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Qualcomm to localise automotive module production; aims to double auto revenue by 2029

Qualcomm is shifting its automotive module production to India, aiming to bolster local manufacturing and support its partners. The company is collaborating with Tier 1 suppliers to relocate their manufacturing to India. Qualcomm is focusing on the automotive sector, particularly EVs, and working with major Indian carmakers to develop products tailored for the local market.