Tatas gear up to make chips, EV batteries
Steel-to-salt conglomerate Tata Group is evaluating plans to enter the chip-making business to cut its reliance on imports.
The news came at a time when a global semiconductor shortage has hurt the production of everything from cars to computers.
“Manufacturing semiconductors is a space we are looking at. We have already gotten into precision manufacturing and related assembly in the semiconductor value chain,” said N Chandrasekaran, the chairman of Tata Sons, the group’s main holding company.
