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How one Indian Industrial Conglomerate is giving China one jolt after another

Akshay Narang by Akshay Narang
January 12, 2022
in India China Latest News
Reading Time: 4 mins read
3
Indian, India, Conglomerate, China, TATA, Semiconductors, EV
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You must have heard of the Sino-India rivalry. Indian Army troops have repeatedly taken on the Chinese Peopleโ€™s Liberation and have successfully shown the Chinese their place. But the battle is now going beyond the borders and armies. It is reaching into the corporate offices of the two countries and one Indian industrial conglomerate- Tata Group is giving some serious body blows to the Chinese.

Over the recent past, the Tata Group has given three big blows to the Chinese-ย 

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  1. Tata has replaced Chinaโ€™s Vivo as the title sponsor of the Indian Premier League (IPL) – a cash-rich cricket league in India.ย 
  2. Tata is entering the Electric Vehicle (EV) business and is about to imperil many Chinese EV businesses.ย 
  3. And the most important one- Tata is getting involved with the island nation of Taiwan in the semiconductor business and is giving heartburn to Beijing.ย 

What makes Tata big for India?

Tata Group is easily Indiaโ€™s most iconic business brand. Just to give an example- it has more employees than Toyota, Coke, Facebook, Microsoft & Google combined. And these are the big companies that I am talking about.ย 

It operates in over 100 countries and Indians simply love Tata. And they have every reason to. Tata has been a part of Indiaโ€™s glorious growth story. Tata Consultancy Services (TCS) is the biggest private employer in India with over 500,000 employees in the country, and this is one of the many business arms of the Tata Empire that I am talking about. Till 2021, TCS has beenย recognisedย as a global top employer six consecutive times.ย 

Tata Group hasย grownย into one of the biggest business conglomerates with 29 publicly-listed Tata enterprises having a combined market capitalisation of $242 billion.ย 

Tata Group is taking on China

In India, you will find many internet quotes, social media posts and videos showering praise on Ratan Tata, a former chairman of Tata Sons. For Indians, Tata is a sentiment being an over 100 years old brand.ย 

And now, Tata Group is only improving its reputation further by taking on the Chinese. As per the latest reports, the Tata Group willย replaceย Chinese mobile maker Vivo as the Indian Premier Leagueโ€™s (IPL) title sponsor from this year.

Amidst growing animosity between India and China, there was already a growing demand that the Chinese company should be replaced as the cash-rich cricket leagueโ€™s sponsor.ย 

But the point is that Indians had a problem with a Chinese brand getting involved in the IPL. And now Tata Group has resolved their grievances.ย 

Tataโ€™s Taiwan stint

Tata has kept pace with time and is now looking to invest close to $300 million in an outsourced semiconductor assembly and test (OSAT) plant. An OSAT plant sources silicon wafers from semiconductor foundries, packages, assembles and tests them, finally turning them intoย finishedย semiconductor chips.ย 

And where do you go for semiconductor chips- yes, you got it right, Taiwan. Tata Group is reportedly discussing its semiconductor chip business plans with some international majors including those from Taiwan. This is complementing India’s efforts of trying to rope in Taiwanese manufacturers Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics Corporation (UMC) for chip-making in India.

Tata wants a possible tie-up and makes an impressive foray into the semiconductor chip business amidst the ongoing global chip wars. In doing so, the industrial conglomerate is showing scant regard for China and is openly engaging with Taiwanese semiconductor giants.

Tata Motors- becoming an EV hegemon

Tata Motorsย is aย popularย brand in India and is an undisputed leader in the heavy automobiles sector. It is also making aย comebackย of sorts in the passenger vehicles segment and has recently become theย second-largestย carmaker in the country.ย 

But it is the Tata EVs that seem exciting. Tata Motors isย sellingย EVs at a breakneck speed in the country. In November 2021, it sold 1,751 EV units which were four times more than November 2020.ย 

One thing is clear- Tata will lead Indiaโ€™s EV revolution. This is bad news for Chinese EV makers likeย BYDย which was planning to launch EV passenger vehicles in India and get a big share in the countryโ€™s emerging EV market.ย 

The ongoing battle between India and China is therefore no longer characterised by two militaries, diplomatic establishments and governments wrestling with each other. The corporate sector too has joined with an Indian conglomerate giving severe jolts to China.ย 

Tags: CCPChinaGoogleIndiaIPLMetaRatan TataShort takesTATAVivoXi Jinping
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Comments 3

  1. Avatar JM CH says:
    4 months ago

    Largest automakers by market capitalization
    companies: 47 total market cap: $2.872 T
    Price (30 days)

    Tesla
    1) TSLA
    $1.102 T
    $1,097
    3.11%
    ๐Ÿ‡บ๐Ÿ‡ธ
    Toyota logo
    Toyota
    2) TM
    $286.34 B
    $206.65
    2.35%
    ๐Ÿ‡ฏ๐Ÿ‡ต
    Volkswagen logo
    Volkswagen
    3) VOW3.DE
    $135.95 B
    $214.01
    -0.03%
    ๐Ÿ‡ฉ๐Ÿ‡ช
    BYD logo
    BYD
    4) 002594.SZ
    $117.09 B
    $40.22
    7.07%
    ๐Ÿ‡จ๐Ÿ‡ณ
    Ford logo
    Ford
    5) F
    $96.54 B
    $24.16
    -0.78%
    ๐Ÿ‡บ๐Ÿ‡ธ
    Daimler logo
    Daimler
    6) DAI.DE
    $89.26 B
    $83.44
    1.21%
    ๐Ÿ‡ฉ๐Ÿ‡ช
    General Motors logo
    General Motors
    7) GM
    $88.09 B
    $60.68
    -1.27%
    ๐Ÿ‡บ๐Ÿ‡ธ
    Rivian logo
    Rivian
    8) RIVN
    $75.46 B
    $85.42
    2.24%
    ๐Ÿ‡บ๐Ÿ‡ธ
    Lucid Motors logo
    Lucid Motors
    9) LCID
    $74.03 B
    $44.97
    -1.10%
    ๐Ÿ‡บ๐Ÿ‡ธ
    BMW logo
    BMW
    10) BMW.DE
    $72.02 B
    $110.75
    -0.58%
    ๐Ÿ‡ฉ๐Ÿ‡ช
    Stellantis logo
    Stellantis
    11) STLA
    $65.94 B
    $21.05
    1.94%
    ๐Ÿ‡ณ๐Ÿ‡ฑ
    Great Wall Motors
    logo
    Great Wall Motors
    12) 601633.SS
    $55.48 B
    $7.39
    6.67%
    ๐Ÿ‡จ๐Ÿ‡ณ
    Honda logo
    Honda
    13) HMC
    $52.42 B
    $30.58
    0.78%
    ๐Ÿ‡ฏ๐Ÿ‡ต
    NIO logo
    NIO
    14) NIO
    $49.86 B
    $31.35
    4.43%
    ๐Ÿ‡จ๐Ÿ‡ณ
    Ferrari logo
    Ferrari
    15) RACE
    $47.67 B
    $259.32
    1.96%
    ๐Ÿ‡ฎ๐Ÿ‡น
    XPeng logo
    XPeng
    16) XPEV
    $40.90 B
    $47.76
    4.37%
    ๐Ÿ‡จ๐Ÿ‡ณ
    Hyundai logo
    Hyundai
    17) HYMTF
    $40.87 B
    $42.21
    1.47%
    ๐Ÿ‡ฐ๐Ÿ‡ท
    SAIC Motor
    logo
    SAIC Motor
    18) 600104.SS
    $37.39 B
    $3.20
    0.30%
    ๐Ÿ‡จ๐Ÿ‡ณ
    Li Auto logo
    Li Auto
    19) LI
    $33.91 B
    $30.69
    2.95%
    ๐Ÿ‡จ๐Ÿ‡ณ
    Maruti Suzuki India
    logo
    Maruti Suzuki India*
    20) MARUTI.NS
    $33.36 B
    $110.45
    0.33%
    ๐Ÿ‡ฎ๐Ÿ‡ณ
    Kia logo
    Kia
    21) 000270.KS
    $28.65 B
    $71.39
    1.19%
    ๐Ÿ‡ฐ๐Ÿ‡ท
    Volvo Car logo
    Volvo Car
    22) VOLCAR-B.ST
    $28.32 B
    $9.51
    2.34%
    ๐Ÿ‡ธ๐Ÿ‡ช
    Tata Motors logo
    Tata Motors**
    23) TTM
    $26.21 B
    $34.23
    0.29%
    ๐Ÿ‡ฎ๐Ÿ‡ณ
    Geely logo
    Geely***
    24) 0175.HK
    $25.70 B
    $2.57
    5.82%

    NB: So where do Tata Motors** stand? At #23 just above one of the Chinese motor companies Geely***. But below another Indian motor company – Murati Suzuki! And of cos even below several other Chinese auto companies!!

    Reply
  2. Avatar JM CH says:
    4 months ago

    As for the semi conductor manufacturing plan which Tata together with the Indian government were keen to set up with Taiwanese company TSMC and later UMC through a collaboration with Indian Space Research Organisation outfit Semi-Conductor Laboratory (SCL), the discussions did not make much headway because the incentives being offered were low. Besides, India could not offer a free trade agreement, which was one of the bargaining chips put forth by the Taiwanese side. And don’t forget, the shortage of raw materials in India.

    Conclusion: In short, the semi conductor manufacturing plant is not even started yet. And here you are not only bragging about the set up but counting the chicken before they are even hatched for Tata group. Why? Did they pay you to tell stories aka lies?

    Reply
    • Avatar Akma says:
      4 months ago

      This channel name is the frustrated indian. It’s not official news channel in india. Just a personal private channel to vent their frustration seeing how China is out performing india in everything

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