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CreditAccess Grameen Broadens its Global Lender Base with USD 175 Million Syndicated Social Loan Facility

CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, ‘CA Grameen’ or the ‘Company’), India’s leading rural focused inclusive financing platform has signed USD 175 million syndicated social loan facility, qualifying as ECB (‘External Commercial Borrowing’) under the automatic route of the Reserve Bank of India (RBI). Standard Chartered Bank and DBS Bank acted as the Joint Mandated Lead Arrangers and Bookrunners.     Despite global macroeconomic uncertainties and heightened competition in the ECB market from FCNR (B) deposits mobilisation, the syndication transaction received strong response coupled with competitive loan pricing and secured participation from ten financial institutions across Asia and the Middle East & Africa regions. In addition to the anchor contributions from Standard Chartered Bank (Singapore) and DBS Bank (GIFT City), other participants included Commercial Bank of Ceylon PLC (Sri Lanka), The Korea Development Bank (South Korea), Sampath Bank PLC (Sri Lanka), SBI (Mauritius) Ltd, BCP Bank (Mauritius) Ltd., Al Masraf (UAE), The National Bank of Ras Al Khaimah (P.S.C.) (UAE), and KEXIM Asia Ltd. (Hong Kong).   The transaction reflects the continued confidence of international lenders in CA Grameen’s business model and corporate governance standards. This marks the fifth ECB syndication transaction successfully completed by CA Grameen over the past five years, mobilising USD 640 million till date. The Company currently holds around 24% of its liability profile in foreign borrowings, building a strong lender base across 15 countries.   Over the past decade, CA Grameen has been continuously working towards diversification of its liability franchise beyond traditional bank borrowings, building presence in domestic debt capital market and expanding outreach in global loan market leveraging its strong ESG credentials. During FY27, the Company has also mobilised INR 940 crore through multiple private placements of non-convertible debentures (NCDs), with pricing broadly in line with its average cost of borrowings.   Commenting on the transaction, Mr. Nilesh Dalvi, Chief Financial Officer, CreditAccess Grameen, remarked, “The successful closure of the USD 175 million facility at competitive pricing, amidst global macroeconomic uncertainties and heightened competition from FCNR(B) deposits mobilisation, demonstrates the strength of CA Grameen franchise and the confidence we have earned from international lenders. The CA Grameen brand rests on a proven performance track record, strong corporate governance standards, deep customer relationships across India’s hinterland and disciplined risk management. As we diversify our sources of funding, our focus remains on optimising funding costs, maintaining a robust asset-liability management (ALM) profile and strengthening balance sheet resilience to support sustainable growth and our long-term commitment to financial inclusion.”   About CreditAccess Grameen Limited CreditAccess Grameen Limited is India’s leading rural focused inclusive financing platform headquartered in Bengaluru. The Company provides a curated lifecycle credit suite to low-middle income households spanning group loans, individual business loans, secured business loans, affordable housing loans, and two-wheeler financing. The Company operates across 457 districts in 16 states (Andhra Pradesh, Bihar, Chhattisgarh, Goa, Gujarat, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh & West Bengal) and one union territory (Puducherry) through 2,276 branches. The Company’s Promoter is CreditAccess India B.V., a multinational company focused on inclusive financing, supported by leading global institutional investors. For more information, please contact: Sahib Sharma DGM – Investor Relations & Strategy CreditAccess Grameen Ltd sahib.sharma@cagrameen.in

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From Waste Segregation to Global Stages: Students Turn Local Challenges into Real-World Solutions

PMI South Asia’s Campus-to-Career Challenge brings students from six cities together to solve community and sustainability challenges while building skills for the workplace. Nine students gain global exposure   The regional ‘Campus to Career’ Challenge brought together 133 students from Kerala, Chennai, Bengaluru, Hyderabad, Pune and Gujarat, who applied project leadership skills to real-world challenges, including waste segregation and sustainability awareness. Five top-performing students presented their solutions at the Project Management South Asia Conference (PMSAC26) in Bengaluru, presenting their work to project professionals and leaders from India and around the world. Additionally, four students gained global exposure at the PMI  Global Leadership Institute Meeting (LIM) in Seoul, taking their experiences beyond the classroom and into the global project management community.   Students at PMI, Leadership Institute Meeting 2026 in Seoul, South Korea   The initiative gave students a hands-on experience in solving problems rooted in their local communities. Students tackled sustainability and waste management challenges, identifying problems, mapping stakeholders, assessing risks and constraints, developing implementation plans and considering how outcomes could be measured. Students from Presidency University, Bengaluru, explored reducing groundwater dependency through integrated water resource management; L.D. College of Engineering, Ahmedabad, developed a structured waste segregation initiative; while SMEF’s Brick School of Architecture, Pune, focused on building sustainable habits among school children.   Amit Goyal, Managing Director, South Asia, PMI, said, “The transition from campus to the workplace requires students to move beyond theoretical knowledge and develop the confidence to navigate ambiguity, collaborate with stakeholders and deliver outcomes. Through the Campus-to-Career Challenge, we are creating opportunities for students to experience these realities early in their journey. By combining practical problem solving with mentoring, leadership development and exposure to the project management community, we aim to help young talent build capabilities that will remain relevant across industries and geographies. Our focus is to strengthen the connection between academia and the professional world while preparing the next generation of project leaders.”   Reflecting on the experience, Abhin. A, a student leader from the PMI-DUK Student Club at Kerala University of Digital Sciences, Innovation and Technology, said: “The Asia Pacific-South Asia Leadership Institute Meeting 2026 was a transformative experience that broadened my understanding of leadership, student engagement and community building. Representing PMI Kerala Chapter and PMI-DUK Student Club on an international platform gave me the opportunity to learn from diverse perspectives and connect with PMI leaders and student members across the region. The experience strengthened my confidence and inspired me to create more mentoring, leadership and collaboration opportunities within our student community.”   The challenge demonstrated how project leadership can help translate local needs into practical solutions, with students navigating collaboration, stakeholder expectations, changing assumptions and execution constraints. Participation from Kerala, Chennai, Bengaluru, Hyderabad, Pune and Gujarat also brought diverse regional perspectives to the programme. Through global professional platforms such as the PMI Leadership Institute Meeting in Seoul and PMSAC26, students can take their experiences addressing real-world challenges beyond the classroom, gaining exposure to diverse perspectives and a broader understanding of how project leadership can be applied across different contexts.   With over 25 student clubs and 1,800+ student members  across South Asia, PMI offers students an opportunity to learn, lead, and enhance project management skills for their careers. Students can join as PMI Student Members and become part of an existing Student Club, while universities interested in starting a new club can apply through the PMI Student Club program on projectmanagement.com.   PMI hosted the 18th annual PMSAC26 on 3 October in Bengaluru, bringing together more than 800 project leaders and representatives from over 180 organisations under the theme “MORE, Together: Future-Ready in the Age of AI.   About Project Management Institute (PMI) PMI is the leading authority in project success. Since 1969, PMI has shone a light on the people and advanced practices behind successful projects. Supported by a global community of millions of project professionals and by thousands of corporations, government agencies and academic institutions, PMI provides the knowledge, resources and certifications to lead projects and transformations effectively and responsibly. Join PMI in elevating our world – one project at a time. Connect with us at www.pmi.org, linkedin.com/company/projectmanagementinstitute, on Instagram @pmi_org, and on TikTok @PMInstitute.   PMI Trademarks Project Management Institute and PMI are trademarks and/or registered marks of Project Management Institute, Inc., in the U.S., in India, and/or in other countries.   Third Party Trademarks All other trademarks are the property of their respective owners.   *PMI South Asia market includes India, Sri Lanka, Nepal, Bangladesh, Bhutan, Maldives and Afghanistan primarily.

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SRM AP's Research Excellence Grows as 20 Faculty Members Feature Among the World's Top 2 percent Scientists

SRM University–AP, Amaravati, has achieved a significant milestone in its global research journey, with 20 faculty members recognised among the World’s Top 2% Scientists. The achievement marks a substantial increase from seven faculty members recognised last year, underscoring the University’s expanding research capabilities, multidisciplinary expertise and sustained commitment to knowledge creation.   Prof. Ch Satish Kumar, VC, SRM AP and University leadership felicitating SRM AP faculty recognised among World Top 2% Scientists   The World’s Top 2% Scientists list is a prestigious global database compiled by researchers at Stanford University in collaboration with Elsevier and based on Scopus citation metrics. This recognition reflects the scholarly contributions of researchers across engineering, environmental sciences, mathematics, physics, chemistry, energy engineering, and interdisciplinary research. Their inclusion highlights the University’s growing research footprint and its ambition to strengthen its position as a research-intensive institution with global relevance.   Drawing from his own experience as a researcher, Prof. Ch Satish Kumar, Vice-Chancellor, SRM University–AP, underscored the effort behind every scientific publication and the need to prioritise research quality and long-term impact over numerical metrics alone. He encouraged the awardees to build on their achievements, pursue focused research agendas and contribute to the University’s long-term ambition of significantly increasing the number of globally recognised scientists.   During the felicitation ceremony held on campus, Prof. Soumitra Datta, Advisor, SRM Group, highlighted the centrality of knowledge creation to a university’s identity. He said, “A university is about knowledge creation.” He noted that recognising researchers celebrates their dedication while inspiring colleagues to pursue higher levels of academic and research excellence. He added that a strong intellectual core is fundamental to building an excellent university.   Dr Karthik Rajendran, Associate Dean of Quality Assurance and Rankings (QAR), highlighted the significance of the achievement in strengthening the University’s global standing. He noted that research impact contributes to institutional rankings and stressed the importance of international collaborations, globally relevant research and translating academic work into meaningful outcomes while upholding academic integrity.   Prof. Ranjit Thapa, Dean-Research, representing the research leadership, highlighted the growth from seven recognised researchers last year to 20 this year. He acknowledged the University leadership’s support in strengthening research and attracting academic talent, and expressed confidence that recognition would continue to grow in the coming years.   The 20 recognised faculty members include Prof. Rangabhashiyam Selvasembian, Dr Akash Balakrishnan, Dr Deblina Dutta, and Prof. Meththika Suharshini Vithanage in the research domain of Earth & Environmental Sciences; Dr Aditya Kumar Sahu, Dr Randhir Kumar, Dr Kshira Sagar Sahoo, Dr Prabhujit Mohapatra, and Prof. Saraju Mohanty in Information & Communication Technologies; Prof. Karthik Rajendran, Dr Vinodkumar Etacheri, Gunda Mohanakrishna, Prof. Lakshminarayana Polavarapu, and Prof. Upadrasta Ramamurty in Enabling & Strategic Technologies; Dr Sumit Kumar Mehta, Dr Basabendu Barman, and Prof. Yoshiyuki Kawazoe in Physics & Astronomy; Prof. Corrado Di Natale and Dr Sudip Pan in Chemistry; and Dr Pintu Bhunia in Mathematics & Statistics.   Dr Vinayak Kalluri, Registrar, noted that the recognition spans diverse research areas and encouraged the academic community to appreciate the distinct contributions researchers make within their respective disciplines. Deans, Directors and University leadership congratulated the honourees and emphasised that institutional recognition can motivate researchers to keep contributing meaningfully to their fields.   The recognition reflects the University’s broader efforts to foster interdisciplinary collaboration, strengthen research infrastructure, and create an environment in which faculty members can pursue ambitious research questions. Through its emerging focus areas, including artificial intelligence and quantum technologies, SRM University–AP continues to expand opportunities for innovation

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SKDRDP Wins Elaben Memorial Award for Best Women-Friendly Financial Institution 2025–26

Sri Kshetra Dharmasthala Rural Development Project (SKDRDP) BC Trust has been honoured with the prestigious Elaben Memorial Award for Best Women-Friendly Financial Institution for 2025–26, presented by Sa-Dhan at its 21st National Conference in New Delhi.   SKDRDP, led by  Dharmadhikari Dr Veerendra Heggade and Mathrushri Hemavathi V. Heggade, wins the Elaben Memorial Award 2025–26 for its commitment to women’s empowerment   The award recognises SKDRDP’s commitment to women’s empowerment, gender equality, and the creation of a safe, supportive, and women-friendly working environment under the guidance of Poojya Dharmasthala D. Veerendra Heggade and Mathrushri Hemavathi V. Heggade.   SKDRDP employs approximately 41,000 people, including 29,000 women, and provides women employees with training, career advancement opportunities, healthcare facilities, and annual health insurance coverage of Rs. 5 lakh. The organisation also facilitates transfers based on family needs and provides specialised training to address workplace safety and the prevention of sexual harassment.   Beyond employment, SKDRDP has played a significant role in strengthening women’s financial independence through its extensive self-help group network. Approximately 3.29 lakh women SHG members have achieved all-round development through 6,547 Mahila Jnana Vikas Kendras, while around 42 lakh women have accessed bank loans facilitated by the Trust to build sustainable livelihoods.   This prestigious recognition reaffirms SKDRDP’s unwavering commitment to women’s empowerment, inclusive development, financial independence, and social transformation.   A proud achievement for SKDRDP and a testament to the vision of Dharmasthala in empowering women and building a stronger society.

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GSMAI Launched to Build a Trusted Ecosystem for India's Global Skills Mobility, With 17 Founding Organisations

The Global Skills Mobility Association of India (GSMAI) was formally launched today at ITC Maurya, New Delhi, bringing together 17 founding organisations, government representatives, diplomatic missions, state governments and industry leaders to strengthen India’s role in global workforce mobility.   Founding members and industry leaders at the launch of the Global Skills Mobility Association of India (GSMAI) in New Delhi on 12 October 2026   Established as a not-for-profit Section 8 company limited by guarantee, GSMAI aims to build trust and coordination across the systems connecting Indian talent with global employment opportunities.   Recruitment, skilling, language training and employer engagement have long operated in separate lanes. GSMAI brings together 17 organisations across these areas: Ambe International, Magic Billion, VFS Global, Learnet Skills, Dynamic Staffing Services, 2COMS, Quess Corp, BorderPlus, Virohan, TeamLease Services, TERN Group, Adecco, Randstad India, UDS, CENTA, LeverageEdu and AnywhereJobs. The association seeks to strengthen coordination across the global skills mobility value chain, building trusted pathways from training to international employment.   The launch comes as working-age populations in Japan, Germany and Italy shrink and demand for international talent grows. India is well placed to respond: for every person aged 50 or above, India has approximately 1.4 people under 18, about five times Japan’s ratio and roughly four times Germany’s. Realising this demographic advantage requires ethical recruitment, language readiness, recognised qualifications, worker protection and stronger international partnerships.   Shri Vikram Misri, IFS, Foreign Secretary, Ministry of External Affairs, Government of India, delivered the inaugural keynote and unveiled the GSMAI logo and website alongside the founding board.   Addressing the future of India’s global skills mobility, Shri Vikram Misri said, “India’s skill mobility must not be treated as a one-way exit. We want our people to go abroad, experience, earn well, build networks and acquire technologies and return, or contribute to India from afar.”   The programme also featured a keynote by Shri Shashank Mani, Hon’ble Member of Parliament, Lok Sabha, and Chairperson of the Standing Committee on Labour, Textiles and Skill Development, Parliament of India, who highlighted “There is almost a need for 65 to 70 million people globally, and India has a surplus of professionals of the 40 million variety. This mismatch has to be answered by institutions which are bringing them together.”underscoring the opportunity to connect India’s talent and skilling capabilities with evolving global workforce needs.   Ajay Khanna, Founding Chair, GSMAI, emphasised collective industry action to translate global demand into trusted pathways for international employment. He said, “We can treat global skills mobility as a series of transactions, or approach it as a national responsibility. We can remain suppliers, or become partners. GSMAI gives us the opportunity to choose credibility over convenience and institution-building over improvisation.”   Mayank Kumar, CEO border plus ​”I think most states are coming to terms that it’s not a volume game, it’s a quality game.”   Neeti Sharma, CEO Teamlease “Skill is the currency that we need. The most important thing is ethical circular mobility and for you to have ethical circular mobility with the skills and with the kind of demand that is there in the world, it has to be digitally credentialised.”   GSMAI’s opportunity extends beyond connecting workers with overseas jobs. It lies in strengthening the systems linking workers seeking rewarding careers, employers seeking the right skills and countries addressing workforce needs. Better coordination across recruitment, training, qualification recognition and international partnerships can make mobility more transparent, responsible and mutually beneficial.   The launch also featured a diplomatic and industry dialogue on trusted talent corridors. Embassy representatives from Germany, Italy, Denmark and Switzerland joined industry leaders to discuss workforce demand, employer expectations, qualification recognition, language training, ethical recruitment and pathways connecting local skilling with overseas employment.   The state-level dimension was reflected in partnerships with the Governments of Maharashtra and Odisha, represented by Smt. Manisha Verma, IAS, Additional Chief Secretary, SEEID, Government of Maharashtra, and Shri Bhupendra Singh Poonia, IAS, Commissioner-cum-Secretary, Government of Odisha, respectively. These collaborations aim to connect state-level talent and skilling initiatives with international employment opportunities.   Going forward, GSMAI will focus on ethical recruitment, market intelligence, amplifying the industry’s collective voice and connecting recruiters, employers, training providers, governments and international partners. These priorities aim to strengthen trust and align skills development with international workforce requirements.   GSMAI’s long-term ambition is to position India not merely as a source of global talent, but as a trusted partner in meeting the world’s evolving workforce needs—creating opportunity for Indian workers, confidence for global employers and lasting value for countries on both sides of the mobility corridor.   Drawing a parallel with India’s IT story, Arnab Bhattacharya, CEO, GATI Foundation, said, “In 1988, India’s IT industry gave itself a name and a voice. It grew into a $315 billion industry employing 5.95 million people. Global skills mobility is at that same moment today. India has the young workforce and the world has the demand. What has been missing is an industry that can speak with one voice.“   The launch marks the beginning of a collective effort to make global skills mobility more trusted, transparent and accessible, turning India’s talent advantage into a lasting global opportunity.   About GSMAI The Global Skills Mobility Association of India (GSMAI) is a not-for-profit Section 8 company limited by guarantee established to strengthen India’s global skills mobility ecosystem. It brings together organisations across recruitment, skilling, language training and workforce mobility to bridge the gaps between talent, skills and global workforce demand through industry collaboration and trusted international partnerships.

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A Degree and the Possibilities Beyond: Somaiya Vidyavihar University Confers Degrees on 3,279 Graduates at its 5th Convocation

A degree marks the culmination of years of study, but for the Class of 2026, the learning at Somaiya Vidyavihar University has extended well beyond the boundaries of their chosen disciplines. At its 5th Convocation, the University conferred degrees on 3,279 graduates, comprising 1,598 undergraduate, 1,666 postgraduate and 15 doctoral graduates. The ceremony also recognised 75 Gold Medal and 71 Silver Medal recipients for academic achievement.   Chancellor felicitating the Chief Guest The ceremony was presided over by Vice Admiral Atul Anand, PVSM, AVSM, VSM (Retd.), Former Additional Secretary, Department of Military Affairs, Ministry of Defence, Government of India, who served as the Chief Guest. Addressing the graduating class, he shared golden words of wisdom that the students would carry with them into the next chapter of their lives. “Your compass is competence. Your anchor is character. Your sail is courage. And your course is guided by dharma. Somaiya Vidyavihar University has given you more than a professional education; it has given you the opportunity to encounter different disciplines. Carry that breadth with you. Do not become merely employable. Become useful. Do not become merely successful. Become significant. And do not ask only, ‘What can I get from India?’ Ask also, ‘What can I give to India?,” said Vice Admiral Atul Anand, PVSM, AVSM, VSM (Retd.). Students at Somaiya Vidyavihar University have had opportunities to explore interests beyond their primary fields. Through initiatives like 120+ Basket Courses, more than 4,000 students have participated in credit-bearing courses spanning sports, literature, languages, nature, aesthetic arts, Indian knowledge systems and spiritual traditions. An engineering student can study Indian philosophy, while a commerce student can take swimming or yoga as part of the academic programme. Through the REACH Fellowship, students have also spent months in rural Maharashtra and Gujarat understanding local communities and developing community-led solutions around issues including water stewardship and sustainable development. For others, learning has meant taking an idea from the classroom into the real world. Orion Racing India has developed more than 20 race cars and participated in over 30 national and international competitions, with successive student teams building on the work of those before them. The University’s 10+ research centres provide opportunities to work across areas including computational chemistry, biology, materials science, artificial intelligence and environmental research. Through riidl and BioRiidl, more than 380 entrepreneurs have been supported, with INR 198 crore in total investments facilitated. Beyond the classroom, students also pursue sports, with training across 22 sports. More than 10,000 students pursue sports, with over 3,500 representing the institution at district, state, national and international levels. This includes participation in events such as the FISU World University Squash Championship, where Somaiya students represented India at the international university level. Together, these experiences reflect the University’s guiding philosophy, ज्ञानादेव तु कैवल्यम् — Knowledge Alone Liberates, and its approach to education, one that encourages students to think, explore and apply knowledge beyond the classroom. The question of what students carry with them beyond their degrees was also central to the address by Samir Somaiya, Chancellor, Somaiya Vidyavihar University. Speaking to the graduating class, he shared a traditional Sanskrit blessing that he felt captured some of the qualities he wished for them as they begin the next chapter of their lives. “बुद्धिर्बलं यशोधैर्यं निर्भयत्वमरोगताम् । अजाड्यं वाक्पटुत्वं च हनुमत्स्मराणाद्भवेत् ॥ .” Explaining the blessing, he said, “May the Almighty give you wisdom; strength; patience; fearlessness; good health; alertness and clarity of thought; and eloquence in speech.” He then spoke about the kind of education the University seeks to provide through three ideas: “We’ve always wanted to build what we call Pesha, Soch, aur Charitra, a fantastic skillset in your chosen field, a wide world of thinking, and strong character,” he said. Prof. Ajay Kapoor, Vice-Chancellor, Somaiya Vidyavihar University, encouraged the graduating class to connect their abilities with a larger purpose. “Find something you are passionate about, something that is also your natural skill. Bring them together and solve society’s problems. Do something that society, humanity, people need today and tomorrow. The fundamentals are very simple: if you do something that people want, people will hold you in high esteem. They will need you. They will pay for what you are providing. That gives you a living and a very, very fulfilling life,” he said. The thought extends the idea of education beyond choosing a profession. The years at university can help students recognise what they are good at, what gives them energy and where those abilities can have practical value. He also placed this advice in the context of a rapidly changing world, where technology is altering how knowledge is accessed and used. “Artificial intelligence will give you all the knowledge, much faster, much better organised, on anything you desire. But it is the wisdom, the Gyan, that you have to develop,” he added. For the 3,279 graduates of the Class of 2026, the 5th Convocation marks the close of one chapter and the beginning of another. They leave with their degrees, but also with the experiences, relationships and perspectives gathered along the way. Through these experiences, they truly embrace the meaning of Somaiya Vidyavihar University’s philosophy, ज्ञानादेव तु कैवल्यम् — Knowledge Alone Liberates. They now step into the world with the belief that what they have learned will shape their paths, help them become better individuals and contribute meaningfully to the world around them.

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Viksit Tech 47 Unveils Landmark Report and Announces Inaugural Award Winners at India Mobile Congress 2026

Viksit Tech 47 (VT47), the flagship spotlight programme of India Mobile Congress (IMC) 2026, announced its inaugural award winners and released the first edition of the VT47 Report “Building India’s Global Brands in Gadgets, Devices, Appliances and Connected Cars” at IMC’s tenth anniversary edition. Together, the awards and the report mark the programme’s debut as India’s definitive platform for building, recognising and scaling homegrown hardware brands toward the Viksit Bharat @2047 vision.   Policy as the blueprint for Viksit Tech   The report was released by Pankaj Mohindroo, Chairman, ICEA, alongside Sunil Raina, Managing Director, Lava International; Anku Jain, Managing Director, MediaTek India; Himanshu Tandon, CBO, Mivi; Nikhil Rajpal, CEO and Founder, Qubo; and other industry dignitaries.   The Report: 129 Brands, One Ambitious Destination Prepared by Techarc as knowledge partner, the VT47 Report introduces a 129-brand Index of Indian-owned consumer technology companies across gadgets, devices, appliances and connected cars. Together these brands earn more than Rs. 60,000 crore a year, an average of just Rs. 465 crore per brand. Only 14 earn more than Rs. 500 crore; only two clearly cross Rs. 2,000 crore. The contrast with India’s total electronics production of Rs. 13.11 lakh crore in FY2025-26 shows how much value still sits with global brands and contract manufacturers.   At a projected growth rate of 13 per cent annually, Indian homegrown brands could collectively earn Rs. 1.11 lakh crore by FY2031 and Rs. 2.04 lakh crore by FY2036. If Indian brands gain share in smart and connected segments at 16 per cent a year, those figures could reach Rs. 1.26 lakh crore and Rs. 2.65 lakh crore respectively.   The report introduces Techarc’s TAME model, Trade, Assemble, Manufacture, Engineer, which describes how brands evolve through distinct stages with corresponding revenue ceilings of approximately Rs. 500 crore, Rs. 5,000 crore and Rs. 50,000 crore. Revenues in lakhs of crores, the report argues, come only at the Engineer stage, where a brand owns its design, software and intellectual property. The 2047 ambition: 50 Indian brands each crossing Rs. 1 lakh crore, roughly 83 times today’s base, requiring sustained growth of about 25 per cent a year over two decades.   “A nation that aspires to be Viksit by 2047 must do more than make products for others. It must create, own and scale its own brands, and see them succeed in India and around the world. The ambition this report sets, 50 Indian brands each earning more than Rs. 1 lakh crore by 2047, is bold. It is also the kind of ambition this moment calls for,” said Ramakrishna P., CEO, India Mobile Congress.   The Inaugural Award Winners VT47 was conceived to correct a “software-first” perception of Indian technology by spotlighting the hardware, IoT and devices landscape underpinning India’s manufacturing ambitions. The inaugural winners are: Viksit Tech Leader of the Year: Sunil Raina, Managing Director, Lava International Limited Viksit Tech Next Generation Leader: Himanshu Tandon, Chief Business Officer, MIVI Viksit Tech Brand of the Year: Lava International Limited Viksit Tech Enabler of the Year: MediaTek India Dr. M J Zarabi Indigenisation Award (powered by Dixon Technologies): Entra Innovations LLP, Dharwad — recognised for VAAYU, India’s first indigenous automotive Tyre Pressure Monitoring System (TPMS) SoC, developed out of IIT Dharwad   “VT47 is our attempt to give India’s hardware builders the spotlight software has long commanded. This year’s winners show that Indian brands can design, manufacture and export on their own terms,” said Faisal Kawoosa, Chief Analyst and Co-founder, Techarc.   The Dr. M J Zarabi Indigenisation Award carries a cash prize of Rs. 10 lakh and honours the legacy of Dr. M.J. Zarabi, former Chairman and Managing Director of Semiconductor Complex Limited (SCL), Mohali, and one of India’s most distinguished microelectronics pioneers. It recognises early-stage hardware startups whose innovation reduces India’s reliance on imported technology.   The Jury The Viksit Tech Leader, Next Generation Leader, Brand and Enabler categories were judged by: Pankaj Mohindroo, Chairman, ICEA; Mohammad Asim Warsi, Former Corporate Vice President, Samsung India; Rajiv Makhni, TV and Radio Show Host, Author and Social Media Presenter; Ershad Kaleebullah, Business Head and Host, Trakin Tech English and Trakin Tech Tamil; and Nimish Dubey, Consulting Editor, TechPP.   The Dr. M J Zarabi Indigenisation Award was judged by: Atul B. Lall, Vice Chairman and Managing Director, Dixon Technologies; Jaswinder Ahuja, Member, Advisory Committee, India Semiconductor Mission; Randeep Raina, Vice President, Ericsson India; PVG Menon, Senior Advisor, Electronics and Semicon; and Tufeel Qurishi, Senior Director, Samsung Research India.

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VinFast India Named 'EV Manufacturer of the Year' at HT Auto Leaderboard Awards 2026

VinFast Auto India, a subsidiary of global electric vehicle manufacturer VinFast, has been awarded the “EV Manufacturer of the Year” at the HT Auto Leaderboard Awards 2026. The recognition highlights VinFast’s growing contribution to India’s electric mobility ecosystem and its focus on building a comprehensive EV proposition spanning products, technology, manufacturing, retail and customer experience.   VinFast India was honored with the “Electric Vehicle Manufacturer of the Year” award at the HT Auto Leaderboard Awards 2026   Hosted by HT Auto, Hindustan Times’ dedicated automotive platform, the HT Auto Leaderboard Awards is a prominent industry initiative that brings together automotive leaders, brands and enthusiasts to recognise excellence and celebrate the achievements shaping India’s evolving mobility landscape.   Reflecting the broader evolution of India’s electric mobility landscape, the “EV Manufacturer of the Year” honour recognises companies that advance electrification not only through their products, but also through infrastructure, technology, service and long-term commitment. Against this benchmark, VinFast’s recognition reflects its sustained efforts to support the development of India’s electric mobility ecosystem and contribute to the country’s transition towards electrification.   Commenting on the recognition, Mr. Tapan Ghosh, CEO, VinFast Asia, said, “We are honoured to receive the ‘EV Manufacturer of the Year’ recognition at the HT Auto Leaderboard Awards. This is a meaningful acknowledgement of the work we are doing to build a strong and sustainable foundation for electric mobility in India. Our approach has always been to look beyond the vehicle and build an ecosystem that brings together locally manufactured products, a growing retail and service network, financing, charging and customer-focused ownership solutions. As we deepen our presence across India, we remain focused on raising the bar for electric mobility and creating an experience that delivers greater value and confidence to Indian customers.”   Mr. Prashant Singh, Editor, HT Auto, said, “In a relatively short span of time, VinFast has established itself as a significant player in India’s EV ecosystem. With a strategically positioned portfolio that caters to the needs of Indian EV buyers, a supporting charging ecosystem, and competitive pricing, VinFast Auto India is well-positioned to strengthen its presence in one of the world’s largest and most competitive automotive markets.”   The award builds on the recognition VinFast has received across leading automotive platforms in India, including “EV Manufacturer of the Year” at Times Drive Auto Summit and Awards, “EV Champion of the Year” at the Jagran Hi-Tech Awards 2026, and “Breakthrough Brand of the Year” at the Car&Bike Awards 2026, along with product honours such as “EV SUV of the Year – Editor’s Choice” for the VF 7 at the BBC TopGear India Awards 2026 and “Value for Money Car of the Year” for the VF 6 at the Autocar India Awards 2026, reflecting continued positive evaluation from industry experts toward the company’s product direction and long-term investment strategy.   Since entering the Indian market, VinFast has continued to expand its product portfolio and local presence. The company currently offers the VF 6, VF 7 and VF MPV 7 in India, with the vehicles locally assembled at its manufacturing facility in Thoothukudi, Tamil Nadu. The VF MPV 7, launched in April 2026, marked VinFast’s third product introduction in India within a year. The company has also accelerated the development of its retail and after-sales ecosystem. Having reached its 60th 3S dealership in August 2026, VinFast remains on track to establish 75 dealerships across India by the end of 2026, with its expansion extending beyond major metropolitan markets to emerging cities and towns.   With India emerging as an important market in the global transition towards electric mobility, VinFast is continuing to invest in its local presence while expanding access to premium electric mobility across the country. The company’s growing footprint in India reflects its long-term commitment to supporting the country’s transition towards a more sustainable and technology-led mobility ecosystem.   About VinFast VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle manufacturer with the mission of making electric mobility more accessible to everyone. VinFast’s current product portfolio includes a wide range of electric SUVs, electric motorcycles, electric bicycles, and electric buses.   VinFast is entering its next phase of growth by rapidly expanding its global distribution and dealer network while strengthening manufacturing capabilities, with a focus on key markets in North America, Europe, the Middle East, and Asia.   Learn more at: vinfastauto.in.

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Crompton Simplifies Household Water Management with INTELLISENSE SmartPro

From monitoring overhead tank levels to ensuring the pump operates safely, conventional systems can require extensive wiring, multiple devices and regular intervention. Simplifying this process, Crompton Greaves Consumer Electricals Limited has introduced Crompton INTELLISENSE SmartPro, a wireless water level controller with integrated control panel functionality, designed to bring greater convenience, control and protection to everyday household water management.   Crompton launches Intellisense SmartPro, a wireless water level controller Traditional water level controllers used with submersible and openwell pumps typically require wiring between the overhead tank and the pump installed at ground level. This can involve additional installation work, civil modifications and associated costs, particularly in multi-storey buildings. While conventional pump panels offer essential motor protection, water level management often requires a separate controller, resulting in two independent systems and additional wiring. For consumers, a single integrated solution can simplify installation, reduce costs and enable hassle-free everyday water management.  Key Features of the Crompton INTELLISENSE SmartPro   Wireless Communication using LoRa Technology: Enables wireless communication between the Main Water Level Controller (MWC) and Overhead Tank Controller (OHT), supporting connectivity from the ground floor up to the seventh floor without requiring inter-floor wiring, helping reduce installation costs and hassle. Automatic Water Level Controller: Automatically starts the pump when the tank is empty and switches off once the tank is full, helping prevent overflow. A four-level LED tank status indicator on the main controller provides visibility into water levels. App-Based Control: Compatible with the Crompton Senze App, available on iOS and Android, allowing consumers to remotely monitor water levels, control pump operation, set up to 10 schedules and receive fault alerts on their smartphones. Protection Features: Helps protect the connected pump against voltage fluctuations, overload conditions and dry-run conditions Weatherproof Design: Comes with an IP65 weatherproof rating, making it suitable for installations exposed to varying weather conditions. Designed for single-phase submersible pumps up to 2 HP, INTELLISENSE SmartPro is suitable for use with Oil-filled submersible pumps, Water-filled submersible pumps and openwell pumps.  Commenting on the product, Anand Kumar N, Business Head – Pumps & Kitchen Appliances, Crompton Greaves Consumer Electricals Ltd, said, “At Crompton, our focus has always been on developing solutions that make everyday household responsibilities simpler and more convenient. Water management is an essential part of daily life, yet conventional systems can involve complex installations and multiple devices to manage water levels and protect the pump. With INTELLISENSE SmartPro, we have brought these functionalities together in a single integrated solution, giving consumers greater control over their water management needs while reducing installation-related complexities. This reflects our continued commitment to developing smart, connected solutions that combine comfort and convenience, offering consumers greater peace of mind, while delivering reliability and practical innovation.” With INTELLISENSE SmartPro, Crompton continues to expand its portfolio of smart water management solutions, offering consumers a more convenient approach to managing their household water supply. The product reflects the company’s continued focus on developing solutions that simplify everyday routines while addressing practical consumer needs. The Crompton INTELLISENSE SmartPro is available in the market and comes with a 12-month warranty and free installation. Consumers purchasing an eligible Crompton submersible pump and INTELLISENSE SmartPro controller together on a single invoice can also avail an additional six-month warranty, subject to applicable terms and conditions. The Crompton INTELLISENSE SmartPro is available across retail stores in India and e-commerce platforms.   About Crompton With a brand legacy of over 85 years, Crompton Greaves Consumer Electricals Ltd. is India’s market leader in the category of fans and residential pumps. Over the years, the organization has continuously strived to produce a range of innovative products that cater to the modern consumer including superior quality and high-performance fans, pumps, lighting solutions, and a range of other categories like water heaters; air coolers; small kitchen appliances like mixer grinders, air fryers, OTG, electric kettles etc; other home appliances like irons & built-in kitchen appliances. The company has further invested in brand and innovation to not only better understand and meet consumer needs but to also help drive energy efficiency. The consumer business also has a well-established and organized distribution network driven by a strong dealer base across the country offering a wide service network and robust after-sales service to its customers. Beyond its consumer portfolio, Crompton also has a robust B2B presence in the Lighting segment, delivering advanced and energy-efficient solutions for commercial and industrial applications. In 2025, Crompton became the first lighting company to receive the GreenPro certification for its B2B lighting solution, reaffirming its commitment to sustainability and innovation. Strengthening its foothold in the renewable energy space, the company has forayed into solar rooftops—representing a significant step forward in its contribution to India’s evolving clean energy landscape. With solar solutions spanning lighting, pumps, and rooftops, Crompton continues to lead as a responsible and future-ready brand in sustainable energy. The company’s consistent dedication to developing energy-efficient products has led to significant recognition. It has been honored with three prestigious National Energy Consumer Awards (NECA) by BEE, Ministry of Power. The recent award was presented by the Hon’ble President of India, Smt. Droupadi Murmu for the company’s storage water heater in 2023. In 2019, the brand won in two categories: Ceiling Fans and LED Bulbs. Additionally, it was recognized as one of India’s Best Managed Companies 2022 by Deloitte Private and listed among ‘India’s Top 500 Companies 2022’ by Dun & Bradstreet India. The company has also been featured in Brand Top 75 most valuable Indian brands list for 2020 released by WPP and Kantar. Furthermore, Crompton was also recognized as the Brand of the Decade 2021 by Herald Global and BARC Asia in the Consumer Electrical category.

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Quick India Movement Returns to Instamart, Bigger on Assortment and Deals

Instamart’s biggest annual sale is live, with up to 50-90% off* across electronics, laptops, home appliances, beauty, toys and everyday essentials Offers span everyday essentials starting from INR9 to premium brands like Apple, Samsung, JBL, LEGO, Ninja, Bosch, Philips, boAt, Bergner, Palmonas, Home Centre, Raymond, Tupperware, and more Shoppers can save up to INR5,500 on select items with HDFC Bank Credit Cards   Ahead of the festive season, Instamart, India’s pioneering quick commerce platform, announced the return of its flagship Quick India Movement (QIM) sale. Live now on both the Instamart app and the Swiggy app, it brings discounts of up to 50-90%* from various sellers, covering everything from everyday essentials to premium products.   Instamart’s Quick India Movement Sale is back with festive deals and 50–90% off across electronics, home appliances, beauty, and more Quick commerce has moved well beyond top-up shopping, and QIM puts that on display at scale. Customers can expect significant markdowns across electronics, kitchen and dining, beauty and personal care, and toys. From smartphones to home upgrades, they can discover deals from some of the country’s most popular brands, including Apple, Samsung, OnePlus, realme, OPPO, Motorola, boAt, JBL, Bergner, L’Oréal Paris, LEGO and Barbie. New launches and limited-period offers from sellers add to the mix. Lowest prices on Electronics, Smartphones & Laptops Consumers can pick up the Apple iPhone 17 Pro 256GB at INR1,19,999, Samsung smartphones starting at INR10,999*, and Apple MacBooks starting at INR66,900. This also includes a wide range of everyday gadgets and home appliances, including great deals on the Bosch Mixer Grinder at INR2,499, JBL Speaker at INR3,999, and MagSafe Power Bank at INR999, Ninja Portable Blender at INR2999* among other offers from various sellers. Shoppers can also unlock up to INR5,500 off using HDFC Bank Credit Cards on select items. Up to 80% off* off on Beauty & Personal Care Beauty and personal care shoppers can discover deals from leading brands like Simple, Wishcare, Plum, Vaseline, Dove, Pantene, Dot & Key, and more, with face washes starting at INR99, shampoos and conditioners at up to 80% off*, perfumes at up to 60% off*, and exclusive deals on the winter collection. Everyday Essentials starting at INR9 From everyday snacking to festive needs, consumers can find deals on energy bars starting at INR29, ice cream tubs at 50% off, cleaning essentials from INR70, Navratri needs from INR89, and dry fruit chikki, energy bars and laddoos starting at INR9. Up to 90% off* off on Home, Kitchen & Dining Consumers can refresh their homes with deals by sellers from brands including Home Centre at up to 50% off and Raymond Home bedsheets starting at INR299*, with bedsheets starting at INR99*, Bergner Stainless Steel Cooker at INR999/-*, home décor starting at INR49*, and kitchen essentials available up to 50-90%* off. Toys starting from INR89 The sale will feature toys from popular brands including Lego at up to 50% off*, Barbie at INR199/-*, with soft toys starting at INR89*, with sellers offering consumers a range of options for festive gifting and everyday play. Consumers can also unlock additional savings during the sale with a range of card offers, including 10% off using HDFC Bank Credit Cards, Axis Bank MyZone Credit Cards, and Visa Classic Debit and Platinum Cards. Swiggy HDFC Bank Credit Card users can also avail up to 10% cashback on eligible transactions, adding further value to their QIM shopping. Through Switch, Instamart’s platform-wide proposition for differentiated and high-quality products, consumers can discover newer brands and products across categories, alongside established favourites, all through the convenience of quick commerce. Backed by cutting-edge technology and logistics innovation, the sale ensures that every deal is delivered with the reliability Instamart customers have come to expect. More than just festive-scale offers, Instamart Quick India Movement makes convenience, choice, and value instantly accessible to everyone. About Instamart Launched in August 2020, Instamart is a quick commerce platform offering groceries, daily essentials and a growing range of products across categories. Instamart is available across 130+ cities, with an assortment of 50,000+ products. *T&C Apply. On select assortment and select locations. Till stocks last. All prices of products/offers/promotions are provided by participating sellers/brand partners/banking partners on the Instamart platform.

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