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Cabinet greenlights Tata Group's chip fab unit in Gujarat; first semicon plant in northeast approved
Economic Times
·
1y ago
Medial
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.
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India Inches Closer To Getting Its First Semiconductor Fab Unit
Inc42
·
10m ago
Medial
Taiwanese electronics company PSMC has signed an agreement with Tata Electronics to provide design and construction support for an AI-enabled greenfield plant in Gujarat. PSMC will also license various technologies and offer engineering support to Tata Electronics' unit in Gujarat. This development follows the approval by the Union Cabinet to establish a semiconductor fab in partnership with PSMC.
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India approves $15B in semiconductor plant investments
TechCrunch
·
1y ago
Medial
India has approved a $15.2 billion investment to build three semiconductor plants, including its first semiconductor fab facility, in an effort to compete with China and Taiwan in the chip race. The plants will focus on general-purpose applications rather than AI chips. The first fab facility will be set up by Tata Group and Taiwan's Power Chip in Gujarat. The government has also approved an investment in a semiconductor assembly unit in Assam and a specialized chip facility in Gujarat. These investments aim to boost India's domestic semiconductor sector and generate employment opportunities.
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Tata Electronics Inks MoU With Synopsys For Gujarat Fab Plant
Inc42
·
1y ago
Medial
Tata Electronics has partnered with Synopsys to develop a foundry design platform to enhance chip development at its AI-enabled semiconductor fab. Synopsys, a US-based company, offers electronic design automation, silicon IP, and system verification and validation services to semiconductor companies. The collaboration is expected to boost Tata Electronics' chip development capabilities. In February, the Indian government approved the establishment of Tata Group's semiconductor fab in Dholera, in collaboration with Taiwan's PSMC.
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Tata to announce semiconductor unit 'soon', says Chairman N Chandrasekaran
Livemint
·
1y ago
Medial
Indian conglomerate Tata Sons is planning to announce a substantial investment in a semiconductor chip fab in the near future. The chairman, N Chandrasekaran, mentioned the conglomerate's forward-looking approach and its investments in Air India and the electronics and semiconductor sector. Details about the semiconductor manufacturing facility were not disclosed. There are reports that Tata Group is considering partnerships with Taiwanese chipmakers for the proposed chip fabrication plant in Gujarat. Chandrasekaran highlighted the group's commitment to advancing semiconductor technology and India's advantageous position to capitalise on changes in the supply chain and advanced manufacturing.
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Union Cabinet approves Kaynes Semicon's Gujarat chip unit proposal
Economic Times
·
11m ago
Medial
The Union Cabinet has approved Kaynes Semicon Pvt Ltd's proposal to establish a semiconductor unit in Sanand, Gujarat. Initially planning to set up in Telangana, Kaynes will now invest ₹3,300 crore in Gujarat. The unit will produce chips for industrial, automotive, consumer electronics, telecom, mobile phones, and electric vehicles. This move is part of a larger effort to develop a strong semiconductor ecosystem, with three other units already approved for construction in Gujarat and Assam, amounting to an investment of approximately ₹1.5 lakh crore and a combined capacity of seven crore chips per day.
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First chip from Dholera plant by 2026 end: PSMC chairman Frank Huang
Economic Times
·
1y ago
Medial
The Tata Group and Powerchip Semiconductor Manufacturing Corporation (PSMC) are partnering to set up a semiconductor chip manufacturing plant in Gujarat. The first chip is expected to be ready by the end of 2026. The joint venture (JV) between the two companies is focused on technology transfer at the moment, with investment plans to be discussed later. The Indian government is estimated to subsidize up to 70% of the project cost. The Dholera unit is set to become India's first commercial semiconductor fab. The plant will start with manufacturing 28nm chips and will gradually move towards higher-end chips. The partnership was chosen due to the Tata Group's financial capabilities and government subsidies. The Taiwanese company was approached by the Indian government in 2022 and had discussions with other conglomerates as well. The project is seen as a significant step for India's growth in the manufacturing and chip space.
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Gujarat Govt Allots 188 Acres To Tata And CG Power For Chip Plants
Inc42
·
1y ago
Medial
India has received investment proposals of over INR 2.5 lakh crore from global chip makers, according to the Minister of State for Electronics and IT. The Union Cabinet recently approved the setting up of the country's first semiconductor fab by Tata Group in partnership with Taiwan's Powerchip Semiconductor Manufacturing Corp. The Tata Group has been allotted 160 acres of land in Dholera for this purpose, while CG Power has been offered 28 acres in Sanand for its assembly, testing, marking, and packaging plant. The ground-breaking ceremony for both projects is scheduled for 13 March.
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India’s Semiconductor Push: Ashwini Vaishnaw Says First Homegrown Chip to Arrive This Year
OutlookIndia
·
5m ago
Medial
India is set to launch its first homegrown semiconductor chip from a commercial fab by September or October, as announced by Union Minister Ashwini Vaishnaw. The initiative is part of the Semicon India program, aiming to build a comprehensive semiconductor ecosystem. Significant investments in the electronics sector and research into gallium nitride, alongside educational initiatives, underpin this push. Tata Electronics and Powerchip Semiconductor are constructing a facility, with Micron also progressing in Gujarat.
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Tata Electronics signs tech pact with US chip firm for Dholera fabrication plant
Livemint
·
1y ago
Medial
Tata Electronics has signed an MoU with Synopsys to collaborate on various technological aspects. Synopsys' offerings will be used in Tata Electronics' upcoming semiconductor fabrication plant in Gujarat. The collaboration will involve areas such as factory automation, data analytics, and technology transfer. The partnership aims to offer integrated solutions across the electronics manufacturing value chain. The Dholera fab is expected to produce 3 billion chips per year and cater to various industries including smart appliances, railways, and defense. The partnership could enhance India's semiconductor supply chain and attract clients to the chip fab.
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India Reviews $21 Bn Proposals To Fast Track Chip Manufacturing Market
Inc42
·
1y ago
Medial
Tower Semiconductor from Israel and Tata Group from India have proposed large-scale chip manufacturing projects in the state of Gujarat, with a combined investment of $17 billion. Tower Semiconductor plans to scale up its plant to eventually produce 80,000 silicon wafers per month, while Tata Group intends to construct a chip fabrication unit and a chip-packaging plant. These proposals are part of the Indian government's efforts to boost chip manufacturing within the country, which is projected to reach a market value of $55 billion by 2026.
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