The global technology company plans to form a consortium comprising of local technology companies based in the Kongu region for investing to set up R&D centres in the region, which will focus on the research and development of critical technologies for capital goods manufacturing.

Bangalore-based micro-mobility startup plans to strengthen its R&D and manufacturing capabilities at Mysuru in Karnataka. Toutches manufacturing and technology units are spread across Mysuru and Bengaluru, with a current capacity to make 12,000 e-bikes a year. The startup manufactures and sells the Heileo range of power bicycles.

Tesla has shown initial interest to invest in a research and innovation centre in Karnataka and talks are at a preliminary stage. Karnataka is the first state to come up with an electric vehicle policy, hoping to generate investments of Rs. 31,000 crore in EV R&D and manufacturing.

The Central government has approved Rs. 110 crore to set up a technology innovation hub at IIT, Ropar. The innovation centre is aimed to find solutions for stubble management, water quality improvement, mapping of hazardous substances in water and soil, and their treatment.

The global medical technology major will invest Rs 1,200 crore in scaling up and expanding its current research and development centre in Hyderabad into a modern engineering and innovation hub. The Medtronic Engineering and Innovation Center (MEIC) will be the largest global R&D centre outside of the United States for Medtronic.

The global payments technology company plans to invest nearly $1 billion in India over the next five years as it looks to double its research and development efforts for the Indian market. The investment will be made in the company’s R&D facility at Pune and another centre at Vadodara, both of which cater to the company’s global operations.

Plans to undertake construction of Research Park (IHUB) at IISC, Bangalore.

US based EagleView Technologies has opened its biggest R&D centre located within Bengaluru’s Pritech Park SEZ, Bellandur.

US-based semiconductor supplier of smart, connected and secure embedded control solutions, has recently set up a new research and development centre in Chennai. The new centre will focus on IC design, physical design, Computer-aided Design (CAD), application and software development.