New Delhi, March 1 -- In a move to bolster the semiconductor and display manufacturing ecosystem in India, the Union Cabinet, led by Prime Minister Narendra Modi, has given the go-ahead for the establishment of three semiconductor units.
These units are slated to commence construction within the next 100 days and are projected to generate 20,000 direct advanced technology jobs and around 60,000 indirect employment opportunities.
Tata Electronics Private Limited (TEPL) will collaborate with Powerchip Semiconductor Manufacturing Corp (PSMC) from Taiwan to construct a semiconductor fab in Dholera, Gujarat.
This facility, with an investment of Rs 91,000 crore, will focus on producing high-performance computer chips and power management ch...