New Delhi, March 12 (IANS) Giving a push to his vision to position India as a global hub for semiconductor design, manufacturing and technology development, Prime Minister Narendra Modi will lay the foundation stone of three semiconductor projects worth about Rs 1.25 lakh crore on Wednesday via video conferencing.
While fostering the creation of employment opportunities, PM Modi will also address the youth across the country, as the programme will see participation of youngsters, including thousands of college students, along with leaders from the semiconductor industry.
The foundation stone is being laid for the semiconductor fabrication facility at the Dholera Special Investment Region (DSIR) in Gujarat; Outsourced Semiconductor Assembly and Test (OSAT) facility at Morigaon, Assam; and the OSAT facility at Sanand, Gujarat.
The Dholera facility will be set up by Tata Electronics under the modified scheme for setting up semiconductor fabrication in India.
With a total investment of over Rs 91,000 crore, this will be the first commercial semiconductor fabrication facility in the country.
The OSAT facility in Morigaon, Assam will be set up by Tata Electronics Private Limited (TEPL) under the Modified Scheme for Semiconductor Assembly, Testing, Marking and Packaging (ATMP), and with a total investment of about Rs 27,000 crore.
The OSAT facility in Sanand, Gujarat, will be set up by CG Power and Industrial Solutions Limited with a total investment of about Rs 7,500 crore.
Through these facilities, the semiconductor ecosystem will be strengthened and will get a firm footing in India.
These units will also provide employment to thousands of youth in the semiconductor industry as well as catalyse employment generation in related sectors like electronics and telecom, etc.
–IANS
na/rad
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.
