These units will employ thousands in sectors like electronics, telecom, etc...
New Delhi: On Wednesday, 13 March 2024, PM Narendra Modi will participate in 'India's Techade: Chips for Viksit Bharat' and virtually lay the foundation stones of three semiconductor projects of nearly Rs. 1.25 lakh crore.
"It has been the vision of the PM to place India as a global hub for semiconductor design, manufacturing, and technology development, fostering the creation of employment opportunities for the nation's youth.
In line with this vision, the foundation stone is being laid for the semiconductor fabrication facility at the Dholera Special Investment Region (DSIR) in Gujarat, the Outsourced Semiconductor Assembly and Test (OSAT) facility in Assam's Morigaon, and the Outsourced Semiconductor Assembly and Test (OSAT) facility at Sanand in Gujarat," the statement read.
The fabrication (fab) facility at the DSIR will be set up by Tata Electronics Private Limited (TEPL) under the Modified Scheme for setting up Semiconductor Fabs in India.
With a total investment of over Rs. 91,000 crore, this will be the first commercial semiconductor fab in the country.
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