Gujarat, US chipmaker Micron to sign MoU on June 28 for semiconductor unit

The Gujarat government will on Wednesday sign an MoU with American computer storage chipmaker Micron Technology for a semiconductor assembly and test facility at Sanand in Ahmedabad district, said the state government on Tuesday.

The MoU (memorandum of understanding) will be signed in the evening in Gandhinagar in the presence of Gujarat Chief Minister Bhupendra Patel and other dignitaries, said a government release.

On June 22, Micron had announced it will set up a semiconductor assembly and test plant in Gujarat entailing a total investment of $2.75 billion (around Rs 22,540 crore). Micron’s plant has been approved under the central government’s “Modified Assembly, Testing, Marking and Packaging (ATMP) Scheme”.