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Tata Group to start semiconductor chips production by 2026

by Blitz India Media
March 13, 2024
in News
0
tata group
Team Blitz India

NEW DELHI: Tata Grouphopes that the commercial production of semiconductors chips at the two plants – in Gujarat and Assam – whose foundation stones were laid on March 13, would start in 2026.

“We are accelerating the timeline. Typically, a fab takes four years, (but) our goal is to produce the chip in the calendar year 2026 – hopefully the later part of the year…We have a very aggressive timeline.(in) Assam (unit, it) will be done earlier, we may go commercial production in Assam even in late 2025 and early 2026,” said Tata Sons Chairman N Chandrasekaran, after the foundation stone laying ceremony, speaking to reporters.

The semiconductor manufacturing plants will also bring with it several job opportunities in Gujarat and Assam and will be a landmark in India’s Atmanirbhar efforts.

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