Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Sahasra Electronics to infuse Rs 350 cr in manufacturing plants

Monday, 26 Oct 2020
Share this on :
Sahasra Electronics, an electronics components manufacturer, has earmarked an investment of Rs 350 crore over the next four years for assembling mobile phone memory chipsets, laptop hard drives and motherboards. 
 
The company is setting up an integrated circuit (IC) packaging plant for memory in Bhiwadi, Rajasthan, which will entail an investment of Rs 140 crore. The unit will produce 40 million ICs annually. 
 
It is approved to receive incentives by the Central government under the production-linked incentive scheme. 
 
Until now this was the domain of US, Japan and Taiwan where fabs would make semiconductor wafers, which would be packaged by packaging companies. The company is getting into the packaging business. Once it has this ecosystem in the country, the company will set up a fab factory. 
 
The company is aiming to scale up to 100 million IC units annually and already in talks with handset manufacturers including Foxconn, Wistron, Lava, Dixon, Micromax and Reliance Jio for supplying memory. 
 
This will create close to 750 direct jobs in the region. The value addition in the first four years in ICs will be 15 percent and thereafter it will target 50 percent to 55 percent value add. The plant, which will also manufacture solid state drives for laptops and notebooks is expected to begin operations in Q2/2021. 
 
Apart from this, Infopower Technologies, an electronics manufacturer company of Sahasra Group, which is a joint venture with Taiwanese MiTac, will invest in another Rs 210 crore in Noida, Uttar Pradesh. 
 
The investment will be made to produce 25,000 motherboards or printed circuit boards per month, primarily for data centres. One-third of this amount will flow in from MiTac along with technology support. 
 
Around 6,000 memory devices such as solid state drives were imported in India in 2019 for data centres, set-top boxes, etc which will be potential customers for the company. The company will be selling them by retail distribution as well as e-commerce companies such as Amazon, Flipkart, Croma, among others. 
 
The company is also looking at a major export potential for motherboards to companies like Intel, Acer, etc. 
 
Infopower Technologies has also received a commitment for incentives by the Uttar Pradesh government under the state’s electronics policy for the proposed investment.
 
Post Your Comments
 
 
   
 

 

 
  
Sign up to start your free trial

Are you...



REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services