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TATA Enters the Semiconductor Market to become an OSAT

Tata Group, one of India’s largest conglomerates, has announced its intention to venture into the outsourced semiconductor assembly and test (OSAT) industry. The company’s chairman, N. Chandrasekaran, stated that the move is a strategic one aimed at boosting the country’s technological capabilities and reducing dependency on imports. 

 

The OSAT facility, which will be established through a collaboration with the Indian government, will focus on producing a wide range of semiconductor products for various industries such as telecommunications, automotive, and aerospace. The chairman emphasized that the project would not only create jobs and drive economic growth, but also help establish India as a global player in the semiconductor industry.

 

Chandrasekaran emphasized that the project will not only create jobs and drive economic growth, but also help establish India as a global player in the semiconductor industry. He added that the company is committed to investing in research and development to ensure that the products manufactured in India are at par with international standards.

 

The move by Tata Group is a significant step towards fulfilling the Indian government’s vision of making the country a self-reliant nation in terms of technology. The government has been taking various measures to encourage domestic manufacturing, including offering tax incentives and subsidies.

 

The project is still in the early stages of planning, and further details, including the location of the facility and the investment involved, are yet to be announced. However, it is clear that Tata Group’s entry into the semiconductor manufacturing industry has the potential to bring about a major shift in the country’s technology landscape.

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