Tata Chairman N Chandrasekaran wants to build electronics ma

Tata Chairman N Chandrasekaran wants to build electronics manufacturing ecosystem in India


Tata Chairman wants to build electronics manufacturing ecosystem in India
In device manufacturing, medical and diagnostics will be another focus area for the Tata Group chairman
Nevin John | February 19, 2021 | Updated 23:48 IST
N Chandrasekaran, Chairman, Tata Group
Tata Group is in the process of building high-end electronics manufacturing capabilities to knit together its dream of creating an engineering and manufacturing ecosystem in the country. N Chandrasekaran, chairman, Tata Group told BusinessToday.In that there is a huge opportunity to build the electronics ecosystem in the country.
The recently floated group company, Tata Electronics has signed a memorandum of understanding (MoU) with Tamil Nadu government to set up plants for manufacturing mobile components. The company has announced an investment of Rs 4,684 crore in the new plant in Krishnagiri that will employ around 18,250 people. Taipei-based Pegatron, which is the second-largest contract manufacturer of iPhone, has also signed another MoU with the state for investing Rs 1,100 crore. According to sources, Tata Electronics will manufacture components for iPhone.

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