23, Nov 2023
Elevate Your Entertainment Experience with Portronics PICO 12 Smart Portable Projector with Up to 4K Support

New Delhi, November 23, 2023: This winter season, give yourself or your loved ones this smart projector to enjoy your favourite movies, games, and shows in a theatre-like experience at home. Portronics, the industry leader in digital and portable consumer electronics in India, has announced the launch of the Pico 12 smart portable projector with up to 4K projection. This cordless and rechargeable projector is as small as a cola can pack with cutting-edge features that will fundamentally alter how you look for entertainment indoors and outside.

Change the way you watch television at home by transforming any space into an instant movie theatre with Pico 12. A compact device that is small enough to fit in your hand and portable enough to be taken with you anywhere you need to enjoy movies or television at the touch of a button. To fully immerse yourself in the entertainment of the future, all you need is a flat white surface up to 120 inches diagonally, and enjoy a far larger display than your typical “big” TV.

Portronics PICO 12 Smart Portable Projector with Up to 4K Support

Among its many features is the Android-11-based Aptoide operating system, which comes pre-installed with 4K action-ready apps such as Netflix, Prime Video, Disney+ Hotstar, and more. As an alternative, you can use the USB port to play your favourite movies and home videos or to stream or wirelessly mirror content from your phone, tablet, or laptop using Wi-Fi and HDMI as needed.

It can provide instant entertainment practically anyplace a display is required thanks to its integrated rechargeable battery and 5W speakers that produce crisp and clear audio. As an alternative audio option, you can also connect the projector to an external audio source via the AUX port or wirelessly via Bluetooth whether at home, at work, in the classroom, on vacation, or even outside.

Portronics - Pico 12

The Pico 12’s auto vertical keystone correction technology also lets you position it on nearly any surface, at any distance, and at any angle without compromising the size, aspect ratio, or quality of the image. Just use the focus wheel on the projector and adjust it according to your preference for a sharp and clear image. Moreover, the projector is powered by a powerful 3200 lumens LED lamp with a life of up to 30,000 hours for a guaranteed long-lasting performance.

Pricing and Availability

The all-new Portronics Pico 12 Smart Projector is available in the market at an introductory price backed with a 12-month warranty. Users can buy this product from the company’s official website Portronics.com, Amazon.in, Flipkart.com, and other online and offline stores.

23, Nov 2023
Beauty Brand Conscious Chemist raises Bridge Round from Inflection Point Ventures

23rd November 2023, Gurugram: Beauty brand Conscious Chemist has raised an undisclosed amount from Inflection Point Ventures. Funds will primarily be directed towards expanding product categories, strengthening brand presence through marketing, and establishing offline retail locations/stores.

Founded in 2019 by Robin Gupta and Prakher Mathur, Conscious Chemist is a science-backed beauty brand with a mission to debunk chemical fears through evidence-based solutions. The company has a portfolio of 29 products that are performance-oriented and made Safe® certified. The brand prioritizes transparency regarding ingredients and focuses on clinically proven activities to deliver real results in skincare. Co-Founder Prakher Mathur, COO, of Conscious Chemist has expertise in content marketing & sales from his previous experience at PropTiger & Schindler. Together, they are driving the brand’s mission with their complementary skills.

L-R_Robin Gupta_CEO & Co-Founder, Prakher Mathur_COO & Co-Founder_Conscious Chemist

Ivy Chin, Partner, Inflection Point Ventures, says, “In the last 3 – 5 years, there has been a clear change in the consumer behaviour wrt to beauty and skincare. The emergence of influencers and celebrities sharing their beauty regimen has only propelled the narrative around clean and sustainable beauty products and rightfully so. Legacy and new-age brands entering this segment will only help grow this market faster and we believe that Conscious Chemist has carved out the right niche with its purpose-driven philosophy of building the brand. At IPV, it has always been important to back businesses that are not only building profitable growth trajectory but also conscious about the planet.”

Conscious Chemist operates at a significant scale, selling over 25,000 units each month across India. Their products are not only available to a wide customer base nationwide but also through prominent retail chains such as Health & Glow and Shoppers Stop.

Their key strengths and USPs encompass a range of factors. They offer innovative, problem-specific skincare solutions for issues like sun damage, acne, aging, and hyperpigmentation. Their products are designed with clinical actives, making them suitable for skincare beginners. The brand’s portfolio is strongly focused on delivering results, and they prioritize raising awareness about the benefits of science-backed products and educating consumers about ingredients. In a market increasingly valuing honesty and transparency, Conscious Chemist stands out by providing informed choices to consumers who seek effective, trustworthy products.

Robin Gupta, CEO & Co-Founder, of Conscious Chemist, says,” Needs & choices of Indian consumers have evolved significantly over the last 5 years. Now consumers are looking for more specific and evidence-led solutions tailored to their concerns. We have remained consistent on our product & brand philosophy of delivering science & evidence-based backed skincare for all genders. We have grown close to 110% yoy. This partnership with IPV will allow us to execute our business plan and grow more than 50% qoq at healthy EBITDA levels. The capital acquired will help us to amplify our brand voice. We will double down on our digital footprint with deeper penetration into online marketplaces while optimising our offline channels”.

India’s Beauty and Personal Care Market is estimated to be USD 25.96 Bn in 2023 and is expected to reach USD 35.21 Bn by 2028, growing at a CAGR of 6.286%.

Conscious Chemist has achieved notable milestones, with a customer base of 350,000 demonstrating strong customer retention and product loyalty. They have also built an impressive presence on Instagram, amassing a following of 61,000 followers, further solidifying their brand’s reach and influence.

23, Nov 2023
Post Market commentary -Sheersham Gupta, Director and Senior Technical Analyst at Rupeezy

It was a volatile day for the market today, and Nifty again saw sharp selling from the resistance level of 19825. The market recovered after regaining all the losses aided by the IT and auto sectors rally. The European markets opened higher, indicating that it digested yesterday’s Fed Minutes of “Wait and Watch Policy” for further rate hikes, and the Indian markets followed suit. India Vix’s decline also indicates that the cloud of uncertainty may soon be over. The selling in the banking and financial sector was more severe. But the Bank nifty index found support at the 200 DMA, saving the index from landing into the bearish territory, although the crucial support of 43500 was broken. The banking index needs to cross this level, or else it may see further selling till the next support, which is at 42850

23, Nov 2023
Ministry of Crab – Returning for a New Indulgent Stint at Shang Palace, Shangri-La Eros New Delhi

(November 2023, New Delhi) The scrumptious Ministry of Crab is back at the award-winning Chinese restaurant, Shang Palace, from 23 to 26 November 2023, with famed Chef Dharshan Munidasa.

Chef Dharshan Munidasa

Ministry of Crab is located in Khar, Mumbai, a beautiful heritage site. The restaurant brings guests the best crustacean experience in the country, celebrating India’s finest seafood and legendary lagoon mud crabs. The master franchisor for Ministry of Crab in India is Gourmet Investments Private Limited (GIPL), a part of the Bharti Family office, and is considered a ‘must visit’ for lovers of seafood when in Mumbai.

The four-day pop-up at Shang Palace will feature a four-course set menu that will include Avocado Crab Salad, a stunning combination of steamed and chilled crab meat and wasabi mayonnaise, served in a halved avocado. This is followed by Garlic Chilli Prawns, the amazingly large lake prawns of India cooked in Italian olive oil, Japanese soy sauce, garlic, and chilli flakes, in a style that is unique to Ministry of Crab; served with Kade Bread, inspired by traditional Sri Lankan wood-fired bread.

Coconut Creme Brulee (2) (1)

The main course features Pepper Crab, and Indian Lagoon Mud Crab, with hand-crushed black peppercorns and a black pepper stock. Kani Chauhan, a unique Japanese-style crab fried rice, is served on the side.

Finish your meal on a sweet note with Coconut Crème Brûlée, a tropical island twist on the classic French dessert, created using rich coconut milk and baked to perfection in a fresh coconut.

The set menu is available for dinner from 23 to 25 November 2023, from 8 p.m. onwards for dinner and for lunch on 26 November 2023.

23, Nov 2023
Give Your Skin The Gift of Rejuvenation with Blossom Kochhar Aroma Magic

November ‘23: After the dazzling festivities of Diwali, it’s time to pamper your skin and restore its natural glow. The post-festive season often leaves our skin feeling dull, dehydrated, and in need of some extra TLC. Late nights, excessive makeup, and exposure to pollutants can take a toll on our skin’s health. Blossom Kochhar Aroma Magic’s post-festive skincare regimen is designed to address these concerns and revitalize your skin.

The post-festive skincare regimen includes:

Aroma Magic White Tea and Chamomile Face Wash

 ● Aroma Magic White Tea and Chamomile Face Wash: The face was deep cleans the pores with White Tea and Soya milk extracts and exfoliates microbeads. It helps to prevent aging and protects the skin from free radicals. The Chamomile essential oil soothes and calms, leaving you fresh and relaxed. Qty: 100ml
● Aroma Magic Rose Hip Skin Toner: The toner is made of a special formulation intended to clean and tone the skin without drying it out. Packed with the goodness of natural antioxidants, the powerful blend of Rosehip and Neroli essential oils is a rich source of vitamins A, and C and natural fatty acids that are vital for the skin’s well-being. Extracts of Cornflower and Beetroot relieve skin inflammations and help in cell renewal. The fusion of Aloe vera juice, Witch hazel, and Lavender water helps to tighten pores and deeply cleanse the skin. Qty: 100ml

● Aroma Magic Hyaluronic Acid Face Serum: The Serum is a revolutionary skincare solution enriched with the powerful ingredient, hyaluronic acid. This serum is designed to deliver exceptional results, starting with its ability to boost moisture levels, providing deep hydration to the skin. As a result, fine lines and wrinkles are visibly reduced, revealing smoother and more youthful skin. Additionally, this serum’s formulation helps control acne, promoting a clearer and healthier skin appearance. Qty: 30ml 

 ● Aroma Magic Almond Nourishing Cream: The cream is formulated with anti-aging properties, this cream makes the skin healthy and super soft. It restores vitality and locks moisture in the skin.Qty: 50ml

Aroma Magic Almond Nourishing Cream

  By following Blossom Kochhar Aroma Magic’s post-festive skincare regimen and incorporating these simple tips into your daily routine, you can help your skin regain its natural radiance and vitality, leaving you feeling refreshed and ready to face the world.

23, Nov 2023
Adani Green adopting robotics for maintenance of solar modules, water conservation

New Delhi, Nov 23, (PTI): Adani Green Energy Ltd (AGEL) will install robotic cleaning technology for its 4,830 MW of operational solar capacity that will help save 595 million litres of water annually, the company said.

At present, 2,070 MW, or 30 percent, of its operational 7,043 MW solar and hybrid capacity is covered by robotic cleaning technology, which conserves 283 million litres of water annually, AGEL said in a statement. Deploying robotics technology for the entire 7,043 MW operational capacity will help save around 880 million litres water annually, it said.

Adani Green adopting robotics

AGEL is deploying water-free robotic cleaning system to minimize water consumption for the maintenance of solar modules. AGEL plans to implement this across its operational solar, hybrid sites (solar capacity of hybrid) and its future projects, especially in arid and dry regions like Rajasthan, and Kutch in Gujarat, where renewable water sources are scarce.

The company said, “4,830 MW of AGEL’s solar portfolio will be covered by robotic cleaning cumulatively in the near term, which will save 595 million litres of water annually. This will reduce water usage for solar module maintenance to zero.”

“In line with India’s decarbonization goals, we remain committed to deliver in excess of 45 GW by 2030. Adani Green continues to have the largest operating renewable portfolio in India with 8.4 GW capacity,” Adani Green Energy CEO Amit Singh was quoted as saying in the statement.

“We are ramping up our execution capabilities as we prepare for our next phase of growth,” Singh said.

23, Nov 2023
Zuno General Insurance Introduces Industry First Electric Vehicle Add-On Cover

New Delhi, 23 November 2023: Zuno General Insurance, a new-age digital insurer, today announced the launch of an innovative Electric Vehicle (EV) Add-On Cover, a first-of-its-kind in the insurance industry. This revolutionary offering is specially designed to provide comprehensive protection for electric vehicles and cater to their unique needs.

 The future of mobility is electric, and Zuno is committed to providing innovative insurance solutions that empower EV owners with peace of mind and comprehensive protection. Recognizing the distinctive characteristics of electric vehicles, Zuno has developed a range of industry-first EV add-on covers that will help reimagine the landscape of motor insurance.

 Zuno General Insurance’s EV add-on covers are thoughtfully designed to complement its standard private car policies and cater specifically to the unique needs of electric and hybrid vehicles. With various first-of-its-kind policy features, the EV Add-On Cover includes three essential components to ensure EV owners have robust and tailored insurance coverage:

 Private Charging Station Cover (Industry first)

 .Extending coverage to include charging cables, connectors, adapters, and all standard charging accessories for protection against accidental damage and theft.
. Comprehensive coverage for privately owned charging stations solely used for charging insured vehicles, safeguarding them against fire, theft, and accidental damage – another industry-first.

 Personal Accident Cover – a pioneering addition to enhance EV owners’ safety (Industry first)

 . Customer will have the choice to add personal accident coverage for cases of injury or death resulting from a fire, blast, or short circuit at their private charging station while charging the insured vehicle.

 Battery Coverage

 . Provide coverage for loss or damage to your insured vehicle caused by fire, self-ignition, or short circuit while it’s either charging its battery or parked at a charging station (First in Market)
.Battery Protection in case of consequential loss to battery or parts of battery due to water ingression due to insured peril/Short circuit.

 Commenting on the launch, Shanai Ghosh, MD & CEO, of Zuno General Insurance, said, “The introduction of the EV Add-On cover is in line with our strategic objective to build an EV-based motor insurance portfolio. Our Electric Vehicle Add-On Insurance Cover marks a significant step in this direction, introducing industry-first features designed to cater to the unique requirements of electric vehicle owners.”

With customers increasingly interested in purchasing electric vehicles, this shift in mindset will bring about a dramatic change in the industry. Our goal is to support this transition by offering innovative, industry-first add-ons. These offerings will not only encourage more people to confidently embrace electric vehicles but will also contribute to widespread EV adoption, redefine insurance practices,
and simplify our customers’ experiences,” added Shanai.

By introducing the EV Add-On Cover, Zuno remains at the forefront of the digital insurance space, ensuring that customers have access to innovative and comprehensive solutions for the vehicles of tomorrow.

23, Nov 2023
MSME & Start-Up Stakeholder Consultation Meet

Hyderabad, November 23, 2023: SIDBI, organised an Outreach programme “MSME & Start-Up Stakeholder Consultation Meet” on November 21, 2023, at Gurugram, Haryana. The program witnessed the participation of more than 350+ Startups / MSMEs / Lead industry Association / Rating agencies and other enablers serving the MSME ecosystem. The objective was to obtain inputs on enhancing the outreach and effectiveness of service as also pick the aspirations of the sector and their preparedness towards New Bharat.

An exhibition was also organized wherein startups, MSMEs, e-mobility OEMs, and aggregators including SIDBI’s digital offering were displayed and explained to the visitors. The participants appreciated their exposure to EV as a preferred option as also could widen their outlook towards innovative offerings from MSMEs. SIDBI gave a live demonstration on the “Express Loan” product wherein SIDBI has brought down the TAT from months to minutes.

Shri Vivek Joshi (IAS), Secretary, DFS, Ministry of Finance was the Chief Guest and Shri Subhas Chandra Lal Das (IAS), Secretary, Ministry of Micro, Small & Medium Enterprises was Guest of Honour.

SIDBI - MSME & Start-Up Stakeholder Consultation Meet-Nov 22, 2023.Pic 1 (1)

The event commenced with a Manthan session wherein Lead Industry Associations shared their perspectives to ease access to credit and non-financial services by MSMEs. Associations recounted the exemplary service of SIDBI especially the turnaround in the last few years in terms of responsiveness, embracing digitization (leading to reduced TAT), and minimizing procedures and processes thus enabling entry of the last mile into SIDBI folds. Shri Rajive Chawla, Shri Rakesh Chhabra, and Shri J P Malhotra represented the MSME voice.

Shri Nishant Kumar Yadav, Dy. Commissioner, Gurugram addressed the gathering and assured the continuity of the support from State authorities. Shri Yadav mentioned that the enterprising people of Gurugram have established their mettle in different sectors and the momentum should continue.

Shri Sivasubramanian Ramann, CMD, SIDBI said that the presence of the Secretary, DFS, and Secretary, MoMSME reflects the government’s commitment to strengthen MSMEs, the second largest contributor to the country’s economy and employment. Shri Ramann mentioned that our thrust has been on “Digitization” and “Greening the Enterprise Ecosystem”. SIDBI has been assessing the demand-supply side gap and have provisioned for financial and non-financial services to address these.

Shri Ramann mentioned that SIDBI values the feedback and inputs of Industry Associations which helps to become more responsive. Shri Ramann mentioned that SIDBI has been working on digitizing the registration of MSMEs, access to finance by them as also leveraging GST data for democratizing credit access. Shri Ramann mentioned that in line with the expectation of GoI that SIDBI should evolve as the largest direct lender to MSMEs, SIDBI has strategized, the ABC approach. It includes App-based, Branch-based, and Co-partners-based lending.

Shri S.C.L Das, Secretary, Ministry of MSME stated that the ministry is committed to create a strong and enabling ecosystem for MSME to grow and flourish. Shri Das emphasized on innovative offerings of ministry woven around growth with sustainability. Shri Das highlighted the increased coordination among different ministries for effective implementation of Central schemes such as PM Vishwakarma.

SIDBI - MSME & Start-Up Stakeholder Consultation Meet-Nov 22, 2023.Pic 2.JPG

Shri Das also mentioned that the Ministry is geared up to introduce new schemes to catalyze green investment and contribute to the National Determined Contributions (NDCs) of India. Shri Das appreciated the increasing contribution of SIDBI and suggested called upon that Environmental, Social, and Governance (ESG) aspects need to be embedded and mainstreamed in entire enterprise lending.

Shri Vivek Joshi, Secretary, Ministry of Finance, advocated the significance of the MSME sector in the Indian Economy and reaffirmed the government’s commitment towards the Development and growth of the MSME sector. Shri Joshi also acknowledged the instrumental role played by SIDBI in strengthening the credit flow to MSMEs, particularly through digitization, credit guarantee, and channelizing ECLGS (as a COVID relief). Shri Joshi also highlighted the thrust of the Government of India on reaching the last mile through banking and digital tools.

Shri Joshi also recounted how banks have been proactively engaged for reaching Street Vendors under PMSVANidhi and also PMVishwakarma to provide end-to-end holistic support to Artisans. Shri Joshi appreciated the exhibition which reflects increasing orientation and demand towards the net zero journey of the country. Shri Joshi called upon entrepreneurs to avail of services such as Express Loan by SIDBI, look at e-mobility as preferred mode of transport, etc. While appreciating SIDBI’s role, Shri Joshi laid expectations for tripling SIDBI’s footprints. MoMSME and DFS would continue to extend whole-hearted support to boost the MSME ecosystem particularly those at the bottom of the pyramid.

The dignitaries raised the happiness quotient of participants by flagging off EVs supported by SIDBI for delivering services in NCR under its 50KEV4ECO program. Shri Vivek Joshi and Shri SCL Das handed over sanctioned letter to 08 Startups/MSMEs extending support under SIDBI’s digital journey, 4E Scheme, Speed, and Venture Debt. Under the 50KEV4ECO program, a sanction letter was handed over to Electric Mobility as a service provider as also disbursement cheque was handed over to “cKers Finance” to support the acquisition of commercial EVs at a competitive rate to create the market.

Cumulative sanction of Rs. 57 Crore was handed over to the Startups / MSMEs / NBFCs on the occasion.

23, Nov 2023
Actress Shweta Tripathi Sharma gets Ear Piercing by celebrity tattoo artist Vikas Malani

Mumbai, November 2023: The talented Bollywood actress Shweta Tripathi Sharma recently made a style statement by having her ear pierced by the renowned tattoo artist and piercing expert, Vikas Malani, whose name is vouched for by numerous celebrities and popular personalities.

Shweta Tripathi Sharma, celebrated for her exceptional acting prowess and distinctive style, has enthralled audiences with her remarkable performances in acclaimed movies and web series, including “Masaan,” “Mirzapur,” and “Cargo.” She chose to adorn herself with a stunning ear piercing during her visit to Vikas’s studio, BodyCanvas Tattoos & Piercings in Bandra. Piercings provide a means of expressing individuality and style, reflecting one’s personality and preferences through type, placement, and quantity. Shweta used body piercing as her unique form of self-expression.

Shweta Tripathi Sharma with Vikas Malani at BodyCanvas Tattoo Studio, Bandra

Vikas Malani, the Founder of BodyCanvas Studio in Mumbai, expressed, “We feel incredibly honored to have the immensely talented actress Shweta Tripathi Sharma choose our studio for her body art needs. Her kindness and patience during the process were remarkable.”

Shweta Tripathi Sharma was equally excited about her experience at BodyCanvas, stating, “I particularly appreciated how they thoroughly explained the entire process, including the crucial pre and post-care steps, because it is not just about the piercing alone. I followed every post-care instruction, including things like icing and food choices, and it really helped in my healing process. Thanks to Vikas and his team; my best friend, my mother-in-law, and I now share matching piercings.”

22, Nov 2023
56% Enterprises Globally are Undergoing “Skills-First Transformation” (SFT) and they are Clocking 2x Revenue Growth Compared to their Peer Group: Latest EY and iMocha Report

.9 out of 10 global employees face difficulties in showcasing their skills due to the lack of SFT adoption or accurate skills intelligence tools
. Companies adopting SFT saw 61% of HR leaders reporting better outcomes for talent retention and 58% reporting a boost in employee performance

 22 Nov 2023, Pune, India: Driving a transformational shift, 56% of companies worldwide are embracing a ‘Skills-First Transformation’ (SFT) as per the latest report by iMocha and EY India. iMocha, the leading AI-powered Skills Intelligence Cloud platform, along with EY, the leading professional services organization launched their second report on Skills transformation today, titled, “The Skills-First Transformation: A new approach to unlocking talent potential”. This report is based on primary research via interviews and surveys with 560 HR leaders and employees across BFSI, IT, Tech, Telecom, and other industries across the US, EMEA, India, SEA, and ANZ regions.

 As the “Skills-First” approach is being widely advocated by industry leaders and analysts, the research was focused on finding the prevalence of ‘Skills-First Transformation’ (SFT) among global companies and industry sectors. The study further covered SFT’s position among the various priorities of HR leaders, business benefits, views from employees on benefits for them and challenges to be overcome along the way.

 The findings reveal that 56% of companies worldwide are embracing SFT, with US-based enterprises leading this trend at 74%. The report indicates that over half of global enterprises, particularly in telecom (66%), technology (66%), and IT (58%), have adopted the Skills-First approach. The US leads this transformative shift, emphasizing the development of diverse HR capabilities beyond traditional roles. Skills intelligence plays a crucial role in these transformations, with ‘Building Future Skills’ now a priority amidst tech and business disruptions.

 Enterprises adopting SFT report significant HR improvements, especially in employee retention and performance optimization. Additionally, SFT adopters exhibited 2x higher revenue growth in the past two to three years compared to non-adopters. Notably, 4 out of 5 employees prefer companies with a skills-first approach, directly influencing enterprise success. However, only 44% feel sufficiently supported in upskilling, despite 69% recognizing changes in required skill sets.

Amit Mishra, Co Founder & CEO_iMocha

 Amit Mishra, CEO and Founder of iMocha stated, “The operational landscape, especially in tech-driven sectors, has become extremely dynamic, and only a Skills-First Transformation is expected to keep enterprises steadily moving on the path to sustainable growth. Employees want to upskill and reskill to stay relevant; they are eager to showcase their skills and be recognized for them.”

 Challenges persist as 9 out of 10 global employees face difficulties in showcasing their skills due to the lack of SFT adoption or accurate skills intelligence tools like mocha. To overcome these hurdles, enterprises must reassess and embrace SFT to stay competitive. SFT companies prioritize skills development and talent retention, resulting in 61 %HR leaders reporting better
outcomes for talent retention and 58% reporting a boost in employee performance. In contrast, non-SFT companies lag in focusing on future skills and simplifying internal talent mobility.

 Adding further, Preeti Anand, Partner, Business Consulting at EY India mentioned, “In today’s dynamic workforce, the demand for technology and AI skills, coupled with evolving employee expectations, has given rise to the organizational imperative of ‘Skills-First Transformation’ (SFT). India boasts one of the top tech talent markets in the world, at par with Europe and the US. With a substantial 46% of HR leaders focusing on SFT, the country has a crucial role to play in this transformative journey. Looking ahead, early adopters of SFT should focus on the ‘Skills intelligence first’ approach to better integrate skills data across operational processes, thereby realizing higher retention and employee performance.”

 While the US leads in Skills-First Transformation, there is significant traction in other regions:
APAC (73%), EMEA (58%), and India (46%). Even traditional sectors like BFSI are increasingly adopting SFT. The report notes that 89% of employees believe SFT enhances internal mobility. Additionally, 84% are willing to share learning data with employers, and 83% prefer a skills-based growth trajectory over a role-based one. Regarding rewards and recognition, 80% favor a skills-based system over prevailing practices.

 As businesses worldwide grapple with the ever-evolving operational landscape, the report signals a call to action for organizations to embrace Skills-First Transformation or risk falling behind. With compelling evidence of enhanced employee satisfaction, improved business performance, and remarkable revenue growth, the report serves as a guide for enterprises interested in adopting a “Skills-First” approach and staying relevant in a competitive environment.