MARCH 20268BOMBARDIER PLANS FOR GROWTH AS INDIA EXPANDS AVIATION INFRASTRUCTUREHCLTECH PARTNERS WITH SUCHI SEMICON TO ENHANCE SEMICONDUCTOR SOLUTIONSBombardier sees a promising future for business jet sales in India, thanks to the country's major investments in aviation infrastructure.CEO Eric Martel shared his optimism on Thursday, noting that Bombardier jets are already operating in India, but the company faces challenges due to the country's limited airport facilities.HCLTech, a leading global IT services company, has announced a strategic partnership with Suchi Semicon, a key player in the semiconductor industry, to offer cutting-edge semiconductor solutions.This collaboration aims to address the increasing demand for advanced chip technologies in sectors like automotive, telecom, and consumer electronics.Martel highlighted that India is investing significantly in its aviation sector, with around a dozen new airports under construction. "The good news is that they are spending a lot of money these days. They're building a dozen airports as far as I know, and maybe even more," Martel said. He added that the expansion of infrastructure over the next few years will create substantial growth opportunities for Bombardier in the country.During the same event, Canadian Prime Minister Mark Carney also underscored the importance of improving trade relations with India. Carney aims to reduce Canada's dependence on the United States for trade, while also negotiating tariff-free agreements with US President Donald Trump. Despite these efforts, the US market remains crucial for Bombardier, as it is the world's largest market for business aviation.Martel emphasized that the company's significant presence in the US with 2,800 suppliers and a defense division in Kansas is key to their growth strategy. He believes that "common sense will prevail" as both countries work toward boosting trade and strengthening ties. Under the partnership, HCLTech will leverage its deep expertise in digital transformation and engineering services to create innovative solutions for semiconductor design, manufacturing, and testing. The alliance also focuses on enhancing automation and AI-driven capabilities within the semiconductor lifecycle.The collaboration between the two companies will combine HCLTech's extensive experience in software development and Suchi Semicon's semiconductor manufacturing capabilities to streamline processes and reduce time-to-market. Both companies believe their joint efforts will boost the overall performance of semiconductor supply chains."This is not an equity collaboration. We can approach the market separately or together," Shetal Mehta, Founder of Suchi Semicon and director of Suchi Industries. "HCLTech brings deep design relationships and customer access, while we bring manufacturing expertise in semiconductor packaging."This strategic move aligns with HCLTech's ongoing commitment to driving innovation and solidifying its leadership in the global semiconductor ecosystem. With the industry rapidly evolving, this partnership is poised to offer groundbreaking solutions that support the growing global demand for semiconductors. TOP STORIESTOP STORIESTOP STORIES
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