Tata Electronics has completed a definitive agreement with Powerchip Semiconductor Manufacturing Corporation (PSMC) of Taiwan for technology transfer.

As part of  the agreement, PSMC will provide design and construction support to build a greenfield fab in Dholera, Gujarat, license a portfolio of technologies, and offer engineering support to successfully transfer licensed technologies to the unit.

With a total investment of up to Rs 91,000 crore, the plant will create over 20,000 direct and indirect employment opportunities. This fab will have a manufacturing capacity of up to 50,000 wafers per month and will deploy data analytics and machine learning to achieve factory-level efficiency.

The new semiconductor fab will manufacture chips for applications such as power management ICs, display drivers, microcontrollers (MCUs), and high-performance computing logic, addressing the growing demand in markets such as AI, automotive, computing and data storage, and wireless communication. PSMC's technology and expertise will further accelerate its roadmap to pioneer semiconductor manufacturing in India.

This collaboration is a key milestone, paving the way for innovation, driving growth, and strengthening the global semiconductor supply chain.