Tata Plans Big Growth in Chips, EVs, and Digital Tech

Tata Sons Chairman N. Chandrasekaran said the company aims to grow strongly in semiconductors, electric vehicles (EVs), digital platforms, and financial services.

In Tata’s 2025 annual report, he shared that Tata Electronics, which earns Rs 66,000 crore each year, is building a full ecosystem for technology hardware and semiconductor manufacturing. The group has started its semiconductor work with 28nm chips and plans to move to more advanced chipmaking soon.

Chandrasekaran said Tata will prepare India for the GenAI (Generative AI) era by working with TCS, startups, and other partners. They will build data centres, train employees in AI tools, and create strong partnerships to deliver AI solutions that transform businesses.

Tata Capital, the group’s financial services arm, will launch its Initial Public Offering (IPO) in the next six to eight weeks.

In the EV space, Tata’s battery company Agratas is building 60 GWh of battery capacity in India and the UK, supported by R&D centres in Bengaluru and Oxford. Chandrasekaran said battery and renewable energy projects must have steady buyers to ensure good financial returns.

On Corporate Social Responsibility (CSR), Tata’s new goals include reducing landfill waste, protecting biodiversity, and replenishing fresh water.

He added that Tata Electronics now employs over 65,000 people, around 70% of whom are women.

Tata Power has also grown strongly, quadrupling its renewable energy capacity over the past eight years. It now leads India in rooftop solar and EV charging with 6,700 charging stations nationwide.

Over the last five years, Tata Group’s total revenue has increased by 1.9 times, while its net profits have grown by 3.6 times. Its leverage ratio has fallen to 0.7 times, showing stronger financial health.

Chandrasekaran said Tata’s focus on semiconductors, EVs, digital tech, and finance will build a stronger future for the group and support India’s growth in key industries.