Schneider Electric, a company in the digital transformation of energy management and automation space, today announced the signing of a Memorandum of Understanding (MoU) with Nettur Technical Training Foundation (NTTF), a renowned Skilling Institution in India, to maximize the impact of training and skilling initiative among the youth of the country. The MoU was signed with an aim to leverage Schneider Electric’s intention to create highly qualified manpower and NTTFs experience in training youth of the country for industry focus and employment orientation. NTTF will be an authorized training partner to run training operations, labs and Centre of Excellence (CoE) established by Schneider Electric in the Government and Private based Skilling Institutions in India.This association between Schneider Electric and NTTF will assume certain responsibilities and obligations involved in enabling the training delivery. Schneider Electric intends to establish a complete value chain, which will produce skilled technicians for job market, while NTTF will engage and work closely with Schneider Electric as the “Authorized Training Partner”. The MoU will help establish a complete value chain, which will produce skilled technicians for the job market, with intention of training the youth with an industry focus on employment and entrepreneurship throughout India.
Oriental Yeast India (OYI), a subsidiary of OYC Japan, a global leader in yeast manufacturing in Japan, expanded its footprint by investing ₹900 crores in building a global scale yeast plant in Khandala MIDC, Satara. This state-of-the-art manufacturing facility has installed capacity of 33,000 Metric Tons of fresh yeast in Phase I of its operations. The manufacturing facility will generate employment growth for the region, the plant will directly employ 200 people and further provide 800 indirect employment through local suppliers across the value chain. Oriental Yeast India is a significant player in providing yeast products to bakeries, distilleries and other food segments in India and international markets.
FTH Daily, an initiative of FreshToHome, recorded 100 percent growth in Pune in 2022. Strengthening its position as the one-stop solution for all daily nutrition essentials and household needs, FTH Daily witnessed massive growth in the past 12 months in the rapidly growing city. The subscription-based e-grocery app enabled deliveries of over 3.8 lakh orders each month in the last two quarters, and said there was continuous growing demand for farm fresh fruits and vegetables sourced from community farmers at mass market prices, and premium quality daily staples. Shan Kadavil, Co-Founder, FreshtoHome, said, “We have witnessed phenomenal growth in 2022 in Pune and we look forward to a promising 2023. We were enabling nearly 1.5L deliveries per month in the beginning of this year, and now we are enabling more than 3.8L deliveries, registering more than 100% growth in Pune. This is an indicator that customers making sustainable lifestyle choices have welcomed the brand. Our core vision remains to make nutrition affordable and accessible to all, and our dedicated efforts in Pune are bearing rich dividends.
”Saarloha Advanced Materials Private Limited (Saarloha), a Kalyani group company, today launched first of its kind in India, green steel under the brand “KALYANI FeRRESTA” in the presence of Shri. Jyotiraditya Scindia, Hon’ble Minister of Steel & Civil Aviation. This makes Saarloha the first supplier of Made in India green steel. This major milestone will enable Saarloha to contribute towards the government of India’s commitments to reduce the carbon emissions by 45% by 2030, over 2005 levels and to become Net Zero emissions country by 2070.KALYANI FeRRESTA steel products are manufactured in an Electric Arc Furnace using electricity from 100% of renewable energy sources and more than 70% recycled scrap material with zero GHG footprint. KALYANI FeRRESTA PLUS has Net Zero GHG emissions per ton of Crude steel whereas KALYANI FeRRESTA has very low GHG emission of <0.19 tCO2e per MT of Crude Steel. Customers purchasing KALYANI FeRRESTA & KALYANI FeRRESTA PLUS steel products will get Green Steel certificates jointly issued by DNV Business Assurance India Private Limited & Saarloha which they can use to claim their Scope 3 emissions reduction.
