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A recent report from The Economic Times (ET) suggests that US-based global electric vehicle (EV) giant Tesla has forged a strategic agreement with Tata Group’s subsidiary, Tata Electronics, to procure semiconductor chips for its operations worldwide.

The Tata Group, boasting numerous prominent entities on Indian indices such as Tata Motors and TCS, is anticipated to introduce several additional IPOs within the next 2-3 years. This development arises as Tata Sons, its holding company, faces a looming deadline for its own IPO.