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

New Delhi [India], September 27: 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.