
Pavna Industries and SMC Join Forces to Propel EV Tech in India
Published on: Aug. 15, 2025, 9:18 p.m. | Source: Devdiscourse
Pavna Industries has formed a joint venture with SmartChip Microelectronic Corporation to enhance EV technology and explore new markets. Pavna will hold 80% equity, bringing its expertise in the Indian automotive sector, while SMC holds 20% with advanced electronics knowledge. The partnership aims at innovation and market expansion.