TeamLease Digital Findings on Lifesciences and Healthcare GCCs

By- Munira Loliwala, VP, Strategy and Growth, TeamLease Digital

India is witnessing a transformative shift in its healthcare sector, driven by the rapid evolution of Global Capability Centers (GCCs). Once primarily linked to IT outsourcing, GCCs are now at the forefront of healthcare innovation, leveraging cutting-edge technologies and India’s vast talent pool to tackle global health challenges. With the market size projected to grow from $64.6 billion in FY24 to $99-105 billion by 2030, these centers are enhancing service delivery, optimizing costs, and improving patient outcomes. Cities like Bengaluru and Hyderabad are emerging as key technology hubs, where GCCs are expanding their capabilities in digital technologies such as GenAI, AI/ML, data analytics, cybersecurity, cloud computing, and robotic process automation. As organizations increasingly embrace global, cross-cultural teams and invest in upskilling programs, India’s healthcare GCCs are poised to drive a new era of agility, efficiency, and groundbreaking advancements in healthcare.

Evolving Talent Landscape in Healthcare GCCs

As of 2024, India hosts over 100 healthcare and life sciences GCCs, employing more than 280,000 professionals. Key hubs such as Bengaluru, Hyderabad, Mumbai, and Pune account for nearly 75% of the total talent in this sector. Notably, healthcare and R&D functions constitute 43% of the total workforce in these GCCs, reinforcing India’s status as a preferred destination for life sciences and healthcare innovation.

Innovations Driving Healthcare GCC Growth

India’s Healthcare GCCs are evolving rapidly, creating new opportunities in AI, data science, and genomics. AI and machine learning are transforming diagnostics and treatment, while genomics specialists advance personalized medicine. Skills in data analytics and bioinformatics are becoming essential to support these breakthroughs.

Emerging technologies like AI, IoT, and digital twins are revolutionizing healthcare. AI accelerates drug discovery and treatment, IoT enables real-time patient monitoring, and digital twins simulate patient conditions for more precise care. Additionally, GCCs are driving advancements in bioinformatics, protein engineering, and bioprocessing, expediting drug development.

India’s healthcare GCCs are at the forefront of global transformation, leveraging advanced technologies, deep domain expertise, and a highly skilled workforce to drive innovation in healthcare. By integrating AI, data analytics, and automation, these centers are accelerating drug discovery, enhancing patient care, and optimizing healthcare operations. However, addressing challenges such as talent shortages, regulatory complexities, and cybersecurity risks will be critical to sustaining this growth. A strong focus on continuous upskilling, sustainable practices, and cross-industry collaborations will further solidify India’s position as a global healthcare innovation hub. As the industry evolves, India’s healthcare GCCs are poised to shape the future of medical research and digital healthcare, delivering long-term value to global healthcare ecosystems.

Gold by Sandip Raichura: Insights from PL Broking & Distribution CEO

by Mr. Sandip Raichura, CEO – of Retail Broking and Distribution, Director – of PL Broking and Distribution.

“Gold prices have remained buoyant over the past week as uncertainty, while reduced to some extent, has not disappeared. Growing concerns about US President Donald Trump’s tariff plans have continued to provide some support to the precious metal apart from softish US yields and DXY. The US retail sales data on Friday is a key trigger Technically, the gold price maintains a strong uptrend on the daily timeframe as the price holds above the key 100-day Exponential Moving Average (EMA). However, the 14-day Relative Strength Index (RSI) remains in the overbought territory and therefore some bit of a pullback may be there after a sharp rally right upto 2940 levels. The next logical level for the prices remains the sentimental level of USD 3000 which we believe is coming soon after a short pullback.”

IIT Roorkee Hosts Training on Seepage Management in Dams

IIT Roorkee, 27, 02 2025: The Indian Institute of Technology Roorkee (IIT Roorkee), through its International Centre of Excellence for Dams (ICED), successfully started a Short-Term Training Course on “Assessment and Management of Seepage in Dams” from February 25 to 28, 2025. The four-day program, coordinated by Prof. Brijesh Kumar Yadav, served as a dynamic platform for professionals, researchers, and students to exchange insights and deliberate on the latest advancements in dam safety and seepage management.

Prof. K.K. Pant, Director of IIT Roorkee, emphasized the critical importance of dam safety in sustainable water resource management and reaffirmed IIT Roorkee’s commitment to research and technical innovation in this field. Prof. M.L. Sharma, Head of ICED, highlighted the role of interdisciplinary collaboration in dam safety research, stressing that knowledge-sharing initiatives like this training course are instrumental in developing resilient and safer water infrastructure. Prof. N.K. Goel, Founding Head of ICED, underscored the need for continuous innovation and capacity building in dam safety and reflected on ICED’s pivotal contributions to seepage research and management strategies.

The training course was inaugurated by Chief Guest Er. Manoj Tripathi, Chairman of the Bhakra Beas Management Board (BBMB). He emphasized the importance of knowledge sharing and technical discussions in enhancing dam safety practices. He also noted that the training course would serve as a valuable platform for professionals across disciplines to engage in meaningful dialogue on seepage-related challenges and solutions.

Prof. Brijesh Kumar Yadav, the course coordinator, provided key insights into seepage management strategies, highlighting its crucial role in dam safety and rehabilitation. He encouraged participants to foster logical thinking and technical expertise in addressing seepage issues effectively.

The training program witnessed active participation from over 25 delegates representing DRIP-implementing agencies, state and central water resource departments, and key power sector organizations, including NTPC Limited, NHPC Limited, THDCIL, SJVNL, Damodar Valley Corporation, KSEB, NEEPCO, and the Meghalaya State Electricity Board.

The inaugural session concluded with a vote of thanks by Prof. Brijesh Kumar Yadav, who expressed gratitude to the participants, speakers, and organizers for their valuable contributions in making the training course a resounding success.

Beyond Borders: An Art and Culture Festival

The week-long celebration of Beyond Borders: An Art and Culture Festival was initiated by Kumar Vikas Saxena of Empowerment in association with LT Foundation and TAG Art Gallery, New Delhi. The festival brings together 20 distinguished artists—10 from India and 10 from international backgrounds—who showcase their artistic expressions, fostering a mesmerizing confluence of creativity and culture.

The festival commenced with a grand preview party, featuring a ceremonial lighting of the lamp. The occasion was graced by esteemed dignitaries, including Shri Ashok Vajpeyi, Mr. Niren Sengupta, Ms. Uma Jain, and Ms. Leela Samson. Notable embassy officials also attended, including H.E. Ms. Mateja Vodeb Ghosh, Slovenia’s Ambassador; Mr. Michael Pal from the Austrian Embassy; Ms. Nirosha K. Herath from the Sri Lanka Embassy; and Mr. Josue Abel Diaz Villegas from Guatemala.

Special guests included Mr. Safir Anand, Senior Partner at Anand and Anand; Mr. Kishori Lal Sharma, Hon’ble Member of Parliament; and Shri Chanchal Kumar, Principal Secretary of the North-East Development Corporation, Government of India. Their presence added prestige and significance to the festival.

The participating artists, both Indian and international, presented diverse perspectives through their work. Indian artists such as Anup Kumar Chand, Kanchan Chander, Kumar Vikas Saxena, Manish Pushkale, Niren Sengupta, Nupur Kundu, and Pooja Pawar showcased their distinctive artistic expressions. Meanwhile, international artists, including Carola Minssieux Gliesch, Dorothee Ledermann, Eszter Tari, Julia Bugram, Karmen Bajec, Nikoletta Antonopoulou, Nikola Markovic, Nurlan Kilibaev, Theepatis Boonvijitnititorn, and Zuriya Koon, enriched the festival with their global artistic insights.

Kumar Vikas Saxena stated that the festival’s artists would visit historical landmarks, the Hastkala Craft Museum, and Old Delhi to experience India’s architecture, folk art, and religious harmony. They will also conduct workshops at Treasure Art Gallery and visit artist Niren Sengupta’s studio. The event also saw the presence of notable embassy officials such as H.E. Ms. Mateja Vodeb Ghosh, Slovenia’s Ambassador, Mr. Michael Pal from the Austrian Embassy, and Mr. Josue Abel Diaz Villegas from Guatemala. and Artists Anup Kumar Chand, Kanchan Chander, Kumar Vikas Saxena, Manish Pushkale, Niren Sengupta, Nupur Kundu, Pooja Pawar.

Startup Mahakumbh Launches Maha Rathi with INR 30 Cr Prize Pool

New Delhi, February 27, 2025 – The Department for Promotion of Industry and Internal Trade (DPIIT), in collaboration with Avaana Capital, LetsVenture, Karnataka Digital Economy Mission (KDEM), IVCA, HDFC, among others, announced the launch of the Startup Maha Rathi challenge as part of the second edition of Startup Mahakumbh. A flagship initiative aimed at empowering Indian startups through every nook and corner of the country with funding, mentorship, and strategic guidance, this challenge aligns with India’s long-term vision of becoming a developed economy (Viksit Bharat) by 2047. The challenge is set to provide access to up to a ₹30 crore fund, mentorship from industry experts, and networking opportunities with global investors. In addition, it will also entail special awards for innovative startups from emerging states and union territories through a dedicated program.

Startup Maha Rathi – Rising towards Viksit Bharat – is designed to open doors for budding entrepreneurs across 11 key sectors, including AI & DeepTech, BioTech & Healthtech, Gaming & Sports, Fintech, Incubators & Accelerators, Mobility, Agritech, B2B & Precision Manufacturing, D2C, ClimateTech, and Defence & SpaceTech. The program would be awarded by the Honourable Minister of Commerce and Industry and is aimed at equipping startups with the necessary resources to scale their operations and contribute to India’s technological and economic advancement. Startups selected through this initiative will gain exposure to global markets through Startup India, access to mentorship from industry veterans, investor networking opportunities, and national-level recognition by DPIIT.

The competition will follow a structured, multi-phase selection process, beginning with the application launch on February 26, 2025, and culminate after a 4-step process in an exclusive live pitching finale from April 3-5, 2025, at Bharat Mandapam, New Delhi. While each startup shortlisted for the grand jury round receive a guaranteed ₹1 Lakh, top two startups from each sector will be awarded ₹10 lakh respectively, while the next five will receive ₹5 lakh each. Next 5 startups in each track will gain access to ₹3 lakhs each in addition to financial grants, participating startups will receive expert guidance and investor access through a jury comprising 100+ leading VCs, angel investors, and domain specialists from Starup India and organizations such as Avaana Capital, LetsVenture, KDEM, IVCA, HDFC among many others.

Sharing his thoughts on the launch, Shri Piyush Goyal, Union Minister for Commerce and Industry, said, “The Startup Maha Rathi initiative marks a pivotal stride toward achieving India’s vision of ‘Viksit Bharat 2047.’ By offering strategic financial support and expert mentorship, this initiative will empower the nation’s most promising startups to scale, innovate, and drive transformative change, strengthening India’s position as a global leader in entrepreneurship and innovation.”

Shri Amardeep Singh Bhatia, Secretary, DPIIT, added, “India’s startup ecosystem is at an inflection point, and initiatives like this are crucial in ensuring that high-potential ventures receive the right support to thrive. By enabling a strong innovation-driven culture, the initiative will play a pivotal role in shaping the next generation of disruptive entrepreneurs.”

Commenting on the initiative, Shri Sanjiv, Joint Secretary, DPIIT, said, “Our mission is to focus on bridging the gap between startups and investors and this initiative will provide a structured, high-impact platform for startups to showcase their innovations and gain direct access to funding and mentorship.”

Anjali Bansal, Founding Partner, Avaana Capital, stated, “Initiatives like Startup Maha Rathi provide catalytic support to entrepreneurs solving for India’s critical priorities—green growth, sustainability, energy transition, food systems, agriculture, and deep tech. The programs not only showcase India’s entrepreneurial strength but also reinforces our ability to develop scalable solutions aligned with national priorities and position India as a global leader to accelerate towards a sustainable, inclusive and globally competitive Viksit Bharat.”

Prashant Prakash, Founding Partner, Accel, remarked, “Aimed at evaluating more than 5,000 startups, Startup Maha Rathi presents a unique opportunity to identify and invest in startups that have the potential to drive India’s economic transformation. We are proud to collaborate on this initiative and support entrepreneurs in scaling their businesses with the right financial and strategic backing.”

Recruiterflow Unveils AI Modules to Streamline Hiring & Boost Productivity

Recruiterflow Logo

Recruiterflow, an AI-first RecOps (Recruiting Operations) Platform, has launched AI modules designed to automate workflows, enhance intelligence, and optimize decision-making for staffing and recruiting agencies. It has integrated AI-powered features in its Recruiting Operations (RecOps) platform to transform how agencies engage with candidates, analyze data, and drive revenue growth.

Designed as an AI-first RecOps Command Center, Recruiterflow offers a seamless blend of decision-making and intelligence through its CRM, ATS, reporting, sourcing, and automation features. One of the AI modules includes a conversational AI-powered RecOps Assistant (AIRA) to allow instant retrieval of candidate and client data, including their past conversations, providing actionable insights about the candidate’s profile and client history. Serving a dual purpose, AIRA also automates content creation, including job descriptions and personalized communications. AI-powered personalized outreach improves candidate and client communication, leading to higher candidate response and engagement.

Moreover, Recruiterflow BI is an advanced, AI-powered reporting and analytics feature. The tool generates reports and provides predictive insights into sales data, revenue impact, and performance trends, allowing staffing agencies to optimize operations and make informed decisions. Recruiterflow’s AI-powered candidate matching module automatically highlights top candidates for every job. These AI tools facilitate the identification of top talent by automating resume screening and saving hours for recruiting agencies. They provide flexibility and personalization, empowering staffing agencies to tailor outputs to their needs. AI-generated content, including reports, emails, and job descriptions, can be easily customized to align with existing workflows.

Recruiterflow’s AI features have already delivered measurable improvements for agencies across the US, UK, and Canada. Early adopters saw a 37% increase in recruiter productivity using AI-powered job descriptions and outreach, with firms saving an average of over five hours per recruiter per week through AI-driven data retrieval. Agencies leveraging AI-powered outreach saw a 22% boost in candidate response rates.

Amritanshu Anand, Co-Founder of Recruiterflow, said, “Recruitment is a complex process. Recruiters and staffing agencies often find themselves bogged down by manual tasks. With the launch of these new AI modules, we’re taking a significant step towards eliminating manual effort and creating a seamless recruitment process. The results speak for themselves. Firms using AIRA, our AI-powered RecOps assistant, have already saved an average of 5+ hours per recruiter per week. We look forward to continuing to improve these tools and introduce new AI-driven solutions to ensure staffing agencies can operate with maximum efficiency.”

Recruiterflow is continuously expanding its AI capabilities, empowering agencies with innovative hiring tools. The company is working on several AI-powered developments. These include goal setting, team leaderboards, KPI analysis, predictive analysis for placements and revenue growth, and candidate ranking based on intelligent scoring in resume analysis.

Healthy lifestyle and diet crucial to maintain healthy kidneys

Dr. Vidyshankar P,

by Dr. Vidyashankar P, lead consultant – Nephrology, Aster CMI Hospital, Bengaluru
The kidneys help the body to filter your blood. They remove waste products from the body, maintain balanced electrolyte levels, and regulate blood pressure. Your kidneys activate a form of vitamin D that helps your body absorb calcium for building bones and regulating muscle function. Therefore, it is important to know the different measures that you have to take to maintain healthy kidneys.

A healthy lifestyle means a healthy kidney

It is necessary to follow a healthy lifestyle as part of which, people have to consume plenty of water. Avoid excessive consumption of alcohol, smoking, and packaged and processed food. Regular exercise is good, reduces your blood pressure, and boosts the health of your heart, which are important to maintain healthy kidneys. Walking, running, cycling, and dancing are good for your health. You need to find an activity that keeps you fit, busy, and fun. This will be easier to follow and will even be fun. Alongside this, ensure that you undergo kidney screenings every year. Timely diagnosis and treatment are the most important ways to prevent and treat kidney diseases.

A proper diet plan is a must to maintain healthy kidneys
One can consume foods that can help boost the performance of the kidneys such as;

 Apples contain pectin fiber which helps reduce the risk for kidney diseases, such as high blood sugar and cholesterol levels.

  •  Dark leafy greens such as spinach and chard contain a wide variety of fibers, vitamins minerals and are rich in antioxidants, which are good for the kidneys.
  •  Salmon, tuna, and other cold-water, fatty fish that are high in omega-3 fatty acids can make a beneficial addition to any diet.
  •  Sweet potatoes are also beneficial to the kidneys. They contain vitamins and minerals, such as potassium that may help balance the levels of sodium in the body and reduce its effect on the kidneys.
  •  Dark berries, which include blueberries, strawberries, and raspberries, are nutritious and have antioxidant compounds that help in maintaining a healthy kidney.
  •  Lemon, orange, and melon juice all contain citric acid, or citrate, which prevents kidney stone formation by binding with calcium in urine. This curtail the growth of calcium crystals, which cause kidney stones. In addition, drinking a cup of fresh juice per day can contribute to your daily fluid intake.

Alongside this, one must consume enough water to keep their kidneys healthy. The cells use water to transport toxins into the bloodstream, while the kidneys use water to filter these toxins out. Water helps the kidney to properly flush out any excess waste materials from the body.

Kidney failure
Also termed an end-stage renal disease (ESRD), is the last stage of chronic kidney disease. When your kidneys fail, it means they have stopped working well enough for you to survive without dialysis or a kidney transplant.

Dialysis
Dialysis will filter and purify the blood with the use of a machine, which performs the function of the kidneys. Based on the type of dialysis you may require, a larger machine or a portable catheter bag would be used for treatment. Dialysis helps if you take up regular, scheduled treatments. Kidney patients are also advised to take up a low-potassium, low-salt diet along with dialysis.

Transplant
An effective treatment that may be considered is a kidney transplant. A transplanted kidney works normally and eliminates the need for dialysis. However, the wait for a donor kidney that could be compatible with your body could be long as patients are waiting for a transplant. Before going in for the transplant, it is necessary to talk to your doctor about whether you are fit for a kidney transplant.

It is important to maintain and live a healthy lifestyle and take care of your kidneys. People should also consistently raise awareness about kidney health in the family and the larger social community like friends and relatives. In case you have doubts about the functioning of your kidneys, it is best to approach your doctor and take his/her advice on what measures to take to stay healthy.

Bershka Opens First Store in India at Phoenix Palladium, Mumbai

Mumbai, 27 February 2025
BERSHKA, a brand of the Inditex group, debuts in India bringing its creative collections to the first store in the country and launching its own online platform.

Bershka is a bold and ambitious retail brand for a young audience that empowers young people to express their boldest selves.

At Bershka we embody the excitement of defining your own style for the first time, serving as a bridge between mainstream fashion and emerging subcultures and trends. We want to inspire our audience and reshape the high street-by blending creative innovation, community connection, sustainable practises and a forward-thinking mindset.

Music is also central to BERHSKA´s identity, integrated into every aspect of the brand. At Bershka we present a cultural point of view and lifestyle that extends beyond clothes, providing an immersive cultural platform that resonates deeply with our audience.
Bershka brings to the market all its three product lines:

BSK Teen for 10-12 years old audience that is curious, social, natural, playful and imaginative. This line is deeply embedded in digital culture, especially through platforms like Tik Tok or YouTube.

BERSHKA/BSK Teen is influenced by music, social media trends and viral challenges. It is particularly drawn to influencers and youth-oriented pop culture and it´s aimed to reach unique, cute, image conscious and adventurous customers.

BERSHKA Women & Men Engaging with brands that feel culturally relevant, whether through music, social media or activism. This audience is empowered, revel, confident, with attitude and real.

BERSHKA STORE
New Bershka collection is already presented in the very first Bershka store located in Mumbai in one of the country’s most important shopping centres, Phoenix Palladium. The store features the brand’s latest image, redefining the retail space by giving unique prominence to the services offered and enhancing product display. This approach results in a fluid and attractive shopping experience, allowing customers to interact with the environment intuitively and efficiently.

The store has 472m² of retail space, characterised by its regular shape, which is interrupted by significant structural elements that introduce dynamism into the customer journey. These elements integrate with both perimeter and central furniture, establishing a dialogue between architecture and interior design. Additionally, the furniture arrangement responds to a commercial strategy that optimises product display and improves in-store navigation, offering very specific product messages.

In this case, the store consists of physical checkouts and self-checkout drop-off points, which, along with the fitting rooms, structure the user’s journey within the retail space. These areas have been carefully measured within the natural flow of circulation, allowing visitors to enjoy an organic and efficient shopping experience.

One of the most notable aspects is the façade. With an imposing height of 10 metres, it becomes an iconic and recognisable element. Its finish in a square steel panel establishes an aesthetic and material link with the interior finishes.

In terms of materials, a neutral palette has been maintained, reinforcing the brand’s globally projected image. Stone and steel cabinets provide robustness and durability, while fitting rooms lined with white tiles evoke a sense of cleanliness and spaciousness.

Through a combination of architectural design, spatial distribution, and material selection, the store becomes an innovative and sophisticated space that redefines the traditional shopping concept.

BERSHKA.COM
BERSHKA not only opens its first store in the country but also launches its online commerce simultaneously to offer new customers a complete shopping experience. BERSHKA.COM offers a wide range of products from all the brand’s lines: BERSHKA, BSK Teen, and WOMAN / MAN.
BERSHKA MMBRS
Alongside the launch of the physical and online store, customers can enjoy the BERSHKA MMBRS loyalty programme, which includes financial incentives for registering with BERSHKA or subscribing to its newsletter.

Additionally, users will receive 2% cashback on each physical or online purchase and 4% cashback on their first purchase through the App.

BERSHKA MMBRS also offers birthday gifts, early access to new releases, participation in exclusive giveaways, and invitations to special events, among other benefits.

BERSHKA AND INDITEX
Bershka belongs to the Inditex Group, a global fashion company, together with Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Zara Home. With a business model focused on constant innovation and customer service, Inditex operates an integrated platform of physical and online stores in over 200 markets and is committed to achieving climate neutrality by 2040. Inditex currently has 26 stores in India, including this new Bershka store. Zara, Massimo Dutti and Bershka also have their own online platforms in the country.

Fortis Nagarbhavi Successfully Treats 72-Year-Old for Rare Bladder Cancer

Dr. Bharath

Bengaluru, 27 February 2025 – Fortis Hospital Nagarbhavi successfully treated a 72-year-old man for a rare and aggressive bladder cancer known as ‘squamous cell carcinoma’. The patient underwent surgery performed by Dr. Bharath G, Consultant – Surgical Oncology, Fortis Hospital Nagarbhavi along with his team. The surgery lasted for 7 hours, and the patient was discharged just a week after the surgery.

Patient Mr. Chandra(Name changed) had been struggling with painful urination and a condition that caused him to pass urine through his stool. This rare health condition caused by a fistula (an abnormal connection between the bladder and intestine), lasted for a month and significantly affected his daily life. Despite multiple visits to various hospitals, he couldn’t find any relief and felt desperate for a solution. Finally, he reached out to Fortis Nagarbhavi, in the hope of finding an effective treatment.

Upon admission at Fortis Nagarbhavi a detailed medical evaluation revealed that Mr Chandra had squamous cell carcinoma of the bladder which had spread to nearby organs. Given the severity of the situation, Dr. Bharath recommended immediate surgery.

Speaking about the case, Dr Bharath G, Consultant- Surgical Oncology, Fortis Hospital, Nagarbhavi, said “Upon Mr. Chandra’s arrival at the hospital, his condition was critical. Following the medical evaluation, we performed a detailed 7-hour surgery to remove the cancerous tissues, along with the fistula with the part of the intestine, including lymph nodes, to assess any spread of the disease. Additionally, we created an alternative pathway for waste elimination, as the bladder was completely affected by the tumor. While a new bladder could not be reconstructed due to his condition, the tumour was successfully excised as a whole, and the affected regions were reconstructed. Mr. Chandra is now recovering well and adjusting to life with a urostoma (an opening on the abdomen where urine flows out into a bag, instead of through the normal urinary tract).”

Mr. Akshay Oleti, Business Head of Fortis Hospitals Bengaluru, added, “This particular case highlights our commitment to providing personalized and innovative care. We are proud of our medical team’s expertise in handling such complex surgeries and achieving successful outcomes.”

EDF India & Actis Announce Strategic Partnership

New Delhi, 27 February 2025: EDF India today announced a strategic joint venture (JV) with Actis, a leading global investor in sustainable infrastructure. This collaboration aims to operate a dedicated platform company for Advanced Metering Infrastructure Service Provider (AMISP) concessions, reinforcing EDF India’s and Actis’ commitment to investing in the Indian power sector. Under this joint venture, EDF India and Actis will bring together their global expertise in energy solutions and infrastructure investments.

The Indian government is actively driving the National Smart Metering Project under the Revamped Distribution Sector Scheme (RDSS), targeting the deployment of 250 million smart meters by 2025. These advanced metering solutions are designed to enhance operational efficiencies, reduce aggregate technical and commercial losses, and bolster the financial sustainability of India’s power distribution companies (DISCOMs).

Commenting on the joint venture, Federico D’Amico, CEO of EDF India, stated: “We are excited to join hands with Actis to accelerate the deployment of smart metering infrastructure in India. This partnership underscores our commitment to supporting India’s energy transition by leveraging our global expertise and innovation in digital grid technologies.”

Asanka Rodrigo, Partner at Actis, added: “This collaboration marks a significant step in our continued commitment to India’s power sector. Smart metering is a critical component in ensuring efficient energy consumption, reducing losses, and improving billing accuracy for consumers. We look forward to working with EDF, a leader in the sector globally, to scale our joint venture in India.”

The joint venture between EDF India and Actis aligns with India’s broader vision of achieving a more resilient and efficient power distribution network. By leveraging cutting-edge technology, data analytics, and global best practices, the initiative aims to drive a transformative impact on the country’s power sector, benefiting both utilities and consumers alike.