Tata Group and Analog Devices, Inc. have agreed to partner and explore potential cooperative manufacturing opportunities.
Specifically, Tata Electronics, Tata Motors, and Tejas Networks signed a Memorandum of Understanding (MoU) with ADI to enhance strategic and business cooperation. Moreover, they aim to explore opportunities for semiconductor manufacturing in India and use ADI’s products in Tata applications. Particularly, electric vehicles and network infrastructure.
The companies also agree to have strategic roadmap alignment discussions.
Companies expect to benefit mutually from the joint effort. Furthermore, they see this agreement as a significant step to establishing a robust electronics ecosystem in India.
N Chandrasekaran, Chairman of Tata Sons, said, “The Tata Group remains deeply committed to pioneering a thriving semiconductor industry in India. We are happy to partner with ADI across the semiconductor value chain and explore collaboration between ADI and Tata Group companies. Moreover, to design and offer advanced products to serve our customers.”
“At ADI, we join efforts with the Tata Group in advancing India’s semiconductor ecosystem. This joint effort aligns with our commitment to innovation and sustainable growth in the region. Specifically, 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, from electric vehicles to next-generation network infrastructure,” said Vincent Roche, CEO and Chair at ADI.
In addition, Roche said, “Together, we are not only building a stronger semiconductor ecosystem but also shaping the future of global electronics manufacturing.”
As previously announced, Tata Electronics is investing in its own facilities by building India’s first fab in Dholera, Gujarat. Accordingly, the total investment is $11 billion. In addition, Tata Electronics will be investing another $3 billion 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 both commercial and passenger vehicle businesses. Tejas Networks and ADI intend to explore opportunities for engagement in electronics hardware components for network infrastructure.
Earlier, Tata Electronics also signed an agreement with Tokyo Electron (TEL), a leading player in the global electronics manufacturing industry. Specifically, the two companies will collaborate to accelerate semiconductor equipment infrastructure for India. This is as the country is bracing for its first wafer fab, which Tata Electronics are building in Dholera, Gujarat. Accordingly, it is also boosting its assembly and test facility in Jagiroad, Assam.
Through this partnership, TEL and Tata Electronics will also focus on training Tata Electronics’ workforce on TEL equipment. Moreover, it will also support ongoing improvement and R&D initiatives.
In addition, the company has also forged a partnership with ASMPT. Also earlier, Tata Electronics’ plan to build a mega semiconductor fabrication facility in Dholera, Gujarat is in partnership with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC).
19 September 2024