The facility is expected to train and employ 1000 youths in collaboration with the Assam government.
Tata Group is planning to establish a semiconductor processing facility in Assam with an investment of around Rs 40,000 crore, announced Chief Minister Himanta Biswa Sarma. During a recent event, Sarma revealed that Tata Electronics Ltd has proposed to set up an electronic center at Jagiroad, located approximately 55 km from Guwahati in Morigaon district.
This semiconductor assembly and packaging plant is seen as a major step towards boosting industrialization in the state. The Chief Minister also mentioned Tata Group’s intention to collaborate with the state government in training 1,000 youths for employment opportunities at the new facility.
The proposal for this significant investment has been submitted to the Government of India, following initial discussions with the state government. Sarma expressed optimism about the project, stating that the final approval from the Centre is expected within the next one or two months.
Highlighting the shift in the state’s industrial landscape, Sarma pointed out the previous absence of electronics and IT industries in Assam and expressed gratitude to Prime Minister Narendra Modi for his guidance in the state’s transformation. This announcement follows the state cabinet’s approval of the Assam Semiconductor Manufacturing and Electronic Production Policy in August.
The policy includes a capital investment subsidy. It was stated that with the introduction of the new production-linked incentive policy, Assam is expected to soon attract investments for manufacturing semiconductors within the state.