Tata Group chairman Natarajan Chandrasekaran announced at the Vibrant Gujarat Global Summit on Wednesday that Tata is close to finalizing plans to build a new semiconductor fabrication plant in Gujarat's Dholera region this year. The plant construction will start in 2024 as part of Tata's negotiations with the state government....
India’s Tata Group Scouting for Land to Assemble Semiconductor Chips
Mumbai-based Tata Group is currently looking for land to establish a semiconductor chip assembly, testing, monitoring, and packing (ATMP) unit as part of its initial steps toward a local manufacturing ecosystem. The company has formed a team of 200-250 individuals to work on the project. Company executives are exploring suitable...
India’s Tata Group to Manufacture iPhones
The Mumbai-headquartered Tata Group is set to start assembling Apple iPhones in India after Taiwan-based Wistron Corp approved the sale of its Indian manufacturing unit to the Group. The Wistron board approved the sale of Wistron InfoComm Manufacturing India Private Limited to Tata Electronics Private Limited for an estimated $125...
Air India Adds More Services on Three U.S. Routes
Air India, part of India's Mumbai-based Tata Group conglomerate, has 50 weekly India-U.S. departing flights this coming from this winter, up from 33 in winter 2019 and 39 last winter. Its 50 weekly services to the U.S. are broken down as follows: Delhi-San Francisco: now 11 weekly Delhi-Chicago: daily Delhi-New...
Air India Orders Aircraft Worth $85 Billion
India's Tata Group privatized Air India which was India’s national airline for close to a century. On February 14, executives in the company announced the single-largest airplane purchase ever -- 220 jets from Boeing and 250 from Airbus. Although the price was not made public, industry experts estimate the cost...
Boeing Sees India as Key Customer
Ever since India's Tata Group acquired the former, state-run Air India, in January of this year, the company is overhauling its fleet. Air India is considering adding 150 737 Max jets and about 50 Airbus wide-bodies to its fleet. "With uncertainty around China, the Indian market is increasingly important to...