Suchi Semicon begins chip plant without Centre's incentive, plans $100 million investment in 3 years

Gujarat's Suchi Semicon has initiated semiconductor production, securing state incentives and a $100 million three-year investment plan. While awaiting central government approval, the company has begun trial production, attracting clients for its components. Commercial shipments are expected to commence in the first quarter of next year, with plans for expansion into power semiconductors soon after.