Page 13 - Tata Electronics News Today

After Tata Tech IPO became a hit, Tata Group is revving up for a public listing spree. Up to 8 companies, including BigBasket and Tata Electric Vehicles, could hit the stock market in the next few years to fuel growth and unlock value.

Tata Electronics, a subsidiary of Tata Sons, recently announced a ₹91,000 Crore investment to develop a semiconductor fabrication unit in Dholera, Gujarat.

Tata Electronics Chairman Banmali Agrawala: “The global trade in manufacturing is $15 trillion plus, whereas services is $7 trillion; manufacturing is more than twice the size of services. Our share in the global trade in manufacturing is negligible, so there is ample room for growth.

Get latest articles and stories on Latest News at LatestLY. India has slowed down on the manufacturing front and needs to double down on electronics manufacturing services (EMS)-designing, manufacturing, testing components and assemblies for original equipment manufacturers, Tata Electronics Chairman Banmali Agrawala said. Latest News | India Needs to Double Down on Electronics Manufacturing: Tata Electronics Chairman.

Tata Electronics Chairman Banmali Agrawala advocates for India to focus on electronics manufacturing services, emphasizing the need to enhance infrastructure, quality of services, and seize opportunities presented by global trade and the presence of multinationals.

PM Narendra Modi virtually lays foundation stone of Tata Group’s Rs 27,000-crore indigenous ‘Semiconductor Assembly and Test Facility’ in Assam. Assam hoists itself as the country’s pioneer in the fourth industrial revolution, Industry 4.0.

The first semiconductor chip from the new plant being set up by the Tata Group and Taiwans Powerchip Semiconductor Manufacturing Corporation (PSMC) in Gujarats Dholera, will be ready to roll out by the end of 2026, according to Frank Huang, chairman of PSMC.

The Rs 91,000 crore mega semiconductor fabrication facility in Dholera is run jointly by Tata Electronics in partnership with PSMC. This fab facility will have manufacturing capacity of up to 50,000 wafers per month.

Frank Huang, chairman of PSMC, told ET that the first semiconductor chip from the new plant being set up by the Tata Group and Taiwans Powerchip Semiconductor Manufacturing Corporation (PSMC) in Gujarats Dholera, will be ready to roll out by the end of 2026.

(This story has not been edited by THE WEEK and is auto-generated from a PTI