Nextgen semiconductors to set up chip facility in Gujarat
Semiconductor firm Nextgen Semiconductors has plans to build a chip manufacturing facility in Gujarat. As per the firm, it plans to raise Rs 10–15 billion through equity and other financial instruments over the next 12 months.
The firm has committed to investing more than Rs 88 billion in phases to set up a fully integrated silicon and silicon carbide power semiconductor platform at the Dholera Special Investment Region.