In a move that could reshape India’s technology landscape, Tata Group and Analog Devices (ADI) have joined forces to explore cooperative manufacturing opportunities in India’s burgeoning semiconductor industry.
With Tata being a global enterprise headquartered in India and ADI being a US-based semiconductor company, the agreement aims to enhance strategic and business cooperation, explore semiconductor manufacturing opportunities in India and utilise ADI’s products in Tata applications, such as electric vehicles and network infrastructure.
This partnership, announced recently, comes at a pivotal moment as India seeks to carve out its place in the global semiconductor market, as the semiconductor industry, the backbone of modern electronics, has experienced remarkable growth driven by advancements in AI, 5G networks and IoT.
For example, Micron Technology, a leading US chipmaker, is establishing a US$2.75bn semiconductor testing facility.
Additionally, CG Power, part of the Murugappa Group, is partnering with Japan’s Renesas Electronics to set up a chip manufacturing unit in Sanand, Gujarat whilst Qualcomm, a leading semiconductor company, contributes by advancing AI and 5G technologies, driving market growth.
Tata and ADI’s alliance, formalised through a Memorandum of Understanding (MoU), aims to leverage this growth while bolstering India’s domestic capabilities.
Semiconductor manufacturing in India
At the heart of this alliance is Tata Electronics’, a subsidiary of Tata, with an ambitious US11bn investment in India’s first semiconductor fabrication plant in Gujarat.
This facility, complemented by a US$3bn investment in an assembly and testing facility in Assam, represents a significant step towards reducing India’s reliance on imported semiconductors.
