In this interview, Bing-Lin Wu, Marketing Head, Maxxis Rubber India Pvt Ltd (Maxxis India), highlights on emerging opportunities in the Indian tyre segment and the company's plan to ramp-up business in the country.

Pat Gelsinger, CEO, Intel, met with Thierry Breton, European Commissioner, to deliberate the semiconductor strategy. He stated that the existing global chip shortage will persist for another couple of years.

The chipmaker will spend $3.6 billion in the next three years to combat the global chip shortage. The production will happen at an existing UMC facility in the Tainan Science Park from the Q2 of 2023.

To handle the global chip shortage, The Taiwan Semiconductor Manufacturing Co has announced that it plans to increase its plant capacity with an investment of $2.8 billion to install mature technology.

Gogoro, Taiwan’s battery distribution network, gets into a joint partnership with Hero and will be launching Gogoro-powered electric Hero two-wheelers that will be available throughout the country.

T Razr Transformative tyre of the company won a design accolade in automotive accessories and car care products design category, 2019-2020.

As per the pact, which covers 44 countries (including India), AkzoNobel’s Sikkens and Lesonal brands are now approved for paint repairs of BMW and Mini passenger cars.

The concept vehicle integrates AEye’s iDAR with Tata Elxsi’s Autonomai to create fully autonomous vehicle.

Automotive and auto component industry has been a major demand driver for the Indian machine tools sector.