Saturday, December 7, 2024

Tata Group aims to create approximately 50,000 job opportunities

Tata Electronics has committed an investment outlay of INR 1,18,000 crores, aiming to create approximately 50,000 direct and indirect job opportunities.

The foundation stone for two facilities—a cutting-edge semiconductor fab in Dholera, Gujarat, and a Semiconductor Assembly and Test (OSAT) Facility in Jagiroad, Morigaon, Assam—was ceremoniously laid by the Hon’ble Prime Minister of India, Shri Narendra Modi, via virtual interaction.

The Semiconductor Fabrication Facility of Tata Electronics in Dholera, Gujarat, is being established in partnership with Powerchip Semiconductor Manufacturing Corporation (PSMC) of Taiwan, a prominent player in the global semiconductor industry.

Situated strategically close to Ahmedabad, this facility represents India’s inaugural AI-enabled Fab. With a substantial investment of up to Rs 91,000 crores, it is expected to create over 20,000 direct and indirect skilled job opportunities.

N Chandrasekaran, Chairman, Tata Sons said, “Today, is indeed a special day for the Tata group – with the foundation stone being laid simultaneously for our projects in Dholera and Jagiroad 2,500 km apart. These semiconductor manufacturing hubs will have a lasting impact on the entire nation.”

“The ecosystem from across the globe will mobilize to have India as their preferred semiconductor destination. On this historic occasion, I would like to thank Hon’ble Prime Minister Shri Narendra Modi ji for his enduring vision to bring the semiconductor industry to the shores of our country”, N Chandrasekaran added.

“We are grateful to the Government of India, the Government of Gujarat, and the Government of Assam. Today’s event is a significant boost to our historic journey of ‘India’s Techade: Chips for Viksit Bharat’”, added Dr Randhir Thakur, CEO & Managing Director, Tata Electronics.

Tata Electronics is establishing a cutting-edge semiconductor Assembly and Test (OSAT) facility in Jagiroad, Assam.

This facility, with an investment outlay of Rs 27,000 crore, is strategically positioned near Guwahati and is anticipated to generate over 27,000 direct and indirect employment opportunities.

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Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.