Tata Electronics and ASMPT Partner to Strengthen India's Semiconductor Supply Chain

In a major move to bolster India's rapidly expanding semiconductor industry, Tata Electronics Private Limited has announced a strategic partnership with ASMPT Singapore. This collaboration aims to establish robust infrastructure and provide advanced solutions for semiconductor assembly and testing facilities in India.

• The partnership signifies a significant step in India's ambition to become a global electronics hub.
• The memorandum of understanding (MoU) signed between the two companies outlines a comprehensive collaboration encompassing workforce training, service engineering, automation and spare support, research and development in semiconductor packaging, and sustainability.

Tata Electronics' Vision for India's Semiconductor Future

Dr. Randhir Thakur, managing director & CEO of Tata Electronics, highlighted the company's ambitious vision for India's role in the global semiconductor industry.

• Tata Electronics aims to establish India as a leading electronics manufacturing hub by offering integrated solutions across the electronics manufacturing value chain to global customers seeking a resilient supply chain.
• The partnership with ASMPT emphasizes the development of essential training programs and advanced research and development, further nurturing a vibrant ecosystem within India.

Tata Electronics' Expanding Presence in the Semiconductor Space

The timing of this partnership is noteworthy as Tata Electronics is aggressively expanding its footprint in the semiconductor space.

• Recently, India's Prime Minister Narendra Modi laid the foundation stones for Tata Electronics' two new facilities: one in Dholera, Gujarat, and the other in Jagiroad, Assam.
• These state-of-the-art semiconductor fabs and assembly plants, developed with an investment of INR 1,18,000 crore, are expected to create nearly 50,000 direct and indirect jobs, significantly contributing to India's economy and technological prowess.

ASMPT's Role in Supporting India's Semiconductor Growth

Robin Ng, group CEO of ASMPT, expressed enthusiasm about the collaboration and its potential to drive significant progress in the semiconductor industry.

• ASMPT is excited to partner with Tata Electronics to realize their vision of establishing a global electronics supply chain in India.
• By leveraging their combined expertise and resources, ASMPT and Tata Electronics are well-positioned to drive technological innovation and cultivate the talent required for sustained future growth in India's semiconductor sector.

India's Rise as a Key Player in the Global Semiconductor Industry

This partnership is a part of a larger initiative to position India as a pivotal player in the global semiconductor industry, a sector currently dominated by a few countries.

• With supply chain disruptions, the world is increasingly seeking resilient alternatives, and India is poised to fill this gap.
• This strategic collaboration between Tata Electronics and ASMPT represents a significant step toward realizing India's ambition of becoming a global leader in semiconductor manufacturing and electronics production.