All posts by Praveen

The Trans Employment Mela 2024 witnesses remarkable growth

New Delhi, March 29, 2024: The second edition of the Trans Employment Mela 2024 witnessed remarkable success, with over 227 candidates from the transgender community participating. The recruitment is set to increase by 100% compared to its inaugural edition in 2023. Hosted by The TWEET Foundation and InHarmony, in collaboration with the Ministry of Social Justice and Empowerment (MoSJE) and the National Institute of Social Defence (NISD), the event was held on March 22nd, 2024, at The Welcome Hotel by ITC in New Delhi.

The Trans Employment Mela 2024 witnesses remarkable growth

Mr. Ankit Srivastava, Undersecretary, Ministry of Social Justice and Empowerment, Dr. R. Giriraj, Deputy Director (T&B) National Institute of Social Defence and Acharya Mahamandaleshwar Dr. Laxmi Narayan Tripathi honored the event with their presence and officiated the inauguration. The event was graced by esteemed corporate dignitaries including Param Kaur, Director, Global People Shared Services, Publicis Sapient; Vieshaka L Dutta, Senior Director of Diversity, Equity, Inclusion, India and APAC, Publicis Sapient; Bhawna Choudhary, Vice President of Group HR at RJ Corp: Akshay Tyagi – Head-Diversity, Equity & Inclusion, India and APAC, Publicis Sapient; Shiv Shanker, Head HRBP, West Bokaro Division, Tata Steel, Ashish Srivastav, Associate Director EY Foundation. Publicis Sapient proudly served as the Platinum Sponsor for the second time in a row, while Varun Beverages Limited graciously sponsored as the Gold Sponsor at the Trans Employment Mela 2024.

More than 20 companies, including notable names such as Procter & Gamble, Varun Beverages, Vedanta, Capgemini, Deloitte, Shopper’s Stop, Publicis Sapient, Ericsson, EY Foundation, Accenture, The Lalit and Roop Auto, actively engaged, reaffirmed their commitment to transgender inclusion and empowerment. Attendees also took part in meaningful interactions, interviews, and networking sessions, fostering an environment conducive to career exploration and advancement.

During the event, the TWEET Foundation unveiled the TWEET website and the Trans Health Centre, marking significant milestones in their mission to empower marginalized communities.

Dr. R. Giriraj, Deputy Director of NISD, expressed, “Events like the Trans Employment Mela offer a platform to many individuals seeking suitable employment opportunities. It is heartening to see several reputable companies participating to ensure the success of the event. NISD plays a crucial supportive role in such initiatives aimed at uplifting the transgender community. Additionally, we collaborate with the ministry to implement various innovative preventive programs for the community’s benefit. Our organization also conducts numerous awareness and skill development programs.”

Maya Awasthy, Co-CEO of the TWEET Foundation, emphasized the transformative impact of the Mela, stating, ” The Trans Employment Mela is one of the unique initiatives in this country designed for employment of transgender and non-binary persons who are often overlooked and marginalised. The transformative impact of the Trans Employment Mela cannot be overstated. It serves as a beacon of hope, breaking barriers and empowering transgender individuals to thrive in the corporate world. With each edition, we are moving closer to our vision of a more inclusive and equitable society.”

Anupama Easwaran, Founder of InHarmony, highlighted the importance of equal opportunities, stating, “The Trans Employment Mela underscores the importance of equal opportunities for all individuals, regardless of their background or gender identity. By tackling employment disparities, we are not only empowering marginalized communities but also fostering environments where everyone can contribute and succeed. Together, let’s continue paving the way towards a more inclusive future.”

Vieshaka L Dutta, Senior Director – Diversity, Equity, Inclusion, India and APAC, Publicis Sapient stated, “The trans community has long encountered significant obstacles in accessing equitable education and employment opportunities. Initiatives like Trans Employment Mela play a vital role in facilitating their integration and advancement within society through internships and job placements. As an organization deeply dedicated to Diversity, Equity, and Inclusion, Publicis Sapient proudly aligns with InHarmony and Tweet foundation in championing Trans Employment Mela’s mission to empower and uplift this marginalized community towards a more inclusive tomorrow.”

Varun Jaipuria , Executive Vice Chairman , Varun Beverages Limited said, “As a committed inclusive organization, our focus is on cultivating a work environment that embraces our diverse workforce, ensuring each individual is valued for who they are and empowered to reach their full potential.”

He further added, “At Varun Beverages Limited (VBL), we embrace and celebrate diversity in all its forms, including age, sex, gender, color, family background, marital status, language, religion, socio-economic status and more. Our leadership is committed to provide an environment of equity and meritocracy without any bias. In 2023, we embarked a journey to actively create employment opportunities for Transgender community and foster an inclusive workplace environment. As we look ahead to 2024, we are eager to build upon our progress and open more doors for employment within our manufacturing and sales functions for transgender individuals. By amplifying their voices, addressing systemic barriers, and fostering a culture of respect and acceptance, we aspire to create a workplace where all employees, regardless.”

Attendees were captivated by mesmerizing performances by Artist Rajveer, the Rainbow Troop, Lavani performance by Urmi Jadhav and poetry recitations by Ashu Bhoir and Aashay Kadam. The event also featured insightful panel discussions on topics such as ‘Don’t let educational barriers hold you back’ and ‘Nurturing sustainable trans careers at work’. Esteemed panelists included Aditya Ghosh, Co-founder Akasa Air; Ashish Shrivastav, Associate Director, EY Foundation; Akshay Tyagi, Head- Diversity, Equity & Inclusion, The Lalit; Bhawna Choudhary, VP – Group HR, Varun Beverages; Shiv Shankar, Head HRBP, west Bokaro Division, Tata Steel for the 1st Panel and Anupama Easwaran , Founder InHarmony; Dr. Amit Harshana, Director, Akeso Health; Deepak Kashyap, President and chief culture officer, Welspun Group; Abhina Aher, Technical Expert, National Council for Transgender Persons for the second panel. The panel discussions highlighted the significance of exploring innovative methods to equip trans individuals with diverse qualifications for employment. It emphasized companies’ willingness to hire from the trans community and foster diversity. Additionally, it stressed the importance of companies providing economic, social, physical, and psychological support to the community in the workplace.

The Trans Employment Mela serves as a catalyst for change, inspiring companies to adopt gender-affirming inclusive policies and cultivate gender-sensitive environments. Through ongoing dedication and collaboration, we are paving the way towards a more inclusive and equitable future for all.

Manipal Academy of Higher Education Manipal unveiled a new Bio-LC Analytical System

Manipal, 29 March 2024: In a significant stride towards enhancing research capabilities, Manipal Academy of Higher Education (MAHE) Manipal inaugurated a state-of-the-art Agilent Bio-LC Infinity II analytical system as a part of the MAHE Core Research Facility at Manipal Centre for Biotherapeutics Research. The Bio-LC system was unveiled by the honorable Vice Chancellor of MAHE Lt. Gen. (Dr.) M D Venkatesh and Pro Vice-Chancellor of Health Sciences Dr. Sarath K Rao, marking a proud moment for the institution. Dr. Vadiraja Bhat, Business Development Manager of Agilent Technologies India Pvt. Ltd., and Dr. B S Satish Rao, Director, Directorate of Research, MAHE, graced the event as guests of honor.

Manipal Academy of Higher Education Manipal unveiled a new Bio-LC Analytical System

Lt. Gen. (Dr.) M D Venkatesh urged scientists and Ph.D. scholars across disciplines to leverage this innovative facility to advance research in life sciences, health sciences, and technology. “May this cutting-edge facility not only aid our present endeavors but also lay a strong foundation for future research initiatives, fostering interdisciplinary collaboration and enabling breakthroughs that will shape the landscape of science and technology for years to come”, he further added.

Dr. Sharath Rao emphasized MAHE’s continuous efforts in investing significantly in building new research infrastructure to establish “MAHE Research Park”soon. He said, “Through our relentless pursuit of research excellence and strategic investments in advanced facilities, we are dedicated to empowering our scholars to chart new frontiers in knowledge sharing, innovation, and societal impact”.

The newly installed system boasts of bio-inert operation, ensuring minimal interference from columns and tubing, particularly beneficial for analyzing sensitive biological samples such as oligonucleotides, peptides, neurotransmitters, metabolites, and pharmaceuticals, Dr. Vadiraja Bhat announced.

Heads of the institutions and faculty members from different health sciences and technology disciplines of MAHE attended this inaugural ceremony. Welcoming the gathering, Dr. Raviraja N S, Professor and Coordinator of MCBR, expressed heartfelt gratitude to the visionary leadership of MAHE that has led to the realization of this core facility as we celebrate the “Year of Research Excellence” at MAHE. He also acknowledged the unwavering support of the scientists and researchers of MAHE from various disciplines. Dr. Souvik Dey, the coordinator of this core facility emphasized the transformative impact of the ultra-HPLC system, highlighting its enhanced performance and efficiency over conventional HPLCs.

Dr. Raghavendra Upadhya, Assistant Professor, MCBR, MAHE, delivered the vote of thanks and Ms. Aditi Khamamkar anchored the program.

The inauguration marked a proud moment for MAHE and all its stakeholders, solidifying the institution’s commitment to driving forward innovative research and setting a promising trajectory for a future of research excellence.

Vivriti Group makes its debut in participating in the S&P Global Corporate Sustainability Assessment (CSA) with a score of 44

Mumbai, 29 March 2024: Vivriti Group takes a pioneering step for Indian unlisted NBFCs by participating in the S&P Global Corporate Sustainability Assessment (CSA).

S&P Global Corporate Sustainability Assessment (CSA) is a global corporate sustainability performance benchmarking tool that evaluates a company’s performance based on the accuracy & relevancy of a company’s management of material ESG risks, impacts & opportunities supplemented by credible disclosures, media & stakeholder analysis, and modelling approaches. A consistent, rule-based methodology is applied to assess 1,000 data points that is converted into an S&P Global ESG Score measured on a scale of 0-100. The CSA cycle of FY22-23 saw a participation from over 9.4k companies across 62 industries worldwide.

Hindustan Zinc Ltd leads as the highest scorer from India at 86, while L&T Finance Holdings Ltd tops the chart in the Diversified Financial Services sector at 51. Vivriti achieved a score of 44, demonstrating a strong commitment to sustainable business while paving the way for other – NBFC’s to follow suit.

Smitha Jain Arora, Head Sustainability & Impact at Vivriti Group said, “At Vivriti, sustainability is at its core. We have taken a bottoms-up approach to integrate both ‘doing good’ through encompassing impact and ‘doing no harm’ through ESG into the very essence of our business ethos. Over the years we have strengthened our sustainability framework demonstrating our intentionality & amplifying our positive impact. Participating in the S&P CSA for the first time has enabled us to benchmark ourselves on a global platform, marking the initial strides in our enduring sustainability journey.”

Vivriti’s participation signifies its dedication to responsible financial practices and sets a new benchmark for ESG performance in the Indian NBFC space.

Chrome Asia Hospitality launches Lyla

Mumbai, 29th March’24: After successfully venturing in the boutique hospitality space with Bhumi Pednekar last year and entering the concept restaurant space with Mumbai’s most celebrated concept restaurant, Gigi, Chrome Asia Hospitality announces further expansion with its latest launch – Lyla. Spread over a massive 4,500 sq. ft. Lyla makes for a chic casual dine spot transitioning effortlessly into a cocktail bar by evening. Drawing inspiration from the vibrancy of Central America with a California soul, the space features an amalgamation of native Indian, Afro-Latin and Spanish design accents, fused with plenty of natural materials and vivid pops of colour.

Chrome Asia Hospitality launches Lyla

Talking about Chrome’s latest Mexican-Californian hotspot, Pawan Shahri, Founder, Chrome Asia Hospitality adds, “We’re thrilled to launch another F&B concept in BKC. It’s a neighbourhood we know well and have a lot of experience in. Lyla has been a passion project for us all and we can’t wait for guests to savour delicious Mexican food, cocktails and the overall atmosphere, plugging the gap for a signature all-day bar in the area. With this we have just taken the next step in our journey with concept restaurants and we look forward to unveiling more in the next few months”

With Gigi, Chrome Asia Hospitality takes another step towards its vision of dominating the concept restaurant segment and opening 12 outlets by 2025 in this segment. After launching some of the most sought-after dining destinations in Mumbai, Chrome Asia Hospitality has reported a profitable journey so far, showing valuable growth to 3X. Growing strength to strength, Chrome Hospitality also plans to focus and lay emphasis on establishing new benchmarks in the hospitality space.

Sensodyne conducts free dental camps in Bangalore to mark World Oral Health Day

29th March 2024, Bangalore: Sensodyne, a leading oral care brand from the house of Haleon (erstwhile GlaxoSmithKline Consumer Healthcare), is organizing a series of free dental camps across India from 12 th March to 31 st March 2024, as part of its #BeSensitiveToOralHealth initiative around World Oral Health Day, observed annually on March 20 th . With these camps, Sensodyne aims to educate Indians about the importance of proactive oral care and provide free, quality access to dental care.

According to a recent study, nearly 60% of Indians grapple with oral health issues 1 . However, only 5% of Indians seek proactive dental care, with no prevalent dental insurance 2 . Sensodyne is addressing this by organizing 500+ free dental camps in various cities, including rural areas.

The dental camps that will be hosted in Bangalore will address oral health issues such as sensitivity, gum health issues, cavities, and enamel erosion. Patients will also be educated on simple steps they can incorporate in their oral care routine to take better care of their oral hygiene at these camps. To generate awareness, Sensodyne has also partnered with approximately 5000 pharmacies near dental clinics across India, placing QR codes for consumers to locate nearby free dental checkup camps.

Expressing her thoughts on this multi-city initiative, Ms. Bhawna Sikka, Category Head, Oral Healthcare, Haleon India, said, “As Sensodyne, we firmly believe that oral health is fundamental to overall well-being. That’s why we’re dedicated to enhancing oral health literacy and ensuring everyone has access to dental checkups. As part of our ongoing commitment to promoting oral health education and quality oral care, Sensodyne is delighted to lead these impactful dental amps across 80 cities under our #BeSensitiveToOralHealth initiative. We aspire to empower Indians to proactively prioritize and enhance their oral hygiene through these camps and other initiatives.”

With oral health being a rising concern for Indians, Sensodyne’s #BeSensitiveToOralHealth is a month-long initiative that aims at not only educating Indians on the importance of oral hygiene, but lso enabling access to personalized free dental care. To achieve this, Sensodyne has adopted a omprehensive multimedia strategy. The free dental camps by Sensodyne are a step towards increasing access to professional dental care across India, empowering Indians to take charge of their oral hygiene.

Keydroid India Launches Limited Edition Gold Tron Smart Key

New Delhi 29th, March 2024: Keydroid India, the pioneering brand specializing in car key upgrades, has announced the launch of the highly anticipated Gold Edition Tron Smart Key. This limited edition release showcases Keydroid India’s commitment to blending luxury with cutting-edge technology, offering automotive enthusiasts a unique and personalized driving experience.

Keydroid India Launches Limited Edition Gold Tron Smart Key

The Gold Edition Tron Smart Key boasts a stunning Satin finish and is limited to just 50 numbered units, making it a coveted collector’s item. Building upon the success of the original Tron Smart Key, this exclusive edition comes equipped with an array of premium features designed to elevate the driving experience to new heights. Enhanced with a 2-year warranty and a customizable home screen, the Gold Edition Tron Smart Key allows users to personalize their device with their signature, brand logo, name, or vehicle number, creating a truly one-of-a-kind accessory. In addition to customization options, Keydroid India offers a range of color choices for the regular Tron Smart Key, starting at an affordable price of 15999 INR, with additional addons available depending on individual preferences.

One of the standout features of the new Tron Smart Key is the integration of an original Apple tracker chip, enabling users to track their vehicle using the Find My app on any iPhone or iPad. With superior touch, higher resolution, and a swipe-up lock screen to prevent inadvertent touch, the Gold Edition Tron Smart Key sets the standard for luxury and functionality in the automotive accessory market.

Rajat Jaiswal, Founder and CEO of Keydroid India, commented on the launch, stating, “With the Gold Edition Tron Smart Key, we aim to redefine the relationship between drivers and their vehicles, offering not just a key, but a symbol of sophistication and individuality. Each meticulously crafted key embodies our passion for excellence and attention to detail, ensuring that every journey is accompanied by a touch of luxury. We are immensely proud of this milestone achievement, made possible by the dedication and expertise of our team, as well as the unwavering support of our valued customers. As we continue to innovate and expand our offerings, we remain committed to delivering exceptional products and experiences that exceed expectations.”

Keydroid Smart Keys utilize state-of-the-art chipset technology, mirroring the setup of modern mobile phones. Utilizing Bluetooth for auto functions and RF for security operations, the Tron Smart Key incorporates a unique key-bridge to seamlessly connect to the existing car PCB, ensuring compatibility with push-button start vehicles. For non-push-button start vehicles, Keydroid India offers installation services to equip cars with a complete push-start setup, requiring only one key of the car for installation.

Keydroid’s commitment to excellence extends beyond product innovation, with a growing network of dealerships spanning across India. With locations in Delhi NCR, Sanand, Hyderabad, Bangalore, Chennai, Kolkata, Vizag, Cochin, Mehsana, Sanand, and Kanpur, customers can experience firsthand the unparalleled quality and service that Keydroid India has to offer.

Arika Singh Wins at National Fame Awards 2024, Bags Trophy for Tarot and Astrology

Arika Singh - National Fame Awards

Spiritual guidance and divination influencer Arika Singh is the founder and creator of Divine Empress Vibes, having journeyed from Beauty, Fashion, & Lifestyle Influencing to tarot card reading, psychic healing, and astrology. She was honored with the prestigious National Fame Award 2024 recently held at the Club, Mumbai, winning the trophy for Excellence in Tarot Card Reading & Astrology. The award was presented to her by Dia Mirza.

Upon receiving the award, Arika Singh said, “I’m truly honored to receive this spiritual award; it’s a testament to the invisible threads that connect us all in the pursuit of higher knowledge and compassion. This accolade fuels my passion to delve deeper into spirituality and serve as a beacon of light, hope, and inspiration to others.”

A natural-born psychic, Arika has earned her reputation through accurate predictions, garnering numerous testimonials from satisfied clients. However, her path in spiritualism and divination was not predetermined. Arika discovered her path through an innate calling. Arika invested time and effort into mastering the craft and overcoming doubts and fears.

Born on the 7th, the most spiritual number in astrology, she is considered an old soul, a Starseed, and a Lightworker. Formerly immersed in marketing and social media, Arika’s destiny turned to spirituality, leading her to create Divine Empress Vibes, where she has impacted the lives of over 50,000 global clients. What started as a personal exploration soon transformed into a mission to provide guidance, healing, and empowerment to others.

Recognized as one of India’s top 10 tarot card readers, Arika has become a source of ageless wisdom on social media platforms. Arika possesses expertise in a diverse range of divination tools and spiritual services. She is highly skilled in various spiritual practices, including Tarot Card reading, candle magic healing, astrology, Angelic Reiki healing, Runes reading, and Akashic Records reading. Notably, Arika is also a Ph.D. candidate in tarot reading, showcasing her commitment to advancing the field of divination.

Arika’s journey into spirituality deepened during two significant spiritual awakenings triggered by the loss of both her parents within 1.5 years. This period of introspection led her to delve into Tarot, Astrology, Numerology, Candle Magic, and connecting with the Divine. Arika’s personal growth and continuous learning have fueled her commitment to helping others unlock their true potential through tarot readings and spiritual guidance.

Arika’s online presence, marked by daily videos on Instagram and YouTube, went viral, attesting to the resonance of her content with a vast audience seeking spiritual guidance. Her readings provide empowerment, comfort, and emotional connection for her clients. Her journey, marked by challenges that would daunt the strongest, is a testament to her resilience. Just like the legendary phoenix, Arika’s life journey has been one of rising from the ashes, inspiring others to embrace challenges as opportunities for growth.

Arika’s mission extends beyond providing readings; she aims to instill hope and positivity in those she touches. Her wisdom, drawn from diverse spiritual teachings, emphasizes the power of self-perception, the law of attraction, and the transformative potential within everyone. In a world where challenges abound, Arika Singh is a guiding light, illuminating paths and empowering others to create their destinies. With a heart fueled by compassion, an unwavering spirit, and a wealth of spiritual knowledge, she leaves an indelible mark on those she encounters.

Social Beat sweeps five awards at AgencyCon Indian Agency Awards

Social Beat, a leading digital marketing agency, bagged five awards at the AgencyCon Indian Agency Awards. Social Beat won five key categories including two Gold Awards for Content Marketing Agency of The Year and Agency of the Year South and Silver Award for the Performance Marketing Agency of The Year. Co-founder of Social Beat Mr. Vikas Chawla won the Agency Head / CEO of The Year Award and Mr. Pavan Ramchand, CHRO, Social Beat won the HR Professional of The Year Award at a glittering ceremony held recently in Mumbai.

On winning the awards, Vikas Chawla, co-founder of Social Beat said, “Being recognized with these awards is a testament to the dedication and talent of our team. We are immensely proud of their creativity, expertise, and professionalism with which we scale the brands we work with.”

Suniel Chawla, Co-Founder, Social Beat(1)

Suneil Chawla, co-founder of Social Beat, added, “As we celebrate our achievements, in this case an unprecedented 5 awards, we remain committed to our mission of driving business outcomes for the brands entrusted to us to grow revenues and market share.”

With a 300+ strong team of digital experts across Bengaluru, Mumbai, NCR, and Chennai, Social Beat is India’s fastest-growing independent digital marketing solutions company managing 4% of digital media investment in India. Social Beat has set a new benchmark for managing Rs. 900 Crores of digital media spending. As a Google Premier Partner, Facebook Business Partner, and trusted collaborator with industry giants like Salesforce, Hotstar, Amazon, and Linkedin, Social Beat is committed to leveraging strategic partnerships and solutions to empower brands and foster growth.

List of Awards Won by Social Beat at Indian Agency Awards

Gold – Agency of the Year – South

Gold – Content Marketing Agency of The Year

Silver – Performance Marketing Agency of The Year

Agency Head/ CEO of the Year – Vikas Chawla

HR Professional of The Year – Pavan Ramchand

A tribute to the Agency Life, Untold Stories, and Unsung Heroes who run the show, the Indian Agency Awards recognizes the outstanding contributions from Advertising/Creative, Digital, Integrated, and Performance Agencies. Indian Agency Awards is not just about that one Hero Campaign of the year but the hard work, dedication, and toil that goes behind building brands, driving performance, and achieving set objectives through the year. The AgencyCon Summit acts as a shared knowledge platform for Agency Leaders and Professionals to learn, unlearn, and relearn the dynamics of Agency Trade.

1,000+ Co-living and Hostel Facilities in Karnataka and Tamil Nadu onboards ‘CRIB PLUS’ Property Management App

Bengaluru, March 28, 2024CRIB Property Solutions, a pioneering startup based in Bengaluru, has successfully onboarded over 1,000 co-living spaces and hostels in Karnataka and Tamil Nadu onto their app. Nationally, CRIB’s mobile app is utilized by over 1,000 landlords with 2,500+ properties, managing over 150,000 beds and generating a rental income of over Rs 2500 crores.

CRIB is spearheading a transformative shift in the operational dynamics of co-living spaces, hostels, and similar accommodations across the country, with a significant presence in Karnataka and Tamil Nadu. With its robust and efficient solution, CRIB is not only benefiting property owners and operators but also proving to be invaluable for tenants.

CRIB’s software applications are meticulously designed to optimize property management, offering a cost-effective, seamless, and expedited experience for all stakeholders. The CRIB app aids property owners in efficiently managing tenants, rent collection, vacancy monitoring, tenant communication, and other essential functions. Notably, the cost of managing per bed is less than Rs 100 per month and can further reduce to around Rs 50 per bed for larger setups, making it an economically attractive solution for property owners.

Sunny Garg, Co-founder of CRIB Property Solutions, emphasized, “CRIB is revolutionizing the operational landscape of co-living and hostels in Karnataka and Tamil Nadu. Our objective is to provide a comprehensive solution that not only streamlines property management but also enhances the living experience for tenants. The overwhelming response from businesses and property owners underscores the significant impact CRIB is making in this industry.”

Property owners and operators are reaping substantial benefits from the CRIB app, as it not only modernizes property management but also proves to be cost-efficient and user-friendly.

Shashank Reddy, founder of Sugathi Hometel, which operates multiple co-living spaces and hostels with approximately 500 beds under management, expressed gratitude to CRIB for simplifying their work processes.

Reddy stated, “After using CRIB, our work has become remarkably simple and convenient. Everything we need is available in one app, such as monthly rent reminders, collection records, reports, and much more. This enables me to manage my properties with ease, and the app is very intuitive, making it easy for anyone to adapt to it with just a few days of training.”

As the demand for improved living facilities and co-living setups continues to surge, CRIB is playing a pivotal role in assisting service providers in upgrading and aligning with the evolving expectations of tenants

Wipro GE Healthcare Announces Investment of Over INR8000 Crores in Manufacturing Output & Local R&D Over Next 5 Years

Bengaluru ,March,2024: Wipro GE Healthcare, a leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator, today announced an investment of over INR8000 Crores in manufacturing output & local R&D over next 5 years. Poised for exponential growth, MedTech, the Sunrise Sector is thriving with the hospital industry in India, accounting for 80% of the total healthcare market and witnessing strong investor demand locally and globally. This strategic investment bolsters Wipro GE Healthcare’s local manufacturing footprint to address the growing domestic and international market and will build supply chain resiliency for the organization. As a part of this investment, the Wipro GE Healthcare ‘Made in India’ PET CT Discovery IQ will be exported to 15 countries. Additionally, the ‘Made in India’ Revolution Aspire CT, Revolution ACT and MR breast coils will be manufactured ‘In India for the World’.

Wipro GE Healthcare Announces Investment of Over INR8000 Crores in Manufacturing Output & Local R&D Over Next 5 Years

India is among the top 20 global markets for medical devices in the world.  Wipro GE Healthcare is among the first MedTech companies to ‘Make in India – for India and the world’ over past three decades, investing upwards of over $4Billion in R&D and manufacturing output in India since inception. Over the decades, the organization has fostered a strong local supplier ecosystem of MedTech component manufacturing – covering capabilities like plastics, EMS, machining, castings, 3D printing – contributing $1M supplier Labor hours. The investment will include creation of additional 400,000 labor hours.

Azim Premji, Chairman, Wipro GE Healthcare, Chairman, Wipro Enterprises and Chairman Azim Premji Foundation, said, “India is riding the resurgent growth in the healthcare industry and rapidly expanding MedTech sector. With ‘Make in India’, we are witnessing an exponential expansion of manufacturing footprint in the country, strengthening India’s capability as the MedTech hub of the world. Wipro GE Healthcare has been committed to this localization journey for over three decades and this strategic investment is testament to our vision for this sector.”

Peter J. Arduini, President and CEO, GE HealthCare said, “India is a high potential, high priority market for GE HealthCare globally. In fact, we are among the first MedTech companies to ‘Make in India – for India and the World’. We will continue to invest in expanding India’s domestic capabilities and its global footprint in MedTech manufacturing and R&D. Today’s announcement is aligned with our strategic vision to deliver precision innovation globally and accelerate India’s position as ‘MedTech innovation and manufacturing hub for India and for world markets.”

Chaitanya Sarawate, Managing Director, Wipro GE Healthcare and President & CEO, GE HealthCare South Asia said, “Innovating in India and Making in India – for India and for the World, has always been a priority for us, evident in our trajectory and investments over past three decades. We have fostered a strong innovation track record, a local supplier ecosystem and built a portfolio of world class products in India, for India and the world. As a local partner we are bullish about India’s potential and its journey to be ‘Atmanirbhar’ and a key cog in the resilient global supply chain. As India envisions to be among top five global manufacturing hubs in terms of value and technology for Medical Devices in the coming years, we are committed to the national healthcare agenda.”

Currently, the organization has four manufacturing plants in Bengaluru. All four manufacturing plants are export plants – the latest one established in March 2022 with an investment of a little over INR100 crore under the Indian government’s PLI Scheme.

GE HealthCare is among the first healthcare companies to start an R&D center in India over three decades back. The Healthcare Technology Center India (HTCI) is GE HealthCare’s largest R&D center outside of the USA, situated in John F. Welch Technology Centre (JFWTC), Bengaluru. The organization also has collaborations with leading academic institutions in the country to further research. In January 2024, GE HealthCare signed an MoU with Indian Institute of Science (IISc) to advance MedTech innovation from India – for India and the world.