Chips critical to India's future, but demand and management key to semiconductor push: N Chandrasekaran
India is well placed to strengthen its role in the global semiconductor industry due to its talent base and large domestic market, but businesses must carefully assess demand and manage investments as the sector expands, Tata Sons Chairman Natarajan Chandrasekaran said.
Tata Sons Chairman Natarajan Chandrasekaran emphasized the critical role of semiconductors in India's future during a Bloomberg New Economy 2026 panel discussion. While acknowledging India's talent pool and large domestic market, Chandrasekaran stressed that businesses must carefully assess demand and manage investments as the sector grows.
He highlighted that chips are essential for domestic institutions and the country's industrial and technological advancement. However, he cautioned that companies must remain vigilant about market requirements and management when making investment decisions, ensuring they consider the needs of businesses, people, and the nation's future.
This caution comes as part of Tata Group's semiconductor manufacturing plans in India, including the establishment of a fabrication facility in Gujarat, supported by ASML, and an assembly and testing facility in Assam, expected to produce up to 48 million chips daily. These projects are crucial steps toward building India's semiconductor manufacturing capabilities, spanning chip fabrication and assembly and testing.
Chandrasekaran also addressed the broader impacts of technological change, including the potential misuse of advanced technologies and the need to restructure labor markets in the short term, while cautioning about ongoing geopolitical conflicts.
Written by urgent.news from Economic Times Tech's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
