Analog Devices, Tata Group in talks to make semiconductors in India

Analog Devices (ADI) and Indian salt-to-aviation conglomerate Tata Group have signed a pact to explore making semiconductor products in India, the US chipmaker said on Wednesday.

Tata Electronics, the electronics-manufacturing arm of the 156-year-old group, is investing a total of $14 billion to build India’s first semiconductor fabrication facility in Gujarat state and a chip-assembly and testing facility in the state of Assam.