residences is a testament to Japanese-inspired design and architectural precision, offering a harmonious blend of serenity and sustainability. The project features 433 meticulously crafted luxury apartments across three elegant towers, in addition to 77 units dedicated to the Economically Weaker Section. More than just a housing development, Waterfall Residences redefines luxury living, with its crown jewel—The Clubhouse—a 36,000-square-foot lifestyle hub equipped with state-of-the-art amenities designed for unparalleled comfort and recreation.

Speaking on the collaboration and occupancy certificate, Mr. Ashok Kapur, Chairman, of Krisumi Corporation & Krishna Group, said, “Quality, design, architecture, and timely delivery are at the core of our ethos. With Waterfall Residences, we are setting a benchmark for excellence in Gurugram, creating spaces that truly stand the test of time. With this partnership with Cushman, we are reinforcing our dedication to providing residents with not just a home but an elevated lifestyle experience. Cushman &Wakefield’s global expertise will add immense value, ensuring that Waterfall Residences remains a benchmark for luxury living in India.”

“At Krisumi, we’ve built Waterfall Residences with precision, passion, and a vision to redefine luxury living,” said Mr. Akash Khurana, President & CEO, of Krisumi Corporation. “Partnering with Cushman & Wakefield—a name synonymous with excellence in property management—is a step towards ensuring our buyers experience unparalleled comfort and convenience. Their proven expertise aligns perfectly with our commitment to delivering excellence.”

Mr. Yuji Kato, Director and Co-CEO of Krisumi Corporation India, said, “This collaboration is a testament to our unwavering commitment to quality, precision, and customer satisfaction. With Sumitomo’s deep-rooted philosophy of Kaizen (continuous improvement), coupled with Cushman & Wakefield’s expertise, we are ensuring that Waterfall Residences sets a new standard for luxury living in India. At Krisumi, we are not just building homes; we are curating an experience that embodies Japanese efficiency, aesthetics, and excellence.”

With this strategic partnership, Krisumi Corporation ensures that residents of Waterfall Residences experience an unparalleled standard of living, combining Japanese precision with global property management expertise.

Mr. Manoj Sharan, Managing Director, Cushman & Wakefield Property Management Services India, said, “We are honored to manage ‘Krisumi Waterfall Residences,’ a project that epitomizes luxury living. With our deep expertise in managing high-end residential complexes, we are committed to delivering cutting-edge, technology-driven solutions to ensure compliance, safety, and an elevated living experience for the residents. This partnership further strengthens our footprint in the luxury property management space, and we look forward to exceeding the expectations of Krisumi’s esteemed buyers.”

Krisumi Corporation, a joint venture between Krishna Group and Japan’s Sumitomo Corporation, is developing the sprawling Krisumi City township in a phased manner. Following the completion of Phase 1, the construction of Phase 2 (Waterfall Suites), featuring 320 luxury units, is progressing swiftly and is set for delivery by the End of December 2028.

In the financial year 2024-2025, Krisumi further cemented its leadership in the luxury real estate market by announcing the launch of Phase 3 and Phase 4, continuing its commitment to creating a self-sustained township where luxury and functionality converge. Waterside Residences and Waterfall Suites-II (phases three and four) launched in the second half of 2024, together offer 1,051 units.

“This partnership is not just about managing property but ensuring a premium lifestyle for our residents,” said Mr. Vineet Nanda, Director of Sales & Marketing, at Krisumi Corporation. “Cushman & Wakefield’s expertise in handling luxury developments will ensure that every detail, from maintenance to service delivery, reflects the exceptional standards that Krisumi City stands for. Our goal has always been to exceed customer expectations, and this collaboration is a step further in that direction.

India Takes Centre Stage as Partner Country at INHORGENTA 2025

Munich, Germany | 28 February 2025: India proudly took on the role of official partner country at INHORGENTA 2025, marking a pivotal moment in the global gem and jewellery industry. The show, which took place from 21st to 24th February, was inaugurated at the India Pavilion by Mr. Shatrughna Sinha, IFS, Consul General of India, Munich; Mr. Kirit Bhansali, Chairman, GJEPC; Mr. Stefan Rummel, CEO of Messe München; and Ms. Stefanie Maendlein, Exhibition Director of INHORGENTA.

Curated by the Gem & Jewellery Export Promotion Council (GJEPC), the India Pavilion showcased a stunning array of diamond jewellery, gold and platinum pieces, fine jewellery, and loose gemstones. These collections highlighted India’s ability to blend traditional craftsmanship with contemporary design, offering global buyers unmatched quality and artistry.

Speaking at the inauguration, Mr. Sinha Said, “Germany is one of India’s key trading partners in Europe, with strong exports in leather, auto components, chemicals, and electronics. In 2023, bilateral trade between India and Germany reached an impressive USD 33.33 billion, showcasing the immense potential of our economic relationship. I am glad that for the first time, India is the official partner country at INHORGENTA 2025. This partnership is not just a recognition of India’s growing influence in the global gem and jewellery industry, but also a continuation of the deep-rooted 500-year-old economic and cultural bond between India and Germany. It will pave the way for new collaborations, opening up fresh opportunities for the mutual benefit of both nations.”

Kirit Bhansali, Chairman, GJPEC said, “India has long been a trusted global partner, renowned for its manufacturing excellence and now emerging as a hub for technology and design in the jewellery industry. With a rich legacy of artistry, USD 32 billion in exports to key markets like the USA, Europe, the Middle East, and China, and a strong focus on skill development, innovation, infrastructure, and global standards, India is shaping the future of the industry. Our partnership with INHORGENTA fosters collaborations that will drive growth and elevate the global gem and jewellery sector together.”

Bhansali further added, “India is actively driving diamond promotion by collaborating with global stakeholders, including De Beers and Chow Tai Fook, for consumer campaigns in China. Additionally, GJEPC has collaborated with De Beers to launch a B2B Campaign called INDRA – Indian Natural Diamond Retailer Alliance. This campaign will focus on supporting jewellery retailers in India to strengthen demand and push diamond jewellery sales.”

Talking about the Collaboration with India, Mr. Stefan Rummel, CEO, of Messe München said, “We are thrilled to have India as the partner country at INHORGENTA 2025. This partnership will deepen trade relations between India and Germany, showcasing India’s rich history and exceptional craftsmanship in jewellery. In collaboration with GJEPC, we look forward to presenting India’s brilliance through the India Pavilion and various special activities.”

The India Experience Lounge at INHORGENTA 2025 offered visitors a multi-sensory journey into India’s rich heritage, blending craftsmanship, culture, and innovation. From the exquisite jewellery and Manchaha Rugs, handwoven by rural artisans, to the flavours of Kashmiri Kahwa and Masala Chai, every element engages the senses. The aroma of sandalwood and the melodic strains of the Sitar create an immersive atmosphere, making the lounge a true celebration of India’s artistry and tradition.

Additionally, the Brand India Gallery displayed masterpieces from the Artisan Jewellery Design Awards, demonstrating India’s exceptional talent and creative excellence.

A panel discussion, The Rising Indian Jewellery Influence in the Global Landscape, explored India’s growing impact on the global market, featuring industry experts Alice Cicolini, a high-end jewellery designer based in the UK, and Radhika Somaia, a brand architect, curator, and jewellery contributor.

Partnering with India goes beyond acquiring exquisite gemstones and jewellery—it’s about accessing creations that seamlessly blend tradition with modernity. Powered by ethical sourcing, advanced technology, and skilled artisans, India continues to set global benchmarks in quality, innovation, and design.