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Being a discoverer of all current affairs and in-depth learnings of successful businesses and entreprises, Nelson finds passion in authoring business articles and blogs. He is the Content Curator at Newsbizkoot Business News which he is journeying into the most viewed business news media platform
Auto & Electric Mobility

Lubi Industries to deliver 1,400 fast DC EV chargers for BPCL • EVreporter

Lubi Industries has secured a contract from Bharat Petroleum Corporation Limited (BPCL) to manufacture, supply, install, and commission 1,400 fast DC EV chargers across India. Under the agreement, Lubi Industries will deliver 60kW DC fast chargers to BPCL retail outlets nationwide.

This collaboration constitutes a notable portion of the total DC chargers to be installed in the country annually and is expected to support the adoption of electric vehicles. The chargers will be locally manufactured and designed to meet regulatory quality standards, aiming to ensure reliable operation and a long service life- added a company statement.

Speaking on this collaboration, the management from Lubi Industries said, “We are proud to partner with BPCL on this transformative project, which is fully aligned with our mission to contribute to India’s EV revolution. Our advanced charging solutions will not only ensure an uninterrupted charging experience for EV users but also underscore the importance of indigenization in building critical infrastructure.”

Also read: BPCL and IONAGE collaborate to integrate EV chargers across India

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Smartphones & Gadgets

Jumpstart your 2025 New Year’s resolutions by taking full advantage of your workplace wellness benefits

As we kick off the new year, many of us start to think about our personal goals for 2025. Whether making New Year’s resolutions or just taking stock of progress on a personal journey, efforts to improve physical and mental well-being are frequently a top priority. Common wellness resolutions include plans to work out or meditate in the mornings, walk 10,000 steps daily, create a new sleep routine or train for a 5K on the weekends.

Work-related challenges are barriers to personal well-being

However, if you struggle to balance your personal goals with your workplace responsibilities, you are not alone. According to Deloitte, most employees (83%) and executives (74%) say they’re facing work-related obstacles when it comes to achieving their well-being goals. They cite a heavy workload or stressful job (30%) and limited time due to long work hours (27%) as the top two challenges. Considering that many of us spend nearly a quarter of our week at work, it is not surprising that our workday experience has a big impact on our personal wellness journey. For those working even longer hours like many banking and insurance employees, the time crunch can be even more significant.

Most of us are not taking full advantage of workplace wellness benefits

Companies are realizing this too. Investments in employee wellness programs have grown over the past decade. In industries like financial services, where some of the workforce challenges are well documented and employee retention is a key priority, there is likely support for your personal wellness journey included in your benefits package. However, research also shows that many of us are not fully taking advantage of these offerings. According to Gartner, Inc., although 80% of employees have access to fitness well-being offerings, only 32% use them.

Workplace wellness tips for the new year

This year can be different. As you think about your resolutions for 2025, review your workplace benefits and see if they can help you reach your goals. Maximizing wellness support through work and extending healthy habits into the workday are great ways to enhance your health journey.

Here are some quick workplace wellness tips to consider as we head into a new year:

  • Set personal wellness goals: Think about personal health and wellness goals and identify habits that can support them both at home and at work. For example, if getting more physical movement into your day is important but your position requires long hours in front of a computer or on the road driving to client sites, perhaps there is a way to spend part of your day at a standing desk or to take a short walk break during lunch.
  • Leverage available resources: Review workplace benefits and see where they might align with wellness goals and associated habits. Many banking and insurance companies are creating more holistic wellness programs that include everything from fitness stipends to free counseling services and flexible work options. As organizations work to expand their portfolio or wellness benefits to help employees manage the stress that can accompany the often demanding financial services environment, there will likely be something for everyone.
  • Track your progress: For many of us, it can be highly motivating to see our progress against goals and celebrate big and small achievements throughout our journey. Wearables can help you track and identify trends in the habits you identify as important. In fact, according to Deloitte’s Connected Consumer Survey, 69% percent of those who own smartwatches and fitness trackers say the devices improve their fitness, and 64% say they improve their health. Check to see if your company provides a fitness reimbursement to purchase  new technology, such as a smart watch or fitness ring, or replace an outdated one.
  • Participate actively: Consistency is essential. Regular participation maximizes benefits, whether attending workshops, participating in team fitness challenges or taking advantage of counseling services. Connecting with those who face the same workplace rigors is a great way to uncover new ways to balance your personal wellness goals with the realities of the workday. For example, team step challenges can bring together remote claims adjuster teams through motivating group chats and a virtual monthly awards celebration.
  • Integrate wellness into daily work routine: Within company policies, build in short daily wellness breaks to walk, stretch or meditate throughout the day. For instance, use your wearable device or mobile phone to set reminders to take a short stroll around the office or practice a few minutes of mindfulness.

Whatever your goals are for 2025, don’t leave your workplace benefits on the table. By being proactive, consistent and engaged in the programs your company offers, you can maximize the value of your employee wellness program to make your New Year’s resolutions a reality and improve your well-being in the bank branch, on the road and at home.

To learn more about Samsung wellness solutions, start here.

Technology

IBM and L’Oréal to build first AI model to advance the creation of sustainable cosmetics – CRN

IBM and L’Oréal, announced a collaboration to leverage IBM’s generative artificial intelligence (GenAI) technology and expertise to uncover new insights in cosmetic formulation data, facilitating L’Oréal’s use of sustainable raw materials, for energy and material waste reductions. This unique effort will develop a custom AI foundation model engineered to significantly increase the ability of L’Oréal Research & Innovation teams to reach extra performance and consumer satisfaction in every cosmetic category and every region of the world. The formulation foundation model is believed to be a first-of-its-kind in the industry, redefining AI innovation at the intersection of beauty, chemistry and technology.

The collaboration combines L’Oréal’s unparalleled expertise in cosmetic science with IBM’s cutting-edge artificial intelligence technologies for scientific discoveries, to unlock a future where science and technology can inform or help prioritise solutions that are both ecologically responsible and innovative. To preserve Earth’s natural resources, it is critical to explore renewable, sustainably sourced raw materials when developing consumer products. This effort will contribute to helping L’Oréal meet its L’Oréal for the Future’s target of sourcing most of its product formulas based on bio-sourced materials and/or the circular economy by 2030.

“As part of our Digital Transformation Program, this partnership will extend the speed and scale of our innovation and reformulation pipeline, with products always reaching higher standards of inclusivity, sustainability, and personalisation”, declares Stéphane Ortiz, Head of Innovation Métiers & Product Development – L’Oréal Research & Innovation.

“Building on years of unique Beauty science expertise and of data structuring, this major alliance with IBM is opening a new exciting era for our innovation and development process”, said Matthieu Cassier, Chief Transformation & Digital Officer – L’Oréal Research & Innovation.

“This collaboration is a truly impactful application of generative AI, leveraging the power of technology and expertise for the good of the planet”, said Alessandro Curioni, IBM Fellow, Vice President Europe and Africa and Director IBM Research Zurich. “At IBM, we believe in the power of purpose-built, customised AI to help transform businesses. Using IBM’s latest AI technology, L’Oréal will be able to derive meaningful insights from their rich formula and product data to create a tailored AI model to help achieve their operational goals and continue creating high quality and sustainable products.”

“This alliance between highly specialised expertise in artificial intelligence and cosmetics seeks to revolutionise cosmetic formulation. It embodies the spirit of AI-augmented research, emphasising sustainability and diversity”, declares Guilhaume Leroy-Méline, IBM Distinguished Engineer, Business Transformation Services CTO, IBM Consulting France.

The creation of this AI model will use a large number of formulations and component data points to accelerate multiple tasks to be performed by L’Oréal, including the formulation of new products, reformulation of existing cosmetics and optimisation for scale-up production – tools that will better equip L’Oréal’s 4,000 researchers worldwide over the next several years. In addition, IBM Consulting will support L’Oréal in its aim to rethink and redesign the formulation discovery process. Understanding the behaviors of renewable ingredients in cosmetic formulas will help L’Oréal build out more sustainable product lines with greater inclusivity and personalisation for its consumers around the world.

Foundation models are a type of AI model trained on a broad set of unlabeled data, capable of performing various tasks and applying information from one situation to another. These models have significantly advanced the field of natural language processing (NLP) technology over the past several years, and IBM is pioneering applications of foundation models beyond language, in areas such as chemistry, time series and geospatial modalities. IBM’s AI technology has the potential to augment L’Oréal’s creativity in finding new cosmetic formulations to transform the beauty industry. L’Oréal, together with IBM’s expertise and technology, will help to shape a future where innovation meets sustainability, delivering products that will be as unique as the people who use them daily.

Business

Indian stock market ends higher, Adani Ports among top gainers

Sensex trades higher on strong global cues

Indian stock market ends higher, Adani Ports among top gainersIANS

India’s domestic benchmark indices ended higher on Thursday as Adani Ports was among the top gainers.

Sensex ended at 77,042.82 up by 318.74 points, or 0.42 per cent, and Nifty settled at 23,311.80, up by 98.60 points, or 0.42 per cent.

Adani Ports closed at Rs 1,151 per share after gaining by Rs 22.85 or 2.03 per cent.

Nifty Bank ended at 49,278.70 up by 527 points, or 1.08 per cent. The Nifty Midcap 100 index closed at 54,483.80 after climbing 584.80 points, or 1.09 per cent, while the Nifty Smallcap 100 index closed at 17,643.30 after adding 289.35 points, or 1.67 per cent.

According to experts, benchmark indices continued to trade in the positive, albeit off highs, driven by positive investor sentiment following mild US inflation data, which raised hopes for a potential rate cut by the Federal Reserve.

Adani Enterprises' share jumps nearly 5 pc, Adani Ports among top gainers

Adani Ports closed at Rs 1,151 per share after gaining by Rs 22.85 or 2.03 per centIANS

“Additionally, favourable developments in the Israel-Hamas ceasefire and a reduced trade deficit further boosted the market’s upward movement. However, weak economic growth data from the UK dampened some of this optimism. Despite higher valuations compared to leading indices, the broader market saw bargain buying during the recent correction,” they added.

On the Bombay Stock Exchange (BSE), 2,779 shares ended in the green and 1,187 shares in the red, whereas there was no change in 101 shares.

In the Sensex pack, Adani Ports, SBI, IndusInd Bank, Axis Bank, Tata Motors, Bharti Airtel, Bajaj Finserv, NTPC, Maruti Suzuki, Ultra Tech Cement and ICICI Bank were the top gainers. Whereas, HCL Tech, Infosys, Hindustan Unilever Limited and ITC were the top losers.

In the meantime, foreign institutional investors (FIIs) sold equities worth Rs 4,533.49 crore on January 15, on the other hand domestic institutional bought equities worth Rs 3,682.54 crore on the same day.

(With inputs from IANS)

Finance

Singapore Airlines to continue as title sponsor of Singapore Grand Prix till 2028

Widely regarded as one of the most anticipated annual events in Singapore, The Singapore Grand Prix is a crown jewel not only for the city-state but also for the F1 fans.

Singapore Airlines is the title sponsor of the Singapore Grand Prix. Photo courtesy: www.instagram.com/f1nightrace
Singapore Airlines is the title sponsor of the Singapore Grand Prix. Photo courtesy: www.instagram.com/f1nightrace

With all the glitz and glamour surrounding the event, the sponsors arguably play a big part in it. For years now, Singapore Airlines (SIA) has played the role of the title sponsor of the mega event and it’ll remain that way for the next few years.

ALSO READ: Singapore Grand Prix: 15th edition to begin with new race-themed programmes across country

According to an official news release, SIA has renewed its title sponsorship of the Formula 1 for another four years. The airline has been the title sponsor of the event for 11 years now, beginning with the 2014 edition of the race.

This latest extension will cover the event, which will continue to be called the Formula 1 Singapore Airlines Singapore Grand Prix.

The 2025 edition of Singapore Grand Prix is scheduled for 3 to 5 October at the Marina Bay Street Circuit.

ALSO READ: Singapore Grand Prix 2025 to take place in October

The new deal will remain in effect till the 2028 edition.

Renowned as one of F1’s premier events, the Singapore Grand Prix features drivers racing through the city streets against the spectacular backdrop of its night-time skyline.

The event has bolstered Singapore’s reputation as a business and tourism hub, with numerous international events and meetings organised to coincide with the race, complementing SIA’s global network.

Lee Lik Hsin, Chief Commercial Officer, Singapore Airlines. Photo courtesy: www.singaporeair.com
Lee Lik Hsin, Chief Commercial Officer, Singapore Airlines. Photo courtesy: www.singaporeair.com

Lee Lik Hsin, Chief Commercial Officer, Singapore Airlines, said, “The Singapore Grand Prix is an important event in Singapore’s sporting and tourism calendar. It has become iconic not just for showcasing our beautiful skyline, but also for highlighting Singapore’s position as a key global hub. This extension underscores Singapore Airlines’ long-standing commitment to supporting the development of sports and tourism in Singapore.”

Emily Prazer, Chief Commercial Officer, Formula 1. Photo courtesy: corp.formula1.com
Emily Prazer, Chief Commercial Officer, Formula 1. Photo courtesy: corp.formula1.com

Emily Prazer, Chief Commercial Officer, Formula 1, said, “We are delighted that Singapore Airlines will continue as the Title Sponsor of the Formula 1 Singapore Airlines Singapore Grand Prix. Singapore has become one of the most revered Grands Prix on the calendar, and it is through the hard work and dedication of partners such as Singapore Airlines that we can continue to deliver such a strong event. We look forward to continuing to work with them to further elevate this event for years to come.”

Business

8th pay commission: Salary of government employees will increase by 186% in the 8th pay commission, this is how you will get benefit

8th pay commission: Salary of government employees will increase by 186% in the 8th pay commission, this is how you will get benefit
8th pay commission: Salary of government employees will increase by 186% in the 8th pay commission, this is how you will get benefit

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PM Modi has approved the formation of the Eighth Pay Commission for central government employees. The government has said that it will be implemented from the year 2026. The names of the chairman and two members of the Eighth Pay Commission will also be announced soon.

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People were eagerly waiting for the Eighth Pay Commission. It was in the headlines for a long time. PM Modi has approved the formation of the Eighth Pay Commission for the employees of the Central Government. The government has said that it will be implemented from the year 2026. The names of the chairman and two members of the Eighth Pay Commission will also be announced soon. Earlier, the 7th Pay Commission was constituted in the year 2016. Union Minister Ashwini Vaishnav has given information about the release of the 8th Pay Commission. He said that the Seventh Pay Commission was implemented in the year 2016 and its tenure is till 2026.

When will it be implemented

The Eighth Pay Commission is to be implemented from the year 2026. In such a situation, the reason behind its announcement so early is that it has been constituted so early so that suggestions, recommendations etc. can be handled properly in time. Government employees were still getting salary under the Seventh Pay Commission. With the implementation of the Eighth Pay Commission, there are high hopes of increase in the salary of the Central Government employees. Under this, the government can increase the pension and allowances of retired employees. The exact date of formation of this commission has not been announced yet.

How much will the salary increase

Ashwini Vaishnav said that soon the chairman and two members will be appointed to monitor the 8th Pay Commission. What will be the difference on the salary due to the arrival of the 8th Pay Commission. Let us know. The minimum salary is estimated to be Rs 34,560. At the same time, 17,280 +DR is expected as pension. This clearly means that the minimum salary can increase by about 186%. Pension can also increase on promotion and salary increase.

What is the 8th Pay Commission

The Central Government constitutes a commission. It is called the Pay Commission. It recommends changes in the salary structure of the Central Government employees. The previous 7th Pay Commission was constituted in February 2014. However, it was implemented on 1 January 2016. In the 7th Pay Commission, the salary of the employees was increased from Rs 7,000 to Rs 18,000. Usually a new commission is constituted every 10 years.

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Technology

SpaDEX mission a significant stepping stone for India’s ambitious space missions: PM Modi

ISRO SpaDex docking mission: Satellites come close to 3 metres in trial attempt

ISRO SpaDex docking mission: Satellites come close to 3 metres in trial attemptIANS

Prime Minister Narendra Modi on Thursday said the successful docking of the satellites of the SpaDEX mission is a significant stepping stone for India’s ambitious space missions in the years to come.

India became the fourth nation to ace the space docking technology, after the US, Russia, and China, as the Indian Space Research Organisation (ISRO) informed the merging of two small spacecraft — SDX01, the Chaser, and SDX02, the Target — weighing about 220 kg each.

“Congratulations to our scientists at @isro and the entire space fraternity for the successful demonstration of space docking of satellites,” PM Modi said in a post on X social media platform.

“It is a significant stepping stone for India’s ambitious space missions in the years to come,” he added.

The satellites were part of the Space Docking Experiment (SpaDeX) mission, which lifted off aboard the PSLV-C60 rocket, from Sriharikota on December 30.

“Docking successfully completed. India became the 4th country to achieve successful Space Docking. Congratulations to the entire team! Congratulations to India!” ISRO posted.

Dr V. Narayanan, Secretary DOS, Chairman of Space Commission, and Chairman ISRO, congratulated the team ISRO.

SpaDeX mission: India becomes 4th nation to achieve successful space docking

SpaDeX mission: India becomes 4th nation to achieve successful space dockingIANS

On Sunday, the two satellites came as close as three metres in a trial attempt for space docking up to 15 m. It later moved back to a safe distance.

But now, “manoeuvre from 15m to 3m hold point completed”, ISRO said while noting that the docking was achieved “with precision, leading to successful spacecraft capture”.

The docking technology was indigenously developed and has been named the ‘Bharatiya Docking System’.

The SpaDeX mission will help establish India’s capability in orbital docking — a key technology for future human spaceflight and satellite servicing missions. The docking technology is also key for India’s impending space missions including the Moon mission, setting up the Indian space station, and lunar missions like Chandrayaan-4 without the support of GNSS from Earth.

(With inputs from IANS)

Business

8th Pay Commission approved for central govt employees; salary, DA hike expected

Money rupee

Reuters

The Union Cabinet has given the green light for the implementation of the 8th Pay Commission, a move that will significantly impact millions of Central government employees and retirees. The announcement was made by Union Minister Ashwini Vaishnaw on January 16, 2025. This decision is expected to lead to a substantial increase in salaries, along with an adjustment in the Dearness Allowance (DA).

The 8th Pay Commission, once established, will revise the pensions and allowances of Central government retirees. This move has been long anticipated by government employees and retirees who have been expecting a revision of their pay scales. The announcement comes just days ahead of the Budget 2025 announcements, adding to the significance of the decision.

While the approval of the 8th Pay Commission has been confirmed, the exact date for its setup has not been announced yet. However, the Union Minister has indicated that the commission will likely be formed by 2026 and will come into force on January 1, 2026.

Impact of the 8th Pay Commission

To oversee the rollout of the 8th Pay Commission, a chairman and two members will be appointed soon. The decision to set up the 8th Pay Commission was taken at a meeting of the Cabinet chaired by Prime Minister Narendra Modi. The Minister stated, “For your awareness, our Prime Minister has approved the establishment of the 8th Central Pay Commission for all Central government employees.”

PM Modi to inaugurate, lay foundation stones for multiple projects in Delhi

IANS

The 8th Pay Commission is expected to ensure that its recommendations are received well before the completion of the term of the seventh pay panel. Consultations will be held with central and state governments and other stakeholders to ensure a smooth transition.

The 7th Pay Commission, set up in 2016, brought significant changes to the salary structure of government employees. Employee unions demanded a 3.68 fitment factor for salary revision, but the government decided on a fitment factor of 2.57.

Anticipated Changes and Benefits

This led to the minimum basic pay for government employees being raised to ₹18,000 per month, compared to the ₹7,000 in the 6th Pay Commission. The minimum pension also rose from ₹3,500 to ₹9,000. The maximum salary became ₹2,50,000 and the maximum pension became ₹1,25,000.

The pay commission plays a crucial role in determining salary structures, allowances, and other benefits for government employees. Its recommendations significantly impact millions of workers and pensioners across the country. There are over 49 lakh central government employees and nearly 65 lakh pensioners.

The formation of the 8th Central Pay Commission marks a crucial step towards revising pay, pensions, and allowances for central government employees. This proactive measure ensures that the recommendations will be reviewed and implemented in time, well before the 7th Pay Commission tenure concludes in 2026.

Business

RBI eases FEMA rules to boost rupee payments in cross-border deals

Reserve Bank Of India

IANS

The Reserve Bank of India (RBI) on Thursday announced the issuing of revised Federal Emergency Management Agency (FEMA) regulations to permit more liberal use of INR accounts held by NRIs to make payments, in order to promote cross border transactions in the Indian rupee and national currencies of trading partner countries.

According to new regulations, overseas branches of Authorised Dealer banks will be able to open INR accounts for a person resident outside India for settlement of all permissible current account and capital account transactions with a person resident in India.

“Persons resident outside India will also be able to settle bona fide transactions with other persons resident outside India using the balances in their repatriable INR accounts such as Special Non-resident Rupee account and SRVA,” according to the statement.

The new rules further allow persons resident outside India to be able to use their balances held in repatriable INR accounts for foreign investment, including FDI, in non-debt instruments.

Reserve Bank of India (RBI)

IANS

Besides, Indian exporters will be able to open accounts in any foreign currency overseas for settlement of trade transactions, including receiving export proceeds and using these proceeds to pay for imports.

The revised regulations and directions to effect these changes have been issued, the RBI statement said.

According to the RBI statement, these changes have been made in the extant FEMA regulations after holding consultations with the Central Government.

To encourage greater use of Indian Rupee (INR) for trade transactions, in July 2022, an additional arrangement in the form of Special Rupee Vostro Account (SRVA) was introduced. Several foreign banks have since opened SRVAs with banks in India.

The Central Bank has also signed memorandum of understanding (MoU) with the central banks of the United Arab Emirates, Indonesia and Maldives, to encourage cross-border transactions in local currencies.

Further, in December 2023 the Foreign Exchange Management (Manner of Receipt and Payment) Regulations were revised to enable cross border transactions in all foreign currencies (including local currencies of trading partner countries) and INR.

(With inputs from IANS)

Edutech & Education

Industry leaders commentaries on National Startup Day

  • by Mr Karun Tadepalli, CEO and Co-founder of ByteXL

“National Startup Day commemorates the spirit of the relentless innovation and determination that define India’s entrepreneurial ecosystem. Startups are not just businesses; they are revolutionary visions that address critical problems, generate employment, and stimulate the economy. From revolutionizing digital payments through UPI to achieving breakthroughs in space technology, Indian businesses are at the forefront, showcasing the strength of fortitude, creativity, and vision.

As we move towards a future powered by creativity and technology, it is essential that we support this growing ecosystem with policies that support accessibility, foster innovation, and elevate talent across the country. By harnessing the huge talent pool and promoting equitable development, startups in tier-2 and tier-3 cities, in particular, have the opportunity to completely rewrite our growth story. “

  • by Prem Kumar Vislawath, CEO and Co-Founder, of Marut Drones

“A significant milestone in the evolution of the Indian startup ecosystem has been the rise of startups from non-metro cities, which now account for 51% of DPIIT-registered ventures. This shift highlights the democratization of entrepreneurship in India, driven by increased internet penetration, digital financial inclusion, and government-backed initiatives like Startup India, SMAM, and NAMO Drone Didi Scheme. Entrepreneurs from Tier-2 and Tier-3 cities are uniquely positioned to solve hyper-local challenges in agriculture, healthcare, mobility, and other critical sectors, creating lasting social and economic impact.

We have seen how a supportive ecosystem—rooted in progressive policies, access to funding, and a focus on skill development—can unlock immense potential. The increasing adoption of emerging technologies like drones, AI, and geospatial intelligence in sectors like agritech and logistics has opened up unprecedented opportunities.

Continued simplification of regulatory processes, increased investment in R&D and deep tech, and a sharper focus on skilling and mentoring in non-metro regions will not only enhance innovation but also ensure inclusive growth. With cross-border collaborations and strategic partnerships, Indian startups will scale globally and position India as a startup hub.”

  • by Mr Murali Bukkapatnam, Chair, TiE Global Board of Trustees 2025

“On National Startup Day, we celebrate the remarkable growth of India’s startup ecosystem, including over 100 unicorns with a collective valuation of over 350 billion USD. Most of these startups primarily cater to the service industry in India and abroad. With the right mentorship, investments, and government subsidies, startups can shift their focus from service-driven growth to manufacturing, which will help boost the economy in the long run and create more employment opportunities.

Skill development programs to develop technical and managerial skills along with public-private collaborations to bridge the gap between the services and manufacturing sector, are the need of the hour. As of 2024, the Department for Promotion of Industry and Internal Trade (DPIIT) has recognized 1,40,803 entities as startups. Since the launch of the Startup India initiative in 2016, DPIIT-recognized startups have created over 15.53 lakh direct jobs. We have to ride the wave and utilize the youth population of the country.”

  • by Radhika Choudary, Co-Founder & Director, Freyr Energy

“Startups are at the forefront of driving change in clean energy, and it’s truly inspiring to witness their impact. Solar energy has become a cornerstone of India’s sustainable development goals, with supportive policies like subsidies, tax incentives, and streamlined approvals playing a critical role in enabling their growth. The surge in climate tech investments is a testament to the potential of sustainable technologies, with private equity and venture capitalists stepping up to back these innovations. Green bonds and ESG-driven funds are gaining traction, channeling much-needed resources into groundbreaking solutions for climate change. To further accelerate this progress, simplifying compliance, providing clear guidelines, and fostering strong public-private partnerships are essential. With the right support, startups can scale their efforts, significantly contributing to India’s clean energy transition and the achievement of global climate goals.”