TPV Technology strengthens global commitment to Human Rights & the ethical sourcing of materials with new partnerships

Amsterdam, Mar 26:  TPV Technology – the world’s leading supplier of displays and the tech giant behind TP Vision, MMD Monitors and Displays, and AOC, together with PPDS – has further strengthened its global commitment to social sustainability and the human rights of workers by partnering with leading not for profit organisations The Mekong Club and the EPRM.

Continuing to meet the requirements of the EU Corporate Sustainability Due Diligence Directive (CSDDD), these new memberships, focused on social sustainability and human rights, form part of TPV Technology’s unwavering, long held, and deeply ingrained commitment to people, communities, and the planet – a philosophy shared across all business units.

Stefan van Sabben, Global Director of CSR and Sustainability at TPV Technology, commented: “We are a production oriented organisation with a worldwide network of locations and suppliers. Our responsibility focuses not only on our own sphere of influence but also on processes further down the supply chain. We believe in working both as a community and as a part of communities to amplify our efforts. That is certainly the case with our social responsibility.”

Joining forces for good

Founded in 2011 in Hong Kong, The Mekong Club is a leading not for profit organisation that works together with member companies to combat modern slavery, forced labour, and human trafficking. 

Recognised and respected globally, its members span multiple industries, including manufacturing, finance, and hospitality, reflecting a shared determination to drive meaningful change. Members include renowned global brands, including Mattel, Decathlon, Unilever, Amazon, and The Walt Disney Company.

Membership provides access to expert guidance, practical tools, and a network of like minded organisations committed to addressing these complex challenges.

Commenting on the new membership, Stefan commented: “We strictly prohibit all forms of forced labour and modern slavery in both our own operations and in our supply chains. Membership of the Mekong Club will help us ensure forced labour is never used in the scope of our business.”

He continued: “To address modern slavery challenges across sectors and industries, collaboration with other organisations is key. We look forward to collaborating with The Mekong Club and fellow members to deepen our knowledge and to exchange ideas and learnings with other businesses that are serious about making a difference.”

TP Vision, MMD Monitors and Displays, AOC, and PPDS rigorously follow the human rights and labour standards set by the United Nations Global Compact (UNGC), the International Labour Organisation (ILO), and the Responsible Business Alliance (RBA).

Ethical sourcing of materials

Meanwhile, the European Partnership for Responsible Minerals (EPRM) concentrates on human rights and environmental challenges linked to mineral extraction and processing, an area at the very start of TPV Technology’s supply chains.

Set up in 2016, key areas of focus for the ERPM include artisanal and small scale mining (ASM) in conflict affected and high risk areas.

By bringing together companies, governments, and civil society organisations, the EPRM works to improve working conditions and environmental practices. It also promotes responsible sourcing of key minerals such as tin, tantalum, tungsten, and gold. Through on the ground projects and collaborative support, the initiative helps supply chain participants strengthen their responsible sourcing practices.

Members include blue chip organisations such as Royal Philips, NXP, Samsung, Intel, and Fairphone, as well as other supply chain actors, such as Valcambi (a refiner), Gold by Gold Colombia (a gold purchaser and trader), and the Responsible Minerals Initiative (RMI – of which TPV is also a member). Civil society members include Solidaridad, Terre des hommes, and Pact.

TPV Technology publishes an annual Conflict Minerals report that outlines its commitment, policy and procedures regarding the responsible sourcing of minerals, with the company committed to not purchasing raw materials, subassemblies or supplies that are known to contain conflict minerals that directly or indirectly finance or benefit armed groups in the DRC or other CAHRAs (conflict affected and high risk areas).

Furthermore, the company has been a member of the Responsible Minerals Initiative (RMI) since 2015 and a member of the International Tin Supply Chain Initiative (ITSCI) since early 2023. Since December 2023 – and recently renewed for another three years – it has actively funded and supported ITSCI’s responsible and inclusive mining governance projects in the Democratic Republic of Congo.

Marcella Klinker, Sustainability Specialist – Human Rights and Supply Chains at TPV Technology, said: “For us at TPV Technology, joining the EPRM reinforces our commitment to responsibly sourcing the minerals used in our products and continuously strengthening our mineral due diligence practices. We look forward to collaborating with the EPRM and other members on developing innovative partnerships and initiatives that enhance due diligence practices and support more responsible mineral supply chains.”

Jindal Stainless and Oyster Renewable advance industrial decarbonisation with 315.6 MW hybrid power project

Mar 27:  Jindal Stainless, India’s leading stainless steel manufacturer, and Oyster Renewable Energy Pvt Ltd today announced the part commissioning of a 315.6 MW solar-wind hybrid renewable energy project in Agar-Malwa, Madhya Pradesh, marking a significant milestone in advancing clean energy adoption within India’s industrial sector.

The project, developed by Oyster Renewable and set at a total investment of over ₹2,000 crore, includes a committed investment of ₹132 crore from Jindal Stainless. It spans Madhya Pradesh and Gujarat, with ~216 MW of solar and wind power to be generated in Madhya Pradesh and an additional 99 MW in Gujarat. The project is currently being commissioned in phases, starting with the Madhya Pradesh facility, to be followed by the commissioning of the Gujarat facility. Designed to support Jindal Stainless’ transition towards a cleaner and more resilient energy mix, the project reinforces the growing role of large-scale renewable infrastructure in driving industrial decarbonisation.

The project integrates bifacial solar modules with tracker systems alongside advanced Suzlon 3.15 MW wind turbines in a co-located hybrid configuration. This design enables a more balanced renewable generation profile by harnessing both solar and wind resources, helping improve power availability and supporting the delivery of more stable renewable energy for industrial consumption.

On this milestone, Abhyuday Jindal, Managing Director, Jindal Stainless Limited said:

“As we cater to the growing needs of the nation, sustainability continues to anchor our long-term growth strategy. Our partnership with Oyster Renewable for this hybrid renewable energy project represents an important step in strengthening our clean energy portfolio and reducing the carbon intensity of our operations. Large-scale renewable collaborations like these will play a crucial role in accelerating industrial decarbonisation across India.”

The project, once fully operational, is expected to enable Jindal Stainless abate around 6.5 lakh metric tonnes of carbon emissions per year, while reinforce the growing importance of hybrid renewable solutions in delivering reliable clean power to energy-intensive industries.

With industrial demand for firm renewable energy increasing, projects such as this highlight the role of partnerships between renewable developers and industrial consumers in accelerating India’s clean energy transition.

Beyond infrastructure development, the project also incorporated local workforce participation and regional supply-chain engagement during construction and deployment, ensuring that the transition to renewable energy contributes to broader economic activity and community development in the region.

India’s Economy Poised for Strong Growth Above 7pc in FY27

India’s economy is on track to sustain robust growth in the coming financial year, with GDP expected to remain above 7% in FY27, according to the Associated Chambers of Commerce and Industry of India (Assocham). This strong performance is being fueled by resilient domestic consumption and continued investment across sectors.

Pic Credit: Pexel

As per Assocham, India’s GDP is projected to expand by approximately 7.6% in FY26, maintaining the country’s position as one of the fastest-growing major economies in the world. “India’s growth trajectory remains healthy, with domestic demand and investment continuing to drive economic activity,” said Nirmal K Minda, president of the industry body.

Despite global uncertainties and geopolitical tensions, India’s economy is demonstrating remarkable resilience. Analysts point to strong consumption trends, rising infrastructure investment, and steady industrial output as key factors supporting sustained growth.

This optimistic outlook underscores India’s potential to not only weather global economic challenges but also to attract more business, investment, and innovation domestically. With continued policy support and a large, dynamic consumer base, the country is poised for sustained economic expansion in the years ahead.

Elevated Everyday Living with Fabindia’s Craft-Led Home Essential

New Delhi, Mar 27:  Fabindia introduces a thoughtfully curated range of home essentials designed to transform everyday living into a mindful and elevated experience. Rooted in traditional craftsmanship and tailored for contemporary homes, the collection blends comfort, functionality, and understated luxury.

 From artisanal lighting and heritage-inspired textiles to rustic serveware and soothing home fragrances, each piece reflects Fabindia’s commitment to preserving India’s rich craft traditions while adapting them for modern lifestyles. The collection brings together elements that add warmth, character, and quiet elegance to everyday spaces.

Among the highlights is the Green Heti Hand Cutting Ceramic Bedside Table Lamp, a handcrafted ceramic piece featuring intricate hand-cut detailing and a rich green finish. Designed to cast a soft, ambient glow, it enhances cozy corners and relaxed living spaces while serving as a striking décor accent.

The Brown Serene Wooden Serving Bowl showcases the beauty of natural materials with its smooth finish and sturdy build. Ideal for serving salads, fruits, or snacks, it combines practicality with timeless design, making it suitable for both everyday meals and special occasions.

Adding to the sensory experience, the Brown Mehak Diffuser offers a subtle and long-lasting fragrance through a blend of dried botanicals and reeds. Designed to complement natural interiors, it serves as both a decorative and functional element for living rooms, bedrooms, and entryways.

Completing the collection is the Pink Kumud Printed Cotton Cushion Cover, crafted from high-quality breathable cotton. Featuring a delicate floral motif, it brings softness and artisanal charm to interiors, seamlessly blending traditional print techniques with contemporary styling.

With this range, Fabindia continues to celebrate craftsmanship while encouraging consumers to embrace slow living and thoughtful design. Each product is designed to turn simple daily rituals into beautifully curated moments.

India’s Aviation Push Attracts Airbus and Embraer to Expand Local Manufacturing

India’s aviation sector is gaining fresh momentum as global aircraft makers deepen their engagement with the country’s growing market.

Leading aerospace companies Airbus and Embraer are expanding their “Make in India” plans, encouraged by rising demand for regional air travel. This demand is being driven in part by the UDAN Scheme, which has improved connectivity across smaller cities and towns.

Pic Credit: https://x.com/PMOIndia

The increase in regional routes has created a strong need for smaller, fuel-efficient aircraft, prompting manufacturers to look beyond sales and toward long-term investments in India. Both companies are exploring deeper partnerships with local suppliers, with potential plans for assembly lines and expanded manufacturing operations.

These developments reflect a broader shift in India’s aviation landscape—from being primarily a buyer of aircraft to becoming a key player in the global aerospace supply chain. With supportive policies, a growing domestic market, and a skilled workforce, India is positioning itself as an emerging hub for aviation manufacturing.

As investments gather pace, the country’s aviation ambitions are steadily moving from runway to reality.

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Connectivity gains around Jewar Airport begin to show in housing demand in Noida region

New Delhi, Mar 27: The Noida International Airport at Jewar is nearing inauguration. Alongside this, connectivity projects across the region are beginning to show their impact on residential demand across Noida, Greater Noida and the Yamuna Expressway belt. With multiple road links and access routes improving, areas that were earlier seen as distant are now coming into consideration for both homebuyers and investors, according to Star Estate, one of India’s top real estate consultancies.

Recent infrastructure initiatives, which include the new expressway links, elevated corridors and regional connectivity plans are improving access between Delhi, Noida and the upcoming airport zone. These changes are already making travel easier and drawing attention to newer residential pockets across the region.

Commenting on the trend, Mr. Vijay Jain, Director, Star Estate said,

 “Large infrastructure projects tend to influence how residential markets evolve. As connectivity improves, areas that were earlier considered peripheral start becoming more practical for both homebuyers and investors.”

A key development boosting sentiment is the recently approved high-speed road corridor connecting Delhi, Faridabad and surrounding NCR regions directly to the Jewar Airport. The project is likely to reduce travel time and make it easier to reach the airport from different parts of NCR.

Alongside this, an elevated stretch under the same plan is expected to ease traffic and improve connectivity between Faridabad and Jewar. Improved access across these routes is already being seen as a positive trigger for residential interest in nearby sectors.

Real estate activity in the Yamuna Expressway and Greater Noida region has started picking up, with visible traction from both developers and buyers. Market enquiries indicate that demand is no longer limited to investors alone.

“We are seeing a mix of buyers entering the market,” Mr. Jain said. “Investors are evaluating long-term potential linked to infrastructure, while end-users are also exploring options, especially in projects that offer better planning, connectivity and everyday liveability.”

The region is also witnessing multiple infrastructure projects progressing simultaneously. Plans for additional elevated corridors and road networks, including a Yamuna-side connectivity route, are expected to improve access from central Noida towards the airport.

At a broader level, improved regional connectivity through proposed rapid transit systems linking Noida, Greater Noida, Faridabad and Gurugram is further strengthening the overall accessibility of the airport region. This multi-layered approach, combining road, expressway and transit connectivity is gradually shaping the region into a more integrated urban cluster.

Mr. Jain noted that this level of parallel infrastructure development is changing the pace at which the market is evolving. “Unlike earlier development cycles, where infrastructure and real estate growth happened in stages, we are now seeing multiple connectivity projects progressing together. This tends to accelerate how quickly a region becomes viable for residential demand,” he said.

He further added that buyer expectations have evolved significantly over time. “Homebuyers today are more informed and careful in their decisions. They are looking for larger homes, efficient layouts and access to social infrastructure such as schools, healthcare and daily conveniences. Connectivity to workplaces and key hubs has become a key deciding factor,” he noted.

Industry observers point out that infrastructure-led development often brings with it commercial activity, logistics hubs and employment opportunities, which in turn support residential demand over time. Mr. Jain explained, “When infrastructure and economic activity begin to move together, it creates a more stable foundation for real estate growth. The regions around the Noida airport are gradually moving in that direction.”

Another factor supporting the market is the upcoming operationalisation of the airport itself. With the project nearing completion, sentiment across the region has strengthened, and early-stage demand is already visible even before full operations begin.

“Real estate growth linked to infrastructure is gradual but steady,” Mr. Jain said. “As connectivity improves and more activity comes into the region, these locations begin to attract consistent residential demand.” Apart from connectivity, the gradual development of social infrastructure is also beginning to support the residential appeal of the region. Schools, healthcare facilities and commercial developments are slowly taking shape across sectors along the Yamuna Expressway and nearby areas.

With better connectivity and visible development across the region, the Noida and Greater Noida belt is now seeing more consistent residential interest. Within Delhi-NCR, the twin cities are gaining interest from both end-users and investors, with better connectivity and visible development on the ground playing a key role in how these locations are being considered.