Union Minister Ashwini Vaishnaw confirms India’s first domestically produced semiconductor chip to be unveiled by December 2024, aligning with PM Modi’s tech vision.
In a significant development for both Assam’s industrial landscape and India’s semiconductor industry, industrialist and philanthropist Ratan Tata announced a substantial investment of Rs 27,000 crore towards establishing a semiconductor plant in Jagiroad, Assam. This move, hailed as transformative by Tata, is poised to place Assam prominently on the global semiconductor manufacturing map.
Collaborating with the Assam government, Tata Group has been instrumental in various initiatives, including setting up cancer care hospitals across the state. Ratan Tata expressed gratitude to Chief Minister Himanta Biswa Sarma for his unwavering support and vision, acknowledging his pivotal role in making this endeavour possible.
Union Minister Ashwini Vaishnaw affirmed that India’s first domestically produced semiconductor chip is slated to be unveiled by December 2024. This ambitious undertaking underscores the government’s commitment to bolstering electronics manufacturing, aligning with Prime Minister Narendra Modi’s vision for a technologically advanced India.
Prime Minister Modi’s recent inauguration of three semiconductor facilities, with substantial investments totalling approximately Rs 1.25 lakh crore, marks a crucial milestone in India’s semiconductor journey. Tata Group’s involvement in setting up two of these plants, one each in Gujarat and Assam, signifies their strategic positioning within the burgeoning semiconductor sector.
Tata Semiconductor Assembly and Test Pvt Ltd (“TSAT”) is spearheading the establishment of a semiconductor unit in Morigaon, Assam, with a staggering capacity to produce 48 million chips per day. This facility, catering to diverse sectors such as automotive, electric vehicles, consumer electronics, telecom, and mobile phones, underscores the breadth of its impact on various industries.
Assam Chief Minister Himanta Biswa Sarma emphasized the significance of integrating the northeast region into the technological revolution initiated by Prime Minister Modi, highlighting the paradigm shift in industrial focus and inclusivity.
With the commercial production of semiconductor chips slated to commence in 2026 at the Gujarat and Assam plants, Tata Group aims to address chip shortages experienced during the Covid-19 pandemic. This indigenous manufacturing initiative not only addresses national security concerns but also fosters indigenous innovation, positioning India as a key player in the global semiconductor landscape.
Meanwhile, the rapid progress of American chip maker Micron’s high-end semiconductor fabrication plant in Gujarat’s Sanand underscores India’s strides towards bolstering its semiconductor infrastructure. Expected to be operational by late 2024, this venture further accentuates India’s emergence as a formidable contender in semiconductor manufacturing.
As India marches towards self-reliance in semiconductor production, the Assam semiconductor plant stands as a beacon of technological advancement and economic empowerment. Ratan Tata’s visionary investment underscores the potential for transformative growth in Assam, propelling the state onto the global stage of semiconductor manufacturing.
The collaborative efforts between the private sector and the Assam government signify a paradigm shift in industrial development strategies, fostering a conducive environment for innovation and investment. With the establishment of cutting-edge semiconductor facilities, Assam is poised to emerge as a hub for technological innovation, attracting further investments and talent to the region. The commitment to indigenous semiconductor manufacturing not only addresses immediate supply chain challenges but also lays the foundation for sustained economic growth.