Tata's Rs 27,000 crore Assam Chip Plant to be operational in 2025

The inauguration ceremony for Tata Electronics' ₹27,000-crore semiconductor assembly and test facility at Jagiroad in Morigaon district of Assam was held on Saturday. The building is anticipated to be up and running by next year.

"At its capacity it will employ 27,000 people - 15,000 direct jobs and additional 12,000 indirect jobs," Tata Group chairman N Chandrasekaran said at the event attended by Assam chief minister Himanta Biswa Sarma as well.

"We want to move fast. We are trying to accelerate the building of this factory. We hope sometime in 2025 we will be able to complete this facility and quickly start operations," Chandrasekaran said.

He mentioned that the company has hired 1,000 individuals from Assam, and as the facility grows, it will attract entire semiconductor ecosystem businesses - initially as suppliers - to the nation.

The chief minister promised that the company will face no difficulty in setting up this facility. "The Tatas could have set up this industry in any state of the country but they chose Assam and we are grateful for that", he said. "The Tatas had given the assurance that local youth will be appointed and already 1,000 girls have been recruited and they are being trained in Hosur," he added.

The state also entered into a Memorandum of Understanding with Tata Group companies Amalgamated Plantations and Indian Hotels Company for the development of hotel and hospitality facilities in Kaziranga. Under the MoU agreement, an investment of ₹120 crore will be made to open a Taj Resort and Spa.