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Tata Group plans to invest Rs 2 billion in semiconductor testing and packaging facility in India

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According to foreign media mysmartprice, the Tata Group plans to invest 2 billion rupees to establish an ATMP (assembly) in Kolar, Karnataka. , testing, marking and packaging) factory, will have the technology to develop market-ready chipsets using silicon wafers, creating more than 150 jobs.

Currently, there is no ATMP plant in India and Tata’s new semiconductor plant will pave the way for the production of silicon processors and other semiconductor components in India. India is also planning to open its first ATMP factory in the state of Gujarat, which will be run by US semiconductor company Micron Technology.

It is understood that the ATMP plant in Gujarat is expected to open in 2024 and the Tata Group ATMP plant is expected to start operations in the next 3-4 years.

Meanwhile, the Single Window Clearance Committee (SLSWCC) of Karnataka in southwestern India approved 91 projects worth Rs 76.6 billion. The proposals include those from companies such as Maruti Suzuki India, South West Mining, Krypton Solutions and Aegus Consumer.

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