Highlights

  • Dholera plant to produce first chip by 2026 end,
    PM Modi lays the foundation
  • Ceremony for semiconductor manufacturing hub.

Latest news

Dominique Pelicot sentenced to 20 years in landmark French mass rape case

Dominique Pelicot sentenced to 20 years in landmark French mass rape case

PM Modi speaks to King Charles, reaffirms India-UK strategic partnership

PM Modi speaks to King Charles, reaffirms India-UK strategic partnership

Omar Abdullah meets Amit Shah, discusses J&K's statehood restoration

Omar Abdullah meets Amit Shah, discusses J&K's statehood restoration

Unprecedented fracas on Parliament premises, 2 BJP MPs injured; NDA, Congress file police complaints

Unprecedented fracas on Parliament premises, 2 BJP MPs injured; NDA, Congress file police complaints

Palestinians say six killed in Israeli West Bank operations

Palestinians say six killed in Israeli West Bank operations

Around 70 Hindu pilgrims arrive in Pak from India to perform religious rituals at Katas Raj temples

Around 70 Hindu pilgrims arrive in Pak from India to perform religious rituals at Katas Raj temples

Delhi Elections: MCD passes proposal to release Rs 25.35 crore for preparations

Delhi Elections: MCD passes proposal to release Rs 25.35 crore for preparations

Global stocks struggle amid inflation, economic fears: December 19, 2024 analysis

Global stocks struggle amid inflation, economic fears: December 19, 2024 analysis

Tata-PSMC semiconductor plant in Dholera aims to roll out its first chip by late 2026

Backed by substantial government support, the project aims to propel India's ambitions in chip manufacturing. 

Tata-PSMC semiconductor plant in Dholera aims to roll out its first chip by late 2026

The semiconductor manufacturing plant jointly established by the Tata Group and Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC) in Dholera, Gujarat, is anticipated to be ready for production as soon as 2026-end. This update comes directly from Frank Huang, the chairman of PSMC, in an exclusive conversation with The Economic Times.

Primary focus on tech transfer

Huang revealed that the specific details of the joint venture with Tata Group are still under discussion, with a primary focus on technology transfer initially before investment discussions commence. PSMC, renowned for its memory chips and foundry services, expressed satisfaction with the swift progress of its Indian partner, the Tata Group, towards the $11 billion project.

Support from Indian government

The establishment of the Dholera unit is poised to receive substantial support from both the central and state governments, potentially covering up to 70% of the project costs. This initiative aims to materialise India's longstanding ambition of possessing its first commercial semiconductor fab, marking a significant stride in the country's technological advancement.

Production of 28nm chips initially

The manufacturing process at the Dholera plant is expected to commence with the production of 28nm chips. Huang emphasized the significance of this endeavor, stating that it heralds India's serious foray into the manufacturing and chip space. He envisages a promising future for India in semiconductor manufacturing, foreseeing the establishment of multiple fabs in the country.

Focus on semiconductor self-sufficieancy

The Indian government's pursuit of semiconductor self-sufficiency dates back to 2022 when it initially engaged in discussions with PSMC. The decision to partner with the Tata Group was attributed to various factors, including financial capabilities, prestige, and company size.

PM Modi lays the foundation

The ceremony for the Dholera plant, alongside two other chip assembly units, took place simultaneously on Wednesday, symbolising a significant milestone in India's quest to become a prominent hub for semiconductor manufacturing. Prime Minister Narendra Modi laid the foundation for all three plants.

ADVERTISEMENT

Up Next

Tata-PSMC semiconductor plant in Dholera aims to roll out its first chip by late 2026

Tata-PSMC semiconductor plant in Dholera aims to roll out its first chip by late 2026

India's electric vehicle market to reach Rs 20 lakh crore by 2030, says Nitin Gadkari

India's electric vehicle market to reach Rs 20 lakh crore by 2030, says Nitin Gadkari

Mallya Calls for Justice Over Excess Debt Recovery and Legal Inconsistencies

Mallya Calls for Justice Over Excess Debt Recovery and Legal Inconsistencies

UK PM Keir Starmer hosts Indian business chiefs to boost investments

UK PM Keir Starmer hosts Indian business chiefs to boost investments

Bangladesh Government Plans to Renegotiate Power Deal with Adani Power, Citing Unfair Terms

Bangladesh Government Plans to Renegotiate Power Deal with Adani Power, Citing Unfair Terms

New Zealand falls into recession with abrupt economic slowdown

New Zealand falls into recession with abrupt economic slowdown

ADVERTISEMENT

editorji-whatsApp

More videos

Dollar Pushes Indian Rupee to Record Low of 85, Fed's Policy Outlook in Focus

Dollar Pushes Indian Rupee to Record Low of 85, Fed's Policy Outlook in Focus

Oil Prices Rally on Inventory Drop, Market Awaits Fed Projections

Oil Prices Rally on Inventory Drop, Market Awaits Fed Projections

SEBI Expands UPSI Definition, Strengthens ESG and Governance Frameworks

SEBI Expands UPSI Definition, Strengthens ESG and Governance Frameworks

Gold Imports surge in November: Commerce Ministry examining data for any calculation error

Gold Imports surge in November: Commerce Ministry examining data for any calculation error

Indian Stock Market: Mixed Sectoral Performance Amid IPO Highlights

Indian Stock Market: Mixed Sectoral Performance Amid IPO Highlights

Parliamentary Panel bats for legal guarantee of MSP to protect farmers' interests

Parliamentary Panel bats for legal guarantee of MSP to protect farmers' interests

Bihar fully prepared to create robust business ecosystem, investment safe: Dy CM Samrat Choudhary

Bihar fully prepared to create robust business ecosystem, investment safe: Dy CM Samrat Choudhary

"If they tax us, we tax them...," Trump Signals Tough Trade Stance; Reciprocal Tariffs on India

"If they tax us, we tax them...," Trump Signals Tough Trade Stance; Reciprocal Tariffs on India

Top 5 Losers of NIFTY 50: A Day of Decline for Leading Stocks

Top 5 Losers of NIFTY 50: A Day of Decline for Leading Stocks

India's renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

India's renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.