9, Feb 2024
Govt urges stakeholders to explore real Odisha
Konark: In a bid to showcase the true essence of Odisha beyond its well-known destinations, the state government is calling upon investors and tour operators to explore enchanting locales situated 200 km away from the capital city. Daringbadi, known for its mesmerizing landscapes, promises an unparalleled experience, inviting stakeholders to become part of the authentic Odisha.
During the Business-to-Government (B2G) meeting held under the 5th Odisha Travel Bazaar 2024 at Eco Retreat, Konark, government officials emphasized the need to diversify tourism offerings. They urged investors to visit lesser-explored places, fostering a connection with the real Odisha. The government is open to suggestions, aiming to make its tourism policy more vibrant and inclusive.
To support investors, the state is undergoing significant infrastructure developments, including new airports, roads, and hotels in various parts of Odisha. This initiative is aimed at creating a robust foundation for the growth of tourism beyond the conventional destinations.
The B2G meeting saw industry leaders providing valuable suggestions on diverse tourism segments, such as MICE (Meetings, Incentives, Conferences, and Exhibitions) Tourism, wildlife tourism, and Caravan tourism. They advocated for the inclusion of these suggestions in the state’s tourism policy to enhance its overall appeal.
The interactive Industry roundtable witnessed the participation of prominent figures, including Additional Chief Secretary of Tourism, Shri Surendra Kumar, Tourism Director Sachin Ramchandra Yadav,and leaders from IHCL (Taj), Indian Convention Promotion Bureau (ICPB), Yatra, MakeMyTrip, Booking.com, and more. These key stakeholders shared insights and recommendations, contributing to the shaping of Odisha’s progressive tourism policies.
As Odisha unfolds its lesser-explored wonders, the state is poised to emerge as a multifaceted destination, offering unique experiences that go beyond the familiar landscapes of Bhubaneswar and Puri.
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- By Rabindra
9, Feb 2024
Square feet Group to Launch India’s First Dedicated Millennial Housing Project
Mumbai, India – February 9, 2024 – Square feet Group, a prominent real estate developer based in Thane, announces its plan to launch India’s first dedicated Millennial Housing Project, strategically located opposite the majestic Grand Central Park in Kolshet. The unveiling ceremony of Grand Central Park was honored by the esteemed presence of Maharashtra Chief Minister Eknath Shinde, marking a significant milestone in Mumbai’s Urban Built Environment.
The Grand Central Park, sprawling over 20.5 acres, stands as Mumbai’s largest Theme Park, boasting a rich tapestry of over 3,500 diverse species of trees and many amenities curated to offer an immersive experience to its visitors. From themed parks showcasing Mughal, Chinese, Moroccan, and Japanese cultures to a vibrant array of wildlife inhabiting its lush landscapes, the park promises to be a sanctuary of tranquillity amidst the bustling cityscape.
Speaking about this ground-breaking development, Sachin Mirani, Director of Square feet Group, stated, “It is a proud moment for all Thanekars to have a Grand Theme Park, and we want to congratulate our Honorable Chief Minister for making this a reality.” Further, he commented, “We are also thrilled to unveil a housing project right in front of the Grand Central Park that epitomises innovation, luxury, and convenience tailored specifically for the dynamic lifestyle of millennials. Our vision is to redefine urban living by seamlessly integrating modern amenities with the serenity of nature, offering residents a sanctuary where every need is meticulously catered for.”
The Millennial Housing Project promises a revolutionary living experience akin to a five-star hotel setup, where residents can effortlessly navigate through their daily routines with bespoke solutions at their fingertips. From culinary delights curated by professional chefs to housekeeping services and automated laundry facilities, every aspect of daily life is streamlined to offer unparalleled convenience. Mirani elaborated on the project’s innovative features, envisioning a holistic ecosystem to nurture physical and mental well-being. “Imagine a home equipped with a dedicated health and fitness expert, a personalised nutritionist, and a hybrid gym offering many online and offline sessions ranging from Yoga to Zumba. Additionally, residents will have access to a 4-acre podium featuring, luxurious swimming pool, open-air theatres, culinary delights, and many recreational facilities.”
The Millennial Housing Project by Square feet Group is poised to redefine the paradigm of affordable luxury living, offering the allure of high-end amenities at a competitive market price tailored to suit the discerning tastes of millennials. Whether embarking on a career journey or starting a family, this project caters to individuals seeking a harmonious blend of luxury, convenience, and community.
9, Feb 2024
Squarefeet Group to Launch India’s First Dedicated Millennial Housing Project
Mumbai, India – February9, 2024 – Squarefeet Group, a prominent real estate developer based in Thane, announces its plan to launch India’s first dedicated Millennial Housing Project, strategically located opposite the majestic Grand Central Park in Kolshet. The unveiling ceremony of Grand Central Park was honoured by the esteemed presence of Maharashtra Chief Minister Eknath Shinde, marking a significant milestone in Mumbai’s Urban Built Environment.
The Grand Central Park, sprawling over 20.5 acres, stands as Mumbai’s largest Theme Park, boasting a rich tapestry of over 3,500 diverse species of trees and many amenities curated to offer an immersive experience to its visitors. From themed parks showcasing Mughal, Chinese, Moroccan, and Japanese cultures to a vibrant array of wildlife inhabiting its lush landscapes, the park promises to be a sanctuary of tranquillity amidst the bustling cityscape.
Speaking about this ground-breaking development, Sachin Mirani, Director of Squarefeet Group, stated, “It is a proud moment for all Thanekars to have a Grand Theme Park, and we want to congratulate our Honourable Chief Minister for making this a reality.” Further, he commented, “We are also thrilled to unveil a housing project right in front of the Grand Central Park that epitomises innovation, luxury, and convenience tailored specifically for the dynamic lifestyle of millennials. Our vision is to redefine urban living by seamlessly integrating modern amenities with the serenity of nature, offering residents a sanctuary where every need is meticulously catered for.”
The Millennial Housing Project promises a revolutionary living experience akin to a five-star hotel setup, where residents can effortlessly navigate through their daily routines with bespoke solutions at their fingertips. From culinary delights curated by professional chefs to housekeeping services and automated laundry facilities, every aspect of daily life is streamlined to offer unparalleled convenience. Mirani elaborated on the project’s innovative features, envisioning a holistic ecosystem to nurture physical and mental well-being. “Imagine a home equipped with a dedicated health and fitness expert, a personalised nutritionist, and a hybrid gym offering many online and offline sessions ranging from Yoga to Zumba. Additionally, residents will have access to a 4-acre podium featuring, luxurious swimming pool, open-air theatres, culinary delights, and many recreational facilities.”
The Millennial Housing Project by Squarefeet Group is poised to redefine the paradigm of affordable luxury living, offering the allure of high-end amenities at a competitive market price tailored to suit the discerning tastes of millennials. Whether embarking on a career journey or starting a family, this project caters to individuals seeking a harmonious blend of luxury, convenience, and community.
9, Feb 2024
Elevate Your Valentine’s Day Experience @ Mercure Hyderabad KCP
Indulge in Romance at the Terrace Rooftop Restaurant
Mercure Hyderabad KCP is organising a special Valentine’s Day Dinner at The Terrace Rooftop Restaurant. Join us for an evening of refined romance and culinary delight amidst the captivating backdrop of the city’s skyline. Prepare to be enchanted as you and your loved one are enveloped in an atmosphere of intimacy and sophistication. Our culinary artisans have curated an exquisite menu designed to tantalize the senses, featuring an array of meticulously crafted dishes paired with the finest wines and champagnes.
Set against the ethereal glow of candlelight, every moment at our Terrace Rooftop Restaurant is destined to be cherished. As the stars twinkle above and the city lights dance below, your love story is sure to be etched in each other’s heart with golden twine in the cosy and romantic ambience of the venue.
For reservations and inquiries, please contact +9100019045
9, Feb 2024
ESAF Small Finance Bank Reports Strong Growth with 200% surge in Net Profit
Kochi, February 9, 2024: ESAF Small Finance Bank Limited announced its financial results for the quarter ended December 31, 2023. The bank reported a robust growth in its Net Profit, which surged by 199.8% year-on-year to ₹ 112 crore. The bank’s net interest income grew by 32.3% year-on-year to ₹ 597 crore, as the net interest margin stood at 10.6%. The pre-provisioning operating profit increased by 20.5% YoY to ₹ 288 crore in Q3 FY24. the return on asset (ROA) and return on equity (ROE) stood at 2.3% and 25.5%, respectively.
The bank’s total business grew by 38.3% YoY to ₹ 37,009 crore in Q3 FY24, as against ₹ 26,763 crore in Q3 FY23. The gross advances grew by 36.7% YoY to ₹ 17,153 crore in Q3 FY24, as against ₹ 12,544 crore in Q3 FY23. The advances under management (AUM) for the quarter stood at ₹ 18,149 crore, up by 35.9% YoY. Of the AUM, micro loan and other contributed 72%, while retail loans accounted for 28%. The disbursements during Q3 FY24 grew by 10.6% to ₹ 3,893 crore, as against ₹ 3,521 crore in Q3 FY23.
The bank’s total deposits grew by 41.0% YoY to reach ₹ 18,860 crore in Q3 FY24, compared to ₹ 13,412 crore in Q3 FY23. The current account and savings account (CASA) deposits increased by 20.3% YoY to ₹ 3,562 crore, compared to ₹ 2,960 crore in Q3 FY23. The CASA ratio stood at 18.9%.
The bank’s asset quality improved in Q3 FY24, as the gross non-performing assets (GNPA) ratio stood at 4.2%, as compared to 7.2% in Q3 FY23. The net non-performing assets (NNPA) ratio stood at 2.2% of the advances in Q3 FY24. The provision coverage ratio (PCR) stood at 59.5%. The capital adequacy ratio (CRAR) was 21.0%, and the Tier I ratio was 18.9%, as at the end of December 2023.
Commenting on the results, Mr. Kadambelil Paul Thomas, MD & CEO of ESAF Small Finance Bank Ltd., said, “The growth in the bank’s business numbers has been satisfactory. We are particularly pleased to note a year-on-year growth of 38% in our business numbers. Keeping this positive trend in mind, the bank is strategically reinforcing its efforts to ensure continued success. Through improved supervisory oversight at the field level, we aim to proactively manage potential challenges and further optimize our operational efficiency. With these initiatives underway, we are confident in achieving better performance in the coming quarters.”
9, Feb 2024
Experience a romantic Valentine’s Day celebration at Hyatt Regency Dehradun Resort & Spa
For those seeking a fairytale Valentine’s Day retreat, look no further than the Hyatt Regency Dehradun Resort & Spa. Providing a mesmerizing celebration amid stunning scenery, enhanced by a luxurious pool and intimate dining options, this hotel is at the forefront of setting the stage for a truly romantic Valentine’s Day experience.
Indulge in a luxurious dining experience at Range, the cosmopolitan culinary haven
Enhance your evening with flavour and romance as you savour delicious Indian and international dishes paired with a wide selection of sparkling wines. Indulge in Chef’s expertly curated creations, each celebrating unique flavours, while the Valentine’s Day menu highlights Range’s live culinary specialities. Make this romantic occasion truly enchanting with an abundance of culinary offerings.
Love in Luxury: book the perfect date for a picture-perfect evening at Skypool
Spark romance at the hotel’s poolside cabana, enveloped in luxurious elegance. Indulge in a private evening featuring a delicious five-course gourmet menu and a bottle of sparkling wine. The hotel enhances the experience with complimentary gifts and bespoke butler service, adding an extra touch.
Celebrate your love story at Beyul, where your Valentine’s Day festivities commence with exquisite cocktails.
Indulge in the eclectic ambience of the hotel’s premier party destination and enjoy a selection of expertly crafted cocktails complemented by a retro-inspired DJ night to dance the evening away. Beyul offers an endless pour of handpicked IMFL beverages alongside the chef’s specially curated menu of the day to make your Valentine’s even more special.
The Hyatt Regency Dehradun Resort & Spa prides itself on its detailed attention to guests’ needs, ensuring a truly satisfying experience. From the shimmering swimming pool to the indulgent health spa and exquisite dining options, everything is crafted to offer a comfortable experience. As romance blossoms, the hotel stands ready to embrace this special occasion, providing an amazing blend of luxury and love.
9, Feb 2024
Persistent Launches Population Health Management Solution
February9, 2024
Santa Clara, CA and Pune, India
Persistent Systems (BSE and NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, today launched an innovative Generative AI-powered Population Health Management (PHM) Solution in collaboration with Microsoft. Aligned with value-based care models, the Solution identifies Social Determinants of Health (SDoH) to determine patients’ non- clinical needs and better predict the cost of care driven by clinical conditions. It helps patients receive quality care at the right time and in the right place, while optimizing capacity and cost- effectiveness for healthcare providers and organizations.
Predictive risk modeling is a critical tool to identify patients who will require significant medical assistance, as a relatively small proportion of the population accounts for the majority of healthcare spending. Leveraging Microsoft Azure OpenAI Service and Dynamics 365 Customer Insights, Persistent’s PHM Solution identifies SDoH based on Electronic Health Records (EHR) data. Since up to 80% of key patient information within an EHR is in the form of unstructured clinical notes, Persistent’s Solution accurately extracts this information, unlike PHM solutions in the market, which are solely dependent on third-party data sources or survey data. This innovative method, compared to existing natural language processing-based approaches, is intended to improve patient outcomes through more timely and intelligent care recommendations, and provides higher accuracy, improved scale, and increased compliance.
In addition, Persistent’s PHM Solution assists a physician or a caregiver in recommending personalized interventions through community-based programs and care management teams to prevent emergency department visits, avoidable readmissions, and extended hospital stays. The Solution decreases 30-day readmissions by up to 60%, and continuously monitors correlations and outcomes to ensure quality patient engagement.
Persistent and Microsoft share a longstanding 32-year relationship. With more than 4,500 Microsoft-certified consultants and 50+ IPs and accelerators, Persistent is focused on establishing a resilient ecosystem supported by delivering top-notch digital solutions that aim to improve health outcomes, offer enriched patient experiences, reduce care costs, and optimize operational efficiency. The PHM Solution is a testament to Persistent’s deep domain expertise and proficiency in leveraging Microsoft platforms to help its clients deliver personalized healthcare. The PHM Solution is currently available on Azure Marketplace.
Ganesh Nathella, Senior Vice President & General Manager – Global Lead, HLS Business, Persistent:
“Addressing the causes of negative healthcare outcomes is increasingly understood as a critical component of any PHM program. With this innovative Solution, built on Persistent’s deep domain expertise and differentiated frameworks along with Microsoft Azure OpenAI Service and Dynamics 365 Customer Insights, we are identifying care access and health equity issues by optimizing enterprise capacities and ensuring cost-effectiveness. We’re confident that through actionable and trackable insights and personalized intervention, this Solution will significantly improve physician’s and caregiver’s decision-making to enhance patient experience and overall care quality.”David Rhew, M.D., Global Chief Medical Officer & Vice President of Healthcare, Microsoft:
“The goal of population health management is to improve overall health of a population by applying cost-efficient interventions designed to promote better health for groups of individuals. To accomplish this, we need to harness data to identify individual needs, monitor the success of interventions, and benchmark against comparative data. Leveraging Microsoft Azure OpenAI
Service and Dynamics 365 Customer Insights to extract and track crucial SDoH data, Persistent’s PHM Solution will yield personalized care recommendations and help reduce costs, ultimately contributing to enhanced care quality.”
9, Feb 2024
Mr. Mukesh Agrawal, Coal India’s New Director (Finance)
New Delhi, 9th February 2024 :– Mr. Mukesh Agrawal took over as Director (Finance) Coal India Limited (CIL), the Maharatna public sector coal mining monolith, on and from 8 February 2024.
Prior to assuming the top position in CIL’s Finance Division he was Executive-Director, NLC India Limited, the Tamil Nadu based lignite producing major which also has significant footprint in thermal and renewable generation.
Mr. Agrawal took the charge from Mr. Debasish Nanda, Director (Business Development) CIL who held the additional responsibility as Director (Finance).
Mr. Agrawal’s experience spans over three decades with a blend of both private and public sector work familiarity in entities like ITI Limited, IRCON International Limited and NLCIL.
He also had a stint as Chief Financial Officer (CFO) at NLCIL’s subsidiary Neyveli Uttar Pradesh Power Ltd (NUPPL), a coal based Supercritical Thermal Power Plant which is a joint venture between NLCIL and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited. His notable contributions include of lignite power pricing and Regulatory affairs.
CIL looks forward to Mr. Agrawal’s financial acumen especially with his experience in coal and power industry. His proficiency in Accounts, Treasury, Taxation, Costing, Budgeting, Inventory Management, Debtors & Fund Management, Digitization, Policy Formulation, System Improvement, IFC brings an additional edge.
8, Feb 2024
Asian Energy Services Ltd Secures LoA of Rs 250 CR from Central Coalfields Ltd
Mumbai, 8th February 2024 – Asian Energy Services Ltd (AESL), a leading player in the energy infrastructure sector, is thrilled to announce its latest triumph in receiving a momentous LoA (alongside its JV partner) from Central Coalfields Ltd (subsidiary of Coal India Ltd). The work programmed encompasses Planning, Design, Engineering, Construction, Fabrication, Erection, Supply, Installation, Testing, Trial run and Commissioning of a Coal Handling Plant, along with SILO loading at KARO OCP consisting of all Civil, Structural, Electrical and Mechanical Works and Operation & Maintenance of the plant for 5 years. This esteemed project is valued at INR 250 crore rupees inclusive of taxes.
This LoA marks a major milestone for AESL, not only expanding its services portfolio but also reinforcing its presence in the rapidly expanding energy infrastructure sector in India. The execution of works under this project will contribute significantly to the company’s financial performance in FY25 and FY26 while providing long-term revenue visibility.
Mr. Kapil Garg, MD of Asian Energy Services Ltd, expressed his excitement, stating, “We are elated to receive LoA from CCL for this project. It is a testament to our credibility and reputation within the energy industry and strengthens our commitment to delivering high- quality projects and services. We look forward to executing the project efficiently and further enhancing our service offerings. We are well positioned to partake in the ongoing upgradation and modernization of India’s energy infrastructure and are on the lookout for more project awards in the coming months. These projects will further reinforce the bedrock of AESL’s order book, which currently stands at approximately Rs 1200 CR, and provide revenue visibility for FY25 and beyond.”.
The successful bid for this contract aligns with AESL’s strategic vision to diversify its portfolio and solidify its position as a key player in the energy infrastructure landscape. The company remains dedicated to delivering excellence in every project it undertakes, thereby contributing to the nation’s energy security and sustainable growth.
8, Feb 2024
Kinetic Green launches E-Luna…
New Delhi, 08th February 2024: Kinetic Green, a leading manufacturer of electric vehicles in India, proudly introduced the highly anticipated E-Luna today, a stylish, multi-utility electric two-wheeler with advanced technology and features, at a prestigious event in New Delhi. This all-new electric version of the iconic Luna was unveiled at the hands of Shri Nitin Gadkari, Hon’ble Minister of Road Transport and Highways, Government of India, alongside Dr. Hanif Qureshi, IPS, Additional Secretary, Ministry of Heavy Industries, GoI, Dr. Arun Firodia, Chairman of Kinetic Group, and Ms. Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, adding great significance to the momentous occasion.
The E-Luna stands out in the electric vehicle market as a unique offering with unparalleled versatility. It represents innovation as it is designed to cater to personal commuting and various applications for small businesses. Its advanced electric technology and innovative features contribute to an eco-friendly and highly contemporary riding experience.
E-Luna is a high-speed Electric two-wheeler that is 100% designed, engineered and Made in India with a vision that masses, and not just classes, participate in the EV revolution and benefit from the advantages of e-mobility of great savings and noiseless, emission-free ride.
At the heart of the stylish design of the new E-Luna is its unique, metallic colored, dual-tubular, high-strength steel chassis. This heavy-duty chassis not just renders strength and durability to the vehicle; but is also the differentiating styling element of the E-Luna, giving it a contemporary look like the sport or naked motorcycles. The chassis makes the E-Luna capable of providing a stable ride over various terrains. Its multi-utility aspect allows it to function not only for personal mobility but also as a “business partner”, with a remarkable 150 kg payload capacity.
The E-Luna also packs many impressive features including advanced 2.0 kWh lithium-ion battery pack, that delivers a range of 110 km on a single charge. E-Luna variants will offer options of 1.7 kWh, 2.0 kWh and subsequently, a 3.0 kWh battery pack with 150 km per charge riding range, empowering customers to choose the E-Luna as per their range and price requirement. E-Luna’s battery meets the highest safety standard with efficient thermal management. E-Luna is available with fast charging battery technology and swappable battery options, specially for B2B used cases.
With an advanced BLDC mid-mount motor with 2.2 kW peak capacity, E-Luna has a top speed of 50 km/h. The E-Luna is equipped with a CAN-enabled communications protocol, and its sleek digital meters offers enhanced convenience alongside real-time DTE or “Distance to Empty” range indicators to its riders. E-Luna’s key aggregates including the battery, motor and controller are designed to the IP-67 standard as water-proof, dust-proof aggregates for long lasting use in any driving terrain. Other notable features include combi-braking system, telescopic front suspension, larger 16” wheel size for stability, USB charging port, three riding modes for optimizing range, a detachable rear seat for flexibility, and side stand sensor for added safety.
Shri Nitin Gadkari, Hon’ble Minister of Road Transport and Highways, Government of India, expressed his excitement about the launch, stating, “The electric revolution in the automotive industry is gaining momentum, and Kinetic Green’s E-Luna, with its versatile features and affordability, matches the government’s vision for sustainable transportation. What catches my attention about the E-Luna is not merely the fact of it reducing carbon footprint, but along with Tier 1 cities, the E-Luna is also aimed at providing e-mobility for Tier 2, Tier 3 cities and rural areas of India. This is where the real Bharat is! It is a vehicle that encourages geographical inclusivity. This is the inclusivity that will see Bharat grow, expand and become a leading economic superpower in the world. With products like this, we can envision a future where electric mobility is not just a luxury but a practical and affordable choice for everyone. I congratulate Kinetic Green for their vision and wish them success in transforming the landscape of electric mobility in our country.”
Remembering his first vehicle, Shri Nitin Gadkari expressed “On this special occasion, I reminisce about my first vehicle—the Luna, a cherished gift from my mother to me. The Luna holds a special place in my heart as my first vehicle, and though today I own numerous other vehicles, the memories associated with the Luna presented by my mother remain engraved in my heart”.
During the unveiling of E-Luna, Ms. Sulajja Firodia Motwani, the Founder and CEO of Kinetic Green said, “The E-Luna’s unveiling is a proud moment for Kinetic Green, marking a nostalgic return to Luna’s legacy. E-Luna’s entry into the realm of electric mobility is nothing short of a revolution. Beyond just a vehicle launch, it represents our vision of inclusion for the future of e-mobility. Today, electric vehicles have reached only a 5 to 6 % penetration in the automobile market and two of the key reasons for this are that most of today’s electric vehicle options are expensive making them unaffordable for a vast majority and many of them are not suitable to ride beyond the metro or large cities, making their appeal niche and limited. This is where E-Luna emerges as a beacon of hope, because with E-Luna, electric mobility will become a practical and affordable choice for everyone and everywhere in India. At an introductory ex-showroom price of Rs. 69,990, E-Luna is not only the most affordable high speed electric two-wheeler but also the most easy-on-pocket two-wheeler with its 10 paisa per km running cost!
This electric Multi-Utility Vehicle (MUV), designed for personal or commercial use, goes beyond typical EV products. Symbolizing innovation and minimalistic yet futuristic user-centric design, the E-Luna is fully made in India and designed for Bharat, reflecting our commitment to a sustainable, equitable, and progressive future. In this transformative journey, we are today redefining electric mobility, creating a narrative that echoes the iconic Luna’s spirit and shapes India’s transportation future.”
E-Luna aspires to be more than a mode of transport, presenting itself as a comprehensive solution designed for the street-smart and aspiring Indians underserved by the automotive industry. Positioned as a catalyst for growth, the E-Luna aims to provide personal mobility also to the 75 cr or 50% of Indians who do not own a two-wheeler currently, contributing to Bharat’s growth story. Currently the total cost of owning a petrol-based two-wheeler is around Rs. 6,000-7000 per month, with EMI of Rs. 2500-3000 per month and petrol cost of around Rs. 3,000-4000 per month, making personal mobility unaffordable for many. E-Luna’s Total cost of ownership (TCO) will be below Rs. 2,500 per month, with EMI of around Rs. 2,000 per month and charging cost of just Rs. 300 per month. At a total monthly cost of only Rs. 2,500, E-Luna can play a pivotal role in serving a broader demographic, addressing the mobility needs of aspirers and contributing to a sustainable and accessible future.
Dr. Arun Firodia, Chairman of Kinetic Group said, “The E-Luna’s rebirth signifies a great milestone in Kinetic’s journey, offering more than mere transportation. This ground-breaking venture not only signifies a leap into the future of transportation, but also evokes a profound sense of nostalgia, tapping into the beautiful memories and emotions connected with the Luna. This brings a unique touch, reminding us of the simpler times while at the same time, propelling us into a modern era of innovation. E-Luna effortlessly preserves the nostalgic charm of its predecessor, while embracing sustainability and cutting-edge technology.
I am proud to state that the E-Luna is 100% designed for India and 100% Made in India! We are also proud to share that entire Kinetic Group has supported the E-Luna development, and our group companies like Kinetic Engineering, Kinetic Communications and Kinetic Electric Motor Company have developed the key components like the E-Luna trademark chassis, the transmission, smart controller, digital cluster and the motor. Kinetic Green team has worked tirelessly over the last three years on the development of the E-Luna and I am very pleased at the outcome! ”
The E-Luna will be launched in a range of 5 attractive metallic colors, including Mulberry Red, Pearl Yellow, Night Star Black, Ocean Blue, and Sparkling Green, allowing users to personalize their style.
