News Reporter
Cabinet Approval Paves the Way for Tata Group's State-of-the-Art Semiconductor Facility in Morigaon
New Delhi, 1 March, 24: In a landmark development for Assam's economic landscape, the state is set to welcome its largest-ever private investment – a whopping ₹27,000 crore semiconductor plant by the Tata Group. The announcement was made by Chief Minister Dr. Himanta Biswa Sarma, who expressed immense gratitude to Prime Minister Narendra Modi for facilitating the monumental investment, which promises to reshape the region's industrial trajectory.
The semiconductor plant, approved by the Cabinet on 29th February 2024, represents a significant milestone for Assam's ambitions in the semiconductor industry. Tata Semiconductor Assembly and Test Pvt Ltd will spearhead the project, with Morigaon chosen as the site for the state-of-the-art facility.
With a capacity to produce 48 million semiconductor units per day, the plant is poised to cater to diverse sectors including automotive, electric vehicles, consumer electronics, telecom, and mobile phones. Equipped with indigenous advanced semiconductor packaging technologies such as flip chip and ISIP (integrated system in package), the facility promises to bolster India's semiconductor capabilities and contribute to the country's vision of self-reliance in semiconductor manufacturing.
The monumental investment is expected to trigger a new wave of industrial growth in Assam and the entire Northeast region, creating a ripple effect of job opportunities and economic prosperity. The Chief Minister commended the Tata Group for its bold decision to invest in Assam's future, lauding it as a testament to the state's conducive business environment and potential for growth.
Dr. Himanta Biswa Sarma also extended heartfelt appreciation to Union Minister Shri Ashwini Vaishnaw and the Ministry of Electronics and Information Technology (MeitY) for their instrumental role in navigating the project to fruition. He emphasized that the semiconductor plant would not only bolster Assam's economy but also serve as a catalyst for technological innovation and skill development in the region.
The announcement of the semiconductor plant has been met with widespread acclaim and optimism, with stakeholders hailing it as a transformative development that will propel Assam into a new era of industrial excellence and opportunity. As Assam prepares to embark on this groundbreaking journey, all eyes are on the Tata Group's semiconductor unit to usher in a new dawn of progress and prosperity for the state and the nation at large.