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  • India’s Urban Commute Gets an Upgrade with BattRE’s New LOEV+ Electric Scooter

    With advanced safety, smart connectivity, and a 3-year battery warranty, LOEV+ is built for reliable daily rides.

    BattRE Electric Mobility, one of India’s fastest-growing electric vehicle (EV) manufacturers, has launched LOEV+, a high-performance and budget-friendly electric scooter designed for urban commuters. Featuring an IP67-rated Amaron battery, a top speed of 60 km/h, smart connectivity, and fast charging capabilities, LOEV+ aims to redefine electric mobility for Indian riders.
    Priced at ₹69,999 (ex-showroom) plus handling charges, the LOEV+ is among the most affordable high-speed electric scooters in India. With its 3-year warranty on both battery and charger, advanced safety features, and energy-efficient design, BattRE is targeting the growing shift toward eco-friendly urban transport in the country.
    The launch of LOEV+ comes at a time when India’s EV adoption is accelerating, driven by government incentives, rising fuel costs, and consumer demand for cleaner transport solutions. The new model is positioned to provide an affordable and reliable alternative to petrol scooters, making daily commuting smoother and more sustainable.

    Cutting-Edge Battery & Charging Technology
    LOEV+ is powered by an advanced 2kWh Amaron lithium-ion battery, designed to provide long-lasting performance and durability. The battery uses premium 21700 cells (5Ah), offering better energy efficiency and stability. Unlike conventional e-scooters that take longer to charge, the LOEV+ fully recharges in just 2 hours and 50 minutes, making it one of the fastest-charging electric scooters in its segment.
    The IP67-rated battery and charger ensure protection against water and dust, allowing the scooter to function reliably in diverse weather conditions, including heavy rains and dusty environments. This feature significantly enhances the scooter’s longevity and reliability, especially for riders in metro cities and tier-2 urban areas.
    With a 3-year warranty on both the battery and charger, BattRE aims to provide users with long-term peace of mind and cost savings on maintenance.

    Prioritizing Safety for Indian Roads
    Safety has been a core focus in LOEV+’s design, with features that cater to urban riding challenges. The combined disc-brake system improves braking efficiency, reducing stopping distance and ensuring greater rider control. A 180mm ground clearance makes it easier to navigate through India’s bumpy roads, potholes, and speed breakers, ensuring a smooth and stable ride.
    To prevent accidental acceleration while parked, the scooter includes a parking switch, enhancing rider security in crowded areas and on inclines. Additionally, the saree guard ensures added safety for pillion riders, making LOEV+ an ideal choice for families and working professionals.

    Smart Technology & Connectivity for a Better Ride
    LOEV+ is fully CAN-enabled, ensuring seamless communication between all vehicle components for improved efficiency and diagnostics. The scooter features Cruise Control, allowing riders to maintain a steady speed on highways and longer routes. The Hill Hold Assist system provides stability on inclined roads, making city commutes more effortless.
    The advanced digital speedometer displays crucial information, including distance to empty (DTE) and state of charge (SoC), helping riders track battery levels and plan their routes efficiently. These intelligent features set LOEV+ apart in the budget-friendly electric scooter segment, making it a tech-driven solution for modern commuters.

    A Sporty, Minimalist Design with Custom Color Options
    BattRE has crafted the LOEV+ with a sleek, minimalist, and sporty design, focusing on both aesthetics and functionality. The 12-inch alloy wheels offer better grip and handling, while LED dual lamps provide superior visibility at night.
    The LOEV+ is available in five stylish colors:

    • Starlight Blue
    • Pearl White
    • Midnight Black
    • Stormy Grey
    • Ice Blue

    With these modern and trendy color options, the LOEV+ allows riders to express their personal style while embracing the future of electric mobility.

    Performance & Riding Modes for Every Need
    LOEV+ comes with three distinct riding modes, allowing riders to optimize performance based on their needs:

    • Eco Mode – Maximum efficiency, offering a top speed of 35 km/h and a range of 90 km per charge.
    • Comfort Mode – A balance of speed and efficiency, reaching 48 km/h with a 75 km range.
    • Sports Mode – Designed for performance, achieving a top speed of 60 km/h with a 60 km range per charge.

    These riding modes make LOEV+ versatile for different commuting needs, from long-distance rides to short city commutes.

    A Word from BattRE’s Leadership
    Speaking at the launch, Nishchal Chaudhary, CEO & Managing Director of BattRE Electric Mobility, said:
    “LOEV+ is built with the future of urban commuting in mind. It is one of the most affordable high-speed scooters in India, packed with features that deliver performance, safety, and reliability. As India shifts towards electric mobility, we are committed to providing smart and sustainable solutions for our riders.”
    Pricing, Availability & Dealer Network
    LOEV+ is priced at ₹69,999 (ex-showroom) plus handling charges and is now available at 400+ BattRE dealerships across 21 states in India. The company has been expanding its dealer network to make EVs more accessible to customers nationwide.
    For further details, visit BattRE Electric Mobility.
    At Prittle Prattle News, we bring you deeply researched, high-impact storytelling that goes beyond the ordinary. From fashion’s most iconic moments to exclusive interviews with India’s greatest designers, we deliver stories that shape the industry. Follow us on LinkedIn, Instagram, and YouTube for exclusive updates.

  • With 5 Billion Kilometers Driven, TATA.ev Expands India’s Charging Network with 400,000 Charge Points & Mega Chargers

    TATA.ev partners with Tata Power, ChargeZone, Statiq, and Zeon to expand India’s EV charging infrastructure, ensuring seamless long-distance travel and urban accessibility.

    TATA.ev, India’s leading electric vehicle (EV) brand, is set to transform the country’s EV charging landscape with a massive expansion plan aimed at doubling India’s charging infrastructure. By 2027, the company plans to install 400,000 charge points, significantly increasing accessibility and convenience for EV owners across the nation. The initiative builds on TATA.ev’s experience of facilitating 5 billion electric kilometers driven across India.
    To accelerate this expansion, TATA.ev has launched Open Collaboration 2.0, partnering with leading Charge Point Operators (CPOs) such as Tata Power, ChargeZone, Statiq, and Zeon Charging. These collaborations will enable the installation of 30,000+ new public fast chargers in strategic locations, including major highways, metro cities, and tier-2 towns.

    The expansion includes the launch of the TATA.ev Mega Charger Network, featuring 500 ultra-fast charging stations strategically deployed to enhance long-distance travel. These Mega Chargers will offer high-speed, reliable charging, drastically reducing wait times. They will be open to all EV brands, but TATA.ev customers will enjoy priority access and lower tariffs.
    Alongside this, TATA.ev is introducing TATA.ev Verified Chargers, ensuring quality-assured infrastructure across the country. These certified chargers will meet high-performance and safety standards, reducing downtime and improving user experience. EV owners will be able to locate verified chargers in real-time, track availability, and make instant payments using the IRA.ev app, eliminating the need for multiple apps.

    Since 2019, TATA.ev has played a pivotal role in building India’s EV charging ecosystem, pioneering home, community, and public charging solutions. The company has already installed over 1.5 lakh private/home chargers, deployed 2,500+ community chargers, and set up 750 dealership-based chargers to support growing EV adoption. In just 15 months, India’s public charging infrastructure has doubled, crossing 18,000 charge points nationwide.
    With Open Collaboration 2.0, TATA.ev is ensuring that India’s transition to electric mobility is seamless, efficient, and future-ready. By providing a unified Charging Helpline, AI-powered insights, and seamless payment solutions, TATA.ev is making charging as convenient as refueling a petrol or diesel vehicle.

    This initiative cements TATA.ev’s position as India’s EV ecosystem leader, actively driving sustainable transportation and supporting government efforts to accelerate EV adoption. By 2027, India will have one of the largest and most advanced EV charging infrastructures globally, thanks to TATA.ev’s bold expansion strategy.
    At Prittle Prattle News, we bring you deeply researched, high-impact storytelling that goes beyond the ordinary. From fashion’s most iconic moments to exclusive interviews with India’s greatest designers, we deliver stories that shape the industry. Follow us on LinkedIn, Instagram, and YouTube for exclusive updates.

  • How 155 Internet Shutdowns in 2023-24 Cost India’s Economy and Silenced Voices: SFLC.in Report to Reveal

    SFLC.in’s second edition of ‘Let the Net Work 2.0’ uncovers how frequent internet blackouts are impacting India’s democracy, economy, and digital rights.

    Software Freedom Law Centre, India (SFLC.in), a leading nonprofit advocating for digital rights, will release its Internet Shutdown Report 2024 on February 17, 2025. Titled ‘Let the Net Work 2.0,’ this second edition builds on SFLC.in’s earlier findings, presenting a comprehensive analysis of 155 internet shutdowns imposed across India in 2023-24. The report sheds light on the economic damage, disruption of essential services, suppression of dissent, and legal concerns surrounding internet blackouts.
    The launch event, set to be held virtually, will feature legal experts, journalists, and policymakers discussing the report’s findings and the increasing use of internet shutdowns as a governance tool in India. Notable speakers include Anuradha Bhasin, Managing Editor of The Kashmir Times, and Vrinda Grover, Supreme Court advocate known for her work in digital rights and free speech cases.

    India’s Internet Blackout Crisis: Leading the World in Shutdowns
    According to SFLC.in’s Internet Shutdown Tracker, India continues to lead the world in government-imposed internet shutdowns, surpassing even conflict-ridden nations like Myanmar (37 shutdowns) and Iran (34 shutdowns) in 2023. Despite Supreme Court rulings emphasizing internet access as a fundamental right, state governments have increasingly used blackouts as a means to control information, particularly during protests, political unrest, and examinations.
    Mishi Choudhary, Founder of SFLC.in, remarked on the report’s significance, stating, “Internet shutdowns disrupt lives, silence voices, and curb opportunities in unimaginable ways. With ‘Let the Net Work 2.0,’ we aim to highlight the devastating consequences of these shutdowns and urge policymakers to uphold digital freedoms. Internet access is not a privilege but a necessity, and we must protect this right for every citizen.”

    The Economic Toll of Internet Blackouts
    One of the most alarming findings in the report is the massive financial losses incurred due to internet shutdowns. India’s economy suffered an estimated ₹24,000 crore ($2.9 billion) in losses in 2023-24 alone, affecting industries such as IT, e-commerce, banking, and education. Startups, small businesses, and freelancers were hit hardest, with many experiencing delayed transactions, canceled contracts, and revenue losses.
    Key economic impacts of internet shutdowns:

    • E-commerce and Digital Payments: UPI transactions and mobile banking were severely disrupted in regions facing prolonged blackouts.
    • IT and Outsourcing Industry: Businesses faced missed deadlines and disrupted workflows, particularly in tech hubs like Bangalore and Gurugram.
    • Freelancers and Small Businesses: Many lost international clients and projects due to unexpected connectivity issues.
    • Stock Market and Financial Sector: Trading activities slowed down in regions where the internet was suspended, affecting market participation.

    Impact on Education and Healthcare
    Internet blackouts also had severe consequences for education and healthcare. The report documents cases where students were unable to access online classes, submit applications, or attend virtual exams. Telemedicine services were also interrupted, leaving patients in remote areas without timely medical consultations.Vrinda Grover, Supreme Court advocate and digital rights expert, emphasized, “The government’s increasing use of internet shutdowns directly violates the right to education and access to information. There must be legal accountability for these arbitrary blackouts.”

    Legal Challenges and Court Rulings
    The report examines key legal battles challenging internet shutdowns in India. One of the most significant cases highlighted is Anuradha Bhasin v. Union of India (2020), where the Supreme Court of India ruled that internet access is a fundamental right under Article 19 of the Constitution. Despite this landmark judgment, governments continue to impose shutdowns under the Temporary Suspension of Telecom Services Rules, 2017, often citing vague national security concerns.
    The report also explores judicial interventions in cases such as Arunachal Pradesh v. Union of India, where courts questioned the necessity of blanket shutdowns for maintaining law and order. SFLC.in argues for stricter judicial oversight to prevent arbitrary internet suspensions.

    The Role of SFLC.in’s Internet Shutdown Tracker
    SFLC.in has been actively monitoring and documenting government-imposed internet blackouts through its Internet Shutdown Tracker. The tracker provides real-time updates on internet suspensions, offering transparency on where, when, and why shutdowns occur. It serves as a critical tool for journalists, researchers, and human rights organizations tracking the erosion of digital freedoms in India.
    Syed Mohammad Haroon, Volunteer Legal Counsel at SFLC.in and project lead for the tracker, stated, “Our tracker exposes the alarming rise in internet shutdowns across India. Transparency is the first step toward accountability, and we urge citizens to stay informed about their digital rights.”

    What to Expect from the Report Launch Event
    The virtual launch of ‘Let the Net Work 2.0’ on February 17, 2025, will feature discussions with key stakeholders advocating for digital rights, press freedom, and legal reform. Speakers include:
    • Anuradha Bhasin – Managing Editor, The Kashmir Times
    • Vrinda Grover – Supreme Court Advocate
    • Felicia Anthonio – KeepItOn Campaign Manager, Access Now
    • Syed Mohammad Haroon – SFLC.in Legal Counsel & Internet Shutdown Tracker Lead
    The event will focus on policy recommendations for limiting the misuse of shutdowns and protecting digital rights in India.
    Software Freedom Law Centre, India (SFLC.in) is a donor-supported legal services organization working to protect freedom of speech, privacy, and digital rights. Since its founding in 2010, SFLC.in has advocated for open internet policies, innovation, and access to information, collaborating with lawyers, policy experts, and technologists to safeguard India’s digital ecosystem.
    At Prittle Prattle News, we bring you deeply researched, high-impact storytelling that goes beyond the ordinary. From fashion’s most iconic moments to exclusive interviews with India’s greatest designers, we deliver stories that shape the industry. Follow us on LinkedIn, Instagram, and YouTube for exclusive updates.

  • ₹2,250 Crore Power Surge: Sterlite Power Charges Ahead in India’s Energy Revolution

    With its largest-ever order wins, Sterlite Power reinforces its commitment to strengthening India’s green energy transmission and power grid infrastructure.

    India’s energy sector is witnessing a transformational shift, with Sterlite Power securing new orders worth ₹2,250 crore in the third quarter of FY25, marking its highest order book win this financial year. Additionally, the company has secured L1 positions in orders worth ₹650 crore, further solidifying its role as a key player in India’s power transmission landscape.
    These new contracts span high-performance power conductors, Optical Ground Wire (OPGW), power cables, and Engineering, Procurement, and Construction (EPC) services, reinforcing India’s push for a modernized, efficient, and resilient power grid.

    According to Sterlite Power’s official announcement, these projects will support India’s clean energy transition, improve power transmission efficiency, and expand the company’s international footprint across the Americas, Europe, Africa, and the Middle East.
    “We are seeing immense traction from both domestic and international markets, indicating a promising future for the global transmission space,” said Reshu Madan, CEO, Global Products and Services, Sterlite Power. Our commitment to pioneering technology and delivering high-quality products has been key to our success. The repeat orders for 144-fiber count OPGW cables and large EPC contracts further reinforce our leadership in the power transmission sector.

    Sterlite Power’s Key Order Wins: Strengthening India’s Energy Backbone
    The latest ₹2,250 crore order wins span multiple segments of Sterlite Power’s Global Products and Services (GPS) business, focusing on high-efficiency energy transmission solutions.
    High-Performance Conductors & Optical Ground Wire (OPGW)
    Sterlite Power has secured significant orders for high-performance conductors supporting green energy transmission projects across Rajasthan, Gujarat, Haryana, and Maharashtra. These projects are crucial in connecting 42 GW of renewable energy to India’s national grid, aligning with India’s target of achieving 500 GW of non-fossil fuel-based capacity by 2030, as outlined by MNRE.
    Additionally, the company has received major OPGW orders from Power Grid Corporation of India (PGCIL) and multiple state utilities, enhancing grid reliability and enabling seamless data transmission across the power infrastructure.
    Expansion in Power Cables: Strengthening Grid Connectivity
    Sterlite Power continues to dominate the wire and cable market, winning contracts for Medium Voltage (MV), High Voltage (HV), and Extra High Voltage (EHV) cables. These orders are primarily for state utility projects, further expanding the company’s footprint in India’s rapidly evolving electricity distribution sector.
    Specialized EPC Services: Driving Next-Gen Transmission Solutions
    Sterlite Power’s Engineering, Procurement, and Construction (EPC) division has secured contracts from leading utilities, including a major PGCIL order for OPGW installation across a 1,900 km stretch. The company has also bagged key EPC contracts with Damodar Valley Corporation (DVC) and Gujarat Energy Transmission Corporation (GETCO), showcasing its ability to deliver end-to-end power transmission solutions.

    How Sterlite Power is Advancing India’s Green Energy Goals
    India’s electricity demand is projected to double by 2040, and the transition to renewable energy requires robust transmission infrastructure. Government initiatives such as Green Energy Corridors (GECs), interstate transmission system strengthening, and digital grid modernization are all critical components of this transformation.
    By deploying high-performance conductors and fiberized grids, Sterlite Power is directly contributing to:

    • Reducing transmission losses and improving energy efficiency.
    • Enabling faster integration of solar and wind energy into the national grid.
    • Enhancing grid resilience against climate-related disruptions.

    Expanding Global Footprint: Sterlite Power’s Presence Beyond India
    Sterlite Power has successfully positioned itself as a global leader in power transmission solutions, exporting high-performance conductors and OPGW cables to over 70 countries. The latest order wins further strengthen its presence in key international markets, including the Americas, the European Union, Africa, and the Middle East.
    With a strong focus on cutting-edge energy transmission solutions, Sterlite Power is advancing its vision of a future-ready power grid that seamlessly integrates renewable energy while ensuring uninterrupted electricity supply across urban and rural regions.

    Industry Experts on Sterlite Power’s Market Positioning
    According to CEA (Central Electricity Authority), India’s power transmission sector is witnessing one of the largest upgrades in history, with investments in smart grids, digital substations, and high-voltage DC transmission.
    Industry analysts believe Sterlite Power’s latest ₹2,250 crore order wins position it as a key enabler of India’s power infrastructure transformation.
    A senior energy consultant at IEEMA (Indian Electrical & Electronics Manufacturers’ Association) stated, “Sterlite Power’s continued growth in transmission infrastructure is a testament to the increasing demand for advanced grid solutions. With these new orders, the company is poised to play a major role in shaping India’s future energy landscape.”

    About Sterlite Power
    Sterlite Power is a leading private sector power transmission infrastructure developer and global supplier of power products and services.
    The company specializes in:
    • High-performance conductors & OPGW cables for efficient transmission.
    • Extra-high voltage (EHV), high voltage (HV), and medium voltage (MV) cables.
    • Specialized EPC turnkey solutions for grid expansion, uprating, and fiberization.
    With four state-of-the-art manufacturing facilities and a strong innovation-driven approach, Sterlite Power is transforming power transmission across India and globally.
    Final Thoughts
    Sterlite Power’s record-breaking ₹2,250 crore order wins mark a significant milestone in India’s power sector. With a focus on green energy transmission, advanced power grid solutions, and global market expansion, the company is poised to play a critical role in India’s energy transition.
    As demand for efficient, resilient, and sustainable power infrastructure grows, Sterlite Power continues to lead the charge, ensuring that India’s power grid is future-ready and capable of supporting the nation’s ambitious energy goals.
    At Prittle Prattle News, we bring you deeply researched, high-impact storytelling that goes beyond the ordinary. From fashion’s most iconic moments to exclusive interviews with India’s greatest designers, we deliver stories that shape the industry. Follow us on LinkedIn, Instagram, and YouTube for exclusive updates.

  • From Funding to Unicorns: SIDBI’s Multi-Billion Investment Impact in India’s Startup and MSME Sectors Unveiled at IVCA Conclave 2025

    With 1,200 startups supported, 22 unicorns created, and ₹2,107 crore invested in Tier-2 and Tier-3 cities, SIDBI’s impact on India’s entrepreneurship landscape is undeniable.

    Small Industries Development Bank of India (SIDBI) reaffirmed its pivotal role in shaping India’s startup and MSME ecosystem at the IVCA Conclave 2025. Shri Sudatta Mandal, Deputy Managing Director of SIDBI, addressed a distinguished audience of investors, policymakers, entrepreneurs, and venture capitalists at Trident Hotel, Nariman Point, Mumbai, shedding light on SIDBI’s transformative initiatives and its multi-billion investment in India’s entrepreneurial landscape.
    In his keynote speech, Shri Sudatta Mandal emphasized how SIDBI’s financial instruments, equity investments, venture capital support, and debt financing, have fueled India’s startup success story, positioning the nation as the third-largest startup ecosystem in the world.
    “Today, India stands at the forefront of global entrepreneurship. Our startup ecosystem, backed by robust policies, innovation, and sustained capital infusion, has seen exponential growth. At SIDBI, we take pride in being a catalyst for this transformation by enabling startups and MSMEs to access essential funding, scale operations, and drive economic progress,” he stated.

    SIDBI’s ₹10,000 Crore Fund of Funds: Powering India’s Startup Growth
    At the heart of SIDBI’s impact is the Fund of Funds for Startups (FFS), launched in collaboration with DPIIT (Department for Promotion of Industry and Internal Trade), with an initial ₹10,000 crore corpus aimed at strengthening India’s venture capital ecosystem. Shri Mandal revealed that the entire fund corpus was committed by December 2023, well ahead of the March 2026 deadline, marking a historic milestone in India’s domestic investment landscape.
    We started with a vision to mobilize domestic capital and reduce India’s dependence on foreign VC funding. Today, the Fund of Funds has not only facilitated ₹91,000 crore in investments but has also created a multiplier effect, ensuring sustained capital availability, Shri Mandal noted.
    The success of FFS extends beyond capital deployment, it has played a pivotal role in fostering indigenous investment capabilities. Over ₹2,107 crore has been invested in 177 startups across Tier-2 and Tier-3 cities, enabling startups beyond metropolitan hubs to access funding and scale effectively.

    From Emerging Ventures to Unicorns: SIDBI’s Direct Impact on Startup Growth
    SIDBI’s investments have directly contributed to the emergence of 22 unicorns, a significant achievement in India’s fast-growing venture capital and startup ecosystem. By bridging funding gaps, facilitating access to equity capital, and partnering with venture capital funds, SIDBI has unlocked new opportunities for high-growth startups in fintech, deep tech, health tech, agritech, and SaaS (Software-as-a-Service).
    Moreover, FFS-backed startups have created over 2 lakh direct jobs, highlighting SIDBI’s broader economic impact beyond investments.

    Strengthening India’s MSME Sector Through Policy and Financial Innovation
    Beyond startups, SIDBI remains a cornerstone for India’s Micro, Small, and Medium Enterprises (MSMEs), a sector that accounts for over 30% of India’s GDP. Through innovative financing models like credit guarantee schemes, priority lending initiatives, and customized financial products, SIDBI has empowered millions of MSMEs across India.
    Our mission is to ensure that startups and MSMEs receive the necessary resources, infrastructure, and financial backing to drive sustainable economic growth, Shri Mandal emphasized.
    SIDBI has also been instrumental in implementing SIDBI Cluster Development Fund (SCDF), which has enhanced access to credit for SME clusters, fostering competitiveness in sectors like manufacturing, logistics, renewable energy, and digital commerce.

    IVCA Conclave 2025: A Hub for Policy, Investment, and Growth
    The IVCA Conclave 2025 brought together global and domestic venture capitalists, private equity leaders, policy think tanks, and government representatives, aiming to shape the future of India’s alternative investment landscape. Indian Venture and Alternate Capital Association (IVCA), India’s apex industry body for venture capital and private equity, plays a key role in driving investment policies and advocating for an entrepreneur-friendly regulatory environment.
    At Prittle Prattle News, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.

  • Rising Demand for Bio-Based Chemicals and Ethanol Fuels Godavari Biorefineries’ Q3 FY25 Growth

    With revenue reaching ₹447.3 crore, Godavari Biorefineries accelerates capacity expansion and technology licensing in bio-based chemicals and ethanol.

    Godavari Biorefineries Limited (GBL), a leader in ethanol production and bio-based chemical manufacturing, has reported a 12% increase in revenue year-on-year for the third quarter of FY25. The company’s revenue rose to ₹447.3 crore, up from ₹398.0 crore in Q3 FY24, driven by its expansion in ethanol and bio-based chemicals. GBL recorded an EBITDA of ₹39.7 crore and a profit after tax (PAT) of ₹5.8 crore, demonstrating resilience in a dynamic industry.
    The company continues to focus on expanding its ethanol division and diversifying into bio-based chemicals, solidifying its position as a key player in India’s renewable energy and chemical sectors. Investments in capacity expansion, technology licensing for Bio-Butanol and higher alcohols, and the establishment of a new corn/grain-based distillery are part of its long-term strategy to strengthen operational efficiency and drive sustainable growth.

    Strategic Expansion and Ethanol Growth Strengthen Performance
    Under the leadership of Samir Somaiya, Chairman and Managing Director of GBL, the company has reinforced its focus on innovation-driven bio-refining. GBL is a key contributor to India’s ethanol-blending program, supporting the nation’s transition toward renewable fuel solutions.
    The ethanol division continued to see strong demand, with sales increasing to 25,171 KL in Q3 FY25, an 11% year-on-year rise. The company’s strategic decision to expand higher-grade ethanol production has positioned it as a crucial player in India’s clean energy transformation.
    Alongside ethanol, GBL has expanded its bio-based chemicals portfolio, driven by the rising demand for sustainable industrial solutions. The recently completed capacity expansion of 1,3 Butylene Glycol is a significant milestone, enabling the company to cater to growing demand in the cosmetics, pharmaceuticals, and industrial sectors.

    Investments in Technology and Infrastructure for Future Growth
    GBL’s long-term vision includes strengthening technology capabilities and expanding manufacturing capacity. The company has secured technology licenses for Bio-Butanol and higher alcohols, creating new revenue streams in specialty chemicals and renewable fuels.
    In a move to enhance ethanol production, GBL has initiated the development of a new corn/grain-based distillery, complementing its existing sugarcane-based ethanol production facilities. This investment is expected to improve supply chain flexibility and reduce dependency on seasonal raw materials.
    GBL has also taken significant steps toward financial optimization, utilizing IPO proceeds to reduce term debt. This move aligns with its focus on maintaining a strong balance sheet and improving capital efficiency, setting the stage for long-term profitability.

    Government Policy Support and Industry Growth Prospects
    The Indian government’s approval of sugar exports in January 2025 has created a positive market outlook for ethanol and bio-chemical manufacturers. Improved pricing in the sugar industry is expected to support ethanol producers, further stabilizing revenue streams for companies like GBL.
    GBL’s alignment with India’s ethanol blending policy and sustainability initiatives positions it as a major contributor to India’s renewable energy and chemical industry expansion. With favorable policy developments and continued investments in innovation, the company is well-positioned for sustained growth.
    Leadership Perspective on GBL’s Growth Strategy
    Commenting on the Q3 FY25 performance, Samir Somaiya stated, We are committed to expanding our presence in ethanol and bio-based chemicals, ensuring long-term sustainability and innovation. The recent government approval for sugar exports strengthens the industry outlook, and our focus remains on cost optimization, efficiency, and expanding our product portfolio. With technology licensing, capacity expansion, and debt reduction, we are positioned for continued success in the coming quarters.

    About Godavari Biorefineries Limited
    Godavari Biorefineries Limited is one of India’s leading ethanol and bio-based chemical manufacturers. With a diverse product portfolio, including ethanol, rectified spirits, bio-based chemicals, and renewable power, the company is at the forefront of India’s clean energy transition. GBL continues to expand its capabilities in bio-refining and industrial chemical solutions, reinforcing its commitment to sustainability and innovation.
    Final Thoughts
    GBL’s Q3 FY25 performance highlights its ability to navigate market fluctuations while driving revenue growth through strategic expansion. With a strong focus on ethanol production, technology investments, and financial stability, the company is well-positioned for sustained success in India’s renewable energy and chemical markets.
    At Prittle Prattle News, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.

  • Resilient Growth & Stronger Margins Mark Bata India’s Q3 FY25 Performance

    Hush Puppies’ double-digit growth, festive brand collaborations, and digital expansion propel Bata India’s market reach in Q3 FY25.

     Bata India Limited has reported steady growth in the third quarter of FY25, with revenue reaching Rs. 9185 million, reflecting a 1.7% increase over the same period last year. The company recorded a profit after tax (PAT) of Rs. 582 million, supported by stronger margins and cost management efforts.
    The company’s EBITDA stood at Rs. 2087 million, with margins improving by 141 basis points, highlighting efficiency in operations and business expansion. The results also included a one-time exceptional cost of Rs. 108 million for a Voluntary Retirement Scheme (VRS) at one of its factories, a move aligned with Bata India’s long-term plan to enhance its supply chain and streamline operations.

    Premium Footwear Sales and Digital Expansion Boost Performance
    Under the leadership of Gunjan Shah, Managing Director and CEO of Bata India, the company saw a rise in demand for its premium footwear brands, particularly Hush Puppies, which posted double-digit growth. The growing preference for comfort and style among consumers has contributed to this trend.
    Bata India also strengthened its digital presence through a revamped website and expansion into quick-commerce platforms, ensuring faster and more convenient access to its products. The omni-channel strategy, which integrates online and offline retail, has helped the company serve both metropolitan and smaller-town markets, making it easier for customers to shop across platforms.

    Festive Season Impact and Brand Collaborations
    Bata India’s festive marketing strategy played a key role in boosting customer engagement. The launch of the Hush Puppies ‘The Party Ready’ collection, featuring Jim Sarbh, attracted a strong response from customers looking for stylish and comfortable footwear. The company also introduced Vir Das as the India ambassador for Hush Puppies, further strengthening the brand’s position in the premium footwear category.
    The continued association with Kartik Aaryan helped Bata India appeal to younger consumers, ensuring that its products stay relevant in a competitive market. These brand collaborations contributed to the growth of premium footwear sales and increased Bata’s presence across multiple customer segments.

    A Strong Focus on Growth and Affordability
    Despite a challenging market, Bata India has remained focused on driving volume-led revenue growth by making its products more affordable while keeping pace with global fashion trends. The company’s prolonged End of Season Sale (EOSS) helped clear ageing inventory, allowing fresh collections to reach stores faster.
    Bata India’s extensive retail network of over 1900 stores and a strong presence in multi-brand outlets and digital marketplaces have positioned the company as a leader in the footwear industry. The company continues to expand into tier 2 and tier 3 cities, ensuring access to quality footwear for a wider customer base.

    About Bata India
    With a history of nearly 100 years, Bata India has become a trusted name in footwear, serving over 260,000 customers daily in 2024. As India’s largest footwear retailer and manufacturer, Bata India sells nearly 50 million pairs annually, covering categories such as affordable, athleisure, premium, and children’s footwear.
    Bata India’s brand portfolio includes Bata Red Label, offering contemporary global styles, Bata Comfit, focused on comfort-driven everyday wear, Power, recognized for fitness sneakers and apparel, NorthStar, catering to the growing sneaker trend, Floatz, featuring clogs and slip-ons, Bubblegummers, specializing in children’s footwear, and Hush Puppies, known for its comfort and elegance.
    Final Thoughts
    Bata India’s strong Q3 FY25 performance reflects its ability to adapt to market trends while improving efficiency and growing its premium product lines. The company’s focus on digital expansion, affordability, and brand collaborations has positioned it for continued growth in India’s dynamic footwear market.
    At Prittle Prattle News, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.

  • Transforming Rishikesh’s Wellness Landscape: Chalet Hotels’ New Chapter With The Westin Resort & Spa

    With a Rs. 5.3 billion investment, Chalet Hotels strengthens its presence in Rishikesh, the heart of India’s wellness and spiritual tourism.

    Mumbai, February 10th, 2025: Chalet Hotels Limited (CHL), a part of K Raheja Corp, has announced its acquisition of The Westin Resort & Spa, Himalayas, a luxurious 141-room property nestled in the serene foothills of the Himalayas. This move marks a strategic step in CHL’s expansion into India’s high-growth wellness, leisure, and spiritual tourism markets, positioning the company at the forefront of transformative hospitality experiences.
    The acquisition involves the purchase of a 100% stake in Mahananda Spa and Resorts Private Limited, the owning company of The Westin Resort & Spa, Himalayas, from Mankind Pharma Limited. With an enterprise value of Rs. 5.3 billion, CHL is now in the process of finalizing the definitive agreement. This acquisition complements CHL’s mission to redefine premium hospitality while unlocking new avenues of growth in a booming tourism segment.
    Opened in January 2023, The Westin Resort & Spa, Himalayas, has already established itself as a destination for luxury, wellness, and tranquility, achieving an ADR (Average Daily Rate) of over Rs. 26,000 and an occupancy rate of 45% as of YTD December 2024. These impressive figures highlight the resort’s significant contribution to the region’s growing reputation as a wellness hub.

    A Jewel in the Heart of Rishikesh
    Strategically located near the spiritual hub of Rishikesh, often referred to as the “Yoga Capital of the World,” The Westin Resort & Spa is surrounded by the breathtaking beauty of the Himalayan foothills. The property is easily accessible, being just 45 minutes from Jolly Grant Airport in Dehradun, making it an ideal getaway for both domestic and international travelers.
    The resort offers 141 tastefully designed rooms, providing panoramic views of the Himalayas and the lush Ganges River valley. With over 10,000 sq. ft. of event space, the property caters to weddings, corporate retreats, and social gatherings. Its Grand Ballroom is the largest in the region, while the expansive outdoor lawns create a picture-perfect backdrop for weddings and cultural events.
    A key highlight is the Heavenly® Spa by Westin, which blends traditional Himalayan therapies with modern wellness practices, making it a sought-after destination for rejuvenation. Additionally, the WestinWorkout® Fitness Studio caters to guests seeking an active lifestyle amidst serene surroundings. The property also boasts world-class dining options that combine local flavors with international cuisines, enhancing the overall guest experience.

    Leadership Vision and Strategy
    Speaking about the acquisition, Dr. Sanjay Sethi, Managing Director and CEO of Chalet Hotels Limited, stated, This acquisition is a significant milestone in our journey to expand Chalet Hotels’ footprint in India’s high-growth luxury and leisure segment. The Westin Resort & Spa, Himalayas, is more than just a property—it’s a wellness destination that perfectly aligns with our vision of creating transformative guest experiences. With this addition, we aim to cater to evolving traveler preferences, offering them the best of both worlds: luxury and tranquility.
    Dr. Sethi added that Rishikesh’s growing prominence as a hub for spirituality, yoga, and wellness makes it an ideal destination for Chalet Hotels’ next chapter. The acquisition reinforces the company’s commitment to delivering world-class hospitality while supporting the local economy through sustainable tourism.

    Chalet Hotels’ Legacy of Excellence
    Chalet Hotels Limited is an industry leader in India’s hospitality sector, with a diversified portfolio of 10 operating hotels and resorts featuring over 3,052 keys under globally recognized brands such as JW Marriott, The Westin, and Novotel. The company has another ~1,000 rooms under development, further strengthening its position as a pioneer in high-end hospitality.
    As part of its commercial real estate ventures, Chalet Hotels is augmenting its portfolio from 2.4 million sq. ft. to 3.3 million sq. ft., creating a robust pipeline of growth. The company’s commitment to sustainability is reflected in its Dow Jones Sustainability Index (DJSI) score of 57 and its participation in global climate initiatives like RE100, EP100, and EV100.

    The Future of Rishikesh Tourism
    This acquisition marks a turning point for Rishikesh, placing it firmly on the map as a global destination for luxury and wellness tourism. With Chalet Hotels’ operational expertise and The Westin Resort & Spa’s existing reputation for excellence, the region is poised to attract a new wave of travelers seeking immersive wellness experiences.
    As India embraces the Atmanirbhar Bharat initiative and focuses on developing its tourism and hospitality infrastructure, Chalet Hotels’ strategic investments are contributing to the nation’s economic and cultural growth. By blending luxury with tradition, The Westin Resort & Spa is set to redefine hospitality in one of India’s most iconic locations.
    Chalet Hotels Limited, part of the K Raheja Corp group, is an owner, developer, and operator of premium hotels and resorts in India. With a legacy of delivering world-class hospitality experiences, Chalet Hotels is recognized for its commitment to innovation, sustainability, and excellence in service.
    Final Thoughts
    With the addition of The Westin Resort & Spa, Himalayas, Chalet Hotels has embarked on a new journey of luxury, wellness, and transformative hospitality. This acquisition not only enhances Chalet Hotels’ portfolio but also sets the stage for the company’s growth in India’s burgeoning leisure and wellness tourism sector. As The Westin Resort & Spa welcomes travelers to Rishikesh, it stands as a beacon of serenity, elegance, and modern luxury, reflecting the essence of what Chalet Hotels strives to deliver.
    At Prittle Prattle News, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.

  • Breaking Boundaries at Aero India 2025: ‘Infinix’ Marks BEML’s Next Chapter

    Redefining aerospace and defence, ‘Infinix’ embodies BEML’s relentless pursuit of innovation, agility, and cutting-edge technology.

    Aero India 2025 set the stage for a historic transformation as BEML Ltd. unveiled ‘Infinix’, a bold new brand identity that redefines its future in aerospace, defence, and strategic engineering. The grand reveal was led by Admiral Dinesh Kumar Tripathi PVSM, AVSM, NM, Chief of Naval Staff, in the presence of Shantanu Roy, Chairman and Managing Director, BEML Ltd., along with senior dignitaries from the Defence Forces. In a dramatic presentation featuring high-impact motion graphics, BEML traced its 60-year journey while unveiling a vision that extends far beyond its legacy.
    More than just a rebranding, ‘Infinix’ represents BEML’s commitment to limitless innovation and technological excellence. The freed Phoenix, breaking out of its circular boundary, reflects the company’s uncompromising drive toward new frontiers in mobility, aerospace, and defence. The fusion of ‘Infinity’ and ‘Phoenix’ in the name mirrors BEML’s pioneering role in advanced engineering and next-generation solutions.

    A Statement of Vision and Growth
    Addressing the momentous occasion, Admiral Dinesh Kumar Tripathi underscored BEML’s strategic importance, stating,This is more than a logo, it’s a declaration of BEML’s evolution into a global force in aerospace and defence. India’s growing presence in indigenous manufacturing and high-tech engineering is strengthened by industry leaders like BEML, and ‘Infinix’ is a powerful testament to that commitment.
    Reflecting on the company’s transformation, Shantanu Roy remarked, ‘Infinix’ represents a paradigm shift. It is a reflection of our growth, our readiness to embrace future technologies, and our unwavering commitment to creating world-class solutions. This identity embodies the shared vision of BEML’s employees, partners, and stakeholders, who continue to drive innovation and excellence.

    Aero India 2025: Showcasing the Future of Aerospace and Defence
    At Aero India, BEML is demonstrating next-generation Unmanned Aerial Vehicles (UAVs), missile technology, and space engineering innovations. Among its most anticipated showcases are:
    Vihangam-35, a high-performance reconnaissance and surveillance UAV, developed in collaboration with IIT Kanpur, highlighting India’s progress in autonomous defence systems.
    Abhinandan HNX50, a next-generation Remotely Piloted Aerial System (RPAS) designed for high-endurance missions, reinforcing BEML’s capabilities in cutting-edge aviation technology.
    Beyond UAVs, BEML is making strides in missile casing technology, playing a pivotal role in India’s missile programs, including Akash and Kusha. In the space sector, BEML is contributing ISO Grid Panels for ISRO’s LVM3 launch program, and Light Alloy Structures for advanced launch vehicles.On the maritime front, BEML is showcasing Marine Gas Turbine Flame Tubes, a breakthrough in naval propulsion technology, and the Universal Bomb Pallet, a critical addition to India’s Air Force armament systems.

    A Future Built on Innovation and Global Competitiveness
    With ‘Infinix’, BEML is charting a course toward unparalleled growth and technological leadership. The company’s presence at Aero India 2025 signals a renewed focus on innovation, indigenous defence manufacturing, and global competitiveness. As India emerges as a powerhouse in strategic engineering, BEML remains at the forefront, engineering solutions that shape the nation’s security and mobility.
    About BEML
    BEML Limited, a ‘Schedule A’ company under the Ministry of Defence, India, has been a cornerstone of aerospace, defence, rail, power, mining, and construction for over six decades. With a commitment to innovation and excellence, BEML continues to pioneer advanced mobility solutions that drive India’s industrial future.
    Final Thoughts
    With the launch of ‘Infinix’, BEML is making a statement, not just about its brand evolution but about its unwavering ambition to lead in aerospace, defence, and engineering innovation. As India cements its place in the global defence ecosystem, ‘Infinix’ stands as a bold new symbol of progress, agility, and limitless potential.
    At Prittle Prattle News, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.


  • Philippines Becomes a Global AI Powerhouse as Ascendion Invests $500M and Creates 6,000 Jobs

    With a Bold AI-First Strategy, Ascendion Integrates Collabera Digital and Launches Manila AI Studio for Global Talent Growth

    The Philippines is cementing its place as a global force in AI-driven software engineering, as Ascendion makes a $500 million investment and creates 6,000 new high-value tech jobs. With Collabera Digital now fully integrated under the Ascendion brand, this move accelerates the country’s rise as a hub for AI-powered digital transformation.
    With the launch of Manila AI Studio, Ascendion is shaping the future of software development, positioning the Philippines as a key player in global AI innovation. The company is expanding its AI-first software engineering model, combining human expertise with machine learning, automation, and cloud-based solutions. As part of its commitment to talent development, every software engineer at Ascendion Philippines will undergo specialized AI certification, ensuring they are equipped with skills needed for the next phase of digital evolution.
    The move is expected to generate an economic impact of $500 million over the next three years, strengthening the Philippines as a preferred destination for AI-powered engineering solutions. Karthik Krishnamurthy, CEO of Ascendion, emphasized the company’s vision for expanding its AI capabilities while creating career opportunities for Filipino engineers.

    “The Philippines has long been a hub for global technology talent. Our expansion reinforces its role as a leader in AI-powered software engineering. By integrating AI-first solutions, we are redefining how we serve clients while creating career-defining opportunities for engineers in the Philippines.”
    The company is making significant investments in AI-powered engineering teams, allowing Filipino software developers to work on mission-critical projects for global Fortune 500 companies. Through the Manila AI Studio, Ascendion aims to drive collaborative innovation, enabling engineers to build advanced AI applications that enhance productivity, efficiency, and real-time data insights.
    Strengthening the Philippines as a Global AI-Driven Engineering Hub
    The Philippines’ rapidly growing digital economy and highly skilled tech workforce make it a strategic location for AI innovation. With one of the youngest and most tech-savvy populations, the country is well-positioned to lead in AI-driven digital transformation. Ascendion’s expansion is expected to accelerate AI adoption in the software industry, helping companies reduce development time, cut operational costs, and scale AI-first solutions globally.

    As part of this push, the company is rolling out AI-first platforms that will change how businesses deploy software solutions. Ascendion AVA+ is an accelerator designed to improve software engineering speed, accuracy, and risk management, while MeTAL is a talent orchestration platform that connects Filipino AI engineers with high-impact projects across industries.
    Manan Mehta, Senior Vice President, Global Growth Markets at Ascendion, highlighted the country’s role in AI transformation.
    “The Philippines is uniquely positioned to be a global leader in AI-powered software engineering. With our expansion, we are bringing the best AI tools to Filipino engineers, ensuring they remain at the forefront of AI-driven digital transformation.”
    The company’s AI-first model ensures that Filipino software engineers gain expertise in code automation, machine learning integration, and real-time analytics, helping businesses streamline their digital transformation strategies.
    AI-Driven Innovation for Global Enterprises
    Ascendion’s AI-powered engineering teams in the Philippines are already working on high-impact projects for Fortune 500 companies, delivering transformative results. Recent case studies include:
    A leading logistics enterprise eliminated manual tasks, increasing operational efficiency by 70% through AI-driven automation. A global payment solutions provider improved productivity by 50% by integrating AI-powered analytics into its customer service model. A healthcare technology leader reduced data migration costs by 90%, saving over 5,000 hours annually through AI-optimized workflows.
    As Ascendion scales its presence in the Philippines, these AI solutions are expected to become the foundation of next-generation software development. By enabling engineers to build more efficient, automated, and intelligent applications, the company is strengthening the Philippines’ position as a global center for AI-powered digital solutions.

    The Future of AI-Driven Software Engineering in the Philippines
    Ascendion’s $500 million investment marks a defining moment for the Philippines’ AI industry, combining large-scale job creation with AI-first engineering transformation. Over the next three years, the company aims to:
    • Hire 6,000+ AI-certified software engineers to support global AI-first software development.
    • Deliver cutting-edge AI-powered solutions to industries such as finance, healthcare, logistics, and e-commerce.
    • Position Manila as a global AI innovation hub, strengthening the country’s competitive edge in software engineering.
    This expansion underscores Ascendion’s long-term commitment to the Philippines, ensuring that the country remains a driving force in AI-powered digital transformation.
    Ascendion is a global leader in AI-powered software engineering, delivering intelligent digital solutions to businesses worldwide. With expertise in machine learning, automation, and cloud computing, Ascendion partners with Fortune 500 companies to create AI-first engineering solutions that enhance business efficiency and customer experience.
    Collabera Digital specializes in cloud, AI, and digital transformation, now fully integrated under Ascendion’s global AI-first strategy.
    At Prittle Prattle News, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.