Tata Electronics is rapidly scaling its semiconductor ambitions, with CEO Randhir Thakur revealing plans to grow the company from $15 billion to $30 billion over the next five years. The company has seen remarkable growth, achieving ₹4,000 crore in EBITDA this year, a turnaround from previous losses. This growth is attributed to strategic partnerships and an efficient supply chain, minimizing risks associated with equipment sourcing from countries like the US and Europe.

In a separate report, Ather Energy announced a 74% increase in revenue for Q4 FY26, reaching ₹1,175 crore (approximately $142 million USD), while narrowing its net loss to ₹100 crore. The surge in revenue is largely due to the success of its family scooter Rizta and an expanded service network, which now includes 700 experience centers. Ather has outpaced rival Ola Electric in market share, despite challenges faced by traditional two-wheeler manufacturers in the electric vehicle sector. The Indian electric vehicle market is trending towards premium models, with a notable increase in sales for vehicles priced above ₹20 lakh (approximately $24,000 USD).