RRP Electronics Ltd., which is into semiconductor mentioned the Authorities of Maharashtra at a current cupboard assembly had permitted its mega challenge with an funding of ₹24,000 crore in two phases.
The corporate, to be the primary entity which goes to arrange a semiconductor plant in Maharashtra, will initially arrange an Outsourced Semiconductor Meeting and Testing (OSAT) facility in a 40,000 sq.ft. space at Mahape, which is anticipated to be operational by September 16, 2024. Moreover, it should add extra manufacturing strains at its new plant at MIDC, Taloja, which is anticipated to be operational inside the following two years, it mentioned in an announcement.
The corporate had tied up with main design firm HMT Zurich, which is able to handhold it to supply semiconductors right here. Rajendra Chodankar, Chairman, RRP Electronics Ltd. mentioned, “We’re delighted on recognising our semiconductor manufacturing challenge as a megaproject by the Authorities of Maharashtra.”
“Our OSAT facility is a totally automated facility and can be first of its sort with equipment from the main semiconductor hubs throughout the World. We’d initially provide semiconductor chips to our accomplice HMT Zurich and we’re in talks with different main gamers,” he mentioned. “The semiconductor coverage adopted by each Central and State of Maharashtra could be very encouraging and the challenge would entail subsidy of the complete funding made by the corporate,” he added.
