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Category: Specials

  • CASA BACARDÍ brings its immersive Caribbean festival to Bengaluru

    CASA BACARDÍ brings its immersive Caribbean festival to Bengaluru

    Mumbai: Continuing to bring its Caribbean roots to India, BACARDÍ is bringing CASA BACARDÍ House of Moods to Bengaluru at Pebble – ‘The jungle lounge’ on  9 March Saturday. The experience offers an immersive blend of music, dance, art, fashion, food, and mixology, promising to be the highlight of your weekend. With House of Moods, BACARDÍ creates a dynamic platform for self-expression, bringing a perpetual tropical mood to Bengaluru’s vibrant youth.

    Here’s a full list of what you can expect to go down on this Saturday:

    Get into the groove to 6 hours of nonstop Caribbean beats: Bring your dancing kicks this Saturday, as the House of Moods brings in an eclectic mix of performers to turn up the jams. The stellar lineup stars a mix of local talent and upcoming performers, including Kampai, Raka Ashok, Mary Ann, Vidur, Master Shifu, APCN (A Party Called Nanda), and DoubleT x Benkii – ensuring the peak musical mood for the night.

    From naturally dyed clothing to upcycled apparel ware, glam up your style game at the on-ground fashion pop-ups: Embrace the best in new age fashion with the curated styles of next-gen fashion brands Grandma Would Approve & The Santra Project. Featuring upcycled and ethically made couture choices, find your way here to add to your glam quotient consciously.

    Express yourself through art at the Screen Printing Workshop: Bring alive your creativity with a t-shirt as your canvas at the Screen Printing Workshop, where you can have fun with a variety of designs and flaunt them as your creations!

    Discover the fun of making Bacardi cocktails, at the Mixology Workshop:  Get your party mood on & learn how to make your favorite cocktails from BACARDÍ Trade Ambassador, Ishrat Kaur.

    Turn up the heat on the dance floor at the Dancehall workshop with Yahvi Chavan:
    Add some island-style spice to your dance game, at the Dancehall workshop. From the casual hip sway to high-energy spins, learn from Yahvi Chavan to pick up some new moves that’ll have you owning the dance floor through the night!

    Indulge in a delicious mix of scrumptious snacks and drinks: Enjoy the most delicious  & indulgent food and drink pop-ups at the House of Moods. Don’t forget to explore the delectable Bacardi cocktails at the pop-up bars  – there’s plenty to keep your tastebuds entertained.

    From music and dance to food, cocktails and fashion, the CASA BACARDÍ House of Moods is the place to be for your weekend in Bengaluru!

  • Streaming is seeing phenomenal growth in India: Prime Video India’s Sushant Sreeram

    Streaming is seeing phenomenal growth in India: Prime Video India’s Sushant Sreeram

    Mumbai: In a highly engaging panel curated on the opening day of FICCI FRAMES 2024 titled ‘Reinvent: Navigating the Future of the Media and Entertainment Industry’, Prime Video India country director Sushant Sreeram delved into the dynamic landscape of the streaming industry in India, exploring growth trends while highlighting Prime Video’s business and content commissioning strategy.

    Moderated by Ernst and Young partner Ashish Pherwani the panel began with a keynote from Ministry of Information and Broadcasting secretary Sanjay Jaju.  In addition to Sushant Sreeram, the panel saw the participation of industry leaders from multiple M&E sectors, including Prasar Bharti CEO Gaurav Dwivedi, FICCI Media and Entertainment Committee chair and Viacom18 CEO – broadcast entertainment Kevin Vaz; FICCI Media and Entertainment Committee co-chair and Meta India VP and head Sandhya Devanathan; FICCI Media and Entertainment Committee co-chair and Warner Bros Discovery general manager – India & South Asia Arjun Nohwar, and Signpost India chairman & managing director Shripad Ashtekar.

    Responding to a question on key trends across SVOD, TVOD and AVOD business models, Sushant said, “Streaming is seeing phenomenal growth in India. It has, in fact, become a dominant use-case for internet in the country, and a large part of that growth is coming from outside the metros.  We have about as many people streaming content in India, as those watching linear TV. This is a very significant inflection point for the video streaming industry in India.”

    He went on to share, “Another key point to note is that there is no one single customer for streaming, our customers sit across the spectrum of accessibility, affordability, and the languages in which they prefer to consume entertainment. Therefore, our strategy for building solutions for India has always been to focus on “AND” solutions, rather than making choices between “this” or “that”. That is exactly why Prime Video’s entertainment hub – where all the different VODs come into play, continues to do incredibly well. In fact, India is one of the frontrunners on new customer adoption for Prime Video globally. Also, our Channels proposition, where consumers get access to content from popular streaming services with add-on subscriptions, has grown well, with more than 20 partners on the service. Further, our Movie Rentals service where consumers – both Prime members and those who aren’t yet Prime Members, can rent movies ala carte, is seeing great consumer uptake across the country. Mini TV, Amazon’s free ad-supported service, also posted steady great growth in 2023. When we think about how to serve India, we prioritize what is important for customers – great value, great selection, and convenience. It is true for what we do at Amazon overall and the same holds true for Prime Video as well.”

    Responding to a question on the cost of content, Sushant spoke about the fact Amazon and Prime Video is invested for the long-term in India. Elaborating on the same, he said, “It is important to place this in context – our investment thesis is built on developing this category over a fairly long period of time. That’s the time horizon that we operate with for all our investments at Amazon, and the same holds true for Prime Video. The second is that we want to create a category of great cinematic storytelling and we know that consumers value that. We realized that creating an ecosystem across the board, not just the service, but creators and the technical ecosystem is an investment that is well made.”

    He went on to add, “The other thing about our investment thesis is that we look at it through the lens of how we bring in customers to enjoy this multi-benefit proposition for Prime, which is a unique proposition for customers and Prime Video is a part of that. That changes how customers evaluate what is value for money, and that gives us the impetus to continue to make investments. And finally, we want to make all the great stories that we can, but we realize that we can’t make all of them. We’re therefore always excited about the collaborations that we can forge, with creators, Channel partners and studios to build out a true video entertainment marketplace. The fact that Prime Video has close to 100 projects right now in various stages of production and development is a clear indication that there is appetite for great stories in the country!”

    To wrap up the highly engaging session, each participant was asked their Mantra for 2024, to which Sushant replied, “For us, it’s still Day one!” Day one is both a culture and an operating model that puts the customer at the center of everything Amazon does. Day one is about being constantly curious, nimble, and experimental.

  • FICCI FRAMES 2024: From playgrounds to pixels: Evolution and emerging trends in kids entertainment

    FICCI FRAMES 2024: From playgrounds to pixels: Evolution and emerging trends in kids entertainment

    Mumbai: The discussion traced the trajectory of this evolution, examining the impact of technology on content consumption, educational aspects, and the evolving preferences of young audiences. Emphasising the fusion of entertainment and education, the panel delved into the latest trends, such as interactive media, augmented reality, and immersive storytelling, offering valuable insights for creators, educators, and parents alike. The panel aimed to unravel the past, present, and future of kids’ entertainment, navigating the fascinating intersection of play and pixels.

    The moderator of the panel was Powerkids Entertainment CEO Manoj Mishra.

    “The essence of our content has remained consistent since the beginning. While storytelling and content creation have seen minimal alterations, there was a notable shift when I entered the industry. Initially, we relied heavily on foreign content, merely dubbing it for local audiences. However, over time, we began crafting our narratives that resonated more deeply with our audience, particularly children. The fundamental stories haven’t changed; it’s the platforms that evolve continually, and our adaptability has allowed us to broaden our horizons.” : Viacom18 kids TV network business head Anu Sikka.

    “In the future, animation will undeniably continue to hold a prominent position, Drawing insights from diverse channels, including online platforms like Netflix, and learning from the successes of digital endeavors, whether on Netflix or other platforms, we’ve adeptly tailored these achievements to suit the Indian landscape.”: Warner Bros Discovery head, kids network Uttam Pal Singh.

  • FICCI FRAMES 2024: Lights, camera, action: Golden era of storytelling

    FICCI FRAMES 2024: Lights, camera, action: Golden era of storytelling

    Mumbai: This session brought together seasoned storytellers and content creators to unravel the transformative impact of disruptive technologies on narrative formats. Delving into the shift from traditional blockbusters to the era of binge-watching, the panel explores how storytelling has evolved. Participants witnessed a dynamic discussion on changing audience dynamics, emerging platforms, and the innovative strategies employed by storytellers to captivate and engage audiences in an era marked by a constant evolution in entertainment consumption.

    The fireside chat was moderated by Indian critic and journalist Naman Ramachandran.

    “We are here to serve our audience with the most diverse & high-quality content. We find ourselves at an intriguing juncture in our streaming journey. Despite being a nascent industry, it is evolving rapidly, with people adopting it at an exceptionally fast rate.”: Netflix India VP – content Monika Shergill.

    Answering the question about the secret sauce in the theatrical business, Yash Raj Films CEO Akshaye Widhani said, “As an organisation, we don’t punish failure. That is the secret sauce at YRF.”

    Answering the second part of the question on what YRF looks for when commissioning a film or a series, Widhani said, “It is a creative business. Either you go right or wrong, but it’s about the story. The north star for us is the story. We’ve been telling stories for the last five decades and we hope we’ll keep telling stories much after that. When it comes to what we decide on how we decide to greenlight, it’s pretty much based on what that story is and how it appeals to us.”

  • FICCI FRAMES 2024: #Reinvent: Navigating the future of media and entertainment industry

    FICCI FRAMES 2024: #Reinvent: Navigating the future of media and entertainment industry

    Mumbai: The Indian media and entertainment industry is witnessing significant changes, with shifting consumer preferences for high-quality content, new broadcasting technologies, pressures on advertising spend, and the advent of AI. The #Reinvent session at FICCI Frames 2024 examined the dynamics driving this transformation and explored a range of enabling policies designed to support an industry navigating through a period of significant upheaval.

    The keynote of this session was given by Ministry of I&B secretary Sanjay Jaju, who said, “As we move forward, the Government of India’s focus is on creating a conducive environment for the Media and Entertainment industry to thrive.”

    The session was moderated by Ernst and Young partner Ashish Pherwani.

    “In the last one year, the skilling ecosystem of Maharashtra has supported 48,000 youths from Maharashtra to be trained only in media and entertainment. This was something of a record under M&E skill council. A big thank you to Mangal Prabhat ji and his government for their proactive efforts to train rural and urban youths,” FICCI India AVGC-XR Forum chair Ashish Kulkarni.

    “Globally, the media and entertainment industry is witnessing remarkable shifts with digital innovation reshaping consumption patterns and content creation dynamics,” FICCI Media and Entertainment Committee chair and Viacom18 CEO – broadcast entertainment Kevin Vaz.

    “India is a significant priority market for Meta globally. We have invested considerable time in developing products tailored to the diverse needs of the hundreds of millions of people using our platforms. We are dedicated to serving both users and businesses by continually enhancing our offerings,” FICCI Media and Entertainment committee co-chair and Meta India VP and head Sandhya Devanathan.

    “There is no one single customer. Customers sit across a spectrum of accessibility, affordability, of languages in which they want to watch their entertainment and what their entertainment needs are. For us, building solutions for India has always been about what we need to build as an end solution and not making piecemeal choices,” Amazon Prime Video country head Sushant Sreeram.

    “Free dish has been growing continuously and consistently. In 2003, when it started, the industry was at a very nascent stage and it set the context for the rest of the industry to grow and develop,” Prasar Bharati chief executive officer Gaurav Dwivedi.

    “We usually focus on the who, what and where. Who is consuming us, what kind of content they are consuming and where do they prefer to consume. I think the new dynamic that is now emerging is for us to focus on when and traditionally linear TV networks didn’t focus on that. By when, I mean consumption patterns that are arising from the situation that you are in – like in an elevator, waiting for a bus or picking your child from school. And in that 30-second to five-minute moment, do you have content form that they find engaging,” FICCI media and entertainment committee co-chair and Warner Bros Discovery Sr VP and general manager  – India & South Asia Arjun Nohwar.

    “Out-of-home advertising is playing a great role in sustenance of smart cities because when we see any social spaces – roadside shelters, libraries or any basic first mile or last mile connectivity solutions, it is the responsibility and obligation of out-of-home player where they invest in basic infrastructure. It is beyond billboards and includes investing in smarter solutions like charging points too,” Signpost India chairman & MD Shripad Ashtekar.

  • AVGC policy to facilitate investments, foster innovation and contribute to building world-class infrastructure: Sanjay Jaju, Secretary, MIB

    AVGC policy to facilitate investments, foster innovation and contribute to building world-class infrastructure: Sanjay Jaju, Secretary, MIB

    MUMBAI: Sanjay Jaju, secretary, ministry of information and broadcasting, Govt of India today said that the media and entertainment industry play a pivotal role in shaping our society, influencing our perspectives, and has a multiplier effect on our economy. “The sector is renowned for its creativity, innovation, and cultural richness. It serves as a beacon not only for our nation but also for the world,” he added.

    Addressing the ‘FICCI FRAMES 2024’,   Jaju stated that the government recognizes the pivotal role that the Indian media and entertainment sector plays in shaping our society, influencing our perspectives, and reflecting our collective efforts. “India is going through a digital transformation phase and the sector is also witnessing rapid shifts with the availability of content which is online,” he stated. We are also witnessing a rapid increase in foreign investments especially in the OTT segment which paves the way for looking at this segment as a chief contributor to India’s soft power, noted   Jaju.

    Speaking on the various government initiatives along with the AVGC policy, Jaju further emphasised that the policy is now in an advanced stage. “I can assure you that this policy is not only going to facilitate investments within our country and the states but will also foster innovation. It will ensure skill development and help protect intellectual property and will also contribute to building world-class infrastructure. We also envisage setting up of National Center of Excellence for animation, VFX, and extended reality sector along with setting up incubation centres,” he added.

    Jaju further highlighted that the government is giving a thrust for foreign filmmakers to make films in India. “The Indian media and entertainment sector not only has huge growth potential but also brings in a lot of employment. Our focus will be on creating a conducive environment for the industry to thrive. All stakeholders need to collaborate and innovate to capitalize on the huge opportunities,” he noted.

    Govt of Maharashtra minister of skill development and entrepreneurship Mangal Prabhat Lodha said that the realisation of ‘Viksit Bharat’ depends on the collective contribution of everyone, and skilling is integral to the future of our country.

    An Indian actress Rani Mukerji said that FICCI FRAMES 2024 has set the agenda for an ever-changing media and entertainment industry. “The pandemic forced us to adapt, innovate, and reimagine the ways in which we connect with audiences. As consumer preferences evolve, there is a growing demand for unique and innovative content delivery,” she added.

    FICCI and vice chairman, RPG group vice president Anant Goenka said that FICCI FRAMES 2024 has been a cornerstone over the years, significantly influencing the trajectory of India’s media and entertainment industry. The Indian media and entertainment sector has witnessed remarkable growth over the past decade, and the digital revolution has reshaped our industry.

    FICCI Media and Entertainment Committee and CEO of broadcast and entertainment, Viacom 18, chair Kevin Vaz, said that the road ahead for the industry is brimming with possibilities and challenges alike. The integration of artificial intelligence promises to reshape the landscape of content creation, distribution, and consumption, particularly generative AI, which is now an inexorable part of M&E supply chains, he added.

    AVGC-XR committee chair Ashish Kulkarni, FICCI delivered the vote of thanks.

  • The Indian M&E sector anticipated to achieve Rs 3.1 trillion by 2026: FICCI-EY report

    The Indian M&E sector anticipated to achieve Rs 3.1 trillion by 2026: FICCI-EY report

    Mumbai: The latest FICCI-EY report titled ‘#Reinvent: India’s media & entertainment sector is innovating for the future’, launched at the FICCI FRAMES 2024 in Mumbai, revealed that the Indian M&E sector grew by eight per cent in 2023, reaching Rs 2.3 trillion (US$27.9 billion), 21 per cent above its pre-pandemic levels in 2019.

    New media, comprising digital and online gaming, emerged as the frontrunner in growth, contributing Rs 122 billion of the overall increase of Rs 173 billion, and consequently, increased its contribution to the M&E sector from 20 per cent in 2019 to 38 per cent in 2023.

    Experiential (outside the home and interactive) segments continued their strong growth in 2023, and consequently, online gaming, filmed entertainment, live events, and OOH media segments grew at a combined 18 per cent, contributing 48 per cent of the total growth. With the exception of television, which experienced a marginal decline of 2 per cent, all other segments experienced positive growth in 2023.

    FICCI Media and Entertainment committee chairman and Viacom 18 chief executive officer – broadcast entertainment Kevin Vaz said, “India is a unique market where the M&E sector distinguishes itself through a harmonious fusion of tradition and innovation. Here, technology-enhanced entertainment channels, OTT platforms, AI-powered newsreaders, traditional print media, flagship films, and short-form content not only coexist but thrive together, showcasing the vibrant diversity and dynamic growth of our industry. The Government of India’s thrust on improving digital infrastructure in the country combined with our ambition to be at the forefront of the next big technological thrust in media and entertainment, our sector is primed for a massive transformation.”

    EY India partner and media & entertainment leader Ashish Pherwani said, “I believe the M&E sector is at the “inflection point” we foresaw in 2018, with the dominance of digital channels over traditional media. In 2023, new media comprised 52 per cent of total advertising revenues, yet, unlike in many other countries, Indian traditional media also grew. This underscores the unique Indian market where while we are witnessing a seismic shift towards digital consumption, there is still adequate headroom for traditional media to grow.”

    Key highlights:

    Indian advertising reached Rs1.1 trillion:

    Digital advertising grew 15 per cent in 2023 and surpassed traditional advertising for the first time. Social, sports, e-commerce and SME advertisers will continue to drive growth in the sector moving forward.

    A billion screens by 2030:

    India is expected to have almost a billion active screens by 2030. Of these, around 240 million will be large (TV, laptop, PC), while the remaining will be small (mobile phones, phablets). pay TV, free TV, and connected TV are expected to emerge as significant markets, each comprising between 60 to 80 million homes. The 3:1 ratio in favour of mobile phones will sustain the demand for short videos and social commerce.

    Online gaming is expected to reach Rs 388 billion by 2026:

    The segment will see growth across all its verticals, including esports, fantasy sports, casual gaming, and other games of skill to reach an estimated 150 million daily users. Revenue growth will be led by mobile-based real-money gaming and casual gaming.

    Segmental performance in 2023

      . Television: Linear viewership increased by two per cent over 2022, the number of smart TVs connected to the internet each week rose to 19 to 20 million, up from around 10 million in 2022. Television advertising declined by 6.5 per cent due to a slowdown in spending by gaming and D2C brands, impacting revenues for premium properties. The Hindi-speaking market (HSM) experienced softness, resulting in a three per cent overall ad volume de-growth. However, subscription revenue saw growth after three years of decline, driven by price increases, despite a decrease of two million pay TV homes.

     .  Digital advertising: Digital advertising grew 15 per cent to reach Rs 576 billion, constituting 51 per cent of total advertising revenues. This figure includes advertising by SME and long-tail advertisers totalling over Rs 200 billion, and advertising earned by e-commerce platforms amounting to Rs 86 billion.

     .  Digital subscription: Digital subscription grew 9 per cent to reach Rs 78 billion accounting for a third of 2022’s 27 per cent growth, as premium cricket properties were moved in front of paywalls. Paid video subscriptions decreased by two million in 2023 to 97 million, across 43 million households in India. However, paid music subscriptions grew from five million to eight million, generating Rs 3 billion, while online news subscriptions generated Rs 2 billion.

     .  Print: Contrary to the global trend, print media continued to thrive in India, with advertising revenues growing by four per cent in 2023. Notably, there was significant growth in premium ad formats, as print remained a preferred medium for affluent metro and non-metro audiences. Subscription revenues also grew by three per cent due to rising cover prices.

     .  Online gaming: The segment’s growth slowed to 22 per cent in 2023, reaching Rs 220 billion. It surpassed filmed entertainment to become the fourth largest segment. India saw over 450 million online gamers, with approximately 100 million playing daily. Over 90 million gamers paid to play, with real money gaming comprising 83 per cent of segment revenues. Larger players absorbed the impact of a higher GST levy, hurting their margins but safeguarding growth.

     .  Film: The segment grew 14 per cent to reach Rs 197 billion in 2023. Over 1,796 films were released in 2023, and theatrical revenues reached an all-time high of Rs 120 billion. The number of screens grew four per cent. 339 Indian films were released overseas.

     .  Animation and VFX: The Hollywood writers’ strike impacted global supply chains, and consequently, the segment grew just six per cent in 2023. Potential mergers and falling ad revenues also reduced the slate of animated content produced for broadcast in India. A revival in demand in the second half of the year led to growth, boosted by the trend of using more VFX in Indian content.

     .  Live events: The organized segment grew 20 per cent exceeding pre-pandemic levels. Growth was driven by government events, personal events, weddings, and ticketed events, including several international formats and acts that came to India.

     .  OOH: OOH media grew by 13 per cent in 2023, surpassing its 2019 levels. Growth was led by premium properties and locations. Active digital OOH screens crossed 1,00,000 contributing nine per cent of total segment revenues.

      . Music: The Indian music segment grew by 10 per cent to reach Rs 24 billion in 2023, slower than previous years as certain music OTT platforms went pay and stopped or reduced their free services. 87 per cent of revenues were earned through digital means, though most of it was advertising led on YouTube, there being around only eight million paying subscribers despite music streaming’s reach of 185 million.

     .  Radio: Radio segment revenues grew by 10 per cent in 2023 reaching Rs 23 billion. This growth was driven by increased retail and local advertising, as well as alternate revenue streams. Ad volumes increased by 19 per cent in 2023 as compared to the previous year, although ad rates remained below their 2019 levels.

  • Shiprocket launches Aarambh 2024 to empower women-led SMEs

    Shiprocket launches Aarambh 2024 to empower women-led SMEs

    Mumbai: Shiprocket, an e-commerce enablement platform, announced the fifth edition of ‘Aarambh,’ its flagship initiative dedicated to empowering women entrepreneurs. Aligned with Shiprocket’s vision to redefine India’s e-commerce landscape, Aarambh 2024 seeks to empower aspiring women entrepreneurs by providing a platform to pitch their innovative business ideas to a distinguished panel of investors and venture capitalists.

    Commencing on 26 February 2024, Aarambh 2024 extends a warm invitation to women entrepreneurs nationwide, encouraging them to register and nominate themselves for an opportunity to present their ideas before the esteemed jury. In India, women constitute just 14 per cent of entrepreneurs, overseeing 20 per cent of MSMEs among 58.5 million enterprises. In line with this year’s theme of “Invest in women: Accelerate progress”, Shiprocket’s primary focus is to create a platform for women-led SMEs in India to showcase their entrepreneurial brilliance, catalyzing the growth of dynamic enterprises.

    Beyond the competitive aspect, Aarambh 2024 offers participants a unique chance to network with experienced professionals, investors, and potential business partners. In addition to coveted cash prizes, participants also have the opportunity to receive Shiprocket shipping credits, providing valuable support on their journey to business success.

    Shiprocket MD & CEO Saahil Goel expressed his enthusiasm, stating, “The Aarambh initiative has been a resounding success over the years, and it is heartening to witness the impactful contributions of women entrepreneurs to the growth of India’s commerce. Our nation’s women have extraordinary potential, and we are excited to see what new and disruptive ideas will be presented during Aarambh 2024.”

    Entries for the Aarambh 2024 edition are now open, and Indian shepreneurs can apply for the shortlisting process on the Shiprocket website the link is down below. Shortlisted pitches will have the opportunity to present their business ideas to the jury panel in a virtual event. The best business idea will have the opportunity to earn up to 2 lakh Shiprocket credits from a total pool of 4 lakh Shiprocket credits for winners along with additional benefits from Shiprocket and other sister concern companies. With Aarambh 2024, participants will also get an opportunity to network with industry leaders, access capital for building their businesses (opportunity to get flexible capital up to INR 5 Crores through Shiprocket Capital), and garner visibility for their brands through the Shiprocket platform. The jury for this year consists of three seasoned business leaders- Trisha Vaidya, Angel Investor & Ex-COO Dr Vaidya, Malika Sadani,  founder and CEO, of The Moms Co. and Divyanshi Chowdhary, Investment Professional, DeVC India.

    Last year’s winners were: Rashi Bahel Mehra, founder & CEO, Alanna, Oshi Kumari, COO, Inside FPV (1st Runner up),  and Nisha Ramasamy, Co-Founder, Ariro Toys (2nd Runner up)

    https://www.shiprocket.in/aarambh/ 

  • Spotlight Game-Changing Companies in the Video, Broadband & Distribution Industry in VBS2024

    Spotlight Game-Changing Companies in the Video, Broadband & Distribution Industry in VBS2024

    Mumbai: The Indiantelevision.com group celebrated its 25 Anniversary in 2024, the Indiantelevision.com group proudly presents the 20th edition of the Video & Broadband Summit 2024.  

    As the OTT industry gains prominence in mainstream entertainment, broadcasters must adapt to meet evolving consumer expectations. Against all odds, a growing breed of game-changers is shaping India’s fast-progressing video landscape.

    Indiantelevision.com Group is set to appreciate, honour, and felicitate The “Game Changing Companies” in the Video, Broadband & Distribution industry during this momentous occasion.

    The  Video & Broadband Summit Felicitation winner list 

    NAME
    ACT FIBERNET
    Airtel Digital TV
    Amagi Media Labs
    Asianet Digital Network
    Dish TV
    Disney Star (Distribution)
    Fastway Transmissions
    GTPL Hathway Ltd.
    Harmonic
    Hathway Cable & Datacom Limited
    India Cast Media
    JIO Fiber Broadband
    Kerala Communications Cable Ltd
    Nagravision
    NXT Digital
    Planetcast
    Shemaroo Entertainment
    SITI Networks Limited
    Sony Pictures Networks India
    Synamedia
    Tata Play
    The Maharashtra Cable Operators Federation (MCOF)
    UCN Cable Network PVT. LTD.
    VK Digital Network
    Warner Bros. Discovery
    Zee Entertainment Enterprises Limited
  • Hyundai Motor India showcases ‘Mobility for All’ at Bharat Mobility Global Expo 2024

    Hyundai Motor India showcases ‘Mobility for All’ at Bharat Mobility Global Expo 2024

    Mumbai: Hyundai Motor India Ltd. showcased its technologically advanced products at the first ever Bharat Mobility Global Expo 2024. Based on the theme “Mobility for All”, the Hyundai Motor India Pavilion at Hall 6, Pragati Maidan presented the company’s vision for India and highlighted its commitment to India.

    Commenting on Hyundai Motor India’s participation at Bharat Global Mobility Expo 2024, Hyundai Motor India, AVP & vertical head, corporate affairs, Puneet Anand, said,” We would like to congratulate Government of India and ministry of commerce & industries for envisioning this unique Bharat Global Mobility Expo 2024. It gave us an opportunity to showcase our products & technologies to the audience. As Hyundai Motor India, we take pride in our journey of localisation, epitomising the ‘ Made in India, for the World ‘ spirit. Our commitment goes beyond cars; it’s a commitment to India’s engineering prowess and growth. Achieving 100 per cent localization in vital components reflects our dedication to the ‘Make in India’ initiative. Our state-of-the-art facilities across the nation, coupled with ongoing investments, underscore our vision for excellence. Hyundai’s journey in India is more than just automobiles; it’s a narrative of progress, community development, and a relentless pursuit of innovation, reflecting our enduring commitment to India’s future.”

    Key Highlights at Hyundai Motor India Pavilion:

    Localisation Zone

    Localisation has been pivotal in Hyundai Motor India’s journey since its inception. As the foremost exporter of “Made in India” cars globally, Hyundai’s specialised localisation zone exemplifies the extensive utilisation of parts from Indian manufacturers, showcasing the nation’s engineering prowess. In its ongoing commitment to enhancing localisation, Hyundai has achieved 100 per cent localisation in key components such as tires, panoramic sunroof, alloy wheel, and more. The company is also working towards enhancing localisation ratio for manufacturing vehicles in India, including key car components, ECM based inside rear view monitor (IRVM), higher grade AGM technology battery, and a wide range of other components. Reinforcing its commitment towards localisation, a dedicated team has been established to intensify its efforts, particularly for high-volume models, aligning with the government’s “Make in India” initiative. The zone not only highlights Hyundai’s advanced manufacturing facility in Sriperumbudur but also showcases the R&D facility in Hyderabad, corporate office in Gurugram, and the recently acquired Maharashtra facility, firmly establishing Hyundai’s presence on the Indian map. The comprehensive zone is complemented by a film illustrating Hyundai’s manufacturing excellence, emphasizing the company’s dedication to delivering the highest quality vehicles globally.

    Commitment to India

    Since its inception in 1996, Hyundai Motor India has consistently demonstrated a commitment to India, becoming the first OEM to export “Made in India” vehicles worldwide and holding the position of the largest passenger vehicle exporter from India. Hyundai has been a pioneer in the Indian automobile industry, introducing global technologies and features, and standardising 6 airbags and 3-point seatbelts across its entire range.

    Aligned with Hyundai’s global CSR guideline of ‘Continue,’ the Hyundai Motor India Foundation, initiated in 2006, has undertaken various social initiatives, including Art for Hope, telemedicine clinics, sports labs, dhyan-Do, drive for progress, BeTheBetterGuy, and more, focusing on community development, healthcare, education, vocational training, and promoting safe mobility practices.

    In 2023, Hyundai Motor India signed a MoU with the government of Tamil Nadu, committing Rs 20,000 Crore over next 10 years for capacity expansion, new products, establishing a battery pack assembly facility, and improving charging infrastructure. In 2024, an additional commitment of Rs 6,180 Crore was declared by the company including Rs 180 crore towards ‘Hydrogen Valley Innovation Hub’ in collaboration with IIT Madras. Additionally, the company has signed a MoU with the state of Maharashtra for a long-term investment of Rs 6,000 crore for infrastructure upgradation and capacity expansion for its 1 million capacity goal. These endeavours underscore Hyundai Motor India’s enduring commitment to India, paving the way for its sustained success in the country.