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Global optics and optoelectronics major ZEISS is betting big on India, one of its top three fastest-growing markets for vision products, with the country's expanding youth population driving demand not just for basic but also for higher-quality options, according to senior company officials. India, China and Southeast Asia are the fastest-growing markets globally for ZEISS. In terms of consumer trends, India is a very early adopter, Carl Zeiss Vision Vice President - Head of Global Brand Management, Charlotte Hamel and its Head of Global Sales Operations & Emerging Markets, Boris Dejonckheere, told PTI in a joint interview. While India is currently "the highest ranked in number of more sales per month", Dejonckheere said the ranking changes rapidly as China is also growing fast. "Sometimes China is a bit faster, and sometimes India is a bit faster," he added. While Southeast Asia cannot be forgotten as it is also "booming there", Dejonckheere said, "...but what we see here (in ...
Indian companies are facing disruptions ranging from shipment delays to shortages of key raw materials due to the ongoing West Asia conflict, the Confederation of Indian Industry (CII) said on Sunday, highlighting growing stress across sectors dependent on global trade flows. In a statement, CII Director General Chandrajit Banerjee said firms are already seeing "downstream effects" as the conflict disrupts key maritime routes and tightens global supply chains. "Indian companies are experiencing downstream effects, from shipment delays to constraints in key energy inputs, as well as emerging shortages in essential raw materials and intermediates across several sectors that rely heavily on timely cross-border flows," he said. The industry body noted that disruptions have also placed pressure on energy markets and trade, affecting both imports and exports, with ripple-effects being felt across manufacturing and other industries. "The conflict in the Middle East has disrupted critical
Indian enterprises are outpacing their global counterparts in terms of large-scale adoption of Artificial Intelligence, with most organisations expecting to increase their AI spending next year, according to a report by Deloitte. However, this rapid deployment contrasts with a significant capability gap, as India reports lower levels of specialist AI expertise compared to the global average. The 'State of AI in the Enterprise' report for 2026 revealed that Indian firms are advancing past trials to lead global peers in large-scale AI adoption across key functions. "... At-scale deployment is strongest in Product Development (62 per cent), Strategy and Operations (56 per cent), Marketing & Sales (55 per cent) and Supply Chain (48 per cent), signalling that AI is increasingly embedded into functions that drive growth, efficiency, and competitive advantage. "40 per cent of Indian respondents report significant or full usage, compared with a global average of approximately 28 per cent,
Bathroom and lighting solutions provider Jaquar Group is targeting to scale its lighting business revenue to Rs 1,700 crore in the next three years, according to a senior company official. The company, which has a portfolio that includes LED, commercial, outdoor, architectural and facade lighting, besides consumer lighting such as bulbs and tube lights, plans to expand its outdoor and landscape portfolio, along with architectural indoor lighting. "Over the next three years, we aim to scale the lighting business to Rs 1,600 crore to Rs 1,700 crore in revenue," Jaquar Group Director-Lighting, Ranbir Mehra told PTI. He was responding to a query on the growth prospects of the lighting business of the Jaquar Group. Jaquar Lighting contributes 8-10 per cent to Jaquar Group's overall revenue, said Mehra, who is a third generation of the promoter family of the group. The group had reported a total turnover Rs 7,493 crore in FY 2024-25. It is targeting USD 1 billion (approximately Rs 8,30