Tech3 | Made-in-India chips a reality soon; Reliance-Disney set to dominate India's media landscape; and more

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• Made-in-India chips a reality soon
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• Decoding tech hub Bengaluru’s water woes

Made-in-India chips a reality soon

There aren't many days when a country takes a 'giant leap'.?

That's how India's technology minister Ashwini Vaishnaw described today’s announcement of a semiconductor fab and two chip packaging plants.

Driving the news: The Union Cabinet today approved three semiconductor projects worth Rs 1.26 lakh crore which are expected to create over 1 lakh jobs.

• After a long wait, India is set to get a chip fabrication plant from the house of Tatas for a planned investment of Rs 91,000 crore?

• Taiwanese company PSMC will be the technology partner for the fab that will have the capacity to produce 50,000 chip wafers per day

Fabrication is one of the most technically challenging parts of the chip supply chain and countries around the world are giving fab companies billions of dollars in subsidies to attract them.

Gujarat's hattrick: The fab will be located in Gujarat's Dholera. Another chip packaging plant, approved today at a cost of Rs 7,600 crore, will be situated in Sanand.

• With the announcement of the Rs 22,000 crore Micron chip plant in Sanand last year, Gujarat's tally now reaches three projects within the last 12 months

Assam springs a surprise:?In a surprising turn of events, Assam has managed to attract Tata for the third chip packaging plant amidst the competition among industrialised southern states.

• The plant, announced today, will be set up with an investment of Rs 27,000 crore and produce 48 million chips daily

It is also expected to create 27,000 jobs in the region, and the majority of the chips produced at this facility will be exported.

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(Picture credit: Kalaido.ai )

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