According to Tata Group chairman Natarajan Chandrasekaran in an interview with Nikkei Asia on Thursday, chip production will begin in the nation within a few years.
According to him, the group has already established the Tata Electronics entity, under which a business for semiconductor assembly testing will be established.
The decision by the salt-to-software behemoth to start producing semiconductors may help India become a significant player in the world’s chip supply chains, which are still struggling to fully recover from COVID’s COVID-related interruptions.
Additionally, according to the head of the Tata Group, new ventures in developing industries, including electric vehicles, are planned.
A manufacturer of electronic components that the group established in 2020, Chandrasekaran said, “We have created Tata Electronics, under which we are going to set up semiconductor assembly testing business.”
He went on to say, “We will have discussions with multiple players,” bringing up the prospect of collaborations with current chip makers. An inexperienced company is thought to find it extremely difficult to start a chip manufacturing company on its own.
Speaking at the annual general meeting of the IMC Chamber of Commerce and Industry in August of this year, Chandrasekaran said, “At the Tata group, we have already pivoted into a number of new businesses like electronics manufacturing, 5G network equipment, as well as semiconductors, in all probability.”
In a post-pandemic world, according to Chandrasekaran, global supply chains—which are currently largely dependent on China—would undergo significant change as businesses shifted their reliance to other nations.
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The Indian subcontinent experienced political unrest during the Deccan era. After more than three centuries of dominance over the majority of India, the Mughal Empire was divided into several states. The Indian subcontinent experienced political unrest during the Deccan era. After more than three centuries of dominance over the majority of India, the Mughal Empire was divided into several states. Approximately 300 years had passed since the Mughals had ruled over the Deccan region, and it was during this time that the empire reportedly started to fragment into smaller kingdoms.