September 18, 2024

Tata’s Rs 27K-cr Assam chip plant to start in 2025; create 27K jobs initially

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Tata Electronics on Saturday 3 August began the construction of its Rs 27,000-crore chip assembly plant in Assam, which is expected to become operational  next year and create 27,000 jobs initially.The plant will produce 4.83 crore chips per day using indigenously-developed technologies.

The plant’s Bhumi Pujan (foundation stone laying) ceremony was held at the project site at Jagiroad in Morigaon district in the presence of Assam Chief Minister Himanta Biswa Sarma and Tata Sons Chairman N Chandrasekaran. Speaking on the occasion, Chandrasekaran said the company has already employed 1,000 people from Assam and as the facility expands it will bring entire semiconductor ecosystem companies.

“At its capacity, it will employ 27,000 people, 15,000 direct jobs and additional 12,000 indirect jobs. The project was approved by the Union Cabinet chaired by Prime Minister Narendra Modi on February 29, 2024. Union Electronics and IT minister Aswhini  Vaishnaw on Saturday said that the construction of the plant has started within a short span of five months after the approval.

The minister said that the chips manufactured at the Tata plant will be used in vehicles, including electric vehicles, and practically every large company will be using their chips

The chief minister assured the chairman of Tata Sons that the company will face no difficulty in setting up this industry and the people of Assam will always be grateful for this facility.

“The setting up of this facility will herald industrial development in the state leading to employment opportunities for the youth’, Sarma said after the Bhumi pujan.

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