The recent approval by the Union Cabinet to establish three semiconductor plants, with a staggering investment of Rs 1.26 lakh crore, marks a pivotal moment in India's technological journey. This move positions the country to become a major player in the global semiconductor manufacturing industry. The Tata Group's groundbreaking chip fabrication facility in Dholera, Gujarat, is poised to provide cutting-edge technology, particularly focusing on manufacturing chips with 28-nanometre technology. This emphasis signifies India's readiness to embrace advanced processes and compete on a global scale.
Furthermore, the comprehensive approach to fortifying the chip ecosystem includes plans to modernize the existing Semiconductor Laboratory (SCL) facility in Mohali. With an injection of Rs 10,000 crore, the center aims to transform into an R&D and training hub in collaboration with a partner, further contributing to the development of semiconductor expertise.
The significant push towards semiconductor plants holds the key to unlocking a myriad of opportunities. The chips produced in these facilities are expected to catalyze innovation and technological advancements across various sectors, including high-performance computing, electric vehicles, telecom, defense, and consumer electronics. The Dholera facility alone is projected to generate approximately 20,000 direct and indirect skilled jobs, with similar prospects anticipated for the plants in Assam and Sanand, Gujarat. Beyond economic growth, these ventures are poised to create thousands of employment opportunities.
Importantly, the Cabinet's approval comes at a crucial juncture, considering global supply chain disruptions due to geopolitical conflicts. Nations worldwide are reassessing their reliance on China's semiconductor industry. While India possesses a rich pool of talent in chip designing, there is a need to incentivize and retain the best minds. Their decisive role can contribute significantly to making India a prominent semiconductor hub, especially amid the changing dynamics of the global semiconductor landscape
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