Tata Group to Set Up Electronics Manufacturing Unit, Expand Green Energy Initiatives in Assam

DY365
DY365
Published: February 25,2025 02:00 PM
DY365

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Tata Group to Set Up Electronics Manufacturing Unit, Expand Green Energy Initiatives in Assam

February 25, 2025: Prime Minister Narendra Modi inaugurated the Advantage Assam 2.0 Infrastructure and Investment Summit 2025 in Guwahati on Tuesday, setting the stage for major investments aimed at boosting innovation and sustainable development in the state.



Among the biggest announcements, Tata Group Chairman Natarajan Chandrasekaran revealed that the company will establish a large electronics manufacturing unit in Assam over the next few years. Additionally, the group will collaborate with the state government on green energy initiatives, including solar and renewable power generation.



Speaking at the summit, Chandrasekaran emphasized Tata Group’s long-standing relationship with Assam and described the Rs 27,000 crore semiconductor plant in Jagiroad as the “most significant investment in the state so far.” He further assured that the group’s commitment to Assam would continue with additional investments in advanced electronics manufacturing.



The summit also witnessed major investment pledges from other corporate giants, with both Reliance and Adani Group announcing investments of Rs 50,000 crore each in Assam.



Prominent business leaders including Sajjan Jindal, Prashant Ruia, Anil Agarwal, and Anil Kumar Chalamalasetty attended the event. High-level delegations from several countries, including Australia, South Korea, Singapore, Malaysia, Taiwan, Indonesia, Thailand, Bhutan, and Japan, also participated, reflecting growing global interest in Assam’s industrial potential.



Union ministers S Jaishankar, Jyotiraditya Scindia, Ashwini Vaishnaw, Sarbananda Sonowal, and Pabitra Margherita were present at the summit, while Union Minister for Road Transport and Highways Nitin Gadkari addressed a session virtually.



With these strategic investments, Assam is poised to emerge as a key hub for electronics manufacturing and renewable energy in the coming years, further accelerating the state’s economic growth.