

Daybreak 2024 Wrap Part 2: Writers' picks
28 snips Dec 19, 2024
In this discussion, Shristi Achar, a Ken reporter focused on tech and manufacturing, highlights the challenges facing Karnataka's electric vehicle battery initiatives. She dives into the logistical hurdles of establishing battery plants, including electricity and water supply issues. Shristi also reflects on the competitive landscape for battery manufacturing in India and the complexities of local production amid global supply chain dependencies. Unexpected insights into industry growth and resilience add depth to her analysis.
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Agilitas's Rapid Success
- Three former Puma executives started Agilitas Sports, an unconventional footwear company.
- Within a year, Agilitas generated over ₹700 crore in revenue.
Unexpected Acquisition
- Agilitas acquired Mochiko Shoes, a major manufacturer for brands like Puma, Nike, and Adidas.
- This acquisition surprised many, including The Ken reporter DVLS Pranati.
Shoes for Indian Feet
- Agilitas focuses on making shoes specifically designed for Indian feet.
- They recognize the diversity of foot shapes in India and aim to improve comfort and shoe longevity.