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Climate change is a pressing challenge for the luxury goods industry, and businesses have to adopt environment-friendly practices to address this issue, entrepreneurs and experts say. They added that the luxury industry views sustainability as the future of high-end businesses, and companies that prioritise ecology will gain long-term benefits. "Climate change is staring at each of us and environmental consciousness and responsible actions by people and businesses can help both the ecology and the economy," they said at the 'Sasmrti - The Responsible Luxury Roundtable' here. The deliberations were organised by Shweta Thakur Nanda, and Gautam Gupta, co-owner of luxury fashion brand 'Asha Gautam'. Speaking at the function, Blossom Kochhar, Chairperson, Blossom Kochhar Group of Companies, said that the industry must act and live sustainably not just for "ourselves but for our future generations". Sharing similar views, Lipika Sud, Founder Director of LIpika Sud Interiors, said that t
Luxury hotel chain Novotel on Thursday said it has introduced a range of electric vehicles in its fleet to reduce carbon footprint, the first such move by any hospitality group in Northeast. Announcing the development, the company in a statement said that it will double the fleet of electric vehicles at its Guwahati property in the coming months. "Marking first of its own kind initiative by any 5-star property in Northeast India, Novotel Guwahati recently introduced two electric cars, marking a significant step in their commitment to reducing carbon footprint and promoting eco-friendly transportation," it added. The move was a part of the company's ongoing sustainability initiative aimed at supporting both the environment and the local community, the release said. In the spirit of continuous improvement, Novotel plans to expand its EV fleet with two more electric vehicles in the near future, it added. Commenting on the development, Novotel Guwahati general manager Manmeet Singh sa