8INDIAREVIEWDECEMBER, 2025TATA TAPS INTEL AS FIRST CUSTOMER FOR $14BN CHIP VENTURETata Electronics has secured Intel as the first prospective customer for its upcoming semiconductor facilities, marking a significant milestone in India's ambitions to become a global hub for chip manufacturing.The Tata chip foray has gained momentum with the Intel Tata deal, marking a significant milestone in Tata semiconductor investment, as the company embarks on its $14 billion chip venture to boost chip manufacturing in India, while attracting top semiconductor customers like Intel, a key part of the growing Tata Intel partnership in the latest India semiconductor news.This strategic partnership underscores the growing confidence of major tech companies like Intel in India's manufacturing capabilities.Tata Electronics' commitment of $14 billion towards establishing a semiconductor manufacturing base in India and establishing these facilities along with ONGC have played a large role in cementing India's place within the global semiconductor market as a viable alternative for Taiwanese companies; thus realizing the vision of the Prime Minister.Urged forward by government support, India has continued to make progress toward establishing a semiconductor manufacturing capability despite its early difficulties. The partnership between Tata and Intel is viewed as an important step toward enabling India to become one of the global sources of semiconductors.Aside from the emphasis on manufacturing, Tata Electronics and Intel will work together to explore opportunities to build upon their existing collaboration in order to create an ecosystem of products and services leveraging artificial intelligence for both consumer and enterprise marketplaces in India.This is aligned with a larger strategy that aims to take advantage of the rapid growth of technology in India, which by 2030 is expected to be one of the five largest technology markets in the world.Through these opportunities, Tata Electronics and Intel will at the same time develop India as a resource for semiconductors and establish it as a player on a global scale in the technology sector. IMRJSW Infrastructure Ltd announced recently that it has entered into a share purchase agreement with JSW Shipping & Logistics Pvt Ltd to acquire three rail logistics companies for 1,212 crore in enterprise value, through its subsidiary JSW Port Logistics Pvt Ltd.Included in this agreement are the following three rail logistics businesses such as JSW Rail Infra Logistics, JSW Minerals Rail Logistics and JSW (South) Rail Logistics. These acquisitions are subject to both shareholder and regulatory approval prior to closing.Following completion of the transaction, these companies will be considered step-down subsidiaries of JSW Infrastruc-ture and will be eligible for participation in the Indian Railways General Purpose Wagon Investment Scheme (GPWIS) and the Liberalised Special Freight Train Operator (LSFTO) Program. As of November 30th, these companies have a total of 21 active rakes and have ordered an additional four rakes currently in transit.Rake operators generate their revenues from rebates from Indian Railways and the premiums charged for market access. The fact that the new owners will receive a moratorium until February 2027 on the issuance of new GPWIS Licenses (thereby restricting new entrants) is an apparent benefit of this acquisition.Further, the acquired businesses also operate in conjunction with leading clients, such as JSW Steel and Bhushan Power & Steel, under long-term transport agreements and project an annualized EBITDA of 150 Crores by FY27.Acquisition of these businesses supports JSW Infrastructure's ambition to build a comprehensive multimodal Logistics Platform. Following the acquisition of Navkar Corporation in October 2024, the company intends to increase its rake fleet from 25 rakes to 45 by FY27 and 110 Rakes by FY30 to take advantage of anticipated growth in national Freight Volume. IMRTOP STORIESJSW INFRA TO ACQUIRE GROUP'S RAIL LOGISTICS UNITS FOR 1,212 CR
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