Under 100 Words: A Compact Summary
The Union Cabinet approved three semiconductor plants in Gujarat and Assam, costing Rs 1.26 trillion. Key projects include Tata and Powerchip-Taiwan’s collaborative semiconductor fab in Dholera, Gujarat, with an investment of Rs 91,000 crore. The initiative, aimed at a 3-4-year production timeline, expects to directly employ 26,000 and indirectly benefit nearly 1 lakh individuals, marking significant progress in India’s semiconductor ecosystem (Cabinet approves 3 chip plants).
- The Union Cabinet greenlit three semiconductor plant plans, with two in Gujarat and one in Assam, costing Rs 1.26 trillion.
- The proposals feature India’s initial semiconductor fab by Tata Electronics and Taiwan’s Powerchip Semiconductor Manufacturing Corp. (PSMC) in Gujarat’s Dholera, expected to cost Rs 91,000 crore.
- The joint venture aims for a monthly capacity of 50,000 wafers, as highlighted by IT Minister Ashwini Vaishnaw on February 29 (Cabinet approves 3 chip plants).
- The chip fab initiative is anticipated to directly employ 26,000 individuals and indirectly benefit nearly 1 lakh, according to Vaishnaw.
- “Today, the Prime Minister made a significant decision to establish a semiconductor fabrication facility in the country. The inaugural commercial semiconductor fab will be established through a collaboration between Tata and Powerchip-Taiwan, with their plant located in Dholera. Following the Micron semiconductor plant in Sanand, a new fab will be established in Dholera,” stated Vaishnaw.
- The Prime Minister’s decision to establish a semiconductor fabrication facility is pivotal, aiming for a 3-4-year production timeline compression. Our nation has developed Assembly, Testing, Marking, and Packaging (ATMP) technology.
- Tata Semiconductor Assembly and Test Pvt. Ltd’s chip assembly and testing unit in Assam, with an investment of Rs 27,000 crore, got Cabinet approval (Cabinet approves 3 chip plants).
- Additionally, CG Power and Renesas will set up a semiconductor plant in Gujarat’s Sanand at Rs 7,600 crore, producing 15 million chips daily (Cabinet approves 3 chip plants).
- These initiatives complement the ongoing Micron chip assembly plant worth Rs 22,516 crore. The approved units include Tata Electronics and PSMC’s Semiconductor Fab in Dholera, Gujarat, with an investment of Rs 91,000 crore and a monthly capacity of 50,000 wafers.
- Another Semiconductor ATMP unit by Tata in Assam with an investment of Rs 27,000 crore and a capacity of 48 million per day. Lastly, CG Power and Renesas’ Semiconductor ATMP unit in Sanand, Gujarat, with an investment of Rs 7,600 crore and a capacity of 15 million per day (Cabinet approves 3 chip plants).
- The India Semiconductor Mission has achieved significant success, establishing a semiconductor ecosystem, enhancing chip design capabilities, and fostering advanced packaging technologies in India.
- These units are expected to generate 20,000 direct advanced technology jobs and approximately 60,000 indirect jobs, boosting employment in downstream industries.
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