Tata Group to establish chip production in India: Tata Sons Chairman N. Chandrasekaran

09 Dec 2022 12:11:21
New Delhi, December 09: Taking a move that will make India a key part of the global chip supply, Tata Son's announced that it will begin producing semiconductors in the country within a few years. Tata Sons chairman Natarajan Chandrasekaran made this announcement while giving an interview with the Tokyo publication.
 
Tata
 
Chandrasekaran said the company was engaging in discussions with “multiple players,” regarding partnerships with existing chip manufacturers. He also added that the company plans to launch new businesses in emerging fields such as electric vehicles.
 
"We have created Tata Electronics, under which we are going to set up a semi-conductor assembly testing business," Chandrasekaran told while referring to an electronic components manufacturer that the group founded in 2020.
 
 
  
In the interview, Chandrasekaran pointed out that the company has set up Tata Electronics, “under which we are going to set up a semiconductor assembly testing business.” Tata has already announced a partnership with Tokyo-based Renesas Electronics in June this year, noted the report, which is based on semiconductor design and development.
 
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The comments come at a time when the Indian government is keen to boost investments in the electronics industry as a whole. Last month, Rajeev Chandrasekhar, Union minister of state for entrepreneurship, skill development,
electronics and technology said that the Prime Minister has set a target to increase production in the electronics sector to $300 billion by 2025-26.
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