
Signify and Madhya Pradesh Tourism Board Partner to Illuminate 61 Villages, Empowering Local Communities Under ‘Har Gaon Roshan' CSR Initiative
Signify, the world leader in lighting, today announced a collaboration with the Madhya Pradesh Tourism Board to bring sustainable outdoor lighting infrastructure to 61 tourism-led villages across the state under its 'Har Gaon Roshan' CSR Program. This initiative prioritizes tribal communities and regions near national parks, aiming to enhance safety, visibility, and the overall tourist experience in these underserved areas.
Signify and Madhya Pradesh Tourism Board Partner to Illuminate 61 Villages
The project will be implemented in partnership with Signify's long-standing NGO partner, Haritika, providing energy efficient outdoor lighting solutions in these remote villages. By supporting local infrastructure development, the project will also enable in creating a well-lit environment for tourists and locals, while fostering economic opportunities for the communities.
The official Memorandum of Understanding (MoU) was exchanged at a formal event in Bhopal, graced by the Hon'ble Chief Minister of Madhya Pradesh, Shri Mohan Yadav, and Signify's leadership, highlighting Signify's commitment to sustainable development and community empowerment through innovative lighting solutions.
Commenting on the partnership, Nikhil Gupta, Head of Marketing, Strategy, Govt Affairs, and CSR, Signify Greater India said, 'At Signify, we believe in bringing the best of innovations to the communities across India, through our Har Gaon Roshan CSR initiative. For this project, we are thankful to the support of Madhya Pradesh tourism board for aiding our collective mission to strengthen rural communities through tourism. By illuminating these villages, we are enhancing the safety and visibility of these areas. This partnership reflects our commitment to using light to positively impact lives in the most underserved regions of India, fostering sustainable growth and community empowerment.'
Madhya Pradesh Tourism Board representative added, 'This partnership with Signify marks a significant step toward realizing our collective vision of transforming rural tourism in Madhya Pradesh. Providing lighting to these villages will not only improve safety and infrastructure but also unlock new avenues for community-based tourism, economic development and enhance livelihood activities especially during evening hours such as showcasing local artifacts, promoting handloom and handicraft work, selling local produce such as spices and organic goods, and organizing cultural performances and evening village tours. '
About Signify
Signify (Euronext: LIGHT) is the world leader in lighting for professionals, consumers and the Internet of Things. Our Philips products, Interact systems and data-enabled services deliver business value and transform life in homes, buildings and public spaces. In 2024, we had sales of EUR 6.1 billion, approximately 29,000 employees and a presence in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been in the Dow Jones Sustainability World Index since our IPO for eight consecutive years and have achieved the EcoVadis Platinum rating for five consecutive years, placing Signify in the top one percent of companies assessed. News from Signify can be found in the Newsroom, on X, LinkedIn and Instagram. Information for investors is located on the Investor Relations page.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Wire
4 hours ago
- The Wire
Signify and Madhya Pradesh Tourism Board Partner to Illuminate 61 Villages, Empowering Local Communities Under ‘Har Gaon Roshan' CSR Initiative
Bhopal, Madhya Pradesh, India (NewsVoir) Signify, the world leader in lighting, today announced a collaboration with the Madhya Pradesh Tourism Board to bring sustainable outdoor lighting infrastructure to 61 tourism-led villages across the state under its 'Har Gaon Roshan' CSR Program. This initiative prioritizes tribal communities and regions near national parks, aiming to enhance safety, … Continue reading "Signify and Madhya Pradesh Tourism Board Partner to Illuminate 61 Villages, Empowering Local Communities Under 'Har Gaon Roshan' CSR Initiative"
&w=3840&q=100)

Business Standard
4 hours ago
- Business Standard
Real estate booms as housing sales up 77% in last 7 years: Report
With the residential sales in key cities rising nearly 77 per cent from FY19 to FY25, the Indian real estate sector is expected to remain strong in FY26 on the back of structural reforms, rapid urbanisation, and increasing investor interest, both domestic and global, according to the latest India Real Estate Report FY 2025-26 by Grant Thornton Bharat. According to the report, the industry is transforming rapidly through technology, sustainability imperatives and evolving buyer behaviour. 'Backed by investor confidence and adaptive consumer behavior, it remains a key economic pillar, set for continued momentum in FY26,' highlighted by the report, 'driven by urbanisation, infrastructure growth, and technology integration,' it added. Resilient residential market, premium shift Despite affordability concerns, the residential market has remained resilient. From FY19 to FY25, residential sales in key cities rose nearly 77 per cent, with under-construction homes making up 57 per cent of transactions in FY25, the report noted. Affordable housing showed mixed performance, with a nine per cent dip in sales during Q1 of 2025 calendar year. However, inventory levels dropped by 19 per cent, suggesting a gradual recovery. Meanwhile, demand for luxury homes above Rs 1 crore saw a strong uptick, driven by rising incomes and lifestyle shifts. Investors focus on future-ready assets 'Investment flows in FY25 reflected a clear pivot towards operational residential developments, income-yielding commercial properties, and logistics platforms,' said the report, attributing this to strong investor appetite for Grade A assets. The report states that India recorded 99 real estate deals worth $6.99 billion during FY25, with private equity accounting for nearly half at $3.15 billion. Public market activity, including IPOs and qualified institutional placements (QIPs), contributed $2.99 billion, showing capital market confidence in the sector. Tech and green trends lead new cycle Advanced technologies like blockchain, AI, and Internet of Things (IoT) are transforming property buying and selling, with virtual reality and smart homes becoming standard. 'Tokenisation of real estate can democratise access and improve liquidity if supported by regulation,' the report added. Sustainability is now a central theme. ESG-compliant projects are preferred by both institutional investors and end-users. 'We're seeing growing demand for green-certified, wellness-centric housing,' the report said. Tier-2 growth, flexible living on the rise Cities like Bhubaneswar, Nagpur, and Jaipur are emerging as residential hubs due to government-led infrastructure pushes and growing job markets. Co-living and rental housing are gaining popularity among younger, mobile professionals, backed by policy initiatives such as the Model Tenancy Act. 'Sustainable design, technology integration and backward-linked operations are key to scaling and delivering value,' Jagadish Nangineni, managing director of Sobha Group, was quoted as saying in the report. Sobha recently achieved Net Water Zero certification for its project in Thrissur. Outlook: Consolidation, digitalisation and REIT expansion Looking ahead, the report forecasts continued traction in REITs, including the rise of Small and Medium REITs (SM REITs), more platform-level consolidations, and deeper tech integration. 'Despite affordability challenges and global volatility, India's real estate sector is well-positioned to grow sustainably,' said Shabala Shinde, partner and real estate industry leader at Grant Thornton Bharat.


Time of India
4 hours ago
- Time of India
Vodafone Idea partners with AST SpaceMobile to roll-out satcom services in India
NEW DELHI: Vodafone Idea (Vi) has partnered with US-headquartered AST SpaceMobile to deliver satellite connectivity in India. This comes months after its rivals, Reliance Jio and Bharti Airtel , inked separate deals with billionaire Elon Musk-owned SpaceX to deliver Starlink satellite internet service in the country. The partnership will combine Vi's pan-India mobile network with AST SpaceMobile's space-based cellular technology, which can beam signals directly to ordinary smartphones without requiring specialised software, hardware, or any updates, the companies said on Wednesday. Aligned with Digital India's initiatives, AST SpaceMobile and Vi will collaborate on the SpaceMobile Satellite System. This space-based cellular broadband ecosystem will be designed to expand Vi's terrestrial connectivity, providing voice, video, data streaming, and internet access. The partnership will encompass design, implementation, and launch of this system, wherein AST SpaceMobile will develop, manufacture, and manage the satellite constellation, and Vi will oversee terrestrial network integration, operating spectrum, and market access. India currently has 1.1 billion mobile subscribers, using both 4G and fifth-generation (5G) networks. While there is widespread 4G and emerging 5G coverage, satellite communication ( satcom ) will complement terrestrial connectivity to further expand broadband cellular access in some challenging terrains where deployment of terrestrial mobile infrastructure might be difficult. 'Vi has always been committed to leveraging technology to connect every Indian and we see satellite communication as a complement to terrestrial connectivity. As satellite-based mobile access becomes a reality in India, we are looking forward to ushering in a new era of seamless and resilient connectivity,' said Avneesh Khosla, Chief Marketing Officer, Vi. 'India, with its vast and dynamic telecom market, is the ideal place to demonstrate how our space-based cellular broadband can seamlessly complement terrestrial networks,' said Chris Ivory, chief commercial officer, AST SpaceMobile. 'Together with Vodafone Idea, we are excited to unlock new possibilities for emergency response, disaster management, agriculture, remote learning, and countless other applications that will benefit from truly ubiquitous mobile broadband,' Ivory added. Both companies will also collaborate and jointly develop commercial offerings for diverse sectors, including consumer, enterprise, and the Internet of Things (IoT). Jagbir Singh, chief technology officer (CTO), Vi, earlier told ET in an interview, 'We are in conversations with (satcom) partners and will share an update at an appropriate time.' Singh had said that the telecom carrier does not see satellite communication as competition to terrestrial networks but rather a 'complement by reaching rural and disaster prone areas and expanding connectivity'.