Tata, Cyient, Applied Materials win mandate to modernize chip fab

Two homegrown firms, including a Tata Group company, along with a US chip design major, have bagged a ₹4,500 crore project to enable India's sole semiconductor fabrication plant, Semi-Conductor Laboratory (SCL) in Mohali, to make more modern industrial chips used in critical sectors like power and energy.

- Shouvik Das [e-mail]

On Thursday, Tata Semiconductor Manufacturing Pvt. Ltd, Cyient Semiconductors Pvt. Ltd, and Applied Materials’ Singapore subsidiary were declared winners of three separate parts of the modernization project. The effort will be spearheaded by the ministry of electronics and IT and funded through the first tranche of the India Semiconductor Mission. Mint has reviewed a copy of the approved tender.