Tata Group’s Ambitious Plan: INR 40,000 Crore investment in Assam Semiconductor Plant

Tata Group is planning to establish a semiconductor processing plant in Assam, with an investment of approximately Rs 40,000 crore, according to Chief Minister Himanta Biswa Sarma’s announcement on Friday. During an event, Sarma disclosed that the conglomerate has approached the central government for the final approval following discussions with the state government, and the clearance is anticipated soon.

Sarma shared the positive development, stating, ” There is a very good news for us. Tata Electronics Ltd has submitted an application for setting up an electronic centre at Jagiroad,” “They have submitted a proposal to the Government of India with an outlay of about Rs 40,000 crore,” he added.”

Jagiroad, located about 55 km from Guwahati, the state’s largest city, is the chosen site for the potential semiconductor assembly and packaging plant. Sarma mentioned that after productive initial talks with the state government, Tata Group is content and has taken the matter to the central government for further approval.

Expressing optimism, Sarma remarked, “If all goes well, we will see a major investment in the state which will create a positive environment for industrialisation. We are in touch with the Centre and hope that the final approval will be given in a month or two,” he said.”

The chief minister revealed that the conglomerate has also approached the state government to facilitate the training of 1,000 individuals for employment in the proposed unit. Sarma highlighted the changing landscape, stating, “We used to wonder why the electronics and IT industry didn’t come to our state. Now, it is changing.”

In a post on X, Sarma expressed gratitude to PM Narendra Modi “for his continuous guidance in transforming our State.”

 The Assam Semiconductor Manufacturing and Electronic Production Policy had received approval from the state cabinet in August, paving the way for such developments.

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