SME Times is powered by   
Search News
Just in:   • India stays resilient with diversified export basket amid global uncertainty  • India won’t rush into a trade deal: Piyush Goyal  • Piyush Goyal invites CEOs and industry leaders in Berlin to join India’s growth story  • APEC Summit 2025 draws keen attention with S. Korea-US trade deal at stake  • Strong Q2 growth, GST reforms to help India’s growth expand at 6.6 pc this year: IMF 
Last updated: 10 Sep, 2024  

Tata Electronics, ASMPT Singapore to nurture chip supply chain ecosystem in India

Screenshot 2024-09-10 at 2.59.04 PM.png
   Top Stories
» India won’t rush into a trade deal: Piyush Goyal
» Strong Q2 growth, GST reforms to help India’s growth expand at 6.6 pc this year: IMF
» SOAR laying foundation for digitally inclusive, competitive, and self-reliant India: Govt
» UPI transactions surge to Rs 94,000 crore daily in Oct, set for record festive month
» Gold, silver prices cool after record highs; jewellery sales jump 35–40 pc during Dhanteras
IANS | 10 Sep, 2024

Tata Electronics on Tuesday signed a pact with ASMPT Singapore, a global supplier of hardware and software solutions for semiconductors and electronics, to collaborate on establishing chip assembly equipment infrastructure and solutions in the country.

The move is aimed at accelerating Tata Electronics’ readiness for its semiconductor assembly and test facilities in Vemagal, Karnataka and Jagiroad, Assam.

ASMPT will help in workforce training, advancing service engineering infrastructure, automation, spare supports and boosting R&D initiatives in the area of wirebond, flip chip, advanced packaging and integrated system packaging.

“This partnership will emphasise the development of essential training programmes and advanced research and development, while also nurturing a vibrant ecosystem within the country,” said Dr Randhir Thakur, Managing Director and CEO, Tata Electronics.

The partnership will also focus on energy and material efficiency to promote sustainable growth and strengthen the semiconductor supply chain ecosystem.

“By leveraging our collective expertise and resources, we are well-positioned to drive significant progress in the semiconductor industry. This collaboration will not only propel technological innovation but also cultivate the talent required for sustained future growth,” said Robin Ng, Group CEO, ASMPT.

Prime Minister Narendra Modi recently laid the foundation stones for two Tata Electronics facilities, including a state-of-the-art semiconductor fab in Dholera, Gujarat, and a Semiconductor Assembly and Test (OSAT) Facility in Jagiroad, Assam.

With an investment outlay of Rs 1,18,000 crore, Tata Electronics is set to generate nearly 50,000 direct and indirect jobs.

The semiconductor plant in Assam will produce 4.83 crore semiconductor chips per day, along with generating 15,000 direct and up to 13,000 indirect jobs once operational. The Assam plant is being set up with an investment of Rs 27,000 crore.

ASMPT’s continuous investment in R&D also helps provide cost-effective, industry-shaping solutions that achieve higher productivity, greater reliability, and enhanced quality.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹84.00
₹82.25
UK Pound
₹104.65
₹108.10
Euro
₹92.50
₹89.35
Japanese Yen ₹56.10 ₹54.40
As on 25 Jul, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter