IDCO approves 20-acre land allotment for semiconductor OSAT facility in Odisha
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sancode Technologies' wholly-owned subsidiary Sancode Semi Private has received approval from Odisha Industrial Infrastructure Development Corporation (IDCO) for allotment of 20 acres of industrial land at Infovalley-II, District Khurda, Odisha. The land will be used to set up the company's proposed Semiconductor OSAT (Outsourced Semiconductor Assembly and Test) manufacturing facility. The company described this as a significant milestone toward implementing its semiconductor manufacturing project in Odisha and said it will keep the stock exchange informed of further developments.
Forward-looking positive step toward semiconductor facility setup. Execution, capex and timelines still pending.