Category Archives: Business

Legrand Expands Modern Trade Presence with 25+ Zip Stores Across India

25th June 2024 Mumbai  Maharashtra, India Legrand’s 25 Zip Stores, Bringing Innovative Electrical Solutions Closer to Customers The Zip stores provide enhanced customer engagement and access to Legrand’s innovative electrical solutions across key locations in India

Legrand, a worldwide pioneer in electrical and digital building infrastructures, proudly announces the milestone of crossing 25 new Zip stores, marking a significant revolution in its expansion strategy. These stores, situated in key locations across India such as Mumbai, Navi Mumbai, Nashik, Ahmedabad, Udaipur, Raipur, Bilaspur, Hyderabad, Vijayawada, Visakhapatnam, Bengaluru, Chennai, Tiruppur, Cochin, Erode, Patna and Madurai, serve as vital points of contact where customers can directly engage with Legrand’s wide array of products and services.

The Legrand Zip Showroom introduces a unique concept, seamlessly merging convenience with an engaging product experience. The term “Zip” encapsulates speed, efficiency, and compactness, providing customers with a smooth and effortless chance to discover Legrand’s diverse product range.

Enhancing Customer Experience

The Zip stores are designed to offer customers a comprehensive shopping experience, providing access to Legrand’s innovative and reliable electrical solutions. Visitors can explore a curated range of products including Digital Infrastructure, Cable Management Systems, Lighting Management Solutions, Door Phones, Home Automation, User Interfaces (UI), Switches, and Electrical Infrastructure such as power protection and busbars. Each store is equipped with product demos, new product launches, and a dedicated space for showcasing home automation and protection solutions.

Commitment to Customer-Centricity

“The opening of 25+ Zip stores underscores our commitment to enhancing customer experience by providing convenient access to our products and services,” said Mr. Sameer Saxena, Director of Marketing, Group Legrand India. “At Legrand Zip, we’re transforming the way customers shop for electrical products. It offers more than just products; it’s a space where knowledge and technology converge, providing a unique value proposition.”

Strategic Growth and Market Presence

This expansion aligns with Legrand’s overarching strategy to prioritize customer-centricity, drive growth, and strengthen its market presence. By enhancing accessibility and providing hands-on experiences with its products, Legrand aims to better serve its customers while positioning the company for continued success in the market.

Supporting Local Communities

The opening of these stores plays a crucial role in supporting local electricians and consultants by offering training and enhancing their knowledge of actual products. This initiative is part of Legrand’s ongoing effort to foster community growth and development.

Mr. Sameer Saxena, Director of Marketing, Group Legrand India, said, “The achievement of 25+ Zip stores demonstrates our unwavering commitment to enhancing customer experience by providing convenient access to Legrand’s extensive range of products and services. At Legrand Zip, we’re transforming the way customers shop for electrical solutions. Our stores offer more than just products; they serve as a hub where knowledge and technology converge, creating a unique value proposition for our customers.”

Mr. Laxman Tari Head of Brand & Digital Business, Group Legrand India, said, “The opening of 25+ new Zip stores marks a significant milestone in bringing Legrand’s innovative solutions closer to our customers. These stores offer an immersive experience to interact with and learn about our latest products. Alongside our Innoval and Studio locations, which focus on technical training and design integration, we are committed to providing valuable resources and superior service, ensuring access to the best in electrical and digital building infrastructures.”

The Zip stores demonstrate a dedication to enhancing the retail experience by allowing customers to connect with cutting-edge products conveniently and engagingly. In addition to the ZIP stores, Legrand has Innoval and Studio locations around India, to improve the client experience by delivering valuable resources tailored to various aspects of electrical and digital building infrastructures. Innoval and Studio focus on technical training and innovation while also emphasizing design and aesthetic integration.

SKF to Showcase New Solutions with Significant Customer Value at its First-ever Tech & Innovation Summit

25th June 2024 Gothenburg, Sweden SKF is presenting its technologically innovative solutions tailored for customers in focused industrial segments at the virtual SKF Tech & Innovation Summit. The solutions are developed to address the needs of greater reliability, energy efficiency, and high performance as well as to support customers on their sustainability journey.

“Our focus on developing advanced solutions reflects how we continue to collaborate with our customers and partners to reimagine innovation and contribute to a more sustainable world,” says Rickard Gustafson, President and CEO.

Tailor-made solutions addressing key challenges

The solutions to be showcased at the SKF Tech & Innovation Summit connect the customer needs in SKF’s global industries and product lines with the Group’s investments in innovation and technology development.

In close collaboration with customers, SKF develops products and solutions that create significant customer value. One of the main highlights at the Summit is the introduction of the SKF Extreme Super Precision Bearing platform. It combines the most advanced SKF-bearing technology and knowledge with customer needs to create customized products that meet the ever-increasing performance requirements of precision applications in the machine tool industry. Condition monitoring and Lubrication systems that improve passenger journeys by reducing noise and innovative sealing solutions that lower downtime and maintenance costs are other examples of innovations to be presented at the Summit.

Speaking about the solutions to be showcased, Annika Ölme, CTO and Senior Vice President, Technology Development, says, “As a customer-centric organization, we recognize the growing need for performance, energy efficiency, and environmental responsibility across diverse industries it food & beverages, railway, wind, machine tools, or heavy industries like metals and mining. These technologically innovative solutions reflect our commitment to help our customers enhance operational efficiency and prioritize sustainability while remaining competitive. As the industry landscape evolves dynamically, we remain focused on innovations that create value for our customers, stakeholders, and society.”

Collaborating to unlock real business value

This intelligent and clean portfolio of innovative products and technologies is aligned with the industry’s shift towards clean technologies and demonstrates how SKF together with its customers drives progress and shapes the future of the industry. Other key highlights to be presented at the event include the SKF Seal solution; the online selection tool, SKF Product Select; SKF’s Sealed split SRB (SKF Cooper) designed for heavy industries; and SKF DuraPro bearing solutions for wind turbine main shafts. These products and solutions create significant value for customers, such as increased reliability, improved service life, lower maintenance and downtime costs, higher performance, and a safer work environment.

The SKF Tech & Innovation Summit will be held online on 19 June at 13:00-14:00 (CEST).

Media: To book interviews with Rickard Gustafson, President and CEO, and Annika Ölme, CTO and Senior Vice President of technology Development, after the Summit, please contact Aparna Srivastava at aparna.srivastava@skf.com

Unique Features of Shriram Finance’s Fixed Deposit Schemes

25th June 2024 Mumbai, Maharashtra, India Shriram Finance, a leading financial services company in India, offers a diverse range of fixed deposit (FD) schemes catering to the varied needs and goals of investors. These schemes come with unique features that ensure secure and rewarding investment experiences.

Investment Tenures: Shriram Finance FDs offer tenures ranging from 12 to 60 months, allowing investors to choose a period that aligns with their financial goal. Shorter tenures cater to immediate financial needs, while longer tenures help accumulate wealth for long-term goals.

Deposit Amounts: The minimum investment amount is Rs. 5000. This makes Shriram FD an ideal choice for a wide range of investors. Higher deposit amounts can help earn higher returns.

Interest Payment Options: Investors can choose to receive interest payouts regularly (monthly, quarterly, half-yearly, yearly or at maturity) or opt for cumulative fixed deposit plans to benefit from the compounding interest. Renewing an FD can also provide additional interest benefit of 0.25%*p.a.

Competitive Interest Rates for Maximum Returns

• Attractive Interest Rates: Shriram Finance offers fixed deposit interest rates that are competitive with the market, ensuring investors earn optimal returns on their investments. Rates vary based on tenure and investor category (senior citizens typically receive higher rates).
• Special Rates for Senior Citizens and Women depositors: Recognising the financial needs of senior citizens, Shriram Finance offers additional 0.50%*p.a. and 0.10%*p.a. for women providing them with enhanced returns.
• Interest Rate Laddering: Select schemes offer interest rate ladders, where interest rates increase with longer tenures, rewarding investors for committing their funds for extended periods.

Commitment to Safety and Security:

• Safety Rating: Shriram Finance FD is rated “(ICRA)AA+ (Stable)” by ICRA and “IND AA+/Stable” by India Ratings and Research, signifying its financial stability and creditworthiness, assuring investors of the safety of their deposits.
• Shriram Finance’s FD schemes cater to a wide range of investor profiles, with options for:
• Risk-averse Investors: FDs are low-risk investment as they provide assured returns and principal protection.
• Income Seekers: Regular income options through monthly, quarterly, half yearly and yearly interest payouts.
• Wealth Appreciation: Long-term FDs with compounding interest help in capital accumulation.

Goal-Oriented Investors: FDs are ideal for specific goals such as retirement planning or a child’s education.

Shriram Finance’s Fixed Deposit schemes provide a secure and rewarding avenue for investors seeking to grow their wealth. With flexible options, competitive interest rates, and additional benefits, these schemes cater to diverse investment needs and offer a compelling choice for individuals seeking financial stability and growth.

Shriram Finance Limited is a leading diversified financial services company in India, offering a wide range of financial products and services across consumer, wholesale, and business finance segments. The company has a strong presence across India with over 2,900+ branches and a dedicated workforce of over 70,000+ employees. With a focus on financial inclusion and customer-centricity, Shriram Finance continues to empower individuals & businesses to achieve their financial goals.

MaitriBodh Parivaar Presents the First Cultural Economy Conclave in Delhi

25th June 2024 New Delhi, Delhi, India MaitriBodh Parivaar, a socio-spiritual organization, announces first ever conclave of its kind which brings esteemed dignitaries, thought leaders, and visionaries under one roof to explore and establish the profound connection between India’s cultural heritage and economic development; and emphasize on how India’s rich traditions can drive economic growth.

MaitriBodh Parivaar focuses on fostering love and friendship – Maitri Bhaav. They offer spiritual programs to help individuals reconnect with their higher self and social reform projects positively impacting underprivileged lives. Rooted in principles of self-realization and humanity’s transformation, they serve as the guiding light of this one-of-a-kind conclave.

Commenting on the announcement, Maitreya Dadashreeji (Transformation Pioneer, Founder – MaitriBodh Parivaar) expressed, “Our cultural heritage is not merely a reflection of our past; it is the cornerstone of our future. Honouring and preserving our rich traditions leads us to a more prosperous and harmonious society. Through this insightful conclave, we envision embarking on a journey of exploration and celebration and recognizing the historical significance of our cultural legacy.”

Shri Gopal Krishna Agarwal (National Spokesperson – Economic Affairs, BJP) shared his anticipation, stating, “The Cultural Economy Conclave represents a pivotal moment in our journey towards harnessing the transformative power of culture for economic prosperity. As India’s cultural heritage catalyses our economic growth, the conclave will bridge the past with the present, charting a course toward a future where culture drives our economic prosperity.”

Historically, India has contributed significantly to the world’s GDP and global trade, showcasing its prowess in art, culture, music, dance, festivals, architecture, and more. However, foreign invasions and colonial rule led to economic decline. Today, with renewed pride and vision, India is poised to reclaim its cultural and economic leadership. With initiatives such as the construction of the temples; revitalizing cultural mohatsav like Kumbh Mela, and Jagannath Yatra; promotion of social intelligence linking people, planet, and prosperity; bridging the economic gap and giving opportunities to village-led business, India stands on the brink of reclaiming its esteemed status as a global cultural hub with this conclave.

In essence, this will serve as a catalyst for our nation’s economic growth during the Amrit Kaal. A potential, productive, and progressive culture-linked economy model, aligning our efforts with the current era of Transformation and inching us towards Maitreya Dadashreeji’s vision of Sunehra Bharat.

Sony India Launches BRAVIA 2 Series with Google TV and Enhanced Gaming Capabilities

25th June 2024  New Delhi, Delhi, India Sony India introduces its latest innovation, the BRAVIA 2 Series, featuring 4K Ultra HD LED display technology, aimed at elevating the entertainment experience for those looking to upgrade. Integrated with Google TV, users can effortlessly access a wide array of apps, streaming services, and live TV channels, personalized to their preferences. Whether it is enjoying a thrilling gaming session or indulging in your favorite movies and TV shows, the BRAVIA 2 series delivers an unmatched viewing experience, making it a must-have for those seeking to enhance their home entertainment setup. The BRAVIA 2 Series offers two distinct versions: the S25 variant, which unleashes unparalleled gaming capabilities, and its counterpart, the S20, which prioritizes other outstanding features without gaming enhancements.

Sony’s new BRAVIA 2 series is available in 108cm (43), 126cm (50), 139cm (55), 164cm (65) screen sizes. It encompasses of X1 Picture Processor. The powerful X1 processor uses advanced algorithms to cut noise and boost detail. With an even clearer 4K signal, everything you watch is closer to 4K resolution, full of life-like color powered by Live Color technology. The new BRAVIA 2, 4K televisions let you see glorious 4K pictures, rich with real world detail and texture. Images filmed in 2K and even Full HD are upscaled close to 4K resolution by 4K X-Reality™ PRO using a unique 4K database. You can enjoy smooth and sharp details even in fast-moving sequences with Motionflow™ XR. This innovative technology creates and inserts extra frames between the original ones. It compares key visual factors on successive frames, then calculates the split second of missing action in the sequences. Some models also include black.

BRAVIA 2 series comes with open baffle down firing twin speakers that delivers 20-watt powerful sound with Dolby audio. The open baffle speakers deliver impressive low-end sound that’s ideal for movies, sport,s and music. Now experience sound that is clearer and more natural and immerse yourself in enriching music. Clear Phase precisely analyses the speaker’s frequency response, identifying and removing any peaks or dips for pure, natural audio with smooth, even reproduction of all frequencies.

With the new BRAVIA 2 series, download 10,000+ apps, see 700,000+ movies and TV episodes, plus live TV, all in one place. Google TV brings everyone’s favorite content from across apps and subscriptions and organizes them. Searching is easy- just ask Google. Try saying, “Hey Google, find action movies” to search across apps. Customers can easily find something to watch with personalized recommendations and bookmark shows and movies by adding a watchlist from phones and watching it on TV to keep track of what to watch. Users can even add to their watchlist from their phone or laptop with Google Search and find everything in one place. BRAVIA 2 supports Apple Home Kit and AirPlay and seamlessly integrates Apple devices like iPads and iPhones with the TV for effortless content streaming.

With ALLM in HDMI 2.1, the BRAVIA 2 recognizes when a console is connected and powered on and automatically switches to low latency mode. You’ll enjoy smoother, more responsive gameplay, which is vital for fast-moving, high-intensity games. With Auto HDR Tone Mapping the HDR settings will be optimized instantly during your PS5™ console’s initial setup. Your PS5™ automatically recognizes individual BRAVIA TV models and selects the best HDR setting for your TV accordingly. So even in high contrast scenes, you will see the crucial details and colors in the brightest and darkest parts of the screen. The TV will automatically switch into Game mode to minimize input lag and make the action more responsive. When watching movies on PlayStation5® consoles, it switches back to standard mode to focus on picture processing for more expressive scenes.

The new BRAVIA 2 series built with the new and improved X-Protection PRO technology are made to last. Not only are they equipped with superior dust and humidity protection as they also pass the highest standards of Sony’s lightning tests, meaning your TV is safeguarded from lightning strikes and power surges. Keep enjoying seamless entertainment with a TV that lasts longer.

Price and Availability:

GrabOn’s CFL 12 Brings Cricket Fever to Fantasy Gaming Fans Everywhere

25th June 2024 Hyderabad, Telangana, India As the country gears up for another electrifying cricket season, GrabOn, India’s leading online savings destination, is back with the Cricket Fantasy League, Season 12. The in-house Cricket Fantasy League will run from June 2nd to June 29th, 2024. This event promises an immersive experience for cricket enthusiasts, offering a platform for fans to engage deeply with their favorite sport while standing a chance to win phenomenal prizes.

Exciting Sponsors and Partners

OVH Cloud, a global leader in cloud computing solutions, joins as a co-sponsor of CFL 12. Nature4Nature and Lenovo have also come on board as in-game sponsors, enhancing the gaming experience with their unique offerings. Explurger, as the outreach sponsor, extends the event’s reach to a wider audience, ensuring cricket fans from all corners of the country can join in the excitement.

Exclusive Rewards and Vouchers
Get ready to be showered with exclusive rewards and vouchers from CFL 12’s gifting sponsors, including Puma, Zepto, Daily Objects, Mindtree, Zoomin, EaseMyTrip, Neem Ayu, Roz Hub Naturals, Vilvah, GiftKyaDe, EatSure, and Protouch. From premium sportswear to cutting-edge gadgets, there’s something for everyone in the lineup.

CFL 12 isn’t just a gaming tournament; it’s a celebration of cricket fandom. With user-friendly features, real-time updates, and an array of prizes up for grabs, the campaign promises to be an unforgettable experience for cricket lovers nationwide.

This year, CFL 12 has introduced three new games that are as addictive as they are entertaining. All you have to do is play and accumulate points to gain access to a whole bunch of rewards.

Sign up for GrabOn’s CFL 12 today and get ready to experience the ultimate fusion of cricket and gaming. With non-stop fun, incredible rewards, and endless excitement, CFL 12 is the event you’ve been waiting for. Don’t miss out on your chance to be a part of the action – join the league and start collecting points now.

Covestro AG enters into concrete negotiations with Adnoc regarding a potential transaction

Based on the open-ended talks held so far with Abu Dhabi National Oil Company („Adnoc“) the Board of Management of Covestro AG (“Covestro”) after consultation with the Supervisory Board has today decided to enter into concrete negotiations with Adnoc regarding a potential transaction and the potential conclusion of an investment agreement as well as to allow for an adequate exchange of company information to confirm assumptions (confirmatory due diligence).

In the view of the Board of Management, the discussions so far have shown that Covestro and Adnoc can generally reach a common understanding regarding core aspects of a possible transaction including support for Covestro’s further growth strategy.

Starting point for the negotiations is a possible offer price of € 62 per Covestro share that Adnoc has indicated to Covestro, which is subject, among other things, to the results of the confirmatory due diligence and agreement on the content of an investment agreement.

”We have made good progress in our discussions with Adnoc. Therefore, we have decided to enter into concrete transaction negotiations with Adnoc”, said Markus Steilemann, CEO of Covestro.

Adnoc and Covestro both intend to proceed with the negotiations about a potential transaction and the confirmatory due diligence in a timely manner. At this time, there is no certainty whether the upcoming negotiations will lead to an agreement. There is also no certainty as to the final terms of any such agreement.

Any potential transaction would, in addition to mutual agreement on the commercial and legal transaction parameters, among other things, be subject to the approval of the respective boards of the parties and clearance by the competent authorities.

In light of the recent developments, the Capital Markets Day scheduled for June 27, 2024, will be postponed until further notice.

Registrations open for IET Future Tech Congress (FTC) 2024

Bengaluru, 25th June 2024: The Institution of Engineering and Technology (The IET) has opened registrations for their annual flagship event – the IET Future Tech Congress. The event will take place on 2 September 2024 and is centered this year around the theme of “India’s Component Conundrum,” – spotlighting the urgent need to create a robust ESDM manufacturing system in India.

Speaking on the theme, Shekhar Sanyal, Country Head and Director, IET India says, ‘The IET has always been focussed on exploring cutting-edge technologies that will shape the world of tomorrow. In this 6th edition of our Flagship Congress – we are delving into a much-needed conversation for India, right now. This year, we will talk about our need for a robust ESDM ecosystem which presents a host of opportunities as well as quite a few challenges that need to be discussed and solved. The focus will be to figure out which components that the Indian ecosystem, especially MSMEs need to invest in to fuel future technology growth. Being one of the only neutral platforms, we will be able to bring together all pieces of the jigsaw to create a complete solution. Attendees will get a clear idea of where exactly their investments should be in the next few years.’

The IET Future Tech Congress draws leaders of industry, academia and policy-makers as a one-of-a-kind neutral platform that hosts important tech-led dialogues. Siemens Technology & Services Pvt Ltd was the Presenting Partner in 2022 and is presenting the national event this year as well. Other leading industry players including Elsevier and others are partnering the event as well.

The event will feature fast-paced, future–tech focused, thought-provoking conversations on how India’s dependency on imports and the absence of a robust ESDM and chip manufacturing component ecosystem will hinder India’s Digital ambition and our journey towards the $30 trillion Economy by 2047. It will spotlight critical challenges and developments across 3 key technologies – Generative AI, Industrial Metaverse and Quantum Technologies. These conversations will further highlight the impact of the Component Conundrum across 3 fast growing sectors – Healthcare, Manufacturing and Mobility, which are estimated to contribute to 25% of India’s GDP.

Additionally, the conference will feature a special Healthcare Experience zone with immersive experiences and displays featuring the end-to-end patient experience of the future. The event will also enable key networking opportunities through on-site lounges and a Networking & Awards Dinner.

Speaking on the agenda of the event, Dr Rishi Bhatnagar, Chair – IET India Future Tech Panel says, ‘With the sixth edition of the IET‘s flagship event, the Future Tech Congress, we have chosen a theme critical to achieving our $30 trillion ambition by 2047. While government support in opening up India’s semiconductor industry is vital, active engagement from industry and academia is equally essential. The FTC serves as a neutral platform to bring together key stakeholders—tech experts, industry leaders, academic institutions, startups, and policymakers—to engage in essential discussions on the component conundrum. We will address challenges and bottlenecks in sectors such as manufacturing, healthcare, and mobility, focusing on transformative technologies like GenAI, the industrial metaverse, and quantum tech. This component conundrum impacts every industry relying on future technology. We invite everyone—SMEs, MSMEs, startups, enterprise players, GCCs, academia, upskilling entities, and industry bodies—to join us at FTC. Together, we can explore opportunities, solve bottlenecks, and accelerate India’s journey towards becoming Atmanirbhar.’

The IET‘s Annual Flagship Tech Event launched in 2016 as the IoT India Congress, playing a crucial role in promoting IoT innovation and business value. Known as the Platform of Platforms for the Internet of Things, it successfully ran four editions until 2019, attracting over 350 speakers and 5,000 attendees, including 72% CXOs and decision-makers from 20+ industries. Its successor, the Future Tech Congress, continues this legacy as a unique neutral platform that seeks to solve tomorrow’s business challenges through exploring future technologies and industry roadmaps to adoption. Early bird registrations are open for the 2024 event. More details are available on the official website of the IET Future Tech Congress.

FLO organised a full-day conclave on MSMEs & Inclusive Growth

Hyderabad, June 25th, 2024: FICCI Ladies Organisation(FLO) organised a day-long conclave on MSMEs & Inclusive Growth in a city hotel in Necklace Road on Monday.

It was formally inaugurated by Smt Joyshree Das Verma, National President of FLO who was the special guest at the inaugural along with the current and past chairpersons of FLO

Dr Sridhar Babu who joined immediately after the inauguration said no world exists without women. He complimented all the women in the hall for all they have been contributing to the industrial growth of the State.

The TG Government is committed to TS industrial growth and every sector of our governance. The governments come and go, but continuity of policy is important. Our government will continue all the rightful policies of previous governments in the best interest of the industry, he said

We were the first to identify the potential of IT in 1992 and laid the foundation for the Software Technology Park of India, he shared.

TG Govt to come out with States’ first MSME Policy which will be placed in the next assembly session the IT Minister D. Sridhar Babu announced. He sought industry suggestions in its policy drafting. The work of the same is underway. This policy will focus on the inclusive growth of the MSME sector. We want inclusive growth of MSMEs. We will strengthen them, he told the audience

He highlights the importance of skills and the availability of a good pool of skill sets in the state. And to augment further we will soon come out with Skill University on the lines of ISB which will be managed and run by the industry, he added.

It will also have a digital focus as that will be the future to enhance digital skills and capabilities of the future workforce, he added.

We have 200 GCCs (Global capability centres) in the state and more are expected, he added.

We will transform our IT industry from software development to finished products industry, Sridhar Babu said. Coding may soon become obsolete, he opined.

The Y2K scenario which we witnessed in the year 2000 will be repeated in the case of AI where our people like in the Y2K dominate by offering their services, the IT Minister added.

We aim to make Hyderabad the future capital of AI. It will have a special focus on MSMEs. The past brain drain will be reversed in this case, he added.

Another major announcement he made in response to a question was that the government is exploring possibilities of parallel rail connectivity along with the 320 km long RRR.

Joyshree spoke about FLO’s Journey: Catalyzing. growth and inclusivity for women entrepreneurs. Our vision is the growth and inclusivity of women entrepreneurs in India.

Joyshree further said MSMEs are contributing 30% of India’s GDP and 45% of manufacturing output and generating 11 crore employment.

A MoU was inked between FLO & Ni-MSME and the same was exchanged by Smt Joyshree Das Verma and Dr Glory Swarupa, Director-General ni-msme.

Giving her welcome address Priya Gazdar, Chairperson of FLO Hyderabad Chapter said as we all know, MSMEs play a pivotal role in economic development. Globally, MSMEs account for over 90% of businesses and more than 50% of employment. This sector’s ability to create jobs, foster innovation, and drive economic diversification is unparalleled.

FLO Hyderabad Chapter is proud to have facilitated the MoU between FLO National and nims-may, the pioneering and only-of-its-kind central government institution in India for capacity-building, skill-upgradation, research and entrepreneurship development, focused solely on the SME sector. She thanked Nims-may and Director-General Dr. Glory Swarupa for joining hands with FLO to further the cause of women in MSME.

Followed by an inaugural panel discussion held on Women-led MSMEs: Opportunities, Challenges and Expectations. The Panelists were Dr Glory Swarupa, Director-General ni-mane; Sita Pallacholla, CEO of We-Hub; Vatsala Mishra, Director-MSME & Retail, Govt of Telangana. It was moderated by Priya Gazdar.

The Panelists shared relevant policies, schemes, support etc and RAMP —”Raising and Accelerating MSME Productivity”, a Central Sector Scheme by the Ministry of Micro, Small & Medium Enterprises. The scheme aims to scale up the implementation capacity and coverage of MSMEs in the States, with impact enhancement of existing MSME schemes.

Women have much more capabilities than PPP-Pickle, Papad, and Petticoats. They are into precision engineering and others added Dr Glory Swarupa.

In a fireside chat Kishore Kedari, Head of Production, Arka Media Works and Rajeev Ranjan, Co-founder & COO, Spirit Media spoke on the big picture: the role of small businesses in film and media.

About 150 people participated in the conclave.