Semiconductors Indian chemical firms turn to foreign partners to crack chip supply chains

With need to prove quality, lack of domestic customers pushes firms to seek tie-ups abroad

While some Indian chemical companies are betting on a Tata Electronics-built fab in the state of Gujarat to develop their customer base and prove their quality, other companies are looking to foreign joint ventures to speed up the process. © Reuters

BENGALURU -- A slew of Indian chemical companies have announced their entry into the semiconductor industry on the back of the country's multibillion-dollar chip supply chain push. But meeting the exacting standards of chip fabrication plants requires purification technology and access to customers that Indian businesses don't have, pushing some to turn to foreign partnerships.