With Tata building India’s first semiconductor factory and Reliance joining forces with Disney in a record-breaking media deal, India is stepping into a new global business era.
India is taking major steps to strengthen its position in global business with two important developments. Tata Group is building the country’s first semiconductor chip factory in Gujarat. At the same time, Reliance Industries and Walt Disney Company have signed a merger worth $8.5 billion to combine their media businesses in India.
Both events signal India’s long-term ambitions to lead in technology and media. They also reflect how Indian companies are taking bold steps to reduce dependence on foreign imports, improve digital infrastructure, and attract global investors.
Tata Group to Launch India’s First Chip Factory
The Tata Group has announced a major investment in the electronics manufacturing sector. It will build India’s first semiconductor fabrication unit (also called a chip fab) in Dholera, Gujarat. The project is expected to be completed by mid-2025 and is being developed in partnership with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC).
The total investment is estimated at ₹90,000 crore, or around $11 billion. This is a significant move, as India currently imports almost all its semiconductor chips from other countries, mostly from Taiwan and China.
The semiconductor fab will produce chips used in smartphones, cars, consumer electronics, medical devices, and even defense equipment. According to government reports, the global semiconductor shortage in 2020-21 affected multiple sectors in India, exposing the need for a local supply chain.
The Tata project also aligns with India’s Semicon India Program, which offers financial support and infrastructure development for chipmakers. The government will fund up to 50 percent of the project cost, as part of its mission to make India self-reliant in advanced technologies.
The plant is expected to create around 20,000 direct and indirect jobs, helping not only the tech industry but also the economy of the region.
According to Rajeev Chandrasekhar, Minister of State for Electronics and IT, “This investment by Tata will put India on the global semiconductor map and reduce our heavy import dependence.”
Reliance and Disney Merge Media Businesses in India
In another major development, Reliance Industries and Walt Disney Company have finalized a deal to merge their media operations in India. The total deal value is estimated at $8.5 billion, creating one of the largest media companies in the country.
The joint venture will include Reliance’s Viacom18 (owner of JioCinema) and Disney’s Star India, which runs popular TV channels and the Disney+ Hotstar streaming service.
This merger gives the new company control over India’s biggest entertainment assets, including digital rights for major sports events like the Indian Premier League (IPL) and international cricket matches. It also includes access to a vast library of global and local content.
The combined viewership is expected to cross 750 million people, making it the largest media company in India by audience reach. The new company will own both content production and distribution platforms, giving it a major competitive edge against global rivals like Netflix and Amazon Prime Video.
Reliance will hold the majority stake, while Disney will retain 36.8 percent of the new entity. The deal also allows Disney to focus on profitability in emerging markets, while Reliance strengthens its digital and entertainment ecosystem.
Industry experts say the merger is a smart move by Mukesh Ambani, who has been focusing on building Reliance’s presence in telecom, digital, and content sectors over the last decade.
Why These Moves Matter
India is positioning itself as a major force in both advanced manufacturing and digital entertainment. Tata’s chip factory could help India become less dependent on global supply chains and boost its status as a manufacturing hub. At the same time, the Reliance-Disney deal could reshape how millions of Indians watch TV and use online platforms.
Together, these moves represent more than business deals. They are part of a larger vision to turn India into a global center for innovation, investment, and influence in the 21st century.
According to a report by Invest India, the country aims to become a $1 trillion digital economy by 2030. The semiconductor and media sectors will play a key role in reaching that target.
India’s rising domestic demand, large youth population, and supportive government policies are helping big companies take bold steps forward. These developments are strong signals to the world that India is not just a fast-growing economy—it is becoming a powerful player in global business.
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