Category: Business

Macau [China], December 29: Wethonic Financial Services has been honoured with the prestigious ‘Commodity King’ Award at the Angel One Global Summit held in Macau. The award was presented by Ambarish Kenghe, Group CEO, and Nishant Jain, Chief Business Officer, in the esteemed presence of CMD Mr Dinesh Thakkar, marking a proud milestone for the company.

While presenting the award, Nishant Jain remarked,

“Wethonic’s consistent performance, disciplined approach, and client-centric execution have set a benchmark across all segments — Equity, Commodity, Mutual Funds, and Insurance. Their growth journey reflects deep commitment and operational excellence.”

Receiving the award, Piyush Shangari, Founder & CEO of Wethonic Financial Services, said,

“This recognition motivates us to push boundaries even further. We dedicate this achievement to our trusted clients and our hardworking team, whose continuous efforts make every milestone possible. We are committed to creating value and delivering responsible financial distribution across India.”

With over 33,000 clients and a strong presence in equity, commodities, mutual funds, insurance, and financial distributions, Wethonic Financial Services has emerged as one of the fastest-growing financial distribution companies in the region. The company is known for its transparent advisory, client-first approach, and consistent focus on technology-driven strategies.

This award not only celebrates Wethonic’s exceptional performance but also reinforces its vision to empower investors through education, disciplined investing, and long-term wealth creation.

PNN Lifestyle

Innovation and IP Leadership Summit 2025

Pune (Maharashtra) [India], December 29: The highly anticipated Innovation and IP Leadership Summit 2025 was successfully held at the Radisson Blu, Pune on December 12, 2025. The summit brought together thought leaders, industry & IP experts, innovators and experts from Academics from across India to discuss the latest trends and developments in innovation management and intellectual property (IP) strategies.

The event, organised by Brainiac IP Solutions, featured engaging discussions, insightful presentations, and panel discussions on critical topics such as IP strategy for startups and MSMEs, patent portfolios, the evolving landscape of IP protection and enforcement in the rapidly changing global market, and how universities and industries blend to solve Global Challenges.

Attendees had the unique opportunity to connect with R&D heads, IP strategists, and business leaders, as well as gain valuable insights into how intellectual property can drive business growth, innovation, and competitive advantage. The summit also highlighted the growing importance of collaborative innovation and the need for businesses to embrace strategic IP management in their growth strategies.

The summit was graced by Dr Arun Kumar Kashyap, IP Advisor at Arista Consulting LLC and Former Chief Research Manager (IPR) at Indian Oil Corporation Ltd as the Chief Guest.

Also, the Industry Experts from Various Industries, like, Mr. Ved Pandey, Director and Head R&D at Haier Appliances, Mr. S. Pund, Head – Intellectual Property Rights (IPR) at Endurance Technologies Ltd., Mr. Yogesh Umbarkar – Vice President – Mobility, India/APAC at Valtech Mobility GmbH, Mr. Pradeep Kumar – IPR Specialist, IPR Manager, Inventor Mahindra & Mahindra – Swaraj Division, Mr. Dipak Khule – Head of R&D, JSW Energy Ltd, Mr. Salil Inamdar, Mr. Mahesh Nikam – General Manager, Head Business Transformation, Innovation & IP, Kirloskar Oil Engines Limited, and Mr. Shripad Kulkarni – Principal Lead – Innovation Management, Forbes Marshall delivered powerful addresses on how businesses can gain long-term growth and sustainability by using the true potential of intellectual property.

The Academic experts, Dr. Sunita Jadhav – Vice Principal, Bharati Vidyapeeth Deemed University College of Engineering, Pune, Dr. Jayant Pawar – Assistant Director – Innovation, Incubation & Entrepreneurship (IIE) Krishna Vishwa Vidyapeeth, Karad, and Dr. Unmesha Patil – Director, Centre for Innovation and Entrepreneurship, Vishwakarma University were participated in the panel discussion along with industry experts to bridge the gap between the universities and industries for a future growth of India.

S&T Consultancy and Manupatra also contributed to the event as the event partners.

Suneet Sabale, Founder of Brainiac IP Solutions, expressed his gratitude, saying, “We are thrilled with the success of the Innovation and IP Leadership Summit 2025. This event has truly showcased the power of intellectual property in driving innovation and building competitive businesses. We are proud to have brought together such a diverse group of leaders and experts to exchange ideas, forge new partnerships, and explore opportunities in the evolving world of IP.”

The event was a resounding success, with participants leaving equipped with valuable knowledge and insights that will shape their IP strategies and business decisions for years to come.

About Brainiac IP Solutions

Brainiac IP Solutions is a leading intellectual property consulting firm, specialising in patent analytics, trademark and design protection, FTO (Freedom to Operate) assessments, and IP strategy development. The company works with a wide range of clients, including startups, MSMEs, and multinational corporations, helping them unlock the value of their intellectual property assets and drive business growth.

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Venkat Ashok Reddy and Associates outline the next phase of Mkwamba Minerals Mining Company’s growth, focused on expanding production capacity and establishing on-site processing and refining capabilities.

New Delhi [India], December 29: In November 2011, Venkat Ashok Reddy and Associates acquired Mkwamba Minerals Mining Company, a gold mining enterprise in Mpanda of the Katavi region in Tanzania with an artisanal mining background and promising geology.

Prior to the acquisition, artisanal miners operated on approximately 36.3 hectares using traditional methods with limited mechanisation. Mr Reddy commissioned due diligence from Dollebera Mining Consultants, London, which confirmed viable geological and economic potential. Acting on the findings, the team acquired two additional Primary Mining Licenses (PMLs) from local artisanal miners, expanding the total operational area to 66.9 hectares.

Following the takeover, the company initiated a large-scale exploration program to define resources and ore-body geometry. Work included geophysical surveys, core and diamond drilling, and geochemical and metallurgical testing to confirm grade continuity, ore depth, gold concentration, and extraction feasibility. Results exceeded expectations, confirming an average yield of 8 grams per tonne (g/t), commercially viable by global standards.

Mkwamba Minerals ensured compliance with mining regulations and secured required mining leases, environmental impact assessments (EIAs), and operational permits.

“From day one, our focus has been to transition this asset from legacy artisanal operations into a technically governed, compliant, and value-addition-led gold mining enterprise. The exploration outcomes have validated the strength of the ore body, and the next phase is about building the right processing and refining infrastructure on-site, so we can improve recovery, standardise quality, and create stronger downstream value before export. We are committed to executing this expansion responsibly, with full regulatory alignment and an approach that reflects long-term sustainability for the Katavi region and Tanzania’s mining sector,” said Venkat Ashok Reddy, on behalf of Mkwamba Minerals Mining Company.

Building on these outcomes, Mkwamba Minerals is entering an expansion phase to enhance production and refining capabilities. The company plans to establish a Carbon-in-Leach (CIL) processing plant to improve gold recovery efficiency using activated carbon. In parallel, an on-site refinery is being planned to process mined gold into Dore bars (semi-pure gold) and bullion (refined gold), enabling value addition before export. The engineering and procurement team is currently finalising plant and machinery specifications with manufacturers in China and South Africa, known for advanced mining equipment. Simultaneously, in-depth geotechnical and soil testing is being conducted at the mining site to optimise plant design and ore processing parameters.

The operational goal is to achieve a production rate of 100 to 130 tonnes of ore per day. Based on current assay data, this capacity is projected to yield approximately 80 grams to 1 kilogram of gold per day, post-process optimisation.

The refinery will enable downstream value capture and reduce reliance on external tolling or third-party processors. Refined products are intended for shipment to international clients in the UAE (Dubai) and other established markets, leveraging commercial relationships cultivated over several years.

With a strong foundation of technical expertise, regulatory compliance, and strategic foresight, Mkwamba Minerals, led by Venkat Ashok Reddy and Associates, continues to position itself as a rising force in sustainable gold mining and refining in the Katavi regions of Tanzania, East Africa, combining modern technology, ethical practices, and a global outlook for long-term value creation.

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Mumbai (Maharashtra) [India], December 29: India’s medical devices industry is no longer a side act. It’s becoming a mainstay of the healthcare economy, with momentum that looks stubbornly durable.

How Big Will the India Medical Devices Industry Be by 2033?

Let’s start with the number that matters. The India medical devices market size is expected to reach USD 30.64 billion by 2033. That’s not hype. That’s math backed by hospitals, demographics, and policy.

In 2024, the market stood at USD 18.02 billion. Between 2025 and 2033, it’s growing at a CAGR of about 6.08 percent. Not explosive. Not fragile either. Steady, compounding, and broad-based.

What’s powering this growth isn’t one silver bullet. It’s a convergence. More hospitals. More chronic disease. More local manufacturing. And a quiet but decisive shift toward portable and home-based care.

Hospitals, Clinics, and Diagnostics Are the Demand Engine

India’s healthcare delivery system is expanding in every direction at once. New hospitals. Bigger specialty centres. Diagnostic chains that look more like national brands than local labs.

This expansion creates relentless demand for medical devices. Capital equipment like imaging systems and ventilators. Everyday essentials like consumables and disposables. And everything in between.

Hospital capacity is scaling up fast. More ICU beds mean more patient monitors and ventilators. Upgraded operation theatres require modern anesthesia systems and surgical tools. Diagnostic labs are investing heavily in MRI, CT, and PET-CT systems, while also adopting compact point-of-care testing devices for speed and throughput.

There’s also a structural shift in how hospitals buy. Large private chains such as Apollo, Fortis, and Manipal are expanding aggressively. Private equity has noticed. India’s hospital sector has attracted nearly USD 4.96 billion in PE funding, a signal that organised healthcare is here to stay.

Organised players don’t buy devices casually. They prefer bundled contracts that include installation, servicing, maintenance, and consumables. For manufacturers, that means predictable revenue and longer relationships. For hospitals, it means fewer headaches. Everyone wins, assuming you can deliver.

Market Size, Growth, and Where the Real Opportunity Lies

The India medical devices market size reflects more than rising spend. It reflects changing disease patterns.

Chronic illnesses are climbing. Diabetes, cardiovascular disease, respiratory conditions. These aren’t episodic problems. They require continuous diagnosis, monitoring, and therapy. That translates directly into sustained device demand.

Government policy is adding fuel. The Production Linked Incentive scheme, medical device parks, and regulatory support are nudging manufacturers to build locally. Imports still dominate high-end devices, but that gap is narrowing.

Technology adoption is another accelerant. Digital health monitoring, portable diagnostics, and connected devices are moving from pilot projects to standard practice. Consumers are more aware. Doctors are more data-driven. Hospitals are more tech-forward.

Strategically, companies model three scenarios. A base case with steady growth. An upside case where localisation and exports surge. And a downside case tied to weaker hospital spending or supply chain shocks. The common thread across all three? Portable and home care devices outperform the average.

Import Dependence Meets Domestic Manufacturing Reality

India still imports a large share of high-end medical devices. Advanced imaging systems. Implants. Sophisticated diagnostics. Between FY2020-21 and FY2024-25, imports of electromedical equipment and surgical instruments crossed USD 25 billion.

That dependence carries risk. Currency swings. Tariff changes. Global supply disruptions. Hospitals feel it first, and patients feel it next.

But here’s the flip side. This import-heavy structure is an open invitation for domestic manufacturing, especially in low- and mid-complexity devices. These categories face fewer technological barriers and enjoy consistent demand.

Policy support is finally aligning with opportunity. The PLI scheme, device parks, and faster regulatory pathways are pushing both Indian firms and multinationals to manufacture locally. Assembly lines are coming up. Component manufacturing is scaling. R&D centres are expanding.

Beyond manufacturing, services matter. Maintenance, calibration, and consumables supply offer recurring revenue and healthy margins. Quietly, these segments are becoming profit engines.

Portable and Home Care Devices Are the Fastest Movers

If there’s one segment rewriting the rules, it’s portable and home care equipment.

Blood pressure monitors. Glucometers. Digital oximeters. Portable ECGs. CPAP machines. Mobility aids. These devices are no longer fringe products. They’re becoming household essentials.

The drivers are obvious. Chronic disease requires frequent monitoring. India’s elderly population is growing. Telemedicine has gone mainstream. Doctors now trust validated home readings for virtual consultations.

Technology has kept up. Sensors are cheaper. Batteries last longer. Devices are smaller and smarter. Smartphone connectivity seals the deal.

Global players see the opening. Omron is setting up manufacturing in Chennai to localise blood pressure monitors and ECG devices. Penetration remains low, roughly 6 percent for BP monitors, despite massive hypertension prevalence. That gap is opportunity staring you in the face.

Market data consistently shows home healthcare monitoring growing faster than the overall medical devices market. Companies that build strong links with pharmacies, e-commerce platforms, and telehealth providers will capture disproportionate value.

Government Support Is No Longer Cosmetic

Policy support has moved from slogans to spreadsheets.

Under the PLI scheme, manufacturers receive incentives tied directly to incremental sales. By March 2023, 21 companies were approved across imaging, cardio-respiratory devices, implants, and cancer-care equipment. Another 50 greenfield plants are expected under the broader pharma and medical device PLI framework.

Medical device parks are adding muscle. Shared testing labs. Infrastructure support. Faster approvals. State governments are competing to attract investment, which is exactly how it should be.

For manufacturers, ignoring these incentives is lazy strategy. Used well, they improve returns, reduce payback periods, and strengthen export competitiveness.

Competitive Landscape Is Heating Up

This is not a sleepy market.

GE Healthcare dominates imaging, diagnostics, and patient monitoring, with a growing local manufacturing and R&D footprint. Siemens Healthineers is pushing hard on advanced imaging and AI-driven diagnostics. Its Bengaluru MRI facility under the PLI scheme is a clear signal of long-term intent.

Philips Healthcare plays across imaging, critical care, and home health, with a strong focus on connected care. Mindray has carved out share by offering capable devices at aggressive price points, especially in monitoring and anesthesia.

Indian players are no longer content with crumbs. Trivitron Healthcare spans diagnostics, imaging, and critical care, backed by acquisitions and overseas facilities. BPL Medical Technologies remains strong in monitoring, ECGs, defibrillators, and home health equipment.

The pattern is clear. Multinationals dominate high-end capital equipment. Domestic firms win in consumables, monitoring, and value-driven categories. The gap is narrowing, and competition is sharpening.

What This Means Going Forward

India’s medical devices industry is moving from dependency to capability. From fragmented demand to organised procurement. From hospital-only use to home-based care.

The India medical devices market size tells a story of scale. The subtext tells a story of resilience and opportunity. Companies that focus on affordability, localisation, and innovation won’t just participate. They’ll lead.

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New Delhi [India], December 27: The year 2025 has witnessed a remarkable rise of trailblazers across business, social impact, wellness, and creative domains. From humanitarian leaders transforming community welfare to innovative entrepreneurs redefining healthcare, technology, and global career opportunities, these individuals are shaping the future of India with vision, determination, and purpose. Their work spans inclusive development, ethical entrepreneurship, cutting-edge innovation, and cultural enrichment, inspiring a generation to dream bigger and act bolder. By blending expertise with compassion and innovation with social responsibility, these personalities are not just achieving professional success — they are fostering an empowered society where impact, creativity, and meaningful connections take center stage.

Trilok Media presents: Trailblazers of 2025.

Farmaan Hasan Khan is an Indian humanitarian, social activist, and community leader known for his contributions to social welfare, education, and healthcare. He serves as the National General Secretary of Jamaat Raza-e-Mustafa, a prominent socio-religious organization working for community development and spiritual awareness.

He is also the founder of the Aala Hazrat Tajushshariah Welfare Society, through which he has led several large-scale humanitarian initiatives, including free medical camps, surgeries, educational support programs, and women empowerment efforts. Under his leadership, the organization has conducted thousands of free medical procedures and welfare activities during major community events such as Urs-e-Razvi in Bareilly.

In recognition of his sustained social service and humanitarian work, Farmaan Hasan Khan was honored with the Bharat Gaurav Ratna Award (2023). His work continues to focus on inclusive development, social responsibility, and service-driven leadership.

Siddharth Soni and Karina Thansingh Sahu the founders of Cureva Lifesciences, a fast-growing healthcare company making its mark in India’s pharmaceutical, nutraceutical, and skincare sectors. The company is driven by a clear vision to provide affordable, high-quality healthcare products that meet modern wellness needs.

Siddharth Soni, Founder and Managing Director, leads product innovation, quality  assurance, and overall business strategy, backed by his expertise in pharmaceutical sciences. Co-Founder Karina Thansingh Sahu plays a key role in brand building, stakeholder engagement, and organizational planning, contributing strongly to the company’s expansion in skincare and nutraceutical categories.

With a focus on ethical practices and customer-centric solutions, Cureva Lifesciences is expanding its product range and distribution network, with plans for PAN-India growth and future in-house manufacturing.

Mr.Sadiq, founder of Laundrywala, is revolutionizing India’s laundry market with modern, tech-enabled fabric care solutions. The brand offers services ranging from laundry by kg, dry cleaning, and steam ironing to shoe, sofa, and curtain cleaning, ensuring a hygienic, premium finish with German-grade machines and eco-friendly detergents.

For entrepreneurs, Laundrywala provides a low-investment, high-ROI franchise model with zero royalty until profit, lifetime validity, and full support in branding, marketing, and training.With a vision to establish over 500 stores nationwide by 2027, Laundrywala is not just cleaning clothes — it is creating business opportunities and redefining India’s fabric care landscape.

Laundrywala — Clean Clothes. Clean Profits. Clean Future.

Prof. Dr. Asha Sundaram is having 20 + years of teaching experience. Now she is working as the Principal of Saveetha School of Law, where she has played a significant role in steering the institution to academic excellence and growth for the past 8 years. She holds an Integrated 5 year B.A. LL. B (Hons) degree from the School of Indian Legal Thought, Mahatma Gandhi University, Kerala, an LL.M. from the School of Legal Studies, Cochin University of Science and Technology, specialising in Criminal Law, Constitutional Law, and Jurisprudence, and a Ph.D. in Health Care Law from JJT University, Rajasthan, with a dissertation titled “Legal and Ethical Issues on Medical Research Involving Human Beings in India.  She also completed the Post-Doctoral Programme in New Technologies and Law from  Mediterranean International Centre for Human Rights Research,  Italy.   Dr. Sundaram cleared the National Eligibility Test for Lectureship (NET) in 2001. She has taught at several renowned institutions, including the School of Legal Studies at Kannur University, School of Indian Legal Thought , MG University Kerala , School of Legal Studies ,  Cochin University of Science and Technology, Cochin ,  Parvin Gandhi College of Law in Mumbai, and the School of Law Rights and Constitutional Governance at TISS, Mumbai, among others. She has organized and presented papers at numerous National and International Conferences, Seminars, and Workshops and has published numerous articles in reputed journals. She also serves as the Nodal Officer for the National   Education Policy at SIMATS, and is the Chairperson for the POSH Cell at SIMATS. She also served as a member of an Institutional Ethics Committee of SIMATS.  Dr. Sundaram has authored several books and numerous papers in reputable legal journals.

V. R. Hari Balaji is a Chennai-based, multi-sector leader whose work sits at the confluence of urban governance, infrastructure execution, and civic resilience. With nearly two decades of applied operational experience, he has developed particular expertise in the implementation and management of Design–Build–Finance–Operate–Transfer (DBFOT) and Hybrid Annuity Model (HAM) frameworks, especially within the domain of urban sanitation.

His career reflects two distinct yet complementary chapters. The first decade was anchored in international hospitality operations across Switzerland, the United States, Kuwait, and Singapore, where he cultivated a rigorous foundation in service excellence, systems discipline, stakeholder accountability, and large-scale operational management. The subsequent decade marked a strategic shift toward disaster management and public-impact infrastructure, encompassing emergency preparedness programs, flood response coordination, multi-agency disaster simulation exercises, and the execution of DBFOT/HAM community-centric projects that demand both technical precision and institutional alignment. Prior to his current role, he served at Urbaser Sumeet, a Spanish–USA solid waste management company responsible for solid waste collection and transportation for the Greater Chennai Corporation across seven zones. In that capacity, he worked within an ecosystem where operational delivery is inseparable from citizen engagement—building the company’s Information, Education and Communication (IEC) wing from scratch, which promotes responsible waste practices through daily resident interaction and innovative behaviour-change initiatives.

He currently serves as Chief Executive Officer at Ferrgra, the Greater Chennai Corporation’s concessionaire for Public Convenience Toilet (PCT) management, overseeing operations across four zones of Chennai under a DBFOT–Hybrid Annuity model. The mandate is unambiguous: deliver dependable service continuity, enforce measurable performance standards, and sustain public health outcomes across a distributed urban network. In parallel with his executive responsibilities, he is pursuing a Ph.D. at Saveetha School of Law, further strengthening the policy and governance lens required to build scalable, future-ready urban systems. His guiding conviction is clear:                                                cities do not falter for lack of intent—they falter when systems are not architected  to     endure stress.  To connect with him: haribalaji.vr@gmail.com, Linkedin: https://www.linkedin.com/in/vrharibalaji

Akil Malik, founder of Work Abroad, leads India’s trusted overseas career and migration consultancy, helping students and professionals secure their dream jobs abroad. The firm specializes in overseas employment, study abroad programs, work visa support, and migration guidance for countries including the USA, Canada, UK, Australia, New Zealand, and the Middle East.

Work Abroad’s mission is to make global opportunities accessible to every Indian through ethical consulting, transparent processes, and personalized support. With expert counselors and verified international partners, the company guides candidates through job placements, university admissions, visa documentation, and relocation planning.Committed to preparing clients for global success, Work Abroad ensures every individual explores career growth abroad with confidence and clarity.

Work Abroad – Your Partner for Overseas Jobs, Work Visa, and Migration Success.

Vaibhav Trivedi,  founder of Purnika Luxe, a premium Ayurvedic luxury skincare brand envisioned to redefine modern Ayurveda for the contemporary consumer. He founded the brand with a clear purpose — to seamlessly blend ancient Ayurvedic wisdom, advanced scientific research, and luxury-grade purity into high-performance skincare solutions.

Under his leadership, Purnika Luxe debuted with its signature formulation, “Advanced Radiance Redefined Cream,” powered by Seabuckthorn, developed through over three years of focused research and formulation excellence. The product reflects the brand’s commitment to visible results, purity, and sensorial luxury.

Drawing inspiration from classical Ayurvedic texts such as Charaka Samhita, Sushruta Samhita, and Bhavaprakasha Nighantu, Vaibhav Trivedi emphasizes chemical-free, result-driven skincare tailored for modern lifestyles and Indian skin needs.With a strategic roadmap of 35 premium products planned for phased launch, he aims to establish Purnika Luxe as a trusted, next-generation Ayurvedic luxury house, setting new benchmarks in India’s luxury wellness and skincare space.

Abhilash Prabhakar is an Indian entrepreneur and business leader known for his strategic vision and diversified business interests. With a background in business management, he began his entrepreneurial journey by founding Emperyan Holdings, which later evolved into Emperyan Heaven and its allied ventures. Over the years, he has played a key role in expanding the group’s presence across infrastructure, energy, and related sectors.

Recognized for his disciplined leadership and focus on sustainable growth, Abhilash Prabhakar emphasizes innovation, operational efficiency, and long-term value creation. His approach combines modern business practices with a strong commitment to organizational development, positioning him as a forward-looking entrepreneur in India’s evolving corporate landscape.

Sowmya Devaraj, founder of TryConnect, established a unique platform in Bengaluru that encourages people to slow down and connect meaningfully. Believing that every stranger carries a story worth hearing, she created TryConnect as a community where conversations foster real connections and individuals feel truly seen.More than just a platform, TryConnect is an emotional space built on empathy and authenticity. Through intimate gatherings and thoughtfully designed workshops, participants often leave feeling like part of a family. The platform acts as an emotional bridge, turning simple dialogue into lasting bonds.

Sowmya’s blend of kindness, ambition, and quiet determination drives this movement, reflected in TryConnect’s tagline: “Every Stranger Has a Story.” With this vision, the platform encourages people to slow down, share stories, and create connections that truly matter.

Shubh Gauri, a poetess who studied Literature and Philosophy, currently works as a PGT in English. Her poetry thoughtfully blends love, nature, and spirituality, drawing inspiration from neo-Romanticism and the Indian literary tradition of Chhayavaad.

With a bold yet contemplative voice, she explores themes of cosmic memory, astral energies, and the subtle union of body and soul. Shubh Gauri believes in the idea of the universe’s DNA memory, a concept that echoes through her verses as intimate reflections on existence and inner consciousness.

Her published works include the poetry collection Loban, along with contributions to several anthologies. Through her writing, she offers readers a deeply personal and mystical journey into emotion, nature, and the spiritual essence of life.

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