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

The outsourced semiconductor assembly and test (OSAT) plant will assemble and test foundry-made silicon wafers and turn them into finished semiconductor chips.

The Tata group is in talks with three state governments to invest up to US$ 300 million to set up a semiconductor assembly and test unit.

According to a media report, Tata is having discussions with the governments of Tamil Nadu, Karnataka and Telangana. The company is also said to be scouting for land to set up the new factory.

Tata plans to set up an outsourced semiconductor assembly and test (OSAT) plant. The facility will assemble and test foundry-made silicon wafers and turn them into finished semiconductor chips.

Tata's new semiconductor unit could employ up to 4,000 workers and is expected to come online by late 2022.

Source: ET Auto