"In a significant step towards accelerating its readiness for its semiconductor assembly and test facilities in
Tata Electronics is setting up a chip assembly plant in Assam with an investment of Rs 27,000 crore which is expected to become operational next year. It also has a small chip assembly unit set-up in Karnataka.
"This partnership will emphasize the development of essential training programs and advanced research and development, while also nurturing a vibrant ecosystem within the country," Tata Electronics Managing Director and CEO,
The partnership shall also focus on energy and material efficiency to promote sustainable growth and strengthen the semiconductor supply chain ecosystem.
"We are excited to partner with Tata Electronics to realize their vision of establishing a global electronics supply chain in
"This collaboration will not only propel technological innovation but also cultivate the talent required for sustained future growth," ASMPT, Group CEO, Robin Ng said.
Tata Electronics is setting up two major chip units comprising a semiconductor fab in Dholera, Gujarat, and a Semiconductor Assembly and Test (OSAT) Facility in Jagiroad, Assam.
"With an investment outlay of Rs 1,18,000 crore, Tata Electronics is set to generate nearly 50,000 direct and indirect jobs," the statement said.