Tata group is looking to enter semiconductor manufacturing: Chandrasekaran

Tata group chairman's remarks come at a time when automobile makers across the world are facing a severe shortage of semiconductors, hitting their businesses

The Tata group is looking to make a foray into semiconductor manufacturing and it has set up a business to seize the opportunity, Chairman N Chandrasekaran said on Monday.

“At the Tata group, we have already pivoted into a number of new businesses like electronics manufacturing, 5G network equipment as well as semiconductors, in all probability,” he said while speaking at the annual general meeting of the IMC Chamber of Commerce and Industry.

Chandrasekaran said global supply chains, currently heavily dependent on China, would see a big change in a post-pandemic world with businesses shifting their reliance to other countries.

“On rebalancing supply