Category Archives: Business

SPP Taps Hitachi for AI-Driven Power Grid Reliability and Flexibility

INDIA, June 6, 2025 – Hitachi, Ltd. and Southwest Power Pool, Inc. (SPP) today announced a strategic partnership to solve critical and imminent problems slowing the modernization of U.S. energy infrastructure. The partnership will produce an integrated AI-based solution that accelerates generator interconnection (GI) by reducing study analysis times by 80% while also informing faster, higher-quality decision-making by GI customers. This will markedly improve SPP’s ability to facilitate the addition of its 14-state region’s generating capacity to keep pace with increasing demand for electricity.

 U.S. energy demands are rising by 2 to 3 percent annually, driven by data center growth, expanding manufacturing, and electrification. Data centers alone are projected to consume up to 12 percent of U.S. electricity by 2028, versus 4.4 percent in 2023. Such trends drive an alarming supply and demand gap as generating capacity margins in the SPP footprint could decline from 24 percent in 2020 to just 5 percent in 2029 unless an intervention occurs.

 That intervention starts with end-to-end technical innovation, first at the point of generator interconnection. Currently, the U.S. generates 1.28 terawatts of power. More than twice that generated amount waits in a queue as unusable backlog caused by today’s grid interconnect process. The long wait times are due to exhaustive, time-consuming analysis and simulation studies required to ensure that new energy source introductions don’t compromise existing grid reliability, stability, or performance.

 To address this gap, the three organizations will combine their industry and technical expertise. The partnership draws on multiple Hitachi competencies for a complete solution: Method’s design services; GlobalLogic’s software engineering services; Hitachi Energy’s energy portfolio management asset modeling solutions; Hitachi R&D’s AI-based energy grid algorithm; and Hitachi Vantara’s integrated storage and compute platform Hitachi iQ, built on NVIDIA accelerated computing, networking, and AI software.

 As the regional transmission organization (RTO) framing the project, SPP will guide the integration of these technical solutions and services, leveraging its deep expertise in energy grid optimization. As a reliability coordinator prioritizing operational and customer experience improvements, SPP’s input will also ensure the project outcomes align with industry-wide requirements and regulations.

 “Our nation’s demand for electricity has risen sharply in recent years following a long period of slow growth. Our industry has struggled to keep up with this sudden and significant shift,” said SPP President and CEO Lanny Nickell. “There are a lot of would-be power producers out there waiting to connect to the grid, but yesterday’s systems and technology haven’t been sufficient to enable us to bring incremental capacity online fast enough. It’s time to fix that, and SPP is proud to work with Hitachi and NVIDIA, two AI industry leaders who have the means to help realize a vision of a better energy future for our nation.”

 The integrated solution is an industrial AI system differentiated by its advanced proprietary AI algorithms and high performance enabled by Hitachi iQ’s enterprise AI solution stack which sit at its core. Ultimately, dynamic AI-driven technologies will be applied to various study areas, such as:
· Process automation
· Predictive analysis
· Communication systems integration

 The partnership with Hitachi and NVIDIA runs parallel to other improvements underway at SPP, including a from-the-ground-up reimagining of its transmission planning processes to align them with current and future industry needs. Together, these technological and process innovations are expected to set high-water marks in the electricity industry for generator interconnection, mid- and long-term planning, long-term forecast accuracy, analysis and deployment of additional grid-enhancing technologies, and more.

 “This initiative is about reimagining the electricity production and distribution process through the lens of modern AI technology,” said Frank Antonysamy, Chief Growth Officer, Hitachi Digital. “Real-time data access is needed to create truly realistic scenarios caused by new generator introductions. The AI solution we’re all developing will provide that data, among other advantages. SPP can then make significantly quicker, better-informed decisions that will increase overall ROI while better serving the nation’s population with accessible power. We’re proud to be a part of this important three-way collaboration addressing such a crucial problem.”

 “Interconnection process acceleration is critical to meet the unprecedented demand on our grid,” said Marc Spieler, Senior Managing Director of the Global Energy Industry at NVIDIA. “Using advanced NVIDIA accelerated computing and AI, Hitachi and SPP are helping speed interconnection studies to bring essential infrastructure online faster.”

 The project’s phase one milestones are expected to be completed by winter 2025/26. They include initial systems acceleration, data management processes optimization, and the introduction of AI-augmented simulation modeling among other goals.

Saatvik Solar Industries Private Limited Breaks Ground on the integrated 4.80 GW Solar Cell and 4.00 GW Module Manufacturing Facility in Odisha

Chandigarh, 6th June, 2025: Marking a major milestone in India’s renewable energy journey, Saatvik Solar Industries Private Limited (“SSIPL”), a wholly owned subsidiary of Saatvik Green Energy Limited (“SGEL”) today (June 5, 2025) hosted the groundbreaking ceremony of its upcoming 4.00 GW solar PV module manufacturing facility (“Project Site”), which shall be set-up on the land sub-leased from Tata Steel Special Economic Zone Limited (“TSSEZL”) out of total 57 acres located at National Highway – 16, Chama Khandi, Gopalpur Industrial Park, Gopalpur, Ganjam – 761 020, Odisha, India.

Planned under SGEL’s wholly owned subsidiary SSIPL, the facility is poised to become a cornerstone of SGEL’s expansion strategy.

“To maintain and strengthen our position in the renewable energy sector, we are committed to an approach that emphasizes both capacity expansion and value-added services. Our focus is on ensuring we remain at the forefront of solar energy production and EPC solutions and continue to meet the growing demands of both domestic and international markets. One of our key strategies is ongoing expansion of our production capacity. We are in the advanced stages of establishing a new 4.80 GW integrated cell and 4.00 GW module manufacturing facility in Odisha, which is scheduled to become operational by the end of Fiscal 2027 and Fiscal 2026, respectively. We are also in the process of adding a capacity of 1.00 GW in one of our module manufacturing facilities in Ambala, which is expected to be operational in the first quarter of Fiscal 2026. Following these additions, we expect our capacity to be 4.80 GW for cell manufacturing and 8.80 GW for both integrated cell and module manufacturing across our facilities in Ambala and Odisha. This facility will significantly enhance our production capabilities and position us to better serve the increasing demand for high-quality solar modules. This expansion underscores our commitment to investing in technology and scaling our operations to meet the evolving needs of the renewable energy sector.,” said Prashant Mathur, CEO, SGEL.

Mphasis launches Centre of Excellence (CoE) for Financial Services in Buenos Aires, Argentina

Mumbai, June 06, 2025

Mphasis , an Information Technology (IT) solutions provider focusing on cloud and cognitive services, today announced the inauguration of its maiden Centre of Excellence (CoE) for Financial Services in Buenos Aires, Argentina. The company has onboarded 50 technology experts and plans to scale up to ~200 by the end of year, and potentially grow the number annually, thereafter.

This strategic hub signifies Mphasis’ commitment to pioneering applied Artificial Intelligence (AI) solutions in Argentina and the Latam region for Financial Services. The country’s deep knowledge in Financial Services, combined with Mphasis’ technological strengths, forms the foundation for establishing the CoE.

Mphasis.ai develops AI solutions that deliver personalized interfaces and industry-specific applications to support businesses around the world. Argentina will serve as the base for Latam operations to implement Mphasis.ai at scale in the financial services market. This AI-powered Centre of Excellence will integrate capabilities from the Mphasis.ai business unit and act as the core location for North America operations.

Argentina’s banking and financial technology sector has grown steadily in recent years, supported by rising demand for digital financial services and a strong base of entrepreneurial talent. With this launch in Buenos Aires, Mphasis is proud to contribute to this vibrant ecosystem, advancing financial sector modernization and strengthening Argentina’s role in the global digital economy. Mphasis currently serves 13 of the top 15 retail banks and 7 of the top 10 insurance firms in North America, many with significant operations in the Latam region. The CoE is well-positioned to support both the local Argentinian market and North American clients from this strategic location.

“We are thrilled to establish our presence in Argentina as a strategic, long-term investment to serve both local clients as well as our global Fortune 100 clients. This expansion leverages the region’s strong expertise in Banking and Financial Services, technology capabilities, and the supportive ecosystem to accelerate our growth. We look forward to nurturing local talent and delivering impactful business outcomes for our clients across Latin America,” said Nitin Rakesh, Chief Executive Officer, and Managing Director, Mphasis.

“Argentina has a long-standing and sophisticated financial services sector that plays a vital role in the region’s economy. By bringing together this deep-rooted industry knowledge with Mphasis’ technological expertise, we see a powerful opportunity to drive innovation and deliver differentiated value to our clients globally. It is a privilege to be here today to officially launch our office and reinforce our commitment to the region,” said Eric Winston, EVP, General Counsel and Chief Compliance, Risk & Ethics Officer.

This vision aligns with the strong growth and potential of Argentina’s software and IT services sector. According to the Argentine Chamber of the Software Industry, the Knowledge Economy has grown significantly over the past two decades, now accounting for more than 150,000 registered tech jobs and over USD 2.5 billion in annual exports. Argentina stands out for its innovation capabilities, particularly in fintech and financial services, where it has developed advanced solutions in payments, risk management, and digital banking. Supportive public policies such as the Knowledge Economy Law and the rise of tech operations in Buenos Aires, Córdoba, and Mendoza further reinforce the country’s position as a strategic center for digital transformation.

Mphasis will drive Savings-Led TransformationTM in Argentina by applying its deep fintech expertise to modernize legacy systems, elevate customer experience, and deliver digital-first financial solutions. The CoE will serve as an epicenter for advanced cloud, AI, and data-driven innovation, with a strong focus on banking and payment services for the South American financial services market.

The company is excited to announce the opening of applications for a wide range of digital roles in application development, inviting local professionals to contribute to our innovative projects. Positions include IT Applications, Front-end and Mobile Development, Mainframe Modernization, AI/ML Engineering, Cybersecurity, Cloud Engineering, Data Science, and UI/UX Design. Future hiring will also focus on cloud, AI, and automation skillsets as Mphasis continues to scale its operations.

Numeros Motors Launches First Company-Owned Showroom in Bangalore on World Environment Day

Bangalore, 6th June 2025: Numeros Motors, the next-generation OEM manufacturing indigenous, multipurpose electric two-wheelers, today inaugurated its first Company-Owned, Company-Operated (COCO) showroom in Rajajinagar, Bangalore. The launch aligns with World Environment Day, a symbolic step toward accelerating sustainable mobility for India’s growing urban and self-employed population.

The showroom features the entire Diplos lineup, centered on three design pillars: Safety, Reliability, and Durability. Leading the showcase is Diplos Max — a newly launched multi-utility e-scooter offering 140 km IDC range and a 3–4 hour full charge time. It is available in Sonic Silver, Cosmos Blue, and Crimson Red.

The new space brings Numeros Motors’ commitment to sustainable innovation closer to its customers, delivering a best-in-class experience rooted in accessibility, real-world performance, and purpose-driven design.

At 1000 sq. ft., the Rajajinagar showroom is built for everyone, designed for purpose. It is thoughtfully designed as a one-stop EV destination for a wide spectrum of users, from families exploring personal mobility to entrepreneurs and gig workers seeking reliable workhorses.

To reflect this diversity, the space is divided into two experience zones:

· The Family Zone: Showcasing models built for daily personal use, the zone highlights comfort-centric design, vibrant colors, and smart vehicle features for modern Indian households.

· The Business Zone: Designed for India’s fast-growing self-employed sector, this area features utility-first vehicles equipped with load-carrying accessories like top boxes, carrier fittings, and customizable add-ons. From hyperlocal deliveries to high-demand fleet operations, this zone brings plug-and-play mobility to entrepreneurs.

Numeros Motors is redefining the test ride. Every customer can access a curated test route designed to simulate real-world traffic and terrain conditions. These test experiences are supported by in-store explainer videos to guide first-time EV riders and empower confident decision-making.

In addition, walk-in customers are welcomed with clearly displayed USPs across each product and accessory, making it easier to explore, compare, and choose without needing technical assistance.

Numeros also promises service and delivery in a day, so you stay on the road.

Extending its commitment to clean mobility access, Numeros has installed free public EV charging sockets outside the showroom. These are available to all electric two-wheelers, regardless of brand. Because cleaner streets require collective action.

“This showroom is more than just a retail space — it is a reflection of our journey and our future,” said Mr. Shreyas Shibulal, Founder & CEO of Numeros Motors. “On World Environment Day, we are doubling down on our promise to deliver practical, clean, and innovative mobility solutions made in India. Our vehicles, especially those built on the Diplos platform, are engineered to ‘Get It Done’ — from family errands to high-uptime utility needs.”

With over 13.9 million kilometers of pilot testing — the largest ever by an Indian OEM — Numeros Motors has validated its performance across cities, climates, and use cases. The company currently operates in 14 cities and aims to reach 100 dealers across 50 cities by FY 2026–27.

Discovery of Heaviest Proton-Emitting Isotope 188At Highlights IIT Roorkee’s Global Research Collaboration

IIT Roorkee, India – June 6, 2025 : IIT Roorkee played a crucial part in a multinational collaborative effort leading to the discovery of a new atomic nucleus, 188Astatine ( 188 At). This discovery was achieved through an experiment at the Accelerator Laboratory of the University of Jyväskylä, Finland, along with the theory developed at IIT Roorkee and Universidade de Lisboa, Portugal.

The discovery of this new atomic nucleus, 188At, is based on the rare process of a nucleus decaying by emitting a proton. With a mass number of 188, it turns out to be the heaviest proton-emitting isotope known to date. Interestingly, the scientists have also reported the first evidence of a rare phenomenon called the Thomas-Ehrman shift in heavy nuclei. These results are published in the journal “Nature Communications” (Reference and hyperlink to be added) owing to the importance of their implications in fundamental physics and allied areas.

Prof. P. Arumugam, Department of Physics, IIT Roorkee, who lead the theoretical efforts mentioned “So far, about 3400 isotopes have been discovered across all 118 known elements, which is only a half of possible measurable isotopes. It is indeed a monumental effort to measure a new one like the 188 At with the novel facilities at Jyväskylä and a strong group of researchers from Finland, USA, India, UK, Portugal, Slovakia and Germany. IIT Roorkee’s contributions are mainly through the state-of-the-art theory and simulations developed over the past 15 years. We are glad that our persistent effort in exploring such interesting phenomena in fundamental physics eventually enabled us to discover 188 At. The expanded details of our theory are provided in the supplementary material of the article.”

This achievement not only celebrates a major scientific milestone but also reinforces IIT Roorkee’s global standing as a hub of high-impact, collaborative research in fundamental and applied sciences .

Prof. KK Pant, Director, IIT Roorkee, congratulated the team for this discovery and added that, “Significant developments in fundamental science are crucial as it widens the scope of its application to novel technologies and problems of contemporary interest. IIT Roorkee has consistently cultivated this aspect of research, which is yielding good results like this discovery of a new isotope with unseen unique properties. Such ground-breaking results are possible with a strong international collaboration which IIT Roorkee is keen to foster.”

This landmark discovery underscores IIT Roorkee’s unwavering commitment to excellence in fundamental scientific research . The institute continues to make significant contributions at the global stage by nurturing cutting-edge theoretical work, building interdisciplinary capabilities, and fostering international collaborations. With a strong foundation in physics, engineering, and computational sciences, IIT Roorkee is steadily advancing knowledge frontiers and inspiring future breakthroughs that can shape our understanding of the universe and drive transformative innovations in science and technology.

INRO Business Summit 2025: Unlocking New Economic Opportunities for India and Romania

Delhi, India — June 4, 2025

The Union of Bilateral Chambers of Commerce from Romania in India (UBCCR) proudly hosted the INRO Business Summit 2025 at the prestigious Pullman Hotel, Aerocity, marking a landmark moment in Indo-Romanian bilateral trade and investment relations.

The summit was a visionary step toward establishing a robust platform for dialogue, collaboration, and meaningful economic exchange between the two nations. It brought together dignitaries and key stakeholders from government, industry, diplomacy, and the private sector to explore shared opportunities across sectors such as manufacturing, clean energy, healthcare, food processing, digital technology, and infrastructure.

A vision shared across borders

The event was graced by an impressive line-up of esteemed guests and speakers, including Mr. Albu Alin Marius, Vice President of UBCCR; H.E. Ms. Sena Latif, Ambassador of Romania to India and Nepal; Mr. Mahesh Kumar Putta, Hon’ble Member of Parliament, India; Ms. Shieva Munjal, President, UBCCR; Shri Adarsh Shastri (Grandson of Late Former Prime Minister Lal Bahadur Shastri ji has been, ex MLA and Former CEO, Apple India & Founder of India Cellular & Electronics Association (ICEA); Mr. Vinod Rao Tandra, Director, Airbotix and Khammam BJP Lok Sabha candidate 2024; Col. Gandhi, Strategic Advisor, Airbotix Technology; and Mr. Anshumman Joshi, Chairman, Dhanvarsha Group & National President, Janhit Dal.

Mr. Albu Alin Marius, a dynamic leader with expertise in international relations, sports management, and strategic bilateral partnerships, emphasized Romania’s commitment to building sustainable ties with India. “Through innovative strategies, transparent communication, and a shared vision for development, we are laying a solid foundation for long-term Indo-Romanian partnerships. These collaborations are not only strategic but deeply impactful across education, technology, trade, and construction,” he said.

Romania’s gateway to Europe, and India’s gateway to growth

In her keynote address, Ambassador Sena Latif described the INRO Business Summit as a cornerstone of the deepening economic and strategic ties between Romania and India. She emphasized Romania’s position as a gateway to the European Union, CIS countries, North Africa, and the Middle East, inviting Indian businesses to explore Romania as a strategic launchpad for wider global access.

“The INRO Summit is not just another conference; it’s a movement,” said Ambassador Latif. “This is the first such large-scale B2B platform to bring Romanian industries to India, from wines and confectionery to high-end technology and healthcare. We aim not just to trade goods but to exchange ideas, build joint ventures, and grow together.”

She urged Indian business leaders to support the timely conclusion of the India-EU Free Trade Agreement, highlighting the vast potential it holds.

Member of Parliament Mr. Mahesh Kumar Putta hailed the summit as a timely initiative that underscores India’s growing global economic stature. “India has overtaken Japan to become the world’s fifth-largest economy. Our GDP growth is strong, our demographic dividend unmatched, and initiatives like Make in India, Digital India, and Startup India are laying the foundation for global partnerships,” he said.

He added that Romania’s growing interest in India is a testament to the mutual trust and opportunities that define this partnership.

UBCCR’s commitment to real-world impact

UBCCR President Ms. Shieva Munjal spoke passionately at the Business Gala, underscoring that the summit was not merely symbolic but action-driven.

“We are here to celebrate the power of cooperation,” Munjal said. “Our goal at UBCCR is simple: to connect people, turn ideas into real projects, and remove barriers to business between our two nations.”

She outlined UBCCR’s future initiatives, including structured business delegations, direct industry partnerships, and bilateral task forces focusing on clean energy, agriculture, digital innovation, and manufacturing.

Technology in focus: airbotix leads the charge

Airbotix Technology made a strong impression at the summit, represented by Mr. Vinod Rao Tandra, and Col. Gandhi. The team highlighted aerospace innovation, defense technology, and AI-driven solutions as promising areas of Indo-Romanian collaboration.

“At Airbotix, we are not just building drones or defense equipment. We are building trust, speed, and safety,” said Col. Gandhi “Romania has world-class aerospace talent and India has market depth and scale. It’s a perfect match.”

Col. Gandhi emphasized the importance of joint R&D platforms, skills development programs, and knowledge exchange to meet the demands of global security and tech advancement.

Mr. Anshumman Joshi added, “This is a great opportunity for India and Romania. This would be a milestone for having an absolutely amazing collaboration between both countries for defense manufacturing, especially in defence drones and other sectors.”

Diplomacy meets enterprise

The INRO Business Summit 2025 was more than a networking event — it was a declaration of shared ambition. Through B2B meetings, panel discussions, cultural presentations, and diplomatic dialogue, the summit highlighted the depth of opportunity and the strength of Indo-Romanian goodwill.

Tier-one companies from Romania that participated in the summit include Aviagro, Cotnari, Sergiana, Boromir, Mirdatod, Ecoferm, Casa Trimis, and Parviresin — all showcasing a diverse portfolio ranging from food and beverage to advanced agricultural and manufacturing capabilities.

A special note of thanks was extended to Mr. Paritosh Ladhani, Vice Chairman of SLMG Beverages (Coca-Cola), for his invaluable support in making the summit a success.

Costin Mandrea, CEO of Coca-Cola, said , “Platforms like the INRO Business Summit demonstrate the true potential of cross-border collaboration. Coca-Cola has always believed in creating value across communities we serve — and India and Romania together offer incredible opportunities for innovation, sustainability, and inclusive growth. We are proud to support initiatives that foster global partnerships rooted in trust and shared prosperity.”

Looking ahead

The success of the summit has set the stage for launching an Indo-Romanian Startup Exchange Program, forming bilateral task forces on agriculture, technology, and logistics, and hosting joint trade expos in Bucharest and New Delhi. With 77 years of diplomatic ties behind them, India and Romania are poised to elevate their economic cooperation to new heights.

UBCCR, under the leadership of Ms. Shieva Munjal and Mr. Albu Alin Marius, is committed to turning these conversations into tangible outcomes.

As the evening concluded with a vibrant networking gala and cultural exchange, the message was clear: the future of Indo-Romanian collaboration is not just promising — it is already in motion.

KC GlobEd Empowers Finance Professionals with Future-Ready Global Certifications

New Delhi: As global finance continues to grow more integrated, dynamic, and regulation-heavy, the expectations from finance professionals have expanded far beyond traditional accounting. The need for globally recognised certifications across accounting, auditing, taxation and other critical finance domains has never been more urgent. Rising to meet this demand, KC GlobEd, a leading global edutech platform, is enabling finance professionals and students to prepare for the world’s most in-demand professional qualifications including US CPA (Certified Public Accountant), US CMA (Certified Management Accountant), and US EA (Enrolled Agent), with UK ACCA (Association of Chartered Certified Accountants) and many more coming soon.

KC GlobEd empowers learners through expertly designed review programs that feature up-to-date study materials, practical case studies, and mentorship from industry experts – equipping them to confidently hover through the accounting & finance arena. With over 15,000 learners across 122 countries and a strong nationwide presence through 70+ franchise centres, the platform has become a trusted destination for career-focused finance learning. Designed for commerce, finance, and business graduates, final-year students, and working professionals, these programs combine expert-led instruction, real-world case studies, and flexible learning formats, making them ideal for anyone looking to grow or pivot into the international accounting finance & taxation landscape.

“Finance today is not siloed. It is global, connected, and forward-looking.”, said CPA & CA Kamal Chhabra, Founder and CEO of KC GlobEd. “Professionals today need adaptability, strategic thinking, and global perspective. These are things that equally matter alongside theoretical knowledge. We are focused on making this preparation accessible, immersive, and outcome-driven – thus equipping both emerging and experienced professionals to thrive in the finance roles of tomorrow.”, he added.

To enhance career outcomes, KC GlobEd places a strong emphasis on employability. Through placement partnerships, and access to job opportunities with top MNCs and consulting firms, the platform ensures that students are not merely exam-ready, but also career-ready. Starting salaries for successful candidates often range from ₹6 to ₹12 LPA, depending on qualifications and experience. Backed by a complete ecosystem – ranging from tailored study plans & mock exams to live classes, doubt-clearing sessions and performance analytics, KC GlobEd is helping redefine how finance professionals in India and abroad prepare for high-demand international credentials.

Haier India Powers a Sustainable & Greener Tomorrow with New Solar Rooftop Project to Mark World Environment Day

India, 05 June 2025 – Haier Appliances India, the No.1 global major appliances brand for 16 consecutive years, has demonstrated its commitment to sustainable manufacturing by commissioning a rooftop solar power project at its Industrial Park in Greater Noida. This initiative marks a significant milestone in Haier’s long-term sustainability roadmap, aimed at reducing its carbon footprint and integrating renewable energy into core operations. Announced in conjunction with World Environment Day, the launch reinforces Haier’s strategic focus on responsible innovation and environmental stewardship, aligning with broader efforts toward a cleaner, greener future.

The newly launched solar rooftop initiative will have a capacity of 4.5 Megawatt-peak (MWp) with 7,174 monocrystalline solar modules spread across 36,000 square meters of rooftop area. The installation is expected to generate 5.8 million kilowatt-hours (kWh) of clean electricity annually, helping the facility reduce its dependence on fossil fuels and traditional grid power. By avoiding approximately 5,500 metric tons of CO₂ emissions per year, the project’s environmental impact is equivalent to planting over 250,000 trees—a vital step toward restoring ecological balance and supporting biodiversity.

Speaking on the occasion, Mr NS Satish, President, Haier Appliances India said, “At Haier, sustainability is not a parallel effort — it is a defining pillar of our core operations and long-term strategic vision. The commissioning of the solar power project at our Greater Noida facility represents a bold step toward transforming how we drive progress by embedding sustainable innovation at the heart of our operations. By generating clean electricity on-site, we are not only improving energy efficiency but also reducing our carbon emissions in a measurable way. This initiative reflects our unwavering commitment to building a future-ready, environmentally responsible manufacturing ecosystem that aligns with India’s renewable energy ambitions and climate goals.”

With this initiative, Haier is not only advancing its sustainability agenda but also actively contributing to India’s renewable energy targets and reinforcing global climate commitments such as the Paris Agreement and the UN Sustainable Development Goals (SDGs). More than just a power solution, it exemplifies the strategic integration of clean energy into large-scale manufacturing—setting a benchmark for green industrial practices.

Allcargo Terminals MD Suresh Kumar R. Reiterates Carbon Neutrality Vision and Global Green Initiatives on World Environment Day 2025

By-Suresh Kumar R., Managing Director, Allcargo Terminals Limited and ESG Head – Allcargo Group

”World Environment Day serves as one more reminder of the interdependence between humankind and the environment. While raising awareness and offering a platform for collaboration to address environmental concerns, it also reiterates the importance of making conscious choices while keeping environmental sustainability at the core.

At Allcargo Group, we remain committed to our mission to chart sustainable pathways and our vision to achieve Carbon Neutrality by 2040. As a part of that goal, we are working on multiple fronts across the Group – adoption of renewable energy and alternative fuels and greener logistics practices. For instance, Allcargo Terminals’ (ATL) Chennai facility already runs on 70% renewable energy through solar rooftops and open access. Five of our seven ATL sites are solar energy-equipped, with capacity expansion under way. ATL has increased its fleet of electric forklifts from 10% to 25%, and ASCPL (Allcargo Supply Chain Private Limited) has transitioned to 100% electric material handling equipment across all warehouse facilities. Additionally, ASCPL has deployed sensor-based genset IoT systems to track and improve fuel efficiency.

As a part of our community upliftment and environmental stewardship initiative, we recently completed a rainwater harvesting, storage and ground water recharge project at Sawangi Tehsil in Nagpur to address the issue of water scarcity in that area, revitalise agricultural activities and rural economy. The project has positively impacted the livelihood of over four thousand people. This initiative is the latest in a series of long-term community development programs we are committed to.

This year’s theme ‘Putting an End to Plastic Pollution’ resonates with us as we are working towards reducing environmental impact by adopting sustainable alternatives. In June 2023, we declared our Mumbai headquarter Allcargo House completely plastic free. Single-use plastic items are now barred at Allcargo House and reusable cloth bags are made available on premises. We also undertake beach clean-up drives as part of our efforts to raise awareness on the adverse impact of plastic pollution on marine ecosystems.

Our efforts extend globally as well. The Allcargo Group’s global subsidiary ECU Worldwide has introduced Greenwayz, a sustainable shipping solution powered by biofuel in the Nordic region. We have plans to expand this initiative in a phased manner across key trade lanes. The ECU Worldwide office in Antwerp has been regularly participating in the Annual Port Clean-Up to remove plastics, discarded fishing nets and other debris that could endanger the marine environment.

Environment sustainability is a collective effort in which every supply chain stakeholder has a role to play. Going forward, we will sharpen our focus on integrating circular economy principles into our operations.”

BENZ Packaging Reaffirms Sustainability Commitment on World Environment Day

New Delhi, India – June 5, 2025 – On the occasion of World Environment Day, BENZ Packaging, a leader in eco-conscious industrial packaging, reaffirms its commitment to building a greener future through scalable, sustainable solutions.

“Our planet can no longer afford short-term thinking,” said Chaitanya Chopra, Director at BENZ Packaging. “This World Environment Day, we’re not just celebrating milestones—we’re challenging ourselves and our industry to do better. From responsible sourcing to AI-powered efficiency, sustainability is no longer an add-on. It’s our foundation.”

At a time when industrial waste remains a major contributor to environmental degradation, BENZ Packaging has proactively adopted biodegradable materials, moisture-control technology, and low-impact logistics to help clients reduce their environmental footprint across sectors like automotive, renewables, and engineering.

Over the past year alone, the company has:

• Replaced over 120 tonnes of plastic with recyclable alternatives

• Developed India’s first industrial VCI paper that’s 100% plastic-free

• Launched closed-loop packaging pilots in partnership with key OEMs

BENZ Packaging’s newly automated facilities are designed to optimize energy usage and minimize material waste, even as they scale to meet rising demand. BENZ Packaging continues to lead the transition toward responsible manufacturing, setting new benchmarks with its fully recyclable packaging, zero-waste production strategies, and carbon-conscious supply chain. As India and the world grapple with environmental crises, BENZ Packaging is expanding its R&D focus on compostable and water-based packaging and engaging with industry forums to push for policy change and sustainability-first supply chains.