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Tuesday, July 23, 2024

Assam set to house a Rs 40,000 crore Semiconductor processing plant

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GUWAHATI, Dec 9: Assam Chief Minister, Himanta Biswa Sarma, on Friday announced that the Tata Group has formally applied to establish a cutting-edge semiconductor processing plant in the state, marking a significant stride in the region’s industrial landscape.

The conglomerate is set to invest a staggering Rs 40,000 crore in the venture, potentially reshaping Assam’s economic trajectory.

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Taking to micro-blogging site X, Sarma underscored the transformative potential of the semiconductor processing plant, terming it a “game-changer” for the state. In the same post, he extended heartfelt thanks to Prime Minister Narendra Modi for his unwavering guidance in steering Assam toward a path of progress and development.

“Tata Group has submitted an application to set up a semiconductor processing plant in Assam with an investment of ₹40,000 cr.
This will be a game changer. My gratitude to the Hon’ble Prime Minister Shri @narendramodi ji for his continuous guidance in transforming our state,” he wrote on X.

It is worth mentioning that the Tata Group’s application signals a crucial development in the state’s bid to attract high-tech industries and foster innovation. The semiconductor processing plant is expected to not only boost Assam’s industrial prowess but also create a ripple effect in job creation and skill development.

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The Hills Timeshttps://thehillstimes.in/
Welcome to The Hills Times, your trusted source for daily news and updates in English from the heart of Assam, India. Since our establishment in 2000, we've been dedicated to providing timely and accurate information to our readers in Diphu and Guwahati. As the first English newspaper in the then undemarcated Karbi Anglong district, we've forged a strong connection with diverse communities and age groups, earning a reputation for being a reliable source of news and insights. In addition to our print edition, we keep pace with the digital age through our website, https://thehillstimes.in, where we diligently update our readers with the latest happenings day by day. Whether it's local events, regional developments, or global news, The Hills Times strives to keep you informed with dedication and integrity. Join us in staying ahead of the curve and exploring the world through our lens.
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