Malaysia is considering Huawei’s Ascend 910C processors for a RM2 billion sovereign artificial intelligence project, potentially placing Chinese hardware at the centre of infrastructure designed to keep sensitive national data under domestic control.
The government is seriously evaluating Huawei’s AI accelerators for the initiative, although no final procurement decision has been announced and the number of chips under consideration remains unclear. The project would be operated by state-linked Telekom Malaysia, which was selected through a public tender and already works with Huawei on cloud infrastructure.
The deliberations put Malaysia at the centre of a widening contest between Washington and Beijing over the technology underpinning artificial intelligence. US officials have warned that use of Huawei’s Ascend 910C could violate American export-control rules, while Malaysia has maintained that technology decisions should serve its national interests and comply with applicable laws.
Huawei’s 910C is the company’s flagship AI accelerator currently available at scale. Malaysia is considering that product rather than the newer Ascend 950 series, which remains in limited production. Huawei has sought to expand sales of its AI systems beyond China as US restrictions continue to limit its access to advanced foreign semiconductor manufacturing technology.
Telekom Malaysia’s existing AI computing service uses Nvidia processors, highlighting the competing technology options facing Kuala Lumpur. The government is also discussing another tender process that could give Nvidia and other US suppliers a more direct opportunity to compete for the sovereign AI contract.
Prime Minister Anwar Ibrahim has repeatedly argued that Malaysia should build domestic technological capability rather than remain solely a consumer of systems developed overseas. His government formally established AI Malaysia Berhad under the Digital Ministry in July to lead its ambition of becoming an “AI Nation” by 2030 and to strengthen national AI development, governance and deployment.
Sovereign AI has become particularly important to the government because the proposed infrastructure is intended to process information that could include sensitive government, military and intelligence material. Kuala Lumpur wants such data to remain within Malaysia, reducing dependence on foreign-controlled computing environments and giving national institutions greater authority over storage and access.
Anwar has also questioned the implications of the US Cloud Act, which allows American courts in specified circumstances to compel US technology companies to provide electronic data even when it is stored abroad. Speaking to university students in April, he described the law as unreasonable while acknowledging the difficulty of challenging Washington on the issue.
US officials have raised separate security concerns about Huawei equipment being used to handle intelligence-related material, including information supplied by foreign governments. A State Department spokesperson said secure technology was essential to economic prosperity and warned that suppliers susceptible to government manipulation could pose risks to critical infrastructure, privacy, intellectual property and national security. The statement did not name China or Huawei.
Malaysia’s National Security Council officials are expected to visit Washington later this month for discussions that will include the technology issue. The talks come as the United States promotes American AI hardware, software and applications across developing markets and considers government-backed financing packages to strengthen the international position of US suppliers.
The current evaluation follows an earlier controversy in May 2025, when a deputy communications minister said a Malaysian AI initiative would deploy 3,000 Huawei Ascend chips. Her remarks were withdrawn shortly afterwards, and the Investment, Trade and Industry Ministry clarified that the project concerned was privately driven, not endorsed or coordinated by the government.
At the time, the ministry said any government AI infrastructure programme would require legal, operational and reputational due diligence. It also reaffirmed Malaysia’s commitment to applicable export-control laws while asserting the country’s sovereign right to formulate policy according to national interests.
Malaysia’s National AI Action Plan for 2026-2030 calls for responsible adoption, stronger domestic capabilities and globally competitive locally developed solutions. The programme links AI deployment to economic productivity, public-sector transformation and governance, placing infrastructure choices within a strategy.
Chile’s first artist conceived as an artificial-intelligence-driven project has made her public debut, releasing the single “Pelis de Amor” and appearing in a live show that combined music, dance and projected visuals. EMM4 was developed by Santiago-based creative agency DUGG, which describes the project as an artist built from the outset through artificial intelligence tools and human creative direction rather than as a conventional singer using AI […]
Arabian Post Staff -Dubai Dubai Multi Commodities Centre has formally brought the world’s largest silver bar into regulated tokenised investment, allowing eligible investors to buy fractional digital interests linked to the 1,971kg Guinness World Record asset. The launch makes the bar the first tokenised commodity asset issued under the DMCC-Virtual Assets Regulatory Authority tokenisation framework, advancing Dubai’s push to create regulated markets for real-world assets represented digitally. […]
Arabian Post Staff -Dubai Abu Dhabi has introduced the Gulf region’s first Digital Skills Card, giving employers and regulators a blockchain-backed way to verify professional qualifications and skills through a QR code. The Abu Dhabi Quality and Conformity Council, or QCC, launched the credential with Union Assessment and Quality Accreditation, known as UAC, on Monday. Each card is tied to a certification awarded through personnel conformity programmes […]
Arabian Post Staff -Dubai Etihad Salam Telecom Company signed 29 strategic partnerships during LEAP 2026 in Riyadh, using the four-day technology gathering to widen its portfolio across connectivity, cloud services, cybersecurity, artificial intelligence and enterprise digital solutions. The company, known as Salam, said the agreements formed the centrepiece of its participation as a strategic sponsor and supported its shift from a traditional telecommunications provider towards an integrated […]
CrowdStrike is investigating a publicly released proof-of-concept exploit that a security researcher says can elevate local privileges to SYSTEM level on Windows machines running its Falcon endpoint sensor. The exploit, dubbed FalconFlank, was published on GitHub on September 3 by a researcher using the names Nightmare Eclipse, Chaotic Eclipse and MSNightmare. The researcher described it as a zero-day privilege-escalation flaw that abuses Falcon Sensor’s Microsoft Office malicious-macro […]
By Dr. Gyan Pathak The truthfulness of the BBC documentary “The Modi Question” was never put on trial and now the plaintiff NGO from Gujarat, Justice on Trial, withdrew its ₹10,000 crore defamation lawsuit against BBC on September 3, 2026, with liberty to file a fresh suit on the same cause of action. BBC was […]
With 30 Years of Industry Dedication, A-Share Listed Enterprise Huali Shares Achieves Over 50% Growth Against Market Trends
HUAFULI Makes Its First Foray into Hong Kong with the Grand Opening of the 2,800 sq. ft. “HUAFULI Hong Kong Home Art Gallery”
Executive President Xie Zhikun Reveals Deep Ties with Hong Kong; Hong Kong Regional Manager Ken So Addresses Industry Pain Points and Sets HK$100 Million Sales Target
HONG KONG SAR – Media OutReach Newswire – 7 September 2026 – HUAFULI, a high-end decorative panel brand under the Shanghai Stock Exchange main board listed company “Dongguan Huali Industries Co., Ltd.” (Stock Code: 603038.SH), has leveraged its 30 years of brand heritage and formidable R&D and supply chain strength to achieve a rapid growth of over 50% against recent market downturns! Backed by a robust brand history, HUAFULI served as a supporting furniture materials supplier for top-tier international events, including the 2008 Beijing Olympics, the 2010 Guangzhou Asian Games, and the 2011 Shenzhen Summer Universiade, earning national-level recognition for its quality.
(From left) Mr. Wang Tangxin, Co-founder of Dongguan Huali Industries Co., Ltd.; Mr. Xie Zhikun, CEO and Co-founder of Dongguan Huali Industries Co., Ltd.; Mr. Wayne Lai Yiu Cheung, Brand Spokesperson of HUAFULI; Mr. Jacky Tan Xujie, Vice Chairman of Dongguan Huali Industries Co., Ltd.; Mr. Ji Juntao, Vice President of Dongguan Huali Industries Co., Ltd.; and Mr. Lu Xuqiu, Co-founder of Dongguan Huali Industries Co., Ltd. jointly officiate the ribbon-cutting ceremony for the opening of the new showroom.
HUAFULI today officially announced its full-scale entry into the Hong Kong market, establishing its presence in the heart of Lockhart Road, Wan Chai—renowned as “Hong Kong’s Building Materials Street.” A grand opening ceremony was held for its brand-new 2,800 sq. ft. flagship exhibition hall, the “HUAFULI Hong Kong Home Art Gallery”. The brand offers an Integrated Door-Wall-Cabinet solution and localized services, using Hong Kong as a strategic pivot to expand into the global market!
The ceremony, themed “Huafuli: A New Chapter in Hong Kong”, was officiated by management representatives, including Mr. Jacky Tan Xujie, Vice Chairman of Dongguan Huali Industries Co., Ltd., Mr. Xie Zhikun, CEO and Co-founder of Dongguan Huali Industries Co., Ltd., Mr. Lu Xuqiu, Co-founder of Dongguan Huali Industries Co., Ltd., Mr. Wang Tangxin, Co-founder of Dongguan Huali Industries Co., Ltd., Mr. Ji Juntao, Vice President of Dongguan Huali Industries Co., Ltd., and Mr. Ken So, Sales Manager of the Hong Kong Region, Huafuli. The event also featured a heavyweight guest, three-time TV King, renowned artist, and Brand Spokesperson Mr. Wayne Lai, who attended the ribbon-cutting and conducted a live contract signing ceremony, witnessing this significant milestone in HUAFULI’s development in Hong Kong.
30 Years of Dedication: From Single-Product Champion to System Service Provider; Executive President Xie Zhikun Reveals Deep “Hong Kong Ties”
Founded in 1995, Huali Shares was listed on the SSE main board in 2017. In its early years, the brand took the lead in breaking foreign technological monopolies, spearheading the formulation of China’s furniture edge banding industry standards, and achieving the highest national sales for ten consecutive years. Over 30 years of development, the brand has successfully upgraded from an edge banding sales champion to a whole-house system service provider encompassing decorative panels, edge banding, and home hardware. Amid the transformative challenges faced by the home building materials industry in recent years, HUAFULI has defied market trends with a robust growth of over 50%, demonstrating remarkable business resilience and market leadership.
During his opening speech, Mr. Xie Zhikun, CEO and Co-founder of Dongguan Huali Industries Co., Ltd., shared emotionally: “Thirty years ago, we started with a single edge banding strip, proactively formulating the industry standards for furniture edge banding in China and maintaining the number one sales position nationwide for thirty consecutive years. With this dedication, we successfully upgraded from a ‘single-product champion’ to a complete system covering decorative panels, edge banding, and home hardware. Even when the industry faced challenges recently, HUAFULI still achieved a 50% growth against the trend. In fact, our connection with Hong Kong began back in 2008 when we established a subsidiary here. Hong Kong people are extremely particular about home quality, placing special emphasis on eco-friendliness, moisture resistance, and health, which are precisely HUAFULI’s strengths. The ‘HUAFULI Hong Kong Home Art Gallery’ unveiled today is not just an ordinary showroom, but a home art gallery that offers peace of mind and lifestyle aesthetics. In the future, we will collaborate with all sectors in Hong Kong using solid products, a professional team, and localized services, opening a new chapter where quality and craftsmanship parallel each other—basing ourselves in Hong Kong, connecting with the Mainland, and radiating globally!”
Mr. Ken So, Sales Manager of the Hong Kong Region, Huafuli, Addresses Three Industry Pain Points, Eliminates Northbound Travel Hassles, and Sets a HK$100 Million Sales Target
In an exclusive media interview, Mr. Ken So, Sales Manager of the Hong Kong Region, Huafuli, deeply analyzed the business logic and localized strategy behind the brand’s entry into Hong Kong:
Eliminating Cross-border Travel Fatigue to Significantly Boost Deal Success Rates: Mr. So pointed out that local interior designers and homeowners were often limited to brochure samples or had to endure tiring trips to Mainland factories to view actual materials. “We established ourselves directly in the core area of Lockhart Road, Wan Chai, building a 2,800 sq. ft. high-spec exhibition hall. Designers can now bring clients at any time to view 1:1 physical large panels and finished door-wall-cabinet displays. The art gallery does not retail directly to homeowners but serves as a shared design base for Hong Kong designers and contractors, addressing eco-concerns on the spot and significantly improving local designers’ deal success rates.”
Insisting on a 100% Direct-Sale Model with Unified National Pricing—”Not a Cent Added”: Differentiating from traditional building material brands that rely on multi-tiered agents, Mr. So emphasized HUAFULI’s commitment to a direct-sale system: “Whether in the Mainland or Hong Kong, HUAFULI is directly operated by the group, ensuring high consistency in product quality, after-sales service, and pricing. Although we have set up a top-tier showroom in the prime location of Wan Chai and hired a star spokesperson, the panel prices remain unified nationally with the Mainland—’not a cent added’—truly yielding benefits to local partners with sincerity.”
Eco-friendly Panels Replacing Traditional Laminates; Setting a HK$100 Million Sales Target: Mr. So analyzed that eco-friendly decorative panels are in a golden growth period in Hong Kong, gradually replacing traditional fireproof laminates and veneers. “We see massive market potential, and HUAFULI has set a target of achieving HK$100 million in sales in Hong Kong within 3 to 5 years! The Hong Kong market is strict and aligned with international standards. We are using Hong Kong as a touchstone and strategic hub for adapting to global standards, and will further expand into more overseas markets in the future.”
Strong Supply Chain Backing to Achieve “Zero Minimum Order, Next-Day Delivery” Express Fulfillment: Relying on six major production bases in the Mainland (totaling 600,000 square meters) and a network of 14 branch warehouses, HUAFULI breaks the traditional months-long waiting period for imported building materials. It provides the local industry with a localized, one-stop delivery service characterized by “zero minimum order, zero inventory requirements, same-day response, and next-day delivery,” greatly alleviating the financial and warehousing pressures on local partners.
Global Debut of German-Japanese Nano-Microcrystalline EBH Technology; Dual Ultimate Eco-certifications Lead New Trends in HK Building Materials
With Hong Kong’s increasingly stringent requirements for green buildings, indoor air quality, and ESG standards, HUAFULI brings a high-specification product system suitable for the Hong Kong environment:
Hong Kong Debut of the German-Japanese EBH Series: Combining German plasma spraying and Japanese precision light-curing technologies, this series boasts top-tier performance across six dimensions: anti-fingerprint (90% reduction), scratch resistance (2H+ hardness), anti-mildew and antibacterial (99.5%+), and yellowing resistance. Its surface presents an advanced, luxurious 5° matte gloss, perfectly adapting to Hong Kong’s humid climate.
Dual Highest Eco-certifications: “ENF Grade + JIS JAS F4-star”: Showcasing top-tier eco-friendly panels (including Particle Board, Multi-layer Plywood, and Oriented Strand Board, etc.) that have comprehensively passed the dual certifications of the national highest environmental standard “ENF Grade” (formaldehyde emission ≤0.025 mg/m³) and Japan’s highest environmental standard “F☆☆☆☆ (F4-Star).”
Recognized by the “Hong Kong ECO Mark”: The products have obtained the Hong Kong Green Label Scheme certification, achieving extremely low TVOC and formaldehyde emissions from the source. This directly addresses the pain points of Hong Kong’s indoor air quality and aligns with the high standards for ESG inspection by developers.
Patented Laser Edge Banding 2.0 and colour matched door-wall-cabinet system: The entire series comes standard with the original factory’s seamless laser edge banding technology, achieving panel edge banding in-one. HUAFULI particularly advocates the “Integrated Door-Wall-Cabinet” concept, where interior doors, wall panels, and custom cabinets are all made from the same original factory batch of substrates with identical colors and textures. This achieves zero color difference and a highly unified whole-house aesthetics with perfectly extended textures, providing unparalleled one-stop quality solutions when paired with original factory moldings and hardware components.
Star Spokesperson Mr. Wayne Lai Yiu Cheung Attends the Event, Heavily Endorses Dual Ultimate Eco-friendliness at Contract Signing
The atmosphere at the grand opening ceremony was vibrant, with traditional auspicious lion eye-dotting and lion dance performances kicking off the splendid prologue for the “HUAFULI Hong Kong Home Art Gallery.” Brand Spokesperson Mr. Wayne Lai Yiu Cheung conducted a grand contract signing ceremony on site and joined management guests for a celebratory group toast and photo.
Hashtag: #HUAFULI
The issuer is solely responsible for the content of this announcement.
About HUAFULI
Founded in 1995, Huali Shares was listed on the main board of the Shanghai Stock Exchange in 2017 (Stock Code: 603038.SH). Starting from the field of decorative composite materials, the company has adhered to integrity and innovation, inherited the spirit of craftsmanship, and over the past 30 years, has developed into a comprehensive holding enterprise encompassing home building materials, smart water affairs, membrane filtration materials, and industrial digital intelligence businesses. It is committed to leading industry progress through high-level R&D, satisfying people’s aspirations for a better life through technological innovation, and empowering industrial upgrades through digital and intelligent technologies. Its home building materials business primarily focuses on edge banding, decorative panels, and home hardware, mainly used in panel furniture, interior decoration, and commercial space construction. It is the first domestic home materials manufacturing enterprise to break the German technological monopoly and possess independent intellectual property rights, and is the leading formulator of important industry standards for edge banding in China.
Dubai Land Department has introduced its AI-powered Initial Registration platform, combining project registration, property transaction registration and escrow account management in a single digital journey for developers. The platform, launched on September 3, is designed to cut repetitive data entry and document submissions while improving coordination between developers, the Dubai Land Department, or DLD, and banks responsible for managing project escrow accounts. It also gives developers a […]
KOCHI: Artificial intelligence is accelerating the scale, speed and sophistication of cybercrime, making resilience and skilled manpower critical to protecting essential systems, Director General of Police-rank officer and Vigilance and Anti-Corruption Bureau Director Manoj Abraham warned at the Kerala Cyber Suraksha Summit 2026.
Addressing the second edition of the summit at Le Meridien, Kochi, on Saturday, Abraham said cyberattacks had evolved to a point where they could cripple countries and organisations, disrupt critical infrastructure and interfere with military operations without conventional weapons being used.
He cited a 389 per cent year-on-year rise in confirmed ransomware victims worldwide, a figure also recorded by FortiGuard Labs for 2025, when 7,831 victims were identified compared with about 1,600 a year earlier. The security company linked part of the increase to the availability of AI-enabled crime tools and automated attack capabilities.
Abraham also pointed to the financial impact of online fraud across India, saying reported losses reached Rs 19,813 crore in 2025. Data compiled by the Indian Cyber Crime Coordination Centre from the National Cyber Crime Reporting Portal put the number of complaints that year at about 21.77 lakh, underscoring the volume of fraud cases confronting enforcement agencies and financial institutions.
The senior police officer said artificial intelligence had changed both the economics and operational reach of cybercrime by allowing attackers to automate tasks that previously required greater technical skill, time and manpower. That shift has increased the need for organisations to design systems capable not only of preventing breaches but also of continuing essential operations and recovering quickly when attacks succeed.
A shortage of cybersecurity skills is adding to the pressure. Abraham referred to a global gap of 4.8 million cybersecurity professionals, an estimate published by ISC2 in its 2024 workforce study. The organisation’s 2025 study shifted emphasis from total headcount to shortages in specific skills, finding that employers were increasingly concerned about capabilities in areas such as artificial intelligence, cloud security and incident response.
Abraham said Kerala’s human-resource base could provide an advantage in meeting demand for cybersecurity expertise, provided training kept pace with rapidly changing threats. His remarks placed workforce development alongside technology investment as a central component of cyber resilience.
Gaganyaan astronaut-designate Air Commodore Prasanth Balakrishnan Nair, who also addressed the summit, said cybersecurity alone would not be sufficient unless India strengthened its own artificial-intelligence capabilities. He said future conflicts and industries would increasingly blur distinctions between physical and digital domains, making sovereign technological capacity more important.
“No amount of cybersecurity is ever completely sufficient. True security can only be guaranteed if we develop our own AI technology,” Nair said, arguing that the country should use its software strengths to build indigenous systems rather than depend entirely on technologies developed elsewhere.
Ernakulam MP Hibi Eden inaugurated the summit. He welcomed an initiative by F9 Infotech to provide cybersecurity training, awareness programmes and certification without charge to government educational institutions across Kerala, an effort aimed at expanding access to basic cyber skills.
F9 Infotech founder Jayakumar Mohanachandran said cyber protection needed to extend beyond corporate leadership and specialist teams to ordinary users, businesses and public institutions. He said more than Rs 56,000 crore in cyber-fraud complaints had been recorded across India over the past three years, while response systems had helped prevent losses exceeding Rs 11,000 crore across roughly 32 lakh complaints.
FortiGuard Labs’ 2026 threat assessment, reflecting 2025 activity, also found that exploitation attempts rose by about 25 per cent to nearly 122 billion worldwide, while critical vulnerabilities could be targeted within 24 to 48 hours of disclosure. The findings illustrated the shrinking window available to defenders to patch exposed systems, revoke compromised credentials and contain intrusions before attackers move laterally through networks or deploy ransomware at scale globally.
Arabian Post Staff -Dubai Kuwait Finance House-Bahrain has joined Fintech Forward 2026 as a Diamond Sponsor, adding its backing to the fourth edition of Bahrain’s flagship financial services forum scheduled for October 7 and 8. The bank said it will also operate a pavilion in the exhibition area at Exhibition World Bahrain, where visitors will be able to learn about its digital banking services and technology-led offerings. […]
Arabian Post Staff -Dubai The UAE has approved the rollout of an artificial intelligence curriculum across all public and private schools, pairing classroom instruction with large-scale teacher training and a new AI-assisted decision-making system for the federal Cabinet. The decision, announced after a Cabinet meeting chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, makes AI education […]
Tether chief executive Paolo Ardoino has attributed Bitcoin’s failure to match gold’s global reach to a generational divide among financial decision-makers, arguing that the cryptocurrency remains poorly understood by many of the people who control pools of capital. Ardoino said Bitcoin is still at an early stage of adoption compared with gold, whose role as a store of value and reserve asset has been embedded in financial […]
Arabian Post Staff -Dubai Jazan University has launched a project to establish the Jazan Future Skills Center, partnering with Atomcamp Arabia under the sponsorship of Saudi Arabia’s Ministry of Communications and Information Technology during LEAP 2026. The university said the centre is intended to accelerate technology localisation, develop specialised local expertise and strengthen national capabilities in artificial intelligence and other digital fields. It will also support entrepreneurship, […]
Used-car marketplace CARS24 has complained to cybercrime police that confidential information linked to about 3,100 customers was unlawfully taken and passed to a competing business and outside vehicle dealers, with individual sales leads allegedly offered for roughly ₹1,000 each. The company has estimated the resulting commercial loss at about ₹5.70 crore, according to details of the complaint. The figure is CARS24’s assessment of business damage and should […]
CoinRabbit has been named Best Crypto Lending Platform 2026 by International Business Magazine, adding an industry accolade to the crypto-backed lender as it expands beyond loans into broader digital-asset capital management. The Toronto-based company said the recognition covers a lending operation that has originated more than $1.45 billion in crypto-backed loans since its launch in 2020. International Business Magazine lists a 2026 awards programme and says its […]
Bitcoin ownership is estimated at about 5% of the world’s population, with India accounting for the largest number of holders, according to figures published by on-chain analyst Willy Woo. Woo’s country-level table, posted on September 1, places worldwide adoption in a range of 4.5% to 6%, equivalent to roughly 370 million to 500 million people. India is estimated to have about 68 million Bitcoin holders, representing 4.6% […]
The Gulf’s events and hospitality sectors are expanding at a pace few regions can match, and much of that growth is being carried on the backs of a workforce that barely existed in its current form a decade ago: flexible, on-demand talent. From five-star product launches in Dubai to sprawling exhibitions in Riyadh, the ability to scale a team up or down within days has become just […]
Blockchain networks are moving from experimental infrastructure towards a broader role in digital finance as developers increasingly raise transaction capacity and institutions test tokenised settlement at scale. The shift is being driven by advances in layer-two networks, data-availability systems and higher-capacity base chains to overcome the congestion, cost and latency that have limited blockchain use beyond cryptocurrency trading. Ethereum is pursuing simultaneous expansion of its main network […]
Two Thai businessmen have sued stablecoin issuer Tether in a New York court, alleging it froze $42.4 million in USDT months before US authorities obtained a seizure warrant. Nutthawat Rukthammachalern and Natthawat Kasamvilas filed the complaint in the US District Court for the Southern District of New York on August 31, challenging Tether’s decision to blacklist 10 Ethereum addresses containing 42,417,785.62 USDT. The plaintiffs allege Tether acted […]
Maharashtra Chief Minister Devendra Fadnavis has laid the foundation stone for Bajaj Finserv’s planned technology-led corporate campus in Pune, a 7.2-million-square-foot development the company says will become the country’s largest single-location financial services office.
The campus at Koregaon Park Annexe is being designed around artificial intelligence and Internet of Things systems that will monitor environmental conditions, occupancy and infrastructure and adjust building operations in real time. Bajaj Finserv describes the project as its first “sentient” corporate campus.
Fadnavis unveiled a commemorative plaque at the September 4 ceremony, which was attended by Deputy Chief Minister Sunetra Pawar, Pune Mayor Manjusha Nagpure, Bajaj Finserv Chairman and Managing Director Sanjiv Bajaj and other officials.
The company said the project would consolidate its diversified financial services businesses at a common address for the first time, bringing together operations spanning lending, deposits, payments, insurance and investments. The complex is also planned to include what Bajaj Finserv says will be Pune’s tallest steel tower.
Fadnavis said Bajaj Finserv had built a significant position in the state’s fintech ecosystem by using technology to widen access to loans, insurance and other financial services. He said the new campus would strengthen Pune’s role as a financial-technology centre and described the project as a major addition to Maharashtra’s business infrastructure.
The development is intended to use AI and IoT systems across energy management, water consumption, air quality, crowd density, movement and safety. Sensors and analytics are expected to help the campus respond to changes in weather and occupancy, while predictive maintenance systems will monitor critical infrastructure. Automation and robotics are also planned for some campus operations.
Bajaj Finserv said sustainability, environmental design and employee wellbeing would be the three main design pillars. The buildings are being planned to global LEED and Indian Green Building Council standards, with renewable energy intended to power the campus.
The company has set a target of recycling 80 per cent of water used at the site, alongside rainwater harvesting and zero-waste measures. Those features form part of Bajaj Finserv’s stated goal of achieving carbon neutrality for Scope 1 and Scope 2 emissions by the 2031-32 financial year.
Sanjiv Bajaj said the project was intended to combine environmental responsibility with the group’s financial inclusion goals. He said the campus would use eco-efficient and biophilic design, AI-driven systems and renewable energy while placing employee health and wellbeing at the centre of the workplace plan.
Green zones are expected to include Ayurvedic gardens, Miyawaki forests and replanted native forests, with species from Maharashtra selected to support biodiversity. The design will seek to increase natural daylight and ventilation and reduce cooling requirements, according to the company.
Indoor environmental monitoring is planned at floor and cluster level, covering air quality and temperature. Employees are also expected to use an integrated Bajaj One application for services such as navigation, parking and facility bookings.
The project includes plans for a medical centre with telemedicine and emergency-response facilities as well as dedicated wellness support. Bajaj Finserv said these services would be integrated with the wider digital infrastructure of the campus.
The company also plans to incorporate art, craft and heritage traditions from across the country into the development, including lesser-known and lost art forms. Elements of Bajaj Finserv’s corporate social responsibility programmes and work produced by programme beneficiaries are expected to feature within the campus design.
Fadnavis used the ceremony to highlight the Bajaj group’s long association with Maharashtra and its role in the state’s industrial development. He also referred to the legacy of Jamnalal Bajaj, the industrialist and freedom movement figure associated with the group’s early history.
Bajaj Finserv already has several corporate and group offices in Pune. The new site is intended to serve as the company’s principal corporate office and create a single large workplace for businesses that are now spread across different locations.
The International Monetary Fund has confirmed that all bitcoin added to El Salvador’s official holdings since June 2025 came from private donations, with no public resources used to expand the country’s cryptocurrency position. The disclosure was contained in an IMF statement issued after staff reached agreement with Salvadoran authorities on the combined second and third reviews of the country’s $1.4 billion Extended Fund Facility. The Fund said […]
Arabian Post Staff -Dubai Dell Technologies and Armada have signed a memorandum of understanding to develop containerised mobile and edge data centre solutions across Saudi Arabia, targeting organisations that need computing and storage capacity close to operations. The agreement, announced on Friday after being signed during LEAP 2026 in Riyadh, sets a framework for combining Dell’s enterprise hardware and infrastructure stack with Armada’s specialised mobile, containerised data […]
Trading in stocks and commodities through cryptocurrency platforms surged to about $778 billion in August, underscoring the rapid expansion of traditional-market products on venues built originally for digital assets. The total reflects a sharp rise in activity across perpetual futures and other products linked to equities, precious metals and commodities, as major crypto exchanges broadened their offerings beyond Bitcoin, Ether and other tokens. August data showed stock […]