Maharashtra Chief Minister Eknath Shinde recently opened the state’s first semiconductor manufacturing plant in Navi Mumbai. This facility, known as an OSAT (Outsourced Semiconductor Assembly and Test) plant, aims to reduce India’s dependence on imported semiconductor chips.
Maharashtra Opens Semiconductor Plant
The plant, established by RRP Electronics Ltd, has an initial investment of Rs 12,035 crore. Former cricketer Sachin Tendulkar, who supports the company, was present at the inauguration, along with other key figures, including Deputy Chief Ministers Devendra Fadnavis and Ajit Pawar.
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During the event, Shinde announced that RRP plans to invest an additional Rs 24,538 crore in the future. He highlighted that the new plant will create around 400 jobs, contributing to the local economy. “These chips are essential as the demand for smaller and faster electronic devices grows,” he said.
Fadnavis emphasized the importance of having domestic manufacturing units, especially after the supply chain disruptions experienced during the pandemic. He noted that Maharashtra is leading the way in semiconductor production with its new policy aimed at building a strong ecosystem for this industry.
RRP Electronics has a comprehensive investment plan totaling Rs 36,573 crore, including partnerships with companies in Israel and Spain. The OSAT plant marks the first step in establishing semiconductor manufacturing in Maharashtra, with plans for a chip manufacturing unit to follow.
Overall, the launch of this plant is seen as a significant step towards making India self-sufficient in semiconductor production and supporting the country’s technological advancement.
