India’s renowned industrialist and philanthropist Ratan Tata’s group will set up a manufacturing plant for semiconductors in Assam’s Jagiroad, worth ₹27,000 crore.
Attaching pictures of him, Himanta Biswa Sarma, and Tata Sons Chairman N Chandrasekaran, took to X and said that Manufacturing of semiconductors in Assam will put the state on the global map.
“The investments being made in Assam transform the state in complex treatment for cancer care. Today, the state government of Assam in partnership with the Tata group will make Assam a major player in sophisticated semiconductors,” Ratan Tata posted.
Earlier, Tatas, in collaboration with the Assam government, has already set up several cancer care hospitals across the state.
“This new development will put Assam on the global map. We wish to thank the Chief Minister of Assam Mr. Himanta Biswa Sarma for his support and vision that has made all this possible,” Ratan Tata’s X post added.
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Following the announcement, Assam Chief Minister Himanta Biswa Sarma too took top X and wrote, “Today during my deliberations with the Tata leadership we agreed to create a Skill Development Centre that will be co-located within the premises of the semiconductor facility in Jagiroad.”
He said, “This centre will empower youths from North East by offering them courses in Artificial Intelligence, semiconductors & electronics and help them in securing jobs in the Jagiroad unit.” adding, “Already 1,500 youth from Assam, mainly women, are undertaking training at Tata facilities in and around Bangalore. This will place them in a leadership position once the semiconductor facility becomes operational in 2025.”
On Tuesday, Union Minister Ashwini Vaishnaw assured that the first semi-conductor chip would be rolled out by December 2024.
“We will have the first made in India chip by December 2024. We the first attempt at this was made as far back as 1962 but unless you have the correct policy and right conviction it can’t happen. PM Modi has the conviction that for Viksit Bharat we need electronics manufacturing. From TVs to power electronics, in everything we need semiconductors” the Minister had said.
On March 13, Prime Minister Narendra Modi laid the foundation stones for the three semiconductor facilities with financial implications of about ₹1.25 lakh crore – 2 in Gujarat and 1 in Assam. Tata Group is setting up two of these three plants – one in each of the states.
According to details, Tata Semiconductor Assembly and Test Pvt Ltd (“TSAT”) will set up a semiconductor unit in Morigaon, Assam. This facility is being built for ₹27,000 crore and will have a capacity of producing 48 million chips per day, which would get supplied to automotive, electric vehicles, consumer electronics, telecom, and mobile phones sectors.
Meanwhile, Tata Group hopes that the commercial production of semiconductors chips at the two plants – in Gujarat and Assam – whose foundation stones were laid on Wednesday, would start in 2026.
With agency inputs.
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Published: 20 Mar 2024, 03:49 PM IST
