Hiranandani Group looks to set up a 100acre semiconductor park in Noida

Synopsis

According to news reports, Mumbai based Hiranandani Group, has requested the Yamuna Express Industrial Development Authority (YEIDA) to identify and assign 100 acres of land near the Jewar Airport to the company for the purpose of constructing a semiconductor park. This request is currently under review by authorities. The company is keen to create an ATMP (assembly, testing, marking, and packaging) facility in the YEIDA region. However, they will pursue the final assignment of land only after receiving all the requisite clearances from Indian Semiconductor Mission (ISM).

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According to news reports, Mumbai based Hiranandani Group, has requested the Yamuna Express Industrial Development Authority (YEIDA) to identify and assign 100 acres of land near the Jewar Airport to the company for the purpose of constructing a semiconductor park. This request is currently under review by authorities.



The CEO of Hiranandani Group, Darshan Hiranandani spoke to the press about the company's plans. He described their keenness to create an ATMP (assembly, testing, marking and packaging) facility in the YEIDA region. However, they will pursue the final assignment of land only after receiving all the requisite clearances from Indian Semiconductor Mission (ISM).



A semiconductor park, also known as a technology park or an industrial park, is a dedicated area or campus where companies involved in the semiconductor industry can set up their operations. It is essentially a cluster of semiconductor-related businesses that benefit from shared infrastructure, resources, and services. They typically include manufacturing facilities, research and development centres, office buildings, and other amenities that are essential to the operation of semiconductor businesses. These parks also provide access to specialized equipment, services, and skilled workforce.



The Hiranandani Group has also established its Yotta Data Service Private Limited data centre division, which is currently working well in the area. The firm had previously asked for 25 acres of land in the YEIDA area to build the data centre park. They were given 20 acres at Knowledge Park-5 in September 2020 to build the first data centre in Uttar Pradesh.



Given the success of their semiconductor division project in UP, the company is eager to increase their footprint. In a bid to do so they have established Tarq Semiconductors Pvt Ltd. The group has sought 200,000 litres of water per hour for Phase 1, and it is anticipated that a total of 750,000 litres of water per hour would be needed for all three phases. The organisation has also asked for a power substation with a 50MW capacity.

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