Tata Group's N Chandrasekaran and Assam CM Himanta Biswa Sarma Launch Rs 27,000 Crore Semiconductor Unit
Tata Group's N Chandrasekaran and Assam CM Himanta Biswa Sarma Launch Rs 27,000 Crore Semiconductor Unit
New Delhi [India], August 3: The semiconductor industry is set to become a cornerstone of the future, with chips playing a crucial role in daily life, according to Tata Group Chairman N Chandrasekaran. On Saturday, he spoke after the 'bhoomi pujan' ceremony for Tata's new semiconductor unit in Morigaon, Assam, which will be established with an investment of Rs 27,000 crore.
Chandrasekaran expressed confidence that part of the facilities will be completed by 2025, with operations starting soon after. Assam Chief Minister Himanta Biswa Sarma performed the 'bhoomi pujan' in Jagiroad alongside Chandrasekaran. The unit is expected to create 15,000 direct jobs and 11,000 to 13,000 indirect jobs.
Chandrasekaran highlighted the importance of the semiconductor industry, stating, "Chips are going to be part of everything we do in our daily lives, industrial life, and consumer lives." He emphasized the rapid progress of this technology, especially with the adoption of artificial intelligence.
He also noted that India, under the leadership of Prime Minister Narendra Modi, has taken a bold step into this space. Tata Group is building the entire electronics value chain, with facilities in Tamil Nadu, Karnataka, Gujarat, and now Assam.
Chandrasekaran mentioned that the Assam facility will create a semiconductor ecosystem, attracting various companies to set up units in the region. He envisions a thriving electronics hub developing in Assam.
Assam Chief Minister Himanta Biswa Sarma stated that the unit is expected to be completed within 18 months. He thanked Prime Minister Modi and others for choosing Assam for this significant project.
Union IT Minister Ashwini Vaishnaw added that the plant will manufacture about 4.83 crore chips per day, with all major technologies developed in India. These chips will be used in electric vehicles and communication infrastructure.
Officials noted that the Programme for Development of Semiconductors and Display Manufacturing Ecosystem in India was launched in December 2021 with a total outlay of Rs 76,000 crore. The Union Cabinet approved Tata's semiconductor unit in Morigaon, Assam, and two other units in February this year.
The Assam unit will focus on advanced semiconductor packaging technologies, crucial for applications in automotive, communications, and network infrastructure. Tata Electronics Pvt Ltd, a subsidiary of Tata Sons, will build the facility.
Doubts Revealed
Tata Group
Tata Group is a big company in India that makes many different things, like cars, steel, and software. It is one of the oldest and largest companies in India.
N Chandrasekaran
N Chandrasekaran is the boss of Tata Group. He helps make important decisions for the company.
Assam CM
Assam CM stands for Assam Chief Minister. The Chief Minister is the leader of the state government in Assam, which is a state in India.
Himanta Biswa Sarma
Himanta Biswa Sarma is the Chief Minister of Assam. He is responsible for making decisions and running the government in Assam.
Rs 27,000 Crore
Rs 27,000 Crore is a lot of money. In Indian currency, 'Rs' stands for Rupees, and 'Crore' means ten million. So, Rs 27,000 Crore is 270 billion Rupees.
Semiconductor Unit
A semiconductor unit is a factory where tiny electronic parts called semiconductors or chips are made. These chips are used in many electronic devices like computers and smartphones.
Morigaon
Morigaon is a place in the state of Assam, India. It is where the new semiconductor factory will be built.
Direct and Indirect Jobs
Direct jobs are jobs at the factory itself, like working on machines. Indirect jobs are jobs created because of the factory, like people working in nearby shops or transportation.
4.83 crore chips per day
4.83 crore chips per day means the factory will make 48.3 million chips every day. A chip is a small part used in electronic devices.
Semiconductor ecosystem
A semiconductor ecosystem means all the different parts and companies needed to make and use semiconductors, like factories, suppliers, and technology experts.
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