Natarajan Chandrasekaran, the chairman of Tata Sons, announced on Thursday that the country's largest company would begin making semiconductors there in the coming years. Chandrasekaran claimed in an interview with Nikkei Asia that the fabrication of the chips would elevate India to the status of a major worldwide supplier.

Chandrasekaran claimed that the salt-to-auto-to-steel conglomerate will 'look into the potential of eventually developing an upstream chip production platform' in response to the problems and existing shortage in the post-Covid period. He continued by saying that the company has already established Tata Electronics, under which a semiconductor assembly testing business will be established, and he made it clear that the US, Japan, Taiwan, and South Korea were possible project partners.

Chandrasekaran, referring to the group's 2020 establishment of an electronic components factory, said to the Tokyo-based journal, 'We have launched Tata Electronics, under which we are intending to build up semiconductor assembly testing business.' He went on to say, 'We will have negotiations with different players,' bringing up the prospect of collaborations with current chip makers.

 Chandrasekaran had previously expressed an interest in the semiconductor industry. He claimed that the market for high-tech electronics production is over $1 trillion, and the group is eager to investigate the potential in the industry. The chairman of Tata Sons stated in the most recent interview that the group has already planned to invest $90 billion over the following five years. 

According to Chandrasekaran, the company is expanding beyond semiconductors and into cutting-edge industries like as the production of renewable energy, EVs and EV batteries, and 'super applications' that let users purchase everything from groceries to financial services.