16th Sept 2024 Source by https://www.msn.com/
Tata Electronics intends to set up two more semiconductor fabs in Dholera, Gujarat as part of its long-term plan to build chips locally and cater to global demand, according to two people directly aware of the company’s strategy.
While Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) is the partner for the ₹91,000-crore first phase at Dholera, the group will take a call on the timing of the second and third fabs, and whether to go with PSMC or look at alternatives, one of the people said on the condition of anonymity.
The next phase will likely begin in five to seven years, while the first fab is expected to start producing chips by 2026.
The two more fabs being planned “will be of the same scale as the first one”, said the person. “The nodes and technology will be decided once the first fab is at full capacity and will depend on the global demand and technology development within the semiconductor industry,” the person said.
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