This project involves an investment of ₹3,307 crore in Sanand, Gujarat. Its Chief Executive Officer RAGHU PANICKER, who will oversee the project, talks to Surajeet Das Gupta about their plan of action. Edited excerpts:
How prepared are you to set up your OSAT plant-the fifth in India that was cleared by the Cabinet on Monday?
We are in an advanced stage and have already acquired the land in Gujarat. We have signed agreements with three global customers: Singapore-based LightSpeed Photonics, a company in the US, and another in Taiwan. For these clients, we will handle assembly, testing, and packaging in India while they provide us with imported wafers. Our focus areas are power electronics and industrial applications.
This story is from the September 03, 2024 edition of Business Standard.
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This story is from the September 03, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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