The Indian Cabinet of Ministers approved the plan for the construction of the American Micron Technology in the new factory for packaging and testing chips worth $ 2.7 billion
The authorities of the Prime Minister of India Narendra Modi on the eve of the Prime Minister of India.
The plant is planned to be built in a native state of Gujarat for Mode. The government agreed to ensure that the benefits related to the production of a total value of $ 1.34 billion
as you know, the new plant will not engage in the actual production of chips – only packaging and testing will be carried out here.
The first stage of the complex is planned for launch at the end of 2024. The beginning of the second phase of the project is expected closer to the second half of the decade.
Micron Technology invests up to $ 825 million in the first two lines and will create up to 5 thousand jobs on its staff in the next few years.