Indian Airport sector
Long flight to recovery?
Wednesday, 25th November
16:30 - 17:30 | Indian Standard Time (GMT+5:30)
Submit your interest (Non-members)
Participation is restricted to Club Members and eMembers.
If you would prefer to contact us by email, please send to [email protected].
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Co-chair
Daniel Bircher
Managing Director at Zurich Airport International AG
Zurich Airport International Asia
Ashish Jain
Chief Executive Officer - Business IntegrationGMR Group
India
Ashish Jain serves as Group Head – CSPD & ERM at GMR Group, one of India's leading infrastructure conglomerates. In his strategic leadership role, he oversees Corporate Strategy, Planning & Development (CSPD) and Enterprise Risk Management (ERM) functions across the organization's diverse portfolio spanning airports, energy, highways, and urban infrastructure. With extensive experience in corporate planning and risk management, Jain plays a crucial role in driving GMR Group's growth initiatives and ensuring robust risk governance frameworks. His expertise encompasses strategic planning, business development, and enterprise-wide risk assessment, contributing to the company's position as a key player in India's infrastructure sector.
Vandana Aggarwal
Sr. Economic Advisor - MoCAMinistry of Civil Aviation - India
India
Presently, serving as Economic Adviser (Additional Secretary Grade), in the Ministry of Civil Aviation, she is the Divisional Head for Economic Regulation, Air Cargo, the Indian and Global economic and competition issues, tax and GST matters, aviation financing and aircraft leasing, aircraft manufacturing and MRO, developing aviation passenger and cargo hubs in India and data eco-system development. She has served in various Ministries/ Departments of the Government of India gaining on-the-job knowledge and experience of economic administration, particularly infrastructure development with public and/or private participation, trade policies, industrial policies, fiscal policies, foreign investment, external debt and capital markets.
Sidharath Kapur
Sidharath Kapur
India
Jatin Aneja
Practice Head–Projects & InfrastructureShardul Amarchand Mangaldas & Co
India
Jatin is part of the management board of the Firm. He has extensive experience in urban infrastructure, conventional & renewable energy, roads, ports, airports, railways, power, and oil & gas sector in India and the sub-continent. Jatin has been consistently ranked in ‘Band 1’ by Chambers and Partners; ‘Leading Lawyer’ by Legal 500, IFLR1000 & Asialaw Profiles and ‘Thought Leader’ by WWL 2019. He has advised on several marquee transactions including privatisation of Delhi & Mumbai airports, re-gasification projects by IOC, PLL & others and Turkmenistan-Afghanistan-Pakistan-India pipeline projects. Currently he is advising GMR Infrastructure on divestment of major shareholding (over USD 1 billion) in GMR Airports Ltd.
Daniel Bircher
Managing Director at Zurich Airport International AGZurich Airport International Asia
Malaysia
Based in Switzerland, Daniel Bircher has been in charge of the newly created International division since 1 May 2021, which comprises the strategic development of international business and supervision of the airports and subsidiaries of Flughafen Zürich AG abroad. A Swiss citizen born in 1968, he has worked for Flughafen Zürich AG since 2006. From 2011 he was Operation Director at Bangalore International Airport in India, from 2015 COO of Belo Horizonte Airport in Brazil and since 2018 he has held the post of CEO of Zurich Airport Asia in Malaysia.
Boon Chin Hau
Head of Emerging Markets InvestmentsGIC
Singapore
Chin Hau joined the GIC Infrastructure Group in 2008 and currently has lead coverage responsibility for the Emerging Markets. Prior to joining GIC, Chin Hau was an Investment Manager at Pulsar Energy Capital where he invested in projects across the energy sector in Europe and the Americas. Before Pulsar, Chin Hau was a member of the Infrastructure advisory team at Credit Suisse covering a range of projects in transport, logistics and aerospace. He began his career at Singapore Power where he managed natural gas pipeline projects. Chin Hau has a MEng degree from Imperial College London and an MBA from the University of Chicago.
Confirmed participants
Confirmed participants
Co-chairs
Abhijeet ShettyPeak Infra
Aditya AggarwalGIP
Ajay ChaudharyL&T Finance
Amit BhagatASK Property Fund
Anchit GuptaFocal Energy Solar India
Atul SanganeriaDatavantage Advisory LLP
Bharat ParekhCLSA
Bhaskar RaoBACL
Debasish RoyL&T Construction & Mining Machinery
Deep GuptaMacquarie Infrastructure and Real Assets
Garvit SahNew Development Bank
Gopal ChandAirport Authority of India
Jago ChungOMERS
Jens-Oliver SchuenzelKFW IPEX-Bank - Germany
Krishna KotakJ. M. Baxi Group
Manish AgarwalIndian School of Public Policy
Manish SatnaliwalaRoadstar Investment Managers
Manish SharmaPwC
Michael KoortensOMERS
N PrakashSBI Capital Markets
Neeraj SanghiHighway Concessions One
Parag ParikhAdani Gas
Patrine TayVINCI Airports
Pawan AnandHOAI
Pramod KumarBarclays Investment Bank
Projesh BanerjeaADIA
Ravi BhatnagarGMR Megawide Cebu Airport Corporation
Ritesh SampatHDFC Bank
Sanjay BansalAurum Equity Partners
Shameek RayISEC PD
Sudhir HoshingIRB Infrastructure Developers
Tarun ShankarIFC
Vikram KailasMEL - Mytrah Energy India
Confirmed participants
Abhijeet Shetty
Head Special Projects
Peak Infra
Aditya Aggarwal
CEO
GIP
Ajay Chaudhary
National Head – Project Finance
L&T Finance
Amit Bhagat
Co-founder, CEO & MD
ASK Property Fund
Anchit Gupta
MD-General
Focal Energy Solar India
Atul Sanganeria
Partner
Datavantage Advisory LLP
Bharat Parekh
Executive Director
CLSA
Bhaskar Rao
CFO
BACL
Debasish Roy
Head - Cost Control & Business Environment Analysis Development Projects
L&T Construction & Mining Machinery
Deep Gupta
Managing Director
Macquarie Infrastructure and Real Assets
Garvit Sah
Principal Professional, Project Finance and Operations Department
New Development Bank
Gopal Chand
Assistant GM
Airport Authority of India
Jago Chung
Associate Director
OMERS
Jens-Oliver Schuenzel
Director
KFW IPEX-Bank - Germany
Krishna Kotak
Chairman
J. M. Baxi Group
Manish Agarwal
Professor Energy Policy & Infrastructure Expert
Indian School of Public Policy
Manish Satnaliwala
Chief Financial Officer
Roadstar Investment Managers
Manish Sharma
Partner & Leader-Capital Projects & Infrastructure
PwC
Michael Koortens
Associate
OMERS
N Prakash
Sr. VP
SBI Capital Markets
Neeraj Sanghi
CEO
Highway Concessions One
Parag Parikh
CFO
Adani Gas
Patrine Tay
Marketing Business Development Director
VINCI Airports
Pawan Anand
Ex- Secretary General - HOAI
HOAI
Pramod Kumar
MD & Head of Banking
Barclays Investment Bank
Projesh Banerjea
Portfolio Manager - Infra
ADIA
Ravi Bhatnagar
CFO
GMR Megawide Cebu Airport Corporation
Ritesh Sampat
Head Debt Cap. Markets and Proj. Finance
HDFC Bank
Sanjay Bansal
Founder and Managing Partner
Aurum Equity Partners
Shameek Ray
Head - Debt Capital Markets
ISEC PD
Sudhir Hoshing
Joint Managing Director
IRB Infrastructure Developers
Tarun Shankar
Sr. Infrastructure Investment Professional
IFC
Vikram Kailas
MD & CEO
MEL - Mytrah Energy India
Abhijeet Shetty
Head Special ProjectsPeak Infra
India
Abhijeet Shetty serves as the Head Special Projects at Peak Infra. Based in India, Mr. Shetty contributes to the company's initiatives within the infrastructure sector. Peak Infra is involved in the development and management of various infrastructure projects.
Aditya Aggarwal
CEOGIP
Singapore
Mr. Aggarwal Partner, GIP India and CEO GIP Singapore has over 20 years of experience across equity investing and project finance. As a part of the leadership team, he primarily focuses on origination, evaluation & capital deployment across infrastructure sectors along with managing the portfolio and creating exits.His current specific responsibilities also include overseeing the build out of Vector Green, the renewable platform. He is a member of the Investment Committee & represents the Funds on the Boards of various Portfolio Companies. In his earlier role,Mr. Aggarwal was a founding member of the core investment team at IDFC Alternatives, which set up IDFC’s Infrastructure Funds business.
Ajay Chaudhary
National Head – Project FinanceL&T Finance
India
He is a motivated business leader having 21 years of experience in financial sector with P&L responsibility. Experienced in providing corporate & project lending solutions to a wide spectrum of clients. As an experienced banking professional, he has a proven track record as a relationship strategist, specializing in building a group of well nurtured business partners, who are offered end to end solutions in project finance/ structured finance and other product offering, thereby creating profitable business segments for the organization. Responsible for setting business goals and building strategies to fulfill the items contained therein.
Amit Bhagat
Co-founder, CEO & MDASK Property Fund
India
Mr. Bhagat Co-founded the Real Estate Private Equity business of ASK Group in 2008. He has experience of more than a decade in the mortgage finance including as National Credit Head for the mortgage division of ICICI Bank. He was also the head of ICICI Property Services and has advised/syndicated over US $ 500 Mn of private equity investments. At ASK, he has raised and manages/advises an offshore and three domestic funds amounting to US $ 500 mn. He has invested in 25 projects in five cities and demonstrated complete exits from 11 projects. Mr. Bhagat is a Chartered accountant.
Anchit Gupta
MD-GeneralFocal Energy Solar India
India
Anchit Gupta serves as the Managing Director General at Focal Energy Solar India, a position he has held since 2008. He brings extensive expertise in the renewable energy sector, specializing in deal structuring, financial modeling, and transaction management. Mr. Gupta is also proficient in strategy formulation, corporate governance, and represents Focal Energy as a board member for various renewable energy companies. He holds an MBA from the Indian Institute of Management, Kozhikode, and a Bachelor's degree in Engineering from NSIT, Delhi.
Atul Sanganeria
PartnerDatavantage Advisory LLP
India
Atul has been involved in implementing large scale industrial corridor, industrial parks and logistics related sovereign programs including East Coast Economic Corridor, West Bengal Industrial Corridor, Strengthening Multimodal and Integrated Logistics Ecosystem (SMILE) to improve the industrial and logistics ecosystem in South Asia. He is also currently designing the NW-Dhaka-SE Economic Corridor which will help connect Bangladesh to India, Bhutan and Nepal. He has also been advising Tata Steel and Government of Odisha on spatial industrial development of Kalinganagar steel cluster.
Bharat Parekh
Executive DirectorCLSA
India
Bharat Parekh serves as an Executive Director and Wall Street Analyst at CLSA India. With a focus on the General sector, he provides coverage for various stocks, including IN:LT, IN:HAL, and IN:NTPC. As an analyst, Bharat Parekh has demonstrated a 61% success rate in his recommendations. His expertise also extends to providing investor suggestions, as evidenced by his contributions to regulatory discussions.
Bhaskar Rao
CFOBACL
India
Bhaskar has over 25 years of experience, including an international stint with Rashideen Group, a large Dubai-based conglomerate. Prior to that, Bhaskar worked with the GMR Group in India as CFO in the Corporate Finance function, as well as sector CFO for Energy. An experienced finance professional, Chartered Accountant (ICAI, India) and Certified Public Accountant (Delaware, US), Bhaskar has, over the course of his career, managed the finance function for large organisations and has in-depth knowledge in fund raising – equity and debt – financial reporting, accounting & analysis, M&A, working capital management, risk management, managing start-up operations, corporate governance, organisation & team building.
Debasish Roy
Head - Cost Control & Business Environment Analysis Development ProjectsL&T Construction & Mining Machinery
India
Deep Gupta
Managing DirectorMacquarie Infrastructure and Real Assets
India
Deep is a Managing Director in MIRA and a member of the India team based in Mumbai. Since joining Macquarie Group in 2008, Deep has led acquisitions, management and disposal of several investments across various sectors, including building expertise in the transport, communications and energy sectors in India. Deep has been a member of the investing team across all infrastructure funds managed by MIRA in India, including the MAIF series. Deep currently manages the investments in transport and communications sectors and sits on several portfolio company boards. Prior to joining Macquarie Group, Deep worked with Strategic Decisions Group, providing strategic advise to companies in India.
Garvit Sah
Principal Professional, Project Finance and Operations DepartmentNew Development Bank
China
Garvit is a Principal Specialist with New Development Bank in Project Finance and Operations Department and focuses on financing sustainable infrastructure projects in BRICS countries. He is experienced in leading transactions in Brazil, China and India. He also undertakes development and sustainability dialogue with national and sub-national governments. Prior to joining NDB, he worked as Chief Manager of Project Finance Group at ICICI Bank for close to a decade, where he led multiple project finance transactions for private sector and Public-Private-Partnership investment projects in the infrastructure space. Garvit holds a graduate degree in engineering, and MBA from Indian Institute of Management Calcutta.
Gopal Chand
Assistant GMAirport Authority of India
India
Jago Chung
Associate DirectorOMERS
Singapore
Jens-Oliver Schuenzel
DirectorKFW IPEX-Bank - Germany
Germany
Jens-Oliver Schuenzel is a Director and Head of Landbased Transportation for Europe, Middle East and Africa at KfW IPEX-Bank. Joining KfW in 2006, he has over 18 years of experience in the mobility and infrastructure sector, specializing in the origination, acquisition, and structuring of export and project financings. His expertise encompasses public transport, rolling stock, rail infrastructure, and various PPPs, including significant deals in Africa, Europe, and Australia. In 2023, his team originated EUR 1.6bn in new business.
Krishna Kotak
ChairmanJ. M. Baxi Group
India
Joining the family business at an early age of 18, he has over three decades of experience in shipping, logistics and the maritime industry. He successfully spearheaded the group's diversification from a ship agency to encompass project cargo movement, bulk and container port infrastructure, container freight stations, inland container depots and container rail operations enabling J. M. Baxi & Co to emerge as the largest logistics solutions provider in the country today. His in-depth knowledge of the Indian transportation sector, diverse experience, business acumen and keen foresight have contributed significantly to the growth of J. M. Baxi Group.
Manish Agarwal
Professor Energy Policy & Infrastructure ExpertIndian School of Public Policy
India
Manish has over 25 years of experience in consultancy services related to financial strategy, investment promotion, financial modelling, project feasibility and policy formulation for public sector and government organizations in various sectors. He has extensive experience in consultancy services related to demand assessment, entry strategies, commercial due diligence, bid advisory and project finance across transportation sectors, urban development project, industrial infrastructure (SEZs, large area & commercial development), etc.
Manish Satnaliwala
Chief Financial OfficerRoadstar Investment Managers
India
24 years of multifaceted work exposure in Manufacturing & Service domain –
o Strategic Finance – M&A, Tax Planning, Fund Raising – D/E, Risk Mgt, Investor Mgt, Credit Rating.
o Business Finance – PnL Mgt, Financial Planning & Analysis (FPnA), Revenue Assurance, BusinessModelling & Forecasting, Supply Chain Management, Channel Management (Retailers & Distributors).
o Operational Finance – Financial Accounting & Reporting, Setting Shared Services (P2P, O2C & R2R),Compliance Assurance like FEMA, SEBI, Anti-Bribery, FCPA, Statutory and Internal Audit, People
Management, Internal Control, Policy & Procedures.
o In addition, have been managing Procurement and IT function for last 12+ years.
Manish Sharma
Partner & Leader-Capital Projects & InfrastructurePwC
India
Manish is Partner and Leader for Transport and Logistics Sector in PwC’s Advisory services vertical. He has over 23 years of experience across the various segments of transport and logistic with both services providers and infrastructure developers.
Michael Koortens
AssociateOMERS
Singapore
N Prakash
Sr. VPSBI Capital Markets
India
Mr. Prakash is an experienced project finance professional with over 25 years of experience. He has been involved in the structuring and syndication of large infrastructure projects. He is currently Senior Vice President , Project Advisory and Structured Finance Group at SBI Capital Markets Ltd.
Neeraj Sanghi
CEOHighway Concessions One
India
Neeraj has over 30 years experience in managing oil&gas & infra sector. He worked on development of LNG receiving terminal project at Hazira, Gujarat at Essar (1994-98). He developed 3 projects at Total India(1998 - 2010) viz. LNG terminal at Mumbai (project didn’t take off), LPG Cavern Project at Visakhapatnam(as CEO) & Hazira Port sub concession project at Ahmedabad. As CEO-Essar Concessions, he looked after Essar’s entry into infra business viz. road, water, airports, pipelines, etc. Currently, he is CEO-Highway Concessions One(HC1), road platform of Global Infrastructure Partners India. HC1 operates seven projects acquired by India Infrastructure Fund. He is also founder President of HOA(India), an industry body for road investors.
Parag Parikh
CFOAdani Gas
India
Mr. Parag Parikh is a dynamic leader with 21+ years of vast experience in infrastructure sector. He has been associated with various organizations like Gammon Infrastructure Projects Limited, GMR Group, Adani Gas Limited He has experience in various facets of finance accounts with expertise in funds raising management, devising financial strategies and operation finance He has completed his Masters in both Business Administration (Finance) and Commerce He has also done an executive Programme in Leadership & Strategy from INSEAD.
Patrine Tay
Marketing Business Development DirectorVINCI Airports
Singapore
Patrine Tay is the Marketing Business Development Director at VINCI Airports in Singapore. She brings significant expertise in the aviation sector, having previously served as Marketing and Sales Director for Cambodia Airports in 2014, where she focused on developing the Cambodian coastal city as a travel destination. Her career demonstrates a strong background in airport marketing and business development.
Pawan Anand
Ex- Secretary General - HOAIHOAI
India
Maj Gen Dr Pawan Anand, AVSM has a wealth of experience in infrastructure management at apex level in Govt, having been Senior Chief Engineer of the South Western Region, guiding three Zonal Chief Engineers executing over 400 projects with Rs 4300 Crore ($ 605mn) outlay. Projects- residential and essential services, roads, runways, hover port, explosive storage houses etc. Was one-stop person for procurements, international/domestic (a few million USD contracts). Currently, Secy Gen of Highway Operators Association in India, Mentor for senior civil services and military officers at National Defence College, Delhi, Distinguished Fellow USI of India (think tank), Fellow Institution of Engineers. Awarded by GoI.
Pramod Kumar
MD & Head of BankingBarclays Investment Bank
India
Pramod Kumar is the MD & Head of Banking at Barclays Investment Bank in Mumbai. With over 25 years of investment banking experience, he leads key banking operations for Barclays in India. He joined Barclays in 2011, having previously served as a Managing Director at Citi for over nine years, covering diverse sectors. His expertise spans industrial, financial institutions, metals & mining, and consumer sectors, driving significant contributions to the firm.
Projesh Banerjea
Portfolio Manager - InfraADIA
United Arab Emirates
Projesh Banerjea served as a Portfolio Manager - Infra at the Abu Dhabi Investment Authority (ADIA) for ten years, focusing on global investments across the transport, energy, and digital infrastructure sectors, particularly in Asia. During his tenure at ADIA, he held board directorships for entities including Renew Energy Global, Cube Highways, EdgePoint Infrastructure, and the Anglian Water Group. His professional background also includes roles at Macquarie Capital and J.P. Morgan. Mr. Banerjea holds an MBA from the University of Oxford.
Ravi Bhatnagar
CFOGMR Megawide Cebu Airport Corporation
Philippines
Ravi Bhatnagar serves as the Chief Finance Advisor for GMR Megawide Cebu Airport Corporation (GMCAC), which operates the Mactan-Cebu International Airport. In this role, he plays a key part in the financial management and strategic fiscal direction of the corporation. His responsibilities encompass overseeing financial operations and contributing to the company's economic development within the Philippine aviation sector.
Ritesh Sampat
Head Debt Cap. Markets and Proj. FinanceHDFC Bank
India
Ritesh, with about 20 years of experience, is the Head for Debt Capital Markets Business and Project Finance in HDFC Bank. The bank is now ranked # 2 on bond league table as per bloomberg and is leading arranger of loans for infrastructure projects. Prior to joining HDFC Bank, he has worked with Standard Chartered, Bank Morgan Stanley, Merrill Lynch & ICICI Bank and has vast experience across project finance, structured transactions, mezzanine financing & bonds market. He is a qualified Chartered Accountant and Certified Treasury Manager.
Sanjay Bansal
Founder and Managing PartnerAurum Equity Partners
India
Sanjay is an experienced veteran investment banker with over 25+ years and over 150+ transactions under his belt. Over the years Sanjay has developed an expertise of concluding complex transactions that require a nuanced perspective of the client’s business, as well as, the macro environment impacting the client’s decisions
Shameek Ray
Head - Debt Capital MarketsISEC PD
India
Shameek Ray serves as the Head - Debt Capital Markets at ICICI Securities Primary Dealership Ltd. With 20 years of extensive experience, he specializes in advising institutional and corporate clients on Fixed Income Products. His expertise encompasses Debt Capital Markets, providing funding and hedging solutions, and offering investment guidance across derivatives, corporate bonds, and GSecs.
Sudhir Hoshing
Joint Managing DirectorIRB Infrastructure Developers
India
Experienced Joint Managing Director with a demonstrated history of working in the civil engineering industry. Strong business development professional skilled in Highways, Project Estimation, Feasibility Studies, Construction, and Cost Control.
Tarun Shankar
Sr. Infrastructure Investment ProfessionalIFC
India
Tarun is an infrastructure professional working with International Finance Corporation – The World Bank Group. He manages exposures for IFC across sectors. With an academic background in Economics and Management, he is a professional with experience spanning more than two decades. His previous employers have included IDBI, IL&FS, HSBC and IBRD (The World Bank Group).
Vikram Kailas
MD & CEOMEL - Mytrah Energy India
India
Vikram Kailas, Vice Chairman, and Managing Director have overseen Mytrah Energy’s evolution into India’s ‘Smart Utility’ with robust end-to-end capabilities in renewable power generation. Mytrah Energy is one of India’s largest renewable energy IPPs which has a portfolio of ~2.3 MW of wind and solar generation assets. Vikram has a B. Tech. in Mechanical Engineering from IIT, Chennai and an MBA from the Yale School of Management. Prior to co-founding Mytrah Energy, Vikram had worked with the Energy & Utilities Investment Banking group of Credit Suisse in New York and Deloitte Consulting in India. Vikram was one of the young CEOs in India invited to prepare a master plan for ‘New India’ and drive transformation across sectors.
After one of the most stringent lockdowns of 2 months, the domestic civil aviation operations resumed in India on May 25, with 428 departing flights ferrying 30,550 passengers. While sectors such as automobiles and FMCG are struggling with a slump in demand, domestic airlines continue to grow in terms of number of passengers flown, primarily on the back of lower fares offered by them. Airlines registered a marginal growth of 3.87% year-on-year in the number of domestic passengers flown during August, which is a non-peak month. On the backdrop of this slow recovery, the government is moving forward with its plan for the next round of privatisation of airports.
Discussion will touch on
- Will the recovery path for the sector be fueled by the next round of airport privatisation?
- What role has technology played in winning passenger confidence?
- Will the disruptions nudge the authorities to look at new compensation models?
Submit your interest (Non-members)
Participation is restricted to Club Members and eMembers.
If you would prefer to contact us by email, please send to [email protected].
Our team will get in touch with you soon to confirm your participation
Surekha Mahajan
Director - InfrastructureGRI Institute
India
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PwC
Mumbai, IndiaAt PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 158 countries with more than 2,36,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com In India, PwC has offices in Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai and Pune. For more information about PwC India’s service offerings, visit www.pwc.com/in PwC refers to the PwC International network and/or one or more of its member firms, each of which is a separate, independent and distinct legal entity. Please see www.pwc.com/structure for further details.
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New Delhi, IndiaFounded on a century of legal achievements, we are one of India’s leading full service law firms. Our mission is to enable business by providing solutions as trusted advisors through excellence, responsiveness, innovation, and collaboration. We are known globally for our integrated approach. Our 600+ lawyers including 116 partners provide exceptional services across practice areas which include General Corporate, Merger & Acquisition, Private Equity, Banking & Finance, Insolvency & Bankruptcy, Competition Law, Dispute Resolution, Projects & Project Finance, Capital Markets, Tax, and Intellectual Property. Helming major headline transactions and litigation across industries, we advise leading multinational corporations on their India entry and legal strategy impacting their business. We have offices in seven cities across India - New Delhi, Mumbai, Gurugram, Bengaluru, Chennai, Ahmedabad and Kolkata.
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