Discontinuation of FAME subsidy beyond March may impact EV 2W growth by 1-2 years: Tarun Mehta CEO Ather

Tarun Mehta, CEO an Co-founder of Ather Energy – the third largest electric two-wheeler maker says the FAME subsidy should continue and it is necessary for a few more years before it can be gradually reduced. He says a sudden reduction of subsidy has already cost Ather Energy one year’s growth in 2023 and he… Continue reading Discontinuation of FAME subsidy beyond March may impact EV 2W growth by 1-2 years: Tarun Mehta CEO Ather

Discontinuation of FAME subsidy beyond March may impact EV 2W growth by 1-2 years: Tarun Mehta CEO Ather

Tarun Mehta, CEO an Co-founder of Ather Energy – the third largest electric two-wheeler maker says the FAME subsidy should continue and it is necessary for a few more years before it can be gradually reduced. He says a sudden reduction of subsidy has already cost Ather Energy one year’s growth in 2023 and he… Continue reading Discontinuation of FAME subsidy beyond March may impact EV 2W growth by 1-2 years: Tarun Mehta CEO Ather

Ashwini Vaishnaw urges Micron to start semiconductor research centre at IIT Gandhinagar: Report

At the Vibrant Gujarat Global Summit, the Minister of Electronics and Information Technology, Ashwini Vaishnaw, emphasised India’s commitment to becoming a developed nation by 2027. He urged Micron Technology to undertake continuous research in the semiconductor industry and proposed the establishment of a Center of Excellence for Semiconductors at IIT Gandhinagar, ANI reported. On the… Continue reading Ashwini Vaishnaw urges Micron to start semiconductor research centre at IIT Gandhinagar: Report

Ashwini Vaishnaw urges Micron to start semiconductor research centre at IIT Gandhinagar: Report

At the Vibrant Gujarat Global Summit, the Minister of Electronics and Information Technology, Ashwini Vaishnaw, emphasised India’s commitment to becoming a developed nation by 2027. He urged Micron Technology to undertake continuous research in the semiconductor industry and proposed the establishment of a Center of Excellence for Semiconductors at IIT Gandhinagar, ANI reported. On the… Continue reading Ashwini Vaishnaw urges Micron to start semiconductor research centre at IIT Gandhinagar: Report

Ashwini Vaishnaw urges Micron to start semiconductor research centre at IIT Gandhinagar: Report

At the Vibrant Gujarat Global Summit, the Minister of Electronics and Information Technology, Ashwini Vaishnaw, emphasised India’s commitment to becoming a developed nation by 2027. He urged Micron Technology to undertake continuous research in the semiconductor industry and proposed the establishment of a Center of Excellence for Semiconductors at IIT Gandhinagar, ANI reported. On the… Continue reading Ashwini Vaishnaw urges Micron to start semiconductor research centre at IIT Gandhinagar: Report

Omega Seiki chairman urges auto firms: Don’t solely rely on Government, risking their own fall

Even while requesting the government to be consistent in its policy making, Uday Narang, Founder and chairman of electric vehicle manufacturer Omega Seiki, urged auto companies to refrain from relying solely on the government to navigate their operations, as this could ‘potentially lead to their fall’.  Narang, while speaking during a panel discussion on the automotive sector organised… Continue reading Omega Seiki chairman urges auto firms: Don’t solely rely on Government, risking their own fall

Omega Seiki chairman urges auto firms: Don’t solely rely on Government, risking their own fall

Even while requesting the government to be consistent in its policy making, Uday Narang, Founder and chairman of electric vehicle manufacturer Omega Seiki, urged auto companies to refrain from relying solely on the government to navigate their operations, as this could ‘potentially lead to their fall’.  Narang, while speaking during a panel discussion on the automotive sector organised… Continue reading Omega Seiki chairman urges auto firms: Don’t solely rely on Government, risking their own fall

Omega Seiki chairman urges auto firms: Don’t solely rely on Government, risking their own fall

Even while requesting the government to be consistent in its policy making, Uday Narang, Founder and chairman of electric vehicle manufacturer Omega Seiki, urged auto companies to refrain from relying solely on the government to navigate their operations, as this could ‘potentially lead to their fall’.  Narang, while speaking during a panel discussion on the automotive sector organised… Continue reading Omega Seiki chairman urges auto firms: Don’t solely rely on Government, risking their own fall

Omega Seiki chairman urges auto firms: Don’t solely rely on Government, risking their own fall

Even while requesting the government to be consistent in its policy making, Uday Narang, Founder and chairman of electric vehicle manufacturer Omega Seiki, urged auto companies to refrain from relying solely on the government to navigate their operations, as this could ‘potentially lead to their fall’.  Narang, while speaking during a panel discussion on the automotive sector organised… Continue reading Omega Seiki chairman urges auto firms: Don’t solely rely on Government, risking their own fall

Simmtech Holdings to invest Rs 1,250 crore for semiconductor ecosystem in Gujarat

In what could be a major boost semiconductor ecosystem in India, South Korean semiconductor company Simmtech Holding will invest over Rs 1,250 crore to set up a factory in Gujarat. Simmtech’s announcement follows Micron’s decision to set up a semiconductor assembly and testing facility in the state. Simmtech manufactures high-level PCBs for semiconductors. For the… Continue reading Simmtech Holdings to invest Rs 1,250 crore for semiconductor ecosystem in Gujarat