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Tata Group will build a semiconductor factory at Dholera in Gujarat, Tata Sons Chairman N Chandrasekaran said on Wednesday. Speaking at the 10th Vibrant Gujarat Global Summit here, he said the group is about to start a 20 GW gigafactory for manufacturing lithium-ion batteries in Sanand in two months.

Tata Group will build a semiconductor factory at Dholera in Gujarat, Tata Sons Chairman N Chandrasekaran said on Wednesday. Speaking at the 10th Vibrant Gujarat Global Summit here, he said the group is about to start a 20 GW gigafactory for manufacturing lithium-ion batteries in Sanand in two months.

Tata Sons Chairman Natarajan Chandrasekaran, speaking at the Vibrant Gujarat Global Summit, said the company is on the verge of completing negotiations, and the fab is set to commence operations in 2024. “We are about to complete negotiations for semiconductor fab in Dholera and will start operations in 2024,” he said.

Tata Sons Chairman Natarajan Chandrasekaran, speaking at the Vibrant Gujarat Global Summit, said the company is on the verge of completing negotiations, and the fab is set to commence operations in 2024. “We are about to complete negotiations for semiconductor fab in Dholera and will start operations in 2024,” he said.

Tata Sons Chairman Natarajan Chandrasekaran, speaking at the Vibrant Gujarat Global Summit, said the company is on the verge of completing negotiations, and the fab is set to commence operations in 2024. “We are about to complete negotiations for semiconductor fab in Dholera and will start operations in 2024,” he said.

Tata Sons Chairman Natarajan Chandrasekaran, speaking at the Vibrant Gujarat Global Summit, said the company is on the verge of completing negotiations, and the fab is set to commence operations in 2024. “We are about to complete negotiations for semiconductor fab in Dholera and will start operations in 2024,” he said.

According to media reports, the facility is expected to feature around 20 assembly lines and employ 50,000 workers within two years. The site is expected to be operational within 12 to 18 months. In September last year, US-based Micron Technology (NASDAQ: MU ) started the construction of a Rs 22,500 crore facility in Sanand, Gujarat, that will set a benchmark for India’s semiconductor journey.

State information technology (IT) minister Israil Mansuri on Tuesday said the Bihar government has announced five subsidies for national and international investors willing to invest in IT, ITenabled services (ITES) and electronic system design and manufacturing (ESDM) sectors

The trade show presents cutting edge products and services across various sectors, including agro and food processing, automobiles and auto components, ceramics, chemicals and petrochemicals, gems and jewellery, pharmaceuticals, ports and marine. Key industries like textiles and garments, electric vehicles, green hydrogen, aircraft and allied industries, renewable energy, semiconductors and ESDM, fintech, cybersecurity, AI, and machine learning will be the focal points of this trade show, a statement said.

Intel said it will launch automotive versions of its newest AI-enabled chips, taking on Qualcomm and Nvidia in the market for semiconductors that can power the brains of future cars. The firm said it will acquire Silicon Mobility, a French startup that designs system-on-achip technology and software for controlling electric vehicle motors and onboard charging systems.