Latest news with #Sattva
Hans India
16-07-2025
- Business
- Hans India
Lokesh sets goal to create 10L jobs in 4 yrs
Vijayawada: Minister of IT, Electronics and Human Resources Development Nara Lokesh on Tuesday issued a clear directive to officials to ensure an investor-friendly environment to accelerate the growth of IT companies, with an ambitious goal of generating 10 lakh jobs in the IT sector over the next four years. This target will be achieved through strategic focus on establishing datacenters and Global Capability Centers (GCCs) across the state, he said. During a review meeting with officials at his residence, the minister revealed that 95 prominent companies have already expressed interest in setting up GCCs and data centers in Andhra Pradesh. He emphasised the need for officials to provide seamless support and create a conducive atmosphere to expedite these investments. Highlighting the state's proactive approach, Lokesh announced that the government has signed Memoranda of Understanding (MoUs) with ANSR and Sattva companies, which are projected to provide employment to 35,000 youth. He also stressed the importance of establishing co-working spaces in all 26 districts to fuel the growth of startup companies. The minister confirmed that the Ratan Tata Innovation Hub will be inaugurated shortly, a move aimed at further encouraging the startup ecosystem. To support emerging tech ventures, he called for the establishment of regional centers in Visakhapatnam, Rajahmundry, Vijayawada, Tirupati, and Anantapur. In a significant push for advanced technology, Lokesh directed officials to take the initiative in providing the necessary infrastructure for the development of a Quantum Computer Valley in Amaravati, in partnership with global tech giants TCS, L&T, and IBM. Focusing on digital governance, Lokesh instructed officials to enhance the 'Mana Mitra' WhatsApp government services. He stated that essential certificates should be made readily available to citizens through this WhatsApp platform, further streamlining public service delivery. Additionally, the minister called for the provision of internet connectivity to 45,000 government schools and all airports in the state, underscoring the government's commitment to digital inclusion and infrastructure development. IT Secretary Katamneni Bhaskar, IT & C Special Secretary Sundar, APIIC MD Abhishikth Kishore, EDB CEO Saikanth Varma, RTGS CEO Prakar Jain, and APTS MD Suryateja, and others also attended.
Fashion Value Chain
11-07-2025
- Business
- Fashion Value Chain
Sattva Consulting and Two Point O Capital Drive C&I Decarbonization Through Tech-Finance Push
Sattva Consulting, a leading global impact consulting firm, has announced a strategic partnership with Two Point O Capital, India's first full-stack clean energy financing and technology solutions company. Together, the two firms aim to support Indian businesses in the Commercial and Industrial (C&I) segments to accelerate their decarbonization journeys, with a sharp focus on impact, scalability, and execution. This collaboration comes at a critical time. With energy demand projected to double by 2040 and India ranking as the world's third-largest carbon emitter, the urgency to decarbonize the C&I sector has never been greater. The C&I sector accounts for over 50% of India's total energy consumption and is growing at more than 10% annually. This rapid growth, combined with rising emissions, reinforces the pressing need to dramatically improve the sector's energy intensity through scalable, clean energy solutions that are both economically viable and environmentally sustainable. The partnership brings together Sattva Consulting's expertise in impact-driven business strategies with Two Point O Capital's outcome-linked financing and AI-powered platforms to unlock decarbonization that is both scalable and measurable. Addressing a $10 billion+ annual gap in financing for distributed clean energy, Two Point O Capital delivers flexible capital and turnkey solutions, especially for MSMEs, a segment often underserved by traditional lenders. Their interventions consistently drive 30-50% reductions in operating costs and cut COâ emissions by over 30%, while being EBITDA-accretive, enabling businesses to advance sustainability and profitability in tandem. 'This partnership represents the next chapter in sustainability-focused business transformations,' said Srikrishna Sridhar Murthy, CEO of Sattva Consulting. 'At Sattva, we've always believed that meaningful change happens on the ground. Through our partnership with Two Point O Capital, we're doubling down on our efforts to move sustainability from strategy to execution, helping businesses translate intent into measurable and scalable outcomes like improved EBITDA margins and long-term resilience.' The platform integrates technology, operational underwriting, and outcome-based business models, ensuring it only makes returns when the deployed assets deliver results for customers. The partnership will eliminate the need for businesses to coordinate across multiple stakeholders, offering end-to-end accountability across designing, solution development, project delivery, and commissioning. The partnership will also focus on targeted C&I verticals like hospitals, malls, textile manufacturing, automotive, chemicals, and more. 'Partnerships like these are critical to drive systemic decarbonization at scale in the Indian C&I segment,' said Manya Ranjan, Co-founder of Two Point O Capital. 'The combined strength of Two Point O Capitals financial innovation and solutioning capabilities with Sattva Consulting's understanding of sector-specific sustainability opportunities will help deliver a measurable impact that is both economically and environmentally transformative.' As India Inc. navigates an era of ESG mandates, rising energy costs, and global investor scrutiny, this partnership offers a timely and powerful platform to turn sustainability ambition into action, with a strong return on both capital and the environment. About Sattva Consulting Sattva Consulting is a global impact consulting firm founded in 2009, dedicated to enabling scalable societal impact. We work closely with communities, businesses, and governments to design and implement solutions that drive inclusive and sustainable growth. Our Sustainability & Business Advisory vertical supports corporates, investors, development finance institutions, and start-ups in meeting their ESG and sustainability goals. We help organizations minimize risk and maximize impact through services such as ESG reporting and benchmarking, ESDDs, value chain and portfolio assessments, climate risk analysis, decarbonization roadmaps, ESG systems design, and capacity building. Headquartered in India, Sattva's work spans 25 countries across five continents. To learn more, visit or reach us at esg@ About Two Point O Capital Two Point O Capital is India's first full-stack, clean energy financing platform dedicated to the Commercial & Industrial (C&I) segment. It offers outcome-based financing for distributed clean energy projects across solar rooftops, energy efficiency, and wastewater treatment. Powered by an AI-ML-enabled platform, it ensures seamless deal lifecycle management and robust risk mitigation. With a strong focus on customer-centricity, the company delivers innovative, tech-led decarbonisation solutions that drive energy cost savings and operational efficiency. Its versatile solution suite serves diverse industries, including pharma, auto, hospitality, and specialty chemicals, enabling sustainable transformation at scale.
Hindustan Times
10-07-2025
- Business
- Hindustan Times
Sattva Group to develop 30-acre mixed-use project in Vizag with ₹1,500 crore investment
Bengaluru-based real estate developer Sattva Group has announced a ₹1,500 crore investment for its upcoming 30-acre mixed-use project in Visakhapatnam, Andhra Pradesh, the company said in a statement. Bengaluru-based real estate developer Sattva Group has announced a ₹ 1,500 crore investment for its upcoming 30-acre mixed-use project in Visakhapatnam, Andhra Pradesh. (Representational Image)(Unsplash) Named Sattva Vantage Vizag Campus, the development will feature a blend of Grade A office spaces, premium residential units, and integrated urban infrastructure, with a focus on sustainability and smart living. The announcement follows a high-level meeting between Sattva Group and Nara Lokesh, Andhra Pradesh's Minister for Information Technology, Electronics and Communications, on July 8. According to the statement issued by Sattva, the group acknowledged the Minister's leadership and vision to transform Vizag into a premier IT and innovation hub. Read More: Bengaluru bucks national trend as mid-premium housing demand surpasses luxury: Sattva Group MD Bijay Agarwal Once operational, the campus is expected to generate over 25,000 direct employment opportunities, accelerating the socio-economic development of the region. 'We are proud to partner with Andhra Pradesh in shaping the future of Visakhapatnam,' Sattva Group said in a statement. 'This campus will not only offer world-class infrastructure but also support inclusive economic growth and vibrant urban living.' Read More: Bengaluru-based Sattva Group to invest ₹12,000-14,000 crore in three years, mulls IPO for Simpliwork Sattva aims for ₹ 6,000 crore in FY26 sales across Bengaluru, Goa, Hyderabad and Mumbai Overall, Sattva Group plans to clock ₹6,000 crore in home sales for FY26, up from ₹3,500 crore in the previous fiscal, Sattva Group MD Bijay Agarwal previously told The real estate developer plans to launch around 18 million sq ft of residential space by the end of the financial year across key cities including Bengaluru, Hyderabad, and Goa. "Of this, 2.3 million sq ft has already been launched, while more than 11 million sq ft is currently under construction. To date, we have delivered over 31 million sq ft of homes across about 50 residential projects across cities," Agarwal said. "The steady year-on-year growth is being driven by a combination of strong project execution and timely launches in high-demand micro-markets," he said.
New Indian Express
09-07-2025
- Business
- New Indian Express
Sattva Group to set up Rs 1,500 crore IT park in Vizag
VIJAYAWADA: In a significant boost to Andhra Pradesh's IT growth and digital transformation drive, the Sattva Group has announced a Rs 1,500-crore investment to develop an integrated IT campus in Visakhapatnam. The 30-acre project, titled Sattva Vantage Vizag Campus, will be a landmark development in the port city, combining Grade A office spaces, premium residential zones, and world-class infrastructure built on principles of sustainability and smart urban design. The announcement follows a series of strategic discussions between the Sattva Group and Andhra Pradesh IT Minister Nara Lokesh, whose proactive leadership and vision have positioned the state as a prime destination for technology and infrastructure investment. The project is expected to generate over 25,000 direct jobs, contributing to the government's efforts to promote investments in Vizag. This is right time to invest in AP, asserts Lokesh A spokesperson for the Sattva Group stated, 'We are proud to be partnering with the Government of Andhra Pradesh in this transformative journey. Minister Nara Lokesh's clarity of vision, deep industry insight, and commitment to building a future-ready Andhra Pradesh played a crucial role in shaping this initiative.' Minister Lokesh, who is leading Andhra Pradesh's digital mission, has set an ambitious target of generating 2 million jobs across the state, including 5 lakh in the IT and GCC sectors. The Sattva project adds momentum to Visakhapatnam's emergence as a digital capital, supporting this goal.
Hans India
09-07-2025
- Business
- Hans India
Sattva Group to set up campus in Vizag with Rs. 1,500 cr
Bengaluru: In a major boost to Andhra Pradesh's vision of becoming a national technology and innovation powerhouse, the Sattva Group has announced the development of a Rs 1,500 crore, 30-acre integrated campus in Visakhapatnam. The initiative follows discussions of the Sattva group with IT minister Nara Lokesh. The proposed Sattva Vantage Vizag Campus is set to be a landmark infrastructural development in the port city. The infrastructure will combine Grade A office spaces, premium residential zones, and world-class infrastructure designed to meet global standards of sustainability and smart urban planning. The project is expected to generate over 25,000 direct jobs, contributing largely to the local economy. The announcement marks a key milestone in the government's efforts to channel investment into tier-2 cities like Visakhapatnam, which are now emerging key investment drivers in the IT and GCC (Global Capability Centres) ecosystem. Speaking on the development, a spokesperson for the Sattva Group said, 'We are proud to be partnering with the Government of Andhra Pradesh in this transformative journey. Minister Nara Lokesh's clarity of vision, deep understanding of the industry, and commitment to building a future-ready Andhra Pradesh has played a crucial role in shaping this initiative.' Minister Lokesh, who has been spearheading AP's digital and IT push, has laid out an ambitious vision to generate 20 lakh jobs across the state, including 5 lakh in IT and GCC sectors. The Sattva Group's project aligns directly with this agenda and adds further momentum to Visakhapatnam's transformation into a digital capital. The government's focus on building integrated infrastructure, enhancing air connectivity (with the Bhogapuram International Airport under development), and skilling youth in high-growth areas like AI, cloud computing, and cybersecurity is laying a strong foundation for sustained tech-led growth in the state.
