Ratan Tata's business strategy

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In a strategic move, the Ratan Tata-led Tata Group has partnered with Nasdaq-listed American chip maker Analog Devices (ADI) to explore semiconductor manufacturing opportunities in India. This collaboration, announced last week, marks a significant milestone in India’s push towards self-reliance in semiconductor production.

Tata and ADI’s Major Partnership
Tata Electronics, Tata Motors, and Tejas Networks signed a Memorandum of Understanding (MoU) with Analog Devices to enhance their strategic and business cooperation. The goal of the partnership is to explore the potential for semiconductor manufacturing within India. ADI’s semiconductor products are expected to be utilized across Tata Group’s key applications, including electric vehicles (EVs) and network infrastructure.

This collaboration aligns with India’s ambitions to strengthen its semiconductor industry and make a significant contribution to the global supply chain. The Tata Group had already received approval from the Indian government to establish semiconductor assembly, testing, and fabrication facilities within the nation.

Tata’s $14 billion semiconductor investment
Tata Group, a 156-year-old conglomerate with a diverse business portfolio, has committed a massive $14 billion to establish India’s first semiconductor fabrication plant in Gujarat along with a chip assembly and testing plant in Assam. This investment reflects Tata’s dedication to building a strong domestic semiconductor ecosystem.Read More-https://voiceofentrepreneur.life/