Surat (Gujarat) [India], December 15 (ANI): Suchi Semicon, a Gujarat-based semiconductor firm, has formally inaugurated its Outsourced Semiconductor Assembly and Testing (OSAT) plant in Surat – Gujarat’s first.
It is a major step in the direction of enhancing India’s semiconductor manufacturing capabilities. The semiconductor business in India continues to be in a nascent stage, with varied native and multinational corporations meaning to faucet its huge potential.
The state-of-the-art facility was inaugurated by Union Minister CR Patil and Gujarat’s Home Minister Harsh Sanghavi.
The plant, with an preliminary space of 30,000-square-foot facility, will present important meeting, testing, and packaging companies for semiconductor elements, supporting industries equivalent to automotive, shopper electronics, and industrial purposes, the corporate mentioned in a press release Sunday.
In alignment with the federal government’s Atmanirbhar Bharat imaginative and prescient, this initiative goals to cut back India’s dependency on imported semiconductors whereas strengthening the nation’s place within the international semiconductor provide chain.
With a USD 100 million funding, the plant, as soon as at full capability, will produce as much as 3 million semiconductor chips every day. The firm mentioned it is usually in superior discussions to onboard a strategic expertise associate to additional improve its capabilities and drive innovation, the corporate assertion added.
Engineered for speedy scaling, this facility is poised to fulfill the rising demand for semiconductors in each home and international markets, positioning India as a key participant within the international semiconductor ecosystem.
Established in July 2023, Suchi Semicon was based by Ashok Mehta and Shetal Mehta. The firm’s entry into the semiconductor manufacturing house is noteworthy, notably given its origins within the textile business.
Union Jal Shakti Minister CR Patil mentioned, “India is on a transformative path towards becoming a global technology hub, and initiatives like the Suchi Semicon OSAT plant are key to realizing this vision. With the government’s focus on increasing semiconductor manufacturing within India, such plants will play a crucial role in reducing dependency on imports, creating jobs, and strengthening our domestic industry. I congratulate the Suchi Semicon team for their vision and efforts in making this dream a reality, contributing to both Gujarat’s and India’s growth as leaders in technology and innovation.”Gujarat’s Home Minister Harsh Sanghavi mentioned, “We fully support Suchi Semicon in this mission and are confident that this facility will not only contribute to the region’s economic growth but also establish Gujarat as a global leader in semiconductor manufacturing. We look forward to more such initiatives that bring innovation and create high-skilled jobs for our youth.”Speaking on the event, Ashok Mehta, Chairman of Suchi Semicon, mentioned, “Our journey into the semiconductor industry began with a humble background in textiles, but seeing the growing gap in India’s semiconductor capabilities inspired us to take this leap. India has long been dependent on imports for its semiconductor needs, and this gap presented a clear opportunity for us to make a meaningful contribution. Starting with 3,00,000 pieces a day, we are laying the foundation for long-term growth, including plans to scale production and explore semiconductor design in the future. Our goal is not just to manufacture chips but also to drive innovation in the Indian semiconductor ecosystem. This facility will help us reduce supply chain delays, lower logistical costs, and support the development of a self-sustaining semiconductor industry in India.” (ANI)