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Semiconductor plant in Assam to be operational by 2025: Tatas
The Business Guardian
|August 05, 2024
The semiconductor industry is a foundation industry for the future and chips are going to be part of almost everything people do in their daily lives, Chairman of Tata Group N Chandrasekaran said on Saturday after the ‘bhoomi pujan’ of the Tata’s semiconductor unit in Morigaon in Assam, which will be set up with an investment of Rs 27,000 crore.
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He expressed confidence that part of the facilities will be completed sometime in 2025 and operations will start quickly.
Assam Chief Minister Himanta Biswa Sarma performed ‘bhoomi pujan’ of the facility in Jagiroad with Chandrasekaran and the unit is expected to generate 15,000 direct and 11,000 to 13,000 indirect jobs.
“The semiconductor industry is a foundation industry for the future. Chips are going to be part of everything we do in our daily lives, industrial life and consumer lives. Be it the electronics industry, automobiles, mobile technology, defence, healthcare, or other consumer products, everything will have a chip going forward, multiple chips, and this technology is fast progressing. With the adoption of artificial intelligence, all this will accelerate,” Chandrasekaran told mediapersons.
He said every country is trying to get into this space.
“Globally, there are very few nations which have the capability. So India, under the visionary leadership of Narendra Modiji, took a very bold step and the Tata Group is extremely thankful and proud to be part of this initiative. We are building the entire electronics value chain.
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