Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on Thursday, February 15, announced that Assam will become home to a semiconductor packaging plan worth ₹25,000 crore. This facility is expected to create employment opportunities for the youth interested in the semiconductor sector, Chandrasekhar said, speaking at the Digital India #futureSKILLS Summit in Guwahati.
Chandrasekhar said a proposal for the plant, in collaboration with the Tatas Group, is nearing finalisation and will soon be presented to the Union Cabinet for approval.
Chandrasekhar said the plant would provide employment opportunities locally and prevent youths from having to relocate. The minister underscored the emergence of various opportunities in sectors such as Artificial Intelligence, semiconductors, electronics, cybersecurity, and internet technology.
The minister emphasised the importance of studying and developing skills in line with the evolving demands of the job market, noting the participation of globally renowned technology companies like NBDR, Intel, AMD, HCL, Wipro, and IBM in the summit signals ample job opportunities.
Furthermore, he highlighted the role of universities, including IIT Bombay and IIT Guwahati, in equipping the youths of the region with technological skills. Reflecting on India's economic progress, Chandrasekhar pointed out the transformation from being part of the 'fragile five' to becoming a top global economy. The digital economy's contribution to the GDP has risen from 4% before 2014 to 11%, with projections indicating a further increase to 20% by 2026-27, he said.
— With PTI inputs
