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Tata Group's Semiconductor Milestone: Paving The Way For India's Tech Independence

Tata Group's Semiconductor Milestone: Paving The Way For India's Tech Independence

Business Today
Business Today
  • New Delhi ,
  • Mar 13, 2024,
  • Updated Mar 13, 2024, 6:34 PM IST

 

Tata Sons Chairman, Natarajan Chandrasekaran, heralds a significant milestone as Tata Group establishes the first semiconductor fab and assembly unit in Assam. This move marks India's stride towards semiconductor self-sufficiency, crucial for digital advancement. Chandrasekaran emphasizes the transformative impact, foreseeing prosperity and job creation in Assam. With an accelerated timeline, the goal is to commence commercial production earlier than expected, potentially by late 2025, promising a game-changing investment for the region's economic landscape.

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