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Suchi Semicon plans $100 mn investment in 3 yrs without Centre’s incentive
Dec 15, 2024•over 1 year ago
Contract Type
partnership
SuratManufacturing
Description
Suchi Semicon, a Gujarat-based semiconductor company, has begun the production of semiconductors without the Centre's incentive and has announced plans to invest USD 100 million over the next three years. The company has already secured approval for 20% incentives from the state government and is confident in its business plan despite not relying primarily on incentives for its operations.
Company Information
Company
Suchi Semicon
Location
Surat, Gujarat, India
About
Suchi Semicon is a Gujarat-based semiconductor company founded by Ashok Mehta and Shetal Mehta, which has recently started production of semiconductors and plans to invest USD 100 million in three years.
Predictive Intelligence
Strategic
ML-powered predictions for Suchi Semicon's next move
SuratManufacturing