An 18-Year-Old Founder Is Building A ₹80 Crore Semiconductor Manufacturing Venture In Gujarat
At just 18, Ahmedabad-based entrepreneur Rehan Mansuri has entered India's semiconductor supply chain with Micronex Technology, a startup developing a lead-frame manufacturing facility in Sanand, Gujarat.
The project involves a planned initial investment of ₹80 crore, with construction already underway and production targeted for May 2027. Its first phase is expected to manufacture 50 crore lead-frame units annually and generate around 250 direct jobs.
Micronex has also signed an MoU with Kaynes Semicon to explore opportunities in the semiconductor supply chain. By focusing on a critical component used in chip packaging, the startup aims to strengthen domestic manufacturing capabilities and reduce reliance on imports.
#Semiconductors #DeepTech #Manufacturing #Startup77
