Timex Group India Reports Strong Q3 FY25 Financial Results

National | January 31, 2025 – Timex Group India Ltd (TGIL), a prominent player in the Indian watch industry and part of the globally renowned Timex Group, has reported an impressive financial performance for the third quarter of fiscal year 2025. Driven by the launch of innovative and premium products, expansion of distribution channels, and strong traction in the luxury and fashion segment, the company achieved a record total income of 120 crores, reflecting a double-digit growth of 27% vs last quarter. Both EBITDA and PBT show the upward journey of the company, each reported at 4.6 crores, and 2.6 crores respectively.

The quarter’s results highlighted strong performance across channels, with traditional trade taking the main stage as the largest sales contributor with an impressive growth of 30%. E-commerce maintained the growth momentum this quarter, while the defence sector demonstrated significant progress, underscoring Timex Group India’s ability to diversify and cater to varied markets effectively.

Timex continues its strong momentum, with the core brand Timex delivering an impressive 36% growth this quarter. In the fashion segment, Guess recorded a solid 17% growth. Notably, Philipp Plein, a key brand in the licensed luxury portfolio, 82% Growth in Q3, underscoring the segment’s robust performance.

Timex Group India Ltd financial highlights for YTD FY25

Business Performance

  • Total income reached ₹403.7 crores, showing an impressive 23% double-digit growth
  • Profit Before Tax (PBT) also saw an increase of 62%, indicating strong financial health
  • Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew by 44%

Channel Performance

  • E-commerce grew by 31%,
  • Trade saw an impressive growth of 22% while other channels had a healthy double-digit growth

Brand Performance

  • Timex maintained the growth momentum with a 22% increase
  • Luxury brand Versace, saw a spectacular growth of 37%
  • Guess grew by 29%
  • Philipp plein at 337%

Mr. Deepak Chhabra, Managing Director, Timex Group India Ltd, commented on the quarter’s performance, “We are excited to share yet another successful quarter performance, which is a result of our continuous focus on delivering exceptional craftsmanship and tapping into emerging market opportunities in the premium segment. The outstanding performances of our flagship Timex brand coupled with fashion and luxury segments, inspire us to keep innovating and expanding our reach to meet India’s growing appetite for premium timepieces.”

The quarter was also marked by the 170th-anniversary limited edition 1-dollar watch launch, showcasing the legacy of Timex in the art of watchmaking, amplifying the brand’s visibility, and strengthening consumer engagement across platforms. Collaborations with globally recognized brands and designers such as Fortnite, James Brand, and Jacquie Aiche further solidified Timex’s appeal among India’s modern, style-conscious consumers. The festive season launches witnessed the acceptance of premium collections, including the Timex Fria Peekaboo range which introduced watches with unique, modern designs.

Timex Group India Ltd is charting a clear course for sustained growth reaching new milestones each quarter. The company plans to deepen its presence in high-potential areas including airport retail, introducing premium brands, and diversifying its portfolio with new categories like Guess Jewellery further enhancing its consumer connection.

Timex continues with its commitment to watchmaking with the launch of a limited-edition watch designed by Timex’s Milan-based Creative Director, Giorgio Galli, whose passion for minimalist design and functional elegance has set him apart in the watch industry. Limited to just 500 pieces, the Giorgio Galli S2Ti is the final evolution of the iconic S series that redefines sophistication, seamlessly blending contemporary design with exceptional durability. Enhanced digital experiences are a top priority to keep pace with India’s rapidly evolving consumer landscape.

Experience Untamed Wilderness in “Born to Be Wild”: Premiering on History TV18

Get ready for an exhilarating, heart-pounding journey that takes survival to extremes with Born to be Wild, a three-part adventure series premiering on Friday, 31st January 2025, 7:05 PM on History TV18. Hosted by the daring and dynamic adventurer Andrew Ucles, who has reached over 2 million people through his YouTube page, this show redefines wildlife exploration, bringing audiences face-to-face with some of the planet’s most untamed creatures in remote landscapes.

In this adrenaline-fueled series, Andrew Ucles, an Australian survivalist, animal expert, and filmmaker, pushes the limits of human endurance to bring viewers closer to nature’s wonders. Join him as explores the dense jungles of South America, the plains and wetlands of Africa, and the rugged outback of Australia. With just a handy cam and sheer grit, he gives viewers an up-close-and-personal look at wildlife and survival like never before.

Watch Andrew navigate the perilous Amazon rainforest in Peru as he braves this unforgiving “green hell” for a month. From dancing with an anteater, to discovering a venomous snake known locally as “The Landmine” and being bitten by a caiman in the river, he pushes the boundaries of his stamina, safety and sanity!

In Africa, Andrew sets out on a mission to find 12 animals in 7 days, including Africa’s Big Five, elephants, hippos and more! Journey headfirst into the Zambian wilderness with him, as he finds himself getting stalked by lions, in a close standoff with a spitting cobra, and being chased by elephants. How many times can he push his luck to come away unharmed in a battle with some of the most dangerous creatures?

And finally, join Andrew on an awe-inspiring journey across Australia’s harsh northern terrain, Arnhem Land, where survival means battling crocodiles and tracking feral buffalo. Will this remote, semi-arid landscape break him, or will he conquer Australia’s last frontier?

For Indian audiences fascinated by diverse ecosystems and wildlife, Born to Be Wild offers a riveting look at how similar human and animal survival instincts are. The series offers a blend of education and entertainment served with warmth, action and humour. At its heart, the show is about connecting with nature, understanding its fragility, and appreciating its raw beauty. Marvel at our wild planet, and realise the power of human determination, starting 31st January, on History TV18.

WICCI Launches Women Empowerment Council

National, 31th January 2025: Women’s Indian Chamber of Commerce and Industry (WICCI) today announced the launch of Women Empowerment Council. This council will be led by Ajuli Tulsyan, Editor-in-Chief, Edge & Essence as National President and Divya Narayan, Communications Strategy Consultant as Vice President with the support of twelve council members.

The council’s overarching focus spans three pivotal areas to empower and elevate women across sectors. First, prioritizing health and wellness —both physical and mental—recognizing that true empowerment begins with a healthy body and a balanced mind. Second, fostering entrepreneurial skills by equipping women with essential knowledge in finance, legal frameworks, technology, marketing, and business strategy along with networking opportunities. This comprehensive approach ensures they are prepared to excel in their chosen fields and navigate challenges with confidence and competence. Lastly, honing leadership capabilities by encouraging self-sufficiency and resilience, empowering each woman to become a trailblazer in her domain. In addition, we will emphasize on mentorship, creating avenues for experienced professionals to guide, inspire, and support women in navigating challenges and advancing their careers. Together, these pillars create a robust foundation for personal and professional growth, enabling women to take on the world with poise and determination.

Ajuli Tulsyan, Editor- in-Chief of Edge & Essence and National President of WICCI Women Empowerment Council said, “I am thrilled to lead a dynamic and diverse group of women from communications and related industries such as sales, journalism, literary pursuits, digital marketing, coaching & personal development and philanthropy. We provide a depth of experience and a common desire for women empowerment. Our objective is to encourage and uplift women through an action driven approach focused on health, financial independence, and personal development. We hope to inspire confidence, create opportunity, and drive meaningful change in these critical areas by cultivating an inclusive ecosystem in which women empower and support one another.”

Divya Narayan, Communications Strategy Consultant and Vice President of WICCI Women Empowerment Council said, “We are deeply committed to fostering a culture that not only supports but celebrates the achievements of women across all spheres of life. Our mission is to provide resources, opportunities and platforms necessary for women to thrive, lead and innovate. It is our vision to break down barriers, challenge stereotypes, and create a world where every woman has the confidence and opportunity to pursue her ambitions fearlessly. Together, we are paving the way for a future where equality, inclusivity, and empowerment are at the forefront of our collective success.”

The WICCI Women Empowerment Council comprises of women professionals and entrepreneurs across a diverse set of industries including Anooja Bashir (Co-Founder & CEO – FlexiCloud), Chitra Nair (Community Engagement Consultant), Hema Vinod (Educationist, Coach and Published Author), Indrani Banerjee (Group Head – HR & Shared Services, MBRS Hotel Pvt. Ltd.), Dr. Madhavi Venkat (Founder of Celebrity Secrets: Hair & Skin Clinic), Meeta Asthana (Quality & Process Improvement Expert), Dr. Monica Nagpal (Radical Pause Coach and Founder of Hope and Happiness), Nupur Dwivedi Pandey (Emotional Intelligence Expert and Founder Director of MANAS FE Consultancy Pvt. Ltd.), Reethi Rai (Digital Marketing & Content Strategist), Siji Varghese (CEO – Leaders in Lipstick®), Sheetal Bhat (SaaS Sales and Technology Evangelist), Stuti Chhabra (Strategic PR & Communications Specialist).

Women’s Indian Chamber of Commerce and Industry (WICCI) is a premier National Business Chamber for Women in India envisioning Global Impact for Women Entrepreneurs, Businesswomen and Professionals from all walks of life. Supported by the massive global networks of ALL Ladies League (ALL), Women Economic Forum (WEF) and SHEconomy, with 250,000 members and supporters worldwide, including 60,000 in India, WICCI drives fundamental changes in governmental policies, laws, incentives and entrepreneurial ecosystems, with a view to robustly encourage and empower women in business, industry and commerce across all sectors and fields. With various sectoral and multi-sectoral councils across India and abroad, WICCI actively engages the voice of thousands of diverse women entrepreneurs and professionals across all sectors and strata of economy and society. These diverse inputs form the basis of many of the unique ideas and innovative recommendations evolved by the various councils and presented to government authorities for policies that have a huge growth impact on women’s businesses, professions, equity and empowerment.

Genius Consultant Survey Examines Key Trends in Workforce Dynamics and Productivity

31st January 2025: – Genius Consultants, a leading Workforce Staffing and HR Solutions provider, has released its December 2024 Survey Report, offering a comprehensive analysis of workplace trends by evaluating the labour welfare and productivity of daily workplaces. The latest survey focuses on productivity, work-life balance, and the integration of employee-centric and employer-driven policies. The findings, based on responses from 1,132 employees and 1,011 employers, shed light on the evolving dynamics in workplaces across industries.

The survey reveals that organizations are making notable efforts to address employee needs, but there remain critical areas for improvement. 23% of employees report that their organizations frequently provide opportunities for skill development or upskilling, reflecting a growing acknowledgment of professional growth as a priority. However, 28% of employees feel these opportunities are provided only occasionally, while 27% state they are rare, suggesting a gap in consistent engagement. This highlights how upskilling and regular training is still not being emphasized by many organizations and the same is yet to be focused on.

Work-life balance have emerged as another focal point, with 31% of respondents indicating satisfaction with their organization’s efforts in this area. However, 23% feel that these efforts are inadequate, and 16% are unsure, highlighting the need for better communication and implementation of policies supporting balance. This sheds a light on the current scenario of the need for work-life balance that employees are demanding against the expectations of few organizations from their employees to put in higher work hours.

Regarding workplace safety, 40% of employees believe that their organizations are effectively addressing safety concerns, but 33% express dissatisfaction, citing insufficient measures. This emphasizes the critical need for robust safety protocols to foster a secure work environment.

When asked about productivity support measures such as tools and training, 30% of respondents report satisfaction, while 15% feel the support was insufficient, underscoring the importance of comprehensive and accessible resources.

Employers however, have expressed a commitment to productivity and welfare, though challenges persist in aligning policies with employee needs. Monitoring productivity have emerged as a key focus, with 35% of employers reporting effective systems to track and support employee output. However, 30% have admitted to gaps in these systems, while 16% are uncertain about their effectiveness, indicating room for optimization.

Labour welfare policies remain a priority, with 60% of employers emphasizing mental health initiatives, workplace inclusivity, and employee benefits. Nonetheless, 20% of employers have noted barriers in implementing these policies, including budgetary constraints and lack of organizational support.

The survey also reveals challenges in executing welfare initiatives, with 23% of employers stating implementation is moderately challenging, while 49% find it highly challenging due to resource limitations. Only 13% of employers consider implementation easy, pointing to systemic hurdles in workforce welfare.

Policy updates for improving productivity and welfare are reported by 50% of employers as occurring annually and 16% of employers have reported bi-annual implementation, demonstrating proactive efforts to adapt to changing workforce needs. However, 22% admit to infrequent updates, reflecting the need for more agile policy frameworks.

When enquired about the support provided by the local and state policies for labour & welfare and productivity, 33% of employers have confirmed being highly satisfied with the support followed by 15% who have expressed satisfactory feedback towards the local & state policies. However, while 37% remained neutral in expressing their views, 15% of the employers have voiced dissatisfaction towards the local & state labour welfare and productivity policies, highlighting the need to focus on the same.

Commenting on the findings, Mr. R P Yadav, Chairman and Managing Director of Genius Consultants, said, “These survey results serve as a wake-up call for organizations to intensify their focus on employee satisfaction and welfare. While there are commendable efforts in skill development and policy updates, there is much work to be done to ensure workplaces are inclusive, supportive, and aligned with evolving employee expectations. At Genius Consultants, we are committed to empowering organizations to achieve these goals and create thriving workplaces.”

The Digipoll Survey Report highlights the strides organizations are making to improve workforce engagement and productivity, while also uncovering critical gaps in implementation. It underscores the need for consistent upskilling, better work-life balance, and enhanced welfare policies to build resilient, future-ready workplaces.

Shri Rohan A. Khaunte Advocates for Youth Empowerment and Job Creation at IDEAS 3.0

Verna January, 2025: Padre Conceicao College of Engineering (PCCE), Verna, organized the IDEAS 3.0 – 2025 Intra College Project Competition on 24th and 25th January. This two-day event celebrated creativity and innovation with a showcase of projects blending science, innovative and cutting edge technology.

The inauguration ceremony was graced by the Hon’ble Minister for Tourism, Information Technology, Electronics, and Communications, Government of Goa, Shri Rohan A. Khaunte, along with other dignitaries including Mr. D.S. Prashant, CEO of the Startup and IT Promotion Cell; Mr. Neville Noronha, OSD to the Minister; Dr. Mahesh B. Parappagoudar, Principal of PCCE; and Fr. Agnelo Gomes, Director of Agnel Technical Education Complex.

Addressing the gathering, Hon’ble Minister for Tourism, Information Technology, Electronics, and Communications, Government of Goa Shri Rohan A. Khaunte said, “It is truly inspiring to witness the creativity and innovation showcased at IDEAS 2025, organized by Padre Conceicao College of Engineering. Technology is evolving and the forward-thinking approach displayed here highlights the potential of Goa’s youth to reach new levels of achievement with fresh ideas. Through our Startup and IT Policies, we are supporting students by providing financial assistance to promote their ideas. Special schemes have been introduced for girls, ensuring they have access to platforms that enable them to excel in innovation. As we work towards Viksit Bharat 2047, we are also focusing on building Digital India and Digital Goa. With strong connectivity and robust infrastructure, we are creating an environment where young minds like yours can build successful ventures right here in Goa. Our goal is to transform youth from job seekers into job givers, leveraging the opportunities in the field of technology. This can only be achieved by working together.”

Initially, 100 innovative ideas were pitched, and after several stages of shortlisting, PCCE selected 30 projects to be showcased at the event. Approximately 60 higher secondary and secondary schools have been invited, with around 48 projects being exhibited by school children from across Goa. Over the course of 30 days, students transformed their concepts into solutions, demonstrating the immense potential of Goa’s young minds. Some of the projects included Aero-Swift, GLS King, Hovercraft, and various other innovative applications of technology, reflecting the diverse creativity of these students.

In addition to the project exhibition, the event included four engaging competitions for school and higher secondary students: Science Expo, BGIM, AR/VR Cricket, and Brainiac Battle. Workshops on Design Thinking, Idea Generation, and Business Model Canvas were also held, offering participants valuable insights into entrepreneurship and business development. The two-day event served as a unique platform for students, faculty, and alumni to connect with mentors, investors, and industry professionals, gaining hands-on experience and insights into industry standards. Students were encouraged to incorporate sustainable goals into their projects, aligning their ideas with environmental issues and practical applications in daily life.

MAJE Opens First Flagship Store in India Embracing Parisian Elegance

Mumbai, 31 January 2025 – Maje, the iconic Parisian fashion house renowned for its designs that celebrate and elevate women, is delighted to announce the opening of its first flagship store in India in collaboration with Reliance Brands Limited (RBL). Located in the vibrant heart of Mumbai at Jio World Drive, this marks an exciting new chapter in the brand’s expansion into the Indian market. The store will be Maje’s first flagship location in the country, solidifying its presence in one of the most dynamic and diverse retail markets in the world while bringing Maje’s distinctive blend of accessible luxury and bold creativity to India.

Founded in 1998 by Judith Milgrom, Maje has become synonymous with a versatile, sensual Parisian lifestyle that harmoniously blends effortlessly cool, glamourous style, with contemporary trends. The brand’s debut in India offers a curated opportunity for women to experience French fashion at its finest. Judith Milgrom founded Maje in 1998, staying true to her family’s heritage. The brand’s name spells out sibling unity: M for Moyal (her maiden name), A for Alain (her brother with whom Judith Co-Founded Maje), J for Judith (her first name), and E for Evelyne, her sister with whom she worked for more than 10 years.

Judith Milgrom has always envisioned Maje as a brand that allows women to live multiple lives in a single day, balancing sophistication and ease. Born and raised in Morocco, she moved to Paris with her family and early on developed a passion for dressing women. Inspired by her family’s strong work ethic and close bonds, she cultivated a unique style defined by light, color, and perceptive femininity.

The architecture of Maje stores offers a personal and unique space, almost like a second home, where the ready- to wear and women’s accessories collections, bold and offbeat, would be able to express Themselves.

«We are incredibly excited to introduce Maje to the vibrant and diverse Indian market,» said Judith Milgrom, Founder of Maje. «India’s rich cultural heritage, coupled with its dynamic blend of tradition and modernity, is truly inspiring. This store represents our opportunity to connect with the Indian audience, where fashion is not just a style statement but a way to express individuality. We look forward to celebrating the spirit of India and offering women here the Maje experience.»

To mark the grand opening, the Maje flagship store will feature an exclusive selection of the brand’s most beloved pieces. Among them is Maje’s Spring-Summer 2025 collection, Glam Office – From Paris to Milan. Inspired by the effortless chic of fashion capitals,this collection reinvents the

modern woman’s wardrobe with a touch of Italian elegance: structured tailoring, fluid dresses, and sophisticated silhouettes designed for a seamless transition from office to evening.

ZELIO E Mobility Partners with ECOFY to Enable Eco-Conscious Financing for Electric Vehicle Customers

Haryana, 31 January 2025: ZELIO E Mobility, a leading player in India’s electric two-wheeler market, has announced a strategic partnership with Ecofy, India’s first green-focused Non-Banking Financial Company (NBFC). This tie-up aims to make electric vehicles (EVs) more accessible and affordable for customers across the country, enabling them to purchase ZELIO’s popular models, including the X-Men, Gracy, Eeva, and Mystery. The partnership comes shortly after ZELIO’s association with LoanTap, a leading online personal loan platform, further enhancing their financing options for customers.

The Ecofy financing scheme offers a host of benefits for ZELIO E Mobility’s dealers, providing them with tools to boost sales and engage with customers effectively. Customers can enjoy low-interest rates, a quick approval process, and customizable EMI options, making EV purchases more accessible. The entirely digital and paperless financing process allows for a smooth, hassle-free loan application, setting it apart from traditional methods. Additionally, the accessibility of the Loan & EMI Monitoring App ensures customers stay informed and in control of their repayment schedules.

Mr. Kunal Arya, Co-Founder and Managing Director of ZELIO E Mobility Ltd., stated, “As the demand for electric two-wheelers rises, many customers are seeking affordable financing options to manage the upfront cost of these vehicles. Our partnership with Ecofy directly addresses this need by offering flexible and competitive financing plans, making electric two-wheelers more accessible. This collaboration reinforces our commitment to promoting sustainable mobility and providing customers with a seamless path to adopting eco-friendly transportation solutions.”

ZELIO E Mobility is committed to ensuring that its dealers have the resources they need to successfully promote and explain ECOFY’s financing options. Dealers will undergo specialized training programs to fully understand the financing products and assist customers in navigating the application process. Digital tools such as QR codes will simplify loan access, and dedicated field support will be available to address any questions. Marketing materials, including brochures and posters, will help dealers communicate the financial and environmental benefits of eco-friendly purchases effectively.

To further incentivize customers, special promotions and limited-time offers will be available under the ECOFY financing scheme. These promotions include lower interest rates, extended loan tenures, and waived processing fees, all designed to encourage more people to make the shift to electric two-wheelers. ZELIO E Mobility also plans to monitor the success of its partnership with Ecofy through several key performance indicators, including sales metrics, customer satisfaction, and dealership performance.

Since its inception, ZELIO E Mobility has established itself as a frontrunner in the electric two-wheeler market. With a customer base of over 200,000 riders and more than 273 dealerships, ZELIO is rapidly growing its presence across India. The EV two-wheeler brand is focused on expanding its market share and reaching more customers, with plans to increase its dealership network to 400 locations by March 2025.

Apollo Hospitals Hackensack Meridian Partner to Boost Healthcare Innovation

January 31, 2025Hyderabad, India & Edison, NJ – Apollo Hospitals Group (Apollo), the world’s largest integrated healthcare provider, and Hackensack Meridian Health (HMH), New Jersey’s largest and most comprehensive health network, today announced a strategic affiliation agreement to explore and implement innovative healthcare solutions.

This collaboration brings together two prominent healthcare organizations with a shared vision of addressing global healthcare challenges and opportunities. The affiliation will leverage the strengths and resources of both Apollo and HMH to develop and implement joint initiatives focused on enhancing patient care, improving affordability, and promoting community health.

“We are delighted to partner with Hackensack Meridian Health in this strategic affiliation. This collaboration aligns perfectly with our vision of advancing healthcare globally. By combining our respective strengths, we aim to create impactful solutions that address the evolving needs of patients and healthcare systems. Using technology, skills, and new-age tools, this is one more step in our endeavor to make healthcare affordable and accessible across the world,” said Dr. Sangita Reddy, Joint Managing Director, Apollo Hospitals Group.

Robert C. Garrett, FACHE, Chief Executive Officer of Hackensack Meridian Health, said, “This strategic affiliation with Apollo represents an exciting opportunity to explore innovative approaches to healthcare delivery and address critical needs within our communities. By collaborating with Apollo Hospitals Group, a global leader in healthcare, we can leverage their expertise and resources to further our mission of providing high-quality, accessible care.”

The affiliation will initially focus on several key initiatives, including:

  • Addressing Workforce Shortages: By 2030, an estimated one million nurses in the U.S. will retire. This partnership offers a unique opportunity to address these challenges through international recruitment and training programs.
  • Education, Training, and Development: Exploring opportunities for Apollo to provide education and training programs, particularly in nursing and other clinical areas, and supporting international recruitment efforts.
  • Oncology Collaboration: Apollo and HMH oncologists will collaborate in areas such as second opinions, tumor boards, genomic sequencing, CAR-T therapy, and bone marrow transplantation (BMT).
  • Clinical Support: Exploring opportunities for Apollo to support HMH in various clinical areas, including centers of excellence, specialized services, and clinical research.
  • Community Engagement: Developing initiatives to engage the South Asian community in New Jersey, which has the second-largest Indian population in the U.S. Middlesex County, in particular, has the highest concentration of Indian Americans in the nation.
  • Knowledge Processes: Evaluating opportunities to leverage mutual benefits through shared knowledge processes such as revenue cycle management, human resources, and supply chain processes.

A Partnership Committee comprised of senior executives from both organizations will oversee the implementation of the affiliation and individual initiatives.

This strategic affiliation marks a significant step forward in pursuing innovative healthcare solutions and underscores Apollo and HMH’s commitment to improving the health and well-being of the communities they serve.

CIO CHOICE 2025 Celebrates IceWarp as the Most Trusted Brand in Enterprise Email

Mumbai, India – January 31, 2025 – IceWarp has been recognized with the CIO CHOICE 2025 Honor and Recognition as the most Trusted ICT Brand by CIOs and Digital Leaders in the Enterprise Email category.

Now in its 13th year, CIO CHOICE continues to be the most prestigious and only discovery recognition platform, honoring ICT brands for their excellence in product and service innovation, customer-centric approaches, and efficient delivery, selected based on the stated preferences of CIOs and ICT Decision Makers.

This distinguished recognition was bestowed at the exclusive CIO CHOICE 2025 Red Carpet Night, produced by CORE Media, with KPMG as the Knowledge Partner.

This year’s event brought together over 400 CIOs and Digital Leaders from across the country, making it a truly remarkable gathering of industry influencers.

CIO CHOICE is known as the ‘Seal of Trust,’ given to ICT brands by the very CIOs and Digital Leaders who rely on them.

The winning brands are selected through a unique pan-India voting platform, where CIOs and Digital Leaders nominate and vote for their most trusted and preferred brands, based on their firsthand experiences and top-of-mind recall. A distinguished Advisory Panel of seasoned CIOs from various industry sectors oversees and guides the entire process, ensuring its integrity and credibility.

This year’s advisory panel consisted of 10 distinguished CIOs and Digital Technology leaders:

  • Aasish Kshetry, CIO & VP – IT, Asian Paints
  • Dheeraj Sinha, EVP and Global CIO, Sun Pharma
  • Jyothirlatha B, CTO, Godrej Capital
  • Narendra Sonawane, SVP, Global Head, IS, Infosys
  • Ramesh Narayanaswamy, CTO, Aditya Birla Capital
  • Rohit Kilam, CTO, HDFC Life
  • Rucha Nanavati, CIO, Mahindra Group
  • Subhash Kelkar, CIO, BSE
  • Vinod Sivrama Krishnan, CDIO, Essar Capital
  • Vishal Bhatia, CDO, Canara Bank

Anoop Mathur, Founder of CORE Media said “Congratulations to IceWarp for earning the prestigious CIO CHOICE 2025 Trust Seal. This recognition is a true reflection of the brand‘s commitment to delivering exceptional experiences to enterprise customers. The trust bestowed upon IceWarp by India’s CIOs and Digital Leaders, amidst shifting consumer trends in a dynamic economy, is truly commendable. In a time where technology propels business advancement, the CIO Choice accolade solidifies IceWarp‘s position as an industry pioneer.”

Trends in Pharma and MedTech to Watch in 2025

By: Mr. Shereef Rehuman, MD, ICEXPO

The pharmaceutical (Pharma) and medical technology (MedTech) industries are evolving rapidly, driven by technological innovations, shifting regulatory landscapes, and changing patient needs. Here are some of the top trends to watch in 2025:

1. Artificial Intelligence (AI) and Machine Learning (ML) Integration

Drug Discovery & Development: AI and ML are accelerating drug discovery, identifying promising drug candidates faster and at lower costs by analyzing vast amounts of data to predict molecular behavior.

Personalized Medicine: AI tools help tailor treatments based on individual genetic profiles, improving efficacy and minimizing side effects.

Diagnostic Tools: AI-powered imaging and diagnostic systems are enhancing the accuracy and speed of disease detection, especially in fields like oncology and cardiology.

2. Sustainability and Green Practices

Eco-Friendly Packaging: Both Pharma and MedTech companies are focusing on reducing their environmental impact by transitioning to biodegradable, recyclable, and eco-friendly packaging for drugs and medical devices.

Sustainable Manufacturing: With growing attention on reducing carbon footprints, the focus is shifting toward green chemistry and sustainable manufacturing processes in drug and device production.

3.Regenerative Medicine & Cell Therapies

Stem Cell Research: Advances in stem cell therapies are opening new possibilities in the treatment of chronic diseases, injuries, and age-related conditions.

Gene Editing: Technologies like CRISPR are becoming more refined, offering potential for curing genetic disorders and personalizing treatments.

Tissue Engineering: The development of bioprinted tissues and organs, along with other regenerative techniques, may reduce organ shortages and provide alternatives to traditional organ transplants.

4. AI-Driven Healthcare Robotics

Surgical Robots: Robots are becoming more precise and minimally invasive in surgeries, leading to faster recovery times and fewer complications. Robotic surgeries and automated assistance tools are expected to see widespread adoption.

Robotic Caregiving: Robots designed to assist elderly or disabled individuals with daily tasks are gaining traction, improving quality of life and reducing caregiver burden.

5. Telemedicine & Remote Patient Monitoring

Post-Pandemic Growth: Telehealth remains a key trend, with many healthcare systems adopting it as a permanent feature. Remote consultations, monitoring, and follow-up care are streamlining healthcare delivery.

Wearables & IoT Devices: Wearables that track vital signs, glucose levels, heart rate, and other metrics will continue to grow, offering real-time data that can be used for early intervention.

Virtual Clinical Trials: The use of telemedicine and remote monitoring in clinical trials enables a wider pool of participants, reduces costs, and allows for quicker recruitment and data collection.

6. Advanced Diagnostics & Point-of-Care Testing

Non-Invasive Tests: Advancements in diagnostic tools, including liquid biopsies and home diagnostic kits, allow for non-invasive testing to detect diseases earlier, such as cancers, heart conditions, and infections.

Point-of-Care (POC) Devices: Devices that provide real-time diagnostic results at the point of care, such as in clinics, pharmacies, or even at home, are expected to become more advanced and accessible.

7. Digitization and Data Analytics in Pharma

Big Data in Pharma: Data analytics is becoming essential in understanding patient outcomes, streamlining drug development, optimizing manufacturing processes, and enhancing supply chain management.

Real-World Evidence: Real-world data is being used to better understand drug efficacy and patient outcomes beyond controlled clinical trials, leading to more informed regulatory decisions and treatment plans.

8. Mental Health and Digital Therapeutics

Mental Health Focus: There is growing recognition of mental health conditions, particularly in the context of the post-pandemic world. Digital therapeutic solutions, such as apps and online platforms for managing conditions like anxiety, depression, and PTSD, are gaining prominence.

Psychiatric Digital Health: Digital tools for therapy and medication management, along with advancements in neurostimulation devices and wearables, will shape mental health care in 2025 and beyond.