Tata’s Rs 40,000 crore first move to disrupt $43.36 billion global market revealed - News Summed Up

Tata’s Rs 40,000 crore first move to disrupt $43.36 billion global market revealed


The Tata Group is reportedly awaiting a final nod by the Centre after fruitful discussions with the Assam government over the Rs 40,000 crore OSAT plant. The Tata Group is reportedly awaiting a final nod by the Centre after fruitful discussions with the Assam government. With go ahead expected soon, Tata Group will mark its entry into the $43.36 billion global OSAT market with the semiconductor assembly and packaging plant. The OSAT or Outsourced Semiconductor Assembly and Test plant will be set up by Tata Electronics Private Limited (TEPL), a greenfield Tata Group venture. Earlier in September this year, Tata Projects announced a collaboration with Micron Technology to construct its semiconductor plant in Gujarat's Sanand.


Source: dna December 11, 2023 04:24 UTC



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