Tata Electronics Breaks Ground on Rs 27,000 Crore Chip Assembly Plant in Assam: Ceremony Highlights, Job Creation, and Industrial Impact

Tata Electronics Breaks Ground on Rs 27,000 Crore Chip Assembly Plant in Assam Ceremony Highlights, Job Creation, and Industrial Impact - Before You Take
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Tata Electronics marked a significant milestone with the groundbreaking ceremony (‘Bhoomi Poojan’) of its new chip assembly and testing unit in Jagiroad, Assam, on August 3. This high-profile event was attended by Assam’s Chief Minister Himanta Biswa Sarma and Tata Sons Chairman N Chandrasekaran.

 

 

Key Points

 

Tata Electronics is investing Rs 27,000 crore in the facility.

 

The plant will generate over 27,000 direct and indirect jobs.

 

Construction begins this year, with the first phase operational by mid-2025.

 

The project aligns with the Union Cabinet’s approval of three semiconductor plants in India.

 

 

Investment and Economic Impact:

The Jagiroad facility represents a significant investment of Rs 27,000 crore. It is expected to create more than 27,000 jobs, fostering both direct and indirect employment opportunities in the region. This substantial investment underlines Tata Electronics‘ commitment to boosting industrialization in North-East India.

 

 

Project Timeline:

The construction of the plant is set to commence this year, with the first phase projected to be operational by mid-2025. This timeline demonstrates Tata Electronics‘ swift approach to establishing the facility and beginning production.

 

 

Strategic Importance:

In February, the Union Cabinet approved proposals for three semiconductor plants, two in Gujarat and one in Assam, at an estimated cost of Rs 1.26 lakh crore. The Tata facility in Assam will complement India’s first semiconductor fabrication plant or fab in Gujarat’s Dholera, a collaboration between Tata Electronics and Taiwan’s Powerchip Semiconductor Manufacturing Corp. (PSMC), costing Rs 91,000 crore.

 

 

Statement from Ratan Tata Garu

Former Tata Group Chairman Ratan Tata Garu highlighted the transformative impact of this investment on Assam. He stated, “The investments being made in Assam will transform the state, not only in complex treatment for cancer care but also by making Assam a major player in sophisticated semiconductors. 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.”

 

 

Conclusion

The establishment of Tata Electronics’ chip assembly and testing plant in Assam is poised to be a game-changer for the region’s industrial landscape. With substantial investment, job creation, and the potential to position Assam on the global semiconductor map, this initiative underscores the strategic importance of North-East India in the country’s industrial future.

 

 

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