Commenting on the alliance, Rajendra K Chodankar, Chairman and CEO, RRP Electronics said, “We are prepared to invest in a large-scale Technology Transfer License Agreement (TTLA) with potential exclusive terms for the complete automated infrastructure and take this alliance beyond horizons. The present infrastructure will also significantly contribute to the Deca ecosystem. We envisage the set up functional operations after a qualification test in August 2025. This collaboration has the potential to generate revenue of over USD 30 million (about ₹260 crore) in the second year of operation, with quantum jumps in subsequent years.”
Tim Olson, Founder and CEO of Deca said, “We are excited to be an integral part of India’s exciting journey to become a prominent player in the growing global semi-conductor industry. I am deeply impressed by the focus of the RRP Electronics team and believe that the relationship with Deca will accelerate their ambitious plans.”
RRP Electronics is developing Outsourced Semiconductor Assembly and Test (OSAT) initiative with a total investment of ₹24,000 crore. The OSAT initiative aims to establish a state-of-the-art semiconductor manufacturing and assembly facility in Maharashtra. RRP Electronics is being supported by the Government of Maharashtra to foster technological advancements and economic growth in the region. In September 2024, RRP inaugurated its cutting-edge facility featuring the latest in advanced manufacturing equipment. This project is expected to create about 4,000 jobs, contributing significantly to the local economy and positioning Maharashtra as a key player in the global semiconductor market.