2021 Biggest Update! 2 Biggest Make In India Investment | Semiconductor Manufacturing Sunrise| MII

2021 Biggest Update! 2 Biggest Make In India Investment | Semiconductor Manufacturing Sunrise| MII
LINK- https://telecom.economictimes.indiatimes.com/news/after-5g-equipment-tata-group-looking-to-enter-semiconductor-manufacturing/85175421
https://telecom.economictimes.indiatimes.com/news/tata-group-firm-nelco-likely-to-ink-pact-with-telesat-for-satellite-broadband/85198330
Tatas sense a shift, gear up to enter chipset manufacturing
Tata's move comes on the back of the group's entry into the 5G telecom equipment manufacturing space by acquiring a majority stake in Tejas Networks, which will pit it against the likes of global gear makers such as Ericsson, Nokia, Huawei and Samsung.
The Tata Group is set to enter semiconductor manufacturing, aiming for a slice of the high-tech electronics manufacturing market pegged at $1 trillion, its chairman said.

"At the Tata Group, we have already pivoted into a number of new businesses like electronics manufacturing, 5G network equipment as well as semiconductors, in all probability," N Chandrasekaran said at an industry event on Monday.

Tata's move comes on the back of the group's entry into the 5G telecom equipment manufacturing space by acquiring a majority stake in Tejas Networks, which will pit it against the likes of global gear makers such as Ericsson, Nokia, Huawei and Samsung.
Tata Group firm Nelco likely to ink pact with Telesat for satellite broadband
Telesat is the fourth global (LEO) satellite operator after OneWeb, SpaceX and Amazon that is keen to enter India’s satellite services segment. It proposes to offer satellite broadband services on the 28 GHz band, popularly known as the Ka-band globally.
Tata group company Nelco is in advanced talks with Canadian firm Telesat to ink a commercial pact for launching fast satellite broadband services in India under the latter’s Lightspeed brand, a move which will pit the combine against Bharti Enterprises-backed OneWeb, Elon Musk’s SpaceX and Amazon.

“Nelco and Telesat will have a master services agreement (MSA) to provide Lightspeed LEO (low-earth orbit) satellite services in India… we are in the process of finalising details of the commercial arrangements,” Nelco’s managing director PJ Nath told ET.

He said, though, that Nelco has “no plans” to float a separate joint venture company with Telesat.
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Telesat is the fourth global (LEO) satellite operator after OneWeb, SpaceX and Amazon that is keen to enter India’s satellite services segment. It proposes to offer satellite broadband services on the 28 GHz band, popularly known as the Ka-band globally.

The Tata-Telesat foray into the relatively nascent fast broadband-from-space segment comes as experts see India as a key satellite internet market with almost a $1 billion annual revenue opportunity. This is the case since almost 75% of rural India does not have access to broadband, as many locations are without cellular or fibre connectivity. As a result, LEO satellite systems are being seen as a viable alternative, though it is costly at present.

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