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Renesas Electronics sets up Subsidiary in India

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Renesas Electronics Corporation has announced the opening of Renesas Electronics India Pvt. Ltd, a wholly-owned subsidiary of Renesas Electronics Singapore Pte. Ltd., located in Bangalore, India. Guests from Embassy of Japan in India, company representatives from Japan and Singapore as well as customers and industry partners attended the opening ceremony held in Bangalore, India on April 16, 2014.
Since 2010, Renesas has been carrying out its business promotion activities and providing technical product support to its customers in India via its branch offices in Bangalore, Delhi and Mumbai.  As part of its expansion plan, Renesas is converting its India branch offices to a full subsidiary. Renesas can now expand its operations to other cities in India as well as engage in a wider range of business activities. Customers can expect a higher level of engagement and services delivered closer to their doorsteps.
“By opening a full-fledged subsidiary in India, we will be able to provide better and broader support to the growing customer base in India,” said Manabu Kawashima, Senior Vice President of Renesas Electronics Corporation. “India is one of the most important markets for Renesas and strengthening our presence here is part of our growth strategy. We aim to expand our global sales by providing the best solution offerings and technical product support as well as a regional systems solution development expertise to the Indian market”
 By providing dedicated local support via the new company, and with a focus on industrial and automotive applications, Renesas aims to increase its MCU share in India and expand its solution offerings with rich lineup of kit solutions and reference boards to provide customers a shorter time-to-market.
 Renesas India plans to expand its application engineering team to develop and market ‘India-centric’ solutions. The team will first focus on two-wheeler automotive solutions. Renesas India intends to expand the team’s operations to other cities in India to extend its solution offerings to industrial and consumer appliances in time to come.