Natarajan Chandrasekaran, chairman of Tata Sons, the main investment holding company of India’s Tata Group, told Nikkei on December 8 that the Tata group will begin production in India within a few years. Semiconductors, and plans to launch new businesses in areas such as electric vehicles, including manufacturing electric vehicles and electric vehicle batteries, producing renewable energy and developing one-stop “super apps”. Tata Group plans to invest $90 billion over the next five years on this, he said.
“We have created Tata Electronics, and we will set up a semiconductor assembly and testing business under this company,” Chandrasekaran said. “We will discuss with many companies.” He also revealed that Tata will “study the final The possibility of launching an upstream chip manufacturing platform (i.e. a fab)”.
Apart from the software design industry, India has almost no semiconductor industry, although demand for semiconductor-intensive products such as smartphones and electric vehicles is growing rapidly.
Chandrasekaran also mentioned that the Tata Group hopes to unify the management of the acquired Air India, as well as Tasin Airlines and AirAsia India, both of which belong to the group. He said this does not mean merging brands.
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