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  • October 7 Hamas attack survivor thanks India for ‘supporting’ Israel

    (*7*)October 7 Hamas attack on Israel

    The Prime Minister, Shri Narendra Modi and the Prime Minister of Israel, Mr. Benjamin Netanyahu on the India-Israel Business Summit, in New Delhi on January 15, 2018. Photo Courtesy: PIB

    Calling India a ‘true buddy’, an Israeli lady, who survived the October 7 attack by Hamas, has thanked Indian PM Narendra Modi for extending steady help in direction of her nation.

    She remarked at a time when the continuing battle between Israel and Hamas crossed six months.

    During the attack on October 7, Hamas members killed 1,200 folks in southern Israel.

    The attack triggered the continuing struggle between Hamas and Israel.

    Also Read: Four IDF soldiers die after Hamas members ambush them in Gaza tunnel

    “I see the Indian help that began a lot earlier than, years earlier than October 7 and in addition after October 7. Thanks to Prime Minister Modi… We know that India is a real buddy of Israel,” the lady, recognized as Moran, advised Indian information company ANI.

    She additionally described Indian folks as ‘good associates’.

    “I feel it isn’t simply the Indian authorities. Thanks to the Indian individuals who have all the time been and proceed to be our good associates,” she mentioned.

    “Our voice can’t be in every single place. We know that the Indian persons are caring for every part we want,” she mentioned.

    Meanwhile, the President of the UN General Assembly appealed on Monday (April 8, 2024) for “all these with leverage” to make use of their energy to convey an finish to the six-month-long struggle in Gaza.

    Dennis Francis convened the UN’s most consultant physique, comprising all 193 Member States, following the Security Council’s failure to undertake a decision put ahead by the United States final month.  

    The debate was triggered by a 2022 Assembly decision that calls for a gathering to be held inside 10 working days at any time when a veto is forged within the Council.

  • Akamai Expands Offerings in Hybrid DNS Infrastructure Security

    Bengaluru, India  April tenth, 2024: Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud firm that powers and protects life on-line, at present introduced the launch of Akamai Shield NS53, a product that protects on-premises (on-prem) Domain Name System (DNS) infrastructure from useful resource exhaustion assaults. These assaults overwhelm servers to the purpose that they’ll not reply to legitimate DNS queries. The new providing enhances Akamai Edge DNS, which is a complete cloud-based DNS answer, and Akamai Prolexic, the industry-leading distributed denial-of-service (DDoS) safety platform for Layer 3 and Layer 4 assaults.

    Over the previous three years, there was a major enhance in the quantity and the dimensions of DDoS assaults on DNS infrastructure. In the fourth quarter of 2023, greater than 60% of the DDoS assaults mitigated by Akamai had a DNS part, emphasizing why the safety, availability, and reliability of crucial DNS infrastructure stays a excessive precedence for digital infrastructure safety leaders. If the DNS infrastructure of a enterprise or establishment goes down, their on-line presence additionally goes down, inflicting reputational harm and monetary losses.

    “Akamai acknowledges the safety challenges confronted by our clients and our companions in a quickly evolving risk panorama, and we concentrate on providing sturdy DDoS safety for all key entry factors to their digital infrastructure, whether or not on-prem, in cloud, or hybrid,” stated Sean Lyons, SVP and GM of Infrastructure Security at Akamai. “Organizations are searching for a greater approach to handle the rising quantity of DNS/DDoS assaults they face yearly. With the launch of Shield NS53, clients can relaxation assured their servers can have no downtime, and so they can as a substitute concentrate on enterprise operations.”

    Akamai processes greater than 11 trillion DNS requests each day and finds that roughly 40% of DNS queries for the highest 50 monetary companies clients are illegitimate NXDOMAIN queries, often known as DNS useful resource exhaustion assaults. Security leaders can now quickly and simply deploy Akamai Shield NS53 to guard their on-prem and hybrid DNS infrastructure from such assaults. This answer helps clients by:

    • Acting as a protect between cybercriminals and demanding digital property to cease illegitimate DNS queries on the fringe of Akamai’s community whereas responding to legit queries both from cache or forwarding them to the client’s unique DNS server, thereby enhancing its safety, availability, and efficiency.
    • Proactively constructing customized DNS safety insurance policies, which may be self-configured by clients utilizing the Akamai Control Center or APIs. Customers have full management over their dynamic coverage configurations and information, and may implement their insurance policies in actual time.
    • Improving the efficiency and the ROI of present DNS infrastructure by performing as a bidirectional proxy service, decreasing latency and enhancing person expertise. Additionally, Shield NS53 improves and optimizes the overall price of possession and the ROI of consumers’ investments in their present on-prem or hybrid DNS infrastructure.

    Akamai is leveraging its world accomplice ecosystem and intensive on-premises enterprise infrastructure safety experience to help clients in onboarding Akamai Shield NS53. The new answer is out there instantly from Akamai’s strategic companions resembling Carahsoft in North America, and from further approved companions globally. Organizations can go to the Akamai Partner Directory to discover a accomplice for his or her area, or contact us for assist.


    Mansi Praharaj

  • Musk to visit India this month; to meet PM

    New Delhi: American electric car maker Tesla CEO Elon Musk is visiting India later this month to meet Prime Minister Narendra Modi and is likely to announce the company’s investment plans in the country, according to sources. Musk, who has described as a ‘natural progression’ to provide Tesla electric vehicles in India, is likely to be accompanied by other company executives during the visit that is expected in the week of April 22, a source said. An e-mail query sent to Tesla to confirm Musk’s visit remained unanswered.

    In June last year, Musk met with Modi during the latter’s US visit and stated that he planned to visit India in 2024 while expressing confidence that Tesla would enter the Indian market soon. His upcoming visit to India comes weeks after the government announced a new electric vehicle policy under which import duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of $500 million, a move aimed at attracting major global players like Tesla.

    As per the policy, the companies that would set up manufacturing facilities for EV passenger cars will be allowed to import a limited number of cars at lower customs /import duty of 15 per cent on vehicles costing $35,000 and above for a period of five years from the date of issuance of the approval letter by the government. At present, cars imported as completely built units (CBUs) attract customs duty ranging from 70 per cent to 100 per cent, depending on engine size and cost, insurance and freight (CIF) value less or above $40,000.

    The policy seeks to promote India as a manufacturing destination for EVs and attract investment from reputed global EV manufacturers. Last year, Tesla approached the Indian government seeking duty cuts to import its vehicles in India. Previously in 2022, Musk had said that Tesla, which was earlier seeking a reduction in import duties to sell its vehicles in India, would not manufacture its products unless it is allowed to first sell and service its cars in the country.

    In August 2021, Musk said that Tesla may set up a manufacturing unit in India if it first succeeds with imported vehicles in the country. He had said Tesla wanted to launch its vehicles in India “but import duties are the highest in the world by far of any large country!”

  • Latitude and Aldoria formalise partnership for Zephyr launch and collision avoidance

    Colorado Springs, USA, 10 April 2024 – Latitude, a pioneering start-up from Reims, France, specialised within the design and growth of sunshine area launch autos  (with its Zephyr launcher), and Aldoria, a number one area surveillance supplier, have signed a 3-year partnership settlement. The collaboration between these two entities, whose actions are complementary, materializes by way of Aldoria’s “Altitude” two fold providing :

    ● Aldoria will help Latitude throughout the pre-launch and launch phases of the Zephyr gentle launcher, and,
    ● and will allow Latitude to reinforce its launch actions by offering anti-collision safety for its clients.

    The memorandum of understanding between the 2 NewSpace gamers was signed on April 9 on the Space Symposium in Colorado Springs.

    Phase 1 – Preparing for the launches of Zephyr, the launcher developed by Latitude

    The first check launch and the primary business launch of the Zephyr high-speed launcher are scheduled respectively for late 2025 and 2026. Aldoria will help Latitude throughout the pre-launch phases: buying the flight allow and analysing trajectories to keep away from any threat of collision. As for the launch, Aldoria might be accountable for analysing the launcher’s flight path to keep away from any threat of mid-air collision. Finally, Aldoria might be accountable for checking that deorbiting manoeuvres are carried out with optimum security.

    Part 2 – Enhancing Latitude’s launch exercise with anti-collision functionality

    The variety of energetic satellites in low-Earth orbit is anticipated to succeed in 40,000 inside the subsequent decade, in contrast with practically 9,000 right now. Aldoria’s orbital data system generates impartial measurements and anticipates shut approaches between area objects, enabling satellite tv for pc safety.

    By alerting operators in real-time, Aldoria will shield Latitude clients from all dangers arising from a collision with particles and/or a satellite tv for pc. Under this settlement, Aldoria will present this service for 8 weeks previous to launch. In addition, due to Aldoria’s software program and Latitude’s Zephyr launcher, clients will profit from optimised mission definition.

    This partnership will allow Latitude to increase its launch companies for its clients. ” With this partnership, Latitude is serenely making ready for the launch of Zephyr, whereas positioning itself on Space Situational Awareness issues. The discussions that we held within the run-up to the partnership enabled each events to share their respective visions and pinpoint future challenges for the market. This is a forward-looking partnership that anticipates future developments within the sector,” says Adeline Pitrois, Sales Director at Latitude.

    “Working with Latitude on the Zephyrs launches, by way of our area safety supply, is an absolute milestone. By combining our experience in area surveillance with Latitude’s revolutionary light-weight launchers, we’re underlining the essential significance of safety concerns in making certain entry to area. This partnership bears witness to the resilience and excellence of our nationwide area business within the wake of France’s NewSpace ” Mylène Bosio, VP of Sales and Marketing at Aldoria.


    Rekha Nair

  • Income Tax Refund: Income Tax Department has made this special plan regarding income tax refund, taxpayers should know important things.

    Income Tax Refund: Income Tax Department has made this special plan regarding income tax refund, taxpayers should know important things.
    Income Tax Refund: Income Tax Department has made this special plan regarding income tax refund, taxpayers should know important issues.

    Good information for taxpayers: There are nonetheless many taxpayers whose tax refund of the final evaluation 12 months is caught. But the division plans to settle the remaining pending refund circumstances by April 30. Let us know about it intimately.

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    An excellent information has come for the taxpayers. The Income Tax Department has made a giant plan regarding tax refund. The interim motion plan of the Income Tax Department is to shut the pending tax refund circumstances by April 30..

    What is the plan of Income Tax Department?

    There are nonetheless many taxpayers whose tax refund of the final evaluation 12 months is caught. After submitting the tax return, the refund has not been processed but. But the division plans to settle the remaining pending refund circumstances by April 30. During this time, the division should full the scrutiny of the refund and make the refund fee in April. The division has set a goal to settle e-redressal circumstances by May 5.

    Will pace up processing

    Apart from this, the division plans to share info with companies like CBI, ED, SEBI, SFIO by April 30. Information on functions acquired until thirty first March should be given by thirtieth April. After this, info has to be shared inside 15 days on the functions acquired after April 1. In circumstances the place penalty is confirmed by ITAT, processing will happen until June 30.

    Also the goal is to hurry up the issues of worldwide taxation and switch pricing. Every AO (Assessment Officer) will establish the highest 30 TDS non-filers by June 30.

    seventh Pay Commission: Finance Ministry gave massive aid to authorities workers, order issued

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  • Canada’s spy agency believes China ‘clandestinely and deceptively’ interfered in federal polls in 2019 and 2021

    Canada's spy agency believes China 'clandestinely and deceptively' interfered in two federal polls
    Canada’s spy agency believes China ‘clandestinely and deceptively’ interfered in two federal polls which have been gained by PM Justin Trudeau. Photo Courtesy: Harjit Sajjan X web page

    The Canadian spy agency has claimed that it believes the Chinese authorities “clandestinely and deceptively” interfered in 2019 and 2021 federal polls of the nation.

    A high secret briefing word mentioned on the Foreign Interference Commission confirmed that the Canadian Security Intelligence Service (CSIS) advised the Prime Minister’s Office about it in February 2023, reported CBC.

    The doc, described by one lawyer showing earlier than the fee’s public inquiry as “outstanding”, was tabled on Monday, the information channel reported.

    “We know the PRC clandestinely and deceptively interfered each in the 2019 and 2021 basic elections. In each circumstances, [foreign interference … was] pragmatic in nature and centered primarily in supporting these considered to be both ‘pro-PRC’ or ‘impartial’ on problems with curiosity to the PRC authorities,” the doc mentioned, as quoted by CBC News underneath the subhead “Assertions in Media Reporting”.

    The doc alleged that at the least 11 candidates and 13 workers members have been implicated in international interference by the Chinese authorities.

    Another CSIS doc, tabled earlier in the inquiry, referred to seven Liberal candidates and 4 from the Conservative Party of Canada, reported CBC.

    “We additionally noticed on-line and media actions aimed toward discouraging Canadians, notably of Chinese heritage, from supporting the Conservative Party, chief Erin O’Toole, and notably Steveston-Richmond East Candidate Kenny Chiu,” the briefing word mentioned.

    “In 2021, the PRC FI actions have been virtually definitely motivated by a notion that the Conservative Party of Canada was selling a platform that was perceived to be anti-PRC.”

    According to stories, a separate CSIS doc that was tabled not too long ago confirmed the spy agency believed a gaggle of recognized and suspected” PRC “risk actors” labored in unfastened coordination with each other to “covertly advance PRC pursuits by means of Canadian democratic establishments”.

    It cited some Canadian intelligence assessments suggesting some risk actors obtained monetary help from the PRC, together with ‘at the least two transfers of funds approximating $250,000 from PRC officers in Canada, potential for FI-related functions’, reported CBC News.

    Microsoft warns China could use AI-generated content material to disrupt upcoming polls in India, USA

    Technology main Microsoft has warned that China could use Artificial Intelligence-generated content material to disrupt upcoming polls in India, South Korea and the USA.

    “China is utilizing faux social media accounts to ballot voters on what divides them most to sow division and presumably affect the end result of the U.S. presidential election in its favour. China has additionally elevated its use of AI-generated content material to additional its objectives all over the world,” Microsoft mentioned in its report not too long ago.

    Microsoft mentioned, moreover, North Korea has elevated its cryptocurrency heists and provide chain assaults to fund and additional its army objectives and intelligence assortment.

    In his warning, Microsoft mentioned: “With main elections going down all over the world this yr, notably in India, South Korea and the United States, we assess that China will, at a minimal, create and amplify AI-generated content material to profit its pursuits.”

    Microsoft claimed that China tried an AI-generated disinformation marketing campaign in the course of the Taiwan presidential polls this yr.

  • Canada’s spy agency believes China ‘clandestinely and deceptively’ interfered in federal polls in 2019 and 2021

    Canada's spy agency believes China 'clandestinely and deceptively' interfered in two federal polls
    Canada’s spy agency believes China ‘clandestinely and deceptively’ interfered in two federal polls which had been gained by PM Justin Trudeau. Photo Courtesy: Harjit Sajjan X web page

    The Canadian spy agency has claimed that it believes the Chinese authorities “clandestinely and deceptively” interfered in 2019 and 2021 federal polls of the nation.

    A high secret briefing word mentioned on the Foreign Interference Commission confirmed that the Canadian Security Intelligence Service (CSIS) advised the Prime Minister’s Office about it in February 2023, reported CBC.

    The doc, described by one lawyer showing earlier than the fee’s public inquiry as “outstanding”, was tabled on Monday, the information channel reported.

    “We know the PRC clandestinely and deceptively interfered each in the 2019 and 2021 common elections. In each circumstances, [foreign interference … was] pragmatic in nature and targeted primarily in supporting these seen to be both ‘pro-PRC’ or ‘impartial’ on problems with curiosity to the PRC authorities,” the doc stated, as quoted by CBC News underneath the subhead “Assertions in Media Reporting”.

    The doc alleged that at the least 11 candidates and 13 workers members had been implicated in overseas interference by the Chinese authorities.

    Another CSIS doc, tabled earlier in the inquiry, referred to seven Liberal candidates and 4 from the Conservative Party of Canada, reported CBC.

    “We additionally noticed on-line and media actions geared toward discouraging Canadians, notably of Chinese heritage, from supporting the Conservative Party, chief Erin O’Toole, and notably Steveston-Richmond East Candidate Kenny Chiu,” the briefing word stated.

    “In 2021, the PRC FI actions had been nearly definitely motivated by a notion that the Conservative Party of Canada was selling a platform that was perceived to be anti-PRC.”

    According to stories, a separate CSIS doc that was tabled not too long ago confirmed the spy agency believed a gaggle of identified and suspected” PRC “menace actors” labored in unfastened coordination with each other to “covertly advance PRC pursuits via Canadian democratic establishments”.

    It cited some Canadian intelligence assessments suggesting some menace actors acquired monetary help from the PRC, together with ‘at the least two transfers of funds approximating $250,000 from PRC officers in Canada, attainable for FI-related functions’, reported CBC News.

    Microsoft warns China could use AI-generated content material to disrupt upcoming polls in India, USA

    Technology main Microsoft has warned that China could use Artificial Intelligence-generated content material to disrupt upcoming polls in India, South Korea and the USA.

    “China is utilizing pretend social media accounts to ballot voters on what divides them most to sow division and presumably affect the end result of the U.S. presidential election in its favour. China has additionally elevated its use of AI-generated content material to additional its objectives world wide,” Microsoft stated in its report not too long ago.

    Microsoft stated, moreover, North Korea has elevated its cryptocurrency heists and provide chain assaults to fund and additional its navy objectives and intelligence assortment.

    In his warning, Microsoft stated: “With main elections going down world wide this yr, notably in India, South Korea and the United States, we assess that China will, at a minimal, create and amplify AI-generated content material to profit its pursuits.”

    Microsoft claimed that China tried an AI-generated disinformation marketing campaign throughout the Taiwan presidential polls this yr.

  • Canada’s spy agency believes China ‘clandestinely and deceptively’ interfered in federal polls in 2019 and 2021

    Canada's spy agency believes China 'clandestinely and deceptively' interfered in two federal polls
    Canada’s spy agency believes China ‘clandestinely and deceptively’ interfered in two federal polls which have been received by PM Justin Trudeau. Photo Courtesy: Harjit Sajjan X web page

    The Canadian spy agency has claimed that it believes the Chinese authorities “clandestinely and deceptively” interfered in 2019 and 2021 federal polls of the nation.

    A prime secret briefing observe mentioned on the Foreign Interference Commission confirmed that the Canadian Security Intelligence Service (CSIS) advised the Prime Minister’s Office about it in February 2023, reported CBC.

    The doc, described by one lawyer showing earlier than the fee’s public inquiry as “exceptional”, was tabled on Monday, the information channel reported.

    “We know the PRC clandestinely and deceptively interfered each in the 2019 and 2021 common elections. In each instances, [foreign interference … was] pragmatic in nature and centered primarily in supporting these seen to be both ‘pro-PRC’ or ‘impartial’ on problems with curiosity to the PRC authorities,” the doc stated, as quoted by CBC News below the subhead “Assertions in Media Reporting”.

    The doc alleged that a minimum of 11 candidates and 13 employees members have been implicated in overseas interference by the Chinese authorities.

    Another CSIS doc, tabled earlier in the inquiry, referred to seven Liberal candidates and 4 from the Conservative Party of Canada, reported CBC.

    “We additionally noticed on-line and media actions aimed toward discouraging Canadians, notably of Chinese heritage, from supporting the Conservative Party, chief Erin O’Toole, and notably Steveston-Richmond East Candidate Kenny Chiu,” the briefing observe stated.

    “In 2021, the PRC FI actions have been nearly definitely motivated by a notion that the Conservative Party of Canada was selling a platform that was perceived to be anti-PRC.”

    According to reviews, a separate CSIS doc that was tabled just lately confirmed the spy agency believed a bunch of recognized and suspected” PRC “risk actors” labored in unfastened coordination with each other to “covertly advance PRC pursuits by Canadian democratic establishments”.

    It cited some Canadian intelligence assessments suggesting some risk actors acquired monetary help from the PRC, together with ‘a minimum of two transfers of funds approximating $250,000 from PRC officers in Canada, attainable for FI-related functions’, reported CBC News.

    Microsoft warns China could use AI-generated content material to disrupt upcoming polls in India, USA

    Technology main Microsoft has warned that China could use Artificial Intelligence-generated content material to disrupt upcoming polls in India, South Korea and the USA.

    “China is utilizing faux social media accounts to ballot voters on what divides them most to sow division and presumably affect the end result of the U.S. presidential election in its favour. China has additionally elevated its use of AI-generated content material to additional its targets around the globe,” Microsoft stated in its report just lately.

    Microsoft stated, moreover, North Korea has elevated its cryptocurrency heists and provide chain assaults to fund and additional its army targets and intelligence assortment.

    In his warning, Microsoft stated: “With main elections going down around the globe this yr, notably in India, South Korea and the United States, we assess that China will, at a minimal, create and amplify AI-generated content material to learn its pursuits.”

    Microsoft claimed that China tried an AI-generated disinformation marketing campaign through the Taiwan presidential polls this yr.

  • Saif Ali Khan & Kareena Kapoor Khan Enter Real Estate

    Saif Ali Khan & Kareena Kapoor Khan Enter Real EstateTREVOC, a number one identify in Gurugram’s luxurious actual property panorama, has marked yet one more vital milestone in its journey in direction of redefining opulent residing. The model, identified for its visionary method and decades-long industrial heritage, proudly unveiled Bollywood energy couple Saif Ali Khan and Kareena Kapoor as its esteemed model ambassadors.

    By roping in Saif Ali Khan and Kareena Kapoor, recognised as epitomes of legacy and luxurious within the Indian movie business, TREVOC goals to strengthen its place because the go-to selection for these searching for unparalleled sophistication and luxury of their houses. The strategic collaboration underscores TREVOC’s dedication to providing revolutionary designs, state-of-the-art facilities, and sustainable residing options, thereby reshaping the panorama of luxurious actual property.

    Mr. Gurpal Singh Chawla, Managing Director, TREVOC, expressed his enthusiasm about this collaboration, stating, “We are thrilled to welcome Saif Ali Khan and Kareena Kapoor Khan to the TREVOC household. Their iconic standing and shared values resonate deeply with our model ethos of mixing legacy with luxurious. With their affiliation, we goal to raise the residing expertise and proceed our legacy of excellence within the actual property area.”

    Mr. Sehaj Chawla, Managing Director, TREVOC, shared his delight, stating, “TREVOC has envisioned to curate one-of-its-kind initiatives that not solely supply consolation however are preferrred of luxurious. Collaborating with celebrities has not solely stamped our imaginative and prescient in direction of luxurious and legacy however has additionally helped us attain a broader part of society on the lookout for luxurious developments. Both the model ambassadors are excellent examples of luxurious and resonate with our Group’s imaginative and prescient.”

    TREVOC, embodying the core values of ‘Imagine, Innovate, and Inspire,’ stands on the forefront of setting new benchmarks within the high-end residential infrastructure phase. With a legacy spanning over 75 years, the model is dedicated to incorporating high-end facilities in its luxurious initiatives to raise the residents’ way of life. With a give attention to key places, together with Golf Course Road, Southern Peripheral Road, and Dwarka Expressway, TREVOC stays dedicated to providing unparalleled high quality and class, setting new requirements within the sector.


    Mansi Praharaj

  • AutoNxt Automation secures pre-series A funding for electric autonomous tractor • EVreporter

    AutoNxt Automation, a technology startup focusing on electric powertrains and autonomous technologies, has recently concluded its Pre-Series A funding round led by Saama. Investors including Amit Singhal (the former head of Google’s search division), Suveer Sinha (India Head for KKR Capstone), Bluehill Capital, Keiretsu Forum, and Soonicorn Ventures also participated. The company is preparing to introduce its electric tractor with self-driving capabilities, targeting various commercial sectors like biomass plants, airports, construction, agriculture, and solar farms later this year as per its business roadmap.

    In 2023, India emerged as the largest tractor market globally, contributing nearly half of the 2 million tractors sold worldwide. Approximately 95% of tractors manufactured in India were utilized within the country, with about one-third serving commercial purposes, which aligns with AutoNxt’s primary focus, as claimed by the company statement. The company’s domestically engineered technology aligns with India’s “Atmanirbhar Bharat” campaign and the Prime Minister’s Net Zero by 2070 target.

    Hemant Asher, Partner at Saama, remarked, “We’re thrilled to back AutoNxt, where our conviction is underpinned by our belief in Industry 5.0 as a core driver of India’s economic growth. The company’s technology platform built in India for the Indian market and the founding team’s sharp focus on the commercial segment in the current phase of their business further strengthens our conviction. AutoNxt has a clear opportunity to be the leading electric and autonomous mobility tech platform for the Indian market.”

    The company has developed high-torque, high-voltage electric powertrains, self-driving technology with a swappable modular battery system, and fast charging capabilities (within 2 hours). It offers a mobile app with IoT technology designed to optimize tractor performance and enable easy fleet monitoring and serviceability, added the official statement. AutoNxt electric tractors claim operating costs one-fifth that of diesel tractors, enabling owners to break even in under 2 years. Over a 10-year ownership period, the technology reduces maintenance and fuel expenses, resulting in multiple cost savings.

    AutoNxt’s Founder and CEO, Kaustubh Dhonde says, “The latest funding from Saama and all our investors enables us to fast-track engineering efforts and promptly establish our brand as a dependable, global, cutting-edge mobility platform, with ‘India for India’ as our guiding mantra.”

    Pankaj Goyal, Co-founder and COO of AutoNxt commented, “The electric tractor is the first use case for our core technology, and after these successful deployments, we will diversify into other off-highway segments, allowing AutoNxt to expand its product portfolio and open up new lines of business.”

    Swadeep Pillarisetti, senior advisor and board member at AutoNxt says, “With India’s growing environmental concerns, strong recent government push for deep-tech investments, rapidly growing manufacturing capabilities and engineering talent pool, we are poised to become a global EV leader over the next decade.”

    Also read: E-tractor equivalent to 18HP ICE tractor showcased at iCreate bootcamp among other EV solutions

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