** For In focus: Captive arms of global giants in Chennai are headed by women

They are proud of their leadership role and hail the talent base in the city

Ford, Barclays and Walmart, global giants in automobile, banking and retail respectively, which have their captive arms in Chennai, share a common link. The captive arms are headed by women who are proud of their leadership role and hail the talent base here. Ford started its global captive arm, Ford Business Solutions, in Chennai in 1998. In 2019, the company consolidated its footprint across six facilities in Chennai by opening a Global Technology and Business Centre (GTBC) on a 28-acre campus with an investment of around $240 million. Currently, the Centre has over 11,000 resources and the company plans to take it to 12,000 in coming years, making it the second largest centre of employment globally for Ford, after Dearborn, Michigan, United States. The GTBC acts as a hub for product development, mobility and business services for Ford globally. “Women have always been in key leadership roles in our company, and Ford has been a pioneer in breaking such biases. Who can forget Ford employing women on the shop floor in the late 1990s when it was unheard of in the country? That inspired many others to join the ranks of our organisation and help build a diverse workforce,” said Gangapriya Chakraverti, Centre Lead, Ford Business Solutions-India. The availability of ‘exceptional talent’, along with constant encouragement and support from the government, has helped Chennai stay strong on the world map. “With strong roots in science, technology, engineering and maths (STEM) education, we today have quality talent in areas like manufacturing, product development, finance, analytics and more. In addition, the industry-friendly policies of successive governments have helped Chennai transform into an automobile, finance, and IT hub,” she said. Ms. Gangapriya pointed out that people in Chennai have strong work ethics and culture, which has led the city forward, despite its facing many natural disasters over the years. She also sees a potential for women in leadership roles. “Organisations, today, are taking deliberate steps to create gender-balanced workplaces by bringing in more diverse talent. This not just helps in creating a safe workplace but also weeds out biases that may exist. Adoption of such culture, policies and initiatives over a sustained period can certainly result in many more women leaders,” Ms. Gangapriya added. Barclays has had a significant presence in India through its banking business and Global Service Centre since 1990. The bank began its Chennai centre in 2009. It is one of its key strategic locations with teams working across finance, operations, controls, risk and HR functions. It is increasingly becoming a value creation hub providing re-engineering and process design capabilities. “I consider it a privilege to have the opportunity to lead a world-class Global Capability Centre in Chennai,” said Ms. Uma Ratnam Krishnan, Co-CEO, Barclays Global Service Centre, India. The city has many premier institutes which generate a vast talent pool every year. Increasingly “we are seeing many IT and finance professionals graduating from these institutes” and entering the workforce with a strong work ethic and an innovative mindset. Additionally, Chennai is considered the safest among the top 10 Indian cities. This helps in attracting the best women talent in the market,” she added. “Chennai Centre has time and again taught me resilience, the need to remain agile and think innovatively. There have been many situations where the centre has come together to harness the collective creativity of the organisation in order to stay at the cutting edge. All these lessons have helped me mould my leadership style so as to make it more inclusive, flexible and open to change,” Ms. Uma Ratnam said.  “For more women to enter the boardroom we need to work towards building a supportive network with men as allies, realise the importance of a healthy work-life balance and create a culture of respect where transformational ideas are valued for their uniqueness,” she said. Undoubtedly there is a huge potential for more women to take up leadership roles. At Barclays, women are given a wide array of learning opportunities, especially in the field of technology. “Many of our flagship programmes are dedicated to coding, Artificial Intelligence, machine learning, cloud computing and honing leadership skills. These programmes cater to women at all grades and aim to support colleagues in their career advancement,” Ms. Uma Ratnam pointed out. In India since 2008, Walmart Global Tech India has centres in Bengaluru and Gurugram and Chennai. The Chennai centre was opened in March 2020. It now has 1,800 employees. “I lead the Chennai centre with a focus on emerging technologies in the key areas like fintech and people tech. And as a centre head, my vision is to amplify the Walmart Tech brand in Chennai and create a very strong hub for tech talent for ourselves,” said Prashanti Bodugum, vice-president-technology and Chennai Centre Head, Walmart Global Tech India. “Our motive was to tap tech talent in and around Chennai. We have a very diverse skill set across technology and product development in Chennai also,” she added. Ms. Prashanti sees a very strong tech community in Chennai, which is also a retail hub from a technology standpoint. “So we see a large part of retail work happening in Chennai. There is a very strong manufacturing base for generations. That created a very interesting mix of diverse skill base and culture which created a very inclusive environment where we see both men and women working pretty extensively,” she added. Ms. Prashanti said having an inclusive workforce has been a focus area for her company and it runs an internship programme with a focus on bringing women on career breaks back to the workforce. In the over-three-month programme, candidates are put on internship and based on performance absorbed into Walmart Global Tech for full-time roles. The company is hiring the sixth batch in the next couple of months. The programme is a paid internship in a remote format.

source/content: thehindu.com

** IKEA India appoints Susanne Pulverer as its new CEO, CSO

Peter Betzel to take up next assignment within the IKEA Group

IKEA, the Swedish home furnishings retailer, has appointed Susanne Pulverer as its new and first woman chief executive officer (CEO) and chief sustainability officer (CSO), for its India business.

Ms. Pulverer took over from the outgoing India CEO Peter Betzel, who moved on to the next assignment within the IKEA Group. Prior to the new responsibility, Ms. Pulverer held the position of Group Business Risk and Compliance Manager at the Ingka Group, of which IKEA is part.

Ms. Pulverer joined IKEA in 1997 and has worked across different roles within IKEA. This is her third stint in India. She started her IKEA journey as Environmental Manager for the IKEA Group and moved on to IKEA of Sweden, where she held various roles in different business categories. She then moved to India in 2007 to head the purchasing function for IKEA South Asia during which she developed a strong connection and passion for India and its people.

** Pricol partners with US-based company

utomotive technology major Pricol has announced a strategic technology partnership with Sibros Technologies, a California-based company that provides Over-the-Air (OTA) connected vehicle software systems for OEMs worldwide.

A press release from Pricol said the partnership is to deliver deep connected vehicle solutions in Indian and ASEAN markets.

The connected, all-in-one platform of Sibros will complement Pricol’s suite of products on Driver Information Systems (DIS) and telematics. 

Vikram Mohan, Managing Director of Pricol said, “Connectivity and innovative mobility services are critical components of our strategy to enable software-powered products and solutions for our customers. We believe that the next generation of connected vehicles will be software and data-intensive, and will require a comprehensive suite of cloud and in-vehicle software to introduce new features and keep them updated to maximise performance, efficiency, safety and security. In Sibros, we have found an ideal partner who brings the best of Connected Vehicle suite of solutions with a global perspective.”

Pricol is a very strong player in the Indian market, and we intend to bring together complementary products, strong domain expertise, cutting edge technologies and qualified teams to create deep connected vehicle solutions,” said Hemant Sikaria, CEO and Co-Founder of Sibros Technologies, in the press release

Tamil Naduj / US

** Tirupati celebrates its 892nd birthday

Saint Ramanuja laid stone for the temple city on February 24 in 1130

With garlands of mango leaves and saffron festoons crisscrossing the four roads encircling the Sri Govindaraja temple and plantain trees adorning either side of the road, the core area of the temple city wore a festive look on its 892 nd birthday on Thursday.

According to inscriptions, it was on February 24 in the year 1130 that Vaishnavite saint Bhagawad Ramanuja laid the foundation stone for the temple and the four Mada streets around the shrine, which became the first step towards building the township.

Feb 24th / Andhra Pradesh

** KLETU ties up with Dassault to help teachers connect with students

Now, the 3DEXPERIENCE platform will enhance curriculum with research and project-based learning solutions

KLE Technological University (KLETU), a premier engineering institution, has tied up with Dassault Systèmes and has selected the 3DEXPERIENCE platform to enhance curriculum with research and project-based learning solutions.

According to a press release issued by KLETU in Hubballi, the 3DEXPERIENCE platform will help teachers connect with students and enable them to collaborate and streamline learning activities with the latest pedagogical techniques. Students will acquire in-depth knowledge and preparation in domains, through this unique industry-like environment, the release said.

Karnataka, India / France

** ‘Younger Asian societies will provide future world requirements’

India is the youngest country in the world, says Denmark Ambassador

Making a demographic comparison between Asian and Western countries, Denmark Ambassador to India H.E. Freddy Svane has said that India and other Asian societies are younger and will fulfil the world’s requirements in the days to come.

“India is the youngest country in the world. India and other Asian countries have more young population compared to the Western countries where the aged population is dominant. The future of the world relies on India which will turn into the world’s talent hub. The world needs you,” Mr. Svane said in his address to mediapersons at PDA Engineering College here on Wednesday.

He was here to inaugurate an innovation lab established at the college as part of a collaboration with Danish companies and institutes.

Karnataka / Denmark

** Roll call at Indian restaurants abroad

MTR in London, Sona in New York, Tres Ind in Dubai — with more Indian restaurants opening internationally.

Spanking new openings, however, are reporting housefuls every day, from Sona (Priyanka Chopra’s New York restaurant), MTR and Chourangi in London (the latter being Anjan Chatterjee’s Calcutta special eatery), to Très Ind in Dubai — not new but newly anointed as the number four swish space on the prestigious World’s 50 Best in MENA (Middle East North Africa). What is the reality behind the scenes? Are they finding it tougher to get staff, or is the new world order seeing (or expecting) easier hires from India, as countries with shortages make work visas easier?

** Bosch acquires 26% stake in Autozilla to ease auto spares procurement in India

Autozilla’s eCommerce platform will be integrated with Bosch’s digital platforms to enable a smooth ordering of spare parts from workshops to distributors

Bosch, a technology and services provider in the mobility ecosystem, has acquired a 26% stake in Autozilla Solutions to streamline and expand digital B2B marketplace for independent aftermarket (IAM) services in India.

Telangana-based Autozilla is a B2B eCommerce marketplace platform for auto spares, consumables, tools, garage equipment and accessories.

Karnataka / Telangana

** Biological E’s Covid-19 vaccine ‘Corbevax’ receives emergency use approval for 12-18 age group

The Drugs Controller General of India (DCGI) on Monday granted final approval to Biological E’s COVID-19 vaccine Corbevax, for children between 12-18 years of age in India.

Till now India has been administering Bharat Biotech’s Covaxin to teens between 15 and 18 years old since January 3.

The EUA, short for emergency use authorisation, for Corbevax’s restricted use in emergency among adults was cleared by the regulator Drugs Controller General of India in December 2019.

** India records highest-ever annual FDI inflow at $81.97 bn in 2020-21

India, in the last seven financial years (2014-21), has received FDI inflow worth $440.27 billion which is nearly 58 percent of the total FDI reported in the last 21 years ($763.83 billion) the Parliament was told on Friday.

India registered its highest-ever annual FDI inflow of $81.97 billion (provisional figures) in 2020-21 despite the COVID-related disruptions, Minister of State for Commerce and Industry Anupriya Patel told the Rajya Sabha in a written reply.

This indicates increasing inclination of global companies to set up their business in India, she added.

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