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India Clears $2.7 Billion Micron Chip Testing plant ahead of Modi U.S. Visit: Report - Vimarsana News

India Clears $2.7 Billion Micron Chip Testing plant ahead of Modi U.S. Visit: Report

India's cabinet has approved U.S. chipmaker Micron Technology's $2.7 billion plan for a new semiconductor testing and packaging unit, a senior government source said on Tuesday ahead of Prime Minister Narendra Modi's state visit to the U.S.

Source: india.com
Indian Cabinet Greenlights Micron's $2.7 Billion Semiconductor Packaging Facility - Vimarsana News

Indian Cabinet Greenlights Micron's $2.7 Billion Semiconductor Packaging Facility

In a significant move to bolster Indias semiconductor industry, the Indian cabinet has granted approval to Micron Technology, a leading US chipmaker, to invest a staggering $2.7 billion in establishing a semiconductor testing and packaging unit in Gujarat. Read on to learn more.

Source: gizbot.com
India clears $2.7 bln Micron chip testing plant ahead of Modi U.S. visit -source - Vimarsana News

India clears $2.7 bln Micron chip testing plant ahead of Modi U.S. visit -source

India's cabinet has approved U.S. chipmaker Micron Technology's $2.7 billion plan for a new semiconductor testing and packaging unit, a senior government source said on Tuesday ahead of Prime Minister... | June 20, 2023

Cabinet approves Micron's $2.7 bn semiconductor packaging plant ahead of PM Modi's US visit: Report - Vimarsana News

Cabinet approves Micron's $2.7 bn semiconductor packaging plant ahead of PM Modi's US visit: Report

The government will provide production-linked incentives worth ₹11,000 crore ($1.34 billion) for the semiconductor plant, the report said.

India clears $2.7 billion Micron chip testing plant as PM Modi arrives in US: Report - Vimarsana News

India clears $2.7 billion Micron chip testing plant as PM Modi arrives in US: Report

China in May said Micron had failed a security review and barred operators of key domestic infrastructure from purchasing products from the United State's biggest memory chipmaker