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Tata Electronics partnered with Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC) to build India's first AI-enabled semiconductor fab in Gujarat. The facility will produce up to 50,000 wafers per month and create over 20,000 jobs.
India Semiconductor Mission, CG Power and Industrial Solutions Ltd. and CG Semi Pvt. Ltd. signed a Fiscal Support Agreement on January 17, 2025, for a semiconductor OSAT facility in Sanand, Gujarat, with a total investment of approximately ₹7,600 crore. The project is in partnership with Renesas Electronics America Inc. and Stars Microelectronics (Thailand) Public Co. Ltd.