Ford has joined Nissan, Volkswagen, Fiat Chrysler and Toyota who have curtailed production amid a global semiconductor shortage, delaying the production of some vehicles
This comes at a time when demand in world's fifth largest auto market is in the initial stage of recovery after the Coronavirus pandemic-induced lockdown earlier this year
If the current talks with the ATMP big boys fructify, it will be a major step for the country.
Such technological intervention will have lasting benefits. It will ease bottlenecks that prevent access to credit and bring SMEs within a national infrastructure programme
The acquisition is expected to help Tessolve to become the largest semiconductor engineering services player in the world
The US memory chip giant is eyeing opportunities in India to provide its technology to the government, large Indian enterprises and small and medium companies
The secretive China IC Fund plays a key role by steering overall investment and strategy