Tata Group to Build a Semiconductor Factory in Dholera

23 Jan,2024 | Avirahi Group

Since it came to light that the Dholera, Gujarat, special investment region is India’s first smart city, complete with excellent facilities and cutting-edge infrastructure, it has gained attention. Investing in residential projects in dholera SIR or buying property could end up being a highly beneficial decision for you down the road. The best time to start investing in Dholera smart city plots is now, since the prices are rising daily, and you will benefit in the long run. As the first smart city project in India, Dholera real estate is currently experiencing growth. The Dholera SIR in Gujarat has attracted hundreds of investors from all over the world as well as from India.

The government’s objectives state that the Dholera project will have state-of-the-art features that will draw tourists from all over the world. Right now, Dholera SIR is the most desirable area in the nation for both residential and investment purposes.

What is making the headlines?.

On Wednesday, January 10, N Chandrasekaran, the chairman of the Tata Group, declared that the company would be constructing a sizable semiconductor fabrication facility in Dholera, Gujarat. Project completion is expected to occur in 2024; negotiations are presently nearing their conclusion. The announcement was made by Chandrasekaran at the 10th Vibrant Gujarat Global Summit.

Chandrasekaran further detailed the group’s intentions to begin building a 20-gigawatt lithium-ion storage battery factory in Sanand city, Gujarat, during the course of the following two months. In order to satisfy the growing demand for EVs, he emphasised the Tata Group’s recent significant commitment to growing its presence in Sanand and establishing it as a hub for the group’s electric vehicle technology.

Apart from these initiatives, the Tata Group is building the C295 defence aircraft in Vadodara and intends to move its manufacturing to Dholera. In addition, Chandrasekaran announced that the Indian Institute of Skills, a joint venture between the federal and state governments, would open its first phase in Gujarat by March 2024.

Chandrasekaran on Gujarat and Prime Minister Modi

The group’s belief that Gujarat is a key location for corporate expansion and the advancement of India’s high-tech industry was articulated by Chandrasekaran. Currently, the Tata Group employs over 50,000 people in 21 firms across the state. The chairman credited the founder’s hometown of Navsari for the group’s close ties to Gujarat.

Chandrasekaran praised Prime Minister Narendra Modi’s visionary leadership, noting the accomplishments made by the state and his initiator of the Vibrant Gujarat Global Summit two decades ago. Because of its strengths, he called Gujarat a “gateway to the future” and recognised the substantial economic gains that had aided in the state’s social development.

About Avirahi City

Avirahi City Dholera is a prominent participant in the Dholera real estate market, providing high-end residential developments in Dholera Sir. Avirahi City Dholera offers Dholera plots at a fair price that is economical, guaranteeing value for money. The city presents a profitable business opportunity due to its advantageous position, first-rate connections, and the Gujarat government’s anticipated growth plan. A high level of living is also provided by Dholera, which has top-notch utilities like electricity, water supply, security, and recreational spaces.

In order to ensure a pleasant and comfortable lifestyle, they furnish their residential developments in Dholera with all the essential amenities, including electricity, water supply, security, and recreational facilities. They provide the most affordable Dholera residential plots, making it a fantastic chance to own real estate in one of India’s most anticipated smart cities. Due to the top notch facilities in the Avirahi city, Dholera SIR residential plots price is on rise continuously.

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