Hisense, a consumer electronics and home appliances company, has joined hands with EPACK Durable Limited (EDL), a contract manufacturer.

Hisense has contracted EPACK Durable to setup advanced dedicated manufacturing facility in India to produce Hisense range of Air conditioners and Home Appliances using Hisense’s proprietary technology & designs.

This local manufacturing of its products by Hisense, is not only a step towards its commitment to enhancing manufacturing capabilities through Make in India, but also a reflection of its vision to introduce Hisense’s latest technologically superior, smart and premium-quality home appliances to India market, and there by help establish Hisense as a top 5 Brands in Air-conditioner and home appliances in India within next 5 years, in line with its global standing.

Hisense, a consumer electronics and home appliances company, has joined hands with EPACK Durable Limited (EDL), a contract manufacturer.

Through this agreement, EPACK Durable Limited will invest in advanced and dedicated production lines for manufacturing Air conditioners & Home Appliances including washing machines, refrigerators and other small domestic appliances.

JSW MG Motor India introduces GenAI chatbots Avira, Vir to enhance customer experience

Many critical RAC components, small domestic appliances, and some models of washing machines will be manufactured for Hisense using the existing infrastructure of EDL, helping EDL better utilize its current assets. EPACK will leverage its valuable experience and years of expertise through its state-of-the-art facilities and innovative manufacturing techniques, to streamline Hisense production, optimize asset utilization, while maintaining the highest standards of quality. This alliance will also see Hisense bringing in its technological expertise along with premium design capabilities.

EPACK Durable will immediately invest, firstly, in a new manufacturing facility in Sricity (Andhra Pradesh) with a capacity of 1.0 million RACs by Financial Year 27-28, with initial production set to begin in June 2025. Both companies are committed to sustainable practices and are excited about implementing eco-friendly manufacturing processes that align with their shared values.

The products manufactured at EPACK Durable’s facilities will not only serve the Indian market but Hisense will also explore opportunities to export these products to key international strategic markets. This initiative is set to strengthen the positions of both Hisense and EPACK in the global home appliances and air conditioners market. This strategic cooperation agreement with Hisense is likely to garner additional revenue of approximately $1 billion over the next 5 years for EPACK Durable and its subsidiary.

Steven Li, Managing Director of Hisense India “We are very thrilled to join forces with EPACK, a company that shares our dedication to excellence and innovation. This partnership will not only enhance our manufacturing capabilities but also allow us to focus on what we do best: creating outstanding products that resonate with Indian consumers.”

Pankaj Rana, CEO of Hisense India “Hisense is committed to delivering premium quality and smart products with state-of-the-art design to our customers. This partnership with EPACK Durable combines Hisense’s technological expertise with EPACK’s manufacturing capabilities. Through this alliance, we aim to achieve a leadership position in the Indian consumer durables market and expand our presence in strategic global markets.”

Ajay DD Singhania, Managing Director & CEO of EPACK Durable Limited: “This collaboration with Hisense opens new opportunities for growth in both domestic and international markets. With our combined strengths, we are poised to redefine excellence in the home appliance industry.”

Laxmi Pat Bothra, Director of EPACK Durable Limited: “Our agreement with Hisense is a significant milestone. By leveraging advanced technologies and innovative designs, we aim to deliver exceptional value to our customers and set new benchmarks in quality and efficiency within the home appliance sector.

Suzlon Group has joined hands with JSP Green Wind 1 Pvt. Ltd. (SPV of Jindal Renewables Power Private Limited) to decarbonise steel production with 400MW captive wind power deal. With this new order, Suzlon’s cumulative order book now stands at nearly 5.4 GW.

Suzlon will supply 127 wind turbine generators (WTGs) with Hybrid Lattice Tubular (HLT) towers, each having a rated capacity of 3.15 MW in the Koppal region of Karnataka. The power generated will be used for captive consumption in Steel Plants in Chhattisgarh and Odisha, boosting their operational sustainability while advancing India’s green energy goals.

Girish Tanti, Vice Chairman, Suzlon Group, said, “This collaboration not only redefines industrial sustainability but also aligns with India’s 2070 net‐zero vision. Together, we are setting a new benchmark for sustainable practices that foster growth while safeguarding the planet.”

Suzlon to develop 100.8 MW wind power project in Gujarat

Bharat Saxena, President, Jindal Renewables says, “As part of our commitment to cleaner energy solutions, we are taking breakthrough steps to integrate green energy into steelmaking, reducing the group’s overall carbon footprint and ensuring long‐term sustainability. This collaboration marks the beginning of a new era in sustainable steel production, enabling us to achieve Group’s net zero commitment by 2047.”

JP Chalasani, Chief Executive Officer, Suzlon Group, said, “Decarbonisation of the steel sector is a critical area that requires intervention if we want to realise India’s renewable energy targets. With two Indian conglomerates joining hands to reassess and empower steelmaking operations, this collaboration is a true testament to ‘Aatmanirbhar Bharat’. I am confident that this partnership will inspire many industry players to reassess their operations, as we collectively work toward a more sustainable future.“

IT services provider ESDS Software Solution Ltd. has elevated Sajiv Nair to the role of Chief Information Officer (CIO) and Chief Information Security Officer (CISO). This appointment is expected to bolster its position as a comprehensive provider of Cloud, IT security, and managed services.

In his new position, Nair will play a vital role in overseeing the strategic direction of information technology and security strategies of the organisation. He will lead the initiatives in business processes, implementation of efficient cybersecurity measures, and integration of IT projects with business processes.

Nair will also play a crucial role in strengthening ESDS’s suite of Cloud, Managed Services, and IT Security solutions with advanced cloud-based security to provide businesses to-function seamlessly and effortlessly in a protected and efficient IT environment.

ESDS appoints new COO to focus on AI related operations

“I am privileged to be in a place where I get to lead the change for an organisation that has, beyond question, transformed the Cloud, IT Security, and Managed services,” said Nair. “Our vision would be to create a future-ready IT ecosystem that drives innovation, enhances operational efficiency, and supports the seamless integration of emerging technologies-all while maintaining the highest levels of security and performance for our customers.”.

Piyush Somani, Founder, CMD, and CEO of ESDS, said: “Nair’s promotion to CIO and CISO is a well-earned advancement for ESDS. As one of India’s top five cybersecurity companies, and with Sajiv ranked among the top 10 cybersecurity experts in the country, this step further strengthens ESDS’s goal of becoming a leader in the nation’s IT and cybersecurity sectors. His outstanding experience in leading managed services and his extensive technical knowledge make him the ideal choice to guide ESDS’s IT infrastructure and cybersecurity strategies. Over the past two years, Sajiv’s leadership has played a pivotal role in our most significant achievements, and his ability to motivate and guide his teams is unparalleled, solidifying his position as a visionary in the technology industry.”

Digital Engineering and Enterprise Modernisation company Persistent Systems , planning to acquire Arrka, a Pune-based company data privacy solutions provider. This acquisition will enhance Persistent’s artificial intelligence (AI)-led, platform-driven services and strengthen its ability to provide comprehensive offerings in digital governance, including data privacy, AI governance, and cybersecurity, among others. With Arrka, Persistent will help clients accelerate their transformation journeys while ensuring ethical, responsible, and compliant AI.

The integration of Arrka is a critical component in scaling Persistent’s AI practice and addressing the rising demand for digital governance. It is a key to the company’s strategy to deliver responsible, ethical, and comprehensive platform-driven digital solutions.

Arrka’s Data Privacy Management platform enables organisations to manage their data privacy risks and comply with multi-jurisdictional legal and regulatory requirements in an integrated manner. Persistent will integrate and significantly broaden Arrka’s offerings to establish deep capabilities across the digital governance and trust domain, including equipping organisations to implement and manage AI risks, ensuring trust and governance across their AI initiatives; scaling Arrka’s Data Privacy expertise to help businesses enhance and mature their ability to comply with multiple privacy laws and regulations in a holistic manner; offering privacy-by-design capabilities that help embed ethical and trustworthy practices into AI development, thus ensuring transparent and explainable systems; developing tailored solutions for managing user consent, handling data subject rights requests, and ensuring transparency in data processing across multiple platforms and jurisdictions and offering continuous compliance and auditing solutions to ensure comprehensive monitoring of AI systems.

Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent, said, “Arrka’s acquisition perfectly aligns with our vision to deliver AI-driven services that fuel innovation and ensure data privacy, ethics, and compliance at every stage. By integrating Arrka’s expertise with our AI-led, platform-driven services strategy, we are empowering businesses to innovate responsibly while managing risk and compliance more effectively.”

Persistent launches population health management solution using Microsoft Azure OpenAI Service

Their mature frameworks and Data Privacy Management platform provide a scalable foundation to ensure this new capability is platform-driven and embeds governance from the outset, which is now critical for successful AI implementations. We’re delighted to welcome Shivangi and her talented team as we strengthen our digital governance and data privacy offerings and shape the future of responsible AI together, he added.

“The acquisition catapults Arrka onto the global stage. With the strength and resources of Persistent, we now have the opportunity to go from what has been a specialist, boutique business working with select long-term clients in India, to expanding our footprint into global markets and deepening our expertise rapidly in multiple areas of digital governance. Moreover, this has come at an opportune time, just when this domain is experiencing significant growth globally with the rise of AI. The Arrka team is excited by the opportunities ahead,” said Shivangi Nadkarni, Co-Founder of Arrka.

Firstsource Solutions Limited, a global provider of specialist domain-led Business Process Services (BPS) and an RP-Sanjiv Goenka Group company, today announced its operations in Australia and New Zealand. The company will be headquartered in Victoria, Melbourne, creating over 400 new local jobs over the next five years.

Today, Firstsource’s Chairman Dr. Sanjiv Goenka, COO, Sohit Brahmawar, and ANZ Country Head Gagan Vohra met Victorian Premier Jacinta Allan in Delhi to discuss the mutual support for establishing Firstsource’s headquarters in Melbourne and helping grow the state’s digital capabilities, bringing new proprietary technology and driving more research, innovation, and growth in the state’s digital ecosystem. Firstsource plans to partner with Victorian education institutions to set up an innovation lab focused on AI, engineering, robotics, and digital experimentation.

Firstsource global growth strategy

Goenka said, “Expanding our operations into Australia marks a significant milestone in Firstsource’s global growth strategy. We see this as an important opportunity to leverage not just the immense opportunities the country presents, but also the outstanding support provided by the government in ease of doing business and building a stronger local economy. We are delighted by the support and partnership provided by the Victorian Government toward setting up our operations and look forward to contributing meaningfully to the growth and success of both our business and the local economy.”

Allan, said, “Securing Firstsource’s Australia and New Zealand headquarters will create hundreds of jobs and boost our thriving digital innovation ecosystem. Melbourne is Australia’s leading tech city – it’s no surprise that global leaders are continuing to invest in Victoria.”

Pallas stated, “Our world-leading education institutions, tech talent pool and innovation ecosystem are attracting more investors to expand into our state and create high value jobs for Victorians.”

Firstsource has recently demonstrated industry-leading growth for multiple quarters with ambitious plans to grow its presence across important geographies and capabilities, optimizing its outcome-led deep domain specialist expertise, cutting-edge tech, data, and analytics capabilities to leverage opportunities and build differentiation. India is a major two- way trading partner for Victoria totaling $3.6 billion in 2023-24. Over the last five years, software and IT services have accounted for 66 percent of Indian foreign direct investment, highlighting the critical role digital technology plays in the economic relationship.