Tata Sons Chairman N. Chandrasekaran Reaffirms Commitment to Assam at Advantage Assam 2.0 Summit

Tata Sons Chairman N. Chandrasekaran reiterated the group’s unwavering commitment to Assam during his address at the Advantage Assam 2.0 Investment and Infrastructure Summit in Guwahati on Tuesday. He reflected on the legacy of the Tata Group in the state, especially the late Shri Ratan Tata’s fondness for Assam, and emphasized the group’s continued support for its growth and development.

Chandrasekaran highlighted that Tata Group already employs 55,000 people in Assam through various businesses, including Tata Motors, Tata Steel, and retail ventures. He stated that the group’s contribution to Assam’s economy has been significant, and its commitment would only grow stronger in the future.

A major highlight of the speech was the upcoming Jagiroad semiconductor plant, which is set to be a key player in the region’s industrial landscape. According to Chandrasekaran, the plant will have the capacity to produce 48 million chips per day, marking a crucial step towards making Northeast India a hub for technological and industrial growth. He described the plant as the “cornerstone of development for Northeast India” and said it would not only attract global customers but also top-tier talent, further enhancing India’s position in the electronics and mobile technology sectors.

To bolster the semiconductor ecosystem in Assam, Tata Sons plans to sign multiple Memoranda of Understanding (MoUs) with local authorities. The group is also looking to make substantial investments in renewable energy, with a target of 5 GW in Assam. This will significantly contribute to the state’s infrastructure and employment landscape.

Chandrasekaran emphasized that such investments in the semiconductor industry are expected to create between 27,000 to 50,000 jobs in Assam. He expressed confidence in Assam’s potential to become a leader in India’s technological growth, noting the fast pace at which the semiconductor sector is developing.

The Tata Group’s strategic investments in Assam, spanning across technology, energy, and manufacturing sectors, reflect the group’s strong belief in the state’s future as a critical player in India’s industrial and technological advancement.