Rs 270 billion Tata semiconductor plant to start production in 2025
POWER & RENEWABLE ENERGY

Rs 270 billion Tata semiconductor plant to start production in 2025

Tata Electronics has commenced construction of its Rs 270 billion semiconductor assembly plant in Assam, with plans to launch operations in 2025 and generate 27,000 jobs initially. The plant will produce 48.3 million chips per day using technologies developed in India. The foundation stone for the facility was laid at Jagiroad in Morigaon district, with Assam Chief Minister Himanta Biswa Sarma and Tata Sons Chairman N. Chandrasekaran in attendance. Chandrasekaran highlighted that the plant has already employed 1,000 people from Assam and anticipates creating 27,000 jobs?15,000 direct and 12,000 indirect?as the facility expands. ?We are committed to accelerating the construction process and aim to complete the facility by 2025,? he stated. Approved by the Union Cabinet on February 29, 2024, the project began within five months of this approval. Union Electronics and IT Minister Ashwini Vaishnaw noted that the plant will use three major technologies developed in India and will manufacture chips for various applications, including vehicles and communication infrastructure. Vaishnaw emphasised the plant's role in the India Semiconductor Mission, which includes developing 85,000 skilled professionals. Nine institutes in the northeast, including several NITs and universities, are involved in training for the semiconductor sector. Chief Minister Sarma termed the day a ?golden day? for Assam, expressing gratitude to the central government and Tata for their commitment. He assured that the state would support the project, which he believes will boost industrial development and job creation. In addition to the Assam plant, Tata Electronics is establishing India?s first wafer fabrication unit in Dholera, Gujarat, with an investment of Rs 910 billion. This facility is expected to produce 50,000 wafers per month, with its first chip projected to be completed by December 2026. (ET)

Tata Electronics has commenced construction of its Rs 270 billion semiconductor assembly plant in Assam, with plans to launch operations in 2025 and generate 27,000 jobs initially. The plant will produce 48.3 million chips per day using technologies developed in India. The foundation stone for the facility was laid at Jagiroad in Morigaon district, with Assam Chief Minister Himanta Biswa Sarma and Tata Sons Chairman N. Chandrasekaran in attendance. Chandrasekaran highlighted that the plant has already employed 1,000 people from Assam and anticipates creating 27,000 jobs?15,000 direct and 12,000 indirect?as the facility expands. ?We are committed to accelerating the construction process and aim to complete the facility by 2025,? he stated. Approved by the Union Cabinet on February 29, 2024, the project began within five months of this approval. Union Electronics and IT Minister Ashwini Vaishnaw noted that the plant will use three major technologies developed in India and will manufacture chips for various applications, including vehicles and communication infrastructure. Vaishnaw emphasised the plant's role in the India Semiconductor Mission, which includes developing 85,000 skilled professionals. Nine institutes in the northeast, including several NITs and universities, are involved in training for the semiconductor sector. Chief Minister Sarma termed the day a ?golden day? for Assam, expressing gratitude to the central government and Tata for their commitment. He assured that the state would support the project, which he believes will boost industrial development and job creation. In addition to the Assam plant, Tata Electronics is establishing India?s first wafer fabrication unit in Dholera, Gujarat, with an investment of Rs 910 billion. This facility is expected to produce 50,000 wafers per month, with its first chip projected to be completed by December 2026. (ET)

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Sabarmati Riverfront Two Plots Up for Auction at Rs2.24 bn Base Price

Two commercial plots on the western bank of the Sabarmati Riverfront will be auctioned with a base price of Rs 112 crore each, equivalent to Rs 1.12 bn apiece and Rs 2.24 billion in total. The parcels are located adjacent to the Metro Rail Bridge in Ahmedabad and form the first commercial offering after a prolonged pause. The Riverfront Development Corporation has framed the sale as part of a phased commercial release to revive development along the riverfront. The combined base valuation has been set by the corporation to reflect market rates along the riverfront. The corporation has fixed a ..

Next Story
Infrastructure Urban

Andhra Pradesh to Connect Over One Million Streetlights

Andhra Pradesh will undertake a statewide smart streetlighting programme across all 123 Urban Local Bodies (ULBs), bringing around 1.05 million (mn) streetlights under an AI enabled monitoring and management system. The programme will be implemented by Energy Efficiency Services Limited (EESL) with the Commissioner and Director of Municipal Administration under the state Municipal Administration and Urban Development Department. The project aims to convert conventional streetlighting into a digitally managed municipal service monitored and maintained remotely. The initial phase will cover abou..

Next Story
Infrastructure Urban

AMC To Procure Four Machines For Guard Rail Cleaning

Ahmedabad Municipal Corporation will introduce four specialised machines for cleaning guard railings along major roads and the central verges of BRTS and Metro corridors. The civic body plans to replace manual labour with mechanised cleaning to improve maintenance of road infrastructure and greenery. The purchase is estimated at Rs 82.8 million (mn), excluding GST. The proposal sets the base price of each machine at about Rs 20.7 million (mn) so four units total Rs 82.8 million (mn) before GST. 18 per cent GST will be applicable separately. During the warranty period each machine will operate ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement