RATAN TATA INVESTED A HUGE AMOUNT IN ASSAM FOR SEMICONDUCTOR PLANT

Ratan Tata invested ₹ 27,000 crore in Assam for semiconductor plant, also was thankful by Chief Minister Himanta Biswa Sarma on Wednesday when they met.

The Tata semiconductor facility in Morigaon’s Jagiroad will put us on the world semiconductor map and transform the economic landscape of East India, Mr Sarma said after his meeting with Mr  Ratan Tata and Tata Sons chairman N Chandrasekaran in Mumbai.

“On behalf of the people of Assam, I conveyed our heartfelt gratitude to Shri Ratan Tata and Shri N Chandrasekharan for displaying remarkable conviction and faith in our State to execute this mega game changing investment.

We expect the first chips to roll out by 2025,” Mr Sarma said on X and tagged pictures with Mr Ratan Tata and Mr Chandrasekaran. During the meeting, Mr Sarma also discussed creating a Skill Development Centre that will be co-located within the premises of the semiconductor facility in Morigaon’s Jagiroad.

Mr Sarma also said that the Skill Development Centre will empower youths from North East by offering them courses in Artificial Intelligence, semiconductors and electronics and will help them in securing jobs in the Jagiroad unit.

“Already 1,500 youth from Assam, mainly women, are undertaking training at Tata facilities in and around Bangalore. This will place them in leadership position once the semiconductor facility becomes operational in 2025,” he said. Earlier last week, Prime Minister Narendra Modi laid the foundation stone of the Outsourced Semiconductor Assembly and Test (OSAT) facility in Morigaon.

The facility is being set up by Tata Electronics Private Limited under the Modified Scheme for Semiconductor Assembly, Testing, Marking and Packaging (ATMP). For trending news click..