Hiranandani Group to set semiconductor unit in Noida, waits approvals to invest over Rs 2,500 crore
Prestigious real estate developers Hiranandani Group has applied to set up a fab plant in Uttar Pradesh's Noida. The firm wants to set up both, an assembly, testing, marketing, and packaging (ATMP) unit and a compound semiconductor fab plant.
As per the information approval for the fab plant is likely to be granted by October. The firm will initially invest Rs 2,500 crore in the ATMP unit. However, the investment for the fab plant has not been disclosed yet.
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