Business
Sterlite Copper launches coffee table book highlighting role of copper in the modern world
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Highlighting the importance of copper and its contribution to the modern world, Sterlite Copper launched a coffee table book, showcasing its origin and its definitive role in shaping the modern world, at the SICCI CXO Conclave, held in Chennai.
Unveiled by Mayur Karmakar, MD, International Copper Association, India, with Ms. A. Sumathi, Chief Operating Officer, Sterlite Copper, the 70-page book comes with an interesting title “Hi I’M COPPER”.
The book traverses the entire journey of copper from its discovery in 9,000 B.C. in an Egyptian river to the current times, focusing on its integral role in creating the modern world as we know it today. The book also traces the lifecycle of the metal and covers the entire gamut of its industrial and sectoral usage ranging from Power, Defence, Automobiles, Healthcare, FMCD among others.
Speaking at the launch of the Coffee Table Book, Ms. A. Sumathi, Chief Operating Officer, Sterlite Copper said: “We are delighted to unveil the copper coffee table book ‘Hi, I’m Copper’. The book aims to essay the journey of Copper and Sterlite’s smelting story. Over the last 25 years, Sterlite Copper has leveraged on technology to upgrade its processes and we had always benchmarked our practices to the global standards in terms of energy efficiency, copper recovery, effluent treatment while being sensitive to our corporate ethos of ESG standards.”
The book highlights how Sterlite Copper, which began with a 100 KTPA Smelter in the year 1996, went on to become the largest supplier of Copper in India, meeting nearly 36 per cent of the country’s copper demand by 2018. The operations of the plant are also benchmarked against global best-practices, with certifications in Quality, Environment, Occupational Health & Safety, Energy.
The plant has also invested heavily in environmental safeguards such as Gas Scrubbers, Effluent Treatment Plants and Reverse Osmosis Plants in order to ensure a safe and sustainable operation in Thoothukudi. The plant has been certified for its Zero Liquid Discharge, Water Consumption Management, Waste Reduction and Repurposing Waste towards Sustainable Applications.
The book also clearly brings out the economic benefits of the Thoothukudi plant in Tamil Nadu. It had emerged as a pillar of support for the community and a provider of livelihood to thousands of people. The plant engaged about 1,000 trucks/tankers on daily basis with consistent load, thereby providing livelihood to around 9,000 truck drivers and cleaners per month. It had over 650 supply and service partners and helped them generate a business of close to $134 million every year. The total number of dependent domestic companies for supply of raw material from Sterlite Copper was 381 and contributed approximately $295 million to the exchequer.
Additionally, it provided more than 17 per cent of Thoothukudi port’s total revenue. Even the by-products of the copper smelting like sulphuric acid, phosphoric acid, gypsum and copper slag act as critical input for a number of important industries. While sulphuric acid is the primary raw material for chemical and fertilizer, gypsum is a key ingredient for cement production.
Sumathi adds: “Copper is the third most used metal in industrial and civil applications across the world and its constantly increasing demand increases the need for production, thereby having a direct impact on employment opportunities & downstream industries. We at Sterlite have created direct employment for 4,000 people and impacted more than 20,000 people engaged in various supplier and customer units. Through the book, we want everyone to become aware about the journey & importance of copper and Sterlite, which together contributed immensely to the overall economy, not just at a national level, but also at a State and District level.”.
Prof. Ashutosh Sharma, Institute Chair Professor, Department of Chemical Engineering, Indian Institute of Technology, Kanpur & Former Secretary, Department of Science & Technology, government of India, who wrote the foreword for the coffee table book, says” “I believe Copper is one of the key drivers of Industry 4.0 and beyond. An invisible enabler, copper’s role in the future of our world will be all pervasive from our homes to outer space explorations.
“I’m delighted that the importance of copper is being covered in a comprehensive way in the book being launched today. I wish to congratulate the team Sterlite for conceiving and executing this much needed document of value to its many stakeholders from the traditional industries to Industry 4.0 and Digital/cyber technologies.”
Also speaking at the occasion, Mayur Karmakar, MD, International Copper Association India, said: “Copper is the third-most-essential metal in the world, contributing to the environmental and socio-economic development across the globe. The demand for the crucial metal, which is a key input for multiple sectors, is expected to further raise sustainable growth in the post-pandemic scenario.”
Another significant aspect of the book is that it brings into focus, the role of the company in building an aspirational and empowered society with all the stakeholders working in tandem for the common good all. For instance, under the Muthucharam initiative, the company plans to build a smart school and a well-equipped hospital for the community. Plans are also afoot to plant 1 million trees to make Thoothukudi, one of the greenest cities in India. Other initiatives include providing clean drinking water to every family in Thoothukudi. More than 2,300 families have already benefited from this project,Tamira Surabhi till date.
Business
Tata Motors Unveils Limited-Edition Safari STEALTH to Mark 27 Years of Legacy
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Tata Motors is celebrating 27 years of the Safari with the launch of the exclusive STEALTH Edition, a limited-run variant designed for those who seek style and performance. Available in both the Harrier and Safari models, only 2,700 units of this edition will be produced. The Harrier STEALTH is priced at Rs 25.09 lakh (ex-showroom, Delhi), while the Safari STEALTH starts at Rs 25.74 lakh (ex-showroom, Delhi) and is offered in both 6- and 7-seater configurations. With a striking design, premium features, and advanced technology, the STEALTH Edition adds a new level of exclusivity to Tata’s SUV lineup.
The Tata STEALTH Edition brings a bold, monotone design that reflects the growing demand for exclusive and distinctive vehicles. With limited units available, this special edition is set to attract enthusiasts looking for a unique SUV. Bookings for the STEALTH Edition opened on February 21, both online and at Tata dealerships across India, giving customers the chance to own a rare and stylish addition to Tata’s lineup.
The Harrier and Safari STEALTH Edition stand out with their bold design and advanced features, built on the sturdy OMEGARC platform derived from Land Rover’s D8 architecture. The exclusive Matte Black finish, R19 Black Alloy Wheels, and a distinctive STEALTH mascot give these SUVs a powerful road presence. Inside, the cabin is designed for comfort with ventilated first- and second-row seats (Safari only for the second row), a Carbon-Noir interior theme, and a voice-assisted dual-zone climate control system.
Technology is a highlight, featuring a 31.24 cm Harman touchscreen, Arcade App Store, Alexa Home 2 Car, Map My India navigation, and a 10-speaker JBL audio system with Harman AudioworX. Power comes from a 2.0L KRYOTEC BS6 Phase 2 turbocharged engine producing 170PS, paired with a 6-speed automatic transmission. Safety is a priority, with Level 2+ ADAS offering 21 functions, including a segment-first Intelligent Speed Assist, along with 7 airbags and ESP with 17 safety features.
Unveiling this exciting new version of the Harrier and Safari, Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility Ltd., stated, “Tata Motors has been a leader in the Indian SUV segment, with innovation at its core. The Tata Safari, which introduced the concept of a lifestyle SUV to India, reflects this legacy of pioneering excellence. Over 27 remarkable years, the Safari has constantly evolved, and the launch of the STEALTH Edition is a tribute to this journey. This special edition is an exclusive offering, with only 2,700 units available in the striking STEALTH Matte Black finish. More than just an SUV, the STEALTH Edition is a symbol of prestige, adventure, and capability, making it a highly desirable collector’s item for enthusiasts and connoisseurs. Owning a STEALTH Edition isn’t just about having an extraordinary vehicle—it’s about claiming a piece of automotive history that many will aspire to have in their collection.”
Business
Maruti Suzuki’s New Mid-Term Plan Aims To Make India An Export Hub, Launch More EVs
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New Delhi: The Suzuki Motor Corporation of Japan, the parent company of Maruti Suzuki India, on Thursday announced a new mid-term plan with a “rethink” in its strategy as “the business environment has changed due to declining market share in India” and the growing electrical vehicles segment.
In its new mid-term plan for 2025-30, the company has identified India as its “most important market”. Maruti Suzuki aims to create a manufacturing capacity of producing 4 million cars annually to reclaim a 50 per cent market share in India and use the country as a global export hub as well.
The auto major plans to expand its EV lineup starting with the e-Vitara, and is aiming to launch four new EV models by FY30 in a segment where its rivals like Tata Motors and Mahindra & Mahindra already have a varied EV portfolio in India.
“In India, we will promote further localisation in line with the growth of the electric vehicle market,” the company said.
Maruti Suzuki is currently exporting three lakh vehicles from India annually. By the end of this decade, it is targeting the export of 7.5-8 lakh units per year.
While the company noted it achieved revenue and profit targets ahead of schedule by improving sales mix and quality, its sales volume target could not be met.
It noted that the “competitive environment is becoming increasingly severe, and the quality of product functions, equipment and services required by customers is increasing”.
It aims to be India’s no.1 carmaker in terms of production, local sales and exports of electric cars. A total of six electric vehicles will be introduced by FY30, including four electric cars and two commercial vehicles.
Suzuki Motor plans to invest 1,200 billion yen (about Rs 7,000 crore) as capital expenditure towards production, new models, carbon neutrality and quality measures. A new plant in Haryana’s Kharkhoda and an assembly line in Suzuki Motor Gujarat will come onstream by 2030 for a total installed capacity of four million units.
Business
‘Made in India’ iPhone 6e not SE variant but a next-gen entry point for consumers
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New Delhi, Feb 20: In a further push to the local manufacturing, the entire iPhone 16 lineup, including the newly-launched iPhone 16e, is now being assembled in India for domestic market as well as for exports, as industry experts on Thursday cleared the air around the new device being compared to now-retired iPhone SE.
The new Apple device, with A18 chip, breakthrough battery life, Apple Intelligence, and a 48MP 2-in-1 camera system, is being manufactured/assembled for local consumption as well as for export to select countries.
According to experts, iPhone 16e is not iPhone SE4 and the whole “comparison is futile”.
When iPhone SE was launched, it was another masterstroke at that time. However, times have changed since then.
“Essentially, Apple retired the SE lineup and extended the iPhone 16 lineup with a new entry point. iPhone SE was no longer adding any value to consumers, developers or Apple,” said Neil Shah, Partner and Co-Founder at Counterpoint Research.
The iPhone SE which was positioned as a “Special Edition,” which brought nostalgia of older and smaller design, was priced around $400.
However, the iPhone SE lost its value and popularity, which used to be once 16 per cent of the total iPhone sales volumes, dropped to 1 per cent last year.
According to Shah, consumers now prefer better cameras, bigger displays and faster processors.
“With all this background, what Apple did was to extend the 16 series with a newer ‘base version’ of iPhone 16 and now retired SE,” Shah explained.
According to industry experts, the company has done well with streamlining the series, reducing fragmentation in design and experience and able to charge $599 (US)/Rs 59,999 (India) with the newest entry point for the best Apple experiences.
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