Science, Discovery, Tech and Environment · 25 July 2026
Paras Defence to Set Up $644 Million Semiconductor Packaging Facility
Exam-focused facts from the 25 July 2026 current affairs briefing.
Key facts
- Paras Defence and Space Technologies Limited announced a Rs 6,200 crore ($644 million) investment for a semiconductor unit through its wholly-owned subsidiary, Paras Semiconductors.
- An MoU has been signed with the Madhya Pradesh State Electronics Development Corporation (MPSeDC) to build an Outsourced Semiconductor Assembly and Test (OSAT) facility.
- The OSAT facility will be located on a 50-acre site along the Indore–Ujjain corridor in Madhya Pradesh.
- The facility will undertake advanced chip packaging operations including 3D heterogeneous integration and 2.5D/3D advanced packaging.
- The development aligns with the Union Cabinet-approved Rs 1.27 lakh crore budget for the India Semiconductor Mission (ISM 2.0), a six-year programme to accelerate India's semiconductor ecosystem.