New Delhi: A well-known US memory chip manufacturer, Micron Technology, has restated its plans to develop a cutting-edge semiconductor assembly and testing facility in Gujarat. The information was first made public during PM Modi’s recent state visit to the US, where he met with Sanjay Mehrotra, president and chief executive officer of Micron Technology, as well as other significant figures from the semiconductor sector.
Sanjay Mehrotra commended Prime Minister Modi at Semicon India 2023 for his leadership and support of programmes like Make in India and Digital India. By declaring that the Gujarat plant will produce more than 15,000 indirect employment in addition to almost 5,000 direct ones, Micron has demonstrated its commitment to India’s semiconductor industry.
Prior to Semicon India 2023, a discussion with Minister of Commerce and Industry Piyush Goyal covered the proposed $2.75 billion assembly and testing facility. Sanjay Mehrotra described the organization’s ambitions for investments in India and how the nation’s semiconductor industry is vying to become a global leader in the field.
The construction of Micron’s new assembly and test facility is expected to commence in 2023, with Phase 1 scheduled to become operational in late 2024. This initial phase will encompass 500,000 square feet of planned cleanroom space, and Micron plans to gradually ramp up capacity in line with global demand trends. Phase 2 of the project, envisioned to be of a similar scale to Phase 1, is anticipated to begin towards the second half of the decade.
By establishing a manufacturing unit for both DRAM and NAND products in Gujarat, Micron aims to cater to the growing demand from domestic and international markets. Furthermore, the company’s investment in the region is expected to act as a catalyst for further advancements in the semiconductor sector, fostering an environment of innovation and business growth.