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Jaguar Owner Eyes Chipmaking, Plans EV Battery Factory

  • Tata Sons’ plans will ease chip crisis hobbling the sector
  • Tata Motors is looking to launch a pure electric model by 2025
N. Chandrasekaran

N. Chandrasekaran

Photographer: Dhiraj Singh/Bloomberg
Updated on

India’s Tata Group is planning a foray into semiconductor manufacturing as the coffee-to-cars conglomerate seeks to mitigate the pain from the global chip crisis as well as reduce dependence on imports.

Besides making chips, plans to manufacture batteries for electric vehicles will also be announced soon, N. Chandrasekaran, chairman of Tata Sons Pvt., the group’s main holding company, said at an event in Mumbai Friday. Chandrasekaran had spoken about evaluating partnerships for cell and battery manufacturing in India and Europe in Tata Motors Ltd.’s annual report in June.