Tokyo-headquartered semiconductor major Renesas Electronics Corporation has expanded its presence in India’s chips ecosystem through new partnerships, infrastructure and strategic investment in local talent. The Japanese semiconductor giant announced two Memoranda of Understanding (MoUs) with the Ministry of Electronics & Information Technology (MeitY), Government of India, aimed at fostering innovation through startups and academic institutions.

The MoUs, signed with the Centre for Development of Advanced Computing (C-DAC) under the MeitY’s Chips to Startup (C2S) programme, focus on supporting local startups and promoting industry-academia collaboration in VLSI and embedded semiconductor systems.

The announcement coincided with the inauguration of Renesas’ newly expanded offices in Bengaluru and Noida. These facilities will serve as key innovation and R&D hubs, as the company ramps up operations across India.

Under the first MoU, Renesas will support Indian startups by providing product engineering resources, including Renesas development boards and Altium Designer – industry-leading PCB design software. The second MoU focuses on academic collaboration, offering development tools, educational training and cloud access to Altium 365 to enhance experiential learning for students and foster next-generation engineering talent.

The C2S programme involves over 250 academic institutions and around 15 startups, creating a broad base for indigenous semiconductor innovation.

Malini Narayanamoorthi, India Country Manager and VP, MID Engineering, Analog & Connectivity Group, Renesas, said, "The inauguration of our expanded offices marks a significant milestone for Renesas in India. It reflects our unwavering commitment to innovation, excellence and the nurturing of local talent. By building products in India, for India and the world, we continue to drive growth and deliver meaningful impact across the Indian market. We are proud to sign two MoUs under the MeitY C2S programme, focused on advancing research, fostering innovation, and nurturing product-focused engineers. These strategic collaborations align with the Make in India initiative, aiming to strengthen local design and manufacturing capabilities and empower homegrown talent to drive the future of industry."

Renesas also inaugurated its new offices in Bengaluru and Noida – two of India’s key semiconductor hubs. The new Bengaluru facility, now the company’s largest site in India, brings together approximately 500 employees, including engineers from recently acquired Altium and Part Analytics. The facility features state-of-the-art labs and collaborative spaces designed to harness India’s engineering talent for global innovation.

The Noida office integrates engineering and business functions, with a strong focus on high-performance computing and automotive SoC development through the company’s R-Car platform. This site is set to play a pivotal role in Renesas’ global product development strategy.

Going forward, Renesas aims to generate over 10 percent of its global revenue from India by 2030 and plans to expand its local workforce to 1,000 employees by end-2025. This follows recent strategic moves, including a collaboration with CG Power and Stars Microelectronics on an OSAT facility in Gujarat and an academic partnership with IIT Hyderabad.

Comments (0)

ADD COMMENT

Link Copied!

Beijing-based electric technology company U Power focussing on battery-swapping solutions, has signed a Memorandum of Understanding with Beijing Foton International Trade (Beijing Foton), a wholly-owned subsidiary of Beijing Foton Motor Co (Foton Motor), a leading commercial vehicle manufacturer in China.

The partners will come together to jointly promote battery-swapping compatible electric heavy trucks, buses and vans in Southeast Asia, South America, Hong Kong SAR and Macau SAR markets.

As per the understanding, U Power will provide technological support to enable the incorporation of battery-swapping capabilities on Beijing Foton vehicles, development and testing of battery-swapping stations to serve electric vehicle models, as well as connection of vehicles with its battery-bank ecosystem.

On the other hand, Beijing Foton will gather and share performance data on battery charging, health and capacity records.

The partners have also agreed to explore expanding the cooperation in the future.

Johnny Lee, CEO and Chairman, U Power, said, "This partnership marks another significant step forward in our strategy of expanding OEM partner base. Through joint promotional and sales efforts, U Power expects to accelerate the establishment of a comprehensive battery-swapping and battery-bank ecosystem in several of its existing key markets. We look forward to a strong collaboration with Beijing Foton to strategically expand our global footprint and increase our market share."

Comments (0)

ADD COMMENT

Link Copied!

Delhi-NCR-based smart parking and mobility solutions provider ParkMate has rebranded itself as Blyp, which it stated is part of its vision to become a tech-driven urban mobility ecosystem that goes far beyond parking.

Dhananjaya Bharadwaj, Co-Founder & CEO, Blyp, said, “The name Blyp represents speed, precision and simplicity – exactly what we want to deliver to every urban commuter. This rebrand is more than just a new look. It’s a reflection of our expanded mission – to reimagine urban movement through data, design and deep tech. We’re excited to introduce Blyp as the mobility companion of tomorrow’s India.”

With a new identity, Blyp aims to become an enabler of intelligent urban navigation, offering users real-time parking discovery, smart routing, EV compatibility and partner integration across both public and private sectors.

Abhimanyu Singh, Co-Founder & COO, Blyp, said, “ParkMate was our beginning – a product born out of a real problem. Blyp is our evolution. Over the years, we’ve grown from a parking solution into a full-fledged mobility tech platform. This rebrand allows us to think bigger, move faster and build deeper value for individuals, businesses and governments alike.”

Going forward, the company will roll out new features, expand into new cities and aims to build new infrastructure collaborations.

Comments (0)

ADD COMMENT

Link Copied!

Dover India, part of USD 7 billion Dover Corporation, has joined with RV College of Engineering (RVCE), Bengaluru, to set up a laboratory in Materials and Component Reliability Testing under the Centre for Hydrogen and Green Technology, a Centre of Excellence at RVCE.

The facility will focus on research in the area of hydrogen technologies and advanced material reliability under extreme environments. The idea is to explore emerging areas in hydrogen technology such as sustainable materials, Internet of Things (IoT) and Industry 4.0 solutions. The lab will be housed within the RVCE campus.

The partners state such facilities, designed according to global standards, are first-of-their-kind in India and are available only in a handful of countries globally. It will bring over 20 technologists from Dover and RVCE to work on next-generation research focusing on generation, storage, transportation, handling, safety and end-applications for hydrogen.

Established in 2021, Dover India’s R&D arm in Bengaluru, is claimed to have emerged as a leading Innovation Centre focusing on prognostics, tribology, corrosion and coatings, polymer synthesis and material characterisation.

Vivek Srivastava, R&D Head, Dover India, said, “Collaborating with RVCE enables us to foster a strong academia-industry partnership that will fuel the next wave of clean energy innovation and cover the entire spectrum of basic and applied research in this area.”

The Memorandum of Understanding (MoU) formally signed between the two organisations saw participation from Dover India’s Tushar Banerjee, Vice President & Managing Director and Prashanth Santhanam, Senior Director – Finance. Dr M P Shyam, President – Rashtreeya Sikshana Samithi Trust (RSST), Dr K N Subramanya, Principal – RV College of Engineering and Dr Geetha K S, Vice Principal – Strategic Higher Education Leader, Expert in STEM Curriculum Development, Research & Innovation and Dr Ujwal Shreenag Meda, Coordinator, Centre for Hydrogen and Green Technology represented RVCE. 

Comments (0)

ADD COMMENT

Link Copied!

The Ministry of Road Transport & Highways (MoRTH) has introduced the Motor Vehicles Aggregator Guidelines, 2025, a revamped policy aimed at modernising the ride-hailing sector with a focus on safety, driver welfare and transparent operations. Under the new guidelines, a structured fare system and clear cancellation penalties are now in place.

The policy states that the State Government's notified fare will serve as the base fare, wherein aggregators can charge a minimum of 50 percent below during non-peak hours and a maximum of two times the base fare during peak demand (as compared to 1.5x). A base fare for a minimum of 3km is chargeable to compensate for dead mileage.

Drivers are guaranteed at least 80 percent of the fare, with daily, weekly or fortnightly settlements. For aggregator-owned vehicles, drivers receive at least 60 percent of the fare.

A penalty of 10 percent of the fare (up to INR 100) may be imposed for unvalidated cancellations by either the driver or the passenger. No charge for dead mileage will apply unless the ride distance is less than 3km, the fare will only be charged from origin to destination.

The new policy introduces important provisions for aggregators:

Passenger Insurance: A minimum insurance cover of INR 500,000 for passengers is now mandatory.

Aggregators cannot prevent drivers from working with multiple platforms. A mandatory in-app rating system for both drivers and passengers is required to ensure quality service.

Furthermore, a comprehensive mandatory 40-hour Induction Training Programme is now compulsory for drivers, covering app usage, legal provisions, first responder training, safe driving and sensitivity towards gender and Divyangjans.

Drivers must undergo mandatory medical examinations, psychological analyses and police verification. Aggregators will also need to provide a Health insurance (minimum INR 500,000) and term insurance (minimum INR 1 million) for each driver, with annual increases.

Annual refresher training is now mandated, with quarterly training for drivers with low ratings. Aggregators are not allowed to onboard vehicles older than 8 years from their initial registration. The app and website (aggregator) must disclose the proportion of fare and incentives provided to drivers.

To ensure accessibility, the aggregator apps must now include special features for Divyangjans, which also provides for divyangjan-friendly vehicles mandated by State governments.

Aggregators must maintain a 24x7 control room and call centre with the vehicles requiring functional tracking devices linked to government control centres, with in-app mechanisms to detect route deviations and alert authorities.

The aggregators are responsible for the safety of all passengers, particularly children, women and Divyangjans.

Comments (0)

ADD COMMENT

Link Copied!