– Mr. Rajeev Sharma, Chief Strategy Officer, MitsubishiElectricIndia Pvt. Ltd.
Mitsubishi Electric India is looking forward to encourage Infrastructural development and bring technological innovation through our products and solutions for the Indian market. I hope that Budget 2023 scales a path towards India’s growth story, especially in the infrastructure and technology sectors. The expectation for the upcoming union budget is to continue and provide the right policy and budgetary framework to ensure economic growth of the country and a budget design that can stand as per the GDP growth rate expectations.
Considering that the Indian economy has begun to recover from the fiscal repercussions of the COVID-19 pandemic outbreak, the manufacturing sector is expected to experience solid growth, which can further strengthen by providing fiscal incentives and specific schemes in the upcoming union budget 2023-24.
I strongly believe that Indian government will prioritize the policies that can benefit the infrastructure, manufacturing sector and promote renewable energy allowing the country to realize its potential on a global scale. Manufacturing investments must be encouraged among technology providers to bring self-reliant solutions in the country. Development of new-age manufacturing skills across the top and bottom of the pyramid must be enlightened which can be a game changer for further skill development.
The overall expectation from the union budget is that it brings a steady growth for the present and future of the country.
The telemedicine industry has rapidly expanded and advanced to meet better and higher healthcare standards, and numerous tech-enabled healthcare businesses have contributed to the development. With the advanced use of technology and an increasing number of people leaning towards telemedicine in both Urban and Rural areas, Telemedicine is benefiting the country with some professional health experts. Here are some telemedicine companies that have contributed to the growth of the industry:
Tattvan E – Clinic:
Tattvan E- Clinic, one the leading telemedicine companies has contributed to healthcare in both sectors. Tattvan’s main objective is to bridge the gap between patients and doctors in rural and urban areas by taking into account the severe issue of access to doctors in rural areas. They provide accessibility regardless of the patient’s geographic location, they use telemedicine to bridge the gap and connect patients living in rural places to doctors. Tattvan offers accessible medical advice from physicians and other healthcare professionals who work in big cities hospitals, nursing homes, and other healthcare facilities. The other objective of Tattvan is to raise awareness about how telemedicine might be an effective alternative for people who cannot afford to travel to major cities whenever they need to see a doctor.
Apollo Telehealth:
Telemedicine has distinguished itself as one of the key technology developments sweeping the healthcare sector. Telemedicine is assisting healthcare providers to reach places where there is a need, notably those living in rural remote areas of India, and has been prompted by the pandemic to safely deliver and obtain care. The healthcare industry and how we approach treatment delivery are being transformed by telemedicine. These adjustments will make telemedicine more accessible, practical, and efficient in the future years. Most importantly, they will improve the quality of care given to patients across the country.
MedTel Healthcare:
Telemedicine facilities are secure for everybody and everyone willing to give or receive healthcare services with comfort. To spread the word about the efficiency and convenience of these facilities, awareness campaigns are required. They should stress that there is no need for a commute, transportation, or waiting period in order to receive affordable healthcare diagnoses for both acute and chronic ailments. To narrow the healthcare service gap between urban and rural areas, telemedicine is a crucial first step. Telemedicine is greatly assisting the nation due to the advancement of technology and new medical discoveries.
eSanjeevani:
eSanjeevani is a countrywide telemedicine program that offers an online substitute for traditional in-person consultations. They provide services using PCs, tablets, and cell phones. No matter where they are, doctors can visit patients at home for consultations. This project has earned the title of the largest government-owned telemedicine platform in the world in less than three years. It comprises two verticals that serve patients in all states and UTs, effectively establishing a presence in the interior of the country.
MyHealthcare:
A digital healthcare ecosystem that improves healthcare delivery services and results in better patient care. They provide services such as consulting, diagnostics, health monitoring, preventative health, and more, all of which are underpinned by a patient-centric, data-driven mindset. Their main goals are higher commercial value and increased patient engagement.
India, 16th January 2023: As per the Developer Sentiment Survey conducted by CREDAI, Colliers, and Liases Foras, about 58% of the developers pan India expect housing prices to increase further in 2023. The rise in prices is likely to be led by robust demand for homes in the Indian market and at the same time, volatile key input costs. The Colliers-CREDAI-Liases Foras joint report on Real Estate Developers’ Sentiment Survey 2023, explores different perspectives of developers on how the residential sector spanned out in 2022 and which transects the sector is likely to take in 2023.
Raw material costs have surged significantly in the last two years due to global supply chain disruption, which has led to inflationary pressures. About 43% of the developers saw a 10-20% rise in project costs in 2022 compared to 2021 amidst rising input costs. This is in line with Colliers’ construction cost Update: November 2022, which states that the cost of key construction materials has jumped about 32% in a span of three years. This has led to increased costs of construction for the developers.
Mr. Harsh Vardhan Patodia, President of CREDAI National stated, “The previous year provided the much-needed impetus and led to record-breaking sales in the last decade. Hence, more than 70% of developers believe the demand for home ownership will either increase by 25% or remain stable in 2023. With such sentiment, most of the developers in the community (87%) are looking to expand their offerings and the year is likely to see a surge in new launches equal to the current supply under construction. Rising population, wealth growth, and rapid urbanisation are the key influencing factors driving the sector’s growth. Hence, to help maintain the momentum, almost 40% of developers anticipate improved ease of doing business from the government in 2023, while another 31% anticipate rationalization/income tax credit GST.”
“During 2022, developers across the spectrum saw increased enquiries led by a continued inclination towards home ownership since the pandemic. The survey reveals that developers remain optimistic about the market. About 43% of the developers feel that residential demand would remain stable in 2023. Homebuyers remain enthused about purchasing homes, despite rising interest rates. Developers too are focusing on launching projects that are aligned as per the needs of the homebuyers and are also formulating strategies to complete their pending projects and bring in demand-led supply,” said Ramesh Nair, Chief Executive Officer | India & Managing Director, Market Development | Asia, Colliers.
Key survey results –
62% of the developers feel that buyer enquiries and engagement have increased in 2022 compared to 2021.
43% of the developers feel that residential demand would remain stable in 2023, followed by 31% who feel that the demand would increase up to 25%
43% of the developers saw a 10-20% rise in project costs in 2022 amidst rising input costs
31% of the developers are willing to explore plotted developments as an alternative business model, followed by branded residences preferred by 19% of developers
About 39% of the developers also hope for better ease of doing business from the government in 2023 and another 31% expect rationalization/ Income tax credit GST
Almost half of the developers believe that a probable recession will have a moderate impact on their business
Source: Colliers, CREDAI, Liases Foras
“2022 witnessed the highest-ever sales and new launches across major cities in India. We have also seen a marginal increase in property prices. The market is likely to maintain the momentum that the sentiment survey re-affirms”, said Pankaj Kapoor, Managing Director, Liases Foras.
Branded residences – a clear favourite among developers
Branded residences have emerged as a clear favourite among developers as about 31% of the developers are willing to explore plotted developments as an alternative business model, followed by branded residences were preferred by 19% of developers. Higher disposable incomes and an increased need for best-in-class amenities and open spaces have pushed up demand for self-contained residential complexes. Plotted developments are also becoming popular, especially in tier II cities due to lower land rates and the flexibility they offer to homebuyers.
Next year is likely to see a spurt in new launches, as around 87% of the developers are willing to launch new residential projects in 2023. This cements the optimism among developers despite inflationary pressures and any potential slowdown. However, developers are likely to adopt a wait-and-watch approach to see how the economy, job freezes, and layoffs pan out over the next few months.
‘Ease of doing business’- a top ask from developers
As per the survey, ‘Ease of doing business’ is developers’ top expectation from the government. In the Union Budget last year, the government announced the launch of ‘Ease of doing business 2.0.’ The sector expects further clarity and parameters over the index, including aspects such as single-window clearance.
New Delhi, January 16, 2023: India’s networking market which comprises Ethernet Switches, Routers, and WLAN segments have witnessed unprecedented growth with regard to vendor revenue during the third quarter of FY22 according to a special report published by IDC (International Data Corporation). NETGEAR, a global networking company providing hardware for consumers, businesses, and service providers is now among the top 5 companies in India in the switching and WLAN segment by IDC.
As the world continues to adopt technologies such as audio, video, and control over Ethernet as their delivery method of choice, NETGEAR is working to pave the way for new and improved experiences across developing industries through its products. Over the years, NETGEAR Business has led the way by successfully enabling more than 50 million businesses worldwide. These products combine years of networking from leading experts with unmatched ease of use, reliability, and cost savings that benefit all networked AV solutions.
NETGEAR is looking at increased performance in operations due to rising demand for premium Wi-Fi mesh systems and 5G mobile hotspots in retail and service channels. Since there has been an unprecedented rise in robust networking solutions, the brand is a primary player in pushing its attention to Internet-connected lifestyle devices including laptops, smartphones, IoT devices, speakers, and Television for Smart Homes.
Marthesh Nagendra, Country Manager – India, ME & SAARC, NETGEAR said, “We are delighted to be among India’s top 5 Switching & WLAN brands. We are grateful to our partners and customers for making it possible. Our business offerings are equipped with better hardware, advanced features, easy to set up, come at the right price, and longest warranty which makes us one of the best brands in the industry.”
The Worldwide design & development of NETGEAR’s Access points is done at its Research Center, Bangalore. The company has a large office space of around 75,000 Sqft in Bangalore where they have engineers working on software for Consumer products, Insight cloud management, and hotspots. The brand engages more than 500+ Engineers direct and indirect, to work on the design and development of NETGEAR products in India.
NETGEAR is set to gain more momentum in terms of sales and scalability in the coming years. It is pushing its energy to take on the market in a big way and imprint more of the Indian networking market. The company is set to build on more innovations this year to drive more conscious and widespread growth in the networking market. NETGEAR is also in the process of signing an LoI (Letter of Intent) for setting up the largest manufacturing unit in Chennai which will be the 1st “Make in India” for the world.
India, January 16, 2023: Cactus Communications (CACTUS), a science communication and technology company, ranked 14th on FlexJobs’ global list of the Top 100 Companies to Watch for Remote Jobs in 2023. CACTUS continues to rank among the top 20 companies for the eighth consecutive year. This rank is based on the analysis of approximately 58,000 global companies and their remote job posting histories in the FlexJobs database from January 1, 2022 to December 31, 2022.
Abhishek Goel, CEO and Co-founder, CACTUS, said, “This is a great honor, being globally recognized for eight consecutive years amongst the top companies for our remote-first culture. This award is a testament to CACTUS creating a sustainable workplace that attracts talent and enables us to strengthen our location-agnostic employment opportunities. We are indeed proud to say that we as an organization stand for our people-first approach, diversity, and inclusive practices, all while being 100% remote.”
Yashmi Pujara, CHRO, CACTUS, said, “Remote-first is the future of work. Adoption of remote work has given our employees flexibility in all areas of life – work, hobbies, family, health, etc. I would like to thank all Cactizens and Leadership teams, who help sustain and shape our culture.”
FlexJobs has been compiling the “Top 100 Companies to Watch for Remote Work” list for the past decade. This year FlexJobs saw a 20% increase in the number of remote job listings as compared to the previous year, which was just 12%, and this year’s Top 100 list included companies such as Amazon, American Red Cross, PNC, TTEC, and Williams-Sonoma, among others.
New Delhi, January 16, 2023: Gizmore, one of India’s leading Smart Accessories, Fitness Gear, and home audio brands, today announced the launch of Blaze Max. The company has made strong inroads in the affordable smartwatch space with its feature-packed big display watches and is now taking the bar a notch higher with Blaze Max, which comes with a 1.85-inch Edge To Edge Curved IPS display and has a bigger screen to body ratio. The smartwatch delivers 15 days of battery life on a single charge. The smartwatch supports 450 NITS brightness and has an Always-On Display which is normally a feature of high-end smartwatches, making it comfortable and easy to use in all conditions.
Smartwatches have become one of the fastest-growing product categories, and consumers are increasingly relying on these devices to track their health and fitness. Keeping the target group’s needs in mind, Gizmore Blaze Max is equipped with a host of health and fitness trackers that help users lead healthier lifestyles. The multiple sports mode on the Gizmore Blaze Max allows users to keep a tab on the changes and experience the difference. It also offers integration with JYOU PRO Health Suit, enabling people to track their step count, SpO2 level, heart rate, calorie burn, hydration alert, menstrual tracker, guided breathing & stress management, and sleep monitor.
The smartwatch comes with an IP67 rating, making it an ideal companion for any workout. Users can also keep a tab on the weather, including the air quality index, on the home screen. Gizmore Blaze Max has inbuilt games and a calculator. Its intuitive split-screen features allow users to multitask like a pro. It also has Hindi language support, which makes it easier to use.
Sanjay Kalirona, CEO and Co-founder Gizmore said, “Gizmore has been focusing on launching feature-packed, big-display smartwatches. Our consistent efforts have been well rewarded, and there is a strong demand for premium-looking devices. The customer trust we have earned keeps inspiring us to focus on innovation and technology to introduce even better products. With Gizmore Blaze Max, we are launching the first-of-its-kind 1.85-inch display smartwatch at a sub-Rs 1,500 price point. We believe this smartwatch will help us in strengthening our position in the big display smartwatch segment”.
Gizmore Blaze Max is enabled with Bluetooth calling feature and BT music that facilitates users to effortlessly accept and reject calls from the watch itself and connect with their near and dear ones. It has features like call Mute, unmute, call switch to phone, volume control on the watch itself, and comes with a dedicated speaker for call clarity. The smartwatch also supports AI-based Voice Assistance Commands, making it super easy to use. Packed with features, Gizmore Blaze Max also delivers an exceptional 15-day battery on a single charge.
The trendy smartwatch will be available in three captivating colors – Black, Burgundy, and Grey. To match the style of all users, the latest smartwatch from Gizmore supports multiple watch faces.
The Blaze Max has the best-in-class pricing on Flipkart starting January 16, 2023. Gizmore is also the PLATINUM Sponsor for the Flipkart Republic Day Sale, and the entire smartwatch range from the brand will be available at attractive price points.
Mumbai, 16 January 2023: Year 2022 saw record high housing sales and new launches across the top 7 cities. Latest ANAROCK data reveals that unit completions have also remained on top between 2017 till 2022. Approx. 4.02 lakh homes were completed in 2022 in these cities – 44% higher than in 2021, when approx. 2.79 lakh homes were completed.
Of the total completed homes in 2022, the highest were in MMR – approx. 1,26,720 units, almost 80% more than in 2021 (when approx. 70,500 units were completed).
In NCR, approx. the same number of units got completed in 2022 (86,300 units) as in 2021 (86,590 units) Pune saw approx. 84,200 units completed in 2022, against 46,080 units in 2021 Bengaluru, Hyderabad, and Chennai collectively saw approx. 81,580 units completed in 2022, against 63,870 units in 2021 Kolkata saw approx. 23,190 units completed in 2022, against 11,620 units in 2021.
Anuj Puri, Chairman – ANAROCK Group, says, “2022 was a watershed year for the Indian housing sector, with sales breaching the previous peak levels of 2014. In response to this high demand, developers remained focused on completing their previously launched projects. 2022 saw the highest rate of completions (4.02 lakh units) between 2017 and 2022 across the top 7 cities.”
“Over 5.44 lakh units are scheduled to be completed across the top 7 cities in 2023,” says Puri. “Construction activity was, and will hopefully remain, least impacted even if the pandemic resurfaces, so most completions in 2023 may be as per schedule. Certainly, developers are committed to completing previously launched projects before launching new ones.”
Expected Completions in 2023
Ready-to-move-in homes remain squarely on the bestseller list. After a phenomenal completion rate in 2022, 2023 is poised to be another rocking year as long as construction proceeds as per timeliness and no major headwinds obstruct it. If construction proceeds unhampered and as per schedule, NCR is likely to see the maximum completions in the year.
Year
No. of Units Completed / to be completed
2017
204200
2018
246140
2019
298450
2020
214370
2021
278650
2022
402000
2023 (Expected Completions)
5,44,190
Source: ANAROCK Research
Delhi-NCR is slated for maximum completions in 2023 with approx. 1,66,850 units scheduled to be completed during the year In MMR, approx. 1,32,900 units are expected to be ready by year-end Pune has approx. 94,280 units scheduled to be completed in 2023 In Bengaluru, approx. 73,470 units are expected to see completion in the year Hyderabad has approx. 25,120 units scheduled for completion in 2023 In Kolkata, approx. 33,040 units are lined up to be completed during the year Chennai has the lowest stock with approx. 18,550 units scheduled to be completed in 2023.
Bangalore, January 16, 2023: YES BANK, in partnership with Mastercard, announced the launch of YES Private Debit Card for the Bank’s ultra-high net worth individual (UHNI) customers. Equipped with the best-in-class features and privileges across an array of categories like travel, wellness, and lifestyle, among others, the all-new debit card has been specially curated to match the requirements of affluent professionals and entrepreneurs.
The Bank has launched the card on Mastercard’s premium World Elite platform – a signature global program catering to UHNI customers. With this, YES BANK becomes the first bank in the Asia Pacific to bring forth a debit card on this platform.
Commenting on the launch, Mr. Rajan Pental, Global Head – Retail Banking, at YES BANK said, “At YES BANK, we understand the evolving needs and aspirations of our customers and are focused on bringing forth solutions that match these dynamic requirements. With the launch of the YES Private Debit Card, we aim to strengthen our card proposition even further. The card will provide YES Private customers, seamless access to world-class privileges by leveraging our wide network and strong relationships. We believe, the new debit card is a compelling proposition that offers best-in-class benefits across travel, wellness, lifestyle, and luxury, thereby offering our wealthy customers with an unmatched banking experience.”
Mr. Gautam Aggarwal, Division President – South Asia, Mastercard added, “India is home to the fastest growing affluent segment and their needs and aspirations have evolved considerably post the pandemic. We are privileged to partner with YES BANK to launch the first World Elite Debit Card in Asia Pacific. This will take the ultra-affluent segment to a whole new level and will open doors to best-in-class privileges across categories that one can access in a seamless manner. This is a segment that will see massive growth in the months to come and we are delighted to have taken the first step.”
This YES Private Debit Card has several exciting features for UHNIs, the most prominent ones being – a 24X7 lifestyle concierge for managing extraordinary experiences including, private jet, airport limo, chauffeured car services, e-gift vouchers from Oberoi Hotels and Resorts which can be availed during booking, dining and spa experiences at select properties, complimentary golf sessions and lessons every year, as well as access to domestic and international airport lounges among others.
Crafted in metal with an exquisite finish, the card will be offered exclusively to customers who are part of YES BANK’s YES Private program, which is a holistic proposition that brings together a dedicated team of experts, determined to provide the choicest of services to UHNI cardholders across their passion points.
Dr. Mumtaz Ali, Critical Care Specialist, HCG Cancer Centre Jaipur
Cancer is an ailment characterised by abnormal and uncontrollable growth of cells that damages the surrounding healthy body tissues. Unexplained and sudden weight loss, fever, fatigue, pain, changes in skin, changes in bowel habits and bladder function and unusual bleeding or discharge are some of the most common and early signs of cancer. Although curable when detected early, cancer is a long-term, chronic condition that requires some patients to opt for palliative care.
Palliative care is referred to as the branch of care that works towards improving the quality of life of patients with a life-threatening, chronic ailment like cancer. It is offered either along with curative treatment or alone. It provides holistic care that aims to prevent or treat the signs of the disease or side effects of the treatment besides providing relief to psychological, social and other disease-induced issues. Palliative care can be offered in various settings – hospital, an outpatient clinic, a long-term care facility or at home under the supervision of a licensed healthcare provider.
Technology enhancing palliative care
Palliative care plays a significant role in enhancing the quality of life of not just the patients but also the caregivers. Advances in technology have now made the delivery of palliative care easy and productive. Here’s how technology can transform palliative care in the country.
· Telemedicine: The remote diagnosis and treatment of patients through telecommunications technology has emerged to be a game changer not just in terms of closing the gap in cancer treatment but also in palliative care for cancer. Healthcare providers and palliative care specialists have adopted telemedicine and are efficiently taking care of patients at home from the clinical sites with the help of video conferencing. These virtual visits have proved to be extremely efficient in meeting the needs of the patients without delay.
Telemedicine doesn’t just make care more accessible, but it is found that telemedicine to make palliative care affordable as well. Intervention of telemedicine in palliative care for cancer has shown significant improvement in the clinical status of the patients. Plus, it helps in compensating the poor patient to doctor ratio and considerably relieves the burden of the palliative care staff and doctors who are able to manage a greater number of patients through video conferences. It also eases the lives of caregivers who can easily reach out to doctors without having to step out of the house.
· Web-based health monitoring: The internet now provides access to several portals loaded with health information and video sessions by palliative care specialists focusing on what a caregiver should do and not do while taking care of cancer patients. This can play a significant role in enhancing end of life care. Several telemonitoring systems available on the web empowers patients, caregivers and palliative care providers to strategise self care ways and follow them under the guidance of a virtual specialist.
· Mobile applications: Utilisation of mobile applications in palliative care can transform the point of care significantly and drive towards enhanced patient participation in the treatment process. While earlier, patients have only been receivers in the conventional treatment process, now, with the use of several mobile applications, patients can now actively participate in the decision making regarding their treatment and more. Mobile applications have been found to considerably improve pain management among patients with cancer and make palliative care more patient centric.
· Electronic Health Record: Systematic collection and storage of data about patients’ health in digital format makes it extremely beneficial for the palliative care providers to monitor and keep track of patients’ health. A digital patient record can enable healthcare providers to apprehend a critical situation from prior and take immediate action. It also enables them to make palliative care customised based on each patient’s requirements and take care of the needy patients first.
How technology aided palliative care is beneficial for cancer patients?
Palliative care backed by technology can help patients in several ways:
● It bridges the distance gap, enabling the palliative care providers to tend to all patients irrespective of their location, thereby making palliative care more accessible.
● It makes palliative care more affordable.
● It enables patients and caregivers to adopt self-help ways under the guidance of a virtual specialist without having to worry about reaching one physically.
● It makes palliative care more patient centric and enables inclusion of patient participation in the treatment process.
● It relieves burden from the caregivers and palliative care providers and helps them to take care of a larger number of patients with limited resources.
Technology enabled palliative care can thereby revolutionise the end of life care and provide optimal respite to the patients of cancer.
16th January 2023, Gurgaon, India – Times Prime, the premium subscription service, today launched its outdoor campaign at Cyber Hub, Gurgaon that would showcase the brand’s new offer launches and exclusively curated events. The campaign will run for three months and will feature 16 sides of pole kiosks strategically placed throughout the popular shopping and dining destination.
Times Prime has devised an approach that is both unique and relatable, with tongue-in-cheek communication that targets their products and brands’ USP. The campaign is designed keeping in mind the audience of Cyberhub and features Hinglish language for building relatability.
“We are thrilled to launch our new outdoor campaign at Cyber Hub, one of the most popular destinations in Gurgaon. We believe that this campaign will be a great way for us to reach our target audience and showcase what makes Times Prime unique and valuable. With our tagline positioning the membership as the only membership that you ever need – a single membership that covers everything from dining, travel, shopping, entertainment, and many more.” said Harshita Singh, Business Head of Times Prime.
As one of the most preferred lifestyle super-apps, Times Prime offers an extensive range of benefits on a single platform, from shopping to entertainment and lifestyle, brands like Starbucks, Myntra, Uber, Disney+ Hotstar, SonyLIV, Google One, and many more. Times Prime positions itself as a unique Super App that curates subscriptions and benefits besides elevating lifestyle with superior & exclusive access to global brands and experiences. The campaign is designed to create a sense of urgency and dramatize the importance of availing the benefits of a Times Prime subscription.
