Tata group and Nasdaq-listed semiconductor major Analog Devices, Inc. have formed a strategic alliance to explore opportunities such as semiconductor manufacturing in India.

Tata Electronics, Tata Motors, and Tejas Networks signed a memorandum of understanding (MoU) with ADI to enhance strategic and business cooperation, explore opportunities for semiconductor manufacturing in India, and use ADI's products in Tata applications like electric vehicles and network infrastructure, the companies said in a joint statement .

Tata group's semiconductor making company Tata Electronics is investing in its own facilities by building India's first fab in Dholera, Gujarat with a total investment of $11 billion. In addition, Tata Electronics will be investing another $3 billion in a greenfield facility in Jagiroad, Assam for the assembly and testing of semiconductor chips.

Tata Electronics and ADI will explore opportunities to manufacture ADI's products in Tata Electronics' fab in Gujarat and the Outsourced Semiconductor Assembly and Test (OSAT) in Assam.

Tata Motors and ADI intend to explore opportunities in electronics hardware components for energy storage solutions and power electronics in both commercial and passenger vehicle businesses.