Union Cabinet Approves Setting Up Of Three More Semiconductor Units In India
Delhi/Hyderabad, Feb 29 (Maxim News): The Union Cabinet chaired by Prime Minister Narendra Modi has approved the establishment of three semiconductor units under ‘Development of Semiconductors and Display Manufacturing Ecosystems in India.
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The three semiconductor units will be established at Dholera in Gujarat, Morigaon in Assam, and Anand in Gujarat.
Union Minister for Electronics and Information Technology, Ashwini Vaishnaw said that all three units will start construction within the next 100 days and also highlighted the importance of setting up a semiconductor unit in Assam.
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“All three units will start construction within the next 100 days. Northeast will get its first semiconductor Unit in Assam. Investment in the Assam unit will be 27,000 crore. Chips produced from here will be used by big automobile companies across the globe. Whenever we used to talk about investment in the North-East, the concept of technological investment was never discussed. This tradition has been changed by Prime Minister Modi, Vaishnaw said.
Tata Electronics Private Limited (TEPL) will set up a semiconductor fab in partnership with Powerchip Semiconductor Manufacturing Corp (PSMC), Taiwan. This fab will be constructed in Dholera, Gujarat. The investment in this fab will be Rs. 91,000 crore. It will have a capacity of 50,000 wafer starts per month (WSPM). This unit will produce high-performance computing chips with 28 nm technology. It will produce Power management chips for electric vehicles (EV), telecom, defense, automotive, consumer electronics, display, power electronics, etc, the press release read.
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Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) will set up a semiconductor unit in Morigaon, Assam. This unit will be set up with an investment of Rs. 27,000 crore. This unit will cover segments such as automotive, electric vehicles, consumer electronics, telecom, mobile phones, etc. Its capacity will be 48 million per day. (Maxim News)
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