Slice and North East Small Finance Bank Launch Modern Banking Solutions at Startup Mahakumbh

Hyderabad, April 7th, 2025 – slice and North East Small Finance Bank (NESFB), India’s first fintech-bank, unveiled a suite of modern banking solutions at Startup Mahakumbh 2025, held from April 3rd to 5th at Bharat Mandapam, New Delhi. Following the merger of slice and NESFB, the unified entity has launched high-yield banking products and instant credit solutions designed for today’s fast-evolving digital economy and is set to unveil India’s first AI-powered Smart Banking flagship branch.

Startup Mahakumbh served as the perfect platform for the merged entity to engage with entrepreneurs, policymakers, and innovators, aligning with the event’s vision of shaping a self-reliant, Viksit Bharat by 2047 through next-gen entrepreneurial ventures. With a strong focus on accessibility, innovation, and customer-first banking, the fintech-bank is poised to expand across India—transforming banking not only in metro cities but also in semi-urban and rural regions.

The bank’s latest offerings are designed to empower customers with better returns, greater financial flexibility, and a frictionless digital banking experience:

  • Fixed Deposit: Up to 9% interest per annum, among the highest in the country.
  • Digital Savings Account: Earn 100% of the RBI repo rate with interest earned daily, maximizing savings efficiency.
  • Recurring Deposit: Interest rates of up to 8.5%, supporting easy wealth accumulation.
  • Enterprise Development Loans: Tailored credit solutions for small businesses and traders.
  • slice borrow: Instant funds of up to INR 5 lakhs, enabling quick financial access.
  • slice UPI: Ultra-fast UPI payments for smooth, instant transactions.

Commenting on the launch, a slice | NESFB spokesperson said, “We are proud to present our cutting-edge digital banking solutions at Startup Mahakumbh, reaffirming our mission to make banking more accessible, secure, and rewarding for all. With high-yield deposits, instant credit offerings, and now AI-powered smart branches, we are redefining what inclusive, future-ready banking looks like. Our upcoming AI bank branches are a testament to our commitment to bridging the digital divide while expanding our footprint across India.”

The AI-powered flagship branch is set to offer a seamless, paperless, and customized banking experience with 24×7 access to digital services, self-service kiosks, and instant loan processing. These branches are designed to serve both urban and rural populations, enabling NESFB to extend its digital-first approach across diverse markets.

By integrating strong risk management architecture with innovation, the fintech-bank aims to provide customers with a frictionless, secure, and trustworthy banking experience. These initiatives mark a significant leap forward in India’s banking landscape—driven from the Northeast and powered by a fintech core.

Startup Maharathi Challenge 2025 Honors India’s Innovators at Startup Mahakumbh

New Delhi, India, April 07, 2025 – The third day of Startup Mahakumbh marked the grand conclusion of the Startup Maharathi Challenge 2025—a flagship initiative to design spotlight and support DPIIT-recognized startups tackling real-world challenges through innovation. Held under the Startup Mahakumbh umbrella, the challenge created a national scale effort to empower high-potential founders across ten key sectors with funding, visibility, and investor access.

The Startup Maharathi Challenge was concluded in the presence of Shri Piyush Goyal, Minister of Commerce and Industry, Shri Amardeep Singh Bhatia, Secretary, DPIIT, Shri Sanjiv, Joint Secretary DPIIT, Shri Amit Kumar, Deputy General Manager & Regional Manager, ECGC, Prashanth Prakash, Founding Partner, Accel India ACT Grants, Sunali Rohra, Senior Executive Vice President, HDFC, Sanjeev Bikhchandani, Founder & Executive Vice Chairman, Info Edge, Aman Gupta – Co Founder and CMO – boat Lifestyle, actor-entrepreneur Sonam Kapoor Ahuja, Rikant Pittie, CEO & Co-founder, EaseMyTrip, and Archana Jahagirdar, Founder & Managing Partner, Rukam Capital. The winning startups were felicitated by Shri Piyush Goyal, Sonam Kapoor Ahuja and Aman Gupta, awarding prizes with a total outlay of INR 20 crores.

Referring to all startup founders at Startup Mahakumbh as “Maharathis,” Hon’ble Union Minister Piyush Goyal urged everyone to dream big. “Startup Mahakumbh last year saw 30,000 visitors. Surpassing everyone’s expectations, this year, around 2,30,000 visitors have attended Startup Mahakumbh. Similarly, next year I want to see Startup Maharathi Challenge receiving 25000 applicants—a giant leap from 2400 entries this year. India has the capacity for exponential growth. I am confident that the winners of today’s Challenge will go back inspired, with the confidence in their own ability to succeed in the future.”

Speaking on the occasion, Shri Amardeep Singh Bhatia, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) said, “We don’t expect this to be a one-time activity. This is just the start. We expect more and more companies to get onboarded.”

“This is the culmination of everyone’s hardwork and our dreams. There has never been a startup challenge organized at this scale by the government or corporates so far. Going by the success of the Startup Maharathi Challenge 2025, I am confident we will be doing hundreds of such challenges in future,” said Shri Sanjiv Singh, Joint Secretary at the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry.

Shri Prashanth Prakash, Founding Partner, Accel India, shared his thoughts on the occasion, “The Grand Maharathi Challenge is special—it shows we don’t just encourage startups from high-tech sectors with words but with true action as well. This is also a free grant to the startup without any equity. We hope this motivates them to build the next generation of startups. We would not have dreamt this 10 years ago. I am happy that this partnership between private entities and government is multidimensional. The response this year is so encouraging. I can now proudly say we are at pole position to be the technology leader globally. “

The Startup Maharathi Challenge 2025 drew an overwhelming response with 2,000+ applications from across India. Through a multi-phase evaluation—spanning expert screening, data checks, and virtual jury rounds—over 240 promising startups were selected. The challenge tackled 11 critical problem statements in frontier sectors like satellite imagery, maritime awareness, cryptography, LLMs on sensitive data, and cybersecurity. With a funding outlay of over INR 20 crore, the initiative offered structured grant support, milestone-linked prize money, and non-monetary incentives including technical mentorship, cloud credits, business guidance, and procurement support.

Highlighting India’s rapidly expanding innovation ecosystem, nearly 40% of applications came from Tier 2 and 3 cities. Over 80 selected startups were led by women founders or co-founders, while 10 from emerging states like Manipur, Tripura, Sikkim, Nagaland, and J&K received special recognition—underscoring how India’s entrepreneurial spirit is thriving beyond metro hubs and reaching the grassroots.

Amidst vibrant energy, the grand finale of the Futurepreneurs Challenge at Startup Mahakumbh brought together some of India’s most promising student innovators, showcasing AI-powered solutions to pressing local challenges. Ten finalist teams pitched their breakthrough ideas in a rapid-fire format to an audience of investors, policymakers, and industry leaders. Shri Jayant Chaudhary, Hon’ble Minister of State for Skill Development and Entrepreneurship graced the occasion to present the award to the winners. With mentorship, funding support, and national exposure, Futurepreneurs proved to be a powerful platform for igniting the next wave of changemakers and creators driving India’s innovation journey.

To accelerate startup growth, top performers in each sector were awarded grants of INR 10 lakh, 5 lakh, and 1 lakh respectively. Beyond funding, all shortlisted startups gained access to curated Speed Dating sessions with investors. Over two days, more than 500 one-on-one meetings were facilitated with 250+ venture capital firms, angel networks, and family offices—each carefully aligned by sector and funding interests.

Union Minister for Industry and Commerce Shri Piyush Goyal also toured the vast exhibition and interacted with various startups.

The event also featured an engaging discussion with actor entrepreneur Sonam Kapoor Ahuja on the topic From the spotlight to Boardroom- Navigating the startup ecosystem.

Startup Mahakumbh showcased a remarkable array of innovations, including an advanced platform to detect deepfakes and extract intelligence from unstructured data, high-performance materials designed for extreme conditions, a globally patented AI-powered traffic vision system for real-time road and safety monitoring, a portable, trunk-fitted energy backup unit solving range anxiety in electric vehicles, solar-powered EV charging stations with IoT-backed remote diagnostics, and a digital business management app for rural and micro women entrepreneurs. These groundbreaking solutions demonstrated the diverse and impactful ways in which startups are addressing real-world challenges across industries.

This year’s edition of Startup Mahakumbh, India’s largest-ever startup gathering, brought together over 3,000 startups, 1,091 investors and incubators, and 10,000+ delegates from across India and 60+ countries and saw a footfall of around 2,30,000 over a span of three days. 211 sessions with 750+ speakers were conducted over 3 days, and a total of 1052 startups benefited through mentoring sessions. This unprecedented scale reaffirms India’s commitment to fostering entrepreneurship, driving deep-tech innovation, and cementing its position as a global hub for startup-driven solutions.

French DJ HUGEL Announces Maiden Show In India

India, 7th April 2025 – Platinum French DJ and producer HUGEL is set to unleash an electrifying night of pure sonic fire for his debut gig in the region with a standalone show in Mumbai on 27th April 2025 at Dome SVP Stadium.

Fresh off dominating global charts and igniting dance floors worldwide, this French maestro of deep house, Latin-infused and high-octane EDM is set to transform Mumbai into a pulsating epicenter of rhythm and light. His unforgettable remix of ‘Bella Ciao’ catapulted him into the spotlight, making him a favorite among music enthusiasts worldwide.

HUGEL states, “For me, every set is a chance to lose yourself in the music, to feel the energy of the crowd, and create something truly unforgettable. I can’t wait to bring that vibe to Mumbai!”

After hosting a successful sold-out show featuring Keinemusik’s &ME which saw the likes of Sanjay Dutt, Suhana Khan, Ibraham Ali Khan in attendance, Team Innovation in association with Paradox and Spacebound are bringing this world-class event to India.

Mohit Bijlani, Co-Founder, Team Innovation states, “We’re all about pushing boundaries and creating moments that resonate. Bringing an artist of HUGEL’s caliber to Mumbai is exactly how we aim to deliver those unforgettable cultural experiences.”

Mobility Pavilion Leads the Way on Day 2 of Startup Mahakumbh

New Delhi, April 5, 2025: Startup Mahakumbh kicked off today, uniting entrepreneurs, investors, policymakers, and industry leaders to propel India’s startup ecosystem forward. The opening day featured thought-provoking discussions, insightful masterclasses, and key initiative launches aimed at shaping the future of innovation and entrepreneurship.

The second day began on a high note with a panel discussion titled ‘Systemic Challenges in Indian Mobility and Solutions’, moderated by Chintan Daftardar, Program Head, Transport, WRI. Panelists included Uttam Digga, Co-founder and CEO, Porter, Adrian Smith, CEO and Co-founder, Sarla Aviation, AK Singh, Chief General Manager of Research & Development, Gas Authority of India Limited (GAIL), Mayank Jain, CEO – New Auto, CarDekho Group, Dr T Surya Kiran, Executive Director, ASRTU, and Priya Singh, Co-founder and Director, Chalo.

The panelists stressed the need for homegrown innovation in terms of vehicle designs and localized supply chains, along with decentralized infrastructure like battery swapping. Dr T Surya Kiran made an open call to startups to innovate for public bus transportation, adding that ASRTU is working on a mechanism that will ensure startups have business opportunities with STUs without going through the tendering process.

While discussing trends and realities, and what lies ahead in this sector, Mayank Jain posited, “We have roughly about a million STEM graduates coming out of India every year. That’s the envy of the world, right? I mean, only China is ahead of that in terms of number. So, there is no reason why India should not be leading, and we are the forefront of these AI technology and tools.”

The day also featured an impactful panel titled ‘Accelerating EV Adoption in Last-Mile Mobility’. Moderated by Varun Agni, CTO and Co-founder, Bounce, the panel included Kunal Mudra, Founder, Astranova, Chintan Daftardar, Program Head, Transport, WRI, Pulkit Khurana, Co-founder and CEO, Battery Smart, Sameer Aggarwal, Founder and CEO, RevFin, Abhishek Bansal, Co-founder, Shadowfax, and Anubhav Sharma, Co-founder Baaz Mobility.

The panel discussed how EVs are transforming urban logistics and hyperlocal delivery is becoming the testing ground for EV adoption, and agreed that unique challenges remain in financing, vehicle design and operational models. Speaking about the challenges that yet remain, Varun Agni said, “A lot of the OEMs are still quite small, not scaled, and there is obviously that risk coming from the larger, more traditional OEMs. So that’s one. There are other challenges, right? So, infrastructure, by which I mean, it’s not just about charging, but it’s also about spare part availability, after sale service support. Where do you get your vehicle repaired?”

The third engaging panel of the day, The Electrification of Mobility and the Impact on the Climate, was moderated by Adrian Schmidt, CEO and Co-founder, Sarla Aviation. On the panel with him were Gagan Agarwal, CEO and Co-founder, Planet Electric, Mahua Acharya, Founder and CEO, INTENT, Feroz Khan, Head of Government Relations, Policy Advocacy and Global Regulations, Hero MotoCorp, Vaibhav Tyagi, CTO, Kazam, and Himanshu Sharma, Associate VP, Theia Ventures.

Feroz Khan emphasized the crucial role the government played in fostering innovation and supporting the EV startup ecosystem but suggested that it was now time for the industry to give back to the government. “The government has been doing its part. I really compliment the government for doing all these things on the demand side, also on the supply side. On the supply side, we have PLI of 26,000 crores allocated to the auto sector, along with the additional ACP. So, while everything is so far so good, I think now quality of the product – that’s where the government is, of course, focusing – but I think more strength is required so that the high quality products come into the market, a sense of satisfaction is given to the consumers, and overall, it helps in encouraging the consumers to move towards the electric movement. And I think this has been happening in the segment of two and three wheelers, because these are the two segments which have been driving the electrification journey of India. What needs to be happening on the four-wheeler side, the buses and other things.”

Beyond discussions, the Mobility Pavilion showcased several innovative startups, presenting their cutting-edge solutions to investors, industry experts, and attendees. Among them, standout startups—Porter, Baaz and Karishma Global Ventures among others—represented breakthroughs in the Mobility sector.

As Day 2 concluded with more impactful discussions, networking opportunities and meaningful conversations, Startup Mahakumbh only highlighted how India’s mobility sector is poised to take off.

Celebrate Mango Season with Mother’s Recipe Maharashtra Mango Pickle

Pune(S.N):As the mango season reaches its peak, Mother’s Recipe invites you to savor the essence of summer with its Maharashtra Mango Pickle, beautifully packaged in a 200g PET jar, priced at just Rs. 70.

This season, enrich your palate with the bold and traditional flavors that define Maharashtrian cuisine. Our Maharashtra Mango Pickle is a tribute to the state’s rich culinary heritage, blending tangy raw mangoes with a robust mix of spices. The heat of red chili powder and the depth of turmeric come together in a dance of flavors. The special addition of hing (asafoetida) and roasted spices offers a complex taste that resonates with the vibrant spirit of Maharashtra, while fenugreek seeds add an aromatic touch that enhances the overall sensory experience.

Ms. Sanjana Desai, Executive Director of Mother’s Recipe, reflects on the inspiration behind this seasonal delight, “Each jar of our Maharashtra Mango Pickle is packed with the vibrant flavors of summer and the time-honored spice blends of Maharashtrian kitchens. This pickle is not just a condiment, it’s an invitation to explore and celebrate the rich gastronomic culture of Maharashtra with every bite.”

Now available in Mumbai, Pune, Nashik and Nagpur, as well as other major cities across Maharashtra, this pickle can be found at leading retail outlets, e-commerce platforms and supermarkets, ensuring that everyone can add a touch of tradition to their meals during the mango season.

Unwind with a luxurious getaway at Andaz Delhi, by Hyatt

April 2025, New Delhi: Take a break and immerse yourself in a luxurious staycation at Andaz Delhi, by Hyatt. Nestled in the vibrant city of New Delhi, Andaz Delhi is known for crafting luxurious and unforgettable staycations, perfect for a family vacation or a joyful getaway with friends or as a solo retreat. The month of April offers a perfect opportunity to indulge in a staycation at Andaz Delhi, by Hyatt. Bring your furry friends too as it is a pet – friendly hotel with tailored amenities and open spaces ensuring your four – legged partners enjoy as much as you do.

Guests can choose to stay from 17th April to 20th April for the upcoming long weekend of Good Friday. This weekend getaway comes with truly exciting offers such as a scrumptious buffet breakfast and a pan to plate dinner at AnnaMaya, the modern food hall at Andaz Delhi, by Hyatt where guests can treat themselves to a gastronomic journey. Furthermore, guests will enjoy a 25% discount on Food and Beverages and Spa Sessions that are sure to leave you rejuvenated. What’s more is that children below the age group of 12 years old can stay for free of charge!

Take a refreshing swim in the pool while savouring the lush green views and sip on your favourite beverage as you do so. Andaz Delhi, by Hyatt offers rooms that are thoughtfully designed to give guests the utmost comfort and a stunning runway view of the Indira Gandhi International Airport. The hotel also provides a range of luxurious amenities to ensure your long weekend is relaxed, refreshing, and stress-free. One can also opt for experiential tours across Delhi with Andaz Delhi’s ‘401 Reasons to Fall in Love with Delhi’ tours.

POCO C71 Segment’s Ultimate Blockbuster Is Here

Mumbai, 5 April 2025: POCO, one of India’s leading performance-driven consumer technology brands, is set to disrupt the budget smartphone segment yet again with its latest launch—the POCO C71. Designed to offer unmatched value, the C71 packs a top-tier display, cutting-edge features, and powerful performance at an unbeatable price.

the POCO C71 is the only smartphone in its segment to offer a massive 6.88” HD+ display with a 120Hz refresh rate and segment leading TÜV Rheinland Triple Eye Protection. Whether you’re binge-watching or scrolling, enjoy a safer, smoother, and more immersive experience. The Wet Touch Display ensures precise touch recognition even with wet hands or under light rain.

The sleek flat frame with a refined, stylish camera deco gives the device a premium look and feel, making it stand out in its segment. Featuring a premium golden ring camera deco and a distinctive split-grid design for a bold, eye-catching look. At just 8.26mm slim, it offers a comfortable grip, ensuring effortless handling throughout the day. Available in three stunning colors options— gold, blue, and black, the POCO C71 delivers both aesthetics and performance in one dynamic package.

Powered by a robust Octa-core processor and 12GB Dynamic RAM (6GB+6GB Virtual), POCO C71 delivers a lag-free experience for up to 36 months. With Android 15 out-of-the-box, enjoy a clean, bloat-free experience and 2+4 years of software updates—a rare feature in the budget smartphone category. But that’s not all for those who love capturing precious moments, the C71’s 32MP dual rear camera and 8MP front camera ensure crisp, high-quality shots in all conditions. Moreover, the device is equipped with a 5200mAh battery and 15W fast charging, ensuring an uninterrupted experience all day long.

Commenting on the launch, Himanshu Tandon, Country Head of POCO India, said, “We’re thrilled to unveil the new POCO C71, a device that embodies power, performance, and innovation, pushing boundaries in the budget smartphone segment. With an industry-leading 120Hz display, the power of 12GB Dynamic RAM, and the latest Android 15—all at an unbeatable price, the C71 delivers precisely what our users look for in a smartphone–no compromises.”

What makes the C71 stand out?

  • Segment’s best 6.88” HD+ 120Hz display – Ultra-smooth, ultra-safe with TÜV Rheinland Triple Certified Eye Protection.
  • Sleek, stylish design – Just 8.26mm thin, available in three colours: Gold, Blue, and Black.
  • The only phone in the segment offering 12GB RAM with Android 15 for seamless multitasking and 2+4 years of security updates.
  • Octa-core processor and 36-month lag-free experience – Power-packed for entertainment and productivity.
  • 5200mAh battery with 15W Fast Charging – All-day power with quick top-ups.
  • 32MP Dual camera and 8MP front camera – Capture vivid, life-like shots effortlessly.
  • IP52 Splash & Dust Resistance – Built to last in all conditions.

Hilton Garden Inn Bengaluru Celebrates Three Years with Extended Stay Offer

Bengaluru, April 05, 2025– Hilton and Hilton Garden Inn Bengaluru Embassy Manyata Business Park are celebrating three successful years of outstanding service, growth, and innovation. To mark this significant milestone, the hotel introduced the special “Three Years of Success” offer, providing guests with an exclusive opportunity to experience its premium amenities and exceptional hospitality. In response to the overwhelming enthusiasm, the hotel is delighted to announce the extension of this offer. Guests can now continue to enjoy a complimentary third night when booking a three-night stay, valid throughout April and May.

Since its opening in 2022, Hilton Garden Inn Bengaluru Embassy Manyata Business Park has become a favored destination for both business and leisure travelers. Located within the bustling Embassy Manyata Business Park, a renowned tech hub, the 353-key hotel is part of the larger Hilton Hotels Embassy Manyata complex, which also includes a Hilton hotel and a state-of-the-art 60,000 sq ft Convention Centre—making it one of the largest hotel complexes in South India.

Over the past three years, the hotel has become known for its modern accommodations, exceptional service, and welcoming atmosphere. Its dedicated team has consistently gone above and beyond to foster valuable partnerships and provide an unparalleled guest experience, blending comfort and convenience for every visitor.

Building upon the success of this landmark occasion, Hilton Garden Inn Bengaluru Embassy Manyata Business Park is extending its special offer. Guests who book two consecutive nights can now enjoy a complimentary third night for stays throughout April and May. This extension allows guests to further indulge in the hotel’s comfortable accommodations and world-class services.

Whether visiting for business, leisure, or a combination of both, guests can celebrate Hilton Garden Inn’s three years of success while indulging in modern comforts, fine dining, and a superior guest experience.

Mr. Manish Garg, General Manager of Hilton and Hilton Garden Inn Bengaluru Embassy Manyata Business Park, expressed his pride on this momentous occasion, stating, “The three-year anniversary of Hilton Garden Inn Bengaluru Embassy Manyata Business Park is a testament to the dedication and hard work of our incredible team. This celebration also reflects the continued support and trust from our valued guests. We are thrilled to extend this special anniversary promotion, allowing us to continue expressing our gratitude and inviting more guests to partake in the festivities.”

Hilton Garden Inn Bengaluru Embassy Manyata Business Park invites guests to commemorate three years of excellence with a stay that promises comfort, luxury, and an unforgettable experience. To take advantage of the “Three Years of Success” offer, guests are encouraged to book their stay today.

FINDI Board Appoints Amit Nigam as Executive Director and CEO of BANKIT

New Delhi, April 05, 2025 – FINDI Ltd (ASX: FND), has announced the appointment of Mr. Amit Nigam as Executive Director and Chief Executive Officer (CEO) of BANKIT, following the company’s successful acquisition earlier this year. Mr. Nigam, who previously served as the Chief Operating Officer of BANKIT, has proven instrumental in the company’s remarkable growth trajectory, successfully launching the brand, expanding operations, and establishing BANKIT as one of India’s fastest-growing fintech firms focused on financial inclusion.

In his new role as Executive Director and CEO, Mr. Nigam will lead BANKIT’s integration with FINDI’s ecosystem. This strategic integration will expand the suite of Phygital services offered by BANKIT to the citizens.

From pioneering financial inclusion to empowering over 1,50,000+ merchants across the country, BANKIT has always been at the forefront of transforming India’s digital banking landscape. Today, it takes a significant step forward as it officially joins the FINDI family—ushering in a new chapter of scale, impact, and innovation.

Deepak Verma, MD and CEO of FINDI, said, “We are excited to elevate Amit to this leadership position. His thought leadership, can-do approach and deep understanding of India’s financial landscape have been instrumental in building BANKIT’s digital payment platform. His elevation reflects our confidence in him and his ability to continue BANKIT’s growth momentum, in line with FINDI’s vision for taking WLA(White Label ATMs) to the masses, driving financial inclusion for the underserved.”

Amit Nigam, Executive Director & CEO, BANKIT, commented, “I am honored to take on this expanded role at such a pivotal moment in BANKIT’s journey. Our integration with FINDI group provides us with the resources and expertise needed to accelerate our mission of redefining India’s financial services landscape. Together, we will focus on creating a more inclusive and innovative financial ecosystem that empowers millions of Indians with access to essential banking and financial services.”.

BANKIT’s extensive merchant network will play a crucial role in FINDI’s strategy of building a full-stack financial services ecosystem serving the underserved, with particular emphasis on enabling access to basic banking services through White Label ATMs and digital platforms.

Thermocool Invests INR 30 Crore in New Ghaziabad Manufacturing Unit

Thermocool Home Appliances Ltd., a renowned UP-based Home & Kitchen Appliances brand, has inaugurated its new manufacturing plant in Ghaziabad, Uttar Pradesh to double the Production Capacity. This expansion marks a significant milestone in the company’s growth, reinforcing its commitment to innovation, sustainability, and customer satisfaction.

Spanning 25,000 square meters, this new manufacturing plant is designed with state-of-the-art automation, energy-efficient systems, and employee welfare facilities. Equipped with advanced machinery and automation systems, this facility will ensure efficient production and high-quality products. The plant is set to work with a production capacity of 1800 to 2200 units/day, aiming to increase to 3000 to 4000 units/day in the next 6 months, while planning to expand the facility by 50% within the next 2 years.

With an initial investment of Rs 30 crore, this plant will cater to the growing demand for Thermocool products across Uttar Pradesh and neighboring regions, including Bihar, Bengal, Jharkhand, and Nepal. Additionally, the plant’s construction began back in 2024 and is set to start operating by 2026.

Rajeev Kumar Gupta, MD of Thermocool Home Appliances Ltd, said at the inauguration of the plant, “We are proud to announce that we are opening our new manufacturing plant in Ghaziabad after Prayagraj. After seeing the rising demand for efficient, affordable, and high-quality products, the launch of this new manufacturing plant is a crucial step in strengthening our production capabilities and expanding our reach. This facility is our commitment to quality and innovation and our dedication towards sustainable business practices and regional economic development.”

In this manufacturing plant, Thermocool is also prioritizing eco-friendly operations and waste-reduction measures to minimize the environmental impact. This new plant will work on innovative technologies like AI-powered quality control, robotic assembly, and eco-friendly packaging. The company aims to set new benchmarks in sustainable manufacturing while maintaining its reputation for delivering high-quality and affordable cooling solutions.

Thermocool’s new manufacturing plant will primarily be focusing on the production of a range of air coolers. The plant will have various models of air coolers, like desert coolers, Commercial Coolers, tower coolers, and room coolers, catering to the diverse needs and preferences of customers. By expanding its air cooler production capacity, Thermocool aims to strengthen its market presence and continue to provide customers with high-quality, energy-efficient, and affordable cooling solutions.

Beyond manufacturing, this expansion is expected to drive economic growth in the region, creating over 200 + job opportunities and strengthening Thermocool’s distribution network. The company is also enhancing its after-sales service to ensure a seamless customer experience, further boosting brand reputation and customer loyalty. With this new plant, Thermocool Appliances is poised to redefine industry standards, blending technology, sustainability, and customer-centric innovation to meet evolving demands and position itself as a leading home appliances brand in India.