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Semiconductors

Tata to enter chipmaking in India: Chairman Natarajan Chandrasekaran

Conglomerate to invest $90bn over 5 years, also into other businesses

Tata Sons Chairman Natarajan Chandrasekaran speaks to Nikkei Asia in Tokyo on Dec. 8. (Nikkei montage/Getty Images/Mayumi Tsumita)

TOKYO -- India's Tata Group will begin producing semiconductors in the country within a few years, a move that the chairman of the group's main company said will make the South Asian country a key part of global chip supply chains.

In an interview with Nikkei Asia in Tokyo on Thursday, Tata Sons Chairman Natarajan Chandrasekaran revealed that the conglomerate plans to launch new businesses in emerging fields such as electric vehicles.

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