India well placed to develop its semiconductor manufacturing capabilities: N Chandrasekaran

While highlighting that semiconductors will be fundamental to Indias future Tata Sons Chairman N Chandrasekaran on Tuesday said India is well placed to develop its semiconductor manufacturing capabilities due to its talent pool large domestic market and potential international partnerships according to news agency PTIHe added that the Tata Groups priority is to position itself in an industry that is fundamentally required to meet domestic consumption needsGlobal partners important We are in a beautiful spot in India because we have the talent we have the domestic market we can play a part in every global supply chain he said at the 2026 Bloomberg New Economy ForumHe further said India would need to collaborate with global players to access the necessary technologies while closely monitoring energy requirementsWe need partnerships because we have all the technologies But if you design it definitely we will get there But you also have to be careful because you need to keep an eye on energy he saidTatas semiconductor pushTata Group firm Tata Electronics is setting up a semiconductor fabrication plant at Dholera in Gujarat in partnership with Taiwans Powerchip Semiconductor Manufacturing Corporation PSMC at an investment outlay of around Rs 91000 croreThe proposed plant will manufacture chips for sectors such as automobiles mobile devices consumer electronics artificial intelligence and other industrial segmentsBesides Tata Group is also developing a semiconductor assembly and test facility in Assam The investment for this facility is around Rs 27000 croreThe semiconductor push is part of Tata Groups broader strategy to expand its presence in advanced manufacturing electronics and battery technologies according to PTIThe manufacturing projects seek to cater the growing domestic demand strengthening the countrys semiconductor supply chain and integrating India more closely with the global electronics manufacturing ecosystemThe Tata Sons Chairman said these investments reflect the groups conviction that semiconductor capabilities would be essential in the long run despite uncertainty around the pace of execution and the choice of technologiesMarket demand and financial viability importantChandrasekaran however cautioned against pursuing the most advanced chipmanufacturing technologies without adequately assessing market demand and economic feasibilityYou cannot be reckless and say that I am going to be putting a 2 nanometre chip plant Its just not going to work So we need to also see where the demand is he saidHe stressed that investments should be commercially viable and capable of generating sustainable employment over the long termAnd the financially viable thing you have got to see the sun cross the river he saidChandrasekaran said businesses could not expect predictability given the uncertainties in the global business environmentBut a lot of things are certain Energy is certain the game is certain the ability to execute is certain And the only thing is how much you ramp up how fast you ramp up which technology you go to he saidWith inputs from PTI