Tata Group plans to invest 2 billion rupees to build semiconductor test and packaging plant in India

CTOnews.com, September 18, according to foreign media mysmartprice, Tata Group plans to invest 2 billion rupees (CTOnews.com Note: currently about 175 million yuan) to build an ATMP (assembly, testing, marking and packaging) plant in Coral, Karnataka, which will have the technology to develop listed chipsets using silicon wafers, creating more than 150 jobs.

Currently, there is no ATMP plant in India, and Tata's new semiconductor plant will pave the way for the production of silicon processors and other semiconductor parts in India. India also plans to open its first ATMP plant in Gujarat, which will be operated by Micron Technology, the US semiconductor company.

It is understood that the ATMP plant in Gujarat is expected to open in 2024, and the Tata ATMP plant is expected to start operation in the next three to four years.

Meanwhile, the single window Customs clearance Committee (SLSWCC) in the southwestern Indian state of Karnataka approved 91 projects worth 76.6 billion rupees (currently about 6.71 billion yuan). The proposals include companies such as Maruti Suzuki, Southwest Mining, Krypton Solutions and Aegus Consumer in India.