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India set to become global semiconductor manufacturing destination: Industry – ET Auto

Baua Electric

The Union Cabinet’s nod to three upcoming semiconductor manufacturing units is a step towards self-sufficiency and makes the country’s dream of becoming a global chip making destination achievable, according to industry players. By 2027 we will have the FAB and OSAT units producing.

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China to regulate lithium-ion battery industry amid fast expansion – ET Auto

Baua Electric

China’s Ministry of Industry and Information Technology on Wednesday issued new guidelines for its lithium-ion battery industry, aiming to transform, upgrade and promote high-quality development amid rapid expansion in the sector. The new guidelines will be effective from Thursday.

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China’s Shandong province plans USD 14 bn lithium battery industry by 2025 – ET Auto

Baua Electric

billion) lithium battery industry by next year, a local government notice showed on Monday. Shandong, in China’s east, aims to build an industrial chain covering electrode materials, electrolytes, battery cells and assembly, the notice showed. China’s Shandong province plans to develop a 100 billion yuan (USD 13.8

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Pavna Industries inks deal with Ola Electric to supply ignition switches, latches for EVs – ET Auto

Baua Electric

New Delhi: Pavna Industries Limited, a leading automotive parts manufacturer has inked an agreement with Ola Electric to supply ignition switches and latches, consolidating its foray into the electric two-wheeler segment. Ola Electric Mobility, headquartered in Bengaluru, is India’s largest electric two-wheeler manufacturer.

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India needs 3 lakh skilled professionals for semiconductor industry by 2027 – ET Auto

Baua Electric

lakh-3 lakh skilled professionals by 2027 across Research and Development (R&D), design, manufacturing and advanced packaging domains, a report showed on Monday. To address this gap, the TeamLease Degree Apprenticeship is actively collaborating with academia, government bodies, and industry leaders.

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Reliance, JSW Neo Energy and 5 others bid for govt incentives to set up battery manufacturing units – ET Auto

Baua Electric

The ministry had announced the re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing. The bids for manufacturing facilities with a cumulative capacity of 70 GWh came in response to a global tender issued by the Heavy Industries Ministry on January 24 this year.

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Samvardhana Motherson’s subsidiary MSSL Mideast to acquire Yachiyo India Manufacturing – ET Auto

Baua Electric

Yachiyo India Manufacturing , the Indian subsidiary of Yachiyo Industry Co. Yachiyo Industry Co. is engaged in production of automobile parts like sunroofs, fuel tanks and resin products. As part of this deal Yachiyo’s 2W business (housed under Goshi) will get transferred to Honda Motor.

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