At its full capacity, it will employ 27,000 people, including 15,000 direct jobs and an additional 12,000 indirect jobs, Tata Sons Chairman N Chandrasekaran said on Saturday.
Tata Electronics’ Rs 27,000-crore chip assembly plant in Assam is set to create 27,000 jobs and is expected to be operational by 2025, announced Tata Sons Chairman N Chandrasekaran on Saturday.
During the Bhumi Pujan ceremony for the plant, Chandrasekaran revealed that the company has already employed 1,000 people from Assam. He highlighted that the facility, once fully operational, will generate 15,000 direct jobs and an additional 12,000 indirect jobs, fostering the entire semiconductor ecosystem.
“We aim to move swiftly and accelerate the construction of this factory. We anticipate completing the facility and starting operations by 2025,” Chandrasekaran stated.
He also mentioned that other companies within the semiconductor ecosystem would initially serve as suppliers and eventually establish their own units in the country.
Assam Chief Minister Himanta Biswa Sarma, who attended the ceremony, described it as a ‘golden day’ for the people of Assam. He assured the Tata Sons Chairman that the company would encounter no difficulties in setting up the industry and expressed the state’s gratitude for the facility.
“The establishment of this facility will drive industrial development in the state, creating employment opportunities for the youth,” Sarma said after the Bhumi Pujan in Jagiroad, Morigaon district.
He credited Prime Minister Narendra Modi, Union Finance Minister Nirmala Sitharaman, and Electronics Minister Ashwini Vaishnaw for making this project possible. “They assured us that if Tata takes one step, the Centre will take two steps to ensure the facility is set up in Assam,” he added.
Despite the decline in insurgency activities, few private companies have invested in the state. Sarma recalled approaching Chandrasekaran, then the managing director of Tata Consultancy Services, to co-sponsor the Indian Institute of Information Technology (IIIT) in Guwahati, a proposal to which Chandrasekaran readily agreed.