[India] - Analog Devices, Tata Group sign pact to make semiconductors in India

INSUBCONTINENT EXCLUSIVE:
Construction of the Tata Group's semiconductor plant was greenlit by India earlier this year.2 min read Last Updated : Sep 19 2024 | 11:07
AM IST Analog Devices (ADI) and Indian salt-to-aviation conglomerate Tata Group have signed a pact to explore making semiconductor products
a total of $14 billion to build India's first semiconductor fabrication facility in Gujarat state and a chip-assembly and testing facility
and ADI intend to explore opportunities to manufacture ADI's products in Tata Electronics' fab in Gujarat and the facility in Assam, Analog
Maharashtra said Adani Group and Israel's Tower Semiconductor would invest $10 billion for a chip project
Infrastructure major Larsen & Toubro's semiconductor unit, which designs chips for vehicles, also plans to eventually build a
used by Tata. Global companies including NXP Semiconductors and Micron have announced plans to invest and establish facilities in the