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ASIP Technologies plans to invest an additional ₹2,000 crore to expand its outsourced semiconductor assembly and test (OSAT) facility in Andhra Pradesh, India, to scale up production capacity and upgrade packaging capabilities.
Prime Minister Narendra Modi inaugurated ASIP Technologies' semiconductor manufacturing facility in Visakhapatnam. The OSAT facility has an initial investment of over ₹460 crore and an expected annual production capacity of 96 million semiconductor chips. The company also announced plans for an additional investment of more than ₹20 billion for expansion.
| Site | Largest | Latest |
|---|---|---|
| Andhra Pradesh, India | $240.0M | 2026-08-04 |
| Tarluvada, India | $55.0M | 2026-08-03 |