US chipmaker Micron begins construction of the first phase of a $2.75-billion semiconductor testing and packaging plant in Sanand, Gujarat.
Micron Technology, one of the world’s largest semiconductor companies, has begun construction of the first phase of a $2.75 billion semiconductor testing and packaging plant in Sanand, Gujarat, India.
Micron carried out the groundbreaking of its plant at Gujarat Industrial Development Corporation’s (GIDC) industrial estate in Sanand.
The event took place at Gujarat Industrial Development Corporation’s (GIDC) industrial estate in Sanand where the company has been allotted 93 acres of land for the project.
“The company is poised to begin construction in a record-breaking timeframe of less than three months after signing the MoU,” Gujarat chief minister Bhupendra Patel said while speaking at the event.
The project marks the largest investment under the India Semiconductor Mission (ISM).
The groundbreaking event is a direct outcome of Prime Minister Narendra Modi’s recent visit to the United States in June, which took place upon the invitation of US President Joe Biden.
Speaking to reporters in Delhi on Thursday, Union minister of state for entrepreneurship, skill development, electronics & technology, Rajeev Chandrasekhar said, “In January 2022, PM Modi laid out his vision for India in the global semiconductor ecosystem. He wanted India to rapidly catch up after decades of our country having missed opportunities and failed to make a mark in semiconductors.
It tells you that in such a short time, in 15 months’ time, India has moved from the old narrative of why invest in India for semiconductors to why are we not investing in India for semiconductors,” said Chandrashekhar.
Tata Projects on Saturday announced its collaboration with Micron Technology to construct an advanced semiconductor assembly and test plant in Sanand and said it will roll out semiconductor chips next year.
The contract awarded to Tata Projects solidifies the company’s proficiency in large-scale, sustainable infrastructure development in the Indian manufacturing landscape, it said in a statement.
First made in India chip to come out by December, 2024.
▪️It is located on 93 acres at Sanand, Gujarat.
▪️Two more semiconductor manufacturing proposals underway.
The plant is expected to start operations in 2024 and will create up to 5,000 jobs.
The plant will be built on a 93-acre site and will have a total of 500,000 square feet of cleanroom space.
It will test and package a variety of semiconductor products, including DRAM and NAND memory chips.
Micron’s investment in India is a sign of the country’s growing importance as a manufacturing hub for semiconductors.
India is also one of the fastest-growing economies in the world, and Micron is well-positioned to benefit from this growth.
The plant will also help to boost the Indian semiconductor industry.
India is currently the world’s fifth-largest semiconductor consumer, but it produces only a small fraction of the semiconductors that it consumes.
Micron’s plant will help to reduce India’s reliance on imported semiconductors and support the development of the domestic semiconductor industry.