logo
ICICI Lombard Moves Disaster Recovery to New AWS Centre in Hyderabad

ICICI Lombard Moves Disaster Recovery to New AWS Centre in Hyderabad

Time of India23-07-2025
Mumbai: ICICI Lombard has shifted its disaster recovery (DR) operations from Amazon Web Services' (AWS) Mumbai region to the Hyderabad region, completing a major upgrade of its business continuity infrastructure.
The fully automated, cloud-native setup—developed in collaboration with AWS—covers all of the insurer's business-critical applications and ensures rapid failover in the event of a disruption.
The transition, aimed at improving service reliability and response time, was carried out with end-to-end automation and real-time validation, involving minimal manual intervention. According to Girish Nayak, chief – technology, health UW and claims at ICICI Lombard, the company successfully executed a full-site DR drill, seamlessly transitioning all business applications to the secondary cloud region.
'This marks a first-of-its-kind initiative in the Indian insurance sector,' he said, adding that the move validated the company's readiness to maintain uninterrupted operations during unforeseen events.
The upgraded system uses native AWS services such as Elastic Disaster Recovery (EDR), AWS Step Functions and infrastructure-as-code tools. It supports continuous replication of application and database servers between the primary site in Mumbai and the DR site in Hyderabad, with seamless environment switching enabled via domain-based routing.
Kiran Jagannath, head – FSI and conglomerates, AWS India and South Asia, said the collaboration helps secure ICICI Lombard's mission-critical workloads while enabling faster recovery, greater reliability and better data protection.
Stay informed with the latest
business
news, updates on
bank holidays
and
public holidays
.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump announces 25% tariffs: PM, ministers in huddle; Oppn seeks response
Trump announces 25% tariffs: PM, ministers in huddle; Oppn seeks response

Business Standard

time2 minutes ago

  • Business Standard

Trump announces 25% tariffs: PM, ministers in huddle; Oppn seeks response

A little after US President Donald Trump announced the imposition of 25 per cent tariffs on Indian goods from August 1, Prime Minister (PM) Narendra Modi held a meeting with Commerce and Industry Minister Piyush Goyal, External Affairs Minister S Jaishankar, and senior officials at his office in Parliament House to assess the implications. Opposition parties said they would demand a statement from the government in Parliament on the impact of the US tariffs on India. They pointed out that the PM's friendship with Trump has meant little, urged the PM to stand up to the American President, and protect India's sovereignty. Swadeshi Jagran Manch (SJM), an economic think tank affiliated with the Rashtriya Swayamsevak Sangh (RSS), said the country needs to safeguard its food security, national security, and health security, even if it comes at the cost of trade with the US. During the India–US Bilateral Trade Agreement (BTA) negotiations, SJM and Bharatiya Mazdoor Sangh had cautioned the government not to surrender the interests of India's farmers and entrepreneurs. These RSS affiliates appreciated the government's statement, issued late in the evening. In it, the government said it 'attaches the utmost importance to protecting and promoting the welfare of our farmers, entrepreneurs, and micro, small and medium enterprises'. SJM's National Co-convenor Ashwani Mahajan told Business Standard that the US had violated the rules-based international trade order it has espoused in the past by bringing in non-trade issues, such as India's ties with Russia. 'On defence purchases, we have to safeguard our interests and become self-reliant. We know that we are better off dealing with Russia to achieve that objective, and the joint development of the BrahMos missile is an example of that,' Mahajan said, arguing that India cannot stop buying Russian oil. He said the impact on trade with the US will be relative and should be seen in the context of the tariffs the US has imposed on other countries. Mahajan noted that several other countries have also not signed trade deals with the US. Congress General Secretary Jairam Ramesh said Modi should take inspiration from former PM Indira Gandhi and stand up to the US President. 'President Trump has slapped a tariff of 25 per cent plus penalty on imports from India. All that 'taarif' (praise) between him and 'Howdy Modi' has meant little,' Ramesh said in a post on X. 'Mr Modi thought that if he kept quiet on the insults the US President has hurled at India — the 30 claims of stopping Operation Sindoor, the special lunch for the Pakistan Army Chief whose inflammatory remarks provided the immediate backdrop to the brutal Pahalgam terror attacks, and US support for financial packages to Pakistan from the International Monetary Fund and the World Bank — India would get special treatment at the hands of President Trump. Clearly, that has not happened,' he added. 'He should take inspiration from Indira Gandhi and stand up to the US President,' the Congress leader said. In its statement, issued after the meeting chaired by the PM, the government said it had taken note of the US President's statement on bilateral trade, was studying its implications, and remained committed to the objective of concluding 'a fair, balanced and mutually beneficial' BTA. It said the government would take all steps necessary to secure India's national interest, as has been the case with other trade agreements, including the latest Comprehensive Economic and Trade Agreement with the UK. In a post on Facebook, Communist Party of India (Marxist–Leninist) Liberation General Secretary Dipankar Bhattacharya said Trump was punishing India not just for what he calls India's high tariffs and 'obnoxious non-monetary trade barriers', but also for buying military equipment and energy from Russia. 'In other words, for not becoming exclusively dependent on the US. Can there be a more brazen attack on India's sovereignty? The more the Modi government surrenders and keeps quiet, the more the Trump administration blackmails and pressurises India,' he said. Trinamool Congress Rajya Sabha (RS) leader Derek O'Brien shared a video of the PM and Trump on X, where the PM is heard saying, 'We in India have connected well with President Trump,' and urged Indian Americans to vote for Trump by raising the slogan 'Abki baar Trump Sarkar'. Shortly after Trump's announcement, Union Home Minister Amit Shah met with protests from Opposition Members of Parliament (MPs) when, a little after 7 pm, he rose to reply to the discussion on Operation Sindoor in the RS. The INDIA bloc MPs demanded that Modi reply to the debate, but Shah pointed out that the PM was indeed in the Parliament House premises and indicated that he was holding an important meeting. At this, Opposition MPs staged a walkout.

Trump's 25% tariff will immediately impact India's export-intensive sector: FICCI's Director General Jyoti Vij
Trump's 25% tariff will immediately impact India's export-intensive sector: FICCI's Director General Jyoti Vij

Mint

time2 minutes ago

  • Mint

Trump's 25% tariff will immediately impact India's export-intensive sector: FICCI's Director General Jyoti Vij

Donald Trump's imposition of 25 per cent tariffs on all Indian goods 'will immediately impact India's export-intensive sector,' said Federation of Indian Chambers of Commerce & Industry (FICCI) Director General Jyoti Vij. 'We are confident that Indian negotiators will be able to secure a meaningful and permanent agreement with the United States, without compromising on the national interests," added Vij in her statement. Donald Trump, in a fiesty Truth Social post on Wednesday, slapped 25 per cent tariffs on all Indian goods starting August 1 citing 'obnoxious' trade barriers, and an additional 'penalty' for India's continued energy and defense ties with Russia. The POTUS also criticised India's military and oil imports from Russia, saying it has enabled Moscow to continue the war on Ukraine. Following Trump's tariff announcement, the Central government issued a statement, stating that it has taken note of the US tariffs on India. The Ministry of Commerce & Industry said that the government is 'studying the implications', and "will take all steps necessary to secure our national interest, as has been the case with other trade agreements including the latest Comprehensive Economic and Trade Agreement with the UK,' the ministry stated. Indian trade bodies expressed disappointment over Trump's decision to impose 25 per cent tariffs and additional penalties, calling it a setback for the Indian export market. While some trade and industry leaders warned of short-term disruptions, others remained confident that India's strong manufacturing base — especially in sectors such as pharmaceuticals and medical equipment — would help it withstand the impact and forge new trade partnerships. Dilip Kumar, Chairman of Medical Tourism, Chamber of Commerce claimed that Trump is 'trying to kill the market of the Indian economy, but it is not going to happen. The reason behind this is that we are exporters, especially of medical equipment, pharmaceuticals, and disposables, which mostly come from India,' reported ANI. Kumar also noted that the American market relies heavily on Indian and Chinese supplies, and that the cost of treatment and medical procedures in the US is likely to rise in response to Trump's move. He added that the impact would be more severe for Americans than for India, which could redirect its exports to European markets. According to analysts, Trump's tariffs are likely to spark a knee-jerk reaction when the Indian stock market opens for trading tomorrow, July 31, with the tariffs set to take effect from August 1. "There could be a knee-jerk reaction in the short term, but the issue with Trump is that he often says one thing today and something completely different tomorrow. What is certain is the uncertain nature of Trump's approach," said Kranthi Bathini, Director - Equity Strategy, WealthMills Securities

Trump tariffs on Russian oil put squeeze on India's biggest crude supplier
Trump tariffs on Russian oil put squeeze on India's biggest crude supplier

Business Standard

time2 minutes ago

  • Business Standard

Trump tariffs on Russian oil put squeeze on India's biggest crude supplier

Trump Sanctions On Russian oil puts the squeeze on India's Biggest Crude Supplier S Dinakar Amritsar Listen to This Article US President Donald Trump's announcement of levying penalties on India's purchase of Russian oil and arms, coupled with 25 per cent tariffs on Indian exports, may spell the beginning of the end of India's import of Russian oil, accounting for nearly 45 per cent of the country's total crude oil imports, if Trump carries forth with his threat, industry sources told Business Standard. India bought 2.1 million barrels per day of Russian crude oil in June, according to Kpler's ship tracking data accessed by Business Standard. The value of the imports from Russia in June was around $4.3

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store