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Following Prime Minister Narendra Modi's meeting with Micron CEO Sanjay Mehrotra, Micron Technology will invest USD 2.5 billion (INR 22,500 crore) to establish an ATMP (assembly, test, marking, and packaging) facility in Gujarat's Sanand GIDC-II, the Gujarat government announced on Wednesday.
The willingness of the US to provide India some technology without expecting reciprocity is gratifying. But is it not one-sided, with India getting technologies it has not been able to develop by itself?
Gujarat government and Micron Technology have signed an MoU to establish a semiconductor chip manufacturing plant in Gujarat's Sanand. Micron will invest $2.5 billion in the facility, which is expected to create 20,000 direct and indirect job opportunities.
Washington is integrating India ever more fully into its incendiary all-sided, diplomatic, economic, strategic and military offensive against China.