Tata Electronics to sign 16 pacts at SEMICON India, says CEO Thakur

Tata Electronics will be signing 16 agreements at the SEMICON India conference with players across Europe, Japan, Singapore, and India, CEO Randhir Thakur said on Thursday

Tata Electronics will be signing 16 agreements at the SEMICON India conference with players across Europe, Japan, Singapore, and India, CEO Randhir Thakur said on Thursday, adding that the company's 'fab' in Dholera, Gujarat and the packaging facility in Assam are "on track" to meet scheduled commitments made to the government.

Terming chips and semiconductors as an industry of the future, Thakur said India is ready to write the next chapter of the semiconductor story.

"Five years ago, India Semiconductor Mission was formed. Today, there are 12 factories which are under different stages of completion, and we are already exporting Made in India chips to customers globally," he said, outlining India's growing prowess in the global chip-making ecosystem.

The government is "in perfect sync with the semiconductor industry", bringing conducive policies that are building the foundational layer of a vibrant ecosystem and removing the barriers, he said, addressing the inaugural session of SEMICON India 2026.

"This is Bharat's velocity of electronics innovation. In just 12 years, India's electronics industry has grown from Rs 2 lakh crore in 2014 to over Rs 13 lakh crore in 2026," he said.