Tata Electronics Holds Groundbreaking Ceremony Of Rs 27,000 Crore Fab Plant In Assam 

Indian conglomerate Tata Electronics, on Saturday, August 3, held a traditional groundbreaking ceremony at its chip assembly and testing unit in Assam.

The Assam facility, situated in Jagiroad, represents a significant investment of Rs 27,000 crore.

Source : Tata/X

Indian conglomerate Tata Electronics, on Saturday, August 3, held a traditional groundbreaking ceremony at its chip assembly and testing unit in Assam. The event, known as 'Bhoomi Poojan,' saw the participation of key figures including Assam's Chief Minister Himanta Biswa Sarma and Tata Sons' Chairman N Chandrasekaran, the media has reported.

The Assam facility, situated in Jagiroad, represents a significant investment of Rs 27,000 crore. It is anticipated to create employment opportunities for over 27,000 individuals, both directly and indirectly, in the region.

Plant's First Phase To Be Operational By Next Year

Construction of the Assam plant is set to commence this year, with plans for the initial phase to be operational by mid-2025. This project is expected to significantly boost industrialisation in north-east India, says a report by Business Today.

This development comes after the Cabinet's approval in February for three semiconductor plants, with two located in Gujarat and one in Assam. The total estimated investment for these projects is Rs 1.26 lakh crore. Notably, one of these projects includes India's inaugural semiconductor fabrication plant, a joint venture between Tata Electronics and Taiwan's Powerchip Semiconductor Manufacturing Corp. (PSMC), to be established in Dholera, Gujarat, with a projected investment of Rs 91,000 crore.

This deal is said to accelerate the development of semiconductor manufacturing capabilities in the region, while creating new job opportunities and fostering technological advancement in the northeastern state of Assam.

"The investments being made in Assam transform the state in complex treatment for cancer care. Today, the state government of Assam in partnership with the Tata group will make Assam a major player in sophisticated semiconductors. This new development will put Assam on the global map. We wish to thank the Chief Minister of Assam Mr. Himanta Biswa Sarma for his support and vision that has made all this possible," Ratan Tata, Former Tata Group Chairman, was quoted as saying by Business Today.