‘Tata in talks to set up $300 million chip unit’

‘T.N., Karnataka, Telangana in the race’

November 26, 2021 10:45 pm | Updated 10:45 pm IST - New Delhi

FILE PHOTO: A vehicle drives past three men walking out of a Tata Motors car plant at Sanand in the western Indian state of Gujarat, India, October 27, 2016. REUTERS/Amit Dave/File Photo GLOBAL BUSINESS WEEK AHEAD - SEARCH GLOBAL BUSINESS 6 NOV FOR ALL IMAGES

FILE PHOTO: A vehicle drives past three men walking out of a Tata Motors car plant at Sanand in the western Indian state of Gujarat, India, October 27, 2016. REUTERS/Amit Dave/File Photo GLOBAL BUSINESS WEEK AHEAD - SEARCH GLOBAL BUSINESS 6 NOV FOR ALL IMAGES

Tata group is in talks with three States to invest up to $300 million to set up a semiconductor assembly and test unit, two sources familiar with the matter said, as part of the conglomerate’s push into high-tech manufacturing.

Tata is talking to the States of Tamil Nadu, Karnataka and Telangana and scouting for land for the outsourced semiconductor assembly and test (OSAT) plant, the sources said, declining to be identified as the matter is not public.

While Tata has previously said it would likely enter the semiconductor business, this is the first time news about the group’s foray into the sector and its scale has been reported.

An OSAT plant packages, assembles and tests foundry-made silicon wafers, turning them into finished semiconductor chips.

Tata has looked at some potential locations for the factory, one of the sources said, adding a venue was likely to be finalised by next month.

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