PM Modi Meets Tata Sons and PSMC Leaders to Discuss Semiconductor Projects in India
Prime Minister Narendra Modi met with the leadership team of Tata Sons and Taiwan-based Powerchip Semiconductor Manufacturing Corporation (PSMC) on Thursday. The meeting focused on updates regarding semiconductor manufacturing projects in India. PSMC expressed enthusiasm to further expand its footprint in India.
In a post on X, Prime Minister Modi said, “Had a great meeting with the leadership team of Tata Sons and PSMC. They shared updates on their semiconductor manufacturing projects. PSMC expressed enthusiasm to further expand its footprint in India.”
Earlier, the Government of India had approved a proposal from Tata Electronics to build a mega semiconductor fabrication facility (‘Fab’) in Dholera, Gujarat in partnership with PSMC. The Fab, with a total investment of up to Rs 91,000 crores (approximately USD 11 billion), will generate over 20,000 direct and indirect skilled jobs in the region.
With this announcement, Tata Electronics entered the global semiconductor industry. Tata Electronics, a wholly owned subsidiary of Tata Sons Pvt Ltd, in partnership with Powerchip Semiconductor Manufacturing Corporation (PSMC), is building India’s first AI-enabled state-of-the-art Fab. This Fab will have a manufacturing capacity of up to 50,000 wafers per month and will include next-generation factory automation capabilities deploying data analytics and machine learning to achieve industry-best factory efficiency.
The new semiconductor Fab will manufacture chips for applications such as power management IC, display drivers, microcontrollers (MCU), and high-performance computing logic, addressing the growing demand in markets such as automotive, computing and data storage, wireless communication, and artificial intelligence.
Doubts Revealed
PM Modi -: PM Modi is the Prime Minister of India. His full name is Narendra Modi.
Tata Sons -: Tata Sons is a big company in India that owns many other companies, like Tata Motors and Tata Steel.
PSMC -: PSMC stands for Powerchip Semiconductor Manufacturing Corporation. It is a company from Taiwan that makes computer chips.
semiconductor -: A semiconductor is a special material used to make computer chips, which are important for electronic devices like phones and computers.
fabrication facility -: A fabrication facility is a factory where computer chips are made.
Gujarat -: Gujarat is a state in India, located in the western part of the country.
Rs 91,000 crores -: Rs 91,000 crores is a very large amount of money in Indian currency, used to show how much will be invested in the project.
AI -: AI stands for Artificial Intelligence, which is a technology that makes machines smart and able to do tasks like humans.
automotive industries -: Automotive industries are companies that make vehicles like cars and trucks.
