From festivity to family moments: Sony SAB artists celebrate the spirit of Gudi Padwa

Gudi Padwa is celebrated with joy, tradition, and the promise of new beginnings. From raising the traditional Gudi outside homes to preparing festive delicacies and gathering with loved ones, the festival carries a sense of renewal that brings families and communities together. While each household celebrates it in their own way, the spirit of Gudi Padwa often lies in the small rituals that make the day special, decorating homes, sharing festive meals, and taking a moment to welcome the year ahead with hope and gratitude.

From festivity to family moments: Sony SAB artists celebrate the spirit of Gudi Padwa

 

This Gudi Padwa, Sony SAB artists Akshaya Hindalkar, Shrenu Parikh, Rishi Saxena, Deeksha Joshi and Rajat Verma share how they connect with the spirit of the festival and the traditions or memories that make the occasion meaningful for them.

Akshaya Hindalkar, playing Rashi Patel in Pushpa Impossible, shares,“This Gudi Padwa feels special for me as it marks my first one after marriage. Growing up, the festival always symbolised new beginnings, positivity, and the joy of welcoming a fresh chapter. This year, that sentiment feels even more meaningful as I celebrate it with my new family and embrace new traditions, love and togetherness. There is something very heartwarming about waking up early, helping decorate the house, preparing festive dishes together and watching the Gudi being hoisted with so much faith and happiness. I am excited to create new memories and continue the traditions that make this festival so meaningful. I wish everyone a very happy and prosperous Gudi Padwa.”

Shrenu Parikh, playing Goddess Parvati in Ganesh Kartikey, shares,“Gudi Padwa has become a very special festival for me over the last few years. Being a Gujarati, I grew up celebrating our own beautiful traditions, but after getting married into a Maharashtrian family, I’ve had the chance to experience the joy and significance of Gudi Padwa up close. It’s been such a wonderful cultural exchange within the family and I truly cherish how festivals bring together different traditions in the most heartwarming way. Wishing everyone a very happy and prosperous Gudi Padwa. May this new year bring positivity, good health and many beautiful moments with your loved ones.”

Rishi Saxena, playing Sanjay Bhosale in Itti Si Khushi, shares,“Gudi Padwa has always been a festival that carries a beautiful sense of positivity and new beginnings. Over the years, having worked closely in the Marathi industry, I’ve had the chance to experience the warmth and vibrancy with which this festival is celebrated. Many of my closest friends are Maharashtrian, and through them I’ve come to truly appreciate the traditions and emotions attached to Gudi Padwa. From seeing the beautifully decorated Gudis outside homes to enjoying festive meals and the overall festive spirit in the air, it’s always wonderful to witness how families come together to welcome the Marathi New Year with so much joy and faith. Being around friends who celebrate it with such pride has made me feel connected to the festival in a very special way. Wishing everyone celebrating a very happy and prosperous Gudi Padwa.”

Deeksha Joshi, playing Deepti in Pushpa Impossible, shares,“Even though I’m a Gujarati at heart, living in Mumbai has made me appreciate and connect deeply with the beautiful traditions that the city celebrates with so much pride and enthusiasm. I love seeing the city come alive with colourful rangolis, beautifully decorated Gudis outside homes and families coming together to welcome the new year with so much joy and hope. Having spent time shooting a film in Pune as well, I’ve had the chance to experience the warmth and authenticity with which Gudi Padwa is celebrated, and it’s something that stayed with me. Wishing everyone a very happy and prosperous Gudi Padwa.”

Rajat Verma, playing Virat in Itti Si khushi, shares,Living in Mumbai I can really feel the festival around you. I get to see the colourful Gudis outside homes, rangolis at the entrance, and there’s a certain festive buzz in the neighbourhood from the morning itself. Over time I’ve started appreciating those little details and the positivity the day brings. It feels like a fresh start in many ways. I’d like to wish everyone a very happy Gudi Padwa and hope the new year brings lots of happiness and good energy.”

Tune in to watch Itti Si Khushi, Ganesh Kartikey and Pushpa Impossible, only on Sony SAB 

Bahrain and Saudi Arabian Grands Prix will not take place in April

FIA Statement

It has been confirmed today that, after careful evaluations, due to the ongoing situation in the Middle East region, the Bahrain and Saudi Arabian Grands Prix will not take place in April.

While several alternatives were considered, it was ultimately decided that no substitutions will be made in April. The FIA Formula 2, FIA Formula 3 and F1 Academy rounds will also not take place during their scheduled times.

The decision has been taken in full consultation with Formula One Group, local promoters and our Member Clubs in the region.  

Mohammed Ben Sulayem, FIA President, said: “The FIA will always place the safety and wellbeing of our community and colleagues first. After careful consideration, we have taken this decision with that responsibility firmly in mind. 

“We continue to hope for calm, safety and a swift return to stability in the region, and my thoughts remain with all those affected by these recent events. 

“Bahrain and Saudi Arabia are incredibly important to the ecosystem of our racing season, and I look forward to returning to both as soon as circumstances allow. My sincere thanks to the promoters, our partners, and our colleagues across the championship for the collaborative and constructive approach that has led to this decision.” 

Stefano Domenicali, Formula One Group President and CEO, said: “While this was a difficult decision to take, it is unfortunately the right one at this stage considering the current situation in the Middle East. 

“I want to take this opportunity to thank the FIA as well as our incredible promoters for their support and total understanding as they were looking forward to hosting us with their usual energy and passion. We cannot wait to be back with them as soon as the circumstances allow us to do so.” 

Sheikh Salman bin Isa Al Khalifa, Chief Executive of the Bahrain International Circuit, said: “We fully support the decision by Formula 1, and we are grateful to them and to the FIA for their support and enduring partnership. We look forward to welcoming fans from all around the world back to Bahrain when F1 returns. 

“On behalf of all of us at BIC, I take this opportunity to offer our sincere thanks to all those in the F1 community who have taken the time to send us messages of support.” 

HRH Prince Khalid bin Sultan Al-Abdullah Al-Faisal, Chairman of the Saudi Automobile and Motorcycle Federation (SAMF) and Chairman of the Saudi Motorsport Company (SMC), said: “The Saudi Automobile and Motorcycle Federation respect the decision taken by Formula 1 regarding the 2026 race calendar. 

“Fans across the Kingdom were once again looking forward to the Formula 1 STC Saudi Arabian Grand Prix in Jeddah this April, but we understand the considerations behind this decision and remain in close partnership with Formula 1.”

PM Mudra Yojana Offers Collateral-Free Loans up to Rs.20 Lakh to Small Entrepreneurs

New Delhi: The Pradhan Mantri Mudra Yojana (PMMY), launched in 2015 to support small businesses and entrepreneurs, provides collateral-free loans of up to ₹20 lakh through banks and financial institutions, the government informed Parliament.

According to information provided by the Department of Financial Services (DFS), the scheme was launched on April 8, 2015, to extend credit support to small enterprises engaged in manufacturing, trading, services and agriculture-allied activities. Loans under the scheme are provided by Member Lending Institutions, including Scheduled Commercial Banks, Non-Banking Financial Companies and Micro Finance Institutions.

Individuals with viable business plans for small enterprises are eligible to apply for loans under the scheme. The loans are categorised into four segments based on the amount required.

Under the Shishu category, loans of up to ₹50,000 are provided, while the Kishor category covers loans above ₹50,000 and up to ₹5 lakh. The Tarun category offers loans above ₹5 lakh and up to ₹10 lakh.

To encourage successful borrowers, the government introduced a new category called Tarun Plus from October 24, 2024. Under this category, entrepreneurs who have successfully repaid their earlier loans under the Tarun category can avail collateral-free loans ranging from ₹10 lakh to ₹20 lakh.

The scheme has played an important role in supporting small businesses, traditional enterprises, handicrafts and agriculture-allied activities. It has also helped women entrepreneurs who often face challenges in accessing credit due to lack of collateral or credit history.

To simplify the loan application process and ensure timely disbursal, the government has also launched digital platforms such as the Jan Samarth portal, which integrates multiple credit-linked schemes and enables applicants to apply for loans through a self-service or assisted process.

This information was provided by Minister of State for Micro, Small and Medium Enterprises Shobha Karandlaje in a written reply in the Lok Sabha on March 12, 2026.

MSME Ministry Completes 364 MSE-CDP Projects; SFURTI Scheme Strengthens Traditional Industry Clusters

New Delhi: The Ministry of Micro, Small and Medium Enterprises (MSME) has completed 364 projects under the Micro and Small Enterprises–Cluster Development Programme (MSE-CDP), aimed at enhancing productivity and competitiveness of micro and small enterprises across the country.

The MSE-CDP scheme focuses on establishing Common Facility Centres (CFCs) and creating or upgrading infrastructure facilities in existing industrial clusters. These initiatives provide financial support to improve technology access, production capacity and overall efficiency of micro and small enterprises.

Since the inception of the scheme, a total of 606 projects have been approved by the Ministry. Of these, 364 projects have been completed while 242 projects are currently under implementation.

Meanwhile, the Scheme of Fund for Regeneration of Traditional Industries (SFURTI) has also made significant progress in promoting cluster-based development and strengthening traditional industries.

According to the Ministry, 513 clusters have been approved across the country since 2015-16 under the SFURTI scheme, with a total committed assistance of ₹1,332.95 crore from the Government of India. These clusters are expected to benefit around 3.03 lakh traditional artisans engaged in sectors such as handicrafts, handloom, agro-processing, coir, honey and other related activities.

Out of the total clusters approved, 378 clusters are currently functional, while 135 clusters are at different stages of implementation.

Officials said the initiative has contributed to infrastructure development, skill enhancement, value addition and improved market linkages for traditional artisans at the grassroots level.

The schemes are part of the government’s broader efforts to promote rural entrepreneurship, strengthen traditional industries and generate sustainable livelihoods for artisans across the country.

Education Ministry Holds Interactive Workshop with Union Territories in New Delhi

New Delhi: The Department of School Education and Literacy (DoSEL) under the Ministry of Education organised a one-day interactive workshop with representatives from Union Territories on March 13, 2026, at the Dr. Ambedkar International Centre in New Delhi.

The workshop brought together senior officials from the Ministry of Education, representatives from various ministries and departments, and officials from all Union Territories to deliberate on key administrative, financial and legal issues related to school education.

Secretary, DoSEL, Sanjay Kumar inaugurated the workshop and emphasised the importance of regular engagement with Union Territories to strengthen coordination and improve the implementation of education programmes. He highlighted the need to fill vacancies in teaching and non-teaching positions in a timely manner, strengthen academic institutions such as State Councils of Educational Research and Training (SCERTs), District Institutes of Education and Training (DIETs) and State Institutes of Education (SIEs), and ensure prompt responses to parliamentary matters and financial proposals.

Education Ministry Holds Interactive Workshop with Union Territories in New Delhi

 

Economic Advisor, DoSEL, A. Srija outlined the context of the workshop and noted that the platform would enable Union Territories to exchange ideas and address operational challenges in the education sector.

During the inaugural session, Additional Secretary, DoSEL, Dheeraj Sahu spoke about the importance of strengthening institutional capacity and improving administrative efficiency across Union Territories. Ajay Gupta, Joint Secretary in the Department of Legal Affairs, addressed key issues related to handling litigation and court cases.

Prachi Pandey, Joint Secretary, DoSEL, emphasised that all schools in the Union Territories should be affiliated with the Central Board of Secondary Education (CBSE). Bhupal Nanda, Principal Chief Controller of Accounts in the Ministry of Education, highlighted matters related to financial management and accounting systems.

The technical sessions covered several important topics including the implementation of Section 12(1)(c) of the Right of Children to Free and Compulsory Education Act, 2009, educational indicators and data reporting for evidence-based policy formulation, onboarding of Union Territories with legislatures onto the SNA-SPARSH platform, and strengthening digital financial management systems.

The sessions also highlighted the role of the Legal Information Management and Briefing System (LIMBS) in monitoring court cases and addressed procurement-related issues on the Government e-Marketplace (GeM) portal to improve transparency and efficiency in government procurement.

Representatives from Jammu and Kashmir, Ladakh, Puducherry, Andaman and Nicobar Islands, Chandigarh, Dadra and Nagar Haveli and Daman and Diu, Lakshadweep, and Delhi made presentations on issues including court cases, vacancies in teaching and non-teaching positions including special educators, vacancies in SCERTs, DIETs and SIEs, release of funds under Samagra Shiksha, submission of annual reports and audited accounts, parliamentary matters, and challenges faced while using the GeM portal.

The workshop concluded with an interactive discussion and a summary of key takeaways. The deliberations reaffirmed the commitment of the Ministry of Education and the Union Territories to strengthen coordination, enhance institutional capacity, and ensure effective implementation of school education initiatives to improve learning outcomes across the Union Territories.

Union Minister of Coal and Mines G. Kishan Reddy Inaugurates Key Projects, Reviews Operations at WCL

Union Minister of Coal and Mines G. Kishan Reddy Inaugurates Key Projects, Reviews Operations at WCL

Nagpur: Union Minister of Coal and Mines G. Kishan Reddy, currently on a two-day visit to Western Coalfields Limited (WCL), virtually inaugurated and laid the foundation stone for several infrastructure and development projects while reviewing the company’s operational performance.

During the programme on Friday, the Minister virtually flagged off 25 electric vehicles aimed at supporting cleaner and more efficient operations within the organisation. He also laid the foundation stones for three major projects: the Black Diamond Sports Stadium in the Kamptee area of Nagpur, the Swami Vivekananda Eco Park in Tadali in Wani area, and a First Mile Connectivity (FMC) Project at the Sasti Open Cast Mine in the Ballarpur area.

The projects are expected to strengthen regional infrastructure, promote environmental sustainability, and modernise coal mining operations.

Following the inauguration, the Union Minister conducted a detailed review meeting on WCL’s performance, focusing on coal production, safety measures, sustainable development initiatives, environmental protection, and upcoming projects.

Praising the work culture and performance of the organisation, Reddy commended Team WCL for its achievements and expressed confidence that the company would deliver even stronger results in the current financial year. He also discussed WCL’s role in the evolving landscape of the coal industry.

During the meeting, WCL Chairman-cum-Managing Director Harish Duhan presented a detailed overview of the company’s achievements during the financial year 2025–26.

Senior officials present at the meeting included Sanoj Kumar Jha, Additional Secretary in the Ministry of Coal, B. Sairam, Chairman of Coal India Limited, along with other senior officers from the Ministry of Coal, Coal India Limited, and WCL.

As part of his visit, the Union Minister will also inspect the ongoing mine closure process at the Murpar underground mine on March 14, 2026. He is scheduled to hold a meeting with the District Collector and members of the Mine Closure Advisory Committee (MCAC).

Representatives from WCL’s Mine Closure team, non-governmental organisations, consultants, and members of local villages are expected to participate in the meeting to discuss issues related to mine closure and rehabilitation.

IIIT Hyderabad Trust in Technology Takes Centre Stage at IIIT Hyderabad’s 25th R&D Showcase

Hyderabad, March 15: The 25th edition of the annual R&D Showcase of the International Institute of Information Technology Hyderabad began on Saturday at the institute’s Gachibowli campus. The two-day flagship event, which concludes on Sunday, has grown into one of the most anticipated research exhibitions, bringing together researchers, industry leaders, policymakers and students to explore advances in artificial intelligence, cybersecurity, algorithms, robotics and digital public infrastructure. 

IIIT Hyderabad Trust in Technology Takes Centre Stage at IIIT Hyderabad’s 25th R&D Showcase

 

The R&D Showcase is the institute’s major annual exhibition where faculty and students present their latest research projects, prototypes and innovations to academia, industry and the public. 

Themed “Trust in Technology – Security, Privacy and Transparency,” the event features over 400 research posters, demos and prototypes from 29 research centres, enabling visitors to interact directly with researchers and witness how fundamental research is translated into real-world applications. 

The programme included spotlight sessions by the Centre for Security, Theory and Algorithmic Research (CSTAR) and the Cyber Manthan Centre (CMC), an inaugural keynote by Shivkumar Kalyanaraman, CEO of the Anusandhan National Research Foundation (ANRF), and a panel discussion on “Building Trust in the Indian Cyberspace: Privacy, Security and Transparency in the Era of Emerging Technologies.” 

IIIT Hyderabad Trust in Technology Takes Centre Stage at IIIT Hyderabad’s 25th R&D Showcase

 

Delivering the keynote address, Dr Kalyanaraman said the ANRF serves as India’s primary organisation for funding and supporting research, similar to the National Science Foundation in the United States. Established under the Anusandhan National Research Foundation Act, 2023, it replaces the earlier Science and Engineering Research Board (SERB). 

He highlighted several funding opportunities for universities and colleges, noting that ANRF aims to strengthen India’s research ecosystem by supporting scientific and technological research across institutions. The foundation promotes collaboration between academia, industry and government, strengthens research culture in universities—particularly state universities—and supports high-impact research in fields such as artificial intelligence, space, healthcare, climate science and engineering. 

Dr Kalyanaraman also shared plans for several upcoming mission-mode programmes under the MAHA (Mission for Advancement in High-Impact Areas) framework, including MAHA Drones, MAHA G, MAHA Water, and MAHA Leapfrog Demonstrators for Social Innovation. These initiatives aim to address national challenges through collaborative research involving universities, industry and government laboratories, focusing on areas such as drone technologies, next-generation communication systems including 6G, sustainable water management and socially impactful innovations in healthcare, energy and education. 

Prof. Sandeep K. Shukla, Director of IIIT Hyderabad, said: “The R&D Showcase reflects the spirit of inquiry and innovation that drives IIIT Hyderabad. It is encouraging to see our researchers engaging with industry, policymakers and the wider public to translate research into meaningful societal impact.” 

Emphasising the theme of the event, he added: “Technology shouldn’t control us; instead, we should control technology.” 

A panel discussion on “Building Trust in the Indian Cyberspace: Privacy, Security and Transparency in the Era of Emerging Technologies” was moderated by Girish Varma of IIIT Hyderabad. 

The panellists included: P. R. Lakshmi Eswari, Centre Head, Centre for Development of Advanced Computing (C-DAC), Hyderabad; Krishna Sastry Pendyala, Partner – Cybersecurity, Ernst & Young; Deepak Kumar, Director, Institute for Development and Research in Banking Technology; M. V. Panduranga Rao, Centre for Cryptography and Cybersecurity, Indian Institute of Technology Hyderabad. 

The discussion highlighted critical concerns around cybersecurity and digital trust. Dr Lakshmi Eswari noted that security is often treated as a secondary priority during product design, rather than being integrated from the outset. Prof. Panduranga Rao pointed to a significant shortage of skilled cybersecurity professionals and emphasised the gap between academic curricula and industry requirements. 

Krishna Sastry Pendyala highlighted the scale of cybercrime in India, noting that financial losses from cyber threats run into tens of thousands of crores annually and that major breaches—such as the theft of hundreds of millions of medical records—raise serious concerns about data security and digital trust. The panel stressed the need for greater awareness, stronger cybersecurity frameworks, skilled manpower and a comprehensive national cybersecurity strategy. 

Alongside exhibits in AI, robotics, data science and cybersecurity, the showcase hosted industry–research confluence sessions on themes such as Cybersecurity and Privacy in the AI Era and AI for Theory and Theory for AI, a startup showcase and an industry roundtable on Agentic AI. 

One of the highlights of the exhibition is an autonomous self-driving wheelchair, designed to enhance mobility for persons with disabilities. Equipped with 3D LiDAR for environmental perception and powered by Jetson Orin running ROS2, the wheelchair enables intelligent navigation with minimal user input. Advanced path planning and obstacle-avoidance systems allow safe and efficient movement in diverse environments. 

Visitors also saw innovative robotics projects such as flapping-wing robots and spin drones, alongside architectural models demonstrating traditional earthquake-resilient housing systems such as Kath Kuni houses of Himachal Pradesh, Adobe houses of Rajasthan, and Ikra houses of Assam. 

These models illustrate how traditional Indian architecture used local materials and ingenious construction techniques to build earthquake-resilient homes long before modern engineering technologies existed. Kath Kuni houses, for example, use alternating layers of wood and stone that absorb seismic shocks; Adobe structures rely on thick mud-brick walls that distribute stress; and Ikra houses use flexible bamboo frameworks that sway during earthquakes rather than collapse. 

Sunday’s programme will feature Excitement of Research (ExOR), introducing visiting undergraduate students to research pathways, and a Faculty Futures Roundtable on research funding. The event will conclude with a patent felicitation ceremony at Research Street, recognising IIIT Hyderabad researchers for their innovation and intellectual property contributions. The institute has received over 70 patents. 

Now in its 25th year, the R&D Showcase has evolved into one of the institute’s flagship platforms for presenting cutting-edge research and fostering collaboration between academia, industry and government. 300 plus industries and students of several colleges are expected to visit and interact with students behind those research projects. 

Health Camp Organised for Swachh Karmis in Bhubaneswar Under NAARI Leads Swachhta Initiative

Bhubaneswar: A “Safai Mitra Surakhya Sibira” health camp for Swachh Karmis was organised in Bhubaneswar under the NAARI Leads Swachhta initiative, with a focus on promoting the health and wellbeing of sanitation workers.

Health Camp Organised for Swachh Karmis in Bhubaneswar Under NAARI Leads Swachhta Initiative

 

The camp was inaugurated by the Hon’ble Mayor in the presence of the Commissioner, Deputy Mayor, and local Corporator. The programme highlighted the commitment of the city administration towards supporting sanitation workers who play a crucial role in maintaining cleanliness and public health in the city.

During the camp, sanitation workers were provided with health check-ups and medical consultations. The initiative also aimed to raise awareness about preventive healthcare and occupational safety among Swachh Karmis.

Officials present at the event emphasised the importance of ensuring access to healthcare services for sanitation workers, acknowledging their vital contribution to keeping the city clean and hygienic.

The health camp formed part of ongoing efforts under the NAARI Leads Swachhta initiative to strengthen welfare measures for sanitation workers and recognise their role as frontline contributors to urban sanitation.

India’s Medical Devices Market Eyes $30 Billion by 2030: Opportunity, Policy Push and Global Interest

India’s medical devices industry is entering a period of rapid transformation. Long considered a small but essential part of the healthcare ecosystem, the sector is now drawing major policy attention and investor interest as the country works toward a projected $30 billion market by 2030.

Industry analysts say the growth will be driven by a combination of rising healthcare demand, government incentives for domestic manufacturing, and increasing adoption of advanced medical technologies.

A Market on a Strong Growth Path

India’s medical devices market is currently estimated at around $12–14 billion, but the sector has been expanding at a double-digit annual growth rate of roughly 15%. If this pace continues, the market could more than double within the next five years.

Several structural factors are supporting this expansion. India’s population of more than 1.4 billion is aging, lifestyle diseases such as diabetes and cardiovascular conditions are rising, and access to healthcare services is improving across smaller cities. Together, these trends are increasing the demand for diagnostic equipment, implants, consumables, and digital medical technologies.

Hospitals and diagnostic centers are also investing more heavily in modern equipment as healthcare infrastructure grows in both public and private sectors.

Government Push for Domestic Manufacturing

A major catalyst for growth has been the government’s push to reduce import dependence and strengthen local manufacturing.

India currently imports around 70–80% of its medical devices, particularly high-value products such as imaging equipment, implants, and advanced diagnostic systems. To address this gap, the government has introduced initiatives such as the Production Linked Incentive (PLI) scheme for medical devices, along with the creation of dedicated medical device parks in several states.

These measures aim to attract global manufacturers, encourage domestic production, and create a stronger supply chain ecosystem.

Policy support is also helping the industry move beyond low-value consumables toward more sophisticated products such as diagnostic imaging systems, surgical equipment, and high-precision implants.

Growing Investment and Global Partnerships

Global medical technology companies are increasingly looking at India as both a manufacturing hub and a major growth market.

International firms are expanding local production facilities and forming partnerships with Indian manufacturers to serve both domestic and export markets. At the same time, Indian startups are entering the field with innovations in digital health, AI-enabled diagnostics, and affordable medical technologies designed for emerging markets.

Venture capital investment in health technology has also accelerated, with investors backing companies developing portable diagnostic devices, wearable monitoring systems, and telemedicine platforms.

Opportunities in Tier-2 and Tier-3 Cities

While metropolitan hospitals have traditionally driven demand for advanced medical equipment, the next wave of growth is expected to come from Tier-2 and Tier-3 cities.

Healthcare infrastructure is expanding rapidly in these regions as private hospital chains and diagnostic networks move beyond major urban centers. Government health insurance programs and rising middle-class incomes are also increasing healthcare access.

As a result, demand for imaging equipment, point-of-care diagnostic devices, and affordable medical technologies is rising across smaller cities and semi-urban areas.

Challenges Remain

Despite strong growth prospects, the sector still faces several challenges.

Industry leaders often cite regulatory complexity, limited domestic component manufacturing, and price controls on certain medical devices as areas that need further policy clarity. High research and development costs also make it difficult for smaller companies to scale advanced technology production.

Supply chain constraints and reliance on imported components remain another concern for manufacturers aiming to build a fully integrated domestic ecosystem.

The Road to 2030

Even with these challenges, the long-term outlook for India’s medical devices sector remains optimistic.

If current growth momentum continues, analysts believe the industry could reach $30 billion by 2030, positioning India as one of the fastest-growing medical device markets in the world.

For policymakers, the sector offers an opportunity to strengthen healthcare infrastructure while building a globally competitive manufacturing base. For investors and technology companies, it represents a market where demand, innovation, and policy support are beginning to align.

The coming decade will determine whether India can turn this potential into a robust medical technology ecosystem that serves both domestic healthcare needs and global markets.

4th Digital Engineering Awards Celebrate Global Innovators, AI Trailblazers: Herald the Rise of Engineering Intelligence

Business Wire India

The Digital Engineering Awards concluded its fourth edition at Boston, Massachusetts on Thursday, honoring technology pioneers and organizations for their contributions to technology solutions and AI advancements. The gala night presented by L&T Technology Services (BSE: 540115, NSE: LTTS) along with ISG as the knowledge and research partner and CNBC-TV18 as the media partner, hosted both industry leaders and individual changemakers from 17 countries across North America, Europe, and the rest of the world.

 

A total of 258 nominations from leading organizations and engineering pioneers competed under Engineering The Change (Team) and Engineer At Heart (Individual) categories, covering twelve distinct award segments. Each category ranging from Physical AI Impact to Digital Engineering Project, Top Sustainability Initiative, and Women Engineer of the Year, were thoughtfully curated to honor and recognize the immense contribution of engineering and technology to the world. The winning organizations include NVIDIA, AWS, Etihad Rail, IKEA Retail (Ingka Group), Rockwell Automation, JLL, Shell, Philips, Fiserv, and The Estée Lauder Companies amongst others.

 

The awards jury panel, including Steve Hall, Prashant Kelker, Matteo Gallina, and Rajeev Chatrath, from ISG; Prof. Hossein Rahnama from MIT Media Lab; Pieter Schoehuijs, private equity advisor; and Vanessa Eriksson – Founder and Senior Advisor Vanessa Eriksson AB, evaluated the nominations based on four key criteria – innovation, unique value proposition, delivery precision, and tangible business impact. The 57 finalists also had an opportunity to tour the renowned MIT Media Lab and experience the latest innovations, first-hand.

 

Todd Lavieri, vice chairman and president, ISG Americas and Asia Pacific, remarked, “This year’s awards reflect the growing relevance of AI and digital engineering across industries, demonstrating how innovation and precision drive real business outcomes. The AI-focused categories showcased the industry’s commitment to harnessing AI and engineering excellence for overall growth. The success of the Digital Engineering Awards is a testament to the power of engineering in our era of rapidly evolving technologies.”

 

S. Shivakumar, CEO, News18 Studios shared, “The fourth edition of the Digital Engineering Awards continue to be a well-rounded initiative by scaling and adopting to the latest trends of the industry. We are inspired by the diversity and agility shown by this year’s participants, and it is gratifying that this collaboration offers a robust platform for industry leaders to share transformative stories and inspire others toward impactful solutions.”

 

“We are proud to celebrate the extraordinary innovation shaping our industry through the Digital Engineering Awards. This year’s entries reflected a powerful shift underway, as AI continues to evolve. Its convergence with Engineering Intelligence (EI) will be transformative, dramatically accelerating real-world impact across industries and everyday life. We are honored to be part of this unique innovation journey and remain steadfast in celebrating the organizations and individuals who are boldly engineering a smarter, more sustainable future,” added Amit Chadha, CEO & Managing Director of L&T Technology Services.

 

LIST of WINNERS

 

Engineering The Change (Teams Awards)

 

  1. Digital Transformation of the Year:

    • Champion

      1. Maharashtra Cyber (Maharashtra Cyber Security Project)

    • Challenger

      1. The Estée Lauder Companies (A Scalable, End-to-End Manufacturing, Packaging, and Engineering Agenda at The Estée Lauder Companies)

      2. Tenneco (Anti roll Bar Bracket Digital Twin)

    • Commendable

      1. AGCO (Driving Digital Transformation: AGCO Parts Shop B2B Initiative)

      2. Mondelez India (Connected Shopfloor Leaders: Empowering Autonomous Decision Making)

      3. Rockwell Automation (Simplifying Automation System Deployment with DeviceTools™)

 

  1. Digital Engineering Project/Program of the Year:

    • Champion

      1. Santos (Santos next-generation Integrated Production Model (IPM))

    • Challenger

      1. IOGP (Digital Hub for IOGP standardized parts and equipment (HIPE) specifications – Low Voltage Motor MVP)

      2. Kaynes Semiconductor (Digitally Engineering India’s Semiconductor Future)

    • Commendable

  1. Fiserv (API Hub: Engineering Scalable Digital Impact)

  2. McNeilus Companies (Model-Driven Digital Assembly: A Scalable Industry 4.0 Approach for Connected Manufacturing)

  3. Shell (NextGen IM – Integrated Digital and Information Management Program for Capital Projects and Assets)

 

  1. Engineering Product of the Year:

    • Champion

      1. Dubai Electricity and Water Authority, R&D Centre (OmniHub – IoT Terminal)

    • Challenger

      1. Epiroc (LinkOA)

      2. Komatsu (Komatsu WX04B – Battery-Electric LHD with Ground-Level Swap and Class-Leading Energy Density)

    • Commendable

      1. Marelli (Zone Control Unit (EliteZone platform))

      2. Navico Group (Simrad® AutoCaptain™ Autonomous Boating System)

      3. Vanderlande (SPOX – a revolutionary system that redefines parcel sortation)

 

  1. AI Impact of the Year:

    • Champion

      1. Partex.AI (Engineering AI That Delivers Measurable Enterprise Value – Partex.AI’s End-to-End Biomedical Intelligence Ecosystem)

    • Challenger

      1. Collins Aerospace (Leveraging Generative AI to Transform Avionics Development Processes)

      2. Syntonym (Scaling Vision AI with Privacy by Design)

    • Commendable

      1. AVEVA (AVEVA’s Industrial AI: Efficient Engineering, Connected to Lifecycle Performance)

      2. AWS (AWS Automated Reasoning Checks)

      3. Improzo (From Insight to Impact: Engineering Scalable AI for Life Sciences Outcomes)

 

  1. Physical AI Impact of the Year

    • Champion

      1. Etihad Rail (Track Inspection with Locomotive – TrackEI)

    • Challenger

      1. NVIDIA (Scaling Robotics and Autonomous Care in Healthcare)

      2. Philips: (Transcend Plus: AI-Driven Cardiovascular Ultrasound for Transforming Cardiac Care)

    • Commendable

      1. AMD: (Powering AI and HPC Performance Through MI Instinct DCGPU)

      2. Autodesk (Project Atom: AI for 3D Scan–Driven Construction Progress Intelligence)

      3. AutoStore (CarouselAI: AI Robotic Piece-Picking for Global Warehouse Fulfillment)

 

  1. Excellence in Value Realization:

    • Champion

      1. IKEA Retail (Ingka Group) (INGKA Group’s Process Intelligence & Intelligent Automation Department: Engineering Value at Enterprise Scale)

    • Challenger

      1. LivaNova (Essenz Affordability Initiative: Improving Access to Cardiopulmonary Care Worldwide Essenz)

      2. Sephora (Engineering the Next Generation of Scalable, Reliable, and Intelligent Retail Systems)

    • Commendable

      1. Clear Correct (Redefining Value in Dental Care with Digital Engineering)

      2. Interac Corp. (Customizable and future-ready verification solution – Interac Verified™ credential service)

      3. Tele2 (Intelligent Automation at Tele2)

 

 

  1. Top Sustainability Initiative:

    • Champion

      1. HPE Professional Services Delivery (HPE Adaptive Green AI: Reducing AI’s Environmental Footprint)

    • Challenger

      1. Delta Flight Products (DFP) (Aircraft Water Volume Monitoring)

      2. Stanley Black & Decker (DEWALT Batteries Sustainable Packaging)

    • Commendable

      1. Dow Inc. (Formulation-Level PCF Calculator for Coatings: Empowering Data-Driven Sustainability)

      2. Honeywell (Honeywell EMS & Ionic™ BESS: Accelerating Sustainable Energy Transformation for Island Communities)

      3. Vestas (VESTAS R&D – Component Net Weight Corrections in PLM Operations –Enhancing Sustainability Accuracy through AI)

 

Engineer At Heart (Individual Awards)

 

  1. The Distinguished Digital Engineering Leader

  • Frank van Dijck, Vanderlande

  • Keisuke Suzuki, Japan Lifeline (JLL)

  • Prahlad Venkatapuram, Meta

 

  1. The Digital Engineer of the Year:

  • Beena Anand, Intel

  • Jonathan DeRocher, Dow Inc.

  • Pankaj Goel, ExxonMobil

 

  1. The Woman Engineer of the Year:

  • Dr. Marry Gunaratnam, Northern Credit Union

  • Jyotika Athavale, Waymo

  • Madina Doup, Shell

 

  1. The Innovator of the Year:

  • Batuhan Özcan, Syntonym

  • Dr. Rahmat Agung Susantyoko, Dubai Electricity and Water Authority, R&D Centre

  • Gaurav Tripathi, Partex.AI

 

  1. AI Trailblazer of the Year:

  • Abhishek Trigunait, Improzo

  • Deepika Manglani, Los Angeles Times

  • Hari K. Kapparapu, Alcon