Category: Business

 

Public speaking is a skill, not a talent. It can be learned easily: Public Speaking expert

Hyderabad, May 27….…… Media Junction, a specialist school for Public Speaking, announced its latest batch of a Four-Day Workshop on Effective Public Speaking. The four-day session will be held from May 28 to 31st, from 6 pm to 9.30 pm, at the Premises of Media Junction, Ground Floor 4A, Parthani Towers, Golconda Cross Roads, Musheerabad, Hyderabad.

Public speaking enthusiasts and communications practitioner D. Ramchandram will conduct the Workshop.

Media Junction has pioneered this exclusive workshop on the subject uninterruptedly for the past 22 years.  The workshop is targeted at politicians, businessmen, startup leaders, corporate executives, professionals such as lawyers, doctors, Salespeople, marketing professionals, teaching professionals, IT professionals, and everybody.

For many, “Mike is a bomb”, informs D. Ramchandram, the public speaking trainer.  And they continue to suffer throughout their life. Thankfully, there is a solution to this problem.  Everybody can speak well with a little bit of instruction and guidance.  Anyone can master public speaking, added Ram, who has hundreds of workshops to his credit.

“Public speaking is a skill, not a talent”. It can be easily acquired.  Please don’t assume that you need to be born a natural public speaker.  It is a learnable skill. You need this skill to promote your business/profession to customers and investors.   You can’t outsource public speaking; as an entrepreneur, it’s up to you to be the face of your business. Speakers are leaders, and leaders are speakers.

Media Junction gives you the guarantee that you will be able to speak confidently in four days. Give me the dumbest man/woman in the world, we can make him or her “say what he or she wants to say”, informs Kalpana, Director of Media Junction. 

The workshop teaches the art of Speech Making, Writing, Body Language, Impromptu Speeches, Humorous Speeches, Content Management for Speech Preparation, and many other relevant subjects. 

Only 15 participants are allowed in a batch.

India, May 26: AGI Greenpac Limited, India’s leading packaging products company and the country’s most profitable glass packaging manufacturer, announced the appointment of Mr. Dushyant Kumar as Chief Operating Officer of its Aluminium Cans business.

With an engineering background, Dushyant brings over three decades of experience in the metal packaging and beverage can industry, including leadership roles at Canpack India and extensive exposure across global markets. Over the course of his career, he has built and managed businesses across operations, supply chain, and commercial strategy.

Commenting on the appointment, Mr. Rajesh Khosla, CEO, AGI Greenpac, said:

 “We are pleased to welcome a leader whose strong operational expertise aligns with our culture of disciplined execution. As we expand into the aluminium cans segment, we are entering a category that is seeing strong momentum globally and in India, driven by changing consumer preferences and increasing demand for sustainable packaging solutions. Aluminium is one of the most sustainable materials in the world, infinitely recyclable without any loss of quality, and we believe this is the right time for us to build a strong presence in this space.”

Commenting on joining the organisation, Mr. Dushyant Kumar said:

“I am excited to join AGI Greenpac at a transformative phase in its growth journey. The Company has established a strong reputation and leadership position in glass packaging, and its entry into aluminium cans reflects a forward-looking vision aligned with evolving market and sustainability trends. I look forward to working closely with the team to build a high-quality, customer-centric organisation that drives innovation, operational excellence, and long-term growth in the aluminium cans segment.”

The appointment comes at a strategic time as AGI Greenpac accelerates the development of its aluminium cans venture. Earlier this month, the Company announced the ground-breaking ceremony for its Greenfield aluminium beverage cans manufacturing facility in Hathras, Uttar Pradesh, marking the formal commencement of construction for the project. With a proposed investment of approximately ₹1,000 crore, the plant will launch with two production lines capable of a combined output of 1.6 billion cans per year and, through debottlenecking initiatives, the total capacity can be expanded to over 2 billion cans annually. The plant is expected to become operational by FY28 and will cater to the rapidly growing demand from India’s beverage industry.

 

Basel, Switzerland, May 26: ten23 health®, the human-centric and sustainable strategic CDMO partner of choice for the pharmaceutical industry and biotech start-ups, today announced changes to its leadership team as part of its ongoing commitment to position the company for further long-term growth. These updates reflect a thoughtful alignment of leadership to support the continued expansion of ten23’s capabilities and manufacturing capacity.

 

From May 1^st, 2026, Andrea Wesp assumed responsibility as Chief Business Officer (CBO). Andrea brings broad experience as a global business leader, having led large international organizations through strategic transformation, innovation and sustainable growth. She combines deep commercial acumen with technical and operational expertise across the pharmaceutical and CDMO value chain. Andrea joins ten23 from Siegfried, where she served as VP Market Development BD & Sales Drug Products. Prior to that, she held a range of roles, including VP New Business Development at Vetter Pharma, and VP Sterile Solutions/BU Pharmaceutical Systems at Schott Pharma. She holds a chemical and process engineering degree from the Technical University of Hamburg, and a business economics degree from FU Hagen in Germany.

 

Stephanie Knüppel assumed the role of Chief Operating Officer (COO) on April 1^st, 2026, after joining ten23 in in June 2025 as Chief of Staff to the COO. She brings extensive experience in leading manufacturing and operations teams, along with strong sterile product knowledge. As E2E Value Stream Lead (Head) of Manufacturing & Packaging Operations at the Roche Kaiseraugst commercial production site, she was responsible for launches, tech transfer and industrialization, and gained extensive experience in compounding, sterile aseptic manufacturing, visual inspection, validation/qualification, device combination products, supply chain resilience, Annex 1 and regulatory authority inspections. Stephanie studied chemistry and holds a PhD from the University of Münster in Germany.

 

Susanne Jörg, who previously held the position as COO, began her new role as Chief of Staff to the CEO on April 1^st, 2026. Before joining ten23 health in 2021 as COO, Susanne held several senior positions in Lonza and Novartis. She has over 15 years’ experience in formulation development, process development, transfer and validation, sterile manufacturing and regulatory submissions for early-, late-stage and life-cycle parenteral dosage forms. As the new Chief of Staff, Susanne will support ten23’s CEO Hanns-Christian Mahler in strategic initiatives, and will be instrumental in preparing the company for its future growth.

 

From March 1^st, 2026, Felicia Werk assumed the role as Chief People & Culture Officer. Felicia joined ten23 in May 2022 to lead ten23’s Learning & Development activities. She previously held a range of senior positions at Bayer, including Global HR Change and Transformation Lead, Head of Business Development, Operational Excellence Manager, Strategy Deployment Lead, and People and Organizational Development Lead. She holds a master’s degree in business psychology from the University of Trier in Germany and an MBA from Heriot-Watt University in the UK.

 

Alessandra Seriacopi joined ten23 as Chief Quality Officer (CQO) in September 2025. Alessandra brings over 20 years’ experience in quality leadership across the pharmaceuticals, biotech, and vaccines sectors. She was previously Senior Quality Director Drug Product Division EU and APAC at Thermo Fisher Scientific, and held senior roles at MSD, Novartis, and GSK, where she led global quality operations, regulatory compliance, and successful product launches. Alessandra has profound expertise in GMP quality systems, regulatory inspections, and managing complex CDMO environments. She holds a master’s degree in chemistry from the University di Siena in Italy.

 

The recent appointments are complemented by (in sequence of tenure at ten23) Andrea Allmendinger, Chief Scientific Officer (CSO), Patrick Klassnitz, Chief Finance Officer (CFO), Alissa Monk, Head of Fairstainability, and Creixell Espilla-Gilart, Chief Marketing Officer.

 

“We are delighted to welcome our newly appointed leaders. Together, they will bring deep and diverse industry expertise, proven execution, and different perspectives that are unique in the CDMO space. The new leadership team will accelerate our next growth stage, support our expansion, and ensure an agile focus on operational excellence and customer needs,” said Hanns-Christian Mahler, Chief Enablement Officer (CEO) at ten23 health.

 

He continued, “I am confident that this leadership evolution will enhance the way we support and serve our customers and their patients, unlock new opportunities, and build on our strong foundation for continued success and the next stage of growth.”

 

 

Index returns to expansion zone despite West Asia disruptions; exports, PMI strength and rural demand offset softer urban consumption

India, 26th May 2026: India’s economy performed better in April, with the Moneycontrol Eco Pulse Index rising to 51.6 from 49.2 in the previous month, despite disruptions from the West Asia crisis continuing for yet another month.

A reading above 50 signals expansion, indicating that economic momentum recovered after March’s contraction as manufacturing, exports and parts of domestic consumption continued to support activity.

What’s moving the index?

Indicator	Mar-26	Apr-26
PMI Manufacturing	53.9	54.7
PMI Services	57.5	58.8
PMI Composite	57.0	58.2
Four-wheeler sales	25.8	11.6
Tractor sales	11.1	24.5
Two-wheeler sales	29.5	13.0
Three-wheeler registrations	27.3	27.2
Petrol consumption	7.6	6.8
Diesel consumption	8.0	0.9
ATF consumption	0.7	-0.1
Naukri Job Speak Index	9.2	5.8
Electricity demand	1.7	3.9
E-way bill generation	12.9	11.8
Non-food credit	16.9	16.3
UPI volume	23.7	24.9
Credit card payments	7.1	0.7
MGNREGA work demanded	-21.8	-36.0
Major Port Cargo Traffic	1.1	2.5
Core sector output	1.2	1.7
Exports	-7.4	13.8
Imports	-6.0	10.0
Wholesale inflation	3.9	8.3
Urban unemployment	6.8	6.6

The recovery was led by an improvement in business activity. Manufacturing PMI rose to 54.7 in April from 53.9 in March, while services PMI improved to 58.8 from 57.5. The composite PMI also rose to 58.2, suggesting that private-sector activity remained resilient despite global uncertainty.

Exports provided a major boost after March’s weakness. Merchandise exports grew 13.8 percent in April, compared with a contraction of 7.4 percent in the previous month.

Consumption indicators remained supportive, although momentum moderated in some segments. Four-wheeler sales grew 11.6 percent, slower than 25.8 percent in March, while two-wheeler sales rose 13 percent compared with 29.5 percent earlier. Tractor sales, however, strengthened to 24.5 percent, pointing to stronger rural demand.

Financial activity stayed firm. Non-food credit grew 16.3 percent, while UPI volumes rose 24.9 percent, higher than 23.7 percent in March. However, credit card payments slowed sharply to 0.7 percent from 7.1 percent, indicating some softness in discretionary urban spending.

Infrastructure indicators showed only a modest improvement. Core sector output rose 1.7 percent in April, compared with 1.2 percent in March, while electricity demand growth improved to 3.9 percent from 1.7 percent. Major port cargo traffic also rose by 2.5 percent.

Labour market indicators were mixed. Urban unemployment eased to 6.6 percent from 6.8 percent, while youth unemployment declined to 18 percent from 18.4 percent. However, the Naukri Job Speak Index slowed to 5.8 percent, suggesting moderation in formal hiring momentum.

 

Inflation remained a key pressure point. Wholesale inflation accelerated to 8.3 percent in April from 3.9 percent in March, reflecting the impact of higher commodity prices and supply disruptions linked to the West Asia crisis.

The April reading suggests that India’s economy regained momentum after March’s contraction, but the recovery remains uneven. Manufacturing, exports and rural demand supported the index, while softer credit card spending, slower e-way bill growth and weak fuel indicators pointed to areas of caution.

The government allowed some pass-through of crude prices, with pump prices rising by nearly Rs 4 for both diesel and petrol. The increased prices are likely to start reflecting in consumption, with no end to the West Asia crisis in sight as yet.

Moreover, adverse weather conditions, such as El Niño, may hamper rural consumption.

The Moneycontrol Eco Pulse tracks high-frequency indicators across consumption, manufacturing, labour markets, trade and financial activity to provide an early monthly snapshot of India’s economic momentum ahead of official GDP releases.

 

Bengaluru,  May 26: Advancing its role as a growth catalyst for India’s e-lifestyle ecosystem, Myntra has announced the 24th edition of End of Reason Sale (EORS), starting May 29, with early VIP access on May 28. Featuring 6 million+ styles, the event will further strengthen Myntra’s role as a growth enabler for India’s fashion and lifestyle ecosystem, creating scaled opportunities for emerging brands while bringing trend-first selection, compelling value, and convenience to millions of customers across the country.

EORS continues to boost growth for emerging brands

Among the thousands of global, domestic, and homegrown D2C brands, 15,000 emerging brands, including 5,000 making their EORS debut, will leverage the platform’s technology, creator ecosystem, and nationwide reach to connect with millions of customers across India. EORS continues to serve as a growth enabler, driving heightened demand for emerging brands through enhanced visibility, new selection launches, and category expansion. These brands will bring nearly 13 lakh styles across apparel, footwear, accessories, and more.

Myntra’s advanced technology enables a suite of capabilities, including search and shopping insights to decode trends and demand patterns, simplified performance dashboards, and a dedicated partner support team to guide the brands in their e-commerce journey with Myntra.  

What customers can expect

This edition of EORS will offer 6 million+ styles from thousands of international, domestic, and homegrown brands, giving customers access to a wide selection across fashion, beauty, and lifestyle. The edition is expected to see strong traction across Men’s Casual Wear, Women’s Ethnic Wear, Women’s Western Wear, Workwear, Sports Footwear, Accessories, and Beauty & Personal Care, driven by the summer season, travel, work, college, weddings, and holiday-style upgrades. Several popular brands expected to see increased traction include Levi’s, Nike, adidas, H&M, MANGO, L’Oreal, Lakme, Libas, Decathlon, New Balance, GUESS, ASICS, Wrogn, US Polo Assn., Puma, and Rare Rabbit, among others.

This edition will also offer the best of Beauty & Personal Care, with 2.25 lakh+ styles spanning makeup, skincare, haircare, and personal care, bringing together D2C favourites, international brands, luxe labels, and K-Beauty cult picks. Customers can shop from a line-up including MAC, Bobbi Brown, LUSH, Beauty of Joseon, L’Oréal, The Ordinary, Plum Bodylovin’, Medicube, Foxtale, and many more. Along with the breadth of choice, Myntra Beauty’s tech-enabled tools are designed to make beauty shopping more intuitive and simple. The platform’s AI-powered Skin Analyser allows customers to discover products tailored to their specific skin needs, while the Virtual Try-On feature takes personalisation a step further by enabling customers to test multiple products, making it easier than ever to find the perfect look this season. 

Exciting new launches for the 24th edition of EORS

The mega shopping event will also introduce 100+ new brands across all major categories. Some of the new launches include Kate Spade, Bardot, Longchamp, Aston Martin watches, ELF Beauty, Seapuri, Chloe, Pierre Cardin Bags, STRV, VAHRO, Sparklepop, Juicy Couture, Saucony, Anta, Gully Labs, Mile Collective, and Official FIFA Jerseys, among others. 

Furthermore, Myntra’s Rising Stars, a program built specifically for made-in-India D2C brands, is bringing new launches, including Woomn, RAJAM, Saint Peach, House of Fitness, Mayurie, Indo Aura, Femaura Crafts, and House of Doras, among others.

Adding to the thrill, FWD, Myntra’s Gen-Z proposition, will feature over 700K+ trend-first styles from brands including SZN, Freakins, Bonkers Corner, Glitchez, Anouk Rustic, Lulu & Sky, KPOP, Outzider, among many others.

Compelling Deals and Offers 

Myntra Insiders, members of the loyalty program, can get early access to EORS at just Rs 9, while non-insiders can purchase VIP access at just Rs 19. VIP access also includes other benefits such as an extra 5% off on prepaid orders, extra 10% off on popular brands during Early Access, Cleartrip coupons, VIP-only weekend deals, and much more.

Customers can get 10% instant savings on HDFC Bank credit cards and easy EMI, and 10% extra savings on Flipkart Axis Bank and SBI credit cards. EORS will also feature high-engagement formats such as Treasure Hunt, Brand of the Day, Grab or Gone, Midnight Steal, EORS Specials, and VIP-only deals.

M-Now: Hyper-Speed Fashion Delivery for EORS

Myntra’s hyper-speed delivery service, M-Now, present in 11 cities currently, will continue to be a key convenience driver for shoppers wanting their EORS orders immediately. Powered by 90+ dark stores, with 1 lakh+ styles across fashion, beauty, accessories, and home, M-Now will enable shoppers across Bengaluru, Mumbai, Delhi NCR, Chennai, Kolkata, Hyderabad, Pune, Patna, Jaipur, Lucknow, and Ahmedabad to expect their orders starting just 30 minutes. As customers navigate a busy period of weddings, social gatherings, and last-minute travel plans, M-Now comes in handy with trend-first options, ensuring they never miss out on the perfect look, even at the very last minute.

Speaking about the 24th edition of EORS, Ritesh Mishra, SVP, Head of Revenue & Category, Myntra, said, 

“Over the years, EORS has evolved into one of India’s most anticipated shopping events and an important growth platform, augmenting income and creating employment opportunities, for the country’s fashion and lifestyle ecosystem. The scale of participation from emerging brands, creator communities, and customers reflects the increasing strength of India’s digital commerce landscape. Through our technology, logistics, and creator ecosystem, we remain committed to supporting brands of all sizes to access national demand while delivering a differentiated shopping experience for customers.”

Social commerce powering discovery for EORS

To elevate discovery and engagement, Myntra will continue to tap into its extensive social commerce ecosystem. With over 6 million shopper creators registered on Myntra’s Ultimate Glam Clan and more than 12 million content pieces created within the ecosystem, influencers and creators from across the country will curate themed looks and styling inspiration tailored for the season. These formats continue to see strong participation from Gen Z and millennials, reaffirming Myntra’s leadership in driving interactive, entertainment-led shopping journeys. 

Bengaluru, May 26 : Hiring across India’s travel and hospitality sector is entering a more calibrated phase, with Net Employment Change  at 5.1% for HY1 FY2026–27, according to the Employment Outlook Report by TeamLease Services. While 63% of employers plan workforce expansion, 20% expect no change and 17% anticipate reductions, signalling a measured approach to growth.

This moderation reflects evolving workforce strategies that are increasingly aligned with demand patterns across the sector. Growth continues to be driven by domestic leisure travel, expansion into Tier 2 and Tier 3 destinations, and rising activity in business travel, MICE, and religious tourism. The long-term outlook remains strong, with the sector’s GDP contribution projected to rise from 256 billion dollars in CY24 to 523 billion dollars by CY34, supporting nearly 63 million jobs.

At a functional level, organisations are prioritising hiring for roles that directly influence customer acquisition and service delivery. Expansion intent stands at 53% in sales and marketing, followed by 49% in business continuity and 36% in finance. This distribution reflects a growing emphasis on customer engagement, digital platforms and financial oversight as travel and hospitality businesses scale across channels. Workforce additions are also expected across hotel operations, food and beverage services, event management, travel coordination and wellness tourism roles, reinforcing a service-led hiring approach.

Geographically, Indore, Kochi and Lucknow emerge as key sweet spots in the travel and hospitality sector, recording expansion intent of 20%, 18% and 15% respectively. The sector also reflects a projected salary increment of 9.2% overall. This underscores rising demand across regional markets, supported by improved connectivity, higher disposable incomes and sustained growth in business and leisure travel. Emerging tourism clusters and pilgrimage-linked destinations are further complementing metro-led hospitality hubs, enabling more distributed employment growth across the country.

Commenting on the findings, Balasubramanian A, Senior Vice President, TeamLease Services, said,

“While the 5.1% Net Employment Change reflects a moderation from the previous half year, it is more accurately a phase of stabilisation within a structurally expanding sector. Demand is increasingly being shaped by infrastructure-led tourism development and schemes such as Swadesh Darshan 2.0 and PM GatiShakti, alongside rising MICE and religious travel flows. This is translating into more disciplined, demand-linked hiring rather than anticipatory workforce expansion across the ecosystem.” 

Overall, the hiring outlook reflects a sector that is evolving towards greater efficiency and sharper alignment between demand visibility and workforce planning. Rather than broad based expansion, organisations are prioritising agility in deployment and responsiveness to shifting travel patterns. This transition signals a more mature phase of growth where operational readiness, service consistency, and structured capacity management will define how employment scales across the travel and hospitality ecosystem in the coming cycles. 

These insights are based on a survey of 1,268 employers across 23 industries and 20 cities, conducted between November 2025 and January 2026.

Chandigarh, May 26 : LTM, the Business Creativity partner to the world’s largest enterprises, has entered a strategic partnership withSSP Group,a leading operator of food and beverage outlets in travel locations worldwide. Through this AI-powered partnership, LTM will deliver modernized, end-to-end IT infrastructure support and enhanced application maintenance services to SSP Group.

As part of this engagement, LTM will leverage its advanced AI capabilities including its BlueVerse ecosystem to help SSP manage operational risks, simplify infrastructure and application complexities, and drive business efficiency and agility. Additionally, the collaboration will focus on enabling data-driven decision-making, accelerating innovation through automation, delivering scalable solutions that enhance customer experience, and driving cost optimization through AI automation and simplification.

“As we continue to advance our IT capabilities, having a trusted partner like LTM with deep domain expertise and a focus on AI-led innovation will help us accelerate our transformation, enhance efficiency, improve support operations and deliver greater value to our customers,” said Jon Wood, Chief Digital and Technology Officer, SSP Group.

“We are proud to partner with SSP Group in their digital transformation journey. With BlueVerse, and AI-first approach as well as a deep understanding of SSP’ market, we are committed to being a key enabler in their IT support and modernization initiatives,” said Manju Kygonahally, Chief Business Officer – Europe, LTM.

In the long run, LTM will support SSP’s transition to an intelligent and streamlined IT infrastructure that supports its global network.

India, May 26: New independent research highlights the role of the Mundra International Container Terminal (MICT) is driving trade, unlocking economic value and supporting economic opportunity across the country.

Commissioned in 2003 as India’s first greenfield container terminal within a non-major port, MICT has grown into a critical gateway for containerised trade. The terminal has handled more than 19 million containers to date, including 1.4 million TEU in 2024, serving key industrial and consumption centres across western and northern India.

Today, MICT connects India to 73 global ports and handles ultra-large container vessels of up to 19,200 TEU, supported by multimodal rail connectivity across Gujarat, Rajasthan, Haryana, Punjab and Delhi. This has enhanced supply chain efficiency, enabling Indian businesses to compete more effectively in global markets.

The research, conducted by Oxford Economics, highlights the scale of MICT’s contribution to India’s trade ecosystem and regional economy, including:

• GDP contribution: MICT contributed $128.9 million to India’s GDP in 2024, including $118.8 million within Gujarat.
• Employment: The terminal supported approximately 1,880 jobs nationwide, including 1,240 in Gujarat, while driving economic activity across logistics, transportation, manufacturing, retail and services.
• Long-term economic impact: Enhanced shipping connectivity through MICT is forecast to drive an additional $6.4 billion in exports and a $9.2 billion GDP impact by 2035.

MICT is contributing to the development of a more inclusive and future-ready workforce, including:

• Women in logistics: Nearly one in four jobs associated with the terminal are held by women, reflecting strong participation across the wider ecosystem.
• Youth opportunities: Around 10% of employees are under the age of 25, highlighting growing opportunities for young talent in a traditionally male-dominated sector.
• Workforce inclusion: DP World continues to advance inclusivity across its operations while working towards a more diverse and representative workforce.

At DP World Mundra, faster and more reliable trade is being enabled alongside the creation of better jobs, stronger skills and expanded opportunities for businesses and communities. Through its integrated network of ports, terminals and multimodal logistics infrastructure, DP World is strengthening connectivity between India’s hinterland and coastal gateways, helping businesses access global markets more efficiently.

Hemant Kumar Ruia, Country Manager, DP World Subcontinent (India), said,

 “When infrastructure is built for scale, efficiency and connectivity, it becomes a powerful driver of both economic growth and social progress. At DP World Mundra, we are enabling faster, more reliable trade while creating better jobs, building skills and expanding opportunities for businesses and communities.”

The Oxford Economics report concludes that MICT’s impact extends far beyond port operations. By enabling trade, generating employment, supporting exports and investing in communities, DP World Mundra is playing a pivotal role in shaping sustainable economic growth and opportunity in Gujarat and across India. DP World continues to invest in the long-term development of communities around Mundra through education, scholarships and healthcare initiatives, including:

• Digital learning: Through the ‘Kal Ki Kaksha’ programme, implemented with Pratham Infotech Foundation, the company enabled digital learning for 3,643 students across 17 schools in 2024, with strong participation from girls.
• Financial assistance: The Pragati Scholarship Programme in partnership with Yuva Unstoppable, supports 237 girls, helping reduce dropout rates and promote continued education.
• Healthcare: Two Mobile Medical Vans in collaboration with the Wockhardt Foundation, deliver free medical services to around 20,000 people each year, focused on early diagnosis, treatment and community health awareness.

 

 

May 26, New Delhi:

Amid growing discussions around India’s foreign exchange reserves and the recent appeal by Prime Minister Narendra Modi urging citizens to reduce gold purchases, fuel consumption, foreign travel, and dependence on import-oriented commodities, industry leaders are highlighting new opportunities for Indian startups and innovators.

Speaking at The Directors & Mentors Conclave 2.0 organized by IBSEA, Mr. Sumant Parimal emphasized that the Prime Minister’s appeal should be viewed not only as a call for economic discipline but also as a major opportunity for Indian entrepreneurs and startups to contribute towards strengthening the nation’s economy.

India’s forex reserves recently witnessed a decline of approximately USD 7.7 billion, standing at nearly USD 690 billion for the week ending May 1, bringing renewed attention to export growth and import substitution strategies.

Speaking at The Directors & Mentors Conclave 2.0 of IBSEA Mr Sumant Parimal said “In response to the recent appeal of Prime Minister Modi to conserve forex by cutting down gold purchases, fuel consumption by adopting electric vehicles and public transport, I see three broad call for action cum opportunities for Indian startups which includes increasing forex reserves and trade surplus by building innovative global product brands particularly high value deep tech. products which can be as precious as gold in its economic values. Indian startups need to build hundred and thousands of Global brands through innovative products which increases exports earning in forex leading to higher forex reserves as well as trade surplus and going to be great opportunity for startups as well to globally market its products”.

 “Call for using EV (Electric Vehicle) requires new innovations in charging infrastructure as charging thousands to millions of electric vehicles may requires augmenting power generation, transmission to distribution capacities. Our substations and transformers are mostly hitting capacity limitations in the peak summer, and may not be able to meet additional power capacities required for charging thousands to millions of electric vehicles until unless fresh power capacity and charging infrastructure augmentation happens. This opens additional opportunities for startups for developing and adopting sustainable charging infrastructure solutions”

Sumant Parimal adds further. Mr Sumant Parimal has hailed efforts of IBSEA in promoting and supporting entrepreneurs, startups and MSMEs through strategic mentoring and business ecosystem.

 

SEATTLE — May 26, 2026 — With Seattle set to welcome visitors from around the world for the FIFA Soccer World Cup in just a few weeks, those planning their time between matches will likely gravitate toward familiar stops, such as Pike Place Market, the Space Needle, and MoPOP. Just steps from Seattle Stadium, a less known stop offers a different kind of experience: 

Evergreen Goodwill of Northwest Washington’s Seattle flagship store, the largest Goodwill in the world, invites visitors to immerse themselves into something very Seattle—the city’s commitment to sustainability and the circular economy.

A treasure hunters’ paradise, the 70,000-square-foot resale space stocks approximately 10,000 new items on the shop floor each day. A team comprised of members from over 20 different nations assists visitors as they explore and replace whatever they may have forgotten at home or didn’t realize they might need for their trip.

For travelers navigating a busy and often expensive event, resale offers a compelling shopping alternative:

• A multitude of affordable options at a time when prices are rising
• Access to quality used items being kept out of landfills for minimum environmental impact
• A retail experience shaped by the local community, where inventory reflects what Seattleites give—the best starting point for memorable travel souvenirs

For those moving between matches or exploring nearby neighborhoods, the store can serve several purposes at once: a place to pick up an extra layer, find something unexpected, or take home a piece of Seattle that doesn’t feel mass-produced. Its proximity to Seattle Stadium makes it an easy addition to any itinerary, whether stopping in briefly or spending time exploring.

Unlike traditional retail, each purchase carries an added dimension. Revenue from every sale supports Evergreen Goodwill’s tuition-free job training, education, and career placement programs across Northwest Washington, connecting everyday shopping to long-term community impact.