NIPS Hotel Management Institute: Bags No 1 Rank for Hotel Management Training


NIPS Hotel Management, Kolkata, has been ranked No.1 for Hotel Management Training by Times Best Institute for Studies West Bengal 2022-23! NIPS has also been named the top college in Eastern India by the Pioneer newspaper for four years in a row. NIPS was also awarded “Best International Placement Award” in Bangkok, Thailand for the 2019-2020 academic year. These incredible accomplishments are testament to hard work and dedication of everyone at NIPS and their sheer commitment to providing exceptional education and career prospects to their students.

 

Since 1993, NIPS has been offering a diverse range of programs across its four campuses, including three-year Degree programs, Diploma programs, 6 – 9 months Certificate programs, and Master's courses. Additionally, the institute provides students with the opportunity to earn international certificates and diplomas from reputed foreign institutes.

 

The institute is noted for assigning students to excellent internships and placements programmes, especially in nations like the USA, France, Germany and many more countries globally. Graduates from this Institute are given excellent positions in various industries, both in India and abroad, working for renowned multinational corporations such as Royal Caribbean Cruises, Carnival, American Cruise, Sodexo, and more. NIPS students are either permanently settled overseas or are employed there in nations like the US, England, France, Canada, Germany, Thailand, Singapore, New Zealand, Australia, etc.

 

Under the admirable guidance of Mr. Vivek Pathak, the Founder and Managing Director of NIPS, the modest endeavour has grown into a legacy. Emphasizing the importance of fostering students' wide ranging competences at NIPS Hotel Management, he stated, “The institution prioritizes shaping the students' personalities, sharing international exposure, and imparting valuable skills through case studies and academic progress evaluations. Our goal is to build confidence, equip students with decision-making, and get them ready for the hospitality industry.”

 

Mr Pathak has been honoured as Time Business Leader of the East, Times of India, for his significant contribution to the expansion and success of the hospitality sector. 

 

NIPS Hotel Management Institute has earned a reputation for producing top-notch executives, chefs, managers, entrepreneurs, mixologists, wine specialists, cruise managers, food and product experts, and more. Some of the students of the institute who achieved the opportunity to work at the best places and departments are Prateek Basu, currently working at the Sandals Resort as an Executive Chef in Dover, Christ Church, Barbados. Another student, Biswadip Pal is in the post of Vice President at HDFC Bank Ltd in Bangalore, India. One of the others, Anand Singh working as an Executive Chef at Crowne Plaza Nairobi Airport, Nairobi, Kenya. Rakhi Mukherjee working at Marriott Vacation Club in Bantry, Ireland. Nishut Prinja pursuing a career with Emirates in Dubai. UAE, Varun Gupta, Franchise Owner as well as Operator at Bottle O Kiara in Perth, Western Australia. Shaon Sen is an Executive Sous Chef at The Star Sydney in Sydney, Australia. Medhatithi was designated General Manager at Namah Resort – Jim Corbett, A Radisson Individual located at Uttarakhand, India. 

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(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)

Shriram Finance Interest Rates Continue to remain competitive in the Fixed Deposit Market

  • Shriram Finance offers FD interest rates up to 9.10%*p.a. inclusive of 0.50%*p.a. special interest benefit for senior citizens and 0.10%*p.a. for women investors.
  • Fixed deposits investments can be initiated with a minimum investment of ₹5000.

MUMBAI, India, March 13, 2023 /PRNewswire/ — According to Kuvera's research, nearly half of the 1.6 million investors revealed they preferred Fixed Deposits(FDs) when they wanted money within 3 years with safety. This would represent 44% of the survey's overall respondents. To beat inflation, another 23% chose to store their emergency cash in FDs.

Shriram Finance Pvt. Ltd

Mr Y.S. Chakravarti, MD and CEO of Shriram Finance states that, “The fixed deposit continues to be the instrument with the highest level of stability because the depositor is always guaranteed the maturity amount and does not run the danger of losing the principal amount. Since it is independent of the market, one can also choose to receive interest payments on a regular basis from fixed deposits. Senior citizens can also benefit from greater interest rates offered by fixed-deposit plans, along with the special senior citizen interest benefit of 0.50%p.a. Investing in a fixed deposit can prove to be ideal as it helps them during their retirement years while also guaranteeing the security of their invested funds.” Shriram Finance also offers a special interest benefit of 0.10%p.a. for women depositors in their endeavour towards encouraging women depositors take control of their own Finances.

Trusted by millions of customers, Shriram Fixed Deposit is the one of the safest investment option with attractive interest rates. Addressing the key factor that the Shriram Fixed Deposit has a higher credit-quality rating accredited by ICRA as [ICRA]AA+ (Stable)”and “IND AA+/Stable” by India Ratings and Research. These ratings imply that the organization does not default on both the principal and interest payments.

Benefits of Shriram Unnati Fixed Deposit

  • Attractive interest rates – Grow your savings with interest rates as high as 9.10%*p.a.
  • Benefits for senior citizens and women – Senior citizens get 0.50%*p.a. special benefit and women get 0.10%*p.a. special benefit which adds up to 9.10%*p.a. interest rate on fixed deposit
  • Flexible tenure – Flexible tenure options starting from 12 to 60 months
  • Flexible payout options – Flexible payout options to choose from: monthly, quarterly, half-yearly and at maturity
  • Guaranteed returns – Get steady and assured returns irrespective of market fluctuations

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)

Unlock the Magic with Croma’s Magical Summer – Save Up to 45% on Air Conditioners, Refrigerators, and Room Coolers!”

 

~ Get ready for summers with latest ACs, Coolers & refrigerators ~

~ Great discounts on air conditioners, room coolers, refrigerators, and much more ~

~ Split ACs starting at just Rs. 27,990~

 

Croma, India’s first and trusted Omni-channel electronics retailer from the Tata Group, has announced its most awaited Summer Sale, offering customers a chance to avail a host of offers on a wide range of home appliances. The expectation of early onset of summer and scorching heat and sweltering temperatures have made this Summer Sale an opportunity to get homes ready to tackle the heat.              

Customers can avail of up to 45% off on a wide range of air conditioners, room coolers, refrigerators, and much more during the Summer Sale. Croma has introduced a wide range of Air conditioners to choose from. Customers can pick from 350+ ACs, 450+ refrigerators with exchange & upgrade benefits, cashback offers and up to 18-month EMI options.

 

From split ACs starting at just Rs. 27,990 to Room Coolers starting at Rs. 5,990, and Croma Frost Free Refrigerators starting at Rs. 21,990, the Summer Sale has everything for everyone to beat the heat.  For customers seeking upgrade to larger refrigerators there are Side-by-Side 630L Convertible Refrigerators starting at just Rs. 64,990. Customers can get expert advice from staff at Croma stores for the right cooling solution which fits their need.

 

But that's not just all! The Summer Sale also offers incredible deals on Juicer Mixer Grinders, Fans, and other appliances. Croma has left no stone unturned in providing customers with the best deals and the latest technology this summer.

 

Croma's Magical Summer Sale offers customers significant discounts on a range of appliances and provides a glimpse into the last year’s hottest trends in North Indian cities. According to Croma's summer trends last year, a majority of AC buyers 59% preferred 1.5 ton, with New Delhi having the highest percentage of 75%, while 6% of buyers opted for 2-tonnage ACs, primarily in Kolkata and Gurgaon. Window ACs were most popular in New Delhi with 41% as compared to other cities. On the other hand, Frost Free refrigerators <300L saw the highest penetration in Noida 31 %, while Mumbai and Noida saw the highest penetration of Refrigerator Frost Free >400L with 16%. In the case of Side-by-Side refrigerators, Gurgaon had the highest penetration rate of 8%. Interestingly, half of the refrigerators sold were purchased using card payments.

Go and shop for your desired electronic appliances from the Summer Sale at Croma stores, croma.com or on Tata Neu. Do not miss out on this opportunity to upgrade your appliances and experience the best technology offered. Get ready to beat the heat this summer with Croma's unbeatable deals and discounts.

                

Smart appliances across price segments to help you upgrade your homes this summer

The typical scorching summers are almost here and for most Indians finding ways to beat the summers becomes a major priority. Summers are one of the longest seasons in India starting from March and extending till September in some parts of the country. Therefore, investing in high-tech appliances is one of the best ways to not only upgrade your home but also stay comfortable during the hot and humid months.

Here’s a list of the most high-tech appliances, packed with smart features that will be perfect to bear the summer heat.

Usha Onio Fans

If you are looking to upgrade/change your fans now’s the perfect time to do so as Usha has just launched the Onio Series – its biggest range of BEE 5-Star rated fans with 100% copper BLDC motors. These fans come with the promise of energy efficiency, silent operation, best-in-class air delivery, and durability, and will add a high-end premium decor feel.

Among the fans launched the Upsilon, PHI, Lambda ranges come with an RF remote and an added safety wire for enhanced protection. The Onio series of fans come with free installation and free home service for two years along with a 2-year warranty on the motor and the remote.

Hindware Spectra i-Pro 36L Personal Cooler

The IoT-enabled Personal air cooler comes with high air delivery of 1450 m³/hr and adjustable airflow control to make sure your comfort is not compromised. It is equipped with an additional ice chamber to give optimal cooling and comes with a 4-way air deflection and motorized Vertical Louvers. For ease of maintenance, it comes with honeycomb pad and has a water level indicator to alert the user before it needs a refill. Additionally, it features a stylish soft-touch panel making it easy for consumers to operate while also adding to the overall aesthetic appeal.

 Usha AEROSTYLE 100 Air Cooler

Air coolers work super efficiently during the dry scorching summer months and Usha’s Aerostyle line of air coolers offers the best of both, aesthetic design, and superior function. The Aerostyle range of air coolers is built with large 45.5 cm blade fans, powerful air throw upto 12m, and fast cooling making them the ideal addition to your home as you prep for the onslaught of summer.

The Aerostyle coolers’ superior honeycomb and ice chamber with shower distribution system guarantees a strong cooling experience and they come with humidity control and auto drain.  Additionally, their front louvres, which are fully closable help keep out dust and mosquitoes, making maintenance a breeze.

 

 

Kinouchi 5 Star Heavy Duty Pro AC

Being prepared with an efficient cooling appliance is the perfect way to beat the heat. The Kinouchi air conditioners come with supersonic cooling features that cools the room 20x faster than regular ACs. In addition to this, the series provides optimum cooling even at extreme temperatures of up to 60 degrees Celsius. The Haier Kinouchi air conditioners with Smart features lets you monitor and control the air conditioner simply on your smartphone. You can also operate the AC through your smart devices including Alexa and Google Home operational through just voice command. With the Smart Haier App you can create your own 7-day cooling schedule, get reminders on cleaning or changing filters and monitor daily energy consumption.

Coalescing ESG’s Shared Value with Business Goals for the Creation of Net-Zero Future


India has put a lot of work into establishing robust plans and activities that are in line to accomplish sustainable growth over the past year to stand out at the top in terms of its ESG commitment. Deliberating on the collective accomplishments and navigating the road ahead toward circular sustainability, ET Edge, an initiative of The Economic Times hosted the 5th Edition of The Economic Times Global Sustainability Alliance 2nd edition of ESG & Net Zero Summit 2022 on 16th December at the Taj Land’s End, Mumbai.

 

The summit witnessed the august gathering of industry stalwarts, leaders, and pioneers under one roof coming together to discuss the accomplishments as well as the way forward in the direction of ESG as an opportunity and Net-Zero’s future. 

 

Initiating the dialogue at the summit, Mr. Nadir Godrej, Chairman, Godrej Industries & Godrej Agrovet delivered an engaging address on ESG being a shared value and not a cost. He said “ESG is just not a cost. It’s a shared value and needs to combine with a business goal to create a sustainable world. Our goal is to ensure good health through sanitation, education, and environmental sustainability and we strive to achieve it by 2025.”

 

Speaking on accelerating decarbonization, Mr. Godrej stated, “As we are leading the G20, which has a common policy toward decarbonization, it’s an opportunity. We need to address cost competitiveness and accelerate decarbonization.”

 

Rajat Gupta, Senior Partner, McKinsey said, “In India, 75-80 percent of industries emit immeasurable CO2. So, it’s an opportunity for intensive decarbonization. This decade is crucial. There are 7 areas which will require work. It’s about hydrogen, material circularity, renewables, agriculture, and so on. India as a country can create around 290 billion tonnes of carbon space for the world.

 

The number of countries announcing pledges to accomplish Net-Zero emissions over the coming decades continues to grow. The COP27 opened a new historic milestone with financing loss and damage while laying the foundation for mitigation. Speaking on Carving a pathway to the Global Net-Zero Vision, Amb T.S. Tirumurti, Former Permanent Representative of India, United Nations said, “The context for climate action has indeed changed extensively in the past years. In midst of shifting world order, the energy crisis is accelerating at a rapid pace. While financing climate action, there is an innovative accounting.”

 

Technology development and transfer will be crucial to meet the COP27 commitments. We have a great opportunity to build a decarbonized India. Looking at Net-Zero, Net-Zero 2050 will be a collective global effort,” he further added.

 

Policymakers are aware of and stressing the need to conserve the environment while moving toward the next phase of growth and development and looking at the sustainable use of natural resources while making the most of the Net-Zero opportunity present in hand. Sharing his thoughts Mr. Sameer Unhale, State Mission Director, Swachh Bharat Mission, Govt. of Maharashtra said, “There is a great opportunity for collaboration and to connect with stakeholders for a collective effort towards mitigating climate change and accelerating decarbonization.

 

Over the years, with the efforts of the present government, India has developed itself as a key ally for global country partners to accomplish collective Net-Zero goals and fulfill their pledges made at COP27. Speaking on India’s prominence during the Country Leaders’ Dialogue, Diedrah Kelly, Consul General of Canada in Mumbai, India stated, “Canada is abundant in diversified energy sources and we are fortunate to have a good capacity in place to support India’s growing energy needs as well as help identify technologies to optimize the country’s capacity.

 

Achim Fabig, Consul General of the Federal Republic of Germany in Mumbai, India accentuated the long-standing relationship between Germany and India. He expressed “India and Germany go way long back in their association with green energy. We look forward to PM Modi's ambitious capacity generation mission by 2040.”

 

Among the ESG-trendsetters who were present at the event were IBM, Jindal Steel and Power, Bayer, ERM, Capgemini, Ramboll, and Corteva.

 

Arun Biswas, Managing Partner for Sustainability Consulting, IBM Consulting Asia-Pacific stressed the need for aligning innovation and sustainability. He said, “It is important to think about the next set of innovations in terms of technology to take forward the decarbonization journey. Sustainability will necessitate enablers and products that are less carbon-intensive will be key in addressing many environmental issues.

 

Speaking on the need for advancement in green technology to enable energy transformation, Naveen Ahlawat, Head of Coal Gasification Projects, Green Hydrogen CCSU, Head Marketing-Coal Chemical Business, Jindal Steel & Power stated, “We aim to leverage blue hydrogen for our plant operations. There are a lot of options that are explored for the same. As for green hydrogen, availability is the need of the hour. The Indian steel industry has done a commendable job of embracing green steel manufacturing which is sustainable and holds a future that will be optimized yet sustainable. We must work in the right direction and have a long way to go.”


(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)

IMA Student Case Competition 2023 India Finals Come to a Close

Indian Institute of Management, Indore emerged as the winners in the competition

BANGALORE, India, March 10, 2023 /PRNewswire/ — IMA® (Institute of Management Accountants) India Private Limited culminated months of an intensive Student Case Competition in a final that saw six teams from India presenting against each other. Indian Institute of Management, Indore came in first place followed by first runners up Christ (Deemed to be University) Bangalore. 

Winners of IMA India Student Case Competition 2023

The competition, announced last year, saw teams from India winning over their peers in the regional championship that included finalist teams shortlisted from 26 entries received from 17 universities in India.

“The talent, dedication, and innovative thinking showcased by the participating teams in this year's competition were truly remarkable,” said Pranesh Krishnan, Director of Operations at IMA India Private Limited. “It was inspiring to witness the breadth of knowledge and skills demonstrated by the students as they tackled complex challenges and presented their solutions to our expert panel. We are confident that these young minds will continue to push boundaries and make a positive impact on the world around us. Congratulations to all the teams for their outstanding achievements.”

The winners were selected through a rigorous selection process overseen by a jury of finance and accounting professionals and IMA leaders from around the world. As part of the competition, university students were challenged to demonstrate their analytical skills, strategic foresight, and creativity in teams of three to five members, formulating their cases and in turn, presenting their work to a panel of management accounting experts.

Over the years, IMA has challenged thousands of students from some of the top universities around the world and found a growing appetite among students looking to demonstrate their capabilities to take on big business problems. For its 11th year, IMA invited eligible students from the region to solve a business case titled: Kunapipi Gardens: Transfer Pricing in the Service Industry.

The IMA India Student Case Competition has received major praise by top multinationals in the region such as Gleim CMA Review, Miles Education, Financial Planning Academy, Zell Education, and Hock International who have come forward to support students in their journey, as Title, Platinum, and Gold sponsors respectively. 


(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)

Amneal strengthens commitment in India as Co-CEO Chirag Patel leads the Healthcare and Pharmaceuticals Sector Working Group within the U.S.-India CEO Forum

Amneal Pharmaceuticals, Inc. (NYSE: AMRX) announced the company’s Co-founder and Co-CEO Chirag Patel’s appointment as U.S. Chair of the Healthcare and Pharmaceuticals Sector Working Group within the U.S.-India CEO Forum by U.S. Department of Commerce Secretary Gina M. Raimondo.  Mr. Patel will join CEOs from a number of other industries in the Forum, which is being organized by the U.S. Department of Commerce and India Ministry of Commerce and Industry in New Delhi, India on March 10, 2023. The forum will bring CEOs and government officials from both countries together to share their vision on the growth opportunities between the United States and India.

Amneal Pharmaceuticals is a leading U.S.-based affordable medicines company with a longstanding R&D and manufacturing footprint in India. The company also recently expanded its presence with the initiation of its India commercial operations in October 2022.

“It is an honor for me to have been appointed by Secretary Raimondo to help lead this significant public-private endeavor on behalf of the healthcare and pharma sector. The deep roots and expanding investments by Amneal in both countries will be crucial in ensuring that patients in India, the United States, and elsewhere can get access to high-quality, affordable medicines. We have already invested over USD 500 million in India and continue to explore opportunities to extend partnerships with government and other stakeholders to deliver outcomes that address unmet medical needs. Through this forum, we look forward to strengthening economic partnerships while also working together to resolve critical business challenges faced by the healthcare/pharmaceutical industry across both rapidly growing countries “ said Chirag Patel, co-founder and co-CEO of Amneal Pharmaceuticals and Chair, Healthcare and Pharmaceuticals Sector Working Group, U.S.-India CEO Forum.

The CEO Forum is convened as a platform to allow private sector members to develop and provide recommendations to the Indian and U.S. governments and their senior officials that reflect private sector views, needs, concerns, and suggestions about the creation of an environment in which their respective private sectors can partner, thrive, and enhance bilateral commercial ties to expand trade and economy

While Amneal continues its growth journey in the U.S. pharmaceutical industry, the company is deeply committed to expanding in India and has been strengthening its long-term investment in the country by:

        Continuing its strong manufacturing presence in India with 9 facilities located across Ahmedabad, Hyderabad, Vishakhapatnam and Dahej.

        In October 2022, the company started its commercial operations in India, focused on critical care business, and will be bringing to market an innovative portfolio for Ophthalmology, Oncology, Rare Diseases and CNS therapy areas.

        Enhancing Indian R&D and manufacturing capabilities with investment of over $500 million since 2008, including the 2021 acquisition of Puniska Healthcare’ world-class injectables manufacturing facility and building a biopharmaceutics manufacturing capacity for India and global market.

        Advancing and expanding a highly skilled R&D and manufacturing workforce of over 5,200 employees in India.

        Maintaining Amneal’s foundational commitment to global quality manufacturing, providing world-class quality affordable medicines for improved patient outcomes in India.

 

Allstate India joins Kincentric Best Employers Club

BANGALORE, India, March 10, 2023 /PRNewswire/ — Allstate India is proud to announce its membership in the Kincentric India Best Employers Club for the year 2023. This exclusive club recognizes organizations that have consistently demonstrated their commitment to building differentiated experiences for their employees.

Membership in the Kincentric India Best Employers Club is based on a rigorous evaluation process that includes a review of the last three years' certifications and an in-depth analysis of the people processes in place. This evaluation is designed to understand the longevity of the initiatives and practices that member organizations have put in place to create a positive employee experience.

“We are honored to be a part of the Kincentric Best Employers Club,” said Chetan Garga, Managing Director and Senior Vice President of Allstate India. “Our people are our most valuable asset, and we are continuously improving the workplace experience.”

Kincentric measures organizations on employee engagement, agility, leadership, and talent focus. It does a rigorous review of three years of certifications, plus a comprehensive analysis to determine the longevity of initiatives and practices. Allstate India was also recognized as Kincentric Best Employer in 2020 and 2021.

Allstate India was also recently recognized by People Business as one of the Top 50 Companies with Great Managers in India for its commitment to managerial excellence. The recognition highlights Allstate India's efforts to develop strong leadership capabilities and promote continuous learning and development among its managers.

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)

Advanced Fully Automatic Robotic Joint Replacement Surgery Unit inaugurated at Sahyadri Hospitals

PUNE, India, March 9, 2023 /PRNewswire/ — Sahyadri Hospitals, today inaugurated an advanced Robotic Joint Replacement Surgery Unit. The state-of-the-art facility of Sahyadri Hospitals Kothrud was inaugurated at the hands of former cricketer Zaheer Khan in presence of Former Mayor Pune, Shri Murlidhar Mohol. The inauguration was followed by a special talk show 'Ek Tappa with Zaheer Khan' and Dr. Abhijit Agashe, Robotic Joint Replacement Surgeon, hosted by well-known compere Sudhir Gadgil where Zaheer hir Khan shared some key tips to stay fit.

Well-known compere Sudhir Gadgil, Robotic Joint Replacement Surgeon Dr. Abhijit Agashe, former cricketer Zaheer Khan, former mayor Murlidhar Mohol and physician Dr. Atul Joshi, Sahyadri Hospitals

Zaheer Khan said, “The injuries during Australia tour and later before the friendship series was a challenging phase in my career. One finds it difficult to deal with such injuries and return back to the field. Talking about his Pro-Sports Fitness initiative, he added, “At the highest level apart from dealing and recovering from injuries; one must be able to give more than 100% on the field again. The center was started to help deal with such injuries and make it accessible to all.

Speaking on the occasion, Dr. Abhijit Agashe, Robotic Joint Replacement Surgeon at Sahyadri Hospitals said, “Wear and tear in the joints is a common problem with age. Robotic systems have reduced human intervention and increased accuracy in the procedure, resulting in better outcomes and significant improvement in the quality of life of patients.

He revealed that accuracy is achieved through many factors. Artificial intelligence, automation, reduced human intervention in the system, accurate assessment of the overall position due to pre-operative 3D imaging, surgical preparation can result in better accuracy in actual surgical procedures. All this can lead to minimal bleeding, shorter hospital stays and faster recovery.

Dr. Agashe added, “The newly introduced Robotic Joint Replacement System at Sahyadri Hospitals is most advanced in technology and is a fully automatic robotic unit. With such an advanced system, procedures can be performed accurately even in complex and challenging conditions.

Amruta Sane, Unit Head at Sahyadri Hospitals Kothrud said, “The most advanced technology is now made available at reasonable cost ,with joint replacement packages ( including implant) starting from 2 lacs. This new technology will certainly add quality to life after joint replacement.


(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)

Pernod Ricard India toasts the success of an inclusive workplace with over 40% women representation in India leadership

·         Achieves 100% diversity at Pernod Ricard India Foundation (PRIF) constituting women and PWD (specially-abled) in their workforce

·         Accelerates IDE agenda by achieving over 50% diversity at shop floor in 15 of their 27 manufacturing units in India in line with the global IWD theme of embracing equity

 

Pernod Ricard India (PRI), a global leader in the wine and spirit industry, celebrated the milestone of being a gender equitable organization with more than 40% women representation in its leadership. Accelerating the realization of the organisation’s diversity goals for 2030, the company has enhanced its recruitment processes, introduced multiple interventions and programs across its operations in the last two years. As a result, Pernod Ricard India has achieved a significant increase in diversity yardstick with 50% of all new employees being diversity candidates in the last one year. Representing strong, diverse voices and perspectives at every level, the company also marked 50% representation of women and diverse workforce on the shop floor in over 15 of their 27 manufacturing units in India. Aligned to the United Nations Sustainable Development Goals (UNSDGs) and company’s 2030 roadmap, this IDE milestone follows a long-standing commitment to driving inclusion of all genders, abilities and other intersectionalities in the workplace.

 

Speaking on this International Women’s Day, Nitu Bhushan, CHRO, Pernod Ricard India said, We began our Inclusion, Diversity & Equity (IDE) journey in 2020 with a strong ambition and an aim to set industry benchmarks for more organizations to follow. We believe that promoting an inclusive culture, diversity of thought and equity among our employees can unearth insights that can potentially spur exponential business growth. Our dedication to establishing a diverse workplace through numerous high-impact policies, sensitization and mentorship programs is designed to nurture an environment where employees feel secure, grow, and bring their true selves to work. We are thrilled to have made a strong start and we will continue to further our vision of fostering an inclusive and convivial workplace for people beyond genders.”

 

Diversity, Inclusion and Equity is central to Pernod Ricard India’s strategic framework. Setting a stellar example of this commitment, Pernod Ricard India Foundation, the CSR arm of the company, is today being led by 100% diverse workforce constituting women and persons with disabilities (PWD). This year the company has also achieved 70% diversity at shopfloor in its workforce across 8 of 27 manufacturing units in India.  

 

Speaking on gender equitable workforce, Zainab Patel, Chief- IDE, Pernod Ricard India said “Gender equity is positively correlated with the profitability of a company, value creation and outperforming competitors. Companies with more women on their boards tend to outperform their competitors in return on equity, return on sales, return on capital, share performance, and stock price growth – this is the IDE story at Pernod Ricard India”.

 

To further its IDE agenda, Pernod Ricard India has rolled out immersive training sessions, sensitization, and mentorship programs to drive inclusivity and equity across the ecosystem. Initiatives such as gender-neutral washrooms, disability accessibility space, wellness and faith room for employees are part of the larger ID&E goal of the company. To enable an empowering work environment for LGBTQI+ employees, programs such as Redressal Group, Allyship Program with Pride Circle, Employee Resource Group for the community members and Micro-learning Capsule for sharing pride journey have been instituted. Apart from this, the company has also formed IDE Council which is chaired by the MD of the company and focuses on aspects such as career after break, skilling, unique mentorship programs and other inclusivity programs for women and people with disabilities.

To make it big this International Women’s Day, this council has introduced ‘Back to Spirit’ initiative for women who have taken a break from their career and want to get back to work. In the next phase, this program will be extended to members of all genders and orientations. Taking cognizance of existing sub-conscious biases against LGBTQI+ community, the company has also worked on modules that educate the employees on language and drama-based training to sensitive employees across the ecosystem. To make the workplace more inclusive for PWDs, the company has structured audits that help in identifying roles for specialized skill opening doors for the community members- while bringing them into mainstream employment.

 

Pernod Ricard India has long been challenging stereotypes and writing its own story in the traditionally male-dominated alco-bev industry. The company will continue to advance diversity narrative by stepping up its efforts to establish a fair, balanced, and convivial workplace.