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Land lease agreement signed for semiconductor facility in Morigaon

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HT Correspondent

MORIGAON, July 16: The official land lease agreement for Tata Group’s semiconductor project in Jagiroad, Morigaon district, was successfully finalized on Tuesday. The agreement, signed at the Sub-Registrar’s Office in Morigaon, leases 517.27 bighas of land to Tata Group for 60 years. Representing Tata Group, board member and chief human resources officer Ranjan Bandopadhyay, and AIDC’s manager (Tech) and project in charge Dhiraj Pegu inked the deal. The occasion was graced by district commissioner Devasish Sharma and sub-registrar Namrata Chahu overseeing the proceedings.

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District commissioner Devasish Sharma stated that today holds special significance for Morigaon district, as Tata is slated to commence production at the facility by 2026, initially on a small scale. Present at the signing ceremony were assistant vice president of Tata Electronics Pvt Ltd Kaninika Thakur, executive Amoolya Huilgal, legal executive Nidhiya Jayaraman, HR Col Vikas Bhomia, and project team members Ashish Mishra and Avinash Dhabade.

It is noteworthy that Prime Minister Narendra Modi laid the foundation stone for Tata Group’s semiconductor and testing center in Jagiroad on March 13, marking a technological milestone for Assam. The center represents an investment of Rs 27,000 crore and is projected to produce 48 million chips daily, providing direct employment to 16,000 young individuals. Chief minister Himanta Biswa Sarma was also present at the foundation stone laying ceremony.

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