Home BUSINESS NEWS Tata Group to Invest ?91,000 Crore in Semiconductor Plant

Tata Group to Invest ?91,000 Crore in Semiconductor Plant

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The Tata Group has announced a significant investment of ?91,000 crore to build India’s first semiconductor fabrication plant. This project is a part of the Indian government’s larger strategy to position India as a global leader in electronics manufacturing, with a target of reaching a $1 trillion electronics market by 2025. The plant is expected to generate thousands of jobs and greatly enhance India’s semiconductor production capabilities, which are vital for industries such as automotive, consumer electronics, and telecommunications. This move is seen as a key step toward reducing India’s dependence on semiconductor imports and promoting domestic innovation