Tata Chair Defends Long-Term Chip Bets Over Quick Returns

Tata Sons Chairman Natarajan Chandrasekaran said the group will keep building what India and the world need, including semiconductor chips, even if these projects are slow to deliver amid a tussle with owners pressing for quicker returns.

• Chandrasekaran: Tata will keep investing in semiconductors and national infrastructure
• The group's projects pay back slowly, drawing pressure from owners
• Tata is building chip plants as part of India's development push