Category: NEW PRODUCTS
Quality Power’s oil-filled reactor technology is designed for high thermal endurance
Quality Power Electrical Equipments Ltd. (BSE: 544367; NSE: QPOWER), a global provider of high voltage power products and power quality solutions, has secured an export order valued at approximately ₹11.5 crore (~USD 1.39 million) for the supply of oil-filled current limiting reactors to the United States. The order, awarded by a European Fortune 500 engineering company, will be executed over the next 12 months from the company’s state-of-the-art Sangli facilities.
This is Quality Power’s second major win in the US market within a week, underscoring the company’s strengthening presence in North America. Current limiting reactors are critical to managing short-circuit currents in high-density transmission networks. As renewable energy integration expands across North America, the electrical grid is witnessing significantly elevated fault levels. These fault levels, if unmanaged, can compromise equipment life, grid reliability, and operational safety. The deployment of current limiting reactors is a key mitigation strategy to ensure fault current remains within the safe handling capacity of switchgear and associated infrastructure.
Quality Power’s oil-filled reactor technology is designed for high thermal endurance, reduced acoustic emission, and enhanced dielectric strength, catering to demanding environments and grid codes prevalent in the US market. This order highlights Quality Power’s continued contribution to grid resilience and underscores our technical capability in complex coil engineering solutions. The order will be executed at Quality Power’s manufacturing and testing facilities in Sangli, India, which are compliant with international standards such as ANSI, IEEE, and IEC. With over two decades of manufacturing experience, the Sangli operations manage all key processes in-house, including core winding, impregnation, and high-voltage testing.
This latest order reinforces Quality Power’s reputation as a trusted supplier of mission-critical components to Tier-1 utilities and OEMs worldwide. Despite ongoing global challenges around tariffs and supply chain realignments, Quality Power’s consistent success in the US market reinforces its position as a trusted partner for critical power system components.
Jitendra New EV Tech Unveils Groundbreaking Innovations at Bharat Mobility Global Expo 2025
Jitendra New EV Tech took center stage at the Bharat Mobility Global Expo 2025, held at Bharat Mandapam, Pragati Maidan, Delhi, unveiling three revolutionary products in electric and sustainable mobility. Showcasing these groundbreaking innovations alongside its successful existing models, the company demonstrated its commitment to shaping the future of eco-friendly transportation.
Among the most exciting announcements was the introduction of Hydrix, a pioneering hybrid vehicle set to launch in 2028. Powered by both hydrogen and electricity, Hydrix boasts an impressive 400 km range and a top speed of 120 km/h, setting new benchmarks in sustainable automotive technology. This vehicle type is Triquad and promises to redefine the concept of performance and efficiency in the eco-conscious mobility sector.
The company also unveiled Klasoo, a stylish and high-performance electric two-wheeler designed for modern urban commuting. Set for release in 2025, Klasoo is equipped with a 3 kW motor, offering a top speed of 100 km/h and a seamless riding experience. Its combination of style, performance, and practicality makes it an ideal choice for the urban commuter seeking versatility.
Yunik, the company’s versatile scooter, also made its debut at the Expo. Launched on January 7, 2025, Yunik features a 118 km range per charge, a top speed of 72 km/h, and the industry-first HyperGear Powertrain. With its detachable 3.8 kW battery and advanced safety features, Yunik is positioned as the perfect choice for young professionals and family riders alike.
In addition to these new innovations, Jitendra EV showcased its popular existing models. Primo, a compact scooter packed with modern features like reverse gear, turn-by-turn navigation, and Bluetooth connectivity, continues to be a top choice for everyday use. Meanwhile, JMT 1000, known for its durability and fast-charging capabilities, remains a versatile option for both personal and commercial use.
Mr. Samkit Shah, Co-Founder of Jitendra EV, expressed, “We were deeply honored to have the Honorable Minister of Road Transport and Highways, Shri Nitin Gadkari Ji, officially unveil Hydrix. His genuine interest and thought-provoking inquiries about this visionary vehicle highlight his steadfast commitment to driving the advancement of India’s green mobility ecosystem. Additionally, The unveiling of Hydrix, Klasoo, and Yunik marks a pivotal moment in our journey. Our mission has always been to empower individuals and businesses with cutting-edge technology that not only meets today’s demands but anticipates tomorrow’s needs.”
The unveiling at the Bharat Mobility Global Expo reinforces Jitendra EV’s unwavering commitment to innovation, sustainability, and excellence in the electric vehicle industry.
Vegas Mall Hosts IDEA’s ‘Sugamya Dwarka Abhiyan’ – A Step Towards an Inclusive Dwarka
Vegas Mall proudly hosted the launch of IDEA’s Sugamya Dwarka Abhiyan (Accessible Dwarka), a landmark campaign aimed at transforming Dwarka, New Delhi, into the world’s first Purple Subcity — a symbol of accessibility, inclusion, and empowerment for persons with disabilities. Running from May 1st to 15th under this year’s GAAD theme, “Committing to Change,” the initiative reflects a powerful commitment to building an inclusive urban environment.
The event, held in association with the Chief Commissioner for Persons with Disabilities (CCPD) and Inclusive Divyangjan Entrepreneur Association (IDEA), brought together policymakers, advocates, and community leaders. A key highlight was the launch of the Accessibility Toolkit, an innovative framework developed by IDEA to assess public spaces, paving the way for the Purple Building Certification — a first-of-its-kind recognition for inclusive design, in partnership with AMTZ ICMR.
The program began with a sensitization workshop, followed by a warm welcome to esteemed guests including Mr. Kishore Kumar Rewala (ACP Dwarka), Mr. Dayal Singh Pawar (Saksham), Sh. Mallikarjuna Iytha (IDEA), Mr. Jawed Habib (celebrity hairstylist and founder, Hair and Beauty Products), and Mr. Pravin Prakash Ambastha (CCPD), alongside Vegas Mall representatives.
The honourable West Delhi Member of Parliament, Smt. Kamaljeet Sehrawat, commended the campaign and expressed her full support in making Dwarka Sub City an inspiration for the rest of the districts of India.
The highlight of the event was the unveiling of the campaign board, symbolizing the official launch of Sugamya Dwarka Abhiyan.
Ravinder Choudhary, Vice President, Vegas Mall, said, “We are honoured to host this transformative initiative. Vegas Mall has always believed in creating spaces that are welcoming for everyone, and this campaign aligns perfectly with our vision of inclusivity and community engagement.”
As Dwarka takes this pioneering step, the Sugamya Dwarka Abhiyan sets a remarkable example for cities across India, advancing the nation’s journey toward accessibility, inclusion, and empowerment for all.
Tata Consumer Products appoints Ashish Goenka as Group Chief Financial Officer
Tata Consumer Products (TCP), the consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella, has announced the appointment of Ashish Goenka as Group Chief Financial Officer. This is in line with the Company’s focus on building a future ready organization and strengthening organization capability.
In this role, Ashish will be responsible for the Integrated Finance function overseeing group accounts & finance, investments, capital structuring, forecasting and budgeting and providing strategic direction to businesses while developing and delivering annual, mid-term and long-term growth plans for the business. His role will also encompass responsibilities for Strategy and M&A, Legal, Secretarial & Compliance, Investor Relations & Communications, Internal audit & Risk management functions of the Company. He will be based in Mumbai and report to Sunil D’Souza, MD & CEO, Tata Consumer Products.
Ashish brings over 20 years of experience across the Finance function, joining Tata Consumer Products from Jubilant Foodworks Limited, where he currently serves as President & CFO. Prior to this, he held senior leadership positions with Hindustan Unilever and Bharti Airtel.
On the new appointment, Sunil D’Souza, MD & CEO, Tata Consumer Products said “We are excited to welcome Ashish to the leadership team at Tata Consumer Products. A strong Integrated Finance function aligned with the company’s strategic objectives will be critical in enabling Tata Consumer’s journey to becoming a best in class FMCG company. Ashish’s expertise will help us further strengthen and build future capability for the function.
We would like to thank L Krishnakumar who retired from Tata Consumer Products on October 31st, 2023, for his contributions to building and strengthening the Finance function over two decades. He has played a key role in the transformation journey of this company over the years from a single category, single country tea player to the current large multi- country, multi -category F&B focused FMCG player. He will continue as Senior Advisor until March 31st, 2024. Ashish will work closely with him over the coming months to enable a seamless transition.”
Chemical leader commits more than USD150 million across multiple projects to accelerate growth in India – INDIAN NEWS & TIMES
The Lubrizol Corporation, a global leader in specialty chemicals, is advancing its commitment to continued growth in India with several significant projects across its portfolio. The company is pledging more than 150 million USD of in-region investment, including breaking ground on India’s largest CPVC resin plant in Vilayat, Gujarat, doubling capacity at its site in Dahej, Gujarat, opening a grease lab in Navi Mumbai and enabling significant in-country job growth and innovation.
“India is among the fastest-growing global economies with a favorable climate for business investment, including regional growth in many of the industries we support,” said Lubrizol President and CEO Rebecca Liebert. “We are building on 50 years of success in India by adding new manufacturing, lab and R&D sites, supporting in-country innovation and adding jobs that capitalize on the great expanding workforce and business conditions in India, allowing us to serve needs not only in India but in surrounding countries.”
Lubrizol’s work in India dates back to 1966 when the company initiated in-region manufacturing for chemical additives supporting transportation and industrial markets. It’s expanded significantly since that time, supporting a wide variety of industries through products and solutions purpose built for the region.
The company has been steadily growing its employee base in India with roles supporting both regional and global needs. It expects to enable 4,000 direct and indirect jobs through several new investment projects:
- Enabling World’s Largest CPVC Resin Production with Grasim Industries Limited. In 2001, Lubrizol introduced CPVC into the India market, which has represented a significant economic development opportunity for the region. Today India is amongst the largest consumers of CPVC, primarily in the form of plumbing pipe and fittings, and growing needs for clean water in all residential and commercial buildings will drive continued growth. Lubrizol and Grasim Industries Limited, a flagship company of the Aditya Birla Group, will break ground on the first phase of a 100,000 metric-ton state-of-the-art CPVC resin plant at Grasim’s site in Vilayat later this year. This will be the largest single-site capacity for CPVC resin production globally. The CPVC resin produced at Vilayat will enable product sold under Lubrizol’s FlowGuard® Plus, Corzan® and BlazeMaster® brands.
- Providing Access to Clean Drinking Water by Doubling CPVC Capacity, Establishing R&D Capabilities in Dahej, Gujarat.
Lubrizolwill double its existing CPVC compound capacity at Dahej, Gujarat, from existing 70,000MT to 140,000MT. Lubrizol also plans to setup a local R&D center, which will be its second global R&D center after North America. With this investment, Lubrizol becomes the only company in India with end-to-end CPVC capability and well poised to serve the needs of local Indian customers. This capacity will also cater to neighboring high growth markets like Nepal, Bangladesh and Indonesia.
- Supporting Transportation, Industrial Customers Across the World with Mumbai India Grease Lab, Turbhe Expansion.
Lubrizol is committed to supplying alternative high-performance, cost-effective industrial grease-thickening solutions to grease manufacturers around the world. Earlier this year Lubrizol announced the opening of a new grease lab in Navi Mumbai, India, to support the testing and development of calcium sulfonate greases with strong potential in the industrial grease market. Since 2020, the company’s Additives business has introduced more than 35 new blends for transportation and industrial applications localized in India, adding a new storage facility and filtration capabilities at its production site in Turbhe.
- Meeting Personal Care, Home Care Needs of a Growing Middle Class and Doing it Sustainably.
As the middle class in India continues to expand, demand is increasing for beauty and home products in region. As a leading partner for the beauty and home care industries, the company will continue to innovate sustainable solutions unlocking in-region opportunities for its partners. As a recent example, using detergent bars is a common practice for cleaning dishes and laundry in India. While these bars are economical, they can become soft and lose their usefulness if they remain wet for too long, leading to inconsistent cleaning and significant waste. The Lubrizol Home Care team established a Center of Excellence for laundry bars in Mumbai, part of which helped a global home care leader meet its sustainability goals while streamlining processes, earning Lubrizol a sustainability award from the customer earlier this year.
In addition to these significant projects, the company plans to continue to invest in Centers of Excellence capabilities in the years ahead to capitalize on the growth opportunity within the region.
Epson strengthens product range with Standard Throw, Short Throw and Ultra Short Throw Projectors – INDIAN NEWS & TIMES
Epson, a world leader in digital imaging and printing solutions, unveiled its new range of laser light source projectors, comprising of eight state-of-the-art models across the Standard Throw, Short Throw, and Ultra Short Throw series. Epson aims to strengthen the adoption of laser projectors, particularly among customers seeking to enhance the visual experience in corporate, education, and commercial segments.
Among the newly introduced offerings are the EB-L260F, EB-L210W, EB-L210SF, EB-L210SW, EB-760W, EB-760Wi, EB-770F, and EB-770Fi business projectors. These models are specifically designed to cater to the diverse requirements of advanced projection solutions.
Epson’s latest projectors deliver remarkable visuals and image quality, with increased brightness across the entire range. These projectors are an excellent alternative against Flat Panel Displays (FPD’s). Epson laser light source projectors enable customers to create bright and clear large-screen environments for corporate presentations, classroom teaching and digital signages. The upgraded Full HD (FHD) resolution further enhances image sharpness and clarity.
In the Ultra Short Throw series, users can expect a wider aspect ratio, with a maximum screen size of 150 inches, and the introduction of a new 21:9 aspect ratio for FHD models. The Standard Throw and Short Throw models offer new aspect ratios of 16:6 and 21:9, enabling projection on screens of up to 300 inches in each aspect ratio. Furthermore, the long-lasting laser light source ensures consistent performance and minimal maintenance to zero maintenance.
Key features of the newly launched projectors
- Increased brightness in comparison to previous models
- Upgraded resolution from RFHD to FHD for superior image quality in all the new launches
- Wide Aspect Screen across models: The Standard and Short Throw FHD models now feature new aspect ratios of 16:6 and 21:9, respectively, covering screen sizes of up to 300 inches in each aspect ratio.
- Ultra-Short Throw models feature an aspect ratio of 21:9 and a covers screen size of up to 150 inches
- The signage function allows easy video playback for signage applications using Epson content playback
- Laser light source with a lifespan of 20,000 hours in normal mode
- Interactive capabilities are available in Ultra Short Throw models, supporting both pen and finger touch functionality for a collaborative experience
Satyanarayana P, Director of LFP, Visual Products & Robots at Epson India says “Epson has redesigned its latest products to meet the changing demands of consumers, focusing on improved quality and collaborative features. With our advanced laser projection technology, we are striving to empower educators, presenters, and business professionals across segments. We firmly believe that our continuous innovation and development are helping maximize visual engagement, and these projector models embody our unwavering commitment to delivering top-notch solutions for our valued customers,” said Satyanarayana.
HDFC Bank becomes the preferred financier for Stellantis brands in India
With a shared vision to simplify vehicle ownership and enhance financial accessibility for customers and dealers alike, Citroën India has partnered with HDFC Bank, India’s largest private sector bank, to offer best-in-cl-ass retail and dealer finance solutions. This strategic move further strengthens the Stellantis–HDFC alliance, making HDFC Bank the exclusive preferred financier for all Stellantis brands in India, including Jeep, Maserati and now Citroën.
The MoU was signed by Shishir Mishra, Business Head & Director – Strategic Partnerships & Institutional Business, Stellantis India and Mr. Akhilesh Kumar Roy – Business Head – Auto Loans, Inventory Finance and Two-Wheeler Loans, HDFC Bank. Present on the occasion were several senior executives from Stellantis India and HDFC Bank.
With HDFC Bank’s extensive pan-India reach and a proven legacy as one of the most trusted automobile financiers for over two decades, the tie-up empowers both Citroën customers and dealer partners with strong financing support. For customers, this partnership brings enhanced convenience and accessibility with competitive interest rates and flexible repayment options.
One of the standout features is the HDFC Xpress Car Loan, an industry-leading solution offering 30-minute disbursals through a 100% digital interface, eliminating the need for any physical documentation. This makes the car buying journey smoother, faster, and more customer-friendly. Auto Loans have been one of the significant contributors to HDFC Bank’s Retail Assets segment. As of June 30, 2025, the Bank’s Auto Loan book stood over Rs. 1.48 lakh crore
For Citroën dealer partners, the collaboration unlocks a suite of customised floorplan finance solutions designed to support day-to-day operations and growth. Dealers will benefit from preferential terms, competitive rates, and a wide range of financial products tailored to their business needs. The partnership also ensures seamless processing for working capital and inventory funding, empowering dealers with greater financial agility and operational efficiency.
Commenting on the announcement, Shishir Mishra, Business Head & Director – Strategic Partnerships & Institutional Business, Stellantis India, said, “Financing plays a pivotal role in the car buying journey. New-age customers are increasingly seeking smart, flexible financing solutions that align with their lifestyles and convenience. They value speed, transparency, and convenience in their car-buying journey, making innovative finance options a key decision driver. At Citroën, we believe in making mobility more accessible and seamless for our customers and partners. This partnership with HDFC Bank not only strengthens our financing ecosystem but also reaffirms our commitment to delivering holistic, convenient and trusted experiences across all touchpoints.”
Mr. Arvind Vohra, Group Head – Retail Assets, HDFC Bank said, ”We are pleased to partner with Citroën for offering a simplified auto-financing journey. HDFC Bank’s vast geographical footprint, consumer centric banking products and robust credit intelligence capabilities will unlock a speedier and convenient auto ownership journey.”
Smart Meter manufacturing facility in India to meet soaring demand
The cutting-edge smart meter factory is also backward integrated with Salzer’s existing Coimbatore factories, which have been manufacturing crucial electrical components for Smart Meters. This provides Salzer with a distinct strategic edge in terms of cost control, supply chain management, and Smart Meter quality assurance, while also demonstrating the company’s commitment to addressing India’s growing need for innovative energy management solutions.
This New smart meter manufacturing plant will have an annual production capacity of 4 million smart energy meters, which will be increased to 10 million smart energy meters in Phase 2. This facility will provide employment to approximately 1000 people at its full capacity.
India is seeing exceptional demand for Smart Energy Metres, which is projected at 250 million units initially, with a potential increase to 350 million metres during the next three years, because of the Revamped Distribution Sector Scheme (RDSS) launched by Government of India. As per Astute Analytica, India Smart Meter market is likely to reach $3.27bn by 2031 growing at a CAGR of 34.57% in the period 2023 to 2031. Salzer is well-positioned to help meet this need by modernising and improving the country’s energyinfrastructure.
Commenting on this development, Mr. Rajesh Doraiswamy, Joint Managing Director, Salzer Electronics Ltd said:
“I am pleased to announce the building of our new Smart Meter manufacturing facility. This investment underscores our commitment to innovation, and bringing in new products as and when opportunity arises.
We take pride in saying that Salzer will be contributing its part to the creation of a smart interconnected energy grid in India. We have already received BIS certification for our Single Phase Smart Energy meter. The first batch of smart meters is expected to roll out in Q1 FY25, from the new facility.
This Investment will provide the company with a competitive edge in the market, protect its intellectual property, and generate substantial revenue, thereby contributing to the Company’s future success.
I would like to thank the entire Salzer team and all our stakeholders for their hard work and support, which enables the Company to keep moving forward.”
Philips India launches the OneBlade Cup: Nationwide hunt for the best BGMI Team
Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology and innovation, proudly announces the launch of the OneBlade Cup – a thrilling tournament dedicated to discovering the next top BGMI team in India. This competition offers gamers and enthusiasts the chance to showcase their skills and compete for glory.
With this initiative, Philips continues to empower budding gamers to #MoveFearlessly both in their grooming routines and their gaming endeavors. The OneBlade Cup is more than just a tournament; it’s a celebration of talent, ambition, and innovation, encouraging Gen Z to push their limits and chase their dreams without hesitation.
Recognizing the potential in students across the nation who turn to gaming and esports, Philips aims to bridge the gap by offering a platform for those who aspire to excel in the professional gaming world. This tournament is open to all, giving everyone the opportunity to compete against the best and prove their mettle.
Commenting on the launch, Deepali Agarwal, Business Head – Personal Health at Philips Indian Subcontinent, said, “At Philips, innovation is our driving force. We are not just about products; we are about experiences that resonate deeply with our audience. With the OneBlade Cup, we are diving headfirst into the world of dynamic youth, those who live life fearlessly and demand solutions that match their pace. Our commitment to empowering them is unwavering. The OneBlade Cup is more than just a tournament; it is an opportunity for participants to showcase their talent, take on new challenges, and achieve greatness.”
Commenting on the Philips’ entry into one of India’s biggest esports IPs, BGMI Masters Series (BGMS), Akshat Rathee, Co-Founder and Managing Director, NODWIN Gaming, said “Philips is one of the largest legacy brands globally, and for them to integrate further into the esports space with their own tournament, recruitment of young talent and giving them a chance to compete on a large platform like BGMS 2024 is a testament to their commitment. This development is monumental and will have a notable impact on the overall Indian esports ecosystem. We at NODWIN are thrilled to partner with Philips in facilitating the tournament and look forward to hosting Team OneBlade at BGMS 2024!”
Philips has a longstanding commitment to innovation, continuously offering cutting-edge solutions to its consumers. By partnering with prominent gaming brands for OneBlade, Philips is dedicated to inspiring today’s youth to #MoveFearlessly, embracing their unique identities and passions through gaming and grooming.
The OneBlade Cup will feature teams of four players engaging in qualifiers to make it to the top 16. The competition is fierce, and only the best team will earn the Philips sponsorship and qualify for BGMS.
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