Tata Group, a global enterprise headquartered in India, and Analog Devices (ADI), a major player in the semiconductor business, have announced a strategic alliance to explore potential cooperative manufacturing opportunities.
The company’s Tata Electronics, Tata Motors and Tejas Networks divisions have 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 like electric vehicles and network infrastructure. The companies have also agreed to have strategic roadmap alignment discussions.
The joint effort is expected to be mutually beneficial and is a significant step in establishing a robust electronics manufacturing ecosystem in India both for domestic and global consumption.
In addition, Tata Electronics is investing in its own facilities by building India's first semiconductor fabrication plant (or fab) in Dholera, Gujarat, with a total investment of US$11 billion, while Tata Electronics will be investing another US$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 its outsourced semiconductor assembly and test (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.
