China was once known as a hub for manufacturing cheap smartphones and cars. But now it is not so. India's focus shifted towards Make in India, after which India is manufacturing smartphones and car parts domestically. At the same time, India is leaving China behind in the economy. While other countries continued to get trapped in China's debt. But the Corona epidemic changed the situation.
Let us tell you that Tata has now increased the concern about China. In fact, Tata Group will set up a domestic chipset manufacturing and lithium ion battery storage battery factory. In such a situation, the price of cars and smartphones in India may reduce in the coming days.
Chairman announced
Tata Group Chairman N Chandrasekaran has announced that a large semiconductor fabrication plant will be set up in Dholera, Gujarat. Till now, the batteries used in making smartphones were exported from countries like China or Taiwan, but now the Tata Group will make chipsets and batteries locally in India.
Plant will be built in 2 months
Chandrasekaran has unveiled the group's plans to start construction of a 20 gigawatt lithium-ion storage battery factory in Gujarat's Sanand city in the next two months.