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Three proposed ideas for semiconductor plants have been approved by the Union Cabinet, marking a deliberate step towards the country's technical independence. These projects, which have committed a staggering Rs 1.26 lakh crore, are poised to write a new chapter in the history of Indian technology.
Vaishnaw said that the fab will mostly produce 28 nanometre (nm) chips, apart from 50 nm, 55 nm and 90 nm ones, and have 16,000 suppliers.
Apart from the three proposals that were approved by the Union Cabinet on February 29, Chandrasekhar also said that the government is examining a $11 billion proposal from Israel's Tower Semiconductor, whose plans include building a fab that can churn 80,000 wafers per month
Tata Electronics' Rs 91,000 crore semiconductor fab in Dholera, Gujarat, in partnership with PSMC, will generate over 20,000 direct and indirect skilled jobs in the region and construction of the mega unit is expected to begin this year, according to a statement on Thursday. The planned unit - India's first commercial fab, marks Tata Electronics' entry into the global semiconductor industry. Tata Electronics said it is 'proud to lead India's entry into global semiconductor fabrication'.
India Business News: Government on Thursday cleared proposals for three semiconductor manufacturing units worth Rs 1.3 lakh crore, including the country's first fab manufa