Fab plant will put Assam on global map: Ratan Tata
Manufacturing of semiconductors in Assam will put the state on global map, said industrialist and philanthropist Ratan Tata, whose conglomerate has put in ₹27,000 crore in investments for a semiconductor plant in Jagiroad.
“The investments being made in Assam transform the state in complex treatment for cancer care. Today, the government of Assam in partnership with Tata group will make Assam a major player in sophisticated semiconductors,” Ratan Tata posted on his X timeline, attaching pictures of him, Himanta Biswa Sarma, and Tata Sons Chairman N Chandrasekaran. Tatas, in collaboration with the Assam government, has already set up several cancer care hospitals across the State. “This new development will put Assam on the global map. We wish to thank the Chief Minister of Assam Himanta Biswa Sarma for his support and vision that has made all this possible,” Ratan Tata’s X post added.
Earlier on Tuesday, Union
Minister Ashwini Vaishnaw assured that the first semiconductor chip would be rolled out “We will have the first made in India chip by December 2024. We the first attempt at this was made as far back as 1962 but unless you have the correct policy and right conviction it can’t happen. PM Modi has the conviction that for Viksit Bharat we need electronics manufacturing. From TVs to power electronics, in everything we need semiconductors” the Minister had said.
SEMI-CONDUCTOR CHIP
On March 13, Prime Minister Modi laid the foundation stones for the three semiconductor facilities with financial implications of about ₹1.25 lakh crore 2 in Gujarat and 1 in Assam. Tata Group is setting up two of these three plants one in each of the States. The semiconductor industry in India is still in a nascent stage, with various local and multinational companies intending to tap its vast potential. Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) will set up a semiconductor unit in Morigaon, Assam.