CABL Forum launched an advanced Decision Support System (DSS) for air quality management, a first-of-its-kind DSS designed to support data-driven air quality management in the Twin Cities and informed decision-making.  The platform will enable city authorities to access, analyse, and utilise air quality data more effectively, helping identify pollution hotspots, assess interventions, and strengthen planning and implementation efforts.

This Decision Support System (DSS) for Pune and Pimpri-Chinchwad, developed by Airvoice, delivers high-resolution air quality forecasts up to 72 hours in advance. Built on local emissions inventories, detailed weather forecasts, and advanced atmospheric modelling, the system generates hourly air quality predictions at 1 km resolution across the region. By providing a forward-looking view of pollution levels, the platform will enable city authorities to anticipate pollution episodes, plan timely interventions, investigate emerging air quality events, and target persistent hotspots, thereby supporting proactive and data-driven air quality management across both cities. As cities grow and air quality challenges become more complex, such data-driven planning and collaborative action will be critical in delivering cleaner air and healthier communities.

Organized under the Confederation of Indian Industry’s (CII) Cleaner Air Better Life (CABL) Initiative, the Forum provided a platform for stakeholders to discuss priorities, share perspectives, and chart out a coordinated pathway for achieving cleaner air and healthier urban environments. CABL is a flagship, industry-led programme launched by CII in partnership with NITI Aayog to address air pollution through collaborative, evidence-based action and strengthen urban environmental governance across India.

Shveta Arya, Chairperson, CII Cleaner Air Better Life Initiative and Co-Convener of the Clean Air Forum, said that “Since launching the Clean Air Better Life initiative in 2016, CII has focused on bringing together industry, government, researchers, academicians, and civil society to develop practical and scalable solutions for improving air quality. Building on its years of experience and learning, CII launched the Clean Air Better Life Programme in Pune in 2023. Today, we are taking the next step forward with the delivery of a multi-stakeholder Clean Air Forum and evidence-based action plan as drafted at the CABL Action Lab, which will now be open for wider stakeholder inputs.

The Forum also reviewed the draft CABL Action Plan during an interactive roundtable discussion and discussion focused on identifying priority interventions, enhancing stakeholder coordination, and developing a shared roadmap for improving air quality in Pune and Pimpri Chinchwad. The Clean Air Forum brought senior representatives from Government, industry, academia, and civil society to strengthen collaborative action for improving air quality across Pune and Pimpri Chinchwad. Additionally, the Forum members, including local start-ups, institutions & industries, presented their ideas and proposals for new novel solutions.“

Delivering keynote addresses, Shri Naval Kishore Ram, Municipal Commissioner, Pune Municipal Corporation (PMC) and Co-Convener of the Clean Air Forum, said that, “Clean air is not to be seen as a standalone objective, but a shared outcome of how a city plans, grows, and sustains itself. It is closely linked with noise pollution, water, green cover, urban infrastructure, and the overall quality of life for citizens. As Pune continues its growth, it is important that development and environmental sustainability progress together. The city is fortunate to have leading institutions and experts who can help build data-driven solutions for air quality management. Through measures such as advanced monitoring solutions with minimal human interference, low-emission zones, first and last-mile mobility to support public transportation, green cover, seamless walkability, collaboration with industries, and citizen participation, Pune has the opportunity to create a healthier and more sustainable urban future for its citizens.”

Shri Jitendra Dudi, District Collector, Pune, also joined the occasion and noted that improving air quality in Pune requires a focused and collaborative approach. Based on our discussions and understanding of the city’s challenges, sustainable mobility, stronger public transport, and effective management of key point sources will play a crucial role in cleaner air. Experts and stakeholders bring valuable knowledge and insights, and the administration is committed to working together to implement practical solutions. Along with long-term measures, we must also focus on actionable short-term interventions, supported by regular reviews and continuous monitoring, in order to ensure that our plans translate into meaningful improvements in air quality for the city.

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MUMBAI: Aditya Birla Sun Life Insurance Company Limited (“ABSLI”), the life insurance subsidiary of Aditya Birla Capital, India’s leading diversified financial services company, today announced the launch of ABSLI Anmol Akshaya, a savings-oriented participating life insurance plan designed to help customers achieve future goals while safeguarding their families against life’s uncertainties.

 Exclusive offerings of the Plan:

1. My Child: Policyholders can choose milestone-based income pay-outs aligned to key stages of a child’s educational journey, from undergraduate studies and professional courses to post-graduation and career beginnings.

2. My Savings: Designed for customers looking to create a medium to long-term corpus for future goals such as daughter’s marriage, buying a house, retirement planning, etc., while also ensuring life insurance protection for their families.

3. HER Benefits: For women, the plan offers attractive savings for future goals and exclusive HER Benefits built into the plan. The proposition includes complimentary Health Management Services, providing access to medical consultations, health coaching, second medical opinions, and personal medical care management to support proactive health management.

ABSLI Anmol Akshaya offers customers added flexibility through optional protection enhancements such as the Extended Life Cover (ELC) option that enables customers to continue their life insurance cover beyond Maturity up to the age of 75 or 85. Additionally, the Policy Continuance Benefit (PCB) helps safeguard long-term financial goals of the family by offering an immediate death benefit, under specified conditions, on the death of the Life assured. Besides, this benefit also provides a waiver of future premiums upon the death of the Life Insured, while policy benefits continue till maturity.

Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance Company Limited, said, “Financial planning today is increasingly centered around life goals rather than standalone products. From securing a child’s future, family’s future goal, and a savings corpus to address the evolving financial and wellness needs of women, customers seek solutions that support them through different stages of life. With ABSLI Anmol Akshaya, we have created a proposition that combines savings and protection, along with meaningful benefits, helping customers pursue their aspirations with greater confidence and financial resilience.”

As a part of the HER benefits offering of ABSLI Anmol Akshaya plan, it also features a Motherhood Benefit, under which eligible women can receive an accelerated payout equivalent to one annualized premium upon childbirth after a certain policy duration. Further, the Cancer Care Benefit provides an accelerated payout of 25% of the Guaranteed Maturity Benefit upon diagnosis of a covered woman-specific cancer.

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The bulk of NPS participation is concentrated among older investors, with the 30–60 age group accounting for 76% of all subscribers. By the time many Indians begin planning for retirement, they have already lost the biggest advantage long-term investing offers: time. In contrast, the under-30 segment, where even small and consistent contributions can compound meaningfully over decades, remains significantly underpenetrated.

The contribution numbers make this even clearer. The average subscriber under 30 contributes around ₹2,500 a month, while those between 55 and 60 invest nearly ₹18,000. Part of this gap reflects income levels, but it also reflects perspective.

Younger investors still have time on their side, allowing smaller, consistent contributions to compound over decades. Older investors, on the other hand, often contribute larger amounts because retirement is closer and the window to build a meaningful corpus is far narrower.

One bright spot in the Aditya Birla Sun Life Pension Fund Management data stands out. Investors under 30 allocate 61% of their NPS corpus to equities, the highest among age groups. The risk appetite is there. What is missing is consistency.

Furthermore, women represent just 23% of NPS subscribers. Given that women on average outlive men and face greater financial vulnerability in retirement, this is a gap with real consequences, not just for individuals, but for household retirement security across the country.

The NPS infrastructure is accessible and low-cost. The awareness, clearly, still has a long way to go. What makes NPS particularly powerful for younger investors is the combination of compounding and disciplined investing. Even small monthly contributions, when invested consistently over long periods, can compound significantly.

The lock-in structure of NPS also plays an important role by encouraging long-term financial discipline and preventing premature withdrawals driven by short-term market movements or lifestyle spending. Over decades, these seemingly modest contributions can help solve for a much larger purpose: financial independence in retirement.

India is sitting on a demographic dividend with an expiry date. The young Indians who start now, contribute consistently, and stay invested may not see the real benefits for decades, but that is exactly what makes starting early so important, because time is the biggest driver of long-term compounding and retirement security.

¹https://www.ey.com/en_in/insights/india-at-100/reaping-the-demographic-dividend#:~:text=The%20fact%20that%20India%20has,Europe%20is%20over%20~21%25.

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This joint venture combines Jahwa Electronics’ high-efficiency thermal technologies with Tata AutoComp’s robust local manufacturing ecosystem, customer relationships, and market leadership. The joint venture positions India as a key strategic hub for Jahwa, leveraging localized low- and high-voltage PTC heaters to tap into booming EV and hybrid investments from global and domestic OEMs.

Commenting on the partnership, Chanyong Kim, CEO of Jahwa Electronics, said: “Jahwa Electronics considers it highly meaningful to contribute to the rapidly growing Indian electric vehicle market and infrastructure ecosystem through cooperation with Tata AutoComp.

By combining Jahwa’s precision component technology with Tata AutoComp’s strong local network and expertise, we aim to provide high-efficiency thermal management solutions optimized for the Indian market.

With domestic automakers and global OEMs aggressively scaling investments in electrification, India’s electric and hybrid vehicle markets are expanding rapidly. This is a critical juncture for us to establish a firm market entry foundation as a key supplier of both high-voltage and low-voltage PTCs. Forging this venture with Tata AutoComp is a deeply strategic decision; the Tata Group’s formidable market influence, business scale, and exceptional corporate credibility ensure we secure a stable foothold and drive sustainable growth across the region.”

Commenting on the joint venture, Arvind Goel, Vice Chairman, Tata AutoComp Systems, said: “This joint venture marks another milestone in Tata AutoComp’s strategy of bringing world-class automotive technologies to India. I am confident that our partnership with Jahwa Electronics, a globally recognized leader in specialty electronic components, will help introduce innovative, sustainable solutions to the evolving mobility landscape of India.”

Tata AutoComp Systems MD & CEO, Manoj Kolhatkar, added, “Jahwa Electronics exceptional technological prowess perfectly complements our robust manufacturing ecosystem. This JV is testimony to our vision of value delivery through constant innovation.”

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Under the agreement, ICIEC will provide facultative reinsurance on a case-by-case basis for OeKB-supported insurance facilities. The arrangement will help enhance support for Austrian exporters, lenders, and investors undertaking transactions with counterparties in ICIEC Member States, while contributing to the mobilisation of trade, investment, and development-oriented projects across key markets.

The reinsurance arrangement applies to the principal portion of covered credit exposures, with participation levels to be mutually agreed and documented for each transaction. By combining OeKB’s export credit insurance expertise with ICIEC’s multilateral mandate and deep understanding of risks across its Member States, the agreement will help unlock additional capacity for transactions that support economic connectivity, private sector development, and sustainable growth.

Commenting on the signing, Dr. Khalid Khalafalla, Chief Executive Officer of ICIEC, said: “Building on the reinsurance agreement signed between ICIEC and OeKB in 2023, this Framework Reinsurance Agreement marks another important step in deepening our institutional cooperation. It provides a practical platform to expand reinsurance capacity, enhance risk-sharing, and support eligible export credit and investment insurance transactions involving Austria and ICIEC Member States. Through this partnership, ICIEC will continue to help mitigate risks, mobilise trade and investment, and support transactions that contribute to sustainable economic growth and development impact across our Member States.”

Gerhard Kinzelberger, Senior Director, International Relations & Country Analysis, said: “Many member countries of ICIEC are dynamically growing, interesting markets for Austrian export companies. We are therefore very pleased about the conclusion of this reinsurance agreement, with which we can support Austrian exporters in OIC member states even better in their projects and investments.”

Through this Framework Reinsurance Agreement, ICIEC and OeKB are establishing a stronger platform for cooperation that can support eligible transactions, expand insurance capacity, and contribute to increased trade and investment flows between Austria and ICIEC Member States. The agreement also underscores the role of reinsurance partnerships in enabling risk mitigation, strengthening market confidence, and supporting sustainable economic development.

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As of September 2025, IAMI is the 16th-largest domestic asset manager in India, with combined onshore and offshore (through advisory) average assets under management of INR 148,358 crores for the quarter ending September 2025, and a presence in 40 cities across the country.

Both partners contribute their respective strengths to the venture, with Invesco offering its global investment management expertise and product range, while IIHL will support, through its promoted entity and subsidiaries, a robust distribution network comprising over 11,000 touchpoints across India and serving a customer base of 45 million. IIHL will also deploy the reach of several associate entities of its global shareholders that offer synergistic business operations to widen the customer base by another 50 million.

There will be no change in IAMI’s focus on investment excellence and exceptional client service. The JV will continue to operate under the same management led by Saurabh Nanavati, with the same disciplined and research-driven investment philosophy and processes that have been central to its investment offerings since 2008, ensuring strong continuity for investors, distributors, and other stakeholders. 

Ashok Hinduja, Chairman, IIHL, said, “At IIHL, we are very enthused with this JV with Invesco, to augment our para banking portfolio by including Asset Management, and be a global financial (BFSI) powerhouse by 2030.   This is the most opportune time, when India, on the back of rising income levels, favourable demographics, offers enormous investment prospects to all Indians, the diaspora included. We will endeavour to reach the last home, last investor transparently and efficiently, and live up to investors’ expectation that mutual fund sahi hai.”

Andrew Lo, Chief Executive Officer, Asia Pacific at Invesco, said: “Our India business has seen solid growth in the last nine years. We now look forward to the partnership with IIHL to further expand our distribution capability in the domestic market.  As always, our focus will remain squarely on industry-leading investment offerings and service for our India clients with compelling global and domestic investment capabilities.”

Speaking on the announcement, Saurabh Nanavati, CEO, Invesco Asset Management (India), said: “We are pleased to announce the completion of this strategic transaction. This joint venture represents the coming together of Invesco’s global expertise in asset management and IIHL, facilitating its deep local market presence. Together, we aim to strengthen our reach and expand distribution, especially in Tier 2 and Tier 3 towns, thereby making quality investment solutions available to a wider set of investors across India. We also aim to increase our presence and offerings through GIFT City, SIFs, Passive Products, and Digital channels.”

Motilal Oswal Investment Advisors acted as the exclusive financial advisor to IIHL. Crawford Bayley and AZB acted as legal advisors to IIHL & Invesco, respectively.

Founded in 1993 under the visionary leadership of the late Shri S.P. Hinduja and his three brothers, IIHL is an investment holding Company well-regulated by the Financial Services Commission, Mauritius, under a Global Business License and is governed by the Board of Directors.  Its investment portfolio under various Regulatory jurisdictions comprises Banking Services (IndusInd Bank, IIHL Bank & Trust Limited- Bahamas), Capital Market Assets (Afrinex Exchange Limited, Mauritius, with a cumulative listing of $13.5bn of underlying securities). Recently, it acquired the Insurance Businesses (Life, Non-Life, and Health) along with the Securities business of Reliance Capital Ltd to augment its portfolio.

IAMI began operations in India in late 2008 with the acquisition of Lotus India Asset Management Company and has since grown to serve over 2.9. million retail investor folios and over 48,000 empanelled distributors, with over 70% of its AUM in equity and equity-oriented assets. Invesco also operates an enterprise centre in Hyderabad employing more than 1,700 staff across a range of global support functions, including information technology, investment operations, finance, compliance, and human resources.

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Through its subsidiaries, the company has entered into definitive agreements to acquire the distribution business of the Fintoo Group, which includes the distribution of Wealth Products, Insurance Products, Alternative Investment Funds (AIFs), and Portfolio Management Services (PMS) currently operated under Mihika Financial Services Private Limited and Mihika Insurance Marketing Firm LLP.

This acquisition will contribute an incremental AUM of approximately ₹300 crores to Choice’s wealth management business. Additionally, the company has acquired Fintoo’s insurance distribution business, encompassing its client portfolio, team, IT systems, and supporting infrastructure.

Further strengthening its distribution footprint, Choice has also acquired the distribution business of Glory Prime Wealth Private Limited, a Pune-based wealth products distributor managing an AUM of ₹210 crores. This acquisition enhances Choice’s presence in Western India and broadens its client base among affluent and emerging affluent investors.

The company has also formed a strategic business association with four mutual fund distributors based in Himachal Pradesh, under which they have merged their wealth management business with Choice, contributing an additional AUM of ₹125 crores.

Expanding Horizons in Wealth Management

These strategic initiatives collectively underscore Choice’s accelerated expansion in the wealth and investment management space. The company is focused on building a tech-driven, multi-channel wealth platform, integrating Fintoo and Glory Prime’s strong distribution network to deliver comprehensive, personalized, and scalable investment solutions.

Arun Poddar, Group CEO, Choice International Limited, commented: “This investment aligns perfectly with our strategy of expanding Choice’s presence across the wealth and investment management value chain. Fintoo’s digital-first approach and strong client base, coupled with the robust distribution franchise of Glory Prime, will accelerate our plans to build a scalable, integrated platform that delivers superior value and convenience to investors. We continue to explore more such synergistic opportunities to strengthen our leadership in the wealth management space.”

In recent months, Choice International has accelerated its expansion in the wealth management space through a series of strategic acquisitions. The acquisition of Arete Capital Services added ₹5,151 crore in AUM, and together with the latest integrations, Choice’s total wealth management assets have risen from around ₹1,000 crore to over ₹6,800 crore — a growth of nearly seven times. This strong upward trajectory underscores the company’s focused strategy to build a tech-enabled, client-centric financial ecosystem that caters to the evolving needs of HNI and institutional investors across India.

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Since entering the Indian market in 2019, Avaloq has built a robust presence in Pune, growing to over 170 employees across project delivery, product development, banking operations, cloud technology, and corporate services. As a key orchestrator in the financial ecosystem, Avaloq welcomed leading banks, wealth management firms, and fintech companies to explore the trends driving innovation in the industry. Attendees included representatives from NatWest, HSBC, Barclays, Deutsche Bank, DBS, Accenture, Infosys, HCLTech, Synpulse, TecFinics, and Tech Mahindra.

The event provided a platform for insightful discussions on critical advancements shaping the wealth management sector, with a focus on cloud transformation, strategic partnerships, and enhancing operational efficiency. Key topics covered included:

• India’s growing wealth and investment needs

India’s financial wealth is projected to grow significantly. This is mostly driven by economic expansion, rising affluence, and increasing demand for professional financial advice. Avaloq showcased its wealth management and private banking solutions, emphasizing how digitalization can support the growing demand of India’s affluent population. The discussions highlighted India’s readiness for more sophisticated investment solutions and the role of technology in meeting these needs.

• Cloud transformation

Cloud technology is revolutionizing the wealth management industry. The adoption of cloud solutions is enabling financial institutions to enhance operational efficiency and scalability, crucial for meeting the evolving expectations of investors.

• Artificial intelligence

The collaboration with NEC Corporation drives controlled innovation in AI, focusing on responsible and transparent use. AI is transforming the wealth management industry by enhancing operational efficiency and providing personalized client experiences. AI-driven tools can analyze vast amounts of data to offer tailored financial advice and automate routine tasks, allowing experts to focus on more complex issues.

• Enhancing operational efficiency

Various strategies to improve operational efficiency were explored, including the consolidation of technology systems Various strategies to improve operational efficiency include the consolidation of technology systems into a single platform with harmonized data. This approach helps financial institutions reduce costs and streamline processes. Operational efficiency is critical for maintaining competitiveness, especially as firms face increasing regulatory pressures and the need to deliver high-quality client service.

• Integration capabilities

As financial institutions expand their service offerings, especially in growth markets, they often rely on a complex ecosystem of point solutions to meet evolving client needs. However, managing multiple disparate systems can lead to inefficiencies and higher operational costs over time. Avaloq emphasized the importance of consolidating technology systems in a single platform with harmonized data for enhanced operational efficiency and long-term scalability.

Anirban Mukherjee, Managing Director for India at Avaloq, commented: “India’s financial landscape is undergoing a dramatic transformation, and within this dynamic environment, Avaloq, a specialist in wealth management and private banking solutions, is poised to carve a significant niche. While the nation’s focus often gravitates towards the mass-market digital banking revolution, a quieter yet equally potent shift is occurring: the rapid expansion of India’s affluent population. As India’s wealth accumulates, the demand for personalized, robust, and technologically advanced wealth management platforms will inevitably surge. Our goal at Avaloq is to help financial institutions address the specific wealth management needs of these new investors.”

Reflecting on the event, Pascal Wengi, Managing Director for Region International at Avaloq, stated: “India’s wealth management industry is evolving rapidly, driven by economic growth, rising affluence, and increasing demand for professional financial advice. Our first Avaloq India Community Connect event in Pune provided a valuable forum for industry leaders in Pune to discuss key trends and strategies to improve client service and scale operations efficiently. As the market develops, technology will be a key factor in enabling firms to offer seamless, personalized, and efficient wealth management services. With 40 years of experience in wealth management technology, we look forward to supporting financial institutions in establishing and expanding their specialized wealth management services to better meet the needs of affluent investors in India.”

Avaloq India Community Connect discussed the challenges posed by fragmented technology ecosystems and highlighted the importance of integrated platforms that support both front and back-office functions. As India’s wealth management industry becomes more sophisticated, a harmonized, scalable approach to technology will be essential to help the country’s banks and wealth managers address investors’ evolving expectations.

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PUNE:  Apart from moral support and information resources, patient support groups will have a larger role to play in the research, advocacy, guidelines, and influencing policy decisions opined Dr Chandrasekhara S, President IRA (Indian Rheumatology Association). He was speaking at the annual ‘National Patient Convention’ organized by Mission Arthritis India (MAI), a voluntary support group for patients of arthritis and rheumatism since 2000. Chief Guest Dr. Chandrasekhara S, President IRA, Guests of Honour Dr. Kiran Seth, Senior Consultant Rheumatologist, Delhi, Dr. Kavita Krishna, HoD Rheumatology, Bharati Vidyapeeth Medical College, Mrs. Manisha Sanghavi, Director Sancheti Healthcare Academy along with Dr. Arvind Chopra Director and Chief Rheumatologist Center for Rheumatoid Diseases (CRD), Sharayu Bhat, Founder Member & Trustee, MAI, Deepa Mehta, Chairperson, MAI, Shweta Kulkarni, Secretary, Rani Parasnis, Trustee, Mission Arthritis India, & Shivani Barve, Treasurer were present on the occasion. The Annual souvenir was also released on the occasion. 

More than 100 patients and about 15 rheumatologists came together to discuss various aspects and management of rheumatoid arthritis.

Dr Chandrashekhara S, President of IRA (Indian Rheumatology Association) said that the way we see, treat, or manage patients of autoimmune arthritis has changed. The concept itself has changed over the last twenty-five years. We now have choices with more than 40 to 50 drugs. Which one to give, when to give, how much to give, there is a lot of research that goes on. Therefore guidance and recommendations are key. The disease itself is complex and affects different persons differently. Hence apart from moral support and information patient support groups will have a larger role to play. Dr. Chandrashekara pointed out two areas the first being research where advocacy groups, associations, and societies can help create funds for research which can be useful for the medical fraternity and can change the perspectives of treatment and management. Secondly, referring to the Western world, he said that patient groups need to push themselves to be a part of advocacy in terms of creating some guidelines. Patient support groups should also play an active role in presenting various issues like insurance to the Government and other policy-making bodies.

Addressing the patients, he said that arthritis keeps coming but your spirits should not die with it. When we start walking fall is inevitable, we should get up and get walking, and when we look at it from this perspective things change 

Dr. Kiran Seth, Senior Consultant Rheumatologist, Delhi said that every human being has the power to fight the disease but also to create an environment where they can inspire others to fight it. Following prescription, diet, exercise, mental health, and attitude are key for arthritis patients to make life easier. 

Dr. Kavita Krishna HoD Rheumatology said that it is true that arthritis is seen more in women, especially autoimmune arthritis.

It is challenging for women with arthritis. Correct diagnosis, treatment, and control of modifiable factors like weight management, low-impact exercises, diet, medication and can help in pain management.

Mrs Manisha Sanghavi, Chairperson of Sancheti Healthcare Academy said that arthritis can slow us down but the human spirit is far superior.

The highlight of the program was Late Shri. P C Nahar Oration Award was conferred to Dr Vaijyanti Lagu Joshi one of the first female rheumatologists in Pune.

CRD Vat Viruddha Yoddha Award was given to Shalaka Burande from Pune &  Vachasamrita S, Co-Founder of Lupus Trust  India, Kochi was conferred Shri Haribhau Rathiji Vat Viruddha Yoddha Award.

Shweta Kulkarni. Secretary MAI gave the welcome address, Deepa Mehta, Chairperson MAI said this year is an important milestone for us as we celebrate the SILVER JUBILEE year.

Deepa Mehta, Chairperson of Mission Arthritis India said this year is an important milestone for us as we celebrate the SILVER JUBILEE year. The platform is for seeking knowledge from renowned doctors about arthritis. The patient support group for arthritis provides emotional support, a sense of belongingness, understanding others’ similar concerns in a nonjudgemental environment, sharing experiences, and information, and making all understand that they are not alone. This helps in empowering the patients and helps them make informed decisions.

Dr.Arvind Chopra Director and Chief Rheumatologist Center for Rheumatoid Diseases (CRD) said that if we want to create awareness about bone and joints at every level, we need people who can be a bridge between doctors and patients. And that was the reason we started this support group ‘ MAI’. Awareness, Knowledge, and empowerment are the main pillars of MAI.

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Established in 1991 under the visionary leadership of Mr. Shantanurao Laxmanrao Kirloskar, KIM stands as a beacon of excellence in managerial education. The semi-final round of KIRIT 5.0 was held on February 19 at the Harihar campus in Karnataka, followed by the grand finale on February 21 at the Pune campus in Maharashtra.

Building on the resounding success of its previous editions, KIRIT 5.0 has strengthened its position as a premier platform for young managerial talent. The competition serves as a stage for participants to exhibit their critical thinking and strategic problem-solving skills in addressing real-world challenges faced by contemporary organizations.

KIRIT 5.0 was supported by several esteemed Kirloskar Group organizations including Kirloskar Industries Limited (KIL), Kirloskar Oil Engines Limited (KOEL), Kirloskar Pneumatic Company Limited (KPCL), Kirloskar Ferrous Industries Limited (KFIL), Kirloskar Chillers Private Limited (KCPL), and ARKA Fincap. Their commitment to fostering managerial excellence played a pivotal role in ensuring the competition’s success.

The competition welcomed participants from diverse academic backgrounds, inviting students from four-year full-time B.Tech/BE programs and three-year full-time undergraduate courses. It provided a level playing field for aspiring managers to demonstrate their ingenuity and problem-solving capabilities.

Competition Modalities had participation open to teams of three members, all from the same institution, but not necessarily the same academic year. Individuals were allowed to participate in only one team. However, institutes could field multiple teams.

KIRIT 5.0 unfolded through a series of challenging rounds designed to test participants’ analytical and strategic competencies:

Round 1: Online Quiz, Round 2: Online Case Study Submission, Round 3: On-Ground Semi-Final at Harihar Campus (Top 12 Teams), Round 4: On-Ground Finale at Pune Campus (Top 8 Teams).

Each stage assessed the teams’ ability to analyze complex managerial scenarios and devise innovative, practical solutions.

Director Dr. T.G. Vijay delivered the welcome address, emphasizing the significance of the event and highlighting key aspects of KIRIT 5.0. Aditi Kirloskar, Vice President of the Governing Council at Kirloskar Institute of Management, honored the esteemed judges for graciously accepting the invitation to assess the participants’ performances.

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