Brief by Shorts91 Newsdesk / 02:39pm on 23 Apr 2024,Tuesday Business
Tata Electronics, in collaboration with PSMC, ventures into advanced chip production with plans to manufacture 14nm technology at their Gujarat plant. The Rs 91,000-crore semiconductor facility aims to produce energy-efficient, powerful chips for various applications. With orders up to capacity level for 28-90nm chips, scaling up to 14nm opens new opportunities. The Dholera fab, expected to commence operations by 2026, targets industries like computing, electric vehicles, and defense. Additionally, Tata Group invests Rs 27,000 crore in an ATMP project in Assam, contributing to job creation and advancing India's semiconductor ecosystem.
