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Electronics manufacturing company Tata Electronics and Dutch semiconductor equipment major ASML have joined hands to enable chip manufacturing in India, a joint statement said on Saturday. The pact was announced during Prime Minister Narendra Modi's visit to the Netherlands. ASML is known for having monopoly in a category of lithography equipment which is critical for production of advance small size semiconductors. "Through this partnership, ASML will enable the establishment and successful ramp of Tata Electronics' upcoming 300 mm (12 inch) semiconductor Fab in Dholera, Gujarat. This collaboration is an important step in the context of the intensifying strategic collaboration between India and the Netherlands in the field of critical technologies, such as semiconductor technology," the statement said. Tata Electronics is setting up India's first semiconductor wafer fabrication plant, entailing an investment of Rs 91,000 crore. The collaboration between Tata Electronics and ASML
The government on Wednesday said it has notified a special economic zone to be set up by Tata Semiconductor Manufacturing Pvt Ltd for electronic hardware and software, including IT/ITeS, at Dholera in Gujarat. The company has proposed an investment of Rs 91,000 crore to set up India's first chip fabrication unit. The proposal was approved by the board of approval, the highest body for SEZ related issues. It is chaired by the commerce secretary. "The department of commerce on April 9 has notified a special economic zone to be set up by Tata Semiconductor Manufacturing Pvt Ltd exclusively for electronic hardware and software including IT/ITeS at Dholera, Gujarat," Additional Secretary in the Commerce Ministry Ajay Bhadoo told reporters here. The SEZ will be set up on an area of 66.16 hectares. It is expected to generate 21,000 jobs. To promote the sector, he said, the government last year reduced the minimum contiguous land requirement from 50 hectares to 10 hectares for the ...