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Budget 2025 Expectations from the Industry leaders

Madan Sabnavis, Chief Economist of BoB

“We do believe that the starting point of the budget will be the fiscal deficit and efforts will be made to lower the ratio by 0.5% to probably close to 4.3-4.4% of GDP for FY26. Within this framework, the budget would work to maintain, if not increase capex, in the range of Rs 11 lakh crore that will provide a fillip to investment (the revised estimate for FY25 could be lower than what was projected). Benefits for MSMEs and industry are also expected through the PLI scheme with probably a special dispensation for the former. There could be some minor rationalisation in subsidy outgo through better targeting of beneficiaries. It would, however, be interesting to see if there are any special rebates offered on income tax given that consumption has been affected due to high inflation this year. From the perspective of banks a more favourable tax slab for interest on bank deposits will help to provide a level field with equity markets and also provide incentive to deposit holders.”

 Ajay Singh, Principal, The Scindia School, Gwalior

 As we await the Union Budget for 2025, I believe the education sector is at a pivotal moment. To empower our children to succeed in an increasingly dynamic world, it is essential to prioritize investments in education. I urge the government to allocate a larger share of GDP to education, increase funding for STEM initiatives, enhance digital learning infrastructure and promote skill-based education. By simplifying regulatory processes and encouraging international collaborations, we can create a world-class education system that equips our students to excel on the global stage. Furthermore, fostering a culture of innovation and critical thinking in our schools will be crucial to developing the leaders of tomorrow. I also hope the budget will address the need for equitable access to quality education, ensuring no child is left behind. I look forward to a budget that lays the foundation for a brighter future for our children.

Rajarshi Bhattacharyya, Co-Founder, Chairman and Managing Director, ProcessIT Global

 The Union Budget 2025-26 should further ease policies to promote the growth of the MSME sector, which is considered the foundation of the Indian economy. These organizations should have easy access to credit from financial institutions, and benefit from a reduction in high interest on loans and related requirements to produce personal collateral with the complexities in the process also getting eliminated, making it much simpler. The government should empower MSMEs by enabling skill development and entrepreneurship.
Secondly, in today’s interconnected digital landscape, cybersecurity and data privacy are key and the government should focus on robust digital infrastructure, cybersecurity, and data protection, and strengthen its cybersecurity framework. The government should allocate significant funds to develop strong cybersecurity infrastructure and promote best practices across Government/PSUs, Healthcare, and Financial Organizations, among others. There should also be an increased focus on investments in R&D, cutting-edge technologies, and security measures in addition to skill development in the domain.

Chetan Jain, Founding Executive Director, and Managing Director, Inspira Enterprise

 “Some early thoughts on the Union Budget, to help promote innovation and growth in the cybersecurity space. This year will be crucial to boosting the adoption of secure AI solutions. To achieve this, the government should introduce incentives in the Union Budget to encourage homegrown cybersecurity firms to invest in R&D and implementation of secure AI technologies.
Secondly, cyberbullying is presenting itself as a fast-growing threat to online safety and security, especially with cyber criminals targeting senior citizens and young adults. To address this issue there should be dedicated funds in the Union Budget for creating awareness among citizens in India besides investing in strengthening prevention mechanisms for the well-being of the people.

Warren Harris, CEO & MD, Tata Technologies

“As we approach the Union Budget 2025, the technology and engineering sector is looking forward to measures that can propel India into its next phase of economic and industrial growth. To achieve the ambitious goals outlined in India’s roadmap for a $5 trillion economy, the budget should prioritize innovation-driven policies, investments in emerging technologies, and the development of products in India—for India and the world.

Key growth drivers such as smart manufacturing, AI, digital transformation, and software-defined vehicles (SDVs) require strong government backing through incentives for R&D, skill development, and infrastructure enhancement. We recommend increased allocation toward upskilling initiatives aligned with Industry 4.0, creating a future-ready workforce capable of excelling in advanced technologies like AI, IoT, and cybersecurity. India’s focus on sustainability and green mobility can benefit from policies encouraging the adoption and manufacturing of electric vehicles (EVs) and clean energy solutions. Streamlined GST norms and enhanced PLI schemes for EV components, high-tech manufacturing, and software services would catalyze growth. The budget can also emphasize fostering global competitiveness by introducing fiscal incentives for exports of engineering and technology solutions, strengthening India’s role as an innovation hub. Moreover, programs like Make-in-India and Engineer-in-India can attract significant foreign investment and foster self-reliance.

At Tata Technologies, we believe that a collaborative effort between industry and government is pivotal for achieving self-reliance, sustainable growth, and technological excellence. We are optimistic about the Union Budget 2025 and its potential to empower industries with the tools to lead the global technology landscape.”

Rajiv Sabharwal, MD & CEO of Tata Capital

“As we approach the Union Budget 2025, there is a significant opportunity for the government to boost consumption in the economy by increasing disposable income in the hands of people. Moreover, offering tax rebates on retail savings account and bank deposits will aid in improving the ability of banks to mobilise deposits and thereby boost the entire credit ecosystem. An increase in the tax deduction limit for housing loan interest will stimulate loan uptake and encourage the housing sector. Also, housing loan limits under priority sector lending should be increased considerably from the present levels to reflect the current market realities.

Furthermore, prioritizing the creation of a robust digital ecosystem for MSMEs will be crucial in ensuring seamless credit access, promoting growth, and strengthening the backbone of our economy. Additionally lowering SARFAESI threshold from ₹20 lakh to ₹1 lakh will help NBFCs for faster resolution of stressed accounts and bring them at par with HFCs, Banks and other financial institutions. These forward-looking measures can pave the way for inclusive and sustainable economic growth.”

 Swayambhu Mohanty, Co-Founder of Airace

 “As we approach the Union Budget 2025, Airace is optimistic about the government’s commitment to a technology-driven economy. The geospatial sector, projected to reach ₹25,000 crore by 2025, is vital for innovation and infrastructure development. We look forward to budgetary measures that focus on technology adoption, innovation, and ecosystem building.

Key expectations include:

• Funding for geospatial and satellite technologies to drive R&D in GNSS, AI, and IoT, supporting industries like agriculture, construction, and disaster management.
• Streamlined regulatory frameworks to ease geospatial technology deployment, such as simplifying licensing and high-resolution mapping restrictions.
• Investment in skilling initiatives to build a workforce skilled in cutting-edge technologies, integrating geospatial education into curriculums.
• Focus on digital infrastructure to support technologies like 5G, cloud computing, and real-time data analysis.
  Public-private partnerships to drive projects like Smart Cities and precision agriculture, positioning India as a leader
• in geospatial innovation.

With the right support, the geospatial sector can thrive, creating opportunities for start-ups, MSMEs, and large enterprises alike. At Airace Technologies, we are committed to building affordable, advanced geospatial solutions that contribute to India’s digital transformation and global tech leadership.”

Suhani – Co-founder of Nishani, a jewellery brand

“The gems and jewelry sector in India is at an exciting crossroads, driven by the growing demand for personalized and modular designs that resonate with today’s consumers. To build on this momentum, I hope the upcoming Union Budget introduces measures that support small and emerging brands like Nishani, which are reimagining how jewelry is designed, worn, and experienced.

With the industry projected to grow at a CAGR of 8.34% between 2023 and 2028, initiatives such as reduced import duties on raw materials, tax incentives for domestic manufacturers, and enhanced support for skill development programs could significantly strengthen India’s position as a global leader in jewelry innovation. Furthermore, investments in e-commerce infrastructure and digital transformation will empower brands to scale and connect with a broader audience, both locally and internationally.

At Nishani, we’re passionate about celebrating individuality through customizable jewelry. A budget that fosters creativity and entrepreneurship would go a long way in enabling brands like ours to continue redefining the jewelry experience for modern consumers.”

S Anand, Founder and CEO of PaySprint, a fintech venture

“India stands at a pivotal moment in its fintech revolution, with 2025 promising to be a landmark year for innovation, inclusion, and economic growth. The Union Budget offers a unique opportunity to shape the trajectory of the fintech ecosystem, which has already positioned India as a global leader in digital payments and financial technology.
In 2024 alone, India processed over 12 billion UPI transactions monthly, a testament to the growing trust and adoption of digital financial tools across urban and rural landscapes. At PaySprint, with over 5,000 partners and a robust suite of API-driven solutions, we’ve witnessed firsthand how technology can empower businesses and drive financial inclusion. However, to sustain this momentum, we need supportive policies that bridge existing gaps and fuel the next wave of innovation.

One critical area for focus is enhancing the infrastructure for open banking and API-driven platforms. A recent study by BCG indicates that India’s fintech sector could contribute $200 billion to GDP by 2030, but achieving this requires interoperability, seamless integrations, and policies that encourage collaboration between banks, fintechs, and regulators. The budget could incentivize these efforts by promoting API standardization and allocating funding for ecosystem-wide development.

Financial inclusion must remain at the heart of this vision. While over 80% of Indian adults now have a bank account, thanks to initiatives like Jan Dhan Yojana, only about 23% of rural users actively engage in digital transactions. Bridging this gap requires targeted investments in digital literacy programs, internet infrastructure expansion in underserved regions, and subsidies for SMEs to adopt digital payment systems. Empowering small businesses is especially critical, as they contribute nearly 30% of India’s GDP and are key drivers of employment.

Additionally, the government has an opportunity to support fintech startups and RegTech innovations through tax relief and funding programs. According to NASSCOM, India is home to over 2,300 fintech startups, yet many face challenges in scaling due to high compliance costs and limited access to capital. Incentives for early-stage innovators could unleash a wave of transformative solutions in areas like fraud detection, automated compliance, and data security.

Lastly, cybersecurity and data privacy must remain a top priority. With digital payments surpassing ₹20 lakh crore monthly, trust in secure platforms is non-negotiable. Budget provisions that establish national cybersecurity frameworks and offer grants for fintechs to invest in advanced data protection technologies will ensure that users can transact with confidence.

At PaySprint, we are committed to driving financial inclusion and delivering innovative solutions that simplify banking and payments for all. The 2025 Union Budget has the potential to catalyze the fintech sector’s growth, ensuring that India remains at the forefront of the global digital economy. Together, with the right policies and collective effort, we can build a more inclusive, secure, and prosperous future for millions of Indians.”

Jash Choraria, Vice President – Investments & Credit and Chief of Staff, Crest Ventures Limited

“As we gear up for the Union Budget 2025-26, the real estate sector anticipates crucial reforms that can accelerate growth, enhance affordability, and solidify its role as a key contributor to India’s economic development. The government has already demonstrated its commitment to infrastructure and housing, and I firmly believe that this year’s budget can take decisive steps to address some of the most pressing challenges in our sector.
One of the most impactful measures would be an increase in the tax deduction limit on housing loan interest payments. The current cap of ₹2 lakh has not been revised for several years, despite rising property prices and interest rates. A higher limit—say ₹5 lakh—would not only provide significant relief to homebuyers but also stimulate demand, particularly in the mid- and upper-income housing segments. This step would make homeownership more accessible and could drive momentum in the residential market.

Another key expectation from the budget is the long-awaited granting of infrastructure status to the real estate sector. This move would lower borrowing costs for developers and attract institutional investments, enabling the industry to deliver affordable housing on a larger scale. Coupled with a robust focus on urban infrastructure, this reform could catalyze growth and strengthen the foundation for sustainable city planning.

We also hope for the introduction of a single-window clearance mechanism for real estate projects. Currently, developers face a labyrinth of approvals that often result in delays and higher costs. A streamlined process would not only enhance ease of doing business but also translate to more timely delivery of projects—benefiting both developers and homebuyers.

In addition, the affordable housing segment requires targeted incentives to bridge the demand-supply gap. Reducing GST rates or providing subsidies for affordable housing projects would encourage developers to cater to this critical market while ensuring affordability for buyers. The government’s focus on ‘Housing for All’ can be bolstered through such initiatives, addressing the aspirations of urban and rural populations alike.

Finally, liquidity and access to finance remain vital concerns. Measures such as reducing the cash reserve ratio (CRR) and other monetary policy interventions can inject liquidity into the system, allowing banks to offer more competitive home loan rates. This would directly benefit homebuyers and sustain the growth trajectory of the housing sector.

The real estate sector is integral to India’s economic engine, contributing significantly to GDP and employment. At Crest Ventures, we are committed to creating spaces that inspire and uplift communities while driving sustainable urban development. We look forward to a budget that empowers stakeholders across the value chain—developers, homebuyers, and investors—paving the way for a resilient and prosperous future.”

Vikram Kankaria, Co-Founder & CEO, Fashor

“As we approach the Union Budget 2025, I am optimistic about the government’s continued focus on empowering the retail and fashion industry, a sector that not only contributes significantly to the economy but also reflects the aspirations of millions of Indians. With the Indian apparel market poised to grow at a CAGR of over 10% and expected to reach $100 billion by 2030, it is imperative to provide the right fiscal and policy support to sustain this momentum.

Key areas of focus should include reducing GST rates on fashion and apparel to enhance affordability for consumers, especially in the ethnic and fusion wear segments that cater to a wide demographic. Currently, GST rates at 12% or 18% on apparel over ₹1,000 act as a constraint for many brands, particularly those targeting Tier 2 and Tier 3 markets, where price sensitivity is high. A reduction in GST could accelerate demand and unlock significant growth potential across these regions.

Additionally, the industry would benefit immensely from incentives for D2C brands to establish offline footprints, particularly in underserved markets. As Fashor plans to open 100 exclusive brand outlets (EBOs) in the next few years, we look forward to policies that support infrastructure development and reduce operational costs, such as rent subsidies or interest rate concessions for retail-focused businesses.

On the manufacturing side, the budget could consider enhanced Production Linked Incentives (PLI) for apparel and textile sectors, emphasizing sustainability. Globally, consumers are gravitating toward eco-conscious fashion, and providing support for green manufacturing practices would enable Indian brands to compete on an international scale.

Lastly, digital transformation remains the backbone of modern retail. A push for greater investments in logistics and e-commerce infrastructure, coupled with incentives for technology adoption, can help brands like ours expand our omnichannel presence and improve customer experiences.

At Fashor, we’re committed to empowering the modern Indian woman through affordable, stylish fashion. We hope the budget sets the stage for a more inclusive and competitive retail landscape, enabling Indian brands to thrive both domestically and globally.

Kaushik Das, Founder & CEO of AAO NXT

“As we approach the Union Budget 2025, I am hopeful that the government will continue to recognize the growing influence of the OTT industry in driving India’s digital transformation. The Indian OTT market is expected to surpass $13 billion in value by 2026, with regional content playing a key role in that growth. Platforms like AAO NXT are at the forefront of this shift, offering diverse and culturally rich content that resonates with audiences across India and beyond.

I am optimistic that the government will introduce measures that further support the digital content creation ecosystem, particularly through incentives for regional and independent content creators. This could include tax breaks or grants for regional OTT platforms producing high-quality, original content, which would not only support the creative economy but also drive job creation in media, technology, and distribution.

Another area of focus could be the expansion of digital infrastructure, particularly in rural and semi-urban regions. As internet penetration increases, we are witnessing a rising demand for localized content. Improved connectivity can unlock vast new audiences for regional platforms like AAO NXT, positioning Indian content as a key player in global entertainment.

Additionally, with skill development being a priority across sectors, I believe targeted initiatives to train a new generation of content creators, technicians, and digital media professionals will help India maintain its competitive edge in the OTT landscape. This aligns with the growing trend of upskilling in digital media, which has seen significant investments in the past few years.

At AAO NXT, we are committed to bridging regional culture with cutting-edge technology, and we hope that the budget will provide the necessary support to fuel further innovation and growth in this space, ensuring that Indian OTT platforms continue to thrive and contribute to the nation’s cultural and economic development.”

Jani Vehkalahti – SVP, Smart Grids, Wirepas, a leader in wireless connectivity solutions

“The Indian Union Budget presents a pivotal opportunity to position the nation as a global leader in the energy transition. To achieve this, we at Wirepas strongly urge the government to prioritize significant investment in accelerating large-scale adoption of IoT-enabled solutions in smart metering deployments. This forward-thinking approach promises substantial payback, first to utilities and ultimately to consumers, through lower fees and more sustainable infrastructure.

Smart meter rollouts in Europe, originally introduced for billing purposes, have proven to be a key solution in supporting the growth of renewable energy production. They also enable existing electricity infrastructure to handle the rising demand from air conditioners and electric vehicles. Notably, the implementation of dynamic tariffs for consumers has successfully reduced consumption peaks across Europe, ensuring energy availability at all times.

Mesh networks, unlike cellular-based solutions, offer a remarkable 30-50% reduction in communication costs, making them a cost-effective and ultra-reliable option. Their longevity—outlasting cellular networks prone to 10-year lifespans—ensures a smart metering network that can serve India’s needs for the decades to come.

Additionally, by emphasizing design transfer and skill development, investing in mesh not only strengthens domestic expertise but also creates new revenue streams with export opportunities, cementing India’s position as a hub for advanced, sustainable technologies.”

Pradyumn Sharma, CEO of Pragati Software

 As Union Budget 2025 approaches, I’m optimistic about the government’s continued focus on strengthening India’s digital economy and skill development. With India set to become a $1 trillion digital economy by 2028, this budget presents a vital opportunity to invest in the nation’s future and address the reskilling needs of over 65% of the workforce in areas like AI, machine learning, and blockchain.

The IT sector expects policy measures that enhance India’s position as a global technology leader. As a key contributor to GDP and employment, this budget can fuel innovation, foster talent, and further develop the digital ecosystem.

A priority is increased support for upskilling and reskilling programs. Funding for industry-relevant training, in partnership with initiatives like Skill India and Digital India, will help bridge the talent gap and improve India’s global competitiveness. Tax reforms encouraging R&D investment in emerging technologies would stimulate innovation and position Indian companies as global tech leaders.

Investments in digital infrastructure, particularly in Tier 2 and Tier 3 cities, are also crucial. Improving connectivity and internet access will unlock new talent pools, decentralize growth, and support the growing work-from-anywhere trend.

I also hope for greater incentives for tech startups, particularly those in AI, SaaS, and cybersecurity. Simplifying compliance and offering funding opportunities will accelerate growth in the startup ecosystem. Finally, promoting public-private partnerships in education and skill development will help create a sustainable pipeline of professionals equipped for the future. In summary, I look forward to a budget that fosters digital inclusion, innovation, and skill development, ensuring India remains a global technology leader.

Rohith Reji, Co- founder and CEO at Neokred

“The upcoming Union Budget presents a critical juncture for India’s fast rising fintech and digital payments ecosystem. We anticipate measures that further incentivize digital transactions, potentially through tax breaks or subsidies for digital payment platforms and users. Additionally, a focus on enhancing financial inclusion through digital means, including expanding access to credit and insurance products through digital channels, would be a welcome step. We also expect the government to address the evolving regulatory landscape for fintech especially the DPDP Act, fostering innovation while ensuring consumer protection and financial stability.”

CA Prashant Thacker , Co-Founder and Partner at Thacker & Associates 

 “The Union Budget 2025 presents an opportunity to simplify tax rules to benefit M&A activities and corporate restructuring. Corporate India expects tax reforms to address complexities, reduce anomalies and provide incentives to stimulate economic growth.
Some of the key expectations include reducing the holding period for slump sale of ‘undertaking’ from 36 to 24 months and for unlisted shares in IPO Offer for Sale (OFS) from two years to one year, aligning them with listed securities. Also, buybacks funded by share premiums or proceeds from other share issuances should not be taxed as dividends to avoid artificial taxation.

Clarification is much needed on whether ‘investment’ in operating subsidiaries qualify as an ‘undertaking’ for demergers in tax-neutral manner under NCLT-approved schemes, and consequent amendment to Section 79 of the IT Act to allow the carry forward of losses despite shareholding changes due to NCLT-approved demergers.

Deferral of taxation on contingent consideration in M&A deals should be addressed by taxing it only when received, ensuring better tax certainty benefiting both investors and promoters alike.

On carry forward of tax losses, couple of long due amendments are to allow the benefit of carry forward of tax losses in intra-group restructurings where the ultimate beneficial ownership within the group remains unchanged and also the benefits of carry-forward of tax losses and unabsorbed depreciation should extend to all sectors including real estate, financial services, retail/trading activities to attract a wider array of investors in the mergers & acquisitions landscape.

Lastly, enabling provisions for mergers and demergers of LLPs should be introduced to promote seamless business restructuring and recognizing it as a tax neutral event.

Overall, businesses hope for tax reforms that ease restructuring, provide flexibility, and encourage investment.”

Budget expectations from the Industry leaders

1- Mr. Saurav Ghosh, Co-founder, Jiraaf-

“This budget is critical, with weak urban consumption. Reviving private capex and restoring government spending would be key to supporting the economy. In terms of Government Capex, the continued focus on long-term infrastructure and development projects is expected to carve out an optimistic path for the long run.

We hope the budget would have taxation cuts to enable spending. Tax reduction on debt securities could enable capital markets to help lower finance cost for companies providing a trigger for private capex.”

2- Manish Goel, Founder and MD, Equentis Wealth Advisory Services-

“As we anticipate the Union Budget 2025-26, it’s crucial for policymakers to continue fostering India’s dynamic startup ecosystem and help boost the capital markets.

Encouraging Innovation and Research: The previous year witnessed a remarkable surge in IPOs and QIPs, with Indian companies raising a record ₹1.57 trillion through initial public offerings and ₹1.37 trillion via qualified institutional placements. This surge was complimented by a revival in startup funding, effectively ending a two-year funding winter. Key policy measures, including the abolition of the Angel Tax in the last budget, played a pivotal role in revitalizing investment flows into the startup ecosystem. Notably, the IT/ITeS sector led the way, attracting $10.8 billion of the total $31.1 billion in funding during CY24.

To maintain this trajectory, establishing dedicated funds for innovation in sectors like AI, deep tech, space technology, and green energy is essential. Such initiatives would alleviate funding challenges for startups, spur job creation, and boost consumption, aligning with the government’s vision of a ‘Viksit Bharat.’

Expanding Incubation Infrastructure: With approximately 1,100 active incubators as of October 2024, India has about 0.8 incubators per million people, lagging behind countries like the U.S. and China, which have 8–10 per million. Government support for educational institutions can bridge academic expertise with entrepreneurial endeavours, promoting innovation in deep tech sectors like AI and ML, and positioning India as a global technology and entrepreneurial hub.

Relaxing Capital Gains Tax Norms: The increase in capital gains tax introduced in the last budget has contributed to narrowing the credit-to-deposit (CD) ratio. With the CD ratio under control and a growing case for interest rate cuts, we believe it is time for the government to reconsider capital gain tax thresholds. This strategy will encourage continued financialization of savings, fostering a more stable financial environment.

By addressing these areas, the upcoming budget can play a pivotal role in sustaining the growth trajectory of India’s startup landscape and overall economy.”

3- Sameer Bansal, MD & CEO, PNB MetLife-

“While India is a fast-growing economy fueled by its rising middle-class population of [25-45] year olds, the proportion of people above the age of 60 is equally increasing at a rapid pace. Financial stability is a cornerstone of a secure future. One of our hopes for the upcoming budget is to see support for pension and annuity plans which are key financial instruments for the retirement planning needed to create that stability.

Tax support for pension plans offered by life insurers, on par with the National Pension Scheme, will provide both greater choice and allow diversification of assets into multiple pension plans. At the same time, while we recognize and applaud the ongoing deliberations on removing GST on term life and health policies, we urge the government to also consider removing GST on premiums for annuity plans to support pensioners and make annuities more affordable and accessible.

These actions would give people greater flexibility to create and protect financial stability, which in turn is an important building block for the continuing economic growth of our country.”

Attero Joins Forces with Government of India for Environmentally-Friendly National Games 2025

New Delhi, January 28th, 2025: Attero, India’s largest cleantech company and the world’s largest recycler of lithium-ion batteries, has partnered with the Government of India for the 38th National Games, taking place from January 28 to February 14, 2025, in Uttarakhand. This year, the games are centred on sustainability under the theme ‘Green Games,’ setting a milestone in India’s efforts toward eco-conscious sports initiatives.

Attero will supply recycled metals with over 99.9% purity, ensuring a positive carbon footprint. This initiative is the first of its kind in Indian sports, using conflict-free recycled materials to demonstrate the country’s commitment to sustainability. The games, designed to be plastic-free, will feature participation from more than 10,000 athletes competing in 38 sports across multiple cities in the state. The event is expected to be inaugurated by the Hon’ble Prime Minister, Shri Narendra Modi.

“Contributing to the 38th National Games is an honour for Attero. Our journey began in Roorkee, Uttarakhand, where we operate cutting-edge recycling facilities, and we are proud to support this initiative led by the Hon’ble Prime Minister to advance India’s sustainability goals and achieve the Net Zero vision,” said Mr Nitin Gupta, CEO and Co-Founder of Attero.

Attero is a globally recognised innovator in recycling, known for its advanced technologies that extract pure metals from electronic waste and lithium-ion batteries with a world-class recycling efficiency rate of 98%. The company recently introduced Selsmart, a direct-to-consumer platform for e-waste management, and MetalMandi, an innovative digital B2B AI-powered platform for seamless scrap collection, furthering its mission to promote responsible recycling practices across India.

With 46 global patents and 200 more under review, Attero continues to lead the charge in sustainable technology development. Its goal to expand its e-waste recycling capacity from 175,000 to 300,000 metric tonnes highlights its commitment to a cleaner, greener future for India.

Super Safety Man Comic Book Launched by Nitin Gadkari to Raise Awareness for Road Safety Month

The Suraksha Abhiyan Trust released a captivating comic book titled “Super Safety Man” on January 25th, as part of India’s Road Safety Month. This comic book was inaugurated by the Honorable Shri. Nitin Gadkari- Minister of Road Transport & Highways, Government of India, in the presence of Vice Chairman & Managing Director of Maharashtra State Road Development Corporation – MSRDC – Dr. Anilkumar Gaikwad

“Super Safety Man” features stunning illustrations and compelling mini-stories that underscore the significance of road safety. (13 mini-stories that talk about road safety awareness, safety as well as being a responsible citizen) The comic introduces Super Safety Man, an Indian superhero who not only rescues individuals from impending road accidents but also prevents incidents by spreading vital awareness.

This initiative isn’t just for children; it engages adults as well, sparking important conversations about road safety. The comic book is available in both English and Marathi to ensure wider accessibility and impact.

English Edition Authored by Adv. Virat Vilas Pawar, Secretary of Suraksha Abhiyan Trust, and Marathi Editor authored by Dr. Vilas Pawar, Chairman of the Trust, “Super Safety Man” is poised to make a significant contribution to road safety education across India.

AIonOS and Indosat Ooredoo Hutchison Collaborate to Fuel AI Innovation Across Indonesia

New Delhi, 28th January 2025 – In a landmark collaboration under the visionary Government-to-Government (G2G) initiative between India and Indonesia, AIonOS and Indosat Ooredoo Hutchison (Indosat or IOH) have signed a historic Memorandum of Understanding (MoU) to transform Indonesia’s Artificial Intelligence (AI) ecosystem. The MoU represents the first large-scale AI-focused partnership between the two nations, symbolizing a shared commitment to leverage the power of AI to drive innovation, economic growth, and sociocultural transformation.

AIonOS, a joint venture between InterGlobe and Assago Group, is dedicated to transforming businesses into AI-led enterprises and Indosat is Indonesia’s leading telecommunications provider empowering people of Indonesia.

The collaboration centres around AI³ (AI for Indonesia and India powered by Indosat and AIonOS), a shared vision that is built on Indosat’s deep understanding of local needs and challenges, leveraging AIonOS’s innovative AI technologies. AI³ aims to create transformative solutions, especially in areas like tourism, knowledge economy, and sustainable agriculture, driving innovations that can reshape the country’s digital economy and strengthen its global competitiveness.

Strategic Pillars of AI³ are:

Transforming Indonesia’s Travel Economy: AI³ aims to enhance Indonesia’s travel sector contribution to GDP by promoting diverse local experiences and improving connectivity. This initiative will not only broaden revenue opportunities for local businesses but also aims to sustainably integrate Indonesia’s rich cultural heritage with global travel networks.

Cultivating a knowledge economy: Working with top educational institutions in Indonesia and India, AI³ is set to develop an AI-enabled workforce, ready to propel the knowledge-based economy and secure Indonesia’s status as a future-ready leader in the global arena.

Advancing Sustainable Food Security: The partnership will leverage advanced AI and technology solutions to increase agricultural productivity and resilience, particularly in the face of challenging climate conditions, thereby enhancing food security and empowering local farmers.

C.P. Gurnani, Co-founder and Chief Executive Officer, AIonOS, said, “This collaboration is a watershed moment for India and a vital step towards a ‘AI-for-all’ ecosystem. AI³ represents a vision to unlock Indonesia’s potential through AI. By leveraging Indosat’s local expertise with AIonOS’s AI innovations, this initiative aims to empower Indonesians with AI skills, boost growth in key sectors like tourism and sustainable agriculture, and strengthen Indonesia’s human capital to drive its digital transformation. As an enabler and accelerator of progress, this positions India to build an enterprise-scale AI platform and unlock industry-wide adoption globally.”

Vikram Sinha, President Director and Chief Executive Officer Indosat Ooredoo Hutchison, said, “This partnership highlights the transformative power of AI in addressing real-world economic and societal challenges. AI³ (AI Cube) embodies Indosat’s commitment to fostering innovation and growth with a shared vision to revolutionize Indonesia’s digital landscape. By focusing on key sectors like talent development, food security, and tourism, this initiative aims to support Indonesia’s Golden Vision 2045 through technological advancement. AIonOS’s collaboration with Indosat serves as a beacon of innovation, strengthening Indonesia-India ties and setting the stage for Indonesia to emerge as a regional hub for AI-driven progress. This partnership will co-create solutions that will benefit millions in Indonesia.”

Manav Chhabra and Sanket Mehta Take India’s Fashion to Milan Men’s Fashion Week

We are thrilled to announce that two of India’s leading digital creators, Sanket Mehta and Manav Chhabra, proudly represented Indian fashion at Milan Men’s Fashion Week. Their presence at this globally celebrated event marked a significant moment for India’s creator economy, highlighting the growing influence of Indian talent on international platforms.

Sanket Mehta, making his second appearance at Milan Men’s Fashion Week, attended an impressive lineup of showcases and presentations, including 1989 Studio, La Martina, Paul and Shark, Tod’s, Canali, and Dhruv Kapoor. Known for his ability to blend Indian styling with global trends, Sanket’s Milan experience offered his audience a closer look into the world of high fashion. Through his content, he provided an in-depth analysis of collections, shared his likes and dislikes, dissected key looks, and predicted upcoming trends, making his journey a treasure trove for fashion enthusiasts.

Manav Chhabra, on the other hand, made his highly anticipated debut at this prestigious event, attending showcases by Paul and Shark, Canali, and Tod’s. With his charismatic storytelling, Manav captured the lifestyle and behind-the-scenes hustle of Milan Fashion Week, bringing his audience a fresh perspective on styling and the vibrant energy of one of the world’s most iconic fashion events. His unique approach highlighted the creative chaos and glamour of the runway while infusing it with his personal style.

Both creators had the exclusive opportunity to meet and interact with some of the industry’s biggest names, including Mr. Stefano Canali, CEO and President of Canali, and Mr. Dini, Founder of Paul and Shark. These interactions not only reflected their growing recognition on the global stage but also reinforced the evolving role of Indian creators in international fashion conversations.

Their journey was supported by their management agency, NOFILTR, which continues to empower Indian talent to explore opportunities beyond borders. The presence of Sanket Mehta and Manav Chhabra at Milan Men’s Fashion Week stands as a proud milestone for India, celebrating the seamless blend of Indian sensibilities with global fashion narratives.

Over 40,000 kg of Plastic Waste Recycled by Akshayakalpa Organic Through Innovative ‘Give Back the Milk Pack’ Initiative

Bengaluru, 28th January, 2025: This Republic Day, Akshayakalpa Organic, India’s first certified organic dairy company and producer of the country’s most popular organic milk has announced about the success of its sustainability initiative, ‘Give Back the Milk Pack’. Reflecting the spirit of responsibility and nation-building that Republic Day embodies, this innovative initiative encourages consumers to bring back their used milk packets for responsible recycling, sparking a significant revolution in the battle against plastic pollution. After its resounding success in Bengaluru, the program has expanded to other major Indian cities like Hyderabad and Chennai, further underscoring the brand’s unwavering commitment to environmental sustainability.

Since the inception of this initiative in 2022, Akshayakalpa Organic has recycled more than 40000 kg of plastic in total across Bengaluru, Chennai and Hyderabad highlighting that when people come together for a common cause, small actions can create a big impact. This recycling program introduced by the brand urges consumers to follow three easy steps — rinse the pack for 30 seconds, hang it to dry, and once it dries then return it by placing it in a delivery bag. The consumers thus also play a pivotal role in creating a sustainable future for their generations to come through this simple process.

Speaking on the completion of this milestone, Mr. Shashi Kumar, CEO and Co-Founder of Akshayakalpa Organic stated, “We are excited to share that through our ‘Give Back the Milk Pack’ program, we have recycled over 40,000 kg of plastic waste in Bengaluru, Chennai, and Hyderabad. This accomplishment shows the powerful change communities can create when they unite for a shared goal. It reminds us of our dedication to sustainability and how small efforts can lead to big environmental gains. We thank our consumers who have joined us in making this initiative a success and making this planet a better place to live. This is merely the start, and we look forward to continuing our journey toward bigger achievements towards sustainability.”

In addition to the ‘Give Back the Milk Pack’ initiative, Akshayakalpa Organic is deeply committed to fostering a culture of sustainability through various community engagement programs and educational initiatives. These include lake cleaning drives and neighborhood cleanliness drives across major cities like Bangalore, Chennai, and Hyderabad, which empower consumers to make eco-friendly choices. By inviting communities to actively participate in these efforts, Akshayakalpa emphasizes that every small action contributes to a larger positive impact on the environment, driving meaningful change for a sustainable future. The brand is also pioneering eco-conscious packaging solutions, such as paperboard packaging for its dairy products and sustainable leaf-based packaging for vegetables. These measures significantly reduce plastic use and reflect Akshayakalpa’s broader mission of promoting self-sustainability and environmental stewardship. Through these initiatives, Akshayakalpa addresses the urgent issue of plastic pollution while inspiring collective action for a cleaner, greener tomorrow.

IIITH and Swecha.org Kickstart AI Hackday, Harnessing 2,000 Student Innovations for the Greater Good

Hyderabad, January 28, 2028…..: AI Hackday, a mega AI hackathon, was conducted this weekend as the first round towards kickstarting a series to build people-centric AI development. With participation from 20+ colleges, 60+ faculty members, 100+ industry mentors nurtured 600+ teams with 2000+ students working on projects. This is organised by viswam.ai, a center setup at IIIT Hyderabad by IIITH and swecha.org.

The AI Hackathon is a 3-stage series fostering innovation and creativity, culminating AI Days 2025′ Spark Camp, where 100 production-ready AI applications are developed to address India’s unique challenges. Inaugurating the hackathon, Bhavesh Mishra, IAS, highlighted the need to leverage the AI revolution early, citing the success of non-Western models like DeepSeek LLM, and emphasised on how India can also build its own context-driven AI models.

The hackathon emphasizes using AI to solve real-world problems, bridging societal gaps, and fostering a more inclusive, tech-driven future. AI based audio tools, story generation and image AI were among the many prototypes built.

Other speakers and super mentors included Prof Ramesh Loganathan (IIIT Hyderabad), Chaitanya Chokkareddy (Co-founder and CTO of Ozonetel), Kiran Chandra (Head of Viswam.AI), and Pradeep Kumar Jilagam from Micron Technology.

AI HackDay is part of a broader initiative including the one Lakh internship program to encourage students to engage with communities, compile culture-specific data sets, to train Indic language models in various dialects, emphasizing localized AI solutions that reflect cultural and linguistic nuances. This initiative in the process is working towards building deep AI skills, at scale.

TEJAS2K25 Celebrates Student Innovation with 200+ Projects, Welcoming 1,600 Students from 30+ Govt Schools

Hyderabad, January 28, 2025……..TEJAS 2K25, the second edition of an Engineering Expo featuring 223 students’ inventions, innovative concepts, ideas, and social impact projects/products by Anurag University Engineering Students, was held on Monday at Anurag University in the city outskirts.

TEJAS 2K25 is a unique project that will be organised for the second time to kindle an innovation culture among engineering students at the University

It was inaugurated by Dr S. Glory Swarupa, Director General Ni MSME, Govt of India; Dr Shanta Toutam, Former Chief Innovation Officer of Govt of Telangana, Mr. Arjun Kumar Rumalla, Director and Manufacturing, Country Head of TechnipFMC in the presence of Ms Neelima, CEO, Dr Archana Mantri, Vice Chancellor, Dr Vijay Kumar, Dean of School of Engineering, Prof UB Desai, Chancellor of Anurag University; Balaji Utla, Vice Chairman, Neelima Institute and Neelima Hospitals.

Tejas 2K25 received overwhelming applications of 600 of which 223 inventions, innovations, and novel concepts were shortlisted and exhibited in the one-day Engineering Inventions Expo at Anurag University located in the city outskirts.

Giving opening remarks, Dr Vijay Kumar said the first edition held last year saw 160 inventions, of which 30 were applied for patents, and nine are likely to be awarded patents. A couple of Venture Capitalists have shown interest in scaling up of a couple of ideas into a startup.

About 1600 students from the 30-plus Government Schools such as Narapally Govt School 80 Korremula Govt School; Green Fields School; Sri Chaitanya; Shantiniketan; Ghatkesar Govt School Girls; Edulabad Govt School; Delhi Public School; Annojiguda Govt School and others visited the expo and inspected the innovations.

Highlights of some of the products on display include “Live Safe”, an automated power cut-off system for electrical hazards prevention during large public gatherings. Giving more details, Greshmi Ratna one of the team members of the four-member team that worked on the project said, that whenever a human being comes in contact with a live wire in social gatherings like Maha Kumbh mela, crowded places like Pushpa film like a stampede, the system they developed detects it automatically and disconnects the power supply and prevents electrical fires

Parking is the next big problem that most urban dwellers will encounter. The problem will be so much so that it is said whenever 3rd world war breaks it will be over water. Similarly, the biggest fight that takes place on city roads and in apartments in Hyderabad today is over Parking. A movie titled ‘Parking’, a family drama aired over the OTT platform revolves around the clash between a youngster and an elderly tenant regarding their parking space. Parking is going to be the next big urban problem that needs to be addressed. The smart parking system developed using Arduino Uno (a series of Open Source Microcontroller Boards) by the students will help locate free parking slots, and help people park properly, the students SK Syed Pasha, M. Nitesh Reddy, B. Sanjay Kumar, P. Akhil.

The other interesting innovation was the Solar Powered Smart Bin which automatically separates dry and wet waste. Prevents bad odour from coming out. Indicates when it is full. Get’s closed automatically. Another innovation was Smart Refrigerator which lets you know its contents on your mobile phone so that you know what to refill while shopping on your way back from work, added that students

Speaking on the occasion Dr Glory Swarupa, Director General of Ni-MSME, Govt of India said mere development of Apps and software doesn’t solve problems. India is a land of problems and opportunities. We need field-level problems to be identified and solved. I am happy to note that there is good enthusiasm in the hall.

Further, she added that the Ni-MSME Ministry has a scheme called “The MSME Innovative Scheme” MSME to promote innovation in micro, small, and medium enterprises (MSMEs). The scheme combines incubation, design, and intellectual property rights (IPR) to help MSMEs develop ideas into viable business opportunities. It offers a grant of 15 to 25 lakhs for a good idea or innovation. She urged students to utilise this opportunity.

The startup world is full of terminologies such as Unicorn, Minicorn etc. It is good to become a Unicorn, the valuation of which in Indian Rupees is one followed by nine zeroes. It takes 10 years to become a unicorn. So we must encourage startups to first become Babycorn companies with a valuation of about Rs ten lakhs and then they can go for Minicorn, Soonicorn and Unicorn.

Dr Balaji Utla, the brain behind Tejas 2K25 said we must make engineering MLJP which stands for “Meaning, Learning, Joy, and Pride”. Anurag University is committed to Problem-Based teaching. Prof UB Desai, Chancellor of the University said the culture of innovative thinking must be cultivated from the very first year of Engineering and he urged students to be lifetime learners.

Khallal: An Unforgettable Journey Through Emotion and Silence Wows Delhi Viewers

New Delhi— Checkmate Production took the stage by storm with the debut of its deeply evocative drama Khallal, directed by Nikki Narulaa, at Akshara Theatre, New Delhi. This soul-stirring production explored the delicate intricacies of a 15-year marriage, weaving a compelling narrative of passion, betrayal, separation, and the haunting silence that emerges in relationships once full of love and connection. With its seamless blend of Urdu, Shayari, and Ghazals, Khallal struck an emotional chord with audiences, making it a powerful experience for anyone who has loved, lost, or grappled with the complexities of letting go.

At the core of Khallal is the poignant story of Amir and Amayra, a couple navigating the painful dissolution of their long-standing bond. Through masterful storytelling, the production delves into the fragility of love, the weight of regret, and the silence that replaces intimacy when relationships unravel.

Performed in two shows at 4:00 PM and 6:30 PM, Khallal left an indelible impact on a packed audience of over 200 attendees. Tickets sold out quickly, with many unable to secure seats, highlighting the production’s immense popularity and appeal.

A Stellar Cast Brings Khallal to Life

The success of Khallal lay in its deeply immersive performances by a talented cast, whose chemistry and intensity transported the audience into the lives of its characters:

• Amir, portrayed with remarkable depth by Tahsin Zahid, embodied a man torn between remorse and longing. Zahid’s powerful performance highlighted the vulnerability and complexity of a character grappling with the consequences of his actions.
• Amayra, played by the graceful Nikki Narulaa, served as the emotional anchor of the story. Her portrayal of a resilient woman confronting heartbreak resonated profoundly with audiences, showcasing the strength required to endure silence and loss.
• Ayaan, brought to life by Baskar Krishna, added intrigue and nuance to the narrative. As a subtle yet pivotal force in the unraveling of Amir and Amayra’s relationship, Ayaan enriched the story with complexity and depth.

 The seamless chemistry between the actors heightened the emotional intensity of the production, making Khallal an unforgettable experience. Through their performances, the echoes of a love once vibrant but now lost took center stage, leaving the audience deeply moved.

A Remarkable Debut

As its inaugural production, Khallal established Checkmate Production as a significant new presence in the theater community. The drama was lauded for its impeccable direction, masterful performances, and an atmospheric interplay of sound and visuals that brought the story’s emotional essence to life.