Tata plans to set up US$ 300 million semiconductor unit in India

sterlingsilver · 29th November 2021, 12:17

Quote:

Originally Posted by Tucker48

I would say it's too little and too late. By 2023, industry expects no chip shortages and we might even see overcapacity. It's just an assembly plant completely dependent on foundries who inturn are dependent on ASML(next trillion dollar company in my opinion) for advanced machines. Also geopolitics play a big role here. A while back US stopped the sale of advanced machines from ASML to China even though it's a Dutch company.

What I think tata is targeting is old age chips only which are used in vehicles as space is not an issue in vehicles like in computers, smartphones, etc. But in future, it might change as well with more tech flowing into vehicles.

+1 on that. The shortages are purely temporary. Not sure if overcapacity will ever happen, but bottlenecks to be ironed out. Newer players and new production geographies will ensure this situation will not happen again. Once bitten, twice shy.

condor · 16th December 2021, 15:41

GoI ups the stakes with a 76000 cr plan to woo manufacturers and establish a semi-conductor ecosystem from design to manufacture:

https://www.business-standard.com/ar...1600048_1.html

TusharK · 27th December 2021, 12:55

Govt. to bear 50% of the project cost to setup chip plant

Last week, the government of India announced a Rs 76,000 crore incentives scheme to promote chip manufacturing in the country. According to the fine print, the government will provide up to 50% of the project cost to companies looking to set up semiconductor factories.

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The government will bear up to 50% of the cost of setting up a facility to fabricate chips of up to 28 nm, up to 40% for chips of 28 nm to 45 nm and up to 30% for chips of 45 nm to 65 nm.

Companies looking to set up a chip manufacturing unit in India will have to make a minimum capital investment of Rs. 20,000 crore. The applicants are required to have a minimum revenue of Rs. 7,500 crore.

Semiconductor manufacturing industries will receive government support for 6 years. However, the tenure of the actual fiscal support outflow could be extended. If the government provides fiscal support through equity, its share will not exceed 48% of the total project equity.

Source: ET Auto

Link to Team-BHP News

Ashutosh · 27th December 2021, 14:25

https://www.youtube.com/watch?v=NaMUQQtlrNA

best wishes to the teams in India

syks · 27th December 2021, 22:24

A good policy even though one or two decade late! It will be a catalyst to shift the mindset from being overtly service oriented to manufacturing oriented. A long way to go but in right direction. It maybe packaging initially, but any manufacturing activity hub will lead to setup of requisite infra, development of auxilliary services etc. The earlier PLI scheme for assembly of TV, phones etc has been a success!

16th December 2021, 15:41	#17
condor Distinguished - BHPian Join Date: Jun 2006 Location: Speed-brkr City Posts: 15,864 Thanked: 16,014 Times View My Garage	Re: Tata plans to set up US$ 300 million semiconductor unit in India GoI ups the stakes with a 76000 cr plan to woo manufacturers and establish a semi-conductor ecosystem from design to manufacture: https://www.business-standard.com/ar...1600048_1.html
	(11) Thanks

27th December 2021, 12:55	#18
TusharK Senior - BHPian Join Date: Jul 2017 Location: Pune Posts: 6,266 Thanked: 55,816 Times	Re: Tata plans to set up US$ 300 million semiconductor unit in India Govt. to bear 50% of the project cost to setup chip plant Last week, the government of India announced a Rs 76,000 crore incentives scheme to promote chip manufacturing in the country. According to the fine print, the government will provide up to 50% of the project cost to companies looking to set up semiconductor factories. The government will bear up to 50% of the cost of setting up a facility to fabricate chips of up to 28 nm, up to 40% for chips of 28 nm to 45 nm and up to 30% for chips of 45 nm to 65 nm. Companies looking to set up a chip manufacturing unit in India will have to make a minimum capital investment of Rs. 20,000 crore. The applicants are required to have a minimum revenue of Rs. 7,500 crore. Semiconductor manufacturing industries will receive government support for 6 years. However, the tenure of the actual fiscal support outflow could be extended. If the government provides fiscal support through equity, its share will not exceed 48% of the total project equity. Source: ET Auto Link to Team-BHP News Last edited by TusharK : 27th December 2021 at 12:59.
	(13) Thanks

27th December 2021, 22:24	#20
syks Newbie Join Date: Dec 2021 Location: Karwar Posts: 3 Thanked: 11 Times	Re: Tata plans to set up US$ 300 million semiconductor unit in India A good policy even though one or two decade late! It will be a catalyst to shift the mindset from being overtly service oriented to manufacturing oriented. A long way to go but in right direction. It maybe packaging initially, but any manufacturing activity hub will lead to setup of requisite infra, development of auxilliary services etc. The earlier PLI scheme for assembly of TV, phones etc has been a success!
	(5) Thanks