SEMI, Messe München India to Host SEMICON India
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Hrishikesh
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November 23, 2023
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Business, Events, News
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Ajit Manocha (SEMI President and CEO), Bhupinder Singh (CEO of Messe Muenchen India), electronica India, Electronics Demand in India, Electronics Industry, Global Industry Connection, Global Supply Chain Access, India Semiconductor Mission (ISM), Indian Economy Strengths, Indian Market Growth, Indian Semiconductor Ecosystem, productronica India, SEMI and Messe München India Partnership, Semicon India 2023, SEMICON India Expositions, Semiconductor Design and Manufacturing, Semiconductor Industry, Semiconductor Manufacturing in India, Southeast Asia Market, Upstream and Downstream Semiconductor Value Chains
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The official partnership agreement to host SEMICON India expositions was signed by Messe München India, the Indian subsidiary of Messe München GmbH and a leading organizer of trade fairs in India, and SEMI, the global industry association that helps the semiconductor industry deploy life-changing-tech worldwide and advances growth for 3,000 member companies. The event will share a location with both …
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Toyota Kirloskar Motor to invest Rs 3,300 cr to set up new Karnataka plant
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Hrishikesh
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November 23, 2023
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Automotive, India, News
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000 crore in India, 25 Years in India, 300 crore Investment, Annual Capacity of One Lakh Units, Bidadi Manufacturing Facility, CO2 Emission Reduction, Electric Vehicles, Electrification and Green Technologies, Expansion Strategy, Future-Ready Technologies, Indian Automotive Market, Job Creation, Masahiko Maeda (CEO, Masakazu Yoshimura (TKM CEO), Memorandum of Understanding with Karnataka Government, Multi-Utility Vehicle Innova HyCross, New Karnataka Plant, Production by 2026, Rs 3, Sustainability Initiatives, Total Investment of Rs 16, Toyota Asia Region), Toyota Kirloskar Auto Parts, Toyota Kirloskar Motor
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Toyota Kirloskar Motor (TKM) has revealed plans to invest Rs 3,300 crore in building its third manufacturing plant at Bidadi, Karnataka, in a calculated move. The new unit, which will operate in two shifts and have an annual capacity of one lakh units, is expected to begin production by 2026, according to the company. The third plant will be integral …
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EV Push: Hyundai plans ₹700 crore battery plant by 2025
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Hrishikesh
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November 23, 2023
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Automotive, India, News
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000 Battery Packs, 2025 EV Market Outlook, Annual Capacity of 75, Chennai, Electric Vehicles (EVs), Environmental Impact and Emission Reduction, EV Adoption in India, EV Battery Assembly Plant, EV Charging Infrastructure, Global Challenges in EV Market, Gopala Krishnan (Hyundai CMO), Government Incentive Schemes, Hyundai Motor India, Indian Automotive Industry, Indian EV Market Share Goals by 2030, Localization of Battery Packs, Market Penetration and Growth, Mass-Premium EV Segment, Tamil Nadu Investment, Tarun Garg (Hyundai COO), Unsoo Kim (Hyundai CEO), ₹700 Crore Investment
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The strategic focus of South Korean automaker Hyundai Motor India is on localizing battery packs, which is essential to bringing down the cost of electric vehicles (EVs) in the nation. This action is a reaction to widespread scepticism about electric vehicles (EVs) and worries that their high cost will prevent their widespread adoption. The current rate of electric vehicle (EV) …
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