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Tata, Israel's Tower vie for big slice of ₹4,000-crore Mohali chip plant revamp

Livemint

Livemint · 1m ago

Tata, Israel's Tower vie for big slice of ₹4,000-crore Mohali chip plant revamp

Tata Semiconductor and Israel's Tower Semiconductor are competing for a significant portion of a ₹4,000-crore project to upgrade the Semi-Conductor Laboratory (SCL) in Mohali. The project aims to enhance SCL's existing 180-nanometer fabrication line. Both companies have passed the technical bid stage, demonstrating their capability and expertise, and will now proceed to the financial bid round to determine the winner. This project is part of India's efforts to bolster its chip manufacturing capabilities.

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India Reviews $21 Bn Proposals To Fast Track Chip Manufacturing Market

Inc42 · 1y ago

India Reviews $21 Bn Proposals To Fast Track Chip Manufacturing Market

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.

Is Adani's semiconductor play a long-term game?

Livemint

Livemint · 10m ago

Is Adani's semiconductor play a long-term game?

The Adani group is planning to manufacture microchips for its own businesses and for global and domestic customers at a fabrication plant in Maharashtra. The conglomerate has partnered with Israel's Tower Semiconductor for this project, which aims to have a total capacity of 40,000 wafer starts per month. Adani hopes to tap into the fabless model, where companies design chips and have them manufactured by another company. The chip business is expected to become one of Adani's largest and will cater to government contracts in various sectors. This move aligns with India's goal of becoming a major player in the semiconductor industry.

Tata's Assam Semiconductor Plant To Be Ready By Mid-2025

Inc42 · 1y ago

Tata's Assam Semiconductor Plant To Be Ready By Mid-2025

Tata Electronics is planning to invest INR 27,000 crore to set up a semiconductor chip manufacturing plant in Assam, India. The project is expected to generate over 27,000 direct and indirect employment opportunities in the region. Around 85,000 individuals are currently undergoing training in semiconductor chip design at various academic institutions across the country. The proposed Assam plant aims to have a production capacity of 4.83 crore semiconductor chips per day.

Semiconductor mission may Get $10billion booster shot

Economic Times

Economic Times · 11m 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.

Intel to get $3.2 billion government grant for new $25-billion Israel chip plant

Economic Times

Economic Times · 1y ago

Intel to get $3.2 billion government grant for new $25-billion Israel chip plant

Israel's government has agreed to grant Intel Corp a $3.2 billion subsidy for its planned $25 billion chip plant in southern Israel. As part of the deal, Intel will also commit to purchasing $16.6 billion worth of goods and services from Israeli suppliers over the next decade. The expansion of the Kiryat Gat site is already underway and is expected to create several thousand jobs. The plant is set to open in 2027 and operate until 2035.

Tata Group looking for Taiwanese partner for Dholera semicon plant

Economic Times

Economic Times · 1y ago

Tata Group looking for Taiwanese partner for Dholera semicon plant

Indian conglomerate Tata Group is reportedly exploring potential partnerships with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group for its proposed chip fabrication plant in Gujarat, India. Tata aims to manufacture chips with nodes ranging from 65 nm to 28 nm, targeting applications such as GPUs, consumer electronics, and the internet of things. The initial capacity of the plant is estimated to be 25,000 wafers per month. Tata's chipmaking plant will be the first of its kind set up by an Indian conglomerate.

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

Economic Times

Economic Times · 11m 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.

Gujarat Govt Allots 188 Acres To Tata And CG Power For Chip Plants

Inc42 · 1y ago

Gujarat Govt Allots 188 Acres To Tata And CG Power For Chip Plants

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.

India Set To Host Two Multi-Billion Dollar Semiconductor Plants: MoS IT Announces

OutlookIndia

OutlookIndia · 1y ago

India Set To Host Two Multi-Billion Dollar Semiconductor Plants: MoS IT Announces

India is set to establish two semiconductor fabrication plants with multi-billion dollar investments, as well as several chip assembly and packaging units. Rajeev Chandrasekhar, Minister of Electronics and IT, confirmed that Tower Semiconductors from Israel has proposed an $8 billion project, while Tata Group has also submitted a project. The government has received four proposals for semiconductor manufacturing plants and 13 for chip assembly and testing units. India aims to become a global leader in electronics manufacturing and hopes to achieve $300 billion of electronics manufacturing by 2026-27.

Tata to announce semiconductor unit 'soon', says Chairman N Chandrasekaran

Livemint

Livemint · 1y ago

Tata to announce semiconductor unit 'soon', says Chairman N Chandrasekaran

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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