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Tata Group to Sign MoUs with 10 Semiconductor Firms, Boosting India's Chip Industry The Tata Group is set to sign Memoranda of Understanding (MoUs) with ten semiconductor companies, further strengthening India's semiconductor ecosystem.This move aligns with India's vision to become a global semiconductor hub and reduce reliance on imports. Tata Electronics has been actively forming partnerships in the sector, including a recent MoU with ASMPT Singapore for semiconductor assembly equipment and a collaboration with Powerchip Semiconductor Manufacturing Corporation (PSMC) for India's first chip fabrication facility in Dholera, Gujarat. This development marks a significant step in India's efforts to establish a robust semiconductor supply chain, attracting global investments and expertise in advanced chip manufacturing.
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