Ericsson has announced the expansion of its research and development (R&D) operations in Bengaluru, with a focus on Application-Specific Integrated Circuit (ASIC) development. The company plans to hire over 150 engineers in India as part of this initiative. The Bengaluru expansion aligns with Ericsson’s broader strategy to enhance its semiconductor design capabilities and reinforce the […]
Tata Technologies, a product engineering and digital services company, has been selected as a strategic engineering supplier by Volvo Cars. The collaboration expands the companies’ existing relationship and will cover areas including product engineering, vehicle systems and component engineering, embedded software, and Product Lifecycle Management (PLM) solutions. According to Tata Technologies, the services will be delivered […]
Volvo Cars has selected HCLTech as one of its strategic suppliers for engineering services. The agreement expands HCLTech’s role to deliver end-to-end engineering solutions at scale for Volvo Cars, building on their existing collaboration in digital and product lifecycle management (PLM) services. Under this partnership, HCLTech will support Volvo Cars’ engineering initiatives through its automotive […]
Redwing, a developer of Beyond Visual Line of Sight (BVLOS) drones, has acquired the assets of Swedish drone delivery company Aerit, marking its entry into the European market and expanding its drone logistics capabilities. The acquisition includes Aerit’s autonomous flight technology and machine learning-based flight routing systems, strengthening Redwing’s operational portfolio. Aerit previously collaborated with Foodora […]
Ikea plans to raise its local sourcing in India to 50 percent from the current 30 percent for its domestic retail operations. The company also sources approximately EUR 400 million worth of products annually from India for its global supply chain. The move is aimed at expanding Ikea’s supply capabilities for both domestic and international […]
KPIT Technologies, software integration partner for the automotive and mobility industry, has opened a new technology centre in Gothenburg, Sweden, marking its first facility in the Nordic region. The move is part of the company’s broader global expansion strategy and aims to enhance collaboration with original equipment manufacturers (OEMs) in Sweden and across Europe. According […]
SKF India is separating its automotive and industrial businesses into two independently listed entities through a demerger. As part of this restructuring, the company’s Bangalore facility has been substantially allocated to the automotive business. The Haridwar plant has also been fully allocated to automotive. The Pune plant currently supports both segments, and a new manufacturing […]
Dellner India is partnering with Alstom to supply automatic couplers and semi-permanent couplers for new trains being developed for Chennai Metro Rail Limited’s (CMRL) Phase 2 expansion. The components will be used in trains that form part of the metro’s extended network. Alstom was awarded a contract in November 2022 valued at approximately EUR 98 […]
Swedish defence company Saab has successfully delivered its AT4 anti-armour weapon system to the Indian Armed Forces. The AT4CS AST variant, designed for use in confined spaces such as buildings and bunkers, is a single-shot, man-portable, unguided rocket launcher. This delivery follows a contract awarded to Saab in 2022 for the system, which will be […]
Sandvik has appointed Anil Ghegade as Managing Director of its newly established Innovation Hub in Pune, Maharashtra. Ghegade brings experience in operations, business strategy, and R&D, having previously worked in leadership roles across the U.S. and Asia-Pacific in sectors including industrial products and off-highway machinery. Sandvik stated that Ghegade has been involved in setting up […]
