2024 landmark year for semiconductor industry in India

NEW DELHI: This year has been a landmark one for the country’s semiconductor industry as the government announced first semiconductor fab in Dholera, Gujarat.

The government approved the first fab proposal, which will be set up in partnership with Tata Electronics, a subsidiary of Tata Group, and Powerchip Semiconductor Manufacturing Corp (PSMC) of Taiwan, at a cost of Rs 91,000 crore.

As per the government, the plant will produce 50,000 wafer starts per month (WSPM).