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.
Click Here To Join Us On WhatsApp
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.
Click Here To Join Us On WhatsApp
“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.
Click Here To Join Us On WhatsApp
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)
Next Story :
India-UAE CEPA Delivering Strong Trade Growth, New Opportunities For Business: Piyush Goyal
Delhi/Hyderabad, May 1 (Maxim News) The India-UAE Comprehensive Economic Partnership Agreement (CEPA) is driving robust trade expansion and opening new avenues for Indian businesses, Union Minister Piyush Goyal said on Friday. Here To Join Us On WhatsApp Four years after the implementation of the India-UAE Comprehensive Economic Partnership Agreement, the bilateral economic relationship between India…
Rahul Slams Govt On Commercial LPG Price Hike
Delhi/Hyderabad, May 1 (Maxim News): The Congress on Friday attacked the Modi government over the hike in price of commercial LPG cylinder, with Rahul Gandhi saying this is an “election bill” and the next “strike” will be on petrol and diesel. Here To Join Us On WhatsApp The Leader of the Opposition in the Lok…
KCR Extends May Day Greeting To Working Class
Hyderabad, May 1 (Maxim News): BRS chief and former Chief Minister K Chandrashekhar Rao extended greetings to the working-class on the eve of International Workers’ Day or popularly celebrated as May Day. He lauded the role of farmers and workers in nation-building, terming their hard work and contribution invaluable across sectors.Tourist Destinations Here To Join…
Electrical Short Circuit: CM Revanth, Moved By The Viral Video, Gives Key Instruction
Hyderabad, May 1 (Maxim News): Farmers were in deep grief as their crops were burnt to ashes in many parts of the state due to an electrical short circuit explosion . Similar tragedies took place in Pembi mandal center of Nirmal district. A short circuit caused by hanging electric wires and set fire to about…
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter and Instagram. For all the latest Hyderabad News updates
