US chipmaking giant Micron starts construction of $2.75 billion semiconductor factory in Gujarat
Micron Technology has begun construction on its first semiconductor plant in the state of Gujarat, India, following an agreement with the government. The assembly and test facility will focus on producing integrated circuit packages, memory modules, and solid-state drives. Micron has invested $825m into the $2.75bn project, with the remaining funding coming from central and state governments. The plant is expected to be operational by December 2024 and will receive fiscal support from the Indian central government and incentives from the state of Gujarat.
Source: Link
Frequently Asked Questions
Q: What is the value of Micron's new semiconductor factory in Gujarat?
A: The value of Micron's new semiconductor factory in Gujarat is $2.75 billion.
Q: Where is Micron's new semiconductor factory located?
A: Micron's new semiconductor factory is located in Gujarat, India.
Q: When did Micron start the construction of its semiconductor factory in Gujarat?
A: Micron started the construction of its semiconductor factory in Gujarat in June 2023.
Q: How big is the Phase 1 construction of Micron's semiconductor factory in Gujarat?
A: The Phase 1 construction of Micron's semiconductor factory in Gujarat will include 500,000 square feet.
Q: How many jobs will be created by Micron's semiconductor factory in Gujarat?
A: Micron's semiconductor factory in Gujarat is expected to create 20,000 jobs.
For more details, you can refer to the following links:
- Micron Announces New Semiconductor Assembly and Test Facility
- Micron begins construction of $2.75 billion semiconductor plant in Gujarat
- Micron semiconductor test, assembly plant to be set up in Gujarat
- Micron confirms up to $825 million investment in India chip facility
- Micron's India plant to start construction in 4-6 weeks'
- US firm Micron breaks ground for $2.75 billion semiconductor plant
- SemiconIndia 2023: Micron Technology to create 20,000 jobs by setting up Gujarat plant
- Micron to break ground on new semiconductor facility in Gujarat, India
- US-based Micron begins construction of $2.75 Bn semiconductor plant in Gujarat