City
Epaper

Tata’s Assam plant to produce 4.8 cr chips daily, create 28,000 jobs: Ashwini Vaishnaw

By IANS | Updated: August 3, 2024 20:45 IST

New Delhi, Aug 3 The Tata Group’s semiconductor plant in Assam will produce 4.83 crore semiconductor chips per ...

Open in App

New Delhi, Aug 3 The Tata Group’s semiconductor plant in Assam will produce 4.83 crore semiconductor chips per day, along with generating 15,000 direct and up to 13,000 indirect jobs once operational, Union Minister for Railways, Electronics and IT and I&B, Ashwini Vaishnaw, said on Saturday.

The Union Minister also pointed out that the semiconductor unit will be a site for the development of indigenous advanced semiconductor packaging technologies, including Wire Bond, flip chip, and I-SIP (integrated system in package) technologies.

According to the Minister, these technologies are extremely critical for key applications such as automotives (especially electric vehicles), communications, network infrastructure, and others.

Nearly 85,000 industry-ready workforce at B.Tech, M.Tech, and PhD-level in semiconductor chip design are being trained at 113 academic institutions across the country, and nine of these are in the Northeast.

“Prime Minister Narendra Modi has always emphasised the Act East policy and a very important milestone is being achieved in Assam with the commencement of construction of this facility,” the Minister told the media.

According to the government, the Assam plant will be set up with an investment of Rs 27,000 crore and is expected to generate 15,000 direct and 11,000-13,000 indirect jobs.

Highlighting the importance of the semiconductor industry as being a foundational one, the Minister said employment opportunities in various upstream and downstream industries will be created.

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

InternationalZohran Mamdani wins New York City Mayoral election, defeats Trump's favourite Andrew Cuomo

EntertainmentSalman Khan in legal trouble over "misleading" pan masala advertisements; Kota Consumer Court issues notice

BusinessStock Market Holiday Today, November 5? Will Share Market Remain Open or Closed for Guru Nanak Jayanti 2025?

MumbaiMumbai: Man Accused of Issuing Illegal Triple Talaq in Govandi; Family Charged with Harassment

NationalForeign-made rifles recovered after 4 Kuki militants killed in Manipur

Business Realted Stories

BusinessPiyush Goyal welcomed by New Zealand Trade Minister during visit for FTA talks

BusinessCommercial vehicle segment sees broad-based recovery in October, aided by infra push and festive logistics: Report

BusinessPaytm reports strong Q2 with 24% revenue growth, PAT of Rs 211 crore, driven by robust business model, AI-led opportunities

BusinessPaytm’s net profit improves to Rs 211 crore in Q2, revenue up 24 pc

BusinessMehli Mistry steps down from Tata Trusts, recalls commitment to Ratan Tata