India’s ambitious strides in the semiconductor industry are best exemplified by the development of a semiconductor unit in Morigaon, Assam, spearheaded by Tata Semiconductor Assembly and Test Pvt Ltd (TSAT).
The MoU aims to support India's growing semiconductor industry while facilitating Singapore's ecosystem of semiconductor companies and related supply chains to participate in the fast-growing Indian market
This cutting-edge solution enhances the design process of Integrated Circuits (ICs), a critical component in the $600 billion semiconductor industry that powers modern electronic devices.
Tata Group chairman N Chandrasekaran expressed confidence that part of the semiconductor plant in Assam will be completed in 2025 and operations will start quickly.
Assam CM Himanta Biswa Sarma along with Tata Sons chairman N Chandrasekaran performed the Bhumi Pujan for the upcoming semiconductor plant in the state on 3rd August
In recent weeks, Tesla has reportedly accelerated its efforts to establish an Electronic Vehicle (EV) manufacturing plant in India with an estimated investment of around $2-$3 billion.
American semiconductor manufacturer Qualcomm, known for 'Snapdragon' series of processors for smartphones and portable computers, has opened a design centre in Chennai.
Minister of Electronics and IT Rajeev Chandrasekhar stated that two full-fledged semiconductor fabrication plants with multi-billion dollar investments are soon coming up in India.