India’s long-awaited dream of indigenous semiconductor manufacturing in India takes a significant leap forward as the Tata Group’s Plant in Dholera gears up to unveil the nation’s first homegrown semiconductor chip by 2026.
Massive Investment and Production Capacity
With a staggering investment of INR 91000 Cr, the semiconductor fabrication unit in Dholera is a joint venture of Tata Electronics and Powerchip Semiconductor Manufacturing Corporation (PSMC), which stands as a testament to India’s growing prowess in the semiconductor domain. Boasting a robust manufacturing capacity of up to 50,000 chips per month, the facility is set to redefine India’s technological landscape.
Also Read | HDB Financial, subsy of HDFC, to go for IPO | NewsStreetAsia.com
Initial Focus and Future Prospects
Frank Huang, chairman of PSMC, sheds light on the initial phase of operations, which will focus on 28-nanometer chips, with plans for future advancements to 22 nanometer. The facility’s repertoire extends beyond high-performance computing chips to encompass power management chips vital for sectors like electric vehicles, telecom, defence, automotive, consumer electronics, displays, and power electronics.
Government Backing and Ambitious Plans
The semiconductor landscape is set for a monumental shift, with the approval of the Government of India’s proposal of 3 semiconductor plants including 2 in Gujarat and 1 in Assam with a total Investment of INR 1.26 lacs Cr. Union IT Minister Ashwini Vaishnaw’s commitment to expediting production cycles reinforces the government’s determination to propel India to the forefront of semiconductor manufacturing.
Collaborative Efforts and Global Partnerships
The Tata Group’s endeavours are complemented by collaborations with global players like CG Power and Renesas, slated to establish a semiconductor plant in Gujarat’s Sanand, alongside Micron’s ongoing establishment of an INR 22,516-crore chip assembly plant.
Also Read | Adani unveils plan for Lucknow Airport T3 project | NewsStreetAsia.com
Fuelled by massive investment, strategic partnerships and government support, the nation stands on the cusp of a technological revolution and is set to materialise the aspirations into tangible achievements.
With the Tata Group leading the charge, supported by a burgeoning ecosystem of domestic and international players, the dream of self-reliance in semiconductor manufacturing inches closer to reality, heralding a new era of innovation and economic growth.
