HomeNewsBusinessCompaniesTata Electronics, Synopsys partner to ramp up India’s first fab unit, accelerate customer product design

Tata Electronics, Synopsys partner to ramp up India’s first fab unit, accelerate customer product design

The two firms will partner on various different segments under the MoU, according to the statement.

June 25, 2024 / 18:58 IST
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In February this year, Tata Electronics had announced plans to build country’s first fab in Dholera with a total investment of Rs 91,000 crore ($11 bn).
In February this year, Tata Electronics had announced plans to build country’s first fab in Dholera with a total investment of Rs 91,000 crore ($11 bn).

Tata Electronics on June 25 announced a memorandum of understanding (MoU) with Synopsys, provider of silicon to systems design solutions, to collaborate on process technology and foundry design platform to accelerate customer products in India’s first fab unit, the company said in a regulatory filing.

The facility is being built by the Tata group company in Dholera, Gujarat, according to the filing.

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The two firms will partner on various areas under the agreement, according to the statement.

The leadership teams of both the firms held a meeting at the Tata group headquarters in Mumbai, according to the filing.