Business News Tech AI Chips critical to India's future, but demand and management key to semiconductor push: N Chandrasekaran
Chips critical to India's future, but demand and management key to semiconductor push: N Chandrasekaran
India is well placed to strengthen its role in the global semiconductor industry due to its talent base and large domestic market, but businesses must carefully assess demand and manage investments as the sector expands, Tata Sons Chairman Natarajan Chandrasekaran said.
India is well placed to strengthen its role in the global semiconductor industry due to its talent base and large domestic market, but businesses must carefully assess demand and manage investments as the sector expands, Tata Sons Chairman Natarajan Chandrasekaran said. Speaking during a panel discussion titled 'The End of Predictability' at Bloomberg New Economy 2026, Chandrasekaran said, "Chips are the future. Chips are going to be fundamentally required for domestic institution," highlighting the growing importance of semiconductors for India's industrial and technological development. He said India had the potential to contribute to the global semiconductor industry, supported by its workforce and domestic demand. However, he cautioned that companies would need to remain mindful of market requirements and management as they make investment decisions.
"We have to be also be careful because you need to keep an eye on management. We need to also see where the demand is," he said, stressing that investment decisions should account for the needs of businesses, people and the country's future. Chandrasekaran's comments come as Tata Group advances its semiconductor manufacturing plans in India.
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