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Zomato to liquidate Vietnam subsidiary after shutting Poland business – ET Auto

Baua Electric

Zomato has initiated the liquidation process for its Vietnam business, Zomato Vietnam Company Limited (ZVCL), the food delivery platform said in a regulatory filing on the BSE on Thursday.

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Request government for protectionist measures in Budget; remove duty on raw materials: Abhyuday Jindal – ET Auto

Baua Electric

Speaking further on Budget expectations, the JSL MD said severe dumping is happening from China, Vietnam, and certain countries with which India has Free Trade Agreements (FTAs). This is putting severe pressure on MSMEs and preventing the stainless steel industry from becoming aatmanirbhar, he said.

Vietnam 52
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Italian Vespa maker Piaggio launches AI-driven factory robot – ET Auto

Baua Electric

The Italian company said it would use the robot on the production lines of its motorbike brand Moto Guzzi in Italy, and later in other factories in Italy, India, Vietnam and Indonesia. The device, named “kilo” and developed by the group’s U.S.

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Malaysia to build massive chip design park: PM – ET Auto

Baua Electric

Malaysia’s leader on Monday announced plans to build a massive semiconductor design park , aiming to boost the Southeast Asian nation’s role in the global chip industry. Now it wants to go beyond production and emerge as a chip design powerhouse too, Prime Minister Anwar Ibrahim said Monday.

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VinFast announces new EV facility in India

Teslarati

The Vietnam-based EV manufacturer and the government of Tamil Nadu have committed to investing $500 million in the first phase of the EV facility, which will span 5 years from the start date. . This achievement was quite a surprise to those observing the global auto industry. In August 2023, VinFast Auto Ltd.

India 76
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Vietnam’s VinFast to set up EV battery plant in India -sources – ET Auto

Baua Electric

The company will make batteries for EVs at the plant in the city of Thoothukudi, one of the people said, adding that this was separate from its previously announced plans to assemble vehicles shipped in parts from Vietnam. VinFast, which competes with carmakers such as Tesla and China’s BYD, declined to comment.

India 40
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Uno Minda technical pact with StarCharge to produce EV supply equipment in India – ET Auto

Baua Electric

StarCharge, a global leader in electric vehicle charging infrastructure and microgrid solutions, operates in 67 countries and regions with manufacturing facilities in the USA, Vietnam, and China.

India 52