Tejas Networks – Product based IT business in a favored sector?

Last year, Japanese semi-conductor manufacturer Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, entered into a strategic partnership with two Tata group companies – TataMotors Ltd (TML) and Tejas Networks Ltd (Tejas). This strategic partnership is focussed on developing semiconductor solutions for technologies across automotive, IoT and 5G Systems.

TJNW has been raising concerns regarding the availability of chips in their supply chain disruption. Was not aware of this strategic-partnership. If, and it is a BIG-IF, all this fabrication stuff does come through, it would be a fairly good development as a backward-integration step for TJNW.

This will take time – however the development can be perceived as the vision of Tata’s wrt TJNW and Sankhya Labs acquisition.