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Sabic to Showcase Innovative Material Solutions at Plastindia 2026 Under the Theme "Shaping Tomorrow Together"

SABIC, a global leader in diversified chemicals, will bring its latest innovative and advanced material solutions to PlastIndia 2026, in support of India and the region’s fast-growing economies, including electrification and the use of renewable materials and energy. With the theme of “Shaping Tomorrow Together”, SABIC will highlight how advanced materials and technical expertise are enabling solutions that touch everyday life across mobility, energy, infrastructure, packaging and consumer applications.

 

SABIC uses materials in premium-quality polyethylene to help create products designed to keep your cup warm for longer


Visitors at the event will be among the first to see SABIC’s approach of collaborating closely with customers to anticipate future needs and co-develop solutions for the region’s evolving industries, with exhibits demonstrating how materials science can support electrification, lightweighting and infrastructure development, while enabling improved performance, process efficiency and support sustainability outcomes. India is a one of the strategic markets for us.


Sami Al-Osaimi, Executive Vice President, Polymers SBU at SABIC said “Through close collaboration with our customers and value chain partners, we are developing advanced material solutions that support India’s growth ambitions while enabling better performance and supporting sustainability across industries. Plastindia 2026 is an important platform to demonstrate how we can join hands to shape tomorrow together.


SABIC’s presence at Plastindia 2026 is organized around four experience areas: MOVE, BUILD, POWER and CARE, representing the cornerstones of modern life. Through these areas, visitors will understand how SABIC’s materials are applied across industries, including buildings and infrastructure, transportation and mobility, electrical and energy systems, and healthcare and consumer products, with a focus on delivering clear application-level advantages for manufacturers and end users. 


MOVE: Enabling next-generation EV charging and automotive applications to be lighter, safer and more durable, helping manufacturers reduce maintenance, improve design flexibility and support reliable e-mobility infrastructure. The production of large battery enclosures used in the automotive industry is supported by SABIC’s MEGAMOLDING™ platform which enables the manufacturability of large, high-performance thermoplastics. 


BUILD: Advancing piping and construction applications that enable long-term strength and crack resistance while reducing weight versus metal, helping ensure safer water networks and more resilient infrastructure.


POWER: Supporting solar and energy applications, including floating photovoltaic systems and high-performance panels, that help improve energy output, enable extended service life and lower overall system costs through enhanced durability and weatherability.


CARE: Showcasing packaging and consumer applications that help protect everyday contents while helping in enabling recyclability, convenience and enable longer shelf life, alongside dedicated healthcare materials that support safer drug delivery, blood management and personal protection. 


With over four decades of successful collaboration in India, SABIC brings together global expertise and strong local understanding to support customer growth and application development. Through its participation at PlastIndia 2026, the company reiterates its focus on enabling progress through materials, technology and collaboration.


To learn more, visit SABIC at Hall 2, Ground Floor, Booth G05 during PlastIndia 2026 from February 5–10, 2026 at Bharat Mandapam, New Delhi.

Sauce Labs Opens Delhi R&D Hub to Advance AI-Driven Test Automation

Sauce Labs Inc., the leading provider of continuous software quality solutions, today announced the opening of its new office in Delhi, India. This expansion serves as a cornerstone of the company’s global strategy to harness premier talent for the next generation of AI-driven software quality.


The Delhi office will be led by Anupam Jain, who will oversee the location’s growth and integration into Sauce Labs’ global engineering efforts. Established as a high-impact R&D office, the center is specifically tasked with advancing Sauce Labs’ AI-based autonomous test authoring and intelligence capabilities to better serve regional and global customers.


Our presence in Delhi is a strategic commitment to innovation in our platform,” said Prince Kohli, CEO of Sauce Labs. “In my career, I’ve found that the most complex problems aren’t solved by staring at a screen for 80 hours a week-they are solved when you continue to hire the smartest people and give them the space to collect their thoughts. Our Delhi team will be co-architects of our vision of eliminating the crushing burden of test creation, test execution, test maintenance and release automation on software developers and app creators.”


The Delhi R&D hub is already recruiting premier talent in software engineering and data science to help global brands manage the complexities of modern, AI-generated code. The move underscores Kohli’s leadership philosophy of “staying human” to achieve peak professional results.


At Sauce Labs, we know that great innovation requires both hard work and the mental space to think big. By establishing a home in India, we are bringing together some of the brightest minds in the industry. I’m excited to build a culture here rooted in trust and autonomy-one where our team has the freedom to do their best work and lead the charge in AI-driven testing,” added Kohli.


You can see more about the most recent Sauce AI innovations here: www.saucelabs.com/solutions/ai.


About Sauce Labs
Sauce Labs is the leading platform for continuous quality, trusted by the world’s top enterprises – like Walmart, Bank of America, and Indeed. Billions of tests run on the Sauce Labs platform, and hundreds of thousands of users depend on Sauce Labs to help them quickly deliver the highest quality software experiences. Our unified platform powers continuous quality across the SDLC – using AI-driven analytics to identify key quality signals from development through production. With over a decade of expertise and deep roots in the Selenium and Appium open-source communities, Sauce Labs helps teams test on thousands of different devices, browsers, and operating systems – anywhere, any time, and at any scale.

 

For more information, please visit saucelabs.com.

Manthanites Earn Cambridge Outstanding Learner Awards for the Fourth Consecutive Year

Manthan School marked another proud academic milestone as its students received recognition at the Cambridge Outstanding Learner Awards, making this the Fourth consecutive year that Manthan learners have been honoured at the national level. The achievement reflects a learning journey built on depth, discipline, and sustained academic mentoring.

 

Manthan students Hansini and Ishan earn national recognition at the Cambridge Outstanding Learner Awards, receiving Top in the Country honours


In the March 2025 examination series, Hansini (A Level) was awarded Outstanding Performance in Economics, a subject that demands not only conceptual understanding but strong analytical thinking and clarity of expression.

 

Continuing this success, Ishan (A Level) received the Exceptional Achievement Award in Chemistry in the March 2025 examination series. He was also recognised for his performance in Economics in the November 2024 examinations, highlighting his ability to excel across disciplines.


At Manthan, such outcomes are shaped over time. Students are encouraged to engage deeply with subjects, ask questions, test ideas, and refine their thinking through regular feedback and close academic guidance. This approach allows learners to move beyond rote preparation and develop confidence in applying concepts, an ability that is reflected in results at the highest level.


Reflecting on her experience, Hansini shared, “Manthan School has consistently provided a nurturing environment that supported both my academic and personal growth. I am especially grateful to my economics teachers, who constantly pushed me to strive for excellence in Economics and played a significant role in shaping my passion for the subject. Their guidance and belief in me have had a lasting impact on my learning journey and aspirations.


According to Surjeet Singh, Principal at Manthan School, a strong focus on academic foundations is key to sustained success.

 

We prioritise deep understanding through structured planning, regular academic reviews, and individual mentoring. When students consistently feel both supported and challenged, excellence follows,” he said.


This approach has led to consistent and measurable academic outcomes over the years. At the secondary level, a majority of Manthan’s learners regularly achieve top grades, with over 60% of Grade 10 students securing the top two grades (A and A) across subjects*, and more than 30% scoring above 90%. At the senior secondary level, 30% of Grade 12 students have achieved scores of 85% and above in their board examinations.


At earlier stages as well, Manthan students continue to perform above international averages in the Cambridge Primary and Secondary Checkpoint assessments in English, Mathematics, and Science, reflecting strong foundations built from the primary years onwards.


Congratulating the students and their families, Pratibha Gupta, Teacher Leader for High School, acknowledged the collective effort behind the achievement. “Hansini and Ishan’s success is a result of their dedication, the support of their parents, and the commitment of our teachers. It is moments like these that reaffirm Manthan’s belief in sustained, meaningful learning,” she said.


As Manthan celebrates yet another year of recognition at the Cambridge Outstanding Learner Awards, the school continues to focus on what matters most, creating the right environment, process, and guidance that allow students to excel with confidence and purpose.


To know more, visit www.manthanschool.org

 

PeanutButterJelly Launches Commerce-Driven Marketplace with Commissions Allocated to Scholarships through 2028

PeanutButterJelly (PJELLY), a community-driven digital initiative, today announced the launch of a commerce-driven marketplace designed to support scholarship funding through a structured commission allocation model.
 

The newly launched marketplace enables users to access third-party products and services through standard affiliate links. Commissions generated through marketplace activity are allocated to scholarship funding in accordance with the project’s publicly stated allocation policy, which applies through 2028. The marketplace is designed to scale without incremental operating costs, allowing scholarship funding to grow proportionally with platform usage. The marketplace is now live and accessible worldwide, launching with initial categories that include consumer goods, technology, books, and academic supplies.
 

Operational Independence

The marketplace operates as a curated portal, allowing students to access a diverse ecosystem of technology, academic resources, and lifestyle essentials. While the marketplace facilitates access to these globally recognized brands, it operates independently of the broader ecosystem and does not involve formal endorsements or joint ventures with the featured third-party retailers.
 

Participation in the marketplace is optional, and no purchase is required to engage with other aspects of the platform. In addition to commerce-based funding, the platform also supports peer-to-peer (P2P) scholarship contributions, allowing community members to direct funds toward individual students or scholarship initiatives.
 

Supporting Education Access

Allocated scholarship funds may be used by eligible students toward educational materials, including books, through third-party retailers accessible via the platform’s affiliate marketplace.
 

“This launch reflects a deliberate effort to align platform activity with a defined social objective,” said a project representative. “By allocating marketplace commissions to scholarship funding and supporting optional peer-to-peer contributions, we are formalizing multiple pathways to support education through the platform.”
 

The project expects to share additional updates related to scholarship eligibility, allocation processes, and future platform developments in subsequent announcements.

 

About PeanutButterJelly (PJELLY)

PeanutButterJelly (PJELLY) is a community-driven digital initiative focused on exploring platform features aligned with social impact objectives, including efforts related to education access and hunger relief. The project is independently operated and is not affiliated with or endorsed by third-party brands referenced through standard affiliate programs. PeanutButterJelly is a brand and trademark of Veritas Network Holdings.
 

Important Notice:

This press release is provided for informational purposes only and does not constitute an offer, solicitation, or investment recommendation. 

DISCLAIMER FOR INDIA
“Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.”


Media Contact

PeanutButterJelly Communications

information@peanutbutterjelly.io
 

Marketplace: www.peanutbutterjelly.io/marketplace

Website: www.peanutbutterjelly.io

X (Twitter): @PButterJelly

Telegram: t.me/PBJelly_Official

 

SOURCE: Veritas Network Holdings

Sunstone Launches ALTA School of Technology – AI-First Computer Science Program

In a bold move to redefine engineering education in India, Sunstone today announced the launch of ALTA School of Technology, an AI-First Computer Science program built to bridge the massive gap between traditional engineering education and real industry requirements.
 

ALTA is the evolution of Sunstone Select, which was originally launched in 2023 as an experential engineering initiative by Sunstone. Over the past three years, Sunstone Select has successfully enrolled 600+ students across partner campuses, validating the need for a new-age, industry-aligned engineering model. Building on this proven foundation, the program now takes a sharper, future-ready identity as ALTA School of Technology.
 

For more information: www.altaschool.tech
 

Every year, over 1.5 million engineers graduate in India, yet less than 10% possess the hands-on skills required for AI-driven and product-based roles. ALTA is built to change that.

“Sunstone Select showed us that students thrive when education is aligned with real industry practices. ALTA is the next evolution – AI-first, project-first, and future-first,” said Ashish Munjal, Founder of ALTA and Co-Founder & CEO of Sunstone.

 

What Makes ALTA Different?

ALTA is not a conventional UG Computer Science program. It is an AI-First, build-from-day-one Computer Science journey delivered in partnership with UGC/AICTE-approved institutes across India.
 

From Coder to Hired – Built Into the Curriculum

Unlike traditional colleges where placements are an afterthought, ALTA integrates career readiness into everyday learning through:

  • Competitive coding culture (LeetCode, ICPC, GSoC)

  • Mock interviews with MAANG mentors

  • Portfolio-driven hiring approach

  • 1000+ recruiting partners across product companies, startups, and unicorns

Students at ALTA:

  • Get free access to GPT, Claude, Gemini and 15+ AI tools

  • Learn directly from MAANG engineers and industry practitioners

  • Build and deploy 20+ real projects with live users

  • Graduate with a GitHub portfolio stronger than a resume

  • Complete a 6-month internship before graduation

  • Unbox a MacBook on Day One

 

Built on a Proven Foundation

Since its launch in 2023, Sunstone Select has enrolled 600+ students and demonstrated how experiential learning, industry mentorship, and project-based outcomes can dramatically improve engineering readiness.

ALTA carries forward this legacy with a more focused identity dedicated entirely to AI-driven Computer Science education.

“Our vision is simple, match the right students with the right learning, tools, and mentorship so they graduate industry ready from Day One,” said Harshit Agarwal, alum of IIT BHU, ISB – Director – Program at ALTA.
 

Scholarships & Nationwide Rollout

Admissions are now open for the 2026 batch across partner campuses. Students can apply through the ALTA Scholastic Aptitude Test (A-SAT) and are eligible for scholarships up to 100% tuition support based on merit and performance.
 

About ALTA School of Technology
ALTA School of Technology is an AI-First engineering education initiative by Sunstone, designed to create India’s next generation of product engineers, AI builders, and tech founders through experiential, industry-aligned Computer Science education.

 

Website: www.altaschool.tech
Email: connect@altaschool.tech
Contact: 7065 333 888

Living Longer, Planning Better: Antara, Star Union Dai-ichi Life Insurance Join Hands to Raise Awareness About Need for Senior Care in India

To improve awareness about and access to the availability of senior care services and products, Antara Senior Care – India’s only fully integrated senior care ecosystem – has joined hands with Star Union Dai-ichi Life Insurance (SUD Life), one of India’s fastest growing and prominent life insurance providers in India. The tie-up takes an integrated approach towards senior wellness and financial literacy with the initiative set to culminate in the launch of specialised financial products for seniors.

 

According to The Longitudinal Ageing Study of India (LASI) 2021 report by the Ministry of Health & Family Welfare, only 28% seniors are aware of any concessions, schemes or benefits available for them, a mere 18% are covered by health insurance, and 78% live without pension cover. The fact that ~70% seniors are completely dependent on family and relatives for everyday needs despite various government schemes and emerging private sector solutions underlines the need for initiatives to further awareness about age-care services. The Antara-SUD Life partnership is a decisive step in that direction.

 

Ishaan Khanna, CEO, Antara Assisted Care Services, said, “We are pleased to collaborate with Star Union Dai-ichi Life Insurance to promote well-informed, proactive ageing, enabling seniors to lead healthier, more independent lives. Backed by the Max Group’s legacy in healthcare and the experience of developing one of India’s most comprehensive senior care ecosystems, Antara is uniquely positioned to help SUD Life Insurance customers and their families understand various facets of holistic wellness to secure their future.”

 

Mr. Abhay Tewari, MD & CEO, Star Union Dai-ichi Life Insurance, said, “​​We are delighted to partner with Antara to deliver a structured and holistic approach to senior citizen well-being, integrating financial security with overall wellness. At its core, this initiative is about helping people understand their choices and plan with more confidence. As longevity increases, such integrated solutions will play a critical role in helping individuals plan with confidence for the years ahead.”

 

As India’s foremost fully integrated senior care ecosystem with services spanning from award-winning residences to NABH-accredited Care Homes to D2C wellness website AGEasy, Antara will use its expertise, derived from serving over five lakh seniors, to craft digital-first, information-rich communication for SUD Life’s customers and employees. Antara experts will also lead webinars and on-ground engagements to further awareness about the different types of care needed through differing phases of ageing and the financial solutions and tools needed to equip seniors and their families. Insurance specialists from Star Union Dai-ichi Life Insurance curated and launched exclusive financial products that can be used by Antara customers.

 

India is at the cusp of a significant demographic shift. According to the JLL-ASLI 2024 report, the country’s senior population is poised to more than double from 156.7 million in 2024 to 347 million by 2050. UNFPA data projects that the population of people aged 80+ in India will grow by approximately 279% between 2022 and 2050, bringing with it complex challenges be they financial or care related. Addressing these requires integrated, scalable solutions that go beyond healthcare alone – a gap addressed by this tie-up between Antara Senior Care and SUD Life.

 

About Antara Senior Care

Launched in 2013, Antara is the senior-care business of Max India Limited, part of the $7-billion Max Group. It is an integrated ecosystem for senior care, operating in two main lines of business – Residences for Seniors and Assisted Care Services. Antara’s first senior residential community in Dehradun, comprising nearly 200 families, caters to their social, recreational, educational, wellness, and health-related needs. In the near future, it will open its second senior living community in Noida’s Sector-150, with families moving into the 340 apartments built in the first phase. Expanding its footprint in Gurugram, Antara will manage senior living residences, dedicated spaces for senior living, and primary healthcare services at Estate 360 and Estate 361, developed by Max Estates. Antara’s Assisted Care Services include Care Homes, Memory Care Home, Care at Home and AGEasy. This line of business caters to seniors, who need more immersive interventions in their daily lives due to medical or age-related issues. With seven facilities across Gurugram, Noida, Bengaluru and Chennai, Care Homes provide long-term care to seniors who require constant medical and nursing supervision, and short-term care services for the recuperation of seniors. Its Care at Home services, offered in Delhi NCR, Bengaluru and Chennai, provide well-equipped, trained professionals offering care to seniors inside their home’s comfort. AGEasy, an online and offline store focusing on senior-specific products and solutions to manage chronic health conditions at home, has touched over 5 lakh lives since inception in 2023.

 

About SUD Life Insurance
Star Union Dai-ichi Life Insurance (SUD Life), founded in 2009, is a powerful collaboration between two of India’s leading public sector banks, Bank of India, Union Bank of India, and Daiichi Life, Japan’s second-largest life insurer. Built on a strong foundation of trust and expertise, SUD Life serves over 15 million customers with Assets Under Management (AUM) of Rs. 31,069 Crores (as of 31st March 2025) through a strong network of over 20,000 distribution touch points, offering innovative and customer-centric solutions. SUD Life stayed ahead of the curve by enhancing its digital capabilities and customer service standards, achieving an individual Claim Settlement Ratio of 98.84% (as of 31st March 2025) and reducing the average claim settlement turnaround time to just 3.54 days, a powerful testament to the company’s operational excellence and customer-first approach. Star Union Dai-ichi Life Insurance (SUD Life) has established its IFSC Insurance Office (IIO) in Gujarat International Finance Tec City (GIFT City). This strategic expansion will enable SUD Life to offer foreign currency-denominated life insurance solutions to Resident Indian/Non-Resident Indian/Person of Indian Origin (PIO)/Overseas Citizen of India (OCI) customers.

Manipal Academy of BFSI Partners with Central Bank of India to Empower 1,000 Future-Ready Credit Officers

Manipal Academy of BFSI (UNext Learning), India’s premier institution for financial services skilling, is proud to announce its continued collaboration with the Central Bank of India (CBI) to train a specialized batch of 1,000 credit officers. This intensive residency program, conducted at the Manipal Academy of BFSI campus, aims to bridge the gap between academic knowledge and real-world banking expertise, ensuring new officers are ready to perform from their very first day on the job.

 

Manipal Academy of BFSI Partners with Central Bank of India to Empower 1,000 Future-Ready Credit Officers

 

As a premier institution with an 18-year legacy of training over two lakh professionals, Manipal Academy of BFSI has curated a high-impact learning journey for Central Bank of India, that aligns with the current demands of the Indian economy. The program features a mix of academic rigor and practical application through simulation-led classrooms, mock bank branches, and digital learning journeys.

 

The current cohort represents a diverse cross-section of India, with 1,000 learners hailing from 25 different states. The group includes a strong representation of both men and women, as well as visually challenged learners, reflecting a shared commitment by both institutions toward inclusive growth and national representation.

 

Kalyan Kumar, MD and CEO of Central Bank of India, added during his visit to the academy, “At Central Bank of India, our collaboration with Manipal Academy of BFSI (MABFSI) represents a transformative step in building the future of banking excellence. Under the guidance of expert faculty, these officers are being equipped with specialised skills in due diligence, credit approval, underwriting processes, and business communication, blending technical proficiency with vital soft skills to excel in customer interactions amid today’s competitive landscape. This structured approach is vital for achieving our vision of sustainable growth and supporting India’s journey toward becoming a ‘Viksit Bharat’ by 2047”.

 

Speaking about the partnership, Dr Soumyadip Roy, Associate Professor and Director in-charge of Manipal Academy of BFSI, stated: “At Manipal Academy of BFSI, we believe inbuilding a workforce that is ready to perform from the very first time they enter a branch. Two great institutions, Central Bank of India with its 114-year legacy and Manipal Group with its 80-year history in education have come together to empower these learners. Our curriculum is carefully curated to focus on the tech side of banking, from AI-driven risk assessment to digitized onboarding, ensuring these future bankers can balance technology with the high-trust nature of financial services.”

 

The partnership between Manipal Academy of BFSI and Central Bank of India has spanned over 11 years, delivering nine structured programs to nearly 2,000 professionals to date. This

 

latest initiative focuses on deep proficiency in the credit job family, covering due diligence, credit underwriting, and risk management.

 

About MABFS

Manipal Academy of BFSI is a UNext Learning entity and part of the Manipal Education and Medical Group (MEMG). It is India’s leading workforce development and professional education company, offering industry-relevant education for BFSI professionals.

 

Since 2008, Manipal Academy of BFSI has partnered with over 50 leading banks, insurance, and non-banking financial organizations and has trained over 2,00,000 professionals in the industry. As a result, more than one in five bankers in India is now our alumni.

Aqylon Nexus Limited Enters into MoU with MBuzz Technologies, Middle East to Explore AI & Hyperscale Data Centre Opportunities in India

Aqylon Nexus Limited (BSE: 530943) (NSE: SABTNL) (formerly known as Sri Adhikari Brothers Television Network Limited), a publicly listed Indian company focused on next-generation digital infrastructure, has entered into a Memorandum of Understanding (MoU) with MBuzz Technologies, Middle East, a global technology solutions provider and an NVIDIA AI Factory Partner, to explore opportunities in Artificial Intelligence (AI), AI-ready hyperscale data centres, and AI cloud infrastructure.
 

Tapping into India’s Rapidly Growing AI & Data Centre Market

India is emerging as one of the world’s fastest-growing markets for AI adoption, hyperscale data centres, and cloud-based computing, driven by enterprise digital transformation, data localisation requirements, and increasing demand for GPU-powered AI workloads. States such as Telangana are positioning themselves as preferred destinations for large-scale AI and data centre investments.
 

Against this backdrop, the MoU provides a framework for Aqylon Nexus Limited and MBuzz Technologies to evaluate and explore collaboration opportunities aligned with India’s growing role in the global AI and digital infrastructure ecosystem.
 

Scope of the MoU: AI, Hyperscale & Global Markets

Under the MoU, the parties will explore potential cooperation in areas including:

  • AI-driven platforms, applications, and enterprise solutions

  • AI-ready hyperscale and edge data centre infrastructure

  • High-performance computing (HPC) and GPU-accelerated ecosystems

  • Evaluation of opportunities across India, the Middle East, and other mutually agreed international geographies
     

Collaboration with an NVIDIA AI Factory Partner

MBuzz Technologies, headquartered in the Middle East, is an NVIDIA AI Factory Partner with experience in deploying advanced AI platforms, GPU-based computing environments, and data centre enablement solutions. Through this MoU, the parties intend to assess the potential application of NVIDIA-based AI technologies and AI factory architectures in future digital infrastructure initiatives, subject to further agreements and approvals.
 

Positioning for Long-Term AI Infrastructure Opportunities

The MoU aligns with Aqylon Nexus Limited’s long-term focus on building scalable, sustainable, and AI-ready digital infrastructure to serve enterprise customers in India and global markets. As AI increasingly becomes foundational to modern enterprises, demand for AI-optimised data centres and cloud infrastructure is expected to continue rising.
 

The MoU is non-binding in nature and does not involve any equity participation between the parties. Any definitive agreements, if entered into, will be subject to due diligence, internal approvals, and applicable regulatory compliances.
 

About Aqylon Nexus Limited

Aqylon Nexus Limited (formerly Sri Adhikari Brothers Television Network Limited) is a publicly listed company focused on developing AI-ready hyperscale data centre infrastructure and cloud-based digital services. The Company is building capabilities across AI infrastructure, next-generation computing, and digital platforms to support enterprise and global market requirements.
 

About MBuzz Technologies, Middle East

MBuzz Technologies is a global technology solutions provider headquartered in the Middle East and an NVIDIA AI Factory Partner, specialising in AI infrastructure, GPU-accelerated computing, and hyperscale data centre enablement.
 

Forward-Looking Statement Disclaimer

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially due to various factors, including regulatory approvals, market conditions, and the execution of definitive agreements. This release is for informational purposes only and does not constitute financial guidance or investment advice.
 

Investor & Media Contact

Aqylon Nexus Limited

(formerly known as Sri Adhikari Brothers Television Network Limited)
 

Email: info@aqylon.co
Website: www.aqylon.co

SRM University-AP and JK Srivastava Hynfra P.S.A. Ltd Partner to Drive Green Hydrogen Innovation with Centre of Excellence

SRM University-AP inks a Memorandum of Understanding (MoU) with JK Srivastava Hynfra P.S.A. Ltd to strengthen green hydrogen research and innovation, aligned with Andhra Pradesh’s goal to become India’s Green Hydrogen Hub by 2030. The university, in collaboration with JK Srivastava Group, will establish a Centre of Excellence in Hydrogen Technologies for research, academic, and scientific knowledge exchange in the field of Green Hydrogen Technologies.

 

JK Srivastava, Founder & Chairman, JK Srivastava Hynfra P.S.A. Ltd and Dr R Premkumar, Registrar, SRM University-AP Signing the MoU

 

This initiative falls under the Andhra Pradesh state’s 2030 goal of producing 1.5 MMTPA of green hydrogen. The project also aims to develop a comprehensive roadmap for hydrogen storage and transportation, develop hydrogen-powered fuel cell-based trains, buses, trucks, etc., establish electrolyser manufacturing capacity of 5GW, and bring down the cost of Hydrogen.

 

Dignitaries from JK Srivastava Hynfra Group and SRM University-AP leadership with the signed MoU

 

At the Green Hydrogen Summit held at SRM University-AP in July 2025, the Hon’ble Chief Minister of Andhra Pradesh, Sri Nara Chandrababu Naidu, declared Green Hydrogen Valley-Andhra Pradesh, aiming to establish the state of Andhra Pradesh as India’s Green Hydrogen hub, in alignment with the National Green Hydrogen Mission. The summit also recognised SRM University-AP as the state nodal agency to execute advanced research in hydrogen technologies for the project.

 

In its role as the state nodal agency, SRM University-AP is driving the initial phase of green hydrogen development by the establishment of the Centre of Excellence for Hydrogen Technologies, foundational R&D capabilities, and collaborative platforms for green hydrogen in partnership with J K Srivastava Hynfra P.S.A. Ltd. 

 

The JK Srivastava Group, in partnership with Hynfra, has made a landmark investment of ₹35,000 crore to establish a green ammonia industry near Mulapeta, Srikakulam, Andhra Pradesh, operational by 2029. Expected to generate over 10,000 jobs, the project marks a major milestone in India’s clean energy transition and its growing leadership in the global green hydrogen race. Against this backdrop, SRM AP’s collaboration with JK Srivastava Hynfra P.S.A. Ltd will catalyse cutting-edge research, enable industry-ready innovations, and nurture future-ready talent in hydrogen technologies.

 

Prof. D. Narayana Rao, Executive Director – Research, SRM Group of Institutions and Member Secretary, Andhra Pradesh Green Hydrogen Valley, presented a comprehensive overview of the envisioned objectives of the Green Hydrogen Valley–Andhra Pradesh and the Centre of Excellence for Hydrogen Technologies. He highlighted that the Centre will focus on developing high-efficiency catalysts for electrolysis, exploring the feasibility of alternative water sources—including direct seawater electrolysis—advancing novel hydrogen storage solutions, and examining the potential application of hydrogen in powering data centres.

 

Prof. Rao emphatically mentioned that the Centre of Excellence for Hydrogen Technologies being established at SRM AP is an excellent initiative involving the government, industry and the academia.

 

Highlighting the Government of Andhra Pradesh’s Integrated Clean Energy (ICE) policy, Dr Kamalakar Babu, VC & MD, NREDCAP, emphasised that the visionary leadership of the Hon’ble Chief Minister, supported by state agencies, is steering Andhra Pradesh towards achieving net-zero emissions by 2047. He described the green hydrogen initiative as a transformative mission driven by strong collaboration between various sectors.

 

JK Srivastava, Founder & Chairman, JK Srivastava Hynfra P.S.A. Ltd, said, SRM AP’s Green Hydrogen Summit strongly aligned with Andhra Pradesh’s visionary leadership. Leveraging its vast coastline, the state targets exporting 500,000 tonnes of green ammonia to Europe by 2029. He also said that the Centre of Excellence at SRM AP will demonstrate advanced electrolysers, hydrogen storage, and smart hydrogen-led cities.

 

Artur Kolakowski, Director, Business Development, JK Srivastava Hynfra P.S.A. Ltd, and Pawel Trojanowski, Business Development Director, Hydrogen Systems, Rockfin, highlighted innovative hydrogen production through advanced electrolysis, renewable-powered systems, along with next-generation storage solutions such as high-pressure systems, liquid hydrogen, and chemical carriers for safe and scalable deployment.

 

Prof. Ch Satish Kumar, Vice Chancellor, SRM University–AP underscored the MoU as a significant step towards integrating hydrogen technologies into academics, research, and leadership training at the University, which is reinforcing SRM AP’s commitment to advancing sustainable energy solutions in partnership with industry leaders like the JK Srivastava Group. 

 

Pankaj Srivastava, Director, JK Srivastava Hynfra P.S.A. Ltd, Dr R Premkumar, Registrar, SRM University-AP, Prof. Ranjit Thapa, Dean-Research, Prof. GS Vinod Kumar, Associate Dean and Professor, and Dr Pardha Saradhi Maram, Convenor of Green Hydrogen Summit 2025 and Associate Professor, SRM University-AP, also graced the occasion.

Tuhin A. Sinha Visits Parashar Future Defence Technologies, Highlighting MSME-led Indigenous Manufacturing Aligned with National Priorities

BJP National Spokesperson Tuhin A. Sinha recently visited Haryana-based Parashar Future Defence Technologies and Parashar Industries, engaging with the company’s indigenous drone manufacturing capabilities and its growing role in India’s defence manufacturing and high-technology MSME ecosystem.

 

https://www.newsvoir.com/images/article/image1/34536_parashar_image.png

BJP National Spokesperson Tuhin A. Sinha interacting with Nagender Parashar, Director, Parashar Industries


The visit assumes particular significance in the backdrop of the Union Budget presented post Operation Sindoor, which has accorded Defence Services an unprecedented allocation of INR 7.85 lakh crore for FY 2026–27. This represents 2% of the estimated GDP for the coming financial year and reflects a 15.19% increase over the Budget Estimates of FY 2025–26. Defence expenditure now accounts for 14.67% of total Central Government spending, the highest among all ministries, underscoring the strategic importance of national security alongside economic development.


The Budget has reinforced a carefully calibrated security–development–self-reliance balance, widely seen as being in the best long-term interest of the nation. Recent disruptions in global supply chains and the increasing prioritisation of domestic requirements over foreign suppliers have once again highlighted the urgency of import substitution and indigenisation, not merely for operational sustenance but for future defence modernisation.


In line with this approach, the Ministry of Defence has further strengthened its policy framework by earmarking INR 1.39 lakh crore—nearly 75% of the Capital Acquisition budget—for procurement from domestic industries in FY 2026–27. Such targeted budgetary support reassures Indian manufacturers about long-term demand visibility, encourages fresh investments, and enables domestic players to assume a progressively larger role in the capability development of the Armed Forces.


During the visit, Tuhin A. Sinha interacted with Nagender Parashar, CEO and Director, Parashar Future Defence Technologies, and the senior technical team. He was briefed on the company’s end-to-end drone development lifecycle, encompassing design, in-house research, precision manufacturing, testing, and deployment—all carried out within India. The interaction showcased Parashar’s emphasis on engineering excellence, quality assurance, and mission-ready performance, reinforcing its reputation as a reliable Indian product brand serving both defence and select civilian applications.


With nearly 28% of the total defence allocation directed towards capital expenditure, upcoming acquisition programmes are expected to cover next-generation fighter aircraft, smart and lethal weapons, ships and submarines, unmanned aerial vehicles, drones, and specialised platforms. In this evolving procurement landscape, companies such as Parashar Future Defence Technologies are increasingly positioned as credible MSME partners, capable of delivering agile, technology-driven indigenous solutions aligned with future operational needs.


The visit also highlighted Haryana’s emergence as an important node in India’s defence manufacturing ecosystem, supported by a strong industrial base, skilled workforce, and improving infrastructure. MSMEs like Parashar Industries are moving steadily up the value chain—from manufacturing to design-led, innovation-driven product development—while contributing to employment generation and regional economic growth under the Make in India, Atmanirbhar Bharat, and Viksit Bharat initiatives.


Speaking after the visit, Tuhin A. Sinha observed that the work being undertaken at Parashar Future Defence Technologies reflects the outcomes of sustained reforms in defence procurement, private sector participation, and ease of doing business. He noted that Indian MSMEs are now playing an increasingly central role in innovation and advanced manufacturing, with direct implications for national security, industrial competitiveness, and job creation.


Nagender Parashar said that the company’s growth mirrors the confidence created by policy stability and a supportive industrial ecosystem. He added that Parashar Future Defence Technologies continues to invest in research, skilled engineering talent, and robust quality systems, enabling the delivery of high-performance indigenous solutions while contributing meaningfully to India’s defence preparedness.


As India accelerates efforts to reduce import dependence and deepen domestic participation in strategic sectors, enterprises such as Parashar Future Defence Technologies exemplify how MSME-led innovation, strong product brands, and manufacturing depth can advance both national security objectives and long-term economic development.