Micron’s $2.75 billion semiconductor plant construction begins in Gujarat

During Prime Minister Narendra Modi’s visit to the US in June, he met chip-making company Micron Technology’s President and CEO Sanjay Mehrotra. At this meeting, the company announced its plans to build a new assembly and test facility in India. As promised, the US-based semiconductor manufacturer has laid the foundation for its Rs 22,500 crore ($2.75 billion) chip assembly and test facility. This new plant, which is located in Sanand, Gujarat, marks a historic move for India as the country takes another step towards establishing itself as a global chip manufacturing hub.

The facility, which is known as the Assembly, Test, Marking, and Packaging (ATMP) unit, will be built on 93 acres of land at the Sanand GIDC-II industrial estate. The computer storage chip manufacturer is set to begin construction of its semiconductor plant which is expected to start operations within 18 months.