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Four major #semiconductor #manufacturing projects underway in #India (1) #Micron’s $2.75 billion (Rs 22,516 crore) chip packaging plant in Sanand, Gujarat, was announced. While the company will bear $825 million of the projected cost, the Centre and state government will together foot the rest of the bill. (2) A #fabrication plant or #fab to be set up by #Tata #Electronics and Taiwan’s Powerchip Semiconductor Manufacturing Corp (#PSMC) in Gujarat’s Dholera at an investment of Rs 91,000 crore (3) A chip assembly and testing unit by Tata Semiconductor Assembly and Test Pvt Ltd in #Assam at an investment of Rs 27,000 crore; and (4) A chip packaging plant by #CGPower and #Japan’s #Renesas in Sanand at a cost of Rs 7,600 crore. These four projects will drain an estimated Rs 59,000 crore from the Rs 76,000-crore semiconductor #subsidy scheme.

India is taking a big step forward in semiconductor manufacturing! Tata Projects announced that the construction of Micron Technology’s semiconductor assembly and testing facility in Sanand, near Ahmedabad, will be completed by the end of 2025. This is India’s first semiconductor Assembly, Testing, Marking, and Packaging (ATMP) facility, and 60% of the work is already done. The remaining work is expected to be completed by December this year. What makes this project special? The plant is being built on 50 acres in the Sanand industrial area, and it’s set to become one of the largest back-end semiconductor plants in the world. Construction started in July 2023, and currently, 3,500 workers are involved in building this massive facility. An ATMP facility handles critical tasks like testing, packaging, and marking semiconductors. Once completed, this project will create 5,000 direct jobs and 15,000 indirect jobs, boosting employment opportunities in Gujarat and across India. India's Semiconductor Dream In June 2023, the Gujarat government signed a $2.75 billion deal with Micron for this project. It’s part of India’s larger plan to become a global hub for semiconductor manufacturing. According to a report, the semiconductor industry in India could create one million jobs by 2026. This includes roles in chip fabrication, ATMP, chip design, and supply chain management. The industry is expected to see high demand for skilled professionals like engineers, technicians, and specialists in fields like quality control and materials engineering. India is well on its way to establishing itself as a key player in the global semiconductor market. Stay tuned for updates K. Gabrial as India builds its future in tech! #India #Semiconductors #MicronTechnology #TataProjects #Sanand #TechGrowth #JobCreation #MakeInIndia #Innovation #Technology

🚀 Tata Projects Nears Completion of India’s First Semiconductor Plant for Micron! 🏗️💡 Big news from Sanand, Gujarat! Tata Projects has announced that 60% of the construction of Micron Technology’s $2.75 billion semiconductor Assembly, Testing, Marking, and Packaging (ATMP) facility is already complete. The remaining work is set to be wrapped up by December 2025. 🎯 Spread across 50 acres, this cutting-edge facility is a game-changer for India’s semiconductor industry. Once operational, it will generate 5,000 direct jobs and 15,000+ indirect jobs, boosting the country’s position in the global chip manufacturing space. 🌍💼 Stay tuned as India takes a giant leap in semiconductor innovation! ⚡ #TataProjects #Micron #Semiconductor #MakeInIndia #TechRevolution #Manufacturing #Innovation #Sanand #ChipIndustry #semiconductorindustry #semiconductormarket🚀🔧

🔊 𝐓𝐨𝐤𝐲𝐨 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧 𝐚𝐧𝐝 𝐓𝐀𝐓𝐀 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐞 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩🤝 𝐈𝐧 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟒, TOKYO ELECTRON LIMITED and Tata Electronics Pvt. Ltd. Announce Strategic Partnership 🤝 to Grow #Semiconductor #Ecosystem in India. The two companies will #collaborate to accelerate semiconductor equipment #infrastructure for India's first Fab being built by Tata Electronics in Dholera, Gujarat, and for its assembly and test #facility in Jagiroad, Assam. Through this #partnership 🤝, TEL and Tata Electronics will also focus on training Tata Electronics' workforce on TEL #equipment, and supporting ongoing improvement and R&D initiatives. This collaboration will leverage the strengths of both companies to establish a robust semiconductor #manufacturing ecosystem💰 in India. 𝐁𝐫𝐨𝐰𝐬𝐞 𝐚𝐭 𝐨𝐮𝐫 𝐋𝐢𝐧𝐤𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 👉: https://bit.ly/47lfx4C  #SemiconductorEquipment #Ecosystem, #Manufacturing, #Strategic #prophecymarketinsights

Surat-based semiconductor company, Suchi Semicon Pvt Ltd, has unveiled plans to establish #Gujarat’s first #Semiconductor Assembly and Testing (OSAT) plant with a significant #investment of $100 million. This state-of-the-art facility will initially cover 30,000 square feet and have the capability to produce up to 3 million chips daily. The project is expected to generate approximately 1,200 new jobs, providing a substantial boost to the local #economy. The company has entered into agreements with leading engineering institutions, including Sardar Vallabhbhai National Institute of Technology (SVNIT) and Gujarat Technological University (GTU). Read the full story here: https://lnkd.in/g3wAcRTa #SuchiSemicon #SemiconductorIndustry #ChipManufacturing #TechInvestment #MakeInIndia #Semiconductors #ElectronicsIndustry #JobCreation #SkillDevelopment #EconomicGrowth #Technology #OSAT #News #IndustryNews

The government on Monday approved a proposal of Kaynes to set up a semiconductor unit in Sanand, Gujarat with 6.3 million chips per day capacity, entailing an investment of Rs 3,307 crore. Announcing the decisions of the Union Cabinet, IT Minister Ashwini Vaishnaw noted that a complete semiconductor ecosystem is coming up in India. "Today, the Cabinet has approved Kaynes' plant, with a capacity of 6.3 million chips per day. The plant will come up in 46 acres, it is a big plant and large portion of the production will go for Kaynes Industries, it has already been booked," the minister said. The plant will also cater to chips related to the power sector. The company has already acquired land in Sanand, Gujarat for the project, and construction will start soon. The proposed investment for the unit is about Rs 3,307 crore. "Power related chips..chips used in automobiles and home appliances, will also be produced in this plant," Vaishnaw said. #semiconductor #IC #VLSI #engineering #chip #Ics #electronics #engineer #rnd #research #development #manufacturing #distributor #semiconductors #semiconductorindustry #semiconductorwave #semiconductores #semiconductormanufacturing #semiconductorjobs #semiconductorshortage #semiconductorchips #semiconductordevices #semiconductorchip

🚀 Gujarat: The Next Semiconductor Powerhouse Gujarat is positioning itself as a semiconductor hub with major investments reshaping the industry landscape. Here are some key highlights: Tata Electronics is making waves by establishing a ₹91,000 crore semiconductor fabrication facility in Dholera. Micron India is gearing up to produce its first batch of semiconductor chips by early 2025. Kaynes Semicon just received Union Cabinet approval for a manufacturing unit in Sanand. Suchi Semicon is also contributing by setting up an Outsourced Semiconductor Assembly and Testing plant, which is expected to create 1,200 new jobs! With Gujarat at the center of India's semiconductor drive, we are witnessing a game-changing moment. As investments flood in, the sector is poised to boost job creation, technological innovation, and India's competitive edge in the global semiconductor market. 🌐 What are your thoughts on how India's semiconductor industry will evolve in the coming years? Drop your insights below! #Semiconductors #India #Gujarat #TechInnovation #JobGrowth #Manufacturing #FutureTech

Today's Manufacturing Must-Reads! SUCHI INDUSTRIES LTD, under the leadership of Ashok Mehta, is making a strategic move into the #semiconductor industry with a $100 million investment to establish #Gujarat's first Semiconductor Assembly and Testing (OSAT) plant. This initiative, supported by a subsidy from the Indian government's Scheme for the Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS), aims to alleviate the challenges posed by the global chip shortage. The facility, named Suchi Semicon, will begin operations in November 2024. Its initial production capacity is 200,000 chips per day, and it will scale up to 3 million chips daily. In addition to its ambitious production goals, Suchi Semicon is #collaborating with local engineering institutions like Sardar Vallabhbhai National Institute of Technology (SVNIT), Surat and Gujarat Technological University (GTU) to develop a skilled workforce. Suchi Industries' investment in the semiconductor industry aligns with India's vision of self-reliance in #semiconductor #manufacturing. The company has already secured a customer for its discrete semiconductors, and with a team of industry veterans leading the charge, it is poised to make a significant impact in the semiconductor landscape. For news in detail click the link in the comment box! Meanwhile, stay tuned for more daily insights into the world of the #manufacturing #industry! #Semiconductorindustry #TechInvestment #SuchiIndustries #India #Manufacturing #Innovation #ChipIndustry #Gujarat #SPECS #TechNews

Tata's Groundbreaking Chip Plant in Assam: A Game-Changer for Jobs and Technology in Semiconductor Industry!! Tata Electronics is launching a ₹27,000-crore chip assembly plant in Assam, which is set to create 27,000 jobs by 2025. Tata Sons Chairman N. Chandrasekaran shared this news during the plant's Bhumi Pujan ceremony. He revealed that 1,000 residents have already been hired, and as the facility grows, it will attract various semiconductor companies. This expansion will result in 15,000 direct jobs and 12,000 indirect jobs. The plant, located in Jagiroad, will be India's first home-grown semiconductor assembly and testing center. Scheduled to begin operations by mid-2025, it is expected to enhance India's high-tech manufacturing sector. The facility is located near water sources and green energy and near semiconductor hubs in Taiwan, Malaysia, Vietnam, and Singapore. #semiconductor #Semiconductors #SemiconductorIndustry #ChipDesign #Microelectronics #ICDesign (Integrated Circuit Design) #SemiconductorManufacturing #Nanotechnology #Electronics #SemiconductorEngineering #SemiconductorTechnology

#MakeInIndia #Semiconductor #Awesome #Bharat Yet another step towards the development of an extraordinary supply chain ecosystem, which will be crucial for sustaining a long-term growth and innovation in our semiconductor industry. Gujarat definitely is one of the regions where people are interested and talking about growth and development. This is a win-win aspect.