Tata Group in talks with two Taiwanese companies to set up semiconductor unit in India

Tuesday, 20 February 2024 10:02:25 (GMT+3)   |   Kolkata

India’s Tata Group is exploring partnerships with at least one of two large Taiwan-based semiconductor manufacturers to set up a chip fabrication unit in the western state of Gujarat, industry sources said on Tuesday, February 20.

Though no official confirmation has been available from any company in Tata Group, industry sources said that talks had been initiated with Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group, both Taiwan-based, for the proposed joint venture.

The Indian conglomerate aims to manufacture mature nodes of 65 nm (nanometer) before moving to 48 nm and then to 28 nm, the sources said.

In January, while addressing an investment summit in Gujarat, Tata Sons chairman N Chandrasekaran said the group will announce a “huge semiconductor fab” in Dholera, Gujarat, that would begin operations in 2024. This would make it the first major chipmaking plant to be set up by an Indian company.

AjoyDas
Ajoy Das
Editor

I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

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