Union Finance Minister Nirmala Sitharaman on Friday said Assam’s upcoming Rs 27,000-crore semiconductor plant will position the state as the “driver of the engine” for a developed India.
Sitharaman, on a two-day tour of Assam, visited the under-construction Tata Electronics Outsourced Semiconductor Assembly and Test (OSAT) facility at Jagiroad in Morigaon district. The project, with an expected output of 48 million semiconductor chips per day, will employ advanced packaging technologies such as flip chip and Integrated System in Package (ISIP).
“Through this unit, Assam will probably be the driver of the engine for Viksit Bharat. I think Assam has a golden moment,” she said, addressing entrepreneurs and students in the presence of Chief Minister Himanta Biswa Sarma.
The Finance Minister emphasised the facility’s role in fostering local entrepreneurship. “Youth in Assam should really come out now and take the little risk of not being comforted by a job which pays you salary, but the risk of doing business on your own. Today, you have the right kind of people to handhold you. Come out and contribute to the Viksit Bharat dreams,” she added.
Also read: Sitharaman begins Assam tour, visits Tata’s ₹27,000-cr chip plant
Sitharaman’s office said the Morigaon semiconductor plant is part of a broader government initiative to develop a self-sufficient semiconductor ecosystem in India. The facility is designed to support essential sectors such as automotive, electric vehicles, telecommunications, and consumer electronics. “Hon’ble Prime Minister Shri @narendramodi, since 2014, has focused on the holistic development of the North-East, which is critical for achieving the goal of #ViksitBharat by 2047,” the release noted.
The Chief Minister expressed gratitude for the Finance Minister’s support in bringing the semiconductor project to Assam. “The Tata semiconductor facility marks India’s future in high-tech manufacturing, set to redefine Assam’s industrial landscape and generate vast opportunities for our youth,” Sarma said.
Sitharaman, who was welcomed at Lokpriya Gopinath Bordoloi International Airport by Sarma and State Finance Minister Ajanta Neog, is scheduled to inaugurate the 'Gateway of Guwahati', a Rs 305-crore terminal and jetty on the Brahmaputra riverbank, and dedicate the Rs 327-crore Brahmaputra Riverfront project at Sati Radhika Udyan on Friday evening.
On Saturday, she will visit Gohpur in Biswanath district to lay the foundation stone for the Swahid Kanaklata Barua State University, approved by the Assam Cabinet in June at a cost of Rs 400 crore.
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