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Tata Group has announced that it is setting up a semiconductor fab in Gujarat’s Dholera. The company made the announcement at the Vibrant Gujarat Global Summit. It further said that the Fab plant will begin operations in 2024. The group’s chairman N Chandrasekaran said that the group is in the final stages of negotiations for the plant.
“Tata Group has also made a commitment, and is on the verge of concluding and announcing a huge semiconductor fab in Dholera, and we are about to complete these negotiations and start in 2024,” Chandrasekaran said.
Tata Group is also building the C295 defence aircraft in Vadodara and will expand the manufacturing at Dholera, Chandrasekaran said.
“We see Gujarat as a very very important destination, not only for business growth but for the future advanced technology industries that India is looking to grow in,” he said.
According to the executive, at present, there are 21 companies from the group that employ over 50,000 people in the state.
Battery factory coming in next two months
Chandrasekaran also said that the group will begin construction of a 20 gigawatt lithium ion storage battery factory in Sanand city in the next two months. The expansion is aimed at meeting the growing demand for EVs, he added.
“This ambitious initiative marks a strategic move by Tata to bolster its presence in the renewable energy sector and contribute to India’s growing focus on sustainable power solutions,” the chairman added.
Tata to build India’s largest iPhone manufacturing plant
Tata Group has been focussing on consumer electronics manufacturing and is also planning to build one of India’s largest iPhone assembly plants. This plant will be built in Hosur in Tamil Nadu. The facility, which is expected to be operational within 12 to 18 months, is said to include 20 assembly lines and may provide employment to 50,000 workers within two years.
Notably, in September last year, US-based chipmaker Micron Technology started constructing a Rs 22,500 crore facility in Sanand, Gujarat. Additionally, Larsen & Toubro (L&T) has also announced to invest up to Rs 830 crore to build a fabless semiconductor chip design subsidiary.
“Tata Group has also made a commitment, and is on the verge of concluding and announcing a huge semiconductor fab in Dholera, and we are about to complete these negotiations and start in 2024,” Chandrasekaran said.
Tata Group is also building the C295 defence aircraft in Vadodara and will expand the manufacturing at Dholera, Chandrasekaran said.
“We see Gujarat as a very very important destination, not only for business growth but for the future advanced technology industries that India is looking to grow in,” he said.
According to the executive, at present, there are 21 companies from the group that employ over 50,000 people in the state.
Battery factory coming in next two months
Chandrasekaran also said that the group will begin construction of a 20 gigawatt lithium ion storage battery factory in Sanand city in the next two months. The expansion is aimed at meeting the growing demand for EVs, he added.
“This ambitious initiative marks a strategic move by Tata to bolster its presence in the renewable energy sector and contribute to India’s growing focus on sustainable power solutions,” the chairman added.
Tata to build India’s largest iPhone manufacturing plant
Tata Group has been focussing on consumer electronics manufacturing and is also planning to build one of India’s largest iPhone assembly plants. This plant will be built in Hosur in Tamil Nadu. The facility, which is expected to be operational within 12 to 18 months, is said to include 20 assembly lines and may provide employment to 50,000 workers within two years.
Notably, in September last year, US-based chipmaker Micron Technology started constructing a Rs 22,500 crore facility in Sanand, Gujarat. Additionally, Larsen & Toubro (L&T) has also announced to invest up to Rs 830 crore to build a fabless semiconductor chip design subsidiary.
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