In a significant announcement at the 10th Vibrant Gujarat Global Summit, Tata Sons Chairman N Chandrasekaran announced plans to construct a semiconductor factory in Dholera, Gujarat, according to Tata Sons Chairman N Chandrasekaran.
"We are about to complete negotiations for the semiconductor fab, and start in 2024," Chandrasekaran stated.
Chandrasekaran highlighted the significant presence of Tata Group in Gujarat, with 21 of its companies operating in the state, employing over 50,000 people. The group has recently made substantial commitments to expand its footprint in Gujarat, including the development of a 20 GW gigafactory for lithium-ion batteries in Sanand, set to begin construction in the coming months. Additionally, Tata Group is building the C295 defence aircraft in Vadodara and DOA.
In addition to these developments, Tata Group is actively engaged in manufacturing C295 defence aircraft, with operations initially underway in Vadodara and soon to expand to DOA. Moreover, Chandrasekaran revealed, "The T group has also made a commitment and is on the verge of concluding and announcing a huge semiconductor Fab in Dholera."
The group's vision for Gujarat extends beyond manufacturing facilities. Chandrasekaran disclosed their partnership with the Indian government and the Gujarat government to establish an Institute of Skills spanning 3.2 lakh square ft. This institute aims to train more than 25,000 professionals annually in advanced manufacturing, electric vehicles, advanced electronics, and hospitality. The first phase of this project is slated to launch in March 2024.
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