Category Archives: Business

NSDC CEO Urges Ethical Migration via Skilling Initiatives

Chandigarh: Feb 15, 2025: The youths and job seekers should avoid illegal migration routes, commonly referred as “donkey routes” for seeking opportunities in foreign countries and instead leverage NSDC International’s skilling initiatives for ethical migration, said, NSDC CEO and NSDC International MD Shri Ved Mani Tiwari.

In a message to the youths of India, Shri Tiwari emphasised on the process of ethical migration, and shared with media personnel here, how NSDC International with support of the central government has been developing pathways in collaboration with international governments in streamlining the migration process, as global market has lots of opportunities for skilled Indian youths.

“The world values skilled professionals, and with the right training, certifications, and ethical migration, the youths of India can build sustainable and long-term careers abroad. Taking illegal migration route is not only dangerous but also puts lives at risk. The youths can enrol themselves in skilling programs of NSDC International, which offer skilling programs and courses that are in demand in the global market,” Shri Tiwari said.

He said skill assessment centres have been set up for 100 trades across the country. “So effectively, anybody who believes that the person in the job is ready to go to Israel or Japan or Germany, they can simply present themselves to these assessment centres… we can provide a list of these assessment centers where their skills will be assessed and certified, and this is that they can apply for work visa also,” Shri Tiwari said.

He highlighted that NSDC International has been actively collaborating with international governments to create structured job opportunities for Indian youth. Recognizing India’s skilled workforce, several countries have approached NSDC International with employment opportunities. Israel has asked for 5,000 healthcare workers, an indication of demand for Indiana abroad. On similar lines, Germany and Japan continue to seek trained healthcare professionals.

To increase global employability, NSDC International is setting up global language labs offering training in Russian, Italian, Korean, and French languages. The initiative aims to break language barriers and increase the chances of Indian candidates, securing high-paying jobs overseas.

Shri Tiwari also said that NSDC is going to open 10 new international academies to empower youth in foreign languages and soft skills.

Since its inception in October 2021, NSDC International has created 88,924 overseas job opportunities across 22 countries. Through strategic collaborations with international governments and organizations, over 64,000 skilled Indian candidates have been successfully placed in countries, including in Gulf Cooperation Council (GCC) nations, Japan, and the United Kingdom.

It has facilitated training and job placements across 19 industries, focusing on key sectors such as construction, mechanical, electrical & plumbing (MEP), and facility management.

“Skill yourself, choose the right path, and embrace global opportunities through ethical means. The future belongs to those who are prepared—let’s work together to shape a brighter tomorrow,” he concluded.

He said Isreal has asked for 20,000 skilled construction workers last year from India, besides the demand from the nation for 5,000 care workers.

He, further explained, about the enormous opportunities coming in the caregiving sector from across the globe, and NSDC International is in touch with agencies of foreign governments to inculcate right skills among the youths of our country to make them eligible for employment. “We believe that close to a lakh care-workers will start getting deployed (annually) in various parts of the world in about two years,” the NSDC CEO shared.

Describing it as an outcome of India’s soft diplomacy, he said, “Our care workers will be providing care and support to aging populations across the world.”

Shri Tiwari assured that NSDC International is working tirelessly to expand global employment avenues, ensuring a bright and prosperous future for India’s skilled workforce.

Last week, the first international academy was opened for language and soft skills in Greater Noida, which has a state-of-the-art language lab, the first such initiative in the country. It has the capacity to skill 1,000 candidates annually. The facility provides specialized training aligned to global job markets, including language certifications such as OSD and Goethe (German), JLPT (Japanese), and IELTS (English).

Essencemediacom bags the media mandate for Godrej Consumer Products in India

Chandigarh, February 15, 2025: Essencemediacom, has bagged the media mandate of Godrej Consumer Products Ltd (GCPL), one of India’s largest FMCG companies. Essencemediacom will handle the media strategy, planning, buying, and implementation for GCPL across traditional and digital media in the Indian market.

Essencemediacom won the mandate for GCPL following an intensive pitch spanning over 4 months. Starting in (April 2025), Essencemediacom will take over responsibilities from the current media agency, Madison World.

Harshdeep Chhabra, Head – Global Media, Godrej Consumer Products Ltd (GCPL), said, “Godrej Consumer Products Ltd is on a growth trajectory driven by expansion into newer categories and introduction of innovative brands while continuing to focus on achieving volume growth ahead of the industry. In line with our growth vision, we are delighted to have Essencemediacom as our new media agency partner. We are certain that their depth of experience in both traditional media and digital media will help us create a much bigger impact and help drive innovation across our product categories.”

He further added, “Madison World has been our trusted media partner for over 20 years and contributed immensely to the GCPL growth journey. We thank them for helping shape the direction our brands have taken over the years.”

Navin Khemka , CEO Essencemediacom South Asia, said, ” We are excited to be appointed the media partner for Godrej Consumer Products, one of the largest FMCG advertisers in the country today. We feel privileged to be part of their journey, bringing our expertise and depth in media planning, coupled with cutting edge technology for best in class media solutions. We are confident of leading GCPL in the future of their transformation journey, led by a combination of efficiency , effectiveness & innovation across media and consumer segments.”

Sintex partners with BCCI as an associate sponsor for Women’s Premier League 2025

Chandigarh, 15th February 2025 – Sintex BAPL a part of Welspun World, is India’s leading and trusted manufacturer of quality water storage solutions, has announced its partnership with the Board of Control for Cricket in India (BCCI) as an Associate Sponsor of the Women’s Premier League 2025 (WPL), India’s biggest women’s T20 cricket league. This marks the second consecutive year of Sintex’s association with WPL, strengthening its efforts to foster equality, opportunity, and empowerment for women in sports.

Cricket in India is not just a sport, it is an emotion and a way of life. Since its inception, WPL has emerged as a powerful platform, celebrating the triumphs of women cricketers, and redefining the norms thereby transforming the cricketing culture in India. Similarly, Sintex believes in challenging popular norms in the water management category through innovation & excellence, thereby continuously serving its consumers with finest quality products. This makes Sintex and WPL association a natural choice. By extending its partnership, Sintex aims to champion inclusivity in sports, inspire aspiring female athletes, and promote the critical cause of water sustainability.

At its core, Sintex’s mission is to ensure access to clean and safe water for every Indian through its quality water management solutions. Water is essential for daily life—it nurtures health, drives progress, and empowers communities, making it a fundamental necessity for all. Just like water is essential to life, Sintex believes that sports is an integral part of living a healthy life. Through WPL 2025, Sintex aims to engage with a diverse audience, support women in sports, raise awareness about responsible water conservation, and promote environmental sustainability; creating a future where safe and accessible water is a reality for everyone.

Speaking on the association, Yashovardhan Agarwal, Managing Director, Welspun – BAPL said, “We are delighted to partner with Women’s Premier League (WPL) 2025 as an Associate Sponsor for 2025. Over the years, WPL has become a game-changer for women’s cricket in India, providing a well-deserved platform for women to lead the charge. At Sintex, we believe in undertaking initiatives that drive real change, and through this association, our aim is to inspire, break barriers and enable more young women to pursue their dreams in the field of sports.”

Furthering its commitment to women’s empowerment, Sintex’s parent company, Welspun, spearheads the Super Sport Women Program (WSSW)—a pioneering initiative supporting female athletes from challenging backgrounds. WSSW aims to tackle key challenges such as limited access to resources, financial constraints, and societal barriers, ensuring that talented sportswomen receive the support they need to excel.

As part of its on-ground activations at the stadium, Sintex is introducing engaging and interactive experiences that blend the spirit of cricket with the importance of water conservation:

• “Kill the Microbes to Win the Game” – An interactive experience where participants eliminate microbes, mirroring how Sintex tanks ensure safe and hygienic water storage
• “Donate Water to Win in the Long Innings of Life” – A campaign encouraging fans to pledge water conservation and contribute towards tank donations for communities in need

For close to 50 years, Sintex has been India’s most trusted brand in water management solutions, offering innovative, superior, durable, and sustainable products that enhance everyday life. As part of its growth strategy, Sintex is now expanding its portfolio, diversifying into building materials segment while continuing its commitment to water sustainability through innovation.

South Indian Bank Launches ‘SIB Quick FD’ for Easy UPI Investments

South Indian Bank has introduced a new product variant, ‘SIB Quick FD’ that allows customers to open Fixed Deposits (FDs) seamlessly using funds from their other bank accounts. This initiative enhances accessibility and convenience, enabling customers to invest in FDs digitally using UPI.

South Indian Bank continues to drive innovation and enhance customer experience by offering simplified and efficient digital banking solutions. With SIB Quick FD, FD booking has become more accessible and streamlined. Customers with valid KYC can now open fixed deposits effortlessly using UPI, making secure investments more convenient than ever.

Key Highlights:

• No Prior Relationship Required: Customers can open a fixed deposit without an existing savings account with South Indian Bank.
• Instant & Paperless Process: The entire FD booking process is entirely digital, ensuring a quick and hassle-free investment in just 5 minutes.
• Fund FD using UPI: Customers can fund their FDs using UPI, enhancing convenience.
• Minimal Documentation: Only PAN and UID details are required, streamlining the onboarding process.
• 24*7 Availability: FDs can be opened anytime, ensuring flexibility.
• Affordable Investment Entry: Fixed deposits start at just ₹1,000, making them accessible to a wider audience.
• Attractive Returns: Competitive interest rates with the flexibility of premature withdrawals.
• Secure & Insured: Deposits are covered under DICGC insurance up to ₹5 lakhs, ensuring peace of mind.

Tata Sons Chairman N Chandrasekaran Honored with British OBE

Commenting on receiving The Most Excellent Order of the British Empire (Civil Division), N Chandrasekaran, Chairman, Tata Sons said, “I am deeply humbled by this prestigious recognition, for which I am grateful to His Majesty, King Charles.

I would like to express how proud we are at the Tata Group to maintain such a strong strategic relationship with the UK across the technology, consumer, hospitality, steel, chemicals, and automotive sectors. We are incredibly proud of our iconic British brands like Jaguar Land Rover and Tetley. We employ more than 70,000 people in the UK. We enjoy fruitful and world-class research and academic partnerships with great institutions in this country which include the University of Oxford, the London School of Economics, the University of Warwick, and the University of Swansea.

I would also like to express, on behalf of the Tata Group, my deep thanks to HM Government for their support for the Group. It is a strong and enduring relationship, and I look forward to strengthening our presence in the UK further. Thank you once again for paying me this great honor.”

Honeywell Launches AI Assistant for Industrial Operators

Mumbai, February 15, 2025 – Honeywell (NASDAQ: HON) today announced the latest release of Honeywell Forge Production Intelligence, which seamlessly integrates performance monitoring with a new generative AI assistant to help operators and production managers automate tasks and troubleshoot problems.

By leveraging advanced generative AI models, the platform’s new Intelligent Assistant is designed to enhance user experience by allowing engineers, plant managers, and business leaders to access key insights through simple, natural language prompts. The tool will also enable industrials to visualize trends and troubleshoot production issues from Key Performance Indicator (KPI) deviation contributors and asset relationships.

“As the industry continues to wrestle with the loss of expertise through higher rates of attrition and the challenges of onboarding new talent, it is good to see the incorporation of generative AI copilots, like Honeywell’s Intelligent Assistant, that help to make it easier and faster for users of varying experience to get critical insights about the status of their production operations,” said ARC Advisory Group’s Director of Research, Mark Sen Gupta. “Such scalable and replicable solutions are invaluable for companies grappling in a fast-changing business environment.”

The cloud-native platform merges performance monitoring with advanced analytics, enabling rapid root cause analysis of production issues. With the addition of the Intelligent Assistant, users can now summarize deviations and overall insights quicker and more effectively. The capability not only enhances AI insights with greater explainability and usability but also supports closed-loop collaboration workflows with case management integration.

“Honeywell Forge Production Intelligence represents a significant step forward in making data-driven insights accessible to engineers and industrial business leaders globally,” said Pramesh Maheshwari, President of Honeywell Process Solutions. “We understand the challenges faced by our customers and believe that by leveraging generative AI, we can help assets work harder, people work smarter, and systems more efficient.”

Honeywell Forge Production Intelligence is part of Honeywell’s recently announced suite of AI-enabled solutions for industrials which also includes Experion Operations Assistant and Field Process Knowledge System.

Trident Outlines 3X Growth Target for India by 2027, Backed by INR 1000 Crore CapEx for Sustainability at Bharat Tex 2025

All India, 15th February – Trident Group, a global conglomerate and a leading name in the home textiles industry, today announced ambitious plans at Bharat Tex 2025, targeting a threefold growth of its India business by 2027. This aggressive growth is fueled by an INR 1000 crore capital expenditure plan for FY25-26, focusing on sustainability, modernization, and asset enhancement across its home textiles, yarn, and energy businesses

 A cornerstone of the growth is the expansion of its domestic home textile brand, myTrident, into the luxury segment with the launch of LUXEHOME by myTrident. This exclusive new line caters to discerning customers who appreciate the finest craftsmanship and unparalleled quality in home textiles. The collection includes a curated selection of premium bedding and exquisitely crafted towels renowned for their superior softness, absorbency, and durability. With a price range of INR 4,000 to INR 40,000, LUXEHOME by myTrident offers a touch of refined elegance for the most discerning homes. This strategic move positions myTrident to capture a significant share of the burgeoning luxury home furnishings market in India.

 Padma Shri Dr. Rajinder Gupta, Chairman, Trident Group, shared his vision, stating, ‘At Trident, we are committed to shaping the future of the textile industry by integrating innovation and sustainability. Our growth is driven by our unwavering focus on modernization, value creation, and global expansion. Bharat Tex 2025 is a landmark event that highlights India’s immense potential as a textile powerhouse, and Trident is proud to contribute to this journey. By investing in advanced technology, sustainable practices, and market-driven solutions, we are not just strengthening our leadership position but also redefining the standards of excellence in the home textile industry.’

 Neha Gupta Bector, Chairperson, myTrident, highlighted the brand’s expansion and luxury market entry, saying, ‘LUXEHOME represents a transformational step for myTrident as we elevate our presence in the luxury home furnishings segment. By leveraging our heritage of craftsmanship and manufacturing excellence, we are bringing world-class luxury to discerning Indian customers. Our focus is on redefining home elegance with meticulously designed, high-quality products that cater to the aspirations of modern Indian homes. We’re thrilled to showcase this collection which aligns with Bharat Tex’s focus on a futuristic and responsible textile industry.’

 Commenting on myTrident’s growth plans, Rajneesh Bhatia, CEO of myTrident stated, ‘We are increasing our retail touch points from the current 7,000 to 10,000. This expansion will solidify our position as a leading home furnishings brand in India and broaden our footprint across the domestic market. To drive further growth, we’re focusing on key opportunities in HORECA and institutions, aiming to increase our market share in these sectors. Additionally, we’re exploring opportunities in corporate gifting, recognizing the immense potential in this sector. Speed and agility in serving the consumer remain a core focus for the brand, and thus we are collaborating with all major e-commerce and quick commerce portals.’

 Bharat Tex 2025 marked the debut of myTrident’s Spring Summer ’25 collection, which drew inspiration from India’s rich textile heritage. The collection took a journey through four eras – Puratan Yug , Veer Yug, Poorv Aaduhnik Yug, and Unnati Yug- blending traditional craftsmanship with modern techniques and innovative materials to create a forward-looking vision for the future of textiles.

Godawari Electric Motors Collaborates with Shriram Finance to Provide Nationwide Financing for eblu Electric Vehicles

Mumbai, 15 February 2025: In an effort to accelerate the adoption of electric mobility, Godawari Electric Motors, manufacturers of innovative electric vehicles, today announced a strategic partnership with Shriram Finance Ltd. to provide exclusive financing solutions for customers across India. This collaboration aims to offer comprehensive financing options for Godawari Electric Motors’ entire range of electric 2-wheelers and 3-wheelers, including low-speed and high-speed electric vehicles (EV – L3 & L5), under the “Shriram Green Finance” initiative.

 Through this partnership, Shriram Finance Ltd. will serve as the preferred finance partner for Godawari Electric Motors, providing tailored financing solutions that will help customers make the transition to electric vehicles more affordable and accessible. The financing options will be available PAN India, ensuring that customers across the country can benefit from attractive loan offers with easy terms and low processing fees.

Mr. Hyder Khan, CEO, Godawari Electric Motors, said, “We are excited to announce this strategic collaboration with Shriram Finance Ltd. to bring convenient and flexible financing options to our customers. As part of our ongoing commitment to promoting sustainable e-mobility solutions, this partnership will make it easier for customers to own high-quality electric vehicles. With Shriram Finance as our preferred partner, we are confident that more people across India will be able to transition to eco-friendly mobility solutions.”

The financing solutions will include competitive interest rates, long loan tenures, and an easy application process, with Shriram Finance Ltd. offering Attractive finance options which will boost the EV Sales. These solutions will cater to customers looking to purchase Godawari Electric Motors’ electric two-wheelers, three-wheelers, and L3 and L5 category electric vehicles.

Experts Highlight Essential Strategies for Increasing Productivity and Its Value

As India strives toward its vision of becoming a developed economy—Viksit Bharat—enhancing national productivity has never been more critical. The rapid evolution of technology and the dynamic nature of global markets demand a skilled workforce that can adapt, innovate, and drive competitiveness. Industry leaders emphasize that a strategic focus on skilling, upskilling, and leveraging technology is essential for sustained economic growth.

 Darshil Shah, Founder and Director, TreadBinary, “To truly boost national productivity, we must prioritize the strategic integration of technology and continuous learning. In today’s fast-evolving world, productivity isn’t just about working harder—it’s about working smarter. Technology has the power to save time, reduce effort, and enhance outcomes, but only when people know how to use it effectively. That’s why skilling and upskilling are essential. Training individuals in emerging technologies like AI and automation enables them to work more efficiently, make smarter decisions, and reduce inefficiencies—all of which drive competitiveness and productivity. By investing in learning and equipping people with technology-driven skills, we don’t just enhance productivity—we build a stronger, future-ready workforce.”

Kartik Narayan, CEO- Staffing, TeamLease, “On National Productivity Day, we understand that transforming India into a developed economy – Viksit Bharat – relies on high human capital. Investing in skill development and reskilling is not merely a business imperative, but a critical national priority for innovation, productivity, and competitiveness in the world.”

 The future of India’s economy depends on how effectively it can equip its workforce with the skills required to thrive in a digital-first world. By investing in learning and technological proficiency, the nation is not just enhancing productivity—it is laying the foundation for a resilient and future-ready workforce that will propel India toward its economic aspirations.

Raychem RPG Commemorates 36 Years of Progress and Excellence at ELECRAMA 2025

Mumbai, 15th February 2025: Raychem RPG is set to showcase its latest innovations at ELECRAMA 2025, a premier event that celebrates innovation and fosters collaboration within the energy infrastructure sectors.

“We are excited to be part of ELECRAMA 2025, a leading global platform for the energy sector, as we celebrate 36 years of innovation and excellence at Raychem RPG,” said Vivek Venkatachalam, CEO of Raychem RPG. “This year, we will introduce India’s first locally manufactured 145kV Outdoor Type Dry Termination, along with new solar solutions such as Solar Connectors and Solar Junction Box,” he added.

Raychem RPG will also present a full suite of products including Cable Accessories, Surge Arrestors, Medium Voltage Covered Conductors, Electrical Safety Products, and Transformers, all designed to enhance the safety, security, and efficiency of energy transmission and distribution.

Commitment to ‘Make in India’ Raychem RPG remains committed to supporting India’s energy needs with local manufacturing and innovation. Our plants in Vasai, Naigaon, Halol and Chakan are building high-quality, locally produced solutions for the energy sector.

Our long-standing association with ELECRAMA is a testament to our commitment to engaging with industry leaders, experts, and visionaries from around the world. This prestigious platform provides an opportunity for us to showcase our innovations and discuss the future of energy with global peers.

Raychem RPG: Key Achievements and Contributions

Raychem RPG Pvt Ltd (RRL), a 50:50 joint venture between RPG Group and TE Connectivity, continues to hold strong leadership position in Cable Accessories segment in the energy infrastructure sectors, with manufacturing plants in Vasai, Naigaon, Halol, Chakan and Poland.

Milestones in our 36 years of driving innovation and excellence in energy infrastructure:

• Powering Remote Villages: Supplied Medium Voltage Covered Conductors to support Telangana’s rural electrification initiative.
• Infrastructure Support: Provided 132kV kits for the Chenab Rail Bridge and 220kV kits for Pithoragarh’s power restoration.
• Renewable Energy: Supplied Medium Voltage Cable Accessories for Asia’s largest 30GW solar park.
• Safety & Reliability: Developed Transmission Line Arresters for North East India to enhance grid stability in high-lightning zones.
• Industry Leadership: Became India’s only manufacturer of 245kV Cable Accessories, supporting the ‘Make in India’ initiative.