Paras Semiconductors ₹6,200-Crore OSAT Plant in Madhya Pradesh
Why in the news
A private chip company agreed with a Madhya Pradesh agency to build a large semiconductor packaging unit in the state.
Key facts
- Company: Paras Semiconductors; partner: MPSeDC.
- Investment: ₹6,200 crore for a greenfield OSAT facility in Madhya Pradesh.
- Full form: OSAT is Outsourced Semiconductor Assembly and Test.
- Purpose: strengthen India’s semiconductor ecosystem, support the India Semiconductor Mission and produce advanced packages for strategic applications.
Exam angle
- State: Madhya Pradesh; outlay: ₹6,200 crore.
- Mission linked: India Semiconductor Mission.
- Know the expansion of OSAT and the meaning of greenfield, a project built on new ground.