Archives 2025

SEOUL, South Korea|September 06, 2025 – With a bold focus on transformative technologies like AI-powered drug discovery, personalized medicine breakthroughs, and sustainable manufacturing practices, BIOPLUS-INTERPHEX KOREA (BIX) 2025 is poised to be the ultimate destination for biopharma leaders and innovators. Scheduled for October 15-17, 2025, at COEX Seoul, this year’s edition aims to serve as a catalyst for real-world progress across the global biopharma value chain.

Innovation Blooms at BIX 2025

Under the theme “Innovation Blooms No Matter What,” the BIX 2025 conference is designed as a springboard for addressing the industry’s most pressing challenges and opportunities. This year’s program features an impressive 36 sessions, including high-level keynotes,
16 Insight Sessions led by global pioneers, and 20 Technical Sessions offering field-specific expertise in R&D, regulatory strategies, and market commercialization. Ahead of the full program announcement, here’s a preview of two standout keynote sessions
and eight pivotal sessions that are set to shape the future of the biopharma industry:

Keynote Speakers and Breakthrough Sessions at BIX 2025

BIX 2025 is proud to present an exclusive preview of two remarkable keynote sessions and eight pivotal discussions that promise to shape the biopharmaceutical landscape. These sessions feature industry-leading experts and focus on new innovations and strategies
driving the future of biopharma.

Dr. Robert J. Hariri, Chairman & CEO, Celularity, Inc.

A trailblazer in biomedical science and cell-based therapeutics, Dr. Hariri brings decades of expertise to the stage. Renowned for being the first to isolate pluripotent stem cells from the human placenta, his groundbreaking advancements in immuno-oncology,
regenerative medicine, and cell therapy continue to redefine the field.

Keynote Address:  October 15 (Day 1), 10:15–10:45 AM, Room 401

Dr. David Berry, General Partner, Flagship Pioneering

A visionary biotech entrepreneur and thought leader, Dr. Berry has founded several game-changing startups, including Seres Therapeutics and Valo Health. His pioneering work in AI, the microbiome, and synthetic biology is transforming the way medicines and biotechnologies
are conceptualized and delivered.

Keynote Address:  October 16 (Day 2), 9:00–10:00 AM, Studio 159

Eight Breakthrough Sessions to Watch

AI in Drug Development: Real-World Applications and Limitations

Examine real-world applications of artificial intelligence in identifying drug targets, optimizing molecular design, and advancing clinical decision-making. This session, featuring case studies from global pharmaceutical leaders, showcases AI’s game-changing
potential while addressing its current limitations.

Anti-Aging as the Next Biotech Frontier

Delve into the revolutionary advancements driving the anti-aging sector, including scientific breakthroughs, regulatory challenges, and commercial opportunities. This session outlines pathways to leverage this booming market.

Scaling Digital Health Globally

Learn from Korean innovators on the forefront of digital health. From securing FDA approvals to forging global healthcare collaborations, this session highlights technologies that are reshaping patient care on an international scale.

New-Co Models: Risk Diversification or Scalable Innovation?

Industry leaders debate the strategic value of New-Co structures. Are these spin-offs the next leap in scalable innovation or merely tools for managing risk? Gain insights into what makes or breaks success in this evolving business approach.

Must Know About Navigating New Changes at US FDA: FDA’s Enhanced Foreign Inspections, Domestic Manufacturing Incentives, Artificial Intelligence Integration and More

With evolving FDA regulations, this session offers crucial guidance for Korean life sciences firms. Explore policy shifts around foreign manufacturing inspections, U.S.-based production incentives, and AI integration in regulatory processes, all explained by
top-notch FDA experts.

RLT (RadioLigand Therapy) Radiopharma Revolution: Unmet Needs, Innovation, and Global Access

Explore how radioligand therapy is revolutionizing cancer treatment. This world-class session covers innovation, global access, and unmet needs in precision medicine.

China Biotech’s ‘Deepseek’ Moment Is Coming. Are You Ready?

Analyze China’s meteoric rise in biotechnology, fueled by government initiatives and bold strategies for global expansion. Gain practical strategies for capitalizing on collaboration opportunities with this major market player.

Licensing-Out Strategies for K-Bio

Designed for Korean biopharma companies aiming to succeed globally, this session explores preclinical strategies, critical data requirements, and effective collaboration models, offering clear and actionable steps for global technology transfer.

More Than Ideas, It’s Where Connections Happen

At BIX 2025, innovation meets action. Beyond the sessions, the exhibition will showcase 550 booths from over 300 companies, featuring top-notch technologies and products already in use across the industry. With a focus on actionable insights and interactive
opportunities, attendees can connect with global thought leaders, policymakers, and market drivers, while exploring real-world solutions and engaging directly with the innovators shaping the future of the biopharma sector.

Secure Your Spot at BIX 2025

This year, BIX offers a range of passes designed to meet the unique needs of biotech professionals at every level:

All-Inclusive Pass: Full access to all conference sessions, exhibitions, and VIP networking programs. Exhibition Executive Pass: Curated for senior leaders focused on business development and licensing.

EE (Exhibition Executive) Pass: Focused on business matchmaking and high-level networking with exhibitors. Ideal for: Senior managers in business development, licensing, and distribution.

Standard Pass: Ideal for specialists in R&D, regulatory affairs, and global marketing.

Entry Pass: Perfect for attendees from academia, research institutions, and public-sector organizations.

Actress Aishwarya Rajesh and Actor Ali unveil the T-Shirt and Medal of the 8th Edition of Global Grace Cancer Run–2025, the World’s Largest Cancer Awareness Run

Hyderabad, September 06, 2025 — Actress Aishwarya Rajesh and Actor Ali unveiled the T-Shirt and Medal of the 8th Edition of Global Grace Cancer Run–2025, the world’s largest cancer awareness run, at an event held at Hotel Daspalla, Jubilee Hills. The unveiling was graced by Dr. Chinnababu Sunkavalli, Founder of Grace Cancer Foundation, along with Mr. Narendranath (MD, Quambiant Developers), Ms. Prashanthi (Evernorth), Ramesh Kaza (SCSC), and several dignitaries.

Themed “Run for Grace and Screen for Life”, the run is scheduled for 12th October 2025, in hybrid mode—physical and virtual.

Chief Guest Aishwarya Rajesh said “Cancer is nothing compared to the daily challenge of living in a world polluted with negativity. People may judge me, but I know who I am. My true hero is Dr. Chinnababu Sunkavalli, who founded Grace Cancer Foundation. If I am free, I will not only attend the run but also participate in the 10K category.” She urged women to “love themselves, take care of their health, and get screened for cancer.”

Comedian Ali said “If parents give us birth, doctors give us life. A run spreading a positive message about cancer is truly laudable. I celebrate my birthday on October 10. With the 8th edition happening on October 12, I want Grace Cancer Foundation to hold a run in my birthplace Rajahmundry. I’ll do everything possible to make that happen.”

Speaking on the occasion, Dr. Chinnababu Sunkavalli said: “The Run aims to make a meaningful impact by raising cancer awareness, promoting physical activity as a preventive measure, and enabling access to free doorstep cancer screening for the underprivileged.”

Three cancer survivors — Mrs. Vimala Prasad, Mrs. Vasantha Kumari, and Ms. Geetha Kumari — shared their courageous journeys, affirming that cancer is curable if detected early and fought with confidence.

Run Details

• Date: 12th October 2025
• Venue (Physical): Gachibowli, Hyderabad
• Expected Participation: 30,000–40,000 runners, including 10,000 Navodaya students (mobilized by Bharanendra Nallamotu)
• Categories: 2K, 5K, and 10K
• Registration Fees:
  ₹600 (2K)
  ₹800 (5K)
  ₹1200 (10K)
• Online Registration: www.gracecancerrun.com

The 7th edition saw 1.5 lakh runners from 130 countries, making it a truly global initiative. Proceeds from the 8th edition will fund mobile cancer screenings, targeting 1 lakh screenings for Non-Communicable Diseases (NCDs) and delivering doorstep healthcare to rural India.

Corporate supporters include Quambiant Developers, Evernorth, and Ryan.

Dr. Chinnababu in his closing message said “Cancer is no longer a death sentence—if detected early, it is curable. Many lives are lost not because of cancer, but because it was discovered too late. You may not run for yourself, but you can run for someone who can’t. Every step you take will bring hope, early detection, and care to those in need.”

Mumbai, September 6th, 2025 – 9XMarkets, a global multi-regulated fintech company, successfully concluded its participation at the 4th edition of Money Expo India 2025, held at the Jio World Convention Centre, Mumbai. With a brand initiative around financial literacy and education, the 9xMarkets attracted an overwhelming response from visitors, educators, and introducing partners.

Participating in its first major Indian expo, 9XMarkets stood out by offering free financial education as a service. What began as one-on-one conversations quickly turned into impromptu mini-seminars, with groups of 8–9 people actively listening, engaging, and asking questions about trading and global market principles. The 9XMarkets booth saw unprecedented footfall throughout the two-day event.

“This overwhelming response showed us that Indian investors are deeply curious about financial literacy. We had not anticipated such scale of interest, and it pushed us to improvise and engage with visitors in new, interactive ways,” the 9XMarkets team noted.

A key takeaway from the event was the strong appetite for financial knowledge among attendees. Most visitors expressed that while they were eager to participate in markets, they lacked structured education and were seeking reliable platforms that could guide them responsibly. This validated 9XMarkets’ India entry strategy — to prioritize education-first engagement rather than product promotion.

Commenting on the success, Vikas Lakhwani, CEO of 9XMarkets, said: “We were delighted to see the strong interest from visitors who were eager to learn more about the global financial markets. Many attendees expressed enthusiasm for quality financial education and effective trading solutions, which align perfectly with our mission. Our booth stayed busy throughout the event, and the engaging interactions with participants made it a truly rewarding experience for the entire 9XMarkets team.”

Hyderabad, September 5, 2025 : The Federation of Telangana Chambers of Commerce and Industry (FTCCI) today convened a Press Conference to deliver its formal response to the key announcements made at the 56th GST Council Meeting held on September 4, 2025.

Addressing the media, Sri R. Ravi Kumar, President, FTCCI, hailed the sweeping GST rate rationalisation as a “landmark step towards a simpler and more inclusive tax regime.” The Council’s decision to merge the 12% and 28% slabs into 5% and 18% categories marks a significant stride in the long-awaited structural simplification of India’s indirect tax system.

Also present were Sri K.K. Maheshwari, Sr. Vice President, Mr. Srinivas Garimella, Vice President, and Mr. Mohd Irshad Ahmed, Chair of FTCCI’s GST and Customs Committee, who highlighted both the opportunities and concerns arising from the new GST

Industry-wide positives, such as the following welcomed:

Cost Relief in Key Sectors: The cut in GST on cement (from 28% to 18%) and the correction of the inverted duty structure in man-made textiles (fibre and yarn now at 5%) are expected to reduce costs and stimulate growth in the construction and textile sectors.
Boost for Agriculture & Manufacturing: Reduction in GST on critical fertiliser inputs like sulphuric acid and ammonia from 18% to 5% will benefit the agri-input sector. A uniform 18% rate on auto parts simplifies classification and reduces disputes.
Enhanced Ease of Doing Business: The provision of 90% provisional refunds for exports and inverted duty cases, along with simplified 3-day registration for low-risk MSMEs, was acknowledged as a major win for liquidity and compliance burden reduction.
Consumer-Focused Measures: GST cuts on everyday essentials such as milk, paneer, butter, soaps, and toothpaste to 5% or NIL, alongside a complete GST exemption on health and life insurance, are expected to boost consumption.
Services Exporters Empowered: The amendment to the place of supply rules for intermediary services was hailed as a long-pending reform, now making Indian service exports effectively zero-rated and globally competitive.

While welcoming, the industry also raised its concerns on some key issues, such as the following

Petroleum Outside GST Still a Stumbling Block:

FTCCI strongly reiterated its long-standing demand for a phased inclusion of petrol, diesel, natural gas, and ATF under the GST regime. The continued exclusion leads to tax cascading and hampers competitiveness, particularly for energy-intensive industries and logistics.

2. Sharp GST Hike on Coal Worrisome:

The sudden increase in GST on coal from 5% to 18% poses serious challenges for sectors like steel, cement, and aluminium, increasing energy costs and risking inflationary pressures. FTCCI urged the Centre to rationalise the existing compensation cess on coal to offset the impact.

3. Break in Input Tax Credit Chain:

The move to reduce GST on hotel accommodation (up to ₹7,500/day) to 5% without ITC was flagged as a concern. FTCCI recommended dual-rate options that allow businesses to claim input tax credit, preserving the seamless credit flow that GST was designed to enable.

The 108-year-old FTCCI, one of the most vibrant and respected regional chambers in India, used the occasion to present critical recommendations to ensure the long-term success and fairness of the GST regime. Recognizing the momentum created by the 56th GST Council Meeting, FTCCI strongly urged the government to:

· Publish a clear timeline for the inclusion of petroleum products—including petrol, diesel, ATF, and natural gas—under the GST framework, a long-standing industry demand to eliminate cascading taxes.

· Offer optional higher GST rates with Input Tax Credit (ITC) for B2B transactions, especially in sectors like hospitality, to preserve the seamless credit chain and prevent input tax leakage.

· Review and rationalize the Compensation Cess on coal, in light of the sharp hike in GST to 18%, to avoid excessive tax burden on energy-intensive and core manufacturing sectors.

· Issue timely clarifications and circulars on the classification of goods and services under the revised GST rate slabs (5%, 18%, and the new 40% slab), to reduce litigation and ensure uniform implementation across states.

FTCCI reiterated that these reforms would enhance transparency, ease of doing business, and competitiveness across sectors, particularly manufacturing, exports, and infrastructure.

 By – Mr. Naveen Chandra Jha, MD & CEO, SBI General Insurance

“The GST Council’s decision to reduce tax on the healthcare sector marks a transformative step toward greater affordability and inclusivity. At a time when India’s healthcare market is poised for significant growth, this reform acts as a timely catalyst to strengthen the ecosystem by addressing one of the biggest barriers to quality healthcare affordability.

Whether it is making life-saving drugs more accessible or lowering the cost of health insurance, the move directly tackles a long-standing challenge and will enable millions of families to take a crucial step toward financial and medical security.

For the health insurance sector, this change comes at a pivotal moment. As India’s healthcare needs expand and medical risks evolve, the importance of universal health coverage has never been more evident. Health insurance is not merely a financial product, it is a lifeline that protects families, supports well-being, and builds resilience against future uncertainties.

At SBI General Insurance, we view this reform as a strong driver in accelerating India’s journey toward ‘Insurance for All by 2047.’ Our focus will be on leveraging this opportunity to design affordable, accessible, and customer-centric health insurance solutions, while expanding our reach across rural and semi-urban India.”

Toronto, September 5, 2025 : The Bharat Pavilion was formally inaugurated today at the Toronto International Film Festival (TIFF) 2025, marking the debut of WAVES Bazaar in North America, India’s first international e-marketplace for film, media, and AVGC-XR sector. The Pavilion was inaugurated by Shri Ajay Nagabhushan, Joint Secretary, Ministry of Information & Broadcasting, Government of India and Mr. Kapidhwaja Pratap Singh, Acting Consul General of India in Toronto, in the august presence of Mr. Cameron Bailey, CEO, TIFF.

This year’s Bharat Pavilion focuses on WAVES Bazaar. Organized by the National Film Development Corporation (NFDC), WAVES Bazaar is a global e-marketplace bringing together creators and buyers from film, television, streaming, gaming, animation, music, and AVGC-XR. The platform facilitates networking, buyer-seller interactions, project showcases, and collaborations, enabling Indian creators and international stakeholders to engage in meaningful partnerships.

Addressing the gathering after the inauguration, Shri Ajay Nagabhushan said “Bharat Pavilion at TIFF is not only a celebration of India’s cinematic excellence but also a platform to build global partnerships. For the very first time, India is being represented at TIFF by a delegation comprising solely of women-led film projects. From over 200 applications within a week, six outstanding projects were selected by an expert international jury through the WAVES Bazaar platform. These extraordinary filmmakers are not just attendees, they are emissaries of a new era, one where women’s voices, visions, and stories are center stage on the global cinematic platform”.

Talking about the significance of the upcoming WAVES Bazaar event to be held on 6th September, 2025, on the sidelines of TIFF, Mr. Nagabhushan said “WAVES, a landmark initiative of the Ministry of Information and Broadcasting, held at Mumbai in February, is resonating across the world and its impact and reach can also be seen in Canada. WAVES Bazaar event here will witness a series of activities including panel discussions, round table, policy dialogue and series of B2B meetings between Indian and International delegates.”

Mr. Kapidhwaja Pratap Singh stated “Toronto is home to a vibrant film industry and a large Indian diaspora. The launch of WAVES Bazaar at TIFF is a timely step towards strengthening India–Canada cultural and business ties.”

Mr. Bailey highlighted TIFF’s commitment to fostering cross-cultural partnerships and acknowledged India’s growing influence in the global cinematic landscape. Widely recognized as one of the most influential figures in international cinema, Mr. Bailey has transformed TIFF into a truly global film festival, championing diversity, amplifying new voices, and creating a global platform for groundbreaking storytelling.

The multi pronged discussions after the inauguration focussed on the importance of WAVES and its outcomes, WAVES Bazaar’s potential as a bridge between Indian and international creative economies, and explored the possibility of collaborating in establishing a dedicated Film Market at TIFF in the near future with Indian content taking centre stage. Such an initiative would serve as a catalyst for co-productions, content exchange, and industry collaboration between India and North America.

The Bharat Pavilion at TIFF 2025, curated by NFDC, serves as a dynamic hub for global networking, B2B meetings, and film industry exchanges, underscoring India’s growing leadership in the international media and entertainment sector.

Indore, 5^th September 2025: Prime PR, the youngest and fastest growing public relations firm, was presented with the 14th Quality Mark Awards 2025 in the category of PR & Communications, by Hon’ble Cabinet Minister Shri Kunvarji Bavaliya as Chief Guest, Shri Dilip Sanghani, Chairman – IFFCO as Guest of Honour, renowned Bollywood actor Sharman Joshi. The awards ceremony was organized by Quality Mark Trust at Narayani Heights, Ahmedabad on 26th August, 2025, under the concept of ‘Make in India’.

Prime PR, established in 2020, is well-connected with over 60 cities across India, with its team that works 365 days a year, which includes PR professionals and publicists, strategists and influencers, and linguists and media managers. Prime PR also works with flourishing start-ups, as well as the MSME and Make in India projects.

On the occasion, Mr. Phool Hasan, Founder and Managing Director of Prime PR said that “Prime PR is a strong supporter of on-going learning and development for public relations professionals. We have resilient networks in tier 1, tier 2, and tier 3 cities. Our network-wide team has been distinguished for its media relations skills through delivering high-quality projects and developing long-term partnerships with our clients. The recognition we got at Quality Mark Awards 2025 will boost our morale to work with more creative and strategic acumen. ”

Prime PR provides a vast range of services to its clients, which includes Public Relations, Brand Management, Conducting Press Conferences, Release Dissemination, PR Analysis, Planning & Strategy as well as Digital Marketing, Influencers Management, Image Building, Crisis Management, Investor Relations. Prime PR deals with the public relations for Government and Public Affairs also. Prime PR has extensive experience in planning and implementing high-impact initiatives that boost brand exposure and revenue.

Mr. Phool Hasan said, “We understand the difficulties generally faced by our clients, be it corporates, or individuals like doctors, bankers or other social opinion makers who are very keen to express their views on various burning topics in the society, but have no approach to the right platform, so through our service namely, article placement, we felicitate them with proper platform to voice their concerns in time. Digitally sound, and strategically efficient, Prime PR adopts the conceptualised method to do Public relations and communications through a sustainable process, and achieve the objectives set by our clients, as the actual satisfaction of our client is our motto. ”

Mr. Phool Hasan, a senior PR & Communication strategist since last 18 years, has been the key person to several of Corporate India’s significant events. He specialises in brand activation, media relations, public relations, and press conferences. Mr. Phool Hasan has been recognised for his contributions to many major project successes with Mahindra & Mahindra Ltd., ICICI, Pepsico, IIFA Awards, Amazon India, Axis Mutual Fund, ICICI Prudential, HDFC Life, PGI, ORRA, TAFE, METRO Cash & Carry India, Asus India, Mankind Pharma, Glenmark Pharma, Khelo India Youth Games, Marico, CII, and many others.

Hyderabad, September 5, 2025: Madison Media has just announced that it has completed the 100% acquisition of Hiveminds, the performance specialist agency it had acquired 51% stake in 2017. Deepti Bhadauria who was the earlier Chief Strategy Officer and an integral part of the leadership team for the last 5 years, driving growth will take over as CEO. Jyothirmayee JT, Founder will continue in an advisory role within Hiveminds. Deepti will report to Ajit Varghese, newly appointed Partner & Group CEO, Madison Media.

Under Jyothirmayee’s unparalleled leadership and strategic foresight, and with Madison’s backing, HiveMinds has carved a formidable position in the industry, growing revenues 12x since 2017 while serving over 100 clients. The agency has built strong expertise in e-commerce and digital marketing, curating three seasons of the Ecommerce Conclave featuring top industry voices. HiveMinds is also recognized for its advanced martech capabilities, having developed tools for measurement, attribution, and campaign management across retail and digital media.

Says Jyothirmayee JT, Founder, HiveMinds “It’s been my greatest privilege as a founder to build HiveMinds from a bootstrapped startup into a digital marketing powerhouse. HiveMinds is built on a foundation of resilience and the relentless pursuit of excellence. Deepti’s deep understanding of our company’s DNA ensures that HiveMinds’ legacy of delivering exceptional results will continue stronger than ever. I am filled with immense pride and confidence as I hand over the reins, and I’m excited to see her take our collective vision and passion to new heights.”

Says Deepti Bhadauria, Partner & CEO, HiveMinds,

“Jyothi’s visionary leadership has shaped HiveMinds into an organization that consistently sets new benchmarks in performance, innovation, and talent development. It has been an honor to work alongside her in driving client success. As we move into the next phase, my focus is on amplifying this impact—delivering greater value, sharper innovation, and measurable outcomes that strengthen our clients’ market leadership. I am excited to lead HiveMinds, in partnership with Madison, through the fast-evolving media landscape of the country.”

Says Ajit Varghese, Partner & Group CEO Madison Media & OOH,

“Hiveminds has been a remarkable growth story, scaling more than tenfold since our initial partnership in 2017. With this full acquisition, Madison is uniquely positioned to offer clients an integrated model that brings together brand building and performance marketing. As businesses increasingly seek measurable impact alongside strong brand equity, we are bridging the gap between storytelling and commerce. This convergence allows us to play across the full consumer funnel, from awareness to conversion. Our goal is to create future-ready solutions that deliver both growth and trust for clients. In today’s market, brand and performance are no longer separate conversations—they are one.”

Says Sam Balsara, Chairman, Madison World,

“I am immensely proud of what HiveMinds has been able to achieve in the last 8 years and the unique position it holds in the industry. I can see HiveMinds grow from strength to strength in the coming years.”

Hiveminds, a unit of Madison World, is a digital agency with expertise in performance and ecommerce marketing. It works with over 100 clients including Big Basket, Axis Max Life Insurance, Titan, Jubilant Foodworks, Tata Neu, Eureka Forbes, GlaxosmithKline, Crompton, Kenvue, Boat and several others. The agency has won over 50 awards in last 2 years. Madison World through its 11 Units served last year, as many as 500 Advertisers.

New Delhi, India, 4th September 2025– Doorvery, an emerging B2B grocery delivery platform, today announced impressive growth milestones within its first quarter of operations. The company has reached an Annual Recurring Revenue (ARR) of ₹7.5 Crore and is recording 85–90% month-over-month growth, underscoring its strong market positioning in India’s fast-evolving B2B grocery procurement sector.

Key Highlights

Achieved ₹7.5 Crore ARR within the first three months of operations.

Recording 85–90% month-over-month growth.

Serving a diverse client base including retailers, wholesalers, hotels, and restaurants.

The B2B grocery supply industry in India is undergoing rapid transformation, fueled by changing consumer behaviours, increasing demand for convenience, and widespread adoption of digital solutions. Doorvery is strategically positioned to capitalize on this shift by offering tailored procurement solutions for retail and hospitality sectors, among others.

Commenting on the milestone, G. Surya Nayayan Patro, Director of Doorvery, said, “The early success of Doorvery reflects both the strength of our business model and the growing demand for streamlined grocery procurement. Our rapid growth trajectory demonstrates the trust that our clients place in us, and we are committed to continuously enhancing our platform to serve the evolving needs of businesses across India.”

About Doorvery

Doorvery is an innovative B2B grocery delivery platform that bridges the gap between manufacturers, brands, and businesses such as retailers, wholesalers, hotels, and restaurants. Through technology-enabled supply chain solutions and reliable logistics, Doorvery simplifies procurement, ensures cost efficiency, and enhances business operations for its partners.

By – Mr Vivek Singh,Home Credit India’s CEO

The recent GST rationalization, which simplifies tax slabs and corrects the inverted duty structure, is a highly progressive and timely reform that will significantly boost consumption and support our fast-growing economy. This move will have a meaningful impact on middle-class households, where a large portion of income is spent on daily necessities. By lowering the GST on everyday items like packaged foods, personal care products, and kitchenware to the 5% bracket, families will see a direct reduction in their monthly expenses. We anticipate this will help lower inflation by over a percentage point.

At the consumer level, we expect to see a dual effect. Lower prices will likely lead to increased spending on fast-moving consumer goods (FMCG), durables, and electronics. Additionally, families may choose to use some of their savings to build stronger financial buffers. The timing of this reform, just before the festive season, is particularly significant. It will boost consumer confidence and fuel demand for aspirational purchases, from home appliances to two-wheelers—categories where our EMI financing plays a key role.

For Home Credit India, this signals stronger demand for affordable and transparent financing solutions that help households manage both their essential and aspirational needs.

Beyond the immediate benefits, this reform will have a powerful multiplier effect apart of stimulating demand in supporting industries and reinforcing financial inclusion. This GST rationalisation is more than just a tax simplification; it is a catalyst for long-term economic growth that empowers consumers and strengthens the financial ecosystem.