Tata Sons Chairman N Chandrasekaran announced the launch of a Rs 27,000 crore semiconductor assembly plant in Assam, set to begin operations by 2025. The facility will significantly boost employment, creating 27,000 jobs, and will focus on advanced semiconductor technologies. The project, supported by both Tata Sons and the Assam government, is poised to transform the region into a major semiconductor hub, aligning with national policies to enhance the industry and foster regional development.
5 Major Key Points:
- Major Investment: Tata Sons is investing Rs 27,000 crore in a semiconductor assembly plant in Assam, expected to commence operations by 2025.
- Employment Opportunities: The facility will create 27,000 jobs, including 15,000 direct and 12,000 indirect positions, significantly boosting local employment.
- Technological Focus: The plant will concentrate on key semiconductor technologies such as Wire Bond, Flip Chip, and Integrated Systems Packaging (ISP), with plans for future expansions.
- Government Support: Assam Chief Minister Himanta Biswa Sarma emphasized the project’s significance for regional industrial development and assured full state government support.
- National Alignment: The project aligns with India’s Semiconductor and Assam’s Electronics policies, supporting the development of the semiconductor ecosystem and regional growth.
