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1. In which Indian city is Suchi Semicon to establish its first OSAT plant?
Gujarat-based semicon company Suchi Semicon is poised to inaugurate India's first OSAT (Outsourced Assembly and Testing) plant in Surat. This significant development aims to bolster the country’s semiconductor sector. Expected to generate around 1,200 jobs in advanced semiconductor manufacturing, the facility underscores efforts to fill gaps in India's supply chain for semiconductor components, which have become increasingly crucial for electronic devices. With significant state support, including incentives and the potential for ISM (Investment Substitution Model) subsidies, Suchi Semicon's strategic focus on recruiting talent and technological innovation, particularly in legacy products and power devices, signals a pivotal move toward self-reliance in semiconductor production.