Answer: Simmtech
Notes: South Korean firm Simmtech has unveiled plans to invest Rs 1,250 crore in setting up a semiconductor manufacturing plant in Sanand, Gujarat, as part of a significant boost to the semiconductor industry in India. Recognized as the world's largest manufacturer of semiconductor substrates, Simmtech has entered into a Memorandum of Understanding (MoU) with the Gujarat government for this venture. The plant, to be located near Micron's existing facility in Sanand, will occupy 30 acres of land, with construction set to begin in the next two to three months and completion expected in 6-7 months.
