In a significant boost to Assam’s industrial and renewable energy sectors Tata Group Chairman Natarajan Chandrasekaran announced on February 25, 2025, that the conglomerate will invest ₹25,000 crore in a large electronics manufacturing unit in the state. Additionally, the group will collaborate with the Assam government on green energy initiatives, including solar rooftops and renewable energy generation.
Key Highlights of Tata’s Investment Plan
- Electronics Manufacturing Unit:
- The new facility will involve an investment of ₹25,000 crore over the next few years.
- It is expected to create 30,000 jobs, significantly boosting employment in the region.
- Green Energy Initiatives:
- Solar Rooftops: Tata will install solar rooftops in 3 lakh households across Assam.
- Renewable Energy Generation: The group aims to generate 5 GW of renewable energy over the next 5-6 years.
- Semiconductor Unit in Jagiroad:
- The ₹27,000-crore semiconductor assembly and testing unit in Jagiroad is already operational and is the first such facility in India.
- Chandrasekaran described it as the “cornerstone of economic development for eastern India” and praised Prime Minister Narendra Modi’s foresight in formulating policies to support the semiconductor industry.
Tata’s Long-Standing Association with Assam
Speaking at the inauguration of the Advantage Assam business summit Chandrasekaran highlighted Tata Group’s deep-rooted connection with the state.
- Employment Generation: The group currently provides employment to 55,000 people in Assam.
- Healthcare: Tata operates 17 cancer care hospitals in partnership with the state government, improving access to quality healthcare.
Vision for Assam’s Future
Chandrasekaran expressed optimism about Assam’s potential to become a hub for advanced technology and renewable energy.
“Technology and chips are the future, and we thank the prime minister for the foresight in formulating a policy for the semiconductor industry,” he said. “I foresee a future where the chips used in our cars, phones, TVs, and everyday equipment are manufactured here.”
He also commended the Assam government for creating a conducive investment environment, which has enabled Tata to expand its footprint in the state.
Green Energy Commitment
Tata’s partnership with the Assam government in the green energy sector underscores its commitment to sustainability. The group’s initiatives include:
- Solar Rooftops: Installing solar panels in 3 lakh households to promote clean energy adoption.
- Renewable Energy Projects: Generating 5 GW of renewable energy to support the state’s energy needs and reduce carbon emissions.
Economic Impact and Job Creation
The investments in electronics manufacturing and green energy are expected to have a transformative impact on Assam’s economy. The projects will not only create thousands of jobs but also position the state as a leader in advanced manufacturing and renewable energy.
Looking Ahead
Tata Group’s investments in Assam reflect its commitment to driving economic growth, innovation, and sustainability. By leveraging its expertise in technology and renewable energy, the group aims to contribute to Assam’s development while aligning with India’s broader goals of self-reliance and clean energy transition.
As Tata continues to expand its presence in Assam, the state is poised to emerge as a key player in India’s industrial and renewable energy landscape.
