Tata Group aims to commence commercial production of semiconductor chips at its plants in Gujarat and Assam, both of which had their foundation stones laid on Wednesday, by 2026.
Speaking to reporters after the ceremony, Tata Sons Chairman Natarajan Chandrasekaran stated, “We are accelerating the timeline. Typically, a fab takes four years, (but) our goal is to produce the chip in the calendar year 2026 – hopefully the later part of the year…We have a very aggressive timeline…(in) Assam (unit, it) will be done earlier, we may go commercial production in Assam even in late 2025 and early 2026.”
Chandrasekaran also announced, “We will create 50,000 jobs in this journey and this is just a beginning. Today our journey to build semiconductor has begun. For the first time India will have capabilities to solve the chips demand in India.”
In line with India’s efforts to bolster its semiconductor ecosystem, three new chip plants, including two in Gujarat and one in Assam, are being established. Tata Group is overseeing the development of two of these three new plants.
Chandrasekaran emphasized the significance of semiconductors, stating, “Semiconductors are a foundational industry for digital products just like steel is for physical infrastructure.”
He underscored the importance of indigenous manufacturing, particularly highlighted during the Covid pandemic due to chip shortages, for national security and to foster indigenous innovation, according to Free Press Journal.
(Finance World and The Free Press Journal have published the article under a mutual content partnership arrangement.)
