Three Semiconductors Fabricating facilities unveiled worth over Rs 1 lakh crore
PM Modi participated in ‘India’s Techade: Chips for Viksit Bharat’ and laid the foundation stone of three semiconductor facilities worth about Rs 1.25 lakh crore on 13th March.
In line with this vision, the foundation stone is being laid for the Semiconductor fabrication facility at the Dholera Special Investment Region (DSIR), Gujarat along with the Outsourced Semiconductor Assembly and Test (OSAT) facility at Morigaon, Assam, and the Outsourced Semiconductor Assembly and Test (OSAT) facility at Sanand, Gujarat. PM Modi participated in ‘India’s Techade: Chips for Viksit Bharat’ and laid the foundation stone of three semiconductor facilities worth about Rs 1.25 lakh crore on 13th March.
The Semiconductor fabrication facility at the Dholera Special Investment Region (DSIR) will be set up by Tata Electronics Private Limited (TEPL) under the Modified Scheme for setting up of Semiconductor Fabs in India. With a total investment of over Rs. 91,000 crores, this will be the first commercial semiconductor fab in the country.
Read Also : GAIL organized 'Kanthasth 2.0' Hindi workshop
The Outsourced Semiconductor Assembly and Test (OSAT) facility in Morigaon, Assam will be set up by Tata Electronics Private Limited (TEPL) under the Modified Scheme for Semiconductor Assembly, Testing, Marking and Packaging (ATMP), and with a total investment of about Rs 27,000 crore.
The Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, will be set up by CG Power and Industrial Solutions Limited under the Modified Scheme for Semiconductor Assembly, Testing, Marking and Packaging (ATMP), and with a total investment of about Rs 7,500 crore.
Read Also : Kotak Mahindra Bank Standalone PAT for FY24 Rs 13,782 crore, up 26% YoYThe semiconductor ecosystem will be strengthened through these facilities and will be fostered in India. These units will also employ thousands of youth in the semiconductor industry as well as catalyze employment generation in related sectors like electronics, telecom, etc.
Read Also : IDBI Bank Limited Financial Results for Q4 FY 2024, reports 55% rise in profits on YoY basisNews Must Read
- REC Ltd received NOC to set up wholly owned subsidiary in Gift City, Gujarat
- Atanu Chakraborty Reappointed as part-time Chairman of HDFC Bank
- MRPL Q4 Results: Net profit slips 40%, Annual Gains Strong
- DMRC Celebrates 30th Foundation Day at Bharat Mandapam
- Sushil Sharma assumes additional charge of CMD, and Director (Personnel) of SJVN Limited
- Coal India Limited Board recommends final dividend, here to know
- Dr. Subhransu Sekhar Acharya assumes charge of NSIC CMD
- CIL reports mixed bag of results for Q4 of FY23-24
- NMDC's Promising Start to FY25, Targets 50 Million Tonnes
- RITES to take assessment for Vande Bharat Trains