Bhiwadi's Semiconductor Leap, RIICO Updates, and Workforce Funding

Bhiwadi cemented its position on India's industrial map this past week with the inauguration of Rajasthan's first chip packaging facility. This significant development marks the state's entry into the semiconductor sector, establishing Bhiwadi as a key hub for advanced manufacturing. This strategic investment underscores the region's growing appeal for high-tech industries, promising new opportunities and further industrial diversification within the Bhiwadi industrial belt.

Supporting this industrial expansion, the Rajasthan State Industrial Development and Investment Corporation, RIICO, continued its land management initiatives. An e-auction for RIICO plots was announced, with the deadline for EMD deposits set for September 25. Furthermore, RIICO established a 10% land premium for the lease renewals of undeveloped plots, a measure aimed at streamlining land allocation and encouraging timely development within its industrial areas, including those in Bhiwadi.

The crucial aspect of industrial workforce development also saw significant movement. Factrika, a startup focused on industrial workforce staffing in India, successfully raised Rs 8.9 crore, or Rs 80.9 million, in seed funding. This investment, led by Info Edge, aims to expand Factrika's platform for manufacturing workforce solutions, a vital component for the growing industrial landscape in areas like Bhiwadi. In corporate performance, Sahasra reported a robust Q1 FY27 revenue of ₹48.0 crores, marking a 117% year-on-year increase. Ddev Plastiks Industries also posted a substantial net profit of ₹6,379 crore in Q1 FY27, indicating strong sectoral growth.

Beyond Bhiwadi, the broader industrial and regulatory environment in Rajasthan saw notable updates. The Rajasthan High Court quashed an unsigned GST notice and order, clarifying that login authentication grants access but does not validate content. This ruling has implications for businesses across the state. Meanwhile, the Ajmer IT Park is gaining momentum, with 22 companies expressing interest as its infrastructure nears completion. In local news for Bhiwadi, a moderate 4.4 magnitude earthquake was recorded 1.2 km south of the town on September 18, 2026, at 01:33 pm Kolkata time. Additionally, Rathi Bars appointed Sachindra Jha as an independent director, and Cords Cable Industries announced a trading window closure for October 2026.