Latest news with #SkodaSlavia
Time of India
7 hours ago
- Automotive
- Time of India
India key market for MediaTek; young demographic, growing economy fuel growth: Country MD
India's booming technology sector and the young, tech-savvy population are making the country a pivotal market for global semiconductor giant MediaTek , according to company's India MD Anku Jain. India's strong economic growth and favourable demographics are driving rapid adoption of advanced technologies like 5G, smart devices, and AI-powered solutions, he said. "India is a very important market for MediaTek because it is a very huge consumption story,we can see the demographics -- which is a very young population, we can see our economy growing very fast. All these components are making the market very attractive for us," Jain told PTI. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elite Swing Trader Mr. Hemant Shares His Winning Strategy for Free! TradeWise Learn More Undo Beyond smartphones, MediaTek's chipsets power many devices, including smart TVs, tablets, chromebooks, routers, and the smart home segment. Jain noted that the company is now expanding into new verticals such as automotive, recently partnering with JioThings to develop 4G smart clusters for the two-wheeler EV segment, and supplying infotainment systems for cars like Skoda Slavia and Tata Punch EV . Live Events The company is also exploring opportunities in satellite communications, with its chipsets poised to support evolving requirements as India's satellite and IoT ecosystem grows. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories As per Counterpoint Research, as of April 2025, MediaTek led India's smartphone chipset market with a 45 per cent share, followed by Qualcomm at 32 per cent. The company established its first R&D centre in India in 2004 and now employs over 1,000 engineers across its Bengaluru and Noida offices. The Taiwanese firm on Friday launched the MediaTek Dimensity 8450, a 5G smartphone chip with eight Arm Cortex-A725 cores and an Arm Mali-G720 MC7 GPU. Jain outlined MediaTek's commitment to further investment in the Indian market and continued expansion of its engineering teams. The company views its Indian R&D centres as extensions of its global operations, enabling it to address multiple technology verticals from within the country. "In the near future, we'll have the number of engineers keep increasing with time because we are coming up with new innovations and the talent pool in India, the engineering strength in India is very, very good for us," he said.
Hindustan Times
10-06-2025
- Automotive
- Hindustan Times
Volkswagen Virtus celebrates 3 years in market, becomes highest selling sedan in India
Volkswagen Virtus is taller, longer and wider than any of its rivals, barring cousin Skoda Slavia with which it shares its dimensions. Check Offers Volkswagen Virtus is celebrating its third year in the Indian market. In these three years, the premium sedan has been able to command 32 per cent market share in YTD'25. Apart from this, the Virtus has been the highest-selling sedan in 2024 as well as 2025. What are the specifications of the Volkswagen Virtus? The VW Virtus is available with two engine options in India. The 1.0-litre TSI petrol develops 113 bhp and 178 Nm of peak torque, whereas the 1.5-litre TSI petrol churns out 148 bhp and 250 Nm. Transmission options include a 6-speed manual and a torque converter with the 1.0 TSI, while the 1.5 TSI is paired with a 7-speed DSG or a 6-speed manual gearbox. Volkswagen Virtus gets benefits The Virtus Chrome has a starting price of ₹ 10.54 lakh. There are benefits of up to ₹ 1.65 lakh on the 1.0 TSI whereas the 1.5 TSI gets benefits of up to ₹ 1.05 lakh. The Virtus Sport gets benefits of up to ₹ 65,000 with the 1.0 TSI AT whereas the 1.5 TSI gets benefits of up to ₹ 70,000. There is also a 3rd anniversary offer of ₹ 50,000 and a scrappage benefit of up to ₹ 20,000. Also Read : Volkswagen Tiguan R-Line launched in India, gets a 2.0-litre turbo-petrol engine and AWD What are the rivals of the Volkswagen Virtus? Volkswagen Virtus goes against Honda City, Hyundai Verna and Skoda Slavia. Commenting on the milestone, Mr. Nitin Kohli, Brand Director, Volkswagen Passenger Cars India, said, 'We are delighted that Virtus continues to lead the premium sedan segment, resonating deeply with aspirational customers who seek both style and substance. This milestone is a true testament to the trust our customers place in the Virtus and the Volkswagen brand. As the market evolves, we remain focused on innovation and delivering products that inspire confidence and pride." Volkswagen Golf GTI sold out Volkswagen India has announced that the first batch of this high-performance hatchback has been completely sold out. The Golf GTI is being launched in the Indian market through the Completely Built Unit (CBU) approach. Although the pricing information has not yet been disclosed, the booking fee has been set at ₹ 2,65,370. Volkswagen has indicated that only a limited number of interested customers will be selected to buy the GTI. Check out Upcoming Cars in India 2024, Best SUVs in India. First Published Date: 10 Jun 2025, 17:05 PM IST
