TATA Group and PSMC Forge Semiconductor Venture in India, Government Greenlights Plants: A Boost to Indigenous Chip Manufacturing

TATA Group joins hands with Taiwan's PSMC to establish a cutting-edge 300 mm wafer fabrication plant in Gujarat, aiming to launch its pioneering 28 nm chip by 2026. Simultaneously, the Indian Government sanctions assembly and test plants in Gujarat and Assam, marking significant strides in semiconductor manufacturing on home turf.

Understanding Semiconductor Chips

Semiconductor chips, the bedrock of modern electronics, are minute electronic devices crafted from semiconductor materials like silicon or germanium. These chips, housing billions of microscopic switches, are etched on silicon wafers, controlling electricity flow to perform diverse functions, from data processing to device control, in electronic gadgets.

India's Semiconductor Ecosystem Progress

India, fueled by its vast market potential, skilled workforce, and governmental backing, intensifies efforts to bolster its semiconductor ecosystem. With a burgeoning domestic market projected to hit $55 billion by 2026, India's semiconductor aspirations are bolstered by its established chip design industry, fostering innovation and skill development.

As India accelerates towards self-reliance in semiconductor manufacturing, collaborations like TATA-PSMC and government initiatives in Gujarat and Assam signal a promising future for indigenous chip production, reducing reliance on imports and fostering technological self-sufficiency.