Fujifilm bets on semiconductors to drive India growth; inks pact with Tata Electronics
Fujifilm Thursday said it is investing about Rs 800 crore to establish a semiconductor materials plant in the Dholera Special Investment Region (DSIR) in phases. It also signed a strategic memorandum of understanding with Tata Electronics to accelerate the development of India’s semiconductor materials ecosystem around the latter’s upcoming fab in Dholera, Gujarat.
Fujifilm, a Japanese company, is investing in the development of India's semiconductor materials ecosystem by establishing a plant in Dholera Special Investment Region (DSIR) and partnering with Tata Electronics. The move aims to boost Fujifilm's growth in India, where the company currently employs around 10 people and plans to expand to 70 in the next five years.
The first phase of the project is expected to be completed by 2028, with the second phase focusing on bringing Fujifilm's expertise in CMP slurries to India. CMP slurries are used to polish semiconductor wafers during chip manufacturing. Fujifilm is also establishing an R&D center in India to cater to the needs of local projects and provide crucial skills to the local talent.
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