1. Tata Electronics puts $14 billion into chip plants in Gujarat and Assam

Tata Electronics puts $14 billion into chip plants in Gujarat and Assam

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  • Tata Electronics plans to invest $14 billion to establish semiconductor manufacturing plants in Dholera and Assam.
  • The Dholera facility function as a fabrication plant, while the Assam site focuses on assembly, strengthening.
  • The government is ensuring policy continuity, which is essential for the growth of India's semiconductor industry.
  • These projects aim to create a robust domestic supply chain for semiconductors by securing numerous suppliers to support.

Source: economictimes.indiatimes.com

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