Sundaram Finance Partners with GMT Engineers Pvt. Ltd. to Enable Seamless Financing for Advanced Metal Forming Machinery

Chennai, Sept 30: Sundaram Finance Ltd., one of India’s most trusted NBFCs, has entered into a strategic partnership with GMT Engineers Pvt. Ltd., a leading supplier of metal forming machinery and automation solutions in South India. The partnership aims to provide manufacturers with quick, convenient, and customised financing solutions for the purchase of GMT Engineer’s advanced range of CNC bending machines, fiber laser cutting systems, power presses, and automation equipment.

The collaboration is designed to support small and medium-sized manufacturers, job shops, and industrial enterprises by simplifying access to capital and enabling faster acquisition of world-class manufacturing technology. Customers will benefit from Sundaram Finance’s streamlined financing process and GMT Engineers’ ready availability of high-performance machinery, helping them expand capacity, improve productivity, and take on larger business opportunities.

Speaking on the partnership, Mr. BS Prasad, Managing Director, GMT Engineers Pvt. Ltd., said:

“This strategic partnership with Sundaram Finance marks a significant milestone for our customers in facilitating seamless financing options for our metal forming machines. Our mission is to equip South Indian manufacturers with the advanced high-volume CNC bending machines, fiber laser cutting systems, and power presses they need to scale sustainably. With the combination of ready-stock machines and seamless, quick-turnaround financing from Sundaram Finance, our customers can focus on maximizing their production and growing their order books, allowing them to take on larger contracts with absolute confidence.”

Commenting on the partnership, Mr. Rahul Jyoti Kumaran, Senior General Manager & Head – SME, Sundaram Finance,said:

“At Sundaram Finance, we remain deeply committed to supporting India’s manufacturing growth story by enabling easier access to finance for MSMEs and emerging enterprises. As the country advances its ‘Make in India’ vision, access to modern, productivity-enhancing equipment is critical for manufacturers seeking to improve quality, scale operations, and compete globally. Through our partnership with GMT Engineers Pvt. Ltd., we aim to make advanced metal forming and automation solutions more accessible to businesses across South India, including customers in underserved industrial clusters. By combining GMT’s cutting-edge machinery with our flexible and customer-centric financing solutions, we are helping manufacturers invest with confidence, enhance operational efficiency, and unlock new growth opportunities.”

The partnership reinforces Sundaram Finance’s commitment to supporting India’s manufacturing sector by making technology adoption more accessible and helping enterprises invest confidently in productivity-enhancing equipment.

Submer and ACES Sign MoU to Build AI-Ready Data Center Capacity in Saudi Arabia

Partnership pairs Submer’s full-stack AI infrastructure engineering with ACES’ delivery footprint in the Kingdom to bring high-density computing capacity online faster

Duabi, UAE, Sept 30: Submer, a full-stack AI infrastructure provider, today announced the signing of a Memorandum of Understanding (MoU) with ACES (Advanced Communications & Electronics Systems), a Saudi digital infrastructure company, to accelerate the rollout of high-density, AI-ready data centers across the Kingdom.

Under the agreement, the two companies will jointly pursue projects that serve the growing demands of AI and high-performance computing workloads. Submer contributes engineering and technology spanning the full project lifecycle, while ACES contributes local delivery, infrastructure services and investment.

The scope covers advisory and consultancy for facility planning; the design and build of new and retrofit sites; IT integration across compute, networking and monitoring systems; thermal and power systems, including advanced liquid and immersion cooling; and potential co-investment in Saudi data center capacity.

As the Kingdom pursues its Vision 2030 digital and AI agenda, rising rack densities are reshaping requirements for power, cooling, facility design and IT integration. Between them, the two partners aim to take customers from early planning through deployment and long-term operation.

“The Kingdom’s AI ambitions are moving faster than the infrastructure models supporting them,” said Khalid Aljamed, General Manager for the Middle East, Turkey and Africa at Submer. “Rack densities are pushing conventional design to its limits, and customers are too often left coordinating separate parties for engineering, construction, integration and financing. Working with ACES, we can strip out much of that overhead and hand over facilities engineered for dense AI workloads from day one.”

“This agreement brings together exactly what building AI infrastructure here demands,” said Dr. Akram Aburas, Group CEO of ACES. “Submer offers deep engineering and technology across the project lifecycle; ACES offers proven execution on the ground, market presence and investment strength. Together we can add AI-ready capacity and help Saudi Arabia’s wider digital infrastructure ecosystem keep growing.”

UP International Trade Show 2026 Closes on Strong Business Note with INR 6,500 Crore MoUs

Greater Noida, September 30, 2026: The Uttar Pradesh International Trade Show (UPITS) 2026 has concluded with significant commercial activity, positioning the five-day exhibition as an important platform for businesses from Uttar Pradesh to connect with domestic and international markets.

The fourth edition of the trade show resulted in around 4,400 Memoranda of Understanding (MoUs) valued at approximately ₹6,500 crore, while business enquiries generated during the event indicated a potential business pipeline of nearly ₹15,500 crore.

Organised at the India Expo Centre & Mart in Greater Noida from September 25 to 29, the event brought together manufacturers, MSMEs, exporters, entrepreneurs, buyers, investors and industry representatives. The scale of participation reflected the growing emphasis on connecting Uttar Pradesh’s production base with wider markets.

One of the major features of UPITS 2026 was the volume of business-to-business interaction. According to figures associated with the event, around 41,500 B2B meetings were conducted during the five-day programme.

The meetings included interactions facilitated through the Reverse Buyer-Seller Meet (RBSM) as well as business discussions held directly at exhibition stalls. The RBSM component alone accounted for approximately 13,500 meetings, providing participating enterprises with opportunities to engage with international buyers.

The overall number of B2B meetings was higher than the approximately 31,650 meetings recorded during the previous edition. The increase points to greater emphasis on direct commercial engagement rather than simply showcasing products.

For Uttar Pradesh’s MSMEs, the trade show offered an opportunity to move beyond local markets and present products to buyers from different parts of India and overseas.

Enterprises representing manufacturing, textiles, handicrafts, food processing, agriculture, leather, engineering, electronics and other sectors participated in the exhibition. The platform enabled smaller businesses to present their capabilities alongside larger industrial and commercial participants.

A significant attraction was the representation of products associated with the state’s One District, One Product (ODOP) initiative. Products linked to traditional skills and district-level manufacturing ecosystems were displayed for buyers looking for distinctive Indian products and suppliers.

UPITS 2026 also had a strong international component, with Russia, Austria, Japan, Singapore, Belarus and Vietnam participating as partner countries.

The presence of overseas delegations added an export-oriented dimension to the event. Businesses from Uttar Pradesh were able to explore potential relationships with international buyers and companies across areas such as manufacturing, electronics, information technology, textiles and agri-food processing.

For exporters, such interactions can be particularly important because establishing overseas market relationships often requires direct discussions around product specifications, pricing, supply capabilities, regulatory requirements and distribution.

The trade show attracted close to 5.99 lakh visitors and business buyers over its five-day run. The attendance included both business visitors and members of the general public.

The large footfall gave participating companies an opportunity to generate brand visibility in addition to pursuing direct commercial discussions. For consumer-oriented businesses, the exhibition also provided an avenue to understand customer responses to products and identify potential markets.

While the headline numbers underline the scale of activity at UPITS 2026, the figures need to be viewed in their proper context.

The ₹6,500 crore MoU figure represents agreements signed or announced during the event, while the ₹15,500 crore figure represents estimated potential business generated through enquiries and commercial discussions. These figures should not be interpreted as equivalent to realised investment, confirmed revenue or completed orders.

The next stage will be conversion. Businesses will need to turn meetings into purchase orders, distribution agreements, investment commitments and long-term commercial partnerships. The eventual economic impact will therefore depend on how successfully the opportunities generated at the exhibition translate into actual business.

The trade show comes at a time when Uttar Pradesh is seeking to strengthen its position as a manufacturing, investment and export destination.

Its large MSME base, district-specific products and expanding industrial ecosystem provide a broad platform for companies looking to source products or establish manufacturing and commercial relationships.

Events such as UPITS provide a common marketplace where these capabilities can be presented to buyers in a concentrated format. For smaller enterprises in particular, access to organised buyer-seller meetings can reduce some of the barriers involved in entering new markets.

The conclusion of UPITS 2026 now shifts attention from the exhibition floor to the commercial follow-up.

Thousands of meetings have created a sizeable pool of business leads, while the MoUs provide a framework for potential partnerships. The coming months will determine how many of these discussions progress into actual contracts, investments, exports and business expansion.

For Uttar Pradesh’s entrepreneurs and MSMEs, the significance of the trade show will ultimately be measured not only by the number of visitors or agreements signed, but by the business generated after the exhibition closes.

With ₹6,500 crore worth of MoUs and an estimated ₹15,500 crore potential business pipeline, UPITS 2026 has created a substantial set of commercial opportunities. The next challenge—and opportunity—will be converting those opportunities into sustained economic activity and market growth.

Peavey Commercial Audio sees strong interest in networked solutions at InfoComm India 2026

Exhibiting alongside distribution partner ProFX in Mumbai, Peavey Commercial Audio showcased its latest MediaMatrix SCION DSP platform and Crest Audio loudspeaker ranges, resulting in its most productive InfoComm India to date

 Mumbai, India – Sept 30 – Peavey Commercial Audio re-established its presence at InfoComm India 2026 this month, describing the event as its most productive to date, with strong interest in its latest professional audio portfolio, particularly its networked management capabilities, from the show’s 13,275 attendees.  

 According to forecasts, the India professional audio market is projected to grow from $1.9 billion to $3.4 billion by 2031, perfectly positioning Peavey to capitalise on new business opportunities and support growing demand across the Indian market.

 Exhibiting alongside Indian distribution partner ProFX at the Jio World Convention Centre, the company left the show with positive leads, ranging from hospitality to transport sectors.

 At the centre of the ProFX booth was the latest MediaMatrix SCION digital signal processing platform. Building on MediaMatrix’s history in networked audio, SCION offers a flexible foundation for designing and managing professional audio systems. It supports AES67 MediaMatrix sNET protocols, along with Dante, and combines modern processing capabilities with the backwards compatibility needed when upgrading established MediaMatrix installations.

 Conversations at the show reflected growing interest in how IP audio can simplify the management of systems across buildings, venues and larger estates. SCION’s modular architecture allows integrators to configure processing and management around the requirements of each project, from an individual site to a multi-site deployment.

 ProFX has been instrumental in developing Peavey Commercial Audio’s presence in India. Its local product knowledge, system design expertise and technical support have helped consultants, integrators and customers specify and deploy Peavey technologies across the region. The partners’ joint presence at InfoComm India gave visitors access to both the technology and the local expertise needed to take projects forward.

 Raja VN, Sales Manager SAARC at Peavey Electronics commented: “It was truly a testament to Peavey Commercial Audio in terms of the excitement from visitors at our booth who were delighted to see a 60 year legacy make a comeback to India at InfoComm Mumbai. We sensed genuine appreciation towards our comprehensive solution capabilities as well as our wide product range across Peavey, Crest Audio and Media Matrix.”

 Show also explored Crest Audio’s CiP range of networked loudspeakers. The range uses IP infrastructure to carry audio, power and control, helping to reduce cabling and the need for locally installed amplification. Dante connectivity and PoE++ power support make CiP suitable for networked

AV projects across corporate, education, hospitality and public-space applications.

 Peavey also presented the Crest Audio CPL+ series, a passive loudspeaker range for installed and portable sound reinforcement. Its two-way loudspeakers and subwoofer options provide a choice of configurations for venues requiring clear reproduction, consistent coverage and higher output. Rotatable high-frequency horns offer flexibility for vertical and horizontal installation, while EASE and CLF data support system planning.

 Shayne Thomas, GM Peavey Commercial Audio and Peavey APAC Director Akshay Vaidya, both attended the show and entertained question from a non-stop foot fall at the booth and were both extremely excited about the opportunities that are developing in India.

 “The booth was busy throughout the show, and it was encouraging to see such strong interest in the breadth of our portfolio,” said Thomas. “IP audio management prompted particularly valuable conversations. It was, without doubt, the busiest InfoComm India I’ve witnessed.”

 He added: “Thank you to all that spent time with our staff and the great people at ProFX. Working alongside ProFX gives us the chance to discuss these opportunities in detail with the people delivering projects on the ground. The conversations we had at InfoComm India have given us a strong launchpad for more exciting work ahead.”

The Dylan Amsterdam Introduces Fall Within: An Invitation to Look Closer

Discovering the stories, perspectives, and places hidden beyond Amsterdam’s façades

AMSTERDAM, the Netherlands — September 30, 2026 — Every city has a version of itself that most visitors never see. Not because it is hidden, but because it requires a different way of looking. Beyond Amsterdam’s iconic canals, gabled houses, and well-known cultural landmarks lies another layer of the city, one found within tucked-away courtyards, historic interiors, private collections, and centuries-old stories waiting to be uncovered. As the energy of summer gives way to a more reflective atmosphere, attention naturally shifts from what is immediately visible to what lies beyond the façade.

Inspired by this idea, The Dylan Amsterdam introduces Fall Within, a new autumn experience that invites guests to explore Amsterdam through its history, architecture, creative community, and cultural spaces, revealing aspects of the city often overshadowed by its most recognizable attractions.

Situated along the Keizersgracht in Amsterdam’s historic canal district, The Dylan Amsterdam has long embodied a more intimate perspective of the city. Occupying the site of Amsterdam’s first stone theatre, the hotel unfolds gradually, opening from the canal into an inner courtyard that offers a sense of seclusion amid the energy of the canal district. The experience draws inspiration from that same sense of discovery, encouraging guests to engage with the craftsmanship, traditions, and cultural character that have become integral to Amsterdam’s identity.

While many visitors experience Amsterdam through its landmarks, Fall Within focuses on the histories, architecture, and local traditions woven throughout the canal district. Through a personally curated heritage walk, guests explore the neighborhood beyond the major sights, gaining insight into the people, places, and influences that have helped define Amsterdam’s character over time.

The experience also explores the history of The Dylan Amsterdam itself. An audio storytelling journey traces the evolution of the site from Amsterdam’s first theatre to the hotel it is today, while insights from the concierge team offer a connection to the neighborhood and the people who know it best.

Among the local creatives who reflect the spirit of Fall Within is Amsterdam-based gallerist and mirror restorer Anouk Beerents. Located just moments from The Dylan Amsterdam, her gallery is dedicated to antique mirrors that reveal centuries of craftsmanship through reflection, light, and texture. Through introductions to local artisans, ateliers, and cultural spaces, guests encounter a side of Amsterdam beyond its most familiar sights. One of Beerents’ restored mirrors hangs above the fireplace in Bar Brasserie OCCO, offering guests another opportunity to encounter her work during their stay.

That same sense of perspective can be found within some of Amsterdam’s most remarkable cultural interiors. At the Cuypers Library within the Rijksmuseum, soaring bookcases, intricate architectural details, and generations of collected knowledge reveal a side of the city often overlooked by visitors focused on its better-known highlights. These spaces offer insight into the artistic, architectural, and intellectual traditions that continue to influence Amsterdam today.

“Some of the most memorable travel experiences are the ones that aren’t planned,” says Emma Schrijver, Marketing Manager at The Dylan Amsterdam. “They often begin with a conversation, an unexpected place, or a detail that might otherwise go unnoticed. With Fall Within, we wanted to create an experience that encourages curiosity and offers guests a more nuanced understanding of Amsterdam, its history, and the people who continue to shape it.”

Returning to The Dylan Amsterdam, the spirit of Fall Within continues throughout the property. Guests can gather beside the fireplace at Bar Brasserie OCCO, linger in the courtyard, or dine at two-Michelin-starred Restaurant Vinkeles, housed within a restored 18th-century bakery, where the hotel’s connection to Amsterdam’s past remains evident today.

Available from September 21 through December 20, Fall Within includes a minimum two-night stay, daily breakfast at Bar Brasserie OCCO, a personally curated heritage walk through the surrounding canal district, admission to the Museum of the Canals, and an audio history experience exploring the story of The Dylan Amsterdam. Rates begin at €1,275 for two nights.

Ultimately, Fall Within is not about seeing more of Amsterdam, but about taking the time to see it differently. Through lesser-known stories, remarkable interiors, and unexpected encounters, the experience reveals facets of the city often overshadowed by its most familiar attractions.

IIT Bombay Batchmates – Epigamia Co-Founder and Former Housing.com CXO Launch Kokasa, a Deep-tech Company Building Critical Systems and Autonomous Technologies

New Delhi, 30 September, 2026: Former leaders from Epigamia, Housing.com and Hindustan Aeronautics Limited (HAL) launch Kokasa, a deep-tech start-up focused on building the critical systems and autonomous technologies that will power the next generation of defence, aerospace, space and other high-performance platforms. The company also aims to strengthen India’s domestic technology and supply capabilities.

The company’s vision is to build Collaborative Autonomous Systems where multiple autonomous and semi-autonomous platforms, sensors and effectors operate together through a common software architecture to achieve a shared mission objective. Kokasa is building toward this vision from the deep physical-system engineering layers, with a common software architecture designed to work across platforms.

The name ‘Kokasa’ is inspired by the legendary architect associated with the Kailasa Temple at Ellora – the world’s largest monolithic temple, carved top-down from a single rock. The name reflects a legacy of engineering excellence, precision and unconventional problem-solving that Kokasa aims to carry into a new generation of critical systems and autonomous technologies.

Today, Kokasa designs and develops mission-critical electromechanical and electrohydraulic systems spanning actuation, motion control, sensing, instrumentation and embedded control, giving it deep ownership of how advanced platforms sense, move and act. Building on this foundation, the company is developing autonomy and mission-system capabilities across perception, sensor fusion, decision-making, guidance and control, and real-time multi-system coordination.

By bringing engineering, software, product development and advanced manufacturing together under one roof, Kokasa aims to bridge a gap increasingly critical to modern platforms: connecting intelligence and decision-making directly to reliable physical action.

Commenting on the launch, Rahul Jain, Co-Founder at Kokasa, said, “Our vision is to build advanced technologies in India for sectors that are critical to the country’s future. India today has the engineering talent, manufacturing capability and policy momentum needed to build globally competitive systems locally. Kokasa aims to contribute to the next phase of India’s deep-tech capability.”

Kokasa is already executing indigenisation programmes across major defence platforms, including the Su-30MKI, MiG-29 and T-72 building systems where reliability, performance and supply assurance are mission-critical.

Speaking about Kokasa’s long-term vision, Snehil Gautam, Co-Founder, Kokasa, said, “Building mission-critical systems requires deep understanding and ownership of the technology layers within them. That is why we are building capabilities from the physical layer upward, alongside a modular software architecture that can work across systems and platforms. It is exciting to see experienced scientists, researchers and engineers joining us to solve these complex problems.”

Bringing an aerospace engineering perspective to Kokasa’s mission, Vikalp Bagdi, Co-Founder, Kokasa, who has formerly worked with HAL and Textron, said, “In mission-critical engineering, getting a prototype to work is only the beginning. The real challenge is making a system perform consistently across demanding environments, qualifying it rigorously and supporting it reliably through its lifecycle. That engineering discipline is what we are building into Kokasa from day one.”

India has already built significant capability in manufacturing individual platforms and components. The next opportunity lies in building the critical systems, autonomy and system-level intellectual property that sit within and across those platforms. Kokasa’s stated ambition is to build globally competitive critical systems and autonomous technologies – engineered in India, for India and the world.