The company backed by cricketing legend Sachin Tendulkar, targets USD 30 million in the second year after commencement
FinTech BizNews Service
Mumbai, January 18,2025: RRP Electronics (RRP Electronics), a company backed by cricketing legend Sachin Tendulkar, has entered into a strategic alliance with US-based Deca Technologies, lnc. (Deca), to enhance its semiconductor capabilities. Under the alliance, RRP Electronics - a firm focused on. assembling and testing of semiconductor components - will utilise Deca's cutting-edge wafer-level packaging solutions to enhance its semiconductor capabilities. RRP will integrate Deca's WLCSP and M-Series™ FOWLP technologies with the company's assembly and testing processes. Deca, a leading technology development and licensing company in the advanced packaging industry, is backed by major industry investors such as Qualcomm, Infineon, and ASE Group.
Currently, RRP is collaborating on a high-profile project for a Swiss customer, focused on the production of sophisticated ASICs in QFN packages, further demonstrating commitment to excellence and innovation in the electronics sector.
Commenting on the alliance, RRP Electronics, Chairman & CEO, Rajendra K. Chodankar said, "We are prepared to invest in a large-scale Technology Transfer License Agreement (TTLA) with potential exclusive terms for the complete automated infrastructure and take this alJjance beyond horizons. The present infrastructure will also significantly contribute to the Deca ecosystem. We envisage the set up functional operations after a qualification test in August 2025. This collaboration has the potential to generate revenue of over USD 30 million (about t260 crore) in the second year of operation, with quantum jumps in subsequent years."
Tim Olson, Founder and CEO ofDeca, commented on the alliance, "We are excited to be an integral part of lnrua's exciting journey to become a prominent player in the growing global semi-conductor industry. I am deeply impressed by the focus of the RRP Electronics team and believe that the relationship with Deca will accelerate their ambitious plans."
RRP Electrorucs is developing Outsourced Semiconductor Assembly and Test (OSAT) irutiative with a total investment of t24,000 crores. The OSAT irutiative aims to establish a state-of-the-art semiconductor manufacturing and assembly facility in Maharashtra. RRP Electrorucs is being supported by the Government of Maharashtra to foster technological advancements and economic growth in the region. In September 2024, RRP inaugurated its cutting-edge facility featuring the latest in advanced manufacturing equipment. This project is expected to create about 4,000 jobs, contributing significantly to the local economy and positioning Maharashtra as a key player in the global semiconductor market.
