Highlights

  • Dholera plant to produce first chip by 2026 end,
    PM Modi lays the foundation
  • Ceremony for semiconductor manufacturing hub.

Latest news

Putin hails Ukraine gains, threatens more, in annual press conference

Putin hails Ukraine gains, threatens more, in annual press conference

OnePlus Pad Go 2 Review: No drama, just a good tablet  

OnePlus Pad Go 2 Review: No drama, just a good tablet  

Parliament Moment: Priyanka Gandhi shares tea with Rajnath Singh. PM Modi and Om Birla

Parliament Moment: Priyanka Gandhi shares tea with Rajnath Singh. PM Modi and Om Birla

Cold wave deepens in Kashmir as Chillai-Kalan nears, temperatures dip below freezing

Cold wave deepens in Kashmir as Chillai-Kalan nears, temperatures dip below freezing

Pakistan accuses India of attempting to undermine Indus treaty

Pakistan accuses India of attempting to undermine Indus treaty

Vande Mataram discussion in UP legislature to mark 150th anniversary: Yogi Adityanath

Vande Mataram discussion in UP legislature to mark 150th anniversary: Yogi Adityanath

Ashes 2025: Travis Head slams unbeaten 142 to crush England's Ashes hopes

Ashes 2025: Travis Head slams unbeaten 142 to crush England's Ashes hopes

Tipra Motha youth wing protests Bangladesh leader's anti-India remarks in Agartala

Tipra Motha youth wing protests Bangladesh leader's anti-India remarks in Agartala

Tata-PSMC semiconductor plant in Dholera aims to roll out its first chip by late 2026

Backed by substantial government support, the project aims to propel India's ambitions in chip manufacturing. 

Tata-PSMC semiconductor plant in Dholera aims to roll out its first chip by late 2026

The semiconductor manufacturing plant jointly established by the Tata Group and Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC) in Dholera, Gujarat, is anticipated to be ready for production as soon as 2026-end. This update comes directly from Frank Huang, the chairman of PSMC, in an exclusive conversation with The Economic Times.

Primary focus on tech transfer

Huang revealed that the specific details of the joint venture with Tata Group are still under discussion, with a primary focus on technology transfer initially before investment discussions commence. PSMC, renowned for its memory chips and foundry services, expressed satisfaction with the swift progress of its Indian partner, the Tata Group, towards the $11 billion project.

Support from Indian government

The establishment of the Dholera unit is poised to receive substantial support from both the central and state governments, potentially covering up to 70% of the project costs. This initiative aims to materialise India's longstanding ambition of possessing its first commercial semiconductor fab, marking a significant stride in the country's technological advancement.

Production of 28nm chips initially

The manufacturing process at the Dholera plant is expected to commence with the production of 28nm chips. Huang emphasized the significance of this endeavor, stating that it heralds India's serious foray into the manufacturing and chip space. He envisages a promising future for India in semiconductor manufacturing, foreseeing the establishment of multiple fabs in the country.

Focus on semiconductor self-sufficieancy

The Indian government's pursuit of semiconductor self-sufficiency dates back to 2022 when it initially engaged in discussions with PSMC. The decision to partner with the Tata Group was attributed to various factors, including financial capabilities, prestige, and company size.

PM Modi lays the foundation

The ceremony for the Dholera plant, alongside two other chip assembly units, took place simultaneously on Wednesday, symbolising a significant milestone in India's quest to become a prominent hub for semiconductor manufacturing. Prime Minister Narendra Modi laid the foundation for all three plants.

ADVERTISEMENT

Up Next

Tata-PSMC semiconductor plant in Dholera aims to roll out its first chip by late 2026

Tata-PSMC semiconductor plant in Dholera aims to roll out its first chip by late 2026

Rupee breaches 91-mark against US dollar for first time in intra-day trade

Rupee breaches 91-mark against US dollar for first time in intra-day trade

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

RBI raises FY26 GDP growth projection to 7.3 pc

RBI raises FY26 GDP growth projection to 7.3 pc

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

ADVERTISEMENT

editorji-whatsApp

More videos

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Reliance completes merger of Star Television Productions with Jiostar

Reliance completes merger of Star Television Productions with Jiostar

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

Nifty hits record high after 14 months; Sensex nears all-time peak

Nifty hits record high after 14 months; Sensex nears all-time peak

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

India signs one-year deal to import 2.2 million tonnes of LPG from US

India signs one-year deal to import 2.2 million tonnes of LPG from US

India International Trade Fair begins at Pragati Maidan amid tight security

India International Trade Fair begins at Pragati Maidan amid tight security

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.