NEW DELHI: Govt on Monday cleared a proposal of Kaynes Semicon to set up a Rs 3,307-crore semiconductor unit in Sanand, Gujarat, that will have the capacity to churn out 6.3 million chips a day.
IT minister Ashwini Vaishnaw said an ecosystem for semiconductors is developing in the country and this has been fuelled by the India Semiconductor Mission. “Today, the Cabinet has approved Kaynes’ plant, with a capacity of 6.3 million chips per day.The plant will come up in 46 acres. It is a big plant and a large portion of the production will go for Kaynes Industries. It has already been booked.”
The plant will also cater to semiconductor related to the power sector. The company has already acquired land in Sanand, Gujarat for the project, and construction will start soon.
Chips produced in the unit will cater to a wide variety of applications that include segments such as industrial, automobile, electric vehicles, consumer electronics, telecom, and mobile phones.
“Power-related chips..chips used in automobiles and home appliances, will also be produced in this plant,” Vaishnaw said briefing reporters. Giving an update on Tata’s Dholera plant, the minister informed that land acquisition has already been done for the “massively large and complex project”.
Tata Electronics is setting up a semiconductor fab in partnership with Powerchip Semiconductor Manufacturing Corp (PSMC) of Taiwan. This fab will come up at Dholera in Gujarat, and entail an investment of Rs 91,000 crore.
On the status of Micron’s project, the minister said that the first Made in India chip will come up in the middle of next year. In June last year, Micron announced an investment of $825 million to set up a new assembly and test facility in Gujarat.
IT minister Ashwini Vaishnaw said an ecosystem for semiconductors is developing in the country and this has been fuelled by the India Semiconductor Mission. “Today, the Cabinet has approved Kaynes’ plant, with a capacity of 6.3 million chips per day.The plant will come up in 46 acres. It is a big plant and a large portion of the production will go for Kaynes Industries. It has already been booked.”
The plant will also cater to semiconductor related to the power sector. The company has already acquired land in Sanand, Gujarat for the project, and construction will start soon.
Chips produced in the unit will cater to a wide variety of applications that include segments such as industrial, automobile, electric vehicles, consumer electronics, telecom, and mobile phones.
“Power-related chips..chips used in automobiles and home appliances, will also be produced in this plant,” Vaishnaw said briefing reporters. Giving an update on Tata’s Dholera plant, the minister informed that land acquisition has already been done for the “massively large and complex project”.
Tata Electronics is setting up a semiconductor fab in partnership with Powerchip Semiconductor Manufacturing Corp (PSMC) of Taiwan. This fab will come up at Dholera in Gujarat, and entail an investment of Rs 91,000 crore.
On the status of Micron’s project, the minister said that the first Made in India chip will come up in the middle of next year. In June last year, Micron announced an investment of $825 million to set up a new assembly and test facility in Gujarat.
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