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Powerchip Semiconductor Manufacturing Corporation (PSMC) and Tata Group have commenced a partnership to build India's first 12-inch wafer fabrication plant in Dholera, Gujarat. The $11 billion project aims for a monthly capacity of 50,000 wafers and over 20,000 jobs, with production targeted by 2026.
“Tata has already made the first payment for fab intellectual property (Fab IP) to PSMC, enabling progress on facility design and technical planning.”ic-pcb.com
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