Tata Group’s semiconductor bet not tied to near-term returns: Chandra

Tata Sons Chairman N Chandrasekaran on Tuesday said the group’s investments in semiconductors should be judged by their strategic importance to India rather than the financial returns they generate over the next two to three years, as the country is seeking to build domestic chip manufacturing capabilities and become part of global supply chains.

“Whether we will get it right and meet the numbers in two years or three years, it’s not the point. The point is that chips are going to be fundamentally required for domestic consumption,” Chandrasekaran said at the 2026 Bloomberg New Economy Forum.