In a regulatory filing, Tata Electronics said lately that it has signed a memorandum of understanding (MoU) with Synopsys, a company that provides silicon to systems design solutions. The two companies will work together on process technology and foundry design platform to accelerate customer products in India’s first fab unit, Dholera – Gujarat.
According to the application, the Tata group firm is building the plant in Dholera, Gujarat and the two companies will collaborate on a number of projects under the agreement.
According to the filing, a meeting was held by the top teams of both companies at the Tata group headquarters in Mumbai.
Randhir Thakur, managing director & CEO, Tata Electronics said, “We have a bold vision of becoming the world leader in electronics manufacturing by offering integrated solutions across the electronics manufacturing value chain to global customers seeking a resilient supply chain. We view Synopsys as a key partner and accelerator in our journey by virtue of the expertise they bring in semiconductor design and services.”
With a total expenditure of Rs 91,000 crore ($11 billion), Tata Electronics had announced intentions to construct the nation’s first fab in Dholera in February of this year. Additionally, the business had declared that it will invest an additional Rs 27,000 crore on a greenfield plant for semiconductor chip assembly and testing in Jagiroad, Assam.
In order to serve clients worldwide, these facilities will work together to develop semiconductor chips for use in the automotive, mobile, artificial intelligence (AI), and other important sectors.
Sassine Ghazi, president & CEO of Synopsys, expressed his support and said, “For nearly 30 years, Synopsys has been researching and developing silicon to systems design solutions for customers and investing in workforce development in India. We applaud and support Tata Electronics’ vision to develop semiconductor manufacturing capacity in India, advancing supply chain resiliency for the global semiconductor industry.”
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