ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

IT Minister Ashwini Vaishnaw lauds government's efforts for setting up semiconductor plant in Assam

The IT and Information Minister stated that the Tata semiconductor facility will create employment opportunities, generating 15,000 direct and 11,000 to 13,000 indirect jobs.

ANI Aug 03, 2024 21:11 IST googleads

Union Minister Ashwini Vaishnaw (Photo/ANI)

New Delhi [India], August 3 (ANI): Union IT Minister Ashwini Vaishnaw on Saturday lauded the efforts of the government for setting up a semiconductor plant in Assam.
Highlighting the government's keenness for the project, the Union Minister said that Prime Minister Narendra Modi had approved a semiconductor unit in Morigaon, Assam in February this year.
This plant is to be set up by Tata's Electronics company. The construction of that plant has started today, he said.

The IT and Information Minister stated that the Tata semiconductor facility will create employment opportunities, generating 15,000 direct and 11,000 to 13,000 indirect jobs.
Union Minister further added that the unit will be set up with an investment of Rs 27,000 crore and it will generate 15,000 direct and 11,000 to 13,000 indirect jobs...This plant will be very big. It will manufacture about 4.83 crore chips per day.
"The unique thing about this plant is that all the three major technologies which will be deployed in this plant are developed in India. The chips manufactured in this plant will be used in e-vehicles, electric vehicles and practically every large company will be using these chips in the communication and network infrastructure," the Minister further added.

Tata Electronics Pvt Ltd, a wholly owned subsidiary of Tata Sons will build this facility. According to the company, the project will focus on three key platform technologies - Wire Bond, Flip Chip, and a differentiated offering called Integrated Systems Packaging (ISP), with plans to expand the roadmap to advanced packaging technologies in the future.
Tata Electronics Pvt Ltd, a wholly owned subsidiary of Tata Sons will build this facility in Assam.
The project will help industries such as automotive especially the electric vehicle industry communications, network infrastructure, and others to boost their productivity.

Semiconductor assembly and testing 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 construction of the facility will start this year and the first phase will be operational by mid-2025, as per the company.
The project is envisioned under the Government of India's Semiconductor policy being driven by the India Semiconductor Mission and the Government of Assam's Electronics policy.
The unit in Assam will be the site for the development of indigenous advanced semiconductor packaging technologies including flip chip and I-SIP (integrated system in package) technologies.
These technologies are extremely critical for key applications such as automotive (especially electric vehicles), communications, network infrastructure and others, officials said.

Nearly 85,000 industry-ready manpower at BTech, MTech and PhD level in semiconductor chip design area are being trained at 113 academic institutions across the country and nine of these are in the northeast region. Tata Electronics Pvt Ltd, a wholly owned subsidiary of Tata Sons will build the facility in Assam. (ANI)

Get the App

What to Read Next

Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Business

India pushes for green ship recycling, euro-compliant yards

India pushes for green ship recycling, euro-compliant yards

India is rapidly expanding its ship recycling sector and upgrading shipbreaking yards to meet European environmental standards, as part of a broader effort to strengthen its maritime industry and reduce logistics costs, Sushant Kumar Purohit, Chairperson of VO Chidambaranar Port Authority, said today.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.