Indian Cabinet approves chip fab plant by Tata Group & Taiwan’s PSMC in Gujarat

In a fillip to the country’s goal to become a global semiconductor hub, India’s Union Cabinet on Thursday approved chip fabrication plants by Tata Group and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) in Dholera district, Gujarat. Tata JV will make India’s first semiconductor fab with a capacity of 50,000 wafers per month, according to Union IT minister Ashwini Vaishnaw.

Tata Group to announce mega investment in semiconductors: Chandrasekaran

One of India’s largest conglomerates, Tata Group will soon announce its next big investment in the semiconductor and mobile battery manufacturing businesses, a chief of its parent company Tata Sons said on Wednesday. Accepting the MMA-Amalgamations Business Leadership Award 2023 and delivering the 20th Anantharamakrishnan Memorial Lecture in Chennai on ‘India’s Leadership in a Pivotal Decade’, Tata Sons Chairman Natarajan Chandrasekaran said the group will soon announce its investment to manufacture semiconductors.

Vibrant Gujarat: Tata Group to work on chip fabrication plant in state

The Tata Group on Wednesday announced plans to build a state-of-the-art semiconductor fabrication plant in Gujarat, as India begins the journey to become a global chip hub. Tata Sons Chairman N. Chandrasekaran, speaking at the 10th Vibrant Gujarat Global Summit in Gandhinagar, said that Tata Group is on the verge of finalising and announcing a substantial semiconductor fabrication plant at Dholera in the state.