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TAP TIMES -6- JANUARY 2023
Made in India (from 4) After India’s renewed campaign to bring
semiconductor fabrication to the country,
North, Phoenix, Arizona — and that’s just many local pundits believed India’s second
for bricks and mortar. The front-end semi- largest corporation Tata, might rush to fill
conductor gear needed to produce chips is in the semiconductor void.
very expensive.
Last year, Intel broke ground near Colum- In 2021-22, the revenue of Tata compa-
bus, Ohio for two megafabs that will ini nies, taken together, was $128 billion
tialltially cost more than $20 billion. (₹9.6 trillion). These companies collec-
tively employ over 935,000 people and
sported a a $311 billion market cap as of
March 31, 2022.
No fab from Tata
Many hoped that Tata would accept the $1
billion incentive to create a wafer fab.
While that didn’t happen, in November
2021, sources such as Reuters, reported
that Tata was in talks with three Indian
states to set-up a $300 million chip as-
sembly and test operation.
Distant from generating the chips, that
has moved India a few steps closer to its
dream. The Reuters report said Tata was
Last April, Intel CEO Pat Gelsinger met with Prime Minister Na- in talks with Tamil Nadu, Karnataka and
rendra Mohdi. The PM gave Gelsinger a plaque honoring Intel’s
decades-long business in India and discussed that country’s fu- Tetangana states.
ture in semiconductors. (Government of India)
A partial infrastructure The story said the OSAT would be oper-
In India’s favor, the government of India ating by late in 2022 and would employ
says that some 2,000 chips were designed 4,000. (As of December 2022, it was not
per year (as of 2011) through the services in operation).
of 20,000 engineers.
Finally, however, inn December 2022, local
The government said in addition to the Indian media reported, “Roaming in thin
$1 billion, it would offer various other tax air for almost around 1 year, Tata Sons
and investment incentives. Still, few, if chairman Natarajan Chandrasekaran fi-
any chip makers responded to the govern- nally materialized the news of Tata Group
ment’s generous offer. entering the semiconductor business.”
Semiconductor makers already presume Tata Electronics
there will be many large inventives from The project will be Tata Group under Tata
state and local sources to bring in manu- Electronics Private Limited, a greenfield
facturing, which expands the tax base.
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