Connect with us

Company News

Tata Electronics inks deal with Tesla to supply chips worldwide

Tesla has signed a strategic agreement with Tata Electronics to procure semiconductor chips for its worldwide operations. Executed discreetly a few months ago, the deal is significant as it positions Tata Electronics as a reliable supplier for top-tier global clients seeking to establish a pivotal segment of their semiconductor value chain within India.

Why it’s important: Tesla is keen to enter India’s electric cars market. The deal with Tata shows Tesla is also interested in building a supply chain in the country that goes beyond local revenue generation. Money Control

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Copyright © 2024 Communications Today

error: Content is protected !!