TSML semiconductor plant: Firm raises Rs 6,835 crores for the project
The electronics manufacturing arm of the Tata Group, Tata Semiconductor Manufacturing Pvt. Ltd (TSML), has raised around Rs 6,835 crores for its semiconductor fabrication project in Gujarat. This amount is raised from 5 foreign firms as per ET Supply Chain.in for the project that is estimated to cost Rs 91,000 crores.
The Gujarat state government has allocated a 163.5-acre plot near Dholera for the project development, which has been pledged as collateral to the lending banks. The loan is scheduled for repayment by 2031.
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