Sahasra plans to invest Rs 750 crore to set up memory chip unit

New Delhi: Electronics firm Sahasra Semiconductors has said it expects to become the first company to set up a memory chip assembly, test and packaging unit in the country and start selling locally-made chips by December.

Sahasra Semiconductors chairman and managing director Amrit Manwani told PTI that the company plans to invest a total of Rs 750 crore in setting up the unit at Bhiwadi in Rajasthan.