Tendulkar-Backed Company To Invest Rs 5,000 Crore For Semiconductor Facility In Maharashtra

It is an outsourced semiconductor assembly and test (OSAT) facility and plans are afoot to establish a comprehensive research and development centre

RRP Electronics, a company backed by former cricketer Sachin Tendulkar, on Tuesday announced an investment of Rs 5,000 crore for a semiconductor facility in Maharashtra.

Contributions from Tendulkar in the overall investment or details of other shareholders were not disclosed by the company.

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