Mahindra Nath Pandey, ET Auto

He noted that the INR 25,938 crore PLI scheme for the auto sector has been received well by the industry. Production of the first sof advanced chemistry cell batteries in India is likely to commence by January 2024, Union Minister Mahindra Nath Pandey said on Tuesday. In May 2021, the government approved the PLI (Production…

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Chip shortage hits issuance of smart driving licences, registration cards, ET Auto

Shortage of chips affected issuance of cards by banks late last year, but the situation improved after intervention by government and private agencies. A shortage of semiconductor chips continues to impact the issue of chip-baseddriver’s licences and automobile registration cards, to the frustration of new vehicle owners. During most of 2022 and the beginning of…

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MoS IT Rajeev Chandrasekhar, ET Auto

The upcoming USD 2.75 billion Micron Technology‘s facility in India proves that the growth in Micron Technology has committed to investing up to USD 825 million in building a new semiconductor assembly and test facility in India, with support from the Indian government. the country’s semiconductor ecosystem will soon manifest itself in myriad ways, propelling…

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