Tag: Business News

  • Synergy Steels Leads Sustainability Efforts with Plantation Drive

    Plantation Drive - Synergy Steels

    ~With sustainability at its core, Synergy Steels, a number one stainless-steel producer in India, is dedicated to aligning with the nation’s decarbonization objectives with its community-driven ESG initiatives~

    National, twenty fifth June 2024: Synergy Steels, India’s one of many largest stainless-steel producers with a capability of 250000 MT, not too long ago spearheaded an inspiring initiative at its Alwar, Rajasthan facility. The occasion centred round selling sustainability and group engagement by way of an atmosphere consciousness coaching for the workers and a plantation drive. With the thought-provoking theme of “Land Restoration, Desertification and Drought Resilience,” the corporate aimed to contribute to a greener future whereas addressing urgent environmental points.

    Synergy Steels goals to satisfy a part of its power wants by way of renewable sources by 2030. The firm is concentrated on decarbonizing its stainless-steel manufacturing and has sustainability on the core of its enterprise. To transfer ahead with this intention, Synergy Steels organized a plantation drive, with lively participation from plant workers who pledged to embrace sustainable practices. As a results of this occasion, the timber planted by the workers will assist sequester roughly 1960 kg of CO2 over the following decade.

    Sharing his ideas on the initiative, Synergy Steels Director, Mr. Anubhav Kathuria, burdened on the significance of environmental safety and sustainability for companies. “Sustainability is on the core of Synergy Steels’ operations. As a number one stainless-steel producer, we perceive our accountability in direction of the atmosphere and group we function in. This plantation drive is a step in direction of fulfilling our sustainability objectives and giving again to nature.” Speaking on the urgency of collective motion towards local weather change, Mr. Anubhav Kathuria emphasised, “The menace of local weather change is actual, and collective motion is required to mitigate and adapt to it. We hope our efforts encourage different organizations and people to do their half for the planet.”

    The firm organized coaching periods on environmental safety for the ground-level staff and, Mr. Subhash Chand Kathuria, the corporate’s Managing Director famous “Imparting consciousness about environmentally sustainable practices to the colleagues working within the core operations is important to attain enduring outcomes. We imagine in coaching our groups to ship impression by way of sustainability. This will assist us construct a stronger group of people who find themselves conscious of the larger image of local weather change.”
    Synergy Steels goals to turn out to be a benchmark for sustainability in India’s stainless-steel trade. The firm is dedicated to minimizing its environmental footprint by way of initiatives like transitioning to renewable power, decreasing emissions and waste, and interesting with native communities.
    Established in 1973, Synergy Steels focuses on lengthy stainless-steel merchandise and ranks because the fifth largest producer in India. The firm’s various product portfolio consists of billets, wires, wire rods, chrome steel rebars, shiny bars, and many others, amongst different merchandise. Synergy Steels operates state-of-the-art amenities throughout India, boasting a mixed capability of 250,000 tonnes. Emphasizing high quality, the corporate employs Just-In-Time (JIT) logistics and upholds rigorous security requirements. Synergy Steels’ merchandise cater to sectors equivalent to development, infrastructure, power, and manufacturing, supplying to famend processing mills throughout India and international markets. Committed to social accountability and sustainable practices, the corporate prioritizes Environmental, Social, and Governance (ESG) initiatives. Certified with ISO 9001:2015, Synergy Steels Limited maintains cutting-edge industrial infrastructure that includes superior, technology-driven equipment. Located within the Matsya Industrial Area of Alwar, Rajasthan, Synergy Steels is famend for its chrome steel and rolling mills, epitomizing excellence within the trade.


    Neel Achary

  • Ayushakti Opens Its Second Outlet In Pune

    After the success of its first outlet, Ayushakti expands its reach in the city, to offer more people solutions for healing

    PUNE: Ayushakti, one of the leading Ayurvedic health centers around the world has launched its second outlet in Pune. After the great success of the first franchise last year, the company has now opened its new outlet at Atrium Business Complex near Magarpatta City, Mundhwa. It was inaugurated by franchise owners Dr. Vaishali Shimpi & Mr. Shashikant Shimpi. Other dignitaries were also present at that time.

    The new outlet will continue to offer similar services and treatments like Panchkarma, steam, massages, detoxification treatments, deep pulse reading, effective herbal remedies, customized diet plans, and marma (Ayurvedic pressure point) techniques amongst others.

    Ayushakti ensures that all its outlets across India and other parts of the world offer standardized treatments and to do so they conduct regular training programs. It recently concluded its final year of the 3-Year healing course – PATH (Practitioner Training in Ancient Healing Secrets of Siddha-Veda).

    Speaking on the launch, Co-Founder, Dr. Smita Pankaj Naram said, “We are very overwhelmed by the response we have received from Pune city and the locals. Last year we entered the Pune market as we saw a high demand for alternative health solutions. As we continue to see a positive response, we dedicatedly work towards our expansion strategy. We are incredibly appreciative to our clients, partners, doctors, and the entire team for their invaluable support in helping us realize our goals and aspirations”.

    This is Ayushakti’s 25th clinic in the state of Maharashtra. This franchise will have 4 treatment rooms, 2 consultation areas, a pantry, and a comfortable waiting area. Ayushakti was launched in 1987 with a mission to create long-lasting transformation in community health. It was co-founded by Master healer Late Doctor Pankaj Naram and his wife Smita Naram.

  • EV industry expects stronger push for ‘Make in India’ in upcoming budget

    The industry is hopeful that the upcoming FAME-III scheme will include subsidies for electric two-wheelers, making them more affordable and attractive to consumers

    India’s EV industry has high expectations from the upcoming budget. Under Prime Minister Narendra Modi’s government, promoting green mobility through EVs has always been a key focus. In fact, in the previous budget, commendable steps were taken towards a greener future by supporting EV manufacturing and expanding charging infrastructure across the country.

    Talking to Bizz Buzz, Ravi Machani – Co-Founder Investor, Tresa Motors said, “As the incumbent government begins its third term, the commitment to green mobility is expected to intensify further, with a strong emphasis on ‘Make in India’ initiatives.”

    These policies are expected to boost domestic EV production and create a robust ecosystem for EVs in India, with a strong focus on securing a reliable supply chain for EV materials. By focusing on resources available within India for cell manufacturing, the government aims to reduce reliance on imports and make the nation more self-sufficient, he said.

    Furthermore, the EV industry expects the government to offer incentives for heavy commercial vehicles (HCVs), thus encouraging the mining, steel, cement and logistics industries to transition from diesel-powered to eco-friendly electric HCVs. These measures will not only make these sectors more sustainable but also significantly contribute to India’s overall goals for green mobility.

    Ashok Vashist, Founder & CEO at Wise Travel said, “We believe that subsidies should not merely incentivize purchase but should reward usage. It’s crucial that subsidies are directed towards the operators, not just the manufacturers. This ensures that the benefits trickle down to those who actively contribute to reducing emissions and promoting sustainable mobility.”

    Subsidies should be based on the utilization of the vehicles, rewarding operators who integrate EVs into their fleets and maximize their usage. This way, the subsidy becomes a tool for promoting actual impact rather than mere ownership.

    As we look to expand our electric fleet, we hope that the budget and FAME 3 will prioritize operators who demonstrate commitment to sustainability. Those who merely purchase EVs for show should not be the primary beneficiaries. Instead, subsidies should reward those who utilize these vehicles extensively, thereby maximizing their environmental and economic benefits, he said.

    The electric vehicle revolution in India has gained remarkable momentum over the past two years, propelled by the government’s visionary FAME-I and FAME-II initiatives. We applaud these policies that have catalyzed the nation’s transition towards clean mobility.

    “As the interim budget for 2024-25 demonstrated, the government’s commitment to bolstering India’s EV ecosystem extends far beyond these initial schemes. The increased focus on domestic manufacturing and charging infrastructure development is a testament to their unwavering support for this critical industry,” Aditya Singh Ratnu, Co-Founder and CEO of ZEVO said.

    While these measures are commendable, we believe there is still room for improvement. One area that requires urgent attention is the inclusion of electric two-wheelers under the FAME subsidy umbrella. Extending subsidies to two-wheelers would not only reduce manufacturing costs but also open up investment opportunities, and encourage consumers to invest in these vehicles.

    Initial reports do indicate that the highly anticipated FAME-III scheme is on the horizon, and is to receive a substantial budget allocation of around Rs 10,000 crore. This scheme is expected to support electric two, three, and four-wheelers, marking a significant milestone in India’s EV journey. We eagerly await the details of this initiative, as it will lead to a strong transition away from traditional Internal Combustion Engine vehicles and further strengthen the EV ecosystem, paving the way for the next 10 years.

  • Indulge in Rajasthan’s Exquisite Flavors at Seasonal Tastes, The Westin Hyderabad Mindspace

    Rajasthani Food Festival - Westin Hyderabad (1)

    Savour the wealthy and various culinary heritage of Rajasthan at The Westin Hyderabad Mindspace, with the spectacular Rajasthani Food Festival till the thirtieth of June 2024. This culinary journey guarantees to move your style buds to the guts of Rajasthan with an genuine style of Marwari and Rajputana delicacies, showcasing the colourful flavours and inventive culinary traditions of the area, guaranteeing a really satisfying expertise.

    Rajasthani delicacies is a feast for the senses, wealthy and unique in each style and presentation. The meals pageant celebrates the royal legacy of the state and the culinary artistry of its folks, providing a mouth-watering array of dishes. From savoury fundamental programs to pleasant snacks and decadent candy treats, each chew guarantees to be a journey of flavours.

    This Food Festival is curated by Chef Ashwani, a Rajasthan-born culinary artist, who has refined his abilities with prestigious hospitality manufacturers together with Welcome Heritage, ITC Groups of Hotels, The Oberoi, and The Carlson Group, amongst others. He has journeyed from Rajasthan to deliver his experience right here, curating an genuine style of the area.

    He specializes in Indian Regional Cuisine with true conventional aptitude, showcasing specials from throughout the nation. Notable culinary extravaganzas by Chef Ashwini embrace “Dine like a Maharaja” (Mahmudabad and Hyderabad) and the “Grand Trunk Culinary Journey” (Amritsar, Delhi, Banaras, and Kolkata). The pageant provides a novel mix of delicious spices and flavours, making it one of the crucial scrumptious spreads which is a must-try. From delectable vegetarian dishes to mouth-watering meat preparations, Rajasthani meals has one thing to supply everybody.

    Dive into an array of delicacies cooked to delicate perfection. Vegetarian choices embrace Makhaniya Lassi – a wealthy and creamy yoghurt-based drink, Pyaaz ki Kachori – flaky pastries filled with a spiced onion filling, Sangri ki Tikki – spiced patties constituted of desert beans, Punchkutta – a tangy and spicy combined vegetable dish, Teen Patti ro Saag – a conventional Rajasthani inexperienced vegetable curry, and Gulab Jamun ki Subzi – a novel savoury curry constituted of candy Gulab Jamuns.

    Tantalize your style buds with flavorful dishes like Aloo Tamatar Jholdaar – potatoes cooked in a tangy tomato gravy, Govind Gatta – spiced gram flour dumplings in a wealthy yogurt gravy, Chakki ro Saag – wheat gluten curry, Paneer Kash Jodhpuri – cottage cheese cooked in a wealthy Jodhpuri fashion gravy, Kabuli – a layered rice dish with greens and nuts, and Dal Bati Churma – a signature Rajasthani dish of baked wheat balls served with lentils and sweetened cereal.

    Delight in the strong flavours from Jodhpur, a cultural gem of Rajasthan, with a choice of non-vegetarian dishes corresponding to Handi Bhutha – slow-cooked mutton in a conventional earthen pot, Soyata – marinated and spiced meat cooked to perfection, Kachar Mass – a wealthy mutton curry with intense flavours, Murgh ro Sulla – spiced grilled rooster, Lal Maas – a fiery Rajasthani mutton curry, and Desi Mugh – conventional country-style rooster curry.

    Delight your candy tooth with wealthy and vibrant Rajasthani desserts with must-try sweets like Mawa Kachori, Malpua, and Moong Dal Halwa. This choice of the very best desserts presents a pleasant twist, mixing flavors and traditions for a really distinctive expertise.

    Sharing his ideas on the Rajasthani Food Festival, Chef Ashwani says, “We are honored to unveil the Rajasthani Food Festival at The Westin Hyderabad Mindspace, celebrating the essence of Rajasthan’s culinary traditions. From the wealthy flavours of Marwari delicacies to the royal richness of Rajputana delicacies, our pageant guarantees a journey by way of the heartlands of Rajasthan. Join us as we deliver to life the colourful flavours and cultural heritage of this enchanting area, creating an unforgettable eating expertise for all our friends.”

    Immerse your self in a culinary celebration that seamlessly blends custom and tradition as you uncover the wealthy flavours of Rajasthani delicacies like by no means earlier than, we invite you to indulge in a gastronomic journey that may go away a long-lasting impression.

    Cost per individual:

    Dinner: 2300++

    Brunch 2750++


    Neel Achary

  • Amway India Observes International Yoga Day: Fostering Healthy Habits For A Better Tomorrow

    NEW DELHI: In its steadfast dedication to promoting healthier lives, Amway India, one of the leading companies supporting health and wellbeing needs, marked International Yoga Day by emphasizing the utmost importance of holistic health through the seamless integration of yoga and nutrition. The initiative aimed to incorporate yoga and mindful eating into the morning routine, helping to set a positive tone for the rest of the day and promoting both physical and mental wellness. As part of this initiative, Amway India organized a series of physical and virtual yoga sessions, along with expert speaker programs, reaching more than 4000 fitness enthusiasts across the country.

    Speaking on the occasion, Chandra Chakraborty, Sr. Vice President, East & West, Amway India stated, “As an advocate for holistic health and wellbeing, we applaud the Government of India’s efforts to promote yoga globally with an emphasis on overall wellbeing. The interconnectedness between yoga and diet, especially the first meal of the day, is evident from a [1]study on yoga practitioners in India. The study found that 65% incorporated specific foods or beverages into their diet after starting yoga. Moreover, 72.4% mentioned that yoga influenced the timing of their first meal, with 63% starting to eat earlier. Therefore, we believe that by aligning yoga practices and nutritional intake with our body’s biological clock, we can optimize our health and vitality. At Amway, we champion this approach through our philosophy of Exercise, Positive Attitude, Rest, and Nutrition, advocating for a disciplined approach to the first meal and exercise such as yoga, complemented by need-based supplementation to address nutritional gaps in enhancing overall health and well-being. All of this aligns with our goal to transform lives by adopting healthy habits, helping to extend health span, and fostering a healthier tomorrow.”

    In the West region, a series of vibrant physical and virtual events were orchestrated. These events featured invigorating yoga sessions and insightful programs aimed at fostering a deeper connection with the community. They also aimed to promote the benefits of yoga and highlight the importance of starting the day with a nutritious meal.  Following each session, participants enjoyed a healthy shake or smoothie enriched with Nutrilite All Plant Protein and Nutrilite Fiber, kickstarting their day and complementing the benefits of yoga. Additionally, digital Saptyoga and Fitness challenges were organized to engage and inspire participants.

    With an increasing emphasis on preventive health, Amway is dedicated to empowering individuals to take control of their health and well-being. Backed by a legacy of nearly 90 years, Amway’s Nutrilite is the world’s #1 selling vitamin and dietary supplement brand. It champions a plant-based approach to supplementation. Nutrilite by Amway endeavors to support individuals in achieving their health and wellness objectives. Through its innovative approach and unwavering commitment to holistic well-being, Amway encourages every individual to embark on a journey towards a healthier start each day.

  • ICICI Lombard Corporate India Risk Index 2023

    ICICI Lombard General Insurance to share their Corporate India Risk Index 2023 report

    Despite world headwinds, Indian corporates display strong danger administration and strategic developments within the fourth version of the ICICI Lombard Corporate India Risk Index (CIRI) 2023

    Mumbai, June 25, 2024: Despite dealing with world headwinds and elevated danger publicity in sure sectors, Indian enterprises have demonstrated resilience and strategic developments, resulting in improved danger administration scores. The fourth version of the ICICI Lombard Corporate India Risk Index (CIRI) 2023, a proprietary research carried out by ICICI Lombard in collaboration with Frost and Sullivan, exhibits an enchancment within the danger index rating from 63 in 2022 to 64 in 2023. ICICI Lombard, India’s main non-public normal insurer continues to pioneer in creating first-of-its-kind danger indices for India Inc. and recognizing organizations for his or her danger governance practices via the India Risk Management Awards (IRMA).

    The CIRI 2023 contains 32 danger parts throughout six broad dimensions, drawing upon world danger administration finest practices. Our distinctive scale identifies optimum administration of the dangers corporations are individually uncovered to, enabling them to undertake efficient practices, with out over-investing.

    Sandeep Goradia, Chief – Corporate Solutions Group at ICICI Lombard, commented on the findings, “The ICICI Lombard Corporate India Risk Index 2023 empowers companies in assessing danger and navigating strategically whereas enhancing enterprise worth. The improved rating within the fourth version of the Corporate Risk Index is a testomony to the environment friendly danger administration practices adopted by Indian corporates within the face of world headwinds and challenges. As we transfer ahead, corporations should keep forward of the curve and undertake complete and environment friendly danger administration practices. ICICI Lombard helps purchasers handle danger with bespoke providers like property and engineering loss prevention, complete danger assessments and cyber safety options. These providers present a holistic view of the chance, enabling purchasers to boost operational resilience for long-term stability and development.”

    Rising Risk Index Indicates Better Risk Management amongst Indian Companies

    Key Factors Comparison 2023 2022
    Corporate India Risk Index 64 63
    Corporate India Risk Management 67 66
    Corporate India Risk Exposure 64 64

    The 2023 Risk Index exhibits all 20 sectors in ‘Superior’ or ‘Optimal Risk Handling,’ with 9 sectors demonstrating ‘Superior’ dealing with, together with Telecom & Communication, Pharmaceuticals, Healthcare Delivery, Automotive & Ancillary, Manufacturing, FMCG, Media & Gaming, New Age & Start-up, and Tourism & Hospitality. The BFSI sector confirmed important enhancements in cybersecurity measures however remained inclined to world financial volatility.

    The Manufacturing, Metals & Mining, and New Age sectors displayed notable developments of their danger index scores. However, the FMCG and Biotech & Lifesciences sectors confronted challenges as a consequence of dynamic client calls for and geopolitical occasions, leading to a slight downgrade of their danger index scores.

    Aroop Zuthsi, Global President and Managing Partner at Frost & Sullivan, appreciative of the improved danger administration practices of Indian corporations, said, “The ICICI Lombard Corporate Risk Index is a definitive instrument to measure the strategic danger administration of corporates. The regular enchancment in danger index rating for the nation as an entire, mixed with the truth that there are not any sectors under the optimum danger index class, signifies a really constructive outlook for Indian corporates. In the face of a really dynamic enterprise surroundings, in India and globally, it’s heartening to see Indian corporates growing a transparent knack for successfully managing the dangers they’re uncovered to.”

    Government initiatives comparable to “Make in India,” continued investments in infrastructure, and the promotion of sustainable vitality administration have performed a pivotal function in bolstering sector resilience. The ongoing digital transformation and AI integration throughout sectors have additional enhanced operational efficiencies and danger administration practices.

    The report highlights the widespread adoption of telemedicine, on-line banking, and distant work options, pushed by the COVID-19 pandemic. Sectors have additionally targeted on sustainability, with important investments in renewable vitality sources, eco-friendly practices, and precision farming strategies.

    The findings of the Corporate India Risk Index 2023 underscore the significance of proactive danger administration and strategic developments. ICICI Lombard stays devoted to supporting Indian enterprises of their journey in the direction of resilience and sustainable development.


    Neel Achary

  • The File by Gary Born, now available from Histria Books

    The File by Gary Born, now available from Histria Books

    Histria Books is happy to announce the discharge of the paperback version of The File by Gary Born. This thrilling novel is revealed by Addison & Highsmith Publishers, an imprint of Histria Books devoted to excellent authentic works of fiction.

    Sara West is a phenomenal 28-year-old graduate pupil on a scientific expedition in Africa who stumbles upon a cache of WWII Nazi recordsdata within the wreck of a German bomber hidden within the jungle. The recordsdata reveal the situation of a multi-billion-dollar war-chest, secretly deposited by the Nazis in numbered Swiss financial institution accounts on the finish of WWII. The story that follows is a nail-biting thriller, with a fascinating heroine who’s pursued throughout Africa, the Middle East, and Europe by relentless Russian and American hitmen.

    Gina Haspel former director of the CIA calls it “A totally pleasing, engrossing thriller with fascinating younger, stunning American botanist on the middle of the fast-paced motion. Rooting for Sara West as she evades a Russian assassination workforce by way of the dense jungles of central Africa – her expedition expertise and wits her solely weapons in a race to security – will hold you up previous your bedtime. Can Sara belief CIA operative Jeb Fisher or will the likeable, enticing American additionally betray her belief? This properly written journey will take Sara from the rainforests of central Africa to the shores of north Africa and on to the cobbled streets of Europe as she struggles to determine good friend from foe. Is all of it a lure? The suspense will hold you guessing and eagerly awaiting a sequel.”

    Crime Fiction Critic says, The File by Gary Born, is a fascinating, fast-moving novel with a carousel of intriguing characters, that may fulfill probably the most discriminating motion thriller junkies.”

    Gary Born is a famend worldwide lawyer and writer. He has represented international locations and companies in almost 1,000 worldwide disputes all over the world. Mr. Born has additionally revealed extensively on worldwide regulation, together with the main commentaries on worldwide arbitration and litigation. He has taught at universities within the Americas, Europe, Asia, and Africa, together with Harvard Law School, National University of Singapore, and St. Gallen University. He lives in London, with two Maine Coons, and travels extensively.

    The File, by Gary Born, 372 pp., ISBN 978-1-59211-420-7, is available at HistriaBooks.com and from all main e book retailers. The e book can be available in Paperback and eBook. Titles revealed beneath the varied imprints of Histria Books are distributed worldwide by the Independent Publishers Group (IPG). For data on publishing with Histria Books, please go to HistriaBooks.com or contact us at data@histriabooks.com

  • Hara Supply Begins Offering Custom Pre-Roll Joint & Blunt Tubes

    Las Vegas, NV (June 25, 2024) – Hara Supply, the world’s largest producer of cones and combustibles, has introduced the enlargement of their product choices to incorporate customized tubes for pre-roll joints and blunts. Among the most well-liked strategies for hashish consumption, pre-rolled merchandise require correct storage, which is crucial for touring and sustaining freshness. The customizable tubes are manufactured by Hara, and are available in a wide range of sizes and supplies, reminiscent of food-grade plastic, shatter-resistant glass, metallic, and extra.

    The pre-roll class’s progress and resilience has change into one of the vital constant traits within the hashish {industry}. They are securing a considerably bigger portion of dispensary gross sales, accounting for 15.3% of complete gross sales in 2023, up from 11.6% in January 2022—a 32% improve. This makes pre-rolls the third largest class within the U.S. and the second largest in Canada. Consumers are more and more drawn to pre-rolls for his or her comfort in buying, consumption, and storage. As manufacturers and retailers place larger emphasis on this class, the demand for related packaging is anticipated to develop.

    The tubes are manufactured throughout Hara’s community of factories in India, a definite benefit for the corporate, because the nation continues to put money into manufacturing infrastructure as a part of Prime Minister Modi’s $1.2 trillion “Make-In-India”plan. Currently, firms are actively seeking to nations apart from China for his or her manufacturing wants, and India represents a powerful different on this shift. The decrease danger of manufacturing provides in India signifies that prospects by no means have to fret about stock shortages, and elevated logistical infrastructure permits for fast and direct delivery and processing. India’s rising manufacturing sector offers a stable basis for the Hara’s owned manufacturing, which can proceed to develop within the coming years.

    “Hara Supply produces 100 million cones month-to-month for the {industry}’s main MSOs, dispensaries, and CPG manufacturers, and we’re excited to leverage our expansive international provide chain community to supply tube packaging for your entire sector,” mentioned Bryan Gerber, Co-founder and CEO of Hara Supply. “Delivering quicker lead occasions, increased high quality merchandise, and intensive customization choices, we’re proud to be the most important and most trusted associate within the {industry}. Hara will proceed to innovate and drive progress for manufacturers as we enter this new part of hashish client packaged items.”

    Beyond tubes, Hara Supply offers a wide range of customized child-resistant packaging for pre-rolled cones, together with branded towers, packing containers, tins, and different retail packaging options. With industry-leading manufacturing capability and a top-tier buyer success workforce, the corporate ensures all supplies are lab-tested to fulfill the very best well being compliance requirements, supported by a rigorous AQL-spot examine course of.


    Neel Achary

  • Danfoss And Hewlett Packard Enterprise Partner To Curb Data Center Energy Consumption And Reuse Excess Heat


    Danfoss and Hewlett Packard Enterprise partner

    Incorporating AI into India’s expanding data center industry is crucial for sustainability and addressing the environmental impact of data centers.

    India, China, and Southeast Asia will drive approximately 85% of the additional demand for electricity through 2026, with data centers being a significant contributor

    INDIA: Danfoss and Hewlett Packard Enterprise recently announced their collaboration to deliver HPE IT Sustainability Services – Data Center Heat Recovery, an off-the shelf heat recovery module, helping organizations manage and value excess[1] heat as they transition towards more sustainable IT facilities.

    The rapid integration of AI technologies across organizations and businesses is expected to have a dramatic increase in the power demand and utilization of AI optimized IT infrastructure. According to the International Energy Agency, by 2026 the AI industry is expected to have grown exponentially to consume at least ten times its electricity demand in 2023[2]. To mitigate these challenges, IT leaders and data center facility operators are taking action to reduce energy usage, such as implementing modern power-efficient capabilities and improved cooling systems. Excess heat in the EU alone represents an estimated 2,860 TWh/y, almost equal to the EU’s total energy demand for heat and hot water in residential and service sector buildings[3]. The flow of excess heat from data centers is uninterruptible and therefore constitutes a very reliable source of clean energy.

    Ravichandran Purushothaman, President, of Danfoss India, said, “Sustainability is at the heart of our partnership with HPE. By harnessing excess heat, we’re not only reducing energy consumption but also creating a reliable source of clean energy. Danfoss’ heat reuse modules will make it possible to capture and reuse heat produced by data centres, providing a renewable energy source to supply heating on site and to neighbouring commercial and residential buildings, communities and industries that need heat for their processes.”

    Benefits and agility of modularityHPE’s MDC incorporates direct liquid cooling (DLC) technologies to enhance energy efficiency by over 20% and optimize energy production and distribution, leading to notable energy savings. The design’s compactness minimizes energy loss by reducing the distance for energy and cooling fluid transport and maximizes the temperature differential at the inlet and outlet, which promotes the capture of excess heat. Furthermore, the MDC’s agility and the exclusion of heavy industrial materials negate the need for costly, conventional building materials and substantially reduces the time to market. Deployment can be achieved three times quicker than with traditional data centers, decreasing from 18 months to as few as 6 months. Finally, the reduced land footprint and flexibility of the MDCs allow for placement in proximity to data generation sites, which diminishes the energy impact and bottlenecks associated with complex networking solutions and data transfer, while also supporting enhanced data governance and security.

    To address these issues, the new energy efficient data center solution from Danfoss & HPE offers:

    Danfoss’ innovative solutions include heat reuse modules that capture excess heat from data centers to provide renewable heating onsite and to neighboring buildings and industries for various applications, and Turbocor® oil-free compressors that enhance data center cooling efficiency by up to 30%.

    HPE’s scalable Modular Data Center (MDC), in the form of small footprint, high-density (kW/rack) containers, can be deployed nearly anywhere in the total absence of heavy industry and incorporates technologies such as direct liquid cooling, reducing overall energy consumption by 20%.

    “Our strategic partnership with HPE is a great example of how we revolutionize building and decarbonizing the data center industry together with customers,” said Jürgen Fischer, President, of Danfoss Climate Solutions. “With this latest cross-industry partnership we’re building the blueprint for the next generation of sustainable datacenters – using technologies available today”.

    With unparalleled density, HPE’s modular data centers offer an impressive power usage effectiveness (PUE) of 1.1  in contrast to the PUE of 1.3 to 1.4 typically associated with the best modern designs of traditional brick-and-mortar data centers. Capable of handling the most power-demanding architectures like HPE Cray Supercomputing EX4000, HPE’s modular data center is the adequate architecture for mission critical and compute intensive workloads like supercomputing and generative AI, enabling scientists, universities, and enterprises to achieve faster outcomes.

    “At HPE, we believe in the power of collaboration to create transformative solutions,” said Sue Preston, Vice President & General Manager, WW Advisory & Professional Services & Managed Services, HPE. “Our partnership with Danfoss brings together HPE’s innovative modular data center with Danfoss’ groundbreaking heat reuse technology. Together, we are not just adding value; we are multiplying it. By harnessing the typically untapped resource of waste heat, turning waste into worth, showing the future of energy usage is efficient, intelligent, and, most importantly, achievable now.”

    From chip to chiller: Driving innovation in decarbonizationTo leverage excess heat – one of the largest untapped sources of energy and the largest potential for data centers across Europe, HPE has partnered up with Danfoss as their decarbonization partner. The strategic partnership takes advantage of Danfoss’ extensive product portfolio of energy-efficient solutions to drive innovation, support decarbonization and build the blueprint for the next generation of sustainable modular data centers.

    HPE IT Sustainability Services – Data Center Heat Recovery is inspired by how Danfoss is already using heat reuse technology at its own headquarters campus in Denmark. Here, the heat is recovered from Danfoss’ onsite data center, boosted by a heat pump, and re-used in surrounding buildings to provide space heating. The heat can also be fed into the local district heating network to provide a renewable heat source to local residents. Reusing heat is a major part of Danfoss’ own decarbonization strategy which has helped Danfoss achieve carbon neutrality in the energy system of its 250,000m2 campus in Nordborg in 2022.

    The new scalable modular data center offering leverages Danfoss technologies, including Turbocor® compressors for heat pumps and chillers, heat exchangers, heat reuse modules, drives and pump skids allowing data centers to be cooled up to 30% more efficiently while recovering and reusing excess heat. It’s a modular solution with components that work together seamlessly and includes two technology stack options with a heat recovery system, including hydronic heat recovery heat exchanger and water-water heat pump, recovering heat from an air-cooled edge-to-cloud modular data center today and potentially second phase liquid cooled HPC modular data center.

    Anju Mary Kuruvilla, Director- Industry Affairs, Communication & Sustainability- Danfoss India, said, “As we navigate the data-driven era, sustainability is crucial for India’s expanding data center industry,  which is expected to grow exponentially by 132% to ~10 billion USD by 2027. Danfoss  partnering with HPE as part of our holistic “Reduce, Reuse, Resource” approach will help inspire more green data centers in the nation, with circularity and decarbonization embedded in them.”

     

     

     

  • PV sales will see 3-5% growth in FY25

    Mumbai: Passenger vehicle sales is projected to grow at a moderate 3-5 per cent this financial year on account of a high-base effect of FY24, shrinking order book and subdued demand for entry-level variants, a report said on Monday.

    According to the report by credit ratings agency CareEdge, following robust growth of 90 per cent with volumes at 90,432 units in FY24, with an improving penetration rate, electric car sales in the passenger vehicle (PV) segment is likely to clock volume of around 1.30-1.50 lakh units in FY25. In FY22 and FY23, the PV industry experienced substantial year-on-year volume growth due to pent-up demand post-Covid recovery and new product introductions, it said. Utility vehicles played a significant role, with volumes increasing by 41 per cent in FY22 and 33.2 per cent in FY23.

    The industry benefitted from lower interest rates and an increased desire for personal mobility in the wake of the pandemic, CareEdge said. According to CareEdge, utility vehicles contributed 10-15 per cent of total passenger vehicle sales until FY12. It grew at a compound annual growth rate (CAGR) of 15.51 per cent between FY13 and FY24, as consumer preference shifted towards utility vehicles that offered better and innovative designs, new models, technological, functional and safety features. For the past decade, the utility vehicles segment has consistently outperformed the passenger vehicle industry growth rate. In FY24, for the first time utility vehicles sales volume stood higher than passenger cars and vans, it said. Currently, utility vehicles account for over 55 per cent of all new PV sales and its share in overall passenger vehicle (PV) sales is expected to further rise over the medium-term, CareEdge said.

    “The PV industry is expected to exhibit moderate volume growth of around 3-5 per cent in FY25 on account of a high-base effect of FY24, shrinking orderbook and expectation of persistently subdued demand for entry-level variants in FY25,” said Arti Roy, Associate Director at CareEdge Ratings.