Tata, ADI Form $14B Semiconductor Alliance
Tata, ADI Form $14B Semiconductor Alliance
Tata, ADI Form $14B Semiconductor Alliance
News summary

Tata Group and Analog Devices (ADI) have forged a strategic alliance to explore semiconductor manufacturing opportunities in India, involving Tata Electronics, Tata Motors, and Tejas Networks. Tata Electronics is investing $14 billion to build India's first semiconductor fabrication facility in Gujarat and a chip-assembly and testing facility in Assam. This collaboration is aligned with Prime Minister Narendra Modi's vision to establish India as a global semiconductor powerhouse. Under the deal, Tata will also incorporate ADI's semiconductor solutions in its electric vehicles and telecom infrastructure. The partnership aims to enhance the electronics manufacturing ecosystem in India, benefiting both domestic and global markets.

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