Tata Sons may select Singapore as a partner for its semiconductor ventures, according to Singapore’s Minister for Home Affairs and Law K. Shanmugam. Following a meeting with Tata Sons Chairman N. Chandrasekaran in Mumbai, the Minister noted Singapore’s significant role in global semiconductor equipment production, holding a 20% market share and hosting 25 foundries.

The Tata Group is investing ₹91,000 crore ($11 billion) in a semiconductor facility in Gujarat and ₹27,000 crore ($3.3 billion) in Assam, in partnership with Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC).

Singapore’s High Commissioner Simon Wong Wie Kuen indicated interest from the Port of Singapore Authority (PSA) in investing in Maharashtra’s proposed greenfield Wadhavan port.

The delegation also discussed regional comprehensive economic partnership (RCEP) dynamics, the future of cross-border payments, and strategic collaborations in energy and security.

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