Tata Semiconductor Assembly and Test Pvt Ltd will set up a semiconductor unit in Morigaon, Assam, at an investment of Rs 27,000 crore.
Tag: semiconductor
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Manufacturing of semiconductors will start soon in the country, Micron is setting up a plant in Gujarat.
In the last few years, many industries are facing difficulties due to shortage of semiconductors. Due to this, production in the automobile sector has also been affected. The central government has also announced incentives for semiconductor manufacturing in the country. American company Micron Technology may soon start manufacturing semiconductors in the country. Micron Technology is preparing to set up an advanced semiconductor assembly plant in Sanand, Gujarat. Tata Projects will construct this plant. This plant will be in 93 acres. “This is the largest project under the India Semiconductor Mission (ISM),” Tata Projects said. This plant is to be started by the end of next year. Dynamic Random Access Memory (DRAM) and Non-Volatile Flash Memory (NAND) will be tested and assembled in this plant of Micron Technology. Tata Projects said that this plant will be designed as per the LEED Gold Standards of Green Building Council. Electronics and Information Technology Minister, Ashwini Vaishnaw said that the construction of the country’s first semiconductor plant is starting in Gujarat. Recently, Prime Minister Narendra Modi had announced to provide 50 percent financial assistance from the Central Government to those setting up semiconductor manufacturing units in the country. He had said that his government has provided many facilities for the semiconductor industry. Modi said that there will be strong growth of semiconductor industry in the country. In the Semicon India conference, Modi had said that an ecosystem is being created for the semiconductor industry in the country. He had told that 300 colleges have been identified to start courses on semiconductor design. Modi had to say that behind every industrial revolution in the world were the ambitions of the people. Along with this, he had said that he believes that the reason for the fourth industrial revolution will be India’s ambitions. Reliance Industries also plans to enter semiconductor manufacturing. With this, the increasing demand for semiconductors in the country can be met. This company, which does business from energy to telecom, is in talks with foreign chipmakers for technology partnership. -
Mukesh Ambani eyes semiconductor manufacturing, Reliance in talks with foreign chipmakers
Billionaire Mukesh Ambani’s Reliance Industries plans to enter semiconductor manufacturing. With this, the increasing demand for semiconductors in the country can be met. This company involved in business ranging from energy to telecom is in talks with foreign chipmakers for technology partnership. Sources with knowledge of this said, “This is a plan and there is no time limit on it.” Sources said that Reliance has not decided whether it wants to invest in this sector or not. It is not known with which foreign companies Reliance is in talks. A request for comment sent to Reliance in this regard has not received a response. The Prime Minister’s Office and the IT Ministry also did not respond to requests for comment. Prime Minister Narendra Modi had said about two years ago that he wanted to make the country a hub of semiconductor manufacturing for the world. Recently Modi had told that an ecosystem is being prepared for the semiconductor industry in the country. Technology companies will be given 50 percent financial assistance for setting up semiconductor manufacturing units in the country. He said that India is becoming a hub for investment in the semiconductor sector. The world needs a reliable chip supply chain. There is no chip manufacturing plant in the country. However, Vedanta and Taiwan’s Foxconn have planned to set up semiconductor manufacturing plants. Sources, on the condition of anonymity, said that Reliance can get ease in its telecom and electronic devices business through semiconductor manufacturing. The company had postponed the launch of low-cost smartphones about two years ago due to chip shortage. The demand for semiconductors is also increasing in the country and abroad. The central government estimates that the country’s chip market will grow to about $ 80 billion by 2028. This market is currently worth around $23 billion. Arun Mampazhy, a former executive of US chipmaker GlobalFoundries, says that Reliance, with a market capitalization of about $ 200 billion, is among the companies best placed to enter the semiconductor industry in the country.