Tata Group Chairman, N Chandrasekaran said the company has set up a business to seize the high-tech chip manufacturing market, estimated to be worth over $1 tn. Global supply chains will change post-pandemic, Chandrasekaran said. This provides India with a chance to become a major semiconductor manufacturing hub, next to China. The entry into the electronics market is an attempt by Tata to reduce dependency on ever-changing global supply chains.

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