Get latest articles and stories on India at LatestLY. The government has approved selling its 51 per cent stake in helicopter services provider Pawan Hans Ltd (PHL) along with transfer of management control for Rs 211.14 crore to Star9 Mobility Private Ltd, the Finance Ministry said on Friday. India News | Star9 Mobility Private Ltd to Buy Govt s 51% Stake in Pawan Hans.
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Siemens has signed a Memorandum of Understanding (MOU) with Switch Mobility Automotive Limited to jointly work in the electric commercial vehicle segment in India.Under the MoU, Switch Mobility, which is owned by the Hinduja Group and an arm of Ashok Leyland, will bring in its electric commercial vehicles into India, while Siemens would provide the charging infrastructure technology and charging infrastructure management software solution to enhance the energy-efficient operations of the chargers.
Chennai: Switch Mobility Automotive Limited today joined hands with Siemens Limited, a global technology powerhouse known for their engineering excellence, innovation, quality and reliability over 170 years, to address the potential of the e-mobility market in India, driven by a strong commitment to support zero emission mobility through lowest Total Cost of Ownership.
Switch Mobility Automotive and Siemens have entered into a Memorandum of Understanding (MOU) towards building a co-operative technological partnership in electric commercial mobility segment and execute eMobility projects in India
The MOU is aimed at delivering efficient, cost-effective and sustainable E-Mobility solutions to various commercial vehicle customers in India. To achieve this objective, Switch Mobility Ltd., will bring its strong electric commercial vehicle industry experience while Siemens will offer its proven flexible, high-efficiency and future-ready charging infrastructure technology with efficie