Renesas Electronics Establishes a Subsidiary in India
April 2014 by Emmanuelle Lamandé
Renesas Electronics Corporation announced the opening of Renesas Electronics India Pvt. Ltd, a wholly-owned subsidiary of Renesas Electronics Singapore Pte. Ltd., located in Bangalore, India.
Since 2010, Renesas has been carrying out its business promotion activities and providing technical product support to its customers in India via its branch offices in Bangalore, Delhi and Mumbai. As part of its expansion plan, Renesas is converting its India branch offices to a full subsidiary. Renesas can now expand its operations to other cities in India, as well as engage in a wider range of business activities. Customers can expect a higher level of engagement and services delivered closer to their regional offices throughout India.
By providing dedicated local support via the new company, and with a focus on industrial and automotive applications, Renesas aims to increase its microcontroller (MCU) share in India and expand its solution offerings with a rich lineup of kit solutions and reference boards to speed customer time to market.
Renesas India plans to expand its application engineering team to develop and market “India-centric” solutions. The engineering team will first focus on two-wheeler automotive solutions. Moving forward, Renesas India intends to expand its operations to other cities in India and extend its solution offerings to industrial and consumer applications.
This expanded application engineering support will fuel growth in this sector. In addition to India, Renesas has sales offices in Europe, U.S., Canada, Brazil, China, Hong Kong, Taiwan, Korea, Malaysia and Singapore. These solution offerings developed for the Indian marketplace will also be available for customers in Singapore, China and Taiwan.