New Delhi, Feb 29 (IANS) In a fillip to the country’s goal to become a global semiconductor hub, the Union Cabinet on Thursday approved chip fabrication plants by Tata Group and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) in Dholera district, Gujarat.
Tata JV will make India’s first semiconductor fab with a capacity of 50,000 wafers per month, according to Union IT minister Ashwini Vaishnaw.
The Cabinet also approved Tata Semiconductor Assembly Test’s assembly and testing unit in Assam at an investment of around Rs 27,000 crore.
Earlier this month, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, had announced that Assam will soon have its first-ever semiconductor packaging plant built jointly by the state government and Tata Group.
India has received over Rs 2.5 lakh crore worth investment proposals in the semiconductor sector, ranging from packaging, design and research and development, according to Chandrasekhar.
In September last year, US-based Micron Technology started the construction of a Rs 22,500 crore facility in Sanand, Gujarat, that will set a benchmark for India’s semiconductor journey.
–IANS
na/svn
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
