Flipkart Announces Big Billion Days 2026 with 'Luck Badal Sakta Hai' Campaign

The campaign builds on last year’s ‘Yahan Kuch Bhi Ho Sakta Hai’, bringing a new twist to Flipkart’s flagship festive event

The main campaign film features Rohit Sharma, Sreeleela, Aneet Padda, Jackie Shroff and Samay Raina, as an ordinary day takes a series of unexpected turns

Big Billion Days 2026 kicks off with early access on 8 October 2026, bringing customers across India a festive season of discovery, value and celebration

Bengaluru, 16 September 2026: Flipkart, India’s homegrown e-commerce marketplace, today announced Big Billion Days 2026, its flagship festive event, with early access beginning on 8 October 2026. The announcement marks the launch of its new campaign, ‘Luck Badal Sakta Hai, Yahan Kuch Bhi Ho Sakta Hai’. Building on last year’s ‘Yahan Kuch Bhi Ho Sakta Hai’, the campaign takes the idea further, bringing a new twist to the unexpected moments and possibilities that define Big Billion Days. 

The campaign’s main film brings this idea to life through the story of an ordinary young man caught in a streak of bad luck, reliving the same ill-fated day on a loop. As his Flipkart purchases during Big Billion Days change the course of each encounter, moments of misfortune turn into unexpected strokes of luck. The film features Rohit Sharma, Sreeleela, Jackie Shroff, Aneet Padda and Samay Raina, who appear at different points in the protagonist’s reset day.

Pratik Shetty, Vice President and Head of Growth and Marketing, Flipkart, said, "Last year, ‘Yahan Kuch Bhi Ho Sakta Hai’ captured the unexpected moments that make Big Billion Days special. This year, we wanted to take that idea a step further and explore what happens when those unexpected moments actually change your luck. ‘Luck Badal Sakta Hai’ brings that thought to life through a story that is relatable, entertaining and rooted in the role that shopping can play in changing an everyday moment. The campaign brings together familiar faces and unexpected twists to create a distinctly Big Billion Days experience for our customers.”

The campaign has been conceptualised by Leo Burnett.

Link to the full film: https://www.youtube.com/watch?v=AatGYlKbSKs

About the Flipkart Group

The Flipkart Group is one of India’s leading digital commerce entities with a strong technology-first foundation and includes group companies Flipkart, Myntra, Flipkart Wholesale, Cleartrip, and super.money. Established in 2007, Flipkart has enabled millions of sellers, merchants, and small businesses to participate in India's digital commerce revolution. With a registered user base of more than 500 million, Flipkart’s marketplace offers over 150 million products across 80+ categories. Today, there are over 1.4 million sellers on the platform, including Shopsy sellers. With a focus on empowering and delighting every Indian by delivering value through technology and innovation, Flipkart has pioneered services such as Cash on Delivery, No Cost EMI, Easy Returns, and UPI payments. Beyond shopping, Flipkart continues to create jobs, empower entrepreneurs, and strengthen India’s digital economy.

Flipkart Creates Over 2.5 Lakh Employment Opportunities This Festive Season, Including 75,000 First-Time Workforce Entrants

Flipkart Creates Over 2.5 Lakh Employment Opportunities This Festive Season, Including 75,000 First-Time Workforce Entrants

Nearly 30% of the 2.5 lakh employment opportunities are for first-time workforce entrants, creating pathways into formal employment across communities in India

60% of new opportunities are in last-mile delivery, supported by 900+ new festive delivery hubs and growing demand across Tier 2 and Tier 3 markets

Women now represent over 20% of Flipkart’s supply chain workforce, while nearly 10,000 people have received certifications through Flipkart’s Supply Chain Operations Academy

Bengaluru, 15 September 2026: Flipkart, India’s homegrown e-commerce marketplace, today announced the creation of more than 2.5 lakh direct and indirect employment opportunities, including gig workers, for the festive season. Nearly 75,000 of these opportunities, close to 30%, are for people entering the workforce for the first time, creating pathways into employment across communities in India. These opportunities span more than 7,000 Ekart facilities across the country, including fulfilment centres, sortation hubs and last-mile delivery operations.

With over 900 new festive delivery hubs and nearly 1.4 lakh additional last-mile employment opportunities, Flipkart is expanding its delivery network to meet rising customer demand ahead of Big Billion Days. Last-mile opportunities account for 60% of the new employment created this season, reflecting the expansion of Flipkart Minutes as well as growing demand across Tier 2 and Tier 3 markets.

The expansion is also creating greater opportunities for women and persons with disabilities across Flipkart’s supply chain. Women now represent over 20% of supply chain roles, while participation of persons with disabilities has increased across warehouse and delivery operations.

Rajneesh Kumar, Chief Corporate Affairs Officer, Flipkart Group, said, "Commerce at scale creates opportunity at scale, across jobs, livelihoods and entrepreneurship. The nearly 75,000 people entering the workforce for the first time through Flipkart this festive season are one part of that larger ecosystem. As digital commerce grows across India, our responsibility is to ensure that this growth creates pathways into employment and entrepreneurship for more people, including communities that have historically had fewer opportunities to participate in the formal economy. Our work with the Ministry of Skill Development and Entrepreneurship, NCVET and ITI Kalyani through SCOA is aimed at creating those pathways, so that people can build skills and careers alongside the growth of the sector."

Hemant Badri, Senior Vice President, Supply Chain, Customer Experience and Re-Commerce, Flipkart Group, said, “The festive season brings together the full scale of India’s commerce ecosystem, and our supply chain plays a critical role in making that possible. This year, we are expanding our fulfilment and last-mile network significantly to meet rising customer demand, while creating employment opportunities across the country. The addition of over 900 festive delivery hubs and nearly 1.4 lakh last-mile opportunities reflects the scale at which the network is growing, particularly as Flipkart Minutes expands and demand continues to deepen across Tier 2 and Tier 3 markets.”

Flipkart’s Supply Chain Operations Academy (SCOA) has awarded nearly 10,000 certifications ahead of the festive season, with trainees gaining hands-on experience across supply chain operations. The programme is delivered in partnership with the Ministry of Skill Development and Entrepreneurship, NCVET and ITI Kalyani.

Flipkart’s marketplace ecosystem also enables millions of sellers, merchants and small businesses to reach customers across India, creating opportunities for entrepreneurship and participation in the country’s growing digital commerce economy. 

Flipkart also continues to support its supply chain workforce through programmes including medical and accident insurance, 24x7 Doctor on Call and support for e-Shram registration.

About the Flipkart Group

The Flipkart Group is one of India’s leading digital commerce entities with a strong technology-first foundation and includes group companies Flipkart, Myntra, Flipkart Wholesale, Cleartrip, and super.money. Established in 2007, Flipkart has enabled millions of sellers, merchants, and small businesses to participate in India's digital commerce revolution. With a registered user base of more than 500 million, Flipkart’s marketplace offers over 150 million products across 80+ categories. Today, there are over 1.4 million sellers on the platform, including Shopsy sellers. With a focus on empowering and delighting every Indian by delivering value through technology and innovation, Flipkart has pioneered services such as Cash on Delivery, No Cost EMI, Easy Returns, and UPI payments. Beyond shopping, Flipkart continues to create jobs, empower entrepreneurs, and strengthen India’s digital economy.

 For media queries, please write to: media@flipkart.com 

National Stock Exchange of India Limited’s Initial Public Offering to Open on 17th September 2026, Price Band set at Rs 1,700 – Rs 1,785 Per Equity Share of face value of Rs. 1 each

Price band of Rs 1,700 – Rs 1,785 per Equity Share bearing face value of Rs. 1 each (“Equity Shares”)

Anchor Investor Bidding Date – 16th September 2026

Bid/Offer Opening Date 17th September 2026 and Bid/Offer Closing Date 21st September 2026

Minimum Bid Lot is 8 Equity Shares and in multiples of 8 Equity Shares thereafter

11 September, Mumbai: National Stock Exchange of India Limited has fixed the price band of Rs 1,700/- to Rs 1,785/- per Equity Share of face value Rs. 1/- each for its initial public offer.

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on 17th September 2026, for subscription and close on 21st September 2026.

Investors can bid for a minimum of 8 Equity Shares and in multiples of 8 Equity Shares thereafter.

Equity shares outstanding as on date 2,475,000,000 equity shares of Rs. 1 each.

The IPO, with a face value of Rs 1, is an offer-for-sale up to 126,436,650 equity shares by corporate selling shareholders - State Bank of India, Canada Pension Plan Investment Board, Aranda Investments (Mauritius) Pte Ltd, MS Strategic (Mauritius) Ltd, The New India Assurance Company Ltd, SBI Capital Markets Limited (SS), Bank of Baroda, Stock Holding Corporation of India Limited, General Insurance Corporation of India Limited, and United India Insurance Company Limited. 

The issue is being made through the book-building process, in line with SEBI ICDR Regulations, with no more than 50% reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for Retail Individual Investors (RIIs).

National Stock Exchange of India (NSE) began its operations in 1994 and was the first exchange in India to implement electronic or screen-based trading. NSE has a fully integrated business model comprising exchange listings, trading services, clearing and settlement services, indices and market data feeds. NSE also oversees compliance by trading, clearing members and listed companies with the rules and regulations of SEBI and the exchange. NSE is a pioneer in technology and ensures the reliability and performance of its systems through a culture of innovation and investment in technology. NSE is the world’s largest derivatives exchange by trading volume (contracts) for calendar year 2025 as per the statistics maintained by Futures Industry Association (FIA). NSE is ranked third in the world in equity segment by number of trades (electronic order book) in 2025, as per the statistics maintained by World Federation of Exchanges (WFE).

NSE has been the largest stock exchange in India in terms of total turnover in cash market and total turnover in equity derivatives (based on notional turnover for equity options) from Fiscal 20011 to Fiscal 2026 and the three months period ended June 30, 2026, and have also been the largest stock exchange in India in terms of total turnover in exchange-traded currency derivatives (based on notional turnover for currency options) from Fiscal 20092 to Fiscal 2026 and three months period ended June 30, 2026, according to the Redseer Report. 

According to World Federation of Exchanges, compared to the leading listed stock exchange groups globally, the company is the largest multi-asset class exchange in terms of number of trades in cash equities and contracts traded in equity derivatives in Fiscal 2026 and the three months period ended June 30, 2026, with a global market share of 11.38% in number of trades in cash equities and 51.18% in contracts traded in equity derivatives in Fiscal 2026, and a global market share of 10.68% in number of trades in cash equities and 50.22% in contracts traded in equity derivatives in the three months period ended June 30, 2026. 

The company is a “first level regulator” in India, and in that role are committed to providing equal, unrestricted, transparent and fair access to the stock market to all market participants, including investors, issuers and intermediaries, while maintaining orderly and efficient market functioning and safeguarding investor interests.

Its Unique Registered Investors base has grown at a compounded annual growth (CAGR) of 26.23% from 30.87 million as of March 31, 2020 to 132.37 million as of June 30, 2026, while the aggregate Market Capitalisation of Listed Entities on its platform (Mainboard and EMERGE) grew at a CAGR of 25.89% during the same period. 

In the three months period ended June 30, 2026, and in Fiscal 2026, Total Fund Mobilisation of ₹6.19 trillion and ₹20.33 trillion was raised through its platform, respectively. Investors on the stock exchange span over 99% of Indian postal codes as of June 30, 2026, thereby democratising access to financial opportunities. As of June 30, 2026, the company supported 261.36 million registered investor accounts, 1,328 trading members, 132.37 million Unique Registered Investors and 3,005 Listed Entities with a Market Capitalisation of Listed Entities of ₹474.08 trillion.

As of Fiscal 2026 and three months period ended June 2026, the company maintains leading market share positions in India across key asset classes, with market share of 92.99% and 93.05%, respectively, in cash market (based on total turnover), 99.79% and 99.72%, respectively, in equity futures (based on total turnover), 74.71% and 68.48%, respectively, in equity options (based on premium turnover), 99.48% and 100.00%, respectively, in exchange traded currency futures (based on total turnover), 100.00% and 100.00% for exchange-traded currency options (based on total premium turnover), according to the Redseer Report. Further, it had a market share of 85.65% and 81.15%, respectively, in value of trades in listed and unlisted corporate bonds (executed on over-the-counter (OTC), request for quote (RFQ) and anonymous platform and settled through clearing corporations in India) in Fiscal 2026 and three months period ended June 2026, according to the Redseer Report.

The company has also established key market institutions to create a holistic ecosystem and serve as a one-stop platform for trading, listing and settlement. Its non-trading businesses provide complementary revenue sources and serve market participants' diverse needs, as described below:

Clearing and settlement - It established NSE Clearing Limited (NCL) in August 1995 for offering clearing and settlement services in India.

Indices - It commenced offering index services in May 1998 and currently provide these services through NSE Indices Limited (NSE Indices) 

Data analytics, news and market updates - It established NSE Data and Analytics Limited (NSE DAL) in June 2000 to offer data analytics services, providing comprehensive real-time market data, benchmark data, fixed income valuations and analytical tools to institutional investors, asset managers and regulators.

Foreign currency denominated trading – It established NSE International Exchange (NSEIX) as a subsidiary of the company in Gift City in November 2016 in GIFT City to enable Indian and foreign entities to trade in foreign currency-denominated securities and financial products, and access international financial markets, allowing trading for nearly 21 hours a day

The company provides a robust, scalable and secure platform for market participants and investors. It continuously adapts its technology infrastructure to meet investor needs and evolving market requirements. Its platform processed an average of 12.46 billion messages daily during the period from April 1, 2024 to June 30, 2026, with 21.89 billion peak order messages processed in a single day on March 24, 2026, on which date 201.00 million trades were executed and on June 4, 2024, its platform processed a total of 293.85 million peak trades in a single day. 

The platform can also process nearly 5 million messages per second with microsecond response time for cash market, equity derivatives and exchange-traded currency derivatives. 

In the three months period ended June 30, 2026, and in Fiscal 2026, the company enabled the capital mobilisation of over ₹1.29 trillion and ₹4.78 trillion in equity capital and facilitated total fund mobilisation of ₹6.19 trillion and ₹20.33 trillion through its platform, respectively, which it believes is evidence of its central role in India's capital formation architecture.

Its revenue from operations was Rs 4,560 crore for the June 2026 quarter as compared to Rs 4,032 crore a year earlier. Its net profit was Rs 3,121 crore in the June 2026 quarter as compared to Rs 2,811 crore a year earlier.

Kotak Mahindra Capital Company Limited, JM Financial Limited, Morgan Stanley India Company Private Limited, Citi Global Markets India Private Limited, HSBC Securities & Capital Markets India Private Limited, JP Morgan India Private Limited, SBI Capital Markets Limited, Anand Rathi Advisors Limited, Avendus Capital Private Limited, Axis Capital Limited, DAM Capital Advisors Limited, Equirus Capital Limited, HDFC Bank Limited, ICICI Securities Limited, IDBI Capital Markets & Securities Limited, IIFL Capital Services Limited, Motilal Oswal Investment Advisors Limited, Nuvama Wealth Management Limited, Pantomath Capital Advisors Private Limited and 360 ONE WAM Limited, are the book-running lead managers.

MUFG Intime India Private Limited is the registrar to the issue.

The equity shares are proposed to be listed on BSE.

National Stock Exchange of India Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed a red herring prospectus dated 10th September, 2026, with the RoC. The RHP is made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLM, https://investmentbank.kotak.com/, https://www.jmfl.com/, https://www.morganstanley.com/about-us/global-offices/asia-pacific/india, https://www.citigroup.com/global/about-us/global-presence/india/cgm-india, https://www.business.hsbc.bank.in/en-gb/regulations/hsbc-securities-and-capital-market, https://indiaipo.jpmorgan.com/, https://anandrathi.com/, https://www.avendus.com/, https://www.axiscapital.co.in/, https://www.damcapital.in/home.aspx, https://www.equirus.com/, https://www.hdfc.bank.in/, https://www.icicisecurities.com/, https://idbicapital.com/index.asp, https://www.iiflcapital.com/, https://www.motilaloswal.com/, https://www.nuvamawealth.com/, https://www.pantomathgroup.com/, https://www.360.one/, the website of the NSE at www.nseindia.com and the website of the BSE at www.bseindia.com and the website of the Company at www.nseindia.com. 

Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, please see the section “Risk Factors” beginning on page 26 of the RHP. Potential investors should not rely on the DRHP for making any investment decision but should only rely on the information included in the RHP filed by the Company with the RoC.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, OUTSIDE INDIA. The Equity Shares offered in the Offer have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any other applicable law of the United States and, unless so registered, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, the Equity Shares are being offered and sold (a) within the United States only to persons reasonably believed to be "qualified institutional buyers" (as defined in Rule 144A under the U.S. Securities Act) in transactions exempt from, or not subject to, the registration requirements of the U.S. Securities Act; and (b) outside of the United States in offshore transactions as defined in and in compliance with Regulation S under the U.S. Securities Act ("Regulation S") and the applicable laws of the jurisdiction where those offers and sales are made.

Disclaimer Clause of Securities and Exchange Board of India (“SEBI”): SEBI only gives its observations on the offer documents, and this does not constitute approval of either the Issue or the specified securities stated in the Offer Documents. The investors are advised to refer to page 470 of the RHP for the full text of the disclaimer clause of SEBI.

Disclaimer Clause of BSE: It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the RHP has been cleared or approved by BSE Limited, nor does it certify the correctness or completeness of any of the contents of the RHP. The investors are advised to refer to page 475 of the RHP for the full text of the disclaimer clause of BSE.

Horlicks Launches Protein Powder

Horlicks Launches Protein Powder, Bringing Protein into Everyday Nutrition

With 24 g fermented yeast protein and 4 g prebiotic fibre per serve, the new single-serve format is designed to make protein more practical for everyday routines

National, 11th September 2026: Protein is no longer confined to gyms and workout routines, as consumers increasingly look to make it part of their everyday nutrition. As lifestyles get busier and awareness around protein grows, the need is shifting towards quality nutrition that can fit easily into daily routines.

Tapping into this shift, Horlicks has launched Horlicks Protein Powder, designed to make quality protein convenient and easy to integrate into everyday life.

Each serving delivers 24 g of protein and 4 g of prebiotic fibre, in convenient single-serve sachets designed for work, travel and days on the move.

Speaking on the launch, Rajneet Kohli, Executive Director, Foods, Hindustan Unilever Limited, said, “Horlicks has a legacy of over 100 years, built on strong science and nutrition credentials. As we continue to evolve with the changing needs of consumers, protein is a natural extension for the brand. We see an opportunity to make it more relevant and accessible for everyday lifestyles. When we spoke to consumers, one insight that really stood out was that ‘life is a gym’, whether it is rushing through a busy workday, navigating a long commute, carrying groceries or simply keeping up with everything the day demands. This insight led to our larger thought, ‘Your Day Is the Real Workout.’ With Horlicks Protein Powder, our ambition is to make quality protein easier to incorporate into the everyday lifestyles of millions of Indians.”

At the heart of Horlicks Protein Powder is fermented yeast protein, a complete protein source that provides all nine essential amino acids required by the body and is also gut-friendly. The finished product has a PDCAAS (Protein Digestibility-Corrected Amino Acid Score) score of 1.0. The formulation also contains inulin, a prebiotic fibre, and papain, a plant-derived digestive enzyme. In addition, fermented yeast protein is naturally lactose-free. Commenting on the science behind the formulation, Sujatha Jayaraman, Vice President & Head, Foods R&D & Regulatory Affairs, Hindustan Unilever Limited, said, “As consumers become more aware of protein, the conversation also needs to move from simply how much protein a product contains to the quality and completeness of that protein. That thinking shaped the science behind Horlicks Protein Powder. Fermented yeast protein provides all nine essential amino acids, while the finished product has a PDCAAS score of 1.0, a recognised measure of protein quality and digestibility. We have complemented this with inulin, a prebiotic fibre and papain, a plant-derived proteolytic enzyme that aids protein digestion. The result is a science-led formulation that brings together high-quality complete protein with ingredients selected to support protein digestion and gut-friendly nutrition in one product.”

While protein has traditionally been associated with fitness and performance-led nutrition, Horlicks Protein Powder has been developed around a broader reality: everyday life itself can place demands on nutrition and strength. Moving between work and social plans, travelling, spending hours on the road or simply fitting more into the same day can all shape what consumers need from convenient nutrition.

The launch builds on Horlicks’ belief that “Your Day Is the Real Workout”, recognizing the effort that goes into everyday moments that may never look like traditional exercise. Horlicks Protein Powder aims to make quality protein a more natural and accessible part of these modern routines.

Horlicks Protein Powder comes in a convenient format with 28 individual single-serve sachets in each 1 kg pack, removing the need to measure scoops and making it easy to carry and consume through the course of the day. It is available in three variants: Chocolate, Coffee and Unflavored.

The new Horlicks Protein Powder is now available across retail outlets and select online platforms in India.

*Celebrate Ganesh Chaturthi by expressing your creativity with Free Adobe Express Premium*

*Mumbai, Sept 10, 2026:* Ganesh Chaturthi has evolved into one of India's most social festivals, with people sharing everything from pandal visits and home decorations to aarti moments, family gatherings and festive greetings across social media platforms. Today, celebrations are not just experienced in person but are also captured, created and shared digitally.

*With a customer-first approach, Airtel continues to go beyond delivering best-in-class digital benefits that help customers stay connected, express themselves creatively, and share what matters most.*

This festive season, Airtel customers can add a creative edge to their social media celebrations with free Adobe Express Premium. https://www.youtube.com/watch?v=tT0OLT0bHfA *Customers who have not yet claimed their benefit can still activate their Adobe Express Premium access until January 2027.*

With access to premium templates, AI-powered creative tools, images, fonts and design assets, customers can quickly create festive content that stands out across Instagram, Facebook, WhatsApp and other social platforms.

*This Ganesh Chaturthi, customers can:*

• Create personalised festive greetings instead of generic forwards and make every wish more meaningful.

• Design Instagram Stories and Reels showcasing Ganpati decorations, aarti celebrations and family moments.

• Build eye-catching digital invites for community events, society celebrations and festive gatherings.

• Turn darshan moments into share-worthy posts with creative edits, effects and festive themes.

• Create highlight videos and memory reels capturing the journey from Ganpati Sthapana to Visarjan.

As customers increasingly use social media to celebrate and connect, Adobe Express Premium enables them to create content that is more personal, engaging and reflective of their unique celebrations.

The collaboration reflects Airtel's broader commitment to enriching customer experiences beyond connectivity by combining a best-in-class network with innovative digital partnerships. Together, Airtel and Adobe are empowering customers to create, share and celebrate every festive moment with greater creativity and impact

Hero Motors Limited’s Initial Public Offering to open on Wednesday, 16 September, 2026, price band set at Rs 79 – Rs 84 per Equity Share

 

Mumbai, 10 September, 2026: Hero Motors Limited has fixed the price band of ₹ 79- to ₹ 84 - per Equity Share of face value ₹10/- each for its maiden initial public offer. 

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Wednesday, 16 September, 2026, for subscription and close on Friday, 18 September, 2026. Investors can bid for a minimum of 178 Equity Shares and in multiples of 178 Equity Shares thereafter.

The IPO is a combination of a fresh issue of up to Rs 600 crore and an offer-for-sale of equity shares up to Rs 400 crore by Promoters - O P Munjal Holdings, and Hero Cycles Limited.

The proceeds from its fresh issuance worth Rs 190 crore will be used for repayment/ prepayment/redemption in full or in part, of certain outstanding borrowings availed by the company, Rs 200 crore for capital expenditure of the company through purchase of equipment required for expansion in capacity of its Gautam Buddha Nagar, Uttar Pradesh facility, funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.

The company is one of India’s leading automotive technology companies engaged in designing, developing, manufacturing and supplying highly engineered powertrain solutions catering to automotive original equipment manufacturers (OEMs) in 

United States, Europe, India and ASEAN region (Source - CRISIL Report).

The company is a fully integrated powertrain systems provider offering comprehensive solutions including services for designing, prototyping, validating, developing, and delivering system-level and component-level powertrain solutions for both electric as 

well as non-electric powertrains. 

Its offerings find application in two-wheelers, performance automotive, e-bikes, off-road 

vehicles, electric and hybrid cars, heavy duty vehicles, and electric vertical take-off and landing (eVTOL) categories. The company cater to requirements of its global customers such as BMW AG (BMW), Ducati Motor Holding S.P.A. (Ducati), Enviolo International Inc (enviolo), Formula Motorsport Ltd (Formula Motorsport), HUMMINGBIRDEV Inc. (Hummingbird EV), HWA AG (HWA) and leading global electric bicycle (e-bike) manufacturers and other mobility applications such as aerospace. 

The company is among the few companies that address the requirements of the premium ICE and performance ICE segment that require high-performance transmission systems capable of handling tough torque needs while keeping components lightweight (Source - CRISIL Report). The company is a technology and innovation driven company and has made significant investments into its in-house design and engineering capabilities as well as forging technology partnerships with global players to enhance its expertise and product and service offerings.

The company is recognized for its leadership in the development and production of continuously variable transmissions (CVT), electric vehicle (“EV”) transmission, electric motors, integrated drive units and gear sets. 

ICICI Securities Limited, DAM Capital Advisors Limited, and JM Financial Limited are the book-running lead manager, and KFin Technologies Limited is the registrar of the offer.

The Offer is being made through the book-building process, in compliance with SEBI ICDR Regulations, wherein not more than 50% of the net offer will be available for allocation to qualified institutional buyers (QIBs), not less than 15% to non-institutional bidders (NIIs), and not less than 35% to retail individual bidders (RIIs).

Notes for Reference: 

Issue Size of the IPO based on the upper and lower end of the price band

Fresh Issue   

OFS (equity shares)

Total  

Lower Band (@Rs 79 )

Rs 600 crore

50, 632, 911 shares for Rs 400  crore

Rs 1,000 crore

Upper Band (@Rs 84 )

Rs 600 crore

47, 619, 047 shares for Rs 400  crore

Rs 1,000 crore

                                                               

Sonaselection India Limited’s IPO to open on September 17, 2026, with Price Band of Rs.94 – Rs.99 per Equity Share of Face Value ₹10 each

Issue Highlights

Initial Public Offering of up to 14,300,000 Equity Shares.

Price band of Rs.94 - Rs.99 per equity share. 

Minimum Bid lot is 150 equity shares and in multiples of 150 equity shares thereafter.

Issue will open for Anchor Investor on September 16, 2026

Issue opening date – September 17, 2026 and Issue closing date – September 21, 2026 

The Floor Price is 9.40 times of the face value, and the Cap Price is 9.90 times of the face value of the Equity Shares.

Mumbai, September 10, 2026: Sonaselection India Limited, an integrated fabric manufacturing and processing company engaged in the production of value-added products, has announced the launch of its Initial Public Offering ("IPO"), scheduled to open on Thursday, September 17, 2026, and close on Monday, September 21, 2026. The Anchor Investor Bid/Issue Period will open on Wednesday, September 16, 2026, one working day before the issue opening.

The Initial Public Offering comprises a Fresh Issue of up to 14,300,000 equity shares, with a face value of ₹10 each. 

The Issue is being made through the Book Building Process, in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended (“SCRR”) read with Regulation 31 of the SEBI ICDR Regulations and in compliance with Regulation 6(1) of the SEBI ICDR Regulations, wherein not more than 50% of the Issue shall be allocated on a proportionate basis to Qualified Institutional Buyers (“QIBs” and such portion, the “QIB Portion”), provided that our Company may, in consultation with the BRLM, allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis, in accordance with the SEBI ICDR Regulations (“Anchor Investor Portion”), of which 40% shall be reserved in the following manner (i) 33.33% of the Anchor Investor Portion shall be reserved for domestic Mutual Funds; and (ii) 6.67% of the Anchor Investor Portion shall be reserved for Life Insurance Companies and Pension Funds, subject to valid Bids being received from domestic Mutual Funds, Life Insurance Companies and Pension Funds, as applicable, at or above the Anchor Investor Allocation Price.

Any under-subscription in the Life Insurance Companies and Pension Funds category specified in (ii) above may be allocated to domestic Mutual Funds, in accordance with the SEBI ICDR Regulations. In the event of undersubscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares of face value of ₹ 10/- each shall be added to the remaining QIB Portion (“Net QIB Portion”). Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis only to Mutual Funds, subject to valid Bids being received at or above the Issue Price, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to QIB bidders (other than Anchor Investors) including Mutual Funds subject to valid Bids being received at or above the Issue Price. However, if the aggregate demand from Mutual Funds is less than 5% of the Net QIB Portion, the balance Equity Shares of face value of ₹ 10/- each, available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to all QIBs. 

Further, not less than 15% of the Issue shall be available for allocation to Non-Institutional Bidders and not less than 35% of the Issue shall be available for allocation to Retail Individual Bidders in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Issue Price. One-third of the Non-Institutional Portion shall be available for allocation to Non-Institutional Bidders with a Bid size of more than ₹ 0.20 million and up to ₹ 1.00 million and two-thirds of the Non-Institutional Portion shall be available for allocation to Non-Institutional Bidders with a Bid size of more than ₹1.00 million provided that under-subscription in either of these two sub-categories of the Non-Institutional Portion may be allocated to Non-Institutional Bidders in the other sub-category of Non-Institutional Portion in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Issue Price.

 All potential Bidders (except Anchor Investors) are mandatorily required to participate in the Issue through the Application Supported by Blocked Amount (“ASBA”) process by providing details of their respective ASBA accounts and UPI ID in case of UPI Bidders, as applicable, pursuant to which their corresponding Bid Amount will be blocked by the Self Certified Syndicate Banks (“SCSBs”) or by the Sponsor Bank(s) under the UPI Mechanism, as the case may be, to the extent of the respective Bid Amounts. Anchor Investors are not permitted to participate in the Issue through the ASBA process. For details, see “Issue Procedure” beginning on page 547 of the Red Herring Prospectus.

The Net Proceeds are proposed to be utilised towards: (i) repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company from banks; (ii) funding capital expenditure towards the purchase of plant and machinery at the existing manufacturing facility situated at 18th K.M. Stone, Chittorgarh Road, Hamirgarh, Bhilwara - 311025, Rajasthan, India; and (iii) general corporate purposes (collectively, the "Objects").

Choice Capital Advisors Private Limited is the Book Running Lead Manager to the Issue and Kfin Technologies Limited is the Registrar to the Issue. The Equity Shares are proposed to be listed on the BSE & NSE.

About Sonaselection India Limited

Sonaselection India Limited is an integrated fabric manufacturing and processing company engaged in the production of value added products. Leveraging advanced technology, well established production capabilities and stringent quality systems, the Company converts raw textiles into finished, high-quality fabrics. The Company’s model enables them to offer a diversified product portfolio, maintain consistent quality, support innovation in fabric development and provide customers with reliable, cost-efficient and timely solutions, thereby positioning them as a preferred partner for brands seeking consistency, innovation and faster delivery timelines. 

The Company specializes in the manufacturing of 100% cotton fabric, cotton lycra (stretch) fabric, cotton blends, polyester blends, and in the processing of fabric including 100% cotton, cotton blends, polyester-viscose (P/V) and polyester fabric.

The Company’s Manufacturing Facility is located in Bhilwara, Rajasthan, widely known as the “Vastranagari” (Source: CareEdge Report), and is spread across an aggregate land area of approximately 49,540 Sq. Mtr. The Manufacturing Facility has an installed processing capacity of 82.44 million meters per annum. 

In Fiscal 2026, the Company expanded its operations into the readymade garments segment (RMG) through its wholly owned subsidiary, Sionnah Enterprises Private Limited, thereby strengthening vertical integration between fabric manufacturing and downstream garment production. 

Disclaimer

Sonaselection India Limited is proposing to undertake an initial public offering of its Equity Shares, subject to receipt of requisite approvals, market conditions, and other considerations, and has filed the RHP dated September 07, 2026 with SEBI and stock exchanges. The RHP is available on the websites of SEBI (www.sebi.gov.in), BSE (www.bseindia.com), NSE (www.nseindia.com), the Company (https://www.sonaselection.com/), and the BRLM: Choice Capital Advisors Private Limited at https://choiceindia.com/merchant-investment-banking.

Investors are advised that Investment in equity shares involves a high degree of risk. For details, see “Risk Factors” in the RHP on page 28. This announcement is intended for publication in India only and does not constitute an offer or solicitation elsewhere, including the U.S. The Equity Shares have not been and will not be registered under the U.S. Securities Act and may only be offered or sold outside the U.S. in compliance with Regulation S and applicable law

भारत में पहली बार EPD सम्मेलन 2026 का आयोजन : पर्यावरणीय पारदर्शिता और सतत विनिर्माण के भविष्य पर नीति-निर्माताओं, वैश्विक विशेषज्ञों और उद्योग जगत के दिग्गजों ने किया मंथन

मुंबई, 8 सितंबर 2026: ग्रीनएक्स एनवायरनमेंटल ने आज मुंबई के ताज लैंड्स एंड, बांद्रा वेस्ट में भारत के पहले EPD सम्मेलन 2026 का आयोजन किया। सम्मेलन में नीति-निर्माताओं, नियामक संस्थाओं, अंतरराष्ट्रीय EPD कार्यक्रम संचालकों, पर्यावरण एवं सस्टेनेबिलिटी विशेषज्ञों तथा भारत और दुनिया की प्रमुख विनिर्माण कंपनियों के प्रतिनिधियों ने हिस्सा लिया।

सम्मेलन का मकसद पर्यावरणीय पारदर्शिता और सतत विनिर्माण को लेकर बदलते वैश्विक परिदृश्य पर चर्चा करना, और भारतीय उद्योग के लिए विश्वसनीय, वैज्ञानिक व प्रमाणित पर्यावरणीय डेटा की बढ़ती अहमियत को रेखांकित करना था।

दिनभर चले इस सम्मेलन में Environmental Product Declarations (EPDs), Life Cycle Assessment (LCA) और Product Carbon Footprint (PCF) जैसे अहम विषयों पर चर्चा हुई। विशेषज्ञों ने कहा कि वैज्ञानिक और सत्यापित पर्यावरणीय डेटा के ज़रिए उद्योग अपने उत्पादों के पर्यावरणीय असर को बेहतर तरीके से माप सकते हैं, सत्यापित कर सकते हैं और पारदर्शी ढंग से लोगों के सामने रख सकते हैं।

नीति-निर्माताओं, वैश्विक विशेषज्ञों और उद्योग जगत की उल्लेखनीय भागीदारी

सम्मेलन में सरकार, नियामक संस्थाओं और उद्योग जगत के कई प्रमुख प्रतिनिधि मौजूद रहे, जिनमें शामिल थे:

श्री सिद्धेश रामदास कदम, अध्यक्ष, महाराष्ट्र प्रदूषण नियंत्रण मंडल (MPCB)

रॉयल नॉर्वेजियन कॉन्सुलेट जनरल के प्रतिनिधि

पद्मश्री डॉ. मिलिंद कांबले, संस्थापक अध्यक्ष, Dalit Indian Chamber of Commerce and Industry (DICCI)

श्रीमती आरती भोसले-अहिवाले, प्रबंध निदेशक, GreenEx Environmental Pvt. Ltd.

श्री सागर अहिवाले, प्रबंध निदेशक, Green Solution Industries Pvt. Ltd.

श्री हाकोन हाउआन, CEO, EPD-NORGE तथा President & CEO, CEO Platform, Norway

श्री प्रशांत गायकवाड़, Green Solution Group of Companies

इसके अलावा नॉर्वे सहित कई देशों के अंतरराष्ट्रीय EPD कार्यक्रम संचालकों और सस्टेनेबिलिटी विशेषज्ञों ने भी सम्मेलन में हिस्सा लिया। साथ ही MPCB, BIS और NITI Aayog जैसी भारत की नियामक संस्थाओं के प्रतिनिधि, और प्रमुख भारतीय व बहुराष्ट्रीय विनिर्माण कंपनियों के वरिष्ठ अधिकारी भी इसमें शामिल हुए।

इस सम्मेलन ने अलग-अलग हितधारकों को अपने अनुभव और ज्ञान साझा करने, दुनियाभर में उभर रही नई प्रणालियों पर बात करने, और भारत में EPD को तेज़ी से अपनाने की संभावनाओं पर विचार करने के लिए एक अहम मंच दिया।

सम्मेलन में विशेषज्ञों ने रखे अपने विचार

श्री सिद्धेश रामदास कदम, अध्यक्ष, महाराष्ट्र प्रदूषण नियंत्रण मंडल (MPCB) ने कहा कि विश्वसनीय और पारदर्शी पर्यावरणीय डेटा भारतीय उद्योग में भरोसा मज़बूत करने में अहम भूमिका निभा सकता है। उन्होंने कहा कि ऐसे मंच नियामकों, उद्योग जगत और वैश्विक सस्टेनेबिलिटी हितधारकों के बीच सहयोग मज़बूत करने के साथ-साथ व्यवसायों को मापनीय पर्यावरणीय प्रक्रियाएं अपनाने के लिए प्रोत्साहित कर सकते हैं।

श्रीमती आरती भोसले-अहिवाले, प्रबंध निदेशक, GreenEx Environmental Pvt. Ltd. ने कहा कि भारत में हुआ यह पहला EPD सम्मेलन सतत विनिर्माण में पर्यावरणीय पारदर्शिता को मुख्यधारा में लाने की दिशा में एक अहम कदम है। LCA, विश्वसनीय डेटा और अंतरराष्ट्रीय मानकों के अनुरूप EPD प्रक्रियाओं के ज़रिए भारतीय कंपनियां अपने सस्टेनेबिलिटी प्रयासों को और मापनीय, पारदर्शी और वैश्विक स्तर पर प्रासंगिक बना सकती हैं।

श्री सागर अहिवाले, प्रबंध निदेशक, Green Solution Industries Pvt. Ltd. ने कहा कि EPD इकोसिस्टम उद्योग को सिर्फ सस्टेनेबिलिटी के संकल्प लेने से आगे बढ़कर अपने पर्यावरणीय प्रदर्शन को मापनीय तरीके से दिखाने का मौका देता है। वैश्विक विशेषज्ञों, कार्यक्रम संचालकों और भारतीय हितधारकों को एक मंच पर लाना, सत्यापित पर्यावरणीय जानकारी को उद्योग के लिए और सुलभ व उपयोगी बनाने की दिशा में एक अहम कदम है।

वैश्विक मानकों से उद्योग में व्यावहारिक उपयोग तक

सम्मेलन की शुरुआत "From Transparency to Transformation: The Global Evolution of EPDs" विषय पर एक विशेष सत्र से हुई, जिसमें वैश्विक बाज़ारों में पर्यावरणीय उत्पाद पारदर्शिता की बढ़ती अहमियत और EPD की बदलती भूमिका पर चर्चा हुई।

इसके बाद EPD के मूल सिद्धांतों और अंतरराष्ट्रीय मानकों के साथ-साथ Life Cycle Assessment (LCA), Product Carbon Footprint (PCF), और सस्टेनेबिलिटी से जुड़े फ़ैसलों को ज़्यादा भरोसेमंद बनाने में EPD की भूमिका पर विस्तार से बात हुई।

सम्मेलन में EPD की पूरी प्रक्रिया भी समझाई गई — LCA मॉडलिंग और डेटा जुटाने से लेकर, मान्यता-प्राप्त वैश्विक कार्यक्रम संचालकों के ज़रिए सत्यापन और EPD के प्रकाशन तक।

विशेषज्ञों ने भारतीय कंपनियों के सामने आने वाली चुनौतियों पर भी बात की, और इस बात पर ज़ोर दिया कि उद्योग, नियामक संस्थाओं, EPD कार्यक्रम संचालकों और सस्टेनेबिलिटी विशेषज्ञों के बीच सहयोग और मज़बूत होना चाहिए।

EPD-Norge/EPD Global सहित अंतरराष्ट्रीय EPD हितधारकों की भागीदारी ने सम्मेलन को एक अहम वैश्विक नज़रिया दिया, और भारतीय उद्योग को पर्यावरणीय पारदर्शिता से जुड़े अंतरराष्ट्रीय बदलावों व आने वाली अपेक्षाओं को समझने का मौका मिला।

सस्टेनेबिलिटी के संकल्प से मापनीय कार्रवाई की ओर

सम्मेलन के दूसरे सत्र में इस बात पर ख़ास ज़ोर दिया गया कि सस्टेनेबिलिटी से जुड़े संकल्पों को मापनीय और प्रमाणित कार्रवाई में कैसे बदला जाए।

इस दौरान EPD Verification, Technology-enabled EPDs, और भारतीय उद्योगों के लिए सही EPD कार्यक्रम चुनने जैसे व्यावहारिक विषयों पर चर्चा हुई।

"EPD Publication Strategy – Trust, Technology and Programme Selection" विषय पर हुई एक ख़ास पैनल चर्चा में सत्यापन, सस्टेनेबिलिटी, विनिर्माण और EPD प्लेटफॉर्म से जुड़े विशेषज्ञ शामिल हुए। पैनल में इस बात पर मंथन हुआ कि कंपनियां किस तरह भरोसेमंद, मज़बूत और अंतरराष्ट्रीय स्तर पर प्रासंगिक Environmental Declarations तैयार कर सकती हैं।

सम्मेलन में अलग-अलग उद्योगों के EPD Case Studies भी सामने रखे गए, जिनसे यह पता चला कि कंपनियां अपनी पूरी उत्पाद मूल्य श्रृंखला में मापनीय, सत्यापित और पारदर्शी पर्यावरणीय जानकारी की दिशा में कैसे आगे बढ़ सकती हैं।

भारत में EPD अपनाने की दिशा में महत्वपूर्ण पहल

वैश्विक बाज़ारों में भरोसेमंद पर्यावरणीय डेटा और पारदर्शिता की बढ़ती मांग के बीच, भारत का पहला EPD सम्मेलन 2026 देश में EPD को लेकर जागरूकता और संवाद बढ़ाने की दिशा में एक अहम पहल साबित हुआ।

सम्मेलन ने भारतीय उद्योग को EPD को समझने, अपनाने और बड़े स्तर पर लागू करने के साथ-साथ, अंतरराष्ट्रीय स्तर पर बदल रहे सस्टेनेबिलिटी मानकों और अपेक्षाओं के मुताबिक आगे बढ़ने के लिए एक साझा मंच दिया।

GreenEx Environmental के कम्युनिकेशन पार्टनर Bubble Communication ने सम्मेलन के मीडिया आउटरीच और कम्युनिकेशन की ज़िम्मेदारी संभाली, जिससे पर्यावरणीय पारदर्शिता, सतत विनिर्माण और भारत में EPD की बढ़ती अहमियत से जुड़े संवाद को ज़्यादा लोगों तक पहुंचाने में मदद मिली।

FROM TEA TO TECHNOLOGY: SACHIN TENDULKAR TAKES YOU INSIDE THE HIDDEN WORLD OF DP WORLD’S GLOBAL LOGISTICS

New brand film with the message “We move the world to change what’s possible’ brings a human perspective to the unseen world of logistics

MUMBAI, INDIA – 09 September 2026: A cup of tea, a smartphone, the clothes we wear or the car we drive; we rarely think about the journeys that make them possible. A new brand film from DP World featuring Global Ambassador Sachin Tendulkar turns the spotlight on that unseen world, revealing what it takes to move goods from where they are made to where they are needed. 

Bringing DP World’s ‘We move the world to change what’s possible’ message to life, the campaign follows these journeys from origin to destination, highlighting the people, technology and logistics behind their movement. Through Sachin Tendulkar’s perspective, the film moves beyond explaining logistics capabilities to show what they mean for the businesses and consumers DP World ultimately serves. 

The DP World brand film captures the scale, complexity and interconnectedness of DP World’s logistics capabilities through familiar, everyday experiences highlighting the role it plays in enabling the movement of goods and global trade. His presence also creates a human connection to a world that is often invisible, demonstrating that behind everything that reaches consumers, there is a journey, and behind every journey, there are people making it happen.

Hemant Kumar Ruia, Country Manager – India, DP World, said, “Logistics may operate behind the scenes, but it plays a vital role in keeping everyday life moving. This film brings these often-unseen multimodal journeys to the forefront, showcasing the people, world-class infrastructure and technology working seamlessly across land, air and sea to keep goods moving. At DP World, we connect every stage of the supply chain to simplify logistics and help businesses deliver the products people depend on every day. We go beyond moving cargo, we connect businesses, people and markets, helping our customers unlock new opportunities and change what’s possible.”

DP World Global Ambassador Sachin Tendulkar commented, “I was delighted to be part of this campaign film because it allowed me to step into a world that most of us rarely see. Behind every product, every delivery and every journey is a remarkable story of people working together to keep the world moving. That spirit of connection, teamwork and making possibilities happen is at the heart of DP World. I hope the film gives audiences a glimpse of the people and the purpose behind the movement of goods across the world, in a way that feels real, human and inspiring.”

The film showcases DP World’s integrated logistics ecosystem across warehousing, multimodal transportation, technology and last-mile delivery, demonstrating how these capabilities work together to move goods seamlessly from origin to destination. At the heart of these journeys are DP World’s warehouse teams, operators and logistics professionals, whose expertise, coordination and precision ensure that goods keep moving and reach the businesses and people who depend on them.

The brand film was conceived by McCann and directed by Harsha Prabhakar Rao, Founder of Black Picture Co., which also served as the production agency. 

The brand film can be viewed here.

The campaign will reach audiences across broadcast, outdoor, digital and social platforms.

*JICA Supported Western Dedicated Freight Corridor Completed, Marking Landmark Milestone in India–Japan Infrastructure Cooperation*

Hon’ble Prime Minister Shri Narendra Modi dedicated key sections of the Freight Corridor to the nation

*Mumbai, 8th September 2026: J* apan International Cooperation Agency (JICA), achieved a landmark milestone, with the completion and fully operationalisation of the Western Dedicated Freight Corridor (WDFC). The Dedicated Freight Corridor has been developed with financial and technical support from JICA, in collaboration with the Dedicated Freight Corridor Corporation of India Limited (DFCCIL), the implementing agency under the Ministry of Railways, Government of India. 

Hon’ble Prime Minister Shri Narendra Modi today dedicated key sections of the completed Western Dedicated Freight Corridor to the nation from Vadodara, Gujarat. The three sections, New Sanad North – New Makarpura, New Umbergaon – New Saphale, and New Saphale – New JNPT, together cover a total length of 326 KM and have been constructed at a cumulative cost of ₹20,703 crore.

*The event at Maharashtra location was graced by the presence of Shri Jishnu Dev Varma, Hon’ble Governor of Maharashtra; Shri Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra; Ms. Sato Hitomi, Consul-General, Consulate-General of Japan in Mumbai; Mr. TAKEUCHI Takuro, Chief Representative, JICA India along with Shri Praveen Kumar, Managing Director, DFCCIL and other dignitaries.* 

The completion of the 1,506 KM long Western Dedicated Freight Corridor (WDFC), now connects Dadri in Uttar Pradesh with the Jawaharlal Nehru Port (JNPT) in Mumbai, marking a major milestone in the modernisation of India’s freight transportation network. This project represents one of the most significant achievements of India–Japan cooperation in large-scale infrastructure development. 

JICA has extended cumulative Official Development Assistance (ODA) loans of JPY 620,787 million (INR 37,658 crore) to DFCCIL, supporting India’s efforts to modernise, enhance logistics infrastructure and strengthen connectivity along the Western Dedicated Freight Corridor. 

*On this occasion, Ms. Sato Hitomi, Consul-General, Consulate-General of Japan in Mumbai said,* “the inauguration of the Western Dedicated Freight Corridor shows another completion of the flagship project of Japan-India cooperation. As a national logistics artery, this high-capacity, fully electrified corridor will accelerate logistics, enhance industrial competitiveness, reduce greenhouse-gas emissions, and ease congestion on passenger lines. Japan is proud to have participated in this initiative through ODA scheme. JICA and Japanese and Indian companies and experts have shared their knowledge and worked hard to realize the project.” 

*Mr. TAKEUCHI Takuro, Chief Representative, JICA India,* shared the following comments: “WDFC is not merely a railway project. It is a story of vision, perseverance, and partnership. When the idea was first proposed, many thought it was too ambitious. Today, it stands as a powerful example of what can be achieved through long-term commitment and cooperation. JICA remains fully committed to supporting India's continued development and to further strengthening the special strategic and global partnership between the two countries.” 

The commissioning of these three sections of the WDFC will provide direct rail connectivity to Jawaharlal Nehru Port Authority (JNPA) through the WDFC network, enabling faster and more efficient cargo movement. The corridor connects key industrial hubs in Palghar, Thane and Raigad in Maharashtra with industrial centres across Uttar Pradesh, Haryana, Punjab, Rajasthan and Gujarat, linking them to ports and national markets and supporting regional economic growth. It is also expected to reduce logistics costs and transit time while helping decongest Mumbai’s railway network.