semiconductor chip from the new plant being set up by the Tata Group and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) in Gujarat’s Dholera, will be ready to roll out by the end of 2026, according to Frank Huang, chairman of PSMC.
Speaking exclusively to ET ahead of the ground-breaking ceremony for the $11 billion project that is scheduled for Wednesday, Huang said the contours of the JV with the Tatas are yet to be finalised. “At the moment we have decided to work out the technology transfer. Later we can talk about investment,” the 74-year-old said. PSMC is a maker of memory chips that also provides foundry services to its customers.
The central and state governments are together estimated to subsidise up to 70% of the project cost, with the Dholera unit slated to become India’s first commercial semiconductor fab – a longstanding ambition of New Delhi
Will Begin With 28nm Chips
Terming the progress at the upcoming plant as “very fast”, Huang said his company was pleased with the rapid pace at which its Indian partner, the Tata Group, was moving on the project.
«This is the beginning of India’s serious acceleration in the manufacturing and chip space,» Huang said in a virtual interaction from PSMC’s headquarters in Taiwan. “This