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Sunil Mittal exhorts industry to prioritise 'India-first' approach, focus on talent dividend, R&D
Sunil Mittal exhorts industry to prioritise 'India-first' approach, focus on talent dividend, R&D

Time of India

time3 days ago

  • Business
  • Time of India

Sunil Mittal exhorts industry to prioritise 'India-first' approach, focus on talent dividend, R&D

New Delhi: Bharti Group Chairman Sunil Mittal on Thursday exhorted the industry to prioritise an 'India-first' approach, rising above individual or sectoral interests to contribute to nation-building as the telecom sector doyen advocated prioritising of talent dividend, stepping up R&D, trade reset and a collaborative framework between industry and government. Speaking at the CII Annual Business Summit 2025, Mittal also advised companies to emulate the 'Tata' mould of trust as he highlighted the respect commanded by the 'house of Tatas'. Citing the progress made towards trade pacts between India and key nations, Mittal exuded confidence that the government will safeguard industry's interests in trade agreements, but asserted at the same time, that it is important that the "industry and chambers don't ask for things which will make FTAs difficult". Stating that lakhs of crores are stuck in litigation around direct taxes, indirect taxes, and other regulatory matters, the industry stalwart said initiatives like 'Vivad se Vishwas' can help release large sums stuck in cases. Doing so, it would also free up the industry from past litigations and problems, and allow a reset and planning for the future. Mittal noted that India is on the cusp of becoming the third-largest economy in the world and that industry plays a vital role in moving the economic agenda forward. "Let me talk about the role of our industry, the role in creating that necessary trust for all our stakeholders and ensuring that we keep in all our decisions with 'India-first' at the very industry has a very important role to I don't think we have earned the complete trust of all stakeholders. Many-a-times it is seen that we approach issues from our individual or, at times, sectoral interests," he said. Mittal outlined four key areas requiring immediate focus, including the need to capitalise on talent dividends and R&D investment. India spends less than one per cent of GDP on R&D, Mittal said describing it as "woefully inadequate for a country of our size". "We have the advantage that we have a large domestic market, but should we not spend more on R&D, innovation, and not just frugal innovation but going into really meaningful, deeply scientific, technological advances that India needs to make. Indian industry needs to step up its spending on R&D," Mittal said, asking the industry to rise above the approach of tax breaks for R&D spending. Mittal also advocated for a fundamental shift or reset in India's approach to trade and exports. "The industry must actively work with the government to identify policy gaps and suggest frameworks that create real velocity in building India. Let us hear the government's views, understand their expectations, and contribute meaningfully," he said. He cited the example of 'House of Tata' as one that evokes trust and respect. While the walls on immigration are rising every day, Mittal said, India's youth armed with the right training and skills can overcome such challenges thanks to the digital nature of the work. He said it is no surprise that India is seeing a dramatic growth of Global Capability Centres. "Even now, we hear some voices coming from some parts of the political spectrum about some form of reservation in the private sector and we all know that debate can continue. But how we can completely avoid that debate is by creating a workforce, creating a talent dividend," he said. Mittal nudged the industry to diversify its export basket. "...this is where I think CII, we as industry players need to work with the government and create policy frameworks to ensure that we are diversifying our export basket. No raw materials should really leave our shores without being processed and value-added. The more we can do locally here by adding value, the better off we will be" he said. At the same time, the telecom veteran said that while THE industry will do its bit, it needs enabling policies, especially in the area of ease of doing business. "And I know for this government, ease of doing business is important. They continuously track areas where there are this is again where CII should put out a position paper in giving every year few low-hanging fruits where the government can move quickly to allow the industry to have much easier runway to take off," he said. In this context, he highlighted areas like corporate affairs, listing of companies, and floating bonds in the international market. "Tax policies, which continuously are getting better, need to be further demystified and simplified. The movement towards a 25 per cent corporate tax, to my mind, was a fine example...I'm surprised the entire industry has still not moved to that. Let's also get rid of the old fascination with those exemptions and move on to a simplified, flat 25 per cent tax rate," he said.

Sunil Mittal urges industry to adopt 'India-first' focus on talent, R&D
Sunil Mittal urges industry to adopt 'India-first' focus on talent, R&D

Business Standard

time3 days ago

  • Business
  • Business Standard

Sunil Mittal urges industry to adopt 'India-first' focus on talent, R&D

Bharti Group Chairman Sunil Mittal on Thursday exhorted the industry to prioritise an 'India-first' approach, rising above individual or sectoral interests to contribute to nation-building as the telecom sector doyen advocated prioritising of talent dividend, stepping up R&D, trade reset and a collaborative framework between industry and government. Speaking at the CII Annual Business Summit 2025, Mittal also advised companies to emulate the 'Tata' mould of trust as he highlighted the respect commanded by the 'house of Tatas'. Citing the progress made towards trade pacts between India and key nations, Mittal exuded confidence that the government will safeguard industry's interests in trade agreements, but asserted at the same time, that it is important that the "industry and chambers don't ask for things which will make FTAs difficult". Stating that lakhs of crores are stuck in litigation around direct taxes, indirect taxes, and other regulatory matters, the industry stalwart said initiatives like 'Vivad se Vishwas' can help release large sums stuck in cases. Doing so, it would also free up the industry from past litigations and problems, and allow a reset and planning for the future. Mittal noted that India is on the cusp of becoming the third-largest economy in the world and that industry plays a vital role in moving the economic agenda forward. "Let me talk about the role of our industry, the role in creating that necessary trust for all our stakeholders and ensuring that we keep in all our decisions with 'India-first' at the very industry has a very important role to I don't think we have earned the complete trust of all stakeholders. Many-a-times it is seen that we approach issues from our individual or, at times, sectoral interests," he said. Mittal outlined four key areas requiring immediate focus, including the need to capitalise on talent dividends and R&D investment. India spends less than one per cent of GDP on R&D, Mittal said describing it as "woefully inadequate for a country of our size". "We have the advantage that we have a large domestic market, but should we not spend more on R&D, innovation, and not just frugal innovation but going into really meaningful, deeply scientific, technological advances that India needs to make. Indian industry needs to step up its spending on R&D," Mittal said, asking the industry to rise above the approach of tax breaks for R&D spending. Mittal also advocated for a fundamental shift or reset in India's approach to trade and exports. "The industry must actively work with the government to identify policy gaps and suggest frameworks that create real velocity in building India. Let us hear the government's views, understand their expectations, and contribute meaningfully," he said. He cited the example of 'House of Tata' as one that evokes trust and respect. While the walls on immigration are rising every day, Mittal said, India's youth armed with the right training and skills can overcome such challenges thanks to the digital nature of the work. He said it is no surprise that India is seeing a dramatic growth of Global Capability Centres. "Even now, we hear some voices coming from some parts of the political spectrum about some form of reservation in the private sector and we all know that debate can continue. But how we can completely avoid that debate is by creating a workforce, creating a talent dividend," he said. Mittal nudged the industry to diversify its export basket. "...this is where I think CII, we as industry players need to work with the government and create policy frameworks to ensure that we are diversifying our export basket. No raw materials should really leave our shores without being processed and value-added. The more we can do locally here by adding value, the better off we will be" he said. At the same time, the telecom veteran said that while THE industry will do its bit, it needs enabling policies, especially in the area of ease of doing business. "And I know for this government, ease of doing business is important. They continuously track areas where there are this is again where CII should put out a position paper in giving every year few low-hanging fruits where the government can move quickly to allow the industry to have much easier runway to take off," he said. In this context, he highlighted areas like corporate affairs, listing of companies, and floating bonds in the international market. "Tax policies, which continuously are getting better, need to be further demystified and simplified. The movement towards a 25 per cent corporate tax, to my mind, was a fine example...I'm surprised the entire industry has still not moved to that. Let's also get rid of the old fascination with those exemptions and move on to a simplified, flat 25 per cent tax rate," he said.

Zoya from the House of Tata Unveils a New Expression of Aeterna-A Marquee Drop in Signature Luxury Jewellery
Zoya from the House of Tata Unveils a New Expression of Aeterna-A Marquee Drop in Signature Luxury Jewellery

Business Standard

time29-04-2025

  • Business
  • Business Standard

Zoya from the House of Tata Unveils a New Expression of Aeterna-A Marquee Drop in Signature Luxury Jewellery

NewsVoir Mumbai (Maharashtra) [India], April 29: Zoya, the luxury jewellery atelier from the House of Tata, unveils a new expression of its beloved Aeterna collection-an iconic interpretation of elevated essentials where sacred geometry meets feminine energy in sculptural form and colour. This refined expression introduces sculptural hoop earrings, layered medallions, and iconic rings-architectural in silhouette, yet ethereal in presence. Crafted with see-through construction echoing sacred patterns, each piece invites a sense of stillness and luminosity. Inspired by the Flower of Life-a talisman of universal interconnectedness-Aeterna interprets geometric patterns as symbols of life. Initially envisioned in Purple Amethyst, representing feminine energy, Aeterna now evolves with the introduction of Green Amethyst, a gemstone symbolising renewal - creating a dual-toned narrative. In the life of the Zoya muse, Aeterna reflects infinite possibilities that unfold within her. These pieces transcend trends, offering both elegance and intention for the modern woman. Each piece of jewellery becomes not just an ornament, but a spiritual companion, awakening her spirit beyond time and making her feel more alive than ever. This evolution of Aeterna doesn't extend its purpose - it deepens it. These gemstones carry more than colour - they embody meaning for the woman whose life unfolds like a pilgrimage of spirit. Crafted for the modern seeker, this collection accompanies her from introspective mornings to luminous evenings, weaving seamlessly into the rhythm of her day. These are not just jewels, but meditations in form - a quiet language of presence and poetry. "Aeterna has always held a cherished place in the Zoya universe - its resonance with women is both profound and deeply personal," shares Amanpreet Ahluwalia, Business head of Zoya-House of Tata. "With this new expression, we've added depth and meaning, while also expanding the collection into more elevated and expressive categories - pieces that are beautifully designed to be worn every day. More women are embracing Aeterna, making it their own, and finding a personal connection in its evolving spirit." Reimagining Aeterna, the beloved collection inspired by sacred geometry, this refined edition features rare, unique cuts of Green and Purple Amethyst sculpted into myriad patterns of rose gold. These carefully crafted elements become wearable symbols of energy, balance, and transcendence. While Purple Amethyst continues to anchor her feminine essence, Green Amethyst evokes a soft awakening within. "Reimagining Aeterna was a deeply thoughtful process," says Revathi Kant, Chief Design Officer, Titan Company Limited. "We sought to honour the soul of the original collection while unveiling it through a more contemporary lens-introducing sculptural silhouettes and intricate, geometric detailing. With the addition of Green Amethyst-a gemstone that embodies infinite possibility-we infused the collection with a renewed sense of lightness and luminosity." With Zoya's unmistakable artistry, every creation becomes a modern talisman - a wearable embodiment of intention and design mastery. Zoya's new expression of Aeterna claims its place in the world of modern luxury - where timeless design becomes a language of inner beauty, and jewellery is an intimate extension of self - formidable, feminine and infinite. The collection is now available across Zoya ateliers - an eternal ode to presence, purpose, and poetic design. Zoya, the House of Tata's exquisite diamond boutique, is India's leading brand of fine luxury jewellery. Celebrated for its exceptional artistry, masterful craftsmanship, and unique design language, Zoya curates meaningful pieces of wearable art for the discerning modern sophisticate. Rooted in India with a global perspective, each creation is a rare labour of love, inspired by narratives that celebrate the Zoya woman's journey toward her true self. As it celebrates its fifteenth year, Zoya continues to redefine the luxury jewellery experience in India. With twelve exclusive boutiques across Mumbai, Delhi, Ahmedabad, Bengaluru, Chennai, Kolkata, Pune and Hyderabad, and Zoya galleries in Mumbai, Ahmedabad, Kolkata, Chennai, and Lucknow, Zoya showcases luxury at its finest. Now, Zoya further elevates its personalized service by offering video-assisted jewellery consultations and home trials.

Zoya from the House of Tata Unveils a New Expression of Aeterna-A Marquee Drop in Signature Luxury Jewellery
Zoya from the House of Tata Unveils a New Expression of Aeterna-A Marquee Drop in Signature Luxury Jewellery

Fashion Value Chain

time29-04-2025

  • Business
  • Fashion Value Chain

Zoya from the House of Tata Unveils a New Expression of Aeterna-A Marquee Drop in Signature Luxury Jewellery

Zoya, the luxury jewellery atelier from the House of Tata, unveils a new expression of its beloved Aeterna collection-an iconic interpretation of elevated essentials where sacred geometry meets feminine energy in sculptural form and colour. This refined expression introduces sculptural hoop earrings, layered medallions, and iconic rings-architectural in silhouette, yet ethereal in presence. Crafted with see-through construction echoing sacred patterns, each piece invites a sense of stillness and luminosity. She carries a talisman of infinite possibilities Inspired by the Flower of Life-a talisman of universal interconnectedness-Aeterna interprets geometric patterns as symbols of life. Initially envisioned in Purple Amethyst, representing feminine energy, Aeterna now evolves with the introduction of Green Amethyst, a gemstone symbolising renewal – creating a dual-toned narrative. Aeterna Medallion: Custom-cut Purple and Green Amethyst In the life of the Zoya muse, Aeterna reflects infinite possibilities that unfold within her. These pieces transcend trends, offering both elegance and intention for the modern woman. Each piece of jewellery becomes not just an ornament, but a spiritual companion, awakening her spirit beyond time and making her feel more alive than ever. This evolution of Aeterna doesn't extend its purpose – it deepens it. These gemstones carry more than colour – they embody meaning for the woman whose life unfolds like a pilgrimage of spirit. Crafted for the modern seeker, this collection accompanies her from introspective mornings to luminous evenings, weaving seamlessly into the rhythm of her day. These are not just jewels, but meditations in form – a quiet language of presence and poetry. 'Aeterna has always held a cherished place in the Zoya universe – its resonance with women is both profound and deeply personal,' shares Amanpreet Ahluwalia, Business head of Zoya-House of Tata. 'With this new expression, we've added depth and meaning, while also expanding the collection into more elevated and expressive categories – pieces that are beautifully designed to be worn every day. More women are embracing Aeterna, making it their own, and finding a personal connection in its evolving spirit.' Reimagining Aeterna, the beloved collection inspired by sacred geometry, this refined edition features rare, unique cuts of Green and Purple Amethyst sculpted into myriad patterns of rose gold. These carefully crafted elements become wearable symbols of energy, balance, and transcendence. While Purple Amethyst continues to anchor her feminine essence, Green Amethyst evokes a soft awakening within. 'Reimagining Aeterna was a deeply thoughtful process,' says Revathi Kant, Chief Design Officer, Titan Company Limited. 'We sought to honour the soul of the original collection while unveiling it through a more contemporary lens-introducing sculptural silhouettes and intricate, geometric detailing. With the addition of Green Amethyst-a gemstone that embodies infinite possibility-we infused the collection with a renewed sense of lightness and luminosity.' With Zoya's unmistakable artistry, every creation becomes a modern talisman – a wearable embodiment of intention and design mastery. Zoya's new expression of Aeterna claims its place in the world of modern luxury – where timeless design becomes a language of inner beauty, and jewellery is an intimate extension of self – formidable, feminine and infinite. The collection is now available across Zoya ateliers – an eternal ode to presence, purpose, and poetic design. About Zoya Zoya, the House of Tatas exquisite diamond boutique, is India's leading brand of fine luxury jewellery. Celebrated for its exceptional artistry, masterful craftsmanship, and unique design language, Zoya curates meaningful pieces of wearable art for the discerning modern sophisticate. Rooted in India with a global perspective, each creation is a rare labour of love, inspired by narratives that celebrate the Zoya woman's journey toward her true self. As it celebrates its fifteenth year, Zoya continues to redefine the luxury jewellery experience in India. With twelve exclusive boutiques across Mumbai, Delhi, Ahmedabad, Bengaluru, Chennai, Kolkata, Pune and Hyderabad, and Zoya galleries in Mumbai, Ahmedabad, Kolkata, Chennai, and Lucknow, Zoya showcases luxury at its finest. Now, Zoya further elevates its personalized service by offering video-assisted jewellery consultations and home trials.

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