Sachin Tendulkar-Backed Start-up RRP Electronics to Invest ₹5,000 Cr in Semiconductor Facility
RRP Electronics, an ambitious startup supported by legendary Indian cricketer Sachin Tendulkar, has unveiled bold plans to pour Rs. 5,000 crore into building a world-class semiconductor manufacturing facility in Maharashtra. This significant move is set to provide a major fillip to India’s growing but still nascent semiconductor sector.
Founded by Rajendra Chodankar, the company formally inaugurated its new 25,000 square foot R&D center in Navi Mumbai this past weekend. Both Tendulkar and renowned scientist Anil Kakodkar were in attendance, underscoring the project’s strategic importance.
In addition to the new R&D hub, RRP Electronics aims to establish cutting-edge design, testing and fabrication operations. “We are fully committed to investing Rs. 5,000 crore in the first phase over the next five years, with equal funding slated for phase two as well,” Chodankar announced.
Targeting key sectors like automotive, energy and electronics, the startup sees Maharashtra emerging as a global semiconductor manufacturing powerhouse leveraging government support schemes. Tendulkar voiced excitement about backing an Indian firm with the potential for worldwide technological impact.
The announcement comes as semiconductor investment worldwide surges amid ongoing chip shortages. With Tendulkar’s endorsement, RRP Electronics intends to revolutionize chip manufacturing from its new Maharashtra base.
