West Bengal Chief Minister Mamata Banerjee announced that a new semiconductor fabrication plant by Global Foundries will be set up in Kolkata, marking a significant investment boost for the state. This project aims to position Kolkata at the forefront of India’s semiconductor industry. Banerjee expressed gratitude for the U.S. partnership and highlighted the potential of the facility to enhance national security through advanced technology. The Chief Minister plans to convene a meeting with stakeholders ahead of the upcoming Bengal Global Business Summit in February to create a roadmap for the project. Meanwhile, political rivals, including the BJP, are also seeking credit for this development, emphasizing its potential to address the economic challenges in West Bengal.
West Bengal is about to make a significant leap in the tech industry with the announcement of a new semiconductor fabrication plant in Kolkata, backed by Global Foundries. Chief Minister Mamata Banerjee, who has been actively working to attract investments to the state, expressed optimism about Kolkata leading India’s semiconductor revolution. She highlighted the state government’s efforts to engage with emerging technologies, which helped secure this notable American investment.
During a recent meeting with U.S. Consul General Kathy Giles-Diaz, Banerjee revealed that the land for this vital facility has already been identified. She also mentioned plans for the Bengal Global Business Summit scheduled for February, during which stakeholders will come together to discuss the roadmap for the semiconductor unit.
Banerjee emphasized that this semiconductor facility could play a crucial role in enhancing national security and supporting advanced technologies in telecommunication and green energy. Interestingly, while the Chief Minister attributed the success to her government’s persistent efforts, BJP leaders praised Prime Minister Narendra Modi for facilitating this investment. Both parties are keen on taking credit for this development.
This strategic investment is expected to not only boost West Bengal’s economy but also position it as a key player in global technology markets.
Published – September 28, 2024 09:50 am IST
Tags: West Bengal, Mamata Banerjee, Semiconductor Plant, Global Foundries, Investment, Technology, National Security, U.S.-India Relations.
What is the semiconductor plant in Kolkata?
The semiconductor plant is a proposed facility that will manufacture small electronic components essential for various technologies, like smartphones and computers.
Why is this plant important for West Bengal?
This plant could bring a lot of jobs and investment to West Bengal, helping the local economy grow and making the region a tech hub.
How many jobs will this plant create?
While the exact number is not clear yet, it is expected to create thousands of jobs, both directly in the plant and indirectly in supporting industries.
What does Mamata Banerjee think about this project?
Mamata Banerjee, the Chief Minister, is hopeful that this project will attract more investments to West Bengal and boost the state’s development.
When is the semiconductor plant expected to start working?
The timeline is still uncertain, but discussions are ongoing, and officials hope to begin construction soon if everything goes as planned.
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