City
Epaper

Tata Electronics holds groundbreaking ceremony of Rs 27,000 crore chip plant in Assam

By IANS | Updated: August 3, 2024 13:55 IST

New Delhi, Aug 3 In a fillip to Prime Minister Narendra Modi's vision to make India a global ...

Open in App

New Delhi, Aug 3 In a fillip to Prime Minister Narendra Modi's vision to make India a global semiconductor manufacturing hub, Tata Electronics on Saturday held the ground-breaking ceremony of its chip assembly and testing unit at Jagiroad in Morigaon district, Assam.

The groundbreaking ceremony was held in the presence of Assam Chief Minister Himanta Biswa Sarma and N. Chandrasekaran, Tata Sons' Chairman.

Touted as Northeast India's largest investment project, the Rs 27,000 crore Tata semiconductor plant is likely to generate over 27,000 direct and indirect jobs in the region.

The first phase of the plant is set to be operational by mid-2025.

In March this year, PM Modi virtually laid the foundation stone of a state-of-the-art semiconductor fab in Dholera, Gujarat and a Semiconductor Assembly and Test (OSAT) facility in Jagiroad.

The Rs 91,000 crore chip fabrication plant at Dholera will generate over 20,000 skilled jobs in the region.

The Centre in February approved three semiconductor plants - two in Gujarat and one in Assam - for about Rs 1.26 lakh crore.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other SportsMarc Marquez fends off Zarco for wet weather pole in Germany

EntertainmentChiranjeevi, Vishnu Manchu mourn death of actor Kota Srinivasa Rao

Other SportsMansukh Mandaviya joins 'Fit India Sundays on Cycle' rally in Gandhinagar, calls cycling a solution to pollution and traffic

EntertainmentKota Srinivasa Rao Dies: Andhra Pradesh CM Chandrababu Naidu Mourns Loss of Cinema Icon

InternationalPakistan: Tehreek-e-Insaf leadership gathers in Lahore to launch August 5 protest march

Business Realted Stories

BusinessIndian stock markets to track Q1 earnings, tariff talks, and macroeconomic data this week: Experts

BusinessCentre's semiconductor push could cut chip imports by USD20 bn: McKinsey

BusinessBillionaires gather in Sun Valley in US for Allen & Co.'s annual conference

BusinessAssam CM inaugurates nation's first ever Aqua Tech Park at Bagibari Sonapur

BusinessDonald Trump announces 30% import tariffs on EU and Mexico over trade and border issues