New Delhi: Prime Minister Narendra Modi is about to digitally grace the occasion ‘India’s Techade: Chips for Viksit Bharat’ on Wednesday, the place he’ll just about inaugurate three monumental semiconductor ventures, collectively valued at Rs 1.25 lakh crore. On this important day, the Prime Minister may even share his insights with the nation’s youth.
Realizing the Prime Minister’s dream of remodeling India right into a powerhouse of semiconductor design, manufacturing, and innovation, the groundwork shall be laid for the Semiconductor fabrication unit at Dholera Special Investment Region (DSIR) in Gujarat, together with two Outsourced Semiconductor Assembly and Test (OSAT) services—one in Morigaon, Assam, and the opposite in Sanand, Gujarat.
These state-of-the-art services are poised to fortify India’s semiconductor panorama and safe a sturdy place for the nation on this high-tech area. They promise to unlock 1000’s of job alternatives for the Indian youth, not solely inside the semiconductor sector but in addition in ancillary industries akin to electronics and telecommunications.
The occasion is anticipated to attract a powerful crowd, together with an unlimited variety of faculty college students and eminent figures from the semiconductor sphere.
Tata Electronics Private Limited (TEPL) is tasked with establishing the DSIR’s Semiconductor fabrication facility below the Modified Scheme for establishing of Semiconductor Fabs in India. This mission, with an funding exceeding Rs 91,000 crore, marks the debut of the nation’s first business semiconductor fabrication plant.
The Morigaon OSAT facility, additionally below the aegis of TEPL, will come to life by means of the Modified Scheme for Semiconductor Assembly, Testing, Marking, and Packaging (ATMP), with an funding nearing Rs 27,000 crore.
Similarly, CG Power and Industrial Solutions Limited will spearhead the creation of the Sanand OSAT facility below the identical scheme, with an funding of roughly Rs 7,500 crore.
