Tata Electronics, ASMPT Partner for India Semiconductor Growth
September 10, 2024 | PRNewswireEstimated reading time: 1 minute
In a significant step towards accelerating its readiness for its semiconductor assembly and test facilities in Vemagal, Karnataka and Jagiroad, Assam, Tata Electronics signs a Memorandum of Understanding (MOU) with ASMPT Singapore to collaborate on establishing semiconductor assembly equipment infrastructure and solutions.
Through this partnership, Tata Electronics (a wholly owned subsidiary of Tata Sons Pvt. Ltd.) and ASMPT, a leading global supplier of hardware and software solutions for the manufacture of semiconductors and electronics, will collaborate with Tata Electronics for workforce training, advancing service engineering infrastructure, automation, spare supports and boosting R&D initiatives in the area of wirebond, flip chip, advanced packaging and, integrated system packaging. This partnership shall also focus on energy and material efficiency to promote sustainable growth and strengthen the semiconductor supply chain ecosystem.
Dr. Randhir Thakur, Managing Director & CEO, Tata Electronics, said, "We have a bold vision to establish India as a leading electronics manufacturing hub by offering integrated solutions across the electronics manufacturing value chain to global customers seeking a resilient supply chain. This partnership will emphasize the development of essential training programs and advanced research and development, while also nurturing a vibrant ecosystem within the country."
Mr. Robin Ng, Group CEO, ASMPT added, "We are excited to partner with Tata Electronics to realize their vision of establishing a global electronics supply chain in India. By leveraging our collective expertise and resources, we are well-positioned to drive significant progress in the semiconductor industry. This collaboration will not only propel technological innovation but also cultivate the talent required for sustained future growth."
Recently, the Hon'ble Prime Minister Narendra Modi laid the foundation stones for two Tata Electronics facilities, including a state-of-the-art semiconductor fab in Dholera, Gujarat, and a Semiconductor Assembly and Test (OSAT) Facility in Jagiroad, Assam. With an investment outlay of INR 1,18,000 crores, Tata Electronics is set to generate nearly 50,000 direct and indirect jobs. This vision was ignited by our Chairman, Mr. N Chandrasekaran, whose foresight, dedication, and passion have not only fostered a business but have also paved the way for community transformation.
ASMPT's continuous investment in R&D also helps provide cost-effective, industry-shaping solutions that achieve higher productivity, greater reliability, and enhanced quality. These help to address critical requirements and to shape a bright & sustainable future for customers, employees, investors, partners and society.
Suggested Items
Altium Acquires Part Analytics
01/22/2025 | AltiumAltium, a global leader in electronics design systems, announced that it has completed the acquisition of Milwaukee-based Part Analytics
Betamek Achieves Top Level 5 in MaRii’s Supplier Competitiveness Assessment
01/21/2025 | BetamekBetamek Berhad, an original design manufacturer (ODM) and a leading player in electronics manufacturing services (EMS) for the automotive industry, proudly announces that its wholly-owned subsidiary, Betamek Electronics (M) Sdn. Bhd. (Betamek Electronics), has achieved Level 5.
Altus Break Records for Suppliers in 2025
01/20/2025 | Altus GroupAltus Group, a leading distributor of capital equipment for electronics manufacturing, is pleased to announce record-breaking sales achievements for multiple supply partners in 2024.
PCB Market Expanding at 3.62% CAGR, To Reach $100 Billion by 2032
01/17/2025 | EINPresswire.comThe global Printed Circuit Board (PCB) Market was valued at US$72.63 billion in 2023 and is projected to exhibit steady growth over the coming years.
See You in Vienna: Speaker Spotlight on PEDC
01/16/2025 | I-Connect007 Editorial TeamVienna, Austria, is known for its amazing architecture, art museums, and classical music scene. But from now on, Vienna might also be known for its PCB design conference. IPC and FED have partnered to create a new PCB design conference in there. The Pan-European Electronics Design Conference (PEDC) takes place Jan. 29-30, 2025 at the NH Danube City hotel in Vienna.