Tata Semiconductor raises $735 million for chip fab, pledges Dholera land
Tata Semiconductor has raised the amount from five foreign banks for its Gujarat fab unit, with lenders imposing what executives call “unconventional” terms on ownership, branding and equity, highlighting reliance on Tata’s credit profile as India pushes to build its chip ecosystem.
Tata Semiconductor has raised the amount from five foreign banks for its Gujarat fab unit, with lenders imposing what executives call “unconventional” terms on ownership, branding and equity, highlighting reliance on Tata’s credit profile as India pushes to build its chip ecosystem.
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