The Tata Group in India is said to be in talks with three countries in the country to build a semiconductor assembly and test unit. The move is taking place in the midst of a persistent chip shortage that is hitting global manufacturers. According to unnamed sources, Tamil Nadu, Karnataka and Telangana are in talks with the southern states.
“While Tata is very strong on the software side of things, hardware is what they want to add to their portfolio, and that is very important for long-term growth,” the source told the agency. that the site is likely to be finalized by December.
The plant will start next year and is expected to employ up to 4,000 people.
“As soon as Tata starts, the ecosystem will It is therefore very important to find the right place for the workforce, “said the source, adding that the availability of a skilled workforce at the right price is key to the long-term viability of the business.
Earlier this year, Natarajan Chandrasekaran, president of Tata, said the company intends to invest in high-end electronics and digital businesses. The giant is already building a high-tech electronics manufacturing plant in Tamil Nadu. and its potential customers include companies such as Intel, Advanced Micro Devices (AMD) and STMicroelectronics.
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