[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
investing a total of $14 billion to build India's first semiconductor fabrication facility in Gujarat state and a chip-assembly and
month, India's western state of 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