Tata Electronics nearly doubles revenue, eyes full chip value chain

Tata Electronics reported a 97% revenue surge to Rs 1.31 lakh crore in FY26, becoming the fourth-largest Tata group company. Chairman N Chandrasekaran said the firm is on track to be India's first integrated electronics player, calling chips 'the new steel.' The company achieved operating profit break-even but posted a net loss of Rs 1,611 crore due to heavy investments in semiconductor manufacturing and capacity expansion.