{"id":25435,"date":"2024-03-05T15:52:03","date_gmt":"2024-03-05T07:52:03","guid":{"rendered":"https:\/\/ljdevice.com.tw\/cabinet-approves-3-chip-plants-including-two-tata-estimated-investment-rs-1-26-lakh-crore\/"},"modified":"2024-03-05T16:31:16","modified_gmt":"2024-03-05T08:31:16","slug":"cabinet-approves-3-chip-plants-including-two-tata-estimated-investment-rs-1-26-lakh-crore","status":"publish","type":"post","link":"https:\/\/ljdevice.com.tw\/de\/cabinet-approves-3-chip-plants-including-two-tata-estimated-investment-rs-1-26-lakh-crore\/","title":{"rendered":"Cabinet approves 3 chip plants, including two by Tata, at estimated investment of Rs 1.26 lakh crore"},"content":{"rendered":"

FEBRUARY 29, 2024<\/strong><\/p>\n

\"\"<\/p>\n

The Union Cabinet approved three semiconductor plant proposals, two in Gujarat and one in Assam, for an estimated cost of Rs 1.26 lakh crore.<\/p>\n

The proposals include India\u2019s first semiconductor fabrication plant or fab by Tata Electronics and Taiwan\u2019s Powerchip Semiconductor Manufacturing Corp. (PSMC) in Gujarat\u2019s Dholera at a projected cost of Rs 91,000 crore. The JV will have a capacity of 50,000 wafers per month, IT minister Ashwini Vaishnaw said on February 29.<\/p>\n

Chip fab scheme will employ 26,000 people directly and nearly 1 lakh indirectly, Vaishnaw said.<\/p>\n

ALSO READ<\/strong>\u00a0|\u00a0Cabinet Briefing Live: Cabinet approves 3 chip fab units, set to attract Rs 1.26 lakh crore in investments<\/a><\/p>\n

\u201cToday, the Prime Minister has taken an important decision to set up a semiconductor fab in the country. The first commercial semiconductor fab will be set up by Tata and Powerchip-Taiwan, whose plant will be in Dholera. After the Micron semiconductor plant in Sanand, a fab will now come up in Dholera,\u201d said Vaishnaw.<\/p>\n

\n
\n
Story continues below Advertisement<\/div>\n
\n
Remove Ad<\/div>\n<\/div>\n<\/div>\n<\/div>\n

“A typical semiconductor fab timeline for production is 3-4 years. But will try to compress it. Our country has today developed the assembly, testing, marking and packaging (ATMP) technology. Over a period of last many months, we have been able to develop ATMP technology,” added Vaishnaw.<\/p>\n

The Cabinet also approved Tata Semiconductor Assembly and Test Pvt. Ltd\u2019s chip assembly and testing unit in Assam at an investment of Rs 27,000 crore, Vaishnaw said.<\/p>\n

CG Power and Japan\u2019s Renesas will also set up a semiconductor plant in Gujarat\u2019s Sanand at an estimated cost of Rs 7,600 crore, producing 15 million chips per day, Vaishnaw added.<\/p>\n

These plants are in addition to a Rs 22,516-crore chip assembly plant being set up by US-based memory chip maker\u00a0Micron.<\/a><\/p>\n

The approved three semiconductor units are:<\/p>\n

1.\u00a0Semiconductor Fab with 50,000 wafers per month capacity:<\/strong><\/p>\n

Tata Electronics Pvt Ltd will set up a semiconductor fab in partnership with PSMC, Taiwan.<\/p>\n

Investment:<\/strong>\u00a0This fab will be constructed in Dholera, Gujarat. Investment in this fab will be Rs 91,000 crore.<\/p>\n

Technology partner:<\/strong>\u00a0PSMC is renowned for its expertise in logic and memory foundry segments. PSMC has six semiconductor foundries in Taiwan.<\/p>\n

Capacity:<\/strong>\u00a050,000 wafer starts per month (WSPM)<\/p>\n

Segments covered<\/strong><\/p>\n