Indigenous chips: PM Modi lays foundation stone for 3 facilities worth Rs 1.25 lakh crore
The Daily Guardian|March 14, 2024
Prime Minister Narendra Modi on Wednesday laid the foundation stone for three semiconductor plants worth over Rs 1.25 lakh crore. The proposed investments, which received cabinet approval on February 29, include the Tata-PSMC chip foundry at Rs 91,000 crore, the Tata OSAT facility at Rs 27,000 crore, and the CG Power-Renesas at Rs 7,600 crore.
NIVEDITA MUKHERJEE NEW DELHI

The semiconductor fabrication facility at the Dholera Special Investment Region (DSIR) will be set up by Tata Electronics Private Limited (TEPL) under the modified scheme for setting up of semiconductor fabs in India with a total investment of over Rs 91,000 crore.

The outsourced semiconductor assembly and test (OSAT) facility in Morigaon, Assam will be set up by TEPL under the modified scheme for semiconductor assembly, testing, marking and packaging (ATMP) with a total investment of about Rs 27,000 crore. The OSAT facility in Sanand, will be set up by CG Power and Industrial Solutions under the ATMP,with a total investment of about Rs 7,500 crore.

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