Business Industry

Tata’s ₹27,000 Crore Semiconductor Investment in Assam Highlights Northeast’s Growth Potential

At the News18 Rising Bharat Summit 2025, Union Minister for Communications and Development of North Eastern Region, Jyotiraditya Scindia, lauded Tata’s decision to invest ₹27,000 crore in establishing a semiconductor assembly and test facility in Assam. He noted that this investment not only underscores the region’s industrial potential but also aligns with the government’s vision to transform the Northeast into a pivotal economic hub.

Key Highlights:

  • Infrastructure Development: Scindia highlighted significant improvements in the Northeast’s infrastructure, including the expansion of national highways from 10,000 km to 16,000 km over the past decade, enhancing connectivity and fostering economic growth.

  • Youth Empowerment: Emphasizing the demographic advantage, he pointed out that nearly 70% of India’s population is under the age of 35, positioning the country to harness this youthful energy for transformative growth.

  • Economic Growth: The minister noted that the Northeast’s economic growth rate stands between 12-15%, reflecting its emerging significance in the national economy.

Tata’s Investment Impact:

The proposed facility in Assam is expected to produce up to 48 million semiconductor chips daily, utilizing advanced packaging technologies. This initiative is poised to create over 27,000 direct and indirect employment opportunities, significantly boosting the local economy and establishing Assam as a key player in India’s semiconductor industry.

Scindia’s address at the summit reflects a broader strategy to leverage the Northeast’s potential, aiming for balanced regional development and positioning the region as a vital contributor to India’s economic narrative.

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