LG Electronics to Invest Rs 1,000 Crore in New Noida R&D Center

-

 


LG Electronics has announced plans to invest Rs 1,000 crore to establish a state-of-the-art research and development (R&D) center in Noida, Uttar Pradesh. 

The facility will focus on innovation in home appliances, consumer electronics, and smart technologies tailored for Indian and global markets. The move underscores LG’s commitment to expanding its footprint in India and strengthening its role as a technology hub for advanced product development. The Noida R&D center is expected to generate significant employment opportunities for engineers and researchers, further boosting the region’s tech ecosystem.

Comments

Post a Comment

Popular posts from this blog

India & Cyprus Sign MoU to Launch UPI Services

-
Image
  India and Cyprus have signed a Memorandum of Understanding (MoU) to introduce Unified Payments Interface (UPI) services in the island nation. The agreement marks a significant step in strengthening bilateral fintech collaboration and expanding India's digital payment ecosystem globally. UPI, developed by the National Payments Corporation of India (NPCI), enables instant, real-time mobile payments and has revolutionized digital transactions in India. With Cyprus becoming the latest partner, this move is expected to boost cross-border financial connectivity and support Indian tourists, businesses, and diaspora in the region. This partnership reflects India’s growing influence in the global digital finance landscape and aligns with its vision of making UPI a global standard for fast and secure payments.
Read more

UAE-India Founders' Retreat - A New Era of Bilateral Synergy

-
Image
 The inaugural Founders' Retreat hosted by the UAE is a testament to the growing dynamism of the UAE-India partnership. This event underscores the power of strategic collaboration between nations that share a vision for innovation and economic prosperity. By bringing together over 60 of India’s top start-up founders and UAE’s business stalwarts, the retreat represents more than just an exchange of ideas; it lays the groundwork for transformative ventures. The impressive average valuation of USD 3.5 billion for participating start-ups and the presence of unicorn founders highlight India’s thriving entrepreneurial ecosystem. Coupled with the UAE’s investment prowess, this partnership can redefine the future of technology, innovation, and economic ties in the region. Initiatives like the UAE-India Start-up Bridge, under the CEPA framework, amplify this momentum, creating structured pathways for collaboration and growth. The UAE’s USD 20 billion investment in India since 2000 is a test...
Read more

India is Set to Launch Its First Indigenous Semiconductor Chip, as Five Semiconductor Units Are Under Construction: Ashwini Vaishnaw

-
Image
  India is poised to make a significant breakthrough in the semiconductor industry with the launch of its first indigenous semiconductor chip. Union Minister for Electronics and IT, Ashwini Vaishnaw, recently announced that five semiconductor fabrication units are currently under construction, marking a major step towards self-reliance in chip manufacturing. This initiative is part of India’s broader strategy to reduce dependence on foreign semiconductor imports and establish itself as a global hub for chip production. With substantial investments from both government and private players, the country aims to strengthen its digital infrastructure and support industries like electronics, telecom, and automotive manufacturing. The development aligns with Prime Minister Narendra Modi’s vision of “Atmanirbhar Bharat” (Self-Reliant India) and is expected to boost India’s economy, generate jobs, and attract foreign investments in the technology sector. The launch of the first homegrown se...
Read more