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The first part of the current fiscal year turned out to be the best for the PV segment, but fear remains in the category of two-wheelers and entry-level PV. As for OEMs, Tata and Mahindra gained a piece of the pie, while Hyundai lost about 3 percentage problems. Similarly, Hero MotoCorp also dropped 3 percentage issues, while others like HMSI reported a gain in the first six months.
The company’s main production plant in Kancheepuram, Tamil Nadu, manufactures 400,000 chips every day and they have already been introduced to the market. In the coming months, Polymatech aims to succeed in its full production capacity of 1 million chips a day (300 million consistent with the year), the company said.