Our Bureau
Singapore
Singapore-based PTW has partnered with RRP Electronics Ltd to establish India’s first major wafer production line, marking a significant advancement in the country’s semiconductor manufacturing capabilities. This initiative aims to reduce India’s reliance on imported semiconductors and aligns with the government’s “Make in India” initiative.
The partnership is expected to generate over $1.2 billion in revenue, boasting a gross profit margin exceeding 60%. The production line will not only enhance local manufacturing but also strengthen India’s position in the global semiconductor market. PTW, a leader in semiconductor tool refurbishment, is collaborating with RRP Electronics, a prominent player in outsourced semiconductor assembly and testing (OSAT), to bring this fully established silicon wafer line to fruition.
Pilot production is slated to commence in 2025-26, with plans for full-scale operations to follow shortly thereafter. This development is part of PTW’s broader strategy to sell two additional wafer production lines in India within the next one to two years, further bolstering the nation’s semiconductor ecosystem.
The establishment of this wafer line is anticipated to significantly impact India’s economy by creating jobs and fostering technological advancements. As the semiconductor industry becomes increasingly vital for various sectors, including telecommunications and automotive, this move is expected to enhance India’s self-sufficiency and mitigate supply chain risks associated with global dependencies.
Industry experts believe that this partnership will not only fulfil domestic demand for semiconductors but also position India as a competitive player in the international market. With strong government support and strategic investments from companies like PTW and RRP Electronics, India is poised for a transformative leap in its semiconductor landscape.
