CaratLane Brings Treasure Chest Jewellery Savings Plan to PhonePe

CaratLane Brings Treasure Chest Jewellery Savings Plan to PhonePe

By Manu Vardhan Kannan

Published on January 20, 2026

CaratLane, A TATA Product and one of India’s leading omnichannel jewellery brands, has announced the launch of its popular Treasure Chest jewellery savings plan on the PhonePe app. With this move, CaratLane becomes the first Indian jewellery brand to offer a dedicated savings scheme on the PhonePe platform, opening a new digital pathway for planned jewellery buying for millions of users. The CaratLane Treasure Chest on PhonePe has been available for enrolment starting from January.

This integration significantly expands CaratLane’s reach, combining its retail presence across all 28 states and union territories with PhonePe’s user base of over 650 million. Through the PhonePe app, users can now seamlessly enrol in the Treasure Chest scheme, making structured jewellery savings more accessible, flexible, and convenient.

Treasure Chest is CaratLane’s jewellery savings plan that allows customers to make monthly contributions over a fixed tenure. Under the scheme, customers pay nine instalments and receive the tenth instalment as a benefit from CaratLane, offering the popular “9 equals 10” advantage. At the end of the tenure, the accumulated amount can be redeemed for jewellery, with additional benefits, either online or at any CaratLane store.

Commenting on the launch, Saumen Bhaumik, Managing Director, CaratLane, said, “Jewellery is often a planned purchase, especially the kind CaratLane is known for, designed for everyday wear across work, travel, and celebrations. By bringing Treasure Chest to PhonePe, we are enabling millions of customers to plan and save for the jewellery they truly aspire to own, while enjoying the flexibility to shop both online and in-store.”

Sharing her views on the partnership, Niharika Saigal, Head of InApp Categories, Consumer Payments, PhonePe, said that the integration is aimed at offering users a convenient and structured way to save for jewellery. She added that the collaboration simplifies the jewellery-buying journey by providing a seamless and secure platform for customers to plan their aspirations.

By hosting Treasure Chest on PhonePe, CaratLane enables customers to begin their jewellery journey digitally while retaining access to its extensive physical store network. The integration is also expected to encourage early planning for the festive buying season, including Dhanteras, helping customers adopt a more disciplined and rewarding approach to jewellery purchases.


India Aviation Sector to Reach 500 Million Passengers by 2030

India Aviation Sector to Reach 500 Million Passengers by 2030

By Manu Vardhan Kannan

Published on April 26, 2026

India’s aviation sector is on track for strong growth, with passenger traffic expected to reach around 500 million annually by 2030 and nearly 1 billion by 2047. This projection was shared by industry leaders at the Airport 360 Expo 2026, held at the Bombay Exhibition Centre.

The growth is being supported by steady demand, expansion of airline fleets, and ongoing infrastructure development. With over 1,000 aircraft orders already in place, the sector is preparing for a major scale-up in the coming years.

Speaking at the event, BVJK Sharma, CEO, Navi Mumbai International Airport Ltd, said, “We are already one of the top three domestic aviation markets in the world, and we are continuing to grow rapidly. In 2025 itself, we handled about 4 million passengers and 3.5 million of cargo, which is around 20 per cent higher than the pre-COVID levels.”

He added that while the sector has historically grown at 10–12 per cent, the pace may gradually stabilise to around 5.6 per cent by 2044. However, in the near term, domestic air travel demand is expected to remain strong, with an initial year-on-year growth of about 17 per cent.

India’s aviation infrastructure is also expanding quickly, with more than 160 operational airports currently and continued investments under national programmes. The sector already contributes nearly USD 54 billion to the economy and supports millions of jobs. Emerging segments like MRO are also expected to play a key role in strengthening the overall ecosystem.

At Navi Mumbai International Airport, development is being carried out in phases, with plans to handle up to 90 million passengers by 2032. The focus remains on building strong connectivity, improving digital systems, and ensuring smooth operations through integrated planning.

Sharad Kumar, Chief Advisor, Airports Authority of India, highlighted that the sector is entering a crucial phase where growth needs to be backed by clear strategy. “Globally, the industry is being shaped by digital transformation, sustainability, and deeper integration across aviation, logistics, tourism, and trade. At the same time, recent geopolitical developments have highlighted the sector's vulnerability, impacting routes, costs, and operational efficiency,” he said.

He also noted that India has a strong advantage with rising demand, better infrastructure, and a long-term vision to expand to around 350 airports by 2047. Initiatives like UDAN have already improved regional connectivity, and the next phase will focus on efficiency, long-term viability, and better network integration.

A key focus going forward will be to reduce reliance on foreign hubs for international travel and create stronger domestic hubs. This includes improving policy support, strengthening infrastructure, and using technology to build a more efficient aviation ecosystem.

Organised by Media Fusion, the second edition of the two-day Airport 360 Expo brought together over 2,500 industry professionals, more than 70 exhibitors, and over 200 aviation experts. Participants from over 10 countries, including Germany, Singapore, Oman, Sri Lanka, Nepal, and Thailand, were part of the event.

With strong demand and continued investments, India’s aviation sector is steadily moving towards becoming a global hub in the coming decades.


Millennium Club Launches in Pune, Redefining Sport-Led Lifestyle Experiences

Millennium Club Launches in Pune, Redefining Sport-Led Lifestyle Experiences

By Hariharan U

Published on April 25, 2026

In a significant move towards building integrated urban lifestyle destinations, The Phoenix Mills Ltd, in partnership with Ileseum Clubs, has launched Millennium Club in Wakad, Pune. The new development brings together sport, wellness, hospitality, and community into a single, experience-led ecosystem.

Strategically located alongside Millennium Towers and Phoenix Mall of the Millennium, the Club is part of a larger mixed-use development spanning over 2.6 million sq. ft. of commercial and retail space. Designed as a lifestyle extension of the workplace and retail environment, Millennium Club reflects a growing shift towards integrated urban living.

Spread across approximately 62,000 sq. ft. over six floors, along with a pool and terrace, the Club offers a multi-dimensional experience. It features professional-grade sports infrastructure including pickleball, squash, and badminton courts, alongside expansive fitness and wellness zones. The space is designed to seamlessly transition from daytime fitness activities to evening social and hospitality experiences.

Enhancing its wellness offering, the Club has partnered with leading brands such as Fittr, Tattva Spa, and Manah Wellness, creating a holistic ecosystem focused on health and wellbeing.

A key highlight of the destination is Aufside, a sports-led hospitality concept developed by Aufside Hospitality LLP. Designed as a multi-level venue, it combines large-format sports screenings with social dining, catering to both high-energy match days and relaxed gatherings.

Commenting on the launch, Vithal Suryavanshi, CEO – Commercial Real Estate at The Phoenix Mills Ltd, said the Club is a natural extension of the company’s philosophy of building integrated destinations where work, leisure, and community coexist. He emphasised the importance of embedding wellness into everyday urban life rather than treating it as an occasional pursuit.

Pavit Singh, Co-Founder of Aufside Hospitality LLP and Managing Partner at Ileseum Clubs, highlighted that the launch marks a key milestone in expanding sports-led lifestyle destinations across India, tailored for the evolving expectations of modern consumers.

The launch comes at a time when India’s sports industry, valued at over ₹18,000 crore, is witnessing strong growth alongside rising demand for organised, experience-driven formats. Millennium Club responds to this shift by offering a scalable model that integrates sport, wellness, and social engagement within a single platform.

With expansion plans already underway across key cities, Millennium Club is positioned as a flagship prototype for the next generation of community-driven, sport-led urban destinations in India.


Garden Café Marks Earth Day with Everyday Sustainability

Garden Café Marks Earth Day with Everyday Sustainability

By Hariharan U

Published on April 24, 2026

On the occasion of Earth Day, Garden Café highlights how sustainability can be seamlessly integrated into everyday operations. One of Kolkata’s oldest café brands, the establishment has built its identity not just around food and community, but also on responsible practices that reduce environmental impact.

Founded with the vision of creating an accessible and community-friendly space, the café has evolved over the years while staying rooted in its core values. Under the guidance of its founder, Sandip Nowlakha, the brand has been reimagined to reflect a more conscious way of operating without compromising on its inclusivity and legacy.

Today, with five outlets across Kolkata, including its newest in Newtown, Garden Café continues to expand while maintaining a balance between growth and responsibility. A notable example is its waste management approach, where food waste is systematically redirected to piggeries. This simple yet effective practice helps reduce landfill contribution while supporting a circular system.

Further reflecting its forward-thinking mindset is its in-house brand ‘Jiggis,’ which has introduced probiotic potato chips, an innovation seen in only a few companies globally. Alongside this, the café’s association with initiatives like Art of Living and participation in social awareness campaigns reinforce its commitment to mindful living.

Rather than relying on one-off initiatives, Garden Café focuses on consistency in everyday actions from responsible waste handling to conscious product innovation.

Speaking about the philosophy, Sandip Nowlakha shared that sustainability is not a separate effort but a part of daily decision-making, ensuring that growth does not come at the cost of responsibility.

As conversations around sustainability grow louder, Garden Café’s approach serves as a reminder that long-term impact is built through small, consistent choices made every day.

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