Archives December 2024

PHDCCI, under the aegis of its Banking, Financial Services and Insurance (BFSI) Committee and in collaboration with Pension Fund Regulatory and Development Authority (PFRDA) organized an Interactive session on National Pension System (NPS): Importance of Retirement Planning on 6th December, 2024 from 3.00 pm – 5.00 pm at PHD House, New Delhi.

The awareness programme underscored the pivotal role of retirement planning and aimed to encourage corporate entities and individuals to adopt NPS for long-term financial security.

Present on this occasion were senior officials of PFRDA including Ms. Mamta Shankar, Whole Time Member, PFRDA; Mr. Shachindra Nath, Chair, BFSI Committee, PHDCCI & Vice Chairman and Managing Director of UGRO Capital; Mr. Sumit Kumar, Chief General Manager, PFRDA; Mr. Sanil Nair, Director-Commercial, Mercer Consulting (India) Private Limited; Mr. Sumit Mohindra, CEO, ICICI Pension Management Co. Ltd.; Ms. Babeeta Sharma, Senior Secretary & HOD- BFSI Committee, PHDCCI and Mr. Sanjay Ahuja, Joint Secretary, PHDCCI.

During her keynote address, Ms. Mamta Shankar, Whole Time Member, PFRDA stated the urgent need for adequate retirement planning in India, particularly considering the challenges posed by an aging population and changing social dynamics.

She added that PFRDA has recently introduced NPS-Vatsalya, extending the benefits of NPS to minors and also mentioned that NPS is very cost effective and one of the cheapest pension products in the world.

She highlighted that NPS is digitally available, portable and flexible product earning inflation beating returns.

Mr. Shachindra Nath, Chair, BFSI Committee, PHDCCI & Vice Chairman and Managing Director of UGRO Capital said that retirement planning is very important for every individual. He emphasised that younger and future generations of India should contribute to the NPS for a better savings that will equally contribute to the growth capital as well as debt capital of the country.

The event featured notable discussions on the benefits of the NPS retirement scheme, led by Mr. Sumit Kumar, Chief General Manager, PFRDA. Mr. Sanil Nair, Director-Commercial, Mercer Consulting (India) Private Limited, shared insights on Importance of Financial/Retirement Planning, highlighting Global trends and India pension landscape. Additionally, Mr. Sumit Mohindra, CEO, ICICI Pension Management Co. Ltd., elaborated on the process of corporate onboarding under NPS and its advantages for corporates and its employees.

Attendees were able to engage directly with industry leaders and experts. This programme was a part of PFRDA’s ongoing efforts to enhance corporate participation in NPS and extend its benefits to a broader audience. Corporate entities, SMEs, and professionals were invited to join this interactive session and explore the vast opportunities offered by NPS for both employers and employees.

Ms. Babeeta Sharma, Senior Secretary & HOD- BFSI Committee, PHDCCI moderated the session and gave formal vote of thanks for the programme

10th December 2024 – Merino Industries Ltd. hosted the inaugural edition of Merino Manan, an exclusive evening celebrating thoughtful design solutions, on 4th December at the elegant Raajkutir Boutique Hotel, Kolkata. With the theme “Thoughtful Design Solutions by Merino,” the event brought together the crème de la crème of the city’s architect and interior design community, along with their partners, to explore how thoughtful designs can redefine user experiences.

Merino Manan aimed to strengthen relationships with key decision-makers and influencers within the industry. Speaking at the event, Mr. Manoj Lohia, Director, Merino Industries Ltd., remarked, “At Merino, we believe that design is not just about aesthetics or functionality; it is about creating meaningful solutions that resonate with the diverse needs of users. Through Merino Manan, we aim to foster conversations that inspire empathy and thoughtfulness in design, ensuring it meets both stated and unstated user expectations. This journey begins here in Kolkata, the City of Joy, with its rich cultural tapestry and vibrant design sensibilities.”

The event, held in a setting that echoed a museum or art gallery, showcased some of Merino’s latest offerings, reflecting the company’s commitment to thoughtful innovation. The Sampada Laminate Collection, inspired by Indian textiles such as Ikkat and Chikankari, stood out as a celebration of heritage craftsmanship fused with modern design. Additionally, Mystik, a new restroom cubicle model offering full height and privacy with a glossy finish—an industry first in India—captured attention as a testament to Merino’s dedication to addressing both functional and aesthetic needs.

Adding to the intellectual richness of the evening, two leading architects shared their philosophies on thoughtfulness in design, emphasizing how it can cater to diverse human experiences. Their insights highlighted the importance of empathy and inclusivity in creating spaces that go beyond functionality.

The evening’s highlight was a keynote address by Mr. Sanjoy Nag, renowned actor, director, and National Award-winning filmmaker. Drawing parallels between storytelling and design, he shared his thoughts on how empathy and thoughtfulness are vital to creating narratives—be it in cinema or architecture—that connect deeply with audiences. The keynote was followed by an engaging Q&A session, allowing attendees to explore these themes further in a collaborative discussion.

Merino Manan provided an intimate platform for architects, designers, and thought leaders to share stories and ideas that embody the essence of empathy in design. The discussions explored how thoughtful design can shape future spaces by addressing the needs of diverse user groups in terms of gender, language, food preferences, and more.

With this successful launch, Merino Manan promises to be a traveling platform, continuing to engage the design community across India’s major metros, fostering dialogue and partnerships that push the boundaries of design excellence.

December 2024 – Building on its legacy of innovation, Canon India, one of the leading digital imaging companies, today unveiled a new range of 10 printers across its PIXMA MegaTank and imageCLASS series. Designed to cater to diverse user needs for small and medium businesses (SMBs) small office/home office (SOHO), and enterprises, these printers are engineered to deliver exceptional print quality, enhanced productivity, and provide cost-effective solutions.

For home and SOHO consumers: PIXMA G4780, PIXMA G3780
Canon’s new PIXMA G3780 and G4780 printers, part of the refillable MegaTank series, are equipped with an automatic duplex printing feature designed to boost productivity for home offices and small businesses. This feature significantly reduces the time required for printing large volumes of documents. Additionally, the MegaTank G4780 includes an auto document feeder, enabling quick digitization of documents, making it an excellent choice for small enterprises with archival needs.

For SMB and Enterprise customers: imageCLASS LBP171dn, LBP172dw, LBP811cx, LBP468x, LBP732cx, MF284dw, MF286dn, MF289dw

Specially designed to meet the needs of small offices and workgroups in large enterprises, the all-new imageCLASS laser printer lineup includes two monochrome printers – the imageCLASS LBP171dn and LBP172dw, three monochrome multifunction laser printers – the imageCLASS MF284dw (Print, Scan, Copy), MF286dn, and MF289dw (Print, Scan, Copy, Fax), as well as two A3 printers- color imageCLASS LBP811cx and the monochrome LBP468x and one high-end color single-function A4 printer- LBP732cx. With an impressive minimum print speed of 33 ppm, the printers are also designed with efficiency and eco-friendliness in mind through features such as duplex printing and On-Demand Fixing technology.

Sharing his thoughts on the latest lineup, Mr. Toshiaki Nomura, President & CEO, Canon India said, “The shift towards hybrid work models has created a need for advanced, cost-efficient, and sustainable printing solutions. Fulfilling these demands, we are excited to introduce a new lineup of 10 state-of-the-art printers that combine higher print yields, robust security, and enhanced maintenance control—all powered by cutting-edge technology. These innovations not only simplify operations for users but also promote responsible printing practices, aligning with our commitment to sustainability. With this launch, we aim to empower businesses and individuals with tools that drive efficiency and value in the evolving work landscape.”

Speaking about the new lineup, Mr. C Sukumaran, Senior Director, Product & Communication at Canon India, said, “At Canon India, we are driven by a strong commitment to innovation and quality, to which our new line-up of printers stands as a testament. Adapting to today’s hybrid and digital work environments across SOHOs, SMEs and enterprises, the new printers, are designed to streamline workflows and maximize ROI. In line with our sustainability goals, we have integrated features like automatic two-sided printing, low power consumption, and high-yield consumables to reduce waste and lower operating costs. Additionally, these printers come equipped with robust data security and encryption, addressing the increasing need for secure, scalable solutions in both small businesses and large enterprises. With this launch, we aim to redefine the future of printing by providing cutting-edge, efficient, and sustainable solutions that meet the evolving needs of businesses, while promoting responsible printing practices.”

Cost Saving Solutions
Both MegaTank models are designed to reduce printing costs by utilising high-yield ink tanks that can print up to 6,000 pages for black-and-white documents and 7,700 pages1 for colour documents on a bundled set of four ink bottles. In the Economy mode , the printers can deliver up to 7,600 pages1 for black-and-white documents and 8,100 pages1 for colour documents. The printers are compatible with the GI-71s low-cost ink bottles, making them ideal for users with infrequent printing needs.

Easy Maintenance for Minimal Downtime
With easily replaceable print heads, the MegaTank G3780 and G4780 minimize downtime, allowing users to change them independently without requiring technical support. Additionally, the maintenance cartridges can be removed and replaced effortlessly, without the need for complex tools, ensuring quick maintenance and enhancing overall convenience and user-friendliness.

Boost Productivity and Streamline Efficiency
Equipped with On-Demand Fixing technology, the laser printers heat up quickly and deliver the first printout in just 5 seconds , —an essential feature for users who need to print only 2 to 3 pages at a time. For larger tasks, they can print up to 33 pages per minute (A4 Mono) and up to 38 pages per minute (A4 Color) making them perfect for a busy office environment. Designed with both efficiency and eco-friendliness in mind, all printers support two-sided printing, reducing paper consumption and minimizing environmental impact.

The multifunction imageCLASS MF280 series offers even more features to enhance office productivity. In addition to flatbed scanning, these models include an auto document feeder (ADF), allowing for seamless, multi-page document scanning. With the imageCLASS MF286dn and MF289dw, scanned documents can be directly uploaded to a shared folder or easily emailed to other users, simplifying document management and promoting collaboration.

Intuitive Operation and Easy Maintenance
The imageCLASS LBP170 series and MF280 series feature a 5-line LCD or a 6-line touchscreen LCD with a vari-angle operation panel for improved visibility. Alert messages and step-by-step instructions are displayed on the screen when simple troubleshooting is required, making these printers easy to operate, manage, and maintain.

The all-in-one toner cartridge design further simplifies the replacement process, minimizing downtime while ensuring consistent print quality and easy upkeep. In addition to the standard yield of up to 1,400 prints , users can choose a higher-yield option of up to 4,100 prints4 helping to lower the cost per page and reduce the frequency of toner cartridge replacements.

Seamless Connectivity and Enhanced Security
The imageCLASS LBP172dw, LBP811cx, LBP468x, LBP732cx, MF284dw, and MF289dw offer wireless connectivity, enhancing productivity and convenience by allowing printing from multiple devices without the need for cables. These models also feature TLS 1.3, IEEE 802.1X, and Verify System at Startup, providing IT administrators with robust network security to safeguard against potential threats. Additionally, users can print directly from their smart devices using compatible solutions such as Canon PRINT, Canon Print Service, AirPrint®, and Mopria® Print Service.

Further, supported by the latest WPA3 and TLS 1.3 standards, the inkjet printers’ Wi-Fi connectivity helps to safeguard against data snooping and allows users to print securely from distance. With the printers connected to the Internet and registered with Canon cloud service, users can also print documents wirelessly from their smart devices or scan them for storage in the cloud via the Canon PRINT mobile app.

Printing Tips
Users can also maximize the potential of the MegaTank G3780 and G4780 printers with the new Canon Printer Buddy app, available for free download on the Apple App Store and Google Play Store2 for residents in Asia. One key feature of the app is its collection of helpful articles that guide users on creative printing applications and offer tips for more ink-efficient printing. Additionally, users can stay updated on the latest news regarding Canon printer products.

December 10, 2024: DLabs at the Indian School of Business (ISB), in partnership with CitiusTech, has recently virtually unveiled the third cohort of its flagship healthcare accelerator programme, ‘I-HEAL @ ISB 3.0’. This initiative aims to strengthen the digital healthcare ecosystem in India by fostering innovation, supporting startups, and empowering healthcare professionals with advanced digital tools.

The launch event was graced by Mr. Manoj Balwani, Executive Vice President at CitiusTech, and Professor. Bhagwan Chowdhry, Faculty Director, I-Venture @ ISB. Both leaders emphasised the vital role of technology and entrepreneurship in addressing the nation’s critical healthcare challenges.

The programme has attracted 173 applications from startups across the country. After a rigorous selection process, 15 high-potential startups have been chosen to participate in the cohort. These ventures span diverse thematic areas, including digital health, women & children, healthcare disease diagnostics, healthcare management & infrastructure, and the geriatric population.

Meet the startups:
1. Prodoc AI: Simplifying patient interactions and driving growth.
2. Alfaleus Tech: Simplifying Glaucoma Care.
3. Remap Intelligence: Advanced Neuro Rehabilitation Solutions.
4. Piltover Technologies: IDA M-SERIES I – The world’s most functional mechanical prosthetic hand.
5. Cureous Labs: Eturnal – Intelligent Patient Repositioning Systems.
6. Chrogene Aarogyam: Non-Invasive Point of Care Diagnostics for Sickle Cell Disease.
7. Vidcare Innovations: Accessible, Convenient & Easy-to-Use Diagnostics for Anyone, Anywhere.
8. Tap Health: Simplifying early illness detection and hyper-personalized chronic care.
9. Onward Assist: A cancer analytics platform that assists pathologists in better cancer diagnosis.
10. SynerSense: Digital Therapeutics (DTx), Digital Human Motion, and Biomechanics Assessment.
11. Zeuron.ai: MiMo (Mind-Motion) – A Neuro-Computer Health Console.
12. Redicine Medsol: Redicine – Enhancing Lives with Medication Precision.
13. Femacare: Innovating to Revolutionize Women’s Health.
14. Kode Blue: Beyond the Siren – India’s First-Ever Advanced Emergency Management System.
15. Apex Cura: AI-powered SaaS platform for small and mid-sized hospitals.

Through I-HEAL ISB 3.0, these startups will benefit from ISB’s extensive network of mentors, investors, and industry leaders. The programme offers unparalleled access to hospital and investor partners, guidance on regulatory compliance, and hands-on mentorship to scale innovative solutions. A special focus will be on training healthcare workers with digital tools, ensuring last-mile healthcare delivery is more efficient and impactful.

December 10th, 2024: Shiprocket, India’s leading eCommerce enablement platform, announced the appointment of Vivek Sharma as Vice President of International Shipping. With over 35 years of extensive experience in international logistics, Vivek brings expertise in managing imports, exports, warehousing, eCommerce, return logistics, and air and sea freight. His leadership and vision will further solidify Shiprocket’s position as a trailblazer in the cross-border logistics space.

Vivek’s distinguished career includes pivotal roles such as Regional Director at DPD, Regional Sales Head at TNT and multiple entrepreneurial ventures in the last few years. His global exposure spans India, the UK, Hong Kong, Germany, the USA, Dubai, and other regions, where he has driven innovation and operational excellence in logistics. At Shiprocket, Vivek will focus on developing ShiprocketX and CargoX, expanding new verticals, line hauls, categories, products, and geographies.

India’s eCommerce export market, currently valued at USD.3-4 billion, is expected to grow exponentially to $200-300 billion by 2030. With government initiatives like eCommerce Export Hubs by DGFT, and the growing contribution of MSMEs, India is set to emerge as a global leader in digital trade. Shiprocket, already facilitating approximately $100 million in global eCommerce GMV with over 3,000 merchants engaged in exports, is well-positioned to lead this transformation. Vivek’s appointment aligns with Shiprocket’s ambition to tap into this growth potential, offering merchants advanced solutions to scale internationally.

Commenting on his new role, Vivek Sharma, Vice President of International Shipping, at Shiprocket, said, “Shiprocket has already made significant strides in revolutionizing cross-border trade, particularly by empowering MSMEs to seamlessly tap into global markets. I have witnessed firsthand how Shiprocket’s innovative approach is breaking down the complexities of international logistics, enabling small businesses to scale globally. This transformation is what inspired me to join the team. Having worked across different countries and industries, I am excited to now be part of Shiprocket’s journey. My focus will be on continuing to drive this growth, leveraging my experience to help further elevate India’s entrepreneurs on the global stage and help shape the future of cross-border trade.”

Akshay Ghulati, CEO of International Shipping at Shiprocket, said, “Our vision is to make ShiprocketX India’s leading cross-border trade platform, and with Vivek’s appointment, we are poised to take one step closer to our vision. Vivek’s deep expertise in international logistics and his proven track record of driving growth for global companies will be instrumental in accelerating our expansion. His experience of working across diverse geographies and industries aligns perfectly with Shiprocket’s expansion plans. We are excited to leverage his strong history in the logistics space as we continue to innovate and scale, building on our success and expanding India’s footprint in international trade.”

With Vivek’s expertise and strategic vision, Shiprocket is poised to bridge the gap between Indian businesses and global markets. By driving innovation in cross-border logistics, the company is committed to simplifying international trade for merchants, enabling seamless exports, and contributing to the growth of India’s eCommerce export economy. As Shiprocket continues to expand its footprint, it remains dedicated to empowering MSMEs and establishing India as a powerhouse in global digital commerce.

10th December 2024– Acies’ software for profitability management, Antares FCP, has been recognized by Chartis Research as a Category Leader in Fund Transfer Pricing, as part of the 2024 ranking of ALM systems. This recognition underscores the flexibility of Antares FCP to support business finance teams, as well as the no-code innovation that allows users to construct synthetic FTP curves and cost allocation from the front-end.

“Acies’ category leader placing in our FTP quadrant reflects several factors, not least its approach to business-line management,” said Maryam Akram, Research Principal at Chartis Research.

She adds, “Moreover, the solution offers automation and comprehensive support across key FTP components, including cost allocation, product pricing, and curve construction..”

Antares FCP, Acies’ profitability management solution, enables financial institutions to create asset-liability pools, boost margins, and streamline their approach to profitability management. Together with other products in the Antares product family, Antares FCP delivers unmatched decision-support by allowing financial institutions to run balance sheet simulations and evaluate NIM & profitability under a variety of scenarios.

“We remain committed to helping our clients overcome their FTP challenges using modern no-code technology, while strengthening their fund transfer pricing, cost allocation, and performance management frameworks” said Arindam Banerjee, Head of Business Development at Acies. He adds, “This recognition from Chartis Research is an endorsement of our dedication to providing seamless, high-performance technology that meets the evolving needs of the financial services industry.”

“We are proud of the positive impact we have achieved with our FTP solutions, and we remain focused on driving value and innovation for our clients.” added Abhinava Bajpai, Head of Acies TechWorks. He adds, “This recognition strengthens our commitment to excellence in the financial and risk technology space, and inspires us to continue delivering solutions that enable growth and performance.”

Acies’ consistent innovation, dedication to high-quality solutions, and expertise in FTP and profitability management has established it as a trusted partner in the balance sheet management space. As a leader risk, regulatory, finance and treasury technology, Acies delivers solutions that drive growth, ensure compliance, and foster long-term success for clients globally.
About Chartis Research

Chartis Research is a global leader in providing in-depth analysis and insights into the risk technology marketplace. Its research helps companies enhance risk management, corporate governance, and compliance while offering expert guidance to drive informed business and technology decisions

Winter can leave one’s skin feeling dull, dry, and lifeless, but FCL Skincare products are here to bring back the radiance one deserves. Specially formulated to combat the harsh effects of the season, the products deeply hydrate and replenish the skin, restoring its natural glow. Now say goodbye to dryness and flakiness with our nourishing solutions that lock in moisture and enhance skin elasticity.

Penta peel pads

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December 10, 2024: PokerBaazi, India’s biggest Poker platform, proudly announces the addition of Laksh Pal Singh, an accomplished Indian Poker professional, to its elite Team Pro lineup. Known for his strategic mastery and significant accomplishments in high-stakes tournaments, Laksh’s inclusion marks a pivotal moment for PokerBaazi’s mission of promoting Poker as a skill-based sport in India.

Laksh’s journey from discovering Poker during his auditing career in 2015 to representing India on international platforms is a testament to his dedication and expertise. Mentored by legends like Aditya Agarwal, Laksh has emerged as a prominent figure in the Indian Poker circuit, inspiring aspiring players through his achievements and gameplay. Laksh also emerged victorious during the recently concluded season 1 of The Circuit, an electrifying poker showdown featuring India’s top poker players, battling it out across international poker destinations.

Expressing his enthusiasm, Laksh shared, “Joining PokerBaazi as a Team Pro is a dream come true. I am honoured to contribute to the growth of Poker in India and mentor budding players while representing a platform that truly revolutionizes the Poker experience.”

As a PokerBaazi Team Pro, Laksh will play a multifaceted role, including mentoring up-and-coming talent, producing engaging content, and driving initiatives to grow the Poker community in India. He joins esteemed professional Abhishek Goindi, forming a powerhouse team committed to nurturing the next generation of Poker enthusiasts.

Navkiran Singh, CEO & Co-Founder of Baazi Games, remarked, “Having Laksh Pal Singh join PokerBaazi reflects our dedication to making Poker a mainstream sport in India. His passion and success resonate with our values, and we are confident that his association will inspire a new wave of talent.”

This partnership follows PokerBaazi’s recent collaboration with the World Poker Tour, reinforcing its commitment to providing players with world-class opportunities and experiences. By onboarding Laksh Pal Singh, PokerBaazi reaffirms its position as a pioneer in the Indian Poker landscape, setting the stage for unparalleled growth and innovation in the sport

December 10, 2024: Josh, India’s fastest-growing and most engaged short-video app, has unveiled an exciting new in-app feature—Instant Games—designed to enhance user interaction and drive revenue growth.

Launched in collaboration with ArcPlay.ai, a plug-and-play SDK for mobile apps, Instant Games introduces users to a fun and interactive way to earn rewards, amplifying engagement while unlocking untapped monetization potential. Featuring trending gaming titles spanning genres such as action, adventure, arcade, and puzzle, the feature promises something for everyone.

With India boasting over 591 million gamers, the introduction of Instant Games leverages the vast potential of casual gaming. This new feature introduces instant, ad-supported games that reward users with “Jems,” Josh’s in-app virtual currency, for their achievements, promoting longer app usage and boosting microtransactions.

Ravanan N, Business Head, Josh, said “Our goal is to make Josh not just a hub for short-video entertainment but also an interactive platform offering diverse experiences. The launch of in-app games is a step in that direction. Josh’s success with microtransactions, powered by Jems, has been a key revenue driver. We are excited about our partnership with ArcPlay.ai, where the joint efforts of both teams have resulted in a seamless feature launch and a truly engaging experience. We’re thrilled about the opportunities Instant Games unlocks in terms of user engagement and innovative monetization.”

“At ArcPlay.ai, our vision is to create a world where mobile users can transact in a fun way within any B2C app by playing games. We have closely followed the groundbreaking work of Verse Innovation, particularly with the Josh app, and were eager to collaborate and create meaningful value together. Thanks to the strong synergies between our product, tech, and monetization teams, we achieved seamless integration in record time, and the results speak for themselves.” said Avi Aggarwal, Co-Founder of ArcPlay.ai.

Early adoption of Instant Games has shown exceptional results, with users spending an average of 45 minutes per session, leading to a significant increase in ad impressions and microtransactions. This gaming expansion complements other innovative app features like Audio Calling and Audio Stories, further enhancing its multi-faceted engagement on the Josh platform. With the mobile gaming industry poised for unprecedented growth, Josh’s foray into gaming marks a significant milestone in its journey to deliver unmatched value and enhance in-app engagement.

10 December 2024 – RSWM Limited, the flagship company of the LNJ Bhilwara Group and one of India’s largest textile manufacturers, has announced the appointment of Mr. Rajeev Gupta as its Chief Executive Officer. With over 30 years of transformative leadership across various industries, Mr. Gupta brings unparalleled expertise in operational optimization, strategic vision, and technological advancement.

Known for his proficiency in driving operational excellence, Mr. Gupta has successfully applied Lean, Six Sigma, TPM, and TQM methodologies to streamline processes and enhance productivity. His experience spans the textile, home textile, and pulp & paper industries, with leadership roles at leading organizations including Reliance, Trident, and Vardhman. At these companies, he led initiatives that resulted in substantial EBITDA and revenue growth.

Under Mr. Gupta’s leadership, RSWM Limited is expected to accelerate its transformation initiatives, particularly in leveraging advanced technologies to improve efficiencies. His strategic approach is set to further solidify RSWM’s reputation for innovation, particularly as the textile industry faces rapid changes and evolving consumer demands.

Reflecting on his new role, Mr. Rajeev Gupta, Chief Executive Officer, RSWM Ltd. said, “RSWM has long been a leader in innovation and excellence in textiles, built on a strong legacy of operational excellence and sustainability. I am committed to advancing this foundation by adopting modern technologies and practices, driving efficiency, and meeting the evolving needs of the industry while reinforcing our dedication to sustainable value for stakeholders.”

Commenting on the appointment, Mr. Riju Jhunjhunwala, Chairman and Managing Director of RSWM Ltd, said, “Rajeev’s industry knowledge and exceptional leadership abilities are assets that will help us realize our business objectives. His strategic mindset, along with his operational expertise, will be important for us to strengthening our operations and expanding into new markets.”

With a history spanning over six decades, RSWM Limited continues to prioritize growth through market expansion, product diversification, and sustainability. Mr. Gupta’s appointment is expected to significantly enhance RSWM’s competitive edge, reinforcing its leadership position in the industry