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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.