He said Tata Electronics chips will cater to the requirements of various sectors, including automotive, power, electronics, consumer, and medical, among others.
"There is a whole range of sectors, which have a need for chips in this sector. Obviously, we can't produce all form factors on Day 1. It will happen in stages, but we will be serving all sectors," Chandrasekaran said.
Tata's chip plant is capable of producing wafers in 28 nanometers (nm) to 110 nanometer nodes, the chairman noted.
High-tech gadgets like smartphones, tablets etc require chips majorly in smaller nodes like 3 nm, 7 nm, and 14 nm, among others.
Chandrasekaran said that the plants would create a huge number of jobs.
"This is only the start. There will be expansion. We are looking at 50,000 jobs here and at least 20,000- 22,000 jobs in Assam. But, it will take time. We will further expand as we cross early milestones," he added.
Chandrasekaran said the company is accelerating the timeline for chip production.
"Typically, a fab takes about 4 years. Our goal is to produce chips in the calendar year 2026. Hopefully, in the latter part of the year. Assam may be done earlier. We may go commercial production in Assam even in late 2025 or early 2026," Chandrasekaran said.