The Modi government’s Semicon India Programme is playing a pivotal role in establishing India as a global powerhouse in semiconductor manufacturing. A series of landmark approvals and collaborations in 2024 have paved the way for India to achieve new heights in the electronics and chip manufacturing sector.
Tata Electronics’ Semiconductor Fab Plant
Tata Electronics Private Limited (TEPL) has been granted approval to set up a semiconductor fab plant in India with an investment of ₹91,526 crore. Announced in February 2024, this facility will be developed in technological partnership with Taiwan’s PSMC, a leading semiconductor company with six foundries in Taiwan. The plant is projected to have a production capacity of 50,000 wafer starts per month, marking a significant milestone in India’s chip manufacturing journey.
Tata Electronics’ OSAT Facility
In addition to the fab plant, TEPL’s proposal for an Outsourced Semiconductor Assembly and Test (OSAT) facility has also been approved with an investment of ₹27,120 crore. This facility will leverage indigenous semiconductor packaging technologies and will have a daily production capacity of 48 million units.
CG Power’s Joint Venture OSAT Facility
CG Power and Industrial Solutions Limited has received approval for setting up an OSAT facility in India with an investment of ₹7,584 crore. The project is a joint venture with Renesas Electronics America Inc. and STARS Microelectronics, Thailand. The technology for this facility will be provided by Renesas Electronics Corporation (Japan) and STARS Microelectronics (Thailand). The facility is expected to produce 15.07 million units per day, strengthening India’s foothold in the global chip supply chain.
Kaynes Technology’s OSAT Plant in Gujarat
Kaynes Technology India Limited (KTIL) will establish an OSAT facility in Sanand, Gujarat, with an investment of ₹3,307 crore. Approved in September 2024, this plant will utilize technology from ISO Technology Sdn. Bhd. and Aptos Technology Inc. The facility will produce over 6.33 million chips per day, contributing to India’s growing semiconductor ecosystem.
Modi Government’s Vision: Transforming India into a Manufacturing Powerhouse
Under the leadership of Prime Minister Narendra Modi, the Semicon India Programme is a cornerstone of India’s mission to emerge as a global semiconductor and electronics manufacturing hub. This aligns with the government’s broader goals under the Aatmanirbhar Bharat (Self-Reliant India) and Make in India initiatives.
These strategic investments and collaborations are not only bolstering India’s technological self-reliance but also enhancing its global competitiveness in the semiconductor sector. By fostering innovation and creating a robust ecosystem, the Modi government is positioning India as a leader in high-tech manufacturing.
The combined efforts in semiconductor manufacturing will generate significant employment opportunities, attract foreign investments, and strengthen India’s economy. This initiative marks a decisive step toward realizing the vision of making India a developed nation by 2047, reinforcing its status as a rising technological and industrial superpower.
