SRAM & MRAM Group: SRAM & MRAM expects to onboard SK Hynix, GlobalFoundries for chip plant in India, submit application in a week, ET Telecom
SRAM & MRAM Group Chairman Sailesh Lachu Hiranandani told PTI that his group will hold majority stake in the joint venture and the application to seek the Centre's approval for the project will be submitted within a week. They are going to be our partner in India. India doesn't have a semiconductor plant. We see a huge scope of the plant in India. We have already tied up with Citrus Capital owned by Naveed Ahmed and we are also a joint partner with them," Hiranandani said.
Source: Economic Times August 13, 2023 11:57 UTC
