Tata, Analog Devices in alliance to explore opportunities for semiconductor manufacturing

Tata group and Nasdaq-listed semiconductor major Analog Devices, Inc. have formed a strategic alliance to explore opportunities such as semiconductor manufacturing in India.

Tata Electronics, Tata Motors, and Tejas Networks signed a memorandum of understanding (MoU) with ADI to enhance strategic and business cooperation, explore opportunities for semiconductor manufacturing in India, and use ADI’s products in Tata applications like electric vehicles and network infrastructure, the companies said in a joint statement Wednesday.