Skip to main content

Darshan Hiranandani | Uttar Pradesh to Become a Semiconductor Manufacturing Hub with Hiranandani Group's Vision

darshan hiranandani


Uttar Pradesh is on the brink of a technological revolution, thanks to a visionary project led by Darshan Hiranandani and his company, Tarq Semiconductors Private Limited. As part of the Hiranandani Group, Tarq Semiconductors has applied under the Indian Semiconductor Mission Scheme to establish cutting-edge assembly, testing, and packaging (ATP) plants in the state. This move aims to make Uttar Pradesh a central player in the semiconductor manufacturing sector, contributing to India’s self-sufficiency and boosting its global presence in the semiconductor supply chain.

Semiconductor Manufacturing: A Strategic Imperative for India

The importance of semiconductors in today’s world cannot be overstated. From the latest smartphones to electric vehicles, these tiny chips are critical to modern life. However, the pandemic revealed vulnerabilities in global semiconductor supply chains, highlighting the urgent need for India to reduce its reliance on foreign semiconductor suppliers. The Indian government’s Semiconductor Mission is a response to this challenge, and Tarq Semiconductors is poised to play a pivotal role in realizing this vision by setting up a world-class ATP facility in Uttar Pradesh.

Phased Approach to Growth and Employment Generation

The ambitious project will unfold in multiple phases. The first phase involves constructing an ATP facility for legacy semiconductor technologies, with an investment of Rs 2,500 crore. This first phase is expected to be completed in 24 months, followed by the establishment of additional plants for more advanced semiconductor technologies. In total, the initiative is expected to generate thousands of jobs, with the first phase alone creating 1,000 direct employment opportunities. This will not only provide jobs but will also catalyze the growth of ancillary industries, further boosting Uttar Pradesh's economy.

A Long-Term Commitment to Uttar Pradesh's Development

Hiranandani Group’s commitment to Uttar Pradesh is long-term and multifaceted. Beyond the semiconductor project, the group has been actively involved in strengthening the state's digital infrastructure through ventures like Yotta Data Services Pvt. Ltd. Darshan Hiranandani’s decision to initiate this transformative semiconductor venture in Uttar Pradesh reflects his belief in the state’s strategic advantages, including its location, skilled workforce, and pro-business government policies. This project is set to position Uttar Pradesh as a significant player in India’s push for self-reliance in semiconductor manufacturing.

Through the establishment of a state-of-the-art semiconductor ATP center, Darshan Hiranandani and Tarq Semiconductors are leading the charge in reshaping India’s semiconductor manufacturing ecosystem. This ambitious project will not only strengthen the country's technological capabilities but will also contribute to Uttar Pradesh’s growth as a major industrial hub.

Labels:

Comments

Post a Comment

Popular posts from this blog

Pioneering Eco-Friendly Computing: Yotta and Shakti's Environmental Commitment

  In an era marked by the convergence of technology and environmental sustainability, Yotta Data Services and Shakti Cloud, guided by the leadership of Darshan Hiranandani , are redefining standards for eco-conscious computing. This collaborative effort not only advances India's tech landscape but also places a strong emphasis on prioritizing green computing principles. Green computing revolves around designing, using, and disposing of computing resources in a manner that minimizes environmental impact. Recognizing the significance of these principles in the digital world, Yotta Data Services and Shakti Cloud have embedded environmental responsibility into their core values, showcasing a dedication to promoting sustainability and contributing positively to the ecosystem. Under Darshan Hiranandani 's leadership, Yotta and Shakti are at the forefront of sustainable technology practices in India by prioritizing resource optimization. This crucial aspect involves maximizing resourc...
Post a Comment
Read more

Darshan Hiranandani - Empowering AI Development: How NVIDIA-powered Shakti Cloud Accelerates AI Model Training

With the dynamics of artificial intelligence (AI) constantly changing, their models must be able to be trained in a fast-paced manner. This stage, essential for improving AI capabilities, is very intensive regarding computational power and resources. Nonetheless, now that Shakti Cloud from NVIDIA is here, AI development is facing a revolutionary era of efficiency and speed.  The collaboration between Darshan Hiranandani ’s Yotta Data Services and NVIDIA has brought a paradigm shift into the training space, transforming how AI models are trained. Shakti Cloud, empowered by NVIDIA's latest-tier technology, provides incredible computing capacity, greatly saving training time for complex AI models. This speed-up is accelerating development cycles just as much, if not even better, and also spurs researchers, data scientists and developers to the boundary of innovation.  The core technology of Shakti Cloud is NVIDIA's powerful GPU, a widely recognised technology that is well-known f...
Post a Comment
Read more

Who is Darshan Hiranandani and what is his role in the business world?

  Darshan Hiranandani is a prominent Indian businessman known for his leadership in the business world. Here are some key details about him: CEO of Hiranandani Group: Darshan Hiranandani serves as the CEO of the Hiranandani Group, a major real estate conglomerate. The Hiranandani Group, established in 1978 by his father, Niranjan Hiranandani, and uncle, Surendra Hiranandani, has significant real estate operations across various cities in India and abroad. Chairman of Various Companies: In addition to his role at the Hiranandani Group, Darshan holds the position of chairman in several other organizations: Yotta Data Services H-Energy Tarq Semiconductors Tez Platforms2. Education and Diversification: Darshan Hiranandani earned an MBA (Entrepreneurship and Finance) and a B.S. (Management Information Systems) from the Rochester Institute of Technology in New York. He has been instrumental in diversifying the Hiranandani Group’s operations beyond real estate, venturing into areas such ...
Post a Comment
Read more