The Union Cabinet has granted approval for the establishment of three semiconductor plants in India, a significant step towards bolstering the country's semiconductor manufacturing capabilities.
Ashwini Vaishnaw, Minister of Electronics & Information Technology, unveiled this decision on Thursday, emphasizing that construction activities would commence within the forthcoming 100 days.
Vaishnaw highlighted the pivotal decision taken by the Prime Minister to establish a semiconductor fab in India, with the inaugural commercial semiconductor fab slated to be established by Tata in collaboration with Powerchip-Taiwan, with their facility situated in Dholera.
Tata Electronics Private, in conjunction with Powerchip Semiconductor Manufacturing Corp, will spearhead the establishment of a semiconductor manufacturing facility in Dholera, Gujarat.
Furthermore, another facility, valued at Rs 27,000 crore, will be erected by Tata Semiconductor Assembly and Test Pvt Ltd in Morigaon, Assam.
Additionally, CG Power, in partnership with Renesas Electronics Corp from Japan and Stars Microelectronics from Thailand, will undertake the establishment of a semiconductor unit in Gujarat.
The cumulative investment for these three plants is estimated to amount to Rs 1.26 lakh crore, with individual investments earmarked at Rs 91,000 crore in Dholera, Rs 27,000 crore in Assam, and Rs 7,600 crore in Sanand.
Together, these semiconductor manufacturing facilities will possess the capacity to produce 50,000 wafers per month, translating to approximately 3 billion chips annually.
This initiative complements the semiconductor plant announced by Micron in Sanand last year, valued at Rs 22,516 crore, further solidifying India's position in semiconductor manufacturing.
