Category Archives: News

Lakshmikumaran and Sridharan advised Krsnaa Diagnostics on stake purchase in Apulki Healthcare

New Delhi, October 10, 2024: Lakshmikumaran and Sridharan advised Krsnaa Diagnostics Limited, a listed entity on its acquisition of 23.35% stake in Apulki Healthcare Private Limited. Apulki specialises in operating cancer and cardiac care hospitals in public-private partnership (PPP) mode.

The firm’s role included conducting legal due diligence on Apulki, drafting and review of transaction documents, and strategic advisory on tax implications.

 The corporate due diligence team consisted of Noorul Hassan, Partner, Shipra Verma, Principal Associate, Aishwarya Narasimhan, Associate and Krishna Chandak, Consultant.

 Additionally, Sameer Avasarala, Principal Associate and Aryashree Kunhambu, Associate assisted with intellectual property and data protection aspects of the due diligence.

 The transaction team was led by Noorul Hassan along with Shipra Verma and Kumar Panda, Principal Associate. Direct tax advisory was provided by Mr. Sudin Sabnis, Partner, Lokesh Gandhi, Associate and Deah Kapoor, Consultant.”

Merino Group Honoured with Prestigious Prithvi Award 2024 for Sustainability Leadership at ESG Conference

New Delhi, 10th October 2024 – In recognition of its unwavering commitment to sustainability and ground-breaking achievements in Environmental, Social, and Governance (ESG) practices, Merino Industries Ltd. has been awarded the prestigious Prithvi Award 2024.

Presented at the ESG Conference in New Delhi, the accolade was received by Shri Madhusudan Lohia, Director of Merino Industries Ltd., and Shri Rakesh Tirath, Advisor Corporate Affairs, Merino Industries Ltd; symbolizing Merino’s leadership in championing eco-friendly and responsible business operations. As one of the industry’s top honours, the Prithvi Award celebrates “Sustainability Icons,” highlighting organizations that are at the forefront of the global shift towards more sustainable and inclusive growth.

The award underscores Merino’s ongoing dedication to fostering a sustainable future through its holistic ESG initiatives. ERF, a not-for-profit organization established in 2021, aims to raise awareness and encourage the adoption of ESG principles across public and private sectors, spotlighting businesses that place sustainability at the core of their operations.

Merino’s journey to winning the Prithvi Award was shaped by its ground-breaking sustainability efforts under its flagship Nirmal Initiative. This initiative encompasses the company’s comprehensive approach to minimizing its environmental footprint while promoting renewable energy usage, water conservation, and carbon sequestration. The Nirmal program focuses on the five elements—energy (Analah), air (Vayu), soil (Bhūmih), water (Aapah), and waste (Khah), driving Merino’s sustainability agenda on a global scale.

A standout achievement in Merino’s sustainability portfolio during FY 2023-2024 is that, 74.6% of the company’s total energy needs, including both heat and electricity, were met through renewable and non-fossil fuel sources. This achievement significantly reduces Merino’s reliance on fossil fuels and aligns with India’s renewable energy goals. Biomass, BioGas and Solar Energy are non-fossil fuel/biogenic in nature, do not produce harmful GHG emissions like CO2 there by enabling a huge reduction in Carbon Foot print is achieved.

The company also produced around 95 metric tons of vermicompost, supporting the farming community engaged in contract farming with Merino. These efforts reflect Merino’s commitment to sustainability and its dedication to creating value from waste through circular economy principles, ensuring that no resource is considered waste.

Through its CSR initiatives, such as the Shri Hara Kasturi Memorial Trust, Merino has made significant contributions to education and healthcare. The free day-boarding school established by the company provides quality education along with three nutritious meals daily and essential school materials to more than 150 children from economically-deprived families. Additionally, the Yogakshema Scholarship Program, launched in 2018 in Kolkata, West Bengal, supports bright yet underprivileged students with a monthly stipend, covering their educational expenses.

In the health sector, Merino has successfully treated and cured 6,585 TB patients to date. During 2023-24, the company organized 14 health checkup camps in various villages, reaching 4,460 patients and raising awareness about tuberculosis, its causes, and prevention.

These initiatives reflect Merino’s commitment to advancing India’s green economy, promoting responsible business practices, and improving the quality of life for communities in need.

Shri Madhusudan Lohia, Director of Merino Industries Ltd., shared his perspective on the company’s achievement: “At Merino, sustainability is not just a goal – it is a core value that shapes everything we do. This recognition is a testament to our dedication to building a greener, more equitable future, not only for Merino but for the entire planet. The Prithvi Award strengthens our resolve to continue on this path, driving innovations that protect our environment while fostering growth and progress.”

Royal Canin Drives Pet Industry Insights at Pet Industry Dialogue India 2024

Mumbai: Royal Canin, a pioneer in the “Health through Nutrition” solution for cats and dogs, with the purpose of creating A Better World for Pets, recently participated in the fourth edition of the Pet Industry Dialogue, India 2024. Held on 4th October at the Grand Blossom, Goregaon West, Mumbai, the event brought together thought leaders from the pet industry, aiming to forge cohesive growth and promote ecosystem-wide prioritizing collaboration. The Pet Industry Dialogue aligns with Royal Canin’s core values of prioritizing cats and dogs and promoting industry-wide progress.

Known for pioneering work advancing pet well-being through quality nutrition, Royal Canin engaged in thought-provoking discussions at the event while showcasing its offerings at the India International Pet Trade Fair (IIPTF), which runs parallel to the dialogue. The dialogue was inaugurated by Ms. Linda Hawk and focused on the critical need for education, the right knowledge, and collaborative growth, addressing key challenges such as the current low-calorie conversion rate of just 6-8% in a market of 35 million pets. Discussions also centered around sensitizing future pet parents and the need for scientific evidence to enhance the quality of nutrition for pets’ well-being. Industry representation and advocacy were emphasized as pivotal to the future of pet care in India.

As one of the fastest-growing markets globally, India’s pet industry is witnessing a surge in demand for high-quality pet products, services, and innovations. The Pet Industry Dialogue, a premier forum for this burgeoning sector, has emerged as a critical platform for addressing industry challenges, exploring future growth trajectories, and enabling global perspectives on market expansion. The dialogue is also a crucial steppingstone for companies aiming to enter the Indian pet market, offering strategic insights on establishing partnerships or making direct investments.

Satinder Singh, General Manager of Royal Canin, was one of the distinguished speakers at the event. Singh shared his industry expertise related to discussions on pet nutrition, health innovations, and the evolving expectations of pet owners in India and beyond. Adding to the discourse, Govind Suryawanshi, Director of Corporate Affairs, and Vishal Mundhra, Director of Strategy, led discussions around the evolution of companion animal therapeutics and the transformation of distribution and sales channels in India’s pet industry.

Other notable speakers were industry leaders like Dr. Rakesh Pathak (CEO, PetCare India) and Shalini Arora (Founder, Happy Tails).

Satinder Singh, General Manager at Royal Canin India, reflected on the event’s success. “The Pet Industry Dialogue has once again proven to be an invaluable platform for our industry. The discussions and insights shared over the course of the event have highlighted the remarkable growth and potential of the Indian pet care market. As we witnessed firsthand, the increasing focus on pet health and nutrition is driving innovation and collaboration across the sector. It is crucial that we address pain points so that Pet Parents become responsible and Pet parenthood becomes more accessible for both current and future. Royal Canin is proud to have been part of these crucial conversations that will shape the future of pet care in India.”

In addition to participating in the dialogue, Royal Canin is one of the event sponsors, further reaffirming its commitment to drive positive change and growth in the pet industry. At the IIPTF, Royal Canin presented its latest nutrition-focused solutions designed to improve pets’ lives while offering tailored support to pet parents and industry professionals. Focusing on learning, collaboration, and forward-looking strategies, the Pet Industry Dialogue, India 2024, was a key milestone in shaping the future of the Indian pet industry.

NTPC among the Forbes World’s Best Employers 2024

New Delhi, Oct 10th 2024: NTPC Limited, India’s largest power utility, has been recognized as one of the “World’s Best Employers 2024” in the Forbes World’s Best Employers 2024 List released on 8th October, 2024.

NTPC is among the Top 500 companies in the world in this prestigious World ranking and is the only Indian Maharatna CPSE to figure in the list.

The World’s Best Employers are chosen each year (by Forbes in partnership with market research firm Statista), based on globally administered independent surveys completed by employees in over 50 countries around the world. The top employers are identified based on over 300,000 employee evaluations.

The above is a recognition of NTPC’s “People before PLF (Plant Load Factor)” approach, its excellence in the development and management of its Human Resources through continuous process improvement, creating a caring, learning and engaging workplace, focusing on employee well-being and care, and creating a meaningful, collaborative employee experience by putting the needs of employees first and adopting people practices aligned strategically to business needs.

It is a celebration of NTPC‘s constantly evolving and holistic talent strategy and people practices that are in line with business and workforce requirements and work to create a meaningful environment that fosters business excellence.

NTPC has been at the forefront of adopting and institutionalizing progressive and best HR practices in a proactive manner, which have been recognized by various prestigious forums at national and international levels.

This achievement demonstrates NTPC‘s commitment to scaling new heights of success and emerging as a strong force in the global arena. It is also a testament to the dedication and hard work of every member of the NTPC family and symbolizes the shared vision and relentless drive of the NTPC Family towards excellence.

Air India Express Celebrates Durga Puja with ‘Jamdani’ Tail Art on New Aircraft

10-October-2024, Kolkata: Joining the festivities of Durga Puja in West Bengal, Air India Express showcased its brand-new Boeing 737-8 aircraft with tail art inspired by the traditional “Jamdani” design at Netaji Subhash Chandra Bose International Airport, Kolkata. Jamdani is a renowned pattern from Bengal, known for its delicate handloom creations, typically featuring intricate floral, vine, leaf, and geometric motifs. Deeply rooted in Bengali culture, Jamdani plays a significant role in weddings, festivals, and other celebrations.

To commemorate the special occasion, Air India Express employees dressed in traditional Jamdani attire welcomed the aircraft, registered VT-BXG, to Kolkata. The aircraft operated on the Kolkata – Jaipur route.

Another new aircraft of Air India Express, registered VT-BXU, which recently joined the fleet, features a vibrant Kantha design on its tail. Kantha, also from Bengal, originated as a method of repurposing old saris and clothes into quilts and blankets. The designs often portray everyday life, folk stories, and nature, showcasing the craftsmanship of local artisans.

Since launching its refreshed brand identity in October 2023, Air India Express has continued its unique tradition of featuring a variable tailfin design inspired by the rich art and crafts heritage of the country, with a unique design on the tail of every new aircraft. The airline has already added 35 new aircraft to its fleet since last year, and now has a total fleet size of 89 narrowbody Airbus and Boeing aircraft. With 217 weekly flights from West Bengal, Air India Express remains dedicated to providing personalised product and service offerings with a sense of unique Indian warmth, while celebrating the state’s rich cultural heritage.

Kolkata:

Air India Express operates 154 weekly flights, connecting Kolkata to 12 domestic destinations: Agartala, Bagdogra, Bengaluru, Bhubaneshwar, Chennai, Guwahati, Hyderabad, Imphal, Jaipur, Kochi, Surat, and Varanasi. The airline also offers convenient one-stop connectivity to 14 domestic destinations: Amritsar, Ayodhya, Bombay, Delhi, Goa, Gwalior, Indore, Lucknow, Mangaluru, Pune, Thiruvananthapuram, Vijayawada, and Vishakhapatnam. Internationally, it connects passengers to Abu Dhabi, Dammam, Doha, Dubai, Jeddah, Kuwait, Muscat, Riyadh, Sharjah, and Singapore.

Bagdogra:

With 63 weekly flights, Air India Express connects Bagdogra to five domestic destinations: Bengaluru, Chennai, Delhi, Hyderabad, and Kolkata. Additionally, the airline provides convenient one-stop connectivity to 19 domestic destinations: Amritsar, Bhubaneshwar, Goa, Guwahati, Gwalior, Imphal, Indore, Jaipur, Kochi, Kozhikode, Lucknow, Mangaluru, Pune, Ranchi, Surat, Srinagar, Thiruvananthapuram, Varanasi, Vijayawada, and Vishakhapatnam. Internationally, it connects Bagdogra to Abu Dhabi, Bahrain, Dammam, Jeddah, Muscat, Sharjah, and Singapore.

GADDA CO Onboards Shaktimaan Fame Mukesh Khanna as Brand Ambassador

New Delhi, October 10, 2024: GADDA CO, one of the leading names in the mattress and bedding industry announces the onboarding of the legendary actor Mukesh Khanna, India’s first and only superhero known for his iconic roles as Shaktimaan and Bhishma from Mahabharat, as the new face of the brand. This exciting collaboration marks a new chapter for GADDA CO., as the brand continues to emphasize its commitment to providing quality sleep solutions, including mattresses, waterproof mattress protectors, pillows, and pillow protectors.

Mukesh Khanna shared his excitement about the collaboration, “I have always believed in the power of good health, and quality sleep is at the foundation of that. GADDA CO has proven to be a brand that cares deeply about offering products that enhance the quality of life for people across India. Their dedication to quality, comfort, and durability aligns with my personal values, and I am excited to be a part of this journey, whether it’s the mattresses or the protectors, their attention to detail in crafting products that support good sleep is truly commendable.”

GADDA CO, under the house of the brands – Baby & Mom Retail, has established itself as a trusted name for delivering exceptional sleep products that combine comfort and durability. This partnership with Mukesh Khanna signals the brand’s continued focus on expanding its reach and strengthening its position in the Indian market.

Shish Kharesiya, Founder and CEO of House of Brands – Baby & Mom Retail, expressed his enthusiasm for the partnership, “Having Mukesh Khanna on board as our brand ambassador is an honor. His association with GADDA CO perfectly resonates with our brand’s values of providing reliable, long-lasting products. We are excited to take our brand to new heights with him by our side. At GADDA CO, we believe that everyone deserves a restful, comfortable sleep, and with Mukesh Khanna as our ambassador, we aim to communicate this message more effectively to our audience.”

This collaboration marks a strategic move for GADDA CO to not only boost brand recognition but also foster a deeper connection with Indian consumers by associating with a beloved figure like Mukesh Khanna. Together, they aim to redefine the concept of comfort, ensuring that every customer enjoys a peaceful and rejuvenating sleep experience.

National Institute of Food Technology Entrepreneurship and Management, Kundli Celebrates Foundation Day with Great Fervor

New Delhi/ NCR/ Kundli: National Institute of Food Technology Entrepreneurship and Management, Kundli (NIFTEM-K), celebrated its Foundation Day on 7th October for the first time since its inception with immense enthusiasm and grandeur. The event was graced by the distinguished presence of Smt. Anita Praveen, Secretary, Ministry of Food Processing Industries, Government of India, as the Chief Guest. The celebrations were also attended by Professor (Dr.) MN Doja, Director, IIIT, Sonipat, and Mr. Vivek Chandra, CEO of LT Foods Ltd., as the Guests of Honor. Dr. Harinder Singh Oberoi, Director, NIFTEM-K, warmly welcomed the guests and audience.

In her address, Smt. Anita Praveen emphasized the critical role of institutions like NIFTEM in strengthening the food processing sector and fostering innovation and entrepreneurship in the field of food processing. She lauded NIFTEM’s contribution to advancing research and developing novel technologies for food industry in India and its commitment to training future leaders in this domain. Secretary, MoFPI also highlighted the Ministry’s continued support towards strengthening NIFTEM to improve its research infrstructure and outreach activities.

The Guests of Honour, Dr. M. N. Doja and Mr. Vivek Chandra, shared valuable insights on technological advancements and entrepreneurial growth within the food sector. They appreciated NIFTEM’s efforts in bridging the gap between academia and industry, driving progress, and nurturing talent through their interdisciplinary approach.

Alumni from various batches also came together to celebrate Foundation Day and post their participation in the Alumni Meet organized on 6th October. They shared their experiences and reconnected with their alma mater. Some of the Alumni performed during the cultural evening organized by students from different batches. prpgrammes and streams. Cultural evening included some very enthralling folk dances, melodies of yester years, jugal bandi, fusion etc by the very talented NIFTEM-K students which ensured audience glued to their chairs. The event served as a platform for alumni to interact with current students, discuss industry trends, and explore opportunities for collaboration and mentorship.

As part of the Foundation Day festivities, a Kavi Sammelan (poetry session) was organized, featuring celebrated poets Saurav Jain Suman, Rajesh Agarwal, Radhika Mitalash, Vibhor Chaudhary, and Dr. Pratik Gupta, who captivated the audience with their profound verses and recitations, making the day memorable one.NIFTEM’s Foundation Day marked another year of excellence, innovation, and growth in the field of food technology and entrepreneurship.

Geothermal Energy’s 10GW Potential Can Solve India’s Power Hunger: Experts at MIT-WPU Conference

New Delhi: There are 300 hot springs in India with an estimated energy potential of 10 GW, yet the commercial production of geothermal energy in the country remains zero. If the potential of this never-ending energy source is fully harnessed, it can help fulfil India’s ever-increasing energy demand in an environment-friendly way. This was said by experts at a conference organized by the Student Chapter of International Association of Drilling Contractors at MIT World Peace University, Pune.

Said Prof. Rajib Kumar Sinharay, Program Director, Department of Petroleum Engineering, MIT-WPU: “Geothermal resources are widely available in India in areas such as the Himalayas, Son-Narmada-Tapti basin, Maharashtra, and Andaman-Nicobar Islands. Many sedimentary basins also have high geothermal gradient in the drilled oil wells. If systematically explored and developed, geothermal can supply significant energy in the major parts of India. Several companies are looking for geothermal energy in India both from private and public sector. ONGC is drilling for its 1MW geothermal energy project in Puga valley, Jammu & Kashmir. Geothermal energy will contribute significantly to India’s energy map in future.”

The conference brought together global experts, including Lars Nydahl Jørgensen, Regional Director (Europe) of the International Association of Drilling Contractors (IADC), and Om Prakash Singh, Director (Technology & Field Services) at ONGC, among others.

While addressing students, Om Prakash Singh said, “There are numerous challenges in front of the petroleum industry in India. I urge students from various streams to unite and engage with the pressing challenges in the sector. In this era of technology and digitalization, the industry is eager to adopt innovative solutions. Your research in technology and the Internet of Things (IoT) can significantly contribute to the future of petroleum. Together, we can create a meaningful impact.”

During the event, these experts explored critical topics such as government policies for leasing geothermal blocks and profit sharing, investments in geothermal blocks by energy majors, collaborations to create turnkey solutions for geothermal energy, and technology integration. Key technologies discussed included geothermal exploration, reservoir modeling, drilling, and production, as well as the role of subsidies in geothermal drilling to encourage operators to make geothermal projects financially viable.

The International Association of Drilling Contractors (IADC), founded in 1940, is a global organization representing drilling contractors. IADC Student Chapters provide students with valuable opportunities to engage with the international IADC community, seasoned industry experts, and the broader energy industry.

JICA along NBM and NECBDC to Elevate Bamboo Utilization in Northeast India

Shillong, October 10, 2024 – The Japan International Cooperation Agency (JICA), in collaboration with the National Bamboo Mission (NBM) and the Northeast Cane and Bamboo Development Council (NECBDC), held the second Joint Coordinating Committee (JCC) meeting in Shillong, Meghalaya on JICA’s Technical Cooperation Project for Bamboo Use Promotion in Northeast Region. The project contributes to the objectives agreed in the 2022 Bamboo initiative for Strengthening Bamboo Value Chain in the North-East between Ministry of External Affairs, Government of India and Embassy of Japan in India (link).

The project team consisting of NBM, NECBDC and JICA experts presented on-going activities to activate bamboo handicraft industry, including development of innovative designs to enhance marketability of bamboo products and provision of training to the target community cluster members in bamboo crafts skill development and financial management.

This project commenced in January 2023 aiming to activate the bamboo sector in the North Eastern Region, with an expected completion date set for the end of 2025. Chaired by NBM, NECBDC and JICA, the meeting gathered diverse stakeholders, including representatives from the North East Centre of Technology Application and Reach, Rain Forest Research Institute, State Bamboo Missions from the North Eastern States, the National Institute of Design – Assam, Ministry of Development of North Eastern Region and the Embassy of Japan in India. The agenda was to review the project’s progress, discuss and approve work plans in coming year.

Key discussion points included strengthening partnerships among industry, academia, and government in India and Japan; and exploring collaboration opportunities on cutting-edge technologies such as producing animal feed from bamboo powder and making pavement using shredded bamboo; and ensuring the sustainability of the project activities including the financial management training for cluster member community.

As the bamboo sector garners increasing attention on both national and international stages, this partnership between JICA, NBM, and NECBDC marks a crucial step toward enhancing the sector’s capabilities and driving sustainable development in Northeast India.

Hon’ble PM Shri Narendra Modi Inaugurates Indian Institute of Skills Mumbai; To train 5000 students annually in Industry 4.0 skills

Mumbai, October 10, 2024 : In a significant step towards enhancing the employability of Indian youth for national and global opportunities, the Hon’ble Prime Minister Shri Narendra Modi today inaugurated the Indian Institute of Skills (IIS) in Mumbai, which aims to cultivate an industry-ready workforce for Industry 4.0, equipped with cutting-edge technology and hands-on training across a range of trades including factory automation, digital manufacturing, mechatronics, artificial intelligence, data analytics, and additive manufacturing. catering to both the services and manufacturing sectors, as well as other emerging businesses.

Established through a Public-Private Partnership (PPP) model, the institute is a collaboration between the Ministry of Skill Development and Entrepreneurship, Government of India and Tata IIS (a section 8 company under Tata Trusts).

The Prime Minister emphasized that the world only trusts a country when its youth is filled with confidence. He noted that the confidence of today’s young India is writing the story of a new future for the nation and highlighted that the global community sees India as a significant hub for human resources, with vast opportunities in education, skilling, healthcare, and software development across the globe. To prepare India’s youth for these opportunities, the Prime Minister emphasised that the government is aligning their skills with global standards.

Expressing his happiness on the inauguration of IIS Mumbai, Shri Jayant Chaudhary, Hon’ble Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship and Minister of State, Ministry of Education, Govt of India remarked, “Institutions like IIS are pivotal in shaping a future-ready workforce, translating the Hon’ble Prime Minister’s vision of India as the ‘Skill Capital of the World’ into a reality. By equipping our youth with cutting-edge expertise, this institute is not merely opening doors to opportunities within India but is positioning them to compete and excel in global markets as well.”

Built on a sprawling 4-acre campus within the National Skill Training Institute (NSTI) in Chunabhatti, Mumbai, IIS is designed to cultivate an industry-ready workforce equipped with cutting-edge technology and hands-on training. IIS Mumbai will offer specialized training in key sectors such as factory automation, digital manufacturing, mechatronics, artificial intelligence, data analytics, and additive manufacturing.

The institute will initially launch six specialized courses: Advanced Industrial Automation & Robotics, Industrial Automation Fundamentals, Advanced ARC Welding Techniques, Additive Manufacturing, Electric Vehicle Battery Specialist, and 2&3 Wheeler EV Technician. The institute will also extend hostel facilities for candidates to enhance their learning experience in the near future.

“By imparting advanced technical skills and hands-on experience to our youth, we are positioning India at the forefront of global skill development. This initiative is about more than just training; it’s about creating pathways for young talent across the nation to not only excel but also become pivotal contributors to India’s economic and technological progress. We are forging strategic partnerships like these with cutting-edge industries to ensure our skilling frameworks are not only relevant but also visionary—preparing an agile, future-ready workforce capable of meeting the fast-evolving demands of a globalized economy,” Shri Chaudhary added.

Shri Mangal Prabhat Lodha, Minister for Skills, Employment, Entrepreneurship and Innovation, Government of Maharashtra said “The IIS centre launched today is going to be a state-of-the-art facility that will attract people from around the World. The Tata Group is a synonym for trust and growth. This is an opportunity for every candidate associated with this organization to work and learn. The Prime Minister has emphasized on prioritizing upskilling at many occasions and provided the necessary budget for ongoing and upcoming skilling initiatives.”

The institute will initially have advanced laboratories developed in partnership with over 15 global and Indian Original Equipment Manufacturers (OEMs), ensuring that students gain practical experience at an affordable cost, using real industry equipment. Once their training is complete, they will be ready to be absorbed by new-age industries like EV manufacturers, AI, and robotics, among others.

In addition to its core offerings, IIS will also provide short-term courses in collaboration with industry partners, such as Industrial Robotics with Fanuc India, Industrial Automation with SMC India, and Culinary & Core Housekeeping with Taj Skyline. With its innovative approach to vocational training and robust industry ties, Tata IIS Mumbai is poised to emerge as a premier institution for skill development in India.

“India’s growing economy increasingly demands a skilled, resilient workforce – which can, in turn, advance productivity, economic growth, prosperity, and national development. By equipping our youth with useful skills, we can empower them to lead lives of independence and dignity and prepare them to keep pace with the evolving needs of industry today. The Indian Institute of Skills, Mumbai, with its world-class facilities, is a symbol of the Tata Group’s vision to take bold and agile steps to solve the nation’s challenges and help the youth transition to employment and enterprise,” said Shri Venu Srinivasan, Chairman, Tata Indian Institute of Skills.

The event was graced by several distinguished dignitaries, including Shri Atul Kumar Tiwari, Secretary, Ministry of Skill Development and Entrepreneurship (MSDE), and Shri Nilambuj Sharan, Senior Economic Advisor, MSDE. Key figures from Tata Trusts and Tata companies were also in attendance, including Shri Venu Srinivasan, Chairman of Tata IIS, Shri Siddharth Sharma, CEO of Tata Trusts, Shri Sabyasachi Das, CEO of Tata IIS, and Shri Girish Krishnamurthy, CEO of Tata MD. Additionally, Shri H N Shrinivas, Senior Advisor at Tata IIS, along with other senior dignitaries, faculty members, and trainees from IIS Mumbai, were present to celebrate this milestone moment in the evolution of skill development in India.