Tata group's semiconductor assembly and test plant in Assam's Morigaon, which will see an investment of Rs 27,000 crore, is likely to produce up to 48 million semiconductor chips every day, a government statement said on November 17.
The plant will employ advanced packaging technologies like flip chip and integrated system in package (ISIP), the statement said.
The project, which has been designed to cater to essential sectors such as automotive, electric vehicles, telecommunications, and consumer electronics, is expected to be completed by mid-2025.
"The Morigaon unit goes beyond technological development, it brings significant socio-economic benefits by generating 15,000 direct and 11,000-13,000 indirect jobs, contributing to regional economic growth in Assam and nearby areas. As a high-capacity production site, the facility’s daily output will serve both domestic and international markets, positioning India as a competitive force in the global semiconductor supply chain." it said.
According to industry estimates, the Indian semiconductor market stood at approximately $38 billion in 2023, with projections indicating growth to $109 billion by 2030.
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