New Delhi, July 10 (IANS) India’s electric vehicle components market is expected to expand eightfold from Rs 41,000 crore in 2025 to Rs 3.55 lakh crore by 2032, a report said on Friday.The report from India Energy Storage Alliance and Customized Energy Solutions said battery packs, motors and power electronics will drive unprecedented growth in the domestic EV supply chain.The report unveiled at India Energy Storage Week 2026 at Yashobhoomi (IICC), here, projected a compound annual growth rate…
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New Delhi, Jan 20 (IANS) Sony Group Corp on Tuesday announced it has decided to spin off control of its home entertainment business, including its well-known Bravia television brand, to Chinese electronics major TCL Electronics Holdings Limited, marking another step by a Japanese company to reduce exposure to the low-margin television segment.Sony Group Corp said that it will sell a 51 per cent stake in its home entertainment arm to TCL Electronics Holdings Limited.As part of the deal, the two c…
Las Vegas, Jan 6 (IANS) Roh Tae-moon, chief executive officer (CEO) of Samsung Electronics, has said that the company will place its near-term focus in robotics on manufacturing automation, as it takes a phased approach to expanding the business.”We are prioritising our robot business as a means to automate our manufacturing hubs,” Roh, co-CEO of the company, said during a press conference in Las Vegas held on the sidelines of CES 2026.”Based on the capabilities and experience gained there, we p…