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US Chip-Maker Micron Signs Rs 22,500 Cr Pact With Gujarat

US Chip-Maker Micron Signs Rs 22,500 Cr Pact With Gujarat

BusinessToday.In
BusinessToday.In
  • New Delhi ,
  • Jun 29, 2023,
  • Updated Jun 29, 2023, 12:28 PM IST

 

A significant milestone in India's semiconductor industry as a memorandum of understanding (MoU) was signed between Gujarat and US chipmaker Micron Technologies for the establishment of India's first chip manufacturing plant in Gujarat's Sanand. This development highlights the foundational nature of the semiconductor industry and marks a step towards enhancing India's domestic chip production capabilities.

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