MAM
Mercer announces Siddhartha Gupta as India president
Mumbai: Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, announced today the appointment of Siddhartha Gupta as its India president. Gupta brings a wealth of experience and expertise to this role, having most recently served as Mercer Mettl’s CEO.
Gupta will report to Marsh McLennan’s India CEO Sanjay Kedia, and will join the leadership teams for Marsh McLennan in India and Mercer in India, Middle East and Africa Region.
Kedia added, “Under Siddhartha’s leadership, Mercer Mettl, our international talent assessment arm, has achieved remarkable growth, becoming the largest online assessment entity in India and one of the world’s fastest-growing HR and Ed-tech startups. With his proven track record of success and deep understanding of the talent landscape, he is poised to drive innovation and propel Mercer’s success in India.”
Gupta commented, “I am excited to take on this role and lead efforts to further strengthen Mercer’s position as a trusted partner for organizations seeking to unlock their workforces’ full potential. Together with the talented teams at Mercer, I look forward to continuing to deliver exceptional value to our clients.”
Brands
Hyundai and TVS Motor partner to develop electric three wheelers
Joint development pact targets last mile mobility with localisation push
MUMBAI: Three wheels, one big ambition and a charge towards the future. Hyundai Motor Company and TVS Motor Company have signed a joint development agreement to co-create electric three-wheelers (E3Ws), aiming to crack India’s complex last-mile mobility puzzle. The collaboration moves beyond concept talk into execution mode, building on the E3W prototype first showcased at the Bharat Mobility Global Expo 2025. The goal now is clear, design, develop and commercialise a purpose-built vehicle tailored to Indian roads, riders and realities.
Under the agreement, Hyundai will lead design and co-development, bringing its global R&D muscle and human-centric engineering approach to the table. TVS Motor, meanwhile, will anchor the product on its electric platform, leveraging deep three-wheeler expertise and local market insight. It will also handle manufacturing and sales in India, with an eye on exports down the line.
The timing is strategic. India remains the world’s largest three-wheeler market, where affordability, durability and adaptability often outweigh sheer innovation. The upcoming E3W aims to strike that balance combining advanced technology with practical features such as adaptive ground clearance for monsoon-hit roads, improved thermal management for tropical climates, and flexible interiors suited for passengers, cargo or emergency use.
A key pillar of the partnership is localisation. Major components will be sourced and manufactured within India, a move expected to strengthen the domestic supply chain, create jobs, lower costs and improve after-sales support.
The shift from prototype to production will involve rigorous testing, certification and refinement to meet regulatory standards and consumer expectations. Dedicated cross-functional teams from both companies are already in place to accelerate timelines.
At a broader level, the tie-up reflects a growing trend in mobility, global players partnering with local specialists to navigate emerging markets. For Hyundai and TVS, the bet is that combining scale with street-level insight could unlock a new chapter in sustainable urban transport, one that runs not just on electricity, but on relevance.
