RRP Electronics makes history with Maharashtra’s first semiconductor plant

March 18, 2024 6:11 pm

With an ambitious investment plan of ₹5,000 crore allocated for the next five years, RRP Electronics is gearing up to lay the foundation stone on March 23 at its sprawling 25,000-square-foot premises.

RRP Electronics, in collaboration with a consortium of European companies, is set to revolutionise the semiconductor landscape in Maharashtra with the groundbreaking establishment of a state-of-the-art facility. With an ambitious investment plan of ₹5,000 crore allocated for the next five years, RRP Electronics is gearing up to lay the foundation stone on March 23 at its sprawling 25,000 square foot premises.

This pioneering venture marks a significant milestone in the semiconductor industry, as RRP Electronics pledges an additional ₹5,000 crore for the project’s second phase, indicative of its commitment to dynamic expansion.

With the collective expertise of its technology partners, RRP Electronics aims to expedite project implementation, with a keen focus on Outsourced Semiconductor Assembly and Testing (OSAT) operations. A key highlight of the facility will be its cutting-edge Research and Development center, dedicated to integrating the latest advancements in semiconductor technology.

RRP Electronics is actively seeking support from the Maharashtra government to establish a multifaceted unit comprising multiple lines of OSAT fab foundry and manufacturing. This initiative is poised to unlock new opportunities across various sectors, including automobiles, power, electronics, and beyond.

The collaborative efforts of RRP Electronics and its European partners signal a significant step forward in Maharashtra’s semiconductor ecosystem, promising innovation, growth, and prosperity for the region and beyond.