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Tata Electronics and Powerchip Semiconductor Manufacturing Corporation (PSMC) Complete Landmark Agreement for Technology Transfer to Build India's First Semiconductor Fab

By PR Newswire

26 Sept 2024

NEW DELHI, Sept. 26, 2024 /PRNewswire/ -- Tata Electronics, a wholly owned subsidiary of Tata Sons Pvt. Ltd, a pioneer in India's electronics manufacturing sector, has announced a significant step forward in its journey to establish India's first semiconductor Fab in Dholera, Gujarat. In a landmark move towards establishing semiconductor manufacturing in India, Tata Electronics has completed the Definitive Agreement with Powerchip Semiconductor Manufacturing Corporation (PSMC) of Taiwan. This pivotal agreement is a cornerstone of Tata Electronics' strategy to bring sophisticated semiconductor manufacturing technology and best practices to the shores of India and serve global customers with a robust and resilient supply chain.

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