Maharashtra Chief Minister Eknath Shinde inaugurated the state's first semiconductor manufacturing facility in Navi Mumbai, developed by RRP Electronics with an investment exceeding Rs 36,000 crore. This facility, which will be executed in two phases, is expected to produce semiconductor chips by 2026, reducing reliance on imports and enhancing Maharashtra's technological capabilities. Shinde criticized previous administrations for industry flight and emphasized the government's commitment to a business-friendly environment through subsidies and clearances. The project is projected to create approximately 4,000 jobs and is seen as a pivotal step in establishing Maharashtra as a semiconductor hub. Notably, cricketer Sachin Tendulkar is a strategic investor in the initiative, which aims to attract further investments in high-tech manufacturing. Shinde also highlighted the successful implementation of various government schemes and the presence of 21,000 startups in the state.