Three fabs to be developed in India at a cost of $15.2bn
The fabs will produce semiconductors for different market segments
The construction of three semiconductor fabs has been approved by the Indian government. The facilities will be developed with investments of US $15.2bn.
According to a report, the three units include the construction of a chip factory in Dholera, Gujarat. The facility is being developed through a partnership between Taiwan’s Powerchip Semiconductor Manufacturing Corp (PSMC) and Tata Electronics Private Limited. The fab is expected to produce high performance computer chips and power management chips and involves an investment of $11bn.
Mumbai skyline at night, Maharashtra, India.
The second fab will be developed by Tata Semiconductor Assembly and Test Pvt Limited who will develop a semiconductor unit in Morigaon, Assam, which will serve the automotive, electric vehicle, consumer electronics and telecoms markets. The total cost for this facility is said to be $3.3bn.
The third plant will see CG Power, Renesas Electronics Corporation, Japan, and Stars Microelectronics, Thailand, set up a unit in Sanand, Gujarat. Renesas is said to focus on specialised chips and the $916.8mn plant will manufacture chips for the consumer, industrial, automotive and power sectors.
