PSMC and Tata Electronics Sign Deal for India’s First $11 Billion 12-Inch Wafer Fab
Taiwan-based Powerchip Semiconductor Manufacturing Corporation (PSMC) and Indian tech manufacturer Tata Electronics have signed a definitive agreement to construct India’s first 12-inch semiconductor wafer fabrication plant. Located in Dholera, Gujarat, the facility represents an estimated investment of $11 billion and is projected to have a monthly production capacity of 50,000 wafers. The partnership focuses on transferring mature process technologies and training local employees, aiming to produce power management chips, display drivers, microcontrollers, and high-speed logic chips for automotive, computing, and AI markets. The deal is expected to create over 20,000 high-tech jobs. Indian Prime Minister Narendra Modi met with PSMC Chairman Frank Huang to express strong government support, promising administrative assistance and investment protection for Taiwanese firms. This collaboration marks a significant step in India’s strategy to reduce semiconductor import dependence and establish itself as a global chip manufacturing hub, aligning with Tata Group’s broader $90 billion investment plan in domestic chip production.
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PSMC and Tata Electronics Sign Deal for India’s First $11 Billion 12-Inch Wafer Fab
Taiwan-based Powerchip Semiconductor Manufacturing Corporation (PSMC) and Indian tech manufacturer Tata Electronics have signed a definitive agreement to construct India’s first 12-inch semiconductor wafer fabrication plant. Located in Dholera, Gujarat, the facility represents an estimated investment of $11 billion and is projected to have a monthly production capacity of 50,000 wafers. The partnership focuses on transferring mature process technologies and training local employees, aiming to produce power management chips, display drivers, microcontrollers, and high-speed logic chips for automotive, computing, and AI markets. The deal is expected to create over 20,000 high-tech jobs. Indian Prime Minister Narendra Modi met with PSMC Chairman Frank Huang to express strong government support, promising administrative assistance and investment protection for Taiwanese firms. This collaboration marks a significant step in India’s strategy to reduce semiconductor import dependence and establish itself as a global chip manufacturing hub, aligning with Tata Group’s broader $90 billion investment plan in domestic chip production.
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