Tag: Micron semiconductor plant

In a significant development, Micron Technology will break ground for its semiconductor testing and assembly plant in Sanand, Gujarat, this Saturday, just three months after announcing its intention to establish the facility. The project, coming up with a proposed investment of $2.75 billion, marks the largest investment under the India Semiconductor Mission (ISM), according to an ET report. While Micron will contribute $825 million, subsidies will cover the remainder. The plant is projected to become operational by late 2024.“The whole world is watching our semiconductor programme,” Union Minister...