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Assam’s sport-converting semiconductor funding: Himanta Sarma meets Ratan Tata

Assam’s sport-converting semiconductor funding: Himanta Sarma meets Ratan Tata

Driving Assam’s Athletic Ambitions: Exploring Semiconductor Funding with Himanta Sarma and Ratan Tata

                                                                                                                                                                         Credit : Hindustan Times

Assam’s economic landscape is set for a groundbreaking transformation with Tata Electronics Private Limited’s monumental ₹27,000 crore investment in a semiconductor plant. The recent meeting between Assam Chief Minister Himanta Biswa Sarma and renowned industrialist Ratan Tata in Mumbai marked a pivotal moment in the state’s journey towards becoming a global semiconductor hub.

Expressing heartfelt gratitude on behalf of Assam’s citizens, Chief Minister Sarma acknowledged Tata and Tata Sons chairman N Chandrasekaran for their unwavering commitment to this game-changing investment. The upcoming Tata semiconductor facility in Morigaon’s Jagiroad is poised to not only place Assam prominently on the world semiconductor map but also catalyze unprecedented economic growth in East India.

The discussions during the meeting also centered around the establishment of a Skill Development Centre within the semiconductor facility premises. This initiative aims to empower youths from the North East by offering specialized courses in Artificial Intelligence, semiconductors, and electronics, thus equipping them with the skills needed to secure employment opportunities within the Jagiroad unit.

Chief Minister Sarma highlighted the ongoing training of 1,500 youths from Assam, primarily women, at Tata facilities in Bangalore, emphasizing how this initiative will position them for leadership roles

The significance of this investment was echoed by industrialist Ratan Tata, who emphasized that Assam’s collaboration with the Tata group will not only elevate the state’s semiconductor capabilities but also contribute to its global recognition. This strategic partnership aligns with Assam’s vision for progress and development across various sectors.

The establishment of Tata Semiconductor Assembly and Test Pvt Ltd (“TSAT”) in Assam, with its impressive capacity of producing 48 million chips per day, underscores the magnitude of this venture. This facility, constructed at a cost of ₹27,000 crore, represents a significant milestone in Assam’s journey towards technological excellence and economic prosperity.

As Assam gears up for this groundbreaking venture, the collaborative efforts between the state government and industry giants like Tata signify a promising future filled with innovation, growth, and opportunities for the region’s youth. The anticipated rollout of the first chips by 2025 heralds a new era of progress and achievement for Assam in the global semiconductor arena.

 

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