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of <h1>Global tech firm invests in Indian semiconductor manufacturer to form Rs 3,300 crore JV to build OSAT facility</h1> A global technology services firm has made a strategic investment in an Indian semiconductor manufacturer to form a Rs 3,300 crore joint venture to build an OSAT (Outsourced Semiconductor Assembly and Test) facility in Gujarat under the 'Make in India' initiative. The transaction aims to combine digital engineering, AI-driven process improvements and manufacturing expertise to scale local assembly and testing capacity, enhance supply-chain resilience, and capture export opportunities. Key legal considerations will include regulatory approvals, foreign investment compliance, IP and technology transfer arrangements, contractual governance of the JV, and adherence to incentives and local content requirements.
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