Cabinet Clears 3 Semiconductor Units With Rs 1.26 Lakh Crore Investment, Including India’s 1st Commercial Fab – News18

0
9
Cabinet Clears 3 Semiconductor Units With Rs 1.26 Lakh Crore Investment, Including India’s 1st Commercial Fab – News18


(*3*)Union IT Minister Ashwini Vaishnaw broadcasts Union Cabinet’s choices on Thursday.

The nation’s first industrial fab will likely be arrange by Tata and Powerchip Taiwan in Dholera; Cabinet additionally approves a semiconductor plant every in Assam and Gujarat’s Sanand

In a serious resolution, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday permitted a semiconductor fab in India, Union IT Minister Ashwini Vaishnaw on Thursday stated. He stated the nation’s first industrial fab will likely be arrange by Tata and Taiwan’s PSMC in Dholera, Gujarat, at a projected price of Rs 91,000 crore.

Apart from this, two extra semiconductor items have additionally been permitted within the nation, one in Assam and one in Gujarat’s Sanand.

The Cabinet has permitted Tata Semiconductor Assembly Test’s semiconductor meeting and testing unit in Assam at an funding of Rs 27,000 crore, stated Vaishnaw.

CG Power and Japan’s Renesas will even arrange a semiconductor plant in Gujarat’s Sanand at an estimated price of Rs 7,600 crore producing 15 million chips per day, he stated.

Briefing the media on the Cabinet resolution on India’s first industrial fab in India on Thursday, Vaishnaw stated, “In the semiconductor fab, 50,000 wafers will be manufactured per month. In a wafer, there are roughly 5,000 chips. As per this, around 300 crore chips will be manufactured in a year in this plant.”

These chips will cater to eight sectors, together with excessive-energy computing, electrical automobiles, telecom, defence, client electronics, vehicles, and energy electronics, he stated.

“The first efforts to set up the semiconductor fab were made in 1962, then in 1980, 1984, 2005, 2007 and 2011. Success is achieved only when both intention and policy are clear. Today, it has become possible under Prime Minster Narendra Modi to set up India’s first commercial semiconductor fab,” Vaishnaw stated.

He stated basis laying will likely be completed very quickly, like what we noticed within the case of Micron’s facility in Sanand, Gujarat, the place the development was began inside simply 90 days.



Source hyperlink