Tata Group has teamed up with the US-based chip maker Intel to manufacture and assemble semiconductors in India for the local market, the Indian conglomerate said on Monday, PTI reported. Under the agreement, the two companies intend to explore the opportunity to rapidly scale tailored AI PC solutions for consumer and enterprise markets in India, which is projected to be one of the top five markets globally by 2030.

"Intel and Tata intend to explore manufacturing and packaging of Intel products for local markets at Tata Electronics' upcoming Fab and OSAT (Outsourced Semiconductor Assembly and Test) facilities, as well as a collaboration for advanced packaging in India," the Tata Group statement said.

Tata Group's chip manufacturing plant in India

Tata Group is setting up a chip manufact

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