<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Business Archives - NRI News</title>
	<atom:link href="https://nrinews24x7.com/tag/business/feed/" rel="self" type="application/rss+xml" />
	<link>https://nrinews24x7.com/tag/business/</link>
	<description></description>
	<lastBuildDate>Tue, 23 Jun 2026 18:25:13 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=7.0</generator>

<image>
	<url>https://nrinews24x7.com/wp-content/uploads/2023/06/cropped-NRI_NEWSFavi-32x32.png</url>
	<title>Business Archives - NRI News</title>
	<link>https://nrinews24x7.com/tag/business/</link>
	<width>32</width>
	<height>32</height>
</image> 
	<item>
		<title>Strategic Partnership Between Kalyani Strategic Systems Ltd and AM General</title>
		<link>https://nrinews24x7.com/strategic-partnership-between-kalyani-strategic-systems-ltd-and-am-general/</link>
					<comments>https://nrinews24x7.com/strategic-partnership-between-kalyani-strategic-systems-ltd-and-am-general/#respond</comments>
		
		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Tue, 23 Jun 2026 18:25:11 +0000</pubDate>
				<category><![CDATA[International Business]]></category>
		<category><![CDATA[Artillery]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Gun]]></category>
		<category><![CDATA[Military]]></category>
		<category><![CDATA[Mounted]]></category>
		<category><![CDATA[partnership]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=181120</guid>

					<description><![CDATA[<p>PARIS: Kalyani Strategic Systems Limited (KSSL), the wholly owned defence subsidiary of Bharat Forge Limited, signed a strategic partnership with AM General, a leading military vehicle and mobile defence capabilities provider at Eurosatory defence exposition. This strategic partnership between AM General and KSSL addresses the requirement of modern armies of the world in an evolving [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/strategic-partnership-between-kalyani-strategic-systems-ltd-and-am-general/">Strategic Partnership Between Kalyani Strategic Systems Ltd and AM General</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong>PARIS:</strong> Kalyani Strategic Systems Limited (KSSL), the wholly owned defence subsidiary of Bharat Forge Limited, signed a strategic partnership with AM General, a leading military vehicle and mobile defence capabilities provider at Eurosatory defence exposition.</p>



<p class="wp-block-paragraph">This strategic partnership between AM General and KSSL addresses the requirement of modern armies of the world in an evolving combat scenario, equipping them with compact, robust, lightweight, ruggedized, mobile, all-weather, all-terrain Next-Gen Mounted Artillery gun platforms, with a distinct competitive edge. There are numerous opportunities globally, and the partnership is intended to support broader allied distribution, positioning the platform as a scalable, exportable artillery solution for partner nations seeking modern, mobile, and survivable 155mm fires capability.</p>



<p class="wp-block-paragraph">Leveraging this strategic partnership, AM General has also offered a proposal to participate in the U.S Army Mobile Tactical Cannon (MTC) program. The proposal to the U.S. Government includes the development and delivery of a 155mm MTC solution based on the mature, combat-relevant architecture of KSSL’s Mounted Artillery Gun platform, with delivery planned in 2027 upon its down-selection.</p>



<p class="wp-block-paragraph">The MArG system delivers class-leading strategic transportability and tactical mobility through the combination of a purpose-built powerpack and suspension, and a lighter gross vehicle weight rating. It’s a 52–caliber 155mm Cannon is combined with the patented Soft Recoil Technology (SRT) Recoil Mitigation system, an automated load-assist, and an advanced all-weather fire control suite providing indirect and direct fire capabilities. The system fires a standard high-explosive projectile over 40 Kilometers and carries over 20 projectiles and propellant charges on board. The MARG’s SRT system absorbs significantly more recoil force than traditional artillery systems, and this allows for a lighter vehicle, lighter turret, and less shock on the entire weapons system over its life.</p>



<p class="wp-block-paragraph">Amit Kalyani, Vice Chairman and Joint Managing Director, Bharat Forge Ltd, the parent company of KSSL, shared, “<em>Our partnership with AM General is underscored by trust in our advanced artillery capabilities, and confidence in our commitment to delivering leading-edge and combat-proven solutions that meet modern warfare requirements</em>.”</p>



<p class="wp-block-paragraph"><strong>John Chadbourne, AM General President and CEO, </strong>said, “<em>Working with KSSL signifies our mutual commitment to support our allies and, ultimately, the Warfighter. By integrating the patented soft recoil technology into their state-of-the-art and mature platforms, we will be delivering truly groundbreaking capabilities that can provide an advantage on the evolving battlefield</em>.”</p>



<p class="wp-block-paragraph">At KSSL, we take pride in building designed and made in India, globally benchmarked defence platforms, driven by the purpose of delivering technologically advanced, strategic defence capabilities for India and the world.</p>



<p class="wp-block-paragraph"></p>
<p>The post <a href="https://nrinews24x7.com/strategic-partnership-between-kalyani-strategic-systems-ltd-and-am-general/">Strategic Partnership Between Kalyani Strategic Systems Ltd and AM General</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://nrinews24x7.com/strategic-partnership-between-kalyani-strategic-systems-ltd-and-am-general/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Siemens Secures Contract with Titagarh Rail Systems for Pune Metro Propulsion Technologies</title>
		<link>https://nrinews24x7.com/siemens-secures-contract-with-titagarh-rail-systems-for-pune-metro-propulsion-technologies/</link>
					<comments>https://nrinews24x7.com/siemens-secures-contract-with-titagarh-rail-systems-for-pune-metro-propulsion-technologies/#respond</comments>
		
		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Thu, 18 Jun 2026 04:36:25 +0000</pubDate>
				<category><![CDATA[National Business]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Metro]]></category>
		<category><![CDATA[pune]]></category>
		<category><![CDATA[technology]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=181106</guid>

					<description><![CDATA[<p>INDIA: Siemens Limited has received an order from Titagarh Rail Systems Limited for the supply of advanced propulsion systems and Train Control &#38; Monitoring Systems (TCMS) for the Pune Metro Rail Project extension. The scope of work includes design, manufacture, supply, and warranty of traction converters, auxiliary converters, traction motors, and TCMS for 12 trainsets. [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/siemens-secures-contract-with-titagarh-rail-systems-for-pune-metro-propulsion-technologies/">Siemens Secures Contract with Titagarh Rail Systems for Pune Metro Propulsion Technologies</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<ul class="wp-block-list">
<li>Order includes advanced propulsion systems and Train Control &amp; Monitoring System for Pune Metro extension</li>



<li>Project strengthens the ‘Make in India’ commitment through regional manufacturing in Maharashtra</li>
</ul>



<p class="wp-block-paragraph"><strong>INDIA:</strong> Siemens Limited has received an order from Titagarh Rail Systems Limited for the supply of advanced propulsion systems and Train Control &amp; Monitoring Systems (TCMS) for the Pune Metro Rail Project extension. The scope of work includes design, manufacture, supply, and warranty of traction converters, auxiliary converters, traction motors, and TCMS for 12 trainsets.</p>



<p class="wp-block-paragraph"><strong>Rajeev Joisar, Chief Executive Officer, Mobility Business, Siemens Limited</strong>, said, “<em>We are pleased to partner with Titagarh Rail Systems Limited on the Pune Metro project. This collaboration is an important step in our journey to support India’s rapidly growing metro market with advanced Propulsion and TCMS technologies. As India continues to invest in sustainable urban transportation, the development of a strong local manufacturing and technology ecosystem becomes increasingly important. Aligned with the Make in India initiative, we are committed to developing these advanced technologies by leveraging Siemens’ strong manufacturing and engineering footprint in India</em>.”</p>



<p class="wp-block-paragraph"><strong>Umesh Chowdhary, Vice Chairman &amp; Managing Director, Titagarh Rail Systems Limited</strong>, said, “<em>We are delighted to partner with Siemens on the Pune Metro project, for advanced indigenous propulsion systems, reinforcing our strong commitment to Make in India through near-complete localisation. Pune Metro always holds a special place for us, as it marks Titagarh’s entry into the passenger rail systems space and the introduction of India’s first aluminium-bodied metro coaches. This additional option contract further strengthens the aluminium train ecosystem in the country. Together, this partnership will accelerate indigenisation and serve as a great start to a long potential partnership between Titagarh Rail Systems Limited &amp; Siemens for the Indian urban mobility landscape</em>.”</p>
<p>The post <a href="https://nrinews24x7.com/siemens-secures-contract-with-titagarh-rail-systems-for-pune-metro-propulsion-technologies/">Siemens Secures Contract with Titagarh Rail Systems for Pune Metro Propulsion Technologies</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://nrinews24x7.com/siemens-secures-contract-with-titagarh-rail-systems-for-pune-metro-propulsion-technologies/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Unveiling the Strategic Synergies of Fox Petroleum Group and Danube Industries Limited</title>
		<link>https://nrinews24x7.com/unveiling-the-strategic-synergies-of-fox-petroleum-group-and-danube-industries-limited/</link>
					<comments>https://nrinews24x7.com/unveiling-the-strategic-synergies-of-fox-petroleum-group-and-danube-industries-limited/#respond</comments>
		
		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Thu, 18 Jun 2026 04:28:57 +0000</pubDate>
				<category><![CDATA[National Business]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[partnership]]></category>
		<category><![CDATA[strategic]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=181100</guid>

					<description><![CDATA[<p>INDIA: Fox Petroleum Limited, the flagship entity of Fox Petroleum Group — a globally integrated oil, gas, LNG, and infrastructure conglomerate with operations across Australia, India, Africa, the UK, Switzerland, the EU, and the USA — is pleased to announce its entry as Strategic Investor and Growth Partner in Danube Industries Limited (CIN: L29100GJ1980PLC097420; BSE: [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/unveiling-the-strategic-synergies-of-fox-petroleum-group-and-danube-industries-limited/">Unveiling the Strategic Synergies of Fox Petroleum Group and Danube Industries Limited</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong>INDIA:</strong> Fox Petroleum Limited, the flagship entity of Fox Petroleum Group — a globally integrated oil, gas, LNG, and infrastructure conglomerate with operations across Australia, India, Africa, the UK, Switzerland, the EU, and the USA — is pleased to announce its entry as Strategic Investor and Growth Partner in Danube Industries Limited (CIN: L29100GJ1980PLC097420; BSE: 540361), an India-based IT hardware and technology company listed on the Bombay Stock Exchange.</p>



<p class="wp-block-paragraph">This strategic partnership is designed to accelerate growth across the domains of AI Manufacturing, IT Developments, Advanced Technologies, and Global Trade Opportunities — reinforcing the shared commitment of both organisations to building future-ready, technology-driven enterprises that generate sustainable value for all stakeholders.</p>



<p class="wp-block-paragraph">Commenting on the partnership, <strong>Dr. Ajay Kumar, Chairman &amp; Managing Director of Fox Petroleum Group</strong>, stated: &#8220;<em>Fox Petroleum Group has built its legacy on bold decisions and long-term vision. This partnership with Danube Industries Limited is a powerful statement of our intent to lead not just in energy, but across every sector where the future is being shaped. India is at an inflection point — and Fox Petroleum will be at the forefront of that transformation. We are not entering this space cautiously. We are entering it to win</em>.&#8221;</p>



<p class="wp-block-paragraph">The partnership reflects the Group&#8217;s broader strategy of diversifying its investment footprint across high-growth, technology-led sectors while leveraging its global network spanning Australia, India, Africa, the United Kingdom, Switzerland, the European Union, and the United States of America.</p>
<p>The post <a href="https://nrinews24x7.com/unveiling-the-strategic-synergies-of-fox-petroleum-group-and-danube-industries-limited/">Unveiling the Strategic Synergies of Fox Petroleum Group and Danube Industries Limited</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://nrinews24x7.com/unveiling-the-strategic-synergies-of-fox-petroleum-group-and-danube-industries-limited/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>The 20th IsDB Global Forum on Islamic Finance</title>
		<link>https://nrinews24x7.com/the-20th-isdb-global-forum-on-islamic-finance/</link>
					<comments>https://nrinews24x7.com/the-20th-isdb-global-forum-on-islamic-finance/#respond</comments>
		
		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Fri, 12 Jun 2026 04:40:07 +0000</pubDate>
				<category><![CDATA[International Business]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Forum]]></category>
		<category><![CDATA[Global]]></category>
		<category><![CDATA[Islamic]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=181040</guid>

					<description><![CDATA[<p>JEDDAH: The Islamic Development Bank Institute (IsDBI) will host the 20th IsDB Global Forum on Islamic Finance in Baku, Azerbaijan, on 17 June 2026 under the theme “Achieving Sustainable Prosperity through Islamic Finance,” in conjunction with the IsDB Group Annual Meetings. Marking its 20th edition, the forum serves as a flagship platform for high-level dialogue, [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/the-20th-isdb-global-forum-on-islamic-finance/">The 20th IsDB Global Forum on Islamic Finance</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">J<strong>EDDAH:</strong> The Islamic Development Bank Institute (IsDBI) will host the 20th IsDB Global Forum on Islamic Finance in Baku, Azerbaijan, on 17 June 2026 under the theme “Achieving Sustainable Prosperity through Islamic Finance,” in conjunction with the IsDB Group Annual Meetings.</p>



<p class="wp-block-paragraph">Marking its 20th edition, the forum serves as a flagship platform for high-level dialogue, convening policymakers, regulators, development practitioners, academics, and industry leaders to advance innovation and development in Islamic finance. This year’s forum will focus on strengthening regional integration and unlocking sustainable growth across IsDB member countries through Islamic finance solutions.</p>



<p class="wp-block-paragraph">The forum will examine how Islamic finance can help address structural development challenges, including “development traps” that constrain inclusive growth and resilience. It will also highlight innovative Islamic social finance mechanisms, particularly Awqaf Free Zones, as tools for mobilizing sustainable resources to support food and energy security.</p>



<p class="wp-block-paragraph">Key highlights of the forum include keynote speeches, launch of a new report on the prospects of Islamic Finance in Azerbaijan alongside other flagship publications, announcement of a memorandum of understanding between IsDBI and Labuan Financial Services Authority, distinguished panel discussion sessions, and unveiling of top achievers in the Applied AI in Islamic Finance Competency Challenge.</p>



<p class="wp-block-paragraph">H.E. Taleh Kazimov, Governor of the Central Bank of the Republic of Azerbaijan, will deliver the first keynote speech, followed by Eng. Adeeb Yousuf Al Aama, Chief Executive Officer of ITFC, whose speech will be on behalf of the IsDB Group. Dr. Sami Al-Suwailem, Acting Director General of IsDBI, will deliver the welcome remarks.</p>



<p class="wp-block-paragraph">The first panel session will explore how Islamic finance can help countries overcome development barriers and achieve sustainable economic transformation. The panelists include Mr. Shahin Aydin Mahmudzade, Executive Director, Central Bank of Azerbaijan; Mr. Adnan Zaylani, Deputy Governor, Bank Negara Malaysia; Ms. Mihoko Kumamoto, Director, Division for Prosperity, UNITAR; Dr. Bambang Brodjonegoro, Dean, Asian Development Bank Institute; and Dr. Areef Suleman, Chief Economist, IsDB Group. The session will be moderated by Mr. Mustafa Adil, Head of Islamic Finance, London Stock Exchange Group.</p>



<p class="wp-block-paragraph">The second panel session will examine innovative approaches to mobilizing Islamic social finance, particularly through Awqaf Free Zones, to address global food and energy challenges. The speakers include Mr. Valeh Alasgarov, Chairman of the Board, AFEZ Authority, Azerbaijan; Dr. Mansur Muhtar, Chairman of the Board, Bank of Industry, Nigeria; Professor Emeritus Dato’ Dr. Azmi Omar, President &amp; CEO, INCEIF University; and Mr. Orkhan Vidadi oglu Mammadov, Chairman, Small and Medium Business Development Agency of Azerbaijan (KOBİA). The session will be moderated by Mr. Yahya Rehman, Associate Manager, IsDBI.</p>



<p class="wp-block-paragraph">The forum is expected to generate actionable recommendations, strengthen partnerships, promote stakeholder collaboration, and advance innovative, AI-enabled tools to support the growth of Islamic finance globally.</p>



<p class="wp-block-paragraph">More information about the forum is available on the IsDBI website <a href="https://isdbinstitute.org/events_posts/20th-isdb-global-forum-on-islamic-finance/">here</a>.</p>
<p>The post <a href="https://nrinews24x7.com/the-20th-isdb-global-forum-on-islamic-finance/">The 20th IsDB Global Forum on Islamic Finance</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://nrinews24x7.com/the-20th-isdb-global-forum-on-islamic-finance/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Schneider Electric and Allied Engineers Collaborate to Enhance Intelligent Power Distribution Systems</title>
		<link>https://nrinews24x7.com/schneider-electric-and-allied-engineers-collaborate-to-enhance-intelligent-power-distribution-systems/</link>
					<comments>https://nrinews24x7.com/schneider-electric-and-allied-engineers-collaborate-to-enhance-intelligent-power-distribution-systems/#respond</comments>
		
		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Mon, 08 Jun 2026 02:24:51 +0000</pubDate>
				<category><![CDATA[National Business]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Distribution]]></category>
		<category><![CDATA[Intelligent]]></category>
		<category><![CDATA[power]]></category>
		<category><![CDATA[Systems]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=181030</guid>

					<description><![CDATA[<p>Cutting Downtime by 30%, continues to support efficient, reliable, and digitally enabled electrical infrastructure solutions across India BENGALURU: Schneider Electric, a global leader in digital transformation of energy management and automation, continues to strengthen its partner ecosystem through its long-standing collaboration with Allied Engineers, a leading manufacturer of Medium Voltage (MV), Low Voltage (LV), and [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/schneider-electric-and-allied-engineers-collaborate-to-enhance-intelligent-power-distribution-systems/">Schneider Electric and Allied Engineers Collaborate to Enhance Intelligent Power Distribution Systems</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="has-text-align-center wp-block-paragraph" style="font-size:24px"><em>Cutting Downtime by 30%, continues<strong> to support efficient, reliable, and digitally enabled electrical infrastructure solutions across India</strong></em></p>



<p class="wp-block-paragraph"><strong>BENGALURU:</strong> Schneider Electric, a global leader in digital transformation of energy management and automation, continues to strengthen its partner ecosystem through its long-standing collaboration with Allied Engineers, a leading manufacturer of Medium Voltage (MV), Low Voltage (LV), and Type-Tested Assembly (TTA) electrical panels.</p>



<p class="wp-block-paragraph">The collaboration continues to focus on supporting the deployment of Schneider Electric’s intelligent and sustainable power distribution technologies across industrial, commercial, and infrastructure projects in India. By combining Schneider Electric’s advanced electrical solutions with Allied Engineers’ engineering and manufacturing capabilities, the partnership has enabled the delivery of efficient, compliant, and digitally enabled power distribution solutions across sectors.</p>



<p class="wp-block-paragraph">The partnership between Schneider Electric and Allied Engineers has contributed to enabling smarter and more efficient operations through digitally enabled and compliant power distribution solutions. Key outcomes achieved through this collaboration include:</p>



<ul class="wp-block-list">
<li><strong>60% improvement in operational efficiency</strong></li>



<li><strong>30% reduction in downtime with PrismaSeT i panels</strong></li>



<li><strong>30% optimization in panel space with EasyPact NW</strong></li>
</ul>



<p class="wp-block-paragraph">Highlighting the importance of a strong partner ecosystem in driving efficient and sustainable infrastructure solutions, <strong>Amit Sharma, Vice President – Power Products and Digital Energy, Schneider Electric</strong>, said, “<em>At Schneider Electric, our partner ecosystem plays an important role in enabling the wider adoption of intelligent and sustainable electrical infrastructure solutions across industries. Our collaboration with Allied Engineers reflects a shared focus on delivering reliable, efficient, and digitally enabled power distribution technologies that support evolving customer requirements across industrial and infrastructure projects.”</em></p>



<p class="wp-block-paragraph">Established in 2005 and headquartered in Lucknow, Allied Engineers offers end-to-end electrical solutions spanning design, engineering, installation, and commissioning. As an ISO 9001:2015 certified company utilizing CPRI-tested materials, Allied Engineers serves over 100 clients across India as a trusted channel partner of Schneider Electric. Through its strong presence across government, infrastructure, industrial, and commercial projects, the collaboration continues to support the wider deployment of Schneider Electric’s intelligent power distribution technologies across diverse operating environments, enabling efficient, reliable, compliant, and digitally enabled electrical infrastructure solutions.</p>



<p class="wp-block-paragraph"><strong><em>Quote from the Partner: </em></strong><em>&#8220;Our partnership with Schneider Electric as a licensed PrismaSeT i Panel Builder goes beyond business; it is built on a shared belief in innovation and sustainability.&#8221;</em></p>



<p class="wp-block-paragraph">The partnership has also been recognized through Schneider Electric’s Sustainability Impact Awards, celebrating Allied Engineers’ contributions towards sustainability, operational efficiency, reliability, and digital transformation.</p>
<p>The post <a href="https://nrinews24x7.com/schneider-electric-and-allied-engineers-collaborate-to-enhance-intelligent-power-distribution-systems/">Schneider Electric and Allied Engineers Collaborate to Enhance Intelligent Power Distribution Systems</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://nrinews24x7.com/schneider-electric-and-allied-engineers-collaborate-to-enhance-intelligent-power-distribution-systems/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Mumbai-Pune Connecting Link: Projected Annual Fuel Savings of ₹272 Crore</title>
		<link>https://nrinews24x7.com/mumbai-pune-connecting-link-projected-annual-fuel-savings-of-%e2%82%b9272-crore/</link>
					<comments>https://nrinews24x7.com/mumbai-pune-connecting-link-projected-annual-fuel-savings-of-%e2%82%b9272-crore/#respond</comments>
		
		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Mon, 08 Jun 2026 02:19:31 +0000</pubDate>
				<category><![CDATA[Travel and Tourism]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[fuel]]></category>
		<category><![CDATA[saving]]></category>
		<category><![CDATA[tourism]]></category>
		<category><![CDATA[travel]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=181027</guid>

					<description><![CDATA[<p>PUNE: Intangles, a global AI-powered predictive intelligence company specialising in the commercial vehicle domain, released an analysis of commercial vehicle performance on the Mumbai-Pune corridor following the opening of the Connecting Link. The analysis indicates that improved corridor movement could generate 2.7 crore litres in potential annual fuel savings, translating into approximately ₹272 crore in annual fuel [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/mumbai-pune-connecting-link-projected-annual-fuel-savings-of-%e2%82%b9272-crore/">Mumbai-Pune Connecting Link: Projected Annual Fuel Savings of ₹272 Crore</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<ul class="wp-block-list">
<li>2.7 crore litres of potential annual fuel savings are estimated across the corridor stretch</li>



<li>Trucks recorded 18% higher average speeds, while three-axle vehicles completed the stretch in 20% less time</li>



<li>Lower fuel consumption could prevent 64,905 metric tonnes of CO₂ emissions every year</li>
</ul>



<p class="wp-block-paragraph"><strong>PUNE: </strong>Intangles, a global AI-powered predictive intelligence company specialising in the commercial vehicle domain, released an analysis of commercial vehicle performance on the Mumbai-Pune corridor following the opening of the Connecting Link. The analysis indicates that improved corridor movement could generate 2.7 crore litres in potential annual fuel savings, translating into approximately ₹272 crore in annual fuel cost reduction across the corridor stretch.</p>



<p class="wp-block-paragraph">The estimated fuel savings could also help avoid 64,905 metric tonnes of CO₂&nbsp;emissions annually. Together, the findings point to the wider economic and environmental value of smoother movement on a corridor critical to the Mumbai-Pune-Bangalore route and Maharashtra&#8217;s freight and passenger economy.</p>



<p class="wp-block-paragraph">The analysis recorded performance gains across the four commercial vehicle categories studied: buses, MCV trucks, three-axle vehicles, and multi-axle trucks. MCV trucks recorded the highest increase in average speed at 18%, alongside a 19% reduction in travel time and 17% reduction in fuel consumption. Three-axle vehicles saw the highest reduction in travel time at 20%, while buses achieved the greatest improvement in fuel consumption at 24% per trip. Multi-axle trucks also recorded gains across speed, travel time, and fuel use, indicating that improved corridor movement can create value across heavier vehicle categories too.</p>



<p class="wp-block-paragraph"><strong>Anup Patil, CEO, Intangles,</strong> said, <em>&#8220;Fuel is a direct measure of operational efficiency, and on a corridor carrying this volume of freight, even modest per-trip savings compound into material economic impact. What this analysis demonstrates is that vehicle data, collected and processed at scale, can quantify infrastructure value in the terms that actually matter to fleet operators: litres saved, minutes recovered, emissions reduced. At Intangles, we build predictive intelligence using our proprietary digital twin technology that helps fleets capture this value continuously, not just when a new road opens, but across every route, every trip, and every vehicle in operation. India&#8217;s infrastructure investment is accelerating. It is just a matter of time before the fleets that deploy advanced intelligence will benefit vastly alongside India&#8217;s growth story.&#8221;</em></p>



<p class="wp-block-paragraph"><strong>Hariharan Ravishankar, Chief AI Scientist, Intangles,</strong> added, <em>&#8220;Most infrastructure impact assessments rely on modelled assumptions with fixed consumption rates applied to traffic volumes. What makes this analysis different is that every fuel figure comes from actual vehicle sensor streams, processed through terrain-aware algorithms that account for gradient, load behaviour, and real-time driving patterns. The finding that heavier vehicle categories showed the strongest proportional gains is not intuitive, but it is exactly what physics predicts. Vehicles most constrained by stop-go conditions on steep gradients benefit most when that constraint is removed. As India&#8217;s transport infrastructure expands, this kind of sensor-based measurement framework gives planners, operators, and policymakers something they have not had before: infrastructure ROI expressed in operating terms, not projections.&#8221;</em></p>



<p class="wp-block-paragraph">The analysis also observed an early reduction in hard braking events across the commercial vehicle categories studied. While these findings require longer-term tracking before conclusions can be drawn on sustained safety impact, they provide an early indication of improved driving conditions on the stretch under consideration.</p>



<p class="wp-block-paragraph"><strong>Methodology</strong></p>



<p class="wp-block-paragraph">The analysis tracked 1,849 unique commercial vehicles across buses, MCV trucks, 3-axle vehicles, and multi-axle trucks, covering more than 2,200 trips through the ghat section of the Mumbai-Pune corridor. Vehicle performance was compared across two periods: 26 to 30 April 2026, before the Connecting Link opening, and 2 to 15 May 2026, after the opening, allowing one day for traffic stabilisation. Speed and travel time were measured through GPS and geo-location data. Fuel consumption for the assessed commercial vehicle categories was derived using Intangles&#8217; proprietary algorithms based on terrain analysis and real-time driving patterns.</p>
<p>The post <a href="https://nrinews24x7.com/mumbai-pune-connecting-link-projected-annual-fuel-savings-of-%e2%82%b9272-crore/">Mumbai-Pune Connecting Link: Projected Annual Fuel Savings of ₹272 Crore</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://nrinews24x7.com/mumbai-pune-connecting-link-projected-annual-fuel-savings-of-%e2%82%b9272-crore/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Suzlon&#8217;s Strategic Growth Plan: Targeting 10 GW in Renewable Energy Sales and 70 GW AUM Expansion</title>
		<link>https://nrinews24x7.com/suzlons-strategic-growth-plan-targeting-10-gw-in-renewable-energy-sales-and-70-gw-aum-expansion/</link>
					<comments>https://nrinews24x7.com/suzlons-strategic-growth-plan-targeting-10-gw-in-renewable-energy-sales-and-70-gw-aum-expansion/#respond</comments>
		
		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Mon, 08 Jun 2026 02:12:09 +0000</pubDate>
				<category><![CDATA[National Business]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[growth]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=181021</guid>

					<description><![CDATA[<p>INDIA: Suzlon is evolving from a pure-play wind OEM to a wind-first full-stack renewable energy solutions company built to serve the new energy-intensive world. Suzlon 2.0 is anchored by a new business architecture comprising Wind-First Full-stack RE Tech Solutions, RE DevCo, RE Projects, and RE Asset Management. Together, these businesses create an integrated platform that [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/suzlons-strategic-growth-plan-targeting-10-gw-in-renewable-energy-sales-and-70-gw-aum-expansion/">Suzlon&#8217;s Strategic Growth Plan: Targeting 10 GW in Renewable Energy Sales and 70 GW AUM Expansion</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong>INDIA:</strong> Suzlon is evolving from a pure-play wind OEM to a wind-first full-stack renewable energy solutions company built to serve the new energy-intensive world. Suzlon 2.0 is anchored by a new business architecture comprising Wind-First Full-stack<strong> </strong>RE Tech Solutions, RE DevCo, RE Projects, and RE Asset Management. Together, these businesses create an integrated platform that enables renewable energy delivery at scale with speed, certainty, and long-term performance while powering reliable, accessible, affordable, and intelligent energy systems.</p>



<p class="wp-block-paragraph"><strong>Suzlon 2.0: FY 31 Ambition</strong></p>



<p class="wp-block-paragraph">Suzlon is entering a transformative growth phase &#8211; Suzlon 2.0 with a clear ambition to become one of the world’s most integrated renewable energy companies. By FY31, the company aims to expand annual renewable energy sales fourfold to 10 GW, grow its orderbook to 15 GW, and scale its Asset Under Management (AUM) fourfold to 70 GW, building a strong annuity-led business. This growth will be supported by a ~40% market share in India’s wind market, 3 GW export order intake, and a shift towards a higher-value mix by targeting a ~60% volume contribution from RE DevCo.</p>



<p class="wp-block-paragraph"><strong>Wind-first full-stack RE solutions</strong></p>



<p class="wp-block-paragraph">Suzlon is India&#8217;s first full-stack renewable energy company encompassing all technologies &#8211; Wind + Solar + BESS + Energy Management Service under a single, bankable delivery model. The ambition is to scale annual renewable sales to 10 GW by FY31 by becoming a lifetime trusted partner for clients for all their renewable energy needs. In wind, it will continue to innovate market-defining turbines, while in solar, Suzlon is going for an asset-light model where it will leverage ecosystem partnerships. The model solves the challenge of fragmented renewable procurement and execution through a single accountable partner.</p>



<p class="wp-block-paragraph"><strong>Wind</strong></p>



<p class="wp-block-paragraph">Wind remains Suzlon&#8217;s core growth engine, with ambitions to maintain ~40% market share in India and secure 3 GW of order intake in exports by FY31. Growth will be driven by &#8216;BlueSky&#8217; product platform with next-generation high-capacity wind turbines &#8211; S175 (5 MW) and S163 (6.3 MW), alongside a comprehensive portfolio spanning 2 MW to 6+ MW.</p>



<p class="wp-block-paragraph"><strong>Storage</strong></p>



<p class="wp-block-paragraph">Suzlon is foraying into intelligent battery energy storage systems (BESS) to make renewable energy more reliable, dispatchable, and grid-ready. The company plans to establish a BESS manufacturing facility by 2027, focused on developing intelligent storage solutions tailored to Indian grid conditions. The business solves renewable energy intermittency and grid reliability challenges.</p>



<p class="wp-block-paragraph"><strong>RE DevCo</strong></p>



<p class="wp-block-paragraph">RE DevCo is India’s first and only integrated co-development platform converting renewable potential into execution-ready sites at scale. Built on long-horizon partnerships of 3-5 years, it helps customers scale their renewable energy portfolios faster than ever through end-to-end development capabilities across land, grid connectivity, approvals, and project execution. Backed by 30-years of wind leadership, the platform solves one of the biggest bottlenecks of the sector – project readiness, speed to market, and scale.</p>



<p class="wp-block-paragraph"><strong>RE Projects</strong></p>



<p class="wp-block-paragraph">Suzlon is scaling its EPC platform to deliver integrated Wind, Solar, and BESS projects with greater speed, quality, and predictability. It solves execution challenges by reducing project delays and improving delivery certainty.</p>



<p class="wp-block-paragraph"><strong>RE Asset Management Services</strong></p>



<p class="wp-block-paragraph">Suzlon aims to grow its asset under management fourfold to 70 GW by FY31, creating a large annuity business. The company is expanding its asset management services across wind, solar, hybrid, and multi-brand portfolios. Leveraging digital pathways and a nationwide service network, it will maximize asset performance across the lifecycle. The business solves the challenge of maintaining long-term reliability, efficiency, and returns from renewable energy assets.</p>



<p class="wp-block-paragraph"><strong>Girish Tanti, Vice Chairman, Suzlon Group</strong> said, <em>&#8220;As the world enters a super-cycle of electrification, Suzlon 2.0 is built to partner with customers and nations to accelerate the energy transition. We deliver energy security through firm, reliable, and affordable wind-first, full-stack renewable solutions- from concept to commissioning to lifetime asset management. In the next 5 years, we aim to grow our renewable fleet under management by 4x to 70 GW and annual RE sales of 10 GW.”</em></p>



<p class="wp-block-paragraph"><strong>Ajay Kapur, Chief Executive Officer, Suzlon Group,</strong> said, <em>“RE DevCo will be the growth engine of Suzlon 2.0. As India&#8217;s first integrated renewable energy co-development platform, it is designed to solve the industry&#8217;s biggest challenge by accelerating project readiness, scale, and reducing time-to-market. We aim to capture 60% of our volume contribution from RE DevCo, leading to 40% market share in the Indian wind market. We are targeting 15 GW of RE orderbook and 3 GW of export order intake by FY31. &#8220;</em></p>



<p class="wp-block-paragraph"><strong>Dharini Mishra, Chief Brand and Reputation Officer, Suzlon Group</strong>, said, “<em>The world no longer needs just more clean energy &#8211; it needs clean energy that works. As energy becomes the foundation of economic growth and human progress, reliability matters as much as sustainability. &#8220;</em></p>



<p class="wp-block-paragraph"><strong>Our Brand Promise and Purpose</strong></p>



<p class="wp-block-paragraph">Our new brand promise &#8211; &#8220;Good Energy That Works&#8221; captures our belief that good energy enables human possibility. It is our commitment to delivering renewable energy that is dependable, accessible, affordable, integrated, and intelligent &#8211; because good energy must do more than exist &#8211; it must work.</p>



<p class="wp-block-paragraph">In essence, &#8220;Good&#8221; reflects the positive impact we create on customers, communities, economies, and the environment. &#8220;Energies&#8221; represents the clean, renewable power we harness and scale. &#8220;That Works&#8221; is our commitment to delivering on demand, performing under pressure, and proving capability through consistent execution.</p>
<p>The post <a href="https://nrinews24x7.com/suzlons-strategic-growth-plan-targeting-10-gw-in-renewable-energy-sales-and-70-gw-aum-expansion/">Suzlon&#8217;s Strategic Growth Plan: Targeting 10 GW in Renewable Energy Sales and 70 GW AUM Expansion</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://nrinews24x7.com/suzlons-strategic-growth-plan-targeting-10-gw-in-renewable-energy-sales-and-70-gw-aum-expansion/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Building a Robust Aerospace and Defence Supply Chain in India</title>
		<link>https://nrinews24x7.com/building-a-robust-aerospace-and-defence-supply-chain-in-india/</link>
					<comments>https://nrinews24x7.com/building-a-robust-aerospace-and-defence-supply-chain-in-india/#respond</comments>
		
		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Mon, 08 Jun 2026 02:01:46 +0000</pubDate>
				<category><![CDATA[National Business]]></category>
		<category><![CDATA[Aerospace]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Chain]]></category>
		<category><![CDATA[defence]]></category>
		<category><![CDATA[supply]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=181015</guid>

					<description><![CDATA[<p>CHENNAI: TVS Supply Chain Solutions (TVS SCS) (NSE: TVSSCS, BSE: 543965), a leading global supply chain solutions provider and one of India’s largest and fastest-growing integrated supply chain companies, today announced the formation of a joint venture with ALA Group, an Italy-based aerospace and defence supply-chain integrator, to address opportunities in India’s fast-growing aerospace and [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/building-a-robust-aerospace-and-defence-supply-chain-in-india/">Building a Robust Aerospace and Defence Supply Chain in India</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<ul class="wp-block-list">
<li>The JV is targeting cumulative revenues in excess of ₹2,000 Cr. by 2031</li>
</ul>



<p class="wp-block-paragraph"><strong>CHENNAI:</strong> TVS Supply Chain Solutions (TVS SCS) (NSE: TVSSCS, BSE: 543965), a leading global supply chain solutions provider and one of India’s largest and fastest-growing integrated supply chain companies, today announced the formation of a joint venture with ALA Group, an Italy-based aerospace and defence supply-chain integrator, to address opportunities in India’s fast-growing aerospace and defence sectors. TVS SCS will hold a 51% stake in the JV, while ALA will own the remaining 49%. The JV is expected to emerge as a significant growth driver for TVS SCS in India, with cumulative revenues projected to exceed ₹2,000 Cr by 2031.</p>



<p class="wp-block-paragraph">Following the signing of a Memorandum of Understanding earlier this year, TVS SCS and ALA Group witnessed strong engagement and active interest from multiple industry participants across the aerospace and defence ecosystem. This momentum accelerated the decision to formalise the partnership through a dedicated joint venture platform.</p>



<p class="wp-block-paragraph">Aerospace and defence supply-chain solutions globally are characterised by specialised procurement, inventory management, and mission-critical fulfilment capabilities, making them structurally higher-margin businesses with strong returns on capital employed (RoCE). Quality companies in this sector have consistently delivered strong profitability metrics, with PBT margins in the range of 8-9%, reflective of this high-value segment.</p>



<p class="wp-block-paragraph">The JV will initially focus on opportunities in India, while TVS SCS and ALA will continue to evaluate opportunities to support aerospace and defence supply-chain requirements across select international markets over time.</p>



<p class="wp-block-paragraph">R. Dinesh, Executive Chairman, TVS Supply Chain Solutions, said, “This joint venture marks our entry into the high-growth and globally significant aerospace and defence supply chain market. India is emerging as one of the most important growth engines for the global aerospace and defence industry, driven by localisation initiatives, strategic investments,<em> and expanding international collaborations between India and key global aerospace and defence ecosystems.</em></p>



<p class="wp-block-paragraph"><em>He further added, “ALA brings deep domain expertise, strong global customer relationships and proven capabilities in specialised aerospace and defence supply chain solutions, which complement TVS SCS’ extensive network, digital capabilities and execution strength. Together, we are building a scalable and future-ready platform for global aerospace and defence companies to serve Indian requirements for both the aerospace and defence sectors.”</em></p>



<p class="wp-block-paragraph"><strong>Vittorio Genna, Vice President and Co-Founder, ALA Group</strong>, added, <em>“India is one of the world’s fastest-growing aerospace and defence markets, driven by increasing defence modernisation programmes and expanding global partnerships. We have strong customer relationships across the aerospace sector, and many global companies in this sector are actively evaluating and expanding their presence in India, creating significant opportunities for specialised supply chain services.</em></p>



<p class="wp-block-paragraph">Through this partnership with TVS SCS, we will be well-positioned to support the evolving requirements of our global customers in India. In TVS SCS, we have found a partner with deep market understanding, a strong domestic network, proven execution capabilities,<em> and a trusted brand. Their strong operational and technology-led execution capabilities, combined with extensive supply chain infrastructure, make them an ideal partner to build a scalable and differentiated aerospace and defence logistics platform.”</em></p>



<p class="wp-block-paragraph"><span style="box-sizing: border-box; margin: 0px; padding: 0px;">Says<strong> Vikas</strong></span><strong> Chadha, Global Chief Executive Officer, TVS Supply Chain Solutions</strong><em>, “The industry is characterised by stringent certification, compliance and traceability requirements, creating a need for specialised supply chain capabilities. Our strong presence in India, extensive supply chain infrastructure, and experience in working with complex customer and regulatory ecosystems, together with ALA&#8217;s global aerospace and defence expertise, create a compelling platform to help customers navigate these complexities more efficiently. Given the specialised and high-value nature of this business, we expect the venture to become profitable within its first twelve months of operations and be a meaningful contributor to our growth and profitability in India.”</em></p>



<p class="wp-block-paragraph"><strong>Mauro Romano, CEO of ALA MENA,</strong> said, “<em>Our experience across global aerospace and defence programmes has demonstrated the growing importance of integrated procurement and inventory management solutions. India represents a strategically important market for long-term growth, and this partnership provides a strong platform to support customers with localised and globally integrated supply chain solutions</em>.”</p>



<p class="wp-block-paragraph">The joint venture will specialise in end-to-end integrated supply chain solutions, including sourcing and supply of aerospace and defence components, kitting and sub-assembly operations, as well as consolidation, imports, warehousing, and delivery. India’s defence logistics market is expected to grow at a CAGR of around 8.6%. </p>



<p class="wp-block-paragraph"><strong>Building on proven Defence and Utilities Credentials</strong></p>



<p class="wp-block-paragraph">TVS SCS brings deep supply chain experience from its long-standing Defence and Utility sector operations in Europe, and accounts for over 30% of the company’s Europe business. The company has been supporting the UK Ministry of Defence and leading defence prime contractors for several years, managing approximately 250,000 NATO Stock Numbers (NSNs) and fulfilling around 1 million defence demands annually through a global supplier base of over 1,000 vendors. Its defence operations span land, sea, and air platforms and are governed by stringent quality, security, and compliance standards, supported by digitally enabled logistics systems that enhance visibility, resilience, and operational readiness. TVS SCS also works closely with defence prime contractors on multi-year programmes, reinforcing its credentials as a trusted global defence logistics partner.</p>



<p class="wp-block-paragraph">ALA Group, on the other hand, brings more than 35 years of experience as a specialised aerospace and defence supply-chain integrator, supporting leading OEMs, MROs, and defence programmes across Europe, North America, and selected international markets. Headquartered in Italy, ALA operates a global network of commercial offices and state-of-the-art logistics and kitting facilities, supporting major global aerospace and defence platforms and programmes. The various players in this sector are Airbus, Boeing, Dassault Aviation, Safran Group, Rolls-Royce, Collins Aerospace, and Thales Group, among others. Many of these global aerospace and defence companies are also expanding their partnerships and joint ventures with Indian companies as part of their long-term localisation and manufacturing strategies in India.</p>



<p class="wp-block-paragraph">The ALA Group supports a wide range of aerospace and defence platforms across air, land, and naval domains, providing certified spare-parts distribution, inventory optimisation, kitting, Direct Line Feed, consignment stock, and defence-grade logistics engineering services. ALA’s operations are governed by stringent quality, security, compliance standards, and operational readiness. This proven capability positions ALA as a trusted partner for complex, regulated aerospace and defence supply chains, enabling scalable and compliant solutions across multiple geographies. ALA is also at the forefront of technology, investing heavily in cybersecurity and maintaining exceptionally high-level security infrastructure. It is the only company in the Aerospace &amp; Defence sector to track and certify products with legally binding value using patented IAC (Instant Automatic Certification) technology worldwide.</p>
<p>The post <a href="https://nrinews24x7.com/building-a-robust-aerospace-and-defence-supply-chain-in-india/">Building a Robust Aerospace and Defence Supply Chain in India</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://nrinews24x7.com/building-a-robust-aerospace-and-defence-supply-chain-in-india/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Table Space Strengthens Enterprise Technology Strategy with Ashwin Chandrasekar as New Chief Information &#038; Technology Officer</title>
		<link>https://nrinews24x7.com/table-space-strengthens-enterprise-technology-strategy-with-ashwin-chandrasekar-as-new-chief-information-technology-officer/</link>
					<comments>https://nrinews24x7.com/table-space-strengthens-enterprise-technology-strategy-with-ashwin-chandrasekar-as-new-chief-information-technology-officer/#respond</comments>
		
		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Wed, 03 Jun 2026 22:54:06 +0000</pubDate>
				<category><![CDATA[National Business]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Chief]]></category>
		<category><![CDATA[Information]]></category>
		<category><![CDATA[Officer]]></category>
		<category><![CDATA[technology]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=180996</guid>

					<description><![CDATA[<p>The appointment furthers Table Space’s established focus on scaling digital platforms, deepening enterprise systems, and bringing greater intelligence to its workplace operations and client experience BENGALURU: Table Space, one of India’s leading flexible workspace providers specializing in enterprise managed offices, today announced the appointment of Ashwin Chandrasekar as its Chief Information &#38; Technology Officer (CITO). In this role, Ashwin [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/table-space-strengthens-enterprise-technology-strategy-with-ashwin-chandrasekar-as-new-chief-information-technology-officer/">Table Space Strengthens Enterprise Technology Strategy with Ashwin Chandrasekar as New Chief Information &amp; Technology Officer</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="has-text-align-center wp-block-paragraph" style="font-size:24px"><em>The appointment furthers Table Space’s established focus on scaling digital platforms, deepening enterprise systems, and bringing greater intelligence to its workplace operations and client experience</em></p>



<p class="wp-block-paragraph"><strong>BENGALURU:</strong> Table Space, one of India’s leading flexible workspace providers specializing in enterprise managed offices, today announced the appointment of <strong>Ashwin Chandrasekar</strong> as its <strong>Chief Information &amp; Technology Officer (CITO)</strong>. In this role, Ashwin will focus on bringing technology deeper into the workspace journey to improve operational efficiency, strengthen control, and scale business processes. He will also drive automation across the business and lead end-user technology, making everyday workplace experiences more intuitive, from access systems and workflows to the digital tools employees rely on daily.</p>



<p class="wp-block-paragraph">Ashwin brings close to two decades of experience across technology leadership, digital transformation, AI, and product engineering. At Table Space, he will lead the technology charter &#8211; spanning enterprise data engineering, software development, and physical devices and IoT across the portfolio. His experience spans India, Singapore, Chile, the US, and Canada across retail, banking, QSR, and consumer devices &#8211; including Amazon&#8217;s Alexa ecosystem. Most recently, as CTO at Third Wave Coffee, he built the technology backbone of a national specialty-coffee chain, owning software development, ERP, and POS, data engineering, AI initiatives, and automation across 200+ cafés.</p>



<p class="wp-block-paragraph">Earlier in his career, he delivered enterprise e-commerce, mobile banking, and Alexa Auto products at a global scale with ThoughtWorks and Amazon. He holds an MBA from UCLA Anderson School of Management, with a focus on global management and technology. Ashwin is also an entrepreneur, having founded Buybazaar, one of Chennai&#8217;s early online supermarkets.</p>



<p class="wp-block-paragraph">Commenting on the appointment, <strong>Karan Chopra, Chairman &amp; Co-CEO, Table Space</strong>, said, “<em>At Table Space, technology has never been peripheral to the business &#8211; it is fundamental to how we have built and scaled every aspect of what we do. As we enter our next phase of growth, the ability to harness AI and data not just strategically but operationally becomes a defining advantage. Ashwin brings precisely that &#8211; a rigorous, ground-up understanding of how technology creates measurable impact at scale. We are very pleased to welcome him to the leadership team</em>.”</p>



<p class="wp-block-paragraph">On joining Table Space, <strong>Ashwin Chandrasekar, Chief Information &amp; Technology Officer,</strong> said, “<em>Table Space isn&#8217;t just building offices &#8211; it&#8217;s building thoughtfully designed work environments where companies can scale, teams can collaborate better, and people can focus on doing their best work. What excites me most is embedding technology into every layer of that experience &#8211; improving how decisions are made, how spaces are run, and how people interact with their environment day-to-day on a strong enterprise data engineering foundation. When great workspaces are backed by great technology, people are free to focus on what really matters: their work</em>.”</p>



<p class="wp-block-paragraph">The appointment comes at a time when large enterprises are raising their expectations of managed workspace providers, demanding greater operational efficiency, personalization, and insight from their partners. With a strong technology foundation already in place, Table Space is well-positioned to meet that demand, and Ashwin’s expertise will be integral to sustaining that edge as the company scales.</p>
<p>The post <a href="https://nrinews24x7.com/table-space-strengthens-enterprise-technology-strategy-with-ashwin-chandrasekar-as-new-chief-information-technology-officer/">Table Space Strengthens Enterprise Technology Strategy with Ashwin Chandrasekar as New Chief Information &amp; Technology Officer</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://nrinews24x7.com/table-space-strengthens-enterprise-technology-strategy-with-ashwin-chandrasekar-as-new-chief-information-technology-officer/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Ingram Micro&#8217;s Sanjib Sahoo Recognized as Business Excellence Icon by Achievers World</title>
		<link>https://nrinews24x7.com/ingram-micros-sanjib-sahoo-recognized-as-business-excellence-icon-by-achievers-world/</link>
					<comments>https://nrinews24x7.com/ingram-micros-sanjib-sahoo-recognized-as-business-excellence-icon-by-achievers-world/#respond</comments>
		
		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Wed, 03 Jun 2026 22:49:18 +0000</pubDate>
				<category><![CDATA[National Business]]></category>
		<category><![CDATA[Achiever]]></category>
		<category><![CDATA[AWARD]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[ICON]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=180993</guid>

					<description><![CDATA[<p>MUMBAI: Sanjib Sahoo, President of the Global Platform Group at Ingram Micro, has been conferred the prestigious “Business Excellence Icon of the World” recognition by Achievers World, honoring his global impact in artificial intelligence, enterprise platforms, and digital transformation leadership. The recognition celebrates Sahoo’s contributions to advancing AI-powered platforms and driving large-scale business transformation across global [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/ingram-micros-sanjib-sahoo-recognized-as-business-excellence-icon-by-achievers-world/">Ingram Micro&#8217;s Sanjib Sahoo Recognized as Business Excellence Icon by Achievers World</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong>MUMBAI:</strong> Sanjib Sahoo, President of the Global Platform Group at Ingram Micro, has been conferred the prestigious “Business Excellence Icon of the World” recognition by Achievers World, honoring his global impact in artificial intelligence, enterprise platforms, and digital transformation leadership. The recognition celebrates Sahoo’s contributions to advancing AI-powered platforms and driving large-scale business transformation across global industries.</p>



<p class="wp-block-paragraph">The recognition places Sahoo among a distinguished league of global business leaders, innovators, and transformational executives celebrated for redefining industries through innovation, strategic leadership, and long-term impact. Achievers World recognizes individuals whose work creates measurable transformation, inspires excellence, and drives meaningful global influence across industries.</p>



<p class="wp-block-paragraph">“<em>Technology alone does not transform a company’s mindset; courage and execution do</em>,” said <strong>Sanjib Sahoo, President, Global Platform Group, Ingram Micro</strong>. “<em>AI represents one of the greatest opportunities of our generation to reimagine how businesses operate, how people innovate, and how ecosystems create value together. This recognition is a reflection of the collective efforts of teams and partners who continue to push the boundaries of innovation and transformation globally</em>.”</p>



<p class="wp-block-paragraph">One of the most prominent Indian-origin executives in global enterprise technology, Sahoo is widely recognized for leading Ingram Micro’s transformation into an AI-powered platform company through Xvantage<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" />, the company’s next-generation intelligent platform. Under his leadership, Ingram Micro has accelerated one of the technology industry’s most ambitious platform transformations, leveraging artificial intelligence, automation, data intelligence, machine learning, and intelligent orchestration to modernize and simplify global technology commerce.</p>



<p class="wp-block-paragraph">The award further strengthens Sahoo’s growing international profile following his recent recognition by Outlook India as one of the “Game Changers of the Decade,” alongside renowned global Indian leaders including Nandan Nilekani, Sundar Pichai, and Satya Nadella. He was also recently honored as a “Global AI Icon” for his contributions to artificial intelligence, enterprise platforms, and large-scale business transformation.</p>



<p class="wp-block-paragraph">At Ingram Micro, Sahoo leads global platform strategy, AI innovation, digital operations, and platform transformation initiatives across one of the world’s largest technology ecosystems. Widely known for his vision that “Intelligence is the new operating system,” he has emerged as a leading voice in the global AI and platform economy, helping shape the future of intelligent enterprise platforms, AI-powered commerce, and next-generation digital operating models.</p>



<p class="wp-block-paragraph">Over the course of his career, Sahoo has led large-scale transformations across multiple industries, including logistics, technology distribution, supply chain ecosystems, and enterprise digital operations. His leadership philosophy, combining bold digital innovation with operational excellence and human-centered leadership, has earned recognition across global boardrooms, technology communities, and industry forums worldwide.</p>
<p>The post <a href="https://nrinews24x7.com/ingram-micros-sanjib-sahoo-recognized-as-business-excellence-icon-by-achievers-world/">Ingram Micro&#8217;s Sanjib Sahoo Recognized as Business Excellence Icon by Achievers World</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://nrinews24x7.com/ingram-micros-sanjib-sahoo-recognized-as-business-excellence-icon-by-achievers-world/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
	</channel>
</rss>
