The inauguration ceremony, scheduled for March 23, will witness the laying of the foundation stone for the sprawling facility spanning 25,000 square feet.
The Dholera plant is expected to begin by manufacturing 28 nanometer chips, with plans for potential future upgrades to 22 nanometer technology.
The Chip IN facility will act as one stop centre to provide semiconductor design tools, fab access, virtual prototyping hardware lab access to fabless chip designers of the country.
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Taisys introduces "OneChip™," a semiconductor design platform set to reshape the traditional semiconductor supply chain to meet the fast-growing demand in India's automotive industry.
Chandrasekhar disclosed that a proposal for the semiconductor plant, developed in collaboration with the Tata Group, is in its final stages and will soon be presented to the Union Cabinet for approval.
This would be the first semiconductor company with real fabrication pedigree to join India's $10 billion chip manufacturing scheme, which was launched in December 2021 to attract global players to set up fabs in the country.
One of the most significant outcomes of JSW Group's investment in Odisha is the creation of over 11,000 jobs in various sectors.