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​​ The MoU was signed in the presence of Electronics & Information Technology Minister Ashwini Vaishnaw and Chief Minister Bhupendra Patel, a government release said. For the last many decades India is dependent upon import of semiconductor chips and the demand for them will increase as the manufacturing sector in the country grows, it said.

On Friday, US memory-chip maker Micron Technology announced it would set up an outsourced semiconductor assembly and testing plant at Sanand in Gujarat entailing an investment of $2.75 billion. Of this, Micron will invest $825 million, while the rest will be a combination of incentives from the central and state governments.

The total cost of the plant comprises USD 825 million (around Rs 6,760 crore) from Micron and the rest from the government in two phases, according to a company statement.

Micron Technology on Thursday announced to set up a new $2.75 billion semiconductor assembly and test facility in Gujarat, a day after Prime Minister Narendra Modi met Sanjay Mehrotra, the Indian-American President and CEO of Micron, in Washington DC during his state visit to the US.

Micron Technology on Thursday announced to set up a new $2.75 billion semiconductor assembly and test facility in Gujarat, a day after Prime Minister Narendra Modi met Sanjay Mehrotra, the Indian-American President and CEO of Micron, in ...

Computer storage chip maker Micron will set up a semiconductor assembly and test plant in Gujarat entailing a total investment of USD 2.75 billion (around Rs 22,540 crore), the company said on Thursday.

Micron Technology on Thursday announced to set up a new $2.75 billion semiconductor assembly and test facility in Gujarat, a day after Prime Minister Narendra Modi met Sanjay Mehrotra, the Indian-American President and CEO of Micron, in New ...

Micron Technology, a leading semiconductor company, has revealed more details about its assembly and test facility in Gujarat, India.

Excited about the steps India is taking to develop the local semiconductor ecosystem, says Micron CEO Sanjay Mehrotra. Facility to come up in Gujarat

Bengaluru, June 22 (IANS) Micron Technology on Thursday announced to set up a new $2.75 billion semiconductor assembly and test facility in Gujarat, a day after Prime Minister Narendra Modi met Sanjay Mehrotra, the Indian-American President and CEO of Mic