A joint venture worth $11 billion is set to begin construction this year in India’s western state of Gujarat. Tata Group and Taiwan-based Powerchip Semiconductor Manufacturing Corporation believe the facility in the town of Dholera will be the country’s ideal entry into the global semiconductor supply chain. The plant will be powered by artificial intelligence, a first-of-its-kind project for India, and is anticipated to produce 50,000 wafers per month. From construction to completion, over 20,000 jobs will be created. “This marks a beginning of a new era for India,” said Tata Electronics CEO Dr. Randhir Thakur. “Our partnership with PSMC provides access to a broad technology portfolio in leading edge and mature nodes including 28nm, 40nm, 55nm, 90nm & 110nm and also collaboration for high-volume manufacturing. We are confident that the upcoming fab will support our ambitions of ‘Make in India, For the World.’ We will be able to serve our global customers’ requirements for supply chain resilience and meet the growing domestic demand.”
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