Gandhinagar: In a major news coming from the ongoing Vibrant Gujarat Global Summit 2024, a Korean company Simmetech is going to set up a semiconductor plant in Gujarat.

The location of the plant is going to be Sanand where American semiconductor firm Micron’s plant is also under construction. The land at Sanand near State’s commercial capital Ahmedabad is already allocated for this project.

The phase-1 investment is pegged at Rs. 1,250 crore. Simmtech is world’s largest semiconductor packaging IC substrates and high-density interconnect printed circuit board (PCB) manufacturer. DeshGujarat