Live TV Breaking India State Business Entertainment Biography Lifestyle

Ratan Tata to spend Rs 27 billion here, 30 thousand people will get jobs

Sagar Patel

By Sagar Patel

Published on:

The Ratan Tata Group has started working rapidly on semiconductors. The first plant of which will be set up in Assam. The Assam government has also allotted land to the Tata Group for this purpose. According to the information, Tata Group will spend more than Rs 27,000 crore on this plant. After its construction, around 30 thousand people will get jobs. We will also tell you what kind of news has emerged regarding this Tata semiconductor plant.

170 acres of land found for the plant

The Assam government has signed an agreement with Tata Group, under which the company will be given over 170 acres of land on lease for a Rs 27,000 crore semiconductor plant at Jagiroad in Morigaon district. The 60-year lease agreement was finalised at the sub-registrar office by Tata Group board member Ranjan Bandopadhyay and Assam Industrial Development Corporation (AIDC) manager (technical) and project in-charge Dheeraj Pegu. Tata Group officials, including district commissioner (DC) Devashish Sharma, Kaninika Thakur, Ashish Mishra and Avinash Dhabde, were present on the occasion. Speaking to reporters after signing the agreement, Sharma said it is an important day for the entire state.

30 thousand people will find employment

The facility, to be built on the former site of Hindustan Paper Corporation Limited, is expected to create over 30,000 jobs and the first phase will go into operation by mid-2025. DC said that the land transfer has been completed. The Tata Group team has told us that the work will begin soon. We express our gratitude to them. Prime Minister Narendra Modi laid the foundation stone of this plant on March 13. The company said that the aim of this plant is to meet the growing global demand in artificial intelligence, industrial and consumer electronics. The company will focus on wire bonding, flip chip and integrated system packaging (ISP) with advanced packaging technology.

Sagar Patel

Sagar Patel

I am Sagar Patel, specializing in business news reporting. With a keen focus on economic trends, market analysis, and corporate developments,

Related Post

Leave a comment