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Sachin Tendulkar Backed RRP Electronics Ltd Unveils Semiconductor Milestone With Inauguration Of Cutting-Edge Facility In Maharashtra<\/p>\n\n\n\n
Indian Semiconductor Market reached a value of US$ 35.18 Bn. in 2023.The semiconductor business has grown to become one of the most essential industries, as it has become an inseparable part of practically all sectors. For example, it is a necessary component of all electronic devices.<\/strong><\/p>\n\n\n\n RRP Electronics, a startup backed by Indian cricket icon Sachin Tendulkar, has unveiled ambitious plans to invest Rs. 5,000 crore in a state-of-the-art semiconductor manufacturing plant in Maharashtra over the next five years.<\/p>\n\n\n\n This major announcement signals a significant boost to India’s growing semiconductor industry. The company, founded by Rajendra Chodankar, inaugurated a 25,000 square foot facility in Navi Mumbai.<\/p>\n\n\n\n Tendulkar and renowned nuclear physicist Anil Kakodkar attended the event, underlining the project’s importance.<\/p>\n\n\n\n In addition to the new Outsourced Semiconductor Assembly and Test (OSAT) plant, the firm plans to establish a cutting-edge R&D centre, multi-line OSAT facility, and semiconductor fabrication foundry.<\/p>\n\n\n\n “We are committed to investing Rs. 5,000 crore in Phase 1 over the next five years, with equal investment planned for Phase 2,” said Chodankar.<\/p>\n\n\n\n Targeting automotive, power, electronics and industrial sectors, he highlighted plans to make Maharashtra a semiconductor manufacturing hub by leveraging government incentives.<\/p>\n\n\n\n Tendulkar was excited at supporting an Indian firm poised to make global impact in emerging tech industries. The announcement comes amid surging semiconductor investments worldwide as the chip shortage continues.<\/p>\n\n\n\n RRP Electronics aims to revolutionize semiconductor manufacturing in India from its base in Maharashtra with backing from Tendulkar the master batsman.<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Sachin Tendulkar Backed RRP Electronics Ltd Unveils Semiconductor Milestone With Inauguration Of Cutting-Edge Facility In Maharashtra Indian Semiconductor Market reached a value of US$ 35.18 Bn. in 2023.The semiconductor business has grown to become one of the most essential industries, as it has become an inseparable part of practically all sectors. For example, it is […]<\/p>\n","protected":false},"author":3,"featured_media":2423,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[645],"tags":[662,663,664,665,666,667,668,669,670,671],"class_list":["post-2772","post","type-post","status-publish","format-standard","has-post-thumbnail","category-funding","tag-cutting-edge-facility","tag-maharashtra","tag-manufacturing","tag-navi-mumbai","tag-osat","tag-rrp-electronics","tag-sachin-tendulkar","tag-semiconductor","tag-semiconductor-industries","tag-tech-industries"],"yoast_head":"\n