Explorer

Exit Poll 2024

(Source:  Poll of Polls)

Construction Of Micron's Semiconductor Plant Worth $2.75 Billion In Gujarat Starts

Micron's facility is located in the Industrial Development Corporation area of Chaarodi, Sanand, in Gujarat.

In a bid to cut imports and meet local semiconductor requirements, US-based semiconductor manufacturer has started the construction of its $2.75 billion semiconductor testing and assembly facility in Sanand in Gujarat. Micron has asked Tata Projects to build its advanced semiconductor assembly and test factory, the media has reported. Micron has conducted a "groundbreaking ceremony" in the state of Gujarat and will invest $825 million over a period of seven years in Gujarat.

Micron held the groundbreaking ceremony or Bhoomi Pujan of the plant on Saturday. The facility is being set up on a sprawling 93 acres of land. The plant is located in the Industrial Development Corporation area of Chaarodi, Sanand. The project is the biggest investment under the India Semiconductor Mission (ISM).

ALSO READ: Google Pixel 8 Prices Leaked. Here's Everything You Need To Know

According to a report by The Hindu Businessline, Phase 1 of the facility's construction will include a 5,00,000 square feet of cleanroom space, slated to be operational by late next year. The project encompasses the design and construction of a first-of-its-kind DRAM and NAND assembly and test plant in the country. DRAM is the memory used to store code for algorithms, and processes while NAND, on the other hand, is the memory used to store data for pictures, music.

According to the Union Minister of Information and Technology, Ashwini Vaishnaw, the first chipset rollout from Micron's Sanand plant will happen by December 2024.

To recall, during Prime Minister Narendra Modi's state visit to the US, Micron, a prominent US-memory chip company, announced its plans to establish a new semiconductor assembly and test facility in the country.

ALSO READ: India-Assembled iPhone 15 Models Being Sold For The First Time On Launch Day

Within 15 months, India has seen the construction of its first-ever semiconductor plant, received more manufacturing proposals along with 8 chip designing startups now operational in the country, Rajeev Chandrasekhar, Union Minister of State for Electronics and IT, was quoted as saying on Monday. Giving an example of mobile manufacturing, he said that in 2014, the country had zero mobile export and today, we are exporting Apple and Samsung smartphones worth Rs 1 lakh crore.

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

After GRAP IV Measures, Delhi AQI Improves To 'Very Poor'; But Pollution Concerns Remain
After GRAP IV Measures, Delhi AQI Improves To 'Very Poor'; But Pollution Concerns Remain
AR Rahman's Daughter Raheema Shares Cryptic Post Amid Parents' Separation Announcement: 'Through Every Hardship...'
AR Rahman's Daughter Raheema Shares Cryptic Post Amid Parents' Separation Announcement: 'Through Every Hardship...'
'You Are Not In Bangladesh': Woman Mocks Kolkata Metro Riders For Speaking In Bengali. WATCH
'You Are Not In Bangladesh': Woman Mocks Kolkata Metro Riders For Speaking In Bangla. WATCH
Maharashtra Assembly Election 2024 Sees Highest Turnout Since 1995
Maharashtra Assembly Election 2024 Sees Highest Turnout Since 1995
Advertisement
ABP Premium

Videos

Maharashtra Assembly Elections: Devendra Fadnavis Casts His Vote with Family | ABP NewsMaharashtra Assembly Elections: Nitin Gadkari Confident of Mahayuti's Victory | ABP NewsUP Bypolls 2024: RLD Candidate Claims Voters Were Blocked with Weapons in Madsrsa and MosquesChaos Erupts in UP By-Elections: Stone-Pelting in Meerapur, Police Deployed!

Photo Gallery

Embed widget