The Hiranandani Group has sought 100 acres of land from the Yamuna Express Industrial Development Authority (YEIDA) for setting up a semiconductor park. In a letter to the Authority, Hiranandani Group CEO Darshan Hiranandani expressed the company’s willingness to set up a semiconductor assembly testing marking and packaging (ATMP) unit in the YEIDA region.
With this proposal, the company is expecting to invest more than Rs 2,500 crore in the initial stage of this proposal and plans to execute it within 24 months after obtaining all necessary approvals.