DevMantra Times: 51th Edition 2nd June 2025

We welcome you to the Fiftyfirst edition of DevMantra Times for the month of June 2025. This edition of our newsletter, where we bring you the latest developments shaping India’s dynamic business and innovation landscape. The IndiaAI Mission has taken a major leap forward by selecting 10 promising
homegrown AI startups for its flagship global acceleration programme, in collaboration with Paris-based Station F and HEC Paris. This initiative is set to propel Indian AI innovators onto the world stage, reinforcing India’s growing influence in the global AI ecosystem. Meanwhile, Ola Electric’s CEO Bhavish
Aggarwal reflects on a challenging Q4, outlining a renewed focus on disciplined capital allocation and risk
management as the company navigates regulatory pressures and a shifting competitive landscape.

Industry & Economic Updates

Dispatched 5.18 lakh vehicles through Indian Railways in FY 2024-25: Maruti Suzuki

Maruti Suzuki India has set a new milestone by achieving its highest-ever vehicle dispatch through Indian Railways during the financial year 2024-25, with a total of 5.18 lakh units transported. Since initiating rail-based logistics in FY 2014-15, the company has dispatched approximately 24 lakh vehicles via this mode,efficiently reaching over 600 cities across India as well as key export ports.

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