Manufacturing of semiconductors in Assam will put the state on the global map, said industrialist and philanthropist Ratan Tata, whose conglomerate has put in Rs 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 state government of Assam in partnership with the Tata group will make Assam a major player in sophisticated semiconductors,” Ratan Tata posted on his X timeline, attaching pictures of him, Assam chief minister 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 Mr. Himanta Biswa Sarma for his support and vision that has made all this possible,” Ratan Tata‘s X post added.
On March 13, Prime Minister Narendra Modi laid the foundation stones for the three semiconductor facilities with financial implications of about Rs 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. With a capacity of producing 48 million chips per day, this facility is being built for Rs 27,000 crore. Segments that will be covered are automotive, electric vehicles, consumer electronics, telecom, and mobile phones.
