Major Indian EV manufacturers to receive powertrains from TEMICO Motor TEMICO Motor India Pvt Ltd has secured significant powertrain orders from major Indian electric vehicle (EV) manufacturers, according to a statement by its parent company, Teco Electric & Machinery Co (東元電機).…
Indian automobile industry expands by 19% in FY24 to reach INR 10.22 lakh cr: Report The Indian automobile industry grew by 19 per cent to Rs 10.22 lakh crore in FY24, driven primarily by the robust expansion of the utility and…
Ashwini Vaishnaw indicates process of drafting the Data Protection law in its advanced stages Minister for Electronics and IT, Ashwini Vaishnaw, announced on Saturday that the drafting of rules under the Data Protection legislation is in its advanced stages, with…
MeitY policy momentum to persist, with Ashwini Vaishnaw holding onto electronics and IT portfolio The technology industry expressed optimism with Union Minister Ashwini Vaishnaw retaining the Electronics and IT Ministry, anticipating continuity in policy making and governance to drive growth and investor…
Taiwan and India strengthen their partnership to promote semiconductor development Benefiting from strong government support and emerging applications, the Indian semiconductor market is projected to exceed $55 billion by 2026, with domestic electronics production output expected to surpass $300 billion…
Adani Group planning payments and e-commerce ventures: FT reportIndia’s Adani Group is considering an application for a licence to operate on the country’s public digital payments network and is in talks with banks to finalise plans for a co-branded credit…
Investments made to build equipment and facility that will be eligible for subsidies under the new EV policy Investment in the creation of physical infrastructure such as plant and machinery, charging stations, and assets developed or acquired by companies will…
India’s first electric flying taxi prototype unveiled by Anand Mahindra Chairman of the Mahindra Group, Anand Mahindra, recently unveiled images of India’s first electric flying taxi prototype, developed by the ePlane Company at IIT Madras. The prototype, known as the ePlane…
Semiconductor chips samples exported by Tata Electronics from Bengaluru center Tata Electronics has begun exporting semiconductor chips packaged at its Bengaluru-based R&D center, marking a significant step forward for India’s semiconductor industry. These chips, designed for diverse applications rather than a…
India aiming to catch up in semiconductor manufacturing, potentially giving a big boost to the industry The Indian government, in a bid to accelerate semiconductor manufacturing and compensate for lost time, is gearing up to announce a substantial new incentive…