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India’s Sahasra moves into memory chip manufacturing

India’s Sahasra moves into memory chip manufacturing

Business news |
By Peter Clarke



Sahasra Semiconductors Pvt Ltd (Bhiwadi, Rajasthan) is making the move from importer and distributor of memory chips to becoming a manufacturer of its own branded NAND flash devices.

It is doing this by spending about 7.5 billion rupees (about US$94 million) on the setting up of an assembly, test, marking and packaging (ATMP) unit at Bhiwadi that will take in wafers and produce chips. The spending is coming in two tranches with an initial spend of 1.5 billion rupees (about US$20 million).

Sahasra Semi, set up in July 2020, is part of the Sahasra Electronics Group. According to the company’s website the ATMP facility will commence trials and sample production by October 2022. The building with 8,000 square meters of cleanroom is due to be ready by the end of July 2022.

Sahasra has been approved for payments under the production-linked incentive (PLI) scheme from the central Indian government and from the government of Rajasthan.

“We expect the first set of equipment to leave from Singapore this week and arrive at our factory by mid-August. Many equipment will come between August and September. We will have trial runs probably in November and we will be able to commercialise production by December of this year,” said Amrit Manwani, chairman and managing director of Sahasra Semiconductor, according to the Press Trust of India.

Related links and articles:

www.sahasrasemi.com

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