Moneycontrol PRO
HomeNewsBusinessCompaniesSemiconductor manufacturing will put Assam on global map, says Ratan Tata

Semiconductor manufacturing will put Assam on global map, says Ratan Tata

Tata Semiconductor Assembly and Test Pvt Ltd will set up a semiconductor unit in Assam. With a capacity of producing 48 million chips per day, this facility is being built for Rs 27,000 crore

March 20, 2024 / 18:58 IST
Ratan Tata posted on X that Today, the state government of Assam in partnership with the Tata group will make Assam a major player in sophisticated semiconductors

Industrialist and philanthropist Ratan Tata said that Tata's manufacturing of semiconductors in Assam will put the state on the global map. Assam CM Sarma called on Tata Sons Emeritus Chairman Ratan Tata and Chairman N Chandrasekaran and thanked them for setting up the semiconductor facility.

In a post on X, Ratan Tata wrote, "The investments being made in Assam transform the state in complex treatment for cancer care. Today, the state government of Assam in partnership with the Tata group will make Assam a major player in sophisticated semiconductors. This new development will put Assam on the global map. We wish to thank the Chief Minister of Assam Mr. Himanta Biswa Sarma for his support and vision that has made all this possible.


Responding to the tweet, Sarma said, "Thank you so much Shri @RNTata2000 ji for your valuable insights, gracious hospitality and above all your confidence in a #ViksitAssam". He said during "my deliberations with the Tata leadership, we agreed to create a skill development centre that will be co-located within the premises of the semiconductor facility in Jagiroad". He said during "my deliberations with the Tata leadership, we agreed to create a skill development centre that will be co-located within the premises of the semiconductor facility in Jagiroad".

 


This centre will empower youths from the East by offering them courses in Artificial Intelligence, semiconductors and electronics and help them secure jobs in the Jagiroad unit, he said. Already 1,500 youth from Assam, mainly women, are undergoing training at Tata facilities in and around Bangalore. "This will place them in a leadership position once the semiconductor facility becomes operational in 2025", Sarma added.

"On behalf of the people of Assam, today in Mumbai I conveyed our heartfelt gratitude to Shri @RNTata2000 and Shri N Chandrasekharan for displaying remarkable conviction and faith in our State to execute this mega game-changing investment", he posted on 'X'. "We expect the first chips to roll out by 2025", he added.

Tata Semiconductor Assembly and Test Pvt Ltd ("TSAT") will set up a semiconductor unit in Assam. With a capacity of producing 48 million chips per day, this facility is being built for Rs 27,000 crore.

Moneycontrol News
first published: Mar 20, 2024 06:12 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347