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<root>
    <author>ENA</author>
    <category>State</category>
    <date>2024-12-16 16:25:49</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;Gandhinagar, Dec 16 (KNN)&lt;/strong&gt; In a significant stride towards India's technological self-sufficiency, a new semiconductor chip manufacturing facility was inaugurated on Sunday in Bagumara village, Palsana taluka of Surat district.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Central Jal Shakti Minister CR Paatil presided over the ceremony, marking a notable milestone for the state's industrial landscape.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The state-of-the-art plant, established by Suchi Group&amp;mdash;a company transitioning from the textile sector&amp;mdash;represents a substantial investment of Rs 840 crore.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;With a production capacity of 300,000 chips daily, the facility underscores Gujarat's emerging potential in high-tech manufacturing.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;During the inauguration, Paatil highlighted the transformative potential of local industrial ecosystems, noting that the Tapi river region has consistently inspired entrepreneurs to explore innovative business frontiers.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;His remarks emphasised the significance of industrial diversification from traditional sectors like textiles to advanced digital technologies.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Home Minister of State Harsh Sanghavi contextualised the plant's establishment within the broader national framework, describing it as a tangible manifestation of Prime Minister Narendra Modi's vision of an Atmanirbhar India, particularly in critical technological domains like semiconductor manufacturing.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Mona Khandar, principal secretary of the science and technology department, underscored the strategic importance of electronics manufacturing in driving the digital revolution.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;She emphasised that semiconductors represent the foundational raw material for technological advancement and expressed confidence in Gujarat's industrial ecosystem's capability to potentially serve global semiconductor demands.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The inauguration signals a promising development in India's semiconductor manufacturing ambitions, representing a significant step towards reducing dependence on international chip supply chains and bolstering domestic technological capabilities.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;em&gt;&lt;strong&gt;(KNN Bureau)&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>40269</id>
    <link>https://knnindia.co.in/news/newsdetails/state/gujarat-launches-rs-840-crore-semiconductor-facility-in-surat</link>
    <pubDate>2024-12-16 16:25:49</pubDate>
    <source>knnindia.co.in</source>
    <title>Gujarat Launches Rs 840 Crore Semiconductor Facility In Surat</title>
</root>
