After 5G equipment, Tata Group looking to enter semiconductor manufacturing

Tata Group is looking to make a foray into semiconductor manufacturing, Chairman N Chandrasekaran said on Monday.

Pegging the market opportunity of high-tech manufacturing of electronics at USD 1 trillion, Chandrasekaran said Tata Group has already set up a business to seize the opportunity.

His remarks come days after the USD 100-billion group announced entry into 5G equipment manufacturing and a string of acquisitions to create the Tata Digital business.

Semiconductor manufacturing, which involves building chipsets among other things, requires high investments and India does not have any such facility yet.