Archive: February 28, 2022

Business

The Kiehl’s Guide To Minimalist Haircare Ritual

Feb 28, 2022 by Gouri Achary 0 Comments

Haircare and skincare go hand in hand with the world trying out minimalism in every aspect of life. Kiehl’s India introduces you to the minimalistic haircare routine that is suitable for all hair types from straight to curly and oily to dry scalp.

Treat your hair with a nourishing mask that has the goodness of sunflower. During your hair wash enrich your tresses with moringa tree oil in the Damaging and Rehydrating Shampoo or add volume to them with the Rice and Wheat Volumizing Shampoo. End this haircare rejuvenation with conditioners that suit your hair type from Amino Acid Conditioner that has the goodness of coconut and jojoba oil that tames your hair or nourish them with oil fruit oil, avocado oil and much more in the Olive Fruit Oil Nourishing Conditioner.

Sunflower Color Preserving Deep Recovery Pak

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A restorative mask for colour-treated hair. “Nurture and fortify hair with our moisturizing mask for colour-treated hair. Formulated with Sunflower Oil and Apricot Oil, this hair mask also has a UV-protective filter. With a shielding barrier, this efficacious hair mask helps protect hair to extend its vibrancy and boost shine and manageability.

Damage Repairing & Rehydrating Shampoo

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Cleanse, nourish and repair your hair with Kiehl’s hydrating shampoo for damaged hair. Infused with Moringa Tree Oil, an oil used in beauty rituals since Ancient Egypt, this strengthening shampoo is uniquely formulated for very dull, dry and damaged hair caused by physical stresses, chemical processing, and heat styling.

Rice and Wheat Volumizing Shampoo

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This lightweight shampoo is made from a beautiful blend of naturally-derived proteins and poly-sugar to revive and add lustre to thin and lifeless hair. Kiehl’s chemists have employed the latest haircare science-a volumizing complex that coats the hair to impart a healthy, thicker appearance and vitality. Then combined with the long relied upon benefits of Rice and Wheat Proteins, which enhance the fullness and body of hair without stripping them of natural lipids. Further added to it are Pure Honey and conditioning extracts of Jojoba Seed and Rice Bran, making sure that this lightly foaming shampoo cleanses hair and leaves no heavy residue behind so they look and feel healthier with a fuller and thicker appearance.

Amino Acid Conditioner

Kiehl_s-_Amino_Acid_Conditioner

Leave hair shiny and healthy-looking with this daily hair conditioner. Our gentle hair conditioner with Coconut Oil, Jojoba Oil and Amino Acids, smoothes onto the hair with a light and creamy texture. Improve hair’s manageability and boost shine with this daily hair conditioner.

Olive Fruit Oil Nourishing Conditioner

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Detangles and helps restore a healthy look to hair, leaving it smooth and shiny, without weighing it down. Contains Olive Fruit Oil, Avocado Oil, and Lemon Extract, to hydrate, lock in moisture and promote shine.

 

 

 

Business

OnSpot Solutions at 4X growth trajectory, announces an aggressive roadmap in Pharma and FMCG Industries

Feb 28, 2022 by Rekha Nair 0 Comments

Mumbai, 28th Feb 2022: OnSpot Solutions, one of the fastest-growing SupplyTech firms dealing in anti-counterfeit solutions and supply/distribution chain management, announced its one-year growth plan in India. As a part of its plan, OnSpot intends to place a strong emphasis on the FMCG and pharmaceutical sectors, expand its product portfolio & extend into newer geographies.

OnSpot Solutions has patents in the United States and India for its cloud-based technology, which allows the end-user to check the authenticity of a product in real-time. Employing advanced, real-time and user-friendly technologies, end consumers and the parent brand can verify the authenticity of the product at the point of purchase. The patented technology provides brands with protection against counterfeiting and allows the brand to get a bird’s eye view of the supply/distribution chain. Additionally, the technology creates a unique communication channel between brand and consumer by offering a host of value propositions, product educational material and tips, incentive and reward programs, as well as many other elements designed to engage the consumer per industry or product.

In India and the United States, OnSpot works with over 20 organisations and numerous significant clients. Since the pandemic, the brand has had a 4X growth trajectory by utilising the unique Onspot framework for businesses across industries. Next-generation technologies, such as artificial intelligence (AI), will push Onspot’s propositions and assist companies not just in minimising logistical challenges, but also in identifying and forecasting prospective sales situations based on market and customer behaviour. In other words, Track, Trust & Trend.

Speaking on the plans, Mr. Lokesh Harjani – CEO & Founder, OnSpot Solutions, said, “Since the outbreak of the pandemic, there has been a rapid rise in counterfeit products. Sectors like Pharma and FMCG have been highly prone and affected by counterfeiting. The most dangerous, of course, is counterfeiting in the pharmaceutical industry. As per the recent study, 25% of the medicines available in the Indian Market are fake or counterfeited. The government is making efforts to curb counterfeits, and this is where Technology like ours will help curtail this problem.”

As part of its next steps, OnSpot Solutions shall focus on aggressive core product expansion, research and development, and a comprehensive suite of products for all business segments with focus specifically for the Pharma, FMCG industries, electrical and automotive (lubricants and spares), segments.

Business

Coromandel International supports the natives for a livelihood on the initiative – Driver for decent lifestyle

Feb 28, 2022 by Gouri Achary 0 Comments

Chennai, 28, February 2022: Periyakuppam and Chinnakuppam are the neighbourhood of Coromandel International Limited, Ennore. Marine fishing is the major occupation of these two habitations. Motorized boats are the major source of income to the small and marginalised fishermen living in these hamlets and facilitate them running decent lifestyle by having their own boat with an investment of Rs. 3 Lakhs including fibre boat, engine, fishing net, etc.

During FY 2021-22, CIL, Ennore distributed 10 boat engines to both Periyakuppam and Chinnakuppam to support the motorised boat owners to replace their damaged engines. The recent slowdown in the local economy affected greatly in fishermen’s life resulted in a series of lockdowns for Covid.

Background of the project: Since the boat engines are exposed to salt air and water, corrosion and damage is common phenomena. Each boat owners have to change their engines once in three years, for this, they look for new engines at a subsidised rate from the state Fisheries department (Beneficiary contribution 60% Govt. subsidy is 40%). Per engines cost Rs. 72,000/– Model: Greeves 3510 (10HP) Marine Diesel Engine with stainless steel power pole assembly.

Project details:

To supplement the initiatives of the state fisheries department, Coromandel International Ltd. distributed 10 boat engines at full subsidy to the marine fishermen in Periyakuppam and Chinnakuppam through the Corporate Social Responsibilities (CSR) initiative under the sustainable livelihood development category. It reduces the time for waiting for subsidy from the state Govt. and facilitate the newcomers to get into fishing activities without much struggle.

This initiative helps them to rescue from being trapped in the hands of moneylenders (2 to 3% interest).

Beneficiaries on this initiative: Mr. S. Mani aged 62 from Periyakuppam in a month could make an average of Rs. 25,000 to 30,000 for family income. this initiative saved the family from debt and rescued them from the burden of the high rate of interest from local moneylenders.

Words from Mr. S. Mani “If this scheme wasn’t initiated, he might have stopped fishing from his boat and might have joined in different boat as wage worker. Now my son and myself making the bread from our own boat because of CIL, Ennore boat engine project.”

Health

Doctors at HCG Cancer Hospital Bengaluru successfully treat a 14-year-old suffering from rare Nasal tumor

Feb 28, 2022 by Gouri Achary 0 Comments

Bengaluru, February 28, 2022: 14-year-old Riaz (name changed) from Murudeshwar had dreamed of watching his favourite cricketer and cheer for him during an IPL match. However, his dream seemed short-lived when he was diagnosed with Angiofibroma, a rare type of nasal tumour or a massive nasal mass that obstructs the airway, thus making it difficult for him to breathe at the age of 12. It also grew into his brain and eye, wrapping itself around critical structures. He also had recurrent bleeding from his nose and facial disfigurement due to the tumour inside his nose.

Riaz, prior to consulting at HCG Hospital, Bangalore had already undergone an open traditional surgery to treat Angiofibroma previously at one of the medical colleges in the city to remove the tumour. However, the tumour was not completely excised, resulting in recurrence of the growth, coming back with a vengeance and entering every space in the skull. Riaz’s MRI report showed that the tumour had occupied almost half of his skull.

Explaining the rarity of Riaz’s condition, Dr. Gaurav Medikeri, Surgical Oncologist, HCG Cancer Hospital Bengaluru shared, “Angiofibroma is a rare breed of tumour that accounts for only 0.5% of all head & neck tumours. It is predominantly formed of blood vessels and fibrous tissue in varying quantities making this a very vascular tumour and difficult to operate. These tumours are locally destructive and enter into various crevices of the skull base and reach inside the skull and eye from thereon. Such extensive growth of the tumour makes surgery extremely challenging as the tumour is now in close proximity to some very critical structures such as the Internal Carotid Artery (the main artery supplying the anterior and mid part of the brain), the optic nerve which carries vision from the eye to the brain, muscles of the eye, cranial nerves and brain itself. Unfortunately, these tumours present in pubescent boys in their early teens.”

At HCG, after initial imaging and anesthetic clearance, Riaz was taken up for surgery and the tumour was removed completely after a 9-hour Endoscopic Skull Base Surgery. The is a form of minimally invasive surgery that is carried out with an endoscope at the level of the skull base and was performed without a single cut made on the patient’s face to remove the tumour. The doctors used innovative instruments such as the Coblator to prevent excessive bleeding and remove the tumour completely. The challenge during the surgery was the presence of the tumour at the nostril level itself. Earlier, this would have been a contraindication for the endoscopic approach. However, with the invention of the Coblator, surgeons can now cut through the tumour with lesser bleeding, allowing them to resect the tumour into smaller segments and remove each segment separately. This particular tumour had been divided into seven segments.

Explaining Endoscopic Skull Base Surgery, Dr. Gaurav Medikeri further added, “The most critical part of the dissection was at the level of the right cavernous carotid artery where the tumor was hugging the carotid around 180 degrees. The tumor was peeled off this huge vessel, slowly and gently taking care not to tear the vessel at any point, since that would lead to catastrophic bleeding and stroke or possible death. The other area, which is critical, is the dissection of the tumor inside the eye, which again should be done slowly. Endoscopic surgery has changed the game these days. Patients have to stay in hospital for shorter periods, lesser or almost no ICU stay and the morbidity is negligible to say the least.”

Riaz was in the ICU for observation for a night and the next day he was shifted to the ward for further monitoring. He was discharged without any complications. Today, Riaz is a happy child living out his teens completely tumour-free and enjoying his life like a teenager. Since Riaz’s family could not afford the surgery, HCG raised money for them through fund-raising organizations and partially funded the surgery.

“We would like to thank Dr Gaurav and all the doctors and staff here at HCG Cancer Hospital for saving my son’s life. The hospital helped us in a great way by waving off huge amount of treatment costs and helping us in raising funds for the treatment. We are happy to see our son leading a normal life” said the patient’s Father.

Before and after images of the case of a massive Angiofibroma in a 14-year-old which was completely excised with endoscopic skull base surgery and use of Coblator.

Business

Startups to lease 29 million sq ft of space during 2022-24; amongst the fastest growing occupier sectors: Colliers – CRE Matrix

Feb 28, 2022 by Gouri Achary 0 Comments

Gurugram, 28 February 2022 – Leading diversified professional services and investment management company Colliers (NASDAQ and TSX: CIGI) released its joint report with CRE Matrix, ‘Startups Scale Up’, stating that startups are expected to lease about 29 million sq feet between 2022 to 2024, a 1.3 times increase from the 2019-2021 period.

The demand will be led by fintech and logistics startups as they have gained momentum post-pandemic due to increased digital adoption and e-commerce boom, and hold a healthy pipeline in potential unicorns list. Additionally, increased digital adoption, availability of a deep talent pool, favourable government policies and funding options from venture capitalists are steering the growth of startups.

Leasing by startups in mn sq ft

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Source: CRE Matrix, Colliers

Data pertains to all grades; New leasing does not include renewals

“Increased entrepreneurship and rapid growth of startups have been one of the most remarkable trends in Indian office space. Startups are the fastest growing occupier group among other occupier groups, and currently occupy 10% of the office space. This has created numerous opportunities for office space providers to rethink and reposition their workplace offerings to attract a diverse set of occupiers. As startups pick up the pace, landlords need to consider the business life cycle and work preferences of the startups to capture the real estate demand from startups to drive more value.” Said, Ramesh Nair, CEO, India & Managing Director, Market Development, Asia, Colliers.

“About 30 mn sq ft office space in India is occupied by co-working or flex players. We believe a large share of this is occupied by start-ups. Therefore, anecdotally, start-ups currently occupy more than 49.7 mn sq ft. Our internal forecasts peg the start-up’s occupancy to be about 78 mn sq ft of office space + 20-22 mn sq ft in flex spaces by 2024, totalling to about 100 mn sq ft by 2024. Within this start-ups segment, the Fintech niche aces all others as the leader in terms of the number of start-ups occupied by office spaces and growth. We anticipate other sectors such as Ed-tech, Logistics, Healthtech, Proptech to catch up soon.” said, Abhishek Kiran Gupta, CEO & Co-founder, CRE Matrix.

Occupier share growth trends (2010 and 2021)

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Source: CRE Matrix, Colliers

Notes – Occupiers have been categorized in the following buckets –1. Fortune 500 Global Companies 2. Fortune 500 Indian Companies 3. Other Global Companies 4. Other Indian Companies 5. Startups – defined as an organization a. registered with DIPP as a startup b. established within the last 10 years and not a part of any other conglomerate or not a subsidiary of a non-startup company within a specific paid-up capital range.

Bengaluru top startup hub, followed by Delhi-NCR

Bengaluru remains the top startup hub with a 34% leasing share during 2019-21, with Koramangala, HSR and Indiranagar being the preferred locations for startups. A well-developed ecosystem, deep technology talent, and a culture of entrepreneurship are major factors attracting startups here.

Delhi-NCR is amongst the fastest-growing market in terms of leasing by startups. Delhi-NCR witnessed a three-fold increase in leasing by startups during 2021 on a YoY basis. The region benefits from being a catchment for education institutions in North and East India, and strong infrastructure.

Mumbai has seen certain pockets of startup activity over the years. However, relatively higher rentals and high cost of living are often seen as deterrents by early-stage companies.

While metro cities remain the core hubs for startups, non-metro cities are seeing growth in startup leasing as well as flex space take-up due to the low cost of living, reduced CAPEX and work from anywhere trends. Emerging hubs such as Jaipur, Ahmedabad, Indore, Coimbatore are likely to witness a rise in flex space and startup occupancy as entrepreneurs are increasingly leveraging these locations to launch operations.

Plug and play office providers to benefit as startups eye on NextGen office spaces with flexible lease terms

Office space providers need to adapt to cater to the needs of start-ups and their workplace preferences. As startups focus on creating a collaborative culture, demand for well designed, fully managed spaces will increase. Flexible lease terms, minimal lock-ins and security deposits will also be an important parameters for startups while leasing space. This will create ample opportunities for flex space providers in metro and non-metro cities. Affordable locations close to city centres with expansion options are likely to be preferred by startups.

“Government’s push towards digitization and ease of doing business has provided a big boost to the startup ecosystem. The sector has also piqued the interest of investors that has helped the segment scale up creating numerous opportunities in office space. In the years to come, we will see a lot of changes in workplace designs with more focus on space design, amenities, technologies and customization.” says Vimal Nadar, Senior Director and Head of Research, Colliers India.

The last three years have seen significant activity in leasing by startups. Continuing this momentum, startups are likely to occupy 78 million sq feet of office space by 2024, accounting for 13% share from a mere 2% share in 2010. As of 2021, while global companies continue to dominate Indian office space occupying more than 60%, the growth of startups has been highest, currently occupying a sizeable share of 10%.

Education

Billabong High International School launches New Primary School Curriculum

Feb 28, 2022 by Rekha Nair 0 Comments

Mumbai: In line with a value system of fostering a love for learning, Billabong High International School (BHIS) is set to launch an all-new curriculum for the primary school called BHIS 2.0. The BHIS 2.0 Curriculum has been designed based on the 4 core pillars: Design thinking, Social-emotional learning, 21st-century skills, and Enquiry-based learning.

This curriculum will transform the way ‘Primary Schoolers’ learn and understand concepts. Students from Grade 1 to Grade 8 will experience this new curriculum in the upcoming academic year 2022-2023.

The new primary school curriculum has been designed to provide young students early exposure to 21st-century skills and to give them a global perspective. Enquiry-based learning allows learners to better understand and recall concepts by actively engaging with them and making connections. Design Thinking, on the other hand, is a creative approach to problem-solving. Social-emotional learning teaches students crucial life skills, including the ability to understand themselves, develop a positive self-image, among others. Not only these skills will help learners to be successful in all areas of formal school, but these skills are also necessary for a person to adapt and thrive in an ever-changing world.

Another crucial pillar of the BHIS 2.0 curriculum is ‘Technology’ – BHIS is set to launch a completely revamped digital learning ecosystem ‘ARGUS’. This platform will provide innovative tools for learning, concept revision, and subject-wise analysis and tracking. It will enable personalized learning tailored to the pace and the style of each child, ensuring meaningful learning.

Vaishali Sharma, Head, K12 Curriculum Development, Lighthouse Learning Pvt Ltd, said, “I strongly believe that learners should have active participation in learning and must take ownership. An ideal curriculum succeeds in activating learners’ curiosity. This exactly reflects in our curriculum which is based on Enquiry-Based Learning, Design thinking, and an innovative approach to problem-solving. We focus more on the why’s than what and how.

Our curriculum also includes implicit academic, social, and cultural messages for children in the form of Social- Emotional Learning (SEL) that not only have a long-term effect on learners but also empower them academically, professionally, and socially. It enables them to cope up with everyday challenges.”

Commenting on the launch of the new curriculum, Rahul Deshpande, CEO, K12 Division, Lighthouse Learning Pvt Ltd, said, “The future is full of opportunities. We are in the digital age and now is the time to equip our children with the right tools and resources to be independent and confident adults. Everything we do at Billabong High International School is directed at constantly aiding children ‘how to think’ v/s ‘what to think’. We want our children to be able to creatively assess situations, analyze data and build insights and come up with their own creative solutions to the challenges that we may put up before them. The Curriculum team has done a commendable job in translating these objectives into meaningful lesson plans and structures. At the core of all preparedness is technology-based learning. Technology is and will increasingly be a part of our lives and we wish to encourage our students to embrace it early on, so that technology to them becomes an enabler to their success.”

Curriculum Highlights: 

Language & Literature: In addition to international authors, stories of Indian authors will be given prominence in English literature which include Ruskin Bond’s The Blue Umbrella, Sudha Murti’s The Lost Temple, and works like the biography of Dr APJ Kalam among others. There will be a renewed focus on Hindi and Marathi (language and literature) in line with the New Education Policy.

· Technology: Learners will be encouraged to be more tech-savvy. They will be able to revise concepts and check their understanding of the same on ARGUS.

· Maths Lab: Mathematics will move from ‘worksheet-based learning’ to ‘concept-based learning’ under Maths Lab activities and experiments. The purpose is to connect students with real-life through an innovative learning approach.

· Global Perspectives: Several topics that impact the world will be part of global perspectives. This will widen the worldview of students and make them empathetic towards challenges, cultures, innovations, and situations faced around the world and broaden their perspective.

Education

National Talent Search Examination (NTSE) Stage II Results 2020-21

Feb 28, 2022 by Gouri Achary 0 Comments

FIITJEE Centers in Delhi have performed exceptionally well with 92 Classroom / Integrated School Program students who have been awarded NTSE Scholarships.

FIITJEE Centers in Delhi have a dominant share of 76.09% in Delhi State.

FIITJEE students from Classroom / Integrated School Programs have also dominated in NTSE Stage II Results in 2020-21 in Jharkhand, West Bengal, Bihar, Uttar Pradesh, Odisha, Goa, Tamil Nadu, and Telangana states, contributing to a major share by any coaching institute in the respective states. With a highest percentage share of 100% (10 Students) from Jharkhand, 76.19% (32 students) from West Bengal, 62.5% (10 students) from Bihar, 60.26% (47 students) from Uttar Pradesh, 57.89% (22 students) from Odisha, 100% (1 student) from Goa, 52.11% (37 students) from Tamil Nadu, and 50.00% (12 students) from Telangana. All the meritorious students have yet again given a reason for FIITJEE to be proud of.

Business

The Kaftan Company grows by 200% in the pandemic Era

Feb 28, 2022 by Gouri Achary 0 Comments

The Kaftan Company, India’s most recognized brand for Kaftans, has grown by 200% in the last two years. Established by Prakruti Gupta, and Navin Rao in 2016, the company aims to provide global buyers with the widest range of loungewear and kaftans through design innovations, and adherence to sustainable practices. The growth can be attributed to innovation and the great customer experience provided by their Kaftans.

The Kaftan Company uses digital printing and natural fabrics to reduce waste generation and the overall carbon footprint of the manufacturing process. The founders believe in sustainable fashion and take various steps, starting from design developments to production and dispatching, to ensure that all three dimensions of sustainability are achieved to the maximum – environmental, social and economic.

The founders have also built an enterprise that has inclusivity and women empowerment at its core with an 80% female workforce. While The Kaftan Company is already present on leading online platforms in India, and local markets in UAE and Botswana, their aim is to establish a global footprint with physical outlets in different cities and countries in the years ahead.

Business

KTM conducts Adventure Academy in Delhi NCR

Feb 28, 2022 by Gouri Achary 0 Comments

New Delhi, 28th Feb 2022: KTM, the world’s #1 & India’s fastest growing premium motorcycle brand, conducted the KTM Adventure Academy in Delhi NCR on 27th Feb 2022.

KTM Adventure Academy is aimed at impacting crucial trail riding & off-roading skills to the owners of the KTM Adventure range. The closed-circuit program is specially designed under the guidance of KTM International Athletes and is anchored by KTM’s Master Trainers. The participants were awarded with a Bronze Level certification for clearing the single-day training program.

This edition of the Adventure Academy was conducted at Throttle Shrottle Moto Ranch, Delhi NCR. The event, aimed at delivering an exciting, premium, and the pro-biking experience was met with an overwhelming response. The program was attended by KTM Adventure customers from Delhi NCR, who went through multiple drills to sharpen their off-roading skills and discover the adventurer in them, all under the guidance of KTM Master Trainer – Phillippe Geelhand and his team of experts.

KTM Adventure Academy is conceptualized with the purpose of spreading the culture of Adventure riding amongst the Indian riding community. The event promises to engage experienced riders with some of the best off-roading drills & rides while beginner riders get an opportunity to make their first move towards developing their skills off the tarmac. At the event in Delhi NCR, customers were trained on the theory of bike setup & controls, bike lifting, postures, long-distance tour planning and also improved their ride skills through multiple drills like slalom, hill recovery, the figure of 8, power turns, etc.

Adventure Days will be conducted regularly in top cities across the country over the next few months.

Delhi Adventure Academy - Pic 2

Adventure Days also features a masterclass by distinguished Master Trainers and certified off-road experts. The Master Trainers have established riders and specialists for trails and tarmac. They will be the guiding force behind this property and will be responsible for training a team of KTM experts, curate these events & join the owners to share their skills & learnings. KTM has roped in prominent names like Nilesh Dhumal- Head trainers for Big Rock Dirt Park, Ouseph Chacko – Founder & Instructor at School of Dirt, Philippe Geelhand – Founder & Instructor at PP Adventure Rides and Varad More – Trainer at 21 Enduro Park as the Master Trainers.

Speaking on the occasion Sumeet Narang, President (Probiking) at Bajaj Auto Ltd. said “KTM is the most loved European motorcycling brand among the biking enthusiasts in India and we would like to provide world-class pro-biking experiences to our customers. The KTM 390 Adventure and KTM 250 Adventure have seen a phenomenal response since their launch and hold the promise of offering a truly capable and versatile adventure tourer to biking enthusiasts. When customers buy a KTM Adventure, they would not only get an outstanding machine but also access to exclusive adventure riding events which have been specially curated by certified off-road experts as per the International curriculum of KTM. We are delighted to announce KTM Adventure Academy which gives an opportunity for all our owners to learn essential techniques of trail & off-road riding, which will help them get more out of their KTM Adventure bikes.

Since its entry into India in 2012, KTM has grown its presence to over 365 cities & 460 stores. KTM has built a strong customer base of over 3.1 lac biking enthusiasts in this short period of time making India the largest global market for KTM.

You can know more about the upcoming KTM Adventure Academy event on KTM India’s social handles.

KTM India:

KTM India Website: https://www.ktmindia.com/
KTM Pro-XP Website: https://www.ktmindia.com/pro-experience
YouTube – https://www.youtube.com/user/KTMIndiaOfficial
Instagram – https://www.instagram.com/ktm_india/

Business

Servotech & JSG enters into a formal association to achieve big in the EV space

Feb 28, 2022 by Rekha Nair 0 Comments

New Delhi: In a strategic move to take a giant leap in the EV business and contribute significantly to the nation’s progression towards the EV revolution, Servotech Power Systems, as a leading manufacturer of EV chargers, Solar products, LEDs, Oxygen Concentrators and UV-C disinfection devices, associates with JSG Group, a renowned entity engaged in the manufacturing of superior-grade automotive accessories and component.

With agreement on standard practices and key decisions on several fronts during the high-level talks between Servotech and JSG, the companies announced a formal association. Being a pioneer in the integration of cutting-edge technology and modern-age innovations for developing advanced solutions, Servotech through this strategic alliance with JSG aims to hit new milestones in the EV business and concentrate on devising new strategies and action plans. Besides cooperation on critical and crucial aspects, both organisations have committed to extend unconditional support, exchange data insights for product quality enhancements.

“We are thrilled about the association with JSG to roll-out our advanced EV chargers and undertake installation projects. The association would help us emerge as a leading OEM within the automobile industry,” said Raman Bhatia, Promoter & Managing Director, Servotech Power Systems Ltd.

Having initiated the manufacturing of smart tech-driven innovative EV chargers for installation at various EV charging stations across the country, Servotech while recently marking its entry into the EV space informed about being in talks with various bodies for identifying promising roadmaps and approaches for initiating the establishment of EV charging tech infrastructure nationwide.

Commenting on the new alliance with JSG, Sarika Bhatia, Whole Time Director, Servotech Power Systems stated, “We take immense pride in associating and aligning our objectives with JSG as our principles of contributing to society are central to our success and achievements.”

As Servotech presently gears up its tech apparatus to level-up the production capacity of its EV charging equipment, the association with JSG would result in significant product quality upgrades and enhancements.