The Tata Group is on the verge of concluding and asserting a “huge semiconductor roadmap” in Dholera, Natarajan Chandrasekaran, chairperson of Tata Group, stated on the tenth Global Summit of Vibrant Gujarat. This improvement comes after the Group has already dedicated billions of {dollars} to electrical car manufacturing, together with lithium-ion batteries manufacturing in India.

In his handle to the gathering on the occasion, which noticed Prime Minister Narendra Modi and Gujarat Chief Minister Bhupendra Patel in attendance, Chandrasekaran stated, “The Tata Group has also made a commitment and it is on the verge of concluding and announcing a huge semiconductor roadmap in Dholera. We are about to complete these negotiations and start in 2024.”

Lithium-ion battery manufacturing facility’s development to begin this yr

Meanwhile, to assist Tata Motors’ bold electrical car plans, the group’s 20GW lithium-ion battery manufacturing manufacturing facility will begin development in March. In 2023, Tata Group dedicated Rs 13,000 crore funding and its subsidiary Agratas Energy Storage Solutions Pvt Ltd has signed a Memorandum of Understanding with the Gujarat authorities below the brand new Electronics Policy (2022-’28) on this regard.

“We have expanded the footprint with additional capacity so that we can meet the growing demand for electric vehicles. We are about to launch the building of a huge gigafactory for 20GW of lithium-ion batteries in Sanand. The project should start construction in the next couple of months,” he added.

By organising a battery manufacturing facility, Tata Group goals to assist the nation’s transition in the direction of electrical mobility and renewable vitality. The battery plant is anticipated to create direct and oblique employment alternatives for over 13,000 people.

Tata Motors’ EV arm – Tata Passenger Electric Mobility – final yr accomplished the acquisition of Ford India’s Sanand plant. The facility can produce 3,00,000 automobiles yearly, which could be scaled to 4,20,000 items over time – thereby creating ample capability to cater to future electrification wants.

Shahkar Abidi (With inputs from Ketan Thakkar and Amit Vijay M)

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