A big leap

Investment in semiconductors is just beginning

After US chip-making giant Micron laid the foundation for constructing its first semiconductor plant in India in Gujarat last year, the country has increased its semiconductor ambitions. Recently, the Union Cabinet approved three more semiconductor units with investment worth Rs 1.26 trillion, including what will be India’s first semiconductor fabrication plant. Tata Electronics Pvt Ltd will set up a semiconductor fab in partnership with Powerchip Semiconductor Manufacturing Corp of Taiwan in Dholera, Gujarat. Besides, two semiconductor ATMP (assembly, testing, marking, and packaging) units will be set up in Morigaon, Assam, and Sanand, Gujarat, respectively. This is a big leap for