Nagaland News Watch

To be the first, the Tata Group and the state government will construct a semiconductor packaging factory valued at Rs 25000 crore

<p>Together with the Assam government, Tata Group plans to construct the first-ever semiconductor packaging facility in the region, with an estimated cost of Rs 25000 crore. Union Minister of State for Electronics and IT Rajeev Chandrasekhar disclosed the idea for a huge factory by the Tata Group and the Assam government during his speech at the inaugural “Digital India Future Skills Summit” in Guwahati.</p>
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<p>Chandrasekhar said, “A semiconductor packaging plant will be established in partnership with the Assam government and Tata Group because of the leadership of Chief Minister Himanta Biswa Sarma.”</p>
<p>“We’ll get all the permissions in due course and present it to the cabinet for final approval. Young Indians who want to work in the semiconductor industry won’t need to fly to other cities or leave their state,” he continued.</p>
<p>The minister emphasized how, in the last ten years, India’s economy has grown significantly, moving from being one of the “Fragile 5” to one of the “Top 5” in the world.</p>
<p>For young Indians, the momentous achievement under Prime Minister Narendra Modi’s direction has opened up a plethora of prospects, especially in the developing technology sector where the nation is beginning from the same place as the rest of the globe.</p>
<p>We aim to communicate to young Indians via Future Skills that a plethora of chances will present themselves in the next years as a result of PM Modi’s initiatives. He emphasized that students must be empowered and equipped with knowledge in fields like artificial intelligence, cybersecurity, and semiconductors.</p>
<p>Guwahati is home to some of the largest corporations in the world in these sectors, including Nvidia, Intel, AMD, HCL, Wipro, and IBM.</p>
<p>The minister went on, “This summit aims to inspire young Indians to fully immerse themselves in the world of skills.”</p>
<p>In order to influence the direction of technology, Prime Minister Modi has developed a three-pronged strategy: “futureDESIGN” for design innovation, “futureLABS” for system innovation, and “futureSKILLS” for equipping young Indians with skills in developing industries.</p>
<p>The National Institute of Electronics and Information Technology (NIELIT) and prominent industry companies and academics, including Intel, HCL, Wipro, Microsoft, Kyndryl, IIM Raipur, and IIITM Gwalior, among others, were able to establish over thirty significant relationships thanks to the summit.</p>