Maharashtra Approves RRP Electronics Semiconductor Project
ECONOMY & POLICY

Maharashtra Approves RRP Electronics Semiconductor Project

RRP Electronics Ltd. has announced that the Government of Maharashtra has approved its Rs.24 billion mega semiconductor project in a recent cabinet meeting. This project, set to be implemented in two phases, will mark Maharashtra's entry into the semiconductor manufacturing industry.

RRP Electronics will establish its first Outsourced Semiconductor Assembly and Testing (OSAT) facility in a 40,000 sq.ft. area at Mahape, Navi Mumbai. This cutting-edge, fully automated facility is expected to be operational by September 16, 2024. Additionally, the company will expand its operations by setting up new production lines at its upcoming plant in MIDC, Taloja, scheduled to be operational within the next two years.

The project, recognized as a megaproject by the state, benefits from the semiconductor policies adopted by both the Central and Maharashtra governments, which include subsidies covering the entire investment. The company has partnered with HMT Zurich, a leading design company, to support its semiconductor manufacturing endeavors.

"We are delighted that our semiconductor manufacturing project has been recognized as a megaproject by the Government of Maharashtra," said Rajendra Chodankar, Chairman of RRP Electronics Ltd. "Our OSAT facility will be the first of its kind, featuring machinery sourced from major semiconductor hubs across the globe. Initially, we will supply semiconductor chips to our partner, HMT Zurich, and are in discussions with other major industry players."

This project underscores Maharashtra's commitment to becoming a key player in India's semiconductor industry, fostering technological advancement and economic growth in the region

RRP Electronics Ltd. has announced that the Government of Maharashtra has approved its Rs.24 billion mega semiconductor project in a recent cabinet meeting. This project, set to be implemented in two phases, will mark Maharashtra's entry into the semiconductor manufacturing industry. RRP Electronics will establish its first Outsourced Semiconductor Assembly and Testing (OSAT) facility in a 40,000 sq.ft. area at Mahape, Navi Mumbai. This cutting-edge, fully automated facility is expected to be operational by September 16, 2024. Additionally, the company will expand its operations by setting up new production lines at its upcoming plant in MIDC, Taloja, scheduled to be operational within the next two years. The project, recognized as a megaproject by the state, benefits from the semiconductor policies adopted by both the Central and Maharashtra governments, which include subsidies covering the entire investment. The company has partnered with HMT Zurich, a leading design company, to support its semiconductor manufacturing endeavors. We are delighted that our semiconductor manufacturing project has been recognized as a megaproject by the Government of Maharashtra, said Rajendra Chodankar, Chairman of RRP Electronics Ltd. Our OSAT facility will be the first of its kind, featuring machinery sourced from major semiconductor hubs across the globe. Initially, we will supply semiconductor chips to our partner, HMT Zurich, and are in discussions with other major industry players. This project underscores Maharashtra's commitment to becoming a key player in India's semiconductor industry, fostering technological advancement and economic growth in the region

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement