Five months after obtaining approval, Tata Electronics began to build its first integrated circuit (IC) back -end factory in Assam, East India. This is a milestone on the establishment of a local chip manufacturing ecosystem.Bangalore Wealth Management
Tata has begun to build a semiconductor manufacturing department in Assam, and held a foundation ceremony on August 3.The factory involves 270 billion Indian rupees (US $ 3.22 billion) investment, and it is expected to create 15,000 direct jobs and 11,000 to 13,000 indirect jobs.
The factory is expected to be put into operation in 2025 and will meet the needs of industries such as automobiles and mobile equipment.The factory will also focus on advanced semiconductor packaging technology, including Indian-developed lead bonds, inverted chips, and integrated system-level packaging (I-SIP) technology.Mumbai Investment
According to reports, the chairman of the Tata Group N CHANDRASEKARAN said: "Considering that we want to act quickly, we are trying to speed up the construction of the factory. We hope that at some time in 2025, we can complete the construction of some facilities and start operations quickly."" "
"Tata Group is proud to lead India's advanced electronic ecosystem under the leadership of Indian Prime Minister Modi. The innovative -driven industry will promote Assam to enter the global electronic supply chain ecosystem. Tata Group and AssamBang has a close contact, and its 60,000 employees are engaged in various industries here, "N CHANDRASEKARAN said in his speech.
Indian Electronics and IT Minister Ashwini Vaishnaw pointed out that the project is expected to create employment opportunities in upstream and downstream industries.In February this year, the Indian government approved the proposal of the Assam factory and other investments in Tata in Gujarat.Varanasi Wealth Management
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