Suchi Semicon to invest $100 million in chip plant in Gujarat, create 1,200 jobs
The facility will focus on advanced semiconductor assembly and testing, in line with the government’s ‘Make in India’ initiative.
The facility will focus on advanced semiconductor assembly and testing, in line with the government’s ‘Make in India’ initiative.
The MoU, signed on November 21, 2023, intends to strengthen cooperation between India and European Union (EU) towards enhancement of semiconductor technology for the advancement of Industries and digital technologies, according to an official statement.
CG Power and Industrial Solutions hit the upper circuit of 20 per cent on Wednesday after it announced a foray into semiconductor assembly at a cost of $791 million.
