Tata is making big plans to boost technology and manufacturing in India. The company is looking to invest a whopping Rs 40,000 crore to set up a chip processing plant in Assam. This news follows a recent report suggesting Tata’s interest in building an iPhone factory in Tamil Nadu.
Assam’s Chief Minister, Himanta Biswa Sarma, shared the exciting development during a local function. According to him, Tata Electronics Ltd has formally proposed the establishment of an electronic center in Jagiroad, Assam. The company has submitted a comprehensive application to the government, outlining an investment of about Rs 40,000 crore for this ambitious project.
Jagiroad, located approximately 55 km from Guwahati, Assam’s largest city, is the chosen site for this high-tech venture. Chief Minister Sarma expressed his optimism about the news, emphasizing the positive impact it could have on the state’s industrial landscape. He stated that Tata Electronics Ltd had initiated discussions with the state government and, satisfied with the progress, sought final approval from the Central Government.
Sarma added, “They have submitted a proposal to the Government of India with an outlay of about Rs 40,000 crore.” He highlighted that the Tata Group had approached the state government to collaborate on training programs, aiming to prepare 1,000 individuals for employment opportunities within the proposed electronic center.
The Chief Minister disclosed that if all goes well, the state could witness a significant investment that would contribute to a favorable environment for industrial growth. Assuring ongoing communication with the Central Government, Sarma expressed hope for the final approval to be granted within the next month or two.
In addition to the chip plant in Assam, Tata is eyeing a major move into the smartphone manufacturing sector. The company is actively planning the construction of one of India’s largest iPhone assembly plants. This initiative aligns with Apple’s strategy to diversify its manufacturing operations and reduce its reliance on China.
The proposed iPhone assembly plant is intended for Hosur in the southern state of Tamil Nadu. Reports suggest that the facility could house up to 20 assembly lines and provide employment for around 50,000 workers within the next two years. Tata aims for the site to become operational within 12 to 18 months.
Simultaneously, Apple is also keen on expanding its iPhone manufacturing capabilities in India. The tech giant has set a target to produce a significant portion—about one-fourth—of its total iPhones within the country. This move aligns with Apple’s broader strategy to establish a more diversified and robust manufacturing ecosystem outside of China.
Chief Minister Sarma expressed enthusiasm about the changing landscape of electronics and IT industries in the state. He remarked, “We used to always ask why the electronics and IT industry did not come to our state. Now it is changing.” The proposed investments from Tata indicate a positive shift in the industrial dynamics of Assam, potentially opening new doors for economic growth and employment opportunities.
In conclusion, Tata’s plans for a chip processing plant in Assam and a significant iPhone assembly plant in Tamil Nadu signal a transformative phase for India’s technology and manufacturing sectors. These investments have the potential to create a substantial impact on job creation, skill development, and the overall economic landscape of the respective states. As the proposals await final approvals, the future looks promising for the growth of technology and manufacturing in India.