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Business Standard
5 days ago
- Business
- Business Standard
Gujarat plans 1,500 housing units to support Tata's Dholera semicon fab
The Gujarat government is accelerating the development of residential infrastructure in Dholera to support the upcoming ₹91,000 crore semiconductor fabrication plant by the Tata Group. A total of 1,500 serviced apartments are being constructed to accommodate expatriates, Tata employees, and workers from the company's supplier network and partner ecosystem, according to a report by The Economic Times. Of the total, about 275 units are reportedly already available, with 250 occupied. Another 225 are nearing completion near the under-construction plant in the Dholera Special Investment Region (DSIR). Work has also begun on 1,000 additional units, expected by early 2026, the report said. The Tata Group has also received a 10-acre land allotment for its own residential development, where it plans to build 530 apartments by mid-2027. Tata Fab to play key role in meeting India's semicon ambitions Dholera is expected to play a key role in India's goal of building a domestic semiconductor ecosystem, with the Tata fabrication unit projected to create more than 20,000 direct and indirect skilled jobs. The plant is expected to reach a peak capacity of 50,000 wafers per month, manufacturing components such as power management chips, display drivers, microcontrollers, and chips used in high-performance computing. These are used in sectors including automotive, data storage, wireless communication, and artificial intelligence. At the groundbreaking ceremony held in March 2024, Union IT Minister Ashwini Vaishnaw said the first chip from the Dholera plant is expected by December 2026. Global Tent City under construction near Dholera plant Supporting infrastructure is also in progress. A Global Tent City with international food streets is under construction, alongside plans for a school, hospital, desalination plant, fire station, mall, and hotel. These developments are being executed by private builders on government-auctioned land. Tata recruits global talent to oversee project Tata Electronics has appointed several senior executives with global semiconductor experience. In May, Tim McIntosh, previously with Intel, joined as vice-president and head of operations and manufacturing excellence at Tata Semiconductor Assembly and Test (TSAT). Earlier, KC Ang, former Asia president of GlobalFoundries, was named president and head of Tata Semiconductor Manufacturing. The company is led by Randhir Thakur, former president of Intel Foundry Services.
Time of India
11-06-2025
- Business
- Time of India
Tata Electronics sends hundreds of staff to Taiwan for semicon training
Tata Electronics is sending scores of employees for training to Taiwan as the company's plans for semiconductor fabrication (fab) and assembly and test (OSAT) facility pick up speed, people aware of the developments told ET. So far, the electronics arm of the Tata Group has sent 'a couple of hundred' employees to its technology partner Powerchip Semiconductor Manufacturing Corporation (PSMC) for training in specialised skills required to operate the upcoming fab in Dholera , they said. 'The number of people going in for training to Taiwan from Tata Electronics has certainly gone up as the company gets closer and is preparing for its fab,' one of the persons cited above said. 'Talent is the biggest gap.' Tata Electronics is following a structured plan as the number of people that PSMC can train at one time is limited, the person said. 'About 50 to 75 people are being sent at one go. It's a very methodical, thoughtful process.'Tata Electronics' upcoming Rs 91,000-crore fab in Dholera is expected to generate over 20,000 direct and indirect skilled jobs while the Rs 27,000-crore OSAT facility in Assam would create about 27,000 direct and indirect jobs. While speaking at the ground-breaking ceremony of the Tata unit at Dholera in March 2024, Union Minister for electronics and information technology Ashwani Vaishnaw predicted that the first chip from Dholera unit will be out by December 2026. The Assam OSAT's first phase is expected to become operational by mid-2025. The person quoted earlier said the company is hiring people in batches of around 75 people, based on different functions. "Different batches focus on distinct operations like equipment, yield engineering, process technology and another on quality engineering – which is generally a smaller group that doesn't need as many people,' the person said. It has hired both fresh college graduates and those with a few years of experience in the industry, and 'is sending these people to Taiwan for training." Tata Electronics has been doubling down on the talent front, be it hiring top executives from chip makers like Intel and GlobalFoundries, or making its fresh or less experienced employees ready and equipped with the requisite skills. It has hired both fresh college graduates and those with a few years of experience in the industry and 'is sending these people to Taiwan for training,' the person cited above said. ET had reported on May 26 that the company has appointed Tim McIntosh as vice president and head of operations and manufacturing excellence of Tata Semiconductor Assembly and Test (TSAT). McIntosh is the latest senior executive to be hired from Intel, having worked at the US firm for 34 years. In his last role at Intel, he was the advanced packaging factory general manager. Tata Electronics chief executive and managing director Randhir Thakur , too, joined from Intel, where he served as the president of Intel Foundry Services. In April, the company appointed GlobalFoundries' Asia president KC Ang as the president and head of Tata Semiconductor Manufacturing. ET had also reported on June 3 that the company may possibly acquire a Malaysian chip plant as a means to gain on-ground experience of how to run such facilities. As per the firm's agreement with PSMC, the technology partner will provide design and construction support to build India's first AI-enabled state-of-the-art greenfield fab in Gujarat, license a broad portfolio of technologies, and provide engineering support to successfully transfer licensed technologies to the fab. This fab will have manufacturing capacity of up to 50,000 wafers per month and will include next-generation factory automation capabilities deploying data analytics and machine learning to achieve industry-best factory efficiency. Tata Electronics said the fab will manufacture chips for applications such as power management IC, display drivers, microcontrollers (MCU) and high-performance computing logic, addressing the growing demand in markets such as AI, automotive, computing and data storage, and wireless communication.
Time of India
11-06-2025
- Business
- Time of India
Tata Electronics sends hundreds of staff to Taiwan for semicon training
Tata Electronics is sending scores of employees for training to Taiwan as the company's plans for semiconductor fabrication (fab) and assembly and test (OSAT) facility pick up speed, people aware of the developments told ET. So far, the electronics arm of the Tata Group has sent 'a couple of hundred' employees to its technology partner Powerchip Semiconductor Manufacturing Corporation (PSMC) for training in specialised skills required to operate the upcoming fab in Dholera , they said. 'The number of people going in for training to Taiwan from Tata Electronics has certainly gone up as the company gets closer and is preparing for its fab,' one of the persons cited above said. 'Talent is the biggest gap.' Tata Electronics is following a structured plan as the number of people that PSMC can train at one time is limited, the person said. 'About 50 to 75 people are being sent at one go. It's a very methodical, thoughtful process.' Tata Electronics' upcoming Rs 91,000-crore fab in Dholera is expected to generate over 20,000 direct and indirect skilled jobs while the Rs 27,000-crore OSAT facility in Assam would create about 27,000 direct and indirect jobs. Live Events While speaking at the ground-breaking ceremony of the Tata unit at Dholera in March 2024, Union Minister for electronics and information technology Ashwani Vaishnaw predicted that the first chip from Dholera unit will be out by December 2026. The Assam OSAT's first phase is expected to become operational by mid-2025. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories The person quoted earlier said the company is hiring people in batches of around 75 people, based on different functions. "Different batches focus on distinct operations like equipment, yield engineering, process technology and another on quality engineering – which is generally a smaller group that doesn't need as many people,' the person said. It has hired both fresh college graduates and those with a few years of experience in the industry, and 'is sending these people to Taiwan for training." Tata Electronics has been doubling down on the talent front, be it hiring top executives from chip makers like Intel and GlobalFoundries, or making its fresh or less experienced employees ready and equipped with the requisite skills. It has hired both fresh college graduates and those with a few years of experience in the industry and 'is sending these people to Taiwan for training,' the person cited above said. ET had reported on May 26 that the company has appointed Tim McIntosh as vice president and head of operations and manufacturing excellence of Tata Semiconductor Assembly and Test (TSAT). McIntosh is the latest senior executive to be hired from Intel, having worked at the US firm for 34 years. In his last role at Intel, he was the advanced packaging factory general manager. Tata Electronics chief executive and managing director Randhir Thakur , too, joined from Intel, where he served as the president of Intel Foundry Services. In April, the company appointed GlobalFoundries' Asia president KC Ang as the president and head of Tata Semiconductor Manufacturing. ET had also reported on June 3 that the company may possibly acquire a Malaysian chip plant as a means to gain on-ground experience of how to run such facilities. As per the firm's agreement with PSMC, the technology partner will provide design and construction support to build India's first AI-enabled state-of-the-art greenfield fab in Gujarat, license a broad portfolio of technologies, and provide engineering support to successfully transfer licensed technologies to the fab. This fab will have manufacturing capacity of up to 50,000 wafers per month and will include next-generation factory automation capabilities deploying data analytics and machine learning to achieve industry-best factory efficiency. Tata Electronics said the fab will manufacture chips for applications such as power management IC, display drivers, microcontrollers (MCU) and high-performance computing logic, addressing the growing demand in markets such as AI, automotive, computing and data storage, and wireless communication.
Herald Sun
05-06-2025
- Business
- Herald Sun
Balwyn North arcade hits market after 50 years
A family-owned retail arcade in one of Melbourne's wealthiest suburbs is up for sale for the first time since 1975. The red-brick Balwyn North Village Arcade at 70 Doncaster Rd has been in the same family for two generations. It's home to Lemongrass Chicken and a decades-old Saki restaurant, both local favourites that have served the community for more than 30 years. Colliers' retail investments services director Tim McIntosh said the strip's old-school charm and compact tenancies had fostered loyalty. from tenants and landlords alike. 'It's been in continuous operation for 50 years and hasn't changed hands once,' Mr McIntosh said. 'This is one of those once-in-a-generation chances that you simply don't see in Balwyn North.' RELATED: Melb buyer's bold plan after forking $2m on home RCA: Kmart set to change everything in Temu war RCA: Buyers circling Melb's forgotten cinema Originally a smaller building, the arcade was transformed in the 1980s with a second storey added during a major renovation. But it retained its classic suburban village feel, with red brick paving, intimate shopfronts and a prime location near the route 48 tram, elite schools and the Eastern Freeway. The property has a 20-metre frontage to Doncaster Rd and visibility to more than 26,000 passing vehicles a day. The two-storey building spans 1365sq m of lettable area on an 888sq m block, and includes a mix of retail, service and hospitality tenants. According to PropTrack, Balwyn North's median house price has climbed more than 33 per cent over the past five years, from just over $2.1m to $2.8m. The demand for high-end family homes and local amenity has continued to surge. Mr McIntosh said the arcade gave a convenience meets character dynamic. 'We're seeing strong early interest from high-net-worth locals, owner-occupiers and value-add investors,' he said. 'This is the kind of investment that appeals to intergenerational buyers who understand the long-term value in location, tenancy and secure income.' Expressions of interest close at 2pm on June 18. Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox. MORE: Block star reveals mistake that devalue homes $250 a day: Melb market 'on like Donkey Kong' Revealed: Melb hot spots for young buyers
News.com.au
04-06-2025
- Business
- News.com.au
Balwyn North arcade hits market after 50 years
A family-owned retail arcade in one of Melbourne's wealthiest suburbs is up for sale for the first time since 1975. The red-brick Balwyn North Village Arcade at 70 Doncaster Rd has been in the same family for two generations. It's home to Lemongrass Chicken and a decades-old Saki restaurant, both local favourites that have served the community for more than 30 years. Colliers' retail investments services director Tim McIntosh said the strip's old-school charm and compact tenancies had fostered loyalty. from tenants and landlords alike. 'It's been in continuous operation for 50 years and hasn't changed hands once,' Mr McIntosh said. 'This is one of those once-in-a-generation chances that you simply don't see in Balwyn North.' Originally a smaller building, the arcade was transformed in the 1980s with a second storey added during a major renovation. But it retained its classic suburban village feel, with red brick paving, intimate shopfronts and a prime location near the route 48 tram, elite schools and the Eastern Freeway. The property has a 20-metre frontage to Doncaster Rd and visibility to more than 26,000 passing vehicles a day. The two-storey building spans 1365sq m of lettable area on an 888sq m block, and includes a mix of retail, service and hospitality tenants. According to PropTrack, Balwyn North's median house price has climbed more than 33 per cent over the past five years, from just over $2.1m to $2.8m. The demand for high-end family homes and local amenity has continued to surge. Mr McIntosh said the arcade gave a convenience meets character dynamic. 'We're seeing strong early interest from high-net-worth locals, owner-occupiers and value-add investors,' he said. 'This is the kind of investment that appeals to intergenerational buyers who understand the long-term value in location, tenancy and secure income.' Expressions of interest close at 2pm on June 18.
