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Tata Industries
Global product engineering and digital services firm Tata Technologies Ltd is confident of having a 'breakout year' in the ongoing fiscal year riding on accelerated investment from automobile manufacturers on new products that have helped it win full development projects, according to its CEO and Managing Director Warren Harris. The company is strategically poised to take advantage of a shift taking place in the industry where OEMs are increasingly looking to outsource more development work while focussing only on the core of the DNA of their respective brands, Harris told PTI in an interview. "We are doing well because of our value proposition. The industry from a product perspective is having the catch up from a period of under-investment and we are the beneficiaries of that because we won a number of full vehicle programmes in the first quarter (of this fiscal). That is helping us," he said. Among the major deals that Tata Technologies won in the recent past, is a USD 100 million
Tata Electronics will set up a display chip manufacturing unit in Gujarat in partnership with Taiwan-based PSMC and Himax Technologies, a top official of the company said on Wednesday. Speaking at IESA Vision Summit, Tata Electronics CEO Randhir Thakur announced signing of an agreement with the Gujarat government for the plant. "Today, I am delighted to announce the signing of an MoU between Tata Electronics, PSMC and Himax to revolutionise India's display product and technology ecosystem. With PSMC's proven technology, Tata Electronics will manufacture display chips for Himax in Dholera, Gujarat," Thakur said. Display chips are widely used in products like television, mobile phone screen, camera image sensors, LEDs, OLEDs etc. Vedanta Group had also proposed to set up a display fab in Gujarat but the project has not received government approval yet. With its foray in display manufacturing, Tata Electronics will have presence in all top three semiconductor manufacturing ...
Tata Group's semiconductor plant in Assam will produce 4.83 crore chips per day using indigenously-developed technologies, Union minister Ashwini Vaishnaw said on Saturday. Assam Chief Minister Himanta Biswa Sarma and Chairman of Tata Sons Limited N Chandrasekaran on Saturday performed the Bhumi pujan of the Rs 27,000-crore semiconductor assembly and test facility at Jagiroad in Morigaon district. The project was approved by the Union Cabinet chaired by Prime Minister Narendra Modi on February 29, 2024. "The construction of the plant has started in short span of five months after the project was approved. It will manufacture about 4.83 crore chips per day. The unique thing about this plant is that all the three major technologies which will be deployed in this plant are developed in India," Vaishnaw said. The minister said that the chips manufactured at the Tata plant will be used in vehicles including electric vehicles, and practically every large company will be using their ...