Kolkata, 16th September 2023: Tisva, the premium decorative and architectural lighting brand from Usha International, today launched its flagship store in Trinity Tower at 83, Topsia Road, in the upscale South Kolkata. Inaugurated by superstar Rituparna Sengupta, this lighting studio is a one-stop shop for all things lighting – from basic to high-end, from minimalistic to opulent, as well as luxury and architectural lighting solutions, and will be catering to not just Kolkata, but also up-country.

Speaking at the launch, Mr Vikas Gandhi, President and Business Head – Lighting (Tisva), Premium Fans, and Water Solutions Business, Usha International, said, “The design aesthetics in the East are rich and evolved, making Kolkata an extremely important market for Tisva. With the launch of this store, we aim to bring to this region world class products that are a perfect blend of innovation and design. Lighting is no longer just an accessory. Today, it makes a personalised style statement.”

Unveiling the new Tisva store, Superstar & Queen of Bengali cinema, actress Rituparna Sengupta said, “The kind of lights I see here makes me want to get a whole array of them for my own home. Anyone using Tisva’s lighting solutions will definitely up the luxury quotient of their spaces. The Tisva Studio offers luminaires catering to all sensibilities.”

Spread across 1740 Sq. feet, the Tisva Studio in Kolkata boasts an impressive array of handcrafted luminaires, including bespoke chandeliers, crystal pendants, wall lights, ambient lights, table lamps, floor lamps, and a selection of architectural and utility lighting products, such as anti-glare COB downlighters, magnetic track lights, and outdoor lights. Each Tisva product meets international manufacturing standards and fulfills both functional and aesthetic requirements. The exquisite craftsmanship of Tisva products is enhanced by cutting-edge technology such as tunability (colour control), dimmability (intensity control), and anti-glare human-centric lighting. This launch of this new store is part of Tisva’s ongoing expansion plans. Currently, there are 15 exclusive Tisva Studios across India.

Mumbai, 16th September 2023: Honda Motorcycle & Scooter India (HMSI) today launched the OBD2-compliant 2023 CB200X. Meticulously crafted for both city usage and to tackle the roads less travelled, the CB200X is a testament of Honda’s innovations and goes beyond customer expectations to explore life with every ride. The 2023 Honda CB200X has been attractively priced at Rs 1,46,999 (ex-showroom, Delhi) and one can now book it at their nearest Red Wing dealerships.

Commenting on the launch of the new CB200X, Mr. Tsutsumu Otani, Managing Director, President & CEO, Honda Motorcycle & Scooter India, said, “Today marks a significant milestone as we launch the 2023 CB200X inspired by Honda’s legendary CB legacy. Since its launch in 2021, CB200X has received tremendous response in the market and is a perfect riding companion for the customer’s daily commutes as well as short weekend getaways beyond the cityscapes.”

Introducing HMSI’s latest offering, Mr. Yogesh Mathur, Director, Sales and Marketing, Honda Motorcycle & Scooter India, said, “We are pleased to introduce the 2023 CB200X with an OBD2 compliant engine, stylish graphics and a new assist & slipper clutch. Marking a steady evolution in the 180-200cc motorcycle segment, the CB200X urban explorer is inspired by the dreams of the new-age customers and their passion for motorcycle riding who want to Explore Life with Every Ride!”

Distinct Design and Dynamic Performance:

Inspired by the legendary Honda CB500X ADV, the design of the new CB200X makes it a rider’s perfect choice for weekday commutes as well as for weekend fun. The sharp bodywork along with new graphics marks out its individuality while the diamond type steel frame ensures superior handling. The CB200X also gets an all-LED lighting system (LED headlamp, LED winkers and X-Shaped LED tail lamp).

At the heart of Honda’s latest sub-200cc urban explorer lies a powerful 184.40cc, 4 stroke, single-cylinder BSVI OBD2 compliant PGM-FI engine which is now more environment friendly than before. It churns out 12.70 kW of power at 8,500 RPM and 15.9 Nm of peak torque at 6,000 RPM. The CB200X’s highly efficient and torquey engine offers an ultimate riding experience.

Superior Technology and Convenience:

The 2023 Honda CB200X OBD2 uses multiple sensors and monitors components that can affect emission performance. If any malfunction is detected, it even illuminates a warning light on the vehicle’s instrument panel. Enhancing the rider’s safety, the CB200X is equipped with Dual Petal Disc Brakes with a single-channel ABS. There is also a new Assist & Slipper Clutch which eases quick gear shifts and prevents rear wheel locking while down shifting.

With an upright riding position, the CB200X offers a great balance between high performance and comfortable riding experience. Its advanced Fully Digital instrument panel comes with 5 levels of customizable brightness and is equipped with Speedometer, Odometer, Tachometer, Fuel Gauge, Twin Trip Meters, Battery Voltmeter, Gear Position Indicator and a Clock. The CB200X’s golden USD front forks and mono-shock absorber at the rear aims to provide a superior ride quality.

Special Value Proposition:

The 2023 CB200X will be available in three stylish colours – Decent Blue Metallic (new), Pearl Nightstar Black and Sports Red. It has been attractively priced at Rs. 1,46,999 (ex-showroom, Delhi). HMSI is also offering a special 10 year warranty package (3 year standard + 7 year optional) on the motorcycle.

Bengaluru, 16th September 2023: Modern technology, societal pressures, and a competitive environment are radically disrupting the lives of children of today. In this context, access to focused advice can greatly benefit children and their families in making choices that can create an environment of optimal holistic health and well-being. In line with this, the inaugural Get Set, Grow! conference from Happiest Health will convey appropriate advice from renowned experts in ensuring long-term health and wellness for children during their formative years.

The Children’s Wellness Summit, Get Set, Grow! which takes place on 22nd September at The Leela Palace will address a variety of relevant topics for them to be a catalyst for their child’s brighter future. Hosted by Ashok Soota’s health and wellness venture, Happiest Health, the summit will invite experts, psychologists, educators, paediatricians, and other professionals to share their knowledge and insights during the discussions. Interactive sessions will engage children and adults, making the event both educational and enjoyable. For parents who are located outside of Bangalore, the event will be live streamed for virtual attendance.

The summit will also unveil findings on Are You Listening? – Voices of Adolescent Survey. This survey which is being conducted by Happiest Health involves over 500 children in the age group 12-18 years. It will convey their thoughts and concerns, for attendees to feel the pulse of children for a greater understanding of their challenges. The summit will aim to promote the overall well-being of children and provide valuable insights to parents, caregivers, educators, and anyone else involved in the lives of young ones. It will address various aspects of children’s health, development, and happiness.

The day will be packed with educational seminars, panel discussions, and small group breakout sessions led by a high-impact roster of professionals and educators. There will be discussions on a variety of health topics and conversations with experts on building resilient kids, and the value of nutrition and sleep among others such as:

• Reducing Gadget Time in Kids by Dr Manoj Kumar Sharma, Professor of Clinical Psychology and Coordinator Service for Healthy Use of Technology (SHUT) Clinic In NIMHANS
• The Power of Play for Kids by Florence D’souza, Principal of Sherwood High and Dr Ayyappan Nair,onsultant, Shoulder Surgery, Sports Medicine, Arthroscopy, Manipal Hospitals
• Nutrition for Children by Dr Supraja Chandrasekar, Pediatric Intensivist, Dhee Hospital, Bengaluru
• Stress Management in Children by Dr Poorva Ranade, Child Psychologist and Counsellor, Mr Neeraj Kumar, under – PeakMind, and Mr Mahesh Yadav, Academic Head – South India, Allen Career Institute
• Understanding Money – Making Adolescents Finance Savvy by Ms Aparna M, Associate Vice President, Certified Chartered Financial Analyst, PeakAlpha
• Youngsters & Career Options in The India of Today & Tomorrow by Mr Srinath Deshakulkarni, Founder of Academics & Beyond Ready to speak to Media, Mr Ravi Kallayil, Founder of Plaeto and Dr Jahnavi Phalkey, Dir. Bangalore Science Center.
• Are you listening? by Maryanne Pais, St Joseph’s College of Commerce, HOD Psychology; Akash Ryall – ounder And CEO, Bethany Education Institutions, Bengaluru, and along with a Parent.

Overall, the “Get, Set and Grow!” children’s wellness summit will have the potential to make a positive impact on the lives of children and those who care for them. It’s an impactful way to bring people together to learn, share, and support each other in creating a healthier and happier future for our young ones.

On the occasion of Prime Minister Shri Narendra Modi’s birthday, News18 India, India’s No. 1 Hindi news channel, is coming up with extensive programming including an exclusive documentary that offers a comprehensive and unbiased look into his remarkable journey. This documentary, titled Vishwa Mitra is scheduled for a special broadcast on the 17th of September 2023.

As India’s No. 1 Hindi news channel, News18 India has always been committed to delivering credible and insightful content to its viewers. In line with this commitment, Vishwa Mitra promises to provide a unique perspective on the life and leadership of Prime Minister Modi.

This documentary will delve into many pivotal aspects of Prime Minister Modi’s journey showcasing his unwavering dedication to the welfare of the common people, his fearless approach to leadership, and his significant global impact. It pays tribute to one of India’s most iconic leaders and highlights his visionary leadership.

Prime Minister Narendra Modi has undoubtedly made an indelible mark on India’s political landscape. His influence extends beyond national boundaries, making him a global figure of significance. Vishwa Mitra serves as a fitting tribute to his contributions to the nation and the world.

Tune in to the through-the-day coverage on Prime Minister Narendra Modi’s birthday and special documentary Vishwa Mitra on News18 India on 17th September 2023.

Nehha Pendse is a celebrated actress known for her versatile performances in both television and film. With a career that began as a child artist, she has grown into a prominent figure in the entertainment industry, captivating audiences with her talent and dedication. The versatile actress set to make her return on Star Bharat in the new episodes of “May I Come in Madam,” as Madam Sanjana recently shared insights into her remarkable journey as a child artist and the changing landscape for young talent in the entertainment industry.

Nehha Pendse reminisced about her early days in the entertainment world, saying, “I began my acting career as a child artist with a television serial on DD channel and made my big-screen debut alongside the legendary Sunny Deol in ‘Pyaar Koi Khel Nahi.’ My parents had always held a deep appreciation for art and entertainment, and that’s where it all began. During that era, child artists were relatively limited, as many perceived it as taboo to involve children in the entertainment industry. However, I believe destiny had its role to play, and everything fell into place, allowing me to be part of numerous wonderful projects as a child artist.”

Speaking further, Nehha Pendse expressed her gratitude for the enriching experiences she had while working with various artists. She particularly highlighted her admiration for Sunny Deol, with whom she shared the screen in her early career. “Sunny Deol is one of my favorites among the many talented artists I’ve worked with. He is a remarkably soft-spoken and respectable man. Despite his commanding presence, he remained humble and grounded, especially toward the people he collaborated with. His dedication to his craft is truly commendable, and it’s something I deeply cherish about him,” she added.

The new episodes on May I Come In Madam will soon air on Star Bharat. The story amusingly follows a man (Sajan) played by Sandeep Anand caught between his suspicious wife Kashmira played by Sapna Sikarwar and attractive boss, Sanjana played by Nehha Pendse highlighting Sajan’s humorous dilemma as he manages his feelings for his Boss and his Wife.

Stay tuned to watch the new episodes of May I Come In Madam from every Monday-Saturday at 9:30 pm only on Star Bharat

Bengaluru, 15th September 2023: Tata Passenger Electric Mobility, a subsidiary of Tata Motors and the pioneer of India’s EV revolution, today launched the all-new Nexon.ev. A trailblazer by legacy, this latest avatar of India’s bestselling EV marks a significant leap forward for the entire Indian auto industry. A bold digital design language; a futuristic, tech-inspired drive experience; and an introduction of several intuitive and innovative features, easily accessible via gadgets; hallmarks the new Nexon. ev as a real game changer. Built on the Tata.ev brand values of Sustainability, Community and Technology, the Nexon. ev is available in three distinct personas– Empowered, Fearless and Creative, representing the personalities and lifestyles of its audience. Available from an introductory starting price of INR 14.74 Lakh, the Nexon.ev will be retailed from authorized dealerships across the country.

Launching the new Nexon.ev, Mr. Shailesh Chandra, Managing Director, Tata Passenger Electric Mobility, said, “EV customers constitute a unique community that is fast growing and distinguished by their evolved choices, hunger for next-gen technology, expectations of personalised experiences, and commitment to a greener tomorrow. The Nexon.ev aptly fulfils their evolving, astute preferences with a technologically advanced, on-the-move solution that seamlessly blends with their contemporary way of life. This groundbreaking vehicle isn’t just pushing boundaries; it is rewriting the rulebook by addressing several unstated expectations of customers as well. The sleek, futuristic, and digital design; an unwavering commitment to safety and sustainability; and smart lifestyle features that are best-in-class and only seen in vehicles several segments above, makes Nexon.ev a truly aspirational electric SUV.”

“With this launch, we are also transitioning into a new era that will be bolder and more innovative. We remain committed to lead the change and to shape the future of mobility towards an electric and sustainable tomorrow.”, Mr. Chandra further added.

All-new Nexon.ev in brief:

Digital Design: The new design denotes an electric modernity with an iconic look. A new digital design approach, where the core character of the car is innovative, tech-forward, aspirational.

Smart, Digital and intuitive: Humanistic digitization has been delivered through a smart digital lighting system, which makes the car’s communication seamless and intuitive.

The bi-functional LED DRLs coupled with center position lamp provides an unmissable distinct identity to the EV. A very important functionality introduced is the smart charging indicator to display SOC level during charging.
It greets you with a welcome signature when you unlock the car and a goodbye when you lock it.

Tech Marvel: Featuring advanced technology that transcends multiple segments, the Nexon.ev raises the bar for the entire automotive industry, particularly in the EV space

It offers a cinematic visual experience through its 31.24 cm (12.3 inch) ultra-High Definition (HD) touchscreen infotainment, which is largest in the segment.
The cinematic visual experience is further enhanced with top-of-the- line In-Cabin audio experience with Harman’s AudioworX and 9 high quality JBL speakers. The vehicle acoustic experience has been enhanced with multiple customized audio modes
The cinematic infotainment screen is complemented with a large 26.03cm (10.25 inch) High Definition fully reconfigurable Instrument Cluster offering multi dial view.

Gadget on wheels: First of its kind in India, An app store – Arcade.ev. This would allow users to enjoy their favorite video, productivity, navigation or games apps, including OTTs. Watch a movie or series when waiting for someone, or attend conference calls while your car is charging. Offers 4 Voice Assistants which can serve the needs of our diverse customers. Tata’s very own ZConnect Connected Car Technology has been upgraded to offer over 60+ features, including remote control car functions.

Increasing Efficiency: Focus has been on maximizing utilization of battery pack energy. The range of the all-new Nexon.ev LR has been increased to 465km (MIDC Certified). An increase of 12 km.

Tech on the Go: The Nexon EV offers a digital driving experience, featuring multi-mode regen and multi-drive modes, catering to the evolving preferences of modern driver. Offers an intuitive package of driving aids with heightened focus on seamless convenience & gamification. Paddle Shifters for on the go Multi-Mode Regeneration, and smart digital shifter for an effortless drive experience.

Uncompromised Safety: With all-new Nexon.ev we have taken a huge step towards making Indian roads safer, by setting new standards of safety:

•  6 Airbags as Standard
•  ESP with i-VBAC has been made standard across the range to provide greater protection in adverse road conditions
•  SOS Call: to provide emergency assistance service
•  Electronic parking brake with Auto Hold
•  360o surround-view camera system with blind spot view monitor for spatial awareness and ease of parking

Game-changing disruptions: The all-new Nexon. ev is equipped with first-in-the-segment features such as V2V (Vehicle to Vehicle charge) and V2L (Vehicle to Load) making it a true game-changer in the industry

Vehicle to Vehicle (V2V) Charging: Introducing the V2V charging feature in the Nexon.ev – which makes it capable to charge another compatible EV. This feature will greatly facilitate the opportunity charging scenarios.

Vehicle to Load (V2L) Technology: With V2L technology, the Nexon.ev acts like a power bank, and helps stored energy in the HV battery to power external gadgets, appliances etc., such as electrical camping equipment, power tools and a variety of consumer electronics devices.

OTA Updates: A #NewForever Car: We have passed on upgrades to customers in the past through software, now we have taken Nexon.ev to the next step with OTA Capabilities

Uncompromised EV Experience: With multiple charging options and unparalleled silent driving experience, the Nexon.ev ensures an uncompromised ownership experience, epitomizing the future of electric mobility

With a dominating market share of over 70% in the 4-wheeler EV segment, TPEM has consistently demonstrated its pioneering spirit by introducing cutting-edge technologies and innovative products. Responsible for actively shaping the future of e-mobility, the company also recently crossed the milestone of selling 1 lakh Tata EVs. To ‘Go Beyond’, the company has already declared its 3-phase EV strategy, with plans to offer different body styles at several accessible price points, meeting the evolving needs of consumers. The company aims to set new benchmarks in the EV segment by focusing on Sustainability, Community and Technology.

Sikkim, 15th September 2023 Medhavi Skills University (MSU) inaugurated the Skill Hub for International Employment (SHINE) recently, at Manan Kendra, Sikkim, to empower the youth of Sikkim through international employment. The event, graced by the presence of, Chief Minister of Sikkim, Prem Singh Tamang, marks a significant milestone for the university and the state.

SHINE, a collaborative initiative between MSU and the Government of Sikkim, will facilitate in imparting skill integrated higher education and upskilling aligned to demand of the global workforce for the Sikkimese youth and prepare them for overseas mobility. The innovative endeavor aims to align the capabilities of youth from the state with the demands of the global workforce, providing them with the skills and knowledge essential for international employment.

Medhavi Skills University, in strategic partnership with employers and vocational institutions from countries like Germany, Australia, Japan, and the Philippines, will offer comprehensive training in foreign languages, cultural adaptation, and technical competencies tailored to specific employment fields. Upon completing their training, candidates will be well-prepared and eligible to join their preferred foreign employers.

Mr. Kuldeep Sharma, Co-Founder & Pro-Chancellor of Medhavi Skills University, expressed his enthusiasm stating, “Today, we celebrate a remarkable milestone at Medhavi Skills University with the unveiling of SHINE – the Skill Hub for International Employment. In the presence of the Hon’ble Chief Minister of Sikkim, Shri. Prem Singh Tamang, we embark on a transformative journey of skill integrated higher education. SHINE, a testament to the unwavering collaboration between MSU and the Government of Sikkim, aims to equip the youth with skills and knowledge to thrive on the global stage. We’re here to open doors to international opportunities and illuminate the path to success. With boundless enthusiasm, we embrace this vision of making Sikkim a hub of higher education, where aspirations know no bounds.”

“The commitment and support extended by the Government of Sikkim to create this pathway for international opportunities is commendable, aligning perfectly with the vision of the hon’ble Chief minister to transform Sikkim into a hub of higher education,” added Mr. Sharma

The inauguration ceremony featured the virtual unveiling of the SHINE Project Centre in Sikun, East Sikkim, and the Medhavi Poly Diagnostic Centre in Topakhani, Singtam, aiming to provide affordable medical testing facilities to the residents of Sikkim.

The event also hosted prominent industry and organizational partners of Medhavi Skills University from India and abroad, along with eminent dignitaries from the state. Distinguished guests, including Mr. Holger Lange, Founder of People 2 Help (Germany); Ms. Takako Oshibuchi, CEO of NAVIS – HR (Japan); Mr. Rajeev Sharma, AVP – Skill Development at JBM Group; and Mr. Muhammed Abdussalam, Chairman and MD of Safa & KTB Group, and IGJ, a Center of Excellence for Gems & Jewellery in India, were present to endorse the cause of youth development through skill-integrated higher education.

The event’s highlight was the Skills to Success Exhibition, organized by students, staff, industry partners, and sectoral experts of MSU. The exhibition showcased the transformative power of various skills in human life and society. It attracted students and educators from various schools, colleges, and universities across Sikkim, eager to explore the possibilities offered by the SHINE initiative.

Bengaluru15th September 2023— Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, today unveiled the findings of its inaugural global survey and analysis of the current and future state of mainframe modernization for businesses. The survey among 500 business and IT leaders finds that most organizations are taking a hybrid approach to mainframe modernization, and the respondents reported collectively achieving $12.5B in cost savings.

In today´s competitive and fast-changing business environment where many leaders are reconsidering spending choices, enterprises are looking for ways to start or accelerate their mainframe modernization journey to drive increased efficiency, agility, and innovation. According to Kyndryl’s survey, as companies seek to transform their mainframe environment:

95% of respondents are moving at least some of their mainframe applications to cloud or distributed platforms, on average 37% of their workloads. Only 1% of respondents plan to move all workloads fully off the mainframe.
90% of respondents state the mainframe remains essential to their business operations due to its high levels of security, reliability, and performance, while having the flexibility to move to cloud platforms for efficiency.

Enterprises looking to update their mission-critical operations are approaching modernization in three ways – modernizing on the mainframe, integrating with the hyperscalers, or moving off to the cloud. Almost all respondents use a combination of approaches, by considering the capabilities of each platform and tailoring projects to their business and technical needs.

A key observation is that regardless of the chosen mainframe modernization approach, businesses report reduced costs and increased profitability by 9% to 11%. Average annual cost savings per organization are $25M, showing that mainframe modernization yields a positive return on investment. In addition to financial benefits, respondents indicate that transformation is fueling innovation by allowing them to take advantage of increased scalability and faster time to market.

Kyndryl’s survey uncovers that respondents share a common concern about security, no matter what transformation path they choose. Security is the most important factor noted (49%) in defining an organization’s transformation strategy. At the same time, it is one of the most crucial elements for the success of a mainframe modernization project and the most popular topic for training and upskilling. Concerns about declining mainframe skills are also cited as a major challenge for more than half of the organizations surveyed, and this skills gap represents job opportunities for rising technical talent. In fact, 74% of respondents say they rely on external firms to support them on the transformation due to their skills challenges.

“Our survey reveals that mainframes increasingly become an integral part of hybrid cloud environments and continue to drive business value. However, the lack of a skilled workforce to support and secure these mission-critical environments is a significant cause of anxiety for many businesses,” said Petra Goude, Global Practice Leader for Core Enterprise & zCloud at Kyndryl. “Finding a trusted advisor and integrator with deep expertise and experience is key to success – no matter where organizations are on their journey and how they aim to execute their transformation. The survey shows that maintaining the status quo is not a path to modernization or growth.”

Kyndryl commissioned Coleman Parkes Research to survey 500 decision-makers including CTO/CIOs, IT Directors and Business Leaders from enterprises across all industries and government, of different sizes, with different levels of dependency on the mainframe, and at different points in their modernization journey.

To learn more about the insights gathered on how respondents view mainframe transformation and application modernization, as well as the challenges, risks, and benefits related to their initiatives, go to: Kyndryl´s 2023 State of Mainframe Modernization Survey Report.

Gurugram, 15th September 2023 — In a remarkable turnaround story, Tulip Infratech, a prominent real estate company headquartered in Gurgaon, has been making headlines for its exceptional progress on the transformative Tulip Monsella project, known as one of the tallest Residential project in the millennium City

This project, which had once been on the brink of history due to previous setbacks, is now back on track and flourishing under Tulip Infratech’s leadership. The resounding support and trust of over 5000 homebuyers who have previously invested in Tulip projects have propelled Tulip to unveil Phase II of this prestigious project in record time.

The Phase II of Tulip Monsella spans over 3,50,000 square feet of development including high-end ultra-luxury apartments, duplexes & penthouses

The overall project spans over 20 acres on Golf Course Road, sector 53 and is estimated to be valued at more than 5000 crore. Originally initiated by another real estate player and subsequently stalled, Tulip Infratech stepped in as a beacon of hope for investors and homeowners alike.

Under Tulip Infratech’s capable stewardship, this ambitious project has witnessed significant strides. Having taken over the project in 2021 through negotiations with banks and the previous builder, Tulip Infratech has ambitious plans for Tulip Monsella. These plans include the construction of approximately 1,100 luxury apartments and 150 units designed for economically weaker sections, all thoughtfully integrated into 11 elegant towers. Additionally, two separate commercial buildings will complement this grand development.

Commenting on the phase-II launching of Tulip Monsella, Mr. Parveen Jain, Chairman of Tulip Infratech Pvt Limited, stated, “Today, we are thrilled to announce significant developments that showcase Tulip Monsella’s journey towards becoming a beacon of excellence in the real estate landscape. Phase-II is here for new buyers however our commitment to the 200 buyers who had previously invested with Vipul Ltd, is intact and ensure they will receive their flats at the originally agreed-upon location and cost as per their prior agreement with the developer”

Bengaluru,15th September 2023 Agilitas Sports, an innovation-led sportswear and Athleisure solutions platform, co-founded by Abhishek Ganguly, ex-MD, Puma (India & South-East Asia), has in a significant move, announced the acquisition of Mochiko Shoes Pvt Ltd, India’s largest sports footwear manufacturer for the domestic market.

“This acquisition augments Agilitas’ value proposition, by strengthening our supply chain in the rapidly growing sports footwear market. Mochiko’s manufacturing capabilities, operational excellence and strategic partnerships with leading global giants, positions us to address the Government’s clarion call to ‘Make in India’, and to cater to the rising aspirations of an economic superpower, with the largest youth population”, said Abhishek Ganguly, CEO & Co-Founder, Agilitas Sports.

Established in 2008, by Virender Awal and a co-founding team of five members, Mochiko Shoes registered a revenue of INR 642 crore in FY2023, and is estimated to grow by 30 per cent, Year-on-Year (Y-o-Y).

Virender Awal, Founder & CEO of Mochiko Shoes Pvt. Ltd., spoke about the acquisition, “Joining the Agilitas family propels our ambitions. We are now poised to enhance long-term investments, addressing the soaring demand in the Sports and Athleisure footwear sector. We envision multi-fold and multifaceted growth in our business over the next 5-6 years, adding jobs and livelihood.”

Today, Mochiko Shoes is a manufacturing partner to leading international brands, such as Adidas, Puma, New Balance, Skechers, Reebok, Asics, Crocs, Decathlon, Clarks, US Polo, among others.

With fully integrated, end-to-end manufacturing capabilities, Mochiko is the first sports footwear manufacturer in India to receive BIS licence, and is fully compliant to the soon-to-be-implemented Quality Control Orders (QCOs), by the Government of India. Additionally, all its units are ISO 9001, 14001 and 45001 certified.

The company has manufacturing units located in Dehradun and Rishikesh (Uttarakhand) as well as in the National Capital Region (NCR), of Noida. Mochiko employs nearly 10,000 individuals, across the length and breadth of its operations.

The founding team of Agilitas Sports comprises of Abhishek Ganguly, the former Managing Director of PUMA India and South East Asia, Atul Bajaj, former Executive Director – Sales and Operations of PUMA India, and Amit Prabhu, former Executive Director & Chief Financial Officer of PUMA India.