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The Union Cupboard chaired by Prime Minister Narendra Modi, permitted three semiconductor models on Thursday, beneath the ‘Growth of Semiconductors and Show Manufacturing Ecosystem in India.’ A launch from the middle mentioned that the development will begin within the subsequent 100 days. To recall, the Indian govt introduced the programme for the Growth of Semiconductors and Show Manufacturing Ecosystem in India on December 21, 2021, with a complete outlay of Rs 76,000 crore.
In June 2023, the Union Cupboard permitted the proposal of Micron to arrange a semiconductor unit in Sanand, Gujarat. The development of the mentioned unit is ongoing and progressing at a speedy tempo, mentioned the government launch.
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Beneath the latest approval, there can be three new semiconductor models, two of which can be made by the Tata Group.
The primary one can be made by Tata Electronics Non-public Restricted in partnership with Powerchip Semiconductor Manufacturing Corp from Taiwan. This semiconductor unit will contain a complete funding of Rs 91,000 crore and can be constructed in Dholera, Gujarat. The capability of this semiconductor unit can be 50,000 wafers per 30 days to begin with.
The second unit can even come from the Tata Group firm referred to as Tata Semiconductor Meeting and Check Pvt Lt. This semiconductor unit can be arrange in Morigaon, Assam. The capability of this unit can be 48 million per day and it is going to be arrange with an outlay of Rs 27,000 crore.
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The third unit will come from CG Energy in partnership with Renesas Electronics Company, Japan and Stars Microelectronics, Thailand. This new unit can be arrange in Sanand, Gujarat, with a complete outlay of Rs 7,600 crore. The capability for this unit can be 15 million per day.
The principle intention to arrange these models in India is to make sure that from the design capabilities, India may transfer in direction of manfuacturing capabilities of semiconductors. The transfer will assist in establishing the semiconductor manufacturing ecosystem within the nation.
SP Kochhar, Directorage Normal, COAI, mentioned, “The Union Cupboard’s approval on the institution of three semiconductor models beneath the India Semiconductor Mission is a optimistic and commendable growth. It is a progressive step for India and the strongly rising manufacturing ecosystem within the nation. We imagine this serves as a superb instance for our nation in direction of attaining self-sufficiency consistent with our Hon’ble Prime Minister’s imaginative and prescient of ‘Atmanirbharta’ and can additional encourage India’s objectives to grow to be a world manufacturing and provide chain hub.”
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