Ratan Tata had profound affection for Assam: Tata Sons Chairman N Chandrasekaran

Ratan Tata, N Chandrasekaran

Tata Sons Chairman N Chandrasekaran on February 25 said Assam holds a special place in the heart of the Tata Group, a relationship cemented with the setting up of a semiconductor assembly and testing facility in the state.

"This connection is deeply personal for us, especially because of the profound affection and respect Shri Rata Tata ji had for the state of Assam," he said at the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati.

Chandrasekaran hailed the government’s Act East policy, saying it has brought fast-paced growth to Assam. "It has led to a paradigm shift in the development of the state and the north-east region. The state has seen unprecedented growth towards becoming an industrial hub and could become a trade corridor for ASEAN," he said.

The Tata Group, which has a large, long and significant presence across sectors in Assam, employs more than 55,000 people in the state, he added.

Talking about the group's semiconductor assembly and test plant in Morigaon, he said, "2024 was the most defining year for the relationship between Tata Group and the state of Assam. Our new company, Tata Electronics, announced the establishment of India's first indigenous semiconductor assembly… and put Assam on the map of the global semiconductor industry and supply chains." The project, which will see an investment of Rs 27,000 crore,  is progressing at a "break-neck" speed, he said.

"One day, the cars that you drive, the mobile phones that you use, the televisions you watch, the medical equipment that check your body and the home appliances that you use in daily lives, all will be powered by the chips packaged here in Jagiroad," Chandrasekaran said.

The Tata Group will invest in another large manufacturing facility for electronics and mobile technology in Assam over the next five years, he said, adding the unit will have a similar investment and create more than 30,000 jobs.

Also read: RIL Chairman Mukesh Ambani pledges Rs 50,000 crore investment in Assam over next 5 years

Semiconductors are the backbone of a modern society and globalisation wouldn't have been possible chips and electronic devices," Chandrasekaran said. “Today, countries are recognizing how self-sufficiency in semiconductors is a matter of national security. It is critical for our country," he said.