Archives 2024

25th Annual C D Deshmukh Memorial Seminar:”The 2047 Clarion Call: Insurance for All”

The National Insurance Academy (NIA) in Pune is proud to announce the 25th Annual C D Deshmukh Memorial Seminar, scheduled for January 16, 2024, at the NIA campus in Balewadi, Baner Road, Pune.

The event aims to commemorate the legendary Sir C. D. Deshmukh, a prominent figure in the domains of insurance and finance in India. The seminar will address the theme “The 2047 Clarion Call: Insurance for All” in alignment with the ‘Azaadi ka Amrit Mahotsav’ spirit and the mission taken by the Insurance Regulator.

The Silver Jubilee Seminar will delve into the evolving landscape of the insurance industry, with a focus on making insurance accessible to all. Keynote speaker Shri Siddharta Mohanty, Chairperson LIC of India, will share insights during the event. Eminent personalities from IRDAI, public and private insurance companies and personalities from PFRDA will also contribute to the discussions.

Dr. Tarun Agarwal, Director, National Insurance Academy expressed enthusiasm for the upcoming seminar. He stated, “The C D Deshmukh Memorial Seminar has been a cornerstone in promoting knowledge and innovation in the insurance sector. This year’s theme aligns with our commitment to fostering discussions that shape the future of insurance in India.”

The daylong event will have a Plenary Session on the Seminar Theme and the following three Panel Discussions

· Technological Integration for Life Insurance Penetration

· Insurance Issues and Opportunities in Silver Economy

· Innovative Disruption for Customer Engagement

National Insurance Academy (NIA), Pune: A Brief Overview

Established in 1980 by leading Public Sector Insurance Companies – LIC of India, GIC of India, New India Assurance, United India Insurance, National Insurance, and Oriental Insurance – NIA operates under the Ministry of Finance, Government of India.

NIA has been a key player in shaping knowledge in Insurance, Pension, and allied areas. Training over 8000 executives annually, it conducts several Management Development Programmes. The academy also offers a Post Graduate Diploma in Management (PGDM) emphasizing Risk Management and Insurance Coverage. Its close ties with the Insurance Industry provide real-life references for Training, Education, Research, and Consultancy Services. Over 1000 alumni globally holding key industry positions reflect NIA’s impact on producing future leaders.

NIA is like a hub for learning insurance. It’s been around for more than 4 decades, helping people understand the ins and outs of the insurance world. More than just books, NIA focuses on creating smart and practical professionals ready for the challenges of the insurance field. Over the years, NIA has become a trusted guide, making sure everyone is well-prepared for the exciting journey in the world of insurance.

TalentSprint announces the launch of the 6th cohort of its Women Engineers Program

TalentSprint announces

Hyderabad,16th January 2024: TalentSprint, a global edtech company and market leader in offering transformational deep-tech programs, is making significant progress to democratize access to quality education and premium career opportunities with leading tech companies. To create a level playing field in the tech landscape and align with their core philosophy of catalyzing DEI missions of global corporations, TalentSprint has announced the launch of the sixth cohort of its Women Engineers (WE) program, supported by Google. The 6th cohort will offer 200 seats to first-year women engineering students from different strata of socio economic backgrounds across the country. The program entails a 100% scholarship that covers the program fee, and an additional rewarding cash scholarship of Rs. 100,000.

The Women Engineers Program has been encouraging and supporting women pursuing careers in engineering, a field where gender diversity is traditionally underrepresented. By providing financial assistance and unique opportunities, the program seeks to empower aspiring and deserving women engineers to achieve their academic and professional goals. Beyond financial support, selected students will gain access to a range of benefits, including mentorship programs with Google engineers, boot camps, access to networking events, and potential career opportunities to help young women engineers build a strong foundation for their future tech careers.

Google has been a part of the WE program since its inception. This is seamlessly aligned with its mission to empower, enable, and involve women in all facets of technology through targeted initiatives. The WE program is one such initiative that offers a transformative opportunity for young women students who aspire for highly impactful and rewarding tech careers.

Commenting on the announcement Shiv Venkataraman, VP/GM, Google said “An inclusive and representative technology ecosystem is now more important than ever before, as the experiences of people across the world are increasingly influenced by its innovations and advancements. We are pleased to support TalentSprint for Women Engineers Program as it addresses this industry-wide imperative, in the process bridging the gender gap while also ensuring that diversity of experiences and viewpoints shape the future of technology. We look forward to the change this next generation of engineers and leaders will bring, unleashing their potential to solve for a brighter and better future for everyone.”

Dr. Santanu Paul, Founding CEO and MD of TalentSprint, said, “At TalentSprint we believe in the transformative power of education and the Women Engineers Program affirms our commitment to breaking down barriers. Our goal is to help aspiring women engineers succeed by providing necessary resources and opportunities. In the fast-paced world of technology and innovation, we are shaping a future which will be gender neutral and no longer a barrier but a source of strength. We are excited to expand our collaboration with Google and continue to bridge the gender gap in the tech industry. The WE program is a testament to true democratization of education and signaling the end of an era in which pedigreed college education entitled students to a lifetime of privileges.”

In its five previous cohorts, the program has positively impacted over 950 students selected from over 100,000 applicants. The program today has a self-sustaining community of women engineers who have launched premium careers with top global multinationals across the globe. Mentored by TalentSprint and Google alike, these students have also participated in global hackathons, and pursued internships with top tech organizations and master’s programs at top universities.

The last date to apply for Cohort 6 is January 18th, 2024. For more information about the program, visit the website: we.talentsprint.com

Commonwealth Secretary-General Patricia Scotland honoured with inaugural Heartfulness Changemaker Award

Commonwealth Secretary

Hyderabad, India – 16th January 2024: Guide of Heartfulness and President of Shri Ram Chandra Mission, Rev. Daaji, presented the inaugural Heartfulness Changemaker Award to the Rt. Hon. Patricia Scotland KC, Commonwealth Secretary-General. The award was presented during her three-day visit to Kanha Shanti Vanam, the world headquarters of Heartfulness, a first for a Commonwealth Secretary-General and for a major United Kingdom-based public service figure.

The Heartfulness Changemaker Award is presented to an individual who has exemplified a commitment to service through compassionate action in their areas of work and is dedicated to promoting a more unified and heartful global community.

“We are delighted to have the Commonwealth Secretary-General, Patricia Scotland, visit us in Kanha Shanti Vanam, and to award her with the Heartfulness Changemaker Award,” said Daaji – Global Guide of Heartfulness and President of Shri Ram Chandra Mission. “In her years of service, she has gone above and beyond to support youth across the globe, which is what we hope to achieve through our own Heartfulness initiatives. I am happy to begin this partnership with Secretary-General Scotland and the Commonwealth through the Heartfulness Essay Event, which is focused on compassionate action. I am certain that this is only the beginning of the many great things we will all achieve by working together.”

Secretary-General Scotland’s visit coincided with the launch of Youth Unite, a Heartfulness initiative committed to bringing together young people to enable meaningful connections and exchange of ideas, and encourage open-mindedness through the sharing of diverse and unique perspectives. Heartfulness has presence in over 500 universities and colleges across India; Youth Unite endeavours to bring those impacted youth together, to provide them with mentorship support, to find opportunities to bring youth of all ages together, and to support every young person on their path to personal and professional excellence. Youth Unite’s L.I.G.H.T. component, Lead through Inner Guidance Using Heartfulness Techniques, is committed to supporting the holistic development of youth through emotional, mental, physical, and spiritual growth.

Over 150,000 youth from across 50 countries in three continents have registered to join this network for a period of one year. Hundreds of Heartfulness volunteers had worked tirelessly to achieve these numbers. While the official launch event with over 14,000 attendees happened in Kanha Shanti Vanam, virtual and in-person events took place at Heartfulness centres, known as HeartSpots, across India.

The Commonwealth Secretariat supports member countries to build democratic and inclusive institutions, strengthen governance and promote justice and human rights. Their work helps to grow economies and boost trade, deliver national resilience, empower young people, and address threats such as climate change, debt and inequality.

The Commonwealth Secretariat designated 2023 as the Year of Youth and has continued this focus into 2024, until the hosting of the Commonwealth Heads of Government Meeting in Samoa. For over 50 years, the Commonwealth Youth Programme has worked to energise, engage, empower, and encourage youth in the 56 Commonwealth countries.

The Commonwealth Secretary-General Rt. Hon. Patricia Scotland KC, said, “Young people are at the very heart of the Commonwealth Charter. Centering their needs, hopes and dreams is critical as not only do they represent the future, but they are important and life-changing work starts right now. I will gratefully accept this award in recognition of all that we do for young people, and I pledge that we will continue to amplify their work, raise their concerns and to ensure that their views are heard. I am also grateful for this partnership which will help us to support more young people across the Commonwealth.”

She added with reference to Daaji “Daaji is the guiding force behind Heartfulness. He embodies vision, compassion and unwavering commitment to spiritual upliftment of humanity. He has touched the lives of countless people across the globe.”

Speaking about Swami Vivekananda’s teachings she said, “Swami Vivekananda’s teachings continue to resonate as loudly today as they ever have. His call for fearlessness, strength, pursuit of knowledge echoes through the ages; and his vision of youth as vanguard of change inspires the commonwealth to place our trust in young people to build a compassionate, understanding, prosperous and equitable world we all want to see.”

“The year of the youth is vital because of the values which guide us. The future success of the commonwealth rests with the engagement creativity and the genius of our 1.5 billion young people. As to humanity’s collective prospects for advancing sustainable development, equality and democracy, understanding tolerance and peace. Again and again commonwealth leaders have committed to promote youth development though youth employment and entrepreneurship. This spirit and commitment at the heart of the youth and is the flagship efforts to recognise and recelebrate the young people of the commonwealth family bring it to life.

Everything you do here embodies our shared vision, inclusive of quality education as a fundamental right and a powerful tool for powerful human development and the realisation of everybody’s potential. Good education does not simply mean academics – it develops and instils essential values – of tolerance, respect, solidarity, and inclusivity and global citizenship. These values are essential guides in today’s world and they underpin our commonwealth. The Commonwealth’s limitless potential to be a force for good in the world demands our highest ambition. It gives us strength and confidence at a time when the world feels uncertain. And this unity gives us power in a world faced with serious challenges of poverty, economic strife, and hunger. The commonwealth stands together and shines as a beacon in the international community. It is the Commonwealth of 2024 which is committed at serving you and which you will lead into the future. This is a pivotal and blessed moment. The dramatic shifts are shaping our inheritance. This is your time. You have the will, the skill to stand with us. I know you have been taught well. We are more than equal in the challenges we face and we rely on your courage and thirst for progress.

I am grateful that Heartfulness has joined hands with governments and institutions to celebrate our year of the youth. There is a shift in the collective mindset recognizing that young people are agents of change; and leaders of today and tomorrow. Energy, creativity, and determination are the driving forces behind our collective forces. The dreams aspirations, and of young people have the power to transform a country and the world. The youth connect programme equips connects university students with essential life skills to transition successfully through each phase of their personal and professional careers.”

Rev. Daaji – Guide of Heartfulness and President of Shri Ram Chandra Mission said, “What strikes me the most today is all about unity. That cannot happen unless and until there is harmony. Harmony is not possible without contemplative mind and peace. Peace is the product of contemplative mind which is a product of focused mind. A focused mind is a product of meditative mind. And hence we highly recommend meditation to have a contemplative mind, become more harmonious and bring peace within yourself and transform yourself at individual level. Spirituality is all about looking at yourself. We are the makers of our own destiny. We cannot blame anyone else including God. Let’s make this planet heavenly place in such a way that people stop craving for other heavens after death. We have to work together for harmony and love which are products of meditative minds. If half a dozen terrorists can create the ruckus in the world, imagine what these 1.5 billion youth of the commonwealth can do to make it a heaven. We need support. H.E. Hon’ble Secretary General of Commonwealth Patricia Scotland has promised to open doors that will be conducive for them to express their talents, interests and will so that the world can be transformed. Let us begin the journey from our hearts. To sum up what Swami Vivekananda said that the purpose of life is very simple – it’s all about consciousness.”

Tony Nader – Leader, of Transcendental Meditation, said, “Daaji’s great vision is a reflection of this land and as well-wisher of humanity. On this occasion of Vivekananda’s birthday – also the birthday Maharshi Yogi’s birthday, Daaji has given us the wisdom of interfaith unity which is an acknowledgement and knowledge that reality is all based on a field of being that transcends all surface values. When we look at the outer world, our senses show us physical elements and we study their scientific basis but science doesn’t know the composition of these elements. When the scientists went deeper, they came across a Quantum level of reality wherein Quantum field theory has gone even deeper in Unified Field theory. The entire universe and expression come from one field which s a mathematical reality and is transcendental to physical energy which is abstract.

Many great scientists in the beginning of the last century began to understand it as a field of consciousness. Vedanta talks about this field – that manifests into different aspects of reality. Our human consciousness is not secondary but primary manifestation which appears in different layers of existence. Consciousness is all there is. At different expressions from the simplest level of expression and growing into higher consciousness of plants. We see this so beautifully at Kanha Shanti Vanam through the loving care of Daaji where plants are alive and have their own consequences. The field of consciousness is all-encompassing as told by Vivekananda / Maharishi Yogi as the ultimate reality and unbounded field.

If reality is not a material physical thing, then the answer to the problem is in what reality is. That’s the beauty of the physical aspect. This great land of Bharat offers to the world solutions from the true field of life rather than the imaginary surface life. It is the aspect of consciousness itself. They are like the waves in the ocean – wherein you have a limited ability to recognise the different waves. They look different but part of the same ocean.

Daaji likes to go beyond that consciousness to the shunya value – the nothingness as the basis out of somethingness comes and that is a wonderful transcendental dimension. We are together as the waves of the ocean. Differences are not a threat to unity – it goes to where our consciousness goes – does our focus go to the difference or does it acknowledge the field? Does the tree fight with its branches or take nourishment and become a fully-blossoming tree? We promote unity with differences which is as interesting as having flowers of different colours in the same garden.

We have to work on the field to make it safe. Then we have to nourish and plant the right fields. Enjoy the surface values as they appear to feel truly nourished. Life is lived on the level of consciousness.”

The goals of the Commonwealth and its commitment to service align deeply with that of Swami Vivekananda, a monk and philosopher dedicated to a life of quiet service to humanity and who has deeply influenced the values of faithfulness.

On the birth anniversary of Swami Vivekananda, which is also recognized as National Youth Day in India, Heartfulness Institute recognized the Commonwealth’s support of young people by honouring its current leader, Secretary-General Patricia Scotland, for her commitment to a life of service and her dedication to the success of youth.

Secretary-General Scotland also helped launch the annual Heartfulness Essay Event, now presented in collaboration with the Commonwealth Secretariat. This year’s theme is Compassionate Action: Creating a More Unified Humanity. The essay event is open to youth ages 14-25.

Additionally, 12 January also marked the India launch of Daaji’s bestselling book, Spiritual Anatomy, which was released in the United States in October 2023.

Heartfulness was founded as Shri Ram Chandra Mission in 1945 by Shri Ram Chandra of Shahjahanpur, also known as Babuji. With over 78 years of commitment to free meditation resources for its practitioners, Heartfulness now has over 5 million meditators and over 16,000 trainers in 160 countries. In April 2024, Heartfulness will celebrate the 125th birth anniversary of Babuji with planned events around the globe, including large meditation gatherings in Kanha Shanti Vanam, hosting an astounding 125,000 attendees; an International Music Festival at Kanha Shanti Vanam; a Yoga Exhibition at UNESCO HQ in Paris, and more.

In December 2023, India’s Prime Minister, Shri Narendra Modi, visited Kanha Shanti Vanam to launch the 125th birth anniversary celebrations of Babuji Maharaj in 2024. The current Global Guide of Heartfulness, Daaji, was awarded the Padma Bhushan in February 2023.

Google selects Medical Dialogues Among Top 10 Media Organisations for GNI Startups Lab 2nd Cohort

New Delhi: Tech Giant Google recently unveiled the second cohort of the Google News Initiative (GNI) Startups Lab, a 12-week catalyst program that aims to help the next generation of independent, news startups in India. Medical Dialogues, a leading health and medical news portal in India has been selected as one of the 10 startups participating in the program.

GNI Startups Lab is a 12-week catalyst program created in collaboration with Anymind Group and T-hub. The program aims to help the next generation of independent Indian news startups achieve financial and operational sustainability. The GNI Startups Lab India supports high-quality reporting for local communities, niche audiences and/or previously underserved communities across India.

Medical Dialogues is a medical news portal created to provide accurate, updated and timely information to medical and healthcare professionals and other stakeholders of healthcare. Aimed at promoting Medical journalism in India, Medical Dialogues is a unique platform for consolidated news in the healthcare sector, including Medical News, Health News, Pharma & Healthcare Industry News, News related to latest medical technology and much more.

GNI

Chosen out of over 110 applicants from across India, Medical Dialogues is a part of ten news startups that cover an array of types of journalism, including investigative, political, medical, youth, climate, and local news organizations and give a voice to underrepresented communities.

The other news startups apart from Medical Dialogues who have been included in the program include The Mooknayak, Queerbeat, SouthLive, Democratic Charkha, Feminism In India, Ground Report, Pratidhvani, Telugupost, and Truescoop.

Meghna A Singhania, Founder and Editor in Chief, Medical Dialogues, said, “ We are thrilled to embark on a transformative journey through the GNI Startup Lab, contributing to the evolution of medical journalism in India. We hope that this will help us to take the concept of Medical Journalism in India & Asia regions to the next level and fight the growing menace of medical misinformation in the country.”

Dr Prem Aggarwal, Co-founder and Chairman of Medical Dialogues, added, “We are honoured to be recognized by Google as one of the top 10 Media Startups under GNI Startups Lab. This recognition motivates us to continue our mission of delivering high-quality medical & healthcare news and insights and inspires us to continue our journey of providing impactful medical and healthcare journalism”.

Indian Diaspora Global Advocates for Keep The Door Open Campaign: Seeks Dual Citizenship for the Global Indian Diaspora

New Delhi, January 14, 2024 – Indian Diaspora Global, a collective of Indian-origin individuals from diverse backgrounds, has launched the “Keep The Door Open” campaign, advocating for dual citizenship for the Indian Diaspora worldwide. The campaign aims to address the challenges faced by Indian migrants who, due to current regulations, have to relinquish their Indian citizenship when acquiring citizenship in another country.

To delve into the legal, constitutional, social, cultural, economic, and legislative aspects of dual citizenship in India, Indian Diaspora Global is organizing a consultation conference. This conference will take place at the Constitutional Club of India on January 16, 2023, starting at 3 pm.

WhatsApp Image 2024-01-14 at 9.00.41 PM

Melwyn Williams, Founder and Chairman, Indian Diaspora Global, expressed his views on the issue, ” Going in search of a better prospect is not a crime to be punished for. Like a mother waiting for her children to come back anytime they choose to, Bharat Mata is waiting for her children to come back to her.

India is losing hugely on its economy and assets. The homes are literally getting empty. This could be a probable solution for addressing the brain drain. We endeavour to connect Indian origins to their roots as we seek dual citizenship in India for the Indian Diaspora.”

The consultation conference will provide a platform for discussions on the lawmakers’ perspective concerning dual citizenship, inviting support from Indian lawmakers, diplomats, eminent personalities, social workers, and the media. The event will shed light on the global trend of allowing dual citizenship, emphasizing the positive impact it can have on the economic, educational, and cultural well-being of individuals.

Notably, many countries like the US, UK, Canada, and Australia permit dual citizenship, fostering increased business success and global mobility. Indian Diaspora Global believes that granting dual citizenship in India could be a solution to the “brain drain” the country faces, bringing Indian citizens closer to the global community.

Event Details:

Title: Keep The Door Open – Dual Citizenship Consultation Conference
Date: January 16, 2023
Time: 3:00 pm
Venue: Constitutional Club of India, New Delhi

Indian Diaspora Global invites participation from individuals, lawmakers, diplomats, and media representatives to engage in constructive dialogue, fostering understanding and support for the campaign.

BHARATEEYAM, an opera involving all the 300 students was performed to convey message Politicians should be like Rama

Hyderabad, January 14, 2024…. 27th Hemanth Utsav of Abhyasa Intl Residential School held at Shilpakala Vedika at Madhapur on Saturday. To mark the occasion and celebrate the same, a mega opera, “BHARATEEYA DNA”, an opera by a massive 300 students on a single stage held.

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BHARAT stands for B-Blooming, H-Happiness, A-Abundant, R-Righteousness and T-Togetherness. DNA is the strength of Bharatiya. Where D stands for Dharma, N stands for Neeti and A is adhyatama.

The opera was organised in the backdrop of the Ram Temple Consecration in Ayodhya later this month, conveying a powerful message that one should become a RAMA casting their vote for the deserving person to have a righteous leader. It said our politicians shoudl be like Lord Rama.

300 students inspired the packed hall full of people with the righteous values of RAMA and DHARMA in their performance.

BHARATEEYAM_an opera involving all the 300 students was performed to convey message Politicians should be like Rama--pic 01

Man’s capacity for justice makes democracy possible, but man’s inclination to injustice makes democracy necessary said Karl Paul Reinhold Niebuhr. India’s situation is somewhat similar if you observe keenly. Democracy is in danger, People use money, power and manipulation. It’s not one righteous king ruled.

Everyone has to take up the responsibility of RAMA and it’s not one RAMA one should become a RAMA casting their vote to the deserving person to have a righteous leader. only then can we achieve the Ramrajya of our dreams becoming a reality? Later do not complain that this is not good and nothing is according to the dharma. Our country is in our hands, instead of complaining do the duty of being right.

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“Peace cannot exist without justice, justice cannot exist without fairness, fairness cannot exist without development, development cannot exist without democracy, and democracy cannot exist without respect for the identity and worth of cultures and people”

The Opera was performed in front of 2000 parents, and guests. Other cultural programs were also held as part of the Hemanth Utsav 2024.

Abhyasa International School is known for Mega Theatre shows. Hemanth Utsav is held every year in January …to enable students to hone their artistic talents in the fields of dance, drama and music based on a contemporary theme that is of topical interest to society

Tollywood Film Star was guest of honour and gave away awards and medals to toppers

On the occasion Mr Vinayaka Kalleetla, CEO & Founder of Abhyasa International Residential School said Abhyasa is a Gurukul with traditional values and modern education. We believe in ethos perfection through practice. He highlighted the achievements of students in various activities.

­­”Transmit” An Exhibition of Paintings and Installations by renowned Artist Anant Nikam

 

“Transmit”, an exhibition by Anant Nikam, is being presented at the Nine Fish Art Gallery and Dot Line Space Art Foundation, Byculla, Mumbai. The exhibition runs from January 12th to February 10th, 2024, welcoming visitors between 10:30 a.m. to 7:30 p.m.

Curated by Gourmoni Das, the exhibition is a unique glimpse into the artist’s studio, revealing the fascinating interplay between art and inspiration. Das, as a curator, finds particular intrigue in exploring the studios of artists and understanding how these spaces shape the creation of their works.

“Transmit,” features a captivating collection of paintings and installations by the esteemed artist Anant Nikam. This exhibition invites visitors into a serene space of tranquility and contemplation, providing an opportunity to reflect upon the beauty and complexity of the world around us, even amidst turbulent times.

Anant Nikam's

Anant Nikam’s artistic journey, spanning a lifetime, has been dedicated to the pursuit of tranquility at the borders of imagination and abstraction. Through the medium of printmaking, particularly lino etching, Nikam has explored textural surfaces, developing a unique visual vocabulary inspired by signs and symbols rooted in folk and tribal traditions. The result is a vibrant and deeply meaningful tapestry that bridges the vast gap between our rural and proto-historical past and our intricate present, seamlessly blending archaic symbols into avant-garde urban forms of abstract representation.

Anant Nikam is a renowned artist with extensive participation in national art events, including international exhibitions like the Scottish Academy of Asian Art show in Glasgow, he has received notable awards such as Honorable Mentions at the Maharashtra State Art Exhibition and Lalit Kala Academy’s 34th National Exhibition of Art. Having served as a faculty member at Sir JJ School of Art from 1986 to 2020.

Dr. Anurag Kanoria, Director, Nine Fish Art Gallery, said, “We are delighted to present “Transmit,” a captivating exhibition by the esteemed artist Anant Nikam. At Nine Fish Art Gallery, our mission has always been to provide a platform for artists who push the boundaries of creativity and offer our audience a unique and enriching art experience.”

Join us at the Nine Fish Art Gallery and Dot Line Space Art Foundation for “Transmit”, it’s not just an exhibition; it’s an exploration of the intersection between tradition and modernity, a visual symphony that speaks to the soul.

Website: https://www.ninefish.in/

Address: Nine Fish Art Gallery I Dot Line Space, The New Great Eastern Mills, Salsette- 27, 25-29 Dr. Ambedkar Road, Inside Salsette 27 Compound, Near Rani Baug, Byculla East, Mumbai 400027.

Three-quarters of all intercity bus passengers traveled between 6pm & 12am in 2023: redBus report

13th January 2024 redBus, the world’s largest online bus ticketing platform, unveils an enthralling chronicle of the intercity bus travel landscape, marking the culmination of an eventful 2023. A sequel to the post-Covid economic revival, this year witnessed not only the resurgence but a profound metamorphosis in the intercity bus industry, spotlighting its adaptability and robustness. A staggering 6 crore bus tickets were booked in the first 9 months, and on average more than 50,000 buses were available on the redBus platform per day, in 2023. All calculations are as per data on the redBus platform for the calendar year 2023.

Connecting India

The intercity bus network unfurled its reach, connecting close to 10,000 unique cities, towns, and villages across 4.2 lakh unique routes. In fact, 20,000 new routes were booked on redBus in 2023. Indians traveled 4.1 crore km every day, with an average of 207 km on a single trip. Some of the longest bus journeys undertaken were from Gorakhpur to Goa which stretches over 2000 km & 60 hours & Satara to Lucknow, which covered similar time and distance. This deep penetration showcases the industry’s commitment to reaching every nook and cranny of the nation.

Online bus booking surges in smaller towns

Building on an existing trend, online ticket bookings continued to gain traction in non-metro and smaller towns – accounting for little more than half (53%) of bus bookings. Tier 4 towns accounted for more than a quarter of bus ticket bookings (26%); similarly, Tier 2 & 3 towns together also accounted for more than a quarter of bookings (27%). In 2023, 6 lakh+ travelers from Tier 2 & 3 cities made their maiden online intercity bus bookings through redBus. States like Madhya Pradesh, Uttar Pradesh, Haryana, Uttarakhand, Rajasthan, Himachal Pradesh Assam & Chhattisgarh witnessed the highest surge in demand for intercity bus travel bookings from Tier 3 towns, reinforcing the convenience of online booking.

Sustainable travel is gaining a foothold

Interest in electric buses as a serious and viable business really took off in 2023. In 2023, a larger fleet of EVs was deployed for the first time, covering 600+ routes across India and there were 400+ services per day. In particular, EVs are doing very well on shorter routes, given that they are better suited for them. For instance, routes such as Delhi – Haridwar – Rishikesh, Bangalore-Tirupati, and Hyderabad – Vijayawada, witnessed high growth in the contribution to ticket sales from EV buses. Delhi – Chandigarh and Delhi – Agra routes witnessed a 150% growth compared to the previous year, on the back of EV bus additions. As consumers become more environmentally conscious & with supportive policies, this trend will continue to grow strong.

Early morning journeys and AC buses dominate

The preference for late-night journeys continues, with 76% of travelers opting for buses between 6pm and midnight. The second most preferred time slot was noon to 5 pm, with 13% of all travel occurring during this time. Additionally, the popularity of AC buses remained high, constituting an impressive 63% of all intercity bus bookings on redBus when compared to last year’s 60%. This marks a continued increase from the 2022 figures, highlighting the sustained demand for a comfortable travel experience.

What were the big travel occasions?

3.6 lakh+ + people traveled on November 10 – the highest number of people to travel by bus on a single day, in 2023. 3.55 lakh + people traveled on December 23 & 3.5 lakh people traveled on December 22, making these the second and third highest number of people traveling in a day. Interestingly however, while both these occasions correspond to festive periods (Diwali & Christmas-Yearend), the 4th highest number of people traveling by bus on a single day was recorded on October 2, possibly corresponding to the long weekend.

Pilgrimage and tourist destinations thrive-

There is a spectacular increase in the number of seats booked to religious destinations. Tirupati and Shirdi take the top positions as the most visited pilgrimage destinations in 2023, followed by Nashik & Ujjain (Mahakaleshwar). Not surprisingly, Goa topped as the leisure destination of choice, with Pondicherry, Manali, and Siliguri following it. The diverse travel preferences showcased the broad appeal of bus travel for both religious and leisure purposes.

Anticipating the Uncharted

As redBus bids adieu to 2023, the platform stands on the cusp of innovation and anticipates a 2024 defined by unparalleled inclusivity & sustainability. Some of the larger travel trends expected in 2024 are:

· In the fast-approaching landscape of 2024, the intercity bus sector is poised to witness a notable surge in sustainable travel practices. An increasing number of bus operators, both state transport corporations and private entities, are embracing environmentally friendly initiatives. This includes a significant uptick in the onboarding of electric buses, marking a pivotal step towards a greener and more eco-conscious intercity travel experience.

· As travel norms continue to evolve, the bus travel industry will witness a pronounced shift towards seamless and contactless experiences in 2024. Passengers can expect an enhanced focus on technology-driven features, ensuring a frictionless journey from booking to boarding.

· There will be an increase in pilgrimage-focussed travel in 2024, given the initiatives to improve infrastructure for such destinations across the country. While pilgrimage tourism is already on the upswing, it may continue to witness growth across the country through 2024.

· In the unfolding narrative of 2024, the bus travel sector will witness a traveller’s quest for undiscovered destinations. Anticipating this trend, a surge in interest towards offbeat and culturally rich locales is bound to happen. Collaborating with local communities and operators, redBus aims to expand its offerings to include a diverse array of unique destinations, providing passengers with an immersive and enriching travel experience.

The West Bengal Garment Manufacturers and Dealers Association’s 55th Garment Buyers & Sellers Meet held at Eco Park Fairgrounds, Kolkata

The West Bengal Garment Manufacturers

Kolkata, 13th January 2024: The West Bengal Garment Manufacturers and Dealers Association’s 55th Garment Buyers & Sellers Meet, organized over three days (8th 9th & 10th January 2024) held at Eco Park Fairgrounds, Kolkata. At this landmark event, approx 900 National and International brands participated. This Exhibition is the oldest one in this region and has been very successful once again like always. The Meet Here registered 2100+ visitors from all around the country and abroad and had an approximate Rs. 850 Crore business transaction at the wholesale deals. The visitors have shown appreciation for the decor and ambiance and the hospitality offered by the Association.

On this occasion, Sri. Hari Kishan Rathi, President of West Bengal Garment Manufacturers & Dealers Association stated, “This industry already has one of the biggest workforces (over 50 lac employees employed in direct or indirect capacity). An approximated Rs. 850 Crore business transaction where 900 National and International brands participated. This Meet has proven itself time and again to boost the Readymade Garment Industry in Bengal. We highly appreciate the efforts of the government for the textile industry and the ready-made garments to promote clothing business and marketing.” Mr. Rathi also expressed his gratitude and appreciation to the team of Executive Committee, The Sponsors and the participants who have made this event a grand success.”

The other Key Committee members who were present at West Bengal Garment Manufacturers & Dealers Association were: Sri Vijay Kariwala, Sr. Vice President; Sri Pradeep Murarka, Vice President; Sri Devendra Baid, Hony. Secretary; Sri Kanhiyalal Lakhotia, Treasurer, Sri Prem Kumar Sinhal, Jt. Treasurer, Sri Amarchand Jain, Sri Tarun Kumar Jhajharia, Sri Ashish Jhawar, Sri Manish Rathi, Sri Kamlesh Kedia, Sri Manish Agarwal, Sri Kishore Kumar Gulgulia, Sri Vikram Singh Baid, Sri Sourav Chandak, Sri Saket Khandelwal, Sri Ajay Sultania, Sri Rajiv Kedia, Sri Sandip Raja, Sri Brij Mohan Mundhra, Sri Bhuwan Arora, Sri Mohit Dugar – Executive Committee Members and Past Presidents Sri Hari Prasad Sharma and Sri Chand Mal Ladha.

About WBGMDA: The West Bengal Garment Manufacturers and Traders Association is a leading organization representing the ready-made garment industry and trade in East India. Established in 1962, the association provides specialized services in this field for the development of the ready-made garment industry. We are associated with the Bharat Chamber of Commerce. The Association has a democratic structure governed by a core committee, committee members, and co-opted members who work relentlessly for the betterment of the organization and its 500+ members. The association organizes Garment Buyers and Sellers Meet twice a year, conducts seminars, helps members understand government decisions and policies, organizes blood donation, and health checkups, and helps settle arbitration matters. Celebrates Holi and Diwali with its members and patrons with cultural functions.

Infrastructure Developments: The anchor to new residential hubs in MMR, Colliers Report

Mumbai, 13th January 2024: Well-known real estate consulting firm, Colliers India, launched its latest report on Mumbai’s growing residential market. With several infrastructure projects in progress, most of them nearing completion in 2024, the city is poised to be well-connected and also witness the emergence of new residential hubs around the peripheral nodes of Navi Mumbai such as Kharghar, Ulwe, and Panvel.

The Mumbai Trans Harbour Link (MTHL), set to be operational soon, along with the Navi Mumbai International Airport, Kharghar-Turbhe Link Tunnel Road (KTLR), and Navi Mumbai Metro Line will take things up a notch and play a pivotal role in driving residential demand and real estate prices across the region.

The report titled, ‘MMR’s newest residential hub – Upper Kharghar’, takes a closer look at dominant factors that are facilitating the region’s growth and the findings uncover the growth timelines, key developments underway, affordability, and yields that can be expected year-on-year. The dynamic locality is emerging as a prime destination for both end-users and investors looking to purchase residential properties. Located as a natural spill-over of the thriving Kharghar region, Upper Kharghar is poised for exponential growth shortly.

“The Mumbai residential market will most likely witness ascending growth in the next decade. Given that the infrastructure upgrades will vastly improve intra-city connectivity, top developers are looking at emerging markets like Panvel, Belapur and Upper Kharghar to expand their portfolio and infuse fresh supply into the city to meet the growing demand. These peripheral markets will soon have locational convenience, modern-day infrastructure, scenic beauty and well-planned townships that will be drivers of demand and real estate prices in the region.” said Swapnil Anil, Executive Director & Head of Advisory Services, Colliers India.

Given the high yields anticipated in the Navi Mumbai regions over the next few years, top developers in the region have been trying to accommodate the market needs concerning affordability, amenities and space requirements. The residential market here has attracted multiple developers like Today Global, Paradise Group, Adhiraj Constructions, and many more who are willing to invest in the development of the region. A substantial increase in marketable supply (launches) in FY-2022-2023 was recorded. This significant surge in supply could be attributed to factors like strategic location, demand from professionals working in nearby business hubs, and infrastructure developments.

Infrastructure Developments

A holistic approach to area development, coupled with the ongoing infrastructure developments, bodes well for the city’s continued growth.