Industry Trends

How PhonePe’s Indus Appstore is helping app developers move beyond high commissions and reach the next Digital Bharat

India is a mobile-first country in the truest sense. From metros to small towns, smartphones have become the primary gateway to the internet for more than 700 million people, used for hours every day. The numbers are staggering. India now accounts for nearly 25% of global app downloads, with 25-30 billion installs each year. But behind this growth lies a contradiction. While users multiplied, many Indian developers struggled. Complex policies, high commissions, and platforms built for global audiences often left little room for local realities. That gap is what Indus Appstore is trying to fill. Backed by PhonePe , Indus Appstore is a Made-for-India app store built for a diverse, multilingual country. It is designed to support Indian developers with fair-market policies, a developer-first approach, and an alternate horizontal app store that offers a more sustainable path to growth. The Developer's Advantage: Build, Reach, and Grow Indus Appstore offers its developers a strategic thre...

Industry Trends

Chinese auto parts firm offers apartments to employees to improve retention

A Chinese auto components manufacturer has drawn widespread attention after unveiling a rare employee- retention incentive that goes beyond bonuses and promotions. Zhejiang Guosheng Automobile, a maker of automotive fasteners based in Wenzhou, has introduced a housing-linked reward scheme under which long-serving employees can receive residential apartments. As part of this initiative, the company has [...] The post Chinese auto parts firm offers apartments to employees to improve retention appeared first on HR Katha .

Industry Trends

How GMI Infra, led by Mohit Bansal, Is shaping industrial parks, IT hubs and Urban growth in North India

GMI Infra is working toward a clear and ambitious objective: to build integrated technology, industrial and urban ecosystems that support India’s next phase of growth. With a defined roadmap that includes the development of 10 IT parks, along with two logistics parks and two industrial parks by 2030, the company is focused on creating environments that generate long-term economic value rather than short-term attention. This direction is shaped by Mohit Bansal, Founder and CEO of GMI Infra, who entered the real estate sector with a conviction that the strength of India’s future cities would be defined by planning discipline, not construction speed. His belief is rooted in the idea that real estate must function as a system where people, employment and infrastructure evolve together. With an academic foundation in Computer Science and Applied Mathematics from New York, Bansal approaches development as a system where infrastructure, employment and governance must work in balance. A fou...

Industry Trends

J&K Bank raises FY26 loan growth guidance, eyes fundraise in March quarter

J&K Bank has raised its loan growth guidance to 12–15% for the current financial year, citing stronger-than-expected performance and a solid loan pipeline. CEO Amitava Chatterjee said the bank plans a ₹750 crore fundraise in Q4, expects CASA ratios to improve modestly, and remains confident on asset quality with gross NPAs guided below 3%.