Tata Electronics has entered a strategic partnership with Robert Bosch GmbH to strengthen India’s growing market of semiconductors and automotive electronics. A Memorandum of Understanding (MoU) is signed to officiate the collaboration in the partnership within several key areas of the industry.
This partnership aligns with India’s broader ambition to become the global semiconductor manufacturing hub. Tata is coming up with a chip assembly and testing facility in Assam and a foundry in Gujarat. Together, both companies aim to develop solutions for the automotive sector. As the demand surges in EVs, driver assistance systems, and others, this partnership is a powerful move to fuel India’s advanced automotive industry.
“To address the growing needs and foster supply chain resilience, Bosch is pleased to foster a partnership with Tata Electronics, a key player and innovation leader in the Indian market. This move signifies Bosch‘s and Tata Electronics’ commitment to local collaboration and acknowledges the strategic importance of the burgeoning automotive sector in India.” This was highlighted by Dirk Kress, Executive Vice President of Semiconductor Operations at Robert Bosch GmbH.
“This partnership is well-aligned with our commitment to help create a holistic semiconductor and electronics ecosystem in India, with offerings that resonate with customers around the world,” expressed Dr. Randhir Thakur, CEO and MD of Tata Electronics.
