Explore Assam’s semiconductor revolution with Ratan Tata’s investment. Learn about semiconductor manufacturing in Assam and Tata’s facility.
Assam Chief Minister Himanta Sarma Expresses Gratitude to Ratan Tata for Groundbreaking Semiconductor Investment
Assam‘s economic landscape is poised for a monumental transformation with the announcement of a ₹27,000 crore semiconductor plant by Tata Electronics Private Limited. Chief Minister Himanta Biswa Sarma recently met with industrial titan Ratan Tata and Tata Sons chairman N Chandrasekaran to convey his heartfelt appreciation for this groundbreaking investment.
The semiconductor facility, slated to be established in Morigaon’s Jagiroad, is set to catapult Assam onto the global semiconductor map. Sarma expressed his gratitude on behalf of the people of Assam, recognizing Tata and Chandrasekaran’s unwavering faith and commitment to the state’s development. He anticipates the commencement of chip production by 2025, marking a significant milestone in Assam’s economic journey.
During their meeting, Sarma discussed plans for a Skill Development Centre to be integrated into the semiconductor facility. This center aims to empower the youth of the North East by offering specialized courses in Artificial Intelligence, semiconductors, and electronics, thus enhancing their employability prospects within the Jagiroad unit.
Highlighting the proactive approach towards skill development, Sarma mentioned that 1,500 youths from Assam, particularly women, are currently undergoing training at Tata facilities in and around Bangalore. This strategic initiative is envisioned to position them for leadership roles once the semiconductor facility commences operations in 2025.
This monumental venture aligns with Prime Minister Narendra Modi’s recent inauguration of the Outsourced Semiconductor Assembly and Test (OSAT) facility in Morigaon. Spearheaded by Tata Electronics Private Limited under the Modified Scheme for Semiconductor Assembly, Testing, Marking, and Packaging (ATMP), this initiative symbolizes a collaborative effort towards bolstering India’s semiconductor capabilities.
The announcement of this semiconductor plant not only signifies a significant economic boost for Assam but also underscores Tata Group’s commitment to fostering growth and innovation in India. With a shared vision for progress, this partnership sets the stage for a promising future, marked by technological advancement and socio-economic development.
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Experience the groundbreaking collaboration between Assam’s Chief Minister and industrial magnate Ratan Tata as they pave the way for a semiconductor revolution in East India. Gain insights into the transformative impact of this ₹27,000 crore investment and its implications for India’s technological prowess. Explore the strategic initiatives aimed at empowering the youth and driving socio-economic growth in the region. Uncover the visionary leadership behind this monumental venture and its significance in India’s journey towards becoming a global semiconductor powerhouse. Join us on this journey of innovation, progress, and empowerment.
Ratan Tata Praises Assam’s Semiconductor Initiative as Game-Changer for Global Recognition
Assam’s journey towards becoming a key player in semiconductor manufacturing received a resounding endorsement from industrialist Ratan Tata. With the recent foundation stone laying ceremony for Tata Group’s Rs 27,000-crore Semiconductor Assembly & Test Facility in Jagiroad, Assam, the state is poised for global recognition in the semiconductor industry.
Tata emphasized the transformative impact of semiconductor manufacturing in Assam, acknowledging Chief Minister Himanta Biswa Sarma’s visionary leadership in realizing this ambitious project. In a statement, Tata expressed confidence that this endeavor would elevate Assam’s status on the global stage.
The partnership between Assam’s government and Tata Group underscores a shared commitment to technological advancement and economic prosperity. Sarma echoed Tata’s sentiments, expressing gratitude for Tata’s support and outlining plans for a skill development center within the semiconductor facility premises, aiming to empower local youth with relevant skills and opportunities.
Additionally, Tata Electronics Private Limited’s collaboration with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) to establish India’s first AI-enabled semiconductor fab further solidifies India’s position in the global semiconductor landscape. This state-of-the-art facility will manufacture chips catering to various applications, ranging from power management IC to high-performance computing logic.
Prime Minister Narendra Modi’s virtual inauguration of the semiconductor fab marks a significant milestone in India’s journey towards semiconductor self-reliance. Tata Sons Chairman N Chandrasekaran emphasized the importance of India’s emergence as a semiconductor nation, lauding Tata Group’s contribution in establishing the first indigenous assembly unit in Assam.
The groundbreaking initiatives undertaken by Tata Electronics and the collaborative efforts with the government highlight the collective determination to leverage technology for socio-economic development. This strategic investment not only promises job creation but also positions Assam as a hub for innovation and industrial growth.
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Ratan Tata Champions Assam’s Global Recognition through Semiconductor Manufacturing Venture
The semiconductor industry’s footprint in Assam receives a resounding endorsement from industrialist Ratan Tata, heralding a new era of technological prowess for the state. Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) is embarking on a monumental venture to establish a semiconductor unit in Assam, with an impressive capacity of producing 48 million chips per day, at a staggering investment of Rs 27,000 crore.
Ratan Tata, in his unwavering commitment to India’s technological advancement, envisions Assam emerging as a global player in sophisticated semiconductor manufacturing. Collaborating closely with Assam CM Sarma, Tata acknowledges the state government’s proactive stance in fostering innovation and economic growth. Through this partnership, Assam is poised to make significant strides in the semiconductor industry, positioning itself prominently on the global map of technological excellence.
In a social media post, Tata expressed gratitude to CM Sarma for his unwavering support and shared vision, emphasizing the transformative impact of this investment on Assam’s socio-economic landscape. The establishment of a skill development center within the semiconductor facility premises underscores the commitment to empowering local youth with specialized courses in Artificial Intelligence, semiconductors, and electronics, thus facilitating employment opportunities within the Jagiroad unit.
The initiative has already begun to bear fruit, with 1,500 youths from Assam, predominantly women, undergoing training at Tata facilities in Bangalore. This strategic investment not only promises to create leadership opportunities for the youth but also paves the way for Assam’s prominence in the global semiconductor arena.
CM Sarma, representing the people of Assam, conveyed heartfelt gratitude to Ratan Tata and N Chandrasekharan for their unwavering faith and conviction in the state’s potential. With expectations of the first chips rolling out by 2025, Assam eagerly anticipates the realization of its semiconductor manufacturing dream.
The establishment of TSAT’s semiconductor unit in Assam signifies a significant milestone in India’s journey towards semiconductor self-sufficiency. This monumental investment underscores Tata Group’s commitment to fostering innovation and economic growth in India, while also elevating Assam’s status as a beacon of technological excellence.
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FAQ(s) on Ratan Tata semiconductor investment, Semiconductor manufacturing in Assam, Assam semiconductor industry, Assam semiconductor plant, Tata semiconductor facility Assam
Q1. Who is the successor of Ratan Tata?
Ratan Tata stepped down from his role as chairman of the Tata Group in December 2012. However, he temporarily resumed his duties as interim chairman in October 2016, following the removal of his successor, Cyrus Mistry. Tata resumed his retirement status in January 2017, coinciding with the appointment of Natarajan Chandrasekaran as chairman of the Tata Group.
Q2. Who owns Tata now?
Tata Sons holds the ownership rights to the Tata name and associated trademarks, which are duly registered not only in India but also in numerous other countries around the world.
Q3. What are the top 5 semiconductor companies?
Among the leading semiconductor companies in terms of revenue are Intel Corporation, Samsung Electronics, TSMC (Taiwan Semiconductor Manufacturing Company), SK Hynix, and Micron Technology. Renowned for their advanced technology and top-notch semiconductor offerings, these companies are synonymous with innovation and quality in the industry.
Q4. Who is the largest semiconductor manufacturer in India?
| Company | CMP | Market Cap (Rs m) | P/E | RoE | D/E | Sales CAGR (3 yrs) | Profit CAGR (3 yrs) |
|——————|——–|——————-|——-|——–|——-|———————|———————-|
| HCL TECHNOLOGIES| 1,591.7| 4,319,205 | 27.5 | 22.8% | 0.0 | 12.8% | 10.3% |
| VEDANTA | 271.4 | 1,008,848 | 12.0 | 37.0% | 2.0 | 20.4% | Not Mentioned (NM) |
| TATA ELXSI | 7,626.2| 474,933 | 59.6 | 36.2% | 0.0 | 25.0% | 43.4% |
| DIXON TECHNOLOGIES| 6,995.3| 418,467 | 119.8 | 20.1% | 0.1 | 40.5% | 28.4% |
| MOSCHIP SEMI | 93.2 | 17,525 | 172.7 | 6.3% | 0.4 | 25.9% | Not Mentioned (NM) |
| ASM TECHNOLOGIES | 982.5 | 10,808 | NM | 10.0% | 0.8 | 33.8% | 117.2% |
| MIC ELECTRONICS | 40.2 | 8,909 | 58.7 | 5.3% | 3.6 | 131.0% | Not Mentioned (NM) |
| SOLEX ENERGY | 843.0 | 6,744 | NM | 7.2% | 1.8 | 5.4% | Not Mentioned (NM) |
| RUTTONSHA INT. | 800.0 | 5,566 | 106.0 | 18.1% | 1.0 | 19.5% | 61.3% |
| SURANA SOLAR | 34.4 | 1,695 | NM | 4.0% | 0.0 | 10.3% | 57.0% |
This table provides an overview of various companies, including their current market price (CMP), market capitalization, price-to-earnings ratio (P/E), return on equity (RoE), debt-to-equity ratio (D/E), sales compound annual growth rate (CAGR) over the past 3 years, and profit CAGR over the past 3 years.
Q5. Who is the leader in semiconductor?
As of March 18, 2024, Nvidia emerged as one of the prominent semiconductor companies globally based on market capitalization. Following closely behind are renowned entities such as TSMC, Broadcom, and ASML, solidifying their positions as leaders in the semiconductor industry.
Q6. Who is the CEO of semiconductor India?
Akash Tripathi serves as the CEO of the India Semiconductor Mission.
Q7. Which company set up semiconductor manufacturing unit in India?
This marks India’s inaugural venture into commercial semiconductor fabrication. Tata Electronics Private Limited (TEPL) is set to partner with Taiwan’s Powerchip Semiconductor Manufacturing Corp (PSMC) to inaugurate a semiconductor fabrication facility in Dholera, Gujarat. The project entails a substantial investment of INR 9100 billion (US$109.71 billion).
Q8. Who will manufacture chips in India?
Tata Semiconductor Assembly and Test (TSAT) is poised to pioneer indigenous advanced semiconductor packaging technologies, encompassing flip chip and ISIP (integrated system in package) technologies. With a capacity to produce 48 million chips per day, TSAT is set to revolutionize the semiconductor landscape.
Q9. Which Tata company will make chips?
Tata Electronics Private Limited (TEPL) is embarking on a significant endeavor in collaboration with Powerchip Semiconductor Manufacturing Corp (PSMC), Taiwan, to establish a semiconductor fabrication facility in Dholera, Gujarat. This venture entails an investment of Rs 91,000 crore. PSMC, renowned for its expertise, currently operates six semiconductor foundries in Taiwan.
Q10. Is Tata a blue chip company?
According to market capitalization, India’s top blue-chip companies include State Bank of India, Bharti Airtel, Tata Consultancy Services, Reliance Industries, Coal India, HDFC, ITC, Infosys, ICICI Bank, ONGC, GAIL, and Sun Pharma.
