Partnership with PSMC provides access to a broad technology portfolio, says Thakur
Tata Electronics in partnership with Powerchip Semiconductor Manufacturing Corporation (PSMC) will start building India’s first AI-enabled state-of-the-art Fab this year, an investment of Rs.91,000 crore.
Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) https://www.powerchip.com/en-global will provide technology and execution support for the state-of-the-art greenfield facility in Gujarat to address the global semiconductor markets in the areas of automotive, computing, communications, and artificial intelligence.
Tata Sons Chairman N Chandrasekaran said, “Tata Group has a tradition of pioneering many sectors in the country, and we are confident that our entry in semiconductor fabrication will add to this legacy.”
“This will also accelerate our progress towards providing high-technology employment opportunities for the youth of India.”
Indian semiconductor demand is expected to cross US$110 billion by 2030, while global semiconductor industry is expected to grow to US$1 trillion https://americansemi.com/ .
India’s entry in the semiconductor manufacturing will significantly de-risk global supply chains and will make India a very important player in the global semiconductor https://ism.gov.in/ industry, said Tata when announcing the mega investment on 2 Mar 2024.
The mega semiconductor fabrication facility (Fab) in Dholera, Gujarat, will have manufacturing capacity of up to 50,000 wafers per month and will include next generation factory automation capabilities deploying data analytics and machine learning to achieve industry-best factory efficiency.
It will manufacture chips for applications such as power management IC, display drivers, microcontrollers (MCU) and high-performance computing logic, addressing the growing demand in markets such as automotive, computing and data storage, wireless communication and artificial intelligence.
With AI-led digitization of every aspect of human existence, semiconductors will be the most critical building block.
Emphasizing the significance of this strategic step, Tata Electronics CEO & MD Dr Randhir Thakur said, “This marks a beginning of a new era for India. Tata Electronics is proud to play a prominent role in strengthening the global semiconductor ecosystem.
“Our partnership with PSMC provides access to a broad technology portfolio in leading edge and mature nodes including 28nm, 40nm, 55nm, 90nm & 110nm and also collaboration for high volume manufacturing.
“We are confident that the upcoming Fab will support our ambitions of ‘Make in India, For the World’. We will be able to serve our global customers’ requirements for supply chain resilience and meet the growing domestic demand.”
PSMC, which is one of Taiwan’s leading pure-play foundry companies with capabilities across logic and memory technologies, will provide access to leading-edge and mature technologies.
PSMC Chairman Dr Frank Huang said, “Tata Group is one of the most established and well-respected names in India and globally. We are very excited to enter in partnership with Tata group, that I believe will script a new era in the global semiconductor industry.”
Semiconductor industry presents a large and growing opportunity, and India is uniquely placed to capture this opportunity. On one end, India has a large and growing domestic demand and on the other end global customers are looking at India for supply chain resilience, he noted.
“There could not have been better time for India to make its entry into semiconductor manufacturing industry. This partnership has the potential to redefine the contours of global semiconductor manufacturing and we are looking forward to collaboration with Tata Electronics,” said Huang.
This new initiative from Tata Electronics will bring to India a portfolio of cutting-edge semiconductor technologies, advanced skill set and talent, and a network of semiconductor manufacturing suppliers and ecosystem partners, resulting in foundational development of indigenous semiconductor ecosystem in India.
With this Fab, India for the first time will be able to address the growing chip demand of domestic and global customers across automotive, computing, communications, and artificial intelligence markets.
Tata Group’s multi-fab vision for Dholera is projected to create over 100,000 skilled jobs and establish India as one of the key supply chain partners to the global semiconductor industry. Fiinews.com