Is GlobalFoundries Establishing a Fab-less Centre in Kolkata?
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Synopsis
In a significant move for West Bengal's tech landscape, GlobalFoundries is set to establish a fab-less centre in Kolkata. This initiative signals a strengthening of US-India ties and opens doors for future collaborations in technology and education. Discover how this affects the local economy and job market.
Key Takeaways
- GlobalFoundries is opening a fab-less centre in Kolkata.
- 13,000 square feet of space has already been allocated.
- Collaboration with local universities for internship programs.
- Santech Global Inc. is interested in establishing a project in the region.
- A new policy is underway to enhance tech innovation in West Bengal.
Kolkata, June 5 (NationPress) West Bengal's Chief Minister Mamata Banerjee announced that GlobalFoundries, one of the top semiconductor firms globally, is launching a fab-less centre for design and testing at the Kolkata Power Centre.
During a meeting on Wednesday with Kathy Giles-Diaz, the Consul General of the US in Kolkata, the Chief Minister emphasized their mutual goal of enhancing US-India relations and discussed potential partnerships in technology, innovation, and education.
According to CM Banerjee, the new facility will be located in the IT hub of Salt Lake.
"We have already allocated 13,000 square feet of space in the Software Technology Parks of India IT Park in Sector-5, and an additional 19,000 square feet space is in the pipeline," she stated.
Furthermore, the West Bengal government is collaborating with GlobalFoundries, start-ups, educational institutions, and industry leaders to establish a comprehensive power electronics ecosystem in the region.
"An internship program with universities is on the horizon, aimed at supporting students and cultivating future talent," the statement added.
CM Banerjee also mentioned that Santech Global Inc., a high-tech firm based in New Jersey focusing on semiconductors and nano-electronics, is interested in launching a major project in Kolkata.
Negotiations are currently in progress to provide the necessary support.
"We are finalizing the Global Capability Centre Policy for West Bengal to strengthen our state's position as a hub for next-generation technology and innovation," the CM noted.
These initiatives illustrate her commitment to fostering a solid semiconductor ecosystem in West Bengal, creating new opportunities, and ensuring meaningful employment for the youth, thereby placing West Bengal at the forefront of India’s technological renaissance.
Point of View
It's essential to recognize the implications of GlobalFoundries’ investment in Kolkata. This venture not only promises to bolster the local economy but also positions West Bengal as a key player in India's burgeoning tech ecosystem. It's a win-win for both local talent and international collaboration.
NationPress
08/06/2025
Frequently Asked Questions
What is GlobalFoundries planning to establish in Kolkata?
GlobalFoundries is setting up a fab-less centre for design and testing at the Kolkata Power Centre.
How much space has been allocated for GlobalFoundries in Kolkata?
GlobalFoundries has been allocated 13,000 square feet of space with an additional 19,000 square feet requested.
What collaborations are being planned with GlobalFoundries?
There are plans for a joint internship program with universities to support student development and talent cultivation.
Which other company has shown interest in Kolkata?
Santech Global Inc., based in New Jersey, is interested in establishing a major project in Kolkata.
What is the goal of the Global Capability Centre Policy?
The policy aims to strengthen West Bengal's position as a hub for next-generation technology and innovation.
