Tata’s semiconductor unit in Assam to be gamechanger for NE: CM Himanta
Assam Chief Minister Himanta Biswa Sarma said the Rs 27,000-crore semiconductor plant approved for the state by the Union Cabinet on Thursday will be a game-changer for the economy of the entire North East region.
The plant will trigger a new Industry 4.0 revolution in the state, he added.
The Union Cabinet approved setting up three semiconductor-making units at an investment of Rs 1.26 lakh-crore as part of an attempt to cut India’s dependence on imports to meet requirements of chips, of which one will be in Assam.
Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) will set up a semiconductor unit in Morigaon, Assam, at an investment of Rs 27,000 crore.