Get All Access for $5/mo

PM Lays Foundation Stones For Fab & ATMP Investment outlay of INR 1,18,000 crores by Tata Electronics to generate nearly 50,000 direct and indirect jobs

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

PIB

With an eye on making India a semiconductor hub, Prime Minister Narendra Modi addressed 'India's Techade: Chips for Viksit Bharat' program and laid the foundation stone for three semiconductor projects worth INR 1.25 lakh crores virtually. Tata Group is setting up two of these three new plants.

The facilities inaugurated today are - Semiconductor fabrication facility at the Dholera Special Investment Region (DSIR), Gujarat, Outsourced Semiconductor Assembly and Test (OSAT) facility at Morigaon, Assam and another OSAT facility at Sanand, Gujarat.

"Today is indeed a special day for the Tata Group – with the foundation stone being laid simultaneously for our projects in Dholera and Jagiroad 2,500 km apart. These semiconductor manufacturing hubs will have a lasting impact on the entire nation. The ecosystem from across the globe will mobilize to have India as their preferred semiconductor destination. We will create more than 50,000 jobs, and this is just the beginning, Chip shortages during the pandemic made us realise our dependency on the international supply chain, as a result, domestic semiconductor industry is integral to indigenous industry," said N. Chandrasekaran, Chairman, Tata Sons.

Tata Electronics' Semiconductor Fabrication Facility in Dholera, Gujarat, is being developed in collaboration with Powerchip Semiconductor Manufacturing Corporation (PSMC) of Taiwan, one of the leading global semiconductor players. With an investment of up to INR 91,000 crores, India's first AI-enabled Fab is poised to generate over 20,000 direct and indirect skilled jobs.

The new semiconductor Fab will manufacture chips for applications such as power management IC, display drivers, microcontrollers (MCU) and high-performance computing logic, addressing the growing demand in markets such as automotive, computing and data storage, wireless communication and artificial intelligence. With a manufacturing capacity of up to 50,000 wafers per month, the fab establishes India as a key supply chain partner in the global semiconductor industry.

The OSAT facility in Jagiroad, Assam, is being developed at an investment outlay of INR 27,000 crore and is expected to create over 27,000 direct and indirect jobs.

Semiconductor assembly and test is a critical part of the semiconductor value chain where wafers manufactured by semiconductor fabs are assembled or packaged and then tested before they are finally used in the desired product. The facility will focus on crucial platform technologies - Wire Bond, Flip Chip, and Integrated Systems Packaging (ISP).These technologies are critical for key applications across the global – like automotive, communications, computing and Artificial intelligence (AI).

The new facilities being developed by Tata Electronics will bring a portfolio of cutting-edge semiconductor technologies, advanced skill set and talent, and a network of semiconductor manufacturing suppliers and ecosystem partners, resulting in foundational development of indigenous semiconductor ecosystem in India. This vision for indigenous semiconductor industry is projected to create over 1,00,000 skilled jobs.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Business News

Want to Start a Business? Skip the MBA, Says Bestselling Author

Entrepreneur Josh Kaufman says that the average person with an idea can go from working a job to earning $10,000 a month running their own business — no MBA required.

Leadership

Your Definition of Leadership Is Outdated — Here's How to Be a Better Leader in the Modern Workplace

In my nearly thirty years as a leader, I've focused on setting a clear vision and empowering my team to achieve our goals. We prioritize establishing shared objectives while allowing for flexibility when needed.

Starting a Business

They Showed Up to Apple With a Product They Built in Their Dorm Room. Now These Entrepreneurs Are on the Way to Changing the Way Fans Watch Sports.

How Rahat Kulshreshtha and Gaurav Mehta launched Quidich Innovation Labs, technology that is literally changing the game of sports viewership.

Business News

How Nvidia CEO Jensen Huang Transformed a Graphics Card Company Into an AI Giant: 'One of the Most Remarkable Business Pivots in History'

Here's how Nvidia pivoted its business to explore an emerging technology a decade in advance.

Thought Leaders

25 Common Characteristics of Successful Entrepreneurs

Do you have what it takes to get through hard times? Here are the traits that help home-based business owners thrive.

Leadership

Why Hearing a 'No' is the Best 'Yes' for an Entrepreneur

Throughout the years, I have discovered that rejection is an inevitable part of entrepreneurship, and learning to embrace it is crucial for achieving success.