India Semiconductor Mission , Tata ink fiscal pact for Gujarat chip plant

Government semiconductor body ISM and Tata Group firms – Tata Electronics and Tata Semiconductor Manufacturing – have signed fiscal support agreement for the Gujarat unit, an official statement said on Wednesday.

Tata Electronics has committed to investing over Rs 91,000 crore to set up a semiconductor fab in the Dholera (SIR) with a capacity of 50,000 wafers starts per month (WSPM).