India's Semiconductor Push: Partnering with CDIL to Drive Light EVs and Energy Storage Solutions
Infineon Technologies has partnered with India's six-decade-old chipmaker CDIL Semiconductors to tap into emerging business opportunities in the South Asian nation, focusing on light EVs and energy storage solutions. The partnership aims to support India's transition to electric mobility and renewable energy by providing high-quality inputs at comparable prices to drive consumer adoption. By leveraging Infineon's wafers and CDIL's expertise, the companies hope to establish a robust domestic ecosystem for EVs and battery storage solutions.
- This collaboration highlights the strategic importance of semiconductor partnerships in driving India's transition to sustainable energy sources, underscoring the need for local industries to develop cost-competitive technologies that can support the country's ambitious targets.
- What role will this partnership play in shaping India's position as a global semiconductor hub, and how will it address the challenges associated with scaling up production to meet growing demand?