Japanese chip maker Renesas Electronics broadens tie-up with Tata group

Renesas Electronics Corp, a global leader in advanced semiconductor solutions, has forged a strategic partnership with Tata Group companies such as Tata Motors and Tejas Networks for the design, development and manufacture of Renesas’ semiconductor solutions. The products are designed to enhance innovation across electronics systems for the Indian and emerging markets.

Renesas would also set up an innovation centre with Tata Consultancy Services (TCS) for comprehensive systems solutions catering to a range of industries, the Tokyo-based company said in a statement on Wednesday.

In December 2021, the cabinet cleared an incentive package of $10 billion to create a complete semiconductor ecosystem — fabs, home-grown chip design, outsourced semiconductor and testing (OSAT) facilities and compound semiconductor plants.