Tata Group To Establish Rs 25000 Crore Semiconductor Packaging Plant In Assam

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This would provide job opportunities in the semiconductor sector for the youth of Assam, eliminating the need for them to relocate to other states or cities for employment in this field.

Assam is set to receive its first significant investment in the semiconductor industry with the establishment of a semiconductor packaging plant worth nearly Rs 25,000 crore. This venture is a joint effort between the state government and the Tata Group. 

The announcement was made by Union Minister of State for Electronics and IT Rajeev Chandrasekhar during the first-ever ‘Digital India Future Skills Summit’ held in Guwahati. This would provide job opportunities in the semiconductor sector for the youth of Assam, eliminating the need for them to relocate to other states or cities for employment in this field.

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The project is in the process of obtaining all necessary approvals before being submitted to the cabinet for final approval. Minister Chandrashekhar spoke about the significant progress made by India’s economy over the past decade, moving from being part of the ‘Fragile 5’ to being ranked among the world’s ‘Top 5’ economies.

Chief Minister Himanta Biswa Sarma recently announced that Tata Electronics Pvt. Limited is in the process of setting up a plant with a financial outlay of Rs. 40,000 crore for assembling and packaging of semiconductors at Jagiroad in Assam. This investment further underscores the state’s growing significance in the semiconductor industry and its potential to become a hub for technological advancements.

Emphasising the importance of equipping young Indians with future skills, Chandrasekhar stated that the government’s policies under Prime Minister Narendra Modi are set to open numerous opportunities in the coming years. He encouraged students to develop skills in areas such as artificial intelligence, cybersecurity, and semiconductors.

Prime Minister Modi’s strategy for shaping the future of technology includes ‘futureDESIGN’ for design innovation, ‘futureLABS’ for innovation around systems, and ‘futureSKILLS’ for preparing young Indians with capabilities in emerging sectors.

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