The Tata Group has stated that it intends to start producing its own chipsets in India shortly. Regarding collaborations with current chip producers, it has held negotiations with “several players.”
Tata Group all set to enter Chip Making
Tata Sons Chairman Natarajan Subramanian,said that the corporation has established Tata Electronics under which it will establish its Semiconductor assembly testing business. Further, he disclosed that Tata had already made an announcement in June of this year regarding a partnership centred on semiconductor design and development with Tokyo-based Renesas Electronics.
Also stated that the corporation is attempting to start new ventures in EVs and other developing industries (electronic vehicles).
Significance of Development
The timing of this development coincides with the Indian government’s desire to increase investment in the electronics sector. The Prime Minister has set a goal to raise electronics sector production to $300 billion by 2025–2026, according to Rajeev Chandrashekhar, Union Minister of State for Skill Development.
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Electronic Sector production of $300 billion set by the Government by 2025-26
Additionally, he said that the government intends to invest $30 billion in electronics and semiconductors, of which $20 billion would be used for the manufacturing and design of electronics and $10 billion for the production, research, and design of semiconductors. In order to create a thriving semiconductor and display eco-system, the government has also launched the “India “Semi-conductor Mission,” a specialised and independent commercial division within the Digital India Corporation.
India looking forward to create 28 nanometer or 65 nanometer semiconductors business model
He also stated that India would not be interested in developing cutting-edge technologies, but rather a 28- or 65-nanometer semiconductor business model that supports sponsor quality, process technology, and capabilities. India would then submit a proposal that would be approved.
The demand for chipsets in the Indian market will rise as Chandrasekaran anticipates EV sales to surpass traditional internal combustion engine (ICE) sales in India by 2027, earlier than anticipated in 2030.
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