VISTEON TO SET UP NEW USD 20 MN PLANT IN INDIA
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Hrishikesh
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March 6, 2024
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Automotive, India, News
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automotive industry, Backlight Manufacturing, Chakan, Chennai, Cockpit Electronics, Display Manufacturing, Electric Vehicles, Energy Storage, innovation, Investment in India, Localization, Market expansion, Visteon
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Preparing to make large investments in the Indian market is Visteon, a prominent global Tier 1 automotive company. In order to localize backlight manufacturing in India, the company has revealed plans to invest about USD 20 million. Visteon’s larger plan to increase its market share in India, especially in the cockpit electronics sector, is in line with this action. Investment …
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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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Ericsson initiates “India 6G” program in India
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Hrishikesh
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November 1, 2023
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Business, India, Wireless
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5G Networks, Artificial Intelligence, Autonomous AI, Beamforming, Bharat 6G, Bharti Airtel, CeRAI, Chennai, Cloud Technologies, Cyber-Physical Continuum, Edge-Computing, Ericsson, IIT Madras, India 6G, Internet of Things, Magnus Frodigh, Nitin Bansal, R&D Center, Reliance Jio, Sustainable Networks, Telecommunications
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1 Comment
Ericsson, the global telecommunications giant, announced the launch of its ‘India 6G’ program, aimed at driving research and development for the next-generation of telecommunications technology. As part of this initiative, Ericsson has established a dedicated ‘India 6G’ research team within its Chennai R&D Center. Ericsson already has three R&D centers in India, located in Chennai, Bengaluru, and Gurgaon. The ‘India …
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