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Cabinet gives nod to Tata Electronics’ proposal for semiconductor chip fabrication unit

Economic Times

Economic Times · 1y ago

Cabinet gives nod to Tata Electronics’ proposal for semiconductor chip fabrication unit

The Indian government has approved Tata Electronics' proposal to establish a semiconductor chip fabrication unit in Gujarat, in partnership with Taiwanese Powerchip Semiconductor Manufacturing Corp (PSMC). This marks India's first pure-play foundry. The project, worth Rs 91,000 crore, is expected to produce 50,000 wafers per month, with an annual production estimated at 300 crore chips for various sectors. Additionally, proposals for Tata Semiconductor Assembly and Test Unit's semiconductor test facility in Assam and CG Power's OSAT unit in Gujarat were also approved. The three projects combined will create 20,000 advanced technology jobs and 60,000 indirect jobs.

Related News

Tower's plan for first Indian chip foundry likely to get nod today

Economic Times

Economic Times · 1y ago

Tower's plan for first Indian chip foundry likely to get nod today

The Indian Cabinet is expected to approve incentives for Israeli semiconductor company Tower's proposal to establish a chip fabrication unit in India. This marks the country's first pure-play chip foundry project, estimated at $9-10 billion. The government will subsidize 50% of the investment under the Indian Semiconductor Mission, with additional subsidies from states. Proposals for outsourced assembly and testing (OSAT) units by HCL Group-Foxconn Group and the Tata group are also likely to be approved. The investments aim to bolster India's semiconductor manufacturing and fabrication ecosystem.

Tokyo Electron Ltd to supply equipment to Tata Electronics, train workforce at India’s first fab | Mint

Livemint

Livemint · 10m ago

Tokyo Electron Ltd to supply equipment to Tata Electronics, train workforce at India’s first fab | Mint

Japan's Tokyo Electron Ltd (TEL) has agreed to supply equipment and train employees for Tata Electronics, which is building India's first semiconductor fabrication facility. This partnership will help Tata Electronics achieve its execution targets as it aims to become a leader in electronics manufacturing. The company will invest a total of ₹91,000 crore in the chip fabrication unit in Gujarat and another ₹27,000 crore in a facility in Assam for assembly and testing. TEL will also support ongoing improvement and research initiatives and help establish a semiconductor manufacturing ecosystem in India.

Centre to expand semiconductor scheme, looks to get raw material suppliers: ISM chief

Economic Times

Economic Times · 10m ago

Centre to expand semiconductor scheme, looks to get raw material suppliers: ISM chief

The Indian government plans to expand its semiconductor chip fabrication and packaging scheme under the second phase of the India Semiconductor Mission. Around 20 proposals have been made by semiconductor chip fabrication units, display fabrication companies, raw material suppliers, and chip packaging companies. The goal is to attract more investment in the sector, promote the growth of the semiconductor industry, and strengthen the ecosystem by bringing in other companies such as raw material suppliers and gas companies. Currently, a proposal by Tower Semiconductor to set up a chip fabrication unit is under consideration.

Govt achieved several firsts in 2024 including approval of four semicon projects: Meity

Economic Times

Economic Times · 6m ago

Govt achieved several firsts in 2024 including approval of four semicon projects: Meity

The Ministry of Electronics and Information Technology has approved four semiconductor development projects in 2024. These include one chip fabrication project and three chip packaging units. The chip fabrication unit, a joint venture between Tata Electronics and Powerchip Semiconductor Manufacturing Corporation, will be located in Gujarat and have a capacity of manufacturing 50,000 wafer starts per month. Additionally, two chip packaging units will be built in Gujarat and Assam, with capacities of over 70 million chips per month combined. The ministry has also developed and deployed the India AI platform to encourage safe and trusted artificial intelligence deployment.

Cabinet greenlights Tata Group's chip fab unit in Gujarat; first semicon plant in northeast approved

Economic Times

Economic Times · 1y ago

Cabinet greenlights Tata Group's chip fab unit in Gujarat; first semicon plant in northeast approved

The Indian government has approved the construction of three semiconductor chip fabrication units in Gujarat and Assam, with an estimated investment of INR 1.26 lakh crore (approximately $17 billion). Tata Electronics will set up a semiconductor fab in partnership with Powerchip Semiconductor Manufacturing Corp (PSMC) in Gujarat, attracting an investment of INR 91,000 crore. Tata Semiconductor Assembly and Test will establish a unit in Assam with an investment of INR 27,000 crore. Additionally, CG Power will collaborate with Renesas Electronics and Stars Microelectronics to set up a semiconductor unit in Gujarat with an investment of INR 7,600 crore.

Dholera chip fab: India's leap into electronics manufacturing

Livemint

Livemint · 1y ago

Dholera chip fab: India's leap into electronics manufacturing

The Indian government has approved a proposal by Tata Electronics and its Taiwanese partner, Powerchip Semiconductor Manufacturing Corp., to set up a semiconductor chip fabrication factory in Gujarat's Dholera. The facility, expected to be operational within three years, will produce 3 billion chips annually in various sizes. This move is seen as a step towards achieving the goal of making electronics appliances fully in India and establishing a local semiconductor supply chain. It is also expected to boost local chip production and increase manufacturing capacity in the country.

India’s first semiconductor fab to begin production in 2026

Livemint

Livemint · 1y ago

India’s first semiconductor fab to begin production in 2026

Tata Group plans to start commercial production at India's first semiconductor fabrication unit, located in Assam, by 2026. The plant, operated by Tata Electronics, aims to produce semiconductor chips starting at 28 nanometers and will serve various sectors including automotive, power, electronics, consumer, and medical. Another semiconductor fabrication plant is also being developed in Dholera, Gujarat by Tata Electronics in partnership with Powerchip Semiconductor Manufacturing Corp. The goal is to establish India as a semiconductor nation and reduce dependency on international supply chains. The projects are expected to create over 50,000 jobs and attract significant investments.

Semiconductor Push: TCS Goes Full Throttle In Indian Chip Roll Out

Inc42 · 10m ago

Semiconductor Push: TCS Goes Full Throttle In Indian Chip Roll Out

Tata Consultancy Services (TCS) is collaborating with Tata Electronics to launch India's first domestically made chips by 2026. TCS has expertise in chip fabrication and will work alongside Tata Electronics in this venture. Tata Electronics has been forging partnerships with international companies and countries to secure semiconductor chips throughout the year.

Semiconductor mission may Get $10billion booster shot

Economic Times

Economic Times · 10m ago

Semiconductor mission may Get $10billion booster shot

The Indian Semiconductor Mission may receive a second budgetary allocation of up to $10 billion. This funding will be needed if the government approves a chip fabrication unit by Israeli firm Tower Semiconductor and the Adani Group, as well as other proposed projects currently under evaluation. The first phase of the Indian Semiconductor Mission has already exhausted its initial funds, including approvals for a chip fabrication unit by the Tata Group. The Maharashtra state government has recently approved a $10 billion semiconductor fab unit by Adani Group and Tower.

Maharashtra says Tower-Adani to set up $10 billion semiconductor unit

Economic Times

Economic Times · 10m ago

Maharashtra says Tower-Adani to set up $10 billion semiconductor unit

The Maharashtra cabinet panel has approved a $10 billion investment proposal from the Tower Semiconductor-Adani Group joint venture to establish a semiconductor chip manufacturing unit in Taloja. The facility will have a total capacity of 40,000 wafer starts per month in the initial phase and 80,000 wafer starts per month overall. The project is still under consideration by the India Semiconductor Mission and the Ministry of Electronics and Information Technology. If approved, it will be India's second chip manufacturing facility and the sixth semiconductor plant in the country.

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