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Top industry bodies IESA & SEMI partner to boost India’s semiconductor goals – ET Auto

Baua Electric

The collaboration will also see both organisations leveraging their events and initiatives to enable companies to meet, form new partnerships and advance the emerging Indian manufacturing and design ecosystem. SEMI represents over 3,000 member companies in the semiconductor design and manufacturing supply chain.

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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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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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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.

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Kolhapur has potential to be auto component mfg hub: Gadkari – ET Auto

Baua Electric

Union road transport minister Nitin Gadkari on Saturday said Kolhapur had the potential to become a hub for manufacturing automobile components and that govt was looking to turn the ethanol industry into a INR 2-lakh-crore sector. Kolhapur is home to sugar mills and we are going to make the ethanol industry a INR 2-lakh-crore sector.

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EV components maker Matel raises USD 4 mn in funding – ET Auto

Baua Electric

“While the irrigation and industrial business will grow as usual, we see most of our exponential growth over the next few years come from the EV segment,” Patro said. While the irrigation and industrial business will grow as usual, we see most of our exponential growth over the next few years come from the EV segment,” Patro said.

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Shubham Automation selects Dassault Systems platform for faster product development – ET Auto

Baua Electric

New Delhi: Dassault Systems Wednesday said that Shubham Automation , one of the leading providers of industrial automation solutions, has selected Dassault Systèmes’ 3DExperience Works to accelerate its product development cycle. By adopting this portfolio of solutions, Shubham Automation has a significant leap in its development processes.

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