Tatas said to choose Singapore as key partner for semiconductor play
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"'If they (Tatas) want to, they can do business with anybody in the world. It's not that they need to do it in Singapore, but they will, I think, choose Singapore as a key partner, not only partner, but as a key partner," Shanmugam said.
Shanmugam, along with minister for manpower and second minister for trade and industry Tan See Leng, is on a day-long visit to the financial capital.
The South East Asian country is a «serious and reliable player» in the international semiconductor industry, he said, adding that the Tata Group has been present in Singapore for over five decades.
Singapore or entities based in the country command a 20 per cent share in the semiconductor equipment production globally, the visiting minister said.
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