Tata Electronics, Tata Motors, and Tejas Networks signed a Memorandum of Understanding (MoU) with ADI to enhance strategic and business cooperation, explore opportunities for semiconductor manufacturing in India, and use ADI's products in Tata applications including electric vehicles and network infrastructure. The companies also agreed to have discussions around strategic roadmap alignment.
ADI said the joint effort is a significant step in establishing a robust electronics manufacturing ecosystem in India for domestic and global markets.
In a statement, N Chandrasekaran, chairman of Tata Sons, said, "The Tata Group is deeply committed to pioneering a thriving semiconductor industry in India. We are excited to partner with ADI across the semiconductor value chain and explore collaboration between ADI and Tata Group companies to design and offer advanced products to serve our customers."
Tata Electronics is investing in its own facilities by building India's first fab in Dholera, Gujarat with a total investment of $11bn. In addition, Tata Electronics will be investing another $3bn in a greenfield facility in Jagiroad, Assam for the assembly and testing of semiconductor chips.
Tata Electronics and ADI intend to explore opportunities to manufacture ADI's products in Tata Electronics' fab in Gujarat and OSAT in Assam. Tata Motors and ADI intend to explore opportunities for engagement in electronics hardware components for energy storage solutions and power electronics in commercial and passenger vehicle businesses. Tejas Networks and ADI intend to explore opportunities for engagement in electronics hardware components for network infrastructure.
"This joint effort aligns with our commitment to innovation and sustainable growth in the region. By combining our real-world semiconductor solutions and software expertise with Tata's vision and capabilities, we can accelerate the development of cutting-edge technologies. Together, we are not only building a stronger semiconductor ecosystem but also shaping the future of global electronics manufacturing," said Vincent Roche, CEO and chair at ADI.
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