Assam govt, Tata Group ink land lease deal for Rs 27,000 crore semiconductor plant

Morigaon (Assam): The Assam Government on Tuesday signed an agreement with the Tata Group to lease over 170 acres of land to the company at Jagiroad in Morigaon district for a Rs 27,000-crore semiconductor plant. The 60-year lease agreement was finalised at the sub-registrar’s office by Tata Group Board member Ranjan Bandopadhyay and Assam Industrial Development Corporation’s (AIDC) manager (tech) and project in-charge Dhiraj Pegu.

District Commissioner (DC) Devasish Sharma, along with Tata Group officials, including Kaninika Thakur, Ashish Mishra, and Avinash Dhabade, were present on the occasion.