Tata chip unit to announce its own semiconductor chip in Fabruary “It will be a huge investment”

CHENNAI: Tata Sons Chairman N Chandrasekaran on Wednesday said the group will announce its semiconductor chip fab “very soon” and “it will be a huge investment.”

Delivering the 20th Anantharamakrishnan Memorial Lecture on “Leading India in a Critical Decade” after being honored with the MMA-Amalgamations Business Leadership Award 2023, Chandrasekaran said the group has bet on the future – be it Air India or its electronics business. And semiconductor game. .He did not elaborate on plans for the semiconductor fab unit.

Tata Group may explore partnership with either of the two leading Taiwanese chip makers – Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group – for its proposed chip fabrication plant in Dholera, Gujarat.” Chandrasekaran said. , ”We will produce many nodes.” .

He said supply chains, including advanced manufacturing, are being redefined and India with its size, demography and other advantages will be well placed to take advantage of this.