Groundbreaking for three semiconductor plants likely next week

Groundbreaking ceremonies for three semiconductor projects, including two from the Tata Group, are likely to be held next week, less than two weeks after the Union Cabinet cleared the proposals entailing investments of $15.14 billion, officials told ET.

The projects include an $11 billion semiconductor fab facility, the country’s first, to be built by the Tata Group in at Dholera in Gujarat. The other unit proposed by the conglomerate involves a Rs 27,000 crore chip assembly, testing, marking and packaging facility at Morigaon in Assam. Murugappa Group’s CG Power will be setting up a chip assembly facility at Sanand in Gujarat at a cost of Rs 7,600 crore.