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According to Union Minister for Electronics & Information Technology Ashwini Vaishnaw, Tata Electronics Private Limited, in collaboration with Taiwan’s Powerchip Semiconductor Manufacturing Corp (PSMC), will spearhead the construction of the first commercial semiconductor fab in Dholera, Gujarat, with an investment totalling Rs 91,000 crore.

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Neweast has joined forces with Isuzu Motors, unveiling their strategic partnership with opening a state-of-the-art dealership in the Kingdom of Saudi Arabia (KSA). This collaboration, symbolized by a February 23, 2024 signing ceremony, sets a new standard for innovation and leadership in automotive excellence.

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said Steve Towe, Powerfleet’s Chief Executive Officer, who will continue serving as CEO of the combined Powerfleet company. “We expect the business combination will establish Powerfleet as a top-tier, global AIoT SaaS company, paving the way for accelerated growth in recurring revenues, expanded profitability, and enhanced investor value creation opportunities.”

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With the new compact SUV, we are furthering this strategy by systematically developing our local supplier base to provide parts and components of global standards and quality at competitive prices. We aim to actively participate in the evolving landscape of mobility in India. We remain focused on our expansions and further enhancement of the Group’s wide portfolio of cars in India,” Piyush Arora, Managing Director and CEO, Škoda Auto Volkswagen India.

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