RRP ELECTRONICS WILL SET UP UNIQUE SEMI CONDUCTOR FACILITY


RRP ELECTRONICS WILL SET UP UNIQUE SEMI CONDUCTOR FACILITY

Posted by News business team

RRP ELECTRONICS LTD TO BE THE FIRST COMPANY IN MAHARASHTRA TO INITIATE THE SET UP OF A UNIQUE SEMI CONDUCTOR FACILITY ONE OF ITS KIND 

Mumbai: RRP Electronics ltd  has entered into a joint venture agreement with a European consortiums well established in Designing OSAT (Assembly and Testing) and FAB technology 

They have already commenced their journey and will lay the foundation stone in their new premises admeasuring a total areas of 25000 sq ft on 23rd March 2024 with the blessings of Dr Anil Kakodkar 

RRP Electronics Ltd will immediately initiate on fast track basis the set up and commencement of the OSAT facility and will be adequately supported by the technology partner to ensure continuity of work 

In the coming times , the unit which will commence with  OSAT, will be converted into a RnD centre.The bigger set up comprising of Multi lines OSAT.

Fab foundry and manufacturing will be deployed in Maharashtra by seeking assistance of  Maharashtra Government for land and related activity

RRP Electronics ltd will invest 5000 Cr in  next 5 years and also similar investment in further five years in phase II and will also attempt to seek subsidy benefits in the coming times from the Government 

Whilst the facility will continue to deliver their services in Automobile application, Power, Electronics and Industrial, RRP will be investing their experience and Global support to announce a new revolutionary technology,based on semi conductors, which will take the nation beyond horizons

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