Atmanirbhar Bharat Milestone: Godrej’s MPR System Earns CE Mark for Global Standards

• Godrej Enterprises Group’s Storage Solutions business earns CE certification for Mobile Pallet Racking system

In a significant milestone, the Storage Solutions business of Godrej Enterprises Group has received the prestigious Conformité Européenne (CE) certification from TÜV NORD for its indigenously developed Mobile Pallet Racking (MPR) System. This recognition reinforces the system’s compliance with stringent European safety and quality standards and highlights India’s growing capability in delivering globally Bench marked engineering solutions.

Designed and manufactured in-house, the Mobile Pallet Racking System is a high-density, high-performance storage solution that eliminates fixed aisles to maximise warehouse capacity while ensuring selective pallet access. Built on mobile bases that glide effortlessly along floor-mounted rails, the system delivers superior space optimisation and operational efficiency. The CE certification confirms adherence to the European Machinery Directive and Electromagnetic Compatibility Directive, underscoring the system’s reliability, safety, and engineering excellence.

Mobile Pallet Racking system by Godrej Enterprises' Storage Solutions business

Mr. Vikas Choudaha, Business Head, Storage Solutions, Godrej Enterprises Group, said, “This certification reinforces our commitment to innovation, quality, and self-reliance. By engineering a world-class solution in India that meets rigorous international standards, we are enabling Indian industries to optimise their operations and demonstrating the growing global competitiveness of Indian manufacturing. This milestone reflects our belief in Atmanirbhar Bharat and our aspiration to contribute meaningfully to India’s leadership in intralogistics and advanced storage technologies.”

The CE mark opens new global opportunities for the MPR System, streamlining procurement and regulatory approvals in international markets, particularly across Europe and other CE-compliant regions. It also assures customers of the system’s performance in demanding industrial environments, backed by rigorous testing and technical validation. For global and domestic clients alike, the certification enhances trust, credibility, and ease of adoption.

Anthropic Taps India’s AI Boom: Bengaluru Launch and Reliance Talks Underway

Anthropic is making a major move into India with plans to open its first office in Bengaluru and explore a strategic partnership with Reliance Industries.

Notably, India is already Claude’s second-largest market by traffic and usage. Anthropic is exploring a strategic partnership with Reliance Industries to integrate Claude into the conglomerate’s digital ecosystem.

CEO Dario Amodei is also scheduled to meet senior government officials, including Prime Minister Narendra Modi.

Anthropic's India Expansion

• Bengaluru Office: According to the reports, Anthropic will establish its first India office in Bengaluru, marking its second Asia-Pacific location after Tokyo. The launch is expected to be officially announced this week.
• Focus Areas: The Bengaluru office will target developers, startups, and enterprise clients, supporting AI deployment in sectors like education, healthcare, agriculture, and IT services.
• India's Role: India is now Claude’s second-largest market by traffic and usage, with over 767,000 app downloads and a 572% year-over-year increase in consumer spending.

Partnership with Reliance Industries

• Strategic Talks: CEO Dario Amodei is in India to meet Mukesh Ambani and senior Reliance executives in Mumbai. The goal is to expand Claude AI’s reach through Reliance’s digital ecosystem, including Jio platforms.
• Reliance Intelligence: In August, Reliance launched a new AI division focused on infrastructure and enterprise solutions, already collaborating with Google and Meta.

Government Engagement

• Policy Outreach: Amodei is also meeting top Indian government officials, including a possible meeting with Prime Minister Narendra Modi, signaling long-term ambitions in India’s AI ecosystem.

The news about Anthropic opening its first India office in Bengaluru and exploring a partnership with Reliance Industries was first reported by TechCrunch. Multiple outlets including MSN, India Today, and Livemint cited TechCrunch as the original source of the report.

Accenture Expands Infrastructure Advisory with Planned Acquisition of France’s Orlade Group

Accenture (NYSE: ACN) has announced its intent to acquire French Orlade Group (“Orlade”), which provides advisory and project management services for capital projects through its subsidiaries, which include Op2 and pmO. The acquisition would significantly expand Accenture’s capabilities to help clients optimize their investments in large-scale, long-term projects, such as nuclear power plants, power grids, rolling stock, defense systems and space launch systems.

Op2‘s services include advising clients on how they can organize and execute capital projects more successfully with lead time reduction expertise, key best practices for large-scale project management and predictive data-driven models. pmO’s project management processes and tools help clients deliver capital projects on time and on budget.

Orlade and its subsidiaries would bring approx. 200 professionals, most of which are based in Paris and Bordeaux. The company’s international locations include Montréal (Canada) and Brisbane (Australia). Their teams would join Accenture’s infrastructure and capital projects practice within Industry X.

Accenture’s planned acquisition would come at a time in which organizations developing capital projects are facing many challenges, ranging from increased scrutiny from stakeholders to supply chain issues to staffing shortages to cybersecurity risks. As a result, only 6% of organizations surveyed deliver projects on or ahead of schedule. Two-thirds miss their targets, adding an average of 29% in labor costs and penalty fees to the bill, research from Accenture shows.

Koen Deryckere, Accenture France & Benelux market unit lead, said: “This acquisition would strengthen our position in France and boost our ability to help clients reinvent how they plan and execute large-scale projects in the energy, utilities, rail, aerospace and defense sectors. It would enhance our capital project management expertise, from advisory to execution, and leverage advanced technologies like generative AI to drive large-scale, responsible transformation.”

Flavien Parrel, who leads Accenture Industry X for France and Benelux, added: “Orlade is an experienced leader in helping organizations successfully plan and execute complex industry projects. Their team‘s expertise would complement our leadership in digital and technology, where generative AI offers immediate productivity gains to our capital projects clients in areas such as data compilation, analysis, and the production of technical deliverables.”

Orlade was founded in 2005 by Pascal Oriot, Sylvain de Robert and Frederic Laforce. In a joint statement, they pointed out that Orlade’s expertise in the full lifecycle of capital projects in industrial sectors, combined with Accenture’s leadership in digital and AI, would create a unique capability to deliver future standout projects for clients. Together, both companies could help clients navigate complexity with clarity, bold thinking and a clear focus on delivery.

Accenture has been scaling its capabilities for helping clients with their infrastructure and capital projects in Europe and North America continuously over the past two years. Earlier in 2025, it acquired construction consultancy Soben in Scotland and engineering managed services company IQT Group in Italy. In 2024, it bought BOSLAN, a management services provider for net-zero infrastructure in Spain. In 2023, US advisory and management company Anser Advisory and Canadian consulting and program management company Comtech became part of Accenture.

Terms of the transaction were not disclosed. Completion of the acquisition is subject to customary closing conditions.

Felicity Sets Up Singapore HQ to Boost Game-Tech Expansion Across APAC

Felicity, an AI enabled game-tech company known globally for publishing high performing gaming titles, recently announced its expansion to Singapore with Felicity Labs Pte. Ltd. The company will focus on upcoming acquisitions and operations in the region with an aim to target 2X growth by March 2026.

With the Singapore entity established as its new Southeast Asia (SEA) headquarters, Felicity is poised to double its scale in the region through expanded studio partnerships and targeted growth initiatives. The new entity will play a pivotal role in increasing the regional user base to over 2 million, with a strategic focus on high-growth markets such as Vietnam and Thailand.

This regional structure strengthens Felicity’s access to one of the world’s fastest-growing game development ecosystems, enabling deeper collaboration with developers and creators, having already established a strong gamer base in the US. The new move also positions the company to better serve a rapidly diversifying user base, supporting its broader goal of achieving 2x global growth.

Felicity will also invest $1 million over the next 12–18 months towards building a robust leadership team, expanding its talent pool, and deepening market penetration across APAC. With presence in India, Türkiye, and now Singapore, the company aims to further acquire IP’s, expand talent and player base in new geographies with senior strategic leads focused on product innovation and cross-border partnerships, as well as the formation of a regional developer network.

Felicity has successfully raised a total of $3.7 million across two funding rounds, marking a strong start to its global journey. The company secured $700K in its pre-seed round from DeVC, Swiggy founders, Kunal Shah, and other marquee angels. Building on this early momentum, Felicity recently closed a $3M seed round led by 3one4 Capital, MIXI Global, and T-Accelerate Capital.

Anurag Choudhary, Founder & CEO of Felicity

Anurag Choudhary, Founder & CEO of Felicity, said,

APAC is home to 1.5 billion gamers and a $70B market becoming one of the fastest growing regions globally. and we see this as a pivotal opportunity to build the future of gaming in the region. This expansion with Singapore, will strengthen our ability to engage with local talent, partners, and communities in a region that has immense potential and is at the forefront of gaming innovation.

About Felicity

Felicity is an AI-native game company creating and acquiring high-performance games for the next decade. With proprietary SDKs, generative AI stacks, and an expanding global team, Felicity powers a new era of forever gaming across platforms.

Adani Group Pledges $10 Billion Investment in Vietnam, Eyes Ports, Power & Digital Expansion

In a bold move that underscores its global ambitions, the Adani Group has committed up to $10 billion in long-term investments across Vietnam, spanning infrastructure, energy, logistics, and digital technology. The announcement was made during a high-level meeting between Adani Chairman Gautam Adani and Vietnamese Communist Party General Secretary To Lam in Hanoi.

The investment marks one of the largest foreign commitments in Vietnam’s recent history and signals a deepening of the India–Vietnam Comprehensive Strategic Partnership, originally established in 2016.

Strategic Focus Areas

Adani’s investment blueprint includes:

• Infrastructure: Development of seaports, airports, and transport corridors
• Energy: Renewable and thermal power projects, national grid upgrades
• Logistics: Smart warehousing and supply chain hubs
• Digital Technology: AI-driven platforms, smart city infrastructure, and digital transformation initiatives

The group has already received in-principle approval for a $2 billion deep-sea port project in Da Nang, and is exploring additional ventures such as the Vinh Tan 3 Thermal Power Plant and airport development projects.

Adani has extensive experience in operating large-scale projects across ports, airports, logistics, energy, and digital tech. We are ready to contribute to Vietnam’s development – said Gautam Adani.

Vietnam welcomes Adani’s long-term investment and will provide favorable conditions for its operations,” affirmed General Secretary To Lam.

The Vietnam commitment comes amid Adani’s broader $100 billion domestic investment plan in India, and follows recent setbacks in the US and Kenya due to legal investigations. The move signals a strategic pivot toward Southeast Asia, where Vietnam’s pro-business reforms and digital ambitions align with Adani’s growth trajectory.

TCS Powers Ahead in Software-Defined Vehicles with European Expansion

Tata Consultancy Services (TCS) has taken a strategic leap in the global automotive software arena by announcing the launch of three new hubs in Europe, dedicated to advancing Software-Defined Vehicle (SDV) innovation.

The new footprint includes two Automotive Delivery Centres in Germany—Munich and Villingen-Schwenningen—and an Engineering Centre in Romania. These hubs are designed to support leading European original equipment manufacturers (OEMs) in building next-generation mobility solutions.

TCS is focusing on technologies like autonomous driving, intelligent infotainment systems, connected vehicle ecosystems, and digital cockpit design. The Romanian centre will concentrate on early-stage SDV platform development, while the German hubs will offer close-proximity support to European automotive partners.

A highlight of this initiative is the integration of Generative AI to dramatically accelerate vehicle software development. GenAI tools will automate requirement gathering, feature coding, testing, and simulation—reducing cycle times and enabling rapid over-the-air (OTA) updates.

TCS’s GenAI capabilities are also enabling hyper-personalization, creating in-car experiences that adapt to driver preferences and behaviors. Engineers can now simulate millions of driving scenarios virtually, boosting validation and safety for semi- and fully-autonomous features.

With over 100 engineers already stationed across these new centres and a global talent pool of 2,000+ SDV experts, TCS aims to redefine how vehicles evolve post-sale—from fixed mechanical products to software-first platforms.

Notably, this signals a major vote of confidence in India's engineering talent and its exportable innovation prowess. It also opens up opportunities for domestic automakers to integrate advanced software systems, bringing global expertise back to India’s rapidly growing electric and autonomous vehicle ecosystem.

Wipro Opens New Regional Headquarters in Riyadh, Strengthening Its Middle East Presence

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, announced the relocation of its Middle East regional headquarters from Al Khobar to Riyadh, Saudi Arabia. The new office in Riyadh was inaugurated in a ceremony attended by the Wipro executive team, employees, and customers. This is the latest addition to Wipro’s growing presence in the region, which includes offices in Riyadh, Al Khobar, Jeddah, and Jubail.

“The inauguration of Wipro's new regional headquarters in Riyadh marks a significant milestone that contributes to accelerating the growth of the Kingdom's digital economy,” said Mohammed AlRobayan, Deputy Minister for Technology at the Ministry of Communications and Information Technology (MCIT). “This also underscores the attractiveness of Saudi Arabia's digital business environment. We value the company's investment in developing national competencies, in line with the objectives of Saudi Vision 2030 and enhancing the Kingdom's position as a global technology hub.”

In addition to this new office opening, Wipro recently signed a Memorandum of Understanding (MoU) with Prince Mohammad Bin Fahd University (PMU) to establish a Center of Excellence (CoE) in Riyadh. This partnership aims to upskill local talent by providing academic training in advanced technologies, hands-on experience, and access to Wipro's resources. The CoE will focus on equipping young Saudi nationals with future-ready skills, creating a talent pool that can add value to organizations and the kingdom.

“The establishment of our new regional headquarters in Riyadh reaffirms our commitment to supporting the dynamic business landscape in the Kingdom of Saudi Arabia,” said Vinay Firake, CEO – Asia Pacific, India, Middle East & Africa (APMEA), Wipro Limited. “This strategic move, combined with our ongoing involvement in supporting the goals of the Kingdom, aligns with our vision of driving sustained growth and a future-ready workforce in the region. This commitment is strengthened by the recent appointment of Mohamed Mousa as our new Managing Director for Wipro Middle East out of our Riyadh headquarters, which will further advance our decades-long presence in the Middle East.”

Oaktree Expands India Presence with New Office in Hyderabad

Oaktree Capital Management, L.P. (“Oaktree”), a leader among global investment managers specializing in alternative investments, opened the doors to its new office in Hyderabad, India, in HITEC City.

Oaktree’s decision to expand its operations in India underscores its commitment to the region and recognition of the exceptional local talent. This move will enable the firm to attract, retain, and develop Oaktree employees in Hyderabad, and deliver high quality service to both internal and external stakeholders around the world.

"We are thrilled to establish our presence in Hyderabad, a city known for its vibrant business environment, innovation, and skilled workforce," said Howard Marks, Co-Chairman of Oaktree, at the inauguration of the new office.  "Oaktree Hyderabad represents our steadfast dedication to operational excellence and our belief in the immense opportunities that India presents."

Oaktree’s leaders come together to celebrate the opening of the firm's new office in Hyderabad

The entrance of Oaktree's newly inaugurated Hyderabad office, marking the firm's expansion in India

Ajay Maddali has joined Oaktree as Human Resources Director for Hyderabad.  He will be instrumental in developing and implementing Oaktree’s local HR model and fostering the company’s culture.  Ajay brings a wealth of experience in HR and management consulting, most recently serving as Head of HR for India at Franklin Templeton.

“I am delighted to join Oaktree and contribute to this exciting expansion in India,” said Ajay Maddali. “Opening an office in Hyderabad signifies the tremendous long-term opportunities that Oaktree sees in India to scale its global operations, improve quality of service, and actively recruit top talent from the local community.”

Oaktree is one of the largest and most active investors in Indian private credit, having deployed more than US$4 billion since 2018.  The Hyderabad office is Oaktree’s second in India, following the Mumbai office, which opened in 2023 under the leadership of Gaurav Parasrampuria, Head of Asia of Oaktree’s Global Opportunistic strategy.  Oaktree has offices in 24 cities worldwide, including nine in Asia Pacific: Hyderabad, Hong Kong, Singapore, Sydney, Tokyo, Mumbai, Shanghai, Beijing, and Seoul.

About Oaktree

Oaktree is a leader among global investment managers specializing in alternative investments, with US$202 billion in assets under management as of December 31, 2024. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate. The firm has more than 1,200 employees and offices in 24 cities worldwide. For additional information, please visit Oaktree’s website at http://www.oaktreecapital.com/.

Amazon To Expand Its Shein & Temu Rival, Globally

Amazon Haul is a relatively new initiative by Amazon, designed to cater to budget-conscious consumers by offering ultra-low-priced products. Launched in beta for U.S. customers in late 2024, Amazon Haul focuses on providing a wide range of products priced at $20 or less, with many items under $10.

The primary goal of Amazon Haul is to compete with other budget-focused e-commerce platforms like Shein and Temu. By offering low-cost items, Amazon aims to attract price-sensitive shoppers who prioritize value over brand names.

Following its initial success in the U.S., Amazon Haul is reportedly expanding to several European countries starting this year, further enhancing its global presence in the e-commerce sector.

Amazon is planning a global expansion of Haul, its discount storefront designed to compete with Shein and PDD's Temu. This expansion will cover several European countries starting this year. Haul offers ultra low-priced items, with most products priced at $20 or less. This move is part of Amazon's strategy to enhance its global presence in the e-commerce sector and diversify its offerings.

The launch of Haul is a strategic pivot for Amazon, aiming to capture the attention of bargain hunters and value-conscious consumers worldwide. By offering a wide range of products at competitive prices, Amazon is positioning itself as a one-stop shop for cost-sensitive shoppers. This expansion is expected to have far-reaching implications on the global e-commerce landscape, potentially filling the market gap left by region-specific bans on platforms like Temu and Shein.

Amazon's international expansion strategy is driven by a calculated analysis of key market indicators, such as population size, internet penetration, and rising disposable incomes in target markets. By meticulously selecting markets with the potential for explosive growth, Amazon aims to replicate its success across continents.

Amazon Haul offers a curated selection of products across various categories, including fashion, home goods, lifestyle, and electronics. The platform has its own distinct search, cart, and checkout system, creating a streamlined experience for those seeking low-cost items. Unlike traditional Amazon purchases, Haul items have longer shipping times, typically ranging from 1-2 weeks. However, all products sold through Amazon Haul are backed by Amazon's A-to-Z Guarantee, ensuring consumer protection.

Amazon Haul represents a strategic shift for Amazon, aiming to capture a growing market of price-sensitive consumers while leveraging the trust and reliability of the Amazon brand.

Amazon's Haul in Asia and India

Amazon is also reportedly planning to expand its Haul discount storefront to Asia and India, aiming to fill the market gap left by platforms like Temu and Shein. This expansion is expected to cater to the growing demand for low-cost retail products in these regions.

In India, Haul is anticipated to compete with local players like Meesho, Uniqlo, and Zudio. The platform's focus on ultra-low-priced items, combined with Amazon's extensive logistics network, is likely to attract a significant customer base. The expansion aligns with Amazon's strategy to enhance its global presence and diversify its offerings in the e-commerce sector.

Shein in Asia, Europe and India

Shein has established a significant presence in Asia, Europe, and the United States, leveraging its innovative business model and efficient supply chain to capture market share. Shein's headquarters are now in Singapore, strategically positioned to navigate international markets and regulatory landscapes. The company has also expanded its logistics capabilities in China, with the Bay Area Smart Industrial Park in Zhaoqing, Guangdong province, adding substantial warehouse space.

In Europe, Shein has offices in key cities like Dublin, Paris, and London. The company has become one of the most visited fashion and apparel websites in the region, outpacing established brands like H&M and Zara.

Shein's sales in countries like France and Germany have surged, positioning it as a leading fashion brand. In France, Shein's annual sales have surpassed those of H&M, Primark, and Kiabi, making it the second-largest fashion brand in the country.

In the United States, Shein has rapidly expanded its presence. With offices in Los Angeles and Washington D.C., Shein has invested in local fulfillment centers to ensure faster delivery times and better customer service.

Shein's sales in the U.S. have seen significant growth, driven by its affordable pricing and trendy fashion offerings. The company's app is one of the most downloaded in the country, highlighting its popularity among American consumers.

Shein has made a comeback in India through a partnership with Reliance Retail, nearly five years after being banned due to data security and privacy concerns. This collaboration allows Shein to operate in India under strict conditions, with Reliance Retail holding full control over operations and data, while Shein functions as a technology partner. The partnership aims to create a local e-commerce platform, offering trendy fashion and competing with brands like Myntra and Zudio.

The strategy includes a tech agreement between Reliance Retail Ventures and Roadget Business Pte Ltd. to connect Indian manufacturers and suppliers to produce Shein-branded products. This move ensures that all customer data is stored in India, with mandatory security audits to maintain compliance. The re-entry of Shein into the Indian market is expected to have a significant impact on the fast-fashion industry, providing consumers with more options and competitive pricing.

Haul Vs Temu & Shein

Amazon Haul, Shein, and Temu are similar platforms offering affordable products, but they have distinct features and challenges.

While Shein specializes in fast fashion, offering trendy and affordable clothing, accessories, and beauty products, Amazon Haul offers a wide variety of goods, including electronics, apparel, and household items. Temu offers a diverse selection of products, including clothing, home goods, electronics, and beauty products, and is known for incredibly low prices, often undercutting other e-commerce giants.

After entering the U.S. market in 2022, Temu has continued to grow, covering numerous countries and regions across Europe, Latin America, Africa, and Oceania. By the end of July 2024, Temu had launched in Thailand, bringing its presence to 79 countries within just two years.

Adani Group Plans to Invest $2 Bn in Acquiring Ports in Europe

The Adani Group has announced plans to invest $2 billion in acquiring ports in Europe, reported The Hindu. This move is part of their strategy to expand their international presence and boost their market share in global sea trade.

The company's flagship, Adani Ports & Special Economic Zones Ltd., is actively scouting for terminals in Europe, which accounts for 40% of global sea trade.

Key Points:

• Target: Two or three terminals in Europe
• Market Share: Currently holds a 27% market share in India, aiming to increase it to 40% by 2030.
• Expansion: The company already has ports in Sri Lanka, Israel, Australia, Tanzania, and Greece.

Recently, in last month, Adani Group Chairman Gautam Adani hosted ambassadors from the European Union, Belgium, Denmark, and Germany at the company's office in Gujarat. The delegation toured the Adani Group's renewable energy park in Khavda and the port, logistics, and industrial hub in Mundra.

The Adani Group has several plans and projects in Europe, including wind and solar power station project in Morocco to produce green hydrogen for Europe. The Indian group also has a plan to scale up green hydrogen production to meet the European Union's Renewable Fuels of Non-Biological Origin (RFNBO) requirements.

This investment is expected to enhance Adani Group's capabilities and strengthen its position in the international maritime industry.

The Adani Group has several notable international ventures across various sectors. Adani aims to develop 10 GW of hydroelectric projects across Nepal, Bhutan, Kenya, Tanzania, the Philippines, and Vietnam.

The 1,600 MW Godda plant in Jharkhand, India, exports power exclusively to Dhaka, Bangladesh.

Besides, Adani Ports holds a 70% stake in Haifa Port, acquired for $1.2 billion in partnership with Israel's Gadot Group.

Tata Advanced Systems’ 1st Expansion Abroad as a Defence OEM, To Assemble Wheeled Armoured Platform in Morocco

• Kingdom of Morocco’s Royal Armed Forces and Tata Advanced Systems sign deal for local production of Wheeled Armoured Platform
• TASL platform 8x8 jointly developed by Tata Advanced Systems with Defence Research and Development Organisation (DRDO) and Tata Motors, will be assembled in Morocco under an agreement with Government of Morocco
• Marks Tata Advanced Systems’ first expansion abroad as a Defence OEM

The Kingdom of Morocco’s Royal Armed Forces and Tata Advanced Systems Limited (TASL) announced a strategic partnership for the final assembly and integration of the TASL Wheeled Armoured Platform 8x8 in Casablanca, Morocco. Tata Advanced Systems’ local unit will produce a significant number of the specialised vehicle systems for Morocco and potentially for other countries in Africa. This will be Morocco’s first large defence manufacturing plant, and the first defence manufacturing plant by an Indian defence OEM situated outside India. The TASL platform 8x8, which has been developed jointly by Tata Advanced Systems and Tata Motors with DRDO, is itself a successful example of Indian private sector and government partnership. This will generate production in India while also starting final assembly of a defence platform in Morocco.

The production facility is expected to be operational over the next 12 months to deliver the contracted quantity of units thereafter over time. Significant content of the TASL platform 8x8 will be exported from India, while also meeting a commitment for local employment, value addition and support in Morocco. The production facility in Casablanca covering 20,000 sq. m. has been identified. While the initial contracted quantity is entirely to meet the needs of Royal Moroccan Army, this facility will be a 100% subsidiary of Tata Advanced Systems and become an export hub to meet the requirements of other countries especially in Africa.

During the signing, Mr. Abdeltif Loudyi, Honourable Minister Delegate to the Head of Government in charge of the Administration National Defence, said,” This partnership with Tata Advanced Systems marks a new era in the development of our defence industry. It is a strategic step that will not only contribute to our national self-reliance but also our ability to scale up our defence industry quickly and reliably. We are committed to creating a robust industrial ecosystem that drives economic growth and delivers tangible benefits to our investors and industry partners similar to the successful model of the automobile industry.”

Mr. Sukaran Singh, Chief Executive Officer and Managing Director, TASL, said, “TASL is extremely proud to sign this partnership with the government of the Kingdom of Morocco. This contract is of significant size and of strategic importance for us. This not only enables TASL to help initiate Morocco’s defence ecosystem but also acts as a launch point for TASL into rest of Africa for select defence systems. We would like to acknowledge the progressive and industry friendly policies of the Kingdom of Morocco that made it viable for TASL to sign this landmark production and supply agreement.”

Tata Advanced Systems will work closely with the government of the Kingdom of Morocco to develop a robust ecosystem which would include engaging with the local supply chain partners and vendors, training and skill development of the workforce and building related capabilities, and to maintain the systems in-country. Further, the facility will adopt global standards in line with international best practices.

TASL platform 8x8 incorporates state-of-the-art critical technologies like a high power, integrated power pack with automatic transmission, with modularity and scalability which can be easily customised to cater to various missions and operating conditions of Morocco’s Royal Armed Forces.

Tata Advanced Systems Limited, a wholly owned subsidiary of Tata Sons, is a significant player for aerospace and defence solutions in India. Tata Advanced Systems offers a full range of integrated solutions across: Aerostructures & Aeroengines, Airborne Platforms & Systems, Defence & Security, and Land Mobility. Tata Advanced Systems has a strong portfolio of partnerships and joint ventures with leading global aerospace and defence firms, making it an integral partner in the international supply chain and in some instances, a global single source provider for leading aerospace and defence OEMs. With the requisite capabilities, resources and scale, Tata Advanced Systems is equipped to deliver end-to-end innovative solutions throughout the entire aerospace and defence value chain from design to full platform assembly, and is well positioned in areas that include satellites, missiles, radars, unmanned aerial systems, artillery guns, command and control systems, optronics, homeland security and land systems, in addition to aircraft and helicopters.

Zoho Opens First Office in Qatar

Zoho has recently opened its first office in Qatar, located in Doha. This move comes after significant growth in the Qatari market, where Zoho saw a 29% increase in revenue and a 50% expansion in its channel partner network in 2023.

The new office will help Zoho provide customized services, expand its local team, and strengthen its network of IT service providers and resellers.

This expansion reflects the rising demand for Zoho's business applications, such as Zoho One, Zoho Books, Zoho People, Zoho Creator, and Zoho Expense.

The announcement was made during Zoholics Qatar 2024, where Zoho also shared insights from a survey on productivity and collaboration trends among businesses in Qatar.

Zoholics Qatar 2024 was a significant event for Zoho, marking the opening of their first office in Doha. The event featured powerful insights, meaningful connections, and fresh perspectives on productivity and collaboration trends among businesses in Qatar.

Zoho also shared findings from a survey involving 3,301 employees across the Middle East and Africa, including 396 respondents from Qatar. The survey highlighted the challenges and opportunities in workplace collaboration, with a focus on the local business environment.

The event underscored Zoho's commitment to supporting digital transformation in Qatar and the wider region.

Besides India (Chennai), Zoho operates in numerous countries around the world. As of 2021, Zoho has offices in nine countries which includes United States (corporate headquarters in Del Valle, Texas), China, Singapore, Japan, Egypt, Saudi Arabia (Jeddah), South Africa (Cape Town) and now latest in Qatar.

To recall, Zoho is also expanding within home country. To recall, in early of last month, Sridhar Vembu, CEO of Zoho, announced the setting up of a research and development (R&D) facility in eastern Uttar Pradesh by the end of this year.

Zoho's global presence allows it to cater to a diverse range of markets and provide localized support to its customers.

Tech Mahindra Opens New BPS Business Centre in Latvia, Northern Europe

Tech Mahindra has just announced the expansion of its Business Processing Services (BPS) business in the Baltic States with a new centre in Riga, Latvia, officially the Republic of Latvia, which is a country in the Baltic region of Northern Europe.

The new market expansion is a significant part of Tech Mahindra's ongoing strategy to deliver innovative technology solutions worldwide. The centre was inaugurated by Mr. Tanmaya Lal, Ambassador of India to the Republic of Latvia & Sweden, Mr. Jurģis Miezainis, Parliamentary Secretary of the Ministry of Economics, Republic of Latvia and Mr. Vilnis Ķirsis, Mayor of Riga.

The expansion of BPS business will help Tech Mahindra bolster its presence in Europe, providing local and regional customers with direct access to its comprehensive range of services, including 5G, Metaverse, Blockchain, Quantum Computing, Cybersecurity, and Artificial Intelligence. Tech Mahindra will establish a state-of-the-art Business Process Outsourcing (BPO) service within the cutting-edge Jaunā Teika complex.

Birendra Sen, Business Head, Business Process Services, Tech Mahindra, said, "Tech Mahindra's expansion into the Baltic States is a pivotal stride in our growth strategy. Latvia's thriving tech ecosystem, skilled workforce, robust IT infrastructure, and favorable government policies make it an ideal hub for accessing European markets. This expansion highlights our commitment to regional growth and technological advancements in Europe, further empowering our customers to scale at speed and adapt their businesses like never before.”

The centre will employ approximately 500 professionals, further extending Tech Mahindra’s global workforce which spans over 145,000+ employees across 90+ countries.

Vilnis Ķirsis, Mayor of Riga, said, "The opening of Tech Mahindra's new service centre in Riga once again confirms the city's development and growing competitiveness. Riga is becoming increasingly attractive to global business service centres. The presence of these centres promotes both growth and innovation in research and smart technology. High-quality services improve the local business environment and increase company efficiency. We welcome Tech Mahindra to Latvia!"

Tech Mahindra’s commitment to environmental sustainability is exemplified by the new office in Jaunā Teika, Latvia’s premier business hub renowned for its dedication to innovation and sustainability. This facility is BREEAM certified, a globally recognized program administered by the Building Research Establishment (BRE). The office complex meets the highest standards of sustainable building design and features the largest electric car charging station in the Baltics, extensive multi-story parking, and adaptable office layouts to meet the diverse needs of its occupants.

Viktors Savins, CEO at EfTEN Capital Latvia, said, “The successful attraction of global corporations such as Tech Mahindra represents a notable accomplishment for property owners and our country, particularly against a slower Riga office market in recent years. These collaborations strategically position our capital as a dynamic and competitive hub for technology enterprises, contributing positively to the local economy, workforce, and overall reputation.”

Tech Mahindra Business Process Services is at the forefront of future-ready technology and has 55+ delivery centers in 15 countries that provide services in 50+ languages to 270+ global customers.

About EfTEN Capital:

EfTEN Capital is a leading real estate fund management company in the Baltic region, focusing on commercial real estate investments and offering comprehensive asset management services. With a solid track record in managing a diversified portfolio of properties, the firm aims to provide investors with attractive returns while focusing on responsible investment practices.

"EfTEN Capital" Latvian portfolio includes shopping center "Domina Shopping", office complex "Jaunā Teika", office buildings "Tērbatas Biznesa Centrs", "Duntes biroji" and "Blaumaņa Centrs", headquarters of the Latvian national airline "airBaltic", logistics centers "EfTEN Logistics Bergi", "EfTEN Logistics Piepilsetas", "EfTEN Logistics Ķekava" and "DSV logistics center", business and industrial complex "Technological Park Jūrkalne" and shopping center "RAF Centrs" in Jelgava. More: www.eften.lv

BPM Arm of Infosys Opens 2nd Office in Aguadilla, Puerto Rico

Infosys BPM, the business process management arm of Infosys, has announced that it has inaugurated a second facility at the Montana Industrial Park in Aguadilla, Puerto Rico, a Caribbean island, Commonwealth, and unincorporated territory of the United States.

This expansion represents an investment of $200,000, supported by the Puerto Rico Economic Incentive Fund, allocated by the Department of Economic Development and Commerce (DDEC). It will create 325 new jobs, adding to the current workforce of 300 employees.

The new office will enable Infosys BPM to serve more clients across various industries, including aerospace, healthcare, insurance, financial services, and telecommunications.

Infosys BPM's new office in Aguadilla, Puerto Rico, will provide a range of services across various industries. These services include business process management, IT consulting, application development, and outsourcing solutions. The expansion aims to enhance client support and create more job opportunities on the Island.

Infosys has a presence in the Caribbean, and while the recent expansion was in Aguadilla, Puerto Rico, there are other offices as well. For instance, in Costa Rica, Infosys has an office located in San Jose.

Infosys has been expanding its presence in the United States by establishing new offices.

In 2017, Infosys chose central Indiana for its first state-of-the-art technology and innovation hub. As of now, Infosys has technology hubs in North Carolina, Indianapolis, Hartford, Connecticut and Providence, Rhode Island. In 2012, Infosys opened a delivery center in Milwaukee, Wisconsin. This facility provides end-to-end technology, consulting, and systems integration services, along with a training center.

These expansions demonstrate Infosys' commitment to growth and job creation in the U.S.

Reaffirming the company's commitment to enhancing operational efficiencies, driving greater productivity, and providing exceptional value to its clients, Anantha Radhakrishnan, CEO & Managing Director, Infosys BPM, said, “Our expanded new facility in Puerto Rico is another significant step towards accelerating innovation for global companies, as Infosys BPM continues to be laser-focused on providing value from great processes and compelling experiences. We appreciate the immense support given to us by local policy makers to accelerate our vision for shared progress.”

Infosys BPM Limited is a wholly owned subsidiary of Infosys Limited (NSE, BSE, NYSE: INFY), was established in April 2002. It offers integrated end-to-end transformative business process management (BPM) services and have journeyed through the table stakes of effectiveness and efficiency with an ever-increasing focus on enhancing stakeholder experience and empathy. Infosys BPM enable clients to navigate their digital journey, operating from 45 delivery centres across 16 countries, with over 57,500 people from 111 nationalities.

HCLTech Opens New Offices in New Jersey and California

HCLTech, a leading global technology company, announced the opening of new offices in East Brunswick, New Jersey and Santa Clara, California, further strengthening its footprint in North America.

The New Jersey office is already operational, while the Santa Clara location is scheduled to open in mid-August.

The company celebrated the office launch in New Jersey with a traditional Indian ceremony, a community service activity with employees and a grand opening party with clients and partners. The Santa Clara office will officially open in mid-August.

Situated at prime business hubs on the NJ Turnpike and California Highway 237 respectively, the facilities are outfitted with state-of-the-art technology spaces to foster collaboration, creativity and culture for its people, while bringing services and innovation closer to clients and ecosystem partners.

According to Chief Marketing Officer Jill Kouri, “The offices will offer all of the post-COVID features of modern workspaces that will encourage our people to want to work from the office. Both locations will feature HCLTech’s Customer Experience Center (CEC) showcasing the best of company’s innovations and capabilities, including our immensely popular AI and Cloud Native Labs.”

“The inauguration of HCLTech's East Coast headquarters in New Jersey is a testament to our 2019 economic mission to India," said Governor Phil Murphy. “We’re thrilled that it has resulted in the expansion of their New Jersey footprint, underscoring the growing preference innovative enterprises have for making New Jersey home to their strategic hubs. With its cutting-edge office now established in our state's nucleus, this fast-growing tech trailblazer, specializing in GenAI, Cloud, and other emerging technologies, will undoubtedly make significant contributions to, and reap rewards from, our dynamic innovation ecosystem and the AI moonshot we have launched."

With the addition of the two new offices, HCLTech now has ten offices, 26 delivery centers and seven labs across North America. The company has over 23,000 people in North America and is ranked a number one employer in North America by the Top Employer Institute.

These new offices reinforce HCLTech's global delivery network and complement its existing presence in North America, with other key locations in Dallas, Seattle, Raleigh-Durham, Toronto and Vancouver.

HCLTech is a global technology company, home to more than 227,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG and Public Services. Consolidated revenues as of 12 months ending March 2024 totaled $13.3 billion. To learn how we can supercharge progress for you, visit hcltech.com.

Infosys Expands Its Footprint in Europe with a New Proximity Center in Sofia, Bulgaria

To Help Accelerate AI and Cloud-led Digital Journeys for Clients in the Region

The company commits to growing its local workforce to 500 employees over the next four years

Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a new proximity center in Sofia, Bulgaria as part of its continued growth in Europe. In line with Infosys’ strategy to amplify human potential hiring local talent, the new state of the art center will enable Infosys to attract, re-skill, and up-skill 500 new employees. Over the course of the next four years, these new employees will work on global opportunities around next-gen digital technologies including Infosys Cobalt Cloud Solutions, Infosys Topaz AI & Automation, Data and Insights, IoT, 5G, and software engineering.

Bulgaria has built a reputation as an attractive market for IT development thanks to its advanced IT infrastructure, strong pool of local IT specialists and excellent IT knowledge. Located in the nation’s capital, this center will provide an ideal environment for companies spanning various sectors such as financial services and retail, both within Bulgaria and throughout Europe, to convene and drive digital transformation efforts. Partnering with these organizations, the center will serve as a hub for ideating, incubating, creating, and scaling innovative emerging technology-based solutions.

Serving global and European customers, the center will support customers accelerate their AI and Cloud-led digital journeys and will further strengthen Infosys’ existing client relationships in Europe, particularly in manufacturing, retail and financial services sectors. Infosys will also use this center to rapidly scale up teams across digital and analytical capabilities as well as SAP and cloud.

Milena Stoycheva - Minister of Innovation and Growth, Bulgarian Government, said, "The opening of the new Centre in Sofia is a testament to Infosys’ commitment to fostering talent in our country. With a commitment to employing a 500 strong workforce over the next four years, we’re excited to see the company contribute to our local economy and bring new skills and opportunities for talent working in the technology sector.”

Kosta Cholakov, Chief Executive Officer, DZI Insurance, said, “Infosys is one of our strategic partners on our digital transformation journey and we’re thrilled to see Infosys expand its presence to Bulgaria, moving ever closer to its clients. We look forward to continuing collaborating together driving innovation with next generation technologies throughout our organization, underpinned by the wealth of talent and expertise.”

Dinesh Rao, Executive Vice President, Co-Head of Delivery, Infosys, said, “We are dedicated to continuing to grow our footprint in Europe to bring our capabilities, skills and expertise ever closer to our clients. Bulgaria is renowned for its excellent IT talent, and we’re excited to build an exemplary workforce that meets the demands for next generation skills and solutions, with a focus on catalyzing progress of our client’s AI and cloud first transformation. Bringing together the strength of local talent with our industry-leading expertise and innovation we’re confident the new center will serve as a hub of innovation to help shape digital Europe.”