• Chinmay
• December 17, 2024
• News, Semiconductor Industry
• $100 million investment, chip manufacturing, EV technology, Gujarat incentives, India semiconductor mission, Industry 4.0, power semiconductors, semiconductor production, SPECS, Suchi Semicon, workforce development
• 0 Comments

Gujarat-based Suchi Semicon has commenced semiconductor production without waiting for incentives under the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS) or the India Semiconductor Mission. The company has announced an ambitious plan to invest $100 million (approximately ₹840 crore) over the next three years. A Self-Sustained Business Plan Ashok Mehta, Chairman of Suchi Group and Founder …